SAN DIEGO, December 7, 2011 – InfoSonics Corporation (NASDAQ: IFON) today announced the launch of its new verykool® R23 active lifestyle handset.
“The R23 is the fourth model in our line of verykool® active lifestyle phones,” said Joseph Ram, the company’s president and chief executive officer. “The R23 represents a robust upgrade from our R13 model. We designed it around a faster processor and added Java capability, a larger screen, an onboard flashlight and an M3/T3 HAC certification rating from the FCC indicating that it is ‘Hearing Aid Compatible’ and safe to be used by those with hearing aids and cochlear implants. The R23 is shock resistant and carries an IPX5 water resistant rating. We believe the active lifestyle segment of our product line is distinctive and differentiated from other products in the market, and we are working to deliver additional models in the future.”
The Company noted that the R23 is a 2G bar-type phone that also has the following features:
- Quad band (850/900/1800/1900)
- 2.2” TFT LCD screen
- 1.3 megapixel camera with CMOS
- MP3 and FM radio capability
- Bluetooth connectivity
- SMS/MMS messaging
- Micro SD memory expandable to 32GB
- Speakerphone, 64 polyphonic ringtones and stereo headset included
The verykool® R23 is available in two versions: a single SIM version for operator customers and a dual SIM version for the open market. Both versions are available now and shipping to operators and distributors in Latin America and Europe. To learn more about the device, visit our verykool® website at http://www.verykool.net/Phones/r23
About Infosonics Corporation
InfoSonics designs, develops and manufactures wireless handsets and related products. The Company sells to OEMs, carriers and distributors in Latin America and Asia Pacific under its proprietary verykool® brand and other private label brands. Additional information can be found on our corporate website at www.infosonics.com and at 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 i285 handset; (2) our ability to continue to differentiate our products, including the i285, 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.
Vernon A. LoForti
Chief Financial Officer