China Wi-Max Signs LOI With ADVODA Communications
China Wi-Max Communications, Inc. (CHWM) Signs LOI With ADVODA Communications
DENVER, CO and BEIJING–(Marketwire – 04/21/10) – China Wi-Max Communications (OTC.BB:CHWM – News) signed a Letter of Intent (LOI) this week with ADVODA Communications to outline the terms of a ‘strategic alliance.’ Each party will leverage their positions, opportunities, relationships and knowledge to offer telecommunications services to clients of ADVODA and its affiliates in the US, and China Wi-Max will offer enhanced services to its potential clients in China. The presidents of both companies are optimistic that this Alliance will increase revenues and provide a competitive edge for each company in the highly competitive telecommunications market in the U.S. and the rapidly expanding market in China.
Ron Dunworth, President of ADVODA, stated, “ADVODA continually seeks strategic relationships that allow us to provide a full suite of quality services to our clients. China Wi-Max Communications is a great fit for our portfolio.”
Steven Berman, President and CEO of China Wi-Max, stated that “CHWM’s business plan focuses in on developing strategic alliances to provide enhanced services to the China market place and we are excited about this arrangement and look forward to working with ADVODA in the immediate future.”
About China Wi-Max Communications, Inc.
China Wi-Max Communications, Inc. (OTC.BB:CHWM – News), a world-class telecommunications and IP transport company, was formed to take advantage of the rapidly expanding wireless and landline communications needs in China. The goal of China Wi-Max Communications is to become the premier provider of broadband technology and allied services in the Chinese market. Building on world-class technical experience and proven management skills, China Wi-Max Communications is approaching its market with the tools that experience suggests are necessary to achieve success. The Company is headquartered in Denver, Colorado and its common stock is listed on the OTC Bulletin Board under the symbol “CHWM.” For additional information, please visit the Company’s website at www.chinawi-max.com.
About ADVODA Communications
ADVODA was founded on the principle of providing a superior customer experience for obtaining and maintaining telecommunications services. ADVODA partners with carriers and service providers to design telecommunication solutions from complex voice and data networks for global enterprises to voice and internet service for a single-location small business. ADVODA also supports a diverse group of independent telecom agents, network consultants and hardware vendors in providing services to its clients. For more information please visit www.ADVODA.com.
‘Safe Harbor Statement’
This press release contains forward-looking statements that involve risks and uncertainties. The statements of this Summary Overview are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.
Contact:
Investor Relations
China Wi-Max Communications, Inc.
Jim Prange
920.912.7444
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