KCM Holdings Announces Wireless Power Company Deal
05 1월 2010 - 11:05PM
Business Wire
KCM Holdings Corp (OTC:KCMH) announces today, that a letter of
intent was signed to incubate a wireless power company. The company
has strategic agreements with Intel Corp (NASDAQ:INTC) for the
development of its innovative energy products and with the help of
KCM Holdings, aims to become a publicly traded company in 2010.
They are developing a family of wireless solutions for
intelligent automation, control and energy management, and
using leading edge power and communication networks. Along with its
partners, they will seamlessly connect mobile, wireless and
electronic devices to existing global wired and wireless
infrastructures. Their products will not only save users money, but
will also provide technological advancements such as being able to
wirelessly charge a cell phone or laptop without the need for power
cables or "smart pads."
A definitive agreement with KCMH is being prepared. Upon
finalization, more details about the company, its management, the
LOI, and the terms of the definitive agreement will be
announced. The pending incubation will add substantial value for
KCMH shareholders providing excellent diversification to the
company’s already successful portfolio.
"Many have believed wireless power to be a technological
impossibility, but we are very excited to be part of turning
perceived improbabilities into science fact and financial success,"
states Donald Klein, CEO of KCM Holdings.
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About KCMH:
KCM HOLDINGS CORP., is a strategic business development and
holdings company.
Please visit our corporate website at:
http://www.thekcmgroup.com/
Disclaimer:
Forward-Looking Statement
The contents of this Press Release may be deemed to include
forward-looking statements within the meaning of United States
securities laws and the Private Securities Litigation Reform Act of
1995. Forward-looking statements are only predictions and should
not be relied upon for investing decisions. Actual results might
differ materially from those projected in the forward-looking
statements for a variety of reasons, including market conditions,
competition and new regulatory requirements. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the Company's actual results, levels of
activity, performance or achievements to be materially different
from any future results, levels of activity, performance or
achievements expressed or implied by the forward-looking
statements. We cannot guarantee future results, levels of activity,
performance or achievements.
KCM (CE) (USOTC:KCMH)
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KCM (CE) (USOTC:KCMH)
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