SOURCE: Innovative Product Opportunities, Inc.
HUNTINGTON BEACH, CA--(Marketwired - May 7, 2014) - Innovative Product Opportunities, Inc., a product development firm (OTC Pink: IPRU) (PINKSHEETS: IPRU), has appointed Nadav Elituv as president. Mr Elituv will guide us through our next stage of development as we establish our company as a leader in the specialized stage, lighting, event and exhibition industries.
We have great confidence in Mr. Elituv's experience in leading with our day to day operations as president. He is a seasoned veteran of the automated motion industry.
CEO Doug Clark remarked, "The opportunities ahead are limitless with our new direction. Mr. Elituv, with his years of experience, is a great asset to IPRU. I look forward to the opportunities to take Innovative Product Opportunities to the next level in the entertainment production industry."
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.