SYDNEY, May 27 -- AsiaNet DRUG DISCOVERY... GOTHENBURG: Cellectricon, the provider and leadinginnovators of functional cell-based technologies and tools forpharmaceutical companies, has announced the completion of itsSeries B financing round. WEIGHT LOSS... BASEL: The weight loss medication Xenical has been shown tobe significantly more effective than lifestyle changes alone inmanaging weight in overweight adolescents, according to newstudy results presented today at the 13th European Congress onObesity in Prague. MIKE ALFANT... NEW YORK: On2 Technologies Inc., The Duck Corporation,announced that Mike Alfant has been elected to the company'sboard of directors effective as of the May 21st annual meetingof On2 shareholders. http://www.on2.com MOBILE MOBILITY... DALLAS: JP Mobile, a provider of enterprise mobilitysoftware, has been invited by HP and Microsoft Corp. to be partof their Exchange Series Road show. http://www.jpmobile.com PEPSICO CONFERENCE... PURCHASE, N.Y.: PepsiCo Inc. announced that Steve Reinemund,chairman and chief executive officer of PepsiCo, Inc., willmake a presentation at the Sanford C. Bernstein StrategicDecisions Conference in New York City at approximately 10:00a.m. on Wednesday, June 2. http://www.pepsico.com NAKED NEWS... TORONTO: Naked News has entered into a distributionpartnership with Australian ASX listed online media andcommunications company, GoConnect Ltd. for worldwide mobilephone distribution of the Naked News program. WORKBRAIN OPENING... MELBOURNE: Workbrain Corporation has announced the openingof a new office in Melbourne, Australia. DISCOVERY FOCUS... ADELAIDE: Bionomics has announced the appointment of Dr TimHarris, CEO of US biotech company, Structural GenomiX Inc., toBionomics Scientific Advisory Board. DF MERGER... HONG KONG: DF China Technology Inc. has completed the mergertransaction with DICHAIN Software by the acquiring the entireissued share capital of DICHAIN Software. SOLIS ACCREDITATION... TOKYO: Solis Corporation, a reseller of Internetinfrastructure products and services in Japan, has receivedfull registrar accreditation from ICANN, a leading Internetgoverning body, responsible for the Domain Name System (DNS). http://www.japanregistry.com OFFSHORE BLOCKS... KUALA LUMPUR: PETRONAS today signed two Production SharingContracts with Newfield Exploration Company of the UnitedStates and PETRONAS Carigali Sdn Bhd for Block PM318 offshorePeninsular Malaysia and Deepwater Block 2C offshore Sarawak. http://www.petronas.com CHINA UNIT... HONG KONG: LJ International, one of the fastest-growing finejewelry companies in the world, today announced that ElliottYuen will become chief executive of the Company's new ChinaDivision beginning June 1, 2004. http://www.ljintl.com (AsiaNet is a consortium of leading news agenciesdistributing unedited, translated news releases for worldwideclients. Visit www.asianetnews.net for full-text versions.)