INNOCOM Announces 1.5 Million Units
February 12 2007 - 8:59AM
PR Newswire (US)
SANTA MONICA, Calif., Feb. 12 /PRNewswire-FirstCall/ -- INNOCOM
Technology Holdings, Inc. (OTC:INCM) (BULLETIN BOARD: INCM)
announced they will assemble approximately 1.5 million mobile phone
handset units per year when their new manufacturing facility is
completed. Depending upon the complexity of the assembly process of
a particular model, the gross revenue from the handsets range from
$2.5 million to $4.5 million. As a result, the EBITA will be
approximately $1.5 million to $1.8 million or more than $1.00 per
unit. About INNOCOM Technology Holdings, Inc. INNOCOM is a leading
mobile communication technology company in China. They have two
principal business lines: mobile phone handset design and trading
of mobile phone handsets and components. INNOCOM provides
customized mobile phone design services to licensed manufacturers
in China. Their services include hardware system design based on
chipsets such as integrated circuits sourced from external
suppliers, application software design and mobile phone handset
casing design. In addition to design services, the company provides
sourcing of mobile phone handsets and components for customers on a
wholesale basis. INNOCOM competes with other communication
technology companies by emphasizing provision of higher quality
consumer-driven services that assist INNOCOM customers in
identifying and/or forecasting trends in mobile handsets demand,
providing comprehensive and total solution services, managing cost
effectiveness, and demanding product quality and reliability in
both hardware and software functionality. For more information see:
http://www.innocomtechnology.com/index.htm Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: Except
for historical information contained herein, the statements in this
news 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 a company's actual
results, performance and achievement in the future to differ
materially from forecasted results, performance, and achievement.
These risks and uncertainties are described in the Company's
periodic filings with the Securities and Exchange Commission. The
Company undertakes no obligation to publicly release the result of
any revisions to these forward-looking statements that may be made
to reflect events or circumstances after the date hereof, or to
reflect the occurrence of unanticipated events or changes in the
Company's plans or expectations. Company Contact: INNOCOM
Technology Holdings, Inc. Ashley Hull (310) 450-9100 opt 1 Investor
Relations: SIG Consultants Doug Ward (770) 814-7199 DATASOURCE:
INNOCOM Technology Holdings, Inc. CONTACT: Ashley Hull of Lea
Management, +1-310-450-9100 opt 1, or ; or Investors, Doug Ward of
SIG Consultants, +1-770-814-7199, or Web Site:
http://www.innocomtechnology.com/index.htm
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