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Satellite Newspapers to Cover Asia

By | February 17, 2004

      Satellite Enterprises [OTCBB: SENR], a North Haven Conn.-based printer of syndicated newspapers around the world, announced that Peter Yuen has agreed to pay a fee to join the company’s World Wide Network to provide satellite newspaper kiosks throughout Asia.

      Yuen will pay the parent company US$6.7 million, or roughly US$336,000 per annum, for 20 years. He plans to place hundreds of Kiosks throughout Asia each year.

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