FOR INVESTORS
Sorell, Inc. (OTCBB: SLLI): from its inception as a divestiture of Korean electronics giant Samsung in October of 1998, the company has grown steadily and rapidly, and is now positioned to become a leader in the development and manufacture of mobile electronic devices.
With an experienced management team, an impressive suite of innovative integrated mobile electronic products, and substantial production capabilities, Sorell is committed to continued growth. With revenues from contract manufacturing as a foundation, Sorell is actively growing brand awareness for its own line of unique electronic products.
Market opportunity and investment highlights:
- Exciting Array of Products: From its start as an Electronic Manufacturing Service (EMS) contract manufacturer building camcorders for Samsung, the company has since expanded its capabilities by designing and manufacturing its own line of products. Already Sorell has built a solid foundation by manufacturing multi-function memory-type MP3 players, as well as its PMP series of Portable Multimedia Players, incorporating the functions of a Mobile Movie Player, Digital Camera and Camcorder, MP3 Player, FM Radio and Voice Recorder in a single unit. Finally, Sorell recently introduced its groundbreaking Digital Convergence Advanced Portable Multimedia Player, combining all of the above features with Global Positioning Satellite navigation in a unit with a 2.2 inch high-resolution 260,000 color TFT display, an all-in-one package that is totally unique.
- Strong Performance: Sorell already has an established record as an electronics manufacturer, having manufactured products for such industry names as Audiovox, Creative, Samsung, and others. In 2005, the company tallied impressive revenues of $42.6 million, but has set its sights much higher, intending to become the top portable multimedia maker by the year 2010. Already Sorell is well on its way, with major developments already this year. In just the first month and a half of 2005, Sorell announced two separate contracts of $18 million and $10.9 million respectively, putting them well on their way to achieving their goals.
- Impressive Brain Trust: Stemming from the company!|s origins with the Korean electronics giant Samsung, Sorell, has a research team consisting of many former Samsung researchers. In addition, Sorell's corporate officers have decades of experience in the electronics industry. This experience in both the research and corporate guidance arenas should prove invaluable in negotiating the rapidly changing consumer electronics market.
