SYDNEY, March 30 -- AsiaNet
EQUITY SUPPORT...
SAN FRANCISCO: The Board of Directors of DF China Technology, resolved to seek equity support from its major shareholder - DICHAIN Holdings, by allowing the company to issue additional 5,224,142 new shares to acquire a total of 12.69% equity interest in DiChain Software Systems (Shenzhen) Ltd from DiChain Systems Limited.
XIHU RESERVES...
HONG KONG: CNOOC Limited disclosed that the Company has booked approximately 47 million BOE of net proved reserves for its 30% equity stake in Xihu Trough joint ventures as of the end of 2003.
CHINA CABLE...
BEIJING: China Cable and Communication, Inc is well-positioned to capitalize on the growing market for cable and telecommunication markets in China, the company told shareholders.http:www.chinacable.us
VIDEO MODULE...
TOKYO: Adimos, a provider of wireless multimedia connectivity solutions for consumer appliances, announced the debut of its Wireless Video Module.http://www.adimos.com
DRUG DISCOVERY...
ADELAIDE: Bionomics Limited and Southern Cross University announced the establishment of a collaboration to discover new drugs targeting epilepsy and anxiety.
NASDAQ DELISTING...
SAN FRANCISCO: DF China Technology, Inc said it has been advised by the Nasdaq Listing Qualifications Department indicating that it is subject to delisting because of its failure to comply with Marketplace Rule 4320(e)(2)(B), which requires a minimum of $2,500,000 stockholders' equity, unless the company requests a hearing prior to the opening of business on April 1, 2004.
MPEG-4 MONITORING...
TOKYO: Oki Electric Industry Co., Ltd. said it has signed a strategic partnership agreement with China Electronic Systems Engineering Corp. (CESEC) to enhance sales of motion picture monitoring solutions to the Chinese market. http:www.oki.com
PEPSICO RESULTS...
PURCHASE: PepsiCo said it expects Strong Q1 Results, with 10% Revenue Growth and EPS of Approximately $0.46 http://www.pepsico.com
MAIPU TECHNOLOGY...
YAKUM: Metalink Ltd.'s System on a Chip SHDSL and Ethernet over SHDSL solutions have been selected by Maipu Communication Technology Co. Ltd (Maipu Comm.) for its next generation product family, the company said in a statement.http://www.metalink.co.il
BLOOMBERG AUSTRALIA...
SYDNEY: Bloomberg Television content will now appear on the newly launched Sky News Active Business Channel part of Australian News Channel Pty Ltd (Sky News), the company announced.http://www.bloomberg.com
AXIOS SOFTWARE...
LONDON: Axios Systems has launched the new generation of its core solution, assyst, describing it as the most significant product advancement in its 16 year history. http:www.axiossystems.com
VOIP MARKET...
NEEDHAM: Brooktrout will leverage AudioCodes' expertise in VoIP to deliver best-of-breed VoIP enabling technology products to its customers, the company said.http://www.audiocodes.com http://www.brooktrout.com
LINUX SOLUTIONS...
SANTA CLARA: BayPackets, Inc., a provider of enhanced voice and data solutions for wireless, wireline and VOIP operators, today announced that its carrier-proven Agility Network Services Platform (NSP) and applications are now available on Linux. http://www.baypackets.com
NVIDIA CHIP...
TAIPEI: TheNvidia GeForce(TM) FX Go5700 has been selected for the Acer Aspire 1710, Nvidia said in a release today.http://www.nvidia.com
DEEPWATER BLOCKS...
GULF OF OMAN: Two of the deepwater/transition blocks formerly offered as part of the Gulf of Oman Licensing Round in 2003 have been merged, according to an announcement by PGS and the Government of the Sultanate of Oman.
ELEVATOR TECHNOLOGY...
ESPOO: Finnish elevator and escalator compnay KONE announced the introduction of a radically new technology platform, KONE MaxiSpace, that eliminates the need for counterweights in elevators.www.konecorp.com
SEAT INVENTORY...
SYDNEY: Sabre Airline Solutions has implementated its newly launched SabreSonic Inventory, an advanced inventory management solution that leverages open systems technology, the company announced.http:www.sabreairlinesolutions.com
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