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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Eric L who wrote (19687)	2/28/2002 10:58:43 AM
From: Caxton Rhodes	Respond to of 197270

Cell-Loc Chongqing JV Gets Formal Chinese Govt OK DOW JONES NEWSWIRES CALGARY -- The Chinese Government Chongqing Bureau of the Ministry of Foreign Trade and Economic Cooperation has formally approved the establishment of Cell-Loc Inc.'s (T.CLQ) Chinese joint venture, Chongqing Cell-Loc Wireless Location Ltd. In a news release, Cell-Loc said Chongqing Cell-Loc is "well positioned to provide technology to wireless carriers that in turn adds location sensitivity to their service offering without having to make any changes to legacy handsets." Cell-Loc said the new company will develop and make its Cellocate CDMA cell phone location equipment for worldwide markets, with an initial focus on China. As reported, Cell-Loc owns 35% of the new company, Chongqing Jinmei Communications Co. owns 53% and A-INFO Electronic Technology Group Inc. owns 12%. Cell-Loc is a wireless location company. Company Web Site: cell-loc.com -Judy McKinnon, Dow Jones Newswires; 416-306-2100 Updated February 28, 2002 7:21 a.m. EST