This is the year old PR.Symbol changed to FHTV. Now for 30 days, FHTVE :-)
2 April 1999
FISHER TELEVISION IN JOINT VENTURE WITH CHINA NATIONAL FOREIGN TRADE CORP
MACAU, China, April 2 /PRNewswire-AsiaNet/ -- FISHER TELEVISION COMPANY, Inc. (OTC Bulletin Board: SGYT) announced today that it has entered into a Letter of Intent agreement with QVC, Inc. to add QVC to the FISHER TELEVISION COMPANY programming lineup in 1999.
FISHER TELEVISION COMPANY is the China's leading direct broadcast satellite service with more than 25.1 million subscribers.
QVC is the world's preeminent electronic retailer marketing a wide variety of brand name products in such categories as home furnishing, licensed products, fashion and beauty, electronics and fine jewelry.
FISHER TELEVISION COMPANY additionally has signed a joint venture agreement with China National Commercial Foreign Trade Corporation (CCFT) last week in Beijing a state-owned foreign trade enterprise directly trades the Ministry of Internal Trade.
"This joint venture will allow FISHER TELEVISION COMPANY access to products inside China and as well as all the 48 countries or regions which China National has established business relations," said William Fisher, President.
QVC will automatically be added to six FISHER TELEVISION COMPANY programming packages in the last quarter of 1999.
"QVC is recognized nationwide for its innovative programs and products and the addition of QVC to FISHER TELEVISION COMPANY programming packages truly enhances the value of our lineup," said William Fisher, President.
"FISHER TELEVISION COMPANY subscribers will soon be able to experience QVC products and enjoy the shopping convenience offered by the FISHER TELEVISION COMPANY network."
FISHER TELEVISION COMPANY trades on the NASDAQ electronic BB under the symbol (SGYT).
For more information please contact: Vanessa Tarn, 853-711-123, Public Relations, Macau, China OR James Young, or Steve Nocito, 212-308-5361
SOURCE FISHER TELEVISION COMPANY, Inc.
CONTACT : VANESSA TARN, 853-711-123, PUBLIC : RELATIONS, MACAU, CHINA, OR JAMES : YOUNG, OR STEVE NOCITO, 212-308-5361, : ALL FOR FISHER TELEVISION COMPANY, : INC. DATE OF RELEASE : APRIL 2, 1999 RELEASED BY BERNAMA PRWIRE MALAYSIA*GLOBAL |
