Business: Lightspeed Venture partners closes $800 million fund VIII

Lightspeed Venture partners closes $800 million fund viii Lightspeed VIII to emphasize investments in multi-stage companies in China and India and early-stage rechnology investments in Israel and the U.S.

Shanghai, China - (BUSINESS WIRE) - Lightspeed Venture Partners, a leading global venture capital firm, announced today the closing of Lightspeed Venture Partners VIII, L.P. capitalized with $800 million of limited partner commitments, above the firm's target of $675 million. This closing brings Lightspeed's base of committed capital to over $2 billion.

"We are pleased by the strong response from our limited partners," said Barry Eggers, managing director. "The new fund will leverage our investment platform to support the creation of industry-leading companies in the U.S. and in other regions where innovation and economic growth are creating compelling market opportunities."

Lightspeed has a global investment platform. In the U.S. and Israel, Lightspeed will continue to focus on seed and early-stage companies primarily in information technology and cleantech markets. Information technology areas of interest include Internet, software, enterprise infrastructure, communications, mobile technologies and semiconductors.

Cleantech areas of focus include energy generation, efficiency and storage. In China and India, Lightspeed is pursuing a balanced investment program encompassing early-stage technology companies as well as growth-stage companies in a range of product and service businesses.

"Lightspeed investment professionals have been investing internationally for over 10 years, and we expect to continue to deploy significant capital in China given the large number of high quality start-ups and growth companies here," observed Ron Cao, a managing director at Lightspeed.

The firm has an active seed program and a strong track record of working with both repeat entrepreneurs and first time CEOs to create successful companies in a variety of industry sectors.

Lightspeed has been active in China since 2004, and opened its representative office in Shanghai in 2006. The firm has a growing portfolio of companies which includes 99Bill, AMEC, Gmedia, Kaiyuan Machinery, Lucky Pai, MSP/Drilex, SureAuto and Teralane. Lightspeed's investment professionals are actively seeking new investment opportunities in both early and expansion stage companies across a variety of both technology and traditional business sectors.

About Lightspeed Venture Partners

Lightspeed Venture Partners is a leading global venture capital firm with over $2 billion of committed capital under management. Lightspeed is headquartered in the Silicon Valley and maintains affiliated offices in China, India, and Israel.
Over the past two decades, the Lightspeed team has backed more than 150 companies, many of which have become leaders in their respective markets, including Blue Nile, Brocade, Calista, Ciena, DoubleClick, eHealth Insurance, Galileo Technology, Growth Networks, Informatica, Kiva Software, LightLogic, Maker Communications, Metasolv, Phone.com, Quantum Effect Devices,
Riverbed, Sirocco, Virsa Systems and Waveset.

For more information, visit the Lightspeed website: www.lightspeedvp.com.

Fortune China Public Relations
Gracie Luo, (8610) 6310 0088 ext. 817
gracie.luo@fortunechina.com.cn

Health: Starpharma reports positive VivaGel clinical study results

Melbourne - Medianet International-AsiaNet/ - Starpharma Holdings Limited (ASX:SPL, OTCQX:SPHRY) today announced positive results of a clinical trial that achieved all its objectives demonstrating that 3% SPL7013 Gel (VivaGel) was safe and well-tolerated in sexually abstinent women when administered vaginally, twice daily for 14 days.

Based on these results and existing supporting data, the product is deemed suitable for continued development as a topical microbicide for the prevention of HIV and genital herpes (HSV) and the exploration of other potential indications. These findings support current and future clinical studies to assess the safety and efficacy of VivaGel for genital herpes and HIV in sexually active women.

The study enrolled 54 women in the U.S. and Kenya and was double blinded so that the participants, the investigators and study staff did not know who was receiving VivaGel or placebo gel.

Blood tests (systemic laboratory parameters) showed no evidence of any treatment-related effects in study participants. This finding was not surprising, given that consistent with previous clinical and non-clinical studies, there was no evidence of absorption of the active ingredient of VivaGel, SPL7013, into the blood after vaginal application in this study. Study participants also showed no evidence of any treatment-related effects on vaginal microflora.

No participant discontinued or was required to discontinue product use due to any adverse events during the trial.

An additional positive outcome was there was no statistical difference between the VivaGel and placebo arms in the number of participants who experienced any sign or symptom including genitourinary (genital and urinary) signs or symptoms deemed to be associated with product use. During the study, there were no serious adverse events reported, nor grade 3 or 4 adverse
events. Moderate (grade 2) genitourinary findings occurred in only three women receiving VivaGel at the U.S. site. All other genitourinary findings were reported as being mild (grade 1).

The incidence of genital signs and symptoms reported with VivaGel in this study is in line with that reported for other topical vaginal products and markedly lower than that reported with nonoxynol-9 in similar studies.

Starpharmas CEO, Dr Jackie Fairley said, "We are pleased to report that VivaGel has met its safety and tolerability endpoints in this expanded safety study. We look forward to moving ahead with further trials of the product - both in the HIV and HSV-2 programs and also potentially in additional applications of VivaGel including other STIs and contraception."

The clinical study was funded by the Division of Microbiology and Infectious Diseases (DMID), National Institute of Allergy and Infectious Diseases (NIAID), National Institutes of Health (NIH) and conducted by DMID in collaboration with the Sexually Transmitted Infections Clinical Trials Group (STI-CTG). This was the first study to be conducted under the U.S. Investigational New Drug application (IND) for VivaGel for prevention of genital herpes.

A full clinical appendix is available at www.starpharma.com

VivaGel is being developed as a topical vaginal microbicide for the prevention of HIV and genital herpes, and also shows promise as a contraceptive agent. In addition, the company recently reported VivaGel has activity against clinically relevant human papillomavirus (HPV). Starpharma is also co-developing a VivaGel coated condom with SSL International plc and one other unnamed market leading condom company. For further information:

Media Buchan Consulting
Rebecca Wilson Tel: +61 2 9237 2800 Mob: +61 417 382 391
rwilson@bcg.com.au
Ellie Papathanasiou Tel: +61 2 9237 2800
epapathanasiou@bcg.com.au
Starpharma www.starpharma.com
Dr Jackie Fairley Chief Executive Officer +61 3 8532 2704
Ben Rogers Company Secretary +61 3 8532 2702
ben.rogers@starpharma.com
SOURCE: Starpharma

Business: Press and analyst registration now open for WiMAX Forum(R)

Press and analyst registration now open for WiMAX Forum(R) global congress in Amsterdam 100+ executive speakers, all key WiMAX players expected at global congress to detail current progress and future plans WiMAX Forum Global Congress 2008

London (BUSINESS WIRE) - The only industry event series owned and endorsed by the WiMAX Forum, WiMAX Forum Global Congress brings together wireless industry players covering the entire WiMAX ecosystem from all corners of the globe.

Attendees will be treated to keynotes and plenary sessions with more than 100 top executives and market visionaries during the two-day event (17-18 June) in Amsterdam, providing an in-depth look at where the WiMAX industry is headed for the remainder of 2008 and beyond.

More than 6,000 attendees are expected to fill the sold-out exhibition hall to participate in exclusive educational seminars, training sessions, networking events and live demonstrations. Speakers include executives from Clearwire, Intel, KDDI, Tata Communications, Toshiba, Vodafone, and YouTube, among others.

To register for your complimentary press credentials, click here now (http://www.wimax-vision.co.uk/global/page.cfm
Action=Form/FormID= 2/t=m/goSection=13).

The press badge includes fast-track entry to the event, access to briefings with WiMAX Forum executive spokespersons,
unlimited access to the conference and seminar sessions and exclusive use of the media zone.

For more information on the WiMAX Forum Global Congress conference program, please visit?www.wimax-vision.com/global.

Location: Amsterdam RAI Exhibition and Conference Center, Europaplein, 1078 AZ, Amsterdam, Netherlands

About WiMAX Forum

The WiMAX Forum is an industry-led, not-for-profit organization formed to certify and promote the compatibility and interoperability of broadband wireless products based upon the harmonized IEEE 802.16/ETSI HiperMAN standard.

A WiMAX Forum goal is to accelerate the introduction of these systems into the marketplace. WiMAX Forum Certified products are interoperable and support broadband fixed, nomadic, portable and mobile services. Along these lines, the WiMAX Forum works closely with service providers and regulators to ensure that WiMAX Forum Certified systems meet customer and
government requirements.

Through the WiMAX Forum Congress Events Series of global trade shows and events, the WiMAX Forum is committed to furthering education, training and collaboration to expand the reach of the WiMAX ecosystem. For more information, visit the trade show link at www.wimaxforum.org.

"WiMAX Forum" is a registered trademark of the WiMAX Forum.

"WiMAX," the WiMAX Forum logo, "WiMAX Forum Certified," and the WiMAX Forum Certified logo are trademarks of the WiMAX Forum. All other trademarks are the properties of their respective owners.

For WiMAX Forum: Golin Harris International Mari Hancock, 713-513-9574 mhancock@golinharris.com

Technology: Avanade CEO Mitch Hill to step down; board appoints Adam Warby as CEO

Seattle (BUSINESS WIRE) - Avanade, a global IT consultancy, today announced that Mitch Hill will step down as Chief Executive Officer at the close of the company's 2008 fiscal year on Aug. 31. Adam Warby, Avanade's General Manager of Europe and Executive Vice President of Sales and Marketing, will become Avanade's CEO effective Sept. 1.

Hill, 49, was instrumental in the formation of Avanade, founded in March 2000 by Microsoft and Accenture, and has been its CEO from the start.

Today, Avanade is the leading global IT consultancy dedicated to the Microsoft platform, with more than 8,000 professionals in 22 countries.

Avanade has helped more than 2,900 organizations worldwide increase revenue, reduce costs and reinvest in innovation on the Microsoft platform. Avanade serves customers directly and through the combined alliance of Avanade, Microsoft and Accenture.

"In eight years, Mitch has built a powerful, lasting global organization from the ground up, creating a culture relentlessly focused on helping customers improve results through superior solutions and delivery," said Bob Frerichs, Avanade's chairman and Accenture's Chief Risk Officer. "Mitch has done a stellar job setting a direction for Avanade that positions it well for the future. He leaves a healthy, vibrant, fast-growing company in the hands of an unmatched leadership team. We have complete confidence in Adam Warby's vision and his ability to continue to execute Avanade's business objectives when he becomes CEO in September."

Hill said, "Avanade has grown to 8,000 professionals in less than eight years, and it's just the beginning of its journey.
Our goal from the beginning was to build innovative solutions on the Microsoft platform that would help our customers achieve business outcomes, and to hire and retain the best talent in the industry to deliver on that vision. It is an exciting time in the history of the Avanade. I am particularly pleased the Board selected Adam ? one of Avanade's own ? to lead the company into the future."

Warby, 47, has served as General Manager of Avanade's two largest markets -- Americas and Europe. He has also served as Avanade's Executive Vice President of Sales and Marketing from the company's inception. Before joining Avanade, Warby was General Manager of Microsoft's Enterprise Services, responsible for worldwide strategy and operations.

"I am honored that Avanade's board of directors has entrusted me to lead the company through the next stage of its evolution," said Warby. "We have a very special culture at Avanade, one that I am passionate about continuing to foster.
It's all about helping our customers achieve their goals. We do that by bringing together an unrivalled level of shared experience and insight in how to build solutions on the Microsoft platform combined with the commitment of our people to deliver results."About Avanade Avanade is a global IT consultancy dedicated to using the Microsoft platform to help enterprises achieve profitable growth. Through proven solutions that extend Microsoft technologies, Avanade helps enterprises increase revenue, reduce costs and reinvest in innovation to gain competitive advantage. Avanade consultants deliver value according to each customer's requirements, timeline and budget by combining insight, innovation and the talent of our global
workforce. Avanade, which is majority owned by Accenture, was founded in 2000 by Accenture and Microsoft Corp. Avanade has more than 8,000 professionals serving customers in 22 countries worldwide. Additional information can be found at www.avanade.com.

Avanade and the Avanade logo are registered trademarks or trademarks of Avanade Inc. Other product, service, or company names mentioned herein are the trademarks or registered trademarks of their respective owners.

Media:Avanade Americas
Corey Olfert, +1 925 922 4200
(mobile)Corey.olfert@avanade.com
or Edelman for Avanade Americas
James Boike, +1 917 701 8393 (mobile)
James.Boike@ar-edelman.com
or Avanade Europe
Tracy Gill, +44 77 92295049 (mobile) Tracy.gill@avanade.com
or Avanade Asia-Pacific
Natalie Dau, +65 6394 7828 Natalie.dau@avanade.com

Business: Rampart and Nomura Ink deal on equity option strategies

Boston-based asset manager debuts option strategies internationally to Japanese banks high net worth clients through launch of MCC Trust

Boston (BUSINESS WIRE) - Rampart Investment Management, a leading asset management firm specializing in option strategies, today announced it has signed a joint agreement with The Nomura Trust and Banking Co., Ltd., a subsidiary of Japan's Nomura Holdings, Inc. (TSE:8604), to offer equity option strategies to Nomura's Japanese high net worth clients.

The options program, named the Managed Covered Call (MCC) Trust, is Rampart's first-ever international rollout of its options-based investment strategies. It is also the first time such a service has been offered to investors in Japan. Rampart currently manages and monitors customized covered call writing strategies, either directly or through financial intermediaries, for a wide variety of taxable and tax-exempt investors in the U.S. Rampart's domestic investment model serves as the foundation for the MCC Trust program.

By working with Rampart, Nomura Trust and Banking will be able to extend its offering of active management services for high net worth clients and enable them to put their stock positions to effective use.

"Rampart's capacity to assist investors with monetizing stock and market volatility to their benefit has resulted in increasing interest from international financial institutions that want to help their clients identify additional sources of cash flow by embracing option strategies," said Ronald M. Egalka, president and chief executive officer of Rampart.

"The MCC Trust underscores Rampart's ability to deliver our option competencies globally beginning with our relationship with one of Japan's leading trust banks."

Rampart will implement its equity option strategies for Nomura's high net worth clients by harnessing the capabilities of the Rampart Options Management System (ROMS), a mathematically-driven, proprietary technology platform. Rampart and ROMS can help Nomura's clients capitalize on income potential and enhance portfolio returns on their concentrated equity positions while hedging against potential risk from fluctuating stock prices.

About Rampart

Founded in 1983, Rampart Investment Management is a leading asset manager specializing in option strategies. With more than USD 12.7 billion in assets under management as of December 31, 2007, Rampart manages client positions and portfolios using domestic and international listed and over-the-counter (OTC) index and equity options. Rampart's investment solutions can
add value to a broad spectrum of U.S. and international financial service companies, tax exempt institutional clients, mutual funds, brokerage firms, insurance companies, asset managers, high net worth individuals, family offices, foundations, endowments, banks, and law firms. For more information, visit www.rimco.com.

Schneider AssociatesAshley DePaolo, 617-646-3317 adepaolo@schneiderpr.com

Business in Asia Today - May 12, 2008

CHINA UNVEILS LOCAL JUMBO JET COMPANY
Shanghai (ANTARA News/Asia Pulse) - China unveiled its own jumbo jet company in Shanghai on Sunday, marking a crucial stage for the country's research and development of large passenger planes.
The new company, the China Commercial Aircraft Co., would have registered capital of 19 billion yuan (about US$2.7 billion),
with the central government and the Shanghai government among the major shareholders, sources told Xinhua.
Shareholders would also include the China Aviation Industry Corporation I (AVIC I), the country's largest aircraft producer, and the China Aviation Industry Corporation II (AVIC II).
The State Council, China's Cabinet, approved the setting up of the large-passenger plane company in February 2007.

AIRLINES PNG PLANS PUBLIC OFFERING TO BUY FOUR NEW AIRCRAFT
Port Moresby, PNG (ANTARA News/Asia Pulse) - Airlines PNG is raising K105 million (US$39 million) through a public offering to acquire new aircraft that would include a Twin Otter, two Dash 8s and a Boeing 737, reports The National.
The company expects to list on the Port Moresby Stock Exchange next month to raise the money, which it hopes to increase its fleet to 18 fixed-wing aircraft.
Part of the proceeds would be used to settle debts and to plough into its working capital.
Nasfund said in its recent newsletter that Airlines PNG, which had national and international routes, would list on the local bourse on 23 June.
Nasfund, the country's number one superfund, is looking to acquire 10 per cent of the shares being offered to the public, the super fund said.

YAMATO LOGISTICS TO TAP SOUTH KOREA'S LOGISTICS MARKET
Seoul (ANTARA News/Asia Pulse) - The Yamato Logistics Co., Japan's largest logistics company, plans to spend 100 billion won (US$95.7 million) over the next five years to advance into South Korea's logistics market, an industry source said Sunday. Yamato Logistics will set up a joint venture with the the Dongbu Express Co., a local logistics firm, and hold a 20 per cent stake to participate in management, the source said.
The two companies were slated to sign a formal contract to establish the joint venture next month, he added.
The Japanese logistics firm's entry into the local market was likely to pose a threat to the top four local logistics companies - Korea Express Co., Hanjin Express Co., CJ-GLS Co. and Hyundai Logistics Co., the source said.

VIETNAM TO INVEST US$227 MLN IN SOLID WASTE TREATMENT
Hanoi (ANTARA News/Asia Pulse) - Vietnam will invest around US$227 million in building two solid waste treatment plants for eight northern cities and provinces, the Ministry of Construction said.
The investment is part of a waste treatment plan for the northern key economic region between now and 2020. One plant will be built on 140-160ha in Hanoi's outlying Soc Son district to process the capital city's waste and service Vinh Phuc, Ha Tay, Bac Ninh and Hung Yen provinces.
The other area, designed to cover 100ha, will be constructed in Quang Ninh province for the city of Hai Phong and the provinces of Quang Ninh and Hai Duong.

INDONESIA'S BHAKTI GROUP TO EXPAND MEDIA FOOTPRINT
Jakarta (ANTARA News/Asia Pulse) - Indonesia's widely diversified Bhakti Group said it will invest at least US$180 million this year to expand business in the mass media and telecommunications sector.
Hary Djaja, president of holding company PT Bhakti Investama said mass media subsidiary PT Media Nusantara Citra plans to invest US$10 million and telecommunication subsidiary PT Mobile-8 will invest up to US$170 million.
Mr Djaja said the holding company would focus more on business in the financial sector through Bhakti Finance, providing financing service for the purchase of housing and motorcycles.

PAN-AUSTRALIAN RESOURCES OPENS $US241 MLN LAOS MINE
Perth (ANTARA News/Asia Pulse) - Pan Australian Resources Ltd (ASX:PNA) has officially opened its $US241 million ($A257.03 million) Phu Kham copper-gold mine in Laos.
Commissioning was completed several months ahead of the company's mid-2008 target date, and within budget, enabling it to move quickly to take advantage of record copper prices.
Managing director Gary Stafford said the Lao government had exercised its right to acquire a 10 per cent interest in Pan Australian's subsidiary Phu Bia Mining Ltd, which operates Phu Kham.
Concentrate production commenced in April and the company anticipates its first sale by the end of May.

INDONESIA'S TIMAH TO ACQUIRE TIN MINES IN MYANMAR, VIETNAM
Jakarta (ANTARA News/Asia Pulse) - Indonesia's state-owned tin mining company PT Timah has said it will set aside Rp4 trillion (US$436 million) to acquire tin mines in Myanmar and Vietnam this year.
Corporate secretary Abrun Abubakar said a research team of the company was finalizing a study on the value of the mines to be acquired.
The world's largest tin-producing company would use a standby loan from banks and an additional loan would be sought depending on the result of the study, Mr Abubakar said.
Three banks had already offered loans to finance the acquisition, he added.
The company exports 97 per cent of its tin production.

VIETNAM, MOROCCO SIGN $US600 MLN FERTILISER PLANT DEAL
Hanoi (ANTARA News/Asia Pulse) - The PetroVietnam Fertilizer and Chemical Joint Stock Company (PVFCCo) and the Office Cherifien des Phosphates (OCP) of Morocco have signed an agreement to build a fertiliser plant valued at $US600 million in the African country.
The plant would be capable of producing from 660,000 to one million tonnes of diamonium phosphate (DAP) fertiliser to supply to Vietnam and other regional markets, sources from the Vietnam National Oil and Gas Group (PetroVietnam) said on May 10.
The DAP plant, which will be built soon, is due to begin operations by 2011, becoming Vietnam's largest project abroad so far.

AUSTRALIA'S WESTPAC HOLDS TALKS WITH ST GEORGE ON ALL-SCRIP MERGER
Sydney (ANTARA News/Asia Pulse) - The Westpac Banking Corporation (ASX:WBC) is in talks with St George Bank Ltd (ASX:SGB) about an all-scrip merger of the pair to create the nation's largest wealth platform provider.
A combined Westpac and St George would result in a $A64 billion ($US60.14 billion) entity, bigger than either of Commonwealth Bank of Australia Ltd or National Australia Bank Ltd. Westpac, Australia's third-largest bank, said it had approached St George, the number five bank, on Friday.
"It would create Australia's leading financial institution with regard to meeting customer needs, distribution, strong brands, scale, financial strength and the best products," Westpac chief executive Gail Kelly said.
Mrs Kelly recently became head of Westpac after leaving the chief executive position at St George.

MALAYSIA'S FITTERS WINS CONTRACT TO BUILD KL SHOPPING MALL
Kuala Lumpur (ANTARA News/Asia Pulse) - Fitters Diversified Berhad (KLSE:9318) said it has won a RM134 million (US$41.9 million) contract to design and build a shopping mall in Setapak in Kuala Lumpur.
Its wholly-owned subsidiary, Fitters Engineering Services Sdn Bhd, won the contract from Spring Active Sdn Bhd to build the mall at Jalan Genting Klang, Fitters said in a statement to Bursa Malaysia on May 9.
The contract period is 18 months upon the commencement of construction of the proposed mall.
The contract is expected to contribute positively to the earnings and net assets of Fitters Group for the financial years ending 31 December 2008 and onwards.

Source:
Business in Asia Today - MAY 12, 2008
published by Asia Pulse

COPYRIGHT © 2008

Technology: Microsoft, Hyundai-Kia to develop in-car infotainment

Seoul, (ANTARA News/PRNewswire--AsiaNet) - Today, Microsoft Corp and Hyundai-Kia Automotive Group (HKAG) entered into a long-term agreement to co-develop the next generation of in-car infotainment systems.

Bill Gates, chairman of Microsoft, and Mongku Chung, chairman of HKAG, were present as Martin Thall, general manager of Microsoft's Automotive Business Unit, and Hyun Soon Lee, president and chief technology officer of HKAG, signed the agreement in Seoul.

Together, Microsoft and HKAG will deliver new and innovative solutions based on the Microsoft Auto software platform, bringing the future of in-car technology to Hyundai-Kia drivers worldwide.

"These new systems will redefine consumer experiences in the car," Thall said. "Since the spring of 2006, HKAG and Microsoft have been sharing their vision for the future of in-car technology. We're now aligned to develop the next generation of in-car infotainment systems."

"We are pleased to partner with Microsoft to deliver high-performance infotainment solutions to our customers," Lee said. "The advanced capabilities, flexibility and low price point make the Microsoft Auto software platform an attractive solution for us."

The first product, a next-generation infotainment system that provides voice-controlled connectivity between mobile devices, will be introduced in the North American market in 2010. It will further apply to Asian and European markets, and expand into multimedia and navigation devices. These easy-to-use infotainment systems will allow consumers to enjoy music in various digital formats.

The next-generation infotainment systems are comparable to mini-PCs. Even after product launch, new functions can be added or upgraded in the form of software programme updates, an innovation to existing in-car multimedia technology.

The Hyundai-Kia Automotive Group's adoption of the Microsoft Auto software platform increases Microsoft's presence in the Asian car market and enhances the global automotive business. The engineering and marketing teams of Microsoft's Automotive Business Unit in Redmond, Washington, will be working directly with counterparts at HKAG in Seoul to support this goal. Microsoft Auto-powered systems are currently available in Fiat Auto Group vehicles in Europe and South America and Ford Motor Co vehicles in North America.

In a related announcement, Microsoft and Hyundai-Kia, along with the Institute for Information Technology Advancement (IITA), signed a memorandum of understanding (MOU) to co-establish an automotive IT innovation centre with the goal of promoting innovation and opportunities for Korean software and device vendors in the global market.

Microsoft Automotive Business Unit

The Microsoft Automotive Business Unit is a dedicated partner to the auto industry, providing innovative technologies and flexible software platforms to help deliver simple, more reliable and cost-effective in-car infotainment systems. Developed closely with automakers and automotive suppliers, the award-winning Microsoft Auto and Windows Automotive software platforms connect drivers with a wide range of devices, services and technology while on the go, including hands-free communication, mobile device integration, customised navigation and high-fidelity digital entertainment.

More information can be found at http://www.microsoft.com/windowsautomotive default.mspx.

About Microsoft

Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realise their full potential.

About Microsoft EMEA (Europe, Middle East and Africa)

Microsoft has operated in EMEA since 1982. In the region Microsoft employs more than 16,000 people in over 64 subsidiaries, delivering products and services in more than 139 countries and territories.

This material is for informational purposes only. Microsoft Corp disclaims all warranties and conditions with regard to use of the material for other purposes. Microsoft Corp shall not, at any time, be liable for any special, direct, indirect or consequential damages, whether in an action of contract, negligence or other action arising out of or in connection with the use or performance of the material. Nothing herein should be construed as constituting any kind of warranty.

SOURCE Microsoft Corp

NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft in EMEA, please visit http://www.microsoft.com/emea or the EMEA Press Centre at http://www.microsoft.com/emea/presscentre. Web links, telephone numbers and titles were correct at the time of publication, but may since have changed. For additional assistance, journalists and analysts may contact the appropriate contacts listed at http://www.microsoft.com/emea/presscentre/contactus.mspx.

If you are interested in viewing additional information on Microsoft Corp, please visit the Microsoft web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages.

CONTACT: Velle Kolde of Microsoft Corp,
+1-425-706-7023,
vellek@microsoft.com; or
Chris Elliott of Weber Shandwick,
+1-425-452-5389,
celliott@webershandwick.com, for Microsoft Corp
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822MSFTLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Web site: http://www.microsoft.com
(MSFT)

COPYRIGHT © 2008

Business: ING Real Estate appoints country manager for Singapore & S EA

Hong Kong, (ANTARA News/Xinhua-PRNewswire-AsiaNet) - ING Real Estate's investment management business in Asia today announced the appointment of Mr Leong Chi Meng as Managing Director and Country Manager for Singapore and South East Asia.

Based in Singapore, Chi Meng will join the regional management team to support the company's real estate investment management activities in the region. He reports to Richard Price, Regional CEO for Asia.

"We are delighted to welcome a senior professional of Chi Meng's stature and who will provide valuable support for the team on the ground in Singapore.

"We believe his 18 years' experience in the industry, and work with both regional and international investors will significantly benefit our business.

"South East Asia has always been an important region for us and we will continue to expand our portfolio here and look at new market entry opportunities on a selective basis," stated Richard Price.

ING Real Estate currently manages investments in Singapore, Thailand, Malaysia and The Philippines on behalf of a range of funds and separate account clients.

About ING Real Estate

ING Real Estate is an integrated real estate group focused on the development, financing and investment management of quality real estate in all major global markets with a total portfolio of over EUR100 billion. ING Real Estate ranks among the world's leading real estate companies and serves a broad client base from offices in 21 countries in Europe, North America, Asia and Australia.

ING Real Estate is part of ING Group, a global financial institution of Dutch origin offering banking, insurance and asset management to over 75 million private, corporate and institutional clients in over 50 countries.

For more information, please contact:
Tony Wong Tel: +852-3762-8292 Email: tony.wong@ap.ing.com
Sara Thijssen Tel: +31-70-3418474 Email:
sara.thijssen@ingrealestate.com
SOURCE: ING Real Estate

COPYRIGHT © 2008

Medical: AMIMA races time to help cyclone victims

Philadelphia, (ANTARA News/PRNewswire-AsiaNet) - As the global community observes the destructive aftermath of the world's second most deadly cyclone of all time and the associated mounting frustration over getting humanitarian aid for cyclone victims, the Alumni Myanmar Institutes of Medicine Association (AMIMA) has been proactive-and more importantly, successful-in initiating medical care at the low lying delta area of Myanmar where 100,000 people are assumed dead.

AMIMA has funded the traveling medical team led by Dr. U Hla Myint, a revered Professor of Medicine and the Chairman of the Myanmar Medical Council (MMC), a local well-respected non-governmental organization.

The mobile medical team has an existing network of Myanmar physicians throughout the rural, delta region as well as in remote villages whose access is restricted to native Burmese. Combined with the fundraising efforts of AMIMA, this emergency medical team has already made significant strides towards disaster relief while aid through other organizations continues to experience problems and has been slow to trickle down.

As Myanmar is a primarily rural and heavily impoverished nation, there is no water and electricity in many areas; communicable diseases will threaten the affected population, including typhoid, dysentery, cholera, Dengue hemorrhagic fever and malaria. The number of deaths are predicted to reach an epic 1.5 million as the few resources that existed have been decimated.

This established, mobile medical team provides medical care, clean water and food to prevent infectious diseases and is additionally providing psychological counseling. Foreseeable needs include: medicines, emergency health kits and water sanitation supplies. Dr. Kyi Minn, a regional advisor for World Vision, a global humanitarian organization dedicated to working with children, families, and their communities assists Professor U Hla Myint's team. Many physician members of AMIMA from the USA, UK and Asia are already in Myanmar to assist the mobile medical team.

AMIMA requests financial contributions only and promise 100% delivery. Unlike other international relief organizations, as native physicians, AMIMA does not have problems importing into and obtaining medical and other supplies in the country. We need financial support for our collaborative efforts with our partners in finding and recruiting personnel, obtaining supplies, warehouse space and potential routes for transporting equipment and cargo into the country. Our member Burmese physicians are presently saving lives as other organizations continue to face the challenges of successfully deploying aid and resources into the country. The teams of doctors that we are donating towards have been doing similar trips to affected areas on behalf of Dengue hemorrhagic fever for a few years and so for them these trips can happen in no different manner.

We also need funds for the post-disaster programs which include measures to enhance the capacity of local partners to leave behind a viable reconstruction plan in place.

Please donate by writing checks paid to AMIMA. In the memo section, please specify: Cyclone Relief Fund. Please mail these checks to:

AMIMA
P.O BOX 30157
ELKINS PARK, PA
19027-0157
Thank you!
Jennifer Chu, M.D.
President,
Alumni Myanmar Institutes of Medicine (AMIMA)
http://www.amima.net/projects4

SOURCE Alumni Myanmar Institutes of Medicine
CONTACT: Jennifer Chu, M.D.,
Alumni Myanmar Institutes of Medicine,
+1-215-387-0550(direct), or fax, +1-215-387-0556,
jchu@etoims.com
Web site: http://www.amima.net/projects4

COPYRIGHT © 2008

Business: Overwhelming majority of execs acknowledge difficulties for mums

Los Angeles, (ANTARA News/PRNewswire-AsiaNet) - Despite great strides made in the global workplace, more than three-quarters of executives (76 per cent) indicate that it is difficult for mothers re-entering the workforce today, according to the latest Executive Quiz from Korn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions. Almost half (49 per cent) believe it is as difficult, if not more, for female executives intending to return to work than five years ago.

A likely explanation for the perceived difficulty may be that nearly half of executives surveyed (49 per cent) work for companies where flextime is not offered for new mothers. Almost three out of four executives (69 per cent) rank "flexible work schedules" as the most valuable benefit their employers could offer working parents. This was followed by telecommuting (17 per cent) and on-site childcare (12 per cent).

"Progressive companies that understand the issues surrounding the skilled talent shortage are paying close attention to the pool of female executives wishing to re-enter the workforce," says Ana Dutra, CEO of Korn/Ferry's Leadership Development Solutions business.

"On a global scale change is slower, with employers only beginning to recognize the necessity of catering to working parents to attract and retain top executives."

When asked if maternity and paternity leaves were unfair to childless employees, the majority of executives (74 per cent) indicate they do not believe them to be, while another 22 per cent feel they are somewhat biased toward working parents.

Methodology

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

About Korn/Ferry International

Korn/Ferry International, with more than 80 offices in 39 countries, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to identify, deploy, develop, retain and reward their talent. For more information on the Korn/Ferry International family of companies, visit http://www.kornferry.com.

SOURCE: Korn/Ferry International
CONTACT: Asia Pacific, Shireen Nisha, + 65 6231 6123,
shireen.nisha@kornferry.com,
or EMEA, Maggie Habib, +1-310-556-8532,
maggie.habib@kornferry.com,
or North America, Kevin Oates, +1-310-584-8331,
kevin.oates@ketchum.com,
or South America, Jose Luiz Schiavoni, +55 11 3457 0200,
joseluiz@s2.com.br,
all of Korn|Ferry International
Web site: http://www.kornferry.com

COPYRIGHT © 2008

Medical/Technology: Volcano Corp announces 1st human use of Volcano optical catheter

New imaging modality highlights Volcano commitment to intravascular imaging and opens up new clinical and research applications

San Diego and Brussels, Belgium, (ANTARA News/PRNewswire-AsiaNet) - Volcano Corporation (Nasdaq:VOLC), a leading manufacturer and developer of intravascular ultrasound (IVUS), functional measurement (FM) and Optical Coherence Tomography (OCT) products designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, announced today the first human procedure using the Volcano OCT Imaging catheter.

The procedure was performed by Dr. Patrick Serruys at the Thoraxcenter, in Rotterdam, Netherlands. Volcano OCT will complement its existing line of IVUS imaging catheters and pressure guidewires used for coronary imaging and lesion assessment.

Volcano acquired the OCT technology through its purchase of CardioSpectra at the end of 2007.

Scott Huennekens, President and Chief Executive Officer of Volcano, commented, "Volcano is committed to being the leader in intravascular imaging, both to complement everyday PCI technique, and to further the understanding of atherosclerotic disease progression. Our investment in this OCT product line underscores that commitment, and opens a series of new clinical applications and opportunities to complement our existing product line. We are delighted to be underway with our OCT effort just four months after completing the acquisition.

"With our two imaging technologies, we are the leader in intravascular imaging and commercializing this technology will provide us further competitive advantages. We are working on offerings that incorporate OCT functionality into our s5i IVUS platform, as well as standalone OCT systems.

Our emphasis continues to be focused around 'Choice', the ability for Volcano to provide a number of different therapy enabling modalities, and letting the physician choose which technology is appropriate for each individual patient."

Christopher E. Banas, Vice President and General Manager of Volcano's OCT Division in San Antonio Texas, and former CEO and Chairman of CardioSpectra commented, "This is an important step in demonstrating the ability of Volcano's OCT catheter to safely image coronary vessels of human patients and establishing a leadership position in advanced coronary imaging technologies."

Volcano's OCT imaging platform provides high-resolution images in the 10- 15 micron range, opening the door for new applications to complement both IVUS and angiography. Michel Lussier, president of Volcano Europe commented, "The high resolution OCT images provide a glimpse at structural detail not seen before by other imaging modalities. We believe that OCT has the potential to identify thin-cap fibro-atheromas, clearly highlight intraluminal thrombus, and assess the complete healing of novel drug-eluting stent designs."

"Volcano is committed to exploring the various clinical benefits of our OCT platform through detailed data-driven study design and mutually beneficial partnerships with other therapy companies."

Patrick Serruys, M.D., commented, "The Volcano OCT Imaging Catheter is another step closer to delivering interventionalists with the true cath lab of the future. To better serve my patients, I want the flexibility to select from an array of different tools, quickly interrogate the vessel, and immediately process the information. Having these various technologies, including IVUS, OCT and FFR, all integrated into the lab, with a common user interface, review points, data storage and staff training provides this flexibility."

About Volcano Corporation

Volcano Corporation (NASDAQ: VOLC) offers a broad suite of devices designed to facilitate endovascular procedures, enhance the diagnosis of vascular and structural heart diseases and guide optimal therapies. The company's intravascular ultrasound (IVUS) product line includes ultrasound consoles that can be integrated directly into virtually any modern cath lab.

Volcano IVUS offers unique features, including both single-use phased array and rotational IVUS imaging catheters, and advanced functionality options such as VH(TM) tissue characterization and ChromaFlo(R). Internal DICOM networking provided by DICOM by Merge. Volcano also provides functional measurement (FM) consoles and single-use pressure and flow guide wires and is developing a line of ultra high-resolution Optical Coherence Tomography systems and catheters.

Currently, more than 3,300 Volcano IVUS and FM systems are installed worldwide, with approximately half of its revenues coming from outside the United States. For more information, visit the company's website at http://www.volcanocorp.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements in this press release regarding Volcano's business that are not historical facts may be considered "forward-looking statements," including statements regarding the company's success and timing of product development and new product introductions, including the installations of imaging consoles and catheters, the expected performance enhancements of its products, the integration of our products into new or existing cath labs, and market conditions and expectations.

Forward-looking statements are based on management's current, preliminary expectations and are subject to risks and uncertainties, which may cause Volcano's results to differ materially and adversely from the statements contained herein.

Some of the potential risks and uncertainties that could cause actual results to differ from the results predicted are detailed in the company's annual report on Form 10-K, quarterly report on Form 10-Q, and other filings made with the Securities and Exchange Commission. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. Volcano undertakes no obligation to update any forward-looking statements to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.

SOURCE: Volcano Corporation
CONTACT: Sandra Mercer, Associate Director of Marketing
Communications of Volcano Corporation, +1-916-952-2133,
smercer@volcanocorp.com;
or Shalon Roth of Ricochet Public Relations,
+1-212-679-3300, x127, sroth@ricochetpr.com
Web site: http://www.volcanocorp.com

COPYRIGHT © 2008

Fund/Bank: Global Infrastructure Partners unveils close of first fund

New York, London and Hong Kong, (ANTARA News/Xinhua-PRNewswire-AsiaNet) - Global Infrastructure Partners ("GIP"), an independent fund that invests in infrastructure assets worldwide, announced today that it has completed fundraising for its flagship first fund. Total commitments to the Fund are US$5.64 billion.

The Fund close underscores GIP's position as a leading global investor in, and operator of energy, transport and water waste infrastructure assets.

The Fund is an investor in London City Airport, as well as port assets in the United Kingdom and Argentina and a liquid petroleum product storage facility in India.

Additionally, as part of a take-private transaction, GIP recently completed the acquisition of a substantial stake in Biffa Plc, a leading UK integrated waste management infrastructure business.

Adebayo Ogunlesi, Chairman and Managing Partner of GIP, commented: "We are pleased that investors have delivered such an overwhelming vote of confidence in GIP's strategy of applying our industry knowledge, along with our financial and operational expertise, to enhance the performance of infrastructure assets for all stakeholders.

"In these times of extreme market volatility and ever more cautious investment strategies, the size and diversity of GIP's investor commitment is particularly notable."

Mr Ogunlesi continued: "The US$5.64 billion GIP has raised provides a well-capitalized platform on which to expand our portfolio.

"Further, this result affirms the market's approval of GIP's disciplined approach to infrastructure investing as well as the Fund's long-term commitment to providing top quality services to our customers along with attractive returns for our investors."

About Global Infrastructure Partners

Global Infrastructure Partners (GIP) is an independent fund that invests worldwide in infrastructure assets in both OECD and select emerging market countries.

GIP targets investments in single assets, portfolios of assets, and companies in the energy, transport, water, and waste management sectors.

GIP has offices in New York, London and Hong Kong and Operational Headquarters in Stamford, Connecticut. Credit Suisse and General Electric are the founding investors of GIP.

For additional information, please go to http://www.global-infra.com .

Contact: New York
Doug Donsky
Office: +1-212-850-5740
Mobile: +1-646-361-1427
Email: doug.donsky@fd.com
Jennifer Gill
Office: +1-212-850-5691
Mobile: +1-917-535-9041
Email: jennifer.gill@fd.com

London
Paul Marriott
Office: +44-20-7269-7252
Mobile: +44-7710-426-131
Email: paul.marriott@fd.com
Edward Berry
Office: +44-20-7269-7297
Mobile: +44-7703-330-199
Email: edward.berry@fd.com

Hong Kong
Diana Footitt
Office: +852-3716-9801
Mobile: +852-9183-0667
Email: diana.footitt@fd.com
Cindy Hui
Office: +852-3716-9811
Mobile: +852-9045-4950
Email: cindy.hui@fd.com

Beijing
Mingxia Li
Office: +86-10-8591-1952
Mobile: +86-138-0103-3695
Email: mingxia.li@fd.com

Singapore
Laurel Teo
Office: +65-6224-2987
Mobile: +65-8228-1061
Email: laurel.teo@fd.com

Australia
Andrew Stokes
Office: +61-2-8298-6100
Mobile: +61-416-967-038
Email: andrew.stokes@fdthirdperson.com.au
SOURCE: Global Infrastructure Partners

COPYRIGHT © 2008

Business: Leadership success in China: conquering an unknown territory

Singapore, (ANTARA News/Xinhua-PRNewswire-AsiaNet) - New book guides expatriate managers on their most challenging assignment yet Managers on assignment in China may learn that what has made them inspiring leaders in the past, may not be what makes them successful in China, according to a recently released book Leadership Success in China.

With the rapid expansion into the Chinese business market, companies are sending leadership talent to launch and grow their operations in China--but the cultural differences are often jarring for these leaders.

Leadership Success in China: An Expatriate's Guide, written by Yue-er Luo, Ph.D., Erik Duerring, William C. Byham, Ph.D., is a guide for expatriate managers in China on how to lead teams in a disparate culture.

"These leaders are facing a very different culture where employees have become accustomed to a more traditional Chinese style of leadership, so many things in their management repertoire will have to be redefined," said Duerring, the director of consulting services for DDI in Asia.

"Managing a staff in China has to be approached with great sensitivity."

Leveraging his last few years as an expatriate, Duerring shares his first-hand experiences on leading a team in China. The book also explores the impact that China's culture and history has on their business customs and defines why this experience is so unique for leaders.

Deconstructing the Chinese workforce

A leader can't enter a foreign market and expect to succeed without understanding the people they'll be managing. Chinese employees have five distinct personality traits:
-- An indirect communication style
-- The need to save face
-- Respect for age and authority
-- Strong family values
-- A strong preference to follow the leader

These traits translate into some distinct cultural differences that managers will have to understand and relate to.

Asking for help is viewed as a sign of incompetence or weakness. "They're not going to offer up challenges they're facing, so managers will have to find other ways to know if employees are having trouble in their jobs," Duerring said.

Chinese communication style is diffuse, not specific. It's not that they're unwilling to share information, but managers will have to prompt Chinese workers if they want details, because they're not inclined to volunteer specifics.

Soliciting feedback is a very Western concept. Getting candid feedback from Chinese employees is difficult unless you are in China for an extended period or develop some very close personal relationships there.

Teamwork in China is a challenge. "There isn't a natural tendency for teamwork among Chinese workers," Duerring said. "Managers have to coach individuals on the rules of engagement when it comes to teamwork and collaboration."

More cultural surprises

While you may have been doing business in China for years, managing a team will reveal some foreign business customs that you're seeing for the first time.

"This isn't about your comfort," Duerring said. "You need to examine the practice and understand if it is bad for the business--or just peculiar to you--before you impose a change."

Here are a few that expatriate managers will discover: The paternalistic culture is deeply ingrained in work and personal life in China. Managers should expect to be invited to a wedding or family celebration, and even be asked to give a speech. "You're a valued member of their work family, and you need to embrace that role," Duerring said.

Corruption pervades many aspects of commercial life in China. While the Chinese have an expectation of ethical behavior, the definition may differ from Western customers. For example, large, expensive gifts in China do not constitute bribery or quid pro quo.

Chinese managers prefer not to drop team members, regardless of how poor they're performing. This is particularly true if the underachiever has proven to be a loyal follower. Cultural constraints limit many managers' ability to give performance feedback.

More information about Leadership Success in China: An Expatriate's Guide can be found at http://www.ddiworld.com leadershipsuccessinchina .

Contact: Fiona Cheong Tel: +65-6226-5335 (ext 19)
Email:fiona.cheong@ddiworld.com

SOURCE: Development Dimensions International, Inc.

COPYRIGHT © 2008

Fund/Bank: Credit report checking just became simpler

Melbourne, (ANTARA News/PRNewswire-AsiaNet) - Credit report checking has become much simpler for consumers following the launch of checkmyfile's credit report analysis service.

For the first time, consumers can get their credit report from both of Australia's main credit reference agencies from one convenient online source.

Previously, they have had to deal with both Dun & Bradstreet and Veda Advantage and then wait for different format credit reports to be sent.

checkmyfile's new credit report service makes life simple for consumers by reducing the number of organisations to be dealt with, presenting reports from both agencies in a single format and providing expert analysis of each report.

Barry Stamp from checkmyfile says: "Our new credit report service saves consumers time. No longer do they have to provide the same information to two organisations to see their credit report. We also take the hassle out of comparing credit reports because of our standard format."

checkmyfile also makes finding credit much simpler too. Uniquely, it matches consumers to lenders using the information contained in their credit report to find them the cheapest lenders most likely to say yes, cutting the chance of rejection.

"As an independent company, we provide consumers with unbiased and expert advice on how to use all the personal information held about them for their own benefit. With credit getting harder to find, this is invaluable," adds Stamp.

checkmyfile was the first company to make credit reports available online in the UK and the first company in the world to lift the lid on credit scoring. In the UK checkmyfile has led the online consumer information market since its launch in 2000 and has over 1.5 million customers. It has provided online credit reports for twice as long as any of its competitors.

Melbourne-based Anthea Wynn is Country Director of checkmyfile. Anthea implemented the first scorecards at Barclaycard, worked with Fair Isaac in the UK and US, and was
previously CEO of Scorelink.

Barry Stamp was previously DGM of Experian UK and previously headed up consumer and trade lending operations at Bass, National Mortgage Bank and US insurers Lincoln National.

Co-founder Peter Kent, previously a Divisional Director of National Home Loans Corporation, was a key player in the team behind internet-based credit card Egg.

For further information contact richard.goedegebuur@checkmyfile.com.au or barry.stamp@checkmyfile.com.au Tel +61(0)3-9811-4785 or visit http://www.checkmyfile.com.au

SOURCE: checkmyfile
CONTACT: checkmyfile, richard.goedegebuur@checkmyfile.com.au,
or barry.stamp@checkmyfile.com.au, Tel +61(0)3-9811-4785
Web site: http://www.checkmyfile.com.au

COPYRIGHT © 2008

Entertainment: Universal Music Group appoints Tom Bennett as CEO of Bravado

London and New York, (ANTARA News/PRNewswire-AsiaNet) - Universal Music Group (UMG), the world's leading music company, has promoted Tom Bennett to Chief Executive Officer of Bravado, its global merchandising division.

The appointment, effective immediately, was announced today by Lucian Grainge, Chairman & CEO of Universal Music Group International, to whom Bennett reports. Formerly, Mr. Bennett served as Bravado's North American CEO. He will continue to be based in New York.

In this expanded role, Mr. Bennett will oversee the development, marketing and manufacturing of licensed products through all channels of merchandise distribution in 77 countries. Recognised as a leader in the music and entertainment merchandise industry, Bravado possesses one of the most extensive and diverse client rosters in the business, and includes such chart-toppers as Alicia Keys, Iron Maiden, Robert Plant, Beyonce, Bullet For My Valentine, Celine Dion, Daughtry, Girls Aloud, Gwen Stefani, Kanye West, Kelly Clarkson, Korn, Led Zeppelin, Oasis, Pink, Robbie Williams, Shakira, Metallica, Red Hot Chili Peppers and the Who, among many others.

"Music merchandising is now on the world stage," stated Mr. Grainge. "And Bravado defines and shapes this business. Fortunately, Tom's experience and tenure with Bravado will ensure that the company's legacy and future are assured."

Tom Bennett said, "Bravado, because of its great history, is already positioned at the forefront of the music merchandising business. With the added support of Universal Music Group's resources and global reach, Bravado will grow and lead in this sector as never before. We have decades of experience and a world-class artist roster that's second to none. With fresh investment and renewed purpose, Bravado will create and deliver innovative products and customised ideas to ever-expanding territories to maximise each artist's - and each brand's - merchandising potential and revenue. I am confident that Bravado will continue to be the market leader."

Mr. Bennett has been associate with Bravado since its inception. In addition, his background includes posts at PolyGram, where he headed its worldwide merchandising interests from 1991-99, working with acts such as U2, Elton John, Shania Twain and Sting; and at World Online Merchandising, representing Simon & Garfunkel, Elton John, Andrea Bocelli and Harley Davidson's 100th anniversary. At World Online, Mr. Bennett also operated official websites for such major artists as U2 (their first-ever site) and Sting. Mr. Bennett rejoined Bravado as CEO in North America in March 2004, and has since worked to strengthen and expand the company's business through agreements with Slipknot, Kanye West, Alicia Keys, Beyonce, Nickelback, Shakira, Red Hot Chili Peppers, Metallica, Spice Girls, Daughtry and Slayer, among many others.

Notes to Editors:
About Bravado

Bravado develops and markets high-quality licensed merchandise to a world-wide audience. The company works closely with new & established entertainment clients, creating innovative products carefully tailored to each artist or brand. It sells on live tours, via selected retail outlets and through web-based stores. Bravado also licenses rights to an extensive network of third party licensees around the world. The company has offices in London, Los Angeles, New York, Paris, Tokyo, San Francisco, Berlin, Sydney and Stockholm, as well as commercial partners in South America.

Bravado is a division of Universal Music Group (UMG), the world's leading music company. Its business also includes Universal Music Publishing Group, the world's largest global publishing company.

UMG's record labels include Decca, Deutsche Grammophon, Interscope Geffen A&M Records, Island Def Jam Music Group, Lost Highway Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor Records, Universal Music Latino, Universal Motown Republic Group, Universal South Records and Verve Music Group, as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalogue of music in the industry, which is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). Universal Music Group also includes eLabs, a new media and technologies division; Bravado, its merchandising company; and Twenty-First Artists, its full service management division.

Universal Music Group is a unit of Vivendi, a global media and communications company.

For further information, contact: Peter LoFrumento, Universal Music Group, +1-212-331-2585, peter.lofrumento@umusic.com; Adam White, Universal Music Group International, +44(0)20-7471-5665 (office), +44(0)7808-924-030 (mobile), adam.white@umusic.com

Education: Dr. Neil Turok appointed Executive Director of Perimeter Institute

Waterloo - CNW-AsiaNet/ - The Board of Directors of Canada's Perimeter Institute for Theoretical Physics (PI) is pleased to announce the appointment of Dr. Neil Turok to the position of Executive Director. The appointment, effective October 1st, comes with the unanimous endorsement of the Institute's Board following an extensive search and the unanimous recommendation of the Search Committee composed of Perimeter Institute researchers, members of its international Scientific Advisory Committee and members of the Institute's Board of Directors.

Mike Lazaridis, the founder of Perimeter Institute and Chairman of the Board, personally led the successful search and says, "We are extremely pleased to welcome Professor Turok to Waterloo, Ontario, Canada. He is a world-renowned scientist of the highest calibre and provides tremendous research and leadership experience. He is ideally suited to build upon Perimeter Institute's considerable international achievements to date in scientific research and educational outreach as we move forward in our next, ambitious phase of development."

Commenting on his appointment, Dr. Turok says, "I am thrilled and honored to serve as the next Executive Director of Perimeter Institute, or PI. The Institute's innovative approach, its flexibility and its determination to tackle the most basic questions are already attracting the world's most brilliant students and researchers to Canada. Working with the excellent PI team, I hope to strengthen these developments so that PI becomes a world epicenter for theoretical physics, catalysing major scientific breakthroughs."

Professor Stephen Hawking, the internationally acclaimed scientist at the University of Cambridge and a close colleague of Dr. Turok, says, "Neil Turok will make an excellent Director of the Perimeter Institute which has established itself as a world leading center of research in theoretical physics. He has been a colleague of mine for a number of years and I have been very impressed by his insight and originality. The combination of Neil and PI is brilliant and holds great promise for the future."

For complete details about Dr. Turok's appointment, visit www.perimeterinstitute.ca/directorannouncement

In partnership with the Governments of Ontario and Canada, Perimeter Institute continues to be a successful example of public and private collaboration in science research and education. A full history is available at www.perimeterinstitute.ca.

SOURCE Perimeter Institute for Theoretical Physics
CONTACT: John Matlock,
Director of External Relations and Outreach,
at jmatlock@perimeterinstitute.ca

Health/Medical: Star Wars Defence battles breast cancer

Melbourne - Medianet International-AsiaNet/ - American Star Wars technology developed to shoot down nuclear missiles could be used to save the lives of thousands of women with breast cancer, surgeons in Hong Kong will be told today.

American Colonel Craig Shriver will tell surgeons at the co-joint Annual Scientific Congress of the College of Surgeons of Australasia and Hong Kong, that a chance conversation at a cocktail party lead to the discovery.

"I made the notes on a cocktail napkin while I was chatting to the Chief of the Army Space and Missile Defense Command, we discussed how defence technology could be used to fight breast cancer.

"In a missile strike there may be lots of dummy warheads to confuse star wars defence, what the technology does is to identify which missiles have the nuclear warhead. The same idea can be used to find the single cancer cell among the millions of normal ones.

"It is very exciting because we found that the technology which is basically an unclassified software algorithm is very accurate and it is a neat example of how defence technology can be turned towards another use that could help millions of people.

Colonel Craig Shriver is the Chief, Department of General Surgery at the Walter Reed Army Medical Centre, Washington DC and as a leader in breast cancer care will update surgeons on some of the latest developments in breast cancer care.

"When a woman has breast cancer generally she either has a lumpectomy to remove the cancerous tissue or if the cancer has spread throughout the breast, she may have to have the entire breast removed.

"This technique uses the unclassified defence software which can track the trajectory of missiles, to be used to better identify cancerous tumour cells on mammogram imaging, potentially tailoring the surgical approach and lessening the need for more disfiguring surgery.

The research, which is being funded by the Department of Defense, is now in the middle stage and undergoing further refinements in the software algorithm for better breast cancer detection and analysis.

The Congress will run from Tuesday 12 May until Friday 16 May, at the Hong Kong Convention and Exhibition Centre.
Journalists are welcome to attend for more information please call Fiona Gillies RACS Media & PR Manager on +61 407 339 556 or fiona.gillies@surgeons.org

SOURCE: Royal Australasian College of Surgeons

Health/Medical: A first for surgery - Australasian surgeons to attend HK meeting

A First for Surgery

Melbourne - Medianet International-AsiaNet - Exploration of the latest innovations in surgery will be the focus when more than 2000 surgeons attend the conjoint Annual Scientific Congress, Achievement through Collaboration, at the Hong Kong Convention Centre in Hong Kong next week.

For the first time, surgeons from the Royal Australasian College of Surgeons will join surgeons from the Hong Kong College at one of the biggest ever surgical meetings held in the region.

Australian and New Zealand surgeons have a long standing and productive relationship with their Hong Kong colleagues particularly in the area of surgical education. The holding of this Conjoint Congress reconfirms this relationship and supports the theme of the Congress "Achievement through Collaboration".

World experts in surgical delivery and techniques will also update surgeons on what is happening at some of the leading surgical centres of the world, information that surgeons can use to save lives and improve patient care.

The President of the Australasian College, Dr Andrew Sutherland, said that although surgeons operate locally there is a need to embrace global surgical developments to improve practice and make the system safer for patients.

"The responses and solutions formulated at the local level in one region are not always transmitted globally, which is why we travel, to be exposed to novel local solutions and approaches that we can apply at home"

The Chief Executive of Hong Kong, Mr Donald Tsang will be giving the keynote address at the Congress on Monday and the Vice Minister for Health in China, Dr. Jeifu Huang (a surgeon himself) will officially open the Congress on Tuesday).

Distinguished surgical luminaries from around the world will be giving presentations on a varied range of surgical subjects including the latest in cancer treatments and using American star wars defence know how for health care.

The ability of scientists to artificially grow blood vessels, a new treatment for back pain that could be used for other chronic pain, what is working in breast cancer treatments and the value of robotic surgery in Hong Kong, is it worth it, will all be presentations.

The Congress will run from Tuesday 12 May until Friday 16 May, at the Hong Kong Convention and Exhibition Centre.
Journalists are welcome to attend for more information please call Fiona Gillies RACS Media & PR Manager on +61 407 339 556

SOURCE: Royal Australasian College of Surgeons

Rotary clubs provide emergency shelters, supplies to cyclone victims

Shelterbox among the first international relief groups to reach stricken Myanmar

Evanston, Ill. (ANTARA/PRNewswire-AsiaNet) - As major relief agencies waited for access to cyclone ravaged Myanmar, among the first charities actually to reach the affected area was Shelterbox, a grassroots disaster relief organization supported by Rotary clubs around the world.

A specially trained team of volunteers was on the ground Thursday (May 8) preparing to distribute more than 800 Shelterbox containers, each providing a tent, blankets, a multi-fueled stove, a water purification kit, tools and other necessities to help a family of 10 survive for six months. Some containers carried two 10-person tents, doubling the shelter capacity. The first Shelterbox deployment will benefit more than 10,000 people.

Shelterbox founder and Rotary club member Tom Henderson says 224 containers left a pre-positioned site in Dubai on Tuesday.
Another 220 boxes left from Melbourne, Australia, while 400 are in route from Shelterbox headquarters in Cornwall, England.

Beth Palmer, executive director of Shelterbox USA, the charitys regional affiliate in Lakewood Ranch, Fla., says her phone has been "ringing off the hook" as U.S. Rotary club members call to donate in the wake of the disaster. She also notes a spike in online donations. Similar reports came from Shelterbox offices in Australia, Canada and Germany.

Henderson says the team will work in cooperation with local groups in Myanmar to line up transportation and determine where the shelters will do the most good amid the massive devastation, which includes estimates of up to 100,000 deaths, 70,000 people missing, and the destruction of entire communities, leaving tens of thousands of people homeless.

Shelterbox started in 2001 as a modest project by the Rotary Club of Helston-Lizard, England, and quickly garnered support among Rotary clubs worldwide. To date Shelterbox has raised $29 million and delivered aid to 40 countries in response to more than 70 disasters. Each Shelterbox container costs $1,000 to sponsor, and Rotary clubs provide more than half of the charitys funding. Visit www.shelterbox.org for more information.

SOURCE Rotary International
CONTACT: USA: Wayne Hearn of Rotary International,
+1-847-866-3386,
wayne.hearn@rotary.org;
or UK: Sally Grint of Shelterbox,
+44 (0) 1326 569782,
Mobile: +44 (0) 7793 803643,
publicity@shelterbox.org
Web site: http://www.rotary.org
http://www.shelterbox.org

COPYRIGHT © 2008

Technology: Lion Nathan selects Quickcomm for telecom expense mgmt services

New York, (ANTARA/PRNewswire-AsiaNet) - Lion Nathan, an Australian premium alcoholic beverages company has chosen Quickcomm, a leading global provider of telecommunications expense management software and services.

Quickcomm will implement the software solution to help manage the organization's entire telecom inventory and gain more visibility into its telecom expenditures thereby reducing its costs.

As a leading brewer, winemaker, marketer and distributor of alcoholic beverages in the international markets, Lion Nathan's expanding operations have resulted in a telecommunications spend of over $6 million per annum across Australia and New Zealand, thus creating a need for a superior telecom management system than ever before. Quickcomm's software solution will allow Lion Nathan the level of insight and visibility they need to ensure that they receive the greatest dividends from their communications investments.

"We are proud that Lion Nathan has grown with such great success, but along with success comes the need to take more responsibility in managing the expenses from our expansion," said Jim Duffy, IT services director at Lion Nathan. "Quickcomm's cutting edge software will help us to make that transition in the most painless of processes."

Predominantly paper-based and heavily reliant on manual processes to manage their Telecoms billing and invoices, Lion Nathan selected Quickcomm to dramatically reduce its telecom spending. By working with its Australian and New Zealand carriers to manage expenses electronically, Quickcomm will be able to help Lion Nathan streamline the billing process and ultimately boost productivity for the company.

Quickcomm's first task will be to provide Lion Nathan with its TEM software as an in-house enterprise application that reconciles telecom invoices with inventory and carriers. The solution analyzes each line item, from mobile and cellular voice services to tie lines, paging services, data and PBX. Quickcomm will then identify discrepancies and redundant orsurplus services.

"Lion Nathan desires to have greater control over their carriers across the Australian region," said Mark Evans, CEO of Quickcomm. "Quickcomm recognizes the requirements of organizations such as Lion Nathan, and creates a custom-made solution to maximize expense management. When dealing with multiple service sectors, and a variety of telecom needs, a TEM solution is a necessary step to achieve greater visibility into where unnecessary expenditures are taking place."

About Quickcomm

Quickcomm was established in 1997 and has grown to become a leading provider of global Telecom Expense Management (TEM) software and services to Global 2000 companies. Quickcomm software helps cut telecom expenses dramatically and provides actionable insight for telecom provisioning that improves a company's bottom-line. It is the most complete TEM solution available, integrating transparently with a company's existing infrastructure. Initially formed in Australia, Quickcomm has been incorporated in the United States since 2003 and is headquartered in New York. For more information visit the company's web site at www.quickcomm.com.

Contact:
Nina Velasquez, Kwittken & Company
646-747-7161
nvelasquez@kwitco.com
SOURCE Quickcomm
-0-
05/10/2008
CONTACT: Nina Velasquez, Kwittken & Company,
+1-646-747-7161, nvelasquez@kwitco.com, for Quickcomm
Web site: http://www.quickcomm.com

COPYRIGHT © 2008

Metal/Mining: Platts survey: OPEC pumps 31.87 mln BPD in April

London, (ANTARA News/PRNewswire-AsiaNet) - The 13 members of the Organization of Petroleum Exporting Countries (OPEC) pumped an average 31.87 million barrels per day (b/d) of crude oil in April, a 350,000 b/d decrease from March, according to a Platts (http://www.platts.com/) survey of OPEC and oil industry officials released Friday. The sharp drop was largely the result of steep output losses in Nigeria.

Excluding Iraq, the 12 members which participate in output agreements pumped an average 29.49 million b/d, 360,000 b/d down from an estimated 29.85 million b/d in March.

"OPEC production has been relatively steady in recent months, but the sharp fall in Nigerian output shows how vulnerable overall supply from the group can be to developments in one country," said John Kingston, Platts global director of oil. "Given that spare capacity is also relatively tight, any disruption has a bigger impact on markets."

Ongoing losses in Nigerian supply as a result of continuing strife in the Niger Delta were exacerbated by a week-long pay strike at ExxonMobil, which shut down most of the company's 800,000 b/d of production and forced it to declare force majeure on exports from the 400,000 b/d Qua Iboe terminal.

Other smaller decreases came from Angola, Iran, Qatar, Saudi Arabia and Venezuela.

Iraqi volumes were a shade higher at 2.38 million b/d, with a slight dip in exports offset by slightly higher internal supply. Libyan output also edged up, to 1.75 million b/d from 1.74 million b/d in March.

The latest estimates show the OPEC-12 missing their 29.673 million b/d output target by 183,000 b/d.

For more information on OPEC, go to the "Platts Guide to OPEC" at http://www.opec.platts.com.

About Platts:

Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading global provider of energy and commodities information. With nearly a century of business experience, Platts serves customers across more than 150 countries. From 17 offices worldwide, Platts serves the oil, natural gas, electricity, nuclear power, coal, emissions, petrochemical, shipping and metals markets. Platts' real time news, pricing, analytical services, and conferences help markets operate with transparency and efficiency. Traders, risk managers, analysts, and industry leaders depend upon Platts to help them make better trading and investment decisions. Additional information is available at http://www.platts.com.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com.

SOURCE Platts
CONTACT: Kathleen Tanzy
+1-212-904-2860
Kathleen_tanzy@platts.com
Europe:
Shiona Ramage
+44207 1766153
Asia:
Casey Yew
+65 653 06552
Web site: http://www.platts.com
http://www.mcgraw-hill.com
http://www.opec.platts.com
(MHP)

COPYRIGHT © 2008

Environment: AES acquires Landfill Gas Project in El Salvador

AES Acquires Landfill Gas Project in El Salvador to reduce greenhouse gas emissions and produce renewable energy

Arlington, Va. - The AES Corporation (NYSE:AES) today announced the acquisition of a landfill gas to renewable energy project in Nejapa, El Salvador that is projected to generate an average of 400,000 Certified Emissions Reductions (CERs) annually over the next 20 years.

"The purchase of the Nejapa Landfill Project further demonstrates AES's global commitment to reducing greenhouse gases," said Bill Lyons, President, AES Climate Solutions.

"This transaction, one of the first acquisitions involving a Clean Development Mechanism project since the start of the Kyoto process, will help reduce emissions while providing power to the growing El Salvador market.

"This is the first of many opportunities we see for AES to invest in a broad range of projects and technologies that reduce harmful greenhouse gas emissions."

AES Nejapa Gas, Ltda., an indirect, wholly-owned subsidiary of AES, will own and operate the gas gathering system at the Nejapa Landfill site.

The company also will install and operate energy generation equipment to provide up to 25 MW of renewable energy from the capture and combustion of methane, a potent greenhouse gas with a global warming potential 21 times greater than carbon dioxide.

"Through investments in projects like Nejapa, which converts waste to energy, AES is working to provide citizens of El Salvador with a secure supply of energy today and well into the future," said Fernando Pujals, President, AES El Salvador.

"We will continue to seek investments aimed at improving the quality of life for our customers and the communities we serve."

AES started its Climate Solutions business in 2005 and is building a portfolio of projects to lower greenhouse gas emissions by over 34 million tonnes each year by the end of 2012.

The company's current global pipeline includes projects that could produce up to 19 million CERs annually from renewable energy generation, reduction of greenhouse gas emissions from third party sources - primarily methane - and energy efficiency initiatives.

About AES

AES is one of the world's largest global power companies, with 2007 revenues of $13.6 billion. With operations in 29 countries on five continents, AES's generation and distribution facilities have the capacity to serve 100 million people worldwide.

Our 13 regulated utilities amass annual sales of over 78,000 GWh and our 123 generation facilities have the capacity to generate more than 43,000 megawatts.

Our global workforce of 28,000 people is committed to operational excellence and meeting the world's growing power needs. To learn more about AES, please visit www.aes.com or contact AES media relations at media@aes.com.

Safe Harbor Disclosure This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance.

Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES's current expectations based on reasonable assumptions.

Forecasted financial information is based on certain material assumptions.

These assumptions include, but are not limited to, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors.

Important factors that could affect actual results are discussed in AES's filings with the Securities and Exchange Commission, including, but not limited to, the risks discussed under Item 1A "Risk Factors" in AES's 2007 Annual Report on Form 10-K.

Readers are encouraged to read AES's filings to learn more about the risk factors associated with AES's business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

AES Corporation Media ContactRobin Pence, 703-682-6552 InvestorsAhmed Pasha, 703-682-6451

Medical: Medical Teams International reaches devastated families in Myanmar

Health needs loom in second wave of disaster

Portland, Ore. (ANTARA News/PRNewswire-AsiaNet) - Medical Teams International is addressing critical health needs in Myanmar by helping local partners purchase medicines and supplies for families devastated by Cyclone Yargis.

UN officials estimate the death toll from last week's cyclone may reach more than 100,000 in the coming days--especially if critically needed aid fails to arrive soon. Working with partner World Concern in Yangon, Medical Teams International is helping to prevent a second disaster--a looming health crisis caused by the lack of drinking water, poor sanitation, crowded temporary shelters and a devastated health care system.

Medical Teams International medical volunteers and staff are also on standby in various countries, waiting for visa approval to enter Myanmar. Once these approvals are received, these volunteers and staff will provide direct medical care and help local partners expand their efforts to prevent and treat disease.

"There are people in Myanmar who need help now," says Bas Vanderzalm, president of Medical Teams International. "They cannot wait for outside assistance. That's why we have decided to send funds immediately to help our partners on the ground purchase medicines and health supplies to save lives and prevent disease."

Medical Teams International is joining the members of the Global Relief Alliance to provide a long term, integrated response to the disaster. The Alliance will address health, nutrition, sanitation and shelter needs for many of the estimated 1.5 million people affected by the cyclone

"This is one of the world's worst disasters in the past 20 years," adds Vanderzalm.

"We're working hard to meet immediate needs but are preparing to be ready so that when the doors open in Myanmar, we will be able to help as many people as we can."

To donate to the Myanmar Cyclone Relief Fund, please call 1-800-959-4325, give online at our secure Web site www.medicalteams.org or mail gifts to PO Box 10, Portland, OR 97207. Donations can also be made at any U.S. Bank branch.

SOURCE Medical Teams International
CONTACT:
Barbara Agnew, Medical Teams International,
+1-503-341-6620 (cell),
bagnew@medicalteams.org
Web site: http://www.medicalteams.org

COPYRIGHT © 2008

Medical: AmeriCares relief worker arrives in Myanmar

Organization continues with efforts to gain clearance for airlift of medical supplies

Stamford, Conn. (ANTARA News/PRNewswire-AsiaNet) - An AmeriCares emergency relief expert arrived in Myanmar earlier today to assess the crisis situation and continue with efforts to obtain clearance for the organization's airlift of 15 tons of essential medicines and medical supplies to Yangon.

"AmeriCares is working closely with the World Health Organization to help coordinate relief efforts and ensure aid is distributed to the delta regions most affected by Cyclone Nargis. Our relief expert on the ground has extensive experience based on our response to the 2004 tsunami disaster," said Curt Welling, president and chief executive officer of AmeriCares.

Reports continue to highlight the growing need for medical assistance as health care professionals on the ground observe an increased need to treat malaria, dengue fever, and diarrheal diseases, as well as other medical emergencies resulting from digesting contaminated water.

AmeriCares is mobilizing additional disaster relief experts to the region. The group's manager of emergency response has been in Bangkok all week working to procure additional emergency relief supplies, participating in logistics meetings with the UN and other nonprofit organizations to coordinate relief efforts staged out of Thailand.

"AmeriCares is working around the clock to obtain additional visas into Myanmar in order to distribute our first airlift to those most affected. We are in the process of planning additional shipments of essential supplies, including water purification sachets and supplement anti-malaria medications, which are also included in our airlift currently awaiting clearance from Myanmar to depart Schiphol airport in Amsterdam," said Curt Welling.

To learn more about how to donate to AmeriCares, visit: www.americares.org.

About AmeriCares

AmeriCares is a private, nonprofit international disaster relief and humanitarian aid organization, which delivers medicines, medical supplies and aid to people in crisis around the world. Since it was established in 1982, AmeriCares has distributed more than $7.5 billion in humanitarian aid to 137 countries. For more information, visit www.americares.org.

Contacts:
Peggy Atherlay
203-658-9626 (w)
203-524-2158 (c)
patherlay@americares.org
Kate Homan
202-585-2502 (w)
301-646-8849 (c)
khoman@webershandwick.com

SOURCE: AmeriCares
CONTACT: Peggy Atherlay,
+1-203-658-9626 - w, +1-203-524-2158 - c,
patherlay@americares.org; or
Kate Homan,
+1-202-585-2502 - w, +1-301-646-8849 - c,
khoman@webershandwick.com,
both for AmeriCares
Web site: http://www.americares.org

COPYRIGHT © 2008

Dubai provides aid for cyclone nargis victims In Myanmar

Sheikh Mohammed pledges grant of emergency aid through Dubai Cares

Dubai (ANTARA News/PRNewswire-AsiaNet) - His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the U.A.E. and Ruler of Dubai, announced the emergency provision of 200 temporary structures to be used as schools and shelter to support the victims of Cyclone Nargis. Myanmar has accepted Dubai's donation. The official death toll currently stands at 22,000, with figures expected to reach the 100,000-mark.

Following the announcement, officials from Dubai Cares loaded 200 large tents into an aircraft to be delivered immediately to Myanmar and made operational as temporary schools and shelter within 48 hours.

Her Excellence Reem Al Hashimy, U.A.E. Minister of State and Chairperson of Dubai Cares Board of Directors, stated, "We are committed to providing emergency humanitarian relief to the people of Myanmar during this time of great need. These temporary structures will provide shelter and schools for children and families left homeless by this disaster. Dubai Cares believe that reaching out to these victims is imperative and will provide the first steps towards a sense of normalcy and recuperation from this trauma."

Since its launch, Dubai Cares has established itself as a fully transparent, multilateral, non-profit organization. Dubai Cares operates based on international best-practices for foundations worldwide to ensure financial transparency. The charitable organization has positioned itself as a strategic coordinator actively engaged with international aid agencies to develop primary education programs and to ensure immediate impact on the ground. It is the largest charitable establishment solely devoted to improving primary education in the world.

This press release is distributed by Levick Strategic Communications on behalf of The Executive Office of the Government of Dubai. Additional information is available at the Department of Justice in Washington, D.C.

SOURCE Dubai Cares
CONTACT: Matt Haller,
Office: +1-202-973-1306,
Mobile: +1-202-460-8356,
mhaller@levick.com,
or Christopher Harvin,
Office: +1-202-973-1326,
Mobile: +1-202-316-5265,
charvin@levick.com,
both of Levick Strategic Communications for Dubai Cares

COPYRIGHT © 2008

Burma Humanitarian Aid Update

Washington (ANTARA News/PRNewswire-AsiaNet) - InterAction, the largest coalition of U.S.-based humanitarian and development agencies brought its members together on Friday to share information about their activities and plans, conditions in-country, and access, including issuance of visas and permission for international staff to travel internally.

Concern was expressed by members of InterAction that more funds may have to be included in the pending 08 supplemental to adequately finance the U.S. Government's share of relief and rehabilitation costs. InterAction also put members in contact with officials from the UN, who briefed them on what they are hearing from colleagues in the field, diplomatic discussions in New York, and the flash appeal announced yesterday.

Approximately 2,000 national employees of InterAction members are in the field providing assistance to survivors of the cyclone. International staff are directing these efforts from Yangon but as of last night had not been allowed to leave the city. Some international staff have been issued visas for travel to Burma to assist in relief efforts, while others still await authorization by the Burmese government to travel.
Discussions are underway with government officials about flights members are prepared to send with emergency supplies, once assured they will be delivered to their staff in the country.

The national employees are, for the most part, being allowed to move through the affected areas. However, their international colleagues are not being allowed to leave Yangon. UN agencies and NGOs have reached 276,000 survivors with assistance of some sort.

For updated information on Burma relief and support efforts please contact Nasserie Carew at ncarew@interaction.org

InterAction is the largest alliance of U.S.-based international development and humanitarian nongovernmental organizations. Our 165 members operate in every developing country, working with local communities to overcome poverty and suffering by helping to improve their quality of life.

SOURCE: InterAction
CONTACT: Nasserie Carew of InterAction,
+1-202-341-3814
Web site: http://www.interaction.org

COPYRIGHT © 2008