Jul 2--PRNewswire/AsiaNetSTAKE REDUCED... HEIDELBERG: Heidelberger Druckmaschinen AG said today that RWE AG will sell more than 6.15 per cent of its 56.15 per cent holding in the company - a move Heidelberger welcomes as liberating capital for free-trading.CUSTOMER LOYALTY PROGRAM... HONG KONG: WHEREVER.net, the Internet Protocol communications services provider, announced today the launch of the new loyalty program for its phone card customers, Club Odyssey.PCCW FINANCIAL RESULTS... HONG KONG: PCCW, the IP and wireless company, today released its first consolidated financial results since acquiring Cable and Wireless Limited, last August. GLOBAL SATELLITE SERVICE... WASHINGTON: Iridium Satellite LLXC today announced the commercial launch of its global satellite communications services - Satellite 2001, providing global mobile voice telephony services.GREENCOOL ANNUAL RESULTS... HONG KONG: Greencool Technology Holdings Limited, the refrigerant conversion engineering company, today released its annual results for the year ended December 31, 2000. CEBIT PRODUCT LAUNCH... HANNOVER: EdgeMatrix, the multichannel delivery specialists, has capitalised on its presence at CeBIT - the world's largest IT trade fair, to platform a pioneering WAP-compliant microbrowser, WAPman Java.NUMBER ONE COMPANY... PEMBROKE: Tyco International Limited, the diversified manufacturing and service company, has snared BusinessWeek's no.1 performing company for 2000 title, based on revenue and earnings growth, shareholder and equity returns, the company said today. COMPANY BUY-OUT... DUBLIN: Medex Inc's management team today said it has successfully bought the company out from its parent Saint-Gobain Performance Plastics Corporation.TEST RESULTS... CALGARY: Gulf Indonesia Resources Limited, announced today the results of its second-round tests on the Bukit-Tua1 oil discovery in East Java.READER'S DIGEST APPOINTMENT... PLEASANTVILLE: The Reader's Digest Association announced today the appointment of Ian K. Marsh to Senior Vice President and President of Reader's Digest Europe, from June.NEW NETWORK PLATFORM... TOKYO: Internet Initiative Japan, the Oracle Corp and Cisco Systems subsidiary, said today that it will launch a new network platform streaming content to Japanese end-users. (AsiaNet is a consortium of leading news agencies distributing unedited, translated press releases for worldwide clients. Contact: www.asianet.com.au for full-text versions).