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This one looks really good!....Should pop really nice when it goes....and they are actually making money
Cyberhand Consolidates North American Distribution with its Contract with Brockton Valued at $600,000 and Increasing in July 2006 to $2,000,000 per Month WEDNESDAY, SEPTEMBER 07, 2005 12:41 AM - PrimeZone
CALGARY, Alberta, Sept. 7, 2005, Sep 6, 2005 (PRIMEZONE via COMTEX) -- Cyberhand Technologies International, Inc. (Pink Sheets:CYHD), a leading computer peripheral design company specializing in innovative wireless ergonomic products for private and military purposes, announced that it has already completed its stocking obligations and received an initial commitment for 15,000 units of its CT4700 Wireless Keyboards.
Brockton has agreed to purchase a minimum of 15,000 units before July of 2006 and 50,000 units per month after that or loose their distribution rights. "We believe that this contractual opportunity represents a substantial revenue stream, over US $2,000,000 per month once the minimum purchase has been completed," stated Mike Burke President Cyberhand Technologies International Inc. In addition, Cyberhand has already signed a U.S. Distribution Contract with Connection Devices and is presently exploring a relationship with a distributor for Mexico. The company plans to lock in the Mexican channel marketer in the Q4 of this year.
About Cyberhand Technologies International, Inc.
Cyberhand Technologies International, Inc. is a leading computer peripheral design company specializing in innovative wireless ergonomic products for private and military purposes. The company designs, manufactures, markets and sells leading edge consumer electronics devices that feature innovative ergonomic designs, advanced software development and technologies that are far superior to other products in the market.
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
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