BEIJING, June 21 /Xinhua-PRNewswire/ -- Telecom Communications, Inc.
(OTC Bulletin Board: TCOM), the Total Solutions Provider, announced today that its majority owned subsidiary, Subaye.com, Inc. (www.subaye.com), the services provider of corporate video web page developing, hosting and marketing, executed a strategic partnership with China Netcom Group Guangdong Company (http://gd.chinanetcom.com.cn/ ). Together the companies will launch the corporate video online service (http://subaye.cncspace.com/) as a channel on China Netcom Group Guangdong Portal CNCMAX (www.cncspace.com ).
Under the agreement, China Netcom Group Guangdong Company will market Subaye.com corporate video broadband to more than a half-million SME broadband users. Subaye.com will provide information and customer services as its core competency. Based on revenue sharing, both companies will work together to provide a better, customer-preferred type of broadband video products and services to lead a new trend of business services in China.
Alan Lun CEO of TCOM, commented, "We are very pleased to have this opportunity to work with China Netcom Group Guangdong Company. The agreement will bring us a major marketing network in which we can easily access half million SME broadband users of China Netcom Group Guangdong Company without any substantial costs. The business users of China Netcom Group Guangdong Company are an ideal target market for our corporate video online services. We expect to increase our user base substantially in the next 12 months. In turn, it could generate substantial fees for our bottom line."
About Telecom Communications, Inc.
Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd., IC Star MMS, Ltd. ( http://www.skyestar.com ), Guangzhou TCOM Computer Technology Limited ( http://www.mystaru.com ) and majority owned subsidiary Subaye.com, Inc. ( http://www.subaye.com ).
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Shirley Li
Telecom Communications, Inc.
Email: IR@tcom8266.com
