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HONG KONG – July 11,
2002 – CPCNet Hong Kong Limited, a CITIC Pacific
(SEHK: 0267) company and a leading Internet solutions
provider in Greater China, today announced the signing
of a Memorandum of Understanding (MOU) with Schoolteam
(Asia) Limited for an alliance in providing managed
IP-based solutions to the education community in Hong
Kong.
With the shared vision of providing cost-effective,
one-stop, managed solutions for primary and secondary
schools in Hong Kong to facilitate the implementation
of innovative learning and administrative programs,
and to enhance the communications between school, students
and parents, this alliance kick-starts the joint development
by CPCNet and Schoolteam to engineer new solutions slated
for launching before September. The new solutions will
entail Internet access, intranet environment, micro-payment
capabilities, multimedia applications, stringent security
measures and technical system support.
“ We ’ ve seen a fair level of hardware readiness
and network connectivity in the primary and secondary
education sectors in Hong Kong. Value-added solutions
to foster creative teaching programs and effective communications
among schools, students and parents is the next wave
in optimizing information technology ’ s benefits in
education, ” said Stephen Ho, CEO of CPCNet Hong Kong.
“ Standing firm in our vision to provide one-stop managed
solutions to our customers, CPCNet is pleased to work
with Schoolteam in jointly developing a best-of-breed
yet cost-effective product for the local education sector.
”
This strategic alliance combines CPCNet ’ s strengths
in meeting education sector ’ s connectivity needs and
Schoolteam ’ s expertise and experience in school IT
solutions provisioning. As one of the early entrants
to the local education market, CPCNet offers a complete
portfolio of tailor-made Internet solutions with catered
connectivity options and superb security measures for
schools in Hong Kong. Coupled with Schoolteam ’ s expertise
in offering a web-based communication platform to the
education community since 1997, the alliance vertically
integrates the strengths of both companies to deliver
truly hassle-free IP-based solutions to schools with
substantial cost-effectiveness.
“ As the market leader of web-based communication
platform to schools in Hong Kong, Schoolteam is always
on the look-out for opportunities to enhance its service
quality to the school community. Entering into partnership
with leading institutions and business enterprises presents
one of these opportunities. Supported by our technological
strength and market-driven business philosophy, we are
in a position to offer a wide range of innovative and
high value-added services to teachers, students and
parents. Our strategic alliance with CPCNet is a prime
example of such endeavours. ” Said Mr. Gabriel Yu, the
chairman and founder of iTVentures Group, the parent
company of Schoolteam. “ The partnership will surely
bring increased value to the customers at low cost,
as a result of the vertical technology integration.
”
Schoolteam is the first to offer a web-based communication
and collaboration platform to the school community.
The Schoolteam platform is adopted by several hundred
secondary and primary schools in HK. Since its first
launch in 1997, Schoolteam has upgraded the technology
and introduced new innovative solutions on a regular
basis. Smart-card applications, micro-payment solutions,
school-based instant messaging, administrative functions,
and teaching tools, are but some of the new products
either in various stages of deployment, or will be introduced
to schools very shortly.
“ The signing of this MOU symbolizes the best combination
of network solutions and education applications, ” added
Mr. Ho. “ This alliance would also be mutually beneficial
to CPCNet and Schoolteam in terms of extending our technology
and market leadership in education sector. ”
About Schoolteam (Asia) Limited
Schoolteam (Asia) Limited, a leading Education Service
Provider in Hong Kong, has been delivering effective
web-based technologies to the education community with
hundreds of schools since 1997. By leveraging Octopus
’ proprietary technology, and other partners ’ proven
technologies in Intranet service and Short Messaging
Service, Schoolteam dedicates to refine communication,
teaching and learning, and administration between students,
teachers and parents. Formerly known as PCCW Schoolteam
(Asia) Limited, the company was renamed to Schoolteam
(Asia) Limited in January 2002 after iTVentures Limited
(ITVL), a company chaired by Mr. Gabriel Yu, acquired
all the outstanding shares of the company from Pacific
Century CyberWorks (PCCW). Under the stewardship of
ITVL, the company focuses itself in the field of education
and dedicates all its resources in advancing its technology,
expanding its education coverage, and investing in new
research and upgrades.
About iTVentures Limited
Founded in 1995, iTVentures Limited (ITVL) is a forward-looking
technology company headquartered in Hong Kong with operations
in numerous countries overseas. ITVL leads and manages
premier technology development companies, which include
Digital Heritage Publishing Co. Ltd., Digital Vision
Educational Publishing Co. Ltd., Digital Vision Technology
Co. Ltd., Schoolteam (Asia) Ltd., and Magically, Inc.
The true expertise and market leadership of these groups
members provide synergies for ITVL to achieve its vision
of being a leader in delivering effective web-based
technologies for school and corporate working environment.
Media Contact:
Priscilla Wat
Phone: 852-2170-7536
Email: mediaenquiry@CPCNet.com
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