InfoSonics Broadens its 4G LTE Smartphone Line with Introduction of the verykool® Maverick LTE

Dec 08, 2015, 09:00 ET from InfoSonics Corporation

SAN DIEGO, Dec. 8, 2015 /PRNewswire/ -- InfoSonics Corporation (NASDAQ: IFON) today announced the release of its latest 4G LTE model, the verykool® Maverick LTE (SL5550). The Maverick LTE is equipped with a 5.5" HD screen, Gorilla glass and both front and rear cameras with auto focus and LED flash.  Designed as a world phone to promote seamless connectivity for travelers, it features 7 LTE bands, 5 3G bands and 2 2G bands.  Its contemporary and ergonomic design includes a 2.5 dimensional curved back cover and its 16GB of internal memory is expandable through a built-in slot compatible with SD cards up to 64GB.

The new verykool® Maverick LTE, which comes in both single and dual SIM versions for operator and open market customers respectively, is expected to be available for purchase by Friday, December 11th at a suggested retail price of $189.90(U.S.).

"We are more determined than ever to pack as many high-quality features into our phones as we can while holding prices to levels that represent exceptional value," said Joseph Ram, InfoSonics president and chief executive officer.  "With the Maverick LTE, we teamed up with MediaTek, our long-term technology partner, to help us develop and integrate this compelling new product.  MediaTek provides us with its MT6735P LTE baseband processor powered by four 64 bit Cortex – A53 ARM 1.0GHz cores, and equipped with MediaTek's MiraVision™ Picture Quality Engine for the ultimate display viewing experience, producing vivid and vibrant colors and graphics.  I am confident our customers will be captivated by the design, feature set, quality and value of our new Maverick LTE."

Core Specs: verykool® Maverick LTE

  • Android 5.1 Lollipop
  • 5.5-inch HD IPS-LCD Capacitive Touch Display (720 x 1280p), with Corning Gorilla Glass
  • 13MP Camera with Autofocus and LED flash, 8MP Front-Facing Camera with Autofocus and LED Flash
  • 1 GB RAM, 16 GB ROM, External Storage via microSD up to 64 GB
  • 2,500 mAh Li-Ion Battery
  • Speakerphone, proximity/light/gravity sensor and 3.5mm audio jack
  • Accessories include a stereo headset, travel charger and microUSB data cable

Fit for any lifestyle, the extensive verykool® product line of mobile handsets and accessories is recognized for its high-value performance and functionality in countries around the world. InfoSonics continues to bring unprecedented value to the handset / phablet marketplace, where affordability has come to define a large share of the evolving mobile communications demands of consumers.

The verykool® portfolio runs the gamut from basic feature phones and sleek and sophisticated smartphones, including a series of ruggedized phones for the most extreme users, to phablets for those who prefer the big screen experience.

To learn more, visit our verykool® website at http://www.verykool.net/Products/SL5550.

About InfoSonics Corporation InfoSonics is a San Diego-based manufacturer and provider of wireless handsets and related products to carriers, distributors and consumers throughout the U.S. and Latin America under the verykool® brand. InfoSonics is committed to delivering quality products that offer high-end design and impressive functionality at affordable prices. 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 SL5550 handset; (2) our ability to continue to differentiate our products, including the SL5550, 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. 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



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