ATTENTION: We have recently purchased several web properties,one of which you are represented as a registered user. If this is not so...Please follow removal instructions properly! If you respond to this mail,or use spamcop...you will continue to get our service. RemovalIntructions: Please send mail to: [EMAIL PROTECTED] ---------------------------------------------------------------- Today's Market Update ---------------------------------------------------------------- 9:45AM: The markets have opened reasonably flat. Each of the major averages trades modestly lower in early activity that lacks conviction. The market action is not surprising though with three economic releases expected at the top of this hour. Market internals on both the Big Board and the Nasdaq are also flat which fits with the lack of direction in early trading. Semiconductors are showing relative strength with the SOX posting an early 0.8% gain. Cyclicals are also strong early while financials and retail trade mixed. ---------------------------------------------------------------- Today's spotlight Company [QLNX] ---------------------------------------------------------------- Quintalinux Limited in iOffice2000 Marketing Agreement With Acer Computer HONG KONG--(BUSINESS WIRE)--May 23, 2001--Quintalinux Limited (Company) (Nasdaq:QLNX - news), a leading technology provider in the Peoples Republic of China and Hong Kong, offering innovative, high technology solutions for intelligent buildings, interior construction, systems design and integration, and Linux development, today announced a marketing agreement with Acer Computer Ltd. (Acer), a world-leading computer manufacturer, under which the Company's iOffice2000 Web-enabling groupware will be sold with Acer computers beginning May 23, 2001, and continuing on a trial basis, pending ongoing negotiations toward a definitive agreement. Through its wholly owned IT-distribution subsidiary, JEXT Co. Ltd. (JEXT), which holds iOffice2000 distribution rights, the Company will provide iOffice2000 CD-ROMs to Acer, which will be bundled with five user licenses with their Altos Server and Veriton workstation series system. iOffice2000, which enables automated daily operation and a paperless office, is a Web-based groupware that requires installation only on the server and allows users to communicate and access information using only a Web browser. Additional licensed copies will be available from JEXT Co. Ltd. for approximately US$50 per additional user. As part of a marketing strategy to launch their new bundling campaign, Acer and JEXT will participate in this year's International Computer Expo 2001, to be held from May 24 through May 27, 2001. The Expo is Hong Kong's largest and oldest technology industry event, attended annually by industry and trade professionals, from manufacturers and distributors to end-users. The show is expected to generate strong interest in the new packaging, since Acer will be displaying and promoting iOffice2000 together with its hardware. Quintalinux Chairman Mr. Chu Tat commented: ``We feel that bundling groupware with computing hardware will prove to be an effective marketing strategy to reach a larger audience and increase sales, since bundling will allow the computer's functions to be easily and immediately enhanced with an important Web-enabling capability. Thank You
