Thomson Reuters Selects Corvil for low Latency Monitoring & Optimization of Their Global InfrastructureLONDON and NEW YORK - Corvil, innovator of electronic trading and market data latency management systems, today announced Thomson Reuters Markets division as a new client of CorvilNet, the company’s core software platform. CorvilNet monitors, analyzes and optimizes electronic trading and market data applications against ultra-low latency objectives. Corvil, with operations in New York, London and Dublin, serves a global client base spanning exchanges; alternative trading platforms; proprietary trading groups; investment banks; broker-dealers; high-frequency and automated market making trading firms; hedge funds; and market service providers. PURAC, Sulzer Chemtech and Synbra Technology Jointly Awarded Frost & Sullivan Polylactic Production Technology Innovation of the Year AwardLONDON - The 2008 Frost & Sullivan European Polylactic Production Technology Innovation of the Year Award in the field of Polylactic Acid Production goes to PURAC, Sulzer Chemtech and Synbra Technology for jointly developing a new, cost-effective polymerisation process to produce high-quality polylactic acid (PLA) from a biorenewable resource. GST Reaches Agreement with Senior Lenders on Restructuring Plan; Files Plan of ReorganizationGREENSBORO, North Carolina - Global Safety Textiles LLC (”GST”) today announced that it has reached an agreement with a majority of its senior lenders to successfully restructure the Company’s obligations and has filed a Plan of Reorganization with the Bankruptcy Court. Under the Plan of Reorganization, the senior lenders would receive 100% of the equity interest and long-term debt in the reorganized GST Group. Orient-Express Hotels Reports Second Quarter 2009 ResultsHAMILTON, Bermuda - Second Quarter 2009 Earnings Summary - Second quarter total revenues, excluding Real Estate, of $132.0 million - Same store RevPAR down 24% in local currency, 33% in US dollars - Adjusted EBITDA before Real Estate of $26.7 million Key Events - Raised $141.3 million of cash in common share offering in May 2009 primarily for debt reduction - Completed sale of Lapa Palace for $42.0 million (EUR29.4 million), or 22x 2008 EBITDA - Entered into sale agreement for Windsor Court Hotel - Entered into agreement with the New York Public Library to spread future payments over 24 months - Same store revenue drop offset by 54% through fixed and variable overhead savings - Completed $16 million re-financing of Australian properties - Implemented launch of corporate brand strategy, including new website - Obtained tangible net worth covenant waivers on two facilities referenced in 2008 Form 10-K PROTOMED SA Chooses HyperWorks to Simulate Implantable Medical DevicesTROY, Michigan and MARSEILLE, France - - CAE suite and use of finite element analysis streamline development processes in the development of medical devices FDA Issues Complete Response Letter for INTUNIV(TM) (guanfacine) Extended Release for the Treatment of ADHD in Children and AdolescentsPHILADELPHIA - Shire plc (LSE: SHP, NASDAQ: SHPGY), the global specialty biopharmaceutical company, announces that it has received a Complete Response letter today for INTUNIV(TM) (guanfacine) Extended Release from the Food and Drug Administration (FDA). This decision comes following labeling discussions with the FDA that did not result in agreement in time to meet the PDUFA date. New Dawn Mining Corp. Reports Gold Sales from Turk Mine in Zimbabwe for the Quarter Ended June 30, 2009TORONTO - Highlights for the Quarter Ended June 30, 2009: ———————————————– - Total gold sales of US$2,863,000 - 3,122 ounces of gold sold - Average net sales price of US$917 per ounce of gold Europe’s Spectrum Refarming for 3G will Help Operators Expand Coverage and Reduce Costs, finds Pyramid ResearchCAMBRIDGE, Massachusetts - Spectrum refarming, one of the most significant Europe-wide regulatory changes to affect the mobile industry in the past 20 years, will benefit operators by increasing network capacity and improving the availability and quality of existing services, according to a new report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com). Servigistics and Click Commerce Service Network Solutions Division MergeATLANTA and CHICAGO - - Two industry leaders come together to deliver the broadest and deepest solution specifically designed for Service Lifecycle Management (SLM) Dean Foods Completes Acquisition of AlproDALLAS - Dean Foods Company (NYSE: DF) today announced that it has completed the previously disclosed acquisition of the Alpro division of Vandemoortele N.V. for a transaction price of approximately euro 325 million. Careers Services are Vital for Brighter Future, say StudentsLONDON - A recent poll of 10,000 Abintegro student members suggested they are ‘heavily reliant’ on their careers service for advice relating to ‘all aspects’ of selecting and securing a career. From 3G to LTE: Radio Access Networks Will Drive Mobile Revenue Growth in Latin America, Finds PyramidCAMBRIDGE, Massachusetts - Radio access networks will evolve to provide solid platforms for new services and applications, making mobile broadband the main driver of revenue growth for mobile operators in Latin America, according to a new report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com). 2009 Game Developers Conference Europe Partners With European Games Developer FederationBERLIN - The Game Developers Conference(R) Europe today announced its alliance with Europe’s trade body of game developers, the European Games Developer Federation (EGDF). The EGDF unites the game development industries of eleven European countries committed to technological development and economic stimulation. Together with the EGDF, GDC Europe will present content focused trend-setting developments and political issues facing European game developers today. Alongside more than 80 sessions, the results of this new cooperation will be seen at Europe’s premier developer event, taking place August 17-19 at the Cologne Congress East Center in Cologne, Germany. Members of the EGDF will receive additional benefits through this alliance, which includes a 100 Euro discount on conference passes to GDC Europe. Frost & Sullivan Celebrates Growth and Innovation at Awards BanquetLONDON - Frost & Sullivan celebrated the success of outstanding business achievement at the “2009 Growth Excellence Awards Banquet” on Wednesday 20 May. ServeCentric Signs Turn-Key Datacentre(SM) Lease Agreement With Digital Realty TrustDUBLIN - Digital Realty Trust, Inc. (NYSE: DLR), the world’s largest wholesale datacentre provider, has completed a Turn-Key Datacentre(SM) lease agreement with ServeCentric (www.servecentric.com), Ireland’s leading managed services and data centre operator. Under this agreement, ServeCentric will expand its footprint in Digital Realty Trust’s property in Dublin. Elsevier’s Science & Technology Division and Science News Partner to Organize the First “Attracting Academic Talent Summit” in BeijingBEIJING - Elsevier ’s Science & Technology division China and Science News announced today that they will jointly organize the first “Attracting Academic Talent Summit” in Beijing on June 2, 2009, at the Beijing Rongjin International Hotel. Preliminary Announcement of Results for the Year Ended 31 March 2009LONDON - RESULTS SUMMARY Continuing Operations 2009 2008 Change Turnover * GBP 1,095.7m GBP 845.4m +30% Revenue excluding joint ventures GBP 1,023.6m GBP 730.9m +40% Underlying profit before taxation ** GBP 86.6m GBP 61.6m +41% Adjusted earnings per share *** 33.9p 24.1p +41% Profit before tax (excluding exceptional GBP 60.5m GBP 45.5m +33% items) Profit before taxation GBP 32.2m GBP 45.5m -29% Cash Conversion**** 105% 98% Full year dividend per share 14.4p 13.1p +10% Affordable and Flexible CRM Solutions - Key to Drive Investments from Pharmaceutical Companies, Notes Frost & SullivanLONDON - The turbulent pharmaceutical industry is demanding cheaper and innovative customer relationship management (CRM) solutions that will enable greater flexibility. CRM segments such as marketing automation, customer analytics and closed loop marketing will attract higher investments from pharmaceutical companies in the future. Management of key opinion leaders is another investment priority for pharmaceutical companies. Jubilant Enters Research Collaboration With AstraZenecaNOIDA, India - Research Collaboration to Provide AstraZeneca With New Preclinical Drug Candidates Trident Space & Defense, LLC Opens European OfficeTORRANCE, California - Trident Space & Defense has opened a European Office in Fareham, UK, to provide program management, engineering and customer support for its European customers, as well as increasing its ability to source European manufactured components. Ten Years of Improving Wine QualityHILLEROD, Denmark - FOSS announces ten years of routine quality control of wine with FOSS dedicated analytical solutions. How to Get Ahead in a Recession: Hult International Business School Launches its Executive Track for One-Year MBAs.LONDON - Hult International Business School, the world’s first global business school, has launched an Executive Track program to help place MBA graduates into competitive jobs even before they enter the MBA program. The school’s Executive Track program will take one year MBA candidates who demonstrate the strongest professional capabilities and fast track them with corporate mentors, career training, company visits and professional seminars. Telcos in Latin America Seek Alternatives to IPTV to Meet Market Demand, Pyramid Research FindsCAMBRIDGE, Massachusetts - IPTV will take a backseat to other pay-TV platforms as telcos seek alternative strategies to meet the significant market demand, according to a new report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com). Air Liquide Leads CDN$14 Million Hydrogen Energy Project at Canadian AirportsMONTREAL - Air Liquide is leading a CDN$14 million hydrogen energy project to demonstrate an array of innovative hydrogen energy and fuel cell technologies operating on the site of the MontrĂ©al - Pierre Elliott Trudeau International Airport and another international airport to be announced at a later date. Multi-Discipline Engineering Design Company Selects AVEVA PlantPERTH, Australia - AVEVA (LSE: AVV) announced that Melbourne-based zektingroup has selected AVEVA’s flagship plant design product, AVEVA PDMS, for the engineering design of new Coal Seam Gas plants for major Gas Operators in Australia. Niutang Sucralose Prevails in International Trade Commission Case; ITC Upholds Initial RulingBREA, California - The full U.S. International Trade Commission (ITC) has upheld an initial ITC ruling that found Niutang did not infringe Tate & Lyle’s patents for manufacturing the sweetener sucralose. In an initial determination announced in September 2008, ITC Judge Charles Bullock decisively rejected Tate & Lyle’s infringement allegations against both Changzhou Niutang, one of the largest global manufacturers of sucralose, and its U.S. subsidiary, US Niutang. Redknee Secures Contract With Bintel for New Wireless Service in West African MarketTORONTO - PLANNED ROLL-OUT OF SERVICE IN GABON ENABLED BY REDKNEE’S CONVERGENT Mechel Announces Bridge Loan ExtensionMOSCOW - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals Surrey Moves Ahead With New Research Chair in Space EngineeringGUILDFORD, England - The University of Surrey, world-renown as a pioneer of small satellites |
