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Syntax-Brillian and LG.Philips LCD Extend Strategic Supply Agreement and Establish Joint R&D Office.

Strong Growth of Olevia LCD TV Demand Worldwide and Future Joint Development Efforts Drive Deepening of Strategic Relationship

TEMPE, Ariz. -- Syntax-Brillian Corporation (Nasdaq:BRLC) announced today that it has extended its existing strategic supply agreement with LG.Philips LCD (NYSE:LPL) (KRX:034220), one of the world's leading thin film transistor liquid crystal display (TFT-LCD) manufacturers, through 2007 and will also collaborate with the company on future research and development efforts at a joint office in Nanjing, China.

It is estimated that LG.Philips LCD will supply approximately 700,000 panels to Syntax-Brillian in 2007 for the manufacture of increasingly popular Olevia LCD TVs for global distribution as well as LCD displays. Under the agreement, LG.Philips LCD will supply Syntax-Brillian with its full line of panels including 26", 32", 37", 42", 47", 52", 55", 57" and 65" panels, with the majority of panels likely to be utilized for the high-demand 37" and 42" form factor.

The extension is the result of continued strong demand for Olevia LCD TVs worldwide. Sales of Olevia LCD TVs more than tripled in 2006, gaining market share in North America, the Asia-Pacific region and South America.

The agreement establishes a platform for continued global growth for Syntax-Brillian and the Olevia LCD TV brand by securing for the company a reliable supply of high-quality LCD TV panels at competitive pricing.

In addition to supplying Syntax-Brillian with panels, LG.Philips LCD will also host a joint research and development office and collaborate with a Syntax-Brillian engineering team on the development of cutting-edge digital entertainment products utilizing advanced LG.Philips LCD technology. The office will be located at LG.Philips LCD's Nanjing, China LCD/LCM factory and will function as the Beta-site for development and testing of next-generation products developed by the venture.

This research and development office is projected to be fully operational in early 2007. It is strategically located minutes away from Syntax-Brillian's joint venture LCD production facility in Nanjing (Nanjing Huahai Display Technology Co., Ltd.), ensuring both close collaboration between the two companies and ease of manufacturing of resulting new products.

"We're proud that our past support for Syntax-Brillian has contributed to the impressive growth of the Olevia brand across the globe," said Mr. Champ Shin, Vice President and Head of TV Sales Department, LG.Philips LCD. "In global markets in 2007, LG.Philips LCD is pleased to continue its partnership with Syntax-Brillian and will continue in its efforts to make Olevia LCD TV products among the most preferred and successful in the world."

"It is a distinct honor and privilege for a company as relatively young as Syntax-Brillian to establish and grow this kind of strategic relationship with LG.Philips LCD, an icon and innovator in the LCD industry," said James Li, President, Syntax-Brillian. "Our relationship with LG.Philips LCD has been instrumental to our success in expanding the Olevia brand in markets across the globe in 2006. In 2007, Syntax-Brillian is poised for further growth as we collaborate with LG.Philips LCD on advanced display technologies and next-generation products and continue to work to expand the Olevia brand worldwide."

About Syntax-Brillian Corporation

Syntax-Brillian Corporation (www.syntaxbrillian.com) is one of the world's leading manufacturers and marketers of LCD and LCoS[TM] HDTVs, digital cameras, and microdisplay entertainment products.

The company's lead products include its Olevia brand (www.olevia.com) high definition widescreen LCD and LCoS televisions -- one of the fastest growing global TV brands -- and Vivitar brand (www.vivitar.com) digital still and video cameras. Syntax-Brillian has built an Asian supply chain coupled with an international manufacturing and distribution network to support worldwide retail sales channels and position the company as a market leader in consumer digital entertainment products.

Brillian, LCoS and Vivitar are trademarks or registered trademarks of Syntax-Brillian Corporation. All other trademarks are the property of their respective owners.

About LG.Philips LCD

LG.Philips LCD Co., Ltd (NYSE:LPL) (KRX:034220) is a leading manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels. The Company manufactures TFT-LCD panels in a wide range of sizes and specifications for use in TVs, monitors, notebook PCs, and various applications. LG.Philips LCD currently operates seven fabrication facilities and four back-end assembly facilities in Korea, China and Poland. In addition, LG.Philips LCD has sales and representative offices in ten countries and has approximately 21,000 employees globally. Please visit http://www.lgphilips-lcd.com for more information.

Forward-Looking Statements

Certain statements contained in this press release may be deemed to be forward-looking statements under federal securities laws, and Syntax-Brillian intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements include but are not limited to statements regarding the number and size of LCD panels to be supplied by LG.Philips LCD during 2007 and the projected operational date of the research and development facility. Syntax-Brillian cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include: (a) changes in markets for the company's products; (b) changes in the market for customers' products; (c) the failure of the company's products to deliver commercially acceptable performance; (d) the ability of the company's management, individually or collectively, to guide the company in a successful manner; and (e) other risks as detailed in Syntax-Brillian's Annual Report on Form 10-K for the fiscal year ended June 30, 2006 and subsequent filings with the Securities and Exchange Commission.
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Date:Dec 13, 2006
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