CybeRelease: (OTC: CHMS) Reports Q4 2005 Sales up 62%
(CybeRelease.com, February 8, 2006) - Lake Harmony, PA - China Mobility Solutions, Inc., a Florida corporation (OTC BB: CHMS) is pleased to announce its fourth quarter sales.
The fourth quarter was the highest-sale quarter of the year, and December reported the highest monthly sales of 2005, close to U$0.9 Million. Total sales from Chinese operations grew 62% year-over-year in the fourth quarter of 2005 to a new record of $1.92 million. Our client base has increased 33% sequentially and reached 30,000. At the end of the quarter, the Company had about $6 million in cash and cash equivalents. Cash flow from operating activities in China continues to grow.
Commenting on the results, President Angela Du said, “The fourth quarter went extremely well. With the growth in our mobile marketing solution and the addition of our newly introduced products, the fourth quarter showed continued growth in revenues.”
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