Dude, that was not a fluff pr. It was an update. Did you know all of the details already? I didn't. I had a sense of it but it is good to see it in writing, and there was lots of info.
For instance:
On the business side, the JV partners have hired senior executives with strong expertise in JV set-up and operational management. The discussions amongst the three JV parties focused on concluding the JV agreement which will be submitted to the Sino-Foreign JV Business Registration Office for the establishment of the JV.
and this:
In addition, the JV partners are in discussions with a number of mining operations who have expressed interest in deploying iPackets' iPMine mine-safety system.
And this:
"We are very happy with the level of commitment we saw from our partners, and specifically the allocation of dedicated resources and new hiring of senior executives to handle the JV establishment. CCII has also been instrumental in building up the required network to facilitate the certification and also lining up mining operations as early adopters of our state-of-the-art technology."
And I like this part (especially the last sentence, including the word ''ensured''):
"The discussions were focused on speeding up the process to penetrate the market as soon as possible. This includes commitment from all sides to handle their part of the activities required to start the first deployment. We have invested a lot in our technology and we are well positioned to capture the market as a leader. The trip ensured we have a direct and efficient procedure in place to make that happen."
