SOYO Group Chooses Qiao Xing Universal Telephone To Partner in New VoIP Phone Initiative ONTARIO, Calif., Nov. 18 /Xinhua-PRNewswire/ -- SOYO Group, Inc. (OTC:SOYO) (BULLETIN BOARD: SOYO) , a leading provider of computer motherboards, computer peripheral devices, and consumer electronics, today announced its newly formed strategic partnership with Qiao Xing Universal Telephone, Inc. (NASDAQ:XING), one of China's leading telecommunications companies. Qiao Xing will supply SOYO's Voice Over IP (VoIP) phone, with an initial order of 5,000 sets to be delivered for the coming holiday sales season. Mr. Ming Chok, CEO of SOYO Group said, 'Qiao Xing is one of China's largest telecommunications companies with the scale and capacity to handle all of our current and future product and market needs. The VoIP market, according to Juniper Research, has been forecasted to exceed US$32 billion by 2009. This represents approximately 12% of entire telephony market. We intend to leverage our existing distribution channel as well as our unique product offering to expand into this fast growing market.' In a recent announcement, SOYO Group introduced its Z-Connect Voice over IP Telephone and Router. Each delivers VoIP capabilities with zero set-up fees, zero monthly fees, zero service contracts, zero software configurations, and zero hidden charges. Mr. Wu Ruilin, Chairman of Qiao Xing Universal said, 'We were honored when such a well known international brand such as SOYO approached us with the Z-Connect concept. We have a vested interest in seeing SOYO meet every objective with this product offering. As a part of our recently announced VoIP initiative we are very excited to partner with SOYO and their expansion into VoIP market in U.S.' About SOYO Group, Inc. SOYO Group, Inc. (OTC:SOYO) (BULLETIN BOARD: SOYO) is a leading global provider of computer, consumer electronics, networking and broadband telecommunications products and services that meet the needs of all markets -- from the end-user to the enterprise. Headquartered in Ontario, Calif., with sales offices in Sao Palo, Brazil, SOYO Group sells its products through an extensive network of authorized distributors, resellers, system integrators, VARs, retailers, mail-order catalogs and e-tailers. For more information about the company and its products, please call (909) 292-2500 or visit our Web site at http://www.soyousa.com/ . Safe Harbor Act Notice: This information contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. Third party statements contained herein and information contained on any third party website are not endorsed by or adopted by SOYO, nor has their accuracy been verified by SOYO. For more information, please contact: Corporate Communications SOYO Group, Inc. Ms. Pat Harriman Director of Marketing Tel: +1-909-292-2543 Email: Technical Media Relations SierraTech Public Relations Mr. Len Fernandes Tel: +1-530-832-1613 Investor Relations First Global Media Mr. John D. Roskelley President Tel: +1-480-902-3110 Email: DATASOURCE: SOYO Group, Inc. CONTACT: Ms. Pat Harriman of SOYO Group, Inc., +1-909-292-2543 or ; Mr. Len Fernandes of SierraTech Public Relations, +1-530-832-1613 for SOYO Group, Inc.; Mr. John D. Roskelley of First Global Media, +1-480-902-3110, or for SOYO Group, Inc. Web Site: http://www.soyousa.com/

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