ASIANET: Daily Summary - Press Releases Distributed for Thursday, November 8, 2001

GENEVA:The World Economic Forum announced today that it will hold its Annual Meeting in 2002 in New York instead of Davos, Switzerland, in a "move that signals its members' determination to tackle head-on the extraordinary challenges faced by the world after the attacks of 11 September."

LOS ANGELES: A press statement said today the five major U.S. music companies - Bertelsmann Music Group (BMG), EMI, Sony Music Entertainment, Universal Music Group and Warner Music Group - will cooperate on the not-for-profit release of a two-disc CD set and a DVD/videocassette of "America: A Tribute to Heroes," continuing the fundraising efforts of the historic two-hour Tribute that was shared by more than 100,000,000 people on September 21.

CALIFORNIA: A Columbia Pictures media release said the first "official peek" at the Green Goblin, the arch-enemy of Spider-Man, will be unveiled today across the globe.The Goblin is played by Willem Dafoe, who earned his second Oscar nomination in 2001 for his acclaimed performance in Shadow of the Vampire.

COLORADO: A McDATA press release said today CEO Jack McDonnell will host a live, on-line audio event at 2.30 p.m. (US EST) on November 8 to "discuss ways in which companies can form reliable business continuance plans, how to ensure 24/7 access to data, what that means to the bottom line, and how high availability SANs (storage area networks) play a crucial role in protecting data."

VIRGINIA: A press release announced today that .BIZ - the Internet domain built exclusively for business - is now live. At 00:00:01 U.S. EST, NeuLevel formally activated over 160,000 pre-registered .BIZ domain names from more than 150 countries.

TOKYO: Internet Initiative Japan today announced that the Company will launch IIJmio DSL/SF, an Internet connectivity service for individuals using the regional NTTs' ADSL open lines, effective from November 19.

SINGAPORE: Candle Corporation today announced the availability of OMEGAMON XE for Websphere Application Servers - "a powerful tool for optimising the performance and availability of IBM Corporation's market-leading e-business infrastructure building block."

CALIFORNIA: ystemonic has announced the signing of a multi-faceted agreement with Raytheon Company's Commercial Electronics business (RCE), providing "a partner that will capitalise on Raytheon's advanced Wireless LAN (WLAN) assets."Systemonic will "leverage the acquired technologies to offer whole silicon system solutions that focus on powering wireless data, video and voice networks, across standards and across the world."

HONG KONG: Asian Internet media, communications and interactive services company, hongkong.com, today announced third quarter net profit, excluding the effect of one-time expenses and non-cash write-down, was HK$11.16 million. This represented a 146% increase compared to the net profit of HK$4.54 million in Q3 2000.

BERMUDA: Asia Global Crossing today reported financial results for the third quarter ended September 30 reflected treatment of IPC as a discontinued operation. The company reported $US128.9 million in Proportionate Cash Revenue, an increase of 102 per cent over $63.9 million in the third quarter of 2000.

LUEBECK: Medical and Safety Technology Group, Draegerwerk AG, reported that consolidated three-quarter sales advanced by 13.6 per cent to Euros 825.6 million (up from Euros 726.9 million). At 18 per cent, non-German sales outpaced domestic gains (up 4 per cent). Accounting for around 70 per cent, foreign business reached a new record.

CALIFORNIA: Callaway Golf Company announced today that its Board of Directors has approved a dividend for the third quarter of 2001 of $US.07 per share, payable on December 12 to shareholders of record as of November 21.

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

• ข่าวUniversal Music Group
• ข่าวWorld Economic Forum
• ข่าวauto
• ข่าวo:heal
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