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China Wireless Announces Contract From CNCP DaGang Oil Field Company18 November 2005
China Wireless Communications, Inc., (OTC Bulletin Board: CWLC), is pleased to announce that it has signed a contract with the CNCP DaGang Oil Field Company. Tianjin Create Co., a systems integration company and subsidiary of China Wireless Communications, signed a contract to provide disc drives, reformat and move existing data to new disc drives, back up disk drives and remove data recording devices for the CNCP DaGang Oil Field. This contract includes hardware and software support to be provided by Tianjin Create Co. for 1 year. CNCP DaGang Oil Field Group Co., Ltd was founded in 1964, and is located in the Bohai Sea south-east of Tianjin. It has exploration and development rights in 25 cities throughout Tianjin, HeBei and Shandong provinces. The company is "multi-industry company", which include prospect drill operations, and crude oil production. The oil field has control over an area in excess of 18,802 sq. km and has an annual production in excess of 4,350,000 tons of crude. It is the first producer to meet ISO9001 quality standards in China. The company consists of 49 branches and 10 subsidiaries serving Russia, Philippines, Indonesia, Iran, Tunis, Sudan, Venezuela, Qatar, Mexico, Bengal, Pakistan with assets valued at 900 million USD. Pedro E. Racelis III, President & CEO. commented, "This contract award has increased our presence within various departments at the DaGang oil field company. We are presently in the process of introducing information technologies to the oil field company to improve their business efficiency and cost reduction. This contract will facilitate the growth of our existing business activities as well as open new opportunities with in the gas and oil industry in China." About Tianjin, China Tianjin is Beijing's gateway to the sea and has over 25 ten thousand ton ship berths. The harbor is considered the number one demarcation point for all products entering and leaving China. Tianjin's harbor is geographically the second largest in China. The city houses 31 universities and not only is the industrial capital, headquarters for Motorola Corporation of China, but also the financial capital of northern China. In addition Tianjin University is the first Chinese neoteric university. Tianjin has been selected to host the 2008 Olympic Games Football (Soccer) contests. About China Wireless Communications, Inc. China Wireless Communications, Inc., headquartered in Denver, CO, is focusing its efforts on becoming a premier information technology company in China. The information technology business is developing quickly in China and we are becoming a major player in its development. We have identified several unique and innovative North American technologies that can be marketed to business customers in China through our subsidiary, Tianjin Create Co. The company provides business solutions to clients which include systems integration, broadband data services, support for Internet access and Voice over IP in China. Our systems provide redundant high-speed network access connections, and transport services that include IP data, video and ISP services. Another key component to building the company's broad base information technology products and services in China, including computer installation and maintenance, broadband transport service, server installation maintenance and support, internet services, broadband transport redundancy, fixed wireless transport and information hosting. Forward Looking Statements: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements". The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially form the expected results CONTACT: SFIA 1-866-843-1137 info@sfia.us
Source: PR Newswire
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