Asian Star Begins Trading on the Berlin Bourse Stock Exchange.Business Editors/High Tech Writers HONG KONG--(BUSINESS WIRE)--June 2, 2000 Asian Star Development, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ASTV ASTV Aeroassisted Space Transfer Vehicles ), with its principal office in Hong Kong, begins trading of its shares on the Berlin Stock Exchange's booming Third Market Segment. The WKN number for Asian Star Development, Inc is 938420 and the trading symbol for ASTV.BE, is DVP DVP See delivery versus payment (DVP). . Quotes for the Berlin exchange can be accessed on the following URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. :http://money.berlinerboerse.de/ The Berlin exchange specializes in the over-the-counter trade of U.S. shares, such as the Technology giants Microsoft or Cisco. There are some 8,756 stocks listed on the exchange, of which 8,001 are foreign, including 5,210 from the U.S. The board of Asian Star Development Inc., believes the company will benefit from the recent consolidation moves of ConSors Discount Brokers AG -- "Europe's number Two (2) online broker who have 376,000 customers who use their system to trade shares online"-- with the Berliner Bourse. Consors Discount brokers AG, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Karl Matthaeus Schmidt is quoted to say that Berliner Bourse and Consors will also hold talks with E-trade with an eye toward joint development of the European markets. Companies listed on the Berlin Stock Exchange's Third Market Segment so far in May include companies such as Software Technologies (Nasdaq:STCS STCS SVM (Service Module) Thermal Control Subsystem STCS Signalling and Train Control System (railways) STCS Self-Tuning Control System STCS Senior Chief Sonar Technician (Naval Rating) ), Embarcadero Technologies (Nasdaq:EMBT EMBT Emergency Main Ballast Tank EMBT European Mountain Bicycling Trails EMBT Explosive Minefield Breacher Trainer ) Internet firms like Cavion Technologies (Nasdaq:CAVN), Cyber-Care, Inc. (Nasdaq:CYBR) and Adaptive Broad Band (Nasdaq:ADAP). Stephen Chow, President of Asian Star, stated that "The European market is a very important growth area for our firm and we are delighted to have found an exceptional firm in Berliner Frieverkehr to become the exclusive trader for our shares on the Berliner Bourse." The above statements in regard to Asian Star Development, Inc. which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including Asian Star Development, Inc.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate and marketplace changes. |
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