CIK Wireless One of the Fastest Growing Wireless Accessory Companies

Online, May 3, 2012 (Newswire.com) - CIK Wireless the leading seller of cutting edge mobile accessories announced today that it has reached a definitive agreement to acquire over 30 online retail stores selling globally. Several of the companies are listed as the fastest growing wireless accessory companies on the internet, with a retail distribution network including Office Depot, Best Buy, Walgreens Drug Stores, Home Shopping Network and QVC, among others. The acquisition provides CIK Wireless with innovative accessories to round out its product offerings, extensive product sourcing relationships, additional management expertise and positive cash flow.

Under the acquisition, CIK Wireless will acquire an undisclosed privately held wireless accessory company. This undisclosed wireless retailer was ranked as one of the Hot 100, fastest growing entrepreneurial businesses in America, by Entrepreneur Magazine and Dun & Bradstreet.

As part of the transaction, Melissa Kelly, Sr. Managing Partner of CIK Wireless, LLC has been named Chief Executive Officer of CIK Wireless, Enterprises.

Founded in 2007, CIK Wireless, sells only the best available and cutting-edge cell phone accessories and stays on the cusp of emerging trends to provide full line of innovative and attractively priced wireless accessories that are compatible with handsets produced by the leading manufacturers. These accessories include wireless hands-free (RF) headsets, car chargers with pivoting heads and retractable cords, jeweled headsets, OEM faceplates, flashing batteries, and carrying cases, among other products.

"This is an ideal acquisition for CIK Wireless from a business and strategic standpoint," said Melissa Kelly, Sr. Manager of CIK Wireless. "The companies we are acquiring are cash positive business, with extensive retail, manufacturing and distribution relationships throughout the U.S. and China, which will assist CIK Wireless in launching its new Luxury product line and other product offerings. In addition, the acquisitions further expand our management team with the proven leadership necessary to execute on the opportunities in front of us."

John Kelly commented, "CIK Wireless has developed a great deal of brand awareness in the wireless accessory market and has assembled a very talented group of people. By combining the online business into our portfolio of already proven accessory business and relationships with global wholesalers, this just complements the CIK Wireless accessories business model. This combination will allow CIK Wireless to accelerate our growth globally."

About CIK Wireless
CIK Wireless is one of the premier online wireless destinations for everything mobile. The business was built on providing top quality, wireless accessories and rave customer service and support. In 2010 CIK Wireless received it big break when asked to design a one of a kind cell phone case for a world recognized basketball player. Shortly after CIK Wireless was inundated with request and order from today's top "A" list celebrities and athletes and their wife's. Several of the latest accessories can be found on the shows: Real Housewives of Beverly Hills, Real Housewives of Orange County, MOB Wives and just about every professional athlete's wife phone in the US. Rumor has it that CIK Wireless is also going to be marketing a $1,000,000 iPhone, in which we were informed already three preorders shipping to the UAE in Summer 2012. For more information, visit http://www.CIKwireless.com

This Company's news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements relate to, among other things, software functionality and capacity, timing of the commencement operations and cash flow, and are indicated by words or phrases such as "anticipate," "estimate," "plans" and similar words or phrases. The following are among the principal factors that could cause actual results to differ materially from the forward-looking statements: general business and economic conditions in the Company's operations, including the rate of inflation, population, employment and job growth rate, the pricing pressures and other competitive factors and issues arising from year 2000 information technology issues. Consequently actual events as results may vary significantly from those included in or contemplated or implied by such statements.

SOURCE: Bloomberg Business News