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Re-Launch of AsiaTradeHub.com  (February 16, 2001)

Matrix net-on-line Limited re-launched improved AsiaTradeHub, A Trading Platform with New Look and additions. Considering the Growth of Trade activities in Asia after effective WTO Agreements implementation, the Platform like AsiaTradeHub will become true Asia Source Platform, Matrix added feature of Membership to Trader/ Manufacturers to sell their Products from One Platform and tab bigger Market. This service will be offered to best Trading & Manufacturing Companies in Asia after internal scrutiny of  reliability and Position in Local Market. Matrix net-on-line decided to offer this service with nominal annual fee and  service charge on orders procured through AsiaTradeHub. To make such scheme of Membership more effective, Matrix will use their Global Partner Somap Group of U.K. through their office network in Asia ( Korea, Singapore, Dubai etc.). Matrix net-on-line will launch Marketing through local Marketing Companies in Asian Countries to have broader platform and would like to tab at least 200 active Trade Members in next One Year.

At the moment AsiaTradeHub has 250 General Registered Companies from Worldwide using AsiaTradeHub General Trading Platform and they can choose, negotiate and order products from Trade Gallery in addition to General Trade Sections. Matrix Executive Body feels that with New Look and additional features.

Matrix can manage Business activities of US$ 7-10 Million in First Year of Operation and can Generate Profits within 2001-2002 fiscal year positively.


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