Tom.com, A Leading Chinese Internet Company Serving over 50 Million Members, Signs a 3-Year Sales Agreement With E-Mobile Information Technologies' --EMTK-- Wholly-Owned CHL Technologies
Thursday , September 09, 2004 16:21 ET
PLANO, Texas, Sep 9, 2004 (BUSINESS WIRE) -- E-Mobile Information Technologies (Pink Sheets:EMTK) is pleased to announce its three-year sales agreement with the highly profitable, rapidly growing Tom.com -- a leading Chinese internet company serving over 50 million members through its web portal in China.
Tom.com will open a designated downloading zone on its website for CHL. This will include marketing and advertising for CHL's products. Initially, CHL will provide games, as well as Multimedia Message Services (MMS) over Tom.com's web portal. Tom.com is one of China's largest Internet portal companies. We hope that this agreement will ultimately expand to include CHL's entire product line in the future.
Tom.com has also requested that the Company design 4 new games for Motorola China for its E380 Cell phone and 4 new games for NEC China for its N800 Cell phone. E380 and N800 users can go to the Tom.com website to download the games by CHL Technologies.
We believe these market trends reflect a strong demand for new products in the mobile telephony marketplace. CHL is well poised with its multitude of products and services to fully participate in this anticipated growth in the Chinese market and worldwide as well.
According to the report, "3G Network deployments in China" by In-Stat/MDR, in China alone there are about 270 million cell phones in operation with growth expected to reach near 500 million by 2008. "Smart phones Rising: 10 Things You Should Know About This Segment" report by In-Stat/MDR indicates smart phone shipments will experience a 44% Compound Annual Growth Rate (CAGR) over the next five years.
About CHL Technologies:
Taking a different road from most mobile application and content groups whose primary focus is Java, SMS, and MMS, CHL Technologies focuses on developing and marketing innovative mobile applications and wireless value added services for smart phones. The result is that CHL Technologies is ahead of its competitors in ready applications and contents for the new smart phone, putting the company at an excellent position for the up-coming 3G content market. CHL has committed to becoming the leading provider of these high tech services internationally. Its website is www.chltec.com.
