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

To: Bryan who wrote (29572)	11/18/1999 9:23:00 AM
From: Dustin	Respond to of 108040

ZNDT just started to move in pre market 10 11/16 x 10 17/32 edit: 11 1/4 x 11 5/16

To: Bryan who wrote (29572)	11/18/1999 9:27:00 AM
From: DO$Kapital	Respond to of 108040

Agree on CNQR...buying RNBO for continuing China craze.... CHART looks good.... Rainbow Technologies Forms New Joint Venture in China Business Wire - November 08, 1999 08:45 IRVINE, Calif.--(BUSINESS WIRE)--Nov. 8, 1999-- New Rainbow Goldensoft Co. Ltd. to Lead the Software Security, Internet Security and E-Commerce Solutions Market in China Rainbow Technologies, Inc. (Nasdaq:RNBO), a leading provider of high-performance security solutions for the Internet and e-commerce, today announced a new joint venture with China's leading software security company, Goldensoft Co. Ltd of Beijing, China to provide a channel for domestic and international companies to market their software in China while minimizing the risk of software piracy. The new entity, Rainbow Goldensoft Co. Ltd., holds an estimated 80 percent share of China's software security market and is also well-positioned to secure a dominant position in China's e-business marketing, providing secure e-commerce solutions for domestic and international business. Rainbow Technologies is the majority shareholder in the new joint venture. "Rainbow's excellent reputation as a technological innovator in the software security industry and its expertise in applying these technologies to meet business needs made them our partner of choice," said George Chen, president of Goldensoft Co., Ltd. "We anticipate that China will become the world's largest market for IT products and services in the next five years. Our partnership with Rainbow well positions Rainbow Goldensoft to be a major provider of security solutions for this rapidly growing market and will create great value for customers in China." "Over the past three years, we have successfully positioned Rainbow as the best software security solution in China. This venture with Goldensoft will further extend our strong foothold in one of the world's most important emerging markets," said Humphrey Chan, Director of Asia/Pacific, Rainbow Technologies. "Our objective is to capture the local expertise and innovative abilities of Goldensoft, and combine it with our technical expertise as a leading provider of Internet security solutions. We believe our venture will make a significant contribution to the future of China's Internet market." In addition to software security solutions, Rainbow Goldensoft will also market world-class Internet authentication products such as iKey, online software distribution solutions such as SentinelLM and SentinelExpress, and Web server acceleration products, including CryptoSwift, as China continues to build and expand its Internet infrastructure. According to the China Internet Network Information Center (CNNIC, June 1999), there are four million registered Internet users. The number of users in China is expected to double annually and will exceed 50 million by 2003. About Goldensoft Co., Ltd. Founded in 1994, Goldensoft Co., Ltd. is the largest software security provider in China holding a more than 50 percent market share. The company is located in the center of China's "Silicon Valley," the Beijing Haidian high technology area. The company has offices in Shanghai and Shenzhen, in addition to Beijing, and 14 distributors. Goldensoft has more than 6,000 customers in China. The Goldensoft web site can be reached at goldensoft.com.cn. About Rainbow Technologies Founded in 1984, Rainbow Technologies is a leader in applying security-related technology to solve business needs. Rainbow applies its core technology to a variety of Internet applications -- from securing software, to the acceleration of secure communication for e-commerce and Virtual Private Networks (VPNs). Rainbow's products include secure Web server and VPN acceleration boards, anti-piracy and Internet software distribution solutions, software metering and management tools, voice, data and satellite security systems, as well as USB-ba