BEIJING, June 24 /PRNewswire-FirstCall/ - RMD Entertainment Group (RMDM; http://www.rmdmgroup.com) and its China based subsidiary Innotrek Technology Co. Ltd. (http://www.innotrek.com/) announce, that the company started cooperation with the government of Gujiao City, Shanxi Province. The company intends to improve the management of the local transportation hub.
Gujiao City is the largest and the most important production base of coking coal in China, and a successful coal transportation management has always been the top priority with the local governance. Even with the input of manpower and resources towards the coal industry in the city increases annually, the hub often encounters coordination problems (vehicle qualification, management, weighing and overloads' management) connected with the lack of high-tech solutions.
Innotrek proposed a plan to supply the government with a new management system for transportation of coking coal. The company introduced new integration sensor system that will support the coal transportation management system, including the high-tech solutions such as handheld terminals, vehicle detection systems and databases. Innotrek's system will solve technical and operational problems, and settle the chronic problem of management for the local government and increase revenues for the government and Innotrek.
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Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of RMD Entertainment Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RMD Entertainment Group cautions you that any forward-looking information provided by or on behalf of RMD Entertainment Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RMD Entertainment Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RMD Entertainment Group's control. In addition to those discussed in RMD Entertainment Group's press releases, public filings, and statements by RMD Entertainment Group's management, including, but not limited to, RMD Entertainment Group's estimate of the sufficiency of its existing capital resources, RMD Entertainment Group's ability to raise additional capital to fund future operations, RMD Entertainment Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RMD Entertainment Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RMD Entertainment Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
SOURCE RMD Entertainment Group