TORONTO, Aug. 25, 2005 (PRIMEZONE) -- Innotelco, Inc. (Pink Sheets:ILCO), a marketer and distributor of telecom hardware and network solutions, announced today that CEO Ross Sehovic and Vice President of Sales and Marketing Radomir Popovic have begun a three-week tour of Europe, which will include attending Berlin's IFA Trade Show. IFA Berlin 2005, which runs from September 2-7, is one of the world's largest consumer and electronics venues.
"We will be attending this trade show under the invitation of our manufacturer and we will use this opportunity to gather and expand our sales network," said Ross Sehovic, CEO.
After attending IFA 2005, management will continue their sales tour throughout Southeastern Europe. In order to favorably position the Company for the fall/winter procurement season, Innotelco will be meeting with public and private officials in Croatia, Serbia, Montenegro, Macedonia, Slovenia and possibly Hungary and Austria.
"We are using this trip to connect with our distributors who have lined up meetings on our behalf with prospective customers and officials in regard to possible contracts. This tour is a precursor to our trip to China in October, and we feel confident that it will yield positive results," said Ross Sehovic.
"INNOTELCO -- Building Bridges for Communication"
About Innotelco, Inc.
Innotelco is a telecom hardware supplier, specializing in servicing emerging markets looking to expand their telecommunications networks. Innotelco's products range from indoor and outdoor coaxial cables and accessories to fibre optics and switching equipment.
Safe Harbor Statement
This press release contains forward-looking statements as defined in the Securities Litigation Improvements Act of 1996. The words "believe," "expect," "estimate," "project" and similar expressions define forward-looking statements, which speak only as of the date the statement was made. Innotelco, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. Forward-looking statements are currently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated in, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the Company's ability to meet its projected growth, the effects of government regulation, competition and other material risks.