BOCA RATON, Fla.--(BUSINESS WIRE)--China Voice Holding Corporation (CHVC) (OTC:CHVC), announced today that its China subsidiary, Beijing CandidSoft Technology Co. Ltd. (CandidSoft), had successfully completed the development of their Carrier Grade, fully featured VoIP switching platform and integration into the Company’s patented SKY O/A Office Automation System. To assist with the development project, the Company contracted Beihang University (BUAA), one of China's leading research universities.
The SKY O/A Softswitch platform supports converged communications services by integrating SS7 telephone signaling with packet networks and replaces a third party hardware-based switch. The technology features Class 5 functions and was designed with emphasis on a high degree of scalability to support the large number of voice and data “seats” called for in contracts previously announced. Candidsoft has successfully deployed the integrated solution during the initial phase of their contract with the Chinese Navigation Affair Administration Bureau.
CHVC’s President and CEO, Bill Burbank said, “By developing our own softswitch, CHVC is not only in a much better position to keep the competition out but has also eliminated a very substantial licensing and hardware cost in deploying our Government Contracts. As previously announced, CHVC is currently installing 103,000 initial contracted telephony seats. The third party licensing cost savings will amount to $55 per seat, or over $5,000,000 additional to the bottom line on just those contracts.”
CandidSoft CEO and CHVC President of Asian Operations, Xing Chunlin commented, "The Sky O/A voice and data solution now uses technology that we own in every aspect of its services. With over one million Office Automation users currently on our SKY O/A platform, and contracts for hundreds of thousands of seats that include telephone services, it's essential that we have full control and ownership of the technology. This enables us to properly support our customers and guarantee the highest standards. In addition, by contracting BUAA, the most prestigious engineering university in China, we feel that we have jointly developed one of the most advanced switching platforms available in the World.”
CandidSoft is an international software company based in the Zhong-Guan-Cun Science and Technology Park in Beijing, China. CandidSoft has used local expertise to research, develop, and establish information and communication platforms for business and government applications. CandidSoft uses “SKY O/A” as the product trademark and separates products into three general categories: O/A Cooperative Office Solutions, O/A Integrated Office Solutions, and O/A Unified Processing Solutions. The Company provides office automation and integration services to government, academic and commercial customers and has developed China’s first patented Office Automation application, in large part guided by the needs of Chinese Government Agencies. This platform was designed for flexibility and may be easily modified or extended to meet the specific needs of each Chinese Government Agency or Large Enterprise Company. SKY O/A™ uses a web-based technology and allows multiple workers to collaborate on a single project. The SKY O/A™ Office Automation platform currently supports over one million users within China.
China Voice Holding Corp. ("CHVC") is a U.S. public holding company headquartered in South Florida with a portfolio of next-generation communications products and services doing business in the People's Republic of China and the U.S. Through its subsidiaries, the Company provides Voice over Internet Protocol ("VoIP") telephone services, office automation, wireless broadband, unified messaging, video conferencing, mobility services and other advanced voice and data services in China where the Company has obtained full legal status as a licensed telecommunications company. The Chinese telecommunications market is the largest and fastest growing in the world. CHVC's focus is on providing its innovative and patented voice and data solutions to government agencies and large enterprises in China. China Voice Holding Corp. trades Over-the-Counter and is listed in the Pink Sheets under the symbol "CHVC". Upon obtaining audits of prior fiscal years, the Company plans to file with the Securities & Exchange Commission ("SEC") to become a full-reporting company in 2008 at which time it will apply for a listing on the NASDAQ or the AMEX. Prior to the filing of periodic reports to the SEC, the Company is providing publicly-available financial statements and other current information at the pinksheets.com website. Additional information may be found at www.chvc.com.