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Archive for October 23rd, 2013

Life Technologies Extends Partnership with DNAVEC, Launches Next Generation Stem Cell Reprogramming Solution

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– R&D collaborative agreement aims to further develop Sendai virus-based tools for basic and translational research
CARLSBAD, Calif. /PRNewswire/ — Life Technologies Corporation has extended its collaborative agreement with Japanese firm DNAVEC Corporation to launch CytoTune™-iPS 2.0 Sendai Reprogramming Kit, the next-generation research technology that enables the most efficient method to develop induced pluripotent stem (iPS) cells from human somatic cells. The newest kit doubles the number of colonies that can be produced and represents the latest in a series of products that are planned from the collaboration.
CytoTune™-iPS 2.0 Sendai Reprogramming Kit uses a benign RNA virus developed by DNAVEC to deliver the reprogramming factors and clears out of the cell after about five replication cycles. The technology helps overcome major hurdles associated with traditional reprogramming techniques, which are highly inefficient and can lead to unwanted genetic mutations since vectors must insert themselves in the host cell’s DNA to deliver their payload.
By extending its collaborative research agreement with DNAVEC Corp., Life Technologies plans to build on the success it’s forged through the broad adoption of the CytoTune™ technology. Under the agreement, DNAVEC will undertake early stage R&D to apply its Sendai virus technology to third- and fourth-generation tools for use within the reprogramming and stem-cell workflows.
“This technology will provide revolutionary new tools to cell engineering research worldwide,”said Mamoru Hasegawa, Ph.D., President of DNAVEC. “We are excited about the initiation of a new collaborative development program with Life Technologies, which aims to develop new vectors and products.”
Efficient development of iPS cells provides highly sought-after advantages for the basic and translational research fields. Scientists who test existing or novel drugs in the hopes of treating specific conditions can have faster access to patient-derived, physiologically accurate cells for disease modeling studies.
“This partnership enables both organizations to leverage their respective strengths,” said Chris Armstrong, Ph.D., General Manager and Vice President of Primary and Stem Cell Systems at Life Technologies. “DNAVEC’s deep expertise in Sendai virus technology to develop breakthrough solutions is complemented by Life Technologies’ global distribution channels that can rapidly put these novel products in the hands of customers to accelerate research and the promise of stem cells.”
CytoTune™-iPS 2.0 Sendai Reprogramming Kit is for Research Use Only; not intended for diagnostic purposes.
About Life Technologies
Life Technologies Corporation (NASDAQ: LIFE) is a global biotechnology company that is committed to providing the most innovative products and services to leading customers in the fields of scientific research, genetic analysis and applied sciences. With a presence in more than 180 countries, the company’s portfolio of 50,000 end-to-end solutions are secured by more than 5,000 patents and licenses that span the entire biological spectrum — scientific exploration, molecular diagnostics, 21stcentury forensics, regenerative medicine and agricultural research. Life Technologies has approximately 10,000 employees and had sales of $3.8 billion in 2012.
Life Technologies’ Safe Harbor Statement
This press release includes forward-looking statements about our anticipated results that involve risks and uncertainties. Some of the information contained in this press release, including, but not limited to, statements as to industry trends and Life Technologies’ plans, objectives, expectations and strategy for its business, contains forward-looking statements that are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Any statements that are not statements of historical fact are forward-looking statements. When used, the words “believe,” “plan,” “intend,” “anticipate,” “target,” “estimate,” “expect” and the like, and/or future tense or conditional constructions (“will,” “may,” “could,” “should,” etc.), or similar expressions, identify certain of these forward-looking statements. Important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in filings made by Life Technologies with the Securities and Exchange Commission. Life Technologies undertakes no obligation to update or revise any such forward-looking statements to reflect subsequent events or circumstances.
Life Technologies Media Contact:
Atsuko Igawa
Tel: +81-36832-9446
Source: Life Technologies Corporation
Related stocks: NASDAQ-NMS:LIFE

Written by asiafreshnews

October 23, 2013 at 3:55 pm

Posted in Uncategorized

GE and Nextant Aerospace Announce Strategy to Bring New GE-Powered Aircraft to Market

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GE and Nextant to collaborate on a family of GE-powered aircraft
The first product of this collaboration will be the Nextant G90XT turboprop which will feature the GE H80 engines and Garmin G1000 Integrated Flight Deck
Nextant remanufacturing technology to breathe new life into the aging global King Air fleet
LAS VEGAS /PRNewswire/ — Nextant Aerospace (“Nextant”), maker of the Nextant 400XTi, the world’s only remanufactured business jet, today announced a strategic collaboration with GE under which GE will supply new engines for a new range of remanufactured aircraft.
Launch project for this collaboration will be Nextant’s first turboprop, the G90XT, based on the King Air C90 series and featuring GE H80 engines. As well as the King Air airframes, follow-on aircraft will include other aircraft platforms consistent with Nextant’s long-term business development strategy. As with the 400XTi, the Nextant G90XT will feature superior aircraft performance for half the purchase price and revitalize an aging King Air fleet whose technology is outdated and whose residual values are declining.
The combination of new GE powerplants, Garmin Integrated Flight Deck and a completely rebuilt and upgraded airframe, cockpit and cabin make the new Nextant family of aircraft not just the most capable but also the most cost-efficient aircraft in their class.
“The H80 engine for Nextant’s G90XT aircraft will incorporate several new features that bring additional value to customers,” said Brad Mottier, vice president and general manager of the Business and General Aviation and Integrated Systems organizations at GE Aviation. “We look forward to further collaboration with Nextant on more opportunities that lie ahead.”
“Nextant’s collaboration with GE is an exciting milestone in the history of our company,” said President of Nextant Aerospace Sean McGeough. “For our customers it means we can offer them an expanded range of products which all offer an exceptional combination of performance and economy. Nextant’s significant purchase price advantage is now matched by equally dramatic savings in fuel and maintenance costs, thanks to the advanced engine technology built into GE’s powerplants.”
New Technology for New Challenges
The GE H80 marks a step up in performance and economy from previous turboprops in this class. Drawing on GE’s deep experience in commercial and military engine design, manufacture and operations, it introduces significant improvements in aerodynamics and metallurgy so that the engine runs at higher temperatures and pressures than the competition. That translates into lower fuel burn and higher power output, even in hot and high conditions. Maintenance costs are lower, too, thanks to simplified design, advanced manufacturing techniques and a 3,600-hour TBO that requires no midpoint hot section inspection. A new integrated electronic engine control on the H80 engine enables single-lever power control, full auto-start capability and direct interface with the aircraft avionics system to further ease pilot workload. The new slower-turning gearbox drives a new generation of propellers designed specifically for Nextant to increase range and fuel efficiency while reducing cabin no ise.
Fit for a “King”
The G90XT is expected to come to market in 2014 and will be the world’s first remanufactured turboprop. The G90XT will benefit from an enhanced Garmin G1000 Integrated Flight Deck. Tailored for the G90XT, this version brings many jet-standard features to turboprop flying to deliver improved aircraft performance, low operating costs and a host of safety and maintenance benefits. A variety of Special Missions configurations will also be available, including air ambulance, freight, training, surveillance, and high-density seating. With over 1,500 King Air C90 series aircraft produced, Nextant will have no shortage of base airframes from which to choose.
Nextant Aerospace
Nextant Aerospace is recognized as the first company in the world to introduce aircraft remanufacturing to the business jet market. The Nextant 400XTi is a completely rebuilt Beechjet 400A/XP with Williams FJ44-3AP engines and the Rockwell Collins Pro Line 21™ integrated avionics suite. The new aircraft also has major aerodynamic enhancements and an improved engine mounting configuration with redesigned nacelles and pylons. The 400XTi is delivered with a two-year full-aircraft warranty and after-sales support provided by a global network of owned and authorized service centers. Founded in 2007, Nextant is based in Cleveland, Ohio. Nextant is a Directional Aviation Capital company. For more information, visit, like us on Facebook, follow us on Twitter @nextantaero or join us on LinkedIn.
Nextant Media contacts
Elizabeth Ricci
Customer Experience Manager
Richard Thomas
Communications Director
Source: Nextant Aerospace

Written by asiafreshnews

October 23, 2013 at 3:15 pm

Posted in Uncategorized

Seaborn Networks Receives Coface Guarantee for Brazil-US Cable Project

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French Export Credit Agency Supports Funding for Seabras-1 to be Built by Alcatel-Lucent
BOSTON /PRNewswire/ — Seaborn Networks today announced that Coface, the French Export Credit Agency, has issued, for the account of the French State, a “Promise of Guarantee” for a credit facility for the Seabras-1 Brazil-US cable project subject to certain closing conditions.
Seaborn Networks intends to use the buyer credit to facilitate the manufacture and installation of Seabras-1, a new four-fiber pair Brazil-US submarine cable system being built by Alcatel-Lucent for Seaborn Networks. Seabras-1 will be the first direct route between Sao Paulo and New York, and the system will also have a landing in Fortaleza, Brazil.
Seaborn Networks also announced today that the maximum design capacity for Seabras-1 has been increased from 32 Tbps to 40 Tbps in response to market and customer demand for high bandwidth services. “Our receipt of the Coface Guarantee is a critical achievement for the Seabras-1 project,” said Larry Schwartz, CEO of Seaborn Networks. “As Brazil and other South American countries continue to experience unprecedented growth in demand for telecommunications services, Seabras-1 is well positioned to support the region’s international communications needs.”
This new submarine cable system will be based on Alcatel-Lucent’s advanced 100 Gbps coherent technology, developed by Alcatel-Lucent in Villarceaux, near Paris. The ready-for-service date of Seabras-1 is in 2015.
Seaborn Networks is an independent developer and operator of submarine fiber optic cable systems, including Seabras-1 which is the first direct fiber optic cable between Sao Paulo, Brazil and the United States. Seabras-1 is a 40 Tbps system that will connect Sao Paulo and New York, with a branch that lands in Fortaleza, Brazil. Seaborn was founded by successful submarine cable and wholesale carrier executives with experience in designing, building and operating many of the world’s largest submarine and terrestrial networks. Prior submarine systems designed, built and operated by Seaborn’s management team represent a total of 75 landing stations, 250 points of presence and 250,000 km of submarine cable (more than 6X the circumference of the earth).
For additional information, see
Media Contact
Dan Taylor
Source: Seaborn Networks

Written by asiafreshnews

October 23, 2013 at 3:02 pm

Posted in Uncategorized

Asia Risk Unveils the Winners of its 14th Annual Awards for Risk Management and Derivatives Expertise

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HONG KONG, Oct. 22, 2013 /PRNewswire/ — Asia Risk magazine has published the winners of the Asia Risk Awards 2013 for risk management and derivatives expertise in its October issue.

The awards recognise excellence for derivatives services and risk management across the main credit, currency, energy / commodities, equity and interest rate asset classes, as well as regional and country house awards. Awards are also made to related businesses such as prime brokers, collateral managers and technology vendors.

“The last 12 months have seen an increasing appetite for complex products from North Asia while corporates elsewhere have looked for the best way to navigate through volatility on the FX and rates markets,” says Aaron Woolner, editor of Asia Risk. “Firms that did well in this year’s awards were either those with cutting edge structuring capabilities or those with a comprehensive coverage of the region and strong balance sheets.”

Standard Chartered is this year’s Asia ex-Japan winner for its unstinting commitment to developing the region’s capital markets – while other firms have dipped in an out of the market since the economic crisis, the London-based bank has continuously expanded its presence.

Market leading derivative expertise and excellent local market connections meant Goldman Sachs retained their house of the year Japan title, and it was also a good year for BNP Paribas which scooped the credit and interest rates titles. While a combination of smart thinking and excellent risk management propelled Credit Suisse to the equity and deal of the year awards.

Two new awards were given this year – collateral manager went to BNY Mellon, while platform went to Barclays’ Barx. The Japan Securities Clearing Corporation produced a stunning performance to take the revamped clearing house of the year award – previously this was for derivative exchange of the year.

Among the regional awards, ICBC and Siam Commercial Bank, which won the China and Thailand house awards respectively, stood out for going the extra mile to upgrade their risk management capabilities.

The judges – the Asia Risk editorial team – received numerous pitches for all the awards and spent more than a month interviewing the candidates about their submissions, before settling on a short list for each award. At that point, the team spoke with clients of short-listed candidates along with industry experts to corroborate their satisfaction with the service they had been provided.

The 14th annual Asia Risk awards dinner, celebrating the achievements of the winners, will take place following the 9th annual Asia Risk Congress on October 31, 2013 at the Four Seasons Hotel in Hong Kong.

Full list of winners:   
Derivatives House of the Year, Asia ex-Japan: Standard Chartered 
Derivatives House of the Year, Japan: Goldman Sachs
Regional Derivatives House of the Year: OCBC
Structured Product House of the Year: Societe Generale
Commodity Derivatives House of the Year: Standard Chartered
Credit Derivatives House of the Year: BNP Paribas
Equity Derivatives House of the Year: Credit Suisse 
Interest Rate Derivatives House of the Year: BNP Paribas
Currency Derivatives House of the Year: Standard Chartered
Deal of the Year: Credit Suisse
Renminbi House of the Year: HSBC
Clearing house of the Year: JSCC
Collateral manager of the Year: BNY Mellon 
Risk Manager of the Year: John Lee, Maybank
Private Bank of the Year: Citi
Platform of the Year Barclays Barx
Technology Company of the Year: Bloomberg
Technology Development of the Year: Calypso
Clearing bank of the Year: Citi
Prime Broker of the Year: Barclays
Consultancy of the Year: PWC
ETF Provider of the Year: db X-trackers
House of the Year, Australia: UBS
House of the Year, China: ICBC
House of the Year, Hong Kong: HSBC
House of the Year, India: DBS
House of the Year, Indonesia: CIMB Niaga
House of the Year, Korea: Korea Development Bank
House of the Year, Malaysia: CIMB
House of the Year, Singapore: DBS
House of the Year, Taiwan: CTBC
House of the Year, Thailand: Siam Commercial Bank 
House of the Year, Vietnam: BIDV


About Asia Risk

Asia Risk is the only financial risk management publication for the Asia-Pacific region. As global regulation drives financial institutions to overhaul their approach to risk and prepare for central clearing, Asia Risk is the definitive guide to these issues – for both the buy and sell side.

Celebrating its 18th year of publication, Asia Risk has become the information source for all finance professionals who need to know about risk management, derivative use and regulatory developments in Asia – from corporate treasurers and investment managers, to risk professionals in regional, commercial and investment banks.

Based in Hong Kong, Asia Risk’s editorial team not only provides unparalleled insight into what is happening at the cutting edge of risk management and regulation in each local market, but also investigates the latest investment strategies adopted by banks and institutional investors in the region.

A combination of in-depth features, interviews with industry leaders and regular news stories online means that Asia Risk is able to provide a depth of market coverage that other publications cannot.

Asia Risk is dedicated to informing and educating readers in the widening risk management arena to understand the challenges of risk management today – bankers, securities dealers, non-financial corporations, investors and regulators alike.

From exchange-traded and OTC products, legal, regulatory and documentation issues, to academic papers, practical trading and investment strategies, in addition to financial technology – Asia Risk takes complex material and delivers it in an easily digestible style. Asia Risk enables readers to stay abreast of all the major developments in financial risk management and derivative products across the region.

Editorial contacts:

Aaron Woolner, Editor
Tel: +852 3811 4833    Email:

For further information please visit

Source: Asia Risk

Written by asiafreshnews

October 23, 2013 at 2:44 pm

Savvis Introduces Big Data Solutions

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— Solutions suite unites enterprise-grade infrastructure with scalable, secure managed services to power data analytics
ST. LOUIS /PRNewswire/ — Savvis, a CenturyLink company (NYSE:CTL) and global leader in cloud infrastructure and hosted IT solutions, today announced the availability of Savvis Big Data Solutions, a full suite of services designed to help organizations glean the most value from their data.
Savvis Big Data Solutions gives enterprises and government organizations access to the compute, storage and high-bandwidth network capabilities required to power virtually any analytics application. The suite includes Savvis’ managed services for Cloudera and MapR platforms based on Apache Hadoop.
“Businesses wanting to transform their operations and customer experiences through powerful, new analytics capabilities need a robust IT foundation,” said Steve Garrou, vice president, global solutions management, at Savvis. “Savvis Big Data Solutions helps organizations maximize value from their analytics investments through scalable, secure infrastructure services that deliver faster time to market for competing in today’s dynamic marketplace.”
Big Data Solutions offers hosted, fully managed hardware and software services for optimizing data storage, integration, retrieval and analysis through:
Enterprise-grade Infrastructure-as-a-Service capabilities, including scalable compute and storage platforms, software and security services;
Secure, high-bandwidth network connectivity for accessing, integrating and processing massive amounts of data;
Software licensing and operations management for Cloudera and MapR distributions of Apache Hadoop, including configuration, monitoring, upgrades and security;
Big data planning and implementation services, including environment design, security planning and project management; and
Consulting services for client business-case development.
Savvis designed Big Data Solutions to respond to today’s rapidly evolving analytics technologies, which require substantial infrastructure and computing power to operate.
“Big data strains the ability of technology to store, process and access customer data,” writes Forrester Research Inc. principal analysts Mike Gualtieri and Noel Yuhanna in the July 2013 report, “Customer Engagement Can’t Begin Without A Next-Gen Customer Data Management Platform.”
“The increasing volume, velocity and variety of data should be a boon for customer data richness, but only if firms have the technology and processes to collect, store, process and access it. Traditional data management approaches often lag behind when it comes to huge data volumes, superfast data collection or the analysis of customer events stored in different data formats,” Gualteri and Yuhanna write.
The availability of Savvis Big Data Solutions follows the introduction of Savvis’ expanded solutions portfolio, announced earlier this month. For more information, visit
About Savvis
Savvis, a CenturyLink company, provides industry-leading IT infrastructure solutions that keep enterprises powered for business in today’s ever-changing global marketplace. Combining deep, proven experience with personal commitment, Savvis delivers cloud, colocation and managed-hosting services over advanced networks, enabling its clients to focus on their core environments and meet new market opportunities.
About CenturyLink
CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and hosted IT solutions for enterprise customers. CenturyLink provides data, voice and managed services in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers for businesses and consumers. The company also offers advanced entertainment services under the CenturyLink® Prism™ TV and DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America’s largest corporations.
For more information, visit or
Source: Savvis

Written by asiafreshnews

October 23, 2013 at 2:16 pm

Posted in Uncategorized

Carlson Rezidor Celebrates 75 Years as a Responsible Business

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7,500 trees planted in India and Philippines reinforces commitment to environment protection

SINGAPORE, Oct. 22, 2013 /PRNewswire/ — Carlson Rezidor Hotel Group, one of the world’s largest and most dynamic hotel groups, celebrates its 75th anniversary with a global commitment to plant 22,500 trees worldwide by 2014. The planting will be carried out through a global partnership with Plant It 2020 — the non-profit organization that helps reforest the world’s cities and forests. The partnership is a symbol of Carlson Rezidor’s continued commitment to being a responsible business in the communities in which it operates across Asia Pacific, the Americas and Europe, Middle East and Africa.

“We are marking Carlson’s 75 years of success with the planting of 7,500 trees in Asia Pacific. These trees are symbols of strength, longevity and continuity and they represent our long term commitment to the communities that we are part of. As we strive towards our ambition to be a leading hotel management company in this region with 130 operating hotels by 2015, we will also take the lead in being a responsible business taking care of the safety and well-being of employees, guests and customers, engaging in community work and reducing our negative impact on the earth,” said Simon C. Barlow, president, Asia Pacific, Carlson Rezidor Hotel Group.

The planting of 7,500 trees in the Philippines and in India is to be completed by the end of October 2013. In the Philippines, 3,750 trees will be planted in the Zambales province, one of the regions largely affected by the Mount Pinatobu eruption in 1991, which is currently facing extensive deforestation issues. In India, Ratnagiri — the south western part of Maharashtra has been selected for the planting of 3,750 trees, as it is one of the world’s top ten biodiversity hotspots and is in need of preservation due to uncontrolled mining, logging and other environmental issues. The species selected for this project are indigenous to their locations to ensure they provide both cultural and economic value over time. They will also be planted in non-harvest protected locations, to ensure they reach maturity and benefit local communities in the long-term.

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 CarlsonSM and Hotel Missoni). The group plans to grow the portfolio to nearly 1,500 hotels in operation and under development by 2015. In most of the group’s hotels, guests can benefit from the loyalty program Club CarlsonSM, one of the most rewarding loyalty programs in the world. Carlson Rezidor Hotel Group and its brands employ more than 85,000 people.

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

Contact details

Joanna Ong
Carlson Rezidor Hotel Group

Kate O’Shea
AKA Asia

Ben Gardeen
Carlson Rezidor Hotel Group
+1-(763)-212-1418 / +1-(763)-212-8129

Source: Carlson Rezidor Hotel Group

Written by asiafreshnews

October 23, 2013 at 12:32 pm

Posted in All releases

Dr. Rongxiang Xu to Reveal How Human Organs can Achieve Self-Regeneration during His Acceptance of the International Golden Biatec 2013 Award

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LOS ANGELES /PRNewswire/ — Dr. Rongxiang Xu has been awarded a Golden Biatec 2013 international award by the Informal Economic Forum (IEF) Economic Club for his exceptional contributions to organ regeneration science. Dr. Xu is the only international winner of this year’s Golden Biatec award, which has been given to previous nominees including former President George W. Bush, President Vladimir Putin and former President of France Jacques Chirac. A special award ceremony by the IEF will be held on the 24th of October, 2013 beginning at 2pm CET (8am EST and 5am PST in the U.S.) and will be broadcast simultaneously at two sites: Bratislava, the capital of Slovakia; and Los Angeles, California in the U.S. The videoconference will be available on internet as live webcast, at the following addresses: and
At the main venue in the capital of Slovakia, hundreds of prestigious personalities will be in attendance that will include: Mr Mihok, the chair of the World Chambers Federation, Ms D. Podmakova, the vice-president of the Slovak Academy of Sciences, ambassadors of various countries, as well as the world leaders in the fields of economy, commerce, science, education, etc. Dr. Xu will receive his award, which is in the form of a Gold Medal in Los Angeles, where he will give his speech in the company of many including two renowned economists (R. Y. Mosny and F. Pancurak, former Golden Biatec laureates) as specific representatives going to Los Angeles to award Rongxiang Xu the golden medal. Dr. Xu is being honored due to his “exemplary efforts to finding a solution for the regeneration of human organs.” Dr. Xu’s unique patent is game-changing not only in biology, but also in general science.
The first Golden Biatec was awarded two decades ago to the then president of the Republic of Slovenia, Mr. Milan Kucan. Many of the awarded VIPs took part in the meetings or communicated with the audience through the internet. Such a meeting via the internet took place in 1997 with the then Secretary-General of the OECD (Organisation for Economic Co-operation and Development) Donald Johnston, additional meetings took place in 1999 with Professor Jeffrey Sachs, in 2008 with the former Russian Prime Minister Yevgeny Primakov and in 2010 with the Nobel Peace Prize laureate Muhammad Yunus.
This year, Dr. Xu will receive his award via live webcast and will discuss his major scientific break-throughs in Organ Regeneration Science. Dr. Xu wants to share his message with people world-wide and provide an informative overview of the positive benefits of organ regeneration.
Dr. Xu’s speech will directly focus on the shift taking place in the organ regeneration era, which focuses on application rather than concepts. Viewers will have the chance to get to know the innate organ regeneration mechanism and how to initiate the mechanism to resolve the organ diseases uncured by the medical and scientific communities; therefore offering life enhancing and life saving information to the world.
About Dr. Rongxiang Xu:
Dr. Rongxiang Xu is the inventor and founder of “Human Body Regenerative Restoration Science” (HBRRS) and the patentee of damaged organ regeneration scientific route – a top priority claimed in President Obama’s 2013 State of the Union, the inventor of patent technological route that human somatic cells convert into pluripotent stem cells and regenerate physiological tissues and organs, as well as the inventor of Potential Regenerative Cell (PRC) patent.
Jane Westgate: +1-336-209-9276,
Cheryl Riley: +1-703-683-1798,
Source: Mebo International

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October 23, 2013 at 11:27 am

Posted in Uncategorized

M2 Retail Solutions Expands in Asia

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RYDOBRUK, Sweden and HONG KONG /PRNewswire/ — The acquisition of Hong Kong-based interior architecture firm Lui Design Ltd is one further step for M2 Retail Solutions into the global retail design market. This strategic collaboration reinforces M2’s status as a partner for high end retail brands on the developing Asian market.
In September 2013, M2 Retail Solutions Asia Ltd, a subsidiary of M2 Retail Group AB, acquired Lui Design Ltd. The Hong Kong based retail design and project management specialist is renowned for providing superior quality services to predominantly high end brands in fashion, jewellery and watches.
Active in Asia for the last 13 years, Lui Design Ltd currently employs 14 professionals at its offices in Hong Kong and Seoul. The firm’s client portfolio includes names like Hermes, Chloe, Piaget, etc.
“We’re greatly impressed by Lui Design’s work and its unparalleled status in the Asia Pacific sector. This region is an increasingly key market for international retailers as well as the M2 Group. We look forward to working together in order to improve our range of services to high end retailers worldwide,” said Christian Bjornstad, Chairman of M2 Retail Group AB.
Lui Design will continue operating as an independent company under the leadership of founder and Managing Director Andrea Lui, in partnership with M2 Retail Group AB.
The Swedish M2 Retail Group AB is one of the few, and undoubtedly one of the first European retail design specialists to enter the Asia Pacific market. In 2014 the group celebrate 10 years of activity in Asia.
M2 Retail Solutions provides comprehensive solutions for global premium retail store establishment – from designing retail store concepts to turnkey stores. Established in 1935 in Rydobruk, outside Halmstad, the company has offices located in Sweden, Denmark, China and Hong Kong. Over the last ten years, M2 Retail Solutions has handled retail design and shopfitting projects for over 2,000 retail stores and 1,500 shop-in-shops in more than 70 countries.
For more information, please contact:
Bjorn Jernberg, Director of Operations and Marketing, M2 Group, tel +46-7035-229-112
Andrea Lui, Managing Director, Lui Design, tel +852-28-10-91-21
Source: M2 Retail Solutions

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October 23, 2013 at 10:10 am

Posted in Uncategorized