According to NPD Group SOYO has 50.2 Percent Market Share in the
24 Inch Category Followed by Samsung at 16.4 Percent For the Week
Ending August 25, 2007
* SOYO Was the Per Unit Volume Leader, Followed by Samsung,
Gateway, Acer, LG, HP, Westinghouse, and Viewsonic.
* SOYO's 24 Inch Wide is Available Exclusively at OfficeMax
* SOYO is Currently Number Eleven in Overall Monitor Sales
For the Latest Week Ending August 25, 2007.
ONTARIO, Calif., Sept. 6, 2007 (PRIME NEWSWIRE) -- SOYO Inc. (OTCBB:SOYO), an innovative provider of computer and consumer electronics products, today announced that their 24 inch Wide LCD Monitor has gained 50.2% market share according to NDP Group ratings. The report for the week ending August 25, 2007 had the SOYO 24 inch Wide LCD monitor as best selling LCD monitor in the 24 inch category. SOYO also was rated number eleven in overall monitor sales for the week ending August 25, 2007.
Harvey Schneider, Director of Sales for SOYO said, "We are pleased with these outstanding results, and feel that OfficeMax has been a great customer for us. This is significant accomplishment for us because we don't posses the distribution network that the companies we beat out possess. It is also a tremendous accomplishment to be rated number eleven in overall monitor sales. We are also striving to gain market share in other categories and increase our brand awareness. We have a long way to go, but reports like this are very encouraging for our business."
The 24 inch LCD Monitor is available at most OfficeMax stores, as well as online at www.officemax.com for select zip codes.
The NDP Group was founded in the late 1960's and is the leading provider of consumer and retail market research information for a wide range of industries. The information is extracted from the point-of-sale (POS) systems from select retailers across the nation.
About SOYO Inc.
SOYO Group Inc. is an innovative provider of consumer electronics such as, LCD Monitors, LCD Televisions, Bluetooth, Portable Storage, LCD Furniture 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. Products are sold under the SOYO, Dragon, Onyx, Dymond, Honeywell, Le Vello, and Prive brand names. For more information, please visit http://www.soyogroup.com.
"Safe Harbor" Statement
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