2007'02.01.Thu
New Era Cap to Open Flagship Store in New York City

PR
April 19, 2006

'New Era: New York' Makes a Home in the Village
DERBY, N.Y., April 19 /Xinhua-PRNewswire/ -- New Era Cap Co., Inc., the premier, global headwear designer, developer and manufacturer, announced today that it will open a Flagship store in New York City. New Era: New York, which will be located at 9 E. 4th Street, in New York City's Greenwich Village, is slated to open in May 2006. This is the company's first flagship store. New Era: New York will feature the broadest and most exclusive selection of New Era headwear in the world. The New Era 59FIFTY, the company's famed, signature fitted baseball cap will take center stage in this highly anticipated retail space. The store will also feature looks across New Era's many market segments, like fashion; styles in Women's and Kid's fits; and caps that satisfy the true sports enthusiast. Additionally, consumers will find New Era branded product; hats from the EK by New Era brand, and caps made for New Era's Action Sports partners including DC Shoes, Stussy and Billabong. "It is an exciting time at New Era, the launch of the company's first Flagship store is a definitive step into the company's future," said New Era's Director of Retail Sid Dey. "Opening New Era: New York presents us with the opportunity to develop a direct relationship with our consumers, while showcasing the great cross section of headwear we make, giving us the ability to satisfy a large audience. It also allows us to show off New Era's most innovative looks; offering consumers some of the hottest headwear they have ever seen!" The look of New Era: New York, a 2,000 sq ft boutique space, was developed by Jager Di Paola Kemp Design, Burlington, VT, with final design executions by architectural firm TPG, whose portfolio includes Barney's New York, Dolce & Gabbana and the NBA Store. Housed in one of New York's historically land marked gems, the E. 4th Street building was built in the 1800s and was home to a manufacturing company for most of the 1900s. The boutique has a distinguished look, a unique departure from traditional headwear stores; it features exposed brick, maple hardwood floors, custom cabinetry and iron cast, floor inlays of the company's logo and the famed visor sticker found on the New Era 59FIFTY. New Era Cap is an 86-year-old global headwear company making more than 25 million licensed and non-licensed, performance and fashion units per year. The exclusive manufacturer and marketer of Major League Baseball's official uniform caps, its other licenses include National Basketball Association, National Hockey League, College - Bowl Games and National Championships and Little League. New Era is the sole owner of the EK by New Era brand launched in 2005. Founded in 1920, New Era is a privately owned company, headquartered in Derby, New York, with divisions in Canada, Europe and Japan; it employs more than 1,500 people. New Era is a Category A member of the Fair Labor Association. For more information, please contact: Crystal Howard, New Era Cap Co., Inc. Tel: +1-716-562-3069 Mobile: +1-716-400-3057 Web: http://neweracap.com SOURCE New Era Cap Co., Inc.
2007'02.01.Thu
Venetian Macau Ltd. Chooses First Advantage Hiring Management Systems to Facilitate Ambitious Recruitment Program in Multiple Asian Languages

April 18, 2006

ST. PETERSBURG, Fla., April 18 /Xinhua-PRNewswire/ -- First Advantage Corporation (Nasdaq: FADV), a global risk mitigation and business solutions provider, today announced that its applicant tracking and talent management software solution, First Advantage Hiring Management System (HMS), has been selected by the Venetian Macau Ltd. to automate its recruiting process for the Sands Macao, a one-million-square-foot casino and entertainment complex, as well as its integrated resort The Venetian Macao-Resort-Hotel under construction at the Cotai Strip(TM), located in Macao, Special Administrative Region of the People's Republic of China. "An automated system such as First Advantage HMS will help us greatly in achieving our ambitious recruitment objectives," said Bill Gasparek, non-gaming application development manager for Sands Macao. First Advantage HMS offers multilingual support to Venetian Macau Ltd. in the Special Administrative Region of the People's Republic of China. "We needed a system that had a proven capability to support Asian languages concurrently," said Gasparek. In addition to its ability to support Asian languages, Venetian Macau Ltd. selected First Advantage HMS for its integration with the Infinium HR system, its proven record of automating recruiting processes for gaming industry clients, and its use of .NET and XML as underlying technologies. "First Advantage HMS is one of the components that will allow us to automate our entire HR recruitment process and make it essentially paperless," added Gasparek. "The global market is expanding, and it is increasingly important that automation tools, such as First Advantage HMS, help companies reach out to potential candidates in multiple languages," said Robert Neveu, executive vice president of First Advantage's Hiring Management Systems group. "Our HMS software speeds the recruiting process for companies like Venetian Macau Ltd., which need to hire a high volume of employees in a short period of time. We're excited to be working with Venetian Macau Ltd. as they launch Macao's first luxury integrated resort." Available as a hosted ASP offering or as a client-hosted licensed solution, First Advantage HMS supports all aspects of the hiring process, manages both hourly and salaried hiring, and is based on the most flexible technology available. First Advantage HMS solutions support talent management across an organization and around the globe, offering 13 standard language translations and complete localization of the data scheme. First Advantage HMS is tailored to a company's particular recruiting process, including seamless HRMS integration, complementary service offerings and advanced workflow support. Its comprehensive, integrated hiring solution includes a Monster Premier ATS Alliance Membership, background checking, behavioral assessments, tax screening and a variety of other client specific service collaborations. First Advantage HMS has been consistently ranked as a leading applicant tracking solution by independent sources, including Gartner, AMR, Workforce Management and ERExchange. The HMS service is part of a comprehensive hiring solutions platform offered by First Advantage's Employer Services segment. The platform also includes domestic and international recruiting services, skills and behavioral assessments, background verifications, occupational health services, tax credits screening and more. About Venetian Macau Limited Venetian Macau Limited, a subsidiary of Las Vegas Sands Corp., operates the Sands Macao, located near Macao's existing casino and entertainment district and across from the Macao Hong Kong Ferry Terminal. The one-million-square-foot Sands Macao features a gaming area that includes 438 table games and more than 921 state-of-the-art electronic gaming devices. The complex also includes 51 luxurious suites, full service spa and salon, and a 24-hour teahouse. The company also is developing additional casino hotel resort properties in Macao, including The Venetian Macao-Resort-Hotel on the Cotai Strip(TM) - Asia's Las Vegas(TM). About First Advantage Corporation First Advantage Corporation (Nasdaq: FADV) combines industry expertise with information to create products and services that organizations worldwide use to make smarter business decisions. First Advantage is a leading provider of consumer credit information in the mortgage, automotive and subprime markets; business credit information in the transportation industry; lead generation services; motor vehicle record reports; supply chain security consulting; employment background verifications; occupational health services; applicant tracking systems; recruiting solutions; skills and behavioral assessments; business tax consulting services; insurance fraud, corporate and litigation investigations; surveillance; computer forensics; electronic discovery; data recovery; due diligence reporting; resident screening; property management software; renters insurance and consumer location services. First Advantage ranks among the top three companies in all of its major business lines. First Advantage is headquartered in St. Petersburg, Fla., and has more than 3,800 employees in offices throughout the United States and abroad. More information about First Advantage can be found at http://www.FADV.com . First Advantage is a majority-owned subsidiary of The First American Corporation (NYSE: FAF), a FORTUNE 500(R) company that traces its history to 1889. First American is America's largest provider of business information, supplying businesses and consumers with valuable information products to support the major economic events of people's lives. Additional information about the First American Family of Companies can be found at http://www.firstam.com . For more information, please contact: Amy Beaulieu, Marketing Manager - HMS, First Advantage Corporation Tel: +1-207-774-1411 x317 Email: abeaulieu@FADV.com Renee Svec, Director, Corporate Marketing & Communications, First Advantage Corporation Tel: +1-727-214-3440 Email: rsvec@FADV.com SOURCE First Advantage Corporation
2007'02.01.Thu
Cendant Appoints Leading Technology Industry Executive Jeff Clarke as CEO and President of its Travel Distribution Services Division

April 18, 2006

New Name for Company's Travel Distribution Services Division Will be Travelport
NEW YORK, April 18 /Xinhua-PRNewswire/ -- Cendant Corporation (NYSE: CD) today announced that leading technology executive, Jeff Clarke, has been appointed CEO and president of its Travel Distribution Services (TDS) Division, effective May 1, 2006. Mr. Clarke joins TDS from CA, formerly Computer Associates Inc., where he had served as the software company's chief operating officer since 2004. The naming of Mr. Clarke as CEO and president further strengthens the TDS management team, and completes the division's senior leadership. Gordon Bethune became Chairman of the division last month. "Jeff Clarke has been a rising star in the technology sector for many years and I am delighted that he has agreed to accept the position as CEO and president," Cendant's Chairman and CEO, Henry R. Silverman, said. "Jeff's strong management and operational skills played an integral role in the successful revitalization of CA. As head of global operations at Hewlett-Packard following its merger with Compaq Computer Corporation, he helped to facilitate one of the largest and most successful merger integrations within the technology sector. Jeff's unique experiences make him a seasoned executive who is well prepared to continue to strengthen TDS's position as one of the world's leading travel distribution services businesses." "As we noted in December 2005, we have moved from the acquisition phase to the execution phase of TDS's development, and Jeff is an ideal choice to lead that effort. His experiences at CA and HP will be extremely helpful in driving revenue and profit growth from our global, leading portfolio of brands and businesses. Together with Gordon Bethune's extensive background in travel, our world-class management team is now complete." Mr. Clarke began his career at Digital Equipment Corporation in 1985, holding several financial, operational and international positions before joining Compaq in 1998. He was Compaq's Chief Financial Officer and Senior Vice President of Finance and Administration before being asked to lead the integration with HP. Clarke joined CA in 2004, and in his role of Chief Operating Officer, he was responsible for sales, services, corporate strategy, business development, finance and information technology for the $3.5 billion company. "I am thrilled to have the opportunity to lead a company with such a strong management team and a remarkable portfolio of assets," Mr. Clarke said. "TDS, with its leading brands such as Orbitz, Galileo and GTA (Gullivers Travel Associates), is ideally positioned to experience considerable growth in the months and years ahead and I am excited about being part of its success." Mr. Bethune joined TDS in March after a career spent in the airline industry, including his role as Chief Executive Officer of Continental Airlines, where he was credited with turning around the struggling carrier. Between 1979 and 1988, Mr. Bethune held executive positions at several other major airlines including Braniff, Western and Piedmont, along with serving as a vice president and general manager at Boeing Corporation. TDS to be Named as Travelport, Inc. The Company also announced that TDS, comprised of widely recognized travel industry brands such as Orbitz, Galileo and GTA (Gullivers Travel Associates), has been re-named Travelport, Inc. "Taking on the Travelport name offers us the opportunity to create a strong and unifying brand identity for the distinct travel businesses that comprise our company. It also allows us the opportunity to leverage the brand equity that already exists in the Travelport name and identifies our company as the destination for travel bookings," Mr. Bethune said. "Travelport will continue to focus on transforming the travel experience by improving operating systems and employing a more customer-focused approach." The division will continue to be referred to as TDS until such time as the logo and complete brand identity have been announced, which is expected to be in the early summer. Travelport will be headquartered in New Jersey and is one of the most geographically diverse and vertically integrated travel distribution companies in the world, with over 8,000 employees operating in more than 130 countries. About Cendant Corporation Cendant Corporation is primarily a provider of travel and residential real estate services. With approximately 85,000 employees, New York City-based Cendant provides these services to businesses and consumers in over 100 countries. More information about Cendant, its companies, brands and current SEC filings may be obtained by visiting the Company's Web site at http://www.cendant.com . About TDS Cendant Corporation's (NYSE: CD) Travel Distribution Services division is one of the world's largest and most geographically diverse collections of travel brands and distribution businesses. The division, employing approximately 8,000 people and operating in nearly 130 countries, includes: leading GDS (global distribution system) Galileo, serving more than 50,000 travel agencies and over 60,000 hotels; GTA (Gullivers Travel Associates), a leading wholesaler and global online provider of hotels, destination services, travel packages and group tours; and leading online travel agencies including Orbitz(R). Forward Looking Statements Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans," "may increase," "may fluctuate" and similar expressions or future or conditional verbs such as "will," "should," "would," "may" and "could" are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements. The Company cannot provide any assurances that the separation or any of the proposed transactions related thereto (including a possible sale of Travelport) will be completed, nor can it give assurances as to the terms on which such transactions will be consummated. These transactions are subject to certain conditions precedent, including final approval by the Board of Directors of Cendant. Various risks that could cause future results to differ from those expressed by the forward-looking statements included in this press release include, but are not limited to: risks inherent in the contemplated separation and related transactions (including a possible sale of Travelport), including risks related to borrowings and costs related to the proposed transactions; increased demands on Cendant's management teams as a result of the proposed transactions; changes in business, political and economic conditions in the U.S. and in other countries in which Cendant and its companies currently do business; changes in governmental regulations and policies and actions of regulatory bodies; changes in operating performance; and access to capital markets and changes in credit ratings, including those that may result from the proposed transactions. Other unknown or unpredictable factors also could have material adverse effects on Cendant's and its companies' performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Important assumptions and other important factors that could cause actual results to differ materially from those in the forward looking statements are specified in Cendant's 10-K for the year ended December 31, 2005, including under headings such as "Forward-Looking Statements," "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations." Except for the Company's ongoing obligations to disclose material information under the federal securities laws, the Company undertakes no obligation to release any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless required by law. For more information, please contact: Media Elliot Bloom Tel: +1-212-413-1832 Elizabeth Harraway Tel: +1-973-496-8373 Investors Sam Levenson Tel: +1-212-413-1834 Henry A. Diamond Tel: +1-212-413-1920 SOURCE Cendant Corporation
2007'02.01.Thu
Digital Rapids Chosen by Starwin Media Holdings as Media Content Processing Technology Partner

April 18, 2006

MARKHAM, Ontario, April 18 /Xinhua-PRNewswire/ -- Digital Rapids Corporation is pleased to have been chosen to provide media content processing technology to Starwin Media Holdings Inc. (OTC: SWMD), a U.S.-based satellite and IPTV service for the ethnic media market worldwide. Digital Rapids and Starwin have entered into a partnership agreement under which Digital Rapids will provide hardware and software solutions to support future deployment of media content via satellite and IPTV platforms. The companies are also partnering for product development in support of satellite and IPTV set-top-box distribution, and for marketing of their collaborative efforts. Starwin has recently acquired Strategic Media International (SMI). The acquisition allows Starwin to step directly into the China media sector through an ownership stake in SMI subsidiary Stellar Mega Media, the largest private media corporation in mainland China. Starwin and Digital Rapids will work together to leverage existing brand equity and global market presence to address new opportunities and broaden penetration in the Asia Pacific and worldwide markets. Planned elements of the Starwin & Digital Rapids partnership include: * Participation in the building of a super head-end, master control studio center in the U.S. and mainland China to produce, process (ingest and encode) and distribute content programming from Asia Pacific countries to the ethnic media market globally. * Conversion (ingest, encoding and transcoding) of the intended 300 (plus) aggregated channels to be ready for distribution on IPTV and satellite platforms. * On-going research & development to produce new technology products that meet the requirements of the media entertainment and broadcast industry. For more information on Digital Rapids products, please visit http://www.digital-rapids.com . About Starwin Media Holdings Inc. - Starwin Media Holdings Inc., a Nevada corporation in the United States, is the first U.S. media group aiming to cover both U.S. and China with programs including: financial, education, movies, drama, entertainment, documentary, variety shows, sports, food and travel. Starwin's television broadcasting network is actively planning to deploy a worldwide media network via satellite & IPTV platforms to bring different cultures in the world together. For more information, visit http://www.starwinmedia.com and http://www.smicorp.com.hk . About Digital Rapids Corporation Digital Rapids is a leading developer of professional hardware and software solutions for real-time video ingest, playout, transcoding, and streaming. Product lines include Stream video ingest and transcoding solutions, Copper for the secure and error corrected distribution of digital media over diverse networks, StreamZHD and CarbonHD, an HD product line for real-time HD acquisition, playout, and transcoding. Digital Rapids products integrate seamlessly into existing post production, broadcast, and corporate environments, dramatically increasing the volume and quality of media produced while increasing productivity and lowering overall costs. Digital Rapids Corporation ( http://www.digital-rapids.com ) is headquartered in Ontario, Canada and has sales offices in California, the UK and Australia. Digital Rapids, the Digital Rapids logo, StreamZ, StreamZHD, CarbonHD, Copper and DRC-Stream are trademarks or registered trademarks of Digital Rapids Corporation. All other trademarks are the property of their respective holders. Features, pricing, availability and specifications are subject to change without notice. For more information, please contact: Mike Nann, Marketing Manager, Digital Rapids Corp. Tel: +1-905-946-9666 ext.135 Email: mike.nann@digital-rapids.com IR Department, Starwin Media Holdings Tel: +1-213-627-1280 Email: ir@starwinmedia.com SOURCE Digital Rapids Corporation
2007'02.01.Thu
Calyon Financial Offers Access to Taiwan Futures Exchange

April 18, 2006

First Foreign Broker to Provide Clients Access Via Omnibus Account
CHICAGO, April 18 /Xinhua-PRNewswire/ -- Calyon Financial now offers access to the Taiwan Futures Exchange (TAIFEX), becoming the first foreign-owned broker to establish an omnibus account with the Exchange. The TAIFEX, one of the world's fastest growing exchanges, recently introduced omnibus accounts which provide for efficient cross-border trading and investing. Calyon Financial's omnibus account allows the firm's clients to trade TAIFEX products without disclosing their identity or trading strategies to the marketplace. The TAIFEX, which ranked No. 18 in futures and options contracts traded and increased volume by 57% during 2005, also recently changed its restriction on foreign investors, allowing trading for non-hedging purposes. "We're pleased to offer our global customers access to the TAIFEX," said Richard Ferina, Chairman and CEO of Calyon Financial. "We are encouraged by the changes the exchange has made and see significant opportunities for continued growth." Calyon Financial's clearing broker on the TAIFEX is SinoPac Futures Inc. Calyon Financial offers access to nearly 70 global markets and is among the world's top brokers in customer volumes and assets on deposit. The firm, which is headquartered in Chicago, has offices in 13 major financial centers, including Asian offices in Tokyo, Singapore, Seoul and Hong Kong. About Calyon Financial Calyon Financial ( http://www.calyonfinancial.com ) is a leading global brokerage firm dedicated to providing institutional clients efficient access to all major markets. The firm ranks among the top futures commission merchants in the world in customer trading volumes and assets on deposit. Headquartered in Chicago, Calyon Financial has a presence in 13 major global financial centers. Calyon Financial is a wholly owned subsidiary of Calyon Corporate and Investment Bank ( http://www.calyon.com ), the corporate banking arm of Credit Agricole. Calyon is a major player in financial markets and among Europe's leading corporate and investment banks. Credit Agricole and Calyon each hold AA credit ratings. For more information, please contact: Barry Neumann, Calyon Financial Tel: +1-312-441-4564 SOURCE Calyon Financial
2007'02.01.Thu
Crossbeam Systems and Digital China Form Partnership to Bring Unified Threat Management to Rapidly Growing Chinese Market

April 18, 2006

CONCORD, Mass., April 18 /Xinhua-PRNewswire/ -- Crossbeam Systems(R), Inc., the leader in unified threat management (UTM) for the world's largest networks, today announced a distributor agreement with Digital China Limited, China's largest IT products distributor and systems integrator. Under the terms of the agreement, Crossbeam is Digital China's UTM vendor. "As security threats continuously evolve, enterprise organizations look to Digital China to provide next generation security solutions," said Ding Zhe, general manager, Network Value Added Business Unit, Enterprise Product System Dept of Digital China. "Our partnership with Crossbeam enables us to offer customers the world's only best-of-breed UTM offering, providing a flexible solution that meets their specific security needs." According to IDC, a leading IT market research firm, the compound annual growth rate of the Chinese IT security market is 20.9 percent from 2006 to 2010, (1) providing Crossbeam with a tremendous opportunity to further introduce best-of-breed UTM into this rapidly growing region. "Being selected by Digital China further validates the increased global demand for UTM and Crossbeam's position as the industry leader," said Tim Lee, vice president of Asia Pacific for Crossbeam Systems. "Crossbeam recognizes China as one of its most strategic markets and is committed to bringing flexible UTM solutions to both enterprise and telecom organizations." Crossbeam Systems provides high performance, high availability security switches that run multiple applications from a "who's who" list of leading security vendors such as Check Point, Sourcefire, Trend Micro, Forum, Imperva and Websense on a single platform. Scaling capabilities drive consolidation by a factor of 20 devices down to one. About Crossbeam Systems Crossbeam Systems secures the world's largest networks with its pioneering best-of-breed Unified Threat Management (UTM) solutions. The company has tailored security solutions for global corporations, carrier networks and small to medium-sized enterprises. Founded in early 2000 and led by senior executives from Bay Networks, Cisco, Nortel/Wellfleet and Alcatel, Crossbeam is headquartered in Concord, Massachusetts, USA, and has offices in Europe and Asia Pacific. The company is backed by top-tier investors, including Focus Ventures, Tudor Ventures, Matrix Partners, North Bridge Venture Partners, Commonwealth Capital Venture Partners, Intel Capital and Charles River Ventures. More information is available at http://www.crossbeamsystems.com . Crossbeam Systems and Crossbeam are registered trademarks of Crossbeam Systems, Inc. All other company, product or service names not owned by Crossbeam mentioned in this press release are the property of their respective owners. (1) IDC China Semiannual IT Security Market Analysis, March 2006 For more information, please contact: Throop Wilder, Crossbeam Systems Tel: +1-978-318-7524 Email: throop@crossbeamsystems.com Web: http://www.crossbeamsystems.com Brian Greehan, Davies Murphy Group Tel: +1-781-418-2414 Email: bgreehan@daviesmurphy.com Web: http://www.daviesmurphy.com SOURCE Crossbeam Systems, Inc.
2007'02.01.Thu
Frontier Silicon and Factum Electronics Form Strategic Alliance to Supply Complete Broadcast Solutions From Transmitter to Receiver for Mobile TV and Radio

April 18, 2006

BEIJING, April 18 /Xinhua-PRNewswire/ -- Frontier Silicon, the market leader in semiconductor solutions for mobile TV and digital radio, and Factum Electronics, the world's leading supplier of head-end solutions for DAB and T-DMB, have today announced a strategic alliance to supply broadcasters with complete broadcast solutions for mobile TV and digital radio. The alliance is being announced at the Beijing DAB Digital Broadcasting event (April 20-21), as China rapidly moves forward to roll out mobile TV services in 2006. The two companies are leaders in digital broadcast technology in their respective fields: Factum Electronics in head-end infrastructure and Frontier Silicon in receiver modules. The complete solutions jointly offered will allow broadcasters to benefit from and adopt new T-DMB/DAB features quickly and yield complete, well-tested and flexible solutions featuring a higher level of quality and stability. "We recognize Factum Electronics as a key player in delivering DAB and T-DMB solutions to the broadcast industry, demonstrated by its strong position in providing infrastructure to the Korean T-DMB market," comments Anthony Sethill, CEO Frontier Silicon. "Our decision to team up with Factum will deliver significant benefits to all parts of the T-DMB/DAB value chain." "Frontier Silicon is the leading supplier of T-DMB/DAB receiver modules and ICs," states Kenneth Lundgren, managing director of Factum Electronics. "By combining efforts, we will effectively supply broadcasters world-wide with state-of-the-art digital broadcasting systems," concludes Kenneth Lundgren. Editor's notes: About Factum Electronics Factum Electronics AB is the world leading supplier of head-end solutions for DAB and T-DMB. The Factum head-end solution is recognized for flexibility and reliability, and used by professional broadcasters all over the world. The company develops and delivers products for audio, video and data signal processing, encoding and multiplexing. Factum's systems fully support DAB, T-DMB and DAB-IP including Chinese characters, CA, EPM, redundancy, etc. Factum Electronics also offers middleware, software modules for receiver chip manufacturers. The products include base-band decoding of EPG, MOT etc. Factum also offers test and measurement equipment. Factum specializes in professional products for DAB, T-DMB and NICAM. Key customers among others are BBC, KBS, Radio Beijing Corporation (RBC), Samsung Electronics, KBS, T-Systems, etc. All T-DMB applications on air in South Korea use the Factum solution. Factum Electronics is located in Sweden and is a subsidiary of Effnet Holding AB (publ) traded on the New Market of the Stockholm Stock Exchange, under the ticker (EFFN). About Frontier Silicon Frontier Silicon is the leading supplier of digital and RF integrated circuits and modules for mobile TV and DAB digital radio products. Frontier is supplying solutions for leading products such as the Samsung B2300 and SGH-P900 T-DMB mobile phones and has over 70 percent market share for DAB receiver solutions. Frontier Silicon's products include solutions for DAB digital radio, T-DMB and DAB-IP and a multi-standard receiver solution for mobile TV reception combining DVB-H, T-DMB and DAB-IP. Customers include Bang & Olufsen, Denon, Grundig, JVC, Philips, PURE Digital, Roberts Radio, Samsung, Sharp, Sony and TEAC. Frontier Silicon has operations in UK, Ireland, China, South Korea and Japan. For more information, please contact: Steve Evans VP sales and marketing, of Frontier Silicon Tel: +44-192-347-4200 Email: steve.evans@frontier-silicon.com Kenneth Lundgren Managing director, of Factum Electronics Tel: +46-13-36-86-07 Mobile: +46-703-69-00-29 Email: kenneth.lundgren@factum.se SOURCE Frontier Silicon; Factum Electronics
2007'02.01.Thu
Meet Beyondsoft at LISA Forum Asia

April 18, 2006

BEIJING, April 18 /Xinhua-PRNewswire/ -- Beyondsoft Co., Ltd., a leading provider of end-to-end software engineering services will attend and exhibit at LISA Forum Asia 2006 in Shanghai from April 18 to 21. LISA, the largest localization industry association in the world, organizes annual events for companies and professionals. LISA Forum Asia 2006 is a place to meet and discuss the business knowledge and technical skills necessary to succeed in China's globalization, internationalization, localization and translation marketplace. Beyondsoft, a corporate member of LISA and annual participant to this event, will meet with representatives from leading IT companies, financial groups and globalization services providers to exchange information and insights on the newest industry trends and to share our localization and globalization capabilities. About Beyondsoft Established in 1995, Beyondsoft Co., Ltd. is a leading China based provider of end-to-end software engineering services, ranging from software development, QA/Testing, and localization, to China market entry. Headquartered in Beijing, Beyondsoft has domestic branches in Shanghai & Wuhan, as well as overseas offices in Silicon Valley, Seattle, Fort Collins in the United States, and Tokyo, Japan. Beyondsoft is recognized as one of the top 3 US & Europe oriented outsourcing companies in China by IDC (Feb06). For more information, please visit http://www.beyondsoft.com . SOURCE Beyondsoft
2007'02.01.Thu
CIMG Environment Workshop Held

April 17, 2006

BEIJING, April 17 /Xinhua-PRNewswire/ -- The CIMG (China International Mining Group) is pleased to report the successful completion of its Environment Workshop held in Beijing on April 14. The seminar was attended by 60 participants from the international mining industry and their Chinese government and private sector counterparts. The focus of the seminar were issues and approaches used by the international mining community and how it would use its experience to realize its commitment to implement sustainable mining practices in China. The seminar including participants from the State Environmental Protection Agency (SEPA), the Ministry of Land Administration and Resources (MOLAR), the China Mining Association and speakers from a number of local and international advisory firms. Speakers from the SEPA and MOLAR detailed government policies and laws as they are applied to the environment and mining in China. The importance of these policies is to implement sustainable practices and develop harmonious society were stressed by many of the speakers. The workshop was supported by Mundoro Mining, which is a Canadian mining company with a gold project in China. It was also supported by the Canada-China Business Council and the China-Australian Chamber of Commerce in Beijing. The CIMG also outlined its member's commitment to sustainable mining. CIMG Deputy Chairman, Auslan Ishmael explained, "CIMG's resource companies and their technical advisers are committed to design, construct and operate their projects in a manner that is environmentally friendly and economically viable. In the past these two approaches were perceived as being opposite. The current thinking of the industry that the proper balance of these two needs is a better long term approach and also not restrictive of economic performance." Pat Powers, the Vice President of Mundoro stated: "It is important to work worldwide and naturally in China starting at the exploration stage by adhering to the guidelines "E3" promulgated by PDAC and then later at a planning and design stage plans to operate a mine based on the Equator principals of sustainable mining. These guidelines also highlight a commitment to understand and adhere to the national laws of the country where a company is committed to invest in a resource project." He also explained that public companies are also governed by the laws of their country of origin and are required by shareholders and financial markets to apply the strictest standards of governance to environmental issues." About the CIMG The China International Mining Group (CIMG) is a forum for International mining and service companies plus individuals with interests in creating sustainable business opportunities in China's mining industry. The CIMG aims to promote sustainable investment and best business practice in the mining sector through sharing non-competitive information and addressing issues of common concern to potential mining investors in China by providing channels for dialogue with the relevant authorities. The CIMG is an official industry-working group of the China-Australia Chamber of Commerce in Beijing (AustCham Beijing). The CIMG is supported by the Australian Embassy in Beijing, British Chamber of Commerce in Beijing, Canadian Embassy in Beijing, the CCBC and South African Business Council. For further information please contact: Auslan Ishmael - CIMG Deputy Chairman Tel: +86-10-6595-9252 Mobile: +86-1352-044-0703 CIMG Secretariat Executive Floor, Office Tower, Beijing Hong Kong Macau Center, 2 Chaoyangmenbei Dajie, Beijing 100027 Tel: +86-10-6595-9252 Fax: +86-10-6595-9253 Email: mining@austcham.org Web: http://www.cimg.org.cn SOURCE China International Mining Group
2007'02.01.Thu
KKR to Acquire Flextronics' Software Development and Solutions Business

April 17, 2006

Acquisition is KKR's First Investment in India
MENLO PARK and PALO ALTO, Calif., April 17 /Xinhua-PRNewswire/ -- Kohlberg Kravis Roberts & Co. ("KKR") today announced that an affiliate of KKR has signed a definitive agreement to acquire the software development and solutions business ("the software business") of Flextronics International Ltd. (Nasdaq: FLEX) in a transaction valued at approximately $900 million. Flextronics will retain a 15% equity stake in the software business and continue as an important business partner and customer. The software business is headquartered in Palo Alto, California, with operations located predominantly in India under the banner of Flextronics Software Systems ("FSS"). The business is unique in its ability to deliver communications solutions that stretch from the network infrastructure to end user devices. As a key research and development partner to top tier communications companies worldwide, the business has developed a sophisticated global delivery model. Comprised of a software solutions group and a strategic design consulting group, the business is experiencing rapid growth and has approximately 6,100 employees worldwide. In addition to operations in the United States and India, it has a significant presence in Eastern Europe. Following completion of the transaction, CEO Ash Bhardwaj, FSS President Arun Kumar, and the existing management team will continue to lead the software business. It will operate under a new name, which has yet to be selected. The acquisition is KKR's first investment in India and second investment in Asia, following its 2005 investment in Avago Technologies, the former Semiconductor Products Group of Agilent Technologies. It is also believed to be the largest leveraged buyout and technology investment in India to date. Adam H. Clammer, a Member of KKR, said, "Our investment in Flextronics' software development and solutions business is an outstanding opportunity to create value in a high-growth sector. Led by a world-class management team, the software business has an unmatched record of success in the delivery of communications technology. We believe the business is well positioned to build on the strong foundation it has developed in its markets." James H. Greene, Jr., a Member of KKR, added, "This transaction demonstrates the strength of the global investment approach KKR has developed in recent years. In executing this transaction, we leveraged the resources of our worldwide franchise. KKR is excited about the software development and solutions business and the expansive market it addresses." Ash Bhardwaj, CEO of the software business, said, "This transaction is a positive development for our customers, employees and stakeholders. KKR is the world's premier private equity investment firm, and its interest in our business validates what we have accomplished and our significant potential. As a standalone business, we will be better positioned to further develop our service and product offerings, and expand our customer relationships. We look forward to collaborating with KKR and to our continued relationship with our colleagues at Flextronics." KKR will finance the acquisition with fully underwritten debt facilities. Citigroup Global Markets (Asia) and Merrill Lynch are acting as Joint Bookrunners and Joint Lead Arrangers for the acquisition financing. Completion of the transaction, which is expected in the summer of 2006, is subject to regulatory approvals and customary closing conditions. Citigroup Global Markets and Morgan Stanley acted as the exclusive financial advisors to KKR on the transaction and Simpson Thacher & Bartlett LLP served as legal counsel. About KKR: KKR is one of the world's oldest and most experienced private equity firms specializing in management buyouts, with offices in New York, Menlo Park, California, London, Paris, Hong Kong and Tokyo. Over the past year, KKR has committed more than $1 billion to technology businesses, including SunGard Data Systems and Avago Technologies, which are considered the two largest private equity technology investments in history, with transaction prices of $11.8 billion and $2.8 billion, respectively. Past KKR technology industry investments include: Amphenol, RELTEC, Wincor Nixdorf, Tenovis and Zhone Technologies. Over the past thirty years, KKR has invested in more than 140 transactions with a total value of US$193 billion. For more information, please visit http://www.kkr.com . About Flextronics' Software Development and Solutions Business: Flextronics' software development and solutions business is the leading provider of high impact, innovative software solutions to the global communications industry. Customers for its full spectrum offering of software services, software products, and strategic design consulting are the world's leading communications companies. The software business has the unprecedented ability to deliver complete software solutions that stretch from network infrastructure to end user devices. In addition to its operations in India and the United States, the business has locations in China, Germany, Italy, South Africa and Ukraine. For more information, please contact: In the US: Mark Semer or Molly Morse Kekst and Company Tel: +1-212-521-4802 or +1-212-521-4826 In Asia: Richard Barton Gavin Anderson & Company Tel: +852-2218-9988 or +852-9308-1056 In Europe: Simon Moyse or Zoe Watt Finsbury Tel: +44-7810-505-473 or +44-7713-157-561 For Flextronics' Software Development and Solutions Business: In the Americas and Europe: Jashojit "Jojo" Roy Tel: +1-650-391-1605 In Asia: Gauri Arora Tel: +91-124-234-6666 x2865 SOURCE KKR
2007'02.01.Thu
McGraw-Hill Construction and China International Contractors Association 2006 Global Construction Summit Highlights Innovation and Opportunities for Global Design and Building Leaders, April 25-27 in Beijing

April 14, 2006

NEW YORK, April 14 /Xinhua-PRNewswire/ -- The world's leaders in design and construction will meet in Beijing on April 25-27 to discuss global construction trends and opportunities at the 2006 Global Construction Summit, organized by McGraw-Hill Construction and the China International Contractors Association. The 2006 Summit, "Innovating for Excellence: Opportunities for Global Players", draws senior executives from leading real estate developers, contractors, design firms, financiers, and government agencies around the world. They will share best practices and brainstorm solutions to problems in the increasingly global $4.2-trillion construction marketplace. The Summit will address topics such as Innovative Project Financing, Sustainability/Green Building in China, Needs of Global Owners, and Managing Investment Risks in Global Mega Projects. In addition, participants will attend two special ceremonies: -- The Inaugural Business Week/Architectural Record "Good Design is Good Business" China Awards Luncheon -- The ENR Top International Firms Awards Dinner "We look forward to meeting with the world's leading contractors, design firms, developers, financiers and building product manufacturers in Beijing to discuss global issues facing this great industry," said Norbert W. Young, Jr. FAIA, president, McGraw-Hill Construction. Keynote speakers confirmed for the 2006 Global Construction Summit include: -- Thomas J. O'Neil, Chairman and CEO, Parsons Brinckerhoff -- Gregory Hodkinson, Chairman, ARUP Americas -- Zhang Tao, Deputy Director General, Research Department, People's Bank of China (PBOC) The panel discussions will feature prominent speakers from GE, Intel, P & G, Saudi Aramco, Eastman Chemical, SOHO China, China Import & Export Bank, Standard & Poor's, Bechtel, Bovis Lend Lease, Halcrow, Hill & Associates, EDAW, OMA, SOM, Armstrong, Johnson Controls, China Machinery Group, China State Construction Engineering Corp., Sinohydro, China Railway Engineering Corp., JMJ, China Export & Credit Insurance Co., Thelen Reid & Priest, and Tsinghua University. In addition, participants will hear from senior representatives of the Chinese government, including Ministry of Construction, Ministry of Commerce, Beijing Municipality /Beijing Organizing Committee for the Games of XXIX Olympiad, and West Regional Development Office of the State Council. For more information about the event, please visit http://www.construction.com/event/BeijingSummit/, or call +212-904-4634. The 2006 Global Construction Summit is supported by: -- Associated General Contractors of America -- American Society of Civil Engineers -- American Society of Landscape Architects -- China Association of International Engineering Consultants -- China Building Material Industry Association -- China Survey and Design Industry Association -- Construction Industry Institute -- Construction Users Roundtable -- New York Building Congress -- Royal Architectural Institute of Canada -- Tongji University School of Architecture and Urban Planning -- Tsinghua University School of Architecture -- U.S. Green Building Council The event is sponsored in partnership with Bentley. Gold level sponsors include by Assa Abloy, CENTRIA, China State Construction Engineering Corporation, Dow Corning, Emerson, Parsons Brinckerhoff, PPG Industries, Sloan, Pinsent Masons, and Thelen Reid & Priest LLP. Silver sponsors include China Civil Engineering Construction Corporation, CGC Overseas Construction Co., China Road & Bridge Corporation, China Henan International cooperation Group Co., China Harbor Engineering Company Ltd., China Metallurgical Construction Group Corp., China National Chemical Engineering Group Corporation, China National Machinery & Equipment Import & Export Corporation, China Petroleum Engineering & Construction (Group) Corporation, China Railway Engineering Corporation, China Shanghai (Group) Corporation for Foreign Economic & Technological Cooperation, Halcrow Group, Navigant Consulting, Project Management Institute, Shanghai Construction Group, Shenyang Yuanda Enterprise Group, SINOMACH, Washington Group International, and EMSI. About McGraw-Hill Construction McGraw-Hill Construction, part of The McGraw-Hill Companies (NYSE: MHP), connects people, projects and products across the design and construction industry. From project and product information to industry news, trends and forecasts, the Company provides industry players the tools, resources and applications that help them save time, money, and energy, especially through the new McGraw-Hill Construction Network(R). Backed by the power of Engineering News-Record (ENR), Dodge, Sweets, Architectural Record, and 10 regional publications, McGraw-Hill Construction serves more than one million customers within the $4.6 trillion global construction community. For more information, visit http://www.construction.com . About China International Contractors Association (CHINCA) CHINCA is a contractor trade organization that acts as a link between the Chinese government and CHINCA's members who operate in over 180 countries and regions. Since 1988, it has been engaged in promoting China's international economic and technological co-operation, including international project contracting and labor services. For more information, see http://www.chinca.org . About The McGraw-Hill Companies Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 290 offices in 38 countries. Sales in 2005 were $6.0 billion. Additional information is available at http://www.mcgraw-hill.com . For more information, please contact: Kathy Malangone McGraw-Hill Construction Tel: +1-212-904-4376 Email: kathy_malangone@mcgraw-hill.com; Rob Kulat Kulat Communications Tel: +1-732-219-5816 Email: Kucomm@hotmail.com SOURCE McGraw-Hill Construction
2007'02.01.Thu
MEDIA INVITATION: Zsoft Outsourcing Summit

April 14, 2006

Dear press representative, Welcome to the Zsoft Outsourcing Summit -- Baiyan Building, Beijing. Zsoft Outsourcing Summit offers a unique opportunity to explore China's essential role both as a global outsourcing resource and marketplace. It is the forum in China that creates direct access for global software outsourcing enterprises entering China. Previous conference has taken place in China last year. This year's edition, which will be held in Beijing on 18th April, leaders from China and American software enterprises will gather in Beijing to share insights and ideas that will help the industry for years to come and will lay the foundation for new ventures and the creation of rewarding relationships of rewarding partnerships. The organizer of Zsoft Outsourcing Summit is the Zhongguancun Software Association, Zsoft, which was established in 1995. As a non-profit association, it is open to international membership. In addition, it represents the software enterprises located at Zhongguancun Science Park for international cooperation and communication. Today, Zsoft bring a snapshot of China's most important event in software outsourcing. Time: 9:00 - 17:00 on 18th April 2006 Venue: 308, Baiyan Building, Beijing Agenda: Enclosed For press inquiries, please kindly reply: Ms. Ada (Lu Jun) Zhongguancun Software Association Tel: +86-10-8232-8001 Email: adalu@vip.sina.com AGENDA: Zsoft Outsourcing Summit Beijing, China 18th April 2006 Preliminary Agenda Monday, 17th April 2006 14:00 - 21:00 Registration for VIP Guests Tuesday, 18th April 2006 08:00 - 09:00 Registration 09:00 - 09:15 Opening Ceremony 09:15 - 09:30 Introduction of project (A) 09:30 - 09:45 Introduction of project (B) 09:45 - 10:00 Introduction of project (C) 10:00 - 10:15 Introduction of project (D) 10:15 - 10:30 Signing Ceremony with an American Partner 10:30 - 11:00 Tea Break 11:00 - 12:00 Executive Dialog (Chinese Enterprises, Europe-American Buyers, Science Parks, Associations and Government officials) 12:00 - 14:00 VIP Lunch 14:00 - 17:00 One on One Meetings Wednesday, 19th April 2006 10:00 - 12:00 Visit the enterprises 12:00 - 14:00 Lunch 14:00 - 16:00 Visit the enterprises Thursday, 20th April 2006 10:00 - 12:00 Visit the enterprises 12:00 - 14:00 Lunch 14:00 - 16:00 Visit the enterprises This press release is distributed by Xinhua PR Newswire on behalf of the above-mentioned organization. For inquiries regarding Xinhua PR Newswire's distribution service, please contact: Tel: +86-10-5864-5286 +86-10-5864-5296 Email: tomedia@xprn.com SOURCE Zsoft
2007'02.01.Thu
QNX Introduces Support for DaVinci(TM) Technology from Texas Instruments

April 14, 2006

HOUSTON and OTTAWA, Canada, April 14 /Xinhua-PRNewswire/ -- Texas Instruments Incorporated (TI) (NYSE: TXN) and QNX Software Systems today announced their collaboration to enhance the development of digital audio and video applications for the embedded market, including QNX's support for TI's DaVinci(TM) technology. The combination of TI's technology and the realtime performance and reliability of the QNX(R) Neutrino(R) RTOS will enhance the development and integration of digital audio and video for embedded products in a variety of markets, including automotive infotainment, consumer electronics, in-flight entertainment, industrial automation, and medical technology. TI's DaVinci technology is the industry's first platform to enable digital audio, video and multimedia innovation without requiring extensive codec expertise. DaVinci technology-based products save developers time and money by allowing them to build upon existing, production-tested software components optimized for digital audio, video and multimedia. To maximize the performance of media-rich applications running on DaVinci technology-based TMS320DM644x processors, QNX will support an interface layer between the ARM and the DSP cores, based on TI's DSP/BIOS(TM) LINK technology. QNX's multimedia solutions leverage the power of the DSP and automatically pass along this performance benefit to higher-level multimedia applications. By offloading complex media processing to the DSP, this approach frees up the ARM core to perform other functions, giving designers greater design flexibility and allowing them to build more value-added features into their DaVinci-based products. The QNX design also promotes maximum reliability. If an application fails on the ARM core, the QNX Neutrino RTOS will automatically contain the problem and the application can be automatically restarted, without affecting other software. This brings automotive-grade reliability to consumer-class devices. "As video is increasingly added to fault-tolerant systems, including medical devices, space stations, automobiles, traffic and flight control, customers require a simplified digital video solution combined with a reliable operating system. Together, TI's DaVinci technology and the QNX Neutrino RTOS provide the performance, reliability, and scalability that is exactly what these markets need," said Huy Pham, system-on-chip platform marketing, TI. "QNX offers the only fault-tolerant microkernel RTOS for the embedded industry's most rugged computing platforms, from the International Space Station to the automobile," said Andrew Poliak, automotive segment manager, QNX Software Systems. "We are always looking for opportunities to support hardware innovation that can speed the emergence of new markets and technologies in the embedded world, and we are proud to work together with TI to accelerate the delivery of cutting-edge digital video and multimedia applications." As part of this collaborative relationship, QNX will release a board support package (BSP) designed to accelerate development of embedded video applications based on the DM644x. The BSP will be available in Q3 2006. About Texas Instruments Texas Instruments Incorporated provides innovative DSP and analog technologies to meet our customers' real-world signal processing requirements. In addition to Semiconductors, the company's businesses include Sensors & Controls, and Educational & Productivity Solutions. TI is headquartered in Dallas, Texas, and has manufacturing, design, or sales operations in more than 25 countries. Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at http://www.ti.com . About QNX Software Systems QNX Software Systems, a Harman International company (NYSE: HAR), is the industry leader in realtime, embedded OS technology. The component-based architectures of the QNX(R) Neutrino(R) RTOS and QNX Momentics(R) development suite together provide the industry's most reliable and scalable framework for building innovative, high-performance embedded systems. Global leaders such as Cisco, DaimlerChrysler, General Electric, Lockheed Martin, and Siemens depend on QNX technology for network routers, medical instruments, vehicle telematics units, security and defense systems, industrial robotics, and other mission- or life-critical applications. Founded in 1980, QNX Software Systems is headquartered in Ottawa, Canada, and distributes products in over 100 countries worldwide. Visit http://www.qnx.com . TRADEMARKS DaVinci and DSP/BIOS are trademarks of Texas Instruments. QNX and Neutrino are trademarks of QNX Software Systems GmbH & Co. KG, registered in certain jurisdictions and are used under license. All other trademarks and trade names belong to their respective owners. For more information, please contact: Lisa Ferrara Texas Instruments Tel: +1-281-274-4213 Email: lferrara@ti.com Kellie Potucek GolinHarris Tel: +1-713-513-9576 Email: kpotucek@golinharris.com Jennifer Barlow Schwartz Communications Tel: +1-781-684-0770 Email: qnx@schwartz-pr.com Paul Leroux QNX Software Systems Tel: +1-613-591-0931 Email: paull@qnx.com SOURCE Texas Instruments Incorporated
2007'02.01.Thu
NEXTNATION Proposed Acquisition of a Subsidiary for Business Expansion in the People's Republic of China

April 14, 2006

KUALA LUMPUR, April 14 /Xinhua-PRNewswire/ -- Nextnation Communication Berhad ("Nextnation") had on 12 April 2006 entered into a Heads of Agreement with Beijing Himo Tech Co., Ltd, and Jumpstart Investments Limited to acquire Often Reach Investments Limited in respect of the company's investment in relation to the research, development and the provision of mobile communication, wireless technologies, wireless value added services, Internet and related software and business ancillary thereto ("Subject Activities") in the People's Republic of China (PRC). Nextnation and its subsidiaries has a 50% shareholding in the enlarged issued and paid-up ordinary share capital of Often Reach and the Board of Directors of Often Reach will comprise of four (4) representatives of Nextnation (or its affiliate) and three (3) representatives of Jumpstart, where Nextnation will control the board. Often Reach will establish a wholly-owned foreign entity ("WOFE") in the PRC to undertake the Subject Activities. The Board of Directors of WOFE will consist of four (4) representatives of Nextnation (or its affiliate) and three (3) representatives of Jumpstart, where Nextnation will control the board. Upon the establishment of WOFE, WOFE and Beijing Himo shall execute agreements which include Exclusive Business Cooperation and Operating Agreement in relation to research, development and provision of mobile platform, contents and applications; Exclusive Technical Consulting Service Agreement whereby WOFE will be the exclusive technical and consulting service provider in relation to network and web development, maintenance, research and development and consulting services on sales, marketing, customer services, human resources, corporate exercises, market research and public relations. WOFE shall be the sole owner of all the copyrights of the software developed by WOFE and/or jointly by WOFE and Beijing Himo. In consideration for the services provided by WOFE, Beijing Himo shall pay WOFE a fee of USD1,000,000 (equivalent to approximately RM3,700,000 based on the exchange rate of USD1.00 : RM3.70) per annum; and such other agreements to be agreed between WOFE and Beijing Himo to enable WOFE to have a substantial influence on Beijing Himo's daily operations and financial affairs. As of April 2006, Nextnation messaging platform covers 30 mobile operators worldwide across Asia, Europe and North American. South East Asian operators includes Singtel, MobileOne and StarHub in Singapore; Maxis, Celcom and DiGi in Malaysia; Telkomsel, IM3, Satelindo and Excelcom in Indonesia and AIS, DTAC in Thailand. Impact on Nextnation The acquisition will enable Nextnation to penetrate the fast-growing wireless value-added services market and the related industry in China, and this is in line with the Nextnation overseas market expansion strategies to diversify and grow its revenue base. The Board of Nextnation believes the Chinese market offers Nextnation significant expansion potential. Market for advanced entertainment content services is expected to be the largest growth segment, increasing from $291 million in 2005 to over $450 million and $650 million in 2006 and 2007 respectively. Recent estimates suggest that less than 25% of mobile handsets in China can access premium content. However, this is set to grow rapidly as such phones now account for the majority of handset sales in China. Nextnation be well placed to build upon its leading position in the market. "Beijing Himo is one of the most talented, technically-advanced and successful nationwide service provided (SP) in China. We are very pleased to have them on our team." said P.Y Tey, CEO of Nextnation. "China is the world's largest mobile telecommunications market with approximately 400 million mobile phone users. The number of users is expected to increase to 570 million in 2008. The revenue generated by wireless value added content providers is forecast to increase to $1.9 billion by 2008. As a global leader in wireless value added service provider, Nextnation is ideally positioned to capitalize upon this growth trend." About Nextnation Nextnation, a mobile application service provider, enables businesses and individuals to access, connect, and transact across today's complex global mobile networks. Its core product MINDCEP(TM) Platform is a mobile multimedia communication platform, facilitating and enabling mobile data transmission worldwide using WAP, MMS, SMS and Java technologies. MINDCEP(TM) is connected to some of the largest premium messaging networks in the world in order to offer a broad range of services from content distribution to mobile m-commerce and place the company at the forefront of this rapidly growing messaging market. Additional news and information about the company is available at http://www.nextnationnet.com . About Beijing Himo Beijing Himo is a company established in the PRC and is involved in the provision of telecommunication and wireless value added services in the PRC. Beijing Himo provides its services via telecommunication companies in the PRC ("PRC Telcos") such as China Mobile Communication Corporation, China Unicom Ltd, China Telecom Corporation Limited and China Netcom Communication Group Corporation. Beijing Himo is one of the few service providers in the PRC which was granted the national operation permit to operate mobile value added services, and has been granted three (3) years of tax exemption and subsequent three (3) years of fifty percent (50%) tax exemption. For more information, please contact: Nextnation Communication Ms. Sally Peh Tel: +603-7660-5510 Fax: +603-7660-5525 Email: pr@nextnationnet.com SOURCE Nextnation
2007'02.01.Thu
Her Majesty Sparkles on 80th Birthday Stamps

April 14, 2006

LONDON, April 14 /Xinhua-PRNewswire/ -- Royal Mail celebrates the 80th birthday of Her Majesty the Queen with eight warm and informal photographic portraits taken throughout her life. The stamps will be issued on Tuesday 18th April, three days before the Queen's birthday, and feature smiling images of Her Majesty drawn from thousands of archive photographs. Julietta Edgar, Head of Stamps, Royal Mail said: "I'm sure every one of these enchanting portraits will be a huge hit with people throughout the Commonwealth, and prove a memorable way to say 'Happy Birthday' to our Queen." "Special Stamp issues have always played a special role in marking the UK's key events and anniversaries -- and this beautiful set of stamps is no exception." People who wish to purchase Royal Mail stamps, presentation packs and first day covers can do so online by visiting http://www.royalmail.com/stamps . Royal Mail is also offering customers the chance to enter a prize draw with one very lucky winner receiving a piece of jewellery containing 80 diamonds and worth GBP25,000. The winner's unique choice of design will be crafted specially by Garrard, The House of the Crown Jeweller. Two further special products will accompany the new stamps. The first, issued on the Queen's birthday, is a Coin Cover produced with the Royal Mint featuring a new GBP5 Crown alongside the eight stamps. On June 17th, a set of 'silver stamps' and a commemorative document will be made available to the public. Produced with the Royal Dutch Mint, the eight ultra-thin, 'silver stamps' made out of pure precious metal are being issued in a limited edition of 2006 sets. Stamp Technical Details: Value Description First Class Meeting dignitaries at Heathrow Airport 2001 First Class With her Mother the Duchess of York 1931 Second Class Aboard Britannia 1972 Second Class Royal Windsor Horse Show May 1985 European basic rate State Banquet Ottawa, Canada, October 1951 European basic rate HM The Queen 1960 Rest of the World airmail rate up Age 14, 1940 to 20gms Rest of the World airmail rate up With the Duke of Edinburgh c.1950 to 20gms NOTE TO EDITORS: Images of the Queen's 80th birthday stamps are available by telephoning Mark Barber at Eulogy! on +44-(0)20-7927-9999 or via e-mail from mark@eulogy.co.uk . For more infomation, please contact: Eulogy! Tel: +44-0-20-7927-9999 Email: christie@eulogy.co.uk mark@eulogy.co.uk. Web: http://www.royalmail.com/stamps SOURCE Royal Mail
2007'02.01.Thu
You to Join Its First Quarter 2006 Conference Call

April 13, 2006

HAMILTON, Bermuda, April 13 /Xinhua-PRNewswire/ -- In conjunction with W.P. Stewart's First Quarter 2006 Earnings Release, you are invited to participate in a conference call on Thursday, 27th April, 2006. Attending on behalf of the Company will be John C. Russell -- President and Chief Executive Officer, Rocco Macri -- Chief Operating Officer, Susan Leber -- Chief Financial Officer and Harry W. Segalas -- Chief Investment Officer of W.P. Stewart & Co., Inc. What: W.P. Stewart & Co., Ltd.'s First Quarter 2006 Earnings Release When: Thursday, 27th April, 2006 9:15 a.m. (EDT) - 10:00 a.m. (EDT) How: By teleconference, dial: 1-800-370-0898 (within the United States) + 973-409-9260 (outside the United States) Password: "W.P. Stewart" Or: Visit our website at http://www.wpstewart.com and click on the Investor Relations tab for a link to the webcast (Minimum requirements to listen to the Internet broadcast: RealPlayer software and at least a 28.8 Kbps connection to the Internet. RealPlayer is downloadable at no charge on a trial basis from http://www.real.com/player . You should complete your download well in advance of the Internet broadcast. If you experience problems listening to the Internet broadcast, please send an e-mail to webcastsupport@tfprn.com.) The teleconference will be available for replay from Thursday, 27th April, 2006 at 12:00 noon (EDT) through Friday, 28th April, 2006 at 5:00 p.m. (EDT). To access the replay, please dial 1-877-519-4471 (within the United States) or + 973-341-3080 (outside the United States). The PIN number for accessing this replay is 7280245. You will be able to access a replay of the Internet broadcast through Thursday, 4th May 2006, on the Company's website at http://www.wpstewart.com . The Company will respond to questions submitted by e-mail, following the conference. W.P. Stewart & Co., Ltd. is an asset management company that has provided research-intensive equity management services to clients throughout the world since 1975. The Company is headquartered in Hamilton, Bermuda and has additional operations or affiliates in the United States, Europe and Asia. The Company's shares are listed for trading on the New York Stock Exchange (NYSE: WPL) and on the Bermuda Stock Exchange (BSX: WPS). For more information, please visit the Company's website at http://www.wpstewart.com , or call W.P. Stewart Investor Relations (Fred M. Ryan) at +441-295-8585 or e-mail to IRINFO@wpstewart.com. For more information, please contact: Fred Ryan of W.P. Stewart & Co., Ltd. Tel: +1-441-295-8585 SOURCE W.P. Stewart & Co., Ltd.
2007'02.01.Thu
TI's DaVinci(TM) Technology Now Features ObjectVideo OnBoard(TM) to Digitally Enable Smart Video Surveillance

April 13, 2006

Combination of Video-Optimized Hardware and Leading Video Software will Address Demand in Booming IP Video Surveillance Market
HOUSTON, April 13 /Xinhua-PRNewswire/ -- Addressing the growing demand for greater intelligence in the surveillance market, Texas Instruments Incorporated (TI) (NYSE: TXN) today announced that ObjectVideo OnBoard, an award-winning, video-intelligence software suite, is now running on TI's DaVinci(TM) technology. The combination of hardware and software will enable original equipment manufacturers (OEMs) to rapidly develop new products that perform robust intelligent video functions, such as analyzing video and generating alerts and other actionable information, on the basis of user-defined rules. With intelligent video and codecs running on high-performance digital media processors based on DaVinci technology, OEMs can save significant development time and cost in the creation of a variety of intelligent video applications. For more information, please see: http://focus.ti.com/dsp/docs/dspsplash.tsp?contentId=12648 . Industry analyst firm, iSuppli, projects a 100 percent growth rate for IP video surveillance cameras alone in 2006 with the worldwide market surpassing analog CCTV cameras by the end of 2009. IMS Research of the UK expects manufacturers of IT infrastructure to embed software for video analysis in their products to further improve the performance of video networks. By 2009, IMS forecasts that embedded applications will account for approximately 60 percent of the video analysis software market. The union of TI's DaVinci technology and ObjectVideo OnBoard will fuel this growth. "TI's DaVinci technology is ideal for our software because it was designed to make the next generation of digital video end-equipment applications possible," said Bruce Thompson, Vice President of Corporate Development for ObjectVideo. "By combining processors based on DaVinci's technology with our analytic technology, OEMs can create new sales opportunities by delivering advanced intelligence capabilities for security and other applications." ObjectVideo technology allows users to specify objects of interest and determine if those objects, for example, cross a video tripwire, enter a specified area of interest or simply appear in the camera view. Rules are processed within the intelligent device for real-time comparison to the video analysis. Reference hardware designs and robust API frameworks enable plug-and-play with any device or existing environment. Additionally, network bandwidth is optimized through the selective output of video on alert only. DaVinci technology makes breakthrough innovation possible in digital media devices for the hand, home and car. DaVinci technology is optimized for digital video systems and includes DSP-based SoCs, multimedia codecs, APIs and frameworks and development tools. These integrated components are the industry's first complete offering of an open platform. OEMs can create unique, feature-rich devices optimized with specific applications in mind and get them to market quickly. To learn more about technology offered from TI and ObjectVideo, please visit booth number 19079 at ISC West, held from April 5-7, 2006 at the Sands Expo and Convention Center in Las Vegas, Nevada. DaVinci technology featuring ObjectVideo OnBoard is available now through TI distributors and the e-store. About Texas Instruments Texas Instruments Incorporated provides innovative DSP and analog technologies to meet our customers' real world signal processing requirements. In addition to Semiconductor, the company's businesses include Sensors & Controls, and Educational & Productivity Solutions. TI is headquartered in Dallas, Texas, and has manufacturing, design or sales operations in more than 25 countries. Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at http://www.ti.com . About ObjectVideo ObjectVideo(R) provides intelligent video technology products for the protection of critical infrastructure and high-risk environments such as borders, airports, seaports, oil refineries, chemical and nuclear plants and water treatment facilities. Based on patented computer vision technology, ObjectVideo's software is deployed in more than 170 locations in eight countries, including Iraq, where the U.S. Marines use it to protect soldiers in forward-operating bases. ObjectVideo provides a variety of markets with an advanced ability to detect, classify, track and analyze video data, allowing end users to proactively address threats, improve security planning and enhance overall effectiveness. ObjectVideo markets and sells its products through a Video Intelligent Partner (VIP) program of OEMs, integrators and leading security companies on digital media processor and server platforms. ObjectVideo is the recipient of the Wall Street Journal's Technology Innovation Award and Frost & Sullivan's Excellence in Technology Award. Trademarks DaVinci is a trademark of Texas Instruments. All other trademarks and registered trademarks are property of their respective owners. For more information, please contact: Media Contacts: Christy Brunton Texas Instruments Tel: +1-281-274-5805 Email: cbrunton@ti.com Tara Hanney GolinHarris Tel: +1-713-513-9561 Email: thanney@golinharris.com Lara Kline ObjectVideo Tel: +1-202-905-8370 Email: pr@objectvideo.com SOURCE Texas Instruments Incorporated
2007'02.01.Thu
Baidu and Intel Announced All-round Cooperation

April 13, 2006

BEIJING, China, April 13 /Xinhua-PRNewswire/ -- 2006-Intel China Ltd., a subsidiary of Intel Corporation, the world leader in silicon innovation, and Baidu, the leading Chinese language Internet search provider today signed a memorandum of understanding (MOU) for cooperation in the development of Internet search and related applications in China. (Logo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO ) According to the MOU, the two parties will cooperate in advancing Internet search applications for laptops, handsets and PC in the digital home environment, coupling Intel's server platform with Baidu's backend search systems to achieve optimized performance and operational stability. "Baidu is committed to providing the best way for people to find information. In addition to PCs, our users will soon be able to access Baidu search services on their handsets and home devices," Said Jerry Liu, CTO of Baidu. "Intel is the global leader in silicon technology and has played a critical role in enhancing Internet user experience. We are pleased to join hands with Intel in making Internet search more convenient and fun for people on their wireless devices and home appliances." The two parties will rely on their respective strengths in technology to develop optimized Baidu search applications for Intel platforms, and facilitate implementation on PC, laptops, handsets and home appliances. Intel is also Baidu's backend server platform provider. "A high performance, high stable and high scalable server platform is very important to Baidu's powerful search engine system. Intel has been a reliable long-term provider and partner," said Jerry Liu. "Baidu is the most frequently used search engine in China with an enormous user base. Its high traffic volume requires the highest standard of performance and stability in its server platform. Intel is pleased to work together with Baidu to provide optimized search performance and exciting search experience to end users," said Thomas M. Kilroy, Vice President of Intel Corporation and General Manager of Digital Enterprise Group, "With regard to server platform, 80% of the current enterprise servers are all based on Intel(R) Itanium(R) 2 processor or Intel(R)Xeon(R) processor. The cost-effective and innovative server platform of Intel will surely provide powerful backend support for hundreds of million users of Baidu." About Baidu Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, currently trade on the NASDAQ Global Market under the symbol "BIDU". About Intel Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at http://www.intel.com/pressroom . For more information, please contact: Cynthia He Baidu.com, Inc. Tel: +86-10-8262-1188 Email: cynthiahe@baidu.com SOURCE Baidu.com, Inc.
2007'02.01.Thu
ING Launches Global Management Recruitment Programme in China

April 13, 2006

BEIJING, April 13 /Xinhua-PRNewswire/ -- ING today announced the roll-out of its global management trainee programme in China as the company steps up its efforts to attract talented individuals to build up ING's organizational capabilities and help support the growth of ING's six businesses in the country. The announcement came as part of ING's partnership with CCTV2 in "Absolute Challenge", a television recruitment programme in which ING today short-listed three finalists. These three participants now go forward to the next round of the competition which is to be decided in July 2006, with the winner awarded an employment contract with ING as a brand management trainee for its insurance and asset management activities in China. The ING recruitment drive originally began in March 2006 and attracted over 2,000 applications. ING Insurance Asia/Pacific's global management trainee programme offers candidates the opportunity to participate in a structured development programme which integrates job assignments, workshops and in-class training. The programme has proved successful across the world and the roll-out to China is aimed at helping ING build out its leadership pipeline, while giving local management graduates an opportunity to have a challenging and rewarding career in one of the world's largest global financial services company. Mr. Bartholomew Ng, Country Manager for China, ING Insurance Asia/Pacific stated: "Since the establishment of our first insurance representative office in Beijing in 1993, ING has been actively involved in training local graduates in the field of financial services in cooperation with major universities, including Beijing University, Dongbei University of Finance and Economics, Guangxi Normal University and Shanghai Jiaotong University. This year, we are stepping up those efforts through the introduction of this structured programme which nurtures the careers of talented management graduates, providing them with the skill set necessary to achieve a company's global ambitions and offering them the opportunity to work in an international financial services company." ING currently operates in ten cities in China. Pacific Antai Life Insurance Company, ING's first life-insurance joint venture, operates in Shanghai, Guangzhou, Dongguan, Nanhai and Shunde. ING Capital Life, ING's second life-insurance joint venture, is active in Dalian, Beijing, Shenyang and is currently setting up operations in Jinan. Other ING businesses in China include retail banking through its 19.9% stake in Bank of Beijing; corporate and investment banking through ING Wholesale Banking; and asset management through China Merchants Fund Management, based in Shenzhen and the largest foreign joint-venture fund manager, and ING Real Estate, which develops and manages properties in Beijing and Shanghai. ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce in excess of 115,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand. For more information, please contact: ING Asia/Pacific Karen Williams Tel: +852-2913-8536 Email: karen.williams@ap.ing.com Polly Leung Tel: +852-2913-8792 Email: polly.leung@ap.ing.com SOURCE ING
2007'02.01.Thu
Acquisition of Stellar Mega Media Empire from Mr. Qin Hui Cost Starwin Media Holdings Inc $225 Million

April 13, 2006

LOS ANGELES, April 13 /Xinhua-PRNewswire/ -- Starwin Media Holdings Inc. (OTC: SWMD) announced today that the acquisition of Stellar Mega Media Empire from Mr. Qin Hui cost Starwin $225 million. Both parties have been negotiating since August 2005 and have reached a final agreement on February 25, 2006. In the agreement, Starwin to immediately acquire from Mr. Qin 70% stake of Strategic Media International Limited for a consideration of $25 million in stock and cash. Under the agreement Starwin shall raise an additional capital of $200 million for Stellar Mega Media Group of Companies. Mr. Qin shall provide audited financial statements prepared by an acceptable U.S. firm of auditor; transfer the ownership of Stellar Mega Media Group in China to Starwin, and hand-over of management and board to Starwin. Currently, Starwin is planning to take over the media empire, and also to restructure the management and heavy debit structure. Starwin is seeking assistances from the regulatory agencies, Finance Department, and China Stock Exchange Commission. Based on the financial information provided by Mr. Qin Hui (who directly and indirectly controls). Stellar Mega Media Group has a total debt of more than RMB 2 billions equivalent to $250 million with net assets of not less than $350 million. The injection of $200 million as capital by Starwin for Stellar Mega Media Group is not sufficient to settle the current debts of the group, and Starwin plans to raise an additional US$50 million to payoff Stellar's debts. List of creditor banks in mainland China of Stellar Group are: Minsheng Bank, Construction Bank, Huaxia Bank, Beijing Bank, Guangdong Development Bank, Pudong Development Bank, Merchant bank, Bank of Communication, Shenzhen Development Bank, Citic Bank, Industrial Bank, Bank of China, CIBC, Agriculture Bank, Nanjin Commercial Bank, Everbright Bank, Zhongguanchun Quantee Company, Sanshen Credit Union, Bank of China-Hong Kong Branch. For more information, please contact: Wendyfer Zhong President of Starwin Media Holdings Inc. Tel: +1-626-347-8535 SOURCE Starwin Media Holdings Inc.
2007'02.01.Thu
Bleum CEO Appointed Chair of International Association of Outsourcing Professionals (IAOP) Shanghai Chapter

April 13, 2006

SHANGHAI, China, April 13 /Xinhua-PRNewswire/ -- Bleum, a leading software outsourcing provider based in Shanghai, China, announced today the foundation of the Shanghai Chapter of the International Association of Outsourcing Professionals (IAOP), and the appointment of Bleum CEO, Eric Rongley as the Chapter chair. Commenting on the establishment of an IAOP Shanghai Chapter, Eric Rongley advised, "With the outsourcing industry in China currently valued at 3.2 billion, there is a need to ensure that the industry in China is viewed as part of a truly global profession with the highest of standards and professionalism." He continued, "Operating under the highest professional standards and levels of accreditation is a key operating pillar for Bleum and something I firmly believe in. I am therefore delighted to take the role of IAOP Shanghai Chapter chair and strive to take the outsourcing industry as a whole in China onto the next level." The Shanghai Chapter is the latest in a number of IAOP Chapters that have been set up around the world in cities as diverse as Munich, Boston, Mexico, San Francisco and London. The Shanghai Chapter aims to build a body for vendors, customers and advisors operating in the China market that is both educational and social. The focus will be on shaping the future of outsourcing in China and on enhancing the professionalism of the industry in the China market place. Meetings in the inaugural year will be quarterly, and an executive committee will be established comprising sub-committees reflecting different industries, associations, vendors and strategic partners. "We are very excited about the launch of the Shanghai chapter," said Michael Corbett, Executive Director, IAOP. "The active support of leading organizations like Bleum and many others all around the world is the essential in helping ensure that outsourcing continues to grow globally as a profession and as an industry. And, most importantly, making sure IAOP delivers the value businesses expect and need." About Bleum Bleum is a leading offshore software outsourcing service provider in China. The company combines world-class CMM Level 5 process with the highest security practices, top talent from China and strong English skills under the strategic direction and guidance of international management. About IAOP Shanghai Chapter Those interested in involvement in the IAOP Shanghai chapter should contact Eric Rongley at smong@bleum.com About IAOP The international Association of Outsourcing Professionals (I'AOP) is the global, standard-setting organization and advocate for the outsourcing profession. IAOP's global membership encompasses almost 200 organizations from around the world representing almost every industry segment and functional activity. In total, more than 37,000 individuals working in the field of outsourcing are members or subscribers. For more information, please visit http://www.outsourcingprofessional.org . For further information, please contact: Media Luke Zhang Marketing Manager Tel: +86-21-5308-1196 Email: luke.zhang@bleum.com Sales/General Mike Signorelli Senior Vice President Global Sales Tel: +86-21-5308-1196 Email: mike.sig@bleum.com/info@bleum.com SOURCE Bleum
2007'02.01.Thu
Future Waves Provides Highly Flexible RF Solution for DAB and T-DMB

April 12, 2006

TAIPEI, Taiwan, April 12 /Xinhua-PRNewswire/ -- At worldDAB Beijing event this month, Future Waves will demonstrate its RF front end solution working with various baseband chips. Future Waves' FENIX FNX 14701 is a highly integrated RF tuner chip for DAB/DMB receiver solutions which features low power consumption, low component counts and form factor, and offers tri-band reception. However, the key advantage is its flexibility to operate with all existing baseband solutions in the market. "We provide the market with a high compatibility feature because we understand that each market has its own unique requirements and each solution provides different benefits," said Glenn Vandevoorde, CEO of Future Waves. "Besides, working closely with our customers is vital to us. Offering a variety of options to our OEM, ODM customers can also speed up the proliferation of DAB/DMB enabled devices. Providing easy-to-use and flexible front-end solutions will open up markets to new players. It also enforces technical edge and know-how which current players have built up. According to DRDB, there are nearly 6 million DAB listeners in the U.K. already. In-Stat also predicts that Mobile TV subscribers in China will maintain fast growth in next couple of years with a CAGR of 315% reaching 94 million in 2009. It seems that the digital broadcasting market has taken off. "People have been waiting for a while to see China's action toward the digitalization trend in electronic consumer products; especially the 2008 Beijing Olympics has been a driving force to speed up the introduction of mobile digital TV and radio standards," pointed out by Mr. Vandevoorde. "In order to serve the market efficiently, Future Waves believes in local support. We do work with local baseband IC and solution providers in each area, such as Isis-IP in China, to obtain better market position and geographical advantages. More importantly, by doing this we can provide real-time services and technical support to the manufacturers, and this is essential to lift the industry growth and assist our customers' success." About Future Waves Future Waves is a fabless design house focusing on RF and mixed-signal chips for next generation communication and broadcast technologies. Future Waves targets digital tuners for portable applications and provides the most flexible RF solution in addition to industry leading performance regarding power consumption, cost effectiveness and ease of use. http://www.f-waves.com Contact Kelly Wang, Marketing manager Tel: +886-2-27998108 Email: kelly@f-waves.com SOURCE Future Waves
2007'02.01.Thu
Xinhua Far East Assigns AA Issuer Credit Rating to Shanghai Port Container Co., Ltd.

April 12, 2006

HONG KONG, April 12 /Xinhua-PRNewswire/ -- Xinhua Far East China Ratings today assigned Shanghai Port Container Co., Ltd. ("the Company" or "SPC", SH A 600018) with an AA domestic currency issuer credit rating. The Company's rating outlook is stable. The rating reflects SPC's advantageous location in Shanghai, a hub of China's buoyant international trade, and in the prosperous Yangtze River Delta -- the main engine of China's economy, which represented more than 20% of China's GDP in 2005. SPC's position has been bolstered by rapid development at Shanghai port, which is currently the third largest port in the world in terms of container throughput; it is also the largest in mainland China in terms of both container and cargo throughput. The government's decision to build an international shipping center in Shanghai and the construction of Yangshan Port will also benefit the Company in the long run. Xinhua Far East believes that the acquisitions of stakes in Waigaoqiao Phase V and Yangshan Phase I will enable the Company to maintain vibrant growth in its core business, giving it an expansion of 50% in its container handling capacity. The Company's strategy of taking an equity position in branch ports along the Yangtze River has strengthened the hub position of the Shanghai port by attracting stable container sources. In addition, the Company has efficient container handling operations, ample cash reserves, sound cash flow and profit generating capacity, flexible fund raising channels, and relative conservative financial leverage. There are concerns, however, related to the cyclical nature of the container shipping industry, a possible slowdown of China's economy, the huge capital expenditure required for the construction of the new port facilities, and the inadequate berth water depth of Shanghai port. Additionally, Xinhua Far East notes that the Company may not receive the same level of support from its parent company, Shanghai International Port (Group) Co., Ltd., as it enjoyed previously as a result of stringent corporate governance requirements implemented for SIPG's planned IPO in Hong Kong. Shanghai Port Container Co., Ltd. ("SPC") is a leading company specializing in container terminals handling and value-added services at Shanghai port. The Company's activities mainly include port handling, road transportation, agency and other port-related business. In 2005, the Company reported turnover and EBIT of RMB4,776 million and RMB1,925 million respectively. Turnover generated from its port handling business reached RMB2,824 million, accounting for 59% of total turnover in 2005. The Company mainly operates in the Shanghai area, with turnover from this region accounting for 99.18% of total turnover in 2005. SPC's parent company is Shanghai International Port (Group) Co., Ltd. ("SIPG"), which held a 70.18% stake in the Company at the end of 2005. SIPG is the biggest port company with the highest container loading and transportation capacity in mainland China. SIPG's predecessor was the Shanghai Port Authority, and the state-owned Shanghai Assets Supervision and Administration Commission controlled 50% of the stake of SIPG at the end of 2005. Shanghai Port Container Co., Ltd. is also a large cap company in the Xinhua/FTSE China A50 Index. As of April 11, 2006, its total market cap was RMB20 billion with investable market cap of RMB6 billion. For the rating report summary, please visit http://www.xinhuafinance.com/creditrating . Note to Editors: About FTSE/Xinhua China A50 Index The FTSE/Xinhua China A50 Index is a real-time tradable index comprising the largest 50 A Share companies by full market capitalization. Designed to meet the needs of QFIIs, it can be used as a basis for both on-exchange and OTC derivative products, mutual funds and ETFs. For daily data and further information, see http://www.xinhuaftse.com . About Xinhua Far East China Ratings Xinhua Far East China Ratings (Xinhua Far East) is a pioneering venture in China that aims to rank credit risks among corporations in China. It is a strategic alliance between Xinhua Finance (TSE Mothers: 9399), and Shanghai Far East Credit Rating Co., Ltd. Shanghai Far East became a Xinhua Finance partner company in 2003 and the first China member of The Association of Credit Rating Agencies in Asia in December 2003. Capitalizing on the synergy between Xinhua Finance and Shanghai Far East, Xinhua Far East's rating methodology and process blend unique local market knowledge with international rating standards. Xinhua Far East is committed to provide investors with independent, objective, timely and forward-looking credit opinions on Chinese companies. It aims to help investors differentiate the credit risks among the corporations in China, thereby, cultivating their awareness and promoting information disclosures and transparency in China market. For more information, see http://www.xfn.com/creditrating . About Xinhua Finance Limited Xinhua Finance Limited is China's unchallenged leader in financial information and media, and is listed on the Mothers board of the Tokyo Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China's financial markets and the world, Xinhua Finance serves financial institutions, corporations and re-distributors through four focused and complementary service lines: Indices, Ratings, Financial News and Investor Relations. Founded in November 1999, the Company is headquartered in Shanghai with 21 news bureaus and offices in 18 locations across Asia, Australia, North America and Europe. For more information, please visit http://www.xinhuafinance.com . About Shanghai Far East Credit Rating Co., Ltd Shanghai Far East Credit Rating Co., Ltd. is the first and leading professional credit rating company with comprehensive business coverage in China. It is an independent agency established by the Shanghai Academy of Social Sciences with the mission to develop internationally accepted standards for capital market in China. The company is a pioneer in conducting bond-rating business in China. For years, it has been authorized by the Shanghai branch of the PBOC to undertake loan certificate credit rating. Since establishment, it has rated over 1,000 corporate long-term bonds and commercial papers, based on the principles of objectivity, fairness and independence. The company has also maintained over 50% market share in the loan certificate-rating sector in Shanghai for three consecutive years. With its strong local presence and knowledge, it provides investors with unique and the most insightful credit opinion. For more information, see http://www.fareast-cr.com . For more information, please contact: Hong Kong Joy Tsang, Corporate & Investor Communications Director, Xinhua Finance Tel: +852-3196-3983, +8621-6113-5999 or +852-9486-4364 Email: joy.tsang@xinhuafinance.com US David Leeney, Taylor Rafferty (IR/PR Contact in US) Tel: +1-212-889-4350 Email: david.Leeney@taylor-rafferty.com SOURCE Xinhua Far East China Ratings
2007'02.01.Thu
Xinhua Far East Assigns A+ Issuer Credit Rating to Shenzhen Chiwan Wharf Holdings Co., Ltd.

April 12, 2006

HONG KONG, April 12 /Xinhua-PRNewswire/ -- Xinhua Far East China Ratings today assigned Shenzhen Chiwan Wharf Holdings Co., Ltd. ("CWH" or "the Company," SZ A 000022, SZ B 200022) with an A+ domestic currency issuer credit rating. The Company's rating outlook is stable. The rating reflects Xinhua Far East's view about the high entry barriers and operating requirements for port operation businesses and the benefits of soaring foreign trade volumes resulting from the vibrant economy in China's Pearl River Delta region. In fact, Shenzhen port ranked fourth in the world and second in mainland China in 2005 in terms of container throughput. Shenzhen Chiwan port, one of the major terminals in Shenzhen, handled 3.13 million TEUs in 2004, representing 22.9% of total container throughput for Shenzhen port that year. Moreover, Shenzhen Chiwan port is one of the main bulk trans-shipment bases used for the import and export of bulk chemical fertilizers in China, with one-fourth of the market share for Shenzhen's bulk and general cargo business in 2004. The Company is expected to enjoy strong growth, particularly with full operation in Berth 13 of Shenzhen's Chiwan port and Berths 5, 6 and 7 of Shenzhen's Mawan port. These ports will bring an extra two million TEUs (more than 50% increase) over the current container handling capacity. The new rating also takes into account the Company's competitive advantage in container handling charges compared to its Pearl River Delta peers, its robust profitability, improved cost control capability and sound cash flow generating capacity. However, container shipping industry is cyclical in nature, and there is a possibility that China's economy will slow in the near future. There are other factors that may place pressure on the Company's performance, including competition among the ports in the Pearl River Delta, projected capital expenditure for new port facilities, restrictions on stacking yards availability, and congestion on the road linking Shenzhen Chiwan port to other locations. Shenzhen Chiwan is engaged mainly in port handling, warehousing and transportation of containers and bulk and general cargo at the Shenzhen Port terminals. In 2004, it generated 90.9% of turnover from its port handling business. China Nanshan Development (Group) Incorporation ("CND") held a 58.84% stake in the Company in 1H05. In the first three quarters of 2005, the Company reported turnover and EBIT of RMB1,397 million and RMB876 million respectively. Shenzhen Chiwan Wharf Holdings Co., Ltd. is also a large cap company in the Xinhua/FTSE China A50 Index. As of April 11, 2006, its total market cap was RMB7.37billion, with investable market cap of RMB1.47 billion. For the rating report summary, please visit http://www.xinhuafinance.com/creditrating . Note to Editors: About FTSE/Xinhua China A50 Index The FTSE/Xinhua China A50 Index is a real-time tradable index comprising the largest 50 A Share companies by full market capitalization. Designed to meet the needs of QFIIs, it can be used as a basis for both on-exchange and OTC derivative products, mutual funds and ETFs. For daily data and further information, see http://www.xinhuaftse.com . About Xinhua Far East China Ratings Xinhua Far East China Ratings (Xinhua Far East) is a pioneering venture in China that aims to rank credit risks among corporations in China. It is a strategic alliance between Xinhua Finance (TSE Mothers: 9399), and Shanghai Far East Credit Rating Co., Ltd. Shanghai Far East became a Xinhua Finance partner company in 2003 and the first China member of The Association of Credit Rating Agencies in Asia in December 2003. Capitalizing on the synergy between Xinhua Finance and Shanghai Far East, Xinhua Far East's rating methodology and process blend unique local market knowledge with international rating standards. Xinhua Far East is committed to provide investors with independent, objective, timely and forward-looking credit opinions on Chinese companies. It aims to help investors differentiate the credit risks among the corporations in China, thereby, cultivating their awareness and promoting information disclosures and transparency in China market. For more information, see http://www.xfn.com/creditrating . About Xinhua Finance Limited Xinhua Finance Limited is China's unchallenged leader in financial information and media, and is listed on the Mothers board of the Tokyo Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China's financial markets and the world, Xinhua Finance serves financial institutions, corporations and re-distributors through four focused and complementary service lines: Indices, Ratings, Financial News and Investor Relations. Founded in November 1999, the Company is headquartered in Shanghai with 21 news bureaus and offices in 18 locations across Asia, Australia, North America and Europe. For more information, please visit http://www.xinhuafinance.com . About Shanghai Far East Credit Rating Co., Ltd Shanghai Far East Credit Rating Co., Ltd. is the first and leading professional credit rating company with comprehensive business coverage in China. It is an independent agency established by the Shanghai Academy of Social Sciences with the mission to develop internationally accepted standards for capital market in China. The company is a pioneer in conducting bond-rating business in China. For years, it has been authorized by the Shanghai branch of the PBOC to undertake loan certificate credit rating. Since establishment, it has rated over 1,000 corporate long-term bonds and commercial papers, based on the principles of objectivity, fairness and independence. The company has also maintained over 50% market share in the loan certificate-rating sector in Shanghai for three consecutive years. With its strong local presence and knowledge, it provides investors with unique and the most insightful credit opinion. For more information, see http://www.fareast-cr.com . For more information, please contact: Hong Kong Joy Tsang, Corporate & Investor Communications Director, Xinhua Finance Tel: +852-3196-3983, +8621-6113-5999 or +852-9486-4364 Email: joy.tsang@xinhuafinance.com US David Leeney, Taylor Rafferty (IR/PR Contact in US) Tel: +1-212-889-4350 Email: david.Leeney@taylor-rafferty.com SOURCE Xinhua Far East China Ratings
2007'02.01.Thu
SIEC Announces China Cycle 2006 Fully Booked

April 12, 2006

SHANGHAI, China, April 12 /Xinhua-PRNewswire/ -- Shanghai International Exhibition Co., Ltd. announced today CHINA CYCLE 2006, the 16th China International Bicycle and Motor Fair, will be held in the Shanghai New International Expo Center on April 17-20, 2006, as originally scheduled. This year, however, the show is already fully booked due to the lack of exhibition space. Unfortunately, the new Hall E3 and E4 will not be completed on time. The organizers have made available every inch of space to feed the growing needs of the exhibitors, including the outdoor area. Despite the set-back, statistics are still exciting, with all seven exhibition halls and the outdoor space being utilized, accounting for more than 900 exhibitors and 85,000 square meters. Local Companies: Eager to Expand In 2006, many local companies chose to increase the size of their stands, some up to 300 square meters. Some intend to keep their booths simple, leaving more space available for buyers. It seems that local companies have benefited more from the annual Shanghai show, treating it as their primary export channel. The growing number of international buyers makes them quite satisfied with the show, and this is the only show in China that can offer such high quality international buyers. At the same time, the local industry is more represented than ever before. Major players in the industry attend the show annually and this in turn helps to attract more buyers from abroad, especially for those focusing on mid and low range products. International Companies: Growing Steadily International brands have seen a steady growth. In 2006, international brands will be given the best locations in Hall W1, while local and Taiwanese brands are in Hall E1. Most of these come from the US and Europe. Some have already entered local markets, including Shimano, Trek and Specialized, and still hold the largest exhibition spaces, as they continue to invest in the Chinese market together with other marketing activities. As many international buyers come to Shanghai, the show lures more European small and medium-sized company. This year, the show will welcome companies from Pakistan and Canada for the first time. The international brands in attendance bring with them various product lines, focusing on more sports-related products, such as bike racks, BMXs and accessories. New Development in the IBD Market In the past year, the IBD market has seen a rapid development in China. IBD stores have become popular in big cities. There are no official statistics, but taking Shanghai as an example, four news IBD stores opened in the past year, including Trek's concept store, Giant's 400 square-meter mega store, GR Bike's Italian Bike showroom, and "Labici," specializing in Italian products. The same story has been evident in other cities too. Meanwhile, there are a growing number of biking activities and many people have begun to rethink the role of the bike, seeing it more and more as a leisure sport. We can imagine that if this trend continues, a premium market can be expected. 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: Kevin Zhou Project Manager Tel: +86-21-6279-2828 Fax: +86-21-6545-5124 Website: http://www.siec-ccpit.com SOURCE Shanghai International Exhibition Co., Ltd.
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