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InfoSmart Group, Inc. Secures Initial Test Order for First Run of Newly Installed Blu-ray Production Line HONG KONG--(MARKET WIRE)--Sep 4, 2008 -- InfoSmart Group, Inc. ("InfoSmart" or the
"Company") (OTC BB:IFSG.OB - News), a leading recordable digital
versatile disc
("DVDR") and Blu-ray ("BD") manufacturer in Hong Kong and
Brazil, today
announced it secured an initial order from a leading media
and
entertainment company, Media Asia Distribution, in Hong
Kong. A recorded media supplier of live concerts and films in Asia, Media Asia Distribution has provided InfoSmart with a 2,000 unit test order for a film by two popular Cantonese actors, Andy Lau and Sammi Cheng, and expects to place Blu-ray disk production orders with InfoSmart of 40,000 units by September, 2008. This will be InfoSmart's first order produced on the Company's newly installed Anwell Blu-ray equipment line purchased in March of this year and installed over the May and June timeframe. The Company's initial order represents the first of many sales it is forecasting as the sole supplier of Blu-ray in the estimated annual 6,000,000 (six million) unit BD disk market in Hong Kong and China. The Company estimates monthly demand of BD disks for Hong Kong at 350,000 units and 150,000 units from China. Media Asia Distribution is one of many Hong Kong-based media reproduction companies identified by InfoSmart whose future reproductions are 100% dedicated to the BD format. "This first order is one of many we anticipate will follow," began Parker Seto, CEO of InfoSmart. "As the only Blu-ray producer in Hong Kong and the first in China, we expect to see several future orders as Blu-ray begins to dominate the visual media market," Seto concluded. Initial orders for 'short runs' of a Blu-ray disks are used to confirm the format's high reproduction standards are achieved prior to initiating full production runs. Shortly after random samples for the short run are tested and certified; the order for retail distribution is placed into production. InfoSmart confirmed BD unit sales produce the highest margins of all the media the Company produces, nearly three times that of its traditional CD and DVD product segments. InfoSmart is forecasting BD sales to contribute 10% of third and fourth quarter revenues this year and 20% or more of Asia regional revenues in 2009. About InfoSmart Group, Inc. InfoSmart operates state-of-the-art Blu-ray®, DVDR and storage media production facilities in Hong Kong and DVDR production in Brazil. The Company is one of the largest manufacturers of DVDR discs in Brazil and all of South America and the sole supplier of Anwell produced Blu-ray® disks for Hong Kong and China. In addition to disk sales, InfoSmart also maintains a strategic supply relationship for sales of Abomem flash memory. FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements, as defined in the Securities Reform Act of 1995 (the "Reform Act"). The safe harbor for forward-looking statements provided to companies by the Reform Act does not apply to InfoSmart Group, Inc. (the "Company"). However, actual events or results may differ from the Company's expectations on a negative or positive basis and are subject to a number of known and unknown risks and uncertainties including, but not limited to, competition with larger companies, development of and demand for a new technology, risks associated with a startup company, risks associated with international transactions, general economic conditions, availability of funds for capital expenditure by customers, availability of timely financing, cash flow, timely delivery by suppliers, ability to produce our DVDRs and their components, ability to maintain quality control, collection-related risks from international transactions, or the Company's ability to manage growth. Other risk factors attributable to the Company's business may affect the actual results achieved by the Company including those that are found in the Company's Annual Report on Form 10-K filed with the SEC on April 1, 2008, and subsequent Quarterly Reports on Form 10-Q and subsequent Current Reports filed on Form 8-K that will be included with or prior to the filing of the Company's next Quarterly or Annual Report. Contact: Contact:
Parker Seto
CEO
(852) 249-9909
Source: InfoSmart Group, Inc.
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