Archive for October 9th, 2014
Pentair Commissions State-of-the-Art Pressure Relief Valve Steam Testing Facility in China
-New facility designed to meet strict ASME industry standards and certifications
SHANGHAI, Sept. 30, 2014 /PRNewswire/ — Pentair Valves & Controls has commissioned a new pressure relief valve testing facility to help meet Asia’s growing need for pressure relief systems in critical applications for the power generation, oil and gas, process, and petrochemical industries.
The new steam test facility expands Pentair’s current China-based manufacturing, assembly, sales, start-up, maintenance, and repair capabilities with the addition of testing services for Pentair’s highly regarded Crosby and Anderson Greenwood branded pressure management solutions.
“Pentair Valves & Controls is focused on expanding the company’s presence where our customers are based, particularly in high growth regions such as China and other Asian countries. Expanding our capabilities in such regions is key to our overall growth strategy,” said Chris Stevens, President of Pentair Valves & Controls.
“This important investment in China is part of our ongoing commitment to bring our global valves and controls technology, products and solutions closer to our customers in Asia and around the world. Pentair understands and is committed to meeting the growing demand for pressure management solutions that enable safe and reliable operations that are vital to Asia’s growing industries,” said Stevens.
The new pressure relief valve testing facility was designed to meet the strict requirements of the American Society of Mechanical Engineers (ASME) Boiler and Pressure Vessel Code Section I for testing and capacity certification. ASME standards and codes are used in over 100 countries to ensure the safety and efficiency of boilers and pressure vessels.
Pentair’s steam testing facility can also meet the most demanding engineering requirements for valves used in supercritical boiler applications for power plants running at pressures at of 3100 PSIG and higher.
The new facility significantly expands Pentair’s capabilities while offering customers in the power industry and other demanding markets in China and across Asia something unique — a one-stop source of locally manufactured and tested ASME Section I pressure relief valves.
“This new investment in China is part of our growth strategy to offer our proven pressure management solutions to customers in the region. Our local teams are well equipped and trained to provide pressure management products and services from manufacture to delivery and beyond,” said Calogero Di Gesu, Vice President for Pressure Management Products at Pentair Valves & Controls.
Pentair Valves & Controls’ extensive China footprint now includes three factories, three service centers and more than 1,000 qualified engineers and specialists across the country. Its parent, Pentair Plc, has an even larger presence, totaling six manufacturing facilities across China and more than 2,500 people.
ABOUT PENTAIR PLC
Pentair plc (www.pentair.com) delivers industry-leading products, services and solutions for its customers’ diverse needs in water and other fluids, thermal management and equipment protection. With 2013 revenues of US$7.5 billion, Pentair employs approximately 30,000 people worldwide.
ABOUT PENTAIR VALVES & CONTROLS
Pentair’s Valves & Controls business is a world leading manufacturer of valves, actuators and controls for the most challenging applications throughout oil and gas, power, mining, chemical, food and beverage and building and construction industries. Through its portfolio of trusted brands, Pentair Valves & Controls provides market-leading products, services and solutions that bring vital infrastructure to local communities around the globe. With a strong global presence, technological know-how and engineering expertise, Pentair Valves & Controls enables customers to keep their operations running safely, minimize downtime and enhance lifecycle performance. Key brands include Anderson Greenwood, Biffi, Crosby, Fasani, Keystone, Narvik-Yarway, Raimondi, Sempell, Vanessa and Westlock. For more information on Pentair Valves & Controls, visit http://valves.pentair.com/valves/.
MEDIA CONTACTS
Bruce Evans — Pentair Valves & Controls (Asia Pacific)
Tel: +61 2 4448 0473
Email: bruce.evans@pentair.com
Brian Paterson — EBA Communications (Asia Pacific)
Tel: +852 2122 9762
Email: brian.paterson@ebacomms.com
Source: Pentair
New 3 Level Premium Entertainment Destination, Love Nightlife.SkyBar.Rooftop Pool
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PHUKET, Thailand, Oct. 7, 2014 /PRNewswire/ — 3 exciting venues, 1 amazing location – the ultimate day and night entertainment destination! The highly anticipated launch of Love Nightlife.SkyBar.Rooftop Pool will open on Floor 3 + Rooftop of Jungceylon Shopping Centre in Patong, Phuket, Thailand during November 2014.
The premier venue, owned by Australian ‘the Love group’, will house 3 incredible floors of entertainment:
- Love Nightlife — A 800 capacity luxury nightlife venue on Floor 3 featuring a 7 night themed event calendar with interactive performances, VIP Bottle Service, in demand DJ’s, and high profile entertainment brand partners all situated underneath a glass bottom pool ceiling. Love Nightlife is the ultimate clubbing destination for 5 star experiences!
- Love Rooftop Pool — A 450 capacity nautical themed open-air rooftop space radiating premium beach club glamour! Featuring VIP Booths situated around the glass bottom pool, live entertainment, incredible skyline views and 5 star service; the Love Rooftop Pool brings chilled out beach vibes to the inner city urban bustle of Patong with style.
- Love SkyBar — A 50 capacity mezzanine sky platform presenting a jewel in the crown style VIP experience. Featuring panoramic views of Phuket and a custom LED island bar, the SkyBar is the go-to place for private functions, tourists or just to watch the stunning sunset over Patong Beach.
The new Phuket venue will be the second premium addition for ‘the Love group’, who already own and operate a successful ‘Love Nightlife’ venue on the Gold Coast, Queensland, Australia.
Alexis Fenton, Global Marketing Director for ‘the Love group’, believes the strong growth of Phuket’s tourism and nightlife industry makes this expansion a natural choice. “South East Asia and in particular Phuket, Thailand is fast becoming a go-to place not only for relaxation and shopping, but also for a westernized style of nightlife. Global brands are popping up everywhere and the introduction of our successful business model infused with Thai influence, will allow Love Nightlife.SkyBar.Rooftop Pool to bring a new level of entertainment to a city demanding the biggest and best parties.”
Love Nightlife.SkyBar.Rooftop Pool will be accepting pre-bookings for Private Events and VIP Bottle Service prior to opening. Please enquire at VIP@lovenightlife.com.
For any questions regarding this release, please contact
Alexis Fenton (Global Marketing Director)
Mobile: +61 [0] 413 918 417
alexis@lovenightlife.com
Logo – http://photos.prnasia.com/prnh/20141006/8521405799logo
BioXcel to Present ‘The World Data Impact on Pharma R&D Strategy’ at Phacilitate Big Data Leaders’ Forum 2014 in Washington D.C.
BRANFORD, Conn. /PRNewswire/ — BioXcel Corporation, a pioneer in Pharma Big Data analytics solutions, today announced that Dr. Vimal Mehta, CEO and Chairman of BioXcel, will present at the 2014 Phacilitate Big Data Leaders’ Forum with AstraZeneca. The presentation will take place on October 8th, 2014 at 3:05 pm ET at the Marriott Marquis in Washington D.C. The conference will feature several keynote presentations discussing the strategic drivers of big data in fostering innovation for drug discovery and development.
BioXcel’s presentation, in collaboration with AstraZeneca, will provide a unique perspective on the challenges of World Data complexity, the adoption and implementation of big data analytics, and opportunities for value creation in pharma R&D productivity. The presentation will showcase the real-life impact of big data with case studies and discuss key trends and game changers in the space.
“Big Data in the biopharmaceutical sector is now a strategic and operational issue for stakeholders. The disruptive nature of World Data is causing a power shift in the healthcare ecosystem with the emergence of iHealth players,” said Dr. Vimal Mehta. He added, “To address unmet patient needs, a strategic shift towards the integration of World Data, including behavioral, physiological, biological (genomic/genetic), clinical and patient outcomes across an organization must be implemented for the next wave of innovation.”
Attendees who wish to meet with Dr. Mehta for a one-on-one meeting during the conference should contact:vmehta@bioxcel.com, or call: +1-(203)-606-8041.
Please visit the conference website for the agenda (http://www.bigdataleadersforum.com/files/phacilitate_big_data_leaders_forum_2014__draft_agenda_01.10.pdf) and further details (http://www.bigdataleadersforum.com).
About BioXcel Corporation
BioXcel is a pioneer in pharma big data analytics solutions. Committed to innovation, product excellence and partner success, BioXcel has worked with over one hundred clients ranging from the world’s largest pharmaceutical to emerging biotechnology companies on mandates covering major core therapeutic areas, orphan diseases, oncology & immuno-oncology, and repurposing & reformulation opportunities. BioXcel’s unique live, first-in-class cloud based pharma big data analytics platform, PharmGPS™ revolutionizes decision making by structuring disparate data to meta-data through the application of multivariate frameworks thereby producing real time actionable insights. With experience spanning over 1 million man hours of analytics, BioXcel helps bridge the innovation to commercialization gap via its subscription based platform, product blueprint partnerships and consulting service capabilities. The Company serves a global client base and is headquartered in Branford, CT, USA with operations in Asia. Visit www.bioxcel.com for more details. Connect with PharmGPS on Twitter:@PharmGPS.
Logo – http://photos.prnasia.com/prnh/20141008/8521405841LOGO
New Opportunities Emerge in Global PPE Market, Product Differentiation Crucial to Success
MOUNTAIN VIEW, California /PRNewswire/ — As most personal protective equipment (PPE) markets in developed countries are mature, PPE manufacturers are targeting developing economies, taking into account, product and service differentiation that suits the specific needs of each market. Robust differentiation strategies are particularly important in developing economies, which look for unique products from global manufacturers, especially in segments such as above-the-neck protection. In segments like protective gloves and fall protection, developing economies expect manufacturers to compete mainly on price.
Differentiation strategies are important in developing economies, which look for unique products from global manufacturers, especially in segments such as above-the-neck protection.
New analysis from Frost & Sullivan, Is There a Need for PPE Product Differentiation for Developing Economies?, finds that Latin America (LATAM) ranked highest in PPE market revenues amongst developing economies in 2013, followed by China, Russia, Asia-Pacific, the Gulf Cooperation Council (GCC) and India. The study covers gas detectors, above-the-neck protection, protective gloves, respiratory protection, work wear and protective clothing, protective footwear and fall protection.
For complimentary access to more information on this research, please visit: http://bit.ly/1vHtaSU.
“Rising safety consciousness, greater end-user adherence to safety standards, and globalization of industrial sectors are key drivers for the PPE market in developing economies,” said Frost & Sullivan Chemicals, Materials & Food Senior Research Analyst Aparna Balasubramanian. “While demand generated from increasing compliance rates, infrastructure growth, better awareness, and shifting manufacturing bases will drive PPE volume growth, price growth is expected to come from the rising market penetration of higher-priced products offered by global companies.”
However, PPE manufacturers must overcome lax regulatory enforcement and dominance of private-labeled and generic local products in some developing economies to effectively tap the market.
“Ultimately, the success of any product differentiation strategy depends on whether the product aligns with customer requirements and expectations in the target market,” concluded Balasubramanian. “Although key market expectations or product selection criteria are applicable worldwide, the order of importance of these criteria varies between developed and developing economies.”
By entering developing economies, top PPE manufacturers can fuel global brand growth, take advantage of large untapped potential, and exploit the opportunity to meet needs for sophisticated products. Large PPE manufacturers have already invested in locations such as Russia, Central and Eastern Europe, GCC, Africa, LATAM and India. Their product differentiation strategy for each country varies to cover parameters including technological sophistication, product design, fashion and style, material and performance.
Is There a Need for PPE Product Differentiation for Developing Economies? is part of the Chemicals & Materials Growth Partnership Service program. Frost & Sullivan’s related studies include: Personal Protective Equipment in Marine Transportation, Analysis of the Global Mining Industry PPE Market, Strategic Analysis of the North American Above-the-neck Personal Protective Equipment Market, and Analysis of the Americas Oil and Gas Personal Protective Equipment Market. 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 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
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Is There a Need for PPE Product Differentiation for Developing Economies?
NE63-39
Contact:
Ariel Brown
Corporate Communications – North America
P: +1 (210) 247.2481
F: +1 (210) 348.1003
E: ariel.brown@frost.com
Frost & Sullivan Acknowledges Atlas Copco’s Market Leadership Born of its Technical Expertise and Proactive Service Culture
LONDON /PRNewswire/ — Based on its recent analysis of the service partnership for compressors market, Frost & Sullivan recognizes Atlas Copco with the 2014 Europe Frost & Sullivan Company of the Year Award. Atlas Copco’s sustained success is largely a result of its wide service portfolio, direct approach to the market, focus on ensuring significant reductions in the total life cycle costs, and establishment of long-term partnerships with customers.
The company’s holistic service value proposition allows it to cater to the diverse requirements of customers across end-user industries. It has a separate service division, with more than 4,000 service technicians across more than 180 countries. This global presence assists Atlas Copco in fostering close relations with each customer, further enhancing its already solid brand value.
The strong customer relationships and an effective feedback mechanism alert Atlas Copco to the latest and most urgent customer requirements, such as the need for quick provisioning of spare parts and a first-time fix. In response to such information, the company has opened new distribution centres and altered its sales and service process to ensure that its customers have the best possible service experience.
“Atlas Copco has placed considerable emphasis on shortening the ‘time to competence’ of a new service technician,” said Frost & Sullivan Research Analyst Niranjan Paul. “Its service personnel are extremely knowledgeable and can conduct necessary maintenance and repair activities in a timely manner, which is a vital advantage in end-user industries.”
Atlas Copco sets itself apart from the competition in the aftermarket segment by offering an unparalleled purchase experience. After a sale or installation, the company establishes a service agreement that helps forge long-term partnerships with the customer. The service agreement facilitates the continuous monitoring of the installed compressors, which offers the service team the data required to proactively perform the required maintenance activities. This also ensures that customers do not have to keep track of the installed compressors and can focus on their core business activities instead.
Atlas Copco also strives to enhance customer experience by diminishing the total cost of ownership of a compressor, rather than merely reducing the maintenance costs and purchase price. Its energy and air consultant engineers conduct energy audits to identify potential areas of energy savings. It then implements energy-saving solutions that minimise energy and operational costs, which translate to a reduction in the total life cycle costs.
“The company’s energy recovery unit stokes greater efficiency of the compressed air system,” observed Paul. “Additionally, the incorporation of advanced control systems enables the company to maximize energy savings at the customer’s facilities.”
Overall, Atlas Copco’s belief that the aftermarket segment can serve as a key differentiator in Europe and boost company profitability is expected to drive its expansion efforts in the European compressor services market.
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in devising a strong growth strategy and robustly implementing it. The recipient has shown strength in terms of innovation in products and technologies, leadership in customer value as well as speed in response to market needs. In short, the award looks at the emerging market players in the industry and recognizes their best practices that are positioned for future growth excellence.
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 Atlas Copco
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and service focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2013, Atlas Copco had revenues of BSEK 84 (BEUR 9.7) and more than 40 000 employees. Learn more at www.atlascopco.com.
Atlas Copco’s Compressor Technique business area provides industrial compressors, vacuum solutions, gas and process compressors and expanders, air and gas treatment equipment and air management systems. The business area has a global service network and innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium,Germany, the United States, China and India.
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
Subscribe: Newsletter on “the next big thing”
Register: Gain access to visionary innovation
Contact:
Melanie Parkinson
Best Practices, Frost & Sullivan
E: melanie.parkinson@frost.com
P: +44 (0) 207 915 7867
T: @MelanieFrostBPA
W: www.awards.frost.com
Peter Leemans
Atlas Copco
E: peter.leemans@be.atlascopco.comailto:
P: +32 (0)3 450 6123
W: www.atlascopco.com
QuEST Global Chairman and CEO Ajit Prabhu Wins the Outstanding Entrepreneur Award for 2014
SINGAPORE /PRNewswire/ —
QuEST Global Chairman and CEO Ajit Prabhu was bestowed with the Outstanding Entrepreneur Award for 2014, by the Singapore Indian Chamber of Commerce and Industry (SICCI) on Friday, September 26, 2014. SingaporePrime Minister, the Honorable Mr Lee Hsein Loong, presented the award during the 90th anniversary dinner of SICCI at Singapore. Mrs Babita Prabhu collected the award on behalf of her husband as Ajit Prabhu was on business travel and could not attend the event in person.
(Logo: http://photos.prnewswire.com/prnh/20141008/709622 )
Addressing the entrepreneurs and the gathering, the Prime Minister encouraged Indian businesses in Singapore to take advantage of India’s growth and the good relations existing between both the countries.
Launched in 2004, the SICCI-DBS Singapore Indian Entrepreneur Awards are presented annually by SICCI to recognize outstanding Indian entrepreneurs and to serve as a motivation for budding Indian entrepreneurs. Winners were selected by an eminent panel chaired by Mr Inderjit Singh, Member of Parliament and Entrepreneur, and comprising of judges from the private and public sectors of Singapore.
The award process includes assessment of an elaborate nomination based on company objectives, strategy set to meet the objectives and main contribution of the nominee to these, financial performance, products & services, leadership ability, entrepreneur resilience, innovation, management, social responsibility, to mention a few. Following this there was an interview with RSM Lio Chim, the Knowledge Advisor for the awards and the panel of judges.
Talking about the award Ajit said, “I am very glad to have received this award from SICCI. QuEST crossed $250min sales employing today over 4,800 globally from a humble beginning in 2007. To succeed in today’s business, companies must have the ability to attract talent globally and learn to nurture them. Businesses must also learn to act swiftly as the world around us is changing quite rapidly. I would also like to take this opportunity to express my gratitude to EDB and SICCI here in Singapore for providing us a platform to be nimble.”
About QuEST Global Engineering
QuEST Global is a pure play engineering solutions company with a proven track record of over 17 years that serves the product lifecycle needs of high technology companies with a 4,500 strong global workforce. A pioneer in offshore product development engineering, QuEST Global is one of the largest engineering service providers that cater to diversified verticals. With its local-global model, QuEST Global combines physical proximity to the customer providing domain knowledge and ease of interaction, along with delivery from low cost locations that also provides easy resource ramp-up.
For more information visit: http://engineering.quest-global.com.
Contact
QuEST Global
Sweta Patra
E-mail: sweta.patra@quest-global.com
Phone: +91-080-670-90000
SSH Communications Security Launches Secure Shell HealthCheck
WALTHAM, Massachusetts and NUREMBERG, Germany /PRNewswire/ — A wave of new regulations is making Secure Shell key management a top priority for major financial institutions, enterprises and government agencies, and fines for failed audits can be significant. Today, SSH Communications Security unveiled Secure Shell HealthCheck™ (http://www.ssh.com/healthcheck), its new governance, risk and compliance (GRC) service for the data center, at this year’s IT-SA Conference in Nuremberg.
Photo – http://photos.prnewswire.com/prnh/20141007/150622
Logo – http://photos.prnewswire.com/prnh/20140821/138334
This new service offering discovers major risk and compliance violations related to management, configuration and access controls over Secure Shell in data center environments, leading to reduced risk of failed audits and cybersecurity breaches from hackers or malicious insiders.
The service enables compliance with regulations and industry standards and helps remediate Secure Shell key mismanagement by:
- Providing a full analysis of the Secure Shell environment including trust maps, SSH key locations, separation of duties plus ten other significant risk areas
- Delivering deep dive analysis and recommended actions
- Enabling high-level visualization and risk management reporting for CISOs
- Providing compliance analysis across multiple mandates, including PCI-DSS, BASEL III and NIST
SUPPORTING QUOTES:
Christian Kress, general manager, DACH, SSH Communications Security, said:
“Too few companies are fully aware of the risks associated with lax Secure Shell key management. Secure Shell HealthCheck provides organizations with a complete view into their Secure Shell environments and a detailed assessment of security and compliance risks impacting their data centers. When production servers are accessible with unknown keys and where access to those servers violates policy — a common scenario we encounter — the risks to the business are evident.”
Kalle Jaaskelainen, vice president, product management and services, SSH Communications Security, said:
“At many enterprises there is a lack of awareness of the role Secure Shell plays in critical day-to-day operations. Secure Shell key-based authentications can easily outnumber many other logins within the data center. While companies have implemented access controls and management procedures for employee login and external facing web applications, even basic security controls like key size, strength and type, rotation and de-provisioning are not part of the IT regimen for data center access controls. Our Secure Shell HealthCheck service provides the actionable information needed to improve security and access controls.”
About SSH Communications Security
SSH Communications Security is the market leader in developing advanced security solutions that enable, monitor and manage encrypted networks. Over 3,000 customers across the globe trust the company’s encryption, access control and encrypted channel monitoring solutions to meet complex compliance requirements, improve their security posture and save on operational costs. SSH Communications Security is headquartered in Helsinki and has offices in the Americas, Europe and Asia. The company’s shares (SSH1V) are quoted on the NASDAQ OMX Helsinki.
For more information on SSH Communications Security, please visit www.ssh.com.
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Corporate Contact: |
Media Contact: |
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Jason Thompson |
Peggy Tierney Galvin |
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SSH Communications Security |
Nadel Phelan, Inc. |
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+206-617-7701 |
+831-440-2405 |
Related stocks: Helsinki:SSH1V
TransRe Supports Development Of China’s (Re)insurance Industry
NEW YORK /PRNewswire/ — TransRe is grateful for the support of the China Insurance Regulatory Commission (CIRC), Insurance Institute of China (IIC), Shanghai Insurance Institute (SII), Shanghai Insurance Association (SIA) and School of Insurance of Shanghai Finance University (SISFU) in helping to ensure the success of a series of recent steps that TransRe has taken to increase its involvement and support for the local (re)insurance industry. Captured in a Memorandum of Understanding between TransRe, SII and SIA, these steps include sponsoring the development and maintenance of the Shanghai regional CAT database – Map of Shanghai Flood Exposure, creating and supporting 10 undergraduate scholarships at SISFU, and co-hosting an annual forum.
The recent publication of ‘Opinions of the State Council On Accelerating The Development Of A Modern Insurance Industry’ is a significant event, which made the timing and focus of the first TransRe sponsored forum particularly well timed. At the First International Catastrophe Risks Forum, TransRe was honored to host Mr Wei Yingning, former Deputy Chairman of CIRC, Chairman of China’s Association of Actuaries and Chairman of China Insurance Security Fund Co., Ltd., to deliver the key-note address, and Mr Jin Xingming, Vice Secretary General of Shanghai Municipal Government, for his speech on accelerating the establishment of regional catastrophe insurance schemes in China.
In addition to TransRe experts, who covered international government involvement in property catastrophe schemes, data modelling and capital market involvement in (re)insurance, the Forum included speeches from the Commissioner of CIRC Shanghai Bureau, the Commissioner of CIRC Hainan Bureau, both the Deputy Chairman and the Deputy Secretary General of IIC, the Chairwoman of SII, the Deputy General Manager of PICC, the Director of China Insurance and Social Security Research Center of Fudan University, the Deputy General Manager of China Property and Casualty Reinsurance Company, the Director of Compliance of China Pacific Property Insurance Company, and the Shanghai General Manager of Sompo Japan Nipponkoa Insurance (China) Co., Ltd. The forum received significant local print and television coverage due to its important contribution to a major new government initiative, as demonstrated by the participation of such senior local industry figures.
About TransRe
TransRe is the brand name for Transatlantic Holdings, Inc. and its subsidiaries (including Transatlantic Reinsurance Company). TransRe, wholly owned by Alleghany Corporation (NYSE-Y), is a reinsurance organization headquartered in New York with operations worldwide. Since 1978, TransRe has been offering its clients the capacity, expertise and creativity necessary to structure programs across the full spectrum of property and casualty risks. Visit www.transre.com for additional information.
For further information, please contact:
James D Whitelaw
+1-415-399-5904
Juicy Couture to Launch in India
HONG KONG /PRNewswire/ — Authentic Brands Group, LLC. (ABG), a leading global brand development and licensing company, has announced an exclusive agreement with Reliance Brands Limited (Reliance), a part of Reliance Industries Group to bring globally renowned, casual luxury lifestyle brand, Juicy Couture to India in Fall 2015.
“This is an exciting milestone for Juicy Couture as India represents a new and emerging fashion market for the brand,” said Jamie Salter, Chairman and CEO of Authentic Brands Group. “Reliance Brands has exceptional operational and market knowledge and our partnership with them will allow us to drive a comprehensive, multi-dimensional strategy to bring Juicy Couture to new international markets.”
Reliance Brands Limited, a premier Indian distributor, which focuses on the premium to luxury segments of the fashion business, has brought a number of top fashion brands to the region since its inception in 2007, including Brooks Brothers, Diesel, Ermenegildo Zegna, Paul&Shark, Kenneth Cole, Steve Madden and more. Juicy Couture is internationally recognized by consumers for its unique, LA-inspired style and will compliment Reliance’s existing stable of brands.
Commenting on the partnership, Mr. Darshan Mehta, President & CEO, Reliance Brands Limited. said, “Authentic Brands Group has an outstanding portfolio of world renowned brands and we are looking forward to working with their expert brand and business development teams. Juicy Couture enjoys a very strong recall and connect among fashion forward Indian customers and we are very thrilled to add this glamorous and fun brand to our prominent affordable luxury portfolio.”
The partnership is looking to launch 20 Juicy Couture mono brand stores in India during the first five year phase, starting in Fall 2015. Through this strategic partnership, Reliance will offer the full Juicy Couture lifestyle collection, which includes apparel in the categories of women’s and girl’s, handbags, footwear, intimates, swimwear, fragrance, accessories and jewelry.
In addition to Juicy Couture brick and mortar locations, Indian fashion lovers will be able to immerse themselves in the LA heritage and attitude of the brand at JuicyCouture.com, the cultural hub for all that is Juicy.
“Juicy Couture is strong and thriving globally and we are excited to hit the ground running with the support of Reliance’s highly capable team,” said Nick Woodhouse, President and CMO of Authentic Brands Group. “Together, we are committed to building upon Juicy Couture’s powerful, contemporary roots and bringing the rich LA heritage of the brand to Indian consumers.”
ABOUT JUICY COUTURE:
Juicy Couture is a glamorous, irreverent, and fun lifestyle brand for the decidedly fashionable, bringing LA style and attitude to girls all over the world. Embracing its Los Angeles heritage, Juicy discovers the couture in the every day, and delivers an element of surprise in all of its designs. The global phenomenon is identified as a casual luxury brand, offering apparel in the categories of women, girls and baby, handbags, shoes, intimates, swimwear, fragrance, accessories and jewelry.
Juicy Couture Black Label collection is available in approximately 200 Juicy Couture stores, Juicy Couture outlet stores and select department stores in approximately 60 countries throughout North America, Europe, Asia, Latin America, Africa and the Middle East. For updates and more information, please visit JuicyCouture.com. Follow Juicy Couture on Facebook, Twitter, Tumblr, Pinterest, Instagram and blog, The Juicy.
Juicy Couture is a trademark owned by ABG Juicy Couture, LLC.
About Authentic Brands Group, LLC:
Authentic Brands Group, in partnership with Leonard Green & Partners, is an intellectual property corporation with a mandate to acquire, manage and build long-term value in prominent consumer brands. Headquartered in New York City, ABG’s mission is to further enhance brand equity through partnering with best-in-class licensees and direct-to-retail partnerships. ABG brands include Marilyn Monroe®, Mini Marilyn™, Muhammad Ali®, Elvis Presley®, Juicy Couture®, Judith Leiber®, Adrienne Vittadini®, Taryn Rose®, Hickey Freeman®, Hart Schaffner Marx®, Palm Beach®, Misook®, Prince®, Spyder®, Airwalk®, Above The Rim®, Vision Street Wear®, Hind®, Ektelon®, Viking®, Bobby Jones®, TapouT®, Sportcraft®. www.abg-nyc.com.
About Reliance Brands Limited:
Reliance Brands Limited is part of the Reliance Industries Group. The Company began operations in October 2007with a mandate to launch and build international and domestic brand equity in the premium to luxury segment across apparel, footwear and lifestyle business. Its current portfolio of brand partnerships comprises of BROOKS BROTHERS, DIESEL, ERMENEGILDO ZEGNA, HAMLEYS, ICONIX, BCBG MAX AZRIA, KENNETH COLE, PAUL & SHARK, QUIKSILVER, ROXY, DC, STEVE MADDEN, THOMAS PINK, REISS, SUPERDRY, DUNE AND STUART WEITZMAN.
For further information please contact:
Artemis Associates:
Silke Marsh
Tel: +852-2861-3274
Email: silke.marsh@artemisassociates.com
Authentic Brands Group:
Haley Steinberg
Phone: 646.612.7439
Email: hsteinberg@abg-nyc.com
NetComm Wireless Announces Appointment of Jim Berridge as Executive Vice President, Strategic Accounts, U.S.
SYDNEY, Oct. 7, 2014 /PRNewswire/ — NetComm Wireless Limited (ASX: NTC) is pleased to announce the appointment of Jim Berridge to the position of Executive Vice President, Strategic Accounts, U.S. Based in Atlanta, Jim will be responsible for driving business development activities and building strategic partnerships.
This new role builds on the strategic priorities announced at NetComm Wireless’ U.S. roadshow in May this year and will focus on addressing customer requirements in key markets including rural broadband and wireless Machine-to-Machine (M2M) as leading carriers accelerate plans to extend wireless coverage to customers in the rural and regional sections of the country.
Having held a number of senior sales, product and operations positions within the wireless communications industry over the past 25 years, Jim brings a significant depth of knowledge and experience to the role.
David Stewart, CEO and Managing Director, NetComm Wireless, said: “Jim’s industry experience and wireless expertise will be invaluable at a time when the Company anticipates significant demand for wireless broadband technologies that are proven to deliver cost-effective coverage across vast geographies. Jim will be a great asset to NetComm Wireless as we focus on strengthening our position in the U.S market in partnership with leading wireless carriers.”
Jim Berridge said: “NetComm Wireless is on the leading edge of wireless innovation, combining a clear strategy with increased investment in R&D to achieve a remarkable transformation and I am pleased to assume a position that will deliver superior wireless broadband capabilities to the U.S. market while creating a solid foundation for growth.”
Prior to joining NetComm Wireless, Jim was Senior Vice President of Sales for Personal Communications Devices, managing the AT&T Mobility account. Jim also served as Vice President of Sales and Marketing for Pantech; Vice President of Business Development for GoTV Networks and held a variety of senior sales, marketing and business development roles at Nokia.
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
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