Multi-Corp Opens Distribution Channels in Asia/Pacific.CALGARY, Alberta--(BUSINESS WIRE)--Feb. 18, 1997--Multi-Corp Inc.'s( TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). 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.) 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. , Zi Corporation, has entered into distribution agreements with a number of Internet companies in the Asia/Pacific region for its Zi Mail product - Chinese E-mail for the Internet. 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. Star Internet, Hong Kong's largest Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , are to distribute 10,000 copies of Zi Mail through their Internet stores starting February 15th. In addition, Hong Star Internet distributes Zi Mail electronically from their homepage on the World Wide Web (http://www.hkstar.com/netmarket). Asia On Line Ltd., Hong Kong are to distribute 50,000 copies of Zi Mail on their own promotional CD in early March. Also, Asia On Line, Hong Kong, are to distribute Zi Mail electronically on the World Wide Web (http://www.asiaonline.net.hk) beginning late February. Asia On Line Ltd., Taiwan are to distribute 200,000 copies of Zi Mail on their promotional CD in early March. Also, beginning late February, Asia On Line, Taiwan are to distribute Zi Mail electronically on the World Wide Web (http://www.asiaonline.net.tw). Computer Age Magazine, a Chinese Internet Magazine based in Hong Kong, are to distribute 30,000 copies of Zi Mail in their March issue together with a feature story on Zi Corporation and Zi Mail. Several other Internet Service Providers (ISPs) are also distributing Zi Mail electronically on the World Wide Web - Hong Kong Supernet Ltd., NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform Data Corporation, and Info Wave Communications Corp (Chinese Cyber City). Distribution agreements with other ISPs are in negotiation. A cornerstone of Zi Corporation's distribution strategy for Zi Mail is an on-line registration and authentication process. This approach allows Zi Corporation to support mass distribution of the product both electronically and on CD samplers, and provides a basis to collect revenue from this distribution channel. Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of Multi-Corp Inc. to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such risks include the performance of the above distributors and the risks and uncertainties referred to in its Report of Form 20-F for the year ended December 31, 1995 filed with the U.S. Securities and Exchange Commission. Multi-Corp specializes in Chinese character based language enabling technologies and Internet products and services. It is committed to developing and marketing innovative products to enhance the world's ability to communicate. Multi-Corp also provides international telecommunications services. NEITHER THE ALBERTA STOCK EXCHANGE NOR NASDAQ HAVE APPROVED OR DISAPPROVED OF THE INFORMATION CONTAINED HEREIN. CONTACT: Multi-Corp Inc. Garbine Ormaechea, 403/ 233-8875 403/233-8878 (FAX) garbine@ziran.net |
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