OTCBB: TAKDF News Release
CALGARY, March 5 /CNW/ - TransAKT Ltd. (OTCBB: TAKDF, "TransAKT"), a
global Voice over Internet Protocol ("VoIP") hardware and network provider for
commercial and residential user, today reported that unaudited net revenues
for Taiwan Halee International Co. Ltd ("HTT"), a wholly owned subsidiary of
the Company acquired in November 2006, reached US$1.25 million ($35.4 million
Taiwanese Dollars) for January 2007.
"This is a very prosperous start, for the year. HTT's sales continue to
grow, resulting in stable cash flow for TransAKT's operations. The Company is
delivering on its business plan and positive sales momentum early in the year
leads us to expect very good results for 2007," said James Wu, President of
The Company's plans for 2007 include recruitment of a new engineering
team in China, the launch of new products, an international marketing campaign
and alliances to strengthen the North American and Asian markets, and to make
improvements in its capital structure. The management team believes that this
will be a profitable year for the Company.
TransAKT Ltd. is a global Voice over Internet Protocol ("VoIP") hardware
and network provider for commercial and residential users. The Company's
global corporate management team is based in Calgary and Taipei. Taiwan Halee
International Co. Ltd. ("HTT") is a wholly owned subsidiary of TransAKT Ltd.
The Company trades in the U.S. as an OTCBB foreign corporation listing under
the ticker TAKDF.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, including, but not limited to, statements
regarding the Company's beliefs about the HTT and its sales prospects, and
regarding TransAKT's ongoing ability to attract and acquire further
These forward-looking statements involve certain risks and uncertainties
that could cause actual results to differ, including but not limited to, our
limited operating history and history of losses, and our inability to compete
effectively in the marketplace, and such other risks as identified in
documents filed with the Securities and Exchange Commission. All
forward-looking statements in this press release are based on information
available to us as of the date hereof, and we undertake no obligation to
update forward-looking statements to reflect events or circumstances occurring
after the date of this press release.
For further information:
For further information: James Wu, President, (403) 290-1744; Email: