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SMSE Ls -1x Msft

6.6063
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Ls -1x Msft LSE:SMSE London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 6.6063 6.599 6.6135 0 01:00:00

SMS@ctive Continues Expansion of Chinese and Global Gateway Operations

17/10/2006 3:45pm

PR Newswire (US)


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VANCOUVER, Oct. 17 /PRNewswire-FirstCall/ -- Arshad Shah, President and CEO of SMSActive Technologies Corp., is pleased to announce that SMS@ctive is actively continuing its expansion of it Chinese Operations. Effective September 15, 2006, SMS@ctive opened its Beijing, China office managed by Lijin (Jimmy) Zhao, Vice President for Chinese Operations. SMS@ctive continues to expand its network of gateways through our partnership with YouShi Telecom and with letters of intent to enter into service agreements with Animatele Inc. of Moscow, Russia and TynTec Ltd. of the United Kingdom. TynTec Ltd. of the UK, has a coverage in 140 countries, using 340 International gateways network. SMS@ctive expects to have its messaging service fully operational within China on or before the end of October, 2006. The Company will be using Animatele Gateway services of Moscow, Russia to expand its service locally and internationally. On October 16, 2006 SMS@ctive entered into an agreement in principle with the Bahamian singing star "Sweet Emily", to add her music to its Wireless Music repertoire. YouShi provides service to General Electric (China), GE's financial and management systems, and also provides service in the Enterprise SMS solutions, Finance, Materials Flow, manufacturing, government, IT sector etc. YouShi Telecom has technical co-operation with the top 3 telecom companies in China, namely China NetCom (CNC), China Mobile and China Telecom. YouShi Telecom utilises the 3 major telecom networks for Data Services, wireless market promotion and SMS Gateway networks across the country. On September 20, 2006 SMS@ctive entered into a revenue-sharing agreement with a Beijing Jiexun Infomation Technology Co, Ltd (BJI) based in Beijing, People's Repulic of China (PRC). BJI is a web based applications company owned and operated by former executives of Chinese Mobile telecom companies, having business relationships with many regional and national carriers. BJI will assist in SMS@ctive's technology commercialization and SMS Mobile solutions in the PRC and several other regions of the world. On October 12, 2006 SMS@ctive entered into a service agreement with a Beijing based Chinese Service Provider (SP) - Beijing YouShi Telecommunication Technology Co. Ltd. YouShi Telecommunication Technology is a nation-wide SMS service provider in China. It provides SMS (Short messaging service) and value added services in addition to several other services to a number of businesses and institutional entities. Wireless Music: The China wireless market scale surged 110% from RMB 750 million in 2003 to RMB 1.58 billion in 2004, and is expected to be RMB 7 billion by 2008. China's ever expanding Mobile Wireless market has already exceeded 431 million subscribers. GSM (Global System for Mobile Communications) has reached 2.066 billion subscribers World-wide, or 82% of the Global market, with 1000 new GSM network subscribers per minute. China Mobile Communications Corporation (China Mobile) announced on Thursday that the number of the company's subscribers increased by 25.77 million in the first half of 2006, bringing the total number to 274 million by June 30. Wang Jianzhou, president of China Mobile, said at a press conference on Thursday that the company's net profit in the first half of 2006 reached 30.17 billion YUAN (US$3.78 billion), up 25.5 percent over last year's same period. About SMS@ctive Technologies Corp. ---------------------------------- SMS@ctive is a mobile solutions company, focused on providing innovative means of enabling mobile subscribers to stay connected in various network environments. With its unique interoperable platform, global SMS network and patent pending/trademarked technology, SMS@ctive delivers SMS content worldwide with faster response time. SMS@ctive enables corporate clients to capture their audience in a whole new way; SMS@ctive is the SMS solution of the future operating today! FORWARD LOOKING STATEMENTS The statements contained herein which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those expressed, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's press releases. SMS@ctive is a trademark of SMS@ctive Technologies Corp. CONTACT: SMS@ctive Technologies Corp. please visit our website at http://www.smsactive.com/; SMS@ctive Technologies Corp., 2nd Floor, 455 Granville Street, Vancouver, BC, V6C 1T1, Canada, Phone: (604) 687-7472, Fax: (604) 677-0808, Email: DATASOURCE: SMSActive Technologies Corp. CONTACT: SMS@ctive Technologies Corp. please visit our website at http://www.smsactive.com/; SMS@ctive Technologies Corp., 2nd Floor, 455 Granville Street, Vancouver, BC, V6C 1T1, Canada, Phone: (604) 687-7472, Fax: (604) 677-0808, Email:

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