LEVEL Vision Electronics' Sales Continue to Climb With Recent $1.8 Million Purchase Order
February 27 2009 - 9:30AM
Marketwired
LEVEL Vision Electronics Ltd. (PINKSHEETS: LVLV) today announced
that its sales continue to climb despite current economic
conditions and has confirmed a purchase order for US $1.8 Million
dollars from one of the largest Telcos in Latin America.
LEVEL Vision Electronics Ltd. has been negotiating and
homologating products for the Telco's logistics company since the
beginning of 2008. The company's identity and information will be
released shortly in an upcoming mutual press release. LEVEL also
anticipates forecasted orders in 2009 for this region to be
released shortly.
"This region represents a great opportunity for us to fulfill a
segment of the industry left practically untouched by most
competitors. Our unique Model of handset customization and working
hand-in-hand with the Telcos is really giving us a phenomenal
edge," said Jean-Francois Lefebvre, Vice-President of LEVEL Vision
Electronics Ltd.
About LEVEL Vision Electronics
LEVEL Vision Electronics is an ODM / OEM (designer and
manufacturer) of consumer electronics (mainly Wireless Handsets)
primarily concentrating on the world's emerging markets. Through
its Unique Business Model, LEVEL works hand-in-hand with the Telcos
to customize the products to their specific targeted market
requirements.
Our current products can be found online at
www.levelelectronics.com and our upcoming related software products
are currently under development.
Important Information About Forward-Looking Statements
All statements in this news release that are other than
statements of historical facts are forward-looking statements,
which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking
statements by using words such as "anticipates," "believes,"
"could," "expects," "intends," "may," "should" and other similar
expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give
no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause
those results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such
factors include our limited operating history; our need for
significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and
strategic partners; our ability to achieve and maintain
profitability; fluctuations in the trading price and volume of our
stock; competition from other providers of similar products and
services; and other unanticipated future events and conditions.
Contact: Alexander Coriaty Public Relations Manager LEVEL Vision
Electronics Ltd. acoriaty@levelelectronics.com 514-993-1780 Canada
561-283-1780 USA
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