Hop-on Staffs New Office in Shenzhen, China
June 18 2014 - 12:15PM
Marketwired
Hop-on Staffs New Office in Shenzhen, China
Providing Support to Local Chinese OEMs for Products Under IPR
Contracts
TEMECULA, CA and SHENZHEN, CHINA--(Marketwired - Jun 18, 2014) -
Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) a global
electronics OEM, is pleased to announce today that a new office has
been opened in Shenzhen, China with support staff in response to
the overwhelming business opportunities for products being produced
and shipped to US and European markets under Hop-on's intellectual
property rights.
Local support is being
provided to the Chinese OEMs to handle distribution of some or all
of the units sold through Hop-on. Royalties will be paid per unit
sold in the U.S. and Europe to Microsoft and other IPR holders
where appropriate.
Peter Michaels, CEO of Hop-on,
stated, "There are billions of dollars of unlicensed
telecommunications, computing, and smart devices being sold every
month in the US and Europe. Most of the companies producing and
distributing these products don't want worldwide licensing deals
because of the impact it would have on their domestic distribution
channels. Hop-on's negotiated IPR agreements allow us to provide
custom tailored solutions to these complex issues."
The new office is located at
Room 308, BLD A, Unisplendour Information Harbor, Hi-Tech Park
North, Nan Shan District, Shenzhen, Guangdong, China, 51800
ABOUT HOP-ON, INC. Hop-on, Inc.
is a global ODM and OEM manufacturer of electronics, based in the
United States. Over the past 20 years, Hop-on has successfully
secured essential patents for mobile communications and computing
technologies, and is respected for developing the world's first
disposable cell phone. Hop-on's focus on smartphones and innovative
mobile device applications is bringing cost friendly solutions to
today's demanding world market. For more information, please visit
www.hop-on.com
Safe Harbor This press release
contains forward looking statements pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
These statements include risks and uncertainties that may cause the
company's plans to change and are in no way intended to guarantee
that the company will be successful in executing its plans. Hop-on,
Inc. common stock currently trades on the over-the-counter "Pink
Sheets" under the symbol HPNN. This press release in no way
constitutes any recommendation regarding the securities of HPNN or
its affiliates. Any person reading this press release is advised
that this release should be considered in the light of all facts
and circumstances regarding the business and financial condition
and prospects of HPNN, and no inference has been made that this
release contains all such information.
Additional
Information For additional information, please contact Peter
Michaels (949) 756-9008 Email contact@hop-on.com
Hop On (PK) (USOTC:HPNN)
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