Exhibit 99.1
Distribution
Agreement
This Agreement is entered into this 15
th day of March, 2007
BETWEEN
(1)
INNOCOM TECHNOLOGY HOLDINGS LIMITED
(“Innocom”), a limited liability company organized and
existing under the laws of the British Virgin Islands with its
principal offices located at Room 3506, 35th Floor, Bank of America
Tower, 12 Harcourt Road, Central, Hong Kong;
and
(2)
SHANGHAI BODA ELECTRONICS CO., LTD.
(“BODA”), a limited liability company organized and
existing under the laws of The People’s Republic of China
(“PRC”) with its principal offices located at 20/F.,
Zhongda Square, 989 Dongfang Road, Pudong, Shanghai, The
People’s Repulic of China.
Whereas:
(A)
BODA has developed a
mobile phone which incorporates the analogue television function
(“TV Mobile Phone”).
(B)
BODA has agreed to
appoint Innocom as the exclusive distributor for the TV Mobile
Phone for the overseas market.
(C)
Innocom has agreed to
distribute the TV Mobile Phone to the overseas market.
NOW, THEREFORE, through friendly
consultation, the two parties agree to reach and carry out in
compliance with the following terms and conditions:
1.
BODA appoints Innocom as the exclusive
dist