Message #7 From:
NewsBot Date: July 13, 2005 01:00:00 AM
TEDG News Techedge, Inc. Appoints Elite Financial Communications Group as Investor Relations Counsel
ISELIN, N.J.--(BUSINESS WIRE)--July 13, 2005--Techedge, Inc. (OTCBB:TEDG), a leading Mobile VoIP solution provider, today announced that it has engaged Elite Financial Communications Group, LLC, a full-service, proactive financial communications, investor relations and strategic resourcing firm, to manage all aspects of its new investor relations program, including extensive communications and outreach to the investment community.
Peter Wang, Chairman and Chief Executive Officer of Techedge, noted, "With the progress we have made in pioneering and bringing to market new and innovative mobile VoIP solutions, we felt it was now appropriate for us to make a commitment to a comprehensive investor relations program to be executed by a leading firm. We are very pleased about our new association with Elite and are confident that our outreach efforts to the investment community, at large, will be greatly enhanced by our new relationship with Elite and its team of proven professionals."
Elite will work closely with the executive management team of Techedge to develop comprehensive corporate messages that will most proactively leverage senior management's strategic vision, operational and financial performance and ongoing business expertise. In addition, Elite will assist in the development of customized, high-quality, high-impact and fully integrated media communications programs designed to increase consumer, industry and investor awareness of the Company's compelling growth strategies.
Dodi Handy, President and CEO of Elite, added, "Driven by highly attractive cost benefits, consumers and businesses, alike, are creating enormous global demand for advanced VoIP technologies. In this regard, Techedge is ideally positioned to capitalize on its first-to-market advantage to provide end users with VoIP services on a mobile personal communication device. Elite is delighted to have been chosen by Techedge to ensure that Wall Street and the investment community are knowledgeable about the Company's growth prospects and can track its achievements."
About Elite Financial Communications Group, LLC
Headquartered in Lake Mary, Florida, Elite Financial Communications Group combines diverse expertise, influence, talent and capabilities to achieve quantifiable results for both publicly traded and privately held companies. Established in December 2001 by a partnership group composed of highly reputable financial, marketing and business experts, Elite is rapidly earning international distinction for challenging industry convention and for taking the lead in establishing best practices for proactive financial communications, investor relations and strategic resourcing. For more information on Elite, please visit www.efcg.net.
About Techedge, Inc.
Techedge Inc. is a leading mobile Voice over IP (VoIP) solution provider. The Company provides 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.
