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Stockstar69
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China Voice and Digital Telephone (formerly Crawford Lake Mining). CVDT

I'm in this one. A little confusing because of the name change in November but look at the chart.

Posts: 2498 | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
Stockstar69
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China VoIP & Digital Telecom, Inc. Subsidiary to Offer VoIP 400 Call Service for China-Based Businesses
Monday January 8, 12:11 pm ET
New Product From Jinan Yinquan Technology Co., Ltd. Offers Savings Through Shared Costs Between Caller and Receiver


HENDERSON, Nev.--(BUSINESS WIRE)--Jinan Yinquan Technology Co., Ltd., a wholly owned subsidiary of China VoIP & Digital Telecom Inc. (OTCBB:CVDT - News), today announced it is working in conjunction with China Tie Tong, one of China's leading telecom companies, to offer VoIP 400 call center service numbers for businesses located in the People's Republic of China.
"VoIP 400 service is ideal for a wide variety of businesses that are interested in sharing the cost of inbound customer service calls," said Li Kunwu, president and CEO of China VoIP & Digital Telecom Inc. "The VoIP 400 numbers offer a 50% percent savings over traditional 800 numbers for businesses that use these customer service numbers and Jinan Yinquan's VoIP technology. These savings are the result of the cost of using a 400 number being shared between the caller and the company receiving the calls."

Jinan Yinquan, a technology company that offers VoIP services in the People's Republic of China, has been developing telecommunication solutions for China's burgeoning Internet industry for more than half a decade.

"Our 400 service can be quickly set up and organized even for trans-regional entities," said Kunwu. "A set of uniform telephone numbers can be allocated to one business, even if it has branches in different regions."

Jinan Yinquan Technology Co., Ltd believes that with the low rate and easy network setup throughout various regions, VoIP 400 service will become a preferred choice for business users.

Jinan Yinquan's proprietary NP Soft Switch IP telephone system enables users to access Voice over the Internet Protocol (VoIP) services allowing customers to use the system to make telephone calls to anyone in the world at a much lower cost than standard telephone rates.

Jinan Yinquan currently services three provinces and 19 cities with Shandong Province its primary base of operations. Short- and long-term plans call for the expansion throughout China.

The company works in concert with China Tie Tong, one of the six largest basic telecom operators in China with 31 provincial branches and 316 municipal branches. It employs approximately 72,000 people. Its high-speed backbone optical transmission network consists of five fiber loops covering most of the cities in China's 31 provinces and a distance of 52,000 kilometers. During the period of 2001 to 2005 annual revenues have grown by 30 percent while fixed-line subscribers increased from 1.35 million to 16.4 million. By the end of 2005 the company had 2 million Internet subscribers and assets of 53.3 billion RMB. (For more information go to www.chinatietong.com)

About China VoIP & Digital Telecom Inc.

China VoIP & Digital Telecom Inc. offers Voice over the Internet Protocol service in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co. Ltd. Through Jinan Yinquan, China VoIP is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its NP Soft Switch system in China and is currently in the testing stage of other Information Technology products. The Company currently has 30 employees and is located in the Shandong Province, People's Republic of China.

More information can be found at www.chinavoip-telecom.com.

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