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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (2351)	9/11/2003 8:25:27 AM
From: manny t	Respond to of 2477

BEA Continues Global Expansion With Commitment to China Thursday September 11, 6:00 am ET Opens Its First Asian R&D Center in Beijing SAN JOSE, Calif., Sept. 11 /PRNewswire-FirstCall/ -- BEA Systems, Inc. (Nasdaq: BEAS - News), the world's leading application infrastructure software company, today announced the company's first Asian research and development (R&D) facility in Beijing, China. With a focus on supporting BEA's long-term expansion plans in the region, the R&D center will be tasked with developing new technologies designed to further establish BEA as a global enterprise software company. ADVERTISEMENT BEA has set up the company's existing presence in China as an independent subsidiary to help afford greater operational flexibility to leverage local resources; promote new opportunities; and to bring together worldwide technology expertise and management to meet the demands of the Chinese and Asia-Pacific markets. "Constant innovation and development is a competitive advantage in our industry," said BEA's Founder, Chairman and CEO, Alfred Chuang. "Since opening our first office in China in 1997, BEA has attached great importance to its long-term growth in the Greater China region. Our investment in Beijing is important to helping enable us to tap into an immense pool of talent to build a world-class research and development team in one of the fastest growing economies in the world." Building on the recent success of products like BEA WebLogic Platform(TM) 8.1, the new R&D center will play an important role in the development of technology designed to create new market opportunities for the company.