Syntax-Brillian Announces Additional Details for Common Stock Offering

Business Wire, May 14, 2007

TEMPE, Ariz. -- Syntax-Brillian Corporation (Nasdaq:BRLC) announced today that it has filed a preliminary prospectus supplement to its effective shelf registration statement previously filed with the Securities and Exchange Commission relating to a proposed underwritten public offering of 25,608,695 shares of its common stock, consisting of 23,000,000 shares to be issued by the company and 2,608,695 shares to be sold by certain of its stockholders. In connection with the offering, Syntax-Brillian and the selling stockholders also plan to grant the underwriters an option to purchase up to an aggregate of 3,841,305 additional shares of common stock.

Merrill Lynch & Co. will be the sole book-running manager for the offering. UBS Investment Bank will be co-lead manager. Robert W. Baird & Co., Canaccord Adams, and Brean Murray, Carret & Co. will serve as co-managers.

Net proceeds to Syntax-Brillian are intended to be used to finance the working capital needs associated with continued expansion of its business, to repay $20.0 million of outstanding indebtedness, and for other general corporate purposes.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer or sale of any securities in any state or jurisdiction in which the offer, solicitation, or sale of securities would be unlawful. Any offers, solicitations of offers to buy, or sales of securities will only be made pursuant to the registration statement filed with and declared effective by the SEC, including the prospectus and related prospectus supplement.

Copies of the base prospectus together with the preliminary prospectus supplement are available from the company at 1600 N. Desert Drive, Tempe, Arizona 85281, and from Merrill Lynch & Co., Four World Financial Center, 250 Vesey Street, New York, New York 10080.

About Syntax-Brillian Corporation

Syntax-Brillian is one of the world's leading manufacturers and marketers of LCD and LCoS[TM] HDTVs and digital entertainment products. The company's lead products include its Olevia brand of widescreen HDTV-ready LCD TVs -- one of the fastest growing global TV brands -- and its next-generation Gen II LCoS[TM] 1080p rear-projection HDTVs for the high-end video/audio market. Syntax-Brillian's global supply chain, Asian operations, and North American sales channels position the company as a market leader in consumer and high-end HDTV and digital entertainment products.

Brillian, Vivitar, and LCoS are trademarks or registered trademarks of Syntax-Brillian Corporation. All other trademarks are the property of their respective owners.

Certain statements contained in this press release may be deemed to be forward-looking statements under federal securities laws, and Syntax-Brillian intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements include, but are not limited to, statements regarding the proposed public offering, the anticipated use of proceeds of the offering, and the expectations regarding the size of the offering. Syntax-Brillian cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include (a) changes in prices of the Company's common stock; (b) changes in the market for the Company's products; (c) the failure of the Company's products to deliver commercially acceptable performance; (d) the ability of the Company's management, individually or collectively, to guide the Company in a successful manner; (e) changes in the financial markets and investor sentiment; and (f) other risks as detailed in Syntax-Brillian's Annual Report on Form 10-K/A for the fiscal year ended June 30, 2006 and subsequent filings with the Securities and Exchange Commission.