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Technology Stocks : BLUEPOINT LINUX (BLPT), the RED HAT of CHINA??....

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To: Rolla Coasta who wrote ()4/26/2000 2:21:00 PM
From: CSage  Read Replies (1) of 58
 
Intel and Bluepoint to Establish Linux Technical Support Center in China


LOS ANGELES--(BUSINESS WIRE)--April 26, 2000--Bluepoint Linux Software Corp. (OTCBB:BLPT) announced today that the company will join forces with Intel (Nasdaq:INTC) to establish a Linux Technical Support Center in China.

According to Yu Deng, President of Bluepoint, Intel will contribute technology and equipment, and Bluepoint will deliver the management and staffing and operate the center.

The center, located in Shenzhen, is comprised of the following units: Proof of Concept (POC), Online Support, Training and Call center. The center will deliver services to integration providers, Linux solution providers and end users. From the POC center, staff experts will evaluate client business requirements and objectively recommend the most suitable software solution.

Bluepoint's Online Support Center utilizes Knowledge Base and Virtual Community to provide online technical support. Visitors can quickly and conveniently find technical information in the Knowledge Base and can get online, real time support from Linux experts.

Mr. Yu Deng, the President of Bluepoint, said: "The lack of reliable technical support and the lack of high quality Linux solutions that meet the need of the Chinese market have been a bottle-neck in the Linux development in China. Bluepoint founders have been paying close attention to the technical support problem. In 1998, Bluepoint founders established the first Linux/Unix support site in China: www.openunix.org. We are confident that, with the support from Intel, the Bluepoint's Linux Technical Support will help to push the Linux development in China to new levels."

Bluepoint Linux Software is the developer of the first "true Chinese" Linux operating system, named Bluepoint. Bluepoint controls approximately 80 percent of the Chinese Linux bundling market and is preinstalled by several major computer manufacturers in China, including Great Wall, TCL and Xiahua Shanbao (TriGem).

The company is a leading provider of Linux solutions and related services in the Chinese market. The company also develops Linux-based embedded systems.

Forward-looking statements in this release are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and technological changes, the company's dependence upon third-party suppliers, intellectual-property rights and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.

CONTACT:

Bluepoint Linux Software Corp., Shenzhen, China

Yu Deng, 011-86-755-376-2651

info@bluepoint.com.cn

bluepoint.com.cn

or

The Pace Communications Network

Simon Em, 800/791-5777

KEYWORD: CALIFORNIA INTERNATIONAL ASIA PACIFIC

BW0077 APR 26,2000
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