ONTARIO, CA , an innovative provider of computer and consumer
electronics products, and ReelTime.com (PINKSHEETS: RLTR) today
announced that they will partner to provide in-box media content.
The final terms of the agreement are still being negotiated.
Through the partnership, any end-user who purchases a SOYO LCD
TV or LCD Monitor with the ReelTime sticker on it receives
"ReelCash" (from ReelTime). "ReelCash" entitles the purchaser to a
free one month subscription and one free rental of a premium title,
with access to 700 movies and 1,700 TV shows through ReelTime's
website. ReelTime is compatible with any desktop or laptop PC that
can be plugged into a LCD TV, and simply requires that the user
downloads the ReelTime Media Player prior to watching the movie or
TV show of their choice. The movies and TV shows are shown as
streaming video, which eliminates the long, drawn out video
download process found in other Video On-Demand services.
Ming Chok, CEO of SOYO, said, "This is a great opportunity for
SOYO to give our end-users another way to enjoy our LCD products.
Video On-Demand is growing in popularity as a way to watch
television and movies, and we are very excited to be able to
provide our end-user with such an easy, yet innovative way to enjoy
our products and ReelTime's services."
"This partnership with SOYO creates immense opportunity," said
Barry Henthorn, CEO, ReelTime.com. "We are hoping to reach about
1.2 million qualified consumers annually directly over the term of
the agreement, and we are pleased that our customers will be able
to optimize their ReelTime viewing experience on SOYO's
high-quality products."
SOYO's LCD Monitors are available through the following
retailers, online retailers and distribution channels: OfficeMax,
Office Depot Canada, the Brick, Overstock.com, Overrunz, Deltron,
Leader Tech, FuTech, icompy, IGM, DBL, Fry's Electronics, Arch
Brook Laguna, ECost.com, Amazon.com, Target.com, Bell Micro, Star
Computer Group, Jair, and Ceven Corp.
SOYO's LCD TVs are available through the following retailers,
online retailers and distribution channels: HHGregg Appliance and
Electronics, Arch Brook Laguna, Overrunz, DBL, Target.com, Bell
Micro, Star Computer Group, American TV, ECost.com, Overstock.com,
Rex TV, Sixth Avenue Electronics and Wal-Mart Canada.
About SOYO Inc.
SOYO Inc. is an innovative provider of consumer electronics such
as, LCD Monitors, LCD Televisions, Bluetooth, Portable Storage, LCD
Furniture and broadband telecommunications products and services.
Headquartered in Ontario, California, with additional sales offices
in South America, SOYO sells its products through an extensive
network of authorized distributors, resellers, system integrators,
VARs, retailers, mail-order catalogs and e-tailers. Products are
sold under the SOYO, Dragon, Onyx, Dymond, Honeywell, Le V�llo, and
Priv� brand names. For more information, please visit
http://www.soyo.com. For information on the Honeywell Consumer
Electronics product lines, please visit www.honeywellce.com.
About ReelTime Rentals Inc:
ReelTime Rentals' mission is to deliver diverse programming, for
rental or by subscription, over its online broadband network,
enabling viewers to watch whatever they choose, anytime and
anywhere they want to see it -- all they need is a broadband
connection. ReelTime offers the first DVD quality "Point, Click,
and Watch" user experience available on the World Wide Web.
ReelTime is providing the public the next generation of online
viewing technology, designed with the built in capacity for
unlimited growth. ReelTime Rentals can be found on the internet at
www.reeltime.com.
"Safe Harbor" Statement
This release contains certain statements that may be deemed
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to certain risks and uncertainties and
actual results could differ materially from those expressed in any
of the forward-looking statements. The words "plan," "confident
that," "believe," "scheduled," "expect," or "intend to," and
similar conditional expressions, are intended to identify
forward-looking statements. Although the company believes that the
expectations reflected in its forward-looking statements are
reasonable, it can give no assurance that such expectations or any
of its forward-looking statements will prove to be correct. Factors
that could cause results to differ include, but are not limited to,
the availability of components and successful production of the
company's products, successful performance of internal plans, the
impact of competitive services and pricing, general economic risks
and uncertainties, and various other information detailed from time
to time in the company's filings with the United States Securities
and Exchange Commission. The company undertakes no obligation to
publicly revise these forward-looking statements to reflect events
or circumstances that arise after the date hereof. Please refer to
the company's filings at www.sec.gov.
CONTACT: SOYO Inc. Ashten Giardine Public Relations and Investor
Relations (909) 292-2504 ashteng@soyo.com ReelTime Rentals Inc.:
Joe DeLaura (732) 904-3872 jd@reeltime.com
Soyo (CE) (USOTC:SOYO)
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