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 Click Here for more Intrado Charts.
Intrado (NASDAQ:TRDO)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Intrado Charts.