Tuesday, July 01, 2008

Technology: Mobicom to launch Celltick's LiveScreen(TM) media service

- Mongolia's First Operator Joins the Mobile Marketing Revolution

London (ANTARA News/PRNewswire-AsiaNet) - Celltick, the pioneer of mobile idle screen marketing solutions, today announces an exclusive deal with Mobicom, Mongolia's first mobile operator. Under the terms of the deal, Mobicom will employ Celltick's LiveScreen(TM) Media platform to broadcast meaningful and relevant content to their subscribers' idle screens using cost effective cell broadcast technology.

Mobicom's subscribers will receive message teasers with an easy and intuitive click-through process enabling them to access further information. The teasers will arrive on the handset's idle screen, creating a simple and non-intrusive communication channel.

LiveScreen Media's cell broadcast technology enables operators and brands to fully utilise the idle screen's potential as a marketing communication channel. Operators can target content messages and advertising to individual preferences based on past activity, ensuring that subscribers receive the information that is most relevant to them.

Mobicom's CEO, Gansukh Burendorj, comments: "Our mission is to stay one step ahead of the market and to employ the most innovative emerging technologies to create new value for our customers. With LiveScreen(TM) Media our subscribers will be able to receive and access up-to-date informative and entertaining content on their mobile phones."

Stephen Dunford, CEO of Celltick, adds: "We have a strong presence in the APAC region, including Thailand, India, Sri Lanka and Vietnam, and the recent deal in Mongolia represents our growing presence in the area. We are looking forward to building our relationship with Mobicom and helping them explore the potential of mobile marketing in a new and effective way through the use of LiveScreen(TM) Media."

About Celltick (http://www.celltick.com)

Celltick Technologies Ltd., the pioneer of Active Mobile Marketing, has introduced a new medium into the mobile space.
Its flagship product, LiveScreen(TM) Media, allows content providers and advertisers to broadcast targeted content and marketing messages to millions of mobile idle screens, turning them into a network of interactive billboards, creating a strong revenue stream for operators.

Celltick cooperates with mobile operators to turn the mobile screen into a powerful revenue driver. The company has close relations with all network infrastructure companies, major SIM vendors, leading handset manufacturers and industry standard organisations, as well as global content providers and media agents.

Founded in 2000 and privately owned, Celltick is headquartered in the UK with offices in Russia, Singapore, India, Thailand and Brazil.

About Mobicom (http://www.mobicom.mn)

Mobicom is the largest Mongolian ICT player which was established on 18 March 1996 as a first cellular operator company in Mongolia. Nowadays Mobicom has several subsidiaries and affiliates in content production, retail and financing sector.

Mobicom has grown from a cellular service provider to a market dominant IT solution provider in the course of last decade. Nowadays Mobicom offers a wide range of IT products to local market, including mobile, satellite, wireless fixed phone and Internet services.

On the cellular service market the company is dominating by holding 60 percent of market share. Despite the fact that the Mongolian cellular market is not saturated yet, the company actively invests in value added services and technologies.

Celltick Press Contact:
Dom Whitehurst and Eleanor Orebi Gann,
Hotwire,
+44(0)20-7608-2500.
Source: Celltick

Technology: InComm Technology drives iTunes Card sales at Japan's Seiyu Group

Tokyo (ANTARA News/PRNewswire-AsiaNet) - Beginning today, Seiyu shoppers can purchase a range of iTunes Cards at all 392 retail locations throughout Japan through the latest in-store technology powered by InComm's Fastcard (R) point-of-sale activation (POS) technology. iTunes Cards are available in denominations of 1,500 yen, 3,000 yen and 5,000 yen, and can be redeemed on the iTunes Store (http://www.apple.com/jp/itunes/store/ ) to purchase and download the latest hits and best catalog music for all genres and other digital content, including music videos, audiobooks and games.

Rolling out with iTunes Cards, Seiyu will expand the offering at all retail locations offering a wide-variety of gift card selections over the next years.

"We are honored to have the opportunity to use our technology and product expertise to help change the way consumers in Japan buy music, gaming and other gift card products," said Brooks Smith, InComm President and CEO. "InComm technology has helped many of the world's largest retailers and product providers streamline the buying process across North America and Europe, and we are very excited about the opportunity to pioneer the gift card mall concept in the Asian retail marketplace."

InComm has provided Seiyu with technology and product marketing innovations developed through more than a decade of point-of-sale card activation experience in the United States, enabling Seiyu to offer customers more products and better buying experiences. InComm has a 15-year history of developing innovative and patented solutions for the packaging, display, activation and redemption of card-based products. InComm is the largest provider of gift cards, music, gaming and other prepaid cards in the U.S., Canada, Europe and Puerto Rico, with more than 145,000 retail partner locations offering the leading market brands.

Currently, the Japanese retail industry primarily uses paper gift certificates and vouchers rather than gift cards, which are quickly replacing the paper programs in many parts of the world. Moving to card-based solutions will enable Japanese merchants to increase in-store marketing and product display opportunities while significantly reducing risk of theft and shrinkage.

"Seiyu has a long history of providing its customers with high-quality service and excellent merchandise, and most customers enjoy having something tangible when they buy music and gaming products for themselves or others," said Smith.
"InComm has a record of developing product and technology solutions for our retail and product partners, and we look forward to streamlining the purchase and redemption experiences for customers in Japan."

InComm's Fastcard(R) Technology will enable retailers to offer popular music, gaming gift and other card-based products and with the ability to activate them quickly and easily at the point of purchase. Today, Japanese retailers already offer several leading music and gaming products, and the increasing international popularity of gift cards creates vast opportunities for retail product expansion in Japan. InComm's patented and patent-pending stored-value technology solutions include innovative applications for product activation and redemption, packaging, in-store displays, data management and much more.

About InComm

InComm is the industry leading marketer, distributor and technology innovator of stored-value gift and prepaid products using its state-of-the-art point-of-sale transaction technology and payment solutions to revolutionize retail product sales and customer experiences. With almost $8 billion in retail sales transactions processed in 2007, InComm is the nation's largest provider of gift cards, prepaid wireless products, reloadable debit cards, digital music downloads, content, games, software and bill payment solutions. InComm partners with consumer brand leaders around the world to provide more than 145,000 retail locations the products and services their customers demand. Since 1992, InComm's patented technologies have made the buying process easier for consumers while streamlining the selling process for product and retail partners.

To learn more about InComm, visit www.incomm.com or call 1.800.352.3084. InComm is headquartered in Atlanta with offices in Japan, Canada, Europe, Puerto Rico, Colorado, Texas, Florida, New Jersey, Oregon, Arkansas, Alabama, Minnesota and Mississippi.

On April 28, 2008 First Data Corp., a global leader in electronic commerce and payment processing services, announced that it has reached an agreement to acquire InComm. The acquisition is subject to customary closing conditions and regulatory approvals.

SOURCE InComm
CONTACT: for English:
Ms. Jenn Boutwell,
jboutwell@incomm.com,
or
for Japanese:
InComm Japan-PR dept.,
03-5716-9190,
Incomm-japan@incomm.com
Web site: http://www.incomm.com
http://www.apple.com/jp/itunes/store/

Business: Robert Zhu appointed President, ADT Security, Asia-Pacific

Singapore (ANTARA News/PRNewswire-AsiaNet) - ADT Security announced today that Robert Zhu, age 45, will become President, ADT Security, Asia-Pacific, based in Singapore. He will be responsible for the marketing, sales, service and support of ADT commercial and residential electronic security solutions across a 16-country region.

Mr. Zhu joins ADT from the ABB Automation Product Division, where he was Group Vice President and Regional Division Manager for South Asia. He led more than 2,000 people in the region and was responsible for nearly $1 billion in revenue. In his 10-year career with the ABB Group companies, he assumed increasing leadership roles, first in Australia and then across ABB's 10-nation South Asia region. His achievements included operational turnarounds and accelerating revenue and profit growth.

Prior to joining ABB, Mr. Zhu held a number of sales and engineering positions with companies in Australia and China. He earned his Bachelors degree in Electrical Engineering from the North China University of Electrical Power in Baoding, China.
He then went on to earn a Masters in Electrical Engineering from RMIT University in Melbourne, Australia and, also in Melbourne, a Masters of Business Administration from Monash University.

"Robert Zhu brings seasoned management skills to ADT Security and will provide the experience and leadership to continue our outstanding growth and success in our Asia-Pacific region," said Naren Gursahaney, President, ADT Worldwide.

About ADT Security Services

ADT Security Services, a unit of Tyco International, is the largest provider of electronic security services to more than seven million commercial, government and residential customers worldwide. ADT's total security solutions include intrusion, closed circuit television, access control, critical condition monitoring, electronic article surveillance, radio frequency identification (RFID) and integrated systems. ADT's Asia-Pacific regional web site address is http://www.adt.com/global

For more information, please contact:
Tyco Fire & Security Asia
Shee Liang Mey
Manager, Communications, Asia
Tel: +65-6389-8241
Email: lmshee@tycoint.com
SOURCE ADT Security Services

Technology: VistaJet completes acquisition of Bombardier Skyjet International

-VistaJet Becomes Second Largest Business Jet Company Outside North America;
-VistaJet Will Generate Over 25,000 Hours Worldwide
-VistaJet Holding SA (VistaJet) and Bombardier Aerospace

Zurich, (ANTARA News/PRNewswire-AsiaNet) - Today announced that the companies have signed definitive agreements under which, for an undisclosed sum, VistaJet has acquired Skyjet International, a leading business aviation company with offices in London, Hong Kong and Dubai.

The transaction promotes VistaJet to the number two position outside North America and allows VistaJet to expand its revolutionary Flight Solutions Programme and expand operations worldwide.

"Today's transaction is a perfect fit; the complementary synergies and strengths are in line with our goal of becoming the world's leading business aviation provider," said Thomas Flohr, Chairman of VistaJet. "The merger underlines VistaJet's vision of revolutionizing the business aviation landscape globally by coupling pure luxury with affordability."

Bing Chen, VistaJet CEO emphasizes, "VistaJet remains committed to a seamless integration of operations and services for the benefit of our customers. Skyjet International's jet membership programme perfectly complements our innovative Flight Solutions Programme. The Skyjet International brand name has been retained to reassure customers who will benefit from this expanded range of service options."

"This is another milestone of VistaJet's continued success in providing the most innovative travel solutions that are transparent, flexible and affordable but with the most luxurious fleet and services," said Chen.

On May 20 2008, VistaJet announced that it had placed a firm order for 35 Bombardier business jets, including an option for an additional 25 aircraft. This $1.2 billion business jet order will triple the size of VistaJet's existing fleet.

The Skyjet International transaction and current aircraft order will see VistaJet's fleet expand to 94 jets by 2012. The Company recently forecast a 50 per cent increase in revenues for this year and expects to generate approximately 80,000 flight hours by 2012.

ABOUT VISTAJET

VistaJet is a privately-owned company headquartered in Switzerland. VistaJet is Europe's fastest growing business jet company offering revolutionary business aviation solutions through its one of a kind Flight Solutions Program. The VistaJet fleet will comprise more than sixty-five medium to ultra-long range, state of the art jets with an average age of less than two years. VistaJet operates a diversified fleet meeting the full range of customer needs. The current fleet includes Learjet 40 XR* and Learjet 60XR* aircraft, Challenger 300*, Challenger 604*, Challenger 605* and Challenger 850* jets, and the Global Express XRS* jet. Three Airbus Corporate Jets (ACJ) will be delivered in 2010. News and information is available at http://www.vistajet.com.

ABOUT SKYJET INTERNATIONAL

Launched in March 2002 as Flexjet* Europe and later rebranded, Skyjet International established itself as the world's first truly global business jet charter service. Consolidating some of the world's leading charter operators into a single network, Skyjet International, based outside London - and with offices in Dubai and Hong Kong - provides a variety of innovative private jet travel options.

*Either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries

For more information or to book a trip, call +44-1252-526-630, email info@sje@aero.bombardier.com or visit
www.skyjetinternational.com
For media enquiries, please contact:
Lee Holloran, Marketing Executive
Tel: +44-1252-526 633
lee.holloran@aero.bombardier.com
Source: VistaJet International Ltd and Skyjet International

Technology: Mobile operators collaborate to enable rich mobile Web services

London, (ANTARA News/PRNewswire-AsiaNet) - A leading group of mobile operators today unveiled a new initiative to create a blueprint and roadmap for opening up mobile functionality to encourage the development of exciting mobile applications without compromising customer security. The new initiative will be known as BONDI.

Supported by the OMTP members including 3 Group, AT&T, T-Mobile, Telenor, Telefonica, Telecom Italia and Vodafone, BONDI will provide a consistent and secure web services interface that can be used by all web developers across multiple device platforms. This will provide the opportunity for web developers to address a mass market of consumers and to drive the use of data services on mobile.

BONDI will harmonise the various open and proprietary ongoing initiatives and this cooperative work will minimise the potential for technology fragmentation in this exciting area. BONDI, under the OMTP umbrella, will contribute towards ongoing standardisation work to help create a new rich web experience for mobile while also ensuring an appropriate degree of protection that will maintain the current high level of trust by mobile phone users.

BONDI will expose key handset features to web developers to help them develop more function-rich, user friendly and relevant applications. The new handset software will be engineered in such a way as to prevent fraudulent and malicious activity through unauthorised access to functions or sensitive personal information.

Tim Raby. MD OMTP commented, "Users have to be certain when they use the mobile web that their privacy is paramount. The OMTP goal is to 'enable and protect' - to enable fantastic new services whilst at the same time protecting the user."

Christian Salbaing, Managing Director, 3 Group said "High speed mobile internet access has been a key component of 3's flat rate mobile internet strategy. The development of smarter mobile devices and services is an important step in that strategy and BONDI is key in enabling this to operate across a wide variety of handsets. It also ensures we can provide the necessary security to protect our customers."

Hank Kafka, vice president, Architecture for AT&T's wireless unit said, "With a tradition of offering the most cutting-edge devices in the U.S., the potential to deliver innovative new services to our customers is vast. AT&T is committed to offering the newest and best services, while also protecting our customers and the wireless experience."

Arnd Gallmann, Senior Vice President Terminal Technology at T-Mobile International added: "Keeping a lid on fragmentation, whilst at the same time enabling new functionality, will encourage more developers to create unique, exciting applications for mobile web 2.0. In turn, this will improve the mobile broadband proposition and greatly enhance the customer experience."

"Mobile Web 2.0 is an exciting opportunity; the potential for advancement is huge." said Carlos Melendo, Senior Manager Handsets at Telefonica. "We at Telefonica, are looking forward to seeing BONDI help bring the mobile web close to the capabilities of the PC web."

Luca Tomassini, Executive Vice President Innovation & Business Development for Telecom Italia's domestic mobile unit, said "With Industry initiatives such as BONDI, Telecom Italia will be able to deliver innovative services to customers and operators will offer web developers a new path to develop innovative technologies for the mobile broadband experience"

Commenting on the latest initiative, Reinhard Kreft, Vodafone's Head of Standardisation and Industry Engagements, said, "With so many diverse mobile devices and operating systems available in today's marketplace, it can be quite challenging to roll out consistent and compelling new services across such a broad spread. BONDI addresses the need to deliver great services across multiple platforms, whilst ensuring that customers are protected from any risk associated with adopting a more open approach to these systems."

"A really simple way for developers to create rich mobile services & applications, combined with the required security and trust by the parties in the provisioning of them, could really boost the mobile web 2.0", concluded Stein Hansen, Vice President Group Strategy at Telenor. "BONDI is an important step in that direction."

For further information regarding the OMTP, please contact:
Sarah Bedwell
MUSTARD PR
Tel. +44-1628-502601
E-mail: sarah@mustardpr.com
SOURCE: OMTP

Health/Medical: Asia Pacific: 2008 Korea healthcare outlook

Seoul, South Korea (BUSINESS WIRE) - South Korea, is seen to be the leaders in the global healthcare market, as growth opportunities are seen to increase in 2008.

Yangwon Joo, Consultant of Healthcare Asia Pacific at Frost and Sullivan shared her predictions for the year ahead across key healthcare markets over an exclusive web briefing that was held on the 26th of June 2008.

Over the last 6 years, the total healthcare market size has been growing in demand. With the ageing society increasing, the total healthcare expenditure therefore increases showing growth in both quantity and quality.

During the web briefing that was held, topics that were of most interest to the audience attended were the detailed analysis of individual healthcare segments, analysis on the healthcare sector in Korea, drivers and challenges in 2008 and an overall industry outlook of the South Korean region.

It was mentioned by Yangwon during the briefing that "It is expected that South Korea will see a definite rise in the healthcare market in 2008, with its Healthcare market expecting to grow with CAGR ranged from 12 to 15 percent until 2012. This is, however, through increasing healthcare manufacturing, Healthcare Information Systems and healthcare customer (patient) services. With this, the market will be growing continuously with its quality," she said.

"South Korea, is now moving towards a shift in getting out of the traditional manufacturing, pharmaceutical and medical device companies, whereby plans to apply new technology to invest more in innovative products, and in the generics segments are of utmost importance" Yangwon said.

The innovative pharmaceutical industry is now following a global pharmaceutical trend whereby, the clinical research is outsourced for greater efficiency and enhanced quality outcomes.

With all these major shifts in trends, there are major drivers and challenges. With the increasing demand in a growing ageing population (silver industry), results to demand for high technology. Therefore with these challenges, the government would need to support the healthcare industry through technology based manufacturing and service in healthcare with increased investment.

The globalizing healthcare market with FTA will also drive manufacturers to increase its quantity and quality. Hence, allowing patients to have more choice in terms of high end services.

Yangwon noted that even with these demands, the medical devices sector is still heavily dependent on imported medical devices due to the incapability and insufficient R&D investments by the local manufacturers. This is mainly due to the Government's restrictions on U-healthcare. With the current regulations, medical services by physicians out of the hospital are not allowed. Also, there are always the opposite voices from civil advocacy groups. These groups are against increase in high-end trends in the healthcare industry as it will create a bigger gap in the various income groups when it comes to cost and reimbursements.

In order for the healthcare industry to compete, their R&D matters would need to be emphasized. To compete with imported products in the domestic market and to make more exports, more investments in R&D is required in both pharmaceutical and medical device industry.

She added that U-healthcare will grow tremendously as internet is now a great influence on our day to day living.
Hence a need for more partnerships with ICT companies will be needed. Also, customer (patients) will come to have a louder voice, by having collaborations with civil society and activities in the online community. A more delicate patient service will then be required.

Finally, Yangwon stated 2008 will be marked by a shift towards globalization. If necessary, the strategic alliances or partnerships with local companies will make the industry more competitive. There are strengthening capabilities for medical tourism, hence Korea can be seen as the hub within the Asian region with its advanced technology.

About Frost & SullivanFrost & 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 & SullivanCorporate Communications- Healthcare, Asia Pacific:Jasminder Kaur, +65 6890 0937 Mobile: +65 9062 7051
jkaur@frost.com or Shereen Gill, +603 6204 5909 Mobile: +6017 617 8300 shereen.gill@frost.com

Business: Sterlite Industries (India) Limited announces files of annual report

Mumbai, India (BUSINESS WIRE) - Sterlite Industries (India) Limited (NYSE:SLT) ("Sterlite") today announced that its annual report on Form 20-F, containing its annual consolidated financial statements for the fiscal year ended 31 March, 2008 and the auditors' report thereon (the "Annual Report"), was filed with the United States Securities and Exchange Commission on 30 June, 2008.

The Annual Report is also available on Sterlite's corporate website at www.sterlite-industries.com.

Shareholders may also obtain a hard copy of the Annual Report, free of charge, by sending a written request to the Company's registered office or by sending an e-mail to comp.sect@vedanta.co.in, attention: Ms. Kavitha Pillai.

About Sterlite Industries Sterlite Industries is India's largest non-ferrous metals and mining company with interests and operations in aluminum, copper and zinc and lead. It is a subsidiary of Vedanta Resources plc, a London-based diversified FTSE 100 metals and mining group. Sterlite Industries' main operating subsidiaries are Hindustan Zinc Limited for its zinc and lead operations; Copper Mines of Tasmania Pty Limited for its copper operations in Australia; and Bharat Aluminium Company Limited for its aluminum operations. The company operates its own copper operations in India. The company has entered the commercial energy generation business and is in the process of setting up a 2,400MW independent power plant through its wholly owned subsidiary, Sterlite Energy Limited. Sterlite Industries is listed on the Bombay Stock Exchange and National Stock Exchange in India and the New York Stock Exchange in the United States.

For more information, please visit www.sterlite-industries.com.

Disclaimer: This press release may contain "forward-looking statements" that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects,""anticipates,""intends,""plans,""believes,""seeks,""should" or "will."

Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Sterlite Industries (India) Limited Sumanth Cidambi, +91 22 6646 1531 Associate Director Investor Relationssumanth.cidambi@vedanta.co.inSheetal Khanduja, +91 22 6646 1427 Manager Investor Relationssheetal.khanduja@vedanta.co.in

Business: General Cable acquires majority position in Philippine JV

Highland Heights, Ky. (BUSINESS WIRE) - General Cable Corporation(NYSE: BGC) (the Company), a leading global supplier of wire and cable products for the energy, industrial, and communications markets, and its joint venture partner, A. Soriano Corporation (Anscor), announced today that the Company has increased its equity ownership in Phelps Dodge Philippines, Inc. (PDP) from 40% to 60%. PDP is a joint venture established in 1955 by Anscor, a Philippine public holding company with diverse investments, and Phelps Dodge International Corporation (PDIC), a subsidiary of the Company which was acquired in the fourth quarter of 2007. PDP reported revenues of about $100 million in 2007.

PDP operates one of the largest wire and cable manufacturing facilities in the Philippines with leading market positions supporting the construction sector of the Philippine economy.
The investment complements General Cable's strategy in the region by providing a platform for further penetration into Southeast Asia markets as well as supporting ongoing operations in Australia, the Middle East and South Africa. Additionally, with the sharing of new products and technology from General Cable around the world, PDP expects to penetrate other sectors of the Philippine wire and cable market.

"We have worked very closely with PDIC as our partner for more than half a century. Our mutual respect and willingness to share ideas have resulted in PDP establishing a leadership position in the Philippines. We are pleased that General Cable will make PDP a key part of its platform to further its strategic expansion in the region," said Andres Soriano III, Chairman of Anscor.

Mathias Sandoval, Executive Vice President, General Cable Corporation, President and Chief Executive Officer, General Cable Latin America, Sub-Saharan Africa & Mideast/Asia-Pacific said, "Because of the leadership that Mr Soriano has shown over the last 20 years, PDP has maintained its reputation for high quality and product innovation in its served markets. We are honored that this leadership and guidance will continue as Mr Soriano will remain as Chairman of the Board of the joint venture."

General Cable is a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, and communications markets. Visit our website at www.generalcable.com.

Certain statements in this press release, including without limitation, statements regarding future financial results and performance, plans and objectives, capital expenditures and the Company's or management's beliefs, expectations or opinions, are forward-looking statements. Actual results may differ materially from those statements as a result of factors, risks and uncertainties over which the Company has no control. Such factors, risks, and uncertainties are more fully discussed in the Company's Report on Form 10-K filed with the Securities and Exchange Commission on February 29, 2008, as well as periodic reports filed with the Commission.

General Cable Corporation Michael P. Dickerson,?Vice President of Finance andInvestor Relations,?859-572-8684

Technology: Hoya purchases Moore Microprocessor Patent(TM) Portfolio license

Cupertino, Calif. (BUSINESS WIRE) - Alliacense today announced that Hoya Corporation has purchased a Moore Microprocessor Patent? (MMP) Portfolio license from The TPL Group. Hoya is a diversified manufacturer of Information Technology, Healthcare, and Lifestyle Refinement products.

"We continue to encourage all producers of microprocessor-based products and dependent services to place a high priority on the purchase of an MMP Portfolio License to reduce potential financial exposure," said Mike Davis, Senior Vice President, Licensing for Alliacense.

The sweeping scope of applications using MMP Portfolio design techniques continues to encourage the world's leading manufacturers of end user products from around the globe to become MMP Portfolio licensees. Over 40 global companies from the US, Europe, Japan, Korea and Taiwan have purchased MMP Portfolio licenses, including many industry leaders such as Fujitsu, Hewlett Packard, Kenwood, Mattel, Nokia, Philips, and Sony.

The MMP Portfolio patents, filed by The TPL Group in the 1980 s, cover techniques that enable higher performance and lower cost designs. These patents are fundamental to dozens of microprocessor-based key features and benefits in contemporary consumer and commercial products ranging from DVD players, mobile phones and portable music players to automobile systems, communications infrastructure and medical equipment.

About the MMP Portfolio The Moore Microprocessor Patent Portfolio contains intellectual property that is jointly owned by the privately-held TPL Group and publicly-held Patriot Scientific Corporation (OTCBB:PTSC). The MMP Portfolio includes seven U.S. patents as well as their European and Japanese counterparts.

It is widely recognized that the MMP Portfolio protects fundamental technology used in microprocessors, microcontrollers, digital signal processors (DSPs), embedded processors and system-on-chip (SoC) devices.

Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: mmp-licensing@alliacense.com.

About Hoya Corporation Since its establishment in 1941 as Japan's first specialty manufacturer of optical glass, Hoya has diversified into new business areas that exploit the potential of advanced optics technologies. The company has continued to grow as a global enterprise through the expansion of its diverse business activities, which encompass electro-optics, photonics, vision care, healthcare and crystal products. Hoya will continue to maximize its corporate value for the benefit of all stakeholders in the company in accordance with the following corporate mission to pursue creativity and innovation while promoting harmony among humankind, society, and nature.
For more information, visit www.hoya.co.jp.

About Alliacense Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development/management executives, Alliacense focuses on expanding the awareness and value of TPL's IP portfolios.
Founded in 1988, The TPL Group has emerged as a coalition of high technology enterprises involved in the development, management and commercialization of proprietary product technologies as well as the design, manufacture and sales of proprietary products based on those technologies and corresponding IP assets. For more information, visit www.alliacense.com.

Alliacense and Moore Microprocessor Patent (MMP) are trademarks of Technology Properties Limited (TPL). All other trademarks belong to their respective owners.

Alliacense Shawn Clark, 408-446-4222 shawnc@tplgroup.net

Business in Asia Today - July 1, 2008

SMBC ARRANGES US$472.3 MLN SYNDICATED LOAN FOR IBM
Tokyo (ANTARA News/Asia Pulse) - Sumitomo Mitsui Financial Group Inc. (TSE:8316) unit Sumitomo Mitsui Banking Corp. has put together a 50 billion yen (US$472.3 million) syndicated loan for IBM Corp., The Nikkei learned Monday.
This is the first time that the U.S. firm has tapped Japanese lenders for a syndicated loan. In the past, IBM has procured funds in Japan by issuing yen-denominated bonds, or samurai bonds.

AUSTRALIA'S AGL, ARROW TO SELL NORTH QUEENSLAND GAS PIPELINE FOR US$196 MLN
Melbourne (ANTARA News/Asia Pulse) - AGL Energy Ltd (ASX:AGL), Australia's largest power retailer, and Arrow Energy Ltd (ASX:AOE) have agreed to sell the North Queensland Gas Pipeline (NQGP) to Victorian Funds Management Corp for $A205 million ($US196.27 million).
AGL Energy and Arrow will continue to operate the pipeline, which will provide contracted operating and maintenance services to Victorian Funds under a long-term operations and maintenance agreement.
Financial close on the sale is expected by late July.

SINOPEC PUTS DANIUDI GAS FIELD INTO OPERATION
Beijing (ANTARA News/Asia Pulse) - Construction of Sinopec's Daniudi Gas Field in the Ordos Basin and the Tabamiao-Yulin natural gas pipeline has been completed and has just passed examination and acceptance, Sinopec Group reported.
This means that Daniudi Gas Field with an annual production capacity of 1 billion cubic meters has entered the stage of development and production and will be one of Sinopec's major natural gas replacement areas.
The project includes 233 gas wells, 10 gas gathering and distributing stations, 360 km single well gas-gathering pipelines, 403 km of alcohol injection pipeline, 70 km of main gas gathering pipelines and one methanol sewage purification plant.

ADB PROVIDES US$196 MLN FOR VIETNAM POWER PLANT
Hanoi (ANTARA News/Asia Pulse) - The Asian Development Bank (ADB) will provide a loan of US$196 million to build a 156-MW power plant in the Bung river in the central province of Quang Nam.
The plant is expected to be completed by 2013 to help ease the shortage of electricity in the country.
According to ADB energy expert Pradeep Perera, the project will help improve the stability and reliability of the national power grid and reduce the country's dependence on fossil fuel.

SRI LANKA INFLATION HITS NEW HIGH OF 28.2% IN JUNE
Colombo (ANTARA News/Asia Pulse) - Sri Lanka consumer inflation in the capital Colombo accelerated to a new record of 28.2 per cent in June 2008, from 26.2 per cent in May, the government's statistics office said.
In the 30 days to June prices rose 3.7 per cent in the most widely watched Colombo Consumer Price Index (CCPI).
The government changed the weights of the index and its base year after inflation hit 29.9 per cent in April. Sri Lanka's inflation had been spiking since the middle of 2007 amid loose monetary policy.
The island has the highest inflation in Asia with only Vietnam coming close.

AUSTRALIA'S BABCOCK & BROWN WIND ACQUIRES WIND FARMS IN GERMANY
Sydney (ANTARA News/Asia Pulse) - Babcock & Brown Wind Partners Ltd (ASX:BBW) has acquired four wind farms located in Germany for an undisclosed sum.
The wind farms located in four separate German states have a combined total capacity of 19.6 megawatts The farms are based
in the towns of Coswig in the state of Sachsen-Anhalt, Eschweiler in Northrhine-Westphalia, Sonnenberg in Niedersachsen and Calau in Brandenburg.
BBW said three of the farms - Coswig, Eschweiler, Sonnenberg - are fully operational and are expected to make a full year contribution to net operating cash flow in fiscal 2009.

INDONESIAN CO BAKRIE SUMATERA SEEKS LOAN PLEDGE OF US$150 MLN
Jakarta (ANTARA News/Asia Pulse) - Publicly listed plantation company PT Bakrie Sumatera Plantations (JSX:UNSP) said it hopes to receive a loan of US$150 million from a bank syndicate in the middle of this month.
The company needs the fund to finance expansion of oil palm plantations by 50,000 hectares in Riau and Kalimantan, a company official said.
Finance Director Harry M Nadir said the U.S. dollar loan from local and foreign banks will carry an annual interest rate based on LIBOR.

POSCO AGREES TO PAY RIO TINTO 80 PCT MORE FOR IMPORTED IRON ORE
Seoul (ANTARA News/Asia Pulse) - POSCO (KSE:005490), the world's fourth-largest steelmaker, said Tuesday that it has agreed to pay Australian miner Rio Tinto (ASX:RIO) 80 per cent more for iron ore supplies, heralding another increase in steel prices.
The deal, retrospective to the contract that began on April 1, follows a February agreement with Brazilian mining company Vale under which the South Korean steelmaker agreed to pay 65 per cent more for iron ore.
POSCO said it is still in talks with another Australian miner, BHP Billiton, for an increase in prices of iron ore.

INDIAN GROUP BUILDING NEW AUTOPART PLANT IN VINH PHUC, VIETNAM
Hanoi (ANTARA News/Asia Pulse) - India's Minda Group organised the ground breaking ceremony for a US$10 million auto components plant on June 29.
Covering an area of 2ha in Binh Xuyen Industrial Zone in the northern province of Vinh Phuc, the project will be divided into two phases.
The Minda group manufactures a wide range of auto components: electrical switches, security locks, horns, lamps, wiring harnesses, batteries and speedometer clusters.
Minda Vietnam's products will be exported to other ASEAN countries.

TAIWAN GOVT SETS UP COMMITTEE TO DEVELOP MORE EQUITABLE TAX SYSTEM
Taipei (ANTARA News/Asia Pulse) - The Taiwan government has set up a tax reform committee that will aim to formulate a system that is fair, highly efficient, simple and can enhance the global competitiveness of local companies, Premier Liu Chao-shiuan
said Monday.
After the launch, the committee held its first meeting, which was chaired by Vice-Premier Chiu Cheng-hsiung.
Liu said reform of the current tax system to develop a more equitable and logical one will allow for better utilization of Taiwan's high-quality human resources as part of the effort to achieve economic growth in the face of globalization and competition from emerging economies.

Source:
Business in Asia Today - July 1, 2008
published by Asia Pulse

COPYRIGHT © 2008

Business: Infrastructure India: First day of dealings LSE main market

First day of dealings on the Main Market of the London Stock Exchange Placing raising 36.7 million

London (BUSINESS WIRE) - Shares in Infrastructure India plc (LSE:IIP) (LSE:IIPW), a closed-ended investment company providing access to India's fast-growing market for infrastructure assets, begin trading today on the Main Market of the London Stock Exchange.

Infrastructure India is a newly incorporated Isle of Man closed-ended investment company established to provide investors with the opportunity of investing in Indian infrastructure assets. The Company's investment strategy is to provide shareholders with capital growth and income by investing in infrastructure assets, focused specifically on the energy and transport sectors. The IPO creates a listed platform from which the further development of the Company will take place. Rupert Cottrell, Non-Executive Chairman of Infrastructure India was previously a director of The PFI Infrastructure Co plc ("PFI Co"), the UK's first publicly traded PFI infrastructure fund. PFI Co achieved a 34 per cent IRR for initial investors and a 233 per cent total value uplift.

Bloomsbury Asset Management Advisors ("BAMA" or the "Investment Adviser"), headed by Gary Neville - previously at John Laing plc, one of the largest publicly quoted infrastructure investors in the UK at the time - will act as investment adviser, with responsibility for identifying, structuring and monitoring investments and advising on exit strategies.

Andrew Friend, previously CEO of John Laing plc, will act as a senior strategic adviser to the Company. John Laing plc delivered approximately 45 per cent IRR for investors from October 2001 to the date of its acquisition for just over $1bn in December 2006.

The objective of the Company is to ultimately achieve an IRR of 25 per cent per annum. The Company will seek to invest in assets that are expected to generate a base IRR of 15 per cent per annum. It is the Directors' belief that the Company's returns could be raised to the 25 per cent target due to additional potential gains from refinancing, yield compression effects and portfolio management efficiencies, as have been achieved by other listed infrastructure companies.

This has enabled the Group to acquire a 20.5 per cent equity interest (which is expected to adjust to between 6 per cent and 7 per cent after certain dilutions) in Shree Maheshwar Hydel Power Corporation Limited, which was specifically established to solely own and develop a 400MW hydroelectric power project situated in Maheshwar, in the southwestern region of Madhya Pradesh in India. With construction approaching the final stages its management expects that the first turbine will commence operations by June 2009. The project is expected to be one of the largest privately owned hydroelectric projects to be commissioned in India within the next two years. The Group has developed a further investment pipeline of other potential
opportunities with an equity value of approximately Rs11.1bn (approximately $135m). This pipeline includes renewable and conventional power projects, road portfolios and airport assets.

The Company's investment policy, in summary, is as follows: Overall focus? invest at the asset level or via specific holding companies set up to invest in infrastructure projects in India. Such investments are to be primarily focused on the broader sectors of energy and transport Sector weighting? focused on investing in assets close to the commencement of operations, typically within 18 months of planned commercial operation Asset allocation? focus on purely equity investment at the SPV level in infrastructure assets in India Risk diversification? geographical diversification within India and diversification within the project types, counterparty, payment mechanisms and co-investment partners.

Gearing - there will be no gearing at the Company level for at least 18 months from Admission.

Thereafter, should the Directors decide that gearing at a Company level is desirable, it will be limited to no more than 50 per cent of total capital. Gearing at the non-recourse SPV level will typically be at a debt/equity ratio of 70/30, but may rise as markets develop in India Maximum exposures. Single investments will typically represent no more than 30 per cent of the Group's NAV (measured at the time of investment) and not more than 50 per cent of the Group's NAV.

Subject to this, there will be no minimum or maximum stakes that the Company can take in projects although its target size of equity investment in any one entity is likely to be between $10m and $30m On Admission, the Company's share capital will consist of a single class of Ordinary Shares and a separately traded class of Warrants, both to be admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities.

Kaupthing Singer & Friedlander Capital Markets Limited acted as Financial Adviser and Broker to the Company and Smith & Williamson Corporate Finance Limited acted as Sponsor.

Commenting on Company's fundraising and admission to trading on the London Stock Exchange, non-executive chairman of Infrastructure India plc Rupert Cottrell said, "The growth prospects for India provide a compelling rationale for investment in the Indian infrastructure sector at this time. We have put in place a team with extensive experience in infrastructure fund management and a strong track record in value creation.

"The platform we have created will enable us to build a substantial business as the opportunities in our pipeline crystalise.The funds raised will be used to invest in the initial projects we have identified with the expectation that negotiations on other energy and transport projects will reach an advanced stage during the remainder of this year.

"We believe that should the Indian infrastructure market develop similarly to the markets in the UK and European Union equity returns will increase as the infrastructure market matures and we are delighted in the interest that has been shown."

Details of the Placing Placing Price per Share - 100 pence
Number of existing Ordinary Shares - 100
Number of new Ordinary Shares being issued - 36,699,900
Number of Warrants being issued - 7,340,000
Number of Ordinary Shares in issue following the Placing - 36,700,000
Number of Warrants in issue following the Placing - 7,340,000
Net Proceeds of the Placing - 32.9 million
Market Capitalisation on Admission - 36.7 million

The prospectus relating to the admission of the Company to trading on the Official List and the placing of ordinary shares has been submitted to the Financial Services Authority and will soon be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at: Financial Services Authority 25 The North Colonnade London E14 5HS Infrastructure India plc

Rupert Cottrell Via Redleaf Communications www.iiplc.com
or
BAMA Gary Neville, +44(0)20-3205-5574 or
Kaupthing Singer and Friedlander Andrew Dawber,
+44(0)20-3205-5000 or
Tom Frost, +44(0)20-3205-5594 or
Paul Wedge, +44(0)20-3205-7529 or
Redleaf Communications Emma Kane / Tom Newman / Henry
Columbine +44(0)20-7822-0200 iif@redleafpr.com

Business: Solutia retains HSBC to explore strategic alternatives for its nylon business

St. Louis (PRIME NEWSWIRE) - Solutia Inc. (NYSE:SOA) today announced that it has retained HSBC Securities (USA) Inc. to explore strategic alternatives with respect to its nylon business, including a possible sale.

"We have transformed our nylon business from a North American-focused fiber business into the world's second-largest producer of nylon 66 plastics," commented Jeffry N. Quinn, chairman, president and chief executive officer of Solutia Inc.
"The nylon business is on a path for further growth and improvement in financial performance, and we believe strongly in the strategic course we have set for the business. However, given the strength of our high-margin specialty chemical and performance materials businesses and the current industry dynamic in the nylon segment, it is an appropriate time to explore strategic alternatives available with respect to the nylon business that would better position both the nylon business and the rest of Solutia for reaching their ultimate potential."

In 2007, the nylon business generated net sales of $1,892 million or approximately 51% of Solutia's total revenue, and adjusted EBITDAR of $106 million, or 28% of Solutia's total pro forma adjusted EBITDAR. In 2008, first quarter net sales for the nylon business were $468 million, an increase of 10% when compared to the first quarter of 2007; however, the business' adjusted EBITDAR was a loss of $7 million for the quarter, a decrease of $35 million year-over-year, largely due to higher raw material costs that were only partially recovered with higher selling prices in the quarter. In contrast, Solutia's other three business platforms -- Saflex(r), CPFilms(r), and Technical Specialties, which generated net sales of $1,850 million and adjusted EBITDAR of $270 million in 2007, generated $108 million in adjusted EBITDAR in the first quarter 2008, an increase of 23% over the same period in 2007.

Solutia's nylon business is one of only two world wide businesses that own the complete range of technology to produce nylon 66. The business is able to efficiently serve global markets from its integrated set of world-scale, flexible assets located in North America. During 2007, 28% of the business' sales came from Asia. With its 2008 addition of 68,000 metric tons of capacity for Vydyne(r) and Ascend(r) nylon 66 resins and polymers, that percentage is expected to rise further, driven by rapidly growing demand among Asian producers of automotive, electrical, and consumer goods.

Forward Looking Statements
This press release may contain forward-looking statements, which can be identified by the use of words such as "believes," "expects," "may," "will," "intends," "plans," "estimates" or "anticipates," or other comparable terminology, or by discussions of strategy, plans or intentions. These statements are based on management's current expectations and assumptions about the industries in which Solutia operates. Solutia makes no assurances that any transaction will be completed.
Forward-looking statements are not guarantees of future performance and are subject to significant risks and uncertainties that may cause actual results or achievements to be materially different from the future results or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, those risk and uncertainties described in Solutia's most recent Annual Report on Form 10-K, including under "Cautionary Statement About Forward Looking Statements" and "Risk Factors", and Solutia's quarterly reports on Form 10-Q. These reports can be accessed through the "Investors" section of Solutia's website at www.solutia.com. Solutia disclaims any intent or obligation to update or revise any forward-looking statements in response to new information, unforeseen events, changed circumstances or any other occurrence.

Corporate Profile
Solutia is a market-leading performance materials and specialty chemicals company. The company focuses on providing solutions for a better life through a range of products, including: Saflex(r) interlayer for laminated glass; CPFilms(r) aftermarket window films sold under the LLumar(r) brand and others; high-performance nylon polymers and fibers sold under brands such as Vydyne(r) and Wear-Dated(r); and technical specialties including the Flexsys(r) family of chemicals for the rubber industry, Skydrol(r) aviation hydraulic fluid and Therminol(r) heat transfer fluid. Solutia's businesses are world leaders in each of their market segments. With its headquarters in St. Louis, Missouri, USA, the company operates globally with approximately 6,000 employees in more than 60 locations. More information is available at www.Solutia.com.
The Solutia Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2620

-0-
CONTACT:
Solutia Inc.
Media:
Paul J. Berra III
(314) 674-5325
Investors:
Susannah Livingston
(314) 674-8914

Business: W.P. Stewart files 2007 annual report on form 20-F with SEC

Hamilton, Bermuda (PRIME NEWSWIRE) - W.P. Stewart & Co., Ltd. (NYSE:WPL) (the Company), as a foreign private issuer, today filed its 2007 annual report with the United States Securities & Exchange Commission ("SEC") on Form 20-F. A copy of the annual report is available on the Company's website, in the Investor Relations section, at www.wpstewart.com.

Shareholders may receive a hard copy of the Company's annual report free of charge upon submitting an email request to IRINFO@wpstewart.com or by mailing a written request to the Company at:

Investor Relations c/o W.P. Stewart & Co., Ltd. Trinity Hall 43 Cedar Avenue Hamilton HM 12 BERMUDA

W.P. Stewart & Co., Ltd. is an asset management company that has provided research-intensive equity management services to clients throughout the world since 1975. The Company is headquartered in Hamilton, Bermuda and has additional operations or affiliates in the United States, Europe and Asia.

The Company's shares are listed for trading on the New York Stock Exchange (NYSE:WPL) and on the Bermuda Stock Exchange (BSX:WPS).

For more information, please visit the Company's website at www.wpstewart.com, or call W.P. Stewart Investor Relations (Fred M. Ryan) at 1-888-695-4092 (toll-free within the United States) or + 441-295-8585 (outside the United States) or e-mail to IRINFO @wpstewart.com.

-0-
CONTACT:
W.P. Stewart & Co., Ltd.
Fred Ryan
441-295-8585