Intrado and PDAger Complete Formation of China Joint Venture; Intrado (XieAn) Technology (China) Co. Ltd to Deliver Enhanced Eme
September 06 2005 - 3:00AM
Business Wire
Intrado Inc. (NASDAQ:TRDO), a global provider of integrated data
and telecommunications solutions, and PDAger (XieJin) Technology
Development Co., Ltd., a provider of mobility services and wireless
emergency call solutions, today announced that Intrado (XieAn)
Technology (China) Co. Ltd, a joint venture between the two
companies, has been granted a business license allowing it to
operate in China. Headquartered in Beijing, the company will
develop enhanced emergency communications solutions for public
safety and disaster management agencies in China. "We are excited
about the formation of XieAn and the opportunity to enter the
emergency services market in China," said George Heinrichs, Intrado
chief executive officer. "We look forward to working with PDAger to
develop solutions that address the needs of this growing market."
Intrado and PDAger announced plans for the joint venture on June
30, 2005, and have since completed all of the requirements of the
People's Republic of China for issuance of a business license as a
technologically advanced company registered in the Zhongguancun
National Science-Tech Park in Beijing. Intrado (XieAn) will combine
Intrado's emergency services and 9-1-1 call routing and location
provisioning expertise with PDAger's enhanced emergency calling
services platforms to deliver effective emergency communications
solutions for the local environment. "Intrado and PDAger bring
complementary skills and expertise to this endeavor," said Zhu Qiao
Zheng, CEO of PDAger. "We are pleased at how quickly we have been
able to realize our shared vision of establishing a joint venture
that will deliver emergency communications solutions in China."
About Intrado For more than two decades, telecommunications
providers, public safety organizations and government agencies have
turned to Intrado for their communications needs. Intrado provides
the core of the nation's 9-1-1 network and delivers innovative
solutions to communications service providers and public safety
organizations, including complex data management, network
transactions, wireless data services and notification services. The
company's unparalleled industry knowledge and experience reduce the
effort, cost and time associated with providing reliable
information for 9-1-1, safety and mobility applications. Additional
information on Intrado, its products and services, and past press
releases can be found at the Company's Web site: www.intrado.com
About PDAger Beijing-based PDAger is licensed as a Nationwide
Telecom Value Added Service Provider in China. The company has more
than a decade of experience in GPS/GIS/LBS applications. Additional
information on PDAger can be found at the Company's Web site:
www.pdager.com.cn Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995 This announcement contains
expectations and other forward-looking statements regarding
Intrado's ability to develop and deploy enhanced emergency
communications solutions for public safety agencies in China.
Readers are cautioned that actual results may differ materially
from the forward-looking statements in this release as a result of
certain factors, including issues related to the requirements for
doing business in the Chinese public safety environment, unforeseen
problems and delays in the integration of Intrado technology with
that of PDAger, and other factors identified from time to time in
filings with the Securities and Exchange Commission. Existing and
prospective investors are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
hereof. Intrado undertakes no obligation to update or revise the
information in this press release, whether as a result of new
information, future events or circumstances, or otherwise.
Intrado (NASDAQ:TRDO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Intrado (NASDAQ:TRDO)
Historical Stock Chart
From Jul 2023 to Jul 2024