Sorell Announces $1 Million Contract with Navis Corp in Korea for Sorell's Portable Digital TV Navigation Player.SEOUL, South Korea -- Sorell, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SLLI), a world leader in the mobile multi media device market, announced today that it has received a contract valued at $1 million from Navis Corp., a Korean electronics distributor for the company's DN-10 portable digital TV navigation player. Sorell's DN-10 is a portable digital TV navigation player that includes DMB (Digital Multimedia Broadcasting) See mobile TV. (Digital Multimedia Broadcasting Digital Multimedia Broadcasting (DMB) is a digital radio transmission system for sending multimedia (radio, TV, and datacasting) to mobile devices such as mobile phones. ), Navigation (GPS built in-system); Portable Theater (DVD player for movies) and MP3 player all in one compact and sleekly designed device. DMB, which is a digital transmission system for sending data, radio and TV to mobile devices, was introduced in 2005 in South Korea. Sorell has been a leader in developing products that utilize this technology. The DN-10 Portable Digital TV Navigation Player supports playback of various digital files including Avi, DivX, XviD, MP3, WMA, TXT, JPEG JPEG in full Joint Photographic Experts Group Standard computer file format for storing graphic images in a compressed form for general use. JPEG images are compressed using a mathematical algorithm. , BMP (1) (BitMaP) Also known as a "bump" file, it is the native, bitmapped graphics format in Windows. A BMP can be saved in several color options: 1-, 4-, 8- and 24-bit color provide 2, 16, 256 and 16,000,000 colors respectively. BMP files use the .BMP or . and GIF GIF in full Graphics Interchange Format Standard computer file format for graphic images. GIF files use data compression to reduce the file size. The original version of the format was developed by CompuServe in 1987. . The unit comes with a clear 3.5-inch TFT color LCD and has massive storage, including NAND Flash (1GB) and an SD card slot. At a size of 4.9 inches x 2.9 inches and a weight of approximately 150 g oz. (with rechargeable battery) the DN-10 is an outstanding personal electronic device. It retails for approximately $449 (US). Sorell is in the business of manufacturing, research and development, and sales of consumer electronics. Sorell's product line includes MP3 players, MP3 CD Players, Portable Media Players (PMP), mobile cameras and other devices (http://sorell.co.kr/eng/products/main.php). Certain information and statements included in this release constitute "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. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements. A full discussion of these risk factors can be found in the company's 10K and 10Q filings with the SEC. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion