Asia Fresh News

Asia Fresh Stories

Archive for April 13th, 2014

Media Teleconference: ATFA’S Leadership Denounces Argentine Money Laundering In Nevada

leave a comment »

— Expert lawyer discusses new legal case in Nevada

WASHINGTON, April 10, 2014 /PRNewswire/ — On Thursday April 10, American Task Force Argentina will hold a press teleconference. The purpose of this call is to provide an update on the Argentine government’s lack of transparency in several important areas, starting with the recent news that Lazaro Baez, a close ally and confidant of Argentine President Cristina Kirchner, is using the state of Nevada to launder stolen state funds.

Logo – http://photos.prnewswire.com/prnh/20140409/DC02099LOGO

As reported in the media this week, ATFA member NML Capital is seeking a court order to compel 123 companies that are affiliated with Baez to produce documents that could help locate stolen Argentine state assets. Baez’s ties to Argentina’s president are well known. He is currently under investigation by Argentine prosecutors for embezzling over $65 million of state funds and transferring those funds out of Argentina through his companies in Nevada and elsewhere. If Baez is convicted of embezzlement, any located stolen funds would be the property of Argentina and therefore could be used to satisfy U.S. court judgments owed to NML.

“Argentina has used elaborate stratagems to shield its assets, and the courts have accused it of acting in ‘bad faith’ in this regard, said Robert Shapiro, ATFA’s Chair.

ATFA’s co-chair, Ambassador Nancy Soderberg, also pointed to news reports this week which show that Argentine officials are meeting with potential investors in Washington, D.C. El Cronista reports that Economy Minister Axel Kicilloff plans to meet with “businessmen who have companies in Argentina or who intend to invest in the country.”

“Argentina refuses to even sit down with American and other foreign bondholders, and it tells American judges that it won’t comply with court orders. Until it changes its behavior, it won’t attract the investment that it needs for sound growth,” said Soderberg.

**Attorney Robert Cohen will appear as a guest on the call to answer any questions regarding the motion to compel and the case against Baez in Nevada.
What: Argentina’s Money Laundering Activities in Nevada
When: Thursday, April 10, 2014

2:30 p.m. ET
Who: Robert Shapiro and Nancy Soderberg

co-chairs, American Task Force Argentina
Special Guest: Robert Cohen

Partner, Dechert LLP

Toll-free call-in numbers: United States / Canada: 1-800-895-0231 or +1-785-424-1054; Argentina: 0-800-666-0250; Mexico: 001-800-514-6145; Brazil: 0-800-891-6744

Conference ID: ATFA

(Please note, if an international participant is unable to access the call using the international toll free number for their country, please dial in using the toll (785) number)

NOTE: RSVP required. Please email your RSVP to media@atfa.org

Robert Cohen is a Partner at Dechert LLP, and is co-head of the firm’s global international dispute resolution practice. He has served several times on the firm’s Policy Committee. His more than 40 years of experience has included the litigation (including jury trials), arbitration and mediation of complex commercial disputes, often with an international dimension. Mr. Cohen has been regularly recognized by Benchmark Litigation as a “Litigation Star,” most recently in the areas of antitrust, intellectual property and general commercial litigation.

About the American Task Force Argentina
The American Task Force Argentina (ATFA) is an alliance of organizations united for a just and fair reconciliation of the Argentine government’s 2001 debt default and subsequent restructuring. Our members work with lawmakers, the media, and other interested parties to encourage the United States government to vigorously pursue a negotiated settlement with the Argentine government in the interests of American stakeholders.
Source: American Task Force Argentina

Written by asiafreshnews

April 13, 2014 at 11:33 pm

Posted in Uncategorized

Kroll Ontrack and Blancco Form Strategic Alliance to Offer Expanded Data Erasure Solutions

leave a comment »

Blancco’s market-leading data erasure software paired with Kroll Ontrack’s erasure services and data recovery expertise deliver a complete data erasure strategy

MINNEAPOLIS, April 10, 2014 /PRNewswire/ — Kroll Ontrack, the leading provider of data recovery and ediscovery products and services, and Blancco, the global leader in data erasure and computer reuse solutions, today jointly announced a strategic partnership whereby Kroll Ontrack will be offering Blancco’s market leading suite of erasure software to corporations, refurbishing companies and government entities. Through this alliance, Blancco’s erasure software will be backed by Kroll Ontrack’s erasure and validation services as well as Ontrack® Eraser™ Degausser, providing Kroll Ontrack’s global customer base with a full end-to-end erasure strategy supported by a more expansive data erasure software suite in terms of supported media and platforms.

(Logo: http://photos.prnewswire.com/prnh/20130418/608188)

“Blancco is pleased to align with a technology leader like Kroll Ontrack, as we both recognize the importance of keeping pace with evolving technologies and forming business relationships with trusted partners,” said Kim Vaisanen, Managing Director of Blancco. “Not only is this alliance mutually beneficial for our companies, but it benefits customers around the world who value data privacy and security. We are excited that Blancco’s wide-ranging data erasure solutions will be available as valued tools for Kroll Ontrack customers.”

Forming a unique end-to-end data erasure solution that combines market leading erasure software from Blancco with best-in-class degausser technology and erasure services from Kroll Ontrack enables customers to work with one point of contact for all their data erasure needs. Specifically, Blancco solutions now available through Kroll Ontrack include: Blancco 5 for servers, laptops and PCs; Blancco Mobile for smartphones and tablets; and Blancco File and LUN for selective data erasure. These and other Blancco solutions can be centrally managed through the Blancco Management Console, creating a complete, auditable data erasure management (DEM) process with consolidation of detailed erasure reports.

Also, Blancco erasure products are now supported by Kroll Ontrack services. These services include onsite or remote erasure, technical support from Kroll Ontrack engineers that are certified to support Blancco solutions, and Kroll Ontrack’s independent evaluation and analysis and that verifies no data can be recovered from the storage device – even by experts.

“With 20 locations around the globe and services to support end-of-life data management, Kroll Ontrack is proud to serve as a premium reseller of Blancco solutions,” said Greg Olson, senior vice president of Data and Storage Technologies, Kroll Ontrack. “By pairing Blancco’s marketing leading suite of erasure products and Kroll Ontrack’s Degausser hardware solution and deployment and validation services, no one is better equipped than the world leader in data recovery to provide a comprehensive strategy and solution for secure data management.”

About Blancco

Blancco is the proven data erasure solution for millions of users around the globe. As the global leader in data erasure and computer reuse solutions, Blancco offers the most certified data erasure solutions within the industry. The company serves users across a wide range of industries, including banking, finance, government and defense. The company’s products are highly valued by IT asset disposal professionals around the world. Blancco operates from an extensive network of international offices and partners across Europe, North America, the Middle East, Russia, Asia and Australasia. More information is available at http://www.blancco.com.

About Kroll Ontrack Inc.

Kroll Ontrack provides technology-driven services and software to help legal, corporate and government entities as well as consumers manage, recover, search, analyze, and produce data efficiently and cost-effectively. In addition to its award-winning suite of software, Kroll Ontrack provides data recovery, data destruction, electronic discovery and document review. For more information about Kroll Ontrack and its offerings please visit: http://www.krollontrack.com or follow @KrollOntrack on Twitter.

Media Contacts:

Kaitlin Shinkle,
+1-952-516-3581
kshinkle@krollontrack.com

Johanna Pakkanen
+358-440-386-117
johanna.pakkanen@blancco.com
Source: Blancco Oy Ltd.

Written by asiafreshnews

April 13, 2014 at 10:45 pm

Posted in Uncategorized

BGC Partners’ First Quarter 2014 Financial Results Announcement to be Issued Prior to Market Open on Thursday, May 1, 2014

leave a comment »

— Conference Call Scheduled for the same day at 10:00 a.m. ET

NEW YORK, April 10, 2014 /PRNewswire/ — BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC,” or “the Company”), a leading global brokerage company servicing the financial and real estate markets, today announced that it plans to issue an advisory press release by 8:00 a.m. ET on Thursday, May 1, 2014. This advisory release will notify the public that a full-text financial results press release will be accessible at the any of the following pages:

http://ir.bgcpartners.com (an HTML version with Excel financial tables or PDF)

http://ir.bgcpartners.com/news-releases (an HTML version with Excel financial tables or PDF)

http://www.bgcpartners.com/news-centre/press-releases (PDF only)

The Company will host a conference call on Thursday, May 1, 2014 at 10:00 a.m. ET to discuss these results.
WHO: BGC Partners, Inc. (NASDAQ: BGCP)
WHAT: First Quarter 2014 financial results conference call
WHEN: Thursday, May 1, 2014 at 10:00 a.m. ET
WHERE: The “Investor Relations” section at http://www.bgcpartners.com
HOW: Listeners must have a Real Media or Windows Media plug-in and headphones or speakers in order to listen to the webcast or its replay.

An audio replay of the conference call is expected to be accessible at the “Investor Relations” section of http://www.bgcpartners.com within 24 hours of the live call for 365 days following the call. Additionally, call participants may dial in with the following information:
LIVE CALL:

Date – Start Time: 5/01/2014 10:00 AM ET
U.S. Dial In: 1-800-708-4539
International Dial In: +1-847-619-6396
Confirmation Number: 37065290
REPLAY:

Available From – To: 5/01/2014 12:30 PM ET – 5/08/2014 11:59 PM ET
U.S. Dial In: 1-888-843-7419
International Dial In: +1-630-652-3042
Passcode: 37065290

(Note: If clicking on the above links does not open up a new web page, you may need to cut and paste the above urls into your browser’s address bar.)

About BGC Partners, Inc.
BGC Partners is a leading global brokerage company servicing the financial and real estate markets. Products include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures, and structured products. BGC also provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services to a broad range of financial and non-financial institutions. Through its BGC Trader and BGC Market Data brands, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. Through the Newmark Grubb Knight Frank brand, the Company offers a wide range of commercial real estate services including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management. BGC’s customers include many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms. For more information, please visit http://www.bgcpartners.com.

BGC, BGC Trader, Grubb & Ellis, Grubb and Newmark are trademarks and service marks of BGC Partners, Inc. and its affiliates. Knight Frank is a service mark of Knight Frank Limited Corp., used with permission.

Discussion of Forward-Looking Statements by BGC Partners
Statements in this document regarding BGC Partners’ business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. Except as required by law, BGC undertakes no obligation to release any revisions to any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in our public filings, including our most recent Form 10-K and any updates to such risk factors contained in subsequent Form 10-Q or Form 8-K filings.

Logo – http://photos.prnewswire.com/prnh/20110720/MM38935LOGO
Source: BGC Partners, Inc.

Written by asiafreshnews

April 13, 2014 at 10:14 pm

Posted in Uncategorized