SOYO Group, Inc. (OTC: SOYO.OB) is a leading global provider of computer peripheral devices, consumer electronics and broadband telecommunications products and services. Headquartered in Ontario, California, with sales offices in South America, SOYO Group sells its products through an extensive network of authorized distributors, resellers, system integrators, VARs, retailers, mail-order catalogs and e-tailers, including Walmart.com, eCost.com, Fry’s Electronics, PC Mall and Tiger Direct, among others. Focused on The 3 C’s Computer Products SOYO’s brand name has been prominent in the computing industry for nearly two decades. The Company’s DRAGON motherboards are still sought after by gamers and PC hobbyists worldwide for their superior performance. SOYO made the strategic decision to extend its reach beyond motherboards into faster growing computing segments with greater longer term potential. These segments include LCD monitors and portable storage. SOYO is positioned for further growth in the LCD monitor area as unit volumes are expected to increase worldwide over the next few years. Eventually, bulky computer monitors will be a memory of the past as LCD monitors become the defacto standard with their thin, sleek look and higher quality display. In the portable storage area SOYO’s 20GB Cigar hard drive stands out as the latest generation in portable storage. SOYO developed its unique hard drive to power off any USB source, therefore eliminating clunky external power cords. SOYO’s award winning development capabilities are showcased in this shock resistant hard drive which can fit into the palm of a person’s hand. The high demand for this latest device reflects consumers’ need to store large music, photo, graphic and data files.
Consumer Electronics SOYO is quickly leveraging its well known brand name into the consumer electronics segment. This is a logical progression for the company based on its reputation for providing high quality, superior performing products. SOYO has launched two models of its LCD TVs with planned additions for the coming quarters. The Company’s LCD TVs are manufactured with the highest grade components and boast one year on-site service as part of the standard warranty. Aside from their sleek look and excellent picture, SOYO’s LCD TVs offer full multimedia support with the 37-inch model also offering memory card support. This is a differentiating feature which enables consumers to bring a digital camera, photos and video into the home or office. As demand for LCD TVs continues to grow worldwide, SOYO is well positioned for success.
Communications Products SOYO has developed a full line of broadband VoIP products to meet current and expected demand leveraging the company’s development and manufacturing relationships and strong telecommunications experience. SOYO was one of the first to market with a broadband VoIP phone. The Company’s broadband VoIP phone stands above others due to its “Plug and Dial” capability and overall ease of use. Customers can easily refill their VoIP minutes online or through VoIP refill cards both of which provide dramatically lower per minute phone costs than traditional carriers. SOYO has also developed powerful gateway products.
Growth Strategy Leverage well-recognized SOYO brand name • Leverage extensive distributor and reseller channels• Leverage well-established manufacturing relationships in Asia• Further expand into higher margin IT and Consumer Electronicsmarkets • Continue leadership position in niche marketsTo capitalize on SOYO’s market position as a leading distributor of computer and networking products by increasing penetration of existing markets through acquisitions and expanding into new markets.
SOYO’s Innovative Products Innovation is the key to success in the Consumer Electronics, Communications and Computing segments. SOYO has been a leader in bringing new and innovative products to market throughout its history and remains so today. The Company’s product roadmap is aggressive and continues to evolve in support of SOYO’s target markets. SOYO expects to roll out wireless speakers to enhance the LCD TV viewing experience and also complete the “home theater” entertainment experience. In Computing products, SOYO will also offer wireless speakers for LCD monitors along with the expected introduction of a series of new monitors. For portable storage, SOYO plans to build on the momentum for its Cigar portable 20GB hard drive with new models targeted for later this year. For VoIP SOYO will continue to move forward in a strategic manner expecting to introduce wireless VoIP handsets. This is an evolving segment with enormous potential worldwide due to extremely low communications costs VoIP offers. The Company is also developing its own VoIP network to ensure the highest quality experience for its business and home user customers.
Powerful Global Distribution Channel Retailers E-trader/Mail Order Distributors
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Investment Rationale • Growing revenue and improving profitability• Expand beyond SOYO’s traditional markets into new markets• Further exploit the well-known SOYO brand name• Targeting large, established markets:- $1.4 Billion ISA Motherboard Market - $32 Billion Market VOIP Market - $18 Billion External Storage Market - $53 Billion LCD Monitor and TV Market
Financial Results Revenues were $32.4 million for fiscal year 2004, compared to $31.0 million for fiscal 2003. The Company expects its financial prospects will improve over the next year as margins improve, and the Company’s new line of products starts making a positive impact on revenue and profitability.
Corporate Information Corporate Headquarters: 1420 S. Vintage Avenue Ontario, CA 91761 Phone: 909-292-2500 Fax: 909-937-0783
Investor Relations Contact: David Pasquale, EVP The Ruth Group Tel: 646-536-7006
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