• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Techedge Acquires Wireless VoIP Service Provider China Quantum Communications in Share Exchange

Posted on: Friday, 18 June 2004, 06:00 CDT

Techedge Inc. (OTC BB: TEDG.OB) announced that it has acquired China Quantum Communications Ltd. (CQCL) through a Share Exchange Agreement, dated as of June 9, 2004.

CQCL, a Cayman Island corporation with wholly owned subsidiaries in the U.S. and China, develops and provides advanced wireless voice, data, and multimedia services to commercial and residential users in the U.S. and China.

Mr. Peter Wang, CEO of CQCL and the new Chairman & CEO of Techedge Inc., commented that, "This transaction strengthens our determination & continued focus on increasing shareholder value."

About Techedge Inc.

Techedge Inc. (OTC BB: TEDG.OB) develops and provides advanced wireless voice, data, and multimedia services to commercial and residential users in the U.S. and China. The company focuses its activities on the development & deployment of IP based Personal Communication Service (PCS), a regional wireless VoIP service delivered on unlicensed low power PCS frequency through IP-enabled local transceiver and IP centric soft-switched networks, operating on an advanced proprietary software centric multi-service global communication service platform & management system.

More News in this Category