Vancouver, British Columbia (FSCwire) - Orca Touchscreen Technologies Ltd. (the “Company” or “Orca Touchscreen”) (CSE:OAA) is pleased to announce that July 8, 2015 was the official opening day of the smartphone factory owned by Sollen-Mobile, S.A. (“Sollen-Mobile”), located in the Technopark area of Escuintla, Guatemala, pictured below. The event was attended by various guests and several Guatemalan government officials, including Jose Rodrigo Vielmann, the Vice Minister of Foreign Relations (pictured below).
Opening Ceremony - Sollen-Mobile Smartphone Factory
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Jose Rodrigo Vielmann, Vice Minister of Foreign Relations
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At the factory, assembly operations have commenced and the first product to be assembled is a 5” smartphone called the “Lucid SP-50”.
Front, Back & Side Views - LUCID SP-50 Smartphone
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Specifications for the LUCID SP-50 smartphone are as follows:
- MT6582M@1.3GHz*4 (Quad Core Processor)
- Bands: GSM850/900/1800/1900 MHz, WCDMA: 850/1900&900/2100 MHz
- SIM-Card-2Sim-Card 2 standby
- Product Dimensions: 143.6x71.5x8.3mm
- G+F+F CTP: Capacitive touch ,5-point
- Camera: 8M back(BSI); Camera: 2M front; Camera flash light: Yes
- G-sensor: yes; Proximity-sensor: yes; Light-sensor: yes
- USB I/O DC Jack: Micro 5Pin
- Audio Jack: 3.5mm phone jack
Sollen-Mobile is the Guatemalan joint venture company which has constructed the smartphone and tablet factory in Guatemala to assemble and service those devices. Orca Touchscreen entered into a letter of intent to acquire a one-third equity interest in Sollen-Mobile for US $100,000, as previously announced in October 2014. Currently, Orca Touchscreen is working with the other joint venture partners in Sollen-Mobile towards completing a definitive joint venture agreement.
About Orca Touchscreen
Orca Touchscreen’s business is the design, production, sale, distribution, service and refurbishment of touchscreen devices, including smartphones and tablets. The Company is working with partners in developing countries to establish semi knock down (SKD) assembly factories to produce smartphones, tablets and other touchscreen devices for sale in that country’s growing market.
As well, Orca Touchscreen has an exclusive worldwide license to use and sublicense all the technology and patents owned by Sollensys Corp., incorporated in Korea, for the purposes of making, selling and distributing touchscreen products and services.
The common shares of Orca Touchscreen are listed for trading on 3 markets: the Canadian Securities Exchange under the trading symbol “OAA”, the Frankfurt Stock Exchange under the trading symbol “6OT”, and on the OTCQB marketplace (part of OTC Markets Group) under the trading symbol “ORTFF”.
To learn more about Orca Touchscreen, visit www.orcatouchscreen.com, and you can view its profile and documents at www.sedar.com and www.thecse.com.
For further information, please contact:
Jong Myung (James) Choi
Chief Financial Officer and a Director
Orca Touchscreen Technologies Ltd.
Telephone: 604.880.0499
Email: cfo@orcatouchtech.com
For investor relations, please contact:
Christina Payne, President or Nick Boutsalis, Vice President
Primoris Group Inc.
Telephone: 416.489.0092
Email: ir@orcatouchtech.com
None of the CSE, the Frankfurt Stock Exchange and OTC Markets have reviewed, approved or disapproved the contents of this press release.
Forward-Looking Information:
This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/orca07142015.pdfSource: Orca Touchscreen Technologies Ltd. (CSE:OAA) http://www.orcatouchtech.com/
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