GEOASIA (OTC:GOAE) Internet and A-Net Banking. Undiscoved Message Board

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Technology Stocks : GEOASIA (OTC:GOAE) Internet and A-Net Banking. Undiscoved

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To: David Wideman who wrote (7)	4/28/1997 10:48:00 AM
From: Samuel Bolles	of 18

GEOASIA ENTERPRISES LTD signs plan of merger agreement with ORION Technologies Inc. ALEXANDRIA, Va.--(BUSINESS WIRE)--April 28, 1997-- Geoasia Enterprises Ltd, announced Monday that it has signed an agreement and plan of merger with ORION Technologies Inc. of Richmond, British Columbia. The plan of merger is subject to the approval of the shareholders of both companies. The effective date of the merger is expected to be early June. ORION Technologies Inc. operates an Extranet called GlobalDEN. It will serve as the switching and processing platform for private Internet networks, also known as Intranets, for electronic commerce. Orion is currently building and will soon operate A-Net, an Intranet owned by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) to provide Electronic Data Interchange (EDI) and Electronic Financial Services (EFS). A-Net will provide EDI and EFS to 79 member banks of ADFIAP that span 33 Asia Pacific countries. GEOASIA ENTERPRISES LTD trades OTC with a symbol of "GOAE"

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