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BEIJING, Jul 15, 2008 (BUSINESS WIRE) -- All Asia Licensing, Inc. (Pink Sheets: AASI) announced today that Han Shuyuan joined its Board of Advisors.
Shuyuan is President of the Tianjin Guoli Investment Guarantee Company of Tianjin, China and has a background in accounting and finance of more than 22 years.
"Han's extensive network of contacts within the Chinese finance industry as well as his experience working with the Chinese government will assist All Asia Licensing greatly in forming business bridges for our clients wishing to deal within China," according to CEO Anthony Lee. "We are optimistic that his financial expertise will add tremendous value to the Board of Advisors and look forward to his astute contributions on the advisory team," Lee said.
In his career, Shuyuan has held significant positions of influence, such as General Manager of Business in the Agriculture Bank of China as well as Bank Director at various locations for the Agriculture Bank of China.
"Shuyuan has strong relations in Tianjin, Binhai, Beijing, Hebei, Shanxi, Inner Mongolia, Shanghai, Hangzhou, Jiangsu, and Xinjiang, among others," Lee pointed out. "He is well respected in the financial industry and has developed numerous professional affiliations over his career," Lee added.
All Asia Licensing, Inc. is a major conduit for investors to access the rapidly growing Chinese economy. By acquiring a controlling stake in unique Chinese businesses, providing capital and international-minded management, All Asia Licensing creates an opportunity for these companies to prosper in their own industries. Working with small-to-medium sized companies, All Asia Licensing assists clients by using a comprehensive suite of services of business management, consulting services and technical support through specialist networks.
For more information, contact our Investor Relations:
Tel: +1866 575 6854
Email: ir@allasialicensing.com
Safe Harbor Statement:
“Safe Harbor Statement” Under the Private Securities Litigation Reform Act of 1995:
Certain statements in this Press Release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. These statements include, without limitation, statements concerning the impact of the settlement agreement on our future business prospects and our ability to successfully complete the commercialization of the Netsweeper products in China. These forward- looking statements are based on our current expectations and beliefs and are subject to a number of risk factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include the risk that the settlement agreement will not produce the results we intend and all of the risks inherent in commercializing a new product (including technology risks, market risks, financial risks and implementation risks, as well as other risks and uncertainties affecting the Company), included in filings with the Securities and Exchange Commission, all of which are available at www.sec.gov. We disclaim any intention or obligation to revise any forward-looking statements, including, without limitation, financial estimates, whether as a result of new information, future events, or otherwise.
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