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Frost & Sullivan presents San Carlos Solar Energy with 2014 Philippines Solar Photovoltaic System Integrator of the Year award

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MANILA, Philippines  /PRNewswire/ — San Carlos Solar Energy, Inc. was recently presented with the 2014 Philippines Solar Photovoltaic (PV) System Integrator of the Year award at the 2014 Frost & Sullivan Philippines Excellence Awards held on 17 July 2014 at the Makati Shangri-la Hotel, Manila. This award is presented to the company that has demonstrated excellence in the three key areas of demand generation, brand development and competitive positioning.

Currently, the Philippines has the fifth highest electricity tariff in the world today and the second in Asia, as the country still suffers from frequent blackouts. Due to the high electricity rates in the country, exploration and development of new alternative energy resources such as solar power has been accelerated in order to reduce the country’s dependence on imported fossil fuels. This thereby correlates the growing power demand in the country with alternative power resources that are sustainable, reliable and more cost-effective.

Although the conditions for solar projects in the Philippines are very positive, there has been a scarcity of investments in solar projects. While many renewable energy system integrators in the Philippines are actively engaged in developing off-grid solar PV systems and roof-top systems, none of them have ventured into developing large-scale solar plants following the introduction of the feed-in-tariff policy.

“Realizing the country’s critical demand for electricity, San Carlos Solar Energy is credited with taking a pioneering initiative to develop the country’s first and largest utility scale solar power plant – SaCaSol, a feat which is commendable in a nascent but high growth oriented solar power market,” said Ms. Suchitra Sriram, Program Manager for Energy & Power Systems, Frost & Sullivan Asia Pacific.

She continued, “Within a short span of time, the company has strengthened its core services portfolio, collaborated well with product vendors, and have capitalized on opportunities as the market gets ready to adopt solar power. It is well positioned to build a sound track record of projects and set a high benchmark in the industry.”

“In recognition of its commitment toward engineering excellence, project management capabilities and prompt service in the high growth solar power market, Frost & Sullivan is pleased to present San Carlos Solar Energy with this award,” she added.

The Frost & Sullivan Philippines Excellence Awards is now in its third consecutive year and seeks to recognize companies and individuals that have pushed the boundaries of excellence, rising above the competition and demonstrating outstanding performance in the Philippines market.

First founded in 2012, the Philippines Awards program began by showcasing outstanding IT and Telecommunications companies in the local market. This year, the Awards program expanded to also include other prominent companies in the Philippines from other sectors like Building, Energy, and Environment.

The awards are based on extensive market engineering tools evolved by Frost & Sullivan. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

For more details on the 2014 Philippines Excellence Awards log-in to http://frost-apac.com/philippinesawards/.

MEDIA CONTACT:

Carrie Low
Corporate Communications — Asia Pacific
E: carrie.low@frost.com
P: +603-6204-5910

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. 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

 

 

Source: Frost & Sullivan

Written by asiafreshnews

July 31, 2014 at 12:22 pm

Posted in Uncategorized

Frost & Sullivan: Critical Communications LTE is a New and Challenging Market Opportunity for Mobile Operators in Europe

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— Emergency services users are opening up to public network operators as providers of mission-critical data services

LONDON /PRNewswire/ — Critical communications users in Europe, such as emergency services and transportation, are impatient to incorporate mobile broadband data into their daily operations. For the first time, public mobile network operators (MNOs) have the chance to provide mission-critical services to this specialised market segment — if they are willing to meet its demanding requirements.

Analysis from Frost & Sullivan, Mobile Broadband for Critical Communications in Europe, finds that public safety operators (PSOs) and their customers are evaluating options for the adoption of LTE. Dedicated, harmonised spectrum is not currently available in the region, so the opportunity falls to commercial MNOs to provide shared access to their infrastructure.

“Critical communications users are long overdue the benefits of LTE,” said Frost & Sullivan Information & Communication Technologies Senior Industry Analyst Sheridan Nye. “Consumers are accustomed to receive streaming video to their smartphones. But emergency services and other agencies are frustrated by the limitations of narrowband data over their dedicated networks, which are highly resilient but designed primarily for voice.”

“MNOs have an opportunity to monitise their LTE investments, directly through providing premium managed network services or via MVNOs and/or hosted evolved packet cores,” adds Nye. “Further opportunities will open up for a range of market participants to provide systems integration and applications development and hosting.”

A low-risk incremental alternative in the near-term is for PSOs to establish mobile virtual network operators (MVNOs) for 3G/4G data. Mobile broadband enables exciting use cases such as body-worn cameras, advanced navigation and augmented reality applications. An MVNO can also function as a platform for applications innovation.

However, the sector remains cautious as public mobile networks are not yet engineered for resilience and advanced voice features that critical communications users require. The challenge for operators is to decide whether they can recoup this additional investment from what is a niche market in comparison to their consumer customer base.

Another consideration is the coexistence of LTE with dedicated networks such as terrestrial trunked radio (TETRA). PSOs continue to make substantial investments in this infrastructure, which could persist for at least another 10 years in many markets.  LTE as a full replacement of TETRA and its variants will require standardisation of voice-over LTE (VoLTE) — either formally or via market acceptance of vendor solutions.

“MNOs and LTE vendors across Europe are partnering with their counterparts in the traditional professional mobile radio space to address this specialised market,” noted Nye. “Operators must assure potential customers that they will make the necessary investments in LTE coverage, resilience, capacity and functionality, even outside densely populated areas.”

For more information on this study, please email Edyta Grabowska, Corporate Communications, atedyta.grabowska@frost.com.

Mobile Broadband for Critical Communications in Europe is part of the Mobile & Wireless Communications(http://www.wireless.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Next Generation Enterprise Mobility Management Market Insight, Will Mobile Operators Step Up to the UK’s Public Safety Challenge?, and Mobile Broadband Race Sustains Pressures for Smart Tariff Pricing and Positioning inRussia. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

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 organisation 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

Mobile Broadband for Critical Communications in Europe

MA6A-65

Contact:
Edyta Grabowska
Corporate Communications — Europe
P: +48-22-481-62-03
E: edyta.grabowska@frost.com

http://www.frost.com

Source: Frost & Sullivan

Written by asiafreshnews

July 31, 2014 at 12:19 pm

Posted in Uncategorized

Statement of Daniel A. Pollack, Special Master in Argentina Debt Litigation

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NEW YORK/PRNewswire/ — Daniel A. Pollack, the Special Master appointed by Judge Thomas P. Griesa to conduct and preside over settlement negotiations between the Republic of Argentina and its Bondholders, issued the following Statement tonight:

“A delegation from the Republic of Argentina, led by the Minister of the Economy, Axel Kicillof, and the principals of the large Bondholders met tonight for several hours in my office and in my presence. These were the first face-to-face talks between the parties. There was a frank exchange of views and concerns. The issues that divide the parties remain unresolved. Whether and when the parties will meet tomorrow (July 30) remains to be determined overnight.”

Source: Daniel A. Pollack

Written by asiafreshnews

July 31, 2014 at 12:18 pm

Posted in Business & Finance

YTL Hotels Expands Partnership with TravelClick as Business Booms

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NEW YORK and KUALA LUMPUR, Malaysia /PRNewswire/ — YTL Hotels , which owns a collection of unique luxury hotels and resorts inMalaysia, Indonesia, Japan and beyond, today announced an expanded partnership with hospitality solutions providerTravelClick . This long-term partnership will maximize transactions and drive revenue for ten of its world-class properties through the use of TravelClick’s market-leading iHotelier suite of reservations solutions.

Through the relationship, YTL Hotels’ properties will not only have access to TravelClick’s world-class iHotelier Central Reservations System (CRS), but the company’s entire suite of reservations solutions including TravelClick Channel Management, iHotelier Property Management System (PMS) Integrations, iHotelier GDS, iHotelier Web 3.0, and iHotelier Mobile.

YTL Hotels first implemented iHotelier and TravelClick’s web reservations solution three years ago. Since that time, the booking engine has proven to be extremely instrumental in YTL Hotels’ growth strategy, enabling them to increase web bookings.

“TravelClick offers the most compelling and competitive solution in the industry, and there is no question they remain our CRS of choice among all the other competing technologies out there,” saidLuke Hurford, Vice President of Sales and Marketing, YTL Hotels. “TravelClick’s solutions have ultimately helped to strengthen our digital brand and increase bookings through our ‘owned’ channels, and we’re pleased to expand our partnership with the company.”

“YTL Hotels has learned first-hand the impact iHotelier can have on their brand presence,” saidPaul Southey, Vice President of Asia Pacific, TravelClick. “Because of the company’s collection of resorts inMalaysia and beyond, they require a sophisticated and robust distribution system that effectively allows them to market their services to discerning travelers. We’re thrilled to see that after three years, they have decided to expand their relationship with TravelClick. This is validation that our solutions have helped YTL Hotels to create a stronger brand and generate increased revenue.”

TravelClick’s technology solutions will be utilized at the following ten properties: Cameron Highlands Resort inMalaysia; The Majestic Malacca in Malaysia; Pangkor Laut Resort in Malaysia; Gaya Island Resort in Malaysia; Tanjong Jara Resort inMalaysia; The Green Leaf Niseko Village in Japan; Spa Village Resort Tembok inBali; Vistana Kuala Lumpur Titiwangsa in Malaysia; Vistana Kuantan City Centre inMalaysia, and Vistana Penang Bukit Jambul in Malaysia.

About YTL Hotels YTL Hotels owns and manages a prestigious collection of award-winning resorts, hotels, boutique experiences and Spa Villages inMalaysia, Thailand, Indonesia, China, Japan, France and the UK, including Pangkor Laut Resort, voted the world’s best resort in 2003 by Conde Nast Traveller UK.

In 2012, the company added Gaya Island Resort – a luxury resort on the exotic tropical island ofBorneo, and The Majestic Hotel Kuala Lumpur – the second heritage jewel in the group’s Classic Hotels collection to the fold. InFebruary 2014, the group revealed its fully refreshed Vistana Hotels. In July 2014, the group announced KASARA, its new brand of luxury accommodations offering bespoke, one-of-a-kind experiences in exotic locations.

With each new experience that it presents, the company strives to embrace and highlight the natural essence of culture, character and tradition of its surroundings. YTL Hotels is the hospitality arm of YTL Corporation Berhad. Visitwww.ytlhotels.com for more information.

IMAGES:For high-resolution images, please visit www.ytlhotels.com/mediagallery . For reservations and inquiries, please contact the YTL Travel Centre directly inMalaysia, call +60 3 27831000 or emailtravelcentre@ytlhotels.com.my .

About TravelClick, Inc.TravelClick (TravelClick.com ) provides innovative cloud-based solutions for hotels around the globe to grow their revenue, reduce costs and improve performance. TravelClick offers hotels world-class reservation solutions, business intelligence products, and comprehensive media and marketing solutions to help hotels grow their business. With local experts around the globe, we help more than 38,000 hotel clients in over 160 countries drive profitable room reservations through better revenue management decisions, proven reservation technology and innovative marketing. Since 1999, TravelClick has helped hotels leverage the web to effectively navigate the complex global distribution landscape. TravelClick has offices inNew York, Atlanta, Philadelphia, Chicago, Barcelona, Dubai, Hong Kong, Houston, Melbourne, Orlando, Shanghai, Singapore and Tokyo. Follow us on twitter.com/TravelClick and facebook.com/TravelClick .

Press Contacts:

TravelClick

YTL Hotels

Danielle DeVoren | Anna Susman

Aja Ng

+1-212-896-1272 / +1-212-896-1254

+6018-799-9007

ddevoren@kcsa.com | asusman@kcsa.com

aja@ytlhotels.com.my

Written by asiafreshnews

July 31, 2014 at 12:14 pm

Posted in Uncategorized

OIL Announces an Increase in per Occurrence Limits to $400 Million

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HAMILTON, Bermuda/PRNewswire/ — At its July 23rd, 2014 Board of Directors meeting, Oil Insurance Limited (OIL) elected to increase its per occurrence limit from $300 million to $400 million and the event aggregation limit from $900 million to $1.2 billion effective January 1st, 2015. Furthermore, OIL will give its members until January 1, 2017 to move to the $400 million limit in order to facilitate the adoption of the additional$100 million limit into their insurance programs. Atlantic Named Windstorm (ANWS) limits will remain the same at $150 million part of $250 million with a $750 million event aggregation limit.

Robert D. Stauffer, President & CEO, said that the decision to increase the limit was supported by a significant majority of the members who requested the increase in a membership survey conducted in May of this year. “Our members were clear that an increase in limits would be very helpful in their quest to keep pace with the significant investments they are making in Oil & Gas projects around the world. It is not uncommon for our members to invest in $10-$40 billion projects and our “All Risks” policy can seamlessly and directly take them through the construction phase and into operation without the concern of coverage challenges. Our goal at OIL is to constantly evolve our value proposition to accommodate the current needs of our members and increasing limit does just that. The current limit increase closely follows a $300 million cash dividend in 2014, a $100 million premium credit in 2013 and a prior limit increase of $50 million in 2012.”

For more information about OIL’s property coverages and related value go to http://www.oil.bm.

Oil Insurance Limited (OIL) insures over two trillion dollars of global energy assets for more than fifty members with property limits up to $400 million totaling more than thirteen billion dollars in total A- rated property capacity. Members are medium to large sized public and private energy companies with at least $1 billion in physical property assets and an investment grade rating or equivalent. Products offered include Property (Physical Damage), Windstorm, Non Gradual Pollution, Cyber, Control of Well, Terrorism, Construction and Cargo. The industry sectors that OIL protects include Offshore and Onshore Exploration & Production, Refining and Marketing, Petrochemicals, Mining, Pipelines, Electric Utilities and other related energy business sectors.

Source: Oil Insurance Limited (OIL)

Written by asiafreshnews

July 31, 2014 at 11:42 am

Companies Operating in or Expanding into the USA can now Give Themselves a QuickStart

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LONDON /PRNewswire/ — TMF Group, a leading provider of high value business services to clients operating and investing globally, has launched a new service designed to reduce the cost and administrative burden for companies operating in, or expanding into the USA and keep them in ‘good standing’ across 51 states.

QuickStart: to the USA gives companies a single point of local contact and access to specialist financial, legal and HR and payroll services, including:

  1. Implementing and maintaining a firm’s legal set-up and structuring
  2. Providing a registered agent
  3. Ensuring compliance with state and local regulations
  4. Handling accounting and tax requirements
  5. Ensuring staff get paid on time and in accordance with local rules

Luigi Garlati, Regional Director (Americas), TMF Group, explained: Now is a great time to operate in the US market. However, compliance can be complex and companies need to be careful that they fully understand the local market and its regulations, as failure to do so could lead to financial penalties, lost business or, in extreme cases, criminal prosecution.

Through the QuickStart package, TMF Group helps businesses overcome the key challenges of establishing or running operations in a new country; centralising the process and maintaining compliance in all 51 jurisdictions.

According to a recent study commissioned by TMF Group and conducted by IDC, these challenges include finding the right premises and local suppliers; complying with local rules, regulations and processes; understanding local cultural differences and languages; and finding the right local talent.

The survey also demonstrated how renewed confidence in global economic conditions has encouraged more businesses to consider expanding their operations internationally.  According to the study, 86% of those surveyed were planning to grow their footprint in order to expand sales operations. Additionally, nearly 30% planned to enter new markets within a year and 64% within two years.

Garlati, concluded: Entering a new country can be a challenge for any company and fraught with commercial and reputational risk.  

“Even once established, firms will continue to face fresh challenges as they attempt to manage the many local nuances that influence the business environment, which can often be a complex and burdensome process.  We take that burden away so that our clients can focus on what they do best.”

To find out more about TMF Group and its services in the USA, visit: http://www.tmf-group.com/quickstartusa

For further information, please contact:
Justin Griffiths, Powerscourt
Tel: +44(0)20-7250-1446
tmf@powerscourt-group.com

Source: TMF Group

Written by asiafreshnews

July 31, 2014 at 10:44 am

Posted in Business & Finance

Frost & Sullivan Applauds Gamma Medica for Improving the Quality and Efficiency of Breast Cancer Diagnosis with its Unique LumaGEM MBI System

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-Gamma Medica meets the global demands of breast imaging by providing high sensitivity and specificity

MOUNTAIN VIEW, Calif./PRNewswire/ — Based on its recent analysis of the breast imaging systems market, Frost & Sullivan recognizes Gamma Medica with the 2014 Global Frost & Sullivan Award for Product Leadership. Gamma Medica’s LumaGEM Molecular Breast Imaging (MBI) system provides breast images through the digital direct conversion of photons in gamma rays into electronic charges that form the image. It equips clinicians with MBI technology to detect tumors in women with dense breast tissue and plan treatment measures as early as possible.

Gamma Medica has demonstrated its dedication to improving the standard of care for breast cancer patients by offering the advanced cadmium zinc telluride (CZT) solid state detector technology in its LumaGEM MBI system.

“While other adjunct technologies such as ultrasound and magnetic resonance imaging are available, either their inability to locate microcalcifications or their low specificity can throw up inconclusive results,” said Frost & Sullivan Research Analyst Raghuraman Madanagopal. “On the other hand, Gamma Medica’s LumaGEM MBI system can efficiently locate lesions as small as 5 millimeters in size and help identify the tumor as benign or cancerous.”

The LumaGEM MBI system has the highest negative predictive value (NPV) among adjunct technologies used for breast cancer diagnosis, making it one of the most reliable systems for this purpose. It also has a high intrinsic spatial resolution of 1.6 millimeters and provides high-quality images that enable clinicians to locate tumors, measure them, and understand their functional and metabolic activities.

While there are shortcomings with every adjunct technology that is used for breast cancer diagnosis, the LumaGEM MBI system, with a high sensitivity of 91 percent and a high specificity of 93 percent, offers customers unprecedented precision. The LumaGEM MBI system utilizes a dual-head technology that effectively locates cancers in cases that previously were either inconclusive or determined to be negative on mammography images.

As the imaging is done on the mediolateral oblique and the cranio-caudal planes, it is easily comparable to mammography images. The scanning procedure in the LumaGEM MBI system uses minimal compression and is performed with the subject in a seated position.

“The LumaGEM MBI system has a small-sized gamma camera that is located closer to the breasts,” notedRaghuraman Madanagopal. “As a result, the amount of radiation required for obtaining images is less than one-third of the amount used in most breast-specific gamma imaging modalities. Frost & Sullivan research shows that this ability provides Gamma Medica a technological advantage over its competitors.”

“Gamma Medica is committed to making MBI a more widely used tool in the battle against breast cancer,” said Jim Calandra, president and chief executive officer of Gamma Medica. “We are pleased to have been recognized by Frost & Sullivan for our efforts and are excited to drive breast cancer diagnosis technology forward with highly advanced, patient-friendly and cost-effective tools.”

Gamma Medica has made its products commercially available throughout the United States, as well as in certain parts of Europe, and hopes to expand to other regions of the world. By utilizing innovative technologies and effective growth strategies, Gamma Medica has ensured a superior competitive position for itself in the global breast imaging systems market.

Each year, Frost & Sullivan presents this award to the company that has demonstrated innovation in product features and functionality that provides enhanced quality and higher value to customers. The award recognizes the rapid acceptance such innovation finds in the marketplace.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About Gamma Medica

Gamma Medica, Inc. is dedicated to the development of advanced digital imaging technologies that address the growing importance of overcoming the critical shortcomings of mammography and other screening modalities in the early detection of breast cancer. The company designs, builds and services the LumaGEM® Digital MBI system, the first commercially available, FDA-cleared planar, dual head, fully solid-state digital imaging system utilizing cadmium zinc telluride (CZT) technology for molecular breast imaging. For more information, visit www.gammamedica.com.

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

Contact:

Mireya Espinoza
P: 210. 247.3870
F: 210.348.1003
E: mireya.espinoza@frost.com

Sang Lee
VP of Sales and Marketing
P: 603.952.4441
E: media@gammamedica.com

Source: Frost & Sullivan

Written by asiafreshnews

July 30, 2014 at 6:30 pm

Forget The Dongle – Givex Introduces New Vexilor POS Tablets With Built-In Card Readers

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TORONTO /PRNewswire/ — The next generation of Vexilor V10 tablets have launched with an integrated magnetic stripe reader (MSR) and unique Plug and Play capabilities.

Vexilor V10 Gen 2 shown here with stand mount and optional customer facing tablet.
Vexilor V10 Gen 2 shown here with stand mount and optional customer facing tablet.

Photo – http://photos.prnewswire.com/prnh/20140718/128655

Researched and designed with the help of business partners, Vexilor is an agile POS that is more than an iPad App. Vexilor is an enterprise level POS solution using tablets that are not only designed to look sleek and enhance any business environment, but are also custom manufactured strong enough to withstand rough handling and a range of indoor and outdoor business settings.

Enterprise level businesses used to be held back by the expenses associated with purchasing, installing, and maintaining legacy POS systems. For less than the costs businesses were traditionally spending on three or four legacy POS stations, Vexilor V10 tablets can create five or six of the same. Businesses have been able to speed up cash-out times, decrease table-turn times, and increase operational efficiencies across multiple industries.

The V10 Gen 2 Vexilor tablets build upon the well-received V10 Gen 1 tablets and are designed to meet the growing demands of enterprise businesses. A built-in magnetic stripe card reader (not just a dongle) for processing transactions involving Givex gift or loyalty cards and coupon redemptions is one of the enhanced business features of the Vexilor V10 Gen 2 tablets.

The V10 Gen 2 tablets can easily be mounted to serve as workstations or customer facings screens. Powered over Ethernet (POE), they don’t rely on secondary power cords or bulky wall warts, it’s as simple as plugging in one cable and businesses are ready to go. More stable than WiFi, Ethernet gives operators peace of mind when running their businesses, no more worrying about splitters, chargers, or unstable internet connections.

“The enhancements to the Vexilor V10 Gen 2 tablets are a result of Givex working closely with our clients to deeply understand their business needs and demands of their respective industries, and working to always evolve with those needs and demands” says Graham Campbell, SVP Product Development at Givex. He furthers “the Gen 2 Vexilor V10 tablets speak to Vexilor’s agile development, and our commitment to help businesses unleash their full potential.”

Vexilor is being used by businesses in USA, Canada, UK, Australia, Hong Kong, and mainland China.

About Givex

Givex is a technology company offering clients a global reach with cost-effective gift card, omni-channel loyalty, analytics, stored value tickets, and cloud-based POS systems. Our core distinction is taking on the tough task of managing all aspects of the transaction to ensure companies can deliver maximum customer satisfaction. Givex products and services give you insight into your data to enable you to better drive sales growth, customer relationship management and enterprise resource planning.

Website: http://www.givex.com

For more information or media inquiries, please contact

Bryan Wang
Director of Marketing
Givex
Phone: +1.416.350.9660 x 309
Toll free: 1.877.478.7733
Fax: +1.416.350.9661
Email: bryan.wang@givex.com

Source: Givex

Written by asiafreshnews

July 30, 2014 at 6:11 pm

Merck Serono Initiates Phase II Study of Anti-PD-L1 Antibody MSB0010718C in Metastatic Merkel Cell Carcinoma

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DARMSTADT, Germany  /PRNewswire/ —

  • First patient begins treatment in an international Phase II study investigating the efficacy and safety of MSB0010718C in patients with metastatic Merkel cell carcinoma (mMCC)
  • mMCC is a rare and aggressive skin cancer lacking effective treatments
  • MSB0010718C is also currently being explored in a seven cohort Phase I clinical trial for the treatment of solid tumors that aims to recruit 590 patients

Merck Serono, the biopharmaceutical division of Merck, today announced the initiation of an international Phase II study designed to assess the efficacy and safety of MSB0010718C, an investigational fully human IgG1 monoclonal antibody that binds to programmed death-ligand 1 (PD-L1). This multicenter, single-arm, open-label study is being conducted in patients with metastatic Merkel cell carcinoma (mMCC), a rare and aggressive type of skin tumor,[1],[2] who have previously received one line of chemotherapy. It is expected to recruit 84 patients across Asia Pacific, Australia, Europe and North America. The primary endpoint of the study is overall response.

The PD-L1/PD-1 pathway is implicated as a major mechanism by which tumors evade elimination by the immune system.[3] The PD-L1 molecule is expressed in many cancer types, including mMCC.[3],[4]MSB0010718C, which blocks the interaction of PD-L1 with its receptor PD-1, may have the potential to restore effective anti-tumor T-cell responses and thereby to inhibit tumor growth.

Immune mechanisms are implicated in the pathogenesis of MCC, with an increased risk observed in immunosuppressed individuals.[5] MCC also is associated with the presence of the Merkel cell polyomavirus, which may have a role in tumor formation.[6] Globally, the incidence of MCC is increasing, and outcomes for patients with this disease are poor.[1],[2] Therefore, new treatment approaches are required to improve the outcome of patients with this type of cancer.

“We believe that modulating the immune system by targeting PD-L1 represents a promising new approach in the treatment of this aggressive cancer, especially considering that many of the predisposing factors for mMCC seem to be related to functional disruptions of the immune system,” said Helen Sabzevari, Senior Vice President of Immuno-Oncology at Merck Serono. “Our anti-PD-L1 compound may present a potential new approach for the treatment of mMCC patients. The initiation of this Phase II study is an important milestone, as we endeavor to help those suffering from mMCC, a devastating disease with significant unmet need.”

In addition to this new study in mMCC, MSB0010718C is currently being explored in a Phase I clinical trial for the treatment of solid tumors. The study aims to recruit 590 patients and has enrolled 422 patients to date. On June 1, 2014, Merck Serono presented initial data from this dose escalation study in solid tumors at the annual American Society of Clinical Oncology (ASCO) meeting in Chicago.[7] This study is currently recruiting patients into expansion cohorts in seven cancer types: castrate-resistant prostate cancer, colorectal cancer, gastric/gastroesophageal cancer, melanoma, metastatic breast cancer, non-small cell lung cancer and ovarian cancer.

References

  1. Hughes MP, et al. Curr Dermatol Rep 2014;3:46-53.
  2. Kaae J, et al. J Natl Cancer Inst 2010;102(11):793-801.
  3. Lipson EJ, et al. Cancer Immunol Res 2013;1(1):54-63.
  4. McDermott DF and Atkins MB. Cancer Med 2013; 2(5):662-73.
  5. Bhatia S, et al. Curr Oncol Rep 2011;13(6):488-97.
  6. Feng H, et al. Science 2008;319(5866):1096-100.
  7. Heery CR, et al. J Clin Oncol 2014;32:5(Suppl.) Abstract No. 3064.

About MSB0010718C

MSB0010718C is an investigational fully human IgG1 monoclonal antibody that binds to the PD-L1 (programmed death-ligand 1) protein, which is present at high levels in many cancer types. By competitively blocking the interaction with PD-1 receptors, it is believed that MSB0010718C thereby restores anti-tumor T-cell responses.

About Merkel cell carcinoma (MCC)

MCC is a rare and aggressive disease in which cancer cells form in the top layer of the skin, close to nerve endings. MCC, which is also known as neuroendocrine carcinoma of the skin or trabecular cancer, often starts in those areas of skin that are most often exposed to the sun, including the head and neck, arms, legs, and trunk. Risk factors for MCC include sun exposure and having a weak immune system (i.e., solid-organ transplant recipients, people with HIV/AIDS and people with other cancers, such as chronic lymphocytic leukemia, are at higher risk). Caucasian males over age 50 are at increased risk.

MCC tends to metastasize at an early stage, spreading initially to nearby lymph nodes, and then potentially to more distant areas in the body, including other lymph nodes or areas of skin, lungs, brain, bones, or other organs.

Current treatment options for MCC include surgery, radiation and chemotherapy. Treatment for metastatic or Stage IV MCC is generally palliative.

About Merck Serono

Merck Serono is the biopharmaceutical division of Merck. With headquarters in Darmstadt, Germany, Merck Serono offers leading brands in 150 countries to help patients with cancer, multiple sclerosis, infertility, endocrine and metabolic disorders as well as cardiovascular diseases. In the United States and Canada, EMD Serono operates as a separately incorporated subsidiary of Merck Serono.

Merck Serono discovers, develops, manufactures and markets prescription medicines of both chemical and biological origin in specialist indications. We have an enduring commitment to deliver novel therapies in our core focus areas of neurology, oncology, immuno-oncology and immunology.

For more information, please visit http://www.merckserono.com.

All Merck Press Releases are distributed by e-mail at the same time they become available on the Merck Website. Please go to http://www.merckgroup.com/subscribe to register online, change your selection or discontinue this service.

Merck is a leading company for innovative and top-quality high-tech products in the pharmaceutical and chemical sectors. With its four divisions Merck Serono, Consumer Health, Performance Materials and Merck Millipore, Merck generated total revenues of € 11.1 billion in 2013. Around 38,000 Merck employees work in 66 countries to improve the quality of life for patients, to further the success of our customers and to help meet global challenges.

Merck is the world’s oldest pharmaceutical and chemical company – since 1668, the company has stood for innovation, business success and responsible entrepreneurship. Holding an approximately 70% interest, the founding family remains the majority owner of the company to this day.

Merck, Darmstadt, Germany is holding the global rights to the Merck name and brand. The only exceptions areCanada and the United States, where the company is known as EMD.

Source: Merck Serono

Written by asiafreshnews

July 30, 2014 at 4:27 pm

Posted in Uncategorized

Neuberger Berman Appoints Former KKR Executive Clifford Chiu As Senior Adviser For Asia

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NEW YORK and HONG KONG /PRNewswire/ — Neuberger Berman, one of the world’s leading employee-controlled investment managers, is pleased to announce the appointment of Clifford Chiu, former partner member at KKR & Co., as Senior Adviser to Neuberger Berman Asia, effective immediately.

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Mr. Chiu will work across the Asia Pacific region to help Neuberger Berman continue to build its Asian client base. Mr. Chiu recently retired from KKR where, as the partner overseeing the firm’s client business in Asia including Japan, he and his team raised close to US$15 billion in commitments from institutional investors in Greater China, Korea,Japan, Southeast Asia and Australia, for the various KKR private equity funds.

“We are delighted to welcome Clifford to our team in Asia and learn from his vast insights as we continue to expand our presence in this region,” said Nick Hoar, managing director and head of Asia Pacific for Neuberger Berman.

In addition to his leadership of KKR in Asia including Japan, Mr. Chiu served as a managing director responsible for the Asian institutional business with JP Morgan in Hong Kong andTokyo from 2002-2007, and earlier as managing director and head of Hong Konginvestment banking and co-head of Japan investment banking with Citigroup/Salomon Smith Barney in Hong Kong, Tokyo and New York.

Mr. Chiu currently serves as a director of Hsin Chong Construction Group and Cambium Learning Group, and holds Hong Kong government appointments as a board/committee member at the Financial Services Development Council (FSDC), Hospital Authority’s (HA) Tsuen Kwan O Hospital, and West Kowloon Cultural District Authority. Additionally, he serves as a director of the global advisory boards at the University of Chicago Booth School of Business and the University of Pennsylvania’s Weingarten Learning Resources Center. Mr. Chiu holds a Bachelor of Science in Economics degree from the University of Pennsylvania, Wharton School of Business, and his Masters of Business Administration from the University of Chicago Booth School of Business.

Neuberger Berman Asia employs more than 120 people and manages assets on behalf of some of the region’s leading sovereign wealth funds, pension funds, insurance companies, private and retail banks.

Neuberger Berman

Neuberger Berman is a 75-year-old private, independent, employee-controlled investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 17 countries, Neuberger Berman’s team is more than 2,000 professionals and the company was named by Pensions & Investments as a 2013 Best Place to Work in Money Management. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $257 billion in client assets as of June 30, 2014. For more information, please visit our website at www.nb.com.

Media Contact:
Alex Samuelson, 212.476.5392, Alexander.Samuelson@NB.com
Asia, David Bloomfield, 852 3664 8838, David.Bloomfield@NB.com

Written by asiafreshnews

July 30, 2014 at 4:15 pm

Posted in Uncategorized