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InfoSonics moving to the Nasdaq

InfoSonics Corp. (AMEX: IFO, News) announced Thursday Nasdaq has approved its application for listing on the exchange. After closing down 27 cents at $6.69, the company's shares jumped 32 cents to $7.01 in after-hours activity.

InfoSonics said it expects to begin trading on the Nasdaq Global Market under the new ticker symbol "IFON", effective at market opening on August 3, 2006. Until that time, InfoSonics' stock will continue to trade on the American Stock Exchange under the symbol "IFO."

"We are extremely pleased that our listing application has been approved," Joseph Ram, president and CEO, said.

According to Ram a Nasdaq listing is a significant milestone for his firm and highlights InfoSonics' commitment to enhance shareholder value. In addition, Ram said, trading on NASDAQ should help increase the liquidity of the stock.

Snapshot: Infosonics Corp.

5880 Pacific Center Boulevard

San Diego, CA 92121

Phone: 858-373-1600

Web Site: http://www.infosonics.com

Business Summary

Infosonics Corporation distributes wireless handsets and accessories in the United States and Latin America.

Executive, Position(s)

Joseph Ram: Chairman, Chief Exec. Officer and Pres

Jeffrey A. Klausner: Chief Financial Officer

Abraham G. Rosler: Exec. VP, Sec.

Joseph C. Murgo: VP of North America Sales & Marketing


Publicly traded on the American Stock Exchange under the symbol IFO

Market Cap (July 20, 2006): 90.53M

Stock Price History

52-Week Change: 390.14%

S&P500 52-Week Change: 1.99%

52-Week High (05-Jun-06): 17.31

52-Week Low (25-Jul-05): 1.39

50-Day Moving Average: 8.56

200-Day Moving Average: 7.37

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