Tuesday, April 22, 2008

Technology: India's largest telecommunications company signs contract for Convergys

India's largest telecommunications company signs contract for Convergys Solution to lower IT costs and launch convergent services

Cincinnati & New Delhi, India (BUSINESS WIRE) - Convergys Corporation (NYSE: CVG), a global leader in relationship management, announced today that Bharat Sanchar Nigam Limited (BSNL) has signed a multi-year licensing, support, and maintenance contract for Convergys' Infinys [R] rating and billing solution. BSNL will replace its legacy billing systems with the Convergys solution to reduce IT costs and to facilitate the introduction and deployment of new convergent services.
BSNL is India's largest and the world's seventh largest telecommunications company providing a comprehensive range of telecom services.

The Convergys solution will support BSNL's 18 million wireline subscribers. It is a real-time charging product that supports IP and IMS network technologies, convergent and online charging, and next-generation business models. In addition to facilitating revenue growth through the delivery of new advanced services and bundled offerings, the Convergys solution will
help BSNL lower IT costs by consolidating and eliminating redundant systems, utilizing a distributed open source platform, and limiting the need to pay for expensive and time-consuming custom system or application development.

"World class telecommunications companies like BSNL realize the importance of their customer relationships as they compete in very competitive and rapidly deregulating markets," said Iain Hackett, Convergys' Vice President, Asia Pacific Region. "As such, a convergent billing and care platform like Infinys is a requirement to better manage customer relationships, drive greater value from them, and attract and retain new customers."

The Convergys solution is being delivered in conjunction with Tata Consultancy Services, a leading IT services, Business Solutions, and Outsourcing firm. Tata will provide project management, business requirement analysis, solution definition, configuration, installation, testing, and data migration, as needed.

About Bharat Sanchar Nigam Ltd (BSNL)

Bharat Sanchar Nigam Ltd (BSNL), formed in October, 2000, is the world's 7th largest telecommunications company providing a comprehensive range of telecom services: Wireline, CDMA mobile, GSM Mobile, Internet, Broadband, Carrier service, MPLS-VPN, VSAT, VoIP services, IN Services, etc. Within a span of five years it has become one of the largest public sector units in India.
BSNL is largest operator in India in all service areas.

BSNL's cellular service, CellOne, has more than 17.8 million cellular customers, garnering 24 percent of all mobile users as its subscribers. That means that almost every fourth mobile user in the country has a BSNL connection. In basic services, BSNL is miles ahead of its rivals, with 35.1 million basic phone subscribers or 85 per cent share of the subscriber base and 92 percent share in revenue terms.

About Tata Consultancy Services Ltd (TCS)

Tata Consultancy Services is an IT services, business solutions, and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development.

A part of the Tata Group, India's largest industrial conglomerate, TCS has over 108,000 of the world's best trained IT consultants in 47 countries. The Company generated consolidated revenues of US $4.3 billion for fiscal year ended 31 March, 2007 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com

About Convergys Convergys Corporation (NYSE: CVG) is a global leader in relationship management. We provide solutions that drive more value from the relationships our clients have with their customers and employees.

Convergys turns these everyday interactions into a source of profit and strategic advantage for our clients.

For 25 years, our unique combination of domain expertise, operational excellence, and innovative technologies has delivered process improvement and actionable business insight to clients that now span more than 70 countries and 35 languages.

Convergys is a member of the S&P 500 and has been voted a Fortune Most Admired Company for eight consecutive years. We have approximately 75,000 employees in 84 customer contact centers and other facilities in the United States, Canada, Latin America, Europe, the Middle East, and Asia, and our global headquarters in Cincinnati, Ohio. For more information, visit www.convergys.com

To receive Convergys news releases by email, click on http://www.convergys.com/news_email.html
(Convergys, Infinys, and the Convergys logo are registered trademarks of Convergys Corporation.)

Convergys CorporationBusiness and Financial Media -- John Pratt +1 513 723 3333 or john.pratt@convergys.com or Trade Media -- Jeff Hazel+1 513 723 7153 or jeff.hazel@convergys.com

Technology: JIC invests in three new alternative energy projects

Hong Kong, (ANTARA News/Xinhua-PRNewswire-AsiaNet) - J.I.C. Technology Company Ltd ("JIC" or "the Company") to be renamed as Hong Kong Energy Holdings Limited ("HKE") (HKEx: 987), a wholly-owned subsidiary of HKC (Holdings) Limited ("HKC (HOLDINGS) or the "Group") (HKEx: 190), has initiated to invest in three alternative energy projects at the Lunaobao Wind Farm in Hebei, the Siziwang Qi Wind Farm in Inner Mongolia, and a pilot cellulosic ethanol project.

On behalf of HKC (HOLDINGS), the single largest shareholder of JIC, Mr. Eric Oei, Chairman of the Steering Committee said, "As the principal vehicle of the Group's alternative energy businesses, the new projects signify an important first step for the Company. The PRC Government has been actively encouraging investment in renewable energy. The Renewal Energy Law of the country requires state-owned power grids to give priority and pay premium rates for power generated by privately-owned companies using 'clean' generating methods.

"Given such a favourable market environment, we see strong potential in the three projects and are confident that they will give JIC a strong foundation for tapping the growing alternative energy market in the PRC in years to come."

Lunaobao Wind Farm

The framework agreement to invest and develop a 100 MW wind power project at the Lunaobao in Zhangbei County, Hebei Province was signed between JIC, through a wholly-owned subsidiary, HKE (Da He) Holdings Limited with China Energy Conservation Investment Corporation ("CECIC") on 18 April 2008. The planned total investment for the project is approximately RMB950,780,000 (about HK$1,052,900,000) and JIC and CECIC will contribute 30 per cent and 70 per cent of the registered capital respectively. Preliminary approval from the Development and Reform Commission ("DRC") of Hebei Province was already secured by the project parties to invest and develop sixty-seven 1,500-kilowatt wind turbines totaling 100.5 MW.

The windfarm, to be built under this project, is strategically located on Bashang plateau of Zhangjiakou City with abundant wind resources available. Construction of the wind turbines will commence in the second half of 2008 and the project is expected to be fully operational in 2010.

Wind Power Project at Siziwang Qi Region, Inner Mongolia

JIC, through a wholly-owned subsidiary has applied to the Siziwang Qi DRC for the rights to build and operate a 50 MW wind power project in the region. It intends to invest a total of approximately RMB480,550,000 (about HK$532,100,000) to build 33 1,500-kilowatt wind turbines with an aggregate generation capacity of approximately 49.5 MW. JIC targets to begin construction in the second half of 2008 and achieve full operation of the wind farm by the end of 2009.

Cellulosic Ethanol Project

On 17 April 2008, the Group through its wholly-owned subsidiary HKE (Biomass) Holdings Limited signed a technology transfer and co-operation agreement in respect to investment in a pilot cellulosic ethanol project using the Cellulosic Ethanol Technology ("the Technology") developed by GeneHarbor (Hong Kong) Technologies Limited ("GeneHarbor").

The Company will first acquire from GeneHarbor a 55 per cent interest in the Technology utilizing HK$17,325,000 as its capital contribution. A new joint venture between the Company and GeneHarbor will be established and a pilot cellulosic ethanol plant will be built to demonstrate the feasibility of the technology and of the production process.

If successful, JIC will seek to commercialize the Technology throughout Asia. Another technology service company ("TechServices Co") 90 per cent-owned by JIC and 10 per cent by GeneHarbor will be set up. TechServices Co will be the sole and exclusive agent to use and commercially exploit the Technology and to sell and distribute related enzymes used in the production of cellulosic ethanol in the Greater China region and Southeast Asia.

GeneHarbor, founded in 2000, is a private biotechnology company in Hong Kong. The company focuses on the development of innovative biotech products, enzymes in particular, and medical products. GeneHarbor's technology platform, which integrates the current knowledge and techniques in genetic engineering, protein engineering, biochemistry, genetics, industrial fermentation, bio-informatics, organic chemistry, computer design, high-throughput-screening and industrial enzymology, is highly effective in generating novel products tailored for industrial, agricultural, pharmaceutical and environmental application. The company has conducted research on bioethanol since 2001.

Currently, there is a limit as to how much ethanol can be produced from sources such as corn and sugar. Given demand for these feedstocks are placing tremendous pressure on food prices, it is important that non-food feedstock be used. Cellulosic ethanol is a biofuel made from lignocellulosic biomass materials, such as wood residues and grass. Because cellulosic plant materials are so common, cellulosic ethanol has the potential to become a major non-food feedstock. It makes use of related cellulose-digesting enzymes sourced from GeneHarbor or its production factory. The Technology entails advanced technology and processes developed by GeneHarbor to produce ethanol at reasonable cost using cellulosic biomass.

HKC (HOLDINGS) has been working toward tapping the growing alternative energy sector over the past few years, with the latest move being the acquisition of a majority stake in an ethanol plant in Chongqing in March 2008. In addition to the ethanol plant and the three latest JIC projects, the Group has been investing in several other alternative energy projects, including investing in two 30MW wind power stations in Heilongjiang, which have already begun generating electricity and are contributing revenues; obtaining the preferential right to develop wind power project with generation capacity of approximately 49.5 MW in the Siziwang Qi area in Inner Mongolia with target operation date set in 2008; investing in a joint venture with CECIC to operate a 200MW wind power plant in Hebei Province; investing in a wind power plant in Gansu Province by establishing a joint venture with CECIC with generation capacity of 200MW and investing in a joint venture waste-to-energy plant with a 25 MW output capacity in Shandong which commenced operation in September 2007.

"As the Chinese economy continues to thrive and the Chinese government steps up effort to encourage clean energy consumption, demand for alternative energy is going to rise. Apart from strong potential demand for biofuel, the sector has high entry barriers which puts us in a prime position to capture the rising opportunities. The market trend and nature of the industry both work in favour of the Group's alternative energy business. We are confident of becoming a major alternative energy enterprise in Mainland China," Mr. Oei concluded.

About J.I.C. Technology Company Limited (stock code: 987)

In March 2008, 74.99 per cent interest of J.I.C. Technology Company Limited was acquired by HKC (Holdings) Limited. Following that, all HKC (HOLDINGS)'s new investment in the alternative energy business will be conducted through JIC. The Company is to be renamed as Hong Kong Energy (Holdings) Limited. For more information, please visit website: http://www.hkenergy.com.hk .

About HKC (Holdings) Limited (stock code: 190)

HKC (Holdings) Limited is principally engaged in property development and investment activities with a primary focus in the PRC. It is also one of the leading providers of alternative energy in the PRC. In October 2007, Cerberus Asia Capital Management, LLC has become the Group's second largest shareholder. In March 2008, the Group acquired 74.99 per cent interest in J.I.C. Technology Company Limited (SEHK: 987), all new investment in the alternative energy business will be conducted through JIC.

For more information, please visit the Group's website: http://www.hkcholdings.com .

For media enquiries:
Strategic Financial Relations Limited
Esther Chan
Tel: (852) 2864 4825
Email: esther.chan@sprg.com.hk
Vicky Lee
Tel: (852) 2864 4834
Email: vicky.lee@sprg.com.hk
Doris Chan
Tel: (852) 2114 4950
Email: doris.chan@sprg.com.hk
Germain Lam
Tel: (852) 2864 4861
Email: germain.lam@sprg.com.hk
SOURCE JIC - to be renamed as Hong Kong Energy (Holdings Limited)

COPYRIGHT © 2008

Business: Business in Asia Today - April 22, 2008

AUSTRALIA'S NEWCREST PAYS US$525 MLN TO TIE UP WITH S AFRICAN GOLD MAJOR
Melbourne (ANTARA News/Asia Pulse) - Newcrest Mining Ltd (ASX:NCM), Australia's largest gold producer, has agreed to pay US$525 million (A$557.03 million) to partner South Africa's Harmony Gold Mining Ltd in the company's Papua New Guinea gold assets.
Newcrest will earn a 50 per cent stake in Harmony's Hidden Valley gold and silver project, the Wafi-Golpu gold and copper deposit, and more than 3,400 square kilometres of exploration tenements 300 kilometres north-east of Port Moresby.
The Hidden Valley project is scheduled to start in mid-2009 and produce about 250,000 ounces of gold and 3.6 million ounces of silver over a 14 year mine life.

LG CORP. PUSHES FOR OMANI COAL PROJECTS
Seoul (ANTARA News/Asia Pulse) - LG Corp. (KSE:003550) said Tuesday it has signed a preliminary deal with Oman Oil Co. (OOC), an Omani state-run investment firm, to set up a joint venture aimed at securing coal mines overseas.
LG also said it clinched another preliminary deal with Korea Southern Power Co., a unit of Korea Electric Power Corp. (KEPCO) (KSE:015760) and the Omani investment firm to bid for a US$2 billion desalination and coal power plant awarded by Oman's government.
The Omani government is pressing ahead with the approximately 1,200 megawatt plant with to diversify its energy sources, LG said. LG and OOC will invest equally in the joint venture and OOC will provide coal to the plant, LG added.

JR EAST'S PRETAX PROFIT SEEN AT RECORD US$3.2 BLN IN FY07
Tokyo (ANTARA News/Asia Pulse) - East Japan Railway Co. (TSE:9020) is likely to post a group pretax profit of 330 billion yen (US$3.2 billion) for fiscal 2007, up 10 per cent and marking a record high for the third year running.
Growing ridership fueled the gain for Japan's largest railroad operator, also known as JR East. Revenue climbed 2 per cent to around 2.7 trillion yen.

CHINA'S DONGFENG MOTOR TO INVEST HEAVILY IN PRODUCTION EXPANSION
Beijing (ANTARA News/Asia Pulse) - Dongfeng Motor Group, one of the top three automakers in China, plans to invest 23 billion yuan (US$3.285 billion) to expand production in the 2008-2009 period, according to high-ranking sources of the group attending the on-going Beijing auto show.
The group, based in central China's Hubei province, plans to bring its production capacity from 1.117 million vehicles in the end of 2007 to 1.61 million by 2010. Of the total investment, 11.0 billion yuan will be made in 2008, and 12.0 billion yuan in 2009.

INDONESIA'S INTI KAPUAS TO BUY MORE OIL PALM PLANTATIONS
Jakarta (ANTARA News/Asia Pulse) - Indonesia's PT Inti Kapuas Arowana said it has set aside US$120 million to acquire more oil palm plantations.
Earlier Inti Kapuas signed an agreement for the acquisition of the palm plantations of PT Dendymarker Indahlestari and PT Anam Koto at a price of US$80 million from Malaysia's Boustead Estates Agency.
Corporate secretary Veronica Dini Krissanti said after a shareholders' meeting yesterday part of the fund will also be used to expand the land bank for the future expansion of oil palm plantations.

CHINESE ELECTRONICS CO CHANGHONG SEES US$48 MLN NET PROFIT IN 07
Beijing (ANTARA News/Asia Pulse) - China's leading electronic appliances maker Sichuan Changhong Electric Co., Ltd. (SSX:600839) reported a 337 million yuan (US$48.14 million) net profit in 2007, up 47.14 per cent year on year, thanks to the company's adjustment of industrial structure and management.
Business revenue hiked 21.99 per cent to reach 23.047 billion yuan; business profit rose 22.09 per cent and hit 427 million yuan; and EPS was 0.18 yuan.
Changhong's color TV sector generated 10.831 billion yuan in revenue, rising 13.63 per cent year on year and accounting for 46.99 per cent of the total.

TAIWAN SIGNS MOC WITH INTEL TO PROMOTE WIMAX APPLICATION
Taipei (ANTARA News/Asia Pulse) - Intel signed a Memorandum of Cooperation (MOC) with Taiwan Monday to jointly develop WiMAX service applications for the telecommunication sector in Taiwan, with a portion of the funding coming from a separate but complementary US$500 million investment and procurement program from 2008 to 2013.
Sean Maloney, Intel's executive vice president and chief sales and marketing officer, signed the agreement with the Ministry of Economic Affairs (MOEA) on behalf of the U.S. chip maker.
He noted that Intel plans to spend US$500 million on procurement and investment in Taiwan from 2008-2013 to promote the local WiMAX industry.

SUNTORY TO ENTER U.S. MARKET WITH GREEN TEA OFFERINGS
Tokyo (ANTARA News/Asia Pulse) - Japan's Suntory Ltd. will next month begin sales of green tea drinks in the U.S. using the retail network of its tie-up partner, Swiss food giant Nestle SA, The Nikkei learned Monday.
Facing a saturated domestic market amid the declining Japanese population, Suntory has set its sights on the U.S., where green tea products are gaining in popularity among health-conscious consumers.
Nestle will be given exclusive sales rights to Suntory's regular and roasted green tea drinks sold under the Iemon brand.
The firm is considering local production as well as entry into the European market.

VOLVO TO PRODUCE S80 SEDAN IN CHINA
Beijing (ANTARA News/Asia Pulse) - Volvo Group plans to produce a second type of sedan at the Changan Ford Mazda Automobile Co., Ltd. production base in Southwest China's Chongqing Municipality.
The sedan type will be the S80, said Steven Armstrong, chief operating officer of Volvo, quoted by Chongqing Morning Post.
If the S80 project receives approval in Chongqing, China will become Volvo's largest production base outside of Europe, adding to its already existing S40 project in the country.

S KOREA'S S-OIL BOOKS 55 PCT SLUMP IN Q1 NET PROFIT
Seoul (ANTARA News/Asia Pulse) - South Korea's third largest refiner S-Oil Corp. (KSE:010950) said Tuesday its net income dropped 55 per cent in the first quarter from a year earlier.
Net profit came to 117 billion won (US$118 million) in the January-March period, compared with 258 billion won a year earlier, S-Oil said in a regulatory filing.
Sales rose 46 per cent to 4.87 trillion won in the first quarter, while operating profit fell 17.4 per cent to 320 billion won.

Source:
Business in Asia Today - APRIL 22, 2008
published by Asia Pulse

COPYRIGHT © 2008

Education: Morgan Stanley Private Equity to acquire major stake in Learning Care

New York (BUSINESS WIRE) - Morgan Stanley Private Equity today announced that it has entered into a definitive agreement to acquire a 60 percent stake in Learning Care Group, the U.S. subsidiary of A.B.C. Learning Centres ("ABC"), in a transaction that values 100 percent of Learning Care Group at $700 million.

Learning Care Group, a leader in the early education and childcare industry, has the capacity to serve more than 166,000 children through its network of approximately 1,150 corporate and franchise schools located in 37 states across the U.S. The company is the second largest for-profit childcare provider in North America.

Steve Trevor, Co-Head of Morgan Stanley Private Equity, said, "We are delighted to invest in Learning Care Group and support its strong commitment to early childhood educational excellence. The compelling nature of this transaction enabled us to quickly reach an agreement with ABC and Learning Care Group. We intend to work closely with the Learning Care Group management team, as well as ABC, to invest in the center portfolio and enhance the current program offering."

Morgan Stanley Private Equity worked together with the executive teams at ABC and Learning Care Group throughout the transaction, and will maintain Learning Care Group's current operational structure following the deal's completion.

William Davis, CEO of Learning Care Group, said, "We are excited to be part of the joint venture between Morgan Stanley and ABC and look forward to continuing our strategic growth plan and vision, which is shared by all parties. Through the ongoing support of Morgan Stanley, we will continue providing the highest quality care to families across all of our five brands and uphold our mission of being the leader in child education and family solutions."

Jim Howland, Operating Partner of Morgan Stanley Private Equity, said, "Learning Care Group is a market leader with a strong position in the industry.

Our goal is to continue to offer quality care and programs in all of their centers across the country. We look forward to working with management and Learning Care Group's dedicated employees to further build upon a highly successful platform."

The transaction, which was approved by ABC's Board of Directors, is expected to close within 90 days, following regulatory approval, funding of the committed financing facility for the joint venture, consent of ABC's senior lenders and satisfaction of other customary closing conditions.

Morgan Stanley acted as financial advisor to Morgan Stanley Private Equity, and Skadden, Arps, Slate, Meagher & Flom and Clayton Utz served as its legal counsel.

This transaction represents the third U.S. investment for Morgan Stanley Private Equity since May 2007, with other deals including the acquisition of Tops Markets in December 2007 and an investment in McKechnie Aerospace in May 2007.

About Morgan Stanley Private Equity

Morgan Stanley Private Equity, part of Morgan Stanley Investment Management's Merchant Banking Division, makes private equity and equity-related investments on a global basis. Morgan Stanley Private Equity utilizes Morgan Stanley's vast resources, including the Firm's global franchise and relationships with leading corporate management teams and financial sponsors, to source attractive opportunities for its investment funds. Morgan Stanley's roots in private equity investing date back to 1985 with the Morgan Stanley Capital Partners private equity funds. To date, Morgan Stanley Private Equity and its predecessor funds have invested nearly $6.5 billion of equity across a broad spectrum of industries.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 33 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.

About Learning Care Group

Headquartered in Novi, Mich., Learning Care Group, Inc. provides early education and care services to children between the ages of six weeks and 12 years under its umbrella of brands: The Children's Courtyard, Childtime Learning Centers, La Petite Academy, Montessori Unlimited and Tutor Time Child Care / Learning Centers.

Between these five brands, Learning Care Group has approximately 1,150 schools (corporate and franchise) with a system-wide capacity to serve close to 167,000 children in the U.S. and internationally. For more information on the Learning Care Group, Inc., please visit www.learningcaregroup.com.

About A.B.C. Learning Centres

For more information, visit the A.B.C. website at www.childcare.com.au.
Morgan Stanley
Marie Ali, 212-762-6884
or Learning Care Group, Inc.
Amy Popp, 248-697-9140

Technology: CSIS and CSA 1st global space development summit in China

Center for Strategic and International Studies and the CSA Co-Host first global space development summit in China

Washington (PRIME NEWSWIRE) - World leaders and industry professionals will gather in Beijing on April 24th and 25th for the first international space summit on Chinese soil to discuss the future of outer space exploration.

This summit comes as concern mounts over a second space race. Attendees will tackle potentially thorny issues such as who should govern space in the future and how nations can cooperate to ensure that space remains a peaceful domain and global public good. The summit is co-hosted by Washington, D.C. think-tank Center for Strategic and International Studies (CSIS) and the Chinese Society of Astronautics (CSA).

"Space is critical to every facet of national security," Vincent Sabatier, Director of Space Initiatives at CSIS, notes.
"Everyday communication -- military, commercial and personal -- and our understanding of our own planet is dependent on space-based assets. Future governance of space determines how safe our satellites will be, and that goes for every other nation.

"So while space is a public domain, nations want to ensure it is governed in their favor. Whether this will drive conflict as nations try to edge each other out in this Second Space Race is a serious issue that needs to be addressed now. By co-hosting this summit, China is helping to start the discussion."

So far, no one nation has bested the U.S.'s advantage in space. However, China, Japan and India have all declared their plans to continue their exploration of the moon through 2020 and beyond.

Experts warn that U.S. dominance in space could change soon. "I personally believe that China will be back on the moon before we are," NASA Administrator Dr. Michael Griffin stated in October 2007. "I think when that happens, Americans will not like it. But they will just have to not like it." The race to the moon has enormous implications for the future domination of
space. The nation who develops the technology to return to the moon first will also shape the landscape of future governance.

This summit marks the first step towards an international conversation on the future governance of space. National and
international governmental officials, space industry professionals, and leading space technology firms from different nations will take part in three panels and a closed-session roundtable.

Attendees include high-profile leaders from the United Nations, World Trade Organization, Organization for Economic Cooperation and Development, Lockheed Martin, EADS, Mitsubishi, and officials from the U.S., China, Japan and France. CSIS is a bipartisan, nonprofit organization headquartered in Washington, D.C. that conducts research and analysis and develops policy initiatives that look into the future and anticipate change. To find out more, please visit www.csis.org.

Please Address Inquiries to:
Mr. Ryan Faith, CSIS Program Manager for Space Initiatives space@csis.org Tel: +(86)
133.4110.7671 (In China), 202.775.3114 (In the U.S.)
-0-
CONTACT: Center for Strategic and International Studies
Mr. Ryan Faith
202.775.3114
+(86) 133.4110.7671 (China)

Entertainment: Tatweer to create world`s first Marvel Super Heroes theme park

Dubai, (ANTARA News/PRNewswire-AsiaNet) - Tatweer, a member of Dubai Holding, today announced a landmark deal with US-based Marvel Entertainment, Inc. (NYSE: MVL), the creators of such globally renowned Super Heroes as Spider-Man, The X-Men, Iron Man, the Fantastic Four and The Incredible Hulk, to develop the region's first Super Heroes theme park at the world's largest leisure, tourism and entertainment destination.

Allocated within DUBAILAND (R), the Marvel Super Heroes theme park will be one of its key anchor projects. The design and conceptual master plan of this 4.5 million sq ft development has recently been finalized. The park, expected to welcome visitors in 2012, will provide families an ultimate destination with new and exciting rides that will enable them to re-live their childhood and interact with their beloved Super Hero characters.

Initiated by Tatweer, the Marvel Super Heroes theme park will further enhance and diversify the region's entertainment offerings, and spotlight Dubai's status as one of the world's most attractive tourism destinations.

Saeed Al Muntafiq, Executive Chairman, Tatweer, said: "We are delighted to welcome Marvel as our latest member in the distinctive DUBAILAND (R) portfolio. We are confident this landmark partnership will add further value to the exciting world-class offerings of DUBAILAND (R)."

David Maisel, Executive Vice President of Marvel Entertainment and Chairman, Marvel Studios, said: "We are privileged to be a part of the DUBAILAND (R) Destination, a unique entertainment experience that captures the world's best creative concepts. The launch of the Marvel Super Heroes theme park in Dubai will mark our entry into a region that promises tremendous growth potential for our brands."

Originally announced last year as a partnership between the Al Ahli group and Marvel Entertainment, Tatweer has now stepped in to oversee and take the development forward, and strategically manage its theme park portfolio.

Maisel added: "We are truly thankful to Al Ahli Group who was instrumental in starting the negotiations to bring the Marvel Super Heroes theme park concept to Dubai. The decision to move over to Tatweer's DUBAILAND is a strategic move aimed at positioning Marvel Super Heroes theme park in the world's most diverse leisure and entertainment destination."

The three billion sq feet Dubailand(R), a member of Tatweer, comprises projects that include DreamWorks Animation Park, Six Flags, HIT Entertainment, Universal Studios Dubailand(R), Global Village, and several projects including Dubai Sports City, Motor City, Dubai Outlet Mall, Al Sahra Desert Resort, Al Barari, The Polo and Equestrian Club, City of Arabia, Legends, Dubai Wheel and Falcon City of Wonders.

About MARVEL:

With a library of over 5,000 high-profile characters built over more than sixty years of comic book publishing, Marvel Entertainment, Inc. is one of the world's most prominent character-based entertainment companies. Marvel utilizes its character franchises in licensing, entertainment (via Marvel Studios), publishing (via Marvel Comics) and toys, with emphasis on feature films, home DVD, consumer products, video games, action figures and role-playing toys, television and promotions. Marvel's strategy is to leverage its franchises in a growing array of opportunities around the world. For more information visit http://www.marvel.com.

Marvel and all related characters: TM & (c) 2008 Marvel Characters, Inc. Super Hero(es) is a co-owned registered trademark.

About DUBAILAND (R):

DUBAILAND(R), a member of Tatweer, is the world's most ambitious tourism, leisure and entertainment project, catering to the needs of the entire family. The unique 3 billion sq. ft. development has been designed to catalyze the position of Dubai as an international hub of family tourism, appealing to tourist segments across genders, age group, world regions and activity preferences. DUBAILAND(R) is projected to attract millions of tourists annually from around the world.

The diverse projects under DUBAILAND(R) include theme parks, eco-tourism projects, shopping malls, restaurants and residential units that are being developed by UAE, GCC and international investors.

A product of extraordinary vision, DUBAILAND(R) will be an attractive place to 'live, work and play' for the emirate's growing population, both as a leisure destination and an appropriate setting for business and entertainment development.

About Tatweer:

Launched in December 2005, Tatweer is one the region's most dynamic enterprises and a member of Dubai Holding. Comprising 10 market-leading brands, it oversees an ambitious business development plan. Its current portfolio is divided into Energy & Healthcare, Tourism & Entertainment, and Industry & Real Estate offerings. Its entities include Dubai Healthcare City, the region's hub for world-class quality healthcare services; Mizin, one of the most advanced real estate companies in the region; Universal City Dubailand, the 22 million sq ft development, featuring Universal Studios Dubailand as its centerpiece; "The Tiger Woods - Dubai", an exclusive golf community that will include the first Tiger Woods designed golf course; DUBAILAND(R), one of the biggest leisure, entertainment and tourism destinations in the Middle East; Dubai Industrial City, an industrial township to develop Dubai as a leading manufacturing hub; BAWADI(R), the world's leading hospitality and entertainment project hosting 51 luxury hotels and more than 60,000 hotel rooms; Dubai Energy, investing in regional and global energy opportunities and building a diversified investment portfolio; Dubai Mercantile Exchange, the first energy futures exchange in the Middle East set up in partnership with the New York Mercantile Exchange and Global Village, a premier family destination for culture, entertainment, cuisine and commerce.

Tatweer's entities continue to consolidate a group of life-improving industries in addition to pioneering joint venture initiatives with leading global conglomerates. They continuously strive for world-class performance, while implementing leadership development to drive and sustain business excellence, quality and high performance.

For further information: Tatweer / DUBAILAND(R) PR Agency: Aseel Nihad, Senior Account Executive, Jiwin the Public Relations Arm Of Dubai Press Club, Phone: +971-4-3613584, Email: aseel.nihad@Jiwin.ae; MARVEL: Jeff Klein, Email: jeff_klein@dkcnews.com

SOURCE: Dubailand
CONTACT: Aseel Nihad,
Senior Account Executive,
Jiwin the Public Relations Arm Of Dubai Press Club,
+971-4-3613584, aseel.nihad@Jiwin.ae,
for Tatweer - DUBAILAND(R); or
Jeff Klein,
jeff_klein@dkcnews.com, for Marvel Entertainment, Inc.
Web site: http://www.marvel.com
(MVL)

COPYRIGHT © 2008

Technology: Mobile Armor opens office in Tokyo

Tokyo, (ANTARA News/PRNewswire-AsiaNet) - Mobile Armor, Inc., a provider of electronic data and asset protection software and services today announces the opening of a new sales office in Tokyo, in line with its global expansion strategy.

The opening of this office reflects the importance the company places on the Asia Pacific region and particularly its rapidly growing mobile security market.

The Tokyo office will be responsible for developing sales, marketing and support throughout the region.

"We see a lot of interest and opportunity for our solutions in Asia and we are looking forward to serving this market with our leading mobile security solutions," said Chand Vyas, Founder, Chairman and Chief Executive Officer of Mobile Armor.

"This office will enable us to build channel relationships to sell and support Mobile Armor security solutions in Japan, Australia, Hong Kong, Singapore and elsewhere in the region."

Eric Greenberg has been appointed Sales Director of Asia Pacific. With a thorough understanding of the Asia market, Greenberg is leading the establishment of distribution and support channels for Mobile Armor customers and partners in Japan and the rest of the Asia Pacific region.

Prior to joining Mobile Armor, Greenberg established nCipher's Asia OEM division and was the Japan Country Manager for Mercom Systems.

"Mobile Armor's data security management solution, with its class-leading centralized management console, provides a compelling mobile data protection offering," said Greenberg, a long-time Tokyo resident.

"I am excited to be launching our Asia Pacific market presence in Tokyo."

About Mobile Armor

Privately held Mobile Armor is a leading provider of Enterprise mobile data security solutions for commercial enterprises and government agencies. Mobile Armor provides the most comprehensive cross-platform data security solutions using state of the art technology, which are certified to meet the standards and guidelines for security set by the U.S. National Institute of Standards and Technology (NIST).

Visit www.mobilearmor.com for more information.

SOURCE: Mobile Armor, Inc.
CONTACT: Japan, Eric Greenberg of Mobile Armor, Inc.,
+81-3-5288-5345,
eric.greenberg@mobilearmor.com;
US, Robert Grupe of Mobile Armor, Inc.,
+1-314-590-0900,
robert.grupe@mobilearmor.com
Web site: http://www.mobilearmor.com

COPYRIGHT © 2008

Financial: Global macroeconomics firm - RGE Monitor - opens office in Asia

New York, (ANTARA News/PRNewswire-AsiaNet) - RGE Monitor.com (RGE), a global economic and financial analysis firm founded by world-renowned economist Dr. Nouriel Roubini, announced today that it has opened an office in Hong Kong, building on the company's growing success in the Asia-Pacific region.

This is RGE's first on-the-ground presence in Asia, and will allow it to better service clients in the region, including a variety of hedge funds, investment commercial banks, asset managers, universities and central banks.

To date, RGE has covered Asia Pacific from its headquarters in New York City, but in response to growing demand and the reality of an increasingly integrated global economy, opening a regional office was the logical decision.

"We are very excited to be expanding into Asia," notes Roubini. "The region has recovered from the Asian financial crisis and taken its place at the forefront of global growth. The linkages between Asia and the rest of the world continue to grow and while it will not remain immune from the current economic meltdown, we are confident of its long-term growth potential."

The Hong Kong office is the latest development in RGE's exceptional growth over the past 12 months and will be followed shortly by the opening of its European office in London. On May 7, RGE Monitor will hold its launch event in Hong Kong at the Mandarin Oriental Hotel. Those interested in attending should contact Neil Ripley at Dukas Public Relations.

In addition to the new office, RGE also announced the appointment of a new Regional Director -- Douglas A. Jaffe. Mr. Jaffe is the former Asia Pacific Research Director at Financial Insights, an IDC Company and has spent more than 13 years in Asia in various capacities.

"This expansion reflects the growing importance of Asia as a financial and economic power," Jaffe says. "This office will allow us to better serve our clients and respond to growing demand for insightful, ahead-of-the-curve analysis on the global economy. We are also very pleased to be in Hong Kong, which remains the financial hub of Asia and an exciting, business-friendly environment."

RGE offers economic analysis and financial insights for business strategists, analysts, investors and policy makers. RGE's team of economists and analysts evaluate the global markets to deliver fast insights and condensed overviews to the world's leading financial professionals. It produces cutting edge analysis that sets the standard for the global economy. The firm's prescience in predicting the current sub-prime crisis was validated in a seminal piece by Professor Roubini entitled "The Rising Risk of a Systemic Financial Meltdown: The Twelve Steps to Financial Disaster." For information on this and other articles, please contact Neil Ripley at Dukas Public Relations.

About RGE Monitor

Based in New York, RGE Monitor was founded by Nouriel Roubini, former senior advisor to the U.S. Treasury and the IMF, and a professor at NYU's Stern Business School. RGE's team of economic experts deliver ahead-of-the-curve financial insights by defining key economic and strategic issues, then aggregating the best writings on all sides for an at-a-glance understanding of essential global market drivers. This intelligence, combined with our exclusive research, is delivered through a powerful website that was named one of the world's best by The Economist, Forbes and the Wall Street Journal.

For more information, please visit www.rgemonitor.com

CONTACT:
Neil Ripley/Kathleen Corless
Dukas Public Relations
(212) 704-7385
neil@dukaspr.com
kathleen@dukaspr.com

SOURCE: RGE Monitor
CONTACT: Neil Ripley,
neil@dukaspr.com, or
Kathleen Corless,
kathleen@dukaspr.com,
both of Dukas Public Relations for RGE Monitor,
+1-212-704-7385
Web site: http://www.rgemonitor.com

COPYRIGHT © 2008

Financial: Bursa Malaysia and NYSE Euronext collaborate on derivatives DMA platform

New York & Kuala Lumpur, Malaysia (BUSINESS WIRE) - NYSE Euronext (NYX) and Bursa Malaysia recently introduced a state-of-the-art direct market access (DMA) platform for the Malaysian derivatives market based on technology provided by NYSE Euronext Advanced Trading Solutions.

For Bursa Malaysia, the new service leverages NYSE Euronext's SFTI? technology to enable Bursa Malaysia member firms to more efficiently sponsor and manage their clients' direct access to the market. The new Bursa Malaysia infrastructure consists of a DMA gateway offering the privacy, low latency and high throughput of direct market access with the control and risk management of traditional broker-routed flow. The Bursa Malaysia DMA gateway utilizes the same core technology that NYSE Euronext is deploying throughout the company's U.S. and European markets. The Bursa Malaysia DMA gateway will also be interconnected with other nodes on the SFTI network to support international access to the exchange and its members.

"In launching this new trading gateway, we are now able to partner with our local member firms to offer an ultra-high performance, risk-managed channel direct to the market for trading," said Omar Merican, Chief Operating Officer of Bursa Malaysia. "As a node on the global SFTI community, this new solution provides truly open and global access to our market through a variety of networks and end-user applications. The investment we have made in Bursa Trade, our core trading platform, allows us to scale easily to accommodate the increased transaction flow we expect DMA to generate."

The NYSE Euronext-provided solution supports sophisticated, latency sensitive traders and leverages accepted industry standards for connectivity and messaging. This open approach provides DMA traders maximum flexibility in choosing networks and trading applications.

Initially, the DMA solution will support direct leased lines and BT's Radianz Shared Market Infrastructure.

"We worked closely with the Bursa Malaysia DMA team and a panel of Kuala Lumpur member firms to eliminate the traditional barriers to DMA trading," said Peter Tierney, Managing Director, Asia-Pacific, NYSE Euronext. "The resulting solution provides Bursa Malaysia members with best-of-breed technology and provides members' clients with access to an advanced platform using their choice of trading engine and network."

Stephen Kwong at AMFutures in Kuala Lumpur, said: "The solution makes true DMA relatively simple and straightforward
-- the system is open and standards based so our clients were able to leverage existing connectivity and trading technology investments and all parties have transparency into the over all performance of the system."

About Bursa Malaysia Berhad

Bursa Malaysia Berhad is a public company limited by shares under the Companies Act 1965. Bursa Malaysia is an approved exchange holding company under Section 15 of the Capital Markets and Services Act 2007.

Other companies in the Bursa Malaysia Berhad Group of companies include a stock exchange, a derivatives exchange, an off-shore international financial exchange, equity and derivatives clearing houses, a central depository, an information services provider and an Information Technology services provider. Bursa Malaysia Securities Berhad, a wholly-owned subsidiary of Bursa Malaysia Berhad, is an approved stock exchange under Section 8 of the Capital Markets and Services Act 2007.

About NYSE Euronext

NYSE Euronext (NYX) operates the world's leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, include the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. NYSE Euronext's nearly 4,000 listed companies represent a combined $27.3 / ?17.3 trillion in total global market capitalization
(as of March 31, 2008), more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately $169.6 / ?113.2 billion (as of March 31, 2008), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in
the S&P 100 index. A unit of NYSE Euronext, NYSE Advanced Trading Solutions is a leader in providing standards based, high performance connectivity, data management and transaction solutions for trading firms, vendors and financial markets around the world.
For additional information visit: www.nyse.com/tradingsolutions.

Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext's reference document for 2006 ("document de reference") filed with the French Autorit des Marchs Financiers (Registered on June 6, 2007 under No. R.07-0089), 2007 Annual Report on Form 10-K and other periodic reports filed with the U.S.

Securities and Exchange Commission or the French Autorit? des Marchs Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.

NYSE EuronextMedia:+31.20.550.4488 (Amsterdam)+32.2.509.1392 (Brussels)+351.217.900.029 (Lisbon)+44.20.7379.2789
(London)+1.212.656.2411 (New York)+33.1.49.27.11.33 (Paris)orInvestor Relations:+1.212.656.5700 (New York)+33.1.49.27.58.60 (Paris)

Health/Medical: SunTech Medical launches Hemodialysis OEM NIBP Technology

Morrisville, N.C. (BUSINESS WIRE) - SunTech Medical launches their Advantage? HDM (Hemodialysis Monitoring) OEM Non-invasive Blood Pressure (OEM NIBP) technology designed specifically for monitoring blood pressure during hemodialysis. This application-specific technology recently achieved an A rating for both systolic and diastolic blood pressure measurement according to the British Hypertension Society (BHS) protocol.

SunTech Medical recognized the need to address concerns over the accuracy of automated blood pressure measurements on hemodialysis patients. In response, they investigated an oscillometric blood pressure technology for end-stage renal disease (ESRD) patients during hemodialysis. The results provide a break-through in clinical-grade accuracy for non-invasive automated blood pressure measurement on ESRD patients.

Although recommended, current validation protocols and guidelines do not require blood pressure monitors to be validated on specific patient populations. Consequently, most are validated on readily available healthy volunteers. In this regard, special efforts were made by focusing not only on ESRD patients, but in the environment for which the technology was intended by performing the evaluation during dialysis treatment. This makes SunTech Medical the only current provider of OEM NIBP technology validated for use during hemodialysis treatment.

SunTech Medical wishes to thank the patients and staff at Dr. Georges-L. Dumont Regional Hospital Nephrology Center (Moncton, New Brunswick, Canada). The study was approved by both Health Canada and the Hospital's ethics review board. All subjects were adult volunteers with ESRD currently receiving hemodialysis treatment.

To download the whitepaper for the details of the study click here or visit http://www.suntechmed.com/oem_whitepaper

About SunTech Medical

SunTech Medical is the world leader in non-invasive blood pressure (NIBP) monitoring products and technology. Our solutions include automated blood pressure measurement for stress and exercise testing, 24-hour ambulatory blood pressure monitoring, and a line of general and specialized blood pressure cuffs. We also supply OEM blood pressure modules with customized algorithms to leading patient monitoring manufacturers addressing a variety of challenging environments and specialized patient populations.

For more information please visit our website at www.SunTechMed.com.

Keyword Tags:
bhs, end stage renal disease, esrd, hemodialysis, oem nibp, suntech medical
SunTech Medical Michelle Wiggins, 704-478-6877 mwiggins@suntechmed.com

Medical/Technology: Medidata Rave receives complete CDISC ODM Certification

Medidata Rave Receives Complete CDISC ODM Certification
The First and Only Clinical Trial Solution Certified on All Eight Uses of the Operational Data Model, Medidata Rave Ensures Interoperability, Reduces Risk and Protects Clinical Research Investments

New York (BUSINESS WIRE) - Medidata Solutions, Inc., a leading provider of clinical trial solutions, today announced that its electronic data capture (EDC), reporting and management solution Medidata Rave? has been certified by the Clinical Data Interchange Standard Consortium (CDISC) as complying with the Operational Data Model (ODM) standard. The first and only clinical trial technology company to be certified on all eight available CDISC ODM uses for importing and exporting clinical study data, Medidata further demonstrates its commitment to providing sponsors and partners with interoperable products that promote efficiencies and ensure effective data exchange throughout the clinical development process.

CDISC is a global, industry-supported non-profit organization that establishes standards to support the acquisition, exchange, submission and archive of clinical research data and metadata. The organization introduced the ODM certification program in 2007 to ensure consistency across toolsets and interoperability between ODM implementations. The ODM Standard is currently recognized as the ideal transport method for data across the entire clinical trial enterprise.

"Our mission at CDISC is to develop and support global, platform-independent data standards that enable information system interoperability ? across sponsors, partners and vendors ? to improve the process of medical research," said Dave Iberson-Hurst, vice president of technical strategy at CDISC.

"We appreciate the diligence and commitment to standards that Medidata has demonstrated in choosing to be the first vendor certified on all the use cases within the current certification program and share in their excitement to promote wider adoption of clinical standards."

The certification for CDISC ODM involves a rigorous process that only a handful of products in the industry have obtained, including Medidata Designer?, the only ODM-certified application capable of generating structured protocol information.

Medidata Rave's rich suite of data import and export capabilities is now fully certified on all eight use-cases, which include: ODM Metadata Snapshot ? Import and Export ODM Data Snapshot ? Import and Export ODM Metadata Transactional ? Import and Export ODM Data Transactional ? Import and Export.

The certification of Medidata Rave on all eight ODM use-cases ensures end-to-end system compatibility and effective data exchange in full compliance with the industry's leading standards.

"Medidata's decision to support across-the-board ODM certification was a direct response to our customers' needs and is consistent with our belief that coupling innovation with adherence to industry standards is key to providing sponsors and partners with efficient, interoperable solutions that increasingly streamline the process of clinical development," said Andrew Newbigging, senior director of research and development at Medidata. "An ever-growing number of companies are relying on CDISC for industry standards, and we look forward to partnering with the organization on future initiatives."

Several Medidata executives are currently active in the CDISC community.

Andrew Newbigging, David Gemzik, vice president of implementation services and trial planning solutions, and Ed Seguine, general manager of trial planning solutions, will each deliver presentations at the CDISC European Interchange 2008 in Copenhagen this week. Ed Seguine was also recently appointed to chair elect of the CDISC Industry Advisory Board, while Peter Abramowitsch, vice president of development and trial planning, is a recipient of a 2007 CDISC Team Award and participates in the Protocol Representation Group. Lily Wong, project analyst team lead, represents Medidata in the CDASH group.

About Medidata Solutions Worldwide

Medidata Solutions (www.mdsol.com) is a leading provider of clinical trial solutions that enable the world's most advanced life science organizations to maximize the value of their clinical research investments by putting powerful tools into researchers' hands. A pioneer since 1999 in innovative technologies for planning and managing clinical studies ? including protocol design; clinical data capture, management and reporting; and trial contracting and negotiation ? Medidata Solutions and its global network of business partners address the unique needs of sponsors and sites of all sizes. With deep expertise in conducting studies across all phases and therapeutic areas, on six continents and in more than 80 countries, Medidata Solutions helps clinical researchers reduce trial cycle times, achieve early visibility to reliable clinical data, and maintain strict fiscal responsibility, while safely accelerating the process of bringing life-enhancing treatments to market.

For Medidata Solutions, Inc.Lois Paul & PartnersSusan
Lombardo, 781-782-5767 Susan_Lombardo@lpp.com

Technology: Micron and Nanya sign agreement to create memory technology joint

Boise, Idaho & Taipei, Taiwan (BUSINESS WIRE) - Micron Technology, Inc., one of the world's leading providers of advanced semiconductor solutions, and Nanya Technology Corporation, a global leader in advanced memory semiconductors, announced today that the two companies have signed an agreement to create MeiYa Technology Corporation, a new DRAM joint venture.

The partnership will leverage both Micron and Nanya's manufacturing technology, strengths and experience. As part of the joint venture, a 200 millimeter (mm) Nanya manufacturing facility in Taiwan will be upgraded to industry-leading 300mm technology starting this year, with the facility coming online for production in 2009. In addition to MeiYa, the parties will jointly develop and share future technology.

Both parent companies will own 50 percent of the joint venture initially, and each will contribute USD $550 million in cash by the end of 2009. The transaction is subject to customary closing conditions, including regulatory approval in Taiwan, and is expected to close within the next few months.

"This partnership brings greater scale and efficiency to the DRAM manufacturing operations of both parent companies, and Micron is pleased to officially enter into this joint venture with Nanya," said Mark Durcan, Micron's President and Chief Operating Officer.

"We are sure that MeiYa will demonstrate the synergistic combinations of Nanya and Micron's strength in the DRAM industry," said Dr. Jih Lien, Nanya's President. "Nanya has a very high expectation for this new entity."About Micron Micron Technology, Inc. is one of the world's leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets DRAMs, NAND flash memory, CMOS image sensors, other semiconductor components, and memory modules for use in leading-edge computing, consumer, networking, and mobile products.

Micron's common stock is traded on the New York Stock Exchange (NYSE) under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com.

About Nanya

Nanya Technology Corporation, a member of the Formosa Plastics Group, is a global leader in advanced memory semiconductors, focusing on research and development, design, manufacturing, and sales of DRAM products. NTC's common stock is traded on the Taiwan Stock Exchange Corporation (TSEC) under the 2408 symbol. The company currently owns two 200mm fabrication facilities and one 300mm fabrication facility in Taiwan. The company also has a 300mm joint venture, Inotera Memories, Inc., which operates two 300mm fabrication facilities in Taiwan. Further information is available at http://www.ntc.com.tw.

Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.This document contains forward-looking statements that involve risks, uncertainties and assumptions. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, the parties may be unable to consummate the transactions contemplated by the memorandum of understanding and the results of Micron, Nanya and their respective consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements. The parties are under no duty to update any of the forward-looking statements after the date of this press release.All statements other than any statements of historical facts are statements that could be deemed forward-looking statements. The risks, uncertainties and assumptions referred to above include the ability of the parties to negotiate mutually acceptable definitive agreements, the timing of signing any such agreements, the implementation of a joint development program, the formation of a joint venture and the potential timing of the Nanya facility upgrade.

Micron Technology, Inc.Daniel Francisco, 208-368-5584 dfrancisco@micron.com or
Nanya Technology CorporationDr. Pei Lin Pai, 886-3-3281688 x1008 plpai@ntc.com.tw

Business: Business in Asia Today - April 21, 2008

CHINA'S CNPC TO BUILD LNG TERMINAL IN DALIAN
Dalian, China (ANTARA News/Asia Pulse) - The China National Petroleum Corporation (CNPC), the country's biggest oil producer, has started work on the construction of its first liquefied natural gas (LNG) terminal in Dalian, a port city in northeastern Liaoning Province.
The project, with a total investment of over 10 billion yuan (about $US1.4 billion), consists of a wharf, a receiving facility and transportation pipelines.
It is designed to receive supplies from Qatar, Australia and other overseas markets.
The terminal is designed to store 3 million tonnes of LNG and supply 4.2 billion cubic meters of gas every year in the first phase.

PT PAL RECEIVES $US180MLN ORDER TO BUILD CONTAINER SHIPS
Jakarta (ANTARA News/Asia Pulse) - State-owned shipbuilding company PT PAL Indonesia has received orders from a Thai shipping company for four container ships measuring 50,000 deadweight ton (DWT).
The order from Thoresen Thai Agencies (TTA) is worth US$180 million, PT PAL General Engineering and Maintenance Director Herbadi Noviano said.
Herbadi said the construction of the ships was to be completed in 2010-2013, adding that work could not start at once for the order as PT PAL had to honor contracts made earlier with other customers.

UZBEKISTAN'S ZEROMAX TO INVEST $US238MLN IN OIL, GAS FIELDS
Tashkent (ANTARA News/Asia Pulse) - Uzbek company Zeromax Gmbh has been granted a license to develop major new oil and gas fields in the ex-Soviet republic, said a government resolution Wednesday.
The Swiss-registered Zeromax is an emerging giant in Uzbekistan, controlling businesses in the oil and gas, textile and building sectors.
It owns 16% of a U.K. gold mining company active in Uzbekistan, Oxus Gold PLC (OXS.LN).
According to the document, Zeromax is to invest more than $US238 million between 2008-2012 to explore fields containing 102 million metric tons of hydrocarbons in the southwestern Bukhara and Khiva regions.

QANTAS TO FORM ENGINE MAINTENANCE JV
Sydney (ANTARA News/Asia Pulse) - Qantas Airways (ASX:QAN) is to form an engine maintenance joint venture with repair organisation Lufthansa Technik AG in an effort to increase its access to international customers.
Qantas will sell 50 per cent of its subsidiary Jet Turbine Services to Lufthansa as part of the agreement, the airline said in a statement today.
"The partnership ... is one of the most significant commercial aircraft maintenance joint ventures in Australia, combining Qantas expertise with that of the world's largest independent aircraft maintenance, repair and overhaul operator," Qantas chief executive Geoff Dixon said in the statement.

RENAULT SAMSUNG STARTS BUILDING NEW LOGISTICS CENTER
Seoul (ANTARA News/Asia Pulse) - The Renault Samsung Motors Co., the South Korean unit of French carmaker Renault SA, said Monday it had started building a new South Korean logistics center, in which it will invest 40 billion won (US$40.1 million).
The logistics center in Hamyang, some 330 kilometers southeast of Seoul, would be completed in 2012, the company said in a statement.
Renault Samsung aims to produce 200,000 vehicles this year, up 12 per cent from a year earlier.

MOBILE INTERNET SUBSCRIPTIONS UP 20PCT IN TAIWAN
Taipei (ANTARA News/Asia Pulse) - The number of mobile phone subscriptions registered for mobile Internet services soared 30 per cent year-on-year in the fourth quarter of 2007 to 11.86 million, but actual usage of the function lagged behind, an industry report has revealed.
The increase of 2.71 million mobile Internet subscriptions in Taiwan meant that 48.8 per cent of all cell phone subscriptions
had access to Internet service functions, according to a report released recently by the Foreseeing Innovative New Digiservices (FIND), a Web site run by the Institute for Information Industry to provide professional information on Internet demographics and trends.

CHINA'S COSCO, GPI TO TEAM UP ON COAL TRANSPORT JV
Jakarta (ANTARA News/Asia Pulse) - China's Ocean Shipping Company (Cosco) has agreed to team up with PT Global Putra International (GPI) to establish a joint venture coal transport company with an investment of up to US$1 billion.
GPI chief executive officer Sumadi Kusuma said the joint venture company would buy 8-10 ships for coal transport, mainly from Indonesia to China.
A ship would cost around US$50 million to US$100 million, with a capacity of 50,000 tons - 100,000 tons, Sumadi said.
The ship would fly the Indonesian flag to avoid problems upon the implementation of the cabotage principle in the country in 2010, he said.

PT LAJUR PERDANA INDAH TO INVEST $US222MLN IN SUGAR PROJECT
Jakarta (ANTARA News/Asia Pulse) - PT Laju Perdana Indah plans to build a sugar refinery with an investment of Rp2 trillion (US$222 million) in South Sumatra.
The factory, which will have an annual production capacity of 75,000 tons, would be built with 20,000 hectares of sugarcane plantations, the Indonesian Sugar Association (AGI) said.
AGI chairman Faruk Bakrie said the new factory would contribute to the country's efforts to meet its annual sugar requirement of four million tons a year.
Three prospective investors had been selected by the government and PT Laju Perdana Indah had been declared as meeting the requirements, Faruk said.

SOUTH KOREA TO SET UP INDUSTRIAL PARK FOR JAPANESE COMPANIES
Seoul (ANTARA News/Asia Pulse) - South Korea will set up a specialized industrial park for Japanese high-tech parts and materials manufacturers, a senior government policymaker said Monday.
Speaking at the Korean Investment Forum in Tokyo, Knowledge Economy Minister Lee Youn-ho said the park aims to attract Japanese businesses and help reduce South Korea's trade deficit with its neighbor.
The bulk of South Korea's trade deficit with Japan has been caused by the need by local companies to import value-added parts and intermediate goods from Japan so that finished goods can be made in Korea for both domestic consumption and export.

INDONESIA'S PT NUSANTARA TO ACQUIRE 51PCT OF SEMEN BOSOWA
Jakarta (ANTARA News/Asia Pulse) - Publicly-listed construction company PT Nusantara Infrastructure (JSX:META) will soon acquire 51 per cent of cement producer PT Semen Bosowa Maros at a price of Rp700 billion ($US76.6 million).
Nusantara had secured a loan pledge from banks in Singapore to finance the acquisition, its President Muhammad Ramdani Basri said.
He hoped the process of acquisition would be completed towards the end of the year.
His company would continue its ambition to expand its operations until 2010, by planning to acquire another company operating in drilling industry this year.

Source:
Business in Asia Today - APRIL 21, 2008
published by Asia Pulse

COPYRIGHT © 2008

Fund/Bank: Indochina Capital Vietnam previews 2q 2008

Ho Chi Minh City, Vietnam - Indochina Capital Vietnam Holdings Limited ("ICV" or the "Fund") (LSE:ICV) is pleased to announce the release of its Investment Manager's Commentary previewing the Second Quarter 2008.

The Quarterly is a summary of the state of Vietnam's economy and equities markets combined with a comparison of ICV's performance since IPO over twelve months ago, an update on the Fund's investment strategy and outlook, and a detailed look at the Fund's portfolio holdings and valuations.

Key points from the Quarterly are below: Although a loss leader, ICV has the best performing NAV amongst Vietnam listed funds in Q1 2008.

Also at a loss, ICV has the second best performing NAV amongst Vietnam listed funds over the last twelve months.

The Fund's US$155.4 million cash and liquid bonds are an advantage in Vietnam's oversold equities market.

Upon full investment by August 2008, total allocation will be 50% prelisted equity, 25% SOE prelisted equity, and 25% listed equity.

The portfolio is comprised of reasonably priced equities with nine of the positions held at average PE of 9.2x 2008 E earnings with anticipated EPS growth of 54% resulting in a PEG ratio of 0.2x.

The report is available for download at www.indochinacapital.com.

Please follow the link to "Listed Fund Investors" and click on "Manager Commentaries" in the right sidebar. For further information and questions, please contact Indochina Capital Fund Marketing at icv@indochinacapital.com.

Important Information No representation or warranty is made by the Company as to the accuracy or completeness of the information contained in this announcement and no liability will be accepted for any loss arising from its use.

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Company in any jurisdiction.

Indochina CapitalThu Tran, +848 520 2030
Mobile: +84 907 886 771thu.h.tran@indochinacapital.com