Business Services Industry
ALONG Mobile Technologies Inc. Announces Its Strategic Alliance with China Mobile's , Shaanxi Branch to Penetrate into the Mobile Phone Fees Collecting Service
Business Wire, Dec 5, 2006
NEW YORK -- ALONG Mobile Technologies Inc. (OTC:AGMB), a leading provider of wireless interactive entertainment products and services in China, is pleased to announce its strategic alliance with China Mobile's (NYSE:CHL), Shaanxi Branch to penetrate into the mobile phone fees collecting service next year. This service will be first started within the Xi'an area and thus ALONG's downloading terminals in Xi'an will be the first terminals to have this service available.
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Mr. Li Jianwei, the CEO of ALONG, stated that: "This strategic alliance with China Mobile's (NYSE:CHL), Shaanxi Branch will be a win win for both parties." He continued to say that, "The mobile phone fees are collected by various commercial banks, and business halls held by China Mobile and China Unicom. The subscribers can only choose from those predestined business halls and the commercial banks where they opened accounts, and thus do not enjoy any real convenience. Through this deal, those China Mobile (NYSE:CHL) subscribers will now be able to pay mobile phone fees at any place where ALONG's downloading machines are installed. They can pay their bill while they stop to download pictures, ringtones and mobile games."
The CFO of ALONG, Mr. Wang Zhen points out, "we do not have to spend money to equip our downloading system, but by adding this service, we will attract more potential downloading users. For the first year we expect this service will increase the revenue of the downloading terminals within the Xi'an area alone by 5%."
Forward-looking statement
Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.
About ALONG
ALONG MOBILE TECHNOLOGIES, INC. is a mobile value-added services provider in the PRC. The Company designs, produces, publishes, manufactures, provides and distributes proprietary wireless entertainment applications such as ring-tones, games, images, videos and e-books to its customers. Our Wireless Applications are intended to be downloaded by our customers on a fee-basis by means of our proprietary public downloading terminals which are installed by us in strategic locations such as shopping centers, universities, entertainment centers, cinemas, hotels, airports, restaurants and parks. Interaction enriches your life. For more information about ALONG, please visit http://www.alongmobile.com. Our customers will soon be able to download our games via the internet through the current under construction site, http://www.whatplay.net.
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