ORLANDO, FL -- (Marketwire) -- 11/26/12 -- Sputnik Enterprises, Inc. (OTCBB: SPNI) today announced that the company has entered into an Agreement for the Exchange of Common Stock with Wireless NRG, LLC (WRNG) whereby the company will acquire Wireless NRG, LLC and at the closing, WNRG will become a wholly owned subsidiary of SPNI. The closing of the transaction is subject to completion of due diligence, the delivery of all documentation required, and including, but not limited to, a PCAOB member firm audit of WNRG. More information can be obtained at www.sec.gov
About Wireless NRG, LLC and the Kudo Product Line
Wireless NRG, LLC is a manufacturer of innovative, green energy products and accessories for tablets and smart phones, including Apple Certified accessories for the iPad2 and iPad 3rd Generation and are currently developing products for the iPad Mini and the iPad with Retina Display which will be due out Q1 2013. Also expected in Q1 2013 is the KudoGlide, a protective case for the iPhone5 that will extend battery life. Following that, Wireless NRG, LLC will also focus on versions for the iPhone 4 and 4S and the Samsung Galaxy S3. Current product line consists of the following: KudoCase -- Extended Battery Solar iPad Case; KudoMate -- Travel and messenger Bag; KudoDock -- Ultra Thin iPhone Charging and syncing Dock; KudoBuds; KudoGear.
More information on the Kudo product line, and discounts for the holidays, can be found at the KudoCase web site www.kudocase.com/?coupon=kudo5m
About Sputnik Enterprises, Inc.
Sputnik Enterprises, Inc., through its newly formed wholly owned subsidiary, Kudos Marketing, Inc., markets innovative, "green" solar charging accessories for tablets and smart phones, including Apple Certified accessories for the iPad 2/3 and the iPhone 5. Kudos Marketing, Inc. has an exclusive agreement with Wireless NRG, LLC for all group and corporate sales domestically and internationally.
Sputnik Enterprises, Inc. is publically traded on the OTCBB under the stock symbol SPNI. More information can be found at www.otcbb.com
Certain of the above statements contained in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results, events and circumstances (including future performance, results and trends) could differ materially from those set forth in such statements due to various factors, risks and uncertainties, including but not limited to, risks associated with the company's future growth and operating results, the uncertainty of market acceptance of the company's business plan, competitive factors and general economic conditions. Sputnik Enterprises, Inc. has no duty and undertakes no obligation to update such statements.