China Voice Holding Corp. Announces Chinese Patent.Patent Protection Allows Company to Aggressively Pursue Licensing and Deployment within China DALLAS -- China Voice Holding Corp. (CHVC CHVC Carl Hayden Visitor Center (Glen Canyon Dam, AZ) ) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CHVC), a provider of Voice over 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), Office Automation and Wireless solutions for government, businesses and consumers in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. announced today that its exclusive Chinese license for WRIO wireless broadband technology has been significantly strengthened by the issuance of a Chinese patent for the WRIO technology. In August, 2006 CHVC announced that it had secured exclusive distribution rights in China for the WRIO wireless broadband technology from WRIO Corp., a Dallas, Texas based company. WRIO wireless broadband access service allows customers in underserved and un-served areas to enjoy the same benefits of the high-speed and low-cost Internet access as users from major cities in China China is a geographical area encompassing multiple territories, under two states. You may be looking for:
WRIO technology is also protected by several patents pending filed in the U.S., Singapore and the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community . CHVC's 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. Bill Burbank said, "WRIO's Patent speeds up our market entry as we now have the protection needed to aggressively pursue the business partners in China that are currently building WiFi and WiMax networks for similar purposes. After we have secured these strategic partners, our Chinese subsidiaries will generate revenue through licensing and revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. relationships." About China Voice Holding Corporation: China Voice Holding Corp. ("CHVC") is a U.S. public holding company headquartered in Dallas, Texas with a portfolio of next-generation communications products and services doing business in the People's Republic of China and the U.S. Through its subsidiaries, the Company provides Voice Over Internet Protocol ("VOIP") telephone services, office automation, wireless broadband, unified messaging, hosted groupware and communications, mobility services and other advanced voice and data services in China where the Company has obtained full legal status as a licensed telecommunications company. The Chinese telecommunications market is the largest in the world, with 730 million fixed land line and mobile phone subscribers as of November of 2005. It is also the fastest growing market in the world, with 197 million subscribers added over the past two years. CHVC's focus is on providing innovative telecommunication applications and solutions to customers. CHVC plans to grow its customer base in China and other parts of the world through marketing and sales efforts as well as acquiring and merging with synergistic companies. China Voice Holding Corp. trades Over-the-Counter and is listed in the Pink Sheets under the symbol "CHVC". Upon obtaining audits of prior fiscal years, the Company plans to file a Form 10 with the Securities & Exchange Commission ("SEC") to become a full-reporting company in 2007 at which time it will apply for a listing on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Small Cap Market or the AMEX AMEX See: American Stock Exchange exchange. Prior to the filing of periodic reports to the SEC, the Company is providing publicly-available financial statements and other current information at the pinksheets.com website. Additional information may be found at www.ChinaVoiceCorp.com. Forward-Looking Statements The foregoing, including any discussion regarding the Company's future prospects, contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to risks and uncertainties associated with economic conditions in the telecommunications industry, particularly in the principal industry sectors served by the Company; risks and uncertainties inherent in the operation of businesses outside the United States; changes in customer requirements and in the volume of sales to principal customers; the ability of the Company to assimilate acquired businesses and to achieve the anticipated benefits of such acquisitions; competition and technological change; and the ability of the Company to control operating costs and maintain satisfactory relationships with existing and potential vendors. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors that may be set forth in the Company's anticipated filings with the Securities and Exchange Commission. |
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