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PORTACOM TO OPEN OFFICE IN HO CHI MINH CITY AREA

PLAYA DEL REY, Calif.-PortaCom Wireless Inc. said it is in negotiations with equipment manufacturers for the cellular phone network it intends to build in Vietnam.

PortaCom was formerly Extreme Technologies Inc. of British Columbia; the company has moved its headquarters to Playa del Rey, Calif. PortaCom recently opened an office in Ho Chi Minh City, where it operates through its majority owned subsidiary Telecommunications American International. TAI is allied with the Vietnamese company Saigon PTS Corp.

PortaCom has hired The Investor Relations Co. of Northbrook, Ill., to introduce the company to the investment community. PortaCom is seeking concessions in other developing areas such as Asia, Latin America and Eastern Europe.

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