Monday, November 22, 2004 4:04:56 PM
Monday November 22, 12:19 pm ET
TCOM Investors and Business Partners Experience Chinese Business and Consumer Receptivity with Search Engine Optimizer
HONG KONG, Nov. 22 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) announced today the conclusion of their new growth strategy product line, SEO4Mobile (http://www.seo4mobile.com) and advertiser maximum bid listing system, AdMaxB2Search (http://www.seo4mobile.net), the advertiser work platform of SEO4Mobile. TCOM hosted a Business Mission that began on November 18th to introduce and educate shareholders, investors and technology professionals on a number of business activities and opportunities with TCOM in China. The Business Mission started in the TCOM offices in Hong Kong and continued onto Guangzhou. The Business Mission started in the TCOM offices in Hong Kong and continued onto Guangzhou and then traveled to Macao, the last station of the Business Mission.
"The atmosphere in Guangzhou and Macao with the wireless showcase created a warm reception for our telecom value-added Business Mission," said Shanhe Yang, CEO of TCOM. "We wanted to impress upon our investors, shareholders and business partners the explosive business potential of our business in China. The Chinese consumer enthusiasm for the entertainment betting and games in Macao that coincided with our visit paralleled the receptivity our Business Mission enjoyed in meetings with Chinese TCOM business partners. Both the Business Mission events and the wireless communication entertainment and betting and games clearly demonstrated to the Business Mission participants the tremendous opportunity that exists between mobile communications and entertainment in China. The Business Mission participants' reaction to the trip has increased our expectations for the TCOM business opportunity in China in 2005. An updated forecast for our 2005 Chinese revenues will be released in the near future after follow up discussions are completed at the end of this month."
TCOM previously announced its Total Solutions ASP model sales in July, and SEO4Mobile advertising work platform- AdMaxB2Search completed delivery to partners in October. All of the contracted product lines generated a fixed fee, approx. $700,000 monthly, over one to three years. This amount excluded revenue generated by provided entertainment contents to the majority internet and wireless players such as QQ.com, 3721, Baidu.com, Linktone and eLong as well as revenue sharing models and long term cooperation's. TCOM also plans a joint venture for an animation studio in China.
TCOM will report in detail on the Business Mission Trip at the Annual Shareholder Meeting in Hong Kong later this year. Individuals interested in attending can contact the Company for details at IR@TCOM8266.com. Also, given the success of this Business Mission, TCOM plans to host a Chinese Business Mission once per quarter in 2005. Individuals interested in participating in a Business Mission trip can contact the Company for details at (852) 2782 0983.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.ICStarMMS.com ).
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic limited management infrastructure or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, uncertainty that this or any other acquisition can be completed and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results are included in the Company's filings, available via the United States Securities & Exchange Commission.
For more information, please contact:
Mr. Benny Huang
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@icchina.net
Source: Telecom Communications, Inc.
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