BOCO and One World LED Establish Technology Cooperation

On Friday 28th of February, 2014 representatives of One World Technology of Suzhou and One World LED PTY LTD of Australia were invited for a meeting with Bright Oceans Corporation (BOCO) in Beijing, China to discuss potential hi-tech cooperation.

Schumann Rafizadeh, a Director of One World LED noted “this is a significant achievement for Australia’s high-tech industry. We are excited about prospects of cooperation between One World companies and BOCO.”

BOCO’s senior management were impressed with the vision, the presentation of patented technologies, and credentials of the One World team. This meeting concluded with BOCO representatives expressing their interest for escalating the relationship to the next level by entering into a NDA as well as establishment of future partnerships to advance research and technology.

This meeting enjoyed the privilege of the Chairman of BOCO, Dr. Deng who explained, “One World’s patents and technology are very innovative and both companies would undoubtedly benefit from further cooperation.” Dr. Deng further expressed his personal pleasure with professionalism of those present at this important meeting for One World LED of South Australia. This is a first such achievement for a South Australian high-tech company.

About Bright Oceans Corporation of China (BOCO)

More than 20 years of ceaseless solid work, constant innovation and tenacious struggles have transformed Bright Oceans Corporation (BOCO) from a research institute into a high-tech industrial group which is mainly engaged in IT, energy, resources, new materials and biochemical technology. BOCO is one of the first groups of “Key National Hi-Tech Enterprises” recognized by the Ministry of Science and Technology. BOCO was also recognized as the “Innovation-Oriented Enterprise” by the Ministry of Science and Technology, State-owned Assets Supervision and Administration Commission under State Council, and All-China Federation of Trade Unions. Over the past decade, BOCO and its holding companies have paid accumulated taxes of more than 2.5 billion RMB and donated over 160 million RMB for social welfare undertakings, showing the potential for healthy and sustainable development.

Visit http://www.boco.com.cn for more information about BOCO.

About One World LED PTY LTD

One World LED is a South Australian joint venture established via funding provided by GEMSA and its manufacturing affiliate, One World Technology of Suzhou. One World LED aims to become a leading global provider of large full color LED digital displays for indoor and outdoor applications. Visit www.oneworldled.com for more information about One World LED products.

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