Wednesday, April 16, 2008

Health/Medical: NOLabs AB reports success in fight against bacteria causing UTI

Helsingborg, (ANTARA News/PRNewswire-AsiaNet) - NOLabs AB, the Swedish medtech company focusing on developing innovative Nitric Oxide-containing medical devices, today reported that it has achieved another important milestone in the development of a new preventive therapy against urinary tract infection, UTI.

In experiments performed at the Karolinska University Hospital in Sweden, researchers showed that technology developed by NOLabs AB proved to have a high effectiveness in killing pathogens, typically for those causing UTI including an aggressive strain of E. coli. Millions of patients annually acquire UTI while being hospitalized for treatment of other diseases.

Preventing such infection has the potential to dramatically reduce the amount of antibiotics used as well as improving quality of life for a large number of hospitalized patients.

Goran Beijer, CEO of NOLabs says: "We are happy to have taken another important step in developing products that have a huge potential to prevent millions of UTI cases globally every year. The anti-microbial effect of NO will be essential in a range of innovative products that prevent and/or treat infection. We expect to have the first products on the market in early 2009."

Professor Peter Wiklund, Karolinska University says: "This new technology has a huge potential to reduce the usage of Antibiotics and thereby the risk of antibiotic resistance as well as reducing the risk of urosepsis, the severest and potentially lethal consequence of UTI."

NOLabs is developing products that will prevent catheter related urinary tract infections, products that will be effective on reducing neuropathic pain and wound care products with an anti-bacterial effect.

NOLabs is a Swedish bio-medtech company focusing on the development and marketing of Nitric Oxide-containing medical devices for various medical applications. Nitric Oxide is a natural substance, produced by the human body controlling vaso-regulation and as part of its protection against pathogens.

In particular, NOLabs focuses on developing effective Nitric Oxide based products and therapies that prevent infection and provide pain relief for millions of patients suffering from diabetes-related complications such as chronic wounds and neuropathic pain. Another focus area is the prevention and treatment of urinary tract infections. NOLabs has developed innovative, cost efficient and highly effective technologies that have a significant potential to address serious health issues that impact the lives of over 100 million people.

Goran Beijer e-mail: goran.beijer@nolabs.com
Phone: +46-706-636-009
Susanne Goransson e-mail: susanne.goransson@nolabs.com
Phone: +46-42-33-65-21

SOURCE: NOLabs AB
CONTACT: Goran Beijer, +46-706-636-009,
goran.beijer@nolabs.com,
or Susanne Goransson, +46-42-33-65-21,
susanne.goransson@nolabs.com,
both of NOLabs AB

COPYRIGHT © 2008

Technology: Mobiletech selected for the Red Herring 100 Europe 2008

Award recognizes the 100 'Most Promising' companies driving the future of technology

St. Julians (ANTARA News/PRNewswire-AsiaNet) - Red Herring today announced that Mobiletech AS is a recipient of the Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.

(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URLaddress field. Remove the space if one exists)

"This year's impressive list of winners demonstrates Europe's emergence as a major player in the global technology sector," said Red Herring Editor-in-Chief, Joel Dreyfuss.

"The exceptional accomplishments of European technology companies and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem."

Red Herring's lists of top private companies are an important part of the company's tradition of identifying new and innovative technology companies and entrepreneurs.
Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Red Herring's editorial staff rigorously evaluated several hundreds of private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

"Winning this prestigious award just two weeks after being named the most innovative player in the Nordic digital content arena by winning Telenor's Digital Winners Award 2008, is great acknowledgement of our work. It inspires us to continue our efforts to move boundaries by making useful tools for our customers and user friendly solutions to let consumers enjoy rich and rewarding mobile services," says Espen Askvik, CEO of Mobiletech.

To honor the CEOs of Red Herring top 100 Europe companies, Red Herring has invited each CEO to present his or her company at its Red Herring Europe 2008 event. Scheduled for April 14-16, at the Westin Dragonara Resort, this intimate, three-day event is themed "Ahead of the Curve" and will explore how European firms are leading the charge in many technology sectors, gaining the competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.

About Red Herring

Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe.

Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at http://www.redherring.com.

About Mobiletech

Mobiletech (http://www.mobiletech.no) is an independent Norwegian software company that delivers a complete range of products and services to enable rich and engaging communication through mobile devices. Mobiletech was founded in 2005 and is the power behind advanced mobile services for major media companies, operators and other corporations in Scandinavia.

Mobiletech has a dedicated team of passionate professionals with skills in new media, web publishing, mobile content, telecoms, banking and mobile technology.

Mobiletech has offices in Norway (Oslo, Bergen and Trondheim), Sweden (Stockholm) and USA (Washington DC).

For more information, please contact Espen Askvik, CEO Mobiletech, Phone +47-994-664-94

SOURCE Mobiletech AS
CONTACT: Espen Askvik of CEO Mobiletech, +47-994-664-94,
ea@mobiletech.no
Photo: http://prn.newscom.com/cgi- bin/pub/s?f=PRNprnpub&p1=20080211/292641-a&view=thumbnail_grid
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Web site: http://www.mobiletech.no
http://www.redherring.com

COPYRIGHT © 2008

Technology: Aditya Birla Minacs selects Verizon Business to improve communications

Aditya Birla Minacs selects Verizon Business to improve and manage global communications
Verizon Private IP enhances network management and improves cost efficiencies

Mumbai (ANTARA News/PRNewswire-AsiaNet) - Aditya Birla Minacs, a leading provider of business process outsourcing services, has selected Verizon Business to upgrade its global communications network to enhance management capabilities and achieve greater cost efficiencies.

The company has implemented a fully managed Verizon Private IP solution to link its Indian headquarters with operations in Canada, Germany, Hungary, the Philippines, the United Kingdom and the United States.

Part of the US$24 billion Aditya Birla group, Aditya Birla Minacs has 12,000 employees across 28 locations in seven countries. The company is expanding rapidly, having opened up nine new sites since it was formed in 2006 from the merger of Canadian-based Minacs and Mumbai-based TransWorks. Reliable and flexible connectivity to support Aditya Birla Minacs' ongoing growth is therefore paramount to enable the new company to enhance its position as a leading global business process outsourcing player.

The fully managed Verizon Business Private IP network provides secure, reliable high-bandwidth connectivity across the organisation's key operational sites. Quality of service is supported by Verizon Business' industry-leading service level agreements.

"Our partnership with Verizon Business gives us flexibility to focus on other critical aspects of our company's IT infrastructure that are necessary to support our future growth," said N. Gajapathy, chief information officer, APAC, Aditya Birla Minacs.

"With multiple sites around the world, a secure, reliable global platform is absolutely business-critical. Verizon Business is a truly reliable business partner and was able to offer us the experience and expertise to optimize our infrastructure for scalability and growth."

John Samuel, president of Verizon Business India, said, "Aditya Birla Minacs needed a highly reliable communications network and a dependable partner with the experience to support its growth. Verizon Business' expansive global IP network and proven managed services capabilities, coupled with our in-depth understanding of the needs of expanding multinationals, made us the perfect choice to support the company in achieving its global business ambitions."

About Aditya Birla Minacs (formerly TransWorks/Minacs)

Aditya Birla Minacs is a subsidiary of Aditya Birla Nuvo (part of the Aditya Birla Group). The company currently employs over 12,000 employees across 28 facilities in Canada, Germany, Hungary, India, United Kingdom, United States, and the Philippines and provides services in 28 languages.

Aditya Birla Minacs delivers superior outsourced solutions to Global 1,000 automotive, financial services, technology, and telecom companies. Aditya Birla Minacs adheres to the highest standards of quality, data security and confidentiality of client information and is certified to the COPC-2000, ISO 9001:2000 and ISO 27001 Standards. For further details visit www.minacs.adityabirla.com

About Verizon Business

Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a global IP leader and network-based partner for delivering integrated communications and information technology (IT) solutions to large-business and government customers worldwide. Combining unsurpassed reach with managed services, security, mobility, collaboration and professional services capabilities, Verizon Business delivers global solutions that power innovation and enable its customers to do business better. For more information, visit www.verizonbusiness.com

SOURCE: Verizon Business
CONTACT: Junaidah Dahlan of Verizon Business, +65-6248-6827, junaidah.dahlan@sg.verizonbusiness.com
Company News On-Call: http://www.prnewswire.com/comp618232.html
Web site: http://www.verizonbusiness.com
http://www.minacs.adityabirla.com

COPYRIGHT © 2008

Business: Business in Asia Today - April 16, 2008

RIO TINTO DELIVERS RECORD Q1 IRON ORE OUTPUT
Melbourne (ANTARA News/Asia Pulse) - Rio Tinto Ltd (ASX:RIO), the world's third largest miner, has posted record first quarter iron ore output as the company continues to expand its Pilbara operations, while coal production has suffered from severe flooding in Queensland.
Global iron ore production rose by 16 per cent during the three months to March 31 as the company continued to increase output from its Pilbara operations in Western Australia, through the ramp-up of the Yandi mine and Hope Downs operation.
Hard coking coal output fell 27 per cent to 1.04 million tonnes after heavy rainfall in Queensland flooded operations, while infrastructure limitations restricted the ability to make up the lost output.

JAPAN AIRLINES ENHANCES TIES WITH VIETNAM AIRLINES
Tokyo (ANTARA News/Asia Pulse) - Japan Airlines (JAL) is set to strengthen its ties with Vietnam Airlines as part of efforts to reinforce the Oneworld global airline network, which has no Southeast Asian member.
JAL and Vietnam Airlines currently operate joint flights between Japan and Vietnam under a code-sharing agreement.
It plans to provide know-how on customer services, booking systems, aircraft maintenance and flight operations.
By reinforcing the alliance, the Japanese firm will help Vietnam Airlines improve the quality of its services and technologies to levels in line with Oneworld standards and invite it to join the network.

LG ELECTRONICS Q1 NET PROFIT SOARS ON STRONG SALES
Seoul (ANTARA News/Asia Pulse) - LG Electronics Inc. (KSE: 066570), South Korea's No. 2 electronics manufacturer, reported Wednesday that its first-quarter earnings soared thanks to strong sales by its mobile handset and display sectors.
Net income reached 422.2 billion won (US$427 million) in the three months ended March 31, compared to a net loss of 122.6 billion won a year earlier, the company said in a regulatory filing.
Sales rose 14.8 per cent year-on-year to 11.2 trillion won, while the company reported an operating profit of 605.3 billion won, jumping more than twofold from a year earlier.

PHILIPPINE AIRLINES LAUNCHES LOW COST FARES UNIT FOR ISLAND HOPS
Manila (ANTARA News/Asia Pulse) - The nation's flag carrier, Philippine Airlines, has launched a new low-fares unit that will operate a fleet of turbo-propeller aircraft to mostly domestic island points under the brand name "PAL Express."
Jaime J. Bautista, PAL President, said PAL Express will meet the growing demand of the traveling public for a higher-quality carrier offering low fares.
"At the same time, it supports the Philippine government's efforts to promote trade and tourism, particularly to our many small islands, thus providing a much-needed lift to the local economy of these communities," Mr Bautista said.

KFH KEEN TO EXPAND INTO CHINA, SINGAPORE AND INDONESIA
Kuala Lumpur (ANTARA News/Asia Pulse) - Kuwait Finance House (KFH), a market leader in the Islamic banking industry, is considering expansion into China, Singapore and Indonesia through its Malaysian subsidiary, KFH Malaysia Bhd.
Malaysia is the closest to these markets and has formed strategic alliances in the three countries, said KFH chairman and managing director Bader Abdul Muhsen Al-Mukhaizeem.
"KFH is contemplating to enter new markets and is studying investment opportunities in many countries in Southeast Asia," he said in a statement here Tuesday in conjunction with the group's first-quarter results.

HYUNDAI MOTOR MUST BUILD PLANT AT HOME, SAYS UNION
Ulsan (ANTARA News/Asia Pulse) - The powerful labor union of Hyundai Motor Co. (KSE:005380) urged the company Wednesday to build a new plant at home to maintain job security for domestic workers, questioning the automaker's plan to expand overseas. Hyundai, South Korea's top automaker, has been aggressively building overseas factories as part of its bid to shield itself from labor strikes at home and currency fluctuations, analysts say.
Last week, Hyundai opened its second China plan on the outskirts of Beijing and its affiliate Kia Motors Corp. (KSE:000270) is building its first plant in the U.S.

ASAHI GLASS TO STOP MAKING CERIUM OXIDE IN TAIWAN
Tokyo (ANTARA News/Asia Pulse) - Asahi Glass Co. (TSE:5201) is halting production of cerium oxide in Taiwan and consolidating production to a plant in China to cut costs and boost earnings.
The plant in Taiwan is 80 per cent owned by Asahi Glass subsidiary AGC Seimi Chemical Co. and 20 per cent by Mitsubishi Corp. (TSE:8058).
Plans call for the facilities and equipment there to be sold off or discarded. Production will be shifted to a joint venture in China's Inner Mongolia Autonomous Region in which AGC Seimi has a 35 per cent interest, Mitsubishi has a 5 per cent stake and a local company holds the rest.

AUSTRALIA'S OXIANA DELIVERS RECORD COPPER OUTPUT
Melbourne (ANTARA News/Asia Pulse) - Oxiana Ltd (ASX:OXR) has delivered record copper production during the quarter and says all final approvals for its Martabe gold project in Indonesia are expected this month.
Copper output from the company's flagship Sepon mine in Laos rose 24 per cent to a record 17,132 tonnes during the three months to March 31, up on the previous corresponding quarter's output of 13,827 tonnes.
Gold production from Sepon was 24,235 ounces, down on the previous corresponding quarter of 33,647 ounces.

AMERICA ONLINE LAUNCHES PORTAL SITE IN TAIWAN
Taipei (ANTARA News/Asia Pulse) - AOL, a U.S.-based Web services provider formerly known as America Online, launched a Chinese-language portal site in Taiwan Monday, the company said in a news release.
The new site, the second in Asia after one in India, is part of the company's efforts to expand its global presence from the current 18 portals to an estimated 30 by the end of 2008, the statement said.
Prior to the launch of the site, AOL conducted a two-year assessment of the Taiwan market, said Norman Koo, vice president and general manager for Greater China of AOL.

AUSTRALIAN FUELWATCH SCHEME TO MAKE OIL COS MORE COMPETITIVE: NRMA
Sydney (ANTARA News/Asia Pulse) - The FuelWatch scheme will make oil companies more competitive and maintain lower average prices, NRMA chief executive Alan Evans says.
Under the scheme announced by Prime Minister Kevin Rudd yesterday, petrol stations will be forced to publish prices 24 hours in advance in an effort to provide greater choice for motorists.
"What it's done, it's actually made the oil companies more competitive because they actually have to say what price they can sell tomorrow and will it be competitive," Mr Evans said today.

Source:
Business in Asia Today - APRIL 16, 2008
published by Asia Pulse

COPYRIGHT © 2008

Technology: Tata Communications expands VPN services to Egypt

Another step forward executing the company's emerging market strategy

New Delhi, India (BUSINESS WIRE) - Tata Communications, a leading provider of the new world of communications, announced today the expansion of its Global VPN service to Egypt through a partnership agreement with TE Data S.A.E., a subsidiary of Telecom Egypt S.A.E. (LSE: TEEG) and Egypt's largest IP-based data communications carrier.

Tata Communications and TE Data have interconnected their respective MPLS (Multi-Protocol Label Switching) infrastructures, setting up multiple, redundant network-to-network interconnection (NNI) points between the two companies connecting Tata Communications' European and Indian network hubs with TE Data's facilities in Egypt in order to serve enterprise customers' growing worldwide connectivity needs.

"Partnerships with leading telecom players in emerging markets are critical to provide the deep global reach that our customers' networks require," said Genius Wong, Senior Vice President, Global IP and VPN services. "Our agreement with TE Data is part of our larger MPLS expansion plan that will include other NNI agreements, as well as the expansion of Tata Communications international on-net, in key strategic regions and emerging markets that are of high value to our customers."

Egypt's GDP (Gross Domestic Product) growth over the last five year has averaged at about six per cent mainly on expanding domestic demand. Egypt acts as a major gateway for trade with the Middle East and North Africa due to the free trade agreement between 20 African countries ? COMESA. Following a 25-per cent year-on-year real increase in 2007, investments continue growing at full speed, surging by about 30 per cent year-on-year thus far in 20081. According to the Confederation of Indian Industry (CII), investments from India alone are expected to cross $1.5 billion by 2009.

The NNI agreement allows Tata Communications to seamlessly extend its current end-to-end service capabilities by incorporating the TE Data's IP MPLS network footprint in Egypt, using more than 800 access points-of-presence. This will enable the company's VPN customers to benefit from superior connectivity to and from Egypt while experiencing the same security, redundancy and quality of service offered on the Tata Communications network.

"We are pleased to partner with Tata Communications to provide our customers with high-quality IP VPN solutions," said Mr Emad Alazhary, TE Data Vice Chairman and Managing Director. "The seamless integration of Tata Communications' high performance MPLS network with TE Data's extensive network coverage in Egypt will provide superior connectivity to India
and to the world."

This agreement is the latest in Tata Communications' plans to continue to develop and expand its global coverage. Tata Communications already offers its MPLS services in almost 40 countries and expects to reach over 50 by the end of 2008. It is also increasing the resiliency and depth of its international network with new dual PoPs in four countries and new PoPs?in 8 cities within its existing country footprint.
Tata Communications also offers extended reach to over 150 countries through its VNO Services division.

"Tata Communications' partnership agreement with TE Data will link customers in Egypt with the rest of the world via our rapidly growing network," said Radwan Moussalli, Managing Director, MENA, Tata Communications. "Africa and the Middle East are markets that are undergoing significant growth, and we plan on continuing to expand the relationship as part of a
growing cooperation between Tata Communications and TE Data."

For more information on Tata Communications' portfolio of VPN products, visit www.tatacommunications.com.

1Merrill Lynch Egypt country report dated February 2008 About Tata Communications Tata Communications Limited along with its global subsidiaries (Tata Communications) is a leading global provider of the new world of communications. The company
leverages its Tata Global Network, vertical intelligence and leadership in emerging markets to deliver value-driven, globally managed solutions to the Fortune 1000 and midsized enterprises, service providers and consumers.

The Tata Communications portfolio includes transmission, IP, converged voice, mobility, managed network connectivity, hosted data center, communications solutions and business transformation services to global and Indian enterprises and service providers, as well as broadband and content services to Indian consumers. The Tata Global Network encompasses one of the most advanced and largest submarine cable networks, a Tier-1 IP network, connectivity to more than 200 countries across 300 PoPs, and more than 1 million square feet of data center space. Tata Communications serves its customers from its offices in 80 cities in 40 countries worldwide. Tata Communications has a strategic investment in South African operator Neotel, providing the company with a strong anchor to build an African footprint.

The number one global international wholesale voice operator and number one provider of international long distance, enterprise data and Internet services in India, the company was named "Best Wholesale Carrier" at the World Communications Awards in 2006 and was named the "Best Pan-Asian Wholesale Provider" at the 2007 Capacity Magazine Global Wholesale Telecommunications Awards for the second consecutive year.

Now the leading integrated provider to drive and deliver a new world of communications, Tata Communications became the unified global brand for VSNL, VSNL International, Teleglobe, Tata Indicom Enterprise Business Unit, and CIPRIS on February 13, 2008.

Tata Communications Ltd. is a part of the $29 billion Tata Group; it is listed on the Bombay Stock Exchange and the National Stock Exchange of India and its ADRs are listed on the New York Stock Exchange (NYSE:TCL).
www.tatacommunications.com

About TE Data

TE Data was established in 2001 by Telecom Egypt to function as its data communications and Internet arm. The company is the fastest growing data communications and Internet services provider and the broadband access market leader in Egypt.
Currently, with operations in Egypt and Jordan and ambitious plans in other parts of the MENA region, TE Data's portfolio includes narrowband and broadband Internet access services, managed dedicated Internet access services, IP VPN connectivity services, global connectivity services in addition to consulting and professional services. TE Data's portfolio of services covers the communications needs of all whether consumers, small and medium enterprises, large corporations, and Internet Service Providers.
See http://www.tedata.net

Forward-looking and cautionary statementsCertain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications' expected financial position, business strategy, the future development of Tata Communications' operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements.

The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications' network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company's communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications' industry; and, in general, the economic, business and credit conditions in India.

Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications' control, include, but are not limited to, those risk factors discussed in Tata Communications' various filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.

Tata Communications
Celine Gregoire, + 617 969 0066 celine.gregoire@tatacommunications.com
or STC Associates
Kristen Massaro, + 1 212 725 1900 ext. 229kristen@stcassociates.com
or Vaishnavi
Sanjay Chaudhary+91 9212743191 sanjayc@vccpl.com

Business: WebTrends and InetAsia extend market presence in Asia

Portland, Ore. (BUSINESS WIRE) - WebTrends Inc., a leading provider of web analytics and online marketing solutions, today announced that it is continuing the expansion of its market presence in Asia. InetAsia, a strategic distributor for WebTrends, with offices in Singapore, Bangkok, Hong Kong, and Kuala Lumpur, will be adding a second development center in Kuala Lumpur, Malaysia. This will complement their existing facility in Bangkok, Thailand.

"The addition of this development center is key to our ability to meet the demands of this rapidly growing market," said Gregory Smyth, CEO of InetAsia. "This will allow us to expand our support of current customers as well as create additional opportunities for growth."

WebTrends relies on its valued partners throughout the Asia Pacific region to provide localized support, training, and implementation services to clients in the region. WebTrends currently has a significant presence in China, Japan, Taiwan, South Korea, India, Malaysia and Singapore. Its partnership with InetAsia continues this expansion in the region.

"We have been serving the needs of customers through our partnerships in Asia for over 10 years. We work closely to support our partners in their efforts to market and support our enterprise marketing solutions" said Kathleen Brush, Ph.D., CMO of WebTrends. "Having an extensive global network of partners is essential to providing the quality of localized support our
customers expect."

About InetAsia

InetAsia helps its clients consolidate, integrate and quantify online initiatives and solutions; and provides its clients with a complete, end-to-end solution, with a strong emphasis on integration of solutions and detailed reporting for maximum return on investment. From the initial design and implementation of a website or portal, through search engine optimization and online marketing, to statistical analysis and consulting; InetAsia provides the tools and expertise to help its clients succeed online.

InetAsia's flagship clients include major local and multinational corporations such as HSBC, Visa, ABN AMRO, Deutsche Bank, Hong Kong Trade Development Council, the United Nations, Bangkok Hospital, Accor Asia Pacific, Shangri-La Hotels and Resorts, United Broadcasting Corporation, CB Richard Ellis, Malaysia Airlines, Hong Kong Tourism Board, Thai Airways, SmarTone-Vodafone, SingTel, Orient Overseas Container Line, Maxis Communications, McDonalds Singapore and CLP Power Hong Kong. For more information, visit www.inetasia.comAbout WebTrends WebTrends provides Web analytics and online marketing
solutions to optimize marketing campaigns and customer engagement. WebTrends Marketing Lab delivers the industry's most recognized analytics, SEM, and visitor intelligence solutions to enable companies to understand their customers, drive customer engagement, and enhance marketing and brand awareness. Thousands of leading global organizations, including General Mills, HSBC, Microsoft, Reuters and Ticketmaster have chosen WebTrends solutions and proven client services expertise to optimize their marketing initiatives. For more information, visit www.webtrends.com.

WebTrends is a registered trademark of WebTrends Inc. in the United States and other countries. All other trademarks and registered trademarks are the properties of their respective owners.

InetAsia Solutions Limited

Gregory Smyth, CEO, +852-2165-4199 gsmyth@inetasia.com
or WebTrends
Kathleen Brush, CMO, 503-553-2216 kathleen.brush@webtrends.com

Business: Fluor contracts for world's largest polysilicon plant

LDK's $1 Billion China Facility on Fast-Track Schedule

Irving, Texas (BUSINESS WIRE) - Fluor Corporation (NYSE: FLR) announced today that it was awarded a contract for engineering, procurement and construction management (EPCM) services by LDK Solar Co., Ltd., (NYSE: LDK) for the world's largest new polysilicon facility in Xinyu City, Jiangxi, People's Republic of China. Fluor originally booked the front-end engineering and design (FEED) work for this project in the third quarter of 2007. Fluor booked the remainder of the $1 billion project in the first quarter of 2008.

Fluor's scope of work includes full EPCM services using a design-build approach, which also includes the trichlorosilane plant, chemical vapor deposition reactors, converters, and associated utilities, offsites and infrastructure. The new facility will be located adjacent to LDK Solar's existing solar wafer manufacturing facilities at its Xinyu City headquarters.

"Fluor and LDK Solar are dedicated to bringing this fast-track project online to meet the increasing worldwide demand for polysilicon-based renewable energy sources," said David Seaton, president of Fluor's Energy & Chemicals Group. "With the increasing importance of the China market for Fluor's energy & chemicals clients, we expect this world-class, state-of-the-art polysilicon facility to set the stage to meet this growing demand."

Fluor's Greenville, S.C.; Manila, Philippines, and Shanghai operations are performing FEED, detailed design and procurement, with the construction management team located in Xinyu City.

Fluor is currently working on numerous polysilicon projects around the world and is the leader in providing engineering, procurement and construction services in this growing industry.

"We are pleased that Fluor will work with us to achieve high-quality construction management standards during this significant endeavor. Our partnership with a leading EPCM service provider reiterates our commitment to remaining on schedule and within budget in completing this polysilicon plant," said Xiaofeng Peng, chairman and chief executive officer, LDK Solar.

When the project is completed, it is expected to produce up to 15,000 metric tons per year of polysilicon and 90,000 metric tons per year of trichlorosilane. To date, the entire worldwide production of polysilicon is about 100,000 metric tons per year.

Construction at the site began in August 2007, with the mechanical completion of the first manufacturing line expected to be December 31, 2008. All three lines are scheduled to be completed by July 2009. The number of construction craft labor is expected to peak to as many as 8,000 workers.

The design and construction of the polysilicon plant will incorporate world-class recognized environmentally-friendly standards including the implementation of state-of-the-art western recycling technology.

LDK Solar Co., Ltd., is a leading manufacturer of multicrystalline solar wafers, which is the principal material used to produce solar cells. LDK Solar sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer-processing services to monocrystalline and multicrystalline solar cell and module manufacturers.

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $16.7 billion in 2007.

For more information, visit www.fluor.com.
(FLRG) Fluor Corporation
Media Relations
Keith Stephens, 469-398-7624 or Brian Mershon, 469-398-7621 or Investor Relations
Ken Lockwood, 469-398-7220 or Jason Landkamer, 469-398-7222469-398-7277

Fund/bank: Absa and Western Union sign agreement to offer money transfer in South Africa

Englewood, Colo. (BUSINESS WIRE) - Absa Group Limited and The Western Union Company (NYSE: WU) have signed an agreement which will make Western Union? Money Transfer services available via the Absa branch network in South Africa. The service, which will be available for both inbound and outbound transfers, is scheduled to be launched in the second half of 2008.

Absa Group Limited is one of South Africa's largest financial services organizations, offering a complete range of banking, bancassurance and wealth management products and services.

Western Union is a leading provider of global money transfer services, giving consumers fast, reliable and convenient ways to send and receive money around the world via a network of more than 335,000 Agent locations in more than 200 countries and territories.

The multi-year agreement will allow consumers to receive and send money in selected locations of the Absa network using the Western Union Money Transfer system. According to the World Bank, the remittance market in South Africa was valued at approximately $735 million inbound and $1 billion outbound in 2006.

"Absa and Western Union have a strong focus on creating an exceptional overall customer experience," said Alfie Naidoo, executive director of Absa. "This cooperation will provide customers with reliable, convenient and trusted money transfer services.""We are delighted to be able to expand our network coverage into South Africa, working with Absa, one of the top performing banks in the country. We look forward to a long and successful cooperation," says Hikmet Ersek, executive vice president and managing director, Western Union, Europe, Middle East, Africa, South Asia.

About Western Union

The Western Union Company (NYSE: WU) is a leader in global money transfer services. Together with its affiliates, Orlandi Valuta and Vigo, Western Union provides consumers with fast, reliable and convenient ways to send and receive money around the world, as well as send payments and purchase money orders. It operates through a network of more than 335,000 Agent locations in over 200 countries and territories. Famous for its pioneering telegraph services, the original Western Union dates back to 1851. For more information, visit www.westernunion.com.

About Absa

The Absa Group Limited (Absa), listed on the JSE Limited, is one of South Africa's largest financial services groups, offering a complete range of banking, bancassurance and wealth management products and services. Absa's business is conducted primarily in South Africa. In addition to this, the Group has equity holdings in banks in Mozambique, Angola and Tanzania. At 31 December 2007, the Group had 679 million shares in issue and a market capitalisation of R75 billion. At 31 December 2007, Absa had assets of R641 billion, 892 points of presence, 9 million customers, 7 687 automated teller machines and 36 893 permanent employees. Absa is a subsidiary of Barclays Bank PLC, which holds a stake of 58.8% in the Group. Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international presence in Europe, the USA, Africa and Asia. For more information, please visit the Absa website: www.absa.co.za.

WU-G
The Western Union CompanyAnja Reitermann,
+43-1-50134-550anja.reitermann@intl.westernunion.com

Fund/bank: FTVentures raises $512 million growth capital fund

Largest fund to date reflects appeal of firm?s differentiated model featuring global partner network

San Francisco & New York (BUSINESS WIRE) - FTVentures today announced the closing of its third and largest fund to date, FTV III, at $512 million. FTVentures will continue its strategy of investing in software and business services companies that derive value from the firm's unmatched Global Partner Network, which includes the world's leading financial institutions. Founded in 1998, FTVentures has over $1 billion in committed capital and has offices in San Francisco and New York.

"We greatly appreciate the continued support of our core strategic limited partners," said Richard Garman, FTVentures Managing Partner. "We are also delighted to have new, highly respected institutions acknowledge our track record and unique model by joining our institutional limited partner group. The addition of traditional investors and new strategic investors to our existing investor network will allow us to continue to deploy our proven model with more diversified sources of capital."

Consistent with the investment strategy of its previous funds, FTV III will typically invest $10 million to $60 million in software and services companies seeking to finance organic expansion, recapitalizations, build-ups, and buyouts. The firm's portfolio companies target the financial services industry as a key customer vertical and leverage FTVentures extensive Global Partner Network in developing commercial relationships.

New limited partners from the financial services industry include Liberty Mutual, Skandia Insurance, Nordea, PartnerRe, Capital One, Fannie Mae and Barclays Global Investors. New traditional limited partners include New York City Retirement Systems, RHM Group, New York State Common Retirement Fund and Kamehameha Schools.

FTVentures is known for the strength of its financial services industry network which includes the following limited partner institutions from the financial industry: AIG, AXA, Bank of America, Barclays Global Investors, BNP Paribas, Capital One, Charles Schwab, CIBC, Citigroup, Comerica, Credit Suisse, DBS, Deutsche Bank, Fannie Mae, Fidelity National Financial, Fifth Third Bank, First Republic Bank, Freddie Mac, GE Capital, Goldman Sachs Asset Management, The Hartford, HSBC, ING, JPMorgan Chase, KeyCorp, Lehman Brothers, Liberty Mutual, Lloyds TSB, Morningstar, National City, Nomura, Nordea, PartnerRe, People's United Bank, PNC Bank, RBC Royal Bank, Sallie Mae, SEB, Skandia Insurance, Standard Chartered, Travelers, SunTrust, SVB Financial Group, USBancorp, Visa, Wachovia, Washington Mutual, Wells Fargo and Zions Bancorporation.

FTVentures previous successes include Actimize (acquired by NICE Systems), Corillian (IPO/acquired by Checkfree), ExlService (NASDAQ: EXLS), KVS (acquired by VERITAS), PowerShares Capital Management (acquired by AMVESCAP), and Verus (acquired by The Sage Group).

Current FTVentures portfolio companies include Aveksa, Cloudmark, Coremetrics, Covario, Financial Engines, GigaSpaces, GMI, Managed Objects, Rezolve Group, Capital H Group, CMS Holdings Group, Daylight Forensic & Advisory, ETF Securities, Freeborders, Intrepid Learning Solutions, Mavent, MedSynergies, Presidio Reinsurance Group, and ProfitLine.

The FTVentures partners are: Brad Bernstein, Eric Byunn, Ben Cukier, Richard Garman, Jim Hale, David Haynes, Bob Huret, Derek Lemke-von Ammon and Chris Winship.

FTVenturesKaren Derr Gilbert, 415-229-3000 kgilbert@ftventures.com www.ftventures.com

Business: Brandes proposes 130 yen per share dividend for Ono Pharma GM

Brandes Proposes 130 yen per Share Dividend and 10 Million Share Buyback Program for Ono Pharmaceutical Annual Meeting

San Diego (ANTARA News/PRNewswire-AsiaNet) - Brandes Investment Partners, L.P. ("Brandes") announces that, on April 8th, 2008, it submitted to Ono Pharmaceutical Co., Ltd. (the "Company"), a pharmaceutical manufacturer based in Japan and listed on the Tokyo Stock Exchange, a resolution (the "Resolution") to be submitted for shareholder approval at the Company's upcoming annual meeting of shareholders.

On behalf of its investment advisory clients, Brandes currently holds in excess of 7.0 per cent of the Company's shares. This represents an ownership position built since 1997.

The Resolution calls for the Company's Board of Directors to authorize:
1) a one-time dividend of 130 yen per share of common stock (including the interim dividend of 90 yen per share, the annual dividend, if approved, shall be 220 yen per share), payable by September 30, 2008, and 2) a share buyback program of up to 10 million shares for a maximum of 60 billion yen.

Brandes believes that the Company should cancel all shares upon repurchase. A copy of Brandes' letter to the Company and the Resolution are available at the Brandes website at http://www.brandes.com/Inv/PressReviews.htm.

Brandes believes that the Company continues to retain unnecessarily large amounts of low-yielding cash and marketable securities on its balance sheet, a majority of which appears to be unrelated to the Company's operations as a pharmaceutical company.

The Company's recent actions of increasing dividends and repurchasing shares are encouraging, and the 5.5 million buyback program (for up to 30 billion yen) announced on April 14th following our submission of the Resolution to the Company, is a significant step in the right direction.

However, Brandes believes more can and should be done in order to improve the capital efficiency of the Company. After execution of the proposed dividend and share buyback program, the Company's level of financial assets still would be more than sufficient, in Brandes' estimation, to support the Company's pursuit of business-enhancing opportunities. For more details on the rationale for the proposals, please see the attached shareholder proposal excerpt for reference.

Brandes is a U.S. registered investment advisor. Located at 11988 El Camino Real, Suite 500, San Diego, California, 92130, Brandes managed approximately US$93.4 billion on behalf of institutional and individual investors, as of March 31, 2008.

Direct excerpt from Shareholder Proposal (III) Reasons These proposals reflect the belief that the Company should maintain a balance sheet that is consistent with its core business as a pharmaceutical company, and that capital well in excess of such needs should be returned to its shareholders.

Firstly, by increasing the total annual dividend to 220 yen per share (including the interim dividend of 90 yen per share), we expect the Company to continue to increase the payout ratio and prevent further accumulation of cash in the future.

As of December 31, 2007, 73 per cent of the Company's total assets or approximately 350.8 billion yen was comprised of cash, marketable securities and investment securities including cross-shareholdings (hereafter referred to as "Financial Assets"), the majority of which is unrelated to the Company's operations as a pharmaceutical company. The magnitude of Financial Assets held goes well beyond what it legitimately needs in order to fund its operations as a pharmaceutical company, and is well in excess of the industry average of 45 per cent, which has also been criticized as excessive.

In addition, the return that the Company earns on its Financial Assets is less than 1 per cent on an annualized basis, well below its estimated cost of capital and exhibits no improvements.

Secondly, the share buyback proposal aims for the reduction of excess capital and it is intended for the Company to cancel all shares upon repurchase. In addition, the 10 million share buyback program would signal the strong faith that the Company has in its underlying businesses, and would also be accretive to all shareholders.

With regard to the above-mentioned issues, the Company has failed to explain to shareholders, including in its 'Midterm Policy on Return to Shareholders', a 'justifiable amount' or 'return parameters' for the excess capital it may use for future acquisitions of assets, including R&D pipeline products.
We believe that any such acquisitions, if economically justified, could be financed through capital markets at such time the potential acquisitions arise. Maintaining significant excess Financial Assets to provide for potential future acquisitions is not in the interest of shareholders.

The proposals, if approved, would result in a return to shareholders of approximately 74.7 billion yen, which would reduce the Company's total Financial Assets to approximately 276 billion yen.

Following the execution of the proposed dividend and share buybacks, approximately 68 per cent of the Company's total assets would still consist of Financial Assets, a ratio that is more than sufficient to support its operations while still allowing for it to pursue growth opportunities.

The above information is based on the following conditions.
Please understand fully.
This press release is not intended to advocate the purchase or sale of the Company's stock. Also, the press release is not based on the intentions that Brandes, its related parties and other 3rd parties solicit proxies for the Company's Annual General Meeting ("AGM").

This press release and the Resolution are based on information currently available as of the date of this announcement. Brandes has acted in full caution and on best effort, but cannot guarantee that the information is correct.
In addition, the Resolution does not guarantee a specific outcome for the votes at the AGM. Brandes may, depending on the situation, change or revoke the Resolution.

This press release is not intended to influence the share price of the Company. Brandes does not guarantee any reaction by the market in regards to the Resolution or the Company's response to the Resolution. This Resolution is intended to propose an idea to the shareholders of the Company at the upcoming AGM, and this press release is solely intended to explain the background and rationale for submitting the
Resolution.

SOURCE: Brandes Investment Partners, L.P.
CONTACT: Ray Lewis of Brandes Investment Partners, L.P., +1-858-523-3588, PublicRelations@brandes.com
Web site: http://www.brandes.com

COPYRIGHT © 2008

Business: Nobel Peace Prize winner to address the Int`l Transport Forum

Nobel Peace Prize winner Rajendra Pachauri to address the International Transport Forum
The International Transport Forum, 28-30 May 2008 in Leipzig 'Transport and Energy: The Challenge of Climate Change'

Paris (ANTARA News/PRNewswire-AsiaNet) - Dr Rajendra Pachauri, Chairman of the Intergovernmental Panel on Climate Change (IPCC) and last year's Nobel Peace Prize winner is to address the International Transport Forum on "The Challenge of Climate Change" to be held in Leipzig, Germany from 28-30 May 2008, announced Jack Short, Secretary-General of the International Transport Forum on Tuesday in Paris.

"The work of the IPCC provides the scientific basis for linking human activities to global warming and is key for future policy making, including in the field of transportation," explained Short.

The IPCC was jointly awarded the Nobel Peace Prize for 2007 along with Al Gore, former Vice-President of the USA "in recognition of their efforts to build up and disseminate greater knowledge about man-made climate change and to lay the foundations for the measures that are needed to counteract such change."

The issue of transport was recently addressed in the IPCC's Fourth Assessment Report. In its executive summary the report stated, "Transport activity is expected to grow robustly over the next several decades. Unless there is a major shift away from current patterns of energy use, world transport energy use is projected to increase at the rate of about 2 per cent per year, and total transport energy use and carbon emissions is projected to be about 80 per cent higher than current levels by 2030." The report concluded: "The best choice of policy options will vary across regions. Not only levels of economic development, but the nature of economic activity, geography, population density and culture all influence the effectiveness and desirability of policies affecting modal choices, infrastructure investments and transport demand management measures."

Headlining the Forum's opening session with Dr Pachauri will be German Federal Chancellor, Angela Merkel. Also presenting a keynote address will be Yvo de Boer, Executive Secretary of the UN Framework Convention on Climate Change.

Other distinguished speakers include Thomas Enders, CEO of Airbus; Thierry Morin, CEO of Valeo; Hartmut Mehdorn, CEO of Deutsche Bahn and Nobuo Tanaka, Executive Director of the International Energy Agency among others.

Dr Pachauri, born in Nainital, India in 1940, is an economist and engineer of immense repute. He completed his studies in North Carolina State University, Raleigh, USA, where he obtained an MSc in industrial engineering, a Ph.D. in industrial engineering and a Ph.D. in economics. He has taught at various universities in India and the USA, including the School of Forestry and Environmental Studies, Yale University.
He was adviser to the Administrator of the United Nations Development Programme (UNDP) in the fields of energy and sustainable management of natural resources from 1994 till 1999. He was appointed Chairman of the IPCC in 2002 and has also been head of TERI, The Energy and Resources Institute in India, since its establishment 25 years ago.
See http://www.internationaltransportforum.orgforum2008.html to consult the programme of the forthcoming Forum, obtain registration information and regular updates. The
"early bird rate" for participants ends 15 April.

The online press accreditation is open now.
The International Transport Forum, part of the OECD family, is a global platform and meeting place at the highest level for transport, logistics and mobility with more than 50 member countries worldwide. Key figures from government and politics, business and industry, research and civil society will meet at the annual conference in Leipzig, the "Transport Summit of the Year."

For more information, please contact: Michael Zirpel, Communications Director, michael.zirpel@oecd.org
SOURCE: International Transport Forum
CONTACT: Michael Zirpel, Communications Director, michael.zirpel@oecd.org
Web site: http://www.internationaltransportforum.org

COPYRIGHT © 2008

Business: Executives express rising concern around CEO compensation: survey

- Majority of Executives Believe Shareholders Should Have a Say on Compensation -

Los Angeles (ANTARA News/PRNewswire-AsiaNet) - Amidst recent calls for fair pay, more than one-third of executives (34 per cent) expressed at least some concern regarding their CEO's compensation, according to the latest Executive Quiz from Korn/Ferry International (NYSE: KFY), a premier global provider of talent management solutions. In contrast, a 2007 Korn/Ferry survey of executives revealed that approximately one-fifth (21 per cent) felt their CEO was overcompensated.

Additionally, four out of five executives (80 per cent) indicated that shareholders should have at least some "say on pay" for their company's executives. Shareholders today are witnessing an ongoing disparity between rising CEO compensation and declining share prices.

"The tumultuous economic environment highlights the challenges with getting pay for performance right," said Russell Miller, managing director of Korn/Ferry's Executive Compensation Advisors. "The business community continues to focus on aligning pay and performance, and companies are having mixed success against this objective."

When asked if they felt their CEO's compensation directly reflects company performance, more than half (55 per cent) of respondents indicated that it does not reflect or is only "somewhat" reflective of the organization's results. Another forty-two per cent said their CEO's compensation was in line with company performance.

Methodology

The Korn/Ferry International Executive Quiz is based on a global survey of executives registered within the firm's online Executive Center, ekornferry.com. Respondents from more than 50 countries, representing a wide spectrum of industries and functional areas, participated in the most recent Executive Quiz in March 2008.

About Korn/Ferry International

Korn/Ferry International, with more than 70 offices in 40 countries, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to identify, deploy, develop, retain and reward their talent. For more information on the Korn/Ferry International family of companies, visit http://www.kornferry.com.

SOURCE Korn/Ferry International
CONTACT: Asia Pacific, Shireen Nisha,
+ 65 6231 6123,
shireen.nisha@kornferry.com,
or EMEA, Maggie Habib,
+1-310-556-8532,
maggie.habib@kornferry.com,
both of Korn|Ferry International;
or North America, Kevin Oates,
+1-310-584-8331,
kevin.oates@ketchum.com,
for Korn|Ferry International;
or South America, Thiane Loureiro,
+ 55 11 3017 5305,
thiane.loureiro@edelman.com,
for Korn|Ferry International
Web site: http://www.kornferry.com

COPYRIGHT © 2008

Business: Istithmar World Capital invests in ESPA Int`l, world leading spa Co

Dubai (ANTARA News/PRNewswire-AsiaNet) - Istithmar World Capital ("IWC") and ESPA International ("ESPA") have joined forces in which IWC has acquired a 40% equity stake in ESPA.

ESPA International is a UK based global luxury spa company offering total spa solutions including: a world-renowned spa design and management division, an extensive natural product range, innovative and effective treatments and unsurpassed post graduate therapist training programmes. Since its inception in 1993, ESPA has become a leading provider of luxury spa and wellness products and services.

Chief Executive and Founder of ESPA International Susan Harmsworth said today: "I am delighted to be working in partnership with IWC, and we look forward to building on our reputation as the leading luxury spa and wellness brand in the world. As the profile of the spa consumer becomes more sophisticated and internationally travelled, it is essential that we invest in our brands' underlying infrastructure in order for us to bring greater value and further extend our services to the clients. As a brand, our commitment remains to luxury, niche and excellence in spa and wellness. We chose IWC to be our partners as they share our vision and they will help us in its execution."

Conde Nast Traveller awarded ESPA at One & Only One Reethi Rah, Maldives as the best spa for 2008. With growing evidence of consumers demanding spa packages, a spa is now seen as a 'must have' in any 5 star or above hotel, resort or leisure operation. ESPA currently operates in over 45 countries with offices in UK, USA and Hong Kong with Dubai due to open in 2008. Adel Al Shirawi, Vice Chairman of Istithmar World continued: "Our focus is on iconic brands and the luxury market is paramount to us. Our desire is to continue to build our portfolio of luxury brands, and the ever growing Spa and Wellness sector is a natural direction. In our extensive research of the global Spa market, ESPA International stands above the rest in terms of excellence in standards and reputation."

NOTES TO EDITORS
IWC

Istithmar World Capital is a private equity and alternative investment house headquartered in Dubai, United Arab Emirates, with an office in Shanghai, China. Established in 2003, we are a Dubai World company.

In the four years since its inception, Istithmar World Capital has invested in over 35 companies with total capital deployed in excess of US$ 3 billion and an aggregate enterprise value of US$ 7 billion.

Istithmar World Capital has successfully established itself as a major investment company with a broad portfolio of successful firms in markets ranging from North America and Europe to the Middle East and the Far East, as well as across a variety of sectors ranging from consumer to industrial and financial services.

Istithmar World Capital has been recognized for its success with various prestigious awards from leading industry publications such as Banker Middle East and Euromoney.

Istithmar World Capital's success is expected to continue due to its ability to uniquely leverage its ownership by capitalizing on three of its parent's strengths:
-- Patient Capital: Istithmar World Capital has access to longer-dated, patient sources of capital.
-- Flexibility of Investments: Istithmar World Capital has the ability to invest at any level of an asset's capital structure.
-- Extensive Industry Expertise and Geographic Network: Istithmar World Capital has the ability to capitalize on Dubai World's extensive industry knowledge and international network to gain exclusive insight into certain industries and regions,
source deals, procure acquisition debt, and partner with leading institutions, specially in the Middle East and North Africa (MENA), and Asia.

ESPA International

ESPA is an International Company at the most prestigious level of the Spa industry. Years of experience covering strategy, operational, conceptual and development elements of spas combined with an in depth knowledge of differing cultures, products and treatments, result in a Company which is well rounded and genuinely committed to inspired natural products, treatments and spa development. Natural interaction within the company ensures that all elements work synergistically, stimulating creative and innovative ideas that keep ESPA at the "cutting edge" of the Spa Industry and ensures the products and services remain unique.

ESPA consists of several interlinked areas:
-- Spa Design and Operations
-- Spa Management Solutions
-- Products and Treatments
-- Training
-- Recruitment

The result is fully operational spa support.
Currently operating in over 45 countries with offices in UK, USA and Hong Kong with Dubai due to open in 2008.

For further information please contact:
ESPA International
Tom Konig Oppenheimer at The Communications Store +44 (0) 207 939 1010
IWC - Contact Details:
For further information, please contact:
Hwee-Suan Ong
BPG Public Relations
Tel: +97150-875 4977
Fax: +9714-295 1027
E-mail: Hweesuan@batespangulf.com

SOURCE Istithmar World Capital
CONTACT: Tom Konig Oppenheimer of The Communications Store,
+44(0)207-939-1010, for ESPA International; or
Hwee-Suan Ong of BPG Public Relations,
+97150-875 4977, fax +9714-295 1027,
Hweesuan@batespangulf.com, for IWC
Photo: http://www.newscom.com/cgi-bin/prnh/20070805/268060

COPYRIGHT © 2008

Business: George Tennet named CEO of BullGuard

Copenhagen (ANTARA News/PRNewswire-AsiaNet) - BullGuard announced today that its Board of Directors has appointed George Tennet as the Company's new Chief Executive Officer.

Mr Tennet joins BullGuard from Mobility Electronics where he held the position of Managing Director for the EMEA region. Previously, Mr Tennet was Head of Global Sales at Sennheiser Communication and Vice President Sales & Marketing EMEA at GN Jabra where he masterminded the rapid growth of the Jabra brand across his region.

Commenting on his appointment, Mr Tennet said: "BullGuard is at a key stage in its development and I am looking forward to working with the team to continue building on the past growth success. BullGuard's products have a solid consumer value and this fact, along with our new Gaming and Mobile editions, gives us unique opportunities to expand our distribution and business partner base globally."

Mr Tennet paid special attention to mobile-based security, a market which is forecasted to see a significant rise in demand in the next 3-5 years as mobile internet usage increases.

"BullGuard is in a great position to benefit from this market growth and I expect our distribution channels to expand in line with it."

Commenting on the appointment of Mr Tennet, BullGuard Chairman Morten Steen-Jorgensen said: "I am happy that we managed to attract somebody with George's experience and abilities. George has a proven track record in general business management and international sales. He is a committed and inspirational manager with extraordinary achievements in organisational and sales channel development. I know that George has what it takes to take BullGuard through the next round of growth, having had the pleasure of working with him at Jabra."

Mr Tennet will take on his new role at BullGuard with immediate effect.

About BullGuard

BullGuard specialises in PC & mobile security solutions for home-users and small-businesses, emphasising technical excellence, ease-of-use and customer care. BullGuard is committed to providing simple, cost-effective, integrated security solutions that provide users with first-class protection from computer viruses and intruders.

BullGuard is headquartered in Copenhagen, Denmark and has offices in Australia, Romania and the United Kingdom.

For press enquiries, please contact:
Benjamin Verduijn
Information and PR Manager
BullGuard Ltd.
http://www.bullguard.com
E-mail: benjamin@bullguard.com

SOURCE BullGuard Ltd.
CONTACT: Benjamin Verduijn of BullGuard Ltd.,
+45-40-45-23-64,
benjamin@bullguard.com
Photo: http://www.newscom.com/cgi-bin/prnh/20070502/255849
Web site: http://www.bullguard.com

COPYRIGHT © 2008