SANTA CLARA, Calif., May 16 /PRNewswire-FirstCall/ -- Joytoto Technologies, Inc., a wholly owned subsidiary of Joytoto USA, Inc. (BULLETIN BOARD: JYTO.OB) announced today that it has successfully received, completed, and shipped its first purchase order from one of the largest big-box retailers in the United States. The consumer electronics retailer, also known as an electronics superstore, operates more than 800 stores in the US, Canada, and China. The initial purchase order was for more than 15,000 MP3 players, and represented more than $730,000 in revenue for Joytoto in the month of April.
Because of the timely and successful completion of its initial purchase order, Joytoto expects to continue to receive orders from this current client, as well as other big-box retailers. The company believes that its virtual, OEM business model gives it a competitive advantage regarding price, timeliness, and scalability of production. The completion of this order is significant as it represents the company's commitment to developing its business in the United States, an effort which began during the latter part of 2007. It also demonstrates the company's capability of completing its purchase orders and delivering its products on a timely basis.
Joytoto received the purchase order after completing an extensive vendor approval process with a subsidiary of one of the largest business outsource processing and supply chain solutions companies, which handles purchase orders for some of the largest corporations in the world, as well as numerous big-box retailers, outlets, electronics superstores, and other corporations, as part of its global turnkey solutions business.
Joytoto has developed various models of its MP3 players with different features, capabilities, and price-points. Some of the more sophisticated features include 8GB of internal flash storage, built-in Bluetooth wireless, high-speed USB 2.0 interface, and compatibility with both PC and Mac computers. The devices are capable of handling MP3, OGG, JPEG, WMV, and MPEG-4 files (both audio and video). To view the suite of MP3 players developed by Joytoto Technologies, Inc., consumers can go to http://www.joytotousa.com/digital_multimedia/mp3.jump
About:
Joytoto USA, Inc. (BULLETIN BOARD: JYTO.OB) The company's two business segments are electronic products and components, and online games. The electronic products and components business is that of a virtual, original equipment manufacturer (OEM) and original design manufacturer (ODM) of consumer electronics for retailers throughout the world. Joytoto USA's online game business segment operates online games in North America pursuant to an Exclusive North American Master License Agreement with Joyon Entertainment Co., Ltd. ("Joyon Korea"). The Master License Agreement gives Joytoto USA's wholly-owned subsidiary access to Joyon Korea's library of successful online games currently operating in the Asian markets which have generated more than $100,000,000 in the Asian markets.
