Massive Dynamics Inc. (OTCQB:MSSD) announced today that it has executed a Memorandum of Understanding with Campfire S.A. de C.V., an online and catalog retailer focused principally on the Latin America market. Pursuant to the terms of the memorandum, Massive and Campfire will enter into a definitive distribution agreement for Massive's revolutionary TeliPadsmartphone device in Latin America. While the parties work to finalize the definitive agreement, Campfire will continue its evaluation and testing of the TeliPad. Massive and its strategic partner, CocoBlue (cocoblue.com.cn), are already at work localizing the Telipad software for Latin American consumers.
The TeliPad utilizes exclusive 2-line technology to eliminate the need to carry a separate smartphone and tablet. The TeliPad is compatible with Apple's (NASDAQ:AAPL) iOS devices, Google's (NASDAQ:GOOG) Android tablets and phones, and devices running Microsoft's Windows Phone operating system.
"Gaining a distributor in Latin America will be a significant milestone for Massive Dynamics," said Oscar Hines, CEO and Sole Director. "The execution of distribution agreements for the TeliPad will allow Massive to focus its resources on the next generation of products ready for commercialization."
Massive Dynamics, Inc. is a Nevada corporation listed on the OTCQB under the trading symbol MSSD. The Company is an acquirer, developer and seller of leading edge communications technology and products mainly focusing on the profitability of the oncoming universal Web 4.0 technologies.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.
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