Readen Holding Corp. (PINKSHEETS:RHCO): Yomobile Ltd. a Readen Holding Subsidiary Has Signed 400 Points of Sales With Their R...
August 20 2012 - 9:15AM
Marketwired
READEN HOLDING CORP. (PINKSHEETS:RHCO) announced today that
Yomobile Ltd. a subsidiary of Readen Holding has successfully
signed 400 new points of sales with their rack jobbing system.
In addition to their telecom product wholesale and distribution
Yomobile launched a new retail concept this May by placing mobile
phone sales cabinets.
At the present time Yomobile has signed over 400 resellers of
which 217 sales cabinets have been placed. The company forecasted
800 cabinets by the end of 2012. In each of the stores Yomobile
places a presentation sales cabinet which includes 26 models of
mobile phones. The cabinets are placed on a rack jobbing system and
is fully serviced and supplied by Yomobile's logistics and sales
operation.
Each cabinet will contain 20 single and dual SIM D5 Mobile
branded (RHCO'S private label) Bar and Smartphone's and 6 phones
from the brands Nokia, Samsung, LG and Motorola. All phones will be
supplied with free Lebara SIM cards including free EUR.15,- calling
credits. The phones will retail for prices starting at EUR.19,- to
EUR.69,-.
The companies forecast to distribute approx. 150.000 phones on
top of the company's regular distribution in the first 12 months
with an average retail price of EUR. 39,-. The extra sales revenue
for Yomobile will be approx. EUR. 2.500.000,-. Website
www.readenholdingcorp.com
www.readenholdingcorp.com
www.d5mobile.com
www.d5avenue.com
Readen Group's mission statement is to be a valuable partner for
customers in terms of technical flexibility, quality and
competitive pricing through the complete value chain (SIM cards,
mobile phones and applications).
This press release may contain forward-looking statements,
including, but not limited to, statements regarding Readen Holding
Corporation and its plans, products and related market potential.
Forward-looking statements may be identified by the use of the
words "anticipates," "expects," "intends," "plans," "should,"
"could," "would," "may," "will," "believes," "estimates,"
"potential" or "continue" and variations or similar expressions.
These statements are based upon the current expectations and
beliefs of management and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. These risks
and uncertainties include, but are not limited to, risks and
uncertainties discussed in Readen Holding Corporation's postings on
the OTC Markets Disclosure & News Service and future filings
with the Securities and Exchange Commission, which factors are
incorporated herein by reference. Readers are cautioned not to
place undue reliance on any of these forward-looking statements.
Readen Holding Corporation undertakes no obligation to update any
of these forward-looking statements to reflect events or
circumstances after the date of this press release or to reflect
actual outcomes.
Contacts: Readen Holding Corp. Ronald Steenbergen +31 3562
99970
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