Message #8 From:
NewsBot Date: August 4, 2005 02:00:00 AM
TEDG News Techedge Conducts Wireless Broadband IP Network Trial in China
ISELIN, N.J.--(BUSINESS WIRE)--Aug. 4, 2005--Techedge, Inc. (OTCBB:TEDG), a leading international mobile VoIP and wireless broadband solution provider, today announced it will conduct a commercial network trial with Tonggong Dianzi Jishu Co., Ltd. (Taiji Tonggong) in Hanzhou City, China, for the purpose of building a nationwide wireless IP broadband network that will enable service providers to deliver online entertainment content throughout China. Taiji Tonggong is a network builder that holds a 3.5GHz frequency license in China.
Initially, this network will connect to user clusters, such as Internet Cafes, to capitalize on the booming online gaming and video markets. The deployment of the network is expected to start in the Fall of 2005.
"Our wireless broadband network solution will serve one of the fastest growing online entertainment markets in the world. With 100 million Internet users today, China is rapidly emerging as the world's largest network market and clearly represents a very exciting, high growth opportunity for our Company," stated Peter Wang, President and CEO of Techedge.
About Techedge, Inc.
Techedge, Inc. is a leading international mobile Voice over IP (VoIP) solution provider. The Company has pioneered a disruptive and low cost communications solutions combining matured radio and VoIP technologies for emerging service providers to address customers' communications needs. Techedge's IP-PCS solution is the first in the market to support VoIP with regional mobility on an unlicensed PCS frequency for low-cost mobile VoIP services. Its core platform can easily adopt various radio technologies such as PACS-UB,Wi-Fi, and WiMax providing smooth transitions with call management and operating support systems. It is designed for rapid deployment in urban, resort, campus and local communities. For more information on Techedge, please visit www.techedgeinc.net.
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future, " "plan" or "planned, " "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including risks that our products may not achieve customer acceptance or that they will not perform as expected, and other risks identified in our annual report on Form 10-K and other filings with the SEC. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Techedge, Inc. undertakes no obligation to update such statements.
