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China Mobility Enters Distribution Deal with Lenovo
Online Stock Market Trading By Peter Shout
In this issue, the Great Wall of China. The Wall is the longest structure ever built and was erected entirely by hand. The construction of the Great Wall began in the seventh century B.C. At that time, different Chinese kingdoms built walls for defensive purposes. Qin Shi Huang, the first emperor to unify China in 221 B.C., linked three northern kingdoms' walls to prevent Han invasions. The Wall was then more than 10, 000 li long (a li being about a third of a mile). This is the origin of the name commonly used in China, "10, Li Long Wall." The Great Wall was China's primary protective northern barrier for the next two thousand years.
Stock Investing Course (AXcess News) Vancouver BC - SMS advertising solutions provider, China Mobility Solutions, Inc. (OTCBB: CHMS), said Monday that it entered into a sales and distribution deal with Lenovo, the Chinese computer manufacturer that acquired IBMs global computer manufacturing business.
Xi%ƒn is unlike any major city in China, with an intact city wall, quaint local customs and a long history, even by Chinese standards.
Stock Market Game The agreement calls for Lenovo to sell CHMS's mobile email systems through Lenovo's distribution channels in China, under the Lenovo brand name.
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Stock Investing Game China Mobility Solutions attributed the Lenovo deal to CHMS' mobile email system with unique 'push' technology that automatically delivers e-mail to a recipient's cellular phone without it having to be retrieved.
National Grid Transco has announced that it has completed the sale of four gas distribution networks in deal worth £5.8 billion.
Journal Prime Rate Street Wall In a telephone interview China Mobility's president, Angela Du said Lenovo liked the company's SMS email 'push' technology because it was a matchwith multiple cell phone systems unlike blackberry, that it wasmore flexible.
National Grid Transco has announced that it has completed the sale of four gas distribution networks in deal worth á5.8 billion.
Stock Market News Besides computers, Lenovo alsomanufactures and markets cell phones, Du noted, and Mobile Solutions techology was easily compatible to Lenovo's mobile technology.
Stock Investing Basics Earlier this month China Mobility released its third quarter results showing a 26 percent increase in revenue for the period or $1,243,428 compared to $983,465 in the same period last year.
Stock Investing Software CHMS gained nearly 10,000 new clients during the first nine-months of 2005, a 33 percent growth over the same period last year and net cash increased an astounding 484 percent overthe same nine-month period in 2004.
Stock Market Trading The Company's cash increased to $7,634,523 due to the increased cash flow from operations, the exercise of stock options, and a $3,350,000 financing agreement, China Mobile Solutions said.
Stock Investing For Dummy Du said, "This is the direct result of our focus on providing mobile solutions, especially mobile marketing solutions, to enterprises in China."
Stock Market Crash Shares of China Mobile Solutions were up 1 cent, or 2.6 Percent, at $0.395 at 1:51pm EST Monday on a 50% rise in trading volume.
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