Lidingö 2008-06-05


Strong growth in orders for CellPoint’s new products!

With the launch of the new Flamingo Music and Flamingo Mobile stereo earphones, which are targeted against iPods, MP3 players, iPhones and other multimedia mobile phones, and intense sales activities over the last few months, CellPoint has experienced a strong growth in incoming orders.

The orders have come from both new and existing channels in North America and Europe, but the largest increase is being seen in the Asia-Pacific region from new customers.  CellPoint anticipates this region will be a key contributor to growth in the future.

 

The company’s order backlog is now more then 150 000 units, with a value of over $7 million USD.

 

The fact that the new Flamingo products, in the next few months, will be introduced by professional local partners within these large markets creates a very positive indication for CellPoint’s growth potential in the coming years.

 

For more information, contact:

 

Michael Mathiesen

Chairman

CellPoint Connect AB

+45 4045 3332

michael.mathiesen@cellpoint.com  

 

 

CellPoint Connect AB (publ) develops, manufactures and markets the Flamingo Bluetooth Headset, a wireless headset using patent-pending EarClick²™ technology for a comfortable fit as well as the nXZEN and nX6000 headsets with extreme ”noise cancellation” technology. All products are compatible with Bluetooth devices such as mobile phones and computers. Recently, CellPoint has launched two wired headsets, Flamingo Music and Flamingo Mobile, which are compatible with iPod’s, MP3 players and iPhone’s and other leading multimedia mobile phones. CellPoint has offices in Sweden, Denmark, Norway, China, Canada and the USA serving markets throughout Europe, North America, Latin America and Asia. CellPoint is listed on Stockholm’s AktieTorget (www.aktietorget.se) with the following ticker symbol: CPNT. More information can be found at www.cellpoint.com

 

 

Disclaimer

This document may contain forward-looking statements relating to CellPoint’s operations or to the environment in which it operates, and CellPoint’s strategy, litigation and investments, which are based on CellPoint’s operations, estimates, forecasts and projections.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond CellPoint’s control.  A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements.  These factors include those set forth in other public filings.  Consequently, readers should not place any undue reliance on such forward-looking statements.  In addition, these forward-looking statements relate to the date on which they are made. CellPoint disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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