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2002-5-15 12:09:00 p.m. HKT, XFNA
ThinSoft grants software license to Proview to be bundled in new virtual PC
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HONG KONG (AFX-ASIA) - ThinSoft (Holdings) Inc said its indirect
wholly-owned subsidiary ThinSoft Pte Ltd has granted Proview Technology
Holdings Ltd subsidiary Proview Technology (Shenzhen) Co Ltd a non-exclusive
license for its BeTwin 2000/XP software.
The software is to be used in the development, manufacture and delivery
of the Proview Virtual PC (VPC).
Under the terms of the non exclusive Original Equipment Manufacturer
(OEM) License Agreement, Proview will begin shipping Proview VPC bundled with
BeTwin 2000/XP from June 2002 through its established international
distribution network.
Proview chairman and president Rowell Yang said the company will
initially market the VPC in China and Taiwan, followed by India and other
developing countries in Asia and South America.
""Our VPC carries various kinds of applications... we will first target
the education market, followed by small office and then retail market,"" Yang
said, adding that he has no concrete figures as to shipment levels at the
initial stage.
ThinSoft said the VPC utilises unused capacity of its host PC, enabling
the sharing of resources and peripherals, thereby reducing investment and
maintenance costs as well as the total cost of ownership.
At 12.03 pm, ThinSoft was up 0.01 hkd at 0.70 and Proview up 0.01 at 1.06.
wj/tr
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