CRKT -- Cirmaker Technology Corp. (NV) Com ($0.001)
Address: 2300 W. Sahara Ave. Suite 500A Las Vegas NV 89102 USA Phone: 702-312-6255
Officers: Bill Liao, Pres. & Sec't.; Steven D. Fellows, CFO
Shares Outstanding: 15,008,000 as of 2003-01-31
Estimated Market Cap: 6.828M as of 2003-10-03
Current Capital Change: None
Dividends: None
State of Incorporation: NV
Company Notes: Formerly=Wrestle-plex Sports Entertainment Group, Ltd. until 3-03
Significant Events
Cirmaker Receives its Second Order for 197,000 Digital TV Receivers from the City of Baoding, Her Bei Province, in the People's Republic of China.
NEW YORK, Sep 29, 2003 /PRNewswire-FirstCall via COMTEX/ -- Cirmaker Technology Corporation (OTC Bulletin Board: CRKT) announced today that its Taiwan subsidiary, Cirmaker Industry Co. Ltd., has received a purchase order from the City of Baoding for the manufacture and delivery of 197,000 digital television set-top boxes to be delivered by January, 2004. The contract value is estimated to be approximately US$13.6 million and the order represents the second of what is expected to be a series of orders under a delivery agreement signed earlier this year between Cirmaker and IDN Telecom, Inc. Cirmaker manufactured and delivered the first 3,000 units under a pilot order earlier this year. The agreement provides that Cirmaker will manufacture, deliver and maintain 4,000,000 digital set-top boxes in China over the next three years. The revenues from this agreement are estimated to be approximately US$240 million. Mr. Bill Liao, Cirmaker's President, hailed this second order as reflective of the continuing commitment of China's government to create the digital connectivity infrastructure under the direction of the State Administration of Radio, Film and Television (SARFT). Baoding is a city of approximately 12.8 million people and is located approximately 90 kilometers south of Beijing, the capital of the People's Republic of China.
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