International sales contract negotiations
Web Press Corporation
We assisted Web Press Corporation in negotiations with the People's Daily, a leading Chinese publisher and printer, to purchase presses and assist Web Press with its marketing efforts in China. Our attorney was present in China to guide our client through the negotiation process, advising them on issues such as the timing of negotiation, necessary documentation procedures, cultural and business etiquette issues. We prepared the letter of intent in both English and Chinese, and are currently assisting Web Press with the final stages of the negotiation. The value of this contract is estimated at $11 million annually.
Web Press Corporation is a manufacturer of state-of-the-art printing press equipment. Headquartered in the Pacific Northwest, Web Press has a strong presence in overseas markets. Their products are found in 37 countries around the world.