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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: John Biddle who wrote (30711)1/4/2003 11:29:31 PM
From: Jon Koplik  Respond to of 196772
 
Re : Hop On / Walgreens / Southern California --

This is the reason that I thought a Walgreens store in Los Angeles should either have a Hop On phone, or ... at least know what I was talking about :

hop-on.com

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Media Alert for Monday, December 23, 10:00 a.m.

Hop-on Receives Follow-On Orders from Walgreens

Orders Follow Successful Test Market in Southern California

Irvine, CA, December 23, 2002 – Hop-On, the leading developer of disposable and fully recyclable cell phones, today announced that is has received two follow-on orders from Walgreens for its CDMA disposable cell phones. These follow-on orders are the result of the successful test market conducted in October at a Walgreens in Southern California. Shipment of the first Hop-On phones to Walgreens Southern California stores is under way.

Peter Michaels, Chairman and CEO of Hop-On, commented, “We are pleased with the expansion of our relationship with Walgreens and the confidence the company has demonstrated in Hop-On. We are committed to getting broad, national distribution for our phones to meet the potential market demand. Our goal is to work with a select group of blue chip retailers, like Walgreens, which have established distribution channels and heavy consumer store traffic. This way Hop-On will be in front of consumers wherever they are with a convenient communications alternative at an attractive price point.”

About Walgreens

Walgreen Co. is the nation's largest drugstore chain with fiscal 2002 sales of $28.7 billion. The company operates 3,954 stores in 43 states and Puerto Rico, in addition to Walgreens Health Initiatives, which provides mail service prescriptions, pharmacy benefits management and other clinical services.

About Hop-On

Hop-On (OTC: HPON) is the developer and marketer of the world’s first disposable, fully recyclable and contract free cell phone. The Federal Communications Commission (FCC) approved Hop-On for the world’s first CDMA disposable cell phone. Code Division Multiple Access (CDMA) is a digital wireless technology that was pioneered and commercially developed by Qualcomm. Hop-On’s phone is a digital, single mode cellular handset that operates in the 800 MHz frequency band. Hop-On’s CDMA disposable cell phone is fully recyclable and will offer a rechargeable battery and the capability to add on additional minutes.

Hop-On’s disposable cell phone provides a much-needed alternative to full service cellular contracts and prepaid calling cards. Unlike traditional cell phones, Hop-On’s users will not incur long-distance charges, activation or roaming fees. The environmentally friendly phones will be recycled through the company’s recycling plan. Underscoring the Company’s commitment to consumer safety, Hop-On’s hands free cell phone will be sold with and require an earpiece/microphone for operation. For more information, visit hop-on.com.

CONTACTS:

David Pasquale, 646-536-7006, or Jim Olecki, 646-536-7021

Both of The Ruth Group, www.TheRuthGroup.com

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(Do those guys from the "Ruth Group" specialize in tossing Baby Ruth candy bars into swimming pools ?)

Jon.