SAN DIEGO, CA--(Marketwire - September 7, 2010) - Franklin Wireless Corp. (
Based upon the company's preliminary estimates, total revenue is expected to be approximately $100 million for the full 2010 fiscal year, which represents more than a 300% increase over the fiscal 2009 period. In addition, the company announced that it was profitable in each quarter of the 2010 fiscal year.
Franklin Wireless' preliminary estimates remain subject to review by its auditor and are subject to change.
The company will be filing its annual 10-K report by September 28, 2010.
About Franklin Wireless
Franklin Wireless Corp. (
Franklin Wireless is headquartered in San Diego, California and has a majority ownership position in Franklin Technology Inc. (FTI), a research and development facility located in Seoul, South Korea. FTI provides design, development and manufacturing services to Franklin for its wireless data products. For additional information, please visit www.franklinwireless.com.
Safe Harbor Statement:
Certain statements in this press release constitute "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements.
Contact Information:
Contact:
Richard Walker
Franklin Wireless Corp
+1 858 623 0000
rick.walker@franklinwireless.com