Hop-on, Inc. Announces Creation of Acquisition
Subsidiary Graffiti Partners
LOS ANGELES, April 16, 2010 (GLOBE NEWSWIRE)
-- Hop-on, Inc. (Pink Sheets:HPNN) (www.hop-on.com)
announced today that it has established a new
subsidiary company to hold all of its New
Business Acquisitions and Mergers: Graffiti
Partners.
Jay Pignatello, President of Hop-on, stated,
"The Board recently agreed with our plan to
establish independent and distinct revenue streams
within Hop-on. Clearly, Hop-on has operated in
telecommunications for several years – Graffiti
Partners is the initial step in reviving this
revenue stream. Hop-on with the subsidiary will be
targeting MVNO's, Multi-Level Marketing Companies
and various distribution channels to deliver its
new and existing products.
About Hop-on, Inc.
Hop-on, Inc. (Pink Sheets:HPNN) offers
multi-media services and has secured licensing
agreements from essential patent holders for GSM,
CDMA and WIFI technologies. Since its inception,
known for developing the world's first disposable
cell phone, Hop-on currently remains one of the
few U.S.-based manufacturers of cellular
technology. The Company also distributes The
Electric Cigarette and the Electric Cigar.
Forward-Looking Statements
Certain statements in this news release may
contain forward-looking information within the
meaning of Rule 175 under the Securities Act of
1933, and are subject to Rule 3B-6 under the
Securities Exchange Act of 1934, and are subject
to the safe harbor created by those rules. All
Statements, other than statements of fact,
included in this release, including, without
limitation, statements regarding potential future
plans and objectives of the company, are
forward-looking statements that involve risks and
uncertainties. There can be no assurance that such
statements will prove to be accurate and other
results and further events could differ materially
from those anticipated in such statements. Future
events and actual results could differ materially
from those set forth in, contemplated by, or
underlying the forward-looking statements.
SOURCE: USACIG; Hop-on
http://www.globenewswire.com/newsroom/news.html?d=188932
Copyright 2010 GlobeNewswire, Inc., All rights reserved.
|