2007'02.04.Sun
Taiwan's Leading Academic Institution Chooses Thomson Scientific's Web of Science to Accelerate Research Discovery Efforts
July 18, 2006
TAIPEI, Taiwan, July 18 /Xinhua-PRNewswire/ -- Thomson
Scientific today announced that Academia Sinica, one of the
most prominent academic institutions in Taiwan, has obtained
access to Web of Science(R) as an important driver in its
effort to accelerate the development of academic research.
Now Taiwan's leading researchers have full access to the 37
million records in Web of Science dating back to 1900.
Thomson Scientific is a business of The Thomson Corporation
(NYSE: TOC; Toronto).
Academia Sinica chose Web of Science because it
delivers more than 100 years of the highest-quality cited
reference data.
"No other database offers this level of accuracy
and detail on such a multidisciplinary scale, giving
researchers the confidence to pursue a research path
without missing critical data that may change results and
conclusions," said Prof. Shiah of Academia Sinica.
"For researchers, the confidence to pursue a research
path without missing any critical data is essential. For
this reason, Web of Science is a vital research tool that
will help me to find related ideas as part of my study and
article writing."
The Analyze Tool, which helps researchers take a
broader view and discover emerging 'hot' areas plus find
top researchers and institutions in their field for future
collaboration, was also an important factor in Academia
Sinica's decision to choose Web of Science.
Keith MacGregor, executive vice president of Academic
& Government Markets at Thomson Scientific, added,
"We are proud to support Academia Sinica's pursuit of
an intellectual environment that will nurture young
scholars, promote international cooperation and scholarly
exchanges, and positively impact research excellence in the
country."
About The Thomson Corporation
The Thomson Corporation ( http://www.thomson.com ),
with 2005 revenues of $8.7 billion, is a global leader in
providing integrated information solutions to business and
professional customers. Thomson provides value-added
information, software tools and applications to more than
20 million users in the fields of law, tax, accounting,
financial services, higher education, reference
information, corporate e-learning and assessment,
scientific research and healthcare. With operational
headquarters in Stamford, Conn., Thomson has approximately
40,000 employees and provides services in approximately 130
countries. The Corporation's common shares are listed on
the New York and Toronto stock exchanges (NYSE: TOC;
Toronto).
Thomson Scientific is a business of The Thomson
Corporation. Its information solutions assist
professionals at every stage of research and development --
from discovery to analysis to product development and
distribution. Thomson scientific information solutions can
be found at http://www.scientific.thomson.com .
For more information, please contact:
The Americas:
Rodney Yancey, Manager,
Corporate Communications
Tel: +1-215-823-5397
Email: rodney.yancey@thomson.com
Europe:
Ryan Sheppard, Senior Director,
Marketing Services
Tel: +44-207-424-2177
Email: ryan.sheppard@thomson.com
Asia Pacific:
Jim Head, Senior Marketing Manager
Tel: +65-6879-4117
Email: jim.head@thomson.com
SOURCE Thomson Scientific
PR
2007'02.04.Sun
MTN Cameroon Selects Cambridge Broadband's VectaStar Solution for Cellular Backhaul
July 18, 2006
CAMBRIDGE, England, July 18 /Xinhua-PRNewswire/ --
Africa's largest cellular operator MTN is using Cambridge
Broadband's VectaStar wireless transmission solution to
backhaul its cellular GSM network in Cameroon.
Commercial operation will commence in two of the
country's main cities, Douala and Youande, using the
licensed 10.5GHz spectrum band. These towns will be covered
by four fully redundant VectaStar base stations, which
consolidate traffic from the VectaStar subscriber units
located at MTN's cellular base stations.
MTN Cameroon selected Cambridge Broadband's VectaStar
solution because of its unique fully integrated Abis
optimisation feature. Eben Albertyn, Chief Technical
Officer at MTN Cameroon, explains: "We need to make
the best possible use of the scarce radio spectrum.
VectaStar's built in Abis optimisation means that it only
transmits the active voice channels, and does so in the
most efficient way possible. This creates bandwidth savings
that we can use for other services."
MTN Cameroon's VectaStar network will be expanded
rapidly to provide coverage in additional geographic
territories, as well as being used to provide broadband
access services for business customers. Bjorn Krylander,
Chief Executive Officer of Cambridge Broadband, comments:
"One of the key advantages of our VectaStar system is
that it can support both transmission and access services
within the same network, and within a single base station.
This makes it ideal for operators that wish to provide a
full range of services without having to invest in multiple
technology platforms."
He adds: "VectaStar is rapidly becoming the
backhaul solution of choice for GSM and 3G operators around
the world, due to its unique combination of technical
features and its point-to-multipoint architecture. We are
very pleased that a leading operator like MTN has selected
our technology and we look forward to a long and successful
relationship."
Notes to Editors
For more information contact Nicky Dibben, Invention
Marketing Limited, telephone +44-(0)1223-235399.
Cambridge Broadband http://www.cambridgebroadband.com
Cambridge Broadband provides carrier class wireless
point-to-multipoint transmission equipment. The company's
unique approach to backhaul means that its technology
provides operators with a highly compelling business case.
To date, Cambridge Broadband's products have been
commercially deployed and technically proven in more than
30 countries. Privately-held, Cambridge Broadband has
headquarters in Cambridge, UK, with offices in Malaysia and
South Africa and manufacturing facilities in China and the
UK.
VectaStar
VectaStar is a highly flexible, scalable
point-to-multipoint radio transmission system used for 2G
and 3G cellular backhaul, WiMAX/WiFi/DSLAM backhaul and
Enterprise access. VectaStar is the only transmission
solution with integrated Abis and Iub optimisation and
dynamic statistical multiplexing to maximise the traffic
carried in any given bandwidth, giving substantial
operational and capital expenditure savings over leased
lines. VectaStar's additional advantages include superior
capacity, range, service mix, spectral efficiency and
support for full redundancy. VectaStar supports E1/T1, IP
and ATM transmission protocols. A single VectaStar base
station supports simultaneous operation in the 3.5GHz,
10.5GHz and 26GHz bands.
MTN Cameroon http://www.mtn.cm
MTN Cameroon is a telecommunications company which was
set up on 15 February 2000 following the acquisition of
Camtel Mobile phone license by the South African MTN Group.
As at 31st March 2006, MTN Cameroon had 1.409.000
subscribers. To date, MTN ranks among the five most
important companies in Cameroon in terms of turnover and
represents more than 54% market shares, which makes her the
leading telecommunications company in country. MTN Cameroon
has already invested above F CFA 200 billion in the
development of a first-class network which includes more
than 290 BTS with over 77% coverage rate of the urban
population. For more information about MTN Cameroon go to
http://www.mtn.cm .
For more information, please contact:
Nicky Dibben,
Invention Marketing Limited
Tel: +44-122-323-5399
SOURCE Cambridge Broadband
2007'02.04.Sun
Southern Leaders Release New Plan to Achieve American Energy Security
July 18, 2006
Strategy to Use Environmentally-Friendly Technologies and American Resources to Produce Fuels, End Dependence on Foreign Oil
"Alternative energy production has to become the new standard for American energy production - it's critical to our national security, necessary for economic development, and right for our environment."
"Alternative energy production has to become the new standard for American energy production - it's critical to our national security, necessary for economic development, and right for our environment."
NEW ORLEANS, July 18 /Xinhua-PRNewswire/ -- The
Southern States Energy Board (SSEB), comprised of governors
and state legislators from 16 southern states and two
territories, today released a critically-acclaimed study of
America's liquid transportation fuel options. The American
Energy Security Study presents a comprehensive plan for
United States energy security through the production of
ultra-clean liquid transportation fuels from domestic
resources, and sets an aggressive timeline for achieving
energy independence by 2030.
"The U.S. is endowed with the largest energy
resources in the world, including biomass, coal and oil
shale," Governor Ernie Fletcher of Kentucky, Chairman
of the Southern States Energy Board, told the assembled
policy makers at the Board's annual meeting in New Orleans.
"This endowment rivals the world's conventional oil
resources. Using environmentally-friendly technologies and
American innovation, this enormous base of U.S. resources
can provide transportation fuels at competitive prices and
rid us of dependence on foreign oil."
The SSEB's American Energy Security initiative outlines
the costs, risks, and national security implications of U.S.
dependence on imported oil, and presents a national mission
plan and supporting legislative agenda to secure energy
stability and independence. Key elements of the plan
include the creation of Alternative Energy Farms
("AEFs") utilizing a variety of currently
available, environmentally-friendly technologies,
large-scale implementation of coal-to-liquids (CTL)
processes to convert American coal and oil shale resources
into ultra-clean fuels, extensive development of biomass to
produce renewable liquid transportation fuels, increased
transportation fuel efficiency, sensible energy
conservation, and a legislative agenda that creates
incentives for rapid deployment of domestic energy
resources and bolsters a climate of long-term financial
viability and environmental stewardship. The initiative
also backs innovative efforts to increase domestic enhanced
oil recovery by injecting carbon dioxide into declining oil
fields to release additional trapped oil and safely
sequester the CO2 underground.
"America is at a crossroads," noted Governor
Fletcher. "We either can choose to produce our own
transportation fuels and secure our own destiny, or we can
continue to rely on expensive foreign oil from unstable
sources. Importing foreign oil costs the U.S. economy
about $300 billion per year in diversion of our financial
resources, loss of jobs and investment, loss of tax
revenues, and in military expenditures tied to defending
Persian Gulf oil. Alternative energy production has to
become the new standard for American energy production -
it's critical to our national security, necessary for
economic development, and right for our environment."
In addition to providing a specific path for achieving
energy security for transportation fuels by 2030, the study
is intended to increase awareness of the energy challenge
among the American people, industry, the financial
community, the media, governors, and legislators and
political leadership at the national, state and local
levels. The SSEB plan presents a detailed analysis of how
embarking on a national mission to achieve energy security
and move toward liquid fuels independence will:
-- reduce national security risks and free up U.S.
resources now devoted
to protecting foreign oil supplies;
-- lower oil prices and reduce oil price volatility;
-- facilitate a renewed U.S. industrial boom, with
direct new energy
sector investments of up to $200 billion by 2030;
-- establish a reliable domestic energy base that
sustains the global
competitiveness of U.S. industries;
-- create more than 1.4 million new jobs over two
decades;
-- foster new technology development;
-- help eliminate trade and budget deficits, including
a projected
reduction of the U.S. trade deficit by $600 billion
by 2030;
-- ensure affordable energy for citizens and strategic
fuels for the
military;
-- achieve conservation and efficiency savings
equivalent to 19 million
barrels per day of current oil usage; and
-- take new steps to protect the environment,
substantially reducing total
atmospheric emissions.
The SSEB American Energy Security initiative is
projected to allow America to eliminate approximately 5
percent of foreign oil imports per year for 20 years,
beginning in 2010, with oil imports eliminated entirely by
2030. A copy of the report and additional resources are
available at
http://www.AmericanEnergySecurity.org/studyrelease.html .
SOUTHERN STATES ENERGY BOARD
AMERICAN ENERGY SECURITY STUDY
AVAILABLE MEDIA RESOURCES
Southern
States Energy Board
6325 Amherst
Court
Norcross,
Georgia 30092
Contact:
Kenneth J. Nemeth
(770)
242-7712
(770) 242-0421
(fax)
(404) 405-2744
(cell)
The full report and additional media resources are
available at
www.AmericanEnergySecurity.org/studyrelease.html.
Resources available include:
-- An Executive Summary
-- Additional quotes from Governor Ernie Fletcher
(R-Ky), the Chair of the
Southern States Energy Board, including quotes about
the four primary
risks of dependence on imported oil, environmental
safeguards, and the
need to move aggressively. Also available are
quotes regarding the
need to develop Alternative Energy Production Farms
from Ken Nemeth,
the Executive Director and Secretary of the SSEB.
-- A summary of Key Strategies of the American Energy
Security Initiative
-- A summary of Projected Economic Impacts
-- A summary list of Policy Recommendations
For more information, please contact:
Kenneth J. Nemeth
Tel: +1-770-242-7712
Fax: +1-770-242-0421
Mobile: +1-404-405-2744
SOURCE Southern States Energy Board
2007'02.04.Sun
Analysys International Says China's Logistics Software Market Will Reach RMB932 Million by 2009
July 17, 2006
BEIJING, July 17 /Xinhua-PRNewswire/ -- Analysys
International, a leading Internet based provider of
business information about technology, media and telecom
(TMT) industries in China, says China's logistics
management software market size will reach RMB932 million
by 2009, with compound annual growth rate (CAGR) of 19.15%
from 2005 to 2009.
According to a recent survey conducted by Analysys
International, the total market size of third party
management software in logistics industry in China was
RMB388 million, and the market size will reach RMB932
million by 2009, with compound annual growth rate (CAGR) of
19.15%. Year 2005 is the growth peak of the logistics
software market in China. After 2005, the growth will
gradually slow down; however, the market will still keep a
compound annual growth rate of 19.15% till 2009.
As China's logistics industry completely opens up, the
Chinese domestic logistics industry will face heavy
competition. As an important means to improve corporate
operation, IT technology has drawn wide attention.
However, Analysys International says logistics management
software is an emerging field; IT vendors should have
substantive information to make the best business
decisions.
For more information, please check the website:
http://english.analysys.com.cn .
About Analysys International
Analysys International is the leading Internet based
provider of business information about Technology, Media
and Telecom industry in China. We provide data,
information and advice to 50,000 clients worldwide
representing 1,500 distinct organizations, deliver over 150
consulting engagements a year, and hold more than 20 events
that draw in over 8,000 attendees. Our clients include
executives from companies as technology vendors, vertical
information technology users, as well as professionals from
professional service companies, the investment community and
government agencies. Our mission is simple and clear: we
help our clients make better business decisions. For more
information, please visit our web site at
http://english.analysys.com.cn .
For more information, please contact:
Jessica Wang
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
ICIS pricing Launches Chinese Language Polypropylene Report
July 17, 2006
SINGAPORE, July 17 /Xinhua-PRNewswire/ -- ICIS pricing ( http://www.icispricing.com ), the global market pricing and intelligence service for the oil and chemical industries, is launching a new China polypropylene report available in both Chinese and English. Launched in response to increasing demand, the report will include assessments of China domestic market prices and provide insight on the market relationships between China and its key trading partners in Asia, Europe and the United States. China is a key polymer market that has significant influence on price trends globally. The entry of new polymer joint ventures into China has created increased interest from local and international companies on how the Chinese domestic market works. Following the successful launched of Polyethylene (China) report, this is the second report written in Chinese by full-time ICIS pricing ( http://www.icispricing.com ) reporters in China. "ICIS pricing's ( http://www.icispricing.com ) China CFR price assessment are already widely used in the global market as a benchmark for settling transaction prices. The additional of China Polypropylene to our portfolio is a logical move for ICIS, as we have been reporting Polypropylene markets in Europe, Asia, Latin America, The Middle East and the United States for many years," said Alfred Wong, Editorial Manager (China). "We hope that this report will provide reliable and robust information to support our customers' decision making in this exciting and volatile market." Request a trial of the Polypropylene (China) report from ICIS pricing at http://www.icispricing.com/il_free/il_free_trial/free_trial.asp?comp=PRccp or by emailing sales.ap@icis.com For more information on ICIS pricing, visit http://www.icispricing.com Notes to Editors: ICIS pricing ICIS pricing ( http://www.icispricing.com ), an independent pricing and market intelligence service from ICIS ( http://www.icis.com ), provides petrochemical and oil markets with reports published daily, weekly or monthly on more than 120 commodities. The pricing information is gathered by teams of experienced reporters in London, Houston, Singapore and Shanghai to offer the most complete, authoritative and up-to-the minute independent market information available. For further information on ICIS pricing ( http://www.icispricing.com ) and ICIS news ( http://www.icisnews.com ), please visit http://www.icis.com Reed Business Information ICIS is part of Reed Business Information (RBI), a division of Reed Business and a member of Reed Elsevier plc, the world's leading publisher and information provider. RBI publishes more than 100 market leading publications, directories and online services, and organizes many industry conferences and awards. The RBI portfolio includes Computer Weekly, Caterer & Hotelkeeper, Commercial Motor, Community Care, Estates Gazette, Farmers Weekly, Flight International, New Scientist, Travel Weekly, Totaljobs.com, Caterer.com, CWJobs, Estates Gazette Interactive (EGi), ATI (Air Transport Intelligence), ICIS, Kellysearch, Kompass UK, and Bankers' Almanac. For a full listing visit http://www.reedbusiness.co.uk For more information, please contact: Sheila Seow ICIS pricing Tel: +65-6789-8828 Email: sheila.seow@icis.com SOURCE ICIS pricing
2007'02.04.Sun
The Pre-opening Conference Launches MIPIM ASIA 2006
July 17, 2006
HONG KONG, July 17 /Xinhua-PRNewswire/ -- 'The World
Squared: global influences on property in Asia-Pacific' is
the key theme of the pre-opening conference at MIPIM ASIA,
to be held at the Hong Kong Convention and Exhibition
Centre on 26 September 2006. The world's property market
in Asia Pacific will then open its doors from 27 to 29
September 2006 to welcome more than 100 exhibitors from 23
countries and 1,500 delegates from the five continents.
This forum offers an outstanding opportunity to meet
and discuss with professionals from the global property
market about the central topic of the Asia Pacific
macro-economy, and is inviting as keynote speaker Rod
Cornish, Head of Research at Macquarie Real Estate
(Australia).
Recognized as one of the leading property economists
and one of the most often quoted personalities in the
Australian media due to his annual Real Estate Market
Outlook reports and role as financial expert at Macquarie
Digital, Rod Cornish is a vital knowledge source on the
emerging trends in the Asia-Pacific real estate market.
His pre-opening keynote will be particularly welcome since
in addition to his general expertise, his recent research
has focused on the race for real estate worldwide. He goes
even further in his latest report, The World Squared, by
giving a powerful vision of the global investment drivers
and an analysis of how real estate markets work in the four
leading economies of the world. 'The World Squared' is
available at http://www.macquarie.com/remo .
The pre-opening conference will overview the entire
property market situation in the Asia Pacific region. As
such, it will act as send-off for the three days of MIPIM
ASIA conferences, during which the Asia-Pacific markets
will be analysed per region, segment and investment mode.
It will throw light on how to evaluate real estate assets
in the property race, offering a vital source of insight
for professionals wishing to invest internationally in this
region.
The pre-opening conference will be held in Room 301 of
the Hong Kong Convention and Exhibition Centre on Tuesday
26 September at 5 p.m. The event will include a question
& answer session followed by an exclusive reception
where delegates can make contact and start discussions
between property professionals.
For more details about MIPIM ASIA, please visit
http://www.mipimasia.com .
For more information, please contact:
Ms Belinda Chan
Tel: +852-2372-0090
Email: belinda@creativegp.com
SOURCE Reed MIDEM
2007'02.04.Sun
Sinovac Reports Fiscal 2005 Results
July 17, 2006
BEIJING, July 17 /Xinhua-PRNewswire/ -- Sinovac Biotech
Ltd. (Amex: SVA), a leading provider of biopharmaceutical
products in China, announced financial results for its
fiscal year ended December 31, 2005. Sales increased 33.4%
to $8,608,000 in 2005 from $6,454,000 in 2004.
Sinovac's CEO, Mr. Weidong Yin commented, "We had
an excellent year in 2005: we received final regulatory
approval for two new vaccines, began human clinical trials
for a pandemic flu vaccine and increased our sales by
33.4%. This year we will strive to increase the production
and sales of Healive in order to capture a bigger share of
China's hepatitis A vaccine market and continue to promote
our combined hepatitis A and B vaccine, Bilive, as a
high-end product. In addition, we expect to begin sales of
our Anflu(TM) product in our first full flu season. As
always, we are pressing ahead with our R&D programs. We
recently completed phase I clinical trials for our H5N1
pandemic influenza vaccine. We intend to apply for
authorization from the China SFDA to begin phase II trials
as soon as possible, in our efforts to bring this product
to market to meet the health threats posed by the pandemic
flu to the global community. We are also developing a
vaccine against Japanese encephalitis. Finally, I want to
state that we are taking our fiscal and corporate
governance responsibilities very seriously. We found some
errors and are making every effort to correct them and
prevent future mistakes."
Gross profit increased 38.7% to $6,262,000 in 2005 from
$4,516,000 in 2004 and gross profit margin was 72.7% and
70.0% respectively.
Net loss increased by 9.5% to $5,111,000 in 2005 from
$4,667,000 in 2004. The increase in net loss was primarily
due to increases in selling, general and administrative
(SG&A) expenses, which increased 16.2% to $10,278,000
in 2005 from $8,843,000 in 2004. SG&A expenses include
sales expenses, stock-based compensation expenses, and
withholding tax liability associated with the exercise of
stock options by Sinovac's employees. The increase in
sales expenses is primarily due to the exploration of new
markets and efforts to improve sales networks and sales
strategy in 2005. Stock-based compensation expense
decreased to $3,356,000 in 2005 from $4,428,000 in 2004.
However, Sinovac believes it may be liable for PRC
withholding taxes associated with the exercise of stock
options by its employees and has accordingly accrued a
current liability of $1,455,000, which was charged to
SG&A expenses in 2005.
About Sinovac
Sinovac Biotech Ltd. is a China-based biopharmaceutical
company that focuses on the research, development,
manufacture and commercialization of vaccines that protect
against human infectious diseases. Sinovac's vaccines
include Healive(TM) (hepatitis A), Bilive(TM) (combined
hepatitis A and B) and Anflu(TM) (influenza). Sinovac is
currently developing human vaccines against the H5N1 strain
of pandemic influenza, Japanese encephalitis and SARS.
Additional information about Sinovac is available on
its website, http://www.sinovac.com and the Sinovac
Investor Relations website,
http://finance.groups.yahoo.com/group/Sinovac_Biotech_IR/
To be added to our distribution list, please email:
info@sinovac.com
Safe Harbor Statement
This announcement contains forward-looking statements.
These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements can be
identified by words or phrases such as "will,"
"expects," "anticipates,"
"future," "intends," "plans,"
"believes," "estimates" and similar
statements. Among other things, the business outlook and
quotations from management in this press release contain
forward-looking statements. Statements that are not
historical facts, including statements about Sinovac's
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of important factors could cause
actual results to differ materially from those contained in
any forward-looking statement. Sinovac does not undertake
any obligation to update any forward-looking statement,
except as required under applicable law.
For more information, please contact:
Craig H. Bird
Segue Investor Relations
Tel: +1-215-885-4981
Fax: +1-215-885-4982
Email: Sinovac@segue.biz
SOURCE Sinovac Biotech Ltd.
2007'02.04.Sun
Xinhua Finance's Subsidiary Mergent to Purchase Praedea Solutions Inc.
July 14, 2006
SHANGHAI, China, July 14 /Xinhua-PRNewswire/ -- Xinhua
Finance (TSE Mothers: 9399; OTC: XHFNY), China's
unchallenged leader in financial information and media,
today announced that its wholly owned subsidiary, Mergent,
Inc. has reached an agreement to purchase 100% of the
shares of Praedea Solutions Inc. ("Praedea").
Founded in 2002, Praedea develops enterprise software for
automated data extraction. Praedea licenses its software
product to major financial market data vendors and other
financial market participants to expedite the process of
data collection, making high quality data available in near
real time.
The acquisition advances Xinhua Finance's data
collection strategy enabling it and its subsidiary Mergent
to continue to meet global needs for near-real-time
transparent and added-value financial information.
Immediately following the acquisition, Praedea will change
its name to Mergent Data Technology, Inc.
Jonathan Worrall CEO of Mergent Inc. stated, "This
acquisition, which was made after extensive research and
trials, considerably enhances our ability to achieve the
mission of being the premier provider of global financial
data. The marriage of the latest proven technology
combined with the industries leading data collection
process and the most comprehensive data history available
make this a truly unique offering."
He further added, "This allows Mergent to compete
not only as a traditional data provider but also as a
serious competitor in the market for the outsourcing of
global financial data collection. Outsourcing through
inexpensive labor has proven problematic as cost and
retention issues continue. The application of technology
to base data collection combined with Mergent's proven
historical databases allows clients to outsource the
collection of commodity like data and focus their effort on
value added business processes."
Mergent, Inc., the leading provider of business and
financial data on global publicly listed companies, jointed
the Xinhua Finance family in July 2004, adding depth to
Xinhua Finance's ratings services with its range of
research tools and data.
Notes to Editors
About Praedea Solutions, Inc.
Praedea Solutions, Inc. ("Praedea(SM)")
develops and licenses universal enterprise software
solutions providing real-time data extraction from
financial/SEC filings and other documents. Utilizing
proprietary text-mining automation, the Praedea Data
Extraction Platform(TM) (the "Praedea DEP(TM)")
automatically extracts predetermined numeric figures and
text from semi-structured electronic documents, while
retaining "Source Links(TM)" (hyperlinks to
precise locations in underlying source documents) for
absolute data transparency. The Praedea DEP's user-friendly
interface and open standards development facilitate rapid
and uncomplicated implementation.
Based in New York, Praedea was established in 2002.
The Company has approximately 30 employees located in New
York and Kiev. Its executive team has over 90 years of
combined experience in the text-mining, financial services
and information industries and its outside directors and
advisors are highly-recognized and experienced industry
players.
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 .
This is a press release to the public and should not be
relied as information to make an investment decision by any
investor. Investors should read the Company's Annual
Securities Report for the year ended 2005 and consider the
risk factors together with other information contained
therein when making an investment decision. This press
release contains some forward-looking statements that
involve a number of risks and uncertainties. A number of
factors could cause actual results, performance,
achievements of the Company or industries in which it
operates to differ materially from any future results,
performance or achievements expressed or implied by these
forward-looking statements.
For more information, please contact:
Xinhua Finance
Hong Kong/Shanghai
Ms. Joy Tsang
Tel: +852-3196-3983, +852-9486-4364 or
+86-21-6113-5999
Email: joy.tsang@xinhuafinance.com
Japan
Mr. Sun Jiong
Tel: +81-3-3221-9500
Email: jsun@xinhuafinance.com
Taylor Rafferty (Media/IR Contact)
Japan
Mr. James Hawrylak
Tel: +81-3-5733-2621
Email: James.hawrylak@taylor-rafferty.com
United States
Mr. Ishviene Arora
Tel: +1-212-889-4350
Email: ishviene.arora@taylor-rafferty.com
Europe
Mr. John Dudzinsky
Tel: +44-20-7614-2900
Email: John.Dudzinsky@taylor-rafferty.co.uk
SOURCE Xinhua Finance
2007'02.04.Sun
German Publisher Axel Springer Chooses Smart Connection Enterprise
July 14, 2006
ZAANDAM, Netherlands, July 14 /Xinhua-PRNewswire/ --
One of the largest publishing companies in Germany has
decided to install WoodWing Software's(TM) industry-leading
Smart Connection Enterprise(TM) editorial solution at some
of its top magazines.
Axel Springer(TM) will begin this month using Smart
Connection Enterprise to publish the magazines Computer
Bild(TM), Computer Bild Spiele(TM) and AudioVideoFoto
Bild(TM), expecting the installation to be completed by
October.
"We're thrilled to have Axel Springer as a
WoodWing client," said Jeroen Sonnemans, Managing
Director of WoodWing Europe(TM).
"When the people at Axel Springer explained to us
what they were looking for, we knew that Smart Connection
Enterprise would be a perfect fit," said Urs Felber,
Managing Director of A&F. "It's such a powerful
and versatile editorial system, and we're confident that it
will improve their workflow and make their jobs
easier."
Axel Springer's publications join an international
roster of Smart Connection Enterprise customers that
continues to grow. Sonnemans said there are now publishers
in 16 countries and five continents using Smart Connection
Enterprise. There are close to 200 companies using the
Smart Connection Enterprise editorial system, making it one
of the most-installed editorial solutions in the world.
Smart Connection Enterprise is available in English, Dutch,
French, German, Italian, Japanese, Portuguese and Spanish
versions.
"There are publishers of all sizes and types
around the world using Smart Connection Enterprise -
magazines, newspapers, books and other companies,"
Sonnemans said. "Publishers have discovered that if
you're using InDesign(R), Smart Connection Enterprise is
the right choice."
For more information, please contact:
Patricia Borghaerts
Tel: +31-75-6701-236
Email: pr@woodwing.com
SOURCE WoodWing Software
2007'02.04.Sun
Will Logistics Considerations Limit Global Sourcing of Parts?
July 14, 2006
LONDON, July 14 /Xinhua-PRNewswire/ -- Leading
automotive executives like Dr Karl May, Vice President of
Logistics Planning and Transport Logistics at BMW are
predicting that logistics considerations are going to
seriously limit the global sourcing of parts.
With more and more North American OEMs and carmakers
starting to source from China, quality issues could become
the least of their worries. The North American automotive
industry is undergoing considerable upheaval at the moment
and Tier Ones and logistics companies are feeling the
repercussions. In addition to plant closures (and
openings), the flow of material into the US from Asia, and
China in particular, is increasing, and carmakers and LSPs
are struggling for capacity at ports, on the roads and the
railways. Can carmakers afford to compete for space with
Wal-Mart?
At Automotive Logistics Global, the forum for senior
automotive executives which takes place annually in Detroit
(Michigan), delegates will try to find solutions and derive
strategies to address these challenges within the North
American market.
The event has grown and developed into the exclusive
business meeting for global automotive logistics
executives. Automotive Logistics Global is regarded by many
industry players as a genuine business meeting where, most
importantly, new relationships are fostered and information
is exchanged.
The speaker list reads like a Who's Who in automotive
logistics and includes:
Charlie Hyndman, GM SPO
Tom McMillen, General Motors
Peter Weiss, DaimlerChrysler
Deb Schroeder, Toyota Engineering and Manufacturing
North America
Tony Minyon, Toyota Motor Sales, USA
Frederiek Toney, Ford
Jim Terry, DaimlerChrysler
Harry Chase, Hyundai Motor Manufacturing Alabama
Scott Jeffe, Volkswagen of America
Michael Silvio, Cooper-Standard Automotive
Bob Edge, ZF Industries
Emmanuel Boudon, HBPO North America
Julie Krehbiel, Union Pacific Railroad
The conference is supported by Ryder as premier
sponsor, Midwest Express Group, i2 and Panalpina as gold
sponsors and NYK Logistics, Tenmark, Union Pacific
Distribution Services and UPS as silver sponsors.
For more information, please contact:
Jeanine Leuckel
Marketing Manager
Ultima Media Ltd
Tel: +44-208-987-0967
Email: jeanine.leuckel@ultimamedia.org
SOURCE Ultima Media Ltd
2007'02.04.Sun
Digi Launches 'All in One' Console Server
July 14, 2006
New Digi Passport(TM) is the first to combine console management, IPMI and freeKVM(TM) in one easy-to-use interface
MINNETONKA, Minn., July 14 /Xinhua-PRNewswire/ -- Digi
International (Nasdaq: DGII) today announced the Digi
Passport, a powerful data center management device
combining console management, IPMI and remote KVM
functionality in one box. Unlike KVM over IP, which
establishes a wired video circuit-based connection to
connected systems, Digi's freeKVM provides a network-based
graphical connection that consumes less network bandwidth
and is free of distracting mouse synchronization delays.
The integration of this functionality in a single device can
reduce data center hardware management costs by as much as
seventy-five percent when compared to traditional
hardware-based KVM over IP solutions.
"The Digi Passport provides a unique level of
versatility in a single box," said Larry Kraft, senior
vice president of sales and marketing, Digi International.
"Its ability to provide multiple connection methods to
managed systems and automate common administrative tasks
simplifies the lives of IT personnel. The integrated KVM
capabilities can eliminate the need for complex KVM over IP
hardware that costs three to five times as much."
Designed to reduce workload on data center managers,
the Digi Passport provides advanced automation tools and
operating reliability. Perl language support enables
customized log searching and event notification and allows
users to automate many device management tasks. Dual
Ethernet ports and optional dual power sources and/or
internal modem provide the redundancy to ensure reliable
access to remote equipment in the event of a network outage
or other emergency. The automation and analysis
capabilities as well as the broad redundancy options give
administrators added tools to support regulatory compliance
in the data center.
In addition, the Digi Passport provides native support
for next generation IPv6. A USB port and a PC Card slot
offer expandability. The Digi Passport will be available
with 8, 16, 32 and 48 ports (all 1U rack-mountable) as well
as a smaller 4 port model.
With freeKVM the Digi Passport enables remote access to
the graphical desktops of managed systems. Users can access
and control any system using Microsoft's Remote Desktop
Protocol (RDP), Virtual Network Computing (VNC) or XManager
for Unix as well as other user-defined methods. It allows
users to establish a secure connection end-to-end from the
administrator's workstation to the connected system.
freeKVM is standard on the Digi Passport at no additional
cost, giving administrators complete access to all their
servers and network devices in a solution that is a
fraction of the cost of that offered by traditional KVM
over IP vendors.
"freeKVM gives users the ability to access the
graphical desktops of connected systems and perform
application level tasks without the cost, network overhead
and mouse synchronization delay associated with KVM over
IP," Kraft added. "No additional hardware or
central management equipment is required."
The Digi Passport will be available in late July, 2006.
For more information about the Digi Passport, visit
http://www.digi.com/products/consoleservers/digipassport.jsp
.
About Digi International
Digi International, based in Minneapolis, makes device
networking easy by developing products and technologies
that are cost effective and easy to use. Digi markets its
products through a global network of distributors and
resellers, systems integrators and original equipment
manufacturers (OEMs).
For more information, visit Digi's Web site at
http://www.digi.com , or call 877-912-3444.
All brand names and product names are trademarks or
registered trademarks of their respective companies.
For more information, please contact:
Lucy Hou
Marketing Communication Specialist, China
Digi International
Rm 16B12, 16F, Hanwei Plaza, No.7 Guanghua Road,
Chaoyang District, Beijing 100004, China
Tel: +86-10-6561-8310 x12
Fax: +86-10-6561-8152
Web: http://www.digi.com.cn
SOURCE Digi International
2007'02.04.Sun
Sidley Austin Trial Lawyer and Arbitration Partner Moves to Hong Kong
July 14, 2006
HONG KONG, July 14 /Xinhua-PRNewswire/ -- International
law firm Sidley Austin has announced that partner, ALLEN C.
KIM, has relocated to the firm's Hong Kong office. Mr. Kim
is an experienced litigator who has spent more than fifteen
years practicing in the United States, specializing in
complex litigation and international arbitration. Sidley's
Hong Kong office has significant experience in
representing Asia-based clients in multi-jurisdictional
litigation and in international arbitration, and Mr. Kim
will be active in further developing such practices in the
region.
Mr. Kim has been resident in Sidley's Los Angeles
office and he has handled numerous complex cases, both in
court and in arbitration. He has extensive experience in
handling disputes arising out of international joint
ventures, mergers and acquisitions, intellectual property
license and technology transfer agreements, as well as in
matters involving securities, RICO and mass tort class
actions.
As an experienced trial lawyer, Mr. Kim has
successfully completed numerous jury and bench trials, as
well as several lengthy commercial and international
arbitration hearings. The representative clients for whom
he has recently handled international arbitration and
litigation matters include, among others, LG group
companies, Samsung group companies and General Electric,
and his recent cases (in the last three years) include:
-- Obtained a favorable arbitration award against one
of the largest
medical device companies in the world, in a dispute
arising out of a
"staged acquisition" agreement where the
claims and counter claims
asserted included complex fraud and antitrust
issues, as well as
contract-based ones. After a lengthy hearing, the
Firm client, an
Asia-based technology start-up company, was awarded
over $64 million on
its claims, granted forgiveness of over $18 million
in loans, and
exonerated on all of the counter-claims asserted.
Most significantly,
the Final Award returned to the client control and
ownership of all of
its intellectual property, which it had licensed to
the U.S. medical
device company.
-- Secured a favorable defense award on behalf of an
affiliate of a large
Korean conglomerate, in an International Chamber of
Commerce (ICC)
arbitration held in Paris, France against a Saudi
company. The Saudi
company had sought over $40 million in damages
claiming bad faith
breach of an exclusive agency agreement.
-- Successfully represented a client against a major
agricultural
equipment manufacturer based in Japan in a trademark
and trade dress
infringement action brought in U.S. district court.
The Japanese
company/plaintiff sought over $35 million in damages
and a permanent
injunction. Before the jury could render its
verdict, the Japanese
plaintiff offered to settle and the client favorably
settled, paying no
money in settlement.
-- Successfully represented one of Korea's largest
commercial banks in
three suits against the Bank asserting securities,
RICO, and common law
fraud claims and seeking $1.2 billion damages
arising from banking
transactions allegedly misrepresented to
participants in
stock-for-stock mergers, obtaining dismissal in the
District Court and
affirmance by the Second Circuit. The lawsuits arose
out of the failure
of Learnout & Hauspie, the then largest
bankruptcy in Europe, and
alleged accounting fraud in Learnout & Hauspie
Korea Co., Ltd. Our
successful representation in these cases required
closely working with
various teams of Korean and Belgian lawyers and
experts, as well as
coordinating multi-jurisdictional litigation efforts
in Belgium, Korea
and the U.S.
Mr. Kim is fluent in Korean and has worked throughout
his career with a number of Asian companies, including
Korean, Japanese and Chinese multi-national companies.
Mr. Kim's presence in Hong Kong will help serve the
dispute resolution needs of Sidley's expanding client base
in the region, a client base which includes a number of
Asian multinational corporations. In particular,
Mr. Kim's broad experiences with Korean conglomerates
("chaebols"), Korean financial institutions, and
Korean government agencies will add a significant strength
to nine full-time dedicated dispute resolution lawyers in
Hong Kong.
William O. Fifield, Sidley's managing partner of the
firm's Greater China offices, commented, "We are
delighted that Allen has joined us in Hong Kong. He brings
to the region a wealth of experience, complementing both
the litigation and international arbitration practice and
the Korean practice."
"In a global business environment, we know that to
truly be a full-service law firm, we need to provide
first-class legal advice on the contentious matters that
our Asian clients face, in addition to advising them on
transactional matters. With Allen based in Hong Kong, we
will be able to serve our clients much more effectively and
efficiently."
Mr. Kim said, "I am very pleased to be joining the
firm's highly-respected litigation practice in Hong Kong and
am looking forward to building upon the momentum that my
colleagues, partner Bill Fifield and counsel, Charles Allen
have begun. Our Asian litigation practice also teams with
our U.S. litigation practice and my move will enhance that
effort."
As Mr. Kim joins other Korean-speaking lawyers based in
the Hong Kong office, Sidley's top-tier Korea practice* is
gaining recognition as being a one-stop legal service
provider for Korean multinationals and government agencies.
Notes for Editors
Sidley is one of the world's largest full-service law
firms, with more than 1,600 lawyers practicing in 15
offices. More than 600 of the lawyers in the firm devote
their practices to litigation, regularly appearing in trial
and appellate courts and in arbitration proceedings
conducted throughout the world.
In Asia, Sidley has one of the leading contentious
practices in the region. The litigation group in Hong Kong
is dedicated to resolving contentious matters and operate
across a truly varied range of industry sectors,
representing clients on commercial litigation,
international arbitration and other forms of dispute
resolution throughout Asia. The group's work includes
corporate and commercial dispute resolution, including U.S.
securities disputes, stock exchange, SEC, SFC and other
regulatory investigations as well as intellectual property,
insolvency, antitrust, construction, insurance, shipping,
international trade, employment, and personal injury
matters.
*Asia-Pacific Legal 500, 2005/6, Korea section:
"Sidley Austin impresses with the variety and volume
of work handled by its growing Korea practice."
Chambers Global, 2006, Korea section: "excellent
litigation and arbitration work for which the team is
gaining quite a following in the wake of a string of
notable successes."
Asian In-House Handbook, 2003/4, Hong Kong section:
"[the] litigation team at Sidley Austin is respected
for its depth of expertise."
Sidley Austin LLP, a Delaware limited liability
partnership, operates in affiliation with other
partnerships, including Sidley Austin LLP, an Illinois
limited liability partnership, Sidley Austin, an English
general partnership (through which the London office
operates) and Sidley Austin, a New York general partnership
(through which the Hong Kong office operates). The
affiliated partnerships are referred to herein collectively
as Sidley Austin, Sidley or the firm.
For more information, please contact:
Allen C. Kim
Partner
Tel: +852-2509-7872
Email: akim@sidley.com
Lisa Kong
Marketing Manager
Tel: +852-2509-7899
Email: lkong@sidley.com
SOURCE Sidley Austin
2007'02.04.Sun
Sidley Austin Elevates Jason Elder to Partnership in Hong Kong, 37 Throughout Firm
July 14, 2006
New Partner in Hong Kong Practices U.S. Corporate Law
HONG KONG, July 14 /Xinhua-PRNewswire/ -- Jason T.
Elder, a lawyer in the Hong Kong office of Sidley Austin is
among the 37 associates and counsel elevated to partnership
in the firm, which now has 575 partners in offices in the
United States, Europe and Asia. Mr. Elder became a
partner, practicing in Sidley's U.S. Corporate Group,
effective July 1.
"Jason is an exceptional lawyer, and we are proud
to have him represent the firm," said Thomas A. Cole,
chair of the firm's Executive Committee. "Jason
embodies our exacting standards of quality and
collegiality."
"Jason has contributed to our continued growth in
Hong Kong, specifically, handling complex securities
transactions," said William O. Fifield, Sidley's
Managing Partner in the Greater China Region and a member
of the firm's Executive Committee. "We congratulate
him on his new role as a firm partner."
Jason T. Elder, 33, has extensive experience with a
variety of corporate finance transactions, particularly
global offerings of equity securities and a range of
high-yield, hybrid and structured debt products. In
addition, Mr. Elder has experience with early-round private
equity financing and cross-border mergers and acquisitions
gained from transactions in the United States and Asia. He
advises clients throughout the Asia-Pacific region,
including mainland China, Hong Kong, India, Indonesia,
South Korea and Taiwan.
Mr. Elder has worked on numerous corporate finance
transactions, including several award-winning deals,
throughout the region:
- AA Investments Company Limited, a special-purpose
vehicle for the
acquiror management team, in connection with its
issuance of
US$535,000,000 Senior PIK Notes due 2012 and warrants
in connection with
a "going private" transaction involving
Asia Aluminum Holdings Limited,
a company formerly listed on The Stock Exchange of
Hong Kong Limited and
the largest manufacturer of aluminum extrusion
products in the PRC, as
well as Asia Aluminum in connection with its
high-yield debt issue of
US$450,000,000 8.00% Senior Notes due 2011;
- Merrill Lynch, Pierce, Fenner & Smith
Incorporated and PT Danatama
Makmur in connection with the issuance of
US$600,000,000 7.134% Series
2005-1 Notes due 2012 by IndoCoal Exports (Cayman)
Limited as structured
export notes backed by receivables generated by PT
Kaltim Prima Coal and
PT Arutmin Indonesia, which was named "Best
International Securitization
and Most Innovative Deal 2005" by FinanceAsia
and "Securitization Deal
of the Year and Indonesian Capital Markets Deal of
the Year 2005" by
International Financing Review Asia; and
"Securitization Deal of the
Year 2005" by International Financial Law
Review;
- PT Indosat Tbk, one of Indonesia's leading
telecommunications providers
and second-largest cellular operator, in connection
with two separate
high-yield debt offerings by its finance subsidiaries
of US$250,000,000
7.125% Guaranteed Notes due 2012 and US$300,000,000
7.75% Notes due
2010, which issue marked PT Indosat Tbk's first
international debt
offering and received Asiamoney's "Deal of the
Year 2003 - Best Sub-
Investment Grade Bond";
- China International Capital Corporation and Merrill
Lynch Far East
Limited, as joint global coordinators, in connection
with the initial
public offering of Air China Limited, the national
flag carrier of the
People's Republic of China, raising approximately
US$1,237,000,000 with
a dual listing on The Stock Exchange of Hong Kong
Limited and the London
Stock Exchange; and
- The Government of the Hong Kong Special
Administrative Region in
connection with its initial sovereign debt issuance
of US$1,250,000,000
5.125% Notes due 2014 as part of a US$2.5 billion
offering involving
Hong Kong institutional and retail tranches.
Mr. Elder, who had been an associate, received his J.D.
from the University of Oregon School of Law. He received
his B.A. from Northwestern University. Mr. Elder is
admitted to practice in New York and has been based in
Sidley's Hong Kong office since 2001.
Further strengthening Sidley's Asia regional practice,
Mr. Elder's election brings the number of partners in Asia
to 16, 11 of whom are based in Hong Kong. The firm now has
over 80 lawyers based in its five offices in the region:
Beijing, Hong Kong, Shanghai, Singapore and Tokyo.
Sidley also named the following to partnership in our
other offices: Chicago - David B. Barlow, Donald B.
Bingham, Paul S. Caruso, Marc A. Cavan, Matthew A.
Clemente, Kurt R. Gearhart, David A. Gordon, Eric H. Grush,
Bradley D. Howard, Mark R. Kirsons, Kevin R. Pryor, Courtney
A. Rosen and Scott D. Stein; Los Angeles- Jeffrey E. Bjork,
Max C. Fischer, Brian C. Flavell, Jonathan M. Kaplan and
Amy P. Lally; New York - Jacob J. Amato III, R. J. Carlson,
Nicholas P. Crowell, Angelica Kwan, Prabhat K. Mehta, James
C. Munsell and Gabriel Saltarelli; Washington, D.C. -
Steven T. Cottreau, Coleen Klasmeier, Colleen M. Lauerman,
Jennifer Haworth McCandless, Stephen M. Nickelsburg,
Christopher T. Shenk, Leslie A. Shubert, David A. Steffes
and Rebecca K. Wood; and London - Leonard W. Ng and
Jonathan Wallace.
Notes to Editors
Sidley Austin LLP is one of the world's largest
full-service law firms, with more than 1,600 lawyers
practicing in 15 cities including Beijing, Brussels,
Frankfurt, Geneva, Hong Kong, London, Shanghai, Singapore
and Tokyo. Sidley was named the Number One-Ranked U.S. Law
Firm for Overall Client Service in 2002 and 2004 in surveys
of Fortune 1000 executives by BTI, a Boston-based consulting
and research firm. In 2005, BTI named Sidley to their
Client Service Hall of Fame as one of only two law firms to
rank in the Client Service Top 10 for five years in a row.
Sidley was also ranked Number One in the 2006 BTI Client
Relationship Scorecard, which also noted Sidley's
"growing prominence in the global arena." Sidley
received the 2005 Catalyst Award in recognition of the
firm's initiative to recruit, retain and advance diverse
talent.
In Asia, lawyers in the Corporate Finance team advise
clients on U.S., Hong Kong and English law in connection
with all types of equity, debt and equity-linked
transactions, including SEC-registered offerings in the
United States, international securities offerings pursuant
to Rule 144A and Regulation S governed by U.S. and English
law, The Stock Exchange of Hong Kong Main Board and Growth
Enterprise Market (GEM) listings, and issuances involving
the creation of ADR or GDR programs. The team also advises
on private equity transactions, leveraged financing,
mergers and acquisitions and joint ventures.
In 2005, Sidley ranked first in relation to the number
of transactions advising issuers and first (tied) in
relation to the number of transactions advising
underwriters for listings on The Stock Exchange of Hong
Kong Mainboard. (Asian Legal Business).
Sidley Austin LLP, a Delaware limited liability
partnership, operates in affiliation with other
partnerships, including Sidley Austin LLP, an Illinois
limited liability partnership, Sidley Austin, an English
general partnership (through which the London office
operates) and Sidley Austin, a New York general partnership
(through which the Hong Kong office operates). The
affiliated partnerships are referred to herein collectively
as Sidley Austin, Sidley or the firm.
For more information, please contact:
Janet Zagorin
Sidley Austin
Tel: +1-212-839-8797
Email: jzagorin@sidley.com
Adam Isserlis
Rubenstein Associates
Tel: +1-212-843-8024
Email: aisserlis@rubenstein.com
SOURCE Sidley Austin
2007'02.04.Sun
W.P. Stewart & Co., Ltd. Invites You to Join Its Second Quarter 2006 Conference Call
July 13, 2006
HAMILTON, Bermuda, July 13 /Xinhua-PRNewswire/ -- W.P. Stewart & Co., Ltd. will announce earnings results for the second quarter of 2006 on Thursday, 27th July, 2006 in a press release that will be issued at 8:00 a.m. (EDT). The press release also will be available on the Company's website at http://www.wpstewart.com . In conjunction with the second quarter earnings release, John C. Russell, President and Chief Executive Officer, will be hosting a conference call at 9:15 a.m. (EDT). Complete details to participate in the conference call are as follows: What: W.P. Stewart & Co., Ltd.'s Second Quarter 2006 Earnings Release When: Thursday, 27th July, 2006 9:15 a.m. (EDT) - 10:00 a.m. (EDT) How: By teleconference, dial: 1-888-858-4723 (within the United States) + 973-935-8508 (outside the United States) Password: "W.P. Stewart" Or: Visit our website at http://www.wpstewart.com and click on the Investor Relations tab for a link to the webcast (Minimum requirements to listen to the Internet broadcast: RealPlayer software and at least a 28.8 kbps connection to the Internet. RealPlayer is downloadable at no charge on a trial basis from http://www.real.com/player . You should complete your download well in advance of the Internet broadcast. If you experience problems listening to the Internet broadcast, please send an e-mail to webcastsupport@tfprn.com .) The teleconference will be available for replay from Thursday, 27th July, 2006 at 12:00 noon (EDT) through Friday, 28th July, 2006 at 5:00 p.m. (EDT). To access the replay, please dial 1-877-519-4471 (within the United States) or + 973-341-3080 (outside the United States). The PIN number for accessing this replay is 7600706. You will be able to access a replay of the Internet broadcast through Thursday, 3rd August 2006, on the Company's website at http://www.wpstewart.com . The Company will respond to questions submitted by e-mail, following the conference. W.P. Stewart & Co., Ltd. is an asset management company that has provided research-intensive equity management services to clients throughout the world since 1975. The Company is headquartered in Hamilton, Bermuda and has additional operations or affiliates in the United States, Europe and Asia. The Company's shares are listed for trading on the New York Stock Exchange (NYSE: WPL) and on the Bermuda Stock Exchange (BSX: WPS). For more inofmation, please contact: W.P. Stewart, Investor Relations, Fred M. Ryan Tel: +1-441-295-8585 Email: IRINFO@wpstewart.com Web: http://www.wpstewart.com SOURCE W.P. Stewart & Co., Ltd.
2007'02.04.Sun
Motorola Launches Global Flagship Stores With Shanghai Opening
July 13, 2006
China Location is First Step in Global Effort to Help Consumers get More out of Their Products
SHANGHAI, China, July 13 /Xinhua-PRNewswire/ --
Motorola, Inc. (NYSE: MOT) a global leader in wireless
communications, today launched a worldwide initiative to
open Motorola branded stores in key markets with the
opening of its first "Global Flagship Store" in a
busy shopping area in downtown Shanghai.
Applying the same kind of innovative design approach
that distinguishes Motorola's award-winning mobile
handsets, Motorola Flagship Stores feature a unique,
interactive layout, highly trained staff, phone
customization and experience pods. All are intended to
create a deeply experiential environment that incorporates
Motorola's full product range and bring to life Motorola's
vision of seamless mobility -- anytime, anywhere.
"Motorola's Flagship Stores are designed to help
consumers get more out of their Motorola products,
beginning with an enhanced purchase experience and
continuing throughout the time they own the tools for
connection and communication," said Motorola's Jeremy
Dale, vice-president of retail marketing. "We believe
that through personalized service, an innovative and
engaging retail environment, and a broad presence of these
stores in the market, we offer a truly seamless consumer
experience and will drive overall sales of the entire
Motorola product family."
Motorola has spent the last two years deeply engaged in
a global research and development effort around the new
retail concept, and as a result has come up with an
approach that is centered around the consumer.
Fun is a core element of the stores, offering users an
opportunity to personalize their phones using laser etching
and customized "phone tattoos," as well as unique
in-store training programs and on-site factory authorized
technicians to aid with questions and any necessary
service.
Beyond the Motorola Flagship Stores themselves,
Motorola is planning on taking advantage of the modular
nature of the Flagship Store design to launch
"store-in-store" shops and non-flagship stores.
"The key elements of the Motorola Flagship Store
are modular, scalable, and flexible, ensuring that various
incarnations of our signature store design will soon be
found in stores worldwide," said Dale. "Motorola
will only launch flagship stores, stores or
"stores-in-stores" if it benefits our customers
and partners who will be opening and operating the
stores."
The Shanghai Motorola Flagship Store is the first of
four planned for mainland China, with additional key
locations throughout Asia and around the world to follow.
"Chinese consumers are as sophisticated as any
consumers in the world," said Michael Tatelman,
Motorola corporate vice president and general manager
Mobile Devices, North Asia. "Launching our Flagship
stores in China not only gives us the opportunity to become
the brand of choice for China's sophisticated consumers, it
also gives us a unique opportunity to hone the retail
concept for markets worldwide."
"Motorola's goal with the Flagship Stores is
nothing short of the reinvention of mobile retail culture
and the transformation of the consumer experience, and our
mission has always been to help people realize their human
potential through the power of technology" said
Tatelman. "The Flagship Stores are a superb
opportunity to bring our vision of seamless mobility to
life for consumers in a way that is experiential, human,
and fun."
About Motorola
Motorola is known around the world for innovation and
leadership in wireless and broadband communications.
Inspired by our vision of Seamless Mobility, the people of
Motorola are committed to helping you get and stay
connected simply and seamlessly to the people, information,
and entertainment that you want and need. We do this by
designing and delivering "must have" products,
"must do" experiences and powerful networks --
along with a full complement of support services. A
Fortune 100 company with global presence and impact,
Motorola had sales of US $36.8 billion in 2005. For more
information about our company, our people and our
innovations, please visit http://www.motorola.com .
For more information, please contact:
Carolyn Wu
Motorola, Inc.
Tel: +86-6564-1018
Email: Carolynwu@motorola.com
Shannon Swallow
Tel: +1-847-668-7086
Email: shannons@motorola.com
SOURCE Motorola
2007'02.04.Sun
The 10th China International Fair for Investment & Trade -- `Matchmaking Symposium for Investment Project' Held in Xiamen
July 13, 2006
XIAMEN, China, July 13 /Xinhua-PRNewswire/ -- As part
of the 10th China International Fair for Investment &
Trade -- "Matchmaking Symposium for Investment
Project," will be held in Xiamen International
Convention & Exhibition Center on September 7, 2006;
authorized by the State Council; sponsored by the Ministry
of Commerce of the People's Republic of China; co-sponsored
by UNCTAD, UNIDO, OECD, IFC and WAIPA; and undertook by
Beijing Fortune Chan Investment Consulting Co. Ltd.
The China International Fair for Investment & Trade
was approved by UFI (the Global Association of the
Exhibition Industry), and is the world's largest
international investment promotion event aiming at
bilateral trade. With themes of "Introducing
FDI" and "Going Global," CIFIT is
characterized by its focus on investment negotiation
between capital and projects all over the internal and
external market. CIFIT has received high-praise from
investors and program owners. During the last 9 sessions,
11,363 investment cooperative projects were signed with a
contractual foreign capital of USD 60.098 billion.
CIFIT was highly praised by the Secretary General of
UNCTAD, Mr. Supachai Panitchpakdi, "In the past 10
years, CIFIT's latest sessions, have reaped a fruitful
harvest, attracting participation from a continual influx
of foreign businesses around the world to share business
opportunities through this platform. This session of CIFIT
is efficient and successful. As a co-sponsor of the CIFIT,
UNCTAD will consistently support this grand international
meeting and deliver strong support to the overall
development of China's economy."
The "Matchmaking Symposium for Investment
Project" is one of the most important seminars of
CIFIT, which is a large-scale event with numerous visitors
taking part, including 31 provinces and autonomous regions,
governments of municipalities, national business
associations, as well as key foreign bureaus and
organizations.
At present there are more than 20,000 projects with
resources related to a total of more than 100 industries.
These include the construction of gymnasiums, shopping
malls, natural resource plants and environmental bases; the
development of tourism and entertainment industries; as well
as biology and medicine programs.
The "Matchmaking Symposium for Investment
Project" is undertaken by Beijing Fortune Chan
Investment Consulting Co. Ltd and they provide the exact,
complete investment and financing opportunities and
up-to-date, credible information and policies to investors
and project units. To see related news please check
http://www.chinafair.org.cn , or contact the committee
directly at +86-10-8446-6672.
About the Committee of the Matchmaking Symposium for
Investment Project
The Committee of the Matchmaking Symposium for
Investment Project is composed of the International
Exhibition Department of Beijing Fortune Chan Investment
Consulting Co. Ltd. and the Committee of CIFIT. Their main
responsibility is to contact the related units and prepare
the fore work for the fair. They have an experienced team
who specialise in numerous areas and who work as a team in
order to provide the best opportunities for the development
of China's investment and financing business.
For more information, please contact:
Jean Xiong
Beijing Fortune Chan Investment Consulting Co. Ltd.
Tel: +86-10-8446-6672
Fax: +86-10-8446-6671 x6832
Email: ifm@fci.cc
SOURCE Committee of the Matchmaking Symposium for
Investment Project
2007'02.04.Sun
Cohen & Steers Inc. to Open London Office and Appoints Leonard Geiger Director of European Research
July 13, 2006
NEW YORK, July 13 /Xinhua-PRNewswire/ -- Cohen &
Steers, Inc. (NYSE: CNS) announced today that Leonard
Geiger, CFA will join its global real estate securities
team as senior vice president and director of European
research. Mr. Geiger has 14 years investment experience,
most recently at CBRE Global Real Estate Securities as
senior portfolio manager and director, pan-European
property securities. Mr. Geiger has a BA from Middlebury
College, an MA in International Affairs from Columbia
University and an MBA from Columbia Business School.
"We are pleased that Leonard has decided to join
our team of 30 investment professionals focused on global
real estate securities," said Robert H. Steers,
co-chief executive officer of Cohen & Steers. "We
are seeing an acceleration in investor interest in global
real estate securities, and we are committed to allocating
significant resources to this growing market."
Mr. Geiger will be based in our London office,
scheduled to open in the third quarter of 2006. He will
focus on the United Kingdom and European real estate
securities markets and will work closely with the firm's
global investment team located in New York, Brussels and
Hong Kong. The addition of Mr. Geiger demonstrates Cohen
& Steers' commitment to building the preeminent global
real estate securities investment team in order to
capitalize on the structural change occurring in Europe and
Asia through increased REIT legislation and securitization
of the real estate asset class.
Gerios Rovers, portfolio manager and director of Cohen
& Steers' Brussels-based affiliate, Houlihan Rovers,
S.A. said, "We expect to continue to add to our
investment team in Europe as the adoption of REITs in the
U.K., and potentially Germany, drives growth in our
investment universe of public real estate companies."
About Cohen & Steers. Cohen & Steers is a
manager of high-income equity portfolios, specializing in
U.S. REITs, international real estate securities, preferred
securities, utilities and large cap value stocks.
Headquartered in New York City, the firm serves individual
and institutional investors through a wide range of
open-end funds, closed-end funds and separate accounts.
For more information, please contact:
Joseph Harvey, President
Cohen & Steers, Inc.
Tel: +1-212-446-9121
Web: http://www.cohenandsteers.com
SOURCE Cohen & Steers, Inc.
2007'02.04.Sun
Grey's Specialized Marketing Capabilities Align Under G2 Brand
July 13, 2006
Direct, Branding & Design, Interactive, Promotional Marketing, Trade & Shopper Marketing Services Unified in Global Network
SHANGHAI, China, July 13 /Xinhua-PRNewswire/ -- Grey's
network of global specialized marketing services in direct
marketing, branding and design, interactive, promotional,
trade, and shopper marketing has aligned under the G2
brand, it was announced today. With 86 offices extending
across 42 countries, G2 will be headquartered in New York
under the management of Global Chairman & CEO, Joe
Celia.
(Photo:
http://xprnnews.xfn.info/Grey/20060713/mikeamour.htm )
Celia said, "This is the next phase in our
continuing strategy for building global, best-in-class
specialized marketing capabilities. We've been developing
our expertise in these disciplines for over 20 years, and
in 2002 we established a global management structure for
this group to provide a more synchronized offer to clients.
Today we are taking the next step and aligning our
portfolio of leading agencies under the G2 brand."
Celia added, "Bringing this group under a unified
global brand enables us to field a combined offer, unique
to our range of capabilities."
"While mass media advertising remains the most
powerful way to generate consumer awareness and brand
consideration, we are finding that in today's increasingly
competitive marketplace clients are seeking deeper, more
interactive communication solutions for their brands,"
said Celia. "The G2 group of companies is dedicated to
what we call 'Activation Marketing.' Every communication
solution that we deliver is designed to create some level
of action or interaction with the consumer. That is the
thread that holds us together and that is our single
focus."
"In addition, a unified G2 network means we are
better positioned for seamless integration with our sister
company, Grey Worldwide, and their best-in-class
advertising practice when clients are looking for a total
communication solution, but can also work independently
with clients when necessary," Celia said. "This
alignment helps our network collaborate more closely --
both regionally and globally -- to develop
multidisciplinary brand communication solutions for
clients, enabling us to share innovative resources and
tools, and leverage our collective expertise more
effectively."
The G2 branding transition is expected to be completed
by the end of summer 2006. In North America this will
include such renowned agencies as Grey Direct and Grey
Interactive. Outside of the United States this includes
leading agencies as Joshua in the UK, argonauten360¢X in
Germany, Grrrey! in France, Grey Zest in Brazil, Grey
Relationship Marketing in China and Grey3 in Australia,
representing an array of global market-leaders across the
full spectrum of brand communications beyond advertising.
G2 recently added Ramada, Shell and Bristol-Myers
Squibb in North America, Mercedes-Benz, Levi's and 3M in
Latin America, and Research in Motion (RIM) in the Pacific
Rim to its client roster, and has been awarded significant
additional business from existing global clients Mars, The
Coca-Cola Company, Procter & Gamble, The Absolut
Spirits Company, Nokia and Adobe.
Mike Amour, Chairman and CEO/Asia Pacific Grey Global
Group said, "This rebranding helps us more powerfully
convey the force of 24 specialist activation marketing
companies we have in 19 cities across 16 Asian countries.
Together, they provide deep and wide services to brand
owners such as BAT, P&G, Volkswagen, Microsoft, AXA and
Nokia among others. With our advertising company Grey
Worldwide, and consumer insights through our proprietary
research such as Eye on Asia(TM), we provide original,
integrated solutions for our clients that communicate with
consumers in fresh, effective ways." The G2
operations in Asia Pacific will report to Amour as part of
Grey's overall group offer.
About G2
G2 is a leading global network of specialist marketing
services companies dedicated to activation marketing and
brand communications beyond advertising. Using deep
marketplace and consumer insights and analytics, innovative
marketing techniques and emerging media and technologies, G2
elevates a brand's communications across multiple
touchpoints to achieve relevancy and impact. G2 provides
direct marketing, branding and design, interactive,
promotional marketing, trade and shopper marketing and data
analytics to build our clients' brands and businesses. With
86 offices in 42 countries around the world, clients
include: Adobe, The Coca-Cola Company, Procter &
Gamble, The Absolut Spirits Company, Kodak, Nokia,
GlaxoSmithKline, Mars, Kraft, Pfizer and Volkswagen. G2 is
a partner company of Grey Global Group and part of the WPP
Group (Nasdaq: WPPGY).
About G2 Asia
G2 companies are located in 19 cities across 16
countries in the Asia Pacific region: Sydney, Melbourne,
Dhaka, Shanghai, Beijing, Hong Kong, Bangalore, New Delhi,
Jakarta, Tokyo, Seoul, Kuala Lumpur, Auckland, Karachi,
Singapore, Colombo, Taipei and Bangkok. The companies'
clients include BAT, Volkswagen Audi, GE Money, Diageo
Guinness, Procter & Gamble, Amway, Microsoft, AXA and
Nokia. The caliber of these companies' work has been
widely recognized, most recently taking top prizes at the
Promotional Marketing Awards of Asia, Greater China CRM and
the Asian Marketing Effectiveness Awards.
Attachments (
http://xprnnews.xfn.info/Grey/20060713/mikeamour.htm ):
-- Photo, Mike Amour, Chairman & CEO/Asia Pacific,
Grey Global Group
-- The new G2 logo
For more information, please contact:
Li Jian Hong
Grey Worldwide Beijing
Tel: +86-21-8518-1988 x140
Email: jhli.bj@grey.com.hk
Susan Reingold
Grey Global Group Asia Pacific
Direct tel: +852-2510-6641
Email: susan.reingold@greyapac.com
SOURCE Grey Global Group
2007'02.04.Sun
SHANGHAITEX 2006 Closes Successfully
July 13, 2006
SHANGHAI, China, July 13 /Xinhua-PRNewswire/ --
Shanghai International Exhibition Co., Ltd. announced today
that the four-day SHANGHAITEX 2006 closed successfully. The
event was held at the new Shanghai International Exhibition
Center, and officially closed on July 8. Over 700
companies from 19 countries and regions attended the
exhibition, including two delegations from America and
Taiwan. The exhibition space exceeded 50,000 square
meters.
SHANGHAITEX 2006 integrates the resources of a series
of professional textile exhibitions by turning them into
one large professional show for the first time, which
includes the Shanghai International Garment Industry
Exhibition, Shanghai International Knitwear Industry
Exhibition and China (Shanghai) International Textile
Equipment Exhibition. After their integration, the
exhibition is now more professional and more focused on
facilitating exhibitors to make choices in line with the
specific situations and time arrangements. As a result,
huge manpower and financial resources are saved and the
exhibition efficiency and results are also greatly
enhanced.
The exhibition witnessed 50,493 attendees from 47
countries and regions and 26 Chinese provinces, autonomous
regions and municipalities directly under the Central
Government, including 2,937 overseas professionals. A
total of 83 reporters, including 29 overseas reporters,
reported on events at the exhibition.
Deals made on site, during the exhibition, were very
satisfactory. Upon closure, the import and export volume
had reached USD20 million, and the domestic trade concluded
on site was RMB550 million. Deals for other equipment are
also still under negotiation.
The 13th SHANGHAITEX will be staged in June 2007, with
a new increased area of 120,000 square meters.
About Shanghai International Exhibition Co., Ltd.
(SIEC)
Shanghai International Exhibition Co., Ltd. (SIEC) is
jointly invested by Shanghai World Expo (Group) Co., Ltd.
and the Council for the Promotion of International Trade,
Shanghai. The SIEC was founded on July 1st, 1984 with the
approval of the Ministry of Foreign Trade & Economic
Cooperation and the People's Government of Shanghai
Municipality.
The SIEC is a full member of Union des Foires
Internationales (UFI). The SIEC has held 500 international
exhibitions of various themes and sizes. It also has
successfully held a number of solo exhibitions at national
level.
"AUTO SHANGHAI," "SHANGHAITEX,"
"CHINA CYCLE," "FASHION SHANGHAI,"
"ELE/PT COMM CHINA" are among the first eight
exhibitions approved excellent by THE EVALUATION COMMITTEE
OF SHANGHAI CONVENTIONAL & EXHIBITION INDUSTRIES.
For further information, please contact:
Dai Xianjun
Show Manager
Add: 8/F, OOCL Plaza, 841 Yan An Zhong Road,
Shanghai 200040, China
Tel: +86-21-6279-2828
Fax: +86-21-6545-5124
Email: info@siec-ccpit.com
Web: http://www.siec-ccpit.com
SOURCE Shanghai International Exhibition Co., Ltd.
2007'02.04.Sun
Atmel Launches Small LF RF IDIC With Unique ID for Access Control Applications
July 12, 2006
Optimized for Next-Generation ISO Cards and Key Fobs
HEILBRONN, Germany, July 12 /Xinhua-PRNewswire/ --
Atmel(R) Corporation (Nasdaq: ATML), a global leader in the
development and fabrication of advanced semiconductor
solutions, announced today the availability of its ATA5567
small-sized 330-bit read/write transponder IDIC(R) with
unique ID, which is optimized for next-generation
access-control ISO cards and key fobs as used in access
control systems (hotel rooms, engineering departments and
offices, time recording systems, parking lots) and as
membership cards. Since the device uses low frequency (LF),
it can be used worldwide; it is insensitive to rugged
environments and can also be used in less-than-ideal
conditions (wet, dirty, shielded by metal, out of sight, or
worn on the body) which normally complicate the use of RFID
devices.
The ATA5567 is extremely small. Including an optional
75-pF on-chip capacitor, it measures less than 1 square
millimeter, smaller than most of the available read/write
products on the market, allowing it to be used in almost
any transponder package.
As the ATA5567's reset behavior fits perfectly to the
reader devices available on the access control market, the
IC is well-suited for next-generation ISO cards and key
fobs. Furthermore, the IDIC provides a
manufacturer-programmed unique ID that guarantees the end
customer the singularity of this product, to prevent
unauthorized access to secured areas. Also, the unique ID
enables the retraceability of the product in case of
problems with illegal duplicates or counterfeiting.
The transponder IC is designed for passive
identification systems with a 120-kHz to 150-kHz magnetic
field. It supports different modulations/codings and has an
on-chip binary bit-rate generator. These features, plus the
implemented 64-bit unique TagID (also called traceability
data), enable the customer to address the well-known
ISO11784/11785 FDX-B standard. In spite of being an
animal-ID standard, this standard is used by a broad range
of access control systems.
The ATA5567 IDIC is backward compatible and can replace
Atmel's well-known T5557 in several applications.
Samples are available now in wafer, micromodule form,
or SO8 package. Pricing for the ATA5567 as wafer shipment
with quantities of 15k pieces starts at US $ 0.34. To
support the system designer, Atmel provides the design kit
ATAK2270 with evaluation software.
Footnote
ID = IDentification
IDIC = IDentification IC (Atmel patented term)
LF = Low Frequency
About Atmel
Atmel is a worldwide leader in the design and
manufacture of microcontrollers, advanced logic,
mixed-signal, nonvolatile memory and radio frequency (RF)
components. Leveraging one of the industry's broadest
intellectual property (IP) technology portfolios, Atmel is
able to provide the electronics industry with complete
system solutions. Focused on consumer, industrial,
security, communications, computing and automotive markets,
Atmel ICs can be found Everywhere You Are(R).
NOTE: Atmel(R), logo and combinations thereof,
IDIC(R), Everywhere You Are(R) and others are registered
trademarks or trademarks of Atmel Corporation or its
subsidiaries. Other terms and product names may be
trademarks of others.
Information
Product information on Atmel's new RF IDIC ATA5567 may
be retrieved at:
http://www.atmel.com/dyn/products/product_card.asp?part_id=3923
For more information, please Contact:
Dr. Susanne van Clewe
Marcom Manager Communications and Automotive Products
Tel: +49-7131-67-2081
Email: susanne.van-clewe@hno.atmel.com
Helen Perlegos
Public Relations - USA and Asia Pacific
Tel: +1-408-487-2963
Email: hperlegos@atmel.com
Veronique Sablereau
Corporate Communications Manager - Europe
Tel: +33-1-30-60-70-68
Fax: +49-7131-67-2423
Email: veronique.sablereau@atmel.com
SOURCE Atmel Corporation
2007'02.04.Sun
FTSE Xinhua Index Launches H-Share Index for QDIIs and Other Chinese Institutional Investors
July 12, 2006
HONG KONG & BEIJING, July 12 /Xinhua-PRNewswire/ --
FTSE Xinhua Index (FXI), the leading China index provider
set up by global index provider FTSE Group and China market
specialist Xinhua Finance, today announce the launch of the
FTSE Xinhua H-Share Index. This index is particularly
designed for meeting the regulatory requirements of China
and fulfilling the needs of domestic Chinese institutional
investors, including QDIIs (Qualified Domestic
Institutional Investors), who are looking to participate in
overseas investment in Hong Kong.
FTSE Xinhua H-Share Index joins the FTSE Xinhua Hong
Kong Index Series which already contains FTSE Xinhua Hong
Kong Index and FTSE Xinhua ex-H-Share Index. This new index
means that FTSE Xinhua Index now offers the most complete
set of tools covering the Hong Kong market, and continues
to meet the diversified needs of Chinese institutional
investors. FTSE Xinhua Index is committed to maintaining
the most accurate and comprehensive set of indexes required
by investors in the Chinese market.
FTSE Xinhua Hong Kong Series is enjoying great
commercial success. The FTSE Xinhua Hong Kong Index has
already been chosen by China's Social Security Fund (SSF),
a strategic reserve fund accumulated by the central
government to support future social security expenditures,
as the benchmark for its active Hong Kong equity holdings.
Derived from FTSE Global Equity Index Series, the most
widely used global benchmark, FTSE Xinhua H-Share index is
calculated in real time and contains 49 H-Share companies
classified under large and mid cap, with Petrochina (0857),
Bank of China (3988), China Life Insurance (2628), China
Construction Bank (0939) and China Petroleum & Chemical
(0386) topping the list. In addition, constituents are
capped at 15% of the total index to avoid over
concentration on any single stock. The total investment
market cap of the index is HKD 885 Billion as of July 7,
2006.
Ms Fredy Bush, Co-chairman of FXI and CEO of Xinhua
Finance said, "FTSE Xinhua Index is always committed
to employing its unique local knowledge to develop the most
relevant indices for domestic and international investors
and meet the evolving requirements caused by the regulatory
changes in China's market. The creation of this H-Share
index is another testament to this commitment. "
Mr. Mark Makepeace, Co-chairman of FXI and CEO of FTSE
Group said, "FTSE Xinhua Index provides timely
solutions for China's evolving investment markets. FTSE
Xinhua H Share Index is a unique new tool for Chinese
domestic investors to invest in Hong Kong listed blue
chips."
The index is now calculating and is available through
major data vendors. For details of the constituent list,
index value and the Ground Rules, please visit:
http://www.ftsexinhua.com
About FTSE Xinhua Index
Established in late 2000, FTSE Xinhua Index (FXI), 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 FTSE Xinhua
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.ftsexinhua.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 .
For more information, please contact:
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
Beijing
Catherine Song
FTSE Xinhua Beijing office
Tel: +8610-5864-5275
Email: catherine.song@xinhuafinance.com
SOURCE FTSE Xinhua Index
2007'02.04.Sun
Owens Corning Files Plan of Reorganization
July 12, 2006
Votes Not Received By September 1, 2006 Deadline Will Not Be Counted
WILMINGTON, Del., July 12 /Xinhua-PRNewswire/ -- The
Sixth Amended Joint Plan to reorganize Owens Corning
("Plan") has been filed in the United States
Bankruptcy Court for the District of Delaware by Owens
Corning and its affiliated debtors listed herein
("Debtors"), the Official Committee of Asbestos
Claimants and the Legal Representative for Future
Claimants.
Persons or entities with personal injury or wrongful
death or property damage claims relating to exposure to
asbestos or asbestos-containing products manufactured,
distributed or sold by any of the Debtors may vote to
accept or reject the Plan. All votes must be received in
writing by September 1, 2006. Many claims against the
Debtors concern high temperature insulation products
manufactured by the Fibreboard Corporation or Owens
Corning. Product names include PLANT, PABCO, KAYLO, PRASCO
and AIRCELL.
A detailed document describing the Plan, called the
"Disclosure Statement," which was approved by the
Court on July 11, 2006, together with a copy of the Plan
itself and voting materials called a "Solicitation
Package," will be mailed to known holders of claims
against the Debtors or their lawyers.
The Plan provides for certain Trusts to be set up to
process and pay all eligible asbestos personal injury
claims. Asbestos-related claimants can only assert their
claims against the Trusts and will be forever barred from
asserting their claims directly against any of the Debtors.
Individuals and entities with personal injury or wrongful
death claims relating to exposure to asbestos or
asbestos-containing products manufactured, distributed or
sold by any of the Debtors should review the Plan and
Disclosure Statement carefully for details about how it may
affect their rights.
The Court has issued an order describing exactly who
can vote on the Plan and how to vote. The Disclosure
Statement contains information that will help claimants
decide how to vote on the Plan if they so choose. Those
not voting may still see their legal rights affected. To
be counted, a ballot must be received by the Debtors'
Voting Agent by September 1, 2006. If a ballot is not
received by this date, it will not be counted.
Copies of the Disclosure Statement, Solicitation
Package, the notice of the hearing to consider confirmation
of the Plan and the procedures related to it, and other key
documents related to the Debtors' bankruptcy cases may be
obtained on the Debtors' bankruptcy web site (
http://www.ocplan.com ) or may be obtained by writing the
Debtors' Voting Agent at the address below.
Proof of an asbestos personal injury or wrongful death
claim does not need to be filed with the Bankruptcy Court
at this time. Lawyers for holders of these claims may vote
on the Plan on behalf of their clients if authorized by
their client.
A hearing to confirm the Plan (the "Confirmation
Hearing") will be held before the Honorable Judith K.
Fitzgerald, United States Bankruptcy Judge on September 18,
2006. Those voting may attend the hearing, but are not
required to do so. Those wishing to object to the Plan
must follow the procedures outlined in the Solicitation
Package. Objections to the Plan must be filed with the
Clerk of the Bankruptcy Court, United States Bankruptcy
Court for the District of Delaware, 824 Market Street, 3rd
floor, Wilmington, Delaware 19801, and received by
September 1, 2006.
Votes should be mailed to: Voting Agent at Owens
Corning c/o Omni Management Group, LLC, 16161 Ventura
Blvd., PMB 626, Encino, California 91436-2522 U. S. A.
Affiliated Debtors
Owens Corning, CDC Corporation, Engineered Yarns
America, Inc., Falcon Foam Corporation, Integrex,
Fibreboard Corporation, Exterior Systems, Inc., Integrex
Professional Services LLC, Integrex Supply Chain Solutions
LLC, Integrex Testing Systems LLC, Integrex Ventures LLC,
HOMExperts LLC, Jefferson Holdings, Inc., Owens-Corning
Fiberglas Technology, Inc., Owens Corning HT, Inc.,
Owens-Corning Overseas Holdings, Inc., Owens Corning
Remodeling Systems, LLC, and Soltech, Inc.
For more information, please contact:
Jason Saragian
Owens Corning
Tel: +1-419-248-8987
SOURCE Owens Corning
2007'02.04.Sun
Lusight Research Announces the Development of a Brand New Web-Based Open Research Platform for Global Emerging Markets (GEMs)
July 12, 2006
Lusight's Unique Value Proposition Helps Institutions Make Better Investment Decisions, While Making Them More Productive
NEW YORK, July 12 /Xinhua-PRNewswire/ -- Lusight Limited ( http://www.lusight.com ) announced today that it has signed up over 40 major institutions and global investors as clients that are proactively using Lusight's investment platform. The company's innovative independent investment research focuses exclusively on Global Emerging Markets (GEMs) with an emphasis on BRIC countries (Brazil, Russia, India, and China). "We have taken a unique approach to the production and distribution of investment research by developing a web-based Open Research Platform that allows our clients to access our research reports online. We also make available to our clients all of the inputs and tools we've used to produce our research, including company data, interactive financial models with base case forecasts, and a powerful analytical tool," said Paul Warme, Lusight co-founder, Managing Director and Head of Research. Lusight is working globally with prominent institutions to help these investors make the best investment decisions in a productive way that saves both time and valuable resources. "Lusight is clearly one of our research partners as we work quickly to make solid investment decisions in today's Emerging Global Marketplace. The information provided to us by Lusight helps us to utilize our time and money far more efficiently," said Tony Hann, Director, Global Emerging Markets, WestLB Mellon Asset Management. The Lusight Open Research Platform is at the heart of the company's business model. It is a web-based financial analysis application that integrates historical company data, interactive financial models, company-specific financial forecasts, and an analytical tool that allows users to organize and present data in custom tables and charts. According to Philip Harrison, co-founder and head of research and development, "Lusight currently covers over 400 companies in the Emerging Markets. We plan to continue building our research team in 2006 so as to satisfy our clients' demand for even more coverage and custom services." About Lusight Research Lusight is an independent investment research firm with a focus on Global Emerging Markets. The company is self-funded and completely independent. Lusight does not solicit business from the companies they cover; they do not have a trading desk and do not take positions in securities. Furthermore, Lusight does not and will not have investment banking relationships; and has not and will not provide investment banking services. Lusight's only business is helping institutional investors in their investment decision-making process. Managed and staffed by a team of seasoned Emerging Market investment professionals, and skilled software developers. In addition, Lusight research includes pre-IPO evaluations, regular Chart Insight Reports that highlight company or industry-specific trends or metrics, and custom research projects for clients. Lusight is based in Toronto, New York and London. For more information, please contact: Brenda A. Nichols Lusight Research Tel: +1-978-369-5900 Fax: +1-978-302.9200 Email: Brenda.nichols@lusight.com SOURCE Lusight Research
2007'02.04.Sun
mInfo Inc. Delivers China's First Natural Language Mobile Search Service
July 12, 2006
China's First Natural Language Mobile Search Service Provides Free Responses on Dozens of Content Categories
SHANGHAI, China, July 12 /Xinhua-PRNewswire/ -- mInfo
Inc. (minfo.com), a leading Chinese mobile search service
provider, is expanding availability of China's first
natural language mobile search service to the country's top
metropolitan markets. Unlike most wireless SPs in China,
users can access its services for free using either SMS or
WAP via any 2G, 2.5G or 3G phones. With mInfo's unique
mobile search offering, there is no software to download,
no command to remember and no syntax to follow.
mInfo first released its search services in the
beginning of 2006 in Shanghai, but with its new features
and expanded geographical coverage, mInfo is clearly
positioned as the leading wireless search service in China.
Its patent-pending natural language technology makes the
service extremely intuitive to use, even for non-technical
audiences in all parts of the country. mInfo's proprietary
personalization technology enables superior relevance of
query results for each individual, further accommodating
for the physical constraints of mobile devices and longer
response times of mobile networks. Additionally, mInfo is
the only search provider in China which delivers a wide
range of search content and information services via both
SMS and WAP enabled devices for free. WAP users can visit
wap.minfo.com and SMS users just need to send their
questions to 118855(China Mobile) or 914855(China Unicom).
Answers are received usually in less than 30 seconds.
Mobile users in China can finally enjoy the benefits of
instant access to information without the need to be in
front of a PC.
"With over 400 million mobile subscribers, China
is by far the largest wireless market in the world, and
still continues to grow rapidly. With only about 100
million internet users in the country today, there are over
300 million potential users out there that can now
experience the benefits of Informational Search for the
first time via mInfo's search offering," said Alvin
Wang Graylin, CEO. "We designed our service from the
ground up in China for the Chinese user. We provide the
kinds of information Chinese mobile users here need. Plus
we made the service extremely easy to use, very accurate
and completely free. The users just love it. So it's no
surprise that both our user and advertiser bases have been
growing like crazy. We couldn't be more excited about the
tremendous potential that lies in front of us."
mInfo currently delivers a wide range of vertical
search services nationwide on both China Mobile and China
Unicom. Its local-search services already cover the major
cities of Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu,
and Nanjing allowing users to get instant information on
local merchants/shops, hotels, banks/ATMs, parks,
government offices, etc. mInfo also offers a wide range of
informational search services that are available nationwide
covering dozens of content categories including price
comparison, ring-tone search, classifieds, weather, flight
schedules, train schedules, jokes, almanac, horoscopes,
English learning, etc. These services are all free to the
end-user, and more new offerings are being released
monthly.
Mobile search is a coming trend to the China, and mInfo
is clearly positioned to set the new standard for what users
will expect for such services in this market.
About mInfo Inc.
mInfo Inc. is the leading provider of natural language
mobile search and wireless information services in the
China market. mInfo provides 30+ categories of search
content, and its services are available nationwide via SMS
and WAP. mInfo's free mobile search services are based on
numerous patent-pending technologies making its services
truly intuitive to use and its search results highly
relevant. mInfo is headquartered in Shanghai, China, and
has offices in Beijing and Guangzhou. For more
information, please visit http://www.minfo.com .
For more information, please contact:
Yu Shi
Tel: +86-21-6439-2200
Email: yshi@minfo.com
SOURCE mInfo Inc.
2007'02.04.Sun
HiSoft Announces Completion of Largest Investment in IT Outsourcing Space and Appointment of New CEO -- Positioned for the Next 5-year Vision
July 12, 2006
BEIJING, July 12 /Xinhua-PRNewswire/ -- HiSoft
Technology International, a leading IT services provider
with offices in China, Japan, and the U.S., announced today
the completion of Series-B International Financing. This is
the largest investment in China's IT outsourcing service
industry to date. The investment is led by Granite Global
Ventures (GGV) with new investment from Draper Fisher
Jurvetson ePlanet Ventures, Mitsubishi UFJ Securities (HK)
Capital Limited and Sumitomo Corporation Equity Asia
Limited. The Company also announced the appointment of Mr.
Loh Tiak Koon as the company's new Chief Executive Officer
and a member of the Company's Board of Directors.
Loh will succeed Mr. Li Yuan-Ming, a key founder,
Chairman and Chief Executive Officer of HiSoft since 1996.
Li, who will remain Chairman of the Board, recruited Loh to
join the Company. The visionary Li shared, "HiSoft is
celebrating its 10th anniversary this year, we are very
proud that we have achieved our first 5-year vision of
being the top 10 companies in this space in Dalian and the
second 5-year vision of being the top 10 in China. With
Mr. Loh on board, his wealth of international experience
will help propel the Company forward in the global market,
and to achieve our third 5-year vision of being top 10 in
the World."
Loh brings with him over 20 years of global market
experience in leading IT companies. Before joining HiSoft,
Loh was Hewlett-Packard's Corporate Vice-President
responsible for Hewlett-Packard's China and Hong Kong
services business, which includes technical services,
integration, outsourcing and consulting. A highly
competent leader, Loh has demonstrated his ability to
leverage companies and steer them into new growth mode,
resulting in significantly improved shareholder value.
During his leadership as Chief Executive Officer of Vanda
Systems & Communications Holdings Limited, Vanda
Systems merged with Hutchinson Global Communications and
PowerCom to become a technology powerhouse. Loh was also
Chief Executive Officer of Cap Gemini in Asia Pacific. He
started his career at IBM, and subsequently Lotus
Professional Services, serving various senior management
and sales positions in the Asia Pacific region.
"HiSoft has a highly-skilled workforce and mature
delivery capabilities, which build upon our experience as
the first Global Development Centre (GDC) for GE in China,
and on our track record running offshore development
centres for other multinationals. We are in the best
position to offer world class outsourcing and off-shoring
services to international companies which target China as a
domestic market and as an alternative service base to their
providers in India," said Loh.
The new round of financing follows the Series-A
investments in HiSoft in 2004, when investments were made
by Granite Global Ventures (GGV), Intel Capital, Granite
Global Ventures, International Finance Corporation (IFC)
and JAFCO Asia. Series-B investment will be used to
further strengthen HiSoft's management and delivery teams
as well as to pursue organic and inorganic growth.
With strong teams, proven processes and systems, and a
strong financial backing, HiSoft is well poised to achieve
its 5-year vision of being top 10 in the World. "As we
progress, our clients will benefit from the value of
partnering with a World Chinese leader, our shareholders
will enjoy the financial returns, our competitors will see
a leader who define a healthy industry in China and our
employees will be proud and rewarded members of a
successful company!" said the confident Li and Loh.
About HiSoft
HiSoft Technology International Ltd. is an IT service
provider with offices in China, Japan, and the U.S. With
over 1,800 IT resources, comprehensive solutions platform,
and mature delivery model, HiSoft has rapidly grown to
become one of China's leading IT Service Company. HiSoft
focuses on localization & testing, application
development & management, and enterprise solutions
consulting & implementation. For more information,
please visit http://www.hisoft.com or contact us at
info@hisoft.com .
For more information, please contact:
Greg Ho
HiSoft Technology International Ltd.
Tel: +86-135-9114-7795
Email: gregory.ho@hisoft.com
SOURCE HiSoft Technology International Ltd.
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