IRVINE, Calif., Dec. 8, 2010 /PRNewswire/ -- Hop-on, Inc. (Pink Sheets: HPNN) today lauded the recently announced US Court of Appeals for the District of Columbia Circuit Court (case #09-771(RJL)) ruling that "cleared the air" for both smokers and the electronic cigarette industry.
The Federal Appeals Court again rejected the FDA's claim that, unlike other tobacco products, e-cigarettes are unapproved drug/device combinations under the FDCA. The Appeals court decision also held the FDA's position was flatly inconsistent with the Supreme Court's decision in Brown & Williamson.
It was also made clear, despite nicotine's physiological effects, tobacco products are not subject to regulation under the FDCA, unless they are sold for therapeutic purposes, such as weight loss or smoking cessation.
Peter Michaels, CEO of Hop-on, Inc. "The industry will see immediate impacts from the new limitations set on the FDA. The focus should be on the safety and effectiveness of the product rather than the proper classification. Overall, this ruling will continue and strengthen our business and creates equity for shareholders. We strongly embrace the electronic cigarette industry and see nothing but positives, with the Food and Drug Administration not being able to tamper with it."
About Hop-on, Inc.
Hop-on, Inc. 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.
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