Major US and Thai Groups Partner to Create Online Marketplace for Thai Exporters
November 27, 2000

Bangkok, Thailand and San Francisco, CA, November 27, 2000 - US based MeetChina.com, operator of China's leading ecommerce cross border trade portal, and Thailand.com a subsidiary of Nation Multimedia Group PCL announced today plans to form a joint venture aimed at giving Thai exporters the ability to trade directly with overseas buyers through the Internet.

Thailand.com operates a successful channel dedicated to serve the needs of Thai exporters and by teaming up with MeetChina.com, Thai suppliers will now have the ability to promote their products globally using online tools to manage every aspect of cross-border trade, from discovery to delivery of products.

"We are very excited about partnering with one of the leading Internet portals in Thailand. Thailand.com's strong local operations, relationship with local trade service partners, and experience in marketing to exporters will give our new venture an upper hand in becoming one of the most successful B2B sites in Thailand," said Len Cordiner, MeetChina's Chief Executive.

"Thailand.com's initiative with Meetchina.com will put us as a clear leader in the online export/import marketplace arena in Thailand. We will be the most comprehensive export portal, bringing Thai exporters to a very large population of global buyers," said Mr. Thanachai Theerapatvong, Nation Group and Thailand.com Chairman and CEO. " Exporters will be able to trade online with all features such as negotiation, logistics, insurance, inspection, payment, trade finance, customs clearance, and other key features necessary to the global trade,"

The Thai government estimates there are approximately 20,000 active export companies in Thailand, with Thai merchandise exports expected to reach USD 70 billion in 2001.

About MeetChina.com http://www.meetchina.com
Based in San Francisco with operations throughout Asia, MeetChina.com is a global cross-border trade portal and operates China's largest business-to-business (B2B) site. MeetChina has recently announced ventures in the Philippine, India and Vietnam and plans to open a number of other country operations throughout Asia in the near future.

The vision of MeetChina.com is to level the playing field in global trade by using the Internet to allow buyers and sellers to access one another directly and to trade free of many of the traditional impediments and costs. MeetChina is working with world class trade service groups in order to enable this service including SGS for quality inspection, AIG for marine insurance, Citibank and First Union Bank for cross-border payment facilitation, and a number of leading freight forwarders for logistics.
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About Thailand.com http://www.thailand.com
Thailand.com is Thailand's only website dedicated to becoming the Internet gateway for information and services about Thailand and Southeast Asia.

Backed by one of Southeast Asia's leading media companies, the Nation Group, thailand.com currently operates five content channels in the areas of Travel, Shopping, News, Business & Finance and Exports.

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