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SmallCapNewsRelease.com: China Voice (CHVC.PK) signs 9 year agreement with China Unicom (NYSE:CHU)

By: sadaf nair
For : Small Cap News Release
Date Added : July 31, 2009 Views : 28
Rate Author : Current : 3.18 /5
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JERICHO, NY -- (SmallCapNewsRelease) -- July 16, 2009 -- China Voice
(CHVC.PK) announced today that it’s subsidiary, Beijing CandidSoft,
signed a 9 year agreement with China Unicom (NYSE:CHU), a Chinese Government owned entity.

The
China Voice Holdings and China Unicom agreement is for the private
labeling of their SKY O/A Office Automation system under the ICT
Business brand. SKY O/A is geared towards government, educational and
commercial applications, allowing multiple workers to collaborate on a
single project. China Voice will be responsible for the application
development, software upgrades, maintenance and support.

China
Unicom offers GSM telephone services, fixed-line voice, broadband and
other internet related services. As of 2008 year end, China Unicom had
over 133 million GSM customers in 31 provinces across China. Under the
agreement, China Unicom will be responsible for all networks used for
the SKY O/A system, first level customer support, billing, collections,
hosting, monitoring and maintenance of the software as well as
marketing and promoting of the ICT brand.

SmallCapNewsRelease Gainers are MGIC Invest (NYSE:MTG), Freddie Mac (NYSE:FRE-PB), Kingsway Financial (NYSE:KFS), Patriot Coal (NYSE:PCX) Modine Manufacturing (NYSE:MOD) ARCA Biopharma (NASDAQ:ABIO) Annapolis Bancorp (NASDAQ:ANNB), and Craftmade International (NASDAQ:CRFT).

SmallCapNewsRelease Decliners are CIT Group (NYSE:CIT) Hudson Technologies (NASDAQ:HDSN) UCBH Holdings (NASDAQ:UCBH) China Networks (AMEX:CNR-U) WHX Corp (NASDAQ:WXCO) Wayne Savings Bancshares (NASDAQ:WAYN) Ameriana Bancorp (NASDAQ:ASBI) and S L Industries (AMEX:SLI).

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