Asian Star Begins Trading on the Berlin Bourse Stock Exchange
HONG KONG--(BUSINESS WIRE)--June 2, 2000--Asian Star Development, Inc. (OTCBB:ASTV - news), with its principal
office in Hong Kong, begins trading of its shares on the Berlin Stock Exchange's booming Third Market Segment.
The WKN number for Asian Star Development, Inc is 938420 and the trading symbol for ASTV.BE, is DVP.
Quotes for the Berlin exchange can be accessed on the following URL:http://money.berlinerboerse.de/
The Berlin exchange specializes in the over-the-counter trade of U.S. shares, such as the Technology giants Microsoft or Cisco. There are some 8,756 stocks listed
on the exchange, of which 8,001 are foreign, including 5,210 from the U.S. The board of Asian Star Development Inc., believes the company will benefit from the
recent consolidation moves of ConSors Discount Brokers AG -- ``Europe's number Two (2) online broker who have 376,000 customers who use their system to
trade shares online''-- with the Berliner Bourse.
Consors Discount brokers AG, CEO Karl Matthaeus Schmidt is quoted to say that Berliner Bourse and Consors will also hold talks with E-trade with an eye
toward joint development of the European markets.
Companies listed on the Berlin Stock Exchange's Third Market Segment so far in May include companies such as Software Technologies (Nasdaq:STCS - news),
Embarcadero Technologies (Nasdaq:EMBT - news) Internet firms like Cavion Technologies (Nasdaq:CAVN - news), Cyber-Care, Inc. (Nasdaq:CYBR - news)
and Adaptive Broad Band (Nasdaq:ADAP - news).
Stephen Chow, President of Asian Star, stated that ``The European market is a very important growth area for our firm and we are delighted to have found an
exceptional firm in Berliner Frieverkehr to become the exclusive trader for our shares on the Berliner Bourse.''
The above statements in regard to Asian Star Development, Inc. which are not purely historical are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including Asian Star Development, Inc.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking
statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the
actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and
uncertainties such as technological, legislative, corporate and marketplace changes.
Contact:
Asian Star Development, Inc.
Investor Relations, 415/566-2503 or 800/488-7151
asianstardev.com
or
Stephen Chow, 011-852-2721-0936
(e-mail) info@asianstardev.com |
