SAN DIEGO, May 25, 2011 /PRNewswire/ -- InfoSonics Corporation (NASDAQ: IFON) today announced the launch of its new verykool® i277 handset and first customer shipment to Latin America. "The i277 is a feature phone with a full touch screen, user interface and feature set that delivers much of the functionality of a smartphone at a more affordable price point," said Joseph Ram, the company's president and chief executive officer. "With a 3-inch LCD display, the i277 is also a worldwide, quad-band phone with texting, MP3/MP4/3GP, analog TV receiver and FM radio. It features a 1.3 megapixel camera and expandable memory up to 8GB. The i277 augments our verykool product portfolio and is geared to the market segment that prefers touch screen products. We believe it will have a broad appeal to budget conscious consumers in Latin America." The Company noted that the i277 also has the following features:
Data capabilities with USB 1.2, WAP 2.0, JAVA 2.0 and SMS/MMS messaging
Voice and video recording capability
Bluetooth and USB modem connectivity
Speakerphone, 64 polyphonic ringtones, 3.5mm audio jack and stereo headset included
The verykool® i277 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/i277. About InfoSonics Corporation InfoSonicsis 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 i277 handset; (2) our ability to continue to differentiate our products, including the i277, 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.