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Global Agora China Inc. ("GAC"), a Hong Kong corporation, has developed and deployed (Opening Ceremonies July 28, 2001) a proprietary "wireless shopping" technology platform ("Platform"). This platform currently enables mainland China for wireless shopping which allows consumers for the first time to use wireless Internet (WAP) phones to browse, pay, and take delivery of virtually everything available to Chinese retail consumers.

The company's fulfillment partner,
Wuhan Department Store Group, is the most profitable publicly-traded retail chain in China. It is under the aegis of the National Trade Union of China (the"NTU"), a retail industry group of 20 state-controlled department store chains with revenues in excess of RMB 40 billion ($5 billion US).

A select number of VIP shoppers ("VIP") can presently order from over 40,000 items of merchandise using Internet (WAP) enabled phones. GAC wireless retailing is available to Wuhan Plaza's top VIP shoppers whom account for $80 million U.S. annually in retail sales. Next, the service will be made available to the VIP shopper base of the other NTU members' whom account for RMB 37 billion ($3.5 billion U.S.) annually in retail sales throughout all major markets in China. Ultimately, we will pursue deeper market penetration into the burgeoning general populace.


  

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