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China Mobility Solutions
Introduces QuickNet Management Team
Release Date: 6/25/2004
VANCOUVER, British Columbia, Jun 25, 2004 /Xinhua-PRNewswire
via COMTEX/ -- China Mobility Solutions, Inc. (CHMS) is pleased to introduce
QuickNet management team.
China Mobility Solutions' president, Angela Du said,
''The primary reason for the success of QuickNet in the enterprise level
of SMS communications and mobility solutions is the leadership of this
excellent management team. Mr. Xin Wei, Chief Executive Officer, Mr. John
Li, Vice President, and Mr. Frank Wu, the company's Chief Technology Officer
have positioned QuickNet as a messaging and mobility solutions infrastructure
leader in China.''
Mr. Xin Wei is the co-founder of China Mobility Solutions,
Inc., and has recently been appointed Chief Executive Officer of QuickNet.
He has a computer science background and started his own business before
he graduated from university. He has been president of several companies
in China, including both domestic and Sino-foreign joint venture companies
in China. Mr. Wei has a broad network amongst government authorities and
within telecommunication industry. He is also experienced in building
up a major Internet business in China, having successfully operated Xinhai
Technology Development Corp., an Internet value added company, that within
three years became the largest in web hosting and domain name registration
business in China.
Mr. John Li received his Master degree in Finance from
The Central University of Finance and Economics. He was President of an
Investment Company owned by Beijing Municipal Planning and Management
Committee and was President of Beijing Sitech Corp. before he joined QuickNet.
Mr. Frank Wu received his Master degree from Telecommunication
Scientific Technology Research Institution. He was Senior Manager of Motorola
China Computer Department for many years. He is involved in developing
the national standards of billing and access systems for telecom service
providers in China.
''Together, Mr. Li and Mr. Wu forged a deal giving
the company the usage rights to two national access phone numbers: 1111
from China Mobile and 9111 from China Unicom,'' said Ms. Du. ''This gives
our company a tremendous competitive edge when it comes to messages services.
We are one of the very few companies in China with such rights.''
''We are in a very favorable position with our SMS
infrastructure platform designed to meet the mobile communication needs
of our corporate and government clients,'' Ms. Du continued. ''The management
team at QuickNet struck favorable deals and as a company we are now in
a position to begin executing the next phase of our business growth phase,''
Ms. Du concluded.
About China Mobility Solutions, Inc.
China Mobility Solutions, Inc. ("China Mobility")
is a provider of mobile solutions for businesses across China. By 2007,
analysts expect China to have more than 500 million mobile phones in operation.
More than 200 billion text messages were sent through mobile phones in
China last year, up from 19 billion in 2001.
China Mobility has a client base of more than 5,000
Chinese corporations, access to more than 500,000 additional companies
through its proprietary database of clients, and is in a position to become
the largest provider of mobile business solutions services in China.
China Mobility has revenue profit-sharing contract
with China's largest telecommunications companies -- China Mobile, China
Unicom, and China Telecom.
About QuickNet
QuickNet Telecommunication Corp. (''QuickNet'') is
an enterprise mobile solutions provider based in Beijing, China. QuickNet
is one of the first companies in China to focus on mobile solutions directed
at businesses in China. QuickNet's strategy of targeting corporate users
is aimed at achieving a higher percentage of recurring revenue and better
margins.
QuickNet is one of a limited number of companies in
China to successfully obtain usage for national value added services access
numbers from China Unicom and China Mobile, enabling QuickNet to offer
its service nationwide. QuickNet has developed a highly-advanced technology
platform, with advanced database management, CRM and message auditing
functionality. QuickNet launched its enterprise mobile marketing services
in July 2003 and quickly became cash flow positive by the end of 2003,
with US$1.2 million of fees collected in its first half-year of operations.
Forward looking statement
Any forward-looking statement in this press release
is made pursuant to the ''safe harbor'' provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve risks
and uncertainties including, but not limited to, economic and political
factors, developments of the Chinese and North American markets and changes
in regulatory matters. The Company disclaims any obligation to update
any such factors or to publicly announce results of any revision to the
forward-looking statements contained herein to reflect future events or
developments.
For more information, please contact:
John Roskelley, President of First Global Media,
Tel: +1-480-902-3110
SOURCE China Mobility Solutions, Inc.
John Roskelley, President of First Global Media,
+1-480-902-3110
(CHMS)
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