(EMAILWIRE.COM, June 10, 2008 ) TORONTO -- Orbit E-Commerce Inc. (OTCBB: OECI) ("Orbit" or the "Company"), is pleased to announce that Mr. Simon Mou has joined PureNet.TV Hong Kong Limited as president. Mr. Mou has over 10 years of corporate and Banking experience in North American where he recently held a senior management position with a leading international financial institution. Mr. Mou has extensive experience in corporate finance, accounting, financial advisory, lending and corporate relations. He has developed relationships throughout Asia with a specific focus on China. Mr. Mou is a Chinese national who is fluent in Mandarin, Cantonese, Hubei and English. Mr. Mou’s responsibilities will be to manage PureNet.TV’s Internet Protocol Television (“IPTV”) operations in Beijiing China.
Douglas C. Lloyd, President and CEO of OECI, stated, " We are fortunate to have an experienced indiviual like Mr. Mou lead our team in China wherein we are proceeding with our previously announced business plans to bring IPTV technology to China. “
“I am very pleased to assume this role and help build a strong executive team in China to manage OECI’s IPTV business in China, says Simon Mou.” "Orbit E-Commerce is an exciting and growing international company. The Company is poised to become a leading player in the IPTV market in China and I'm looking forward to playing a major part in OECI’s future and driving this company to new heights."
As set out in previous news releases, the company and its management have been working on the implementation of IPTV products and services to subscribers in major cities across China. PureNet.TV Hong Kong Limited has offices located in Hong Kong and Bejiing, China.
About OECI
Orbit E-Commerce Inc. was established in 2000 for the purpose of
capitalizing on management's vision and expertise in the field of Internet
Protocol (IP)-based communications systems, products, and services. OECI
is dedicated to extending its communications vision and expertise into the
market for IPTV video/internet services, which is poised to experience rapid growth.
For more information about OECI, see the Company's web site:
www.orbitecommerce.com .
SAFE HARBOR
This document contains forward-looking statements as defined by the
federal securities laws which are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may discuss our future expectations, contain
projections of our future results of operations or of our financial
position, or state other forward-looking information. However, there may
be events in the future that we are not able to accurately predict or
control.
Forward-looking statements are only predictions that relate to future
events or our future performance and are subject to substantial known and
unknown risks, uncertainties, assumptions, and other factors that may
cause actual results, outcomes, levels of activity, performance,
developments, or achievements to be materially different from any future
results, outcomes, levels of activity, performance, developments, or
achievements expressed, anticipated, or implied by these forward-looking
statements. As a result, we cannot guarantee future results, outcomes,
levels of activity, performance, developments, or achievements, and there
can be no assurance that our expectations, intentions, anticipations,
beliefs, or projections will result or be achieved or accomplished. In
summary, you should not place undue reliance on any forward-looking
statements
Contact Information
Contact Mr. John Neufeld, (jneufeld@purenet.tv), 905-751-1499 for information regarding this press release.
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