Nov. 9--PRNewswire/AsiaNet
PRESIDENT'S DOCTORATE...
HONG KONG: DePaul University conferred an honorary Doctor of Humane Letters degree on former U.S. President George Bush today at the International Bank of Asia (IBA) in Hong Kong.A press statement said Mr Bush was chosen by the DePaul-IBA educational partnership "because of his lifelong public service and his leadership in international affairs."
ANNIVEERSARY CONTRACT...
FRANKFURT: A press statement said today Fraport AG Frankfurt Airport Services Worldwide and the Air Transportation Authority of the Emirate of Sharjah (United Arab Emirates) celebrated 25 years of "successful co-operation" by signing a follow-up contract. Both companies plan to offer their expertise and services jointly at other airports in the Middle Eastern/Indian region.
AGREEMENT SIGNED...
OKLAHOMA: Syntroleum Corporation announced today that it has completed two additional contracts relating to construction of its 11,500 barrel per day gas-to-liquids specialty products plant known as the Sweetwater project under development in Western Australia.
EXCLUSIVE CONTRACTS...
PERTH: Argus Biomedical Pty Ltd (Argus), a private company based in Perth, said in a media release it has acquired the exclusive rights from the Lions Eye Institute of Western Australia to commercialise the AlphaCor, artificial cornea, developed by the Biomaterials and Polymer Research Group at the institute.
BRISBANE: A press statement said today Magna Pacific Pty Ltd, a 70% owned subsidiary of listed entity Magna Pacific (Holdings) Limited and 30% Becker Group Limited, has signed an exclusive contract with Discovery Communications (DCI) to distribute the Discovery Channel branded home videos and DVD's in Australia and New Zealand. The contract allows for Magna to initially select and distribute over 340 television hours of programming from Discovery.
PAYMENT PLAN...
BRISBANE: Multi-referral rewards programme, Advantagez, today released its own Pay to Surf Programme through ZeroNetConnect.com.Managing Director of Advantagez, Charles Alder, said: Our introduction of a cash payment plan to accompany our travel points programme is an exciting development for Advantagez."
REVENUE RESULTS...
TAIPEI: ASE Test Limited today announced that its unaudited consolidated October 2001 net revenues were US$22.67 million. Compared to prior periods, the October figure represented a drop of 47% year-over-year and an increase of 6% sequentially.
TAIPEI: Advanced Semiconductor Engineering said its unaudited consolidated revenues for October were NT3,405,000 - a sequential change of + 11.7 per cent and year-on-year -26.6 per cent.
ALLIANCE FORMED...
CALIFORNIA: A media release said today LSI Logic Storage Systems and SkyStream Networks have combined to integrate and co-market an end-to-end solution for the delivery of media assets to video-on-demand servers, cable headends, and broadcasters.
CHIP PRODUCTION...
MICHIGAN: Genomic Solutions announced today that its internal proteomics research and development team has successfully validated the use of its GeneTAC HybStation, G3, LS IV and UC4 instruments for protein chip production, processing, imaging and analysis.
QUARTERLY EARNINGS...
NEW YORK: Global Sources Chief Financial Officer, Eddie Heng, commenting on third quarter results, said: "Considering the extremely difficult market conditions, we are very pleased to have achieved operating income of $US2.1 million for the quarter Net income was $799,000, or $0.03 per share."
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