SAN DIEGO, June 9, 2011 /PRNewswire/ -- InfoSonics Corporation (NASDAQ: IFON) today announced the launch of its new verykool® R13 active lifestyle handset.
"Our design team developed the new verykool® R13 as an extension of our strategy to focus on delivering a full line of active lifestyle phones," said Joseph Ram, the company's president and chief executive officer. "Today's cell phone users take their phones everywhere, and they are often subjected to adverse environmental conditions, especially in our target markets. We are working to deliver a line of phones with industrial designs that make them easy to grip and are built to be water and shock resistant to withstand the accidental conditions that sometimes befall them. Our first phone in this line was the verykool® R80. We believe the new R13 is one of the first phones to offer this combination of ruggedized features, style, colors and functionality at such an affordable price. We are hopeful that the R13 will become a high volume seller as consumers in the emerging markets in Latin America and Asia Pacific recognize the excellent value it delivers."
The Company noted that the R13 is a 2G bar-type phone with an IPX5 water resistant rating that also has the following features:
- Quad band (850/900/1800/1900)
- 1.8" TFT LCD screen
- VGA 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® R13 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. To watch a video and learn more about the device, visit our verykool® website at http://www.verykool.net/Phones/R13.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® 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 R13 handset; (2) our ability to continue to differentiate our products, including the R13, 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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV