Domark International Inc’s (OTCBB: DOMK) new wholly-owned subsidiary Solawerks, Inc. was very pleased to disclose today that demand for the hot new Solapad product is already approaching the level of the first planned manufacturing run. The new Solawerks Solapad is an electronic sleeve manufactured specifically for all versions of the Apple (NASDAQ: AAPL) iPad. The Solapad contains a large, high-efficiency solar panel on its back, plus an additional internal battery to keep the iPad charged at all times.
PV America West participants standing in line to get a picture of the hot new Solapad for iPad (solar module side shown). (Photo: Business Wire)
“You know you have a big retail hit on your hands when you experience such strong product demand,” stated Michael Franklin, President of DOMK. “We are making plans to positively compensate by making more units at a faster pace, allowing us to distribute more product and expand our market share. We are also studying the potential effect of increasing per unit margins,” he continued.
The Company believes the popularity of the hot new iPad accessory is partially driven by Apple’s record sales of the new version of the iPad that some are calling the iPad 3.
Future versions of the Solapad are being engineered to incorporate other items and capabilities that are designed to make a customer’s iPad much more powerful and functional. The Company also intends to offer unique design enhancements that could make the Solapad a very desirable product for purchase and use by the US Military.
More details about the new Solawerks Solapad can be seen at www.solawerks.com
Solawerks, Inc. is a newly formed subsidiary, wholly owned by Domark International Inc. Solawerks’ current focus is to develop and distribute the Solapad, a combined cover and charging system for Apple’s iPad, competing in a market that also includes Research in Motion (NASDAQ: RIMM), Microsoft (NASDAQ: MSFT) and the Sony Corporation (NYSE: SNE).
Domark International, Inc.’s corporate website may be seen at: www.domarkintl.com
Forward-Looking Statements. Certain of the above statements contained in this press release contain forward-looking statements 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. Actual results, events and circumstances (including future performance, results and trends) could differ materially from those set forth in such statements due to various factors, risks and uncertainties, including but not limited to, risks associated with the company's future growth and operating results, the uncertainty of market acceptance of the company's business plan, competitive factors and general economic conditions. Domark International, Inc. has no duty and undertakes no obligation to update such statements.
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