SOYO® Group Inc. Announces the Finalization of a License Agreement with the GoVideo Brand

Business Wire, April 5, 2006

ONTARIO, Calif. -- SOYO(R) Group Inc. (OTCBB:SOYO), a leading global provider of computer, consumer electronics and broadband telecommunications products, today announced that it has signed a two-year agreement with Opta Corporation for the use of the GoVideo(R) brand for distribution of SOYO LCD and Plasma TV, Computer Monitors and rear and front screen projectors in the United States and Canada. Under the agreement SOYO also has the right to sell certain GoVideo video components such as DVD/VCR dual-decks, Home Entertainment Systems, Digital Cameras and more when bundled with one of its GoVideo LCD and Plasma TVs, Monitors.

Ming Chok, CEO & President for SOYO, commented, "We are excited to be associated with such a well-known brand as GoVideo, an industry leader known for its high-quality line of innovative dual-deck DVD VCR, DVD players and recorders. The initial response to our new line of GoVideo branded televisions has been very positive. We will continue to provide our retail partners and consumers with 'The GoVideo Experience' of Innovation, Simplicity, Value and Support." Ming said in closing, "As an emerging force in the Large Entertainment Screen market, SOYO has joined two terrific branded lines together to further penetrate this very large entertainment market with SOYO and GoVideo products."

Under the terms of the agreement SOYO Group Inc. will utilize the GoVideo Brand to sell into customer distribution channels not currently available to SOYO. The GoVideo brand will benefit from SOYO's award-winning consumer electronics products such as LCD and computer peripherals, our communications infrastructure, our state-of-the-art distribution facilities, and SOYO's proven product sourcing and development capability in Asia.

About Opta Corporation

Opta Corporation licenses a network of established and widely recognized brand names to companies in the U.S. and Canadian consumer electronics marketplace. Opta's portfolio of brands include GoVideo(R), CineVision(R), Sensory Science(R), Rave-MP(R), Rave(R), GOJr.(R), and California Audio Labs(R). For additional information on licensing, please contact Opta at 480-998-3400.

About SOYO Group

SOYO(R) Group Inc. is a leading global provider of computer, consumer electronics, and broadband telecommunications products and services. Headquartered in Ontario, Calif., with sales offices in South America, SOYO Group sells its products through an extensive network of authorized distributors, resellers, system integrators, VARs, retailers, mail-order catalogs and e-tailers, including Walmart.com, eCost.com, Fry's, PC Mall, SHOP-at-HOME and Office Depot Canada, among others. For more information about the company and its products, please call 909-292-2500 or visit our Web site at http://www.soyogroup.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 Web site are not endorsed by or adopted by SOYO, nor has their accuracy been verified by SOYO.