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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Golf Pro6 who wrote (59945)	8/23/2000 7:29:11 PM
From: DanWebzster	Read Replies (1) \| Respond to of 150070

Also, its my understanding that the Senate will be addressing trade issues with China after Labor Day. We might a few pops in China-related stocks in the next few weeks.

To: Golf Pro6 who wrote (59945)	10/9/2000 2:03:05 AM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

TNTU you still have this Golfer? Just noticed this news from last week. Tengtu International in New Pact With PRC Education Ministry Will Bill Agency Directly for 5,000-School Software Purchase TORONTO--(BUSINESS WIRE)--Oct. 5, 2000--Tengtu International Corp. (OTCBB: TNTU - news) today clarified and characterized its new agreement under which the Ministry of Education of the People's Republic of China will purchase software for use in 5,000 schools as a marketing break-through for the company. Tengtu will bill the purchase directly to the Ministry rather than to the schools individually. The agreement was reported on September 28 in the Tengtu 10-K filing, but without details disclosed here for the first time. Tengtu International Chairman and CEO Pak K. Cheung said that direct billing of the Microsoft (NASDAQ: MSFT - news)-based software purchase by the Ministry of Education would generate one of the largest sales in the history of the company. ``Much more important,'' he explained, ``tens of thousands of individual school systems could be galvanized by this act of the Ministry at its highest level to speed up their own orders for installation of our software products. It is impossible to overestimate the value of this official endorsement. We believe that it sends a clear signal to educators that they cannot be criticized for buying products that the Ministry itself has tested, found appropriate and purchased in huge quantities.'' In order to expedite its established projects on ``Relief to Disadvantaged Regions,'' ``Contemporary Distance Learning'' and ``Information Technology Education'', the PRC Ministry of Education has selected MS Windows 98 (Chinese edition) and MS Office 2000 (Chinese edition) software, both distributed by Tengtu. Once these desktop operating and application systems have been installed, along with MS SBS4.5 for the backbone servers, Tengtu will offer its own proprietary educational software to the schools. Tengtu will work with Microsoft and Legend Group (which operates authorized Microsoft Training Centers) in teacher training and research and development of more teaching application products for elementary and secondary schools. About Tengtu International Corp. Tengtu International Corp. 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. (``Tengtu China''), 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 China is owned by three of China's 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 (Nasdaq: MSFT - news) 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 44% owned educational software developer Iconix International, Inc. Note: This press release for Tengtu International Corp. may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, regarding events, conditions and financial trends that may affect the company's operating results and financial position. Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual events or results may differ from the company's expectations, which are subject to various risks and uncertainties, some of which are listed in the company's SEC filings. This press release was prepared by The Cavior Organization, Inc., a public relations firm, based on information supplied by its client, Tengtu International Corp. The information contained herein is believed to be reliable, but has not been independently verified by The Cavior Organization, Inc. None of the information contained in this press release should be construed as an offer to buy or sell securities, either directly or indirectly. The Cavior Organization, Inc. or its officers or employees may from time to time acquire, hold or sell a position in the securities of Tengtu International Corp. Neither Tengtu International Corp. nor The Cavior Organization, Inc. undertakes any obligation to publicly release revisions to these forward-looking statements, which may reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. -------------------------------------------------------------------------------- Contact: Tengtu, Toronto Pak K. Cheung, Chairman & CEO, 604/438-9729 or The Cavior Organization, New York Warren J.Cavior, 212/687-6070 caviorg@aol.com