December 11, 2009 10:57 ET
Hop-on Signs Distribution Deal With USACIG "The Electric Cigarette"™
IRVINE, CA--(Marketwire - December 11, 2009) - Hop-on, Inc. (PINKSHEETS: HPNN) has signed a
distribution agreement with USACIG, Inc., the United States manufacturer of
"The Electric Cigarette"™ and "The Electric Cigar"™.
USACIG is the only US-based manufacturer that makes the actual nicotine
cartridges/products in the US.
Hop-on will use its existing channels and go after new distribution
channels to distribute the "The Electric Cigarette" into the US market and
abroad
Peter Michaels, CEO of Hop-on, Inc., stated, "USACIG's new disposable
cigarette will retail for under $7.00 US. This new product favorably
competes with a pack of cigarettes that can cost any where from $7.00 to
10.00 in the US Markets. I believe smokers will buy one of our products,
instead of a pack of conventional cigarettes, because this product can be
smoked around others, without the safety hazards and public harassment.
Plus, the product is perceived as clearly healthier than a traditional
cigarette." Michaels also stated, "The cigarette industry is beyond huge.
When we become even marginally successful, this will be a great revenue
stream for the company and Hop-on shareholders."
Here's how it works. When a user inhales through the device, airflow is
detected by a sensor, which activates a heating element that vaporizes a
nicotine solution stored in the mouthpiece. It is this vapor that is
inhaled by the user. An LED light built on a circuit board on the opposite
end of the device is also activated during inhalation, which serves as an
indicator of use, and simulates the glow of actual burning tobacco.
The Electric Cigarette™ is an alternative to traditional tobacco
products. It is a battery-powered device providing inhaled doses of
nicotine by delivering vaporized water, propylene glycol, nicotine solution
and other
non-carcinogens. In addition to nicotine delivery, this vapor also
provides a flavor and physical sensation similar to that of inhaled tobacco
smoke, while no tobacco, smoke, or combustion is actually involved in its
operation.
USACIG, Inc. is a US-based manufacturer of "The Electric Cigarette and The
Electric Cigar"™. USACIG manufactures its cartridges in the United
States and the electronics are manufactured in China. USACIG also has
US-based doctors on its board to supervise any medical related issues or
opportunities. For more information, visit www.USACIG.com
Contact for USACIG, David Worely at info@usacig.com
About Hop-on, Inc.
Hop-on, Inc. (PINKSHEETS: HPNN) offers offer multi-media services and has
secured licensing agreements from essential patent holders for GSM, CDMA
and WIFI technologies. Since its inception, known for developing the
world's first disposable cell phone, Hop-on currently remains one of the
few U.S. based manufacturers of cellular technology committed to protection
of our intellectual property utilized by foreign entities. The company
also distributes "The Electric Cigarette" thru its distribution channels.
Forward-Looking Statements
Certain statements in this news release may contain forward-looking
information within the meaning of Rule 175 under the Securities Act of
1933, and are subject to Rule 3B-6 under the Securities Exchange Act of
1934, and are subject to the safe harbor created by those rules. All
Statements, other than statements of fact, included in this release,
including, without limitation, statements regarding potential future plans
and objectives of the company, are forward-looking statements that involve
risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and other results and further events could differ
materially from those anticipated in such statements. Future events and
actual results could differ materially from those set forth in,
contemplated by, or underlying the forward-looking statements.