Forlink Software Corporation, Inc. Completes the Merger with Beijing SLAIT Science & Technology Development Limited Co.   BEIJING - (BUSINESS WIRE) - Aug. 27, 2001 - Forlink Software Corporation (OTCBB: FRLK - news), a Beijing-based software developer and integrator, announced today that it has completed the transaction to acquire Beijing SLAIT Science & Technology Development Limited Co. ("SLAIT"), a privately held Chinese corporation. Detailed information regarding the acquisition can be found in the Definitive Information Statement filed with SEC on 7/24/2001, which is available at http://www.freeedgar.com/search/CompanyList.asp?UseFrame=1. SLAIT was founded in January of 1998 and is specialized in large volume transaction processing software for networks such as mobile phone billing and bank operations. SLAIT's clients include telecom companies, insurance companies and banks. SLAIT's year 2000 revenues were approximately $2,640,000 and the company is profitable. The union with SLAIT allows Forlink to bid for larger integration contracts. Forward-looking statements in this release are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and technological changes, the company's dependence upon third-party suppliers, intellectual-property rights and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. NOTE ON FORWARD-LOOKING STATEMENTS: Statements herein contained that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the US Securities Act of 1998, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. These forward-looking statements are made based upon information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, the company's ability to continue to develop its market, general economic conditions and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission. Forlink, the Forlink logo and Services are trademarks of Forlink Software Corporation Inc. All other trademarks are the properties of their respective owners. For more information about Forlink, please visit http://www.forlink.com.cn Contacts: Forlink Software Corporation Inc. Grace Tan, Investor Relations Assistant 8610-68118866 ir@forlink.com   [ Close ]