Wednesday January 24, 5:12 am Eastern Time
Press Release
Skyhub Asia Holdings Signs Distribution Agreement With ImaginOn Hong Kong Joint Venture
Companies now working together to develop and distribute broadband streaming and multimedia Web CD applications throughout the Asia-Pacific region
DENVER--(BUSINESS WIRE)--Jan. 24, 2001-- Skyhub Asia Holdings Limited (Skyhub Asia, www.skyhubasia.com), a subsidiary of eVision USA.Com, Inc. (eVision, www.evisionusa.com, OTCBB:EVIS), is pleased to announce that it has entered into an agreement with ImaginOn, Inc.'s (www.imaginon.com, Nasdaq:IMON) Hong Kong joint venture partner ImaginOn HK (www.imaginon.com.hk).
Under the terms of the agreement, both companies will develop and distribute a wide array of customized interactive streaming multimedia applications throughout the Pan-Asian region.
``Skyhub Asia is a major regional Internet Service Provider that is aggressively building its base of customers among schools, residential and commercial building contractors, general businesses, and government agencies that want high speed Internet access,'' ImaginOn, Inc. Chief Executive Officer, David Schwartz, said today. ``From their two headquarters in Hong Kong and Singapore, they are quickly establishing themselves as a new-generation ISP, installing network infrastructure and developing content, in addition to providing broadband Internet access over a combination of local leased lines and satellite downlinks.''
According to ImaginOn HK Vice President, Mr. Boris Tam, the joint venture with Skyhub Asia is called ``OnMedia21 Ltd.'' and involves marketing the full range of ImaginOn's technology and commercial products.
Skyhub Asia is a provider of affordable high-speed Internet access, in conjunction with valuable content and advanced communication services, via satellite, to corporations and individuals throughout Asia. Skyhub Asia is currently in discussions with other strategic partners with the main objective of providing comprehensive services to their customers.
eVision is an integrated online solutions provider with consolidated subsidiaries and significant equity investments operating within four distinct divisions: eFinance, eServices, eCommunications and eMedical.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.
If you would like to receive press releases via email, please contact us at ir@evisionusa.com.
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Contact:
eVision USA.Com, Inc., Denver
Investor Relations Department, 303/860-6388
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