eduverse.com and SINA.com to Deliver English-as-a-Second Language Content for Chinese Americans
Business Editors/Technology Writers
RENO, Nev.--(BUSINESS WIRE)--May 25, 2000--eduverse.com(TM) (OTCBB:EDUV), a leading English as a Second Language online educational publisher, today announced that it has signed an agreement with SINA.com (Nasdaq:SINA), a leading Internet destination for Chinese communities worldwide, to provide co-branded educational content for distribution on SINA.com.
As of April 2000, SINA.com enjoyed an average daily pageview of over 24 million and a registered user-base of 5 million from websites in China, Hong Kong, Taiwan and North America.
eduverse's educational product will be available to SINA.com's audiences in North America on a co-branded Chinese site under SINA.com's Living Channel at living.sina.com. Advertising banners displaying "freeENGLISH" will appear on SINA.com's home page and on the Living Channel, living.sina.com, to announce the new content.
"SINA.com's knowledge and commitment to the global Chinese market have translated into clear leadership in the Chinese Internet space," explained Mark E. Bruk, President and CEO of eduverse.com. "eduverse.com has always viewed the Chinese community as a strategic component of the company's global success. Our partnership with SINA.com gives eduverse.com and its products enormous exposure in the rapidly expanding Asian marketplace."
"eduverse.com will surely be welcomed by SINA.com users, many of whom are immigrants and overseas students from China who would be eager to perfect their English," said Hurst Lin, U.S. General Manager and Vice President of Business Development at SINA.com. "Together with eduverse.com, SINA.com is tailoring its services to fit the needs of a rapidly expanding Chinese online community."
About SINA.com
SINA.com is a leading Internet destination network for Chinese communities worldwide, offering on-line news, entertainment, community and commerce. SINA.com offers a Chinese-language network of four localized web sites that are produced and updated daily by local teams in China, Hong Kong, Taiwan and North America. Voted number one by China Internet users in both the July 1999 and January 2000 semi-annual surveys conducted by the China Internet Network Information Centre, or CNNIC, SINA.com is a popular full service media company for the world's largest population group. As of April 2000, SINA.com had over 24 million average daily page views and 5 million registered users.
To learn more about SINA.com, please visit the company's corporate site at www.sina.com/corp, or regional sites at www.sina.com, www.sina.com.cn, www.sina.com.hk, www.sina.com.tw.
About eduverse.com
eduverse.com is a provider of superior quality online educational programs for use in school systems around the world. With proprietary technology, eduverse.com has developed a revenue model that allows corporations to place their advertisements in front of select student audiences. The Company also makes its educational products available from its global web site at www.freeENGLISH.com. eduverse.com is based in Reno, Nevada. For more information on the Company, call 604/623-4864 or visit the Company's corporate web site at www.eduverse.com or email info@eduverse.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Some information included in this press release contains statements that are forward-looking. Such forward-looking information involves significant risks and uncertainties that could affect anticipated results in the future and, accordingly, these results may differ materially from those expressed in any forward-looking statements made by or on behalf of the company. For a description of additional risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.
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