TORONTO, May 6, 2008 (PRIME NEWSWIRE) -- Aspire International, Inc. ("Aspire" or the "Company") (OTCBB:APIT), a next-generation, semiconductor company focused on high-speed wireless communication and consumer semiconductor markets, announced today the opening of a branch in Hong Kong for its central access to China and Asia region.
Hong Kong is home to many of the world's largest companies and financial institutions. Many of Aspire's suppliers and customers have offices in Hong Kong, making Hong Kong a logical choice for an Asia central office.
Aspire continues to grow into the Hong Kong, China and Far Eastern market. The 2008 Beijing Olympic game is driving the High Definition Television (HDTV) broadcast in Hong Kong and China. Hong Kong is one of the Asian cities leading the deployment of HDTV broadcast over air. Aspire is taking strong position to capture this growing opportunity by setting up a branch in Hong Kong to provide HDTV and IPTV solutions for the customers.
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.
Aspire International Inc. is a fabless semiconductor company focused on developing leading edge, cost-effective, system-on-chip (SOC) integrated circuits (IC) and delivering innovative solutions that address the performance needs of next-generation semiconductor market demand. The Company's technologies have applications in data-telecommunication, storage networks, content delivery networks, broadband networks, rich streaming media, High Definition TV broadcast, Internet Protocol TV, broadband wireless, wireless surveillance and cellular phone applications.
More information can be obtained from the Company's web site at www.perfisans.com.
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.