Innotrek's (RMDM) Technology Tested by Chinese Telecom in Guangxi Region
Poster: SySAdmin
Posted on March 1, 2010 at 10:58:46 AM
Innotrek's (RMDM) Technology Tested by Chinese Telecom in Guangxi Region
BEIJING, March 1 -- RMD Entertainment Group's (RMDM; http://www.rmdmgroup.com/) subsidiary Innotrek Technology Co. (http://www.innotrek.com/english/page2.html) submitted its technology for detailed technical review to the China Telecom in Guangxi region with which Innotrek signed a Cooperation Agreement.
Innotrek Technology and China Telecom signed a Cooperation Agreement to bring Internet access across the whole Guangxi Region using Innotrek's technology. The Companies signed the agreement at the China-ASEAN Expo in October and the deal has the potential to bring Innotrek revenues in the range of 6 to 10 million USD. Innotrek submitted its technology to the China Telecom engineers who will test and review the compatibility of Innotrek's technology with that of Telecom. This review will help both sides to assess and adapt the technology compatibility.
Mr. Wynn Wang, the RMDM's CEO said, "Technical adjustments are always necessary with projects of this magnitude. Our technology meets international standards and ISO 9000 requirements and the tests should not bring any surprises. We project the revenues from this project in the area of 6 to 10 million USD within the next 12 to 18 months, and we hope that we will be able to proceed with this deal."
Beijing based Innotrek Technology Co., a subsidiary of RMD Entertainment, specializes in research and development of broadband technology, and its 'INet Broadband System' focuses on the Hotel Industry installations. The Innotrek products meet international standards and ISO 9000 requirements.
The company reminds our shareholders and followers to monitor PinkSheets.Com Filing Section and also our IR company web site section "CLIENT SUPPORT" TAB http://www.minamargroup.net or this direct link http://minamarmarketinggroup.helpserve.com/ for further updates on this and other business matters. Non-newsworthy events are not press released however posted on these two separate support sites to keep our followers advised of day-to-day events. For any matters relating to retail investor queries or to send us the company directly a message please click on the "INVESTOR SUPPORT" TAB or this direct link http://www.minamargroup.net/helpdesk.
Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support Section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity at the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of RMD Entertainment Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RMD Entertainment Group cautions you that any forward-looking information provided by or on behalf of RMD Entertainment Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RMD Entertainment Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RMD Entertainment Group's control. In addition to those discussed in RMD Entertainment Group's press releases, public filings, and statements by RMD Entertainment Group's management, including, but not limited to, RMD Entertainment Group's estimate of the sufficiency of its existing capital resources, RMD Entertainment Group's ability to raise additional capital to fund future operations, RMD Entertainment Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RMD Entertainment Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RMD Entertainment Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact http://www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, http://www.minamargroup.net (IR); For (M&A) and Corporate Matters,www.minamargroup.com
Source: RMD Entertainment Group
CONTACT: For any investor relations matters, please contact
http://www.minamargroup.net/helpdesk; Investor Relations Department Inquiry,
http://www.minamargroup.net (IR); For (M&A) and Corporate
Matters,www.minamargroup.com
BEIJING, March 1 -- RMD Entertainment Group's (RMDM; http://www.rmdmgroup.com/) subsidiary Innotrek Technology Co. (http://www.innotrek.com/english/page2.html) submitted its technology for detailed technical review to the China Telecom in Guangxi region with which Innotrek signed a Cooperation Agreement.
Innotrek Technology and China Telecom signed a Cooperation Agreement to bring Internet access across the whole Guangxi Region using Innotrek's technology. The Companies signed the agreement at the China-ASEAN Expo in October and the deal has the potential to bring Innotrek revenues in the range of 6 to 10 million USD. Innotrek submitted its technology to the China Telecom engineers who will test and review the compatibility of Innotrek's technology with that of Telecom. This review will help both sides to assess and adapt the technology compatibility.
Mr. Wynn Wang, the RMDM's CEO said, "Technical adjustments are always necessary with projects of this magnitude. Our technology meets international standards and ISO 9000 requirements and the tests should not bring any surprises. We project the revenues from this project in the area of 6 to 10 million USD within the next 12 to 18 months, and we hope that we will be able to proceed with this deal."
Beijing based Innotrek Technology Co., a subsidiary of RMD Entertainment, specializes in research and development of broadband technology, and its 'INet Broadband System' focuses on the Hotel Industry installations. The Innotrek products meet international standards and ISO 9000 requirements.
The company reminds our shareholders and followers to monitor PinkSheets.Com Filing Section and also our IR company web site section "CLIENT SUPPORT" TAB http://www.minamargroup.net or this direct link http://minamarmarketinggroup.helpserve.com/ for further updates on this and other business matters. Non-newsworthy events are not press released however posted on these two separate support sites to keep our followers advised of day-to-day events. For any matters relating to retail investor queries or to send us the company directly a message please click on the "INVESTOR SUPPORT" TAB or this direct link http://www.minamargroup.net/helpdesk.
Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support Section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity at the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of RMD Entertainment Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RMD Entertainment Group cautions you that any forward-looking information provided by or on behalf of RMD Entertainment Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RMD Entertainment Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RMD Entertainment Group's control. In addition to those discussed in RMD Entertainment Group's press releases, public filings, and statements by RMD Entertainment Group's management, including, but not limited to, RMD Entertainment Group's estimate of the sufficiency of its existing capital resources, RMD Entertainment Group's ability to raise additional capital to fund future operations, RMD Entertainment Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RMD Entertainment Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RMD Entertainment Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact http://www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, http://www.minamargroup.net (IR); For (M&A) and Corporate Matters,www.minamargroup.com
Source: RMD Entertainment Group
CONTACT: For any investor relations matters, please contact
http://www.minamargroup.net/helpdesk; Investor Relations Department Inquiry,
http://www.minamargroup.net (IR); For (M&A) and Corporate
Matters,www.minamargroup.com