QualiSystems Accelerates Growth in APAC

September 14th, 2009 LONDON - - Room Rates at Their Lowest for Five Years The average price of a hotel room around the world fell by 17% in the first six months of 2009, according to the latest Hotels.com Hotel Price Index. Hotel prices in June 2009 were more than one sixth lower than they were the year before and room rates were just 1% above their level in January 2004, when the Hotel Price Index was started.

September 4th, 2009 Mumbai, September 4, 2009 – Frost & Sullivan, for the first time, hosted ‘2009 India excellence in Healthcare Awards’ on 4th September, 2009, at Intercontinental-The Lalit, Mumbai. The Event attended by the crème de la crème of the healthcare industry spotlighted world-class companies that have performed par excellence and demonstrated best practices.

August 19th, 2009 TEL AVIV, Israel - - Saros Signs up to Distribute TestShell System to the UK Market QualiSystems Ltd (www.qualisystems.com), a leading international provider of advanced test automation solutions, today announced that Saros Ltd (www.saros.com) has become the official UK distributor of its award-winning TestShell system. Saros, a leading supplier of Electronic Design Automation (EDA) software, support, and training in the UK, joins forces both with QualiSystems' local UK sales office and its expanding network of top global distributors across North America, EMEA, and APAC.

July 28th, 2009 LONDON - - Frost & Sullivan to Host Analyst Briefing on the Global Defence Budget on Tuesday, 11 August 2009 at 4:00pm BST Frost & Sullivan will host a live briefing open to all on Tuesday, 11 August at 4:00pm BST to provide industry participants with an overview of current and anticipated trends in the global defence industry. (Logo: www.newscom.com/cgi-bin/prnh/20081117/FSLOGO) The economic slowdown of 2008 ushered in a range of changes and challenges to the global defence industry and forced national policy makers and budget experts to creatively implement broad cost cutting measures without compromising national security.

July 7th, 2009 LONDON - - Frost & Sullivan to Host Analyst Briefing on Welding Industry on Wednesday, 15 July 2009, at 14.00 BST The economic downturn has affected the global welding industry, particularly in Europe and the Americas. In response, market participants have been preparing for intense competition while concurrently trying to move toward regions and end user industries that offer potential growth opportunities during the downturn.

July 1st, 2009 LONDON - - Frost & Sullivan to Host Analyst Briefing: Global Logistics and Transportation Industry Outlook 2009 on Thursday, 9 July 2009 at 16:00 BST Filled with unpredictable highs and lows, 2008 was a veritable rollercoaster ride for global trade. Innovative solutions and strategies are now being employed by various stakeholders to cushion the blow of this economic downturn.

June 29th, 2009 LONDON - - Frost & Sullivan to Host Analyst Briefing on the APAC Market for Electric Vehicles on Tuesday, 7 July 2009 at 09:00 BST Frost & Sullivan will host a live briefing open to all on Tuesday, 7 July at 09:00 BST to provide industry participants with an overview of emerging trends and forward projections for the APAC market for electric vehicles. (Logo: www.newscom.com/cgi-bin/prnh/20081117/FSLOGO) Electric vehicles are seen as the future trend in the automotive industry in terms of oil independence.

May 17th, 2009 TEL AVIV, Israel - Studio - The innovative addition to the TestShell suite offers advanced drag-and-drop multi-sequence test creation for complex testing environments QualiSystems, a leading provider of advanced test automation solutions, announced today the launch of TestShell Studio, the innovative latest addition to the TestShell system, at Interop Las Vegas, May 19th - 21st, booth #1956. TestShell Studio is a unique user-friendly test creation solution that enables easy and independent design of complex test scenarios without programming.

April 7th, 2009 PALO ALTO, California - Sukhinder Singh Cassidy Brings Growth and Early Stage Experience to the Global Firm Accel Partners, a leading global venture and growth equity firm funding companies from inception through the growth stage, today announced the addition of Sukhinder Singh Cassidy as CEO-in-Residence. Ms. Singh Cassidy joins Accel from Google where she served most recently as President for Asia-Pacific (APAC) & Latin American Operations.

April 7th, 2009 LONDON - The Aerospace & Defense Group at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the APAC Low Cost Airline Market to be held on Thursday, April 30, 2009 at 3 p.m. GMT. (Logo: www.newscom.com/cgi-bin/prnh/20081117/FSLOGO) When Air Asia commenced operations in 2001, introducing a full-scale low cost business model in the region, critics and analysts considered this a certain recipe for failure as they claimed it does not suit the market conditions in APAC.

March 20th, 2009 NEW DELHI - Global wireless solutions group, Radio Frequency Systems (RFS), today announced the opening of a new manufacturing plant in Kolkata, for its market-leading microwave antenna systems. The first phase of a major investment by RFS in the country, this state-of-the-art manufacturing plant will enable RFS to meet the burgeoning requirement across India and later the APAC region for microwave connectivity in mobile backhaul and transmission backbone applications.

July 16th, 2009 China's growth accelerates to 7.9 percent in Q2BEIJING — China's economic growth accelerated to 7.9 percent from a year earlier in the second quarter amid a stimulus-fueled surge in consumer spending, factory output and investment, the government reported Thursday. The growth rate for the world's third-largest economy was up from the previous quarter's 6.1 percent, the National Bureau of Statistics reported.

June 30th, 2009 NEW DELHI - Progressive Infotech, a leading independent provider of ICT Infrastructure Services, opened a new international subsidiary in Singapore. In 2008, Progressive had set up a subsidiary in Dubai to expand its presence in the Middle Eastern market.

July 16th, 2009 China's economic growth accelerates amid stimulusBEIJING — China's economic growth accelerated in the second quarter amid a stimulus-fueled investment boom, boosting hopes the world's third-largest economy is emerging from the global downturn. The economy expanded by 7.9 percent in the April-June period from a year earlier, up from 6.1 percent growth in gross domestic product the previous quarter, the National Bureau of Statistics reported Thursday.

August 18th, 2009 NEW DELHI - A panel of experts have determined that China's carbon emissions output could peak around 2030 if the government continues to be serious about "strengthened measures" to improve energy efficiency and if it accelerates exploration of renewable energy. According to the panel from the National Development and Reform Commission and the Development Research Center of the State Council, with the right policies, emissions growth could slow after 2020, with a peak around 2030.

July 3rd, 2009 Repayment of UK mortgage debt accelerates in 1QLONDON — U.K. homeowners paid down mortgage debt in the first quarter at the fastest rate in a year, shrinking the pool of money available for retail spending, the Bank of England said Friday.

June 23rd, 2009 KOLKATA - Life Insurance Corp of India (LIC), the country's largest life insurer, is targeting 20 percent growth in premium this fiscal, a top official said here Tuesday. "Last year we have received total premium of Rs.155,000 crore.

August 31st, 2009 India's economic growth accelerates to 6.1 percentMUMBAI, India — India's economy picked up pace in the latest quarter as government spending helped to overcome the worst of the global downturn but drought threatens to stall the recovery. Growth in gross domestic product accelerated to 6.1 percent from a year earlier in the April-June quarter from 5.8 percent in the previous quarter, the government's Central Statistical Organisation said Monday.

July 16th, 2009 China's growth accelerates on stimulus boomBEIJING — China's second-quarter growth accelerated on a stimulus-fed investment boom, the government reported Thursday, sparking a rise in Asian stocks on hopes the world's third-largest economy could help to lead a global recovery. The economy grew by 7.9 percent from a year earlier, up from the first quarter's 6.1 percent growth rate, the National Bureau of Statistics said.

July 30th, 2009 DHAKA - Bangladesh could receive $10.87 billion in remittances in the current fiscal from its vast manpower employed abroad if the global oil price does not fall, the World Bank has said. It has said that remittance inflow increases when a country's economy goes through hardship.