BEIJING, July 27 /Xinhua-PRNewswire/ -- China Datacom Corporation (Pink Sheets: CDPN) ("CDPN"), which provides GPS and wireless application software services in the transportation industry through its operating subsidiary General Link Information System Co. Ltd ("General Link" or the "Company"), today announced that General Link, together with China Unicom, jointly promoted the Company's brand -- "iLBS" (Intelligent Location Bases Services) at the Information and Communication Applications Exhibition which was held on June 18th, 2007, in the Fujian province, the involved participants from Mainland China and Taiwan as well.
This exhibition, showcasing the highest standards in the information and communication industry of the Fujian Province, was organized by the local government. Some government officers came to this exhibition and showed great interests in "iLBS". This GPS satellite positioning system for vehicles can play a role in the prevention and reduction of traffic accidents to increase road transportation safety. The system can also improve management efficiency and the quality of service of relevant government departments.
The governors of Fujian Province gave an affirmative evaluation and many valuable suggestions to General Link. They hope that "iLBS" system can further improve the standard of service and reduce the cost in transportation management and control, making a greater contribution to Fujian province. One television programme -- "Technology Wind" of Fujian Television -- broadcasted a feature report about the event, with particular focus on General Link and "iLBS".
Mr. Zhu Qiurong, president of CDPN, stated, "Through this exhibition, we got a positive response in the Fujian province. The Fujian government showed great interest in our system and will support the application's promotion in this area. That helps a lot in our business."
In 2006, General Link and China Unicom finished the nation's first large-scale application and successful operation based on CDMA 1X and launched the iLBS brand as a part of the national brand Wireless Horizon of China Unicom. As at Jan 2007, the services of General Link were available to all customers located in nearly 4 provinces in China and soon will be available in others, following the agreement with China Unicom on operations in at least 10 provinces.
About China Datacom Corporation
China Datacom Corporation is a corporation incorporated in the State of Nevada. Its 100% controlled subsidiary Supremacy International Limited, a BVI registered company, has entered into the Share Exchange Agreement with General Link Information System Co., Ltd. According to the Agreement, Supremacy International Limited will acquire all the shares of General Link and will wholly control General Link. Incorporated in 2004, General Link Information System Co., Ltd ("General Link") is a wireless service provider that supplies Location Bases Services (LBS) to a wide range of consumers in China. By cooperating with China Unicom, a dominant telecommunications operator in China, General Link has established its logistics distribution service platform with the name of Intelligent Location Bases Services, a sub-brand of Unicom New Horizon, offering its LBS related information service, Global Positioning System (GPS) logistics management system, to its customers, especially the logistics companies based on helping people address their locations and suggesting the best route to reach a designated location. Since October of 2006, General Link has built up its regional centers across the biggest provinces in South China such as Guangxi, Guangdong and Fujian, and soon at least 10 provinces will be covered. In the near future, General Link is focused on its business shifts to a virtual operator through Horizon wireless solutions, striving to be an intellectual and leading integrated LBS communication service provider that transforms customers' lives and businesses.
More information is available at http://www.datacomchina.com .
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, European 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.
