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Microcap & Penny Stocks : WaveRider WAVC NASDAQ ISP Wide Area Wireless Internet

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To: Jimfmc who wrote (1476)	3/27/2000 11:59:00 PM
From: Chisy	of 1848

Here is much better news: China News! GOLDEN FORTUNE ANNOUNCES MOU FOR Contact: James Tong NEW CHINA ISP WIRELESS NETWORK Company: Golden Fortune Investments Limited Symbol: Canadian Venture Exchange: GFX March 28, 2000 - Vancouver, BC. Golden Fortune Investments Limited a publicly traded company on the Canadian Venture Exchange: GFX) is pleased to announce that it has entered into a Memorandum of Understanding (MOU) with Laikeman Industry and Trade Company Limited of Nanjing, China to establish a joint venture partnership that will develop a network of Wireless Internet Service Providers (ISP) in major cities in China. The first deployment of a Wireless ISP will be in Nanjing, a city with a population in excess of 6 million potential subscribers. China is the world?s fastest growing Internet market with more Chinese "going on line" every day than in any other country. With a population of over 1.3 billion people, China is rapidly becoming a major participant in the World Wide Web with tremendous e-commerce potential. A cornerstone of Web connectivity enhances technologies such as fiber optics, cable, satellite link ups, enhanced copper wire connections and wireless hook ups. Golden Fortune focuses on Wireless Web Technologies and will supply Laikeman with a key component of Internet connectivity in China including WaveRider Communications Inc.?s (OTCBB:WAVC) Last Mile Solutionƒ (LMS) family of wireless Internet access products. WaveRider?s LMS wireless modems provide high-speed wireless Internet access at data rates up to 11 Mbps. At present, Internet access speeds in China are slow by North American and European Standards with frequent dial-up delays and bottlenecks. WaveRider?s wireless technology will enable ISP?s to provide direct high-speed access to the Internet and rapidly overcome the current limitations caused by lack of a traditional wired infrastructure. James Tong, President of Golden Fortune Investments stated " We believe the Laikeman MOU gives us further penetration into the China ISP market and provides an opportunity to expand upon our current manufacturing of wireless products in Nanjing. Through these partnerships we are positioning Golden Fortune to emerge as the Wireless Technology leader in China. Laikeman will be a strong local partner and provide an important distribution capability in major cities." Golden Fortune Investment Limited (GFX.V) is a diversified company with interests in technology licensing agreements, and other investment holdings including mining. The company's primary objective is to create business opportunities in China. For further information regarding Golden Fortune Investments Limited and its ongoing corporate direction, Please call toll free 1-877 688-2623 E-mail: info@gfil.com or visit our web site: www.gfil.com On behalf of the Board of Directors, James Tong, President

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