AsiaNet Daily Summary, Press Releases for Friday, December 21, 2007
SOCIAL NETWORKING… GENEVA: WISeKey and Publicis Live are inviting their partners and customers to join “Hightrusted.com”, a highly trusted social network platform. This platform provides a high-level digital identity solution, which verifies and authenticates the user’s identity, thus enabling a safer virtual world and bringing protection and peace-of-mind to users and their trustees.
www1.wisekey.com/company/default.aspx EURO RSCG… NEW YORK: Les Agences de l’Annee, a key trade organization for the European communications industry, has named Euro RSCG Worldwide “The European Communications Group of the Year.” UTC ACQUISITION… BEIJING: UTC Fire & Security announced that it has entered an agreement to acquire an additional 7.0% share of GST Holdings Limited, bringing the company’s total ownership to 25.8%. The transaction is subject to regulatory clearance. www.utcfireandsecurity.com AERCAP ANNOUNCEMENT… AMSTERDAM: AerCap Holdings N.V. today announced that it has closed three debt financing transactions during the fourth quarter of 2007, increasing committed funding by US$440 million. QUALCOMM GUIDANCE… SAN DIEGO: Qualcomm Incorporated today updated its financial guidance for the first fiscal quarter ending December 30,2007. www.qualcomm.com G.729 CONSORTIUM… MONTREAL: Sipro Lab Telecom, the administrator of the G.729 Patent Pool which represents the essential IPR and has contributed to this popular communications standard developed by the G.729 Consortium members: France Telecom, Nippon Telegraph and Telephone Corporation, Mitsubishi Electric Corporation, and Universite de Sherbrooke, announced today that the patent royalty pricing options available to end-product manufacturers will be modified as of January 1st, 2008. www.sipro.com FANNIE MAE… WASHINGTON, D.C.: Fannie Mae will redeem the principal amount of MTN securities issues amounting to a total of US$625 million on January 3, 2008 at a redemption price equal to 100 percent of the principal amount redeemed plus accrued interest. Fannie Mae will also redeem the principal amount of MTNR securities issues amounting to a total of US$75 million on December 30, 2007 at a redemption price equal to 100 percent of the principal amount redeemed plus accrued interest. http://www.fanniemae.com DUFF & PHELPS… NEW YORK: Duff & Phelps Corporation, a leading provider of independent financial advisory and investment banking services, today announced the creation of two new Group Head positions. Dan Peters was named Financial Advisory Segment Leader and Steve Burt was named Investment Banking Segment Leader. www.duffandphelps.com AMERICAN GREETINGS… CLEVELAND: American Greetings Corporation today announced its third quarter results for the fiscal quarter ended November 23, 2007 and announced a 10 cent per share cash dividend. http://corporate.americangreetings.com http://photoarchive.ap.org www.newscom.com/cgi-bin/prnh/20060321/CLTU081LOGO ALIBABA USA HANGZHOU and NEW YORK: In a move aimed at enabling consumers in Mainland China to buy directly online from North American retailers, Alipay, China’s leading independent third-party online payment platform and a subsidiary of Alibaba Group, today announced a cooperation agreement with Philliou Selwanes Partners (PSP), a New York City based consulting and advisory firm. PSP will be the cooperation agency of Alipay to promote the acceptance of this Chinese payment service to North American merchants. www.alipay.com www.philliouselwanes.com REUTERS MAHARASHTRA… MUMBAI: Reuters today announced a partnership with Maharashtra’s Postal Circle, to distribute, sell and support Reuters Market Light (’RML’). Reuters Market Light is a unique mobile information service for Indian farmers from Reuters, and is now available in local post offices across Maharashtra state. www.reuters.com PAN PACIFIC… SINGAPORE: Pan Pacific Hotels and Resorts announces its plans to debut in Tianjin, China’s third largest city and add a second hotel in Singapore. This is part of its growth strategy to extend its brand footprint and establish and consolidate its presence in key cities around the world. www.panpacific.com RABBIT RABBITCORE… DAVIS: Rabbit is proud to announce the RCM4300 series of RabbitCore modules. The RCM4300 series enables a new generation of applications that use more memory for data and code. The on-board mass storage provides even more performance and easier design than any other alternative in its price range. www.rabbit.com/press/productPhotosLogos.shtml www.rabbit.com www.xprn.com/xprn/sa/200706131247.jpg BIRKART GLOBISTICS… ASCHAFFENBURG, and LIMA: Exemplary donation campaign: Across the world, the employees of Birkart Globistics air + ocean have been busy collecting money and the Thiel Group company has doubled the amount donated rounding it up to a total of 25,000 US dollars. The money will be used by the aid organisation CARITAS DEL PERU. www.birkart.com www.thiel-logistik.com CHINA EASTERN… HONG KONG: After a week’s investor roadshow to Hong Kong, Singapore and Beijing, China Eastern Airlines Corporation Limited exudes confidence that it will win shareholders’ support at an extraordinary general meeting to be held on January 8, 2008 where resolutions will be passed to approve the strategic cooperation plan with Singapore Airlines Limited and Temasek Holdings Limited. AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients. Visit www.asianetnews.net for full-text versions.