Scottsdale, Arizona 5/6/2009 2:08:08 AM
News / Finance

Zevotek, Inc. (ZVTK.PK) Signs International Marketing and Sales Agreement

QualityStocks would like to highlight Zevotek, Inc. (PINKSHEETS: ZVTK). Zevotek is focused on helping the world become more environmentally and economically efficient. The company’s first product, the Ionic Bulb, targets the $40 billion dollar global lighting industry and offers several unique advantages over the traditional compact fluorescent light bulb. Zevotek’s products are sold by major retailers including Walgreens and Amazon.com, as well as international distributors in Russia, Poland, and the United Kingdom.

 

In the company’s news today,

 

Zevotek, Inc. was pleased to announce that it has completed an overseas marketing and sales agreement with Media Shop. The sales agreement covers the territories of Germany, Austria, Switzerland, Slovakia, Hungry, Liechtenstein, Romania, Poland and the Czech Republic.

 

The company stated, “With Media Shop’s proven sales and marketing track record we are very excited to be working with them in this endeavor. With their knowledge of the foreign countries that they have chosen to penetrate Zevotek is confident that Media Shop will generate sales exceeding the numbers that are laid out as the minimums in the contract.”

 

According to a press release issued last week, this agreement calls for 60,000 bulbs over a year period. Zevotek believes the number of bulbs this deal calls for is only a starting point as Media Shop has a strong track record and will be able to help the company gain a foothold in the growing market of energy efficient lighting.

 

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Forward-Looking Statement:

This release may contain forward-looking statements 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.