TEMPE, Ariz.--(BUSINESS WIRE)--Aug. 8, 2006--Syntax-Brillian Corp.
(Nasdaq: BRLC), a manufacturer and marketer of LCD and LCoS(TM) HDTVs
and digital entertainment products, today announced that it has
entered into an agreement with Solar Link Technologies Inc., a wholly
owned subsidiary of Taiwan-based Pro Chen Group (which trades on the
Taiwan Stock Exchange under stock #9904), to assemble its full line of
Olevia LCD and LCoS(TM) TVs at a production facility in Ontario,
Scheduled to begin assembly of Olevia 3, 5 and 7 Series LCD TVs in
late August 2006 and LCoS(TM) TVs in September 2006, the facility is
expected to be able to produce approximately 100,000 to 200,000
televisions annually, depending on the size of the TV, for
distribution throughout North America. Tempe, Ariz.-based
Syntax-Brillian now offers cutting-edge LCoS(TM) HDTVs designed in the
United States and certified to carry the "Made in the USA" label, as
well as several innovative lines of LCD TVs designed and assembled in
the United States.
"We're very proud that our Olevia brand LCD and LCoS(TM) TVs will
be assembled by American workers with our partner Solar Link
Technologies," said Syntax-Brillian CEO Vincent Sollitto.
"Strategically, locating production in Ontario is a great advantage.
Not only does it allow us to cut costs on shipping and import duties,
thereby improving margins, but it also allows us to bring production
close to home and work with a company that has extensive experience in
assembling quality consumer electronics."
Olevia LCD and LCoS(TM) TVs assembled at the Ontario facility are
destined for retail locations throughout the United States and Canada
to support a number of recently announced distribution and retail
agreements that Syntax-Brillian has inked to expand the fast-growing
Olevia brand in North America with retailers including The Source by
Circuit City, Pamida, Queen City, distributor Digital Delivery Group
and more. Olevia is currently ranked as a "Top Ten" LCD TV brand in
About Syntax-Brillian Corp.
Syntax-Brillian Corp. (www.syntaxbrillian.com) is one of the
world's leading manufacturers and marketers of LCD and LCoS(TM) HDTVs
and digital entertainment products. The company's lead products
include its Olevia brand (www.olevia.com) of widescreen HDTV-ready and
HD-built-in LCD TVs -- one of the fastest growing global TV brands --
and its Gen II LCoS(TM) 720p and 1080p rear-projection HDTVs for the
high-end video/audio market. Syntax-Brillian's global supply chain,
Asian operations and North American sales channels position the
company as a market leader in consumer and high-end HDTV and digital
Brillian and LCoS are trademarks or registered trademarks of
Syntax-Brillian Corp. All other trademarks are the property of their
Certain statements contained in this press release may be deemed
to be forward-looking statements under federal securities laws, and
Syntax-Brillian intends that such forward-looking statements be
subject to the safe harbor created thereby. Such forward-looking
statements include but are not limited to statements regarding (i) the
timing of commencement of production of LCD TVs and LCoS TVs and the
Ontario Factory (ii) the realization of expected cost savings, and
resultant margin improvements, due to lower shipping costs and import
duties. Syntax-Brillian cautions that these statements are qualified
by important factors that could cause actual results to differ
materially from those reflected by the forward-looking statements
contained herein. Such factors include: (a) changes in markets for the
company's products; (b) changes in the market for customers' products;
(c) the failure of the company's products to deliver commercially
acceptable performance; (d) the ability of the company's management,
individually or collectively, to guide the company in a successful
manner; and (e) other risks as detailed in Syntax-Brillian's Quarterly
Report on Form 10-Q for the quarter ended Dec. 31, 2005 and subsequent
filings with the Securities and Exchange Commission.
CONTACT: Syntax-Brillian Corp., Tempe
Hope Frank, 602-389-8986
SOURCE: Syntax-Brillian Corp.