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niuyuer

08/15/11 11:30 PM

#8699 RE: drdoomy1 #8696

On June 8, 2011, the Company announced that it signed a Letter of Intent with EarthSearch Communications International, Inc. ("EarthSearch"), a subsidiary of East Coast Diversified Corporation (OTC.BB:ECDC.ob - News) as the basis for further discussion regarding the terms and conditions that may apply in a formal agreement to be executed between both parties in the future. Under any such formal agreement, ZST Digital would be granted Chinese distribution and marketing rights to EarthSearch'sLogiboxx product, a proprietary technology for integrated wireless communication between GPS and RFID, and ZST would provide technical and administrative support for the product in China.
On June 20, 2011, the Company announced that it filed a patent application with the Chinese State Intellectual Property Office (SIPO) to ensure intellectual property protection for its Assisted GPS technology. Assisted GPS, or A-GPS, is a technology used to improve the performance of traditional standalone GPS tracking systems which rely solely on radio signals from satellites and can be impacted by poor signal conditions in certain environments, for example in dense urban areas. Without requiring any additional hardware, ZST Digital's A-GPS system can make use of the GSM modules and location based service (LBS) capabilities of customers' existing mobile phone equipment, in conjunction with additional software, to introduce LBS capabilities to the GPS system, forming a dual-positioning mode.
On July 12, 2011, the Company reported that Chairman and Chief Executive Officer Mr. Zhong Bo was named a "Zhengzhou City Outstanding Entrepreneur" in a ceremony held by the Zhengzhou Association of Enterprises and the Zhengzhou Entrepreneurs Association.

niuyuer

08/15/11 11:48 PM

#8700 RE: drdoomy1 #8696

Anyone know how long will it likely take to hear back decision from chinses government?