Zevotek Orders Ionic Bulbs for U.S. Sales
NEW YORK, Oct 12, 2009 (GlobeNewswire via COMTEX) -- Zevotek, Inc. (Pink Sheets:ZVTK) (Frankfurt:T5V1), a designer, developer and worldwide direct marketer and distributor of innovative personal and home care items, announced today that it placed a factory order to start producing Ionic Bulbs for U.S. customers. Zevotek is buying Ionic Bulbs to fill anticipated customer orders designed to come from TV and Internet viewers in homes across the U.S. When Zevotek's Ionic Bulb infomercial is broadcast, viewers can see the vivid demonstration of the bulb's ionizing action and immediately contact Zevotek to buy the Ionic Bulb.
The 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). According to ENERGY STAR(r), a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy, a qualified CFL will save about $30 over its lifetime and pay for itself in about 6 months. It uses 75 percent less energy and lasts about 10 times longer than an incandescent bulb. ENERGY STAR(R) said earlier this year that using less energy helps reduce air pollution and greenhouse gas emissions from power plants.
Commenting on the announcement, Zevotek's CEO, Adam Engel, said, "I believe Zevotek's Ionic Bulb is the right product at the right time. Ionic Bulbs deliver the money saving value that U.S. consumers want while improving indoor air quality and helping consumers go green. The Ionic Bulb order announced today is for the CFL equivalent of a 100 watt bulb equipped with Zevotek's exclusively licensed ionizing technology. We plan to have the Ionic Bulbs on hand and ready to ship to customers once we start airing our new 2-minute TV infomercial later next 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 marketing the Ionic Bulb 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.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Zevotek, Inc.
By Staff
CONTACT: CONTACT: Zevotek, Inc.
Adam Engel
201-394-8684
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
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