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OOOUT.COM AG: Launches Educational Training Base in Jiaxing Technology Park
OOOUT.COM AG / Miscellaneous/Strategic Company Decision 29.09.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- SHANGHAI, CHINA September 29, 2009 (OOOUT.com) - OOOUT.com announces new educational training school located at the Jiaxing Technology Innovation Center. Jiaxing City held the opening ceremony for the technology business service centers. Jiaxing High-Technology Center is a huge facility with 20-storeys and 38,000 square meters of floor area. The new location is near the local University which provides a base for technological entrepreneurship, science and technology in the service industry. The OOOUT educational training school will recruit high-level personnel to become teachers. There are four major educational subject areas which OOOUT will train students, computer network systems, software applications and programming, web development, and software development technology. 10 companies including OOOUT.com have already signed an agreement with the Jiaxing Technology Park. The registered capital for each company is One Million RMB. OOOUT Educational Training school is the first enterprise assigned to participate in the signing ceremony. ABOUT OOOUT Portal AG (OOOUT) http://www.ooout.net OOOUT's mission includes , A. To be the largest College Student Social Network B. As a primary tool for graduating students to look for jobs. C. Through our printed media distributed directly through dorms, to be the most effective media outlet for any company to cultivate brands and develop markets in all campuses. D. To be the largest E-Commerce site for Chinese College students purchases of Electronic products by offering the most competitive prices. OOOUT'S business model, A. Earn from ads placed by large companies with OOOUT in dorm DM's. B. Set up student agents throughout different campuses which can take any assignment from any large company. C. Gain E-Commence gross profits at 25% of sales and still maintain the competitive pricing for our products and achieve monthly sales to 5 million RMB within 2 years. D. Attract 4,000,000 students to Log in OOOUT Social Network community within 3-4 years, to be the largest College Student Social Network which has the same functions as Face Book. Certain of the statements made herein constitute forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors including the risks associated with the effect of changing economic conditions at home and abroad, variations in cash flow, reliance on collaborative partners, variations in service development, risks associated with rapid technological change, and potential of introduced or undetected flaws and defects in products and services and other risk factors detailed in forms filed. For more information, contact service@ooout.com 29.09.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------------
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