American Pacific Rim Commerce Group to Revise Guidance Upward

CITRA, Fla., Aug. 19 /PRNewswire-FirstCall/ -- American Pacific Rim Commerce Group (Pink Sheets: APRM) (www.aprcg.com) announces today the Company will revise 2010 guidance, based on recent data from the CNNIC's 23rd report on internet development in China. CNNIC, stands for "China Internet Network Information Center," a government organization reporting on internet development.

The report from the CNNIC (www.cnnic.net.cn) underscores the growing size of internet usage among Chinese consumers. In 2009, the number of Chinese Internet users grew by 86 million -- more than the total population of Germany -- or a rise of 28.9 percent compared to the end of 2008. The survey found 29 percent of China's 1.3 billion people are now internet users.      

Stated, Raymond Talarico, President, "This comes as no shock to us, as we recognized where the market was going, and have a plan in place to monetize the growth.  Clearly, the numbers establish China as the world's largest online community, greater than the entire population of the United States; as such, we will be revising our guidance upward."

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 & Medium Size Businesses (SME) to consumers in Hong Kong and China through our proprietary e-commerce platform.  APRM is a first mover providing SME's transactional-based solutions; promotions, sales, logistics and currency conversion that will establish our backbone as the leading on-line marketplace between Chinese consumers and SME's, launching 'mymyj' (loosely translated); "Buy & Sell Festival" in China, 4th Quarter 2010.

Safe Harbor Disclosure:

This press 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 correct. Important factors that may 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 press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.    

SOURCE American Pacific Rim Commerce Group

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED