TORONTO, June 10, 2008 (PRIME NEWSWIRE) -- Aspire International, Inc. ("Aspire" or the "Company") (OTCBB:APIT), announces today the company's new business development plan.
Aspire International has recently set up two subsidiaries in Hong Kong and China. The China subsidiary Aspire (GuangXi) Inc. will focus in the natural resources industry and the Hong Kong operation will continue the focus in the consumer electronics area.
The development of mining and natural resources industry in the world is in the fast growing pace as mineral commodity continues to gain good price and high demand.
Electronics business in the High Definition TV broadcast and wireless communication is also in the high growth, high demand area.
Both Aspire's subsidiaries are in the two of world's fastest growing industries. They operated as two separate independent business units and are headed by experienced business managers of the industries.
About Aspire International Inc.
Aspire International Inc. (OTCBB:APIT) was registered on December 18, 2007 in the state of Maryland. Perfisans Networks Corporation, (www.perfisans.com) founded in 2001, is a wholly owned subsidiary of Aspire International Inc. and is headquartered in the high-tech zone of Markham, Ontario, Canada.
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.