Wi-Fi TV To Launch New China Subsidiary With Live Webcast From Beijing
29 Septiembre 2008 - 8:15AM
Business Wire
Wi-Fi TV Inc. (Pink Sheets:WIFT), www.Wi-FiTV.com and
www.Wi-FiChina.cn, is launching its recently announced subsidiary
to further develop and deploy its Social Internet TV plan for
China, the world's largest Internet market, with a live webcast
from Beijing in November at www.Wi-FiTV.com with the time and date
to be announced. In addition, Wi-Fi TV Inc. will be relocating its
U.S. headquarters to downtown Los Angeles to work in closer
proximity with its China Internet partners and to its Social
Internet TV server platform, and will be opening an affiliated
office in Beijing prior to year end. A new Personal Internet TV(TM)
feature is being developed for joint introduction in China and the
United States with an intent of increasing Wi-Fi TV�s traffic,
market share and revenue. 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., is majority owned by Wi-Fi TV
Inc. Its purposes 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 220 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 info@wi-fitv.com. Wi-Fi TV
Station Sales Opportunity Call Next Thursday 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.
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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