MORAGA, Calif. – September 18, 2007 - Dynasty Capital Services LLC, one
of the nation's premier providers of strategic and financial advisory
services, announced today that it has been retained by a multinational law
firm to advise clients on market intelligence and opportunities for safety
testing practices.
Randolph Tom, the company's chairman, noted "China’s
manufacturing industry has been under intense scrutiny by numerous
organizations ever since reports of poisonous toys and contaminated pet food
have surfaced earlier this year. Millions of toys manufactured in China have
been recalled due to revelations of the use of dangerous lead-based paints.
Melamine, a compound used to boost nitrogen levels in pet food, has been
linked to a wave of kidney failures in pets. The FDA has sent inspectors to
China to examine the problem and it is likely that major procedural changes
will occur in the near future. While we are hopeful that these instances
are isolated occurrences, there is no doubt that with China serving as a
global source of supplies in numerous areas, including the generic
pharmaceutical industry, there is much opportunity for abuse. Recent events
in China with the removal of their top leader responsible in this area makes
it more imperative that clients all over the world be concerned with the
processes that are undertaken with respect to safety and testing.”
Mr. Tom further stated
that “Obviously, something will have to be done about the issue of
contamination of goods manufactured in China. We are extremely pleased that
our client, a renowned multinational law firm, as entrusted us with
providing them with our knowhow, an expertise derived from doing business in
the area for nearly 20 years. After we have finished studying the political
and economic landscape that is constantly changing, we will be in a better
position to advise our client regarding governmental relations and business
opportunities that will be offered as a consequence of the likelihood
About Dynasty Capital Services
Founded in 1988, Dynasty Capital Services provides financial and strategic
advisory services to a diverse multinational group of companies. Dynasty's
services enhance the value and accelerate the growth of its clientele
through the establishment of long-term strategic relationships and corporate
development initiatives. For more information on Dynasty, please visit us at
www.dynastycap.com.
Press Contact:
Ms. Lisa Lee - VP - Business Development
Dynasty Capital Services LLC
(925) 377-5300
lisa@dynastycap.com |