WorldTradeShow.com Plans to Market and Distribute Internet-Based Long Distance Telephony to over 10,000 Vietnamese Clients.Business Editors SAN DIEGO--(BUSINESS WIRE)--Nov. 18, 2003 WorldTradeShow.com, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : WTSW WTSW White-Throated Swift (bird species Aeronautes saxatalis) ), a Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. specializing in producing and marketing online tradeshows for the travel/tourism, import/export and meeting/convention industries, announced it is working closely with All America Casting International, Inc. (Pink Sheet: AMEI AMEI Association of Medical Expenses Insurers ) to begin development of marketing and distribution plans to sell a selection of advanced VoIP Telephony System to its Vietnamese enterprise clients. WorldTradeShow.com has a strong relationship with the Vietnamese government and has agreements in place to provide online tradeshows to promote over 10,000 private enterprises in the travel/tourism and import/export industries throughout Vietnam. All America (AMEI) has unique advanced telecommunications solutions via Internet-based Long Distance Telephony to help WTSW's Vietnamese customers reduce calling costs. Initially, AMEI will provide the necessary hardware and software to implement the VoIP calling system in each of WTSW's network of over 650 Internet Cafes situated in Ho Chi Minh City Ho Chi Minh City, formerly Saigon, city (1997 pop. 5,250,000), on the right bank of the Saigon River, a tributary of the Dong Nai, Vietnam. with a population of 6 million people. It is estimated over 165,000 Vietnamese customers visit these Internet Cafes each day. In Phase I, AMEI and WTSW have chosen the Internet Cafe market sector in Vietnam because the Cafes are the most frequent locale as communications centers for millions of Vietnamese citizens who don't have Internet access See how to access the Internet. at home. During first year of operation, AMEI projects to generate up to $24 million USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. for implementing its VoIP system, together with bundled discounted long distance packages. As a result, WTSW estimates gross revenue to be upwards of $4.8 million USD, not including the additional 10,000 Vietnamese business users in the hotels/resorts, restaurants, universities/schools and other sectors. "We're extremely excited about providing this advanced technology to our venture partners, WorldTradeShow.com, a company which has developed extremely strong ties in one of the world's hottest economies. It's a two-tier opportunity, with immediate revenue from the Internet Cafe network with a long term growth potential among the other sectors of WTSW's client base in Vietnam," stated Richard Kipping, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of All America. Sheldon Silverman, CEO said, "AMEI's unique telecommunications solutions will provide our network of Internet Cafes and over 10,000 Vietnamese tradeshow customers reduced calling costs, while generating another continuous and redundant revenue stream for WTSW." About the Company: WorldTradeShow.com, Inc., (www.WorldTradeShow.com) is a leading edge online tradeshow and marketing company. Using the latest broadband technologies, the Company delivers real-time Virtual Tradeshow experience via the Internet. Its web portal See portal. contains a comprehensive database of updated tradeshows, conventions and expositions worldwide in this $2 trillion dollar industry. WTSW has offices in U.S., Mexico and Vietnam. All America Casting International Inc. is a broadband VoIP telecom company offering local and long distance services and video on demand to residential and commercial clients. For more information please contact Richard Kipping 604-723-8750 or Paul Davey 604-669-2850. 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. Statement: This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the 'safe harbor' provisions of the United States 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 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements herein. |
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