TEMECULA, Calif., May 20, 2011 /PRNewswire/ -- Hop-on, Inc.
(HPNN.PK) announced today that The Food and Drug Administration is
going to regulate electronic cigarettes as tobacco products and
won't try to regulate them under stricter rules for drug-delivery
devices. The FDA said in a letter to stakeholders last week that it
intends to propose rule changes to treat electronic cigarettes the
same as traditional cigarettes and other tobacco products.
Hop-on is also in the process of updating its filings on the
Pinksheets. This process will take approximately 15 days.
Peter Michaels, CEO of Hop-on,
"Since the FDA is going to regulate our products like Big Business
Tobacco Companies, we are a US manufacturer and at the end of the
day our products will say 'Made in the USA.' This will give us a distinct competitive
advantage over foreign distributors."
About Hop-on, Inc.
Hop-on, Inc. (http://www.hop-on.com) is a leading international
manufacturer of electronics. Since the company's inception, it has
been known for developing the world's first $10 disposable cell phone. Today, Hop-on remains
one of the few U.S. based manufacturers of cellular technology. The
Company currently develops and manufactures electronic cigarettes
and cigars for distributors throughout the U.S. and
internationally. Hop-on also offers multi-media services and has
secured licensing agreements from essential patent holders for GSM,
CDMA and WIFI technologies.
Forward-Looking Statements:
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.
Hop-on:
Danny Coleman
1-949-756-9008
Email Contact: contact@Hop-on.com
SOURCE Hop-on, Inc.