Asiana Corp (ASIC) Signs Agreement with Shanghai Bank Union
27 5월 2008 - 11:25PM
PR Newswire (US)
BEIJING, China, May 27 /PRNewswire-FirstCall/ -- Asiana Corporation
(ASIC) is pleased to announce that it has signed and completed the
online bank card payment service agreement with Shanghai Bank
Union, a Chinese bank. The online service will be made available to
Chinese users on the company operating website
http://www.iexpay.com/ Mr. Robert Xu, Asiana's CEO, said, "We are
very pleased with this new alliance and we look forward to
beginning implementation of the system at the earliest opportunity.
We are also looking to develop a brandable/white label e-wallet and
card solution for a complete China based remittance business. We
have been received by both the Chinese government and the business
community here with open arms on this project for iexpay." Mr. Yves
Yang of Construction Bank of China said, "In the Province of Jianxi
and the home city Nanchang where iexpay and Asiana is headquartered
we see many businesses and consumers using utilizing the services
of Asiana". Mr. Xu also added, "We wish to thank our loyal
shareholders for their patience while we maintained news silence
over the past 6 or so weeks, on Asiana activities. We needed this
time out to complete the deal and to advance our corporate filings
towards becoming a solicited issuer. So far everything is nicely
falling in its place. With this transaction now completed we are
told our 211 filings and approval should follow very soon. The
company will issue follow up reports on revenue guidance, and other
many back logged events shortly." About Asiana Corporation Asiana
is a publicly traded Company on the Pink Sheets. It is in the
process of developing a closed loop payment system for the Chinese
market. Closed loop payments involve debit cards and/or online
payment services backed by a member bank together with a
participating merchant in order for the end user to use the system.
In the short term, the company is focusing on applying its
technology on fundamental e-commerce applications that can easily
be built as a front end to the existing electronic funds processing
capabilities that the Company already has in place. Safe Harbour
Statement Information in this press release may contain
'forward-looking statements.' Statements describing objectives or
goals or the Company's future plans are also forward-looking
statements and are subject to risks and uncertainties, including
the financial performance of the Company and market valuations of
its stock, which could cause actual results to differ materially
from those anticipated. Forward-looking statements in this news
release are made pursuant to the 'Safe Harbour' provisions of the
United States Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements
involve risks and uncertainties, including, without limitation,
risks relating to the ability to close transactions being
contemplated, risks related to sales, acceptance of Asiana
Corporation products, increased levels of competition,
technological changes, dependence on intellectual property rights
and other risks detailed from time to time in Asiana Corporation's
periodic reports filed with the regulatory authorities. DATASOURCE:
ASIANA Corporation CONTACT: http://www.asianacorporation.com/
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