China Voice Holding Corp. Completes Acquisition of Beijing Techview System Engineering Co. LTD.New Subsidiary Strengthens Company's China Infrastructure to Support Government Contracts 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 of China and the United States announced today that it had closed the acquisition of Beijing Techview System Engineering (BTSE BTSE Base Ten Systems Electronics Gmbh (Germany) BTSE BFTT Training Software EW BTSE Base Transceiver Station Entity ). Beijing Techview System Engineering Co. LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability is a Value-Added Reseller and Systems Integrator that specializes in network design and installation, integrated wiring construction, and network equipment. BTSE's projects include computer and telecommunications network construction, intelligent building construction, product development, network product sales, technical consulting, and information services See Information Systems. . In Beijing, BTSE is a high level authorized dealer for Cisco Systems, HuaWei, 3Com, Polycom Video products, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Monitors and many other IT products. Each year the company invests a significant amount of time and money into employee training and advancement. As a result, BTSE has built a diligent, experienced and well trained team, many of which are Cisco certified CCNP See Cisco certification. and CCIE See Cisco certification. engineers. Some of BTSE customers include; Ning Xia Population Control Bureau, Chong Wen Education Administration, Xing Jiang Military Division, He Bei Province Economic Development Bureau, Qin Zhong Merchant Bank, Chang Sha Navigation Affair Administration Bureau, Jiang Xi Province Education Administration, Qing Dao Hospital, Qing Dao City Navigation Affair Administration Bureau, China Cotton Network, Beijing Engine Manufacturer, Beijing Language School, and the Shang Xi Province School of Chemical Engineering. Bill Burbank, 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. , said, "During the last two years, CHVC has completed three major acquisitions in China which have provided the Company with patents, licenses, technology, key personnel, government contracts and relationships, revenue and the infrastructure to support significant growth. BTSE provides CHVC with another important building block in supporting our contracts with the Chinese Government for our patented office automation applications and integrated voice and data solutions. Later this year we expect to make additional synergistic acquisitions so that we may continue to take advantage of the huge market opportunities available to us." 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, 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 and fastest growing in the world, with 812 million fixed land line and mobile phone subscribers as of September of 2006. As of December 2006, China had 137 million Internet users, an increase of 23% over 2005. China is expected to overtake the United States as the country with the largest number of Internet users in approximately two years. CHVC's focus is on providing its innovative and patented voice and data solutions to government agencies in China. 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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