Wednesday, May 07, 2008

Energy: Biogas Power Generation Markets - An effective solution to waste

Biogas Power Generation Markets - an effective solution to waste treatment?

Singapore (BUSINESS WIRE) - Frost & Sullivan's Energy & Power Systems practice in Asia Pacific (http://www.energy.frost.com) will host an analyst briefing webinar on the Biogas Power Generation Markets on May 13th 2008, at 11:00 hrs (GMT +08:00hrs) Singapore time.

Renewable energy development has become inevitable in order to counter the harmful effects of global warming. Based on the resource potential in each country, industry stakeholders are exploring various options to curb green house gas emissions (GHG), the primary source of global warming. Producing biogas and utilizing it for power generation application is one such option among the various renewable energy technologies. Despite constraints of high installation costs and slow progress, the biogas power generation markets is forecast to augment by leaps and bounds across Southeast Asia and Australia and New Zealand (ANZ) regions.

This analyst briefing will take a look at new and emerging trends in the SEA and ANZ and SEA renewable energy developments and the biogas power generation market as well as cover key market dynamics. Highlights of the briefing include: An analysis of the biogas power generation market in Southeast Asia and ANZ in terms of current installed capacity, growth potential, feedstock availability, cost component analysis and other key trends observed in the market. We will also provide an update of related and upcoming research, along with an opportunity for a question and answer session with the analyst.

This analyst briefing will benefit Feedstock Suppliers, Original Equipment Manufacturers (OEMs), Engineering and Construction Contractors, System Integrators, Biogas project developers, Independent dealers, Service Providers, and Local Distributors as it discusses the key emerging trends coupled with estimated forecasts for the biogas power market.

Suchitra Sriram, Industry Analyst says, "Enduring support from the Governments is expected to provide an enormous thrust to the commercial development of biogas power generation markets in the long run. Biogas is not only a renewable energy source, but also checks water pollution and prevents soil degradation. It largely helps in checking the alarming negative impact of GHG emissions that is emitted from waste into the atmosphere.

Suchitra states that the growth of this industry is threatened by high initial capital costs, unattractive feed-in-tariff, red-tape in the approval of projects, and lack of finance among the small and medium scale end-user segments.
However, with international funding mechanisms, abundant feedstock availability, involvement of non-government organizations (NGOs), government schemes and targets, and wide public support, this industry is poised to boom remarkably."

Suchitra adds, "Untapped market potential has attracted new entrants across the value chain of the industry and has also encouraged existing renewable energy project development companies to include biogas in their portfolio. To gain a strong foothold in the market, it becomes critical for equipment suppliers to prove the long-term sustainability of projects, provide accurate estimates and deliver equipment on time. Existing project developers should provide structured financing, strong project development and management capabilities, and turnkey solutions."

Suchitra explains that efficient and proven technology, operational guarantee, competitive price, reliable equipment, prompt service and maintenance are some of the key competitive factors in the biogas power generation market. All the major international companies operate in these regions through authorized dealers and distributors. They work in close association with government agencies, local project developers and contractors."

Join us as Suchitra shares her insights on how managing and curbing global warming are very compelling driving factors for renewable energy development and biogas power generation in ANZ and SEA. Those interested in registering for the interactive webinar should send an email to Corporate Communications - Donna Jeremiah at djeremiah@frost.com with the following information: full name, company name, title, telephone number, e- mail address, city, state and country. The registration details will be emailed to you upon receipt of the above information.

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Frost & Sullivan Corporate Communications Asia Pacific:Donna Jeremiah, +603 6204 5832
djeremiah@frost.com

Business: Safety is not by accident - The SE Asian safety systems market

Singapore (BUSINESS WIRE) - Frost & Sullivan's Electronics & Security Practice in Asia Pacific (http://www.electronics.frost.com) will host an exclusive live briefing on the Safety Systems market in Southeast Asia on May 15, 2008 at 11:00 hrs (GMT+ 08:00hrs) Singapore time.

Increasing foreign investments in SE Asia demand for certified safety systems in process industries. Stringent safety norms and regulations have driven the process industries in SE Asia to invest on safety system. Safety system in SE Asia is in its growing stage which is primarily driven by oil and gas, chemicals and other process industries.

The level of awareness varies from country to country in SE Asia, since the region is highly diversified. It is witnessed that during the forecast period, safety system market in SE Asia will have a significant growth rate. Industries install safety systems not only as a preventive measure to avert accidents but see that as an opportunity for increasing profitability and productivity.

Increasing awareness among the industries has accelerated the growth of the safety systems market in SE Asia. Fast growing industries like oil and gas, chemicals and petrochemicals in SE Asia are prone to cause accidents which greatly create an increased need for certified safety systems. Due to this, intense competition among safety system providers in SE Asia is predicted. Integration of wireless technology with safety system will be the prime area of focus in coming years.

This analyst briefing will provide an overview of the Southeast Asian safety systems market and a breakdown of its key applications, benefits, drivers and restraints. Highlights of the briefing include an analysis of market trends, safety norms, SE Asian customer requirements from a safety system provider, market sizing in percentage based on applications and end users and recommendations to safety system suppliers. We will also provide an update of related and upcoming research and provide an opportunity for a question and answer session with the analyst.

This briefing will benefit safety system manufacturers, distributors, system integrators, safety engineers, process maintenance and service engineers, procurement executives and research analysts by covering the SE Asian safety system market and its trends.

P.R. Shyam Sunder, Research Analyst for the Industrial Process Control Practice of Frost & Sullivan Asia Pacific says, "Safety systems enhance the protection of man, assets and surroundings. The maximum reliability and maximum availability of safety systems in a process industry directly impacts a plant's quality and productivity." He adds," The integration of safety and control systems with increasing flexibility has attracted end users attention towards the implementation of safety system."

Join us as Shyam shares his insights enhancing safety systems, and how doing that enhances businesses and business environments. Those interested in registering for the interactive live briefing should send an email to Corporate Communications - Donna Jeremiah at djeremiah@frost.com with the following information: full name, company name, title, telephone number, e-mail address, city, state and country. The registration details will be emailed to you upon receipt of the above information.

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Frost & Sullivan Corporate Communications - Asia Pacific:Donna Jeremiah, +603 6204 5832 djeremiah@frost.com

Business: Prepare for Landing! - Robust expansion and development of airports in Asia Pacific

Singapore (BUSINESS WIRE) - Frost & Sullivan's Aerospace and Defense Practice in Asia Pacific (APAC) (http://www.aerospace.frost.com) will host an exclusive analyst briefing on airport development and expansion in Asia Pacific on May 20 at 14:00 hrs (GMT + 08:00hrs) SGT (Singapore time).

The growth of air passenger and cargo traffic in Asia Pacific has been apparent in recent years and it is obvious that airports would have to beef up their capacity in order to cater to this increase in traffic.

The industry has seen the development of new airports and expansion of current ones across the region, as airports across Asia Pacific prime themselves to make sure of a sizeable capture of the capacity that is going to be available in the future. Expansions have ranged from landside infrastructure to airside infrastructure and the industry is expected to benefit from this across the supply chain.

This exciting analyst briefing takes a look at the factors that are driving the expansion and developments of airports throughout the supply chain, as well as the types of strategic expansions and the macro market outlook for the whole industry. Highlights include a look at growth strategies for investors and suppliers. We will also provide an update of related and upcoming research and provide an opportunity for a question and answer session with the analyst.

This briefing will benefit airport investment companies, airport management companies and consortiums, equipment suppliers and solution providers throughout the entire airports supply chain by discussing emerging trends and providing macro forward projections for the airports industry in Asia Pacific.

Nor Azman Aziz, Research Consultant with Frost & Sullivan's APAC Aerospace & Defense team says, "As airports compete for a slice of the future projected capacity, they will also be looking to establish themselves in the long term as a regional hub for low cost carriers, international legacy carriers or both. In order to ensure the growth of revenue streams in the future, strategic expansions and developments of new infrastructure is critical in line with their specific objectives in the long term. This can only signal a bright future for the airports industry in Asia Pacific, across the supply chain."

Join us as Azman shares his insights on the impressive development and expansive expansions of APAC's airports market.
Those interested in registering for the interactive live briefing should send an email to Corporate Communications - Donna Jeremiah at djeremiah@frost.com with the following information: full name, company name, title, telephone number, e-mail address, city, state and country. The registration details will be emailed to you upon receipt of the above information.

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.
Frost & SullivanCorporate Communications - Asia PacificDonna Jeremiah, +603 6204 5832 djeremiah@frost.com

Entertainment: Jetstar launches 'JetSaver Light' in Thailand

Bangkok - Medianet International-AsiaNet/ - Makes every day low fares now even lower Australia's low fares airline, Jetstar, has launched an innovative new air fare product on international services between Australia and Thailand that provides customers with the choice to travel with carry on baggage only at a lower fare.

With JetSaver Light, each economy class passenger travelling on the Bangkok-Melbourne and Phuket-Sydney routes with Jetstar from today can save THB 500 per one way flight by opting to have carry-on luggage only of up to 10 kilograms in a standard size bag.

Jetstar will offer 'JetSaver Light' for Thailand customers through Jetstar.com, Jetstar Telephone Reservations (0-2267-5125) and availability to travel agents on the carrier's trade websites.

The launch of the new airfare product will provide even greater choice to consumers when choosing to fly between Thailand and Australia, whilst continuing to offer its existing economy fare product JetSaver that allows for an allocation of 20kg of free checked-in baggage per customer per flight.

JetSaver Light was successfully introduced to Jetstar's Australian and New Zealand customers in February and its launch in Thailand coincides with the fare product's availability to other South East Asian markets for Jetstar including Malaysia and Indonesia.

In Australia, take up of JetSaver Light by Jetstar customers on domestic services is on average 20 per cent per flight, but has attracted even higher levels of fares sold.

As an example, if the lowest available JetSaver one way fare between Bangkok-Melbourne and Phuket- Sydney is available from THB 7400# (exclusive of surcharges, fees and taxes). The equivalent JetSaver Light fare would be available at THB 6900.

JetSaver Light fares may be purchased either one-way or return.

Jetstar Chief Executive Officer Alan Joyce said: "Jetstar's commitment to every day low fares is further underpinned by this new, innovative pricing initiative which further reinforces the price leadership position that our airline has successfully pursued in the Thai market.

"The new fare product offers people a choice a choice of an even lower economy fare by forgoing checked-in baggage or the continued offering of a JetSaver economy fare or StarClass, Jetstar's international class product offering on our A330 service between Bangkok-Melbourne or Phuket-Sydney." "Jetstar believes this new fare type provides a fresh incentive for people to more strongly consider taking a short break or a business trip to Australia for a lower price." "As our airline achieves real cost savings through this decision, we believe a lower air fare should be passed back as the trade-off. By offering more choices to customers and allowing them to pay for the services they value when flying Jetstar, greater demand for travel on our network may occur." Supporting its continued commitment of offering more choices and every day low fares,
Jetstar recently increased the maximum carry-on luggage weight from 7 kilograms to 10 kilograms per paying passenger for a standard size bag to meet enhanced cabin baggage weight restrictions.

Jetstar currently flies three times a week between Bangkok and Melbourne and three times a week between Phuket and Sydney.

The airline's diverse platform of choices and incentives has become very popular with passengers flying to and from Thailand. For economy class passengers, Jetstar's innovative "Choices" model presents an appealing variety of meal, entertainment and comfort options available for pre-purchase or purchase on board.

For economy class passengers, Jetstar's innovative "Choices" model presents an appealing variety of meal, entertainment and comfort options available for pre-purchase or purchase on board.

Existing Jetstar customers with current JetSaver fare bookings for future travel may not exchange their current booking for a JetSaver Light fare. Visit Jetstar.com for more details.

Media enquiries:
Simon Westaway
General Manager Corporate Relations
Tel: +61 (0) 401 994 627
Simone Pregellio
Corporate Communications Manager
Tel: +61 (0) 438 090 970
James Best
Aziam
SOURCE: Jetstar

Business in Asia Today - May 07, 2008

ABU DHABI TO HAVE RAILWAY SYSTEM IN SEVEN YEARS
Abu Dhabi (ANTARA News/Asia Pulse) - The Abu Dhabi emirate is planning to construct a railway system by the year 2015, to cope with the transportation problem of its ever increasing population, a senior transport official has said. "It's clear we can't sustain the growth of this city on private cars alone.
We have to focus on public transport," said Falah al Ahbabi, the general manager of the Urban Planning Council (UPC).
The population of Abu Dhabi is expected to increase to more than three million people by 2030, and planners say it is 'a must' for Abu Dhabi, heavily reliant on a taxi service that often cannot cope with the demand, to have its own metro by 2015, a report published by the National daily said.

MAGAZINE SURVEY UNVEILS TAIWAN'S TOP 1,000 COMPANIES
Taipei (ANTARA News/Asia Pulse) - Hon Hai Precision Industry Co. (TAIEX:2317), the world's largest contract electronics manufacturer, remained Taiwan's largest private manufacturing company in 2007, according to the results of a survey conducted by a local magazine on the country's top 1,000 firms.
Hon Hai topped the chart as it earned NT$1.7 trillion (US$55.8 billion) in revenues in 2007, said the CommonWealth Magazine, which released the annual survey Monday.
Hon Hai was followed by Quanta Computer Inc. (TAIEX:2382), which overtook Asustek Computer Inc. (TAIEX:23571), as it recorded NT$777.4 billion in revenues last year, the survey found.

MALAYSIA'S MAYBANK ACQUIRES STAKE IN PAKISTAN'S MCB BANK
Karachi (ANTARA News/Asia Pulse) - Pakistan's MCB Bank Limited and Malaysia's Maybank (KLSE:1155) Monday announced signing of agreements, whereby Maybank will acquire up to 20 per cent of ordinary shares in MCB Bank Limited (MCB or Bank) from Nishat Group.
The agreement underlines MCB commitment to enter next phase of growth by partnering with a leading financial services group, thereby expanding its product offering and improving efficiency to better serve its customers.
The transaction represents the largest Foreign Direct Investment into Pakistan in 2008 and the largest ever private sector cross border transaction in Pakistan.

AUSTRALIA'S REX CANCELS FLIGHTS DUE TO PILOT SHORTAGE
Sydney (ANTARA News/Asia Pulse) - Australian regional airline Rex has cut back its flight schedule, including cancelling winter flights to ski fields, due to a shortage of pilots.
The airline, Regional Express Airlines (ASX:REX), will suspend its Sydney to Cooma route indefinitely, instead of recommencing flights there after a summer hiatus.
It also will reduce flights elsewhere in the network, together amounting to a three per cent cutback in services.
Rex said a shortage of pilots, high attrition rates and aggressive recruiting by the major airlines meant that its flights cannot be reliably staffed.

S KOREAN AUTO OUTPUT FALLS 3 PCT IN APRIL
Seoul (ANTARA News/Asia Pulse) - South Korea's production of cars, trucks and buses fell three per cent in April from the same month last year, mainly due to falling exports to the United States and Europe, an industry group said Wednesday. Production fell to 363,399 units last month for the third consecutive month of declines, an official at the Korea Automobile Manufacturers' Association said.
In April, exports slipped two per cent from a year earlier to 249,326 units, while domestic sales rose 11.4 per cent to 110,954 units, the association said.

UCC TO EMERGE AS 3RD JAPANESE CAFE CHAIN WITH PURCHASE OF RIVAL
Tokyo (ANTARA News/Asia Pulse) - UCC Ueshima Coffee Co. on Friday reached a basic agreement to turn Kohikan Corp., Japan's third-largest cafe operator, into a subsidiary by acquiring an 89 per cent stake.
The deal will catapult the fifth-ranked UCC to No. 3 among specialty coffee chains, after Doutor Coffee Co., a unit of Doutor-Nichires Holdings Co. (TSE:3087), and Starbucks Coffee Japan Ltd. (TSE:2712).
UCC will buy the stake May 30 for an undisclosed sum from the founding family and other shareholders of Kohikan.
It plans to continue raising its interest to take a 100 per cent stake later this year.

MITSUBISHI RAYON TO SHRINK ACRYLIC FIBER OPS TO LIFT PROFITABILITY
Tokyo (ANTARA News/Asia Pulse) - Mitsubishi Rayon Co. (TSE:3404) plans to reduce its acrylic fiber production capacity roughly 30 per cent by fiscal 2010, which ends March 31, 2011, to help improve profitability at its acrylic fiber business. According to the major acrylic fiber producer's three-year business blueprint through fiscal 2010, the company also will withdraw from some money-losing chemical operations.
Mitsubishi Rayon has set a goal of achieving 500 billion yen (US$4.8 billion) in sales in fiscal 2010.
Its return on equity in that year is expected to come to 8.5 per cent.

AUSTRALIA'S TOLL AQUIRES NZ'S UNITED CARRIERS TRUCKING CO
Melbourne (ANTARA News/Asia Pulse) - Australia's largest freight company, Toll Holdings Ltd (ASX:TOL), has acquired New Zealand's United Carriers trucking company after the suitor recently sold its rail and ferry operations in that country.
The transport operator said today it had signed a conditional purchase agreement for the trucking business, which had an annual turnover of about $NZ50 million (US$39.4 million).
"United is a very complementary acquisition for Toll. It expands our existing businesses in New Zealand into Northland where our presence was previously limited," Toll managing director Paul Little said in a statement.

KOREA'S STX PAN OCEAN REPORTS SIX-FOLD INCREASE IN Q1 EARNINGS
Seoul (ANTARA News/Asia Pulse) - STX Pan Ocean Co. (KSE:028670), South Korea's second-largest shipping line, said today that its first-quarter earnings increased nearly six-fold from a year earlier as demand for transportation of raw materials to China allowed it to boost prices.
Its net profit reached 277 billion won (US$271 million) in the January-March period, compared with 47.5 billion won a year earlier, the company said in a regulatory filing.
Sales increased 104 per cent to 1.85 trillion won, and operating income more than tripled to 275 billion won, according to the company.

INDIA'S PRITISH NANDY INKS FILM PRODUCTION DEAL WITH SONY PIC
Mumbai (ANTARA News/Asia Pulse) - Pritish Nandy Communications (PNC)(BSE:532387) on Tuesday said it has entered into an agreement with US-based Sony Pictures for co-production of three films in India, the domestic film production firm said in a filing to the Bombay Stock Exchange.
"The co-production deal is a major breakthrough for Indian cinema and brings together Indian talent and international talent and studio expertise to exploit the global opportunities that exist for our kind of movies," PNC chairman Pritish Nandy said.

Source:
Business in Asia Today - MAY 07, 2008
published by Asia Pulse

COPYRIGHT © 2008

Entertainment: Jetstar reduces every day low fares with JetSaver Light

Kuala Lumpur - Medianet International-AsiaNet/ - Beginning 7 May 2008, Qantas Group value based airline Jetstar Airways ("Jetstar") will launch JetSaver Light, an innovative new air fare product, on its international flights between Australia and Malaysia.

With JetSaver Light, each economy class passenger travelling on the Kuala Lumpur-Sydney route can save RM60 per one way flight by opting to have carry-on luggage only of up to 10 kilogrammes in a standard size bag.

The new product fare will be available on Jetstar.com, Jetstar Telephone Reservations (+ 1800 81 3090) and through travel agents listed on the carrier's trade websites.

According to Jetstar Chief Executive Officer Alan Joyce, "Jetstar's commitment to every day low fares is further underpinned by this new pricing initiative.

The new fare product offers the choice of even lower fares and is an incentive to encourage customers to take a short leisure break or business trips on our fast expanding network." "As our airline achieves real cost savings through this decision, we believe a lower air fare should be passed back as the trade-off. By offering more choices to customers and allowing them to pay for the services they value when flying Jetstar, greater demand for travel on our network will be stimulated." JetSaver Light was introduced to Australia and New Zealand customers in February 2008 and is currently offered throughout Australia's domestic, trans-Tasman routes and most Jetstar international routes apart from Honolulu and Japan.

The airline's popular JetSaver fare product will still be available and will continue to allow up to 20 kilogrammes of free checked-in baggage allowance per paying passenger on domestic and international services.

Supporting its continued commitment of offering more choices and every day low fares, Jetstar recently increased the maximum carry-on luggage weight from 7 kilogrammes to 10 kilogrammes per person for a standard size bag to meet enhanced cabin baggage weight restrictions.

Existing customers with current JetSaver fare bookings may not exchange their current booking for a JetSaver Light fare.

Jetstar currently flies three times a week between Kuala Lumpur and Sydney.

Please visit Jetstar.com for more details.
Media enquiries:
Simon Westaway
General Manager Corporate Relations
Tel: +61 (0) 401 994 627
Simone Pregellio
Corporate Communications Manager
Tel: +61 (0) 438 090 970
SOURCE: Jetstar

Technology: Discussion on how CDMA200 enables convergence industries

Leading Infrastructure Suppliers to discuss How CDMA2000 is enabling the convergence of industries CDMA Development Group to Host Live Web Cast On May 20: 'The Convergence of Industries: How CDMA2000 Networks are evolving to meet future consumer and business needs'

Advisory (PRIME NEWSWIRE) -

WHAT: Leading CDMA2000(r) infrastructure provider executives will participate in a live Web cast hosted by the CDMA Development Group (CDG) (www.cdg.org) to discuss how several major revenue-generating industries are extending their customer reach by delivering their services within the wireless world through key advancements in the CDMA2000 core network,
radio network and service enabler functions.
Key topics to be discussed during the Web cast include:
* How several previously independent industries are converging within the wireless space by using mobile networks
to extend the delivery of their services
* Enhancements to the core network to enable convergence:
o IMS (IP multimedia subsystem)
o FMC (fixed-mobile convergence)
o QoS (Quality of service)
* Extending coverage:
o Femtocells and their business case
o Radio Access Network (RAN) interoperability
* Delivering advanced applications and services:
o Mobile television
o VoIP (Voice over IP)
o PtX (push-to-X)
o User Generated Content (UGC)
o Other low latency applications
o Concurrent services
* Market trends and implications for operators

WHO: David Chamberlain, Principal Analyst at In-Stat, will moderate the discussion featuring the following participants:
* Amit Jain, Vice President and General Manager of In-Building Networks, Airvana
* Indranil Chatterjee, Director of Wireless Strategy and Business Development, Alcatel-Lucent
* Bastian Schoell, Senior Manager, Carrier Wireless Market, Nortel
* Joe Lawrence, Vice President of Marketing, CDMA Development Group

The CDMA Development Group is a trade association formed to foster the worldwide development, implementation and use of CDMA2000 technologies. The more than 130 member companies of the CDG include many of the world's largest wireless carriers and equipment manufacturers. The primary activities of the CDG include development of CDMA2000 features and services, public relations, education and seminars, regulatory affairs and international support. Currently, there are more than 500 individuals working within various CDG subcommittees on CDMA2000-related matters.

WHEN: May 20, 2008 - Live Web cast will last approximately one hour with an opportunity to submit questions online.
Webcast will begin at 8:30 a.m. PDT, or 11:30 a.m. EDT, 3:30 p.m. GMT, 5:30 p.m. (Johannesburg, South Africa), 9:00 p.m. (New Delhi, India)

WHERE: Participation is limited and pre-registration is required.

Contact the CDG News Bureau at +1-714-540-1030, or
cdg@bockpr.com to obtain information on the Web cast
and to register for the event.
The CDG logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2911
-0-
CONTACT: CDG News Bureau
Ricca Silverio
+1 714 540-1030
cdg@bockpr.com

Business: Tarpon Systems Int'l acquires Tarpon System From Acergy Group

Houston (PRIME NEWSWIRE) - Tarpon Systems International LLC today announced the acquisition of Tarpon System from the Acergy Group, including all patents, rights, and licenses, for an undisclosed amount. The acquisition, effective May 1, 2008, will broaden Tarpon's asset base and allow for a wider range of solutions to include design and engineering, fabrication, installation management, and contracting.

In conjunction with JAB Energy Solutions, LLC, based out of Houston, Texas, and Allison Marine Contractors Inc., the acquisition will also allow for handling of larger scopes in a customer-focused environment.

"We are excited about the acquisition and believe this design was underutilized in the past due to previous marketing and promotional limitations," said Steve Orlando, Owner of Tarpon Systems International LLC. "We believe the patented design of the Tarpon system is the most efficient, reliable, marginal field development structure available on the market today."

Tarpon Systems' marginal field development structure has proven to be commercially attractive due to its low capital investment, early production availability, residual value of reusable components, and single focal point coordination.
Currently, there are over fifty installations worldwide with plans to expand an offshore presence through enhanced marketing strategies.

About Tarpon Systems International LLC

Tarpon Systems International LLC was founded in 2008 with the focus of providing its global clients a better solution for field development.

Johnny Boudreaux, Senior Operating Partner, has been directly involved with the design, fabrication, and installation of over fifty Tarpon Systems worldwide. His expertise has been integral in developing the Tarpon System's reputation as the most reliable structure in its class.

Coupled with over one hundred years of operational experience by the management team, in the execution of field development projects from conception to completion, Tarpon Systems International LLC is poised to position itself as a premier option for upstream offshore oil and gas production.
Tarpon Systems International LLC is based out of Houston, TX.

The Tarpon Systems International LLC logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=5010

For more information, please visit www.tarponsystems.com or contact Johnny Boudreaux via email at info@tarponsystems.com or
telephone at 281-260-7500.

-0-
CONTACT: Tarpon Systems International LLC
Johnny Boudreaux
281-260-7500
info@tarponsystems.com
www.tarponsystems.com

Technology: comScore ranks the Top Japanese Web Sites for March 2008

End of school year prompts visits to travel and entertainment sites
Yahoo! sites maintains commanding lead in Japanese market

Tokyo (ANTARA News/PRNewswire-AsiaNet) - comScore, Inc. (Nasdaq: SCOR), a leader in measuring the digital world, today released its March 2008 rankings of the largest and fastest-growing Internet properties and site categories in Japan, based on data from the comScore World Metrix audience measurement service. With the past school year coming to a close in March, many people in Japan turned to the Web to prepare for the new school year and to research graduation celebrations and trips. Online gaming destinations Konami and NHN Corporation also experienced increases as spring vacation meant more time for online games.

"The end of the school year is a busy time for people in Japan, as many plan graduation celebrations or their spring breaks in March before returning to classes in April," said Maru Sato, Managing Director of comScore Japan. "Travel sites such as Jalan.net and Mapion.co.jp saw traffic increase as people prepared for their vacations, while restaurant navigation destination Hotpepper.jp and entertainment destination site Walkerplus.com also experienced significant gains."

Top Gaining Properties for March 2008
Top 10 Gaining Properties by Number of Japanese Unique Visitors*
March 2008 vs. February 2008
Age 15+ Home and Work Locations**
Source: comScore World Metrix
Total Unique Visitors (000)
Property
Feb-2008
Mar-2008
% Change
Total Internet : Total Audience
54,395
54,935
1
MAINICHI.JP
4,678
6,062
30
WALKERPLUS.COM
2,157
2,785
29
Konami
2,147
2,645
23
JALAN.NET
3,214
3,926
22
VEOH.COM
2,712
3,162
17
Adobe Sites
5,840
6,806
17
NHN Corporation
4,589
5,297
15
WITH2.NET
3,985
4,589
15
MAPION.CO.JP
4,997
5,751
15
HOTPEPPER.JP
2,631
3,023
15
* Ranking based on the top 100 Japanese properties in
March 2008.
** Excludes traffic from public computers such as Internet
cafes or access
from mobile phones or PDAs.
Top 10 Properties for March 2008
Top 10 Properties by Number of Japanese Unique Visitors*
March 2008 vs. February 2008
Age 15+ Home and Work Locations**
Source: comScore World Metrix
Total Unique
Visitors
Mar-08
Feb-08
(000)
Rank
Rank
Property
Mar-08
N/A
N/A
Total Internet : Total Audience
54,935
1
1
Yahoo! Sites
44,031
2
2
Google Sites
34,305
3
3
Rakuten Inc
29,344
4
4
Microsoft Sites
29,252
5
5
FC2 inc.
27,608
6
6
NTT Group
27,406
7
7
GMO Internet Group
25,225
8
8
Livedoor
22,740
9
9
Nifty Corporation
22,262
10
10
Wikipedia Sites
21,844
* Ranking based on the top 100 Japanese properties in March 2008.
** Excludes traffic from public computers such as Internet cafes or access
from mobile phones or PDAs.

About comScore

comScore, Inc. (Nasdaq: SCOR) is a global leader in measuring the digital world. For more information, please visit http://www.comscore.com/boilerplate

SOURCE comScore, Inc.
CONTACT: Maru Sato of comScore Japan K.K.,
+81-3-5789-5555,
hsato@comscore.com
Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Web site: http://www.comscore.com

Metal/Mining: Metal/Mining: Low emission buses for Singapore built with Rio Tinto Alcan aluminium

New low emission buses for Singapore built with Rio Tinto Alcan aluminium - lightweight technology

Paris - CNW-AsiaNet/ - Alcan Extruded Products, part of Alcan Engineered Products - a business unit of Rio Tinto Alcan, is pleased to announce that it is supplying the aluminium extrusions, sheets and joining elements for a series of 500 low-floor city buses for Singapore.

This significant order is the starting point for the on-going replacement of SBS Transit, the local public transport company's bus fleet of 2,700 vehicles.

"We are very pleased to have been selected to supply the innovative aluminium EcoRange(R) body structure system," said Reinhard Fleer, president of the Alcan Extruded Products. "Due to its high-end technical characteristics, it offers multiple benefits to our customers."

"This important supply contract demonstrates the bus builder's and operator's confidence in Rio Tinto Alcan's advanced lightweighting technologies to deliver weight and cost improvements without compromising safety and performance", he added.

The EcoRange(R) body structure system, developed by Alcan Extruded Products, includes high-performance aluminium extrusions, aluminium panels, as well as aluminium bolted connections for fast and easy assembly.

To the operator, the EcoRange(R) lightweight all aluminium solution will result in considerable weight-savings and thus in less fuel consumption and reduced CO2 emissions of the vehicle.
Additional significant emission reductions will be achieved with the modern Euro 4 EGR Scania engine.

The Alcan Extruded Products EcoRange(R) system also meets SBS's stringent demand for a strong body structure for improved passenger safety through innovative design. The bodywork for all buses is produced by Scania's and Rio Tinto Alcan's local partner Gemilang Coachworks in Malaysia.

Alcan Extruded Products is a key player in Europe with a focus on specialty products for the mass transport sector. It includes production facilities in France, Germany, Switzerland, the Czech Republic and Slovakia.

About Rio Tinto

Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.

Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.

Forward-Looking Statements
This announcement includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Rio Tinto's financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to Rio Tinto's products and production forecasts), are forward-looking statements.

Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Rio Tinto, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding Rio Tinto's present and future business strategies and the environment in which Rio Tinto will operate in the future.

Among the important factors that could cause Rio Tinto's actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others, levels of actual production during any period, levels of demand and market prices, the ability to produce and transport products profitably, the impact of foreign currency exchange rates on market prices and operating costs, operational problems, political uncertainty and economic conditions in relevant areas of the world, the actions of competitors, activities by governmental authorities such as changes in taxation or regulation and such other risk factors identified in Rio Tinto's most recent Annual Report on Form 20-F filed with the United States Securities and Exchange Commission (the "SEC") or Form 6-Ks furnished to the SEC.

Forward-looking statements should, therefore, be construed in light of such risk factors and undue reliance should not be placed on forward-looking statements. These forward-looking statements speak only as of the date of this announcement.

Rio Tinto expressly disclaims any obligation or undertaking (except as required by applicable law, the City Code on Takeovers and Mergers (the "Takeover Code"), the UK Listing Rules, the Disclosure and Transparency Rules of the Financial Services Authority and the Listing Rules of the Australian Securities Exchange) to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in Rio Tinto's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Nothing in this announcement should be interpreted to mean that future earnings per share of Rio Tinto plc or Rio Tinto Limited will necessarily match or exceed its historical published earnings per share.

Subject to the requirements of the Takeover Code, none of Rio Tinto, any of its officers or any person named in this announcement with their consent or any person involved in the preparation of this announcement makes any representation or warranty (either express or implied) or gives any assurance that the implied values, anticipated results, performance or
achievements expressed or implied in forward-looking statements contained in this announcement will be achieved.

SOURCE: Rio Tinto Alcan
CONTACT:
Rio Tinto Alcan Media Relations, Paris: Chrystele Ivins, +33-1-57-00-24-18;
Rio Tinto Alcan Media Relations, Montreal: Stefano Bertolli, +1-514-848-8151;
www.riotinto.com/riotintoalcan

Technology: Intergraph Korea Ltd. acquires TechServer Corp.

Acquisition enhances Intergraph SmartPlant and SmartMarineTM Enterprise engineering software solutions and corporate commitment to the Asia-Pacific region

Huntsville, Alabama (BUSINESS WIRE) - Intergraph Korea Ltd. has acquired all the shares of TechServer Corp., a Seoul-based software and services company specializing in automated drafting, data exchange and system integration in the shipbuilding, process, power and offshore industries.

The strategic acquisition will complement and enhance Intergraph's SmartPlant and SmartMarine Enterprise engineering software solutions and expand Intergraph's capability to serve its growing Asia-Pacific customer base. Terms of the transaction were not disclosed.

TechServer has extensive expertise in software enhancement and integration services, especially for shipbuilding, which is a key enhancement to the Intergraph's Asia-Pacific marine services center capabilities.

TechServer's software automates orthographic drawing in the design of piping, HVAC and raceways. Its e-Draw, e-Clash Review and e-Weld open solutions will be integrated into the SmartPlant and SmartMarine Enterprise portfolios to deliver increased functionality and improved productivity for Intergraph process and power plant and marine customers.

"The acquisition of TechServer is consistent with our vision of investing in the future growth of Intergraph and, in particular, growth in the ever-important Asia-Pacific region," said R. Halsey Wise, Intergraph President and CEO.

"TechServer will provide Intergraph and our fast-growing plant and marine customer base with new capabilities and expanded support in this region."

"Our complementary solutions, resources and cultures will combine to bring added value for all our customers," said TechServer President S.Y. (Simon) Cho.

"We are delighted to join Intergraph and to be an integral part of this dynamic, growing company."

About Intergraph

Intergraph Corp. is a leading global provider of spatial information management (SIM) software. Security organizations, businesses and governments in more than 60 countries rely on the Company's spatial technology and services to make better and faster operational decisions. Intergraph's customers organize vast amounts of complex data into understandable visual representations, creating intelligent maps, managing assets, building and operating better plants and ships and protecting critical infrastructure and millions of people around the world. For more information, visit www.intergraph.com.

About TechServer

TechServer is an international software developing company founded in January 1999 and is based in Seoul, Korea.
TechServer has a branch office located in Changwon, Korea, for shipbuilding and heavy industry companies. By customizing and developing new functionality in CAD software systems, TechServer develops systems to address users' critical requirements and accelerate design processes. TechServer's key capabilities are: automation of design and manufacturing processes; enhancement of existing software functionality; and integration of CAD data with other applications such as PLM (Product Lifecycle Management).

The company's core strengths are drawing (drafting) automation, data exchange and system integration in the shipbuilding, process, power and offshore industries. For more information, visit www.techserver.co.kr.

(c) 2008 Intergraph Corp. All rights reserved.

Intergraph and the Intergraph logo are trademarks or registered trademarks of Intergraph or its subsidiaries in the United States and in other countries. Other brands and product names are trademarks of their respective owners.

Intergraph Corp. David Joffrion Corporate Communications Manager 256-730-2315 David.Joffrion@Intergraph.com

Business: GT Solar signs $8.8 million contract with Nexolon Co., Ltd.

Merrimack, New Hampshire - (BUSINESS WIRE) - GT Solar Incorporated, a key global provider of a comprehensive range of equipment, services and technology solutions to the solar power industry, announced today that it has entered into a contract to supply Nexolon Co., Ltd. of South Korea with DSS450 furnaces and accessories worth approximately $8.8 million (US). Deliveries are expected to be made over the next 5 months.

The DSS450 (Directional Solidification System) model furnace is GT Solar's newest and most technically advanced furnace. The furnace enables solar panel producers to "grow" multi-crystalline silicon ingots, which are processed into wafers and converted into solar cells which produce electricity when exposed to sunlight.

Multi-crystalline wafers are a core component used in the production of solar panels worldwide. GT Solar's latest technology DSS450 furnace allows producers to increase their silicon ingot output by approximately 30 per cent over previous furnace designs.

Ingots produced annually from a DSS450 furnace are capable of providing enough electricity to power up to 1,000 average U.S. homes for one year.

GT Solar began shipments of its DSS line of furnaces in 2003.

"This represents GT Solar's first DSS contract in South Korea, and we look forward to helping our new customer, Nexolon, develop its business and become a key player in the production of multi-crystalline ingots," said GT Solar CEO and President, Tom Zarrella. "This contract is yet another example of GT Solar's key role in providing technology worldwide to meet the demand for solar energy."

Nexolon CEO Woo-Jeong Lee, noted: "We are delighted to have the opportunity to work with GT Solar as we start to build our business to meet solar energy demands in South Korea. We believe GT Solar has the resources and know-how to assist us as we move forward."

About Nexolon Co., Ltd.

Founded in 2007, Nexolon is based in Seoul, Korea and has announced its plans to become a major supplier of monocrystalline and multicrystalline silicon wafers to the solar industry. These silicon wafers are thin sheets of crystalline silicon material principally used to produce solar cells. Nexolon intends to form strategic partnerships with reputable suppliers such as GT Solar and its customers.

Nexolon's headquarter facility is located in Seoul, Korea, and its manufacturing plant is currently being constructed in the Iksan Industrial Complex in Iksan City of JeonBuk Province, Korea. For more information, visit www.nexolon.com.

About GT Solar Incorporated

GT Solar Incorporated, based in Merrimack, NH (USA), is a wholly owned subsidiary of GT Solar International, Inc., and is a key global provider of ingot casting furnaces, polysilicon reactors and turnkey manufacturing solutions across the photovoltaic supply chain. For more information, go to www.gtsolar.com.

Forward-Looking Statement
This press release contains forward-looking statements that are subject to risks and uncertainties. These statements are indicated by words such as "expect,""estimate,""or similar expressions. In particular, this press release contains forward-looking statements about the expected future sales of $8.8 million from the contract executed with Nexolon Co., Ltd. and the expected timing of those deliveries over the next five months.

These statements are based upon information available to GT Solar's management as of the date hereof. Actual results may differ materially from the anticipated results because of certain risks and uncertainties, including, but not limited to, the failure by either party to fulfill its obligations under such contract. GT Solar undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, except as required by law.

GT Solar Fred Kocher, 603-498-5221
or Hill & Knowlton Jessica Anderson, 212-885-0492

Science: Leading Scientist to be new executive Director of Perimeter

Media Advisory - Leading Scientist to be new executive Director of Canada's - Perimeter Institute for Theoretical Physics

Waterloo - CNW-AsiaNet/ - Media Advisory - You are invited to view an important, live webcast announcement by Mike Lazaridis, Chairman of the Board of Directors of Perimeter Institute for Theoretical Physics (PI), regarding the appointment of a new Executive Director - an internationally respected scientist of the highest order who will lead PI in the next, exciting phase of development.

The announcement will take place on Friday, May 9th at 9:30 a.m. eastern daylight time. If you would like to view the webcast, please show your interest by clicking http://www.perimeterinstitute.ca/News/In_The_MediaNew_Executive_Director_to_be_ announced_Friday_May_9/ and a reminder email will be sent to you in advance.

The webcast itself will be viewable on Friday at http://www.perimeterinstitute.ca/directorannouncement.

SOURCE: Perimeter Institute for Theoretical Physics
CONTACT:
Inquiries can be directed to Rene Ellis of
Perimeter Institute at rellis@perimeterinstitute.ca

Business: Heidrick & Struggles opens office in Thailand

Expansion targets demand for multinational and in-country executives

Bangkok (ANTARA News/PRNewswire-AsiaNet) - The world's premier executive search and leadership consulting firm, Heidrick & Struggles International, Inc. (Nasdaq: HSII), has announced the opening of an office in Bangkok, Thailand, as part of its ongoing expansion in the Asia Pacific region.

Heidrick & Struggles has 14 offices across Asia Pacific, in Australia, China, Hong Kong, India, Japan, Korea, New Zealand, Singapore and Taiwan.

The firm reported an increase in net revenue across the Asia Pacific region of 58.8 per cent to $US78.6 million for the year to December 31, 2007 or about 51 per cent on a constant currency basis.

Partner-in-charge in Bangkok is Michael Ascot, who has served in country manager and senior executive roles across Asia. In his recent career, Michael has focused on executive search and coaching.

Ascot has also held the post of Adjunct Professor of International Marketing for the Masters in Marketing degree program at Thammasat University in Bangkok.

Regional managing partner Gerry Davis says that the opening of the Bangkok office will address the "significant demand" for multinational and in-country executives.

"Michael is a 22-year veteran in Asia, with a well-established network in Hong Kong, Thailand, The Philippines, Laos, Myanmar and Vietnam. His background in leadership advisory services will also add to our existing activities in this complementary business to executive search," Davis says.

"Heidrick & Struggles aims to redefine leadership with innovative offerings in succession planning, talent management, team assessment as well as our core executive search expertise. We will continue to strengthen our leadership advisory role as we expand and partner with leading companies across the region to achieve the next phase of growth."

About Heidrick & Struggles International, Inc.

Heidrick & Struggles International, Inc. is the world's premier provider of senior-level executive search and leadership advisory services, including talent management, board building, executive on-boarding and M&A effectiveness.
For more than 50 years, we have focused on quality service and built strong leadership teams through our relationships with clients and individuals worldwide. Today, Heidrick & Struggles leadership experts operate from principal business centers in North America, Latin America, Europe and Asia Pacific. For more information about Heidrick & Struggles, please visit http://www.heidrick.com.

SOURCE Heidrick & Struggles International, Inc.
CONTACT:
Thomas Liddle,
Communications Consultant,
+ 61 2 8205 2376,
tliddle@heidrick.com,
or Eric Sodorff,
Director, Corporate Communications,
+1-312-496-1613,
esodorff@heidrick.com,
both of Heidrick & Struggles International, Inc.
Web site: http://www.heidrick.com

COPYRIGHT © 2008

Business: Tatweer & Merlin form regional strategic alliance for LEGOLAND

Tatweer and Merlin Entertainments Group form regional strategic alliance to develop LEGOLAND(R) Theme Parks
DUBAILAND(R) to host first LEGOLAND(R) Theme Park outside of North America and Europe

Dubai (ANTARA News/PRNewswire-AsiaNet) - Tatweer, a member of Dubai Holding, today formed a strategic alliance with Merlin Entertainments Group, the world's second largest visitor attraction group, to build LEGOLAND(R) Parks across the Arab world.

Tatweer and Merlin Entertainment Group announced the launch of LEGOLAND(R) DUBAILAND(R) - the first LEGOLAND(R) Park ever built outside of North America and Europe. The AED 912 million project, occupying a total of 3 million sq ft inside DUBAILAND(R), the world's largest leisure and entertainment destination, LEGOLAND(R) DUBAILAND(R) will feature more than 40 interactive rides, shows and attractions geared towards families with children ages 2 to 12 and will boost unique attractions geared towards families and children.

Saeed Al Muntafiq, Executive Chairman, Tatweer said: "We are extremely proud of our alliance with LEGOLAND(R) and Merlin Entertainments Group. The partnership once again demonstrates our dedication to deliver on the tourism objectives of Dubai Strategic Plan 2015 as we multiply our portfolio of entertainment offerings, contributing to transforming Dubai into a pioneering world class tourism destination."

"This alliance further consolidates Tatweer's status as the leader in developing the world's most enchanting entertainment concepts and bringing the best leisure and entertainment brands, such as Universal Studios, DreamWorks Animation, Six Flags, Marvel and HIT Entertainment to Dubai. LEGOLAND Park's global reputation in family-friendly rides, shows, attractions and its strong appeal for family and kids will add a new dimension to our offering, providing an enhanced experience to visitors and tourists."

Nick Varney, Chief Executive of Merlin Entertainments Group said: "Merlin Entertainments Group branded visitor attractions, including LEGOLAND(R) Parks are well-known throughout the world as the ultimate destinations for families with young children.

Choosing Dubai for the newest LEGOLAND(R) Park reflects the fact that Dubai is becoming a major holiday destination, not only for the region, but also for visitors worldwide.

Teaming with Tatweer is the perfect way to offer families the LEGOLAND(R) experience and potentially other attractions within Merlin Entertainments."

Broadening the experience for families and visitors, Tatweer and Merlin Entertainments Group will additionally work together to develop new concepts, including LEGOLAND(R) themed hotels and possibly other attractions from Merlin Entertainments' extensive portfolio.

Currently, there are four LEGOLAND Parks: LEGOLAND(R) Billund, LEGOLAND(R) Windsor, LEGOLAND(R) Deutschland and LEGOLAND(R) California which was recently named Best Children's Park for the fourth year in a row by Amusement Today.

LEGOLAND(R) Parks offer families the opportunity to let their imaginations run free, and be immersed in LEGO(R) experiences with a unique mix of kid- powered rides, building challenges, spectacular LEGO(R) models, interactive attractions, family-friendly coasters and shows that pull the audience into the action.

Other projects owned by Tatweer at the Dubailand destination include, The Tiger Woods Dubai, Universal Studios DUBAILAND(R), Global Village DUBAILAND(R), DreamWorks DUBAILAND(R) Animation Park, Hit Entertainment "Little Big Club DUBAILAND(R)," Six
Flags DUBAILAND(R), Marvel DUBAILAND(R) and FREEJ DUBAILAND(R).

Exciting attractions such as Dubai Sports City, MotorCity, Falcon City of Wonders, Al Sahra Desert Resort, the Polo and Equestrian Club, Al Barari and City of Arabia are also part of DUBAILAND(R)'s overall offering.

About LEGOLAND(R)

LEGOLAND(R) is a brand of interactive theme parks dedicated to families with children between the ages of 2 and 12. Each Park features more than 50 rides, shows and attractions geared towards interactive family fun. There are four LEGOLAND Parks in the world - LEGOLAND Billund in Denmark, LEGOLAND Windsor outside of London, LEGOLAND California in the U.S. and LEGOLAND Deutschland near Gunzburg, Germany. The LEGOLAND theme parks are a part of Merlin Entertainments Group. For the most current information, visit http://www.LEGOLAND.com.

About MERLIN ENTERTAINMENTS GROUP:

THE MERLIN ENTERTAINMENTS GROUP is the leading name in location based, family entertainment, which has seen the most successful and dynamic growth of any company in the sector over the last five years. The world's second biggest visitor attraction operator, Merlin operates 58 attractions and 6 hotels in 12 countries, and on 3 continents around the world. Merlin aims to deliver memorable and rewarding experiences to its 33 million visitors worldwide, through its iconic global and local brands, and the commitment and passion of its managers and 13000 employees. Merlin Entertainments operates the following attractions - Madame Tussauds, SEA LIFE,
LEGOLAND, The London Eye, Dungeons, Gardaland, LEGOLAND Discovery Centres, Alton Towers, Warwick Castle, Thorpe Park, Chessington World of Adventures, Earth Explorer and The Pepsi Globe.

About DUBAILAND(R)

DUBAILAND(R), a member of Tatweer, is the world's largest tourism, leisure and entertainment destination, 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 of the region's most dynamic enterprises and a member of Dubai Holding.

Comprising 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; DUBAILAND(R), one of the biggest leisure, entertainment and tourism destinations in the world including Universal City DUBAILAND(R), featuring Universal Studios DUBAILAND(R) as its centerpiece; DreamWorks DUBAILAND(R), the first DreamWorks theme park in the world; Six Flags DUBAILAND(R), the first Six Flags theme park outside North America; "Little Big Club", HIT Entertainment one of a kind project; Marvel Dubailand(R), the world's first 4.5 million sq ft Super Heroes theme park, "The Tiger Woods Dubai," an exclusive golf community that will include the first Tiger Woods designed golf course;

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 Agency: Aseel Nihad Associate Account Manager Jiwin Public Relations Phone: +971-4-3613584
Email: aseel.nihad@Jiwin.ae Or Ahmed Tajedeen Director Marketing - DUBAILAND(R) Destination Direct +971-4-368-00-12
Email: ahmed.tajedeen@dubailand.ae Or John Ussher General Manager Merlin Entertainments Group Limited and LEGOLAND(R)
development Phone: +1-604-882-5463 Email:
john.ussher@legoland.com

SOURCE: Tatweer and Merlin Entertainments Group
CONTACT:
Agency:
Aseel Nihad, Associate Account Manager,
Jiwin Public Relations, +971-4-3613584, aseel.nihad@Jiwin.ae;
or Ahmed Tajedeen, Director Marketing - DUBAILAND(R) Destination, +971-4-368-00-12, ahmed.tajedeen@dubailand.ae;
or John Ussher, General Manager, Merlin Entertainments Group Limited and LEGOLAND(R)development, +1-604-882-5463,
john.ussher@legoland.com
Photo: http://www.newscom.com/cgi-bin/prnh/20080506/304099
Web site: http://www.LEGOLAND.com

COPYRIGHT © 2008

Fund/Bank: Fannie Mae announces plan to raise capital

Washington (ANTARA News/PRNewswire-AsiaNet) - Fannie Mae (NYSE: FNM) announced its plan to raise $6 billion in new capital through public offerings of common stock, non-cumulative mandatory convertible preferred stock and non-cumulative, non-convertible preferred stock.

Fannie Mae is raising $6 billion in new capital through underwritten public offerings of new securities. The company commences today two offerings totaling $4 billion of common stock and non-cumulative mandatory convertible preferred stock.
These offerings will be followed in the very near future by an offering of non-cumulative, non-convertible preferred stock.

Net proceeds of the offerings will be used for general corporate purposes, including to enable the company to maintain a strong, conservative balance sheet, enhance long-term shareholder value, and provide stability to the secondary mortgage market.

All of the common stock is being newly issued by the company. Fannie Mae has granted the underwriters 30-day options to purchase from the company up to an additional 15 percent each of the common stock and non-cumulative mandatory convertible preferred stock.

The common stock and mandatory convertible preferred stock offerings will be managed by Lehman Brothers Inc., and J.P. Morgan Securities Inc., as joint book-running managers. Copies of the preliminary Offering Circulars are available on Fannie Mae's Web site and can be obtained from both underwriters at the following addresses:

-- Lehman Brothers Inc., c/o Broadridge, Integrated Distribution Services, 1144 Long Island Avenue, Edgewood, NY 11717; fax 631-254-7140, or email:
qiana.smith@broadridge.com.
-- J.P. Morgan Securities Inc., 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245, Attention: Chase Distribution & Support Service Northeast Statement Processing Phone: (718) 242-8002.

Fannie Mae is a shareholder-owned company with a public mission. We exist to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to lend to home buyers at low rates. In 2008, we mark our 70th year of service to America's housing market.

Our job is to help those who house America.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae.

Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable offering documents, and that no reliance may be placed on the completeness or accuracy of the information contained in this press release.

You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in the light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.

SOURCE: Fannie Mae
CONTACT:
Janis Smith, +1-202-752-6673,
or Jason Lobo, +1-202-752-1692,
both of Fannie Mae
Website: http://www.fanniemae.com

COPYRIGHT © 2008

Business: Stiefel Laboratories, Inc. acquires ABR Invent and ABR Development

Coral Gables, Florida (ANTARA News/PRNewswire-AsiaNet) - Acquisition of dermal filler product enhances company's aesthetic portfolio Stiefel Laboratories, Inc., the world's largest independent pharmaceutical company specializing in dermatology, announced today that it has acquired ABR Invent and ABR Development, developers of the dermal filler Atlean(R).

Stiefel will acquire all shares of ABR Invent and ABR Development through a definitive stock purchase agreement. Both ABR Invent and ABR Development are legal entities based in France.

"Stiefel Laboratories has been looking for the right dermal filler to add to our aesthetic portfolio for quite some time," said Charles W. Stiefel, chairman and CEO, Stiefel Laboratories.

"After conducting due diligence and extensive research, our team made an offer to ABR Development, a company whose innovation, expertise and product portfolio will significantly strengthen our position in the global aesthetics market. We are delighted that our proposal was accepted."

Atlean(R) dermal filler is currently commercialized in France and Italy and distribution and manufacturing agreements for the product will remain in place throughout Europe. All sales representatives formerly employed by ABR Development will now become employees of Stiefel Laboratories.

Over the next 18 months, Stiefel plans to launch Atlean(R) dermal filler in multiple areas, including parts of Europe, Asia Pacific, Latin America and the Caribbean. The company will continue clinical development of Atlean(R) dermal filler in order to expeditiously submit the product for approval from the Food and Drug Administration (FDA) and other regulatory bodies around the world. Stiefel also expects to develop other products from the ABR portfolio.

According to Bill Humphries, president, Stiefel Laboratories, the company is optimistic that Atlean(R) dermal filler will be approved globally in key aesthetic markets.

"The use of dermal fillers is growing worldwide at a very rapid pace," said Humphries. "Stiefel chose to add Atlean(R) dermal filler to our product portfolio so that we can submit a unique and broader offering of options to our valued physician partners and they can, in turn, offer these products to their patients."

Atlean(R) dermal filler uses a combination of tricalcium phosphate particles (Beta-TCP) suspended in a hyaluronic acid gel. The injectable product is recommended for sculpting and remodelling the face.

Hyaluronic acid occurs naturally in skin tissue, transporting and delivering water to the skin, and contributing to its elasticity. As key ingredients in Atlean(R) dermal
filler, hyaluronic acid facilitates an immediate and temporary volumizing effect, and the micro particles of Beta-TCP, by stimulating endogenous synthesis of collagen, contribute to the sustained effects of the product.

The acquisition of ABR gives Stiefel the opportunity to enter the rapidly growing dermal filler market, which is estimated to reach more than $1 billion in 2010 as more people around the world seek rejuvenation options rather than invasive surgery.

About Atlean(R) Dermal Filler

Atlean(R) dermal filler is a bio-resorbable sculpting and modeling dermal volumizer/filler with hyaluronic acid (HA) plus tricalcium phosphate (Beta-TCP) particles. Atlean(R) dermal filler is implanted subcutaneously or intra-dermally.

The gel contains micro-particles of TCP(R), a bio-compatible, biodegradable, immunologically inert, non-toxic, synthetic ceramic belonging to the calcium phosphate chemical family. It is capable of complete and controlled resorption.

Atlean(R) dermal filler has a CE-Mark granted in 2006 and it is commercialized in France and Italy.

About Stiefel Laboratories, Inc.

Founded in 1847, Stiefel Laboratories (a privately held company) is the world's largest independent pharmaceutical company specializing in dermatology. The company manufactures and markets a variety of prescription and non-prescription dermatological products.

Some of the newest and best- known brands include Duac(R) Topical Gel (clindamycin, 1 per cent - benzoyl peroxide, 5 per cent) available in the Duac(R) Care System (CS); Evoclin(R) (clindamycin phosphate) Foam, 1 per cent; Luxiq(R) (betamethasone valerate) Foam, 0.12 per cent; MimyX(R) Cream; Olux(R) (clobetasol propionate) Foam, 0.05 per cent and Olux-E(TM) (clobetasol propionate) Foam, 0.05 per cent also
available in the Olux(R) / Olux-E(TM)

COMPLETE PACK; Soriatane(R) (acitretin) Capsules available in the Soriatane(R)

CK CONVENIENCE KIT; Verdeso(R) (desonide) Foam, 0.05 per cent; Brevoxyl(R)-4 Creamy Wash (benzoyl peroxide 4 per cent) and Brevoxyl(R)-8 Creamy Wash (benzoyl peroxide 8 per cent) packaged in the Brevoxyl(R) Acne Wash Kit; Extina(R) (ketoconazole) Foam, 2 per cent; Oilatum(R) Cleansing Bar; Physiogel(R) Cream; Stieprox(R) (ciclopirox olamine) Shampoo; REVALESKIN(TM) Skin Care Products; and Sarna(R) Lotion.

Its wholly- owned global network is comprised of more than 30 subsidiaries, manufacturing plants in six countries, research and development facilities on four continents, and products marketed in more than 100 countries around the world.

Stiefel Laboratories supplements its R&D efforts by seeking strategic partnerships and acquisitions around the world. To learn more about Stiefel Laboratories, Inc. visit www.stiefel.com .

SOURCE: Stiefel Laboratories, Inc.
CONTACT:
Media:
Erin Bacher, Associate Director,
+1-678-889-4039, erin.bacher@stiefel.com,
Amy Button, Coordinator, +1-678-714-4153,
amy.button@stiefel.com,
both of Global Public Relations for Stiefel Laboratories, Inc.
Web site: http://www.stiefel.com

COPYRIGHT © 2008

business: Verizon Business joins consortium to build undersea cable system

Verizon Business joins consortium to build undersea cable system between Europe and India

London (ANTARA News/PRNewswire-AsiaNet) - Company's Participation in EIG Enhances Leading Global Network Capabilities Verizon Business Tuesday (May 6) joined a consortium of 16 companies building a next-generation undersea optical cable system connecting Europe, the Middle East and India.

The new system, named the Europe India Gateway (EIG), is the third major submarine cable project Verizon Business has helped launch in the last four years and continues the company's global network leadership in delivering more capacity, reliability and speed for the data, video and voice services of its multinational customers.

The 15,000-kilometer (9,000-mile) cable network system, expected to be completed in 2010, will connect three continents at a cost of more than $700 million (U.S.). It will have a design capacity of up to 3.84 terabits per second (Tbps).

"This new cable system will provide not only a second, diverse route from India to Europe, but also direct access to our network in Europe," said Ihab Tarazi, Verizon Business vice president of global network planning. "Combined with our other network capabilities, we will offer our customers reduced latency (the time it takes data sent from its entry point in the network to reach its destination), reduced provisioning time and increased reliability."

Verizon Business is a leader in developing undersea cable systems. The company is the only U.S.-based founding member of the Trans-Pacific Express Cable, which will provide the first high-speed direct link between the U.S. and mainland China when activated in July.

Verizon Business also is the only founding U.S. partner in an existing Southeast Asia-to-Europe (via the Indian subcontinent) submarine cable called SEA-ME-WE-4 (Southeast Asia-Middle East-Western Europe-4).

The EIG will give Verizon Business customers a second, diverse landing in France. As with SEA-ME-WE-4, Verizon Business will operate a landing station in Marseilles that will connect directly with the company's recently expanded ultra-long-haul network in Europe.

With the addition of the EIG, Verizon Business also plans to extend its industry-leading global mesh architecture to the Middle East and India.

Meshing is network design that connects undersea cable systems on land, allowing for instantaneous rerouting of traffic in the event of multiple undersea cable breaks.
Currently, the company operates a seven-way diverse mesh network between the U.S. and Europe and five-way diversity between the U.S. and Japan, with expansion to seven-way diversity to Hong Kong, South Korea and Taiwan planned for the second half of 2008.

Verizon Business continues to expand its partnerships and presence in the Middle East and India. Verizon Business earlier this year received licenses for international and national long-distance services in India and will offer a full range of services including international private-leased circuits with multiprotocol label switching (MPLS) and Internet protocol (IP) services. The company already holds an Internet service provider license in India.

"As the world's leading companies grow their presence in emerging market regions, they know they can rely on our leading global network to support their critical business applications," said Tarazi. "Wherever they do business in the world, our customers know they can count on us to use our outstanding network capabilities to deliver business solutions."

Verizon Business owns and operates a global fiber-optic network that spans six continents and has more than 485,000 route miles delivering services to customers in more than 150 countries and 2,700 cities throughout the world.

The company is involved in more than 67 submarine cables worldwide.

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.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are
available at Verizon's News Center on the World Wide Web at www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news release.

SOURCE: Verizon Business
CONTACT:
Media, Linda Laughlin, +1-918-590-5595,
linda.laughlin@verizonbusiness.com,
or Jo Perrin, +44-770-252-5868,
jo.perrin@verizonbusiness.com,
both of Verizon Business
Company News On-Call: http://www.prnewswire.com/comp094251.html
Web site: http://www.verizonbusiness.com
http://www.verizon.com

COPYRIGHT © 2008

business: 16 telcos agreement to build high-bandwidth undersea cable

16 telecommunications companies sign agreement to build high-bandwidth undersea cable system from UK to India

London (ANTARA News/PRNewswire-AsiaNet) - Major leaders of the global telecommunications industry Tuesday (May 6) signed a construction and maintenance agreement (C&MA) to build the first direct, high-bandwidth optical-fiber submarine cable system from the United Kingdom to India.

The Europe India Gateway (EIG) cable system, which will cost more than US$700 million, will significantly enhance capacity and diversity between the countries of these regions.

Sixteen telecommunications companies are investing in the project: AT&T; Bharti Airtel; BT; Cable &Wireless; Djibouti Telecom; Du; Gibtelecom; IAM; Libyan Post, Telecom and Information Technology Company; MTN Group Ltd; Omantel; PT Comunicacoes, S.A.; Saudi Telecom Company; Telecom Egypt; Telkom SA Ltd; and Verizon Business.

The EIG cable system, targeted to be operational in the second quarter of 2010, is a 15,000-kilometer (9,000-mile) system that will connect three continents. Thirteen landings are planned in the United Kingdom, Portugal, Gibraltar, Morocco, Monaco, France, Libya, Egypt, Saudi Arabia, Djibouti, Oman, United Arab Emirates and India.

In addition to serving these regions, the EIG cable system will also provide seamless interconnection with other major cable systems connecting Europe, Africa, Asia and North America. The system will utilize state-of-art next-generation technology that is designed to provide up to 3.84 terabits per second (Tbps) using dense wavelength division multiplexing (DWDM) to provide upgradeable transmission facilities that
support Internet, e-commerce, video, data and voice services.

In addition to complementing existing high-bandwidth cable systems in the region, the EIG cable system will provide much-needed diversity for broadband traffic currently relying largely on traditional routes from Europe to India.

This is important, considering the threat of earthquakes in this region. The EIG cable system, with its large bandwidth and high-quality transmission technology, will help meet the present and future growth in telecommunications traffic between the targeted regions.

In addition to the C&MA signing, the EIG Consortium also signed a supply contract with Alcatel-Lucent and Tyco Telecommunications for the cable system's construction.

SOURCE: Verizon Business
CONTACT:
Jo Perrin, +44 770 252 5868,
jo.perrin@verizonbusiness.com,
or Linda Laughlin, +1-918-590-5595,
linda.laughlin@verizonbusiness.com,
both of Verizon Business
Company News On-Call: http://www.prnewswire.com/comp094251.html
Web site: http://www.verizon.com

COPYRIGHT © 2008