| | Innotelco Meets with Counselor of Economic and Commercial Section, Embassy of Bosnia and Herzegovina, Ottawa
Wednesday August 24, 9:00 am ET
TORONTO, Aug. 24, 2005 (PRIMEZONE) -- Innotelco, Inc. (Pink Sheets:ILCO), a marketer and distributor of telecom hardware and network solutions, today announced positive results from its meeting with officials of the Embassy of Bosnia and Herzegovina in Ottawa.
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``Our meeting with an official responsible for economic development and trade in Bosnia and Herzegovina produced goodwill and assurance of cooperation for Innotelco's initiatives within the region,'' said Radomir Popovic (VP Sales & Marketing). ``These discussions are aimed at continuing dialogue with officials here in Canada and overseas, as part of advancing Innotelco's long-term business goals.''
Innotelco is currently involved in the education and development of upgrading communication levels in Bosnia and Herzegovina, with part of the talks concentrated on this area. ``We have been discussing the future of Innotelco becoming a major external worldwide supplier for the area. We would like to be part of the efforts to prepare Bosnia and Herzegovina for future entry into the European Union,'' added Mr. Popovic.
About Innotelco, Inc.
Innotelco is a telecom hardware supplier, specializing in servicing emerging markets looking to expand their telecommunications networks. Innotelco's products range from indoor and outdoor coaxial cables and accessories to fibre optics and switching equipment.
``INNOTELCO - Building Bridges for Communication''
Safe Harbor Statement
This press release contains forward-looking statements as defined in the Securities Litigation Improvements Act of 1996. The words ``believe,'' ``expect,'' ``estimate,'' ``project'' and similar expressions define forward-looking statements, which speak only as of the date the statement was made. Innotelco, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. Forward-looking statements are currently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated in, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the Company's ability to meet its projected growth, the effects of government regulation, competition and other material risks.
Contact:
Innotelco, Inc.
Ross Sehovic
416-259-8444
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