Multi-Corp Inc.- Zi Corporation and MIT Work Together in China.CALGARY, Alberta--(BUSINESS WIRE)--June 19, 1997-- Multi-Corp Inc.(Alberta Stock Exchange/TSE: MCU (1) (MicroController Unit) A computer on a single chip. See microcontroller. (2) (Multipoint Control Unit) A device that is used to moderate a videoconference of three or more end points (users at computers or groups of users .)(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MCUAF.) and Zi Corporation have joined Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, (MIT MIT - Massachusetts Institute of Technology ) as a Corporate Sponsor of the MIT China Educational Technology Initiative (MIT-CETI) where MIT students are to connect five high schools in Beijing, Shanghai and Xian, China to the Internet. Zi Corporation is to donate its Chinese e-mail product, Zi Mail, to the five Chinese high schools involved in the project. Zi Corporation is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Multi-Corp Inc. (NASDAQ:MCUAF)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :MCU). Zi Corporation is to participate in the MIT-CETI conference scheduled for Shanghai in July, 1997, which is meant to showcase the achievements of MIT students and the support of Corporate Sponsors affiliated with the program. MIT has advised that other Corporate Sponsors of the program include Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. and Northern Telecom, among others. "Students involved in the MIT-CETI program will help the Chinese high schools develop their ability to use the World Wide Web and the Internet as an effective teaching tool and as a medium for international communication," said Deborah Ullrich, Administrative Director of MIT International Science and Technology Initiative (MISTI). MIT-CETI is one of the key programs supported by MISTI. Ms. Ullrich added, "Corporate Sponsors such as Zi Corporation have been invaluable to the MIT-CETI program." "Our participation in the MIT-CETI program reinforces what we as a company are working towards every day--to better connect technology with the character languages of Chinese and to enhance the world's ability to communicate," said Steve Corbett, Senior Vice President, Sales and Special Projects, Zi Corporation. "We are excited about our work with MIT-CETI and we are prepared to give the program, its students and the Chinese high schools all of our support." Zi Mail uses Zi Input, a Chinese character input system that is simple to learn and easy to use. PCWorld 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. named Zi Mail as "Best Buy" for Chinese e-mail software because it "provides the best Chinese language support" (March 1997 issue). Zi Mail was awarded a four star rating by PCWorld. Zi Corporation specializes in the development and marketing of Chinese character-based language applications and Internet products and services. Based in Calgary, Canada, with offices in Hong Kong, Beijing and San Francisco, Zi Corporation's goal is to better connect technology to the character languages of Chinese, Japanese and Korean. -0- Note to Editors: Neither the Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). nor NASDAQ have approved or disapproved of the information contained herein. CONTACT: Multi-Corp Inc. Garbine Lazar, 403/233-8875 http://www.zicorp.com investor@zicorp.com or MIT International Science and Technology Initiative Deborah Ullrich, 617/258-7331 dau@mit.edu |
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