New York, NY - 
(NewMediaWire) - August 19, 2021 - AdvanceTC
Ltd (NSX:A88)(OTCQB:ATCLF) (‘AdvanceTC’ or the ‘Company’), finalized its global
distribution appointments to support continued growth and a commitment to
future customers. The Company announced the appointment of four Regional
Marketing Arms in its strategy to expand the distribution of its new satellite
devices to the global market.
AdvanceTC has historically been
able to identify an isolated market, innovate and successfully launch a unique
product whilst protecting its patent by using local manufacturing and assembly
strategies.
In 2012, AdvanceTC was the
world’s first company to successfully launch a mobile communications device. The
Magic W3 is a 4.8" Windows®7 full OS touchscreen microcomputer with voice
call functionality. The Magic W3 provides true windowed multitasking,
multimedia entertainment, social network connectivity, navigation capability,
voice telephony, and the full internet experience.
In 2018 the Company has presented
to the world a first of its kind satellite-smartphone device named Xplore X7
which includes satellite messaging and emergency services, provides 8 band 4G
connectivity and Satellite Messaging connectivity via satellite network. In
2019, AdvanceTC received authorization by the United States Federal
Communications Commission (FCC) for the Xplore X7.
AdvanceTC’s team is currently in
the completion stage of its new generation smartphone X7U, which is scheduled
to launch within this year with strong support from its investors. AdvanceTC
devices are manufactured and assembled in Malaysia and France and the Company
has been planning to move parts on that value chain potentially to the
USA. Design, specifications and multi-mode communications channel
integrations will be one of the strongest points of the X7U and since it is a
smartphone it has a very distinctive look compared to other satellite phones.
The Regional Marketing Arms will
cover sales representation, technical and supply chain services. They will
act as the sales support team to the various worldwide distributors.
Below is the details of each
Regional Marketing Arms and their Regions/Territories of control.
Regional Marketing
Arm Region/Territory
of Control
1. AdvanceTC Group Sdn
Bhd
The Middle East / Africa
2. AdvanceTC Marketing Sdn
Bhd
Asia & Pacific
3. LT
International
USA / Canada / South America
4. Alameda Square Cap Spain
Europe
CP Loi, CEO of AdvanceTC, said,
“Our product has been doing very well in Malaysia and we have been waiting for
the right time and the right people to launch it worldwide."
"We are looking to launch
the product worldwide within the year and will look at both greenfield as well
as partnership entry strategies,” he added.
Interested Country Distributor
can contact the Company by writing in to distributor@advancetc.com to state
their interests to take up Distributorship of their territory. Once relevant
information is provided through the official email, the related Regional
Marketing Arm will make the necessary follow up contact and arrangements.
The Basic Information Required in
the Enquiry email shall include the following:
1.
Country of Interest to Distribute
2.
Contact Information (Contact person Full Name/Title/Email/Phone/Company
information)
The Company will continue to
update its progress as of when new information is made available to the
Company.
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.
