China Policy Established by Tensleep.Business Editors AUSTIN, Texas--(BUSINESS WIRE)--Jan. 6, 2000 Tensleep.com Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TENS) Thursday announced that it has entered into an agreement with an independent company to gather information on the feasibility of (1) marketing its technology and products in China, (2) establishing one or more joint ventures for the manufacture and sale of its products in China, and/or (3) determine what other opportunities the company may have in China. "In particular, the company wants to determine if China has a market for its fax modem fax modem n. A modem that sends and receives fax transmissions. , fax modem/controller, both fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: by Samsung Electronics Samsung Electronics (SEC, Hangul:삼성전자; KSE: 005930, KSE: 005935, LSE: SMSN, LSE: SMSD) is a South Korean multinational corporation and the world's largest and leading electronics and information technology company. Co., and medium speed modem chips," said Ronald S. Tucker, president and chief executive officer. "We also want to determine the potential for a joint venture to manufacture facsimile machines and/or medium speed modems." "We are fortunate to retain an international trading and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a to conduct the investigation and gather the information," said Tucker. "The firm was founded in 1984 and has offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Taiwan and China and has developed a vast network of business relationships in China and Taiwan. "A representative of the consulting firm will be going to China within the month, but we expect it will be several months before we have the information we need. At that time we will consider our opportunities, put a cost on them and then determine our next action." Tensleep is an integrated Internet development stage company divided into the e-Commerce and Internet/technology divisions. The e-Commerce division's focus is on developing a financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. hub and the Internet/technology division's focus is on developing thin Internet servers. Thin Internet servers will be embedded Inserted into. See embedded system. into Internet devices, appliances and other equipment. They will control the functions of the device or appliance and collect and transmit operational data about those devices or appliances. Tensleep's plan of operation provides for investing in and developing strategic relationships with young, aggressive Internet service and communication technology companies. For information on the company and its products, visit the company's Web site at www.tensleep.com or call 888/443-2656. Certain statements contained herein constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business and potential business activities. Although the company believes that the statements are reasonable, it can give no assurance that such expectations will be correct. Investors are cautioned that any forward-looking statements made by the company, or contained in this document, contain no guarantee of future performance, and that the actual result may differ materially from those set forth in the forward-looking statements. Difference in results can be caused by various factors including, but not limited to, the ability to development of a system on a chip within appropriate time periods, and the company being able to sell the chip to manufactures of devices, appliances and equipment. |
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