China Wireless Signs Technology Service Contract With an Influential Multinational Corporation
June 08 2004 - 9:01AM
PR Newswire (US)
China Wireless Signs Technology Service Contract With an
Influential Multinational Corporation DENVER, June 8
/PRNewswire-FirstCall/ -- China Wireless Communications, Inc.
(OTC:CWLC) (BULLETIN BOARD: CWLC) is pleased to announce that it
has signed a technology service contract for one year with Alstom
(China) Investment Co., Ltd., a wholly owned subsidiary of Alstom
Holdings S.A of France (NYSE:ALS). This contract enables China
Wireless to provide a 2 Mbps high-quality fiber access link. Kent
Lam, President of CWLC subsidiary In-Touch commented, "We are very
pleased to sign this contract with Alstom (China) Investment Co.,
Ltd. Alstom (China) has an extensive reach and positive influence
in the Chinese market. We continue to seek several core customers
like Alstom (China) to aggressively extend our business by
leveraging their resources. This contract with Alstom (China) is
not only strategic for us, but also provides a several potential
opportunities to cooperate with them in other markets, such as
International Connectivity and VoIP, of which they will have
several requirements." About Alstom (China) Investment Co., Ltd.
(http://www.alstom.com.cn/) Alstom (China) Investment Co., Ltd. was
registered in early 1999, in Beijing, with registered capital of
US$30 million. It is a 100% owned subsidiary of Alstom Holdings S.A
of France, whose activities include the provision of Corporate
Services (HR, Finance, Administration, Legal and IT), Country
Network/Communication, and the local activities of the Sectors
(Power, Transmission & Distribution, Transport, and Power
Conversion). This Wholly Owned Foreign Investment Company with
limited liability also established a Wholly Owned Foreign
Enterprise -- Alstom Technical Services (Shanghai) Co. Ltd in
China. About China Wireless Communications, Inc.
(http://www.chinawirelesscommunications.com/) China Wireless
Communications, Inc., headquartered in Denver, CO provides a suite
of broadband data services, including support for Internet access
and Voice over IP in Beijing, China through its wholly owned
subsidiary, In-Touch Communications. We use secure, reliable fixed
wireless technology to provide the 'last mile' connection to link
bandwidth-hungry businesses to our fiber- optic backbone, and to
the networks of our telecommunications partners. Our "Wireless
Fiber" services provide the capacity and reliability of fiber-optic
networks, over a fixed wireless connection. As a result, we
capitalize on faster deployment and maintain targeted capital
spending available only through these advanced technologies. Our
systems are used to provide redundant high-speed network access
connections, Voice over IP and transport services that include IP
data, video and ISP services. The Company is publicly traded on the
OTCBB under the symbol "CWLC". Forward Looking Statements:
Statements regarding financial matters in this press release other
than historical facts are "forward-looking statements". The company
intends that such statements about the Company's future
expectations, including future revenues and earnings, and all other
forward-looking statements be subject to the safe harbors created
thereby. Since these statements (future operational results and
sales) involve risks and uncertainties and are subject to change at
any time, the Company's actual results may differ materially form
the expected results. CONTACT: Pete Racelis President & CEO
China Wireless Communications, Inc.
http://www.chinawirelesscommunications.com/ 303.277.9968 Office
DATASOURCE: China Wireless Communications, Inc. CONTACT: Pete
Racelis, President & CEO of China Wireless Communications,
Inc., +1-303-277-9968, Web site: http://www.alstom.com.cn/ Web
site: http://www.chinawirelesscommunications.com/
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