verykool® i250 Named Best Cell Phone at the 10th Annual PC World Latin America Awards 2008

Business Wire, Oct 3, 2008

SAN DIEGO -- InfoSonics Corporation (NASDAQ:IFON), one of the premier providers and distributors of wireless handsets and accessories serving Latin America today announced that its verykool([R]) i250 handset won the star award in the Best Cell Phone Category during PC World's Latin America Awards presentation held in Miami on September 25, 2008.

The annual PC World Latin America Awards is the most respected awards ceremony in the Latin IT industry, recognizing the best IT and consumer electronics products and solutions available in the region. This award is presented by PC World Magazine, the most trustworthy and experienced IT magazine serving the information needs of the region's small to mid-sized business community as well as consumers who are in search of the best industry products and services available in Latin America.

The verykool([R]) i250 has an attractive and functional design, complemented by superb image quality which is attributable to the integrated 2 Megapixel photo and video camera, which becomes a web cam by simply connecting it to a personal computer. The i250 offers external memory (microSD) to allow users to transport personal files and music easily, delivering stereo sound quality.

"This award demonstrates our success in developing feature rich and innovative products at attractive price points for our target markets," said Joseph Ram, President and Chief Executive Officer of InfoSonics. "As a proprietary offering for InfoSonics, the verykool[R] i250 has generated positive initial feedback from our carrier customers, and should help to solidify our potential as a 'rising star' in a very competitive marketplace."

About InfoSonics Corporation

InfoSonics is one of the premier providers and distributors of wireless handsets and accessories serving Latin America. For the wireless telecommunications industry, InfoSonics provides flexible and cost effective solutions, including product assembly, purchasing, marketing, selling, warehousing, order assembly, programming, packing, shipping, and delivery. InfoSonics supports manufacturers in moving their products to agents, resellers, distributors, independent dealers, retailers and wireless network operators in Latin America. For additional information, please visit www.infosonics.com.

About PC World Latin America

PC World Latin America, a media group of IDG, is the leading source of information services regarding information technology (IT) in Latin America. PC World Latin America's online website can be located at www.pcworldenespanol.com.

Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995

The matters in this press release that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements about future revenues, sales levels, operating income and margins, wireless handset sales, stock-based compensation expense, gain (loss) in value of derivatives, cost synergies, operating efficiencies, profitability, market share, and rates of return, are based on current management expectations that involve certain risks and uncertainties. These risks and uncertainties, in whole or in part, could cause such expectations to fail to be achieved and have a material adverse effect on InfoSonics' business, financial condition and results of operations, including, without limitation: (1) intense competition, regionally and internationally, including competition from alternative business models, such as manufacturer-to-carrier sales, which may lead to reduced prices, lower sales or reduced sales growth, lower gross margins, extended payment terms with customers, increased capital investment and interest costs, bad debt risks and product supply shortages; (2) inability to secure adequate supply of competitive products on a timely basis and on commercially reasonable terms; (3) foreign exchange rate fluctuations, devaluation of a foreign currency, adverse governmental controls or actions, political or economic instability, or disruption of a foreign market, and other related risks of our international operations; (4) the ability to attract new sources of profitable business from expansion of products or services or risks associated with entry into new markets, including geographies, products and services; (5) an interruption or failure of our information systems or subversion of access or other system controls may result in a significant loss of business, assets, or competitive information; (6) significant changes in supplier terms and relationships; (7) termination of a supply or services agreement with a major supplier or product supply shortages; (8) continued consolidation in the wireless handset carrier market; (9) extended general economic downturn; (10) loss of business from one or more significant customers; (11) customer and geographical accounts receivable concentration risk; (12) rapid product improvement and technological change resulting in inventory obsolescence; (13) future terrorist or military actions; (14) the loss of a key executive officer or other key employees; (15) changes in consumer demand for multimedia wireless handset products and features; (16) our failure to adequately adapt to industry changes and to manage potential growth and/or contractions; (17) seasonal buying patterns; (18) dependency on Latin American sales; (19) uncertain political and economic conditions internationally; (20) the impact, if any, of changes in EITF 00-19 or SFAS 133 guidance as it relates to warrants and registration rights and SFAS 123R as it relates to stock options; (21) the resolution of any litigation against the company; (22) the ability of the Company to successfully introduce and sell its verykool[R] products and the related inventory risk of such products and (23) the ability of the Company to generate taxable income in future periods in order to utilize and realize any quarterly tax benefits recorded. Our actual results could differ materially from those anticipated in our forward looking statements.