The Bank of New York Mellon Appointed as Depositary Bank by Dai Nippon Printing
January 16 2008 - 9:00AM
PR Newswire (US)
NEW YORK, Jan. 16 /PRNewswire-FirstCall/ -- The Bank of New York
Mellon (NYSE:BK), a global leader in asset management and
securities servicing, has been selected by Dai Nippon Printing Co.,
Ltd. ("Dai Nippon Printing") as the depositary bank for its
American depositary receipt (ADR) program. Each Dai Nippon Printing
ADR represents one common share. The ADRs trade on the
over-the-counter market under the symbol "DNPLY." Dai Nippon
Printing's common shares trade on the Tokyo Stock Exchange. (Logo:
http://www.newscom.com/cgi-bin/prnh/20071001/NYM012LOGO ) Dai
Nippon Printing is a comprehensive provider of solutions that uses
printing and information technologies. It offers products and
services in a wide range of areas including printing, information
media, industrial supplies and electronic components. Its business
segments are Information Communication, which includes Books and
Magazines, Commercial Printing and Business Forms; Lifestyle
Industrial Supplies, which includes Packing Lifestyle Materials and
Opto-materials/Industrial Supplies; and Electronics, which includes
Display Components and Electronic Devices. "We are pleased that Dai
Nippon Printing decided to convert its unsponsored ADR program to a
sponsored program and are especially gratified to be appointed as
the sole sponsoring depositary bank," said Christopher Sturdy,
executive vice president and head of The Bank of New York Mellon's
Depositary Receipt Division. The Bank of New York Mellon's
Depositary Receipt business is conducted through The Bank of New
York subsidiary, which serves as depositary for more than 1,300
American and global depositary receipt programs, acting in
partnership with leading companies from 63 countries. With an
unrivalled commitment to helping securities issuers succeed in the
world's rapidly evolving financial markets, the Company delivers
the industry's most comprehensive suite of integrated depositary
receipt, corporate trust, and stock transfer services. Additional
information is available http://www.adrbny.com/. The Bank of New
York Mellon Corporation is a global financial services company
focused on helping clients manage and service their financial
assets, operating in 34 countries and serving more than 100
markets. The company is a leading provider of financial services
for institutions, corporations and high-net-worth individuals,
providing superior asset management and wealth management, asset
servicing, issuer services, clearing services and treasury services
through a worldwide client-focused team. It has more than $20
trillion in assets under custody and administration, more than $1.1
trillion in assets under management and services $11 trillion in
outstanding debt. Additional information is available at
bnymellon.com. This release is for informational purposes only. The
Bank of New York Mellon provides no advice nor recommendation or
endorsement with respect to any company or securities. Nothing
herein shall be deemed to constitute an offer to sell or a
solicitation of an offer to buy securities. Depositary Receipts:
Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank,
State or Federal Agency Guarantee.
http://www.newscom.com/cgi-bin/prnh/20071001/NYM012LOGO
http://photoarchive.ap.org/ DATASOURCE: The Bank of New York Mellon
Corporation CONTACT: Dori Flanagan of The Bank of New York Mellon
Corporation, +1-212-815-2291 or Web site: http://www.bnymellon.com/
http://www.adrbny.com/
Copyright