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Re: kryptonite0129 post# 1104

Thursday, 07/08/2010 1:53:18 PM

Thursday, July 08, 2010 1:53:18 PM

Post# of 3657
Q3 is here, they just raised some money for MAGIC launch. Time for MAGIC is upon us imho!

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 Company. The current device under development, M.A.G.I.C. W3 is being positioned as the high end convergent device for professional users 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 expect to receive the final prototype for MAGIC W3, the second generation of W3, by Q3 2010.


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