Alpha Secures Second Co-Publishing Contract In China.Business Editors TORONTO--(BUSINESS WIRE)--May 31, 2000 Alpha Communications Corp. (CDNX CDNX See Canadian Venture Exchange (CDNX). :ACZ ACZ Ace Combat Zero (game) ACZ Air Combat Zone ACZ Assembly Coder's Zenith ACZ Ashtekar, Corichi, Zapata ) is pleased to announce that it has signed a ten-year co-publishing contract that will generate significant royalty revenue from sales estimated in excess of CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $32 million. This co-publishing agreement involves an English For Special Purposes (ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. ) program with Foreign Language Teaching and Research Press (FLTRP), China's leading university and reference publisher. This contract is in addition to a co-publishing contract with China International Publishing Group announced March 23, 2000. FLTRP estimates that, annually throughout China, 3 million 3rd and 4th Year University students will be using this new ESP series of 22 subjects entitled English for Professions. These ESP materials will fulfill the new education curriculum requirements mandated by the State Ministry of Education in China. The English for Professions series will include one textbook, two audio cassettes, and one teacher resource book per school year for each of the 22 subject areas. The first set of six subjects includes English for Law, English for Mathematics, English for Petro-Geology, English for Bio-Engineering, English for Transportation, and English for Physics and the first two subjects will be launched this fall. Michael Kraft, President and 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. of Alpha, states: "This program is another major milestone for Alpha in terms of building our market share in the English language English language, member of the West Germanic group of the Germanic subfamily of the Indo-European family of languages (see Germanic languages). Spoken by about 470 million people throughout the world, English is the official language of about 45 nations. training market in China, extending our brand into the university market, and generating an ongoing revenue stream." Mr. Li Pengyi, President of FLTRP, comments: "Alpha's author team has greatly strengthened our position in implementing, for the first time, ESP courses based on the new syllabus for all 3rd year and 4th year university students throughout China. We are confident that we will achieve both academic and economic success in the near future." Professor Bu Yukun of Jilin University Jilin University (JLU, Simplified Chinese: 吉林大学) is a leading national university under the direct jurisdiction of China's Ministry of Education[1]. of Technology, leader of FLTRP's author team, adds: "We are excited to be working so closely with Alpha's author team on this program. This project is a significant part of the Ministry's recognition of the importance of English Language Teaching in China's new economy. I look forward to my stay in Ottawa, to participate in the completion of the materials for the first six subjects, and to ensure a smooth product development process for the balance of the subjects." William Marshall William Marshall is a name shared by several people:
About Foreign Language Teaching and Research Press: Foreign Languages Teaching and Research Press is a leading university and reference publisher in China. It is one of the most profitable publishers in China and is involved in ongoing cooperation with Western publishers. FLTRP, a subsidiary of the Beijing Foreign Studies University Beijing Foreign Studies University (北京外国语大学), one of the most reputable universities in China, has won the name of a “garden university , is a state-owned publisher with a staff of 450. FLTRP has the responsibility for publishing a series of English for Special Purposes materials based on the new curriculum developed by the State Ministry of Education in China. About Alpha Communications Corp.: Alpha Communications Corp. (CDNX:ACZ) develops and publishes original English as a Foreign Language content for book, audio, CD-based and other complementary multimedia products through its wholly-owned subsidiary, International Alpha Media, Inc. THE CANADIAN VENTURE EXCHANGE The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN |
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