Austin, TX 10/29/2007 10:14:12 PM
Speak with other shareholders about: (Pink Sheets: CHVC), (Pink Sheets: OTHM,), and (Pink Sheet: EBFD)
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China Voice Holding Corp (Pink Sheets: CHVC)
China Voice Holding Corp. Successfully Completes Integration and Testing Phase with VoIP Telephony Hardware Partner to Support the Company's Chinese Government Contracts Projected to Be Worth in Excess of $35 Million Annually
BOCA RATON,Fla., Oct 29, 2007 China Voice Holding Corporation (CHVC) announced today that their China subsidiary, Beijing CandidSoft Technology Co. Ltd. (CandidSoft), has completed the integration and testing phase with InterEdge Technologies, LLC, the Company's VoIP Telephony hardware provider for its Chinese Government Contracts.
InterEdge Technologies, LLC signed an agreement in July as CandidSoft's exclusive supplier for their Intelligent Telephone Adapters (ITA), Intelligent Multimedia Devices (IMD) and IP Telephones for the Company's current and future Chinese Government Contracts. The agreement calls for InterEdge Technologies, LLC with offices in Clearwater, Florida, and Penang, Malaysia to supply all telephony hardware with the exception of computer server equipment. As previously announced, the Company has chosen Dell Computers as their supplier for servers. CandidSoft's current Government Contracts call for 103,000 seats to be installed. Upon installation of these seats, the Company projects $35 Million in annual revenue for these contracts alone.
CHVC's President and CEO Bill Burbank, said, "During the next two weeks, InterEdge is deploying personnel to the North Sea as their first deployment of ITAs for GuangXi Harbor Master outside of the Harbor Master headquarters in NanNing. We have also received notice from InterEdge that a significant number of additional units have been shipped for other Government locations from their plant in Malaysia.
CandidSoft is an international software company based in the Zhong-Guan-Cun Science and Technology Park in Beijing, China. CandidSoft has used local expertise to research, develop, and establish information and communication platforms for business and government applications. CandidSoft uses "SKY O/A" as the product trademark and separates products into three general categories: O/A Cooperative Office Solutions, O/A Integrated Office Solutions, and O/A Unified Processing Solutions. The Company provides office automation and integration services to government, academic and commercial customers and has developed China's first patented Office Automation application, in large part guided by the needs of Chinese Government Agencies. This platform was designed for flexibility and may be easily modified or extended to meet the specific needs of each Chinese Government Agency or Large Enterprise Company. SKY O/A(TM) uses a web-based technology and allows multiple workers to collaborate on a single project. The SKY O/A(TM) Office Automation platform currently supports over one million users within China.
China Voice Holding Corp. ("CHVC") is a U.S. public holding company headquartered in South Florida with a portfolio of next-generation communications products and services doing business in the People's Republic of China and the U.S. Through its subsidiaries, the Company provides Voice over Internet Protocol ("VoIP") telephone services, office automation, wireless broadband, unified messaging, video conferencing, mobility services and other advanced voice and data services in China where the Company has obtained full legal status as a licensed telecommunications company. The Chinese telecommunications market is the largest and fastest growing in the world, with 812 million fixed land line and mobile phone subscribers as of September of 2006. As of December 2006, China had 137 million Internet users, an increase of 23% over 2005. China is expected to overtake the United States as the country with the largest number of Internet users in approximately two years. CHVC's focus is on providing its innovative and patented voice and data solutions to government agencies and large enterprises in China. China Voice Holding Corp. trades Over-the-Counter and is listed in the Pink Sheets under the symbol "CHVC." Upon obtaining audits of prior fiscal years, the Company plans to file with the Securities & Exchange Commission ("SEC") to become a full-reporting company in 2007 at which time it will apply for a listing on the NASDAQ or the American Stock Exchange. Prior to the filing of periodic reports to the SEC, the Company is providing publicly-available financial statements and other current information at the pinksheets.com website. Additional information may be found at www.chvc.com.
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Oriens Travel & Hotel Mgmt C (Pink Sheets: OTHM)
Oriens Completes Hotel Design Theme to be Deployed in China
LAS VEGAS, Oct 25, 2007 Oriens Travel & Hotel Management Corp. ("Oriens") (Pink Sheets:OTHM) ( http://www.orienscorp.com), a Travel and Hotel Management Company operating the online travel reservation portal www.128trip.com, is pleased to announce the Company has completed preliminary design on its hotel theme to be deployed under a chain of budget hotels in China.
Oriens has been working with its in house design team for months on its Hotel Theme design and has finally completed the task. The finalized Hotel Theme will be based on the atmosphere of Miami South Beach. Oriens will deploy its hotel chain in China, by re-creating the atmosphere and theme of one visiting the Miami South Beach, consisting of light white blinds, ceiling fans simulating an ocean breeze and much more. The Company expects to unveil the design at the web site www.HotelPure.com on Monday, Oct. 29, 2007.
Mr. Ken Chua, Oriens President and C.E.O. stated, "We are very excited about the completion of our Hotel Theme Design and being able to unveil it to the world. When we started on this project, we did not want to just design another hotel theme and compete with the other hotels having the similar ordinary design; instead, we wanted to bring something different, something much different in hotel design to China, so we can make an impact when we unveil our first hotel in the country. That is how we came up with this theme. We have spoken to our counterparts in China and received a warm welcome on this concept. We look forward to unveiling the web site on Monday." The above statements in regard to Oriens, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Oriens's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
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Ebenifitsdirect Inc (Pink Sheet: EBFD)
eBenefits Direct, Inc. Acquires Benefits Processing Corp.
Healthcare Payment Transaction System Partnering With Comprehensive Insurance Provider eBenefits Direct, Inc.
DELRAY BEACH, Fla., Oct 29, 2007 Benefits Processing Corp, a global payment transaction system that targets healthcare markets, has been acquired by eBenefits Direct (Pink Sheets:EBFD), a comprehensive insurance company, for an undisclosed amount.
Benefits Processing Corp (BPC) is a global payment transaction system that primarily targets the fast-growing Healthcare membership/benefits markets. BPC provides virtual payment systems similar to PayPal and, where appropriate, couples this with a physical debit card, which is powered by the Visa Network that enables card usage wherever Visa is accepted. BPC enables fast and secure processing of multi-currency payments across international borders to a global consumer base. BPC flexibility allows cardholders to manage all of their payment needs anytime, anywhere, in any currency; Global payments are sent and received on-line instantly.
BPC connects individuals, healthcare program, merchants and financial institutions and allows buyers and sellers to conduct commerce with ease and confidence in both the physical and virtual worlds. BPC's agreement with ChargeKard's Visa Electron affiliation enables it to offer debit cards to consumers that may not have proven banking relationships required for traditional credit or debit cards. This allows BPC to address the rapidly growing International consumer and merchant markets that seek a simple, trusted means for transacting payments in any global territory either over the Internet, physically with a debit card, wherever VISA is accepted, or through the global ATM networks.
"BPC is an alternative to PayPal and standard credit cards as a form of consumer payment," said the eBenefits president, Randy Schleger. "Commonly accepted at grocery stores, gas stations, discount stores and drug stores, BPC's Visa Network leads in brand recognition and usage in healthcare outlets. Consumers want payment choices, and with their secured debit card and their PIN, they can use their BPC card for anything from a pharmacy purchase to a co-payment at the doctor's office, or they can purchase merchandise and services online as well."
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