Alpha Spacecom, Inc. Creates Four New Operational Divisions to Control Explosive Growth
07 Février 2005 - 3:15PM
PR Newswire (US)
Alpha Spacecom, Inc. Creates Four New Operational Divisions to
Control Explosive Growth Entertainment & Digital Conversion
Company Sees Need for Additional Staff to Provide Expanded Services
HONG KONG and LOS ANGELES, Feb. 7 /PRNewswire-FirstCall/ -- Alpha
Spacecom, Inc. (OTC:ASPC) (BULLETIN BOARD: ASPC) , today announced
that it has created four new operational divisions: Spectrum
Digital Cinema Company, China Cinema Development Company,
Hemisphere Entertainment Group, China, and World Satellite Link
Communications Corp., to manage and control the Company's rapid
expansion. Alpha Spacecom Chairman, Fung T. Sien, pointed out, "We
distribute international entertainment in China via satellite, and
are contracted to convert a large number of movie theatres in China
to digital mode. We have a growing need for financial experts,
communications specialists, content producers, technical
specialists, and support staff for our workforce to service our
subscriber base and to satisfy the demands of our governmental and
non-governmental contracts." Alpha Spacecom tests, acquires, and
installs conversion equipment from the United States, Europe and
Asia. In addition, the Company distributes films, theater, live
music and sporting events through its entertainment division.
According to China Digital Film Company, China will overtake the
United States in the number of digital theatres by the end of 2005,
with more than 150 digital cinemas in China projected. The number
of digital cinemas in the country is expected to reach 1,000 within
a few years. About Alpha Spacecom, Inc. Alpha Spacecom, Inc. is a
registered United States (Colorado) corporation traded on the
(OTC:ASPC) (BULLETIN BOARD: ASPC) . Alpha Spacecom is engaged in
the research and development of technology and systems conversions
related to the reconstruction and digital conversion of movie
theaters and multi-cinema complexes and the satellite distribution
of entertainment media (film, theater, live music and sporting
events) in China. (http://www.alphaspacecom.com/). Except for
historical information contained herein, the matters set forth in
this press release, such as statements relating to the Company's
ability to drive technological developments and the acceptance and
timing of entertainment systems, conversion and programming
introductions, are forward-looking statements that are subject to
risks and uncertainties, including timely development and
acceptance of new systems technologies, theater conversions and
satellite linked communications. Contact: John Santoyo Investor
Relations 213-426-3206 213-426-3207 Los Angeles, California, USA
DATASOURCE: Alpha Spacecom, Inc. CONTACT: John Santoyo, Investor
Relations of Alpha Spacecom, Inc., +1-213-426-3206,
+1-213-426-3207, Web site: http://www.alphaspacecom.com/
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