iPackets International Inc. (IPKL)

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iPackets International, Inc.
Com ($0.00001)

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iPackets International, Inc. Receives Naming Approval for the Joint Venture in China

VANCOUVER, BC, Nov 02, 2006 (MARKET WIRE via COMTEX) -- iPackets International, Inc. ("iPackets") (PINKSHEETS: IPKL), a developer and provider of wireless communications software and equipment for the mining industry, announced today that the name for the Chinese Joint Venture ("JV") has been approved by the Chinese Central government. The name of the JV will be GuoAn Mining Communication Equipment Co., Ltd. (GuoAn translates to National Safety). The JV partners will be iPackets, the China Coal Information Institute, and the Henan Yongan Investment Guarantee Company, Ltd. The JV will be the entity that manufactures and markets the iPMine solution, which focuses on mine-safety for personnel and equipment in China.

Maybe I'm making a mountain out of a mole hill, but does anyone else see the magnitude associated with the bold print in this post?