SOYO Group Delivers New GoVideo Product Line to National Distributors and Selected Retailers.ONTARIO, Calif. -- SOYO SOYO Society of Orthodox Youth Organization (R) Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SOYO) a leading global provider of computer, consumer electronic and broadband telecommunication products, announced today that it has shipped out brand new suite of GoVideo branded LCD TV A flat panel TV that uses LCD technology or a rear-projection TV that is based on LCD microdisplay panels. See flat panel TV, rear-projection TV and LCD. Entertainment Screens. The addition of the GoVideo Branded Portfolio of Entertainment Products has opened another significant market segment to our growing distribution network. Our customers have indicated that they expect robust sales of Large Screen LCD sets, especially those with feature rich components, and the GoVideo brand has been popular with consumers for years. A major customer has committed to significant purchase agreements of GoVideo branded products with SOYO Group, Inc. SOYO Group, Inc. manufactures GoVideo branded 23, 32, 37 and 42 inch HD-Ready LCD TV's, under a license agreement signed early this year. Sets will be available for the 2006 Holiday selling season throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Peter Calderon, Sr., Vice President of Sales and Marketing said, "An opportunity to put SOYO technology and distribution to work with a nationally known brand like GoVideo is giving us and our customers another leg up on our competition. Giving consumers additional choices, while maintaining economical manufacturing practices is a real challenge. With GoVideo, our portfolio continues to grow without significant new manufacturing or engineering capital." Additionally GoVideo branded models and product lines will be delivered over the next few months to selected retailers and distributors. Nancy Chu, CFO See Chief Financial Officer. , explains, "We are always looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to give our customers, many of them Fortune 500 Companies, good reasons to buy from us. The GoVideo brand has very good name recognition and a reputation for innovative and feature rich products. In addition, GoVideo customers exhibit good purchase loyalty. We have developed engineering, sourcing and distribution capabilities to enable us to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. these kinds of opportunities." About SOYO Group SOYO Group Inc Soyo Group Inc is a Taiwan-based electronics company. Established in 1985, Soyo manufactures many consumer electronic items including LCD Televisions and Bluetooth communication devices. . is a leading global provider of computer, consumer electronics, and broadband telecommunications products and services. Headquartered in Ontario, Calif., 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 Micro Center, Target.com, Walmart.com, eCost.com, Fry's Electronics, PC Mall, and Office Depot, among others. For more information about SOYO and its products, please call 909-292-2500 or visit SOYO's Web site at http://www.soyogroup.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Act Notice This information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 (the "Act"). In particular, when used in the preceding discussion, 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 Act and are subject to the safe harbor created by the Act. 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. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the company's products, general acceptance of the company's products and technologies, competitive factors, timing, and other risks described in the company's SEC reports and filings. Third-party statements contained herein and information contained on any third-party Web site are not endorsed by or adopted by SOYO, nor has their accuracy been verified by SOYO. |
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