eduverse.com Announces Procter & Gamble has Signed a One Year Advertising Contract and Booked 25% of all Advertising Space on the Company's e-Education Initiative in Thailand.Business/High-Tech Editors, Education Writers RENO, Nev.--(BUSINESS WIRE)--August 1, 2000 eduverse.com(TM) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EDUV), a leading English as a Second Language online educational publisher, today announced that it has signed a one-year advertising agreement with Procter & Gamble Manufacturing (Thailand) Ltd. ("P&G" -- http://www.pg.com/) to become an anchor advertiser in the Company's e-education initiative in Thailand. The Company anticipates that this agreement, which illustrates eduverse.com's shift from revenue generated by shrink-wrapped retail product to online advertising based revenue, will have a positive financial impact on its corporate revenues over the next 12 months. eduverse.com's Thailand e-education initiative was launched with the installation of the Company's ENGLISH PRO language tutorial software on the Thailand Ministry of University Affairs University Network (UniNet). UniNet is the Intranet computer network that services Thailand's universities and colleges. Students access the UniNet to study their English pronunciation pronunciation: see phonetics; phonology. Pronunciation - In this dictionary slashes (/../) bracket phonetic pronunciations of words not found in a standard English dictionary. using ENGLISH PRO. (For detail on the Company's e-education initiatives in Thailand, refer to the press release dated July 15, 1999 http://www.eduverse.com/newsreleases/07151999.html and the press release dated July 7, 1999 http://www.eduverse.com/newsreleases/07071999.html). Under the terms of the advertising agreement, Procter & Gamble products will be displayed on 25% of all advertisements contained within the ENGLISH PRO UniNet language tutorial software. P&G will advertise its Olay(R), Pringles(R), Pantene(R), Head & Shoulders(R) and Whisper(R) brands within ENGLISH PRO UniNet using a mix of advertising banners, branded ENGLISH PRO user interface screens and full screen, 8-second animated commercials (EduAds(TM)). Advertisements will be targeted by gender -- unique ads for boys and girls boys and girls mercurialisannua. -- by school and by age demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. . The P&G advertising banners, user interface screens and EduAds may be viewed at http://www.eduverse.com/pg. eduverse.com will not advertise competing products on ENGLISH PRO UniNet during the term of the agreement. "We are excited about the unique opportunity to build relationships with teens that eduverse.com has presented. It enables us to deliver targeted communications to the teen market in Thailand while supporting their education," stated Vivek Bali, Marketing Director for Procter & Gamble Manufacturing (Thailand) Ltd. "eduverse.com has combined education and targeted communications into a win-win business for all participants." "Procter & Gamble has always been a major sponsor of education internationally. Once again, they have demonstrated their commitment to education by becoming a key sponsor of our e-education initiative in Thailand," stated Mark E. Bruk, President 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 eduverse.com. "Having a global company the caliber of Procter & Gamble -- the company that invented television soap operas This is a list of Soap operas by country of origin. Argentina
About Procter & Gamble Manufacturing (Thailand) Ltd. Procter & Gamble Manufacturing (Thailand) Ltd. 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 The Procter & Gamble Company. About The Procter & Gamble Company The Procter & Gamble Company (NYSE NYSE See: New York Stock Exchange :PG) is a $38 billion multinational company. Procter & Gamble markets approximately 300 brands to nearly five billion consumers in over 140 countries. These brands include Tide(R), Ariel(R), Crest(R), Pantene Pro-V(R), Always(R), Whisper(R), Pringles(R), Pampers Pampers is a brand of disposable diaper (or nappy) marketed by Procter & Gamble worldwide. Product information Diapers Pampers Diapers come in sizes going all the way up to Size 7. (R), Oil of Olay(R), Iams and Vicks(R). Based in Cincinnati, Ohio “Cincinnati” redirects here. For other uses, see Cincinnati (disambiguation). Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. , USA, Procter & Gamble has on-the-ground operations in over 70 countries and employs more than 110,000 people worldwide. About eduverse.com eduverse.com is a provider of superior quality online educational programs for use in school systems around the world. With proprietary technology, eduverse.com has developed a revenue model that allows corporations to place their advertisements in front of select student audiences. The Company also makes its educational products available from its global web site at www.FreeEnglish.com. eduverse.com is based in Reno, Nevada. For more information on the Company, call 604/623-4864 or visit the Company's corporate web site at www.eduverse.com or email info@eduverse.com. 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 provides a "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. " for 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. . Some information included in this press release contains statements that are forward-looking. Such forward-looking information involves significant risks and uncertainties that could affect anticipated results in the future and, accordingly, these results may differ materially from those expressed in any forward-looking statements made by or on behalf of the company. For a description of additional risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission. |
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