|By Business Wire||
|March 18, 2013 05:01 AM EDT||
The feature-packed iPad accessory being developed by technology innovator Quantum International Corp. (OTCBB: QUAN) is moving from the drawing board to the workshop. Last week Quantum executed an LOI with A Plus Technologies to develop a working prototype of the case.
“An accessory that significantly expands the capabilities of the iPad would not only mean a successful sales campaign for Quantum but could potentially drive more new buyers to opt for the convenience of an iPad while getting most of the palmtop productivity features,” Federowicz said last week.
The all-in-one accessory has been designed to give the Apple (NASDAQ: AAPL) iPad all of the features of a high-end laptop, including peripheral ports, ability to connect storage devices, an extended battery pack and speakers - all packed into a stylish, protective case.
Currently, there are more than 117 million iPad owners worldwide. 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.
The company has already contacted manufacturers in China about initiating production of the breakthrough accessory as soon as a prototype can be produced that meets internal performance targets.
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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