Cybersurf Negotiating to Enter Market in India.CALGARY, Alberta--(BUSINESS WIRE)--Oct. 8, 1996-- Cybersurf (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : CY) Cybersurf Corp. of Calgary, Alberta, an Internet technology and service company today announced that it is in the final negotiations stage for an arrangement with a leading commerce, trade and financial representative from India. Negotiations are expected to conclude later this week to enter into a joint venture to serve the growing electronic commerce and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. market in India. Cybersurf would like to bring its patent-pending Virtual T1 Central Server Access technology into this huge market. The Virtual T1 makes it possible to perform payment transactions via the Internet with "hacker A person who writes programs in assembly language or in system-level languages, such as C. The term often refers to any programmer, but its true meaning is someone with a strong technical background who is "hacking away" at the bits and bytes. proof" security, company officials said. "If the current negotiations are successful, Cybersurf will establish offices and service New Delhi New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. , Bombay, Bangalore and Calcutta. As part of the plan, there would be a joint venture arrangement with an Indian partner and a "Cybersurf India" would apply for listing of its shares on the Bombay Exchange," said Gary Gardner, Director and co-Founder of Cybersurf. Cybersurf trades under the symbol CY. The Alberta Stock Exchange has neither approved nor disapproved the above release. CONTACT: Cybersurf Corp. Gary Gardner, 403/ 777-2000 INTERNET: http://www.cia.com EMAIL See e-mail. : info@cia.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion