ASIANET: Daily Summary for Thursday, October 4, 2001.

LOS ANGELES: Nine former Cathay Pacific pilots have filed suit against the airline for damages in excess of USD $100 million dollars, after being terminated without cause or grievance hearings, a media release said today.

TAIPEI: Taiwan's primary and secondary schools, universities, research centres and government education ministries will be connected internationally to the Internet via Asia Global Crossing Taiwan's networks in the first major contract win since the company gained a local license, the telco annouced today.

PALM BEACH GARDENS: Australasian Correctional Management Pty Ltd has been nominated the preferred health care services tenderer for Victoria's Public Corrections Enterprise, parent company Wackenhurt Corrections Company said today. The final outcome of the tender process - to provide comprehensive primary health care services for approximately 2,144 offenders housed in 11 public prisons - will be contingent a number of factors including purchase and funding approval, the media release said.

BARCELONA: Global leather industry service provider, LeatherXchange, has secured euro 7.5 million in second round financing, according to a press release. "This is one of the largest venture capital investments this year in a vertical sector services provider with a significant electronic commerce presence", the company said.

CARLSBAD: Young golf sensation Ty Tryon has joined Callaway Golf Company as a staff professional and will play using the company's clubs and merchandise, Callaway announced today.

MOBILE: Aviation technology jointly developed by Accelerated Technology Inc and Cascade Engineering Services has fulfilled the U.S. Federal Airport Authority's "level B" certification. The Nucleus RTOS software would "eliminate the possibility of hazardous end results which reduce the capability of the aircraft or crew members from safely operating the airplane", a company statement said.

TOKYO: The first Japanese "wide-area Ethernet platform" will launch in mid-October, Crosswave Communications Inc, developers of the infrastructure, said today.

DENVER: Newmont Mining Corporation said today that second half earnings before non-cash and merger costs would offset a first half operating loss of $29.4 million or 15 cents per share.

(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).

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