ASIANET: Daily Summary on Tuesday, July 10, 2001

Wednesday 11 July 2001 08:56
Jul 10--PRNewswire/AsiaNet
FROM FISHING TO SURFING...
FUNAFUTI: Before the Internet, fishing was the economic lifeblood of South-Pacific island nation, Tuvalu. That is until its name earned Tuvalu a special pourboire; its ".tv" abbreviated Web address fortuitously endowing it with a $US 50 million deal with Internet domain name company, the .tv corporation, for rights to the letters. Now it baits its rod differently; the financial windfall facilitating sharp improvements in the country's social development and forging membership to the U.N.
U.K RESELLING DEAL...
BROOMFIELD: McDATA Corporation, the information management company, has chosen InTechnology plc, developers of enterprise management software, to resell its storage network technology in the United Kingdom, the company announced today.
MINING ACQUISITION...
LUENEN: DBT Deutsche Bergbau-Technik GmbH, the underground mining technology company, would expand its range of products and manufacturing capacity in acquiring the worldwide assets of Long-Airdox Companies, a news release said today.
LEAN PRODUCTION, LONG CONTENT...
BROOKLINE: The Lean Enterprise Institute, a not-for-profit organisation, today shortlisted eight books covering the essential principles and history of "lean production", to be marketed via its website, public workshops and conferences, according to a news release.
OPTICAL BREAKTHROUGH...
SAN DIEGO: Optical technology manufacturer, LightPointe, will showcase its latest feat, the first 2.5 gigabit-per-second (Gbps) product, at Baltimore's National Fiber Optic Engineers Conference this week.
SPEEDIER SURFING...
WESTLAKE VILLAGE: Wireless data product producer, GTRAN Wireless, today commercially launched its latest "data card", customised to both North American and Asian operating bands and facilitating fast Internet access.
OIL/GAS DISCOVERED...
CALGARY: New York Stock Exchange-listed Gulf Indonesia Resources Limited today announced the discovery of two more offshore oil and gas wells near East Java.
ADVANCED DISK RANGE...
TAIPEI: Memory module supplier, Apacer Technology Inc, in partnership with Silicon Storage Technology, today unveiled its latest range of data storage products, asserting their "even higher performance and even more advanced security features."
DIVIDEND DECLARED...
HAMILTON: Asset management company, W P Stewart & Co Ltd, has declared a regular quarterly dividend of US$0.30 per common share, payable on 31 July 2001.
EXECUTIVE APPOINTMENTS:
AUBURN HILLS: MSX International today named John Miller as executive vice president, corporate product development and chief administrative officer, allocating him responsibility for the company's four new service platforms.
BEIJING: SOHU.COM Inc has promoted Mr Victor Koo, senior vice president, Corporate Business Development, to chief operating officer, reporting to the ceo, president, and chairman of the board of directors.
(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).