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InfoSonics Launches R80 Rugged Phone in Latin AmericaSAN DIEGO, April 15, 2011 /PRNewswire via COMTEX/ -- InfoSonics Corporation (NASDAQ: IFON) today announced first shipments of its verykool(R) R80 handset to customers in Latin America. "We are excited about launching our verykool(R) R80 rugged phone in our core Latin American market," said Joseph Ram, the company's president and chief executive officer. "We previously shipped the R80 to customers in China and India, and believe that the unique industrial design, feature set and price point of the R80 can also be appealing to our customers in Latin America. The R80 is a quad band, GSMbased phone with GPRS class 12 technology that features enhanced water and shock resistance. In addition to its 2.4" QVGA TFT LCD front screen and 1" rear OLED screen, it offers many differentiating features including built-in GPS, altimeter, barometer, thermometer, E-compass, UV detector, pedometer, dual SIM redundancy and flashlight. In a market filled with many look-a-like products, the verykool(R) R80 stands out from the crowd." The Company reiterated that the R80 is also a full multimedia product incorporating: 2 megapixel camera and video camera with 3GP voice and video recording and playback FM radio and MP3 and MP4 capability Data capabilities with PC sync, USB modem, SMS and MMS messaging and e-mail 30MB internal memory, expandable to 32GB Speakerphone, 64 polyphonic ringtones, 3.5mm audio jack and stereo headset included To learn more about the device, visit our verykool(R) website at http://www.verykool.net/Phones/r80. About InfoSonics Corporation InfoSonics is a provider of wireless handsets and related products to OEMs, carriers and distributors in Latin America 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(R) 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 R80 handset; (2) our ability to continue to differentiate our products, including the R80, from the competition; (3) the ability of the Company's new China R&D group to maintain and develop new verykool(R) handsets and successfully introduce them into new emerging markets; (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; (7) significant changes in supplier terms and relationships or shortages in product supply; and (8) 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. SOURCE InfoSonics Corporation |