2007'02.11.Sun
Dalian High Tech Industrial Zone Admin Commission Signs 250 Million USD Real Estate Lease and Investment Agreement with Trussnet to Develop Service Residence, Office Building and Convention Center

November 16, 2006

IRVINE, Calif., Nov. 16 /Xinhua-PRNewswire/ -- Trussnet USA Development Co. Inc. ("Trussnet"), a member of the Trussnet family of companies, a global leader in architectural and engineering services, telecommunication networks, high-tech facilities, turn-key development projects and business hotels announced today that it has signed a 250 million USD strategic development agreement with the Administration Commission of the Dalian High Tech Industrial Zone ("Zone") Commission to develop a service residence, office towers and convention center in the Chinese city of Dalian. "This agreement will result in the construction of 5-Star service residence in the heart of the Zone. These facilities will be able to accommodate global business travelers who attend what are expected to be over 50 domestic and international exhibitions each year in Dalian. It will also result in the construction of an office complex and convention center. We are grateful to the Commission for its confidence in our ability to design, build and manage this project," said Colin Tay, Chairman of the Board of Trussnet. About Dalian High Tech Industrial Zone The Dalian High Tech Industrial Zone ("Zone") is a national Industrial Park approved by the State Council of Dalian Province of China in 1991. It is also a Chinese first class software park, meeting international standards and a software export base approved by the Ministry of Science and Technology. The largest and best training institute for software in the China -- NEUSOFT Institute of Information Technology -- is located in the Zone. The DD Port of the Zone has been recognized by the Chinese Ministry of Science and Technology as the Dalian DD Port Bio-Tech & Pharmaceutical Industrial Base of the China Torch Program. The Chinese Academy of Sciences has set up the Hi-Tech Industrial Incubation Fund within the DD Port and encourages their affiliating institutions to localize their achievements to the port. They have also established a talents training base in the DD Port. For more information, please visit their web site at http://www.dlhitech.gov.cn:8090/english/en_zhaoshang/index.asp . About Trussnet USA Development Co. Inc. Headquartered in Irvine, California, United States of America, ( http://www.trussgroup.com ) Trussnet provides professional services in planning, architecture & engineering, turnkey development, finance, manufacturing, construction, project management, telecommunication networks, high-tech facilities and business hotels throughout the United States, China and Southeast Asia. Trussnet knows what Eastern and Western international business requires. It also understands and appreciates the importance of properly fusing the culture of the United States with the cultures in China and Southeast Asia. Trussnet has patiently developed long standing, personal relationships in China and Southeast Asia that have enabled it to successfully market its services throughout China and Southeast Asia. Understanding and embracing the cultures of the Eastern and Western part of the globe, together with these personal relationships, are the key elements to the international language of business. These elements are understood and embraced by every member of the Trussnet organization. While these elements are continually evolving and maturing, they still represent the foundation of Trussnet, as it further expands its worldwide operations. For more information, please contact: Richard Thomas Trussnet USA Development Co. Inc. Tel: +1-949-585-0222 Email: rthomas@trussnet.net SOURCE Trussnet USA Development Co. Inc.
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