China Voice Holding Corp. Hires Bilingual Corporate Controller.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- China Voice Holding Corporation (CHVC CHVC Carl Hayden Visitor Center (Glen Canyon Dam, AZ) ) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CHVC), announced today that it has hired Tony Chen as the Company's Corporate Controller. Mr. Chen joins CHVC at a time when the Company is completing its financial audits to become a Full Reporting Company preliminary to a listing on 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 or the AMEX AMEX See: American Stock Exchange . CHVC's Chief Financial Officer, Ron Allen said, "Mr. Chen brings a wealth of accounting and financial experience to the Company having held senior accounting and financial management positions in private and public companies both in 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. . We look forward to his contribution in assisting the Company with the management of financial and accounting functions and reporting as well as the implementation of the additional controls and procedures required as we become a fully reporting company. For the last seven years, Mr. Chen worked for Monsanto as Chief Accountant and Finance Controller in charge of Monsanto's Chinese Joint Ventures, An Dai and D&PL China. His responsibilities included financial management of the JV's as well as supporting the organization's needs in the areas of reporting, budgeting, capital expenditures, consolidating financial statements and preparing trial balances for locations in Singapore, Australia and Mexico. Prior to Monsanto, he held the position of Director of Finance for Quintile quin·tile n. 1. The astrological aspect of planets distant from each other by 72° or one fifth of the zodiac. 2. Statistics The portion of a frequency distribution containing one fifth of the total sample. Transnational Corporation Any corporation that is registered and operates in more than one country at a time; also called a multinational corporation. A transnational, or multinational, corporation has its headquarters in one country and operates wholly or partially owned subsidiaries in one or more , managing the finance and accounting for the company's subsidiaries in Beijing, Shanghai, Guangzhou, Hong Kong and Taiwan. Previous to Quintile, he was a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. in South Florida conducting audit work, compiling financial statements, and preparing income tax returns. Mr. Chen received his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Indiana State University Indiana State University, main campus at Terre Haute; coeducational; est. 1865 as a normal school, became Indiana State Teachers College in 1929, gained university status in 1965. There is also a campus at Evansville (opened 1965). , a B.S in Mechanical Engineering from the Hauzhong University of Science & Technology, and is a CPA, fully fluent in English and Chinese." "I am excited about working with Ron Allen and CHVC's accounting team at a time when the Company is experiencing significant growth and preparing to advance to the NASDAQ or AMEX," commented Tony Chen. China Voice Holding Corp. ("CHVC") is a U.S. public holding company headquartered in South Florida 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, video conferencing, 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. CHVC's focus is on providing its innovative and patented voice and data solutions to government agencies and large enterprises 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 with the Securities & Exchange Commission ("SEC") to become a full-reporting company, at which time it will apply for a listing on the NASDAQ or the AMEX; and is on schedule to complete these filings in early 2008. 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.chvc.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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