Syntax Groups Celebrates Milestone First Anniversary of Olevia LCD TV Shipments; Announces Market Position, Global Expansion and New Retail Partners.CITY OF INDUSTRY, Calif. -- Since commencing shipments a year ago of its high value Olevia(TM) LCD TVs, Syntax Groups Corporation(TM), one of the fastest-growing manufacturers of LCD TVs, rose to the number three market position in 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. during Q4 2004, continues its global expansion into Asia, and adds to its portfolio of leading consumer electronics retailers by offering richly featured Olevia LCD TVs at affordable prices. As noted in a new iSuppli Corporation TV market report published by DigiTimes(a), Syntax gained a 7.15% market share in Q4 2004 LCD TV shipments in North America to attain the third rank position, up from its previous position as number four in Q3 2004. Similarly, in a recent report by IDC(b), Syntax achieved the number three USA market position for LCD TV shipments in Q4 2004, plus Syntax scored a "top 10" worldwide LCD TV position in Q4 2004 according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. both IDC and DisplaySearch(c). As a result of the company's first three quarters of sales in 2004, Syntax has achieved increasing market share gains for shipments of its flagship 20", 27" and 30" Olevia LCD TVs. "We view these industry accolades as defining moments in Syntax's history and a testament to our goal to make LCD TVs affordable and attainable for all American families," said James Li, Chief Executive Officer of Syntax Groups. "We are also deeply gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. for the support from our manufacturing partner, Taiwan Kolin, our suppliers, and our retail channel alliances." Success Accelerated by Strong CE Retail Channel A key factor in Syntax's early market success in North America has been the strength of its partnerships with leading consumer electronics retailers. Instead of taking years to build, Syntax has firmly established a robust channel sales program that today includes Internet retailers, regional and national retail chain stores, and notable distributors and resellers. Last year, Syntax commenced Olevia shipments with Internet retailers including TigerDirect, PC Connection and PC Mall, and has since added programs with Amazon.com, Buy.com, BuyRite, eCost, Computers4Sure, Staples.com, Target.com, RadioShack.com plus numerous authorized resellers through Syntax's distributors BDI BDI Burundi (ISO Country code) BDI Beck Depression Inventory BDI Belief-Desire-Intention (AI agents) BDI Baltic Dry Index BDI Basic Driver Improvement (traffic school) Laguna, D&H, Petra, SED (1) (Stream EDitor) A Unix text editor that processes an entire file. It is the stream-oriented version of ed, an earlier text editor. Sed executes ed commands, but instead of editing one line at a time, sed applies the commands to the whole file. International and Sistemas2000 (Mexico). Throughout 2004 and into 2005, Syntax rapidly added popular national and regional retail stores including Staples, CompUSA, hhgregg, Micro Center, Fry's Electronics Fry's Electronics is a specialty retailer of software, consumer electronics, computer hardware and household appliances with a chain of superstores headquartered in Silicon Valley. Starting with one store located in Sunnyvale, California, USA, the chain now boasts sales of $2. , American TV, Dakota TV, DataVision, RCS (1) (Remote Computer Service) A remote timesharing service. (2) (Revision Control System) A Unix utility that provides version control. RCS - Revision Control System Experience, CompuSmart (Hartco Canada), CyberDiscount Warehouse, Beach Camera, AVS (Audio Video Coding Standard) A video compression technique developed by Chinese companies and supported by the Chinese government. Expected to provide better compression than MPEG-2, AVS was created to avoid paying royalties to the MPEG licensors, which are outside Buying Group, and NATM NATM National Association of Trailer Manufacturers NATM New Austrian Tunneling Method NATM Not Another Teen Movie NATM Night at The Museum (movie) NATM Not At The Moment Group members ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. Warehouse, Nebraska FurnitureMart and RC Willey. Boscov's & Meijer Added to Syntax Partners To further extend the visibility of Syntax's Olevia brand throughout the Midwest and the Mid Atlantic Mid Atlantic can mean:
Syntax Continues Global Expansion in Asia Rapidly expanding its global presence, Syntax Groups has firmly established the Syntax Hong Kong/China office. Since its launch late in 2004, Syntax Hong Kong/China has secured customers including Broadway Photo Supply Ltd., Chung Yuen Electrical Co. Ltd., CMK CMK Consumer & Market Knowledge CMK C. M. Kornbluth (Lemony Snicket) Electrical Store, Wing Sing Photo Supplies Co. Ltd., ESDLife, Tai Lin Radio Service Ltd., and 3C Digital. In Q1 2005, Syntax shipped over 5,500 Olevia LCD TVs within the greater China regions. To further expand its operations in Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. , Syntax and partner Taiwan Kolin have formed the joint venture Syntax Philippines office to service markets including the Philippines, Singapore, Malaysia and Indonesia. Olevia LCD TV Product Roadmap Continues to Expand When Syntax broke into the LCD TV market a year ago with its Olevia brand, it raised the industry's competitive bar by not only offering some of the most affordably priced products, but also by including leading specifications that other vendors either charged premium prices for or didn't offer. One year later, Syntax has broadened its LCD TV product line to include 20", 26", 27", 30", 32" and 37" models. Scheduled for availability this summer are new 37" and 42" ATSC/QAM models with HD tuners built-in. Additionally, Syntax will continue to incorporate its proprietary new iDEA technology into future Olevia models to deliver superior image enhancements. About Syntax Groups Headquartered in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , Syntax Groups Corporation (www.syntaxgroups.com) is a complete vertically integrated R&D, manufacturing and channel sales-driven multinational company of high value consumer electronics and computer technology convergence products for the post-PC era. Through its joint venture company, DigiMedia (www.digimedia.com.tw), formed in Taiwan with Taiwan Kolin Company (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :1606.TW, www.kolin.com.tw), Syntax Groups controls a powerful end-to-end supply chain including R&D and manufacturing of backlights for its LCD TVs, optical engines for LCoS TVs, strategic relationships with leading TFT LCD suppliers, mass production manufacturing of LCD TVs and LCoS TVs, quality control, channel sales, marketing and distribution with a solid back-end customer support program. Syntax sells its fully-featured Olevia LCD TVs through a rapidly growing channel network of national and regional retail stores in North America plus distributors and consumer-direct online partners, and internationally in Southeast Asia. To support the dramatic growth of its operations and expanding employee base of 100 people, Syntax relocated its corporate headquarters into larger premises located at 20480 E. Business Parkway, City of Industry, CA 91789. (a) Source: DigiTimes, 4/15/05. "iSuppli Ranks Top TV Sellers in North America and Japan" (b) Source: IDC, 2005. Worldwide and United States LCD TV Unit Shipments by Vendor, Q4 2003-Q4 2004. (c) Source: DisplaySearch, 2005. Quarterly Global TV Shipment and Forecast Report. Syntax Groups Corporation and Olevia are trademarks of Syntax Groups Corporation. |
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