Cyberhand Announces Distribution Deal With VisionPoint of Australia Valued at $200,000 Monthly
Posted on: Wednesday, 31 August 2005, 18:00 CDT
Cyberhand Announces Distribution Deal With VisionPoint of Australia Valued at $200,000 Monthly
CALGARY, Alberta, Aug. 31, 2005 (PRIMEZONE) -- Cyberhand Technologies International, Inc. (Pink Sheets:CYHD), a leading computer peripheral design company specializing in innovative wireless ergonomic products for private and military purposes, announced that it has signed a distribution agreement with VisionPoint Pty. Limited of Australia.
VisionPont has agreed to distribution of Cyberhand's self-branded wireless infrared keyboards to customers in Australia, New Zealand and Asian Rim Countries. Initial independent market testing by VisionPoint indicates their channel would require initially a minimum 5,000 units per month with the potential for growth. This contractual opportunity coupled with its close proximity to Cyberhand's Chinese manufacturing plants could potentially represent a substantial and extremely profitable revenue stream for Cyberhand and could develop into a marketing cornerstone for the Canadian company. Cyberhand has delivered the contract's initial stocking order.
"We believe Cyberhand's agreement with VisionPoint positions Cyberhand to take advantage of the growing appetite for high performance adaptable keyboards for PDAs and Smart Phones," stated Mike Burke, President of Cyberhand Technologies. "Cyberhand, with the unique value and performance of the CT4700 series of keyboards, should enhance and speed VisionPoint's market share dominance in the marketplaces of Australia, New Zealand and Asia."
About Cyberhand Technologies International, Inc.
Cyberhand Technologies International, Inc. is a leading computer peripheral design company specializing in innovative wireless ergonomic products for private and military purposes. The company designs, manufactures, markets and sells leading edge consumer electronics devices that feature innovative ergonomic designs, advanced software development and technologies that are far superior to other products in the market.
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
For further information, please visit www.cyberhand.com.
CONTACT: Cyberhand Technologies International, Inc. Christopher Todd, Investor Relations (888) 514-6755
Brad Kitchen, Corporate Information (604) 737-1015 Brad.Kitchen@cyberhand.com
Copyright © 2005 PrimeZone Media Network, Inc.
Source: PrimeZone Media Network
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