YLNE news:
Wednesday May 24, 8:10 am Eastern Time
Company Press Release
SOURCE: Youthline USA, Inc.
Youthline USA Enters Hong Kong and China With Its Innovative Subscription Based Internet Service
Company to Partner with Tengtu International Corp to Increase Education Offerings in Hong Kong and China
HOWELL, N.J., May 24 /PRNewswire/ -- Youthline USA, Inc., (OTC Bulletin Board: YLNE - news), a multimedia company that provides educational and entertainment products and services for today's youth, today announced that it will be extending its Internet service, youthline-usa.com to
China and Hong Kong.
In order to best service Hong Kong and Chinese schools, Youthline USA will join forces with Tengtu International Corp., which, through its various subsidiaries, develops and markets educational and entertainment multimedia, and it provides information technology infrastructure for China's national k-12 educational system.
Youthline USA has successfully implemented its subscription-based Internet service into school districts
across the United States. A subscription to youthline-usa.com offers students access to
daily news articles with accompanying curriculum-related activities, daily stock market tips and virtual stock market game, and limited email accounts for all users. Website subscribers also have access to Youthline USA's vast online archive databases that incorporates five years of Ingenius news and activities.
Commenting on the partnership with Tengtu, Saki Dodelson, President of Youthline USA, said: ``This relationship demonstrates that our service not only provides a valuable tool for educators in the United States, but can be used on a world-wide basis. We are extremely excited to be working with our first foreign partner and look forward to developing future foreign relations.''
Pak Cheung, CEO of Tengtu stated, ``Youthline USA's Internet service will bring added value to the infrastructure that we are already providing to the educational systems of China. This will be an important feature in helping upgrade the education system in China.''
YOUTHLINE USA provides value-added educational and entertainment multimedia products and services to meet the school, library, and home market needs. The company is currently building a unique, fun and productive Internet-based educational service for children, their teachers, parents, and librarians.
For the past two years, the core product offering of YOUTHLINE USA has been its weekly newspaper geared for children ages 8 to 13. The newspaper fosters reading, writing, and creative thinking by presenting the news in an age-appropriate and age-sensitive manner. Each issue consists of sixteen full-color pages of interesting and timely articles on a variety of topics, including world and
national news, sports, politics, economics, science, health, and computers -- always in an eye- and mind-catching manner. By covering both national and international news, the YOUTHLINE USA newspaper connects children across the nation, while simultaneously introducing them to different cultures around the world.
In addition to the 16 page national newspaper, four-page regionalized inserts are available with local political, sports, and human interest news. All inserts are full-color and afford the opportunity for local advertisers to reach local populations. Presently, Philadelphia has signed on for a regional insert.
Youthline-usa.com is an educationally oriented product offered to schools and individuals that reinforces academic skills by introducing news articles with accompanying activities, daily stock market tips and virtual stock market game, and email accounts for all users. Website subscribers also have access to Youthline USA's vast archive databases online that incorporates five years of Ingenius news and
activities. Schools in Washington, Chicago, Atlanta, and Tennessee have all signed on for this innovative, educational, and exciting new program.
Accompanying the daily website and the weekly newspaper is the Youthline USA Fun and Feature Magazine. This monthly magazine, which provides an in-depth exploration of a single topic, is designed to be collected and used by kids as references. Its eye-catching, exciting format, combined with its durability, make the magazine an ideal forum for advertisers who want to reach their market and stay
there.
Among YOUTHLINE USA's recent acquisitions are: Ingenius, a multi-media programming and news archive with a database consisting of 1,560 news stories; and LessonStop (http://www.lessonstop.org), a Website for innovative K-12 teachers to seek, share, and discuss ideas for classroom activities.
LessonStop develops Internet-based lesson plans on topics such as creative writing, studies in world cultures, science, and mathematics -- all for the entire K-12 range.
YOUTHLINE USA is a registered trademark of YOUTHLINE USA, Inc.
About Tengtu International Corp.
Tengtu International Corp., (OTC: TNTU - news) is a developer and distributor of multimedia educational and entertainment software and related services, operating through a joint venture and subsidiaries in Canada, Hong Kong, and the People's Republic of China.
The company's primary operating unit, Tengtu United Electronics Development Co. Ltd. (``Tengtu United''), is a 57% owned joint venture with Beijing Tengtu Culture & Education Development Co. Ltd., the Chinese state enterprise mandated to develop a comprehensive information technology solution for the national K-12 school system and to serve as the country's gateway for electronic publishing.
Tengtu United is owned by China's three largest computer companies, Legend Computer Group, Great Wall Computer Group, and Taiji Computer Corporation, and Chinese technology firm Beijing Oriental Lianfa Company Ltd. Its strategic partners include the China unit of Microsoft Corporation and the
People's Education Press, the sole source of materials authorized for use in Chinese schools.
Tengtu International's other units include wholly owned e-business portal e-bizTengtu.com, Inc.; wholly owned animation and television production studio TIC Beijing Digital Pictures Co., Ltd.; 61.3% owned software marketer Edsoft Platforms (Hong Kong) Ltd. and minority owned educational software developer Iconix International, Inc.
Statements under the Private Securities Litigation Reform Act: with the exception of the historical
information contained in this release, the matters described herein contain forward-looking statements
that involve risk and uncertainties that may individually or mutually impact the matters herein described,
including but not limited to product development and acceptance, manufacturing, competition, regulatory
and/or other factors, which are outside the control of the Company.
SOURCE: Youthline USA, Inc. |
