SOURCE: MoqiZone

Moqizone

November 08, 2011 09:00 ET

Moqizone Holding Corporation Names Robert J. Shiver Chairman and CEO

NEW YORK, NY--(Marketwire - Nov 8, 2011) - MOQIZONE HOLDING CORPORATION (PINKSHEETS: MOQZ) today announced that its board of directors has appointed Robert J. Shiver as Chairman of the Board and Chief Executive Officer effective immediately. Mr. Shiver has extensive experience with over thirty years of experience within the wireless, security and technology industries having served in various board and executive management roles in both public and private companies. Lawrence Cheung, the previous CEO, will assume the position of President and remain in charge of the media business, content business including gaming, advertising division.

Moqizone is enlarging its wireless focus to the acquisition of spectrum and its utilization in the advancement of services in the global media, data, security, public safety and energy efficient sectors. Moqizone believes that spectrum over the next 10 years will become one of the most valuable natural resources in the world.

Robert J. Shiver, 56, has over 20 years of experience in the China marketplace and over 30 years of experience in the global security, wireless and technology sectors. He most recently served as Independent Director and Compensation Committee Chairman for China Security and Surveillance Technology (CSST, formerly NYSE-CSR), a company that was previous listed on the NYSE and has successfully completed a "going private" transaction. His extensive executive experience in the wireless, security and technology world includes hands-on responsibility for leading operations, sales and marketing organizations for technology, wireless and security companies including Aerwav Holdings Inc., Securicor Wireless Holdings, Inc. (formerly Intek Global Corp), Centennial Security Holdings, Inc. (BDC Holdings), and ADT Limited (The Hawley Group, plc), among others. The addition of Mr. Shiver in his new responsibilities continues to bring seasoned Board and Executive leadership in addition to those of Lawrence Cheung, Benjamin Chan and the rest of the team.

"I am honored and excited to lead Moqizone as it maximizes its current wireless spectrum assets. I look forward to the successful implementation of the new strategy which should allow Moqizone to create shareholder value by taking focused advantage of the increasing opportunities within the global wireless sector ahead. In assuming my new responsibilities, Moqizone, its management and strategic partners, will be reviewing its current strategic goals with a view towards aligning our goals with the significant growth occurring in the global wireless sector," stated Robert Shiver, CEO.

"We are very excited to have Robert leading Moqizone into its era of growth. He is the exact combination of seasoned technology executive and savvy leader that the Board was looking for, and we are thrilled to have attracted such an international talent to Moqizone. Robert has deep management expertise, energetic and decisive leadership style, a proven track record of driving growth and firm understanding of both challenges and global opportunity in the wireless sector," stated Lawrence Cheung, President.

About Moqizone
Moqizone is in the business of providing last mile game connectivity to Internet Cafés across China via its proprietary Moqizone Wireless Network. Based on its experience in the gaming industry, Moqizone is consolidating global wireless spectrum resources to provide wireless access solutions for service providers in the security, data, advertising, public safety and energy efficient sectors. Website: http://www.moqz.com.

FORWARD-LOOKING STATEMENT
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

  • Contact:
    Moqizone Holding Corporation
    For New York:
    Robert J. Shiver
    E+ Email Contact
    T: +1-212-380-7247

    For China:
    Lawrence Cheung
    E+ Email Contact

    For Hong Kong:
    Benjamin Chan
    E+ Email Contact

    TriPoint Capital Advisors
    Mark Elenowitz
    (917) 512-0822