BIZ Outsourzing, Inc. Launches Mobile
Internet Store Offering In-Game Gadgets; Increased
Mobile Games Revenue
Fri, Apr 13, 2007
BIZ Outsourzing, Inc. today announced the successful
launch of a mobile Internet store offering in-game
gadgets empowered by a virtual cash payment system
through its wholly-owned operating subsidiary,
Guangzhou Yin Han Technology Company Limited (''YinHan'),
a leading mobile games developer and distributor
in China.
Known as ''QQ Shop'', this mobile Internet store
offers to game players a variety of gadgets, including
helmets, swords or even a magic spell to defeat
villain, which are capable of upgrading the in-game
characters in the mobile game ''Journey to the
West'' developed by YinHan and delivered over
the Wireless Application Protocol (WAP) platform
of China Mobile.
Simply clicking through a hyperlink in the game,
''Journey to the West'' gamers are allowed to
purchase in-game gadgets from QQ Shop by using
their RMB cash in the real world through the game's
new virtual cash and payment system, or ''Q-coins''.
Q-coins prepaid cards are available in almost
any grocery store in China to pay for any virtual
booty online as long as the stock lasts.
Empowered by Tencent, ''Q-coins'' is an official
intermediary for transactions between real-life
players for in-game items and characters. Revenue
totaling RMB 130,000 (US $16,666) has been generated
from QQ Shop during the two weeks after its first
launch on February 28, 2007.
''By working closely with our partner Tencent,
BIZO is able to increase the all-round stickiness
of the WAP game 'Journey to the West','' said
Mr. Xu Yuan, General Manager of YinHan Technology
Company Limited ''Thanks to speedy purchasing
system, the primary market of in-game gadgets
and virtual goods will be one of the important
income streams of BIZO.''
About BIZ Outsourzing, Inc.
BIZ Outsourzing, Inc. (BIZO) is a developer of
interactive mobile games and other wireless applications
delivered over a variety of mobile phone platforms
in China including SMS, WAP over GPRS, kJava and/or
BREW. Strategically located in Guangzhou City
of the People's Republic of China, BIZ Outsourzing,
Inc.'s wholly-owned operating subsidiary, Guangzhou
Yin Han Technology Company Limited ( http://www.egege.com.cn
), develops, markets and sells the mobile games
to local mobile network operators including China
Mobile. BIZ Outsourzing, Inc. also plans to distribute
mobile games from third parties and to develop
wireless applications across the mobile platform.
For more information please visit BIZ Outsourzing,
Inc.'s corporate website:
http://www.ChinaGameOne.com .
Safe Harbor
A number of statements referenced in this Press
Release, and in our website, are forward-looking
statements, which are made pursuant to the Safe
Harbor Provisions of the Private Securities Litigation
Reform Act of 1995, and within the meaning of
Section 27A of the Securities Act of 1933 and
Section 21B of the Exchange Act of 1934. Any statements
that express or involve discussions with respect
to predictions, expectations, beliefs, plans,
projections, objectives, and goals, assumption
of future events or performance are not statements
of historical fact and may be ''forward-looking
statements.'' Forward looking statements are based
on expectations, estimates and projections at
the time the statements are made that involve
a number of risks and uncertainties which could
cause actual results or events to differ materially
from those presently anticipated. Forward-looking
statements in this Release may be identified through
the use of words such as ''expects,'' ''will,''
''anticipates,'' ''estimates,'' ''believes,''
or statements indicating certain actions ''may,''
''could,'' or ''might'' occur. Such statements
reflect the current views of BIZ Outsourzing,
Inc. with respect to future events and are subject
to certain assumptions, including those described
in this release. These forward-looking statements
involve a number of risks and uncertainties, including
the timely development and market acceptance of
products, services, and technologies, competitive
market conditions, successful integration of acquisitions,
the ability to secure additional sources of financing,
the ability to reduce operating expenses, and
other factors. The actual results that the Company
achieves may differ materially from any forward-looking
statements due to such risks and uncertainties.
BIZ Outsourzing, Inc. does not undertake any responsibility
to update the ''forward-looking' statements contained
in this news release.
For more information, please contact:
Investor Relations Officer
Tel: +86-20-8556-8700
Email: ir@ChinaGameOne.com