SAN DIEGO, June 16, 2011 /PRNewswire/ -- InfoSonics Corporation (NASDAQ: IFON) today announced the launch of its new verykool® i310 handset in Latin America.
"Our new verykool® i310 is a 2G flip phone that is an upgraded version of one of our most popular selling models, the i305, which has been discontinued," said Joseph Ram, the company's president and chief executive officer. "Capitalizing on its predecessor's success, we enlarged the screen size, significantly improved the camera quality, added Bluetooth, MMS and video recording capabilities, improved battery talk time by 60% and quadrupled the T-Flash memory capacity and number of ringtones. We wanted to deliver a new and improved version to our Latin American customers who enjoyed the entry level flip phone so they can now have an enhanced and more up-to-date feature set. We are hopeful that the i310 will be as successful as its older brother and that consumers in Latin America will recognize the excellent value it delivers."
The Company noted that the i310 will be available in black, red and blue colors, and has the following features:
- Dual band (850/1900)
- 2.0" TFT LCD screen
- 1.3 megapixel camera with digital CMOS
- MP3/MP4/3GP and FM radio capability
- Voice and video recording capability
- Bluetooth connectivity
- SMS/MMS messaging
- T-flash memory expandable to 8GB
- Speakerphone, 64 polyphonic ringtones, 3.5mm audio jack and stereo headset included
The verykool® i310 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 learn more about the device, visit our verykool® website at http://www.verykool.net/Phones/i310.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 i310 handset; (2) our ability to continue to differentiate our products, including the i310, 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