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INCM Franklin Income Focus ETF

26.38
0.10 (0.38%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Franklin Income Focus ETF AMEX:INCM AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.10 0.38% 26.38 26.43 26.21 26.22 175,651 22:00:00

INNOCOM Announces 1.5 Million Units

12/02/2007 1:59pm

PR Newswire (US)


Franklin Income Focus ETF (AMEX:INCM)
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SANTA MONICA, Calif., Feb. 12 /PRNewswire-FirstCall/ -- INNOCOM Technology Holdings, Inc. (OTC:INCM) (BULLETIN BOARD: INCM) announced they will assemble approximately 1.5 million mobile phone handset units per year when their new manufacturing facility is completed. Depending upon the complexity of the assembly process of a particular model, the gross revenue from the handsets range from $2.5 million to $4.5 million. As a result, the EBITA will be approximately $1.5 million to $1.8 million or more than $1.00 per unit. About INNOCOM Technology Holdings, Inc. INNOCOM is a leading mobile communication technology company in China. They have two principal business lines: mobile phone handset design and trading of mobile phone handsets and components. INNOCOM provides customized mobile phone design services to licensed manufacturers in China. Their services include hardware system design based on chipsets such as integrated circuits sourced from external suppliers, application software design and mobile phone handset casing design. In addition to design services, the company provides sourcing of mobile phone handsets and components for customers on a wholesale basis. INNOCOM competes with other communication technology companies by emphasizing provision of higher quality consumer-driven services that assist INNOCOM customers in identifying and/or forecasting trends in mobile handsets demand, providing comprehensive and total solution services, managing cost effectiveness, and demanding product quality and reliability in both hardware and software functionality. For more information see: http://www.innocomtechnology.com/index.htm Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations. Company Contact: INNOCOM Technology Holdings, Inc. Ashley Hull (310) 450-9100 opt 1 Investor Relations: SIG Consultants Doug Ward (770) 814-7199 DATASOURCE: INNOCOM Technology Holdings, Inc. CONTACT: Ashley Hull of Lea Management, +1-310-450-9100 opt 1, or ; or Investors, Doug Ward of SIG Consultants, +1-770-814-7199, or Web Site: http://www.innocomtechnology.com/index.htm

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