Business & Finance
Business and Finance
Business and Finance
Fri, July 24, 2009
Thu, July 23, 2009 CelLynx Group, Inc.: CelLynx 5BARz "Road Warrior" Mobile Device Reaches Commercial Production
MISSION VIEJO, CA--(Marketwire - July 23, 2009) - CelLynx Group, Inc. (
Additionally, the 5BARz Road Warrior device has recently been tested by an independent lab and approved by the U.S. Federal Communications Commission (FCC). The device is now ready for sale in the United States.
CelLynx's contract manufacturers have already scaled up their Road Warrior manufacturing component inventory and are beginning to fulfill the Company's previously announced order for 10,000 devices from Repeaterstore.com, the largest online retailer specializing in wireless signal amplification devices. Delivery of the initial shipment of 5BARz Road Warriors is expected to commence in August.
Previously known under the working name of "Universal Unit," the Company has re-named its first commercial product in its breakthrough 5BARz product line, the "Road Warrior," to reflect its exceptional performance, durability and mobility. The 5BARz Road Warrior offers outstanding plug 'n play cell signal boosting performance in its primary mobile-vehicular use and, with its 110V power adapter, is also designed to provide robust single-room coverage -- when combined with Bluetooth® -- for use in office, hotel room, or home.
"Shipment of this initial pilot production run of Road Warriors marks a historic day in CelLynx history," said Daniel Ash, CelLynx president and chief executive officer. "After years in R&D and through the most challenging economic environment a company could face in over 70 years, it is gratifying to complete the commercialization process and we look forward to the successful launch of an innovative, next generation product for which we believe there is a vast and growing global demand."
"It is important to note," Mr. Ash added, "that in the several years since our 5BARz product line has been in R&D and pre-commercialization, the weak cell signal, 'you're breaking up,' dropped-call issue that plagues everyone on the road, in the office and at home -- has not been resolved. Quite the contrary, for most of us it has only become worse as radio frequency (RF) crowding creates greater RF interference, and growing bandwidth hungry cellular device applications require higher levels of connectivity. CelLynx's breakthrough, patent-pending 5BARz solution is the right product line at the right time."
About CelLynx Group, Inc.
Headquartered in Mission Viejo, California, CelLynx produces and markets breakthrough plug 'n play cell phone signal amplification technology. (See [ www.cellynx.com ]). This next generation product, CelLynx 5BARz™ Road Warrior, is the first single piece device that strengthens weak cellular signals to deliver higher quality signals for voice, data and video reception on cell phones being used indoors or in vehicles.
Unlike competing technologies, CelLynx's patent pending 5BARz technology does not require any installation, outside antennas or cables. It capitalizes on widespread customer dissatisfaction with indoor and vehicular cell phone coverage, and on the phenomenal worldwide growth of voice, data and video applications on cellular networks.
Forward-Looking Statement
This news release includes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ include without limitation: the Company's limited operational history; requirement for and ability to raise capital; market acceptance of the Company's products; dependence on suppliers, third party manufacturers and other key vendors or partners; dependence on key personnel; continued enforceability of patent and trademark rights; and competition.
These risk factors are set forth in the Company's Form 8-K filed with the U.S. Securities and Exchange Commission on July 30, 2008 and may be covered in subsequent filings with the SEC. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as of the date of this press release. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
