news out this morning but just noticed it's pink, have to shift er over to the snakes board
June 2, 2008 - 7:33 AM EDT
SOLI 1.60 0.00
Solei Systems, Inc. Announces Multinational Distribution Agreement and Initial Distributor Order
Solei Systems, Inc. (PINKSHEETS: SOLI) (the "Company") announced today that it had recently signed an agreement with a United Kingdom-based distributor that will provide for the sales of its products across all European countries, as well as Australia and other international markets. Under terms of the distribution agreement, the Company received initial purchase orders exceeding $400,000 (U.S.) for product to be shipped promptly. Other conditions of the agreement call for continuous monthly purchase orders of at least $100,000 per month. Products covered under the distribution agreement include the Company's LED therapy products, and its poolside coin operated SPF 30 spray booth -- the only one of its kind in the world.
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
Contact:
Solei Systems, Inc.
Phone: 561-962-4124
Source: Marketwire (June 2, 2008 - 7:33 AM EDT)