NEW YORK, Jan. 7, 2011 (GLOBE NEWSWIRE) -- Zevotek, Inc. (OTCBB:ZVTK) (Frankfurt:T5V1), a worldwide direct marketer and distributor of consumer products, today announced the company has named its new green product Gung H2O. The U.S. patented Gung H2O reduces water use by up to 70% in the average American family home and pays for itself in months with utility bill savings. Zevotek's sales strategy for Gung H2O is revving up amid national news reports of record low water supplies in the southwestern U.S. and concerns about higher water prices hitting already stressed households. The Gung H2O sales strategy calls for a full-scale national marketing campaign with heavy TV, Internet and print media exposure for the water saving marvel to be sold by Home Depot, Ace Hardware Stores and directly to American consumers.
National news recently reported the lowest water level ever in the 75-year history of Lake Mead, the chief water supply for cities like Los Angeles, San Diego, Las Vegas, and Phoenix and the farms of southeastern California. The Colorado River, the source of some or all water for more than 25 million people in the Southwest, is in the midst of an 11-year drought and a continued drought in 2011 has led to speculation by journalists and scientists that U.S. federal authorities will be forced to declare the first-ever water shortage on the river. Water supply problems cause increases in the prices consumers must pay for water and government imposed water rationing.
"Zevotek's Gung H2O is a great water conservation tool. Our sales strategy calls for a national marketing campaign going full throttle during the summer months when water issues are expected to be daily national news," said Rob Babkie, CEO of Zevotek. Adding, "Zevotek's Gung H2O is an innovative, patented eco-easy product that consumers can use to conserve water, save money and help communities under stress by water shortages and price hikes. Zevotek's marketing plan calls for a powerful combination of frequent and well placed TV exposure plus attention grabbing Gung H2O packaging to drive sales at major retail outlets."
About the Company:
Zevotek, Inc. markets and sells a range of innovative personal and home care items. Zevotek has a license to sell the Ionic Bulb, a patented air purifier that silently emits negative ions using a microchip placed inside a 10,000-hour energy saving compact fluorescent light bulb (CFL). One Ionic Bulb is an eco-easy maintenance-free inexpensive alternative that cleans the air in a 100 square foot area. Outfitting lamps and ceiling lights with the Ionic Bulb rids a living room, kitchen, bedroom, children's playroom, workout area and office space of unpleasant odors and indoor air pollutants that you breathe. Zevotek sells the Ionic Bulb through specialty retail shops, TV commercials, amazon.com and newionicbulb.com, and markets the Ionic Bulbs major U.S. retail stores.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Zevotek, Inc.'s business, financial condition and results of operations, as well as matters of timing and effectiveness of acquiring and selling new consumer products are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Zevotek, Inc.'s control with respect to market acceptance of their products, whether financing will be available, the plans for Zevotek, Inc. to market and sell products as well as certain other risk factors which are and may be detailed from time to time in Zevotek, Inc.'s filings with the Securities and Exchange Commission.
This press release contains forward-looking statements. The words or phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,' 'plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similar expressions are intended to identify 'forward-looking statements.' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Zevotek, Inc. cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Zevotek, Inc. does not undertake, and Zevotek, Inc. specifically disclaims any obligation to update any forward- looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.