InfoSonics Expands Smartphone Product Line with Release of the verykool® s450 'Onyx'

SAN DIEGO, April 3, 2014 /PRNewswire/ -- InfoSonics Corporation (NASDAQ: IFON) today announced the launch of its new verykool® s450 3G smartphone.

The s450, nicknamed the Onyx, is powered by a 1.2 GHz dual core processor and the Android 4.2 (Jelly Bean) operating system. The stylish, full-featured phone, which includes a 4.5-inch capacitive touchscreen with IPS technology, has an MSRP of $139.

"We take the upmost pride in delivering quality, feature-driven products to the market at economical price points, and our s450 Onyx is no exception," said Joseph Ram, InfoSonics president and chief executive officer. "The s450 Onyx is equipped with an 8-megapixel rear auto-focus camera, secondary VGA front-facing camera and a 4.5-inch FWVGA TFT-LCD capacitive touchscreen – all housed in a sleek and attractive design. With the rising popularity of prepaid plans and need for affordable quality smartphones, the s450 Onyx is well-positioned to be one of the best value-priced handsets on the market today."

The company noted the following additional details of the s450:

• 3G HSPA+ 21 Mbps DL, 5.6 Mbps UL; 3G (850/1900); 2G quad band (850/1900/900/1800)
• 854 x 480 FWVGA display resolution
• Connectivity includes Wi-Fi, Wi-Fi hotspot, Modem Tethering, Bluetooth, GPS and USB port
• SMS and MMS messaging and push e-mail
• Built-in FM radio and multimedia player
• 1,750 mAh Li-Ion battery
• 4GB internal memory; supports up to 32 GB Micro SD card
• Speakerphone, proximity/gravity sensors, and 3.5mm audio jack with stereo headset included

The verykool® s450 is available now in two versions: with a single SIM for operator customers and a dual SIM (unlocked) model for the open market. Suggested retail price: $139 (U.S.). To learn more about the device, visit our verykool® website at http://www.verykool.net/Products/s450.

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 s450 handset; (2) our ability to continue to differentiate our products, including the s450, 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.

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SOURCE InfoSonics Corporation