To: WhatsUpWithThat who wrote (408 ) 5/31/2000 12:35:00 AM From: keith massey Read Replies (2) | Respond to of 960
Capital Alliance Group Inc - SE Global Equities Company Limited Development VANCOUVER, May 30 /CNW/ - Capital Alliance Group Inc. is pleased to announce a number of significant developments with its subsidiary, SE Global Equities Company Limited(``SEG''). The SEG web site is in the final stages of preparation and is now undergoing rigorous testing before its public launch. There are presently three separate teams focused on the development of the site - Excel from Hong Kong, Irix from Vancouver, and SEG's own technicians. SEG expects to soft launch its site immediately following approval from these groups. Mr. Toby Chu (SEG's President and CEO) states that ``We have been thrilled with what has been developed to date and I am eager to launch the site to the public. With this launch and what we have planned, investors will be able to take advantage of new investment opportunities from emerging markets that were either previously unavailable to them or were prohibitively expensive.'' SEG intends to achieve rapid market expansion through extensive use of diverse media including television, magazines, in-flight videos on regional & international airlines, and collaboration with high-traffic Internet portal sites. As part of this plan to create awareness of this site around the world, SEG has already made initial commitments with CNN and CNBC and other prominent International media companies. A preview of three of SEG's dynamic 15 to 30 second TV commercials, which will be aired via the CNN and CNBC networks around the world, can be seen at: www.SEGlobal.com. In keeping with its commitment to being a leading financial portal for investors, SEG will also be offering its visitors access to a data feed of global news and stock information encompassing 43 countries and covering over 55 stock exchanges. This data will be provided as a result of a recently signed agreement with Reuters News Agency - one of the leading financial news information providers in the world. In addition to the signed agreements covering 9 Stock Markets in 8 Countries, SEG is in active negotiations with leading brokerage firms in Singapore, Greece, Austria, Netherlands, France, Pakistan, Karachi, Australia, New Zealand, Japan, Korea, Taiwan, Sir Lanka, Israel, and the United Arab Emirates. Within the next few weeks, SEG expects to announce the successful culmination of negotiations with several leading brokerage firms. These agreements will significantly expand SEG's global reach. To build on the relationships SEG has already made in Europe, SEG has now established an office in Paris, France. This office will be responsible for both expanding the company's broker partners and managing its European operations. With the opening of this European office, SEG's parent company - Capital Alliance Group Inc., through its subsidiaries, now have offices in Beijing & Hong Kong -China, Bangkok - Thailand, Paris - France, and Vancouver - Canada. The company also has representatives working on its behalf in both the Philippines and in Dubai - United Arab Emirates. About SEG - SEGlobal.com is a premier financial Internet portal which enables investors to trade on-line, 24 hours a day, at discounted rates in stock exchanges around the globe. SEG's goal is to build a network of over 100 reputable brokerage firms which will provide investors with direct access to companies trading on over 50 of the world's established and emerging stock exchanges. In order to assist investors, SEG will provide detailed information about these countries, local business news, corporate announcements, and original research from participating brokerage firms. SEG plans to eventually offer investors access to other financial products such as futures, options, and currency exchange services. In addition, SEG will be establishing a global merchant-banking portal whereby its partner brokers will be introduced to each other to create an international network. This network will serve as a conduit to solicit interest for Initial Public Offerings from around the world.