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Hop-on Appoints Former TCL/Alcatel Executive to Its Board Apr 24, 2007 10:19:00 AM Copyright Business Wire 2007 IRVINE, Calif.--(BUSINESS WIRE)--
Hop-on, Inc. (Pink Sheets:HPNN) announced today the appointment of Dr. Chuan Wang, former executive with TCL, to their board of directors. Dr. Wang has over 20 years' experience in Asian markets with an industry history the past decade including billions of dollars in telecommunications sales.
Peter Michaels, President of Hop-on, stated, "I am ecstatic to announce the appointment of Chuan Wang to Hop-on's board. His reputation in the Asian telecommunication market makes him an essential part of our team for the future. Dr. Wang's experience places him at the forefront of the wireless handset market and provides the Company with leadership into the emerging gaming market during the years ahead."
According to Dr. Wang, "We are living in a time of remarkable opportunity for the wireless handset markets, and I anticipate in the next few years we will see a revolution in development of wireless handheld products. As one of the North America's sole remaining wireless phone manufacturers, Hop-on will be able to capitalize in a unique manner based on this emerging market. I am excited and honored to help lead this company during such an extraordinary time."
"The appointment of Dr. Wang secures global market strength necessary for Hop-on's future," said Michaels. "As a proven outstanding engineer, leader and manager in our industry, his appointment will be instrumental in our success. I am confidant based on Dr. Wang's exceptional guidance these past few months his expertise is exactly what our Company was searching for. I look forward to working closely with him in the transition to the mobile gaming market."
Dr. Wang, a U.S. citizen currently residing in China, received his Ph.D. in electrical engineering from the University of Florida. Wang's expertise stems from his post-doctoral work at Bell Labs and Lucent Technologies where his primary focus was speech algorithms for multimedia communications. Dr. Wang's position as Vice President at TCL Communications Technology, one of the largest global cell phone manufacturers, assures the Company access to highly competent technical and commercial resources.
Wang's appointment concluded a six-month search by a 5-member committee which presented its results to Hop-on's Board of Directors last March. For more information, visit http://www.Hop-on.com.
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HOP-ON, INC. (PINKSHEETS: HPNN) is pleased to announce that its CEO, Peter Michaels, was featured in a live interview with Market News First, an online news broadcast and research group featuring the latest opportunities within the microcap market.
The interview took place Wednesday at 10:30 AM CDT and was broadcast live from Market News First's website at www.***.com. This was an exciting opportunity for Hop-On to reach out to its shareholders and interested parties, so visit *** to watch the podcast of Peter Michaels as he discusses the company's progress and plans for the future.
To watch the interview, visit www.***.com and click on the podcast icon at the right of the page.
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Hop-on Delivers U.S. Patent and Trademark Appeal Victory at Annual Shareholders Meeting HOP-ON, INC. (Pink Sheets:HPNN) announced today the United States Patent and Trademark Trial and Appeals Board decision was a major victory for shareholders. The lawsuit filed last year by PalmSource (NASDAQ:PALM) unlawfully prevented the Company’s use of their approved trademark, “Graffiti Wireless” resulting in undisclosed damages. The court determined Palm’s “improperly obtained judgment invalid” and suspended all claims in violation of Trademark Rule 2.119. This victory allows Hop-on future market use of Graffiti and opens the floodgates for litigation. USPTO, Case No. 91169665, PalmSource v. Hop-on, Inc. 2007. The legal battlefield is all too familiar for Palm when it comes to use of the Graffiti name. The court who found the Trademark violation of rival Xerox’s handwriting recognition of Graffiti last year resulted in damages paid by Palm over $22 million.
The Company announced a Board meeting scheduled for July in Paris, France and promised to deliver fully reporting status and long-awaited preliminary gaming approval to shareholders. The new corporate headquarters enable Hop-on’s Skye-gaming proposal the physical presence abroad necessary for gaming license approval.
Peter Michaels, President of Hop-on, stated, “The contract negotiated with GBM provided a gateway into an exclusive niche market only penetrated by smaller entities. The trust and respect absent in our uneasy global market can be achieved by realizing corporate profit margins come at the end of the relationship, not the beginning. The necessity for strict interpretation of gaming regulations both at home and abroad prevent disclosure of pending gaming applications by our newly acquired subsidiary. I am going to listen to my attorneys this time and constantly remind myself I am just a guy who got lucky.”
Hop-on will be fully audited within the next 90 days and will release gaming applications and financial statements at the Board meeting in July pursuant to whatever law we would not want to break.
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Hop-On Raises EUR 13 Million Euros GBM Invests for Exclusive Patent Rights Jun 7, 2007 11:25:00 AM IRVINE, CA -- (MARKETWIRE) -- 06/07/07 -- HOP-ON, INC. (PINKSHEETS: HPNN) announced today the Company completed a EUR 13 million Euro venture-based financing for Skye-phone development through their French-based subsidiary, Mobile Gaming EU Ltd. The previous contract between HOP-ON and GBM led to Etisalat's decision last week to deploy the product with conditional patent approval. The financial terms, signed after Monday's patent approval in Paris, offer the infusion of capital required to expand product development of HOP-ON's Skye-phone. GBM's commitment as Dubai's technology pioneer solidified their patent license in non-casino venues while providing the necessary resources for Mobile Gaming EU Ltd. to pursue Casino Gaming on Cell/WiFi/PDA phones in the European Union.
The first round of financing was led by Mr. Antonio Leone, director of new development at Banca Intesa S.p.A., Milan, Italy. Intesa has provided mobile gaming financing in the UK to foreign entities and has vast experience in patent and trademark guarantees. GBM has exclusive use of Skye-phone's EU patent in the Middle East forecasting expected revenues to enable funding of approval in both Gibraltar and EEC.
Peter Michaels, president of HOP-ON, stated, "The intellectual property value HOP-ON developed gives us an advantage in these foreign markets. We are satisfied the final patent approval through the National Institute of Industrial Property (INPI) located in Paris, France presented this opportunity to GBM and benefits our company through local government approval processes."
The financial terms provide Mobile Gaming EU Ltd. the capital required to proceed in obtaining licenses abroad resulting in lucrative revenues to HOP-ON shareholders. Etisalat's recent deployment of Skye-phone secured GBM's investment for the exclusive patent license in the Middle East for all gaming unrelated to gambling.
Mobile Gaming EU Ltd. primary shareholder, Mr. Paulo Carlucci, an Italian citizen residing in Dubai, first approached Michaels after researching his own similar idea through patent attorneys in France. The self made millionaire was determined to pioneer the IP race in his native Italy and became the driving force behind the deal with GBM. Mr. Carlucci will be directing all EU operations and has provided the opportunity for procurement of these agreements based on the Intellectual Property portfolio, stating: "Although Mr. Peter Michaels will not be involved in the gaming applications of the company's patent portfolio, I am confident this collaboration will provide security for the company's intellectual property rights in foreign markets. I look forward to presenting relevant details at the first EU board meeting July 27th at 10:00 am at the Lafayette Hotel in Paris." Additional information can be found at www.concorde-hotels.com.
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Hop-on Competes with Reality TV by SMS 10:30a ET June 12, 2007 (Business Wire)
HOP-ON, INC. (Pink Sheets:HPNN) announced today it has signed a deal with the National Messaging Systems, known for their success in messaging services for such clients as NBC and the Apprentice, enabling the customer to immediately "text in to win" via mobile phones while competing for prizes in national games broadcast during special event venues and infomercials.
The decision to accept National Messaging Systems proposal was based on the explosion of American Idol, Apprentice and Deal or No Deal, the SMS type voting is now a new phenomenon in the United States. Hop-on will now have the ability to compete with national broadcasters of such TV Reality shows and is anticipating the same results seen in the Apprentice. The opportunity to promote in the US market by utilizing platforms, the watch-and-win promotion and the proven US market demand for the SMS competition will enable more than 250 million wireless U.S. customers, including Verizon Wireless, Cingular Wireless (including AT&T customers), Nextel Communications, Boost and T-Mobile subscribers an opportunity to win hundreds of great prizes.
Peter Michaels, President of Hop-on, stated "We will Trump the TV reality shows, Hop-on is far more creative with its aggressive marketing strategy's not currently seen in the traditional National Broadcast Company's huge budgets and ridiculous celebrities. The future in the US is Gaming on our cell phones, evidenced by many states actively seeking to meet the market demand. The bottom line is this is a proven success as a favorite American pastime which is within the laws of the United States. The recent public comment of Massachusetts treasurer Timothy Cahill, Head of the State Lottery, when he explained how his state is exploring new ways to counter the slow growth, "One option is to allow their customers to play from their mobile phones, stating "You can now play scratch tickets and even bingo by simply using your mobile phone."
About HOP-ON, INC.
HOP-ON (Pink Sheets:HPNN) 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 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 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 news release includes forward-looking statements regarding, among other things, the Company's business and financial plans, strategies and prospects. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as: believe, expect, anticipate, should, planned, will, may, intend, estimated, and potential, among others. Important factors that could cause actual results to differ materially from the forward-looking statements made in this news release include market conditions and those set forth in any reports or documents that the Company may publicly file from time to time. All forward-looking statements attributable to the company or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
SOURCE: Hop-on, Inc.
Hop-on, Inc. Danny Coleman, (949) 756-9008
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