SOYO Inc. to Host 1st Annual Open House

Event to be Held Monday, August 4th, 2008


ONTARIO, Calif., July 23, 2008 (PRIME NEWSWIRE) -- SOYO Inc. (SOYO) (OTCBB:SOYO) announced today that it will host its first Annual Open House from 12:00pm to 2:00pm on Monday, August 4th, following the Company's Annual Meeting of Shareholders. The Open House will be hosted at the Company's facilities in Ontario, California, where investors will have the opportunity to talk with members of the SOYO management team; tour the facility; view and demo the Company's products, including the latest products, which are expected to be available to consumers in August.

"It is our pleasure to open our doors to investors, the local community, and friends of SOYO," commented SOYO Chairman and CEO Ming Chok. "We decided to host an Open House following our Annual Meeting of Shareholders, to provide everyone with a unique opportunity to tour our facilities, speak with members of our management team, and learn about our technology and corporate strategy. We look forward to welcoming visitors on August 4th."

Please RSVP to Ed O'Brien at (909) 292-2500, or e-mail: edwardo@soyo.com

About SOYO Inc.

SOYO, Inc. is a global provider of Computer, Consumer Electronics, and Home Theater Furniture products and services. SOYO sells it products under the following brand names: SOYO www.soyo.com, Honeywell www.honeywellce.com, Prive www.privedisplays.com, Le Vello www.levellofurniture.com and Dragon. Headquartered in Ontario, Calif., with sales offices in Latin America, SOYO sells its products through an extensive network of authorized retailers, distributors, and ecommerce companies. For more information about the company and its products, please call 909-292-2500 or visit our Web sites.

"Safe Harbor" Statement

This release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. The words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions, are intended to identify forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the availability of components and successful production of the company's products, successful performance of internal plans, the impact of competitive services and pricing, general economic risks and uncertainties, and various other information detailed from time to time in the company's filings with the United States Securities and Exchange Commission. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Please refer to the company's filings at www.sec.gov.


            

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