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SmallCapNewsRelease.com: China Voice (CHVC.PK) signs 9 year agreement with China Unicom (NYSE:CHU)


WEBWIRE

JERICHO, NY -- (SmallCapNewsRelease) -- July 16, 2009 -- China Voice (CHVC.PK) announced today that it’s subsidiary, Beijing CandidSoft, signed a 9 year agreement with China Unicom (NYSE:CHU), a Chinese Government owned entity.

The China Voice Holdings and China Unicom agreement is for the private labeling of their SKY O/A Office Automation system under the ICT Business brand. SKY O/A is geared towards government, educational and commercial applications, allowing multiple workers to collaborate on a single project. China Voice will be responsible for the application development, software upgrades, maintenance and support.

China Unicom offers GSM telephone services, fixed-line voice, broadband and other internet related services. As of 2008 year end, China Unicom had over 133 million GSM customers in 31 provinces across China. Under the agreement, China Unicom will be responsible for all networks used for the SKY O/A system, first level customer support, billing, collections, hosting, monitoring and maintenance of the software as well as marketing and promoting of the ICT brand.

SmallCapNewsRelease Gainers are MGIC Invest (NYSE:MTG), Freddie Mac (NYSE:FRE-PB), Kingsway Financial (NYSE:KFS), Patriot Coal (NYSE:PCX) Modine Manufacturing (NYSE:MOD) ARCA Biopharma (NASDAQ:ABIO) Annapolis Bancorp (NASDAQ:ANNB), and Craftmade International (NASDAQ:CRFT).

SmallCapNewsRelease Decliners are CIT Group (NYSE:CIT) Hudson Technologies (NASDAQ:HDSN) UCBH Holdings (NASDAQ:UCBH) China Networks (AMEX:CNR-U) WHX Corp (NASDAQ:WXCO) Wayne Savings Bancshares (NASDAQ:WAYN) Ameriana Bancorp (NASDAQ:ASBI) and S L Industries (AMEX:SLI).

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