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Archive for August 24th, 2012

First Accreditation of Chest Pain Center at Chinese Military Hospital Granted by ASCPC

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GUANGZHOU, China, Aug. 23, 2012 /PRNewswire-Asia/ — Guangzhou General Hospital of Guangzhou Military Command announced thatits Chest Pain Center was granted accreditation by the American Society of Chest Pain Centers (ASCPC).

Professor Joseph Lee Garvey, from the American Society of Chest Pain Centers said, “After reviewing the substantial application documents regarding the hospital’s processes, and touring each area of the hospital, we were extremely impressed with the achievements they have made in establishing a comprehensive Chest Pain Center, and the advanced telemedicine system they developed and used in the whole chest pain rescue process. We therefore declare the Chest Pain Center of this military hospital as an Accredited Chest Pain Center. This hospital demonstrates leadership for the city, the province, and the entire country of China, it is the first Chinese military hospital to achieve this designation.”

On March 27, 2011 Guangzhou General Hospital of Guangzhou Military Command made a landmark announcement thatthe first Chinese regional military and civilian coordinated Chest Pain Rescue Network was established. This Network consists of aChest Pain Rescue Center run by Guangzhou General Hospital of Guangzhou Military Command, Guangzhou Civilian Emergency Center (120), 28 regional civilian hospitals and community health service centers in Guangzhou and its vicinity.

Professor Dingchen Xiang, the medical director of the Chest Pain Center, said, “We historically rewrote the clinical pathway of Chinese chest pain rescue process; we dramatically shortened the chest pain pre-hospital rescue time by 30 minutes on average, achieving the lowest door to balloon open time (D2B) of 21 minutes for a single case, the lowest monthly D2B time of 42 minutes on average, and 72 minutes D2B time on average in a year, while the international standard D2B time is 90 minutes. From April 1, 2011 to March 31 2012, we treated 754 ACS patients with a success rate of 98%.”

Professor Weiyi Qin, the administration director of the Chest Pain Center, said, “The coordination of the Chest Pain Rescue Network is achieved by using IVT’s mHealth system. Vital signs on each site are collected by a 12-leads ECG monitor, a blood pressure meter, an oximeter, and a glucose meter, and transmitted via 3G network in real time to the on-line Personal E-Health Record, where information is shared by all parties in the Chest Pain Rescue Network.”

Press CONTACT: marketing@ivtcorporation.com, +861082898225

SOURCE﹛IVT Corporation

Written by asiafreshnews

August 24, 2012 at 4:27 pm

Posted in Uncategorized

Rackspace Expands Global Reach with Opening of Australian Data Centre

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Australian IT Investment Opens Doors to Enterprise, Financial Markets and Government and Strengthens Commitment To Local IT Industry

SYDNEY, Aug. 22, 2012 /PRNewswire-Asia/ — Rackspace(R) Hosting( http://www.rackspace.com.au ) (NYSE: RAX), the open cloud company, today announced the launch of its first Australian data centre, located at Erskine Park in Western Sydney.

(Logo: http://www.prnasia.com/sa/2011/10/24/20111024115533840674-l.jpg )

The new multi-million dollar investment will support the company’s ongoing growth in Australia. Rackspace can now offer local dedicated hosting and managed virtualisation solutions to larger IT contracts looking to deploy enterprise grade private cloud solutions based on VMWare from enterprise, financial markets and government, or any other customer who prefers to keep their data onshore. The data centre also provides the perfect launch pad for Rackspace’s own, OpenStack-based Open Cloud platform, expected to launch into the local market.

Since entering the Australian and New Zealand markets in 2009, Rackspace has experienced a significant increase in local customer numbers. Mark Randall, Country Manager of Rackspace, Australia and New Zealand said: “Our local customers have learnt that Rackspace is synonymous with the latest in innovative cloud hosting solutions, but the key success driver that really sets us apart from the competition is our focus on service by providing customers with Fanatical Support(R).”

Rackspace has its own global benchmark for tailored customer support levels. Its hallmark customer service experience called Fanatical Support(R), provides personalised service 24x7x365 and has won the company numerous customer service awards. “Australian customers love our support. It really has set us apart in an industry otherwise dominated by telcos, with support models that leave a lot to be desired,” Randall continued.

New South Wales Deputy Premier and Minister for Trade & Investment Andrew Stoner welcomed the investment as another positive step for Sydney’s global profile as a leader for Australia’s ICT sector.

“This is another Australian first for Sydney and New South Wales and fantastic news for our State’s reputation globally as the nation’s ICT and digital hub.

“Sydney and New South Wales are well-positioned for growth in the expanding global digital economy and Rackspace’s investment is another significant vote of confidence in our capacity for innovation and collaboration across the ICT sector,” Mr Stoner said.

The investment will eliminate any doubt about Rackspace’s ongoing commitment to the local market and its Australian customer base, which includes: News Ltd, Webjet, Pacific Brands, Kogan, Lonely Planet, and Treasury Wine Estates.

Goran Stefkovski, Director of IT at Kogan and a recent Rackspace customer, said: “We recently launched our new Kogan website. An important part of the launch included carefully selecting a new hosting partner that provided infrastructure stability as well as flexibility to enable Kogan to implement ‘cutting edge’ hybrid web architectures. We evaluated several major hosting partners, but it was Rackspace’s uptime guarantees, Fanatical Support and proactive management that became the winning factors”.

The Australian data centre adds to its international data centre footprint, which includes existing facilities in Dallas, Chicago, Virginia, London, and Hong Kong. Since the company launched in 1998, Rackspace has grown its global base to over 190,000 customers and currently hosts more than 60 per cent of the Fortune 100 companies.

Jim Fagan, Managing Director of Rackspace, Asia Pacific said: “Delivering Fanatical Support and our services portfolio to our Australian customers is our top priority. As global expansion increasingly becomes part of many Australian businesses’ immediate growth plans, when choosing Rackspace they know they can grow effortlessly with us thanks to our global presence.”

To enhance its delivery of great services, Rackspace has extended its global partnerships with a range of world-class technology solution partners – including Brocade, Cisco, Dell, EMC, Microsoft and RedHat. Combined with Rackspace’s own leading support offering and innovation, customers will benefit from industry leading technology on all levels.

In response to customer requests, Rackspace has recently begun offering customers agreements under New South Wales law, which are compliant with Australia’s National Privacy Principals. This arrangement will be extended to customers hosting at the Sydney data centre.

Alan Schoenbaum, General Counsel of Rackspace said: “Rackspace will not transfer customer owned data from our Australia data centre to a law enforcement agency of another country (including the United States) without a customer’s consent unless it is compelled to do so by Australian law. Data hosted in Australia by Rackspace is subject to the same laws as cloud services operated by wholly owned Australian companies.”

The Australian data centre is built according to Rackspace’s high global standards and the local agreement was negotiated with global partner Digital Realty. It is currently in the late stages of construction and the first customers are expected to go live in late 2012. To ensure it is operated in the same manner as other Rackspace data centres, it includes security certifications upon launch for UTI Tier III Design and Construction, with certifications planned for SSAE16, ISO 27001, ISO 14001, PCI, and ASIO Intruder Resistant once fully operational.

About Rackspace

Rackspace(R) Hosting (NYSE: RAX) is the open cloud company, delivering open technologies and powering more than 190,000 customers worldwide. Rackspace provides its renowned Fanatical Support(R) across a broad portfolio of IT products, including Public Cloud, Private Cloud, Hybrid Hosting and Dedicated Hosting. The company offers choice, flexibility and freedom from vendor lock in. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company and is featured on Fortune’s list of 100 Best Companies to Work For. Rackspace was positioned in the Leaders Quadrant by Gartner Inc. in the “2011 Magic Quadrant for Managed Hosting.” Rackspace is headquartered in San Antonio with offices and data centers around the world. For more information, visit http://www.rackspace.com.au.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Rackspace could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements concerning expected data centre operations at the new facility, operational and financial results, long term investment strategies, growth plans including international expansion plans, the performance or market share relating to products and services; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include infrastructure failures, including failures at the new data centre, the effectiveness of managing company growth, technological and competitive factors, regulatory factors, and other risks that are described in Rackspace Hosting’s Form 10-Q for the quarter ended June 30, 2012, filed with the SEC on August 9, 2012. Except as required by law, Rackspace Hosting assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

SOURCE Rackspace

Written by asiafreshnews

August 24, 2012 at 4:16 pm

Takeda Launches Phase III Clinical Trial in Asia for “TAK-875”, a Potential Diabetic Treatment

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— It is a Multi-National Clinical Trial Joined by Five Countries/Territories in Asia — The First Time Takeda has Developed Medicines in Asia in Parallel with the Rest of the World
— The Trial Hopes to Show that TAK-875 Can Provide Excellent Blood Sugar Control but with a Very Low Risk of Hypoglycaemia

SINGAPORE, Aug. 22, 2012 /PRNewswire-Asia/ — Takeda Global Research & Development Center (Asia) Pte. Ltd. (TGRD Asia) today announced the initiation of a phase III clinical trial for TAK-875, a class of potential treatment for type-2 diabetes, in five countries/territories in the Asia Pacific region, including South Korea, mainland China, Taiwan, Australia and New Zealand. For Takeda in Asia, this is the first time a phase III clinical trial has started in parallel with the rest of the world.

The phase III clinical trial will be conducted for 24 weeks by administering TAK-875 25mg and 50mg to patients with type-2 diabetes in a comparison with placebo. The total planned number of patients in Asia in this study is 750. TAK-875 is a new treatment for type-2 diabetes that works on GPR40, a G-protein-coupled receptor (GPCR) that appears in insulin-secreting cells in the pancreas. It is hoped that TAK-875 will provide the benefit of reducing blood sugar levels, while reducing the risk of hypoglycemia. Hypoglycaemia (low blood sugar) is a serious and sometime life-threatening side effect of many standard diabetes medications.

Including this particular study above, other Asian countries/territories will also participate in global studies involving more than 2,500 patients. These countries/territories include Malaysia, Thailand, the Philippines and Hong Kong SAR.

According to results of a Phase II clinical trial published in The Lancet (Note 1), a research team at University of Michigan Medical College administered TAK-875 to 303 patients among 426 adult patients with diabetes whose blood sugar was neither controlled by metformin nor dietary therapy. The remaining patients were given placebo (61 patients) and another diabetes treatment (glimepiride, 62 patients). An observation after 12 weeks found that blood sugar in patients who received TAK-875 was significantly reduced by a similar amount to those in the glimepiride group. However, significant difference was observed in the rate of hypoglycemia, which was 19% in patients who received glimepiride and 2% in patients who received TAK-875.

Dr James Garner, General Manager for TGRD Asia said, “We are very pleased and excited that the TAK-875 study has entered Phase III trials in this region. The data published in The Lancet is very encouraging and TAK-875 is a potential therapy for the treatment of type 2 diabetes in the future. Patients are central to our focus and Takeda remains committed to developing new therapies and working to improve medical care in this very challenging area.”

Note:
1. The Lancet, Volume 379, Issue 9824, Pages 1403 – 1411, 14 April 2012

About Takeda Global Research & Development Center (Asia) Pte. Ltd.

Headquartered in Singapore, Takeda Global Research & Development Center (Asia) Pte. Ltd. (TGRD Asia) is a wholly owned subsidiary of Takeda Pharmaceutical Company Limited, the largest pharmaceutical company in Japan. Fully integrated into the global development organisation, TGRD Asia serves as a regional hub for non-oncology clinical development. TGRD Asia seeks to bring innovative products to patients through a pipeline that includes compounds in development for metabolic and cardiovascular diseases, respiratory and immunology, central nervous system diseases and other therapeutic areas. For more information on Takeda, visit http://www.takeda.com.

Contact:

Sheo S. Rai
Takeda Global Research & Development Center (Asia) Pte. Ltd.
Tel: +65-6521-2241
Email: sheo-shanker.rai@takeda.com

SOURCE﹛Takeda Global Research & Development Center (Asia) Pte. Ltd.

Written by asiafreshnews

August 24, 2012 at 3:38 pm

Posted in Uncategorized

Takeda Launches Phase III Clinical Trial in Asia for “TAK-875”, a Potential Diabetic

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— It is a Multi-National Clinical Trial Joined by Five Countries/Territories in Asia — The First Time Takeda has Developed Medicines in Asia in Parallel with the Rest of the World
— The Trial Hopes to Show that TAK-875 Can Provide Excellent Blood Sugar Control but with a Very Low Risk of Hypoglycaemia

SINGAPORE, Aug. 22, 2012 /PRNewswire-Asia/ — Takeda Global Research & Development Center (Asia) Pte. Ltd. (TGRD Asia) today announced the initiation of a phase III clinical trial for TAK-875, a class of potential treatment for type-2 diabetes, in five countries/territories in the Asia Pacific region, including South Korea, mainland China, Taiwan, Australia and New Zealand. For Takeda in Asia, this is the first time a phase III clinical trial has started in parallel with the rest of the world.

The phase III clinical trial will be conducted for 24 weeks by administering TAK-875 25mg and 50mg to patients with type-2 diabetes in a comparison with placebo. The total planned number of patients in Asia in this study is 750. TAK-875 is a new treatment for type-2 diabetes that works on GPR40, a G-protein-coupled receptor (GPCR) that appears in insulin-secreting cells in the pancreas. It is hoped that TAK-875 will provide the benefit of reducing blood sugar levels, while reducing the risk of hypoglycemia. Hypoglycaemia (low blood sugar) is a serious and sometime life-threatening side effect of many standard diabetes medications.

Including this particular study above, other Asian countries/territories will also participate in global studies involving more than 2,500 patients. These countries/territories include Malaysia, Thailand, the Philippines and Hong Kong SAR.

According to results of a Phase II clinical trial published in The Lancet (Note 1), a research team at University of Michigan Medical College administered TAK-875 to 303 patients among 426 adult patients with diabetes whose blood sugar was neither controlled by metformin nor dietary therapy. The remaining patients were given placebo (61 patients) and another diabetes treatment (glimepiride, 62 patients). An observation after 12 weeks found that blood sugar in patients who received TAK-875 was significantly reduced by a similar amount to those in the glimepiride group. However, significant difference was observed in the rate of hypoglycemia, which was 19% in patients who received glimepiride and 2% in patients who received TAK-875.

Dr James Garner, General Manager for TGRD Asia said, “We are very pleased and excited that the TAK-875 study has entered Phase III trials in this region. The data published in The Lancet is very encouraging and TAK-875 is a potential therapy for the treatment of type 2 diabetes in the future. Patients are central to our focus and Takeda remains committed to developing new therapies and working to improve medical care in this very challenging area.”

Note:
1. The Lancet, Volume 379, Issue 9824, Pages 1403 – 1411, 14 April 2012

About Takeda Global Research & Development Center (Asia) Pte. Ltd.

Headquartered in Singapore, Takeda Global Research & Development Center (Asia) Pte. Ltd. (TGRD Asia) is a wholly owned subsidiary of Takeda Pharmaceutical Company Limited, the largest pharmaceutical company in Japan. Fully integrated into the global development organisation, TGRD Asia serves as a regional hub for non-oncology clinical development. TGRD Asia seeks to bring innovative products to patients through a pipeline that includes compounds in development for metabolic and cardiovascular diseases, respiratory and immunology, central nervous system diseases and other therapeutic areas. For more information on Takeda, visit http://www.takeda.com.

Contact:

Sheo S. Rai
Takeda Global Research & Development Center (Asia) Pte. Ltd.
Tel: +65-6521-2241
Email: sheo-shanker.rai@takeda.com

SOURCE﹛Takeda Global Research & Development Center (Asia) Pte. Ltd.

Written by asiafreshnews

August 24, 2012 at 3:04 pm

Posted in Uncategorized

Blue Medical Devices Announces New CEO

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Former Director of eLEAF, Noel Coopmans, joins rapid growing innovator in the treatment of vascular diseases

HELMOND, The Netherlands, Aug. 23, 2012 /PRNewswire-Asia/ — Blue Medical, the global medical device company and innovator in the treatment of vascular diseases, today announces the appointment of Noel Coopmans as Blue Medical’s CEO. Noel Coopmans brings more than 15 years of relevant business experience to his new role. Former CEO and founder of the company, Ronald A.M. Horvers, will continue to serve as CFO and CTO, ensuring a firm commitment to the company. The appointment followed the introduction of Blue Medical’s new drug eluting technologies in March of this year and their development into additional coronary and peripheral applications, marking an important new phase in the company’s successful history.

“We welcome Noel’s experience and leadership to the Blue Medical community,” said Mr. Horvers. “His results-oriented approach, entrepreneurial spirit and business acumen will play a pivotal role in extending our track record of innovation, while helping us grow profitability and take full advantage of the global market opportunities ahead. In his new role as CEO, he will be responsible for realizing the full potential of our company and give direction to this new and exciting phase of growth.

“Blue Medical is a very promising and rapid growing innovative company,” said Mr. Coopmans. “With activities and positions on major markets, products registered in over 25 countries and the introduction of the new distinctive drug eluting technology the company has a fascinating growth potential. I see a bright future for Blue Medical, targeting a doubling of turnover in the next 2 years. I am eager to be part of the experienced and dedicated Blue Medical team and the challenges ahead.”

About Blue Medical Located in the Dutch Brainport Area, Blue Medical (http://www.bluemedical.com) is a global medical devices company and innovator in the treatment of vascular diseases. The company develops, manufactures and markets innovative medical products for cardiovascular diseases. Founded in 1998 the company has created a respected history of innovative ideas translated into high-end products and technologies used in different kinds of vascular products. Several patented technologies are licensed or sold to partners and now serve their products for patients care. Every year, over 100.000 patients are treated with Blue Medical devices worldwide.

Blue Medical Devices
B.V. Steenovenweg 19 5708 HN Helmond
The Netherlands

http://www.bluemedical.com

Contact information:

For further information and photo material please contact
Blue Medical Devices
Eefje S.I. Mertens, Marketing Manager
+31-492-588 900
eefje.mertens@bluemedical.com( mailto:eefje.mertens@bluemedical.com )

SOURCE﹛Blue Medical Devices BV

Written by asiafreshnews

August 24, 2012 at 2:54 pm

Posted in Uncategorized

SPRG Wins Two Stevie(R) Awards at the 9th Annual International Business Awards(SM)

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HONG KONG, Aug. 23, 2012 /PRNewswire-Asia/ — Strategic Public Relations Group (“SPRG” or the “Group”) is honoured to announce that it has earned two Stevie(R) awards at the 9th Annual International Business Awards. SPRG assisted clients in garnering awards despite keen competition from more than 3,200 entries this year from more than 50 nations and territories.

The communications campaign, “Bridging Russia and Hong Kong — From Russia with Love” that SPRG developed for United Company RUSAL Plc. (“UC RUSAL”) (HKEx: 486) was honoured with the “Silver Stevie Award” under the “Communications or PR Campaign of the Year — Community Relations” category. Representing a combination of traditional and new media, the programme featured many first-of-its-kind events, such as the publishing of a Russian guidebook and a 5-part TV documentary, entitled “Hong Kong – Moscow: Everyday Heroes”. Other creative tools included a 9-episode radio programme and “Making Friends with Russia” Facebook contest. By promulgating information through various channels, UC RUSAL enjoyed widespread recognition from the Hong Kong public and the local media. More importantly, UC RUSAL successfully achieved its objective of leading the aluminium industry and putting Russia and itself in the spotlight.

SPRG also earned a Bronze Stevie Award inthe “Communications or PR Campaign/Programme of the Year — Investor Relations” category for the IPO communications campaign “Light up Japan” that it devised for SBI Holdings, Inc. (“SBI”) (HKEx: 6488), which coincided with Japan’s tsunami in early 2011. The strategy SPRG proposed was to convert negative associations of Japan’s disasters into positive messages, not by hiding from issues, but by confronting and leveraging the concerns and demonstrating hope, strength, support and teamwork in the face of crisis. The effort eventually reaped fruitful results, with the SBI’s shares satisfactorily over-subscribed and generating positive awareness from the investment community.

In accepting the awards, Chairman and Managing Director of SPRG, Richard Tsang, was pleased to say, “It is a great honour to be presented with the Stevie Awards. SPRG has the expertise in handling communications campaigns that represent first-of-its-kind IPOs; UC RUSAL being the first Russian enterprise and SBI the first Japan-incorporated company to list in Hong Kong. The winning campaign devised for the former was to cope with the client’s continuing need to reach out to various stakeholders in the market. The awards again highlight SPRG’s professionalism and strength in assisting different clients from a wide range of sectors to achieve their communications objectives, be it financial or corporate communications. The Group has completed 12 new listings (i.e. 25% of the market share) to date this year despite poor market sentiments, and this also attests to SPRG’s leading position in the Hong Kong IPO market. We will work even harder with our clients in the future to reach new heights.”

About Strategic Public Relations Group

Established in 1995, Strategic Public Relations Group is one of the largest public relations networks in Asia and the largest public relations consultancy in Hong Kong.

SPRG is an integrated public relations group and an investor relations and financial communications specialist. It is also No. 1 in the Hong Kong IPO/IR communications market, having completed over 240 new listings since inception; capturing 25% of the local IPO market since 2000; and presently advising over 150 listed companies. With 290 professionals working from nine offices in Hong Kong, Beijing, Shanghai, Guangzhou, Taiwan, Singapore and Malaysia, SPRG provides over 250 of its retainer clients with a comprehensive suite of world-class public relations services — all part of being a corporate and marketing communications leader.

Through its own and global affiliation network, SPRG can help its clients access over 100 cities around the world.

SPRG has earned the following accolades since 2009:

Marketing magazine’s Agency of the Year

— Local Hero of the Public Relations Agency of the Year (2010, 2011 & 2012)
— Best PR Campaign — Media Relations (2011) (Client: United Company RUSAL Plc.)
— Local Hero of the Media Relations Agency of the Year (2010)

Campaign Asia Pacific PR Awards 2011

— Financial Communications Campaign of The Year
— Winner (Client: Tang Palace (China) Holdings Limited)
— Certificate of Excellence (Client: Active Group Holdings Limited)
— Corporate Branding Campaign of The Year
— Certificate of Excellence (Client: 3D-GOLD Jewellery (HK) Limited)

Campaign Asia Pacific PR Awards 2010

— Asia Pacific Network of The Year
— Financial Communications Campaign of The Year
— Winner (Client: United Company RUSAL Plc.)

Asia Pacific SABRE Awards 2011

— Asia Pacific Financial Consultancy of the Year
— Winner — Financial Communications (Client: SBI Holdings, Inc.)
— Winner — Corporate Image (Client: 3D-GOLD Jewellery (HK) Limited)

Top 250 Global Rankings — The only HK-based network

— Ranked 59 in 2012
— Ranked 64 in 2011
— Ranked 71 in 2010

Asia Pacific Market Profile Global Rankings — The only HK-based network

— Ranked among the Top 5 in 2011
— Ranked among the Top 10 in 2010

The Holmes Report Asia Consultancy Report Card 2009

— Hong Kong Consultancy of the Year

P&G Taiwan

— Best Integrated Marketing Case in PR Campaign (2010 & 2011)

Enquiries

Strategic Public Relations Group
Eveline WAN
Tel: (852) 2864 4822
Fax: (852) 2114 4948
Email: eveline.wan@sprg.com.hk
Website: http://www.sprg.asia
Member companies: Hong Kong | Beijing | Shanghai | Guangzhou | Taiwan | Singapore | Malaysia

SOURCE﹛Strategic Public Relations Group

Written by asiafreshnews

August 24, 2012 at 1:51 pm

Posted in Uncategorized

Bank SinoPac Goes Live With TEMENOS T24 on Microsoft Windows Server and SQL Server to Fuel Innovation and Gain Competitive Edge

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New banking system centralises operations and supports domestic and international expansion

GENEVA, Aug. 23, 2012 /PRNewswire-Asia/ — Temenos (SIX: TEMN), the market leading provider of banking software, today announced that Bank SinoPac (SinoPac), a leading Taiwanese bank based in Taipei, has successfully gone live with Temenos T24 core banking system to centralise its operations and support the growth of its domestic and global branch network in Hong Kong, Macau, mainland China, Vietnam and the US. All 129 domestic branches in Taiwan, serving three million customers and processing up to two million transactions per day, went live simultaneously. The other locations in Hong Kong, Macau, mainland China, Vietnam and the US will be added to the central hub in Taipei in a second phase.

(Logo: http://photos.prnewswire.com/prnh/20120823/557223 )

Having established itself as a market leader for product innovation in Taiwan, the bank recognised the need to replace its outdated legacy system with a flexible, state-of-the-art core banking system to create a modern, centralised platform for SinoPac’s domestic and overseas business. TEMENOS T24 for Universal Banking was selected based on its functional breadth, open and flexible architecture, and its ability to support SinoPac in the rapid delivery of new products and services to gain competitive edge.

T24 was implemented on Microsoft Windows Server and SQL Server, providing a mission critical platform with high availability, scalability and performance capabilities at a low total cost of ownership. Implementing T24 on Windows Server and SQL Server has enabled SinoPac to benefit from Temenos’ strategic relationship with Microsoft to provide banking solutions that address today’s mission critical industry challenges in a cost effective way, while offering the agility to respond to the business and technology opportunities of tomorrow.

Fully integrated with the bank’s .Net branch system front-end, the new system supports SinoPac in the fast and efficient delivery of innovative, customer-oriented banking services to expand its business. Implemented as a configurable, parameter-driven solution, T24 enables a quick time to market of new products whilst ensuring compliance with local regulation. The new platform efficiently supports Taiwan’s local anti-money laundering requirements, Typhoon day processing and daily interest accrual. It also facilitates fast and cost effective Renminbi Remittance between Taiwan and mainland China within 60 minutes and supports SinoPac’s innovative Money Management Account product, a single deposit account covering multiple currencies and multiple lines of credit to provide customers a consolidated view so they can better evaluate their investment risks.

The implementation of the new core banking system running on modern, open technology has enabled SinoPac to increase flexibility and reduce maintenance and operating costs. By simplifying its system architecture and streamlining its business processes, Bank SinoPac was able to significantly improve its STP rate and reduce its close of business time by fifty percent. Deposit, lending and international banking systems are now all integrated under one common platform, enabling a single customer overview of business in all branches to improve the bank’s risk management and use of credit lines. The flexible system architecture allows the bank to take more ownership of the system on maintenance and new development. The user can obtain and modify data quickly which facilitates innovation and increases the bank’s agility and adaptability to respond to change.

Bank SinoPac’s President, Tina Chiang, said: “We are placing significant importance on IT to gain a competitive edge. With T24 we have quickly and efficiently undertaken a core transformation, establishing a modern core banking platform to support our domestic and international growth. T24 caters to our existing and future needs. The functional breadth of T24 enables us to further improve our product and service offering, so we can maintain our leadership in Taiwan and quickly engage in expansion activities to become a leading brand cross continental services.”

Mark Cullinane, Chief Operating Officer of Temenos said: “SinoPac has taken a leadership position in undertaking a core transformation of its technology architecture. Recent events have shown that banks would do well to sit up, take notice, and take action to migrate their aging legacy systems, in a risk controlled way. Temenos is delighted to have partnered with SinoPac in this project.”

Also commenting on the latest rollout, Robert Tsai, CIO of Bank SinoPac said: “This transformation will enable Bank SinoPac to save fifty percent on hardware maintenance fees annually, up to fifty percent of software maintenance fees over a five-year-investment and provide a higher computation throughput for future business expansion.”

Colin Kerr, Industry Solutions Director of Microsoft, stated: “We share SinoPac’s vision in seeing core system transformation as a lever to drive competitive advantage and growth in today’s banking industry. The outstanding results that SinoPac achieved with T24 based on Microsoft’s mission critical platform is testament to this vision. This highlights continued success of our strategic alliance with Temenos in delivering optimised core banking solutions to greatly help banks maximise efficiency and minimise total cost of ownership, while providing the dependability and flexibility for future growth.”

About Bank SinoPac

Bank SinoPac (‘BSP’), a wholly owned subsidiary of SinoPac Financial Holdings Co., Limited (‘SPFH’), is a full-service commercial bank with banking services equally emphasized in corporate and individual sectors. SPFH is with total assets of well over NT$1,000 billion.

Bank SinoPac current operates through 18 divisions, 1 office and 129 branches in Taiwan. In addition, the bank has an offshore banking unit (OBU), four other branches in Los Angeles, Hong Kong, Macao, and Kowloon, two liaison offices in Vietnam and Nanjing, and one subsidiary in California. The California subsidiary maintains 10 branches in the U.S., one full service branch in Vietnam and one liaison office in Beijing.

About Temenos

Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic, microfinance, community banks, wealth managers, and financial institutions. Headquartered in Geneva with more than 60 offices worldwide, Temenos is proven in over 1,500 customer deployments in more than 125 countries across the world. Temenos’ software products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos’ expertise around the globe. Temenos customers are proven to be more profitable than their peers: as of April 2012 – over the last 3 years Temenos customers have enjoyed on average a 30% higher return on assets, a 46% higher return on capital and a cost/income ratio that is 8.5 points lower than non-Temenos customers.

For more information please visit http://www.temenos.com

Contacts:

Michael Golding
Head of Communications
Tel: +44(0)207-423-3751
Email: mgolding@temenos.com( mailto:mgolding@temenos.com )

Stuart Cooper
Hotwire for Temenos
Tel: +44(0)207-608-4695
Email: temenos@hotwirepr.com( mailto:temenos@hotwirepr.com )

SOURCE﹛Temenos

Written by asiafreshnews

August 24, 2012 at 12:15 pm

Posted in Uncategorized

Sony Mobile Communications Announces New Operational Structure and Reduction in Workforce

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LONDON, Aug. 23, 2012 /PRNewswire-Asia/ — Sony Mobile Communications AB (“Sony Mobile”) today announced that it is altering the global operational structure of its development sites in Tokyo, Japan, Lund, Sweden and Beijing, China. In October 2012, Sony Mobile will move its corporate headquarters and certain other functions from Lund, Sweden, to Tokyo, Japan. Sony Mobile has also redefined the roles and responsibilities of each major development site to leverage the strengths of each respective site. These measures aim to enhance operational and development capabilities of Sony Mobile such as time to market efficiency, streamline supply chain management and drive greater integration with the wider Sony group.

“Sony has identified the mobile business as one of its core businesses and the Xperia(TM) smartphone portfolio continues to gain momentum with customers and consumers worldwide,” said Kunimasa Suzuki, President and CEO of Sony Mobile. “We are accelerating the integration and convergence with the wider Sony group to continue enhancing our offerings, and a more focused and efficient operational structure will help to reduce Sony Mobile’s costs, enhance time to market efficiency and bring the business back to a place of strength.”

In relation to the operational structure changes, Sony Mobile plans to reduce its global headcount by approximately 15 percent (approximately 1000 personnel, including consultants) throughout the financial years of 2012 and 2013 (i.e. by the end of March 2014) as the company seeks to increase operational efficiency, reduce costs and drive profitable growth.

Today Sony Mobile filed a redundancy notification (“varsel”) with the Swedish authorities to notify them that the company expects around 650 employees across a number of functions at Sony Mobile in Lund to be affected by job closures. The remaining headcount reductions will be primarily consultants in Sweden. Lund will continue to be an important strategic site for Sony Mobile, with the main focus on software and application development.

Sony Mobile is a wholly-owned subsidiary of Sony Corporation, following Sony Corporation’s acquisition of Telefonaktiebolaget LM Ericsson’s 50% stake in Sony Ericsson Mobile Communications AB, completed on February 15, 2012.

“Sony” is a trademark of Sony Corporation. “Xperia” is a trademark of Sony Mobile Communications. All other trademarks or registered trademarks are the property of their respective owners.

For more information, images and videos please visit: pressreleases.sonymobile.com

Sony Mobile Communications, Global Communications & PR department

About Sony Mobile Communications

Sony Mobile Communications is a subsidiary of Tokyo-based Sony Corporation, a leading global innovator of audio, video, game, communications, key device and information technology products for both the consumer and professional markets. With its music, pictures, computer entertainment and online businesses, Sony is uniquely positioned to be the leading electronics and entertainment company in the world. Through its Xperia(TM) smartphone portfolio, Sony Mobile Communications delivers the best of Sony technology, premium content and services, and easy connectivity to Sony’s world of networked entertainment experiences. For more information:

http://www.sonymobile.com

FOR FURTHER INFORMATION PLEASE CONTACT: Sony Mobile Communcations, Global Communications and PR, General Press: +44(0)208-762-5858

SOURCE﹛Sony Mobile Communications

Written by asiafreshnews

August 24, 2012 at 12:01 pm

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