IRVINE, Calif., Jan. 31, 2007 (PRIME NEWSWIRE) -- The report "Better Mousetrap Files" has been made available to the investing public via financial courier SmallCap Sentinel. The report will examine 'better mousetrap' stories within the publicly traded space, scrutinizing past successes and reviewing potential ideas within the smallcap sector of the market. Today's feature is a company targeting the growing market for luxury products in China.
"Today's profile of China Premium Lifestyle Enterprise, Inc. (OTCBB:CPMM) explores a company targeting a growth industry within a growth market as they sell luxury items to China's burgeoning upper class," stated SmallCap Sentinel analyst D.R. Clark. "Twenty-five years ago, there wasn't a single reported millionaire in China. As of Dec. 2005, there were 350,000 people in China with assets exceeding $1 million."
China Premium Lifestyle recently acquired 49 percent of Technorient, a Hong Kong-based company whose principal business is the importation and distribution of luxury sports cars in Hong Kong, Macau and China. It intends to acquire the remainder of the company during 2007. Through its acquisition of Italian Motors (Sales & Service) Ltd. and Auto Italia Ltd. in 1983, Technorient became the sole distributors for both Ferrari and Maserati in Hong Kong and Macau, and was effectively responsible for the introduction of the Ferrari brand name to China, having sold the first car on the mainland in 1993. China Premium Lifestyle is also the exclusive distributor of Alpha Romeo and Ferreti Yachts in Hong Kong and Macau. The company plans to begin selling Alpha Romeo in China in 2007.
A company profile of China Premium has been made available here: http://stockupticks.com/profiles/1-30-07.html
The informational report "Better Mousetrap Files" has been made available to the investing public at www.SmallCapSentinel.com. The report discusses better mousetrap equities including eBay (Nasdaq:EBAY), Google (Nasdaq:GOOG), Microsoft (Nasdaq:MSFT), and China Premium Lifestyle Enterprise, Inc.
Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that will affect the results. SmallCap Sentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project its capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy nor offer to sell securities but is rather a paid advertisement provided for information purposes only and shouldn't be used as basis for any investment decision. MP isn't an investment advisor and this report isn't investment advice. MP has been paid $8,000 by Huntington Chase Ltd. for preparation and distribution of this report and other advertising services. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding subject companies.