2007'02.11.Sun
Estonia Awards Electronic Passport Contract to Gemalto
October 20, 2006
AMSTERDAM, Netherlands, and TALLINN, Estonia, Oct. 20
/Xinhua-PRNewswire/ -- Gemalto (Euronext NL 0000400653
GTO), a world leader in digital security, announces today
that it will supply the Citizenship and Migration Board of
Estonian Republic with its e-passport solution for the
future Estonian electronic passport. Under the terms of the
contract, Gemalto will provide the Estonian authorities with
a turnkey solution, from manufacturing and binding of
passport booklets, using Gemalto Setec* technology, to the
implementation of the personalization system in the
premises of the Citizenship and Migration Board under the
Ministry of Interior. First deliveries are scheduled to
start in early 2007.
The agreement runs through 2012 with a possible
extension to 2015. Considering present passports issuance
rates and plans, it could involve up to one million
electronic passports.
Under the contract, Gemalto manufactures the travel
documents including a powerful microchip for biometric
identification and delivers the complete personalization
system to Estonia. Furthermore, Gemalto provides the
Estonian government with enrollment software and equipment
for capturing and digitizing the data, picture and
signature. This comprehensive solution for Estonian
Ministry of Interior illustrates Gemalto's ability to
handle the whole value chain in the e-passport management
process.
"Gemalto is proud to have been selected by the
Estonian authorities," said Jacques Seneca, President
Europe at Gemalto. "This agreement is the continuity
of our past collaboration on visas. With the implementation
of our end-to-end solution, the authorities and citizens
will benefit from the highest level of security and
convenience, together with compliance with the global
standard."
Gemalto's e-passport references include the Czech
Republic, Denmark, France, Norway, Poland, Portugal,
Russia, Singapore, Slovenia, Sweden and the United States
of America.
* Setec is part of the Gemalto group (acquired in
2005). The Setec
technology is incorporated in products such as
biometric and visual
passports, electronic and visual ID cards, driving
licenses and health
cards.
About Gemalto
Gemalto (Euronext NL 0000400653 GTO) is a leader in
digital security with pro forma 2005 annual revenues of
euro 1.7 billion ($2.2 billion), operations in 120
countries and 11,000 employees including 1,500 R&D
engineers. The company's solutions make personal digital
interactions secure and easy in a world where everything of
value -- from money to entertainment to identities
-- is increasingly represented as bits and bytes
communicated over networks.
Gemalto thrives on creating and deploying secure
platforms, portable and secure forms of software in highly
personal objects like smart cards, SIMs, e-passports,
readers and tokens. More than a billion people worldwide
use the company's products and services for
telecommunications, banking, e-government, identity
management, multimedia content, digital rights management,
IT security and other applications. Gemalto was formed in
June 2006 by the combination of Axalto and Gemplus
International S.A. For more information please visit
http://www.gemalto.com .
For more information, please contact:
Emmanuelle Saby
Gemalto
Tel: +33-6-09-10-76-10
Email: emmanuelle.saby@gemalto.com
SOURCE Gemalto
PR
2007'02.11.Sun
Grand Opening of the World Renowned "Mega Show Part 1"
October 20, 2006
HONG KONG, Oct. 20 /Xinhua-PRNewswire/ -- Presented by
Hong Kong's leading trade fair organizer, Kenfair
International (Holdings) Limited ("Kenfair
International" or with its subsidiaries the
"Group") (SEHK code: 223), the "15th Hong
Kong International Toys & Gifts Show" and
"14th Asian Gifts Premium & Household Products
Show" (collectively known as the "Mega Show Part
1") officially opens today.
This year Mega Show Part 1 will be held from 20-23
October 2006 at HKCEC, and is occupying also the HKCEC's
new exhibition hall -- the Expo Drive Hall and the Expo
Drive Entrance, having around 5,300 booths in total, the
show continues to be the largest international trade fair
of its kind in Asia.
Mr. Herbert Ip, Chairman of Kenfair International,
said, "Every year, numerous international buyers come
to source for top-notched yet competitive-priced products
at our show. Acclaimed as the most effective trading
platform, the show is very popular among international
exhibitors, to cater for the overwhelming demand, the new
exhibition halls of HKCEC is also used, which provides 400
additional booths for this year's show."
Over 3,400 exhibitors from 35 countries and regions are
attracted to this year's fair, besides Hong Kong and China,
a huge number of exhibitors are from Taiwan, India,
Indonesia, Korea, Thailand and the Philippines, which makes
the congregation of international exhibitors of Mega Show
Part 1 the largest of its kind in Hong Kong. With the
splendid track record of the show, Kenfair International
expects over 65,000 international buyers for this four-day
event.
To render suppliers and buyers an extended trading
opportunity, Kenfair International has launched also the
Mega Show Part 2, which will be held at the HKCEC on 28-30
October 2006, and a brand new exhibition zone -- Table
Object Asia is added this year.
About Kenfair International (Holdings) Limited
Established in 1991, Kenfair International is a leading
trade fair organizer in Hong Kong. Its flagship trade
exhibitions include "Mega Show" Series, Hong Kong
Spring Fair, Hong Kong International Furniture Fair in Hong
Kong, Asia Expo in London, Las Vegas and Poland. Besides,
Kenfair international also runs a trade portal website:
http://www.kenfair.com and publishes a tri-annual trade
magazine, MegAsia.
For more information, please contact:
Liz Liu / Ezena Tang
Kenfair International (Holdings) Limited
Tel: +852-2311-8216
Fax: +852-2311-6629
Email: liz.liu@kenfair.com / ezena.tang@kenfair.com
Web: http://www.kenfair.com
SOURCE Kenfair International (Holdings) Limited
2007'02.11.Sun
IOF Launches New Osteoporosis Website
October 20, 2006
Major Features Include Enhanced Interactivity; New Database-Driven Architecture; Expanded, Latest Information for Patients, the Public, Health Care Professionals and the Media; New Section on Nutrition and Bone Health
NYON, Switzerland, Oct. 20 /Xinhua-PRNewswire/ -- The
International Osteoporosis Foundation (IOF) today
introduced an extensive, newly designed website in Hong
Kong as part of the global launch of World Osteoporosis
Day.
The new website -- http://www.iofbonehealth.org --
replaces the previous site -- http://www.osteofound.org --
although the old address will continue to link to the new
one.
The new website contains some 1,200 pages and is
expected to continue building on the popularity of the
existing website, which at present registers some 1.6
million hits per month.
"In spite of the success of the current site, it
was time for a change," noted IOF Chief Executive
Officer Daniel Navid. "Our original website was
created in 1998 and obviously much has changed in the
amount of information available in the field of
osteoporosis, and also in website design and the way people
use the internet to obtain information. The new website
makes use of the latest technologies to provide targeted
and comprehensive information for a variety of users."
Some highlights of the new website include:
Access to national osteoporosis societies worldwide
The IOF website continues to be the only source for
contact information and links to the IOF's 173 national
osteoporosis member societies in 86 locations, representing
some 82% of the world's population.
Nutrition section
This new section is particularly timely since it
provides information related to the World Osteoporosis Day
2006 theme "Bone Appetit: The role of nutrition in
building and maintaining strong bones". Special
features include an overview of nutrition and bone health;
a global recipe database featuring bone-friendly recipes
provided by the IOF's member societies; a novel calcium
calculator which is based on weekly calcium intake; and
tables of foods rich in calcium and vitamin D.
Health Professionals
Designed to provide doctors, nurses, and allied health
specialists with detailed information on osteoporosis, this
section includes special topics such as: bone biology;
secondary osteoporosis; diagnosis, treatment and care;
osteoporosis in men; the role of exercise in bone health;
and other osteoporosis-related issues.
What is Osteoporosis?
This well-illustrated section is now available for both
the public and, in more detail, for health professionals. It
offers a succinct, easy-to-read overview of osteoporosis,
and its prevention, diagnosis and treatment.
Advocacy/Policy
Newly revised and expanded, this section will feature
news on worldwide policy and lobbying initiatives, key
facts and statistics, and national osteoporosis guidelines
and other key resource documents, grouped by region of the
world.
VIP quotes
In this new section, entertainers, athletes, chefs and
osteoporosis advocates will offer personal messages to
inspire people with osteoporosis and help raise awareness
of issues important to patients and health care providers
alike.
Technical innovations
The new website makes extensive use of the most popular
web technologies, PHP (programming language) and MySQL
(database). It features an object-oriented, extensible
architecture that forms a solid foundation for the further
development of the website. An innovative approach to
content classification and linking was developed to make
the wealth of information accessible to different interest
groups.
Sponsors
Various sponsors, who are members of IOF Committee of
Corporate Advisors, have provided unrestricted educational
grants for the development of this website, particularly
Schering AG, Amgen, Tetra Pak, MSD, Novartis, and Fonterra
Brands.
The new website was developed by Zephir, based in
Basel, Switzerland.
Osteoporosis, in which the bones become porous and
break easily, is one of the world's most common and
debilitating diseases. The result: pain, loss of movement,
inability to perform daily chores, and in many cases,
death. One out of three women over 50 will experience
osteoporotic fractures, as will one out of five men (1, 2,
3). Unfortunately, screening for people at risk is far from
being a standard practice. Osteoporosis can, to a certain
extent, be prevented, it can be easily diagnosed and
effective treatments are available.
1. Melton U, Chrischilles EA, Cooper C et al. How many
women have
osteoporosis? Journal of Bone Mineral Research,
1992; 7:1005-10
2. Kanis JA et al. Long-term risk of osteoporotic
fracture in Malmo.
Osteoporosis International, 2000; 11:669-674
3. Melton LJ, et al. Bone density and fracture risk in
men. JBMR. 1998;
13:No 12:1915
For more information on osteoporosis and IOF please
visit: http://www.iofbonehealth.org
For more information, please contact:
Paul Spencer Sochaczewski / Elena Grimaud-Ineichen
International Osteoporosis Foundation - IOF
Tel: +41-22-994-0100
Fax: +41-22-994-0101
Email: iofnews@osteofound.org
SOURCE International Osteoporosis Foundation (IOF)
2007'02.11.Sun
think3(R) Unveils free2Design(TM) in China
October 20, 2006
Initiative offers free 2D software and new community user site in developing countries
BEIJING, Oct. 20 /Xinhua-PRNewswire/ -- think3, a leading supplier of product development solutions and industrial design today announced free2Design, a bold initiative to empower designers, engineers, manufacturers and students in developing countries such as China with the legal and licensed use of its 2D software for free. http://www.free2Design.org , where downloads are available now at no cost, is also a rich community user site where people can share electronic design tools, techniques and industry information to foster an open and creative dialogue about product development. In addition to China, free2Design is being offered now in English for other developing markets such as India to participate in the program. Other languages will be added over the course of the next year. "We're leveling the 2D software playing field in the developing world with proven and supported 2D production tools," said Joe Costello, CEO of think3. "Countries like China, whose low manufacturing cost structure made it virtually impossible to afford the very CAD software they require to do business, now have a free source for licensed and supported software that legitimizes their product development globally -- they are truly now free to design." "Manufacturers here are moving from `made in China' to `designed and made in China,'" said Costello. "Every time we convert a pirated seat of software for a legitimate and licensed one, we're helping businesses here investing in their future as a respected global player in product design and development. The free use of our licensed and supported 2D software gives engineers and designers here the needed tools to not only compete, but just as important, innovate." To put this in perspective, it is estimated that more than 10 million people in China alone are using illegal seats of CAD today. As a member of the World Trade Organization, the Chinese government is pursuing new ways to ensure intellectual property rights are respected and software, such as CAD, is obtained legally. think3's free2Design mechanical CAD software provides users a production-proven set of capabilities for creating 2D documentation based on think3's 2D products and services used by thousands of small to mid sized manufacturers around the world for the past 15 years. It is a fully-featured 2D solution with more functions that industry standards like AutoCAD(R). In addition, it has also import and export DXF/DWG format capabilities that make it compatible with AutoCAD. 2D software features alone would not be enough to improve dramatically productivity -- the difference is adding in a rich user experience that allows users to interact and learn together. "free2Design is much more than just free software," said Costello. "We are establishing an online design community in China where people can both learn and contribute. It's about sharing and exchanging new applications, ideas and opinions. It's about being part of something bigger." The http://www.free2Design.org community site provides an immediate source of information and interaction for registered users that include: * Free and immediate access to all API development examples, libraries of symbols and drawing examples -- free for registered users to upload or download content * A variety of community-driven documents that include getting started, documentation, tips and tricks, help and frequently asked questions * Online training that includes downloadable self training material and Webseminars * Forums that support general product and industry discussions * Industry or CAD-related news that users can contribute to as well * User Opinion Surveys "Our design and engineering students can now learn the fundamental techniques for product design with a tool that they can continue to use after graduation at no cost, which is something they haven't had access to before now. It's liberating for them," said Professor Lu Guodong, who teaches at the School of Mechanical and Energy Engineering at Zhejiang University. "Online social networks are the natural way young people talk to each other today - free2Design offers our students both a social and professional Web community where they can create new relationships, share design ideas and get practical tips on projects or jobs." As free2Design users become more proficient, think3 also offers an easy and integrated upgrade to 3D, industrial design capabilities and full PDM/PLM capabilities to support the Product Lifecycle as a whole. About Zhejiang University Under the direct administration of China's Ministry of Education, the new Zhejiang University is a comprehensive university with fields of study covering eleven branches of learning, including: philosophy, literature, history, education, science, economics, law, management, engineering, agriculture and medicine. The university has 115 specialties for undergraduate studies, and it is entitled to confer master's degrees in 312 programs and doctoral degrees in 237 programs. About think3 Inc. think3 is a leading supplier of product development solutions to mid-sized manufacturers worldwide and provides innovative, next generation industrial design solutions for the industrial design industry. Customers include Honda, Mazda, Buell Motorcycles, BMW, Alessi and Michael Graves Design Group. Overall, the company enables more than 5,000 manufacturers to achieve dramatic gains in competitiveness and profitability by optimizing their product development process. think3's best-of-class products, services and unique business delivery model lower manufacturers' risks and remove barriers to successful implementation. With headquarters in Cincinnati and offices throughout Europe, Asia and North America, the privately held company has been leading innovation for more than 20 years. For more information, visit http://www.think3.com . For more information, please contact: Ann Willey think3 Inc. Tel: +1-513-608-0829 SOURCE think3 Inc.
2007'02.11.Sun
Cerberus Capital Management Appoints John W. Snow as Chairman
October 20, 2006
NEW YORK, Oct. 20 /Xinhua-PRNewswire/ -- John W. Snow,
the 73rd Secretary of the Treasury of the United States of
America, has been appointed Chairman of Cerberus Capital
Management, L.P. Prior to becoming Secretary of the
Treasury in February 2003, Secretary Snow was Chairman and
Chief Executive Officer of CSX Corporation.
"It's an honor to have a person of Secretary
Snow's stature join the Cerberus team," said Stephen
Feinberg, CEO of Cerberus Capital. "Secretary Snow
has worked tirelessly, traveling the globe, to build a
consensus on global economic issues. We will benefit
enormously from his vast experience in business operations
as well as his keen insights to economic trends and
forces."
Mr. Snow also held several high-ranking positions in
the Department of Transportation during the Ford
Administration. Additionally, Mr. Snow served as Chairman
of the Business Roundtable, comprised of 250 CEO's of the
nation's largest companies. He has served on various
corporate and non-profit boards, including Johnson &
Johnson, USX, Verizon, the University of Virginia Darden
School, and Johns Hopkins University.
Mr. Snow holds a Master's Degree from Johns Hopkins
University and a Ph.D. in Economics from the University of
Virginia, a J.D. from George Washington University, a B.A.
from the University of Toledo and numerous honorary
degrees. He has also served on the faculty of several
academic institutions.
About Cerberus
Established in 1992, Cerberus Capital Management, L.P.
is one of the world's leading private investment firms with
$16.5 billion under management in funds and accounts.
Through its team of more than 275 investment and operations
professionals, Cerberus specializes in providing both
financial resources and operational expertise to help
transform undervalued companies into industry leaders for
long-term success and value creation. Cerberus is
headquartered in New York City, with offices in Chicago,
Los Angeles, and Atlanta, as well as advisory offices in
London, Baarn, Frankfurt, Tokyo, Osaka and Taipei. More
information on Cerberus can be found at
http://www.cerberuscapital.com .
For more information, please contact:
Cerberus Capital Management, L.P.
Tel: +1-212-891-1558
SOURCE Cerberus Capital Management, L.P.
2007'02.11.Sun
Motorola Creates Laser-etched Envy with Miami Ink Collection
October 20, 2006
Renowned Tattoo Artist, Ami James, Makes His Mark on Motorola Mobile Devices
LIBERTYVILLE, Ill., Oct. 20 /Xinhua-PRNewswire/ --
Motorola, Inc. (NYSE: MOT) announced today it has partnered
with Ami James, leading tattoo artist on TLC's hit
television series "Miami Ink," to produce a
portfolio of eye-catching mobile devices for its new Miami
Ink Collection. Continuing Motorola's design revolution,
the Miami Ink Collection demonstrates how unique uses of
artwork and finishes can help consumers showcase a variety
of different personalities and individual preferences.
These wickedly cool handsets, the MOTORAZR, MOTORAZR xx
and the Motorola L6, sport one of six different
tattoo-inspired designs laser-etched directly onto the
smooth surface of the device. Original tattoos featured in
the collection include a delicate Cherry Blossom, fierce and
fiery Dragon, ornate Gypsy, punk-rock Skull, "I Love
Mom" and a Polynesian Tribal design.
"Working with Ami, Motorola has transformed our
slim mobile devices into mobile works of art," said
Jim Wicks, vice president and director, Consumer Experience
Design, Motorola. "Ami's signature flair and
eye-catching designs create Motorola devices that are truly
lifestyle accessories."
"Drawing tattoos for Motorola and their iconic
mobiles provided an opportunity for me to bring my art form
to life for a whole new audience," said Ami James.
"I have found another way to give consumers `tattoo
cool' without the pain."
Availability
The Miami Ink Collection of mobile devices will be
available in Q4 2006. Specific details will be provided
upon consumer availability. Consumers can visit
http://www.motorola.com/miamiink for more information.
"Miami Ink," starring Ami James, is set in a
South Beach tattoo shop and provides a glimpse into the
motivations and passions behind each tattoo artists'
career, while showcasing their work and the stories behind
the tattoos of their clients. It airs Tuesdays at 10 PM
ET/PT on TLC.
About Motorola
Motorola is known around the world for innovation and
leadership in wireless and broadband communications.
Inspired by our vision of Seamless Mobility, the people of
Motorola are committed to helping you get and stay
connected simply and seamlessly to the people, information,
and entertainment that you want and need. We do this by
designing and delivering "must have" products,
"must do" experiences and powerful networks --
along with a full complement of support services. A Fortune
100 company with global presence and impact, Motorola had
sales of US $35.3 billion in 2005. For more information
about our company, our people and our innovations, please
visit http://www.motorola.com .
MOTOROLA and the Stylized M Logo are registered in the
US Patent and Trademark Office. All other product or
service names are the property of their respective owners.
The Bluetooth trademarks are owned by their proprietor and
used by Motorola, Inc. under license.
NOTE TO EDITORS: For high-resolution images of
Motorola's consumer solutions, please visit:
http://www.motorola.com/motoinfo .
For more information, please contact:
Shannon Swallow
Motorola, Inc.
Tel: +1-847-668-7086
Email: shannons@motorola.com
SOURCE Motorola, Inc.
2007'02.11.Sun
Good Nutrition Essential for Bone Health
October 20, 2006
New IOF Report Highlights Vital Link Between Nutrition and Strong
Bones; 12 Global Celebrities Urge Bone-Healthy Eating Habits; New IOF website
Launched; World Osteoporosis Day Celebrated in More Than 80 Countries
Bones; 12 Global Celebrities Urge Bone-Healthy Eating Habits; New IOF website
Launched; World Osteoporosis Day Celebrated in More Than 80 Countries
HONG KONG, Oct. 20 /Xinhua-PRNewswire/ -- Good
nutrition is essential to building and maintaining strong
bones, according to a new report issued today by
International Osteoporosis Foundation (IOF) on the occasion
of World Osteoporosis Day (WOD), October 20.
The new report "Bone Appetit: the role of food and
nutrition in building and maintaining strong bones"
(please view:
http://www.osteofound.org/publications/bone_appetit.html )
shares its title with the theme of WOD 2006, celebrated
today with international activities (please view:
http://www.osteofound.org/activities/world_osteoporosis_day/2006_activities.php
) by IOF's member societies in 86 countries.
IOF Chief Executive Officer Daniel Navid, speaking at a
press conference in Hong Kong, noted: "Everyone can
help to reduce their risk of developing osteoporosis by
following a bone-healthy lifestyle, which includes eating a
nutritious diet, taking regular exercise and avoiding
smoking and excess alcohol.
"By rejecting the misconception that `skinny is
beautiful' and not following harmful and excessive weight
loss diets, people can build strong bones and help to
reduce the risk of breaking bones due to osteoporosis later
in life."
Professor Annie Kung, president of the Osteoporosis
Society of Hong Kong, speaking at the conference, predicted
an osteoporosis epidemic in Asia, noting: "It is
projected that by 2050 about 50% of all osteoporotic hip
fractures will occur in Asia. Partly this is due to
increasing life expectancy, but is also related to
lifestyle factors, including less-healthy eating
habits."
"The importance of a nutritious diet with
sufficient calcium and vitamin D to build and maintain bone
strength has been shown in numerous clinical studies,"
said Dr Edith Lau, president of the Hong Kong Osteoporosis
Foundation and an IOF Board member. "Like any organ in
the body, the skeleton needs a constant supply of nutrients
to function properly and replenish itself throughout our
lives."
Also released by IOF today were twelve 30-second Public
Service Announcements (please view:
http://www.osteofound.org/press_centre/psa_wod2006/index.html
) in which internationally-known entertainers, athletes,
chefs and osteoporosis advocates urge people to adopt
bone-friendly eating habits. These celebrities include:
-- Jet Li, Actor (China)
-- Karen Mok, Actress and singer (Hong Kong)
-- Retno Maruti, Master of classical Javanese dance
(Indonesia)
-- Martin Yan, Master and celebrity TV chef (USA)
-- Gregory Coupet, Football star (France)
-- Silvia Valdemoros, Master and celebrity TV chef
(Argentina)
-- Sportacus, Host of international hit children's TV
series
`LazyTown' (Iceland)
-- Britt Ekland, Actress (Sweden)
-- Martial Enguehard, Master chef (France)
-- Anton Mosimann, Master chef (Switzerland)
-- Ana Shepherd of Hangtime Circus, Aerialist (Canada)
-- Philippe Chevrier, Master chef (Switzerland)
World Osteoporosis Day, which begins the "Year of
Bone Nutrition" also saw the launch of a completely
new IOF website - http://www.iofbonehealth.org - which went
live for the first time during the Hong Kong press
conference.
The new website features nutritional information for
the public and health professionals, a global recipe
database, and a calcium intake calculator. Nutrition facts
released today show:
Calcium and vitamin D
- Studies in children and adolescents have shown that
adding extra dietary
or supplemental calcium enhances the rate of bone
mineral gain during
growth.
- Vitamin D is essential for assisting calcium
absorption and ensuring
bone tissue renewal yet a growing body of evidence
suggests that, on a
global level, vitamin D deficiency is widespread.
- Calcium and vitamin D supplementation reduces rates
of bone loss and
also reduces fracture rates in older people.
Protein
- Adequate dietary protein is essential for bone
health. Studies have
shown that elderly men and women with higher dietary
protein intakes had
lower rates of hip and spine bone loss than those
consuming lower
amounts of protein.
- In elderly patients who have suffered hip fractures,
ensuring sufficient
protein intake helps to speed recovery, shorten
hospital stays, and
increase the likelihood of returning to independent
living.
Lifestyle factors
- Bone mass accumulation is greatest during puberty,
thereby putting
adolescents who follow unnecessary and excessive
diets, and particularly
those with anorexia nervosa, at greater risk for
reduced peak bone mass
and for fractures later in life.
WOD 2006 is supported by an unrestricted educational
grant provided by four Global Gold Sponsors: Fonterra
Brands, MSD, Novartis and Tetra Pak. In addition, the
InterContinental Hong Kong, which is hosting the 20 October
launch, will offer a special "bone-friendly" menu
at its acclaimed Cantonese restaurant `Yan Toh Heen'.
For more information on osteoporosis and IOF please
visit: http://www.iofbonehealth.org
For more information, please contact:
Paul Spencer Sochaczewski, or Elena Grimaud-Ineichen
International Osteoporosis Foundation - IOF
Tel: +41-22-994-0100
Fax: +41-22-994-0101
Email: iofnews@osteofound.org
SOURCE International Osteoporosis Foundation (IOF)
2007'02.11.Sun
Stora Enso Has Appointed Jouko Karvinen as its New CEO
October 19, 2006
Stora Enso Oyj Stock Exchange Release 17 October 2006 at 10.00 GMT
SHANGHAI, China, Oct. 19 /Xinhua-PRNewswire/ -- Stora
Enso's Board of Directors has appointed Jouko Karvinen,
M.Sc. (Eng.), as the new CEO of Stora Enso. He will join
the company on 1 January 2007 and will take up the position
of CEO following the Annual General Meeting (AGM) on 29
March 2007. Mr Karvinen is currently Chief Executive
Officer of Philips Medical Systems Division and a member of
the Board of Management of Royal Philips Electronics.
"The Board of Directors is delighted that Jouko
Karvinen will be joining Stora Enso as Chief Executive
Officer. He will bring global experience, a strong
commitment to innovation and a track record of improving
profitability in the businesses he has managed,"
comments Claes Dahlback, Chairman of the Stora Enso Board
of Directors.
"Jouko has shown he has the capability to lead an
organisation to deliver results through acquisitions,
operational improvements, innovation and building customer
loyalty."
Mr Karvinen, born in 1957, holds a Master of Science
degree in Electronics and Industrial Economics from Tampere
University of Technology in Finland. He has had a 25-year
career in industrial automation and, more recently,
healthcare technologies in business-to-business markets.
He joined Royal Philips in 2002 to head its Medical
Systems Division following four US acquisitions. The
division had revenues of EUR 6.3 billion in 2005. Before
joining Philips, he was responsible for the Automation
Division of ABB Group Ltd. He served ABB Group in several
international positions and was a member of the ABB Group
Executive Committee from 2000 to 2002.
"I am thrilled to be joining the forest products
industry and one of its leading players, Stora Enso. It is
an honour to succeed Jukka Harmala as CEO. I -- together
with the Stora Enso team -- relish the challenge of
continuing to develop Stora Enso and further improve its
performance," says Jouko Karvinen.
Jukka Harmala will leave the position of CEO following
the AGM on 29 March 2007. He will continue to undertake
special assignments specified by the Board of Directors of
Stora Enso until the end of August 2007.
"I offer my best wishes to Jouko in his new role
as CEO of Stora Enso. I am happy to be leaving the company
in good hands. I am sure the drive for improvement will be
maintained under the leadership of the new CEO,"
comments Jukka Harmala.
PRESS CONFERENCE IN HELSINKI
You can follow a press conference starting at 13.00
Finnish time (immediately after publication of this
announcement) live on our website at
http://www.storaenso.com/investors .
APPENDIX -- CV of Mr Karvinen
Photos of Mr Karvinen are available at
http://bmt.storaenso.com/storaensolink.jsp?imageid=061017 .
Please copy the link into your web browser.
For free broadcast-standard video content about Stora
Enso, please log onto
http://www.thenewsmarket.com/storaenso . You can preview
and request broadcast-standard video which will be
delivered digitally or by tape. Registration and video is
free to the media.
http://www.storaenso.com
http://www.storaenso.com/investors
Jouko Karvinen -- Curriculum Vitae
Personal Data:
Date & Place of Birth: 31 August 1957 in
Helsinki, Finland
Marital Status: Married, two children
Summary of Recent Employment:
April 2006 to date:
Chief Executive Officer -- Philips Medical Systems
Division
Executive Vice President & member of Board of
Management, Royal Philips
Electronics, based in Amsterdam, Netherlands
June 2002-March 2006
Chief Executive Officer -- Philips Medical Systems
Division,
Senior Vice President & member of Group
Management Committee, Royal
Philips Electronics, based in Boston, Massachusetts,
USA
November 2000-May 2002
Executive Vice President -- ABB Group Ltd
Head of Automation Technology Products Division
Member of Group Executive Committee, based in Zurich,
Switzerland
September 1998-October 2000
Senior Vice President -- Business Area Automation
Power Products, based
in Zurich, Switzerland
1993-September 1998
Vice President -- Business Unit Drives Products &
Systems, based in
Zurich, Switzerland
1990-1993
Vice President -- Power Electronics Division of ABB
Drives OY Global
AC Drives Feeder Factory and R&D Centre, based in
Helsinki, Finland
1988-1990
Profit Centre Manager -- LV AC Drives, based in
Helsinki, Finland
1987-1988
Manager Adv. Development Allen-Bradley Stromberg Inc.
A business development role reporting to Joint Venture
President, based
in Milwaukee, Wisconsin, USA
1982-1987
Various positions in Stromberg OY's Traction Business
in Project
Management, Sales, Marketing & Commissioning,
based in Helsinki, Finland
Education:
1976-1982
Master of Science in Power Electronics, Applied
Electronics & Industrial
Economics at Tampere University of Technology in
Finland
For further information, please contact:
Claes Dahlback,
Chairman of the Board
Tel: +46-8-545-07-744
Jukka Harmala,
Chief Executive Officer
Tel: +358-2046-21404
Kari Vainio,
Executive Vice President,
Corporate Communications
Tel: +44-779-934-8197
SOURCE Stora Enso
2007'02.11.Sun
Undesirable Content and Price Plans Blamed for Lack of 3G Uptake
October 19, 2006
TNS Global Technology Insight Study 2006 Reveals Cost is top Obstacle to 3G Adoption
SHANGHAI, China, Oct. 19 /Xinhua-PRNewswire/ -- Despite
mobile phone providers' endeavours to recruit 3G customers,
third generation technology remains a low priority for
mobile users across the globe - and cost is the overriding
factor. The annual Global Technology Insight (GTI) study
by leading market information company TNS has identified
little increase in 3G technology usage amongst consumers
who see mobile TV and surfing the net as costly and
unnecessary.
At a global level, almost a quarter of people cite cost
as the main obstacle to them using 3G (23 per cent). A
fifth of people (21 per cent) are not downloading songs to
their mobile primarily because of the expense, and 23 per
cent choose not to surf the internet on their phone because
it costs too much to do so.
Regionally, although Asia Pacific is home to both
countries with some of the world's highest levels of 3G
usage and countries where 3G is either only just or not yet
available, user sentiment remains the same. Across both
developed and emerging Asian markets it is cost, lack of
need and lack of interest that are the most frequently
cited reasons why mobile users are choosing not to download
music, surf the internet or watch real time television
broadcasts on their handsets. In China, when asked why they
stopped using or not using mobile phone to surf the
internet, 17 per cent expressed that they preferred using
other devices, 22 per cent no needs for that, 9 per cent
not interested in this service, while 15 per cent of uses
said it was too expensive.
The study revealed in fact, fewer people globally today
aspire to have these facilities than they did a year ago,
according to the TNS study (7 per cent of those surveyed in
2005 listed 3G as a priority feature to have on future
mobile phones, compared with just 4 per cent in 2006). And
in Asia, where more than half of those not already using
their handset to surf or download express little or no
interest in starting in the next 12 months, it would appear
that significant change to either content or pricing is
needed if 3G is ever going to achieve widespread usage.
Yet whilst according to the study findings many users
do currently enjoy such plans, there remain many customers
in developed as well as emerging Asian markets that are
still paying for key applications such as surfing the
internet according to the kilobytes used or each individual
time the service is used.
James Fergusson, Regional Director, TNS Technology,
comments; "Given that cost is such a key obstacle to
the adoption of more advanced mobile services, mobile
operators must provide pricing regimes which are fixed for
unlimited use, transparent and affordable. The introduction
of well priced unlimited use packages would certainly see
fast usage uplift."
The study did indeed find that the payment plans that
most respondents around the Asia Pacific would prefer for
their 3G services are either `pay once for unlimited use',
`fixed monthly sum for unlimited use' or having the service
bundled as part of the overall contract.
Other obstacles for many services included such
elements as speed of network, battery life, screen size,
image quality and memory, but their impact pales in
comparison to that of cost.
About the Global Technology Insight study
GTI 2006 surveyed 16,000 consumers in 29 countries
during August 2006 to provide key insights into mobile
content and applications, future technologies, brand power,
co-branding and convergence.
About TNS:
TNS is a market information group:
-- The world's largest provider of custom research and
analysis
-- A leader in political and social polling
-- A major supplier of consumer panel, media
intelligence and TV and radio audience measurement
services.
TNS operates across a global network in over 70
countries, allowing us to provide internationally
consistent, up-to-the-minute and high quality information
and analysis.
The group's employees deliver innovative thinking and
excellent service to local and multi-national clients
worldwide. In the custom business, they combine in-depth
sector knowledge with expertise in the areas of new product
development, positioning and segmentation research, brand
and advertising research and stakeholder management.
TNS' strategic goal is to be recognised as the global
leader in delivering value added information and insights
that help our clients to make more effective decisions.
TNS is the sixth sense of business.
About TNS China:
TNS China is one of the first international market
research agencies to start operations in China - way back
in 1992. In recent years, TNS has grown substantially and
established itself as one of the most successful and
reputed market research and consulting agencies in China,
with 120 professional researchers and a total of 250+
employees in three full service offices in Shanghai,
Beijing and Guangzhou.
For more information go to
http://www.tns-global.com/gti .
For more information, please contact:
Cindy Liu
Tel: +86-21-6360-0808 x156
Cell: +86-135-0192-4102
Email: cindy.liu@tns-global.com
SOURCE TNS China
2007'02.11.Sun
The World Renowned "Mega Show Part 1" Will Be Opened On 22 October At HKCEC
October 19, 2006
HONG KONG, Oct. 19 /Xinhua-PRNewswire/ -- Presented by
Kenfair International (Holdings) Limited ("Kenfair
International" or with its subsidiaries the
"Group") (SEHK code: 223), the "15th Hong
Kong International Toys & Gifts Show" and
"14th Asian Gifts Premium & Household Products
Show" (collectively known as the "Mega Show Part
1") will be officially launched on 20 October 2006 at
the Hong Kong Convention and Exhibition Centre
("HKCEC").
Acclaimed as the largest trade fair of its kind in
Asia, this year "Mega Show Part 1" will be held
from 20 - 23 October 2006, it will once again fully occupy
the HKCEC and a new exhibition hall -- the Expo Drive Hall
and the Expo Drive Entrance. By using the new exhibition
hall, 400 additional booths are available, and there will
be approximately 5,300 booths in total.
According to the registration record, over 3,400
exhibitors from 35 countries and regions will be joining
the show and regional pavilions of Hong Kong, China,
Taiwan, India, Indonesia, Korea, Thailand and the
Philippines will be set up in a designated area. Riding on
the success of last year record, Kenfair International are
confident that over 65,000 international buyers will be
attracted to visit this four-day trade fair.
To ease product sourcing of the buyers, the Exhibitors
Locator System is available to assist visitors for
identifying specific venue locations, products and
exhibitors according to their search requirements.
Also, to render visitors with a favourable one-stop
sourcing experience, Kenfair International will be
providing comprehensive range of value-added services such
as the Business Centre, Internet Service Centre, Panda
Lounge and Shuttle Bus Services, for detailed bus schedule,
please visit http://www.kenfair.com .
About Kenfair International (Holdings) Limited
Established in 1991, Kenfair International is a leading
trade fair organizer in Hong Kong. Its flagship trade
exhibitions include the "Mega Show" Series, Hong
Kong Spring Fair, Hong Kong International Furniture Fair in
Hong Kong, Asia Expo in London, Kenfair Asian expo in Las
Vegas and Asia Expo -- Poland in Warsaw. Kenfair
international also runs a trade portal website:
http://www.kenfair.com and publishes a tri-annual trade
magazine, MegAsia.
For more information, please contact:
Liz Liu / Ezena Tang
Kenfair International (Holdings) Limited
Tel: +852-2311-8216
Fax: +852-2311-6629
Email: liz.liu@kenfair.com / ezena.tang@kenfair.com
Website: http://www.kenfair.com
SOURCE Kenfair International (Holdings) Limited
2007'02.11.Sun
MEDIA ADVISORY: INCREASING Pandemic Influenza Vaccine Supply
October 19, 2006
If an influenza pandemic were to occur in the near
future, there would be a shortage of several billion doses
of the pandemic influenza vaccine needed to protect the
global population.
-- What activities are required to increase future
pandemic influenza
vaccine production capacity?
-- Who will undertake this action?
-- How long will it take to fill the gap and how much
will it cost?
-- What are the challenges?
-- What characteristics would an ideal pandemic
influenza vaccine have?
WHAT: News conference to release the new World Health
Organization Global pandemic influenza action plan to
increase vaccine supply. The 14-page Global Action Plan
will be posted at
http://www.who.int/vaccines-documents/DocsPDF06/863.pdf
at 14:00 CET on 23 October 2006.
WHEN: Monday, 23 October 2006; 14:00-15:00 (2 p.m. to 3
p.m.) Central European Time (CET)
WHERE: UN Palais des Nations, Geneva, Switzerland, Room
III.
Journalists based around the world may listen to the news
conference and ask questions. The telephone number to dial
into the news conference is: +41 (0) 22 917 0900. The code
which must then be entered is 41417.
WHO:
Dr Marie-Paule Kieny, Director, Initiative for Vaccine
Research, World
Health Organization;
Dr David L. Heymann, acting Assistant Director-General
for Communicable
Diseases and Representative of the Director-General
for Polio Eradication,
World Health Organization;
Dr Keiji Fukuda, Coordinator, Global Influenza
Programme, World Health
Organization;
For more information, please contact:
Melinda Henry,
WHO Department of Immunization,
Vaccines and Biologicals, Geneva
Tel: +41-22-791-2535
Mobile: +41-79-477-1738
Email: henrym@who.int
Web: http://www.who.int/immunization
Dick Thompson,
Team Leader,
Pandemic and Outbreak Communications
Tel: +41-22-791-2684
Email: thompsond@who.int
SOURCE World Health Organization
2007'02.11.Sun
Harry Winston to Introduce Men's Collection Designed by Thom Browne
October 19, 2006
NEW YORK, Oct. 19 /Xinhua-PRNewswire/ -- Harry Winston
has announced that Thom Browne will create a men's
collection to be launched in the spring of 2007.
"Harry Winston has considered a men's collection
for some time. Thom Browne has a uniquely American
sensibility. His meticulous design aesthetic will be
applied to luxurious pieces reflecting Winston's heritage
and craftsmanship. We look forward to this collaboration
and believe it will be a great addition to our company's
collections," said Thomas J. O'Neill, Chief Executive
Officer of Harry Winston.
Known for his immaculate, modern tailoring, Thom Browne
launched his company in 2001 offering solely custom made
clothes from his shop in downtown Manhattan. He was named
the Council of Fashion Designers of America menswear
designer of the year in 2006.
The new collection will include men's cuff links,
rings, jewelry and timepieces.
Harry Winston revolutionized diamond jewelry design
with the invention of flexible, handmade platinum settings
that resulted in unimaginable suppleness, dimensionality
and brilliance.
The designs offered by Harry Winston are exceptional,
executed with flawless craftsmanship, and utterly timeless.
Based on these founding principles, Harry Winston is a
modern leader of the ultra luxury jewelry and timepiece
business worldwide.
Harry Winston currently has 12 locations around the
world, in New York, London, Paris, Geneva, Tokyo, Beverly
Hills, Las Vegas, Bal Harbour, Osaka, Taipei and Honolulu
and will open in Dallas later this year.
Harry Winston is owned by the Aber Diamond Corporation,
the world's premier publicly traded diamond company. Aber
holds a 40% interest in the world-class Diavek Diamond mine
in Canada's Northwest Territory.
For more information, please contact:
Joanne Langbein
HL Group
Tel: +1-212-529-5533 x223
Email: joanne@hlgrp.com
SOURCE Harry Winston
2007'02.11.Sun
Hong Kong's Leading Operator CSL to Deploy Starhome's Roaming Solutions
October 19, 2006
ZURICH, Switzerland, Oct. 19 /Xinhua-PRNewswire/ --
Starhome, the leading provider of mobile roaming technology
and services has been selected by CSL to supply its roaming
customers with another advanced roaming solution. In
addition to the existing Virtual Home Environment (VHE)
services, roamers on the CSL network can now also benefit
from Starhome's Intelligent Call Assistant(tm).
Starhome's Intelligent Call Assistant (ICA) service
helps to improve call completion rates and customer
satisfaction. The new service will allow calls to be
completed even in cases where roamers continue to dial from
their phone book without setting up international dialing
codes.
The patented Starhome Intelligent Call Assistant
service enables CSL to analyze dialing mistakes, correct
calls via a global numbering plan and patented application
logic, and complete the calls seamlessly. By completing
more calls and improving the use of VPMN features and
services, CSL will increase revenues and visitor traffic
while addressing roamers' basic needs. Roamers receive the
assistance they need for international dialing thereby
improving their roaming experience and encouraging them to
use their mobile phones when traveling.
According to Richard Midgett, Director, International
& Wholesale of CSL, "After successfully
implementing Starhome's VHE we have decided to further
enrich the mobile roaming services provided to our
subscribers and international business travelers roaming on
the CSL network. Intelligent Call Assistant will not only
bring in additional revenue, but more importantly, improve
roamers' experience on the CSL network."
Starhome's Ilan Raviv, VP of Sales, Asia, explained
that mobile operators can substantially increase their
revenues each year when maximizing global roaming
potential. "The additional revenues are generated by
handling the uncompleted calls and dialing mistakes caused
by users' lack of familiarity with international dialing
and phone book dialing. International roaming needs to be
kept seamless for travelers, so that when they step off the
plane they can make calls the same way they do at home.
Starhome's products help the CSL network maintain its high
level of user satisfaction."
About Hong Kong CSL Limited ("CSL")
CSL is a pioneer in the mobile communications market in
Hong Kong. The Company launched its mobile services in 1983,
and today operates a world-class GSM / WCDMA network through
its mobile brands: 1O1O and One2Free. CSL introduced its 3G
and Wi-Fi Service in 2004 and HSDPA in 2006, and has
pioneered the launch of HSCSD, GPRS, MMS, EDGE, Video
Sharing and "3G Mobile TV" in Hong Kong.
In April 2006, CSL and New World Mobility officially
merged. For more information about CSL, please visit
http://www.hkcsl.com .
About Starhome
Starhome is the leading provider of roaming solutions
and technologies that enable mobile network operators to
maximize their roaming business potential. Starhome has
pioneered the market of VAS for roamers and is the
recognized driving force in the market today, offering a
broad portfolio of roaming services with proven business
value.
Starhome's customer- and quality-oriented approach
ensures telco-quality products, smooth implementation and
professional support throughout the product lifecycle.
Starhome's global footprint includes the world's
largest Mobile Network Operators and Operator Groups --
together providing access to roaming service for more than
50% of roamers worldwide.
For further information on Starhome, please go to
http://www.starhome.com .
For more information, please contact:
Paul Stallard
Eclat Marketing
Tel: +44-118-989-5600
Email: star@eclat.co.uk
SOURCE Starhome
2007'02.11.Sun
Phoenix Ancient Art to Premiere Important Collection of Greek Vases at Its New York City Gallery
October 19, 2006
Masterpieces From Major Painters Among the Most Important Vases Remaining in Private Hands
NEW YORK, Oct. 19 /Xinhua-PRNewswire/ -- Phoenix
Ancient Art, one of the world's leading dealers in rare,
high quality antiquities from Western civilizations, today
announced that its exhibition, "The Painter's Eye: The
Art of Greek Ceramics. Greek Vases from a Swiss Private
Collection and Other European Private Collections,"
will be unveiled at its New York City gallery on October
20, 2006, opening to the public on October 21, and
remaining on view until November 11, 2006.
This will be the first time that this particular
collection of vases will be going on public display, some
of which have not been seen in over 30 years.
"We pursued this collection for five years,
knowing that the opportunity to obtain such a rare
collection of Greek vases, painstakingly selected for their
beauty, quality and integrity, would probably never present
itself again," says Ali Aboutaam, president of Phoenix
Ancient Art.
The exhibit will be accompanied by the publication of a
corresponding scholarly catalogue featuring the 26 pieces,
which range in date from the mid-6th century B.C. to the
late 4th century B.C. A number of these wonderful vases
have previously been unpublished, highlighting the
timeliness of Phoenix's decision to bring such treasures of
antiquity into the light.
"When most people think of ancient art, one of the
first images that come to mind, perhaps now more than ever,
is a Greek vase," said Hicham Aboutaam, co-founder of
Phoenix Ancient Art. "The power of these timeless
works of art to evoke the glories of Western art in the
public consciousness is extraordinary."
"Even in antiquity, Greek vases were treasured as
trophies and heirlooms," says Ali Aboutaam. Voracious
foreign demand also led to their travel and export
throughout the Mediterranean. The most skilled potters and
vase painters would develop their own followings in much
the same way that paintings collectors today look for
Picassos or Rembrandts."
While no actual Picassos are on display, Phoenix's show
certainly features some of his ancient equivalents. Painters
such as Macron, Dikaios and Brygos, among the masters of
their craft, present compositions executed with a grace and
beauty that illustrate an incredibly high level of
draftsmanship and aesthetic sensitivity.
It is easy to see how these vessels have attracted
devoted collectors for over 2,000 years, from Roman
conquerors to Enlightenment era intellectuals to modern day
diplomats. In this case, the names of the collectors can be
of just as much importance as the names of the artists.
Consider two beautiful and unusually large amphorae, or
wine vessels, with lively depictions of satyrs and maenads
in the midst of their drunken revels. They were excavated
and published by Lucien Bonaparte, the Prince of Canino and
half brother of Emperor Napoleon I.
One of the highlights of the show displays a brilliance
of craftsmanship and design that is matched by an equally
fascinating history: a 6th century B.C. amphora by the
Antimenes Painter depicting Heracles battling the Nemean
Lion -- arguably one of his finest works -- hails from the
early 19th century collection at Capesthorne Hall, one of
Britain's great country estates. Home to the
Bromley-Davenport family, this marvelous vase belonged to
Sir Edward Davies Davenport (1778-1847), a politician and
intellectual who fell in love with the Classical world and
amassed his collection during his European Grand Tour.
A number of the vessels are also decorated with genre
scenes of daily life, which are sure to be of interest to
both casual students of antiquity as well as to seasoned
collectors and academics. Themes such as a music lesson,
the cleaning of a fish for a meal and athletes exercising
are treated with equal care, the lively, colorful images
giving us a tantalizing glimpse into the ancient world.
A 121-page catalogue entitled, "The Painter's Eye:
The Art of Greek Ceramics. Greek Vases from A Swiss Private
Collection and Other European Collections (2006),"
featuring 64 color photos, glossary of terms and
bibliography will be available for purchase at the
gallery.
Located at 47 East 66th Street in Manhattan, the
gallery will be open to the public Monday-Friday, 11am-6pm
and Saturday-Sunday, 12pm-5pm. For more information call
(212) 288-7518 or visit http://www.phoenixancientart.com .
ABOUT PHOENIX ANCIENT ART
With galleries in New York City and Geneva,
Switzerland, Phoenix Ancient Art (
http://www.phoenixancientart.com ) is one of the world's
leading dealers in rare and exquisite antiquities from
cultures that make up the essence of Western Civilization.
Its works of art have been purchased by world-class museums
around the globe, as well as by private individuals.
Formally incorporated in 1995, Phoenix Ancient Art is a
second-generation family business that was founded by
Sleiman Aboutaam in 1968 and continues today under the
leadership of his sons, Ali and Hicham.
For more information, please contact:
Justin Perras
Dukas Public Relations
Tel: +1-212-704-7385
Email: justin@dukaspr.com
SOURCE Phoenix Ancient Art
2007'02.11.Sun
PMI to Present at International Association of Insurance Supervisors Conference
October 19, 2006
WALNUT CREEK, Calif., Oct. 19 /Xinhua-PRNewswire/ --
The PMI Group, Inc. (NYSE: PMI) will share its risk
management expertise at the 13th annual International
Association of Insurance Supervisors conference in Beijing,
China.
"PMI provides financial products that reduce
risks, lower costs, and expand market access for mortgage
lenders and investors," said Vic Bacigalupi, Executive
Vice President and General Counsel at PMI. "PMI was
invited by conference organizers to share our expertise as
a specialized monoline insurer with prudent risk management
practices because they believe our global experience in
providing customized solutions enables us to offer a
valuable and unique perspective on the world's mortgage
markets."
Bacigalupi will participate in the panel discussion,
"Cross Sector Supervision and Financial
Conglomerates" Thursday, October 19, at 2:30 p.m.
local time. The panel discussion will take place at the
Beijing Hotel in the ballroom of Building C.
"PMI's goal is to foster homeownership worldwide.
We do that by helping to ensure mortgages are available to
prospective homebuyers through products and services that
support the growth and stability of the international
mortgage finance system," said Bacigalupi. "I
want to thank the China Insurance Regulatory Commission for
hosting this important event, and compliment them and the
Chinese government for their leadership in regulating
financial services. This is a great recognition and
opportunity for us to engage with insurance industry
participants around the world to explain the value of
mortgage insurance and PMI's affordable housing
solutions."
Conference participants include representatives from
national regulatory bodies, banking and insurance
industries, trade associations, credit rating agencies, and
political groups, and non-governmental organizations.
About The PMI Group, Inc.
The PMI Group, Inc., headquartered in Walnut Creek, CA,
provides innovative credit, capital, and risk transfer
solutions that expand homeownership and fund essential
services for our customers and the communities they serve
around the world. Through its wholly and partially owned
subsidiaries, PMI offers residential mortgage insurance and
credit enhancement products, financial guaranty insurance,
and financial guaranty reinsurance. PMI has operations in
Asia, Australia and New Zealand, Europe, and the United
States. For more information: http://www.pmigroup.com .
For more information, please contact:
Media
Beth Haiken
Tel: +1-925-658-6192
Investors
Bill Horning
Tel: +1-925-658-6193
SOURCE PMI Group, Inc.
2007'02.11.Sun
Cathay Pacific Airways Selects Goodrich Wheels and Brakes and MRO Services for Largest Order of New Aircraft in Its History - 18 Boeing 777-300ER
October 18, 2006
CHARLOTTE, N.C., Oct. 18 /Xinhua-PRNewswire/ -- Cathay
Pacific Airways has selected Goodrich Corporation (NYSE:
GR) to supply wheels and brakes and services for its new
fleet of 18 Boeing 777-300ER aircraft. In addition to the
18 firm orders, Cathay Pacific has placed purchase rights
for an additional 18 777-300ER aircraft, which will also
have wheels and brakes supplied and serviced by Goodrich as
those aircraft become part of the expanding Cathay Pacific
fleet. The first of the new aircraft will be delivered in
September 2007. This represents Cathay Pacific's largest
aircraft order in the history of the airline.
According to Brian Brandewie, President Aircraft Wheels
and Brakes, "We are pleased to have been selected to
provide wheels and brakes and MRO services to Cathay
Pacific to support the growth of its fleet of 777-300ER
aircraft. This significant agreement demonstrates the
confidence Cathay Pacific has placed in Goodrich. We look
forward to providing Cathay Pacific with our world-class
products, Hong Kong-based MRO services and customer focused
support that the airline has come to expect of us. Goodrich
is proud to be part of Cathay Pacific's future and its
continued success."
Goodrich's Aircraft Wheels and Brakes division has been
a world leader in the design, development and manufacturing
of commercial, military, regional and business aircraft
wheels and brakes for 60 years. The division also provides
aftermarket service and critical spares to the world's
major airlines. It has created innovative braking systems
for over 200 types of aircraft and has many more
technological improvements in development.
Goodrich Corporation, a Fortune 500 company, is a
global supplier of systems and services to aerospace,
defense and homeland security markets. With one of the
most strategically diversified portfolios of products in
the industry, Goodrich serves a global customer base with
significant worldwide manufacturing and service facilities.
For more information visit http://www.goodrich.com .
For more information, please contact:
Media:
Gail K. Warner
Tel: +1-704-423-7048
Lisa Bottle
Tel: +1-704-423-7060
Investor Relations:
Paul Gifford
Tel: +1-704-423-5517
SOURCE Goodrich Corporation; GR - Airframe Systems
2007'02.11.Sun
Tvia, Inc. Announces Appointment of New Chief Financial Officer
October 18, 2006
SANTA CLARA, Calif., Oct. 18 /Xinhua-PRNewswire/ --
Tvia, Inc. (Nasdaq: TVIA), a leading provider of digital
display processors for advanced flat-panel TVs, broadcast
digital DVRs, consumer displays, and monitor products,
today announced the appointment of Keith Yee as its new
Chief Financial Officer, replacing Diane Bjorkstrom who is
leaving to pursue other opportunities, effective
immediately.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20050419/SFTU130LOGO )
Prior to joining Tvia, Mr. Yee served as Director of
Finance at Atheros Communications, Inc., a publicly-traded
developer of semiconductor system solutions for wireless
communications products, where he was responsible for SEC
reporting, SOX compliance and financial planning and
analysis. He previously held controller positions with
Tripath Technology, Synnex Corporation and Adaptec. Mr. Yee
gained international experience working for the London, Hong
Kong and San Francisco offices of Ernst & Young and was
an Audit Senior Manager with the Price Waterhouse Silicon
Valley office.
Mr. Yee received his Bachelor's Honors degree in
Accounting from Exeter University in England and is a
certified public accountant as well as a Fellow of the
Institute of Chartered Accountants in England and Wales.
"Keith is a seasoned financial executive with a
strong semiconductor background and an impressive track
record of managing SOX compliance and SEC reporting, said
Eli Porat, Chairman and Chief Executive Officer. "We
are thrilled to welcome Keith as the newest member of our
management team. He offers a broad skill set that will be
instrumental in the evolution of our Company. We believe
his proven leadership and diverse international experience
will help take Tvia to the next strategic level,"
stated Mr. Porat.
About Tvia: Tvia, Inc. is a fabless semiconductor
company that designs and develops digital display
processors for digital LCD, PDP, HD, SD, and
progressive-scan TVs, as well as other broadcast and
consumer display products. Tvia owns and operates one of
the world's leading independent TV design centers,
providing manufacturers with proven TV system designs, and
allowing manufacturers to produce high quality flat-panel
televisions at low cost with the short time to market. The
combination of Tvia's TrueView display processors and
leading TV system designs gives Tvia's manufacturing
customers the advantage for building among the most
cost-effective, highest quality display solutions on the
market. More information about Tvia is available at
http://www.tvia.com .
Information in this release that involves Tvia's
expectations, beliefs, plans, intentions or strategies
regarding the future are forward-looking statements that
involve risks and uncertainties. Forward-looking
statements in this press release include statements as to
the expected impact on Tvia of its newly hired chief
financial officer, Tvia's focus, strategy and progress,
Tvia's development of new products, the features and
benefits of Tvia's products, product acceptance and
introduction by customers, and Tvia's financial
performance. All forward-looking statements included in
this release are based upon information available to Tvia
as of the date of this release, and Tvia assumes no
obligation to update any such forward-looking statements.
These statements are not guarantees of future performance,
and actual results could differ materially from our current
expectations. Factors that could cause or contribute to
such differences or risks associated with our business are
discussed in the Company's Annual Report on Form 10-K for
the year ended March 31, 2006 filed on June 27, 2006, and
Form 10-Q for the quarter ended June 30, 2006 filed on
August 11, 2006, with the Securities and Exchange
Commission ("SEC"), and in other reports filed
from time to time with the SEC. These risks include, but
are not limited to, the slower than anticipated emergence
of the flat panel DTV market, our ability to specify,
develop or acquire, complete, introduce, market and
transition to volume production new products and
technologies in a timely manner, and the extent and
duration of the current economic and business environment.
For more information, please contact:
Eli Porat
CEO, Tvia, Inc.
Tel: +1-408-982-8588 x109
Email: eporat@tvia.com
SOURCE Tvia, Inc.
2007'02.11.Sun
Analysys International Says China's Handheld TV Users Will Reach 22.19 Million in 2010
October 18, 2006
BEIJING, Oct. 18 /Xinhua-PRNewswire/ -- Analysys
International, a leading advisor of technology, media and
telecom (TMT) industries in China, says in its recently
released report "China's Handhold TV Annual Report
2006", that China's total users of handhold TVs will
reach 22.19 million in 2010.
According to Analysys International's research, China's
handhold TV market is currently at a starting-up phase.
Cellular mobile telecommunication network-based handhold TV
started in 2004, while wireless digital broadcasting
network-based handhold TV is still at a trial phase now.
The trial projects are mainly carried on in Beijing,
Shanghai and Guangdong complying with the state-recommended
standard of DAB.
"China's domestic handhold TV market will see a
rapid developing period. Among which, cellular mobile
telecommunication network-based handhold TV users reached
220 thousand in 2005. Limited by factors such as network
band width, content and tariff, the market developed
comparatively slowly in 2006," says Joan Lin, analyst
from Analysys International, "In 2007, with the issue
of the 3G licenses, China's streaming media-based mobile TV
will enter a rapid developing phase. It's estimated that
the market users will reach 7.45 millions of families in
2010."
Figure 1: Cellular Mobile Telecommunication
Network-based Handhold TV User Development 2005-2010 (In
Thousand)
http://english.analysys.com.cn/3class/detail.php?advertisement=002&id=249&name=report&FocusAreaTitleGB=&daohang=Report&title=
China's wireless digital broadcasting network-based
handhold TV market will enter a large-scale trial phase in
2006. The market will enter into rapid development by the
end of the 2006 when national standard and operation
licensed are issued. The user market will be expected to
reach 14.73 millions of families.
Figure 2: China's Digital Multimedia Broadcasting
Network-based Handhold TV User Development 2006-2010 (In
Mln)
http://english.analysys.com.cn/3class/detail.php?advertisement=002&id=249&name=report&FocusAreaTitleGB=&daohang=Report&title=
Analysys International thinks that China's overall
handhold TV market will grow rapidly from 2006 and the
total user base will reach 22.19 millions of families in
2010.
Figure 3: China's Overall Handhold TV Market Total User
2005-2010
http://english.analysys.com.cn/3class/detail.php?advertisement=002&id=249&name=report&FocusAreaTitleGB=&daohang=Report&title=
This subject is further discussed in Analysys
International's research report "China's Handhold TV
Annual Report 2006". For more information, please
check the website: http://english.analysys.com.cn .
About Analysys International
Analysys International is the leading advisor of
technology, media and telecom (TMT) industries in China
with the mission to help their clients make better business
decisions. They provide data, information and advice to
50,000 clients worldwide, representing 1,500 distinct
organizations; they also deliver over 150 consulting
engagements a year, and hold more than 20 events that draw
in over 8,000 attendees. Their clients include executives
from companies like technology vendors, vertical
information technology users, as well as professionals from
professional service companies, the investment community and
government agencies. For more information, please visit the
website at http://english.analysys.com.cn .
For more information, please contact:
Jessica Wang
Analysys International
Tel: +86-10-6466-6565 x394
Fax: +86-10-6466-7103
Email: jessica_wang@analysys.com.cn
SOURCE Analysys International
2007'02.11.Sun
Chinese Consumers Have Greater Affinity With Olympic Sponsors Than Non-Sponsoring Brands
October 18, 2006
68% of Chinese Say the Olympics Makes Me More Interested in the Brands That Sponsor According to Latest WPP Study
BEIJING, Oct. 18 /Xinhua-PRNewswire/ -- Beijing 2008
Olympics sponsors take note: 68% of Chinese would be
significantly more interested in brands that sponsor the
world's biggest sporting event. That's nearly four times
more than US consumers (17%) and five times more than
European consumers (11%). This finding emerges from
SPORTZ(TM), a new study commissioned by WPP Group and
conducted by Millward Brown, a leading brand, media and
communications research company. More than 11,000 sports
fans in China, US, UK, France and Germany were questioned
about their interest, participation, views and impressions
about 45 sports, 50 sporting events and 60 world teams in
this year's survey.
While it may not be surprising that virtually all of
Chinese respondents (94%) for SportZ believe that the
Olympics unites the whole nation, how quickly that belief
is strengthening is amazing. Since the survey was last
conducted in 2004, the number saying that Olympics is
growing more popular has increased to 84% from 30%.
According to Peter Walshe, global director at Millward
Brown and lead researcher of the SportZ study: "This
dramatic shift in awareness means that China is doing an
incredible job educating the public about the Olympics. It
also means that Chinese consumers don't take Olympics
sponsors for granted."
The study further elaborated that China is moving neck
to neck with global averages on relationships with sports
events. This means more sports events in China, combined
with the local consumer's affinity in brands sponsoring
major events, could be a winning combination for companies
looking to increase profits and market share.
According to Esmond K.L. Quek, Chief Executive of Hill
& Knowlton China, whose company is a founding sponsor
of the SportZ survey, "The data from the new SportZ
survey helps our clients make informed decisions about
where and when sponsorship money is best allocated in order
to improve brand awareness, drive brand growth and impact on
the business' bottom line."
Who are those Chinese consumers interested in brands
sponsoring Olympics?
-- Tend to be more male than female (68.7% versus
67.4%)
-- Use the internet more than once a day (67.4%)
-- Is a regular cinema goer (65.9%)
-- Tend to work full time (70.3%)
-- Believe using a famous brand can improve his/her
image (69.2%)
-- Often read advertisements in newspapers and
magazines (68.8%)
-- Usually the first one to buy the latest technology
(68.9%)
Other highlights from the survey
-- Badminton, table tennis and swimming are the most
favorite sports in
China, thanks to strong equity amongst females.
This is different from
other countries where major sports are driven by
men.
-- Basketball is the game most watched on TV by males,
71% of the 16-24
year olds are interested in Basketball, the majority
of whom actually
play it (62%). FIFA World Cup and NBA Finals are
the most favorite
events amongst males.
-- F1 motor racing is the most exciting sport, among
both male and female
respondents. It is growing more popular but cost
too much for fans to
follow.
-- Men's golf is perceived as too boring and cost too
much to follow.
-- Few Chinese have actually been to a major sporting
event in person
(Chinese Premier League tops by 10%). But more than
half Chinese say
they want to see the Beijing Olympics (12% very
likely and 41% quite
likely). This was highest amongst the young people.
68% of 16-24 year
olds compared to 36% of the 55-65 year olds.
About SPORTZ
SportZ is part of the BrandZ(TM) survey conducted
annually by Millward Brown for WPP operating companies such
as Hill & Knowlton and 141 Premiere. BrandZ provides
brand equity measures for more than 30,000 consumer-facing
brands and interviews 650,000 consumers globally. SportZ
asks nearly 2000 Chinese sports fans about their interest,
participation, views and images of key sports, events and
teams. It then fuses (through rigorous statistical
analysis) common questions that add additional, common,
statistical results from TGI's (Target Group Index)/CMMS
(China Market and Media Study) data (format least 70,000
people in China) on brand usage and media consumption.
About Millward Brown
Millward Brown ( http://www.millwardbrown.com ), one of
the world's top 10 marketing research organizations, is
recognized as a leading authority on advertising, marketing
communications, media, and brand equity research. Through
the use of an integrated suite of validated research
techniques - both qualitative and quantitative -- Millward
Brown helps clients build strong brands and services.
Millward Brown has more than 70 offices in 45 countries and
also has several specialized global practices including
Millward Brown Optimor (a global unit focused on helping
clients maximize the returns on their brand and marketing
investments), a Global Media Practice (a global media
effectiveness unit), Millward Brown Precis (a global PR
measurement practice), Dynamic Logic (an online research
firm specializing in measuring advertising and marketing
effectiveness), and KMR (provider of global Target Group
Index [TGI] the world's leading media and market profiling
tool). Millward Brown is part of Kantar, WPP's insight,
information and consultancy arm.
About Hill & Knowlton
Hill & Knowlton is a leading international
communications consultancy, providing services to local,
multinational and global clients. The firm is based in New
York with 71 offices in 40 countries, as well as an
extensive associate network. The agency is part of WPP
Group plc (Nasdaq: WPPGY), one of the world's largest
communications services groups. About 141 Premiere 141
Premiere is the sports and entertainment marketing division
of 141Worldwide, with offices in the US, UK, Europe, the
Gulf and Asia. We believe that evidence led sponsorship
activation can help transform consumer behavior for the
benefit of brands.
About WPP Group
WPP (Nasdaq: WPPGY) is one of the world's leading
communications services groups, providing national,
multinational and global clients with advertising; media
investment management; information, insight &
consultancy; public relations & public affairs;
branding & identity, healthcare and specialist
communications. Our worldwide companies include JWT,
Ogilvy & Mather Worldwide, Y&R, The Voluntarily
United Group, Grey Worldwide, Bates Asia, MindShare,
MediaCom, Mediaedge:cia, Millward Brown, Research
International, Kantar Media Research, OgilvyOne Worldwide,
Wunderman, 141 Worldwide, Hill & Knowlton, Ogilvy
Public Relations Worldwide, Burson-Marsteller, Cohn &
Wolfe, CommonHealth, Sudler & Hennessey, Ogilvy
Healthworld, Enterprise IG, Landor and Fitch among others.
Our companies provide communications services to clients
worldwide including more than 330 of the Fortune Global
500; over one-half of the NASDAQ 100 and over 30 of the
Fortune e-50. We work with over 330 clients in three or
more disciplines; more than 130 clients in four disciplines
and over 100 clients in six or more countries.
Collectively, WPP employs more than 92,000 people in 2,000
offices in 106 countries. For further information, visit
http://www.wpp.com .
For further information or additional results from the
study please contact:
Tzyy Wang
Hill & Knowlton China
Tel: +86-10-5861-7575
Email: twang@hillandknowlton.com.cn
SOURCE Hill & Knowlton
2007'02.11.Sun
Xinhua Finance CEO Ms. Fredy Bush Wins AmCham Women of Influence Award
October 18, 2006
HONG KONG, Oct. 18 /Xinhua-PRNewswire/ -- Ms. Fredy
Bush, founder and CEO of Xinhua Finance Limited (TSE
Mothers: 9399 and OTC: XHFNY), was honored Entrepreneur of
the Year, one of the four categories in the Women of
Influence Awards (WOI) 2006 organized by The American
Chamber of Commerce in Hong Kong in association with the
South China Morning Post. Ms. Bush received the award out
of about 100 entries for the four categories at the award
presentation luncheon held on October 16, 2006 in Hong
Kong.
Photo link:
http://www.xinhuafinance.com/PhotoLinks/WOIAwards2006/fredybush.html
Launched in 2003, the WOI awards are designed to
recognize female achievement in a business world that is
still dominated by men and encourage career excellence,
honoring the winners and helping them inspire and motivate
other women to reach the top of their professions. Along
with Entrepreneur of the Year, the other categories of the
award include Professional of the Year, Young Achiever of
the Year, and Best Company for Women.
Quoted from South China Morning Post's Special Report
on October 17, 2006, Professor Steve Dekrey, Chairman of
the awards' judging panel, said of Ms Bush, "It is
very impressive what she has been able to do with her
finance company in five years. She has built it into a
large, world-class enterprise. It is a unique undertaking,
and it was not obvious it would work. The degree of risk
she undertook was impressive and she overcame some
significant obstacles. Doing business in China is not
simple -- you need to be tenacious. It is also the first
foreign company and the first China company to be listed on
the Tokyo Stock Exchange. Those firsts show the
entrepreneurial nature of Fredy Bush. That's what
entrepreneurship is all about."
Fredy Bush started Xinhua Finance in November 1999,
when China was still not part of the WTO and regulations in
the financial markets remained unclear, but she saw this as
an unprecedented opportunity. Founding the company from an
idea, Fredy was set to build services based on
internationally proven standards and localize them for
China's markets, providing China with tools that domestic
investors could depend on, and providing foreign investors
with the services they are used to in their home markets.
By early 2003, in slightly more than three years, Xinhua
Finance had pioneered and brought into China four core
services -- indices, ratings, financial news and investor
relations. Today, the company has more than 1,000
employees, up from 99 in 2001, with 26 nationalities and
49% of the staff are women. It has offices in 19 locations
and 20 news bureaus across the globe. The first China
concept company to go public in Japan, Xinhua Finance's
valuation reached US$600 million in 2006, grew from US$30
million in 2003, profitable in seven years with over $110
million in revenue.
Entrepreneur of the Year, Ms Fredy Bush, said,
"This is an incredible honor. I am excited about
being considered an entrepreneur because I believe
entrepreneurs are the driving force of growth in economies
globally and that means we create jobs. I feel encouraged
to see that female contributions to the social prosperity
are increasingly recognized. Women face even tougher
challenges than men in achieving their career success. I
hope awards such as Women of Influence help women recognize
their own unique abilities. It is my desire that the public
sphere would improve the disadvantaged and unequal dynamics
for women in society.
"As entrepreneurs, we are risk takers by
definition and pioneers by nature," added Bush,
"I am proud of establishing Xinhua Finance which
itself is an entrepreneurial story. We have hit some bumps
along the way, but thanks to perseverance, we have weathered
the storms. We have now set a fine list of precedents which
have concretely impacted the way people and institutions
invest in China. But more importantly, I am not alone as
an entrepreneur. This award actually represents my team who
chose to believe in a crazy dream I had back in 1999. I
would not be here today if it were not for an incredibly
talented and dedicated team at Xinhua Finance."
Fredy Bush, founder, CEO, and Vice Chairman of Xinhua
Finance Limited, draws on over 20 years of experience and
entrepreneurial success in the Far East. Prior to
establishing Xinhua Finance, Fredy worked in Taiwan from
1985-1990 to establish that its first official futures
market. In 2004, Fredy was listed as one of the "Top
50 Women to Watch" globally by the Wall Street
Journal. In May 2006, she was awarded the Ellis Island
Medal of Honor from the National Ethnic Coalition of
Organizations.
Notes to Editors
About Xinhua Finance Limited
Xinhua Finance Limited is China's unchallenged leader
in financial information and media, and is listed on the
Mothers board of the Tokyo Stock Exchange (symbol: 9399)
(OTC ADRs: XHFNY). Bridging China's financial markets and
the world, Xinhua Finance serves financial institutions,
corporations and re-distributors through four focused and
complementary service lines: Indices, Ratings, Financial
News and Investor Relations. Founded in November 1999, the
Company is headquartered in Shanghai with 20 news bureaus
and offices in 19 locations across Asia, Australia, North
America and Europe.
For more information, please visit
http://www.xinhuafinance.com .
For more information, please contact:
Xinhua Finance
China
Ms. Joy Tsang
Tel: +852-3196-3983, +852-9486-4364 or
+86-21-6113-5999
Email: joy.tsang@xinhuafinance.com
Japan
Mr. Sun Jiong
Tel: +81-3-3221-9500
Email: jsun@xinhuafinance.com
Taylor Rafferty (Media/IR Contact)
Japan
Mr. James Hawrylak
Tel: +81-3-5733-2621
Email: James.hawrylak@taylor-rafferty.com
United States
Ms. Ishviene Arora
Tel: +1-212-889-4350
Email: ishviene.arora@taylor-rafferty.com
Europe
Mr. John Dudzinsky
Tel: +44-20-7614-2900
Email: John.Dudzinsky@taylor-rafferty.co.uk
SOURCE Xinhua Finance Limited
2007'02.11.Sun
Xinhua FTSE Index Announces Quarterly Review Results
October 18, 2006
Zijin Mining Group Entered Xinhua/FTSE China 25 Index
Poly Real Estate Group Entered Xinhua FTSE China A50 Index
Poly Real Estate Group Entered Xinhua FTSE China A50 Index
BEIJING, Oct. 18 /Xinhua-PRNewswire/ -- Xinhua FTSE
Index (XFI), the independent China index provider, held its
quarterly review meeting on October 10, 2006 to review and
approve constituent changes to the Xinhua FTSE Index
Series. All these changes will be applied to the indices,
effective after the close of business on Friday, 20 October
2006 (i.e. on Monday, 23 October 2006).
The quarterly review resulted in constituent changes in
Xinhua/FTSE China 25, A50, 200, 400, 600, Small Cap and B 35
indices.
Jiangsu Expressway (Local code:0177) ranks after 35th
in the eligible universe by total market capitalization and
was automatically deleted from Xinhua/FTSE China 25 index,
according to XFI auto deletion rule. To rebalance the
index, Zijin Mining Group (Local code: 2899) was added into
the index.
Poly Real Estate Group (Local code: 600048) was added
into Xinhua/FTSE China A50 index at the review, and
Shenzhen Yantian Port Holding (Local code: 000088) was
removed to balance the index. Bank of China (Local code:
601988), Daqin Railway (Local code: 601006) and Air China
(Local code: 601111) which launched IPOs in the third
quarter of 2006, were granted fast entry into the
Xinhua/FTSE China A50 Index effective on the sixth trading
day of their IPOs, respectively on July 12, August 8 and
August 25. A company can make fast entry to Xinhua/FTSE
China A 50 index if it ranks top 5 in the eligible A Share
universe by total market capitalization with free float
more than 3% or has more than USD 2.5 billion of total
market capitalization with free float over 5%.
The Xinhua FTSE 200 Index had seven turnovers including
the new additions of Poly Real Estate Group (600048), Datong
Coal Industry(601001), Tianjin Teda(000652), Shenzhen Bao
Heng Group(000031), Beijing Urban Construction(600266),
Shanghai Industrial Development(600748), and Jilin Aodong
Medicine Industry Groups(000623). For details of the
deletions, please refer to the technical notice here.
Based on transparent Ground Rules to ensure consistency
and liquidity, all the Xinhua FTSE indices are reviewed by
the independent Index Committee, which comprises a group of
local and international independent financial market
experts. The Xinhua FTSE Index Series is widely regarded as
the leading measure of the China market by domestic and
international investors and is used as the basis of
Exchange Traded Funds (ETFs) and derivative products on
exchanges around the world. Currently, the total assets
tracking or benchmarked against Xinhua FTSE Indices
worldwide exceeds USD 25 billion.
About Xinhua Index
Established in late 2000, Xinhua Index (XFI), a joint
venture between Xinhua Finance Limited and FTSE, came into
being to facilitate the creation of real-time indices for
the Chinese market. The indices can be used as a basis for
the trading of derivatives, index-tracking funds, Exchange
Traded Funds and as performance benchmarks. The combination
of FTSE's expertise in international indexing with Xinhua
Finance's strong presence and capabilities in China creates
a level of expertise in the Chinese market that is
unprecedented. Providing the combined coverage for the
Shanghai and Shenzhen exchanges, all of the FTSE/Xinhua
indices are designed according to internationally proven
index methodology to ensure products are transparent, clear
and consistent. For daily data and further information,
please visit http://www.ftsexinhua.com .
About FTSE Group
FTSE Group is a world-leader in the creation and
management of indices. With offices in London, Frankfurt,
Hong Kong, Madrid, Paris, New York, San Francisco, and
Tokyo, FTSE Group services clients in 77 countries
worldwide. It calculates and manages the FTSE Global
Equity Index series, which includes world-recognised
indices ranging from the FTSE All-World Index, the
FTSE4Good series and the FTSEurofirst Index series, as well
as domestic indices such as the prestigious FTSE 100. The
company has collaborative arrangements with the Athens,
AMEX, Cyprus, Euronext, Johannesburg London, Madrid, NASDAQ
and Taiwan exchanges, as well as Nomura Securities, Hang
Seng and Xinhua Finance of China, FTSE recently signed an
agreement with Dow Jones Indexes to develop a single sector
classification system for global investors.
FTSE indices are used extensively by investors
world-wide for investment analysis, performance
measurement, asset allocation, portfolio hedging and for
creating a wide range of index tracking funds. Independent
committees of senior fund managers, derivatives experts,
actuaries and other experienced practitioners review all
changes to the indices to ensure that they are made
objectively and without bias. Real-time FTSE indices are
calculated on systems managed by Reuters. Prices and FX
rates used are supplied by Reuters.
About Xinhua Finance Limited
Xinhua Finance Limited is China's unchallenged leader
in financial information and media, and is listed on the
Mothers board of the Tokyo Stock Exchange (symbol: 9399)
(OTC ADRs: XHFNY). Bridging China's financial markets and
the world, Xinhua Finance serves financial institutions,
corporations and re-distributors through four focused and
complementary service lines: Indices, Ratings, Financial
News and Investor Relations. Founded in November 1999, the
Company is headquartered in Shanghai with 20 news bureaus
and offices in 19 locations across Asia, Australia, North
America and Europe. For more information, please visit
http://www.xinhuafinance.com .
SUMMARY OF INDEX CHANGES
Xinhua/FTSE China 25 Index
Inclusion: 1
Exclusion: 1
Xinhua FTSE China B 35
Inclusion: 1
Exclusion: 1
Xinhua/FTSE China A50 Index
Inclusions: 1
Exclusions: 1
Xinhua FTSE 200 Index
Inclusions: 7
Exclusions: 7
Xinhua FTSE 400 Index
Inclusions: 30
Exclusions: 30
Xinhua FTSE Small Cap Index
Inclusions: 27
Exclusions: 17
For more information, please contact:
Beijing
Catherine Song
Xinhua FTSE Beijing office
Tel: +86-10-5864-5275
Email: catherine.song@xinhuafinance.com
Hong Kong
Joy Tsang
Xinhua Finance
Tel: +852-3196-3983
+86-21-6113-5999
Email: joy.tsang@xinhuafinance.com
Meredith Blakemore
FTSE Asia Pacific
Tel: +852-2230-5801
Email: Meredith.blakemore@ftse.com
New York
Lynne Sims
FTSE Americas
Tel: +1-212-641-6168
Email: lynne.sims@ftse.com
London
Sabrina Bhangoo
FTSE Group
Tel: +44-20-7866-1821
Email: media@ftse.com
SOURCE Xinhua FTSE Index
2007'02.11.Sun
Introduction to the Australia China Business Forum
October 18, 2006
BEIJING, Oct. 18 /Xinhua-PRNewswire/ -- On Monday 23rd
October the Australian Chamber of Commerce in Beijing is
hosting the Beijing leg of the 2nd Bi-Annual Australia
China Business Forum. The Australia China Business Forum is
an initiative of the Australia China Business Council (ACBC)
in collaboration with AustCham Beijing, AustCham Shanghai
and AustCham Hong Kong, with the support of the Australian
Department of Foreign Affairs and Trade.
The Forum is a nationwide event running from the 22nd-
27th October with events in Beijing, Shanghai and Hong
Kong, culminating in the Australia China Business Awards
ceremony in Hong Kong on the evening of Thursday 26th
October at the Grand Hyatt Hotel.
The Forum will bring together a wide range of prominent
experts from government and business to share their
experiences on the immediate opportunities presented by the
China-Australia relationship and will share their thoughts
on the future direction of that relationship.
The Beijing events will be inaugurated by the
Australian Ambassador to China and invited VIP guest
speakers include: the Governor of Victoria, Professor David
de Kretser, A.C.; Vice Mayor of Beijing, Mr. Lu Hao;
Parliamentary Secretary to the Australian Minister for
Foreign Affairs, the Hon. Teresa Gambaro MP; Chinese Deputy
Minister of Commerce, Ms Ma Xiuhong; Director of the Tianjin
Binhai New Area, Mr. Pi Qiansheng.
These events, hosted at the Intercontinental Financial
Street in Beijing, will involve topical speeches from these
leading politicians followed by a series of lectures on a
range of issues from experts in their fields, ranging from
finance to HR to mining. The day will conclude with a gala
dinner featuring a keynote speech from the Governor of
Victoria.
The event is proudly sponsored by:
-- Deacons, one of Australia's leading law firms
-- MetalChina
-- Macquarie Bank
-- PMI International
-- ANZ Bank
-- Sinogold
For more information, please contact:
Kelvin Han
Tel: +86-10-5869-00655 x210
Fax: +86-10-5869-7326
Cell: +86-138-1105-6065
Email: kelvin.han@mediasoda.cn
Gloria Bai
Tel: +86-10-5869-0655 x213
Fax: +86-10-5869-7326
Cell: +86-10-138-1170-7981
Email: gloria.bai@mediasoda.cn
SOURCE Australia China Business Forum
2007'02.11.Sun
European Companies Now Have Easier Access and Supply Chain Flows with China and Asia
October 18, 2006
Asia's Premier Third Party Logistics and Freight Forwarding Company Expands into Germany and the European Continent
HONG KONG, Oct. 18 /Xinhua-PRNewswire/ -- With a well
established Asian business driven by almost 6,000 people,
4,000 in China alone, Kerry Logistics is now establishing a
pan European presence with the opening of initial offices in
Germany, Austria and Switzerland. Kerry Logistics (Central
Europe) GmbH, headquartered in Hamburg, commenced
operations in eight locations across Germany, Austria and
Switzerland on September 1st. Michael Dieckmann, Managing
Director responsible for Germany, Central and Eastern
Europe, said that while Kerry Logistics has a very strong
heritage in China and Asia it has also been rapidly
establishing a global footprint with well established
businesses in Great Britain, Spain and as far away as
Australia.
Trade between the European countries and China/Asia has
been growing rapidly and Kerry Logistics' heritage,
expertise and 120 locations across China will be an
essential benefit to European customers wishing to improve
their China access and their supply chain price-performance
ratio. The quality and expanse of Kerry Logistics' service
portfolio and logistics centres across China and Asia have
set a new standard for competitors to try to emulate, and
that's a difficult task in China. Servicing an extensive
portfolio of medium to large corporations Kerry Logistics
covers diverse market segments such as retail and lifestyle
consumer goods, electronics as well as mechanical
engineering and automotives.
With its headquarters in Hong Kong Kerry Logistics has
operations in 260 cities in the Asia Pacific region and
their global network covers six continents. Aside from
array of China distribution centres for general cargo,
specialised facilities also handle bonded cargo, dangerous
goods, temperature controlled and perishable goods plus an
ever growing fleet of vehicles to ensure that cargo is
moved safely and efficiently throughout China and Asia.
Their 700 plus operating licences in China alone smooth the
way for a complex variety of freight forwarding and
logistics requirements from their international clients.
Kerry Logistics is clearly emerging as a global
logistics force. It is part of the Kuok Group, an Asian
conglomerate with almost 60 years of development in China
and Asia. Their substantial business interests include
logistics, properties, hotels, food & beverage, oils
& grains, media, shipping, air cargo carrier and
insurance. Renowned brands include Shangri-La (hotels
& resorts), South China Morning Post and Bangkok Post
(media), Kerry Properties (property), PACC Line (shipping),
Jerneh Insurance (insurance), Jin Long Yue (edible oils) and
many more.
According to Dieckmann, over the next two years further
expansion will include other German language countries and
Czech Republic, Slovakia, Hungary and Poland.
For more information, please contact:
Emily Kwan
Head of Corporate Communications
Kerry Logistics
Tel: +852-2410-3600
Fax: +852-2480-5958
Email: corpcom@kerrylogistics.com
SOURCE Kerry Logistics
2007'02.11.Sun
Kerry Logistics Expanding Their Network to India
October 18, 2006
HONG KONG, Oct. 18 /Xinhua-PRNewswire/ -- Following the
expansion in Central Europe in September, Kerry Logistics
(hereafter called "KL") has just acquired 51%
share of Reliable Freight Forwarders Pvt Ltd (hereafter
called "RFF") in India and will be renamed as
"Kerry Reliable Logistics Pvt Ltd.".
Established in 1996, RFF is an Indian-based freight
forwarding company. On top of the head office located at
Chennai, RFF has 5 branch offices in New Delhi, Bangalore,
Mumbai, Tirupur and Tuticorin. Riding on its solid
foundation, RFF offers value-adding supply chain management
solutions and provides comprehensive logistics services in
India, including international sea and air freight
forwarding, local transportation with self-operated
trucking fleets, inland container depots, container freight
stations, shipping agency, contract and project logistics.
China and India have been identified by the global
economists as the "Asia Power Houses" in the
recent years. Kerry Logistics has already established a
comprehensive Pan-China Network with 120 self-owned offices
and over 100 cargo facilities in Mainland China. With the
new venture in India, KL's Asian network is further
strengthened for empowering their global/regional customers
to rise to the challenges of their supply chain in Asia.
With its headquarters in Hong Kong, KL has more than
210 self-owned offices in 20 countries and a global network
covering six continents. Aside from array of China
distribution centres for general cargo, specialised
facilities also handle bonded cargo, dangerous goods,
temperature controlled and perishable goods plus an ever
growing fleet of vehicles to ensure that cargo is moved
safely and efficiently throughout China and Asia. Their
700 plus operating licences in China alone smoothen the way
for a complex variety of freight forwarding and logistics
requirements from their international clients.
KL is clearly emerging as a global logistics force. It
is part of the Kuok Group, an Asian conglomerate with almost
60 years of development in China and Asia. Their
substantial business interests include logistics,
properties, hotels, media, shipping, air cargo carrier and
insurance. Renowned brands include Shangri-La Hotels,
South China Morning Post and Bangkok Post, Kerry
Properties, Pacific Carriers Limited, Jerneh Insurance,
Arawana and many more.
For more information, please contact:
Emily Kwan
Head of Corporate Communications
Kerry Logistics
Tel: +852-2410-3600
Fax: +852-2480-5958
Email: corpcom@kerrylogistics.com
SOURCE Kerry Logistics
2007'02.11.Sun
World Renowned Mega Show Part 1 and the Brand New Mega Macao Jointly Built the Most Extensive Trade Platform in October
October 18, 2006
HONG KONG, Oct. 18 /Xinhua-PRNewswire/ -- Kenfair
International (Holdings) Limited ("Kenfair
International" or with its subsidiaries the
"Group"; SEHK Code: 223), one of the most famous
Hong Kong-based trade fair organizers, will launch a brand
new mega trade fair in Macao in October 2007, added to its
flagship trade event -- "Hong Kong International Toys
& Gifts Show" and "Asian Gifts Premium &
Household Products Show" (collectively known as the
"Mega Show Part 1"), these two shows will provide
international exhibitors and buyers the most extensive trade
platform in Asia at the peak sourcing season in October.
In the past 15 years, "Mega Show Part 1" has
developed from a trade show with only 150 exhibitors at its
debut into one of the world most successful events and was
accredited as a "UFI-approved event" by the
Global Association of the Exhibition Industry in 2002.
This year, the show attracted over 3,400 exhibitors and the
booth numbers have tremendously increased to approximately
5,300.
Riding on the success of the show, Kenfair
International further accomplishes its mission -- to
provide a gateway through which Asian manufactures can meet
with buyers from around the world -- by launching another
mega trade fair in Macao.
With all favourable factors including the advantageous
geographic location, comprehensive infrastructure and
governmental support to the exhibition industry, Kenfair
International will launch its first ever trade fair --
"Mega Macao" in the city in October 2007, which
is expected to attract huge number of exhibitors that have
not been seen in Hong Kong.
Adding this "Mega Macao" to its well
acclaimed "Mega Show Part 1", Kenfair
International renders exhibitors and buyers an extended
business opportunity at the peak sourcing season in
October.
About Kenfair International (Holdings) Limited
Established in 1991, Kenfair International is a leading
trade fair organizer in Hong Kong. Its flagship trade
exhibitions include the "Mega Show" Series, Hong
Kong Spring Fair, Hong Kong International Furniture Fair in
Hong Kong, Asia Expo in London, Las Vegas and Poland.
Kenfair international also runs a trade portal website:
http://www.kenfair.com and publishes a tri-annual trade
magazine, MegAsia.
For media enquiries, please contact:
Liz Liu / Ezena Tang
Tel: +852-2311-8216
Fax: +852-2311-6629
Email: liz.liu@kenfair.com / ezena.tang@kenfair.com
Website: http://www.kenfair.com
SOURCE Kenfair International (Holdings) Limited
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