Z-Obee

Z-Obee wholly-owned subsidiary Zeus has inked a second co-op agreement with Shenzhen Jinzunzhe Technology (SJTL) to provide a minimum of 200k units of 3G netbooks as end products to SJTL over a 2-yr period. SJTL will in turn sell the 3G netbooks to a PRC Telecom operator. The previous agreement relates to Zeus’ provision of CDMA mobile handsets to SJTL While no contract values were announced, the agreements underscore Z-Obee’s ability to expand further into the high-tech products segment (netbooks, computer chips and other IT communication devices and terminals).