2007'02.04.Sun
Citect Monitors On-Site Power for The Venetian Macao-Resort-Hotel with Nexa Monitoring
June 16, 2006
SYDNEY, Australia, June 16 /Xinhua-PRNewswire/ --
Citect has been selected to install Nexa Monitoring for
site power monitoring and control at The Venetian
Macao-Resort-Hotel complex currently under construction in
Macau.
The complex is a landmark development located on the
Cotai Strip(TM) of Macau and is the sister development to
The Venetian Las Vegas. It comprises a convention and
exhibition center (1.2 million square feet), 3,000 hotel
suites, casino (546,000 square feet), a 15000-seat
entertainment arena, a 1800-seat theater and a retail
shopping center (1 million square feet).
Nexa has been selected by CLP Engineering, a wholly
owned subsidiary of the CLP Group, and a Citect silver
integration partner. The Nexa system will provide
monitoring and control of the site's extensive 66kV, 11kV
and 400V electrical distribution system. Some of the
parameters include: current, voltage, power factor,
frequency, real power and harmonic distortion. In
addition, Nexa is being used for monitoring and managing
alarms, time-based scheduling and trending.
CLP Engineering Limited is undertaking the engineering
and system integration of the power monitoring solution at
The Venetian Macao with the assistance of Citect
Professional Services. CLP Engineering, based in Hong Kong,
is a leading specialist in power engineering and
infrastructure E&M projects. Notable clients of CLP
include departments in the Hong Kong SAR Government and the
Hong Kong Airport Authority.
Ken Holder, Global Director says, "I am delighted
that Nexa has been selected for power monitoring of the
prestigious Venetian Macao. The development will be a
premier business and leisure venue that will join the many
landmark buildings around the world where Nexa is used for
monitoring and control of power and facilities
systems."
About Citect
Citect is a leading global provider of industrial
automation, real-time intelligence and next generation
manufacturing execution systems (MES). Leveraging open
technologies, CitectHMI/SCADA and Ampla connect to multiple
plant and business systems. Our products are complemented by
professional services, customer support and training, and
sold in numerous industries: mining, metals, food and
beverage, manufacturing, facilities, water, gas pipelines,
power distribution and pharmaceuticals. Headquartered in
Sydney Australia, Citect has 21 offices and representation
in Oceania, Southeast Asia, China and Japan, North and
South America, Europe, Africa and the Middle East. Products
are distributed in more than 80 countries worldwide.
http://www.citect.com/products-and-services/nexa.html
For more information, please contact:
Angela Coombes
Tel: +61-2-9496-7366
Email: media@citect.com
Christine Lesher
Tel: +1-770-521-7511 x208
Email: media@citect.com
SOURCE Citect
PR
2007'02.04.Sun
Gulf Investment Corporation Announces Investment in Perella Weinberg Partners
June 16, 2006
KUWAIT, June 16 /Xinhua-PRNewswire/ -- Gulf Investment
Corporation (GIC), a leading financial institution in the
Gulf Cooperation Council (GCC) region, is pleased to
announce that it is one of the founding investors in
Perella Weinberg Partners. The new financial services firm
formed by Mr. Joseph Perella and his partners will provide
independent strategic advice to large corporate clients on
a global basis as well as manage various alternative
investment vehicles.
Mr. Hisham Abdulrazzaq Al-Razzuqi, Chief Executive
Officer of GIC, said "Our investment in Perella
Weinberg Partners demonstrates our strong belief that there
is a tremendous opportunity in today's marketplace for a
global financial advisory firm that is truly independent
and well positioned to identify and develop specialized
investment vehicles with attractive risk-adjusted returns.
This investment is also a strategic one for GIC: Perella
Weinberg Partners will help us broaden our product offering
and we will each benefit from the other's ability to operate
in a different part of the world. Mr. Perella has assembled
a team of highly experienced professionals with the highest
integrity and we look forward to a long and successful
relationship."
Mr. Perella added, "GIC's profile and strategic
positioning across the entire GCC region makes it a very
desirable partner for Perella Weinberg Partners. We are
proud to be affiliated with such an eminent institution and
look forward to working closely with GIC over the coming
years."
About Gulf Investment Corporation:
Gulf Investment Corporation (GIC) is a leading regional
financial institution that was established under the
auspices of the Gulf Cooperation Council (GCC) and is
equally owned by the six member states of the Council:
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United
Arab Emirates. GIC offers a comprehensive range of
financial services to promote private enterprise and
support economic growth in the GCC region.
For more information, please contact:
Mr. Shafic Ali, Director,
Principal Investments and Corporate Finance,
Gulf Investment Corporation
Tel: +1-965-788-3134
Inquiries regarding Perella Weinberg Partners
Tim Metz,
Hullin Metz & Company
Tel: +1-212-752-1044
Rory Godson,
Powerscourt Media
Tel: +44-7909-926-020
SOURCE Gulf Investment Corporation
2007'02.04.Sun
Stephen Gohres Joins Beyondsoft
June 16, 2006
BEIJING, June 16 /Xinhua-PRNewswire/ -- Beyondsoft Co.,
Ltd, a leading provider of end-to-end software engineering
services in China announced that Stephen Gohres has joined
Beyondsoft Co., Ltd as Vice President of Marketing and
Sales.
With over twenty-five years of marketing, business
development, and international sales experience, Mr. Gohres
will oversee marketing and sales in North America. He has
held a broad range of senior marketing and sales positions,
most recently at Computer Associates, where he was
responsible for marketing and executive management of the
consumer business unit. He also co-founded SalesImpaq
Inc., a small start up venture focused on developing and
marketing sales software for the individual and small
business user.
Gohres holds a master's degree in marketing, finance,
and entrepreneurship from Northwestern University and a
bachelor's degree in chemical engineering from University
of California, Davis.
About Beyondsoft
Established in 1995, Beyondsoft Co., Ltd is a leading
China based provider of end-to-end software engineering
services, ranging from software development, QA/Testing,
and localization, to China market entry. Headquartered in
Beijing, Beyondsoft has domestic branches in Shanghai &
Wuhan, as well as overseas offices in Silicon Valley,
Seattle, Fort Collins in the United States, and Tokyo,
Japan. Beyondsoft is recognized as one of the top 3 US
& Europe oriented outsourcing companies in China by IDC
(Feb06). For more information, please visit
http://www.beyondsoft.com .
For more information, please contact:
Lorita Liu
Beyondsoft Group
Tel: +86-10-8282-6100 x5102
Email: liuye@beyondsoft.com
Web: http://www.beyondsoft.com
SOURCE Beyondsoft Co., Ltd
2007'02.04.Sun
Sunrise Real Estate Group, Inc. Signs Three New Contracts
June 15, 2006
SHANGHAI, China, June 15 /Xinhua-PRNewswire/ -- Sunrise Real Estate Group, Inc. (OTC Bulletin Board: SRRE; Website: http://www.sunrise.sh ) announced that it has entered into three new agency sales contracts during May 2006. The contracts are for new projects located in Nanchang, Suzhou and Nantong. Nanchang is the capital of Jiangxi province in Southeast China and both Suzhou and Nantong are cities near to Shanghai. The project in Jiangxi is for residential apartments. The other two projects are mixed developments that include apartments, office and commercial units. Sunrise is the sole agent in all three projects. According to the Chairman of Sunrise Real Estate Group, Inc., Mr. Lin Chi-Jung, "With our strong sales and marketing abilities, we have the resources to successfully sell and add value to these projects." COMPANY BACKGROUND Sunrise Real Estate Group, Inc. is a publicly traded real estate marketing and investment company that operates exclusively in China. Forward Looking Statements The common stock of Sunrise Real Estate Group, Inc. is quoted and traded on the OTC Bulletin Board under the trading symbol "SRRE". This press release contains forward-looking information within the meaning of section 29A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forwarding-looking statements include statements concerning plans, objectives, goals, strategies, future events or performances and underlying assumption and other statements, which are other than statements of historical facts. Certain statements contained herein are forward-looking statements and, accordingly, involve risks and uncertainties, which could cause actual results, or outcomes to differ materially from those expressed in the forward-looking statements. The Company's expectations, beliefs and projections are expressed in good faith and are believed by the Company to have a reasonable basis, including without limitations, management's examination of historical operating trends, data contained in the Company's records and other data available from third parties, but there can be no assurance that management's expectations, beliefs or projections will result, or be achieved, or accomplished. For more information, please contact: Vivian Zhang, Sunrise Real Estate Group, Inc. Tel: +86-21-6422-0505 x840 Email: ir@sunrise-sh.net Web: http://www.sunrise.sh SOURCE Sunrise Real Estate Group, Inc.
2007'02.04.Sun
C O R R E C T I O N -- Xinhua Finance Limited/
June 15, 2006
For the news release, "Matchwatch.com Names
Partner of Xinhua Finance's Subsidiary SMRA Forecaster of
the Month", issued by Xinhua Finance Limited through
Xinhua PR Newswire earlier today, we are advised by the
company that the correct headline should read
"Marketwatch.com Names Partner of Xinhua Finance's
Subsidiary SMRA Forecaster of the Month", as
originally issued inadvertently.
SOURCE Xinhua Finance Limited
2007'02.04.Sun
Matchwatch.com Names Partner of Xinhua Finance's Subsidiary SMRA Forecaster of the Month
June 15, 2006
SHANGHAI, China, June 15 /Xinhua-PRNewswire/ -- Xinhua
Finance (TSE Mothers: 9399; OTC: XHFNY), China's
unchallenged leader in financial information and media,
today announced Ray Stone, a founding partner of its US
subsidiary Stone & McCarthy Research Associates (SMRA),
won Marketwatch's Forecaster of the Month contest for May
with the most accurate economic forecasts.
According to the financial news provider
Marketwatch.com, the contest was established to honor the
economist with the most accurate forecasts for 10 vital
economic indicators. Stone's forecasts in May on three of
the 10 indicators were the most accurate of 42 economists
surveyed, the news provider said. Five other forecasts were
among the 10 most accurate.
Ray Stone Partner, Stone & McCarthy Research
Associates
Forecast Actual*
ISM 56% 57.3%
Nonfarm payrolls 180,000
138,000
Trade gap $64 bln $62
bln
Retail sales 0.5% 0.5%
Industrial production 0.2% 0.8%
Housing starts 1.94 mln 1.85
mln
CPI 0.6% 0.6%
Durable orders -1.5% -4.8%
New homes 1.16 mln 1.2
mln
Incomes 0.6% 0.5%
*Subject to revision
Source: www.marketwatch.com
The runners up in the May contest were former winners
Peter Hooper and Joe LaVorgna of Deutsche Bank, three-time
winner Stephen Stanley of RBS Greenwich Capital, past
winner Anthony Chan of JP Morgan Asset Management, and
Michael Thomas of Met Capital, Marketwatch said.
Stone, 55, began his career at the New York Federal
Reserve Bank. He eventually worked at Merrill Lynch as
head of research and now is Partner of Stone & McCarthy
Research Associates (SMRA). He holds a Ph. D. from Rutgers
University.
SMRA is a sister company to Xinhua Finance-owned Market
News International, which is known for its exclusive
reporting on government spending, tax and borrowing
policies in the G7 countries, critical subjects for the
global fixed-income and FX markets.
About Stone & McCarthy Research Associates
SMRA joined the Xinhua Finance family in 2005, bringing
its research expertise and extensive analytical capabilities
to Xinhua's family of companies. Stone & McCarthy
publishes a diverse array of economic and fixed-income
analysis within the United States and Canada, and has
become known as the industry standard for electronic
independent macroeconomic research. The company has
established an unequalled reputation for Federal Reserve
watching, U.S. Treasury analysis, and macroeconomic
analytics by utilizing both its exhaustive research
database and Bloomberg capabilities.
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 21 news bureaus
and offices in 18 locations across Asia, Australia, North
America and Europe.
For more information, please visit
http://www.xinhuafinance.com .
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 Limited
2007'02.04.Sun
Istithmar Announces an Investment of USD 100 Million in Perella Weinberg Partners
June 15, 2006
DUBAI, United Arab Emirates, June 15
/Xinhua-PRNewswire/ -- Istithmar PJSC, a major
international investment house based in the UAE, is pleased
to announce an investment of $100 million in Perella
Weinberg Partners and its investment management business,
the new financial services firm headed by Mr. Joseph
Perella, the legendary investment banker. Perella Weinberg
Partners will provide corporate advisory and investment
management services to clients around the world.
Mr. Sultan bin Sulayem, Executive Chairman of
Istithmar, said "This is a wonderful and exciting
opportunity for Istithmar to partner with Perella Weinberg
Partners. We have full faith in Joe and his team of
seasoned professionals. With the growth and complexity in
today's global financial services landscape, we believe
that our investment in Perella Weinberg Partners will be a
great asset for Istithmar. We look forward to many years of
successful partnership."
Mr. Perella added, "We greatly welcome the
association with Istithmar, a leading alternative
investment firm, and are delighted to be affiliated with
one of Dubai's premier financial institutions. We look
forward to working together to provide exceptional results
for all of our partners."
About Istithmar:
Istithmar PJSC is an international investment house
based in the United Arab Emirates focusing on private
equity, real estate and other alternative investments.
Established in 2003, Istithmar was created with the key
mission of earning exceptional returns for its investors
while maintaining due regard for risk.
Istithmar, which means investment in Arabic, applies
global expertise with local insights to coordinate the
appraisal and implementation of various opportunities.
Istithmar's 'I' investment philosophy is based around three
core principles -- Ideas, Inquiry & Integrity -- sets
the foundation for the firm which has a broad portfolio of
highly successful companies in markets from North America
to Europe to Asia to the Middle East.
Established with an initial investment capital pool of
$2 billion, Istithmar has, to date, invested in 35
companies deploying approximately USD 1.6 billion in equity
capital. It currently focuses its activities in four
industry verticals -- Consumer, Financial Services,
Industrial and Real Estate.
For more information, please contact:
Ghada Kammoun or Jaya Joshi
Bates PanGulf PR for Istithmar PJSC
Tel: +971-4-295-3456 / +971-4-295-1027
Email: jaya@batespangulf.com
Tim Metz
Hullin Metz & Company for Perella Weinberg
Partners
Tel: +1-212-752-1044
Rory Godson
Powerscourt Media for Perella Weinberg Partners
Tel: +44-7909-926-020
SOURCE Istithmar PJSC
2007'02.04.Sun
Joseph Perella Announces Formation of Perella Weinberg Partners
June 15, 2006
NEW YORK and LONDON, June 15 /Xinhua-PRNewswire/ --
Joseph Perella announced today the formation of Perella
Weinberg Partners, a new financial services firm that will
provide corporate advisory and investment management
services to clients around the world.
Perella Weinberg Partners has raised over US$1 billion
from eleven investors, to both seed investment initiatives
and to fund the establishment and operations of the firm.
The backers include three institutions and eight family
investor groups. Joseph Perella said, of the entire
investor group: "We are honoured and delighted to have
such high quality founding investors from the Americas,
Europe, Japan and the Middle East."
To date, the firm has eleven partners. In New York,
its partners are: Tarek Abdel-Meguid, Julio Garcia, William
Kourakos, Titus Leung, Amr Nosseir, Ralph Pellecchio, Joseph
Perella and Peter Weinberg. The London-based partners are
Bernard Gault, Paulo Pereira and Philip Yates. Dietrich
Becker in London will be joining the partnership on June
20.
Joseph Perella said: "We are successfully building
our corporate advisory business person by person and our
team of professionals is second to none. We anticipate an
equally high quality team in investment management as we
round out our group of professionals in that area."
Today Perella Weinberg Partners has over thirty employees
at the firm or who have agreed to join, from a variety of
leading institutions.
Three of the partners will serve as the Chief Financial
Officer, General Counsel and Chief Administrative Officer.
Mr. Perella said: "We value highly the guardianship
contributions that these individuals will make, as it is
vital to proceed with care and establish the appropriate
controls and management structure, particularly in a new
venture such as ours."
Since closing on the fund-raising in March of this
year, Perella Weinberg Partners has signed leases to occupy
space in the General Motors Building at 767 Fifth Avenue in
New York and at 20 Grafton Street in London.
Speaking from London at a meeting of the founding
investors, Joseph Perella said: "We are pleased to
open the doors of our firm for business and we look forward
to serving our clients around the world."
Biographies of all partners available on request
http://www.pwpartners.com
For more information, please contact:
Powerscourt (London)
Tel: +44-207-236-5615
Hullin Metz & Co (New York)
Tel: +1-212-752-1044
SOURCE Perella Weinberg Partners
2007'02.04.Sun
Hi-Tech Wealth's Latest Smart Phone (Shangwutong) Featuring Embedded Security Employs Spreadtrum's Chip Solution
June 15, 2006
BEIJING, June 15 /Xinhua-PRNewswire/ -- Hi-Tech
Wealth's latest invisible smart phone that has been
attracting lots of high-end customers' attention is using
SC6600 series single chip solution provided by the leading
international chip design company-Spreadtrum.
Through preset in advance, those unwanted phone calls
can be filtered. The caller will hear such messages as
"The subscriber you dialled is power off",
"The number you dialled is busy now", "The
number you dialled can not be connected," "The
number you dialled does not exist", "The number
you dialled is out of service." The leading smart
phone provider-Hi-Tech Wealth's latest invisible smart
phone is equipped with this "Secrecy-protect,
anti-harassment, anti-loss" function. Besides the
basic features of the common smart phone, the main concept
of this invisible phone is "having a secure cell phone
is key". We can hide the information or message in this
smart phone and receive messages selectively. It also has
the unique remote control and anti-theft tracking feature.
We can shut off the cell phone or transfer all the incoming
calls information and short messages even eliminate all the
information in the cell phone through preset SMS mode
easily. When the smart phone is stolen, it can call the
police automatically and report the current status of the
cell phone as well as its location. It is specifically
designed with business people in mind.
The powerful high-end smart phone raised more advanced
requirements for the baseband chip as the heart of the cell
phone. Spreadtrum's SC6600 series chip adopts leading SOC
technology, integrateing analog baseband chip, digital
baseband chip, power management chip and multi-media
functions into one single chip. Such design ensures the
higher stability, smaller size, lower power consumption of
the chip, and support multi-features such as MP3,
mega-pixel camera, USB etc.
Dr Zhang Zhengyu, the chairman of Hi-Tech Wealth
said:" As the first company that successfully
developed 2.5G GSM/GPRS baseband chip in Asia, Spreadtrum
has a strong R&D team and technique capability. The
leading single chip solution and innovative multimedia
integrated architecture enables such advantages as the high
integrity, more stability, lower power consumption that
differentiates Spreadtrum's chip products over those of its
competitors. The high quality Spreadtrum chip provides the
outstanding calculation capability and multimedia
processing capability for Hi-Tech Wealth's invisible smart
phone.
The Chief Technology Officer of Spreadtrum, Dr.Chen
Datong indicated:" Facing a growing smart phone market
today, as a leading PDA provider, Hi-Tech Wealth developed
the invisible smart phone from consumer's perspective,
attracted the customers by featuring embedded full
security. This product is sure to have great success.
Spreadtrum would like to witness Hi-Tech Wealth's success
as a solid strategic partner."
It's reasonable for us to believe that the invisible
smart phone, developed jointly by two domestic leading
players in its industry, to meet niche market demand will
receive market recognition widely.
About Spreadtrum Communications
Spreadtrum Communications Inc. is a leading fabless
semiconductor company who develops and markets innovative
wireless communications products. Spreadtrum provides
high-performance, low-cost products including 2.5G/3G
baseband IC, protocol stack software, application software,
wireless communication module and total solutions for
worldwide wireless terminal manufactures, independent
design houses, and semiconductor companies. Spreadtrum
successfully developed the world's first TD-SCDMA baseband
chip and Asia's first 2.5G(GSM/GPRS) baseband chip.
Spreadtrum's true Single-chip Solution has great advantages
such as high performance with low-cost, fast market entry
for customers, reduced time-to-market and effective local
customer support. More information on Spreadtrum
Communications Inc could be found on its website at
http://www.spreadtrum.com .
About Beijing Hi-Tech Wealth Electronic Products Co.,
Ltd.
As the largest Chinese handheld personal computer
supplier in the world, Beijing Hi-Tech Wealth Electronic
Products Co., Ltd.("Hi-Tech Wealth" hereafter),
established in Beijing in October 1998, is mainly engaged
in the development, production and marketing of handheld
personal computers, and has a complete product development,
production and selling system. Hi-Tech Wealth passed ISO9002
Quality Authentication System£¬and has set up development
centers in Beijing, Shenzhen, Hong Kong and Silicon Valley
(USA).
For more information, please contact:
William Shi
Tel: +86-10-6270-2988 x217
Email: William.Shi@spreadtrum.com.cn
SOURCE Spreadtrum Communications Inc.
2007'02.04.Sun
Spansion, Data I/O Collaborate in Sales, Marketing and Systems Engineering for Wireless, Automotive and Industrial Markets
June 15, 2006
Data I/O to Extend Manufacturing Programming Solutions for Spansion(TM) MirrorBit(R) Flash Memory Devices
REDMOND, Wash., June 15 /Xinhua-PRNewswire/ -- Data
I/O(R) (Nasdaq: DAIO), the leading provider of manual and
automated programming systems, and Spansion, the world's
largest pure-play provider of Flash memory solutions, today
announced a collaboration for the purpose of advancing the
use of automated Flash memory programming in the production
of wireless, consumer and automotive markets.
As part of the agreement Spansion has the right to
license Data I/O software related to device programming,
receive global priority device support, conduct cooperative
engineering development and participate in select customer
communications and field support activities for its
MirrorBit(R) ORNAND(TM) solutions. The collaboration is
intended to raise awareness among designers and project
managers that the quality of programming has a critical
impact on their end products. Production programming
solutions are often best considered during the design phase
to assure manufacturing quality and efficiency.
Spansion Flash memory solutions based on the 90nm
MirrorBit ORNAND architecture deliver a NAND interface and
the compelling cost structure of traditional NAND Flash
memory, with the reliability and high-read performance of
NOR Flash memory.
"Data I/O's support of Spansion's MirrorBit ORNAND
and NOR Flash memory solutions enables our customers to
rapidly deliver cost-effective, high-quality wireless and
embedded products to the market," said Robert France,
vice president of Corporate Systems Engineering at
Spansion. "By collaborating with Data I/O at the
software and systems level, we will enhance the value we
deliver in Flash memory solutions by working with customers
to efficiently program and customize their devices to meet
their design requirements."
"This cooperation between Spansion and Data I/O
elevates the successful collaboration our two companies
have shared for many years," said Bruce Rodgers, Vice
President of Sales, Americas / Asia at Data I/O. "This
agreement recognizes the benefits for our mutual customers
in Asia, Europe and the Americas. Data I/O has led the
industry in production programming solutions for wireless
and embedded applications where Spansion is the largest
provider dedicated exclusively to Flash memory solutions.
This is a natural direction for both companies as we work
more closely together to deliver increased value to our
customers."
Data I/O's Preferred Partnership Program represents a
change in business strategy. With the proliferation of
semiconductor devices, the company has chosen to focus its
resources on a small number of selected semiconductor
partners to better serve mutual customers.
About Spansion
Spansion (Nasdaq: SPSN) is a leading Flash memory
solutions provider, dedicated to enabling, storing and
protecting digital content in the wireless, automotive,
networking and consumer electronics markets. Spansion,
previously a joint venture of AMD and Fujitsu, is the
largest company in the world dedicated exclusively to
developing, designing, and manufacturing Flash memory
products and systems. For more information, visit
http://www.spansion.com .
About Data I/O
With more than 34 years of innovative leadership in
device programming solutions, Data I/O Corporation(R)
(Nasdaq: DAIO) provides manual and automated device
programming systems that specifically address the
requirements of engineering and manufacturing operations.
FlashCORE(TM) is the architecture behind a family of Flash
programmers that deliver the highest throughput and the
lowest cost per programmed device. The MultiSyte and
UniSite families provide universal support and versatility
to address a wide variety of programming needs. The
company's newest products are the ImageWriter line of
In-System Programming products, and the new FLX500
automated desktop device programming system. Data I/O
provides solutions beyond products, including a unique
Applications Services offering and global service and
support capability. Data I/O Corporation is headquartered
in Redmond, Washington. More information is available at
http://www.dataio.com or call 800-426-1045.
Forward-Looking Statements
All company and product names mentioned may be
trademarks or registered trademarks of their respective
holders and are used for identification purposes only. The
matters discussed in this news release include
forward-looking statements that are subject to risks and
uncertainties that may cause actual results to vary
significantly. These risks include market and competitive
factors, and other risks described in the Company's most
recent annual report and/or in any of its other filings
with the Securities and Exchange Commission. The Company
assumes no obligation to update the information in this
release. Reference to the Company's website above does not
constitute incorporation of any of the information thereon
into this press release.
For more information, please contact:
Kennan M. Yilmaz
Data I/O Corporation
Tel: +1-425-867-6910
Email: yilmazk@dataio.com
Dennis McFarland
Goldstein Group Communications
Tel: +1-216-573-2300
Email: dmcfarland@ggcomm.com
SOURCE Data I/O Corporation
2007'02.04.Sun
New Leader Slated for Grey Global Group Greater China
June 14, 2006
HONG KONG, June 14 /Xinhua-PRNewswire/ -- Mike Amour,
Grey Global Group Chairman & CEO/Asia Pacific,
announces the appointment of Steve Lin as the company's new
Grey Global Group President & CEO/Greater China,
effective 1st September 2006.
Lin, a Taiwanese national who began his career with
BBDO and McCann Erickson, has worked for JWT for the last
fourteen years, serving as Chairman of JWT Taiwan since
2004 and Managing Director from l997 to 2003. During this
time, he has transformed that agency into one of Taiwan's
most creative, profitable and largest, winning industry
accolades that include:
-- 'Taiwan's Best Agency', Brain Magazine, 2002, 2003
and 2005
-- 'Agency of the Year', Ad Magazine, l998, 2003
-- 'JWT Asia Pacific Office of the Year', l998, 2003
Lin's leadership has extended to the industry as well.
In 2000 and 2005, he was Chairman of the 4As. He is
currently a Board Member of the Taiwan Advertising
Association Agencies, the International Advertising
Association's Taipei Chapter, and the Audit Bureau of
Circulation.
Commenting on the appointment, Tom Doctoroff, JWT's
North East Asia Director and Greater China CEO said,
"This is the next great step in Steve's career
progression. He's done a wonderful job for us in Taiwan
and he truly deserves this promotion. Grey and I are
delighted Steve will remain within the WPP family."
"Getting the right talent to lead our growth in
Greater China has been my number one priority this year.
We are extremely fortunate that Steve has decided to join
Grey. This ability to source and benefit from the world's
best communications talent is one of the strong advantages
of being a member of the WPP family of companies,"
said Amour. "Steve's the perfect choice to
collaborate with and lead the very talented executives who
are already transforming our Greater China operation into a
sleeker, more creative and energized organization," he
stated.
Lin has significant experience in successfully
managing multidisciplinary campaigns for leading brands
including Ford, Coca-Cola, Nestle, Northwest and General
Motors. He holds a Masters Degree in Mass Communications
from Abilene Christian University in the United States and
speaks Mandarin, Taiwanese and English.
"I am absolutely thrilled and excited about this
new challenge. Grey is a company with great heritage and
the new leadership is hungry and committed to taking the
network to a new horizon. I am glad to play a part in this
new movement," said Lin.
Attached:
Photo: Steve Lin (Photo:
http://xprnnews.xfn.info/grey/20060614/Lin.htm )
For more information, please contact:
Susan Reingold
Grey Global Group Asia Pacific
Tel: +852-2510-6641
Mobile: +852-9197-1084
Email: sureing@grey.com.hk
SOURCE Grey Global Group
2007'02.04.Sun
New Mitel IP Phones Leverage Texas Instruments VoIP Technology for Enhanced Features in the Enterprise
June 14, 2006
DALLAS and OTTAWA, June 14 /Xinhua-PRNewswire/ -- Texas
Instruments Incorporated (NYSE: TXN) (TI) and Mitel(R), a
trusted provider of voice-centric IP communications
solutions for the enterprise, today announced that Mitel's
new series of IP phones are based on TI's leading Voice
over Internet Protocol (VoIP) technology. TI's TNETV1050
IP phone solution is being leveraged across Mitel's new
5300 series IP phones to deliver real-time access to
applications and services, including web browsing, contact
lists, call history logs and many other advanced,
customized user settings.
"Our collaboration with TI has resulted in a new
class of IP phones that will give our enterprise customers
access to the next level of advanced features," said
Ron Wellard, vice-president, product development, Mitel.
"Utilizing TI's proven and programmable technology
allows us to deliver a differentiated VoIP experience that
increases the efficiency of our customers, and positions us
well as this fast-growing industry evolves."
Mitel's new 5330 and 5340 IP Phones are full-featured
enterprise-class telephones that provide voice
communications over an IP network. The feature-rich
telephones feature a large 160 x 320 graphics display with
24 or 48 self-labeling, multifunction, programmable keys.
The 5330 and 5340 are full-duplex, hands-free speakerphone
systems with support of Wideband Audio Handsets that makes
the telephones acoustically superior to many IP phones
available today. Built-in flexibility make the telephones
customizable across many vertical market applications, and
ideal for any enterprise executive, manager or employee as
they can be used as an ACD agent, supervisor or teleworker
phones.
The new Mitel telephones are enabled through TI's
single-chip TNETV1050 solution that combines the key
processor, communication and peripheral functions necessary
to build an advanced IP phone. Developed specifically for
enterprise desktop speakerphones, the TNETV1050 leverages
TI's long-term investment in developing communications
processors for voice and broadband applications. It offers
access to a comprehensive feature set, and exceptional
processing performance to support current and evolving IP
phone standards. The TNETV1050 is based upon TI's
programmable TMS320C55x(TM) digital signal processing
technology. Programmability of the TNETV1050 allows
customers such as Mitel to support a number of IP phone
implementations with full duplex speakerphone capabilities,
including support for three-way conferencing, and low bit
rate and wideband codecs. The TNETV1050 is extremely
flexible, and also offers IP phone and PC connectivity to
the Ethernet LAN, and a USB interface. This allows for a
wide variety of devices to connect to the phone, increasing
user efficiency across the enterprise. Examples include
card readers, fingerprint recognition, PDA synchronization,
video conferencing and more.
"We are proud that our programmable, integrated
VoIP technology has helped to enable Mitel's two new,
feature-rich IP phones," said Fred Zimmerman,
executive director, VoIP CPE products, Texas Instruments.
"Through the TNETV1050, TI is helping its customers
deliver the performance to process advanced voice
applications while reducing the total system
bill-of-materials."
TI and Mitel announced their relationship in mid-2005,
when Mitel unveiled that TI had been selected as its
primary supplier for both IP phone sets and VoIP gateway
systems. For more information about the TNETV1050, please
visit http://www.ti.com/voip . Information on Mitel's 5300
IP phones is available at http://www.mitel.com .
About Texas Instruments
Texas Instruments Incorporated provides innovative DSP
and analog technologies to meet our customers' real world
signal processing requirements. In addition to
Semiconductor, the company includes the Educational &
Productivity Solutions business. TI is headquartered in
Dallas, Texas, and has manufacturing, design or sales
operations in more than 25 countries.
Texas Instruments is traded on the New York Stock
Exchange under the symbol TXN. More information is located
on the World Wide Web at http://www.ti.com .
About Mitel
Mitel is a leading provider of integrated
communications solutions and services for business
customers. Mitel's voice-centric IP-based communications
solutions consist of a combination of telephony hardware
and software that integrate voice, video and data
communications with business applications and processes.
These solutions enable our customers to realize significant
cost benefits and to conduct their business more efficiently
and effectively by enabling enhanced communications,
information sharing and collaboration within a business and
with customers, partners and suppliers. Mitel is
headquartered in Ottawa, Canada, with offices, partners and
resellers worldwide. For more information, visit
http://www.mitel.com .
Trademarks
TMS320C55x is a trademark of Texas Instruments. Mitel
is a registered trademark owned by Mitel. All other
trademarks are the property of their respective owners.
For more information, please contact:
Deborah Shemony
Texas Instruments
Tel: +1-301-515-6643
Email: dshemony@ti.com
Erin Arnold
Golin/Harris
Tel: +1-972-341-2506
Email: earnold@golinharris.com
SOURCE Texas Instruments Incorporated
2007'02.04.Sun
ING Advises Investors that Outlook is Positive for Emerging Market Debt
June 14, 2006
HONG KONG, June 14 /Xinhua-PRNewswire/ -- ING Wholesale
Banking Asia (ING) today advises investors to remain focused
on the US growth outlook. As long as low inflation
expectations in the US remain intact the global context for
emerging market debt is positive.
In a report published today entitled "Strategy:
What's Changed?", ING identified that the re-pricing
of emerging market assets for strong US growth saw Asian
stock and bond markets rally. The depreciation of the
dollar and rising commodity prices crystallized inflation
fears and triggered a sell-off that erased most of the
year's gain.
Tim Condon, Head of Financial Markets Research in Asia,
stated: "Many emerging market debt investors have had
their fingers burned during May's sell-off and high
treasury yields, due to rising inflation expectations, have
became a source of concern to investors. However, ING
expects investors will gradually recognise that the Fed
remains committed to keeping inflation low and the interest
rate environment stable. This policy enhances US economic
fundamentals which supports ING's strategy of embracing
risk and expecting that the markets will claw back recent
losses, starting with an upswing in credits whose
fundamentals are strong."
ING's predictions for the second half of 2006 also
included details of top picks for sovereign and corporate
credits across the region. For high-grade sovereigns, ING
maintains overweight recommendation on China, Hong Kong,
Korea and long-dated PETROL 22 and 26 in Malaysia. In
high-yield sovereigns, fiscal consolidation and vigilant
monetary policy leads ING to retain its overweight
recommendation on sovereign Indonesian foreign denominated
bonds. Meanwhile, ING changed its recommendation on
Philippine sovereigns to neutral from overweight on doubts
about tax revenue mobilization, which could threaten the
target of balancing the budget by 2008.
For bank credits, the positive reflation story in the
Japanese banking system and the trend growth in the economy
are strong positives for credit quality. ING includes the
Shinsei Bank SHNBK (16c) of 7.16% and Resona Bank RESONA of
7.191% Tier 1 bonds in its list of top picks. It changed
its recommendation on the MIZUHO 8.375% Upper Tier 2 notes
because of their outperformance during the May sell-off.
For telecommunications credits, ING restores City
Telecom CITYTE 15 (10c) to its top picks following a marked
improvement in its 1H06 operating performance. Korean
telecos are seen as providing most value to investors in
the near team and ING has overweight recommendation on
C&M Co Ltd CMCLZ16 (11c) and Hanaro Telecom HATELE12.
In the Industrial sector, the May sell-off in emerging
market debt saw Asian corporate bond credit spreads widen,
erasing most of the year-to-date gains. ING identified
commodity prices and operational risk in the Chinese
corporate sector the two themes that drove this spread
performance.
ING adds XinAo Gas XINAOG 12 to the top picks list
following the May sell-off, which left the issue relatively
cheap. The company's strong and improving credit
fundamentals should make them among the quickest to rebound
when investor risk appetites return. Rising commodity
prices should benefit TITAN 12s on which ING has an
overweight recommendation. However, spread compression may
wait until the release of 1H06 results in August.
ING's top recommendations for the region summarised
include:
Issuer Est 12m Est 12m Est 12m Ratings
Country Rec
total ret tsy ret credit ret
(%)* (%) (%)
TITAN 12 12.4 4.5 7.9 B1/B+
China BUY
HUWHY 27 12.1 4.7 7.3 A3/A-
Hong Kong BUY
HUWHY 33 11.8 4.7 7.1 A3/A-
Hong Kong BUY
ROP 25 11.3 4.7 6.5 B1/BB-
Philippines BUY
INDON 35 10.2 4.7 5.5 B2/B+
Indonesia BUY
ASIAAL 11 9.8 4.5 5.3 Ba3/BB
China BUY
BANDAN 14 (09c) 8.5 4.4 4.1 B2/B
Indonesia BUY
RESONA 49(15c) 8.4 4.6 3.8 Baa3/BBB-
Japan BUY
EBCPM 13 (08c) 8.3 4.4 3.8 B1/CCC+
Philippines BUY
SHNHAN 35(15c) 7.8 4.5 3.3 Baa3/BBB
Korea BUY
* Total return are based on prices as at 3 February
2006
Source: Bloomberg, ING
For a copy of the report, please call Saskia van der
Stap at +852 2913 8782 or email
saskia.van.der.stap@ap.ing.com.
ING is a global financial institution of Dutch origin
offering banking, insurance and asset management to over 60
million private, corporate and institutional clients in more
than 50 countries. With a diverse workforce in excess of
117,000 people, ING comprises a broad spectrum of prominent
companies that increasingly serve their clients under the
ING brand.
For more information, please contact:
Tim Condon
ING Wholesale Banking
Tel: +65-6232-6020
Email: tim.condon@asia.ing.com
Karen Williams
ING Wholesale Banking
Tel: +852-2913-8536
Email: karen.williams@ap.ing.com
Polly Leung
ING Wholesale Banking
Tel: +852-2913-8792
Email: polly.leung@ap.ing.com
SOURCE ING Wholesale Banking
2007'02.04.Sun
HI's 3D User Interface to be Embedded into Dopod's Windows Mobile(TM) Handset
June 14, 2006
TOKYO, June 14 /Xinhua-PRNewswire/ -- HI CORPORATION
(Headquarter: Meguro-ku, Tokyo; president and CEO: Kazuo
Kawabata hereinafter "HI") announced today that
the company has executed a license agreement with Dopod
International Corporation (hereinafter "Dopod")
to provide HI's 3D graphics engine MascotCapsule(R) and
3DMenu, which is an user interface framework.
Under the agreement, HI's MascotCapsule(R) and 3DMenu
will first be embedded in the Dopod S300, the slimmest and
lightest deluxe clamshell smartphone running Windows Mobile
5.0 in the market today. The Dopod S300 is currently
available in Taiwan and in Southeast Asia.
HI's 3DMenu uses cutting edge 3D graphics technology
without detracting from the multi-functionality of the
Windows Mobile(TM) operating system. It will deliver an
innovative and simple interface which has been fully
customized to Dopod's target users.
"Dopod is a popular brand of Windows Mobile(TM)
handsets in Asia, and we expect that this agreement will
contribute to increasing Dopod's market share and to
growing the demand for MascotCapsule(R) and 3DMenu,"
said Kazuo Kawabata, HI's president and CEO.
"We are proud to be the first to introduce the
Dopod S300, this innovative take on mobility to Asia,"
said Jack Tong, CEO of Dopod International Corp. "The
Dopod S300 is the perfect blend of form and function, and
exudes an irresistible appeal to discerning mobile users
who value advanced design, a svelte form factor and
excellent features. Cutting-edge 3D user interface plays a
key role in providing advanced products that meet the high
demands of consumers."
* MascotCapsule(R) is a registered trademark of HI
CORPORATION in Japan.
* The names of other products and companies mentioned
herein may be
trademarks or registered trademarks of their
respective owners.
About Dopod International Corporation
Dopod International Corporation is a leading mobile
communications company that integrates mobile communication
with information system technologies. Dopod products are
catered to the modern, 'connected-everywhere' lifestyle
user. The company combines outstanding product design and
excellent functional qualities that promote convenient
access to up-to-the-minute information. Founded in 2004,
Dopod has established a presence as a premier
communications company throughout Asia.
About HI CORPORATION
Corporate website:
http://www.hicorp.co.jp/e_index.html
For more information, please contact:
Mitsutaka Monma,
Marketing Division/Public Relations,
HI CORPORATION
Meguro Higashiyama Bldg. 5th Floor, 1-4-4 Higashiyama,
Meguro-ku,
Tokyo, Japan 153-0043
Tel: +81-3-3710-2843
Email: press@hicorp.co.jp
SOURCE HI CORPORATION
2007'02.04.Sun
New Taohuayuan Culture Tourism Co., Ltd. Announces Earnings More Than Double in Fiscal 2005
June 14, 2006
XI'AN, China, June 14 /Xinhua-PRNewswire/ -- New
Taohuayuan Culture Tourism Co., Ltd. (OTC Bulletin Board:
NTYN) announced that for its year ended December 31, 2005
it had comprehensive income of $1,404,706.
This compares to comprehensive income of $612,521
during the prior year.
NTHY owns and operates the Taohuayuan Inn hotel and
resort located in the northern suburbs of the city of
Xi'an, Shaanxi province in the People's Republic of China.
The Taohuayuan Inn is designed in the traditional Chinese
village compound style in which six to eight rooms and one
suite are located around individual courtyards. There are
23 courtyards in the hotel with 146 rooms and approximately
290 beds.
NTHY also manages the DongJin Taoyuan Villas, a hotel
and resort on the outskirts of Xi'an. This property, which
would generally be considered in the U.S. as a destination
resort and convention hotel, consists of 17 buildings on 15
acres and has 84 rooms and 168 beds.
In addition to resorts, NTHY manages a chain of three
traditional Chinese restaurants in China. Two of the
restaurants are in Xi'an and one is in Beijing. The
restaurants serve traditional Chinese village cuisine with
a emphasis on fresh/healthy foods.
In Xi'an, future plans call for NTHY to develop a new
150 room, 270 bed, hotel and resort. The new development,
named the New Hainan hotel and resort, will be water
oriented with the hotel surrounding a one-acre pool.
Smaller pools and beaches will compliment the main pool.
NTHY expects to complete the New Hainan hotel and resort in
2007 and begin operations at the end of 2007.
In Lantian, located approximately 23 miles from Xi'an,
NTHY also plans to construct a mixed-use development with
condominiums, hotel rooms, single family residences,
educational facilities and commercial space. Plans are to
begin construction on the property in 2007.
For more information, please contact:
Theresa Grossman,
Tel: +1-303-839-0061
Email: harttrinen@aol.com
SOURCE New Taohuayuan Culture Tourism Co., Ltd.
2007'02.04.Sun
HI's 3D User Interface to be Embedded into Dopod's Windows Mobile(TM) Handset
June 14, 2006
TOKYO, June 14 /Xinhua-PRNewswire/ -- HI CORPORATION
(Headquarter: Meguro-ku, Tokyo; president and CEO: Kazuo
Kawabata hereinafter "HI") announced today that
the company has executed a license agreement with Dopod
International Corporation (hereinafter "Dopod")
to provide HI's 3D graphics engine MascotCapsule(R) and
3DMenu, which is an user interface framework.
Under the agreement, HI's MascotCapsule(R) and 3DMenu
will first be embedded in the Dopod S300, the slimmest and
lightest deluxe clamshell smartphone running Windows Mobile
5.0 in the market today. The Dopod S300 is currently
available in Taiwan and in Southeast Asia.
HI's 3DMenu uses cutting edge 3D graphics technology
without detracting from the multi-functionality of the
Windows Mobile(TM) operating system. It will deliver an
innovative and simple interface which has been fully
customized to Dopod's target users.
"Dopod is a popular brand of Windows Mobile(TM)
handsets in Asia, and we expect that this agreement will
contribute to increasing Dopod's market share and to
growing the demand for MascotCapsule(R) and 3DMenu,"
said Kazuo Kawabata, HI's president and CEO.
"We are proud to be the first to introduce the
Dopod S300, this innovative take on mobility to Asia,"
said Jack Tong, CEO of Dopod International Corp. "The
Dopod S300 is the perfect blend of form and function, and
exudes an irresistible appeal to discerning mobile users
who value advanced design, a svelte form factor and
excellent features. Cutting-edge 3D user interface plays a
key role in providing advanced products that meet the high
demands of consumers."
* MascotCapsule(R) is a registered trademark of HI
CORPORATION in Japan.
* The names of other products and companies mentioned
herein may be
trademarks or registered trademarks of their
respective owners.
About Dopod International Corporation
Dopod International Corporation is a leading mobile
communications company that integrates mobile communication
with information system technologies. Dopod products are
catered to the modern, 'connected-everywhere' lifestyle
user. The company combines outstanding product design and
excellent functional qualities that promote convenient
access to up-to-the-minute information. Founded in 2004,
Dopod has established a presence as a premier
communications company throughout Asia.
About HI CORPORATION
Corporate website:
http://www.hicorp.co.jp/e_index.html
For more information, please contact:
Mitsutaka Monma,
Marketing Division/Public Relations,
HI CORPORATION
Meguro Higashiyama Bldg. 5th Floor, 1-4-4 Higashiyama,
Meguro-ku,
Tokyo, Japan 153-0043
Tel: +81-3-3710-2843
Email: press@hicorp.co.jp
SOURCE HI CORPORATION
2007'02.04.Sun
Optimized Use of Atypical Antipsychotics Associated With Equal Efficacy and Brief Hospital Stays in Patients With Acute Psychosis
June 14, 2006
MELBOURNE, June 14 /Xinhua-PRNewswire/ -- A new study
published by physicians from the Mental Health Research
Institute and Monash University of Victoria, Australia,
showed that all atypical antipsychotics studied were
equally efficacious when used at optimal doses as primary
medication for inpatients with acute psychosis.(1) They
were associated with remarkably brief hospital stays. This
hospital-based study adds to the clinical evidence
regarding patient response patterns to the best treatment
approaches of acute psychosis in real-life clinical
practice.
The study published in the International Journal of
Psychiatry in Clinical Practice also found that patients
treated with the atypical antipsychotics quetiapine,
risperidone or olanzapine as primary treatment, in addition
to adjunctive medications, showed a similar time to efficacy
(mean time to efficacy was 11.2, 10.2 and 11.2 days,
respectively).(1) The mean doses of atypical antipsychotics
used were 567 mg quetiapine, 4.1 mg risperidone or 22.5 mg
olanzapine.
Overall, hospital stays for these patients were
remarkably brief despite their initial severe
psychopathological disturbances. Patients treated with
quetiapine, risperidone and olanzapine were discharged from
hospital in just over two weeks (means of 17.0, 16.7 and
15.8 days, respectively). All medication schedules were
associated with good tolerability and no serious side
effects were seen. Patients receiving quetiapine required
significantly less benzodiazepines as co-medication
compared to patients receiving risperidone or olanzapine.
Lead investigator Professor Nicholas Keks, Mental
Health Hospital Research Institute of Victoria, Australia,
commented: "Acute psychosis is a severe mental
condition that greatly disturbs the life of affected
individuals and their families. The most important aim of
therapy is to alleviate symptoms rapidly and, using
medication optimally, to facilitate return to community
care. The atypical antipsychotics studied clearly help to
achieve a return to normal life for these patients."
This study also examined a more rapid titration
schedule of the atypical antipsychotic quetiapine (n = 32)
than the current approved prescribing information. Most
patients responded well to the accelerated titration, which
started at 150-400 mg of quetiapine on day one and increased
to higher doses in the course of treatment.
Prof Keks added: "Clinical guidelines are very
important. However, it is even more important to fine-tune
the therapy approach to the individual to achieve the
optimal treatment outcome, especially in acute psychosis.
Some patients seem to respond well to higher doses of
atypicals or faster titration of quetiapine although larger
studies are necessary to support our findings."
Acute mental illness causes a significant strain on the
healthcare and societal resources. Acute psychosis can
appear suddenly in untreated individuals with
schizophrenia, or schizophrenia-spectrum disorders, but
also people suffering from bipolar disorder or major
depression. It is estimated that approximately one percent
of the population are affected by schizophrenia,(2) four
percent by schizophrenia-spectrum disorders,(3) three to
four percent by bipolar disorder(4) and six percent by
major depression(5).
The retrospective, naturalistic study conducted by
Professor Nicholas Keks and colleagues over a period of 12
months at Box Hill Hospital acute psychiatric care unit
during 2001 included 137 inpatients who were prescribed
atypical antipsychotics as first-line treatment for their
acute psychosis. In total, 37 patients received quetiapine,
38 risperidone and 56 olanzapine in addition to other
medications. Treatment protocols were developed from
published guidelines.
The study was funded by the Mental Health Research
Institute of Victoria.
References:
1) Keks N, Tonso M, Tabone K, et al. Clinical
experience with atypical
antipsychotics in an acute inpatient unit: focus on
quetiapine. Int J
Psychiatry Clin Practice 2006;10(2):138-41.
2) Suppina AL, Patten SB. Self-reported diagnoses of
schizophrenia and
psychotic disorders may be valuable for monitoring
and surveillance.
Can J Psychiatry 2006;51(4):256-9.
3) Mattia JI, Zimmerman M. Epidemiology. In Livesley
WJ, ed. The handbook
of personality disorders. New York, NY: The Guilford
Press, 2001;
107-23.
4) Hirschfeld RMA, Calabrese JR, Weissman MM, et al.
Screening for bipolar
disorder in the community. J Clin Psychiatry
2003;64:53-9.
5) Wittchen ES, Jacobi F. Size and burden of mental
disorders in Europe -
a critical review and appraisal of 27 studies. Eur
Neuropsychopharmacology 2005;15:357-76.
For more informatioin, please contact:
Professor Nicholas Keks
Tel: +61-418-559-341
Mr Ross Johnson
Media Communications Office
Tel: +61-393-881-633
SOURCE Mental Health Research Institute and Monash
University
2007'02.04.Sun
Rising Platinum Costs Impact Pressure Sensitive Industry; Dow Corning Responds with Innovative Solutions
June 13, 2006
MIDLAND, Mich., June 13 /Xinhua-PRNewswire/ -- Platinum
metal plays a vital role in the pressure sensitive industry.
Of the nearly 30 billion square meters of release liners and
films coated globally each year, more than 80 percent
utilize release coatings catalyzed by platinum. In these
applications, platinum is absolutely necessary.
Additionally, liners made with platinum-cured silicone
coating require minimal post-cure and exhibit no reversion,
which are essential factors, especially for in-line
lamination applications.
Unfortunately, the cost of platinum metal, like any
commodity, can fluctuate widely on the global commodity
exchange. Recently, platinum has spiraled upward at an
alarming rate and is not forecasted to decline in the near
future. In 1999, the metal traded for about US$360 per troy
ounce (approximately 31.10 grams). By May 2006, the price
had more than tripled as it reached a historical record of
US$1340, rising over 50 percent in the last year alone.
This trend has very real consequences for the pressure
sensitive industry. For example, at US$850 per troy ounce,
every 0.1 grams of platinum metal in a release coating
costs US$2.73. At current levels of US$1320, that portion
of the release coating manufacturing costs US$4.24. This
calculation reflects only raw metal costs.
In its seventh successive year of deficit, the platinum
market remains undersupplied by 70,000 ounces. This creates
a serious situation for the release coating industry.
In short, supply and demand have put silicone suppliers
in a very difficult situation as they strive to maintain
price stability for their customers and for the pressure
sensitive industry.
Despite significant research investment, the silicone
industry has yet to find an alternative to the platinum
catalyst that can match its technical performance.
However, Dow Corning Corporation adopted a proactive
stance early on, took a risk and invested heavily in the
development of its Syl-Off(R) Advantage Series Solventless
Silicone Release Coatings. The low-cost Syl-Off Advantage
Series line of products is designed to help reduce
vulnerability to swings in platinum metal prices without
sacrificing performance.
To learn more about the Advantage Series and all of Dow
Corning's pressure sensitive solutions, visit
http://www.dowcorning.com/psi . For more information about
the platinum commodities market, go to
http://www.platinum.matthey.com .
For more information, please contact:
Nancy Collins
Dow Corning Corporation
Tel: +1-989-839-5800
Email: collins@agp-inc.com
SOURCE Dow Corning Corporation
2007'02.04.Sun
Atmel and u-blox Introduce Single-chip GPS Receiver with Highest Sensitivity and Low Power Consumption
June 13, 2006
HEILBRONN, Germany and THALWIL, Switzerland, June 13
/Xinhua-PRNewswire/ -- Atmel(R) Corporation (Nasdaq: ATML),
a global leader in the development and fabrication of
advanced semiconductor solutions, and u-blox AG, a leading
provider of innovative GPS receiver technology, announced
today the availability of their latest weak-signal tracking
GPS technology in an ultra-small form factor. The new
single-chip ATR0635 measures just 7 x 10 mm, and integrates
a complete ANTARIS 4 GPS receiver including ROM-based
SuperSense(TM) software in a 96-pin BGA package. The small
size plus the extremely low power consumption (62 mW in
continuous power mode) make the ROM-based ATR0635 an
excellent fit for handheld and mobile applications such as
mobile phones, PDAs, smartphones, after-market navigational
products, and recreational consumer products. Other products
such as GPS "plug-in" accessories for PCs, small
GPS mice, Bluetooth(R) GPS devices, and other accessories
equipped with GPS functionality will also enjoy the single
chip's advantages in terms of small size, reduced power
needs, and built-in features such as the ANTARIS(TM) 4 USB
port. Its high tracking sensitivity of -158 dBm allows for
weak-signal tracking in urban canyons and even indoors.
The 96-pin, ball-grid-array single chip has an
excellent cost-performance ratio due to needing only a few
external components. The ATR0635 also brings benefits such
as simplified chipset integration which accelerates design
projects for ANTARIS 4-based products. A shorter bill of
materials translates into lower design risks. Lower PCB
costs are achieved thanks to a 45% reduction in footprint
and a simplified board layout, but also by reducing costs
in purchasing, stocking and mounting due to the low number
of components. Like all ANTARIS 4 chipsets, the ATR0635
supports serial EEPROM memory, which is a cost- and
space-efficient alternative to Flash EPROMs for storing
custom configuration settings. The on-chip USB connectivity
eliminates the need for an expensive serial-to-USB
converter, which makes ANTARIS 4 products plug-and-play
devices for any PC environment by emulating a standard COM
port to the operating system.
"Combining indoor GPS capability with a low-power,
single-chip GPS receiver perfectly fits the needs of our
customers and enables them to address new, fast-growing
market segments like PDAs and smartphones," said
Atmel's GPS Product Line Manager, Frank Gruson.
"The ATR0635 opens exciting new avenues for OEMs
looking for high-performance GPS receivers to use in mass
market applications with low power and small size
requirements. SuperSense indoor GPS functionality means it
can be used inside buildings, cars and in other difficult
signal conditions without tracking interruptions, making
the ATR0635 ideal for personal navigation devices, for
instance," commented Georg zur Bonsen, Product Manager
at u-blox.
The single-chip device is based on the 16-channel
ANTARIS 4 product generation, which comes with full
WAAS/EGNOS support and provides state-of-the-art
functionality such as Assisted GPS (A-GPS) with a TTFF as
low as four seconds. The ATR0635 operates on 62 mW, but its
power saving modes, together with built-in power management
capabilities, can bring power down to as low as 5
microamps, enabling power critical applications such as
mobile devices to operate longer without having to
compromise functionality.
As an optional extension to the ANTARIS 4 chipset, the
ATR0610, a fully integrated, low-noise amplifier
manufactured using Atmel's innovative Silicon-Germanium
(SiGe) process, is available for use in challenging
reception environments and enables cost-effective antenna
designs.
ATR0635 samples in 7 x 10-mm 96-pin BGA packages are
available now. Atmel and u-blox offer a complete evaluation
kit including ultra-small footprint example design which
helps to dramatically shorten development cycle times.
Footnote
A-GPS = Assisted GPS
EGNOS = European Geostationary Navigational Overlay
System
GPS = Global Positioning Systems
PDA = Personal Digital Assistant
TTFF = Time to First Fix
USB = Universal Serial Bus
WAAS = Wide Area Augmentation System
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).
(C) 2006 Atmel Corporation. All Rights Reserved.
Atmel(R), logo and combinations thereof, 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
Atmel's GPS ATR0635 product information may be
retrieved at:
http://www.atmel.com/dyn/products/product_card.asp?part_id=3932
.
About u-blox
u-blox is an international company headquartered in
Switzerland, with sales organizations in the Americas,
Europe and Asia. Founded in 1997, u-blox develops leading
positioning technology and products based on the Global
Positioning System (GPS) for the automotive and mobile
communications markets. For more information, please visit
http://www.u-blox.com/ .
For more information, please contact:
Atmel Press Contacts:
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
u-blox Press Contacts:
Georg zur Bonsen
Product Management
Tel: +41-44-722-74-44
Email: georg.zurbonsen@u-blox.com
Alicia Montoya
Marketing Communications
Tel: +41-44-722-74-86
Email: alicia.montoya@u-blox.com
SOURCE Atmel Corporation
2007'02.04.Sun
G2E Acquires Asian Gaming Expo
June 14, 2006
G2E Asia to Debut in June 2007
LAS VEGAS, June 14 /Xinhua-PRNewswire/ -- Global Gaming
Expo (G2E), a joint venture of the American Gaming
Association (AGA) and Reed Exhibitions, today announced its
acquisition of the Asian Gaming Expo from the Australasian
Gaming Machine Manufacturers Association (AGMMA). The
Asian Gaming Expo, which currently is comprised of the
largest casino gaming equipment trade exhibition in the
Asian region and the Asian Gaming Expo Conference, will be
renamed G2E Asia and will feature a unique perspective on
the latest trends within the growing Asian gaming market.
G2E, the brand's flagship trade show and conference
event held annually in Las Vegas, attracted more than
26,000 people last year, including more than 4,600
international participants. Through G2E Asia, G2E is
expanding its role as a global resource for the
international gaming community and adding further depth to
its established portfolio of premier global gaming events.
"With Singapore's decision last year to legalize
casinos and Macau's gaming operations flourishing, Asian
gaming markets are playing a larger role in the global
gaming landscape," said Frank J. Fahrenkopf, Jr.,
president and CEO of the AGA. "As the leading
resource for the worldwide gaming industry, G2E is creating
G2E Asia to highlight the remarkable growth in the Asian
gaming markets and bring the unbeatable quality and value
of the G2E experience to an even larger audience."
G2E announced the acquisition during the 2006 Asian
Gaming Expo, scheduled for June 13-14, and will assume
ownership immediately following the event. G2E Asia is set
to debut June 12-13, 2007 at the Macau Tower. The 2008
event will be held at The Venetian Macao, a new mega-resort
property scheduled to open next year.
For more information about G2E's entire portfolio of
events, visit http://www.globalgamingexpo.com .
Global Gaming Expo (G2E) is the international gaming
trade show and conference "by the industry and for the
industry". Organized by the American Gaming
Association (AGA) and Reed Exhibitions, G2E made its debut
in fall 2001, defining itself as the pre-eminent show for
the gaming-entertainment industry.
The AGA represents the commercial casino-entertainment
industry by addressing federal legislative and regulatory
issues. The association also serves as a clearinghouse for
information, develops educational and advocacy programs, and
provides leadership on industry-related issues of public
concern.
Reed Exhibitions is a world leader in creating high
profile, targeted industry events where buyers and
suppliers come together to do business. Every year, Reed
events bring together some 90,000 suppliers and over 5.5
million buyers from around the world. Today, Reed events
are held in 32 countries throughout the Americas, Europe,
the Middle East, Africa and Asia/Pacific, and are organized
by 26 fully staffed offices. Reed's portfolio of more than
420 events services 49 industries in 12 key sectors.
The Australasian Gaming Machine Manufacturers
Association (AGMMA) is a not-for-profit industry
association whose members provide technology and equipment
to hospitality venues in more than 250 jurisdictions around
the world.
For more information, please contact:
Kimberlie Leon
Tel: +1-203-840-5653
Holly Thomsen
Tel: +1-202-637-6506
SOURCE American Gaming Association; Reed Exhibitions
2007'02.04.Sun
Otis Elevator Company Named Top 50 Best Employer in China for Third Consecutive Year
June 13, 2006
FARMINGTON, Conn., June 13 /Xinhua-PRNewswire/ -- Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), has been named for the third consecutive year a "Best Employer" by Chinese university graduates. Otis was ranked among the top 50 best employers in a survey conducted through http://51job.com, one of the largest and most prestigious online professional recruiting companies in China. Surveyed were 58,665 graduates from 40 key universities in 27 provinces. "We are proud to once again receive this recognition from China's future leaders," said Ari Bousbib, president of Otis. "It is a reflection of Otis' investment, strong growth and market leadership in China as well as our commitment to empowering and developing our employees." The survey also indicated that China's graduates have become more selective in choosing potential employers. In addition to salary and benefits, Chinese job-seekers now weigh factors such as an employer's financial strength, growth prospects, and training and development programs. Over the past five years, Otis moved from a middle-of-the-pack, single-digit market share player in the Chinese elevator market to a strong leadership position with more than 25 percent share. Today, its extensive in-country engineering and manufacturing facilities provide the full array of Otis products to both domestic and overseas markets, and a network of branch operations offer installation, maintenance, upgrade and repair services in more than 150 locations in nearly 40 cities throughout China. Otis' 7,000 employees in China may participate in a wide variety of company-sponsored training and development programs, including Otis University, a global management development curriculum, as well as the United Technologies Corporation Employee Scholar Program. As part of the Employee Scholar Program, the company prepays tuition and related costs for employees who wish to pursue graduate and undergraduate degrees, and recognizes attainment of each degree with an award of United Technologies Corporation stock. Otis Elevator Company is the world's largest manufacturer and maintainer of people-moving products including elevators, escalators and moving walkways. With headquarters in Farmington, Connecticut, Otis employs 60,000 people, offers products and services in more than 200 countries and territories and maintains more than 1.5 million elevators and escalators worldwide. United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. For more information, please contact: Tizz Weber Director, Communications Programs 860-676-6127 Tizz.Weber@Otis.com SOURCE Otis Elevator Company
2007'02.04.Sun
Telcontar Announces Name Change to deCarta
June 13, 2006
SAN JOSE, Calif., June 13 /Xinhua-PRNewswire/ --
Telcontar, the leading supplier of software platforms and
services for the location-based services (LBS) market,
today announced that it is changing its corporate name to
deCarta. The new corporate identity reflects the Company's
objective and commitment to deliver the most advanced
geospatial software and services to Internet, mobile and
telematics applications. In connection with the name
change, the company also unveiled a new corporate logo and
began doing business under the new name and identity as of
today.
After 10 years in the geospatial industry, Telcontar
has decided to make the name change to deCarta to more
effectively market the strengths of the company and
highlight its positioning in the industry. It has recently
expanded its international presence in Europe and
Asia-Pacific and has had record growth in the past two
years.
"Leveraging the Latin word 'carta' -- meaning map,
and 'cartography' -- the science and art of making maps for
navigation, our name change to deCarta more effectively
aligns the company's corporate name with our business focus
and core strengths," stated J. Kim Fennell, CEO of
deCarta. "Our product strategy and business model
remains unchanged, and we look forward to continuing our
successful track record of delivering the most advanced
geospatial platform solutions and services to our customers
as deCarta. We are the same company with a new name,"
he said.
Through the next few months the company will unveil its
new visual identity and Web site. During the transition
period, customers, developers and interested parties will
still be able to access the company website site through
http://www.telcontar.com or http://www.decarta.com .
About deCarta
deCarta (formerly Telcontar) provides the enabling
geospatial software platform that powers today's leading
location-based applications. The company specializes in
providing solutions ideal for Internet, mobile, and
telematics applications where scalability, speed, and
reliability are vital. Its Drill Down Server(R) geospatial
software platform and Rich Map Engine powers today's most
successful and widely deployed LBS applications. deCarta
customers and technology partners include AND, Appello,
Ask, ATX, Google, Hutchison Mobile, Local Matters,
Motorola, NAVTEQ, Networks In Motion, Pharos, Rand McNally,
Tele Atlas, and Yahoo!. deCarta is privately held and
headquartered in San Jose, California with international
offices in the UK, France and Hong Kong. Additional
information about deCarta, its products and services, and
past press releases can be found at the Company's web site:
http://www.decarta.com .
NOTE: deCarta, the deCarta logo, Drill Down Server,
and Rich Map Format are trademarks or registered trademarks
of deCarta, Inc. in the United States and/or other
countries. All other product or company names are
trademarks or registered trademarks of their respective
holders.
For more information, please contact:
Erin Lumley
MSR Communications
Tel: +1-415-989-9000
Email: erin@msrcommunications.com
Robert Young Director, Marketing Communications
deCarta
Tel: +1-408-625-3567
Email: ryoung@decarta.com
Web: http://www.decarta.com
http://www.telcontar.com
SOURCE deCarta, Inc.
2007'02.04.Sun
World Blood Donor Day 2006
June 13, 2006
Most Countries Fall Short of Ensuring a Safe Blood Supply But Some Progress Made
GENEVA, June 13 /Xinhua-PRNewswire/ -- The world is
making slow progress towards the goal of 100% unpaid,
voluntary blood donation, falling short of ensuring the
safety and the sustainability of blood supplies. Most
developing countries still depend on paid donors or family
member donors. However, some countries such as China,
Malaysia and India have shown progress in the last two
years by applying stricter principles within their AIDS
prevention programmes.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20040610/CNTH001LOGO )
On World Blood Donor Day, 14 June, the World Health
Organization (WHO) publishes findings from its most recent
global survey on blood collection and blood testing
practices.
Regular, unpaid voluntary donors are the mainstay of a
safe and sustainable blood supply because they are less
likely to lie about their health status. Evidence
indicates that they are also more likely to keep themselves
healthy. South Africa, for instance, has an HIV prevalence
of 23.3 % in the adult population but only 0.03% among its
regular blood donors.
The WHO survey shows that out of the 124 countries that
provided data to WHO, 56 saw an increase in unpaid voluntary
donation. The remaining 68 have either made no progress or
have seen a decline in the number of unpaid voluntary
donors. Of the 124 countries, 49 have reached 100% unpaid
voluntary blood donation. Out of those 49, only 17 are
developing countries.
The number of donations per 1000 population is about 15
times greater in high-income than in low-income countries.
This is concerning because developing countries have an
even greater need for sustained supplies of safe blood
since many conditions requiring blood transfusions -- such
as severe malaria-related anaemia in children or serious
pregnancy complications -- are still claiming over one
million lives every year. About 25% of deaths caused by
severe bleeding during delivery could be prevented through
access to safe blood.
In the area of blood testing, 56 out of 124 countries
did not screen all of their donated blood for HIV,
hepatitis B and C and syphilis. Reasons given for this
include scarcity or unaffordability of test kits, lack of
infrastructure and shortage of trained staff.
On the other hand, several countries have risen to the
challenge. Of the countries surveyed, St. Lucia made the
biggest jump forward, going from 24.39% of collected blood
coming from unpaid volunteers in 2002 to 83.05% in 2004.
Malaysia went from 50% in 2002 to 99% in 2004 and India
from 45% to 52.42%.
According to government responses to the WHO
questionnaire, the reason for progress is tied to stronger
AIDS prevention programmes.
In China, government figures show that all donated
blood in 2005 was tested for the four infections. In the
area of blood donation, China has seen a rise of unpaid
voluntary donors from 22% in 1998 to 94.5% in 2005. China's
progress is due particularly to its reduction of commercial
blood and plasma, thus minimizing the practice of
unregulated blood collection and provision throughout the
country while also strengthening HIV prevention.
The World Health Organization introduced the 100%
unpaid, voluntary blood donation policy in 1997. World
Blood Donor Day, an annual event on June 14, is a day to
help governments reach that target by creating awareness of
the need for sustainable supplies of safe blood. It is also
a day to thank existing blood donors for the remarkable gift
they make to those whose lives they have improved or saved,
and to encourage new donors to commit.
Commitment is the theme of this year's World Blood
Donor Day; from regular and potential donors, but also from
governments and the global community to maintain blood
safety high on the agenda as a vital factor in treatment
and disease prevention.
The global celebration of World Blood Donor Day 2006 on
June 14 will take place in Bangkok, Thailand. It will be
hosted by the WHO Collaborating Centre for Training in
Blood Transfusion Medicine and the Thai Red Cross Society
National Blood Centre. Over 100 other countries will join
in the celebrations.
World Blood Donor Day was established at the 58th World
Health Assembly in May 2005 by WHO's 192 Member States, to
urge all countries in the world to thank blood donors,
promote voluntary, unpaid blood donations and ensure safe
supplies of blood for all.
For more information, please contact:
Daniela Bagozzi
Communications Officer, WHO
Tel: +41-22-791-45-44
Mobile: +41-79-475-54-90
E-mail: bagozzid@who.int
Web: http://www.who.int/worldblooddonorday/en/
SOURCE World Health Organization
2007'02.04.Sun
Bayer AG Announces It May Purchase Schering Shares in Open Market or Privately Negotiated Transactions at Prices Above Offer Price
June 13, 2006
- Dritte BV GmbH, a subsidiary of Bayer AG, may
continue to purchase
Schering shares in open market or privately
negotiated transactions
- If Schering shares are purchased in such
transactions at prices above
EUR 86.00, as required by German law, Dritte BV GmbH
will pay the
highest such purchase price for all Schering shares
tendered and
accepted for purchase in the Schering tender offer,
subject to
satisfaction of the conditions to the offer,
including the minimum
acceptance threshold
LEVERKUSEN, Germany, June 13 /Xinhua-PRNewswire/ --
Bayer Aktiengesellschaft ("Bayer AG") announced
today that Dritte BV GmbH (the "Bidder") had
purchased an additional 530,417 bearer shares with no par
value (the "Shares") of Schering
Aktiengesellschaft ("Schering") at EUR 86.00 per
Share on Monday, June 12, 2006 in open market or privately
negotiated transactions and may continue to purchase Shares
in such transactions. As of 15:00 hours Frankfurt time /
9:00 a.m. New York City time on June 12, 2006, the Bidder
held 45,321,928 Shares (23.36% of the nominal capital and
voting rights of Schering).
Bayer AG, the Bidder or persons acting on their behalf
may acquire Shares (but not American Depositary Shares
("ADSs") of Schering) in open market or privately
negotiated transactions outside the United States. If any
such purchases are made at prices above the tender offer
price of EUR 86.00 per Share then, by operation of German
law, the Bidder will automatically be obligated to pay the
highest such price for all Shares it acquires in the tender
offer, including all Shares represented by ADSs. Whether or
not the offer price is increased by reason of such
purchases, the Offer will expire on June 14, 2006 at 24:00
hours Frankfurt time / 6:00 p.m. New York City time. No
assurance can be made that any purchases will be made or,
if such purchases are made, as to the prices thereof.
If the Bidder, Bayer AG or any person acting on their
behalf acquires any Shares outside the Offer in open market
or privately negotiated transactions (whether at, above or
below EUR 86.00 per Share), Bayer AG will disclose the
number of Shares acquired, the highest price paid per Share
and, if applicable, the increased offer price in the United
States at approximately the same time such disclosure is
made in Germany in accordance with German law. Among other
things, information regarding such purchases will be
published in the Borsen-Zeitung each morning in accordance
with German law and posted on Bayer AG's website at
http://www.bayer.com . Such information will also be
disclosed by press release in the United States prior to
the opening of the New York Stock Exchange on any given day
and an amendment to Schedule TO will be filed with the
Securities and Exchange Commission.
A copy of the notification published by Bayer AG in the
Borsen-Zeitung on June 13, 2006 is attached hereto as Annex
I.
The Offer remains subject to a number of conditions,
including the minimum acceptance threshold, that must be
satisfied at the end of the acceptance period. By
operation of German law, the acceptance period for the
Offer expires on June 14, 2006 at 24:00 hours Frankfurt
time / 6:00 p.m. New York City time. Under German law, the
acceptance period for the Offer cannot be extended by Bayer
AG or the Bidder.
Additional information and the official offer document
are available on the Internet at http://www.bayer.com .
Leverkusen, June 13, 2006
ha (2006-0305-E)
ANNEX I
Dritte BV GmbH
Kaiser-Wilhelm-Allee 1, D-51373 Leverkusen,
Federal Republic of Germany
Announcement according to Section 23 (1) Sentence 1 No.
1 of the German Securities Acquisition and Takeover Act
(WpUG) regarding the voluntary public takeover offer
to the shareholders of
Schering Aktiengesellschaft
- ISIN DE0007172009 / WKN 717200 -
- ISIN US8065852043 / CUSIP 806585204 -
On April 13, 2006, Dritte BV GmbH has published the
offer document for the voluntary public takeover offer of
Dritte BV GmbH to the shareholders of Schering
Aktiengesellschaft, MullerstraBe 178, 13353 Berlin, Federal
Republic of Germany, for the acquisition of all bearer
shares with no par value, including all bearer shares with
no par value represented by American Depositary Shares
(ADSs). After the offer having been amended, the acceptance
period now ends on June 14, 2006, 24:00 hours local time
Frankfurt am Main, Federal Republic of Germany, resp. June
14, 2006, 6:00 p.m. local time New York, U.S.A.
As of June 12, 2006, 3:00 p.m. local time Frankfurt am
Main, Federal Republic of Germany, resp. June 12, 2006,
9:00 a.m. local time New York, U.S.A. ("effective
date"), Dritte BV GmbH held 45,321,928 shares in
Schering Aktiengesellschaft (23.36% of the nominal capital
and the voting rights). As of the effective date, the
takeover offer has been accepted for 71,360,044 shares in
Schering Aktiengesellschaft. This amounts to 36.78% of the
nominal capital and the voting rights in Schering
Aktiengesellschaft.
The total number of shares in Schering
Aktiengesellschaft for which the takeover offer has been
accepted as of the effective date and shares in Schering
Aktiengesellschaft held by Dritte BV GmbH and persons
acting in concert with it as defined in Section 2 (5) of
the WpUG and their subsidiaries as of the effective date
therefore amounts to:
Share
Number of shares Share of the nominal capital of
voting rights
116,681,972 60.15%
60.15%
Dritte BV GmbH and persons acting in concert with it as
defined in Section 2 (5) of the WpUG and their subsidiaries
neither directly nor indirectly hold further shares in
Schering Aktiengesellschaft as of the effective date.
Further rights to vote are not assigned to them either.
Acquisitions outside of the offer
according to Section 23 (2) of the WpUG
On June 12, 2006, prior to the effective date, Dritte
BV GmbH directly acquired outside of the offer 530,417
shares in Schering Aktiengesellschaft (0.27% of the nominal
capital and the voting rights) at a price of EUR 86.00 in
cash.
Leverkusen, June 13, 2006
Dritte BV GmbH
The Management
Important Information:
This is neither an offer to purchase nor a solicitation
of an offer to sell shares or American depositary shares of
Schering AG. The offer has been made by Dritte BV GmbH, a
wholly-owned subsidiary of Bayer AG, for all bearer shares
with no par value of Schering AG (including all bearer
shares with no par value represented by American depository
shares). The terms and conditions of the offer, including
any possible extension of the acceptance period in case of
a competing offer by a third party, have been published in
the offer document after the permission of the German
Federal Financial Supervisory Authority (Bundesanstalt fur
Finanzdienstleistungsaufsicht, BaFin) has been obtained on
April 12, 2006. Dritte BV GmbH also has filed a tender
offer statement with the U.S. Securities Exchange
Commission (SEC) with respect to the takeover offer.
Investors and holders of shares and American depositary
shares of Schering AG are strongly advised to read the
tender offer statement and other relevant documents
regarding the takeover offer filed by Dritte BV GmbH with
the SEC because they contain important information.
Investors and holders of shares and American depositary
shares of Schering AG will be able to receive these
documents free of charge at the SEC's web site (
http://www.sec.gov ), or at the web site
http://www.bayer.com .
This is not an offer of Bayer AG's securities for sale
in the United States. No such securities have been
registered under the U.S. Securities Act of 1933, as
amended, and no such securities may be offered or sold in
the United States absent registration or an exemption from
registration. Any public offering of securities to be made
in the United States must be made by means of a prospectus
that contains detailed information about the issuer, its
management and its financial statements.
Bayer AG has been granted exemptive relief from the
provisions of Rule 14e-5 under the U.S. Securities Exchange
Act of 1934, as amended, permitting it (or Dritte BV GmbH or
certain of its other affiliates or financial institutions on
its behalf) to make purchases of shares of Schering AG
outside of the takeover offer until the end of the offer
period, subject to certain conditions. Accordingly, to the
extent permissible under applicable securities laws and in
accordance with normal German market practice, Bayer AG,
Dritte BV GmbH or its nominees or its brokers (acting as
agents) may from time to time make certain purchases of, or
arrangements to purchase, shares of Schering AG outside the
United States, other than pursuant to the offer, before or
during the period in which the offer is open for
acceptance. These purchases may occur either in the open
market at prevailing prices or in private transactions at
negotiated prices. Any information about such purchases
will be disclosed as required by applicable securities
laws.
The distribution of this announcement and the offer and
sale of the securities described in this announcement in
certain jurisdictions may be restricted by law. Any persons
reading this announcement should inform themselves of and
observe any such restrictions. This announcement may not be
taken, distributed or transmitted, directly or indirectly,
in any form in or into Italy, Canada or Japan.
This communication is directed only at persons who (i)
are outside Italy, the United Kingdom, Canada or Japan or
(ii) have professional experience in matters relating to
investments or (iii) are persons falling within Article 49
(2)(a) to (d) ("high net worth companies,
unincorporated associations etc") of The Financial
Services and Markets Act 2000 (Financial Promotion) Order
2001 (all such persons together being referred to as
"relevant persons"). This communication must not
be acted on or relied on by persons who are not relevant
persons. Any investment or investment activity to which
this communication relates is available only to relevant
persons and will be engaged in only with relevant persons.
This announcement is not an offer of securities for
sale in Germany and is not a listing prospectus according
to the German Securities Prospectus Act
(Wertpapierprospektgesetz) as amended, the Commission
Regulation (EC) No 809/2004 of 29 April 2004 as amended, or
any other laws applicable in Germany governing the issue,
offering and sale of securities. Any investment decisions
or advices for investment decisions should only be made or
given based on a prospectus which also includes a section
on risk factors.
For more information, please contact:
Christian Hartel,
Bayer AG
Tel: +49-214-30-47686
Email: christian.hartel.ch@bayer-ag.de
Web: http://www.bayer.com
SOURCE Bayer AG
2007'02.04.Sun
GSM Mobile Phones Notch Up More Than Two Billion Users
June 13, 2006
LONDON, June 13 /Xinhua-PRNewswire/ --
- By this weekend, GSM mobile phones will be used by
more than two
billion people worldwide -- almost twice as many as
use the Internet.
- The second billion has taken just two and a half
years to
achieve -- every minute, the GSM community welcomes
1,000 new users.
- The phenomenal growth of GSM, which is in use in 213
countries and
territories, is being driven by soaring demand in
Asia, Africa and
Latin America. Of the second billion GSM connections,
82% are in the
developing world.
- China is the world's largest GSM market followed by
Russia, India and
the US.
- Five of the top 10 fastest growing GSM markets are in
Asia
- GSM users now send one trillion text messages each
year
- In China, sales of music via mobile phones outstrip
sales of music CDs
Pictures and facts available at:
www.gsmworld.com/2billion_images.shtml
The GSM Association is a global trade association
representing more than 680 mobile phone operators in 213
countries.
For more information, please contact:
David Pringle, Media Relations Manager,
GSM Association
Tel: +44-795-755-6069
Email: press@gsm.org
Web: http://www.gsmworld.com/2billion_images.shtml
SOURCE GSM Association
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