Syntax-Brillian Signs LCD Panel Supply Agreement With Sharp Electronics

[The following is a release from Syntax-Brillian]

January 16, 2008

Syntax-Brillian Corporation, a leading manufacturer and marketer of LCD HDTVs, digital cameras, and microdisplay entertainment products, announced today that it has signed an LCD panel supply agreement with Sharp Electronics Corporation. Under the terms of the agreement, Sharp Electronics guarantees to supply Syntax-Brillian with a minimum of 700,000 LCD panels during 2008 for 32"-type, 37"-type, 52"-type and 65"-type sizes, with the option to purchase additional LCD panels as needed based on market demand. Additionally, the contract provides the exclusive right to Syntax-Brillian and Taiwan Kolin Co., Ltd. to purchase the 65" 120Hz LCD panel through September 2008. "We are pleased to have reached this agreement with Sharp and to be recognized as one of their technology partners within the LCD TV industry," stated James Li, Syntax-Brillian's CEO, "We believe that the 65"120Hz LCD panel is the most technologically advanced panel produced by Sharp and we are proud to offer our channel partners and customers the largest, mass produced LCD TV currently available. As we approach the 2008 Summer Olympics, this strategic alliance enables us to provide consumers with the best selection of high performance LCD TVs. Finally, this agreement strengthens our pipeline of LCD panel supply as we prepare for continued growth in 2008."

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