!!!!NEWS!!!!YAHOOOO!!!!!!LOS ANGELES--(BUSINESS WIRE)--June 15, 2000--
Sinobull.com To Co-Brand Content with Yahoo! China Finance
The Hartcourt Companies Inc. (OTC:HRCT; Frankfurt: HCT), www.hartcourt.com, today confirmed that its subsidiary, SinoBull Group, has signed a profit sharing content license and usage agreement with Yahoo! Holdings Ltd., the Hong Kong subsidiary of Yahoo! Inc. (NASDAQ:YHOO). The agreement calls for Yahoo! China to host a number of co-branded pages containing proprietary financial content provided by SinoBull, including: http://cn.biz.yahoo.com/fnews/sinobull/, http://cn.biz.yahoo.com/fnews/general/sinobull/, http://cn.biz.yahoo.com/fnews/individual/sinobull/, and http://cn.biz.yahoo.com/fnews/domestic/sinobull/. Under the terms of the agreement, SinoBull Group has licensed to Yahoo! Holdings global non-exclusive rights to deliver proprietary SinoBull content over the Internet or any wireless or electronic format delivering Yahoo! media. Yahoo! can modify, copy, publish, show, or transmit the licensed content, including but not limited to Chinese formats. SinoBull has also licensed to Yahoo! Holdings the global non-exclusive right for Yahoo! users to download and print the licensed content for personal usage. The agreement defines a fee-based and advertising profit sharing arrangement between Yahoo! Holdings and SinoBull from those content pages containing the SinoBull trademark or logo. Dr. Alan Phan, Chairman & CEO of Hartcourt commented, "We are certainly pleased to be chosen as a financial content service provider for Yahoo! China. It proves that our Sinobull.com is not just a leading online financial portal. Based on our subsidiaries' past successful track records, SinoBull Group is offering the most advanced IT solutions and content to financial industries and other major media partners in China."
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