2007'02.10.Sat
Clerity Solutions, Inc. Acquires Sun Microsystems' MTP/MBM Legacy Migration Business Unit
August 18, 2006
Clerity Solutions Strengthens Leadership Position in Legacy Transition Market
CHICAGO, Aug. 18 /Xinhua-PRNewswire/ -- Clerity
Solutions, Inc. (Clerity) is pleased to announce the
acquisition of Sun Microsystems' mainframe rehosting
business. On June 30, 2006, Clerity acquired the
intellectual property assets and hired Sun employees
directly involved in the mainframe rehosting solution
business. This assures support and product continuity for
all current and future Sun rehosting customers worldwide.
Effective immediately, Clerity will directly market and
license the online and batch application execution
environments known as MTP (Mainframe Transaction
Processing) and MBM (Mainframe Batch Manager) software, as
well as 3270 Pathway, mainframe migration tools, and
associated services. Supported platforms include Sun
Solaris, IBM AIX, HP-UX and Linux. Clerity will continue
its collaborative alliance with Sun and will work closely
with their professional services group, sales, and support
teams around the globe. In addition to its existing
partner network, Clerity will establish new relationships
with Sun's partners who are involved in the support of
MTP/MBM.
Clerity understands that different businesses have
different needs. That's why Clerity offers customers a
comprehensive portfolio of Legacy Transition solutions to
help address individual migration needs. Whether customers
are looking to rehost, migrate and/or modernize applications
to meet new business demands, Clerity offers customers the
means by which to reduce costs, protect investments, and
optimize data center functionality.
Sun Microsystems & Clerity Solutions believe that
this arrangement and product transition to Clerity provides
the best path forward for addressing existing and new
MTP/MBM customers' current and future mainframe migration
solution needs.
About Clerity
Clerity is a leading, full-service legacy transition
company headquartered in Chicago, Illinois with offices
worldwide. Clerity has customers in all in major countries
throughout the world, including some of the largest
financial services ISVs and Fortune-class end users.
Clerity's migration team and automated software solutions
have facilitated hundreds of legacy system migrations over
the past 10 years. Clerity can architect, design and
configure solutions; provide the software and hardware
infrastructure, and support the operational aspects of the
migration from start-to-finish. This combination of
services and products makes Clerity unique among
traditional migration vendors.
Additional information about Clerity is available at
http://www.clerity.com or call 1-888-REHOST1 or
630-971-9200 (International).
For more information, please contact:
Cameron Jenkins
Clerity Solutions, Inc.
Tel: +1-630-743-1845
Email: cjenkins@clerity.com
SOURCE Clerity Solutions, Inc.
PR
2007'02.10.Sat
Case IH to Supply Turkmenistan with Tractors, Cotton Pickers
August 18, 2006
LAKE FOREST, Ill., Aug. 18 /Xinhua-PRNewswire/ -- Case
IH, a world leader in the agricultural equipment business,
said Turkmenistan has agreed to buy 220 plowing tractors
and 100 cotton pickers from Case IH. The total order is
valued at US$55 million.
Michael Edmondson, Regional President of CNH's (NYSE:
CNH) Agricultural Equipment Business -- International, said
in a statement: "This is the family of tractors that
has been hugely successful in Turkmenistan, and we are very
honored for the purchases to continue. We value our
relationship in Turkmenistan and support the development of
agriculture here."
Edmondson said he expects the tractors to be shipped
before the end of 2006, while the cotton pickers would be
delivered "well in time for the cotton picking season
next year."
The Case IH MX255 is part of the flagship Case IH
high-horsepower Magnum line. Rated at 215 PTO hp, it will
grow to 242 horsepower under load. Case IH tractors are
designed to increase on-farm productivity and make
operators more efficient. Case IH Cotton Express cotton
pickers harvest from both sides of the plant and provide
the best picking efficiency on the market. The pickers have
the largest basket capacities in their class, maximizing
on-the-row picking time and yielding up to 3 percent more
picking efficiency compared to in-line drum designs.
Case IH is a global leader in agricultural equipment.
With headquarters in the United States, Case IH has a
network of dealers and distributors that operates in over
160 countries. Case IH provides agricultural equipment
systems, flexible financial service offerings and parts and
service support for professional farming operations through
a dedicated network of professional dealers and
distributors. Productivity enhancing products include
tractors; combines and harvesters; hay and forage
equipment; tillage tools; planting and seeding systems;
sprayers and applicators; and site specific farming tools.
For more information on Case IH visit us on the World
Wide Web at http://www.caseih.com .
For more information, please contact:
Thomas Witom
Tel: +1-847-955-3939
SOURCE CNH Global N.V.
2007'02.10.Sat
LGE Selects Texas Instruments OMAP-Vox(TM) Platform for EDGE Market
August 17, 2006
DALLAS, Aug. 17 /Xinhua-PRNewswire/ -- Texas
Instruments Incorporated (NYSE: TXN) (TI) and LG
Electronics (LGE) today announced that LGE has chosen TI's
OMAP-Vox(TM) platform for a new series of EDGE handsets.
Built on TI's leading OMAP(TM) platform, the OMAP-Vox
platform is a family of integrated, high-performance
application and communication processors designed to enable
manufacturers to deliver multimedia applications to the mass
market. The first LGE handsets to leverage TI's OMAP-Vox
platform will be the LG240 for Canada available in August
2006, and the ME240 for South America available in
September 2006. The handsets will incorporate TI's
OMAPV1030 chipset to provide multimedia capabilities
coupled with EDGE functionality.
"LGE is pleased to continue extending its
long-standing relationship with TI to include the growing
EDGE market," said Dr. Skott Ahn, Executive Vice
President, Head of LGE Mobile Handset R&D Center.
"Because of its deep experience with its proven OMAP
platform, TI understands how delivering compelling
multimedia applications to handsets is essential in driving
growth. Providing affordable feature-rich handsets is
essential to LGE as we address consumer demand in the mass
market."
The OMAPV1030 solution delivers advanced capabilities
such as advanced video capture, playback and streaming;
digital still camera features; color LCD; and interactive
2D/3D gaming. The OMAPV1030 processor also leverages TI's
success in applications processing for smartphones to
address the demand for multimedia applications in the
feature phone wireless market.
"Cool multimedia applications once reserved only
for high-end smartphones are now migrating to more
affordable feature phones," said Alain Mutricy, vice
president, cellular systems for Texas Instruments.
"TI's OMAP-Vox platform is enabling manufacturers such
as LGE to deliver this through extensive modem and
applications software re-use. TI's WCDMA solutions
leverage the OMAPV1030, which will save LGE time and
development costs as it migrates from EDGE to WCDMA."
TI's OMAPV1030 processor is one of the industry's most
integrated and optimized EDGE solutions, leveraging TI's
leading modem and OMAP technology and its advanced
high-volume 90nm digital process technology. The solution
is based on the OMAP1710 architecture and runs both
GSM/GPRS/EDGE modem and applications processing on a single
OMAP core, leveraging ARM926TEJ and TI DSP capabilities.
This architecture serves as the foundation for the scalable
OMAP-Vox hardware architecture and is designed to easily
extend from 2.5G to 3G and beyond.
The LGE handsets also incorporate TI's BRF6150
single-chip Bluetooth(R) solution, which enables Bluetooth
headset functionality and wireless synchronization and
downloads of multimedia files. Optimized for mobile
terminals, the BRF6150 chip is a highly integrated
Bluetooth Specification v2.0, certified CMOS solution
forming a complete Bluetooth wireless networking system.
Texas Instruments - Making Wireless
TI is the leading manufacturer of wireless
semiconductors, delivering the heart of today's wireless
technology and building solutions for tomorrow. TI
provides a breadth of silicon and software and 15 years of
wireless systems expertise that spans handsets and base
stations for all communications standards, wireless LAN,
Bluetooth and Ultra Wideband. TI offers custom to turn-key
solutions, including complete chipsets and reference
designs, OMAP(TM) application processors, as well as core
digital signal processor and analog technologies built on
advanced semiconductor processes. Please visit
http://www.ti.com/wirelesspressroom for additional
information.
About Texas Instruments
Texas Instruments Incorporated provides innovative DSP
and analog technologies to meet our customers' real world
signal processing requirements. In addition to
Semiconductor, the company's businesses include Sensors
& Controls, and Educational & Productivity
Solutions. TI is headquartered in Dallas, Texas, and has
manufacturing, design or sales operations in more than 25
countries.
Texas Instruments is traded on the New York Stock
Exchange under the symbol TXN. More information is located
on the World Wide Web at www.ti.com.
About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 06657.KS) is the global
leader and technology innovator in consumer electronics and
mobile communications, employing more than 72,000 people
working in over 120 operations including 80 subsidiaries
around the world. Comprised of four business units: Mobile
Communications, Digital Appliance, Digital Display and
Digital Media with global sales at USD 34.7billion
(consolidated USD 43.4billion) as of 2005, LG Electronics
is the world's leading provider of CDMA handsets,
residential air conditioners, plasma panels, optical
storage products, DVD-players and home theatre system.
LG Electronics Mobile Communications Company is the
world's leading provider of UMTS(WCDMA), CDMA and GSM
handsets, which have been designed to improve the value of
customer life. With a total range of wired and wireless
solutions, the company is rapidly establishing a global
presence and growing its international market share in 3G
handsets. For more information please visit
http://www.lge.com .
Trademarks
OMAP and OMAP-Vox are trademarks of Texas Instruments.
All registered trademarks and other trademarks belong to
their respective owners.
For more information, please contact:
U.S.
Patty Arellano
Tel: +1-214-480-4665
Email: parellano@ti.com
Asia
Tracy Zhou
Tel: +86-10-6513-8056
Email: zhoupeilei@ti.com
SOURCE Texas Instruments
2007'02.10.Sat
Joint Venture Creates Two Membership Hotel Brands in China -- Chinas Best Value Inn and Lexington Collection
August 17, 2006
SHANGHAI, China, Aug. 17 /Xinhua-PRNewswire/ -- In a
joint venture with Vantage Hospitality (USA), Martin Soran,
CEO of Chinas Best Value Inn and Lexington Hotel Company,
Ltd. Shanghai, PRC, will hold the master license to market
and sell these two hotel brands throughout greater China.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20060816/CLW030LOGO-a
)
(Logo:
http://www.newscom.com/cgi-bin/prnh/20060816/CLW030LOGO-b
)
Vantage Hospitality, headquartered in Coral Springs, FL
(USA), is the 12th largest hotel company worldwide. In only
seven years of operation, Vantage's economy to mid-level
hotel brand, Americas Best Value Inn, has grown from two
hotels to over 650 properties throughout North America.
Lodging Hospitality magazine has named the brand The
Fastest Growing Hotel Chain in 2003, 2004, 2005, and 2006;
and awarded the brand The National Chain Leadership Award
in 2003, 2005 and 2006.
Americas Best Value Inn's success is built on the
Freestyle Lodging Membership Model, developed by Vantage's
CEO and founder, Roger Bloss. Considered an
"affordable alternative to franchising," this
membership model offers hotel owners low, flat monthly fees
based on number of rooms; no royalties, short-term
contracts, no liquidated damages, choice of amenities and a
voice and a vote in all major brand decisions. In 2005, the
average overall system Return On Investment was 629
percent.
"Hotel owners worldwide want more ROI and less
interference from franchise headquarters," said Soran.
"As one of the largest hotel companies in the world,
Vantage provides the resources and support necessary to
compete with other international brands, yet allows
individual hotel owners to make their own decisions based
on location and demographics."
Building on the success of Americas Best Value Inn,
Vantage introduced The Lexington Collection in the second
quarter of 2006. Premiering as the only membership brand
for three to four star hotels in the upper-mid to upscale
segment, The Lexington Collection currently has 12 hotels
open or under contract throughout the United States,
including several properties in the hotel-condo segment.
"The timing couldn't be better to introduce Chinas
Best Value Inn and The Lexington Collection," said
Bloss. "With China's attention to superb customer
service and our unique membership model that allows owners
to tailor their individual hotels to the needs of their
guests, Chinas Best Value Inn and The Lexington Collection
will quickly become major competitors in China's
hospitality arena."
For membership information on Chinas Best Value Inn and
The Lexington Collection Co. Ltd., please contact Martin
Soran at 8621-687-50586 or visit
http://www.AmericasBestValueInn.com and
http://www.LexingtonCollection.com .
For more information, please contact:
USA:
Christine Thome,
Tei: +1-888-316-2378
Email: cthome@americasbvi.com
CHINA:
Martin Soran,
Tel: +86-21-687-50586
Email: martinsoran@hotmail.com
SOURCE Chinas Best Value Inn
2007'02.10.Sat
Gate Gourmet Appoints Mark E. Wall as President of Asia/Pacific Division
August 17, 2006
RESTON, Va., Aug. 17 /Xinhua-PRNewswire/ -- Gate
Gourmet, the world's largest independent airline catering
and logistics company, has appointed Mark E. Wall as
President of its Asia/Pacific division and Group Senior
Vice President, effective immediately.
Wall joins the company after 22 years with General
Electric Corp.'s plastics division in various executive
capacities and locations around the world. As president of
the Asia/Pacific Division for Gate Gourmet, he oversees the
operations of nine flight kitchens in seven countries. He
is based in Tokyo, and reports to Guy Dubois, Group
Executive Vice President, Finance and Administration Chief
Administrative Officer.
"Mark's extensive experience in the Asia/Pacific
region will allow him to quickly assume the leadership role
for our operations there," Dubois said. "We
welcome the talent and expertise he brings to Gate Gourmet,
which will be instrumental in our efforts to attract
additional Asia/Pacific customers to our network."
Wall's most recent position was as president of GE
Plastics Japan, where he introduced Lean Manufacturing,
implemented Six Sigma processes and spurred a 30 percent
revenue increase over two years. Before his appointment to
the Tokyo position, he also served as president of GE
Plastics in Shanghai, China, and South America, based in
Sao Paulo, Brazil. Prior positions included various
management capacities in the U.S. and Holland. Wall holds a
bachelor's of science degree in plastics engineering from
Lowell Technological Institute (now the University of
Massachusetts at Lowell).
Founded in 1992, Gate Gourmet is the world's largest
independent airline catering and logistics company. With
approximately 22,000 employees globally, Gate Gourmet
serves its customers from 108 kitchens, in 29 countries,
and provides meals to more than 300 million passengers
annually.
For more information, please contact:
John Bronson
Gate Gourmet
Tel: +1-703-964-2362
Email: jbronson@gategourmet.com
Christina Ulosevich
Gate Gourmet
Tel: +1-703-964-2357
Email: culosevich@gategourmet.com
SOURCE Gate Gourmet
2007'02.10.Sat
Internet Broadcast Corp(TM) Upgrades Site to Offer Users Immediate Access to Searchable World News Broadcasts
August 17, 2006
Newly Named Internet Broadcast Corp(TM) Completes Second Round of Financing to Set Goal to be the Number One Global Internet Video News Source
MONTREAL, Aug. 17 /Xinhua-PRNewswire/ -- The rapidly growing Internet TV News Network, Internet Broadcast Corporation(TM) http://www.ibctoday.com, formerly known as MediaScrape(TM), today released new navigation expanding access to world television news. The company, headquartered in Canada, but with thousands of users in the United States and beyond, also announced a new broadcast partner and a goal to be the number one global Internet video news source. Internet Broadcast Corporation (ibcTODAY) is the first Internet TV News Network to digitize analog TV broadcasts in a format that is 100 percent high quality video, on-demand, translated, interactive, free, searchable and archived. "This name change reflects ibcTODAY's goal to be the leading international Internet TV News Network," says Tyler Cavell, Publisher of ibcTODAY. "The new name explains more clearly what we are, and translates easier to our global users." The site currently has registered users from 91 countries and broadcasts two hours of news clips (one-three minutes each) a day from North America, Asia, the Middle East, Africa and Europe. To achieve the company's goal of providing more information in a user-friendly environment ibcTODAY has employed groundbreaking navigational techniques, including ajax .net components. This technology allows ibcTODAY to retrieve data for the user without refreshing the page, stopping the video or hindering site performance. Another new feature is "one-stop-shop" navigation, which enables users to watch video while browsing the top stories from other regions. "We sought feedback from our large base of users to help us redesign ibcTODAY. With a substantial re-investment in our technology we were able to improve the site's navigation, specifically its video archive search engine, and add to our impressive content library," states Tyler Cavell. Internet Broadcast Corporation recently signed an agreement with the Canadian Broadcasting Corporation (CBC) to broadcast their top national and international stories. The CBC joins ibcTODAY's other leading national and international video news agencies and wholesalers, including Associated Press, Canadian Press and Dogan News Agency. Internet Broadcast Corporation has also signed partnerships with local television broadcasters from Georgia, Turkey, Azerbaijan and Armenia and expects to sign on more than a hundred countries over the next year. Updated every 30 minutes, 24-hours a day, Internet Broadcast Corporation also features message boards, blogs and user submitted content. By offering its Internet video services free of charge to the public ibcTODAY aims to become the number one Internet television news network. Headquartered in Montreal with bureaus in Washington, Armenia, Georgia, Azerbaijan and Turkey, Internet Broadcast Corporation was founded by Tyler N. Cavell, who discovered that there was an information deficit in Internet broadcast news and developed http://www.ibctoday.com . For more information, please contact: Andrea Vandenberg/Nina Budman Budman and Associates Tel: +1-416-515-7667 Email: mail@budmanpr.com U.S. Only Media Contact: Megan Neher Tel: +1-913-599-5539 Email: Megan@mnpr.biz SOURCE Internet Broadcast Corporation
2007'02.10.Sat
Program Leaders Outline Effective Strategies for Fighting HIV/AIDS in Children in Resource-Limited Settings
August 17, 2006
TORONTO, Aug. 17 /Xinhua-PRNewswire/ -- XVI
International AIDS Conference, Toronto, August 13-18, 2006
-- Program leaders from Bristol-Myers Squibb, New York
(NYSE: BMY), and Baylor College of Medicine, Houston, today
outlined innovative medical care, treatment and research and
social support strategies to fight HIV/AIDS among infants
and children in impoverished areas of sub-Saharan Africa.
Efforts include the arrival of 50 Pediatric AIDS Corps
doctors to a network of clinics treating HIV-positive
children in sub-Saharan Africa by next Monday; the opening
of a program to prevent mother-to-child-transmission of HIV
(PMTCT) through a government hospital and 15 feeder clinics
in rural Swaziland next month and the opening of two more
children's clinics in Uganda and Burkina Faso next year.
At a briefing during the XVI International AIDS
Conference, Mark A. Wainberg, O.C., O.Q., PhD., conference
co-chair and director of McGill University AIDS Centre,
Quebec, described challenges in addressing the special
needs of children in the developing world.
"In the last 25 years of the fight against
HIV/AIDS, we have seen many contributions by governments,
corporations and foundations to bring treatment to people
in need. However, as we gather here today, so much more
needs to be done," said Wainberg. "We need
innovative approaches to treat the most vulnerable
populations and also to bring access to treatment to the
world's most resource constrained locations. SECURE THE
FUTURE(R) is a wonderful model of how both of these goals
are attainable."
UNAIDS estimates that 2.3 million children under 15
years of age were living with HIV in 2005. Almost 90% of
the world's children living with HIV are in sub-Saharan
Africa, where fewer than 10% are being reached by basic
support services.
An initiative of Bristol-Myers Squibb and the
Bristol-Myers Squibb Foundation, SECURE THE FUTURE has been
working on the ground in sub-Saharan Africa since 1999 - in
partnership with government Ministries of Health, medical
institutions, NGOs and other organizations - to create
comprehensive approaches to fight HIV/AIDS.
Many programs have been dedicated to creating
sustainable, replicable model programs for children,
including a network of Children's HIV/AIDS Clinical Centers
of Excellence operated by the Baylor International Pediatric
AIDS Initiative; co-funding with Baylor the Pediatric AIDS
Corps to send 250 doctors to Africa over the next five
years to treat an estimated 80,000 children and train local
health care personnel; and operating a Community-Based
Treatment Support center focused on PMTCT.
Additional projects supporting children include
education, psychosocial care and support for orphans and
vulnerable children, training, food security and
income-generating projects for caregivers; and community
mobilizations to reduce stigma and foster testing.
Because of the extreme burden of disease in this region
and a limited ability to pay for HIV medicines,
Bristol-Myers Squibb substantially lowered the price of its
medications to a level that delivers no profit to the
company in 2001. In July 2005 the Company further reduced
the price of pediatric formulations to significantly below
cost to accelerate access to treatment for the millions of
children in sub-Saharan Africa. The company also pledged
that its patents would not stand in the way of inexpensive
HIV/AIDS therapy being made available in sub-Saharan
Africa.
"Innovative strategies will be necessary to scale
up the care and treatment of hundreds of thousands of
HIV-infected children and families across sub-Saharan
Africa. We believe that the Children's Clinical Centers of
Excellence and Pediatric AIDS Corps will transform pediatric
and family HIV/AIDS care in some of the world's hardest hit
countries," said Mark Kline, M.D., president of the
Baylor International Pediatric AIDS Initiative, professor
of pediatrics and chief of Retrovirology, Baylor College of
Medicine. Kline announced that 50 Pediatric AIDS Corps
physicians will arrive in Africa by August 21 to begin
one-year assignments to treat children and train healthcare
professionals. They will be based at children's clinical
centers in Botswana, Lesotho, Malawi, Swaziland, Uganda and
Burkina Faso and serve at the centers and in nearby rural
areas as part of the $32 million SECURE THE FUTURE and
Baylor program to send up to 250 doctors to Africa through
2010.
Funding for construction of the centers in Botswana,
Lesotho and Swaziland was provided through Bristol-Myers
Squibb Foundation grants. Additional pediatric AIDS centers
funded by the initiative will be opened in Burkina Faso and
Uganda next year, and funds have been committed to build
another two centers.
Sebastian Wanless, M.B., Ch.B., PhD., senior medical
director, SECURE THE FUTURE, pointed to a related effort in
Swaziland where a prevalence rate of 33.4% was reported by
UNAIDS in 2005. "We have successfully linked a
community-based treatment support program dedicated to
preventing mother-to-child-transmission of HIV with a
pediatric HIV/AIDS clinical center to provide a coordinated
continuum of care from pre-natal testing, through delivery
to pediatric care."
The program begins at the Pilot Operational Research
and Community-Based Program (PORECO) established by SECURE
THE FUTURE in Mbabane, Swaziland, to provide PMTCT-Plus.
Services include a clinic providing highly active
antiretroviral treatment (HAART) when required, voluntary
counseling and testing, and social services such as home
visits, infant feeding counseling, nutrition and food
security. This program is coordinated at the
Baylor-Bristol-Myers Squibb Children's Clinical Center of
Excellence - Swaziland, which opened in Mbabane in February
2006.
To further extend services aimed at reducing the new
infection rate in infants, 10 Pediatric AIDS Corps
physicians will be based at the clinical center in Mbabane
and begin serving clinics in the area next month, according
to Wanless. The PORECO Project will be replicated beginning
next month at the Piggs Peak Government Hospital in Piggs
Peak, Swaziland, and its 15 associated clinics in the rural
northern Hhohho area.
Bristol-Myers Squibb Company and the Bristol-Myers
Squibb Foundation have committed $150 million to the
initiative which includes medical care and research,
community outreach and education and new infrastructure.
Programs funded include public education aimed at
prevention, training for physicians and other public health
workers, home-based care strategies, interventions to aid
orphans and other vulnerable children, clinical research
and medical care.
Bristol-Myers Squibb is a global pharmaceutical and
related health care products company whose mission is to
extend and enhance human life.
For more information, please contact:
Becky Taylor, Bristol-Myers Squibb
Tel: +1-609-252-4476
Mobile: +1-609-240-5134
Email: rebecca.taylor@bms.com
Lisa Van Dusen, McGill University
Tel: +1-514-884-1587
/NOTE TO EDITORS: To arrange interviews with Dr. Mark
Kline, please contact Lori Williams at Baylor College of
Medicine. She can be reached at:
Mobile: +1-713-775-6912
Tel: +1-713-798-4712
Email: loriw@bcm.tmc.edu /
SOURCE Bristol-Myers Squibb
2007'02.10.Sat
Eurail Group to Manage Inter Rail: All European Rail Pass Travel Brought Together Into One Dedicated Organisation
August 17, 2006
UTRECHT, The Netherlands, Aug. 17 /Xinhua-PRNewswire/
-- The Eurail Group G.I.E. will take on the management of
the Inter Rail pass products from 01 April 2007. This was
decided during the Eurail Full Assembly and Board meetings
held in Stockholm from June 20-21st by the main European
railway carriers.
The proposed full integration of the current Inter Rail
activities within the Eurail organisation was one of the
main items on the agenda. It will create a single, unique,
international Rail pass organisation dedicated to the
Management, Marketing and Development for rail pass
products both inside and outside of Europe.
The integration opens up a whole new spectrum of
opportunities according to Mr. Rene de Groot, Managing
Director of the Eurail Group G.I.E.:
"The Inter Rail and Eurail products perfectly
complement each other," he said. "Both offer
excellent value for money combined with maximum flexibility
to discover the wonders of Europe. While Inter Rail is
primarily aimed at European citizens, Eurail is aimed at
non-Europeans."
"Both are existing and successful products in
their own right who will continue to be branded separately.
This integration will allow Eurail Group G.I.E. to take the
best elements of each product and introduce new passes and
services in the future that will appeal not only to a
larger audience but will also make travelling by train in
Europe even more exciting," de Groot said.
Eurail was founded in 1959 to encourage non-Europeans
to travel by train in Europe and has since become
associated with "value for money" and high
quality 1st and 2nd Class rail passes for both young and
adult travellers.
Inter Rail, in comparison, was created in 1972, at the
anniversary of the International Railway Union, for young
people up to 21 years only for travelling in 2nd class for
one month of unlimited travel in 21 countries in Europe.
Over the years the Inter Rail offer has been extended
with more country options (currently 34 countries including
Turkey and Morocco) and there is no longer an age limit but
the basic concept has not changed: maximum travel days
& countries for the lowest possible price! Not
surprisingly Inter Rail became very popular.
At one stage "Interrailing" was a
"must" with every European youngster who no
longer wanted to travel with mum and dad and wanted to
explore the continent on their own with ultimate freedom
and flexibility. To date more than 6.8 million people have
travelled with Inter Rail and dedicated Inter Rail clubs,
websites and web logs run by enthusiastic travellers keen
to share their unique travel experiences still flourish and
contribute to keeping the strong brand name of Inter Rail
alive.
The EURAIL Group comprises 27 railways and shipping
lines, as well as several bonus partners. For more
information about Eurail and rail travel in Europe, go to
http://www.Eurail.com .
All Eurail products are available from travel agents
and from our authorized sales agents worldwide:
ACP Rail International
Tel: +1-866-9-EURAIL
http://www.eurail-acprail.com
Flight Centre
http://www.flightcentre.com
Gullivers Travel Associates
http://www.gta-travel.com
Rail Europe
http://www.raileurope.com
Rail Europe 4A
http://www.raileurope.fr/wheretobuy
All Inter Rail products are available directly from the
European Railway organizations.
For more information, please contact:
Mrs Ana Dias e Seixas
Marketing Manager
Eurail Group G.I.E.
Tel: +31-30-850-0125
Fax: +31-30-750-8390
Email: a.diaseseixas@eurail.nl
SOURCE Eurail Group G.I.E.
2007'02.10.Sat
Analysys International Says China's IM Accounts Reached 800 Million in Q2 2006
August 16, 2006
BEIJING, China, Aug. 16 /Xinhua-PRNewswire/ -- Analysys
International, a leading Internet based provider of business
information about technology, media and telecom (TMT)
industries in China, says that China's registered IM
(instant messaging) accounts reached 828.6 million by the
end of the second quarter of 2006, increasing 11% quarter
over quarter; active accounts reached 295 million,
increasing 13.78% quarter over quarter.
According to the report "China IM Market Quarterly
Tracker Q2 2006" released by Analysys International,
major IM vendors strengthened market promotions in the
second quarter. Tencent carried out various market
activities frequently and kept its leading position in IM
market. Sina's UC has gradually become an independent
product. Thanks for Sina's good relations with traditional
media and frequent market promotion activities, UC accounts
increased greatly.
http://english.analysys.com.cn/3class/detail.php?advertisement=002&id=236&name=report
Analysys International thinks IM vendors will still
have impact on the market with their rich Internet business
background and market operation experience.
Analysys International says as instant messaging
service needs to integrate other internet applications and
needs to accumulate users in advance, the market can't
accommodate too many service providers. New entrants or
small service providers can hardly survive in the IM
market. Major IM vendors have established IM-based personal
portal strategy. In the coming few years, the entire
situation wouldn't change very much. However, as vendors'
market development is different, the market position rating
would change.
This subject is further discussed in Analysys
International's report "China IM Market Quarterly
Tracker Q2 2006". For more information, please check
the website: http://english.analysys.com.cn .
About Analysys International:
Analysys International is the leading Internet based
provider of business information about Technology, Media
and Telecom industry in China. We provide data, information
and advice to 50,000 clients worldwide representing 1,500
distinct organizations, deliver over 150 consulting
engagements a year, and hold more than 20 events that draw
in over 8,000 attendees. Our clients include executives
from companies as technology vendors, vertical information
technology users, as well as professionals from
professional service companies, the investment community
and government agencies. Our mission is simple and clear:
we help our clients make better business decisions. For
more information, please visit our web site at
http://english.analysys.com.cn .
For more information, please contact:
Jessica Wang
Tel: +86-10-6466-6565 x394
Email: Jessica_wang@analysys.com.cn
SOURCE Analysys International
2007'02.10.Sat
DuPont Titanium Technologies Announces a Price Increase for Ti-Pure(R) Titanium Dioxide Products in Latin America
August 16, 2006
WILMINGTON, Del., Aug. 16 /Xinhua-PRNewswire/ -- DuPont
Titanium Technologies today announced a price increase in
Latin America for all DuPont(TM) Ti-Pure(R) titanium
dioxide grades.
Effective September 1, 2006, or as permitted by
contract, prices for all Ti-Pure(R) titanium dioxide grades
will increase US$150 per tonne in Latin America. This
increase will be effective in Mexico, Central America,
Caribbean, and South America.
This increase is supported by market dynamics and
significant increases in raw material, energy and fuel
costs, as well as reinvestment economics to meet future
customer needs. DuPont Titanium Technologies has announced
other increases in North America, Europe and Asia Pacific.
DuPont Titanium Technologies is the world's largest
manufacturer of titanium dioxide, serving customers
globally in the coatings, paper and plastics industries.
This business unit of DuPont operates plants at DeLisle,
Miss.; New Johnsonville, Tenn.; Edge Moor, Del.; Altamira,
Mexico; and Kuan Yin, Taiwan; all of which use the chloride
manufacturing process. Also operated by this business unit
is a plant in Uberaba, Brazil, for finishing titanium
dioxide and a mine in Starke, Fla. Technical service
centers are located in Uberaba, Brazil; Mexico City,
Mexico; Mechelen, Belgium; Kuan Yin, Taiwan; Ulsan, Korea;
Shanghai, China; and Wilmington, Del., to serve the Latin
American, European, Middle Eastern, Asian and North
American markets.
DuPont (NYSE: DD) is a science company. Founded in
1802, DuPont puts science to work by creating sustainable
solutions essential to a better, safer, healthier life for
people everywhere. Operating in more than 70 countries,
DuPont offers a wide range of innovative products and
services for markets including agriculture, nutrition,
electronics, communications, safety and protection, home
and construction, transportation and apparel.
The DuPont Oval Logo, DuPont(TM), The miracles of
science(TM) and Ti-Pure(R) are registered trademarks or
trademarks of DuPont or its affiliates.
For more information, please contact:
Kimberlie A. Lantz
Tel: +1-302-999-2361
Email: kimberlie.a.lantz@usa.dupont.com
SOURCE DuPont Titanium Technologies
2007'02.10.Sat
TCOM Announces Nine Months Operating Statistics for the Period Ended June 30, 2006
August 16, 2006
HONG KONG, Aug. 16 /Xinhua-PRNewswire/ -- Telecom
Communications, Inc. (OTC Bulletin Board: TCOM) the Total
Solutions Provider, announced operating statistics for nine
months ended June 30, 2006.
Revenues increased $4,578,475 or 73% due primarily to:
Revenues recorded at $10,879,607 for the nine month period
ended June 30, 2006 compared to $6,301,132 for the same
period ended June 30, 2005. Revenues for the period ended
June 30, 2006 were generated from the fixed monthly income
by providing clients our products, namely Total Solutions,
SEO4Mobile and IBS V4.1.
Net income was up 208% to $4,564,371 for the nine-month
period ended June 30, 2006 compared to $1,481,883 for same
period ended June 30 of 2005.
"Our nine-month period ended June 30,2006 results
include strong performance in total solutions product lines
and IBS v4.1 SMEs sales," said Tim Chen, CEO of TCOM.
"We are encouraged by the fact that IBS v4.1 sales
continue to build momentum and generate increased interest
from SMEs Internet businesses business. Cash used during
the quarter includes our new investment in our online
college software system developments called IBS EDU v5.0 as
e-learning, and entertainment content service
offerings."
TCOM will report its 3rd quarter 2006 financial results
within five business days.
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. ( http://www.subaye.com ), IC Star MMS, Ltd.
( http://www.icstarmms.com ) and 3G Dynasty Inc. (
http://www.skyestar.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. Sandy Tang
Telecom Communications, Inc.
Tel: +852-782-0983
Email: pr@tcom8266.com
SOURCE Telecom Communications, Inc.
2007'02.10.Sat
Comerica Bank Opens Representative Office in Shanghai
August 15, 2006
Office Will Help Connect U.S. Businesses with Chinese Banks, Law Firms, and Manufacturers
DETROIT, Aug. 15 /Xinhua-PRNewswire/ -- Comerica Bank
announced today it has opened a representative office in
Shanghai, China, to provide networking services for its
U.S. customers seeking to expand or explore business
opportunities in China.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
"China is the fastest-growing importer and
exporter for the U.S., and Chinese-owned businesses
represent an increasingly significant part of our Western
Market," said Tom Ogden, executive vice president for
Global Corporate Banking. "The Shanghai location is
especially advantageous to Comerica because it is a center
of manufacturing activity for many U.S.-affiliated
companies. By having an office in this key business center,
Comerica can provide our customers with introductions to
professionals and business partners, help with 'red tape,'
educate customers on local business practices and help our
domestic colleagues understand the China side of their
relationship."
Ogden said the Shanghai office also provides an
important link for Chinese businesses seeking to expand in
the U.S.
"Our representative in Shanghai, Helen Huang, will
be expanding our current networking resources in China with
banks, law firms, and accountants, as well as contact
points in the different industries operating there,"
said J. Michael Fulton, president and CEO of Comerica
Bank's Western Market. "She will demonstrate to U.S.
businesses that Comerica is one of the few commercial banks
that can add value to their present or future needs in
China."
Asian Enterprise magazine this year named Comerica Bank
one of its "Top 20 Companies for Asian Pacific
Americans."
Huang, a U.S. citizen who is a native of Shanghai,
speaks and writes Mandarin fluently, speaks the Shanghai
dialect, and understands Cantonese and several regional
dialects. She is a bank vice president who formerly was
with Comerica's Technology & Life Sciences in San Jose,
Calif.
About the Comerica Bank Representative Office in
Shanghai:
The address of the new office is: Comerica Bank
Shanghai Representative Office, 211 Century Avenue, Suite
3002, Pudong, Shanghai 200120. The phone number is
86-21-5882-6980. To contact the office, email:
helen_huang@comerica.com .
About Comerica Bank:
Comerica Bank is a subsidiary of Comerica Incorporated
(NYSE: CMA), a financial services company headquartered in
Detroit and strategically aligned into three major business
segments: the Business Bank, the Retail Bank, and Wealth
& Institutional Management. Comerica focuses on
relationships, and helping businesses and people to be
successful. Comerica Bank locations can be found in
Michigan, California, Texas, Florida and Arizona, with
select businesses operating in several other states, and
Canada and Mexico. Comerica reported total assets of $57.1
billion at June 30, 2006. To receive e-mail alerts of
breaking Comerica news, go to
http://www.comerica.com/newsalerts .
For more infomation, please contact:
Barry Holtzclaw
Tel: +1-408-556-5111 or +1-408-315-6554
SOURCE Comerica Bank
2007'02.10.Sat
Pioneering the Launch in Europe -- YESMED Facilitated SmartPill's Medical Advisory Board
August 15, 2006
HAMBURG, Germany, Aug. 15 /Xinhua-PRNewswire/ -- The
US-based SmartPill Corporation has announced the successful
formation of its European Product Advisory Board. "The
members of SmartPill's European Product Advisory Board
bring a wealth of knowledge and experience that will be
vital as we prepare to enter the European market,"
said David Barthel, President and CEO of SmartPill Corp.
"We are fortunate to have such an esteemed and
unmatched board advising us in our current target
indications. The support by Dr. Orm Proske from YESMED in
Germany and across major European markets was instrumental
for this achievement and a valuable contribution to our
launch plan in Europe."
About SmartPill
The SmartPill Corporation is a leading developer of
capsule-based medical devices based in Buffalo, N.Y. The
SmartPill pH.p Capsule is a wireless, ingestible medical
device -- about the size of a large vitamin pill -- that
measures pressure and pH, gastric emptying time, combined
small and large bowel transit time, and total transit time.
The Capsule travels through the gastrointestinal (GI) tract,
collecting and transmitting data to the SmartPill Data
Receiver. The receiver, slightly larger than a cell phone,
is worn on a patient's belt or around the neck on a
lanyard. In July 2006, this new technology has received FDA
approval in the United States.
SmartPill Corporation
847 Main St.
Buffalo, New York 14203 USA
http://www.smartpillcorp.com
About YESMED
YESMED is a specialized European consultancy based in
Hamburg, Germany, headed by Orm Proske, MD, and engaged in
clinical intelligence, indication development, and medical
education. YESMED provides consulting and project
management services to international companies who are
intending to launch and grow their emerging medical
innovations in Europe.
YESMED GmbH
Dr. Orm Proske
Ruetersbarg 46
22529 Hamburg
Germany
For more information, please contact:
YESMED GmbH
Dr. Orm Proske
Tel: +49-40-4719-4533
Email: info@yesmed.com
Web: http://www.yesmed.com
SOURCE YESMED GmbH
2007'02.10.Sat
Two Beauty Icons Reunite as Maybelline New York Reintroduces Fashion and Beauty Icon Christy Turlington to Its Spokesperson Lineup
August 14, 2006
-- One of the Original Supermodels Rejoins Maybelline New York as the Brand's Newest Face
NEW YORK, Aug. 14 /Xinhua-PRNewswire/ -- Maybelline New
York proudly announces that beauty icon Christy Turlington
has returned to the company as a spokesperson. As a face
for Maybelline New York, Turlington will target 35+
consumers beginning with a new TV advertising campaign
debuting August 21st. Print will debut in September issues
of fashion, beauty and lifestyle publications.
(Photo:
http://www.newscom.com/cgi-bin/prnh/20060814/NYM021-a
http://www.newscom.com/cgi-bin/prnh/20060814/NYM021-b )
Christy first exploded onto the scene in the early
1990's as an internationally recognized model gracing the
covers of top magazines and runways around the world and as
the face for Maybelline. In the years that followed,
Christy kept busy working as a smoking-prevention activist,
entrepreneur, author, mother of two, and now again, a
spokesperson for Maybelline New York.
"Christy is a perfect match for Maybelline New
York -- she is a natural beauty and exudes
confidence," says Cheryl Vitali, Senior Vice
President, Marketing, Maybelline New York -- Garnier.
"We are thrilled to have Christy rejoin the Maybelline
New York family. She is a true representation of beauty at
every stage in one's life. Christy was the lead
spokesperson that helped the brand launch its 'Maybe She's
Born With It, Maybe It's Maybelline' tagline in the early
'90's and she will again be an important spokesperson for
the brand today."
Christy added, "Maybelline is and always has been
a brand that cares about the needs of women. I am thrilled
to be a part of their campaign once again and honored to
return as Maybelline New York's spokeswoman. It is
definitely exciting to return with a whole new variety of
life experiences that I can share with a new audience of
women."
ABOUT CHRISTY TURLINGTON
Born and raised in Northern California, Christy
Turlington has successfully created a diverse and
multi-talented career as an entrepreneur, role model and
spokesperson in the cosmetic, fashion, business and
activist spheres. She has graced every magazine cover from
Vogue to Time, and is an advocate for smoking cessation,
women's health research and empowerment for young women.
After leaving the runway in 1994, Christy completed her
undergraduate education at New York University with a major
in comparative religion and philosophy. She then shifted her
focus to achieving certain personal and entrepreneurial
aspirations. After graduating, Turlington decided to merge
her avid interest in yoga and eastern practices with her
extensive experience in the fashion and beauty industries
by creating the Nuala and Mahanuala apparel and accessory
brands and by writing her best selling book LIVING WITH
YOGA (Hyperion).
ABOUT MAYBELLINE NEW YORK
Maybelline New York is available in over 90 countries
worldwide. Offering more than 200 products, Maybelline New
York combines technologically advanced formulations with
on-trend expertise to create accessible cosmetics with a
spirited style. For more information, visit
http://www.maybelline.com now also available in Spanish.
For more information, please contact:
Sara Younger
Maybelline New York
Tel: +1-646-658-5418
Email: syounger@maybelline.com
Tara Madden
Bratskeir|Seidman
Tel: +1-212-679-2233
Email: tmadden@bratskeir.com
SOURCE Maybelline New York
2007'02.10.Sat
Asiana Airlines Selects Goodrich for Landing Gear Maintenance
August 14, 2006
CHARLOTTE, N.C., Aug. 14 /Xinhua-PRNewswire/ --
Goodrich Corporation (NYSE: GR) has been selected by Asiana
Airlines to overhaul the landing gear on its fleet of B737,
B767, B747 and B777 aircraft. The contract is expected to
generate up to $4 million in revenue for Goodrich over the
next five years.
According to Bob Corbeil, Goodrich's Director of
Business Development/Landing Gear Services, "The award
of this landing gear maintenance program builds upon our
strong, long-standing relationship with Asiana Airlines. It
demonstrates Asiana's continued confidence and satisfaction
with the services we've been providing for their B737, B767
and B747 fleets. We're honored to again be part of the team
that assists Asiana Airlines to grow and succeed."
Goodrich is the original equipment manufacturer of the
main and nose landing gear on the B737, B767, B747 and B777
aircraft. It also supplies many systems found from nose to
tail on all these aircraft, ranging from wheels and brakes
to sensors to nacelles.
Goodrich Corporation, a Fortune 500 company, is a
global supplier of systems and services to aerospace,
defense and homeland security markets. With one of the most
strategically diversified portfolios of products in the
industry, Goodrich serves a global customer base with
significant worldwide manufacturing and service facilities.
For more information visit http://www.goodrich.com .
For more information, please contact:
Gail Warner
Goodrich Corporation
Tel: +1-704-423-7048
Lisa Bottle
Goodrich Corporation
Tel: +1-704-423-7060
SOURCE Goodrich Corporation; GR - Airframe Systems
2007'02.10.Sat
Lighthouse Provides Integrated LED Display for Dongfeng Nissan
August 14, 2006
Nissan Chooses Lighthouse Technologies as Supplier of Choice for its Guangzhou Showroom
HONG KONG, Aug. 4 /Xinhua-PRNewswire/ -- Lighthouse
Technologies, a leading provider of large-scale LED video
systems, announced today that it has successfully installed
a P6 6mm integrated video display at the showroom of
Dongfeng Nissan Passenger Vehicle Company in Guangzhou,
China.
According to Takehiko Kikuchi, Deputy General Manager
for the Marketing Department of Dongfeng Nissan Passenger
Vehicle Company, the installation of the new display,
measuring 4.48 metre wide x 2.4 metre high, followed the
successful hosting of a press conference during which the
Lighthouse screen was used to help showcase the launch of
the company's new research and development centre.
"The quality of the images was so impressive that
we decided to install the screen in our customer showroom
permanently," says Mr. Kikuchi. "Subsequently, we
have received nothing but favorable comments regarding the
screen, including remarks about its brightness level,
clarity and life-like image reproduction. We are
particularly pleased with the P6 screen which is able to
reproduce the exact colour of our cars."
Today, Mr. Kikuchi notes that the Lighthouse P6 LED
video display is positioned centrally in the Huadu
headquarter's showroom where it is being used to screen
promotional videos, and to educate and inform customers on
the latest vehicle models as they pass by or browse through
the showroom.
Aside from the engineering quality of the P6's
state-of-the-art technology, Mr. Kikuchi also attributes
the success of the deployment to Lighthouse's professional
service and high level of customer support.
"What we found particularly impressive about
working with Lighthouse," he comments, "Is that
they were able to install, test and commission the P6
screen within just ten days.
"As a result, it has been a joy working with the
entire Lighthouse team and we thank them for their
exceptional service and dedication," concludes Mr.
Kikuchi. "In future, we would therefore not hesitate
to work with Lighthouse again."
About Lighthouse Technologies
Lighthouse Technologies Limited is a leading LED
technology developer, manufacturer and global supplier of
state-of-the-art LED modular video panels, which can be
assembled into large scale video screens for indoor and
outdoor use. Specializing in the research and manufacture
of LED video screens, Lighthouse has its own intellectual
properties with more than 10 active patents worldwide and
is committed to remain as the premier creator of
intellectual property value.
The company's LED components, panels and complete video
systems undergo stringent quality control with power-on,
burn-in processes at ISO 14001 and ISO 9001-certified
manufacturing plants. Its products have won several
international awards, among them, the IBC Exhibition Design
Award 2005, the Best-In-Show Award at InfoComm 2005, the
Best New Product Award at the National Association of
Broadcasters 2002 (NAB) show and the Good Buzz award at
InfoComm 2004. Lighthouse also received the Technological
Achievement Certificate of Merit in the 2003 Hong Kong
Awards for Industry as well as the Consumer Product Design
Award and the HKITCC Certificate of Merit in Technological
Achievement in the 1999 Hong Kong Awards for Industry.
Lighthouse was also recognized as one of the Fastest
Growing Technology Companies in the 2002 Deloitte
Technology Fast 250.
Lighthouse operates worldwide, through sales offices
and technical support teams in the United States, Canada,
South America, the United Kingdom, Continental Europe,
Africa, the Middle East and Asia Pacific. For more
information, please visit http://www.lighthouse-tech.com .
For more information, please contact:
Lighthouse Technologies Limited,
Suites 531-537,
Building 2,1 Science Park Avenue West,
Hong Kong Science Park,
Shatin,
New Territories,
Hong Kong
Tel: +852-2192-1688
Fax: +852-2423-1092
Ms. Kit Liang
Email: kliang@lighthouse-tech.com
Ms. Pearly Ang
Email: pang@lighthouse-tech.com
SOURCE Lighthouse Technologies Limited
2007'02.10.Sat
Xinhua Finance Reports Record Revenue and Strong Profits in First Half 2006
August 14, 2006
EPS Grows to US$5.63 from US$3.26
SHANGHAI, Aug. 14 /Xinhua-PRNewswire/ -- Xinhua Finance
(TSE Mothers: 9399 and OTC: XHFNY), China's unchallenged
leader in financial information and media, today announced,
under International Financial Reporting Standards
("IFRS"), revenue of US$75.0 million, EBITDA of
US$11.3 million and net income of US$4.9 million for the
first half of 2006, representing 61.4%, 78.1% and 134.7%
increase respectively over the same period last year. Fully
diluted earnings-per-share (EPS) reached US$5.63, up from
US$3.26 for the first half of 2005.
Under IFRS, proforma results, adjusted to exclude
non-cash ESOP expense and one-time items, were EBITDA of
US$13.1 million and net income of US$8.0 million, exceeding
forecast of US$11.5 million and US$6.4 million respectively.
The non-cash ESOP expense and one-time items are items that
were unforeseen when preparing the Company's forecasts. The
Company believes these proforma results may be helpful for
understanding underlying operating and financial trends.
Proforma IFRS adjusted EBITDA and net income margins of 18%
and 11% were greater than expected 15% and 9% respectively
due to strong growth across all business lines.
Xinhua Finance CEO Fredy Bush commented, "Our four
core service lines are growing across the board as we
continue to bridge China's financial markets and the world.
We are pleased with our results, as we continue our trend
of strong profitable growth supported by contributions from
our existing businesses and new opportunities created by
strategic acquisitions. Moreover, the rising EPS shows
that we are making accretive M&A activities and
business transactions that are increasing shareholder
values."
"Building upon our already solid business
platform, we are as promised advancing in the media
distribution business in China. We are now able to move our
proprietary content across various media platforms, leverage
our solid client base and increase the visibility of our
brand name. We plan to expand our reach beyond our current
customer base of leading financial institutions and
corporations to "high net worth" individuals, and
capitalize on the advertising opportunities that arise from
being a major provider of content that appeals to this
demographic. Our natural progression into media
distribution is expected to have a positive impact on our
financial performance over the long-term by offering new
opportunities to extract value from existing assets,"
Bush added.
Xinhua Finance has made great strides in advancing its
media distribution strategy by bringing production
consulting, advertising and market research capabilities to
the Group. The addition of Beijing Century Media's
production consulting expertise enables Xinhua Finance to
leverage its proprietary financial information products
across TV and radio platforms. Complementing its
production consulting capability, the advertising group
Xinhua Finance Advertising (formerly named Ming Shing)
allows Xinhua Finance to derive new advertising revenue
from its solid client base of institutional clients.
Shanghai Hyperlink Market Research, one of China's top
market research companies, provides relevant market
statistics to increase the effectiveness of clients'
advertising strategies and to determine the best way to
repackage and leverage Xinhua Finance's content across
various channels.
In addition, Xinhua Finance has partnered with print
media outlets, including the Economic Observer newspaper,
China Daily, Shanghai Securities News, Beijing Review
magazine and Money Journal magazine, to further distribute
Xinhua Finance content in those publications and through
joint financial seminars.
First Half 2006 vs. First Half 2005 - unit: USD mil.
1H 2006 1H
2005 Variance
Revenue 75.0
46.5 61.4 %
EBITDA 11.3
6.3 78.1 %
Net Income 4.9
2.1 134.7 %
First Half 2006 Proforma* vs. First Half 2006 forecast
- unit: USD mil.
Proforma* 1H 2006 Forecast
1H 2006 Variance
Revenue 75.0
74.7 0.4 %
EBITDA 13.1
11.5 14.2 %
Net Income 8.0
6.4 25.4 %
*Excludes non-cash ESOP expense and one-time items,
which together resulted in an upward adjustment of US$3.2
mn under IFRS. The non-cash ESOP expense and one-time
items are items that were unforeseen when preparing the
Company's forecasts. The Company believes these proforma
results may be helpful for understanding underlying
operating and financial trends.
Full Year 2006 Forecast - unit: USD mil.
For 6-months
Full Year
Revenue 74.7
166.0
EBITDA 11.5
25.6
Net Income 6.4
13.8
First Half 2006 Results (JGAAP) - unit: USD mil.
1H 2006 1H
2005 Change
Revenue 75.0
46.5 61.4 %
EBITDA 11.1
6.2 78.2 %
Net Income 2.0
-1.4 --
About Xinhua Finance Limited
Xinhua Finance Limited is China's unchallenged leader
in financial information and media, and is listed on the
Mothers board of the Tokyo Stock Exchange (symbol: 9399)
(OTC ADRs: XHFNY). Bridging China's financial markets and
the world, Xinhua Finance serves financial institutions,
corporations and re-distributors through four focused and
complementary service lines: Indices, Ratings, Financial
News and Investor Relations. Founded in November 1999, the
Company is headquartered in Shanghai with 20 news bureaus
and offices in 19 locations across Asia, Australia, North
America and Europe.
For more information, please visit
http://www.xinhuafinance.com .
For more information, please contact:
Hong Kong/Shanghai
Ms. Joy Tsang
Xinhua Finance
Tel: +852-3196-3983
+852-9486-4364
+86-21-6113-5999
Email: joy.tsang@xinhuafinance.com
Japan
Mr. Sun Jiong
Tel: +81-3-3221-9500
Email: jsun@xinhuafinance.com
Taylor Rafferty (Media/IR Contact)
Japan
Mr. James Hawrylak
Tel: +81-3-5733-2621
Email: James.hawrylak@taylor-rafferty.com
United States
Ms. Ishviene Arora
Tel: +1-212-889-4350
Email: ishviene.arora@taylor-rafferty.com
Europe
Mr. John Dudzinsky
Tel: +44-20-7614-2900
Email: John.Dudzinsky@taylor-rafferty.co.uk
SOURCE Xinhua Finance Limited
2007'02.10.Sat
China.com Reports Robust Growth in Revenue and Net Profit for the Second Quarter of 2006
August 14, 2006
Online Game Yulgang Continues Its Outstanding Performance with Quarterly Revenue Growth of 52% And Registered Users Exceeding 30 Million
Financial and operational highlights for the three
months ended 30 June, 2006:
-- Total revenue was HK$150 million, up 72%
year-on-year
-- Gross profit was HK$91 million, up 103%
year-on-year
-- Profit attributable to equity shareholders was
HK$17.8 million, up
772% year-on-year. 25th consecutive quarter of
profitability.
-- Continued to be operating cashflow positive, balance
sheet position
remains strong, with over HK$954 million in net cash
and cash
equivalents
-- Yulgang surpassed 348,000 peak concurrent users and
30 million
registered users. The online games business unit
contributed HK$61
million in revenues.
HONG KONG and BEIJING, Aug. 14 /Xinhua-PRNewswire/ --
China.com Inc. ("China.com"; Hong Kong Stock
Code: 8006), an online game, Mobile Value Added Services
("MVAS") and Internet services provider operating
principally in China, and a 77%-owned subsidiary of CDC
Corporation (Nasdaq: CHINA), today announced its financial
results for the three months ended 30 June, 2006. During
the period, the Company recorded total revenue of HK$150
million, representing an increase of 72% over the same
period last year, while gross profit was HK$91 million, up
103%. Profit attributable to equity shareholders was
HK$17.8 million, up 772% from Q2 2005. This is the 25th
consecutive quarter since the Company's initial public
offering in March of 2000 that the Company has shown a
profit attributable to equity shareholders. Balance sheet
position remained strong with net cash and interest-bearing
securities at over HK$954 million as of 30 June 2006.
Dr. Raymond Ch'ien, Chairman of the Board, China.com
said, "I am pleased with the substantial progress made
by the company's operations during the second quarter of
2006. We achieved new milestones across all key business
units, especially CDC Games whose outstanding performance
consistently exceeded our expectations. We appreciate that
challenges lie ahead with the recent and imminent regulatory
changes in the MVAS and online games sectors and we are
committed to work even harder to offset any short term
effects on performance and to continue our success in the
vast and growing markets of China."
CDC Games
CDC Games became the 100% owner of 17game, the operator
of Yulgang, at the end of Q1 2006 and began full
consolidation of 17game's revenue in the second quarter.
The online games business continued to deliver robust
results with games revenues increasing by 52% to HK$61
million in Q2 2006.
CDC Games is one of the market leaders of online and
mobile games in China as demonstrated by its strong growth
momentum and financial performance. During the quarter,
Yulgang, one of its latest online games, continued to
deliver outstanding performance with registered users
exceeding 30 million, up 36% from the previous quarter and
the average concurrent players for Yulgang surpassing
242,000, up 34% from Q1.
CDC Games has delivered solid quarter-over-quarter
improvements in several important operational metrics. In
addition, CDC Games is exploring opportunities for
additional revenue sources and has recently started to
partner with the sales force of the China.com Portal to
sell ads on the games portal.
Leveraging the momentum and enormous customer base
generated by Yulgang, the Company plans to build a broader
portfolio of games and to selectively acquire synergistic
and earnings accretive gaming companies in China.
Following the success of Yulgang, CDC Games has licensed
two additional online games with a "free-to-play"
business model. Negotiations for another game are ongoing
which the Company hopes to complete by the end of Q3 2006.
The Company plans to grow organically by taking
advantage of its extensive national coverage, dynamic user
profile and strong registered user base while making
selected acquisitions using its strong cash position. The
Company will also continue to evaluate various potential
means to unlock shareholders' value which may include a
potential spin-off or carve-out of CDC Games.
China.com Portal
In Q2, the Company continues to strengthen China.com
portal's position as one of the preferred websites for
Chinese professionals by enhancing content in the
lifestyle, career, entertainment, technology and health
channels. In May, the portal launched China's first online
comic news show, "The Straight Show", which has
been very popular among Chinese Internet users. This
program is also positioned to be a platform for interactive
online video and delivering mobile video content.
In addition, the portal entered into a number of
strategic partnerships with leading global companies such
as Google and Amazon to further enhance its search
capabilities, content and services during the quarter.
These partnerships have also assisted the portal in
monetizing its fast growing pageviews.
During the quarter, the portal continued to explore
opportunities for synergy and cooperation with its sister
companies in the CDC family. This included partnering with
CDC Software to offer Software as a Service
("SaaS") products through its robust nationwide
network and leveraging its broad advertising sales force to
sell advertisements for CDC Games' portal.
"While we are encouraged by the continuing success
of our existing operations, we are excited at the prospects
for tremendous growth for our new products and services
such as "The Straight Show" and SaaS," said
Dr. Chen Xiaowei, Chief Financial Officer of China.com.
CDC Mobile
During the quarter, the mobile services and
applications business continued to attain healthy growth
and a more balanced revenue mix. Total revenue increased
6% quarter on quarter fueled by the growth of 2.5G
services. The Company's wireless application protocol
("WAP") and multimedia messaging services
("MMS") both recorded 27% quarter on quarter
revenue gains.
Executive Appointments
On 3 August, Mr. Yip Hak Yung, Peter was re-designated
as an executive director and appointed as acting chief
executive officer of China.com Inc. Mr. Yip was a founder
of the Company and also serves as the chief executive
officer of CDC Corporation, the 77% majority shareholder of
the Company.
In addition, Dr. Chen Xiaowei has been appointed as an
executive director, compliance officer and authorized
representative of the Company in addition to her current
role as Chief Financial Officer of the Company.
Notes to the Editors:
This press release should be read in conjunction with
the announcement posted on the website of the Growth
Enterprise Market of The Stock Exchange of Hong Kong
Limited.
About China.com Inc.
China.com Inc. (stock code: 8006; website:
http://www.inc.china.com ), a leading online game, Mobile
Value Added Services (MVAS), and Internet services company
operating principally in China, and a 77%-owned subsidiary
of CDC Corporation (formerly chinadotcom corporation)
(Nasdaq: CHINA; website: http://www.cdccorporation.net ),
was listed on the GEM of the Stock Exchange of Hong Kong
Limited on March 9, 2000. In December 2000, China.com Inc.
was admitted as a constituent stock of the Hang Seng IT and
IT Portfolio Indices.
Safe Harbor Statement
There is no assurance that the current growth of
China.com Inc.'s business can be maintained. The
statements in this news release, other than historical
financial information, may contain forward-looking
statements that involve risks and uncertainties that could
cause actual results to differ from anticipated results.
For more information, please contact:
Jenny Hu
China.com Inc.
Tel: +86-10-85184499 x662
Fax: +86-10-8518-7189
Email: huying@np.china.com
SOURCE China.com Inc.
2007'02.10.Sat
BP to Maintain Production from Western Prudhoe Bay
August 14, 2006
ANCHORAGE, Alaska, Aug. 14 /Xinhua-PRNewswire/ -- BP
Exploration Alaska, Inc. today announced that it will
continue production of oil from the western side of the
Prudhoe Bay oil field. Current production is 150,000
barrels per day, including natural gas liquids, and is
expected to increase to 200,000 barrels per day as
Gathering Center 1 ramps up to full production after
completion of a planned maintenance shutdown.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20000724/NYM120LOGO )
BP will complete the installation of 16 miles of new
oil transit line at Prudhoe Bay by early next year. The
company continues to evaluate interim options for restoring
production from the eastern side of the field, subject to
the approval of the U.S. Department of Transportation,
Pipeline and Hazardous Materials Safety Administration.
The decision to continue production from the western
half of the field was taken after close consultation with
federal and state regulatory agencies, review of more than
1400 ultrasonic inspections conducted on a key five-mile
section of pipeline and a decision to begin round-the-clock
visual and infrared surveillance of the line.
"Over the last five days we have doubled spot
inspections over a key five-mile segment of the oil transit
pipeline serving the western side of the field," said
BP America Chairman and President Bob Malone. "The
results have been encouraging and have increased our
confidence in the operational integrity of this pipeline.
With greatly enhanced surveillance and response capability,
I am confident we can continue to safely operate the
line."
BP will continue ultrasonic inspection of the western
transit line and plans to complete additional inspections
in coming weeks. The company will evaluate test results on
a daily basis to determine if repairs are required or if
continued operation of the line is appropriate. BP plans
to run maintenance and smart pigs through the pipeline
before the end of November after installing a pig launcher
at Gathering Center 1.
The surveillance effort will include daily over-flights
using forward looking infrared cameras, as well as the use
of hand-held infrared cameras on the ground. The cameras
are capable of detecting small leaks by sensing changes in
pipeline surface temperatures.
Two vehicles equipped with spill response equipment and
carrying observers with infra-red leak detection equipment
will patrol the line 24 hours a day. They will be teamed
with pipeline walkers who will visually inspect the line 10
times a day.
"We will ensure that our inspection and
surveillance programs meet or exceed the requirements of
the amended corrective action order issued August 10 by the
Department of Transportation," said BP Exploration
Alaska President Steve Marshall. "State and federal
agency personnel have played an important role in reviewing
and testing our plans. I want to thank them for giving this
effort their complete and undivided attention.
"I also want to thank the hundreds of men and
women who have been inspecting pipe, studying the data,
developing plans for enhanced surveillance of the pipeline,
evaluating options and doing it all safely," Marshall
said.
For more information, please contact:
Ronnie Chappell
BP Press Office, Anchorage
Tel: +1-281-236-3529 / +1-907-564-4546
Web: http://www.bp.com
Scott Dean
BP Press Office, Anchorage
Tel: +1-907-564-4723 / +1-630-640-4231
Web: http://www.bp.com
SOURCE BP America
2007'02.09.Fri
Clinical Results Show Integrating Medical Care With Community Supports Is Key to Successful Outcomes for HIV Patients in Resource-Limited Settings
August 14, 2006
TORONTO, Aug. 14 /Xinhua-PRNewswire/ -- Twelve-month
interim clinical data from a study in four sub-Saharan
African countries show that HIV-positive patients who
receive integrated medical care and broad-based community
programs achieve and sustain good clinical outcomes.
Researchers from SECURE THE FUTURE(R), an initiative of
Bristol-Myers Squibb and the Bristol-Myers Squibb
Foundation to address HIV in Africa, including scaling up
HIV/AIDS care and support in resource limited settings,
presented the data today at the XVI International AIDS
Conference.
"These data show not only that antiretrovirals
(ARVs) can work even in remote, poverty stricken areas
where healthcare and other resources are limited, but also
that integrated social supports such as nutrition,
psychosocial care, income generation and home-based care
play a key role in achieving and sustaining good clinical
outcomes," said Sebastian Wanless, M.D., senior
medical director of SECURE THE FUTURE. "The care model
that we have implemented and are evaluating with our
partners moves beyond a disease focused approach to also
address social determinants of health that can limit the
therapeutic benefit of HIV medicines."
"This project is also going the extra step in
conducting an independent evaluation of the community
services in order to truly understand and describe their
value to patients and their impact on achieving and
sustaining outcomes," said Walter Obiero, senior
technical officer, Evaluation and Research Division of
Family Health International.
An intent-to-treat analysis from the first 992 patients
on ARV therapy at SECURE THE FUTURE's Community-Based
Treatment Support sites in South Africa, Namibia, Botswana
and Lesotho -- that is, an analysis of every patient in the
study who received any ARV treatment, and the gold standard
for clinical trial analysis -- showed an overall efficacy
of 64%, where efficacy is defined as a sustainable,
greater-than-50 increase in CD4 count. The results also
showed an increase in CD4 count to a median of 270 from a
median of 105 before treatment was initiated. Viral load
was undetectable in 92% of the 296 patients for whom viral
load was tested, and adherence to medication was greater
than 95% in 84% of the 522 patients for whom adherence was
measured. Other successes are in the levels of HIV
education and testing -- including a 10-fold increase in
the number of clients receiving voluntary testing and
counseling since the program's inception -- and in
community mobilization to fight the disease and overcome
its associated stigma.
Preliminary data from the independent evaluation of the
community services provided to 587 patients on ARVs showed
that those who report that they are satisfied with the
community services they receive have a better quality of
life, lower perceived stigma, faster rate of increase and
higher levels of CD4 cells than patients who are not
satisfied. The findings were similar with respect to the
level of satisfaction with family support offered at the
four centers evaluated.
Specifically, a cohort of patients satisfied with
community services reached a median CD4 T-cell level of 251
at six months vs. a median level of 216 for a cohort of
patients who also received these services but reported that
they were not satisfied with them. Those satisfied with
family support reached a median of 232 at six months vs. a
median of 198 for a like cohort of those not satisfied. It
is generally held that a CD4 count of 200 or less is
associated with a higher rate of opportunistic infections
and other serious complications of HIV.
This research on the efficacy and feasibility of ARV
treatment and on the comprehensive model of care in
resource-limited settings is part of a SECURE THE FUTURE
program with local governmental and NGO partners to scale
up comprehensive HIV/AIDS care in Africa. To date more
than 13,400 patients have enrolled in the treatment centers
and programs in KwaZulu Natal, South Africa; Maseru,
Lesotho; Mbabane, Swaziland; Bobirwa Sub-District,
Botswana; Caprivi Region, Namibia, and Koulikoro District,
Mali. More than 5,700 patients are on ARV therapy and more
than 7,700 are receiving services other than ARVs.
Community support services available at the
Community-Based Treatment Support Centers include community
mobilization efforts to reduce stigma about HIV/AIDS and to
help at-risk people get tested; home-based care and support
from volunteers; volunteer support groups that meet
regularly to offer mutual support, including groups staffed
by people living with HIV/AIDS; a "buddy system"
to provide support and education on a one-to-one basis to
people living with HIV/AIDS; food security and income
generating activities and programs to train traditional
birth attendants, traditional leaders, church leaders and
to sensitize traditional healers.
SECURE THE FUTURE is a comprehensive public-private
initiative to help alleviate the HIV/AIDS crisis among
women and children in sub-Saharan Africa. Developed in 1999
by Bristol-Myers Squibb and the Bristol-Myers Squibb
Foundation, the initiative combines multiple approaches to
making a measurable impact in fighting HIV/AIDS where the
needs of people infected with and affected by the disease
are great and health care and other resources limited.
Bristol-Myers Squibb is a global pharmaceutical and
related health care products company whose mission is to
extend and enhance human life.
For more information, please contact:
Becky Taylor
Bristol-Myers Squibb
Tel: +1-609-252-4476
Mobile: +1-609-529-4328
Email: rebecca.taylor@bms.com
Web: http://www.bms.com
Laura Hortas
Bristol-Myers Squibb
Tel: +1-609-252-4587
Mobile: +1-609-240-7025
Email: laura.hortas@bms.com
Web: http://www.bms.com
SOURCE Bristol-Myers Squibb
2007'02.09.Fri
Analysys International Says China's B2B Market Reached RMB 1.26 Billion in 2005
August 11, 2006
BEIJING, Aug. 11 /Xinhua-PRNewswire/ -- Analysys
International, a leading Internet based provider of
business information about technology, media and telecom
(TMT) industries in China, said in its recently released
report "China B2B Market Annual Report 2006",
that China's B2B market size, including online B2B services
and related offline services, reached RMB 1.26 billion in
2005.
According to Analysys International's research, in 2005,
Alibaba's B2B delivery value was RMB 520 million, occupying
a dominant market share of 41%, followed by Global Sources
RMB 374 million, 30% and Hc360.com RMB 162 million, 13%.
(
http://english.analysys.com.cn/admin/images/1466_1.jpg )
In terms of pure online B2B services, the market size
was RMB 982 million in 2005, among which Alibaba's delivery
value was RMB 520 million, accounting for 53% of the total,
Global Sources RMB 210 million, with market share of 21%,
and Hc360.com RMB 78 million, 8%.
Analysys International says China's B2B market
competition is getting heavier as B2B platform providers
strengthened service quality, such as providing more
functions and applications on enterprise credit management
and trade transaction management. The alliance between
Hc360.com and Global Sources also posed challenge to
Alibaba's leading position. In addition, as some small and
midsize businesses choose only one online marketing service
between search engines and B2B services, the competition
between B2B service providers and search engine providers
is also getting fiercer in China.
This subject is further discussed in Analysys
International's research report "China B2B Market
Annual Report 2006". For more information, please
check the website: http://English.analysys.com.cn .
About Analysys International
Analysys International is the leading Internet based
provider of business information about technology, media
and telecom (TMT) industries in China. We provide data,
information and advice to 50,000 clients worldwide
representing 1,500 distinct organizations, deliver over 150
consulting engagements a year, and hold more than 20 events
that draw in over 8,000 attendees. Our clients include
executives from companies as technology vendors, vertical
information technology users, as well as professionals from
professional service companies, the investment community and
government agencies. Our mission is simple and clear: we
help our clients make better business decisions. For more
information, please visit our web site at
http://english.analysys.com.cn .
For more information, please contact:
Jessica Wang
Tel: +86-10-6466-6565 x394
Email: Jessica_wang@analysys.com.cn
SOURCE Analysys International
2007'02.09.Fri
System General Announces Launch of Next Generation Product and Commercial Delivery in August
August 11, 2006
TAIPEI, Taiwan, Aug. 11 /Xinhua-PRNewswire/ -- System
General Corporation (SG - TAIEX: 6280), a leading provider
of power management ICs, today announced the roll out of
the SG584X series chip. SG will start volume shipment of
the next generation of power management chips, the SG584X,
in August.
With a different design scheme from its predecessor,
the SG584X series boasts a new approach without the design
in the ITC 337-TA-541 patent infringement investigation.
Furthermore, the SG5841 product series was excluded from
the investigation, pursuant to Order No. 13 issued by the
Administrative Law Judge (ALJ) of the United States
International Trade Commission (USITC) on December 21,
2005. Consequently, the marketing for the aforementioned
products will not be adversely affected despite the pending
outcome. As a result, SG has sped the commercial and volume
production of its next generation product. Meanwhile, SG
has also assisted its customers in system verification and
safety agency approval in connection with the new product
conversion. With all these efforts, the SG584X series is
now successfully launched into the market.
As set by the ALJ, the Final Determination of the
337-TA-541 investigation from USITC will be issued in the
middle of August. If the Final Determination remains
unfavorable to SG, a limited exclusion order will issue and
become effective shortly. According to Mr. Tom Yang,
Chairman of System General, the investigation will be a
valuable experience for System General despite the adverse
consequences. Mr. Chandler Lin, President of System
General, stated, "System General has long been
committed to power management IC innovation and power
system topology improvement. Although we take initiatives
to obtain patents of new developments, the litigation case,
however, helps us acknowledge the importance of strategic
patent deployment. In addition, we have come to realize
that meeting such challenges has been easier with the
steadfast support from our partners, and we are very
appreciative of the assistance from our loyal customers as
well as the distributors that have displayed such dedicated
trust in SG during the litigation proceedings."
The ALJ issued an Initial Determination in the middle
of May, recommending the USITC issue a limited exclusion
order prohibiting the importation of SG's six accused
infringing products and two downstream products containing
the same from entering the United States. The two
downstream products are AC printer adaptor and computer LCD
monitor (excluding LCD TV).
Regardless the result of the Final Determination, SG is
committed to facilitating new products to keep pace with the
interest and needs of its customers.
About System General
System General was founded in 1983. Initially, the
company primarily offered power system design services. In
1985, it began R&D, manufacturing, and marketing of IC
programming and testing instruments. After endeavors of
more than a decade, SG has earned a reputation for high
quality goods and has received recognition from customers
in Taiwan and abroad. In 1999, SG established its
semiconductor branch, and began officially offering IC
design services. Its principal products are power
management ICs, which were introduced to the market in
2002. Most Taiwan IC design firms concentrate on the DC-DC
field, while SG is the only IC design firm in Taiwan
possessing comprehensive AC-DC power management chip
production lines with products used on the power management
systems of various kinds of computers, peripherals, wireless
communications equipment, and home appliances.
SG is headquartered in Taiwan with subsidiaries in the
US and China and an office in Korea, and has established
several marketing channels in Europe, America, and the Asia
Pacific region, actively paving the way for globalization.
The two SG business groups currently offer the
following products:
1. Power control and management IC: ATX SMPS control
IC; energy-saving
PWM control IC; scanner analog front end control
IC
2. IC programming and testing instrument: fully
automatic IC
programming and testing system; universal/special
component IC
burner; mass produced/R&D IC burner
SG Web site: http://www.sg.com.tw/
For more information, please contact:
Spokesperson:
Yu-lin Chen (Director, President's Office)
Tel: +886-2-2917-3005 ext 533
Email: yulin.chen@sg.com.tw
Deputy spokesperson:
Chilli Hsieh (Manager, President's Office,)
Tel: +886-2-2917-3005 ext 520
Email: chilli@sg.com.tw
Fax: +886-2-2911-1283
Web: http://www.sg.com.tw
SOURCE System General Corporation
2007'02.09.Fri
Lighthouse Reinforces Its Dominance at the 2006 Guangzhou International Motor Show
August 11, 2006
-- Over 50% of Car Manufacturers Select Lighthouse Screens to Showcase Their Latest Vehicle Models
HONG KONG, Aug. 11 /Xinhua-PRNewswire/ -- Lighthouse
Technologies, in conjunction with Join Merit Media Holdings
and AV Promotions, today announced that their partnership
has successfully captured over 50% of the market share at
the 2006 Guangzhou International Motor Show which was held
from July 25 - 31, 2006.
Eleven international automobile manufacturers including
Toyota, Ford, BMW and Porsche chose Lighthouse LED video
systems for their booths.
Popular display models selected by exhibitors included
Lighthouse's R6 and R10 video screens, each of which is
renowned for offering major car manufacturers a reliable
and picture-perfect platform for showcasing their
vehicles.
Overwhelmingly, over 800 Lighthouse LED screen panels
were installed at the exhibition, spanning a total floor
space of more than 2,000 square metres.
According to Lighthouse's managing director Mark Chan,
the company in association with Join Merit Media Holdings
and AV Promotions is delighted to have emerged as the
preferred partner to the automotive industry at this year's
event.
"The figures highlight that we have actually
increased our presence at this year's Guangzhou
International Motor Show by over 5% compared to 2005,"
said Mr. Chan.
"We are therefore extremely pleased not only to
have emerged as the clear supplier of choice, but with over
50% of the market share, we continue to prevail as the
dominant leader in the provision of video solutions to the
automobile industry."
Furthermore, Mr. Chan remarked that Lighthouse's LED
video screens are also increasingly being adopted in the
showrooms of major car manufacturers, a trend which is
particularly significant given that many automobile
companies are now in the midst of growing their operations
across China.
"Lighthouse screens are ideally suited to this
industry as they are designed to support a host of
promotional applications that range from product launches
to screening advertisements or product displays,"
elaborated Mr. Chan.
"As such, we consider our participation at this
show a reflection of our on-going support for China's
booming automobile industry."
About Lighthouse Technologies
Lighthouse Technologies Limited is a leading LED
technology developer, manufacturer and global supplier of
state-of-the-art LED modular video panels, which can be
assembled into large scale video screens for indoor and
outdoor use. Specializing in the research and manufacture
of LED video screens, Lighthouse has its own intellectual
properties with more than 10 active patents worldwide and
is committed to remain as the premier creator of
intellectual property value.
The company's LED components, panels and complete video
systems undergo stringent quality control with power-on,
burn-in processes at ISO 14001 and ISO 9001-certified
manufacturing plants. Its products have won several
international awards, among them, the IBC Exhibition Design
Award 2005, the Best-In-Show Award at InfoComm 2005, the
Best New Product Award at the National Association of
Broadcasters 2002 (NAB) show and the Good Buzz award at
InfoComm 2004. Lighthouse also received the Technological
Achievement Certificate of Merit in the 2003 Hong Kong
Awards for Industry as well as the Consumer Product Design
Award and the HKITCC Certificate of Merit in Technological
Achievement in the 1999 Hong Kong Awards for Industry.
Lighthouse was also recognized as one of the Fastest
Growing Technology Companies in the 2002 Deloitte
Technology Fast 250.
Lighthouse operates worldwide, through sales offices
and technical support teams in the United States, Canada,
South America, the United Kingdom, Continental Europe,
Africa, the Middle East and Asia Pacific. For more
information, please visit http://www.lighthouse-tech.com .
For more information, please contact:
Lighthouse Technologies Limited
Suites 531-537, Building 2,
1 Science Park Avenue West,
Hong Kong Science Park
Shatin
New Territories, Hong Kong
Tel: +852-2192-1688
Fax: +852-2423-1092
Ms. Kit Liang
Email: kliang@lighthouse-tech.com
Ms. Pearly Ang
Email: pang@lighthouse-tech.com
SOURCE Lighthouse Technologies Limited
2007'02.09.Fri
WuXi PharmaTech Named as One of the Top 103 National Innovative Companies
August 11, 2006
SHANGHAI, China, Aug. 11 /Xinhua-PRNewswire/ -- WuXi
PharmaTech, China's leading pharmaceutical R&D service
company is proud to announce today that it, along with
Lenovo, Haier, and SinoPec, has been named one of the top
103 National Innovative Companies awarded by the Ministry
of Science and Technology.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20040705/CNM002LOGO )
In 2006-the first year of China's "11th Five-Year
Plan", the Ministry of Science and Technology
initiated a "Technology Innovation Program" to
foster the development of domestic companies that have
achieved outstanding establishments in technological
advancement, brand marketing, system innovation, and
innovative company management and culture as a model
enterprise for nationwide promotion.
Among the 103 companies, 26 state-owned enterprises and
scientific research institutions were recommended by the
MST. The competition among all other nationwide candidates
was intense. WuXi PharmaTech received the award because it
has created an innovative "R&D outsourcing"
business model to effectively bring together the human and
financial resources, and science and technology from both
western and eastern world.
"I feel honored that we are selected as one of the
first group of the National Innovative Companies,"
commented Dr. Ge Li, Chairman and Chief Executive Officer
of WuXi PharmaTech. "This again signifies that our
innovative ability and our business model have been
recognized by the government. We greatly appreciate the
recognition. Also winning this award will significantly
encourage our employees, and I am confident that with the
government's support of policies in technology, finance,
and tax, WuXi PharmaTech shall be able to become a fully
integrated R&D service company and provide more
high-quality and value-added services to our
partners."
For more information, please contact:
Sherry Shao
WuXi PharmaTech
Tel: +86-21-5046-4002
Email: shao_yuyang@pharmatechs.com
SOURCE WuXi PharmaTech
2007'02.09.Fri
World's Business Leaders Converge To Discuss the Trends, Breakthroughs and the Future of Global Technology Innovation and Venture Investment in ASia
August 11, 2006
HONG KONG, CHINA Aug. 11 /Xinhua-PRNewswire/ -- Red
Herring announced today the speaker lineup for Red Herring
Asia 2006 to be held from August 28th to August 30th at the
Four Seasons in Hong Kong. Bill Owens, CEO and Managing
Director of AEA Holdings and former President & CEO of
Nortel, and Lee Sands, Managing Director of Sierra Asia and
former U.S technology trade negotiator to China, will
provide keynote addresses, focused on creating stronger
business ties between global venture funds and
entrepreneurship in Asia, supporting current innovators,
and highlighting the future of the APAC region.
Speakers from IBM Venture Capital Group, Vimicro, Jafco
Investment Group, Globis Capital Partners, Piper Jaffray,
Walden International and many more will emphasize the
venture opportunities and innovation by Asian startups.
Focusing on trends, breakthroughs and the challenges facing
companies doing business or based in the area, Red Herring
Asia is a forum where participants will gain insight on
these topics from the world's foremost experts.
Additional speakers include Max Burger-Calderon, Senior
Partner & Chairman of Apax Partners, Marty Beard, SVP
Corporate Development & Marketing for Sybase, Yoshito
Hori, Chairman and CEO of Globis Capital Partners, Richard
Joung Head of Jafco Investment Group, John Deng, Chairman
of Vimicro Corporation, Claudia Fan Muce, Managing Director
at IBM Venture Capital Group, and Safa Rashtchy, Managing
Director & Senior Internet Analyst for Piper Jaffray,
Lip-Bu Tan, Chariman of Walden International.
Other speakers discussing the topic of
"International VC: Where Should your Money Come
From?" include Brian Koo, Managing Partner & CEO
of LG Venture Investment Inc, Carmen Chang, Partner of
Wilson, Sonsini, Goodrich & Rosati, PoChi Wu, Managing
Director of Dragon Bridge Capital, etc.
Other topics include "The Global Launch: Finding
the right partners to enter the global market,"
"Web 2.0 & New Media," "Security: How
safe is personal and corporate data across Asia?,"
" SaaS: Software as a service," "Networked
Gaming 2.0: Can interactive Ad's and outsourcing save the
day?," "What micro payment business models work
well with mobile," "Semiconductors: What lies
ahead?," "Local vs. Foreign-based VC's," and
"Meeting the Big Guys + M&A: How to land first
accounts with big corporations?"
The highlight of the Red Herring Asia 2006 Summit is
unveiling and showcasing the Red Herring 100 Asia award
winners. The CEOs of the Top 100 Asian start up will
present their winning strategies at Red Herring Asia 2006.
The prestigious award, now in its second year and open only
to private technology companies headquartered in Asia
Pacific, is given to the top 100 Asian tech companies on
the basis of technology innovation, management strength,
market size, investor record, customer acquisition and
financial health. The showcase of the Asian start-ups is a
particular attraction, giving hands-on insights about the
up and coming companies.
To request an invitation please go to:
http://www.redherring.com/rhasia06 or contact Maggie Xiao
(mxiao@redherring.com)
About Red Herring
Red Herring is a sophisticated insider's guide to the
business of technology, featuring unparalleled insights on
the emerging technologies driving the economy, from the
Internet to wireless communications and digital
entertainment. Red Herring reports on how innovation and
entrepreneurship are transforming business and how the
business of technology is transforming the world, providing
readers with a deep understanding of venture capital and
capital markets. Recognized as an essential resource in
today's fast-changing business world, Red Herring gets the
right answers before anyone else even thinks to ask the
questions. More information on Red Herring is available on
the Internet at http://www.redherring.com .
For more information, please contact:
Amber Li
Red Herring
Tel: +86-10-8591-1166 x805
Email: amberli@redherring.com
SOURCE Red Herring
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