TORONTO, Nov. 19, 2008 (GLOBE NEWSWIRE) -- Aspire International Inc.'s ("Aspire" or the "Company") (OTCBB:APIT) wholly owned subsidiary, Aspire GuangXi Inc., announced today that the Company has hired a group of mining experts to do a site survey on the GuangXi FangCheng Pingwang Nawang Manganese mining property.
The GuangXi FangCheng Pingwang Nawang Manganese mining property currently has a mining area of 21.3 KM(2) with daily production capacity of 100 tons. On August 28-29, this group of Canadian mining professionals, including geologist Mr. Duncan Bain, was joined by representatives of the Company for a site visit. This visit included surface observations of exploration, development and mining activities on the NaWang concession and in the district surrounding this concession. The group has taken samples of the mineralized material plus host rock material above and below the ore. This site visit will allow Mr. Bain to write a technical report on the mining property in accordance to the National Instrument 43-101.
About Aspire International Inc.
Aspire International Inc. (OTCBB:APIT) was registered in the state of Maryland. Perfisans Networks Corporation, (www.perfisans.com), is a wholly owned subsidiary of Aspire International Inc. and is headquartered in Markham, Ontario, Canada. Aspire GuangXi Inc. (http://www.apit.ca) is a Wholly Owned Foreign Enterprise (WOFE) in China. The company is led by a seasoned management team to manage and oversee the mining operations. More information can be obtained from the Company's web site at www.perfisans.com and http://www.apit.ca
Cautionary Statement
This press release contains statements relating to future results of Aspire (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the cyclical nature of the semiconductor industry and the markets addressed by the company's and its customers' products; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; changes in product mix; product obsolescence; the availability of manufacturing capacity; fluctuations in manufacturing yields; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the uncertainties of litigation; our ability to attract and retain qualified personnel; as well as other risks and uncertainties, including those detailed from time to time in Aspire's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.