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Comparison Shopping Comes To Korea
For Immediate Release
Comparison Shopping to be Launched in Korea
eZuz will lead the next wave of e-Commerce through Partnership
Seoul, Korea, May 26, 2000 - eZuz (pronounced ¡°easy use¡±), a global trading company operating a worldwide network of comparison shopping portals (www.ezuz.com), today announced a multi-million dollar joint-venture partnership with a consortium of seven Korean companies to launch a comparison shopping portal to service the growing online population in Korea.
The Korean Consortium represents the interests of KIMI Data System, TV Homemart, IB & Technology, Oriental Adcom, CTV, Media Net and Contrunet. eZuz will launch the Korean language comparison shopping portal, that will feature domestic merchants, content and transactions, on September 1st, 2000. eZuz Korea will establish a head office in Seoul that will be led by a local management team.
¡°The presence of eZuz and the establishment of a comparison shopping network will stimulate the Korean public to effectively shop online,¡± according to Byung Sub Cho the leader of the Korean Partners consortium. ¡°This presents a great opportunity for Korean merchants to be part of cutting edge information delivery while exposing their wares to a global audience.¡±
¡°Our partners in Korea are very strong and their regional expertise will help eZuz create a dominant brand in Asia and worldwide,¡± said Matthew Keddy, President and CEO of eZuz. ¡°We will move e-Commerce to the next level with the operation of our global network and enabling web wares technologies.¡±
The announcement comes during a Canadian Technology Mission sponsored by the National Research Council Canada (NRC), Industrial Research Assistance Program (IRAP) and the Small Medium Industry Promotion Corporation in Korea, of which eZuz is a participating company.
¡°The end result of deals like eZuz and their partners is the rationale for these technology missions,¡± according to Bruce Pridmore leader of the Canadian Technology Mission and Regional Director NRC Canada and IRAP. ¡°We are extremely happy to have this agreement signed. It reinforces Canada¡¯s leadership position in the field of technology and business and establishes Canadian companies like eZuz directly into the Asian market.¡±
About the Korean Consortium
IB & Technology is an Internet Entertainment site that features web programming development and 3-D Graphics.
KIMI Data Services are specialists in network and ORACLE based data management and systems integration.
TV Homemart is a television based home shopping network that also operates an Internet shopping mall.
CTV is a media production company with full studio facilities.
Oriental Adcom operates an advertising agency and a satellite TV channel.
Media Net is a company that has over 80 merchants as shareholders operating television home shopping that features over 200 vendors.
About eZuz.com
eZuz is a global trading company that features the most comprehensive network of unbiased comparative shopping portals on the Internet for products and services. eZuz provides a fun, relaxed and user-friendly environment for online consumers with end-to-end customer service. eZuz is positioned to be the single source on the Internet empowering North American, European, Korean and Japanese consumers to find, research and purchase goods and products of value to them. eZuz has offices in New York, Tokyo, Seoul, London, Montreal and Vancouver.
http://www.ezuz.com
http://www.ezuz.net
http://www.ezuz.ca
http://www.ezuz.co.uk
http://www.ezuz.co.jp
Contact:
Tinu Mathur
eZuz.com Inc.
Tel. +1.800.993.4222
tinu@ezuz.com
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