SAN DIEGO, Oct. 29, 2014 /PRNewswire/ -- InfoSonics
Corporation (NASDAQ: IFON) has announced expansion to its product
lineup with two 5.5-inch phablets—the verykool® s5510 and
s5511.
Both 4G-ready models run on Android 4.4 and feature a 5.5-inch
qHD IPS LCD capacitive touch display, 3mm ultra-slim bezel and 8MP
rear camera. Nicknamed the Juno and Juno Quatro, respectively, the
phablets are lightweight and ergonomic – designed to be held
comfortably single-handedly while providing users with the
big-screen advantage. The Juno features a 1.2GHz dual-core CPU, 4GB
ROM, 512MB RAM and 1.3MP front camera, while the Juno Quatro is
equipped with a 1.3GHz quad-core CPU, 4GB ROM, 1 GB RAM and 2MP
front camera.
Their debuts are well timed for the marketplace. According
to a study recently published by the research service BI
Intelligence, the popularity of smartphones with 5 to 7-inch
screens has altered the smartphone market and cannibalized demand
for tablets. They forecast that phablet shipments will
represent 50% of total smartphone sales in 2016 and over the next
five years will rise at a compound annual growth rate of 27%,
almost double the rate of non-phablet shipments.
"Consumer preference and comfort level are gravitating toward
larger-screen products, which enhance the user experience and in
many cases replace the need for a tablet or laptop," said
Joseph Ram, president and chief
executive officer for InfoSonics. "We have come to a turning point
where the mobile device has become an all-in-one consumer
electronics product and verykool is committed to delivering
products that fulfill that need."
The verykool® s5510 and s5511 are available as single or
dual SIM models for operator customers and the open market.
Suggested retail price s5510: $149.90
and s5511: $164.90 (U.S.). To learn
more, visit http://www.verykool.net/Products/s5510 and
http://www.verykool.net/Products/s5511
About InfoSonics Corporation
InfoSonics is a San Diego-based
designer, manufacturer and provider of wireless handsets and
related products to OEMs, carriers, distributors and consumers in
the United States, Latin America, Europe, Africa and Asia Pacific. The company is
committed to delivering quality products with innovative industrial
designs that appeal to consumers and offer exceptional value.
InfoSonics sells and supports its own 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 SL5510 and SL5511
handsets; (2) our ability to continue to differentiate our
products, including the SL5510 and SL5511, from the competition;
(3) significant changes in supplier terms and relationships or
shortages in component or product supply; (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; and (7) rapid product
improvement and technological changes leading to changes in
consumer demand for multimedia wireless handset products and
features, including changes to the popularity of phablets and other
large screen devices. 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.
Note: All trademarks and copyrights other than InfoSonics and
verykool are property of their respective owners.
SOURCE InfoSonics Corporation