Innovative Product Opportunities, Inc.
OTCBB : IPRU

Innovative Product Opportunities, Inc.

March 01, 2012 08:00 ET

Innovative Product Opportunities, Inc. Signs License Agreement/Lincoln Salazar Joins the Company

ORANGE COUNTY, CALIFORNIA--(Marketwire - March 1, 2012) - Innovative Product Opportunities, Inc., a product development firm, (OTCBB:IPRU), has signed a License Agreement with Cigar & Spirits Magazine.

The agreement grants Innovative the right to market the products including but not limited to the sales, promotion, and advertising vehicles of the Magazine.

CEO Doug Clark remarked, "The agreement to work with Cigar & Spirits Magazine will not only point the company in a solid new direction, it allows us to build off the momentum Lincoln Salazar and his team have made recently."

President/Publisher of Cigar & Spirits Magazine, Lincoln Salazar commented, "I am excited to join the Innovative Product team and look forward to the added growth it will bring to our company and shareholders."

About Innovative Product Opportunities, Inc.

Innovative Product Opportunities, Inc. is a product development firm organized to meet the needs of new and emerging product ideas. The company has signed a license agreement with Cigar & Spirits Magazine and plans to grow its advertising and distribution. For more information visit our website at www.ipoinc.net and www.CigarandSpirits.com.

This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company's ability to finance its planned expansion efforts; the company's ability to raise funds on acceptable terms; the company's ability to successfully adapt its business model and such other risks disclosed from time to time in the company's reports filed with the securities and exchange commission including those on the company's annual report on form 10-K. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management's expectations, except as required by law.

Contact Information

  • Innovative Product Opportunities, Inc.
    Investor Relations
    347-789-7131 (New York)

    Lincoln B. Salazar
    President/Publisher
    949-716-5156 (California)