NEW YORK, NY - August 2, 2011 (Investorideas.com Tech stocks newswire) - In a report issued earlier this year, MarketResearch.com has estimated that the Consumer Electronics Industry will grow to over $289 billion by 2014. This figure represents an increase of over 14% from 2009. The market will primarily be driven by audio/visual equipment and gaming consoles for domestic use. (http://finance.yahoo.com/news/Consumer-Electronics-Market-iw-2491888061.html?x=0&.v=1)
Celia Bo, an industry analyst for ABI Research mentions the increased demand for Wi-Fi enabled consumer devices are set for strong growth in the coming years (www.sys-con.com/node/1689365). Companies that will be best suited to take advantage are those with a wide array of Wi-Fi enabled devices on the market already. Panasonic Corp (NYSE: PC), Nokia Corp (NYSE: NOK), Motorola Mobility Holdings (NYSE: MMI) and new comers like Nyxio Technologies (Pinksheets: OTCBB: NYXO.PK).
Nyxio Technologies offers consumers a multitude of devices with built in Wi-Fi connectivity including the company's flagship product, the Viosphere Smart TV -- the world's only integrated flat-screen TV and PC. For more information, please visit their website at www.nyxiotechnologies.com
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About Nyxio Technologies Corporation (OTCBB: NYXO)
Nyxio is fast becoming a leading-edge driver and developer of technology for the consumer electronics industry. Featuring the VioSphere flat screen TV with integrated PC, Nyxio is dedicated to bringing revolutionary designs to market including tablet PCs, All-in-One PCs, Smart TVs, and groundbreaking concepts like the Venture "Mobile Media Viewer" ("VMMV"). The Company's development process identifies technological deficiencies within the consumer electronics market and aims to develop product offerings that provide creative solutions aimed at improving operating efficiencies and to reduce the overall environmental footprint of end users. For more information visit: www.nyxiotechnologies.com.
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