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MediaG3 signs deal with Chinese conglomerate

Telecomworldwire, Nov 20, 2008

TELECOMWORLDWIRE-20 November 2008-MediaG3 signs deal with Chinese conglomerate(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

MediaG3 Inc (OTCBB:MDGC), a developer of broadband wireless products and content delivery applications announced today (20 November) that its wholly owned Chinese subsidiary, Oriental Media, has signed a service contract with WaiGaoQiao Import and Export Trading Company (WGQ ImEx).

The company said that the contract will bring projected content delivery revenue of over USD2m for 2009. The company will provide WGQ ImEx with digital content delivery services utilising MediaG3's permission-based rich-media e-mail and e-magazine applications.

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Media3G also said that with signed contracts and additional business in discussions, the company is expected to reach over USD20m in revenue in 24 months.

((Comments on this story may be sent to tww.feedback@m2.com))

COPYRIGHT 2008 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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