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Re: malldog post# 3222

Thursday, 12/06/2012 3:32:26 PM

Thursday, December 06, 2012 3:32:26 PM

Post# of 3657
The only information is from the latest CHMD 10-Q

"We have secured the distribution rights for M.A.G.I.C. Convergent Device for the territory of China and Hong Kong. M.A.G.I.C. is a next generation convergent device that has the full capabilities of a notebook computer shrink to a size of a PDA phone. In 2009, we have also entered into a joint venture with AdvanceTech Communications Sdn. Bhd. ("ATC") to market and distribute the devices developed by ATC worldwide other than the countries already under distribution by the Group. The current device under development, M.A.G.I.C. W3 is being positioned as the high end convergent device for professionals running special applications. We expect the M.A.G.I.C. W3 to enter the information and advertising sector of the mobile phone market. We have received the first prototype of the M.A.G.I.C. W3 by Q3 in October 2012 but we have requested additional units for technical due diligence. Subject to satisfactory technical review, we expect to launch the commercial product in of 2013. There has been no other significant update for the M.A.G.I.C. W3. No revenue was recorded for this 3 months ended September 30, 2012. "

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