A summary of news releases for February 20 and 21, 2006, compiled by Business Wire, the global leader in news distribution. To view any of these news release on Business Wire's website, please go to www.businesswire.com.
1) Category Code: Hardware
FUNAI PURCHASES MOORE MICROPROCESSOR PATENT(TM) PORTFOLIO LICENSE
Alliacense today announced that Funai Electric Co., Ltd. has purchased a Moore Microprocessor Patent(TM) (MMP) Portfolio license from The TPL Group, thereby joining 13 other global manufacturers that have captured early-mover MMP licensing berths in specific industry segments. Alliacense confirmed that subsequent licensees in segments where early tiers have been secured are subject to progressively higher royalty rates.
2) Category Code: Technology
PANORAMA LABS' BREAKTHROUGH TECHNOLOGIES TO BRIGHTEN THE FUTURE OF DIGITAL ENTERTAINMENT
Panorama Labs, the company pioneering digital entertainment technologies, announced today that it has achieved significant breakthroughs in the areas of magneto-optics and fiber-device technology that promise to revolutionize the way images are projected and displayed. Panorama Labs' technologies will dramatically improve the quality and economics for a wide range of existing product categories, from large-area flat-panel displays to theatrical and consumer projectors, head-mounted "virtual reality" goggles, and handheld electronic games.
3) Category Code: Environment
GE BRINGS ECOMAGINATION TO INDIA
General Electric Company (GE) today announced the launch of the company's innovative ecomagination initiative in India -- designed to bring to market new technologies that will help customers address their most pressing environmental challenges such as the need for cleaner, more efficient sources of energy, reduced emissions and abundant sources of clean water.
4) Category Code: Networking
TELENOR SATELLITE SERVICES PREVIEWS NEW SECURE NETWORKING TECHNOLOGY
Telenor Satellite Services, a subsidiary of Telenor of Norway today previewed Terralink Secure(TM), the first in a series of secure networking value added services to enable users to more effectively monitor and filter security attacks and unwanted Internet content over satellite communications.
5) Category Code: Technology
WESTERN UNION EXTENDS AGREEMENT WITH INDIA'S WEIZMANN FOREX LIMITED
The Western Union Company, a leading provider of money transfer services, today confirmed a multi-year agreement with its Agent, Weizmann Forex Limited, to provide money transfer services in India, via more than 10,000 locations. Weizmann Forex has been a Western Union Agent since 2001 and is one of the leading Agents in India.
6) Category Code: Energy
GE TO SUPPLY ECOMAGINATION PRODUCTS FOR DYNOIL'S ALTERNATIVE ENERGY INITIATIVE
GE is supplying its ecomagination-certified solar energy modules and water filtration technology to a new initiative, launched by Dynoil LLC, to increase the availability of clean drinking water in rural areas of India and in other developing countries of Southeast Asia and Africa.
7) Category Code: Environment
GE ENERGY ANNOUNCES AVAILABILITY OF NEW IMPULSE CLEANING SYSTEM FOR ENHANCED BOILER OPERATION
GE Energy has announced the availability of it's new product, Powerwave+(TM), an innovative impulse cleaning system that enhances boiler operation at power generation plants that burn coal to produce electricity and minimizes high maintenance and expenses associated with other cleaning methods.
8) Category Code: Gas/Oil
QATAR PETROLEUM AND EXXONMOBIL TO LAUNCH BARZAN GAS PROJECT
Qatar Petroleum and Exxon Mobil Corporation announced today that Qatar Petroleum has offered participation in the Barzan gas project and rights for participation in all future phases of the project to ExxonMobil Middle East Marketing Ltd. (ExxonMobil). In parallel with these discussions, the two entities have collectively decided not to progress the Gas to Liquids (GTL) project and instead to pursue the development of the Barzan Project in the North Field.
9) Category Code: Environment
GE ENERGY'S FILTRATION TECHNOLOGY RECEIVES ECOMAGINATION CERTIFICATION
GE Energy's PulsePleat(R) filtration technology has received ecomagination certification after completing the company's rigorous environmental and operational evaluation. It was cited as one of a number of successful GE projects during the formal launch of GE's ecomagination program in New Delhi, India.
10) Category Code: Energy
GE ENERGY'S JENBACHER BIOGAS ENGINES POWER COW MANURE METHANE-TO-ENERGY PLANT IN INDIA
A GE Energy Jenbacher biogas engine is powering a successful demonstration cattle manure-methane cogeneration plant at a large dairy complex in India's northwestern state of Punjab, helping to address the region's mounting energy and environmental needs.
11) Category Code: Finance
OPNEXT, INC. ANNOUNCES CLOSING OF PUBLIC OFFERING AND UNDERWRITERS' EXERCISE OF OPTION TO PURCHASE ADDITIONAL SHARES
Opnext, Inc. announced today the completion of its initial public offering of 16,909,375 shares of common stock at a price to the public of $15.00 per share (before underwriting discounts and commissions). Of those shares, the Company offered 10,000,000 shares and selling stockholders offered 6,909,375 shares.
12) Category Code: Finance
CORRECTING AND REPLACING OPNEXT, INC. ANNOUNCES CLOSING OF PUBLIC OFFERING
In BW6165 issued Feb. 20, 2007: Headline of release should read: Opnext, Inc. Announces Closing of Public Offering (sted Opnext, Inc. Announces Closing of Public Offering and Underwriters' Exercise of Option to Purchase Additional Shares).
13) Category Code: Retail
PODS - ANNOUNCES NEW LOCATIONS IN CANADA AND THE UNITED STATES AND PARTICIPATION IN THE PODS(R) CHAMPIONSHIP ON THE PGA TOUR
PODS Enterprises, Inc. ("PODS"), an international provider of mobile storage and moving solutions, announced the opening of Vancouver, Canada servicing North and West Vancouver as well as New Westminster, Burnaby, Surrey, Langley, Abbotsford, Richmond, Mission, White Rock, Delta, Coquitlam, Port Coquitlam and Port Moody. PODS is also available in Toronto, Canada.
14) Category Code: Finance
CARVAL INVESTORS, LLC ANNOUNCES CLOSING OF CVI GLOBAL VALUE FUND
CarVal Investors, LLC (formerly Cargill Value Investment) announced today the closing of CVI Global Value Fund, a fund formed to invest in loan portfolios, real estate, corporate securities and special opportunities. Subscriptions accepted by CVI Global Value Fund totaled $5.75 billion.
15) Category Code: Oil/Gas
MATSON INCREASES FUEL SURCHARGE BY TWO PERCENTAGE POINTS
As a result of recent increases in bunker fuel prices, Matson Navigation Company announced today that it is raising its fuel surcharge in its Hawaii and Guam/CNMI services by two percentage points, from 17.5 to 19.5 percent, effective March 11, 2007.
16) Category Code: Software
ESMERTEC ANNOUNCES RESULTS FOR 2006, A TRANSITION YEAR
Esmertec(TM), a focused provider of software and services to communications device manufacturers and mobile telecom operators, announced today its results for the financial year ended December 31, 2006. The company's results are the outcome of two entirely different half years. After a sharp decrease in revenues in the first six months to USD 9.3 million, business returned back on track in the second half of the year: revenues reached USD 15.5 million resulting in total revenues of USD 24.8 million for 2006, compared to USD 39.2 million in 2005, in line with management's guidance. Esmertec expects total revenues to be over USD 34 million for the full year 2007.
17) Category Code: Finance
CITIGROUP PROPERTY INVESTORS CLOSES US$1.29 BILLION CPI CAPITAL PARTNERS ASIA PACIFIC, L.P. FUND
Citigroup Property Investors (CPI) today announced the final close of CPI Capital Partners Asia Pacific, L.P. The $1.29 billion Fund invests in real estate and real estate-related assets throughout the Asia Pacific region, with a primary focus on Greater China and India. Citigroup and the investment team are committing $200 million of capital to the Fund.
18) Category Code: Media
SHINE MEDIA ACQUISITION CORP. ANNOUNCES SEPARATE TRADING OF COMMON STOCK AND WARRANTS
Shine Media Acquisition Corporation ("the Company") announced today that, as of February 23, 2007, holders of the Company's units can separately trade the common stock and warrants included in such units. The symbols for the common stock, warrants and units are SHND, SHNDW, and SHNDU respectively.
19) Category Code: Entertainment
RAKETU LAUNCHES RAKETU.TV, FIRST INTEGRATED IPTV AND SOCIAL NETWORKING SERVICE
Raketu Communications Inc., the global Internet communications, information and entertainment company, today launched Raketu.tv, its beta ipTV and Video on Demand (VOD) services. Raketu.tv is the first integrated ipTV and social networking service available to all consumers. Beginning immediately, users will be able to watch videos and streaming TV from around the world while interacting with each other through Raketu's peer-to-peer (p2p) communications service.
20) Category Code: Software
SIGNIFICANT PROGRESS MADE TOWARD CREATION OF JOINT BLU-RAY DISC(TM) PATENT LICENSE
MPEG LA announced today that the fourth meeting of essential Blu-ray Disc(TM) patent owners, currently consisting of 18 companies, was held in New York on February 6-7 for the purpose of creating a joint license providing fair, reasonable, non-discriminatory access to essential patents, as an alternative to negotiating separate licenses. Significant progress has been made in identifying licensing terms for Blu-ray Disc(TM) products such as players, recorders, drives, software, recordable discs and prerecorded discs. Participating companies include CyberLink Corporation; Dell Inc.; Hewlett-Packard Company; Hitachi Ltd.; Koninklijke Philips Electronics N.V.; LG Electronics Inc.; Matsushita Electric Industrial Co., Ltd. (Panasonic); Mitsubishi Electric Corporation; Pioneer Corporation; Samsung Electronics Co., Ltd.; Sanyo Electric Co., Ltd.; Sharp Corporation; Sonic Solutions; Sony Corporation; TDK Corporation; Victor Company of Japan, Ltd.; and Warner Home Video Inc.
21) Category Code: Energy
APPLIED PLASMONICS ANNOUNCES ITS 120TH PATENT FILING, WITH ENERGY-EFFICIENT LIGHT GENERATION A MAJOR FOCUS
Applied Plasmonics, Inc. today announced the filing of the company's 120th patent application, with a specific focus on protecting its efficient light-generation technology. According to Henry Davis, Chief Operating and Financial Officer of Applied Plasmonics, the company has been investing heavily in protecting the Intellectual Property required to manufacture or use Nantenna(TM) ultra-small resonant structure based light emitters. Davis declined to state the total invested in the patent program, but characterized it as "substantial" and ongoing.
22) Category Code: Software
SYSTAT SOFTWARE INTRODUCES SYSTAT 12 PROVIDING USERS WITH A COMPREHENSIVE STATISTICAL ANALYSIS SOFTWARE PACKAGE
Systat Software, Inc., a leading developer and supplier of award-winning scientific software and services, today introduced SYSTAT 12, providing scientists and professional researchers advanced statistical and graphical capabilities with improved ease-of-use and analytical efficiency.
23) Category Code: Manufacturing
ALCOA ESTABLISHES INNOVATION CENTER IN RUSSIA
Alcoa announced today that it has established an Innovation Center of Excellence with leading universities in Russia to work on research and development projects focused on innovative mining, refining and smelting technologies.
24) Category Code: Pharmaceutical
NEW APPROACH FOR INTEGRATING R&D DATA AND WORKFLOWS GAINS MOMENTUM IN PHARMACEUTICAL INDUSTRY
More than 75 pharmaceutical, biotechnology and chemical companies have licensed the new, open-technology MDL(R) Isentris(R) system to address common R&D challenges, Elsevier MDL has announced. Leading research companies turning to the new-generation Isentris system include more than half of Elsevier MDL's top 30 customers.
25) Category Code: Technology
BLAZE DFM AND APRIO TECHNOLOGIES ANNOUNCE AGREEMENT TO MERGE
Blaze DFM, the electrical DFM company, announced today that they have signed a letter of intent to merge with Aprio Technologies, a technology leader in providing design for manufacturability (DFM) solutions to the semiconductor industry. The integration of Aprio's analysis and simulation engines into the Blaze product line enables Blaze to offer the industry's only comprehensive electrical DFM solution. Financial terms of the agreement were not announced. The merger is expected to be finalized within the next few weeks.
ASIA PULSE 22-02 1446
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