September 29, 2005 15:00 ET

Innotelco Management Returns From Successful European Trip

TORONTO -- (MARKET WIRE) -- September 29, 2005 -- INNOTELCO, Inc. (OTC: ILCO), a marketer and distributor of telecom hardware and network solutions returned to North America after concluding successful meetings with manufacturers and prospective clients.

This trip to Europe and especially to the IFA Berlin Trade Show has reinforced the company's objectives in meeting its goal to cover the southeastern European markets. The company used this opportunity to explore the idea of expanding into new areas.

Management met and held discussions with several manufacturers during the Trade Show visit. The outcome of these discussions are that Innotelco is currently negotiating two Letters of Intent for exclusive distribution rights, one with an Asian manufacturer and one with a manufacturer from the southeastern region of Europe.

"We will be conducting research into the North American market and pursue the feasibility of carrying the products manufactured from the southeastern region of Europe," said Ross Sehovic, CEO.

At the conclusion of the Trade Show, Management moved on to visit several countries and held meetings with clients.

"INNOTELCO - Building Bridges for Communication"

About Innotelco, Inc.

Innotelco is a telecom hardware supplier, specializing in servicing emerging markets looking to expand their telecommunications networks. Innotelco products range from indoor and outdoor coaxial cables and accessories to fibre optics and switching equipment.

Safe Harbor Statement

This press release contains forward-looking statements as defined in the Securities Litigation Improvements Act of 1996. The words "believe," "expect," "estimate," "project" and similar expressions define forward- looking statements, which speak only as of the date the statement was made. Innotelco, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. Forward-looking statements are currently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated in, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the Company's ability to meet its projected growth, the effects of government regulation, competition and other material risks.

Contact Information

  • Contact:
    Innotelco, Inc.
    Ross Sehovic