"Follow-me", a Commercial Product to Reduce International Roaming Charges Launched in Shanghai, China
BEIJING, Jan. 22 / Xinhua-PRNewswire-FirstCall/ -- The Bralorne Mining Company (OTC Bulletin Board: BLNM) ("BLNM") today announced its wholly controlled subsidiary company -- Beijing Quan Tong Chang Information Service Limited ("Beijing QTC"), a leader in providing next generation voice and data telecommunication service in China, won a contract from China Netcom Group Shanghai Branch ("CNC") to provide international call forwarding service that significantly reduces high roaming charges. Beijing QTC is the first telecom service provider successfully introducing this service to the China market and it will deploy this solution to over 40 major cities in China in 2007.
The international call forwarding service, branded "Follow-me", will target users who frequently travel overseas. It was developed out of immensely expensive international mobile roaming charges these users have to pay now. To use this service, mobile users only need to register their mobile number on QTC's network and purchase a separate prepaid value "Travel SIM Card" to be used at the destination of travel. The roaming change price per min is much lower than domestic IP phone, with a fee of US$0.15/min.
Beijing QTC commenced development of this International Call Forwarding Service since 2005. By signing the agreement with CNC Shanghai Branch, a pioneer telecom provider in China, Beijing QTC launches this self-developed service in Shanghai through the shared wireless networking resource platform from CNC Shanghai Branch. Research statistics review that every year, about 40 million potential consumers in China will be benefited from this smart designed product. To date, Beijing QTC transforms its core IP service business to International Call Service and in 2007, this mobile softswitch solution will be available for commercial use in over 40 major cities in China
"The successful deployment of Beijing QTC's international call forwarding service into Shanghai is of great significance to us. It demonstrates our excellent R&D ability in our core business of wireless mobile network service," comments Mr. Zhang Feng Ming, President of BLNM, "Beijing QTC will then focus on nationwide market exploitation and we are very pleased to see that our networking products and services are now ready for the future."
About Beijing QTC's International Call Forwarding Service
The international forwarding call service will be provided to Chinese mobile users traveling overseas for business or leisure. The service, "Follow-me", is named after its ability to allow a mobile number toto follow its user whichever country he or she is traveling to, without paying high roaming charges. The voice traffic will be routed via CNC's network to abroad. Travelers only need to register the mobile number on QTC's network and purchase a separate prepaid value "Travel SIM Card" to be used at the destination of travel. Upon arrival, by replacing the existing SIM card with the "Travel SIM Card" in their mobile phones, calls to the users' mobile numbers in the home country will be automatically forwarded to the "Travel SIM Card" number at the overseas destination. Rates will be much lower than that of normal roaming ervices. Sales of such service and the stored value "Travel SIM Cards" will be performed via travel agents.
About China Network Communications Group Corporation
China Network Group Communication Group Corporation ("CNC") is China's pioneer telecommunication enterprise. As one of the leading providers in China, CNC is the fixed telecommunication service partner for the 2008 Beijing Olympic Games. CNC owns well-structured modern communication networks that cover the whole country and reach the world. The networks are equipped with advanced technologies and provide comprehensive functions. CNC's business covers various national and international fixed telecommunications network facilities and related telecommunications service. In April 2004, the number of its telephone users hit the mark of 100 million. Striving to become a world-class telecom operator in Asia by 2007, CNC is now working unswervingly to deepen reforms, speed up growth, improve services and continuously enhance the core competitiveness of the company, so as to make more contributions to the sustainable growth of the communication industry in China.
About Bralorne Mining Company
Bralorne Mining Company was organized for the purpose of acquiring and exploring mineral properties. During February 1999, the Company acquired a mineral claim for $1.00 from a related party, known as "Golden" consisting of one 18 units metric claim situated within the Bridge River gold camp near the town of Gold Bridge, British Columbia and has an expiration date of December 15, 2006. During March 2003, the Company started an exploration program on 9 of the 18 units within the claim. The other 9 units lapsed on March 18, 2003 and the Company has no further interest in them. The remaining 9 are in good standing until December 15, 2006. On November 2, 2006, The Company acquired all of the outstanding capital stock of Gold Profit (Asia) Group Limited ("Gold Profit"), which owns 100% of the registered capital of Beijing Quan Tong Chang Information Service Limited ("Beijing QTC"). Beijing QTC is a telecommunications service provider to deliver economical voice and data services domestically and internationally throughout China. It engaged in the business of distributing telephone services through public pay phones and is also in the business of developing Internet phone solutions for commercial customers, focusing on a convenient local, domestic and international long distance call service with competitive price. Beijing QTC will add international call forwarding to its lines of business in the year 2007.
Forward-looking statements
This report contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion.
The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.
