Digital Development Receives Sizable PDA-Smart Phone Order
Distribution of EFT-Smart Phone Slated for China and Southeast Asia
CITY OF INDUSTRY, CALIF., Jun 01, 2010 (BUSINESS WIRE) -- Digital Development Partners, Inc., (OTCBB:DGDM) announced that it has received an order for 100,000 EFT-PDA-Smart Phones with Wi-Fi and VoIP capabilities. Digital's initial market for the smart phone will be EFT's one million plus registered affiliates throughout China and Southeast Asia. Digital has received extremely positive feedback from the EFT affiliates and anticipates placing 50,000 phones in the next 8-12 months. Digital will generate revenues from the sale of the phone to EFT International, and monthly servicing fees that are expected to range between $15.99 to $19.99 per phone per month. Additional revenues will be generated from the sale of phone accessories and the introduction of new products and services to existing EFT-Smart Phone customers, which will further enhance shareholder value.
Jack Qin, Chairman and CEO stated, "We are very excited to have received this order after acquiring the worldwide distribution and servicing rights to the EFT-PDA-Smart Phone. The order calls for the initial delivery of 20,000 phones with the remainder of the order to be filled as manufacturing, production and Digital servicing centers are brought on-line." Qin went on to say, "The EFT affiliates are very loyal to the EFT brand, with pre-orders starting to come in we are very excited about the future success of Digital and the EFT-PDA-Smart Phone".
About Digital
Digital distributes and services the EFT Mobile PDA Smart Phone to EFT's base of affiliated members throughout Asia. The unique aspect of the EFT-Smart Phone is that EFT affiliates will be able to speak with all other affiliates at no charge while in a Wi-Fi location utilizing VoIP technology. Another unique aspect is the additional Apps that will allow the EFT affiliate base to access all their back office sites including their Funds Management Account where the affiliate will be able to deposit funds to make purchases, withdraw and transfer money to another EFT account or to another EFT affiliate at no cost for the internal transfer. The EFT-Smart Phone will have educational applications and PowerPoint presentations for recruiting and training new affiliate members anywhere in the world.
Disclaimer
This release may contain forward-looking statements. Investors are encouraged to carefully review regulatory filings prior to investment consideration. Past performance is no guarantee of future success or that there cannot be business interruption. The Company is in a rapid growth sector that may or may not continue to grow in the future and therefore poses risks that may be different than other investments. Management regularly provides news and additional information believed to be true and accurate at the time of dissemination but has no requirement to modify, comment or change in the future should circumstances change or information prove to be inaccurate for any reason. Additionally, the Company makes every effort to comply with all applicable law and regulatory concerns but cannot assure investors of any material changes outside of their best efforts. This release does not contain investment advice nor any recommendations to purchase or sell any securities. Consult with your investment professional before making any investments into any securities.
SOURCE: Digital Development Partners, Inc.
CONTACT:
Investor Information: Digital Development Partners, Inc. Edward Carter, 626-581-3335 ecarter@eftb.net
