CBCom Announces Agreement for Online Education.Business Editors & High-Tech/Legal/Education Writers ENCINO, Calif. & BEIJING--(BUSINESS WIRE)--May 22, 2002 CBCom Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CBCI) today announced that it will build an online education system and legal information service with Zhong Lu Legal Automatic Service Co., Ltd. (Zhonglu) the only government sponsored source for legal information online. CBCom, working in partnership with Zhonglu, will build the only government supported web-based online legal educational system. This will be an exclusive service, being made available on a subscription basis as the only online source for information directly from China's Ministry of Justice. Membership fees will be charged for access to one of four service categories: Legal Examination Training Each year, over 350,000 prospective judges, lawyers, prosecutors, and governors take a legal proficiency examination (China's equivalent of the Bar Exam), which is offered once or twice per year. China has 110,000 lawyers, and competition for jobs is fierce; candidates look for every advantage possible in order to pass the examination. This online service will be the only government-sponsored source for specialized training materials to prepare for the examination, and subscribers will pay a fee for the training materials and online educational services. Legal Interpretations By the time legal interpretations are available in printed book form they are no longer current and often obsolete. Subscribers will be entitled to view legal interpretations online immediately after they are released. Continuing Education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). CBCom and Zhonglu have all rights to online training materials for continuing legal education The purpose of continuing legal education is to maintain or sharpen the skills of licensed attorneys and judges. Accredited courses examine new areas of the law or review basic practice and trial principles. , which is a requirement for legal professionals to maintain their license. International Services This website will be the sole accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. source of Chinese legal text which will be made available to the international community. The legal text will be translated into the major foreign languages and provided to subscribers in key areas of law, such as the law pertaining to foreign enterprises seeking to do business in China, of greater interest since China's accession into the WTO See World Trade Organization. . Max Sun, CBCom 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. , commented: "This marks a significant move for our China operations, and the first step of our planned development of online education. Both legal professionals and students have been looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. new ways to obtain an edge over the competition. Having the exclusive online rights to represent the Ministry of Justice will give us the most accurate and up to date legal information available." The agreement terms provide that CBCom may use government contracts that already exist between the Ministry of Justice and Zhonglu. CBCom will develop and administer the online services and online interfaces. Development is expected to commence in the third quarter this year, with the services up and running within the year. About CBCom Inc. CBCom Inc., through its strategic partnership, is the fastest-growing non-state-owned Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. in China, with a subscriber base of over 400,000. CBCom has assembled a core management team experienced in start-up operations, financial management, marketing and the Chinese telecom market. For more information see www.cbcom.net. Except for historical financial information that may be contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including but not limited to such factors as market demand, pricing, and changes in worldwide economic conditions. This report should be read in conjunction with the Company's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its quarterly reports on Form 10-Q Form 10-Q See 10-Q. . |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion