Anticipation Builds For QUAN's Debut iPad Case
HOUSTON--(BUSINESS WIRE)-- As Apple (NAS: AAPL) is expected to release the iPad 5 this summer, Quantum International Corp. (OTCBB: QUAN) is readying to enter the exploding $2.3 billion iPad accessories market as work continues on the company's first prototype case.
With iPads becoming more and more prevalent in the professional environment as well as for education and entertainment, Quantum's engineering partners are hard at work developing an amazing and innovative case that will provide users with many exciting options. The case will be the debut offering in Quantum's lifestyle enhancement product line.
Research shows that tablets, and iPads in particular, are in overwhelming demand. The International Data Corporation found that the market for tablets is growing at a breathtaking 142.4 percent yearly rate. IDC notes that the 49.2 million tablets shipped during the first three months of 2013 is greater than the number of tablets shipped during the first six months of 2012. Apple's iPad ranks first in market share and in overall unit sales (19.5 million units during Q1 2013).
"All of those iPads are going to need cases, and our versatile case will satisfy every customer's need, whether for professional or casual use," Quantum CEO Robert Federowicz said. "We're extremely excited for our prototype, which will be groundbreaking in the marketplace."
Quantum is developing a line of revolutionary iPad cases that enhance the tablet. The company believes it is well positioned for growth as the market for iPad accessories continues to expand rapidly. For more information on Quantum International's technology initiatives, please visit http://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 Apple Inc. (Nasdaq GS: AAPL) and Logitech International SA (NAS: GS) .
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/investors.html.
Notice Regarding Forward-Looking Statements
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 success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Quantum International Corp.
Robert Federowicz, 832-308-1260
President and CEO
KEYWORDS: United States North America Texas
The article Anticipation Builds For QUAN's Debut iPad Case originally appeared on Fool.com.
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