BLUEPOINT LINUX (OTC-BB: BLPT)|
1) BluePoint, the Company:
BluePoint Linux Software Company was formerly known as Shenzhen Sinx Software
Company, Ltd and originally incorporated in the Chinese province of Shenzhen in June, 1996.
The Company's offices are located at: A310, SEG Science & Industry Park, Huaqian Road
North, Shenzhen, Guangdong Province, China. It is believed to be the first Chinese Public
Company entirely centered on the Linux Operating System....
The business of BluePoint is focused on Linux operating system, embedded Linux
platform and related service and support. The company developed the first true
Chinese Linux operating system called BluePoint. BluePoint is very stable, easy
to use and offers high performance. It supports multiple languages and is very
suitable for Asian users. Although the history of BluePoint is short, it has
already gained great market acceptance. BluePoint is a Leader in Linux Bundling, as
it has access to a large percentage (believed to be between 60 and 80%) of the Linux
bundling market in China and is pre-installed by several major computer makers in China,
including Great Wall, TCL, and Xiahua Shanbao. The company is also providing
customized development and training services for these computer makers.
The company owns two web sites: bluepoint.com.cn and
openunix.org. Established in March, 999, openunix.org is a
destination site for Unix and Linux information. It is the most influential
Linux site in China. The site provides services such as news, technical
discussion forums, knowledge bases and software downloading. The site also
provides advertising, publishing, survey and consulting services. It is believed
that the Company has sufficient working capital, no significant debt and
is currently marginally profitable.
2) Shares Structure:
BluePoint has 20 Millions shares Outstanding and 4.5 Millions shares in the Float
and trades on the OTC-BB under the symbol: BLPT
3) Discussion about Linux in the US and China:
While the USA with some 250 Millions inhabitants is getting near saturation point with
computers and the Internet, China is near ground Zero with 1.3 Billion people. It's widely
recognized that China will, in less than 5 Years be the dominant World market for the
Internet and related equipment. In addition, there is every indication that the Chinese
Government favors Linux operating system over Microsoft, as there is no expensive
licensing fees involved, saving foreign exchange. In addition, China has large numbers of
qualified programmers who can freely work with, improve and develop new applications for Linux.
Below is a Link about the two American Leaders in Linux, RHAT and LNUX. On the day of its IPO,
VA Linux opened at $30.00 and reached a high of around $320.00. While not suggesting BLPT
will follow the same pattern, it's clear that Leaders in a Hot technology sector often seem to be
favored by the markets.
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