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Archive for May 24th, 2014

Market for Automotive Semiconductor to Exceed $41 Billion by 2021 says Strategy Analytics

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– Demands for Greener, Safer, Connected Vehicles to Fuel Growth

BOSTON, May 22, 2014 /PRNewswire/ — The Strategy Analytics Automotive Electronics service report, “Automotive Electronics Semiconductor Demand Forecast 2012 to 2021” predicts that the market for automotive semiconductors will see growth driven by key automotive industry themes of Greener, Safer, Better Connected.

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Globally legislation continues to drive the development of next generation vehicle technology offering further enhancements to emissions control and safety. Industry competition and consumer expectations are leading to higher levels of vehicle connectivity to the cloud and personal portable devices. As a result demand for enabling semiconductor devices is expected to grow at a CAAGR (compound average annual growth rate) of 5 percent over the next seven years, with the total market worth over $41 billion by 2021, compared to $27.5 billion in 2013. The Strategy Analytics analysis also identifies that demand for microcontroller and power semiconductors will drive over 40 percent of revenues, while light vehicle production in China will drive 20 percent of regional demand by 2021.

“Ongoing research and development to further improve conventional and electrified powertrains and safety enhancing advanced driver assistance systems (ADAS) is fueling growth for high performance processors, additional memory, highly integrated mixed signal ICs and sensor devices including radar and cameras,” stated Chris Webber, VP Global Automotive Practice at Strategy Analytics. “The growth opportunity will also be for semiconductors providing wireless connectivity to enable greater levels of future vehicle autonomy and to meet consumer expectations for seamless portable device usage and content delivery in the car,” he added.

“The need for intelligent control and power drive within literally dozens of electronic control units, motors and solenoid actuators within a single vehicle accounts for the high revenue share for microcontrollers and power devices,” added Mark Fitzgerald, Associate Director, Global Automotive Practice.

About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. http://www.StrategyAnalytics.com

European: Chris Webber, +44 1908 423 645, cwebber@strategyanalytics.com

US Contact: Mark Fitzgerald, +1 617 614 0717, mfitzgerald@strategyanalytics.com
Source: Strategy Analytics

Written by asiafreshnews

May 24, 2014 at 11:48 pm

Posted in Uncategorized

Stretta Therapy for GERD featured on The Doctors TV program

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NORWALK, Conn., May 20, 2014 /PRNewswire/ — The Emmy Award-winning TV program The Doctors recently featured the case of “Jenny,” a 29-year-old with severe gastroesophageal reflux disease (GERD). Jenny suffered for three years before she turned to University of California Irvine’s Dr. Kenneth Chang for a solution in the form of Stretta® therapy.

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Jenny had chronic GERD that was uncontrolled with medications and suffered from constant discomfort and pain. In The Doctors episode, Dr. Chang provides an overview of Stretta and explains that it works by treating the sphincter muscle at the top of the stomach with radiofrequency (RF) energy, to create a stronger, thicker muscle. The improvement in muscle function restores the natural barrier to reflux and prevents stomach contents from refluxing up into the esophagus, which was the cause of Jenny’s painful symptoms.

Dr. Chang is shown performing Jenny’s Stretta procedure, pointing out the loose muscle pre-Stretta and the tighter muscle post-Stretta, which resulted in the improvement in Jenny’s GERD symptoms.

Just a couple of months post-Stretta Jenny’s symptoms have resolved and she is now off the medications she previously took to control her reflux. “I’m feeling great,” she said, “I’m able to enjoy food again for the first time in years.”

The show’s hosts, Dr. Travis Stork and Dr. Rachel Ross noted that because Jenny was young and healthy, she didn’t fit their idea of the typical GERD patient. Dr. Chang replied, “Twenty percent of Americans have weekly reflux, about four million people are on chronic medication for their reflux, and refluxers come in all shapes and sizes.” Dr. Chang goes on to explain why Stretta is an ideal “middle” therapy. “For a long time the only options were medications or invasive surgery, but the Stretta procedure represents an outpatient simple procedure that is fast, effective and safe.”

View the show at http://www.thedoctorstv.com/videolib/init/11495.

For more information visit http://www.stretta-therapy.com.

ABOUT STRETTA® AND MEDERI®

Stretta is a minimally invasive GERD treatment that is a proven safe and effective alternative to long-term medications or surgery and implants. Stretta involves delivery of RF energy to the muscle of the lower esophagus, offering a durable option that does not preclude further steps with more invasive procedures if indicated. Many insurance plans cover Stretta.

Mederi Therapeutics manufactures Stretta and Secca – innovative medical devices that deliver RF energy to treat digestive diseases. Mederi therapies are available worldwide.

Contact:
Julia Brannan
+1-908-464-2470
julia@pascalecommunications.com
Source: Mederi Therapeutics

Written by asiafreshnews

May 24, 2014 at 12:38 am

Posted in Uncategorized

Final Reminder: BGC Partners Plans to Host Investors and Analysts on May 29, 2014

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— The Event Will Be Available to the Public via Webcast

NEW YORK, May 21, 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 issued final reminder to the public of its half-day presentation to sell-side analysts and professional investors in New York City on Thursday, May 29, 2014.

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The event will be hosted by BGC Partners’ President, Shaun D. Lynn, and will include presentations by certain of the Company’s other executives regarding BGC Partners’ financial results, operations, and outlook. The event is expected to begin at around 10:00 AM ET and conclude at approximately 2:00 PM ET.

Attendance at the event is by invitation only and, the general public is invited to view the presentation slides and listen to a live audio webcast of the event at the “Investor Relations” section of http://www.bgcpartners.com or directly at http://ir.bgcpartners.com. A replay of the webcast will be available on the website 24 hours after the conclusion of the event.

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.
Source: BGC Partners, Inc. 
Related stocks: NASDAQ-NMS:BGCP

Written by asiafreshnews

May 24, 2014 at 12:31 am

Posted in Uncategorized

Thailand selects Office 365 for every student nationwide

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– Microsoft Thailand and Office of the Basic Education Commission sign five-year agreement to address nation’s top priority — creating a skilled workforce by improving education.

BANGKOK, May 21, 2014 /PRNewswire/ — The Office of the Basic Education Commission (OBEC) and Microsoft (Thailand) Limited on Wednesday signed a memorandum of understanding that will provide 8 million students and 400,000 teachers across Thailand with free access to Microsoft Office 365 for education. The agreement, which also includes the extension of the highly successful Partners in Learning initiative to 2019, represents the single biggest cloud service deployment for Microsoft in the education sector globally.

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“OBEC and Microsoft have enjoyed 10 years of collaboration for the betterment of Thailand’s future under Partners in Learning,” said OBEC Senior Advisor in Technology for Teaching and Learning Anek Ratpiyapaporn. “The 11th National Economic and Social Development Plan states that Thailand’s top priority is to develop its human resources through improvement in education. Microsoft’s support will ensure that educators and students are empowered with solutions and platforms that are aligned with their needs.

“This initiative will play a key role in our preparations for ASEAN Economic Community integration and drive the development of 21st century skills that are vital to the Smart Thailand 2020 strategy, whose key objective is to foster sustainable national growth and raise the standard of living through technology,” Ratpiyapaporn added.

Conceived in 2003, Partners in Learning is a global Microsoft program that fosters innovative use of technology in education to help students and teachers around the world maximize their potential. So far, the program has provided training to more than 12 million educators and enhanced the learning experience for 200 million students in 119 countries. In Thailand, Partners in Learning has reached out to more than 164,000 teachers and 8 million students across 39,000 schools nationwide.

Haresh Khoobchandani, managing director of Microsoft (Thailand), said, “Microsoft has always seen technology as an important enabler of quality education, and this memorandum of understanding underscores our long-term commitment to Thailand and our vision of a holistic transformation of the Thai education system. Throughout Microsoft’s 20 years in Thailand, we have invested $5.2 million (156 million THB) in Thai education as part of our vision of We Make 70 Million Lives Better. This dedication to education in Thailand is part of our global YouthSpark initiative to help young people capture opportunities, to learn skills, to prepare for the jobs of the future or even to start their own business.

“Two million university students and staff members are already taking advantage of cloud technology through Office 365 for education, and this landmark partnership with OBEC will increase the number of users to more than 10 million,” Khoobchandani continued. “This enables schools and universities across Thailand to create massive repositories of knowledge that can be accessed and shared anywhere, any time, and on any device in a secured and trusted environment.”

Under this memorandum of understanding, schools under OBEC jurisdiction will gain access to Office 365 for education, giving students and teachers alike the ability to create, connect and collaborate on an advanced and enterprise-ready cloud platform that is safe and secured. A 2013 IDC study commissioned by Microsoft found that proficiency with Microsoft Office applications ranks high at No. 3 of the top 20 in-demand skills globally. The study also found that 29 percent of high growth or salary occupations call for Microsoft Office or Microsoft Office-related skills, such as word processing, spreadsheets and financial reporting.

Microsoft YouthSpark is a companywide, global commitment to provide young people with opportunities for education, employment and entrepreneurship, and Partners in Learning is a key element of this commitment that helps students and teachers benefit from Microsoft’s academic and technical resources. These include free educational materials through the Microsoft IT Academy, various teacher and school development programs, access to professional-class development tools and technical guidance through the Microsoft DreamSpark program. They will also be able to benefit from tech startup support through the Microsoft BizSpark program, and opportunities to showcase their creativity and expertise in the Microsoft Imagine Cup competition.

“With young people between the ages of 15 and 24 forming the largest segment of the unemployed in Thailand,1 there is a pressing need to drive transformational change in education,” said Anthony Salcito, vice president of Worldwide Public Sector Education for Microsoft. “The full impact of Microsoft’s partnership with OBEC is not simply in the millions of students that will have access to the most compelling and engaging technology for education and collaborative learning. It will be seen in how we are able to effectively integrate technology into the classroom to help prepare these students with the skills of the future.”

Wednesday’s announcement surpasses Microsoft’s previous largest cloud education partnerships — a partnership with the Sao Paulo State Department of Education to provide Office 365 to more than 4 million students; the 7.5 million Office 365 seats that the All India Council for Technical Education (AICTE) deployed across 11,500 technical colleges and institutions in India; and the 4.5 million seats that the Catholic International Education Office deployed globally in 2012.

The memorandum of understanding between Microsoft and OBEC will cover a five-year period from June 1, 2014, to May 31, 2019.

For more information on Partners in Learning and Office 365 for education, visit http://www.pil-network.com, http://www.pil.in.th and http://office.microsoft.com/en-001/academic.

About Microsoft (Thailand) Limited
Established in 1993, Microsoft (Thailand) Limited provides world-class software that is easy to use and localized to suit the local market’s needs. It also has a compelling and consistent platform to build powerful business solutions that can scale from a notebook computer to a mainframe – class multiprocessor systems using Microsoft technology. For further information, please visit the Microsoft (Thailand) website at: http://www.microsoft.com/thailand.

About Microsoft
Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

1 International Labour Organization, Unemployment distribution by sex and age, Thailand (2012)

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/news/contactpr.mspx.
Source: Microsoft

Written by asiafreshnews

May 24, 2014 at 12:21 am

Posted in Uncategorized