QUAN Forms Joint Venture to Enter $2.3 Billion iPad Accessories Market
HOUSTON--(BUSINESS WIRE)-- Quantum International Corp. (OTCBB: QUAN), a growing technology company, announced today that it signed a joint venture agreement with A Plus Technologies to develop and market a new line of electronic lifestyle enhancement technologies, including accessories for popular gadgets like the Apple (Nasdaq: AAPL ) iPad.
The global market for iPad accessories is growing at an astonishing rate due to the device’s paradigm-shifting popularity. Currently, there are more than 117 million iPad owners worldwide, and the market for accessories is worth $2.3 billion and climbing.
Capitalizing on that growth will be the new joint venture’s primary challenge. Its first priority will be the production of a working prototype of Quantum’s advanced, all-in-one accessory for the Apple iPad. By engineering a solid, protective case capable of enhancing the popular tablet’s memory, battery life, connectivity and more, the new joint venture plans to create an accessory desired by every iPad owner on the planet.
“In the iPad, Apple has made a terrific tablet, but it’s far from perfect,” said Quantum CEO Robert Federowicz. “Perfection of the iPad is our goal with this product that we’re working on. We’re going to take it to a new level of portable functionality.”
For more information on Quantum International’s technology initiatives, please visit www.quantuminnovators.com/investors.html.
Quantum International Corp. is working to develop the next generation of mobile and automation technologies to compete in a booming global industry alongside Intuitive Surgical, Inc. (NasdaqGS: ISRG), iRobot Corporation (NasdaqGS: IRBT) and Dover Corp. (NYSE: DOV ) .
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About Quantum International Corp.
Quantum International Corp. (OTCBB: QUAN) is a robotics innovation company working to commercialize the next generation of sophisticated, automated technology. The Company is positioning itself to develop, deliver and market the most cutting-edge innovations in robotics in order to leverage the worldwide demand for the precision, speed, and cost-effectiveness these technologies offer.
For more information about Quantum International Corp., please visit www.quantuminnovators.com.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Quantum International Corp.
Robert Federowicz, 832-308-1260
President and CEO
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