ONTARIO, Calif., Sept. 27, 2007 (PRIME NEWSWIRE) -- SOYO Inc. (OTCBB:SOYO), an innovative provider of computer and consumer electronics products, reported that their sales in Latin America have increased 284% with 2007 revenues exceeding $10.5 million YTD through September 25, 2007, compared to the same period in 2006. This increase is due to the combination of an increase in product offering, the establishment of nine in-country consumer service centers, as well as the growth of the LCD Technology market in Latin America. Currently, SOYO offers the complete product line of LCD Monitors and LCD TVs in Latin America.
SOYO's Latin American Sales Team is overseen by Fernando Skrobacki and Pablo Gersberg, the Regional Sales Managers of Latin America. With sales offices in Buenos Aires and Sao Paulo, Brazil, Mr. Skrobacki and Mr. Gersberg cover Latin America with a sales network of Official Distributors in Latin America and Wholesale Exporters in Miami, Florida. They have also employed aggressive marketing and sales strategies to increase retailers' and resellers' sales to the end-user in order to promote SOYO products in Latin America. Their major accounts include: Bell Micro-Latin America, Star Computer Group, Deltron (Peru) Master (Paraguay), SAZ Computers (Ecuador) and SAT (Central America).
Ming Chok, CEO of SOYO said, "The Latin American consumer electronics market has experienced consolidation and Mr. Skrobacki and Mr. Gersberg have developed the right and committed distributor channel, so they are able to cover every country and market. With their hard work and dedication, Mr. Skrobacki and Mr. Gersberg have created a substantial presence for SOYO in Latin America and every quarter they consistently deliver profits to SOYO's bottom line."
About SOYO Inc.
SOYO Group 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 Vello, and Prive brand names. For more information, please visit http://www.soyogroup.com.
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