All Asia Licensing, Inc. (Pink Sheets:AASI) announced today the
appointment of Stanley Loh to the Company’s Board of Advisors, according
to CEO Anthony Lee.
“Stanley is an experienced entrepreneur with high-level contacts in
Asia. For years he was involved in turning inventions, concepts and
ideas into commercially-viable products and services,” Lee said in
making the announcement. “His brilliant understanding of technology –
along with his numerous achievements within Asia – will bring excellent
diversity and expertise to the All Asia Licensing management team and
the Board of Advisors,” Lee pointed out.
In Loh’s career, he has founded or advised companies involved in
software development, technology development, electronic payments and
processing (prepaid and loyalty), video compression with triple-play
opportunities, high-speed and wireless networks for education and rural
communities, e-learning, education and alternative energy (battery
management in electric and hybrid vehicles).
Most notably, in 2008 Loh was successful in assembling and negotiating
the formation of “China MoneyBar Payments”, a joint venture between
MoneyBar Technologies, Inc. and Merchant Link, a subsidiary of China
Union Pay.
Loh has served as an advisor to the Minister of Communications of
Cambodia and has also been the first international representative for
Malaysia’s Multimedia Super Corridor, a world-class incubator project
for technology. In 2007 he served as the international team leader for
the Distance Education Modernization Project, an Asian Development Bank
commitment for the modernization of Sri Lanka’ educational system.
Loh is also a business writer and has constructed financial forecasts
for the establishment of an ambitious infrastructure development within
rural India. He was an editor with the Oxford University Press and has
authored textbooks in secondary education.
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.
“Safe Harbor Statement” Under the Private Securities Litigation Reform
Act of 1995:
Certain statements in this news release are "forward-looking statements"
within the meaning of the Private Securities Litigation Act of 1995.
These statements include, without limitation, statements concerning the
ultimate success of products and services 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. These risks are to be
included in filings with the Securities and Exchange Commission, all of
which are to be 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.
Gregory A. McAndrews
Greg McAndrews & Associates
Tel:
(310) 301-3035
Fax: (310) 821-4187
greg@gregmcandrews.com
or
Investor
Relations
All Asia Licensing, Inc.
Tel: +1 (866) 575-6854
Fax:
+1 (877) 420-7950
ir@allasialicensing.com
