VIZIO Accelerates Performance Products and Technologies in Q1 2010

28 05 2010

Friday, May 28, 2010

-  VIZIO TruLED and Razor LEDs are up 85% over Q’4 2009 as they offered the #1 Best Selling LED LCD HDTV model in the U.S.

- VIZIO 50”+ size televisions sales are up 225% over 2009

- VIZIO high performance 1080p HDTV sales now represent 58% of the brands sales – up from 42% in Q’1 2009

- VIZIO premium XVT line up with 120/240Hz SPS technology HDTVs show a 250% increase from sales rates in Q’4 2009

- VIZIO Internet Apps (VIA) Connected HDTV Platform proves popular with early adopters with an impressive 70%+ connect rate

- VIZIO outpaces the industry with an average selling price growth of 27% for the quarter

-VIZIO places 2 TVs in Top 3 Best Sellers and the #1 leading LED LCD HDTV

Irvine, CA – May 28, 2010 — VIZIO, America’s LCD HDTV Company, headquartered in Irvine, California announced today that many of its newest high performance products and technologies found greater success in Q’1 2010, reflected in significant average selling price improvements. Notable among these are the growth in LED and large screen (50”+) HDTVs that resulted in an average selling price that grew 27% for the quarter. VIZIO, which sold 1.066 million LCD HDTVs in the U.S. for the quarter, attributes much of its success to a 225% increase YoY in 50”+ size HDTVs, Full HD 1080p sales that represented over half of all TV sales, and a fast refresh rate 120+Hz SPS XVT Series that saw a 250% increase over Q’4 2009.

“Coming off a spectacular 2009, we see continued improvement and acceleration in our premium TV products. Americans continue to have a strong appetite for high performance TV products and are looking more and more to VIZIO for these latest technologies,” stated Laynie Newsome, VIZIO Co-Founder and Chief Sales Officer. “We continue to remain focused on exceeding our customers’ expectations with exciting and innovative new products like VIZIO Internet Apps, Connected Blu-ray DVD Players, AV optimized wireless Internet routers and other Internet apps enabled entertainment systems.  We are expanding our high definition home theater sound collection, while launching 3D enabled LCD HDTVs, High Definition Personal Home Theater headphones, and razor thin LED LCD portable HDTVs.”

iSuppli U.S. TV Market Tracker – Preliminary Results

2009 Rank* Brand Unit Shipments (000’s)
1 Samsung 1,149 17.6%
2 VIZIO 1,066 16.3%
3 Sony 722 11.1%
4 Sanyo 513 7.9%
5 LG Electronics 500 7.7%
6 Toshiba 449 6.9%
Others 2,126 32.6%
Total 6,526 100.0%

*Source – iSuppli Corporation Q1 2010 U.S. TV Market Tracker Preliminary Results, thousands of units.

www.vizio.com

www.dakotapcwarehouse.com

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