BEIJING, Dec 4 /Xinhua-PRNewswire-FirstCall/ -- The Bralorne Mining
Company (OTC Bulletin Board: BLNM) (“BLNM”), a leader in providing next
generation voice and data telecommunication services in China, today
announced that China Network Communications Group Corporation (“China
Netcom”) had awarded Beijing QTC---BLNM’s whole controlling subsidiary
company the No.1 VoIP Agent with the biggest operation income in Shaoxing
city, the major city in Jiangsu Province during the passed eleven months in
the year of 2006.
China Netcom Shaoxing Branch awarded Beijing QTC the No.1 VoIP Agent with
the Biggest Operation Profit Maker during the passed months in 2006 because
of its outstanding strength in providing advanced technology by transferring
the traditional analog network to the next generation network and converting
the voice traffic into IP. In addition, such IP phone business charges only
RMB 0.2 yuan for domestic long-distance calls per minute. This private owned
technology brings centralized call control, centralized service provisioning
and centralized subscriber profiles to the customers which benefits Netcom
users in enjoying local, domestic and international calls with more
competitive price.
As the fastest growing VoIP agent in Shaoxing city, Beijing QTC strives
to offer its users the private owned future-oriented VoIP network platform by
lowering network construction costs and the network life-cycle operational
and maintenance expenditure while improving network performance. It also
enables VoIP users to reduce their telecommunication expenses reaching as 30%
to 50% of the total fixed base.
Mr. Zhang Feng Ming, President of BLNM stated, “This is a real milestone
for our Beijing OTC in the massive deployment of Next Generation VoIP network
in China market. We are proud that China Netcom trusts and shares our VoIP
cost-effective solutions and, our expectations are also very high and we
believe Beijing QTC is going to exceed other agents by incrementing the value
that we are adding to our VoIP business to our committed customers.”
In 2005, China Netcom, the giant telecommunication operator in China
selected Beijing QTC over numerous competitors to enter into the partnership
service agreement because of its strength of its VoIP technology and its
comprehensive access network platforms by providing local, domestic and
international long distance call with more competitive price. Since then,
Beijing QTC has built its network in key markets such as Beijing, Jiangsu and
Guangdong.
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.
