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ALONG Mobile Technologies Inc. Announces Its Third Quarter Unaudited Fiscal 2006 Financial Results.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- ALONG Mobile Technologies Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:AGMB AGMB Advance Guard Main Body
AGMB Arbeitsgemeinschaft für Medizinishces Bibliothekswesen
), a leading provider of wireless interactive entertainment products and services to customers in China, today announced its third quarter unaudited financial results, ending September 30, 2006.

Net Revenue for the third quarter of 2006 was $1,416,733.101, an increase of 27% compared with Net Revenue of $1,113,948 for the fiscal third quarter of 2005 and also an increase of 24% compared with Net Revenue of $1,144,327 for the fiscal second quarter of 2006.

As for the Net Income, the fiscal third quarter of 2006 was $873,456.45, an increase of 102% compared with Net Income of $431,840 for the fiscal third quarter of 2005 and also an increase of 96% compared with Net Income of $445,425 for the fiscal second quarter of 2006.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Mr. Wang Zhen
This article is about the Chinese communist political figure. For other historical figures with this name, see Wang Zhen (disambiguation).
Wáng Zhèn
, CFO See Chief Financial Officer.  of ALONG Mobile, a large portion of the increase in revenues in the third quarter of 2006 was due to the success of ALONG's continuous efforts to expand its network of downloading terminals from the first quarter of 2006 as well as the success in enhancing its brand awareness through various marketing and promotional activities. The CFO went on to explain that the large decrease in the cost of sales was due to the bulk of the costs for the expansion of the downloading terminals was spent in the first quarter of the year.
Financial Information
Along Mobile Technologies Inc.
    Unaudited Financial Statements of Operation (In U.S. dollars)

                                     Three Months Ending September 30,
                                     ---------------------------------
                                         2006(Unaudited)       2005
                                      -------------------  -----------
Sales                                     $1,416,733.101   $1,113,948
Cost of Sales                                (11,860.04 )    (325,406)
                                      -------------------  -----------
Gross Profit                               1,404,873.06       788,542
Operating Expenses
       Selling and Distribution              327,508.91       200,626
       General and Administrative            182,340.76       103,171
       Depreciation                           30,763.45        52,906
                                        -----------------    ---------
       Total Expenses                        540,613.12       356,703
                                        -----------------    ---------
Income from Operations                       864,259.94       431,840
Other Income:                                  9,196.51             -
                                        -----------------    ---------
Income before Provision
for Income Taxes                             873,456.45             -
                                        -----------------    ---------
Income Tax Expense                                    -             -
                                        -----------------    ---------
Net Income                                   873,456.45       431,840
                                        =================    =========


Forward looking statement

Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma
, 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 A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  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 shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into , 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 To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer.  our games via the internet through the current under construction site, http://www.whatplay.net. Also, one of our more popular interactive games is currently available for download via Digital-Red Mobile Software Co., Ltd.'s Web portal See portal. , a subsidiary company of Shanda Entertainment (Nasdaq:SNDA SNDA Supplemental New Drug Application
SNDA Student National Dental Association
SNDA Subordination, Non-Disturbance and Attornment
SNDA Singapore Nutrition and Dietectics Association
SNDA Southern Nevada Darts Association (Las Vegas, Nevada) 
).
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 10, 2006
Words:565
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