Business Services Industry
Concept Industries Announces License To Market E-Commerce Business To Business Software For China
Business Wire, Jan 18, 2000
Business Editors
VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 18, 2000
(CDNX:CEU) (OTC Bulletin Board:CPIXF)
Concept Industries Inc. (the "Company") reports that the company is currently in negotiations with a Canadian e-commerce software developer to become the exclusive licensee and distributor for its highly comprehensive on-line business-to-business software solutions in the People's Republic of China ("China"). This software has been developed in alliance with an American-based company that is one of the largest IT companies in the world.
Related Results
Management is leaving today to meet with the IT company's Hong Kong office to discuss an arrangement for the development of the e-commerce business-to-business software solutions for Chinese applications and ongoing customer services support. The Company's plan is to implement this on-line software solution as part of the Internet initiatives with its paging joint venture in Shandong as well as with the recently announced China IDC project. After concluding meetings in Hong Kong, Management will travel to Beijing and Shandong for further discussions. Further details will be provided upon Management's return from China.
CONCEPT INDUSTRIES INC. William Jung, President
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor provisions of these sections. Actual results may differ materially from the expectations and estimates of the Company.
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