IRVINE, Calif., Dec. 7, 2010 /PRNewswire/ -- Hop-on, Inc. (Pink Sheets: HPNN) announced today that the company is pleased about the Appeals Court ruling that the Food and Drug Administration cannot regulate electronic cigarette products under the drug/device provisions of the Food, Drug and Cosmetic Act (according to Bloomberg Businessweek).
The FDA appeals began in February 2010 when Federal Judge Leon ruled that the FDA could not interfere with the importation of electric cigarettes. The conclusion: the FDA will still not be authorized to block importation, however, will be looking into the marketing, safety and substances of the products and industry as a whole.
Samuel Demissie, President of Hop-on, Inc.: "We are thrilled with the results of today's court ruling. After 10 months of anticipation, it is time for the electronic cigarette industry to expand and make a larger impact on the market. We plan on to continue with FDA compliance and approval and have an aggressive finish for 2010."
About Hop-on, Inc.
Hop-on, Inc. (www.hop-on.com) is a leading international manufacturer of electronics. Since the company's inception, it has been known for developing the world's first $10 disposable cell phone. Today, Hop-on remains one of the few U.S. based manufacturers of cellular technology. The Company currently develops and manufactures electronic cigarettes and cigars for distributors throughout the U.S. and internationally. Hop-on also offers multi-media services and has secured licensing agreements from essential patent holders for GSM, CDMA and WIFI technologies.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
SOURCE Hop-on, Inc.