Printer Friendly
The Free Library
14,734,713 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

China VoIP & Digital Telecom, Inc. Subsidiary Launches Electronic Paperless Fax Service in China.


Jinan Yinquan Technology Co., Ltd. Plans to Launch Its New Electronic Fax System for Enterprise Business Customers in Partnership with China Tie Tong tong 1  
tr.v. tonged, tong·ing, tongs
To seize, hold, or manipulate with tongs.



[Back-formation from tongs.
 Across Shandong Province

HENDERSON, Nev. -- Enterprise business customers taking advantage of voice over Internet services provided by Jinan Yinquan Technology Co., Ltd., a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of China VoIP & Digital Telecom Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CVDT CVDT Current Value Data Table
CVDT Command Visual Display Terminal
), will now have access to electronic paperless fax services. The Company today announced it has launched the new service in the Province of Shandong, People's Republic People's Republic
n.
A political organization founded and controlled by a national Communist party.
 of China.

The Company said this new product using its VoIP technology will not only provide the company with tremendous growth opportunities by offering current customers with additional services, but it will give new customers the opportunity to secure complete telephone/fax services at very competitive pricing.

Jinan Yinquan, a technology company offering VoIP services in the People's Republic of China, has been developing telecommunication telecommunication

Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances.
 solutions for China's burgeoning Internet industry for more than half a decade.

"The launching of our electronic fax service is an important component of our growth strategy as it is in keeping with our pledge to become the premier provider of VoIP services in the Peoples Republic of China," said Li Kunwu, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of China VoIP & Digital Telecom Inc. "Along with our partner, China Tie Tong, we are actively marketing the new service across the Shandong Province as part of our Chinese marketing strategy. Our plan is to continue developing and launching valuable services that will further enhance and strengthen our product offerings."

Jinan Yinquan's electronic fax service is an Internet-based fax solution that will enable enterprise businesses to send and receive faxes using existing email accounts email account email ncompte m (e-)mail . Unlike traditional faxing, electronic faxing is convenient, cost-effective, secure, integrated and automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
.

Jinan Yinquan's proprietary NP Soft Switch IP telephone system enables users to access Voice over the Internet Protocol See Internet and TCP/IP.

(networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol.
 (VoIP) services allowing customers to use the system to make telephone calls to anyone in the world at a much lower cost than standard telephone rates.

Jinan Yinquan currently services three provinces and 19 cities with Shandong Province its primary base of operations Noun 1. base of operations - installation from which a military force initiates operations; "the attack wiped out our forward bases"
base

air base, air station - a base for military aircraft

army base - a large base of operations for an army
. Short- and long-term plans call for the expansion throughout China.

Jinan Yinquan recently announced a cooperative venture with one of China's premier licensed telecom providers, China Tie Tong, one of only six licensed providers in the country. This effort will allow the Company to rapidly deploy its VoIP technology throughout the world's most populous pop·u·lous  
adj.
Containing many people or inhabitants; having a large population.



[Middle English, from Latin popul
 country. In addition, the Company also announced a systemwide upgrading and expansion program to accommodate the growing demand for its VoIP services.

The ability to increase telephone number capacity will be provided through China Tie Tong. In turn, Jinan Yinquan will route all calls through Tie Tong's extensive network and backbone.

China Tie Tong is one of the six largest basic telecom operators in China. The company, which has 31 provincial branches and 316 municipal branches, employs approximately 72,000 people. Its high-speed backbone optical transmission network consists of five fiber loops covering most of the cities in China's 31 provinces and a distance of 52,000 kilometers. During the period of 2001 to 2005 annual revenues have grown by 30 percent while fixed-line subscribers increased from 1.35 million to 16.4 million. By the end of 2005 the company had 2 million Internet subscribers and assets of 53.3 billion RMB RMB Right Mouse Button
RMB Regional Management Board (USACE)
RMB Rolf Maier Bode (musician, band)
RMB Ren Min Bi (currency of People's Republic of China) 
. (For more information, go to www.chinatietong.com.)

About China VoIP & Digital Telecom Inc.

China VoIP & Digital Telecom Inc. offers Voice over the Internet Protocol service in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co. Ltd. Through Jinan Yinquan, China VoIP is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its NP Soft Switch system in China and is currently in the testing stage of other Information Technology products. The Company currently has 30 employees and is located in the Shandong Province, People's Republic of China.

More information can be found at www.chinavoip-telecom.com.

Notice Regarding Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

Statements regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Forward-looking statements in this press release include that this new product using its VoIP technology will provide the company with tremendous growth opportunities; that offering new customers with complete telephone/fax services at very competitive pricing; that our plan is to continue developing and launching other services that will further enhance and strengthen our product offering; unlike traditional faxing, electronic faxing is convenient, cost-effective, secure, integrated and automated; that Jinan Yinquan's proprietary NP Soft Switch IP telephone system enables users to access Voice over the Internet Protocol (VoIP) services allowing customers to use the system to make telephone calls to anyone in the world at a much lower cost than standard telephone rates and our cooperative venture with Tie Tong not only allows us to expand throughout the country, but may bring to our Company many other advantages such as accessing the network server, network bandwidth and telephone numbers as well as provide the Company with additional sales channels for its NP Soft Switch system. Actual results may differ materially from those currently anticipated due to a number of factors as we may find that our products must compete with cheaper or better products; we may not be able to retain key employees; a bigger market may not develop for our products and we may not be able to continue to attract new customers; we may face litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 if our technology fails to work when required; our intellectual property may be attacked and defeated in court proceedings; our patent filings may be rejected by the patent offices; other companies may discover and develop better or cheaper technologies that would render our products obsolete; we may not have sufficient funding to further develop and/or market our technology; and we may face regulatory issues in trying to expand throughout China. There are also country risks associated with investing in China, including currency fluctuation Fluctuation

A price or interest rate change.
, repatriation Repatriation

The process of converting a foreign currency into the currency of one's own country.

Notes:
If you are American, converting British Pounds back to U.S. dollars is an example of repatriation.
 of capital, and potential regulatory hurdles. Readers are directed to the China VoIP & Digital Telecom Inc. reports as filed with the U.S. Securities and Exchange Commission from time to time, including but not limited to its 8-K filed November 13, 2006, under our prior name Crawford Lake Mining Inc., which outlined the company's current business for further information and factors that may affect China VoIP & Digital Telecom Inc.'s business and results of operations, and our 10-QSB form filed on December 15, 2006. China VoIP & Digital Telecom Inc. undertakes no obligations to publicly update any forward-looking statements to reflect future events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact.
     2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or
.
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.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 29, 2006
Words:1127
Previous Article:Inland Empire Health Plan Completes Successful Activation of Landacorp's maxMC Solution.
Next Article:DTCC Joins Nation in Mourning President Ford; January 2 Processing to Continue as Normal.
Topics:



Related Articles
China VoIP & Digital Telecom, Inc. Subsidiary Expansion Plans Call for Cooperative Venture with Major Licensed Telecom Provider.
China VoIP & Digital Telecom, Inc. Subsidiary Launches Systemwide Upgrade and Expansion Program.
China VoIP & Digital Telecom, Inc. Subsidiary to Present at Ninth Annual China VoIP Conference and Expo.
Beijing QTC announces a VoIP Telephone agreement with Beijing Oriental Jiachuang International.(IT News and Products)
China VoIP & Digital Telecom Inc. Introduces Revolutionary WiFi VoIP For Cellular Devices.
China VoIP & Digital Telecom, Inc. Subsidiary to Begin Aggressive Marketing Efforts in Shanghai and Beijing.
China VoIP & Digital Telecom, Inc. Subsidiary to Provide Infrastructure for China Tie Tong's Shandong Branch to Launch Regional Call Centers.
China VoIP & Digital Telecom, Inc. Subsidiary Adds 11 More Retail Centers.
China VoIP & Digital Telecom Inc. Subsidiary to Introduce Its VoIP Product to China's Eighth Largest Province.
China VoIP & Digital Telecom, Inc. Subsidiary Receives ISO 9000 Certification.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles