Wi-Fi TV Entering China as China becomes world's largest Internet market
25 Julio 2008 - 3:00PM
Business Wire
Wi-Fi TV Inc. (Pink Sheets:WIFT) outlines its plans for China in a
series of webcasts filmed in Beijing and Los Angeles and now
playing (both in a 24/7 loop and individual on-demand videos) at
www.Wi-FiTVlLive.com. China passed the United States to become the
world�s largest Internet market with 253 million web users at the
end of June, the China Network Information Center announced
Thursday. China added 43 million Web users in the first six months
of this year, while the number of U.S. Internet users increased to
230 million at the end of June from 218 million last year, the
Beijing-based agency, which licenses online domain names, said in a
statement on its Web site. In the Wi-Fi TV online videos, Wi-Fi TV
discusses many subjects related to its plan for China including the
following: China and Global Expansion 1- Aggressively enter the
China market (the world's largest Internet market in terms of
numbers of users and growth) and expand global marketing with: a)
Relocation of U.S. based servers to One Wilshire Building, Los
Angeles b) Plan for introduction of servers in China c) Plan for
Chinese language version of web site d) Distribution in China by a
leading Chinese content distribution provider e) Enhanced
relationships with telephony and Internet companies in the U.K.
While working toward the implementation of its next generation web
site, Wi-Fi TV is now adding new exclusive station content on a
regular basis at www.Wi-FiTV.com. About Wi-Fi TV: Wi-Fi TV(TM) is a
pioneer of TV on the Internet. Wi-Fi TV Inc. has long touted the
coming convergence of TV and the Internet, and provided the first
online movie in December 1995. 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, and
download a free dialer and make phone calls and host live video
parties all on one web site. The Company was launched in 1995 and
has been publicly traded since November 1997. Wi-Fi TV Inc.
recently announced that it is adding additional technological
features to its web site to position it to be a leader in Internet
TV market share, and has introduced a simplified sign-up process.
Wi-Fi TV has several exclusive TV stations including
www.Wi-FiCars.com, www.Wi-FiGreen.com, www.WatchWi-FiTV.com. For
information on purchasing a Wi-Fi TV Station or press relations,
send an email to info@wi-fitv.com or call 949-675-5011.
Forward-Looking Statements 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.
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