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Asia Pathways And ADDiT International Strike Exclusive Agreement to Enhance Globalization Efforts for European Companies.


Business Editors/Technology Writers

SINGAPORE--(BUSINESS WIRE)--Oct. 3, 2000

Strategic Alliance Gives European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 Businesses

Resources to Develop Strong Presence in Asia

Asia Pathways, an international outsourcer of Asia operations management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective.  and marketing services, and ADDiT International, a European management consultancy, today announced a strategic partnership that provides European businesses with a strong partner to help expand into Asia. The agreement enables ADDiT International to leverage Asia Pathways as the operational element for each of their client's Asia expansion strategies. The partnership promotes Asia Pathways client strategy by guaranteeing access to a network of quality European technology companies.

Asia Pathways builds, funds, staffs, manages and operates Asia operations on behalf of late stage technology companies that wish to expand their business into Asia. ADDIT International, a Dutch-based management consultancy company, works with European venture firms to globalize glob·al·ize  
tr.v. glob·al·ized, glob·al·iz·ing, glob·al·iz·es
To make global or worldwide in scope or application.



glob
 their portfolio of companies for expansion outside of Europe Europe (yr`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). . The partnership will link key European venture firms to the Asia Pathways client expansion strategy giving Asia Pathways a steady stream of highly qualified clients from European venture firms like Knorr Capital Partner, 3i, Stirr IT Up, Newion Investments and Vanenburg Capital Management.

"We are delighted with the partnership. This alliance enables ADDiT to offer a quicker start, lower risk, lower cost, higher return and highly branded option for expanding our clients' to the Asia market," says Kees Westerhuis, co-founder and partner of ADDiT International. "For companies that wish to increase sales by expanding internationally, but do not have the time, capital or resources, Asia Pathways is the optimal approach to entering Asia."

"ADDiT's experience in globalizing technology companies, developing the strategy for profitability, and executing the tactical plans to increase their client's market valuation is an ideal fit for qualifying clients for Asia expansion," says Hillman Hillman was a famous British automobile marque, manufactured by the Rootes Group. It was based in Ryton-on-Dunsmore, near Coventry, England, from 1907 to 1976. Before 1907 the company had built bicycles.  Lentz, founder 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 Asia Pathways.

About Asia Pathways

Asia Pathways offers a unique model for incubating start up sales and support operations for established technology companies wishing to start operations in Asia. It offers management, back office infrastructure services, existing customers and contacts and sales and distribution channels to provide an immediate start, low risk, low cost and high return approach to expanding sales in Asia. Headquartered in Singapore, Asia Pathways is the vehicle for technology companies to penetrate the Asian marketplace while minimally impacting the client's valued resources. Visit the Company's web site at www.asiapathways.com.

http://www.asiapathways.com

About ADDiT International

ADDiT International is an international consultancy organization, which actively supports numerous Venture Capitalist Venture Capitalist

An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding.

Notes:
Venture capitalists usually expect higher returns for the additional risks taken.
 organizations in the management and control of their investments with the objective to improve capital gain. ADDiT provides professional consultancy services to technology businesses that are involved in Enterprise Software, E-Commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers.  (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
) and/or Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 products who intend to expand internationally, obtain substantial growth, compress time to market, increase overall performance while monitoring and protecting the interest of shareholders and investors.

http://www.additint.com
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Publication:Business Wire
Date:Oct 2, 2000
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