SAN DIEGO, September 2, 2014 – InfoSonics Corporation (NASDAQ: IFON) today announced the launch of its new verykool® SL5000 smartphone, the company’s first device to include expansive support for LTE 4G networks.
The SL5000, nicknamed the Quantum, is powered by Qualcomm’s Snapdragon 400 – 1.2 GHz quad core processor–and is equipped with Android 4.4 KitKat. The Quantum is housed within an 8.9mm ultra-slim and contemporary frame, which features a 5-inch FWVGA LCD TFT-IPS touchscreen with full lamination. The Quantum also includes an 8-megapixel autofocus rear camera with high definition 720p recording, LED flash and a 2-megapixel user-facing camera.
“Today’s discerning customers expect more comprehensive features in their mobile devices at more economical price points than ever before,” said Joseph Ram, InfoSonics president and chief executive officer. “The SL5000 is a testament to our commitment to producing the most efficient products that deliver performance, design, features, speed and exceptional value that customers have come to expect from verykool. The SL5000 packs an impressive amount of features into its slim and attractive design, with multi-band 4G LTE U.S. nationwide support. We are thrilled to add this device to our existing successful lineup.”
InfoSonics noted the following additional details of the SL5000:
• 4G LTE (Band 2– 1900, Band 4–AWS1700-2100, Band 17/12–700);
3G HSPA+ (850/1900/AWS1700-2100);
2G GSM (850/900/1800/1900)
• 4G LTE Category 4, 150Mbps Downlink, 50Mbps Uplink;
3G HSPA+ 42 Mbps Downlink, 11Mbps Uplink
• 5-inch FWVGA LCD TFT-IPS touchscreen with full lamination (480 x 854 pixels)
• 1 GB RAM, 4 GB ROM, external storage via microSD up to 64 GB
• Connectivity includes Wi-Fi, Wi-Fi hotspot, USB tethering, Bluetooth v4.0 LE,
GPS with A-GPS and USB data port
• SMS and MMS messaging plus push e-mail, IM and SNS
• Built-in FM radio, multimedia player and recorder, HD 720p video recording
• 2,000 mAh Li-Ion battery (Standby time: Up to 10 days | Talk time: Up to 8 hours)
• Speakerphone, proximity/light/gravity sensor and 3.5mm audio jack
• Stereo headset, travel charger and microUSB data cable included
The verykool® SL5000 is available now as a single SIM for operator customers and for the open market. Suggested retail price: $230 (U.S.). To learn more about the device, visit our verykool® website at http://www.verykool.net/Products/SL5000
About InfoSonics Corporation
InfoSonics is a San Diego-based designer, manufacturer and provider of wireless handsets and related products to OEMs, carriers, distributors and consumers in the United States, Latin America, Europe, Africa and Asia Pacific. The company is committed to delivering quality products with innovative industrial designs that appeal to consumers and offer exceptional value. InfoSonics sells and supports its own 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 SL5000 handset; (2) our ability to continue to differentiate our products, including the SL5000, from the competition; (3) significant changes in supplier terms and relationships or shortages in component or product supply; (4) extended general economic downturn in world markets; (5) inability to secure adequate supply of competitive products on a timely basis and on commercially reasonable terms; (6) 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; 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.
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