TORONTO, Aug. 18, 2011 (GLOBE NEWSWIRE) -- Aspire International Inc. (Pink Sheets:APIT) today announced the startup of its Hong Kong-based Mygos ecommerce platform in Taiwan, the first step of a planned Mygos rollout into a number of dynamic Southeast Asia markets.
With an estimated 2011 GDP near US$450 billion, Taiwan ranks among the world's top twenty-five economies. It has an entrepreneurial, export-driven economy with gradually decreasing state involvement in investment and foreign trade. The trade surplus is substantial, and its foreign reserves are the world's fifth largest.
In 1962, Taiwan had a per capita gross national product (GNP) of US$170. But by 2005 its per capita GNP, adjusted for purchasing power parity (PPP), had soared to US$27,600. Taiwan is now the world's largest supplier of contract computer chip manufacturing (foundry services) and is a leading manufacturer of LCD panels, DRAM computer memory, networking equipment and consumer electronics.
Aspire CEO Bok Wong commented, "The initial response to our Taiwan initiative has exceeded our expectations. We are already experiencing a rapid rate of growth in business, which would indicate a strong market for the services we provide. The Taiwanese are noted for their entrepreneurial skills. We believe that our Mygos ecommerce platform provides significant leverage for optimizing the application of such skills."
The company expects Mygos to enter other major Southeast Asia markets before the end of September as it continues to build and expand its presence in the Far East.
In addition, Aspire expects to complete a transaction with respect to its principal manganese mining target within 30 days.
About Aspire International Inc.
Aspire International Inc., www.aspireinternationalinc.com, is a U.S. corporation whose executive offices are in Toronto, Ont., Canada. Aspire is an emerging holding company focused on resource, ecommerce and high-tech projects.
Earlier this year the company acquired and now operates a Hong Kong-based international B2C shopping mall, www.mygos.net, "My Global Online Shop" (Mygos) – an ecommerce platform that enables anyone to start his or her own business online.
Aspire also intends to acquire, explore and develop world-class mineral properties in the Guangxi Zhuang Autonomous Region of southwestern China, prospective in particular for manganese and gold.
The company's principal manganese mining target is a property that covers an area of 21.3 square kilometers containing 7.4 million metric tons of ore according to an NI 43-101 compliant report certified by a qualified geologist with more than thirty years experience. The on-site operations are led by a highly capable Chinese management team.
Recently a LOI was executed to acquire a majority interest in a 3.95 square kilometer concession (also located in the Guangxi Zhuang Autonomous Region) known to contain a minimum of five zones of gold mineralization, of which two are in production and considered economically viable. According to government geologists and recent geological survey work, the property may contain over one million metric tons of commercially mineable gold-bearing ore, with considerable additional potential to further expand the resource.
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