TORONTO, July 11, 2011 (GLOBE NEWSWIRE) -- Aspire International Inc. (Pink Sheets:APIT) today announced that it has signed a Letter of Intent to acquire a company offering automobile security monitoring services in China utilizing GPS technology.
Jiangmen Security Officer Car Alarm Co. Ltd. is a security monitoring company providing automobile tracking, monitoring and other value added services. As China has become the number one automobile sales market in the world, the problem of theft and stolen vehicles has also grown significantly.
CEO Bok Wong commented, "We believe this new security market in China has tremendous potential and would like to take a first step to enter it. We have started the due diligence process and continue to explore the market opportunities in this area."
About Jiangmen Security
Jiangmen Security Officer Car Alarm Co. Ltd. was founded in 2007 to focus on providing GPS-based tracking and monitoring services for automobiles in China. For more information, please refer to http://www.jmswz.net.
About Aspire International
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, e-commerce and high-tech projects.
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