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03/20/03 SageGroup Strategies and Nimbus Enterprises Announce Global
Sourcing Strategic Alliance
Irvine, CA and Alameda, CA -- March 20, 2003 -- SageGroup Strategies
and Nimbus Enterprises announce that the two international firms
have formed a strategic alliance in global sourcing. Nimbus is
experienced in international sourcing throughout the world, with
a special current focus on China and elsewhere in Asia. SageGroup
is the largest Professional Troubled-Company Specialist firm in
the USA and the world, often with clients needing international
sourcing arrangements or improvements thereof.
The SageGroup/Nimbus strategic alliance has four main priorities:
A) helping North American companies become more profitable by
cutting costs throughout the supply chain and setting up global
sourcing operations; B) helping Chinese companies increase sales
in the USA; C) helping North American companies establish themselves
in China and elsewhere in Asia by setting up representative offices
{sales, quality assurance, customer service, sourcing, etc.},
locating sites for manufacturing operations, conducting marketing
studies, and various other services; D) helping Chinese companies
establish themselves in North America by setting up representative
offices, conducting marketing studies, creating marketing plans,
and various other services.
In relation to China and China-related companies, the SageGroup/
Nimbus strategic alliance will work very closely with the Beijing
International Business Consultant & Service Center (BIBCS). BIBCS
and SageGroup Strategies already work closely together under
a broad-scope international agreement signed in Beijing and the
USA earlier this year. SageGroup's Beijing Office is located at
BIBCS's Beijing headquarters office.
BIBCS is an important, well-established, well-connected China entity.
Under the Chinese governmental structure, BIBCS is an important part
of a huge system that reaches into every part of China and is very
important and influential throughout the country. BIBCS itself is directly
part of the Beijing Science & Technology Committee, which in turn is
directly part of the Science & Technology Committee of China. The
Chinese Ministry of Science & Technology is very, very important in China.
SageGroup/Nimbus plans to introduce many companies to BIBCS, especially
those who can benefit from BIBCS's strong experienced services in
such areas as: A) being agent for Chinese enterprises to promote their
products into international markets, and assisting foreign enterprises to
market their products or technologies into China; B) providing business
consultation and other related services to foreign enterprises and
investors in market research and joint venture arrangements as well
as language translation; C) assisting foreign enterprises to establish
their representative organizations in Beijing; D) providing various
specialists and employees for foreign enterprises' representative offices
in Beijing; and E) providing related and other appropriate services.
In addition, it is expected that BIBCS and SageGroup/Nimbus
(coordinated through SageGroup's internationally-focused
China Division) will work closely with China-based and USA-based
troubled companies, helping them to get out of trouble and growing
and developing well, including within both countries where appropriate.
SageGroup/Nimbus will use SageGroup's Beijing Office whenever
appropriate. This Office is based at the BIBCS headquarters,
No.16 Xizhimen Nan Dajie, Beijing 100035, China, with phone calls
directed to Mr. Simon Xu (Xu Dong) at phone number 86-10-66175895.
For maximum confidentiality and effectiveness within the USA, all initial
SageGroup inquiries are directed to Larry Lindsey, a SGS Managing
Director and a SGS China Division Co-Manager, at the SGS National
Coordination Office, phone number (510) 865-2480. And, all initial
inquiries to Nimbus are directed to Thomas Murray, its president, at
phone number (949) 584-7516. To deepen the SageGroup/Nimbus
relationship, Mr. Murray has also concurrently joined SageGroup.
ABOUT SAGEGROUP STRATEGIES
SageGroup Strategies is the largest Professional Troubled-Company
Specialist firm in the United States and the world. Besides being very
experienced and knowledgeable, SageGroup emphasizes being very discreet,
working with absolute confidentiality and behind the scenes whenever
necessary. As part of its strict confidentiality policies, SageGroup has
never disclosed or publicized the names of its clients. More information
about SageGroup Strategies is available at: www.SageGroupStrategies.com
ABOUT NIMBUS ENTERPRISES
Nimbus helps companies dramatically increase profits by cutting costs throughout the supply chain. As a company's supply chain partner, Nimbus can help a company design a long-term supply/manufacturing strategy and set up a global sourcing operation to support it. In addition, Nimbus can also help a company expand overseas sales with a comprehensive global marketing strategy. Nimbus can help a company implement operationally any international business plan. Nimbus has helped a wide variety of governments, business agencies, and companies, including both Fortune 300 companies and start-ups.
MEDIA CONTACT:
Larry Lindsey
National Coordination Office
SageGroup Strategies, Inc.
1370 Third Street, Suite 110
Alameda, CA 94501
(510) 865-2480 Phone
(510) 865-6654 Fax
SGS@SageGroupStrategies.com
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