r7315
18 years ago
Great Rev News! TCOM Generated 10,000 Enterprise Video Users in October, Each User Will Pay a Monthly Fee of $60 Starting November 2006
PR Newswire "US Press Releases "
HONG KONG, Nov. 1 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM), the Total Solutions Provider, announced today that its subsidiary, Subaye.com corporate video sharing channel launched in October, has generated more than 10,000 enterprise video users to uploads, storage, sharing and publishing 20 day period. It is currently averaging over 500 new users each day.
"The Subaye.com enterprise video service revenue generating monthly fee of $60 for each business user starts on November 1. We believe this new service offering will add one more substantial revenue stream for us, forecasted to be 100,000 users in 2007," said Y.F. Su, Vice President of TCOM.
About Telecom Communications, Inc.
Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd. (http://www.subaye.com), IC Star MMS, Ltd. (http://www.icstarmms.com), 3G Dynasty Inc. (http://www.skyestar.com) and Guangzhou TCOM Computer Technology Limited.
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Sandy Tang
Telecom Communications, Inc.
Tel: +852-782-0983
Email: pr@tcom8266.com
SOURCE Telecom Communications, Inc.
hogfan2
18 years ago
TCOM....IC Star MMS Enters Agreement With Sohu.com to Supply Entertainment Contents
HONG KONG, July 25 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM) today announced its subsidiary, IC Star MMS Limited ( http://www.icstarmms.com ) has entered into an agreement with Sohu.com Inc. ( http://yule.sohu.com ), one of largest internet portals in China.
'Under the terms of the agreement of cooperation, IC Star will provide pictures, movies, videos, music and other infotaintment content products to SOHU entertainment channel,' Liu Yan, COO of IC Star stated.
About Telecom Communications, Inc.
Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd. ( http://www.subaye.com ), IC Star MMS, Ltd. ( http://www.icstarmms.com ) and 3G Dynasty Inc. ( http://www.skyestar.com ).
Safe Harbor
The statements made in this release constitute 'forward-looking' statements, usually containing the words 'believe,' 'estimate,' 'project,' 'expect,' or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Sandy Tang
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@tcom8266.com
SOURCE Telecom Communications, Inc.
Source: PR Newswire (July 25, 2006 - 11:14 AM EDT)
News by QuoteMedia
www.quotemedia.com
happycampers
19 years ago
Report on TCOM
Microcap Monday: Triple Digit Gains on TCOM ($0.55)
Monday, August 8, 2005
By Danny Deadlock
Note: Conflicts and Disclosure Policy- StockHouse Editorial writers may own, buy, or sell shares in public companies mentioned in their articles. Please be advised that a conflict may exist and that any investment decisions you make are your own responsibility. You should not make any kind of investment decision in relation to these articles without first obtaining independent investment advice from an authorized investment advisor. Complete Conflicts and Disclosure Policy.
Visit the Danny Deadlock Bullboard here.
Important Notice: We speculate on microcap stocks, we do not invest. Speculating on microcaps (penny stocks) is nothing more than educated gambling and you must always be aware that it is extremely high risk. The returns can be tremendous, but never speculate with more than you can afford to lose as they are often subject to extreme volatility. We are not investment advisors but are here to provide insight into various aspects of the market and research into microcap stocks we feel offer strong growth potential over a 12 to 18 month period.
The Importance of TCOM SME's to Baidu
Remember the good old days? January 2000, when foreign taxi drivers had stock tips and your stock broker actually made you money? Well it was deja vu all over again on Friday when the shares of Baidu (NASDAQ: BIDU) gained 400% on the opening day of a new NASDAQ IPO.
If you haven't watched the news since Friday or picked up a newspaper, you likely don't know that Baidu is billed as the Google of China. The company commands about 80% of the search engine market in China but unlike Google, its revenue is dramatically lower (forecasted to be in the range of $30 million U.S. for 2005). However, it’s the future earnings potential that has everyone licking their lips.
In the United States (297 million people), approximately 68% of the population use the internet. In China (1 Billion people), approximately 10% of the population are on the internet. This also doesn't factor in the 300 million mobile phone users in China who are very tech savvy. Many analysts (including myself) believe China is at the point of internet usage we saw in North America during the mid 1990's. And we all know the type of explosive growth companies saw within a few years of that (in particular the early market leaders).
Many parts of China will unfortunately never see the technology needed for internet access but even with 50% market penetration in three years, the numbers are staggering. As China's population and economy continue to grow, the number of internet users could grow to several hundred million. First consider the following statistics:
Population estimate for North America in 2005 - 328,387,059
Internet users as of June, 2005 (68.0% penetration rate) - 223,392,807
Right now Google commands a market cap in the range of $80 billion. Baidu is currently worth $4 billion (based upon a share price of $125). The big difference right now is in revenue. For the last quarter, Google reported huge revenue of $1.3 Billion and Q2 net profit of $343 million. Baidu on the other hand will see revenue in the range of $30 million for all of 2005.
So how is it a company with such small revenue by comparison can command a market cap in the range of $4 billion? It’s because of the statistics above and the future growth potential. Institutional investors, hedge funds, and even retail investors, are all gambling that China is in the early stages of the same cycle we saw in North America several years ahead of the 2000 tech boom.
Importance of SME's (Small and Medium Enterprises)
For several years no one could understand how to make money on the internet - particularly through search engines. Even in 2000, companies like Yahoo, MSN, and Google were receiving enormous traffic to the search engines, but no one had a profitable business model. It was a lot like having a computerized index system for the world’s largest library and shopping center. Millions were walking through the door every day using your system for free, but who was going to pay the bills? It sure wasn't going to be the visitor or consumer - even though they wouldn't know where to start without your service.
Then along came a company called goto.com who thought of charging the businesses interested in selling something. The business or vendor (SME) knew by that stage it was impossible to get listed at the top of the search engine results and if you weren't on that first page, it was like finding a needle in a haystack. So Goto came up with a "pay per click" business model that didn't serve up the banner ads everyone was ignoring, but instead moved search results for specific keywords to the top - but only those results people or companies paid for. The vendor got exposure and only had to pay each time the user clicked on that search summary ($0.05 to $XX based upon a competitive bidding process for keywords).
It was a lucrative model and the first time major search engines saw a method of making money from search results - and making lots of it. It didn't take long for Yahoo to buy out Overture for $1.6 billion and now companies like Google are raking in enormous amounts of cash from search results using that same Overture concept.
So what is the importance of the SME?
Search engines depend upon millions of people like you and I to search for stuff on the internet every day. But do we pay for it? No. Large corporations are search engine advertisers but primarily it’s the small to medium sized business - anything from Jane Smith selling knitted sweaters in Alaska to a midsized insurance company in Toronto that employs 300 people.
If you took a detailed look at who is generating the revenue for companies like Google, Yahoo, and MSN, it's not the world's largest corporations or the individual consumer. It's the thousands of small and medium sized businesses (SME's) across North America who have something to sell.
China is no different, and while investors are awestruck over the growth potential of the internet in China, everyone is overlooking the importance of the SME in that country. Even with Baidu, when the smoke settles, it will be the SME's across China and abroad (those that want to sell something to the billion people in that country) that will pay the bills and drive top line revenue growth for the search engines.
That Brings us to Telecom Communications, Inc. (TCOM/OTCBB $0.57)
One of the reasons we started following this company in the first place, was their advanced technology for the internet and mobile phones, world class customer service, and their experience and understanding of this huge but unique market. Of particular importance, and the area that most are overlooking even with Baidu, is their focus on one million SME's in China.
A major component of TCOM's (OTCBB: TCOM) business model is providing products, services, and technology tailored specifically for the needs of the SME. Technology that not only assists them with marketing and promotion over the internet, but over mobile phones and wireless devices. When you consider that this country already has 300 million mobile users, the potential of this aspect is incredible when you combine it with growth of the internet.
TCOM may lack the public profile of Baidu but it's access to SME's and decision to quietly focus its resources on building that niche market is very important. It’s the SME that keeps the lights on at the end of the day. The company has already signed up thousands of SME's for their latest technology services and they have a very strong working relationship with a private company called ICChina. ICChina is likely the largest B2B network in China linking hundreds of thousands of SME's with government agencies, suppliers, etc.
Conclusion
Our last StockHouse update on TCOM was July 4th in the low/mid $0.20's. On Friday TCOM hit $0.75 and pushed our one month gains as high as 200% before moving back into the mid $0.50's. We're still looking at a nice double for the month but TCOM is intended as a long term play for us. The internet has a long way to go in China and these early leaders will likely see the bulk of their gains in the years to come. Besides Baidu, there are half a dozen other major players in China that trade on NASDAQ but they are all priced in the double digits.
TCOM's current market cap is in the range of $40 million - a far cry from everyone else who boasts valuations in the billion dollar range. TCOM still has a lot of work ahead of it to catch up on the revenue side (forecast is $15 million for 2005) but their % growth to date has been tremendous and I believe we are only seeing the tip of the iceberg right now. Their business model is very solid, the potential in China enormous, and their decision to focus on the SME is very wise as no matter how you slice it, the SME is the cash cow.
--------------------------------------------------------------------------------
Danny Deadlock owns 25,000 shares of TCOM
Minou
19 years ago
I talked too early I guess
Press Release Source: Telecom Communications, Inc.
TCOM Plans Increased Investment to Acquire Entertainment Content After 3G Dynasty Successfully Completes First Stage of Internet Content Service Business Integration
Monday August 8, 1:36 pm ET
HONG KONG, Aug. 8 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) announced today the conclusion of their new growth strategy product line, SEO4Mobile (http://www.seo4mobile.com) and advertiser maximum bid listing system, AdMaxB2Search (http://www.seo4mobile.net), the advertiser work platform of the SEO4Mobile crossover to internet content services. Company management plans increased investment to acquire developing entertainment content in response to strong demand for online and wireless entertainment in China. TCOM's subsidiaries currently provide exclusive artist profiles to their more than 60 business partners, including Baidu.com, 3721.com, Linktone and Kongzhong Internet companies in China. This plan is under management discussion after 3G Dynasty successfully completed the first stage of Internet content service business integration in June 2005.
The plan includes joint ventures with super stars to form a talent management company, strategic investment in a film production company and news media in Hong Kong.
The management will report in detail on the investment plan at the Board Meeting in Hong Kong later this month. TCOM will report its operating results for Q3 on form 10-QSB later this week.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly-owned subsidiaries, Alpha Century Holdings Ltd. (http://www.seo4mobile.com), 3G Dynasty Inc. (http://www.icstarmms.com ; http://www.skyestar.com ) and icstarmms.com, which currently provides entertainment content to 63 China internet companies including: Baidu.com, Shanghai Linktone, 3721.com -- a Yahoo company, Kongzhong Corp., QQ.com and eLong.com under cooperation partnership agreements since 2003.
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Sandy Tang,
Telecom Communications, Inc.
Suite 2412-13, Shell Tower, Times Square, Causeway Bay, Hong Kong
Tel: +852-2782-0983
Email: pr@tcom8266.com
Source: Telecom Communications, Inc.
happycampers
19 years ago
Telecom Communications, Inc. Announces Stockhouse.Com Editorial Covers TCOM: 'China, Can You Hear Me Now?' By Danny Deadlock
Danny Deadlock's Research Leads Him to the Far East and a Telecom Company with
the potential of a Billion Served
HONG KONG, Nov. 3 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM) announced today the release of an independent investor research report published by MicroCap.com on Stockhouse. The report comments upon the explosive growth within the Internet industry in China and specifically highlights the potential for Telecom Communications, Inc. within this industry.
Mr. Danny Deadlock, Publisher and Analyst for MicroCap.com, released the report to present the results of his most recent independent investor research on the Internet industry in China and, specifically, Telecom Communications, Inc.
"I believe Mr. Deadlock's research report offers a complete perspective on the current state of the Internet industry and market. This is the most concise explanation of our market I've seen. He is one of the few independent investor analysts covering the telecom and relating industry," said Shanhe Yang CEO. "I am pleased to see that Mr. Deadlock has commented favorably regarding our investor's opportunity for stock appreciation. In addition we're complimented by his high regard for the work we continue to do in building a world-class organization."
China, Can You Hear Me Now?
Monday, Nov 1, 2004 By Danny Deadlock. The report is available at http://www.stockhouse.com/shfn/editorial.asp?edtid=17408
Telecom Communications (TCOM $0.43)
52 week High $2.36 Low $0.09 Market Cap: $30 million
Too Much Money, Not Enough Players
Thanks to Google and Yahoo, major U.S. Internet players are back in vogue and the few public Chinese internet (or mobile phone services) companies you can find, are commanding huge value as the money rolls in by the truckload. All listed on Nasdaq, SINA ($33.71), SNDA ($31.20), and NTES ($46.06) all boast revenue in the range of $200 million, cash in the range of $100 to $200 million, and market caps in the range of $1.5 billion!
Silicon Valley venture capitalists and several large public companies are dying to tap into the Chinese tech market but they're finding this a tough nut to crack. Earlier this year, Google made a small investment in Baidu (China's largest and most popular search engine), but even after raising only $11 million from venture capitalists, it stated it was profitable and did not need to raise more money at the moment -- words rarely heard on Wall Street. Numerous investment bankers have approached Baidu about a Nasdaq IPO but the company is in no rush after seeing their recent sales quadruple.
Cliff Higgerson, partner at Palo Alto's ComVentures, recently returned from China and is evangelizing his other partners to invest in telecom there. "We feel China is the most important single event in a generation," he says. For years, if not decades, entrepreneurs have dreamed of making it in China, salivating at the prospect of more than a billion people and an economy growing at 9 percent a year."
"China draws more investment capital in a year than India does in a decade," says Ram Shriram, an angel investor and early backer of search engine Google. He has invested mainly in India, but China is grabbing his attention. "It makes the industrial revolution look lame in contrast," he says.
An Insatiable Appetite for Technology
You can understand the enthusiasm. According to the Ministry of Information, China's internet users are estimated to grow to 111 million this year, from 81 million in 2003. With 1.3 billion people, that is only 8.5% of the population. The United States has 300 million people, approximately 60% of which are on the internet. If China internet usage grows to 20%, there will be as many people on the Internet in China as the entire population of the United States.
While the internet potential is staggering even for the few companies that dominate that space in China, the number of mobile phone users is even more impressive. Current statistics show approximately 260 million mobile phones in use and billions of text messages (SMS -- short message service and MMS -- multimedia messaging) sent every month. As availability increases, these numbers will hit staggering proportions.
The Convergence - Mobile Phones and the Internet
Within the last two years, the mobile internet market has grown from 200 million to more than half of the 1.3 billion mobile phones used worldwide -- a revolution some are comparing to the switch from the electric telegraph to the telephone in the last quarter of the 19th century.
According to industry experts, the number of internet-connected mobile phones will soon exceed by a large margin, the number of internet-connected PCs. Analysts estimate the worldwide number of active PCs to be between 500 million and 750 million, well short of that 1.3 billion cell phone figure -- and the gap is going to grow, particularly in places like China, where generations may skip the PC altogether and move directly to smaller mobile units of one type or another.
China based Sina Corp ($1.7 billion market cap) recently announced that its net profit rose 24% in the third quarter because of higher revenue from its new value-added mobile services (revenue in total jumped 65% to $52 million). The Chinese have an estimated 250 million mobile phones in use and unlike North Americans, send Billions of text/instant messages (SMS and MMS) every month. Their dependence upon the mobile phone is equivalent to our dependence upon the computer and it is estimated 30 million new users will arrive every year.
In July 2004, SINA acquired (for approximately $36 million U.S.) a private company with an instant messaging technology platform that was only launched in 2002. Within 2 years that company obtained 80 million registered user accounts. As these China internet companies continue to be acquired by North American corporations (in 2003 it was estimated that Yahoo paid $120 million for 3721 Inter China Network Software), it will drive up the value of those that remain.
Snapshot View of TCOM
The company trades on the OTCBB (OTCBB: TCOM) in the U.S. but only to accommodate the raising of capital and provide liquidity for existing shareholders (see Taikang below). Otherwise this is a pure play on a Chinese based technology company. All management is in China and all clients (at this time) are in China. TCOM specializes in technology for mobile phone applications with an emphasis on short messaging (both text SMS and multimedia MMS). They cover all aspects of the technology and even provide corporations they partner with a call center to support their clients. Their business partners already include some of the largest internet and mobile phone companies in China -- Shanghai Linktone, 5Wan, Tencent, and 3721 (div. of Yahoo). In only a few months of establishing these relationships, TCOM acquired 6 million subscribers for its services.
This is only one aspect of their technologies but the SMS/MMS solution for corporations offers advanced internet, wireless capabilities without the need to install expensive hardware at the customer location. Each user gets a unique code number and an associated web page to manage incoming and outgoing short messages, multimedia messages, phone calls, voice mails and emails with one common interface. The service also allows simple, rapid administration of a company's telecom services, including adding new customers and moving telephone number locations online (VoIP) without the cost of a telecom support department.
End users can consolidate their multiple phone numbers (home, office, mobile) with a single personal telephone number so callers reach them wherever they are. A personal virtual SMS/MMS number handles all incoming faxes. The unified visual mailbox conveniently manages voicemail and faxes just like e- mail. Robust call logs and integration with Microsoft Windows Media Player and Instant Message allow users to make and auto reply questions with just a mouse click.
The Importance of SEO4Mobile (Search Engine Optimization for mobile
phones)
SEO4Mobile appears to be the first service of it's kind offered anywhere for mobile phones. It is very important as most of you may remember that the major search engines in North America (Yahoo and Google for example) could not develop a money making business model until pay per click advertising came along (pioneered by Overture who were bought out by Yahoo for $1.6 billion). Now the major search engines are reporting enormous profits on explosive revenue.
SEO4Mobile offers wireless mobile phone providers the ability to use a short message service (SMS) search feature. Users who enter a relevant keyword or keyword phrase, along with a geographic identifier, can send searches in via an SMS and receive a multimedia response that has been processed through a search engine on the internet. By specifically laying out a separate search SMS for the geographic portion, SEO4Mobile helps structure the search in a simple and efficient way for the searcher.
SEO4Mobile will then parse out its advertiser keyword ads that have a local identifier as it sends them to its distribution partners, thereby returning very targeted results for mobile searches. This augments TCOM's recently announced pay-per-SMS service, as pay-per-search advertisers choose the region in which they wish their advertisements to be displayed.
Pay per click advertising for the search engines has become a multi- billion dollar business and when you consider the importance, and enormous size, of the mobile phone market in China, this technology has the potential to hold tremendous value. Sales in Yahoo's advertising business more than tripled to $765 million, due its acquisition last year of Overture. While the market in China still has a long ways to reach that point, iResearch estimated the country's search market will be worth an estimated $50 million this year and it is expected to grow to $200 million by 2006.
On October 7th it was announced that TCOM's subsidiary Alpha Century Holdings Limited, was applying for multi-country patents on the SEO4Mobile technology. If it is as unique as it appears, and patents can be locked up, the potential market on a global basis is enormous.
The October 22nd addition of AdMaxB2Search
In another important technology launch, the company released an advertiser maximum bid listing system for mobile phone service providers (very similar to what overture developed for it pay per click advertisers on the search engines in North America). AdMaxB2Search was developed specifically for small to mid- sized businesses who want to add valuable advertising content to SEO4Mobile quickly and simply, without impacting their design or operation. Through a step-by-step, wizard-driven set up, TCOM's advertisers and their partners can easily manage their accounts online. Revenue will be shared between TCOM and the advertisers on a pay per click basis. Advertisers who use the service will be given access to SEO4Mobile's 10 million users and 300 service providers.
Basically this is an Overture scenario all over again but for the mobile phone market. With 1.3 billion worldwide, the potential is incredible -- IF they can lock up patents globally. Either way, it has tremendous growth potential in China alone where the number of mobile phone users should reach 300 million by next year. TCOM will generate monthly fixed fees from advertise distributors and earn revenues on a per-search basis."
Rapid Growth Already and the Importance of Baidu
As mentioned above, Baidu is the leading search engine in China and apparently preferred more than 2:1 over Google. Google owns a minority position in Baidu but that stake is being carefully controlled. On October 26th, TCOM's other subsidiary IC Star MMS entered into a partnership agreement with Baidu. Under this partnership, the two companies will contribute equally to develop content and technology that integrates Baidu with SMS/MMS for the mobile phone market. Content such as entertainment and gaming and other new services will then be marketed through the Baidu portal which reaches 90% of the 100 million Chinese Internet users.
Recent media states that Baidu's sales are soaring in part from sponsored links similar to those offered by Google and Yahoo! Revenue apparently doubled in 2004 and is expected to double again in 2005. It wouldn't be surprising to see Baidu and TCOM working closer together on the SEO4Mobile technology as it would rapidly expand the Baidu market to the several hundred million mobile phone users in the country.
Other significant contracts in 2004 (most over the past couple months):
1) Providing customer care services for more than 3,000,000 clients of Taikang Life Insurance. Creates a fixed revenue of $120,000 monthly over 36 months
2) 2-year contract from Results Group Int'l Limited who serve the main betting entertainment clubs in Asia. Providing Results Group racing information, betting ticket care services for approximately 2 million mobile phone internet opt-in users. Revenue of $64,100 monthly over 24 months plus $6,410 monthly in support fees.
3) Provide services to the 1 million readers of Media Group's Hong Kong travel guide
4) 2-year contract from Valuerise Group using SEO4Mobile. Fixed revenue of $100,000 per month over a 24-month period, plus a percentage share of the revenue earned by Valuerise Group and its partners.
5) Signed a cooperation agreement with World-East Development Group to bundle SEO4Mobile with certain mobile phone handsets with free of charge service to customers for a limited time. World-East runs a large retail chain of mobile phone handset and accessories in China. They sell 950,000 units annually and have 400 outlets along with members of an alliance.
Even as a Pure Play on China, TCOM has fallen below Everyone's Radar (for
now)
When you're a small penny stock it's extremely difficult to attract attention (or buying) unless the media finds your story, or a news release grabs the attention of a large brokerage firm. Right now, one of the few ways to play the upcoming China tech boom is through the billion dollar companies mentioned above. Very few (legitimate) penny stocks are managed 100% from China, have 100% of their clients in China, and have large control blocks of their stock held by Chinese corporations. This in itself creates risks, but it's also the reason people pay $0.40 and not $40 at this stage. Often a person can buy a stock like this and hope that within a couple years it might be worth a couple dollars (or more). The same type of percentages on a $40 stock mean watching a share price go from $40 to $200 (very rare -- but not with penny stocks).
With TCOM I've seen it bounce all over the map and the only way to properly speculate on a stock of this nature is to plan for the worst and hope for the best. A person needs patience of 12 to 18 months and the ability to risk losing half your money (or more). All kinds of scenarios beyond your control could have a negative impact on this stock (foreign policy, poor management, market corrections, etc.) and you should never speculate without assuming that problems can, and often will, occur. In assuming this risk, you do so with the "hope" that the greater risk means greater rewards. With the underlying fundamentals of both the company and China itself, there are tremendous growth opportunities here. IF the company is able to fully capitalize on them, the share price will reflect it.
On October 20th, the company did something very smart and announced that an Asian based company would handle Investor Relations for TCOM and promote the story across China and other parts of Asia. They would hold conferences on how Chinese can buy a stock like TCOM, and provide guidebooks and a hotline. This is the first time I have seen this done and as many of you know, the Asian people can be huge risk takers (you only need to visit the tables in Vegas to recognize this). As the Chinese economy continues to boom, more and more locals will be looking for places to invest their money and strong local stories have the potential to attract significant capital.
There are times when this stock provides tremendous liquidity, and other times when it won't trade at all. You have to time purchases very carefully and always remember that some OTC market makers can be ruthless and manipulative. Never buy or sell these stocks using market orders and be prepared for a possible roller coaster. This is a story that appears to have tremendous potential but its share structure could make it subject to extreme volatility at times.
Disclosure: Danny Deadlock owns 15,000 shares of TCOM
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its subsidiaries. Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.icstarmms.com/ ).
About MicroCap.com
Danny Deadlock is the Publisher of MicroCap.com (http://www.microcap.com/) who conducts research and publishes reports on various companies and industries. His research report is published on Stockhouse each week. In addition to the editorial published each week on Stockhouse, Danny Deadlock offers MicroCap Premium which is published throughout the week by email and includes more in-depth research on stocks in their portfolio, new picks throughout the month, and broader market commentary & forecasts.
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic limited management infrastructure or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, uncertainty that this or any other acquisition can be completed and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results are included in the Company's filings, available via the United States Securities & Exchange Commission.
For more information, please contact:
Mr. Benny Huang of Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@icchina.net
Telecom Communications, Inc.
CONTACT: Mr. Benny Huang of Telecom Communications, Inc.,+852-2782-0983, pr@icchina.net
Web site: http://www.stockhouse.com/shfn/editorial.asp?edtid=17408
Source: PRNewswire
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Minou
19 years ago
Press Release Source: Telecom Communications, Inc.
TCOM Releases Letter to Shareholders on Forecasted 970% Revenue Growth to Profitable $15 Million in 2005 From 2004 Revenue of $1.4 Million
Tuesday July 5, 1:07 pm ET
HONG KONG, July 5 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) released a letter to shareholders today from Tim Chen, CEO of Telecom Communications Inc., providing an update to shareholders regarding the Company's progress toward its projected growth from $1.4 million in 2004 revenue to a profitable $15 million in 2005 revenue.
Dear Fellow Shareholders,
On behalf of Telecom Communications, I am pleased to confirm that the Company is on track to achieve our $15 million in profitable revenue goal for 2005. To achieve this goal, we have successfully optimized integration of our existing operations, increased the size of our average sales contracts and continued our joint venture new business development progress. We are meeting expectations in all three categories with the recently announced consolidation in progress of our integration union of telecom wireless value-added business as Alpha Century Total Solutions, Virtual Call Center Stations, SEO4Mobile and IBSv4.1 SME software business, a sales pipeline totaling over $10 million in potential sales from less than 30 prospective contracts and 3G Dynasty, an integration union of our Internet Content Service operations, as multimedia entertainment content on WAP and Web base membership fee a pipeline with over $7 million in annual revenue.
TCOM's business is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Our growth strategy is to continue developing new service and products on our solid foundation of network, content and technologies to serve existing customers and the largest consumer market in the world.
Following the major success of Alpha's Total Solutions Provider business model, Our 3G Dynasty's excellent business model that is offers strategic intermediary services to entertainment, game developers and telecom carriers to a market serving more than 300 million users has exciting progress begun on the end of March.
TCOM has continually worked to establish a system that can quickly and accurately respond to the market, as well as raise shareholder value by strengthening the development and competitiveness of each business. As part of this strategy, TCOM has been implementing the integration of development, production and sales of each business within the Company.
TCOM has determined that a huge positive impact will be realized from integrating the functions of the various contracted operations lines of business and that as a result, 3G Dynasty Inc. will become more competitive and synergies will be realized between its marketing, product development and sales organizations. It is also projected that as more resources of the Company are built up, the strategic alliance structured, the overall efficiency of Company management will improve, providing even greater shareholder value.
Management does not consider the lack of market capitalization improvement cause for concern at this stage. The Company is growing rapidly and still forecasting dramatic growth in both revenue and profitability. Management anticipates that the market will require a substantial demonstration of progress toward the forecasted growth before the market capitalization will begin to reflect the intrinsic value of TCOM's business. As the Company continues to close on elements of the Total Solution Provider and Internet Contents Service, management expects the equity market will recognize the likelihood that the forecasted $15 million in profitable 2005 revenue is obtainable resulting in an increased market capitalization.
We encourage shareholders and interested investors to learn more about the Company, its business plan and corporate progress. The Company's press release archives provide more detail on the Company's business model and the many initiatives launched to accelerate and expand the business model. We expect our progress to soundly demonstrate the achievability of our forecasted goals and overcome the apparent market doubt reflected in our current share price.
The planning for the integration of TCOM' s total solutions provider-information manager system, SMS/MMS virtual call center CRM systems, SEO4Mobile, SME's software developing and distribution operations is continuing and is expected to be completed this summer. The Company is also in the process of planning a spin-off of the total solutions provider subsidiaries to an IPO, becoming an independently public traded company that will include a dividend distribution of subsidiary stock to all TCOM shareholders. Details will be provided as plan is finalized.
Please do not hesitate to contact the Company at ir@tcom8266.com or 852-2782-0983 to receive more information or to find out about one of the upcoming investor presentations by management.
Sincerely,
Tim T. Chen
CEO and President
Telecom Communications, Inc.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd. ( http://www.seo4mobile.com ), 3G Dynasty Inc. (http://www.icstarmms.com ; http://www.skyestar.com ).
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Sandy Tang,
Telecom Communications, Inc.
Suite 2412-13, Shell Tower, Times Square, Causeway Bay, Hong Kong
Tel: +852-2782-0983
Email: pr@tcom8266.com
Minou
20 years ago
More revenues, financials will look good at the end of the year.
Press Release Source: Telecom Communications, Inc.
Alpha Century Delivers 2nd Shipment of IBS v4.1 Enterprise Suite to Forty-Three SME Users
Tuesday June 21, 11:43 am ET
Order Valued $610,000 Plus $70,000 Monthly Fee of Seat Licenses
HONG KONG, June 21 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM -- News) the Total Solutions Provider, announced today that its subsidiary, Alpha Century Holdings Limited (Alpha), has delivered 2nd shipment of IBS v4.1 Enterprise Suite, to the agent of 43 small middle size enterprises, totaling ten sets of SME Standard Packages plus 7,000 seat licenses according to the second order from corporate users.
IBS v4.1 is a new product line including built-in MoDirect, an innovative suite of technologies that enables wireless and web publishers to target SEO4Mobile users more effectively and allows advertisers to obtain targeted leads with rich demographic data. IBS v4.1 is one of the Total Solutions (TM) family. MoDirect, a combination of total solutions and AdMaxB2Search best of breed marketing and optimization technologies is expected to serve as the backbone of SEO4Mobile's performance based marketing efforts. Corporate users are allowed all information resource management on the intranet/extranet over the internet, plus wireless applications as well as an advertiser to use the MoDirect to publish their products and message services (SMS/MMS) by searches on mobile phones. IBS v4.1 SME Standard Package including 3 servers and software as well as the system integration.
About Telecom Communications, Inc.
Telecom Communications, Inc. a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd. ( http://www.seo4mobile.com ), 3G Dynasty Inc. (http://www.skyestar.com ), and Huiri Electric (PY) Limited.
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Sandy Tang,
Telecom Communications, Inc.
Suite 2412-13, Shell Tower, Times Square, Causeway Bay, Hong Kong
Tel: +852-2782-0983
Email: pr@tcom8266.com
--------------------------------------------------------------------------------
Source: Telecom Communications, Inc.
nlightn
20 years ago
Telecom Communications Announces Stockhouse.com
Monday April 25, 3:27 pm ET
- Editorial Covers TCOM: 'Microcap Monday: TCOM in China' By Danny Deadlock
HONG KONG, April 25 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) the Total Solutions Provider, announced today the release of an independent investor research report published by MicroCap.com on Stockhouse.com.
Following 3 Month Triple Digit Growth, Independent Research Firm Recommends TCOM over SINA, SNDA, and NTES.
A leading publisher of Independent research on microcap stocks, has issued the following research report on TCOM. MicroCap.com has been publishing online since 1995 and their weekly editorial is featured every Monday & Tuesday on the home page of Stockhouse.com, one of the largest investing websites in North America. This new research report comments on the strong growth potential of TCOM with some excellent insight into China.
This report follows our April 21st news release in which we announced quarterly operating statistics for the period ending March 31/05, and reported that the number of new clients using our SEO4Mobile service had grown 526% since Dec 31/04 and new clients for our CRM Virtual Call Center station had also grown by 109% in the same period. Mr. Danny Deadlock, Publisher and Analyst for MicroCap.com, released the report to present the results of his most recent independent investor research on the Internet industry in China and, specifically, Telecom Communications, Inc.
"I believe Mr. Deadlock's research report offers a complete perspective on the current state of the Internet industry and market. This is the most concise explanation of our market I've seen. He is one of the few independent investor analysts covering the telecom and relating industry," said Tim Chen, CEO. "I am pleased to see that Mr. Deadlock has commented favorably regarding our investor's opportunity for stock appreciation. In addition we're complimented by his high regard for the work we continue to do in building a world-class organization."
Features: Microcap Monday: TCOM in China
Monday, April 25, 2005
By Danny Deadlock The report is available at
http://www.stockhouse.ca/shfn/editorial.asp?edtID=17644
Telecom Communications (TCOM/OTC Bulletin Board $0.35)
We've had a few small updates on TCOM (OTC Bulletin Board: TCOM - News) since our initial feature report November 3, 2004 (low $0.40's) but nothing significant since then. By early December the stock had doubled but then, like so many others, it started a correction which has lasted for over 4 months. At the time, we were speculating on the enormous growth potential of China and the cutting edge technology developed by TCOM for the mobile phone market. Regardless of what the share price has done, the company has continued to demonstrate tremendous progress and Thursday released numbers that solidified our reason for following them.
In Q4 2004, the company targeted revenue for 2005 in the range of $10 million U.S. -- for the period ending March 31st they have hit $1.9 million with a 69% increase in net income over Q4/04 to $612k. Not only is it great to see a positive bottom line but at current growth rates, $10 million should be surpassed by the end of 2005. Of particular importance is the numbers they have generated over Q4 in only 3 months.
1. They added 621 small and medium sized businesses to their SEO4Mobile service. SEO4 is a cutting edge technology designed to integrate the internet with mobile phones using search engine technology and a pay per click business model. Once the major search engines like Google and Yahoo incorporated pay per click advertising on the internet, their bottom lines increased dramatically. TCOM, from what we have seen, is the first company to have developed something similar for mobile phone users and advertisers. The success of this technology is proven by the fact it has grown 526% in only 3 months (total now is 739 business users vs. 118 at Dec 31/04). Not only is the growth rate dramatic, but they are doing it in a country with several hundred million mobile phones.
2. Another aspect of their business entails "Virtual Call Center Stations". In North America text messaging on mobile phones is popular but nothing like in China where billions of messages are sent every month. SMS is the basic form (short messaging) but the major growth is in MMS (multimedia messaging). TCOM provides services never heard of in North America for mobile users. Their highly customized, scalable, flexible interactive services, offers clients high value, low cost sales and service solutions using the highly scalable interactive MMS response (IMR), interactive voice response (IVR) and speech recognition solutions. They combine this with an extensive network of China contact centers for live operator support and provide their clients with opt-in subscriptions of Short Message Services (SMS) and Multimedia Message Services (MMS).
So just how big is the market for this? Consider their April 4th news release where they landed a contract to provide services to the CCCA (China Car Club Alliance). The CCCA has 400,000 members! For North Americans, these numbers are staggering. Picture one of the largest lobby groups in the United States -- the National Rifle Association. They have been around since 1871 and have 3 million members. This is a "car club" with 400,000 members - the purchasing power of which is amazing.
The point is ... the growth potential of high quality companies in China is tremendous. Since the end of 2004, TCOM's Virtual Call Center Stations have increased by 109% to 217. In late March, they also announced a new product line (IBS v4.1 Enterprise Suite) which will target small and medium sized enterprises in China (SME's) -- a business with anywhere from a few employees to several hundred employees. In China, the number of SME's is amazing -- somewhere between 1 and 2 million. They have a solid alliance with China's leading B2B company (ICChina) who have established a network of approximately a half million SME's throughout several hundred cities in China. ICChina has already committed to take 600 licenses over a 1 year period (valued at a minimum of $3 million) but the potential exists to increase this number significantly over the next 12 to 18 months.
TCOM has several subsidiaries and each one has the potential to be a significant contributor to the bottom line. Right now the company is focused on China but the technology behind SEO4Mobile could be used across Asia if its success continues to grow rapidly and it can be translated and code written in various languages. Right now however, this is not even necessary. They are sitting in the middle of the most lucrative mobile phone market in the world, and cutting edge technology, products, and services, could see exponential growth in coming years. Add to this, over 1 million small business users for their other products and services, and you have a very compelling story.
Pure China Plays Are Not Easy to Find
Unless you're prepared to pay double digits for the major high profile players in China, it's unlikely you'll find another tech company in this same price range. Especially one with so much growth potential and such strong underlying technology and market share. All of these companies below had the backing of major investment banks and as a result, have extensive analyst coverage and enormous amounts of cash in the bank. Telecom Communications is not big enough to attract the major brokerages (yet) so their goal is to continue building significant market share in China and developing products and services that give them a significant competitive advantage. While the ultimate objective is to get listed on Nasdaq, they may become a merger or takeover target before that happens (within 12 to 18 months at current growth rates). As the Chinese economy continues to expand and the demand for mobile phone products and services grows even larger, major corporations may look to companies like TCOM as a way to capture market share rapidly. These pure China plays boast market caps in excess of $1 Billion:
Sina Corporation (SINA/NASD $26.95) -
http://www.stockhouse.com/comp_info.asp?symbol=SINA&table=LIST
Shanda Interactive (SNDA/NASD $31.90) -
http://www.stockhouse.com/comp_info.asp?symbol=SNDA&table=LIST
Netease.com (NTES/NASD $53.00) -
http://www.stockhouse.com/comp_info.asp?symbol=NTES&table=LIST
300 Million and Growing
Deloitte Touche Tohmatsu (http://www.deloitte.com) is one of the largest accounting and consulting firms in the world, serving over half of the world's largest corporations. They recently prepared an extensive report on business in China and below I have summarized the most important points as they are very relevant to Telecom Communications in their goal to become a world class competitor.
China is quickly shifting from a combination of state-owned and foreign- invested enterprises, to private & public corporations prepared to challenge some of the largest companies in the world. They are not only prepared to serve the needs of their own domestic market, but they are eager to become world class enterprises with a global reach. Much like Japan in the 1950's and south Korea in the 1970's, Chinese companies are set to become world leaders where their strength is not based solely on low cost production. This is a country with tremendous skilled talent that is well disciplined, competitive, and prepared to take calculated risks to achieve their objectives.
In order to succeed on a world class stage, Chinese companies must shift their focus away from simply maximizing output and employment, to improving financial metrics, customer relationships, and properly dealing with competition (both local and foreign). Companies like TCOM are demonstrating this already with world class proprietary technology for mobile phones and customer service that is second to none -- a perfect example was the car club contract in which TCOM was chosen to provide services to over 400,000 members. Right now most North Americans believe Chinese companies want to be more like them. In contrast, we may soon find that corporations will strive to operate more like the Chinese.
The Chinese economy is the fastest growing in the world. However, it is not without its challenges. Key factors within control of the Chinese government include; sensible monetary and fiscal policy, exchange rate management, and international agreements on trade and capital. History has shown that the most successful economies are those that provide the right legal and institutional framework for a market economy. The Deloitte study identified 4 key elements of China's economic success. They include:
1) Rule of Law - Foreign investors must be confident that intellectual capital & private property rights are protected and that any grievances will be addressed and held up in Chinese courts. Not only will this help secure foreign investment, but it will drive the mergers and acquisitions market in China. Without this, foreign capital will move to other regions and possibly miss out on one of the most lucrative booms since the industrial revolution.
2) Rules of Governance - Foreign investors must be guaranteed they have transparent information about Chinese companies. Consistent rules of corporate governance must be properly enforced. This is where investing in Chinese companies that are listed on North American stock exchanges is a major benefit. These companies (like TCOM) are going out of their way to ensure transparency through SEC guidelines and filing requirements. They are hiring auditors recognized by the exchange, and following strict rules of accounting and reporting. These public companies will be amongst the first to benefit from merger and acquisition activity by foreign multi-nationals interested in rapid access to the Chinese economy.
3) Development of Human Capital - For decades China was known for its vast access to cheap, low skilled labor that was the driving force behind factories exporting around the world. This is no longer the case and Chinese corporations have moved well beyond this perception. Locally, Chinese corporations are serving a market in excess of 1 Billion people and are doing so with world class technology. As they consider moves beyond their own borders, they will also increase the skills necessary to operate a world class organization -- management, researchers, other skilled professionals. The government and Chinese corporations will have to (and most already are) invest in education, training, and retention strategies. Chinese corporations like TCOM that are publicly listed, have the benefit of various employee incentive programs that include stock options. For many in China, this benefit alone can be a major factor in deciding what organizations they will work for and this will help companies like TCOM attract and retain highly skilled labour. As we've seen in North America, employee stock option programs have been a driving force behind the success of many of our best technology companies.
4) Business Culture - Business leaders in China must be ethical, devoted to their company's success, and mindful of laws governing their corporation (whether local or through the SEC). Telecom Communications is very committed to all of these requirements. In fact, the company is so committed to success, they recently replaced their CEO after 1 year because they felt someone even better could lead the company going forward. This was even after tremendous growth in the past couple quarters -- but in their pursuit of perfection, it was not enough.
One final issue is the country's entry into the World Trade Organization (WTO). This will require China to remove any discriminatory rules that protect local companies from foreign competition. This is not an issue currently affecting TCOM as their products and services are very unique. Even technology behind products like SEO4Mobile are unique to the outside world so right now there is no fear of outside competition. However, China as a whole must still address these issues and when they do, Chinese companies will emerge even stronger -- particularly if it means they will have access to global capital and credit markets. At that stage, foreign banks will fully participate in the Chinese economy -- a requirement under WTO rules.
Telecom Communications has a Very Bright Future
According to the Ministry of Information, China's internet users for 2004 were estimated at 111 million (from 81 million in 2003). With 1.3 Billion people, that is only 8.5% of the population. The United States has 300 million people, approximately 60% of which are on the Internet. If China Internet usage grows to 20%, there will be as many people on the internet in China as the entire population of the United States.
While the internet potential is staggering even for the few companies that dominate that space in China, the number of mobile phone users is even more impressive. Current statistics show approximately 300 million mobile phones in use and billions of text messages sent every month. As availability increases, these numbers will hit staggering proportions.
Convergence between mobile phones and the internet will play a major role in future growth. Within the last two years, the mobile internet market has grown from 200 million to more than half of the 1.3 billion mobile phones used worldwide -- a revolution some are comparing to the switch from the electric telegraph to the telephone in the last quarter of the 19th century.
According to industry experts, the number of internet connected mobile phones will soon exceed by a large margin, the number of internet-connected PCs. Analysts estimate the worldwide number of active PCs to be between 500 million and 750 million, well short of that 1.3 billion cellphone figure -- and the gap is going to grow, particularly in places like China, where generations may skip the PC altogether and move directly to smaller mobile units of one type or another. Companies like TCOM who are amongst the first to provide leading edge technologies and content for this market, could see exponential growth in market share and revenue.
Disclosure: Danny Deadlock owns 15,000 shares of TCOM.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited (http://www.SEO4Mobile.net ),3G Dynasty Inc. (http://www.SEO4Mobile.com), Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited.
About MicroCap.com
Danny Deadlock is the Publisher of MicroCap.com (http://www.microcap.com) who conducts research and publishes reports on various companies and industries. His research report is published on Stockhouse each week. In addition to the editorial published each week on Stockhouse, Danny Deadlock offers MicroCap Premium which is published throughout the week by email and includes more in-depth research on stocks in their portfolio, new picks throughout the month, and broader market commentary & forecasts.
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Sandy Tang
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@tcom8266.com
Source: Telecom Communications, Inc.
karmah02
20 years ago
TCOM.OB
Press Release Source: Telecom Communications, Inc.
Telecom Communications Announces Quarterly Operating Statistics for the Period Ended March 31, 2005
Thursday April 21, 1:01 pm ET
- SEO4Mobile Advertising Increased by 621 Publishers;Total Solutions Virtual Call Center Stations Increased 109 Percent to 217;Net income was up 69% to $612,201 for the three month period ended March 31, 2005 compared to $362,965 for the three month period ended December 31, 2004
HONG KONG, April 21 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) the Total Solutions Provider, today announced operating statistics for the quarter ended March 31, 2005. Key operating statistics for the first quarter include:
* 621 digital publishers (web and wireless communication) added bringing total SEO4Mobile advertising in service as of March 31, 2005 to 739, a 526% increase from 118 at the end of 2004.
* Total Solutions CRM virtual call center through ASP licensees and business customers 114 stations added bringing total business customers and virtual call center stations to 217 as of March 31, 2005. CRM virtual call center stations added represent a 109 percent increase over the end of 2004.
* Revenue from communication services including products line Total Solutions and SEO4Mobile, was up 20% to $1.88 million for the three month period ended March 31, 2005 compared to $1.58 million for the three month period ended December 31, 2004.
* Total stockholders' equity was increased $0.6 million to $5.6 million compared to $5 million at December 31 of 2004.
* Net income was up 69% to $612,201 for the three month period ended March 31, 2005 compared to $362,965 for the three month period ended December 31 of 2004.
"Our 2nd quarter 2005 results include strong performance in SEO4Mobile and total solutions product lines," said Tim Chen, president and CEO of TCOM. "We are encouraged by the fact that Total Solutions CRM virtual call center sales continue to build momentum and generate increased interest from small businesses. Cash used during the quarter includes our continued investment in our SME software system developments and value added service offerings." TCOM will report its 2nd quarter 2005 financial results at the first week of May 2005.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited (http://www.SEO4Mobile.net ),3G Dynasty Inc. (http://www.SEO4Mobile.com ), Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited.
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Sandy Tang,
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@tcom8266.com
nlightn
20 years ago
TCOM Announces the Formation of 3G Dynasty Inc.; Offers Strategic Intermediary Services to Entertainment, Game Developers and Wireless Telecom Carriers - A market serving more than 300 million users
Monday March 7, 1:49 pm ET
HONG KONG, March 7 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) the Total Solutions Provider, is offering Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communication for interactive media applications. The Company today announced the union of its Internet Content Service operations and the formation of a new entity named 3G Dynasty, Inc.
According to a report released by the Ministry of Information Industry in mid November 2004, the number of mobile phone subscribers in China reached a record 320 million at the end of October. Along with the increase of mobile phone subscribers, the business of short messaging also witnessed a sharp rise of 62 percent year-on-year to more than 176 billion messages in the first ten months. The largest market in the world and our new 3G Dynasty division will play an important role in Entertainment services and content.
3G Dynasty, Inc. will be located in Beijing and Guangzhou China at the facility currently occupied by operations of IC Star MMS and will have responsibility for sales in China of the IC Star MMS product lines: which has been created by original Star SMS/MMS called 'My Star Friends' community - first invented in SMS/MMS interactive between Star and fans around the world. IC Star Club on WAP, and IC Star MMS (http://www.ICStarMMS.com) have contracted with more than 2000 websites and collected all of their Internet and mobile phone users to be the online/offline members. ICStarMMS.com works in conjunction with IC China network and links entertainment & lifestyle information to local communities across China.
The formation of the new company will be completed by March 31, 2005. "The creation of this new company, which joins Internet Content Service operations, is a move that will exploit the synergy between the IC Star MMS and its partnership companies and realizes greater operational efficiencies," said Angel Lau, Executive Director for IC Star MMS Limited. "The timing is right because in China, the world's number 1 mobile phone market, entertainment content is the biggest demand content of the internet - including MMS and 3G wireless phone also. We are extremely excited about the formation of 3G Dynasty, Inc., and are confident that it will serve to reinforce IC Star's brand image of product excellence."
"Today's telecom and telecom value adding service market is a challenging business environment that calls for new strategies and creative thinking," said Angel. "3G Dynasty will be created specifically to address those new market dynamics and help telecom carriers get the most from content programs while effectively handling changes in capacity, deal terms and players."
"We want clients to think of 3G Dynasty as an extension of their management team that brings a depth of technical expertise, analytical thinking and broad industry expertise to the table," said Shanhe Yang, CEO of TCOM. "In talking with carriers, they expressed a desire for a deeper, more integrated offering from their service providers (SP). Our goal is to change that and become an integral strategic partner for content creators and distributors of telecom value added products." Through its strategic alliance, 3G Dynasty, Inc. plans to offer the following products and services:
1. Introduce the first mobile video gourmet program - "Star Taste" and
the special "Celebrity's Menu" that is exclusive for 3G users. Also
bring users the daily updated "Celebrity's column", MMS to share
with friends at "Star's Verse", and direct communication with super
stars under "My Star Friends Talk".
2. Fortune brings users Chinese zodiac, Tarot and horoscope tips.
3. Personalise user's handset with user's own selection of downloads.
Pictures, graphics and ring tunes, whatever! Find out what's hot on
the silver screen - with previews of the latest releases. Get the
latest music videos on GPRS / 3G video mobile phone.
4. Sit back, relax and be entertained. Fabulous content including
Entertainment News, celebrity features, movies, TV dramas and showbiz
news form part of the exciting entertainment content user can tune
into on 3G strategic alliance.
5. Live TV - Selected Info Channels -- wherever user is, user can access
24-hour Live TV - Selected Info Channels. The Selected Info Channels
covers current affairs and financial news in Mainland China, and the
rest of the world, all in Mandarin. Live TV - Movie Channel, user can
access 24-hour Movie Live TV - Movie Channel. You can enjoy the most
classic and remarkable local movies. Live TV - Music Channel, user can
access 24-hour Live TV - Music Channel. Users can enjoy the hottest
music of movies and TV programs as well as the latest movie updates
from Hollywood.
6. In view of importance of life enjoyment as well as self improvement,
3G strategic alliance brings users suggestions of good dining place
and daily clips of "One Minute's English" hosted by renowned English
teachers.
7. Relax and enjoy games from 3G strategic alliance. Choose from a
selection of sport, action, brainteasers and classic games. Find out
the hottest fashion trends with seasonal fashion show videos from the
most renowned fashion brands.
This new company will also benefit from an affiliation with Macau Duplicate Plays (a travel entertainment company), and Animation Studio (a developing stage CGI motion producer in China). 3G Dynasty emulates IC Star MMS's very successful business model of a comprehensive services platform and co-sourcing approach that seeks to redefine the intermediary role.
Alpha Century Holdings Ltd. (a TCOM company) has agreed with Macau Duplicate Plays Limited and Animation Studio, that both parties will establish "strategic partnerships" with 3G Dynasty instead of the original plans that involved an acquisition or a joint venture. The result is both Macau Duplicate Plays Limited and Animation Studio will form a 3G Dynasty strategic alliance.
TCOM has continually worked to establish a system that can quickly and accurately respond to the market, as well as raise shareholder value by strengthening the development and competitiveness of each business. As part of this strategy, TCOM has been implementing the integration of development, production and sales of each business within the Company.
TCOM has determined that a huge positive impact will be realized from integrating the functions of the various contracted operations lines of business and that as a result, 3G Dynasty Inc. will become more competitive and synergies will be realized between its marketing, product development and sales organizations. It is also projected that as more resources of the Company are built up, the strategic alliance structured, the overall efficiency of Group management will improve, providing even greater shareholder value.
In a country with enormous mobile phone usage already, the growth opportunities remain tremendous. China has more than 1 billion people and mobile services will remain a strong area of growth. Entertainment content for these mobile devices is in high demand and 3G Dynasty hopes to become the dominant player within this space.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.ICStarMMS.com).
Safe Harbor
nlightn
20 years ago
Telecom Communications, Inc. Announces Results of Annual Meeting of Shareholders
Monday February 28, 9:55 am ET
Managements Sees Continued Growth and Profitability in Fiscal 2005
HONG KONG, Feb. 28 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) the Total Solutions Provider, is offering Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communication for interactive media applications. The Company today announced results and detailed strategies for growth at its annual shareholders' meeting on Feb. 28th 2005 in TsimShaTsui, Hong Kong.
Voting Results of the Annual Meeting of the Stockholders
Quorum
There were 70,188,000 common shares issued and outstanding, and entitled to vote as of January 28,2005, the record date. There were 68,463,159 shares, or 97.54% of the shares outstanding, represented either in person or by proxy at the meeting, and were voted on proposals 2 and 3. There were 48,441,818 (69.02% of outstanding shares) were voted on proposal 1.
PROPOSAL 1: Proposal to approve the reincorporation of the Company in the
State of Delaware and adopt a new charter and bylaws as part of the merger
Shares Shares Shares
FOR % AGAINST % ABSTAIN %
48,376,923 99.87 61,895 0.13 3,000
Note: 48,441,818 (69.02% of outstanding shares) were voted on proposal 1.
PROPOSAL 2: Proposal to authorize the Board of Directors to effectuate a reverse split of the outstanding shares of common stock on a two to one basis:
Shares Shares Shares
FOR % AGAINST % ABSTAIN %
30,401,604 44.41 38,049,550 55.57 12,100 0.02
PROPOSAL 3: Proposal to elect five persons nominated by the Board of Directors to serve as Directors as indicated below:
Shares Shares Shares
FOR % AGAINST % ABSTAIN %
Guosheng Liu 68,426,809 99.95 36,345 0.05 100
Lijian Deng 68,427,709 99.95 35,445 0.05 100
Shanhe Yang 68,427,709 99.95 35,445 0.05 100
Gary Lam 68,427,709 99.95 35,445 0.05 100
Lirong Liu 68,426,809 99.95 36,345 0.05 100
The Company announced that a majority of shareholders voted for approved Proposal One (to approve the reincorporation of the Company in the State of Delaware and adopt a new charter and bylaws as part of the merger.) and approved Proposal Three (to elect five persons nominated by the Board of Directors to serve as Directors.) Shareholders did not approve Proposal Two (to authorize the Board of Directors to effectuate a reverse split of the outstanding shares of common stock on a two to one basis.)
The Chairman, in a statement issued, said: "The continuing support of the overwhelming number of shareholders reflects investor and shareholders' strong interest and confidence in the current management team. The company has, since last year, further developed its business, its products and systems in the new and exciting field of 'SEO4Mobile' technologies, as well as continued to build the business of all aspects of Total Solutions Systems, Search Engine in the ever growing wireless communications and Internet Industry. Our corporate plans, continues to be well executed, and we are making positive progress in all aspects of the business and its ongoing development. We look forward to a good oncoming year in 2005."
"Looking ahead, we believe that the improvements we've made during fiscal year 2004 have positioned our company for long-term, sustainable profitability and growth. We're going to continue to make improvements during fiscal year 2005 and we also expect to deliver profitable results for our shareholders."
# Basic product line: Total Solutions Systems ASP sales This fixed monthly fees model is basic of revenue. This products line
sales growth to be stronger in the first half of fiscal 2005, with the second
half showing more typical single-digit growth in line with our longer-term
business view.
We are increasing provide contents value added services to existing customers.
# The revenue growth product lines, SEO4Mobile and relating services. This line, the growth in any individual quarter will be based solely on
the size of new business in that period.
# We will launch and marketing new products SMS/MMS Auction Manager and MoDirect System during March to May.
MoDirect is intended to allow wireless and web publishers to SEO4Mobile and optimize advertising units that directly interact with the customer, such as user registrations, user logins, casual search, download and animations plays. MoDirect will be used throughout the AdMaxB2Search workflow platform on web basis, as well as through its extended network of Total Solutions ASP partners. SMS/MMS Auction Manager System not only provides this service to merchant ends but also the consumers end user of mobile phone, as well as all buy and sales active listing on an interactive MMS interface used by SEO4Mobile to manage and real time buy/sales trade. In addition, all integration with the Total Solutions (SMS/MMS call center CRM system and Information Manager System) and the SEO4Mobile partners of Alpha. Their register users to bid with a SEO4Mobile searching are entered into the database via the SMS/MMS Auction Manager Web interface (Web registration is also available). This process also automatically checks the customer's credit history so that delivery options can be adapted accordingly.
* Will increase manpower in membership services only if value added services business exceeds our capacity.
* Increasing CAPEX spending in computer system servers hardware and software to support new assets to replace older equipment and improve productivity.
"We believe that our progress is on track to deliver genuine value to our long-term shareholders and to those who will choose to become holders of TCOM."
"Here is a summary of how we are creating value:
* TCOM is focused on improving performance and providing quality service to customers.
* TCOM has a profitable business model and process in place to manage it.
* Managements is aggressively working the sales and marketing fundamentals of growth:
* TCOM is achieving a double-digit growth in content value added services with gross profit margins increasing as percentage of sales."
"We are pleased with our execution to date and are passionate about executing our strategy for growth in fiscal 2005."
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.ICStarMMS.com).
nlightn
20 years ago
TCOM's Arran Services Division Will Provide Important Leverage to the World's Fastest Growing Economy With a Population of 1.3 Billion People
Friday February 18, 9:00 am ET
HONG KONG, Feb. 18 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM) the total solutions provider, is pleased to provide further information on it's Feb 15th news release concerning Arran Services Limited (a division of TCOM).
There is very strong demand for investment in China from Europe and North America, but finding smaller, high growth Hong Kong based companies on a reputable public stock exchange is difficult. Our announcement this week to assist private Hong Kong companies in going public, provides our shareholders with excellent exposure to our fast growing economy and provides important diversification -- all without tying up more investment capital. At the same time, our shareholders are benefiting from the strength of our existing business model and technologies. Our focus has not changed and we will continue with our aggressive growth plans -- both internally and externally. The announcement this week to have our Arran Services division provide consulting to private companies that will assist them in going public (in exchange for stock and warrants), is simply utilizing our expertise in this field. In return, our shareholders have an opportunity to indirectly participate in the explosive growth these public companies can provide and the positive impact this can have on our bottom line. Our shareholders can be assured that this new service will not be a drain on existing resources and that it provides excellent leverage to future growth opportunities in one of the fastest growing economies in the world. Below is a brief introduction of the (initial) five companies we will be working with.
1) World-East Corporation: a software and services company providing a category of business software known as internet business service (IBS). The Company's flagship product, WEBS CRM System, is a distributed software solution designed to assist businesses over the internet. The System enables manufacturers and service providers to use the Internet to establish and manage continuous connections with automated e-service, operations monitoring and e-commerce offerings. WEBS's customers include end-user clients in many industries throughout China. ASP division of World-East Corp. is a professional services firm that specializes in information technology (IT) solutions and business process outsource services for state and local government agencies through its active business partners in China. The ASP division's comprehensive IT services includes security consulting, infrastructure planning and deployment, information technology application development, legacy systems integration, information technology system support and business process outsourcing services for state and local government agencies. The company's DATA division is an independent architect of enterprise-class information storage infrastructures. They specialize in network availability, data recovery, storage management and support and maintenance.
2) HRDQ Group Inc.: a diversified financial services company seeking to invest in, or acquire, manufacturing, distribution or service companies. They also conduct various venture capital investment activities, performing technology project advisory services for corporate clients, and through an affiliate, purchase/sell intellectual property, license trade marks and franchise network assets.
3) Sparkful Investments Ltd.: a holding company engaged in the financial services business and focuses on servicing the needs of high-net-worth and institutional investors and high-growth companies. The Company, through its Website, provides financial information services to entrepreneurs and venture investors. Through its principal operating subsidiary, contracts with broker- dealers provides investment information for retail and institutional securities services in China.
4) SEN Portal Limited: an entertainment company providing artist management, event, and infotainment to advertisers, TV networks and websites. The Company also operates three networks targeted at cable television system operators and high-powered DTH satellite service providers called the direct broadcast satellite (DBS): MyStar, LiveShow and MusicVideo. SEN Portal Limited is organized into two segments: Artist Management Group and the Infotainment Group which distributes branded entertainment programming content through electronic distribution platforms: cable TV, DBS, hotels and C-Band, & Websites. The company sells content to partners with third-party gatekeepers for the distributors, and wholesales pre-packaged content to various web masters. SEN is also a television broadcast affiliate advertising company. They are focused on developing and operating a group of television broadcast advertising distribution networks in China. The Company has contracted with nine middle-market stations affiliated with CCTV, OTV or GDTV. They have two stations affiliated with more than 22 major cities (cable television network), and its CTV Affiliates. Automotive advertising accounted for approximately 28% of the Company's total gross revenues in 2004 while gross revenues from entertainment businesses accounted for approximately 32%.
5) Free Productions Ltd.: engaged in the creation and production of communication products, primarily video and film-based products. The Company sells its products to three business customer types that comprise the Company's operations: Entertainment, Media Production and Travel Guide. The Entertainment Group creates and produces television shows for cable networks. Media Production develops communication products for corporations, associations and other organizations. The Travel Guide Group creates and produces travel information products for large publishers plus products for sale through third-party vendors and under its own brand, "I Love" Series. The company is in the development stage as a producer and developer of entertainment properties. Its products include documentary film footage and feature film and television scripts.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited ( http://www.icstarmms.com ).
nlightn
20 years ago
Telecom Communications Comments on Abnormal Trading Activity And Clarifies the Reverse Split
Friday January 21, 9:00 am ET
HONG KONG, Jan. 21 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) today announces that the Company's management is unaware of any material change in the Company's operations that would account for the recent decline in share price.
Dear Shareholders and Investors,
We have recently disclosed the following positive developments which we firmly believe will have a positive impact on share value throughout 2005: (i) A Letter to Shareholders on Market Cap Growth in 2005 with an Updated Revenue Forecast; (ii) The company has filed a PRE 14A Preliminary Proxy Statement for an Annual Meeting of Stockholders; (iii) TCOM's Alpha Century Signs LOI to Acquire Macau Duplicate Plays Limited.
We would like to confirm that there are no negotiations or agreements relating to intended acquisitions or realizations -- that can be disclosed. Neither is the board of directors of the Company ("Board") aware of any matter, which can be disclosed, which is or may be of a price-sensitive nature.
EXPLANATION OF (PROPOSED) REVERSE SPLIT and INCREASE IN AUTHORIZED SHARES
We would like to explain our proposals in the proxy statement: the increase in "authorized shares" does not mean that dilution has or will occur. It merely gives the company the ability and authority to issue stock for acquisitions and financings we believe are in the best interest of our shareholders. By voting on such a resolution at the AGM, you are putting your trust in our management and board to make timely decisions. Many acquisitions and financings are dependent upon timely execution and this resolution provides us with the flexibility to act in the best interest of our shareholders throughout the year (without calling special shareholders meetings which are timely and costly). We hope you will agree that over the past 6 months, our management team has executed numerous agreements and joint ventures, which have added substantial value to your company. This proposal provides us the flexibility to continue our plans for aggressive growth and capitalize on those opportunities which we believe will increase shareholder value. The purpose of the reverse split on a 2:1 basis of the issued and outstanding shares of common stock, is to have a more manageable number of shares and to increase the price per share. A reverse split would immediately increase our share price but only artificially at first. Through both internal and external growth, we plan on increasing our shareholder value and share price by executing on our business plan and capitalizing on the rapid growth in China. We have signed some tremendous contracts recently and believe this will only get better as we move into 2005. With a stronger share price and continued growth in our business model, we believe we can attract the attention of brokerage analysts, institutional investors, and large investment bankers. There is strong demand for investment in China and we believe Telecom Communications, with the right business model and share structure, can attract tremendous local and foreign investment. Our ultimate goal will be to meet the listing requirements of NASDAQ and we believe the proposals recently put before you, are the first step in achieving that goal.
By Order of the Board of Directors,
For and on behalf of Telecom Communications, Inc.
Shanhe YangChief Executive Officer21 January 2005.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited ( http://www.ICStarMMS.com ). This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic limited management infrastructure or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, uncertainty that this or any other acquisition can be completed and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results are included in the Company's filings, available via the United States Securities & Exchange Commission.
For more information, please contact:
Mr. Benny Huang
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@tcom8266.com
Source: Telecom Communications, Inc
nlightn
20 years ago
NTV Weekly Selects TCOM's SEO4Mobile for Published TV Program Schedule of 76 Channels in China Over Mobile Phone
Monday January 24, 11:10 am ET
HONG KONG, Jan. 24 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM) the Total Solutions Provider, is offering Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communication for interactive media applications. The Company announced today that NTV Weekly has licensed Alpha Century Holdings Limited (Alpha)'s patent product line: SEO4Mobile (http://www.seo4mobile.com) for publishing NTV Weekly's television program schedule over mobile phone.
NTV Weekly, a publisher of Cable-Net Televisions Alliance (CNTA), supplies details of TV program schedule and brief content for more than 76 channels of television through major cities in China.
CNTA has purchased Alpha's AdMaxB2Search (http://www.seo4mobile.net), the advertiser maximum bid listing system and advertiser work platform of SEO4Mobile. Under the terms of the contract, Alpha will provide the AdMaxB2Search platform to CNTA delivered and working on or before the first week of March 2005. Advertisers who use this service will be given access to SEO4Mobile service providers and its users through search engine optimizers. This services approximately 1500 advertisers of CNTA. The contract is valued at approximately $0.48 million. Telecom projects to receive a license fee and a fixed revenue of $40,000 monthly over 12 months plus value-add service on revenue sharing model.
About SEO4Mobile
SEO4Mobile (http://www.seo4mobile.com) is the original unique new service solution creation by Alpha Century Holdings Limited, a wholly-owned subsidiary of Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News). SEO4Mobile -- Search Engine Optimizer for mobile phones via text messages (SMS) and multimedia message services (MMS), offers wireless mobile phone value-added service providers the ability to use a short message service (SMS) search implementation for their users. Mobile phone users who enter a relevant keyword or keyword phrase, along with a geographic identifier, can send searches in via an SMS to a service code. The search results will be received by a multimedia message service (MMS) and within 5 minutes Search Engine Optimization processes the search through the Internet. Many searchers don't realize that within an SMS search query they can add in a geographic identifier. By specifically laying out a separate search SMS for the geographic portion, SEO4Mobile helps structure the search in a simple and efficient way for the searcher. Now, SEO4Mobile has selected by such service providers (SP) of China Mobile and China Unicom.
SEO4Mobile will then parse out its advertiser keyword ads that have a local identifier as it sends them to its distribution partners, thereby returning very targeted results for mobile searches. This augments Alpha Century's recently announced pay-per-SMS service, as pay-per-search advertisers choose the region in which they wish their ads to be displayed. The SMS/MMS mobile search market is already here, and growing.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.ICStarMMS.com).
nlightn
20 years ago
Telecom Communications, Inc. Releases Letter to Shareholders on Market Cap Growth in 2005 with an Updated Revenue Forecast
Tuesday January 11, 2:48 am ET
CEO Discusses an Annual Meeting of Shareholders and Regulation SHO
HONG KONG, Jan. 11 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM) today released a Letter to Shareholders from Mr. Shanhe Yang, CEO of Telecom Communications.
Dear Shareholders,
The Company has just experienced the first quarter of a new fiscal year with three-months of over 200% revenue growth. Reported revenue in 4th quarter of 2004 was $0.575 million and the Company expects to report $1.8 million revenue with a 40% profit ratio in the first quarter of 2005 against annual total revenue of $1.43 million reported the fiscal year end on September 30, 2004. At the same time the Company built a balance sheet with over $4 million in shareholder equity that has consistently included over $0.5 million in cash. While investing aggressively in growth, the Company still expects to break even for the year with the possibility of booking some modest net income.
During 2004, the price per share experienced notable fluctuations. The first three quarters saw significant price decreases. The fourth quarter, which saw significant price increases, has essentially re-established the market capitalization value to the $40 million dollar mark previously established in the first quarter of 2004.
The publicly listed market experiences various dynamics that can impact a company's price per share and overall market capitalization independent of that company's performance. However, at over 200% revenue quarterly growth and a ten-fold increase in shareholder equity, a negligible impact in market capitalization is difficult to accept as a result of independent market dynamics. With a profitable $15 million revenue and 40% profit ratio forecast in 2005, management plans to take measures aimed at mitigating or eliminating the independent market dynamics constraining the Company's market capitalization growth.
Annual Meeting of the shareholders
You are cordially invited to attend an Annual Meeting of the shareholders of Telecom Communications, Inc. (the "Company") to be held before the end of March. At the Annual Meeting, you will be asked to consider and vote upon the following proposals: such as to reincorporate the Company in the State of Delaware; and other relating business.
In connecting with detail information for the Annual Meeting of the shareholders, Telecom managements will file with the SEC a "SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14 (A) OF THE SECURITIES EXCHANGE ACT OF 1934," as soon as possible. Any inquiries, please contact the Company for details at IR@TCOM8266.com or call (852) 2782 0983.
SEC Regulation SHO
On last Monday, a new Securities and Exchange Commission regulation governing short selling, known as Regulation SHO, will take effect. The regulation aims at modernizing rules on short selling and addresses failures to deliver stock on settlement date. Under Regulation SHO, exchanges are required to provide daily lists of securities that have large amounts that had a failure to deliver.
This required list is referred to as the threshold securities list. Under Regulation SHO, threshold securities are defined by two criteria: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days and, 2) these fails constitute 0.5% or more of outstanding shares. Exchanges will begin publishing daily threshold lists starting January 10th.
Telecom management is optimistic Regulation SHO will have a positive impact on mitigating one independent market dynamic that can constrain the Company's market capitalization growth in spite of significant revenue and shareholder equity growth. Previously, short position data has been difficult if not impossible to obtain. Now such information should be a matter of public record.
In practice, brokerage firms generally have to locate securities before accepting a short sale, a process known as affirmative determination. Brokerage firms also have to borrow a security or be able to provide it for delivery on demand on settlement date, three days after the transaction. If a firm cannot deliver the securities by settlement, the trade is considered failed. Such failed trades are supposed to be rectified promptly, but the industry has not been diligent in rectifying these failed trades or open short positions. Regulation SHO is intended to enforce the settlement of failed trades by providing rules, guidelines and potential trading penalties.
Mary Ann Bartels, global equity trading strategist at Merrill Lynch reports that Regulation SHO could result in higher borrowing costs and put upward pressure on threshold stocks. "Short interest as a percentage of float should become the more important ratio measure to determining stock potentially at risk of moving on to the threshold list," writes Bartels in her report published on Dec. 21, 2004. "A market impact could happen earlier than expected as potential threshold securities stocks could become more attractively traded in the beginning of the year as the market begins to anticipate future movements in these stocks."
Telecom management intends to monitor the implementation of Regulation SHO and consolidate all related information as it pertains to Telecom shareholders. Management supports the new SEC regulation and is optimistic the Regulation will help alleviate one dynamic that currently impairs trading in Telecom's equity and delays the recognition by the markets of our revenue and shareholder equity growth.
Telecom anticipates tremendous year in 2005 of revenue and shareholder equity growth. In tandem with our efforts to minimize the independent market dynamics that pressured the growth in our market capitalization, we believe 2005 will be an exciting year for all shareholders. As always, thank you for your ongoing support.
Best Regards,
Shanhe Yang
CEO and President
Telecom Communications, Inc.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited ( http://www.ICStarMMS.com ). This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic limited management infrastructure or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, uncertainty that this or any other acquisition can be completed and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results are included in the Company's filings, available via the United States Securities & Exchange Commission.
For more information, please contact:
Mr. Benny Huang
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@tcom8266.com
nlightn
20 years ago
TCOM Announces IC Star Theme Club Currently Averaging Over 23,000 New Members Each Day on The WAP Portal
Thursday December 16, 1:21 pm ET
IC Star MMS at News Channel of The WAP Portal Reach Exceeds 19M Mobile Subscribers in China
HONG KONG, Dec. 16 /Xinhua-PRNewswire/ -- Telecom Communications, Inc., (OTC Bulletin Board: TCOM - News) the Total Solutions Provider, is offering Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications. The Company announced today that its subsidiary, IC Star MMS Limited (http://www.icstarmms.com), has generated more than 500,000 members to the IC Star Theme Club during WAP's free promotional 50 day period. IC Star News launched the channel, WAP portal, for China Mobile Communications (CMCC) in early November 2004. It is currently averaging over 23,000 new members each day.
"The uptake in WAP entertainment deployments indicates an increasing interest in differentiated, Interact mobile content services," said Lirong Liu, CIO, Telecom Communications, Inc. "Subscribers and operators continue to seek enhanced services that drive revenue and are finding that subscribers are eager to embrace these new contents. We expect to see continued momentum for the Star Theme space and accelerated deployment of other mobile services that provide entertainment and personalized content."
In November 2004, IC Star MMS announced the launch of Star News WAP service, as well as a party of News channel at WAP portal in China. IC Star MMS has worked with an extensive network of content and integration partners to deliver the free service to WAP users throughout operations. Recently, IC Star MMS estimates that its star theme entertainment content will touch 15-20% of all mobile subscribers as WAP service rollouts progress over the next 12 months. To date, the mobile operators are recording average revenue per subscriber at about $2/month in China.
"Based on the WAP portal of CMCC's success introducing IC Star News services, it is clear that interactive club services, delivered through wireless internet and easy-to-use interface, will drive service revenues for our contents production, membership services and mobile operators." said Shanhe Yang, CEO, TCOM. "We plan a revenue generating bi-monthly fee for club members starting on Q1 of 2005. IC Star Theme Club on WAP is just the latest trend in interactive and mobile entertainment services to capture the imagination of operators and subscribers. We believe this new service offering will add one more substantial revenue stream for us."
About IC Star Theme Club on WAP
IC Star Theme Club on WAP provides the most comprehensive and up-to-date mobile entertainment services in China. The WAP users can access IC Star News for the most comprehensive infotainment news and services in real time. With the formation of the IC Star on WAP club, users who register as club members can enjoy a wide range of unique services and privileges. These include opportunities to receive free tickets for movie previews and concerts, advance bookings for popular concerts, as well as exclusive daily star tracks. In addition, members can participate in all kinds of club activities such as mini concerts and star gatherings. IC Star News also stands on a channel of WAP portal of China Mobile Communications (CMCC).
IC Star MMS is a renowned Internet content provider for encyclopedic infotainment information and services. Mobile WAP users can now access diversified and up-to-date information from IC Star MMS anytime, anywhere. These include 24-hour real-time entertainment news, infotainment guide, daily horoscopes, latest movies and Japanese entertainment news. In addition, Mobile WAP users can obtain SMS/MMS code for top artists in Asia, allowing them to stay in touch with their idols at any time.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.ICStarMMS.com).
About IC Star MMS Limited
IC Star MMS is a China-based local information and services affiliate network. Established in December 1991, IC Star MMS (http://www.ICStarMMS.com) has contracted with more than 2000 websites and collected all of their Internet and mobile phone users to be the online/offline members. Telecom Communication, Inc. owns 100% interest in this Hong Kong corporation. ICStarMMS.com, through IC China network, links entertainment & lifestyle information to local communities across China. IC Star MMS, which has been created by original Star SMS/MMS called 'My Star Friends' community, was first invented in SMS/MMS interactive between Star and fans in the world. Telecom Communications is targeting users of mobile devices such as mobile phone, internet and PDA's. The Company has been working together with other local Chinese companies to develop telecommunication value-added service application software and system integration for commercial, industrial, cultural and educational usage.
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic limited management infrastructure or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, uncertainty that this or any other acquisition can be completed and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results are included in the Company's filings, available via the United States Securities & Exchange Commission.
For more information, please contact:
Mr. Benny Huang
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@tcom8266.com
nlightn
20 years ago
TCOM Introduces SMS/MMS Auction Service Consisting of SEO4Mobile Users in China
Monday December 6, 3:40 pm ET
Value-added on Alpha Century's AdMaxB2Search Platform, Prevail Mobile Shopping with Making Funny
HONG KONG, Dec. 6 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) the Total Solutions Provider, is offering Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communication for interactive media applications. The Company announced today that its subsidiary, Alpha Century Holdings Limited (Alpha), introduces its new product interactive SMS/MMS (short message service / multimedia message service) Auction Service consisting of SEO4Mobile (http://www.seo4mobile.com) users in China. This system will be built on the advertiser work platform -- AdMaxB2Search (http://www.seo4mobile.net).
For the first time, Chinese consumers can determine their own prices for a variety of products by using SEO4Mobile, an auction-like service described by Alpha as via "Matching by SMS/MMS on mobile phone." Like internet shopping networks, viewers are presented with a selection of items for sale, such as books, sporting goods, cosmetics, entertainment items, and gifts, but because the price shown is only a minimum to start the bidding process, the similarity ends by searching result received a MMS. Customers can then offer their maximum price by SMS using the high performance Alpha's SMS/MMS Auction Manager System, built on AdMaxB2Search work platform.
SMS/MMS Auction Manager System not only provides this service to merchant ends but also the consumers end user of mobile phone, as well as all buy and sales active listing on an interactive MMS interface used by SEO4Mobile to manage and real time buy/sales trade. In addition, all integration with the Total Solutions (SMS/MMS call center CRM system and Information Manager System) and the SEO4Mobile partners of Alpha. Their register users to bid with a SEO4Mobile searching are entered into the database via the SMS/MMS Auction Manager Web interface (Web registration is also available). This process also automatically checks the customer's credit history so that delivery options can be adapted accordingly.
"We are planning launch SMS/MMS Auction Manager System, as SEO4Mobile add value service on Jan 2005. Right now, our business team and the software developer enter the final trial running for integrations," said Shanhe Yang, CEO of TCOM, "Wireless message services recognition technology has made huge progress in recent years. The internet and mobile users are enjoy SMS/MMS interactive in China, we expect this new service most value to consumer that more than 250 million mobile users in China. Make their fun, make a new culture of mobile shopping in near future, we are ready for even more as our currently business partners gains in popularity."
SEO4Mobile free users will be registered and pay membership monthly fee as bidders a necessity for the massive searching volume generated by the SMS/MMS auctions. SEO4Mobile business plan anticipates this figure will grow one million bidders in 2005.
About SEO4Mobile
SEO4Mobile (http://www.seo4mobile.com) is the original unique new service solution creation by Alpha Century Holdings Limited, a wholly-owned subsidiary of Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News). SEO4Mobile -- Search Engine Optimizer for mobile phones via text messages (SMS) and multimedia message services (MMS), offers wireless mobile phone value-added service providers the ability to use a short message service (SMS) search implementation for their users. Mobile phone users who enter a relevant keyword or keyword phrase, along with a geographic identifier, can send searches in via an SMS to a service code. The search results will be received by a multimedia message service (MMS) and within 5 minutes Search Engine Optimization processes the search through the Internet. Many searchers don't realize that within an SMS search query they can add in a geographic identifier. By specifically laying out a separate search SMS for the geographic portion, SEO4Mobile helps structure the search in a simple and efficient way for the searcher. Now, SEO4Mobile has selected by such service providers (SP) of China Mobile and China Unicom.
SEO4Mobile will then parse out its advertiser keyword ads that have a local identifier as it sends them to its distribution partners, thereby returning very targeted results for mobile searches. This augments Alpha Century's recently announced pay-per-SMS service, as pay-per-search advertisers choose the region in which they wish their ads to be displayed. The SMS/MMS mobile search market is already here, and growing.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.ICStarMMS.com).
nlightn
20 years ago
here is some of the reason for this momemtum i think>>>
TCOM Announces IC Star MMS Launch at News Channel of the WAP Portal of China Mobile Communications
Wednesday December 1, 11:55 am ET
Partnership to provide the most comprehensive infotainment news and exclusive member privileges
HONG KONG, Dec. 1 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) the Total Solutions Provider, is offering Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communication for interactive media applications. The Company announced today that its subsidiary, IC Star MMS Limited (http://www.icstarmms.com), has launched IC Star News on WAP.
IC Star News a channel of WAP portal of China Mobile Communications (CMCC) provides the most comprehensive and up-to-date mobile entertainment services in China. This service has free promotion over November. China Mobile WAP users can access IC Star News for the most comprehensive infotainment news and services in real time. With the formation of the IC Star on WAP club, users who register as club members can enjoy a wide range of unique services and privileges. These include opportunities to receive free tickets for movie previews and concerts, advance bookings for popular concerts, as well as exclusive daily star tracks. In addition, members can participate in all kinds of club activities such as mini concerts and star gatherings.
IC Star MMS is a renowned Internet content provider for encyclopedic infotainment information and services. CMCC WAP users can now access diversified and up-to-date information from IC Star MMS anytime, anywhere. These include 24-hour real-time entertainment news, infotainment guide, daily horoscopes, latest movies and Japanese entertainment news. In addition, CMCC WAP users can obtain SMS/MMS code for top artists in Asia, allowing them to stay in touch with their idols at any time.
"The mission of IC Star MMS is to connect Chinese people around the world with the most comprehensive and up-to-date entertainment news, products and services," said Mr. Shanhe Yang, Chief Executive Officer of TCOM. "Today's partnership allows users to browse the informative IC Star MMS channel via their mobile phones. The revenue will be generated by a monthly membership fee and open up a new distribution channel for services that will provide more business opportunities for our company. We will continue rolling out new content and develop services, allowing more infotainment services to be available online."
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.ICStarMMS.com ).
About IC Star MMS Limited
IC Star MMS is a China-based local information and services affiliates network. Established in December 1991, IC Star MMS (http://www.ICStarMMS.com) has contracted with more than 2000 websites and collected all of their Internet and mobile phone users to be the online/offline members. Telecom Communication, Inc. owns 100% interests of this Hong Kong corporate. ICStarMMS.com is through IC China network links entertainment & lifestyle information to local communities across China. IC Star MMS, which has been created by original Star SMS/MMS called 'My Star Friends' community, was first invented in SMS/MMS interactive between Star and fans in the world. Telecom Communications is targeting users of mobile devices such as mobile phone, internet and PDA's. The Company has been working together with other local Chinese companies to develop telecommunication value-added service application software and system integration for commercial, industrial, cultural and educational usage.
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic limited management infrastructure or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, uncertainty that this or any other acquisition can be completed and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results are included in the Company's filings, available via the United States Securities & Exchange Commission.
For more information, please contact:
Mr. Benny Huang
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@tcom8266.com
nlightn
20 years ago
TCOM Increases Expectations for New Business in 2005 After Successfully Launching SEO4Mobile
Monday November 22, 12:19 pm ET
TCOM Investors and Business Partners Experience Chinese Business and Consumer Receptivity with Search Engine Optimizer
HONG KONG, Nov. 22 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) announced today the conclusion of their new growth strategy product line, SEO4Mobile (http://www.seo4mobile.com) and advertiser maximum bid listing system, AdMaxB2Search (http://www.seo4mobile.net), the advertiser work platform of SEO4Mobile. TCOM hosted a Business Mission that began on November 18th to introduce and educate shareholders, investors and technology professionals on a number of business activities and opportunities with TCOM in China. The Business Mission started in the TCOM offices in Hong Kong and continued onto Guangzhou. The Business Mission started in the TCOM offices in Hong Kong and continued onto Guangzhou and then traveled to Macao, the last station of the Business Mission.
"The atmosphere in Guangzhou and Macao with the wireless showcase created a warm reception for our telecom value-added Business Mission," said Shanhe Yang, CEO of TCOM. "We wanted to impress upon our investors, shareholders and business partners the explosive business potential of our business in China. The Chinese consumer enthusiasm for the entertainment betting and games in Macao that coincided with our visit paralleled the receptivity our Business Mission enjoyed in meetings with Chinese TCOM business partners. Both the Business Mission events and the wireless communication entertainment and betting and games clearly demonstrated to the Business Mission participants the tremendous opportunity that exists between mobile communications and entertainment in China. The Business Mission participants' reaction to the trip has increased our expectations for the TCOM business opportunity in China in 2005. An updated forecast for our 2005 Chinese revenues will be released in the near future after follow up discussions are completed at the end of this month."
TCOM previously announced its Total Solutions ASP model sales in July, and SEO4Mobile advertising work platform- AdMaxB2Search completed delivery to partners in October. All of the contracted product lines generated a fixed fee, approx. $700,000 monthly, over one to three years. This amount excluded revenue generated by provided entertainment contents to the majority internet and wireless players such as QQ.com, 3721, Baidu.com, Linktone and eLong as well as revenue sharing models and long term cooperation's. TCOM also plans a joint venture for an animation studio in China.
TCOM will report in detail on the Business Mission Trip at the Annual Shareholder Meeting in Hong Kong later this year. Individuals interested in attending can contact the Company for details at IR@TCOM8266.com. Also, given the success of this Business Mission, TCOM plans to host a Chinese Business Mission once per quarter in 2005. Individuals interested in participating in a Business Mission trip can contact the Company for details at (852) 2782 0983.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.ICStarMMS.com ).
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic limited management infrastructure or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, uncertainty that this or any other acquisition can be completed and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results are included in the Company's filings, available via the United States Securities & Exchange Commission.
For more information, please contact:
Mr. Benny Huang
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@icchina.net
Source: Telecom Communications, Inc.
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