Hartcourt Companies (fka HRCT)

[Minddoc7]

hot-dog, I believe that you are confusing the 51% that HRCT has
in SinoBull with the 50% it holds in SA. You might want to read
the below press release.
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delayed 20 mins - disclaimer


Thursday January 11, 8:04 am Eastern Time
Press Release
SOURCE: The Hartcourt Companies, Inc.
StreamingAsia Webcasts ASPWorld Conference & Expo Hong Kong; ASPWorld Is Premier Industry Event For U.S. And Asian ASP Marketplace
LOS ANGELES, Jan. 11 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com, an investment and development company focused on Internet infrastructure and content delivery, announced today that its Hong Kong-based subsidiary, StreamingAsia (SA), the region's leading webcasting solutions provider, is providing live and archived streaming audio and video via the Internet for the ASPWorld Conference & Expo Hong Kong, whose aim is to provide corporate end-users and decision makers with the latest and greatest tools available worldwide for outsourcing applications and IT services.

StreamingAsia's turn-key solution allows ASPWorld to easily FTP digital content to SA who then webcasts the content via the StreamingAsia Broadcast Network. The event's video clips are hosted and managed by StreamingAsia's Digital Content Manager (DCM) web-based software.

The conference, which is running January 9th to January 11th 2001 in Hong Kong, can be viewed at www.aspworldhk.com.

Through the 3-day event, owned and managed by IDG World Expo, participants can meet thousands of application service providers (ASP) and corporate end-users face to face. For the first time in the Asian arena (a similar IDG event was held in San Jose, California in October, 2000) end-users and ASP providers will gather at a new event showcasing the entire range of outsourcing options.

``ASPWorld was created to assist information technology (IT) decision-makers from small, mid-sized or global enterprises who need to make faster, smarter IT outsourcing decisions for their companies,'' said Focal Ling, General Manager of StreamingAsia. ``As decision-makers struggle to maintain enterprise budgets that keep pace with the demand for network capabilities and retain IT staff, service providers will play an increasing role in providing and maintaining core enterprise functions.''

``StreamingAsia's ability to broadcast the content of this prestigious event to a worldwide audience demonstrates one of the most dynamic aspects of the evolving IT industry.''

About StreamingAsia Limited

StreamingAsia (SA) www.streamingasia.com is the leading Internet Broadcaster providing comprehensive audio and video delivery or streaming solutions to businesses, professionals, organizations, web site owners and content publishers. Powerful network infrastructure enables SA to stream superior-quality multimedia advertising, live event broadcasting and on-demand audio and video content over the Internet to target web-enabled audiences all over the world. StreamingAsia strives to be on the cutting edge of audio, video and computer technologies to ensure that its customers continue to receive the most advanced technology solutions available on the market without prohibitively high up front investment costs.

The Hartcourt Companies, Inc., which owns 50% of StreamingAsia Limited, announced on September 21, 2000 that it has signed an underwriting agreement to bring StreamingAsia public through an Initial Public Offering on the Growth Enterprise Market (GEM) of the Hong Kong stock Exchange.

For information about StreamingAsia or its services, please visit www.streamingasia.com, or call [phone].

Detailed information on Hartcourt can be obtained via the company's Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking'' statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies, Inc.