Apps Market to Grow to $60 Billion in 2018 says Strategy Analytics

-Google Predicted to Overtake Apple for App Revenue by 2016

BOSTON /PRNewswire/ — The Strategy Analytics Apps Ecosystem Opportunities Report, Mobile Apps Forecast Total Market Forecast 2008-2018, predicts strong growth from $21.4 Billion in 2013. Apple’s App Store and Google Play will continue to be the dominant distribution channels, but Windows Phone Store and Amazon Appstore are showing strong growth in the battle for third place.

http://photos.prnewswire.com/prnvar/20130207/NE56457LOGO-b

Click here for the report:  http://www.strategyanalytics.com/default.aspx?mod=reportabstractviewer&a0=9890

David MacQueen, Executive Director, Apps and Media Research, said, “In terms of downloads, Google Play overtook Apple App Store in 2012, but iOS remains ahead in terms of revenue. We anticipate that Google Play will finally overtake the Apple App Store in terms of revenues in 2016. Google’s ambition to drive Android, and thus Google Play, as a platform for scale across all connected devices (phones, tablets, wearables and in the car) will increase opportunities for Google Play to grow revenue and surpass Apple by 2016.”

“Looking at those revenues, we are seeing in-app purchases account for the majority of spend, with paid download revenues across all app stores accounting for just over 20% of the market today, which we expect to shrink further to 16% in 2018, although there is a risk that excessive regulation may change the market outlook” he added. “However, concurrent to this, the ASP (average selling price) of paid apps has seen an increase from a low of $2.07 in 2010 to $2.69 last year. Simply put, the market is now dividing between ‘freemium’ and paid apps, and the $0.99 app is getting squeezed out.”

Adam Thorwart, Senior Research Associate in the App Ecosystem Opportunities (AEO) research program, said, “We have also been keeping a close eye on Amazon Appstore and Windows Phone Store. We believe they are showing the strongest growth, at 733% and 371% respectively, although they continue to be eclipsed by Apple and Google. Amazon’s retail experience and Windows Phone’s rapidly growing installed base are the key drivers for this growth.”

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. www.StrategyAnalytics.com

European Contact: David Macqueen, +44(0) 1908 423 623, dmacqueen@strategyanalytics.com
US Contact: Adam Thorwart, +1 617 614 0748, athorwart@strategyanalytics.com

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Source: Strategy Analytics

Wideband Small Tactical Terminal Certified by NSA

— Includes new UHF waveforms and backward compatibility with KOR-24

CARLSBAD, Calif. /PRNewswire/ — The Wideband Small Tactical Terminal (STT) (KOR-24A), co-developed by ViaSat Inc. (NASDAQ:VSAT) and Harris Corporation (NYSE:HRS) has been certified by NSA and is ready for delivery to U.S. and international military customers. The two-channel KOR-24A is being delivered with a Link 16 channel together with the ability to simultaneously use the wideband UHF Soldier Radio Waveform (SRW) or Adaptive Networking Wideband Waveform (ANW2). Integration with multiple platforms is in progress and nearly 100 terminals are already on order.

Logo – http://photos.prnewswire.com/prnh/20091216/VIASATLOGO

Along with the new software-defined, wideband waveforms, the new STT includes narrowband VHF/UHF SINCGARS, HAVE QUICK, VULOS, and HPW, as well as Link 16. The enhanced STT is also backward compatible with approximately 150 previous-version STTs already in operation on a number of U.S. government and international airborne, surface, and ground-based platforms.

“This added capability brings the modern wideband UHF waveforms to a new set of users who want modern networking in addition to NATO and U.S. coalition standard Link 16 communications,” said Ken Peterman, executive VP of ViaSat Government Systems Division. “The acceptance of the enhanced STT by the community has exceeded our expectations and confirms the need for this product.”

Ed Zoiss, VP and general manager, Defense Programs, Harris Government Communications Systems, added, “Making the latest Falcon III technology and waveforms available to a broader class of space/weight constrained airborne, ship, and ground applications in the two-channel STT can meet the growing need for air-sea-ground information sharing.”

About ViaSat (www.viasat.com)
ViaSat creates satellite and other wireless networking systems that efficiently deliver the most bandwidth for fast, secure, and high-performance communications to any location for consumers, governments, enterprises, and the military. The company offers Exede^® services in North America, which feature ViaSat-1, the world’s highest capacity satellite; worldwide mobile satellite services, including global tracking and messaging as well as high-speed in-flight Internet; satellite broadband networking systems; and network-centric military communication systems and cybersecurity for the U.S. and allied governments. ViaSat also offers communication system design and a number of complementary products and technologies. Based in Carlsbad, California, ViaSat employs over 3,300 people in a number of locations worldwide for technology development, customer service, and network operations.

Safe Harbor Statement
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward looking statements include statements about integration with multiple platforms. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: negative audits by the U.S. government; continued turmoil in the global business environment and economic conditions; delays in approving U.S. government budgets and cuts in government defense expenditures; ViaSat’s reliance on U.S. government contracts, and on a small number of contracts which account for a significant percentage of ViaSat’s revenues; the ability to successfully develop, introduce and sell new technologies, products and services; reduced demand for products as a result of continued constraints on capital spending by customers; changes in relationships with, or the financial condition of, key customers or suppliers; reliance on a limited number of third parties to manufacture and supply ViaSat’s products; increased competition and other factors affecting the communications and defense industries generally; the effect of adverse regulatory changes on ViaSat’s ability to sell products and services; ViaSat’s level of indebtedness and ability to comply with applicable debt covenants; ViaSat’s involvement in litigation, including intellectual property claims and litigation to protect proprietary technology; and ViaSat’s dependence on a limited number of key employees. In addition, please refer to the risk factors contained in ViaSat’s SEC filings available at www.sec.gov, including ViaSat’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. ViaSat undertakes no obligation to update or revise any forward-looking statements for any reason.

Exede is a registered trademark of ViaSat Inc.

Source: ViaSat Inc.

Related stocks: NASDAQ-NMS:VSAT

Double Digit Growth of Cellular Radio Components Likely to Accrue to Top Suppliers Qualcomm, MediaTek, Skyworks, RFMD-TQS, Murata says Strategy Analytics

-More Bands, LTE, Carrier Aggregation and MIMO Will Counter ASP Erosion Through 2018

BOSTON  /PRNewswire/ — Over the next five years, growth in cellular phones and related devices will push the market for cellular radio components to more than $45 billion led by basebands, power amplifiers and related front-end components, as detailed in “Cellular Radio Components Still On a Healthy Trajectory Through 2018” a new report from Strategy Analytics.  The data table report with overview analysis is available from the Strategy Analytics RF & Wireless Components strategic advisory service.

Logo – http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b

According to Christopher Taylor, Director, “Total production of cellular terminals surpassed 2.3 billion units in ’13, resulting in an increase in sales of radio components to more than $27 billion.  Baseband processors will continue to make up the biggest piece of the bill of material in phones and related terminals, but carrier aggregation, diversity and MIMO in support of higher-speed LTE will put power amplifiers, diversity receive modules, antenna tuners and drain modulators on a strong growth trajectory as well.”

According to Stephen Entwistle, head of Strategic Technologies, “In 2018, LTE devices will represent more than 70 percent of the cellular component market, which will include RF switches, filters and duplexers in new partitioning schemes with PAs and other front-end components.  Suppliers of RF front ends that do not work hard to provide OEMs with these new parts face marginalization in cellular.”

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.  www.StrategyAnalytics.com

US Contact: Christopher Taylor, +1 617 614 0706, ctaylor@strategyanalytics.com

European Contact: Stephen Entwistle, +44(0) 1908 423 636, sentwistle@strategyanalytics.com

Source: Strategy Analytics

Manufacturing Leaders Announce New ‘Critical Issues’ Agenda

* Six critical issues identified for the global manufacturing industry in the year ahead
* Product innovation, transformative technologies, collaboration and customer-centric cultures drive competitive success

MOUNTAIN VIEW, Calif./PRNewswire/ — Frost & Sullivan’s Manufacturing Leadership Council, the global business network for senior industrial executives, has established a new Critical Issues Agenda for manufacturing for 2014 to 2015.

The Council has focused the new agenda around six critical issues with strong emphasis on new product innovation and collaborative customer-centric cultures; key transformative technologies including Big Data and analytics, the Internet of Things and digital manufacturing; the need for new approaches to employee engagement to attract and develop the next generation of manufacturing leaders; harnessing the potential of public and private partnerships to drive innovation and growth; and the rising importance of sustainability and social responsibility practices to the industry’s future.

“The Council’s Critical Issues Agenda is a mirror reflection of the most important business and technology issues facing industry today,” said David R. Brousell, Global Vice President and Editorial Director of the Manufacturing Leadership Council. “It also represents the Council’s core mission of bringing together executives from all sectors of manufacturing in a common purpose to address these issues for their own companies, as well as for the industry at large.”

The 2014/2015 Critical Issues Agenda includes:

• Factories of the Future
        Focus:
  • The Internet of Things on the plant floor
  • 3D Printing and emerging production technologies
  • Digital manufacturing
• The Innovative Enterprise
        Focus:
  • New product innovation, open collaboration and crowdsourcing
  • Customer-centric supply chain innovation
  • Business model innovation
• Manufacturing Advocacy
        Focus:
  • Public and private partnerships, especially between industry and education
  • Global manufacturing sector growth, outlook, and future prospects
• Next Generation Leadership and the Changing Workforce
        Focus:
  • Leadership best practices, effective collaborative decision-making
  • Employee engagement with diverse, multi-generational, multi-cultural and multinational workforces
  • Skills gap, education, apprenticeships and attracting tomorrow’s workforce
• Sustainability
        Focus:
  • Financial and competitive benefits of sustainability leadership
  • Emphasis on social and corporate responsibility
• Transformative Technologies
        Focus:
  • Big Data and predictive analytics
  • Internet of Things / Industrial Internet / Industry 4.0
  • Cybersecurity

The council’s annual Critical Issues Agenda is the result of a unique member-driven process that identifies the most urgent and important issues facing the global manufacturing industry in the year ahead. It is based on extensive consultation with more than 100 senior executive members of the Manufacturing Leadership Council and Board of Governors.

The new Critical Issues Agenda also establishes the Manufacturing Leadership Council’s strategic plan for the year, directly influencing all major elements of the Council’s product and services portfolio over the next twelve months.

For more details of the new Critical Issues Agenda, please visit: http://bit.ly/1tmjSxn.

For information about the Manufacturing Leadership Council visit: www.MLCouncil.com.

About the Manufacturing Leadership Council
The Manufacturing Leadership Council at 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 offers 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 of almost 7,000 members around the world; the Manufacturing Leadership Council, an invitation-only executive organization of over 120 members; the annual Manufacturing Leadership Summit; the Manufacturing Leadership Awards, celebrating industry achievement; and the thought-leading Manufacturing Leadership Journal. For more information, please visitwww.MLCouncil.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. 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

Contact:
Ariel Brown
Corporate Communications – North America
P: 210.247.2481
F: 210.348.1003
Ariel.Brown@frost.com

www.frost.com

UBM buys Seatrade Communications to enhance Maritime industry offering

LONDON  /PRNewswire/ — UBM, owner and organiser of Cruise Shipping Miami, Marintec China, Sea Japan, and other events serving the Cruise and General Maritime industries worldwide, today announces its acquisition of Seatrade Communications Ltd.

Photo – http://photos.prnewswire.com/prnh/20140731/132233

Seatrade is recognised as a brand leader in the global business to business maritime industries. The company’s Cruise sector events include Seatrade Latin America Cruise Convention and Seatrade Middle East Cruise Forum, supported by Seatrade Cruise Review and the online portal Seatrade Insider. General Maritime events include Sea Asia in Singapore and Seatrade Middle East Maritime in Dubai, supported by the online Seatrade Global portal and Seatrade Magazine. In the Offshore Marine space it organises Seatrade Offshore Marine and Workboats Middle East in Abu Dhabi.

UBM and Seatrade have a long history of successful partnership on various maritime events worldwide. This acquisition brings together the two leading portfolios in this sector, serving to simplify the events landscape for customers and industry stakeholders alike.

Seatrade has been led by its Executive Chairman and owner Chris Hayman since 2003. Chris will remain with the business as Chairman, ensuring continuity of relationships, content and strategic guidance. The business will remain headquartered in Colchester, UK, with its offices in Dubai, Singapore and China continuing to drive growth in these regions.

Michael Duck, UBM’s Global Maritime Director and Executive Vice President of UBM Asia said:

“We have enjoyed a successful partnership with Seatrade for many years, and are delighted to now bring UBM and Seatrade together as one business to better serve our community of customers, delegates and readers across the maritime world. The unified portfolio and management structure will create a simplified, coherent and stronger global offering for our clients. From both a company and personal perspective, I am delighted that Chris Hayman – who is widely known and respected throughout the maritime industry – will be staying with the business. We look forward to working with him and the world class teams at both UBM and Seatrade over the coming years.”

Chris Hayman, Seatrade’s Chairman and owner, said:

“Seatrade’s strategy of developing high quality events and global intelligence for the general shipping, offshore marine and cruise sectors, fits well with UBM’s world class events in these fields. We look forward to working with them to expand our combined global reach, and to provide the kind of content which is so critical to success in these dynamic industry sectors.”

 

Contacts
Mike Tan, Senior Vice President, UBM Asia	T: +852-2585-6120 E: mike.tan@ubm.com
Peter Bancroft, Director of Communications, UBM plc	T: +44-(0)-20-7921-5961 E: communications@ubm.com

Source: UBM plc

Related stocks: LSE:UBM OTC-PINK:UBMPY

NetComm Wireless Wins ACOMM Awards for Innovation for Third Consecutive Year

SYDNEY, July 31, 2014 /PRNewswire/ —

NetComm Wireless Limited (ASX: NTC) was named winner of two 2014 ACOMM Awards at the Communications Alliance and Communications Day (ACOMMS) Awards Dinner last night in Sydney. NetComm Wireless is the first company to win the new Vendor Innovation (Emerging) award, and was presented with the Innovation (SME) award for the third consecutive year.

“Being recognised for an ACOMMS Award is the highest accolade that a company in the communications industry can receive, and it is an honour to have won two categories in the name of technological innovation. We are grateful to receive such notable acclaim for our ongoing achievements in the fast evolving global M2M space and will continue to build on our successes to develop innovative solutions for our partners,” said Ken Sheridan, CFO and Executive Director, NetComm Wireless.

The Innovation (SME) award was presented to NetComm Wireless for its 3G Smart Meter Module, a highly adaptable wireless communications module that demonstrated seamless integration and network compatibility as the intelligence component of one of the world’s largest smart meter rollouts. The new Vendor Innovation (Emerging) award recognises the significance of NetComm Wireless’ ‘Light Industrial’ product series in providing businesses across all global industry sectors with simple and economical wireless Machine-to-Machine (M2M) capabilities.

The 2014 ACOMM Awards Dinner held on Wednesday 30th July, 2014, was attended by over 450 industry leaders to recognise excellence in the communications industry and celebrate the year’s outstanding achievements in the areas of innovation, competition and growth. The annual event highlights exceptional suppliers, rewarding and profiling companies that have excelled within the industry.

NetComm Wireless’ two 2014 ACOMM Award wins come after winning three categories of the 2014 Australian Business Awards:  Australian Business Award for Innovation; Product Innovation and Best Industrial Product.

About Communications Alliance

Communications Alliance was formed in 2006 to provide a unified voice for the Australian communications industry and to lead it into the next generation of converging networks, technologies and services. Communications Alliance offers a forum for the industry to make coherent and constructive contributions to policy development and debate. By providing leadership on new trends and directions, Communications Alliance fulfils a vital unifying role on behalf of the industry and its members, particularly in areas of competition, innovation and industry development. The prime mission of Communications Alliance is to promote the growth of the Australian communications industry and the protection of consumer interests by fostering the highest standards of business ethics and behaviour through industry self-governance.
www.commsalliance.com.au

About Communications Day Australasia

Communications Day Australasia is Australia and New New Zealand’s most respected source of daily telecom industry news and commentary. First published in 1994, it has published nearly 4000 issues and in that time has stacked up independent awards from the likes of the Australian Telecommunications Users Group, Service Providers Action Network (now Communications Alliance) and MediaConnect Australia. It is also regularly cited as a reference in government and industry reports.

About NetComm Wireless Limited

NetComm Wireless Limited (ASX: NTC) is a leading developer of innovative broadband products sold globally to telecommunications carriers, core network providers and system integrators. For 32 years NetComm has developed a portfolio of world first data communication products, and is arespected global providerof 3G and 4G wireless devices servicing the major telecommunications carrier, Machine-to-Machine (M2M) and Rural Broadband markets. NetComm’s products are designed to meet the growing needs of today’s diverse home, business and industrial broadband applications and designed to optimise the performance of global network advancements. Headquartered in Sydney, Australia, NetComm has offices in the US, Canada, UK, New Zealand, the Middle Eastand Japan. For more information about NetComm visit: www.netcommwireless.com

Source: NetComm Wireless Limited

Related stocks: Australia:NTC

Frost & Sullivan: Budget Stabilisation and Renewed Spending to Revive Global Military Training and Simulation Market

-Merger and acquisition activity, product portfolio diversification and augmented training solutions key to remain competitive

LONDON /PRNewswire/ — The global military training and simulation (T&S) market has been witnessing a downtrend, as a result primarily due to the sequestration on the United States Department of Defence budget since early 2013. As the US accounts for 68.4 percent of the total military T&S market, its progressive decline has led to an overall negative compound annual growth rate of 0.6 percent at the global level for 2013-2022. Fleet renewal has also slowed down across Western European countries owing to financial constraints.

New analysis from Frost & Sullivan, Global Military Training and Simulation (T&S) Market Assessment, finds that military T&S market revenues are expected to fall slightly from $6.74 billion in 2013 to $6.36 billion in 2022 as the consequence of defence expenditures unsteadiness .

However, defence budgets in the US and Europe are expected to stabilise from 2018 onwards. Military spending and arms races across the Eastern regions, comprising the Middle East, Central Asia and Asia-Pacific, are also expected to increase. These factors will ensure that military T&S market revenues for air, land and naval forces remain steady over the next 10 years. Revenues will be fuelled mainly by the demand for training equipment as training service opportunities will remain relatively restricted in these regions.

“The Western regions, on the other hand, will show a higher demand for military training services as end users prefer outsourcing some or most of their training requirements in the face of stretched budgets as well as decreasing facility and maintenance expenditure,” said Frost & Sullivan Aerospace & Defence Industry  Analyst Alix Leboulanger. “This trend will take the cumulative market size of military training services up to $19.57 billionfor the 2013–2022 period.”

The need for comprehensive military T&S solutions will also rise in Asia-Pacific, Latin America and the Middle East. These regions are investing in defence assets and forces, looking to replace fighters, and boosting their maritime defence. Transitioning regions are keen to acquire new, high-end technology systems as well, with notably a growing interest in connected and distributed training. Their on-going modernisation programmes and need to deter any potential foreign aggression will further improve the prospects of military T&S market participants.

“Price is an essential parameter being increasingly considered by market participants, since end users are highly sensitive to both simulation and training equipment lifecycle management costs,” observed Leboulanger. “Newcomers from emerging markets are bringing down training equipment prices and commercial companies are leveraging their IT expertise to gain market exposure. This has made leading military T&S providers face an incredibly competitive market.”

To cope with those struggles, traditional suppliers could engage in merger and acquisition activity, diversify their product portfolio and service offerings, and in addition focus on augmented training solutions that seem to be stimulating end-user interest. These measures will also help suppliers in the global military T&S market tap the revenue opportunities that emerge over the next 15 years due to armed forces’ evolution and reorganisation.

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

Global Military Training and Simulation (T&S) Market Assessment is part of the Defence(http://www.defense.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Military Naval Vessels and Support in Service Market Assessment, Global Military Fixed-wing Aircraft, and 2013 Global Military Land Vehicles Market Insight. 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
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Global Military Training and Simulation (T&S) Market Assessment

MA06-16

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

http://www.frost.com

Source: Frost & Sullivan

Design to Innovation (DTOI) Introduces World’s First Wireless Scanner Mouse

HONG KONG, July 31, 2014 /PRNewswire/ — Design to Innovation (DTOI) today announced it is launching an Indiegogo (#indiegogo) campaign to help complete the development of Zcan Wireless, the world’s first wireless scanner mouse. A scanner integrated into a wireless mouse, Zcan represents a new and unique way of scanning documents, books, magazines, and more, by allowing users to easily swipe in a zigzag motion across what they want to capture. The campaign has a funding goal of $30,000USD.

Zcan Wireless can scan the portions of the areas users want, meaning they no longer have to scan the entire page like they would with a traditional scanner. Users can scan anything from a receipt, a recipe to photos and nutritional information printed in a foreign language. Scanned information becomes searchable, meaning users can get rid of their paper versions and box files with backup copies.

“Our Wireless Scanner Mouse is about the same size and weight as a regular mouse,” said Sam Ng, business development director, DTOI. “And with Wi-Fi, users can install it on almost any device including iPad and iPhone!”

Features:

Scan to Table – Zcan supports powerful scanning and editing features which can convert an entire table into one single sheet in Excel.
Scan to Text – Use Zcan to edit scanned text, which is much faster than typing it entirely from scratch.
Break Down Language Barrier – Zcan supports over 199 OCR (Optical Character Recognition) languages. With an Internet connection to Google Translate, drag the scanned paragraph into the dialogue box where it is then translated into a different language instantly. It even reads you the paragraph.
Evernote – Zcan helps to track things like notes, letters or any important notices and store them in Evernote with just one click.
Photos – Zcan allows users to share any scans with family or friends instantly through Facebook, Twitter, Flickr or email.
Specifications – Sensor: Optical sensor 1000cpi / Buttons: 3 + Dedicated Scan / Resolution: Up to 400dpi / Scan size: Up to A3 (Upon memory configuration)/ USB Port: 2.0 / Wireless Scanning: IEEE802.11n, g / Wireless Mouse: 2.4GHz Digital Channel.
Press Contacts:

Venus Wong
DTOI
venuswong@systechele.com
+852-2199-5321
Terence Kam
DTOI
terencekam@systechele.com
+852-2199-5316
Logo – http://photos.prnasia.com/prnh/20140730/8521404256LOGO

Banco Bradesco 1H14 Results

SAO PAULO /PRNewswire/ — The main figures obtained by Bradesco in the first half of 2014 are presented below:

1. The Adjusted Net Income⁽¹⁾ for the first half of 2014 stood at R$ 7.277 billion (an increase of 22.9% compared to the Adjusted Net Income of R$ 5.921 billion recorded in the same period in 2013), which is equivalent to R$ 3.23 per share, and returns of 20.7% on the Adjusted Average Equity⁽²⁾.
2. Adjusted Net Income is composed of R$ 5.165 billion from financial activities, representing 71.0% of the total, and
   R$ 2.112 billion from insurance, pension plan and capitalization bond operations, which together accounted for 29.0%.
3. Bradesco’s market capitalization on June 30, 2014 was R$ 134.861 billion⁽³⁾, up 8.1% compared to June 30, 2013.
4. Total Assets stood at R$ 931.132 billion in June 2014, up 3.8% over June 2013. Return on Average Assets was 1.6%.
5. In June 2014, the Expanded Loan Portfolio⁽⁴⁾ reached R$ 435.231 billion, up 8.1% over June 2013. Operations with individuals totaled R$ 135.068 billion (up 9.6% over June 2013), while operations with companies totaled R$ 300.163 billion (up 7.5% over June 2013).
6. Assets under Management stood at R$ 1.305 trillion, up 5.8% over June 2013.
7. Shareholders’ Equity stood at R$ 76.800 billion in June 2014, up 16.3% on June 2013. The Capital Adequacy Ratio stood at 15.8% in June 2014, 12.1% of which was classified as Common Equity/Tier I.
8. Interest on Shareholders’ Equity relative to the first half of 2014 was paid and recorded in provision to shareholders, in the amount of R$ 2.396 billion,being R$ 0.497 billion in monthly installments and R$ 1,899 billion recorded in provision.
9. The Interest Earning Portion of the Net Interest Income stood at R$ 22.805 billion, up 8.2% compared to the first half of 2013.
10. The Delinquency Ratio over 90 days dropped 0.2 p.p. in the last 12 months and stood at 3.5% on June 30, 2014 (3.7% on June 30, 2013).
11. Efficiency Ratio (ER)⁽⁵⁾ in June 2014 was 40.9% (41.8% in June 2013), whereas the adjusted-torisk ratio stood at 50.0% (52.6% in June 2013). It is worth mentioning that, in the second quarter of 2014, we recorded the best quarterly ER (38.6%) in the past 5 years.
12. Insurance Written Premiums, Pension Plan Contributions and Capitalization Bond Income totaled R$ 25.442 billion in the first half of 2014, up 5.2% over the same period in 2013. Technical Reserves stood atR$ 142.731 billion, up 8.3% compared to June 2013.
13. Investments in infrastructure, information technology and telecommunications amounted to R$ 2.211 billionin the first half of 2014.
14. Taxes and contributions, including social security, paid or recorded in provision, amounted to R$ 14.116 billion, of which R$ 5.156 billion referred to taxes withheld and collected from third parties, and R$ 8.960 billion from Bradesco Organization activities, equivalent to 123.1% of the Adjusted Net Income⁽¹⁾.
15. Bradesco has an extensive customer service network in Brazil, with 4,680 Branches and 3,497 Service Branches – PAs. Customers can also use any of 1,175 PAEs – ATMs (Automatic Teller Machines), 48,186 Bradesco Expresso service points, 31,509 Bradesco Dia & Noite ATMs and 16,103 Banco24Horas ATMs across the country.
16. Payroll, plus charges and benefits, totaled R$ 5.651 billion. Social benefits provided to the 99,027 employees of the Bradesco Organization and their dependents amounted to R$ 1.401 billion, while investments in training and development programs totaled R$ 53,581 million.
17. In May 2014, Bradesco BBI participated as one of the coordinators and joint bookrunners of a securitization transaction for Ford Motor Credit Company in the U.S., involving a US$ 1.04 billion transaction; this is the second time Bradesco BBI participates in funding operations for the U.S. automaker.
18. In May 2014, Banco Bradesco and Banco do Brasil, via its subsidiary Companhia Brasileira de Solucoes e Servicos (“CBSS”), created the company LIVELO S.A. (“LIVELO”). The coalition loyalty program allows customers to accumulate and redeem points from multiple partners. The effective deployment of operations is conditioned to due compliance with applicable legal and regulatory formalities.
19. In July 2014, Banco Bradesco signed a new “Tecban Shareholders’ Agreement”, including the main Brazilian retail banks, covering the consolidation of external ATM networks by the Banco24Horas ATM Network within a fouryear term, ultimately enhancing the efficiency and quality/reach of customer services rendered. The effectiveness of such Shareholders’ Agreement is subject to preceding conditions, including due approval from competent regulatory entities.
20. In July 2014, Bradesco entered into a strategic partnership with IBM Brazil, which will take over the operational structure and all maintenance and support contracts entered between Scopus Servicos, an Organization Bradesco company, and its other customers.
21. Major Awards and Acknowledgments in the period:

• For the third consecutive year, Bradesco was named “Best Brazilian Bank” by Euromoney Awards for Excellence. In addition Bradesco BBI was chosen as best Brazilian Investment Bank (Euromoney magazine);
• Among financial institutions, Bradesco led the ranking of most valuable brands in Brazil (IstoE Dinheiro magazine and BrandAnalytics/Milward Brown Optimor consulting firm); and
• Stood out as the only Brazilian bank ranked among the “Best Companies to Work for in Latin America” for the second consecutive year, under the “Companies with over 500 employees” category (Great Place to Work consulting firm).

The Bradesco Organization fully complies with best global sustainability and corporate governance practices, particularly: Global Compact, PRI (Principles for Responsible Investment), Equator Principles, Carbon Disclosure Project and Green Protocol. Our sustainability actions, strategies and guidelines are guided by best corporate governance practices. The Organization’s main activities focus on banking inclusion, social and environmental variables for loan approvals and product offerings, based on social and environmental aspects. Regarding responsible management and engagement with stakeholders, we highlight activities geared towards valuing professionals, improving the workplace, client relations, managing suppliers and adopting environmental management practices. We also highlight the Organization’s role in Brazilian society as one of its leading social investors, supporting education, environment, culture and athletic programs.

With its 57-year history of extensive social and educational work, Fundacao Bradesco has been a stalwart supporter of such programs, and operates 40 schools across Brazil. In 2014, an estimated budget of R$ 523.434 million will benefit approximately 105,672 students in its schools, in Basic Education (from Kindergarten to High School and Vocational Training at the High School level), Education for Youth and Adults, and Preliminary and Continuing Qualification focused on the creation of jobs and generation of income.

(1) According to the non-recurring events described on page 8 of this Report on Economic and Financial Analysis; (2) Excludes mark-to-market effect of Securities Available for Sale recorded under Shareholders’ Equity; (3) Number of shares (excluding treasury shares) multiplied by the closing price for common and preferred shares on the last trading day of the period; (4) Includes sureties and guarantees, letters of credit, advances of credit card receivables, co-obligations in loan assignments (receivables-backed investment funds and mortgage-backed receivables), co-obligations in rural loan assignments and operations bearing credit risk – commercial portfolio, which includes debentures and promissory notes; and (5) In the last 12 months.

Source: Banco Bradesco S.A.