American Pacific Rim Commerce Group and One World Ventures, Inc. Sign Letter of Intent to Enter Into Exclusive Distribution Agreement in China

Tue Nov 3, 2009 9:30am EST
 
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American Pacific Rim Commerce Group and One World Ventures, Inc. Sign Letter
of Intent to Enter Into Exclusive Distribution Agreement in China



CITRA, Fla., Nov. 3 /PRNewswire-FirstCall/ -- American Pacific Rim Commerce
Group (OTC: APRM.PK) (www.aprcg.com) and One World Ventures, Inc. (OTC:
OWVI.PK) (www.1worldventures.net), today, announced the signing of a Letter of
Intent (LOI) to enter into a exclusive Distribution Agreement, whereby One
World Ventures will provide certain proprietary web-based fulfillment,
processing and distribution methodologies in China to American Pacific Rim
Commerce Group's Chinese business and retail customers.

The LOI provides for American Pacific Rim Commerce Group to exclusively
utilize the processing technologies, logistic and distribution methodologies
of One World Ventures, Inc. in exchange for a progressive percentage of gross
margins of revenue generated by APRM's Chinese B2B and B2C website.

American Pacific Rim Commerce Group projects fiscal 2010 revenue to be
$12,679,040 and will generate minimum fees and distribution payments of 12.8%
to One World Ventures, Inc. of $1,622,917, increasing to 18.0% or $2,282,227
based on utilization, recurring revenue and additional services as may be
requested by APRM.  Cost savings to American Pacific Rim Commerce Group under
the terms of the final Agreement are offset 9.2% or $1,170,000 as a result of
reduced Costs of Goods (COG) and transaction fees.  

Mr. Raymond Talarico, President of American Pacific Rim Commerce Group,
stated, "We're please to enter into the LOI with One World Ventures as a means
to fast-start our business model and maintain our 'First-to-Market' status,
and while much work still needs to be done on the Agreement, this (LOI) is a
first step towards revenue producing operations."  Further, stated Talarico,
"The management team of One World Ventures, has the resources and technologies
to get our clients' products, into the hands of our customers in China, in the
most cost-effective manner possible.  We look forward to building the alliance
between our companies for the mutual benefit of our shareholders, clients and
customers."  

Mr. Steven Prior, CEO of One World Ventures, Inc. added, "One World Ventures
has systematically acquired or developed most of the 'back-of-the-house'
functions APRM needs to fulfill, distribute and process the sale of goods and
products produced by U.S. small and medium sized businesses to buyers here in
China." Further, added Prior, "The team at APRM can focus their efforts on the
marketing side of the business model, which is their greatest strength. 
APRM's management team are experts at attracting small and medium sized U.S.
businesses, who want to sell their products and services to the growing
Chinese consumer market."   

ABOUT APRM:
American Pacific Rim Commerce Group is a development stage Company marketing
"Made in the USA" products and services manufactured by U.S. Small and Medium
Size Businesses (SME) to consumers in Hong Kong and China through its
proprietary e-commerce platform.  APRM is the first mover in the space to
provide transactional-based solutions for small and medium sized U.S.
businesses to promote, sell and communicate with willing buyers in Hong Kong
and China.  APRM provides real-time promotion; sales, logistics and currency
conversion in the form of modular e-strategies that we believe will establish
our e-commerce backbone as the leading on-line marketplace between Chinese
consumers and U.S. businesses.  The Company anticipates launching its branded
web space 'mymyj,' which loosely translated in Chinese, means "Buy & Sell
Festival" in the third quarter of 2009.

ABOUT ONE WORLD VENTURES, INC.:
One World Ventures, Inc. (OTC: OWVI.PK) is a holding company, with management
resources in Asia and the United States, that invests in technologies,
communities and systems that facilitate trade, finance, communication and
travel across international boundaries, cultures and languages.  Management
has substantial international experience in Central America, Africa and Asia,
setting up companies and establishing trade and commerce. The company
leverages these skills with emerging technologies and strategic alliances to
provide creative solutions and market opportunities.  The business is the
combination of 1WorldCard Limited, Tutamen (HK) Limited, "Tutamen", a
strategic product development and management resource in Asia, World Auction
LLC, "Auction", a technology developed to host online auctions and e-commerce,
1WorldCard Limited, "Card", a payroll and debit card targeting the
under-banked, and Vonsi Technologies Inc., "Vonsi", a technology providing
data recordings for VOIP systems into a public traded company, providing
increased access to capital and management and technical resources within the
subsidiary companies. These businesses together form the cornerstone of the
OWVI enterprise and give the Company the opportunity to grow exponentially in
the coming years.

Safe Harbor Disclosure: 
This release includes "forward-looking statements" within the meaning of the
federal securities laws, identified by such terms as "believes," "looking
ahead," "anticipates," "estimates" and other terms with similar meaning.
Although the Company believes that the assumptions upon which its
forward-looking statements are reasonable, it can give no assurance that these
assumptions will prove to be correct. Important factors that could cause
actual results to differ materially from the Company's projections and
expectations are disclosed in the Company's filings. All forward-looking
statements in this release are expressly qualified by such cautionary
statements and by reference to the underlying assumptions.    


SOURCE  American Pacific Rim Commerce Group

Raymond Talarico of American Pacific Rim Commerce Group, +1-352-591-1785

 

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