press release of intent to merge for sifi and pacific e-link
Wednesday November 8, 6:00 am Eastern Time
Press Release
SOURCE: Pacific E-Link Corporation
via BCE Emergis e-News Services
Starbase-1.Com And Pacific E-Link To Join Forces
Las Vegas, Nevada
Starbase-1.com (NASDAQ: SIFI - news) www.starbase-1.com Pacific E-Link Corporation (CDNX: PLC)
www.pacific-e-link.com
Starbase-1.com Total Shares O/S 3,160,900 Pacific E-Link Corporation Total Shares O/S 22,112,155
Starbase-1.com (NASDAQ: SIFI - news) and Pacific E-Link Corporation (Canadian Venture Exchange: PLC) are pleased
to announce the signing of a non-binding letter of intent to explore a possible merger between the two companies.
Management believes that such a new, merged company would be better-positioned to capitalize on existing and potential
new opportunities for branding and marketing within the Pacific Rim Ad-Media sector.
In a joint statement, PLC president Peter Chau and SIFI president Gerald Levine said, ``The synergy between our companies
is largely a function of recent developments and long term trends in Pacific Rim Trade. In particular, the emerging Chinese
middle class is becoming brand-conscious. To state the obvious, this is a consumer market of unprecedented scale.''
It is anticipated that the united company would be in a better position to obtain exclusive licensing agreements for various
high-profile media products and marketing variants in the US, Canada, The Peoples Republic of China and other Pacific Rim
countries.
Pacific E-Link holds a 30% interest in Publicis Ad-Link, in partnership with Publicis, SA, the world's fifth-largest advertising
agency. Pacific E-Link has been active in Chinese advertising-media for more than a decade, and is currently expanding its
presence both within China and around the Pacific Rim.
A complete report and ongoing coverage on Pacific E-Link is available from: stocksjournal.com
Pacific E-Link maintains offices in Hong Kong, Beijing, Shanghai and Guangzhou, as well as in Vancouver, Canada. Through
its subsidiary holdings, The Company has agreements with the Chinese State Agency for Industry and Commerce (SAIC) to
support the development of China's rapidly-emerging Internet. Among other assets, the agreement gives The Company the
exclusive rights to publish, on the Internet, the Chinese national business and trade mark registeries. With its recent acquisition
of InLook Media, a China-based media/publishing conglomerate with multiple, high profile properties, a substantial client
network, and growing ad-revenue base, Pacific E-Link has taken an aggressive step in solidifying integrated Ad-Media,
publishing, broadcast, and Internet holdings in the high-potential Chinese market.
With an established presence within China, diverse contacts and noteworthy strategic partners, Pacific E-Link is uniquely
positioned to facilitate a growing range of communications and marketing clientele through an expanding advertising-media
infrastructure in Hong Kong, Shanghai, and Mainland China.
Starbase-1.com manufactures, markets and distributes licensed, themed gourmet food products under certain license
agreements with a major motion pictures studio. The license is for Canada and the US. The company also has two (2) retail
outlets in Kansas City, MO and Olathe, KS.
With China's acceptance into the World Trade Organization, Pacific-E-Link's strategic partnerships, and Starbase-1.com's
licensing and consumer-product infrastructures, the new company will hold a set of unique competencies and a distinct
advantage in cross-cultural marketing to a massive and growing consumer audience.
A complete report and ongoing coverage on Pacific E-Link is available from: stocksjournal.com
Contact: Starbase-1.com, Gerald Levine, President, 1 800 444-8845 Contact: Pacific E-Link Corporation, Peter Chau,
President, 1 888 560-2286
Pacific E-Link Corporation 860 Cordova St. West Vancouver, BC Canada V6C 1B6 604 687 3393
Starbase-1.com 3950 E. Patrick Lane Las Vegas, Nevada 89128 (877) BUY-TREK (702) 893-3343
This press release contains forward looking statements regarding the Companies' business strategy and future plans of
operation. Forward looking statements involve known and unknown risks and uncertainties. These and other important
factors, including those mentioned in various filings with the Securities and Exchange Commission made periodically by the
Companies (available to the public at www.sec.gov and in Canada at www.sedar.com), may cause actual results and
performance to differ materially from the future results expressed in or implied by such forward looking statements. The
forward looking statements contained in this press release speak only as of the date hereof and the Companies, disclaim any
obligation to provide public updates, revisions or amendments to any forward looking statements made herein to reflect
changes to the Companies' expectations of future events. |
