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TCOM Announces IC Star Theme Club on The WAP Portal Has Generated Revenue From Membership Fees13 May 2005
Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News), the Total Solutions Provider, announced today that its subsidiary, IC Star MMS Limited, has registered more than 155,000 members to the IC Star Theme Club on WAP during the official 14 day paid membership period which began April 29th. IC Star News launched the channel, WAP portal, for China Mobile Communications (CMCC) in early November 2004. It was averaging over 23,000 new members each day during the free promotion period. In November 2004, IC Star MMS announced the launch of Star News WAP service, as well as a party of News channel at WAP portal in China. IC Star MMS has worked with an extensive network of content and integration partners to deliver the free service to WAP users throughout operations. Recently, IC Star MMS estimates that its star theme entertainment content will touch 15-20% of all mobile subscribers as WAP service rollouts progress over the next 12 months. To date, one of our membership fee based services has officially launched on April 29th. The business partner as service provider of the mobile operators are recording that 155,000 members registered to pay the monthly fee $0.61 (RMB5.00/month).
"Based on the WAP portal of CMCC's success introducing IC Star News services, it is clear that interactive club services, delivered through wireless internet and easy-to-use interface, will drive service revenues for our contents production, membership services and mobile operators," said Tim Chen, CEO, TCOM. "We expect a revenue generated from monthly club members' fees of up to $2 million on Q3 of 2005. IC Star Theme Club on WAP is just the latest trend in interactive and mobile entertainment services to capture the imagination of operators and subscribers. We believe this new service offering will add one more substantial revenue stream for us."
About IC Star Theme Club on WAP
IC Star Theme Club on WAP provides the most comprehensive and up-to-date mobile entertainment services in China. The WAP users can access IC Star News for the most comprehensive infotainment news and services in real time. With the formation of the IC Star on WAP club, users who register as club members can enjoy a wide range of unique services and privileges. These include opportunities to receive free tickets for movie previews and concerts, advance bookings for popular concerts, as well as exclusive daily star tracks. In addition, members can participate in all kinds of club activities such as mini concerts and star gatherings. IC Star News also stands on a channel of WAP portal of China Mobile Communications (CMCC).
IC Star MMS is a renowned Internet content provider for encyclopedic infotainment information and services. Mobile WAP users can now access diversified and up-to-date information from IC Star MMS anytime, anywhere. These include 24-hour real-time entertainment news, infotainment guide, daily horoscopes, latest movies and Japanese entertainment news. In addition, Mobile WAP users can obtain SMS/MMS code for top artists in Asia, allowing them to stay in touch with their idols at any time.
About IC Star MMS Limited
IC Star MMS is a China-based local information and services affiliate network. Established in December 1991, IC Star MMS (http://www.ICStarMMS.com) has contracted with more than 2000 websites and collected all of their Internet and mobile phone users to be the online/offline members. Telecom Communication, Inc. owns 100% interest in this Hong Kong corporation. ICStarMMS.com, through IC China network, links entertainment & lifestyle information to local communities across China. IC Star MMS, which has been created by original Star SMS/MMS called 'My Star Friends' community, was first invented in SMS/MMS interactive between Star and fans in the world. Telecom Communications is targeting users of mobile devices such as mobile phone, internet and PDA's. The Company has been working together with other local Chinese companies to develop telecommunication value-added service application software and system integration for commercial, industrial, cultural and educational usage.
About Telecom Communications, Inc.
Telecom Communications, Inc. 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 Limited (http://www.SEO4Mobile.net ),3G Dynasty Inc. (http://www.SEO4Mobile.com ), Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited.
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. Sandy Tang, Telecom Communications, Inc. Tel: +852-2782-0983 Email: pr@tcom8266.com
-------------------------------------------------------------------------------- Source: Telecom Communications, Inc.
Source: PR Newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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