ASIANET: VisionGlobal Signs with J. Walter Thompson (Nasdaq: WPPGY)

ข่าวต่างประเทศ Wednesday December 8, 1999 21:15 —Asianet Press Release

SAN FRANCISCO, Dec. 8 /PRNewswire-AsiaNet/ -- VisionGlobal Corporation, (OTC Bulletin Board: VIZG) a high-speed "broadband" wireless network solution provider, is pleased to announce that it has reached an agreement with J. Walter Thompson Advertising Agency to handle the Company's branding, vision, advertising, paid media and direct-to-consumer/business marketing strategies. J. Walter Thompson, a division of the WPP Group, plc., is the fifth largest Agency network in the world with billings of $8.5 billion and 252 offices in 87 countries. J. Walter Thompson, established in 1864, is as solid as the "Rock of Gibraltar" logo that it designed for Prudential in 1896. J. Walter Thompson has been a pioneer in the industry for 135 years representing high-profile clients such as Ford Motor Company, Motorola Inc., Qwest Communications International Inc., Citibank, Sprint Corp., Merrill Lynch, Warner-Lambert and Siemens. Joseph W. Hipple, CEO of VisionGlobal Network Corporation, stated, "We are ecstatic that a world class organization such as J. Walter Thompson has agreed to take on our account. Their expertise will help us to reach the top of the marketplace, execute our strategy properly and satisfy our customer needs to the fullest as we expand throughout the world." VisionGlobal Corporation feels confident that J. Walter Thompson can assist the Company in becoming a leader in the "broadband" wireless sector, which recently has attracted industry heavyweights such as SBC Communications the largest local telephone carrier in the United States to commit $6 billion over the next three years, and Microsoft's co-founder Paul Allen and MCI WorldCom investing $300 million each into Metricom. The Company is preparing to deploy a 25 Mbps data radio and fully market its "broadband" high-speed wireless solution to businesses, single-family homes, multiple dwelling units and mobile users in 50 cities throughout the United States and several international countries. The Company believes there is an increasing demand for wireless connectivity and feels that with its technology it can become a leading network provider of "broadband" high-speed wireless solutions and services globally. Note: Any statements released by VisionGlobal Corporation that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties. Actual results may differ materially from such forward-looking statements as a result of risks and uncertainties that may affect the Company's business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological and other factors discussed in the statements and in the Company's filings with the Securities and Exchange Commission. For further Company information, please Email the Company at [email protected] and visit the Company's website at: www.visionzoom.com. For further J. Walter Thompson information, please visit their website: www.jwtworld.com. SOURCE Vision Global Corporation CONTACT: Joseph W. Hipple III, CEO of VisionGlobal Network Corporation, 415-955-0585, or [email protected] Web site: http://www.jwtworld.com Web site: http://www.visionzoom.com

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