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BW: Bluepoint, a Leading Chinese Linux Provider, Commenced Trading Today

Mar 06, 2000, 21:11 (0 Talkback[s])

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"Bluepoint Linux Software Corp. (OTCBB:BLPT) of Shenzhen, China, announced that its common shares began trading in the United States today on the OTC Bulletin Board."

"The company believes that it is the first publicly traded Chinese company entirely devoted to the development of the Linux operating system. The Bluepoint Linux Software Corp. capital structure is represented by a total of 20 million common shares, of which 4.5 million shares are in the float."

"The company's focus is the continuing development of the Linux operating system and embedded Linux platforms, as well as the delivery of related value-added services and support to its users. The company recently released the first true Chinese Linux operating system, which is marketed as 'Bluepoint.' "

Press Release