CCCI Provides Audio Interview on CEOCast.com
April 15 2005 - 12:38PM
PR Newswire (US)
CCCI Provides Audio Interview on CEOCast.com Management Discuss
Exclusive Cable Network Rights in Baoding China BEIJING, April 15
/Xinhua-PRNewswire-FirstCall/ -- China Cable and Communication,
Inc. (OTC:CCCI) (BULLETIN BOARD: CCCI) , a leading China-based
cable TV company is pleased to announce President and CFO, Mr.
Gareth Tang, has been featured in an interview with CEOCast.com.
CEOCast's programming is distributed to millions of on-line
investors at over 700 financial web sites as well as more than
20,000 portfolio managers, buy-side analysts and traders. To hear
the complete interview with CEOCast.com, please visit:
http://www.ceocast.com/company.cfm?cid=5042&n=115159 During his
interview, Mr. Tang stated "We have an exclusive cable network in
Baoding China. This exclusive network currently eliminates any
cable competition to our company within the region. This region has
estimated population of 11 million. Based on our company
experiencing no competition, we view penetration rate as very
high". Mr. Tang continued to state, "We will continue in our
attempt to build a nationwide fiber optic network and provide
Internet, IP Television and Telephone service. We are also working
on creating a home shopping network which is anticipated to drive
in record revenues for our company. As mentioned in past press
releases, our current goal is to take advantage of the untapped
Baoding and 22 suburban markets. Based on our business model, we
feel CCCI is an excellent opportunity for investors to participate
in the growing Chinese cable television and telecom market. " About
China Cable and Communication China Cable and Communication, Inc.
is a China-based cable TV company. Through its British Virgin
Island subsidiary, the Company is the first foreign company to own
and operate a cable television network in China. Located 85 miles
south of Beijing, the network currently offers 39 channels within
the Baoding city limits and eight additional channels to outer
areas in the Baoding metropolitan area. It transmits in both analog
and digital over its fiber optic network and through 22
substations. With its fiber optic network, Baoding network is
capable of transmitting 37 analog television programs, six digital
signals and one FM music program. In addition to its cable
television transmission services, Baoding network offers Internet
access and value added services, such as broadband Internet access
and on- demand services through its proprietary set-top boxes.
China Cable and Communication is well positioned as a foreign
investor approved by The State Administration of Radio, Film and
Television ("SARFT"), China's national regulatory authority for the
broadcasting industry, to own interests in and provide operational
management support to cable television networks in the People's
Republic of China (PRC). The SARFT approval together with the
trading of CCCI's common stock in the US, provide CCCI with a
favorable advantage in access to foreign capital. China Cable and
Communication, Inc. trades in the United States, under the ticker
symbol CCCI, in order to provide U.S. investors with the
opportunity to invest in a company that owns interests in a PRC
cable television network. For additional information please contact
Investor Relations at (973) 351-3868 or visit the website at
http://www.chinacable.us/ . Safe Harbor Act Notice The
forward-looking statements contained herein are subject to certain
risks and uncertainties that could cause actual results to differ
materially from those reflected in the forward-looking statements.
Some of these include, but are not limited to, our availability of
capital, political occurrences and events in China, the terms of
our 8% convertible preferred stock, operations of the Baoding joint
venture, demand for the products of the Baoding joint venture, the
economy of China, and other factors. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
reflect management's analysis only as of the date hereof. The
Company undertakes no obligation to publicly revise these
forward-looking statements to reflect events or circumstances that
arise after the date hereof. Readers should carefully review the
risks described in other documents the Company files from time to
time with the Securities and Exchange Commission, including
Amendment No. 1 to the Form SB-2 registration statement filed with
the Securities and Exchange Commission on December 8, 2003, the
Annual Report on Form 10-KSB for the fiscal year ended December 31,
2003, as well as the Quarterly Reports and Current Reports on Form
8-K by the Company. Contact Information: Stephen Taylor, Investor
Relations, China Cable and Communication, Inc. Tel: +1-973-351-3868
Email:
http://www.ceocast.com/company.cfm?cid=5042&n=115159DATASOURCE:
China Cable and Communications, Inc. CONTACT: Stephen Taylor,
Investor Relations, China Cable and Communication, Inc.,
+1-973-351-3868, ; Investor Relations, +1-973-351-3868 Web site:
http://www.chinacable.us/
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