Mar 12, 2008

Northgate Technologies - Press Release 12th March 2008

Northgate Technologies - Press Release

Northgate Technologies Ltd has informed that Globe7 HK Ltd, a diversified Web 2.0 development Company, and Tencent Holdings Ltd, owners of China's largest Internet portal, have announced a strategic partnership for building and marketing a student-oriented social networking platform for China.

Called Longhaier, the Internet portal will offer online forum, campus information and gates, and other interactive Web applications, and also will provide extensive information on study abroad, job placement and scholarship opportunities, the Companies said.

"We are delighted to work with a Company of Tencent's stature, and we believe this Internet portal can be both a highly popular and useful to young people simultaneously," said Clayton Haswell, president and CEO of Globe7.

Longhaier will offer opportunities for teenagers and students to share their lives and communicate with each other. The site will help students prepare for academic testing; find jobs, and will also provide online communities, gaming and entertainment.

"We are pleased that Globe7 has chosen QQ to market Longhaier," said Mr. Martin Lau, president of Tencent Inc. He said Longhaier will contribute to the popularity of other QQ products, such as QQ Instant Messenger, QQ Mail and QQ Games. "This will be a great opportunity to showcase our promotional strengths and showcase our approach to building a friendly Internet community."

Tencent has successfully created a large Internet community with QQ.com, which has wide popularity, particularly among young Internet users. QQ is a leader in expanding ways of using the Internet.

Globe7's parent Company, India-based Northgate Technologies Ltd, created BharatStudent, one of India's largest and fastest growing social networking sites, with an emphasis on students and education.

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