MINEOLA, N.Y., Nov. 10, 2004 (PRIMEZONE) -- Torbay Holdings, Inc. (OTCBB:TRBY) announced today that it had shipped its order backlog upon receipt of new inventory of its repackaged AirObic Mouse product. Over $99,000 of backlog were shipped in just 2 days which will contribute to revenues in Q4.
Tom Large, President & CEO, stated, "Reception to the color options and packaging has been positive. Our products are being recognized as both assistive and conventional mousing technology that can enable and help to prevent hand problems from occurring. Our objective was to be visually up to date and so compatible with other manufacturers systems that exist in the broader market. In this way we hope to break away from the 'designed for the clinic' perception often associated with the ergonomic product market and in anticipation developing a presence in the baby boomer market that is emerging and is considered more likely to purchase in the broader market and not merely the ergonomic sector."
In response to the Dept. of Labor in Alaska we have completed their vendor set-up forms and have processed their first order.
Tom Large went on to say, "We are a product marketing company with ambition to provide the next generation of input devices that ease the now heavy workload placed upon computer users. We have already started discussions with our contract manufacturer as to the design of our first keyboard product. As our mouse products are utilized more and more by major corporations we see the spin out into the 'at home market' and consider there is potential for growth there. After only a few days our strategy of providing 'demo Clickless software' in the mouse box it is already generating inquiries and interest from mouse only purchasers."
"I recently took steps, now completed, to support our short-term position while we awaited the arrival of the new stock."
References to issues cited herein, as forward-looking statements, are made in good faith though cannot be relied upon as occurring, achieving an acceptable outcome or contributing toward the business of Torbay Holdings Inc.