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  • XcelMobility Inc. (XCLL) Announces Contract With ZTE To Introduce Wireless Products To Chinese Marketplace 5 comments
    Jan 30, 2012 6:01 PM

    XcelMobility Inc., a developer of high speed web browsing solutions and related performance enhancing products for mobile devices, today announced a contract with ZTE Corp. of China to install the Mach 5 Xcelerator on an initial run of 1 million wireless devices for China Unicom, third largest mobile provider in the world. The agreement is for ZTE to help introduce Xcel products to the Chinese market; if successful, projections are for installation of up to 30 million units per year.

    "This is an extraordinary opportunity to really fast-track the introduction of our products to an ever wider audience through the auspices of an exceptional global partner like ZTE. The culture at ZTE is based on innovation that responds to market drivers and this represents a tremendous opportunity for us to work with a partner with a similar outlook regarding the future of mobility. We anticipate very competitive consumer pricing and the public can expect product availability shortly," said Ryan Ge, CEO, XcelMobility Inc in a press statement.

    XcelMobility creates applications and solutions that deliver high speed internet access to cellular and smart phones, tablets, and mobile computers. Its flagship product, the Mach 5 Xcelerator, has been independently tested by some of the world's largest cellular carriers, including Nokia, Sony, China Unicom, NTT Docomo, and Ericsson. All have found that the Mach 5 software, either through a download or embedded by cellular manufacturers, provides 5 to 10 times faster speeds than standard mobile web browsers used for browsing, downloads, videos and email. Xcel Mobility uses patented software and algorithms to compress voice and data transmissions both on mobile devices and on servers strategically located throughout China, Japan, and Hong Kong. Presently, there are over 1.3 million users and the number is growing.

    Xcel believes that the Asia marketplace is the best option for focusing commercialization efforts prior to a product roll out on a global scale. ZTE Corp., China's largest publicly listed telecom equipment company, brings the industry's most comprehensive product range of end-to-end solutions and expertise in the telecommunications sector to over 500 operators in more than 140 countries around the globe.

    For more information on XcelMobility Inc, please visit www.xcelmobility.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

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Comments (5)
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  • The number of mobile devices growing faster than PC's and used for everything you can think of. Faster is what all would be looking for. If it starts moving I am in!
    18 Feb 2012, 05:36 AM Reply Like
  • better read their financials... could be broke by June.
    4 Apr 2012, 04:27 AM Reply Like
  • MissionIR is paid.
    I can find no news that doesn't come from a PR.

     

    The site doesn't appear to be taken care of the News link for
    Industry Links when clicked all links say not found.

     

    The Industry News section, has a total of two articles. Both were posted on the same day in 2011.
    5 Oct 2012, 08:21 PM Reply Like
  • Author’s reply » XCLL has never been a client of MissionIR. We regularly write about companies that have no ties to our company.
    8 Oct 2012, 09:17 AM Reply Like
  • MissionIR
    Accepting you were not paid. I can't say I'm impressed even if your not paid.
    Several were.
    I found this on Hotstocked

     

    One of The Latest Expensive Pumps - XcelMobility Inc (OTC:XCLL)
    by Kaloyan Gadzhev Nov 10, 2011

     

    XcelMobility Inc (OTC:XCLL, XCLL message board) is one of the latest hits on the OTCBB. A number of promoters were paid to draw attention to the newcomer, and pump up its share price. The aggregate budget for the effort seems to be half a million dollars.

     

    Yesterday XCLL closed down 2.06% at $0.95 on approximately 327 thousand shares. However, the stock traded higher throughout the day. This far today, XCLL has added another 5 cents.

     

    The aforementioned $500 thousand were paid to Capital Financial Market (CFM), but some of it will go towards the promotional effort and CFM will get what's left. Different newsletters were paid different amounts.

     

    Some of them have published an advertisement saying XCLL is giving you a chance for "an easy 409% profit." However, traders and potential investors should do their due diligence.

     

    XCLL's business is conducted through CC Mobility and CC Power, a Hong Kong and a PRC company respectively. An 8-K form filed by XCLL explains the relations between the companies. Prior to a share transaction XCLL was a shell.

     

    The same 8-K provides some information about the performance of CC Power. It turns out that the company hasn't turned a profit in the first half of 2011, and the revenues for the period are $39 thousand. This was a 9.67% decrease compared to the same period of 2010. The decrease was "primarily due to decrease in revenue from our Internet accelerator software."

     

    As a whole, the financial situation of the company at that time was not very promising. This doesn't mean it couldn't theoretically what the tout e-mails suggest one day, but traders should have a look at the numbers before they do something rash and lose a lot of money.
    8 Oct 2012, 09:16 PM Reply Like
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