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Telecom Communications Announces Its China Operation Entered Cooperation With Tencent Company, Limited

Posted on: Tuesday, 11 May 2004, 06:00 CDT

NEW YORK, May 11 /PRNewswire-FirstCall/ -- Telecom Communications, Inc. (BULLETIN BOARD: TCOM) announced today that its China Operation, IC Soft Limited, has entered cooperation with Tencent Company, Limited ( http://www.qq.com/ ), which was recently an ongoing IPO in Hong Kong Exchange. Tencent is one of the first Internet Instant Messaging (IM) software developers in China, and a leading provider for Internet and mobile value-added services with a focus on IM and related value-added services.

Under the agreement, IC Soft will work with Tencent to develop internet entertainment channel, Multimedia Messaging Service (MMS), Coloring Ring Back Tone service and other internet contents. Tencent will provide the technical platform and take part in promoting this new operation to its users that have 80 million Instant Message users.

As a leading Internet company and award-winning service provider (SP) in China, Tencent integrates IM across different platforms such as Internet, mobile and fixed line networks to cater for the communication needs of our users. They constantly innovate and utilize their local knowledge to serve their large user base.

Commenting on the partnership, Mr. Shanhe Yang, Vice President in Product Development said: "We are extremely excited about having partnered with Tencent, the pioneer and market leader for providing Chinese Instant Message Services in China. QQ has established itself as one of the most popular Internet brand in China. The Chinese Instant Message service is one of the most widely used services on the Internet in China, serving over 80 million Instant Message Service users. I believe, by leveraging Tencent's leading status in China's Internet industry and entertainment content that IC Star MMS provides, we are confident this venture will be a very profitable one for our bottom line."

About Telecom Communications Inc.

Telecom Communications Inc. is doing business in China via subsidiaries. IC Star MMS is a China-based local information and services affiliates network. Established in December 1991, IC Star MMS (http://www.icstarmms.com/) has contracted with more than 2000 websites and collected all of their Internet and mobile phone users to be the online/offline members. ICStarMMS.com is through IC China network links entertainment & lifestyle information to local communities across China. IC Star MMS, which has been created by original Star SMS/MMS called (My Star Friends) community, was first invented in SMS/MMS interactive between Star and fans in the world. Telecom Communications has been working with Aixi Software, Limited (http://www.aixi.net/) to develop a software program that is specifically provided to service providers in the wireless messaging services in China. This called SMS/MMS Information Manager System software has generated sales via revenue sharing model with service providers. In Jan 2004, the company has launched SMS/MMS Call Center CRM System (Enterprise version) for the service industry. In the meantime, TCOM, together with Aixi Software, will also launch ICPhone Opt-in Classified List service. This service is specifically designed for the service providers to offer information services software. Telecom Communications is targeting users of mobile devices such as mobile phone, internet and PDA's. The Company has been working together with other local Chinese companies to develop telecommunication value-added service application software and system integration for commercial, industrial, cultural and educational usage.

About Tencent Company Limited

Tencent is one of the first Internet Instant Messaging (IM) software developers in China, and a leading provider for Internet and mobile value- added services with a focus on IM and related value-added services. Tencent was founded in November 1998 in Shenzhen. In February 1999, Tencent launched its first IM software -- "Tencent QQ." Over the past five years, Tencent strived to pursue technological advancement, maintaining a steady high growth in users. The vast community of Tencent QQ users demonstrates Tencent's technology strength in operating massive online application systems and IM- related applications.

Tencent users can communicate real time with each other via our IM platform with their PCs, mobiles and fixed line phones as well as various terminal devices. Not only can users communicate via texts, images, audio, video, and email, but they also have access to various Internet services and mobile value-added services designed to enhance community experience, including mobile games, dating, content downloads and other entertainment services.

Tencent develops its business in three strategic directions, i.e. consumer IM, enterprise IM and Infotainment. Tencent is heading to realize their vision "To become a top Internet enterprise."

This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic limited management infrastructure or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, uncertainty that this or any other acquisition can be completed and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results is included in the Company's filings, available via the United States Securities & Exchange Commission.

Contact:

Mr. Benny Huang

Telecom Communications, Inc.

pr@icchina.net

Phone: 011-852-2782 0983

Telecom Communications, Inc.

CONTACT: Mr. Benny Huang of Telecom Communications, Inc., +011-852-2782-0983, pr@icchina.net

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