Bentley Communications Corp. -- E-commerce Arena Exclusive Asian Product Sourcing Agreement Signed.MARINA DEL REY Del Rey may refer to:
(OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BTLY) Bentley Communications Corp. (OTC BB:BTLY) has signed an exclusive product development and sourcing agreement with ROC Technologies of Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . The alliance will enable Bentley Communications Corp. ("Bentley") to acquire in excess of one hundred proprietary products factory-direct from the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China and other 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. vendors, many on an exclusive basis. This development is in alignment with Bentley's strategies that include establishing the company as an E-commerce source for products that are either unique in nature or equivalent but significantly less expensive than those currently marketed by other companies. Bentley has under construction two sites, one of which will deal with imported wholesale and retail consumer and industrial products and a second, which will concentrate on closeouts and product liquidations. The company's first web site, "buynetonline.com", is scheduled for unveiling in January 2000. "This strategic move represents a quantum leap quantum leap n. An abrupt change or step, especially in method, information, or knowledge: "War was going to take a quantum leap; it would never be the same" Garry Wills. into the next phase in the growth plan of Bentley Communications Corp. As our company enters an aggressive growth and acquisition mode, it is imperative that Bentley shareholder value be maximized. This is just the beginning," said Gordon F. Lee, President of Bentley. Bentley is an acquisition-phase producer and marketer of Internet and telecommunications consumer and commercial products and services and is making a successful transition from development stage to that of an active acquisition stage company. Several other projects relative to both Internet and telecommunications goods are being reviewed and we will advise upon the successful finalization of these negotiations. Additional information will be available through the company's upcoming web site (buynetonline.com). Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , imprecision in estimating product reserves and the company's ability to replace and expand its holdings. |
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