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Hop-on, Inc.: Hop-on Announces Its Results of Its Annual Meeting

^{Published on 2009-08-21 08:08:46 - Market Wire}
 

IRVINE, CA--(Marketwire - August 21, 2009) - Hop-on, Inc. (PINKSHEETS: [ HPNN ]) announced today the results from their annual shareholders meeting. There was a quorum that met and it has been determined that, for the next year, Peter Michaels will remain Chairman of the Board, President and CEO.

Michaels stated, "With this tough economy, our job is to find new avenues to create value for the bottom line. Hop-on is very resourceful in delivering low-end cell phones and other electronic gadgets for mass distribution. We intend to continue utilizing our essential patents for GSM technologies which have resulted in previous licensing agreements with Motorola, InterDigital, Lucent, NEC, Alcatel, Ericsson, Nokia, Philips and Siemens."

Hop-on (PINKSHEETS: [ HPNN ]) develops and markets wireless phones and accessories for emerging markets and other domestic carriers and is best known for developing the world's first disposable cell phone. Currently, Hop-on is expanding into value-added services, like mobile gambling and SMS wagering. Hop-on's exclusive software will allow users to stream live interactive feed from legal jurisdictions to play poker, blackjack, roulette and baccarat on personal cell phones.

For more information, visit [ http://www.Hop-on.com ].

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.