Snuko PLC
Snuko PLC: Snuko signs Letter of intent with Krusell – Making laptop bags and mobile phone cases ‘smart’.
Snuko PLC / Key word(s): Miscellaneous 24.11.2010 09:30 --------------------------------------------------------------------------- Snuko UK Ltd, 100% owned subsidiary of Snuko PLC has signed a Letter of intent with leading laptop bag and mobile phone case manufacturer. Krusell intend to launch the Snuko Anti-theft and Data Recovery software with their products at the forthcoming Mobile World Congress in Barcelona in February. Snuko's Anti-Theft and Data Recovery Software will be supplied with every bag and case Krusell sells, making each of their customers more secure and protected against loss and theft. Krusell is the first in the industry to see that not only does a customer want a great looking bag, they also want to protect what is inside the case. Krusell produce over 3 million products each year and distribute these products to more than 60 countries with an estimated 7000 retailers worldwide. Snuko and Krusell will complete their negotiations by the end of Q4 2010, launching in February 2011. This contract will create a significant step for Snuko with several million potential customers in the coming year. Carlos H Benvenuti CEO of Snuko says: 'We are proud to be associated with a well established brand such as Krusell. The fact that a company such as Krusell wants to offer their customers protection beyond normal damage protection proves to me that this is a company who cares. Caring, in terms of embracing new technology and take action towards helping their customers with the ever-increasing problem of computer and mobile phone loss/theft. Krusell is the first laptop bag and mobile phone case producer to offer the Snuko Anti-theft and Data Recovery software with all of their products and we are very excited to see the first products ship', he ends. 'Being in a line of business where protection, customer value and design are key words, it felt like a match when we first met with Snuko. We have a constant strive to add values for our customers and to be part of an evolution. This offer is something new, this is adding real value for our users. I hope that many users will take this opportunity to upgrade their way of protecting their device' says Ulf Sandberg CEO of Krusell International. About Snuko PLC (www.snuko.com) 'SNUKO - PROTECTING YOUR STUFF' Snuko PLC (Wiener Borse: SNU) is the holding company of Snuko UK Ltd, a London based security-and IT company, specialising in securing computer's and mobile phones as well as crucial data from loss or theft. With operations in the US and Europe, Snuko is focusing on innovative security solutions that protect against loss and theft of internet enabled devices and data. Our customers are individual computer and mobile phone users, corporate enterprises, as well as third party software vendors. Our mission is to provide our users with the most effective, sophisticated and user friendly theft protection for computers and mobile phones, with the least amount of complexity, thus ensuring: Secured hardware, Secured software and data, reduced administration and business continuity despite loss of computer or mobile phone. About Krusell (www.krusell.se) Krusell International AB with 130 million SEK in turnover, an annual production of over 3 million cases, and more than 500 employees is a Swedish company exporting high-end cases around the world. After close to 20 years in the mobile phone industry, Krusell is established as one of the leading brands in its niche. Besides cases for mobile phones, Krusell also produces cases for digital cameras, laptops, MP3-players, GPS and portable gaming. Moreover, Krusell are also a subcontractor to Sony, Samsung, Sanyo, Honda, Toyota and LG. The headquarters of Krusell are located in Mölndal, Sweden. ** END OF RELEASE ** Snuko plc is an independent, stock exchange listed manufacturer of software. This news release may contain certain forward-looking statements, expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the management of Snuko plc as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management, including risks and uncertainties that could cause actual results to differ materially. Management does not take any responsibility to update the contents of this News Release in case new aspects arise or new conditions change the facts available. ISIN GB00B61F4148,WKN A1CU1R, Exchange: Vienna stock exchange, Frankfurt Stock Exchange Contact Information Snuko PLC 33 Clarence Street Southend on Sea Essex SS1 1BH United Kingdom Email: info@snuko.com www.snuko.com Krusell International AB Ms. Malin Levin Marketing Manager Phone: +46 31 338 00 15 E-mail: malin.levin@krusell.se 24.11.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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