Hi-Tech Wealth (HITW.OB) Provides Business Update
Hi-Tech Wealth Inc. (HITW.OB), one of the leading Chinese consumer sales and marketing company's that are engaged in both the development and distribution of digital devices, provided a business update regarding the launch of their Solar Mobile Phone in China earlier today. According to Dr. ZhengYu Zhang, Chief Executive Officer of Hi-Tech Wealth, "In the third quarter of 2007, we delayed shipment of approximately 30,000 Solar Mobile Phone units of the 50,000 we had expected to ship in order to make manufacturing improvements and in anticipation of our next generation version, the 4500, which we expect to commence shipping in…