ASIANET: Daily Summary Thursday, August 9, 2001

WHITE PLAINS: Australia's Walter and Eliza Hall Institute of Medical Research will establish the first international Centre of Research specialising in the lymphona cancer strand, after receiving an indirect grant of $US 500, 000 from Eli Lilly and Company, a news release has announced.

MELBOURNE: A "new frontier" of science, dendrimer nanotechnology, with implications for the life sciences, electronics and materials industries, is the focus of a new venture, Dendritic Nanotechnologies Ltd, to be headquartered in Melbourne, with an office and laboratory at the Central Michigan University, USA. Starpharma Pooled Development Ltd will invest US$2.18 million into the venture that will be headed up by the technology's pioneer, Dr Donald A. Tomalia, a media release said.

NEW YORK: Italy's new privatised lottery beginning next year would be developed by a Lottomatica and Scientific Games consortium, following an announcement by the country's Monopoli di Stato. In a news statement, the group cautioned that the decision would be subject to contract negotiations and resolving protests from other bidders.

PALO ALTO: Sun Microsystems today announced a deal with Hitachi Ltd and Hitachi Data Systems to increase market share in the storage and data management sectors, leveraging Sun's latest storage products and global server support centres. A conference call will be held August 8 at 12.00 EDT to discuss the strategic relationship.

SHANGHAI: IBM China and Shanghai Telecom today announced the opening of their jointly developed Hua Mu Internet Data Centre to provide e-business hosting services to corporations in eastern China.

HONG KONG: Dresdner Kleinwort Wasserstein (DrKW) will close its equities businesses in Hong Kong, India, Korea, Malaysia, Singapore and Taiwan to focus on "those markets and products in which the organisation maintains -- and can leverage -- a material competitive advantage", the company said today.

GREATER CHINA E-BUSINESS DEAL...

SAN JOSE: Tonbu Inc has announced a strategic alliance with IBM Global Services to market and resell their e-business products in the Greater China region.

BEVERLY HILLS: The world's largest hair transplant practice, California's Bosley Medical, has been bought by the Japanese hair systems manufacturer, Aderans Ltd, with a view to creating a comprehensive hair loss treatment company, the company said today.

ALAMEDA: Telstra, Australia's largest telecommunications company, has approved Netopia Inc's "customer premise equipment" router and made it compatible with its ADSL network, the broadband and software design company said today.

MONTEREY PARK: LightCross Inc, producer of optical components, has announced a $US 30 million injection of venture capital from the semiconductor and telecommunications industries at the close of its second round of financing.

LIVONIA: TRW Chassis Systems has introduced an "Active Roll Control" system for vehicles to reduce the risk and frequency of rollover accidents, according to a news release.

SANTA CLARA: VoicePump Inc. today debuted its latest silicon software "voice-over-broadband" technology for the Internet and digital markets intended for personal and proprietal use, the company has said.

ATLANTA: CFI Inc would take a 60 per cent stake in Ideal Fortune Holdings, an engineering, construction and property company, after signing a letter of intent, the company said today.

DALLAS: Perot Systems Corporation today announced that it has licensed its "Diamond 950" health benefits administration software to a New Zealand not-for-profit organisation with 980,000 members, Southern Cross Healthcare.

ELIZABETH: Exide Technologies will supply Iveco-International Trucks, Australia's largest manufacturer, with heavy-duty batteries and energy storage equipment, the company said today.

TOKYO: Internet Initiative Japan Inc said today that it would raise its stake in its affiliate, Asia Internet Holding, from 20.6 to 26.7 per cent.

WELLINGTON: Southern Cross Cable Network has repaired the split cable 20km off the Sydney coast ahead of schedule, the company has announced. "The cable is now carrying traffic and we have returned to our normal state as a fully protected loop network", Southern Cross President and CEO, Fiona Beck said.

DEARBORN: Visteon Corporation today said that it will supply its "Digital Versatile Disc (DVD)" entertainment system to DaimlerChrysler's car parts and accessories division, Mopar. The entertainment would be available in 2002 model Chrysler and Dodge minivans, the company announced.

PLEASANTON: Tut Systems Inc said today that it would team with NTT-ME, Rikei Corporation, Toyo Communications and EnReach Technology to offer video-on-demand and high-speed Internet technologies across a network of Japanese hotels and apartments.

IRVINE: Quantum Technologies Worldwide has been awarded several contracts by General Motors' to perform tests to optimise fuel storage within cars, the company announced today.

AUSTIN: Sanyo will exclusively sell Cygnal Integrated Product's "mixed-signal microcontroller" in Japan, and non-exclusively in the rest of Asia, Cygnal said today, after finalising a deal between the two companies.

PURCHASE: PepsiCo today announced several changes to its structure to fully capitalise on its recent merger with The Quaker Oats Company. "One of the most exciting things about merging two outstanding companies like PepsiCo and Quaker is that we can do far more together than either company could on its own," said PepsiCo Chairman and Chief Executive Officer Steve Reinemund.

WHITE PLAINS: REPLItech Asia 2001 will take place in Hong Kong, October 3-5, bringing together the Pacific Rim manufacturers of media recording technology, a media release has said.

SEOUL: Conversay, the speech technology company, today launched a product that creates the opportunity for speech-directed mobile and Internet services, "Mobile Conversay", according to a media release.

(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).

• ข่าวEli Lilly and Company
• ข่าวnews release
• ข่าวmotor
• ข่าวo:heal
• ข่าวo:asn