Wi-Fi TV's New China Subsidiary to Offer Personal Internet TV to World's Largest Internet Market
September 12 2008 - 8:15AM
Marketwired
Following up on over a year of development, Wi-Fi TV Inc.
(PINKSHEETS: WIFT), www.Wi-FiTV.com and www.Wi-FiChina.cn,
announced this week that it is forming a subsidiary to further
develop and deploy its Social Internet TV plan for China, the
world's largest Internet market. A new Personal Internet TV(TM)
feature is being developed for joint introduction in China and the
United States.
Wi-Fi TV(TM) will provide further details of its partners for
its China introduction with online videos. Wi-Fi TV is working with
recognized industry leaders in all aspects of its rollout to China.
Based on the relationships Wi-Fi TV has developed in China, Wi-Fi
TV believes it will be able to potentially reach millions of
Chinese Internet users once its Chinese site has been
developed.
The subsidiary will initially be formed in the United States and
will be affiliated with either an existing or newly formed company
incorporated in China and co-owned by China based partners.
The U.S. subsidiary, Wi-FiChina.cn Inc., will be majority owned
by Wi-Fi TV Inc. Its purposes will include oversight of:
-- Development of a China specific web site in Chinese with certain
features added and deleted to the Wi-Fi TV delivery platform
-- Legal and accounting compliance for China based operations, and plan
for meeting Chinese regulatory requirements
-- Working with a two-step plan of first deploying servers in Los
Angeles, California and later deploying servers in China
-- Wi-Fi TV Licensing and advertising arrangements
-- China based marketing and public relations
China Is Now World's Largest Internet Market
With over 220 million Internet users, China is both the largest
and the fastest growing Internet market in the world. Wi-Fi TV will
be webcasting updates, direct from Beijing, China, of its
deployment plans.
500 Stations Now Playing On Wi-FiTV.com
Wi-Fi TV now features over 500 live TV stations with live chat
on topics such as Music, News, Politics, Religion, Cars,
Environment, Weather, Sports, Wildlife, Children's Shows, and more.
A growing number of these stations are Wi-Fi TV global exclusive
stations such as www.AllGolfTV.com, www.WineNationTV.com and
www.Wi-FiCars.com.
Buy A Wi-Fi TV Station For Your Business
Any business can now purchase its own Wi-Fi TV Station, and have
complete automated control over 24/7 continuous playing content,
live content (which can be delivered from any laptop computer with
a webcam and Internet connection), on-demand content, banner ads,
links, news, logos and more. Your URL of choice takes viewers to a
page with only your station. Wi-Fi TV complete station packages
start at only $2,000 and can be purchased with a credit card
through PayPal or by check or wire transfer For more information
call 949-675-5011 or send an email to info@wi-fitv.com.
Wi-Fi TV Station Sales Opportunity Call Next Thursday
Wi-Fi TV pays its independent sales team large and immediate
commissions. To join the team just dial in to the weekly free, no
obligation opportunity call every Thursday at 4:30 PM Pacific, 7:30
PM Eastern at 218-486-1300, bridge #715719. The next call will be
on Thursday, September 18, 2008 (there was no call on Thursday,
September 11).
ABOUT Wi-Fi TV
Wi-Fi TV Inc. provides Social Internet TV(TM), a new generation
TV delivery platform that has a geographic sphere out-distancing
any traditional cable or over-the-air TV broadcaster.
The Wi-Fi TV web site (www.Wi-FiTV.com) is the only place on the
Internet where you can watch hundreds of TV stations and chat with
others watching the same program in a live chat box directly under
the viewing screen, and get breaking news for each country and
category listed.
Forward-Looking Statements
Any statements made in this press release which are not
historical facts contain certain forward-looking statements; as
such term is defined in the Private Security Litigation Reform Act
of 1995, concerning potential developments affecting the business,
prospects, financial condition and other aspects of the company to
which this release pertains. The actual results of the specific
items described in this release, and the company's operations
generally, may differ materially from what is projected in such
forward-looking statements. Although such statements are based upon
the best judgments of management of the company as of the date of
this release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including,
without limitation, the company's dependence on third parties,
general market and economic conditions, technical factors, the
availability of outside capital, receipt of revenues and other
factors, many of which are beyond the control of the company. The
company disclaims any obligation to update information contained in
any forward-looking statement. This press release shall not be
deemed a general solicitation.
Contact: Wi-Fi TV Inc. Lisa Pahl 949-675-5011
info@wi-fitv.com
Wi Fi TV (CE) (USOTC:WIFT)
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