Added UTCC 18 3/4 on good news: (BSNS WIRE) YAHOO!Chinese On-Line Sponsorship Available Now From Ursus T YAHOO!Chinese On-Line Sponsorship Available Now From Ursus Telecom and Chineseinvestors.com; First Promotion of the Strategic On-Line Partnership Launches Today Business Editors/Technology Writers SUNRISE, Fla. & ARCADIA, Calif.--(BUSINESS WIRE)--Dec. 7, 1999-- Ursus Telecom Corporation (Nasdaq:UTCC) and Chineseinvestors.com, Inc. unveiled the first of their on-line sponsorships today on YAHOO!Chinese, www.chinese.yahoo.com, targeted at Chinese language markets throughout the world. The sponsorship is offering free trips to Asia, free calling cards, and other incentives to their YAHOO!Chinese visitors from Asia, the USA and around the globe, culminating in a Chinese New Year's prize giveaway in February, 2000. The rich real-time financial content of www.chineseinvestors.com and The Internet Phone Booth(TM) from www.theStream.com will be prominently featured throughout the joint promotion. "With a potential audience of hundreds of millions of viewers requiring services and information, Chinese language sites are among the fastest growing portals in the world." stated Jeffrey Chaskin, President of Ursus, "Together with Chineseinvestors.com," continued Chaskin, "we intend to reach this yet untapped market with promotional and incentive sponsorships which welcome Chinese speaking visitors in their own languages and cultures." The partnership expects to announce other portal affiliations where Chineseinvestors.com will be supplying news and real-time financial market content and theStream.com will be offering on-line communications and messaging services. "With both home page and text link promotions potentially delivering millions of impressions over the next three months, we believe Chinese investors around the world will realize the value that chineseinvestors.com and theStream.com can provide," stated Warren Wang, CEO of Chineseinvestors, Inc. Mr. Wang went on to say, " Within the next two months we will open our representative office in the financial center of Shanghai, which will serve Greater China. We believe the recent trade agreement between the U.S. and China will provide a tremendous opportunity for telecommunications companies like Ursus Telecom. We are pleased to be working with Ursus and look forward to building our relationship." ABOUT CHINESEINVESTORS.COM Chineseinvestors.com, Inc. is the publisher of Chineseinvestors.com and is a leading Chinese language web based provider of real-time financial market information. The company launched its web-based operations earlier this year, and is based in Arcadia, California. In addition to providing rich financial market content, it publishes original news stories and commentaries covering the global markets every business day supplied by its reporters around the world. With over 500,000 page views growing at 100% every month, Chineseinvestors.com plans to open overseas offices in Shanghai and in other countries around the world. ABOUT URSUS TELECOM Ursus Telecom Corporation is a global facilities-based telecommunications company that provides international services, including long distance, direct-dial, value-added and Internet-based services to more than 100,000 customers -- individuals, businesses and carriers -- worldwide. The Company operates directly and through a network of agents on five continents and over 45 countries that account for more than 80% of the World's International traffic. Ursus Telecom operates switching facilities and points of presence in Sunrise Florida, Frankfurt, Lima, Buenos Aires, Johannesburg and Tokyo. Ursus Telecom is the source of theSTREAM.com. Together with theSTREAM.com as the Company's global marketing and provisioning mechanism, Ursus believes it is well positioned to prosper in the next generation of services which combine the Internet, telephony, fax, data and video services into a single broadband platform offering a rich multi-media experience to its customers throughout the world. Statements in this news release that relate to future plans, financial results or projections, events or expected performance in future periods are forward-looking statements and fall within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While management wishes to provide readers with reasonable opinions and viewpoints with respect to the Company's progress, marketplace acceptance, business opportunities, and fiscal performance, such statements, opinions and viewpoints are forward-looking and involve risks and uncertainties, including risks of changing conditions in the overall economy, the capital markets, the computer and telecommunications industries, as well as risks of changing consumer demand and the success of the Company's business strategies and other factors detailed in the Company's annual and other reports filed with the Securities and Exchange Commission. --30--cp/mi* CONTACT: Ursus Telecom Corporation, Sunrise Jeffrey Chaskin, President Tel: 954.846.7887 jchaskin@ursustel.net or Continental Capital & Equity Corporation Michael Irving Tel: 407.682.2001, Irv@insidewallstreet.com or Chineseinvestors.com Inc. Clayton Miller, C.O.O. claytonmiller@chineseinvestors.com Tel 1.800.227.1982 www.chineseinvestors.com www.chineseinvestors.com/CI_eng KEYWORD: FLORIDA CALIFORNIA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: INTERNET TELECOMMUNICATIONS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |