| An SI Board Since February 2004 |
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INTN |
| Emcee:
pezz
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I post this news story as it says all that must be said about this company.
HONG KONG, Jan. 20 /PRNewswire-FirstCall/ -- INTAC International, Inc. (Nasdaq: INTN - News; FSE: WKN 805768) today announced that Beijing Intac Purun Educational Development Ltd. ("Intac Purun"), its joint venture with China Putian Corporation ("Putian") and China's Ministry of Education ("MOE"), has been exclusively selected by the Education Management Information Center ("EMIC"), a department under China's Education Ministry, to establish and operate the "Career Service Center" for Chinese students. The Career Service Center will provide Chinese students exclusively with a full-range of career development services, which will assist these students in finding jobs and managing their careers.
Initially, Intac Purun will launch a job information subscription service on its Internet portal www.IntacPurun.com . This service will provide subscribers with daily job information and open positions on their mobile phone through text messaging. Intac Purun's sophisticated database software will match open positions with eligible candidates, who will receive an individual entry code to Intac Purun's website where they will find the individually offered job. In the future, the Internet portal will also provide various paid services, including online career assessments and career development counseling, to Chinese students. In addition, the Internet portal will enable hiring companies to perform comprehensive background checks on their prospective employment candidates.
To further develop the already existing exclusive student database of more than 3.3 million graduates, Intac Purun has also been authorized to establish local career service centers to work closely with provincial education authorities. Under the direction of these local career service centers and education authorities, universities and schools will be responsible for collecting and authenticating their complete student information for Intac Purun and for encouraging students to subscribe to these services. The services offered by Intac Purun are expected to attract Chinese students because these services are sanctioned by the MOE through the Career Service Center.
Using the exclusive and MOE authenticated information on college graduates and students, Intac Purun believes its comprehensive student background check service will be extremely valuable to corporations that cannot validate candidates' background and credentials otherwise. Also, since Intac Purun is the exclusive representative of the Career Service Center, many companies are expected to be eager to cooperate with Intac Purun either to search for talent or to market themselves to college students. Intac Purun also plans to support corporations in listing their jobs and helping them in locating employees with specific skill-sets.
In order to create the most comprehensive database of job opportunities for college graduates and students, Intac Purun has also obtained the complete database of government job openings through the EMIC. This database is being kept up to date by this same departmental agency.
"INTAC is very pleased that Intac Purun was selected as the sole operator of the Career Service Center for Chinese students," said Wei Zhou, Chairman and CEO of INTAC. "This exclusive partnership bears tremendous business potential for Intac Purun and will help Chinese students to realize their career aspirations."
Now there is many a slip between the cup and the lip but what we have here is a potential Chinese "Monster .com" that has for all intensive purposes been granted a monopoly by the Chinese Gov, This is the driver of the stocks price. NASDAQ listed as INTN
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