XcelMobility, Inc. (XCLL) and ZTE Corp. Negotiating Second Supply Contract Agreement
XcelMobility, a developer of high-speed Web browsing solutions and related performance enhancing products for mobile devices, today announced the progress of its negotiations with telecommunications company ZTE Corp. regarding an exclusive agreement to introduce Xcel's flagship Mach 5 Xcelerator to the growing mobility market in Indonesia. The company says the current plan is to create a rapid entry into the market and to boost marketing efforts as quickly as possible by proposing an initial product run of an estimated minimum order of at least 100,000 USB mobility devices. ZTE is a global provider and original equipment manufacturer (OEM) of telecommunications…