Hong Kong S.A.R
Globe7 HK Ltd. and Sinchew-i Sdn Bhd. have entered a strategic partnership. Through this partnership, Globe7 provides video content from Qianlong.com to Sinchew-i Sdn Bhd. and monetizes it through online advertising.
"This is a great opportunity for Globe7 to work with Sinchew-i, a reputed Malaysian online media company who has a strong presence across Asia. Besides rendering content hosting and monetizing services, we plan to extend our partnership globally in the near future," said Clayton Haswell, CEO of Globe7 HK Ltd.
As Mr. Ooi Hooi Chong, General Manager of Sinchew-i said, "We are excited about this new partnership with Globe7 and delighted by the opportunity to establish business ties with Globe7."
About Sinchew-i Sdn Bhd.:
Sinchew-i Sdn Bhd. is an online media presence for Sin Chew Media Corp (SINCHEW 5090). It offers a wide range of content in a variety of formats, from online multimedia offerings to SMS / MMS and 3G news services. The content comes from sources based all over the world. Up to December 2007, Sinchew-i had an average of 220 million page views per month and a readership of 2.2 million.
About Globe7 HK Ltd.:
Globe7 HK Ltd. is a wholly owned subsidiary of Northgate Technologies based in Hyderabad, India (Bloomberg Symbol "NNORT.IN"). Globe7, one of the world's leading voice-over-Internet providers, offers internet solutions such as streaming of live TV, content hosting, file sharing, SMS messaging and games.
Northgate Technologies is an innovative technology company with extensive research and development facilities in India. Its online advertising company, Axill Ltd., is a world leader in online ad placement and audience aggregation.
About Qianlong.com:
Qianlong.com is an integrated news portal built by the leading media companies such as Beijing Daily, Beijing People's TV, Beijing TV, Beijing Youth Post, and Beijing Morning Post. The Qianlong.com covers most extensive news from mainland China.
Source: Business Wire (Business Wire India)