AsiaNet Daily Summary - Press Releases for Friday October 24

TOKYO: Japan's Toppan Printing Co. Ltd. and The Palace Museum in China have been working on a joint project, applying digital technology in the preservation and exhibition of cultural properties.

www.toppan.co.jp/english/

TOKYO: Dialog, a Thomson business and a worldwide provider of online-based information services and integrated information solutions, today said that its long-time partner in the Japanese market, G-Search Ltd, will highlight value-added content from Dialog at next week's Database 2003 Tokyo Conference meeting here October 29 - 31.

HONG KONG: Hong Kong based Artificial Life, Inc., a provider of award winning intelligent agent and mobile computing technology, today announced a co-operation with Ericsson Limited of Hong Kong, a company 100 per cent owned by Ericsson.

www.artificial-life.com

AUCKLAND: SpeedLegal has announced that Bell Gully, New Zealand's leading commercial law firm, is rolling out SmartPrecedent, SpeedLegal's enterprise document automation solution. Bell Gully will use the system to create intelligent, automated precedents, initially for the lawyers in its financial services and property groups.

www.speedlegal.com

GENEVA: The Earth Council has announced the establishment of the Earth Council - Geneva and the election of a distinguished business and public service leader, Reto Braun, as its Chairman. The Earth Council - Geneva is an autonomous Swiss non-governmental organization affiliated with the Earth Council Foundation Canada with offices in San Jose, Costa Rica and the Earth Council Foundation - USA.

www.EarthCouncil.com

BEIJING: Alcan Inc. announced the signing of a definitive joint venture agreement with the Qingtonxia Aluminum Company and the Ningxia Electric Power Development and Investment Co. Ltd. Under the agreement Alcan will invest up to US$150 million, following necessary regulatory approvals for a 50-per-cent participation and secure power supply in an existing 150-kilotonne modern pre-bake smelter located in the Ningxia autonomous region, in the Peoples' Republic of China.

CNH GLOBAL...

LAKE FOREST: CNH Global N.V. reported a third quarter net loss of $36 million, substantially better than the net loss of $66 million for the same period last year. Excluding restructuring charges in both periods, CNH's third quarter bottom line was a net loss of $15 million, compared to a third quarter 2002 loss of $58 million, while net sales of equipment were up 12 per cent in the quarter, driven by strong sales ofthe company's agricultural equipment across all major markets.

OSLO: Dynal Biotech ASA announced that it has entered into agreements for the acquisition of the businesses of Pel-Freez Clinical Systems, LLC (Milwaukee, Wisconsin, USA) and Pel-Freez Biotechnology (Beijing), Ltd., as well as other selected assets of Pel-Freez Diagnostics Inc. Closing of the transaction, which is subject to certain customary conditions is expected to occur prior to the end of October.

www.dynalbiotech.com

LOS ANGELES: On the evening of Monday, October 27, 2003, some of Hollywood's biggest personalities will gather on the grounds of a private Holmby Hills, California Estate for the Louis Vuitton United Cancer Front Gala.

DYNAMIC REWARDS...

BRISBANE: Dynamic Rewards launched its US operations giving its members the opportunity to share in 5 million points in its Live Life promotion. The Live Life promotion sponsored by Dynamic Rewards and its merchants is giving one lucky member the opportunity every year for the next 10 years to collect 500,000 points, with the Live Life promotion giving the winning member the option to redeem their points for everything from groceries to petrol, clothing, gifts, mortgage payments, free airfares and more.

BEIJING: SOHU.COM Inc., a Chinese online media, communications, commerce and mobile value-added services company, today reported results for the third quarter ending September 30, 2003. This included a revenue rise of 194 per cent year-on-year to US$22.1 million, making it the 13th consecutive quarter of double-digit quarterly sequential revenue growth.

www.sohu.com

GREENWOOD VILLAGE: Following months of analysis and discussion, the second largest independent real estate organization in New Zealand, Leaders Real Estate (1987) Limited, has become RE/MAX Leaders Real Estate. With 21 offices in the greater Wellington area and 250 sales associates, the firm completed more than 7000 transactions last year -- an average of 28 per agent -- producing a sales volume of $30 million and a 40 percent market share.

www.remax.com

TOKYO: The automotive market in China shows signs of breaking into two main camps, one favoring domestic control and the other focused on global rationalization, according to research presented by CSM Worldwide today in Tokyo, Japan. The divided approach could result in the Chinese auto industry becoming fragmented and beset with inefficient processes and structures.

SYDNEY: For the tenth consecutive year, travel agents from around the world have chosen the global distribution system (GDS) of Sabre Travel Network as the World's Leading Computer Reservations System (CRS)/GDS at this year's annual World Travel Awards ceremony.

www.sabre-holdings.com/

BRISBANE: In yesterday's address to the Australian Parliament, President George W. Bush invoked the memory of America's famous General Douglas Macarthur crediting him with establishing the enduring 60 year alliance which still bonds the two countries.

HONG KONG: chinadotcom corporation has announced that one of its mobile and portal units has signed an initial agreement with Jamba! AG, an operator-independent wireless entertainment provider in Europe, to form a 50/50 joint venture as part of its global wireless strategy to enhance its commitment to driving the development in the mobile communication industry. Jamba! has established long-term relationships with majorEuropean operators including Vodafone, Orange, T-Mobile, e-Plus and i-Mode.

www.corp.china.com

HONG KONG: The Board of Directors of DF China Technology, Inc. has announced that the company recorded a net loss of HK$101.7 million (US$13.0 million) for the fiscal year ended March 31, 2003 compared to losses of HK$18.1 million (US$2.3 million) and HK$88.2 million (US$11.3 million) in fiscal years 2002 and 2001, respectively.

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

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