eduverse.com and Acer Partner to Deliver English as a Foreign Language Content on Asia's First Knowledge Portal -- 1to80.com.Business Editors RENO, Nev.--(BUSINESS WIRE)--May 2, 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 an agreement with 1to80.com (www.1to80.com) -- Asia's First Knowledge Portal -- to provide co-branded English as a Foreign Language content to 1to80.com users. Acer Acer trees of the family Aceraceae. Acer rubrum ingestion of wilted or dries leaves of this tree causes acute hemolytic anemia characterized by red urine, jaundice, anemia and methemoglobinemia in horses. Digital Services Group (ADSG ADSG Attachment Disorder Support Group ADSG Art Doll Sculpture Group (EBay collectors group) ), the Internet headquarters of the Acer Group, develops 1to80.com. Under the terms of the agreement, eduverse.com will provide 1to80.com with its current and future online educational software. eduverse.com's products will be localized Translated into the spoken language of the country. See localization. into simplified and traditional Chinese text for the 1to80.com web sites in Greater China. However, 1to80.com's web sites in ASEAN ASEAN: see Association of Southeast Asian Nations. ASEAN in full Association of Southeast Asian Nations International organization established by the governments of Indonesia, Malaysia, the Philippines, Singapore, and Thailand in countries will offer the courses in English. 1to80.com provides students, corporations and learning individuals with numerous on-line education and training courses. It is tapping the vast business opportunities in today's digital age and provides users with the most updated learning-related products, services and technologies. "1to80.com has been aggregating the best of online educational content for their knowledge portal," stated Mark 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. "We are delighted to have been chosen as a content provider for 1to80.com. This agreement will significantly expand the reach of eduverse.com products throughout Asia." "Spoken English is becoming synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik) 1. acting together. 2. enhancing the effect of another force or agent. syn·er·gis·tic adj. 1. with career success in Asia," stated Ms. Ann Liu, President of 1to80.com. "Our partnership with eduverse.com allows 1to80.com to provide this important aspect of career training to our users for free." About 1to80.com International 1to80.com, the lifelong learning Lifelong learning is the concept that "It's never too soon or too late for learning", a philosophy that has taken root in a whole host of different organisations. Lifelong learning is attitudinal; that one can and should be open to new ideas, decisions, skills or behaviors. web site, is Asia's First Knowledge portal. It fulfils all desire for learning anytime, anywhere, offering a wealth of educational and training content, as well as exciting and interactive web activities. The company is headquartered in Singapore. Additional information is available at www.1to80.com. About ADSG Acer Digital Services Group (ADSG) was established to consolidate the Acer Group's Internet-related business with a focus on investing in and developing digital services and content for use in education, entertainment and e-commerce. Leveraging on the brand reputation, technological know-how and regional distribution network of the Acer Group, ADSG is poised to become the leading regional Digital Services provider in Asia and the Greater China region. About the Acer Group Established in 1976, Acer is the world's third-largest PC manufacturer, offering a broad selection of industry-leading high-end servers, multimedia PCs, notebooks, computer peripherals, components and semiconductors. The Acer Group employs more than 32,000 people in 120 enterprises spanning 37 countries worldwide, supporting dealers and distributors in over 100 countries. Acer Group revenues in 1999 were US$8.5 billion. For more information about the Acer Group, please visit our web site at http://www.acer.com/. 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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