TCOM – Stock Guru Profile — OTCBB:TCOM
IC Star is delivering movies not only through IPTV but also in cinemas across China. TCOM is off to an incredible blockbuster start. The first Chinese spoof, ‘Big Movie,’ has enormously successful and debuted in top thee box office attractions in the first week of the New Year. In the four weeks through January 28, 2007, with USD $2,5 Million in ticket sales, the movie has earned almost double what it cost to make.
The Zestv Chinese film, ‘BIG MOVIE,’ was a cost-effective release for IC Star, distributed jointly by IC Star and Hua Xia Films Distributions Limited. The film is a spoof of 17 of China’s biggest productions including “House of Flying Daggers”, “Kung Fu Hustle”, “Daisy”, “The Ring” and “In the Mood for Love”. TCOM intends to continue with the successful spoof theme.
The theatrical screenings are delivered to a 1000 cinemas. Each fimly typically has a 21 day screening in major cities before moving to small cities.
SkyeStar.com, the flagship entertainment property of TCOM.
TCOM has the first right to buy ZesTV music, films and TV programming copyrights. This will benefit SkyeStar members.
TCOM has bought complete rights to three films ( USD 6 million) for 2007 that are currently in production with Zestv.
TCOM anticipates they will deliver these films to 1000 cinemas in May, October and end of December. Revenue of USD10 million is expected from cinemas . Other TCOM sales channels sales are expected to generate approximately USD 5 million from these films.
ZesTV owns and operates a portfolio of news and entertainment networks, a premier motion picture company, television production operations, a leading internet entertainment website group, and studio-branded theme parks are currently in development.
TCOM looks forward to continued discussions with filmmakers for acquisition or strategy investments into motion-picture production companies.
SOURCE Telecom Communications, Inc. and Asia Pulse
CONTACT: Ms. Sandy Tang of Telecom Communications, Inc., +852-782-0983,
or pr@tcom8266.com
Web site: http://www.skyestar.com/
http://www.mystaru.com/
http://www.subaye.com/
About Telecom Communications, Inc.: Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd., IC Star MMS, Ltd. ( http://www.icstarmms.com/ , http://www.skyestar.com/ ), Guangzhou TCOM Computer Technology Limited ( http://www.mystaru.com/ ) and majority owned subsidiary HRDQ Group, Inc. ( http://www.subaye.com/ ).
Safe Harbor: The statements made in this release constitute “forward-looking” statements, usually containing the words “believe,” “estimate,” “project,” “expect,” or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company’s products in the marketplace, competitive factors and other risks detailed in the Company’s periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
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