September 10, 2008
Wi-Fi TV Forming China Subsidiary to Deliver Personal Internet TV to World’s #1 Internet Market
Following up on over a year of development, Wi-Fi TV Inc. (Pink Sheets:WIFT), www.Wi-FiTV.com and www.Wi-FiChina.cn, announced today that it is forming a subsidiary to further develop and deploy its Social Internet TV plan for China, the world's largest Internet market. A new Personal Internet TV feature is being developed for joint introduction in China and the United States.
Wi-Fi TV will provide further details of its partners for its China introduction with online videos. Wi-Fi TV is working with recognized industry leaders in all aspects of its rollout to China. Based on the relationships Wi-Fi TV has developed in China, Wi-Fi TV believes it will be able to potentially reach millions of Chinese Internet users once its Chinese site has been developed.The subsidiary will initially be formed in the United States and will be affiliated with either an existing or newly formed company incorporated in China and co-owned by China based partners.
The U.S. subsidiary, Wi-FiChina.cn Inc., will be majority owned by Wi-Fi TV Inc. Its purposes will include oversight of:
-- Development of a China specific web site in Chinese with certain features added and deleted to the Wi-Fi TV delivery platform
-- Legal and accounting compliance for China based operations, and plan for meeting Chinese regulatory requirements
-- Working with a two-step plan of first deploying servers in Los Angeles, California and later deploying servers in China
-- Wi-Fi TV Licensing and advertising arrangements
-- China based marketing and public relations
China Is Now World's Largest Internet Market
With over 160 million Internet users, China is both the largest and the fastest growing Internet market in the world. Wi-Fi TV will be webcasting updates, direct from Beijing, China, of its deployment plans.
500 Stations Now Playing On Wi-FiTV.com
Wi-Fi TV now features over 500 live TV stations with live chat on topics such as Music, News, Politics, Religion, Cars, Environment, Weather, Sports, Wildlife, Children's Shows, and more. A growing number of these stations are Wi-Fi TV global exclusive stations such as www.AllGolfTV.com, www.WineNationTV.com and www.Wi-FiCars.com.
Buy A Wi-Fi TV Station For Your Business
Any business can now purchase its own Wi-Fi TV Station, and have complete automated control over 24/7 continuous playing content, live content (which can be delivered from any laptop computer with a webcam and Internet connection), on-demand content, banner ads, links, news, logos and more. Your URL of choice takes viewers to a page with only your station. Wi-Fi TV complete station packages start at only $2,000 and can be purchased with a credit card through PayPal or by check or wire transfer For more information call 949-675-5011 or send an email to [email protected]
Sell Wi-Fi TV Stations As A New Source Of Income
Wi-Fi TV pays its independent sales team large and immediate commissions. To join the team just dial in to the weekly free, no obligation opportunity call every Thursday at 4:30 PM Pacific, 7:30 PM Eastern at 218-486-1300, bridge #715719.
ABOUT Wi-Fi TV
Wi-Fi TV Inc. provides Social Internet TV(TM), a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster.
The Wi-Fi TV web site (www.Wi-FiTV.com) is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed.
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.