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P R E S S R E L E A S E
Syntax Groups Kicks Off New Year With Hot New LCD TV Roadmap Preview, Strategic Alliance & Unit Shipment Results
Syntax Groups Kicks Off New Year With Hot New LCD TV Roadmap Preview,
Strategic Alliance & Unit Shipment Results
LAS VEGAS --(Business Wire)-- Jan. 3, 2005 Syntax Groups Corporation(TM),
manufacturer of the high-quality, cost-effective Olevia(TM) brand of widescreen
HDTV-ready LCD TVs, today announced its dramatic 2004 sales results, previews
2005 LCD TV and LCOS TV models including a new 26-inch unit, and strategic
alliance with LG.Philips LCD for premium level LCD TVs.
Since commencing sales of Olevia LCD TVs in April 2004, Syntax has shipped
over 97,000 units to retailers and achieved a position in the top five USA LCD
TV vendors. Sales during the hot Q4'04 holiday buying season accounted for
nearly two-thirds of the total units indicating strong consumer demand for the
unique value that Syntax's Olevia brand brings to the digital living market.
According to DisplaySearch President Ross Young, "Syntax Groups' Olevia brand
is one of the fastest growing LCD TV brands in North America. We believe its
market share doubled to 8% in Q4'04. The company continues to introduce premium
products at attractive prices resulting in increased penetration in each segment
it enters. The introduction of its new 32" and 37" S-IPS models establish new
price points in these segments and should continue to result in rapid growth."
Preview of 2005 Olevia LCD TV/LCOS TV and Media Center Home Theater System
Products
At CES, Syntax unveils several new Olevia LCD TV and LCOS TV models for 2005
that extend the range of TV sizes, features and pricing options to fit
consumers' preferences and space requirements. During the first half of 2005,
Syntax plans to roll out Olevia LCD TVs ranging from new space-efficient 20-inch
units to several models with "Super-IPS" technology from LG.Philips LCD to
deliver a premium widescreen viewing experience.
Syntax introduces newly-designed Olevia 20-inch LCD TVs (LT20S and LT20SD)
featuring 500:1 contrast ratios, 800x600 resolution, 12ms response times, VGA
and component inputs, plus a built-in DVD player included in the LT20SD model.
With a rich spectrum of specifications in its thin, flat LCD panel design,
Syntax announces the new 26-inch HDTV-ready Olevia LCD TV (LT26HVE).
Competitively priced at $899 (MSRP), the 26-inch model features a high quality
widescreen packaged in an attractive black bezel, and delivers sharp 1280x768 (WXGA)
resolution, 750:1 contrast ratio, 700 cd brightness, de-interlaced up to 1080i,
a wide 170/170 viewing angle, 12ms response time, 15:9 wide aspect ratio with
progressive scan, HDCP DVI, VGA and component inputs, single NTSC tuner, 3D comb
filter and 3:2 pulldown.
Among Syntax's high end Super-IPS based Olevia LCD TVs is a new HDTV-ready
32-inch Olevia (LT32HVE), featuring 1366x768 resolution, 8ms typical response
time, de-interlaced up to 1080i, 16:9 aspect ratio, and VGA and component
inputs.
Syntax will also introduce its first 1080p HD-compatible 37-inch (LT37HVDP)
and 42-inch (LT42HVE) models featuring 1920x1080 resolution, 1200:1 dynamic
contrast ratios, 8ms typical response times and built in ATSC tuners, plus
37-inch (LT37HVD) and 42-inch (LT42HVE) 1080i models with resolutions of
1366x768.
Also previewing at CES is a 61-inch LCOS (Liquid Crystal On Silicon) TV
featuring an eLCOS 1080p three-panel engine architecture that achieves brighter,
smoother cinema home entertainment pictures with contract ratios greater than
1500:1 and brightness level higher than 1000 nits.
Complementary to the Olevia LCD TV line is Syntax's Colossus Media Center
Home Theater System Series, a powerful new home entertainment solution that
provides the consumer with an unforgettable audio and video experience. Designed
for Microsoft(R) Windows(R) XP Media Center Edition 2005, the Syntax Colossus
Media Center includes a comprehensive set of processing, memory, storage,
graphics and sound specifications to deliver a rich TV viewing experience, music
download, movie rental, photo viewing, editing and sharing, email and instant
messaging, as well as access to popular websites.
Syntax Announces LG.Philips LCD Alliance to Deliver Premium Level LCD TVs
Syntax Groups and LG.Philips LCD have entered into an agreement to provide
advanced Super-IPS display technology for all of Syntax's Olevia large-size LCD
TV products including the 32-inch, 37-inch, 42-inch and future models including
47-inch and 55-inch units.
"Each of our companies are excited about the emerging HDTV market and the
many opportunities to provide larger and wider flat TVs to consumers," said
James Li, CEO of Syntax Groups. "Together, these HDTV solutions should provide
some of the highest image quality displays and best value propositions for this
emerging sector of the consumer electronics market."
About Syntax Groups
Headquartered in Southern California, Syntax Groups Corporation (http://www.syntaxgroups.com)
is a complete vertically integrated R&D, manufacturing and channel sales company
of high value consumer electronics and computer technology convergence products
for the post-PC era. Through its joint venture company, DigiMedia (http://www.digimedia.com.tw),
formed in Taiwan with Taiwan Kolin Company (TSE:1606.TW, http://www.kolin.com.tw),
Syntax Groups controls a powerful end-to-end supply chain including R&D and
manufacturing of backlights for its LCD TVs, optical engines for LCOS TVs,
strategic relationships with leading TFT LCD suppliers, mass production
manufacturing of LCD TVs and LCOS TVs, quality control, channel sales, marketing
and distribution with a solid back-end customer support program. Syntax sells
its full-featured Olevia LCD TVs though a rapidly growing channel network of
consumer-direct online partners, and regional and national retail stores in
North America, and internationally in Southeast Asia. To support the dramatic
growth of its operations, Syntax recently relocated its corporate headquarters
into new, larger premises located at 20480 E. Business Parkway, City of
Industry, CA 91789.
Syntax Groups Corporation and Olevia are trademarks of Syntax Groups
Corporation.
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