Tengtu Software Recognized By China Education Technology Association.Business Editors TORONTO & BEIJING--(BUSINESS WIRE)--Dec. 23, 2003 Tengtu International Corp. ("Tengtu" or "the Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TNTU TNTU The Nottingham Trent University (UK) ) announced today that the China Education Technology Association (CETA CETA abbr. Comprehensive Employment and Training Act ) has recognized Tengtu's education software as one of the "Ten Best Products for 2003". In their annual review of education software products, the China Education Technology Association selects the ten best products based on responses to its national survey and evaluations by a panel of experts. The awards were announced and presented to winners in a national conference held in Guilin City on December 14, 2003. "This award recognizes the exceptional effort and dedication that our employees and partners have invested in developing Tengtu's software products for the Chinese education marketplace. It will be a great inspiration for all of us as we continue to expand our penetration of the market in 2004," stated Mr. John Watt, president of Tengtu. Established in 1996, Tengtu International Corp. is a developer, marketer, distributor, and integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. of distance learning solutions and e-education software. Tengtu International Corp. controls 57 percent of the joint venture that has been chosen by China's Ministry of Education to be the operating partner in the deployment of China's national education portal and distance learning network (CBERC). The objective of this system is to make computerized education available to 250 million students in China's approximately 800,000 primary and secondary schools over the next 10 years. Tengtu International and its joint venture partner, Tengtu China, employ more than 400 people in offices in Asia and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Tengtu has more than 35,000 schools and 17.5 million students connected to its information network in China. For more information please visit www.tengtu.com. To be added to Tengtu's email list for Company news, please send your email address See Internet address. to info@tengtu.com. Portions of this document include "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. ", which may be understood as any statement other than a statement of historical fact. Forward-looking statements contained in this document are made pursuant to the safe harbour provisions 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. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may vary materially from management's expectations and projections expressed in this document. Certain factors that can affect the Company's ability to achieve projected results are described in the Company's Annual Report on Form 10-KSB and other reports filed with the Securities and Exchange Commission. |
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