Asia Properties Announces $2M Funding for Entellium.Business Editors BELLINGHAM, Wash.--(BUSINESS WIRE)--March 29, 2004 Asia Properties, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ASPZ) today announced that Entellium Corporation, a CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. company in which API owns 2 million shares, recently completed a $2 million funding from Ignition Partners. Daniel Mckinney, 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 Properties said, "This is great news for Entellium and for API. We look forward to their plan to become the preeminent CRM company in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ." www.entellium.com Ignitions Partners is a venture capital firm based near Seattle who identifies opportunities early in IT and who have built some of the largest technology businesses of the last two decades. The managing partners include former senior management of Microsoft and AT&T Wireless. www.ignitionpartners.com About Asia Properties, Inc. Asia Properties, Inc. was established to invest in resorts and prime real estate in Thailand and Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. . API currently operates as the only U.S. listed vehicle focusing exclusively on S.E. Asian real estate investments, where investors can invest in Thai, and other Asian countries, real estate and hold the investment in the form of a security trading on a U.S. securities market. Asia Properties' web site is: www.asiaprop.com Statements contained in this release which are not historical facts may be considered "forward-looking statements" under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements. |
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