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Anew Technology and Nanhai Information Industry Investment Co. Ltd.
formed Business Partnership in IT Training and Software Factory

Boston, Massachusetts, September 17, 2001 . . . Anew Technology Corporation (Anew) of Burlington, Massachusetts, USA and Nanhai Information Industry Investment Co. Ltd. (NIIIC) of Nanhai, Guangdong, China, today jointly announced a business partnership in new businesses.

"As a successful information industry investment company, staying at the leading edge of technologies is crucial for our member companies as well as for our clients.  We have selected Anew Technology with their most advanced technology know-how as our partner in IT training and software development," Mr. Jianhua Zhang, Chairman of NIIIC, said.  "We plan to move rapidly to upgrade our technical capability and expand our reach to achieve market dominance for IT training and offshore software development."

As a representative office of NIIIC in the US, Anew will provide NIIIC consulting services for strategy, marketing, sales, operations, and technologies exchange.  NIIIC will be a training partner for Anew, in which Anew will provide NIIIC consulting services and IT courseware for training.  Together, Anew and NIIIC will get into the software factory business to provide offshore software development services.  NIIIC will set up a new company to execute these new business plans. 

Anew Technology founder and CEO Mr. Edward Soong said, "This is an unique opportunity to expand our successful training business and complement our technologies and experience with NIIIC's skilled and cost-effective resources to satisfy the market needs." 

Nanhai Information Industry Investment Co. Ltd. has its focus on the investment and construction of Nanhai Software Sci-Tech Park and other information infrastructures.  The company also deals with investment in information technology projects, the incubation, expansion and purchase of small and medium size enterprises, as well as information services.
 
The complementary core competencies of Anew Technology include technical expertise in Internet/e-Commerce technologies, as well as business skills and experience in organization, management, sales, marketing, and operations essential to corporate e-Business and international trade.  Anew's elite technical staff possess the state-of-the-art engineering expertise and experience in network/Internet systems, e-Business consulting, Web applications development, as well as IT training and mentoring to deliver what is needed to gain competitive advantage and succeed in the business world.

Anew Technology Corporation can be reached in Burlington, MA at (781) 272-2639 or via www.anew.net.   Nanhai Information Industry Investment Co. Ltd. can be reached at (86) 757-633-7531.

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For further information, please contact:
Media Relations
AsiaMart®/Anew Technology Corporation
www.AsiaMart.net  www.Anew.net
99 South Bedford Street
Burlington, MA 01803, USA
Tel.  1-781-272-2639

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