Followers | 331 |
Posts | 21718 |
Boards Moderated | 4 |
Alias Born | 10/21/2006 |
![](https://investorshub.advfn.com/uicon/84977.png?cb=1679024604)
Wednesday, December 06, 2006 3:45:52 AM
• iPackets International, Inc. (IPKL.PK) a global developer and provider of wireless and communications solutions for the mine-safety industry, announced its signing of a Letter of Intent to establish a Chinese Joint Venture with China Coal Information Institute [CCII] and Henan YongAn Investment Guarantee Co. (YongAn). The joint venture will be responsible for the manufacturing, distribution, sales, marketing, installation, deployment, and support of iPackets' iPMine solution to the mining industry in China. The operation will be based in the province of Henan, China's second largest coal producing province. According to the agreement, YongAn will provide funding of up to US$50 million to the venture, and over 10,000 square meters of land to build and outfit a world-class manufacturing facility in Henan. Under the deal, CCII will provide professional services including product certification, sales and marketing, technical support, and market intelligence. iPackets will provide technology intellectual property, continued product development, technology direction, and technical knowledge transfer. The agreement is expected to be finalized in two months. China Coal Information Institute, a national research organization, is part of the newly established National Institute for Occupational Safety. YongAn is one of the first investment guarantee companies to be approved by the Chinese National Development and Reform Commission. iPMine is a real-time two-way wireless communications solution that tracks, monitors, and communicates with miners and equipment underground and above ground.
Duane Forrester Joins INDEXR as SVP of Search • MONI • Jul 31, 2024 11:46 AM
Lingerie Fighting Championships Help Fulfill Death-Bed Promise With First Major Motion Picture • BOTY • Jul 31, 2024 9:00 AM
Kona Gold Beverage Significantly Reduces Debt from Multiple Holders • KGKG • Jul 31, 2024 9:00 AM
Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies • AVAI • Jul 30, 2024 8:00 AM
ELEMENT79 GOLD CORP PROVIDES UPDATE ON CHACHAS COMMUNITY CHARTER AND REVENUE GENERATION, M&A ACTIVITIES • ELMGF • Jul 30, 2024 8:00 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM