DUNEDIN, Fla., Oct. 3, 2007 (PRIME NEWSWIRE) -- ISM International (Pink Sheets:ISML) signed a second LOI with IPSTORE LLC http://www.ipstore.com and IpStore is divided into Internet Products, modems and Industrial products. "The Internet Products group uses direct sales to Rural Telephone Companies (IOCs) and Hospitality Integration companies (Hotels) for xDSL and FTTH products," says Sam Little, President. "The Industrial Products group works on plant automation, special projects and product development for unique applications and solutions." We are anticipating the start of several special projects that will result in revenue for development and additional products to add to our growing product list. The company has been operating since October 2004 with projected revenue of $500k for 2007 and $1.5M for 2008. IpStore anticipates $3.5 million in revenue for the first full year following the final agreement that will take place before mid November, 2007 and is projected to sell more than $7.5 million with net profit over $4 million the second full year.
About ISM International: http://www.ism-intl.com
ISML is a consolidation of business professionals, engineers, technologists and entrepreneurs who have formed a diversified public company designed to enhance value for shareholders through innovation and technology.
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This announcement contains forward-looking statements that involve risks and uncertainty, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, domestic or global economic conditions, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in foreign countries and conditions of equity markets.