HONG KONG,
Feb. 1 /PRNewswire/ - Kunekt
Corporation (OTCQB: KNKT), creator of the Kunekt global brand of
affordably priced, quality mobile devices, primarily smartphones
and tablets, today announced the following corporate update.
Advisory Board
Mark Bruk,
president of Kunekt reported that the company is forming an
advisory board whose function will be to assist the company in
executing its business plan to design, build and market affordably
priced, quality mobile devices in developing and developed
countries, starting with China and
India. The Advisory Board members
will focus initially on establishing the company's operations in
China and developing distribution
of its mobile devices.
"We have identified a group of advisors who have
the on-the-ground experience in China needed to realize our plan with utmost
speed," said Bruk. "Over the next two weeks, we intend to announce
all of the Board's initial members and I believe that we have
identified a group of individuals who have the relationships and
know-how that will enable Kunekt to successfully bring our products
to market in China. In addition,
some of the Board members have the global connections necessary to
advance our marketing efforts for our products in other developing
and developed countries."
Shenzhen Sales office
We have located and now expect to execute the
lease for our new Shenzhen sales
office on or about February 11, 2011,
after the Chinese New Year holiday
season has come to a close. The office is approximately 2,600
square feet and is located in the Shenzhen High-Tech Industrial
Park ("SHIP"), where electronic communication products account for
98% of SHIP's total output. "We plan to have a team of experienced
mobile device salespeople in the office by late February, expanding
that team to about 10 persons through April of this year," said
Bruk.
About Kunekt
Kunekt Corp. (OTCQB: KNKT) is a U.S. publicly
traded company focused on designing, building and marketing mobile
phones as well as smartphones and tablets powered by Google's
Android mobile operating system. The company's mission is to build
a globally recognized brand in the mobile device market and deliver
smart phones and tablets at prices that are a fraction of the
industry leaders.
For more information about Kunekt and to sign up
for email updates, visit www.kunekt.com and follow the company on
Twitter and Facebook.
Investor Relations
Andrew J. Barwicki
Barwicki Investor Relations Inc.
Telephone: +1-877-4-KUNEKT (+1-877-458-6358)
Email: ir@kunekt.com
Public Relations/Media
Richard Stern
Stern & Co.
Telephone: +1-212-888-0044
Email: pr@kunekt.com
Digital Strategies
ProActive Capital Resources Group LLC
Telephone: +1-212-828-7373
Email: ds@kunekt.com
Forward-Looking Statements
This news release contains "forward-looking
statements". Statements in this news release, which are not purely
historical, are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future, such as the following: (1) the forming of an
advisory board; (2) that the advisory board will assist Kunekt's
management in executing its business plan; (3) that the advisory
board members will focus initially on establishing Kunekt's
operations in China and developing
distribution of its mobile devices; (4) that Kunekt's management
has identified a group of advisors who have the on-the-ground
experience in China needed to
realize the company's plan with utmost speed; (5) that Kunekt has
identified a group of individuals who have the relationships and
know-how that will enable Kunekt to successfully bring its products
to market in China; (6) that some
of the advisory board members have the global connections necessary
to advance Kunekt's marketing efforts for its products in other
developing and developed countries; (7) that Kunekt's management
has located and expects to execute a lease for a Shenzhen sales office on or about February 11, 2011; (8) that Kunekt plans to have
a team of experienced mobile device salespeople in the office by
late February; (9) that Kunekt will expand that team to about 10
persons through April of this year; and (10) that Kunekt intends to
launch a quality brand of mobile devices. It is important to note
that actual outcomes and Kunekt's actual results could differ
materially from those in such forward-looking statements. Actual
results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among
others: (1) an inability of Kunekt to effectively break into the
Chinese market; (2) a failure to close the definitive agreements;
(3) an inability to evolve the businesses of the different
companies into a singular group; (4) the ability of Kunekt to
design, manufacture and market mobile phones, smartphones and/or
tablets at all and at a price less than the industry leaders; (5)
Kunekt's ability to remain competitive as other parties develop and
release competitive products; (6) Kunekt 's ability to engage
reliable companies to manufacture mobile phones, smartphones and
tablets; (7) the ability of Kunekt to establish a recognized and/or
global brand for its mobile phones, smartphones and tablets; (8)
the success by Kunekt of the sales of its current and new products;
(9) the impact of technology changes on Kunekt's products and on
the industry; (10) general economic conditions as they affect
Kunekt and its current and prospective customers, including a
continued downturn in general economic conditions internationally;
(11) the ability of Kunekt to control costs operating, general
administrative and other expenses; the ability of Kunekt to locate
and hire experienced mobile device salespeople; and (13)
insufficient investor interest in Kunekt's securities which may
impact on its ability to raise additional financing as
required.
Readers should also refer to the risk
disclosures outlined in Kunekt's quarterly reports on Form 10-Q,
annual reports on Form 10-K and Kunekt's other disclosure documents
filed from time-to-time with the SEC at www.sec.gov and available
on Kunekt's investor relations website at www.kunekt.com.
All information provided in this release is as
of February 1, 2011, and Kunekt
Corporation undertakes no duty to update this information.
Google and Android are the registered trademarks
of Google. Facebook and Twitter are trademarks or registered
trademarks of their respective owners.
SOURCE Kunekt Corporation
Copyright b. 1 PR Newswire