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Press Release
SOURCE: Web2U
Web2U Set Top Boxes to be Distributed Throughout Italy
MILTON KEYNES, England, Jan. 16 /PRNewswire/ -- Web2U, www.web-2u.com (OTC Bulletin Board: MUCP - news), a world leader in the design and manufacture of low cost internet access systems, today announced that it has signed an agreement with Milan based Newtec to distribute its 'plug and play' set-top-box throughout Italy.
Initial shipments have already been delivered with the product going on sale at the end of the month. Newtec spokesman Luigi Bellato said:
``Italian interest in the Internet is growing steadily and Web2U's product will help this growth. We will be marketing and selling the product via a direct sales force. By visiting people's homes, we plan to demonstrate the product to prospective customers and illustrate the benefits of Internet access.''
Web2U chief executive Darran H. Evans said:
``I am delighted that we have secured access to another fast growing Internet market. This Italian agreement marks another success for Web2U's European campaign and international strategy as a whole.''
Web2U is a wholly owned subsidiary of MSU Corporation, founded in 1992. MSU Corporation is based in Milton Keynes, UK. In the US, the company is quoted on the OTC Bulletin Board as MUCP.
Certain information included herein and on other Company statements, reports and SEC filings is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning anticipated operating results, financial resources, marketing, growth and expansion. Such forward-looking information involve important risks and uncertainties that could significantly affect actual results and cause them to differ materially from expectations expressed herein and in other company statements, reports and SEC filings.
SOURCE: Web2U |
