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HONG KONG, Mar 11, 2016 - (ACN Newswire) - China All Access (Holdings) Limited ("China All Access" or "the Company;" stock code: 633.HK) is pleased to announce that it has entered into a memorandum of understanding on cooperation with OHB SE ("OHB"), a publicly listed German satellite system manufacturing company. Both parties intend to jointly develop the next generation of communications solutions in the field of satellite communications applications.
China All Access and OHB will focus on the following topics: 1) achieving more comprehensive coverage by the integration of aerial and terrestrial mobile networks; 2) offering more effective communication solutions for enterprise customers in the vertical markets; 3) providing higher security technology in the transmission process; 4) developing enhanced applications which are compatible with different communications networks.
OHB is a publicly listed German satellite system manufacturing company. It specializes in the design and manufacturing of satellites systems in the international market and develops telematic services using satellite and terrestrial communication networks. The collaboration earmarks an important step in China All Access's strategy of entering into the global advanced communications application technology market. The Company has always been leveraging on its leading technological advantage to continuously enhance its overall strength and reinforce its core competence.
Mr. SHAO Kwok Keung, Chief Executive Officer of China All Access, said, "The Board believes that it bears important strategic significance to the Company's future development as the move will allow China All Access to head for professionalism and internationalization. Through our cooperation with a strong international partner, we will stay abreast of market needs and further enhance our R&D and innovation capabilities in the provision of more advanced, secure, comprehensive and reliable communications products and application solutions, thereby generating greater benefits and returns to the Company."
Contact:
Strategic Financial Relations (China) Limited
Ms. Serine Li
Tel: (852) 2864 4835
serine.li@sprg.com.hk
Ms. Winnie Lau
Tel : (852) 2864 4876
winnie.lau@sprg.com.hk
Ms. Angel Li
Tel : (852) 2114 4954
angel.li@sprg.com.hk
Ms. Mavis Wu
Tel : (852) 2864 4899
mavis.wu@sprg.com.hk
Ms. Ella Lu
Tel : (852) 2114 4941
ella.lu@sprg.com.hk
Topic: Press release summary
Source: China All Access (Holdings) Limited
Sectors: Media & Marketing, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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