MyStarU Enters a Strategic Partnership with South TV
MyStarU Enters a Strategic Partnership with South TV
BEIJING, April 18 /Xinhua-PRNewswire-FirstCall/ -- Telecom Communications, Inc. (BULLETIN BOARD: TCOM) , the Total Solutions Provider, announced today that its subsidiary, MyStarU.com online education net, has entered an agreement to form strategic partnership with South TV ("STV"), a television network in the southern of China.
Under the agreement, STV will market MyStarU's Star Dram program to its 100 million people. MyStarU will provide entertainment information consulting, game shows, performing training and celebrities as its core competency. Both companies will work together to provide better customer preferred type of wireless/Internet products and services to lead a new trend of entertainment era in China.
Yan Liu, COO of TCOM, commented, "We are very pleased to have this opportunity to work with STV that will bring us a major marketing platform in which we can easily access 20 million users of STV without any substantial costs. The highly educated users of STV are ideal targeting audience for our products and services. We expect to increase our user base substantially in the next 12 months. In turn, it could generate substantial fees for our bottom line".
MyStarU is in co-operation with SOHU.com ( http://yule.sohu.com/s2006/bogeboqjhhx/ ) for promotion and marketing services.
Recently, MyStarU.com has successfully launched a franchise program and sold a master franchise license in Tianjin China. The first master franchisee plans total sales of 20 franchisees in 2007. Total about 20,000 vocational students use their online education programs. Based on forecasts, MyStarU.com will generate revenue of $600,000 licenses fee plus $100,000 monthly royalty fee.
MyStarU.com is charge users a monthly fee of US$20 for each end- user. The Company believes that this service offering will add one more substantial revenue stream, with users reaching 60,000 in 2007. MyStarU.com is also working with a main talent management firm and production companies in Hong Kong /China to adapt their platforms specifically to suit the unique needs of the artists' talent market.
TCOM's online vocational education business forecast revenue of $12 million generate from sales 10 master franchise licenses by MyStarU.com.
About Telecom Communications, Inc.
Telecom Communications, Inc. (TCOM) 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 Ltd., IC Star MMS, Ltd. ( http://www.skyestar.com/ ), Guangzhou TCOM Computer Technology Limited ( http://www.mystaru.com/ ) and majority owned subsidiary Subaye.com, Inc. ( http://www.subaye.com/ ).
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.
Email: pr@tcom8266.com
First Call Analyst:
FCMN Contact: cy@jadelink.com
Source: Telecom Communications, Inc.
CONTACT: Ms. Sandy Tang of Telecom Communications, Inc.,
pr@tcom8266.com
Web site:
http://www.mystaru.com/
http://www.skyestar.com/
http://www.subaye.com/
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