New York, NY - (NewMediaWire) - September 21, 2021 - AdvanceTC
Ltd (NSX:A88)(OTCQB:ATCLF) (‘AdvanceTC’ or the ‘Company’) is pleased to announce
that it received orders for 4,000 phones. The orders are comprised of 2,000
units of Xplore X7U DMR and 2,000 units of Xplore X7U DMR with Satellite
Messaging.
The Company anticipates the
shipment of these 4,000 units to reach Regional Marketing Arms (RMA’s)
customers within December 2021. AdvanceTC has been requested to increase its
production capacity and is glad to inform that it will be able to double its
production in the month of December 2021 to 8,000 units to meet the anticipated
demand from the RMA’s and their customers. The Company is able to continue to
further increase its production capacity in coming months as the demand grows.
Following the successful
production of their first satellite messaging smartphone Xplore X7 in 2019,
AdvanceTC extends its leadership in delivering leading-edge technology to the
mass market with this latest offering.
“This milestone demonstrates our
leadership in advanced communication technology. We will continue our
efforts to innovate and provide differentiated solutions to our customers,”
said CP Loi, Chief Executive Officer of AdvanceTC Ltd.
About AdvanceTC Limited
AdvanceTC is a premier company
specializing in the design, development and commercialization of high tech
mobile wireless computing and telecommunication devices since 2005. AdvanceTC
W3, a full Windows® OS microcomputer integrated with cellular telephony capabilities
and the Xplore X7 the world’s first android smartphone with satellite messaging
and emergency service, fully designed and developed using its own patented
proprietary technology and engineering innovation.
Follow us on our social
media accounts:
https://twitter.com/advancetc_ltd
https://www.instagram.com/advancetc_ltd/
https://www.linkedin.com/company/advancetc/
https://www.facebook.com/advancetcltd/
For further information
please contact:
Name: CP Loi / Chief Executive
Officer
Email: loicp@advancetc.com
Website: www.advancetc.com
Forward-Looking Information
This news release contains
forward-looking statements relating to the Proposed Transaction, and the future
potential of AdvanceTC. Forward-looking statements are often identified by
terms such as "will", "may", "should", "intends",
"anticipates", "expects", "plans" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. These risks and uncertainties include, without limitation, the
risk that the Proposed Transaction will not be completed due to, among other
things, failure to execute definitive documentation, failure to complete
satisfactory due diligence, failure to receive the approval of the NSX and the
risk that AdvanceTC will not be successful due to, among other things, general
risks relating to the mobile application industry, failure of AdvanceTC to gain
market acceptance and potential challenges to the intellectual property
utilized in AdvanceTC. There can be no assurance that any forward-looking
statements will prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
The Company cannot guarantee that
any forward-looking statement will materialize and the reader is cautioned not
to place undue reliance on any forward-looking information. Such information,
although considered reasonable by management at the time of preparation, may
prove to be incorrect and actual results may differ materially from those
anticipated. Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement. The forward-looking
statements contained in this news release are made as of the date of this news
release and the Company will only update or revise publicly any of the included
forward-looking statements as expressly required by securities laws.