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Thursday, October 14, 2010 9:28:55 AM
May 13, 2010 (FinancialWire) -- Aerius International Inc., (OTC: AERS) has signed an exclusive agreement to license its cell phone antenna technology to PowerIdea, a major cell phone manufacturer in Shenzhen, China, to produce Aerius equipped phones for children worldwide. Initial sales samples of the new phone are expected to be delivered in approximately 90 days.
"Compared to other cell phone tests of Aerius technology equipped phones by carriers, the FCC, and independent CTIA Authorized labs worldwide show Aerius increases battery life 3 to 5 hours, doubles their coverage area, reduces dropped calls over 60%, and reduces handset power loss into users or SAR an average 99.4%," said Aerius CEO, Bill Luxon.
The market for children's phones is a major growth area in the cellular industry where cell phones for children now represent a major form of communication between parent and child. According to market research firm Yankee Group, cell phone use in the 8 to 12 year-old "tween" market nearly doubled from 5.3 million users in 2006 to 10.5 million users currently, or nearly 54% of the 2010 tween population. A 10 percent market share would generate gross sales of approximately $139 million.
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