Business & Finance
Business and Finance
Business and Finance
Wed, March 21, 2012 
March 21, 2012 13:29 ET
CanAsia Appoints New CEO and CTO
CALGARY, ALBERTA--(Marketwire - March 21, 2012) - CanAsia Financial Inc. ("CanAsia") (TSX VENTURE:CNA) announces the appointments of Dr. Woo-Young Kim as Chief Executive Officer and Chief Technology Officer of CanAsia, effective March 15, 2012.
Dr. Kim has more than 12 years of senior management experience in both private and public companies. He was the Chief Technology Officer of Hyundai LCD Ltd. of Korea and Luxell Technologies Inc., a TSX company in Ontario. He also acts as technical advisor to Samsung Mobile Display. His track record in the Mobile Display industry is impressive, from making one of the first Hyundai's OLED for mobile phone over a decade ago to assisting Samsung Mobile Display and other Korean companies in their mobile, 3D and lighting products using OLED, LCD and LED. He received his Ph.D. from Purdue University of USA. He has professorships at Korea's Hoseo University and Canada's McMaster University. Dr. Kim has been a Director of CanAsia since May, 2011. He resides in Ontario with his wife and two children.
CanAsia continues to develop new models of Hyundai mobile phones and seeks revolutionary mobile technologies, business expertise and capital to support its growth.
About CanAsia
CanAsia is an Alberta registered company listed on the TSXV. It engages in the business of original design, manufacture and distribution of Hyundai brand mobile phones for the Philippines and components of mobile camera modules to leading mobile phone and computer makers in China. It is one of the six independent mobile camera module manufacturers in China producing high resolution camera modules higher than 3 mega pixels. Pacific has an in-house Class-100 Clean Room facility which is required for state of the art Chip-on- Board and Chip of Flex technological applications. CanAsia has offices in Canada, Hong Kong, China and the Philippines. ([ www.canasiafinancial.com ])
Forward-looking statements:
This press release may contain forward-looking statements about certain of CanAsia's current plans, goals and expectations relating to future sales of cell phones and financial conditions, performance, results, strategy and objectives. Statements containing the words: 'believes', 'intends', 'expects', 'plans', 'seeks' and 'anticipates' and any other words of similar meaning are forward-looking. All forward-looking statements involve risk and uncertainty because they relate to future events and circumstances beyond CanAsia's control. As a result, CanAsia's actual financial condition, performance and results may differ materially from the plans, goals and expectations set out in the forward-looking statements. Any forward-looking statements are made as of the date of this release and, other than as required by applicable securities laws, CanAsia does not assume any obligation to update or revise them to reflect new events or circumstances.
The TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or the accuracy of this release.
