360 VOX Corporation

360 VOX Corporation

September 26, 2013 07:00 ET

360 VOX Corporation Enters Into an Urban Design and Master Planning Agreement for a Community Development in China

MONTREAL, QUEBEC--(Marketwired - Sept. 26, 2013) - 360 VOX Corporation (TSX VENTURE:VOX) ("360 VOX"), a global real estate company with hospitality services, asset management, real estate development and marketing & sales businesses, today announced that it has entered into an urban design and master planning agreement with Beijing Chief Orient Investment Management Co. Ltd.

Under the terms of the definitive agreement, 360 VOX will, among other things, provide envisioning services, master planning services and economic analysis services for a new community development in Miyun County, Beijing. This community is expected to accommodate over 250,000 people - living, working, studying and training.

The services will include the creation of a vision for a Master Complex Development plan, and the preparation of a master plan for urban neighbourhoods, a science and technology park, an assisted living project, an education park, a sports and recreational facility, commercial and residential areas, a hotel and meetings & conference facilities, tourism amenities and luxury real estate.

"We are pleased to have the opportunity to deploy our company's full range of planning, development and operations capabilities in partnering with Beijing Chief Orient to create a new community in Miyun County. Our years of experience in China have assisted us in building a strong knowledge in this marketplace," said Robin Conners, President and Chief Executive Officer of 360 VOX.

On Behalf of the Board of Directors

Robin Conners, President and CEO

About 360 VOX Corporation

360 VOX is a publicly traded company, incorporated under the laws of Ontario and listed on the TSX Venture Exchange under the symbol "VOX". 360 VOX is engaged in the business of managing and developing international hotel, resort, residential and commercial real estate projects through its wholly-owned subsidiaries, 360 VOX Asset Management Inc., 360 VOX GP, 360 VOX LLC, 360 VOX Developments Inc. and Wilton Properties Ltd. 360 VOX is also engaged in the sales and marketing of real estate through Sotheby's International Realty Canada and Blueprint Global Marketing.

For further information on 360 VOX please visit our websites at www.360vox.com and www.sothebysrealty.ca. 360 VOX's public filings, including its most recent audited consolidated financial statements, can be reviewed on the SEDAR website (www.sedar.com).

This news release may contain forward-looking statements and information within the meaning of applicable securities legislation. These statements reflect management's current expectations, estimates, projections, beliefs and assumptions that were made using information currently available to management. In some cases, forward-looking statements can be identified by terminology such as "may" "will", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "forecast", "outlook", "potential", "continue", "should", "likely" or the negative of these terms or other comparable terminology. Forward-looking statements include statements with respect to, the negotiating and entering into of agreements, the terms of the proposed transaction, and the effect of completing the proposed transaction, and are based on assumptions that management believe are reasonable. These statements are not guarantees of future results and are subject to numerous risks and uncertainties, which may cause actual results or events to differ materially from current expectations, including that the parties may not reach agreement on the terms of the proposed transaction or there may be changes to the terms of the transaction from those in the letter of intent, or if agreements are entered into, any required consents or approvals may not be obtained or obtained in a timely manner and any conditions may not be satisfied or the transaction may not be completed for other reasons. Although management believes that the anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve assumptions, known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of 360 VOX to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements and information.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy and accuracy of this release.

Contact Information

  • 360 VOX Corporation
    Colin Yee
    Chief Financial Officer