InfoSonics Corporation Strengthens Its Presence in the Mexican Market with the Opening of a New Sales and Operations Facility I
13 Aprile 2006 - 2:30PM
Business Wire
InfoSonics Corporation (AMEX:IFO), one of the fastest growing
distributors of wireless handsets in the United States and Latin
America, today announced that its subsidiary InfoSonics de Mexico,
S.A. de C.V., has entered into a lease agreement for a facility in
Mexico. This facility will enable InfoSonics to offer a broad range
of products and services to cellular carriers in Mexico. The
facility will be used for assembly, testing, warehousing and
logistics of products for Mexico as well as other Latin American
markets. In addition, the new facility will serve as the InfoSonics
de Mexico headquarters, as well as the main sales office for a
Mexico-based sales force. "We are excited about expanding our
capacity and market opportunity and believe this strategic location
will enable us to offer leading wireless products and great
customer service to our existing and new customers in Mexico, as
well as provide valuable lower cost services to other Latin
American and United States carrier customers," stated Joseph Ram,
President and Chief Executive Officer. "Mexico, with more than 47
million cellular subscribers, has the potential to be a significant
new market for us, and this new facility will strengthen our role
in the supply-chain for wireless devices in the regions we serve."
About InfoSonics Corporation InfoSonics is one of the fastest
growing distributors of wireless handsets and accessories in the
United States and Latin America. InfoSonics provides end-to-end
handset and wireless terminal solutions for network operators in
both the United States and Latin America. These solutions include
product approval and certification, light assembly, logistics
services, marketing campaigns, warranty services and end user
support. For more information please visit
http://www.infosonics.com. The forward-looking statements contained
herein are subject to certain risks and uncertainties that could
cause actual results to differ materially from those reflected in
the forward-looking statements. Some of these uncertainties and
risks include, but are not limited to, the demand for our products,
our ability to obtain our products from our suppliers when and in
the quantity requested, our ability to maintain commercially
feasible margins given significant competition, and other factors.
In addition, references to past operating results should not be
considered to be indicative of future performance. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which reflect management's analysis only as of the date
hereof. InfoSonics undertakes no obligation to publicly revise
these forward-looking statements to reflect events or circumstances
that arise after the date hereof. Readers should carefully review
the risks described in other documents that InfoSonics files from
time to time with the Securities and Exchange Commission ("SEC"),
including our Form 10-K for the year ended December 31, 2005.
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