CEU - China pager and emerging IDC Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CEU - China pager and emerging IDC

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Fairchild who wrote ()	6/14/2000 11:46:00 AM
From: Robert Dydo	Read Replies (1) of 26

Wednesday June 14, 10:07 am Eastern Time Company Press Release Concept and Sun Microsystems, Inc. Presents Internet Solutions in China VANCOUVER, B.C.--(BUSINESS WIRE)--June 14, 2000--Concept Industries Inc. (the ``Company'') (CDNX:CEU - news) is pleased to announce that the presentation on the Internet Data Center (``IDC'') project to Jitong Telecommunications Ltd. (``Jitong'') has been confirmed for June 15 in Beijing. The presentation will be made in cooperation with the Hong Kong and Beijing divisions of Sun Microsystems, Ltd. (``Sun''). Sun is a multi-billion-dollar leading edge Internet technology company that offers Net-based products, technologies and services. Senior management left for Hong Kong over the weekend to meet with Sun personnel and to finalize preparation for the important event. Management has signed a Memorandum with the Beijing branch of Jitong to establish a joint venture to develop and operate IDCs in the People's Republic of China (``China''). Jitong is a major Internet service company that operates one of only two commercial Internet backbone systems in China. IDCs are effective large scale Internet server hosting facilities that offer complete e-business solutions that include bandwidth, monitoring and support services. Internet facilities and support services will be in great demand due to the anticipated explosive growth in China for Internet and related e-commerce activities. The Company's current activity in China also includes a paging joint venture (``Contour'') that operates paging systems in 13 cities in Shandong province and is the second largest paging network in the province with 375,000 subscribers. Contour recently reached an agreement to form an alliance with another Beijing-based Company to be an Internet Service Provider and to offer two-way wireless messaging and long distance calling via the Internet, (VoiP). This new alliance and the Jitong IDC project will enable the Company to extend its Chinese telecommunications and Internet operations significantly in China. CONCEPT INDUSTRIES INC. Michael Ginn, Director

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next