Health/Medical: Menicon undertakes paediatric myopia control clinical trial

Nagoya - /Kyodo JBN-AsiaNet/ - Although previous studies suggest that orthokeratology contact lens wear slows the axial length growth of the eye in children with progressing myopia, some limitations in the methodology employed have been evident. Using a rigorous study design and precise optical measuring instruments, Menicon Co., Ltd. and the Novovision Clinic in Madrid are undertaking the Myopia Control with Orthokeratology contact lenses in Spain (MCOS) study to compare the axial length growth between white European myopic children wearing orthokeratology contact lenses (OK) and distance single-vision spectacles (SP) over a 2-year period. In this prospective, single-centre clinical trial, sixty-two subjects 6 to 12 years of age, and with myopia of -0.75 to -4.00 D and astigmatism <=1.00 D were randomly allocated wear OK or SP correction. Measurements of axial length (using partial coherence interferometry, Zeiss IOLMaster), anterior chamber depth, corneal topography, cycloplegic refraction and visual acuity are being performed at 6-month intervals. To date, no subjects have withdrawn from the study, no adverse events were evident and no contact lens fitting modifications were required in the OK group. The MCOS study offers a number of notable features: a prospective design; well matched samples and high resolution ocular biometry measures, which collectively should elucidate whether OK contact lens wear is a feasible method of myopia control.

"The MCOS study aims, using a rigorous study design and precise optical measuring instruments, at elucidating whether orthokeratology lens wear slows the axial length growth of the eye in children with progressing myopia. This study is of special relevance taking into account that the prevalence of myopia has increased substantially over recent decades and now
is approaching 10-25% and 60-80% in industrialized societies of the West and East, respectively", commented Dr. Jacinto Santodomingo, Global Professional Relations Manager for Menicon Co., Ltd.

"We have been fitting orthokeratology lenses in our clinic for several years, during which we observed that myopia tended to progress less in children wearing orthokeratology lenses compared to children wearing other modalities of visual correction. We are delighted to participate in this unique clinical trial, which should prove whether we are correct about our preliminary observations", added Mr. Cesar Villa, Director of Optometry at Novovision.

About Menicon: Menicon Co., Ltd. (www.menicon.com), founded by Mr. Kyoichi Tanaka in 1951, is Japan's first and largest contact lens manufacturer, and now is represented in over 30 countries. Menicon is a manufacturer dedicated to all areas of soft and GP contact lens related businesses including material development, lens designing, and manufacturing of contact lenses and care solutions. Menicon is a world-leader in the development of hyper-Dk GP (Menicon Z) and soft contact lenses
(Menicon PremiO).

Source: Menicon Co., Ltd.
Contact:
Toshio Matsushima
Global Business Operations
Menicon Co., Ltd.
Phone: +81-52-937-5021
Fax: +81-52-935-1121
E-mail: matsushima@menicon-net.co.jp
URL: http://www.menicon.com

Business: Suminter's Sameer Mehra is welcomed as endeavor India

Istanbul, Turkey (BUSINESS WIRE) - Endeavor India (www.endeavorindia.org), a non-profit organization supporting "high-impact" entrepreneurs, selected its first high-impact entrepreneur Sameer Mehra, CEO of Suminter India Organics, to join Endeavor's global network at an International Selection Panel held in Istanbul, Turkey.

Suminter (www.suminterindiaorganics.com) converts small-scale farms to organic standards, and then buys the produce at a premium for export to the global market. Certified by Fair Trade, Suminter currently works with over 4,000 Indian farmers, whose farms are certified by global agencies like SKAL to meet US and European organic standards.

"Entrepreneurs like Sameer represent the high-impact potential necessary to jumpstart economic growth in developing markets worldwide and transform their cultures" said Endeavor Co-founder & CEO Linda Rottenberg. "Sameer bridges the gap between small-scale farmers and would-be consumers to bring healthy and socially-responsible goods to market."

Endeavor identifies and supports innovative emerging-market entrepreneurs with high-impact potential to help grow their enterprises, create high-value jobs and become role models. The International Selection Panel is the culmination of a rigorous multi-step search and selection process where top business leaders interview and then offer guidance to entrepreneur candidates. Among the business leaders who participated in this panel were Aramex's CEO & Founder Fadi Ghandour, Orascom Telecom's CEO & Chairman Naguib Sawiris, and Burger King's Chairman Brian Swette. Endeavor provides entrepreneurs with customized services from successful business mentors, Fortune 500 consulting firms and top business schools.

Endeavor India began pre-launch operations last year, with three founding Board members Jubilant Organosys Co-Chairman & Managing Director, Hari Bhartia; ChrysCapital Founder & Senior Managing Director, Ashish Dhawan; and Citi India CEO, Sanjay Nayar. Endeavor India plans to build out the Board and expects to host its inaugural India International Selection Panel in December.

About Endeavor Endeavor breaks down barriers that prevent emerging-market entrepreneurs from reaching their high-impact potential. Hailed by NYT columnist Thomas Friedman as the "mentor capitalist" model, Endeavor identifies entrepreneurs leading high-growth, innovative companies in emerging markets.
These entrepreneurs receive world-class advice, access to key networks and other tools that catapult them to success. With Endeavor's guidance, they become "high-impact" creating jobs, generating wealth and inspiring others. Often overlooked, these local entrepreneurs are jumpstarting private sector development in their countries.

As of January 2007, Endeavor's 333 Entrepreneurs (representing 220 companies in 9 countries) have created over 91,000 new jobs and generated $2.4 billion in revenues.

Endeavor Mallika Singh, +91-98730-85003 mallika@endeavor.org

Business: Shanghai Century acquisition corporation announces extraordinary

Shanghai Century acquisition corporation announces extraordinary general meeting of shareholders for appointment of voluntary liquidators

New York (BUSINESS WIRE) - Shanghai Century Acquisition Corporation (AMEX: SHA) Shanghai Century announced that its Board of Directors will convene a General Extraordinary Meeting of the Shareholders on July 8, 2008, to consider and approve a proposal to appoint Cosimo Borrelli and Jacqueline Walsh, both of Borrelli Walsh Limited, to act jointly and severally as liquidators of the Company in relation to the Company's voluntary liquidation.

On May 28, 2008, the Shanghai Century Board of Directors filed a Notice of Dissolution and a Declaration of Solvency with the Cayman Islands' Registrar of Companies, in addition to publishing in the Cayman Islands' Gazette, a notice to all possible creditors of the Company's voluntary winding-up and distribution of assets. The Liquidators will undertake their own independent assessment of the Company's creditors and evaluation of claims.

The Board considers it advisable for an independent liquidator to be appointed, which under Cayman Islands' law requires shareholder approval. Cosimo Borrelli is a chartered accountant with over 20 years of experience in formal and informal corporate restructuring, insolvency, forensic accounting and financial investigations. Jacqueline Walsh is a qualified lawyer in Hong Kong and the United States with over 14 years of experience in formal and informal corporate restructuring, insolvency, court and private receiverships and financial investigations.

The Liquidators' responsibilities will include, but are not limited to, settling any outstanding creditor claims and making a pro rata distribution to the holders of securities issued in the Company's April 28, 2006 initial public offering (the "IPO"), from the trust account (the "Trust Account") into which the net proceeds of the IPO were deposited (plus (i) one-half of the interest earned on the Trust Account and (ii) any remaining net assets) The per share distribution amount will not be determined until after the Liquidators have evaluated and paid the creditors' claims and may be less than the IPO price of US$8.00 per unit, assuming the entire amount of the Trust Account is available for distribution. No payments will be made in respect of the outstanding warrants (which have expired worthless) or to any of its initial shareholders with respect to the shares owned by them prior to the IPO.

Shanghai Century Acquisition Corporation was formed for the purpose of acquiring, through a share exchange, asset acquisition or other similar business combination, or control through contractual arrangements, an operating business having its primary operations in China. In April 2006 the Company raised US$115 million through an initial public offering on the American Stock Exchange. Shanghai Century Acquisition Corporation's principal offices are in Hong Kong.

Shanghai Century Acquisition CorporationFranklin D. Chu,
+852-2854-1118 Co-Chief Executive Officer &
Directorfchu@shanghai-century.com

Business: SE Asian process instruments market gains momentum

Thriving economy and intense competition propel Southeast Asian process instruments markets forward

Singapore (BUSINESS WIRE) - The highly competitive process instruments market in Southeast Asia is gaining momentum with the development of high-technology products and the cost-effective commercialization of technology. With a stable growth rate of 10 percent in these emerging economies and investments pouring in from the United States, Europe, and Japan, the future is bright for the process instruments market.

New analysis from Frost & Sullivan (http://www.industrialautomation.frost.com), Process Instruments Markets in Southeast Asia, finds that the market earned revenues of about $177.0 million in 2007 and estimates this to reach $400.0 million in 2014.

"The true potential of process instruments markets lies in Southeast Asia ? the booming oil and gas and petrochemical industries in the region together contribute about 50 percent of the sales of process instruments," says Frost & Sullivan Research Analyst Nookala Vinod.
"Southeast Asia's petrochemical firms are all set to cash-in on the escalation of demand, and these developments augur well for the future of the process instruments market."

Growing demand from other segments is driving the uptake of process instruments such as positioners, flow meters, and temperature, pressure, and level transmitters. Application-specific technologies help process instruments attain a wider reach, especially in food & beverage & chemical sectors, which have explicit needs such as sanitary process connections, resistance to aggressive chemicals, and cleaning procedures.

The key challenge for manufacturers in this fragmented market is putting an effective distribution system in place to establish a cohesive network to integrate widely dispersed customers. Optimizing commercialization strategies to attain high sales, while minimizing overheads, thus, becomes crucial.

"Manufacturers need to concentrate on referrals to create new opportunities, along with emphasis on after-sales support," notes Vinod. "Local support and timely responsiveness is extremely important to sustain in the market."

Further, manufacturers must stay abreast of developments in end-user technology trends and production processes. With such a wide variety of technologies for process management, quick response is vital to gain an edge.

"End-user segments are gravitating toward real-time data display techniques, having realized the value of accurate and timely information to enable more timely decision making," says Vinod. "Techno-savvy end users prefer transmitters with integrated software and only manufacturers who offer high-quality, cost-effective solutions end up with a win-win situation."

Overall, the process instruments market is brimming with opportunities as competition is intensifying on the technology front. Factors such as competitive pricing and branding will dictate growth directions for participants.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the process instruments markets in Southeast Asia, then send an e-mail to Donna Jeremiah, Corporate Communications, at djeremiah@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a virtual brochure will be sent to you by e-mail. Process Instruments Markets in Southeast Asia is part of the Industrial Automation and Process Control Growth Partnership Service program, which also includes research in the following markets: Safety systems market in southeast Asia Automation & software market in Southeast Asia Automation & software market in ANZ All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership? empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Process Instruments Markets in
Southeast Asia P14E Frost & SullivanCorporate Communications ?
Southeast AsiaDonna Jeremiah, +603 6304 5832 Fax: +603 6201 7402 djeremiah@frost.com or Corporate Communications ?
North AmericaDavid Escalante, 210-477-8427 Fax: 210-348-1003 david.escalante@frost.com or Corporate Communications ?
Europe Joanna Lewandowska, +48 22 390 41 46joanna.lewandowska@frost.com or Corporate Communications ?
South Asia Ravinder Kaur, +91 44 42044760 Fax: +91 44 24314264 ravinder.kaur@frost.com or Corporate Communications ?
Middle East Nimisha Iyer, +91 22 4001 3404 Fax: +91 22 2832 4713 niyer@frost.com or Corporate Communications ?
Latin America Jos? Mar?a Jantus, + 54-11-4777- 9951 Fax: + 54-11-4777-0071 jose.jantus@frost.com or Corporate Communications ?
China Amelia Wong, +86 21 5407 5783 Ext 8669 Mobile: +86 13621724823 amelia.wong@frost.com or Corporate Communications ?
Africa Patrick Cairns, +27 18 468 2315 patrick.cairns@frost.com http://www.frost.com

Business: Environmental risk low on Asia Pacific companies agenda: Survey

ACE sponsored survey shows environmental risk low on Asia Pacific companies' risk horizon

Singapore (BUSINESS WIRE) - Although the general trend globally is towards more rigorous evaluation of environmental risk, Asia Pacific is behind the curve according to a new survey conducted by the Economist Intelligence Unit and sponsored by the ACE Group of Companies.

The survey report Under the Spotlight: the transition of Environmental Risk Management' assesses the extent to which environmental risk management has become part and parcel of modern business strategy. In March 2008, the Economist Intelligence Unit surveyed 320 executives around the world about their approach to environmental risk management and their
perception of the key challenges and opportunities surrounding environmental risk. Of the survey respondents from Asia and Australasia, North America and Western Europe, 40% were senior C-level executives such as CEOs, CFOs, and CROs and the balance consisted of risk managers, senior vice presidents, heads of business units and other senior managers.

Twenty percent of the 101 risk managers surveyed in Asia Pacific saw market risk as a more significant threat than environmental risk (2%).

When asked to rate the environmental concerns which they felt were significant, climate change, rising fuel and energy prices emerged as very significant environmental concerns among 21% of Asia Pacific's respondents.

On whether there were more risks or opportunities associated with climate change in Asia Pacific, 29% saw the risks as significant but a slightly higher portion of 35% saw the opportunities as significant.

This finding reflects a widely held view that, while climate change could have a devastating effect on economic growth and the business community, there will be new and emerging opportunities associated with society's efforts to address the problem. ACE, for example, launched Environmental Risk Solutions earlier this year in Asia Pacific to add breadth to the current range of liability offerings by providing businesses with ability to deal with environmental pollution.

The findings do also show that 30% of Asia Pacific respondents expect to significantly increase the amount of attention and financial resources dedicated to environmental risk in the next three years. During this time, 51% of the respondents expect the scale of overall environmental liabilities to increase.

"The survey shows that growing stakeholder pressure, the complexity of supply-chain and vendor management coupled with the threat of climate change are the three main factors encouraging the rise of environmental risk up the corporate agenda."

said John Bassetto, President & CEO ACE Asia Pacific. "Although Asia Pacific is lagging behind in addressing environmental risk management, as the pace of environmental regulation and awareness grows, ACE strongly believes that more and more companies will be compelled to consider environmental risk as part of their total insurance needs".

ABOUT ACE ACE Asia Pacific is a part of the ACE Group of Companies.

The region comprises an extensive network of operations serving Australia, Hong Kong, India, Indonesia, Korea, Macau, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam. ACE's presence in China is driven by a strategic partnership with Huatai Insurance Company, in which ACE is the single largest shareholder.

ACE Asia Pacific offers a diversified product suite which has at its core an established Property & Casualty business which is increasingly balanced by Accident & Health offerings.

Supplementing these primary lines of business is a growing array of small-to-medium enterprise (SME), and Personal Lines products.

Additional information can be found at www.acelimited.com.
ACE Asia Pacific Michele Anne Minjoot, +65 6398-8708
michele.minjoot@ace-ina.com

Business: Not enough to slow outward migration: Manpower survey

Manpower Research reveals only 12 percent of employers think governments and businesses are doing enough to slow the outward migration of talent

Sydney - /Medianet International-AsiaNet/ - Manpower Australia & New Zealand released today the results of its Borderless Workforce survey to determine employer views about the outward migration of talent. The findings reveal that only 12 percent of employers in New Zealand think government and businesses are doing enough to slow the outward migration of talent and attract these people back to New Zealand. There were 28,000 people surveyed globally in 27 individual countries and territories including New Zealand.

52 percent of employers in New Zealand expressed concerns about the potential negative impact on the labour market from talent leaving the country to work abroad. Employers in the Services and Manufacturing sectors are most concerned, while similar levels of concern are expressed across all other sectors. The survey also indicated that employers in New Zealand consider Australia, China and the United Kingdom as the biggest competitive threats to their ability to compete economically.

The survey shows that todays workforce is on the move as never before. But most employers and governments are a long way from fully understanding the complex issue of talent mobility and its growing role in the talent shortages that are affecting todays global labour markets.

In New Zealand, as in most other countries, the consensus is that businesses and governments are neither doing enough to slow outward migration, nor to attract these people back to their home countries after they have left for jobs or universities abroad. While its true that we need to do more to keep our most talented workers, we must also consider how we can strengthen our collective employer brand New Zealand to attract more talented workers from overseas to fill our current and future talent shortages, said Catherine Lo Giacco General Manager, Manpower New Zealand.

Within the Asia Pacific region, employers in Taiwan (64 percent) have the greatest concerns about the impact on the labor market from talent leaving their country to work abroad, followed by India (57 percent) and New Zealand (52 percent) and the least concerned are employers in China. Whilst concerns that governments and businesses are not doing enough to slow the outward migration of talent and attract these people back to their home country is most prevalent amongst employers in New Zealand (79 percent), closely followed by Japan (70 percent) and the least concerned are employers in China.

A parallel Relocating for Work Survey by Manpower Inc. found that 78% of individuals would be willing to relocate for work in the future and 41% of those would be willing to relocate permanently. Respondents from the Philippines (96%), Ireland (93%), Brazil (93%), Portugal (92%), Colombia (92%), Mexico and Central America (92%) and Peru (90%) were the most likely to consider relocating for employment opportunities in the future.

Respondents under 30 years old were more receptive to moving for work. In terms of gender differences, men were more inclined to move for longer periods of time (four to six years or longer) while women preferred assignments varying from one to three years and less than six months. The majority of migrants (82%) relocate to increase their pay and 74% move for career enhancement, 47% want the opportunity to learn another language and this was the strongest reason for women (50%) to relocate for work.

For white collar workers, there can be many other factors moving them away from home, even though income ranks the highest in this survey. Many go for the adventure, to acquire new skills or to learn a language or improve their language skills, or, if they are moving cross-border, to build valuable new cultural skills. Still others see such moves as fast paths to accelerate their careers as young professionals can often take on more responsibility and gain more experience and business skills more rapidly in a foreign country than they ever could at home, said Lo Giacco. Employers experiencing talent shortages in certain positions should be capitalising on workers willingness to move and forging stronger partnerships with regional authorities and with educational institutions in places where they identify potential talent.

The most popular destinations that people would want to relocate for work are the U.S., U.K., and Spain. Among respondents in the Asia Pacific region, the preferred destination to relocate is China. The largest number of professionals is coming from China, the U.S., India, the U.K. and Germany.

Top 10 Preferred Destinations for Work (From Respondents in the Asia-Pacific region) 1. China 2. United States 3. Australia 4. Hong Kong 5. United Kingdom 6. Singapore 7. Taiwan 8. Japan 9. Canada 10. Malaysia

Top 10 Source Countries for Foreign Talent 1. China 2. United States 3. India 4. United Kingdom 5. Germany 6. Japan 7. Spain 8. France 9. Canada 10. Poland

The complete results of Manpowers Borderless Workforce survey can be downloaded at www.manpower.co.nz

Todays survey announcement coincides with the publication of a new Manpower white paper, The Borderless Workforce. The white paper explores the complexities of todays global workforce, how employers and governments are responding to the fluidity of talent, and the challenges and opportunities that talent mobility poses for employers and individuals.

For further information: Catherine Lo Giacco, General Manager, New Zealand Phone: +64-9-308-3338, Mobile:
+64-21-644074, Email: clogiacco@manpower.co.nz

Karen Kerr, Phone: +64-7-834-1620, Email: kkerr@manpower.co.nz

SOURCE: Manpower

Business in Asia Today - June 24, 2008

BG LAUNCHES HOSTILE US$13.3 BLN BID FOR AUSTRALIA'S ORIGIN
Melbourne (ANTARA News/Asia Pulse) - British giant BG Group plc has launched a hostile A$13.8 billion (US$13.13 billion) bid for gas explorer and energy retailer Origin Energy Ltd (ASX:ORG), which if successful will be one of the the biggest takeovers ever made in Australia.
BG is aggressively pursuing Origin, saying it will take its "full value" bid directly to the Sydney-based company's shareholders, after the target rejected its two earlier approaches.
BG's formal bid comes almost four few weeks after Origin rejected its unsolicited proposal of A$15.50 a share - which was revised up from an initial A$14.70 a share in April - and for which BG had hoped to receive board support.

MALAYSIA'S SPK-SENTOSA WINS ABU DHABI HOUSING PROJECT WORTH US$723.9 MLN
Kuala Lumpur (ANTARA News/Asia Pulse) - SPK-Sentosa Corporation Berhad (KLSE:1813) on Monday announced that it has won a contract worth AED2,655,197,816 (US$723.9 million) for a massive housing project in Abu Dhabi.
ALDAR Properties PJSC had on 22 June 2008 accepted a proposal from SPK-Sentosa's wholly-owned unit, Pembinaan SPK Sdn Bhd (PSPK), for the construction of 2,080 villas in the Al Falah Community Development in Abu Dhabi.
The work under the Al Falah project is expected to begin in September 2008 for completion within 36 months, SPK-Sentosa said in a statement.

INDIA'S ONGC PLACES US$514 MLN ORDER WITH BHEL, GE CONSORTIUM
New Delhi (ANTARA News/Asia Pulse) - ONGC Tripura Power Co, a unit of state-run Oil and Natural Gas Corp (BSE:500312), has awarded a Rs 22.07 billion (US$514.80 million) order to a consortium of Bharat Heavy Electricals Ltd (BSE:500103) and General Electric for the generation of 720 MW of power from natural gas produced by ONGC in the northeastern state of Tripura, a company statement said here.
The 360x2 MW combined cycle gas turbine power plant is being developed by OTPC at Palatana in south Tripura. ONGC has 50 per cent equity stake in OTPC, the balance being held by IL&FS and the Government of Tripura.

S KOREA'S DONGWON TO ACQUIRE STARKIST FOR US$350 MLN
Seoul (ANTARA News/Asia Pulse) - Dongwon Group, a South Korean food conglomerate, said today it will buy a 100 per cent stake in U.S. canned tuna company StarKist from Del Monte Foods Co. for US$350 million.
Dongwon will sign a contract for the transaction at a Seoul hotel on Thursday, a company official said.
StarKist accounts for about 38 per cent of the canned tuna market in the U.S. and generated sales of $600 million last year.

RIO TINTO WINS 85 PCT PRICE HIKE FOR IRON ORE IN DEAL WITH BAOSTEEL
Sydney (ANTARA News/Asia Pulse) - Rio Tinto Ltd (ASX:RIO) has secured an iron ore price increase of 85 per cent with Chinese steel maker Baosteel (SSE:600019).
The price includes a small freight premium and will apply to iron ore deliveries for the contract year from April 1, 2008. The price rise was at the bottom end of the expectations of analysts, who were anticipating an increase between 85 per cent and 95 per cent.

JAPAN'S KDDI ENTERING TELEGRAM MARKET TO CRACK NTT MONOPOLY
Tokyo (ANTARA News/Asia Pulse) - KDDI Corp. (TSE:9433) is teaming up with Nippon Express Co. (TSE:9062) to enter the telegram market in a bid to break the grip held by Nippon Telegraph and Telephone Corp. (TSE:9432), The Nikkei learned Monday.
KDDI will start offering a telegram service on July 1, setting up nine delivery centers nationwide, with the goal of grabbing a 20 per cent market share in three years.
The telegram market is estimated at about 60 billion yen (US$557 million), down about 40 per cent from a peak in fiscal 1996.

VIETNAM'S VINACOMIN TO BUY COAL FROM INDONESIA TO FUEL PLANT
Hanoi (ANTARA News/Asia Pulse) - The Vietnam National Coal and Mineral Industries Group (Vinacomin) has recently signed a framework contract to buy 3.5 million tonnes of coal from Indonesia's PT Berau company and Indonesia-based Maintime company of Hong Kong.
The group said the coal will be used for the Vinh Tan 1 thermal power plant, which is part of the Vinh Tan power complex designed to have a capacity of 4,400 MW in southern Binh Thuan province. Early June, Vinacomin officials met with representatives from the PT Berau, Oxbow Coal, Siam Cement Trading, Sojitz (TSE:2768) and Cincor Coal in Indonesia to inquire into opportunities to import coal.

LG CHEM SIGNS DEAL TO BUY KOLON POLYMER FACILITY FOR US$86.8 MLN
Seoul (ANTARA News/Asia Pulse) - LG Chem Ltd. (KSE:051910), South Korea's largest chemical maker, said today it has signed a formal contract to buy a facility to produce super-absorbent polymers from Kolon Industries Co. (KSE:002020) for some 90 billion won (US$86.8 million).
Super-absorbent polymers, which can absorb many times their own weight in liquid, are used in personal disposable hygiene products such as baby diapers and feminine napkins.
With the acquisition, LG Chem aims to expand sales of the material to 1.5 trillion won by 2015 from the current 100 billion won, the company said in a statement.
The facility has an annual production capacity of 70,000 tons of super-absorbent polymers.

PERTAMINA SET TO CONTROL 54.28 PCT OF INDONESIA'S LUBE OIL MARKET
Jakarta (ANTARA News/Asia Pulse) - State-owned oil and gas company PT Pertamina is set to control a 54.28 per cent share of the total market of 700,000 kiloliters of lubricant oil in the country this year.
Pertamina hopes to sell 380,000 kiloliters of lubricant oil this year and earn Rp400 billion (US$43.2 million) in profit, a company official told the newspaper Investor Daily.
Pertamina's share of the market value, however, is expected to reach only Rp5 trillion or 41.7 per cent of lubricant oil market value of Rp12 trillion, marketing manager Hasto Wibowo said.

TAIWAN'S MAY JOBLESS RATE LOWEST IN EIGHT YEARS
Taipei (ANTARA News/Asia Pulse) - Taiwan's unemployment rate in May fell by 0.03 percentage point year on year to 3.84 per cent, compared with that of the same month last year, marking the lowest rate for May since 2001, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Monday.
"Compared with the same month last year, 150,000 more people were employed, representing 1.49 per cent growth," said Huang Jiann-jong, deputy director of the Bureau of Census under the DGBAS.
Huang said the 3.84 per cent jobless rate in May was a sign of an expanding labor market.

Source:
Business in Asia Today - JUNE 24, 2008
published by Asia Pulse

COPYRIGHT © 2008

Business: DCML LLC files letter to Konica Minolta re Danka office imaging

New York, (ANTARA News/PRNewswire-AsiaNet) - The following is a letter from DCML LLC to Konica Minolta Group.

Esteemed members of Konica Minolta Group's Corporate Governance Committee:
We write regarding your pending acquisition of Danka Office Imaging (DOIC). We are longtime shareholders of DOIC's parent, Danka Business Systems PLC (the "Company").

Some of our members owned, through other entities, more than 1,400,000 shares of Company stock and $6,000,000 of subordinated debt from 2005 to 2007. Members of DCML also owned almost 500,000 shares of Company stock prior to the announcement of Konica Minolta's offer to buy DOIC. Today, we own in the aggregate, approximately 6% of the Company's common stock on a fully diluted basis

As shareholders of Danka, we are thankful for your recognition of DOIC's value, as represented by your acquisition offer. Unfortunately, we believe that you may not have appreciated the questionable manner in which Danka management has proposed to distribute the proceeds resulting from the sale of DOIC to Konica Minolta.

One could argue that the distribution of sale proceeds should not concern Konica Minolta, that such matters are not your responsibility after you have fulfilled your transaction obligations. As a legal matter, that is likely true. But because of your strong commitment to responsible corporate governance and to corporate ethics, we wish to bring to your attention the following facts and observations.

1. Danka's management and Board, with whom you have negotiated the DOIC sale, propose to distribute to ordinary shareholders $6.5 million from sale proceeds totaling at least $240 million, subject to escrow-related adjustments. Management, by contrast, will receive a pay-out of almost $10 million in change-of-control benefits. On its face, this is a wildly inequitable distribution.

2. Danka's management and Board are concerned that shareholders may not vote in favor of this distribution outcome, so they are improperly attempting to control the vote -- to make it difficult for shareholders to exercise their vote, by inhibiting the conversion of ADS to ordinary shares, and by voting the shares of all holders who do not otherwise vote themselves. These efforts are highly questionable.

3. If shareholders do not approve the proposed sale of DOIC, management and the Board have threatened to delist Danka, and complete the sale of DOIC to Konica Minolta without shareholder approval. It is difficult to conceive of a less shareholder friendly action. An ethical board committed to good governance would never threaten such action.

It is therefore clear that, while Konica Minolta has acted honorably and fairly in its effort to acquire DOIC, it is doing business with a management team and Board that is acting unfairly, unreasonably and unethically. A company like yours, committed to good governance and the highest standards of corporate behavior, might reasonably question whether it wishes to be associated with the activities of individuals who do not take seriously their fiduciary duties and may be the targets of future shareholder litigation.

Respectfully,
Robert Andrade
Rosty Raykov
DCML LLC SOURCE DCML LLC
CONTACT: Robert Andrade or Rosty Raykov,
both of DCML LLC,
(DANKY)

Technology: Bangkok`s Novotel Lotus Hotel using fuel saving technology

Bangkok, (ANTARA News/PRNewswire-AsiaNet) - The Novotel Lotus Hotel expects to save more than $1.6 million (THB) each year in fuel costs and substantially reduce the amount of greenhouse gases (GHG's) it releases into the environment as the first off-grid city center corporate hotel in Asia to deploy the Etorus FE, a leading fuel saving technology.

The hotel property employs two large high speed/high density diesel fuel fired boilers to operate steam powered generators and produce hot water. The boilers together typically consume more than 30,000 liters of fuel per month.

"Our objectives are to be a good neighbor by reducing emissions of soot and carbon gases into the atmosphere and to simultaneously save money on fuel costs," said Ramesh Khendry, general manager for Novotel Lotus Hotel and the Regency Park Hotel in Bangkok. "We are accomplishing both with the Etorus FE fuel saving technology, and we have been very successful in reducing fuel consumption and limiting carbon released into the environment."

The Novotel Lotus Hotel expects to save about 60,000 liters of fuel annually, which translates to a cost savings of more than $1.6 million (THB), or $50,000 USD.

In an unaudited report by an external agency, when GHG trials began in April 2007, carbon monoxide (CO) output levels were reported at 49 parts per million (ppm). After installation of the device, CO levels dropped to 13 ppm, and carbon dioxide was reduced by over 17%.

The Etorus FE is currently used throughout the world to reduce fuel consumption and emissions in a number of applications, including fleet trucks, buses, locomotives, generators, boilers, furnaces, marine vessels and heavy off-road construction and mining equipment. Etorus, Inc. is a privately held United States-based global provider of business solutions for energy and environmental issues.

For more information, visit http://www.etorus.com/how.html

In addition to the Novotel Lotus, Master Com Engineering Company Limited, the Thailand distributor located in Bangkok, has sold the Etorus FE to Thai Beverage, Isuzu Motors, Rubia Industrial, Apex Plastic, and other companies in the region to increase efficiency in a variety of oil fire burner/boiler and diesel fueled engine applications.

"Through Etorus in the United States, we are able to offer our customers a unique product, excellent engineering support, and a quick response that allows them to immediately save on fuel costs, while reducing their emissions," said Visit Ungwajanon, general manager for Master Com Engineering Company Limited. "Compared to other fuel saving technologies we have evaluated, the Etorus FE exceeds the results of any other products in terms of fuel cost and emissions reductions. Our customers are experiencing fuel consumption reductions averaging 5-15% and can reduce GHG's by 10-30%."

Contact: Ramesh Khendry, General Manager
Novotel Lotus Hotel, Bangkok
(66) 02-610-0111

SOURCE: Novotel Lotus Hotel
CONTACT: Ramesh Khendry,
General Manager of Novotel Lotus Hotel, Bangkok,
(66) 02-610-0111
Web site: http://www.etorus.com

Business: Convergys thought leadership speaker series: The cost of care

Convergys thought leadership speaker series: as the cost to serve customers escalates, in-house customer care operations struggle to compete for internal resources and budget and to keep the business competitive. Now what?

Cincinnati & Manila, Philippines (BUSINESS WIRE) - At a public affairs seminar on the outsourcing industry in the Philippines, hosted in Manila by the Financial Executives Institute of the Philippines, Convergys Corporation (NYSE: CVG), a global leader in relationship management, shared its insights on how companies can benefit from customer care outsourcing and avoid the pitfalls of choosing a poor outsourcing partner.

Speaking on "The Pros and Cons of Outsourcing," Marife Zamora, Vice President and Country Manager of the Philippines for Convergys, discussed the many benefits of customer care outsourcing including greater freedom to concentrate on core competencies, greater access to advanced technology without capital investment, greater accountability, and greater capacity, flexibility, and scalability to meet unpredictable periods of high and low demand and to address different customer contact preferences.

According to Ms. Zamora, companies with in-house customer care operations are finding it increasingly difficult to economically and efficiently address the new reality of customer relationship management in the twenty-first century.
Many are finding that the complexity of serving customers today surpasses their capacity to do so, that their research and development costs for new technologies to support their agents and their customers is unsustainable, and that the challenges of hiring, training, and keeping talent are a constant demand on their internal resources, especially as requirements rise for multiple language and high-technology skills for today's agents. More importantly, these challenges are threatening the ability of the internal operations to support differentiation through the customer experience and help keep the business competitive.

The presentation provides case studies to illustrate how three companies used outsourcing and technology enablement to improve care, reduce costs, and drive greater value from their customer relationships.

Questions addressed by the Convergys presentation include:
How do I truly compare costs to determine whether outsourcing reduces my total cost of care?
How do I address my concern over loss of control and the potential for quality problems?
How do I make sure our brand and revenue growth is not negatively affected when outsourcing customer care?

To view a copy of the presentation, please visit:
http://convergys.com/company/news-events/events.php

To learn more about the Convergys speaker program and the availability of Convergys speakers and their topics, contact the speaker program director, Jeff Hazel at +1 513 723 7153 or jeff.hazel@convergys.com.

To receive Convergys news releases by email, click on http://www.convergys.com/news_email.html.

ABOUT CONVERGYS

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

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

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

Convergys is a member of the S&P 500 and has been voted a Fortune Most Admired Company for eight consecutive years. We have approximately 75,000 employees in 85 customer contact centers and other facilities in the United States, Canada, Latin America, Europe, the Middle East, and Asia, and our global headquarters in Cincinnati, Ohio. For more information, visit www.convergys.com.

(Convergys and the Convergys logo are registered trademarks of Convergys Corporation.)

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

Business: Nakheel & Trump Organization to sell most expensive Dubai penthouse

New York, (ANTARA News/ PRNewswire-AsiaNet) - Nakheel and the Trump Organization, two of the world's leading developers, are set to break property records in Dubai after receiving bids for an exclusive penthouse in Trump International Hotel & Tower on Palm Jumeirah.

Trump International Hotel & Tower, one of the most anticipated new builds in Dubai and Donald J. Trump's first in the region, will provide Trump's renowned highest level of luxury, impeccable service and exclusive amenities in a building that is poised to become a stunning landmark on the skyline of Dubai. In addition to a range of phenomenal one to four bedroom units, the Tower will feature the most coveted and expensive penthouse in Dubai. Donald J. Trump has already reserved an apartment in the Tower, while pre-sales of some properties have sold for as much as $3000USD per square foot, with the average price per square foot selling for $2450USD. Public sales of the exclusive residences begin today, June 23, 2008.

Donald J. Trump, CEO of the Trump Organization, said:
"I have created some of the world's most spectacular buildings and hotels, but my project with Nakheel will be one of the most impressive undertakings I have ever been a part of. Palm Jumeirah is on course to becoming one of the world's premier tourist destinations and the perfect location for my first venture in the Middle East. I'm thrilled with the early sales of the residences and I plan to reserve a property in the Tower for myself. I can assure you that the hotel will be a destination in itself, providing a stunning centerpiece to the skyline of Dubai."

Sultan Ahmed bin Sulayem, Nakheel Executive Chairman, said:
"Nakheel is best known for creating larger than life developments such as the Palm islands and The World and Donald J. Trump is synonymous with luxury and glamour. Both companies are famous for making the impossible possible. Working as one, Nakheel and Trump, together, will bring a breathtaking and awe-inspiring structure to Palm Jumeirah and once again set the standard for big ideas and ultimate luxury. It's no surprise that with such an incredible and sought-after project we have broken sales records in Dubai which is testament to the exclusive product we are delivering to buyers."

A masterpiece of architecture, the 62-story, stainless steel and glass Trump International Hotel & Tower will be the tallest structure on Palm Jumeirah and is expected to be completed in summer 2011. The property will be comprised of two freestanding towers that straddle the center line of Palm Jumeirah, making it the gateway to the heart of the development. The towers stand on a four-story bisected podium structure converging at the 40th-floor to create the building's glazed diamond shaped pinnacle. This distinctive design will offer residents and guests unobstructed panoramic views of the Arabian Gulf and beyond.

A highlight of the spectacular Trump International Hotel & Tower will be the two expansive penthouse residences designed by one of Architectural Digests Top 100 interior designers, Kelly Hoppen. Hoppen is best known for introducing the "East Meets West" philosophy to interior design, which has remained her signature over the years. The classic Kelly Hoppen look is defined by using straight lines, symmetry and a neutral and subtle color palette to create balance within the home.

Trump International Hotel & Tower will offer an extraordinary opportunity for sophisticated buyers. Located just steps away from five-star marinas, hotels, the Atlantis resort, and Cirque du Soleil, the 399 residences and townhouses will be offered in three categories: the Platinum Collection, the Titanium Collection, and the Pinnacle collection. Units will range from 890 to 7,500 square feet with options in one, two, three and four bedrooms.

For more information please contact:
Greg Moore on +971-55-985-3375 or Mustafa Al Sheikhly on +971-55-985-3370
Or email: Nakheel@fourcommunications.com
See http://www.trumpdubai.com for more details
For additional photographs please visit http://www.nakheelmediacentre.com
SOURCE: Nakheel and The Trump Organization

Business: Shaw to lead group in support of Hyundai Oilbank's refinery

Baton Rouge, La. (BUSINESS WIRE) - The Shaw Group Inc. (NYSE: SGR) announced today that its Energy & Chemicals Group has been selected by Hyundai Oilbank Co. Ltd. to lead a consortium that will provide professional services and procurement of critical equipment for a major grassroots expansion of Hyundai Oilbank's refinery complex in Daesan, South Korea.

Shaw, along with consortium partner Hyundai Engineering Co. Ltd., will provide front-end engineering design for the integration of 15 refinery process units, including a 52,000 barrels per day residue fluidized catalytic cracking unit and a 66,000 barrels per day atmospheric residue desulfurization unit. The consortium will also provide front-end engineering design for associated utilities and infrastructure, procurement of critical equipment, as well as project management services.

The expansion project will allow for conversion of high-sulphur fuel oil to higher value refining products while also upgrading the refinery to meet future fuel specifications in Korea. The value of Shaw's contract, which will be included in the company's third quarter fiscal 2008 backlog of unfilled orders, was not disclosed.

"This award further establishes Shaw as a leading technology integrator, as well as a leader in providing engineering, procurement and project management services in the expanding Korean refining market," said Lou Pucher, president of Shaw's Energy & Chemicals Group.

Shaw recently completed the integration of 14 process units and related services for the addition of a 60,000 barrels per day fluid catalytic cracking unit at a refinery in Ulsan, South Korea, for SK Corporation.

The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemicals, environmental, infrastructure and emergency response markets.

A Fortune 500 company with fiscal 2008 revenues expected to exceed $7 billion, Shaw is headquartered in Baton Rouge, La., and employs approximately 27,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. For further information, please visit Shaw's Web site at www.shawgrp.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements.?The statements contained herein that are not historical facts (including without limitation statements to the effect that the Company or its management "believes,""expects,""anticipates,""plans" or other similar expressions) and statements related to revenues, earnings, backlog or other financial information or results are forward-looking statements based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions and are subject to change based upon various factors. Should one or more of such risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. A description of some of the risks and uncertainties that could cause actual results to differ materially from such forward-looking statements can be found in the Company's reports and registration statements filed with the Securities and Exchange Commission, including its Form 10-K and Form 10-Q reports, and on the Company's Web site under the heading "Forward-Looking Statements."

These documents are also available from the Securities and Exchange Commission or from the Investor Relations department of Shaw. For more information on the company and announcements it makes from time to time on a regional basis, visit our Web
site at www.shawgrp.com.

The Shaw Group Inc.
Financial Contact:Chris Sammons, 225-932-2546
or Media
Contact:Sean Clancy, 225-987-7129

Business: GE Water Solutions selected for Pakistan's national clean water initiative

GE advanced membrane technologies to provide safe, clean drinking water at over a thousand sites

Islamabad, Pakistan & Trevose, Pa. (BUSINESS WIRE) - A visionary government program to provide clean drinking water throughout Pakistan will use GE ultrafiltration systems at over a thousand distribution sites. This initiative is expected to improve the lives of over one million people by providing them access to treated water that meets World Health Organization (WHO) standards.

About two thirds of Pakistan's 169 million people live in rural areas and many do not have access to a consistent supply of safe, clean water. According to United Nations Children's Fund (UNICEF), as much as 40 percent of hospital beds in Pakistan are occupied by patients suffering from water related diseases. The Homespring ultrafiltration systems will help safeguard human health by efficiently and cost-effectively removing virtually all bacteria and viruses from various water sources. GE's local partner, Ideal Hydrotech Systems, will be responsible for system installation and operator training during the next 12 months and for the ongoing maintenance of the units.

"We are extremely proud that GE's Homespring systems are part of this incredible endeavor," said Jeff Garwood, President and CEO, GE Water & Process Technologies. "Our water filtration capabilities are enabling Pakistan and other nations to bypass costly infrastructure development to quickly and economically provide clean water for people in remote areas.""Ideal Hydrotech Systems is very pleased to be working with the Government of Pakistan and the CDWA to bring safe drinking water to the people of our country," said Nehal Saeed, COO of Ideal Hydrotech Systems, which is headquartered in Austin, Texas USA with offices in Dubai and Pakistan. "The Government of Pakistan has entrusted us with the job of building and operating drinking water plants at nearly 1,200 sites in the North West Frontier Province alone ? one for every Union Council or County. We have invested heavily in local resources to meet the needs of the project, including a network of six offices and more than 500 permanent staff. With the continued support of GE, we look forward to working on several similar future projects in Pakistan."

According to the World Health Organization (WHO) the majority of water-related health problems are caused by microbial contamination.

Homespring's ecomagination-certified ultrafiltration membranes require no chemicals or electricity to filter water through billions of microscopic pores that physically block pathogens from passing into the treated water supply. This is a tremendous benefit for rural communities that can often face power interruptions and significant challenges in reliably transporting and storing large amounts of water treatment chemicals that other systems may require. Homespring can also be paired with GE's reverse osmosis membranes to remove chemical compounds from source water. In remote areas, GE solar panels can provide electrical power, resulting in a complete, self-sufficient water treatment system.

ABOUT GE WATER & PROCESS TECHNOLOGIES

A world leader in water and wastewater treatment and process systems, GE Water & Process Technologies, a unit of General Electric Company (NYSE:GE), offers the broadest portfolio of global expertise and local capabilities. We invest in forward-looking water and process technologies, leveraging the best practices of GE's ecomagination, to help customers balance environmental and economic goals. Our innovative team develops unique partnerships and delivers reliable, long-term solutions for communities, governments and industries that maximize water and energy resources. www.ge.com/water.

GE Water & Process Technologies
Ellen Mellody,+1 215-942-3307 Cell: +1 215-989-3025
ellen.mellody@ge.com
or Tony Kobilnyk, +1 905-465-3030 Ext. 3381 Cell: +1
905-330-6083 anthony.kobilnyk@ge.com
or Ideal Hydrotech Systems
Mr Moid Faruki or Mr Aamir Khan, +92 51 225 0979 Cell: +92
321 244 0786 or +92 332 448 4287 nsaeed@austin.rr.com

Technology: comScore releases Asia-Pacific search rankings for April 2008

Google and Yahoo! Sites Lead the Region in Search Volume while China's Leading Search Property Baidu.com Ranks Third

Singapore, (ANTARA News/PRNewswire-AsiaNet) - comScore, Inc. (Nasdaq: SCOR), a leader in measuring the digital world, today released its ranking of the top search properties in the Asia-Pacific region based on data from its comScore qSearch 2.0 service, revealing that Google Sites led the region with 39.1 percent of all searches conducted, followed by Yahoo! Sites (24 percent) and Baidu.com (16.7 percent). comScore will provide a more comprehensive overview of Internet usage in the Asia-Pacific region during a free, live webinar entitled, "The State of the Global Internet - with a Focus on Asia" on Wednesday, July 2 at 10:00 a.m. SGT (GMT +08:00) (details below).

"Because Google and Yahoo! have a strong presence in many Asia-Pacific countries, they account for the majority of searches conducted in the overall region," said Jack Flanagan, comScore executive vice president. "However, there are several strong, local country search engines that also play a significant role in the region. Most notably, the dominant search engine in China, Baidu.com, accounts for one out of every six searches in Asia-Pacific notwithstanding the fact that its users are primarily from China."

Five of the Top Ten Search Properties are Region-based Engines

Although Google Sites and Yahoo! Sites captured the majority of the search share in the region, five of the top ten search properties are local country entities, including China's Baidu.com (16.7 percent) and Korea's NHN Corporation (5.3 percent), which owns search engine Naver.com. Chinese properties Alibaba.com Corporation, Tencent Inc., and Sohu.com Inc., which host Internet-search functionality although they are not strictly search engines, rounded out the list of key local players.

China Accounted for the Most Searches among Asia-Pacific Countries

More than 82 million Chinese Internet users conducted 6.2 billion total searches in April, an average of 75 searches per searcher. Interestingly, Japan's 60 million Internet searchers conducted nearly the same number of searches (6.1 billion) as the 82 million Chinese searchers, a result of the heavier search volume per person in Japan (102.6 searches per searcher). Korea (104 searches per searcher) and Singapore (101 searches per searcher) also exhibited notably heavy search volume per person.

Free Webcast to Highlight Regional Internet Trends

comScore and the Asia Digital Marketing Association are hosting a free, English-language webinar entitled, "The State of the Global Internet - with a Focus on Asia" on Wednesday, July 2 at 10:00 a.m. SGT (GMT +08:00). To register for the online event, please visit: http://www.comscore.com/request asiawebcast.asp.

About comScore

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

SOURCE comScore, Inc.
CONTACT: Andrea Vollman of comScore, Inc.,
+1-312-775-6646,
press@comscore.com
Photo:
http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Web site: http://www.comscore.com

Technology: Spb Software collaborates with Toshiba

Spb Software collaborates with Toshiba to create the ultimate user experience

St. Petersburg - /PRNewswire-AsiaNet/ - Spb Software, the leading Windows Mobile applications vendor, is partnering with Toshiba Information Systems (UK) Ltd - Mobile Communications Division, to deliver the ultimate mobile device experience through the recently launched Toshiba Portege G810. The Portege G810 features the Spb Mobile Shell-based Toshiba Touch Interface, a customized version of Spb Full Screen Keyboard, the Spb Pocket Plus smart scrolling component, and other Windows Mobile customization enhancements.
The strong combination of a powerful platform and functional hardware, complemented by a set of usability tools from Spb, make Toshiba's Portege G810 a very fast and intuitive smartphone.

"We designed the Portege G810 as a stylish touch screen Windows Mobile phone, ideal for both mobile-working and socializing, as it combines a powerful operating system with an incredibly user-friendly interface," says Bertrand Issard, Head of Product Planning & Strategy, Toshiba Information Systems (UK) Ltd. "We turned to Spb Software, with their extensive Windows Mobile software and usability expertise, to support us in creating a highly intuitive user interface for our Portege G810," he concludes.

"Microsoft is committed to support a vibrant partner ecosystem and always delivers opportunities to create solutions that meet a wide range of Windows Mobile customers' needs," comments Fabio Falzea, acting as Mobile Communications Business Lead, Microsoft Central & Eastern Europe Area. "The Toshiba - Spb synergy is one good example of the rich benefits the Microsoft ecosystem secures to the market, where partners are able to complement each other's strengths and deliver new innovative and rich experiences on Windows Mobile platform."

The Toshiba Touch Interface has been localized into 13 languages, has been skillfully embedded into the operating system, and is incredibly stable. "Toshiba's Portege G810 has a very fast and responsive screen, with outstanding color quality," says Yaroslav Goncharov, Spb Software CTO. "The Spb Mobile Shell gestures and animation are especially striking, emphasizing the pure beauty of this finger-friendly mobile device."

About Spb Software House (http://www.spbsoftwarehouse.com)

Spb Software House designs software to enhance the experience of using Windows Mobile phones. It is an international company with presence in Hong Kong, Russia and Thailand. Spb offers a unique line of consumer products, and its partners include ASUSTeK, BenQ Siemens, E-TEN, Fly, Fujitsu Siemens Computers, Gigabyte, HTC, O2, Optimus, Palm, SingTel, Swisscom Mobile, Toshiba, T-Mobile, and VimpelCom.

About Toshiba (http://www.toshiba-europe.com/mobile)
Victoria Krasilshikova
Contact number: +7-812-335-6993
Contact email: pr@softspb.com
Source: Spb Software House

Technology: CDMA open market handset trials reach successful conclusion in Indonesia

Open CDMA handset initiative on track for commercial launch this year

Costa Mesa, Calif. (PRIME NEWSWIRE) - The CDMA Development Group (CDG) today announced the successful conclusion of Open Market Handset (OMH) proof of concept trials in cooperation with Bakrie Telecom and Mobile-8 Telecom in Indonesia. The OMH program is part of the CDG's overall Global Handset Requirements for CDMA (GHRC) initiative, which specifies a common set of requirements based on standards to procure CDMA2000(r) devices in an open-device and open-application environment. Open Market Handsets enable both operator-specific configuration information and subscriber-specific provisioning information to be moved from the CDMA handset's onboard memory into a next-generation Removable User Identity Module (R-UIM), or smartcard. By doing so, the handset becomes a generic device that can be sold on the "open market" and used in multiple operator networks.

"Indonesia is benefiting from 3G services available on very low-end CDMA2000 handsets," said Perry LaForge, executive director of the CDG. "The OMH initiative will further reduce handset costs by providing greater flexibility in delivering new open market devices and services that are independent of the network and the device. Commercial availability of these generic devices this year will further stimulate the tremendous growth of CDMA in Indonesia, and its supply chain advantages will be duplicated in other emerging markets around the world."

The three-day proof of concept trials used OMH-enabled R-UIM smartcards provided by Eastcompeace, Gemalto and Oberthur Card Systems on prototype handsets developed by Huawei and ZTE. The Open Market Handsets were provisioned for full-fledged 3G data capabilities across operators. Tested, proven features included SMS, MMS, BREW, WAP/browser, backward compatibility, voice (with authentication), CDMA2000 1X packet data (SIP with CHAP and PAP) and R-UIM-based carrier customization.

The goal of OMH trials is to prove that all subscriber, service and network provisioning data can be stored on new OMH-compliant R-UIM smartcards rather than existing on both the cards and the handsets. The successfully-tested solution allows OMH-enabled CDMA handsets to serve as open devices for any packet data application provisioned on the R-UIM card and on any CDMA network, since all user, network and service configuration data is stored on the removable cards. The OMH trials conducted in Indonesia verified and validated the OMH implementation for CDMA2000 handsets and for multiple data-enabled R-UIMs across two separate carrier networks, each requiring a specific network implementation.

The successful Indonesian OMH trials are a milestone for CDMA operators looking to increase their selection of devices and services while lowering distribution and inventory costs.
By using an OMH-capable R-UIM to provision all data services, multiple operators can support the same generic hardware and software design across handsets. OEMs benefit from lower development costs, greater economies of scale, enriched brand development and the ability to sell devices across many markets and regions. Consumers benefit by being able to transfer their identity and service configuration data to a new phone on the same network by simply moving the OMH-compliant R-UIM card from the old phone to the new phone.

The CDG's OMH initiative has already announced the success of similar trials by TATA Indicom and Reliance Communications in India and has received strong interest from CityCell in Bangladesh as well as Indonesian operators Indosat and Telkom Flexi. To support demand, many handset manufacturers are planning to introduce CDMA OMH devices in the near future. The CDG has posted to its Web site (www.cdg.org) an "OMH Enabler Package" for its members consisting of several reference documents to provide information on how to implement OMH.

All CDMA carriers, device and R-UIM card manufacturers are welcome to contact BV Raman, bvraman@cdg.org, to attend the next Open Market Handset special interest group (OMH SIG) meeting in Jakarta on July 15. The SIG is open to all CDG members. For more information on the OMH initiative, please visit www.cdg.org/cdg/teams/omh.asp.

About CDMA2000

CDMA2000 is the most widely deployed 3G technology, with 258 operators in 98 countries serving more than 438 million subscribers. Counting 2G cdmaOne(tm) subscribers, there are more than 451 million CDMA users worldwide. CDMA2000 has become the technology of choice for developed and emerging market operators and is deployable in the 450, 700, 800, 1700, 1900, AWS and 2100 MHz bands. More than 1,980 CDMA2000 devices from over 110 suppliers have been introduced to the market, including more than 515 Rel. 0 and 56 Rev. A devices on 137 CDMA2000 1xEV-DO systems. More information on CDMA2000 is available on the CDG Web site at www.cdg.org.

About CDG

The CDMA Development Group is a trade association formed to foster the worldwide development, implementation and use of CDMA2000 technologies. The more than 130 member companies of the CDG include many of the world's largest wireless carriers and equipment manufacturers. The primary activities of the CDG include development of CDMA2000 features and services, public relations, education and seminars, regulatory affairs and international support. Currently, there are more than 500 individuals working within various CDG subcommittees on CDMA2000-related matters. For more information about the CDG, contact the CDG News Bureau at +1-714-540-1030, or visit the CDG Web site at www.cdg.org.

The CDG logo is available at http://www.primenewswire.comnewsroom/prs/?pkgid=2911

Note to editors
cdmaOne is a registered trademark of the CDMA Development Group. CDMA2000 is a registered trademark of the Telecommunications Industry Association (TIA-USA). All other trademarks are the property of their respective owners.

-0-
CONTACT: CDG News Bureau
Ricca Silverio
+1 714-540-1030
rsilverio@bockpr.com

Medical Tourism Ass`n to host world`s largest congress in San Francisco

Dubai, (ANTARA News/PRNewswire-AsiaNet) - In an effort to create a complete integration of medical tourism into health insurance for both fully insured and self funded employees through a provision of a common platform for knowledge sharing and networking, San Francisco will throw open its doors to the leaders of international medical tourism at World Medical Tourism & Global Health Congress.

To be held from September 9th to 12th later this year, it will be the USA's first dedicated and globally the largest such congregation.

"Korea is the premier sponsor of World Medical Tourism Congress in San Francisco, as it leads the globalization of healthcare with reliable high quality of care and affordable price. Korea Healthcare is the alternative for Americans who are looking for medical care beyond borders," said Mr. Youheun Ahn, MD, President of Council for Korea Medicine Overseas Promotion.

With a panel of more than 60 industry leaders delivering key insights into the current status and emerging trends, the conference is aimed to provide a never before opportunity to practitioners, commentators, insurance providers and allied sectors, to come under a common umbrella for a mutually beneficial exchange of ideas with a view to successfully implement medical tourism as part of their health plans. Almost 1000 delegates, 40 Exhibitors, and 200 Senior Health Executives are expected to join this event from all parts of the world to endorse it as worlds biggest and the most significant medical tourism event.

The Congress will be sectioned into dedicated sessions taking the attendees through topics such as how to build an international patient department, marketing and legal workshops, how to integrate medical tourism into an insurance plan, how to market and be selected by international insurance companies, how to benchmark with other hospitals, increasing quality of care and foreign patient flows amongst others. The keynote speakers includes senior officials from organizations of reputation such as Chrysler, CIGNA, United Healthcare, American Medical Association, Cleveland Clinic, Harvard Medical, etc.

Medical Tourism Association will also formally launch many new programs which will set industry standards & quality indicators. The event will have several cross functional activities which include networking opportunities, workshops, meetings and cultural activities amongst other.

A detailed program of the Congress may be viewed at

http://www.medicaltourismcongress.com.
Press Contacts:
Dubai Representative
Dr. Prem Jagyasi
Chief Strategic Officer - Medical Tourism Association
Chartered Management & Medical Tourism Consultant
prem@jagyasi.com
Cell: +971-50-8402753
International Headquarters
10130 Northlake Blvd.
Suites 214-315, West Palm Beach, FL 33412, US
info@MedicalTravelAuthority.com
Tel: +1-561-791-2000

SOURCE: The Medical Tourism Association

Entertainment: Fashion Access 2008 -- Let`s Go Summer 2009

Hong Kong, (ANTARA News/PRNewswire-AsiaNet) - Buoyed on by the success of the previous Fashion Access (FA), the next event, scheduled 2 - 4 October 2008, will focus on the upcoming season under the slogan 'Let's Go Summer 2009'.

The earlier event, held at the end of March 2008, heralded the growing importance of the twice-a-year exhibition in determining trends across a wide range of lifestyle accessories for forthcoming seasons. It is a unique event that encompasses bags, footwear, travelware, leather goods and, of course, fashion accessories.

Fashion Access is now the 'must attend' event for exhibitors and buyers alike who have to stay in the fast lane of world fashion.

Fashion Access was attended by more than 14,000 buyers over the three day period last March. Exhibitors were impressed by the level of buyers who visited their stands. In particular, many were delighted to note a substantial increase of buyers from Japan: 1,200, and 20 per cent up over the previous year.

TRENDS, TRENDS, TRENDS

Trends have always been a driving force in the fashion and related businesses but today they matter more than ever before. Just keeping up with the pace is hard enough: staying ahead would be impossible without the help and guidance offered by the many areas around the exhibition devoted to trends forecasting.

Launched last March, the Eco-Luxury Zone highlights the appeal of a growing number of eco-conscious consumers for products that make them feel good and do not harm the planet or their ethical conscience. These include bags and accessories made of natural fibers, bio-degradable or recycled materials and unique handmade products and manufacturing processes that preserve ancestral crafts and provide work to under-privileged populations.

This eco-theme will be further highlighted in the programme of talks and seminars scheduled during the fair (Details to be announced). These events pass on insights and advice from some of the most successful people in the industry.

BRAZIL SEES OPPORTUNITIES AT FASHION ACCESS

Brazilian companies are gearing up to increase their presence at FA.

Heitor Klein, Executive Director of Abicalcados, the organisers of the Brazilian pavilion declared, on their previous experience, "The exhibitors in the Brazil pavilion met with buyers from Japan, Indonesia, Australia, the Philippines, Taiwan, Malaysia, Hungary, Greece, India, Singapore, France, and of course China. The Brazilian exhibitors were satisfied with the business they made: they received orders on site worth USD 206 thousand and estimate sales for the next 12 months at US$900 thousand."

To underscore this success the Brazilian pavilion will be twice the size of the one last March.

DIARY ENTRY

Fashion Access 'Let's Go Summer 2009' runs for three days, 2 - 4 October 2008, at the Hong Kong Convention & Exhibition Centre in Wanchai, the pulsating heart of Hong Kong's commercial and entertainment area.

SOURCE: APLF Limited
CONTACT: Ms Perrine Ardouin, Senior Event Manager,
perrine@cmpasia.com; media,
Ms Jean Lai, Senior Marketing Communications Executive,
jeanlai@cmpasia.com, or APLF Limited, +852-2827-6211, Fax: +852-2827-7831
Web site: http://www.aplf.com

Technology: Dexton includes actionable BI for free in ASE platform

Capelle Aan Den Ijssel, (ANTARA News/PRNewswire-AsiaNet) - Dexton, a Dutch software company with more than 20 years of experience in complex integration processes, today announces that they will include Actionable BI functionality for free in their Agile System Environment platform (ASE).

By doing so, Dexton wants to show the world that Actionable BI can be enabled right now. Like Gartner, Dexton believes that companies should step out the "reporting age" as soon as possible and get equipped to supply the business lines with information to support both strategic and day to day decisions within the business processes.

"Well known software giants cannot yet provide Actionable BI. As a result companies think they will have to wait for Actionable BI for at least a year.

However, we can already enable Actionable BI through our ASE platform. As we know that 'seeing is believing', we have decided to include the Actionable BI functionality for free in our ASE platform", says CEO Jos Halkus Dexton's Agile System Environment integrates BI and back office systems and enables Business Processes to become 'actionable'.

Dexton's ASE incorporates the main vendors like Business Objects, Cognos, IBM and Microsoft. By integrating these solutions into the daily business processes a perfect fit is created with the existing software components of these software giants. As a result these software components become an end-to-end solution that creates more added value.

CEO Jos Halkus, "During the Gartner summit in Chicago earlier this year it was made very clear that the world is waiting for Actionable BI. Including Actionable BI for free in our ASE platform is our way of helping companies realizing their business goals efficiently. In the end that is what a software solution should do."

Dexton has ready to market integrations with Cognos 8, Business Objects XI, SAP R3, Microsoft Dynamics NAV and several (back-) office applications.

About Dexton Corporation

For the past 20 years, Dexton has been internationally active and successful as a developer and supplier of relation management solutions.

Numerous international clients enhance their commercial business processes with Dexton's solutions. Dexton has offices in The Netherlands and UK.

SOURCE: Dexton B.V.

Environment: Entech Pollutec earns reputation as Asia`s top `Green` event

Bangkok, (ANTARA News/PRNewswire-AsiaNet) - Only a few years ago not many people paid much attention to an exhibition devoted exclusively to the environment. But how quickly things change. Now with oil at over $130 a barrel, food and transportation costs soaring and climate change ushering in floods, droughts and devastating cyclones, the environment is suddenly "Issue No. 1". And it's world-wide.

2008 marked Entech's eighteenth year and it was by far the best ever. The event was intelligently planned around three important areas: Environmental Technology (Entech Pollutec), Renewable Energy and the very important Pumps & Valves sector.

Over 150 environmental, renewable energy and control device (Pumps & Valve) companies from around the world were in attendance. Top German renewable energy concerns were featured at their bustling National Pavilion which earmarked special dates as "Renewable Energy Day" and "Energy Efficiency Day". The Austrian Pavilion used the event to highlight its growing ventures in Thailand and Ambassadors from both countries were in attendance. Just as impressive were technologies and products from individual companies from 15 countries such as Austria, Germany, Italy, United Kingdom (UK), United States of America (USA), China, Singapore, Israel, Sweden, Finland, Denmark, Spain, Japan, France and India. Visitor participation at the show also set a record.

The impressive 2008 Opening Ceremony on the morning of 4th June at the BITEC, Bangkok, was chaired by the Thai Minister of Energy, Lieutenant General Poonpirom Lippatapunlop. Her Excellency's address focused on the government's ambitious plans for renewable energy to replace fossil fuel sources in Thailand as soon as possible.

"We have established a concrete policy to generate renewable energy from available sources by 2011," the Minister said. "And we also have a 15-year plan to develop more sources to satisfy the overall energy demands of our country. Additionally we have a goal to establish Thailand as "The Green Energy Hub of South East Asia" and we want to be an exporter of green energy within that time," she added.

A series of marketing and technical seminars on the environment and renewable energy ran in conjunction with the show. Delivered by local and international experts, the seminars covered everything from solar and wind energy to biomass, biogas, hydropower and more. Entrepreneurs were informed about many good business opportunities and everyone in attendance was updated on new developments in these areas.

Since its beginning back in 1990 Entech has been organised under the expertise of CMP Media (Thailand) -- the country's fastest-growing event organizer. Now with another feather in their cap thanks to Entech, they are building further on success by scheduling the 2009 show for 20th-23rd May coinciding with the World Renewable Energy Congress 2009-Asia for which Bangkok was selected by an international panel. WREC2009-Asia will take place from the 19th-22nd of May. It will certainly be one of the major environmental events of the year and all who have an interest in a cleaner greener world will want to be there.

SOURCE CMP Media (Thailand) Co Ltd
CONTACT: Patcharawadee Sutthipool, +66-02-642 6911 ext 413,
or +66-081-817 7094, Patcharawadee@cmpthailand.com, or Pakaphan
Kongtanajittakul, +66-02-642 6911 ext 412, or +66-086-604-9594,
pakapha@cmpthailand.com

High-Tech: Sun Microsystems to leverage HI CORPORATION's MascotCapsule

Sun Microsystems to leverage HI CORPORATION's MascotCapsule(R) 3D rendering engine for mobile devices

Tokyo (BUSINESS WIRE) - HI CORPORATION (JASDAQ:3846)(ISIN:JP3160860007)(Headquarters: Meguro-ku, Tokyo; President and CEO: Kazuo Kawabata hereinafter "HI") today announced that Sun Microsystems, Inc. and HI are working together to deliver mobile solutions based on the MascotCapsule 3D rendering engine. Sun and HI plan to offer HI CORPORATION's MascotCapsule 3D engine to mobile customers along with Sun's Java Platform Micro Edition (Java ME) implementation.

Under terms of this agreement, HI will optimize its MascotCapsule series starting with V4(1) with API (2) supporting JSR184 (3),followed by JSR239 and JSR297 (3).

"3D content is increasingly needed to create compelling user experiences across mobile devices. We are pleased that HI's 3D technology will be optimized for Java ME mobile graphics APIs and that Sun and HI will be able to offer this solution jointly to our customers," said Eric Klein, vice president of Java marketing at Sun.

Kazuo Kawabata, HI's President and CEO, said, "As end users demand more visually engaging mobile applications, high performance graphics rendering will be essential. We believe that the combination of Sun's optimized Java Virtual Machine and HI's MascotCapsule 3D rendering engine provides an ideal platform for these new applications."

This agreement represents HI's commitment to expanding the sales of this solution and reaching the global market.

(1) - V4 A rendering engine that is fully compliant with international standard such as JSR184 and OpenGL? ES with hardware rendering support. See http://www.hicorp.co.jp/productindex.html#v4 for details.

(2) APPI Abbreviation for Application Programming Interface, an inlet for applications for using functions provided by OS and programming languages and commonly used by many pieces of software such as file control, window control, image processing, and character control. In many cases, it is provided as a set of functions.

(3) - JSR 184, 239, 297 JSR184: - The Mobile 3D Graphics API, commonly referred to as M3G, is a specification defining an API for writing Java programs that produce 3D computer graphics. M3G was developed under the Java Community Process.

JSR239: JavaTM Binding for the OpenGL ES API. A native 3D graphics library for using OpenGL ES from Java application.

JSR297: Mobile 3D Graphics API 2.0, the new version of M3G (JSR184), exposes the latest graphics hardware features on high-end devices, while improving performance and memory usage on the low end.

MascotCapsule is a registered trademark of HI CORPORATION in Japan.

Other company names and product names are trademarks or registered trademarks of respective companies.

[About HI CORPORATION] For more information, please visit our web site (http://www.hicorp.co.jp/english/index.html).

HI CORPORATION Mitsutaka Monma/Pam Hung, +81-3-3710-9376
Public Relations Marketing Dept. press@hicorp.co.jp Fax:
+81-3-5773-8660

Technology: UK sees the emergence of its 6th mobile operator

London, (ANTARA News/PRNewswire-AsiaNet) - Mapesbury Communications Ltd a UK GSM licence holder, today announces an agreement with Spectrum Interactive (UK) Ltd for the rights to broadcast its UK01 GSM service from hundreds of payphone kiosks; these sites will accelerate the rollout of its new mobile phone service branded as UK01.

UK01 aims to establish itself as a major mobile operator in the UK catering for specific targeted markets offering an alternative to other traditional Mobile Network Operators.

The CEO of Mapesbury Communications Ltd, Magnus Kelly says "this agreement is an important milestone as it accelerates our ability to launch the UK's 6th mobile phone network."

For further information about UK01, visit http:/www.uk01.com

About Mapesbury Communications

Mapesbury Communications Ltd is a privately owned company founded in October 2002 to focus on connectivity solutions within the UK wireless and IP markets, the launch of the company coinciding with the time that the UK regulatory authorities began the process of liberalising the UK spectrum regime.

All trademarks mentioned in this release are the property of their respective owners.

Mapesbury Communications Limited:
Magnus Kelly,
Tel:+44-207-189-3900,
Email: info@mapesbury.com ,
8 Station Road, Watford, Hertfordshire WD17 1EG, UK.
SOURCE: Mapesbury Communications

High-Tech: WOW Technology launches world's first ergonomic vertical mouse

WOW Technology launches world's first ergonomic vertical mouse 'WOW-PEN Joy' winner of red dot design award 2008

MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgieid=5713515

Seoul, South Korea (BUSINESS WIRE) - WOW Technology, Inc., a global manufacturer of ergonomic computer input devices, announced today that they have launched a global distribution of their recently developed product named WOW-PEN Joy', an innovative ergonomic mouse device that can significantly reduce the pressure on the wrist during long hours of computer usage.

In 2007, WOW Technology won the recognition of TCO Development in Sweden for their previous invention, WOW-PEN Traveler, for its superb design, performance, and quality. In addition to WOW Technology's reputation, the new product WOW-PEN Joy' has won the computer accessories category of red dot design award 2008', which is one of the three major awards in industrial design industry. Also, it was nominated for RetailVision Award by Gartner event in two consecutive years from 2007 to 2008.

WOW-PEN Joy is developed based on the innovative technology developed by WOW Technology for the first time in the world. It significantly reduces soreness of wrist during long hours of mouse usage such as computer design and CAD, reducing the effects of Carpal Tunnel Syndrome.

Also, WOW-PEN Joy has been evolved from WOW-PEN Eco Traveler, which was chosen by Microsoft as Top 5 innovative product' during CES international 2006 in Las Vegas, with higher performance, enhanced design, and affordable price.

Compared to other ordinary mice, WOW-PEN Joy is the first to use a vertical trajectory and horizontal structure to achieve its innovative ergonomic design, which allows the users to have the natural feeling of grabbing a Joystick. As a result, graphic/CAD designers, gamers, office users for web surfing and creating documents can have the maximum amount of comfort on their wrists during long hours of mouse usage and prevent the Carpal Tunnel Syndrome.

WOW-PEN Joy is based on USB, has product dimension of 72(W) x 102(D) x 85mm(H), and weighs 130g. It provides full function with 5 default buttons, resolution of 800 dpi, and operates on all OS including Windows 98/Me/2000, XP, Vista, Mac OS X+, and Linux.

WOW Technology has already launched WOW-PEN Joy in the Korea domestic market in June, and also plans to distribute globally by the end of July. WOW-PEN Joy will be sold through electronic retailers in the U.S. for $30 and Europe for $45, which is 40% less expensive than the previous model, WOW-PEN Eco.

WOW-PEN Eco/Traveler was previously chosen by Microsoft as one of Top 5 Innovative products' during CES International 2006, introduced by Washington Post, and broadcasted by NBC during Digital Edge'.

Brian H Joe, CEO of WOW Technology, said, "Beginning with our new product, we will be launching other variety of products such as wireless type, children's mouse, and left-handed mouse.
We are also planning to work with major PC manufacturers such as HP, Dell, and Samsung Electronics for ODM (Original Design Manufacturing) distribution agreement in order to introduce our product and technology to the consumers."

About WOW Technology, Inc.

WOW Technology, Inc. is a global manufacturer of ergonomic mouse named WOW-PEN'.

In 2002, WOW Technology introduced Digital Pen' with data storage ability, earning recognition from consumers and media around the world. WOW Technology currently holds more than 10 Korean domestic and internationalpatents and has patents pending for its optical pen mouse in 24 countries including the U.S., Britain, and Sweden. WOW Technology's latest invention, WOW-PEN Traveler, was recognized by TCO Development of Sweden and now is exhibited as prime example of ergonomic design in TCO Development. WOW Technology was also selected as one of 100 Promising Companies in Asia by IT magazine RED Herring' for two consecutive years in 2006.

For more information, please visit www.wow-pen.com.
WOW Technology, Inc.Brian H. Joe, 82-10-8942-6461
Brian727@wow-pen.com or Pyung Gu Lee, +82-31-735-1380
lpg6910400@wow-pen.com

Business: Prestigious Hong Kong showcase for the world`s jewellery

Hong Kong, (ANTARA News/PRNewswire-AsiaNet) - Asia's biggest international mid-year jewellery fair, the June Hong Kong Jewellery & Watch Fair, opens today with a record of 1,290 exhibitors from 33 countries and regions.

The four-day event, now celebrating its 21st edition, continues through 22 June at the Hong Kong Convention and Exhibition Centre (HKCEC). This year's fair has expanded to more than 40,000 square metres with more than 2,300 booths, and continues to provide international jewellery buyers with a wider range of choices in a single venue.

"The purchasing power of Asian buyers is getting stronger in recent years owing to the economic growth in some Asian countries such as China and India. This facilitates the healthy growth of the June Fair, placing it among the world's top 10 international jewellery fairs. First-time exhibitors this year include companies from France, Mexico and Sri Lanka.

"To cope with the overwhelming demand from exhibitors, this year's show is expanding to incorporate the Grand Hall of HKCEC, which will provide over 250 booths," Ms Celine Lau, Director of Jewellery Fairs, CMP Asia Ltd, stated.

"CMP Asia is an experienced organiser of exhibitions with a proven track record of numerous successes. Clear market positioning and professional management is our consistent winning formula. June is the perfect timing for mid-year stock replenishing and the duty-free trade policy in Hong Kong has nurtured the healthy growth of the June Fair into the largest mid-year jewellery sourcing platform in Asia," Ms Lau added.

Global event with multiple attractions

Hong Kong has long been recognised as one of the most important sourcing capitals for the jewellery trade and it is the world's fourth largest exporter of precious jewellery. In 2007, the city's total exports of jewellery grew by 16.7 per cent to over US$4.3 billion. The June Fair in particular attracts tens of thousands of jewellers to visit every year by offering a one-stop sourcing and informative business platform for international jewellery.

Key features include:

Seminars -- monitoring the pulse of the market trends Three seminars presented by industry specialists Gemological Institute of America (GIA) and the Gemmological Association of Hong Kong (GAHK) will give food for thought on the latest market intelligence.

Dates - Topic(s)
20 Jun - "Jewellery domestic sale policy for Guangzhou, China" organised by Bureau of Foreign Trade and Economic Cooperation of Guangzhou Municipality 21 Jun

"Microworld of Jade" organised by GIA

21 Jun - "Jewellery Appraisal in the Antique Market -- a Brief Evaluation Criteria of Antique Jewellery" and "Ruby & Sapphire -- Buying Tips" organised by GAHK Pearl Auctions -- rendezvous for quality pearls The Fair is held in conjunction with two well-known pearl auctions: the Paspaley Pearl and Robert Wan Tahiti Perles auctions.

Dates
Pearl Auctions 16 - 18 Jun
39th Paspaley Pearl Auction*
19 - 20 Jun
40th Robert Wan Tahiti Perles Auction* *

Remarks: By invitation only Specialty pavilions -- a place for everything With numerous choices, this great international event showcases everything in a clearly classified manner. Present again are the themed pavilions and group pavilions to assist visitors in their sourcing with clear classification.

Special highlights include: Diamond Pavilion -- This year, the Diamond Pavilion has moved to the Grand Hall, accommodating over 120 diamond companies with over 250 booths, showcasing wondrous collections of sparkling diamonds and diamond jewellery under one roof.

Jadeite Gallery -- With a hard-earned reputation for style and craftsmanship in jadeite products, Hong Kong has long been recognised as a major centre for the production of jade jewellery. The Jadeite Gallery will once again showcase an array of exquisite jadeite products of excellent quality in Hall 3.

Other themed pavilions include: fine jewellery; pearls; gemstones; silver jewellery; and packaging and technology.

For the first time, exhibitors from Singapore have put together a group pavilion. Other group pavilions include: Antwerp, Mainland China, Italy, Japan, Korea, Taiwan, Thailand and United States, highlighting the importance of the Fair to the international jewellery industry.

Lucky Draw -- winning free hotel stay Visitors to the Fair will have a chance of winning free hotel accommodation for 5 nights during the September Hong Kong Jewellery & Watch Fair, one of the world's top three jewellery fairs, to be held from 15 to 21 September 2008.

Two Fairs -- Double sourcing experience

The June Hong Kong Jewellery & Watch Fair is held concurrently with Asia's Fashion Jewellery & Accessories Fair -- June (AFJ). AFJ is the only international trade event dedicated to the fashion jewellery and accessories industry in Asia, and will be held at AsiaWorld-Expo (AWE). Buyers attending the June Fair can enjoy free access to AFJ, giving them the opportunity to attend two prestigious fairs in one visit.

Opening Dates & Hours Dates

Opening Hours
19-21 June 2008
10:30am - 6:30pm
22 June 2008
10:30am - 5:30pm

Sponsors -- The Gemmological Association of Hong Kong -- Gemological Institute of America (Hong Kong) -- Hong Kong Gold & Silver Ornament Workers & Merchants General Union -- The Kowloon Pearls, Precious Stones, Jade, Gold and Silver Ornament Merchants Association

SOURCE: CMP Asia Ltd
CONTACT: Fair details: Sales Department of CMP Asia Ltd,
+(852)-2516-1677 or +(852)-2585-6179, Fax: +(852)-2511-6211 or
+(852)-2802-9934, salesjwf@cmpasia.com;
media enquiries: Marketing Communications Department of CMP Asia Ltd,
+(852)-2516-1649, Fax: +(852)-2511-6113,
pressjwf@cmpasia.com
Web site: http://JewelleryNetAsia.com