Infinite Networks Corporation Signs Agreement to Develop the Asian Market.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Infinite Networks Corporation (PINK SHEETS: INNX). Mr. John W. Bush, President announced today that the Company has signed a joint partner development agreement with Great American International Development Corporation, GAIDC. Dr. Sonny son·ny n. pl. son·nies Used as a familiar form of address for a boy or young man. [Diminutive of son. Lee, Chairman of GAIDC executed the agreement with Infinite Networks Corporation that will provide for a working relationship to jointly develop the Asian market in promoting the Combustible com·bus·ti·ble adj. Capable of igniting and burning. n. A substance that ignites and burns readily. Engine Technology. This agreement establishes GAIDC as Infinite's master agent to coordinate various types of business relationships throughout the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. community of countries. This is the first agent agreement that Infinite has signed that provides for the joint development of this technology. In an interview with Mr. Bush, President of Infinite he stated, "Dr. Lee's involvement over the past months with Infinite has made him a believer in the overall potential of this technology. Great American International Development Corporation is a solid partner, and has huge projects worldwide that can immediately take full advantage of the CET CET abbr. Central European Time CET Central European Time CET n abbr (= Central European Time) → hora de Europa central CET abbr technology. As a joint development partner, GAIDC will be working hand and hand with our staff to research and develop opportunities for this technology to be used throughout the Asian marketplace. Infinite is committed to this new relationship and looks forward to establishing Pacific Rim business opportunities. The CET technology is now fully proven. Infinite's role over the next few years will be to develop the markets worldwide and this is the first agreement of many." Infinite Networks Corporation markets High Efficient Advance Technology "H.E.A.T." through CET, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control for the global Automotive and Marine/Boating industries. This release contains 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. that are made pursuant 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 the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. Some of the statements contained in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that involve substantial risks and uncertainties. Some of the forward-looking statements can be identified by the use of words such as "anticipate," "believe," "estimate," "may," "intend," "expect," "will," "should," "seeks" or other similar expressions. Forward-looking statements are based largely on management's expectations and involve inherent risks and uncertainties. These risks include, but are not limited to, the demand for implementation of Infinite Networks Corporation services and the ability of the company to successfully implement its strategies, each of which may be impacted, among other things, by economic and/or competitive conditions. You should not place undue reliance on any forward-looking statement, which speaks only as of the date made. Many of these factors are beyond our control. The Company cautions that the foregoing factors are not exclusive. |
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