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DIE AKTIVST DISKUTIERTEN AKTIEN DER LETZTEN 24H!!! SCHREIBT BITTE!!! ALLE EURE MEINUNGEN!!!

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LEGEND HOLDINGS LTD.

[Strick]

irgenrwie falsches board

auf jeden fall, damit ihr neue märktler auch bescheid wisst:

Große Partnerschaft von Legend und Pacific Century Cyberworks:



PCCW And Legend Jointly Offer Broadband Service And Content In China
Strategic Alliance Includes Development of Legend-NOW Computer


HONG KONG, March 2, 2000 – Pacific Century CyberWorks Ltd. (“PCCW”, stock code: 1186HKSE), the Hong Kong-listed flagship of Pacific Century Group, jointly announced today a strategic alliance with Legend Holdings Ltd. (“Legend”, stock code: 992), China’s largest computer manufacturer and distributor.

This wide-ranging agreement is designed both to accelerate the penetration of broadband Internet access across China and the distribution of PCCW’s NOW (Network of the World) interactive Internet service.

The agreement, the first between the two companies, puts two powerful Asian brands together to reach a potentially enormous customer base in the People’s Republic of China.

Legend will design and manufacture personal computers with a built-in cable modem that gives users broadband connectivity to the Internet, to be co-branded Legend-NOW, with one-touch access to the NOW network. PCCW and Legend will co-develop content and a broadband Internet service tailored for Chinese users. Legend brings to the alliance a vast distribution channel and broadband computer technology.

“One major strategy of Legend is to develop its business into the broadband area. Legend sees a huge demand and rapid growth potential of broadband product, service and content. We are very pleased to work with PCCW, the broadband technology leader in Asia,” said Legend Holdings Ltd. Chairman, Liu Chuanzhi.

“This agreement brings together two technology leaders and utilizes the strengths of both, to market the best computer, set-top box and broadband service in China,” said Richard Li, Chairman and CEO, Pacific Century Group.

The strategic alliance has three key components - the co-development of a broadband Internet service, the design, manufacture and distribution of the Legend-NOW PC, and the sharing of multimedia content through NOW.


- Broadband Internet Service for China – The high-speed Internet service will be co-developed by PCCW and Legend. The service will give consumers exceptionally fast access to the Internet and to NOW multimedia capability.

- Legend-NOW Computers bundled with exclusive broadband Internet access available across the People’s Republic of China – Legend will cooperate exclusively with PCCW to manufacture PCs with a built-in cable modem that gives users easy to use broadband Internet access. The PCs will be co-branded Legend-NOW.

- Everything Linked to NOW – PCCW’s NOW service will be bundled with Legend –NOW PCs and will be the exclusive starting page on these computers. In addition, Legend’s portal --www.fm365.com -- will provide a link to NOW.

PCCW will also establish a market development fund to promote the broadband services, access devices, and PCCW’s NOW. Legend’s research and development team, with input from PCCW, will develop set-top-boxes with features specifically designed for the Chinese market. Both the PCs and set-top-boxes will be sold through Legend’s vast sales network of over 2,000 distributors.


-End-


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