Friday, June 01, 2007 3:21:59 PM
Friday June 1, 3:15 pm ET
Etisalat Will Market Skye-phone(TM) in Middle East
IRVINE, CA--(MARKET WIRE)--Jun 1, 2007 -- HOP-ON, INC. (Other OTC:HPNN.PK - News) announced today the first carrier deployment of its Skye-phone(TM) product to Dubai's national telephone carrier Etisalat. The distribution approval, received last Monday, completes the first phase of Skye-phones' Global Peer Program (GPP).
Speaking at an Industry event in Internet city (IC), Dubai Mr. Mohamed Salem, chief manager of new product development, stated, "The Skye-phone service will enable Etisalat to exploit a previously underserved and untapped market in the region. The first deployment of service is expected in 3Q of this year in Dubai."
Skye-phone's unlimited market potential stems from integrated "peer-to-peer" VOIP and gaming communication offering full security. These unique features enable units to communicate free of cost and extra-territorially to global locations. Last month, HOP-ON's subsidiary, MobileGaming.eu, secured GBM as a market partner and negotiations continue pending INPI approval. Skye-phone's "peer-to-peer gaming" utility patent is expected to be approved this quarter as the company seeks development financing in foreign gaming markets. Dominique Triche, attorney with Chekhov and Legros in France, filed the patent application on behalf of the Company. Triche is certain the final approval will be presented to the public in the next few days, stating, "The patent is in process with the appropriate government agencies as required by guidelines. I can only remark the time of disclosure to commensurate with time requirements in Industrial Property application procedure." The patent application, filed in 2005, was recently acquired by MobileGaming.eu and will be securing financing to promote GPP in EU and Middle Eastern markets.
Peter Michaels, President of HOP-ON stated, "I am certain to face legal challenges in the U.S. for production of Skye-phone. The decision for immediate entry in global arenas where infrastructures require IP exclusivity for market security has allowed us to move forward with industry leaders and respected partners. Etisalat offered our company an opportunity to expand with Mobile-Gaming.eu. I am looking forward to our patent approval and the financing completion before the board meeting in July."
The next shareholder meeting, announced by private letter to all shareholders in both regions will include the financial investors of MobileGaming.eu. The meeting is scheduled for July 29, 2007, 6:00 p.m., Lafayette Hotel, Paris, France. For more information on updates of the approval, www.european-patent-office.org/epidos/conf/patlib/press/chapard
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