As a result of a new strategic partnership, Beijing Hitech, the largest distributor in the publishing industry in mainland China, will act as a distribution partner and service centre for AsiaWeb ASP’s publishing system.
“This team is already making major inroads for AsiaWeb ASP into the China publishing market,” said Laurie Kan, CEO of i100 Limited, a convergent Internet, telemedia and technology company in Asia Pacific.
“This is only AsiaWeb’s first major initiative to penetrate the Mainland China market. Following China joining the World Trade Organization, we foresee an exponential growth in the demand for a comprehensive and reliable system for the publishing industry in China. AsiaWeb ASP is the first and only solution provider to tap this growing demand with a proven and established product, “ said Terrence Fok, president of AsiaWeb ASP.
“We are confident that the introduction of AsiaWeb’s publishing system will expedite a major publishing revolution in Mainland China,” said Li Wen Ping, general manager of Beijing Hitech.
Beijing Hitech S&T works in the development, integration and sales of publishing and application network systems in China, with a market share of 35% in China’s publishing market. Its clients include news publishing, printing, education, finance and government institutions. Major clients include People’s Daily, China Daily, Chinese Academy of Science, Beijing Polytechnic University and Beijing Institute of Technology. Beijing Hitech has been appointed by various multi-nationals including Apple, IBM, Dell and Agfa as their gateway to the China market.
With the reach of BH’s 60 distribution channels, AsiaWeb will be able to penetrate both the traditional and electronic publishing industries. Plans are under way to set up offices in Guangzhou and Beijing and organize nation-wide seminars to reach every customer.
AsiaWeb ASP was established in Hong Kong in 1986 and is the only complete solution provider, from editorial to publishing, in the Chinese publishing market. i100 acquired an interest in AsiaWeb ASP in June 2000, and began to accelerate the development of Application Service Provider and Internet Publishing Systems businesses in Greater China.
The company has been producing advertising systems, editorial workflow systems, web publishing services, media publishing and productions systems for many of the leading media and advertising publications in Hong Kong, Taiwan, Singapore and Malaysia. Its clients include Apple Daily, Oriental Daily News, The Sun Daily, Hong Kong Economic Times, Taiwan China Daily News, the Taiwan Times, Singapore Press Holdings (Singapore LianHe Zao Bao, LianHe Wan Bao, Shin Min Daily News), China Press (Malaysia) and two leading magazine publishers in Hong Kong, TVEI Hong Kong and South China Media. Based on newsprint circulation numbers, AsiaWeb ASP services Chinese-language publications with 85% market share in Hong Kong, 100% in Singapore and 40% in Taiwan.
Through new business creation, acquisitions and accelerated commercialization of new technologies, i100 continues to build a premier network of collaborative Internet, telemedia and technology businesses in the Asia Pacific Region. i100’s company-building strategy is concentrated in 5 sectors: Wireless, Broadband, Financial Services & Online Security, Telemedia and E-commerce/ASP. The i100 network includes OnAir100, Ask100, FoodNet100, AsiaWeb ASP and Windhorst Asia.