INNOTELCO Inc. Announces Update on Contract Status
TORONTO, Jul 25, 2006 (MARKET WIRE via COMTEX) -- INNOTELCO, Inc. (PINKSHEETS: ILCO), a marketer and distributor of telecom hardware and network solutions announces update on contract status.
"We are pleased to announce that we are very contented with the progress the company is making on contract fulfilling. Following the completion, we have received inquiry for further supplying, and the company is getting ready to start final discussions regarding this opportunity. Expectations that we have are very optimistic and current efforts are focused on contract accomplishment, near trip to Europe and Africa, and on development of a strong, reliable image that increases sales and builds customer loyalty."
Further, "We are looking into the best way to expand our working relationship with Pan Atlantik SA and to take advantage of some new projects of interest to both companies. Due to Pan Atlantik SA's good trading rank and ample experience in commodity trade, we are in position to develop new Long-term Strategic Framework (LSF) which will provide more efficient trading procedure together with possibility for auspicious penetration in to new market areas," said Radomir Popovic, Vice President.
LSF Implementation should set up INNOTELCO as an intermediary company; in that case revenue will be generated through consulting services, direct resale and commission participation. These deals should be based on considerably higher and faster money float due to strategic product exchange which will be subject of the trade.
"INNOTELCO -- Building Bridges for Communication"
About INNOTELCO, Inc.
INNOTELCO is a telecom hardware supplier, specializing in servicing emerging markets looking to expand their telecommunications networks. INNOTELCO products range from indoor and outdoor coaxial cables and accessories to fibre optics and switching equipment.
About Pan Atlantik S.A.
Pan Atlantik S.A. has been in the international commodity trading business for 13 years. It is a privately owned registered company that conducts business activities in the all kinds of commodity trade business all over the world due to strong multilanguage support and unrivalled business policy that the company has. Boris Zlopasa, who has very rich experience in that field, heads the company. |
