Syntax Groups announces its alliance with American TV to offer Midwestern USA retail consumers the high value HDTV-ready Olevia brand of 27-inch and 30-inch LCD TV's, and to strategically broaden the overall visibility of Olevia brand.

City of Industry, CA August 16, 2004 -- Syntax Groups Corporation(tm), a complete vertically-integrated R&D, manufacturing and channel sales company of digital convergence consumer electronics products, today announced its alliance with American TV to offer its retail consumers the high value HDTV-ready Olevia(tm) brand of 27-inch and 30-inch LCD TVs, and to strategically broaden the overall visibility of Olevia brand.

American TV, a leading "brick and mortar" retail store serving consumers in 11 Midwestern locations, selected the Syntax Olevia 27-inch and 30-inch models because of Olevia's unique, richly-appointed PC-like features at cost-effective prices. The Syntax Olevia 27-inch and 30-inch LCD TVs provide best of breed features including dual TV tuners, VGA and TV split screens, DVI inputs with HDCP, ultra-thin flat panel LCD screens, high contrast ratios, fast refresh rates and response times, and 14-16 rows of transistors for bright displays. With true split screen capability, consumers can connect the Olevia LCD TV to a PC for watching TV or movies on one half of the display while checking e-mail or surfing the Internet on the opposite side.

"American TV is a significant addition to our consumer electronics channel partners, and presents an ideal platform for us to offer our family of robustly featured, yet very affordable LCD TVs to a wide variety of consumers in the Midwestern USA," said Denis Karpeles, Senior Vice President of Sales & Marketing, Syntax Groups Corporation. "We are honored to establish a long term alliance with American TV as we rapidly build our Olevia product brand."

"The Olevia brand embodies not only the most important qualities for a rich TV viewing experience, plus the technically unique capabilities that allow consumers to extend the usefulness and functionality of their purchase beyond the TV," said Joe Mattioli, Vice President of the American TV's Video Division.