Business Editors/Technology Writers
TEMPE, Ariz.--(BUSINESS WIRE)--Oct. 24, 2006--Syntax-Brillian
Corp. (Nasdaq:BRLC), a manufacturer and marketer of LCD and LCoS(TM)
HDTVs and digital entertainment products, today celebrates the opening
of a new production facility in Ontario, California that will produce
the company's full line of innovative Olevia LCD and LCoS(TM) TVs for
distribution to retailers and markets throughout the United States and
Canada.
Operating in partnership with Solar Link Technologies, a wholly
owned subsidiary of Taiwan-based Pou Chen Group (trading on the Taiwan
Stock Exchange under stock #9904), the approximately 50,000 sq. ft.
facility is capable of producing in excess of 200,000 LCD and LCoS(TM)
TVs annually representing the full line of Olevia-brand TVs in screen
sizes ranging from 32" to 65".
Featuring a state-of-the-art, semi-automated production line and a
Class 10,000 clean room for LCoS(TM) component assembly, the facility
began initial operations with a pilot line in September and will begin
volume production shortly after opening ceremonies on October 24. The
facility currently employs 120 workers on one shift with plans to
increase production and employment to two shifts by early 2007.
Cutting-edge Olevia LCoS(TM) HDTVs designed by Tempe,
Arizona-based Syntax-Brillian and produced at the Ontario facility
will carry the "Made in USA" label. The facility will also produce
Olevia LCD TVs which will carry the "Designed and Assembled in USA"
label.
"The opening of this facility is a milestone for the growth of
Syntax-Brillian Corporation and for the success of the Olevia brand as
it continues to expand throughout North America, the Asia-Pacific
region and into South America," said Syntax-Brillian CEO Vincent
Sollitto. "The Ontario location creates key economic advantages
including cost reduction associated with shipping and import duties
and the opportunity to build a true just-in-time inventory,
manufacturing and distribution system in the United States to further
support our valued domestic retail partners."
Officiating the ribbon cutting and opening ceremonies are
Christopher C.L. Liu, Chairman, Taiwan Kolin Company, Ltd., Johnny
Tsai, Vice President, Solar Link International, Inc., Vincent
Sollitto, CEO and Chairman, Syntax-Brillian Corporation, and Champ
Shin, Vice President, LG Philips LCD.
Syntax-Brillian's Ontario production facility offers key
logistical advantages because of its close proximity to vendor partner
warehouse locations containing materials crucial in LCD and LCoS(TM)
TV production including thin film transistor liquid crystal display
(TFT-LCD) panels, plastics, electrical engineering solutions and power
supplies.
The Ontario, California LCD and LCoS(TM) facility is the second
major production and assembly facility opened by Syntax-Brillian this
month. On October 16, 2006 the company announced the opening of a
30,000+ sq. ft. LCD TV production facility in Nanjing, China with a
projected output of 300,000 units annually. The Nanjing facility
supports and operates under the auspices of the company's involvement
in the Nanjing Huahai Display Technology Co., Ltd. joint venture.
About Syntax-Brillian Corporation
Syntax-Brillian Corporation (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
entertainment products.
Brillian and LCoS are trademarks or registered trademarks of
Syntax-Brillian Corporation. All other trademarks are the property of
their respective owners.
Forward-Looking Statements
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
expectation of beginning volume production, and (ii) the economic
benefits to be derived from the new facility. 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 Annual Report on Form 10-K for the year
ended June 30, 2006 as filed with the Securities and Exchange
Commission.
CONTACT: Syntax-Brillian Corporation
Ms. Hope Frank, Vice President, Marketing
+1-602-389-8986
hope.frank@syntaxbrillian.com
SOURCE: Syntax-Brillian Corporation