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Archive for March 23rd, 2011

AVEVA Announces Contract Win with Hyundai Heavy Industries

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2011-03-23 16:17
HHI makes further investment in AVEVA solutions for increased usage for major offshore projects

SEOUL, South Korea, March 23, 2011 /PRNewswire-Asia/ — AVEVA (LSE:AVV), a leader in engineering design and information management solutions for the plant, power and marine industries, today announced a significant new contract win with Hyundai Heavy Industries (HHI), further increasing its investment in AVEVA solutions.

HHI has fully utilised AVEVA solutions since 1988. It has based its engineering and design on AVEVA solutions for the production of its commercial, offshore and special ships. With increasing offshore projects, Hyundai Heavy Industries (HHI) is further expanding its usage of AVEVA’s 3D design.

“We have a strong working relationship with AVEVA, as demonstrated with our past strategic partnerships. AVEVA have helped us to continue to achieve technological innovation and become a global leader,” said H.Y Kim, General Manager at HHI.

“Our relationship with HHI is an example of AVEVA’s commitment and contribution to the Korean market. HHI have benefitted from higher design efficiency and improved project quality when using AVEVA solutions,” added Peter Finch, President, Asia Pacific at AVEVA.

HHI have recently announced the launch of state-of-the-art drill ship ‘Deepwater Champion’ and a recent order for the world’s largest heavy-lift vessel. AVEVA solutions were used in the design of ‘Deepwater Champion’ and will play a major role in the new heavy-lift vessel project.

About AVEVA

AVEVA is trusted around the world to deliver engineering design and information management solutions with strategic value to leading companies in the plant and marine industries. For further information please visit http://www.aveva.com or http://www.aveva.com/ednotes

Copyright 2011 AVEVA Solutions Limited and its subsidiaries. All product names mentioned are the trademarks of their respective holders

Media contact:

Kate Magill
Communications Manager
AVEVA Corporate
Tel: +44-1223-558204
Email: kate.magill@aveva.com

SOURCE AVEVA Solutions Limited

Written by asiafreshnews

March 23, 2011 at 5:02 pm

Posted in Uncategorized

Global Engineering Consultant Meinhardt Acquires Eigen and Expands India Footprint

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2011-03-23 16:00

Meinhardt

SINGAPORE, March 23, 2011 /PRNewswire-Asia/ — The Meinhardt Group, the global engineering, infrastructure and project management consultancy, today announced it has acquired India-based Eigen Technical Services Pvt. Ltd., a leading provider of advanced engineering services to the global construction industry, from Laing O’Rourke, the privately-owned, international engineering and construction group.

The acquisition will allow Meinhardt to consolidate its presence in India and reinforce its lead as a multidisciplinary firm with a full suite of high-end, cutting-edge design solutions such as Building Information Modelling (BIM). Eigen complements Meinhardt with its wide range of capabilities that serve multiple sectors, including healthcare, aviation and rail, across various geographies including Australia, the Middle East, the United Kingdom, the United States and India. The transaction will enable Laing O’Rourke to focus its resources exclusively on long term strategic goals by deepening its commitment in the key markets that it serves.

Meinhardt, which established its presence in India in 2001, has worked on such projects as the Delhi and Mumbai airports, the Sheraton Hotel in Kolkata and the National Highway (NHAI) – Construction Packages III-A & III-C, India. Eigen will become part of the Meinhardt group of companies and will retain its existing brand and current team of designers in New Delhi and Mumbai.

“India has always been a key market for Meinhardt. With the acquisition of Eigen, a company that has developed a sound reputation and excellent credentials serving top-notch clients, we will be better able to leverage our set-up in India to service both local and international clients,” said Dr. S. Nasim, Meinhardt’s Global Chief Executive Officer.

Mr. Rajesh Srivastava, Meinhardt’s India country director, will be responsible for the integration of Eigen with Meinhardt’s India operations. “With Eigen on board, Meinhardt has cemented its position as India’s leading integrated engineering company, with an unmatched delivery platform to serve our clients across India and globally,” said Mr. Srivastava.

Commenting on the announcement, Mr Bernard Dempsey, Deputy Chairman of Laing O’Rourke said: “We believe that under Meinhardt, Eigen will be able to enhance its standing as a leading technical services provider. The deal will enable Laing O’Rourke to focus its resources and commitment exclusively on providing engineering solutions to our clients in key markets.”

About Meinhardt

Meinhardt is one of the world’s few multidisciplinary and truly integrated engineering, infrastructure and project management consulting firms. Since 1955, we have led the way in delivering innovative and highly buildable designs that always consider our clients’ commercial objectives and global environmental concerns. We employ over 3,000 staff in more than 30 offices worldwide and have worked on some of the largest and most complex building and infrastructure projects. Clients look to us for start-to-end project consultancy ranging from feasibility study, master planning, detailed design, and project management through to delivery, which includes among other capabilities, construction supervision, and testing and commissioning.

In India, we have offices in New Delhi and Chennai and are setting up offices in Mumbai and Kolkata. In 2008, we were awarded the Best Project Management and Engineering Firm of the Year Award at Girem, an urban planning and real estate leadership summit held in Goa, India.

Annually the Group consults on projects worth an estimated US$10 billion and ranks among the largest independent engineering consulting firms globally by revenue. Some of our key projects include Xintiandi (mainland China); TAMAR Development (Hong Kong); Marina Bay Financial Centre (Singapore); MGM Grand Ho Tram Integrated Resort (Vietnam); The Dubai Mall (Dubai, UAE); Muscat International Airport (Oman); KL Central Station (Malaysia); and the Greater Bangalore Water Supply Distribution Network (India).

For more information, visit us at http://www.meinhardtgroup.com.

About Laing O’Rourke

As an international engineering enterprise with a 162-year history of innovation and achievement, Laing O’Rourke funds, designs, manufactures, constructs and maintains the built environment. Our business model comprises the full range of engineering, construction and specialist services capabilities. Our offer is fully integrated to deliver a single-source solution for some of the world’s most prestigious client organisations. Overall, our delivery is founded on a collaborative approach working with clients from concept to completion, advising on and providing the best ways to manage their projects and achieve the greatest value.

The Group is implementing a long-term strategy which aims to create sustainable value that will be shared by all our stakeholders – employees, clients, shareholders and the communities in which we work.

Note to editors:

Media queries should go to:
Jason Leow
Head of Group Corporate Communications
The Meinhardt Group
Tel: +65-6377-9743
Email: jlsl@meinhardt.com.sg

SOURCE The Meinhardt Group

Written by asiafreshnews

March 23, 2011 at 4:31 pm

Posted in Uncategorized

The Hongkong and Shanghai Hotels, Limited Annual Results for the Year Ended 31 December, 2010

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HONG KONG, March 22, 2011 /PRNewswire-Asia/ —

HIGHLIGHTS

Key financial results

— Turnover increased by 12% to HK$4,707 million (2009: HK$4,218 million)
— EBITDA increased by 24% to HK$1,143 million (2009: HK$924 million)
— Net profit attributable to shareholders amounted to HK$3,008 million
(2009: HK$2,660 million)
— Underlying profit attributable to shareholders increased by 26% to
HK$408 million (2009: HK$323 million)
— Earnings per share and underlying earnings per share of HK$2.04 (2009:
HK$1.82) and HK$0.28 (2009: HK$0.22) respectively
— Final dividend of 8 HK cents per share, making a total dividend of 12
HK cents per share for 2010 (2009: 9 HK cents per share)
— Shareholders’ funds as at 31 December 2010 amounted to HK$29,103 million
or HK$19.66 per share (2009: HK$26,147 million or HK$17.79 per share)
— The Group’s adjusted net assets as at 31 December 2010 amounted to
HK$31,888 million (HK$21.55 per share) (2009: HK$28,571 million at
HK$19.44 per share)

Key developments

— The Peninsula Shanghai formally opened its doors on 18 March, 2010 with
a Grand Opening Gala, ushering in an historic moment for HSH as it
returned to one of its two founding cities. Over 3,000 guests from
around the world joined the celebrations.
— Under an agreement signed in December 2009, The Peninsula Shanghai has
commenced the management of building No. 1 at Bund 33 (the former
British Consulate) as a state guesthouse and the leasing of buildings
No. 2, 3 and 4 as well as the basement of the Bund 33 complex for
commercial usage, as from September 2010.
— Construction work for The Peninsula Paris began in September 2010. By
October, site installations had finished while ground and structural
works continued through the end of the year.
— A number of successful renovation projects were completed in several
of our hotels during the year.
— Significant renovation plans have been approved for The Peninsula Hong
Kong and the Repulse Bay Complex to further improve and enhance their
value over the next few years.

HSH’S 2010 RESULTS SHOWED STRONG RECOVERY

The audited results for the year ended 31 December 2010 of The Hongkong and Shanghai Hotels, Limited (HSH) show that the Group’s business performance improved strongly from the year before, with some recovery in the global hospitality markets following the significant downturn caused by the economic crisis which started in August 2008.

The highlight of 2010 was undoubtedly the Grand Opening of The Peninsula Shanghai hotel, which took place on 18 March. Situated in a magnificent location on the famous Bund in Shanghai with commanding views over the Bund and across the river to Pudong, this magnificent hotel represents for our Company a fitting return to one of its founding cities after an absence of over 50 years.

(Logo: http://www.prnasia.com/xprn/sa/200804301910.jpg )

In line with our Company’s philosophy of focusing on a small, select number of hotel projects which we hope can rank amongst the world’s best, no efforts were spared in the design, construction and service standards of The Peninsula Shanghai and this property has already gained widespread recognition both within China and internationally, with the receipt of many prestigious awards.

HSH Chief Executive Officer, Mr. Clement K.M. Kwok, said: “2010 was a year in which we saw some recovery in the global hospitality markets following the significant downturn caused by the economic crisis which started in August 2008. However, whilst hotel revenues recovered partially towards the 2008 pre-crisis levels, inflationary pressures have remained on operating and other costs, especially labour costs, and margins continue to be under pressure. The performance of our hotels have varied quite significantly between different geographical locations, with strength in Greater China but recovery lagging in some parts of the US and Japan.

“It continues to be a strength of our Group that our hotels business is balanced by a strong mix of commercial properties, including several successful high-end shopping arcades inside our hotels, as well as our well-established commercial, residential and office properties.”

The Group’s total turnover in 2010 amounted to HK$4,707 million, up 12% as compared to last year. Earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 24% to HK$1,143 million, while operating profit rose 35% to HK$794 million. We have continued to focus on controlling costs while providing the staff and resources to service the increased business levels and this has resulted in an improvement in EBITDA margin from 22% in 2009 to 24% in 2010.

Inclusive of non-operating items, being principally the year-end investment property revaluation surpluses, the net profit attributable to shareholders was HK$3,008 million, as compared to HK$2,660 million in 2009. The underlying profit attributable to shareholders, which the Group has calculated by excluding the post-tax effects of the property revaluation surpluses and other non-operating items, amounted to HK$408 million, as compared to HK$323 million in 2009, representing an increase of 26%.

HSH’s financial position remains strong. The revalued net assets attributable to shareholders increased by 11% to HK$29,103 million, representing HK$19.66 per share and the gearing remained at a very conservative level of 5% at the year-end. Our net cash surplus for the year, after deducting capital expenditure, interest and dividends, amounted to HK$568 million.

The Directors have recommended a final dividend of 8 HK cents per share (2009: 6 HK cents per share), making a total dividend for the year at 12 HK cents per share. Shareholders will also be given the option to receive their dividend in the form of scrip rather than cash.

On the situation in Tokyo, Mr. Kwok said: “We are of course deeply saddened by the massive earthquake that shook Japan on 11 March 2011 and the suffering and devastation it has caused to the people of Japan. The full extent of the devastation is still to be assessed. However, all of the guests and staff at The Peninsula Tokyo were safe and unharmed and the hotel premises did not suffer any physical damage of significance. On the night of the earthquake, The Peninsula Tokyo opened its doors to the general public, providing hot food and beverages and refreshment facilities to those seeking refuge, while special guestrooms were set aside for pregnant women, mothers with small children, and the elderly who needed a place to rest. The hotel has remained fully operational throughout and will continue to play a role in supporting the community where needed as it faces the challenges that lie ahead as Japan recovers from the earthquake. We have already launched a number of fundraising initiatives in our hotels to assist the relief efforts.

“The impact on our businesses, both in Japan and elsewhere, in the aftermath of this earthquake cannot be fully assessed at this stage. We will, of course, use our best endeavours to manage the financial and other consequences of this disaster and play our part in restoring a healthy operating environment at The Peninsula Tokyo as quickly as possible.”

Hotels

Our Hotels Division recorded a mixed performance as economies around the world recovered at different speeds and travel demographics shifted from established long-haul markets to intra-regional and domestic markets. Challenges remained in some markets where we operate, including weak corporate business, oversupply of luxury hotels and political instability. Nevertheless, we experienced a strong surge in the second half of the year in markets such as Hong Kong and New York.

China: Amongst the Peninsula Hotels, the strongest performance came from our flagship property The Peninsula Hong Kong, where business was revived in both the corporate and leisure segments. Mainland China has become one of the top producing markets for the hotel, along with significant business growth from emerging markets including Russia and the Middle East. The Peninsula Arcade remains highly sought after by leading luxury retail brands and both it and the Office Tower were able to grow their average rent and maintain effectively full occupancy during the year. The Peninsula Shanghai held its Grand Opening Gala in March 2010 and has rapidly established itself as the leading hotel in China. Boosted by the World Expo 2010, the hotel benefited from strong demand from both domestic and international travellers and performed well for a hotel in its first full year of operations. The Peninsula Arcade has been fully occupied by leading luxury retail brands and officially opened in July 2010. Interior fit out work continues for the 39-unit Peninsula Residences, which form part of this complex. The Peninsula Beijing was able to maintain a leadership position in the capital whilst competition from the large supply of other luxury hotels remained intense. There was a significant recovery in revenue as compared to last year and the important stream of revenue from the Peninsula Arcade remained robust. The hotel’s Arcade upgrade is currently underway.

Asia: The Peninsula Tokyo, in its third year of operation, has become a landmark in Japan’s capital. The hotel saw a surge in Asian and Middle Eastern visitors, who were relatively unaffected by the global economic crisis, and its revenue increased significantly from the previous year. Its wedding market was also robust. In Thailand, The Peninsula Bangkok was hit by anti-government demonstrations from April to June, which crippled Bangkok and led to gloomy forecasts for Thailand’s vital tourism sector. However, tourism rebounded to a limited extent in the final quarter of the year. At The Peninsula Manila, there was a marked improvement in business during 2010 and the hotel was further supported by the opening of Salon de Ning in December. Continuing the Salon de Ning theme at the Peninsula hotels in Hong Kong, Shanghai and New York, this venue has already become a leading nightspot in Manila.

USA: The Peninsula New York completed the final phase of its guestroom renovation in September 2010, which positioned the hotel favourably for future growth. The number of business and leisure travellers increased during the year although competition remained intense within the luxury hotel segment. The booming business we experienced in the fourth quarter, reminiscent of the pre-crisis period, bodes well for the hotel. Business was weak for The Peninsula Chicago, which is highly dependent on domestic and corporate business. Nevertheless, the hotel continues to be recognised as one of the best in the US and its well-recognised leading market position places it strongly for future recovery. The Peninsula Beverly Hills has sustained business remarkably well throughout the economic crisis. In 2010, it enjoyed significant business improvement, particularly from the entertainment industry and the Middle East market. In October 2010, the hotel embarked on a comprehensive guestroom enhancement programme which will continue through the first half of 2011.

Overall, the revenue and EBITDA of the Hotels Division for the year were HK$3,576 million and HK$604 million, an increase of 12% and 40% respectively as compared to 2009.

Commercial Properties

As in past cycles, the Commercial Properties Division proved more resilient during the economic downturn than the Hotels Division, providing stable income contribution to the Group’s earnings.

The most important asset in this Division is the Repulse Bay Complex. In the first full year after the revitalisation of the Complex’s restaurants and shopping arcade, food and beverage income was significantly increased and the shop spaces were fully let, reflecting the success of the renovation. Leasing demand for the apartments remained strong. The total revenue of the Complex rose 8% from 2009 to HK$505 million. In order to continually enhance the value and attractiveness of this important asset, a major improvement plan has been approved. Starting in mid 2011, this will comprise a three-year phased programme that will significantly upgrade all the public areas of the residential towers and improve the layout and efficiency of the serviced apartment tower.

The Peak Complex enjoyed an increase in income over 2009, due to its strong positioning in the tourist market. The Peak Tower achieved 100% occupancy during the year and recorded an increase of 24% in year-on-year revenue. The Sky Terrace welcomed a record number of visitors. St. John’s Building enjoyed a high occupancy throughout the year with a 6% increase in revenue.

At The Landmark in Vietnam, both the office and residential towers maintained high occupancies, yet revenues were 15-18% lower than 2009 due to intense competition in Ho Chi Minh City.

Overall, the revenue and EBITDA of the Commercial Properties Division for the year were HK$688 million and HK$450 million respectively, an increase of 8% as compared to 2009.

Clubs & Services

The 122-year-old Peak Tram has maintained its position as one of Hong Kong’s most popular tourist attractions. In 2010, patronage of the Peak Tram rose to a record 5.4 million passengers, an 11% increase from 2009 and in line with the growth in visitor numbers in Hong Kong.

Income from our club management activities rose, with a major contribution coming from our management of the Cathay Pacific lounges at the Hong Kong International Airport. The Thai Country Club maintained the same number of golfers in 2010 but increased its revenue by 12% over 2009. At Quail Lodge, the hotel portion remained closed but the golf course and Clubhouse were open to service the Club’s 300-plus members and catering clientele. Peninsula Merchandising achieved record sales in Hong Kong and Asia for its signature mooncakes during Mid Autumn Festival, while retail sales at the Peninsula Boutique in The Peninsula Hong Kong were very strong.

Overall, the revenue and EBITDA of the Clubs & Services Division for the year were HK$443 million and HK$89 million, an increase of 10% and 20% respectively as compared to 2009.

Projects and Developments

The focus of our projects and development activities continues to be on (i) the establishment of a small and select number of new Peninsula hotels in key international gateway cities and (ii) continual enhancement of our existing hotels and other properties so as to maximise their long term value.

In Shanghai, following the grand opening of the hotel portion in March 2010, we focused on working with the various retail tenants to complete the Peninsula Arcade for its grand opening on 1 July 2010, as well as progressing with the interior construction and fit-out of the 39 apartment units which form part of The Peninsula Shanghai complex. Given the unique location of these apartments and taking a positive view of the long term value of this asset, it has been decided to hold these apartments as investment property and it is expected that they will be offered for rental as from the second half of 2011.

We have also worked closely with a company associated with the Huangpu District Government in relation to the construction and fit-out of the former British Consulate buildings, now named Bund 33. Under an agreement signed in December 2009, The Peninsula Shanghai has commenced the management of the building No. 1 as a state guesthouse and the leasing of buildings No. 2, 3 and 4 as well as the basement of the Bund 33 complex for commercial usage, as from September 2010.

The next Peninsula hotel currently under construction is in Paris. Conversion of this magnificent, century-old Beaux Art building to become The Peninsula Paris hotel commenced in September 2010, following the appointment of the general contractor in July 2010. At the same time, interior designs for the hotel’s public areas and guestrooms are at an advanced stage. The Peninsula Paris will be the Group’s first hotel in Europe and is scheduled to open in 2013.We continue to look for future new Peninsula hotel developments, but remain very selective in seeking opportunities in exceptional locations in key gateway cities which offer the potential to build a hotel to Peninsula’s full requirements. A lot of time and effort goes into this endeavour and I hope to be able to report further progress in due course.

In the meantime, we continue to devote significant efforts to the continual enhancement of our existing assets. During the year, plans have been finalised for an ambitious upgrade of the guestrooms at The Peninsula Hong Kong. The current guestrooms set a new level of technology and functionality within the industry when they were unveiled some 17 years ago and the aim is to raise the bar once more with this new product, the construction of which is expected to commence in 2012 at a projected cost of approximately HK$450 million.

We have also approved a spend of approximately HK$731 million in a phased programme over the next three years to revitalise the public areas of the residential portions of the Repulse Bay Complex, as well as to reconfigure the de Ricou serviced apartment tower to increase efficiency and functionality. We believe this investment will further enhance the value of the Repulse Bay Complex which is currently valued at over HK$13.7 billion.

Many projects are undertaken on an ongoing basis to maintain and enhance our existing hotels and other properties. During the year, these have included the final stage of the guestroom renovation programme at The Peninsula New York, the start of a comprehensive guestroom renovation programme at The Peninsula Beverly Hills and the creation of new outlets such as the Salon de Ning at The Peninsula Manila.

Outlook

The strength of our Group continues to emanate from our genuine commitment to the long term, which provides the vision and willingness to invest in assets for their long term value creation and the staying power to ride through shorter term cycles in the economy without compromising the quality of our products and services. In the volatile economic circumstances that we regularly encounter in today’s environment, this long term commitment has enabled us to make investment and capital expenditure decisions with a long term outlook and to maintain our service quality and the continuity of our people. With this philosophy in mind, we remain optimistic that we are continuing to chart a course which will maximise the quality and value of our assets and deliver long term returns to our shareholders.

In the more immediate future, we are optimistic that the recovery in some markets that became apparent in the latter part of 2010 will continue into 2011. Generally, the economic development of and outlook for Hong Kong and China, where the bulk of our assets are based, continues to be positive and we expect this to be reflected both in the trading results of our hotel operations and the performance of our non-hotel commercial properties. However, for our operations generally, there is no doubt that in the labour intensive hotel industry, management of margins in the light of an ever increasing cost base continues to be a difficult challenge and the economics between revenue and costs continue to be imbalanced in several of the markets in which we operate.

Sustainable development continues to be high on our agenda. Much of our efforts here are focused on the development and well being of our staff, where during the year we rolled out a completely revamped human resources manual. Significant efforts have also been made and continue to be made in the areas of energy efficiency, water consumption, indoor air quality, waste management, responsible sourcing and community involvement. Our energy intensity and water usage intensity figures have continued to improve and a new set of sustainable design standards for hotels has been adopted for our future developments.

Our corporate development and investment strategy continues to focus on the enhancement of our existing assets, seeking opportunities to increase their value through new concepts or improved space utilisation, and the development of a small number of the highest quality Peninsula hotels in the most prime locations with the objective of being a long term owner-operator. This is the approach which we believe has enabled us to establish and sustain a brand which is now recognised as possibly the leading luxury hotel brand in the world, thereby creating long term value in each Peninsula hotel through both asset value appreciation and operational earnings growth.

About The Hongkong and Shanghai Hotels, Limited (HSH)

Incorporated in 1866 and listed on The Stock Exchange of Hong Kong (00045), HSH is the holding company of a Group which is engaged in the ownership, development and management of prestigious hotel, commercial and residential properties in key locations in Asia, the United States and Europe, as well as the provision of transport, club management and other services. The hotel portfolio of the Group comprises The Peninsula Hotels in Hong Kong, Shanghai, Beijing, New York, Chicago, Beverly Hills, Tokyo, Bangkok, Manila and Paris (opening in 2013). The property portfolio of the Group includes The Repulse Bay Complex, The Peak Tower and The Peak Tramways, St. John’s Building, The Landmark in Ho Chi Minh City, Vietnam and the Thai Country Club in Bangkok, Thailand.

For further information on this release, please contact:

Irene Lau
Senior Manager, Corporate Affairs
The Hongkong and Shanghai Hotels, Limited
Tel: +852-2840-7788
Fax: +852-2840-7567
Email: irenelau@peninsula.com
Websites: http://www.hshgroup.com , http://www.peninsula.com

SOURCE The Hongkong and Shanghai Hotels, Limited

Written by asiafreshnews

March 23, 2011 at 4:00 pm

Posted in Business & Finance

Team Italy Wins the Seventh Annual 42BELOW Cocktail World Cup

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QUEENSTOWN, New Zealand, March 22, 2011 /PRNewswire-Asia/ —

In the most fiercely contested competition in its seven year history, crowd favourites Team Italy tonight won the 2011 42BELOW Cocktail World Cup.

To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/cocktailworldcup/49235

(Photo: http://www.prnasia.com/sa/2011/03/22/20110322761045.html )

Right from day one, Italy made up of Daniele dalla Pola, Alexander Frezza and Luca Sai established itself as the contestants’ favourite, each challenge bringing with it a new outfit and a new concept. But despite their sartorial style, they remained at the bottom of the points table- until tonight’s flawless performance. Their final drink ‘Elisir d’Amore’ was described by the judge Jacob Briars as ‘incredibly well balanced and totally surprising.’

Italy took home the prestigious title and the trophy by less than half a percentage point, with USA in second place and Scotland in third. USA were classy as ever with their delivery of their 1920’s inspired ‘P.T. Pear Fizz’ and Scotland produced ‘Let’s Get Fizzical’ in slightly disturbing black and white lycra bodysuits.

But the judges were unanimous in their praise for Italy, a team which judge Salvatore ‘Maestro’ Calabrese said perfectly illustrated the ‘brotherhood of bartending.’ Not only did they produce a drink that pushed the boundaries of their craft, they delivered it as only an Italian can, with pure flourish. “All week we had been behind in the competition, we never thought we would win so we decided we would just have a great party. Our win means so much to Italy and Kia Ora Queenstown, we may well move here,” said Alexander Frezza.

New York based judge and best selling drinks writer David Wondrich said the competition was the hardest he had ever judged, “the standard of the competitors and the competition itself is like nothing I have ever experienced before. I have been blown away by my week in Queenstown.”

After a week of challenges in and around Queenstown the seven teams from London, Europe, Scotland, Australia, New Zealand, the US and Italy presented their ‘signature’ drink to four judges including New Zealand bartending legend and 42BELOW global vodka professor Jacob Briars, Australian Bartender of the Year Jason Williams, cocktail author and historian David Wondrich and the ‘godfather’ of the UK drinks scene, Salvatore Calabrese.

The grand final event was held under a spectacular big top marquee at the Lake Hayes Showgrounds, just outside Queenstown, with hundreds of guests delving into the magical, mystical world of the carnival with an extravaganza of performers, sideshows and the best in mixology.

For more information, interviews and images contact Belinda@42below.com.

A selection of the event’s best images are available for download at http://www.photobucket.com/home/42BELOWCWC/index

For more information and press releases from the week go to http://www.cocktailworldcup.com

RECIPE OF THE DAY:

2011 COCKTAIL WORLD CUP CHAMPIONS TEAM ITALY

Elisir D’Amore

45 ml pineapple and black pepper-infused 42BELOW
5 ml lavender-infused 42BELOW
20 ml limoncello
15 ml orange, lemon and Ginger syrup
5 ml Chambord
50 ml fresh pineapple juice
2 dashes Fernet Branca
Shake with ice. Strain into a bottle, serves two.

SOURCE﹛42BELOW

Written by asiafreshnews

March 23, 2011 at 11:55 am

Posted in Uncategorized

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Splunk 4.2 Delivers New Levels of Operational Visibility

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New Version Adds Real-time Alerting, Enhanced Support for Global Deployments and Improved User Productivity

SAN FRANCISCO, March 23, 2011 /PRNewswire-Asia/ — Splunk, the leading provider of operational intelligence software, today announced the general availability of Splunk 4.2, its software that collects, indexes and harnesses any machine data generated by an organization’s IT systems and infrastructure — physical, virtual and in the cloud.

Splunk 4.2 builds on the innovation of previous releases, adding real-time alerting, a new Universal Forwarder, improved usability and performance, and centralized management capabilities for distributed Splunk deployments.

Splunk will demonstrate the operational intelligence capabilities of Splunk 4.2 at upcoming SplunkLive! events in Singapore and Hong Kong on April 12 and 14 respectively. Splunk customers Nanyang Technological University, Aviva Asia and Crossroads will each share their Splunk experience at these events. For more information about SplunkLive!, visit http://www.splunk.com/page/events.

“This new release has a strong emphasis on supporting organizations that have deployed Splunk around the globe,” said Erik Swan, Splunk CTO and co-founder. “In Splunk 4.2 we made it easier to deploy Splunk to tens of thousands of machines, with simpler data collection and real-time alerting across a global infrastructure.”

Machine data holds a wealth of information that can be used to obtain operational intelligence and provide valuable insights for IT and the business. Splunk is the engine for machine data that helps enterprises improve service levels, reduce operations costs, mitigate security risks, enable compliance and create new product and service offerings.

“Our CIO is driving a real-time initiative across the organization so business users can have greater insights into operations,” said Michael Vierling, associate director, engineering, AT&T Interactive. “Splunk’s ability to correlate and alert in real-time on events, and rapidly build dashboards gives us real-time visibility into our infrastructure and the ability to deliver quickly on our CIO’s decree.”

Splunk 4.2 new features include:

Real-time alerting. Provides immediate notification and response for events, patterns, incidents and attacks as they occur.
Universal Forwarder. New dedicated lightweight forwarder delivers secure, distributed, real-time data collection from thousands of endpoints with a significantly reduced footprint.
Easier and faster. New ways to visualize data, quick start guides for new users, integrated workflows for common tasks and up to 10 times faster search experience in large-scale distributed deployments.
Easier management of Splunk. New centralized deployment monitoring and license management facilitate the management of multiple Splunk instances from a single location.
“Splunk 4.2 increases user productivity and our partners and customers will find Splunk easier to implement and manage,” said Robert Lau, Area VP, Asia Pacific & Japan at Splunk. “The new release features new self-guided data input and integrated workflows, enabling users to develop new applications, generate alerts and reports with ease.”

For more on the Splunk 4.2 release:

Download a free copy here: http://www.splunk.com/goto/Download_4_2
Watch the Splunk 4.2 video: http://www.splunk.com/goto/4_2video
Read about what’s new in 4.2: http://www.splunk.com/goto/whatsnew
About Splunk

Splunk is the leading provider of operational intelligence software used to monitor, report and analyze real-time machine data as well as terabytes of historical data—located on-premise or in the cloud. Almost half of the Fortune 100 and more than 2,300 enterprises, service providers and government organizations in 74 countries use Splunk to improve service levels, reduce IT operations costs, mitigate security risks, and drive new levels of operational visibility.

For a new approach to IT, visit http://www.splunk.com, or visit http://www.splunk.com/download to download a free copy.

For more information, please contact:

Media Contacts:
Joe Fitzpatrick
Splunk Inc
+1-415-848-8553
jfitzpatrick@splunk.com

Clara So
Splunk Inc
+852-9108-2086
cso@splunk.com

SOURCE Splunk

Written by asiafreshnews

March 23, 2011 at 11:22 am