SAN DIEGO, February 12, 2013 – InfoSonics Corporation (NASDAQ: IFON) today announced the launch of its new verykool® s758 Smartphone/Tablet crossover device.
“Customer feedback to our predecessor verykool® s757 inspired us to design our next generation crossover: the verykool® s758,” said Joseph Ram, the company’s president and chief executive officer. “We made a number of important improvements. The s758 is powered by a 1 GHz dual core processor and the Android 4.0 (Ice Cream Sandwich) operating system with its refined and evolved user interface to facilitate a personalized mobile experience. We improved its ergonomic feel and design with more gentle curves and enlarged the capacitive touch screen to 5.15 inches. We still believe there are many consumers in emerging markets who do not have personal computers and can benefit from a crossover product like the s758 to bridge the technology divide. It enables users to connect to the internet via their service provider and browse the web, while still having all the capabilities of a wireless phone, including tethering. It also has a 5-megapixel rear camera and a VGA front-facing camera for video conferencing, expandable external storage of up to 32GB and a multitude of connectivity and media features.”
The Company noted the following additional details of the s758:
- 3G HSPA (7.2/5.76) tri band (850/1900/2100 or 850/1700/2100) and 2G GSM quad band (850/900/1800/1900)
- Connectivity includes Wi-Fi, Wi-Fi hotspot, Bluetooth, WAP, JAVA, GPS and USB port
- SMS and MMS messaging plus push e-mail
- Predictive text input
- Built-in FM radio and MP3 music player
- 2350 mAh Li-Ion battery
- Speakerphone, proximity/light/gravity sensors, digital compass, torch and 3.5mm audio jack and stereo headset included
- Hearing aid compatible (M3/T3 rating)
The verykool® s758 is available now and comes in two versions: a single SIM version for operator customers and a dual SIM version for the open market. It will be available in the United States for a suggested retail price of $249 (US). To learn more about the device, visit our verykool® website at http://www.verykool.net/Products/s758.
About InfoSonics Corporation
InfoSonics is a designer, manufacturer and provider of wireless handsets and related products to OEMs, carriers and distributors in Latin America, Europe, Africa and Asia Pacific. The Company designs, develops, manufactures, markets, sells and provides after-sales support for its own proprietary line of products under the verykool® and other private label brands. Additional information can be found on our corporate website at www.infosonics.com and www.verykool.net.
Except for the factual statements made herein, the information contained in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as “believes,” “hopes,” “intends,” “estimates,” “expects,” “projects,” “plans,” “anticipates” and variations thereof, or the use of future tense, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and our actual results could differ materially from those contained in such statements. Factors that could cause or contribute to such differences include, without limitation: (1) customer acceptance of the new s758 handset; (2) our ability to continue to differentiate our products, including the s758, from the competition; (3) extended general economic downturn in world markets; (4) inability to secure adequate supply of competitive products on a timely basis and on commercially reasonable terms; (5) inability to attract new sources of profitable business from expansion of products or services or risks associated with entry into new markets, including geographies, products and services; (6) significant changes in supplier terms and relationships or shortages in product supply; and (7) rapid product improvement and technological changes leading to changes in consumer demand for multimedia wireless handset products and features. Reference is also made to other factors detailed from time to time in our periodic reports filed with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this release and we undertake no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.
Note: All trademarks and copyrights other than InfoSonics and verykool are property of their respective owners.
Vernon A. LoForti
Chief Financial Officer