Cenuco Signs Distribution Agreement With InfoSonics BOCA RATON, Fla., July 13 /PRNewswire-FirstCall/ -- Cenuco, Inc., (AMEX:ICU) announced today that it has signed a distribution agreement with InfoSonics Corporation, (AMEX:IFO) of San Diego, CA. The agreement provides for InfoSonics to distribute Cenuco's complete line of wireless remote video monitoring and data systems products in the United States and Latin America. Steven Bettinger, president of Cenuco, said, "InfoSonics offers a strong knowledge and creative solutions on cellular products and cost effective measures for inventory management. Their proprietary information system is state of the art, which offers customers extensive reporting on inventory management, billing, and shipment documentation. Because InfoSonics' supports carrier networks including Verizon, Cingular, T-Mobile, and Sprint as well as regional U.S. and Latin American carriers, it offers Cenuco a huge universe of potential customers." Wireless data services are expected to grow 50% this year to $4.2 billion and are anticipated to reach $5.5 billion by 2009. Projections suggest that wireless mobile video services, such as those provided by Cenuco, will account for almost 15% of that wireless data revenue. By comparison, voice services may reach $97 billion this year, but that represents a growth rate of only 1% over last year. In addition, cellular carriers need a new revenue source as their minute pricing wars continue. Joseph Ram, Chief Executive Officer of InfoSonics, said, "Cenuco's wireless video monitoring solutions allows users to view real-time streaming video of security cameras at their home or place of business from anywhere they receive a cellular connection, regardless of the carrier or user's location. Their systems are also delivered with a password protected PC desktop client, which allows for single click access to any remote camera, management of user accounts, and review previously recorded archived video. This total package of services and technology is currently unique in the marketplace, and both sides will benefit from this agreement." "By offering this new service to our carrier clients, InfoSonics is increasing their package of services and providing them with a new revenue stream. This will help our clients to attract and retain customers. It also keeps us at the forefront of new product offerings which we anticipate to be a key component of our success in the coming years," Ram added. About Cenuco Founded in 1993, Cenuco, Inc. is a pioneer in wireless remote video monitoring and data systems for the security, government and retail markets. The Company specializes in the development and integration of next-generation wireless video and data technologies for specific industry, government and individual consumer needs. Cenuco's technologies are patent pending and are also available through Federal GSA contract number GS-04F-0025N. Please visit http://www.cenuco.com/ for additional information. About InfoSonics InfoSonics is one of the largest distributors of wireless handsets and accessories in the United States and Mexico, and also distributes products in other portions of North, Central and South America. For the wireless telecommunications industry, InfoSonics provides flexible and cost effective solutions including; purchasing, marketing, selling, warehousing, order assembly, programming, packing, shipping, and delivery. InfoSonics supports the manufactures in moving their products to agents, resellers, distributors, independent dealers and retailers and wireless network operators in the U.S. and Latin America. For additional information, please visit http://www.infosonics.com/. Certain statements contained herein may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, 21E of the Exchange Act of 1934 and/or the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, statements regarding business plans, future regulatory environment and approval, and the Company's ability to comply with the rules and policies of independent regulatory agencies. Although the Company believes the statements contained herein to be accurate as of the date they were made, it can give no assurance that such expectations will prove to be correct. The Company undertakes no obligation to update these forward-looking statements DATASOURCE: Cenuco, Inc. CONTACT: Steve M. Bettinger, President of Cenuco, Inc., +1-561-997-2602; Cheryl Schneider, VP ? Investor Relations, Margarerit Drgos, VP ? Media Relations, or Jeff Myhre, VP ? Editorial, all of Porter, Le Vay & Rose, Inc., +1-212-564-4700 Web site: http://www.cenuco.com/ http://www.infosonics.com/

Copyright

Cenuco (AMEX:ICU)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Cenuco.
Cenuco (AMEX:ICU)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Cenuco.