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Frost & Sullivan Announces 2014 Manufacturing Leadership Award Winners

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— Procter & Gamble, BMW, Merck, Dow, GE, and fellow award winners from around the world to be honored at the Manufacturing Leadership Summit June 3-5

MOUNTAIN VIEW, Calif., March 17, 2014 /PRNewswire/ — Frost & Sullivan’s Manufacturing Leadership Council today honored 100 world-class manufacturing companies and individual leaders as winners of the 2014 Manufacturing Leadership Awards (ML Awards).

In a world of intensifying global competition and accelerating change, recipients of the ML Awards have distinguished themselves by embracing breakthrough innovation and enabling their companies to anticipate and respond to customers with unmatched agility.

Now in their tenth year, the Manufacturing Leadership Awards honor companies and individuals that are shaping the future of global manufacturing. Nominations are entered into 11 categories and are evaluated and scored by a panel of expert judges. Nine of the ML Awards categories are for outstanding projects undertaken and completed by a manufacturing company. Two categories recognize the achievements of individual manufacturing leaders.

Manufacturing Leadership Award winners and their technology partners will be honored on June 5 at a gala celebration that follows the tenth annual Manufacturing Leadership Summit in Palm Beach, FL, a unique gathering of manufacturing leaders from around the world. The theme for the 2014 Summit is “The Next Industrial Revolution: What Will Your Company Look Like in 2030?” Featured speakers include Marco Annunziata, Chief Economist and Executive Director, Global Market Insights, General Electric; Dr. Stephen Hoover, CEO, Palo Alto Research Center; Ralph Resnick, Founding Director, America Makes; and Catherine Clegg, Vice President, Global Manufacturing Engineering, General Motors.

Expert judges for the 2014 ML Awards were Jim Davis, Vice Provost, Information Technology and Chief Academic Technology Officer, UCLA; Sath Rao, Vice President, Research, Industrial Automation and Process Control, Frost & Sullivan; Morris Lenczicki, Vice President, Communications and Social Responsibility, L’Oreal USA Inc.; Val Zanchuk, President, Graphicast Inc.; Brad Heath, CEO, VirTex Enterprises LP; David R. Brousell, Global Vice President and Editorial Director, Manufacturing Leadership Council; Bob Macintosh, CEO, Nicolet Plastics; Peter Antoinette, President and CEO, Nanocomp Technologies Inc.; John Gagel, Corporate Manager Sustainability, Lexmark International; Miguel Angel Lozano, Innovation Director, CEMEX; Brad Martin, Vice President Engineering Operations and Quality, Extreme Networks; George Nickel, Director Global Process Architecture (retired), Johnson & Johnson; Jill O’Sullivan, Professor, Farmingdale State College; and Terry Smith, Senior Vice President and Executive Leader, Lion-Vallen Industries.

The Manufacturing Leadership Council is pleased to announce the winners of the 2014 Manufacturing Leadership Awards:


Customer Value Leadership:
Zoetis Inc
Cisco Systems Inc.
Emerson InterMetro Industries Inc.
Land O’Lakes Inc.
Lenovo Lexmark International Inc. (Device Field Performance Analysis)

Lockheed Martin Aeronautics Co. (Manufacturing Earned Value Management System)
NCR Corporation
Procter & Gamble (Consumer Place) rapid prototyping and manufacturing (rp+m)

VirTex Enterprises LP Avnet Technology Solutions.

Engineering and Production Technology Leadership:
AGCO Corp. EMC Corporation (EMSD Engineering Lab Transformation)

Extreme Networks Inc. (Automation in Software Quality Assurance)
Liberty Bottleworks
Lockheed Martin Aeronautics Co. (Cryogenic Machining Of Titanium)
Micro Mold Co. Inc.
Neptuno Engineering & Manufacturing
Norlen Inc.
PACCAR Inc. (Non-Contact Axle Alignment System)
PACCAR Inc. (Flexible Engine Machining Line)
Pratt & Whitney Protoplast Inc.

The Dow Chemical Company (Engineering and Manufacturing Innovation)

Enterprise Technology Leadership:
Ball Aerospace and Technologies Corp.
C.C. Filson Co.
EMC Corporation (Product Engineering Information Management Platform) Extreme Networks Inc. (Advanced Predictive Analytics)

Graphicast Inc.
Lord MicroStrain Sensing Systems
Merck & Co. Inc. (Big Data Analytics Improve Vaccines Manufacturing)
NACCO Materials Handling Group
Poly-Cast Plastics (Suzhou) Co., Ltd.
Preferred Sands
Radisys Corp.
Rockwell Collins Inc.
S&S Hinge Co.
Sub-Zero Group Inc.
Tempel Steel Co.
The Boeing Company
Trane-Ingersoll Rand World Water Works Inc.

Industry Advocacy:
Virginia Manufacturers Association
Automation Federation
Manufacturing Skill Standards Council
Reshoring Initiative
SME Education Foundation

Operational Leadership:
Boston Scientific Corp.
Bridge Publications Inc.
CMP Corp.
Continental Tire
GE Appliances
IBM Corp. (IPDL Singapore Innovation Program)
Kimberly-Clark Professional
Peterbilt Motors. Co. (Lean Model Line Events)
Plastic Molding Technology Inc.
Procter & Gamble (Integrated Work Systems)
Stanley Black & Decker Inc.
The Dow Chemical Company (Operational Excellence and Reliability Technologies Development)

Product Leadership:
Aeroscraft Corp.
Card-Monroe Corp.
Fishman Corp.
Michelin North America
Modulightor Inc.
Vac-Tron Equipment LLC

Supply Chain Leadership:
Blue Bell Creameries
Cummins Inc.
Emerson Climate Technologies Inc.
Fender Musical Instruments Corp.
GE Oil & Gas Artificial Lift IBM Corp. (High-End Build-to-Order Outsourcing and Supplier Integration)

International Game Technology
Lexmark International Inc. (Configure to Order)
Lexmark International Inc. (Replenishment System Design and Implementation for Bullwhip Reduction)
L’Oreal USA
MityLite Inc.
Motorola Solutions Inc.
Oracle Corp. (Logistics Supplier Collaboration)
Oracle Corp. (Transition Supply Chain)
Oracle Corp. (Oracle-Intel Lean Supply Chain Optimization Initiative)
Parker Hannifin Corp.
WMS Gaming Inc.

Sustainability Leadership:
Abrasive Resource
BMW Manufacturing Company LLC
GlassCraft Door Company
Greif Embalagens Industriais do Brasil
Lockheed Martin Aeronautics Co. (Environmentally Conscious Aircraft Coatings) Plastic Molding Technology Inc.

Workplace Leadership:
IBM Corp. (Design and Operational Excellence in IBM China)
Merck & Co. Inc. (Virtual Technical Network)
Ophir-Spiricon LLC
Peterbilt Motors. Co. (Human-Centered Design)
Ultra Machining Company


Growth, Innovation, Leadership:

Dean Bartles- General Dynamics

Don Buckner- Vac-Tron Equipment LLC

Next-Generation Leadership:

Arnav Anand, ResolutionTube

Susan Lewis, The Dow Chemical Company

About the Manufacturing Leadership Council

The Manufacturing Leadership Council, Frost & Sullivan, is the world’s first member-driven, global business leadership network dedicated to senior executives in the manufacturing industry. The Manufacturing Leadership Council’s mission is to help senior executives define and shape a better future for themselves, their organizations, and the industry at large. The Council produces an extensive portfolio of leadership networking, information, and professional development products, programs, and services, including the Manufacturing Leadership Community website, an online global business network with over 6,700 members worldwide; the Manufacturing Leadership Council, an invitation-only executive organization of over 100 members; the annual Manufacturing Leadership Summit; the Manufacturing Leadership Awards, celebrating industry achievement; and the thought-leading Manufacturing Leadership Journal. For more information, visit

About Frost & Sullivan

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

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

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

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.

Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on “the next big thing”

Register: Gain access to visionary innovation

Jeffrey Moad
P: +1.510.531.3456
F: +1.510.531.3456
Source: Frost & Sullivan

Written by asiafreshnews

March 18, 2014 at 5:35 pm

Posted in Uncategorized

EVault Cited as a Leader in Disaster Recovery as a Service by Leading Independent Research Firm

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EVault Noted for Offering “One of the Most Progressive Guarantees” With Its Service
SAN FRANCISCO, March 17, 2014 /PRNewswire/ — EVault, Inc., a Seagate company (NASDAQ:STX), today announced that Forrester Research, Inc. has recognized EVault as a leader in Disaster Recovery as a Service (DRaaS) according to the January 2014 report, The Forrester Wave™: Disaster-Recovery-As-A-Service Providers, Q1 2014. Forrester evaluated vendors based on their current offering, strategy, and market presence. EVault tied for the second highest scores for its core DRaaS offering and security, and the highest score possible for recovery objective capabilities. EVault also achieved the highest score possible for planned service enhancements and again tied for the second highest score for value proposition and vision.
Forrester defines DRaaS as “services that enable customers to failover their on-premises infrastructure to a multitenant cloud environment that they purchase on a pay-per-use basis. The provider must run customers’ production environments out of the cloud during disaster declarations or testing.” Based on an analysis of what Forrester considers the 12 most significant service providers, the report cites EVault for offering “one of the most progressive guarantees with its service.”
EVault’s DRaaS offering is guaranteed to get organizations back in business fast; with 4-, 24- and 48-hour guaranteed recovery options available, the service is particularly beneficial for businesses in heavily regulated industries, such as health care, financial and legal services, that cannot tolerate extended outages of critical systems.
“We believe this report is a great acknowledgement of how EVault is focused on making customers successful,” said Terry Cunningham, President and General Manager, EVault. “EVault gives customers peace of mind – whether it be the ability to recover their data, their mission-critical systems, or ensure continuity of the IT operations, we partner with them so they have one less thing to worry about,” Cunningham added.
EVault Cloud Disaster Recovery Service features include:
Managed, rapid recovery of critical systems and data in the EVault Cloud or certified service provider partners’ clouds within 4, 24 or 48 hours, after a disaster (depending on service level), and guaranteed by an SLA*.
An experienced team of disaster recovery specialists that extends IT resources, helping customers implement, plan, test, and execute the entire disaster recovery process 24/7/365.
Remote access to applications in a secure, top tier, standards-compliant** data center (“warm” site for 24- or 48-hour SLA; “hot site” for 4-hour SLA) that extends customers’ production environments into the EVault Cloud as long as customers need.
Proactive failover support provides a zero-downtime alternative for planned maintenance, site outages, and upgrades.
A 4-hour SLA recovery option that is compatible with existing backup solutions.
“EVault offers a true cloud-based disaster recovery service. Our team of experts help customers with DR planning, testing, and recovery, over and above our standard cloud-connected server backup & recovery service,” said Unmesh Kulkarni, Vice President, Customer Experience Management, EVault. “We helped pioneer the DRaaS industry, and customers tell us that our EVault Cloud Disaster Recovery Service is an important differentiator for EVault from other backup and recovery vendors. We believe that Forrester recognizing us as a leader in their report is a great acknowledgement of our hard work to make customers successful.”
To access a copy of The Forrester Wave TM: Disaster-Recovery-As-A-Service Providers, Q1 2014 please visit
About EVault, A Seagate Company
More than 43,000 companies rely on EVault cloud-connected backup and recovery services. Delivered by a team of data recovery experts and using the very best cloud-connected technology, EVault backup solutions seamlessly integrate on-premise and online backup data protection for fast, local data access and ensured cloud disaster recovery. Optimized for distributed environments, EVault technology also powers the offerings of cloud services providers, data centers, telcos, ISVs, and many others. EVault is a Seagate company.
Follow @EVault on Twitter and on Google+, subscribe to the blog and like EVault on Facebook.
Copyright 2014 EVault, Inc. All rights reserved. Seagate, Seagate Technology and the Wave logo are registered trademarks of Seagate Technology LLC in the United States and/or other countries. EVault and cloud-connected are either trademarks or registered trademarks of EVault, Inc., or one of its affiliated companies in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners.
*The guarantee includes service credits and the right to terminate if the guarantee is not met, and is subject to the terms and conditions set forth in the EVault Cloud Disaster Recovery Service Level Agreement.
**Meets high standards for Cloud Service Providers, including ISO 27001 in EMEA and SSAE 16 in North America.
Source: EVault, Inc.
Related stocks: NASDAQ-NMS:STX

Written by asiafreshnews

March 18, 2014 at 4:35 pm

Eurail Launches Mediterranean Deals

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UTRECHT, The Netherlands, March 14, 2014 /PRNewswire/ —

Special Promotion on Selected Eurail Passes from March 15 to April 30, 2014

Eurail Pass travelers can now take advantage of the “Mediterranean Deals” promotion, adding one free travel day to the Italian One Country Pass and one free travel day to the Regional Passes France-Italy, France-Spain and Italy-Spain. The offer is valid for any variations of these products purchased from March 15 through April 30, 2014.

As France, Italy and Spain count themselves among the most popular European tourism destinations, Eurail wants to entice its non-European customers even further by offering these special “Mediterranean Deals.” The French, Italian and Spanish railway companies offer an extensive and modern rail network, making traveling by train comfortable, relaxing and hassle free. Moreover, these Eurail Passes provide the traveler with the flexibility to choose from a selection of available travel days and dates, within a period of two months.

As recently as March 6th, 2014, Eurail announced that France will return to a revamped Eurail Select Pass from April 1, 2014, after a one year absence. The Eurail Select Pass re-launches as a Four-Country Pass only. Three, Four and Five Country Select Passes in its current format will still be available for sale until March 31, 2014, not including France. Starting on April 1st, only Four Country Select Passes can be purchased, with France as one of the 26 Eurail countries to choose from.

Eurail offers four types of Eurail Passes as part of its product portfolio to those residing outside of Europe: the Eurail Global Pass valid in 24 member countries, the Eurail Select Pass, the Eurail Regional Pass and the Eurail One Country Pass. Travelers can also still benefit from the previously announced “Early Bird Promotion,” which offers non-European residents free travel days on Eurail Global Passes purchased by March 31, 2014.

Eurail Passes are available from a worldwide network of Authorized General Sales Agents:

Eurail Group G.I.E., the organization dedicated to the marketing and management of the Eurail Passes, is wholly owned by over thirty participating railways and shipping companies. In addition, Eurail Group has many benefit partners, including hotels, transport companies and museums, which offer their services either at a reduced rate or free of charge to pass holders.

For more information:
Eurail Group corporate website and press room:
Tel: +31-(0)30-7516500
Source: Eurail Group G.I.E.

Written by asiafreshnews

March 18, 2014 at 3:52 pm

Posted in Uncategorized

Corporate Real Estate Executives In Asia Receive Pay Increases

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Businesses Recognising Strategic Importance of Managing Real Estate Portfolios and Workplace Strategies
SINGAPORE and HONG KONG, March 14, 2014 /PRNewswire/ — In a recent survey of corporate real estate executives at large corporations globally, 76 percent reported that their base salary increased from 2012 to 2013, and 79 percent projected further increases in 2014. The average increase in base salary from 2012 to 2013 was 6 percent, according to a survey conducted by CoreNet Global and FPL Associates.
Focusing in on respondents in Asia, the survey found that on average, the regional head of corporate real estate in Asia receive 18% higher salaries than those in Europe. However, Asia is still lagging behind the U.S.; where those in the corporate real estate profession receive on average 5% more than those in the equivalent roles in Asia.
These results are timely for corporate real estate executives in Asia Pacific as CoreNet Global prepares to host the 2014 CoreNet Global Asia Pacific Summit in Singapore between 25 and 27 March 2014 at the Shangri-La Hotel. The foremost corporate real estate (CRE) Summit will attract around 500 attendees from the corporate real estate space across Asia and will look at the increasing relevance and value-add of corporate real estate strategy for businesses throughout the region.
With globalization and the ‘West to East’ trend prompting multinationals to expand or establish offices and HQs in APAC cities such as Singapore, Hong Kong, and Shanghai, corporate real estate is fast becoming a key consideration for business leaders and strategists in the region.
“As the workplace, human resources and information technology become further entwined, corporate real estate continues to evolve into a more strategic corporate function,” said Angela Cain, Chief Executive Officer of CoreNet Global. “That evolution, in addition to the economic recovery, is resulting in higher pay for a vast majority of corporate real estate and asset managers, as reflected in our survey.”
Survey Methodology
In the third quarter of 2013, FPL Associates worked with CoreNet Global to develop a questionnaire for the purpose of gathering compensation information relevant to internal CRE organization employees in the current market. The questionnaire included a number of questions that have become standard to the CoreNet Global Compensation Survey, to allow for comparisons to prior years’ studies and to identify trends.
For this year’s survey, 291 end user members provided thorough responses, classifying them as participants. FPL gathered all of the responses, clarified additional information, as needed, from participants, and then analyzed the data to develop this summary report.
About CoreNet Global
CoreNet Global is the world’s leading professional association for corporate real estate (CRE) and workplace executives, service providers and economic developers. CoreNet Global’s 8,000 members, who include 70% of the top 100 U.S. companies and nearly half of the Global 2000, meet locally, globally and virtually to develop networks, share knowledge, learn, and thrive professionally. For more information, please visit
About FPL Associates L.P.
FPL Associates, a member of the FPL Advisory Group family of companies, provides a range of specialized compensation and management consulting solutions to a select group of related industries. As part of its compensation services, FPL Associates assists clients in the assessment, design, and implementation of compensation programs for professionals and board members. The company specializes in crafting performance management and reward systems that align management interests with the achievement of strategic business objectives. For more information please visit
Source: CoreNet Global

Written by asiafreshnews

March 18, 2014 at 3:50 pm

Posted in All releases

The Global Heartbeat of the Water Industry at ASIAWATER 2014

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KUALA LUMPUR, Malaysia, March 14, 2014 /PRNewswire/ — The world’s top water industry are converging in Kuala Lumpur Convention Centre for three very exciting, ground-breaking days from 19th – 21st March 2014 for the region’s leading water and wastewater industry event, ASIA WATER 2014.

Extensive water industry products such as pumps, valves, pipes, automation, and industry water and wastewater will be showcased. UBM has congregated the big name companies who specialized in these sectors, amongst them, EBARA, XYLEM, SAER, ALFA LAVAL, CAPRARI, PROMINENT FLUID CONTROLS from the pumps and systems; AVK, AGRU, Valmatic, FESTO, Hydroseal Canada, PENTAIR WATER from the valves; Borouge, Bueno Technology, George Fischer, HOBAS, REHAU, NSF International from the pipes and systems; Ranhill, Salcon, Puncak Niaga, SEVERN TRENT SERVICES, Jacobi, SCHNEIDER ELECTRIC from water and wastewater industry and many more.

Meanwhile, the co-located AWARE’14 Conference (Asia Water Resource 2014 Expo & Forum) in conjunction with “World Water Day” and themed “Water Security in Developing Asia” will commence a day earlier from the 18th March -19th March 2014 in Diamond Grandballroom, Mandarin Oriental Kuala Lumpur.

AWARE’14 is supported by the Department of Irrigation and Drainage, Malaysia (JPS) under the direction of Ministry of Natural Resources of Environment Malaysia. UBM is honoured to have keynote speakers such as Y.Bhg Datuk Ir. Hj Ahmad Husaini bin Sulaiman, (Chairman of ASIAN Work Group in Water Resources Management) and Y.Bhg. Prof Dato’ Seri Ir. Dr Zaini Ujang (Secretary General II, Ministry of Education Malaysia) to address delegates and lead discussions on the importance of genuine social and environmental responsibility towards Water Security in ASEAN Region.

Discussion topic that holds in the AWARE’14 (Asia Water Resource 2014 Expo & Forum) conference would be

National Water Resources Policy — Guiding Malaysia Toward the future in IWRM
Water Security Challenges In Urban Area, Danang City, Vietnam Experiences
Water Security and Sustainability Challenges in Philippines
Water Resources Management Challenges in Thailand by Department of Water Resources Thailand
Water Resources Security and Sustainability Challenges: Indonesia Experiences by President Director of Jasa Tirta 1
How Climate Change Affect Water System
Improving Water Environment in Urban Areas — River of Life(ROL) Project
Addressing Future Water Demand in Malaysia
Innovative Water Usage in Agriculture Sector
Impact of Uncontrolled Development in Highland on Water Resources

One of its stronger partners, The Malaysian Water Association will be organising the 8th ASIA WATER Conference to address the right and smart planning on water efficiency towards the right direction of learning and educating the audience towards Waste Water, Water Safety, Technology and Treatment. Co-located as well at Kuala Lumpur Convention Centre from the 19th-21st March 2014.

Along with the two said conferences, ASIAWATER2014 would also be holding a seminar called Asia Water Technology Symposium themed “Leading the Way to Sustainable Water Technology”.

Asia Water Technology Symposium will address ways to sustain your business, obtain advanced knowledge on latest information regarding trends and challenges, as well as the solutions for sustainable water technology.

Participation in Asia Water Technology Symposium would be an ideal information medium, instant reward of new innovation and technologies, solutions for water solutions and many more added advantages.

To book your seat at AWARE’14, please register your seat now at

For 8th ASIA WATER Conference, please contact the secretariat, Ms Rubby Mahmood or Ms Shushan at 603-62012250 or email at /

For Asia Water Technology Symposium, please register your seat now at

Notes to Editors:

1. About UBM Asia (

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organiser and the biggest commercial organiser in mainland China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global presence in 25 major cities with 30 offices and over 1,400 staff.

With a track record spanning over 30 years, UBM Asia operates in 21 market sectors with 160 dynamic face-to-face exhibitions, 75 high-level professional conferences, 28 targeted trade publications, 18 round-the-clock vertical portals and virtual event services for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. We provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.

UBM Asia has extensive office networks in China, Southeast Asia and India, three of the world’s fastest growing B2B events markets. UBM China has 11 offices in the major cities in mainland China, including Beijing, Shanghai, Guangzhou, Hangzhou, Chengdu and Shenzhen, where we organise more than 70 exhibitions and conferences. In ASEAN, UBM Asia operates from its offices in Malaysia, Thailand, Indonesia, Singapore, Vietnam and the Philippines with over 50 events in this region. UBM India teams in Mumbai, New Delhi, Bangalore, Chennai and Hyderabad organise 20 exhibitions and 60 conferences every year across the country.

2. About UBM plc (

UBM plc is a leading global business media company. We inform markets and bring the world’s buyers and sellers together at events via online and print providing them with the information they need to do business successfully. We focus on serving professional communities from doctors to game developers, journalists to jewellery traders, farmers to pharmacists. Our 6,500 staff members in more than 40 countries are organised into specialist teams that serve these communities, helping them do business and their markets to work effectively and efficiently.

This press information is issued by:

The Marketing Communication (MARCOM) Department
A-8-1, Lvl 8,
Hampshire Place Office
157, Hamphire 1
Jalan Mayang Sari
50450 Kuala Lumpur
Tel: 603-2176-8788
Fax: 603-2164-8786

For more information on ASIAWATER 2014, contact;

Ms Airin Rushdi (General Manager)

Ms Suraya Ali (Senior Sales Manager)
Source: UBM Malaysia

Written by asiafreshnews

March 18, 2014 at 2:29 pm

Posted in Uncategorized

Dominion Diamond Corporation Reports Updated Reserve and Resource Statements for the Ekati and Diavik Diamond Mines

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TORONTO, March 14, 2014 /PRNewswire/ — Dominion Diamond Corporation (TSX:DDC, NYSE:DDC) (the “Company”) is pleased to release an updated reserve and resource statement for the Ekati and Diavik Diamond Mines.

The tables below summarize the mineral reserves and mineral resources at the Ekati Diamond Mine as at the end of January 31, 2014, and the Diavik Diamond Mine as at the end of December 31, 2013, expressed in millions of tonnes, carats per tonne, and millions of carats. The mineral reserves set out below account for all depletions due to production and sampling to the end of each of the respective statement dates.

At the Ekati Diamond Mine, the resource model for the Pigeon kimberlite pipe was updated in calendar 2013 after additional definition and geotechnical drilling was conducted which resulted in an increase of 1.4 million tonnes of indicated resources to a total of 12 million tonnes. Included in this increase is an additional 600,000 tonnes being promoted to probable reserve status for a total of 7.3 million tonnes as a result of conducting these additional drilling programs and updating the open-pit design for the Pigeon kimberlite pipe.

For the Diavik Diamond Mine, new data from the processing of samples from the 2012 deep drilling program on the A-154 North kimberlite pipe was incorporated into the latest reserve and resource models in calendar 2013. The updated A-154 North model has reclassified 2 million tonnes from probable to proven reserve status.

The A-154 South, A-418 and A-21 kimberlite pipes were not part of the 2012 drilling program and consequently there are no significant changes to their reserve and resource models.

Totals may not add up exactly due to rounding. The values shown are on a 100% basis for both mines.

Mineral Reserves at Ekati Diamond Mine – January 31, 2014 (100% basis)
Kimberlite Pipes PROVEN
Zone Location Type M t Ct/t M ct M t Ct/t M ct M t Ct/t M ct
Koala Core UG – – – 5.1 0.6 3.0 5.1 0.6 3.0
Fox Core OP – – – 0.5 0.3 0.2 0.5 0.3 0.2
Misery Main Core OP – – – 3.0 4.0 12.3 3.0 4.0 12.3
Pigeon Core OP – – – 7.3 0.4 3.1 7.3 0.4 3.1
Stock-pile Core N/A – – – 1.1 0.2 0.2 1.1 0.2 0.2
Total Reserves – – – 17.0 1.1 18.8 17.0 1.1 18.8
Note: Totals may not add up due to rounding

Mineral Resources at Ekati Diamond Mine – January 31, 2014 (100% basis)
Kimberlite Pipes MEASURED
Zone Location Type M t Ct/t M ct M t Ct/t M ct M t Ct/t M ct
Koala Core UG – – – 7.1 0.6 4.3 0.2 1.0 0.2
Koala North Core UG – – – – – – 0.1 0.6 0.1
Fox Core OP – – – 6.0 0.2 1.4 0.8 0.3 0.2
Fox Core UG – – – 20.2 0.3 6.1 5.7 0.3 1.7
Misery Main Core OP – – – 3.7 4.5 16.8 0.8 2.9 2.3
Pigeon Core OP – – – 12.0 0.5 5.9 1.7 0.4 0.8
Sable Core OP – – – 15.4 0.9 13.3 – – –
Jay Buffer OP – – – 36.2 2.2 78.1 9.5 1.4 12.9
Lynx Buffer OP – – – 1.3 0.8 1.0 0.1 0.8 0.1
Stock-pile Core N/A – – – 1.1 0.2 0.3 6.6 0.2 1.0
Sub-Total Core Zone – – – 65.5 0.7 48.0 15.9 0.4 6.3
Sub-Total Buffer Zone – – – 37.5 2.1 79.1 9.6 1.3 13.0
Total Resources – – – 103.0 1.2 127.1 25.5 0.8 19.3
Mineral resources are inclusive of mineral reserves
Mineral resources are reported at +1.0 mm (diamonds retained on a 1.0 mm slot screen)
Note: Totals may not add up due to rounding

The mineral resources have reasonable potential to be mined but do not have mining losses and/or dilution applied at this time, and as such they represent in situ values. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

The Company has an 80% participating interest in the Core Zone joint venture and a 58.8% participating interest in the Buffer Zone joint venture.

Mineral Reserves at Diavik Diamond Mine – December 31, 2013 (100% basis)
Kimberlite Pipes PROVEN
Type M t Ct/t M ct M t Ct/t M ct M t Ct/t M ct
A-154 South UG 0.8 4.1 3.1 1.4 3.4 4.8 2.2 3.6 7.8
A-154 North UG 5.7 2.1 12.2 1.8 2.2 3.9 7.5 2.1 16.1
A-418 UG 4.4 3.7 16.2 2.1 2.9 6.2 6.5 3.4 22.4
Stockpile N/A 0.2 2.7 0.5 – – – 0.2 2.7 0.5
Sub-Total – Underground 10.9 2.9 31.4 5.3 2.8 14.9 16.2 2.9 46.3
Sub-Total – Stockpile 0.2 2.7 0.5 – – – 0.2 2.7 0.5
Total Reserves 11.1 2.9 32.0 5.3 2.8 14.9 16.4 2.9 46.8
Note: Totals may not add up due to rounding.

The mineral resources have reasonable potential to be mined but do not have mining losses and/or dilution applied at this time, and as such they represent in situ values. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Mineral Resources at Diavik Diamond Mine – December 31, 2013 (100% basis)
Kimberlite Pipes MEASURED
Type M t Ct/t M ct M t Ct/t M ct M t Ct/t M ct
A-154 South UG – – – – – – 0.04 4.0 0.1
A-154 North UG – – – – – – 2.2 2.6 5.7
A-418 UG – – – – – – 0.3 2.4 0.7
A-21 OP 3.6 2.8 10.0 0.4 2.6 1.0 0.8 3.0 2.3
Total Resources 3.6 2.8 10.0 0.4 2.6 1.0 3.3 2.7 8.8
Note: Totals may not add up due to rounding.

Qualified Person

The reserve and resource information for the Ekati Diamond Mine set out in this release was prepared by or under the supervision of Mats Heimersson, P. Eng., an employee of the Company and a Qualified Person within the meaning of National Instrument 43-101. The Qualified Person has verified the data disclosed, and the data underlying the information contained herein.

The reserve and resource information for the Diavik Diamond Mine set out in this release was prepared by or under the supervision of Calvin G. Yip, P. Eng., an employee of Diavik Diamond Mines Inc. and a Qualified Person within the meaning of National Instrument 43-101. The Qualified Person has verified the data disclosed, and the data underlying the information contained herein.

About Dominion Diamond Corporation Dominion Diamond Corporation is a Canadian diamond mining company with ownership interests in two major producing diamond mines. Both mines are located in the low political risk environment of the Northwest Territories in Canada.

The Company operates the Ekati Diamond Mine through its 80 per cent ownership as well as a 58.8% ownership in the surrounding areas containing additional resources, and also owns 40% of the Diavik Diamond Mine. It supplies rough diamonds to the global market through its sorting and selling operations in Canada, Belgium and India and is the world’s fourth largest producer of rough diamonds by value.

For more information, please visit

For further information:

Contacts: Mr. Richard Chetwode, Vice President, Corporate Development – +44 (0) 7720-970-762 or

Ms. Kelley Stamm, Manager, Investor Relations – (416) 205-4380 or

Source: Dominion Diamond Corporation

Written by asiafreshnews

March 18, 2014 at 12:14 pm

Posted in Uncategorized

FxPro Recognised as Best FX Services Provider at the City of London Wealth Management Awards

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LONDON, March 14, 2014 /PRNewswire/ —

FxPro Group Ltd (FxPro) has won the City of London Wealth Management Award for Best FX Services Provider at a ceremony held in the City of London’s Guildhall on 12th March 2014. The award comes on the back of a very successful 2013 where FxPro received many other prestigious accolades for the hard work it has undertaken to move to a 100% Agency Model FX broker on its Metatrader 4 and cTrader platforms. Since then it has developed an impressive suit of forex trading tools including FxPro Quant, FxPro Library and FxPro SuperTrader. It gets 2014 off to a fantastic start for the leading online forex provider.

“It is a great achievement to have been voted the Best FX Services Provider and received this award at the COLWMA. The recognition is an important step in our drive to see FX as a fully recognised asset class in its own right and our tools aim to make it more accessible for investment purposes.” Charalambos Psimolophitis, CEO at FxPro.

The City of London Wealth Management Awards are unique in that winners are determined by an online public vote through This year a record number of votes were cast.

“FxPro are to be congratulated on winning the Award for Best FX Service Provider. Their innovative trading tools, in particular their investment platform FxPro SuperTrader, attracted the votes. It’s an impressive achievement when up against many other well-known names within the wealth management industry.” Stephen Pinner, Managing Director at Goodacre UK.

Notes to Media

About FxPro

FxPro is an award-winning, 100% Agency Model FX broker that has its interests totally aligned with its clients. FxPro serves clients worldwide with advanced trading tools and aims to be the leading provider of FX solutions for algorithmic trading.

FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (previously, Financial Services Authority) (registration no. 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07).

FxPro SuperTrader is only available to clients of FxPro Financial Services Limited.

Risk Warning

Trading CFDs involves a high risk of loss.

Media Contact
Media Relations
Source: FxPro

Written by asiafreshnews

March 18, 2014 at 11:18 am

Posted in Uncategorized

Playtech Launches Clickable Lobby Stream Feature

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LONDON, March 13, 2014 /PRNewswire/ — Playtech, the international designer, developer and licensor of software and services for the online, mobile, TV and land-based gaming industry, is proud to announce the launch of its Live Clickable Lobby Stream feature.


Pioneering the live gaming space, the Live Clickable Lobby Stream feature enables players to join live games from a real-time lobby stream with a single click. While looking at the lobby area, players can instantly see each game table’s location and dealer, making it easy for players to choose their favorite game. Such transparency also establishes credibility on the player side which produces trust and loyalty.

This feature is also available in Playtech’s private areas and mobile native applications. The Live private area is a unique live stream showing the operator’s dedicated area with their own branded game tables, generating an atmosphere that empowers and differentiates the brand and delivers an improved player experience.

Aviv Nankin, Playtech’s Head of Live Games, commented, “Playtech is thrilled to bring the Live Clickable Lobby Stream feature to market. In today’s fast paced environment simplifying the process for players to choose their favorite live games is a must. The authenticity of this feature creates transparency for players which results in trust and loyalty. I believe this feature will provide our operators with a strong competitive advantage and take the player experience to the next level.”

About Playtech

Playtech ( develops unified software platforms and content for the online and land-based gaming industry, together with providing a range of ancillary services such as marketing, hosting and CRM services.

The Group’s capabilities enable the delivery of an integrated software or turnkey solution, with players accessing online, broadcast, mobile and server-based gaming terminals through a single account.

New licensees include existing online operators upgrading or diversifying their offering, land-based casino groups, government sponsored entities such as lotteries, and new entrants making their online gaming debut, particularly in newly-regulated markets.

Founded in 1999, Playtech is listed on the London Stock Exchange and has over 3,000 employees located in twelve countries. Its leading gaming applications include casino, poker, bingo, sports betting, live, mobile and social gaming, casual and fixed odds games.

Playtech Ltd
Mor Weizer, CEO
Ron Hoffman, CFO
c/o Pelham Bell Pottinger
Adam Kay, Head of Investor Relations

Pelham Bell Pottinger

David Rydell / Olly Scott / Guy Scarborough
Source: Playtech

Written by asiafreshnews

March 18, 2014 at 10:26 am

Posted in Uncategorized

60s Revival: New Album of the MonaLisa Twins – “MonaLisa Twins Play Beatles & more” – to be Released on March 28th, 2014

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VIENNA and LIVERPOOL, England, March 13, 2014 /PRNewswire/ — The biggest issue when covering any Beatles song is whether to stay faithful or not. If one stays faithful, it’s impossible to match the original. If you drift too far away, you risk tampering with a good thing. The 19 years old MonaLisa Twins, with their greatest musical influence being the Beatles and other 60s musicians, have undertaken this challenge and ended up with surprisingly outstanding results.

On YouTube their covers have superb rankings for search terms like “song title cover” and even “Beatles cover”, for which their version of “While My Guitar Gently Weeps” is number one in many countries. Other songs of this new album are among the first 20 videos too.

Although this album is not about delivering the best studio cover album they could possibly produce as of now – “MonaLisa Twins play Beatles & more” is a fan requested compilation of live and studio recordings the twins did over the last four years.

Since their 2012 debut album “When We’re Together”, which got great reviews on well-known music blogs/magazines as well, they do lots of live shows and music videos, which garnered nearly 2.5 million YouTube views and thousands of YouTube and Facebook subscribers.

Radio stations all over the world are playing their music, and while their new CD is being announced the twins are on an Ireland/UK duo tour with plans to return for a bigger tour with their whole band later.

The new album can be pre-ordered here:

For a quick listen and more info please visit the websites below:


Contact: Michaela Wagner, Phone: +43-2215-20506, E-Mail:
Source: Woolgoose Records

Written by asiafreshnews

March 18, 2014 at 10:22 am

Posted in Uncategorized

The Hongkong and Shanghai Hotels, Limited Announces Annual Results for the Year Ended 31 December, 2013

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HONG KONG, March 17, 2014 /PRNewswire/ —
Key financial results
Turnover and EBITDA increased by 6% and 9% to HK$5,508 million and HK$1,306 million respectively
Profit attributable to shareholders amounted to HK$1,712 million, after including property revaluation gains, net of tax and non-controlling interests (2012: HK$1,555 million)
Underlying profit attributable to shareholders increased by 16% to HK$511 million
Earnings per share and underlying earnings per share of HK$1.14 (2012: HK$1.04) and HK$0.34 (2012: HK$0.29) respectively
Final dividend of 12 HK cents per share, making a total dividend of 16 HK cents per share for 2013 (2012: 14 HK cents per share)
Shareholders’ funds as at 31 December 2013 amounted to HK$35,105 million or HK$23.37 per share (2012: HK$33,150 million or HK$22.07 per share)
Key developments
The Peninsula Hong Kong returned to full inventory in May 2013 following its HK$450 million extensive room renovation programme which commenced in January 2012. Our flagship hotel also celebrated its 85th Anniversary in December 2013.
The de Ricou tower of The Repulse Bay Complex completed its 18-month reconfiguration and the 49 upgraded apartments were re-launched for lease in August 2013. The de Ricou tower is the first in Hong Kong to be awarded the prestigious LEED Gold Certificate in the Alteration and Addition category.
The Peninsula Paris, the Group’s first hotel in Europe, is expected to open in 2014.
In July 2013 the Group acquired a 50% interest in a commercial property at 1-5 Grosvenor Place, Belgravia, London, for approximately HK$1,564 million (GBP132.5 million). Together with our partner, Grosvenor, we will seek planning permission to demolish the existing building and redevelop it into The Peninsula London hotel and residential complex. We target to commence demolition and construction by 2016.
In April 2013, the Group signed non-binding heads of terms to acquire a 70% interest in the former Myanmar Railway Company headquarters for the potential development of a Peninsula hotel in Yangon, Myanmar. In January 2014, conditional definitive agreements were entered into with our main partner Yoma Strategic Holdings Limited.
In June 2013, 21 avenue Kleber, a magnificent commercial building in Paris, was acquired for approximately HK$566 million (EUR56 million). We expect that this property will bring long-term value to the Group given its location immediately adjacent to The Peninsula Paris.
The Hongkong and Shanghai Hotels, Limited today announced a profit attributable to shareholders for 2013 of HK$1,712 million, compared to HK$1,555 million in 2012. Underlying profit attributable to shareholders increased by 16% to HK$511 million.
Earnings per share in 2013 were HK$1.14 compared to HK$1.04 in 2012. The Board has recommended a final dividend of 12 HK cents per share to shareholders. Combined with the 2013 interim dividend, this represents a total dividend of 16 HK cents per share for 2013, an increase of 14% over the previous year.
Mr Clement K.M. Kwok, Managing Director and Chief Executive Officer of the Hongkong and Shanghai Hotels, Limited (HSH) commented on the results announcement:
“2013 was a busy and rewarding year for our group. I am pleased to report some exciting new deals, successful renovation projects and satisfactory financial results. We celebrated a number of milestones in the past year: the 85th Anniversary of The Peninsula Hong Kong; 25th Anniversary of the Peninsula New York; 15th Anniversary of the Peninsula Bangkok, and the 125th Anniversary of The Peak Tram.
“The Peninsula Paris, the Group’s first hotel in Europe, is expected to open in 2014. We have acquired a 50% interest in an existing commercial property located at 1-5 Grosvenor Place, Belgravia, London, for approximately HK$1,564 million (GBP132.5 million). Together with our partner, Grosvenor, we will seek planning permission to redevelop it into The Peninsula London hotel and residential complex. We have also entered into a deal with our main partner Yoma Strategic Holdings Limited to restore the heritage building that is the former Myanmar Railway Company headquarters in Yangon, Myanmar, to be redeveloped as The Peninsula Yangon,” said Mr Kwok.
“Our June 2013 acquisition of the commercial property at 21 avenue Kleber, Paris for approximately HK$566 million (EUR56 million) will bring long-term value to the Company, thanks to its location immediately adjacent to The Peninsula Paris,” said Mr Kwok. “With these new projects, I am confident that the growth of our company is on the right path.”
Mr Kwok continued: “During this turbulent year, the superior quality of our properties and brand remained our anchor. Combined with group-wide cost control measures, selective capital investments, careful management and robust corporate governance, our Company reported an increase in turnover in almost all of the businesses within the Group as compared with 2012.
“In 2013, our hotels division revenue increased by HK$159 million, a 4% growth over 2012. The Peninsula Hong Kong returned to full inventory in May and we expect to see further growth potential in 2014 with a full year of operation. Our commercial properties division continues to provide a stable contribution to our earnings in 2013 with our key asset, The Repulse Bay Complex, achieving satisfactory results with a 4% growth in revenue despite a subdued real estate market and macro-economic uncertainties. Our Clubs and Services division maintained a consistent portfolio in 2013, with an increase in HK$98 million (18%) in total revenue over 2012.”
HSH launched a new vision for sustainable luxury for the group in 2013, the Sustainable Luxury Vision 2020. Mr Kwok explained: “Vision 2020 puts sustainability at the heart of our business model and our brand. To deliver on both luxury and sustainability is not without challenges, but we see a genuine opportunity to achieve this in a way that complements our heritage of quality, thoughtfulness and meticulous attention to detail.”
HSH is also one of the first publicly-listed companies in the world to publish its report in accordance with the new G4 Sustainability Reporting Guidelines of Global Reporting Initiative (“GRI”) and be accredited by GRI in the Materiality Matters check. GRI is a globally-recognised best practice for sustainability reporting.
“The strength of our Group continues to emanate from our genuine commitment to a long‑term future. This provides the vision and willingness to invest in assets for their long‑term value creation and the staying power to ride through shorter-term cycles in the economy without compromising the quality of our products and services. In the volatile economic circumstances that we regularly encounter in today’s environment, this commitment has enabled us to make investment and capital expenditure decisions with a very long-term outlook and to maintain our service quality and the continuity of our people. With this in mind, I remain optimistic that we are continuing to chart a course which will maximise the quality and value of our assets and deliver long-term returns to our shareholders,” said Mr Kwok.
Looking to 2014, Mr. Kwok said: “For 2014, we are seeing positive trends in our key markets, particularly in Hong Kong where our key assets of The Peninsula Hong Kong, The Repulse Bay Complex and The Peak Tower are located. 2014 will see the first full year of earnings contribution from the fully renovated Peninsula Hong Kong hotel and the de Ricou serviced apartments at The Repulse Bay Complex. Elsewhere, travel sentiment and spending continue to show some improvement with the more positive macro trends. Financially, we are well‑placed for a long-term future supported with a strong balance sheet comprising valuable high quality assets and a low level of gearing.”
“Our Company is supported by strong heritage which brings a distinct personality and identity to our Company and our brands, products and services. However, it is not our 148-year history alone that serves us; we are committed to improving and innovating our products and services to create special memories and experiences for our guests,” said Mr Kwok.
For more details, see
About The Hongkong and Shanghai Hotels, Limited (HSH)
Incorporated in 1866 and listed on the Hong Kong Stock Exchange (00045), The Hongkong and Shanghai Hotels, Limited is the holding company of a group which is engaged in the ownership, development, and management of prestigious hotels and commercial and residential properties in key locations in Asia, the United States and Europe, as well as the provision of tourism and leisure, club management and other services. The Peninsula Hotels portfolio comprises The Peninsula Hong Kong, The Peninsula Shanghai, The Peninsula Beijing, The Peninsula Tokyo, The Peninsula New York, The Peninsula Chicago, The Peninsula Beverly Hills, The Peninsula Bangkok, The Peninsula Manila and The Peninsula Paris (expected opening in 2014). Projects under development include The Peninsula London and The Peninsula Yangon. The property portfolio of the group includes The Repulse Bay Complex, The Peak Tower, The Peak Tramways and St. John’s Building in Hong Kong; The Landmark in Ho Chi Minh City, Vietnam; the Thai Country Club in Bangkok, Thailand, and 21 avenue Kleber in Paris, France.
For further information on this release, please contact:
Lynne Mulholland
Director, Corporate Affairs
The Hongkong and Shanghai Hotels, Limited
Tel: +852-2840-7152
Fax: +852-2840-7567
Source: The Hongkong and Shanghai Hotels, Ltd
Related stocks: HongKong:0045

Written by asiafreshnews

March 18, 2014 at 9:47 am