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Syntax-Brillian Corporation Provides Quarter-end Outlook and Updates Calendar-Year Revenue Guidance

TEMPE, Ariz.--(BUSINESS WIRE)--Syntax-Brillian Corporation (Nasdaq:BRLC - News), one of the fastest-growing manufacturers of HDTVs, today provided updated information with respect to its results for the quarter ended June 30, 2007 and updated revenue guidance for the calendar year ending December 31, 2007.

"In our quarterly earnings release on May 10, 2007, we provided revenue guidance for the quarter ended June 30, 2007 of $190 million to $210 million on unit volumes of 240,000 to 270,000 units," said Wayne Pratt, Syntax-Brillian's Executive Vice President and Chief Financial Officer. "While the results of the quarter have not yet been finalized, we believe that revenue for the quarter will be within that range. Additionally, we believe that gross margins will be within or above the top half of the range of 15% to 17% that we had previously forecasted.

"Moreover," said Pratt, "during the quarter ended June 30, 2007, we collected $129.6 million of cash from South China House of Technology, our Asian distributor, and as of June 30, 2007 there were, as expected, no invoices outstanding for more than the stated 120-day terms. Finally, we continue to experience strong demand for our products and have had success penetrating additional retail accounts during the first half of 2007. As a result of this strong demand and the deployment of the proceeds of our public stock offering in May as well as the cash from the accounts receivable collections, we are raising our revenue outlook for the calendar year ending December 31, 2007 from our previous range of $950 million to $1.1 billion to a revised range of $1.1 billion to $1.3 billion."

Syntax-Brillian expects to report its financial results for the quarter and fiscal year ended June 30, 2007 no later than the second week of September.

Link http://biz.yahoo.com/bw/070716/20070716005287.html?.v=1

BRLC Short Interest Increases to 17 million

As of June 12, 2007 , the short interest for Syntax-Brillian stock (BRLC) is 17,009,379 shares which is a 15% increase from the previous month of 14,735,008 shares. With an average daily volume of 3,569,167 shares, Days to Cover is 4.77 days.

Link: http://www.nasdaqtrader.com/asp/short_interest_resp.asp?symbol=brlc&SettlementDate=06%2F15%2F2007&View.x=73&View.y=24

Jim Cramer's Take on Syntax-Brillian (BRLC)

A user asked Jim Cramer on Stockpickr.com

JIM
what is your take on BRLC? i know you hate it
mostly because you don't trust the CEO, but
other than that i looks to be a pretty good
stock to me.

Cramer's repsone was

Right back at you--what do you see that you like?
Commodity business, terrible ceo. nothing here at
all...Go buy GLW

Link: http://www.stockpickr.com/members/view/answers/3534/

TheStreet.com TV Recommends BRLC

TheStreet.com covers Syntax-Brillian in its Should You Buy It? video. They said that while Syntax-Brillian is a volatile stock, the TV-maker still has upside potential. View the video here: TheStreet.com TV Should You Buy It: BRLC

Syntax-Brillian Introduces New 65'' 1080p LCD HDTV at InfoComm Exhibition

Olevia(TM) 665i Features the Silicon Optix Realta Hollywood Quality Video (HQV(TM)) Video Processor

TEMPE, Ariz.--(BUSINESS WIRE)--Syntax-Brillian Corporation (Nasdaq:BRLC - News), an innovator in LCD and LCoS(TM) televisions, announced today that at the InfoComm exhibition in Anaheim, Calif., it is introducing a new 65" 1080p LCD HDTV aimed at the ProAV/home theater market utilizing the state-of-the-art Silicon Optix Realta HQV(TM) video processor. Designated the Olevia(TM) 665i, the product is the company's first offering of an LCD HDTV larger than 50" in North America and is the first large area display to utilize the HQV(TM) processor.

In addition to its advanced Silicon Optix Realta HQV(TM) video processor, the new Olevia(TM) 665i HDTV features:

Full complement of inputs (2 HDMI, 2 Component, Composite and VGA inputs)
Provides RS232 control for use in networked applications or home automation installations
Firmware upgradeable via USB
Olevia(TM) Big Picture Technology(TM) to reduce overscan and enable consumers to enjoy more of the image
Wide viewing angle
Thin bezel design with removable speakers enables the set to adapt to a variety of applications and viewing environments
Optional wall mount for custom installations
MSRP: $9,999

"The Olevia(TM) 665i is an example of Syntax-Brillian's continued success in LCD TV innovation and technology leadership," said Sam Miller, Chief Product Officer, North American LCD TV Division, Syntax-Brillian. "With its state-of-the-art Silicon Optix Realta HQV(TM) video processor, elegant design and full range of features, this commanding 1080p LCD HDTV is ideal for both home theater and commercial applications."

The Olevia(TM) 665i will be on display at the InfoComm exhibition in the Anaheim Convention Center from June 19-21, 2007, in the Starin Marketing booth (#814) - a professional audio/video distributor of Olevia products. It is expected to be available beginning in October 2007 and sold through both professional audio/video distributors and CEDIA/home theater specialty retail channels. Information on authorized Olevia(TM) distributors can be found on the Olevia(TM) Website at www.olevia.com

Link: http://biz.yahoo.com/bw/070619/20070619005558.html?.v=1

Syntax-Brillian to Join the Russell 3000(R) Index

TEMPE, Ariz.--(BUSINESS WIRE)--Syntax-Brillian Corporation (Nasdaq:BRLC - News) is scheduled to join the broad-market Russell 3000® Index when it is reconstituted on June 22, 2007, according to a preliminary list of additions posted on the Russell Investment Group's Web site on June 11, 2007. Final membership in the index will be announced on June 25, 2007.

Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.

"Inclusion in the Russell 3000 Index will be a significant milestone for Syntax-Brillian," said Vincent Sollitto, chairman and chief executive officer. "As one of approximately 275 new additions to the index, we expect that the listing will further broaden our visibility within the investment community and promote greater awareness among retail as well as institutional investors."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. According to Russell, approximately $4 trillion in assets currently are benchmarked to them. Further information on the Russell indexes can be found at http://www.russell.com/.

Link: http://biz.yahoo.com/bw/070618/20070618005212.html?.v=1