IRVINE, CA--(MARKET WIRE)--Dec 4, 2008 -- Hop-on (Other OTC:HPNN.PK - News) announced that it will be launching its new Casino Wagering Software on an open "Android Platform" device at the Consumer Electronic Show, in Las Vegas, January 2009. This phone including the software will be sold for under $200.
From High Beam Research: "The Bets are on Mobile Gambling: Worldwide Revenues Forecasted to Reach $16 Billion According to Alexander Resources." Further, "2008 has been an encouraging year for a number of mobile gambling service providers, with many seeing total wager increasing by more than 100%. That said, the rollout of such services has been limited to a few key markets, most notably the UK."
The Open Handset Alliance, which supports the Android Platform, was established in November 2007, with over 30 members including mobile handset makers, application developers, some mobile carriers, chip makers, and led by Google (NasdaqGS). Nokia, AT&T and Verizon Wireless are not members of the Alliance. Android, the flagship software of the Alliance, is based on an open source license and will compete against other mobile platforms developed independently for their particular handsets, now with the open platform Hop-on will reap the benefits of the source code.
The Alliance share a common goal of fostering innovation on mobile devices and giving consumers a far better user experience than much of what is available on today's mobile platforms. By providing developers a new level of openness that enables them to work more collaboratively, Android will accelerate the pace at which new and compelling mobile services are made available to consumers.
Peter Michaels, President and CEO of Hop-on, stated, "We will be bringing Mobile Gaming to Europe where Gaming is legal, secure and regulated. New 3G wireless technologies and phones will play a big role in the growth of mobile gaming by making it more convenient and secure. These new networks and phones will allow real-time, exciting and player-to-player betting to be possible."
Michaels further stated, "Hop-on is committed in bringing the latest technology to the market, the Android open platform makes Hop-on competitive in the high-end mobile phone market. This will create market value for our shareholders."
About Hop-on:
Hop-on (Other OTC:HPNN.PK - News) develops and markets wireless phones and accessories for emerging market and other domestic carriers and is best known for developing the world's first disposable cell phone. Currently, Hop-on is expanding into value-added services, like mobile gambling and SMS wagering. Hop-on's exclusive software will allow users to stream live interactive feed from legal jurisdictions to play poker, blackjack, roulette and baccarat on personal cell phones.
For more information, visit http://www.Hop-on.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All Statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
CONTACT:
Hop-on, Inc.
Danny Coleman
(949) 756-9008
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