SOURCE: Orsus Xelent Technologies, Inc.

October 11, 2006 08:48 ET

Orsus Xelent and China Unicom Present New Marketing Partnership at China's 2006 CDMA Executive Summit

NEW YORK, NY -- (MARKET WIRE) -- October 11, 2006 -- Orsus Xelent Technologies, Inc. (OTCBB: ORXT), a leading designer and manufacturer of award-winning mobile phones, and China Unicom, China's only CDMA mobile phone network provider, presented their new marketing partnership at the 2006 CDMA Executive Summit. The annual conference, which is sponsored by China Unicom, was held last week in Kunming, Yunnan, China.

Xavier Xin Wang, president & CEO of Orsus Xelent Technologies Inc., was invited by the vice-president of China Unicom, Li Gang, and the General Manager of Operation Management Division of China Unicom, Yu Yingtao, who both provided opening speeches. They discussed China Unicom's recent events and industry initiatives, and presented their forecast for the domestic and global CDMA market in 2007 and China Unicom's network development strategy.

A total of 14 CDMA device suppliers, including Nokia, Motorola, Samsung, LG, and Zhongxing, attended the conference, with several presenting new CDMA products. Following open discussions about the CDMA market and value-added CDMA network development, China Unicom outlined plans to purchase millions of units in the 4th quarter, which Orsus Xelent Technologies Inc. plans to distribute minimum of 50,000 units.

Wang addressed the full body of the conference and expressed his appreciation for the strong support and initiative by China Unicom. Wang presented his analysis of the current developing trends in mobile handsets and related technology solutions for both the Chinese and international markets. Wang also presented Orsus Xelent's product development strategy and its plans to take advantage of new opportunities in Asia's rapidly growing mobile phone market.

Wang outlined Orsus Xelent's new marketing partnership with China Unicom, including the recently announced program to provide specialized application mobile devices to the State Administration for Industry & Commerce (SAIC) of the PRC. Wang said he anticipates substantial direct purchase orders from China Unicom in the final quarter of 2006 and into 2007.

Wang noted that the technological advantages of CDMA will drive market expansion, and the Asia-Pacific region provides a huge potential market for CDMA. In light of this potential, China Unicom has invested substantial financial and human resources in the CDMA network construction and marketing efforts. As one of China Unicom's key CDMA partners, Wang envisions tremendous opportunities for Orsus Xelent as it continues to work closely with China Unicom.

About China Unicom

Founded in 1994 by the PRC, China United Telecommunications Corporation ("China Unicom") has quickly grown to more than 112 million wireless subscribers and is now the leading provider of paging, long-distance, broadband data, and mobile communications services to the People's Republic of China (PRC). China Unicom is the world's second largest CDMA operator, third largest GSM operator, and the only CDMA operator in China. The company reported more than $11 billion in sales in 2005. China Unicom is also the only Chinese telecom operator simultaneously listed in the stock exchanges in New York, Hong Kong, and Shanghai. For more information, please visit http://www.chinaunicom.com.cn/english/index.html.

About Orsus Xelent Technologies, Inc.

Incorporated in the state of Delaware and headquartered in Beijing, China, Orsus Xelent Technologies, Inc. is an emerging designer and manufacturer of award-winning mobile phones for the Asian market, primarily the People's Republic of China (PRC). The company's business comprises the design of mobile phones, related digital circuits, and software development, and is a recognized pioneer in mobile phone integration technology. It introduced the region's first wristwatch-style cellular phone, and it continues to break new ground with state-of-the-art phones that include advanced features like finger print recognition and touch-screen displays. Since the company's launch in 2004, it has established "Orsus" as a popular brand and achieved a significant share of the world's largest mobile phone market. It maintains more than 179 service call centers across the PRC, with additional offices in New York, Shanghai, Hong Kong, Shenzhen, and Tianjin. For further information, please visit: www.orsus-xelent.com.

Information Regarding Forward-Looking Statements

Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations. These and other risks are described in our filings with the Securities and Exchange Commission.

Contact Information

  • Contact
    Orsus Xelent Technologies, Inc.
    Xavier Xin Wang
    President and CEO
    US: Tel 212-719-7535
    Fax 212-790-9594
    PRC: Tel 010-85653777
    Fax 010-85653666