Glenn & PNLK in ASIANET Press Release. Found on Bullsession.
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TRADE INFORMATION....... NEW YORK: ProNetLink.com
today announced it had successfully launched its Global Trade Internetwork and Portal. The company said it had designed its new web tool as an e-commerce portal that brought many global streams of international import/export information and tools together into one location. Chairman Glenn Zagoran said: "In order for companies to remain competitive they will have to expand into the global marketplace. ProNetLink has built a business that uses the internet to provide the tools and information that is needed by these companies in order to effectively buy, sell and market their products on a worldwide basis."
(AsiaNet is a consortium of leading news agencies distributing unedited, translated press releases for worldwide clients. Contact: www.asianet.com.au for full text versions). (Asianet)
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News April 20, 22:15 Eastern Time
ASIANET SUMMARY FOR TUESDAY, APRIL 20 1999
Apr 21, 1999 (Asia Pulse via COMTEX) -- ASIANET SUMMARY FOR TUESDAY, APRIL 20, 1999 Press releases distributed by AsiaNet to Asia Pulse today: BUSINESS CONFERENCE....... HONG KONG: A press statement said today 50 top businesswomen from the Financial Women's Association of New York have arrived in Hong Kong for meetings with China's political and business leaders in Hong Kong, Shanghai and Beijing. The delegation would spend two weeks "seeking to expand business networks and to become uniquely acquainted with China's financial and economic growth patterns." CHINA DEBUT....... GUANGZHOU: Open Port Technology said today that Guangdong Post and Telecommunications Administration, one of China's largest telecommunications service providers, would deploy IP LaunchPad, its carrier-class multimedia messaging solution. The company release said internet use was "exploding among China's population of 1.2 billion and is expected to reach an estimated seven million in 2001." Guangdong PTA planned to offer its customers WebFax,
Email-to-fax, fax-to-fax broadcast and PC fax client, Open Port said. JOINT VENTURE....... NEW JERSEY: Toys "R" Us announced today a "consolidation of its existing operations" in Hong Kong, Taiwan, Singapore and Malaysia into an expanded joint venture with Li and Fung (Retailing). The new joint venture would include the continued operation of the Toys "R" Us stores in Hong Kong and Taiwan and the acquisition of the existing Toys "R" Us operations in Singapore and Malaysia, as well as the franchise agreement with PT Dwibras Darma in
Indonesia. The agreement also provided for expansion into new markets such as Thailand, the Philippines, Southern China and other South East Asian countries. CONFERENCING SOLUTIONS....... CALIFORNIA: Polycom said today it was making three announcements (see www.asianet.com.au) "representing significant advancements towards driving mass
adoption of web-based conferencing solutions." The company said that together these announcements "transform conferencing into an internet-driven, convenient and affordable aspect of everyday business." CEO Bob Hagerty said: "Our vision is to allow every member of the team to contribute the full value of creativity and make every meeting productive, no matter how many miles separates them." INTERACTIVE COMMUNICATION....... CALIFORNIA: Array Microsystems today launched its VideoONE Communicator, describing it as "an
innovation in desktop videoconferencing that delivers high quality video and audio via an existing corporate internet protocol network......" CEO Paul Smith said: "High quality, low-cost,
PC-based videoconferencing will impact businesses on a scale similar to email. It will create business and collaborative opportunities that were not possible before. "We expect the VideoONE Communicator to open the doors to video-based communications with substantial efficiency improvements." TRADE INFORMATION....... NEW YORK: ProNetLink.com
today announced it had successfully launched its Global Trade Internetwork and Portal. The company said it had designed its new web tool as an e-commerce portal that brought many global streams of international import/export information and tools together into one location. Chairman Glenn Zagoran said: "In order for companies to remain competitive they will have to expand into the global marketplace. ProNetLink has built a business that uses the internet to provide the tools and information that is needed by these companies in order to effectively buy, sell and market their products on a worldwide basis." DIGITAL PRODUCT....... LAS VEGAS: TeraLogic announced today the TL855 and Early Access Programme (EAP) which will
allow broadcasters and producers to transport, edit and monitor high quality high definition TV (HDTV) video over their networks. President Jon Castor said: "By leveraging our expertise, we are now in a position to serve both the consumer and the professional end of the digital TV spectrum. With market leading EAP partners like Lucent and Mitsubishi integrating our chips into their products, we will continue to grow our leadership...." GAMING SUMMIT....... VANCOUVER: A press statement from The River City Group (publishing) said today the Inaugural Global Interactive Gaming Summit & Expo would be held in Vancouver, Canada, from June 23-25. The release said the programme was targeted towards international gaming industry leaders and regulators.
Speakers from every continent would focus on responsible gaming and security, legal issues and marketing strategies. E-C0MMERCE LAUNCH....... SYDNEY: New Discoveries CEO Peter Michaels today announced that its telecommunications UNIX servers for the South Pacific were now leaded with software and ready to provide e-commerce and online gaming.
"This announcement moves us one step closer to realising our stated aim to be licensed for internet gaming in the Norfolk Islands, where gaming falls under the jurisdiction and control of the Australian Federal Government, and thereby provides all the appropriate security and safety for our gaming customers," Mr Michaels said. PERCEPTUAL COMPUTING.......PERTH: Continuum Resources (CoRe) said today it would establish a Perceptual Computing Centre in Perth, Western Australia. "The opening..... places Perth on the cutting edge of perceptual computing technology and offers an advantage to the small and mid-sized oil, gas and mining companies, as well as the majors," said CoRe Corporate Communications Director, Cynthia Berlier. CoRe Re said it provided scalable, integrated visualisation and technical solutions and services to the oil and gas industry, focusing on decreasing project cycle time, adding reserves and increasing the cost effectiveness of production. UNDERSEA CABLE....... NEW JERSEY: Tyco Submarine Systems said today construction had commenced on the Black Sea Fibre Optic Cable System, valued at $USM51. The 1,300 kilometre undersea system would connect Bulgaria, Ukraine and Russia. In separate announcements, Tyco gave details of its selection as sole supplier for Worldwide Fibre's "Hibernia" transatlantic cable project, and the supply contract for Global West, a 917 kilometre coastal festoon system connecting major US west coast cities. EARNINGS RESULTS....... NEW JERSEY: American Standard today announced first quarter earnings per share (diluted) of $US0.65, an increase of
33 per cent over last year. NORTH CAROLINA: BankAmerica Corporation, whose stock is traded on the Tokyo Exchange, reported net income of $1.91 billion, or $1.10 a share for the first quarter. The bank said this was a 44 per cent increase on last year, which included a merger-related charge of $M642 after tax. NEW YORK: Avis Rent A Car reported record first quarter results. Revenue was $M566.9, up 11 per cent. Net income and diluted earnings a share were $M15.2 and 47 cents a share, representing increases of 105 per cent and 104 per cent over
1998. SAN DIEGO: ZiaSun Technologies said combined net income for the year was $1,152,210 on revenue of $3, 537,397. Net income equated to $0.11 a fully dilated share at the end of 1998. EXECUTIVE APPOINTMENT....... SEOUL: Global One, the joint venture of Deutsche Telekom, France Telecom and Sprint, today announced the appointment of Kwang-Seok (Bart)Park as country manager for Korea. The company said Mr Park would be responsible for developing and managing the Global One portfolio of international services in corporate, carrier and consumer markets in Korea. CLUB COUNTERFEIT....... CALIFORNIA: Callaway Golf said today it had cooperated with government authorities in carrying out three raids against golf club counterfeiters in Taiwan. The raids disclosed bogus Callaway golf products manufactured in Taiwan and exported to the US and other foreign markets, the company said.
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(AsiaNet is a consortium of leading news agencies distributing unedited, translated press releases for worldwide clients. Contact: www.asianet.com.au for full text versions). (Asianet)
(C) 1999 Asia Pulse Pte Ltd
Wed Apr 21 20:53:37 EDT 1999 - quotes are real-time. |
