P R E S S R E L E A S E
ViewSonic Large Screen LCD TVs Earn Best-Seller Spot in Solution Provider Channel
Recognition Follows Company's Global Market Share Jump in Public DisplaysWALNUT, Calif., Dec. 13 /PRNewswire/ -- ViewSonic(R) Corporation, a leading global provider of visual display products, has once again been recognized for its market share growth and ongoing success in the LCD TV and commercial display market. CRN magazine has named ViewSonic a "Channel Best- Seller" with 32 percent market share in the "greater than 30-inch" LCD TV category. A separate global study by flat panel research and consulting firm, DisplaySearch, noted ViewSonic's jump to the number three vendor of public displays sold worldwide.
In the recently released CRN Channel Best-Sellers list, ViewSonic was recognized as the "Channel Best-Seller" with more than twice the market share of its nearest competitor. The CRN Channel Best-Sellers list represents the top five best-selling technologies in 22 categories, as well as the leading Channel Best-Seller in each category and the Top Growth Best-Seller. In partnership with the NPD Group, the world's leading provider of technology market research information, CRN identified the most popular technology brands and products being sold through the channel in the comprehensive survey. ViewSonic garnered the number one Channel Best-Seller ranking because of its market revenue share data from January through June 2007.
The number one market share position in the CRN Channel Best-Sellers list comes on the heels of another strong showing by ViewSonic's commercial display offerings. The latest report discussing public displays issued by DisplaySearch found that in the second quarter of this year ViewSonic jumped to third in global shipments with 12 percent of the public display global market share-behind only Samsung and NEC.
"These results validate the confidence that our reseller partners and customers have in the ViewSonic brand, which reaches beyond desktop displays to our technology leadership and the performance of our large screen LCD products," said Steve Woo, vice president and general manager of ViewSonic's VTV Business Division. "We plan to broaden our portfolio of products, channels of distribution and technology innovation to continue to bolster our position in the commercial display market."
Both accolades are announced in the wake of the creation of ViewSonic's VTV division. VTV was formed to focus specifically on LCD TVs and commercial displays, expand upon its initial success and increase growth in these categories. The VTV group will leverage ViewSonic's heritage as a leader in the traditional LCD monitor market, as well as its supplier and distribution relationships to deliver leading technology, performance and value in the TV and public display market.
ViewSonic has multiple solutions for public displays including network appliances and software to make a complete commercial display solution for small and medium size businesses. The company is also planning to introduce a new line of LCD TV and digital signage technology in early 2008. For more information or images of ViewSonic digital signage products, or to locate an authorized ViewSonic dealer, visit www.ViewSonic.com or call 800.888.8583.
About ViewSonic
ViewSonic(R) Corp., a worldwide leader in display products, offers users comprehensive display solutions for today's business, education and consumer electronics markets. The company's products have won more than 2,000 awards globally from independent publications and organizations. ViewSonic. See the Difference(R)
Headquartered in Walnut, Calif., ViewSonic was founded in 1987 and files public reports under the Securities Exchange Act of 1934. For further information, please contact ViewSonic Corp. at 800.888.8583, 909.444.8888 or visit www.ViewSonic.com.
Forward-looking Statements
Certain statements in this press release including, but not limited to, statements as to ViewSonic's ongoing investments in our strategy in the Americas region and our LCD TV and digital signage technology are forward- looking statements within the meaning of the Private Securities Reform Act of 1995 that are subject to risks and uncertainties that could cause results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, the risk that we will not realize the anticipated benefits of this strategy in the Americas region; trends in the visual display industry; failure of our projector initiatives; slower than anticipated growth of the market for projectors; the impact of competitive products and technological advances; reliance on third party suppliers; market acceptance of new products and technologies. These statements are based on information available to ViewSonic as of the date hereof; and actual results could differ materially from those stated or implied, due to risks and uncertainties. Forward-looking statements include statements regarding ViewSonic's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. ViewSonic assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
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