2007'02.04.Sun
Xeloda Filed in Europe for Treatment of Advanced Stomach Cancer
July 21, 2006
Oral Cancer Drug Offers Patients With Stomach Cancer a Highly Effective and Safe Treatment Option Compared to Current Standard Therapy
-- Not for publication in the US --
-- Not for publication in the US --
BASEL, Switzerland, July 21 /Xinhua-PRNewswire/ -- The
European Medicines Agency informed Roche today that the
filing for a new indication in Europe for the oral cancer
drug Xeloda in combination with another chemotherapy
(cisplatin) for the treatment of patients with advanced
gastric (stomach) cancer has been accepted. Stomach cancer
is the fourth most commonly diagnosed cancer and the second
leading cause of cancer-related deaths worldwide.(1)
The filing is based on results from the first-ever
phase III study investigating the efficacy and safety of
Xeloda/cisplatin compared to the current standard therapy
of infusional 5-fluorouracil (5-FU) plus cisplatin as
first-line treatment of the disease. The study results
confirmed that patients receiving the Xeloda/cisplatin
combination therapy lived at least as long without the
cancer progressing as those treated with the current
standard therapy. Furthermore, for the first time in any
cancer, Xeloda/cisplatin response rate (percentage of
patients whose cancer shrinks after treatment) was
superior, when compared to infusional 5-FU. Xeloda greatly
simplifies the treatment regimen due to its oral form,
reducing the need for hospital visits and allowing patients
more precious time to spend with family and friends.
"Today marks a significant milestone for Roche. We
are setting in motion the necessary steps to make this new
and effective treatment available for European patients
fighting advanced stomach cancer -- a particularly painful
and debilitating form of cancer," said Ed Holdener,
Head of Roche Pharmaceuticals Development.
"These new robust data are very encouraging -- for
the first time a viable alternative to the current standard
intravenous treatment will become available for stomach
cancer patients in Europe," stated lead investigator
Prof. Y. K. Kang of the Asan Medical Center, Seoul, South
Korea.
In Europe alone, nearly 140,000 people die from stomach
cancer each year.(2) Stomach cancer affects twice as many
men as women and occurs more frequently in people aged over
55 years.(3) Amongst tumours of the upper gastrointestinal
tract, oesophagogastric cancer is more common in the West,
whilst stomach cancer is predominant in the East.(4)
About the ML17032 study
The study, conducted by Prof. Kang and his team, is a
large international phase III study in advanced stomach
cancer. Some key highlights from this remarkable study,
'Randomised phase III trial of capecitabine/cisplatin vs.
continuous infusion of 5-FU/cisplatin as first-line therapy
in patients with advanced gastric cancer: efficacy and
safety results' include:
- This phase III study was conducted in 316 advanced
gastric cancer
patients who were enrolled in 46 centres across 13
countries in Asia,
South America, and Eastern Europe.
- The study compared the efficacy and safety of the
Xeloda plus cisplatin
combination (XP) with the intravenous 5-FU plus
cisplatin combination
(FP); FP is a standard treatment for gastric cancer,
and accepted by
regulatory agencies as the reference regimen against
which all other
regimens should be compared.
- The primary endpoint was non-inferiority in
progression-free survival;
patients receiving the XP combination therapy lived
at least as long
without the cancer progressing as those treated with
FP (median
progression-free survival 5.6 vs. 5 months, HR= 0.81,
p=<0.001,
demonstrating non-inferiority).
- The level of toxicity was similar between the two
treatment arms.
Gastrointestinal adverse events were among the most
frequent adverse
events in both treatment groups with nausea and
vomiting being the most
predominant adverse events.
- XP patients also lived at least as long overall (10.5
vs. 9.3 months,
HR=0.85, p=0.008, demonstrating non-inferiority).
- XP response rate based on investigator assessment was
superior to
FP -- this is the first time that Xeloda has shown
superiority to
infusional 5-FU rather than bolus 5-FU (overall
response rate
41 vs. 29 percent, p=0.030).
- XP reduces the amount of time a patient needs to
visit the clinic by
80 percent compared to FP (1 day vs. 5 days per 3
weeks).
About Xeloda
Xeloda is licensed in more than 90 countries worldwide
including the EU, USA, Japan, Australia and Canada and has
been shown to be effective, safe, simple and convenient
oral chemotherapy in treating over 1 million patients to
date.
Roche received marketing authorisation for Xeloda as a
first-line monotherapy (by itself) in the treatment of
metastatic colorectal cancer (colorectal cancer that has
spread to other parts of the body) in most countries
(including the EU and USA) in 2001. Xeloda has also been
approved by the European Medicines Agency (EMEA) and U.S.
Food and Drug Administration (FDA) for adjuvant
(post-surgery) treatment of colon cancer in March and June
2005, respectively.
Xeloda is licensed in combination with Taxotere
(docetaxel) in women with metastatic breast cancer (breast
cancer that has spread to other parts of the body) and
whose disease has progressed following intravenous (i.v.)
chemotherapy with anthracyclines. Xeloda monotherapy is
also indicated for treatment of patients with metastatic
breast cancer that is resistant to other chemotherapy drugs
such as paclitaxel and anthracyclines. Xeloda is licensed
for the first-line treatment of stomach cancer that has
spread, in South Korea.
The most commonly reported adverse events with Xeloda
include diarrhoea, abdominal pain, nausea, stomatitis and
hand-foot syndrome.
About Roche
Headquartered in Basel, Switzerland, Roche is one of
the world's leading research-focused healthcare groups in
the fields of pharmaceuticals and diagnostics. As a
supplier of innovative products and services for the early
detection, prevention, diagnosis and treatment of disease,
the Group contributes on a broad range of fronts to
improving people's health and quality of life. Roche is a
world leader in diagnostics, the leading supplier of
medicines for cancer and transplantation and a market
leader in virology. In 2005 sales by the Pharmaceuticals
Division totalled 27.3 billion Swiss francs, and the
Diagnostics Division posted sales of 8.2 billion Swiss
francs. Roche employs roughly 70,000 people in 150
countries and has R&D agreements and strategic
alliances with numerous partners, including majority
ownership interests in Genentech and Chugai. Additional
information about the Roche Group is available on the
Internet ( http://www.roche.com ).
All trademarks used or mentioned in this release are
protected by law.
Additional information:
- Gastric and oesophageal cancer fact sheet
- Xeloda fact sheet
- Roche in oncology:
http://www.roche.com/pages/downloads/company/pdf/mboncology05e_b.pdf
- Broadcast quality B-roll including doctor, caregiver
and patient
interviews is available for download via
http://www.thenewsmarket.com
References:
1. Ajani, J. Evolving Chemotherapy for Advanced Gastric
Cancer. The
Oncologist, Oct. 2005; Vol. 10, Sup. 3, 49-582.
2. Boyle, P & Ferlay, J. Cancer incidence and
mortality in Europe. 2004.
Annals of Oncology 2005; 16(3):481-4883.
3. Oncology Channel.
http://www.oncologychannel.com/gastriccancer/ . Visited on
15th March 2006.
4. Crew, K & Neugut, A. Epidemiology of gastric
cancer. World J
Gastroenterol. 2006 Jan 21; 12(3):354-62
For more information, please contact:
Baschi Durr or Alexander Klauser or Martina Rupp, or
Daniel Piller, Head Roche Group Media Office, or
Katja Prowald, Head R&D Communications
Tel: +41-61-688-88-88
Email: basel.mediaoffice@roche.com
SOURCE Roche
PR
2007'02.04.Sun
New Asia Partner Strengthens Global Chinese Financial Forum's International Influence
July 21, 2006
HONG KONG, July 21 /Xinhua-PRNewswire/ -- Vertical Expo
Services Company Limited has become the Asia Partner of
Global Chinese Financial Forum (GCFF) by signing an
official Strategic Cooperation Agreement with Canadian
company ChineseWorldNet.com Inc. in July 2006. The
international influence of the event is to be
strengthened.
According to the agreement, the two companies instantly
form strategic partnership. Using its Asian networks and a
series of promotion campaigns, Vertical Expo Services
Company Limited ( http://www.verticalexpo.com ) will
facilitate ChineseWorldNet.com Inc. (
http://corp.chineseworldnet.com ) to invite those private
companies in the Greater China region with high growth rate
and are interested in overseas financing and listing
opportunity to attend GCFF Toronto Conference held in
September 2006. On the other hand, both sides will
conclude the collaboration details about GCFF Shanghai
Conference held in September 2007 at soonest possible time.
Started in 2000, GCFF has grown from a one-day seminar
to a multiple-function international event and become the
largest bi-lingual (Chinese and English) financial forum
that has enormous impact in the financial industries in
both North America and Asia. In fact, GCFF brings
companies, institutional and individual investors from the
Eastern and Western cultures closer to create
multi-functional network. At the same time, it also
fosters interactions and collaborations among the
participants and contributes to a healthy development of
the financial industries in the North American and the
Greater China markets.
The collaborations between Vertical Expo Services
Company Limited and ChineseWorldNet.com Inc. will bring
numerous benefits to GCFF. It is expected that the event's
scale and status will be enlarged and improved respectively.
Also, the diversity of the participants will be enriched as
well. In the long run, the partnership will strengthen the
event's international influence.
For more information about GCFF, please contact Ms.
Fionna Poon at (852) 2528-0046, or visit http://www.gcff.cn
, or email to gcff@verticalexpo.com .
For more information, please contact:
Iris Fung
Blackink Marketing Communications
Tel: +852-3518-2576
Email: iris.fung@blackinkservice.com
SOURCE Vertical Expo Services Company Limited
2007'02.04.Sun
Givaudan and Celebrity Chef Todd English Enable Consumers to Create Gourmet Meals in Minutes with Flavor Perfections(TM)
July 21, 2006
- World's Largest Flavors Company Teams Up with Celebrity Chef to Create Meal Enhancing, All-Natural Gourmet Seasonings -
NEW YORK, July 21 /Xinhua-PRNewswire/ -- Givaudan
Flavors has partnered with James Beard Award-winning chef
Todd English to molecularly recreate five of his most
famous dishes into Flavor Perfections(TM), all natural,
low-calorie dry melting powders that will transform plain
cooked fish, meat, vegetables, and pasta into gourmet
entrees. Set to launch exclusively on the TV shopping
network HSN on Thursday, July 20th at midnight, Flavor
Perfections(TM) will be English's first signature specialty
food item.
Flavor Perfections(TM) are available in five flavors:
* Todd's Teriyaki Glaze
* Toscana Garlic Rosemary
* Puttanesca Sauce Seasoning
* Pesto Genovese
* Bonfire Barbeque
include about 44 servings per flavor at $39.90 for a
set of 5. When combined with a cooked dish, the heat and
moisture transform the dry melting powders into a glaze
that infuses the entree with flavor.
Givaudan Flavors, the world's largest flavor and
fragrances manufacturer, utilized proprietary headspace
technology to capture the authentic aromas and flavors of
Todd's dishes. A Givaudan patented product was then used to
create the dry melting powders. "Givaudan's unrivalled
commitment to culinary research is perfectly demonstrated
with Flavor Perfections(TM)," said Jeff Peppet, Global
Director of Marketing Communications, Givaudan Flavors,
Cincinnati, Ohio. "By applying scientific expertise in
culinary practice, Givaudan has developed the capability to
significantly improve the taste of fast and easy cooking in
the home."
Givaudan's unrivaled scientific process captured the
aromas of the dishes by taking what are called
"headspace" samples. By setting up a special
mini-lab within English's restaurant, a sample of the
molecules that emit from the dish were extracted, and a
drop of liquid containing the full molecular make-up of the
dish was brought back to Givaudan laboratories. There,
scientists studied each sample to crack English's codes and
recreate the flavors for commercial use.
"Every home chef will now have the means to create
gourmet dishes without extensive, complicated ingredient
lists and endless hours in the kitchen," said
English.
Flavor Perfections(TM) enables active, busy consumers
to cook quick, gourmet meals that contribute to a healthier
lifestyle without compromising taste. "Anyone who can
boil water will be able to cook with these products,"
says Peppet. "And, the end result will taste as if
Todd was creating a gourmet meal from his award winning
restaurants right in your own kitchen!"
For more information, please contact:
Kelly Bucher
Coburn Communications
Tel: +1-212-730-7277
Email: kelly.bucher@coburnww.com
Kate Tuller
Coburn Communications
Tel: +1-212-730-7277
Email: kate.tuller@coburnww.com
Brad Bohnert
HSN
Tel: +1-727-872-4567
Email: brad.bohnert@hsn.net
SOURCE Givaudan
2007'02.04.Sun
Life Sciences Contribution to Reach Millennium Development Goals
July 21, 2006
-- From BioVision to BioAction
-- BioVision Preliminary Agenda and Pre-Conferences
Reports are Available
at http://www.biovision.org
-- http://www.biovision-blog.org Now Open for
Discussion and Debates Prior
to the Forum
-- Your Media Accreditation
http://www.biovision.org/press_room.htm
LYON, France, July 21 /Xinhua-PRNewswire/ -- The 5th
World Life Science Forum, BioVision, will take place from
March 11th to 14th, 2007 in Lyon (France). BioVision is a
unique international platform that aims to facilitate
dialogue, debates and set up proposals for actions on
challenging issues related to Life Sciences. It gathers
representatives from science, political leaders, industry,
NGOs and society at large. The Forum contributes to a
better understanding of the opportunities and risks linked
to scientific achievements and their applications in
health, agriculture, nutrition and environment.
This 5th edition of BioVision will focus on "The
Contribution of Life Sciences to the Millennium Development
Goals". Thus, out of the eight Millennium Goals adopted
in 2000, fight poverty, hunger, disease, illiteracy,
environmental damage and discrimination against women, six
are directly related to Life Sciences.
BioVision to BioAction: BioVision is setting up a new
form of architecture both upstream and downstream of the
Forum in order to translate concrete operational projects.
Upstream, a series of Pre-conferences are organised
throughout 2006. Led by different partners, associating
international experts in each of this field covered, the
meetings will enable to explore and develop one of nine
topics within the three core areas of Health,
Agriculture/Nutrition and Environment related to Millennium
Development Goals.
The results of the discussions will be summarized in
reports, which will serve to both set the basis for
discussions and speed up the adoption of conclusions to
ensure the Forum translates into concrete operational
projects.
Topics, agenda and first Pre-conferences reports are
available: http://www.biovision.org/preconf_uk.htm
Downstream, the "World Foundation for Life
Sciences" has been created to provide the financial
means required for the implementation of the operational
projects born from the conclusions of the Forum.
YOUR CONTACTS FOR BIOVISION 2007
General information, preliminary conferences'
reports, agenda, news
http://www.biovision.org
Media accreditation, press releases, ad-hoc
docs'
http://www.biovision.org/press_room.htm
Blog for open discussion and debates
http://www.biovision-blog.org
For more information, please contact:
Edelman
Anna Adlewska
Email: anna.adlewska@edelman.com
Clina Viollet
Tel: +33-1-56-69-75-00
Email: clina.viollet@edelman.com
BioVision 2007 organization team
Andre de Marco
Tel: +33-6-13-53-32-39
Email: andredemarco@yahoo.com
Sophie L'Arnaud
Tel: +33-4-78-92-70-11
Email: sophie.larnaud@biovision.org
SOURCE BioVision
2007'02.04.Sun
Seven Leading Publishers Sue on Subscription Fraud Conspiracy
July 21, 2006
BOSTON, July 21 /Xinhua-PRNewswire/ -- Seven leading
scientific, technical and medical publishers -- American
Chemical Society, American Institute of Physics, Blackwell
Publishing, Inc., Elsevier, Inc., Taylor & Francis (a
subsidiary of Informa Plc.), Springer Science and Business
Media LLC (part of Springer Science + Business Media
Group), and Wiley Periodicals, Inc. and Wiley-Liss, Inc.
(subsidiaries of John Wiley & Sons, Inc.) -- today
announced they have filed suit against Commax Worldwide, a
California-based subscription agency, its subsidiary Commax
Technologies, Inc., and nine individuals including the
president of Commax Technologies, Henry Chen. The
publishers allege that the defendants are engaged in a
massive scheme of subscription fraud.
The principal defendant, Commax Worldwide, operates a
subscription agency serving libraries and other
institutions by acting as an intermediary in handling their
subscriptions to scholarly journals. Its customers are
primarily in Taiwan and elsewhere in East Asia. As an
agency, it is obligated to identify the subscriptions it
orders as institutional subscriptions bearing the normal
institutional price. The publishers' complaint, however,
accuses Commax of obtaining subscriptions to plaintiffs'
scientific, technical, and medical journals at deeply
discounted individual subscriber rates under false
pretenses, and reselling them to institutional clients at
the institutional rate. The individual defendants,
including Henry Chen, participated in this by subscribing
to journals, often using false names and addresses, and
turning over the journals upon receipt to Commax. The
publishers estimate their damages from this conspiracy in
the millions of dollars over the last few years.
"The significance of this lost revenue to
scholarship cannot be overstated," says Roy Kaufman,
Legal Director of John Wiley & Sons, parent corporation
of two of the plaintiffs. "For all of us, journal
subscription income is crucial, and enables us to fund the
publications that foster research and the dissemination of
knowledge. Furthermore, scholarly societies such as the
American Chemical Society and the American Institute of
Physics depend on subscription revenue for providing
critical services to their member scientists. The kind of
wholesale theft committed by Commax and its co-conspirators
hurts all of these efforts."
The complaint has been filed in the United States
District Court for the Northern District of California
(Docket# 064414), where all of the defendants are located.
It alleges fraud, misrepresentation, breach of contract,
conversion, violation of California's Unfair Competition
Act and violation of the federal Racketeer Influenced and
Corrupt Organizations Act. The publishers seek damages and
injunctive orders against future misconduct, among other
relief.
About the American Institute of Physics. The American
Institute of Physics is a nonprofit corporation and a
federation of learned societies chartered in 1931 for the
purpose of promoting the advancement and diffusion of the
knowledge of physics and its application to human welfare.
Its mission is to serve physics, astronomy and related
fields of science and technology by serving its member
societies, their associates, scientists, educators, R&D
leaders and the general public with programs, services and
publications. Its Publishing Center is located in,
Melville, NY. For more information on the American
Institute of Physics, please visit http://www.aip.org .
About the American Chemical Society. The American
Chemical Society-the world's largest scientific society-is
a nonprofit organization chartered by the U.S. Congress and
a global leader in providing access to chemistry-related
research through its multiple databases, peer-reviewed
journals and scientific conferences. Its main offices are
in Washington, D.C., and Columbus, Ohio. For more
information about The American Chemical Society, please
visit http://www.chemistry.org .
About Blackwell Publishing. Blackwell Publishing is
the world's leading society publisher, partnering with 665
academic and professional societies. Blackwell publishes
over 800 journals and, to date, has published more than
6,000 books, across a wide range of academic, medical, and
professional subjects. The company remains independent with
more than 950 staff members in offices in the US, UK,
Australia, China, Denmark, Singapore, Germany, and Japan.
Blackwell's mission as an expert publisher is to create
long-term partnerships with clients to enhance learning,
disseminate research, and improve the quality of
professional practice. For more information on Blackwell
Publishing, please visit:
http://www.blackwellpublishing.com /
http://www.blackwell-synergy.com .
About Elsevier. Elsevier is a world-leading publisher
of scientific, technical and medical information products
and services. Working in partnership with the global
science and health communities, Elsevier's 7,000 employees
in over 70 offices worldwide publish more than 2,000
journals and 1,900 new books per year, in addition to
offering a suite of innovative electronic products, such as
ScienceDirect ( http://www.sciencedirect.com/ ), MD Consult
( http://www.mdconsult.com/ ), Scopus (
http://www.info.scopus.com/ ), bibliographic databases, and
online reference works. Elsevier ( http://www.elsevier.com/
) is a global business headquartered in Amsterdam, The
Netherlands and has offices worldwide. Elsevier is part of
Reed Elsevier Group plc ( http://www.reedelsevier.com/ ), a
world-leading publisher and information provider. Operating
in the science and medical, legal, education and
business-to-business sectors, Reed Elsevier provides
high-quality and flexible information solutions to users,
with increasing emphasis on the Internet as a means of
delivery. Reed Elsevier's ticker symbols are REN (Euronext
Amsterdam), REL (London Stock Exchange), RUK and ENL (New
York Stock Exchange).
About Taylor & Francis. Taylor & Francis is
part of the academic division of Informa PLC. Informa is a
leading provider of specialist, high quality information to
the global academic & scientific, professional, and
commercial markets via publishing, events and performance
improvement. At the heart of every Informa product and
service is research-based, proprietary information for a
highly targeted audience. Informa publishes approximately
2,500 subscription based products and services, and 45,000
books. Worldwide, Informa produces over 10,000 events each
year powered by a marketing database of over 20 million
names. It has an unparalleled portfolio of brands including
Lloyds List, Routledge, Taylor and Francis, IIR and
Euroforum. Informa operates in 70 countries, employing
approximately 7,500 people in 150 offices. Informa is
listed on the London Stock Exchange. For more information
on Taylor & Francis please visit
http://www.taylorandfrancisgroup.com/ .
About Springer Science+Business Media. Springer
Science+Business Media ( http://www.springer.com ) is one
of the world's leading suppliers of scientific and
specialist literature. It is the second-largest publishing
group in the science, technology, and medicine (STM) sector
and the largest business-to-business publisher in the
German-language area. The group owns 70 publishing houses,
together publishing a total of 1,450 journals and more than
5,000 new books a year. The group operates in over 20
countries in Europe, the USA, and Asia, and has some 5,000
employees.
About John Wiley & Sons, Inc. Founded in 1807,
John Wiley & Sons, Inc., provides must-have content and
services to customers worldwide. Its core businesses include
scientific, technical, and medical journals, encyclopedias,
books, and online products and services; professional and
consumer books and subscription services; and educational
materials for undergraduate and graduate students and
lifelong learners. Wiley has publishing, marketing, and
distribution centers in the United States, Canada, Europe,
Asia, and Australia. The Company is listed on the New York
Stock Exchange under the symbols JWa and JWb. Wiley's
Internet site can be accessed at http://www.wiley.com .
For more information, please contact:
Atty. William S. Strong,
Kotin, Crabtree & Strong, LLP
Tel: +1-617-227-7031
Email: wstrong@kcslegal.com
SOURCE Kotin, Crabtree & Strong, LLP
2007'02.04.Sun
Beyondsoft Announces Participation at OutsourceWorld London Conference 2006
July 21, 2006
BEIJING, July 21 /Xinhua-PRNewswire/ -- Beyondsoft Co.,
Ltd, a leading end-to-end software engineering services
provider in China, announced its participation in the
OutsourceWorld-London conference taking place in July this
year.
OutsourceWorld-London is the only outsourcing event
focused on the needs of small and medium sized businesses
(SME's) in Europe. Philip Lew, the Senior Vice President of
Beyondsoft, led a small team to participate in this
conference. The team met with business executives and
managers, with the purpose of providing them with a roadmap
to outsourcing success in China. According to Mr. Lew,
"Beyondsoft believes the SME market will have a
significant impact on outsourcing from Europe over the next
few several years. We believe this trend is only going to
grow, which is why we are committed to focusing on this
area as part of our growth strategy."
The Beyondsoft Team attended a variety of forums and
panels covering current outsourcing and off-shoring trends,
industry best practices, and addressing the benefits of
outsourcing to China. Several success stories from small
and midsized companies that have outsourced portions or
entire components of their business processes were
exchanged .
About Beyondsoft
Established in 1995, Beyondsoft Co., Ltd is a leading
China based provider of end-to-end software engineering
services, ranging from software development, QA/Testing,
localization, and China market entry. Headquartered in
Beijing, Beyondsoft has domestic branches in Shanghai,
Wuhan, and Tianjin as well as overseas offices in Silicon
Valley, Seattle, and Fort Collins, United States and Tokyo,
Japan. Beyondsoft is recognized as one of the top 3 US &
Europe oriented outsourcing companies in China by IDC
(Feb06). For more information, please visit
http://www.beyondsoft.com .
For more information, please contact:
Lorita Liu
Beyondsoft Group
Tel: +86-10-8282-6100 x5102
Email: liuye@beyondsoft.com
Web: http://www.beyondsoft.com
SOURCE Beyondsoft Co., Ltd
2007'02.04.Sun
Thailand Ready to be the New ICT Hub of ASEAN
July 20, 2006
The Bangkok International ICT EXPO 2006 Scheduled from 2-6 August Aimed to be a Platform to Promote Thailand's Readiness to Serve the Industry
BANGKOK, Thailand, July 20 /Xinhua-PRNewswire/ -- The
Ministry of Information and Communication Technology (MICT)
announces the readiness of Thailand to be the new ICT hub of
ASEAN through its strong ICT infrastructure and global
collaboration in ICT trade, investment and development.
One of its key driving forces to support and encourage
partnership development among international traders is the
organizing of the big annual event 'Bangkok International
ICT EXPO 2006' which has been holding for 3 consecutives
year since 2004.
The Bangkok International ICT expo 2006 is aimed to be
a platform to present the potential of Thai ICT in terms of
its competitiveness and readiness to be one of the leaders
in information and communication technology (ICT) industry
within the region. More than 300,000 visitors from both
local and international entrepreneurs are expected to
participate in the grand event this year.
The MICT reveals the progress of organizing the
'Bangkok International ICT EXPO 2006', which scheduled for
2-6 this August 2006 that 90 percent of the available
spaces have already been reserved with expectation that
more than 300 foreign companies from over 20 countries will
join the event. Through the forming of delegations to
conduct a road-show in key ICT-advanced countries, such as
Germany, Australia, Singapore, China and Korea; the MICT
received good responses from many local and international
entrepreneurs to exhibit and showcase their latest
innovations at the event.
The Bangkok International ICT EXPO 2006 is the third of
events under the idea "ASIA ICT Connection: Global
Collaboration in ICT Trade Investment and Development"
covering more than 60,000 sq.m. at The Challenger, Muang
Thong Thani. Key objective beside an aim to present
Thailand's potential as regional ICT center; is to connect
the great business opportunities within the Asian market
and beyond and to pave the way to promote International
cooperation in trade investment and ICT development.
Highlights of the event are indicated in two parts:
1. Exhibitons -- King Pavilion on ideal of "Royal
Processes for glory of the land" with various types
and zones such as Royal Stage, Best wishes from the people
to the King, Simple layman language to common people, Tools
used by His Majesty's aspiration, Panorama Theater and The
King never loose sweats of attempt on "Human and
natural resources development" and etc. Thailand
Pavilion being divided into 3 zones: e-Government
information technology for government sectors development,
e-Society information technology for social development,
e-Education information technology for education
development. Each sector presenting Government and private
sector to witness Thailand is ready to be "The ICT
Hub" of Asian region.
2. Seminars: ICT Forum under the ideal of
"Managing Information and Communication Technology in
a Changing Era" by leading government and ICT business
groups and ICT SME Summit with 3 parts, ICT SME Conference,
to create opportunities for direct meet or contact between
entrepreneurs and consumers which will be a significant
exhibition stage of latest innovation. Business Matching,
to look for business partners by direct meet or contact
between buyers and sellers and Multilateral Trade Visit for
foreign entrepreneurs who are interested to invest in
Thailand and to visit related ICT government organizations
such as MICT, SIPA, Software and BOI etc.
This year event is expected to attract more than
300,000 visitors who are interested in technological
innovations as same as the success of last two yearly
events. This will provide opportunities for Thai ICT
entrepreneurs to meet and discuss business opportunities
with their own local and international counterparts,
especially major world class entrepreneurs. The EXPO will
also help generate more revenue from tourism industry to
Thailand and expecting more than 10,000 foreign visitors to
visit this event.
For more information, please contact:
Pornsom Nilsa-ard
CM Organizer Public Co., Ltd.
Tel: +66-2-559-0505 ext. 221
Email: pornsom@cm.co.th
Vipada S. Vanich
APPR Media Co., Ltd.
Tel: +66-2-655-6633
Email: vipada@apprmedia.com
SOURCE The Ministry of Information and Communication
Technology
2007'02.04.Sun
Burberry Successful in its Action Against Marco Leather
July 20, 2006
LONDON, July 20 /Xinhua-PRNewswire/ -- Burberry
announces a successful outcome in an action brought against
Marco Leather for infringing its trade mark rights.
In the US case, Burberry said that Marco Leather had
imported and sold over 100,000 counterfeit handbags,
wallets and goods bearing the iconic Burberry check and
Burberry Prorsum equestrian knight. Marco Leather also
registered a copyright consisting of a variation of the
equestrian knight superimposed over the Burberry check, and
was attempting to register the equestrian knight as a
trademark with the United States Patent & Trademark
Office.
Marco Leather submitted to a Court Order that it do the
following:
-- Abandon the trademark application for the
equestrian knight logo
-- Assign the copyright registration for the check
& equestrian knight
to Burberry
-- Abandon all rights and appeals related to goods
seized by U.S.
Customs and any other law enforcement agencies
-- Payment to Burberry of $100,000 in damages
-- Cease use of the equestrian knight and the check,
and all marks
"confusingly similar"
Marco Leather nonetheless refused to admit any
liability.
Stuart Lockyear, Burberry's Director of Intellectual
Property said: "This ruling marks an important
milestone for Burberry and for the luxury goods industry.
Burberry will not tolerate counterfeiting or abuse of its
trade marks and will always push for the maximum
penalty."
Burberry, which is headquartered in London and listed
on the London Stock Exchange, was founded in 1856.
For more information, please contact:
Robert Gardener / Alex Tweed
Tel: +44-20-7404-5959
SOURCE Burberry
2007'02.04.Sun
Avnet Electronics Marketing Asia Takes Most Preferred International Distributor Title in China
July 20, 2006
SINGAPORE, July 20 /Xinhua-PRNewswire/ -- Avnet
Electronics Marketing Asia, an operating group of Avnet,
Inc. (NYSE: AVT), has been ranked as one of the top five
Most Preferred International Distributors in China in a
nation-wide survey conducted annually by Electronics Supply
& Manufacturing China Magazine. Avnet has been selected
as most preferred distributor for every survey since 2002.
The survey analysed the preferences and selection
processes of electronic product manufacturers, interviewing
a total of 810 purchasing executives throughout the country
who were jointly responsible for buying US$30.4 billion
worth of electronic components last year, 59 per cent of
which were purchased through distributors.
"Avnet Electronic Marketing is grateful to receive
this prestigious recognition which echoes our commitment to
the China market and our focus on delivering 'support
across the board'. This endorsement from survey
participants is solid proof that our focus on customer
service is correct," said Stephen Wong, president of
Avnet Electronics Marketing Asia.
"We have served the China market for more than ten
years, our experienced local team has been focusing on
demand creation by exploring enormous opportunities
especially for new product lines in this emerging market.
We are also driving for innovation in supply chain and
design chain to help our customers stay ahead of the
competition," he said.
The survey revealed that when selecting franchised
distributors, manufacturers placed emphasis on pricing,
supply capacity, technical support, logistics services,
payment flexibility, product quality, company reputation
and their online trading capability.
Avnet Electronics Marketing was selected among 'The
Most Preferred International Distributors' on the basis of
its broad product line, strong global network and
value-added services to customers. The organisation
received high marks for product quality reputation and
supply availability, while its technical support and
logistics services also scored above the industry standard.
"Competitive pressures in China are continuing to
intensify and manufacturers are now demanding more support
from distributors to deal with shrinking product life
cycles. Avnet has responded to these changing market
requirements by driving innovation in terms of the depth
and variety of our product offering. We strive to build
operational efficiencies into customers' product
development and manufacturing process, with our end-to-end
supply chain services such as forecast pipelining and
Vendor-Managed Inventory (VMI) solution," said Raymond
Leung, regional president of Avnet China.
Other advantages of Avnet Electronics Marketing
mentioned in the survey included:
-- Strategic emphasis on inventory management and
forecast pipelining.
Avnet aggregates forecasts from OEMs (original
equipment
manufacturers) and their EMSI (electronic
manufacturing services
industry) partners, and filter them to pipeline
materials to the
right place at the right time
-- VMI services based on powerful IT systems. Avnet
analyses customers'
inventory on a regular basis to assure availability
and automatic
replenishment of inventory
-- Restriction of Hazardous Substances (RoHS)
compliant solutions
-- Rapid delivery of innovative applications to serve
lower
volume-level customers
"One of the keys to success in China is gaining
competitive edge, we do that by driving innovation in
design chain. It involves design support throughout the
life cycle, from part selection, design tradeoff/
feasibility analysis, bill-of-material (BOM) optimization
to total solution," said Victor Koh, regional
president of Avnet Memec China.
About Avnet Electronics Marketing
Avnet Electronics Marketing Asia is part of the largest
operating group of Phoenix-based Avnet, Inc. (NSYE: AVT), a
Fortune 500 company with fiscal 2005 sales exceeding USD13
billion. Operating in approximately 70 countries, Avnet is
one of the world's largest technology marketing,
distribution and services companies.
Avnet Electronics Marketing has a significant presence
in Asia-Pacific -- the fastest growing electronics market
in the world. Headquartered in Singapore, the company has
over 40 sales offices in 10 countries in Asia. It
distributes semiconductors, interconnect, passive and
electromechanical components to serve a wide range of
customers including original equipment manufacturers
(OEMs), electronic manufacturing services (EMS) providers,
and small-to-medium customers, providing support of
associated design-chain and supply-chain services.
With 20 branch offices in all major locations including
3 design centers (Hong Kong, Shanghai and Shengzhen) and 4
distribution centers (Hong Kong, Shenzhen, Shanghai and
Tianjin), Avnet Electronics Marketing is truly the leading
distributor equipped with global resources and local
presence in China. The company's web site is located at
www.em.avnet.com .
Note to editors: this release can also be found on the
EBA Web site at www.eba.com.hk . For enquiries on releases
by email, please call Rosa Lee at (852) 2537 8022 or send a
message to rosa@eba.com.hk.
For further information please contact:
Jaime Chan
Tel: +852-2410-2735
Email: jaime.chain@avnet.com
Wendy Allen/ Brian Peterson (Euan Barty Associates)
Tel: +852-2537-8022
Email: wendy@eba.com.hk/brian@eba.com.hk
SOURCE Avnet Electronics Marketing Asia
2007'02.04.Sun
Fusion Reports Strong Demand as Over 100,000 Subscribe to New Efonica Services in Under 30 Days
July 20, 2006
Users Rapidly Adopting Revolutionary Free VoIP Service in Target Markets Worldwide
NEW YORK, July 20 /Xinhua-PRNewswire/ -- Fusion
Telecommunications International, Inc. (Amex: FSN), a
global VoIP service provider, today announced that it has
achieved over 100,000 registered subscribers to its new
Efonica VoIP services in less than one month. Fusion
introduced its new Efonica services on June 19th and has
already attained registrations from over 50 countries
around the world. Adoption has been particularly strong in
Fusion's targeted emerging markets throughout Asia, the
Middle East, Africa, Latin America and the Caribbean.
"This is a historic day for Fusion. We have had a
strong consumer response to our innovative VoIP offering and
are delighted that our vision of creating a worldwide
Efonica calling community is becoming a reality so quickly.
We remain committed to increasing our subscriber base,
expanding our free features and driving revenue by
delivering compelling, fee-based value-added services to
expand our customers' communications experience. The
success of this launch positions us very well going
forward," said Matthew Rosen, President and CEO of
Fusion.
Efonica members can call each other for free using
their existing landline or mobile telephone numbers to and
from any combination of PCs, Internet phones and regular
telephones (with a SIP adapter), connected to either a
wireless, broadband or dial-up Internet connection.
Subscribers simply dial Fusion's patent-pending worldwide
Internet Area Code "10," then dial familiar phone
numbers as they normally would. For a small fee, Efonica
also offers its members the ability to call any landline or
mobile phone in the world with its efoOut service and to
schedule a call between two phone numbers when they are
away from their softphone or SIP enabled device with its
recently-announced efoLink service.
"We are looking to revolutionize the way people
communicate, and the initial adoption of our Efonica
services is certainly proof of our concept and vision. Many
other VoIP services companies never reach 100,000
subscribers, yet Fusion accomplished this major milestone
with limited marketing and its beta softphone version, in
under 30 days. We are confident that as this first wave of
subscribers learns what a great service we offer, our
community of Efonica members will expand even more rapidly
as we introduce more features and services," added
Roger Karam, President of Fusion's VoIP Division.
Consumers can subscribe to Efonica by visiting
http://www.efonica.com and completing a free and easy
registration process.
About Fusion:
Fusion provides its efonica branded VoIP (Voice over
Internet Protocol), Internet access, and other Internet
services to, from, in and between emerging markets in Asia,
the Middle East, Africa, Latin America and the Caribbean.
Fusion currently provides services to consumers,
corporations, international carriers, government entities,
and Internet service providers in over 45 countries. For
more information please go to: http://www.fusiontel.com or
http://www.efonica.com .
(Logo:
http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO )
Statements in this Press Release that are not purely
historical facts, including statements regarding Fusion's
beliefs, expectations, intentions or strategies for the
future, may be "forward-looking statements" under
the Private Securities Litigation Reform Act of 1995. All
forward-looking statements involve a number of risks and
uncertainties that could cause actual results to differ
materially from the plans, intentions and expectations
reflected in or suggested by the forward-looking
statements. Such risks and uncertainties include, among
others, introduction of products in a timely fashion,
market acceptance of new products, cost increases,
fluctuations in and obsolescence of inventory, price and
product competition, availability of labor and materials,
development of new third-party products and techniques that
render Fusion's products obsolete, delays in obtaining
regulatory approvals, potential product recalls and
litigation. Risk factors, cautionary statements and other
conditions which could cause Fusion's actual results to
differ from management's current expectations are contained
in Fusion's filings with the Securities and Exchange
Commission and available through http://www.sec.gov .
For more information, please contact:
Fusion Contact:
Jonscott Turco
Fusion
Tel: +1-212-201-2401
Email: jturco@fusiontel.com
Investor Contact:
Andrew Hellman
CEOcast, Inc.
Tel: +1-212-732-4300
Email: adhellman@ceocast.com
Media Contact:
John Henderson
Rubenstein Associates
Tel: +1-212-843-8054
Email: jhenderson@rubenstein.com
SOURCE Fusion Telecommunications International, Inc.
2007'02.04.Sun
Brooks Automation Wins Significant Order from Jusung for Multiple Vacuum Automation Systems
July 20, 2006
Leading Korean Semiconductor Equipment Maker Selects Market-leading Brooks GX6000 as its Vacuum Automation System Platform
CHELMSFORD, Mass., July 20 /Xinhua-PRNewswire/ --
Brooks Automation, Inc. (Nasdaq: BRKS), which develops and
produces hardware, software and systems for the
semiconductor and other complex manufacturing industries,
today announced that Jusung Engineering Ltd. (SEO: 036930),
an equipment manufacturer based in Kyungkido, South Korea,
recently placed a significant multi-million dollar order
for Brooks' proven Gemini Express(TM) 6000 (GX6000) vacuum
system. The GX6000 features an industry standard cluster
configuration utilizing the Brooks patented direct drive
vacuum robot for highly reliable, high throughput wafer
transport in a critical vacuum environment. The GX6000
will be employed as the backbone for semiconductor wafer
transport in Jusung's leading edge 300mm deposition and
other critical processes.
Young-Gon Lee, executive vice-president of sales and
marketing of Jusung Engineering, said, "We have
continuously challenged ourselves at Jusung to be the best
at what we do. We have recently won significant new
business from semiconductor customers not only in Korea but
also in the United States, Taiwan, Japan, France and Germany
for our process equipment. We have received a lot of
interest in our new unique semi-batch design for atomic
layer deposition, or ALD, for dielectric and metal film,
which maximizes throughput with excellent film uniformity.
The GX6000 system is the ideal platform for our application.
We view Brooks as a valuable partner that provides us with
industry-best substrate-handling technology that should
help us increase our value to our global customers."
Edward C. Grady, president and chief executive officer
of Brooks Automation, said, "We are pleased to be
selected by Jusung Engineering for its advanced
applications targeted at leading edge geometries. Brooks
already provides transport systems for Jusung's LCD process
equipment used by FPD manufacturers in Korea, Taiwan and
China. We are glad to expand this relationship with Jusung
to the semiconductor market. It has been a priority for
Brooks to increase our presence in Asia, with a strong base
of operations in Korea. I am pleased with the efforts of
our local team, led by our regional president Hoon Shin, in
solidifying our relationship as a long-term partner with
this important customer. We are also well positioned for
additional vacuum systems business with Jusung."
The Brooks GX6000 can support up to four process
modules and two load locks. It is integrated with the
atmospheric equipment front end module (EFEM) and can
support up to four load ports. The GX6000 is ideally
suited for a wide range of semiconductor processes carried
out in vacuum such as PVD, CVD, ALD, Cleaning, Ashing, RTP,
and Etch.
About Brooks Automation, Inc.
Brooks is a leading worldwide provider of automation
solutions and integrated subsystems to the global
semiconductor and related industries. The company's
advanced offerings in hardware, software and services can
help customers improve manufacturing efficiencies,
accelerate time-to-market and reduce cost of ownership.
Brooks products and global services are used in virtually
every semiconductor fab in the world as well as in a number
of diverse industries outside of semiconductor
manufacturing. For more information, visit
http://www.brooks.com .
About Jusung Engineering, Ltd.
Jusung Engineering develops, manufactures and provides
critical process equipment to the global semiconductor and
LCD flat panel display manufacturing industries. Founded
in 1995, Jusung is dedicated to being the best-in-class
equipment manufacturer and achieving total customer
satisfaction. Jusung provides equipment for critical
semiconductor processes such as ALD, anneal, etch and a
range of CVD applications. In addition, Jusung provides
advanced PECVD equipment for the LCD flat panel
manufacturing industry, ranging from Generation 5.5 to
Generation 7.5 glass sizes. For more information, visit
http://www.jsung.com .
Safe Harbor Statement under Section 21E of the
Securities Exchange Act of 1934. Some statements in this
press release are forward-looking statements made under
Section 21E of the Securities Exchange Act of 1934. They
include statements concerning the capabilities of certain
Brooks' products and their suitability for particular types
of applications. These statements are neither promises nor
guarantees but involve risks and uncertainties, both known
and unknown, that could cause Brooks to experience results
that differ materially from our expectations. These
statements are based on current management expectations and
analysis. As a result we can provide no assurance that our
future results will not be materially different from those
projected. The Company undertakes no obligation to revise
or update any forward-looking statements, or to make any
other forward-looking statements, whether as a result of
new information, future events or otherwise.
For more information, please contact:
Mark Chung
Director of Investor Relations
Brooks Automation, Inc.
Tel: +1-978-262-2459
Email: mark.chung@brooks.com
SOURCE Brooks Automation, Inc.
2007'02.04.Sun
Hyundai IT Adopts Tvia's TrueView LCD-TV Design Solutions
July 19, 2006
Turnkey LCD-TV Designs Based on Tvia TrueView 5725 Processor Result in Faster Time to Market and Lower Costs for Hyundai
SANTA CLARA, Calif., July 19 /Xinhua-PRNewswire/ --
Tvia, Inc. (Nasdaq: TVIA), a leading provider of digital
display processors for advanced flat-panel TVs, broadcast
digital DVRs, consumer displays, and monitor products,
today announced that Hyundai IT has adopted Tvia's TrueView
turnkey LCD-TV design for a new line of competitively-priced
LCD-TV display products.
Tvia's TrueView digital display processors are used by
the world's leading broadcast and consumer electronics
companies. Hyundai IT, Ltd., a publicly-listed company
within the Hyundai group, is one of the world's leading
manufacturers of a full line of state-of-the-art digital
display products, including PC monitors, PDP-TVs and
LCD-TVs.
"Hyundai IT selected Tvia's LCD-TV turnkey
solution based on the TrueView 5725 processor for our
newest line of LX series 20 inch analog LCD-TV display
products," said Peter Kim, General Manager, Advanced
Projects Team of Hyundai IT Corporation. "Our decision
to use Tvia's design and products was based on Tvia's
ability to provide a true complete package of fully
developed, high-quality products along with world-class
LCD-TV design and support services. The support we received
from Tvia's TV Design Center was simply outstanding. Tvia's
ability to design and manage a full range of turnkey
products and designs allowed us to provide our most
demanding customers with a high-quality product, very
competitively priced, and delivered in an extremely short
period of time," said Mr. Kim.
"We are proud to call Hyundai IT a customer and to
be its partner in producing competitively priced,
high-quality, finished LCD-TVs," said Eli Porat, CEO
of Tvia Inc. "Hyundai IT was able to leverage Tvia's
skills and resources through Tvia's leading independent TV
design center, saving it time and cost in development and
manufacturing. At the same time, Tvia and Hyundai shared
the same unwavering commitment to excellence in TV design,
picture quality and price performance."
Mr. Porat continued: "The flat-panel TV market is
advancing rapidly. Tvia's TV design center, combined with a
full line of digital display processors, enables the world's
leading TV manufacturers to provide state-of-the-art
technology and TV designs at a significantly lower cost,
higher picture quality, and the shortest time to market
available in the industry."
About Tvia
Tvia, Inc. is a fabless semiconductor company which
designs and develops an extensive line of flexible,
high-quality digital display processors for digital LCD,
PDP, HD, SD, and progressive-scan TVs, as well as other
broadcast and consumer display products. Tvia owns and
operates the world's leading independent TV design center
providing manufacturers with proven TV system designs,
allowing manufacturers to produce and manufacture the
highest quality flat-panel television at a significantly
lower cost with the shortest time to market. The
combination of Tvia's TrueView display processors and
leading TV system designs gives Tvia's manufacturing
customers the advantage for building the most
cost-effective, highest quality display solutions on the
market. More information about Tvia is available at
http://www.tvia.com .
About Hyundai IT, Ltd.
Originally part of the Hyundai Electronics Group,
Hyundai IT was established as an independent company in
August 2000 and has gained an outstanding reputation as a
manufacturer and supplier of the highest quality PC
monitors, plasma display televisions and LCD televisions
for markets worldwide. Building on the tremendous brand
recognition of the Hyundai name, Hyundai IT has focused on
its core vision to become the world's best visual IA
company, becoming one of the top two display product
companies listed on the Korean KOSDAQ exchange, and one of
the largest worldwide. More information about Hyundai IT is
available at http://www.hyundaiq.com .
For more information, please contact:
Diane Bjorkstrom
Chief Financial Officer
Tvia, Inc.
Tel: +1-408-982-8593
Email: dbjorkstrom@tvia.com
SOURCE Tvia, Inc.
2007'02.04.Sun
Xinhua FTSE Index Announces Annual Review Results
July 19, 2006
- Changes to tradable A50 and 200 Indexes
BEIJING, July 19 /Xinhua-PRNewswire/ -- Xinhua FTSE
Index (XFI), the independent China index provider, today
announced its Index Committee held a meeting on July 11,
2006 to review and approve constituent changes to the
Xinhua FTSE Index Series. All these changes will be
applied to the indices, effective after the close of
business on Friday, 21 July 2006 (i.e. on Monday, 24 July
2006).
The annual review resulted in constituent changes in
Xinhua/FTSE China A50, 200, 400, Small Cap and B All Share
indices, while no change was made to the constituent list
of the Xinhua/FTSE China 25 and B35 Index.
There were three companies fulfilling the auto addition
level for the A50 index: Jiangsu Express (600377), Qinghai
Salt Lake Potash (000792), and Shanghai Lujiazui
Fin&trade (600663). To balance the index, Shenzhen
Energy Investment (000027), Guangzhou Development Industry
Holdings (600098) and Anhui Expressway (600012) were
deleted. Following its A Share IPO, Bank of China (601988)
qualified for fast entry into A50 effective from July 12,
2006.
The Xinhua FTSE 200 Index had twelve new additions
including Jiangsu Express (600377), Shanghai Lujiazui
Fin&trade (600663), Jiangxi Hongdu Aviation Industry
(600316), Shenzhen Expressway (600548), and Shanghai
Aerospace Automobile Electro Mechanical (600151). For
details, please refer to the tech notice here.
The committee also announced the adjustments in the
Ground Rules of Xinhua/FTSE China 25 and Xinhua FTSE B
index series. The inclusion date of a listing company is
changed from the close of the first trading day to that on
the fifth day. This will allow the index users enough time
to adjust their positions in the indices and avoid
irrational price fluctuation during the first few days
following initial public offerings as well.
Based on transparent Ground Rules to ensure
consistency, liquidity and investability, all the Xinhua
FTSE indices are reviewed by the independent Index
Committee, which comprises a group of local and
international independent financial market experts. The
index series is widely regarded as the leading measure of
the China market by domestic and international investors
and is used as the basis of a set of Exchange Traded Funds
(ETFs), and derivative products on exchanges around the
world. Currently, the total assets under Xinhua/FTSE China
25 and A 50 ETFs exceed USD 4 billion.
Notes to Editors:
About Xinhua FTSE Index
Established in late 2000, Xinhua FTSE Index (XFI), a
joint venture between Xinhua Finance Limited and FTSE, came
into being to facilitate the creation of real-time indices
for the Chinese market. The indices can be used as a basis
for the trading of derivatives, index-tracking funds,
Exchange Traded Funds and as performance benchmarks. The
combination of FTSE's expertise in international indexing
with Xinhua Finance's strong presence and capabilities in
China creates a level of expertise in the Chinese market
that is unprecedented. Providing the combined coverage for
the Shanghai and Shenzhen exchanges, all of the Xinhua FTSE
indices are designed according to internationally proven
index methodology to ensure products are transparent, clear
and consistent. For daily data and further information,
please visit http://www.xinhuaftse.com .
About FTSE Group
FTSE Group is a world-leader in the creation and
management of indices. With offices in London, Frankfurt,
Hong Kong, Madrid, Paris, New York, San Francisco, and
Tokyo, FTSE Group services clients in 77 countries
worldwide. It calculates and manages the FTSE Global
Equity Index series, which includes world-recognised
indices ranging from the FTSE All-World Index, the
FTSE4Good series and the FTSEurofirst Index series, as well
as domestic indices such as the prestigious FTSE 100. The
company has collaborative arrangements with the Athens,
AMEX, Cyprus, Euronext, Johannesburg London, Madrid, NASDAQ
and Taiwan exchanges, as well as Nomura Securities, Hang
Seng and Xinhua Finance of China, FTSE recently signed an
agreement with Dow Jones Indexes to develop a single sector
classification system for global investors.
FTSE indices are used extensively by investors
world-wide for investment analysis, performance
measurement, asset allocation, portfolio hedging and for
creating a wide range of index tracking funds. Independent
committees of senior fund managers, derivatives experts,
actuaries and other experienced practitioners review all
changes to the indices to ensure that they are made
objectively and without bias. Real-time FTSE indices are
calculated on systems managed by Reuters. Prices and FX
rates used are supplied by Reuters.
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 .
SUMMARY OF INDEX CHANGES
Xinhua/FTSE China 25 Index
Inclusion: 0
Exclusion: 0
Xinhua FTSE China B 35
Inclusion: 0
Exclusion: 0
Xinhua FTSE China B All Index
Inclusion: 1
Exclusion: 0
Xinhua FTSE China A50 Index
Inclusions: 3
Exclusions: 3
Xinhua FTSE 200 Index
Inclusions: 12
Exclusions: 12
Xinhua FTSE 400 Index
Inclusions: 42
Exclusions: 42
Xinhua FTSE Small Cap Index
Inclusions: 53
Exclusions: 77
For more information, please contact:
Beijing
Catherine Song
Xinhua FTSE Beijing office
Tel: +86-10-5864-5275
Email: catherine.song@xinhuafinance.com
Hong Kong
Joy Tsang
Xinhua Finance
Tel: +852-3196-3983 / +86-21-6113-5999
Email: joy.tsang@xinhuafinance.com
Tim Nicholls,
FTSE Asia Pacific
Tel: +852-2230-5801
Email: tim.nicholls@ftse.com
New York
Lynne Sims,
FTSE Americas
Tel: +1-212-641-6168
Email: lynne.sims@ftse.com
London
Sabrina Bhangoo
FTSE Group
Tel: +44-20-7866-1821
Email: media@ftse.com
SOURCE Xinhua FTSE Index
2007'02.04.Sun
Xinhua Far East Downgrades Issuer Rating of Hangzhou Iron & Steel to BBB-; Outlook Stable
July 19, 2006
HONG KONG, July 19 /Xinhua-PRNewswire/ -- Xinhua Far
East China Ratings today downgraded the issuer credit
rating of Hangzhou Iron & Steel Co., Ltd. (`HZIS' or
`the Company', SH A 600126) from BBB to BBB-; the Company's
rating outlook remains stable.
The rating action was prompted by Xinhua Far East's
assessment that HZIS is unable to increase production
capacity under tightening environmental regulations and
consolidation in China's steel sector. For small and
low-end steelmakers such as HZIS, the competitive landscape
is set to become even more challenging, given high raw
material costs, market overcapacity, weakened demand under
government macro-controls and possible export rebate
reduction. HZIS's output, comprising of low value-added
long products, has stagnated in recent years despite
increasing capex. Although Xinhua Far East expects its
profit margin to increase marginally in 2Q06, it has been
on a downward trend and is expected to remain at low
levels.
Despite HZIS' limited production capacity and
concentration on long products, out of environmental
concerns, the local government has prevented it from
investing further in capacity expansion. As a result, HZIS'
production has been sluggish, remaining under three million
tons for low-end long products, which include profiled
steel, strip steel, steel rods and wire rods.
Structural imbalances in China's steel industry have
created overcapacity in such low value-added products,
thwarting the ability of steelmakers to sustain long-term
development without upgrades to more high-value added flat
products.
HZIS' profitability has consequently been squeezed,
primarily out of long product oversupply. Its profit margin
and EBIT margin declined from 13.6% and 10.7% in 2004 to
6.1% and 3.9% in 2005 respectively, and further to 4.59%
and 2.35% in 1Q06. Although the Company's profit margin is
expected to rise slightly in the 2Q06 -- the result of
lower production costs and higher product prices - it still
faces considerable pressures, with elevated raw material
costs and product prices impacted negatively by
macro-controls and market overcapacity. The possibility of
an export rebate reduction could also increase domestic
supply and put further pressure on steel prices.
At the same time, HZIS is required to upgrade its
production facilities to meet Hangzhou city's stricter
environmental protection standards. In 2005, it spent about
RMB1.1 billion in upgrade projects, of which more than
RMB138 million was used for environmental protection
purposes. In order to finance these projects, the company
increased its short-term debt sharply to RMB2.02 billion in
2005 from RMB473.5 million in 2004. As a result, its gross
debt to total capital ratio rose to 37.0% from 13.4%.
In addition, the progress of HZIS' diversification into
non-steel industries since listing in 1998 has been
sluggish. Its non-steel turnover contributed less than 5%
of the total in 2005.
On the other hand, there is the possibility that HZIS
could be the acquisition target of a large steel group or
obtain an asset injection from its major shareholder,
Hangzhou Iron & Steel Group, but Xinhua Far East views
these as unlikely in the near term. Xinhua Far East also
notes HZIS' sound operational and geographic advantages
that allow it easy access to both its booming local market
and neighboring markets in eastern China.
Located in the tourist city of Hangzhou and targeting
markets in eastern China, HZIS produced 2.79 million tons
of steel products in 2005, mainly consisting of low-end
long products, which include profiled steel, strip steel,
steel rods and wire rods.
HZIS is also a constituent of the Xinhua FTSE 400 Index
and, as of market close on July 18, 2006, its total market
capitalization and investable capitalization were RMB2,420
million and RMB726 million respectively.
For the rating report summary, please visit
http://www.xinhuafinance.com/creditrating .
Note to Editors:
About Xinhua FTSE 400 Index
Xinhua FTSE 400 Index is the mid cap benchmark index in
the Xinhua FTSE A Index Series, which includes the 400
companies in China after the top 200, ranked by market
capitalisation.
For daily data and further information, see
http://www.xinhuaftse.com .
About Xinhua Far East China Ratings
Xinhua Far East China Ratings (Xinhua Far East) is a
pioneering venture in China that aims to rank credit risks
among corporations in China. It is a strategic alliance
between Xinhua Finance (TSE Mothers: 9399), and Shanghai
Far East Credit Rating Co., Ltd. Shanghai Far East became a
Xinhua Finance partner company in 2003 and the first China
member of The Association of Credit Rating Agencies in Asia
in December 2003.
Capitalizing on the synergy between Xinhua Finance and
Shanghai Far East, Xinhua Far East's rating methodology and
process blend unique local market knowledge with
international rating standards. Xinhua Far East is
committed to provide investors with independent, objective,
timely and forward-looking credit opinions on Chinese
companies. It aims to help investors differentiate the
credit risks among the corporations in China, thereby,
cultivating their awareness and promoting information
disclosures and transparency in China market.
For more information, see
http://www.xfn.com/creditrating .
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 .
About Shanghai Far East Credit Rating Co., Ltd
Shanghai Far East Credit Rating Co., Ltd. is the first
and leading professional credit rating company with
comprehensive business coverage in China. It is an
independent agency established by the Shanghai Academy of
Social Sciences with the mission to develop internationally
accepted standards for capital market in China. The company
is a pioneer in conducting bond-rating business in China.
For years, it has been authorized by the Shanghai branch of
the PBOC to undertake loan certificate credit rating.
Since establishment, it has rated over 1,000 corporate
long-term bonds and commercial papers, based on the
principles of objectivity, fairness and independence. The
company has also maintained over 50% market share in the
loan certificate-rating sector in Shanghai for three
consecutive years. With its strong local presence and
knowledge, it provides investors with unique and the most
insightful credit opinion.
For more information, see http://www.fareast-cr.com .
For more information, please contact:
Hong Kong
Joy Tsang
Corporate & Investor Communications Director
Xinhua Finance
Tel: +852-3196-3983
+8621-6113-5999
+852-9486-4364
Email: joy.tsang@xinhuafinance.com
US
Taylor Rafferty (IR/PR Contact in US)
Ms. Ishviene Arora
Tel: +1-212-889-4350
Email: ishviene.arora@taylor-rafferty.com
SOURCE Xinhua Far East China Ratings
2007'02.04.Sun
Xinhua Far East Downgrades Anyang Iron & Steel to BBB-; Outlook Stable
July 19, 2006
HONG KONG, July 19 /Xinhua-PRNewswire/ -- Xinhua Far
East China Ratings today downgraded the issuer credit
rating of Anyang Iron & Steel Co., Ltd.
("AYIS" or "the Company", SH A 600569)
from BBB to BBB-; the Company's rating outlook remains
stable.
The rating action incorporates Xinhua Far East's view
that the nearly three-year delay in AYIS' new construction
project has hindered its production expansion and weakened
its industry position, with forecasted project returns now
overshadowed by an abundance of complementary products in
the market. Xinhua Far East is also concerned about the
Company's financial management and information disclosure
following the embezzlement by its brokerage of government
bonds that AYIS had purchased. The downgrade also reflects
the company's rising gearing ratio and falling profit
margins in the continuously challenging market.
AYIS had planned to increase its high-end production
capacity to enhance its product mix as early as 2001;
however, this project had been postponed due to
archaeological issues. Although AYIS' new production
project (able to produce 1.1 million tons of hot-rolled
steel sheet/coil annually) was 90%-complete by the end of
2005, the number of competing products in China's market
has already risen substantially, restricting the margins
AYIS will be able to place on new products.
One key issue affecting the Company involves RMB180
million of unused project funds that were used by AYIS to
buy government bonds in 2002 and were subsequently
embezzled by its brokerage firm. While the matter is still
under investigation, it is uncertain whether the funds will
be recovered. AYIS made a RMB54 million provision in 2005
for failed investment but, if the funds are not returned in
2006, the Company will have to make a second provision for
the remaining RMB126 million. This would negatively affect
its net profit.
Importantly, this incident has revealed inadequacies in
the Company's financial management and risk control
practices. Given that the Company did not disclose details
of the matter until the end of 2005 -- much later than the
actual embezzlement -- its information disclosure practices
are clearly in need of improvement.
Another issue affecting the Company is the sharp rise
in capital expenditures in 2005, with its net cash outflow
from investing activities totalling RMB 3.2 billion,
compared with net cash inflow from operations of RMB 627
million. The Company has had to rely on external financing
to a great extent, thus causing its gross debt to total
capital ratio to rise sharply to 32.4% in 2005 from 7.2% in
2004.
Under the adverse operating environment in 2005, AYIS'
profitability also declined sharply, with gross margin and
EBIT margin declining to 7.7% and 3.7% respectively from
12.3% and 7.9% in 2004. As new capacity is unlikely to
substantially enhance profitability in a market
characterized by oversuppy, Xinhua Far East has decided to
downgrade AYIS' rating to BBB- from BBB.
A major steel producer in Henan province, AYIS produced
4.48 million tons of steel products in 2005, of which nearly
60% consisted of low-end long products.
AYIS is also a constituent of the Xinhua FTSE China 200
Index and, as of market close on July 18, 2006, its total
market capitalization and investable capitalization were
RMB4, 642 million and RMB928 million respectively.
For the rating report summary, please visit
http://www.xinhuafinance.com/creditrating .
About Xinhua FTSE China 200 Index
Xinhua FTSE China 200 Index is the large cap index in
the Xinhua FTSE China A Share Index Series and includes the
top 200 companies in China by market cap. It is designed as
a tradable index and is calculated in real-time every 15
seconds. For daily data and further information, see
http://www.xinhuaftse.com .
About Xinhua Far East China Ratings
Xinhua Far East China Ratings (Xinhua Far East) is a
pioneering venture in China that aims to rank credit risks
among corporations in China. It is a strategic alliance
between Xinhua Finance (TSE Mothers: 9399), and Shanghai
Far East Credit Rating Co., Ltd. Shanghai Far East became a
Xinhua Finance partner company in 2003 and the first China
member of The Association of Credit Rating Agencies in Asia
in December 2003.
Capitalizing on the synergy between Xinhua Finance and
Shanghai Far East, Xinhua Far East's rating methodology and
process blend unique local market knowledge with
international rating standards. Xinhua Far East is
committed to provide investors with independent, objective,
timely and forward-looking credit opinions on Chinese
companies. It aims to help investors differentiate the
credit risks among the corporations in China, thereby,
cultivating their awareness and promoting information
disclosures and transparency in China market.
For more information, see
http://www.xfn.com/creditrating .
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 .
About Shanghai Far East Credit Rating Co., Ltd
Shanghai Far East Credit Rating Co., Ltd. is the first
and leading professional credit rating company with
comprehensive business coverage in China. It is an
independent agency established by the Shanghai Academy of
Social Sciences with the mission to develop internationally
accepted standards for capital market in China. The company
is a pioneer in conducting bond-rating business in China.
For years, it has been authorized by the Shanghai branch of
the PBOC to undertake loan certificate credit rating.
Since establishment, it has rated over 1,000 corporate
long-term bonds and commercial papers, based on the
principles of objectivity, fairness and independence. The
company has also maintained over 50% market share in the
loan certificate-rating sector in Shanghai for three
consecutive years. With its strong local presence and
knowledge, it provides investors with unique and the most
insightful credit opinion.
For more information, see http://www.fareast-cr.com .
For more information, please contact:
Hong Kong
Joy Tsang
Corporate & Investor Communications Director
Xinhua Finance
Tel: +852-3196-3983
+8621-6113-5999
+852-9486-4364
Email: joy.tsang@xinhuafinance.com
US
Taylor Rafferty (IR/PR Contact in US)
Ms. Ishviene Arora
Tel: +1-212-889-4350
Email: ishviene.arora@taylor-rafferty.com
SOURCE Xinhua Far East China Ratings
2007'02.04.Sun
Zsoft Launches New China-Japan Software Outsourcing Platform
July 19, 2006
BEIJING, July 19 /Xinhua-PRNewswire/ -- At the Third
2006 Zhongguancun Software Outsourcing Summit staged today,
Zhongguancun Software Association (Zsoft), a Beijing-based
non-profit software industry association, announced the
launch of a China-Japan Software Outsourcing Platform to
boost China's software outsourcing business for Japanese
markets.
The platform offers eight categories of service in
project, talent, communication, commodity, brand awareness
enhancement, business travel, industry intelligence and
financing.
"The new platform will be a creative and win-win
model. It is expected to bring profits and latest
technologies to software companies in Zhongguancun,
so-called Silicon Valley in China, and also lowers the cost
for them to make inroads into Japanese markets.
Additionally, the platform will help Japanese small- and
medium-sized businesses (SMBs) to find satisfied partners
rapidly in China." Said by Mr. Yu Bin, President of
Zsoft.
After the Second 2006 Zhongguancun Software Outsourcing
Summit, Zsoft launched the China-US Software Outsourcing
Platform to facilitate software-outsourcing business
flowing from the US to China.
Over the past year, such software outsourcing platforms
have become a key task for Zsoft to help software vendors in
Zhongguancun to explore international markets.
The Japanese markets account for 60 per cent of Chinese
outsourcers' total revenues. But, "Japan-focused
outsourcing works in China account for 5 per cent of the
total businesses outsourced from Japan, and mainly come
from large Japanese companies like NEC and Fujitsu. Due to
imbalance in communication, 95 per cent of outsourcing
demands from Japanese SMBs cannot find appropriate Chinese
outsourcers", told by Mrs.Suo, international market
director of Maruso Co.Ltd in Japan, and the Secretary
General of Japan Software and Service Association.
The Japan-oriented platform has already begun
operation. Several tens of SMBs in Tokyo, Japan are
preparing to launch Japanese Software and Service
Association (JSSA) to cooperate with Zsoft to establish an
outsourcing channel between Japanese and Chinese
businesses.
Japanese companies donated offices and personnel
expenses to help establish a liaison office in Japan for
the outsourcing platform to facilitate the communication
between two countries.
During the outsourcing summit, the liaison office in
Japan, which is in preparatory phase, has successfully
invited representatives of seven Japanese companies to come
to the summit.
10 Representatives of Japanese companies discussed over
talent training with iSoftStone Information Service Co Ltd
and Kinx Co Ltd, member companies of Zsoft.
More than 30 software outsourcing vendors in
Zhongguancun attended the summit.
About Zhongguancun Software Association
Zhongguancun Software Association (Zsoft) is a
non-profit software association representing more than 5000
software companies in Zhongguancun Science Park (Zpark),
so-called Silicon Valley in China. Zsoft is under the
auspices of Zpark Administrative Committee, and aims to
facilitate the development of software companies in Zpark.
About the Zsoft software outsourcing platform
On November 8, 2005, Zhongguancun Software Association
(Zsoft) launched China-US Software Outsourcing Platform.
The platform helps software companies in Zhongguancun,
so-called Silicon Valley in China, to explore markets and
attain outsourcing orders by setting up outsourcing project
networks, organizing outsourcing summits, offering expert
consulting service, etc.
The outsourcing platform aims to make Zhongguancun the
No 1 incubation center of China's software and service
industry in the world. The platform sets a goal of
attracting US$20 billion to Zhongguanncun in the next five
years.
The outsourcing platform functions as the gateway for
international software outsourcing service buyers to enter
China. It creates win-win model for both international and
Chinese companies through information platform
http://www.zsoft.cn , four time-a-year Zhongguancun
Software Outsourcing Summit, seminars and one-stop service
for international companies to establish business
cooperation with Chinese software vendors.
For more information, please contact:
Ms. Ada
Zhongguancun Software Association
Tel: +86-10-8231-8300
Fax: +86-10-8233-7088
Email: ada@zsoft.cn
SOURCE Zhongguancun Software Association (Zsoft)
2007'02.04.Sun
Plexus Doubles Manufacturing Footprint in China
July 19, 2006
Focus Is on Complex High-Mix / Mid-to-Low Volume Production in Asia
NEENAH, Wis., July 19 /Xinhua-PRNewswire/ -- Plexus
Corp. (Nasdaq: PLXS) today announced that it had entered
into a new operating lease for an extension to its existing
building which will include a new three-story office and an
additional production facility of approximately 60,000
square feet. This will bring Plexus' manufacturing
capacity in the Xiamen Xiangyu Free Trade Zone in China to
120,000 square feet from its present 60,000 square feet.
Mr. YJ Lim, Plexus' Vice President-Asia Operations,
commented, "Our Xiamen facility has consistently
demonstrated its ability to meet our customers'
requirements for quality and on-time delivery in the
Medical, Industrial/Commercial and Wireline/Networking
sectors. We have gained significant traction with our
current customers as a result of the dedication, capability
and loyalty of our Xiamen staff. With the support of our
local supply chain partners, our lean manufacturing
capabilities offer a significant advantage for companies
looking for complex high-mix, mid-to-low volume production
in China. This expansion will allow us to meet the
anticipated needs of both current and new global
customers."
The lease term is for ten years and is coterminous with
the present facility lease, which expires in 2016. The new
addition is expected to be completed by mid-2007, and
production is expected to begin 60-90 days thereafter.
About Plexus Corp. -- The Product Realization Company
Plexus ( http://www.plexus.com ) is an award-winning
participant in the Electronics Manufacturing Services (EMS)
industry, providing product design, test, manufacturing and
fulfillment and aftermarket solutions to branded product
companies in the Wireline/Networking, Wireless
Infrastructure, Medical, Industrial/Commercial and
Defense/Security/Aerospace industries.
The Company's unique Focused Factory manufacturing
model and global supply chain solutions are strategically
enhanced by value-added product design and engineering
services. Plexus specializes in customer programs that
require flexibility, scalability, technology and quality.
Plexus provides award-winning customer service to more
than 150 branded product companies in North America, Europe
and Asia.
Safe Harbor and Fair Disclosure Statement
The statements contained in this release which are
guidance or which are not historical facts (such as
statements in the future tense and statements including
"believe," "expect,"
"intend," "anticipate,"
"target" and similar terms and concepts),
including all discussions of periods which are not yet
completed, are forward-looking statements that involve
risks and uncertainties. In particular, the timing of the
completion and commencement of operations of the expanded
facility is subject to construction delays, delays in
procuring related equipment and training, higher than
expected start-up costs, other difficulties inherent in
commencing new operations and other factors which could
affect the operations at that site. All Plexus operations
are subject to other risks, including, but not limited to:
the economic performance of the electronics, technology and
defense industries; the risk of customer delays, changes or
cancellations in both ongoing and new programs; the
Company's ability to secure new customers and maintain its
current customer base; material cost fluctuations and the
adequate availability of components and related parts for
production; the effect of changes in average selling
prices; the effect of start-up costs of new programs and
facilities; the adequacy of restructuring and similar
accruals as compared to actual expenses; possible
unexpected costs and operating disruption in transitioning
programs; the effect of general economic conditions and
world events (such as terrorism and war in the Middle
East); the impact of increased competition; and other risks
detailed in the Company's Securities and Exchange Commission
filings.
For more information, please contact:
Gordon Bitter, CFO
Plexus Corp.
Tel: +1-920-722-3451
Email: gordon.bitter@plexus.com
Web: http://www.plexus.com
SOURCE Plexus Corp.
2007'02.04.Sun
Fosrenol(R) Demonstrates Effective Phosphate Control With as Few as Three Tablets a Day
July 19, 2006
New Data Show FOSRENOL Is an Effective Monotherapy -- Leading to Improved Phosphate Reduction in Dialysis Patients Previously Receiving Alternative Phosphate Binder Therapies
BASINGSTOKE, England, July 19 /Xinhua-PRNewswire/ --
New data show calcium-free FOSRENOL (lanthanum carbonate)
further reduces phosphate levels in dialysis patients
previously receiving other monotherapies or combined
phosphate binders, including calcium carbonate and
sevelamer hydrochloride(1). The data, presented today at
the XLIII ERA-EDTA Congress in Glasgow, also showed that
FOSRENOL significantly increased the number of patients
achieving Kidney Disease Outcome Quality Initiative
(K/DOQI) targets compared to those who were previously
treated with other monotherapies.
Dr Alastair Hutchison from the Manchester Institute of
Nephrology & Transplantation and one of the trial's
lead investigators said, "These study results add
further weight to the extensive data package which
demonstrates FOSRENOL is an effective phosphate binder.
FOSRENOL offers patients with hyperphosphataemia an
effective treatment option which could simplify their
management by reducing tablet burden to as little as one
tablet taken during each meal."
A total of 359 dialysis patients were treated with
FOSRENOL as monotherapy and were available for analysis
from this multicentre, open label study, following a switch
from their previous binder therapy. Over 40% of patients
were previously on combination phosphate binder therapy (2
or more binders). The study found that at 12 weeks of
FOSRENOL monotherapy, patients' mean serum phosphate levels
were 1.84 mmol/L compared with 1.99 mmol/L on other
previously received phosphate binding therapies*. In
addition, there was an increased percentage of patients who
reached KDOQI targets. The study also demonstrated that
FOSRENOL was well-tolerated throughout.
(* For patients assessed at Week 12, the mean change
from screening to Week 12 was -0.13 (P < 0.05).)
Further data presented at the ERA-EDTA Congress showed
that treatment with FOSRENOL was associated with a high
level of patient and physician satisfaction, based on a
number of assessments and linked to a reduction in tablet
burden(2). The majority of patients and physicians
expressed a preference for FOSRENOL over previous phosphate
binders.
"Poor patient adherence is a problem often found
in patients with hyperphosphataemia," says Dr Rajnish
Mehrotra from the Harbor-UCLA Medical Center, California
and one of the lead investigators of the trial. "These
findings show that FOSRENOL may help to tackle this
problem."
Other data presented at the meeting also extended
FOSRENOL's existing body of evidence. Data from 93
patients, 17 of whom were followed for up to 6 years in an
open-label extension study, showed that FOSRENOL
effectively maintained reductions in mean serum phosphate
levels whilst remaining tolerated(3).
These studies are promising news for the nearly one
million people on dialysis worldwide who are at risk from
the serious consequences of hyperphosphataemia, shown to be
associated with long-term morbidity and mortality(4). Up to
70 percent of CKD patients will develop
hyperphosphataemia(5) which, if not managed successfully,
may cause serious long-term health risks leading to renal
osteodystrophy (resulting in bone pain, brittle bones and
skeletal deformities), and potentially contribute to
cardiovascular disease, which accounts for almost half of
all deaths among dialysis patients.(6) As a result,
patients with hyperphosphataemia are often already taking
as many as eight or nine different medications(7). As
FOSRENOL is associated with a lower tablet burden than
existing phosphate binders, it may offer simplified dosing
for these patients.
Dr Raymond Pratt, Vice President Shire Global Medical
Affairs, said, "Shire welcomes the presentation of
these data which further add to the robust evidence
supporting the effectiveness and tolerability of FOSRENOL
in patients with hyperphosphataemia, as well as showing a
high-level of patient and physician satisfaction. Shire is
very proud to be able to offer a calcium-free alternative
with proven efficacy and tolerability for patients in need
of an effective and well-tolerated phosphate binder, which
may also help to simplify the management of their
condition."
FOSRENOL has been available in the US for 18 months
with over 44,000 patients receiving Fosrenol since launch
and will continue to be launched across Europe in the
remainder of 2006 and into 2007.
Notes to Editors:
Managing Hyperphosphataemia
Phosphorus, an element found in nearly all foods, is
absorbed from the gastrointestinal tract into the blood
stream. When the kidneys fail, they no longer effectively
filter out phosphates, even with the help of
blood-cleansing dialysis machines. While the normal adult
range for phosphorus is 2.5 (0.8mmol/L) to 4.5 mg/dL
(1.4mmol/L), the blood phosphorus levels of many patients
on dialysis exceed 6.5 mg/dL (2.1mmol/L). Such levels have
been linked to a significantly higher illness and death
risk for patients who have undergone at least one year of
dialysis. Most dialysis patients develop
hyperphosphataemia.
Hyperphosphataemia disrupts the delicate interplay
between the body's levels of calcium, parathyroid hormone
(PTH) and vitamin D. Over time, hyperphosphataemia can
ultimately lead to calcification of the heart, lung and
some arteries. Accumulating evidence shows that
hyperphosphataemia contributes to cardiovascular disease,
which accounts for almost half of all deaths among dialysis
patients. In fact, studies have shown that cardiovascular
mortality in dialysis patients aged 25-34 years is more
than 5 times greater than that in people aged 65-74 in the
general population.(8)
Since dialysis and diet restrictions alone generally
cannot control phosphate levels, patients traditionally
manage hyperphosphataemia by taking phosphate binding
agents with every meal and snack. Such binders "soak
up" phosphate in the gastrointestinal tract, before it
can be absorbed into the blood. Although these agents can
be effective, some can cause potentially serious side
effects including hypercalcaemia, bone toxicity and
tolerability problems.
Lanthanum carbonate (FOSRENOL(R))
FOSRENOL(R) works by binding to dietary phosphate in
the GI tract; once bound, the FOSRENOL(R)/phosphate complex
cannot pass through the intestinal lining into the blood
stream and is eliminated from the body. As a consequence,
overall phosphate absorption from the diet is decreased
significantly. Shire has conducted an extensive clinical
research programme for FOSRENOL(R) involving over 5500
patients, some of whom have been treated for up to 6 years.
This programme has demonstrated that FOSRENOL(R) is an
effective phosphate binder with a tolerability profile for
long-term use. FOSRENOL(R) was approved by the FDA in
October 2004 and is now available for prescription in the
US. In March 2005 regulatory authorities in the EU granted
marketing authorization for FOSRENOL(R) in sixteen member
states, thus completing the first step in securing
marketing approval throughout Europe. Fosrenol has since
been launched in Ireland, Sweden, Finland, Denmark and
Austria. The final step in the European process was
recently completed resulting in recommendation for approval
in the remaining 11 member states. Further roll-outs are
underway across the rest of Europe and other countries
around the world. The company has out-licensed the rights
to develop, market and sell FOSRENOL(R) in Japan to Bayer
Yakuhin Ltd.
Patients with renal insufficiency may develop
hypocalcaemia. Serum calcium levels should therefore be
monitored at regular time intervals for this patient
population and appropriate supplements given.
No data are available in patients with severe hepatic
impairment. Caution should, therefore, be exercised in
these patients, as elimination of absorbed lanthanum may be
reduced.
Fosrenol should not be used during pregnancy.
It is unknown whether lanthanum is excreted in human
breast milk. The excretion of lanthanum in milk has not
been studied in animals. Breast feeding is not recommended
when the mother is treated with Fosrenol.
Tissue deposition of lanthanum has been shown with
Fosrenol in animal studies. In 105 bone biopsies from
patients treated with Fosrenol for up to 4.5 years, rising
levels of lanthanum were noted over time. No clinical
data are available on deposition of lanthanum in other
tissues. Safety data exceeding 24 months are currently
limited. The risk/benefit from longer-term administration
should be carefully considered.
Patients with acute peptic ulcer, ulcerative colitis,
Crohn's disease or bowel obstruction were not included in
clinical studies with Fosrenol.
Approximately 24% of all ESRF patients who participated
in registration clinical studies, reported a drug related
adverse reaction, as determined by the investigator. No
individual ADR was reported at a frequency greater than
10%. The most commonly reported ADRs (>1/100, 1/10) are
gastrointestinal reactions such as abdominal pain,
constipation, diarrhoea, dyspepsia, flatulence, nausea and
vomiting. These are minimized by taking Fosrenol with food
and generally abated with time with continued dosing.
Hypocalcaemia was the only other commonly reported adverse
reaction.
Shire
Shire is a global specialty pharmaceutical company with
a strategic focus on meeting the needs of the specialist
physician and currently focuses on developing and marketing
products in the areas of attention deficit and hyperactivity
disorder (ADHD), gastrointestinal (GI), renal diseases and
human genetic therapies. Shire has operations in the
world's key pharmaceutical markets (US, Canada, UK, France,
Italy, Spain and Germany) as well as a specialist drug
delivery unit in the US.
For further information on Shire, please visit the
Company's website: http://www.shire.com .
1. Hutchison A et al. Efficacy of Lanthanum Carbonate
Monotherapy in
Dialysis Patients Previously Receiving Alternative
Phosphate Binder
Therapy. Presented at the XLIII ERA-EDTA Congress,
Glasgow, UK, 15-18
July, 2006.
2. Mehrotra R et al. A New Formulation of Lanthanum
Carbonate is Preferred
by Patients and Physicians. Presented at the XLIII
ERA-EDTA Congress,
Glasgow, UK, 15-18 July, 2006.
3. Hutchison A et al. Sustained Safety, Tolerability
and Efficacy of
Lanthanum Carbonate: Results from up to Six Years of
Treatment.
Presented at the XLIII ERA-EDTA Congress, Glasgow,
UK, 15-18 July,
2006.
4. Block G et al. Mineral Metabolism, Mortality, and
Morbidity in
Maintenance Hemodialysis. Am Soc Nephrol 2004; 15:
2208-18.
5. Lederer E et al. Hyperphosphataemia.
http://www.emedicine.com/med/topic1097.html .
Accessed 23-Mar-06.
6. Block G et al. Re-evaluation of risks associated
with
hyperphosphataemia and hyperparathyroidism in
dialysis patients:
recommendations for a change in management. Am J
Kidney Dis 2000; 35
(6): 1226 - 1237
7. United States Renal Data System. Medication Use
Among Dialysis Patients
in the DMMS. American Journal of Kidney Disease
1998; 32 (2) Suppl 1
(August): S60-68
8. Foley R et al. Clinical Epidemiology of
Cardiovascular Disease in
Chronic Renal Disease. American Journal of Kidney
Disease 1998; 32 (5)
Suppl 3:112-119
For more information, please contact:
Media:
Jessica Mann
Tel: +44-1256-894-280
Investor Relations:
Clea Rosenfeld
Tel: +44-1256-894-160
Resolute Communications:
Tara Breen,
Tel: +44-2070-151-350
Eleanor Heightman
Tel: +44-2073-977-078
Web: http://www.shire.com
SOURCE Shire plc
2007'02.04.Sun
Analysys International Says China's 3G Subscriber Base Will Reach 270 Million By 2011
July 18, 2006
BEIJING, July 18 /Xinhua-PRNewswire/ -- Analysys
International, a leading Internet based provider of
business information about technology, media and telecom
(TMT) industries in China, says China is most likely to
issue 3G mobile telecommunication licenses in the second
half of this year and China's 3G subscriber base will reach
270 million by 2011.
When China's 3G market initiates, China Telecom and
China Netcom will adopt preferential policies including
low-end terminals and low fees to attract users. Therefore,
they will focus on low-end and mid-range users. While China
Mobile and China Unicom will develop 3G subscribers on the
2G platforms, mid- and high-end users who have strong data
service demand will be the focus targets.
(
http://english.analysys.com.cn/admin/images/1459_1.jpg )
Analysys International says China's 3G-subscriber base
will develop in three stages:
2006-2007: With network coverage less than 80% and
mainly covering big and medium cities, 3G subscribers will
reach 25 million in this stage, accounting for 5% of total
mobile telecommunication subscribers in China.
2008-2009: With the network coverage issue being
solved, 3G subscribers will expand rapidly to 138 million
in this stage, accounting for 25% of total mobile
subscribers.
2009-2011: As 2G handsets are eliminated from the
market and carriers bind voice service with 3G services, 2G
mobile subscribers will be passively upgraded to 3G. 3G
subscribers will reach 270 million in this stage,
accounting for 38% of the total.
For more information about this subject, 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
Overseas Media Manager
Analysys International
Tel: +86-10-6466-6565 x394
Fax: +86-10-6466-7103
Email: jessica_wang@analysys.com.cn
SOURCE Analysys International
2007'02.04.Sun
The9 Limited to Report Second Quarter 2006 Unaudited Financial Results on August 9, 2006
July 18, 2006
SHANGHAI, China, July 18 /Xinhua-PRNewswire/ -- The9 Limited (Nasdaq: NCTY), a leading online game operator in China, announced today that it will host a conference call and webcast on Wednesday, August 9, 2006 at 9:00 PM, U.S. Eastern Time (corresponding with Thursday, August 10, 2006 at 9:00 AM, Beijing Time), to discuss The9's second quarter 2006 unaudited financial results, which will be released shortly after the close of the U.S. market on the same day. The press release will also be posted on The9's Investor Relations section of its website located at http://www.corp.the9.com . Conference call details: Investors, analysts and other interested parties will be able to access the live conference by calling +1-617-614-3472, password "81178862." In the U.S., members of the financial community may also participate in the call by dialing toll-free +1-800-706-7745, password "81178862". A replay of the call will be available through August 16, 2006. The dial-in details for the replay: U.S. toll free number +1-888-286-8010, International dial-in number +1-617-801-6888; Password "17583158". Webcast details: The9 Limited will also provide a live webcast of the earnings call. Participants in the webcast should log onto the Company's web site http://www.corp.the9.com 15 minutes prior to the call, then click on the icon for "Q2 2006 The9 Ltd. Earnings Conference Call" and follow the instructions. About The9 Limited The9 Limited is a leading online game operator in China. The9's business is primarily focused on operating and developing MMORPGs for the Chinese online game players market. The9 directly or through affiliates operates licensed MMORPGs, consisting of Blizzard Entertainment's World of Warcraft(R), MU(R) and Mystina Online(R), in China. It has also obtained exclusive licenses to operate additional MMORPGs in China, including Granado Espada(R), Soul of The Ultimate Nation(R), Guild Wars(R), and Hellgate: London(R). In addition, The9 has developed its first proprietary MMORPG titled "Joyful Journey West", which entered all-access public open beta testing in August 2005, and is also working on the development of a casual game "Super Girl Online". For more information, please contact Ms. Dahlia Wei Senior Manager, Investor Relations The9 Limited Tel: +86-21-5172-9990 Email: IR@corp.the9.com Web: http://www.corp.the9.com SOURCE The9 Limited
2007'02.04.Sun
Best and Brightest Talent Join Bleum
July 18, 2006
Bleum's Annual Graduate Trainee Program Commences
SHANGHAI, China, July 18 /Xinhua-PRNewswire/ -- Last
week Bleum commenced its annual Graduate Trainee Program.
The 15 participating graduates were recruited in November
2005 from some of China's most prestigious universities
including Fudan, Shanghai Jiao Tong, and Huazhong
University of Science and Technology.
Bleum's "Graduate Trainee Program" is an
intensive and rigorous 3-month course that combines
classroom work conducted by external and internal training
resources and covers five basic training modules. These
include: Bleum Culture and Policy Training, Bleum Process
and Work Flow Training, Basic Technical Training, Internal
Team on the Job Training, and Pilot Project. Key
components of the various training modules are CMMI Systems
and Processes and ISO 27001 Security Policies.
After the 3-month immersion, graduates will join their
allocated project teams. Those successfully completing the
scheme will be offered formal appointments at the end of the
first year.
"Attracting, nurturing and retaining talent is one
of the biggest challenges for companies operating in
China," commented Eric Rongley, Bleum CEO and Founder,
"This is the fourth year that Bleum has run a Graduate
Trainee Scheme and it is proving a successful means of
attracting the best talent available in the market place.
Some of our key staff at Bleum were, in fact, on the very
first Graduate Trainee Scheme we ran."
Investment in people and training is a key operating
policy at Bleum and apart from the "Graduate Trainee
Program," Bleum coordinates a comprehensive training
program for all staff including; "Weekly
Seminars," "In-house Technical Training,"
"Offsite Technical Training," and "English
& Cultural Awareness Training."
Bleum's commitment to hiring and training the best
translates into business advantages for the customers it
serves.
To the editor:
About Bleum
Bleum is a leading offshore software outsourcing
service provider in China with CMM Level 5 accreditation.
The company combines world-class CMM Level 5 process with
the highest security practices, top talent from China and
strong English skills under the strategic direction and
guidance of international management. Bleum is currently
practising ISO 27001 Security Policies and expects
accreditation in Q3 2006.
For further information please refer to
http://www.bleum.com .
About Bleum's Annual Graduate Trainee Program
Every year in November, Bleum participates in China
Universities' "Campus Recruiting" scheme. During
the campus recruiting, Bleum hosts a "Bleum Recruiting
Seminar." Interested students can submit their
resumes and attend the first-round written test at the
seminar. Candidates who pass then go through several
rounds of interviews over a two-day period. Offers are
made within a month. The following July, post completion
of their degrees, selected students will start the Bleum
Graduate Trainee Program.
For further information, please contact:
Media
Jean Wylie
Communications Director
Tel: +86-21-6282-1122
Email: Jean.wylie@bleum.com
Sales/General
Mike Signorelli
Senior Vice President Global Sales
Tel: +86-21-6282-1122
Email: mike.sig@bleum.com/info@bleum.com
SOURCE Bleum
2007'02.04.Sun
WuXi PharmaTech Wins Supplier Award
July 18, 2006
SHANGHAI, China, July 18 /Xinhua-PRNewswire/ -- WuXi
PharmaTech, a leading provider of pharmaceutical R&D
services in China, announced today that it has been
selected as one of Eli Lilly and Company's 2006 Global
Supplier Award winners.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20040705/CNM002LOGO )
Lilly established its annual Global Supplier Award to
recognize the exceptional efforts of its vendors who help
the company maintain a competitive edge.
WuXi PharmaTech has been providing high quality
services, expertise and flexibility in order to help
pharmaceutical companies such as Lilly achieve its goals.
"We are greatly honoured to win the prestigious
award given by such a distinguished company as Lilly,"
commented Dr. Ge Li, Chairman and Chief Executive Officer of
WuXi PharmaTech, "This award recognizes the achievement
of collaboration regarding drug R&D outsourcing
services. Also, this award greatly motives our employees.
I highly appreciate our staff members who work
enthusiastically for the company. With the continuous
support from our partners and employees, I am confident
that as a fully integrated drug R&D service provider,
WuXi PharmaTech can help our collaboration partners become
more competitive and productive in finding new
medicines."
For more information, please contact:
Sherry Shao
WuXi PharmaTech
Tel: +86-21-5046-4002
Email: shao_yuyang@pharmatechs.com
SOURCE WuXi PharmaTech
2007'02.04.Sun
CNH Global N.V. to Release 2nd Quarter 2006 Earnings and Hold Conference Call on Monday, July 24, 2006
July 18, 2006
LAKE FOREST, Ill., July 18 /Xinhua-PRNewswire/ -- CNH Global N.V. (NYSE: CNH) will release second quarter financial results at approximately 8:00 a.m. Eastern time on Monday, July 24, 2006. The full text of the release, along with the financial statements, will be available both from PR Newswire and on http://www.cnh.com . Also on July 24, at approximately 9:30 a.m. Eastern time, CNH will provide a live, listen-only, audio Webcast of the company's quarterly conference call with securities analysts and institutional investors. The Webcast can be accessed either through http://www.cnh.com or CCBN's individual investor center at http://www.earnings.com . Anyone unable to listen to the live Webcast can access the replay at either site for two weeks following the event. CNH Case New Holland, a majority-owned subsidiary of Fiat S.p.A. (FIA.MI; NYSE: FIA), is a world leader in the agricultural and construction equipment businesses. Supported by more than 11,000 dealers in 160 countries, CNH brings together the knowledge and heritage of its Case and New Holland brand families with the strength and resources of its worldwide commercial, industrial, product support and finance organizations. CNH Global N.V. stock is listed at the New York Stock Exchange (NYSE: CNH). More information about CNH and its Case and New Holland products can be found online at http://www.cnh.com . For more information, please contact: Thomas Witom, News and Information, CNH Global N.V. Tel: +1-847-955-3939 Albert Trefts, Jr., Investor Relations, CNH Global N.V. Tel: +1-847-955-3821 SOURCE CNH Global N.V.
2007'02.04.Sun
Chinese Companies Adopt Prolog Software for Construction Project Management
July 18, 2006
Joint localization effort between Meridian Systems and ProjectAIMS yields successful results, as Chinese firms embrace the industry standard for successful construction project delivery
FOLSOM, Calif. and HONG KONG, July 18
/Xinhua-PRNewswire/ -- Meridian Systems(R), provider of
enterprise project management software for optimizing
capital projects, programs and facilities, announced today
successful market adoption for Prolog(R) software within
the Chinese construction and engineering industry.
Meridian authorized reseller ProjectAIMS has jointly
developed with Meridian a Chinese localized version of
Prolog Manager and Prolog WebSite. ProjectAIMS has
successfully implemented Prolog at several major Chinese
firms, allowing them to embrace these market leading
project management and collaboration solutions in their
native language.
"There was a definite need to localize Prolog for
the Chinese market. With our skill set and local domain
knowledge, this development opportunity was a natural fit
for ProjectAIMS," said T.S. Wong, ProjectAIMS CEO.
"Chinese participants can now take full advantage of
the benefits of rapid, seamless collaboration and the
electronic flow of project information."
China is one of the largest project management markets
in the world, with 2004 capital investment totaling $800
billion US. China's economic growth is driving several
types of capital works projects including residential and
commercial property, transportation, environmental
protection, energy, the 2008 Beijing Olympics and the 2010
Shanghai Expo. Additionally, enrollment in the World Trade
Organization and its role in the global economy are driving
China to adopt new technologies and internationally
established project management methodologies, such as PMI.
Prolog provides total project management control for
construction projects by automating day-to-day task and
processes, from project design to close-out. "Without
question, more organizations in China realize that IT is an
essential accelerator in evolving project management
practices from good to great," commented Mr. Wong.
"The Chinese localized version of Prolog provides a
unique competitive edge to capture this great market
opportunity." Leading Chinese construction and
engineering firms that have adopted the Chinese localized
version of Prolog include:
-- Alcatel Shanghai Bell Co., Ltd.
-- CISDI Engineering Co., Ltd.
-- East China Power Transmission & Transformation
Engineering Company.
-- Electrification Railway Bureau
-- Ping An Insurance (Group) Company of China, Ltd.
-- Shanghai 4th Construction Company
-- Shanghai Hong Kong Metro Construction Management
Co., Ltd. (SHKMCM)
-- Shanghai Huang-pu River Bridge Engineering Co.,
Ltd.
-- Shanghai Installation Engineering Co., Ltd.
-- Shanghai Jiedong Systematic Engineering Control CO.,
Ltd.
-- Shanghai Urban Construction (Group) Corporation
Shanghai Hong Kong Metro Construction Management Co.,
Ltd. uses Prolog to enable efficient communication and
collaboration on the railway transportation Shensong Line
Phase I Project (L9) in Shanghai. Almost 40 design
institutions, supervision companies, agencies, civil and
E&M contractors have been involved in the construction
process. The volume of project information and
correspondence has been massive, including engineering
drawings, red title documents, engineering business contact
lists, RFIs, submittals, meeting minutes, and more. Using
Prolog allows SHKMCM to improve worker productivity, and to
create continuity and efficiency with its project controls.
CISDI has successively undertaken the design for more
than 200 steel enterprises and other industrial enterprises
in 30 provinces, municipalities and regions throughout
China. Their primary goal in adopting Prolog was to
streamline contract management and improve project budget
and cost management. The Prolog Cost Control module allows
CISDI to complete projects on time, within budget and to the
required quality. Having real-time access to project data
gives its project teams a better view into engineering
project status, and helps them to respond to customers more
quickly -- ultimately enhancing company profitability.
For additional information about the Chinese localized
version of Prolog software offered by ProjectAIMS, visit
their website at: http://www.projectaims.com .
About ProjectAIMS
ProjectAIMS provides a full array of IT solutions and
management consulting services to serve business
enterprises that rely on large, capital-intensive projects
to deliver their core business, regardless of the vertical
industry. ProjectAIMS solutions deliver project management,
collaboration and controls throughout the project
life-cycle, in order to support project-based businesses
and professional services firms -- such as owners,
developers, project managers, as well as architecture,
engineering and construction (AEC) firms who provide design
and construction services. Headquartered in Hong Kong with a
subsidiary in Shanghai, ProjectAIMS operates through a
network of staff, associates and business partners. For
more information, visit: http://www.projectaims.com .
About Meridian Systems
Construction project management software from Meridian
Systems allows building owners, construction and
engineering firms, and government agencies to efficiently
manage their capital projects, programs and facilities.
Meridian has pioneered Infrastructure Lifecycle Management
(ILM) technology that automates the Plan-Build-Operate
project lifecycle, enabling building owners and operators
to improve top-line revenue growth, while reducing capital
project costs and schedules. Meridian has become the
industry standard for successful construction project
delivery, and is ranked as the market share leader for
project management and collaboration software by
Constructech magazine,(1) and by the CFMA among general
contractors larger than $101 million in revenue.(2) For
more information, visit:
http://www.meridiansystems.com/pr071706 .
(1) Statistics excerpted from the 2006 National
Construction-Technology survey, Constructech Magazine
(2) CFMA's 2006 Information Technology Survey for the
Construction Industry, sixth edition with the permission of
the Construction Financial Management Association,
Princeton, NJ, (609) 452 8000.
For more information, please contact:
Sue Watkins,
Director of Marketing
Tel: +1-916-294-2136
Email: swatkins@meridiansystems.com
SOURCE Meridian Systems
2007'02.04.Sun
Valeo Receives Innovation Recognition From Nissan
July 18, 2006
PARIS, July 18 /Xinhua-PRNewswire/ -- Valeo today
announced that it has received a Nissan Global Supplier
Award for Innovation, recognizing the air quality system
developed by Valeo Thermal Systems Japan.
"It is an honor to receive this award and our
automatic intake control system to be recognized for as one
of the most innovative products of the year by Nissan,"
said Valeo's Chairman and CEO Thierry Morin. Valeo received
the award from Nissan Motor Co. Ltd.'s Chief Operating
Officer Toshiyuki Shiga at a ceremony in Tokyo. "This
is an example of the type of innovations Valeo is
constantly developing to satisfy market demands,
particularly in the areas of comfort enhancement and
environmental protection," added Thierry Morin.
The air quality sensor of this automatic intake control
system is able to detect NO2 as well as CO. If the incoming
air is too polluted, the system automatically activates the
intake flap thereby ensuring the well-being and comfort of
the vehicle's occupants.
Valeo invests more than 6% of its sales in R&D
every year in order to bring innovative solutions to the
market in the Domains of Powertrain Efficiency, Driving
Assistance and Comfort Enhancement.
Valeo is an independent industrial group fully focused
on the design, production and sale of components,
integrated systems and modules for cars and trucks. Valeo
ranks among the world's top automotive suppliers. The Group
has 134 plants, 68 R&D centers, 9 distribution centers
and employs 70,400 people in 27 countries worldwide.
For more information, please contact:
Alexandre Telinge,
Group Media Relations & PR Manager
Tel: +01-40-55-20-74
Matthieu de Crevoisier,
Group Media Relations Coordinator
Tel: +01-40-55-37-68
SOURCE Valeo
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