Level 3 Securities Market Performers this morning are: E Mobile Information Technologies (OTC: EMTK), Cisco Systems Inc. (NASDAQ: CSCO), Dell Inc. (NASDAQ: DELL) and Microsoft Computer (NASDAQ: MSFT)
CHL technologies, (a wholly owned subsidiary of E Mobile Information Technologies - EMTK:PK) is now teaming up with Lenovo, a well-known player in the China mobile phone industry specializing in R&D, production and marketing of mobile phones! CHL does it again! The terms of the agreement call for Lenovo to embed CHL’s Mobile Book Software Technology (MBST) and fully illustrated books into Lenovo’s cell phones. Lenovo is a publicly traded company that has been on the Hong Kong stock exchange since 1994. They currently have twenty different cell phones in six different models. Fantastic! E Mobile’s CHL is a stock to stop watching and buy - now!
Significantly, On Dec 7th of this past year, IBM agreed to sell its PC division to Lenovo Group in a deal valued at 1.75 billion dollars. This created the world’s third-largest PC business with approximately 12 billion dollars annual revenue for 2003. Before this merger, Lenovo Group reported some ten thousand employees and HK$22 billion in annual revenue. Lenovo is not a company to ignore, and teaming up with CHL was another smart move on their part!
CHL and Lenovo - it’s a perfect combination in many ways, and a big win for investors! Lenovo and E Mobile share a strategic interest in regional and global expansion. Teaming up with a giant like Lenovo through their agreement proves that E Mobile is continuing its strategy to include MBST software in every cell phone sold in China - and shows what a significant role E Mobile plays in the fast-growing mobile book market. With Lenovo focusing on its cell phone business, this past year sales revenue of Lenovo’s cell phone division increased 105% compared to the same period the year before. With sales on the rise, CHL and E Mobile can expect increases in revenue as well! Don’t wait to add EMTK to your portfolio! Visit www.lenovo.com/ for more information.
E Mobile owns and operates the for-pay online mobile content websites through CHL in China where cell phone users can and do, effortlessly, download thousands of games, books, magazines, news articles and even comics — anytime, anywhere. E Mobile is an emerging leader in the broadband mobile content market through its operating subsidiary CHL Technologies. EMTK owns CHL and can be acquired by purchasing EMTK stock. CHL focuses on developing and distributing innovative mobile applications and wireless value added services for Smartphones, Symbian, KJava, and Pocket PC. CHL Technologies is ahead of its competitors in ready applications and content for these new systems. This means investors can rest easy because the company is well positioned for the emerging 3G content markets. CHL has committed to becoming the leading provider of these high tech content services internationally. Visit www.chltec.com for more information.
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