| |
E-Commerce Firm, Orbit,
Enlists IPTV Business Technologies Advice
Other Topics:
IPTV Digital Signage,
IPTV End to End System
PureNet.Tv Canada, Inc.
January 25, 2007
Toronto, Canada - E-commerce firm, Orbit, and its major shareholder,
PureNet.Tv Canada Inc., in connection with completing due diligence
on partnering and deploying IPTV business and IP technologies in
China, have retained Deacons to act as legal counsel on behalf of
the companies.
Douglas C. Lloyd, President and CEO of Orbit commented, "We are
delighted to have appointed such a well respected and recognized law
firm as Deacons which will become one of our critical advisors in
assisting in completing the companies' business opportunities and
look forward to completing our negotiations which the companies have
been working on in China over the past few months. The appointment
will aid OECI/PureNet to complete their business plans in the
required time frame allowing the companies to execute IPTV business
in the largest market in the world." |
|
|
|
|
|
|
Deacons is one
of the most prominent and experienced law firms in Hong Kong. Its
history dates back to the 1850s, when its founders were among the
first to practice there. The firm has a strong record involving
China business, including providing advice on joint ventures,
investment regulations, intellectual property, finance, technology
and communications Deacons are experts in Banking, Finance,
Communications and Technology, Company Formation and Corporate
Services, Corporate Finance and Capital Markets, Entertainment and
Media, Financial Services, Intellectual Property, M and A and
Commercial, Private Equity and Venture Capital and other areas.
Orbit E-Commerce Inc. was established in 2000 for the purpose of
capitalizing on management's vision and expertise in the field of
Internet Protocol (IP)-based communications systems, products, and
services. OECI and PureNet are dedicated to extending their
communications vision and expertise into the market for IPTV
video/internet services, which is poised to experience rapid growth.
A private company incorporated in the Province of Ontario, Canada,
PureNet is a privately funded company which was formed to research
and develop highly competitive IPTV technology and services and
establish relationships with video content providers and equipment
suppliers.
Deacons is a leading business law firm with a network of affiliated
firms comprising over 900 legal professionals across the region.
They provide an extensive range of legal and commercial services to
local and international corporations with business interests
throughout Asia. With over 150 years of experience in providing
legal services, their clients are assured of the integrity and
stability of one of the region's oldest and most respected law
firms. Beyond Hong Kong and the People's Republic of China, Deacons
has established offices or affiliates in Australia, Indonesia,
Malaysia, Singapore, Taiwan and Thailand, ensuring we are
conveniently located to provide market-sensitive legal advice. Their
principal service areas include Banking and Finance, China Trade and
Investment, Communications and Technology, Company Formation and
Corporate Services, Construction and Arbitration, Corporate Finance
and Capital Markets, Entertainment and Media, Financial Services,
Human Resources and Pensions, Insolvency and Restructuring,
Insurance, Intellectual Property, Japan Services, Litigation, M and
A and Commercial, Private Equity and Venture Capital and Property.
For more information about PureNet.TV, please visit: www.purenet.tv
To learn more about OECI, please visit: www.orbitecommerce.com.
For more information about Deacons, please visit:
www.deacons.com.hk. |
|
Back to Newsroom |
|
