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Archive for May 14th, 2013

SkyPeople Fruit Juice Reports First Quarter 2013 Financial Results

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XI’AN, China, May 14, 2013 /PRNewswire-FirstCall/ — SkyPeople Fruit Juice, Inc. (NASDAQ: SPU) (“SkyPeople” or “the Company”), a producer of fruit juice concentrates, fruit juice beverages and other fruit-related products, today announced its financial results for the first quarter ended March 31, 2013.

First Quarter 2013 Highlights:

  • Revenue was $18.6 million, an increase of 24% year-over-year
  • Gross profit was $7.6 million, an increase of 60% year-over-year
  • Gross profit margin was 41% as compared to 32% for the same period of 2012.
  • Income from operations was $5.5 million, an increase of 108% year-over-year
  • Net income attributable to the Company was $3.8 million, an increase of 99% year-over-year
  • Revenue from the fruit juice beverage segment was $8.6 million, an increase of 155% year-over-year
  • Cash and cash equivalents were $91.3 million as of March 31, 2013

“We are very pleased to report strong financial results for the first quarter of 2013 as revenue grew 24% from the comparable year-ago quarter and net income almost doubled as our margins improved. The quarter was highlighted by the growth of our fruit juice beverages segment primarily in China. We anticipate further growth for this segment as we expand our domestic footprint and market to more highly populated Chinese cities. We currently sell our fruit beverages to more than 20,000 retail stores in approximately 20 provinces,” said Mr. Hongke Xue, Chief Executive Officer of SkyPeople.

“Also, as recently announced we entered into an agreement with the Managing Committee of Mei County National Kiwi Fruit Wholesale Trading Center, which has been authorized by the People’s Government of Mei County to be in charge of the construction and administration of the Mei County National Kiwi Fruit Wholesale Trading Center (the “Trading Center”) to establish kiwi processing facilities which we believe has excellent potential and will strengthen our competitive positioning in this important product segment. As announced in the fourth quarter of last year, we entered into an agreement to develop orange products in Hubei Province since we believe that there is a shortage of such products in the market. We believe that these two initiatives augment our existing product platform with the potential of driving additional revenue while mitigating both the regional and seasonal cyclicality of our products,” Mr. Hongke Xue concluded.

First Quarter 2013 Financial Results

Revenue for the three months ended March 31, 2013 was $18.6 million, an increase of 24% as compared to $15.0 million for the same period in 2012. This increase was primarily due to an increase in sales of fruit juice beverages, concentrated pear juice and fresh fruits and vegetables, which was partially offset by a decrease in revenue generated from sales of the apple-related products and kiwi-related products. The revenue attributable to the fruit beverages segment, in particular, was $8.6 million for the first quarter of 2013, an increase of 155% as compared to $3.4 million for the same period of 2012. The fruit juice beverages segment comprised 46% of total Company revenue for the first quarter for 2013 as compared to 22% for the same period of 2012, and so was a large factor in the increase in revenue for the first quarter of 2013 as compared to the same period in 2012.

First Quarter 2013 Revenue by Segment (in thousands)

Three Months ended March 31,

2013

2012

% of change

Concentrated apple juice and apple aroma

636

2,508

(75)%

Concentrated kiwifruit juice and kiwi puree

3,419

3,761

(9)%

Concentrated pear juice

5,173

4,767

9%

Fruit juice beverages

8,585

3,370

155%

Fresh fruits and vegetables

798

588

36%

Total

18,611

14,994

24%

First Quarter 2013 Gross Profit by Segment (in thousands)

Gross profit was $7.6 million in the first quarter of 2013, an increase of 60% from $4.8 million for the same period in 2012. The Company’s total gross profit margin was 41% in the first quarter of 2013 as compared to 32% for the same period of 2012, primarily due to an adjustment of product mix. The fruit juice beverages segment’s gross profit margin increased to 41% in the first quarter of 2013 from 25% for the same period of 2012. This had the effect of increasing the total gross profit levels and gross profit margin for the first quarter of 2013 as compared to the same period of 2012.

Three months ended March 31,

2013

2012

Gross
profit

Gross
margin

Gross
profit

Gross
margin

Concentrated apple juice and
apple aroma

31

5%

414

16%

Concentrated kiwifruit juice and
kiwi puree

2,114

62%

1,687

45%

Concentrated pear juice

1,599

31%

1,534

32%

Fruit juice beverages

3,512

41%

855

25%

Fresh fruits and vegetables

385

48%

296

50%

Total

7,641

41%

4,786

32%

Operating expenses for the first quarter of fiscal 2013 was $2.1 million, or 12% of sales, which were at the same level for that of the same period of 2012, where operating expenses represented 15% of sales. General and administrative expenses decreased 12% to $1.3 million in the first quarter of 2013 as compared to $1.5 million for the same period of 2012, mainly due to the continued decrease in legal fees related to currently pending litigations. Selling expenses increased 41% to $0.7 million as compared to $0.5 million the same period of 2012, mainly due to an increase in the headcount of the Company’s sales force. Research and development expenses decreased 31% to $0.1 million in the first quarter of 2013 as compared to $0.14 million for the same period of 2012 as former research and development agreements the Company had with various institutions expired in January of 2013. During the first quarter of 2013, the Company renewed/entered into several new research and development agreements with outside research institutions. Currently, the Company has four research and development agreements that are in effect.

Income from operations was $5.5 million for the first quarter of 2013, an increase of 108% as compared to $2.6 million for the same period in 2012.

Net income attributable to SkyPeople Fruit Juice was $3.8 million for the first quarter of 2013, an increase of 99% as compared to $1.9 million for the same period in 2012, while diluted earnings per share was $0.14, an increase of 100% as compared to $0.07 for the same period in 2012.

Financial Condition

As of March 31, 2013, the Company had $91.3 million in cash and cash equivalents, up from $77.6 million as of fiscal year end 2012. The Company’s working capital was $108.1 million. As of March 31, 2013, the Company had total liabilities of $22.6 million, which included $8.5 million in short-term bank loans and a $4.0 million short-term loan to a related party. As of March 31, 2013, shareholders’ equity attributable to SkyPeople Fruit Juice was $160.7 million as compared to $156.5 million as of fiscal year end of 2012.

For the first quarter ended March 31, 2013, the Company’s operating activities generated a net cash inflow of $13.2 million, as compared to $14.8 million for the same period in 2012. Net cash used in investing activities were $0.4 million for the quarter ended March 31, 2013 as compared to $1.3 million for the same period in 2012. For the first quarter ended March 31, 2013, cash flow generated from financing activities totaled $0.8 million as compared to $2.0 million for the same period in 2012. Historically, the Company has financed its capital expenditures and other operating expenses through cash on hand, operating cash flows and bank loans.

During the first quarter of 2013, the Company entered into a loan agreement with SkyPeople International Holdings Group Limited (“SkyPeople International”), which indirectly holds a 50.2% interest in the Company. Mr. Yongke Xue, the Chairman of the Board and Mr. Hongke Xue, its Chief Executive Officer and a director, indirectly and beneficially own 80.0% and 9.4% of equity interest in SkyPeople International, respectively. This entity has extended to the Company a one-year unsecured term loan of $8.0 million at an interest rate of 6% per year; during first quarter of 2013, the Company received $4.0 million of this amount.

Recent Developments

On April 3, 2013, SkyPeople (China) entered into an investment agreement with the Managing Committee of Mei County National Kiwi Fruit Wholesale Trading Center, which has been authorized by the People’s Government of Mei County to be in charge of the construction and administration of the Mei County National Kiwi Fruit Wholesale Trading.

Under the investment agreement, the parties agreed to invest and establish a kiwi fruit comprehensive deep processing zone and kiwi fruit and fruit-related materials trading zone in Yangjia Village, Changxing Town of Mei County with a total planned area of total planned area of 286 mu (approximately 47 acres).

Pursuant to the investment agreement, the Company will be responsible for construction and financing with a total investment of RMB 445.6 million (approximately $71.9 million) in buildings and equipment. In addition, the Company agreed to pay a fee of RMB 0.3 million per mu for the land use rights.

Conference Call

The Company will hold a conference call on Thursday, May 16, 2013 at 9:00 am Eastern Time to discuss its financial results for the first quarter ended March 31, 2013. The Company’s Chairman, Mr. Yongke Xue, and Chief Financial Officer, Mr. Xin Ma, will host the call.

To attend the live conference call, please dial in at least 10 minutes before the call to ensure timely participation. Please use the dial-in information below. When prompted by the operator, mention the conference Pass Code.

Date:

Thursday, May 16, 2013

Time:

9:00 am Eastern Time, US

Conference Line Dial-In:

+1-855-880-8437

International Dial-In:

+1-931-229-4159

Conference Pass Code:

68990185

To access the replay, please dial 1-855-859-2056 within the United States or 1-404-537-3406 when dialing internationally, and enter the pass code 68990185 for the replay. The replay will be available on May 16, 2013 at 12:00 pm.

About SkyPeople Fruit Juice, Inc.

SkyPeople Fruit Juice, Inc., a Florida company, through its wholly-owned subsidiary Pacific Industry Holding Group Co., Ltd. (“Pacific”), a Vanuatu company, and SkyPeople Juice International Holding (HK) Ltd., a company organized under the laws of Hong Kong Special Administrative Region of the People’s Republic of China and a wholly owned subsidiary of Pacific, holds 99.78% ownership interest in SkyPeople Juice Group Co., Ltd. (“SkyPeople (China)”). SkyPeople (China), together with its operating subsidiaries in China, is engaged in the production and sales of fruit juice concentrates, fruit beverages, and other fruit related products in the PRC and overseas markets. Its fruit juice concentrates are sold to domestic customers and exported directly or via distributors. Fruit juice concentrates are used as a basic ingredient component in the food industry. Its brands, “Hedetang” and “SkyPeople,” which are registered trademarks in the PRC, are positioned as high quality, healthy and nutritious end-use juice beverages. For more information, please visit http://www.skypeoplefruitjuice.com.

Safe Harbor Statement

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “could,” “intend,” “target” and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2012 and otherwise in our SEC reports and filings, including the final prospectus for our offering. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

For more information, please contact:

COMPANY

INVESTOR RELATIONS

Xin Ma, Chief Financial Officer

David Rudnick, Account Manager

SkyPeople Fruit Juice, Inc.

CCG Investor Relations

Tel: China + 86 – 29-8837-7161

Tel: US +1- 646-626-4172

Email: oliver.x.ma@skypeoplefruitjuice.com

Email: david.rudnick@ccgir.com

Web: http://www.skypeoplefruitjuice.com/

Web: http://www.ccgir.com/

-Financial Tables Follow-

SKYPEOPLE FRUIT JUICE, INC.

CONSOLIDATED BALANCE SHEETS

March 31, 2013

December 31, 2012

(Unaudited)

ASSETS

CURRENT ASSETS

Cash and cash equivalents

$

91,320,803

$

77,560,278

Accounts receivables, net of allowance of
$46,766 and $46,643 as of March 31, 2013 and
December 31, 2012, respectively

31,083,435

49,435,961

Other receivables

465,725

201,417

Inventories

7,582,226

7,278,191

Deferred tax assets

147,126

90,576

Advances to suppliers and other current assets

141,158

71,536

TOTAL CURRENT ASSETS

130,740,473

134,637,959

PROPERTY, PLANT AND EQUIPMENT, NET

51,851,976

52,180,097

LAND USE RIGHT, NET

7,693,256

7,718,363

OTHER ASSETS

378,137

682,592

TOTAL ASSETS

$

190,663,842

$

195,219,011

LIABILITIES

CURRENT LIABILITIES

Accounts payable

$

7,127,984

$

14,399,282

Accrued expenses

1,540,894

2,050,675

Income tax payable

1,347,111

3,127,245

Advances from customers

127,861

530,437

Short-term loan – related party

4,000,000

Short-term bank loans

8,502,289

11,661,761

TOTAL CURRENT LIABILITIES

$

22,646,139

$

31,769,400

SHAREHOLDERS’ EQUITY

SkyPeople Fruit Juice, Inc, Stockholders’ equity

Series B Preferred stock, $0.001 par value,
10,000,000 shares authorized, Nil shares issued and
outstanding as of March 31, 2013 and December 31,
2012, respectively

Common stock, $0.001 par value; 66,666,666
shares authorized; 26,661,499 shares and
26,661,499 shares issued and outstanding as of,
March 31, 2013 and December 31, 2012,
respectively

26,661

26,661

Additional paid-in capital

59,189,860

59,189,860

Retained earnings

86,611,733

82,793,585

Accumulated other comprehensive income

14,874,872

14,500,860

Total SkyPeople Fruit Juice, Inc. stockholders’
equity

160,703,126

156,510,966

Non-controlling interests

7,314,577

6,938,645

TOTAL STOCKHOLDERS’ EQUITY

168,017,703

163,449,611

TOTAL LIABILITIES AND STOCKHOLDERS’
EQUITY

$

190,663,842

$

195,219,011

The notes in the Company’s 10-Q are an integral part of these consolidated financial statements.

SKYPEOPLE FRUIT JUICE, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

For the Three Months Ended March 31,

2013

2012

Revenue

$

18,611,456

$

14,993,500

Cost of goods sold

10,970,558

10,207,501

Gross profit

7,640,898

4,785,999

Operating Expenses

General and administrative expenses

1,305,914

1,477,604

Selling expenses

741,166

525,334

Research and development expenses

98,622

142,685

Total operating expenses

2,145,702

2,145,623

Income from operations

5,495,196

2,640,376

Other income (expenses)

Interest income

71,579

69,689

Subsidy income

350,974

433,504

Interest expenses

(277,023)

(154,812)

Others expenses

(968)

Total other income

145,530

347,413

Income before income tax

5,640,726

2,987,789

Income tax provision

1,483,865

928,380

Net income

4,156,861

2,059,409

Less: Net income attributable to non-controlling
interests

338,713

140,251

NET INCOME ATTRIBUTABLE TO
SKYPEOPLE FRUIT JUICE, INC.

$

3,818,148

$

1,919,158

Earnings per share:

Basic earnings per share

$

0.14

$

0.07

Diluted earnings per share

$

0.14

$

0.07

Weighted average number of shares
outstanding

Basic

26,661,499

25,690,402

Diluted

26,661,499

26,661,499

Comprehensive Income

Net income

$

4,156,861

$

2,059,409

Foreign currency translation adjustment

411,231

156,571

Total Comprehensive income

$

4,568,092

$

2,215,980

Comprehensive income attributable to
non-controlling interests

375,932

146,732

Comprehensive income attributable to
SkyPeople Fruit Juice, Inc.

$

4,192,160

$

2,069,248

The notes in the Company’s 10-Q are an integral part of these consolidated financial statements.

SKYPEOPLE FRUIT JUICE, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

For the Three Months Ended March 31,

2013

2012

CASH FLOWS FROM OPERATING ACTIVITIES

Net income

$

4,156,861

$

2,059,409

Adjustments to reconcile net income to net cash provided
by operating activities

Depreciation and amortization

863,343

706,064

Deferred income tax assets

(56,550)

60,515

Changes in operating assets and liabilities

Accounts receivable

18,455,170

14,225,403

Other receivable

(263,398)

2,009

Advances to suppliers and other current assets

(69,496)

(109,276)

Inventories

107,472

1,163,961

Accounts payable

(7,298,251)

(875,022)

Accrued expenses

(513,157)

(1,233,484)

Income tax payable

(1,785,680)

(1,055,393)

Advances from customers

(403,363)

(178,673)

Net cash provided by operating activities

13,192,951

14,765,513

CASH FLOWS FROM INVESTING ACTIVITIES

Additions to property, plant and equipment

(428,692)

(1,320,608)

Prepayment for other assets

(9,600)

(13,621)

Net cash used in investing activities

(438,292)

(1,334,229)

CASH FLOWS FROM FINANCING ACTIVITIES

Increase in restricted cash

284,361

Short-term notes payable

(284,361)

Proceeds from related party loan

4,000,000

Proceeds from short-term bank loans

3,170,879

Repayment of short-term bank loans

(3,185,474)

(1,139,578)

Net cash provided by (used in) financing activities

814,526

2,031,301

Effect of change in exchange rate

191,340

96,897

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

13,760,525

15,559,482

Cash and cash equivalents, beginning of year

77,560,278

61,154,007

Cash and cash equivalents, end of year

91,320,803

76,713,489

SUPPLEMENTAL DISCLOSURES OF CASH
FLOW INFORMATION

Cash paid for interest

250,722

154,812

Cash paid for income taxes

3,326,095

1,923,258

SUPPLEMENTARY DISCLOSURE OF
SIGNIFICANT NON-CASH TRANSACTION

Change in fair value of warrant liability

Transferred from other assets to property, plant and
equipment and construction in process

315,394

5,158,425

The notes in the Company’s 10-Q are an integral part of these consolidated financial statements.

View in PR Newswire Asia website: SkyPeople Fruit Juice Reports First Quarter 2013 Financial Results

Written by asiafreshnews

May 14, 2013 at 11:47 pm

Posted in All releases

GSMA And i3forum Launch Deployment Initiative That Will Lead To IP-Based Interconnect Between All Operators

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– Pilots Leading to Commercial Implementations Planned with Several Operators During 2013

CHICAGO, May 14, 2013 /PRNewswire/ — The GSMA and i3forum today announced that they have launched a deployment initiative to accelerate the take up of IP eXchange (IPX) based interconnect through live commercial pilots for voice traffic. Use of IPX creates the future pathway for interoperable voice services based on IP networks, such as Voice over LTE (VoLTE), and also provides an alternative to today’s current best-effort IP interworking. Mobile and fixed operators including Deutsche Telekom, Orange, Telecom Italia, Telefonica, TeliaSonera and Vodafone will be conducting pilots of voice over IPX this year.

“As we move to an all-IP world, customers will continue to demand high quality and high reliability for their voice services,” said Alex Sinclair, Chief Technology Officer, GSMA. “By providing global interoperability, this initiative will help to drive the widespread deployment of services such as VoLTE, with the same quality of service that consumers have come to expect.”

“Working together, i3forum carrier members have developed for the benefit of the carrier industry a solid base of IPX implementation guidelines and best practices,” said Philippe Millet, Chairman of the i3forum. “By partnering with the GSMA, we can share that knowledge with the mobile industry to quickly deploy IPX interconnects to scale, delivering enhanced quality and reliability for existing and new IP communication services.”

An already standardised interconnection solution from GSMA and i3forum, called IPX, is to be used to provide a global, private, secure IP network that supports end-to-end quality of service. IPX is an interconnect platform that is offered by a variety of carriers on a competitive basis but with common agreed technical specifications and using consistent commercial models.

IPX delivers an end-to-end managed network solution that offers openness, focuses on quality and provides an extremely efficient multi-service connectivity regime, with the principle of one contract and one single network interface providing many connections and multi-service end-to-end relationships. For all stakeholders, this means they can be confident that the IPX’s commercial and technical benefits will be delivered in a way that minimises investment and maximises business opportunities.

The pilots will pave the way for the technical and commercial agreements necessary to use IPX to interconnect any voice services. The key end result of these pilots will be the effective migration of live voice traffic to IP-based interconnect or using IPX as the interconnect for new voice services, therefore providing a major stepping stone towards interoperable communications services such as VoLTE and RCS.

The initiative will also foster more IPX offerings from carriers and encourage IPX providers to expand their footprint and establish more interconnections with network operators. The greater the number of IPX interconnections that exist, the greater the number of IP-based services that will interconnect in the future, offering better choice for consumers.

About the GSMA

The GSMA represents the interests of mobile operators worldwide. Spanning more than 220 countries, the GSMA unites nearly 800 of the world’s mobile operators with more than 230 companies in the broader mobile ecosystem, including handset makers, software companies, equipment providers and Internet companies, as well as organisations in industry sectors such as financial services, healthcare, media, transport and utilities. The GSMA also produces industry-leading events such as the Mobile World Congress and Mobile Asia Expo.

For more information, please visit the GSMA corporate website at www.gsma.com or Mobile World Live, the online portal for the mobile communications industry, at www.mobileworldlive.com.

About the i3forum

The i3forum brings together the communications expertise of more than 49 telecommunication providers, representing a combined retail base of over 1.5 billion customers across more than 100 countries. The goal of the i3forum is to develop collaborative recommendations for an industry-wide transition of voice and related services to Internet Protocol (IP). The forum’s unified effort to expedite global IP-based voice implementation supports widespread access to innovative and high-quality IP-based services and applications. Please go to www.i3forum.org.

View in PR Newswire Asia website: GSMA And i3forum Launch Deployment Initiative That Will Lead To IP-Based Interconnect Between All Operators

Written by asiafreshnews

May 14, 2013 at 11:32 pm

Posted in All releases

China Natural Gas, Inc. to Release First Quarter 2013 Financial Results on May 15

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NEW YORK, May 14, 2013 /PRNewswire/ — China Natural Gas, Inc. (PK: CHNG), a leading provider of compressed natural gas for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi’an, China, today announced that it plans to release first quarter 2013 results on Wednesday, May 15, 2013, before the market closes. Management will hold a conference call on Friday, May 17, 2013 at 9:00 a.m. ET (6:00 a.m. Pacific) to discuss these first quarter results.

To participate in the call please dial (800) 860-2442, or (412) 858-4600 for international calls, approximately 10 minutes prior to the scheduled start time.

A replay of the call will be available for one week from 11:00 a.m. May 17, 2013, ET until 9:00 a.m. ET on May 28, 2013. The number for the replay is (877) 344-7529, or (412) 317-0088 for international calls; the pass code for the replay is 10029059.

About China Natural Gas, Inc.

China Natural Gas (http://www.naturalgaschina.com) transports and sells natural gas to vehicular fueling terminals, as well as commercial, industrial and residential customers through its distribution networks in China‘s Shaanxi, Henan and Hubei Provinces. As of March 31, 2013,the Company owns approximately 120 km of high-pressure pipelines and operates 20 CNG fueling stations in Shaanxi Province, 10 CNG fuelling stations in Henan Province and 1 CNG fueling station in Hubei Province. China Natural Gas’ five primary business lines include: (1) the distribution and sale of CNG through Company-owned CNG fueling stations for hybrid (natural gas/gasoline) powered vehicles; (2) the installation, distribution and sale of piped natural gas to residential, commercial and industrial customers through Company-owned pipelines; (3) production and sales of LNG through our LNG production facility in Jingbian County, Shaanxi Province; (4) the distribution and sale of gasoline through Company-owned CNG fueling stations for hybrid (natural gas/gasoline) powered vehicles; and (5) the conversion of gasoline-fueled vehicles to hybrid (natural gas/gasoline) powered vehicles through its auto conversion division.

For more information, please contact:

China Natural Gas, Inc.

Chaoyang Qiao, CFO

Phone: +86-29-8832-3325 Ext.903

Cell: +86-137-0918-2877

Email:qiaochaoyang@naturalgaschina.com

Jackie Shi

Investor Relations Director

Phone: +86-29-8832-3325 Ext.922

Cell: +86-139-9287-9998

Email: yjshi@naturalgaschina.com

View in PR Newswire Asia website: China Natural Gas, Inc. to Release First Quarter 2013 Financial Results on May 15

Written by asiafreshnews

May 14, 2013 at 11:32 pm

Posted in All releases

DX – Unprecedented Discount – 50% OFF Sale is Coming Soon!

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HONG KONG, May 14, 2013 /PRNewswire/ — DX is well known for offering some of the lowest prices on electronics, gadgets, and gifts across the Internet. Coming this month however, DX is offering the lowest prices of the year – 50% off of thousands of items! You won’t want to miss out on this exciting once-in-a-year opportunity. With over 40,000+ discounted items, you are sure to find a fantastic deal on something for yourself, your friends, and everyone in your family. Join this latest DX discount event and save like never before!

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DX is dedicated to bringing to its customers the very best service as well as the largest array of hot product offerings. Featuring over 80,000 items together with FREE worldwide shippingand the lowest prices, DX.com is your number one choice for gadgets, electronics, apparel, gifts, and more on the Internet.

View in PR Newswire Asia website: DX – Unprecedented Discount – 50% OFF Sale is Coming Soon!

Written by asiafreshnews

May 14, 2013 at 10:24 pm

Posted in All releases

Routes Europe Hands Over to Marseille for 2014

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BUDAPEST, Hungary, May 14, 2013 /PRNewswire/ —

After a successful Routes Europe event in Budapest, which with 1,100 delegates was the largest regional route development event ever, Budapest Airport officially handed over to Marseille-Provence Airport, the host of the 2014 event.

Speaking at the 8th Routes Europe event which has been taking place 12-14 May in Budapest, Pierre Regis, Managing Director of Marseille Provence Airport (MRS) commented: “Marseille-Provence Airport is proud and honoured to host the Routes Europe event in 2014, and to share all of the new opportunities that are being unveiled at this very moment, as the new Marseille is also this year’s European Capital of Culture!”

“After this year’s successful event in Budapest we are eagerly awaiting next year’s Routes Europe in Marseille,” says David Stroud, Executive Vice President for Routes. “France is one of the biggest aviation markets in Europe and is the most popular leisure destination in the world. Moreover, the airport has been doing excellent work to accommodate both full service and low cost carriers. These factors lead us to believe we can increase airline and airport attendance even beyond this year’s figures.”

Marseille-Provence was founded over 2600 years ago and Marseille is the second largest city in France after Paris and the regional capital of Southern France. Combining Mediterranean mildness with Provence’s quality of life the area attracts some 10 million tourists every year. World class sites such as Provence, St Tropez, Avignon, Aix-en-Provence and Arles, as well as ski resorts in the Southern Alps, are all within easy reach.

After several years of some of the biggest urban investments and building projects in Europe, the new Marseille, is ready and waiting at the heart of the ever gorgeous Provence. With its new hotels, new luxury shopping centres and new museums, Marseille ranked No. 2 in the recent New York Times list of ‘Places to Go This Year’.

Marseille-Provence Airport in South East France on the Mediterranean is ideally located at the intersection of air, rail and road networks. It is the gateway to the South of France – to Marseille, to Provence, and to the French Riviera. In 2012, the airport registered the strongest growth among major French airports, and came in 4th out of the 80 biggest airports in Europe (source: ACI). With 8.3 million passengers in 2012 and 13% growth, Marseille-Provence Airport gained 1 million passengers in one year! In 2013 MRS will be connected 30 countries, with 28 scheduled carriers flying into 100 different airports. Many new services will start in 2013 including Turkish Airlines and services to New York.

Notes to Editors

About Routes

  • Routes organises world-renowned airline and airport networking events through its regional and global Route Development Forums. Each year, there is one global event and one regional event in Asia, Africa, Europe, the Americas and CIS respectively. http://www.routesonline.com

  • Routes was founded in 1995 as part of the Manchester UK‐based ASM Ltd., a consultancy specialising in the field of route development for airports. http://www.asm-global.com

  • Routes and ASM were acquired by UBM Aviation Worldwide Ltd in August 2010. From 1st August 2012 Routes, ASM and the Airport Cities Conference and Exhibition become part of the UBM Live division of UBM plc.

  • UBM Live connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands and expand their markets. Through premiere brands such as MD&M, CPhI, IFSEC, TFM&A, Cruise Shipping Miami, the Concrete Show, the Routes portfolio of events, Airport Cities and many others, UBM Live exhibitions, conferences, awards programs, publications, websites and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors. http://www.ubmlive.com

Follow us on Twitter: @Routesonline, @TheHUBRoutes, @VictoriaRoutes, @airlineroute, @NLPROU

View in PR Newswire Asia website: Routes Europe Hands Over to Marseille for 2014

Written by asiafreshnews

May 14, 2013 at 10:24 pm

Posted in All releases

Aiseesoft’s Mac Video Converter Ultimate Exceeds All Expectations

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BEIJING, May 14, 2013 /PRNewswire/ — Aiseesoft has released its new product, Mac Video Converter Ultimate, offering unmatched conversion speed and excellent output quality. Mac Video Converter Ultimate, as its name suggests, is the ultimate video utility for Mac that combines the power of DVD Ripper, Video Converter, 2D to 3D Converter and YouTube Video Downloader. It offers a unified solution that simplifies the DVD and video conversion process, improves video quality and offers the perfect way to download videos at fast speeds.

Aiseesoft Mac Video Converter Ultimate is more affordable, easier to use and designed for Mac users. It’s everything one needs in a DVD/video converter without any hassle. It is able to convert any DVD and video formats to 150 popular formats, including HD formats like HD MP4, HD WMV, HD MOV and standard-definition video formats such as AVI, MP4, MOV and more. Moreover, this Mac video conversion software supports extracting audio from video files and saves it as popular audio formats, even lossless audio formats like FLAC, WAV and WMA. It can freely convert between various audio formats such as AAC, AC3, AIFF, OGG, ALAC, etc.

Not only can it convert DVD and video files to various formats with fast conversion speed and superior video quality – users can rest assured Aiseesoft always embraces the very latest technology to enhance the conversion speed and quality. With this ultimate version of the video converter for Mac, it’s never been easier to download videos from YouTube. It supports all YouTube formats (MP4, FLV, WebM) and downloads all new 1080p FULL-HD videos, 2k-resolution videos, 4k-resolution videos or even 3D videos, preserving 100% of the original YouTube video’s quality.

Furthermore, Aiseesoft Mac Video Converter gives users the ability to convert 2D videos to 3D formats and choose from Anaglyph (10 types), Side by Side (Half-Width/Full), Top and Bottom (Half-Height/Full) 3D modes in a variety of formats like AVI, MP4, MKV, FLV, etc.

To learn more about Mac Video Converter Ultimate, please visit:

http://www.aiseesoft.com/mac-video-converter-ultimate/

System Requirements for Mac Version

Processor:

Intel® processor

OS Supported:

Mac OS X 10.4 or above

Hardware Requirements:

512MB RAM, Super VGA (800600) resolution, 16-bit graphics card or higher

About Aiseesoft Studio

As a professional multimedia software provider, Aiseesoft Studio is dedicated to developing the best multimedia desktop applications to help the Windows and Mac users smoothly convert, edit and transfer various video/audio files. In order to meet users’ various requirements, Aiseesoft Studio constantly brings in new ideas, technologies, etc. To Aiseesoft Studio, users’ satisfaction is a consistent pursuit. For more information, please visit: http://www.aiseesoft.com

View in PR Newswire Asia website: Aiseesoft’s Mac Video Converter Ultimate Exceeds All Expectations

Written by asiafreshnews

May 14, 2013 at 10:24 pm

Posted in All releases

Eagle Helps Clients Address Regulation, Risk Management with LEI and Cleared Swaps Support

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BOSTON, May 14, 2013 /PRNewswire/ — Eagle Investment Systems LLC (Eagle), a leading provider of financial services technology and a subsidiary of BNY Mellon, announced that the most recent release of its portfolio management platform supports regulation for legal entity identifier (“LEI”) and recent cleared swap requirements from the Dodd-Frank legislation.

The LEI initiative has designed a standard universal identifier for organizations involved in financial transactions. Required for regulatory reporting and global efficiency, the industry is now implementing these standardized legal entity identifiers. By adopting LEI, organizations are achieving increased efficiencies in managing entity data and measuring and managing risk. Eagle is helping firms meet this requirement by enabling them to store, analyze and report LEI for a variety of legal entities such as issuers, counterparties, brokers, exchanges and depositories.

As a result of Dodd-Frank legislation, mandates are now requiring swaps transactions to clear through exchanges to help reduce counterparty risk and bring transparency to the over-the-counter (OTC) derivatives market. Through its integrated portfolio management suite, Eagle has streamlined the processing of cleared swaps for clients through enhanced software that now captures and calculates specific deal information.

“Eagle is committed to staying abreast of regulatory changes to help our clients adapt to shifting markets and remain focused on growing their assets,” said John Lehner, president and CEO of Eagle. “We continue to make substantial investments in our products to help simplify risk management and reporting requirements for clients.”

Eagle is hosting an industry webcast, “A 360o View of LEI” at 11:00 a.m. EDT on May 15, where a panel of industry thought leaders will discuss the evolution of LEI and what companies need to consider to meet this regulatory reporting requirement. For more information or to register, please visit http://www.eagleinvsys.com/about-eagle/events.cfm .

Eagle is committed to helping financial institutions worldwide grow assets efficiently with its innovative portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESS(SM). Since 1989, Eagle has deployed trusted solutions and services that create operational efficiencies and help reduce complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon. Additional information is available at www.eagleinvsys.com.

BNY Mellon’s Asset Servicing business supports institutional investors in today’s fast-evolving markets, safeguarding assets and enhancing the management and administration of client investments through services that process, monitor and measure data from around the world. We leverage our global footprint and local expertise to deliver insight and solutions across every stage of the investment lifecycle.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of March 31, 2013, BNY Mellon had US$26.3 trillion in assets under custody and/or administration and US$1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.

View in PR Newswire Asia website: Eagle Helps Clients Address Regulation, Risk Management with LEI and Cleared Swaps Support

Written by asiafreshnews

May 14, 2013 at 10:24 pm

Posted in All releases

Silicon Valley Partners with Beijing for First Ever Technology Innovation and Entrepreneurship Competition

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SAN JOSE, Calif., May 14, 2013 /PRNewswire/ — Zhongguancun Science Park (Z-Park, the “Silicon Valley of China” in Beijing) today announced the inaugural Technology Innovation & Entrepreneurship Competition at a press conference in San Jose. This new competition is guided by Z-Park and undertaken by Entrepreneur China Magazine and Hanhai Z-Park. This competition aims to encourage innovation and entrepreneurship in both China and Silicon Valley, tap into high-tech talents and promote the convergence of technology and finance across the globe.

The competition, which encourages start-ups from both the U.S. and China to participate, will take place in Silicon Valley and Zhongguancun simultaneously from May through November 2013, with finals in October that will include a challenge from the world’s top investment experts. Leaders from VC firms and incubators in both the U.S. and China, including InnoSpring, Microsoft accelerator for Windows Azure, TEEC, AAMA, Sequoia Capital, DCM, IDG, Y-Combinator, Plug & Play, 500 Startups, Zhen Fund, will serve as judges. Start-up finalists from the Silicon Valley region will be awarded with generous cash prizes, including $50,000 USD to the winner, tutoring and a chance to participate in Demo China Spring 2014. Finalists will also be invited to join the Beijing Communication Conference with finals from Beijing portion of the competition.

As part of today’s press conference, leaders from the Chinese Consul General in San Francisco and Z-Park, as well as renowned U.S. and Chinese venture capitalists will officially open the competition with a formal presentation to students and entrepreneurs interested in participating.

More information about the competition follows, or can be found on the competition website: http://Z-SVIEC.cyzone.cn/2013/

Overview of Innovation and Entrepreneurship Competition

The purpose of 2013 the First Zhongguancun-Silicon Valley Innovation & Entrepreneurship Competition is to encourage innovation and entrepreneurship, explore high-tech talents and promote the integration of technology and finance. The competition will bring together the most innovative start-ups in the two regions.

The competition will be opened for U.S. and Chinese startups and provide an opportunity for communications among US and Chinese entrepreneurs, and the organizing committee will invite the 12 final teams from Silicon Valley region to take part in the Communication Conference with counterparts from the Beijing region. Renowned experts from VC firms as well as incubators will be judging the competition.

As for the two regions, one is the hotbed of strategic emerging industries in China and the other is the old-brand Holy Land for entrepreneurs in U.S.; Zhongguancun-Silicon Valley Innovation & Entrepreneurship Competition across the two regions will be a splendid platform for entrepreneurs.

Timeline (May – November 2013)

  • May 13, 2013 (Silicon Valley)/ May 14, 2013 (Beijing): Press Conference
  • June to September 2013 (Silicon Valley/Beijing): Start-up registration
  • August 2013 (Beijing): Combining the Second National Innovation & Entrepreneurship Competition, choosing the top three awards in Beijing region
  • September 2013 (Silicon Valley): Online preliminary screening, choosing 30 enterprises for the semi-final
  • October 2013 (Silicon Valley): Semi-final, choosing 12 start-ups for the final
  • October 2013 (Silicon Valley): Final, choosing the top three
  • November 2013 (Beijing): Communication Conference for the final candidates in both Silicon Valley region and Beijing region.

Overview of Awards

Silicon Valley Region:

  1. The Silicon Valley region of the competition will choose one first prize with the bonus of $50,000 USD, one second prize with the bonus of $35,000 USD, and one third prize with the bonus of $20,000 USD;
  2. 12 finalists will be invited to Beijing to visit Z-Park and take part in a communication conference with the start-up winners of Beijing region (one visit from each start-up paid for, with round-trip air tickets and accommodation in Beijing).
  3. Winners announced in Z-Park have priority to be recommended to venture capital institutions.
  4. Winners can access to relevant Zhongguancun innovative incubators and enjoy tutoring to have better understanding towards Chinese market.
  5. Winners in Silicon Valley region can directly participate in the final of Demo China Spring 2014.

Beijing Region:

  1. Beijing Region of the competition will choose one first prize, two second prizes and three third prizes. Winners will enjoy one month free incubation services in 500 Start-ups or Plug & Play. The candidates ranking from 7th to 12th will enjoy one semester free incubation services in Zhongguancun innovative incubators
  2. Winners will be introduced to the upstream and downstream chain enterprises.
  3. The finalists will become “the Golden Seed” enterprises directly and enjoy the relevant services.
  4. The finalists have priority to be recommended to venture capital institutions.

Registration

URL: http://Z-SVIEC.cyzone.cn/2013/ (will be ready on May 12)
Contact: Summer Wu
Tel: (8610) 8233 2922ext841
Email: conference@cyzone.cn

Organizational Structure

  • Guiding Unit: Zhongguancun Science Park (Z-Park)
  • Organizers: Entrepreneur China Magazine and Hanhai Z-Park
  • Partners: InnoSpring, Microsoft accelerator for Windows Azure, TEEC, AAMA, Sequoia Capital, DCM, IDG, Y-combinator, Plug & Play, 500 Startups, Zhen Fund

Organizing Committee

  • Chairman
    • Guo Hong, Director of Administrative Committee of Zhongguancun Science Park
  • Vice Chairman
    • Xuan Hong, Deputy Director of Administrative Committee of Zhongguancun Science Park; Hugo Shong, founding partner of IDG Capital
  • Advisors
    • Bob Xu, founder of Zhen Fund
    • Chen Datong, founding partner and managing director of West Summit
    • Deng Feng, founding partner and managing director of Northern Light Venture Capital
    • Kai-Fu Lee, Chairman and CEO of Innovation Works
  • Office of Organizing Committee
    • Innovation Services Center of Z-park

Terms and Conditions

We are looking for startups and teams from the industries of internet, mobile internet and next-generation mobile communication, biotechnology and healthcare, energy-saving and environmental protection, integrated circuit, new material, high-end equipment, new energy and new energy vehicles.

  • Startups: Technology-based startups with high growth potential and investment value; establishment no longer than three years; the product has been formed, ready for the market or already on the market; own prospective, subversive technology or innovative business models on a global scale;
  • Teams: With the spirit of innovation and entrepreneurship, the participating project in the seed stage, without external investment or the angel investment not exceed 50,000USD; Products in the conceptual phase, or existing product prototype or Alpha versions; the core team members not less than 2 persons; with a viable business plan.

About Entreprenuer China

Founded in 2007, Entrepreneur China was co-invested by IDG and other world-renowned VC firms. Entrepreneur China has a content partnership with Entrepreneur Media Inc in the U.S. Entrepreneur China serves as a partner for Chinese entrepreneurs to succeed. Entrepreneur China Magazine is a monthly commercial journal focusing on innovation, start-ups and their growth. CYZONE.cn is the most influential domestic portal and interactive platform focusing on entrepreneurs and start-ups. Kuailiyu.com is one of the top tech blogs in China. Entrepreneur China also hosts a series of influential events including DEMO CHINA, The Hot 100 of Entrepreneur China, China Franchise 50, Entrepreneur China Annual Forum, DEMO CHINA club.

View in PR Newswire Asia website: Silicon Valley Partners with Beijing for First Ever Technology Innovation and Entrepreneurship Competition

Written by asiafreshnews

May 14, 2013 at 10:24 pm

Posted in All releases

Frost & Sullivan Recognizes Sourcefire for Next-Generation IPS

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— The FirePOWER network-based platform provides unrivaled deployment flexibility, adaptability, and performance

MOUNTAIN VIEW, Calif., May 14, 2013 /PRNewswire/ — Based on its recent analysis of the intrusion prevention systems (IPS) market, Frost & Sullivan recognizes Sourcefire, Inc., (Nasdaq: FIRE) with the 2013 Global Frost & Sullivan Award for Product Leadership. The company’s dedication to understanding, detecting, and blocking the most advanced enterprise network threats has enabled its Sourcefire Next-Generation IPS (NGIPS) solution to stand out from the competition. In addition, the firm provides exceptional customer value in terms of deployment flexibility, adaptability, and performance.

Sourcefire NGIPS delivers enhanced contextual awareness, security automation, network behavior analysis, file type detection, and custom rule creation. Moreover, the platform’s flexibility allows customers to easily scale up their security architecture as their network and security requirements evolve.

“Sourcefire NGIPS can be upgraded to next-generation firewalls (NGFW) through a simple license upgrade that will not impede IPS capabilities,” said Frost & Sullivan Industry Analyst Chris Rodriguez. “Sourcefire NGFW features include essential security functionalities such as URL filtering, user awareness and control, application visibility and control, and stateful inspection firewall. By comparison, competitors’ NGFW products have limited IPS functionalities.”

Sourcefire NGIPS is powered by FirePOWER™, the company’s network-based platform. Sourcefire’s NGIPS allow customers to support increasing throughput needs by swapping out network modules and reconfiguring devices as their networks grow. Additionally, Sourcefire NGIPS enables automatic updates and intelligent policy tuning that simplifies the security process for customers, creating better network protection while freeing up network administrators for other projects.

To detect new attacks and protect endpoint customer networks, the company introduced advanced malware protection for FirePOWER, which NGIPS or NGFW users can deploy by obtaining a license. The network feature works with FireAMP™, the company’s host-based solution for endpoints, mobile and virtual, to address malware threats across the entire attack continuum.

These advanced malware protection solutions apply big data analytics to identify and understand targeted, sophisticated attacks. The company has further widened its portfolio to offer continuous file analysis, retrospective security, and complementary incident response services.

As testimony to its security proficiency, Sourcefire NGIPS has been added to the United States Department of Defense’s list of unified capability products as one of five vendors approved for 2013 and one of two vendors approved through 2015.

“Sourcefire has been acknowledged as a leading provider of quality IPS products, with its NGIPS solutions leading the market in terms of out-of-the-box and tuned protection performance,” noted Rodriguez. “Most importantly, Sourcefire NGIPS guarantees an advanced level of protection and stability that similar security technologies are unable to match.”

Each year, Frost & Sullivan presents this award to the company that demonstrates innovation in product features and functionality that provides enhanced quality and higher value to customers. The award recognizes the rapid acceptance such innovation finds in the marketplace.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About Sourcefire Inc.

Sourcefire, Inc. (Nasdaq:FIRE), a world leader in intelligent cybersecurity solutions, is transforming the way global large- to mid-size organizations and government agencies manage and minimize security risks to their dynamic networks, endpoints, mobile devices and virtual environments. With solutions from a next-generation network security platform to advanced malware protection, Sourcefire’s threat-centric approach provides customers with Agile Security® that delivers protection before, during and after an attack. Trusted for more than 10 years, Sourcefire has earned a reputation for innovation, consistent security effectiveness and world-class research all focused on detecting, understanding and stopping threats. For more information about Sourcefire, please visit www.sourcefire.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Contact:

Mireya Espinoza
P: +1-210-247-3870
F: +1-210-348-1003
E: mireya.espinoza@frost.com

Sourcefire, Inc. Contact:
Name: Jennifer Leggio
P: +1-650-260-4025
E: jleggio@sourcefire.com

View in PR Newswire Asia website: Frost & Sullivan Recognizes Sourcefire for Next-Generation IPS

Written by asiafreshnews

May 14, 2013 at 10:24 pm

Posted in All releases

UBM plc Appoints Sally Shankland as EVP, Group People & Culture Director

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LONDON, May 14, 2013 /PRNewswire/ — UBM plc today announces the appointment of Sally Shankland as Executive Vice President, Group People & Culture Director, succeeding Jennifer Duvalier who joins ARM plc.

Sally has been promoted to this role from her current position as Chief Executive Officer of UBM Connect – UBM’s US-based $110m portfolio b2b marketing services business.  Sally will maintain her involvement with UBM Connect as its non-executive Chairman and the process to appoint her successor as CEO is now under way.  Sally will continue to be based in New York when she takes up her worldwide People & Culture role.  

Sally joined UBM in 1988 and has held successive executive positions in marketing, sales and management.  Sally led UBM Medica US’s successful transition from a print-based publishing business to its position as one of the leading digital marketing services businesses serving the US healthcare market.  She was subsequently appointed Chief Executive Officer of UBM Connect in May 2012.

David Levin, CEO of UBM plc, said:

“I am very pleased to announce Sally’s appointment to lead UBM’s People & Culture function, a role which is vitally important to UBM.  Sally will work closely with me, our CFO Bob Gray and with colleagues on UBM’s senior executive team to continue and further develop our programs to strengthen UBM’s positive culture; to attract, develop and retain the talent which is driving forward UBM’s development; to evolve UBM’s organisational structure and operating model to focus on strong customer and market insight; and, to ensure we are operating effectively to deliver UBM’s strategy as a global events-led marketing services and communications business.”

“Sally’s outstanding operational and commercial management track record at UBM Connect and at UBM Medica US make her ideally qualified to take on this larger role, having demonstrated her ability to relate to colleagues and customers alike, and her focus on creating high performance, inclusive cultures which produce great results. I am particularly pleased that we’ve been able to promote someone into this role who has such deep operational experience and expertise in UBM and of the wider b2b media industry. Sally’s appointment is also a great demonstration that UBM career paths can span both commercial and corporate roles.”

Notes to Editors

1. About UBM plc

UBM plc is a global events-led marketing services and communications company.  We help businesses do business, bringing the world’s buyers and sellers together at events and online, as well as producing and distributing news and specialist content.  Our 5,500 staff in more than 30 countries are organised into expert teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently.

For more information, go to http://www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM corporate news.

2. About UBM Connect

UBM Connect provides live media, marketing services, education and interactive digital environments across a number of communities, the largest of which are medical device design, advanced manufacturing and healthcare.   UBM Connect’s leading brands include MedTechWorld, Medical Design & Manufacturing, WestPack, Design News, Plastek, PharmaPack, QMed, Cancer Network, Physicians Practice and Psychiatric Times.

View in PR Newswire Asia website: UBM plc Appoints Sally Shankland as EVP, Group People & Culture Director

Written by asiafreshnews

May 14, 2013 at 10:24 pm

Posted in All releases