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Revolutionary Concepts, Inc. Set to Bring Its Eye Talk Communicator 2- Way Communication Device to Multi-Billion Dollar Infant, Toddler, and Preschool Market Dec. 13, 2010 (GLOBE NEWSWIRE) -- Revolutionary Concepts, Inc. (OTCBB:REVO) (www.revolutionaryconceptsinc.com), a development stage company focused on the design and development of the "Eye Talk Communicator" has entered into a Joint Venture agreement with Charlotte, NC, based IQmagine, LLC to design and license a next generation child transportation device embedded with a network camera video system that will enable video and 2-Way communication between the child and adult via a monitor or hand held device. Realizing a market opportunity to address children's entertainment, education, and safety while traveling in automobiles, Revolutionary Concepts, Inc. and IQmagine, LLC have entered into a relationship where the two will develop a suite of solutions that address the time a child spends traveling in a car. "From the start, RCI has realized the need to diversify the 'Eye Talk Communicator' and associating our cutting edge technology with children's products takes us far in establishing the versatility of our patent pending technology. This is the first of what we hope will be a range of applications that will generate "piece of mind" solutions for today's busy families," says Ronald Carter, RCI's President and CEO. "This event has a tremendous benefit for investors in both companies," says Solomon Ali, VP of Investor Relations. "The Joint Venture agreement will further the Eye Talk brand and help establish the technology solution in its own right. It is a win for shareholders when we are able to create multiple markets for our technology. More importantly, it is a win for families with small children who will soon be able to safely secure their children while maintaining visual and audio communication." |
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