China
Mobility Solutions Introduces QuickNet Management Team
[June 25, 2004]
VANCOUVER,
British Columbia, Jun 25, 2004 /Xinhua-PRNewswire via
COMTEX/ -- China Mobility Solutions, Inc. (CHMS) is
pleased to introduce QuickNet management team.
China Mobility Solutions' president,
Angela Du said, ''The primary reason for the success
of QuickNet in the enterprise level of SMS communications
and mobility solutions is the leadership of this excellent
management team. Mr. Xin Wei, Chief Executive Officer,
Mr. John Li, Vice President, and Mr. Frank Wu, the company's
Chief Technology Officer have positioned QuickNet as
a messaging and mobility solutions infrastructure leader
in China.''
Mr. Xin Wei is the co-founder of China
Mobility Solutions, Inc., and has recently been appointed
Chief Executive Officer of QuickNet. He has a computer
science background and started his own business before
he graduated from university. He has been president
of several companies in China, including both domestic
and Sino-foreign joint venture companies in China. Mr.
Wei has a broad network amongst government authorities
and within telecommunication industry. He is also experienced
in building up a major Internet business in China, having
successfully operated Xinhai Technology Development
Corp., an Internet value added company, that within
three years became the largest in web hosting and domain
name registration business in China.
Mr. John Li received his Master degree
in Finance from The Central University of Finance and
Economics. He was President of an Investment Company
owned by Beijing Municipal Planning and Management Committee
and was President of Beijing Sitech Corp. before he
joined QuickNet.
Mr. Frank Wu received his Master degree
from Telecommunication Scientific Technology Research
Institution. He was Senior Manager of Motorola China
Computer Department for many years. He is involved in
developing the national standards of billing and access
systems for telecom service providers in China.
''Together, Mr. Li and Mr. Wu forged
a deal giving the company the usage rights to two national
access phone numbers: 1111 from China Mobile and 9111
from China Unicom,'' said Ms. Du. ''This gives our company
a tremendous competitive edge when it comes to messages
services. We are one of the very few companies in China
with such rights.''
''We are in a very favorable position
with our SMS infrastructure platform designed to meet
the mobile communication needs of our corporate and
government clients,'' Ms. Du continued. ''The management
team at QuickNet struck favorable deals and as a company
we are now in a position to begin executing the next
phase of our business growth phase,'' Ms. Du concluded.
About China Mobility Solutions, Inc.
China Mobility Solutions, Inc. ("China
Mobility") is a provider of mobile solutions for
businesses across China. By 2007, analysts expect China
to have more than 500 million mobile phones in operation.
More than 200 billion text messages were sent through
mobile phones in China last year, up from 19 billion
in 2001.
China Mobility has a client base of
more than 5,000 Chinese corporations, access to more
than 500,000 additional companies through its proprietary
database of clients, and is in a position to become
the largest provider of mobile business solutions services
in China.
China Mobility has revenue profit-sharing
contract with China's largest telecommunications companies
-- China Mobile, China Unicom, and China Telecom.
About QuickNet
QuickNet Telecommunication Corp. (''QuickNet'')
is an enterprise mobile solutions provider based in
Beijing, China. QuickNet is one of the first companies
in China to focus on mobile solutions directed at businesses
in China. QuickNet's strategy of targeting corporate
users is aimed at achieving a higher percentage of recurring
revenue and better margins.
QuickNet is one of a limited number
of companies in China to successfully obtain usage for
national value added services access numbers from China
Unicom and China Mobile, enabling QuickNet to offer
its service nationwide. QuickNet has developed a highly-advanced
technology platform, with advanced database management,
CRM and message auditing functionality. QuickNet launched
its enterprise mobile marketing services in July 2003
and quickly became cash flow positive by the end of
2003, with US$1.2 million of fees collected in its first
half-year of operations.
Forward looking statement
Any forward-looking statement in this
press release is made pursuant to the ''safe harbor''
provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements involve risks
and uncertainties including, but not limited to, economic
and political factors, developments of the Chinese and
North American markets and changes in regulatory matters.
The Company disclaims any obligation to update any such
factors or to publicly announce results of any revision
to the forward-looking statements contained herein to
reflect future events or developments.
For more information, please contact:
John Roskelley, President of First Global
Media,
Tel: +1-480-902-3110
SOURCE China Mobility Solutions, Inc.
John Roskelley, President of First Global
Media,
+1-480-902-3110
(CHMS) |