Trading Relations Between China and America
OAKLAND, Calif.--(BUSINESS WIRE)--March 17, 2000--DigiScents' co-founder and CEO, Joel Bellenson, states, "The establishment of Permanent Normal Trading Relations (PNTR) between China and America is a matter of global significance.
"The Internet is one of the most powerful enablements of human communication, redefining every industry and every country, and spiraling billions of people into a new global discourse and multicultural metropolis."
Bellenson continues, "Just as we want our cities to be united for all of its inhabitants, we must approve PNTR so that a quarter of the world's people can have access to all the benefits of the global infrastructure, significant parts of which are being originated in the United States. Our company, DigiScents, although founded in the U.S., took the unorthodox step, two and a half months ago, of receiving an equity investment from Pacific Century CyberWorks based in the Chinese SAR of Hong Kong. We did this as part of our mission to enable global and historical understanding by restoring to humanity's communication and entertainment repertoire the sense of smell."
DISCLAIMER: This quote does not represent the opinion or views of Pacific Century CyberWorks (PCCW) nor did PCCW read or approve the quote prior to its transmission over the wire.
About DigiScents, Inc.
DigiScents is partnering with leading web sites and interactive media companies to scent-enable the Internet. With DigiScents(TM) Digital Scent Technology, consumers will be able to enjoy more lifelike and memorable experiences with scented Web sites, e-mail, movies, music, e-commerce, interactive games, and online advertising.
In October 1999, DigiScents first announced its complete solution for digitizing and broadcasting scents over the Internet. Through its partnership with RealNetworks (Nasdaq:RNWK), DigiScents ScentStream(TM) software will be auto-downloaded to almost 100 million RealPlayer users. Through its partnership with Hong Kong-listed Pacific Century CyberWorks (PCCW; HKSE:1186), DigiScents technology will be available across all of the Asia-Pacific via NOW, PCCW's enormous Internet, e-commerce, and interactive television network.
DigiScents is a privately held corporation located in Oakland. The company was founded in February 1999 by Dexster Smith and Joel Bellenson. Bellenson and Smith also founded DoubleTwist (www.doubletwist.com), formerly Pangea Systems Inc., the world's leading biotechnology company.
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