SANTA CLARA, Calif., May 16 /PRNewswire-FirstCall/ -- Joytoto
Technologies, Inc., a wholly owned subsidiary of Joytoto USA, Inc.
(OTC Bulletin Board: JYTO.OB) announced today that it has successfully
received, completed, and shipped its first purchase order from one of the
largest big-box retailers in the United States. The consumer electronics
retailer, also known as an electronics superstore, operates more than 800
stores in the US, Canada, and China. The initial purchase order was for more
than 15,000 MP3 players, and represented more than $730,000 in revenue for
Joytoto in the month of April.
Because of the timely and successful completion of its initial purchase
order, Joytoto expects to continue to receive orders from this current client,
as well as other big-box retailers. The company believes that its virtual, OEM
business model gives it a competitive advantage regarding price, timeliness,
and scalability of production. The completion of this order is significant as
it represents the company's commitment to developing its business in the
United States, an effort which began during the latter part of 2007. It also
demonstrates the company's capability of completing its purchase orders and
delivering its products on a timely basis.
Joytoto received the purchase order after completing an extensive vendor
approval process with a subsidiary of one of the largest business outsource
processing and supply chain solutions companies, which handles purchase orders
for some of the largest corporations in the world, as well as numerous big-box
retailers, outlets, electronics superstores, and other corporations, as part
of its global turnkey solutions business.
Joytoto has developed various models of its MP3 players with different
features, capabilities, and price-points. Some of the more sophisticated
features include 8GB of internal flash storage, built-in Bluetooth wireless,
high-speed USB 2.0 interface, and compatibility with both PC and Mac
computers. The devices are capable of handling MP3, OGG, JPEG, WMV, and
MPEG-4 files (both audio and video). To view the suite of MP3 players
developed by Joytoto Technologies, Inc., consumers can go to
http://www.joytotousa.com/digital_multimedia/mp3.jump
About:
Joytoto USA, Inc. (OTC Bulletin Board: JYTO.OB) The company's two
business segments are electronic products and components, and online games.
The electronic products and components business is that of a virtual, original
equipment manufacturer (OEM) and original design manufacturer (ODM) of
consumer electronics for retailers throughout the world. Joytoto USA's online
game business segment operates online games in North America pursuant to an
Exclusive North American Master License Agreement with Joyon Entertainment
Co., Ltd. ("Joyon Korea"). The Master License Agreement gives Joytoto USA's
wholly-owned subsidiary access to Joyon Korea's library of successful online
games currently operating in the Asian markets which have generated more than
$100,000,000 in the Asian markets.
SOURCE Joytoto Technologies, Inc.