05.08.2008 13:29:00
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Medis Technologies Announces 24-7 Fuel Cell Power Pack to Be Offered in Select Best Buy and Best Buy Mobile Stores
Medis Technologies Ltd. (NASDAQ:MDTL) announced today that its
24-7 Fuel Cell Power Pack will be offered in select Best Buy and Best
Buy Mobile stores beginning this month. The 24-7 Power Pack is a
portable power system based on Medis’ Direct
Liquid Fuel Cell Technology. It is designed to keep handheld devices
operational while on the go.
The Medis 24/7 offers consumers a green alternative energy source
capable of charging an array of devices including mobile phones, smart
phones, GPS devices, MP3 players and other handheld electronic products.
Xentris Wireless will carry out the distribution functions, including
handling orders, providing packaging, product shipping and other
logistic services for the program.
"We are pleased at this opportunity to introduce our innovative Fuel
Cell Power Pack products in selected Best Buy and Best Buy Mobile stores
to their extensive customer base,” said Robert
K. Lifton, Chairman & CEO of Medis Technologies. "We
believe that working with Xentris Wireless will add the requisite
logistical capabilities to effectively implement this program.”
"Xentris Wireless is committed to offering its customers unique and
innovative products," said Chris Martinez, Vice President of Sales and
Marketing for Xentris Wireless. "Consumers are looking for alternative
energy products and we believe the Medis 24-7 Fuel Cell Power Pack is
just the type of product consumers want."
About Medis Technologies Ltd.
Medis Technologies’ primary focus is on its
fuel cell technology. Its business strategy is to sell its products to
end users through branded OEM partnerships, retail outlets, service
providers and to the military and other markets. Medis’
majority-owned and publicly traded subsidiary, Cell Kinetics Ltd., is
engaged in the development and commercialization of the CKChip, a unique
cell carrier platform intended for simultaneous fluoroscopic monitoring
and analysis of thousands of individual living cells over time.
About Xentris Wireless
Xentris Wireless is a leading manufacturer and distributor of wireless
accessories with a commitment to providing unique, innovative, and
progressive solutions that meet the growing needs of the wireless
industry. Xentris provides custom marketing, distribution, and logistics
solutions for major markets including eCommerce, wireless carriers,
mass-market retailers, and indirect channels.
This press release may contain forward-looking statements, which are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. In some cases you can
identify those so-called "forward looking
statements” by words such as "may,” "will,” "should,” "expects,” plans,” "targets,” "believes,” "anticipates,” "estimates,” "predicts,” "potential,”
or "continue” or
the negative of those words and other comparable words. These forward
looking statements are subject to risks and uncertainties, product
tests, commercialization risks, availability of financing and results of
financing efforts that could cause actual results to differ materially
from historical results or those anticipated. Further information
regarding these and other risks is described from time to time in the
Company’s filings with the SEC. We assume no
obligation to update or alter our forward-looking statements made in
this release or in any periodic report filed by us under the Securities
Exchange Act of 1934 or any other document, whether as a result of new
information, future events or otherwise, except as otherwise required by
applicable federal securities laws.
This press release is available on Medis’ web
site at www.medistechnologies.com.
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