InvestorsHub Logo
Followers 7
Posts 841
Boards Moderated 0
Alias Born 02/16/2001

Re: None

Tuesday, 02/15/2005 3:21:18 AM

Tuesday, February 15, 2005 3:21:18 AM

Post# of 992
Hop-on Introduces a $36 Cell Phone at the 3GSM World Congress in Cannes, France
Tuesday February 15, 1:00 am ET


CANNES, France, Feb. 15 /PRNewswire-FirstCall/ -- Telecommunications insiders and customers that were surprised by Motorola's announcement of its plans to introduce a cell phone for less than US$40 will be shocked when they hear that Hop-on already has a dual-band (900/1800 MHz) GSM cell phone available for only US$36 in quantities of at least 10,000 units. Hop-on's Model 1803 is a candy-bar style phone that includes such features as SMS messaging, 50 phone book entries, 15 ring tones, 4 games, and a rechargeable lithium ion battery. You can also customize the phone by downloading your own ring tones or pictures. Available languages include English, Spanish, French, German, Italian and Dutch. For more information on this model and the rest of Hop-on's product line, please go to http://www.hop-on.com.
(Photo: http://www.newscom.com/cgi-bin/prnh/20050215/NYTU078 )
Dan Gannon, Chief Executive Officer of Hop-on commented, "Motorola's entrance into the low-cost cell phone market further validates what we see as a sizeable market opportunity to extend the wireless market to the emerging markets. We're competitive in this entry level market due to our low cost structure and because we outsource our manufacturing to strategic partners with the economies of scale comparable to the major handset manufacturers. Our hope is that with increased attention to this important market segment, consumers will finally be offered high quality, affordable handset solutions. We are currently in discussions with carriers attending the 3GSM World Congress Tradeshow and can offer volume production today. Samples are available at the show to provide to prospective buyers."

The 3GSM World Congress is the market leader in providing an audience of GSM decision-makers from across the globe. The GSM Association represents over 600 GSM operators globally and unites the industry in pursuing the expansion and development of GSM technology (http://www.gsmworld.com).

About Hop-on.com, Inc.

Hop-on (OTC: HPON - News) develops and markets wireless phones and accessories as well as wireless surveillance systems. Its product line includes the next generation CDMA2000 handsets designed by its Dallas R&D team as well as GSM/GPRS handsets. Hop-on targets its phones to both emerging market carriers and other domestic carriers and resellers needing an entry level priced phone. In addition, Hop-on offers a line of innovative and attractively priced wireless accessories for both Hop-on phones and other leading manufacturers as well as affordable, wireless surveillance systems. Hop-on is also known for developing the world's first disposable cell phone. It was an IS-95 CDMA phone that was sold to consumers with prepaid airtime and included the capability to add on additional minutes. For more information, visit http://www.Hop-on.com.

CONTACTS:
David Pasquale, 646-536-7006 or Abbas Qasim, 646-536-7014
Both with The Ruth Group, http://www.TheRuthGroup.com


This Company's news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements relate to, among other things, software functionality and capacity, timing of the commencement of operations and cash flow, and are indicated by words or phrases such as "anticipate," "estimate," "plans" and similar words or phrases. The following are among the principal factors that could cause actual results to differ materially from the forward-looking statements: general business and economic conditions in the Company's operations, including the rate of inflation, population, employment and job growth rate, the pricing pressures and other competitive factors and issues arising from year 2000 information technology issues. Consequently actual events and results may vary significantly from those included in or contemplated or implied by such statements.




--------------------------------------------------------------------------------
Source: Hop-on.com, Inc.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.