IFO Citigroup Inc. Spx Lasers

InfoSonics Corporation (AMEX:IFO), one of the fastest growing distributors of wireless handsets in the United States and Latin America, today announced that it has sent a formal demand letter to the Berlin-Bremen Stock Exchange (the "BBSE") requesting that the BBSE delist the Corporation's common stock. InfoSonics has never applied for a listing on the BBSE, nor did it authorize the listing of its shares on the BBSE, and has no intention of doing so. Furthermore, InfoSonics did not authorize or direct any German broker to act as a market maker for the Corporation's common stock. InfoSonics is working with its attorneys to have its common stock delisted from the BBSE and address any impact the unauthorized listing had on its stock. InfoSonics will investigate the available remedies within applicable securities laws. Commenting on the delisting, Chief Financial Officer, Jeffrey Klausner said, "We have worked hard to build InfoSonics to our current levels of success and are working diligently to have the Berlin Exchange remove the unauthorized listing of our shares." About InfoSonics Corporation InfoSonics is one of the fastest growing distributors of wireless handsets and accessories in the United States and Latin America. InfoSonics provides end-to-end handset and wireless terminal solutions for network operators in both the United States and Latin America. These solutions include product approval and certification, light assembly, logistics services, marketing campaigns, warranty services and end user support. For more information please visit http://www.infosonics.com. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Some of these uncertainties and risks include, but are not limited to, the demand for our products, our ability to obtain our products from our suppliers when and in the quantity requested, our ability to maintain commercially feasible margins given significant competition, and other factors. In addition, references to past operating results should not be considered to be indicative of future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. InfoSonics undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks described in other documents that InfoSonics files from time to time with the Securities and Exchange Commission ("SEC"), including our Form 10-K for the year ended December 31, 2004 and our Forms 10-Q for the quarter ended September 30, 2005 and prior periods.