Tuesday, September 15, 2009 12:12:17 PM
http://finance.yahoo.com/news/Zevotek-Announces-Ionic-Bulb-pz-1412644802.html?x=0&.v=1
Zevotek Announces Ionic Bulb Production and Shipment for European Market
Press Release
Source: Zevotek, Inc.
On Tuesday September 15, 2009, 9:00 am EDT
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Companies:Zevotek, Inc.
NEW YORK, Sept. 15, 2009 (GLOBE NEWSWIRE) -- Zevotek, Inc. (Pink Sheets:ZVTK - News) (Frankfurt:T5VI - News), a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items, announced today the company's first shipment of Ionic Bulbs to MediaShop AG, www.mediashop.tv, a direct marketer to nearly 100 million people in Germany, Switzerland and Austria. Zevotek's Ionic Bulb is designed for consumer use by combining the performance features of ionic air cleaning technology with those of a 10,000 hour reduced energy use compact fluorescent light bulb (CFL).
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ZVTK.PK 0.0015 +0.0001
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MediaShop is choosing to market Zevotek's Ionic Bulb to take advantage of demand in Europe for products that save energy and clean the air. The 50% market share for compact fluorescent light bulbs in Germany is expected to grow now that European Union rules ban certain incandescent bulbs and will ban most incandescent bulbs by 2012. MediaShop produced a TV infomercial that features the Ionic Bulb and presents the Bulb's excellent value and performance to TV and Internet audiences across Europe. Zevotek is supplying MediaShop with today's announced initial shipment of bulbs and looks forward to additional orders.
Commenting on the shipment, Zevotek's CEO, Adam Engel said, "I am pleased that MediaShop, an outstanding direct marketer in Europe, shares our view of the Ionic Bulb's exciting sales potential and has invested in an infomercial marketing campaign. Our initial shipment to MediaShop will show our Ionic Bulb is produced to exacting specifications that meet EU requirements. I am also looking forward to the publicity generated by MediaShop, a company that is said to air 2,100 TV infomercials each month."
About the Company:
Zevotek, Inc. plans to market and sell a range of innovative personal and home care items. Zevotek has a license to sell an energy saving compact fluorescent light bulb named the Ionic Bulb. The Company plans to market the Ionic Bulb through TV infomercials, catalogs, magazines and major U.S. retail and specialty stores and the Internet. Zevotek's Ionic Bulb infomercial airs on www.asseenontv.com and the Company's www.zevo-tek.com website.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Zevotek, Inc.'s business, financial condition and results of operations, as well as matters of timing and effectiveness of MediaShop's marketing are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Zevotek, Inc.'s control with respect to market acceptance of their products, whether financing will be available, the plans for Zevotek, Inc. to market and sell products as well as certain other risk factors which are and may be detailed from time to time in Zevotek, Inc.'s filings with the Securities and Exchange Commission.
This press release contains forward-looking statements. The words or phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,' 'plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similar expressions are intended to identify 'forward-looking statements.' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Zevotek, Inc. cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Zevotek, Inc. does not undertake, and Zevotek, Inc. specifically disclaims any obligation to update any forward- looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact:
Zevotek, Inc.Adam Engel201-394-8684
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