Hop-on’s (HPNN.PK) $10 Million Agreement Sends “Skye” to the Middle East
Hop-on Inc. (Pink Sheets: HPNN) announced it has signed a $10 million multi-year distribution agreement with IT service provider, Gulf Business Machines (GBM) - a regional distributor in Dubai.The agreement will prompt the immediate distribution of Hop-on's new 450 MHz CDMA "Skye" phone - it's a move that enables Hop-on to expand its product reach to the Middle East, enabling the wireless handset manufacturer to use its Code Division Multiple Access (CDMA) technology in what it considers an underserved market. According to yesterday's press release, the CMDA market is the largest underserved niche market, and the expected to generate millions…