Archive | March, 2010

CDC Games Aims to Develop, Launch New 2D MMORPGs in 2010

CDC Games Aims to Develop, Launch New 2D MMORPGs in 2010

CDC Corporation (CHIN) subsidiary CDC Games announced plans to launch new 2D turn-based MMORPGs this year in the growing Chinese gaming market.

CDC Games, a business unit of CDC Corporation (CHIN) and a pioneer of the “free-to-play, pay for merchandise” model for online games in China, announced today that it has entered into an agreement with a Sichuan, China-based game development studio to operate and jointly develop Mythical Legend, a 2D turn-based massive multiplayer online role playing game (MMORPG). Mythical Legend marks the third new local game planned for launch this year by CDC Games.

As part of this agreement, CDC Games will jointly own the intellectual property (IP) of the game after the game is fully developed, and will have exclusive rights to license the game to certain third parties. CDC Games also will be assisting in the design of the game, as it plans to leverage feedback from gamers on how to improve the game.

Mythical Legend is a game of two dimensional graphics where players alternate turns with their opponents. Based on a classic, ancient Chinese fantasy novel called Fengshen Bang (The Investiture of the Gods), Mythical Legend offers gamers a combination of a comic and classical Chinese-style game, with player versus player (PvP) gameplay.

Other new local games planned for this year include East Fantasy, a cartoon-type 3D massive multiplayer online action role playing game (MMOARPG) that is currently completing its final phase of testing, and Richman Universe, a casual MMORPG based on the themes of the popular Monopoly and battle chess games.

“We are excited to reach this agreement since this enables CDC Games to evolve from a pure publisher of games into a co-developer status where we jointly share in the IP and maintain influence over the direction of the game,” said Simon Wong, CEO of CDC Games. “Notably, as joint-owner of the IP, we believe we will enjoy higher operating margin than if we were only a publisher of the game. Since we also plan to rely on gamers’ feedback, we feel Mythical Legend will be a true game of the players, by the players and for the players, which we believe ultimately increases its prospects for success. This agreement also marks another step forward in our previously announced plans to launch new local games in China that further enrich our diverse games portfolio.”

About CDC Games

CDC Games is a market leader in online and mobile games in China with more than 160 million registered users. The company pioneered the “free-to-play, pay-for-merchandise” online games model in China with Yulgang and launched the first free-to-play, pay for merchandise FPS (first person shooter) game in China with Special Force. For more information on CDC Games, visit: www.cdcgames.net.

About CDC Corporation

The CDC family of companies includes CDC Software (CDCS 11.42, +0.13, +1.15%) focused on enterprise software applications and services, CDC Global Services focused on IT consulting services, and outsourced R&D and application development, CDC Games focused on online games, and China.com, Inc. (HKGEM:8006) focused on portals for the greater China markets. For more information about CDC Corporation (CHIN.A 3.00, -0.05, -1.64%) , please visit www.cdccorporation.net.

Cautionary Note Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding our beliefs about the planned launch of Mythical Legend and the timing thereof, our beliefs about the game’s characteristics and the market acceptance of Mythical Legend, our beliefs regarding our ability to continue with momentum in the popularity of our games, our expectations regarding the success of Mythical Legend, our beliefs regarding the factors supporting the anticipated success of Mythical Legend, our beliefs regarding the appeal, preferences and player acceptance of Mythical Legend, our beliefs and plans regarding the launch of Mythical Legend and other games, our beliefs about our ability to maintain input with respect to the future direction of Mythical Legend and the effects and importance thereof, our beliefs regarding profitability and operating margins with this game, and other statements that are not historical, the achievement of which involve risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. These statements are based on management’s current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, including the following: (a) the ability to realize strategic objectives by taking advantage of market opportunities; (b) the ability to develop and market successfully Mythical Legend and other games and expansions; (c) the future growth of the online games industry in China; (d) the possibility of development delays; (e) the development of competing products and technology; (f) the risk of our partners’ continuing to fulfill their obligations under agreements with us; and (g) and the entry of new competitors and their technological advances. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2008 on Form 20-F filed on June 30, 2009. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise. Historical results are not indicative of future performance.

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Greenfield Partnership Program Pays Big Dividends

Greenfield Partnership Program Pays Big Dividends

NewMarket Technology, inc. (NWMT), NuMobile, Inc. (NUBL), Nova Energy, Inc. (NVAE), and China Crescent Enterprises, Inc. are all a part of a new Greenfield Partnership Program that is expected to generate strong revenues for all parties involved.

NewMarket Technology, Inc. (NWMT) today released a Greenfield Partnership Program Webcast to provide a preview of upcoming financial reports for fiscal year 2009 for NewMarket and program participant companies, including NuMobile, Inc. (NUBL) , Nova Energy, Inc. (NVAE) and China Crescent Enterprises, Inc. (CCTR) . The Greenfield Program was introduced by NewMarket last year to accelerate and enhance the introduction of new technology innovations into new markets. The Webcast further discusses the $200 million revenue potential in China for Greenfield Program participant companies and reviews NewMarket’s anticipated net income improvement for 2009 over 2008.

China Crescent CEO Dr. James Jiang recently announced a goal of generating $200 million in revenue in China through partnership programs in 2010. The $200 million represents an additional $100 million revenue goal on top of China Crescent’s $100 million revenue goal for 2010. The additional $100 million in revenue would not necessarily be recognized directly by China Crescent, but otherwise to be recognized in a combination of opportunities won by individual Greenfield partner participants.

The presentation is now available for on-demand review on the NewMarket corporate website www.newmarkettechnology.com or directly at http://www.newmarkettechnology.com/wcgf_20100335.htm.

Sign Up to Receive Regular NewMarket Updates

NewMarket sends regular Company updates to its opt-in, permission-based email database. Interested investors can easily, safely and quickly register to receive these communications directly on the corporate website homepage at http://www.newmarkettechnology.com/. Recipients can manage their own email contact profile and safely unsubscribe at any time.

About NuMobile, Inc. (www.numobileinc.com)

NuMobile is building a portfolio of security and software solutions for the global mobile computing and smartphone market. Through a roll-up strategy, NuMobile plans to acquire and develop mobile computing solutions for a variety of applications, including mobile banking, for the global marketplace. The demand for mobile security and software applications is being driven in large part by the growing number of mobile phone sales into emerging economies that currently do not have substantial access to the Internet via desktop computing. Already in North America, the Company has also forged a partnership in the Chinese market and is developing a plan for the emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company listed on the Over-the-Counter Bulletin Board.

About Nova Energy, Inc. www.novaei.com

Nova Energy, Inc. has launched an updated corporate strategy to pursue several business lines in the growing economy of East Africa, initially in Kenya. Nova has already begun several initiatives in the region to include initiatives in the Technology, Utility, Housing and Health products industries. Nova Energy has also launched a communications and awareness campaign. The Company is quoted on the OTCBB and files its periodic reports. The Company is also dually quoted on the Pinksheets under NVAE.

About China Crescent Enterprises, Inc. (www.chinacrescent.com)

China Crescent is a systems integration service provider that markets technology outsourcing services in China including the sale and service of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell. Following a recent strategic acquisition, the Company has expanded its business line to include original design manufacturing (ODM). China Crescent reported over $40 million in profitable revenue in 2008. The Company has reported record profits through the first 9 months of 2009 and anticipates reporting record profit in the 2009 annual report. Management has set a goal of reaching $100 million in revenue in 2010.

Headquartered in Dallas with operations in Shanghai, Shenzhen, Dalian and Beijing, China Crescent bridges the gap between global business cultures to assist clients worldwide realize the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

About NewMarket Technology, Inc. (http://www.newmarkettechnology.com/)

NewMarket is a reporting company with audited financial reports filed with the SEC. NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Last year the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.

Across the globe, NewMarket is a Microsoft and Oracle partner, distributes various computer hardware and peripherals from brand partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized reseller of operating systems and various software from companies such as Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company works with emerging technologies such as mobile computing, various security and wireless broadband technologies. NewMarket’s rapid growth since 2002 has placed the Company on the Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.

“SAFE HARBOR STATEMENT” UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket’s actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

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China Wi-Max CEO Sits Down for an Interview

China Wi-Max CEO Sits Down for an Interview

Steven Berman, China Wi-Max CEO and President. (CHWM) said in an interview “China Wi-Max is positioned to take advantage of the dynamically growing broadband internet connectivity market in China, starting in Beijing and rolling out to a population segment of 100 million people in ten (10) target cities.”

The interview is available here: http://gaskinsco.com/chwm-steven-b.mp3

Mr. Berman also said this is the first in a series of continuing Internet interviews with China Wi-Max executives, in cooperation with IPOdesktop.com.

Separately, IPO Desktops CHWM analyst report is available at: http://www.gaskinsco.com/linkto-chwm.shtml

About China Wi-Max Communications, Inc.: China Wi-Max Communications, Inc. (CHWM), a world-class telecommunications and IP transport company, was formed to take advantage of the rapidly expanding wireless and landline communications needs in China. The goal of China Wi-Max Communications is to become the premier provider of broadband technology and allied services in the Chinese Market. Building on world-class technical experience and proven management skills, China Wi-Max Communications is approaching its market with the tools that experience suggests ‘are necessary’ to achieve success. The Company is headquartered in Denver, Colorado, and its common stock is listed on the OTC Bulletin Board under the symbol “CHWM.”

For additional information please visit the Company’s website at www.chinawi-max.com.

Please Contact – Jim Prange 920.912.7444 or Phil Allen 303.875.1044 within the Investor Relations Department of China Wi-Max Communications, Inc.

‘Safe Harbor Statement’ This press release contains forward-looking statements that involve risks and uncertainties. The statements of this Summary Overview are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision. For More Information Please Visit the Company’s Website at www.chinawi-max.com.

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Chinese Market Close Higher on Copper Woes

Chinese and Hong Kong stocks closed higher on Monday after natural resources cmopanies were boosted by a jump in copper prices following Chile’s earthquake. Chile is currently the world’s largest producer of the metal.

Hong Kong’s Hang Seng index gained 2.17%, or 448.23 points, to close at 21,056.93. Meanwhile, Chinese stocks rose 1.18% on the Shanghai Composite, which ended up 35.90 points at 3,087.84. Trading volumes were heavy on both exchanges.

In recent trading, May copper futures were up about 8 cents, over 2%, at $3.36 a pound on the Comex division of the New York Mercantile Exchange. The commodity reached as high as $3.48, its strongest point since January, in electronic trading over the weekend after the 8.8 magnitude quake struck Chile.

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