Concept Industries Announces License To Market E-Commerce Business To Business Software For China.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 18, 2000 (CDNX CDNX See Canadian Venture Exchange (CDNX). :CEU CEU Continuing Education Unit CEU Central European University CEU College of Eastern Utah (Price, UT) CEU Centro Escolar University (Manila, Philippines) CEU Centro Escolar University ) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :CPIXF) Concept Industries Inc. (the "Company") reports that the company is currently in negotiations with a Canadian e-commerce software developer to become the exclusive licensee and distributor for its highly comprehensive on-line business-to-business software solutions in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China ("China"). This software has been developed in alliance with an American-based company that is one of the largest IT companies in the world. Management is leaving today to meet with the IT company's 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. office to discuss an arrangement for the development of the e-commerce business-to-business software solutions for Chinese applications and ongoing customer services support. The Company's plan is to implement this on-line software solution as part of the Internet initiatives with its paging joint venture in Shandong as well as with the recently announced China IDC project. After concluding meetings in Hong Kong, Management will travel to Beijing and Shandong for further discussions. Further details will be provided upon Management's return from China. CONCEPT INDUSTRIES INC. William Jung, President This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934, and is subject to the 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. provisions of these sections. Actual results may differ materially from the expectations and estimates of the Company. |
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