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Archive for June 7th, 2013

Jin Jiang International Hotel Management Company to Open Stone Forest Jin Jiang International Resort in Stone Forest, Kunming, Yunnan, China

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SHANGHAI, June 6, 2013 /PRNewswire/ — Jin Jiang International Hotel Management Company officially announces the securing of the management contract of Stone Forest Jin Jiang International Resort with Yunnan Jia Yi Real Estate Co., Ltd. The resort is scheduled to open in February 2014.

Illustration of a villa at the resort
Illustration of a villa at the resort

Stone Forest Jin Jiang International Resort is located in the North of the scenic attraction Stone Forest (Shílín) approximately 120 km, a three hour drive, from Kunming, the capital of Yunnan province, Southwest China. Kunming is an increasingly popular destination for visitors due to its consistently warm climate, scenic landscapes, culture and cuisine. The Stone Forest is one of Kunming’s most notable attractions, and covering an area of 400 square kilometers, it is filled with natural limestone rock formations.

This five star resort is spread over 50,900 square meters, and will feature 118 well-appointed guest rooms in the main building, ranging between standard rooms and suites, and 40 spacious villas spread across the property. Each villa has 3 rooms each, with en suite bathrooms and a guest toilet, a shared dining and living space, and a working area on the 2nd floor. All the rooms in the resort are luxuriously designed with modern, high-end amenities.

The resort will have meeting and conference rooms and restaurants ranging from Chinese to Western cuisines. Additional recreational features include a luxurious spa, two tennis courts, an outdoor swimming pool and a recreational center with a gym and relaxation area.

Mr. Bernold O. Schroeder, Chief Executive Officer of Jin Jiang International Hotel Management Company states in anticipation of the opening:

 “We look forward to the opening of Stone Forest Jin Jiang International Resort as it will join one of our long established hotels, Kunming Jin Jiang Hotel, and be the second property to open in the Yunnan capital of Kunming. To have the hotel located in such a thriving location for visitors and particularly within the AAAAA-class tourist site of Stone Forest, this launch will thus showcase our exceptional hospitality services and brand strength in Kunming.”

About Jin Jiang International Hotel Management Company Ltd.

Jin Jiang International Hotel Management Company Ltd, the largest star rated hotel management company in China, has a portfolio of over 116 distinctive star rated hotels with a room inventory of over 37, 000 hotel rooms spread across 75 cities in China. Under the Jin Jiang branding concept, the company has a new premium “J” hotel brand, five star properties which include the renowned heritage collection, their four star Jin Jiang properties and the Marvel Hotels, which are geared more towards business travelers.

Jin Jiang International Holdings Company Ltd. (“Jin Jiang” or the “Group”), is China’s premier hospitality conglomerate, owner, developer and operator of hotels across all market segments. The Group manages, through its wholly owned subsidiary Jin Jiang International Hotels Management Company Ltd., the entire portfolio of owned and/or operated three, four and five-star hotels and its sister company Jin Jiang Inn which focuses on budget hotels. Jin Jiang International Hotels (Group) Company Ltd. is the leading operator and manager of hotels in China. Overall, the Group privately owns and operates a collection of over 900 distinctive hotels and inns in more than 200 cities and towns within 31 provinces, autonomous regions and municipalities across China with a total room inventory in excess of 190,000, and is ranked as the 9th largest hotel company globally.

Every Jin Jiang hotel is a memorable reflection of its destination’s unique style and culture. Jin Jiang International Hotels, with its qualified hotel management background and passion for excellence, dedicates itself to offering reputable hospitality services to its valued customers. With experience originating from the 1920s, its core competitiveness has accelerated in recent years. Together, the professional corporate and hotel management teams have extensive international hospitality experiences and backgrounds. This renowned company is rapidly growing and continues to strengthen and build its brand presence in China in addition to building into a strong internationally known brand.

Source: Jin Jiang International Hotel Management Company

Written by asiafreshnews

June 7, 2013 at 5:29 pm

DRYWIRED(TM) Receives MILITARY-STANDARD Certifications from QUANTA LABORATORIES for It’s Latest Protective Nano-Coating Technology

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— DryWired™’s surface modification technologies receive positive results from third party facility Quanta Laboratories after a rigorous weeklong examination of DryWired nano-coating’s resistance to Humidity, Salt, Water, Dust and Contaminants

LOS ANGELES, June 6, 2013 /PRNewswire/ — DryWired and its subsidiary DryWired Defense, called upon Santa Clara, California based Quanta Laboratories to test the resilience of the latest DryWired protective nano-coating against rigorous U.S. Military standards. Several DryWired nano-coated mobile devices such as the Apple iPhone 4s and the Samsung Galaxy S3 were tested under strenuous conditions. DryWired’s nano-coated mobile devices successfully met the demands of Military Standard certification. DryWired’s nano-coating was certified as having passed the Temperature Humidity Test (Per MIL-STD-810G Method 507.5), the Salt Fog Test (Per MIL-STD-810G Method 509.5), Water Ingress Test (Per IEC 60529 IPX7), and Dust Ingress Test (IEC 60529 IP5X. Particularly noteworthy is the Water Ingress Test, which gained DryWired’s nano-coating a new IPX7 certification of one (1) hourunder a meter of water, thereby doubling their competitor’s claims of timed immersions. The extent and variety of these tests further highlights the DryWired nano-coating’s ability to prolong the life of electronics subjected to a wide range of environmental hazards.


“We have spent the last few months looking for ways to strengthen our protective solutions and give further confidence to our customers that our nano-coating is the one to trust under harsh conditions. Today, it is with great pleasure that we publicize the results of several months of R&D,” said Chief Operating Officer of DryWired, Felipe Pimiento. “Having a reputable independent third party like Quanta Laboratories perform our U.S. Military standard testing was important to us especially now that our coating is available through the streamlined GSA Acquisition process.”

About DryWired
DryWired Defense™, a subsidiary of Los Angeles based technology firm DryWired, licenses, markets and distributes revolutionary patented nano-coating technologies internationally. DryWired™’s surface modification technologies are non-toxic, invisible, permanent and undetectable to touch. These nano-coating technologies were developed and refined over the last 30 years by Award-winning American and European engineers in the surface modification industries. DryWired™’s nano-coating technologies are backed by a combined 44 International Patent Families issued to our scientific and engineering partners.

About Quanta Laboratories
For over 20 years, Quanta Laboratories has supported product-testing requirements for the nation’s computer, fiber optics, telecommunications, medical, food, aerospace/defense, and other high-tech electronic industries. Quanta Laboratories is the largest and most experienced independent environmental testing laboratory in Northern California and a recognized provider of environmental stress screening (ESS/HALT/HASS), vibration, shock, temperature/humidity/altitude testing, NEBS/seismic testing, engineered test services and special tests.

For further information, or for a copy of DryWired’s certifications please contact:

Samantha Gonzalez
Off: +1-310-684-3891

Source: DryWired

Written by asiafreshnews

June 7, 2013 at 4:50 pm

Qnective Rolls out Secure Mobile Communications Solution to Indonesia

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ZURICH, June 6, 2013 /PRNewswire/ —

Major order secured from governmental organisations

The Swiss company Qnective ( has received a major order for its software solution Qtalk Defense for 120,000 users. This will incorporate the building of a secure communications network for various military and governmental organisations in Indonesia by using the public mobile networks. Members of each of these organisations will be able to exchange encrypted voice and data with one another confidentially and without the risk of third parties eavesdropping. Qtalk Defense is set up on standard smartphones (Android, Blackberry, iOS, Windows). Investing in additional digital networks has been avoided by using the existing public mobile networks.

The geographical situation of Indonesia, a country with more than 17,000 islands, made it essential for the Indonesian government that the secure communications solution is using the existing GSM networks. Like this, little additional customer costs for new hardware or infrastructure were generated. These challenges were mastered by the design and implementation of Qnective’s mobile software solution, Qtalk Defense. Qtalk Defense is running on commonly held Android, Blackberry and iOS devices.

Qtalk Defense: Military grade encryption standard

Qtalk Defense is a communication solution that enables telephony, chat and SMS messaging services implementing sophisticated security mechanisms to protect the information when transmitted over any type of IP access network. Qtalk Defense belongs to the Qtalk family and it is specifically designed for governmental offices, public organizations or military departments requiring strong protection in their daily communications when using mobile devices or desktop computers. Moreover, the customer can request project-specific adaptations like, for example, replacing the encryption algorithms or other security parameters in the product. For Indonesia, the outline agreement includes the licenses for 120,000 users, training and support as well as the handling of the network operations on site with local partners.

Read more about Qtalk Defense:

Read more about Qnective:

For further information and pictures, please contact
Qnective Media Relations
Marlene Frey
Thurgauerstrasse 54, 8050 Zurich / +41-44-307-50-20

Source: Qnective

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June 7, 2013 at 4:29 pm

Chengdu Operations Site Opening Marks another Milestone in Dell’s Development in China

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CHENGDU, China, June 6, 2013 /PRNewswire/ — Dell’s Chengdu Operations Site became operational today, signifying the next step in the momentous successes the company has had in China during the past 15 years. Michael Dell, chairman and CEO of the company, alongside Chengdu officials, attended the opening.

“Our commitment to China has never been stronger, and this on-going investment further demonstrates the importance of China to Dell’s strategy and future,” said Michael Dell, chairman and CEO. “We look forward to continuing to work closely with the government and private sector to help achieve China’s goals for productivity, efficiency, and sustainable growth.”

Located in the West District of Chengdu High-Tech Zone, the nearly 30,000 square meter site with its several thousand team members will leverage Dell’s global resources to produce desktops. With expected capacity to reach 7 million units a year, the site is poised to be highly valuable and productive for both China’s domestic market as well as for overseas markets in Europe and the United States. This will make the Chengdu Operations Site an important and intricate part of the global Dell supply chain.

“The Dell Chengdu Operations Site is a milestone in Dell’s ‘Go West’ strategy and underscores our deep commitment to the China market,” said Amit Midha, President of Dell APJ.

The Chengdu Operations Site is the first Dell operations site to fully deploy Dell’s new IT solutions within the factory; demonstrating the capability of Dell’s end-to-end solutions and marking an important manufacturing milestone.

The opening of the Dell Chengdu operations site will also help attract worldwide suppliers to the Chengdu area, which will in turn help local suppliers increase their ability to expand their services internationally. The new Dell site is also expected to spark the influx of additional manufacturing industries to Chengdu, helping to create a more efficient supply chain and distribution system in the region. According to figures released, as of the end of 2012, the annual output in manufacturing of laptops, tablets PC’s, and desktops in Chengdu has exceeded 100 billion yuan in value.
Source: Chengdu High-tech Industrial Development Zone

Written by asiafreshnews

June 7, 2013 at 4:27 pm

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A10 Networks Thunder Series Wins Two ‘Best of TechEd 2013’ Awards From Windows IT Pro

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SAN JOSE, Calif., June 6, 2013 /PRNewswire/ — A10 Networks, the technology leader in Application Networking, today announced that it won two Best of TechEd 2013 awards – one in the Hardware category with its A10 Thunder™ appliances, and one for the overall Attendees’ Pick category. A10 Thunder appliances are Application Delivery Controllers (ADCs) that provide Unified Application Service Gateway functionality by consolidating premium solution modules for intelligent Cloud services in the most efficient form factors.


The Best of TechEd awards, co-sponsored by Microsoft and Windows IT Pro, recognize Microsoft partners that offer innovative products and services for the industry. Winners were announced at the Microsoft TechEd North America 2013 conference in New Orleans, Louisiana.

“Our judging panel considered an impressive field of more than 250 submissions down to 33 finalists in 10 categories” said Jason Bovberg. “On the show floor, the team interviewed the finalists and evaluated the products to determine a final list of winners. As always, the three criteria for the judging process were strategic importance, competitive advantage, and value to customers. Show attendees also cast their votes to determine the winner of the prestigious Attendees’ Pick Award,” said Bovberg. “Our winners – and finalists! – represent some of the most innovative solutions on the market, from the big, established players to the new kids on the block.”

Judges said, “The A10 Thunder appliances are exquisitely designed hardware and software Application Delivery Controllers. This series won the category thanks to the bevy of innovations inside the hardware and software that make cloud applications faster, more flexible, and more secure with intelligent services convergence. The A10 Thunder platform’s compact size, streamlined performance, and green efficiency are unprecedented.”

“We are honored to receive two prestigious awards at the Microsoft TechEd event,” said Lee Chen, Founder and CEO for A10 Networks. “Our new Thunder Series are designed with state-of-the-art hardware and software to deliver advanced networking and security solutions.”

About A10 Networks
A10 Networks was founded in Q4 2004 with a mission to provide innovative networking and security solutions. A10 Networks makes high-performance products that help organizations accelerate, optimize and secure their applications. A10 Networks is headquartered in Silicon Valley with offices in the United States, United Kingdom, France, The Netherlands, Germany, Spain, Brazil, Japan, mainland China, Korea, Taiwan, Hong Kong, Singapore and Malaysia. For more information, visit:

A10 Networks, A10 Thunder, vThunder, ACOS, aCloud, aFleX, aXAPI, aVCS, Virtual Chassis, SoftAX, and aFlow are trademarks or registered trademarks of A10 Networks, Inc. in the United States and other countries.
Source: A10 Networks

Written by asiafreshnews

June 7, 2013 at 4:16 pm

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Milestone Systems is Number One in EMEA and Shares Number One Global Ranking

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COPENHAGEN, June 6, 2013 /PRNewswire/ —

Video Surveillance Market Analysis 2013 Report from IHS

Milestone Systems, the open platform company in IP video management software (VMS), has been ranked as the number one vendor in the Europe/MiddleEast/Africa (EMEA) regions and shared the number one position globally for the VMS market in the latest surveillance industry report conducted by IMS Research, now part of IHS Inc. (NYSE: IHS).

IHS Inc. has published the tenth edition of the IMS Research report called World Market for CCTV and Video Surveillance Equipment, with results based on financial data from 2012. It contains information on suppliers who provide analog and digital video surveillance components such as cameras, recording solutions and video encoders.

Milestone Systems is estimated to have had the highest revenues for VMS software in EMEA in 2012 and equal highest revenues in the world, according to IHS. “This is the first time that two companies have shared the leading position in the global VMS market,” said Jon Cropley, Principal Analyst at IHS.

Today in its 15th year of business, Milestone Systems has continually demonstrated solid growth in many regions, continually evolving in the international arena. IMS Research (now owned by IHS Inc.) in earlier reports on surveillance software revenues has consistently ranked Milestone globally as either number one or number two, in a group of about half a dozen top competitors. The world market for surveillance software has been notably fragmented, especially by local presence where languages and currencies play a determining role. Some percentage changes in standings can also be attributed to variances in exchange rates.

The 2013 edition of this highly acclaimed report from IHS analyzes the current state of the video surveillance market and forecasts its future direction. It highlights the varied nature of regional markets around the world. It also discusses both political and financial influences and analyzes the impact of technology trends such as the transition from analog CCTV to network video surveillance, the transition to High Definition (HD) network security cameras, and open interoperability standards. According to the new report, the world market for video surveillance equipment is forecast to almost double in size between 2012 and 2017.

“Competition is healthy, spurring continued commitments to improvements that benefit the customers and the providers themselves. Look at what this means for the industry: the top players have all grown their revenue which shows that user demand for IP solutions is very strong,” says Lars Thinggaard, President and Chief Executive Officer (CEO) at Milestone Systems. “Leadership is about being a consistently strong organization that continues to deliver top products and support relationships – how a company carries out its business is very important for long-term success. Milestone is a company built on the core concept of openness, to encourage more contributions and more choices.”

Besides over 100,000 customer installations of Milestone XProtect software offerings for both complex and simple surveillance needs, Milestone Systems has achieved an impressive ecosphere of partners: 7,000 channel partners and 750 solution partners are mobilized around the open platform, which creates more value and innovation for everyone. Working with more than 100 camera manufacturers, Milestone currently supports over 2,000 models of network video hardware. The XProtect Software Development Kit (SDK) and Application Program Interfaces (APIs) have currently enabled hundreds of innovative integrations with third-party solution providers, and many more are on the way.

Lars Thinggaard states: Milestone’s vision is to drive the convergence of video surveillance and IP-based business systems. To achieve this, our open platform embraces the expertise of our many partners and empowers more innovation. This adds value for the entire industry and customers alike. That is the leadership we aim to demonstrate.”

About IHS Inc.

IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs more than 6,000 people in 31 countries around the world.

About Milestone Systems

Founded in 1998, Milestone Systems is a global industry leader in open platform IP video management software. Delivering powerful surveillance that is easy to manage, reliable and proven in thousands of customer installations around the world, Milestone software supports flexible choices in network hardware and integrations with other systems. Sold through partners in more than 100 countries, Milestone solutions help ‘video enable’ organizations – managing risks, protecting people and assets, optimizing processes and reducing costs.

Source: Milestone Systems

Written by asiafreshnews

June 7, 2013 at 3:58 pm

SunWize Technologies To Design And Install Solar Electric Systems In Independent Samoa

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— Flagship 546 kW project will help island nation generate renewable and affordable electricity

SAN JOSE, California, June 5, 2013 /PRNewswire/ — SunWize Technologies, Inc., is designing and installing what will be the Independent State of Samoa’s largest solar electricity generation system. With an expected completion date in late 2013, the 546kW project with Samoan power utility Electric Power Corporation (EPC) is a notable international installation for SunWize, a leading provider of sustainable energy solutions.

“Currently, diesel power plants generate approximately 60 percent of Samoa’s electricity, making the country dependent upon imported fossil fuels,” said Rapa J. Young, solar project team leader for EPC. “As a result, fluctuating global oil prices have a tremendous effect on electricity tariffs. We believe our investment in this renewable solar energy project will allow us to reduce Samoa’s dependency on fossil fuels and provide its citizens with a more reliable, stable and affordable supply of electricity.”

Expected to generate 700,000 kWh annually, the project will span three separate sites on two Samoan islands—Savai’i and Upolu. The communities of Salelologa, Savai’i and Tanugamanono, Upolu will be home to two ground-mount installations, while the Vaitele, Upolu site will contain both a ground mount array and a solar canopy building that will also be used for EPC equipment storage. The Government of Japan is financing the project through the Pacific Environment Community (PEC) Fund.

Samoa’s island location in the South Pacific will provide the SunWize team with a number of logistical challenges throughout the project’s duration. However, according to David Eveland, Vice President of Sales for the Sustainable Energy Group, SunWize has the expertise to make the Samoan project a success. “SunWize successfully installed a 1.8 MW system at the airport in neighboring American Samoa in 2012 as well as a smaller system at the VA Hospital in Pago Pago,” Eveland explained. “The experience and information we gained during these particular installations will be invaluable as we launch this new project in another tropical, island environment.”

The solar electric system in Independent Samoa must be able to withstand 124-mile-per-hour typhoon-force winds and extremely corrosive ocean air. Using its engineering and design experience from the Pago Pago projects, the SunWize team applied the similar principals to all the ground mount systems, as well as the solar canopy planned for Vaitele to withstand the high wind loads. The Company was also able to implement a similar extensive corrosion control plan dictating appropriate galvanization methods for solar module frame mounting and grounding. The plan will limit the system’s potential for corrosion, extending its life to an estimated 25 years.

“This new solar installation will help Samoa take a major step toward improving its energy efficiency while also helping us develop greater skills and capacity in the growing renewable energy field,” EPC’s Young added. “We’re excited to see this project come to fruition and provide positive environmental and financial benefits for both current and future generations of Samoans.”

SunWize is a wholly-owned subsidiary of Mitsui & Co. (USA). Mitsui, a global Fortune 150 and $66B organization, is listed on the Dow Jones Sustainability World Index. Delivering sustainable energy solutions to leading public and private organizations for over twenty years, SunWize is a global Engineering, Procurement, and Construction company, a premier Distributor of sustainable energy products, and a Developer of engineered solutions for mission-critical projects. By leveraging Mitsui’s global network both upstream and downstream, SunWize provides Businesses, Government Agencies and Dealers with the resources they need to execute sustainable energy projects on time and within budget. For more information, visit
Source: SunWize Technologies, Inc.

Written by asiafreshnews

June 7, 2013 at 12:06 pm

Posted in Uncategorized

Radisson Blu “Turns Your World Blu” for Summer Travel

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Radisson Blu Launches Campaign with Contest to Win Trip Around the World to Not One — but a Customized Collection of Dream Destinations — as well as Seasonal Offers to Hotels Around the World

SINGAPORE, June 5, 2013 /PRNewswire/ — Radisson Blu, one of the world’s leading hotel brands, is hoping to “Turn Your World Blu” this summer. The campaign features an online contest with a chance to win a trip around the globe with stays at the Radisson Blu hotels of your choice, as well as highlights a variety of original summer offers at Radisson Blu hotels around the world including Asia Pacific.

“Wherever you most want to visit in the world — and whatever you most want to do — Radisson Blu can turn your dream into a reality,” said Rose Kutzli, vice president, Branding. “With over 270 hotels in operation in 62 countries, Radisson Blu hotels span every corner of the world, and each hotel offers an experience more unique than the next.”

To enter the “Turn Your World Blu” ( online contest, visitors are asked to identify the perfect places and things they most wish to do on a dream vacation. From “Blu skies, sun and beaches” to “The Blu period: art & museums” to “New Blu you: learning hot new skills”, these choices highlight a wide variety of experiences possible at Radisson Blu hotels. Participants must also complete two quick, playful questions about the Radisson Blu brand and their dream destination.

One lucky winner will be chosen from contestants who are able to creatively describe why they wish to visit their dream destination. The “Dream Trip for Two”, consists of not just one, but a customized collection of up to 30 free nights at their favorite Radisson Blu hotel destinations around the world, plus Round the World Flight Award Tickets for two from the Lufthansa Miles & More program. The contest is open between now and August 15, 2013. Complete details, including official rules, are available online at (

“Turn Your World Blu” also showcases a wide variety of exciting getaways ideal for summer travel. Guests who stay at participating Radisson Blu hotels in Asia Pacific can enjoy up to 30% off the Best Available Rates for a minimum two-night stay. The booking period is from now to September 20, 2013, for stays between June 17, 2013 and December 30, 2013. Visit and to book your hotel.

“Asia Pacific is turning a cool Blu this summer with irresistible holiday experiences and fabulous hotel stay experiences. Be delighted by the World of Radisson service offerings while staying in our Radisson Blu hotels and at the same time, make the most of your dollar and have a longer leisurely summer. This summer is a great time to see an array of diverse and interesting destinations in Asia Pacific where Radisson Blu hotels have become the best places to explore new cities and locations,” said Lucinda Semark, executive vice president, Revenue Generation, Asia Pacific, Carlson Rezidor Hotel Group.

Radisson Blu is recognized as one of the world’s leading upper upscale hotel brands. Highly anticipated recent openings in the in Asia Pacific include: Radisson Blu Hotel Shapingba, Radisson Blu Plaza Chongqing, Radisson Blu Resort Wetland Park Wuxi, Radisson Blu Hotel Ludhiana, Radisson Blu Hotel Ahmedabad, Radisson Blu Hotel Chennai City Centre, Radisson Blu Hotel Ghaziabad, Radisson Blu Hotel Jaipur Airport, Radisson Blu Hotel Nagpur and Radisson Blu Plaza Hotel Hyderabad Banjara Hills in 2012. Several more Radisson Blu hotels are slated to open in the region later this year, including Radisson Blu Plaza Bangkok, Radisson Blu Hotel Kolkata Hastings, Radisson Blu Plaza Hotel Mysore and Radisson Blu Hotel Guwahati.

About Radisson Blu

Radisson Blu is one of the world’s leading brands with more than 356 hotels in operation and under development in 77 countries. Radisson Blu’s vibrant, contemporary and engaging hospitality is characterized by a unique Yes I Can!(SM) service philosophy, and all of its first class hotels offer a range of World of Radisson features that are empathetic to the challenges of modern travel, including the 100% Satisfaction Guarantee. Distinguished the world over as the HOTELS DESIGNED TO SAY YES!™,  Radisson Blu offers a vivid visual celebration of leading-edge style where the delight is in the detail.  Radisson Blu properties are located in prime locations and in major cities, airport gateways and leisure destinations across the world. For additional information, visit

About Carlson Rezidor Hotel Group

Carlson Rezidor Hotel Group is one of the world’s largest and most dynamic hotel groups. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels in operation and under development, a global footprint spanning 100 countries and territories and a powerful set of global brands (Radisson Blu, Radisson®, Park Plaza®, Park Inn by Radisson, Country Inns & Suites By Carlson(SM) and Hotel Missoni). In most of the group’s hotels, guests can benefit from the loyalty program Club Carlson(SM), one of the most rewarding loyalty programs in the world. Carlson Rezidor Hotel Group and its brands employ more than 80,000 people.

Carlson Rezidor Hotel Group is headquartered in Minneapolis, Minn., and Brussels, Belgium.

Contact details

Joanna Ong, Carlson Rezidor Hotel Group | +65-9172-3008 |
Kate O’Shea, AKA Asia | +65-6222-6136 |
Ben Gardeen, Carlson Rezidor Hotel Group | +1-(763)-212-1418 or +1-(763)-212-8129 |

Source: Carlson Rezidor Hotel Group

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June 7, 2013 at 11:51 am

Wall Street Journal And HarperCollins Co-Publish ‘Crimes Against Women,’ New e-Book About The Delhi Rape Case And Female Exploitation In India

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LONDON, June 6, 2013 /PRNewswire/ — The Wall Street Journal and Harper, an imprint of HarperCollins, announced today the release of ‘Crimes Against Women: Three Tragedies and the Call for Reform in India,’ a new e-book featuring the most comprehensive and in-depth coverage to date of the rape of a young woman in Delhi last December. Written by Wall Street Journal Asia Editor Paul Beckett (@PaulWSJ) and Delhi-based reporter Krishna Pokharel (@PokharelKrishna) along with contributions from other reporters and editors from The Wall Street Journal, the book also examines two other narratives of exploitation and abuse in India and is available for download from Apple iBooks, Amazon and Barnes & Noble.

Other highlights from the book include:

Updates on the fate of the suspected rapists and the efforts of the young woman’s family to cope with her brutal death;
Analysis of the forces that have created a dramatically unequal society, one where women experience harassment on a daily basis and often much more serious aggression;
A series of recommendations that would alter this picture, which includes the need for politicians, civil society groups and law-enforcement authorities to face the problem rather than downplaying it, and for every Indian family to look inward at how women are treated in the home;
Two accompanying in-depth narratives that go far beyond the Delhi rape case in showing how women can easily be exploited and abused in a country where, in theory and before the law, men and women have equal rights. One probes the 2011 murder of a Catholic nun who was opposed to the expansion of mining in a tribal district. The other follows the Dickensian tale of a young woman duped into leaving her village with three young children and the dire consequences that result;
New and updated information on all three cases, bringing readers the latest on three crimes that shook the nation and changed how the world views India.

This is the second e-book co-published by The Wall Street Journal and Harper in recent weeks. The first, “Pope Francis: From the End of the Earth to Rome,” revealed new insight into how Pope Francis was elected.

A print version of ‘Crimes Against Women’ will be available in bookstores in India in mid-July. To purchase and download the e-book, please visit:

To read an excerpt, please visit:

About The Wall Street Journal

The Wall Street Journal is America’s largest newspaper by total average circulation with more than 2.3 million subscribers and 36 million global digital visitors per month. In recent years, The Journal has expanded its core content offering to include coverage of the arts, culture, lifestyle, sports, and personal health, building on its heritage as the leading source of business and financial news. Published by Dow Jones, one of the world’s largest news gathering operations with 2,000 journalists in more than 50 countries, the Wall Street Journal now spans 12 editions in nine languages, engaging readers across newspapers, websites, magazines, social media, and video. The Journal holds 35 Pulitzer Prizes for outstanding journalism.

About HarperCollins Publishers

HarperCollins, one of the largest English-language publishers in the world, is a subsidiary of News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV). Headquartered in New York, HarperCollins has publishing groups around the world including the HarperCollins General Books Group, HarperCollins Children’s Books Group, HarperCollins Christian Publishing, HarperCollins UK, HarperCollins Canada, HarperCollins Australia/New Zealand, and HarperCollins India. HarperCollins is a broad-based publisher with strengths in literary and commercial fiction, business books, children’s books, cookbooks, mystery, romance, reference, religious and spiritual books. With nearly 200 years of history, HarperCollins has published some of the world’s foremost authors, including winners of the Nobel Prize, the Pulitzer Prize, the National Book Award, the Newbery Medal, and the Caldecott. Consistently at the forefront of innovation and technological advancement, HarperCollins is the first publisher to digitize its content and create a global digital warehouse to protect the rights of its authors, meet consumer demand, and generate additional business opportunities. You can visit HarperCollins Publishers on the Internet at:
Source: Dow Jones & Company

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June 7, 2013 at 11:16 am

Posted in Uncategorized

SunGard and Bank of America Merrill Lynch Release Results of Asia Pacific Treasury Barometer Survey

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Cash visibility, yield enhancement, cash concentration, account rationalization and mitigation of counterparty risk identified as key treasury priorities

Cash flow forecasting cited as a primary challenge across the Asia Pacific region

Adoption of innovative treasury technology tools remains a work in progress

HONG KONG, June 5, 2013 /PRNewswire/ — SunGard and Bank of America Merrill Lynch Global Transaction Services (GTS) today announced the key findings of their inaugural Asia Pacific Treasury Barometer survey. ( The opinions expressed in the Asia Pacific-dedicated survey provide one of the most comprehensive examinations of the present and future priorities of the rapidly evolving regional treasury management industry.

Foremost, the results reveal that the five key priorities for treasurers in Asia Pacific over the next 12 to 24 months will be improving cash visibility, yield enhancement and interest expenses, cash concentration, rationalizing bank accounts, and mitigating counterparty risk.

  • Improving cash visibility: The most common priority regionally over the next 12 to 24 months, with over 60 percent of respondents identifying this objective as a primary area of focus.
  • Yield enhancement:Combined with a focus on minimizing interest expenses, yield enhancement was cited by over 44 percent of respondents as a major treasury priority.
  • Cash concentration: Approximately 44 percent of treasurers and treasury professionals will devote more attention to cash concentration, most frequently in the middle market.
  • Rationalizing bank accounts: Of respondents, 38 percent identify rationalization of bank accounts as a key priority, particularly in corporations in the highest revenue bracket.
  • Mitigating counterparty risk: Seventeen percent of survey respondents will focus more efforts on enhanced risk mitigation structures.

Cash flow forecasting, a modeling method used by corporations to determine future financial liquidity, was identified by treasurers as a specific pain point of operating in the Asia Pacific region. Only 14 percent indicated complete satisfaction with their cash flow forecasting processes. Additionally, 66 percent of respondents indicated that they don’t utilize treasury tools for cash flow forecasting.

The survey results demonstrate that unsatisfactory cash flow forecasting processes are largely due to complications arising from internal platforms, policies and procedures rather than the solution suites currently provided by banks and technology vendors. The top five factors inhibiting accurate cash flow forecasting are identified as inaccurate sales targets and projections (35 percent), lack of internal systems integration (35 percent), limited availability of resources (23 percent), ineffective centralized reporting processes (23 percent) and inefficient collections processes (19 percent).

Furthermore, respondents offered insights into the role technology plays in enhancing regional treasury structures and cash flow forecasting. Across both emerging and developed markets, 69 percent of treasurers and treasury professionals still rely on spreadsheets to run their treasury management operations. Enterprise Resource Planning (ERP) and in-house systems are favored by 26 percent and 23 percent of treasurers, respectively. An additional 16 percent of companies opt for a specialist vendor for technology requirements such as hosted or cloud-based solutions.

“The Asia Pacific Treasury Barometer survey stands as one of the most comprehensive treasury-specific research projects ever undertaken. The results clearly show that sophistication is developing in treasuries across Asia Pacific, but plenty of work remains. Encouragingly, corporations are committing themselves further to improving cash visibility, enhancing yield and concentrating cash priorities. In anyone’s language, these are extremely positive developments for the larger treasury management space and trends that play to our global strengths as a leading treasury management solution provider,” said Ivo Distelbrink, head of Global Transaction Services, Asia Pacific, Bank of America Merrill Lynch.

“Domestic reform and increasing internationalization will continue to be the key challenges facing treasuries across Asia for the next 12 to 24 months, a sentiment echoed in their unanimous top priority of ‘cash visibility.’ Few treasuries are satisfied with the status quo of manual processes and spreadsheets which remain entrenched largely due to internal systems integration issues. Across the board, treasurers have identified clear plans for change across their bank relationships, cash forecasting, treasury management and connectivity. The learning curve will be steep, and technology will take a critical role as an enabler. The quickest wins will also have the deepest long-term impact: treasurers must critically challenge their own biggest barriers, internal processes and policies,” said Michael Fullmer, senior vice president, Asia for SunGard’s Corporate Liquidity business.

The results were framed by the opinions of over 900 treasurers and treasury professionals, who were asked to identify business priorities, pinpoint market challenges and emerging trends.

The survey was conducted in the first quarter of 2013. Respondents to the SunGard Bank of America Merrill Lynch Asia Pacific Treasury Barometer represented companies across 14 industries across Asia Pacific, and also included opinions from treasurers covering the region from Europe and North America.

Survey respondents represented companies of all revenue sizes. Approximately 60 percent of respondents considered themselves mid-market companies with less than $1 billion in annual sales. Twenty-five percent of respondents’ companies post revenues in the $1-10 billion category, while 15 percent had annual sales above $10 billion.

To ensure relevance to Asia Pacific treasurers and treasury professionals, SunGard and Bank of America Merrill Lynch drew upon their respective regional and global strengths to frame the content and identify key themes when developing the survey.

Download the complete study at:

About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard serves approximately 25,000 customers in more than 70 countries and has approximately 17,000 employees. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of over $4.0 billion, SunGard is one of the largest privately held IT software and services companies. For more information, please visit

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Bank of America

Bank of America is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We serve approximately 52 million consumer and small business relationships with approximately 5,400 retail banking offices and approximately 16,300 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world’s leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated, which is a registered broker-dealer and member of FINRA and SIPC, and, in other jurisdictions, a locally registered entity. Investment products offered by Investment Banking Affiliates:  Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.

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Source: SunGard

Written by asiafreshnews

June 7, 2013 at 10:01 am