|Contents||The Board of Directors of M3Tech is pleased to announce that on 24 December 2010,|
M3Tech had entered into a joint venture agreement (“JV Agreement”) with Lim Cheng
Mong (“LCM”) and Nexgen Studio Pte. Ltd. (“Nexgen”) (collectively referred to as the
"JV Partners") for the purpose to pursue the new business segment involving
eEducational Service (“Agreed Business”) [“Proposed JV”].