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Last updated on April 17, 2014 at 8:45 EDT

CTX Virtual Technologies, Inc. Releases First Shipment of the MiSeeTX Mini-Computer to Leading International Technology Company

April 10, 2013

BOCA RATON, Fla., April 10, 2013 /PRNewswire/ — CTX Virtual Technologies, Inc. (OTCPink: CTXV), a technology company that manufactures and distributes mobile telecommunication, virtual imaging and mobile data input accessories, today announced it has started the fulfillment of a supply order for the world’s smallest fully integrated minicomputer to one of the largest consumer electronics companies in the world. The MiSeeTx minicomputer was introduced to the public at the 2012 Consumer Electronics Show in Las Vegas to rave reviews and has been gaining steady momentum in the world of computing by showcasing the CTX state-of the-art proprietary stacking and miniaturization technology.

Clifford Rhee, CEO, stated, “We have worked very hard over the past year to make the MiSeeTx shipments possible. Now with the release of these first units we will be ramping up our manufacturing facility with a production goal of 15,000 units per month.” Rhee went on to announce the launching of its new website and electronic commerce homepage www.ctxtechnologies.com. Rhee stated, “The new website is part of CTX’s continuous advancement of our products and backroom support for e-commerce, software updates of our products and social media network. The new website allows the reader to activate 3D previews of all of our products as well as enable direct on-line ordering.”

Forward-Looking Statements — The statements made in this release may contain forward-looking information that involves risks and uncertainties. All statements, other than statements of historical facts, should be considered as forward-looking statements. Such statements are based on knowledge of the environment in which the Company currently operates, but because of risks and uncertainties, actual results may differ materially from the expectations expressed in the forward-looking statements. Important factors that may cause actual results to differ from anticipated results include, but are not limited to the results of our 2012 audit, our ability to obtain orders and fill orders on a timely basis, our ability to obtain funding as and when needed, market acceptance of new products incorporating our technologies, the success of our product design and research and development efforts, intense competition, risks of doing business in China and other foreign markets, our ability to manage growth and our ability to successfully protect and enforce our intellectual property rights. In addition, there can be no assurance that the activities to be performed under the Statement of Work with the global auto parts manufacturer mentioned above will prove successful or that a meaningful transaction with such party will result therefrom.

For more information: Contact Ed Carter at ed.carter@ctxtechnologies.com or 702-561-1790

SOURCE CTX Virtual Technologies, Inc.


Source: PR Newswire