SOURCE: MoqiZone


December 10, 2009 11:02 ET

MoqiZone Holdings Corporation Announces Commercial Launch of 802.16d WiMAX Base Stations in Chengdu China

CHENGDU, CHINA--(Marketwire - December 10, 2009) - MOQIZONE HOLDINGS CORPORATION (OTCBB: MOQZ), a leading digital entertainment delivery platform company that delivers last mile connectivity to Internet Cafés across China via its proprietary MoqiZone WiMAX Network, today announced that 2 wireless broadband base stations with a total of 8 sectors were successfully installed in Chengdu and are now available to service internet cafés in the northeast region of Chengdu city. There are approximately 60 targeted internet cafés within the 5km coverage area. One of these stations is located on top of the main building of Chengdu Electronic Information University. Additionally, the base stations are connected to CERNET (China Education and Research Network), a dedicated fiber optic network covering over 23 million students at 1,800 colleges and universities nationwide.

As part of the initial launch in Chengdu, "Space Online Internet Café" and "Wave-man Internet Café" are two local major internet cafés which have connected to the MoqiZone WiMAX Network. These two cafés have more than 350 sets of computers connected to the network.

"We are extremely excited about the commercial launch of the second city in the roll out of the MoqiZone WiMAX Network. The Chengdu roll-out is the next step in establishing the national footprint for our network. With so many online gamers from the CERNET network, we look to provide the internet cafés a profitable and unique solution for their customers," stated Lawrence Cheung, Chairman and CEO of MoqiZone Holding Corporation.

The Chengdu WiMAX base station installation is part of the continued expansion of the build-out of a private network for Internet Cafés to access MoqiZone games on its flagship B2C online game portal is a digital entertainment delivery platform that delivers online content and games to Internet Cafés in China via the proprietary MoqiZone WiMAX Network. The MoqiZone Network provides content delivery to the viral online gaming market and connects game players to online content providers utilizing a national WiMAX network. The MoqiZone Network utilizes a centrally located base station to communicate with multiple wireless signal receivers (CPE) installed on the rooftops of the member cafés of the MoqiZone WiMAX Network. MoqiZone also plans to roll out the network in Shangdong, Yunnan, Hubei, Hunan, Guizhou and Guangxi over the next twelve months.

About MoqiZone

MobiZone Holdings Limited ("MobiZone"), a Hong Kong subsidiary of MoqiZone Holdings Corporation, is a leading digital entertainment delivery platform company that delivers last mile connectivity to Internet Cafés across China via its proprietary MoqiZone WiMax Network. The MoqiZone WiMax Network affords the Company with a sustainable, low-cost competitive advantage for providing last mile connectivity for Internet Cafés, while increasing the net economic benefit to the primary value chain participants -- the content providers and the Internet Cafés. The MoqiZone WiMax Network is currently being deployed in Beijing, Suzhou, Shenzhen & Chengdu in Sichuan; the Company expects to deploy the Network in twelve additional cities within the next twenty-four months.


This release contains certain "forward-looking statements" relating to the business of MoqiZone, which can be identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to reliance on a limited number of customers, market demand, cyclical nature of our markets, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on MoqiZone's current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting MoqiZone will be those anticipated by MoqiZone. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. MoqiZone undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Contact Information

    MoqiZone Holding Corporation
    For China:
    Lawrence Cheung
    +86 13918139797

    For Hong Kong:
    Benjamin Chan
    +852 91622883

    TriPoint Capital Advisors
    Mark Elenowitz
    (917) 512-0822