Attached files
file | filename |
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8-K - LOGIQ, INC. | v205619_8k.htm |
EX-10.1 - LOGIQ, INC. | v205619_ex10-1.htm |
Exhibit
99.1
SINOBIOMED ANNOUNCES ACQUISITION OF DATA CENTER
ASSETS
Hong Kong
– December 15, 2010 – The Board of Directors of Sinobiomed Inc.
("Sinobiomed" ) (Pink OTC Markets: SOBM.PK) is pleased to announce the
acquisition of all data center assets from Keychain, Ltd. (“Keychain”), a Hong
Kong limited company, specializing in international telecommunications
consulting, management and hosting services on behalf of clients with strategic
connectivity and network infrastructure requirements in major world cities.
“We believe that the acquisition of the Keychain data center
assets will enable Sinobiomed to utilize Keychain’s extensive telecommunications
infrastructure and expertise, and pursue further growth initiatives,” said Mr.
George Yu, Sinobiomed’s Chief Executive Officer.
Safe Harbor
Statement
This release may contain certain "forward-looking statements"
relating to the business of Sinobiomed, Inc. and its subsidiaries (the
“Company”). All statements, other than statements of historical fact included
herein are "forward-looking statements," including statements regarding: the
ability of the significance of the Keychain asset purchase agreement on the
Company’s business and operations; the Company's ability to otherwise achieve
its commercial objectives, including its ability to utilize Keychain’s extensive
telecommunications infrastructure and expertise, and pursue further growth
initiatives; the business strategy, plans and objectives of the Company and its
subsidiaries; and any other statements of non-historical information. These
forward-looking statements are often identified by the use of forward-looking
terminology such as "believes," "expects" or similar expressions, and involve
known and unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are reasonable,
they do involve assumptions, risks and uncertainties, and these expectations may
prove to be incorrect. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this press
release. The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic reports that are
filed with the Securities and Exchange Commission and available on its website
(http://www.sec.gov). All forward-looking statements
attributable to the Company or persons acting on its behalf are expressly
qualified in their entirety by these factors. Other than as required under the
securities laws, the Company does not assume a duty to update these
forward-looking statements.
SINOBIOMED INC. | |
Room 4304, 43/F China Resources Building | |
26 Harbour Road | |
Wan Chai | |
Hong Kong | |
INVESTOR RELATIONS: info@bay2peak.com |