Quantum International Corp. (OTCBB: QUAN), a growing technology company, announced today that the company signed a Letter of Intent with A Plus Technologies to begin producing a new line of electronic lifestyle enhancement technologies, including accessories for popular gadgets like the Apple (NASDAQ: AAPL) iPad.
According to the LOI, Quantum and A Plus Technologies will evaluate entering into a definitive agreement for the development and delivery of new electronic products. A Plus’s first challenge will be to produce a working prototype of Quantum’s advanced, all-in-one accessory for the Apple iPad. The company plans to capitalize on the iPad’s unprecedented global popularity by engineering a case capable of enhancing the popular tablet in a number of significant ways, from the addition of external storage capabilities to a boost in battery life.
“We’re very pleased by the prospect of working with A Plus Technologies on this project, and we can’t wait to see the results,” said Quantum CEO Robert Federowicz. “We’re in the midst of our due diligence process now, but we anticipate moving forward on a definitive agreement with A Plus soon in order to get the line of incredible products that we’ve envisioned into the marketplace as quickly as we can.”
That’s because the market for iPad accessories is massive and growing fast. Currently, there are more than 117 million iPad owners worldwide, and the market for accessories is worth $2.3 billion and climbing. That’s the growth that Quantum plans to tap into with its new product.
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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