Concept Industries Inc. Wireless Messaging License Approved.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--March 15, 2000 Concept Industries Inc. (the "Company") (CDNX CDNX See Canadian Venture Exchange (CDNX). :CEU CEU Continuing Education Unit CEU Central European University CEU College of Eastern Utah (Price, UT) CEU Centro Escolar University (Manila, Philippines) CEU Centro Escolar University .) is pleased to announce its paging joint venture partner, a subsidiary company of the Shandong provincial government of the People's Republic of China
Contour operates paging systems in 13 cities in Shandong province and as of December 31, 1999, reported a subscriber base of 332,000 customers. Business has continued to grow as 45,000 new paging accounts were opened in the first two months of this year. Management believes that expanding the operations to include interactive wireless messaging can further enhance this strong performance. Since its introduction in China last year, wireless messaging has become increasingly popular. In addition to receiving messages, the wireless units allow users to send messages to other pagers, fax machines, cellular telephones and personal computers. Wireless messaging is gaining widespread use in 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. . Research In Motion ("RIM"), a Canadian maker of interactive email pagers is having its shares trade at record breaking levels due to the tremendous demand for its interactive wireless handheld devices. From a business standpoint, wireless messaging is an effective and efficient way of managing information and messages without the necessity of a PC or being tied to the office. Recently while in China, management held discussions with two international telecom companies in Hong Kong This is a list of companies from Hong Kong.
CONCEPT INDUSTRIES INC. William Jung, President This news release may contain 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. within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of these sections. Actual results may differ materially from the expectations and estimates of the Company. |
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