Kalistani Major History

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KalMM announces record profitsKMM Solaris 3's sales top 10 million
Sulari, Suldanor
October 20, 4449


CEO of KalMM says Solaris 3 sales definitively open door for Lourenne expansion

On the heels of blazing hot Solaris 3 sales this summer, KalMM CEO Michelle Marks-Bennots announced that KalMD is ready to launch a KalMM joint investment venture in Lourenne.  "We have been able to demonstrate that the partnership is successful.  Together, Kalistan and Lourenne have put together a profitable product in a sector that did not exist 10 years ago.  As more than 10 million owners know, the Solaris 3 holds its own with every other mobile device currently on the market, and we have been able to announce a significantly price point over the 2.  Profits are at an all time high, and we are prepared therefore to go ahead with our long anticipated launch into Lourenne."

Marks stated that the Solaris 3, which are third generation of the phone initially called the Model X, shows that Kalistani technology can satisfy consumer demands better than imported tech.  "We are using our networks, our batteries our servers and our technology.  And we are exporting enough Solaris 3s now to actually compete internationally with some of the big players.  With solid investment, we have skipped the most expensive aspects of R&D, and have instead sunk the costs into longer battery life and quicker connectivity."

When the Lourenne Government permits the launch of the joint venture, KalMD will supply 49% of the capital and Manon-Maison will put in 51%, thus equalizing out the full investment over both subsidiary branches.  Marks said she expects the new Joint Venture in Lourenne to begin producing Lourennaise tech, and expand on the successful Solaris series into other mobile devices, including tablets, handheld comm devices, augmented reality devices, laptops and other matter.  KalMD factories in Keymon will continue to produce export editions of KalMM tech for the global Market.  KalMD will continue building greater infrastructure within Kalistan and will work with the Lourennaise to continue to develop a greater degree of infrastructure integration between the two nations.