CTX Virtual Technologies, Inc. Announces a Marketing Representation with a Strategic Partner for the Interactive Multi-Touch ...
27 September 2011 - 12:00PM
Business Wire
CTX Virtual Technologies, Inc. ("CTXV" or the "Company")
(Pinksheets: CTXV - News), announced today that it has entered into
a marketing representation agreement with a strategic partner based
in Taiwan for the sales and distribution of their interactive
multi-touch products for North America. The proprietary interactive
touch solution products have a wide range of applications in the
education and sales sector along with design commonality with the
CTX virtual projection platform. The company plans to launch the
products at the upcoming Consumer Electronic Show (CES) in January
2012.
Clifford M. Rhee, CEO, stated, "We have determined that there
exist significant sales synergies to offer the multi-touch
solutions to our existing and target clients, which should result
in an increase in our 2012 earnings and revenues.”
CTX Virtual Technologies, Inc.
CTX Virtual Technologies, Inc., through its subsidiaries, is a
virtual telecommunications technology company with facilities in
the U.S., China, Canada, and Korea. For more information about the
Company, please visit the Company's web site at
www.ctxtechnologies.com.
Forward-Looking Statements - The statements made in this release
that are not historical facts contain forward-looking information
that involves risks and uncertainties. All statements, other than
statements of historical facts, which address CTX’s expectations,
should be considered as forward- looking statements. Such
statements are based on knowledge of the environment in which CTX
currently operates, but because of risks and uncertainties, actual
results may differ materially from the expectations expressed in
the forward-looking statements. Important factors that may cause
actual results to differ from anticipated results include, but are
not limited to our ability to obtain orders and fill orders on a
timely basis, our ability to obtain funding as and when needed,
market acceptance of new products incorporating our technologies,
the success of our product design and research and development
efforts, intense competition, risks of doing business in China and
other foreign markets, our ability to manage growth and our ability
to successfully protect and enforce our intellectual property
rights.
CTX Virtual Technologies (CE) (USOTC:CTXV)
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