APAC agrees to 11 city Internet joint venture.VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Nov. 8, 1996-- APAC APAC Australian Partnership for Advanced Computing APAC Agricultural Policy Analysis Center APAC Asia and Pacific APAC Asian Pacific American Coalition APAC Adapted Physical Activity Council (American Alliance for Health) Telecommunications Corporation (VSE See DOS/VSE. VSE - Virtual Storage Extended APA (All Points Addressable) Refers to an array (bitmapped screen, matrix, etc.) in which all bits or cells can be individually manipulated. APA - Application Portability Architecture .) The Company is pleased to announce that it has signed a Letter of Intent with its Chinese partner Renda and HUA Noun 1. HUA - an Islamic fundamentalist group in Pakistan that fought the Soviet Union in Afghanistan in the 1980s; now operates as a terrorist organization primarily in Kashmir and seeks Kashmir's accession by Pakistan NENG TECHNOLOGY DEVELOPMENT CORPORATION to design, finance, build and operate a computerised information network which will include the provision of INTERNET SERVICE. Hua Neng, a US$100,000,000 diversified corporation, has interests in every major infrastructure project in China. Its relationships within the central government are at the highest level and as such the Ministry of Post and Telecommunications (MPT MPT Maryland Public Television MPT Modern Portfolio Theory (investing) MPT Ministry of Posts and Telecommunications MPT Message-Passing Toolkit MPT Master of Physical Therapy MPT Mitochondrial Permeability Transition ) has given Hua Neng a 25 year mandate to "set up and operate a computerized information network by utilizing the public telecommunications network." (approval (95)12,13)). "I am very encouraged that we have been able to partner with an organization of the influence and size of Hua Neng. There are significant technical advantages for APAC to couple its national messaging strategy with the provision of INTERNET service. APAC is already operating in Beijing, Shanghai, Guangzhou, and Shenzhen which are the first four MTA's scheduled for implementation. Our technical teams have completed the initial design and budgeting process in anticipation of signing a formal contract within 60 days," said Garry Milligan, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . He continued "Our partners will be responsible for maintaining all approvals, licenses and relationships essential for the implementation of the business including equipment procurement and importation." APAC Telecommunications Corporation designs and installs paging and cellular communication systems for strategic partners in the People's Republic of China. CONTACT: APAC Telecommunications Corporation Garry Milligan, 604/681-8338 604/681-2388 (FAX) |
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