CWLC – Stock GuruProfile – China Wireless Communications
CWLC has demonstrated a sophisticated business ability in their relationship with Hyundai in Tianjin, China. Now they are looking at the security and law enforcement market. This is a tremendous growth market. With restricted shares I am very interested in their ability to enter this arena.
CWLC’s current product line is compatible with the market for opportunities for the development of electronic products in law enforcement and the rapidly expanding private security market. The video surveillance industry is expanding rapidly as rising security needs emerge for private industry and law enforcement.
Their division Create Co. in Tianjin, China, (the third largest city in China) and CW Communications in Dallas, Texas, have the ability to act synergistically and provide customers with options in information technology that includes video surveillance equipment. This is a booming market and that’s obvious to everyone. There are cameras everywhere now. At virtually all traffic intersections, in commercial enterprises, in community living centers.
Security is everything, whether it’s where you live, you work or you drive. Technological innovations are driving this expansion – including the migration to digital, fully networked systems, according to the market-research firm iSuppli Corp.
With the emergence of networked internet protocol (IP), video surveillance cameras and IP video servers-along with the rising use of digital video recorders (DVRs)-video surveillance is moving beyond traditional security and into new applications such as transportation, retail, government and even home networking.
Networked video surveillance, which allows for greater flexibility, field upgradeability, increased automation and more intelligence to be incorporated into the overall system. Because of this, IP cameras will experience continued growth in surveillance, displacing existing closed circuit television (CCTV) cameras with modern technology that can be networked into larger security systems. Similarly, surveillance DVRs are transitioning into networked devices as well.
Global video surveillance camera revenue is forecast to grow to more than $9 billion by 2011, maintaining a compound annual growth rate (CAGR) of 13.2 percent up from $4.9 billion in 2006.
It is estimated that video surveillance unit shipments will more than double to 65.7 million units in 2011, rising at a CAGR of 17.1 percent from 29.8 million in 2006.
Our shares are restricted and we are sticking with CWLC. I think their Hyundai agreement is stunning and bodes well for the rest of their businesses.
CONTACT:
Larry Murphy
Corporate Communications Department
China Wireless Communications, Inc.
info@chinawirelesscommunications.com
http://www.chinawirelesscommunications.com
303.277.9968 Office
SOURCE China Wireless Communications, Inc.
URL: http://www.chinawirelesscommunications.com
China Wireless Communications Inc.
Denver Office:
1746 Cole Boulevard, Suite 225
Golden, Colorado 80401
Hawaii Office:
570 Dillingham Blvd., #214
Honolulu, Hawaii 96817-4601
Beijing Office:
China Wireless Communications, Inc.
0612 Room, 4 Lou, No. 9, Xi Ying Fang Bystreet
Dong Cheng District, Beijing 100011
Tianjin Office:
Tianjin Create Electronic Technology Company, Ltd.
1006 Time Building B
Anshanxi Road, Tianjin
Phone:
Denver: (303) 277-9968
Hawaii: (808) 486-5190
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is an information technology company in North America and Asia. Our business plan is to provide both wireless and wired high-speed data and telecommunication connectivity for data and video over internet network systems to our customers.
Forward Looking Statements:
Statements regarding financial matters in this press release other than historical facts are “forward-looking statements.” The company intends that such statements about the Company’s future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from the expected results.
Forward Looking Statement: This release contains “forward-looking statements” based on current expectations but involving known and unknown risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. The Company’s plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, its ability to consummate, and the timing of, acquisitions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate. The Company makes no undertaking to update such forward-looking statements. Except for the historical information contained herein, the matters discussed in this release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See filings with the Securities and Exchange Commission, including, without limitation, recently filed Form 10-KSB and 10-QSB.
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