SOURCE: Nyxio Technologies Corporation
PORTLAND, OR--(Marketwire - Jul 12, 2012) - Nyxio Technologies Corporation (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 entered into negotiations with Shenzhen Wuchuangxing Electronic Technology Co., Ltd. to distribute the Nyxio Technologies line of smart products throughout the Asian region as well as select European markets. Fresh off a recent distribution agreement in the Middle East, international opportunities continue to fuel Nyxio Technologies growth.
Based on figures released by Beijing-based CCID Consulting, sales of smart TVs in China are expected to reach 8.6 million sets this year, and hit 25 million in 2014, accounting for between a 50% and 60% share of the LCD TV market. The growth of smart TVs has overtaken 3D TVs, and the market will be matured in 2014. The Nyxio VioSphere smart TV takes smart TV to the next level with a fully integrated Windows 7 based PC built into an HDTV from 26" - 65" models. Unlike all other smart TVs marketed today, the VioSphere does not limit the end user to browser only features. Full computing capabilities are available while simultaneously watching HDTV via split screen technology being offered by Nyxio.
"With China's continued growth in the connected TV market, the distribution deal with Wuchuangxing is an excellent opportunity for Nyxio to capitalize on a market showing tremendous interest in products that Nyxio is known for," said Giorgio Johnson, CEO and Founder of Nyxio. "The Asian market has always been known to embrace new technologies in the consumer space. Our smart TVs and other integrated products should capture a large percentage of market share based on their increased capabilities when compared head to head with the competition. Wuchuangxing's experience distributing products will give us an immediate edge introducing Nyxio across Asia. We are targeting between 30 and 45 days to finalize all details of our pending agreement."
About Nyxio Technologies (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™, the first integrated flat screen Smart TV and full PC. Other products introduced include the OMEGA Tablet PC line -- the Classic, Premier and Ultimate, as well as the Realm, an all-in-one PC/TV; the RealmPro, digital signage platform 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: www.nyxio.com.
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