PORTLAND, OR — (Marketwire) — 07/11/12 — (OTCBB: NYXO) (“Nyxio” or the “Company”), an innovative provider of cutting edge Smart TVs, Tablet PCs and related consumer electronics devices, today announced it has partnered with Sterling Technology Trading FZE (STT) in order to broaden international distribution of its retail products to consumers in the Middle East and Northern Africa.
The agreement with STT will bring sales and channel marketing efforts to the Middle East and beyond. It is estimated the CE market in the region is well over 500 Million USD annually. “Our distribution strategy was initially focused only on domestic sales but the response and requests from around the world could not be ignored,” said Ken Klarfeld, EVP Sales and Marketing for Nyxio. “Well established distribution partners such as STT give Nyxio the ability to supply and support our entire product offering on an international basis.”
STT Founder Dr. Zoubeir Saad, Ph.D. in Engineering from Virginia Polytechnic Institute, has operated in the region for more than 18 years in the Technology and Telecom industries. “We are proud and excited to have Nyxio Technologies as a strategic partner, and are looking forward to bringing new, exciting and unique products to the region,” said Dr.Saad. “The Middle East is a very vibrant region with great and growing potential where end users are early adopters for such technology. People in the Middle East are always looking for new advanced products to apply in their personal and professional lives for a richer experience. With our valued partners and resellers throughout the region, we are looking forward to introducing Nyxio cutting edge products and technology to our treasured customers.”
With the introduction of numerous innovative products, including the launch of the first ever TV with built-in Android OS, Nyxio continues to move at an aggressive pace towards broadening company sales and marketing by anticipating the demand for converged consumer electronics featuring integrated applications and heightened web-based experiences.
Sterling Technology Trading FZE (STT) is a fast growing technology distribution company based in the United Arab Emirates since 2007 and has been operating in the Middle East and North Africa with established presence and a network of partners and resellers. STT specializes in attracting advanced technology products to the region and with its distribution network has been able to achieve a quick market entry in the different markets.
(OTCBB: NYXO)
Founded in 2007, Nyxio® Technologies Corporation (OTCBB: NYXO) designs and markets a line of innovative consumer electronics devices to deliver high-quality, cutting-edge products to consumers and businesses. The company is known for its innovative products that offer distinctive features such as touch screen controls, built-in Bluetooth capabilities, wireless and video features all bundled into practical and inventive packages. The company introduced Vuzion the first Android OS television and the VioSphere an integrated flat screen Smart TV and full PC. Other products currently available include the OMEGA Tablet PC line — the Classic, Premier and Ultimate, as well as the Realm, an all-in-one PC/TV, the Realm Pro, digital signage and B2B solution and the Venture Mobile Media Viewers (MMV), a new class of video eyewear. By consolidating key hardware into more efficient devices, Nyxio not only reduces the overall environmental footprint of end users, but also keeps products reasonably priced. For more information visit: .
This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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