China Logistics Completes NCS Contract With IBM Server Buy
April 16, 2010 (FinancialWire) — China Logistics, Inc. (OTCBB: CLGZ), a logistic company serving global transnational firms, said it has fulfilled a contract with NCS PTE, Ltd. to purchase IBM servers valued at $3.4 million.
The company, which serves as the import agent for NCS (Suzhou), Ltd., purchased the IBM servers from NCS PTE, Ltd., on behalf of NCS (Suzhou), to facilitate and expedite the transaction.
China Logistics said that the contract was completed, and will be recorded, in the first quarter of 2010.
China-based China Logistics provides a suite of logistical, import/export and supply management services to global transnational corporations.
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