XID iShares India Index ETF

Xianburg Data Systems Canada Corporation (the "Company") (TSX VENTURE:XDS), is
pleased to announce the entering of an agreement with China Direct Broad Star
Co. (China DBSTAR) and Xianburg International Data (Xianburg) the Company's
operating entity in China. The agreement will allow Xianburg to use its data
processing and storage capabilities to transmit this data for industrial
applications via China DBSTARS satellite network.


"We are very excited for the opportunity to work with China DBSTAR and be able
to offer data storage and transmission services to Chinese Industrial and
Government groups. We believe that this signing will give us access to what is
potentially a multi hundred million dollar market and will provide a great
platform for our rapid growth as a company"-Jing Ping Dong, CEO.


China Direct Broadcast Star Co. is the exclusive digital satellite operator in
mainland China, and Xianburg is the only data processing and storage company
with an agreement with China DBSTAR. The formalization of the agreement, after
two years of working together to jointly develop the opportunity, is a huge
milestone in developing the Company's next business platform. Xianburg will now
be able to offer full service data processing, storage and transmission services
in China by creating a unique offering for organizations with heavy footprints
in more rural areas. The largest industrial applications for which data storage
and satellite transmission is enormously valuable is in the oil & gas, mining,
healthcare and education sectors where there is significant need to access data
between urban centers and rural locations, many of which do not have strong hard
wired or wireless telecommunication infrastructure.


About Xianburg Data Systems Canada Corporation

Xianburg Data Systems Canada Corporation (TSX VENTURE:XDS), is an IT products
and services firm with offices in Xian and Beijing. The Company is recognized as
a leader in China in providing mass data storage and disaster recovery IT
solutions. Xianburg International Data Co. ("XID") was founded in 1994 by Jing
Ping Dong, based on his experience in leading large-scale data archiving
projects. XID is recognized as a leading IT provider to the Chinese government
and to corporate clients, and has received ISO 9001 certification for its
Quality Management practices. XID has more than 120 staff with affiliates in
China, Germany, and Canada. Staff includes a high proportion of IT specialists
with advanced degrees.


The Company, through its wholly-owned subsidiary XDS Xianburg Data Systems
(Canada) Inc., governs and administers the operating entity XID, a Chinese based
operating company, and will earn substantially all of its income from XID. XID's
core business is data entry with a specialty of converting paper documents to
electronic format ("digitization") and it also manufactures high-performance,
high-capacity storage systems for the archiving and publication of such
documents.


This press release includes certain "forward-looking statements" within the
meaning of the Canadian securities laws. There can be no assurance that such
statements will prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements. Important factors
that could cause actual events and results to differ materially from the
Company's expectations include risks related to the development stage of the
Company; market fluctuations in prices for securities of similar companies; and
uncertainties about the availability of additional financing. Trading in the
securities of the Company should be considered highly speculative.

iShares India Index ETF (TSX:XID)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

iShares India Index ETF (TSX:XID)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024