SYDNEY, March 23--AsiaNet/InfoQuest BIOWA LICENCES... PRINCETON: BioWa announced that it has successfully licensedfrom Kyowa Hakko Kogyo Co., Ltd., its parent company, theexclusive worldwide rights, except Asia, to develop andcommercialize anti IL-5 receptor antibody, a potential newasthma treatment. http://www.biowa.com PREMIER PARTNER... PONTE VEDRA BEACH: The PGA TOUR and Custom House GlobalForeign Exchange announced that Custom House has been named apremier partner of the PGA TOUR. Custom House will develop arelationship building platform at select PGA TOUR events instrategic markets. Custom House will also use various TOURmedia opportunities to reach its target audience. www.pgatour.com www.customhouse.com LAWSUIT FILED... MILPITAS: Linear Technology Corporation, a world-leadingprovider of high-performance linear and analog integratedcircuits, has filed a lawsuit in the U.S. District Court forthe Central District of California against Semtech Corporationbased on copyright infringement, false advertising and unfaircompetition. http://www.linear.com http://www.semtech.com TARKETT SPORTS... FRANKENTHAL: In 2004, Tarkett Sports and FieldTurf came toan historical agreement. FieldTurf has obtained numerouspatents protecting the manufacturing, distribution andinstallation of synthetic turf worldwide. Granted in the US,Canada and the UK, these patents protect the whole newgeneration synthetic turf system. Tarkett Sports will launchseveral judicial proceedings in the coming months in order toprotect these patents. ACQUISITION COMPLETED... ANDERSON: Remy International, Inc., announced that it hascompleted its acquisition of the assets of Unit Parts Company,based in Oklahoma City. Unit Parts is a major supplier to theautomotive aftermarket for new and remanufactured starters andalternators, offering custom branding, packaging and logisticssolutions as well as complete engineering and supportservices. http://www.remyinc.com FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principalamount of MTN securities issues amounting to a total of US$30million on April 1, 2005 at a redemption price equal to 100 percent of the principal amount redeemed plus accrued interest. http://www.fanniemae.com BATTERY BUSINESS... MILWAUKEE: Johnson Controls, Inc. announced that it hadsigned a non-binding letter of intent to acquire DelphiCorporation's global automotive battery business forapproximately $212.5 million, subject to adjustments.Additionally, in conjunction with the acquisition, JohnsonControls anticipates receiving a global long-term contract tosupply General Motors with original equipment batteries. http://www.johnsoncontrols.com MANAGEMENT CHANGES... HAMILTON: The Board of Directors of W.P. Stewart & Co., Ltd.announced the following management changes, effective May 1,2005. The appointment of Henry B. Smith, to the newly createdposition of President and Chief Executive Officer of theCompany. The appointment of Rocco Macri, to the position ofManaging Director and Chief Operating Officer. The appointmentof Susan Leber, to the position of Deputy Managing Director -Chief Financial Officer. http://www.wpstewart.com CARDIOVASCULAR DISEASE... BRUSSELS: The metabolic syndrome is a cluster of the mostdangerous heart attack risk factors: diabetes and pre-diabetes,abdominal obesity, high cholesterol and high blood pressure.Earlier diagnosis is needed to stop this global time bomb. Thenew International Diabetes Federation Worldwide Definition ofthe Metabolic Syndrome provides physicians with the tools toquickly identify those at risk and also to compare the impactacross nations and ethnic groups. http://www.idf.org/webcast http://www.kenes.com/prediabetes MINORITY OWNERSHIP... QINGZHOU CITY: Caterpillar Inc. Chairman and CEO James W.Owens finalized the acquisition of minority ownership inShandong SEM Machinery Co., Ltd. (SEM), one of China's leadingwheel loader manufacturers. Owens' announcement marks theconclusion of more than a year of negotiations aimed atleveraging SEM's expertise, product quality and market positionto expand Caterpillar's presence in China. http://www.cat.com (AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients. Visit www.asianetnews.net for full-text versions.)