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Stocks That Stand Out For Nov. 30th, 2009 Are IKTO, MDGC, EVLN, PGCX, XODG
(M2 PressWIRE Via Acquire Media NewsEdge) www.Standoutstocks.com: Stocks That Standout For Nov. 30th, 2009 are iTokk, Inc. (OTCBB: IKTO), MediaG3, Inc. (PINKSHEETS: MDGC), Evolution Resources, Inc. (OTCBB: EVLN), PanGenex Corporation (Pink Sheets: PGCX), Xodtec Group USA, Inc. (OTCBB: XODG)
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iTokk Inc., Signs LOI with Mayfair Club A.E. of Athens Greece for Strategic Distribution Partnership
SUNNYVALE, CALIFORNIA AND ATHENS, GREECE, Nov 27, 2009 -- iTokk, Inc. (OTCBB: IKTO), the world's most innovative communications company, via our offices in London, England, today announced that it has signed a binding Letter of Intent (LOI) for a strategic distribution partnership with Mayfair Club A.E. of Athens Greece to begin distribution of the iTokk products and services in Greece and the Balkans; and in addition will embark on business development in the Commonwealth of independent States (CIS) former countries of the Soviet Republic.
According to the Agreement, Mayfair Clubs will begin by bundling their existing portfolio of solutions along with the iTokk Click-to-Call and iTokk-Mobile services and will be marketed and distributed through Mayfair Clubs distribution network of more than 250,000 customers that have purchased more the one solution and over 1,200,000 customers that have purchased at least once a solution from Mayfair Club. Mayfair Club has been providing solutions for over 1800 businesses in Greece since 1985 integrating, distributing and bundling solutions supplied by companies including Vodafone Greece, Wind telecom & ISP, Vivodi Telecommunications, Cosmote, On Telecoms and Tellas.
"The synergy that we are about to create with iTokk will align seamlessly with our mission statement to our customers and with iTokk's innovation and dedication the sky is the limit," Said Mr. Christos, President of Mayfair Club S.A. "Mayfair Club commits in its mission to provide immediate and high quality services to customers and respond to their demand for new and exciting products." According to telecommunications Research Company Buddcomm's annual publication 2008, profiles the emerging Balkan markets and the integration with the EU which is driving economic development and change, a trend that has manifested itself in the region's telecoms markets. The report presents an overview of the telecom markets in what are arguably some of Eastern Europe's most promising growth markets with example highlights such as fixed broadband take-up across the region gaining momentum with annual growth rates of 200% in Bosnia-Herzegovina, 51% in Croatia and 62% in Cyprus.
"Our London office is the gate way to Europe, and Mr Christou along with Mayfair Clubs with offices in Athens is the gateway for iTokk in the Balkans," said Mr. Carmelo D'Anzi VP of Business Development for iTokk. "We are excited to one of the first real innovators of IP platform services to enter the region and look forward to supporting Mayfair Club A.E." The two organizations are negotiating the final terms and conditions of a reseller arrangement that would give Mayfair access to iTokk's IP services platform in exchange for yet to be disclosed terms of revenue share and local pricing models. This Letter of Intent (LOI) will be superseded and replaced, as soon as practicable, by a formal reseller agreement with standard terms that are consistent with the principal terms provided herein.
About Mayfair Club A.E.
Mayfair Club A.E., is an international import and export company and provider of value services. The company participates financially as a shareholder and has invested in more than 12 related companies. As an international trade operator, we are responsible for dealing in and developing our overseas business markets. Mayfair club international import and export was established in 1984. Mayfair Club offices are located at Petrou Ralli 351 Nikaia-Athens in 4 floors building with total space of 1.200 sq/m and can serve 200 calls at the same time per branch. Additional branches are in Kalithea-Athens, Dafni-Athens, two offices in Thesalloniki, two in Patra, and one in Heraklio.
About iTokk iTokk, Inc., the world's most innovative communications company, offers flexible, next-generation telephony solutions for consumers and businesses. iTokk's flagship product Npoints-Framework and developers platform make it simpler, cheaper and faster to build communications functionality into applications, enabling carriers and networks to introduce new revenue-generating voice services in days, rather than months. By combining the iTokk platform and innovative products with carriers across the globe, iTokk has the potential to deliver the industries most explosive growth of innovation and in IP telephony. The worlds newest leading global IP telephony company is headquartered in Sunnyvale, California with offices in Canada, UK and India.
ADDITIONAL INFORMATION about iTokk, Inc. can be viewed on the Company's Web site: www.itokk.com. Capitalization and filings can be viewed at: http://www.otcbb.com.
SAFE HARBOR Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by iTokk, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of iTokk, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition. SOURCE iTokk, Inc.
MediaG3 Announces the IW4G WiMAX Launch of Service Availability in the Silicon Valley
SANTA CLARA, CA, Nov 27, 2009 -- MediaG3, Inc. (PINKSHEETS: MDGC) is pleased to report the progress on the Company's developing WIMAX service roll-out strategy in the United States.
MediaG3 announces that the Company's expansion plan is advancing impressively in Silicon Valley Metropolis. Recently, the Company announced a successful service launch in Keizer, Salem and Portland, Oregon, Las Vegas, Nevada and Boise, Idaho. This is part of the Company's 19 state market roll out of the Company's revolutionary WIMAX services.
The addressable market, demographics, and Company estimated revenue metrics for broadband internet services in the Silicon Valley metro markets include the following statistics: 1) Estimated Silicon Valley metro market shows a potential subscriber base of 1,764,999.
2) Percentage of households using broadband and wireless services are 74%.
3) Available broadband and wireless subscriber base is 1,306,099 households.
4) A very conservative estimated market share to be captured by MediaG3 being 5%.
5) Estimating subscribers' revenues exceed $3,265,000/year initially.
"Imperial Wireless is excited to bring its IW4G WiMax Super Fast Mobile Broadband and Internet Phone Services to the vast market of Silicon Valley residents, businesses, students and mobile professionals. We endeavor to provide an invaluble service by offering our speedy mobile Internet experience on the go. Having this capability otherwise restrictive to their home or the office computing experience, has proven to offer a dramatic shift in effectiveness and quality of lifestyle," said Val Westergard, Chairman, MediaG3, Inc. "We're pleased to provide a valuable new category of Internet services designed to make people's lives more enjoyable and more productive, wherever they happen to be in our coverage area." Joseph L. Anzalone, MediaG3 President, had this to add: "With our headquarters in the heart of Silicon Valley, we are excited to be positioned to deliver our WIMAX services platform to businesses and residential communities in the Silicon Valley, which is synonymous with innovation and leading edge technology development. Our service rollouts are gaining momentum as anticipated, and more frequently than not, ahead of expectations as subscribers are demanding the broadband services to meet their growing appetite for internet service without limits. Our strategy continues to revolve around the development of our presence in every underserved market in the country where we can offer the consumer an unbeatable combination of next generation broadband and mobile Internet services at highly competitive prices," added Mr. Anzalone.
He continued, furthermore, to enhance the service plan. MediaG3 plans to utilize 30 carrier grade cellular towers which were successfully acquired earlier this year and will be used to support the network expansion in selected key markets throughout the United States. "MediaG3 will be employing its strong portfolio of telecom equipment to support the WIMAX service expansion. These carrier grade towers will help in broadening the reach in conjunction with our patent-protected LMDS equipment platform. The goal is to provide leading edge WIMAX service to everyone, not just those in major metropolitan communities," added Mr. Anzalone.
MediaG3's IW4G, a New Generation of WIMAX The 4G customer experience is similar to that provided by Wi-Fi, but without the short-range limitations of a traditional Internet hot spot. The companies are all using a wireless 4G technology that differs from Wi-Fi called WiMAX, which provides service areas measured in miles, not feet. Further, IW4G gives you average mobile download speeds of 3 to 6 mbps with bursts over 10 mbps.* As the Internet integrates deeper into daily life, the opportunities to stay connected and be productive are enhanced by IW4G in numerous ways: -- A busy parent who wants full Internet connectivity for kids studying or playing games in the back of the family minivan; -- A college student or retiree looking for one affordable Internet service provider to meet their needs at home, on campus and on-the-go; -- A mobile professional who is unsatisfied with the speeds and limitations of 3G modem cards or the need to seek out Wi-Fi hotspots; -- A commuter interested in working or accessing entertainment sites like Hulu or Pandora on the way home.
For these and many other customers, IW4G's simple and innovative pricing provides ultimate flexibility. IW4G's mobile and residential plans can be purchased by the day or by the month, and with several no service contract options available. Home Internet service plans start at $25 per month, while mobile Internet plans start at $35 per month, or customers can purchase a convenient day pass for $10. Additional savings are available for customers by purchasing a combination of services that could include home-and-mobile or mobile-and-mobile Internet plans starting at $50 for both, or by signing up for a two-year service agreement. The dual-mode 4G/3G plan is available for just $70 per month with a two-year service agreement. Customers can find full details about pricing options, business plans and purchase the service online at www.iw4g.com.
Simply Plug-In and Go IW4G offers several simple choices for broadband connectivity.
-- IW4G USB Modem and IW4G+ Mobile: Mobile users simply plug-in IW4G's compact, mobile WiMAX-enabled USB modem into their laptop to get online.
The USB modem, from Motorola, is available for only $49.99 for a limited time or leased for just $4.99 per month. Customers can purchase the modem from a store or online. Customers who travel across the U.S. may purchase the CleIW4G+ mobile USB, a dual-mode (4G/3G) modem from IW4G. The dual-mode capabilities give the truly mobile user access to nationwide 3G network service whenever the IW4G service is not available. The IW4G+ mobile USB is available to lease for only $5.99 per month.
-- Residential data & voice services: For residential service, IW4G offers customers a wireless high-speed modem, about the size of a small book. Customers simply plug the modem into a power outlet anywhere in their home or office and connect the modem to their PC or wireless router. This enables consumers and businesses to install high-speed Internet service without the need to schedule an appointment, drill holes in their walls, or otherwise disrupt their day. The IW4G Modem, a residential modem from Motorola, can be purchased for $69.99 for a limited time or leased for just $4.99 monthly. Residential customers can also add in-home voice service with purchase of the IW4G Voice Adapter for $15, and receive unlimited local and long distance service for just $25 per month.
-- IW4G Spot: With the IW4G Spot, any existing, off-the-shelf Wi-Fi device (compatible with 802.11b/g) can connect to IW4G's mobile WiMAX network. The IW4GSpot creates a personal Wi-Fi hotspot that travels with consumers anywhere they happen to be within IW4G's mobile WiMAX service area. This $139.99 device is a portable, battery-powered router that seamlessly connects up to eight standard Wi-Fi-enabled devices (computers, mobile phones, portable gaming, consoles, cameras, etc.) to the Internet via a IW4G USB modem to access IW4G's mobile WiMAX network. The IW4G Spot is compatible with both the IW4G and IW4GG+ mobile USB dual-mode service options.
-- Intel Embedded WiMAX Laptops: Numerous IW4G-compatible embedded WiMAX laptops based on Intel(R) Centrino(R) 2 processor technology are now available directly from their manufacturers and through other channels.
From Dell, these include the Studio 17, Studio XPS 16, Latitude E4300, Latitude E6400, Latitude E6400 ATG, Latitude E6500, Precision M2400, Precision M4400 and Vostro 1220. From Fujitsu, this includes the LifeBook P8020. WiMAX-ready laptops from Lenovo include the ThinkPad line: SL500, X200, X200s, X200 Tablet, X301, T400, T500, W500, W700. From Samsung, this includes the X460 notebook as well as the NC10, the first WiMAX-enabled netbook based on the Intel(R) Atom(TM) processor, available in the U.S.
-- Samsung Mondi: The Samsung Mondi is a mobile, WiMAX-enabled handhelddevice that combines the abilities of a PC with the size and portability of a phone.
About Imperial Wireless Imperial Wireless, LLC, an operating subsidiary of MediaG3, Inc. (PINKSHEETS: MDGC), offers a robust suite of advanced high-speed Internet services to consumers and businesses. As part of a multi-year network build-out plan, Imperial's service, called IW4G(TM), will be available in major metropolitan areas across the U.S., and bring together an unprecedented combination of speed and mobility. Imperial's open all-IP network, combined with significant spectrum holdings, provides unmatched network capacity to deliver next-generation broadband access. Strategic investors include Intel Capital, Comcast, Sprint, Google, Time Warner Cable, and Bright House Networks. Imperial Wireless currently provides 4G service, utilizing WiMAX technology, in sixteen markets and provides pre-WiMAX communications services in 40 markets across the U.S. and Europe. Headquartered in Santa Clara, CA., additional information about Imperial Wireless and MediaG3 is available at www.mediag3.com or www.iw4g.com
* Speed claims based on download speeds only. Actual performance may vary and is not guaranteed. IW4G performance claim is based on average download user speeds achieved during tests performed on the IW4G commercial network by IW4G. Other carrier performance based on their advertised claims.
Cautionary Statement Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the securities laws. The statements in this release regarding plans for the development and deployment of the first nationwide next-generation wireless broadband network based on mobile WiMAX technology; the timing, availability, capabilities and coverage of our network, including market launch plans; products and services to be offered on our network; planned marketing and branding efforts and other statements that are not historical facts are forward-looking statements. The words "will," "would," "may," "should," "estimate," "project," "forecast," "intend," "expect," "believe," "target," "designed," "plan" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are projections reflecting management's judgment and assumptions based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Future performance cannot be assured. Actual results may differ materially from those in the forward-looking statements due to a variety of factors, including, but not limited to, the risks referenced in the section of MediaG3's Quarterly Report on Form 10-Q entitled "Risk Factors," filed August 13, 2009. Imperial Wireless believes the forward-looking statements in this release are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. Imperial Wireless is not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release.
Evolution Resources Reports Financial Results for Fiscal Year 2009
Company Acquires Liquafaction Corporation and Over $15 Million Worth of Facilities and Equipment to Develop Cellulosic Ethanol Production
DALLAS, Nov 30, 2009 -- Evolution Resources, Inc. (OTCBB: EVLN) (the "Company") an advanced biofuels production company focused on the production of cellulosic ethanol and biodiesel using the latest in modern processes and technologies, today reports financial results for the period from April 9, 2009 (Inception) to October 31, 2009.
A pending dividend of Evolution Resources' common stock held by Evolution Fuels, Inc. (Pink Sheets:EVFN) to shareholders of Evolution Fuels was announced last Friday, November 27, 2009.
As a development stage company, net income from inception through October 31, 2009 was $5.3 million, primarily from an extraordinary gain of $10.3 million relating to the Liquafaction Corporation ("Liquafaction") acquisition. Loss per common share from continuing operations was $0.29. Net income per common share from the extraordinary gain on acquisition was $0.59. Net income per common share was $0.30.
Evolution Resources completed the acquisition of Liquafaction on July 14, 2009, which included existing ethanol components and equipment worth over $15 million. The Company plans to develop this existing infrastructure into a 4 million gallon per year (mmgy) cellulosic ethanol production facility.
"This facility, located in Moses Lake, Washington, is attractive due to its existing ethanol components and equipment and its close proximity to the area's large availability of straw biomass, which will be used as the raw material for the cellulosic production," said Dennis McLaughlin CEO of Evolution Resources. "Since initial design work for the project has already been completed and certain permits for ethanol production already exist at the facility, we estimate we can be online in as little as seven months from initial construction." Fiscal Year 2009 Developments On July 14, 2009, Evolution completed the Liquafaction acquisition, which included a total of approximately $15.7 million of facilities and equipment. Of this amount, $5.2 million is not needed for the completion of the cellulosic ethanol facility and will be classified as excess equipment held for sale.
On August 17, 2009, in conjunction with the acquisition of Liquafaction, Evolution applied for a grant/loan provided by the Washington State Department of Commerce. The Company applied for the grant in order to assist funding efforts toward its planned cellulosic ethanol project located in Moses Lake.
"Although the purchase of Moses Lake facility is an important aspect of our initial cellulosic ethanol development, it represents a relatively small prelude to our grander vision of developing a 60 million gallon per year production facility to be located adjacent to a wood pulping operation," said Mr. McLaughlin.
Historically, ethanol has been produced mostly from sugars or starches, obtained from sources like sugar cane and corn. In contrast, cellulosic ethanol is obtained from cellulose, the main component of wood, straw and much of the structure of plants. A significant advantage of cellulosic ethanol is that cellulose does not compete with the production of food stuffs, and many sources of cellulose, such as forestry residues, waste paper and municipal solid waste, are often available for relatively low cost, or are even free.
Due to the decline in general economy, which hit the renewable energy industry particularly hard, Evolution Resources has researched and discovered a number of financially troubled opportunities that could enable the Company to potentially acquire these assets at extremely attractive prices, with the potential of a significant increase in value when the economy returns and the demand for energy increases.
Mr. McLaughlin concluded, "We are concentrating a majority of our efforts for large scale cellulosic ethanol and biodiesel production projects in the Mississippi and Louisiana Delta area, where we have garnered significant governmental support from these two states. The team assembled at Evolution Resources is extremely excited about our potential to repurpose large scale facilities for various biofuels at extremely attractive prices and we look forward to keeping our shareholders informed of our future opportunities and developments." About Evolution Resources, Inc.
Evolution Resources, Inc. is a renewable energy company focused on the production of cellulosic ethanol and biodiesel transportation fuels. Presently, the company is perusing certain proposed projects that will leverage existing distressed assets and infrastructure in Washington, Mississippi and the Louisiana Delta area. The Company's website, www.evoresources.com, provides more information on Evolution Resources.
Forward-Looking Statements Disclosure This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
PanGenex Provides Updated Time Line for Direct Response Television Program with Partner Incredible Discoveries(R) to Promote Scientifically Formulated, Condition Specific Dietary Supplements
CLEARWATER, Fla., Nov 27, 2009 -- PanGenex Corporation (Pink Sheets:PGCX) ("PanGenex" or "the Company") announced today that it anticipates the release of its long form television program, demonstrating the benefits of Calci-CLEAR(TM), its patent pending dietary supplement that addresses soft tissue calcification, pursuant to its partnership with Incredible Discoveries(R) in early 2010.
Calci-CLEAR(TM) is a dietary supplement designed to address soft tissue calcification which is the abnormal hardening of soft tissues in the body such as tissues and organs, an important and pervasive condition affecting hundreds of millions of people worldwide.
"This program will allow the Company and its physician partners to reach a broad and diverse audience, an audience where an estimated 1 of every 5 adults has complications associated with soft tissue calcification," stated Chairman John Stanton.
About Incredible Discoveries(R): Incredible Discoveries(R), a wholly-owned subsidiary of O2Media Inc., is a fully integrated production, marketing and investment partnership company that introduces new products to consumers through infomercial development and multi-channel marketing opportunities, including international retail distribution, the highest rated live shopping networks, direct mail catalogs, and insert programs. In addition, Incredible Discoveries(R) offers a funding option for select product manufacturers that is totally unique to the industry. Incredible Discoveries(R) hosts a team of dynamic professionals with years of direct response ingenuity and expertise. Their fresh innovative approach has led to successful product launches including the Tornado and the Magic Juice Filter, as well as the international launch of the Didi Car. The organization is a valued member of the Electronic Retailing Association (ERA) and the Direct Response Marketing Alliance (DRMA). For more information about Incredible Discoveries, please visit their website at www.incrediblediscoveries.com.
About PanGenex Corporation: PanGenex is a publicly traded corporation (Pink Sheets:PGCX) and pursues business opportunities in the $70 billion nutraceutical and dietary supplement industry. With a focus on the cardiovascular health segment, PanGenex develops and markets sector leading, patented or patent pending, condition specific nutraceuticals and topical over-the-counter (OTC) drugs and personal care products. Each product is scientifically formulated to address specific health conditions. Many of our products contain the purest grade of nutraceutical components available anywhere without a prescription. PanGenex markets products through healthcare practitioners, retail establishments and the internet on websites such as www.PanGenex.com, www.Calgenex.com and www.HeartHealthyWorld.com.
Disclaimer: Cautionary Statement about Forward-Looking Statements This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook. The statements in this press release have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease.
Xodtec Group USA, Inc. Has Signed an Energy Service Contract with a Grand Resort to Retrofit Energy and LED Lighting Systems
CARSON CITY, Nev., Nov 30, 2009 -- Xodtec Group USA, Inc. (OTCBB: XODG) (the "Company"), a market leader in LED lighting, announced today that it has signed an energy service contract with West Lake Resortopia to act as its energy service company ("ESCO") and provide a broad range of comprehensive energy solutions including illumination and artistic lighting for environmental and architectural decoration. West Lake Resortopia is a resort which incorporates the mountains and natural scenery surrounding it in Miaoli County, Taiwan. By introducing integrated energy solutions, Resortopia hopes to promote its corporate image by reducing its electricity expense and carbon emissions to provide a cleaner environment. Resortopia will purchase a large number of indoor, outdoor, color-changing artistic light lamps and fixtures from Xodtec, which will also retrofit Resortopia's illumination and decorative lighting systems. The project is divided into three phases; the ongoing first phase is about providing an integrated energy-efficient hot water system, expected to generate revenue in excess of $1,500,000US; the second and third phases are about providing LED illumination and ambience artistic lighting, currently under planning and expected to be executed at the end of year 2009. The estimated gross revenue of this project is approximately in excess of $4,687,000US.
"West Lake Resortopia is a comprehensive project, we will not merely provide LED lighting products, but also engineer integrated energy solutions," stated Curtis Su, Chairman of Xodtec Group USA, Inc. "This is a challenging project for us, combining optimal energy-efficient lighting solutions and outstanding artistic lighting effects which we hope will demonstrate our versatility in the lighting industry." About Xodtec Group USA, Inc.: Xodtec, a Nevada corporation, is an Energy-Saving Lighting Solutions Provider based in Taiwan. Xodtec provides high performance and cost-effective energy-saving LED solutions and traditional lighting products for private companies, public facilities, residential communities, factories and households, providing optimal energy-saving solutions that meet today's energy management requirements. Please visit our website http://www.xodtec.com.tw/xodtec_en/ for detailed company information.
Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Xodtec Group USA, Inc., are "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. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the Company from time to time with the United States Securities and Exchange Commission.
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