WEBCC and HiChina establish Memorandum of Understanding (MOU) for Strategic Partnership
Source: Hostlead
Date: March 18, 2005
WEBCC to support the development of
secondary domain name market and Pay-Per-Click
(PPC) business and deployment of latest
hosting software for new hosting services
to HiChina.
BEIJING - HiChina Web Solutions (Beijing)
Limited (HiChina) and Web Commerce Communications
Limited (WEBCC) reached an agreement
in a Memorandum of Understanding (MOU)
to jointly further strengthen their
long-term strategic partnerships to
bring innovative technology infrastructure
to the Chinese Internet community.
According to the MOU, WEBCC, in cooperation
with its partners SEDO GmbH and SWsoft
Inc, will assist the development of
HiChina in the areas of secondary domain
name market, Pay-Per-Click (PPC) and
innovative hosting plan such as Virtual
Private Server (VPS).
The development of secondary domain
name market and Pay-Per-Click (PPC)
is a collaboration that enables HiChina
to access the vast marketplace to SEDO,
the worldwide largest trading platform
of domain names to offer to its customers
in China. The MOU covers HiChina intention
to deploy the leading technology and
hosting software from SWsoft, namely
Plesk, Virtuozzo, HSPcomplete and PEM,
to accelerate HiChina product innovation
and operational efficiency.
The MOU carries the investment commitment
of about Yuan Renminbi 10 million over
5 years by HiChina to enhance its technology
development and product portfolio to
ensure greater customer satisfaction.
In conjunction with WEBCC Hoster Conference
Beijing 2005, Mr Tim Schumacher, CEO
of SEDO GmbH, and Mr Soeren von Varchmin,
Managing Director European and Asian
Operations, SWsoft Inc, together participated
in the MOU signing ceremony in China.
Mr Stan Zhang, CEO and President of
HiChina and Mr TK Tan, CEO of WEBCC,
signed the MOU in Beijing.
In the signing ceremony, Mr Stan Zhang
said, "China's online population
has grown rapidly in recent years, this
strategic partnership with WEBCC enable
us to create a vigorous environment
and growth in the Internet industry.
WEBCC empower HiChina with its technology
and dedicated support to propel forward
in providing variety of value added
services to the end customers globally."
TK Tan, CEO of WEBCC, said, "WEBCC
has been consistent with its goal to
be Technology Partner of service providers
in mainland China. This MOU is a significant
milestone as the synergy of strengths
among market leaders. With HiChina's
brand, reputation and strong customer
relationship, I am confident that the
Internet users will soon to adopt these
leading trends of technology and innovation".
Today, WEBCC has over 700 resellers
in over 30 countries.
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