AsiaNet Daily Summary - Press Releases for Wednesday, August 20, 2008

ข่าวต่างประเทศ Wednesday August 20, 2008 17:11 —Asianet Press Release

SYDNEY--20 Aug--AsiaNet/InfoQuest LIZ CLAIBORNE... HONG KONG - Liz Claiborne Inc., a leading fashion company,has selected Verizon Business to connect its operations in 25countries globally. Verizon Business has begun deployment of afully managed Verizon Private IP solution to support thecompany's global communications needs, enabling it to enhancenetwork management and achieve significant global costefficiencies. www.verizonbusiness.com www.lizclaiborneinc.com GERSTEN SAVAGE... NEW YORK - Corporate attorney and China specialist Joan Wuhas joined law firm Gersten Savage LLP. Wu, who is licensed topractice in both the U.S. and the People's Republic of China,will work with U.S. and Chinese companies on cross-bordertransactions in both countries. One of New York's top fiveindependent law firms, Gersten Savage specializes in corporatelaw, securities regulation and finance. www.gerstensavage.com DATAPLAY ACQUISITION... LONGMONT, Colo., and REUTTE - The U.S. based DPHI, Inc. dbaDataPlay has received the approval to purchase the assets andintellectual property of DaTARIUS worldwide and resumeoperations immediately. DataPlay will be forming a newsubsidiary in Austria and in the United States to continue toserve DaTARIUS's existing customer base. The new company willcombine DaTARIUS's existing expertise in optical test equipmentwith DataPlay's advance technologies to create a true leader inthe optical media marketplace. This new level of integrationwill allow DaTARIUS to quickly develop and manufacture newproducts that exceed the current and future needs of opticalmedia manufacturers. www.dataplay.com www.datarius.com AXIOM AUDIO... DWIGHT - Axiom Audio, a world leader in quality loudspeakermanufacturing, today announced the availability of its new T2in-wall loudspeakers, a breakthrough in performance and valuefor homeowners who enjoy the clean, low profile look of today'swall-mounted plasma, LCD and projection HDTV systems. Axiom'sT2 speakers nearly disappear into the wall -- yet deliver thesame high fidelity sonic signature found in the company'simmensely popular and critically-acclaimed M2 bookshelfunits. www.axiomaudio.com CHUBB RESPONSE... WARREN, N.J. - In response to a news release, "XL, ChubbPull Out Of Burma," issued today by The Burma Campaign UK, TheChubb Corporation issued the following statement: The newsrelease issued today by The Burma Campaign UK contains numerousinaccuracies with respect to The Chubb Corporation and itsresponse to The Burma Campaign UK's inquiry. For at least 11years, Chubb has had in effect a policy that bars its membercompanies from maintaining an office in Burma, directly writinginsurance in Burma, providing insurance into Burma from outsidethe country or entering into any transaction with thegovernment of Burma. NOVELIS ASIA... SEOUL - Novelis Asia, an operating segment of Novelis Inc.,announced today that it will raise conversion prices of all itsaluminum flat-rolled products an average of 15 percent overcurrent levels. This price increase, which will vary by productgroup and delivery location, is in response to the rapidlyescalating cost increases in fuel, electricity, freight andother consumable items. www.novelis.com CONCRETE TECHNOLOGY... LOS ANGELES - iCrete, LLC, a company that is revolutionizingthe construction industry with its concrete mix designtechnology system, has delivered some of the world's mostadvanced and environmentally friendly concrete mix designs forthe construction of Revel Casino Resort, Atlantic City's newestentertainment venue. U.S. MEDALIST... BEIJING - Bank of America today announced a $15,000contribution to Aaron Peirsol's "Race for the Oceans" campaign,following the U.S. Olympic swimmer's gold medal performances inthe men's 100 meter backstroke and 4x100 meter medley relay atthe Beijing Olympic Games. Peirsol, a Bank of America endorsedathlete who also secured a silver medal in the men's 200 meterbackstroke, created "Race for the Oceans" with ocean advocacygroup Oceana to raise awareness about the threats facing theworld's oceans by providing a forum for swimmers and swimmingfans to "dive in" to ocean conservation. In addition to hisaccomplishments during the Beijing Olympic Games, Peirsol wonthree gold medals at the 2004 Olympic Games in Athens,Greece. www.bankofamerica.com www.RacefortheOceans.org www.Oceana.org CHINA CABLECOM... SHANGHAI - China Cablecom Holdings, Ltd., a joint-ventureprovider of cable television services in the People's Republicof China, announced today that the Companys executivemanagement will ring the closing bell at the NASDAQ MarketSitein New York City's Times Square at 4:00 p.m. Eastern Time onWednesday, September 3, 2008. www.chinacablecom.net www.nasdaq.com/about/marketsitetowervideo.asx MORODO LAUNCH... LONDON - Virtual International Mobile Network Operator,Morodo (Hong Kong) Limited has teamed up with Circle K,providing electronic-point-of-sale payment to customers of thepopular MO-Call service. Morodo Group Managing Director, AndrewReid, said, "You can now buy MO-Call credit over-the-counter atmore than 250 Circle K stores in Hong Kong. The Circle K brandis synonymous with convenience quality and value for money,together we make ideal partners as we share the same commitmentto service excellence." www.morodogroup.com CORRECTION -- NANO KOREA SEOUL - For the news release, "Nano Korea 2008 to be Held inSeoul", issued by NANO KOREA 2008 Secretariat over Xinhua PRNewswire on Monday, Aug. 18, we are advised by the company thatthe headline should be, "Nano Korea 2008 to be Held in Korea"instead of "Nano Korea 2008 to be Held in Seoul", as originallyissued inadvertently. www.nanokorea.or.kr AsiaNet is a consortium of leading news agencies distributing unedited,translated news releases for worldwide clients. Visit www.asianetnews.net forfull-text versions.

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