InvestorsHub Logo
icon url

Archangel

08/12/02 2:04 PM

#20359 RE: chief #20357

very nice...Greater China Corporation Announces New Product Line

NEW YORK, Aug. 12 /PRNewswire-FirstCall/ -- Greater China Corporation (OTC: GCHC) today announced an important product innovation in the international fiber optic filling gels market. This new product "UNILITE" uses proprietary technology to produce a "dry" gel that overcomes many of the problems with competing liquid gels.

The UNILITE "dry" gel product has many unique features:

-- It can be applied at room temperature directly into the cable tubes.
The Company's high quality UNIFIL equipment is ideal for such
installation.
-- It is extremely low-density, thereby reducing cable weight.
-- It can be processed at very high speeds, which in tests, have reached
800meters/minute!
-- It is ideal for high-demand, "Fiber to Home" applications since once
inside the cable it takes on a dry, soft, powdery texture that is easy
to clean for splicing.
-- It is compatible with all commonly used cable materials, and therefore
has a universal application market.

UNILITE is the latest in a series of Company developed products that have become industry standards. These products are produced at the Company's 60% owned manufacturing facility based in Shenzhen, China, and are sold to fiber optic cable manufacturers throughout China and to a growing extent, throughout the world.

Mr. Gary Robinson, Greater China's CEO, congratulated the technical and management team in China for their adherence to extremely high standards of product development, production, sales and support. This has resulted in the Company capturing a larger share of the international cable gel market, and achieving record sales and profits in SUTCO.

For further information on UNILITE and other Company products, please visit: http://www.unigel.com .

All statements in this press release that are other than statements of historical fact are forward-looking statements that contain current expectations about future results. Forward-looking statements involve numerous risks and uncertainties. Although GCHC believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.

MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X58457326

SOURCE Greater China Corporation

/CONTACT: John W. Allen of Greater China Corporation, +1-212-935-0561 or
springny@pipeline.com /

/Web site: http://www.unigel.com /

(GCHC)



Arch