Brisbane, Mar 12, 2008 (ABN Newswire) - The Board of Byte Power Group Limited (ASX: BPG) provides the following update to the market on the group's e-Kiosk project in Chongqing City, China. This is a further update to the announcement dated 26 September 2007.
- 7 districts out of a total of 40 districts in Chongqing targeted for Approvals
- 100 site proposals submitted to Authorities of which 24 have already been approved.
- 19 e-Kiosks have been rolled out in three districts as at 12 March 2008
- 30 e-Kiosks completed and ready for deployment
- Software systems and Data Centre fully operational
- Operational e-Kiosks are generating revenues
e-Kiosk Roll-out
There are 19 e-Kiosks installed at key road junctions, major malls, plazas and train stations in Hechuan (4), Yubei (10) and Jiangjin Districts (5) which provide services to 1.5 Million residents in Hechuan, 1.45 Million in Jiangjin and 0.8 Million in Yubei.
Following the initial roll-out, Byte Power Chongqing is installing additional e-Kiosks to the approved sites in Yubei District. Additional sites have been submitted for approval in Hechuan and these will be rolled out once approval is received. Byte Power Chongqing, with the support of the local authorities, is working to identify suitable sites in Changshou, Jiulongpo and Fuling Districts.
Partnerships
Byte Power Chongqing is finalising a supply agreement with major beverage companies in Chongqing to provide beverages for all the e-Kiosks. Byte Power Chongqing is also close to finalising a partnership agreement with a telecommunication company.
Operational
Based on the feedback gained from the original sites, the e-Kiosk design has been updated to incorporate changes making the e-Kiosks easier to manage and maintain and lower the cost of production.
Operationally, the core system has been completed with the solution providing all the planned services and content via a dedicated network. Additional service opportunities have been identified as the project has developed and these have been included in the system. This includes the addition of e-ticketing hardware which is currently undergoing final testing prior to being rolled out.
Revenues
Revenue is now being realised from the operational e-Kiosks. As further e-Kiosks are rolled out and additional services are added, revenue will continue to grow. Revenues are currently being generated from the rental of the kiosks, advertising and commissions.
About BYTE POWER GROUP LIMITED
Byte Power Group Limited is a specialist provider of IT&T solutions to leading organisations in the SME, corporate and government sectors throughout Australia and China. The company provides turnkey solutions that support whole of enterprise requirements.
In China Byte Power is currently implementing a city wide e-Kiosk solution in Chongqing City. This Byte Power solution provides the general population convenient access to a range of on and off line services as well as enhancing the city's outlook. The Chongqing City e-Kiosk agreement allows for the development of up to 3,000 sites across Chongqing City.
Byte Power also provides specialist network solutions with the design, importation, distribution and maintenance of Uninterruptible Power Supplies (UPS) and the design and manufacture of the Mediator range of network, physical and environmental monitoring and management equipment.
Byte Powers' current clients include Boeing, the Department of Defence, Telstra, Mulpha Sanctuary Cove, the Economic Development Board of Singapore, Telekom Malaysia, PowerTel, Bovis Lend Lease, BHP BMA, Jabatan Kerja Raya (JRK) Malaysia, NSW Fire Brigade, Big W, Kmart, L'Oreal, Toys R Us, CSIRO, Nike Australia, Shell Company of Australia, Pioneer Australia, Revlon, CITEC, Bristol Myers, Metropolitan Fire Brigade, Queensland Performing Arts Complex and Glaxo.
Contact
Ethel Lau Company Secretary TEL: +61-7-3620-1688 FAX: +61-7-3620-1689
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