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Peak International Limited Appoints Splendid Zuo as China Country Manager
HONG KONG, Nov. 20 /PRNewswire-FirstCall/ -- Peak International Limited
( PEAK) today announced that Splendid Zuo has been appointed China
Country Manager effective immediately. Mr. Zuo will be responsible for
Peak's China strategy, including the growth of Peak's presence in the
Chinese market, driving sales and establishing strategic partnerships that
allow Peak to expand on existing product lines, add new product lines, and
develop additional production capabilities.
Mr. Zuo has been with Peak since 1994. His career began as a
qualification engineer, progressed to Engineering Manager, then Vice
President Engineering. He has been the Shenzhen factory General Manager
since 2005 and is a graduate of Cheng Du Science & Technology University
and holds an MBA from Massey University, New Zealand.
"Our factory is located in one of the world's fastest growing economies
and Splendid has led the transformation of Peak's manufacturing
capabilities within this environment as a leader inside and outside of the
company," said Dean Personne, president and chief executive officer of Peak
International Limited. "Now he will extend his influence to greater China
through partnerships that we expect will provide additional fuel for our
future growth."
About Peak International Limited
Peak International Limited (www.peakinternational.com) is a leading
supplier of precision-engineered packaging products for storage,
transportation and automated handling of semiconductor devices, disk drive,
wafer fab, electronic, medical, and other industries. There are
approximately 1,400 people who are working for Peak directly worldwide or
indirectly in its factory in Shenzhen, the PRC, which is operated pursuant
to a processing agreement with an unaffiliated party. Peak operates
warehouses throughout the world and offers JIT services to some of the
world's largest companies.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the "safe harbor" provision of the Private Securities Litigation
Reform Act of 1995, including, without limitation, statements related to
the Company's ability to increase revenues and manufacturing capabilities
in China. These and other forward-looking statements are not guarantees of
future results and are subject to known and unknown risks, uncertainties
and other factors that may cause actual results, performance or
achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by the
forward-looking statements. Such factors include but are not limited to:
the price of raw materials, factors relating to conditions in
semiconductor, disk drive, wafer fab, electronic, medical and other
industries, the amounts the Company may have to pay for workers at the PRC
factory operated by a third party, difficulties related to working in the
PRC, including regional government and processing partner relations, the
market acceptance of its products, the introduction of new products by the
Company's competitors, currency fluctuations, any future economic downturn,
and other matters that could cause actual results to differ materially from
the projections made herein. Additional risks are detailed in the Company's
filings with the Securities and Exchange Commission, including the
Company's Quarterly Reports on Form 10-Q and Annual Report on Form 10-K for
the year ended March 31, 2007, filed on June 29, 2007. Statements included
in this press release are based on information known to the Company as of
the date of this release, and the Company assumes no obligation to update
or revise any forward-looking statements or to update the reasons why
actual results could differ from those projected in any forward-looking
statement in this release.
Contacts:
John Supan Lytham Partners, LLC
Chief Financial Officer Joe Diaz
Peak International Limited, Hong Kong Joe Dorame
+852-3193-6000 Robert Blum
(602) 889-9700
SOURCE Peak International Limited













