Innovative Product Opportunities, Inc.
OTC Bulletin Board : IPRU

December 19, 2011 07:30 ET

Innovative Product Opportunities, Inc. Submits LOI to Aerospace Company for Consideration by Board of Directors

MISSISSAUGA, ONTARIO--(Marketwire - Dec. 19, 2011) - Innovative Product Opportunities, Inc., a product development firm, (OTCBB:IPRU), submits a letter of intent to the aerospace company for approval by its board members.

Innovative has presented a letter of intent for the purchase all business, machinery, staff and complete operations of this multi-million dollar business. The manufacturing business has been operating since 1965 and last month was involved with the APXS rover mission to Mars!

CEO Doug Clark remarked, "the products created and technology to be acquired would allow us to expand our business future into the 18 billion dollar aerospace market."

Preliminary discussions are promising and expect sign back soon.

About Innovative Product Opportunities, Inc.

Innovative Product Opportunities, Inc. http://www.ipoinc.net is a product development firm organized to meet the needs of new and emerging product ideas. The company plans to identify, design, produce & assist bring to market new and innovative products for select clients. For more information visit our website at www.ipoinc.net

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)
    www.ipoinc.net