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Archive for May 20th, 2013

Canadian Solar Wins Court Case in Relation to Contract Dispute with LDK

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GUELPH, Ontario, May 20, 2013 /PRNewswire-FirstCall/ — Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that the Jiangsu Suzhou Intermediate Court dismissed the request by LDK Solar Co., Ltd. (NYSE: LDK) to enforce the arbitration award decision by the former Shanghai branch of the China International Economic and Trade Arbitration Commission in the amount of RMB 248.9 million (approximately US$ 40.1 million). This arbitration award relates to wafer supply contracts entered into between Canadian Solar and LDK in October of 2007 and June of 2008, and subsequently terminated. The total amount of the award includes the initial deposit of RMB 60.0 million (approximately US$ 9.7 million), but excludes approximately RMB 2.0 million to cover arbitration expenses.

Dr. Shawn Qu, Chairman and Chief Executive Officer, commented, “We are delighted with the Jiangsu Suzhou Intermediate Court’s decision in our favor. We believe we have conducted our business properly at all times and we will continue to advocate cooperation rather than confrontation within the solar industry.”

About Canadian Solar

Founded in 2001 in Canada, Canadian Solar Inc. (NASDAQ: CSIQ) is one of the world’s largest and foremost solar power companies. As a leading vertically integrated provider of solar modules, specialized solar products and solar power plants with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia, Canadian Solar has delivered more than 4GW of premium quality solar modules to customers in over 50 countries. Canadian Solar is committed to improve the environment and dedicated to provide advanced solar energy products, solutions and services to enable sustainable development around the world. For more information, please visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “believes,” “expects,” “anticipates,” “intends,” “estimates,” the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include the risks regarding general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand in our project markets, including Canada; changes in customer order patterns; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; continued success in technological innovations and delivery of products with the features customers demand; utility-scale project approval process; delays in utility-scale project construction; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company’s SEC filings, including its annual report on Form 20-F filed on April 26, 2013. Although the Company believes that the expectations reflected in the forward looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

CONTACT: Investor Relations Contacts: Ed Job, CFA, Director, Investor Relations, Canadian Solar Inc., ir@canadiansolar.com; David Pasquale, Global IR Partners, +1-914-337-8801, csiq@globalirpartners.com

View in PR Newswire Asia website: Canadian Solar Wins Court Case in Relation to Contract Dispute with LDK

Written by asiafreshnews

May 20, 2013 at 9:47 pm

Posted in All releases

CICGF Brings New Business Opportunities with New Import Goods Expo

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NINGBO, China, May 20, 2013 /PRNewswire/ — Held concurrently with the 12th China International Consumer Goods Fair (CICGF) in Ningbo on June 8-11, the China Zhejiang Import Goods Expo will create new business opportunities for exporters around the globe.

CICGF Brings New Business Opportunities with New Import Goods Expo.  (PRNewsFoto/China International Consumer Goods Fair)
CICGF Brings New Business Opportunities with New Import Goods Expo. (PRNewsFoto/China International Consumer Goods Fair)

This year’s CICGF will be held in Halls No. 2-10 of the Ningbo International Conference and Exhibition Center. The majority of the booths across the 120,000-square-meter space have been booked by companies from outside Zhejiang province, coming from other parts of China and from abroad. For the first time, the CICGF is hosting a fair within the fair; the first 2013 China Zhejiang Import Goods Expo, a 17,000 square-meter event taking place in Halls 7 and 8. The China Zhejiang Import Goods Expo will provide an opportunity for Chinese buyers to see what the rest of the world has to offer. Showcase areas are segmented based on the home location of the exhibitor: Europe, the U.S., Australia, Africa, Southeast Asia, and other Asian regions like Hong Kong, Japan, South Korea, and Taiwan. Exhibits will include Taiwan‘s renowned commodities, imported food and agricultural products, healthcare and beauty care products, clothing and accessories, home appliances, consumer electronics, high-tech products, electrical equipment, and machinery, among others.

A spokesperson for the CICGF organizing committee explained that the fair will build four functional platforms for the Import Goods Expo to bring together buyers and sellers by promoting trade through a single venue, collecting and disseminating information as well as providing focused services. The ultimate goal is to create a purchase center for companies worldwide seeking to enter China, a supply center for imported equipment and raw materials, an exhibition center for imported goods, a gathering center for international marketing organizations, a logistics and distribution center for import trade, and a service center for international financial settlements. The China Zhejiang Import Goods Expo aims to become a world-class expo for imported goods within five years.

About CICGF

The China International Consumer Goods Fair (CICGF), co-sponsored by the Ministry of Commerce PRC and the Zhejiang Provincial People’s Government, is one of the four largest import and export fairs in China and is held in the famous port city of Ningbo in June every year. The fair has attracted more than 120,000 buyers from 110 countries and regions.

View in PR Newswire Asia website: CICGF Brings New Business Opportunities with New Import Goods Expo

Written by asiafreshnews

May 20, 2013 at 9:47 pm

Posted in All releases

How Facebook Makes Money through Mobile Advertising: A Brief Talk from SooBest

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NEW YORK, May 20, 2013 /PRNewswire/ — Here is a brief talk on “How Facebook Makes Money through Mobile Advertising” from B2C SooBest, an online retailer with a wide range of products such as fashionable women’s clothing, men’s clothing, digital watches, charm jewelry, etc.

Facebook reported its 2013 first quarter earnings on May 2. Its financial report shows that its mobile advertising revenues accounted for a substantial rise to 30%, which is impressive compared to the same period last year, when it was just 14%.

In the widely criticized mobile advertising field, Facebook has finally ushered in good growth. As many know, Internet businesses that have realized gains on mobile platforms have been far fewer than on PCs. Even for mobile games, Zynga was only 1/3 of the ARPU on the PC. Mobile advertising, due to small phone screens, are not the favorite of brand advertisers. The preliminary results of mobile advertising easing into the market challenged Facebook. So, how has Facebook made it in the field of mobile advertising?

First, Facebook’s success comes in part from the many Asian market mobile applications that supported the outstanding performance of advertising in the first quarter. About 3,800 developers used these ads to promote nearly 25 million downloads. Among the top 100 developers, 40% of them use this kind of advertising. In July last year, Facebook launched its own applications (App Center) , which means Facebook has an application store similar to Apple’s App Store, where users who click on the application they want are taken directly to the appropriate store for download. Developers would like to pay a sum of the advertising expenses. It seems the mobile application distribution is an important advertising model for the future of social networking.

Second, consider the data of the mobile advertising platform.

In the mobile advertising platform, Facebook needs to cooperate with mobile advertising agents to help Facebook’s advertisers bid for mobile advertising platforms’ (such as AdMob and iAd) advertising space to filled in advertising content.

Facebook uses its own massive database of user information for income-generating through other mobile products’ flows. With all the user information available to it, Facebook has more advantages than other advertising platforms in the precision of advertising.

Third is the existing realizable assets of mobile advertising.

As Facebook news feeds display ads that arouse more users’ attention, they pull in higher ad prices with the growth of user stickiness. In addition, video advertising and the commercialization of the acquisition of Instagram is in full swing. At present, the three regions of the United States, Canada and Europe account for only 41% of monthly active users, but their revenue accounted for up to 74%, meaning that the markets of other countries have the continued potential and space to realize revenue.

Facebook in the past has had very bad performance in the mobile sector, but this year it made continued integration of mobile assets, which have finally reached the stage where they are ready to harvest.

Future Challenges of Facebook

There are two major challenges: the first is the income of mobile advertising in general still is lower than that of lucrative PC ads, which will affect Facebook’s operating margin. Facebook’s operating margin was 26% in the first quarter, a marked decline from 36% in the same period last year.

The second major challenge is the growth of Facebook’s total global subscribers has been slowing. Even many users in the United States have started to abandon the social network. Young people in the United States are beginning to shift to cool mobile applications.

View in PR Newswire Asia website: How Facebook Makes Money through Mobile Advertising: A Brief Talk from SooBest

Written by asiafreshnews

May 20, 2013 at 9:32 pm

Posted in All releases

Court Orders VisionChina to Pay Fine and Attorney Fees for Contempt of Court

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NEW YORK, May 20, 2013 /PRNewswire/ — The New York State Supreme Court has ordered defendant VisionChina Media Inc. (Nasdaq: VISN) and its subsidiary to pay plaintiffs Gobi Partners and Oak Investment Partners US$250 fine plus plaintiffs’ costs and reasonable attorneys’ fees in the amount of US$185,892.31 within fifteen days. This order is pursuant to the court’s grant of Motion for Contempt against VisionChina for failure to comply with the court’s August 13, 2012 order requiring transfer of US$60 million to the New York jurisdiction or mutually acceptable alternative arrangements.

The Court ordered the US$60 million transfer to ensure that funds are available to partially compensate Gobi and Oak should they prevail in their lawsuit against VisionChina relating to VisionChina’s acquisition of a promising digital advertising company called Digital Media Group (DMG), previously owned by Gobi and Oak. Gobi and Oak allege in the lawsuit that VisionChina willfully disregarded its contractual obligation to pay Gobi and Oak for the acquisition.

View in PR Newswire Asia website: Court Orders VisionChina to Pay Fine and Attorney Fees for Contempt of Court

Written by asiafreshnews

May 20, 2013 at 9:32 pm

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Recall Extends Global Leadership with New Information Center in China

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Global Leader in Records Management, Data Protection and Document Destruction Opens State-of-the-Art Facility in Beijing

NORCROSS, Ga., May 20, 2013 /PRNewswire/ — Recall, a global leader in document storage, secure document destruction, digital document management and data protection, today announced the opening of its newest Information Center facility in Beijing, China. The facility will provide document management services, digital services including imaging capabilities, and data protection services. The Information Center is designed to accommodate the rising demand from clients in China, including many global businesses.

Recall’s new Information Center will store confidential documents for some of the world’s biggest companies and successful startups. Recall’s operational excellence, guided by global standard operating procedures, ensures consistency with each of the company’s 300-plus facilities around the world. Each carton of information stored in the Beijing Information Center will benefit from Recall’s exclusive radio frequency identification (RFID) technology, by being quickly identified in any location in the Information Center. Recall’s RFID capabilities also provide its customers with comprehensive audit reports that help them comply with various regulatory obligations or internal records management requirements. Recall is the first and only company in the industry to provide this meticulous level of records management.

“The new Information Center in Beijing is the result of our continued success in emerging markets and ongoing global growth and leadership. The new facility will deliver expanded capacity, operational excellence and the culmination of our finest innovations to all of our clients in China,” said Recall’s Global Vice President Business Development, Espen Halvorsen.

The new Beijing Information Center is protected by cutting-edge security measures, ranging from biometric devices to advanced smoke and fire prevention systems. Recall’s industry-leading technology for safety and security is supplemented by the company’s secure chain of custody procedures, which tracks and monitors customer information from their doors to Recall. The company’s commitment to security ensures the protection of sensitive and critical business items. With global security standards that surpass local and national regulations, Recall’s Beijing facilities will enforce the stringent facility and vehicle standards, operational protocol and team training procedures that built Recall’s global reputation for excellence.

“Recall’s new Information Center in Beijing represents the cutting edge in every regard, from security and storage capacity to RFID innovation and customer service,” said Recall’s General Manager in China, John Ma. “In Beijing, our clients will enjoy the same local service and attention with global standards of excellence that governs each of our facilities.”

About Recall  
Recall is a global leader in managing information in multiple formats throughout its lifecycle. The company has more than 300 dedicated operation centers, spanning five continents in more than 20 countries. As a global leader in document storage, secure document destruction, digital document management, and data protection, Recall manages more than 100 million cartons worldwide. Recall is owned by Brambles Limited. For more information, please visit www.recall.com.

For Additional Information Contact:

Schwartz MSL  
Joe Palladino or David Sprague  
Recall@schwartzmsl.com  
+1-781-684-0770  

View in PR Newswire Asia website: Recall Extends Global Leadership with New Information Center in China

Written by asiafreshnews

May 20, 2013 at 9:17 pm

Posted in All releases

Insider Trading News for Aruba, Microsoft, Bank of America, Micron, Schlumberger, and Rite Aid

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HONG KONG, May 20, 2013 /PRNewswire/ — Insiderslab.com has issued insider trading reports for shareholders in US market. Today’s stock alerts includes Aruba (NASDAQ:ARUN), Microsoft (NASDAQ:MSFT), Bank of America (NYSE:BAC), Micron (NASDAQ:MU), Schlumberger (NYSE:SLB), and Rite Aid (NYSE:RAD).

(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)

Report Highlights:

Aruba Networks, Inc. (NASDAQ:ARUN): By the end of last trading session, the shares of Aruba (NASDAQ:ARUN) plunged US$4.51 (or 25.61%) to US$13.10 with 55.49 million shares exchanged hands, compared to daily average volume of 4.87 million. The trading price ranged between US$12.38 and US$13.16. During the last trading session, the share almost reached the 52-week low of US$12.36. Insiderslab.com found company CTO, Keerti Melkote, sold his share at price of US$22.31 on May 1. The company’s CEO, Dominic P. Orr, sold his share at price of US$22.41 on the same date. The company insiders sold his/her shares for about US$7.77 million during the last three months. Investors may want to find out how Aruba insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for ARUN here.

Read Full Report: http://www.insiderslab.com/PR3/052013A/ARUN/Aruba.pdf

Microsoft Corporation (NASDAQ:MSFT): By the end of last trading session, Microsoft (NASDAQ:MSFT) shares rose US$0.79 (or 2.32%) to US$34.87 with about 60.67 million shares exchanged hands for the session, compared to its average volume of 63.39 million shares. The share reached a new 52-week high of US$34.87 within the last trading session. Insiderslab.com found company Director, William H. Gates, sold his shares for about US$618.96 million in April. Investors may want to find out how Microsoft insiders like CEOs, CFOs and Directors are thinking about the future of the company.

Read Full Report: http://www.insiderslab.com/PR3/052013A/MSFT/Microsoft.pdf

Bank of America Corp (NYSE:BAC): By the end of last trading session, Bank of America (NYSE:BAC) earned US$0.07 (or 0.52%) to US$13.43 with about 107.34 million shares exchanged hands for the session, compared to its average volume of 132.57 million shares. Insiderslab.com found company Director, Linda Hudson, sold her shares at price of US$12.94 on May 10. Insiderslab.com believes that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Bank of America are starting to buy more company shares. See insider trade report for BAC here.

Read Full Report: http://www.insiderslab.com/PR3/052013A/BAC/BankofAmerica.pdf

Today Insiderslab.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.

Micron Technology, Inc. (NASDAQ:MU):

Read Full Report: http://www.insiderslab.com/PR3/052013A/MU/Micron.pdf

Schlumberger Limited. (NYSE:SLB):

Read Full Report: http://www.insiderslab.com/PR3/052013A/SLB/Schlumberger.pdf

Rite Aid Corporation (NYSE:RAD):

Read Full Report: http://www.insiderslab.com/PR3/052013A/CLF/RiteAid.pdf

Insider Filing Source Reference: All observations, analyses and reports are based on public information released by the U.S. Securities and Exchange Commission.

About Insiderslab.com:

Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.

Important Disclaimer:

Please visit insiderslab.com/disclaimers/disclaimers.php for details.

View in PR Newswire Asia website: Insider Trading News for Aruba, Microsoft, Bank of America, Micron, Schlumberger, and Rite Aid

Written by asiafreshnews

May 20, 2013 at 9:17 pm

Posted in All releases

Reveal Insider Trading for Ford Motor, Autodesk, Pfizer, Oracle, Exxon Mobil, and Home Depot

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HONG KONG, May 20, 2013 /PRNewswire/ — Pennystocksinsiders.com (PSI) has issued insider trading reports for the following hot stocks and Penny Stocks: Ford Motor (NYSE:F), Autodesk (NASDAQ:ADSK), Pfizer (NYSE:PFE), Oracle (NASDAQ:ORCL), Exxon Mobil (NYSE:XOM), and Home Depot (NYSE:HD).

(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)

Report Highlights:

Ford Motor Company (NYSE:F): By the end of last trading session, the shares of Ford Motor (NYSE:F) rose 3.01% (or US$0.44) to US$15.08 with 59.75 million shares exchanged hands, compared to its average daily volume 37.97 million shares. Through the last trading session, the share reached a new 52-week high of US$15.15. Pennystocksinsiders.com found company insiders sold his/her shares for about US$4.46 million in the first quarter. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Ford Motor are starting to buy or sell more company shares. Check this insider trade report for F here.

Read Full Report: http://www.Pennystocksinsiders.com/PR/052013A/F/FordMotor.pdf

Autodesk, Inc. (NASDAQ:ADSK): By the end of last trading session, Autodesk (NASDAQ:ADSK) shares slumped 6.71% (or US$2.67) to US$37.11 with about 16.96 million shares exchanged hands for the session, compared to its average volume of 2.86 million shares. The company adjusted its second quarter EPS for US$0.39 – US$0.44 with revenue $570 million, which was below market’s expectation. Pennystocksinsiders.com found company insiders sold his/her shares for about US$15.44 million within the past three months. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Autodesk are starting to buy or sell more company shares. See insider trade report for ADSK here.

Read Full Report: http://www.Pennystocksinsiders.com/PR/052013A/ADSK/Autodesk.pdf

Pfizer Inc. (NYSE:PFE): By the end of last trading, Pfizer (NYSE:PFE) shares lost US$0.29 (or 0.99%) to US$28.96 with about 37.64 million shares exchanged hands for the session, compared to its average volume of 35.86 million shares. Pennystocksinsiders.com found company Executive Vice President, Frank D’Amelio, sold his shares at price of US$29.33 for about US$2.93 million on May 15. Want to know when company insiders will buy their shares? Want to monitor this company on an on-going basis?

Read Full Report: http://www.Pennystocksinsiders.com/PR/052013A/PFE/Pfizer.pdf

Today Pennystocksinsiders.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.

Oracle Corporation (NASDAQ:ORCL):

Read Full Report: http://www.Pennystocksinsiders.com/PR/052013A/ORCL/Oracle.pdf

Exxon Mobil Corporation (NYSE:XOM):

Read Full Report:http://www.Pennystocksinsiders.com/PR/052013A/XOM/ExxonMobil.pdf

The Home Depot, Inc. (NYSE:HD):

Read Full Report: http://www.Pennystocksinsiders.com/PR/052013A/HD/HomeDepot.pdf

Insider Filing Source Reference: All observations, analyses and reports are based on public information released by the U.S. Securities and Exchange Commission.

About Pennystocksinsiders.com:

Pennystocksinsiders.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.

Important Disclaimer:

Please visit Pennystocksinsiders.com/disclaimers/index.php for details.

View in PR Newswire Asia website: Reveal Insider Trading for Ford Motor, Autodesk, Pfizer, Oracle, Exxon Mobil, and Home Depot

Written by asiafreshnews

May 20, 2013 at 9:02 pm

Posted in All releases

V-Key Inc. is Selected as a Finalist at the Innotribe Startup Challenge Showcase

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SWIFT innovation competition selects the most promising start-up businesses to compete in the final at Sibos

SINGAPORE, May 20, 2013 /PRNewswire/ — V-Key Inc., pioneer and inventor of mobile application intrusion protection and intelligence today announces its selection as a finalist at the SWIFT Innotribe Startup Challenge Regional Showcase to compete at Sibos 2013 in Dubai.  V-Key competed against 13 other start-ups, and delivered a compelling pitch to an audience of the financial industry’s leading angels, VC’s and key decision makers, held at InnovFest 2013, on May 16, 2013.

As one of the top five growth-stage finalists for the Asian Showcase, V-Key will now advance to the Innotribe Startup Challenge final to be held at Sibos, SWIFT’s annual conference, in Dubai in September, to compete against finalists from the London and New York Showcases.

Benjamin Mah, CEO, V-Key said, “We’re really excited to receive this great honor. This award further validates V-Key’s unique yet advanced offering we have for the mobile application security market meeting financial business and consumer needs. We look forward to being a part of the Challenge final this September.”

The Innotribe Startup Challenge saw 14 of the most promising FinTech and Financial Services start-ups present their businesses to an audience of dozens of the financial industry’s most influential innovation executives, early-stage investors and press.

Matteo Rizzi, co-founder of Innotribe said, “The Singapore Innotribe Startup Challenge was an unparalleled opportunity to get a glimpse into the future of the relationship between technology and financial services, and I hope we will continue to give some great businesses the platform they need in the industry. Congratulations to V-key on their achievements and we look forward to welcoming them at the Innotribe Startup Challenge final at Sibos later this year!”

The Singapore Startup Challenge was the second of three regional challenges to be held in 2013 and was sponsored by Invest NI, HP, Level39 and Sberbank. The New York Startup Challenges will be held on 13th June.

More information about the Startup Challenge, including the Singapore semi-finalists, is available at http://innotribe.com/2013-startup-challenge/.

For more information about V-Key please visit: www.v-key.com

About V-Key Inc.

V-Key focuses on mobile application threat research, protection, and intelligence solutions. V-Key researches into the latest mobile threats and delivers advanced protections to meet the evolving mobile application threat landscape, powered by its patent pending V-OS secure mobile middleware and V-Guard suite of products. For more information, please visit www.v-key.com or email enquiries to:robin.trovato@v-key.com

Robin Trovato
+1-650-388-9626
robin.trovato@v-key.com

View in PR Newswire Asia website: V-Key Inc. is Selected as a Finalist at the Innotribe Startup Challenge Showcase

Written by asiafreshnews

May 20, 2013 at 9:02 pm

Posted in All releases

Eversheds Launches Beijing Office With Two New Partner Hires

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BEIJING, May 20, 2013 /PRNewswire/ —

Eversheds has announced the launch of its Beijing office, opening on 20 May 2013, with the appointment of two new partners: corporate energy law expert Ingrid Zhu-Clark and corporate lawyer Jay Ze.

Ingrid Zhu-Clark joins Eversheds from the Beijing office of US law firm Morgan Lewis where she was co-Managing Partner. Ingrid’s practice is focused on the international oil and gas sector, in particular representing Chinese clients in outbound investment matters across multiple jurisdictions including Russia, Central Asia and Africa.

Ingrid’s appointment further strengthens Eversheds’ International Oil and Gas practice and follows the recent recruitment of a number of oil and gas specialists including Greg Hammond – Corporate Head of International Oil and Gas (London) who joined Eversheds from Akin Gump in February this year, Dani Kabbani (formerly in-house at Qatar Petroleum) – Corporate Projects Partner (Qatar) and Hussein Haeri – International Arbitration Group Principal Associate (Paris). Ingrid was attracted by Eversheds’ approach to developing long term integrated relationships.

Jay Ze practices cross-border M&A working with state-owned enterprises, global companies and investments banks across the globe. Prior to joining Eversheds Jay worked with international law firms in Beijing. Jay will play a material role in Eversheds Global M&A team as it develops both inbound and outbound opportunities in China.

Eversheds’ Beijing office was granted a license to practice in late 2012: Ingrid Zhu-Clark will be Managing Partner of the office.

Stephen Kitts, Eversheds’ Asia Managing Partner said:

“In the past five years, since the launch of our first office in the region, Asia has been a significant and growing market for Eversheds. We are confident that the recruitment of high calibre M&A experts like Ingrid and Jay will build on our success.”

Lee Ranson, Eversheds’ Managing Partner, who has Executive responsibility for developing the Asia region for Eversheds, said:

“The Beijing office opening marks the next stage in our journey to create a truly global law firm servicing our clients in their key markets. We are particularly excited by the expertise and depth these hires bring to our international energy and natural resources offering.”

Notes to editors

About Eversheds LLP

Eversheds LLP and its worldwide offices have over 4,500 people who provide services to the private and public sector business and finance community. Access to all these services is provided through 44 international offices in 26 jurisdictions. Eversheds combines local market knowledge and access with the specialisms, resources and international capability of one of the world’s largest law firms.

View in PR Newswire Asia website: Eversheds Launches Beijing Office With Two New Partner Hires

Written by asiafreshnews

May 20, 2013 at 9:02 pm

Posted in All releases

INFRAWARE Brings Expertise in Emerging Tizen Platform to Tizen Developer Conference 2013

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SEOUL, South Korea, May 20, 2013 /PRNewswire/ —

  • PAG, proprietary Android-to-Tizen conversion technology, to be showcased
  • Expert presentation on Tizen publishing via automated conversion/repackaging

With the Tizen operating system rapidly gaining traction among developers worldwide, INFRAWARE, an innovative mobile software and service company that helps people work and play better, will bring its expertise in Tizen to the 2nd annual Tizen Developer Conference in San Francisco.

At the conference, INFRAWARE will showcase Polaris App Generator (PAG), an Android-to-Tizen conversion technology that transforms Android games and applications to run on Tizen. The company will additionally demonstrate a service website that Android developers can visit to convert apps with PAG. Also, mobile platform specialist and INFRAWARE Senior Director of Technology, Hyeokgon Ryu, will present on publishing to Tizen via the automated conversion/repackaging of existing Android apps.

“As a sign of our commitment to Tizen and other new platforms, we are proud to introduce our leading solutions to Tizen Developer Conference 2013,” said Min Cheol Kwak, CEO of INFRAWARE. “Specifically, Polaris App Generator provides an effective resource for Android-to-Tizen conversion, and will also help boost the number of apps as well as cost efficiency for developers working with the Tizen platform.”

INFRAWARE’s PAG is based on its unique Polaris Android Framework (PAF) technology developed after long research in Dalvik Virtual Machine. PAF is a platform technology that allows Android applications to run on non-Android platforms including Tizen. It enables games and applications converted to Tizen, with the extension .tpk, to smoothly operate on diverse devices using the Tizen OS. To view a video demonstration of PAG, please visit the following: www.youtube.com/infrawareinc.

The expert presentation on publishing to Tizen via automated conversion/repackaging will take place on May 23 at 4PM in Imperial B. The session will provide an overview of PAG and the technology’s ability to automatically convert Android apps to Tizen. Also discussed will be PAG’s role in helping grow the popularity of Tizen by offering developers a low-cost solution to convert source apps across multiple platforms.

Tizen Developer Conference 2013, a technical conference for Tizen professionals and enthusiasts, will be held at The Hilton Union Square in San Francisco from May 22 to 24. INFRAWARE’s booth number is G11. For more information on the conference, please visit: https://www.tizen.org/events/tizen-developer-conference/2013.

About INFRAWARE

INFRAWARE (KOSDAQ: 041020) is a mobile solution and service company that has been providing differentiated software technology and innovation for the past 16 years in an ever-changing IT industry. With a variety of mobile solutions such as POLARIS Office as well as unique platform technologies, INFRAWARE plays an active part in a wide range of areas to ensure that people’s lives are smarter with rich content. Additional information is available at www.infraware.co.kr.

Contact:
Jeeyoung Jung
Corporate PR | INFRAWARE
Phone: +822-6190-7568
E-mail: jyjung@infraware.co.kr

Michelle Yeji Kim
Burson-Masteller Korea for INFRAWARE
Phone: +822-3782-6441
E-mail: yeji.kim@bm.com

View in PR Newswire Asia website: INFRAWARE Brings Expertise in Emerging Tizen Platform to Tizen Developer Conference 2013

Written by asiafreshnews

May 20, 2013 at 8:17 pm

Posted in All releases