OBC.L Regulatory News (OBC)

16 Feb 2006 07:30

ALL IPO PLC16 February 2006 News Release February 16, 2006 All IPO announces Japanese joint venture company - to bring local and global IPOs to Japanese retail investors - All IPO PLC and Creative Link Corporation of Japan have joined forces to formAll IPO Japan. All IPO, the online IPO platform for retail investors, is pleased to announcethat it has signed heads of agreement for the formation of a joint venturecompany with Creative Link Corporation of Japan. The joint venture company will be based in Tokyo and will operate the All IPOplatform in Japan. These services will be aimed at the local Japanese market andwill provide local and global IPOs to investors by utilising All IPO'stechnology platforms. During the start-up phase of the joint venture, All IPO will be responsible forthe technical aspects of the launch, while Creative Link will be responsible forregulatory permission, local marketing, customer support and finance of theoperation. Clem Chambers CEO of All IPO commented: "We are delighted to be moving aheadwith the All IPO Japan project. Japan is an exciting market and Creative Linkare strong and proven partners for this development." - Ends - NOTES TO EDITORS For further press information, please contact: Francesca De Franco on 020 70700932 E-mail francesca@allipo.com About Creative Link Creative Link Corporation is a Tokyo-based internet company that has incubated,grown and spun off many services since its founding in 1985. As the online media asset representative and technology partner for AgenceFrance Presse in Japan, CLC localizes and delivers AFP's content in real timevia all the major cellphone companies. A broadband service will be announcedshortly. CLC is working with ADVFN PLC and is a partner in ADVFN Japan. CLC provides consulting and market entry services to many companies both insideand outside Japan. CLC is backed by some of the largest companies in Japan. Its shareholders include: ITOCHU CorporationBANDAI Networks Co, LtdNTT DATA CorporationBellsystems24 Inc About All IPO All IPO (www.allipo.com) provides a fully electronic end to end solution tobrokers and issuers who wish to raise funds by approaching retail investors. All IPO offers a fully automated platform for retail investors to take part inIPOs. Retail investors, who have registered with All IPO, are also able to signup to receive email news alerts of upcoming IPO activity. Once an on-line moneylaundering check is passed, registered members are able to view publicprospectuses on-line and then apply and pay for their subscription. Membership to All IPO is free. To sign up visit www.allipo.com and click "Signup now". This information is provided by RNS The company news service from the London Stock Exchange