2007'02.01.Thu
Mobile Computer Milestone: Symbol Technologies Announces Sale of 500,000th MC9000 Mobile Computer
May 09, 2006
HOLTSVILLE, N.Y., May 9 /Xinhua-PRNewswire/ -- Symbol
Technologies, Inc. (NYSE: SBL), The Enterprise Mobility
Company(TM), today announced that it has sold its 500,000th
MC9000 mobile computer solidifying Symbol's rugged mobile
computer leadership status. Symbol also announced the
500,000th unit was purchased by longstanding customer
Coca-Cola Enterprises.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20041029/SYMBOLOGO )
"The Symbol MC9000 mobile computer is an integral
part of our overall mobile solution. The new technology
allows us to deliver applications with new functionality --
such as signature capture and e-documents, that make our
business more effective," said Jim Long, Manager,
Mobile Computing Services, Coca-Cola Enterprises.
Approximately two and a half years ago, Symbol first
introduced its premium line of MC9000 rugged mobile
computers for mission-critical enterprise applications.
Highly rugged design, multi-mode wireless connectivity,
choice of three ergonomic form factors and a versatile
ecosystem of partners have resulted in unprecedented market
acceptance. With the Microsoft(R) Windows(R) computing
platform and Intel(R) XScale(TM) processors, the MC9000
family of mobile computers helps to maximize the efficiency
and productivity of mobile workers in the supply chain as
well as the retail, manufacturing, field service,
transportation and logistics industries. Symbol continues
to build on its flagship line offering customers the latest
technology advancements including wide area network (WAN)
with Push-to-Talk Walkie-Talkie capability and integrated
GPS (Global Positioning System), 802.11a/b/g wireless LAN
(WLAN) and Bluetooth-enabled wireless personal area network
(WPAN) -- for anytime, anywhere voice, video and data
connectivity.
"We are proud to celebrate this significant
customer acceptance milestone that recognizes the
widespread business need for Symbol's MC9000 line of mobile
computers," said Brian Viscount, vice president of
product marketing for Symbol's mobile computing division.
"Symbol's focus on innovation and providing the latest
technology advancements allows us to maintain best-in-class,
best-selling rugged mobile computer status and enables us to
provide customers with a versatile tool to increase worker
productivity and improve operational efficiencies."
About Symbol Technologies
Symbol Technologies, Inc., The Enterprise Mobility
Company(TM), is a recognized worldwide leader in enterprise
mobility, delivering products and solutions that capture,
move and manage information in real time to and from the
point of business activity. Symbol enterprise mobility
solutions integrate advanced data capture products, radio
frequency identification technology, mobile computing
platforms, wireless infrastructure, mobility software and
world-class services programs. Symbol enterprise mobility
products and solutions are proven to increase workforce
productivity, reduce operating costs, drive operational
efficiencies and realize competitive advantages for the
world's leading companies. More information is available
at http://www.symbol.com .
For more information, please contact:
For media information
Traci Hoch
Symbol Technologies, Inc.
Tel: +1-631-738-5426
Email: traci.hoch@symbol.com
Danielle Richichi
Edelman Public Relations
Tel: +1-212-819-4804
Email: danielle.richichi@edelman.com
For financial information
Lori Chaitman
Symbol Technologies, Inc.
Tel: +1-631-738-5050
Email: lori.chaitman@symbol.com
For industry analyst information
Shirley Schroedl
Symbol Technologies, Inc.
Tel: +1-631-738-4823
Email: shirley.schroedl@symbol.com
SOURCE Symbol Technologies, Inc.
PR
2007'02.01.Thu
Resilience Announces New Check Point UTM Appliances
May 09, 2006
MOUNTAIN VIEW, Calif., May 9 /Xinhua-PRNewswire/ --
Resilience(R) Corporation, manufacturer of
ultra-high-availability security appliances today announced
an agreement to integrate Check Point(R) Software
Technologies Ltd. (Nasdaq: CHKP) new VPN-1(R) UTM and
VPN-1(R) Power applications on Resilience appliance
platforms.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20040831/SFTU058LOGO )
VPN-1 UTM is Check Point's new unified threat
management solution that combines firewall, intrusion
prevention, gateway antivirus, anti-spyware, Web
application firewall, and both IPSec and SSL VPNs in a
fully integrated and easy-to-manage solution. VPN-1(R) UTM
scales for enterprises of all sizes, helping customers
simplify security deployments by consolidating
best-of-breed security functions within a single solution.
VPN-1 Power delivers comprehensive, accelerated
security for demanding environments, with tightly
integrated firewall, VPN, and intrusion prevention
technologies that provide comprehensive security and remote
connectivity for corporate applications and network
resources. It accelerates the industry's most intelligent
security inspection technologies, Stateful Inspection and
Application Intelligence(TM), providing preemptive attack
prevention against both network- and application-layer
attacks for high performance networks.
States Liam Shepherd, Resilience's vice president of
product management and marketing, "Check Point's
dynamic product development keeps Resilience ahead of our
competitors in being able to offer the world's best
security on our purpose-built Check Point appliances and is
a key part of our best-of breed strategy for offering
customers superior security, performance, and value. I
welcome this opportunity to support VPN-1(R) UTM and VPN-1
Power on our Ndurant and Ndurant Express product
lines."
"The combination of Check Point VPN-1 UTM and
VPN-1 Power gateways with Resilience's fault tolerant
network appliances offers customers scalable and
easy-to-deploy unified threat management and high
performance security solutions," said Ken Fitzpatrick,
CMO of Check Point Software Technologies. "As more and
more attacks become prolific and companies work to manage
the extensive communication traffic via the Internet,
partnerships such as this one will be vital for customers
to secure their business continuity and network
environments."
About Resilience Corporation
Resilience sets the standard for solutions that advance
business continuity through its ultra-available technology
for networks and its landmark Continuous Secured
Ownership(SM) program that eliminates hardware EOL.
Resilience has delivered innovative fault-tolerant and high
availability network appliances since 1995. The company
holds three key patents in fault-tolerant computing.
Resilience partners with leading application providers to
offer High-Availability solutions for: firewalls, Web
security, SSL VPN, and others. Resilience is a privately
held, venture-backed company with corporate headquarters in
Mountain View, California and sales offices worldwide. For
more information: http://www.resilience.com .
For more information, please contact:
Bob Matlow of Resilience Corporation
Tel: +1-888-297-8515 x931 or +1-650-230-2200
Email: bob.matlow@resilience.com
SOURCE Resilience Corporation
2007'02.01.Thu
Hughes Announces Next Generation Broadband Satellite Platform Supporting DVB-S2 Standard
May 09, 2006
Hughes First in Industry to Implement Adaptive Coding and Modulation Feature
GERMANTOWN, Md., May 9 /Xinhua-PRNewswire/ -- Hughes
Network Systems, LLC (HUGHES), the world's leading provider
of broadband satellite network solutions and services, today
announced the introduction of its next-generation platform,
the HN System, which will support the most efficient
implementation of the DVB-S2 industry standard with ACM
(Adaptive Coding and Modulation). The HN system is also
compliant with IPoS (IP over Satellite, the first global
satellite industry standard approved by TIA in North
America, and ETSI and ITU in Europe.
Hughes' implementation of DVB-S2 with the ACM feature,
as defined in the standard, gives Hughes customers higher
system availability and greater throughput for a given
antenna size. The HN system optimizes link performance,
even in networks with geographically diverse locations and
in high rain areas, by adjusting error-correcting codes and
modulation dynamically based on signal quality feedback from
HN remote terminals. The greatly improved Low Density
Parity Check (LDPC) error correcting codes, combined with
the adaptability features, make the Hughes solution the
most efficient DVB-S2 platform on the market today.
"The HN System with DVB-S2 will take satellite
broadband performance to the next level," said Pradman
Kaul, Hughes Chairman and CEO. "Along with higher
speeds and improved bandwidth, our newest system solution
will also provide significantly improved operational
efficiency. This truly will unlock the full power of
DVB-S2 for system operators and for their customers."
The new HN7000S remote platform consists of the HN7700S
for high-end enterprise and government applications, the
HN7000S for less demanding business requirements, and the
HN7740S for integrated VoIP and broadband services. These
remote terminals will support both DVB-S and DVB-S2
standards, providing operators an easy transition to
DVB-S2. The DVB-S2 NOC (Network Operations Center)
configurations include the HN NOC(LX), a full-size NOC, and
the cost-effective and scalable HN NOC(CX) for small initial
network requirements. The NOCs support both DVB-S2 and
DVB-S remote terminals.
The HN platform can be easily configured to support a
wide range of data rates, giving international service
providers a great deal of flexibility in designing their
service plans. Key features of the Hughes DVB-S2 standard
implementation include QPSK and 8PSK modulations for higher
throughputs; efficient LDPC coding; and ACM for improved
availability and power conservation.
Shipment of the DVB-S2 compliant product line to
international service providers will begin by late Q2 2006.
HughesNet(TM) solutions and services based on DVB-S2
will be announced as they are rolled out at Hughes-owned
and operated facilities in the US, Europe, Brazil, and
India.
About Hughes Network Systems
Hughes Network Systems, LLC (HUGHES) is the global
leader in providing broadband satellite networks and
services for large enterprises, governments, small
businesses, and consumers. HughesNet encompasses all
broadband solutions and managed services from Hughes,
bridging the best of satellite and terrestrial
technologies. To date, Hughes has shipped more than one
million systems to customers in over 100 countries. Its
broadband satellite products are based on the IPoS (IP over
Satellite) global standard, approved by the TIA, ETSI, and
ITU standards organizations.
Headquartered outside Washington, D.C., in Germantown,
Maryland, USA, Hughes maintains sales and support offices
worldwide. Hughes is a wholly owned subsidiary of Hughes
Communications, Inc. (OTC Bulletin Board: HGCM). For
additional information, please visit http://www.hughes.com
.
HUGHES, HUGHESNET, and IPOS are trademarks of Hughes
Network Systems, LLC.
For more information, please contact:
Judy Blake of Hughes Network Systems, LLC
Tel: +1-301-601-7330
Email: jblake@hns.com
Colleen Stroh of Brodeur
Tel: +1-202-775-2648
Email: cstroh@brodeur.com
SOURCE Hughes Network Systems, LLC
2007'02.01.Thu
TNS Reports: Automotive Companies Rated Highly for Corporate Social Responsibility in Emerging Markets
May 09, 2006
Shell Ranked Highest, Followed by the Two Volkswagen JVs in China
SHANGHAI, China, May 9 /Xinhua-PRNewswire/ -- Consumers
in emerging markets expect automotive corporations to take
an active role in the economic and social development of
their country, according to recent findings from TNS
Automotive, the world's largest automotive research
company.
The 2006 Global Corporate Social Responsibility (CSR)
study, which was conducted in March and April across 16
countries, reveals that emerging markets such as Thailand,
India, and China rate automotive related companies higher
in regards to corporate social responsibility than mature
markets of the west. The study attributes this to the
general public's high ratings of the automotive sector in
emerging markets for generating jobs and improving quality
of life.
Chris Bonsi, regional director TNS Automotive explains:
"Thailand, India, and China have recorded
phenomenal industry growth in the automotive sector and
consumers in these markets see automotive related companies
playing an integral role in the economic and social
development of their country. Conversely, the governments
of some emerging markets do not fully recognise the
contribution of the automotive sector in generating jobs
for their country -- in some cases, levying high taxes on
the automotive sector because the end-products are seen to
be luxury items that only a few can afford, without
considering the jobs the sector creates for everyday people
manufacturing, distributing, and servicing these
products."
Bonsi adds, "For mature markets, consumers rate
the automotive sector poorly on job generation and impact
on the environment. Therefore, the strategies for
corporations in improving their reputation for corporate
social responsibility would need to vary depending on
market maturity."
The Global CSR study was conducted by TNS to understand
the general public's perception of the automotive sector in
regards to compliance and contribution towards corporate,
social, environmental, and philanthropic activities.
Consumers were asked to rate corporations from the
passenger car, commercial vehicle, motorcycle, tire, and
oil sectors. All of the scores were indexed using TNS'
globally recognized TRI*M stakeholder management system
with the global average set to 100. Scores above one
hundred indicate strong public goodwill towards the
corporation.
Among the 45 companies surveyed in China, Shell ranked
highest for corporate social responsibility with strong
ratings for sustaining the environment through innovation
and technology. Following closely behind Shell were the JV
companies of Volkswagen -- Shanghai VW and FAW VW. Both
Shanghai VW and FAW VW received very favourable ratings for
manufacturing safe products and for improving the quality of
life for people in China.
"Shell and Volkswagen look back to a quite long
history of activities in China and enjoy a very good
reputation. The results of the study clearly indicate that
Chinese consumers acknowledge the contribution of the three
companies to the formidable success of the automotive
industry on the mainland", says Klaus Paur, Director
Automotive at TNS China."
The study shows that consumers across the world are
very likely to accept or reject a corporation based on its
reputation for social and environmental responsibility. In
China, nine out of ten consumers indicated that they were
more likely to purchase a product or service from a
corporation with responsible business practices while nine
out of ten indicated that they would refrain from
purchasing a product or service if the corporation failed
to follow environmentally friendly or ethical business
practices.
Klaus Paur, Director Automotive at TNS China explains,
"These findings clearly show that values are important
to consumers in China. Corporations that realise this and
strengthen CSR activities will benefit from the goodwill
they will generate with consumers in China."
Bonsi concludes, "The general public is a very
important stakeholder for the automotive industry as a
corporation's reputation is often judged in the court of
public opinion. Corporations that fail to engage society
often suffer serious consequences when there is a crisis.
However, corporations that develop strong public goodwill
can use this as 'social insurance' to tide them over during
difficult periods. The CSR champions identified by this
study are already seeing the value in their investment; now
other companies, need to take notice."
Notes to Editor:
The TNS Automotive Global Corporate Social
Responsibility (CSR) provides an in-depth understanding of
global perceptions of the general public towards automotive
corporations. The report is based responses from over
16,000 consumers in 16 major automotive markets. The TNS
Global CSR study will be conducted on an annual basis to
provide the industry with the most up-to-date information
on the general public's perceptions of their CSR
performance and the goodwill derived from their
activities.
About TNS
TNS is a market information group:
-- The world's largest provider of custom research and
analysis
-- A leader in political and social polling
-- A major supplier of consumer panel, media
intelligence and TV and
radio audience measurement services.
TNS operates across a global network in over 70
countries, allowing us to provide internationally
consistent, up-to-the-minute and high quality information
and analysis.
The group's employees deliver innovative thinking and
excellent service to local and multi-national clients
worldwide. In the custom business, they combine in-depth
sector knowledge with expertise in the areas of new product
development, positioning and segmentation research, brand
and advertising research and stakeholder management.
TNS' strategic goal is to be recognised as the global
leader in delivering value added information and insights
that help our clients to make more effective decisions.
TNS is the sixth sense of business.
http://www.tns-global.com
About TNS Automotive
TNS is a leading provider of Automotive research.
Teams of researchers dedicated to the automotive sector
combine in-depth market knowledge, the latest research
techniques and sophisticated technology to provide
immediate and informed market measurement, analysis and
insight for all your research requirements, be they global
or local, customised or syndicated, quantitative or
qualitative. We act as your sixth sense of business.
This press release is provided for editorial use only.
No advertising or other promotional use can be made of the
press release without prior written approval from TNS
(chris.bonsi@tns-global.com).
For more information, please contact:
Shanghai:
Melanie Stroehlein
Tel: +86-21-6360-0808
Fax: +86-21-6360-0908
Email: melanie.stroehlein@tns-global.com
Gigi Yuan
Tel: +86-21-63600808 ext.162
Fax: +86-21-6360-0908
Email: gigi.yuan@tns-global.com
Web: http://www.tns-global.com
Singapore:
Chris Bonsi
Tel: +65-6355-8142
Fax: +65-6258-2672
Email: chris.bonsi@tns-global.com
SOURCE TNS
2007'02.01.Thu
Global Report on Chronic Noncommunicable Diseases and WHO Collaborating Centre For Community-based Interventions Launch in China
May 09, 2006
BEIJING, May 9 /Xinhua-PRNewswire/ -- The Ministry of
Health, China and World Health Organization today launch
the Chinese version of the WHO global report, Preventing
chronic diseases: a vital investment and a WHO
Collaborating Centre for Community based Integrated
Noncommunicable Disease (NCD) Control and Prevention.
The WHO global report makes the case for urgent action
to halt and turn back the growing threat of chronic
diseases. It presents a state-of-art guide to effective
and feasible interventions and provides practical
suggestions for how countries can implement these
interventions to respond successfully to the growing
epidemic. "Without action, almost 400 million people
will die from chronic diseases in the next 10 years. Many
of these deaths will occur prematurely, affecting families,
communities and countries alike" said Dr. Catherine Le
Gal?s-Camus, WHO Assistant Director-General for
Noncommunicable Diseases and Mental Health.
The report focuses on prevention of major chronic
conditions, primarily heart disease, stroke, cancer,
asthma, chronic respiratory diseases and diabetes. It
features a selection of nine countries, including China,
which was done on the basis of the size of their chronic
disease burden, quality and reliability of available data,
and lessons learnt from previous prevention and control
experiences.
Like many developing and developed countries around the
world, China is facing significant health challenges, not
just with infectious diseases but now with the double
burden of chronic disease. Over three hundred million of
adult males smoke cigarettes; 160 million adults are now
hypertensive.
Chronic noncommunicable diseases now account for an
estimated 80% of total deaths in China. There are growing
problems with obesity, with more than 20% of 7--17 year old
children in urban centres tipping the scales as either
overweight or obese. These risk factors will cause an
unacceptable number of people to die prematurely and often
after years of needless suffering and disability, and
tragically, so many who have recently escaped poverty will
be plunged back, due to the burden of health care costs.
In China, WHO estimates an economic loss of 550 billion
US dollars over the next 10 years, due to effects of heart
disease, stroke and diabetes. In response to these facts,
the Ministry of Health, with the support of WHO has been
developing the first medium and long-term high level
national plan (2005-2015) for chronic disease control and
prevention. The plan includes comprehensive and integrated
programmes to successfully combat chronic diseases.
"These programmes represent a long-term investment in
our future and the future of our children. We are committed
to implementing the strategies outlined in this report to
effectively prevent chronic disease and urge the same scale
of commitment from others," said Dr Wang Longde,
China's Vice-Minister of Health, in the supporting
statement to the report.
In 2002, China established the National Centre for
Chronic and Non-communicable Disease Control and Prevention
to be responsible for surveillance and population based
interventions. The centre is now designated as a WHO
Collaborating Centre on Community-based Integrated
Non-Communicable Disease Control and Prevention.
"We look at China CDC to further convince leaders,
but also persuade the industry and the community at large to
change behaviour and live healthier lifestyles. WHO looks
forward for China CDC to further explore community-based
integrated models of chronic disease control and
prevention, conduct cost effective disease management,
health education and interventions that would improve
equity, availability and acceptability of the community
health services," said Dr Henk Bekedam, WHO
Representative in China.
The centre is currently working to establish a national
chronic disease control network that would comprehensively
survey the country's population and accumulate human,
technology and information sources that would build into an
excellence centre with significance not only to China, but
also other countries in the region.
For further information, please contact:
Roy Wadia
Communications Officer
WHO China
Mobile: +86-1361-117-4072
Email: wadiar@chn.wpro.who.int
SOURCE World Health Organisation
2007'02.01.Thu
China Guiyang CMCC Builds Converged Network Using FlexLight Networks' GPON Technology
May 02, 2006
BEIJING and PLEASANTON, Calif., May 9
/Xinhua-PRNewswire/ -- Guiyang CMCC, a provincial operator
of CMCC (China Mobile Communication Corporation), has
selected FlexLight Networks' Gigabit Passive Optical
Network (GPON; ITU-T G.984) system for deployment in its
metro Converged Network.
Using FlexLight's GPON system enables Guiyang CMCC to
efficiently backhaul cellular traffic from its mobile base
stations, at the same time deliver Data and TDM services to
its business customers on a single fiber.
Guiyang CMCC selected the FlexLight Networks solution
after evaluating different technologies. "After
several months of field trials, we accepted FlexLight's
GPON solution because it provides a rich set of interfaces,
high bandwidth and innovative network architecture for our
data services. These applications include Mobile traffic
backhauling, and Mobile BTS connection, and enable us to
reduce fiber trenching and maintenance, simplify network
management and reduce overall costs", said Mr. Xie
Seng, project manager of Guiyang CMCC Planning Department.
"Watching CMCC, the world's largest mobile
operator, use GPON technology in a backhauling application
makes us confident of our success in the Chinese market. I
can see that GPON will play an important role in CMCC's
broadband access network and mobile backhauling," said
Mr. Simon Wang, country manager of FlexLight China.
About Guiyang CMCC
Founded in Jan 2002, Guiyang CMCC is responsible for
mobile network construction, service providing and
management of Guiyang city. CMCC Guiyang has built a stable
integrated network covering the entire city while providing
1,040,000 users with quality services. Currently, its main
services are mobile voice, data, IP phone and multi-media
services.
About FlexLight Networks
Founded in September 2000 and operated today by a
dynamic team of high-powered and experienced optical
network specialists and telecommunications executives,
FlexLight Networks' suite of Gigabit PON optical access
products leverages leading-edge technology to deliver a
solution that conquers access bandwidth bottlenecks and
optimizes service flexibility for the delivery of voice,
video and data. For more information please consult
http://www.FlexLight-networks.com .
For more information, please contact:
Eyal Shraga
Tel: +972-9-7633111
Email: eyal@flexlight-networks.com
SOURCE Flexlight Networks
2007'02.01.Thu
Top Singers to Compete in 's-Hertogenbosch, The Netherlands
May 09, 2006
'S-HERTOGENBOSCH, The Netherlands, May 9
/Xinhua-PRNewswire/ -- The 46th International Vocal
Competition (IVC) in 's-Hertogenbosch will be held from the
11 to 25 September 2006. It will be the first time that the
pre-selection, competition as well as related events will
happen in one event. Top young singers from all over the
world will come to the historical city of 's-Hertogenbosch.
IVC is the only international singing competition in
the Netherlands, and many top classical singers launched
their careers there. An IVC winner is assured of an
international career. Winners in recent years were the
Dutch talents Margriet van Reisen, Cora Burggraaf and
Lenneke Ruiten, who now cause an international sensation.
Some well known past winners include Jard van Nes, Robert
Holl, Nelly Miricioiu, Elly Ameling, Thomas Hampson, Ileana
Cotrubas. Many winners have since returned to
's-Hertogenbosch offering their experience and services to
IVC. For example, bass singer Robert Holl (winner 1st
prize, 1971) will be present this year as jury member,
leader of a masterclass and singer in a symphonic concert.
A few young Dutch singers who took part in national
pre-selections are assured of participation in the
competition. All others must give proof of their
capabilities in the International Pre-selections during the
first week. These will be held in the 'Toonzaal', formerly a
synagogue where several Jewish elements are still present.
The contest in the second week (First Round, Semi-Final
and Final), will be held in the 'Theater aan de Parade'.
Some members of the juries are the singers Roberta
Alexander, Robert Holl and Christa Ludwig, pianist Rudolf
Jansen and conductor Kenneth Montgomery.
During the event Christa Ludwig, Rudolf Jansen and
others will give a masterclass.
In the Final on Sunday 24 September, a symphony
orchestra ('Het Brabants Orkest') will accompany.
A total amount of over 40,000 euros is available as
cash prizes; the first prize is 10,000 euros.
Contestants in the Semi-Final and Final must sing a
mandatory song, created by the Dutch composer Robin de
Raaff. Several arrangements of the song have been created
which are suitable for all kinds of voices and various
accompaniments.
Applying for the Competition is still possible. More
information is available at http://www.ivc.nu or on request
via e-mail address info@ivc.nu, or contact Marc Versteeg by
telephone on +31 (0)73 6900999, fax number +31 (0)73
6901166 or by post:
International Vocal Competition
P.O.Box 1125
5200 BG 's -Hertogenbosch
the Netherlands
SOURCE International Vocal Competition
2007'02.01.Thu
Sonus Networks Reports 2006 First Quarter Results
May 09, 2006
Record First Quarter Revenues Increased 78% Annually; EPS of $0.02 Reflects $0.01 Per Share for Stock-Based Compensation Expense
CHELMSFORD, Mass., May 9 /Xinhua-PRNewswire/ -- Sonus
Networks, Inc. (Nasdaq: SONS), a leading supplier of
service provider Voice over IP (VoIP) infrastructure
solutions, today reported its financial results for the
first quarter ended March 31, 2006.
Revenues for the first quarter of fiscal 2006 were $60
million, compared with $57.2 million in the fourth quarter
of fiscal 2005 and $33.6 million for the first quarter of
fiscal 2005.
Net income on a GAAP basis for the first quarter of
2006 was $5.7 million or $0.02 per share. Excluding
stock-based compensation expense of $1.9 million, non-GAAP
net income for the first quarter of 2006 was $7.6 million
or $0.03 per share, compared with a net loss of $3.7
million or $0.01 per share for the first quarter of 2005.
"Q1 was another solid quarter for Sonus. We
reported record quarterly revenues and healthy cash flow
from operations, while making strides toward achieving our
long-term financial model," said Hassan Ahmed,
chairman and CEO, Sonus Networks. "Our laser-focused
mission to expand our presence around the globe and execute
on our strategy generated results that went well beyond our
financial performance for the quarter. We unveiled eight
new deployments with operators globally, delivered the
latest version of our industry-leading software, extended
our wireless solutions, and bolstered our renowned Open
Services Partner Alliance by announcing interoperability
with some of the largest consumer brands. We are proud of
our leadership position in the market and our ability to
help the world's network operators deliver communications
services that will enhance the consumer experience and
improve service providers' business models."
With the adoption of Statement of Financial Accounting
Standards No. 123R (FAS 123R) as of January 1, 2006, Sonus
Networks is reporting stock-based compensation expense
under FAS 123R in its generally accepted accounting
principles (GAAP) results for the first time. Sonus
recorded $1.9 million of stock-based compensation on its
condensed consolidated statement of operations for the
three months ended March 31, 2006.
The financial statements attached to this press release
present both GAAP net income and net income excluding this
stock-based compensation expense. The reconciliation
between GAAP and non-GAAP net income is provided in a table
immediately following the GAAP Condensed Consolidated
Statements of Operations.
Sonus reported today that the company has completed two
years of selling its products through its reseller,
Motorola, Inc., and, as a result of its positive history
with Motorola, is now reporting this revenue on a sell-in
basis where revenue is recognized upon the shipment of
products to Motorola, resulting in approximately an
additional $3 million in revenue being recognized in the
first quarter of fiscal 2006. Sonus' Quarterly Report on
Form 10-Q filed today provides further details.
"We are very pleased that our focus on
strengthening our relationship with Motorola and the
positive experience we have had over the past two years has
allowed us to take one more step in improving the
transparency and efficiency of our revenue conversion
cycle, which will benefit our shareholders," said Bert
Notini, president and COO, Sonus Networks.
In Q1 2006, Sonus announced new or expanded customer
relationships with eight of the world's most innovative
service providers. In North America, Vonage Network, a
subsidiary of Vonage Holdings Corp., deployed Sonus'
industry-leading IP Multimedia Subsystem (IMS)-ready
solution to support traffic from their rapidly growing
subscriber base. Vonage is a leading provider of broadband
telephone services with over 1.6 million subscriber lines as
of April 1, 2006. Also in the United States, Sonus
announced that West Interactive Corporation and 360networks
Corporation each selected Sonus' IMS-ready architecture as
the foundation for their next generation IP-based voice
service. Sonus announced that Intrado Inc., a global
provider of integrated data and telecommunications
solutions, has tapped Sonus to provide key elements of its
IMS-ready architecture to support Intrado's nationwide
expansion of its V9-1-1(R) Services.
Sonus also continued to extend its leadership position
in Japan during Q1. The Company announced that KDDI, a
leading telecommunication service provider in Japan,
selected it as the exclusive vendor for its
convergence-enabled packet voice network. The new packet
voice network will deliver enhanced voice services to a key
market that is at the forefront of technology adoption. It
is planned to be the largest IP telephony network in Japan
with KDDI aiming to have 100 percent of its long-distance
traffic on a Sonus-based VoIP network by 2008. Sonus
announced its first Japanese wireless customer, WILLCOM,
Inc., a major provider of wireless data and voice services
and the largest operator employing Personal Handyphone
System (PHS) technology in Japan. JAPAN TELECOM Co., Ltd.,
one of Japan's largest carriers and a wholly owned
subsidiary of SOFTBANK Corp., also announced that it
selected Sonus as the foundation for its next-generation
IP-based voice network.
Sonus' partnerships with the leading service providers
throughout Japan solidified the Company's position as the
market leader. According to a report issued by Synergy
Research Group, for the full year 2005, Sonus led the
Japanese market with a 36.1% market share position, more
than double any other equipment provider. Sonus also
accounted for approximately 76% of the Japanese high
density gateway market and more than 61% of the total
Japanese gateway market in 2005.
Globally, Sonus continued to be recognized as a market
share leader in IP-based voice solutions. By the end of
Q1, voice traffic being carried over Sonus' solutions
reached approximately 19 billion minutes per month. In
recognition of Sonus' leadership position, Frost &
Sullivan awarded the Company the 2006 IP Communications
Carrier Infrastructure Technology Innovation &
Leadership of the Year Award, an award that is presented to
the company that has excelled delivering advanced
telecommunications solutions to the market, enabling the
seamless evolution of voice networks.
Recognizing that application delivery is a key
competitive differentiator for today's carriers, Sonus
continued to leverage its industry-leading partner program,
the Open Services Partner Alliance (OSPA) to deliver greater
value to its customers. In Q1, the Company announced that
it extended its partnership with IP Unity to deliver a
suite of enhanced services as part of the
recently-introduced Sonus Certified Consumer Voice over
Broadband (c-VoBB) solution. Sonus also announced a new
partner relationship with Atreus Systems to deliver hosted
value-added consumer and business voice services, including
Hosted PBX, business trunking (Integrated Access),
conferencing, and voice VPN services. Further, the Company
announced that it successfully completed interoperability
testing between Sonus' VoBB platform and NETGEAR's line of
broadband phone adapters, streamlining next-generation
customer access services.
"The impact of IP-based voice technologies has
largely taken place behind the scenes, offering immense
value to service providers, but remaining relatively
transparent to consumers," continued Ahmed. "But
in the coming years, the entire communications paradigm will
change as a result of IP-based technologies. Consumers will
experience a new level of richness in their communications
experience with customizable applications and services that
integrate both voice and data. This is a very exciting time
in the history of voice communications, and as both wireless
and wireline service providers continue to embrace
next-generation voice solutions, Sonus is poised to
capitalize on the market's evolution to a smarter, more
robust voice network."
About Sonus Networks
Sonus Networks, Inc. is a leading provider of Voice
over IP (VoIP) infrastructure solutions for wireline and
wireless service providers. With its comprehensive IP
Multimedia Subsystem (IMS) solution, Sonus addresses the
full range of carrier applications, including residential
and business voice services, wireless voice and multimedia,
trunking and tandem switching, carrier interconnection and
enhanced services. Sonus' voice infrastructure solutions
are deployed in service provider networks worldwide.
Founded in 1997, Sonus is headquartered in Chelmsford,
Massachusetts. Additional information on Sonus is
available at http://www.sonusnet.com.
This release may contain forward-looking statements
regarding future events that involve risks and
uncertainties. Readers are cautioned that these
forward-looking statements are only predictions and may
differ materially from actual future events or results.
Readers are referred to Item 1A "Risk Factors" of
Sonus' Annual Report on Form 10-K dated March 14, 2006 and
Quarterly Report on Form 10-Q dated May 8, 2006, both filed
with the SEC, which identify important risk factors that
could cause actual results to differ from those contained
in the forward-looking statements. Risk factors include
among others: the impact of material weaknesses in our
disclosure controls and procedures and our internal control
over financial reporting on our ability to report our
financial results timely and accurately; the
unpredictability of our quarterly financial results; risks
associated with our international expansion and growth;
consolidation in the telecommunications industry; and
potential costs resulting from pending securities
litigation against the company. Any forward-looking
statements represent Sonus' views only as of today and
should not be relied upon as representing Sonus' views as
of any subsequent date. While Sonus may elect to update
forward-looking statements at some point, Sonus
specifically disclaims any obligation to do so.
Sonus is a registered trademark of Sonus Networks. All
other company and product names may be trademarks of the
respective companies with which they are associated.
In addition to Sonus' financial results which have been
prepared in accordance with accounting principles generally
accepted in the United States of America (GAAP), this
release includes certain non-GAAP financial results to
assist investors and analysts in assessing our periodic
operating results. The non-GAAP financial results exclude
non-cash stock-based compensation expense. Non-GAAP
financial results are not a substitute for GAAP results.
Sonus uses non-GAAP financial results internally as an
alternative means for assessing our results of operations.
By excluding a non-cash charge such as stock-based
compensation, Sonus can evaluate its operations excluding
this non-cash charge and can compare its results on a more
consistent basis to the results of other companies in the
industry and to its operations in prior quarters where it
did not include stock-based compensation expense under
FAS123-R in its GAAP results. For its internal budgeting
and planning, Sonus' management uses financial statements
that do not include employee stock-based compensation.
Sonus' management also uses the foregoing non-GAAP results,
in addition to the corresponding GAAP results, in
determining objectives for compensation and bonus programs
or reviewing the financial performance of Sonus.
Non-GAAP financial results that exclude stock-based
compensation expense also provide useful information to
investors and analysts to more readily compare the
Company's operations to prior financial results and to the
financial results of other companies in the industry who
similarly exclude stock-based compensation expense in
non-GAAP results to investors and analysts. Because we
have historically reported results that exclude stock-based
compensation under FAS123-R to the investment community, we
believe the inclusion of non-GAAP numbers provides
consistency in our financial reporting.
We intend to continue to assess the potential value of
reporting non-GAAP results consistent with applicable rules
and regulations.
SONUS NETWORKS, INC.
Condensed Consolidated Statements of Operations
(In thousands, except per share data)
(Unaudited)
Three Months Three
Months Three Months
Ended
Ended Ended
March 31,
December 31, March 31,
2006
2005 2005
Revenues :
Product $44,383
$41,908 $22,458
Service 15,589
15,342 11,152
Total revenues 59,972
57,250 33,610
Cost of revenues:
Product 15,853
13,965 6,843
Service 7,381
6,905 5,269
Total cost of revenues 23,234
20,870 12,112
Gross profit 36,738
36,380 21,498
Gross profit %:
Product 64.3%
66.7% 69.5%
Service 52.7%
55.0% 52.8%
Total gross profit 61.3%
63.5% 64.0%
Operating expenses:
Research and development 12,891
12,483 11,017
Sales and marketing 13,898
12,886 9,027
General and administrative 6,719
8,116 6,800
Total operating expenses 33,508
33,485 26,844
Income (loss) from operations 3,230
2,895 (5,346)
Interest expense (137)
(121) (128)
Interest income 3,442
3,092 1,875
Income (loss) before provision for
income taxes 6,535
5,866 (3,599)
Provision for income taxes 791
844 96
Net income (loss) $5,744
$5,022 $(3,695)
Net income (loss) per share:
Basic $0.02
$0.02 $(0.01)
Diluted $0.02
$0.02 $(0.01)
Weighted average shares outstanding:
Basic 250,064
249,390 247,877
Diluted 254,459
252,356 247,877
SONUS NETWORKS, INC.
Non- GAAP Condensed Consolidated Statements of Operations
(In thousands, except per share data)
(Unaudited)
Three months
ended March 31, 2006
Adjustments As
As Reported
(1) Adjusted
Revenues :
Product $44,383
$- $44,383
Service 15,589
- 15,589
Total revenues 59,972
- 59,972
Cost of revenues:
Product 15,853
(3) 15,850
Service 7,381
(252) 7,129
Total cost of revenues 23,234
(255) 22,979
Gross profit 36,738
255 36,993
Gross profit %:
Product 64.3%
64.3%
Service 52.7%
54.3%
Total gross profit 61.3%
61.7%
Operating expenses:
Research and development 12,891
(610) 12,281
Sales and marketing 13,898
(405) 13,493
General and administrative 6,719
(633) 6,086
Total operating expenses 33,508
(1,648) 31,860
Income from operations 3,230
1,903 5,133
Interest expense (137)
- (137)
Interest income 3,442
- 3,442
Income before provision for income taxes 6,535
1,903 8,438
Provision for income taxes 791
- 791
Net income $5,744
$1,903 $7,647
Net income per share:
Basic $0.02
$0.03
Diluted $0.02
$0.03
Weighted average shares outstanding:
Basic 250,064
250,064
Diluted 254,459
254,459
(1) Non-GAAP adjustments represent recorded stock-based
compensation
expense.
SONUS NETWORKS, INC.
Condensed Consolidated Balance Sheets
(In thousands)
(Unaudited)
March 31,
December 31,
2006
2005
Assets
Current assets:
Cash and cash equivalents $50,309
$155,679
Marketable debt securities 239,312
140,569
Accounts receivable, net 33,272
72,321
Inventory, net 37,169
37,831
Other current assets 15,197
15,833
Deferred income taxes 519
519
Total current assets 375,778
422,752
Property and equipment, net 15,315
15,181
Long-term investments 50,616
17,993
Other assets 1,878
631
$443,587
$456,557
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $16,370
$20,408
Accrued expenses 19,384
23,204
Accrued restructuring expenses 198
195
Current portion of deferred revenue 73,209
88,199
Current portion of long-term liabilities 49
48
Convertible subordinated note 10,000
10,000
Total current liabilities 119,210
142,054
Long-term deferred revenue, less current
portion 28,990
33,853
Long-term liabilities, less current portion 422
485
Total liabilities 148,622
176,392
Commitments and contingencies
Stockholders' equity:
Common stock 254
252
Capital in excess of par value 1,064,989
1,055,941
Accumulated deficit (769,973)
(775,717)
Accumulated other comprehensive loss (38)
(44)
Treasury stock (267)
(267)
Total stockholders' equity 294,965
280,165
$443,587
$456,557
SONUS NETWORKS, INC.
Condensed Consolidated Statements of Cash Flows
(In thousands)
(Unaudited)
Three
Months Three Months
Ended
Ended
March
31, March 31,
2006
2005
Cash flows from operating activities:
Net income (loss) $5,744
$(3,695)
Adjustments to reconcile net income
(loss) to cash flows provided by (used in)
operating activities:
Depreciation and amortization of
property and equipment 2,293
1,476
Stock-based compensation 1,903
-
Loss of disposal of property and equipment 6
-
Changes in current assets and liabilities
Accounts receivable 39,071
4,855
Inventory 713
(2,910)
Other current assets
(857) (762)
Accounts payable
(4,072) 1,334
Accrued expenses and accrued restructuring
expenses
(3,926) (1,330)
Deferred revenue
(19,920) 948
Cash flows provided by (used in)
operating activities 20,955
(84)
Cash flows from investing activities:
Purchases of property and equipment
(2,328) (4,303)
(Purchases) maturities of marketable
debt securities, net
(131,366) 2,977
Decrease in restricted cash 250
-
Other assets 85
(81)
Net cash used in investing activities
(133,359) (1,407)
Cash flows from financing activities:
Sales of common stock in connection
with employee stock purchase plan 2,311
2,313
Proceeds from exercise of stock options 4,821
420
Payments of long-term liabilities
(12) (58)
Net cash provided by financing activities 7,120
2,675
Effect of exchange rate changes on
cash and cash equivalents
(86) -
Net (decrease) increase in cash and
cash equivalents
(105,370) 1,184
Cash and cash equivalents, beginning
of period 155,679
121,931
Cash and cash equivalents, end of period $50,309
$123,115
For more information, please contact:
Investor Relations:
Jocelyn Philbrook
Tel: +1-978-614-8672
Email: jphilbrook@sonusnet.com
Media Relations:
Sarah McAuley
Tel: +1-212-699-1836
Email: smcauley@sonusnet.com
SOURCE Sonus Networks, Inc.
2007'02.01.Thu
World Business Chicago Connects With China Region
May 09, 2006
Chicago's Outreach to China Continues to Grow
CHICAGO, May 9 /Xinhua-PRNewswire/ -- In yet another
example of Chicago reaching out to the ever-growing Chinese
economy, World Business Chicago's director of international
business development, Tom Bartkoski, this week will address
business leaders in Nanjing, China at a forum on developing
the Yangtze River Economic Belt.
Bartkoski will introduce Chicago's economy to some 300
Chinese business and government representatives from eight
provinces and two municipalities. The Yangtze River
Economic Belt is the region stretching west from Shanghai,
and accounted for 46% of China's GDP in 2005. The area is
key to building the country over the next 15 years, as
China's growing economy continues to move west.
Bartkoski's visit comes at an exciting time for
China/Chicago relations:
-- The Chicago Public Schools' Chinese language program
has been
recognized by the People's Republic of China as the
largest and best in
the world
-- On Wednesday, May 10, the Confucius Institute for
the development of
cultural ties will open the only non-university
institute at Walter
Payton College Prep
-- American Airlines' new nonstop service between
Chicago and China along
with United's market leadership, makes Chicago's
O'Hare the base for
25% of all nonstop air service between the U.S. and
China - vital for
doing business
-- Cohesive efforts to reach out to Chinese business,
government and
tourists are flourishing throughout Chicago's civic
and corporate
communities
Like the Midwest United States, the Yangtze River Belt
is located in the interior of China. Bartkoski will
discuss how Chicago has found success as an international
center for commerce, while being located in the center of
the continent. Chicago is the intermodal capital of North
America and is the Western Hemisphere's #1 intermodal
container handler.
The Forum, May 8-10, is hosted by groups including the
Chinese Association of Productivity Science and the
Development and Reform Commissions of Jiangsu Province and
Nanjing City. Chief Representative of the United Nations
in China, Khalid Malik, will also address the forum.
Chicago-based management and investment consultancy,
Royal Roots Global, Inc. is a designated support
organization for the forum. Royal Roots director, Anita
Tang, has arranged for some half-dozen American businesses
and professionals to join Bartkoski at the forum including
Steve Crain, President/CEO, Crain Enterprises,Inc. and
Lawrence Freeman, CEO/President, Global Business
Consultants, Inc.
World Business Chicago (WBC) is a not-for-profit
economic development organization promoting metropolitan
Chicago. WBC markets Chicago's competitive advantages,
coordinates business retention and attraction efforts, and
seeks to enhance Chicago's business-friendly environment.
WBC's Board of C-level corporate executives is chaired by
Chicago Mayor Richard M. Daley.
For more information, please contact:
Karley Sweet of World Business Chicago
Tel: +1-312-553-4658
Email: ksweet@worldbusinesschicago.com
Jim Biery of Royal Roots Global, Inc.
Tel: +1-312-202-0389
Email: jbiery@rroots.net
SOURCE World Business Chicago
2007'02.01.Thu
Hunton & Williams Further Expands Global Trade Practice
May 09, 2006
Edmund Sim and Legal Team join firm in Asia, United States
SINGAPORE, May 9 /Xinhua-PRNewswire/ -- Hunton &
Williams LLP today announced the arrival of an Asia-based
international trade practice group led by Edmund Sim, a new
partner in the Singapore office. The team of lawyers and
legal professionals focuses on trade remedies and trade
policy issues, including antidumping, countervailing duty,
WTO, free trade agreements, Section 301, safeguards,
customs, foreign investment, intellectual property,
antitrust, competition and other issues. The new team joins
the firm's prominent international trade practice group
based in Washington and Brussels.
"Ed Sim and his team greatly expand our ability to
serve clients throughout the region," said Edward B.
Koehler, managing partner of the Hunton & Williams
offices in Asia. "Asia exporters and governments face
increasingly complex trade issues that require continuing,
on-site assistance. Ed's internationally recognized trade
group provides this assistance."
Based in Singapore, Mr. Sim represents exporters and
governments in international trade disputes between Asia
and Latin America, Canada, Africa, Europe and the United
States, and within Asia itself. He has participated in more
than 100 antidumping and countervailing duty proceedings
around the world. Mr. Sim was formerly a partner in the
Singapore office of White & Case and did his Associate
training in Washington, DC. He attended Dartmouth College
and the University of Michigan Law School. While attending
college and law school, Mr. Sim worked in the Office of US
Vice President George Bush and the General Counsel's Office
of the US Department of the Treasury and as a research
assistant to Professor John H Jackson.
The legal team accompanying Mr. Sim includes:
Derek Loh, a graduate of National University of
Singapore, resident in the Singapore office;
Eric Wang, a graduate of Columbia University and
Soochow University, resident in the Singapore office;
Jay Nee, a graduate of Georgetown University and
Soochow University, resident in the Washington DC office;
Wiwat Sukkamonsantiporn, a graduate of Chulalongkorn
University, resident in the Bangkok office;
and Arlen Cheng, a graduate of Soochow University,
resident in the Beijing office.
About Hunton & Williams
Hunton & Williams LLP provides legal services to
corporations, financial institutions, governments and
individuals as well as a broad array of other entities.
Since its establishment in 1901, Hunton & Williams has
grown to more than 850 attorneys serving clients in 100
countries from 17 offices around the world. While Hunton
& Williams' practice has a particular emphasis on
commercial litigation, corporate and structured finance,
corporate transactions, energy and environmental law,
governmental relations and intellectual property, the
firm's depth and breadth of experience extends to more than
60 separate practice areas.
For more information, please contact:
Kristen Chatterton, Senior Administrator,
Communications Department of Hunton & Williams
Tel: +1-804-787-8084
Email: kchatterton@hunton.com
SOURCE Hunton & Williams LLP
2007'02.01.Thu
Alpha Century Enters Agreement with Donguan AFIE to Collect 10,000 SMEs to Become Members of IBS v5.0
May 09, 2006
HONG KONG, May 9 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM) the Total Solutions Provider, announced today that its subsidiary, Alpha Century Holdings Limited (Alpha), has entered into an agreement with Donguan Association of Invested Enterprises (AFIE) to distribute its new product line, IBS v5.0 ( http://www.subaye.com ) to the 10,000 SME members of AFIE, who will become users of IBS v5.0 in Guangdong, China. Commenting on the partnership, Mr. Tim Chen, CEO of Telecom Communications said: "We are very pleased to have this opportunity to partner with the AFIE in Guangdong, 10,000 SMEs will be collected to become members of Subaye.com. We are confident this partnership will be an extremely profitable one for both organizations as a revenue sharing model." About Telecom Communications, Inc. Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd. ( http://www.subaye.com ), IC Star MMS, Ltd. ( http://www.icstarmms.com ) and 3G Dynasty Inc. ( http://www.skyestar.com ). Safe Harbor The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. For more information, please contact: Ms. Sandy Tang Telecom Communications, Inc. Tel: +852-782-0983 Email: pr@tcom8266.com SOURCE Telecom Communications, Inc.
2007'02.01.Thu
AU Optronics Corp. April 2006 Consolidated Revenues Totaled NT$22.4 Billion
May 08, 2006
Issued by: AU Optronics Corp.Issued on: May 8, 2006
HSINCHU, Taiwan, May 8 /Xinhua-PRNewswire-FirstCall/ --
AU Optronics Corp. ("AUO" or the
"Company") (TAIEX: 2409; NYSE: AUO) today
announced preliminary consolidated April 2006 monthly
revenues of NT$22,444 million and unconsolidated net sales
totaled NT$22,444 million, both remained flat sequentially.
On a year-over-year comparison, April 2006 consolidated
revenues increased by 50.5%, while unconsolidated net sales
rose by 50.8%.
Shipments of large-sized panels(a) used in desktop
monitor, notebook PC, LCD TV and other applications,
achieved new record high of 3.45 million, increased by 8.1%
from March 2005. Shipments of small-and-medium-sized panels
posted a growth to 6.90 million, increasing 8.5%
sequentially.
(a) Large-size refers to panels that are 10 inches and
above in diagonal measurement while small- and medium-size
refers to those below 10 inches.
Sales Report: (Unit: NT$ million)
Net Sales(1) (2) Consolidated(3)
Unconsolidated
April 2006 22,444
22,444
March 2006 22,455
22,447
M-o-M Growth 0.0 %
0.0 %
April 2005 14,913
14,882
Y-o-Y Growth 50.5 %
50.8 %
January to April 2006 88,696
88,685
January to April 2005 53,750
53,678
Y-o-Y Growth 65.0 %
65.2 %
1. All figures are prepared in accordance with
generally accepted
accounting principles in Taiwan.
2. Monthly figures are unaudited, prepared by AU
Optronics Corp.
3. Consolidated numbers include AU Optronics Corp., AU
Optronics (L)
Corporation, and AU Optronics (Suzhou)
Corporation.
About Au Optronics
AU Optronics Corp. ("AUO") is the world's
third largest manufacturer* of large-size thin film
transistor liquid crystal display panels
("TFT-LCD"), with approximately 14.2%* of global
market share and generated revenue of NT$217.4billion
(US$6.75 bn)* in 2005. TFT-LCD technology is currently the
most widely used flat panel display technology. Targeted
for 40"+ sized LCD TV panels, AUO's next generation
(7.5-Generation ) fabrication facility production is
scheduled for mass production in 4Q 2006. The Company
currently operates one 6th-generation, three
5th-generation, one 4th-generation, and three
3.5-generation TFT- LCD fabs, in addition to four module
assembly facilities and AUO Technology Center specializing
in new technology platform and new product development.
AUO is one of few top-tier TFT-LCD manufacturers capable of
offering a wide range of small- to large- size
(1.5"-46") TFT-LCD panels, which enables it to
offer a broad and diversified product portfolio.
* As shown on DisplaySearch Quarterly Large-Area
TFT-LCD Shipment Report
dated Mar 1, 2006. This data is used as reference
only and AUO does not
make any endorsement or representation in connection
therewith. 2005
year end revenue converted by an exchange rate of
NTD32.2039: USD1.
For more information, please contact:
Yawen Hsiao
Corporate Communications Dept.
AU Optronics Corp.
Tel: +886-3-500-8899 x3211
Fax: +886-3-577-2730
Email:yawenhsiao@auo.com
SOURCE AU Optronics Corp.
2007'02.01.Thu
AnalogicTech Extends BatteryManager(TM) Product Family With Tiny USB/AC Adapter Battery Charger IC
May 08, 2006
Compact Device Delivers Up to 300mA in 2.0x2.1mm SC70JW Package
SUNNYVALE, Calif., May 8 /Xinhua-PRNewswire/ --
Advanced Analogic Technologies Incorporated (AnalogicTech)
(Nasdaq: AATI), a developer of power management
semiconductors for mobile consumer electronic devices,
today announced the AAT3681, an extremely small,
single-cell Lithium-ion/polymer battery charger IC designed
to operate from either a USB or an AC adapter on the same
input. This latest addition to AnalogicTech's rapidly
growing battery charger IC product line supports the latest
generation of space-constrained ultra-portable applications
by supplying up to 300mA in a tiny SC70JW package.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20050829/SFTU089LOGO )
"Many emerging portable applications -- such as
Bluetooth(TM) headsets, high-end portable music players,
and compact digital cameras -- use extremely small
batteries that require tiny low-power battery
chargers," said Bill Weiss, Product Line Director for
AnalogicTech. "By offering a simple, complete USB/AC
adapter battery charger in an ultra-small 2.0x2.1mm SC70JW
package, the AAT3681 allows designers to meet tight space
constraints, reduce development time, and quickly get their
product to market."
Complete Solution
The AAT3681 integrates a charging device and reverse
blocking diode to precisely regulate battery charge voltage
and current for 4.2V Lithium-ion/polymer battery cells. It
operates from a DC power source or USB port across a 4.0V
to 6.5V input voltage range.
The device's adapter/USB charge input constant current
level can be programmed up to 300mA for rapid charging. The
AAT3681 includes a status monitor output pin capable of
directly driving an external LED to indicate battery charge
state. Other than optional decoupling capacitors, the device
requires only a single external resistor for complete
functionality.
Protection circuits in the AAT3681 continuously monitor
the charge state for fault conditions. If an over-voltage,
short-circuit, or over-temperature condition occurs, these
circuits automatically shut down the AAT3681 to protect the
charging device, control system, and battery under charge.
First ModularBCD(TM) Production Device
The AAT3681 is AnalogicTech's first production device
developed in its proprietary new ModularBCD process
technology. This new process differs from conventional BCD
technologies by using a low-temperature, CMOS-like flow
capable of achieving high yields while ensuring device
performance and electrical isolation. By allowing
AnalogicTech's designers to easily add or remove modules
and devices with different supply voltages, this new highly
modular process vastly simplifies analog and mixed-signal
circuit reuse. The AAT3681 battery charger IC is a
standalone product and is a key ModularBCD building block
for upward integration into power systems-on-chip.
Price and Availability
Specified over the -40 degrees C to +85 degrees C
temperature range, the AAT3681 is available in a Pb-free,
8-pin 2.0x2.1mm SC70JW package. The device sells for $0.76
in 1000-piece quantities.
About AnalogicTech
Advanced Analogic Technologies Incorporated
(AnalogicTech) is a supplier of Total Power Management(TM)
semiconductor solutions for mobile consumer electronic
devices, such as wireless handsets, notebook and tablet
computers, smartphones, digital cameras, wireless LAN, and
personal media players. The company focuses its design and
marketing efforts on the application-specific power
management needs of consumer, communications, and computing
applications in these rapidly evolving devices. AnalogicTech
also develops and licenses device, process, package, and
application-related technology. AnalogicTech is
headquartered in Sunnyvale, California, with offices in
South Korea, Taiwan, Hong Kong, Macau, Shanghai, Shenzhen,
Beijing, Japan, Sweden, UK, and France, as well as a
worldwide network of sales representatives and
distributors. The company is listed on the NASDAQ exchange
under the ticker symbol AATI. For more information, please
visit the AnalogicTech website:
http://www.analogictech.com . (AnalogicTech - G)
"Safe Harbor" Statement Under the Private
Securities Litigation Reform Act of 1995
Statements contained in this release that are not
historical facts are forward-looking statements, as that
term is defined in the Private Securities Litigation Reform
Act of 1995. Forward-looking statements, including financial
projections and forecasts, involve risks and uncertainties
that could cause AnalogicTech's actual results to differ
materially from our current expectations. Factors that
could cause AnalogicTech's results to differ materially
from those set forth in these forward-looking statements
include customers' cancellation or modification of their
orders; our failure to accurately forecast demand for our
products; the loss of, or a significant reduction in orders
from, any of our significant customers; fluctuations in our
operating results; our inability to develop and sell new
products; defects in or failures of our products; the
expense and uncertainty involved in our customer design-win
efforts; the financial viability of the distributors of our
products; consumer demand for cellular phones and other
mobile consumer electronic devices; worldwide economic and
political conditions, particularly in Asia; fluctuations in
our costs to manufacture our products; our reliance on third
parties to manufacture, test, assemble and ship our
products; our ability to retain and attract key personnel;
our ability to compete with our competitors; and our
ability to protect our intellectual property rights and not
infringe the intellectual property rights of others. Other
factors that may cause our actual results to differ from
those set forth in the forward-looking statements contained
in this press release and that may affect our prospects in
general are described in our filings with the Securities
and Exchange Commission, including our Registration
Statement on Form S-1 related to our initial public
offering and our Annual Report on Form 10-K for the year
ended December 31, 2005. AnalogicTech undertakes no
obligation to update or revise forward-looking statements
to reflect subsequent events or changed assumptions or
circumstances.
NOTE: AnalogicTech and the AnalogicTech logo are
trademarks of Advanced Analogic Technologies Incorporated.
All other brand and product names appearing in this
document are registered trademarks or trademarks of their
respective holders.
For more information, please contact:
Bill Weiss,
Advanced Analogic Technologies Incorporated
Tel: +1-408-737-4600
Email: bweiss@analogictech.com
Matthew Quint,
Quint Public Relations
Tel: +1-650-599-9450
Email: mquint@quintpr.com
SOURCE Advanced Analogic Technologies Incorporated
2007'02.01.Thu
SMIC and Aurora Systems in Volume Production of Digital LCOS Panel Chips
May 08, 2006
World-leading semiconductor foundry manufacturing digital LCOS panel chips designed by global HDTV technology leader
SHANGHAI, China, and SAN JOSE, Calif., May 8
/Xinhua-PRNewswire/ -- Semiconductor Manufacturing
International Corporation ("SMIC", NYSE: SMI and
SEHK: 0981.HK), one of the leading foundries in the world,
and U.S.-based Aurora Systems, Inc., an international
leader in liquid-crystal-on-silicon (LCOS) technologies for
the high definition television (HDTV) industry, announced
that Aurora's digital LCOS panel chips have successfully
entered into volume commercial production at SMIC.
The digital LCOS panel chip is designed by Aurora
Systems in both 1080P (1920x1080) and 720P (1280x720)
resolutions, and enables high performance, as well as, low
defect LCOS panel and systems optics, thereby offering
premier quality for rear-projection TV (RPTV) in
high-definition format. Several leading consumer
electronics manufacturers have already employed these LCOS
panel chips in the production of high-resolution,
large-screen RPTVs.
"Aurora's collaboration with SMIC started in early
2005, and we are delighted to see our mutual hard work come
into fruition in such a short time, further re-affirming
Aurora's commitment in engaging SMIC as our long-term
strategic foundry partner", said Poking Li, Acting CEO
of Aurora Systems. "Aurora looks forward to continue
to work with SMIC in providing our valued customers with
better and more advanced LCOS chips at affordable prices,
to meet the ever-evolving demands of HDTV technologies in
today's market."
"We are proud to combine SMIC's manufacturing
capabilities with Aurora's industry-leading designs to
bring this LCOS backplane product to the market. SMIC
intends to expand its alliances with HDTV industry leaders,
such as Aurora, to further deliver high quality products
that continue to push the performance level. We aim to be
the foundry of choice for LCOS backplane wafers to global
IDM and fabless customers", said James Sung, Vice
President of Marketing and Sales at SMIC.
About SMIC
Semiconductor Manufacturing International Corporation,
("SMIC", NYSE: SMI and SEHK: 0.981.HK),
headquartered in Shanghai, China, is an international
company and one of the leading semiconductor foundries in
the world, providing integrated circuit (IC) manufacturing
at 0.35um to 90nm and finer line technologies to customers
worldwide. Established in 2000, SMIC has four 8-inch wafer
fabrication facilities in volume production in Shanghai and
Tianjin. In the first quarter of 2005, SMIC commenced
commercial production at its 12-inch wafer fabrication
facility in Beijing, the first 12-inch fab in China. SMIC
also maintains customer service and marketing offices in
the U.S., Europe, and Japan, and a representative office in
Hong Kong. SMIC's pool of talents includes over 2,500
semiconductor industry experts and technical staff. SMIC
has achieved ISO9001, ISO/TS16949, OHSAS18001, TL9000,
BS7799 and ISO14001 certifications. For additional
information, please visit http://www.smics.com .
About Aurora Systems
From the heart of Northern California's Silicon Valley,
Aurora began in 1997 by a team of the industry's top
engineering and business professionals, who set their
sights on providing the industry with affordable, high
quality, state-of -the-art display technologies. Aurora
Systems, as a leader in pushing the technology envelope,
has successfully introduced a series of high-resolution
LCOS products into the market place over the last nine
years. For more information about Aurora, visit the
company's website at http://www.aurora-sys.com .
Safe Harbor Statements
(Under the U.S. Private Securities Litigation Reform
Act of 1995)
Certain statements contained in this press release,
such as "SMIC intends to expand its alliances with
HDTV industry leaders, such as Aurora, to further deliver
high quality products that continue to push the performance
level. We aim to be the foundry of choice for LCOS
backplane wafers to global IDM and fabless customers",
may be viewed as "forward-looking statements"
within the meaning of Section 27A of the U.S. Securities
Act of 1933, as amended, and Section 21E of the U.S.
Securities Exchange Act of 1934, as amended. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause actual
events, and/or the actual performance, financial condition
or results of operations of SMIC to be materially different
from any future performance, financial condition or results
of operations implied by such forward-looking statements.
Further information regarding these risks, uncertainties
and other factors is included in the Company's annual
report on Form 20-F filed with the U.S. Securities and
Exchange Commission (the "SEC") on June 28, 2005
and such other documents that SMIC may file with the SEC or
The Stock Exchange of Hong Kong Limited from time to time.
For more information, please contact:
SMIC Shanghai
Reiko Chang
Tel: +86-21-5080-2000 x10544
Email: PR@smics.com
SMIC Hong Kong
Calvin Lau
Tel: +852-9435-2603
Email: Calvin_Lau@smics.com
Mei Fung Hoo
Tel: +852-2537-8480
Email: MeiFung_Hoo@smics.com
Aurora Systems
Christine Chen
Tel: +1-408-432-7977
Email: cchen@aurora-sys.com
SOURCE Semiconductor Manufacturing International
Corporation
2007'02.01.Thu
Arrow Signed Distribution Agreement in Asia with Ecliptek
May 08, 2006
HONG KONG, May 8 /Xinhua-PRNewswire/ -- Arrow Asia Pac
Ltd. (Arrow) announced today that it has signed a franchise
agreement with Ecliptek Corporation (NEDA: 4265), a
recognized market leader in the frequency control market.
Arrow Asia will market and distribute Ecliptek products
through its extensive sales and marketing network of 41
sales offices in 11 countries and territories in the Asia
Pacific region.
"Ecliptek is a leader in the frequency control
market. Their innovative products and state-of-the-art
technology enable Arrow to provide customers with the very
best in crystal and oscillator products," said Cameron
Ward, Managing Director, PEMCO Marketing, Arrow Asia Pac.
Cary Rosen, President of Ecliptek said, "We have
had an exceptional working relationship with Arrow for many
years and I believe their world-class supply chain
capabilities and comprehensive technical services
complement well with our strategy for Asia. Arrow's
extensive sales and marketing network Asia will help us to
expand our presence in this region as well as help in
introducing exciting new products to the market."
About Ecliptek Corporation
Founded in 1987, Ecliptek Corporation is a recognized
market leader in the frequency control market. Ecliptek's
state-of-the-art products and leading edge technology
enable them to provide customers the very best in crystal
and oscillator products. Service is a cornerstone of
Ecliptek's success. They consider customers partners and
strive to meet and exceed their requirements for quality,
customer service, and value. This coupled with
professional technical support and a comprehensive company
wide quality program make Ecliptek the industry's best
resource for frequency control products.
About Arrow Asia Pac
A subsidiary of Arrow Electronics, Inc. (NYSE: ARW),
Arrow Asia Pac is one of Asia Pacific's leading electronic
component distributors. In addition to its regional
headquarters in Hong Kong, Arrow Asia Pac operates 41 sales
offices, three primary distribution centers and ten local
warehousing facilities in eleven countries/territories
across Asia.
Providing a full range of semiconductors, passive,
electromechanical and connectors products from over 60
leading international suppliers, Arrow Asia Pac serves more
than 10,000 original equipment and contract manufacturers
and commercial customers in Asia Pacific. Visit us at
http://www.arrowasia.com .
For more information, please contact:
Ray Leung
Marketing Communications Director
Arrow Asia Pac Ltd.
Tel: +852-2484-2683
Email: ray.leung@arrowasia.com
Grace Kung
Marketing Communications Manager
Arrow Asia Pac Ltd.
Tel: +852-2484-2682
Email: grace.kung@arrowasia.com
SOURCE Arrow Asia Pac Ltd.
2007'02.01.Thu
Houghton Assumes Non-Executive Chairman Role
May 08, 2006
Retires as Corning employee
CORNING, N.Y., May 8 /Xinhua-PRNewswire/ -- Corning
Incorporated (NYSE: GLW) announced on May 1 that James R.
Houghton, 70, chairman of the board of directors, retired
as an active employee of the company, effective May 1,
2006. Houghton will continue in a leadership role as
non-executive chairman of the board.
Houghton, who has more than 37 years of service with
Corning, first retired from the company in 1996. He
returned as non-executive chairman in June, 2001, and he
was named chairman and chief executive officer (CEO) by the
board of directors in April, 2002. He relinquished the CEO
role in April, 2005, at which time the board named Wendell
P. Weeks, president and CEO, and Peter F. Volanakis, chief
operating officer. These two executives, along with James
B. Flaws, vice-chairman and chief financial officer; Joseph
A. Miller, executive vice president and chief technology
officer; Kirk P. Gregg, executive vice president and chief
administrative officer; and Pamela C. Schneider, senior
vice president and operations chief of staff; comprise
Corning's Management Committee.
James J. O'Connor, lead director, said, "We owe
Jamie Houghton a great debt of gratitude. Four years ago he
came out of retirement, and working closely with Wendell and
the entire Management Committee, they have done a remarkable
job of returning this company to profitability, restoring
its financial health and resuming its technology
leadership."
Houghton said, "When I returned in 2002 I said I
did not have a timetable for retirement. But I did say that
I would retire from active employment when the time was
right. The time now is right. Wendell is doing an
outstanding job as CEO and the entire Management team is
one of the most capable I have ever had the opportunity to
work with. As I continue in my role as chairman of the
board, I look forward to working with this extraordinary
team to build on the success of this great company."
By retiring as an active employee, but remaining as
non-executive chairman, Houghton, will now be eligible to
begin accepting retirement distributions from Corning's
pension and related plans. The IRS requires that such
distributions begin to be made when an individual reaches
the age of 70.
About Corning Incorporated
Corning Incorporated ( http://www.corning.com ) is a
diversified technology company that concentrates its
efforts on high-impact growth opportunities. Corning
combines its expertise in specialty glass, ceramic
materials, polymers and the manipulation of the properties
of light, with strong process and manufacturing
capabilities to develop, engineer and commercialize
significant innovative products for the telecommunications,
flat panel display, environmental, semiconductor, and life
sciences industries.
Forward-Looking and Cautionary Statements
This press release contains forward-looking statements
that involve a variety of business risks and other
uncertainties that could cause actual results to differ
materially. These risks and uncertainties include the
possibility of changes or fluctuations in global economic
and political conditions; tariffs, import duties and
currency fluctuations; product demand and industry
capacity; competitive products and pricing; manufacturing
efficiencies; cost reductions; availability and costs of
critical components and materials; new product development
and commercialization; order activity and demand from major
customers; capital spending by larger customers in the
liquid crystal display industry and other businesses;
changes in the mix of sales between premium and non-premium
products; facility expansions and new plant start-up costs;
possible disruption in commercial activities due to
terrorist activity, armed conflict, political instability
or major health concerns; ability to obtain financing and
capital on commercially reasonable terms; adequacy and
availability of insurance; capital resource and cash flow
activities; capital spending; equity company activities;
interest costs; acquisition and divestiture activities; the
level of excess or obsolete inventory; the rate of
technology change; the ability to enforce patents; product
and components performance issues; changes in key
personnel; stock price fluctuations; and adverse litigation
or regulatory developments. These and other risk factors are
identified in Corning's filings with the Securities and
Exchange Commission. Forward-looking statements speak only
as of the day that they are made, and Corning undertakes no
obligation to update them in light of new information or
future events.
For more information, please contact:
Media Relations Contact:
Lydia Lu
Tel: +86-21-5467-4666-1900
Email: lulr@corning.com
Daniel F. Collins
Tel: +1-607-974-4197
Email: collinsdf@corning.com
Investor Relations Contact:
Kenneth C. Sofio
Tel: +1-607-974-7705
Email: sofiokc@corning.com
SOURCE Corning Incorporated
2007'02.01.Thu
AFS Trinity Files Patent Disclosing Technology for 250 Mpg 'Extreme Hybrid' Plug-In Car
May 08, 2006
Gasoline and Electricity Cost Expected to Be $8 Per Week Versus $36 for Gasoline for the Average American Driver Today
SEATTLE, May 8 /Xinhua-PRNewswire/ -- AFS Trinity Power
Corporation filed its patent application disclosing the
company's new technology for an Extreme Hybrid(TM) car
capable of carrying the average American motorist more than
250 miles on a single gallon of gasoline or ethanol.
(Photo:
http://www.newscom.com/cgi-bin/prnh/20060504/DETH037 )
The Extreme Hybrid(TM) will plug into a house's
electrical current overnight to run without gasoline or
ethanol for the 40 miles that the average American drives
each day. For longer trips, the vehicle will operate as a
conventional hybrid that efficiently burns gasoline or
ethanol.
"The U.S. Department of Transportation estimates
that the average American drives 300 miles per week,"
AFS Trinity CEO Edward W. Furia said. "Most days
Americans drive 40 miles or less. At $3 a gallon, this
costs about $48 a week for a conventional 20 mpg car and
$36 if the car can get 25 mpg. The most efficient
conventional hybrids get about 50 mpg which means $19 a
week. By comparison, the Extreme Hybrid(TM) will use less
than $8 per week total for fuel and electricity."
Ricardo to help with XH(TM) drive train
AFS Trinity plans to build the XH(TM) drive train with
the help of Ricardo, a leading supplier of automotive
design and engineering to the world's major carmakers. AFS
Trinity and Ricardo have signed a mutually exclusive
Technology Partnership Agreement to work together to
develop plug-in hybrid technology. With sufficient funding
they expect that XH(TM) demonstration vehicles could be in
the hands of fleet owners in two years and could be
licensed for mass production by car makers in three years.
The Patent and the Technology
The AFS Trinity patent filing discloses that Fast
Energy Storage(TM) technology, including ultracapacitors,
controllers and power electronics, will enable the Extreme
Hybrid(TM) to overcome the limitations of the energy
storage components of conventional hybrids and other
plug-in designs.
"This technology will permit a car to travel the
entire 40 miles of an average American's daily driving in
all-electric mode, without giving up rapid acceleration or
the ability to travel at highway speeds, all without
burning a drop of gasoline," Furia said.
The patent filing also discloses that idle XH(TM)
vehicles will be capable of sending power back into the
grid through a vehicle to grid -- V2G -- subsystem, which
will help stabilize the power grid and reduce XH(TM)
owners' cost of electricity.
Ownership Costs
"The Extreme Hybrid(TM) won't only cost less to
operate on a daily basis, it will also be the first hybrid
that will save enough money from reduced operating costs to
more than offset the higher purchase price of the car,"
added Furia. "In fact, over five years, we estimate
that the XH(TM) owner will be $11,000 ahead and, over 10
years, $22,000 ahead."
Filling up once every 10 weeks
"The advantages to the environment and our
independence from foreign oil are obvious, but the reason
we believe consumers will want this car is because they
will save money and because the performance of the XH(TM)
will be no different than that of conventional cars,"
Furia said.
"To recharge the Extreme Hybrid(TM) for your daily
driving you will need to plug in your car to house current
every night, but the average American will only have to
fill up with gasoline or ethanol once every 10 weeks or so
unless they take a longer trip."
About Ricardo
With its North American headquarters in Van Buren Twp.,
Mich., Ricardo has been a world-leading vehicle system and
powertrain technology provider for automotive
manufacturers, heavy-duty manufacturers and tier one
suppliers since 1915.
Ricardo is the premium global deep-content engineering
and management consulting partner for automotive,
commercial vehicle and related industry sectors. The
company provides complete engineering services from
strategy through product concept, design release and
validation, and all phases of the product lifecycle.
Ricardo technical expertise lies in powertrain and
driveline, vehicle engineering, hybrid and fuel cell
technologies, controls and electronics, niche volume
manufacturing and advanced simulation software.
Ricardo is committed to excellence and industry
leadership in people, technology and knowledge. A public
company based in the U.K., Ricardo plc posted sales of $272
million in fiscal year 2005 and is a part of the FTSE
techMark 100 index -- a group of innovative technology
companies listed on the London Stock Exchange. For more
information, visit http://www.ricardo.com .
More about AFS Trinity Power
AFS Trinity was formed through the merger of American
Flywheel Systems, Inc. and Trinity Flywheel Power in 2000.
The company is headquartered in Bellevue, Wash. with an
Engineering Center in Livermore, California. AFS Trinity's
research and development has been funded mostly by private
sources, but also through contracts with NASA, U.S. DOT,
U.S. DOE, as well as Army, Navy and Air Force prime
contractors.
For more information: http://www.afstrinity.com
Some statements in this news release are
forward-looking. These statements may be identified by the
use of words such as "will," "expects,"
"believes," "targets,"
"intends," and words of similar import. Actual
results may vary depending on circumstances both within and
outside the control of the Company including market
acceptance of products, technology development cycles and
other risk factors. AFS Trinity Power Corporation takes no
responsibility for updating any forward-looking statements
made in this release.
Extreme Hybrid(TM), XH(TM), Fast Energy(TM), and Fast
Energy Storage(TM) are trademarks pending of AFS Trinity
Power Corporation.
(C) 2005 AFS Trinity Power Corp. -- Patents Pending
All Rights Reserved.
For more information, please contact:
Laurie Herrick Westdahl,
AFS Trinity Power
Tel: +1-425-454-2888
Email: headquarters@afstrinity.com
SOURCE AFS Trinity Power
2007'02.01.Thu
Praxair Raises Industrial Gas Prices in China Market
May 08, 2006
SHANGHAI, May 8 /Xinhua-PRNewswire/ -- The joint
ventures and solely invested companies by Praxair (China)
Investment Co., Ltd. have raised the prices of bulk oxygen,
bulk nitrogen, bulk argon, and carbon dioxide by 10 percent
in northern, eastern, and southern China markets since the
beginning of April this year.
Praxair explained that the price increases mainly
resulted from rising fuel and energy costs in producing
oxygen, nitrogen, argon, and carbon dioxide. Praxair has
taken this action as an effort to ensure customer
reliability and service in the tight supply market of these
products.
Praxair is also advising its distributors of additional
charges for exceeding contract volumes. In addition,
Praxair will be reviewing the pricing structure for direct
customers where the existing contracts permit.
Praxair China President David Chow commented, "We
are committed to maintaining the highest level of supply
reliability for our customers in an environment of
increasing costs. We have a continuous productivity
improvement program and have absorbed much of the previous
cost increases. Praxair's goal is to maintain a safe and
reliably supply network for all of our customers."
About Praxair China
Praxair (China) Investment is a leading industrial air
provider in China. It is headquartered in Shanghai and has
13 solely invested companies and 11 joint ventures in
China. More information on Praxair China is available on
the Internet at http://www.praxair.com.cn .
About Praxair
With 27,000 employees and operations in 40 countries,
Praxair, Inc. (NYSE: PX) is a global, Fortune 500 company.
Praxair is the largest industrial gases company in North and
South America, and one of the largest worldwide, with 2005
sales of $7.7 billion. The company produces, sells and
distributes atmospheric and process gases, and
high-performance surface coatings. Praxair products,
services and technologies bring productivity and
environmental benefits to a wide variety of industries,
including aerospace, chemicals, food and beverage,
electronics, energy, healthcare, manufacturing, metals and
others. More information on Praxair is available on the
Internet at http://www.praxair.com .
For more information, please contact:
Juno Chen,
Praxair Asia, Media
Tel: +86-21-2894-7018
Email: juno_chen@praxair.com
SOURCE Praxair China
2007'02.01.Thu
WoodWing's Smart Hyphen Features Enhanced Hyphenation
May 08, 2006
ZAANDAM, Netherlands, May 8 /Xinhua-PRNewswire/ --
WoodWing Software(TM) has introduced Smart Hyphen(TM),
which delivers enhanced hyphenation functionality to
Adobe(R) InDesign(R) and InCopy(R) CS2. Smart Hyphen
introduces the intelligent syllable technology of the
*TALO(TM) language modules.
"This is a huge advancement for our
industry," said Erik Schut, President of WoodWing
Software. "The *TALO hyphenation modules are
incredible. They're capable of understanding the target
language almost like a human. The module inserts hyphens
and keeps the text flow comprehensible."
"We're proud to announce the launch of Smart
Hyphen after a fruitful cooperation with WoodWing
Software," said Jaap Woestenburg of *TALO B.V.
"WoodWing and *TALO started to work together to add
the best language technology to InDesign and InCopy,
pushing InDesign beyond the edge of its
possibilities."
"It's extremely fast and it's extremely
accurate," said Aad Droogh, WoodWing's Technical
Product Manager for Smart Hyphen. "The mechanism of
the hyphenator is a process of pattern recognition, and it
reacts instantaneously."
Droogh said that another benefit of Smart Hyphen is
that it accurately responds to new words. "Smart
Hyphen correctly hyphenates new words, which is a huge
benefit for the newspaper and magazine industries.
"Each language has its own structure, because each
language has its own peculiarities," Droogh said.
"Smart Hyphen recognizes that, no matter the language,
it will provide fast, accurate hyphenations."
Language availabilities include American English,
Australian English, Austrian German, Bahasa Indonesia,
Bahasa Melayu, Basque, Belgian French, British English,
Bulgarian, Byelorussian, Canadian English, Canadian French,
Castilian, Catalan, Croatian, Czech, Danish, Dutch,
Estonian, Finnish, French, Frisian, Galician, German
(Traditional), German (Reformed), German (DPA), Greek,
Hungarian, Icelandic, Italian, Latvian, Lithuanian,
Macedonian, Maltese, New Zealandic English,
Norwegian-Bokmal, Norwegian-Nynorsk, Old Greek, Polish,
Portuguese-European, Portuguese-Brazilian, Rhaeto-Romance,
Romanian, Russian, Saami, Slovak, Slovenian, Afrikaans,
South African, Spanish, Swedish, Swiss German, Turkish, and
Ukranian.
About *TALO
*TALO is a Netherlands-based software company,
specializing in the development of language modules. The
company conceived, designed and developed the *TALO
hyphenation system from a psychological, cognitive and
language perspective.
About WoodWing
Since 1997, WoodWing Software engineers have worked
with the Adobe InDesign engineering team to develop
plug-ins and solutions for Adobe InDesign and InCopy.
Through a combination of publishing industry experience and
a deep knowledge of the Adobe InDesign/InCopy architecture,
WoodWing Software offers solutions, productivity tools and
plug-ins that make publishing with these programs faster,
easier and much more effective.
For more information, please contact:
Patricia Borghaerts,
WoodWing Software
Email: pr@woodwing.com
Web: http://www.woodwing.com
SOURCE WoodWing Software
2007'02.01.Thu
Corning to Expand Generation 8 LCD Glass Production
May 08, 2006
Company Signs Supply Agreement with Sharp for Gen 8 fab
CORNING, N.Y., May 8 /Xinhua-PRNewswire/ -- Corning
Incorporated (NYSE: GLW) announced on May 1 that its board
of directors recently approved a capital expenditure plan
of $174 million to further expand its Generation (Gen) 8
size liquid crystal display (LCD) glass substrates
manufacturing capacity at its facility in Shizuoka, Japan.
The company had previously announced that it will ship
samples of its Gen 8 size LCD glass (2160 mm x 2400 mm)
from this facility in the second quarter. Corning expects
to begin Gen 8 commercial shipments in the third quarter,
with this new capacity continuing to come on line through
late 2007.
In addition, Corning announced that it recently signed
a supply agreement making Corning the majority glass
substrate supplier for Sharp Corporation's Gen 8 fab in Mie
Prefecture, which is currently under construction and
expected to open later this year. Sharp's new Gen 8
factory will be focused on LCD TVs that are 40 inches and
larger. Corning's new investment will add Gen 8 glass
capacity to meet Sharp's future supply requirements.
The Gen 8 substrates manufactured at the facility will
be Corning's new EAGLE XG(TM) glass, which the company
launched commercially in March of this year. EAGLE XG is
the first LCD substrate free of all heavy metals including
arsenic, antimony and barium. It is also free of halides,
such as chlorine, fluorine and bromine, making it the most
environmentally-friendly LCD glass on the market.
"Corning continues to be the leading supplier of
large-size glass substrates for the LCD industry,"
said James Clappin, president of Corning Display
Technologies. "We are increasing capacity to meet the
anticipated future supply requirements for high-quality
large-size glass substrates to support the growing LCD TV
market. We believe that LCD TV will continue to become
more competitive in the 40-inch and larger-size range,
especially with its exceptional HDTV performance," he
said. "We are closely monitoring consumer demand for
LCD television, and we will pace our manufacturing
expansions accordingly."
"Sharp is a very important customer for us here in
Japan, and we are pleased to continue our strong, long-term
relationship with them. We are excited to announce both
the expansion of our Gen 8 capacity at Shizuoka and the
supply agreement. These will enable Corning to continue to
meet Sharp's demand for a reliable supply of pristine
substrates," said Akihisa Mitsuhashi, president,
Corning Japan K. K.
Corning previously said that it continues to believe
that the global LCD glass market will grow between 40
percent and 50 percent in volume this year and that
Corning's volume will grow at a rate greater than the
overall market. The company also said that LCD TV
penetration should reach 19 percent of the total television
market in 2006. LCD TVs accounted for 11 percent of the
global television market last year.
In response to the growing demand for large-generation
LCD glass substrates, Corning has fully expanded its
Tainan, Taiwan facility. The company also constructed a
second facility in Taichung, Taiwan and held the grand
opening of that facility in January of this year. In
addition to these expansions and Corning's recent decision
to establish a facility in Beijing, China, Samsung Corning
Precision Glass Co., Ltd. has also expanded large-gen size
capacity at its facility in Cheonan, Korea. Samsung
Corning Precision is Corning's 50-percent owned equity
venture in Korea.
About Corning Incorporated
Corning Incorporated ( http://www.corning.com ) is a
diversified technology company that concentrates its
efforts on high-impact growth opportunities. Corning
combines its expertise in specialty glass, ceramic
materials, polymers and the manipulation of the properties
of light, with strong process and manufacturing
capabilities to develop, engineer and commercialize
significant innovative products for the telecommunications,
flat panel display, environmental, semiconductor, and life
sciences industries.
Forward-Looking and Cautionary Statements
This press release contains forward-looking statements
that involve a variety of business risks and other
uncertainties that could cause actual results to differ
materially. These risks and uncertainties include the
possibility of changes or fluctuations in global economic
and political conditions; tariffs, import duties and
currency fluctuations; product demand and industry
capacity; competitive products and pricing; manufacturing
efficiencies; cost reductions; availability and costs of
critical components and materials; new product development
and commercialization; order activity and demand from major
customers; capital spending by larger customers in the
liquid crystal display industry and other businesses;
changes in the mix of sales between premium and non-premium
products; facility expansions and new plant start-up costs;
possible disruption in commercial activities due to
terrorist activity, armed conflict, political instability
or major health concerns; ability to obtain financing and
capital on commercially reasonable terms; adequacy and
availability of insurance; capital resource and cash flow
activities; capital spending; equity company activities;
interest costs; acquisition and divestiture activities; the
level of excess or obsolete inventory; the rate of
technology change; the ability to enforce patents; product
and components performance issues; changes in key
personnel; stock price fluctuations; and adverse litigation
or regulatory developments. These and other risk factors are
identified in Corning's filings with the Securities and
Exchange Commission. Forward-looking statements speak only
as of the day that they are made, and Corning undertakes no
obligation to update them in light of new information or
future events.
For more information, please contact:
Media Relations Contacts:
Lydia Lu
Tel: +86-21-5467-4666-1900
Email: lulr@corning.com
Daniel F. Collins
Tel: +1-607-974-4197
Email: collinsdf@corning.com
Investor Relations Contact:
Kenneth C. Sofio
Tel: +1-607-974-7705
Email: sofiokc@corning.com
SOURCE Corning Incorporated
2007'02.01.Thu
Carnegie Mellon University Dedicates Statue of Its First Ph.D. Graduate and Leading Chinese Engineer
Carnegie Mellon University Dedicates Statue of Its First Ph.D. Graduate and Leading Chinese Engineer
May 08, 2006
PITTSBURGH, May 8 /Xinhua-PRNewswire/ -- Carnegie
Mellon University has placed a statue of famed Chinese
engineer, educator and alumnus Mao Yisheng on its campus in
Pittsburgh, Pennsylvania (USA).
(Logo:
http://www.newscom.com/cgi-bin/prnh/20020422/CMULOGO )
The statue commemorates the achievements of Mao, who
earned the first Ph.D. from the Carnegie Institute of
Technology (now Carnegie Mellon) in 1919.
"Carnegie Mellon is immensely proud of the
accomplishments of Mao Yisheng, our first Ph.D. graduate.
His contributions to major engineering projects and his
immense impact as an educator in China make him truly one
of the most important engineers of the 20th century. His
career illustrates Carnegie Mellon's global reach and adds
further luster to Carnegie Mellon's history," said
Carnegie Mellon President Jared L. Cohon.
Mao was one of the preeminent engineering minds of the
20th century. After receiving his doctor's degree, he went
on to design two of China's most famous modern bridges --
the Qiantang River Bridge near Hangchow and the Yangtze
River Bridge at Wuhan. He also led the structural design of
the Great Hall of the People in Beijing.
Mao was on the faculty of five major universities and
served as president of four. He helped to transform Chinese
engineering education by introducing new subject matter and
problem-solving techniques into university curricula. He
was also a distinguished scholar of the history of science
in China.
The statue includes an inscription from China Premier
Wen Jiabao.
The Broad Air Conditioning Company, based in China,
donated the statue to Carnegie Mellon. Its installation was
supported by several donors: Astorino; China Construction
America Inc.; China State Engineering Corporation; Cost
Company; Mao Yisheng Science and Technology Education Fund;
and Sheen Harbour Ltd.
For more information, please contact:
Teresa Thomas,
Carnegie Mellon University
Tel: +1-412-268-2900
Email: thomas@cmu.edu
SOURCE Carnegie Mellon University
2007'02.01.Thu
Top Singers to Compete in 's-Hertogenbosch, The Netherlands
May 08, 2006
'S-HERTOGENBOSCH, The Netherlands, May 9
/Xinhua-PRNewswire/ -- The 46th International Vocal
Competition (IVC) in 's-Hertogenbosch will be held from the
11 to 25 September 2006. It will be the first time that the
pre-selection, competition as well as related events will
happen in one event. Top young singers from all over the
world will come to the historical city of 's-Hertogenbosch.
IVC is the only international singing competition in
the Netherlands, and many top classical singers launched
their careers there. An IVC winner is assured of an
international career. Winners in recent years were the
Dutch talents Margriet van Reisen, Cora Burggraaf and
Lenneke Ruiten, who now cause an international sensation.
Some well known past winners include Jard van Nes, Robert
Holl, Nelly Miricioiu, Elly Ameling, Thomas Hampson, Ileana
Cotrubas. Many winners have since returned to
's-Hertogenbosch offering their experience and services to
IVC. For example, bass singer Robert Holl (winner 1st
prize, 1971) will be present this year as jury member,
leader of a masterclass and singer in a symphonic concert.
A few young Dutch singers who took part in national
pre-selections are assured of participation in the
competition. All others must give proof of their
capabilities in the International Pre-selections during the
first week. These will be held in the 'Toonzaal', formerly a
synagogue where several Jewish elements are still present.
The contest in the second week (First Round, Semi-Final
and Final), will be held in the 'Theater aan de Parade'.
Some members of the juries are the singers Roberta
Alexander, Robert Holl and Christa Ludwig, pianist Rudolf
Jansen and conductor Kenneth Montgomery.
During the event Christa Ludwig, Rudolf Jansen and
others will give a masterclass.
In the Final on Sunday 24 September, a symphony
orchestra ('Het Brabants Orkest') will accompany.
A total amount of over 40,000 euros is available as
cash prizes; the first prize is 10,000 euros.
Contestants in the Semi-Final and Final must sing a
mandatory song, created by the Dutch composer Robin de
Raaff. Several arrangements of the song have been created
which are suitable for all kinds of voices and various
accompaniments.
Applying for the Competition is still possible. More
information is available at http://www.ivc.nu or on request
via e-mail address info@ivc.nu, or contact Marc Versteeg by
telephone on +31 (0)73 6900999, fax number +31 (0)73
6901166 or by post:
International Vocal Competition
P.O.Box 1125
5200 BG 's -Hertogenbosch
the Netherlands
SOURCE International Vocal Competition
2007'02.01.Thu
The 11th International Exhibition on Die & Mould Technology and Equipment Achieves New High
May 08, 2006
Die & Mould Takes Lead in Modern Industries
SHANGHAI, China, May 8 /Xinhua-PRNewswire/ -- Shanghai
International Exhibition Co., Ltd. announced today that the
11th International Exhibition on Die & Mould Technology
and Equipment (Die & Mould China 2006), which maintains
its position as the World's No. 2, and Asia's No. 1, will be
held in the Shanghai New international Expo Center (SNIEC)
from May 8 to May 12, 2006. More than 1,200 exhibitors from
16 countries and regions will join this gala.
Since its first outing in 1986, the exhibition has
increased in size dramatically, from the original 3,000
square meters to the present 60,000 square meters. The
2006 show will be jointly hosted by the China Die &
Mould Industry Association and Shanghai International
Exhibition Co., Ltd. Thus far, it has become Asia's
largest Die & Mould Exhibition, attracting top brands
from home and abroad, and has enjoyed the full support of
the UFI, of which it has been a member since 1996.
A Record Scale and High Profile Exhibitors
Die & Mould China 2006 occupies a show area of
nearly 60,000 square meters, which is the largest ever.
More than 1,200 exhibitors from 16 countries and regions
such as Britain, Japan, Korea, Italy, Spain, Switzerland
and France have joined, as have delegations from relevant
associations in the US, Germany, Korea, Hong Kong and
Taiwan.
According to preliminary statistics, about 500 kinds of
equipment will be displayed at the exhibition. Large
equipment, such as: machining centers and high speed
milling machines will be exhibited by more than 60
enterprises which will present their latest products. Many
of them are internationally renowned, for example: Japanese
MAKINO, OKUMA, MAZAK, MORI SEIKI and TOSHIBA MACHINERY,
German DMG, American HASS, HARDINGE and FADAL, and Italian
FIDIA. The event also receives warm response from many
prestigious manufacturers of other metal cutting equipment
and precision electric processing equipment, cutting tools,
materials and software from all parts of the world,
including, AGIECHARMILLES, SODICK, HEXAGON, DME, Swede
SANDVIK, Japanese TOSHIBA TOOL, DAIDO and HITACHI, German
ZEISS and SIEMENS, British LK and DELCAM, Hong Kong LUNG
KEE, and Taiwan KAOMING, HARTFORD and JOHNFORD. In
addition, Shenyang Machine Tool (Group) Co., Ltd., the
leading and backbone machine tool maker in China will have
a great display at the exhibition by presenting its
machining center, CNC milling machines and CNC millings and
drilling machines and exchange and compete with elite
counterparts from across the world. Guilin Machine Tool
Co., Ltd. will display its machining center that is
equipped with a universal milling head and can make
five-side processing. It has already been used by some die
and mould enterprises. Moreover, the latest products from
Beijing Machine Tool Research Institute, Hanchuan Machine
Tool Co., Ltd., Hangzhou Machine Tool Group Co., Ltd.,
Suzhou Electromachining Machine Tool Research Institute,
Shanghai Measuring & Cutting Tool Works, Shanghai
Baosteel Group Corporation and other organizations will
also be showcased at this
exhibition.
In view of the dies and moulds to be exhibited, the
automotive panel die manufacturers like Die Manufacturing
Co., Ltd. of FAW, Dongfeng Motor Die & Mould Co., Ltd.,
Tianjin Motor Dies Co., Ltd., Sichuan Chengfei Integration
Technology Corp. Ltd., China Push Group International
Co.,Ltd., Yuejin Motor Group Nanjing Tooling Co., Ltd.,
Beiqi Foton Motor Co.,Ltd. Weifang Die & Mould Plant
and Beijing BYD Die Co., Ltd., which are the major
automotive die manufacturers in China, will, together with
many other automotive die companies, demonstrate China's
overall strength in automotive punch dies in the center of
W4 Hall. Many plastic mould makers led by Qingdao Haier
Molds Co., Ltd, precision punch die makers led by Wuxi G.S.
Precision Tool Co.,Ltd., tire mould makers led by Shenyang
Radial Tire Mold Co., Ltd. and Guangdong Greatoo Molds
Inc., foundry moulds makers represented by FAW Foundry Co.,
Ltd. Foundry Mould & Equipment Plant and Ningbo Heli
Mould Co., Ltd., extrusion die makers led by Tongling
Sanjia Mould Co., Ltd. will display their representative
products at the exhibition to sketch a new picture of the
Chinese die and mould industry.
In terms of region, Guangdong and Zhejiang will show
their strengths as being powerful die and mould provinces.
The exhibitors from these two provinces almost occupy an
entire exhibition hall. In Western China, exhibitors from
Shaanxi and Sichuan showed great enthusiasm toward this
event and the number of exhibitors exceeds 20.
Packaging the Whole to Produce an Exhibition Brand
In Die & Mould China 2006, organisers have
reinforced the integrated publicity and packaging, making
an exhibition logo for uniforms, thematic colors, as well
as releasing commercial films in both Chinese and English.
They selected a number of professional and mass media
outlets to communicate information. Many media partners
will make full range reports prior to, during and after the
exhibition. Some foreign media have also published relevant
reports. Thus far, advertisement and communication
regarding this exhibition have been made through more than
30 media outlets more than 80 times. CDMA has published a
special issue for this event in MM Machineinfo and
Machinist.
The organizers also publicized the die and mould
enterprises targeting auto parts users through Auto
Shanghai. Advertisements on the Shanghai-Nanjing
Expressway and Shanghai-Hangzhou Expressway have also been
published. In addition, subway advertisements along roads
near the exhibition halls have been in place.
Establishing a Platform for Trade Between China and the
World
To attract more professional audiences and purchasers,
and to enhance the number of deals made through the
exhibition, more importance has been laid on business
invitation. Multiple channels were used such as magazines,
websites, radio broadcast, TVs, etc., as well as posting of
invitation letters and launching of promotion meetings to
forge powerful audience networks. Moreover, the organizers
have made more efforts on overseas audiences. They tried to
draw attention of the target audience through die &
mould associations in different countries and regions, the
embassies and trade promotion agencies in Shanghai as well
as by sending communication materials and invitation
letters. According to current statistics, exhibitors from
over 30 countries will attend the exhibition. PMA, VDMA,
and the die and mould industry associations from Asia
including TAGMA, Korea and Sigapore, Hong Kong and Taiwan
are organizing delegations to China. It is predicted that
the audiences from home and abroad will exceed last year's
exhibition by 20%.
Supporting Activities
During the exhibition, CDMA will hold an Advanced Die
& Mould Manufacturing Technology Seminar, while CDMA
Technology Committee will organize a series of activities,
as it did for past exhibitions, such as, appraising the
level of exhibited die and mould products, and commenting
on the advancement of the die and mould manufacturing
technologies, equipments, tools, materials and software
reflected by the exhibition. During the event, the
appraisal of excellent die & mould manufacturing
equipment and tool suppliers, excellent die & mould
designing and manufacturing software suppliers and
excellent die & mould material suppliers will be
conducted; the 3rd Session of the 5th CDMA Board of
Governors will be convened; China Advanced Die & Mould
Technology Seminar of the International Exhibition on Die
& Mould Technology and Equipment hosted by CDMA
Technology Committee will open on May 10, at which lectures
will be given by senior Chinese and foreign experts; the
annual conference of CDMA Technology Committee and Standard
Parts Committee will be held at the same time; 2006
Automotive Die & Mould Manufacturing Technology Seminar
jointly organized by CDMA Automobile Body Mould and
Equipment Committee and AI Automobile Industry magazine
will start on the morning of May 11.
In the 11th China Advanced Die & Mould Technology
Seminar, of the International Exhibition on Die & Mould
Technology and Equipment and the 2006 Automotive Die &
Mould Manufacturing Technology Seminar, there will be an
academician to make keynote speeches. Guo Chongqing and
Ruan Xueyu, academicians of the Chinese Academy of
Engineering will make reports with the theme of the
"developing trend of the manufacturing industry and
the strategic selection of China's manufacturing
industry" and "the digital strategy of automotive
die & mould," respectively, to produce a
professional and high level seminars.
Moreover, many foreign exchange activities will be
launched during the exhibition. The Sino-German Die &
Mould Forum hosted by CDMA and organized by VDMA, DIHK and
relevant organizations will be held on May 11 where 52
automotive and die & mould makers from Germany and
other European countries, including the purchase managers
and sales managers from German Audi AG, BMW AG and so on
will be present. CDMA will exchange and hold talks with
delegations from PMA, VDMA, KODMIC and TAGMA on matters of
common interest. The die & mould associations from
Asian countries, including Singapore, are preparing for the
visit to China.
Highlighted by Professional Services
This time, on the basis of maintaining the tradition
and inheriting the strong points, organisers will do
whatever possible, sparing no efforts to increase service
awareness in such aspects as attracting exhibitors and
businessmen, supporting activities, and meeting reception,
etc. to highlight "human-oriented" services.
Organisers plan to deliver the best ever die & mould
exhibition. The exhibition has the following
characteristics:
For exhibitors: in order to enhance the property rights
awareness of exhibitors and safeguard the legal rights and
interests of enterprises, the organizers will set up a
consulting center on intellectual property rights on the
spot, and invite related functional departments to deal
with various disputes and complaints. At the same time, a
contact center for exhibits trade will be set up on site to
facilitate trade.
For the public: for the first time, die & mould
China 2006 will set up a system of advance registering for
attendees through the platform of an official website (
http://www.diemouldchina.com ), so that visitors home and
abroad can sign up to visit and enter the exhibition hall
more easily. In addition, the organizers will update the
exhibition information on the internet so that exhibitors
and visitors can have in-time and comprehensive knowledge
of the exhibition. In view of the enormous flow of
visitors, entrances will be opened on the hall of the
northern entrance and west side of the fourth exhibition
hall, in order to guarantee good order. There is an
information desk in every exhibition hall to provide
consulting services. Notice boards and media boards will be
set up in the entrance of every hall to publicize the daily
information about the exhibition and the statistics. In
order to satisfy the different dining needs of exhibitors
and the public, the organizers will increase the variety of
food and drinks and provide services of high quality.
Moreover, the organizers will provide medical care,
transportation and communication.
For the media: based on the experience of the last
exhibition, in order to make the overall service more
comprehensive, reasonable and humanistic, during the
exhibition the organizers will set up a News Center in
E1-b1 outside of the E1 Hall, to provide free working
conditions and place for news writing, communication,
internet, e-mail, reprography and CD duplication, so that
correspondents can make in-time reports on the exhibition.
In addition, rest facilities and other services will be
offered to news reporters.
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 more information, please contact:
Cheng Laiping, Executive Show Director
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.
2007'02.01.Thu
Shanghai Century Acquisition Corporation Announces IPO Closing
May 04, 2006
HONG KONG and MENLO PARK, Calif., May 4
/Xinhua-PRNewswire/ -- Shanghai Century Acquisition
Corporation ("the Company") (AMEX: SHA.U) today
announced the closing on April 28, 2006 of the Company's
initial public offering for 14,375,000 units (including
1,875,000 units subject to the underwriters' over allotment
option, which was exercised in full).
Each unit consists of one ordinary share, par value
$0.0005 and one warrant. The units were sold at an
offering price of $8.00, generating gross proceeds to the
Company of $115,000,000. I-Bankers Securities
Incorporated, WR Hambrecht + Co and Ladenburg Thalmann
& Co. Inc. acted as the managing underwriters for the
initial public offering. The Company's units began trading
on the American Stock Exchange on Tuesday, April 25, 2006
shortly after the Company's registration statement was
declared effective by the Securities and Exchange
Commission.
"We are delighted with the success of our
IPO," said Anthony Kai Yiu Lo, Co-Chief Executive
Officer and Chairman, Shanghai Century Acquisition
Corporation. "We are committed to building
shareholder value and will soon begin exploring growth
opportunities through potential acquisitions."
Franklin D. Chu, Co-Chief Executive Officer, Shanghai
Century Acquisition Corporation, added: "We will tap
our extensive relationships and adhere to sound investment
strategies in our search for potential target companies in
China."
Copies of the prospectus relating to this offering may
be obtained from I-Bankers Securities Incorporated, 125 E.
John Carpenter Freeway, Suite 260, Irving, TX 75062 or from
Shanghai Century Acquisition Corporation, Suite 1002, 10th
Floor, 43 Lyndhurst Terrace, Central, Hong Kong SAR,
People's Republic of China.
This announcement is neither an offer to sell nor a
solicitation of an offer to buy these securities. The
offer is made only by the prospectus.
About Shanghai Century Acquisition Corporation
Shanghai Century Acquisition Corporation is a company
with principal offices in Hong Kong. The Company was
formed for the purpose of acquiring, through a stock
exchange, asset acquisition or other similar business
combination, or control, through contractual arrangements,
an operating business having its primary operations in the
People's Republic of China.
Media Contact
Patricia Block
Block Consulting
Tel: +1-650-344-6691
Email: pblock@blockconsulting.net
SOURCE Shanghai Century Acquisition Corporation
2007'02.01.Thu
System General Launches into the LCD TV Power Supply Control IC Market
May 04, 2006
TAIPEI, Taiwan£¬ May 4 /Xinhua-PRNewswire/ -- System
General Corporation, the leader in the LCD monitor power
adapter market, today announced its brand new power supply
solutions, while at the same time unveiling its advance
into the LCD TV market. This full range of solutions is
ideal for various-sized LCD TVs, in which System General
leverages its power IC products, including PFC (power
factor correction) control chips, PWM (pulse width
modulation) control chips and supervisor ICs. Boasting its
ever-growing product portfolio, System General moves a step
nearer to a new milestone driven by dramatic growth in the
LCD TV market.
With prices rapidly becoming acceptable, the shipment
of LCD TVs is increasing dramatically. According to the
DisplayBank's latest report, the average compound annual
growth rate of LCD TVs from 2006 to 2010 will be 35%, with
shipment expected to increase from 40.2 million units in
2006 to 92.8 million units in 2010. The booming
development in the market ensures the need for power
supplies of LCD TVs equally. With over 50% of the LCD
monitor power adaptor market share globally, System General
is introducing a power reference design that addresses
requirements of various-sized TVs in the concept of total
solutions. System General indicated that it has been
initially involved in a partnership with well-known
domestic LCD TV power supply manufacturers, and solid
achievements are anticipated to contribute to development
in the near future. "We expect to gain about 20% of
the worldwide LCD TV power supply market share by end of
next year," said Mr. Chandler Lin, President of System
General.
"System General's consistently adhered belief is
to help power supply customers reduce costs of their power
systems using innovative technologies while further
achieving its environmentally friendly focus of energy
saving," said Eric Lan, Vice President of the Sales
& Engineering Division, System General. System General
always rolls out solutions that allow users and
manufacturers of LCD TVs, regardless of small, medium or
large sizes, to fully benefit from its products. For
general users, System General's LCD TV power solution
significantly optimizes the power conversion efficiency,
saves standby energy consumption, while achieving the
environmental target of saving energy. For power supply
manufacturers, System General's power IC significantly
simplifies design circuits of power systems, reduces
external component costs, while enhancing the
price-to-performance ratio of power supplies.
In typical power supplies for 32-inch LCD TVs, for
example, System General's solution employs its SG6931
PFC/PWM combo IC to design the main circuit that comes with
the SG6741 PWM control chip as the standby power circuit
plus the SG6515 supervisor IC. As a result of such a
combination, a 320-watt output power is provided, with a
power factor better than 0.98, average power conversion
efficiency of 85%, and standby energy consumption lower
than 1W. This complies with the strictest low-standby
power consumption standard from the EU. Amazingly, the
total system material cost of such a high-quality solution
only amounts to NT$1.5 per watt, making it the ideal
solution that features the optimal price-to-performance
ratio available in today's market.
About System General
System General was founded in 1983. Initially, the
company primarily offered power system design services. In
1985, it began R&D, manufacturing, and marketing of IC
programming and testing instruments. After endeavors of
more than a decade, SG has earned a reputation for high
quality goods and has received recognition from customers
in Taiwan and abroad. In 1999, SG established its
semiconductor branch, and began officially offering IC
design services. Its principal products are power
management ICs, which were introduced to the market in
2002. Most Taiwan IC design firms concentrate on the DC-DC
field, while SG is the only IC design firm in Taiwan
possessing comprehensive AC-DC power management chip
production lines with products used on the power management
systems of various kinds of computers, peripherals, wireless
communications equipment, and home appliances.
SG is headquartered in Taiwan with subsidiaries in the
US and China, and has established several marketing
channels in Europe, America, and the Asia Pacific region,
actively paving the way for globalization.
The two SG business groups currently offer the
following products:
1. Power control and management IC: ATX SMPS control
IC; energy-saving PWM
control IC; scanner analog front end control IC
2. IC programming and testing instrument: fully
automatic IC programming and
testing system; universal/special component IC
burner; mass produced/R&D
IC burner
SG Web site: http://www.sg.com.tw/
Contact:
Claire Cheng
System General Corporation
Tel: +886-2-2917-3005 Ext. 539
Fax: +886-2-2911-1283
Email: claire.cheng@sg.com.tw
http://www.sg.com.tw
SOURCE System General Corporation
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