Year 2004 | Year 2003 | Year 2002 | Year 2001 | Year 2000
   
Press Release
   
  10 September 2001
  Thiz Expands into the Greater China Linux Market
* * *
Leaps into the PRC Market with Taiwan Listed Set-top Box Producer
Provides Linux Software for Shandong Education Department
   
 

(September 10, 2001, Hong Kong) - Thiz Technology Group Limited, ("Thiz" or the "Group"; Stock Exchange of Hong Kong: 8119), aiming to be the world's favorite Linux application software provider, today announced its strategic alliances with Taiwan listed Well Communication Corp. ("Well Communication"; Taiwan Stock Exchange: 5479), along with Shenzhen Fenghua Telecom Co. Ltd. ("Fenghua"), a subsidiary of Guangdong Fenghua Advanced Technology (Holdings) Co., Ltd., to produce and to distribute DVD set-top box operated by Chinese Thiz Linux software in the PRC market. At the same time, the Group announced its cooperation with C.com Technology Ltd. ("C.com") to provide Thiz Linux@School software and computer server product for the HuaiFang Education Department of Shandong Province. The strategic alliances will further strengthen Thiz's leading position in the Greater China market.

Cooperation of Thiz, Well Communication and FenghuaˇG
According to the agreement, Thiz will provide the first Chinese Linux-based set-top box software in the world, while the set-top box will be produced by Well Communication and distributed through Fenghua's extensive sales network under the brand name, "Thiz". This cooperation will not only expand Thiz's product range to include non-PC related products, but will also solidify its sales network in the PRC and strengthen the distribution power of its Linux application software.

Commenting on the cooperation, Mr. Gary Wang, Vice Chairman of Well Communication, said, 'The Linux operating system is competitively priced, with low hardware requirement and is highly reliable. We expect to see an increase in the usage of Linux as the operating software of DVD set-top box and eventually become the industry standard. With Thiz's leading R&D capability, they can tailor-made quality software at a relatively low price to satisfy our requirements. After using Linux operating software, our set-top box can be competitively priced thus increasing its popularity. At the same time, leveraging on Fenghua's distribution network and "Thiz" brand name effect, we can enter the PRC set-top box market effectively to enlarge our existing market share.'


         
Copyright(c) 2004. Thiz Technology Group Limited