Again.. If the price does not cross the 10 DMA it does not look good....
EMTK
E-Mobile Information Technologies Wholly-Owned CHL Technologies Forms Strategic Partnership With ChangJiang Publisher House, One of the Biggest Publishers in China
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Tue Oct 05 16:01:00 2004 EST
PLANO, Texas, Oct 5, 2004 (BUSINESS WIRE) --
The company (Pink
Sheets:EMTK) is pleased to announce this new agreement under which
ChangJiang will license its books free to CHL. All the books will be
converted to the company's proprietary mobile publishing system so
that customers can download directly from its website. Users can
either pay membership or download fees to access the thousands of
books that will be available. There will be two ways the customer can
download. Either directly to his smart cell phone or to a personal
computer and then transferred to a cell phone. The agreement enables
access to both historical and contemporary books that ChangJiang
publishes. Profits will be shared by both companies.
ChangJiang Publishing is in business for almost 50 years and and
produces more than 4,000 books through its marketing network in all of
China. It has more than 100 copyright agreements with foreign
publishing organizations At a pace of over 150 net titles each year
its sales volumes have increased 10-fold in the past decade and is
over $130 million annually.
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
content 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.
Forward-Looking Statements
Any statements in this release that are not statements of fact may
be considered "forward-looking statements" as that term is defined
under the securities law in the United States. Forward-looking
statements are only predictions and may differ materially from actual
events or results.
SOURCE: CHL Technologies Inc.
CHL Technologies Inc./E-Mobile
Barton Peck, 414-351-1468
Fax: 414-351-4553
BartPeck@aol.com
Copyright (C) 2004 Business Wire. All rights reserved.
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