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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (22423)11/3/1999 3:05:00 AM
From: Frederick Langford  Read Replies (1) | Respond to of 108040
 
More HRCT: (BSNS WIRE) Hartcourt CEO to Speak On the Future of Wireless ISP in China
Hartcourt CEO to Speak On the Future of Wireless ISP in China


Business & Technology Editors

LOS ANGELES--(BUSINESS WIRE)--Nov. 2, 1999--The Hartcourt
Companies, Inc. (OTC:HRCT) today announced that its Chairman and CEO
Dr. Alan V. Phan will be the main speaker at two receptions held in
Frankfurt, Germany and Vienna, Austria.
The subject will be the current situation of China Internet, and
the application of wireless technology to speed up the connections and
the ISP market.
The first seminar will be held at the Sheraton Congress Hotel in
Frankfurt on Tuesday, Nov. 8 at 7 p.m. and the other at the Hilton
Hotel in Vienna on Thursday, Nov. 11, also at 7 p.m. For reservations,
contact Frank Scheunert, Phone: 49-211-210-8970, Fax: 49-211-8600-111.
Last Monday, Hartcourt announced that it had signed a Joint
Venture Agreement with Innostar of Beijing to launch a national
wireless ISP and IP Phone services, using the bi-directional Ku bands
of a Chinese satellite for high-speed connectivity. Innostar has been
operating an IP Phone network in Beijing for the last 14 months.
On Saturday, Hartcourt announced that it had received government
approval on its Joint Venture with UAC Online Stock Trading Inc. of
China. The Business License and Certificate of Investment were issued
to the JV company. UAC operates the only E-trading in China,
connecting investors with brokerage offices via an intranet owned by
China Telecoms.
For recent news and other information, visit the Hartcourt Web
site: www.hartcourt.com.

Certain statements in this news release may constitute
"forward-looking" statements within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements
involve risks, uncertainties and other factors that may cause the
actual results, performance or achievement expressed or implied by
such forward-looking statements to differ materially from the
forward-looking statements.

--30--ECQ/la* MW/la

CONTACT: The Hartcourt Companies, Inc., Los Angeles
Dr. Alan V. Phan, 562/426-9796

KEYWORD: CALIFORNIA INTERNATIONAL ASIA PACIFIC EUROPE
INDUSTRY KEYWORD: INTERNET TELECOMMUNICATIONS

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