QUAN on Target with Consumer Demand Trends
HOUSTON--(BUSINESS WIRE)-- The trend is clear: The desktop computer's day is coming to a close, and the era of the tablet is underway. The new iPad accessories being developed now by Quantum International Corp. (OTCBB: QUAN) include many powerful features designed to ease users' transition from working and playing tethered to a desktop to a new, mobile tablet lifestyle.
According to figures from industry analyst IDC, the global tablet market is expected to grow by 38 percent this year, even as desktop PC shipments drop by 11.4 percent. More and more consumers are replacing their bulky, half-empty computer towers with sleek, stylish and portable iPads, the dominant device in the booming tablet market.
Despite their many powerful functions, however, there are still some computing tasks that are difficult or even impossible to perform on an iPad. Quantum is working to change that.
The company's forthcoming debut product is a hard-shell, protective iPad case that expands the tablet's capabilities, allowing users to dump their PCs for good. With the help of A Plus Technologies, Quantum is developing a case that increases the iPad's file storage capacity, battery life, connectivity and more, creating an all-in-one accessory the company expects will be desired by every iPad owner on the planet.
The company estimates that with an anticipated target price of $129 for its iPad case and a conservative estimate that just one in a hundred users decides to expand their new and existing iPad's capabilities, the sales could provide a market potential of $150 million. A successful product launch could mean extreme, rapid growth for Quantum.
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. (NYS: DOV) .
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.
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 future 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
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