it sure is,
Global Vision Holdings Inc. (GVHL) Announces Name Change To Asiana
Corporation
Toronto, Ontario – December 10th, 2007 - Global Vision Holdings, Inc. (GLOBAL)
(GVHL:PK), announced today that it has changed its name to Asiana Corporation. In
conjunction with this change, the Company will be obtaining a new listing symbol.
The Company has also received new CUSIP and ISIN numbers. These will be announced
shortly with the receipt of the new ticker symbol.
In other Company news, the Company announced its intentions to execute a reverse split
immediately following receipt of its new ticker symbol. The company will issue 1 share
of Asiana Corporation for every 1,000 shares of GVHL outstanding as of December 10th,
2007.
About Asiana Corporation
Asiana Corporation is a publicly traded Company on the Pink Sheets. It is in the process
of developing a closed loop payment system for the Chinese market. Closed loop
payments involve debit cards and/or online payment services backed by a member bank
together with a participating merchant in order for the end user to use the system.
It is similar to "Pay Pal" or "iKobo". However, these 2 systems are commonly known as
"open loop online payment systems" and therefore do not require the use of bank
accounts from participating banks to function. Although they are very convenient for
consumers, they are prone to online fraud. Closed loop systems are the only type
currently allowed in China.
Safe Harbour Statement
Information in this press release may contain 'forward-looking statements.' Statements
describing objectives or goals or the Company's future plans are also forward-looking
statements and are subject to risks and uncertainties, including the financial performance
of the Company and market valuations of its stock, which could cause actual results to
differ materially from those anticipated. Forward-looking statements in this news release
are made pursuant to the 'Safe Harbour' provisions of the United States Private Securities
Litigation Reform Act of 1995. Investors are cautioned that such forward-looking
statements involve risks and uncertainties, including, without limitation, risks relating to
the ability to close transactions being contemplated, risks related to sales, acceptance of
Asiana Corporation products, increased levels of competition, technological changes,
dependence on intellectual property rights and other risks detailed from time to time in
Asiana Corporation's periodic reports filed with the regulatory authorities.
SOURCE: Asiana Corporation
www.asianacorporation.com
asianacorporation@gmail.com
Investor Relations: 1 416 619 0397
