China Adnet Enterprises, Inc. -- Name Change, Symbol Change and Reverse Stock Split
For Immediate Release New York, NY April 5, 2006 ¨C Baker Communications, Inc. (OTCPK: BAKR) announced today that it is changing its name to "China Adnet Enterprises, Inc." and will begin trading under the new trading symbol (OTCPK: CAEJ). In addition, the Company announced a 1:190 reverse split of its outstanding common shares. Both actions were approved by the Company's shareholders at a meeting held on February 22, 2006. About China Adnet Enterprises, Inc. Adnet International Limited, our subsidiary was established in February 2005 by offshore incorporation in the New Zealand jurisdiction of the Samoa Islands. The company¡¯s head office is registered in Hong Kong and conducts its primary business activities within China thru a direct control and managed subsidiary, Adnet International (China) Limited. Adnet is an emerging Chinese Internet media and services company providing value-added multimedia products and services. The company delivers its products and services to users in China primarily from a wholly owned Internet portal, www.2adnet.com and related websites managed exclusively by Adnet. The company¡¯s core business activities include online advertising and commercial business solutions and intends to be a leading Internet/IT development company dedicated to commercial online advertising and B2B services for small and medium Chinese enterprises. If you would like additional information on China Adnet Enterprises Inc., please view China Adnet Enterprises, Inc. at our website at www.china-adnet.com. To receive an Investor Kit or additional information for China Adnet Enterprises Inc. or to join the company¡¯s mailing list please contact Casey Chan, CEO at 86-0755-82921861 or by emailing investors@china-adnet.com. |