HONG KONG--(Marketwire - Dec 3, 2012) - iMing Corp. (OTC: IMNG) is pleased to provide an
update on its recent Corporate
Recently the Company changed its name from China Career Builder Corp. to
Corp., to better reflect changes in its core business as the Company
itself to be a major participant in the growing Internet TV Technology
and Set-Top Boxes (STB) markets which supply high-definition television
the Web (Web TV) to consumers in China.
The worldwide set top box, dedicated device, market was $8.7 billion in
is expected to reach more than $15 billion by 2018, as next generation
and cloud computing are introduced to manage Internet connectivity to
devices in the home.
China is set to represent the fastest growing set top box market in the
major manufactures of set top box devices have set a target of moving
terrestrial television to digital cable transmission in China by 2015.
It is anticipated that China's Internet population will hit 718
2013, accounting for 52.7 percent of the total population.China has a
online user base of as of July 2012 of 538 million internet users.
Internet users spent an average of 18.7 hours online per week through out
demonstrating the ever increasing demand for access to on-line content
entertainment programming from a single dedicated device.
iMing plans to take part in this explosive market opportunity by
consumers an affordable Set-Top Box that targets both the massive
market of Internet Users as well as the CATV users who have access
internet by providing a cost effective means of access to television,
entertainment and full length movies on-line through the company's HD
ABOUT THE COMPANY
iMing Corp is positioning its self to be a leading technology solution
of set-top boxes (STB) which supplies high-definition television through
(Web TV) in China, with the goal of being a leading provider of set-top
through out Asia and expanding into North America and Europe. The iMing's
Set-Top Box can play source files from USB, SD/MMC card, SATA or an
2.5"storage installed into the Web TV Box. By supporting the latest
1080P Full HD decoding, SPDIF.7.1.DTS decoding and HDMI 1.3, the iMing
Box brings superior quality and flexibility to consumers home
experience. The technology used by iMing makes its productive competitive
the other industry players such as Google TV, WDTV, Apple TV, Roku and
For further information please refer to the Company's
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SAFE HARBOR STATEMENT
Certain of the statements set forth in this press release constitute
"forward-looking statements." Forward-looking statements include, without
statement that may predict, forecast, indicate, or imply future
performance or achievements, and may contain the words "estimate,"
"intend," "forecast," "anticipate," "plan," "planning," "expect,"
"will likely," "should," "could," "would," "may" or words or
similar meaning. Such statements are not guarantees of future
are subject to risks and uncertainties that could cause the company's
results and financial position to differ materially from those included
the forward-looking statements. Forward-looking statements involve
uncertainties, including those relating to the Company's ability to
business. Actual results may differ materially from the results
reported results should not be considered as an indication of
performance. The potential risks and uncertainties include, among
Company's limited financial resources, domestic or global economic
especially those relating to China, activities of competitors and the
of new or additional competition, and changes in Federal or State
restrictions and regulations on doing business in a foreign
particular China, and conditions of equity markets. The Company
obligation subsequently to revise any forward-looking statements to
events or circumstances after the date of such statement or to
occurrence of anticipated or unanticipated events.
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other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: iMing Corp. via Thomson Reuters ONE