Business Services Industry
eVision USA.Com, Inc.'s Majority Owned Company, Skyhub Asia Co. Ltd., Enters into a Partnership Agreement with Shun Shing IT.com Ltd
Business Wire, July 28, 2000
Business Editors
DENVER--(BUSINESS WIRE)--July 28, 2000
Agreement is For the Provision and Distribution of Broadband
Internet Services in Bangladesh
Skyhub Asia Co. Ltd. (Skyhub Asia, www.skyhubasia.com), a majority owned company of eVision USA.Com, Inc. (eVision, www.evisionusa.com) (OTCBB: EVIS), is pleased to announce that it has entered into a partnership agreement with Shun Shing IT.com Ltd.(TM) (Shun Shing IT, www.shunshingit.com) for the provision and distribution of broadband Internet services in Bangladesh. Shun Shing IT specializes in business software and Internet application development. Earlier this year, Shun Shing IT set up an Internet infrastructure company, Neksus.com, to facilitate Internet development in Bangladesh.
"There are approximately 120 million people in Bangladesh, of which 2%, in the middle to high income group, represent the potential target market for Skyhub Asia and Shun Shing IT. This deal signifies not only additional geographical market coverage for Skyhub Asia, but also represents our commitment to assist in the progress of developing nations. With partnerships in Mongolia and Pakistan and points of presence in Singapore, Indonesia and Hong Kong, we have achieved our geographical objectives in Phase 1 of our business plan," stated Edward Chan, Managing Director of Skyhub Asia.
Skyhub Asia is a provider of affordable high-speed Internet access, in conjunction with valuable content and advanced communication services, via satellite, to corporations and individuals throughout Asia. Skyhub Asia is currently in discussions with other strategic partners with the main objective of providing comprehensive services to their customers. eVision is an integrated online solutions provider with consolidated subsidiaries and significant equity investments operating within five distinct divisions: eFinance, eServices, eCommunications, eInformation, and eMedical.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. If you would like to receive press releases via email, please contact us at ir@evisionusa.com.
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