MWR 4.40% 9.5¢ mgm wireless limited

mwr secures jbhifi for christmas

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    MWR has received orders to stock SPACETALK in JB Hi-Fi stores in Australia Excluding pre-existing channels, JB Hi-Fi is to have exclusivity to February 28, 2019 Sales will be supported via a significant Christmas and Back-to-School advertising campaign16 October 2018– Technology company MGM Wireless Limited (ASX:MWR) (‘MGM’ or‘the Company’) is pleased to announce that it has received orders from JBHi-Fi, Australia’s largest consumer electronics retailer, that mark thecommencement of the rollout of our SPACETALK smartphone watch into JB Hi-Fistores in Australia.It is intended that JB Hi-Fi stores will havestock by November 1, 2018.


    MGM Wireless CEO Mark Fortunatow says “We arehonoured to have JB Hi-Fi, Australia’s largest and one of the world’s leadingconsumer electronics retailers on-board selling SPACETALK in Australian stores.From November 1, 2018 Australian parents will be able to walk into JB Hi-FiStores, and see, feel and try SPACETALK before they buy our device with theconfidence that they are purchasing from Australia’s leading consumerelectronics retailer.  With JB Hi-Fi also being a Telstra reseller,parents will be able to connect the SPACETALK device to the Telstra 3G networkall in the one location. This is a significant milestone in our Company’sdevelopment”.Since the launchof the Company’s online store at www.allmytribe.com12 months ago in October 2017 with an initial production run of 3,000 units,the Company has since manufactured a further 3,000 units, and ordered asubsequent run of 15,000 units which are in production now and were completedlast week. A further production run of 5,000 is planned for November.Click here toread.

 
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