CTX Virtual Technologies, Inc. Has Been Awarded by the Chinese Government to Supply Electronic Walking Aid for the Blind
2013年12月18日 - 2:48AM
Marketwired
CTX Virtual Technologies, Inc. Has Been Awarded by the Chinese
Government to Supply Electronic Walking Aid for the Blind
BOCA RATON, FL--(Marketwired - Dec 17, 2013) - CTX Virtual
Technologies, Inc. (OTC Pink: CTXV), a technology company that
manufactures and distributes mobile telecommunication, virtual
imaging and mobile data input accessories, today announced the
signing of a supply contract with Chinese Government procurement
bureau to supply CTX developed Electronic Walking Aid for the
blind. The 5 year supply agreement calls for annual supply of
170,000 units of Electronics Walking Aid complete with Obstruction
sensor, GPS locator and SOS emitter. The total order is worth $10.6
million USD per annum and will run for 5 years.
Clifford Rhee, CEO, stated, "This new government contract is
another example of CTX's commitment to the development of new
product applications. A special mention goes to our hard working
sales team and application engineering group for achieving this
successful outcome throughout the tendering process."
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. 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.
For more information: Contact Ed Carter
ed.carter@ctxtechnologies.com 702-561-1790
CTX Virtual Technologies (CE) (USOTC:CTXV)
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