MIAMI, April 2, 2018 /PRNewswire/ -- InfoSonics
Corporation ("InfoSonics" or the "Company") (NASDAQ: IFON), which
closed its merger with Cooltech Holding Corp. on March 12, 2018, announced the recent opening of
its newest OneClick store located in the El Solar Shopping district
in Buenos Aires, Argentina.
This represents OneClick's sixth store in the country, and the
Company plans to open seven more new stores in the coming year in
different cities across Argentina.
The Company's OneClick stores offer not only the latest Apple
products and approved accessories, but they also offer hardware and
software technical service centers where customers can take their
Apple equipment for repair and maintenance.
"We are very happy to bring the best products and services from
Apple to more and more people in Argentina," said Mariano Turinetto, OneClick
Manager in Argentina. "OneClick
currently employs more than sixty people in its six stores in the
country, and it is anticipated that we will more than double that
number by the end of the year."
The Company's stores are located in Alto Rosario Shopping
(Rosario), Rosario Centro (Rosario),
Cordoba Shopping (Cordoba),
Palermo Soho (Buenos Aires), DOT
Shopping (Buenos Aires) and El
Solar (Buenos Aires).
Following the merger with Cooltech, InfoSonics is now focused
on, among other things, becoming the largest authorized reseller of
Apple products and services in the Americas. In addition, it
plans to extend the reach of its distribution business by
leveraging its relationships with suppliers of other recognizable
brands of accessories and audio, consumer electronics and computing
devices.
About InfoSonics Corporation
InfoSonics is a Miami-based
company comprised of OneClick, a chain of retail stores and an
authorized reseller under the Apple Premier Partner, APR (Apple
Premium Reseller) and AAR MB (Apple Authorized Reseller Mono-Brand)
programs; Icon Networks, an authorized distributor to the OneClick
stores and other resellers of Apple products and other high-profile
consumer electronic brands; and verykool®, a brand of
wireless handsets, tablets and related products the Company sells
to carriers, distributors and retailers in Latin
America. Additional information can be found on its websites
at www.infosonics.com, www.cooltech.co/site/, www.oneclickstore.com
and www.verykool.net.
Forward-looking and cautionary
statements
Forward-looking statements in this press release
and all other statements that are not historical facts are made
under the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These statements, including those
related to expansion of our stores and workforce in Argentina, involve factors, risks, and
uncertainties that may cause actual results in future periods to
differ materially from such statements. There are a number of
factors that could cause actual events to differ materially from
those indicated by such forward-looking statements, including
actions by third parties, such as Apple. These factors include, but
are not limited to, risks arising from prevailing market conditions
and the impact of general economic industry or political conditions
in the United States or globally.
A list and description of these and other risk factors can be found
in the Company's most recent Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q, and Current Reports on Form 8-K, as well as
the prospectus supplement to the Proxy/Registration Statement on
Form S-4/A, filed with the Securities and Exchange Commission on
February 12, 2018, which can be
reviewed at www.sec.gov. These forward-looking statements
speak only as of the date of this release and we undertake no
obligation to publicly update any forward-looking statements to
reflect new information, events or circumstances after the date of
this release.
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SOURCE InfoSonics Corporation