iGo(R) Expands U.S. Distribution Network With More Than 600 New Locations
iGo Chargers Now Available at US Cellular, Cricket, hhgregg, Fry's Electronics and Micro Center
| Source: iGo
SCOTTSDALE, AZ--(Marketwire - June 4, 2009) - iGo (NASDAQ : IGOI ), a leading provider of
innovative portable power solutions,
today announced the continued expansion of the distribution network for its
eco-friendly
chargers for laptop computers and mobile electronic devices. In
addition to finding the company's wide array of multi-device chargers at www.iGo.com, consumers will now be able to
easily find iGo products at more than 600 new retail and wireless carrier
stores across the country.
iGo chargers are now available at the following new locations:
-- US Cellular, the nation's fifth largest full-service wireless carrier. Following a successful
trial, iGo chargers have been rolled out to 200 US Cellular locations.
-- Cricket, the nation's eighth largest wireless carrier. Cricket has rolled out iGo
chargers to its entire network of approximately 250 stores.
-- hhgregg, a specialty retailer of consumer electronics, home appliances,
mattresses and related services. iGo chargers are currently available in
111 hhgregg stores in Alabama, Florida, Georgia, Indiana, Kentucky, North
Carolina, Ohio, South Carolina and Tennessee.
-- Fry's Electronics, a specialty retailer of consumer electronics. iGo
chargers are currently on the shelf at 34 Fry's Electronics stores in
California, Texas, Arizona, Georgia, Illinois, Indiana, Nevada, Oregon and
Washington.
-- Micro Center, a specialty retailer of computers and consumer
electronics. Twenty-one Micro Center stores nationwide now feature iGo
chargers.
"We are very pleased with the progress of our efforts to broaden and
diversify our distribution network," said Michael D. Heil, Chief Executive
Officer of iGo. "The addition of these regional and national electronics retailers and wireless carriers to our distribution
network allows us to bring the iGo value proposition to a broader array of
consumers and business travelers. The expanded distribution network also
creates a strong foundation for launching our new family of iGo Green™
Technology products later this year."
The iGo Green™
Technology product line, featuring the first green laptop
charger, a surge protector and a wall outlet, will automatically use
85% less standby power than standard power products.
About iGo, Inc.
iGo, Inc., based in Scottsdale, Arizona, is a developer of eco-friendly
chargers for laptop computers and mobile electronic devices (e.g., mobile
phones, PDAs, digital cameras, etc.). All of these chargers leverage iGo's
intelligent tip technology, which significantly minimizes electronic waste
by enabling one charger to power/charge hundreds of brands and thousands of
models of mobile electronic devices through the use of interchangeable
tips. iGo is also the creator of a new, innovative patent-pending power
saving technology that automatically eliminates virtually all wasteful and
expensive standby or "vampire" power that is generated from chargers that
continue to draw electricity when a mobile electronic device no longer
requires charging or is disconnected from the charger.
iGo's products are available at www.iGo.com as well as through leading
resellers and retailers. For additional information call 480-596-0061, or
visit www.igo.com.
iGo is a registered trademark of iGo, Inc. All other trademarks or
registered trademarks are the property of their respective owners.
This press release contains "forward-looking statements" within the meaning
of Section 21E of the Securities Exchange Act of 1934. The words
"believe," "expect," "anticipate," "should," and other similar statements
of expectations identify forward-looking statements. Forward-looking
statements in this press release include statements regarding the launch of
iGo Green Technology products later this year. These forward-looking
statements are based largely on management's expectations and involve known
and unknown risks, uncertainties and other factors, which may cause the
Company's actual results, performance or achievements, or industry results,
to be materially different from any future results, performance or
achievements expressed or implied by these forward-looking statements.
Risks that could cause results to differ materially from those expressed in
these forward-looking statements include, among others, the Company's
revenues and value could be materially impacted by the loss of major
customer relationships; the inability of the Company's sales and marketing
strategy to generate broader consumer awareness, increased adoption rates,
or impact sell-through rates at the retail and wireless carrier level; the
timing and success of product development efforts and new product
introductions, including internal development projects as well as those
being pursued with strategic partners; the timing and success of product
developments, introductions and pricing of competitors; the timing of
substantial customer orders; the availability of qualified personnel; the
availability and performance of suppliers and subcontractors; the ability
to expand and protect the Company's proprietary rights and intellectual
property; the successful resolution of unanticipated and pending litigation
matters; market demand and industry and general economic or business
conditions; and other factors to which this press release refers.
Additionally, other factors that could cause actual results to differ
materially from those set forth in, contemplated by, or underlying these
forward-looking statements are included in the Company's Annual Report on
Form 10-K for the year ended December 31, 2008 under the heading "Risk
Factors." In light of these risks and uncertainties, the forward-looking
statements contained in this press release may not prove to be accurate.
The Company undertakes no obligation to publicly update or revise any
forward-looking statements, or any facts, events, or circumstances after
the date hereof that may bear upon forward-looking statements.
Additionally, the Company does not undertake any responsibility to update
you on the occurrence of unanticipated events which may cause actual
results to differ from those expressed or implied by these forward-looking
statements.