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Apiona Inc and CNL Corp Ltd Announces Merger
TAIPEI, Taiwan - Oct 30, 2003 -- Apiona Inc, parent company of Apiona Golf, today announces the successful merger with CNL Corp Ltd as Apiona Inc. Both companies were long-time partners and pursued this merger because both parties believe it enables the integrated company to take the best of both worlds and create superior customer value.

At the new Apiona, our vision is to be the leading sports equipment provider. Our strategy has not changed, but our ability to deliver on that strategy?and to meet and exceed your needs ? will be greater than ever in the new company:

- Creates a stronger, more balanced and more efficient operating model
- Extends our leadership and competitive strengths in key growth markets
- Provides critical mass in key services offerings
- Delivers compelling value to shareowners and customers

"I am genuinely excited about the potential of the new Apiona," said Ling Cheng, Senior Manager of Public Relations for Apiona Inc. "It will be a great company with an unwavering commitment to innovation and an enduring commitment to meet and exceed your needs. We look forward to the opportunity to demonstrate why the new Apiona should be your sports equipment partner of choice. The new Apiona pledges to continue to provide our customers with the best technology, the best services and the best support."

About Apiona Golf
Apiona Golf, Inc, headquartered in Taipei, Taiwan, is the leading marketer and manufacturer of authentic golf equipment and accessories, along with its worldwide expertise enable its customers to deliver innovative and differentiated private labeling & packaging. For more information, please visit www.apiona.com.

Contact
Apiona Golf Incorporated, Orlando
Ling Cheng, +1-866-661-1047

Source
Apiona Golf Incorporated



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