WorldTradeShow.com Presents Final Agreement to Vietnam Trade Information Center -- VTIC -- to Produce Vietnam Virtual Export Tradeshow and Register .VN Domain Names for all of its Members.Business Editors SAN DIEGO--(BUSINESS WIRE)--Nov. 20, 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. that specializes in producing and marketing online tradeshows for the travel/tourism, import/export and meeting/convention industries, announced its Vietnam representative office has officially presented the final Partnership Agreement to Vietnam Trade Information Center (VTIC VTIC Victorian Tourism Industry Council (Australia) ), the Vietnamese government agency responsible for managing and promoting Vietnam's Import/Export businesses and associations, www.ASEMConnectVietnam.gov.vn, and www.VINANET.com.VN, to produce and market an online Virtual Export Tradeshow for Vietnam. In addition, the Agreement includes the proposal for WTSW to register .VN domain names for all of its members (www.VN). This Agreement with VTIC estimates to generate over $10 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. annually for WTSW. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Hugh Constant, Vice President of San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. World Trade Center (www.sdwtc.org), "Vietnam is emerging as an economic center with an annual Gross Domestic Product (GDP GDP (guanosine diphosphate): see guanine. ) of about $35 billion USD, which is still based 25 percent on agriculture, and industrial production is growing more than 10 percent annually. The country is politically stable, inflation is essentially zero and exports and imports are approximately in balance at around $17 billion USD each." Mr. Pham Tat Thang, Director General of VTIC, who signed the MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. recently, is very excited about the opportunity for WTSW to develop and produce this exclusive e-commerce Virtual Export Tradeshow to promote his Association with over 8,000 of Vietnam's Exporting enterprises and businesses. The Virtual WorldTradeShow Fair would run continuously on the WorldTradeShow.com's e-commerce website enabling businesses and consumers worldwide to access, communicate and transact directly with Vietnamese importers/exporters listing their products and services online. The registration of .VN (www.VN) domain names will enable these enterprises to have an Internet presence, which may be promoted and marketed globally through cross-linking with the WorldTradeShow.com website. Lee Johnson, Director of WorldTradeShow.com said, "Mr. Pham of VTIC is anxious to begin this partnership with WTSW. We expect the final Agreement to be signed by both parties within the next few weeks. WTSW estimates the annual revenue for producing this exclusive online e-commerce Vietnam Virtual Export Tradeshow for VTIC and registering the .VN domain names for its 8,000 merchant members and associations to be in excess of $10 million USD." About the Companies: 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 contains a comprehensive database of updated tradeshows, conventions and expositions worldwide in this $2 trillion industry. WTSW has offices in the U.S., Vietnam and Mexico. Vietnam Trade Information Center (VTIC), www.ASEMConnectVietnam.gov.vn, and www.VINANET.com.VN, is the Vietnamese government agency responsible for managing and promoting Vietnam's Import/Export businesses and associations with a membership of over 8,000 enterprises. 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion