Shenzhen, China (BUSINESS WIRE) - Jingwei International Limited (OTC Bulletin Board: JNGW.OB) ("Jingwei" or the "Company"), one of China's leading direct marketing companies, today announced that it has retained Strategic Growth International, Inc. ("SGI"), a leading global investor relations firm, as its advisor. SGI will assist the Company in increasing awareness and establishing its leading position in the fast growing Chinese advertising market among the international investment community.
Mr Regis Kwong, CEO of Jingwei, stated: "As a rapidly growing direct marketing and data mining company we wanted to be represented internationally by a major Investor Relations firm that is well known and respected by global investors.
SGI's expertise will help us to identify institutions that recognize the value of our competitive advantage and our outstanding data base of over 300 million Chinese consumers. As we continue to expand our business throughout China and get involved with global brands, we look forward to sharing our progress with the investment community worldwide."
Founded in 1989, SGI is headed by Richard E. Cooper and Stanley Altschuler, both long-time and highly-respected Wall Street veterans.
Prior to his co-founding SGI, Mr Cooper was a Managing Director at Salomon Brothers for five of his 14 years at the firm. Mr Altschuler owned and managed a New York-based brokerage firm.
ABOUT JINGWEI:
Jingwei International Limited ("Jingwei") is a leading direct marketing company in the fast growing Chinese market.
The Company is one of the leading providers of data mining and customer relationship marketing services in China. With a customer database of over 300 million Chinese consumers, Jingwei enables leading global brands to reach their target audience. The Company's services include market segmentation, customer trend and churn analysis, fraud detection and direct marketing services such as telemarketing and WVAS. The Company also operates a software services business, which provides a broad range of billing systems, provisioning solutions, decision support and customer relationship management systems for China's leading mobile telecommunication carriers. The software services business strengthens sales opportunities for Jingwei's higher margin data mining platform, and allows the Company to enhance its customer database. Jingwei plans to evolve into an integrated marketing platform with targeted outbound sales campaigns via mobile phone advertising, and customer service/order fulfillment at call centers throughout the country. For more information, please visit the Company's web site: www.jingweicom.com.
Safe Harbor Statement
Certain of the statements made in the press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.
Strategic Growth International, Inc.
Miri Segal or Richard Cooper, 212-838-1444 msegal@sgi-ir.com or rcooper@sgi-ir.com
Mr Regis Kwong, CEO of Jingwei, stated: "As a rapidly growing direct marketing and data mining company we wanted to be represented internationally by a major Investor Relations firm that is well known and respected by global investors.
SGI's expertise will help us to identify institutions that recognize the value of our competitive advantage and our outstanding data base of over 300 million Chinese consumers. As we continue to expand our business throughout China and get involved with global brands, we look forward to sharing our progress with the investment community worldwide."
Founded in 1989, SGI is headed by Richard E. Cooper and Stanley Altschuler, both long-time and highly-respected Wall Street veterans.
Prior to his co-founding SGI, Mr Cooper was a Managing Director at Salomon Brothers for five of his 14 years at the firm. Mr Altschuler owned and managed a New York-based brokerage firm.
ABOUT JINGWEI:
Jingwei International Limited ("Jingwei") is a leading direct marketing company in the fast growing Chinese market.
The Company is one of the leading providers of data mining and customer relationship marketing services in China. With a customer database of over 300 million Chinese consumers, Jingwei enables leading global brands to reach their target audience. The Company's services include market segmentation, customer trend and churn analysis, fraud detection and direct marketing services such as telemarketing and WVAS. The Company also operates a software services business, which provides a broad range of billing systems, provisioning solutions, decision support and customer relationship management systems for China's leading mobile telecommunication carriers. The software services business strengthens sales opportunities for Jingwei's higher margin data mining platform, and allows the Company to enhance its customer database. Jingwei plans to evolve into an integrated marketing platform with targeted outbound sales campaigns via mobile phone advertising, and customer service/order fulfillment at call centers throughout the country. For more information, please visit the Company's web site: www.jingweicom.com.
Safe Harbor Statement
Certain of the statements made in the press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.
Strategic Growth International, Inc.
Miri Segal or Richard Cooper, 212-838-1444 msegal@sgi-ir.com or rcooper@sgi-ir.com
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