ONTARIO, Calif., March 5, 2007 (PRIME NEWSWIRE) -- SOYO Group Inc.'s (OTCBB:SOYO) New 47" Onyx Series LCD TV features Full HD 1080p with Picture in Picture, NTSC and ATSC tuners, a native resolution of 1920 X 1080, 8ms gray to gray response time and a dynamic contrast ratio of 2400:1. The Onyx 47" LCD TV standard features include cinematic 16:9 aspect ratio and a 178 degree viewing angel, with a host of inputs Including two (2) HDMI inputs, and two (2) 10 watt stereo speakers mounted on the bottom of the screen.
SOYO is targeting the retail Price at just $1899.
SOYO expects final quality control by first week of March and to be shipping in April 2007.
SOYO will also be offering a complete line of HD accessories including a new premium line of home theater furniture, it's Dragon brand of home theater cables, and wall mounts, and a new line of 5.1 speakers to further round out the HD experience.
Edward O'Brien, SOYO Group Inc.'s Director of Marketing, stated that the goal is to offer a complete solution which encompasses a full line of HD accessories from speakers to wall mounts. This combination of a single source provider of consumer and computer electronics to the reseller channel further separates SOYO from the pack. SOYO will also make available its 3 year S.A.F.E extended warranty program.
The 47" Onyx Series is now the biggest LCD TV SOYO offers. SOYO's LCD line now extends from desktop LCDs starting at 15.4 to LCD HD home theater TVs at 47"'s. SOYO is setting the retail price at a very competitive price point without sacrificing the HD experience. We expect to ship the product to our resellers in early April 2007.
SOYO will follow up this home theater center piece with wall mounts that are rated up to 400 lbs, LCD furniture, HDMI Cables, and an amazing warranty all for $1899 MSRP.
Ming Chok, CEO of SOYO, said, "We are enhancing our offering with this product. We have always delivered a great product at value prices. Now our customers can have a true HDTV LCD at a size that was before priced much higher. We hope to introduce our 55" soon."
SOYO loads its Onyx series with the best possible picture quality, the new products, which feature 1080p native resolution panels. Other features are:
SOYO Onyx Series 47" LCD HDTV features include:
-- High-definition native resolution 1920 x 1080 panels and a fast
8 ms gray-to-gray response time ideal for fast-action viewing.
-- Featuring bottom mounted speakers that can serve as a center
channel. The bottom mounted speakers also decrease the overall
size of the LCD so it fits in more furniture solutions.
-- Supports two (2) native 1080p input and is designed to ensure
superior clarity of lower-resolution standard analog TV channels,
high-definition digital programs, VHS tape content and DVDs.
-- Built-in dual ATSC and NTSC combination tuners provide convenient
viewing of high-definition over-the-air broadcast and cable digital
programs and standard analog broadcast and cable channels.
-- Dynamic contrast ratio of 2400:1, a cinematic 16:9 aspect ratio,
and 178-degree viewing angle.
-- Versatile connectivity options include PC compatibility 1920 x 1080
@ 60Hz through HDMI and VGA, and video compatibility through
multiple HDMI with DHCP (2), HD/SD component via RCA component (2)
and VGA (1), composite (1), and S-Video (1) inputs.
-- MSRP: $1899
-- Will be available for order through custom installation specialists
plus select regional retailers.
About SOYO Group Inc
SOYO Group Inc. is a provider of computer, consumer electronics, and broadband telecommunications products and services. Headquartered in Ontario, California, with additional sales offices in South America, SOYO Group sells its products through an extensive network of authorized distributors, resellers, system integrators, VARs, retailers, mail-order catalogs and e-tailers, including Best Buy, Circuit City, Staples, Micro Center, Target.com, Walmart.com, eCost.com, Fry's Electronics, PC Mall, and Office Depot, among others. Products are sold under the Go Video, Dragon, Onyx, Dymond, Honeywell and SOYO brand names. For more information, please visit http://www.soyogroup.com.
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. The words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions, are intended to identify forward-looking statements within the meaning of the Securities Act of 1933, as amended. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the availability of components and successful production of the company's products, general acceptance of the company's products and technologies, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, general economic risks and uncertainties, and various other information detailed from time to time in the company's filings with the United States Securities and Exchange Commission. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Please refer to the company's filings at http://www.sec.gov.
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