DGAP-News: Spectral Expands Operations to Mumbai, India

DGAP-News: Spectral Expands Operations to Mumbai, India

ID: 251085

(firmenpresse) - DGAP-News: Spectral Capital Corporation / Key word(s): Miscellaneous
Spectral Expands Operations to Mumbai, India

22.04.2013 / 07:00

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Spectral Expands Operations to Mumbai, India

SEATTLE-(BUSINESS WIRE)-(22 April 2013) Spectral Capital Corporation,
(FCCN.QB) announced today that it has opened an office in Mumbai, India for
marketing initiatives of Spectral's portfolio products and for evaluating
potential acquisition opportunities.

The office will provide marketing support for soon-to-be-launched 'noot' as
well as the products and services offered by Kontexto. Noot is an ideal
product for the young Indian population where tablets and smartphones are
emerging as the devices of choice and trending to become mainstream
consumer behavior. Kontexto's products and services have limited
competition in the Indian market providing for large growth opportunities

'Mumbai is India's wealthiest city and has immense opportunities for the
marketing of our portfolio companies' products and services, in addition to
being a fertile environment for emerging technology companies with whom we
can partner with or acquire', stated Jenifer Osterwalder, Spectral CEO.

'Additionally we believe Mumbai is an ideal location for early adaption for
our flagship product 'noot', which is expected to be launched soon. India
has 24 million internet enabled smartphones today and it is expected to
grow more than tenfold in the next 4 years to 264 million. Having a
marketing plan and strategy for this market in our early stages is
important and one in which the company can benefit from,' continued
Osterwalder.

For more information on Spectral's portfolio companies, please visit:
- www.noot.com

- www.kontexto.com

ABOUT SPECTRAL:
Spectral acquires and partners with early stage technology companies that




have the ability to grow into independent public companies. We focus on
identifying markets in which a start up has the opportunity to greatly
enhance or become a complete game changer. We look for technology that is
patentable. Through our knowledge and vast network of professionals from
around the world, as well as our experience as entrepreneurs, we provide
support and encouragement for our portfolio teams and their visions.
Spectral's portfolio teams are consumed and innately passionate about the
development of their ideas.

PRESS RELEASE FORWARD LOOKING STATEMENT:
This press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended) concerning future events
and the Company's growth and business strategy. Words such as 'expects,'
'will,' 'intends,' 'plans,' 'believes,' 'anticipates,' 'hopes,'
'estimates,' and variations on such words and similar expressions are
intended to identify forward-looking statements. Although the Company
believes that the expectations reflected in such forward-looking statements
are reasonable, no assurance can be given that such expectations will prove
to have been correct. These statements involve known and unknown risks and
are based upon a number of assumptions and estimates that are inherently
subject to significant uncertainties and contingencies, many of which are
beyond the control of the Company. Actual results may differ materially
from those expressed or implied by such forward-looking statements. Factors
that could cause actual results to differ materially include, but are not
limited to, changes in the Company's business; competitive factors in the
market(s) in which the Company operates; risks associated with operations
outside the United States; and other factors listed from time to time in
the Company's filings with the Securities and Exchange Commission. The
Company expressly disclaims any obligations or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Company's expectations with
respect thereto or any change in events, conditions or circumstances on
which any statement is based.

Contact:
Jenifer Osterwalder
contact(at)spectralcapital.com
206-262-7820


End of Corporate News

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22.04.2013 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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207608 22.04.2013


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Bereitgestellt von Benutzer: EquityStory
Datum: 22.04.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 251085
Anzahl Zeichen: 5867

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