CRKT .72/.79..this from 10q filed Nov:
Computer Heat Dispersion Systems
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We have recently developed improved technology for our electrical cooling
systems. Since March 2003, we have increased shipments of our cooling systems to
major computer manufacturers. We believe that the industry trend is toward the
manufacture of smaller laptop and desktop personal computers with larger memory
capability and faster central processing unit speeds. Along with this growing
trend, we expect an increase in the need for smaller and more effective cooling
components and systems.
Currently, we are participating in the development of high-end
nano-technology which uses a special semiconductor alloy to cool computer
systems more quickly and efficiently. Management believes that this technology
could replace all current cooling exchange units which are traditionally fan
engine based units. This new product, if and when complete, could enable a
reduction in the general use of more expensive heat resistant computer parts by
computer manufacturers, as well as eliminate fan engine noise and reduce cooling
component size by half of its current norm.
PR last week:
COMTEX) B: Cirmaker Forges Strategic Relationship With Hicom Industrial T
Market its Set Top Boxes For Digital TV Reception in
B: Cirmaker Forges Strategic Relationship With Hicom Industrial To Market its Se
Top Boxes For Digital TV Reception in China
NEW YORK, Jan 13, 2004 /PRNewswire-FirstCall via Comtex/ -- Cirmaker Technology
Corp. (OTC Bulletin Board: CRKT.OB), which manufactures set top boxes for the
digital TV market, cooling systems for personal computers and electrical parts,
today announced that it has formed a strategic relationship with Hicom
Industrial Co., Ltd., a leading supplier to the Chinese television broadcasting
industry, to market its set top boxes for digital TV reception in 12 provinces
of China and the city of Shanghai.
Hicom has already started testing sample set top boxes in the major cities in
five provinces and Cirmaker is expecting feedback from these tests in the first
quarter of 2004.
Founded in 1995, Hicom Industrial was the first company to market imported
telecommunication equipment to Chinese TV broadcasting authorities. It is one of
the few companies that has the capability and relationships with the appropriate
Chinese government officials to supply high-value equipment. It currently
supplies equipment for government-owned TV broadcasting stations nationwide.
Chairman Bill Liao of Cirmaker Technology said, "With its eight years of
experience with Chinese broadcasting government officials, Hicom Industrial is
the ideal partner to market Cirmaker's set top boxes in China. Hicom Industrial
has the seasoned marketers to introduce our technology into these provinces
rapidly."
"The Chinese are eager to access digital television," he added. "However, most
Chinese have analog TVs and are unable to receive digital signals. Our set top
boxes have the capability of converting digital signals so that they can be
accessed using an analog television. We believe that we are the only company
that can offer affordably priced equipment for the average family in the Chinese
market today."
Liao concluded, "Indeed, engineers in the cities of Huangshi and Shiyan in Hubei
Province, in the central region of China, have said that Cirmaker's set top box
is the best they have seen so far with the most comprehensive functionality and
the most competitive price."
Chairman Gaochuan Cai of Hicom Industrial said, "With Cirmaker's technology and
our marketing reach, we expect to be able to deliver as many as 2 million set
top boxes into the Chinese market during 2004."
Cirmaker Technology manufactures 3G MHP (3rd generation multimedia home
platform) digital set top boxes for television sets. Its set top boxes convert
digital television broadcast signals into analog formats so that analog TV sets
can receive digital programming. The system also receives, processes, stores and
broadcasts analog, digital and streaming media signals, and supports
pay-per-view and video-on-demand functions. Cirmaker believes it is the only 3G
MHP STB manufacturer operating in China capable of producing in volume a device
that meets all the required standards of Chinese broadcasting authorities. It
also complies with all international HDTV standards for high definition
television.
About Cirmaker Technology Corp.
Headquartered in Taiwan with offices in New York City, Beijing, and Guangdong
province, Cirmaker Technology manufactures cooling systems for laptop and
personal computers, electrical and electronic components and 3G MHP (3rd
generation multimedia home platform) digital set top boxes for television sets.
Cirmaker has developed set top boxes that convert digital television broadcast
signals into analog formats so that analog TV sets can receive digital
programming. The system also receives, processes, stores and broadcasts analog,
digital and streaming media signals, and supports pay-per- view and
video-on-demand functions. Cirmaker believes it is the only 3G MHP STB
manufacturer operating in China able to produce in volume a device that meets
all the required standards of Chinese broadcasting authorities. It also complies
with all international HDTV standards for high definition television. About
Hicom Industrial Co., Ltd., Shenzhen, ChinaFounded in 1995, Hicom, one of the
largest suppliers of telecommunication equipment in China. Hicom is well known
in the Chinese broadcasting television industry and has excellent cooperative
relationships with central, provincial and municipal TV stations. Hicom has
numerous long-term and stable authorized distributors nationwide and therefore
has comprehensive marketing networks across China. Hicom is also the authorized
distributor in China of several internationally known brands such as Fuji, Sony
and Panasonic. The Company has the right to trade directly with foreign
countries. As a result, Hicom can provide the channel for foreign commodities to
enter directly into the Chinese market. In 2003, its revenue exceeded US$15
million.
Forward Looking Statements |
