HARTCOURT: Weiter auf Erfolgskurs

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HARTCOURT: Weiter auf Erfolgskurs Softi

HARTCOURT: Weiter auf Erfolgskurs

 
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Hartcourt `s Subsidiary, LogicSpace, Launches `Tutor Online`New Radio
Television Hong Kong `Tutor Online` Program Enhances E-learning Success for
Students

HONG KONG, Nov 20, 2001 /PRNewswire via COMTEX/ -- The Hartcourt Companies,
Inc. (OTC: HRCT; Frankfurt: HCT), www.hartcourt.com, today announced that its
wholly-owned subsidiary, LogicSpace Ltd., has launched "Tutor Online" for Radio
Television Hong Kong (RTHK)`s cyber-learning website, www.eTVonline.tv .
LogicSpace is an operating company of AI-Asia, Hartcourt`s media services
division.

Since the 1970s, RTHK and the Education Department of Hong Kong have been
cooperating in producing numerous educational television programs for primary
and secondary students of Hong Kong. A recognized industry innovator, RTHK
deploys advanced IT and streaming technology with the launch of
www.etvonline.tv . This is an important breakthrough from conventional
forms of education, as Hong Kong and global internet students can access RTHK`s
"always on" programs from any location. With the technical assistance of
LogicSpace "Tutor Online" is webcasted live and teachers can interact with
students live anywhere, anytime using an ICQ version chat forum to solve their
problems interactively with an electronic whiteboard.

Mr. Alan Chow, CEO of LogicSpace, stated, "There are many innovative
technologies engineered into `Tutor Online.` We integrated streaming video, a
chat room and an interactive white board together, to provide a superior
education experience for the students of Hong Kong. This technology allows web
teachers to communicate with their students anywhere, anytime, breaking the
conventional distance teaching barrier. Furthermore, it is fun to use, and an
ideal tool to attract the attention of students. This technology further
demonstrates LogicSpace`s leadership in streaming and internet technology. We
anticipate the launch of `Tutor Online` will advance HK`s online education
programs to a higher level."

About Radio Television Hong Kong

RTHK is the Government broadcaster in the HKSAR. Its primary obligation is to
serve all audiences, including special interest groups. Its mission is to
provide diversified radio and television services that are distinctive and of
high quality, in news and current affairs, arts, culture and education. RTHK is
editorially independent and its productions guided by professional standards
enshrined in the RTHK Producers Guidelines.

About LogicSpace Ltd.

LogicSpace is a component of Hartcourt`s media services division, AI-Asia.
LogicSpace provides comprehensive real-time audio and video delivery (Streaming
Media) solutions to businesses, professionals, organizations, web site owners
and content publishers. LogicSpace`s powerful network infrastructure enables it
to stream superior-quality multimedia advertising, live event broadcasting and
on-demand audio and video content over the internet to target web-enabled
audiences globally. For more info, please visit www.logicspace.com .

About AI-Asia

AI-Asia Inc. is a holding company created by Hartcourt to acquire assets and
companies in the multi-media technology and services sector. Its objective is to
identify, develop, and maintain first-mover technologies, products and services
for corporate and consumer internet deployment. AI-Asia is providing its
clientele with a comprehensive range of internet enabling solutions, preparing
them to participate in the rapidly emerging streaming and broadband
communications revolution in Greater China.

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that has built a
broad network of Internet, media, and telecommunication companies in Greater
China. In partnership with leading Chinese entrepreneurs and
government-sponsored entities, Hartcourt is developing and investing in emerging
technologies while building an integrated commercial framework for its
subsidiaries and their partners. Hartcourt`s operative business strategy is
designed to facilitate a series of venture spin-offs via IPO or public merger to
fully realize the value of these assets for its investors. For more info, please
visit, www.hartcourt.com.

Forward-looking statements

This press release contains forward-looking statements that are made pursuant to
the safe harbor provisions of The Private Securities Litigation Reform Act of
1995. The forward-looking statements involve risks and uncertainties that could
cause actual results to differ materially from the forward-looking statements,
including, but not limited to, factors detailed in Hartcourt`s filings with the
Securities and Exchange Commission including recent filings of Forms 10-K and
10-Q.

For more information, please contact Mr. Paul Cheng of LogicSpace Ltd. at (852)
2412 2120.





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