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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

SMSActive First Quarter 2006 Update

03/03/2006 1:00pm

PR Newswire (US)


Ls -1x Msft (LSE:SMSE)
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VANCOUVER, March 3 /PRNewswire-FirstCall/ -- SMSActive Technologies Corp. (OTC:SMSE). During the first quarter of 2005 SMSActive sent a project engineer, Lijin (Jimmy) Zhao to China to manage the deployment of its mobile instant messaging product, the SMS T-Bar, in the Chinese market. Commercial testing of the SMS T-Bar was successfully completed in December of 2005. In November 2005 Arshad Shah, President and Chief Executive Officer of SMSActive appointed Mr. Zhao Vice President (Chinese) Operations. Then in December of 2005 Mr. Shah traveled to China to approve Mr. Zhao's implementation plan for focusing the company's marketing efforts on the People's Republic of China. As an integral part of the SMS T-Bar commercial tests, SMSActive began its search for a Chinese partner with significant market share in the wireless market and products which would complement the SMS T-Bar. This search has resulted in our current negotiations with a Chinese VoIP company and our plans to open an SMSActive office in Beijing, China in the second quarter of 2006. Mr. Shah is currently in China completing negotiations with our prospective Chinese partner and supervising the startup of SMSActive's participation in the fast growing and exciting broadband telephone (VoIP) market. In China, it is estimated that by 2007 VoIP calls will amount to 210.11 billion minutes with revenues of RMB 52.53 billion yuan. Low cost is the direct reason that has produced the rapid development of distant IP call. About SMSActive Technologies Corp. ------------------------------------ SMSActive 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; SMSActive delivers SMS content worldwide with faster response time. SMSActive enables corporate clients to capture their audience in a whole new way; SMSActive is the SMS solution of the future operating today! For more information about SMSActive Technologies Corp. please visit our website at http://www.smsactive.com/ or contact us at 604-687-7472. To receive SMSActive's news releases via email, please send a request to . SMS@ctive Technologies Corp. 2nd Floor 455 Granville Street Vancouver, BC Canada, V6C 1T1 Phone: (604) 687-7472 Fax: (604) 677-0808 Email: 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. SMSActive is a trademark of SMSActive Technologies Corp. DATASOURCE: SMSActive Technologies Corp. CONTACT: SMSActive Technologies Corp., 2nd Floor, 455 Granville Street, Vancouver, BC Canada, V6C 1T1, Phone: (604) 687-7472, Fax: (604) 677-0808, Email:

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