AsiaNet Daily Summary - Press Releases from Friday August 30 until Tuesday September 3, 2002

BASEL: A new study based on data from the landmark Valsartan Heart Failure Trial has shown that receptor blocker Diovan (Valsartan), is a highly cost-effective treatment for heart failure patients not taking angiotensin-converting-enzyme (ACE) inhibitors, currently the most widely-prescribed drugs for this disease, a media report revealed. "Diovan is not only a safe and effective substitute for ACE inhibitors for the management of heart failure but is an economically attractive treatment and we are studying the cost-efficacy of Diovan in other diseases spanning the cardiovascular continuum as part of our major ongoing clinical trial programme," said trial participant Joerg Reinhardt.

MELBOURNE: Virax Holdings today announced an extended study of its HIV drug treatment VIR201 will commence immediately to further assess the therapeutic potential of the medication, a company report revealed. "This is a vital milestone in the testing of this product and brings it one step closer to the possibility of commercial availability and the information gathered from this latest study will provide valuable direction in our ongoing development program," said Dr David Beames of Virax.

JOHANNESBURG: The World Chlorine Council (WCC) and the Global Vinyl Council (GVC) have praised delegates at the World Summit on Sustainable Development for their commitment to providing clean and safe water to everyone, especially children, a media report said. "Providing clean water delivery and treatment is one of the most important things we can do to improve children's health and by supplying chlorine disinfectants and PVC pipe around the world, WCC and GVC members are proud to help provide an affordable and workable solution to this critical public health problem and we are encouraged and 100% supportive of the Johannesburg summit's focus on the need for clean water as a basic human right," said Kip Howlett of the WCC Secretariat.

FRANKFURT: Frankfurt Airport Services Worldwide and members of Germany's airline consortium will plan, build and manage the first International Airport to be built with private financing in Berlin-Brandenburg (BBI), a media release said. "Fraport's expertise in building and managing an intercontinental air transport gateway will provide BBI with a tremendous advantage in marketing the capital city as a destination and our specialists are pleased to provide their experience and know-how to Berlin," said Wilhelm Bender of Frankfurt Airport Services Worldwide.

NEW YORK: ICT Technologies and Europhone have agreed to a distribution deal with Chinese manufacturing company Guangdong Richvast which will allow it to increase its international scope by utilising the vast worldwide sales distribution networks of Europhone and ICT, a company report revealed. "We see this exclusive agreement with Guangdong Richvast as a further opportunity to increase our production capacity of air conditioners and to further our worldwide diversification strategy," said Vasilios Koutsobinas of ICT Technologies.

SYDNEY: Rothschild Australia and E3 International have revealed plans to launch a Carbon Ring Consortium to provide companies in the Asia Pacific Region with an innovative way of understanding the risks of the new carbon market analysts estimate could be worth up to US $150 billion by 2012, a company report said. "With recent developments in international climate change policy, the question is no longer if, but when the global carbon trading market will emerge and Rothschild Australia, through Carbon Ring, intends to be at the forefront of this market," said Richard Martin of Rothschild Australia.

REDMOND: Microsoft today announced it will join forces with Wistron Corporation to manufacture the Xbox video game system, a company statement revealed. "As the world's leading contract manufacturer for the PC industry, we are looking forward to working on this groundbreaking game console and helping Microsoft meet its manufacturing goals and consumer demand for Xbox and we look forward to a long, successful relationship," said Simon Lin of Wistron.

TAIWAN: Ionics Incorporated today officially celebrated the opening of its new state-of-the-art resin regeneration facility at Taoyuan in Taiwan, a company report said. "We are proud of the high-quality services that we can offer our customers at Ionics' new resin regeneration facility, which is the largest such facility in South Asia and we are equally committed to providing responsive customer service through this facility," said David Chen of Ionics.

SINGAPORE: Collaborative supply chain solutions and management services provider ECnet today released details of its strategic alliance with eBizprise and CAEMS to form the ‘Asia Supply Chain Alliance’ (ASCA), a media report revealed. "ASCA brings together three leading players in the forefront of the technology industry: eBizprise, CAEMS and ECnet will enable the next generation of supply chain collaboration to enterprises in the key industries in Asia and our clients can now readily assess the health of their businesses and make effective and rapid decisions together with their trading partners by using our solutions that are built on the integrated platform," said Peter See of ECnet.

LEIPZIG: On 15 September 2002 a world-wide novelty will be unleashed: www.snoozeland.com is the first platform where hotel rooms can be auctioned and bid for over the internet. For more information visit the site.

HONG KONG: UA Cinemas has been elevated to the level of ‘Superbrand’ after winning an award at a Superbrand presentation ceremony in Hong Kong, a media statement said. "When going to a UA cinema, peoples high expectations are satisfied and customers are prepared to pay a premium for this," said Victor Jeffery of Superbrands Hong Kong in describing the determining factors that make a Superbrand.

HONG KONG: Ultima II cosmetics has also been hailed as a ‘Superbrand’ after winning an award at a Superbrand presentation ceremony in Hong Kong, a media statement said. "Ultima II knows the Chinese woman's cosmetic needs more than the Chinese woman and we pride ourselves in supplying these needs," said Percy Chin of Ultima.

VANCOUVER: Placer Dome Asia Pacific has extended the closing date of its offer to takeover AurionGold until Tuesday 10 September 2002, the company announced today. "We strongly believe our offer is attractive for AurionGold shareholders and that an investment in Placer Dome provides significantly more liquidity globally than AurionGold and greater leverage to an increasing gold price and we urge shareholders to accept our Offer and participate in the benefits expected to be generated for all shareholders," said Jay Taylor of Placer Dome.

SYDNEY: Households in Australia and New Zealand are responsible for the emission of more than 15 tonnes of greenhouse gases per household per year and a large proportion of this energy is wasted on heating and/or cooling, to combat this on Sunday the 8th of September between 11am and 4pm, houses featuring passive and active solar design elements will open their doors in all capital cities and many regions across Australia and New Zealand during the first Solar House Day.

TOYKO: Internet Initiative Japan will offer an email auditing, virus detection and elimination function designed to prevent information leaks, the ‘IIJ Mail Gateway Service’ will be available for a small fee from 31 October 2002, according to a media release.

HONG KONG: Maxx Bioscience has appointed a new Chief Technology Officer and Executive Director, the company reported today.

SEOUL: Broadband internet access services provider Korea Thrunet has released the results of its operations for the second quarter ending 30 June 2002, the company announced today.

(AsiaNet is a consortium of leading news agencies distributing unedited,translated press releases for worldwide clients. Contact: www.asianetnews.net for full-text versions).

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