Innovative Product Opportunities, Inc. Negotiating to Purchase Automated Tracking Company
February 21 2014 - 8:08AM
Marketwired
Innovative Product Opportunities, Inc. Negotiating to Purchase
Automated Tracking Company
HUNTINGTON BEACH, CA--(Marketwired - Feb 21, 2014) - Innovative
Product Opportunities, Inc., a product development firm (OTCBB:
IPRU) (OTCQB: IPRU), is in talks to acquire an established
automated target tracking company specializing in the stage,
lighting, event and exhibition industries.
Innovative is reviewing the company with intentions to sign a
LOI for their systems which can be used for tracking targets or
performers utilizing robotic lighting and video projectors.
CEO Doug Clark remarked, "This opportunity is a huge leap
forward for us into the exciting field of stage, TV and
exhibitions. The opportunities for these products are huge and
could very well revolutionize the entertainment production
industry."
About Innovative Product Opportunities, Inc.
Innovative Product Opportunities, Inc. http://www.ipoinc.net is
a product development firm organized to meet the needs of new and
emerging product ideas. The company plans to identify, design,
produce & assist bring to market new and innovative products
for select clients. For more information visit our website at
www.ipoinc.net.
This press release contains forward-looking statements that
involve a number of risks and uncertainties. Any statement not
regarding a historical fact is a forward-looking statement.
Important factors that could cause actual results to differ
materially from those indicated by such forward-looking statements
include, but are not limited to, the company's ability to finance
its planned expansion efforts; the company's ability to raise funds
on acceptable terms; the company's ability to successfully adapt
its business model and such other risks disclosed from time to time
in the company's reports filed with the securities and exchange
commission including those on the company's annual report on form
10-K. The company does not intend to update any of the
forward-looking statements after the date of this document to
conform these statements to actual results or to changes in
management's expectations, except as required by law.
Contact: Innovative Product Opportunities, Inc. Investor
Relations 347-789-7131 (New
York) www.ipoinc.net
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