ブラザー、7355文字の情報を内蔵したラベルライター「ピータッチ12」を発売
コンパクトサイズながら圧倒的な文字数を内蔵
ラベルライター「ピータッチ12」
ブラザー工業株式会社(社長:平田誠一)は、従来のコンパクトなラベルライターに対して、より豊富な文字数を内蔵し、パソコンと同様のキー操作が可能なキーボードを搭載するなどの機能性を高めた、オフィスでも手軽に使えるコンパクトなラベルライター「ピータッチ12」を発売します。
製品名 ピータッチ12
発売日 2007年2月1日
希望小売価格 7,980円(*1)
(本体価格:7,600円)
(*1) 税込価格
当社は、ラベルライター「ピータッチ」シリーズの販売を1988年より海外市場向けに開始し、現在、世界全体ではトップシェアを有しています。国内市場は1995年から販売を始め、現在ではコンパクトな家庭向けラベルライターからオフィス向けのパソコン接続型ラベルプリンタまで幅広いラインアップをそろえています。今回、コンパクトながら機能性を高め、オフィスでも利用できる「ピータッチ12」がラインアップに加わることによって、幅広いお客様のニーズに応えていくとともにさらなる販売の拡大を目指します。
今回の新製品はコンパクトサイズながら、単語や熟語などの辞書登録語を92,137語、文字や記号などの内蔵文字(JIS第1/第2水準(*2)漢字全てとJIS外漢字116文字)を7,355文字搭載したことにより、人名や地名などの変換がスムーズにでき、名前ラベルなどの作成が容易にできます。また、専用のACアダプタを同梱していますので、乾電池利用に比べランニングコスト低減に貢献します。
テープのラインアップも充実しており、水やこすれに強く抜群の耐久性を誇る当社独自のラミネートテープや、紙ファイルなどに貼ったままでも古紙として再生できるリサイクル紙テープなど、多彩な種類、色、サイズを用意していますので、用途に合った最適なラベルを作成することができます。
(*2) 1978年に日本工業規格(JIS)で規定された日本語の文字集合および文字の符号化方式で定めた規格
※ピータッチはブラザー工業株式会社の登録商標です。
<お客様 お問い合わせ先>
ブラザーコールセンター TEL : 0120-590-383(フリーダイヤル)
※ブラザーコールセンターはブラザー販売株式会社が運営しています。
● 関連リンク
日本オセ、高画質と静音を両立させた大判モノクロデジタル複合システムを発売
日本オセ、急成長のミッドボリューム市場向けに、大判モノクロデジタル複合システムを投入
~ 600x1200dpiの高画質と生産性を両立させた、静音設計の「Oce TDS700」を販売開始 ~
日本オセ株式会社(本社:東京都港区西新橋、社長:山本義明、以下日本オセ)は、本日、大判モノクロデジタル複合システム「Oce TDS700」(オセティーディーエス・ナナヒャク、以下TDS700)の販売を開始しました。
TDS700は、A4からA0までの様々なフォーマットの図面データや技術文書を高い品質で高速にプリントし、さらにコピーやスキャンもできるミッドレンジ・ボリュームの大判モノクロデジタル複合システムです。大判モノクロコピー&プリンタのミッドレンジ・ボリューム市場は、現在急成長を続けており、TDS700は、この市場に向けて開発された、このクラスにおいて最高画質、最高速を実現している戦略商品です。
モジュールコンセプトを持つTDS700は、ロール紙の数を自由に選んだり、スキャナや折り機、各種ソフトウェアなどオプション品を組み合わせたりと、お客様の様々なニーズ・環境に柔軟に対応することができます。
製造業や建設業などにおける設計図面の出力、技術部門での図面管理、社内のコピー部門、リプロ業者の商用活用など、幅広い分野での様々な用途で、最適なソリューションを提供します。また、ビジネスニーズの変化にあわせて、システム構成の柔軟な変更が可能です。
TDS700は、以下のような主な特長を持っています。
■ミッドレンジ・ボリューム クラス最高画質(600 x 1,200dpi)
600x1,200dpiの解像度により、精細な表現が可能となりました。3D画像などもグレイスケールを鮮明に再現できます。
■ミッドレンジ・ボリューム クラス最高速のプリント出力 A0サイズのモノクロ出力を、1分間に4.7枚の高速で出力でき、このスピードは異なるサイズの用紙をランダムに出図しても変わりません。
■ウォームアップ時間ゼロ
オセ独自の画像生成プロセス ラジエント・ヒューザシステムにより、TDS700は電源を入れた直後からすぐにプリント、コピー、スキャンができます。
■省エネ設計
ヒートローラを常時加熱しないラジエントヒューザ方式はプリント時しか加熱(1,460W)しませんので、出図していない時間での無駄な電力消費を軽減できます(約32W)。オフィスの空調への影響も極力抑えることができます。
■静音設計
非稼働時では、18 db、デスクトップパソコン1台よりも静か。プリント時でも58 dbと設計者の近くに設置ができます。このため部屋の隅に設置したり専用ルームを設けたりする必要がありません。
■オフィススペースを節約するコントローラ内蔵筐体TDS700は、プリンタの筐体にコントローラを内蔵しているため、様々なオフィス環境にジャストフィットさせることができます。
■カラースキャナとモノクロスキャナに対応
スキャナを、モノクロスキャナとカラースキャナの2機種から選択できます。
*価格及び発売時期
本体価格は、¥3,860,000.- から
販売は、平成19年1月16日から。
*新製品展示会
日本オセでは、TDS700を一般のお客様向けに広くご紹介する展示会を、1月25日・26日に、日本オセのショールームで開催します。詳細につきましては、日本オセホームページ(http://www.ocejapan.co.jp)をご覧ください。また、2月7日から9日までの3日間、池袋サンシャインで開催される「PAGE2007」にも出展する予定です。「PAGE2007」の詳細については、http://www.jagat.or.jp/page/2007/index.htmを参照ください。
*日本オセについて
日本オセは、大判業務用プリント市場で世界をリードするオランダ オセ社の、日本市場への拠点として設立されました。日本オセは、ハードウェア、ソフトウェア両面にわたる多彩な製品ラインアップで、CAD市場および複写機による複写業界への参入、オンデマンド印刷用デジタル・プリンタ事業に取り組んでいます。東京、大阪、名古屋、福岡に営業拠点を持ち、その大判業務用入出力ソリューションは、自動車業界をはじめとする数多くの企業で採用されています。
詳細につきましては、http://www.ocejapan.co.jp/を参照ください。
*オセ社について
オセ社は、ドキュメントの出力・複写・配布・管理のための、さまざまな製品とサービスを提供するドキュメントのリーディング・カンパニーです。世界80カ国以上で事業展開を行い、24,164人の従業員と、2,677百万ユーロの年間売上高(2005年度)を誇ります。業務用大判プリンタでは欧州で75%、米国で60%のシェアを獲得。詳細につきましては http://www.oce.comを参照ください。
● 関連リンク
JFEスチール、西日本製鉄所で第4溶融亜鉛めっきラインの営業運転開始
西日本製鉄所(福山地区)第4溶融亜鉛めっきラインが稼働
~高品質の自動車外板GAを安定生産~
当社は、本日2007年1月16日に西日本製鉄所(福山地区)において第4溶融亜鉛めっきライン(Continuous Galvanizing Line:CGL)の始動式をとりおこない、営業運転を開始いたします。
自動車用の高級鋼板に対するニーズは、量的にも品質的にもますます厳しくなってきており、既存の設備の改造だけでは対応が難しくなってきています。老朽更新ならびに自動車外板用の合金化溶融亜鉛めっき鋼板(Galvannealed Steel Sheet:GA)の品質対応力強化を目的に、180億円を投じて建設を進めていた合金化溶融亜鉛めっき鋼板(GA)専用の外板対応ラインとして稼動いたしました。福山4CGLは、新商品JAZR(高潤滑GA)も製造可能で、JFEスチールの最新技術を結集したラインとなっています。
当社は既に、2006年春、中国での合弁会社「広州JFE鋼板有限公司」において新CGLを稼動いたしております。これらの戦略的投資により、高級合金化溶融亜鉛めっき鋼板の品質要求に対応できる体制を確立いたします。
設備の概要は、以下の通りです。
(1)設備仕様
1)生産能力 50千トン/月
2)板 厚 0.4mm ~ 2.3mm
3)板 幅 610mm ~ 1850mm
(2)稼動時期
2007年1月
(3)投資額
約180億円
(4)製造品種 合金化溶融亜鉛めっき鋼板(GA)
野村総研、M&Aに関する従業員意識調査結果を発表
「M&Aに関する従業員意識調査」を実施
~M&A経験者は未経験者より敵対的買収に肯定的~
株式会社野村総合研究所(本社:東京都千代田区、社長:藤沼彰久、以下「NRI」)は、2006年11月に企業の従業員を対象にインターネット上で実施した「M&Aに関する従業員意識調査」の分析結果をまとめました。それによると、回答者のうちM&A経験者の方が、M&A未経験者よりも、敵対的買収を仕掛けられる可能性を強く感じていると同時に、敵対的買収に対して肯定的であることが明らかになりました。
【M&A経験者は未経験者より高い現実感】
今年予定されている「三角合併の解禁」などで、今後、国境を越えたM&Aが活発になる可能性がありますが、今回の調査結果では、M&A経験者と未経験者で、M&Aに対する意識に違いが見られました。
自分が働いている業界で、今後、M&Aが活発になると考えている人(「現在活発であり、この傾向は将来も続く」、または「今後活発になっている」と回答)の割合は、M&A経験者で70.1%、未経験者では35.6%でした(図1)。また、敵対的買収を仕掛けられる可能性を感じている割合(「十分に感じている」または「感じている」と回答)についても、M&A経験者が44.7%だったのに対し、未経験者は9.9%でした(図2)。
【敵対的買収に対する拒絶感は低い】
同調査では、自分が働いている会社が敵対的買収を仕掛けられることに対して「肯定的」と回答した人の割合は、M&A経験者の13.7%を占め、未経験者の3.7%を上回っています。一方、敵対的買収を「否定的」にとらえている人の割合は、M&A経験者の27.4%で、未経験者の38.9%より少ないことがわかりました(図3)。
M&A経験者で敵対的買収に「肯定的」と回答した人にその理由を聞いたところ、最も多くの人が挙げたのは「現状の経営陣の世代交代が必要だから」(52.0%)でした。また、「出資後の条件や相手先しだい」と回答した人に、どのような条件が満たされれば賛成するかを聞いたところ、「出資後に社員の処遇・待遇がよくなる」(60.5%)、「出資後も社員の雇用は維持される」(54.4%)が過半数を占めました。
さらに、敵対的買収を仕掛けられるとしたら望ましい相手先として、M&A経験者の53.7%、未経験者の49.9%が「同業種の会社」を挙げました。
【M&A経験者の約6割が肯定的感想と高い達成感】
M&A経験者に、自社のM&A発表時の感想を聞いたところ、56.6%が「肯定的」または「どちらかというと肯定的」と回答(図4)。M&Aの目的に対しての達成度についても、59.7%が「期待以上に達成した」または「期待通り達成した」と感じており(図5)、その理由として最も回答が多かったのが「短時間で統合作業を達成した」(36.0%)、次いで「トップのリーダーシップが発揮された」(31.2%)が挙がりました。一方、達成度が「期待以下であった」と回答した人にその理由を聞いたところ、最も多く挙がったのが「トップのリーダーシップが不十分であった」(41.1%)でした。トップのリーダーシップがM&Aの成否を分ける重要なポイントの一つになっていることがうかがえます。
【ご参考】
※ 関連資料 参照
● 関連リンク
コクヨファニチャー、利用者の体型にあわせて細かく調節できるオフィスチェアー「Prelude」を発売
欧州規格に合わせた多様な調節機能を搭載したメッシュチェアー~
オフィスチェアー「Prelude(プレリュード)」を発売
~デザインは日本、設計・製造はドイツ~
コクヨグループのコクヨファニチャー株式会社(本社: 大阪市東成区/社長: 貫名英一)は、ヨーロッパの規格に合わせた多様な調節機能が、様々な体型のユーザーの作業環境をサポートする上質なメッシュチェアー「Prelude(プレリュード)」を2006年12月22日に発売しました。
今回発売する「Prelude(プレリュード)」は、大きく設定されたロッキング角度と細かな座面の角度調整機能により、アップライト姿勢からリクライニング姿勢までさまざまな作業姿勢に幅広く対応し、快適なすわり心地を実現しています。企画・デザインはコクヨファニチャー、設計・製造はドイツの提携工場が行っており、日本ならではのきめ細やかなスタイルとドイツならではの合理的な設計が融合した製品で、ドイツの安全規格であるGSマークも取得しています。
カラーは5色(グリーン、ブルー、レッド、グレー、ブラック)から、また2タイプの肘(可動肘・昇降肘)、角度と高さの調節が可能なヘッドレスト、やさしく腰部を支えるランバーサポート、ハンガーの有無を選択することができる他、4脚までスタッキングができるビジタータイプも取り揃えています。
○発売予定:
2006年12月22日
○販売予定価格(消費税込):
スタンダードタイプ・肘なし102,900円~ヘッドレスト付きタイプ・ランバーサポート付き、可動肘付き156,450円 肘付きビジタータイプ72,450円
○年間販売目標:
3.6億円(2006年度)
【お問い合わせ先】
コクヨお客様相談室;0120-201594
● 関連リンク
Includes Similar Technology, Expected Sooner than ZAP-X SANTA ROSA, Calif., June 22 /Xinhua-PRNewswire/ -- Electric car pioneer ZAP (OTC Bulletin Board: ZAAP) is launching a new development program for a high-performance electric vehicle that is affordable for consumers. ZAP says that the initial concept phase for the new vehicle is complete. The targeted price is $30,000, top speed in excess of 100 mph and range of 100 miles per charge. Many of the technologies already specified for the ZAP-X electric car concept will be applied to the new vehicle, but delivery is expected to be sooner than the ZAP-X. CEO Steve Schneider said more details of the new vehicle will be presented at the annual shareholder meeting, July 29 in Santa Rosa, California. (Photo: http://www.newscom.com/cgi-bin/prnh/20070622/AQF032) (Logo: http://www.newscom.com/cgi-bin/prnh/20070130/SFTU060LOGO) "With ZAP's experience over the past 12 years and the groundwork we have already laid, we know that electricity is the future of the auto industry," said Schneider. "At the same time, we believe we have a design that will serve a niche no other manufacturer in the auto industry is seeking to fill." Today, ZAP is selling an innovative electric car and truck design called the XEBRA for about $10,000 that travels speeds up to 40 MPH. Schneider says the XEBRA was designed to fill the growing niche for city-speed electric vehicles. ZAP is marketing them towards government and municipal fleets as well as short-distance commuters. ZAP sells the XEBRA through an authorized dealer network of sales and service centers. ZAP is developing a number of vehicles for its automotive business plan. Earlier this year, ZAP introduced a high-performance compact, or crossover, SUV concept called ZAP-X. ZAP also has ventures to build cars in China and Brazil. About ZAP ZAP has been a leader in advanced transportation technologies since 1994, delivering over 90,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. The Company recently launched a new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com . Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. For more information, please contact: Alex Campbell Media Relations Tel: +1-707-525-8658, ext. 241 Email: acampbell@zapworld.com Sherri Haskell Investor Relations Tel: +1-707-525-8658, ext. 232 Email: shaskell@zapworld.com
- First quarter EPS increased 163 percent to $0.50 as net income grew to $70 million - Revenue grew 42 percent to $954 million; Operating earnings more than doubled to $104 million - Won new aftermarket business on 777 Thrust Reversers; Chosen by Boeing to provide Next Generation 737 and 777 nacelle component repair and overhaul services; Selected to be on Boeing's Global Tanker Team - 2007 guidance reaffirmed, reflecting strength of the commercial aerospace market Table 1. Summary Financial Results 1st Quarter ($ in millions, except per share data) 2007 2006(1) Change Revenues $954 $671 42% Operating Income $104 $51 104% Operating Income as a % of Revenues 10.9% 7.5% 340 BPS Net Income $70 $23 204% Net Income as a % of Revenues 7.3% 3.4% 390 BPS Earnings per Share (Fully diluted) $0.50 $0.19 163% Fully Diluted Weighted Avg Share Count (Million) 139.0 117.5 (1) Excludes Spirit Europe acquired on April 1, 2006 WICHITA, Kan., April 26 /Xinhua-PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) reported significant increases in its first quarter financial results and reaffirmed its 2007 financial guidance, reflecting strong commercial aerospace markets globally and continued execution of the company's strategy. Spirit's first quarter net income rose over 200 percent to $70 million from $23 million a year ago, and fully diluted earnings per share rose 163 percent to $0.50 per share from $0.19 per share last year. Revenue for the quarter increased 42 percent to $954 million from $671 million, and the company's operating margins rose to 10.9 percent from 7.5 percent last year. First quarter 2007 results include Spirit Europe which was acquired on April 1, 2006. Spirit Europe's revenue for the first quarter 2007 was $127 million. "Solid overall performance combined with increased production volume and productivity improvements drove this quarter's results," said President and Chief Executive Officer Jeff Turner. "Revenues increased, operating margins improved and we continue to make good progress on the 787 program," Turner added. "We are pleased to make progress in our aftermarket business and to be selected to Boeing's Global Tanker Team that is offering the KC-767 Advanced Tanker to the United States Air Force. Boeing's selection of Pratt & Whitney 4062 engines for the program and our sole source supplier agreement with Boeing for thrust reversers on Pratt & Whitney's engines adds potential growth to our propulsion business and provides potential increased demand for engine pylons and forward fuselages for the KC-767 program. Looking forward, we expect to deliver financial performance that reflects the strength of our design and manufacturing capabilities, the talent of our people, and the application of industry leading technology." The company continued to build momentum in its aftermarket business during the month of April with an initial agreement to provide overhaul services and rotables leasing to Cathay Pacific on up to 10 sets of Trent 800 Thrust Reversers. Additionally, Spirit was designated by Boeing as a provider of nacelle component repair and overhaul services for Boeing 777 and Next Generation 737 airplanes. Spirit's backlog during the quarter increased from $19.2 billion to $19.9 billion, as combined net orders for 323 aircraft at Boeing and Airbus out paced their combined deliveries of 221 aircraft. Spirit's backlog is calculated based on contractual prices for products and expected delivery volumes from the published firm order backlogs of both Boeing and Airbus. During the first quarter, Spirit updated its contract profitability estimates resulting in a favorable change in contract estimates of $6 million. Almost all of the estimate changes are reflected in the Wing Systems segment and were driven by favorable cost trends within the current contract blocks. Because Spirit recognizes changes in contract estimates utilizing the cumulative catch up method of accounting under Statement of Position 81-1, approximately $1 million of the favorable adjustment relates to revenues recognized in 2005, and approximately $5 million relates to revenues recognized in 2006. Largely offsetting the favorable cumulative catch up adjustment in the quarter were certain adjustments at Spirit Europe, including a contract loss provision also recorded in the Wing Systems segment. First quarter 2006 results included a $34 million favorable cumulative catch up adjustment. Cash flow from operations for the first quarter 2007 was $50 million reflecting planned increases in working capital primarily for the 787 as the airplane enters production. Cash flow from operations declined 44 percent from the prior year period due to the $71 million reduction in customer advances in the first quarter of 2007. Investments in capital expenditures totaled $88 million in the quarter (Table 2). Over half of the investment in property, plant and equipment supported the start-up of the 787 program. Cash balances at the end of the quarter were $157 million, down from year end 2006 levels reflecting planned investment in Spirit's core businesses. Debt balances at the end of the first quarter were $615 million, down slightly from the year end level. Table 2. Cash Flow and Liquidity 1st Quarter ($ in millions) 2007 2006(1) Cash Flow from Operations $50 $90 Purchases of Property, Plant & Equipment ($88) ($94) Liquidity March 29 December 31 2007 2006 Cash $157 $184 Current Portion of Long-term Debt plus Long-term Debt $615 $618 (1) Excludes Spirit Europe acquired on April 1, 2006 OUTLOOK The company's financial guidance for 2007 is reaffirmed. The company is forecasting solid growth in 2007 that reflects strong operating performance across business segments and higher commercial airplane deliveries. Spirit's 2007 revenue is expected to be between $4.0 billion and $4.1 billion, approximately 25 percent higher than 2006, as increased market demand for large commercial transport aircraft from Boeing and Airbus drives additional shipset deliveries. This revenue projection is based on previously issued 2007 Boeing and Airbus delivery guidance of 440-445 and 440-450 aircraft, respectively, and includes the initial deliveries to Boeing of Spirit products on the 787 program as well as a full year of revenue from Spirit Europe (Table 3). Table 3. Financial Outlook 2007 Guidance Revenues $4.0B - $4.1B Operating Income $400M - $420M Operating Income as a % of Revenues 9.8% - 10.5% Depreciation and Amortization $120M - $125M Earnings Per Share (Fully Diluted) $1.80 - $1.90 Effective Tax Rate ~34% Cash Flow from Operations* + / - $280M Capital Expenditures + / - $300M Customer Reimbursement of Capital Expenditures ~ $45M Research & Development Expense + / - $60M Average Fully Diluted Shares Outstanding 141M * Includes $40-$50 million of customer advances for capital expenditures Spirit's operating margins are expected to be between 9.8 percent and 10.5 percent as benefits from higher volumes, cost reduction and productivity initiatives, as well as lower R&D and stock compensation expenses expand operating margins vs. 2006 actual results. Spirit's 2007 fully diluted EPS guidance is between $1.80 and $1.90 per share. Cash flow from operations is expected to be +/- $280 million, which includes additional working capital spending for the new 787 program. Fiscal 2007 capital expenditures are expected to be +/- $300 million. Approximately 50 percent of the capital expenditures will be utilized to complete the installation of production capacity for the new 787 program. Spirit anticipates approximately $45 million of customer reimbursement to partially offset these capital expenditures. Depreciation and amortization expenses are forecasted to be between $120 and $125 million as new capital equipment is placed into service. Cautionary Statement Regarding Forward-Looking Statements This press release includes forward-looking statements that reflect the plans and expectations of Spirit AeroSystems Holdings, Inc. To the extent that statements in this press release do not relate to historical or current facts, they constitute forward-looking statements. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "project," "continue," or other similar words. These statements reflect Spirit AeroSystems Holdings, Inc.'s current view with respect to future events and are subject to risks and uncertainties, both known and unknown. Such risks and uncertainties may cause the actual results of Spirit AeroSystems Holdings, Inc. to vary materially from those anticipated in forward-looking statements, and therefore we caution investors not to place undue reliance on them. Potential risks and uncertainties include, but are not limited to: our customers' aircraft build rates; the ability to enter into supply arrangements with additional customers and satisfy performance requirements under existing contracts; any adverse impact on our customers' production of aircraft; the success and timely progression of our customers' new programs including, but not limited to The Boeing Company's 787 aircraft program; future levels of business in the aerospace and commercial transport industries; competition from original equipment manufacturers and other aerostructures suppliers; the effect of governmental laws; the effect of new commercial and business aircraft development programs; the cost and availability of raw materials; the ability to recruit and retain highly skilled employees and relationships with unions; spending by the United States and other governments on defense; the continuing ability to operate successfully as a stand alone company; the outcome of ongoing or future litigation and regulatory actions; and exposure to potential product liability claims. Additional information as to factors that may cause actual results to differ materially from our forward-looking statements can be found in Spirit AeroSystems Holdings, Inc.'s filings with the United States Securities and Exchange Commission. Spirit AeroSystems Holdings, Inc. undertakes no obligation and does not intend to update publicly any forward-looking statements after the date of this press release, except as required by law. Appendix Segment Results Fuselage Systems Fuselage Systems segment revenue for the first quarter was $445 million, up 26 percent over the same period last year as deliveries on the 737 and 777 programs increased. Revenues in the first quarter 2006 were negatively impacted by the IAM strike at Boeing which occurred in September of 2005. Fuselage Systems posted double-digit segment operating margins of 18.6 percent for the first quarter 2007, up from 17.0 percent in the same period of 2006 as R&D expense on the 787 program declined; higher production rates were realized; and 737 model-mixes shifted to longer aircraft types. Propulsion Systems Propulsion Systems segment revenue for the first quarter was $260 million, up 20 percent over the same period last year as deliveries increased in support of primary customer production volume. Propulsion Systems posted improved double-digit segment operating margins of 15.5 percent for the first quarter 2007, up from 13.8 percent in the same period of 2006 as R&D expense on the 787 program declined and higher production rates were realized. Wing Systems Wing Systems segment revenue for the first quarter was $241 million, up from $92 million over the same period last year. Spirit Europe was acquired on April 1, 2006, and contributed $127 million to the first quarter 2007 revenues. Wing Systems posted segment operating margins of 9.6 percent for the first quarter 2007, up from 6.0 percent in the same period of 2006 as R&D expense on the 787 program declined and favorable cost trends generated favorable changes in contract estimates that were largely offset by certain adjustments, including a loss provision at Spirit Europe, during the first quarter 2007. Table 4. Segment Reporting 1st Quarter $ in millions, except margin percent) 2007 2006(1) Change Segment Revenues Fuselage Systems $445.2 $353.7 25.9% Propulsion Systems $260.4 $216.5 20.3% Wing Systems $241.2 $92.0 162.2% All Other $7.3 $8.6 (15.1%) Total Segment Revenues $954.1 $670.8 42.2% Segment Earnings from Operations Fuselage Systems $83.0 $60.1 38.1% Propulsion Systems $40.3 $29.8 35.2% Wing Systems $23.2 $5.5 321.8% All Other $0.8 $0.5 60.0% Total Segment Operating Earnings $147.3 $95.9 53.6% Unallocated Corporate SG&A Expense ($42.5) ($43.4) 2.1% Unallocated Research & Development Expense ($1.0) ($1.9) 47.4% Total Earnings from Operations $103.8 $50.6 105.1% Segment Operating Earnings as % of Revenues Fuselage Systems 18.6% 17.0% 160 BPS Propulsion Systems 15.5% 13.8% 170 BPS Wing Systems 9.6% 6.0% 360 BPS All Other 11.0% 5.8% 520 BPS Total Segment Operating Earnings as % of Revenues 15.4% 14.3% 110 BPS Total Operating Earnings as % of Revenues 10.9% 7.5% 340 BPS (1) Excludes Spirit Europe acquired on April 1, 2006 Spirit AeroSystems Holdings, Inc. Condensed Consolidated Statements of Operations (unaudited) For the Three For the Three Months Ended Months Ended March 29, 2007 March 30, 2006 ($ in millions, except per share data) Net Revenues $954.1 $670.8 Operating costs and expenses: Cost of sales 794.8 533.0 Selling, general and administrative 45.1 44.8 Research and development 10.4 42.4 Total Costs and Expenses 850.3 620.2 Operating Income 103.8 50.6 Interest expense and financing fee amortization (8.9) (11.2) Interest income 7.7 7.1 Other income, net 2.0 1.4 Income From Continuing Operations Before Income Taxes 104.6 47.9 Income tax provision (34.8) (25.4) Net Income $69.8 $22.5 Earnings per share Basic $0.54 $0.20 Diluted $0.50 $0.19 Spirit AeroSystems Holdings, Inc. Condensed Consolidated Balance Sheets March 29, 2007 December 31, 2006 (unaudited) ($ in millions) Current assets Cash and cash equivalents $157.3 $184.3 Accounts receivable,net 256.8 200.2 Other receivable 32.6 43.0 Inventory, net 947.0 882.2 Income tax receivable -- 21.7 Other current assets 78.1 89.1 Total current assets 1,471.8 1,420.5 Property, plant and equipment, net 841.0 773.8 Long-term receivable 196.4 191.5 Pension assets 215.4 207.3 Other assets 115.5 129.1 Total assets $2,840.1 $2,722.2 Current liabilities Accounts payable $357.6 $339.1 Accrued expenses 185.8 198.5 Current portion of long-term debt 24.9 23.9 Other current liabilities 21.2 8.2 Total current liabilities 589.5 569.7 Long-term debt 590.2 594.3 Advance payments 600.5 587.4 Other liabilities 124.6 111.8 Shareholders' equity Preferred stock, par value $0.01, 10,000,000 shares authorized, no shares issued and outstanding -- -- Common stock, Class A par value $0.01, 200,000,000 shares authorized, 68,159,104 and 63,345,834 issued and outstanding, respectively 0.7 0.6 Common stock, Class B par value $0.01, 150,000,000 shares authorized, 71,446,595 and 71,351,347 shares issued and outstanding, respectively 0.7 0.7 Additional paid-in capital 867.2 858.7 Accumulated other comprehensive income 70.4 72.5 Accumulated deficit (3.7) (73.5) Total shareholders' equity 935.3 859.0 Total liabilities and shareholders' equity $2,840.1 $2,722.2 Spirit AeroSystems Holdings, Inc. Condensed Consolidated Statements of Cash Flow (unaudited) For the Three For the Three Months Ended Months Ended March 29, 2007 March 30, 2006 ($ in millions) Operating activities Net income $69.8 $22.5 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense 20.9 16.7 Amortization expense 1.9 1.1 Accretion of long-term receivable (5.5) (5.0) Employee stock compensation expense 6.6 13.4 Loss on disposition of assets 0.1 -- Deferred taxes 6.0 2.3 Pension, net (8.1) (3.2) Changes in assets and liabilities, net of acquisition Accounts receivable (54.3) (75.4) Inventory, net (63.6) (26.5) Other current assets 10.3 4.4 Accounts payable and accrued liabilities (11.5) 26.0 Customer advances 29.2 100.0 Income taxes payable 23.8 11.0 Deferred revenue and other deferred credits 9.4 14.7 Other 15.1 (12.0) Net cash provided by operating activities 50.1 90.0 Investing Activities Purchase of property, plant and equipment (87.5) (93.8) Reimbursement of capital expenditures 11.4 -- Financial derivatives 1.1 -- Net cash (used in) investing activities (75.0) (93.8) Financing Activities Principal payments of debt (4.6) (1.8) Pool of windfall tax benefits 2.5 -- Executive stock investments -- 0.5 Net cash (used in) financing activities (2.1) (1.3) Effect of exchange rate changes on cash and cash equivalents -- -- Net (decrease) in cash and cash equivalents for the period (27.0) (5.1) Cash and cash equivalents, beginning of the period 184.3 241.3 Cash and cash equivalents, end of the period $157.3 $236.2 For more information, please contact: Investor Relations Phil Anderson Tel: +1-316-523-1797 Media Sam Marnick Tel: +1-316-523-3330
A loss of $0.04 per share after non-recurring charges of $5.8 million or $0.12 per share (diluted) compared with first quarter 2006 earnings of $0.28 per share (diluted) Cash earnings were $0.14 per share (diluted) after non-recurring charges of $1.6 million or $0.03 per share (diluted) for the first quarter of 2007 compared with $0.32 per share (diluted) in the first quarter of 2006 - see GAAP reconciliation statement below HAMILTON, Bermuda, May 3 /Xinhua-PRNewswire/ -- W.P. Stewart & Co., Ltd. today reported a net loss of $1.8 million, or $0.04 per share (diluted) and $0.04 per share (basic), for the first quarter ended 31 March 2007. This compares with net income in the first quarter of the prior year of $12.7 million or $0.28 per share (diluted) and $0.28 per share (basic). During the first quarter, the Company entered into agreements with certain employees whose employment with the Company terminated in the quarter. In accordance with the terms of these agreements, the Company has incurred one-time, non-recurring cash expenses of approximately $1,600,000 and non-cash charges related to restricted shares of approximately $4,200,000 in the first quarter of 2007. Combined, these one-time, non-recurring charges equate to approximately $0.12 per share, diluted. Cash earnings for the quarter ended 31 March 2007 were $6.4 million, or $0.14 per share (diluted), (net loss of $1.8 million adjusted to include $8.2 million representing non-cash income and expenses consisting of unrealized gains and losses, non-cash compensation, depreciation, amortization and other non-cash charges on a tax-effected basis). In the same quarter of the prior year, cash earnings were $14.5 million, or $0.32 per share (diluted), (net income of $12.7 million adjusted for the inclusion of $1.8 million representing expenses of non-cash compensation, depreciation, amortization and other non-cash charges, on a tax-effected basis). Commenting on the results for the quarter, Bill Stewart, Chairman & Chief Executive Officer said: "I indicated in February that we were in a classic turnaround situation and that things could get worse before getting better. Our financial results for this first quarter are disappointing but not entirely surprising and certainly not indicative of where our new management team hopes to take the Company over the next several years. I am optimistic that we are on the right track but there is a lot of hard work yet to do." For the first quarter of 2007 there were 45,986,856 common shares outstanding on a weighted average diluted basis compared to 45,941,269 common shares outstanding for the first quarter of 2006 on the same weighted average diluted basis. Performance Performance in the W.P. Stewart & Co., Ltd. U.S. Equity Composite (the "Composite") for the first quarter of 2007 was -0.7% pre-fee and -1.0% post-fee. This compares with 0.6% for the S&P 500. For the twelve-month period ending 31 March 2007, performance in the Composite was 6.7%, pre-fee and 5.6%, post-fee. This compares with 11.8% for the S&P 500. In each of the three-, five- and ten-year periods ended 31 March 2007, performance of the W.P. Stewart U.S. Equity Composite has exceeded the performance of the S&P 500 on a pre-fee basis. On a post-fee basis, performance exceeded the S&P 500 for the ten-year period ended 31 March 2007 but fell slightly behind on a three- and five-year basis. Performance in the W.P. Stewart international portfolio (ex United States) for the first quarter of 2007 was +2.2%, pre-fee, and 2.1%, post-fee, compared to +4.1% for the MSCI EAFE Index. Performance in the Global portfolio was -0.1%, pre-fee, and -0.4%, post-fee, compared to +2.5% for the MSCI World Index. Commenting on this first quarter performance, Mark Phelps, Managing Director - Global Investments, said: "This performance in our U.S. portfolios is disappointing but continues to reflect the hostile environment for high quality large cap growth stocks in the United States but I do believe that with the continuing strong trend in 'look-through' earnings growth and attractive valuations we can look forward to very good returns over the next few years. It is right for us to remain patient and true to our style. Performance in the international and European portfolios is mixed but generally positive and has been ahead of the respective benchmarks over the past year or so." Preliminary indications are that year-to-date performance as of 30 April for the W.P. Stewart U.S. Equity Composite was +2.7%, pre-fee, and +2.3%, post-fee; for the international portfolio was +4.7%, pre-fee, and +4.3%, post-fee, and for the Global portfolio was +4.7%, pre-fee, and +4.3%, post-fee. Assets Under Management Assets under management (AUM) at quarter-end were approximately $6.4 billion, compared with approximately $8.1 billion at 31 December 2006, and approximately $9.4 billion at 31 March 2006. Total net outflows of AUM for the quarter ended 31 March 2007 were approximately $1,663 million, compared with total net outflows of approximately $667 million and approximately $237 million in the fourth quarter and in the first quarter of 2006, respectively. In the quarter, net cash outflows from existing accounts were approximately $239 million, compared with net cash outflows of approximately $196 million and approximately $31 million in the fourth quarter and in the first quarter of 2006, respectively. Net outflows from our publicly-available funds and flows from new accounts minus closed accounts were approximately $1,424 million for the quarter compared to approximately $471 million and approximately $206 million in the fourth quarter and in the first quarter of 2006, respectively. Net flows in April 2007 were negative approximately $255 million. Look-Through Earning Power W.P. Stewart & Co., Ltd. concentrates its investments in large, generally less cyclical, growing businesses. Throughout most of the Company's history, the growth in earning power behind clients' portfolios has ranged from approximately 11% to 22% annually. Currently, the "look-through" earning power behind our clients' portfolios remains solidly positive with portfolio earnings per share growth on a trailing four quarter basis as at 31 March 2007 expected to have advanced at the high end of the historical range. The Company's research analysts expect "look-through" portfolio earnings growth to be within the 12-15% range over the next few years. Revenues and Profitability Revenues were $25.9 million for the quarter ended 31 March 2007, compared to $36.2 million for the same quarter 2006. The average gross management fee was 1.08%, annualized, for the quarter ended 31 March 2007, compared to 1.14%, annualized, for the same quarter of the prior year. Excluding performance fee based accounts, the average gross management fee was 1.22% for the quarter ended 31 March 2007, compared to 1.27%, annualized, for the same quarter of the prior year. Total operating expenses increased approximately $6.6 million, including the non-recurring charges of $5.8 million referenced above, to $27.9 million for the first quarter 2007, from $21.2 million in the same quarter of the prior year. The advance in expenses substantially reflects non-cash compensation expense related to the Company's restricted share issuances to employees of approximately $6.8 million for the first quarter of 2007, which includes $4.2 million related to employees whose employment terminated in February 2007. In the first quarter of 2006 these non-cash compensation expenses were $280,000 after adjusting for a reversal of approximately $500,000 related to the forfeiture of previously issued restricted shares. This non-cash compensation expense is included in "employee compensation and benefits". We expect non-cash compensation expense related to restricted share grants to be at least $14 million for 2007. The Company's provision for taxes resulted in a tax benefit of approximately $100,000 based on a pre-tax loss of $1.9 million for the quarter ended 31 March 2007 compared with a tax provision of approximately $2.3 million based on pre-tax income of $15.0 million in the comparable quarter of the prior year. The provision/benefit for taxes represents the Company's estimate of taxes on the income/loss applicable to all jurisdictions and is calculated at rates equal to the applicable statutory income tax rate in each jurisdiction. Other Events The Company paid a dividend of $0.23 per common share on 31 January 2007 to shareholders of record as of 17 January 2007, and further, paid a dividend of $0.15 per common share on 27 April 2007 to shareholders of record as of 13 April 2007. This latter payment reflects a change in the dividend policy which was announced in a press release on 29 March 2007. Conference Call In conjunction with this first quarter 2007 earnings release, W.P. Stewart & Co., Ltd. will host a conference call on Thursday, 3 May 2007. The conference call will commence promptly at 9:15 a.m. (EDT). Those who are interested in participating in the teleconference should dial 1-800-922-9655 (within the United States) or +973-935-2407 (outside the United States). The conference ID is "W.P. Stewart" or "8701547". To listen to the live broadcast of the conference over the Internet, simply visit our website at www.wpstewart.com and click on the Investor Relations tab for a link to the webcast. The teleconference will be available for replay from Thursday, 3 May 2007 at 12:00 noon (EDT) through Thursday, 10 May 2007 at 5:00 p.m. (EDT). To access the replay, please dial 1-877-519-4471 (within the United States) or +973-341-3080 (outside the United States). The PIN number for accessing this replay is 8701547. You will be able to access a replay of the Internet broadcast through Thursday, 10 May 2007, on the Company's website at http://www.wpstewart.com. The Company will respond to questions submitted by e-mail, following the conference. W.P. Stewart & Co., Ltd. is an asset management company that has provided research-intensive equity management services to clients throughout the world since 1975. The Company is headquartered in Hamilton, Bermuda, and has additional operations or affiliates in the United States, Europe and Asia. The Company's shares are listed for trading on the New York Stock Exchange (NYSE: WPL) and on the Bermuda Stock Exchange (BSX: WPS). For more information, please visit the Company's website at http://www.wpstewart.com, or call W.P. Stewart Investor Relations (Fred M. Ryan) at 1-888-695-4092 (toll-free within the United States) or + 441-295-8585 (outside the United States) or e-mail to IRINFO@wpstewart.com. Statements made in this release concerning our assumptions, expectations, beliefs, intentions, plans or strategies are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ from those expressed or implied in these statements. Such risks and uncertainties include, without limitation, the adverse effect from a decline or volatility in the securities markets, a general downturn in the economy, the effects of economic, financial or political events, a loss of client accounts, inability of the Company to attract or retain qualified personnel, a challenge to our U.S. tax status, competition from other companies, changes in government policy or regulation, a decline in the Company's products' performance, inability of the Company to implement its operating strategy, inability of the Company to manage unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations, industry capacity and trends, changes in demand for the Company's services, changes in the Company's business strategy or development plans and contingent liabilities. The information in this release is as of the date of this release, and will not be updated as a result of new information or future events or developments. W.P. Stewart & Co., Ltd. Unaudited Condensed Consolidated Statements of Operations For the Three Months Ended % Change From Mar. 31, Dec. 31, Mar. 31, Dec. 31, Mar. 31, 2007 2006 2006 2006 2006 Revenue: Fees $21,061,944 $31,874,280 $27,187,308 -33.92% -22.53% Commissions 4,459,454 5,686,392 8,260,794 -21.58% -46.02% Realized and unrealized gains/ (losses) on investments (1) (21,201) 2,088,155 41,752 -101.02% -150.78% Interest and other (1) 440,328 101,107 756,325 335.51% -41.78% 25,940,525 39,749,934 36,246,179 -34.74% -28.43% Expenses: Employee compensation and benefits 16,149,555 12,900,065 7,738,837 25.19% 108.68% Fees paid out 1,781,660 2,003,373 2,174,908 -11.07% -18.08% Commissions, clearance and trading 787,965 1,159,174 1,642,079 -32.02% -52.01% Research and administration 3,392,907 3,348,373 3,629,544 1.33% -6.52% Marketing 1,564,158 1,753,368 1,711,094 -10.79% -8.59% Depreciation and amortization 1,438,229 1,727,325 1,575,794 -16.74% -8.73% Other operating 2,737,124 3,093,667 2,762,137 -11.52% -0.91% 27,851,598 25,985,345 21,234,393 7.18% 31.16% (Loss) / Income before taxes (1,911,073) 13,764,589 15,011,786 -113.88% -112.73% Provision for taxes (74,295) 2,138,009 2,347,675 -103.47% -103.16% Net (loss) / income $(1,836,778) $11,626,580 $12,664,111 -115.80% -114.50% Earnings per share: Basic earnings per share $(0.04) $0.25 $0.28 -116.00% -114.29% Diluted earnings per share $(0.04) $0.25 $0.28 -116.00% -114.29% Note (1): Prior period amounts have been revised to reflect presentation consistent with current period reporting. W.P. Stewart & Co., Ltd. Net Flows of Assets Under Management* (in millions) For the Three Months Ended Mar. 31, Dec. 31, Mar. 31, 2007 2006 2006 Existing Accounts: Contributions $83 $183 $329 Withdrawals (322) (379) (360) Net Flows of Existing Accounts (239) (196) (31) Publicly Available Funds: Contributions 75 18 34 Withdrawals (119) (63) (69) Direct Accounts Opened 115 34 57 Direct Accounts Closed (1,495) (460) (228) Net New Flows (1,424) (471) (206) Net Flows of Assets Under Management $(1,663) $(667) $(237) * The table above sets forth the total net flows of assets under management for the three months ended March 31, 2007, December 31, 2006 and March 31, 2006, respectively, which include changes in net flows of existing accounts and net new flows (net contributions to our publicly available funds and flows from new accounts minus closed accounts). The table excludes total capital appreciation or depreciation in assets under management with the exception of the amount attributable to withdrawals and closed accounts. For more information, please contact: Fred M. Ryan W.P. Stewart & Co. Tel: +1-441-295-8585
GENEVA, June 22 /Xinhua-PRNewswire/ -- Hundreds of thousands of cases of drug-resistant tuberculosis (TB) can be prevented and as many as 134,000 lives saved through the implementation of a two-year response plan, published/launched today by the World Health Organization (WHO) and the Stop TB Partnership. (Logo: http://www.xprn.com.cn/xprn/sa/20061102095006-51.jpg ) The Global MDR-TB and XDR-TB Response Plan 2007-2008 sets out measures needed now to prevent, treat and control extensively drug-resistant TB (XDR-TB)* and multidrug-resistant TB (MDR-TB)*. The plan also sets in motion actions to reach a 2015 goal of providing access to drugs and diagnostic tests to all MDR-TB and XDR-TB patients, saving the lives of up to 1.2 million patients. "XDR-TB is a threat to the security and stability of global health. This response plan identifies costs, milestones and priorities for health services that will continue to have an impact beyond its two-year time line," said WHO Director-General Dr Margaret Chan. The plan emphasizes the urgent need to boost basic TB control and target investment in key areas, including: strengthening programmes to treat drug- resistant TB; building capacity in diagnostic laboratories; expanding infection control and surveillance; and funding research into new and improved diagnostics, drugs and vaccines. The plan lays out a strategy for sufficiently increasing the number of fully equipped TB laboratories in countries with high levels of TB to achieve a ten-fold increase in detection of MDR-TB cases. If fully implemented, the plan will also increase by ten-fold the number of MDR-TB and XDR-TB patients being treated and cured under WHO guidelines. "We have sounded the alarm on the potential for an untreatable XDR-TB epidemic. Today we issue our response on behalf of all patients and communities whose lives are most at risk. It is an ambitious plan that must be fully supported if we are to keep a stranglehold on drug-resistant TB," said Dr Mario Raviglione, Director of the WHO Stop TB Department. The world first became aware of XDR-TB in March 2006 after researchers reported on an emerging global threat of highly resistant TB strains. Concerns were heightened six months later by a cluster of 'virtually untreatable' XDR-TB cases in an area of South Africa with high prevalence of HIV. All but one of the 53 patients died in an average of 25 days after samples were taken for drug resistance tests. Last month, the case of an air passenger from the United States infected with XDR-TB also focused attention on the need to address the TB epidemic as an immediate international priority. "A highly important element of the plan is a steady supply of quality drugs to treat MDR-TB and XDR-TB in underserved countries," said Dr Marcos Espinal, Executive Secretary of the Stop TB Partnership. "The Partnership's Global Drug Facility is ensuring supply of these drugs to a growing number of countries, after our Green Light Committee has verified that applicant countries meet its technical standards and will use the drugs correctly." The Global MDR-TB and XDR-TB Response Plan 2007-2008 details activities to be carried out in all six WHO regions. Its eight main objectives are those recommended by the WHO Global Task Force on XDR-TB, which met in October 2006. The total budget for the two-year plan is US$ 2.15 billion, of which 80% is for country-specific needs. US$ 102 million is for essential support functions to fight TB drug resistance by international partners, including WHO and the Stop TB Partnership, at global, regional and national levels. Note to Editors: MDR-TB is a form of TB that does not respond to the standard treatments and is defined as TB resistant to the main first-line drugs, isoniazid and rifampicin. There are an estimated 424 000 new cases of MDR-TB every year. Multidrug resistance emerges when there is mismanagement of drugs and under-investment in quality TB control. It can also be spread from one person to another. The cost of treating MDR-TB can be 1000 times more than treating standard TB. XDR-TB occurs when there is resistance to all of the most effective anti-TB drugs, and is defined as TB with MDR-TB resistance as well as resistance to any one of the fluoroquinolone drugs and to at least one of the three injectable second-line drugs, amikacin, capromycin and kanamycin. Extensive drug resistance emerges through mismanagement of MDR-TB and can also spread from one person to another. There are an estimated 25 000 to 30 000 new cases of XDR-TB every year. So far, 37 countries have confirmed cases of XDR-TB. All press releases, fact sheets and other WHO media material may be found at http://www.who.int . For further information, please contact: WHO Stop TB Department: Glenn Thomas Communications Officer Mobile: +41-79-509-0677 Email: thomasg@who.int Stop TB Partnership: Judith Mandelbaum-Schmid Communications Officer Stop TB Partnership Mobile: +41-79-254-6835 Email: schmidj@who.int For video and audio: Chris Black Tel: +41-22-791-1460 Mobile: +41-79-472-6054 Email: blackc@who.int
Agenda to Feature 2007 Research on the Leisure Real Estate Market and New Information on Property Legislation in the Middle East PARSIPPANY, N.J., June 22 /Xinhua-PRNewswire/ -- NorthCourse(SM) Leisure Real Estate Solutions and Group RCI today announced they will host the highly anticipated second annual Middle East Leisure Real Estate Symposium. The event, taking place on September 9th, at the exclusive Grosvenor House Hotel, a central location within the developing Dubai Marina, will open with an address by Ken May, chairman and CEO of Group RCI, the global leader in non-hotel leisure accommodations. The agenda will focus on the latest trends, legislation and investment opportunities in the UAE and throughout the Middle East. "Following the success of last year's symposium, we're pleased to be hosting an event that features speakers from the region's leading property and leisure organizations and visiting delegates from all over the world," said Ken May, chairman and CEO of Group RCI. "We feel that all who attend will benefit from the expertise of Group RCI and NorthCourse in this important and growing industry." The program offers an in-depth view on the latest market research from NorthCourse; recent findings and analysis on the global leisure real estate market, together with details about legislation affecting the shared ownership industry. Experts will also be on hand to present and debate the latest trends from fractional ownership to innovative real estate models like "PURE" (Personal Use Rental & Exchange). "The insights revealed will be especially useful to all involved with mixed-use developments and resorts," stated Peter Giamalva, president and managing director of NorthCourse Advisory Services. "The information presented should offer attendees a valuable edge for planning and aid in the successful delivery of these projects." For more information and registration please visit http://www.northcourse.com or contact Glen Taylor at Momentum at +971-4-390-1630 or glen@momentum.cc. About Group RCI Group RCI, part of the Wyndham Worldwide family of companies, (NYSE: WYN) is the global leader in non-hotel leisure accommodations with exclusive access for specified periods to more than 60,000 vacation properties in more than 100 countries. Organizationally, Group RCI is comprised of RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers; The Registry Collection(R), the world's largest luxury exchange program; NorthCourse(SM) Leisure Real Estate Solutions, an international leader in providing the full spectrum of advisory, research, asset management and turnkey solutions and services; and more than 30 vacation rental brands, through which vacationers can rent a wide variety of property types, from city apartments to country cottages to unique villas. Collectively, the company delivers vacation experiences to leisure travelers around the world and provides products and services to business customers that support the growth of the vacation ownership industry. Wyndham Worldwide Corporation is one of the world's largest hospitality companies. Wyndham Worldwide offers individual consumers and business-to-business customers a broad suite of hospitality products and services across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands in hotel franchising, vacation rental and exchange and vacation ownership. For additional information visit http://www.grouprci.com or the media center of http://www.wyndhamworldwide.com . About NorthCourse(SM) Leisure Real Estate Solutions With more than 30 years of experience, NorthCourse(SM) Leisure Real Estate Solutions is an international leader in providing the full spectrum of real estate research and advisory services. The company's expertise is in shared ownership business models and mixed use developments including timeshare, fractionals, private residence clubs, destination clubs and condo hotels as well as in-depth feasibility studies, business modeling, product design, consumer and market research. With offices in the United States, the United Kingdom, Spain, the United Arab Emirates and Singapore, NorthCourse is a division of Group RCI. For more information, please contact: Susan McGowan Group RCI Tel: +1-973-753-6482 Email: susan.mcgowan@rci.com Web: http://www.grouprci.com http://www.wyndhamworldwide.com
BEIJING, June 21 /Xinhua-PRNewswire/ -- Citibank (China) Co., Ltd. ("Citibank") and Sino-U.S. MetLife Insurance Company Limited today announced the launch of a new insurance offering in Beijing, the Wealth Selected Protection Plan (B). The new offering has been designed specifically to meet the needs of Citibank's customers. The launch sees Citibank become the first foreign bank to sell investment unit-linked insurance in Beijing. (Photo: http://www.xprn.com.cn/xprn/sa/200706211755.jpg ) Mr. Anand Selvakesari, Executive Vice President of Citibank (China) Co., Ltd., said, "Citibank is delighted to be the first foreign bank in Beijing to sell investment linked insurance from Sino-U.S. MetLife. We aim to ultimately look after all the wealth management needs of our customers over their entire life cycle, and we view the launch of Wealth Selected Protection Plan (B) as an important one that provides our customers in China with a new investment option." Mr. Brent Bell, General Manager of Sino-U.S. MetLife, noted, "The Bank insurance business in China is an emerging area with a very promising future. Sino-U.S. MetLife is pleased to be partnering closely with Citibank to provide life insurance products to Citibank's customers. Leveraging from MetLife's nearly 140-year history, and experience in serving nearly 70 million customers worldwide, Sino-U.S. MetLife is committed to providing superior customized protection and investment products to Citibank's customers." The Wealth Selected Protection Plan (B) is comprised of funds solutions from fund management companies selected by Sino-U.S. MetLife, following a rigorous selection process. The product is designed to act as an investment vehicle, allowing customers to invest capital while enjoying financial protection. Customers can either choose or build a portfolio on their own from 3 baskets of funds, namely "Money Market", "Balanced" and "Equity", depending on their investment horizon and risk appetite. The product requires a minimum subscription of 100,000 Renminbi. Features of the new offering include: -- Protection in the event of accidental disability. If the customer is disabled in an accident listed in the contract, he or she will be provided with a 10-year annual accidental dismemberment income benefit. -- The provision of three different investment account options, allows customers to choose their favored investment solutions according to their risk appetite. Customers can also add investment value or withdraw cash out of their account value without surrendering the policy at anytime and switch funds to explore investment opportunities. MetLife will evaluate the investment account value everyday and announce the unit price of every investment account. Customers can find out their wealth information through a service hotline. -- Sino-U.S. MetLife will provide a short message service for Citibank's customers to inform them of their account information when there are any changes to their account. The Wealth Selected Protection Plan (B) was launched in China after extensive development and preparation. The offering is unique to Citibank, and was tailor-made to meet the needs of Citibank's customers. It is available to Chinese nationals too since Citibank Beijing has received regulatory approval to offer local currency services to local residents. About Citi Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at http://www.citigroup.com or http://www.citi.com . About Citi China Citi first established an office in China on May 15, 1902, in Shanghai. Today Citi is the premier foreign bank operating in China, offering the broadest product range of any foreign bank in China. Citi currently operates six corporate & investment bank branches -- Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, and Chengdu, seventeen consumer bank outlets in Shanghai, Beijing, Tianjin, Guangzhou, Shenzhen and Chengdu, and one representative office in Xiamen. With operations in more than 100 countries around the world, Citi is the most global of all foreign banks in China. About Sino-U.S. MetLife Sino-US MetLife Insurance Company (MetLife) is an affiliate of MetLife, Inc. and Capital Airport Holding Company (CAHC) which was incorporated as a joint venture between Metropolitan Life Insurance Company and Capital Airport Holding Company (CAHC). MetLife, Inc. is a leading provider of insurance and financial services with operations throughout the United States, Latin America, Europe, and the Asia Pacific region. Through its affiliates, MetLife, Inc. reaches more than 70 million customers around the world, is the largest life insurer in the United States (based on life insurance in-force) with over 138 years of experience, and serves more than two-thirds of the FORTUNE 500R(R) companies. The MetLife companies offer life insurance, annuities, automobile and home insurance, retail banking and other financial services to individuals, as well as group insurance, reinsurance and retirement and savings products and services to corporations and other institutions. The business scope of CAHC, a company with the management of assets over 100 billion, includes management and construction of airports, investment and funding, hotel, travel and financial services. CAHC owns Capital Airport, a gateway airport of China. MetLife offers life, accident and health solutions in China through a career agency distribution system and other distribution channels. For more information about MetLife, please visit the company's web site at http://www.metlife.com.cn . (Footnote) FORTUNE 500(R), April 2007. FORTUNE 500(R) is a registered trademark of FORTUNE(R) magazine, a division of Time, Inc. MetLife is the #1 life insurer in the U.S., based on premiums as of Q3 2006, LIMRA International, Inc., November 2006. For more information, please contact: Citi Stephen Thomas Tel: +86-21-2896-6369 Email: stephen.r.thomas@citi.com Sino-U.S. MetLife Meggie Wei Tel: +86-10-8518-0966 x5619 Email: wwei@metlife.com
HELSINKI, June 21 /Xinhua-PRNewswire/ -- Stora Enso is investing to improve board quality and CTMP production at Fors Mill in Sweden Stora Enso will upgrade and modernise the two board machines (BM 2 and BM 3) and chemi-thermomechanical pulping (CTMP) plant 2 at its Fors Mill in Sweden to improve quality and pulp production. This project, costing a total of EUR 29 million, is scheduled to start in 2007 and be completed in January 2008 for BM 3 and the CTMP investment, and in January 2009 for BM 2. This investment will improve the quality of the board manufactured at the mill in order to meet customers' changing quality needs. It will moderately increase the mill's production capacity. Stora Enso is investing in packaging-derived fuel combustion at its Anjalankoski Mill in FinlandStora Enso is investing EUR 16.8 million to reduce energy costs by increasing packaging-derived fuel (PDF) and biofuel combustion capacity at its Anjalankoski Mill. The project, which is scheduled for completion in autumn 2008, will reduce dependence on fossil fuels and increase the utilisation of recovered materials and biofuels. PDF combustion capacity will be increased from 50 000 to 135 000 tonnes per year. The main investments will be in additional equipment for the existing power plant. Packaging for use as fuel at Anjalankoski Mill includes paperboard, wood and plastic packaging collected separately from small-scale businesses and wholesalers. Anjalankoski Mill has been utilising PDF since 1996. Previous press releases concerning Stora Enso's Fors Mill are available at http://www.storaenso.com/press - 26 October 2006: Stora Enso invests in its operations in Austria and Finland - 16 December 2005: Quality upgrade at Stora Enso's Fors Mill in Sweden Stora Enso is an integrated paper, packaging and forest products company producing publication and fine paper, packaging board and wood products ¨C all areas in which the Group is a global market leader. Stora Enso's sales totalled EUR 14.6 billion in 2006. The Group has some 44 000 employees in more than 40 countries on five continents. Stora Enso has an annual production capacity of 16.5 million tonnes of paper and board and 7.4 million cubic metres of sawn wood products, including 3.2 million cubic metres of value-added products. Stora Enso's shares are listed in Helsinki, Stockholm and New York. For further information, please contact: Hakan Molden, Managing Director, Stora Enso Packaging Boards, Fors Mill, Tel: +46 1046 350 64 Mikko Jokio, SVP, Stora Enso Publication Paper, Tel: +358 2046 26450 Kari Vainio, EVP, Corporate Communications, Tel: +44 7799 348 197 Keith B Russell, SVP, Investor Relations, Tel: +44 7775 788 659 http://www.storaenso.com http://www.storaenso.com/investors
China's 3D Leader Draws Global Top-tier Backer to Spearhead 3D Platform Development in China SHANGHAI, China, June 19 /Xinhua-PRNewswire/ -- 3D Media (China) Ltd., the creator of the first 3D MediaTainment platform in China, announced today that Softbank China Venture Capital (SBCVC) has taken an equity stake and become a strategic investor ( http://china3dmedia.com/photo.html ) in it's parent company, 3D Holdings Ltd. Established in 2006 and headquartered in Shanghai, 3D Media China has created a unique nationwide 3D entertainment and media network targeting 100 million young, urban, affluent individuals in major Chinese cities. The strategic partnership with Softbank will enable the group to speed up its expansion and consolidate its market-leading position as China's biggest 3D entertainment and media operator. "We are delighted to have Softbank as our strategic investor. In addition to providing capital, Softbank's experience in Japan and Korea, the world-renowned markets for online and video games, will no doubt help steer our development in China to new heights," said Mr. Al Pien ( http://china3dmedia.com/boss.html ), founder and president of 3D Media. "We strongly believe in 3D Media's innovative business model in adopting 3D visual technology to create an entertainment and media platform," said Mr. Chauncey Shey, president of Softbank China Holdings and managing partner of SBCVC. "Our visual experience has been enriched by the progress from black and white to colour TV, and now to high definition. 3D screens will be next -- a natural evolution." 3D Media is the first company in China to have successfully created a 3D entertainment and media platform drawing on leading German 3D technology. The group has recently secured contracts with nationwide internet caf¨¦ chains to install more than 20,000 sets of 3D gaming facilities, and expects to install one million set within three years through the setting up of 3D gaming zones in internet cafes. More than 20 popular 3D games will be launched this year. About Softbank China Venture Capital Softbank China Venture Capital (SBCVC) is a leading venture capital in China. SBCVC strives to help outstanding entrepreneurs in China (including Hong Kong, Macau, and Taiwan) build world-class companies. The professional team of SBCVC has first-hand experience in building successful startups, as evidenced through their solid management skills, in-depth knowledge of investment and technology issues, a plethora of marketing, R&D, and financing experiences garnered from working both overseas and in China. SBCVC is the investor of success stories such as Alibaba.com, Taobao and Focus Media. About 3D Media China 3D Media China is a wholly-owned subsidiary of 3D Holdings Ltd., a media and entertainment holding company focused on integrating advertising, entertainment and internet and video-gaming through auto stereoscopic 3D displays. Founded by Mr. Al Pien in 2006, the company has created a nationwide 3D MediaTainment platform in China through constructing media networks at mid-to-high end shopping malls, stylish nightlife entertainment spots and upscale internet cafes. For more information, please contact: Sulian Chen, Director, Corporate Affairs 3D Media Tel: +86-21-5425-3399 x101 Email: sulianchen@china3dmedia.com
In the news release, "3D Media China Attracts Investment from Softbank," issued on June 19 by 3D Media China over Xinhua-PRNewswire, we are advised by a representative of the Company that the caption should read "3D Media China Attracts Investment from Softbank China Affiliate SBCVC," rather than "3D Media China Attracts Investment from Softbank," as originally issued inadvertently. Also, the six paragraph, last sentence, should read "SBCVC is the investor of success stories such as Alibaba.com, Taobao and Focus Media," rather than " Softbank is the founding investor of success stories such as e-commerce company Alibaba.com, Taobao, Yahoo, and Focus Media." The full paragraph should read: About SBCVC ( http://www.sbcvc.com ) SBCVC is a leading venture capital in China. The firm strives to help outstanding entrepreneurs in China (including Hong Kong, Macau, and Taiwan) build world-class companies. The professional team of SBCVC has first-hand experience in building successful startups, as evidenced through their solid management skills, in-depth knowledge of investment and technology issues, a plethora of marketing, R&D, and financing experiences garnered from working both overseas and in China. SBCVC is the investor of success stories such as Alibaba.com, Taobao and Focus Media. For more information, please contact: Sulian Chen, Director, Corporate Affairs 3D Media Tel: +86-21-5425-3399 x101 Email: sulianchen@china3dmedia.com
OptiSnap Connector Enables Fiber Optic Networks to be Installed Quickly, Cost-effectively HICKORY, N.C., June 21 /Xinhua-PRNewswire/ -- Corning Cable Systems, part of Corning Incorporated's (NYSE: GLW) Telecommunications segment, introduces the OptiSnap(TM) Connector, a field-installable no-epoxy, no-polish connector that enables quick and cost-effective termination of fiber optic cables. The OptiSnap Connector installs in less than one minute through the use of Corning Cable Systems' patented, high-precision mechanical splice technology. It is ideal for single-mode fiber-to-the-x applications, maintenance and restoration of building cable, and MDU applications where installation setup and teardown time is critical. The installation system features an on-tool patented go/no-go feedback signal to confirm installation is performed correctly every time. When the fiber is inserted and the cam activated, a pass/fail light on the installation tool signals that the installation was successful. The connector's factory-polished ceramic ferrule provides superior end-face geometry, ensuring consistently low insertion loss and high-performance return loss. The OptiSnap Connector is available in single-mode SC, ST and LC connector styles and features a typical insertion loss of 0.2 dB for UPC versions and 0.4 dB for APC versions. The OptiSnap Connector Installation Tool Kit contains everything needed for installation of the different connector styles. No epoxy, polishing film or other consumables are required, and there is no need for electrical power for ovens or lights. The tool kit requires virtually no set-up or tear down time, allowing installers to get in and out of installation sites quickly. It is available with either a high-precision flat or angled cleaver to provide the connector reflectance performance for a variety of applications. The OptiSnap(TM) Connector will be featured in Corning Cable Systems' booth (#4440) at NXTcomm 2007, June 19-21 in Chicago. Through its Evolant(R) Solutions for Access Networks, Corning Cable Systems offers specialized portfolios of innovative products and services that enable customers to cost-effectively deploy fiber in the last mile. For additional information on the OptiSnap Connector or any other Corning Cable Systems product or service, contact a customer service representative at 1-800-743-2675, toll free in the United States, or (+1) 828-901-5000, international, or visit http://www.corning.com/cablesystems . About Corning Incorporated Corning Incorporated ( http://www.corning.com ) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy and metrology. For more information, please contact: Corning Communications Contact (China) Lydia Lu Tel: +86-21-5467-4666 x1900 Email: lulr@corning.com Corning Cable Systems Contact: Dana S. McEntire Tel: +1-828-901-6910 Email: dana.mcentire@corning.com Corning Communications Contact (US) Lisa A. Burns Tel: +1-607-974-4897 Email: burnsla@corning.com
Actions' Entire Product Portfolio Now Available for Shipment to U.S. Without Restrictions ZHUHAI, China, June 21 /Xinhua-PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor companies, today announced that it has settled all outstanding litigation worldwide with SigmaTel, Inc. (Nasdaq: SGTL). Under terms of the settlement agreement, all outstanding claims and counterclaims in the lawsuits in which the two companies have been engaged will be dismissed with prejudice. Both companies also agreed to not pursue possible third party IP infringements or new legal actions against each other and their respective customers for three years. Additionally, Actions and SigmaTel entered into a comprehensive cross-license agreement covering patents owned or controlled by either party or its subsidiaries. Consequently, all of Actions' current and future products may now be imported into the U.S. market without restrictions. "We are pleased to have reached a mutually beneficial agreement that advances the long-term interests of both companies," commented Mr. Nan-Horng Yeh, Chief Executive Officer of Actions Semiconductor. "The agreement lays the groundwork for fair competition and validates the strength of our intellectual property portfolio." About Actions Semiconductor Actions Semiconductor is one of China's leading fabless semiconductor companies that provides mixed-signal and multimedia SoC solutions for portable consumer electronics. Actions Semiconductor products include SoCs, firmware, software, solution development kits, as well as detailed specifications of other required components and the providers of those components. Actions Semiconductor also provides total product and technology solutions that allow customers to quickly introduce new portable consumer electronics to the mass market in a cost effective way. The company is headquartered in Zhuhai, China, with offices in Beijing and Shenzhen. For more information, please visit the Actions Semiconductor website at http://www.actions-semi.com. "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995 Statements contained in this release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause Actions Semiconductor's actual results to differ materially from our current expectations. Factors that could cause Actions Semiconductor's results to differ materially from those set forth in these forward-looking statements include customers' cancellation or modification of their orders; our failure to accurately forecast demand for our products; the loss of, or a significant reduction in orders from, any of our significant customers; fluctuations in our operating results; our inability to develop and sell new products; defects in or failures of our products; the expense and uncertainty involved in our customer design-win efforts; the financial viability of the distributors of our products; consumer demand; worldwide economic and political conditions; fluctuations in our costs to manufacture our products; our reliance on third parties to manufacture, test, assemble and ship our products; our ability to retain and attract key personnel; our ability to compete with our competitors; and our ability to protect our intellectual property rights and not infringe the intellectual property rights of others. Other factors that may cause our actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect our prospects in general are described in our filings with the Securities and Exchange Commission, including our Registration Statement on Form F-1 related to our initial public offering and secondary offering. Actions Semiconductor undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances. For More Information Investor Contacts: Lisa Laukkanen The Blueshirt Group for Actions Semiconductor lisa@blueshirtgroup.com +1-415-217-4967 Chung Hsu Investor Relations at Actions chung@actions-semi.com +86-756 3392 353 *1015
BEIJING, June 21 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM), the Total Solutions Provider, announced today that its majority owned subsidiary, Subaye.com, Inc. (www.subaye.com), the services provider of corporate video web page developing, hosting and marketing, executed a strategic partnership with China Netcom Group Guangdong Company (http://gd.chinanetcom.com.cn/ ). Together the companies will launch the corporate video online service (http://subaye.cncspace.com/) as a channel on China Netcom Group Guangdong Portal CNCMAX (www.cncspace.com ). Under the agreement, China Netcom Group Guangdong Company will market Subaye.com corporate video broadband to more than a half-million SME broadband users. Subaye.com will provide information and customer services as its core competency. Based on revenue sharing, both companies will work together to provide a better, customer-preferred type of broadband video products and services to lead a new trend of business services in China. Alan Lun CEO of TCOM, commented, "We are very pleased to have this opportunity to work with China Netcom Group Guangdong Company. The agreement will bring us a major marketing network in which we can easily access half million SME broadband users of China Netcom Group Guangdong Company without any substantial costs. The business users of China Netcom Group Guangdong Company are an ideal target market for our corporate video online services. We expect to increase our user base substantially in the next 12 months. In turn, it could generate substantial fees for our bottom line." About Telecom Communications, Inc. Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd., IC Star MMS, Ltd. ( http://www.skyestar.com ), Guangzhou TCOM Computer Technology Limited ( http://www.mystaru.com ) and majority owned subsidiary Subaye.com, Inc. ( http://www.subaye.com ). Safe Harbor The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. For more information, please contact: Ms. Shirley Li Telecom Communications, Inc. Email: IR@tcom8266.com
BERLIN, June 21 /Xinhua-PRNewswire/ -- Industry players from all over the world will be present in Freiburg, Germany for this year's Intersolar convention from June 21 through 23. 560 exhibitioners and 26,000 visitors from over 90 countries will be in attendance and Invest in Germany will be there to outline the advantages of PV investments in Germany. Germany is the world's leading market for PV energy. 55% of the PV capacity worldwide is installed in Germany, and last year Germany's PV industry generated EUR3.8 billion in sales. A main reason for Germany's leading position in PV energy is the Renewable Energies Act, (EEG). The law requires power companies to buy electricity from the owners of PV installations at a set price, 37.96 to 54.21 EURct/kWh over twenty years. This so-called "feed in tariff" has resulted in a ready-made market for PV technology production. Additionally, various government incentives are available for companies investing in eastern Germany, in areas such as "Silicon Saxony," where numerous PV and semiconductor firms are present. It is not only the political conditions that encourage photovoltaic investments in Germany. Germany's workforce and research landscape are also superb. For example, the Canadian company ARISE Technologies Corporation is building a PV cell manufacturing plant in the German town of Bischofswerda. The company's CEO Ian MacLellan sees Germany's workforce as one of its main features, "We selected Germany because it is the largest solar market in the world. It has a high concentration of solar technology companies and has access to skilled technical labor." American solar company First Solar is also opening its EUR115 million facility in the German town of Frankfurt/Oder at the beginning of July. Furthermore, the California-based start-up Signet Solar recently broke ground on a new R and D, and production center near the city of Dresden. Germany is committed to the future of PV energy and renewable energies. The country possesses all of the requirements both politically and economically for international PV companies to thrive, as many already are. Invest in Germany is the official investment promotion agency of Germany. Its mandate is to assist and advise international companies about investment opportunities in Germany. Invest in Germany can be found in Hall 1, Booth 1.03.09 at Intersolar in Freiburg. For more information, please contact: Eva Henkel Invest in Germany Tel: +49-30-200-099-173 Fax: +49-30-200-099-111 Email: henkel@invest-in-germany.com http://www.invest-in-germany.com
WASHINGTON, June 21 /Xinhua-PRNewswire/ -- The chief enforcement officer of the U.S. Federal Energy Regulatory Commission (FERC) on Wednesday expressed confidence that the federal government can adequately monitor the expanding physical and financial energy markets. At a Platts Energy Podium roundtable with reporters, FERC Office of Enforcement Director Susan Court emphasized the commission's enforcement efforts as members of Congress and state officials increasingly call on federal regulators to explain rising oil, natural gas and electricity prices. "FERC, without a doubt, has joined the ranks of federal enforcement agencies," Court said. "Its ability to enforce its rules and orders issued to carry out its responsibilities is as great as any federal agency in the federal government." Court addressed concerns that the commission either does not have enough regulatory and investigative tools to monitor the vast gas and power markets, or is not using them to the extent it should. She insisted that FERC investigators have "adequate tools" in terms of information and authority to monitor markets and enforce laws barring manipulation. Coming off the market breakdown of the Western energy crisis in 2000-01 and the price spikes after Hurricanes Katrina and Rita, Congress strengthened FERC's authority in 2005 to aggressively pursue instances of market manipulation and penalize energy companies that ignore federal regulations or try to defraud customers. FERC has authority under the Energy Policy Act of 2005 to impose fines of up to $1 million per day per violation of regulations. Congress and states have ramped up the pressure on FERC and its chairman, Joseph Kelliher, to keep a close eye on trading in the financial futures markets that impact the physical gas and power markets. "We have adequate tools to do that," Court said, adding that a nearly doubling of enforcement staff in the past five years is enough to oversee the interrelated physical and future markets. Kelliher has supported changes in staffing to do just that, she said. "To the extent that we see a need, he's never said no. We have access to sufficient information, but we also have staff that understands the relationship between those markets." Sponsored by Platts, a division of The McGraw-Hill Companies, Platts Energy Podium provides an ongoing forum for prominent newsmakers and the press to address important energy and environmental issues. Credentialed members of the media may receive complementary registration for Energy Podium events by contacting Nancy Covey at 202-942-8719, Nancy_Covey@platts.com. A recording of the Susan Court session is available via podcast at http://www.energypodium.platts.com . About Platts: Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading global provider of energy and metals information. With nearly a century of business experience, Platts serves customers across more than 150 countries. From 14 offices worldwide, Platts serves the oil, natural gas, electricity, nuclear power, coal, petrochemical and metals markets. Platts' real time news, pricing, analytical services, and conferences help markets operate with transparency and efficiency. Traders, risk managers, analysts, and industry leaders depend upon Platts to help them make better trading and investment decisions. Additional information is available at http://www.platts.com . About The McGraw-Hill Companies: Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional information is available at http://www.mcgraw-hill.com . For more information, please contact: Kathleen Tanzy, Tel: +1-212-904-2860 Email: Kathleen_tanzy@platts.com Europe Media Contact Shiona Ramage Tel: +44-207-1766153 Asia Media Contact Casey Yew Tel: +65-653-06552
DELHI, India, June 21 /Xinhua-PRNewswire/ -- KONE has won an order to supply all elevators for the second phase of the construction process of the Delhi Metro in India. The order is one of the largest single orders for KONE in India, including 162 elevators. In addition, KONE has been awarded the planning and installation of a Centralized Monitoring System. The installation of the new elevators will start in 2007 and is estimated to be completed in 2010. "The project to construct one of the world's most modern metro stations in a metropolis like Delhi has been a really exciting project for KONE. The ambitious construction schedule and the level of high-tech equipment used at the metro station have proven that the city of Delhi has a high need for an efficient solution for its fast growing people flows," comments Pekka Kemppainen, KONE Area Director for Asia-Pacific. "The increasing need for developing infrastructure in India makes it a very interesting market for KONE." KONE has offered elevators and escalators for the earlier stages of the construction process. The existing elevators will be linked to a new centralized monitoring system, which KONE will install in conjunction with the new elevators. The central monitoring system enables remote monitoring of the status, traffic and faults, resulting in valuable system information for analysis. The construction process of the Delhi Metro started in 1998 and final extensions are estimated to be completed in 2010. The unique feature of the Delhi Metro is its integration with other modes of public transport, enabling the commuters to conveniently interchange from one mode to another. The Delhi Metro is one of the trendsetters for such systems among other cities in the South Asian region. The metro is operated by the Delhi Metro Rail Corporation (DMRC). KONE is one of the world's leading elevator and escalator companies. It provides its customers with industry-leading elevators and escalators, with innovative solutions for their maintenance and modernization. KONE also provides maintenance of automatic building doors. In 2006, KONE had annual net sales of EUR 3.6 billion and approximately 29,000 employees. Its class B shares are listed on the Helsinki Stock Exchange in Finland. http://www.kone.com For more information, please contact: Minna Mars, SVP, Corporate Communications & IR Tel: +358-204-75-4501
本文:
株式会社システムソフト(福岡市中央区・代表取締役社長 吉尾春樹 JASDAQ証券コード7527)は、 自社で運営・管理する不動産ポータルサイト「CatchUp」(http://catchup-j.com/)内、新築マンション物件検索サイト「CatchUp新築マンション」において、「アクセスが便利」「2,999万円以下」「花火が見える」「ペットにやさしい」など7つの切り口で物件を特集する『テーマで選ぶ!こだわりの新築マンション特集』をスタートしました。
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■テーマで選ぶ!こだわりの新築マンション特集
(http://live.catchup-j.com/smansion/theme0706/)
~7つのこだわり特集はこちらから~
・『先取り情報!』
これから販売される物件を、先取りでご紹介
(http://live.catchup-j.com/cp/theme0706/theme01.php?net_code=971)
・『2,999万円以下』
価格が魅力の2,999万円以下物件特集
(http://live.catchup-j.com/cp/theme0706/theme01.php?net_code=975)
・『アクセスが便利』
通勤もラクラク!ターミナル駅(東京、新宿、品川、池袋)へDoor to Doorで30分以内、または2路
線利用可能な物件
(http://live.catchup-j.com/cp/theme0706/theme01.php?net_code=974)
・『花火が見える』
いよいよ、夏本番。自宅から花火が見える物件
(http://live.catchup-j.com/cp/theme0706/theme01.php?net_code=977)
・『ペットにやさしい』
大型犬飼育可能、2頭以上飼育可能、専用足洗い場設置、ドッグラン設置など
(http://live.catchup-j.com/cp/theme0706/theme01.php?net_code=973)
・『駅徒歩5分以内(東京)』
最寄駅から徒歩5分以内の物件。投資、セカンドハウスとしての利用価値も
(http://live.catchup-j.com/cp/theme0706/theme01.php?net_code=972)
・『駅徒歩5分以内(神奈川・千葉・埼玉ほか)』
最寄駅から徒歩5分以内の物件。駅近だから、買い物も便利
(http://live.catchup-j.com/cp/theme0706/theme01.php?net_code=976)
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本件に関するお問い合わせは、
■株式会社システムソフト
担当窓口:CatchUp事業部 事業推進部 部長 橋本 亜津佐
E-MAIL:press@catchup-j.com
TEL:03-5446-5863 FAX:03-5446-5861
〒105-0014 東京都港区芝2-2-14 一星芝ビルディング5F
会社概要はこちら http://www.systemsoft.co.jp/
不動産ポータルCatchUp http://catchup-j.com/
本文:
サーフィンの動画、DVD最高シリーズ企画、制作のインピアンクープロダクションズ株式会社(本社:神奈川県藤沢市、代表取締役:中野智道、以下 インピアンクー)は同社が制作するサーフィンのDVD「最高!!シリーズ」最新作「バリ最高!!ウンパッ(4)」を全国のサーフショップや最高シリーズオフィシャルサイト「315.co.jp」(URL:http://315.co.jp/)にて6月22日より一斉発売を開始いたします。
■バリ最高!!ウンパッ(4)概要
◆バリ最高!!ウンパッ(4)紹介テキスト
お待たせしました~!!
熱い御要望を頂き、遂に登場!!「バリ最高!!」第4弾!!
その名はもちろん…『バリ最高!!ウンパッ(4)』
「海は○○最高テレビ」として、リポーター「マデー・キナ」がバリ島の流行りの遊びや、サーフポイントなどを中継リポートし、国内外の新世代~ベテランのトッププロサーファー達が繰り広げる最高!!最新!!のライディングの数々をも収録した今までに無いこの斬新さは、誰が観たって面白さ120%!!
もう、観るっきゃないでしょ~!! テリマカシ~!!
◆バリ最高!!ウンパッ(4)日本人サーファー出演一覧
今村厚/牛越峰統/小川啓/小川幸男/小野嘉夫/糟谷修自/佐藤和也/椎葉順/進藤晃/関谷利博/田中ジョウ/田中英義/仲野仁人/沼尻和則/萩原周/林健太/原田正規/樋口賢/松岡慧斗/山田恭平/脇祐史/脇田貴之/渡辺将人
◆バリ最高!!ウンパッ(4)外国人サーファー出演者一覧
BOL(ボル)/BETET(べテ)/Darren Turner(ダレンターナー)/Danny Melhado(ダニーメルハド)/DEDE(デデ)/GALT(ガル)/JAMIE O'BRIEN(ジェイミー・オブライエン)/Jason Shibata(ジェイソンシバタ)/Kina(キナ)/Koming(コミン)/Lee(リー)/Pepen(ペペン)/Rob Machado(ロブ・マチャド)/Tameng(タメン)
◆収録分数
本編 約45分
◆仕様
片面1層 画面サイズ4:3 ドルビー2.0chステレオ
◆制作年
2007年
◆製作国
日本
■「最高!!シリーズ」とは
日本最大規模の売上枚数をほこるサーフィンのDVDシリーズ。
2002年のバリ島のテロをきっかけにバリのサーフィン、観光業の復興を祈りインピアンクー代表の中野智道が単身バリにわたり撮影を開始。
「バリ最高!!ウンパッ(4)」http://315.co.jp/?pid=3977125
「超最高!!」http://315.co.jp/?pid=2921026
「ハワイ最高!!」http://315.co.jp/?pid=2376706
「湘南最高!!」 http://315.co.jp/?pid=2376711
「バリ最高!!ティガ(3)」http://315.co.jp/?pid=2376720
「バリ最高!!ドゥア(2)」http://315.co.jp/?pid=2376723
「バリ最高!!」http://315.co.jp/?pid=2376723
■会社概要
会社名:インピアンクープロダクションズ株式会社
代表取締役:中野智道
設立:2006年11月
事業内容:サーフィンDVD「最高シリーズ」の企画・制作・販売、イベント・コンサートのプロデュース、スポーツ選手・アーティストのマネジメント・エージェント業務
所在地:神奈川県藤沢市鵠沼海岸6-5-2A201
URL:http://impianku.co.jp/
「最高!!シリーズ」オフィシャルサイト:http://315.co.jp/
「最高!!シリーズ」オフィシャルブログ:http://blog.315.co.jp/
■報道関係お問合せ先
インピアンクープロダクションズ株式会社広報担当:蓜島亮(はいしまりょう)
Mail:press@impianku.co.jp
※本広報資料の転送/引用は、ご自由にご利用下さい。
※本リリース文中に記載の会社名・商品名・URLなどは、本リリース発表時点のもの
です。
本文:
各 位
社名 株式会社ウェブクルー
代表者名 代表取締役社長 青山 浩
(コード番号 8767 東証マザーズ)
社名 株式会社グランドエイジング
代表者名 代表取締役社長 鈴木 康裕
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「有料老人ホーム等紹介事業者連絡協議会」の設立に参加
~有料老人ホーム紹介の業界団体を設立し、活動を通じて入居者・検討者・家族の保護を目指す~
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株式会社ウェブクルー(以下、「ウェブクルー」という)のグループ会社、株式会社グランドエイジング(以下、「グランドエイジング」という)では、日本初となる有料老人ホーム紹介業の業界団体「有料老人ホーム等紹介事業者連絡協議会(以下、「有紹協」という)」の発足に参加する運びとなりました。
■設立の背景
昨今、有料老人ホームなど高齢者向けに安心できる住まいを求める消費者は急増しています。また、そのニーズに応える形で有料老人ホームの運営形態も多様化しています。このような状況の中で、消費者に正しく適確に老人ホーム等を紹介し、消費者の保護を図るとともに、それらの運営事業者の健全な発展に資することを目的に「有紹協」は発足いたします。
また、最近では有料老人ホームに関係するさまざまなトラブルが発生し、社会問題となっています。そのため、有料老人ホームの情報を公平・公正に提供する団体の必要性を求める声が高まっています。「有紹協」では正しい情報提供とともに、有料老人ホーム等高齢者の住まいに関わる業界の健全な発展を啓蒙し、これからの日本の高齢化社会に必要な礎を築いてまいります。
■目的
「有紹協」は、有料老人ホーム等の入居者とその家族の保護を最優先し、トラブルを未然に防ぐとともに、有料老人ホーム等への入居検討者の有料老人ホーム等の適正な選択に資し、有料老人ホーム等の紹介取引の公正化を図り、有料老人ホームを中心とした高齢者の住まい業界の健全な発展に寄与することを目的とします。
■協議会の業務について
(1) 事業者間の情報共有及び消費者へ向けた情報提供に関すること。
(2) 有料老人ホーム等運営企業及び業界へ向けた提言等情報発信に関すること。
(3) 関係官公庁及び関係団体との連絡に関すること。
(4) 有料老人ホーム等の紹介取引の公正化に関する研究に関すること。
(5) 一般消費者からの苦情の受付に関すること。
(6) その他「有紹協」の目的を達成するために必要な事業。
■今後の予定
6月21日 設立(設立準備委員会廃止に伴い、協議会理事選任予定)
■設立準備委員会について
「有紹協」設立準備委員会は下記企業・団体により構成されています。(社名50音順)
株式会社アイレップ
株式会社グランドエイジング
社団法人コミュニティネットワーク協会
株式会社ザップ
株式会社みんかい
■事務局について
事務局は、下記に設置いたします。
株式会社アイレップ シニアマーケティング事業部内 担当:土屋
東京都渋谷区渋谷2丁目1番1号 青山東急ビル
TEL:03-5464-5802/FAX:03-5464-2437 Mail: ysk@i-care.jp
■グランドエイジングについて
保険の比較サイト「保険スクエアbang!」を運営している株式会社ウェブクルー(証券コード:8767)の子会社であり、有料老人ホームの紹介を中心に、シニア向けEマーケットプレイスを企画・運営しています。
<会 社 概 要>
【会社名】株式会社グランドエイジング
【所在地】東京都港区六本木1丁目4番33号 六本木21森ビル2F
【代表者】鈴木 康裕
【設 立】2004年3月
【資本金】2,270万円
【事業内容】シニア向けEマーケットプレイスを企画・運営、インターネット広告代理業など
【URL】http://www.kantou-home.com/
【本件に関してのお問合せ先】
株式会社グランドエイジング 担当 鈴木
TEL:03-5251-0071/FAX:03-5251-0072/Mail:info@kantou-home.com
株式会社ウェブクルー 企画IRグループ 担当 小林
TEL:03-5561-6087/FAX:03-5561-6081/Mail:pr@bang.co.jp
本文:
今日『くちコミ』が、企業のマーケティング活動を行う上で無視できない影響力を持ってきたと言っても過言ではありません。このような背景のもと私たちは2003年より『くちコミ』のコミュニケーションに与える影響力の実態を分析してきました。今回も前回調査と同じように『くちコミ』とメディアの関係についても分析しているTSUZUMIモデル(鼓モデル)にそって分析しています。
*調査データの概要は
http://www.kokokusha.co.jp/service/kuchikomi
よりダウンロードできます。
(『くちコミ』調査2007報告書サマリー)
●調査結果のポイント
1:『くちコミ』が購入に与えた影響力は76.4%だった。2005年調査よりアップ。
(61.3%)
2:『くちコミ』の元となった2大情報源は「くちコミ」と「テレビ」。
3:接触頻度(昨年との比較)をみると、主要4媒体の中では「新聞」が若干増加と健闘。
下記より『くちコミ』調査2007の調査レポートがダウンロードできます。
http://www.kokokusha.co.jp/service/kuchikomi.html
プレスリリース原稿
http://www.kokokusha.co.jp/service/pdf/WomResearch2007Press_Release.pdf
-----------------------------------------
●調査内容のポイント
1:『くちコミ』が購入に与えた影響力は76.4%であった。
見聞きした「くちコミ」が購入に影響しているのは、男女とも20代
に多い。女性は20代に次いで、40代50代も購入に影響を強く受けている。
2:『くちコミ』の元となった2大情報源は「くちコミ」と「テレビ」。
『くちコミ』の元となる情報源の1位は『くちコミ』だが、2位はテレビからである。
また「その商品利用者やネットコミュニティーを見て」が上位にくる。
3:新聞の閲読の増減指数は若干増加。
新聞は主要4マスメディアの中で指数がプラスになる。
男性30代は「昨年に比較して増えた」と「減った」が2極化。
男性60代以上が「昨年に比較して増えた」が増加している。
以上詳しい内容は下記の『くちコミ』調査2007サマリーをご覧ください。
http://www.kokokusha.co.jp/service/kuchikomiよりダウンロードできます。
(『くちコミ』調査2007報告書サマリー)
*尚『くちコミ』調査と私たちが5年間行ってきた『くちコミ』マーケティングプロジェクトについての書籍が電気新聞より発行されます。
『くちコミニスト』を活用せよ!お客さまがお客さまに薦めるマーケティング
-------オール電化実践編---------(2007年7月中旬発行)
出版社 社団法人 日本電気協会 新聞部 メディア事業局
http://www.shimbun.denki.or.jp/publish/eigyoh.html
本文:
「e-まち看板」は、地域に特化し、e-まちタウン全国288エリア(開始時は69エリアのみ)の中の約350に細分化された業種カテゴリごとに広告を掲載できる、店舗・企業様向けサービスです。
e-まちタウンでは、各地域、業種カテゴリに分けて、店舗・企業様の情報を案内しており、「e-まち看板」をご利用いただくと、ご希望の地域および業種カテゴリのページ上部に、広告を掲載することができます。枠数は、1エリア1カテゴリにつき、3社限定となります。e-まちタウンの利用者は、各地域の情報を求める、その地域にお住まいの方や勤務されている方が多いため、地域の属性やニーズが合った利用者へ、効率的に広告することができます。
店舗や企業様の中には、現在、主流となっている交通広告や折り込みチラシなどの地域における広告は、多額の費用を必要とし、気軽に利用しにくいと感じていたり、インターネット広告に関しても、知識や経験があまりないため、敷居が高いと思われたりする方々が多くいらっしゃいます。「e-まち看板」は、こういった店舗や企業様を対象とした廉価で簡単に利用できる地域に特化した広告商品です。
「e-まち看板」なら、1地域、1業種カテゴリにつき、月額2,100円(消費税込)と、廉価に出稿が可能です。関連性のあるエリアとカテゴリを絞ることにより、広告予算があまりとれない広告主様も、費用を抑えながら広告を掲載することができます。また、1ヶ月間のみなど、短期間での掲載も可能なため、新規オープン時や、季節的な要因で集客を強化したいなどのご要望にもお応えできます。
また、広告主様は、ブラウザからお申込みが可能で、その場で掲載イメージを確認しながら、原稿作成を行うことができるため、特別なインターネット広告の知識は必要とせず、簡単にご利用いただけます。
広告の露出されるe-まちタウンの各ページ自体には、SEO(サーチエンジン最適化)が施されており、外部の検索エンジンで地域+カテゴリ名(例、渋谷+クリーニング、新宿+クリーニング 等)などのキーワードにより検索された際にも、検索結果の上位に表示されやすくなっております。e-まちタウン以外で、地域情報を探している方々へもアピールすることが可能です。
なお、現在は、東京都および神奈川県全域の69エリアで受付を開始しており、今後、全国288のエリアへの拡大を予定しております。
「e-まちタウン」は、今後とも、地域住民の皆様の目線に立ち、役立つサービスを展開してまいります。
【e-まち看板の概要】
「e-まち看板」は、e-まちタウンの全国288エリアの地域(現段階では、69エリアのみ)と約350の細分化された業種カテゴリごとに、広告を掲載できる、地域に密着した店舗・企業様向けサービスです。
【e-まち看板の特長】
(1)地域ごと、細分化された業種カテゴリごとに上位掲載
各地域、約350の業種カテゴリごとに出稿ができるため、地域属性やニーズがマッチしたユーザーへ効率的に広告することができます。また、掲載費用は、月額2,100円(消費税込)と、廉価に広告できます。
※今後は、地域や業種の人気(ページビュー)に応じた価格設定を予定しております。
(2)SEOが施されたページに掲載
「e-まち看板」掲載ページには、SEOが施されており、外部検索エンジンを利用して「地域」+「業種カテゴリ」などのキーワードで検索する消費者に対してもアプローチできます。
(3)ブラウザから簡単にお申込み
ブラウザでイメージを確認しながら、原稿を作成することができ、簡単にお申込みが可能です。
【e-まちタウン 会社概要】
■社名 : e-まちタウン株式会社
■所在地 : 〒171-0022 東京都豊島区南池袋1-16-15 光センタービル
■主な事業内容 : メディア広告事業/サーバー事業
■設立年月日 : 1995年10月16日
■代表者 : 代表取締役社長 島村 正顕
■資本金 : 1,410百万円
■証券コード : 東証マザーズ:4747
【サービス概要】
■サービス名称 : e-まちタウン「e-まち看板(PC版)」
■サービス開始日: 2007年6月22日
■URL : http://www.toshimaku-town.com/ad_display/
■利用料 : 1タウン、1業種カテゴリにつき 2,100円 (月額/消費税込)
■対象地域 : 東京都、神奈川県
【お問い合わせ先】
e-まちタウン株式会社
広報部 赤塚
TEL:03-5951-7192
Mail:info@emachi.co.jp