Wireless Xcessories Group Signs Distribution Agreement With Hop-On IRVINE, Calif. - PRNewswire-FirstCall - Jan. 21 IRVINE, Calif., Jan. 21 /PRNewswire-FirstCall/ -- Hop-on.com, Inc. today announced that Wireless Xcessories Group, the leading organization in the USA selling wireless accessories to independent wireless dealers and distributors, has chosen Hop-on to be its primary supplier as it expands for the first time into the sale of handsets.
Steve Rade, CEO of Wireless Xcessories Group, stated, "We've researched the market and decided that Hop-on's phones provided the best combination of features and pricing. We feel the time is right for accessory manufacturers and distributors like ourselves to offer our customers the convenience of ordering phones and accessories from one source. Along with the profitability selling a product line like Hop-on's, we intend to manufacture a line of high quality core accessories to compliment each handset model. There will be a premier vehicle power adapter, a lambskin case and a personal hands free device."
Dan Gannon, Chief Executive Officer of Hop-on commented, "We are very pleased that Wireless Xcessories Group has selected Hop-on as its primary handset supplier. We welcome them to our select group of distributors in the United States and look forward to a long and mutually beneficial relationship."
About Wireless Xcessories Group
The Wireless Xcessories Group (NASDAQ symbol WIRX) is the largest wholesaler of aftermarket accessories in America, providing it's products to dealers, distributors and airtime carriers. Its corporate headquarters is located in Huntingdon Valley, PA and its products are sold to resellers in all 50 states, the Caribbean and Latin America. With over 3,000 items covering more than 100 different brands of cell phones, Wireless Xcessories Group is a one stop accessory source that sells to a customer base including over 2,000 dealers plus leading phone distributors, national airtime carriers and mass merchandisers. For more information, visit http://www.wirexgroup.com/.
About Hop-on.com, Inc.
Hop-on develops and markets wireless phones and accessories as well as wireless surveillance systems. It 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/.
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.
This may spike back up to the .008 range next week. The lack of selling towards the end of the day was a good sign. If it dips below .0025 next week I'll pick up 4mil.
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