IRVINE, Calif., June 30 /PRNewswire-AsiaNet/ –
Hop-on, Inc. (OTC: HPNN) and Hop-on Mobile India Private Limited, a company
incorporated under the laws of India, today announced that Hop-on is offering a
dual band (900/1800 MHz) GSM cell phone targeted for the India market that will
be available for as low as 1500 Rupees (approximately $34.50 USD) in quantities
of at least 100,000 units. Hop-on’s Model 1813 is a candy-bar style phone that
utilizes a Texas Instruments chipset and includes such features as SMS
messaging, 50 phone book entries, 15 ring tones, 4 games, and a rechargeable
lithium ion battery. Customers can also customize the phone by downloading
their own ring tones or pictures. For more information on this phone, please
go to http://www.hop-on.com.
Dan Gannon, Chief Executive Officer of Hop-on commented, "India is the
second most populated country in the world with over 1 billion people. Our
market research indicates that less than 10% of India’s population currently
uses cell phones so this represents a tremendous growth opportunity for the
wireless industry. In fact, The Cellular Operators Association in India
(http://www.coai.in) reported that the total GSM subscriber base in India rose
in the month of May 2005 by 1.2 million subscribers (from 42.1 million in
April to 43.3 million in May). However, as an emerging market, one of the
keys to being successful is the ability to provide low cost handsets. We
believe this is the least expensive GSM phone in the market and we look
forward to working with our Business Channel Partners in India to capitalize
on this market opportunity."
About Hop-on, Inc.
HOP-ON (OTC: 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 Dallas R&D team as well as
GSM/WIFI 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 news release includes forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended, 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 file from time to time with the United States Securities and
Exchange Commission. 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.
CONTACT: David Pasquale +1-646-536-7006
Abbas Qasim +1-646-536-7014
both with The Ruth Group
Web site: http://www.Hop-on.com
(HPNN)
June 30, 2005
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