Press Release Source: Telecom Communications, Inc.
Telecom Communications Announces Quarterly Operating Statistics for the Period Ended March 31, 2005
Thursday April 21, 1:01 pm ET
- SEO4Mobile Advertising Increased by 621 Publishers;Total Solutions Virtual Call Center Stations Increased 109 Percent to 217;Net income was up 69% to $612,201 for the three month period ended March 31, 2005 compared to $362,965 for the three month period ended December 31, 2004
HONG KONG, April 21 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) the Total Solutions Provider, today announced operating statistics for the quarter ended March 31, 2005. Key operating statistics for the first quarter include:
* 621 digital publishers (web and wireless communication) added bringing total SEO4Mobile advertising in service as of March 31, 2005 to 739, a 526% increase from 118 at the end of 2004.
* Total Solutions CRM virtual call center through ASP licensees and business customers 114 stations added bringing total business customers and virtual call center stations to 217 as of March 31, 2005. CRM virtual call center stations added represent a 109 percent increase over the end of 2004.
* Revenue from communication services including products line Total Solutions and SEO4Mobile, was up 20% to $1.88 million for the three month period ended March 31, 2005 compared to $1.58 million for the three month period ended December 31, 2004.
* Total stockholders' equity was increased $0.6 million to $5.6 million compared to $5 million at December 31 of 2004.
* Net income was up 69% to $612,201 for the three month period ended March 31, 2005 compared to $362,965 for the three month period ended December 31 of 2004.
"Our 2nd quarter 2005 results include strong performance in SEO4Mobile and total solutions product lines," said Tim Chen, president and CEO of TCOM. "We are encouraged by the fact that Total Solutions CRM virtual call center sales continue to build momentum and generate increased interest from small businesses. Cash used during the quarter includes our continued investment in our SME software system developments and value added service offerings." TCOM will report its 2nd quarter 2005 financial results at the first week of May 2005.
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 (http://www.SEO4Mobile.net ),3G Dynasty Inc. (http://www.SEO4Mobile.com ), Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited.
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Sandy Tang,
Telecom Communications, Inc.
Tel: +852-2782-0983
Email: pr@tcom8266.com
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