ONTARIO, Calif., Feb. 4, 2009 (GLOBE NEWSWIRE) -- SOYO Inc. ("SOYO" or "Company") (OTCBB:SOYO) today announced that it has signed an agreement with HSN, a $3 billion interactive multi-channel retailer, to debut Honeywell brand HDTVs. On Saturday February 7th, HSN will feature the Honeywell Altura(tm) ML Series High-Definition LCD HDTVs in 32 and 42 inch sizes. Shoppers can go to http://www.hsn.com/ and click on Program Guide to get air times, pricing and other information.
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"HSN will be the first major retailer for the Honeywell brand HDTVs," said SOYO CEO and director, Ming Chok. "We're excited with this new partnership opportunity. HSN is a multi-billion dollar multi-channel retailer with a strong commitment to delivering outstanding value and service to its customers. These attributes make our relationship with HSN a natural fit. I believe HSN will serve as a leading retailer for the Honeywell brand of HDTVs and contribute to our Company's growth." SOYO, Inc. is the exclusive authorized licensee of the Honeywell brand for consumer electronics products.
The Honeywell Altura ML Series HDTV delivers full high-definition LCD 1080p resolution. Users can connect to all HD media and entertainment devices, including Blu-ray, Wii, X-Box 360, PlayStation 3 and other gaming systems via HDMI cable (included) or the High Definition Multimedia Interface. In addition, each Altura ML series HDTV is equipped with high fidelity speakers to provide superior stereo sound. Engineers showed their attention to detail when designing the Honeywell Altura ML Series HDTV. For example, they used the underside of the front bezel to mount powerful integrated stereo speakers, so speaker vents are not exposed; and the intuitive on-screen menu layout can be navigated by even the most novice user.
The Company is so confident in the quality engineering and construction of the Honeywell Altura ML Series HDTVs that it comes with a five-year limited warranty, which is far better than nearly all other LCD HDTV manufacturers currently offer.
For additional information and product specifications, go to the Honeywell CE website at http://www.honeywellce.com/#Products .
About HSN
HSN, Inc. (Nasdaq:HSNI) is a $3 billion interactive multi-channel retailer with strong direct-to-consumer expertise among its two operating segments, HSN and Cornerstone Brands. HSN, Inc. offers innovative, differentiated retail experiences on TV, online, in catalogs, and in brick and mortar stores. HSN, Inc. ships 50 million products and handles 50 million inbound customer calls annually. HSN, which created the television retail industry 31 years ago, now reaches 90 million homes (24 hours a day, seven days a week, live 364 days a year).
About SOYO Inc.
SOYO, Inc. is a leading global provider of computer, consumer electronics, and broadband telecommunications products and services. Headquartered in Ontario, Calif., with sales offices in Latin America, the SOYO brand has become synonymous with quality, performance and value. For more information about the company and its products, please call 909-292-2500 or visit our Web site at http://www.SOYO.com.
"Safe Harbor" Statement
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. The words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions, are intended to identify 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, successful performance of internal plans, 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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