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Archive for December 7th, 2012

Wynyard Group Sign Strategic Alliance with Leading Global Security Company Northrop Grumman

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LONDON/PRNewswire/ — Wynyard Group, the specialists in intelligence-led solutions for protecting companies and countries from threat, crime and corruption, has entered into a strategic alliance with Northrop Grumman Corporation (NYSE:NOC) to market and develop joint offerings to the US public sector and commercial markets.
Virginia-based Northrop Grumman, one of the world’s leading security companies and the fourth-largest defence contractor with revenues of US $26.4 billion, will leverage its significant market presence and expertise within the US Federal Government to jointly offer the portfolio of Wynyard’s solutions.
Wynyard Group CEO, Craig Richardson says that this strategic alliance combines the market power, resources and expertise of Northrop Grumman with Wynyard’s leading specialist knowledge and solutions in Risk Management, Intelligence, Investigations and Digital Forensics.
“Joining forces with Northrop Grumman creates a compelling new market proposition and choice for Northrop Grumman’s portfolio of customers in the national security, public safety, and commercial markets.
“Our two companies complement each other’s strengths. Through this relationship we will increase the breadth of solutions Northrop Grumman offers to address emerging global security challenges its customers face,” says Richardson.
Edward Swallow, vice president of business development, Civil Systems, Northrop Grumman Information Systems says: “Adding Wynyard’s proven risk management, intelligence and investigation expertise to our capabilities makes good sense and brings additional value to our customers that require innovative, affordable, agile and technologically advanced solutions.”
This partnership further positions Wynyard at the forefront of the global technology fight to combat growing crime, corruption and threat.
“Wynyard is delivering on an aggressive growth strategy with game changing innovations to help organisations facing problems growing in complexity, scale and impact.
“This partnership clearly shows that Wynyard’s solutions are compelling and relevant for the world’s best-known government and commercial markets,” said Richardson.
About Wynyard Group
The Wynyard Group specialise in powerful solutions that detect, investigate and protect companies, communities and countries from threat, crime and corruption. Wynyard provides solutions in risk management, intelligence, investigations and digital forensics to over 2,000 clients worldwide in national security, public safety, critical infrastructure and financial services markets.
For more information please contact:
Craig Richardson
Chief Executive Officer
Wynyard Group
Mobile: +44-7815-948-632
Email: crichardson@wynyardgroup.com
Paul Stokes
Wynyard COO
Mobile: +44-7792-109-822
Email: pstokes@wynyardgroup.com
Source: Wynyard Group

Written by asiafreshnews

December 7, 2012 at 3:15 pm

Posted in Uncategorized

Air China Taps CyberSource to Secure Call Center Payments across Asia with Payment Security and Fraud Management Solutions

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SINGAPORE and BEIJING /PRNewswire/ — CyberSource, a Visa company (NYSE Code: V) and one of the world’s largest providers of eCommerce payment management services, today announced that it has signed an agreement with China’s national airline Air China, to provide payment gateway and fraud management services for its international sales and service hotline.
Air China launched its international sales and service hotline in Singapore, Hong Kong, Australia and the Philippines to provide better service to their travelers. This was supported by CyberSource’s international payment gateway and risk management services. The 800 hotline number, using Air China’s Interactive Voice Response (IVR) payment services, supported by CyberSource’s solutions, will also be rolled out gradually in four other markets — Taiwan, UAE, Thailand and India.
This CyberSource-enabled infrastructure is a critical element in Air China’s strategy to increase its share of the regional market by extending its high quality, customer experience to each new market, immediately upon service inception. In October, Air China served 160,100 regional and 526,400 international passengers (Note 1).
“It is an honor to be a part of Air China’s newly launched call center solution,” said Poon Khye Wei, Regional Director, Greater China & Korea for CyberSource. “Payments that are made via Air China call centers’ IVR system, supported by CyberSource payment gateway and fraud screening solutions, will protect Air China from fraud and keeping sensitive payment data off Air China’s networks. This same CyberSource connection can also be used by Air China to support other payment channels as Air China scales its operations.”
In a statement, Air China said: “Our aim is to continue to provide convenience to overseas travelers. As part of our offering, Air China’s customer service staff will provide the traveler’s itinerary over the phone and when the traveler is ready to proceed with payment, we will switch the call to the IVR system, supported by CyberSource and the traveler can continue with card number entry and the ensuing checks to complete the payment process.”
CyberSource’s fraud-management technology and processes feature the world’s largest fraud detection radar, and include over 250 tests for fraudulent activity — all in the space of a couple of seconds. Its payment gateway and payment security services facilitate secure cross-border transactions in multiple payment types, currencies, and transaction environments. Banks, merchants and third-party service providers are using CyberSource technology to capitalize on the growth of eCommerce in China and around the region to expand their business.
For more information on CyberSource products, visit http://www.cybersource.com/asiapacific.
Note 1: http://www.airchina.com.cn/www/en/html/index/ir/traffic/
About CyberSource
CyberSource Corporation, a wholly-owned subsidiary of Visa Inc., is a payment management company. Over 370,000 businesses worldwide use CyberSource and Authorize.Net brand solutions to process online payments, streamline fraud management, and simplify payment security.
The company is headquartered in San Francisco and maintains offices throughout the world, with regional headquarters in Singapore (Asia Pacific); Tokyo (Japan), Miami/Sao Paulo (Latin America and the Caribbean), and Reading, U.K. (Europe/Middle East/Africa).
CyberSource operates in Europe under agreement with Visa Europe. For more information, please visit http://www.cybersource.com/asiapacific.
About Air China
Air China Limited (“Air China”) and its predecessor, the former Air China, were founded in 1988. According to the “Civil Aviation System Reform Program” which was approved and passed by the State Department in October 2002, the former Air China consolidated with China National Aviation Company and China Southwest Airlines and founded China Aviation Group Company. Based on the combined air transportation resources of the three entities, the new Air China Company was established. On September 30th, 2004, approved by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), Air China Limited was officially launched in Beijing, operating air transport services as its primary business and controlled by the China Aviation Group. On December 15th, 2004, Air China successfully listed in Hong Kong (SEHK: 0753) and London (LSE: AIRC).
Air China is China’s exclusive national flag carrier for civil aviation, a member of the Star Alliance, the world’s largest airline alliance, and it was the official airline partner of the 2008 Beijing Olympic Games. It ranks first among domestic airline brands (evaluated by the World Brand Laboratory as having a brand value of RMB 61.885 billion in 2012) and it is leading ahead of its domestic competitors in passenger and freight air transport and related services.
As of December 31, 2011, Air China (including holding companies) owns 432 Boeing and Airbus aircraft, with an average age of 6.77 years; operates a total of 282 passenger flight routes, including 71 international routes, 14 regional routes, and 197 domestic routes covering 30 countries and regions worldwide connecting 143 cities, including 43 international cities, 96 domestic cities and four regions. In cooperation with Star Alliance member airlines, its service network is further extended to 1,160 destinations in 181 countries.
Air China is committed to providing passengers with “Four Cs” service: Credibility, Convenience, Comfort and Choice. Air China PhoenixMiles, the frequent flyer program, has the longest history of any frequent flyer program in China. Air China was the first domestic civil airline to launch two classes of premium service. Currently, Air China’s ground service provides support for 940 departure and arrival flights each day in Beijing, up to 1,026 flights on peak travel days, and 79 flights per hour during peak hours.
For five consecutive years from 2007 to 2011, Air China was listed among the “top 500 global brands”, becoming the only Civil Aviation airline ever listed. In June 2012, Air China was rated 24th among China’s 500 most valuable brands by the World Brand Laboratory, and the first in the domestic aviation service sector. The Air China brand has been jointly awarded one of “China’s Top Ten International Brands” by the Financial Times of Great Britain and American McKinsey Management Consulting Company.
Media Contacts:
Grace Lam James Dyson
Fleishman-Hillard Hong Kong Fleishman-Hillard Hong Kong
Tel: +852-2111-3552 Tel: +852-2111-9858
Mobile: +852-9130-0656 Mobile: +852-9381-1460
Email: grace.lam@fleishman.com Email: james.dyson@fleishman.com
Source: CyberSource Corporation

Written by asiafreshnews

December 7, 2012 at 2:29 pm

Posted in Uncategorized

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Krispy Kreme Celebrates 500th International Location

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WINSTON-SALEM, N.C., Dec. 6, 2012 /PRNewswire/ — As the company builds on its growth momentum in existing and new international markets, Krispy Kreme Doughnut Corporation will celebrate its 500th international store in operation with the opening tomorrow of a new franchise shop in Aguascalientes, Mexico. Since opening its first international location 11 years ago, the Company has strategically expanded its brand footprint into 20 international markets across Latin America, Asia Pacific, the Middle East, and the United Kingdom. With recently announced development agreements for Moscow, India, and Singapore, Krispy Kreme continues to grow its international presence in key markets around the world.

(Photo: http://photos.prnewswire.com/prnh/20121206/CL24253 )

Krispy Kreme Doughnuts first opened in Mexico in 2004, and the new Aguascalientes store is the 90th Krispy Kreme store in Mexico. The Mexico franchise is owned and operated by Taco Holding, S.A. de C.V, a dynamic and successful group that was recently named Krispy Kreme’s 2012 International Franchisee of the Year. Several exciting promotional activities are planned for fans as part of the new store opening.

“Sharing the unique Krispy Kreme brand experience with more and more fans around the globe is incredibly rewarding,” said Jeff Welch, Krispy Kreme President – International. “Aguascalientes is our 500th international store in operation, and I believe we have only just begun to see what is possible for our brand globally. A free-standing fresh store, it exemplifies and demonstrates the strength of our hub and spoke model approach. As a result of a strategic approach to international growth, today we have commitments for nearly 400 additional international locations, so we are well on our way to meeting our corporate goal of 900 international stores by the end of FY17.”

“We are honored to be opening the 500th international Krispy Kreme store as we now enter the Aguascalientes market in Mexico,” said Ramon Soler, Executive Director Krispy Kreme Mexico, and COO of Taco Holding. “Our partnership with Krispy Kreme has never been stronger, and today we salute and celebrate with them on achieving such a significant milestone.”

Krispy Kreme President and Chief Executive Officer, Jim Morgan, commented, “Krispy Kreme is a unique and beloved brand around the world, and we could not be more proud of our successful international operations team and our international franchisees than we are on this significant occasion.”

The Krispy Kreme Original Glazed® doughnut can be found in over 730 locations in 21 countries, including Australia, Bahrain, Canada, China, Dominican Republic, Indonesia, Japan, Kuwait, Lebanon, Malaysia, Mexico, the Philippines, Puerto Rico, the Republic of Korea, Qatar, the Kingdom of Saudi Arabia, Thailand, Turkey, the United Arab Emirates, the United Kingdom and the United States.

About Taco Holding, S.A. de C.V
Taco Holding, S.A. de C.V is the licensed franchisee of Krispy Kreme Doughnut Corporation in Mexico. Founded in March 2011, Taco Holding also has the rights to the premium-quality brands Arrachera House, Sixties Burger, Sbarro, Neve Gelato and Cafe Diletto. Taco Holding has more than 300 retail locations in Mexico and more than 2,000 employees. http://www.tacoholding.com

About Krispy Kreme
Krispy Kreme (NYSE: KKD) is a leading branded specialty retailer and wholesaler of premium quality sweet treats and complementary products, including its signature Original Glazed® doughnut. Headquartered in Winston-Salem, NC, the Company has offered the highest quality doughnuts and great tasting coffee since it was founded in 1937. Connect with Krispy Kreme at krispykreme.com and on Facebook, Foursquare, Twitter and YouTube.

Information contained in this press release, other than historical information, should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management’s beliefs, assumptions and expectations of our future economic performance, considering the information currently available to management. These statements are not statements of historical fact. Forward-looking statements involve risks and uncertainties that may cause our actual results, performance or financial condition to differ materially from the expectations of future results, performance or financial condition we express or imply in any forward-looking statements. The words “believe,” “may,” “could,” “will,” “should,” “would,” “anticipate,” “estimate,” “expect,” “intend,” “objective,” “seek,” “strive” or similar words, or the negative of these words, identify forward-looking statements. Factors that could contribute to these differences include, but are not limited to: the quality of Company and franchise store operations; our ability, and our dependence on the ability of our franchisees, to execute on our and their business plans; our relationships with our franchisees; our ability to implement our international growth strategy; our ability to implement our new domestic small shop operating model; political, economic, currency and other risks associated with our international operations; the price and availability of raw materials needed to produce doughnut mixes and other ingredients, and the price of motor fuel; our relationships with wholesale customers; our ability to protect our trademarks and trade secrets; changes in customer preferences and perceptions; risks associated with competition; risks related to the food service industry, including food safety and protection of personal information; compliance with government regulations relating to food products and franchising; and increased costs or other effects of new government regulations relating to healthcare benefits. These and other risks and uncertainties, which are described in more detail in the Company’s most recent Annual Report on Form 10-K and other reports and statements filed with the United States Securities and Exchange Commission, are difficult to predict, involve uncertainties that may materially affect actual results and may be beyond the Company’s control, and could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements. New factors emerge from time to time, and it is not possible for management to predict all such factors or to assess the impact of each such factor on the Company. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

Written by asiafreshnews

December 7, 2012 at 11:12 am

Posted in Uncategorized

Pratt & Whitney Singapore Engine Center Celebrates 7,000th Engine Delivery

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SINGAPORE/PRNewswire/ — Pratt & Whitney today announced its Singapore engine center celebrated more than 30 years of operations with the milestone delivery of its 7000th overhauled engine. Pratt & Whitney is a division of United Technologies Corp. (NYSE: UTX).
Since beginning operation, the Singapore engine center has delivered 3,730 PW4000 series of engines (that power Airbus A300, A310 and A330 aircraft family as well as Boeing 747, 767, 777 and MD11 aircraft), 174 CFM56 engines (that power Airbus A340 aircraft), 47 GE90 engines (that power Boeing 777 aircraft) and 3,049 JT9D series of engines (that power Boeing 747-100 aircraft).
A joint venture between Pratt & Whitney and SIA Engineering Co., the engine center also recently surpassed the US-billion-dollar revenue mark. Growing from its beginnings to support Singapore Airlines’ (SIA) 747 fleet, the engine center today maintains a diverse portfolio of customers from around the world – with approximately 50 percent from the Americas, 40 percent from Asia Pacific and the remaining from Africa, Europe and Middle East.
“This milestone delivery of 7,000 engines is a substantial accomplishment,” said William Kircher, Pratt & Whitney’s Singapore Overhaul and Repair vice president. “We are pleased our Singapore engine center has accomplished this feat, demonstrating it has developed world-class service excellence, is able to provide high quality engine repair and overhaul services, and wins customers from all over the world.”
“We’re also thankful for the support from the Singapore government over these years. We hope to see many more milestones from the Singapore engine center, and look forward to working closely with Singapore as we continue to grow our presence on the island.”
The Pratt & Whitney Singapore engine center, Eagle Services Asia Pte Ltd (ESA), currently maintains a capacity to overhaul up to 300 jet engines annually and employs close to 900 employees. As part of Pratt & Whitney’s Global Service Partners network providing large commercial engine maintenance, repair and overhaul (MRO) services to customers worldwide, the engine center is equipped with extensive part repair capacity that helps reduce engine overhaul costs and turnaround times.
ESA first began operations in 1981 as Singapore Engine Overhaul Centre (SEOC), a division of SIA Engineering Company, following the incorporation of Singapore Airlines’ engine overhaul division. At the same time, it relocated from Paya Lebar to a small building to be strategically adjacent to Changi International Airport to support the airline’s then fleet of JT9D engines. In 1998, it entered into a joint venture with Pratt & Whitney.
Since then, it has grown to a 655,000 square-feet (more than 60,000 square meters) footprint. It also expanded its capabilities to become the Center of Excellence for the Pratt & Whitney PW4000 engine series, while having grown its customer base to serve other aircraft operators. Today, the engine center serves a diverse and global mix of the world’s leading airlines, low cost carriers and air-cargo operators.
“Over the years, ESA has grown from serving primarily SIA’s fleet,” said Ronald Chandler, Eagle Services Asia managing director. “Today, it has evolved with high quality operating standards and responsive turnaround processes to support numerous third party aircraft operators that maintain their own exacting engineering standards and quality philosophies.”
Lim Kok Kiang, Executive Director, Transport Engineering, Singapore Economic Development Board (EDB), said, “We congratulate ESA for its significant achievement. Pratt & Whitney was one of EDB’s first collaborations with major aerospace OEMs. Over the past three decades, ESA has grown and matured together with our industry. And as the demand for MRO grows, we look forward to Pratt & Whitney’s continued expansion in Singapore to support its growing customer base in Asia-Pacific, and around the world.”
In anticipation of latest Pratt & Whitney’s game-changing technology, the engine center has begun developing the capability to support the new PurePower® PW1000G engine family. The Singapore facility will be the world’s first engine center to service the PW1500G engine, the PurePower® variant that will power the Bombardier C-Series aircraft. This designation marks a confidence of Singapore as an aviation hub in the world and will involve additional investment in Singapore. The PurePower® engine, with its patented Geared Turbofan technology, is Pratt & Whitney’s latest game changing technology for the future generation of passenger aircraft and hypersonic propulsion systems for aircraft, proven to deliver double digit improvements in fuel efficiency, emissions and noise reduction.
“The beginning of SEOC actually dates further back when the engine module shop began in an area of 3 engine bays in SIA’s 747 hangar at Paya Lebar,” said William Goh, an employee who joined ESA as an apprentice engineer since it started. He presently oversees module and repair operations as the department’s general manager at ESA.
“I’ve stayed employed at ESA over its 30 years of operations because I’ve continued to learn and developed my career in the aviation industry. The team here has always approached the ever-changing industry with a willingness to learn and adapt. We’ve benefitted with knowing what we know today – our experience has defined us. It has shaped our passion for the aviation industry.”
Pratt & Whitney Global Service Partners is a total service provider for engines made by Pratt & Whitney, International Aero Engines, General Electric, Rolls-Royce and CFMI®. Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and commercial building industries.
Learn more at http://www.pw.utc.com/
Facebook: http://www.facebook.com/prattandwhitney
Twitter: http://www.twitter.com/prattandwhitney
Audrey Tan Leo Makowski
Regional Communications Global Service Partners
Mobile +65 9675 9395 Mobile +1-860-543-2846
audrey.tan@pw.utc.com leo.makowski@pw.utc.com
Source: Pratt & Whitney

Written by asiafreshnews

December 7, 2012 at 9:57 am