Internet Stock Guru****YNOT the question that is its own answer. This company is positioning itself to be the YAHOO of china. Think about the fact that FORLINK has the ability to deliver 10 times the current capacity of email accounts in china.
Read this and then come on in.
Tuesday November 23, 9:31 am Eastern Time
Company Press Release
Light Energy Management Inc. - Names board members, changes name, updates filing
GENEVA, Switzerland--(BUSINESS WIRE)--Nov. 23, 1999--In filings to the Secretary of State for Nevada, the Company is naming the following as new directors and executive officers - Zhao Xiaoxia (President), Che Liang (CEO, Treasurer), Zhang Jie (Secretary). The Company's new name is to be Forlink Software Corporation Inc. Following the transfer of ownership control to Chinese interests, these appointments now transfer full management control to the Company's Chinese entrepreneurs (former president Michael Harrop remains a director during the transition phase).
Forlink Software Corporation Inc. is based in Beijing. It is certified by the Office of Beijing City New Technology Development Experiment Zone as a New Technology Enterprise and enjoys special fiscal and administrative benefits. The Company is active in software distribution (via download or nationwide physical delivery), e-commerce, net information services and development of internet software and tools. Its software sales site softhouse.com.cn is a popular destination portal and auction site for Chinese computer users - both professionals and amateurs. The site provides software industry news, software introduction, software commentary and forum. The site sells over 7,000 software titles through online ordering and auction. Through the partnerships established with over 500 software makers, the company is able to provide almost all software titles that are sold in retail stores in China. Over 10,000 freeware products are available on the site for free downloading. The number of freeware products available increases by about 100 titles per day. The company's own-developed software includes For-Mail, a scalable messaging system that runs on UNIX or LINUX platforms. The system can be marketed as a small, medium, large or carrier scale email server system that can handle more than one million users. Besides being a SMTP and POP server, For-Mail also has a Web-Mail subsystem that allows users to complete their email operations on their browser. The system has been running successfully on the well-known mail.tohghua.com.cn, portal to provide free email service. Another own-developed software package is For-Business, a complete E-commerce and On-line shopping system that runs on UNIX or LINUX platforms. The system has been running on the Legend/Toshiba sites. The Company is starting to set up an export network to sell its own-developed software packages in the USA and Europe.
Mr. Zhao Xiaoxia has a Master's Degree in Computer Science, was Vice President and Chief Technical Officer of GBS InfoTech. Co. (a company owned by the Great Wall Computer Group Co., Beijing Telecom and Beijing Ping Cheng Jia Ye Electronic Corp. Ltd.), was in charge of Beijing Telecom 8188 ISP project (www.cj.net.cn ). Cooperating with the Great Wall Computer Group Co., he led the development of the China National Commodity Exchange Center (www.ccec.com.cn). The system is based on IBM RISC/6000, AIX and NetCommerce. He was Chief Engineer, Beijing Long Ma Software Development Co. Ltd. He led the development of Legend PDA network software. He was leading engineer in charge of Yahoo!Japan operation and support, and has worked with Panasonic, Microsoft and Lotus on search engines, and Reuters and Daily News on news page development. He was System Engineer with Japan's Itochu Group CRC Research Institute and developed the Itochu automobile export system and financial system. He was Project Manager, China Great Wall Computer Group Co. where he participated in the Great Wall Unix Chinese system development. Was in charge of Sco Xenix 2.2.1 - Sco Unix 3.2 Chinese system development.
Mr. Che Liang has a Master's Degree in Computer Science and was President, Shenzen Shen Pu Computer Co. Ltd. where he developed Shanghai's railway ticketing system, China's largest. He was Middle China/South West China District General Manager for Legend Advanced Systems Co., Ltd. which he co-founded in 1992 (in 1996, the company became the largest system integrator in China with revenue exceeding US$100 million a year). Prior to that he was in computer sales with Shenzen She Ge Computer Co.
Mr. Zhang Jie has a Master's Degree in Computer Science. He was Senior Engineer, South China Computer Co. in Charge of CEGA monitor card development. He was in charge of iron temperature control ASIC chip development and network design for networks composed of SUN, SGI, and CISCO equipment. From Feb. 1995 - Aug. 1996 he was in Japan to research international banking software system on Fujitsu's M series super computer. While in school, he participated in the development of the Chinese version of the Hua Sheng Operating System Shell. He also participated in the development of the Chinese version of Unix (a government funded national project).
Mr. Michael Harrop operates a private Geneva-based venture incubator active mostly in Europe and the USA. He was in DuPont's new products marketing team for 11 years and subsequently for the last 20 years has seed-financed and advised young companies. He was educated at Cambridge University and Paisley Polytechnic. He has been active in internet projects for several years.
Further to publishing its SEC 8-K filing on the above transaction, the Company will shortly be publishing updated 10-K and 10-Q filings.
NOTE: Statements herein contained that are not strictly historical are ''forward-looking'' statements within the meaning of Section 27A of the Securities Act of 1998, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based upon information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, the company's ability to continue to develop its market, general economic conditions and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Light Energy Management, Inc.
Michael Harrop, Director, Switzerland
Phone: 41 22 9000000
e-mail: mail@harrop.com
|
