KDnuggets : News : 2007 : n16 : item36 < PREVIOUS | NEXT >

Briefs

Data Mining Business Drives Revenue for Jingwei International in China

SHENZHEN, China--(BUSINESS WIRE)--Jingwei International Limited (OTC Bulletin Board: JNGW.OB) (“Jingwei”) today announced financial results for the three month and six month period ending June 30, 2007

Regis Kwong, Chief Executive Officer of Jingwei International, stated, "We are very pleased with our strong performance in the first six months of 2007, which reflects momentum in our data mining platform as well as continued growth in our software services business. Our new business of marketing mobile phone products through SMS greatly contributed to our revenue growth as we helped our client sell over 70,000 mobile phones per month. We also began to offer new services with potential incremental revenue opportunity, such as the missed call notification service."

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For the three months ended June 30, 2007, gross margin related to data mining revenue was approximately 75% ...

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KDnuggets : News : 2007 : n16 : item36 < PREVIOUS | NEXT >

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