The OTC Report Announces Global National Communications Corporation Acquires All the Assets of Richview Digital Technology Co. Ltd.

December 04, 2004 (PRLEAP.COM) Business News
LAKE HARMONY, PA — The OTC Report recommends Global National Communications Corporation (OTC BB: GLNC) which announced it has acquired all the assets of Richview Digital Technology Co. Ltd (Shenzhen). This acquisition will not create dilution to our existing shareholders in (GLNC). Mr. Wang Hanqing is quoted as saying, "I have agreed to transfer 2 million of my own shares to the shareholders of Richview Digital Technology Co. Ltd."

About Richview Digital Technology Co. Ltd.

Richview Digital Technology Co. Ltd. is a manufacturer of name-brand Digital satellite receivers, digital set-up boxes and is also in the development sales stage of DVB terminal equipment and systems. The company is presently selling receivers in the Asian markets and has recently entered the Canadian market. It has already obtained a 30 percent market share in Canada in the first year, and is expecting to commence sales into the U.S market by 2005.

Other active stocks are Interchange Corp (NASDAQ: INCX), Tegal Corp (NASDAQ: TGAL) and Sirius Satellite Radio Inc. (NASDAQ: SIRI).

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