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See more news releases in: Computer Electronics, Personnel Announcements

 

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