Wednesday, June 25, 2008

Business: TURBO charged event set to give petrol heads a buzz in Abu Dhabi

Abu Dhabi (ANTARA News/PRNewswire-AsiaNet) - The internationally acclaimed CMPi, is set to captivate car and bike enthusiasts from around the world with their recently announced festival; 'TURBO: For A Custom Nation'.'

(Photo: http://www.newscom.com/cgi-bin/prnh/20080625/NYW055-a )
(Photo: http://www.newscom.com/cgi-bin/prnh/20080625/NYW055-b )

For avid motor enthusiasts looking to experience the very latest in car tuning and driving techniques, this three day event, taking place in Abu Dhabi, United Arab Emirates, between 13-15 November 2008, offers fans a first-time glimpse of the very latest innovations coming out of the world's most renowned body shops and from the world's most talented tuning specialists.

TURBO will showcase custom cars and bikes shipped in from across the globe, along with the leading automotive brands from Japan, the US, and Europe.

The event will see static displays brought to life through workshops offering technical advice, together with dramatic demonstrations staged in the venue's arena. Add to this; displays of high speed drifting, and the best from the world of drag racing and you have one incredible show!
Check out the latest in custom car and motorbike trends from around the world and witness everything from modified American muscle cars and luxury restyled European supercars to the fastest cars in the Far East and atypical pimped motors -- Arabic style!

Visitors will even be able to compete against each other by showing off their cars torque on the shows Dynamometer, winning prizes for the greatest horsepower. ICE aficionados can impress with their in-car entertainment systems, and prizes will be awarded for the meatiest bass, highest sound quality and best installation.

Steering the festival is none other than Dan Anslow, a true motor fanatic whose previous experience includes working for the world-famous Max Power, where he ran operations on the 70,000 visitor-strong live events.

'TURBO: For A Custom Nation' is an un-missable event for professionals, consumers, and enthusiasts alike, whether you are looking for the latest equipment to enhance your ride or just want to experience an action-packed day out TURBO has it all.
For more information please see www.custom-nation.com

Notes to the editor

TURBO: For A Custom Nation will run from 13-15 November, and is open to the general public.

TURBO: For A Custom Nation is organised by CMPi UAE, who are one of the four founding partners of the Abu Dhabi National Exhibition Company.

TURBO: For A Custom Nation will cover a range of areas, providing both trade visitors and consumers everything they need to modify either their or their clients' vehicles, including;
-- Tuning and Performance (air intakes, exhausts, turbochargers; all aftermarket engine parts)
-- Restyling and Accessories (body kits, carbon fibre bonnets and spoilers, graphics, aftermarket front and rear lights, tints, paints, suspension, dress-up parts for exterior, interior and the engine-bay)
-- Car Care and Accessories (shampoos and polishes, oils and lubes etc)
-- Mobile Electronics and Technology (I.C.E. - In Car Entertainment, stereos, TV screens, DVD players, radar detectors, alarms etc)
-- Aftermarket Wheels and Tyres (chrome wheels, racing wheels, SUV wheels, and all types of tyres)
-- Tools and Maintenance (all the equipment related to the servicing, modifying and maintenance of vehicles)
-- Lifestyle Products (clothes, trainers, sunglasses, mobile phones, technology and fashion)
-- Business Services (such as specialist car and bike insurance companies and brokers) Further information on CMPi can be found at www.cmpi.biz

SOURCE: CMPi
CONTACT: Media, Aimee Murthy of Momentum, +971 4 390 1630,
aimee@momentum.cc, for CMPi, For images and photographs, Kent
Daniels, Marketing Director, +971 50 207 1959,
kdaniels@cmpi.biz/ /
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080625NYW 055-a
http://www.newscom.com/cgi-bin/prnh/20080625/NYW 055-b
PRN Photo Desk, photodesk@prnewswire.com
Web site: http://www.cmpi.biz
http://www.custom-nation.com

Legal: Sidley Austin LLP elevates lawyer to partnership in Beijing

Law Firm announces new partner in Beijing Office's life sciences and corporate practices

Beijing (BUSINESS WIRE) - Chen Yang in the Beijing office of Sidley Austin LLP is among the 34 lawyers elevated to partnership in the firm. Effective July 1, the firm will have 681 partners in offices in the United States, Europe, Asia and Australia. Chen Yang will be a new partner in the Life Sciences and Corporate practices.

"Welcoming this new group of talented lawyers to our partnership is a great privilege," said Thomas A. Cole, chair of the firm's Executive Committee. "These lawyers embody our firm ideals and our commitment to excellence, integrity, diversity and collegiality."

"Chen has been an integral member of the Sidley team in Beijing, contributing much to the firm as a counsel and earning the respect of clients and colleagues," added Henry Ding, head of Sidley's Beijing office. "We are pleased to congratulate her on this accomplishment."

Chen Yang, 39, heads the firm's China Life Sciences group and focuses her practice on regulatory, corporate and commercial law, including intellectual property and antitrust aspects of life sciences matters. Over the last ten years, she has been advising international companies on their investment projects and acquisition efforts in various Chinese industries, as well as providing them with regulatory advice in areas such as life sciences, intellectual property, employment, tax and real property.

Ms. Yang, currently a counsel, received her LL.B degree from Peking University with the honor of "Best Graduate of the Year," and an LL.M from the University of Georgia. She is a native Chinese speaker and is fluent in English.

Sidley also named the following to partnership in its other offices: Brussels - Ken Daly and Kristina Nordlander; Chicago - Bobbi O. Anderson, Mark Borrelli, Kara L. McCall, Robert P. O'Keefe, Patricia M. Petrowski, John T. Schaff, Elizabeth M. Schubert, Amanda M. Todd, Dennis M. Twomey, Scott R. Williams and Ami N. Wynne; Frankfurt - Werner Geielmeier; Geneva - Nicolas J.S. Lockhart; Hong Kong - Jason T. Kuo and Scott Dennis Peterman; London - David Howe; Los Angeles - Joshua E. Anderson, Stephen D. Blevit, Alycia A. Degen and Mitchell Poole; New York - Jonathan P. Brose, Nicholas H. De Baun, Bindu Donovan, Stuart S. Koonce, Todd L. Krause, Michael Madigan and Xiaowen Qiu; San Francisco - Theodore W. Chandler; Sydney - Bruce Dailey; Washington, D.C. - Karl F. Kaufmann and Robert D. Keeling.

Established in 1996, Sidley's Beijing office is a key component of the firm's long-established Greater China presence. Sidley offers a wide range of services to clients involved in most aspects of China-related business and represents clients in a comprehensive range of transactional and regulatory matters in China. Clients include global, U.S. and European companies, financial institutions, funds and life sciences companies establishing business operations in China, as well as many Chinese companies establishing operations and dealing with regulatory schemes in the EU, the U.S. and elsewhere.

Sidley Austin LLP is one of the world's largest full-service law firms, with more than 1800 lawyers practicing in 16 U.S.
and international cities, including Beijing, Brussels, Frankfurt, Geneva, Hong Kong, London, Shanghai, Singapore, Sydney and Tokyo. Every year since 2003, Sidley has been named to Legal Business' Global Elite, their designation for "the 15 finest law firms in the world." BTI, a Boston-based consulting and research firm, has named Sidley to their Client Service Hall of Fame as one of only two law firms to rank in the Client Service Top 10 for seven years in a row.

For purposes of the New York State Bar rules, this press release may be considered Attorney Advertising and the headquarters of the firm are Sidley Austin LLP 787 Seventh Avenue, New York, NY 10019, 212.839.5300 and Sidley Austin LLP One South Dearborn, Chicago, IL 60603, 312.853.7000. Prior results described herein do not guarantee a similar outcome.

Sidley Austin LLP Lisa Kong, +852.2509.7899 Marketing Directorlkong@sidley.com
or Rubenstein Associates Peter Pochna, +1 212-843-8007
ppochna@rubenstein.com

Technology: Managed, Hosted services on the rise as Telcos make a play

Singapore (BUSINESS WIRE) - With global service providers (SPs) such as BT and Verizon having significantly ramped-up investments in Asia-Pacific, and regional telcos like Tata, Reliance Communications and SingTel continuously diversifying their offerings, managed and hosted services is poised to constitute a sizeable percentage of operators' portfolio in the next few years.

New analysis from Frost & Sullivan (http://www.communicationservices.frost.com), Strategic Analysis of Managed and Hosted Services Market Opportunities in Asia Pacific, finds that the market - covering 13 Asia-Pacific countries ex-Japan - was worth some US$6.47 billion in 2007, and estimates this to grow at a CAGR (compound annual growth rate) of 16.6 per cent (2007-2010) to reach a market size of US$10.25 billion by end-2010.

The most commonly contracted outsourced services are managed and hosted infrastructure/network (WAN, data centre, web hosting), managed/hosted applications (software applications), managed/hosted communications, and managed/hosted security.

The increasing maturity in such services has improved cost visibility and granularity, making managed and hosted offerings a more compelling proposition to both large enterprises and SMBs (small and medium businesses). As the market reaches a new dimension of increased price pressures and decreased service differentiation, further compounded by the relatively weaker
credit outlook, the need to demonstrate cost optimization and adopt a business value-driven sales approach becomes necessary.

If you are interested in more information on the Asia-Pacific managed and hosted services market study, then send an e-mail to Sarah Lourdes at sarah.lourdes@frost.com, with your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.

"Asia-Pac continues to grow both as a global demand and supply centre. In tandem, the emergence of Asian MNCs from India, China and South Korea continues to shape the demand for enhanced connectivity and related services," says Frost & Sullivan industry manager Jay Tan.

"Driven by this rapid development and the corresponding need for more sophisticated ICT infrastructure, yet growing pressure to do more with limited IT budget, companies are increasingly looking at outsourcing the non-core functions to support their critical business processes," he adds.

Other factors driving the adoption of managed/hosted offerings include the growing convergence of IT and regulatory compliance pressures, as well as the emergence of SaaS (Software as a Service) and utility computing.

Managed and hosted services allow companies to benefit from faster business rollout, computing overflow provisioning, efficiency in IT operations, specialized skill sets, and real-time management of mission-critical ICT infrastructure and services; some of which are either not available or too costly to maintain in-house.

To-date, MNCs and large enterprises especially those in developed markets have led in the outsourcing of specific IT services or even management of the entire IT infrastructure, while small and medium companies have been slow to utilize these services on a major scale.

Some of the more mature markets in terms of technology adoption and managed services uptake are Australia, New Zealand, South Korea, Singapore, Hong Kong, and increasingly, India. Elsewhere in the region, managed and hosted services have yet to take off in a big way, although countries such as Malaysia, Indonesia and Thailand offer good growth potential due to government-driven initiatives.

While the concept of outsourcing is not new to most businesses, more than 60 per cent of companies in the region are still predominantly managing their IT operations in an insourcing model. This is especially true of companies in developing and more conservative markets such as China, Indonesia and the Philippines.

According to Tan, the innate fear of losing control over IT operations and compromising confidential business information has been the major factor inhibiting wider adoption of managed hosted services. "This, together with the bad publicity of some outsourcing arrangements and the lack of strong customer references in some markets are some of the issues that managed SPs will need to address to drive uptake," he says.

As the market matures, growing competition and pricing pressures from system integrators/IT services companies and pure-play managed service providers can be expected. Hence, the need to innovate and go beyond the provision of low-cost infrastructure to deliver increased business value will be important differentiators for SPs.

Tan believes that large enterprises would increasingly embrace out-tasking and multi-sourcing more than complete outsourcing, while SMBs would prefer a hosted model.

The Strategic Analysis of Managed and Hosted Services Market Opportunities in Asia Pacific study is part of the Communication Services Growth Partnership Service program, which also includes research in the following markets: WAN services, enterprise mobility, IPTV, user generated content (UGC), social networking, online and mobile content, telecom services, and network transformation case studies. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
Analyst interviews are available to the press.

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.

Frost & Sullivan Corporate Communications - Asia Pacific Sarah Lourdes, +603.6207.1030 sarah.lourdes@frost.com

Business: Optimizing networks and remote access amid Asia's bullish economy

Optimizing networks and remote access amid Asia's bullish economy and bandwidth dearth WAN optimization market to grow strongly at a CAGR of 22.5 per cent

Singapore (BUSINESS WIRE) - Multinationals continue to invest heavily in Asia-Pacific leading to a growing number of remote offices, mobile workforce, and highly empowered regional operations that demand the same level of connectivity and speed as their head office counterparts.
Similarly, Asian businesses have grown in scale to compete on the world stage.

This business landscape raises the challenge for CIOs and IT managers to ensure LAN-like application access and performance over WAN (wide area networks). More organisations today are beginning to realise the cost advantages of deploying WAN optimization tools to address issues such as limited bandwidth and inefficiencies in application performance.

New analysis from Frost & Sullivan (http://www.networksecurity.frost.com), Asia Pacific WAN Optimization Controller Market, finds that the market - covering 14 Asia-Pacific countries - earned revenues of US$204 million in 2007 and estimates this to reach US$844.7 million by end-2014, at a CAGR (compound annual growth rate) of 22.5 per cent (2007-2014).

If you are interested in a virtual brochure, which provides service providers, vendors/manufacturers, end users, and other industry participants with an overview of the Asia-Pacific WAN optimization controller market, then send an e-mail to Sarah Lourdes at sarah.lourdes@frost.com, with your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.

"WAN optimization appliances address the three major problems associated with remote application performance ? high latency, 'chatty' protocols and low bandwidth availability.
Solving these critical issues increases end-user application experience, resulting in higher employee productivity and retention," says Frost & Sullivan industry manager Arun Chandrasekaran.

Increasing enterprise mobility also poses significant challenges for organisations in terms of security and application access, especially in most ASEAN countries and emerging markets such as India where network congestion is not uncommon and high(er) bandwidth comes at a high cost.

Chandrasekaran says that WAN optimization offers substantial savings on operational expenditure by optimizing bandwidth usage and speeding-up application access. "With rising budgetary pressures, more organisations are realising the advantage of deploying these appliances over adding more bandwidth.

"While such issues with bandwidth shortage and cost are gradually being resolved, adding bandwidth in itself will not solve the problem entirely since it still does not address the inefficiencies that exist in application transmission," he adds.

WAN optimization solutions are also key components of disaster recovery strategy. According to Chandrasekaran, the ability of these appliances to accelerate data centre-to-data centre replication, backups and recovery means that the disaster recovery backup sites are constantly receiving instantaneous sets of data with minimal lag from the primary site.

Despite these upsides, awareness of this technology and its capabilities remain low. The apparent lack of case studies measuring ROI (return on investments) has also been minimal, given the relative early stage of the market.

Deployments have so far leaned towards more advanced markets, with Australia and Japan alone accounting for nearly half of the total Asia-Pac revenues in 2007. By industry, the BFSI (banking, financial services and insurance), service provider and manufacturing sectors were the biggest adopters of WAN optimization.

The Asia Pacific WAN Optimization Controller Market study is part of the Network Security Growth Partnership Service program, which also includes research in the following markets: network access control, managed security services, data security, content security, and network security quarterly trackers and annual study. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Analyst interviews are available to the press.

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 Frost & Sullivan Sarah Lourdes, +603-6207-1030 Corporate Communications - Asia Pacificsarah.lourdes@frost.com

Travel: Air China announces direct flights to Taiwan

Beijing, (ANTARA News/Xinhua-PRNewswire-AsiaNet) - Air China (HKEX: 0735; LSE: AIRC; SSE: 60111) today announced that from July 4th, 2008 it will be commencing regular direct flights from Beijing to Taipei and Kaohsiung, Taiwan. The first flight, on an Airbus A330, will depart from Beijing Capital International Airport at 8:30am Beijing time and arrive at Taiwan Taoyuan International Airport at 1:00 pm.

This will be the first time in over 60 years that there have been regular direct flights between Mainland China and Taiwan. Since 2006, Air China has operated special charter flights between Beijing and Taiwan during the four traditional Chinese holidays -- Spring Festival, Mid-Autumn Day, Tomb Sweeping Day, and Dragon Boat Festival.

The new flights will help all travelers from both sides of the Straits to travel more freely between the Mainland and Taiwan. This will open up business, cultural and travel opportunities between the cities. The flights will also offer travelers from Taiwan a convenient gateway to connect with flights from Beijing to other cities and countries throughout the world.

For more information, visit Air China's website http://www.airchina.com.cn/ or call Air China Sales Service Hotline at 4008-100-999.

For further information, please contact:
Chris French
Email: chris.french@ogilvy.com

Energy: GE unit to help restore health of China's 3rd largest lake

Advanced Wastewater Treatment System to achieve strict discharge standards and protect water quality in Taihu Lake

Trevose, Pa. (BUSINESS WIRE) - One of China's fastest growing industrial cities has selected GE's advanced wastewater treatment technologies to help restore water quality in Taihu Lake, the main water source for more than 30 million people in the region. The new Meicun Wastewater Treatment Plant, to be built in Wuxi, will be China's first large-scale application of GE's membrane bioreactor (MBR) technology and will demonstrate how the $10 million U.S. advanced treatment system can protect the nation's water resources while promoting a strong economy.

Taihu Lake, China's third largest, suffers from the excessive accumulation of nutrients, a condition that affects about two thirds of the nation's 50 largest lakes, and many of its smaller water bodies. The condition continues to broaden as the population and industrial base grows and wastewater discharge to lakes and rivers increases. Taihu Lake is the nation's first water body to come under powerful new regulations designed to remedy declining water quality.

The Meicun Wastewater Treatment Plant will play a key role in a province-wide effort to reduce the amount of chemical and organic wastes discharged to Taihu Lake. The first phase of the plant, capable of treating up to 30,000 cubic meters (7.9 million gallons) of water per day, will be rapidly completed and is scheduled to be operational by the end of 2008. The modular system will be expanded in stages to a treatment capacity of 100,000 cubic meters (26.4 million gallons) of water per day, making it one of the largest MBR treatment facilities in the world.

"GE's advanced membrane system will ensure that this plant will consistently meet the strict new wastewater treatment standards established by the government and will help protect the water quality in Taihu Lake, an important source for millions of people," said Xue Yuanshui, General Manager of Wuxi Gaoxin Water Co., Ltd. "We are very proud to be among the first in China to show the important role that membrane technology will play in the responsible and sustainable management of our water resources."

"GE's success in Wuxi further demonstrates the capabilities of our broad portfolio to help China overcome its water and wastewater treatment challenges," said Weifang Zhou, President of Greater China, GE Water & Process Technologies. "We will continue to invest in our nation-wide project delivery and support networks to fully support China's industries and municipalities in balancing their economic and social goals with environmental objectives."

GE's ecomagination-certified MBR system combines selected microorganisms and ZeeWeed ultrafiltration membranes to breakdown organic nutrients and filter solids from wastewater.
The systems produce high quality effluent that can be safely discharged to Taihu Lake or reused for industrial applications, irrigation, or aquifer recharge. This proven technology has been used throughout the world for nearly two decades to meet or exceed stringent discharge standards and to transform wastewater into a valuable and sustainable new water source that can help mitigate water scarcity.

ABOUT GE WATER & PROCESS TECHNOLOGIES

A world leader in membrane and filtration, diagnostic tools, specialty chemicals, mobile water, service, and financing, GE Water and 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 industry that maximize water and energy resources. www.ge.com/water.

General Electric, China
Geoff Li, +86 21 6288 1088 geoff.li@geahk.ge.com
or GE Water & Process Technologies
Ellen Mellody, +1 215-942-3307 Cell: +1 215-989-3025 ellen.mellody@ge.com
or Global Trade Media Relations Manager
Tony Kobilnyk, 905-465-3030 Ext. 3381 Cell: 905-330-6083 anthony.kobilnyk@ge.com

Business: Convergys Corporate Executive makes personal visits to agents in the Philippines

Manila, Philippines (BUSINESS WIRE) - One of the highest-ranking officials at Convergys recently met personally with customer service agents in Convergys' Metro Manila facilities. Much to the surprise and pleasure of the agents, Andrea Ayers, the company's new president of Customer Management, came from Cincinnati to meet personally with hundreds of agents to announce the company's large expansion in the country and learn more about employees in each site.

Ayers is currently conducting a global tour of operations and an integral part of her visits to Convergys facilities around the world is to engage in candid conversations with agents. This helps the company open doors for communication at all levels and encourage productive work relationships. Her trip to the Philippines included tours of six Convergys facilities and subsequent "coffee break" sessions with agents and team leaders.

During each session, agents introduced themselves and shared a bit about their families and tenure with the company. The conversation in each meeting focused on issues that impact the employees' work lives and strategic plans for the organization.

"I'm delighted to have this opportunity to meet personally with our employees and seek their own individual ideas on how we can make our organization even better," stated Ayers. "We are in a people business at Convergys, and our people are truly the key to our success. Our employees in the Philippines continue to impress me with their commitment to our clients and their customers, and I am honored that they took time from their days to spend a few minutes talking to me."

While in the Philippines, Ayers announced expansion in the Philippines that will equate to five new integrated contact centers and up to 7,000 new employees.

Convergys Corporation is hiring for many different positions in the Philippines. Please submit resumes to philippinesrecruitment@convergys.com

Convergys' six state-of-the-art customer care facilities in metro Manila, two in Cebu City and one in Bacolod City currently employ more than 14,000 men and women who provide customer support via telephone, web-chat, and email for a diverse portfolio of Convergys clients and their customers worldwide.

Editors: Photos of the visits are available on request.

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

For Convergys in the Philippines
Jingjing Romero, +63 2 929 9618
or Convergys Corporation
John Pratt, Call or Text +1 513 919 1111

Business: Covance, WuXi to form JV to provide preclinical services in China

Princeton, N.J. and Shanghai (ANTARA News/PRNewswire-AsiaNet) - WuXi PharmaTech (NYSE: WX) and Covance Inc. (NYSE: CVD) today announced that the two companies have entered into a Memorandum of Understanding to create a 50-50 joint venture which will provide world-class preclinical contract research services in China. Operations of the proposed joint venture will be located in a 323,450 square-foot, purpose-built facility in Suzhou, China, which is currently being constructed by WuXi. This state-of-the-art facility, expected to be completed in 2009 and designed to meet the United States Food and Drug Administration and worldwide regulatory standards, will provide GLP toxicology, drug metabolism and bioanalytical chemistry services. In addition to the facility, which will be provided by WuXi, Covance anticipates to make an initial investment of approximately $30 million. Financial and structural details of the joint venture are expected to be disclosed once definitive terms are agreed and the entity is officially formed later this year.

"This joint venture will create a powerful partnership between China's leading provider of discovery and development services with the world's largest public contract research organization," said Joe Herring, Covance chairman and chief executive officer. "Covance and WuXi share a common commitment to quality, people, and building client relationships based on trust and performance. Covance's market-leading and high-quality preclinical operations, combined with WuXi's track record of delivering world-class drug discovery and development services, will enable us to provide superior drug development solutions to our global pharmaceutical and biotech clients in the region."

"We are pleased to partner with Covance, one of the world's largest and most comprehensive drug development service companies," said Dr. Ge Li, Chairman and Chief Executive Officer of WuXi PharmaTech. "We will be able to immediately leverage Covance's world-class expertise and global network.
This will allow us to accelerate bringing a full-range of preclinical services and GLP toxicology capabilities to this facility. The partnership is important to our mission of building a global R&D outsourcing service platform that will ultimately help our partners to improve the success of discovery and shorten the time of development."

China is becoming increasingly attractive for delivering high quality outsourced discovery and development services.
Many multinational pharmaceutical, biotechnology and medical device companies have already established presence in China in order to access its rapidly expanding healthcare market; tap into its large patient population for global trials; and take advantage of its huge talent pool for outsourced R&D work. As a result, the preclinical service market in China is expected to grow rapidly in the coming years. The joint venture between WuXi PharmaTech and Covance will allow customers of both companies to fully leverage the advantages of conducting preclinical research and development in China, and potentially submit global and domestic regulatory applications.

About WuXi PharmaTech

WuXi PharmaTech is a leading pharmaceutical, biotechnology and medical device R&D outsourcing company, with operations in China and the United States. As a research-driven and customer-focused company, WuXi PharmaTech provides pharmaceutical, biotechnology and medical device companies a broad and integrated portfolio of laboratory and manufacturing services throughout the drug and medical device R&D process.
WuXi PharmaTech's services are designed to assist its global partners in shortening the cycle time and lowering the cost of drug and medical device R&D. For more information, please visit: http://www.wuxipharmatech.com .

About Covance

Covance, with headquarters in Princeton, New Jersey, is one of the world's largest and most comprehensive drug development services companies with annual revenues greater than $1.5 billion, global operations in more than 20 countries, and more than 8,900 employees worldwide. Information on Covance's products and services, recent press releases, and SEC filings can be obtained through its website at www.covance.com.

Statements contained in this press release, which are not historical facts, such as statements about the nature, scope and timing and benefits of the planned joint venture as well as the attractiveness of China for delivering outsourced discovery and development services, the growth of the China market and advantages of conducting preclinical research and development in China are forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements including the statements contained herein are based largely on Covance and WuXi PharmaTech management's expectations and actual results could vary significantly. The memorandum of understanding is non-binding and subject to negotiation of definitive documentation. The nature, scope and timing of the venture could change and definitive arrangements may not be agreed to by the parties. Success of the venture and the attractiveness of China, including for delivering outsourced discovery and development services, are subject to other risks and uncertainties including, without limitation, competitive factors, outsourcing trends in the pharmaceutical industry, levels of industry research and development spending, the joint venture's ability to build and staff the facility and to market and provide the services in China, and other factors described in Covance's and WuX PharmaTech's filings with the U.S. Securities and Exchange Commission. Neither Covance nor WuXi PharmaTech undertake any duty to update any forward looking statement to conform the statement to actual results or changes in expectations.

SOURCE Covance Inc.
CONTACT: Covance: Media,
+1-609-419-2060,
or Investors,
+1-609-452-4807;
or WuXi PharmaTech:
+86 (21) 5046-3726
Web site: http://www.covance.com
http://www.wuxipharmatech.com

Business in Asia Today - June 25, 2008

S KOREA'S POSCO IN TALKS WITH N KOREA TO BUY COAL, IRON ORE
Seoul (ANTARA News/Asia Pulse) - POSCO, South Korea's biggest steelmaker, said today that it is holding talks with North Korea to purchase more coal and acquire commodities such as iron ore from the communist state, in an effort to secure a stable supply of raw materials.
According to the steelmaker - the world's fourth-largest - Kim Dong-jin, the president of POSCO-China Holding Corp., visited Pyongyang on June 24 to hold talks with North Korean officials over ways to double coal purchases to 400,000 metric tons this year.
Kim will also discuss methods of securing other raw materials such as iron ore in order to meet rising demand and costs, the company said.

SUZUKI, GM CO-DEVELOP FIRST FUEL CELL SUBCOMPACT
Tokyo (ANTARA News/Asia Pulse) - Suzuki Motor Corp. (TSE:7269) said Tuesday that it has developed a new fuel-cell-powered car with General Motors Corp., their fourth such vehicle and first as a subcompact.
The Japanese and United States automakers started joint development of fuel cell vehicles in 2001. The three prior models were all based on minivehicles.
Their latest model, the SX4-FCV, can run for 250km without recharging -- 50km longer than its predecessor -- and achieve a maximum speed of 150kph -- 40kph faster.
Certified by the Transport Ministry, the SX4-FCV is expected to start trial runs on public roads soon.

ENERGY SHOULD BE PRICED PROPERLY, NOT SUBSIDISED: SINGAPORE PM
Singapore (ANTARA News/Asia Pulse) - Energy, whether in the form of electricity or petrol, should be priced properly and not subsidised, Singapore Prime Minister Lee Hsien Loong said Tuesday.
He said ideally, energy should be priced not just at today's market levels but also taking into account the likelihood of a future carbon-constrained world, be it due to scarcer supplies of fossil fuels or a post-Kyoto regime to restrain carbon emissions.
"To achieve results in energy efficiency and conservation, it is important to get the economics right," said Lee when opening simultaneously the Singapore International Water Week, World Cities Summit and East Asia Summit Conference on Liveable Cities at Suntec City here.

VIETNAMESE SHOE FIRMS FACE EU DUMPING TARIFFS
Hanoi (ANTARA News/Asia Pulse) - Vietnam's National Association of Italian Footwear Manufacturers (ANCI) is planning to ask the European Union to renew anti-dumping tariffs on non-athletic leather shoes exported to the EU from China and Vietnam, the Vietnamese Ministry of Industry and Trade reported yesterday.
The 10 per cent anti-dumping tariff, due to expire on October 7 this year, was introduced in 2006 after the EC ruled leather shoes from Vietnam and China were being sold at "unfair prices" in the European market.
The anti-dumping measures were roundly criticised by exporting nations in 2006. Since then, however, EU attempts to lesson the impact of its anti-dumping policies have fallen flat as politicians across Europe, faced with weakening economies, have grown more sensitive to complaints from manufacturers.

LAST EI RESTRICTIONS LIFTED IN NSW AS HORSE FLU VANISHES
Sydney (ANTARA News/Asia Pulse) - The last of the restrictions implemented to contain and eradicate equine influenza (EI) in NSW will be lifted from July 1. Primary Industries Minister Ian Macdonald said from the start of next month, a travelling horse statement (THS) will not be required before moving horses.
All EI cross border requirements will also be removed. "Horse owners will now be free to move their horses anywhere in NSW and across state borders without any EI restrictions or reporting requirements," Mr Macdonald said in a statement.
"This last step in the battle against EI finally brings Australia's largest ever exotic animal disease outbreak to a successful conclusion."

TAIWAN TO REINSTATE FLOATING OIL PRICE MECHANISM IN JULY
Taiperi (ANTARA News/Asia Pulse) - Economic Affairs Minister Yiing Chii-ming said Tuesday that it would be "irresponsible" for the government to continue a freeze on gasoline price hikes and that the floating pricing system will return in July. Yiing made the remarks in response to calls for the government to avoid dual hikes of gasoline and electricity prices in July lest they deepen the misery of the people, who are already reeling from rising consumer prices across the board.
The Cabinet unveiled a 12.5 per cent increase in the price of gasoline late last month and also announced that from July, fuel prices will be adjusted on a monthly basis under a floating pricing mechanism that the state-controlled CPC Corp.

ABU DHABI CUSTOMS AND DHL SIGN MOU TO LAUNCH EDI
Abu Dhabi (ANTARA News/Asia Pulse) - Abu Dhabi Customs and DHL Express Tuesday signed a Memorandum of Understanding to launch the first Electronic Data Interface (EDI) system for the logistics sector in Abu Dhabi that will ensure faster clearance of goods imported into the capital city.
The announcement was made during a signing ceremony held at the Emirates Palace in Abu Dhabi.
The new system called the 'Gold Card' programme, allows DHL customers to lodge and complete customs declaration processes prior to the arrival of their goods, according to a statement.

PETROCHINA JOINS SHELL, QATAR OIL COMPANY FOR PETROCHEMICAL JV
Beijing (ANTARA News/Asia Pulse) - PetroChina (SSX:601857, SEHK:0857, NYSE:PTR), said on Tuesday it signed a letter of intent with Qatar Petroleum International (QPI) and Shell (China) Ltd. to assess the feasibility of setting up a refinery and petrochemical complex in China.
PetroChina is to control 51 per cent of the venture, while QPI and Shell would each take a 24.5 per cent stake in the new complex, which is expected to be a world-class producer of refined fuels and petrochemicals. No further details were available about the deal, although there have previously been media reports that the complex might be located in the southern Hainan Province.

WEST AUSTRALIAN GAS SHORTAGE AFFECTS WESFARMERS' FERTILIZER OPS
Sydney (ANTARA News/Asia Pulse) - Wesfarmers Ltd (ASX:WES) says its pre-tax earnings will be cut by up to A$20 million (US$19.07 million) a month, as the company feels the impact of gas outages in Western Australia following an explosion that closed down the Varanus Island gas plant.
"There are a number of impacts on our profits," chief executive Richard Goyder told the stock exchange in a question and answer session with corporatefile.com.au.
"At this stage, our best estimate is that the pre-tax impact on Group profit will be up to A$20 million per month at the current level of gas supply. A portion of that loss is expected to be recovered from insurance."

SOUTH KOREA TO DEVELOP 8 OIL FIELDS IN NORTHERN IRAQ
Seoul (ANTARA News/Asia Pulse) - South Korea's state-run energy company said today that it has secured rights to explore and development eight oil fields in northern Iraq that may hold enough crude to supply the country for over two years.
The memorandum of understanding (MOU) signed between a local consortium led by the Korea National Oil Corp. (KNOC) and Iraq's autonomous region of Kurdistan could allow local energy companies to gain access to about 2 billion barrels of untapped crude oil out of an estimated 7.2 billion barrels that may be in these fields.
"Trial production should begin in about 3-4 years with exploration likely to start in about two months," said Suh Moon-kyu, KNOC's senior executive vice president.

Source:
Business in Asia Today - JUNE 25, 2008
published by Asia Pulse

COPYRIGHT © 2008

Technology: Hong Kong Lands Department chooses ESRI GIS for its upgraded system

ArcGIS to manage land administration and mapping needs for 450 users

Redlands, California (BUSINESS WIRE) - The Government of Hong Kong Lands Department (LandsD) recently awarded ESRI a US$4.9 million contract to replace its Computerized Land Information System (CLIS).

CLIS contains up-to-date digital map data and land boundary records accessed by 450 users in LandsD. ESRI will replace the existing CLIS with an enterprise geographic information system (GIS), allowing users throughout the department to work with one central geodatabase instead of disparate silos of data.

The new system will be more efficient and accurate through the sharing of data and will better support the business processes and workflows of LandsD as it administers land within the Hong Kong Special Administrative Region (HKSAR).

The new system incorporates ESRI's ArcGIS Desktop software for creating and analyzing geospatial data. In addition, the advanced spatial data server functionality of ArcGIS Server acts as the database access engine to LandsD's four terabytes of spatial data, its associated attributes, and metadata stored in an Oracle database.

Citrix will be used for the GIS delivery infrastructure in 10 districts in the HKSAR. LandsD will also employ ESRI's Job Tracking for ArcGIS (JTX) software to assist with workflow management and job tracking. The 28-month project also includes a detailed system analysis and design, data conversion and migration, system integration and consolidation to integrate CLIS with other cadastre, land records, and mapping systems used by LandsD.

"Hong Kong is a true visionary in applying the geographic approach in government," says Jack Dangermond, president, ESRI.
"Its foresight in creating an integrated system to deliver information throughout the administrative region will provide a great benefit to its communities."

ESRI is joined by its distributors ESRI China (Hong Kong) Limited and NIIT-GIS Ltd. (ESRI India) in delivering this comprehensive project.

About ESRI

Founded in 1969, ESRI (www.esri.com) is the world leader in the GIS software industry. ESRI offers innovative solutions that help users create, manage, analyze, and display information to make timely decisions and solve problems they encounter every day. ESRI's comprehensive product line ranges from desktop GIS to GIS for the enterprise.

ESRI: Karen Richardson, 909-793-2853, extension 1-3491
press@esri.com

Business: Cityscape China 2008 opens today to the global real estate industry

Singapore, (ANTARA News/Xinhua-PRNewswire-AsiaNet) - Cityscape China 2008 opens today to investors and members of the global real estate community at the Shanghai New International Expo Centre in Pudong, China from June 25 to 27, 2008.

Cityscape China 2008 features two conferences and a real estate awards event - World Architecture Congress China, the Cityscape China Investment Real Estate Investment and Development Conference, and the Cityscape China Real Estate Awards.

Today's Opening Ceremony will feature several key industry figures including: Ronnie Chen, Chairman, Hung Long Property HK; Li Gang, Deputy Director of the China Architectural Cultural Centre (CACC); Zhang Wei Lin, Section Chief, China Ministry of Construction; and Yu Jianming, Deputy Secretary General Shanghai Economic and Trade Commission.

Also involved in the event are leading industry experts from China Aerospace Land Co., Ltd, Chengdu Municipal Bureau of Commerce, China Architectural Culture Center of Ministry of Construction, China's Developing Zone Association, Sichuan Province and Real Estate Research Center of Fudan University. Organised by the Institute for International Research (IIR), Cityscape China 2008 is open to architects, designers, banks and financial institutions, property advisors, investment promotion agencies, project managers and directors, and municipal and regional government authorities.

Cityscape China 2008 is the leading international trade event of its kind in the region and provides international developers and investors access to China's real estate market and global investment opportunities. With exhibitors including Australia Urban System, Government of Victoria Australia, Best Homes Emirates Real Estate, China Architectural Cultural Centre, China Commercial Real Estate Association, Dubai Property Link, ETA Star Property Developers LLC, Fortune Group, Group Seven Properties LLC, LandDesign, Inc., Bejing, Meydan LLC and MGM Mirage (NYSE: MGM) representing more than 15 countries worldwide.

Meydan LLC, one of the key exhibitors at Cityscape China 2008, will highlight UAE's incredible new iconic horseracing development opening in 2010. "Plans are underway to make this one of the best ever displays of Meydan's evolving projects. Being one of Asia's key real estate events, Cityscape China 2008 will be a perfect platform to attract major investors and real-estate stakeholders - Shanghai has over recent years become one of the leading hubs for East Asia," said Mr Saeed H Al-Tayer, Chairman of Meydan LLC.

"The Cityscape exhibition is an important opportunity for Meydan to meet and foster relationships with the international real estate community and other potential partners," said Mr Mohammad Abdul Nasser Al Khayat, Commercial Director of Meydan LLC.

Aside from the well-represented global exhibitors, attendees at Cityscape China 2008's conferences will also get insights on the following discussion topics:
-- How global investors can best work with local developers
-- Insight on how investors could find efficient ways of connecting to local projects
-- Insight on where the genuine real estate investment opportunities in China
-- Master planning mega projects and architectural icons
-- How innovative architecture can deliver competitive advantages
-- Importance of including sustainability in project development
-- Guidelines on succeeding in China and beyond
-- Advice on how to secure reliable local partners to invest in China effectively

Key speakers at Cityscape China 2008 include real-estate, architecture and government specialists from China New Town Development Co., JP Morgan (China), Lab Architecture
(Australia), LaSalle Investment Management (Hong Kong), BAZO Investments (China), International Urban Strategies (UAE), New City Investment Management (Shanghai) Company Ltd (China), Shui On Land (China), ING Real Estate (China), Grocon Pty. Ltd. (Australia), GE Real Estate (Hong Kong), Goodman Group (China), and Union Trust (China).

For more information, please visit: http:/www.cityscapechina.com .

Media contact:
Caroline Yeung
Tel: +65-6259-3193
Email: caroline@flamecomms.com
SOURCE Cityscape China

Business: NIDEK announces new President and CEO

Gamagori, Japan (PRIME NEWSWIRE) - NIDEK Co., Ltd. announced that Mr. Hideo Ozawa was appointed Chairman of the Board, and Mr. Motoki Ozawa was promoted to President and CEO. This decision was approved at the Board Meeting, after the Annual Shareholders Meeting on June 24, 2008. Under this new management, NIDEK will continue to target further growth in ophthalmic and aesthetic markets as well as optical systems and the coating business.

Mr. Motoki Ozawa, the new President, initially assumed his post as NIDEK, Co. Ltd. as Vice President in 2005, and has since become President and CEO. Mr. Hideo Ozawa, Chairman, is the founder of NIDEK and has devoted himself to corporate management and to the innovation of the ophthalmic industry since the NIDEK foundation began 37 years ago.

Comment by Mr. Motoki Ozawa, New President and CEO:
NIDEK started from the conviction of former President Mr. Hideo Ozawa, that he would make things "invisible to visible."
We sincerely appreciate your devoted support that made our growth to date possible. We continue to embrace Mr. Ozawa's conviction. In my opinion, our corporate social responsibility role will be enhanced in this advanced information age and with our aging societies. We plan to make further efforts to grow through clinical contributions to the healthcare industry that will become beneficial to our societies. Your continued support is greatly appreciated.

About NIDEK CO., LTD.

NIDEK has been doing worldwide business in the medical, optical and coating fields based on leading-edge optoelectronic technology. It develops, manufactures and sells products in the above fields, provide after-sales service and export the products to about 100 countries. It will continue to support people all over the world for their healthy lives as a leading company in the ophthalmic and optical instrument industries.
For further information, please visit our web site.

http://www.usa.nidek.com
http://www.nidek.com

The Nidek Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=1006

-0- CONTACT: NIDEK Co., Ltd.
Public Relations, Planning Dept.
Ms. Hiromi Kitagawa
+81-533-67-6753
Fax: +81-533-67-6610
info@nidek.co.jp

Technology: CDG congratulates CAT Telecom on launching its nationwide 3G CDMA2000 service

CAT Telecom offers advanced mobile broadband and multimedia services using CDMA2000 1xEV-DO revision A

Bangkok, Thailand (PRIME NEWSWIRE) - The CDMA Development Group (CDG) today congratulated CAT Telecom on launching its 3G CDMA2000(r) service nationwide to 51 provinces in Thailand. The CDMA2000 1X and 1xEV-DO Revision A (Rev. A) network supports telephony, high-speed Internet access, advanced broadband applications and multimedia services in upcountry areas that are not easily accessible by fixed-line telecommunications. With the expansion of 3G CDMA services, CAT Telecom expects to attract 100,000 users this year, significantly adding to its current subscriber base.

"Southeast Asia continues to be a strong growth area for CDMA, and we're pleased to see CAT Telecom expand its 3G CDMA2000 offerings throughout Thailand," said Perry LaForge, executive director of the CDG. "CDMA2000 offers operators a significant time-to-market advantage for 3G services, including high-performance voice, multimedia and broadband data services for both consumer and enterprise customers."

CAT Telecom has upgraded its CDMA2000 network to EV-DO Rev.
A to deliver high-speed Internet access and advanced mobile broadband services. Rev. A supports average user downlink data rates of 600-1400 kbps with bursts to 3.1 Mbps and uplink data rates of 500-800 kbps with bursts up to 1.8 Mbps in a 1.25 MHz radio channel. The company will use Rev. A's advanced capabilities to differentiate itself in the market and provide an enhanced user experience to its subscribers. This industry leading broadband network, which has an initial capacity to serve up to 500,000 data users, will stimulate further innovation and competition in the Thai market. The benefactors of this competition will be the citizens of Thailand who will have increased access to affordable voice and broadband services that will improve their productivity and enhance their lifestyles.

"We are very excited to be the first Thai operator to offer advanced 3G services and extend the technology's tremendous value to our subscribers nationwide," said Mr. Jirayut Rungsrithong, Senior Executive Vice President of CAT Telecom.
"Our customers are now able to take full advantage of CDMA2000's superior capacity, speed and efficiency, which translates into cost savings, excellent coverage and a high quality of service for both voice and broadband data."

CDMA2000 is becoming the technology of choice for emerging markets like Thailand to deliver high-quality voice communications and high-speed broadband Internet access. Its lower total cost of ownership and competitive handset pricing enables operators to deliver these services affordably and penetrate markets which have limited purchasing power.
According to the Yankee Group, the average lowest handset pricing for CDMA2000 handsets is approximately 50 percent less expensive than the lowest cost UMTS handsets.

There are currently 451 million CDMA subscribers worldwide, and more than 97% of these subscribers are now taking advantage of 3G CDMA2000 services. CDMA2000 grew by 38% in APAC over the past year, bringing the total number of CDMA2000 subscribers in the region to 223 million, representing 51% of the 438 million CDMA2000 users worldwide.
More information on CDMA is available at www.cdg.org.

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 519 Rel. 0 and 62 Rev. A devices on 100 CDMA2000 1xEV-DO Rel. 0 and 41 Rev. A 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.com/newsroom/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

Business: Willard W. Brittain Elected to Board of Directors of Convergys

(Cincinnati; June 24, 2008) - - - Convergys Corporation (NYSE: CVG), a global leader in relationship management, announces the election of Willard W. Brittain to its Board of Directors effective June 24, 2008. Philip A. Odeen, non-executive Chairman of the Board of Convergys, made the announcement following a board meeting held today.

Since March 2003, Brittain has served as Chairman and Chief Executive Officer of Professional Resources on Demand, an executive search, interim placement, and business advisory firm.

Previously he was the Chief Operating Officer of PwC Consulting, the global information technology, process, and strategy consulting business of PricewaterhouseCoopers LLP of which he had also served as Chief Operating Officer. Brittain, 60, was with PricewaterhouseCoopers LLP for 28 years before his retirement.

He is a director of Perini Corporation, Analysts International Corporation, and DaVita Inc., as well as two non-profit boards. Brittain holds an undergraduate degree in economics from Yale University and received his MBA from Harvard University.

Editors: Pic of Mr. Brittain is available.

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.)

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

Investor Contact:
David Stein, Investor Relations
+1 513 723 7768 or investor@convergys.com

Media Contact:
John Pratt, Public Relations
+1 513 723 3333 or john.pratt@convergys.com
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