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Zevotek, Inc. Secures Merchant Account to Support Upcoming Click-to-Buy Website Functionality
Sep 24, 2008 (08:09 AM EDT)
NEW YORK, Sept. 24 /PRNewswire-FirstCall/ -- Zevotek, Inc., www.zevo-tek.com is pleased to announce that it has recently procured a merchant account to support the upcoming click-to-buy functionality of its corporate web site, .
The merchant account will enable Zevotek to accept payment card transactions from all major credit card companies. This development represents the initial step in the brief process of enabling consumer purchasing of the IONIC BULB online, directly through the company's corporate website. Subsequent steps include but are not limited to the outsourcing of fulfillment center and inbound call center operations.
Management believes that not only will this added capability increase potential for overall sales, it will also enable Zevotek to capitalize on the innately higher profit margins associated with selling products direct to consumer.
Adam Engel, Zevotek's CEO, stated, "I'm very excited to note that Zevotek has secured a merchant account which will allow us to process all major credit cards and help sell the IONIC BULB online through our corporate website. This is a critical step towards enhancing www.zevo-tek.com with "click-to-buy" functionality. Once operational, "click-to-buy" will expose Zevotek to an entirely new sales channel. It is also expected to allow us to realize higher margin unit sales through the execution of online transactions in comparison to other currently utilized sales avenues such as retailer and third party distributor agreements." Mr. Engel concluded, "I anticipate equipping our site with the aforementioned capabilities in the very near future and look forward to updating the public on our progress in doing so as developments arise."
About the Company:
Zevotek, Inc. plans to market and sell independently a range of distinct and independent lines of home care and household products. In May 2007, the company entered into a license agreement to sell an energy saving compact fluorescent light bulb named the Ionic Bulb. The company plans to market the Ionic Bulb through TV infomercials, catalogs, magazines and major U.S. retail and specialty stores and the websites www.zevo-tek.com www.ionic-bulb.com and .
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 the prospective terms of the transaction described 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 Diet Coffee, 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 home care and other household 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.
Further information on Zevotek, Inc. is available at http://www.outcasttrader.com
CONTACT: Adam Engel, Zevotek, Inc., +1-201-394-8684, email@example.com
Web site: http://www.ionic-bulb.com// http://www.outcasttrader.com/ http://www.zevo-tek.com/