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Tuesday, March 24, 2009 3:18:45 PM
LEVEL Vision Electronics Add Sales Forecast of Over $US 25 Million From Its Latin American Customers
2009-03-24 09:25 ET - News Release
MONTREAL -- (MARKET WIRE) -- 03/24/09
LEVEL Vision Electronics Ltd. (PINKSHEETS: LVLV) has received its forecast from its Latin American customers and expects Orders of more than $US 25 Million for 2009.
LEVEL Vision Electronics has been negotiating and homologating products for the Telco's logistics company since the beginning of 2008. The company's identity and information will be released shortly in an upcoming press release.
The economic downturn is actually an opportune time for our "full featured," customized & economical entry level, quality, handsets. LEVEL's low cost and competitive solution offers a great opportunity for Telcos to have a customization partner to fit their specific market needs.
About LEVEL Vision Electronics
LEVEL Vision Electronics is an ODM / OEM (designer and manufacturer) of consumer electronics (mainly Wireless Handsets) primarily concentrating on the world's emerging markets. Through its Unique Business Model, LEVEL works hand-in-hand with the Telcos to customize the products to their specific targeted market requirements.
Our current products can be found online at www.levelelectronics.com and our upcoming related software products are currently under development.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contact:
Alexander Coriaty
Public Relations Manager
LEVEL Vision Electronics Ltd.
acoriaty@levelelectronics.com
514-993-1780 Canada
561-283-1780 USA
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