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Nyxio(R) Technologies Partners With The Moscoe Group to Expand Retail Distribution Strategy of Consumer Electronics Devices(February 06, 2012)
PORTLAND, OR -- (Marketwire) -- 02/06/12 -- 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 retained the services of The Moscoe Group (www.moscoe.com) in order to broaden the national distribution of its retail products to consumers.
The agreement with The Moscoe Group will bring sales and channel marketing efforts focused on Target Corporation and Best Buy Co., Inc., both established U.S. brands with a national presence and nationwide retail networks. The Moscoe Group was founded in 1956 and is one of the country's largest and most highly acclaimed sales organizations.
"We're aggressively taking our products to market through established retail outlets to get in front of consumers at the point of sale," said Giorgio Johnson, founder and CEO of Nyxio. "Until now, we have primarily offered our products online and now anticipate bringing our consumer electronics devices directly to local retail outlets where people can touch, feel and experience our technology in action."
With the introduction of numerous innovative products, including the launch of the first ever TV with built-in Android OS at the International Consumer Electronics Show (CES) in Las Vegas earlier this month, 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.
By partnering with The Moscoe Group, Nyxio aims to offer consumers an in-store, personal experience with Nyxio products. National retailers such as Target and Best Buy can deliver the locations, professional marketing and merchandising services that could provide Nyxio an important 'bricks and mortar' retail space where consumers can properly enjoy testing Nyxio's innovative products for themselves, thereby accelerating the purchasing decision.
Nyxio is an electronic device manufacturer that creates interactive entertainment products such as Smart TVs -- combining full personal computer functionality, familiar television display and high speed internet connectivity. The company is known for its high-tech products that offer distinctive features such as touch screen controls, built-in Bluetooth capabilities, wireless and video features combined into practical and inventive packages.
According to research firm In-Stat, more than 60 percent of connected TV households use a TV app at least once per week and shipments of connected TVs with integrated internet applications will grow by an average 36 percent through 2016.
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 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; 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.
Notice Regarding Forward-Looking Statements
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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