HPNN initial order $720k nice news
Hop-on's New Line of 450MHz CDMA Phones Already Boosting Earnings in the Latin American Market
Hop-on's Two New Styles of 450MHz CDMA Phones, the 1912 and the 1913 with Roaming Capabilities Have Already Generated a 10,000 Piece Purchase Order from Latin American Technology Company, GCS Solutions
Oct 26, 2007 10:37:00 AM
Copyright Business Wire 2007
IRVINE, Calif.--(BUSINESS WIRE)--
Hop-on, Inc., a leading developer and marketer of wireless phones and accessories, and one of only three American manufacturers of CDMA phones, announced today that it has already received a 10,000 phone purchase order of their two newest products, the 450 MHz CDMA cell phone models 1912 and 1913. Hop-on sold initially on its first order 10,000 of their 1912 and 1913 models for $72 each to the distributor, who will put up an irrevocable letter of credit to pay for the purchase of Hop-on's new innovative phones.
The 1912 and 1913 models feature internal antennas and a sleek, light-weight design. Both models have full-color screens, while the 1913 utilizes a higher-resolution screen for sharper images. Either handset is the perfect choice in low-end phones for consumers and carriers in Latin America and other emerging markets, who tend to favor enhanced American standard products over cheaper versions from Asia.
"We have been working with the distributor for many years, they will be helpful in assisting in logistics of distribution, local currency and regulatory issues" says Hop-on's President, Peter Michaels. We are thrilled that they are representing Hop-on to introduce our 1912 and 1913 to this particular market."
AI
