Jul 17--PRNewswire/AsiaNetASIAN MEDIA ALLIANCE... HONG KONG: A deal announced today between CNN and Speedcast Ltd, would see Speedcast's multimedia BizTV service streaming live CNN news and financial programming to subscribers in Singapore, Hong Kong and Korea, the companies have announced. "We are proud to partner with SpeedCast for the launch of this exciting multimedia service in the leading financial centers of Asia," Senior Vice President of CNN International Asia Pacific, Ian Macintosh said.JAPANESE INTERNET CULTURE INNOVATES... OAK RIDGE: Internet Pictures Corporation, owners of the dynamic imaging benchmark, have signed a deal with Japanese telco, Nippon Telegraph and Telephone West Corporation, to introduce "full-service immersive imaging" to innovate Japan's Internet culture.SURGICAL BREAKTHROUGH... ANDOVER: Smith & Nephew Inc, the London Stock Exchange-listed medical device developer, has announced the introduction of a Dyonics Control RF System which would help surgeons to control surgical procedures using the hospital's standard electrosurgical generator rather than an independent system.ONLINE RETAILING... HONG KONG: Online retailers, YesAsia.com and Sasa.com, today co-launched a new cosmetics and skincare product line for North American customers, that would be supplied by Sasa and marketed by YesAsia.CHINESE TEAM CHOOSE HOTEL... HONG KONG: Best Western Rosedale on the Park, the Hong Kong hotel, has announced that it hosted China's Gymnastic Squad in a show of support for Beijing's Olympic Bid, during the team's performance last week.FINANCE MAGNIFIES FOR OPTICAL TECHNOLOGY... SAN DIEGO: Optical technology manufacturer, LightPointe, today said it has secured $33 million in second-round financing from select, elite investors such as Cisco Systems and Corning Inc to develop its research and development.NETWORKS TRAVEL GLOBE... BROOMFIELD: McDATA Corporation, the open storage network company, has contracted its fibre-channel technology to one of the world's largest travel operators, Kuoni Corporation. 400 travel agencies worldwide will access customer information, bookings, flight schedules and travel documents via the network, a company media release has stated.WIRELESS GAMES... EDINBURGH: Wireless entertainment services provider, Digital Bridges Ltd, said today that deals secured by its Asia-Pacific offices including distribution for a "crucial Japanese territory.. (and) several mobile network operators and developer agreements" would mean a raft of games would be created by Asian developers and published by the company's 20 network operators.BANK BROADBAND CONTRACT... SINGAPORE: Communications infrastructure company, EdgeMatrix, and Cyber On-Air, the wireless Internet and broadband enabler, will team to launch a WAP and SMS-based wireless banking service for the Bank of Communications Shanghai, according to a media release.SOFTWARE EQUITY... SHENZHEN: China's leading provider of software outscourcing services, eSoftBank.com Inc, has taken a 70 per cent stake in Dalian Tongzhou Computer Software Co Ltd, the company said today.PRO SCORES WIN FOR COMPANY... CARLSBAD: Callaway Golf Company staff professional, Emilie Klein, has taken out last weekend's LPGA Michelob Light Classic tournament using the company's clubs and balls, a media release has said.FINANCIAL RESULTS:MONTREAL: Alcan Inc today reported a second quarter net income of US$ 74 million, down from the US$ 153 million for the same period of last year, declaring common share dividends of 23 cents.CHARLOTTE: Bank of America Corporation ceo, Mr Kenneth D Lewis, today said its performance was "gratifying" in the face of strong economic headwind. The bank reported earnings of $2.02 billion for this year's second quarter, compared to $2.06 billion a year ago.BROOMFIELD: Second quarter results for McDATA Corporation will be released on Wednesday 18 July after the close of the market, the company announced today. EXECUTIVE APPOINTMENTS:BROOMFIELD: Open storage network company, McData Corporation, today named Mr Rich Carlson, vice president, Lifecycle Operations, allocating him governance over the strategic development of the company's product family. (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).