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Groupe Renault Announces Third Consecutive Year of Sales Growth

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PARIS  /PRNewswire/ —

  • In 2015, Group registrations increased by 3.3% and achieved a new record of 2,800,242 vehicles
  • In Europe, the Group registers another year of growth with market share exceeding 10%
  • The Renault brand retained its leadership position in LCV in Europe for the 18th consecutive year
  • Despite the slump in the Russian and Brazilian markets, the Group maintained its international positions
  • The success of new products in 2015, the many planned launches and the expansion of activities internationally will all support the ambition to grow in 2016.

INCREASE IN WORLDWIDE SALES

In 2015, Groupe Renault’s PC+LCV worldwide registrations saw a further rise of 3.3% for a total of 2.8 million vehicles, in a market that grew by 1.6%. This third consecutive year of growth in registrations allowed the Group to set a new sales record. The Group’s worldwide market share now stands at 3.2%. The Renault brand remains the number one French brand in the world and Dacia has set a new sales record.

(Logo: http://photos.prnewswire.com/prnh/20160117/322920LOGO )

The Group continues to benefit from the momentum of the European automotive market (+9,4%) and realised a 10.2% increase in registrations to 1,613,499 vehicles, for a market share of 10.1%. Renault is the leader in the electric vehicle market here and, for the 18th consecutive year, is the leader in the LCV market.

Outside Europe, despite the economic crises in Russia and Latin America, the Group held steady and recorded market share gains in the Africa, Middle East and India and Eurasia regions.

Thierry Koskas, Groupe Renault Executive Vice President, Sales and Marketing, announced: 2015 marksanother year of increased sales by Groupe Renault and we have beaten our previous sales record. Despite economic conditions that continue to vary from one region to another, our growth is constant and validates the geographic diversification strategy pursued these past years.”

NEW PRODUCTS DRIVE SUCCESS IN EUROPE

In Europe, Groupe Renault’s share of the PC+LCV market rose to 10.1%, with an increase in registrations of 10.2% for 1,613,499 vehicles. The Group increased sales in all countries in the region, with particularly strong performances in Spain (+22.3%), the United Kingdom (+17.7%) and Italy (+18%), with a record market share of 9.1%.

2015 marks another year of growth for the Renault brand. This was the fastest-growing brand in 2015. With 1,238,711 registrations (+12.3%), the Group’s market share reached 7.8% as compared with 7.6% in 2014 and 7.4% in 2013. Clio remains leader of sales, all segments combined.

In the PC market (+11.1% to 969 508 vehicles), Renault retained its leadership position in the urban vehicle market (segments A+B) thanks to the continuing success of the Clio and of the Captur, the leader in its segment with 194,703 registrations (23,7% of the segment).

Launches of 2015 drive strong customer demand: 49,016 Kadjars have already been sold and there were 20, 930 registrations for the New Espace, representing three times more than its previous version during the same period in 2014.

In LCV, the Renault brand retained its leadership position for the 18th consecutive year, with 269, 203 registrations (+16,9%), and recorded a 0.7 point increase in market share.

Ten years after its debut in Europe, the Dacia brand recorded further growth in its registrations in 2015 (+3.6%), and marked record sales of 374,458.

Renault is the leader in the European electric vehicle market. The Group’s sales are growing fast (+49%) to 23,086 vehicles, excluding Twizy. ZOE becomes leader in the PC market with 18,453 registrations over the year (+68%).

In France, Renault strengthened its position as the leading automotive brand and the Clio remained the most sold vehicle in the market for the sixth consecutive year. Clio, Captur, Twingo and Espace are leaders in their respective market segments. The Trafic, Master and Kangoo utility vehicles are also each at the top of their segments. ZOE held 60% of the electric PC market.

GROUPE RENAULT HELD STEADY AT THE INTERNATIONAL LEVEL

At the international level, despite an economic situation that varied by countries and regions, Groupe Renault was able to stabilise and even strengthen its positions.

In Eurasia, the Group’s market share increased by 1.6 points to 11.9%, in particular due to the Group’s momentum in Turkey (+21.7%), where a new sales record was set. This growth offset the consequences of the economic crisis in Russia, where the market slumped by more than 35% and Groupe Renault’s registrations fell by 38.1%. Market share stabilised at 7.5% as a policy of preserving margins is conducted.

In the Africa, Middle East and India region, Group registrations increased nearly 17%, for a market share of 4.5% (+0.7 points). The Group has more than one-third of the North African market. In Algeria, the Group saw a record market share (35.6%) with a significant 8.7 points gain, benefiting from the local manufacture of Symbol in Oran. In Morocco, where Dacia and Renault are the leading and second brands, respectively, registrations increased 11.5%. The Group’s market share was more than 38.2% (+1,2 point).

In Egypt, the second-largest market in Africa, its sales rose by 73.8% and its market share reached 7.5% (+3.4 points).

In India, Renault remains the leading European automotive brand with sales up by 20.1%. Kwid had a very promising start with more than 80,000 orders since its launch in September.

In the Americas (355,151 registrations, a decrease of 14.8%), the Group withstood the economic difficulties with a market share of 6.3% (-0.1 point). In Brazil, the Group’s second-largest market, market share increased by 0.2 points to an unprecedented level of 7.3%, in a market that contracted by 25.5%. In Argentina, the Group contained the decline in its registrations to -6.5%, thanks to the performance in the last quarter with a market share of 14.7% (12.7% over the full year). In Colombia, Renault set a new market share high of 18.6%, a rise of 2 points.

The Duster Oroch pick-up, launched at the tail end of the year, already ranks second in its segment in Brazil. Renault’s ramp-up in this segment, should bolster growth in the region during the coming months.

In Asia Pacific, the level of sales in Korea, the Group’s largest market in the region, stabilised following significant growth in 2014. In China, priority has been given to the preparation of the launch of the Chinese version of the Kadjar, the first vehicle locally produced by the Dongfeng Renault joint venture.

2016 SALES OUTLOOK FOR THE GROUPE RENAULT

In 2016, the global market is expected to record growth of 1 to 2% compared with 2015. The European market is also expected to increase by 2%, with a 2% increase also for France.

At the International level, the Brazilian and Russian markets are expected to decline further, by 6% and 12% respectively. On the contrary, China (+4 to 5%) and India (+8%) should pursue their momentum.

Against this backdrop, and with a particularly full product plan this year, Groupe Renault expects:

  • an acceleration in sales growth worldwide;
  • the strengthening of the Renault brand in Europe
  • an increase in each of its five regions.

Thierry Koskas confirmed “Building on the business momentum of the past three years, a product range largely updated in 2015 and 2016 and our expansion in India and China, our growth will accelerate in 2016 and we will improve our positions in all our regions”.

Group sales by region PC + LCV

Sales at end December*

2015

2014

% variation

France

607,173

577,606

5.1%

Europe** (hors France)

1,006,326

887,179

13.4%

Total France + Europe

1,613,499

1,464,785

10.2%

Africa Middle East India

359,858

307,927

16.9%

Eurasia

356,216

389,704

-8.6%

Americas

355,151

416,914

-14.8%

Asia Pacific

116,868

133,197

-12.3%

Total excluding France + Europe

1,188,093

1,247,742

-4.8%

World

2,801,592

2,712,527

3.3%

 

*

Sales

**

Europe = European Union, Iceland, Norway & Switzerland

 

Total sales per brand

Sales at end December*

2015

2014

% variation

RENAULT

PC

1,822,965

1,811,443

0.6%

LCV

347,679

307,582

13.0%

PC + LCV

2,170,644

2,119,025

2.4%

RENAULT SAMSUNG MOTORS

PC

80,028

82,123

-2.6%

DACIA

PC

511,510

474,623

7.8%

LCV

39,410

36,756

7.2%

PC + LCV

550,920

511,379

7.7%

GROUPE RENAULT

PC

2,414,503

2,368,189

2.0%

LCV

387,089

344,338

12.4%

PC + LCV

2,801,592

2,712,527

3.3%

 

Groupe Renault’s 15 main markets at end December 2015

Sales 2015*

PC+LCV 2015

(units)

(% )

1 FRANCE

607,173

26.4

2 BRAZIL

181,504

7.3

3 GERMANY

177,787

5.2

4 TURKEY

162,175

16.8

5 SPAIN

156,108

13.1

6 ITALY

154,730

9.1

7 UNITED KINGDOM

128,269

4.3

8 RUSSIA

120,411

7.5

9 ALGERIA

90,182

35.6

10 BELGIUM+LUXEMBURG

82,374

13.3

11 SOUTH KOREA

80,017

4.4

12 ARGENTINA

79,383

12.7

13 INDIA

53,848

1.7

14 IRAN

51,500

4.8

15 MOROCCO

50,369

38.2

*

Figures at end December 2015, excluding Twizy

 

Groupe Renault Top 5 best PC sales at end December 2015

Total

Renault

Dacia

RSM

Clio 4

372,062

372,062

Duster

331,238

168,900

162,338

Sandero 2

326,712

141,354

185,358

Logan 2

251,030

151,949

99,081

Captur/QM3

245,126

220,567

24,559

>>>> All figures in this document date to January, 12th, 2016.

Website: group.renault.com/en

Follow us at @Groupe_Renault

Source: Groupe Renault

Written by asiafreshnews

January 19, 2016 at 5:13 pm

Posted in Uncategorized

HCL Foundation Commits INR 100 Crores

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NOIDA, India /PRNewswire/ —

  • Launches HCL Grant to strengthen the NGOs
  • Felicitation of 6 shortlisted NGOs selected from a pool of over 400 NGOs across India
  • Winning NGO to receive a grant of INR 5 crores

HCL Foundation today launched HCL Grant, an initiative to support NGOs and individual social leaders who are implementing projects for upliftment and development of the country. A sum of INR 100 crores would be spent over the period of next 5 years through this initiative. In its first year, one winning NGO will receive a grant of INR 5 crores.

Six finalists from which the winning NGO would be selected were felicitated today. These finalists were selected from a pool of over 400 NGOs from across the country, through a rigorous selection process consisting of eminent jury members. Eminent Jury comprises:

  • Montek Singh Ahluwalia – Leading Economist
  • Pallavi Shroff – Eminent Legal Counsel, Shardul Amarchand Mangaldas & Co.
  • B.S. Baswan – Former Director, Indian Institute of Public Administration and former HRD secretary
  • Tom Miller – Chief Information Officer, Anthem Inc.
  • Robin Abrams – Former President of Palm Computing, and the longest serving Board member of HCL Technologies
  • Richard Lariviere – President, Field Museum, Chicago and Former President of the University of Oregon
  • Shiv Nadar – Founder and Chairman, HCL Corporation

The critical role that NGOs are playing in process of nation building initiatives makes them a powerful Fifth Estate working in tandem with the other four estates – Judicial, Legislature, Bureaucracy and Media. While in the first year HCL Grant is being given to one NGO in the education sector, in the subsequent years, NGOs and individual social leaders from the area of healthcare and ecosystem development would also be eligible to win individual Grants of INR 5 crore each.

Ms. Robin Abrams, Board Member, HCL Technologies and Chairperson of Jury, HCL Grant, said, “For a long time NGOs have been playing a role of plugging the gaps for a large population of India, who are vulnerable, in terms of education, health, and sometimes even basic amenities. What makes their role extremely important is that they represent the citizens of India and reach where perhaps other development activities do not. Through HCL Grant, our aim is to support NGOs by institutionalizing the processes and frameworks and also recognize contributors for the upliftment of India.”

We believe NGOs are equally important as much as the other four estates, especially in India which has a number of complex challenges at this point in time. Through HCL Grant we will be able to identify the right kind of NGOs, and institutionalize them through their capacity and capability building. Our support and regular assessments will help them move forward and achieve their mission in the long term,” says Ms Srimathi Shivashankar, Head, HCL Foundation.

The top six finalists selected are:

  1. Going to School: currently covers over 1,300 schools and is impacting 1,50,000 children every week with imperative life changing skills through their design-driven approach and learning material.
  2. Indian society of agribusiness professionals (ISAP): has contributed to enhancing livelihood opportunities for more than 150,000 farmer households, 4200 agri-preneurs, 8000 BPL youth, 15,000 women in 3500 villages, 250 blocks, 70 districts across India through their various initiatives in agriculture and skill development
  3. Prayatn Sanstha: Prayatn Sanstha’s ‘Quest for the dawn of change’ has motivated them to work towards pertinent issues of education, skill development, child labour etc with special focus on girl child and women.
  4. Social Work & Research Centre (commonly known as BAREFOOT COLLEGE): Over the past four decades, Barefoot College has been working in the field of education, skill development, women empowerment and energy solution with the objective of making the rural communities, located across the nation, self-sufficient and sustainable.
  5. Association for voluntary action (commonly known as Bachpan Bachao Andolan): Founded by Nobel Peace Laureate, Shri. Kailash Satyarthi, the organization, over the last three decades, has rescued over 84,800 trafficked children and ensured access to education for over 200,000 children in 392 villages across 12 states of India.
  6. Pardada Pardadi educational society (PPES): facilitating the creation of a socially and economically empowered rural society.

The winning NGO would be announced on January 18th at an event where leaders and dignitaries from various walks of life would be present.

Source: http://www.hcltech.com/press-releases/corporate/hcl-foundation-commits-inr-100-crores

Media Contact:

HCL Technologies
Ajay Davessar
Ajay.Davessar@hcl.com
+91-120-4382800

Source: HCL Technologies

Written by asiafreshnews

January 19, 2016 at 5:04 pm

Posted in Uncategorized

GlobeRanger Expands its Suite of Aviation RFID Offerings, Receiving FAA Letter of Operational Suitability

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-FAA Operational Suitability distinguishes the GlobeRanger Aviation RFID system as an RFID-based turn-key means of compliance encompassing multiple airborne and ground-based applications and airplane configuration management.

RICHARDSON, Texas/PRNewswire/ — GlobeRanger, a Fujitsu Company, has received a letter of Operational Suitability from the Federal Aviation Administration (FAA) AFS 300 Aircraft Maintenance Division for its “Next Generation” aviation RFID solution.

GlobeRanger Corp., a Fujitsu Company
GlobeRanger Corp., a Fujitsu Company

More than just a simple hardware and software solution, the GlobeRanger Aviation RFID system is a complete and “turn-key” supplemental aircraft maintenance program encompassing multiple RFID-based airborne and ground-based applications including;

  • Emergency Equipment Management
  • Rotables and Repairables Management
  • Aging Airframe Management
  • Tool Management including lockout / tagout

Coupled with its GR-AWARE software suite, the next generation RFID based system allows airlines to perform non-line-of-sight inspections of aircraft safety equipment and track aircraft assets such as rotable and repairable components through their entire lifecycle. On the ground, the GR-AWARE system is coupled with the operator’s Enterprise Resource Planning system to provide fleet-wide situational awareness which enables just-in-time management and forward deployment of replacement spares as well as continuous, “real-time” as-flying airplane configuration.

“This is not simply an inventory tracking system, it’s a supplemental aircraft maintenance program built for optimum airline operational efficiency,” said Monty Cook, Vice President GlobeRanger Business Development. “There are a few RFID systems out there today which can verify an asset’s presence and serviceability. But our system takes that to the next level by enabling airline operators to ‘replace’ current manual inspection procedures with our RFID based procedures contained within our supplemental maintenance program. This is an alternative means of performing aircraft maintenance,” said Cook.

“Receiving FAA Operational Suitability reflects on the Fujitsu-GlobeRanger team’s degree of technical due diligence it exercised to ensure the delivery and lifecycle management of its RFID based aviation solution. The aviation solution encompasses all aspects of maintenance operations from supply chain management to maintenance planning and execution and regulatory compliance,” said Phil Coop, Director GlobeRanger Aviation Solutions. This system ensures a virtually “hands-off” deployment and integration into an operator’s maintenance program which drastically reduces deployment lead time and cost typically associated with a “do-it-yourself” approach.

For more information about GlobeRanger’s next generation RFID and AIT offerings, visit our website athttp://www.globeranger.com or email marketing@globeranger.com.

About GlobeRanger

GlobeRanger is a leading technology provider of enterprise sensor, IoT and Edge Computing software, and offers robust end-to-end solutions and professional services. Its innovative iMotion™ IoT Edgeware™ Platform provides the critical infrastructure layer for managing devices, networks, data and processes at the edge of the enterprise, enabling real-time visibility and response. iMotion serves as the foundation for GlobeRanger and its partners to rapidly develop, deploy and manage edge solutions. Founded in 1999, GlobeRanger is a wholly owned Fujitsu company with headquarters in Richardson, Texas, and global support Centers of Excellence located inRichardson, London and Sydney.

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Logo – http://photos.prnasia.com/prnh/20160115/8521600290

Source: GlobeRanger

Written by asiafreshnews

January 19, 2016 at 4:26 pm

Posted in Uncategorized

Victor Petrik’s New Discovery – Experiments With Graphenes May Save Millions of Human Lives

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MOSCOW /PRNewswire/ — Investigations of graphene properties for their use as enterosorbents have been performed in S.M. Kirov Military Medicine Academy in Russia. The research has been carried out under the leadership of Kirsan – Petrik Laboratory of the Future transcorporation.

(Photo: http://photos.prnewswire.com/prnh/20160115/322677)

The investigations were performed on animals in the conditions of acute and rapidly growing renal disease, caused by surgical removal of both kidneys from the animals.

All surgical manipulations were executed with rats being in the state of ether anaesthesia, taking into account the standards as per the European convention for the protection of vertebrate animals used for experimental and other scientific purposes [Strasbourg, 18.03.1986].

It has been shown that on the background of growing uremic intoxication the oral administration of a graphene substance will double the survival rate of rats as compared to the reference group of animals, to which the substance was not administered.

Results of the research indicate that graphenes could become a basis for creating an affordable corrector of uremic intoxications arising in case of renal disease, diabetes and other diseases.

V. Petrik discovered the effect of stable state of graphene outside the graphite crystalline lattice as long ago as in 1996. The discovery was registered by the International Association of the Authors of Scientific Discoveries in 2001, Diploma No.163.

In 1998, V. Petrik, for the first time in the world, established an industrial production of graphenes with the method of cold destruction of graphite. The patents have been registered in 43 countries worldwide including the USA, e.g. US No.7,842,271 B2 dated 2004.

Initially, graphenes produced by V. Petrik were observed via the electronic spectroscopy method in the Institute of criminology of the Federal Security Service of Russia and in the Institute of spectroscopy of the Russian Academy of Sciences in 1997 and later in the University of California, Davis, University of California, Irvine.http://www.vpetrik.com/userfiles/docs/statya_engrus.pdf

V. Petrik first investigated graphenes for their use in medicine in 1997. In 1999, unique results for the use of graphenes in blood plasma purification were obtained in the Russian Cardiology Centre.

In 2000, research into the cicatrizing action of graphenes in case of burn and septic wounds was carried out in the Institute of Experimental Medicine, a federal state unitary enterprise, and in the Dzanelidze Research Institute of Emergency Medicine.

http://www.vpetrik.com/userfiles/docs/medics/medicine.rar

http://www.vpetrik.com/userfiles/docs/medics/toxicology.rar

Kirsan – Petrik Laboratory of the Future transnational corporation.

Press Service

Timofey Khrilev
phoenix.press.service@gmail.com
+7-499-346-35-11

Source: Kirsan – Petrik Laboratory of the Future transnational corporation

Written by asiafreshnews

January 19, 2016 at 4:24 pm

Posted in Uncategorized

Announcing the INCU II Incubator/Radiant Warmer Analyzer for Testing and Ensuring the Safety of Infant Incubators and Radiant Warmers

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EVERETT, Wash. /PRNewswire/ — An infant’s first days can be their most critical, which is why Fluke Biomedical developed the INCU™ II Incubator/Radiant Warmer Analyzer to provide the functionality biomedical technicians need to easily test and verify the performance and safety of infant incubators, transport incubators, and radiant warmers.

Photo – http://photos.prnewswire.com/prnh/20160113/322088
Photo – http://photos.prnewswire.com/prnh/20160113/322089
Logo – http://photos.prnewswire.com/prnh/20150304/179432LOGO

“At-risk infants can’t communicate that they’re uncomfortable – too hot or cold. That’s why it’s essential to verify infant incubators are performing according to manufacturers and industry standards,” explains Eric Conley, General Manager for Fluke Biomedical. “The INCU II is an all-in-one analyzer that supports IEC standards to accurately assess the environmental parameters of infant incubators and radiant warmers.”

Weighing just 3 pounds, the compact INCU II can simultaneously measure relative humidity, airflow, sound, and six independent temperature points. Its color-coded probes make it easy to switch between the sensors for testing temperature in an incubator or the five pucks for verifying the environment of a radiant warmer.

The large LCD screen of the INCU II displays real-time test results, along with pass/fail indicators. Once an incubator reaches a steady temperature, it takes just 15 minutes to conduct a sequence of tests, which can be customized and stored in the analyzer. Test data can then be sent and monitored from a computer, using a USB cable or the INCU II wirelessly*.

“The INCU II offers the portability and intuitive interface biomedical technicians’ desire with the advanced technologies to accurately test commonly available incubators and radiant warmers,” explains Ashton Solecki, INCU II Product Manager. “In addition, the INCU II comes with a placement pad that helps technicians learn how to correctly place the temperature sensors and pucks.”

Along with complying with the latest global industry standards, including IEC 60601-2-19 (incubator), IEC 60601-2-20 (transport incubator), and IEC 60601-2-21 (radiant warmer), the INCU II supports China sound standards (Class II).

The INCU II is the next generation INCU from Fluke Biomedical, and will be offered worldwide.

*Wireless capabilities will be available worldwide, starting January 26, 2016.

About Fluke Biomedical
Trusted for the measurements that matter.
Fluke Biomedical is the premier, global provider of test and measurement equipment and services to the healthcare industry. We serve biomedical engineers, quality-assurance technicians, medical physicists, oncologists and radiation-safety professionals and are continually expanding our range of solutions to a broader range of health and safety professionals. For more information, visit www.flukebiomedical.com.

For more information about Fluke Biomedical and Unfors RaySafe products, and request for photos please contact:
Julie Lary
Marketing Coordinator
(425) 446-6006
julie.lary@flukebiomedical.com

Source: Fluke Biomedical

Written by asiafreshnews

January 19, 2016 at 4:24 pm

Posted in Uncategorized

Revenue Growth of 2.3% Q-o-Q and 24.8% Y-o-Y in Dollar Terms; Recommends Interim Dividend and 1:1 Issue of Bonus Shares

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BANGALORE and WARREN, New Jersey /PRNewswire/ — Mindtree, a global technology services company, announced its consolidated results today for the third quarter ended December 31, 2015, as approved by its Board of Directors.

(Logo: http://photos.prnewswire.com/prnh/20140416/681203 )

“We saw good revenue growth in Q3 as we continue to strike the right chord with our clients. This broad-based result reflects the ongoing momentum of our key focus areas such as Digital and Managed Services. Those initiatives combined with our recent acquisitions and deal wins are creating a clear path to further our growth trajectory,” said Krishnakumar Natarajan, CEO & Managing Director, Mindtree.

Key financial highlights:

  • In USD terms:
    • Revenue at $184.4 million (growth of 2.3% q-o-q / 24.8% y-o-y). Constant currency revenue growth of 3% q-o-q
    • Net profit at $22.8 million (decline of 5.9% q-o-q / growth of 0.2% y-o-y)
  • In Rupee terms:
    • Revenue at INR 12,145 million (growth of 3.9% q-o-q / 33.2% y-o-y)
    • Net profit at INR 1,509 million (decline of 4.6% q-o-q / growth of 7.2% y-o-y)

Other highlights:

  • Clients:
    • 294 active clients as of December 31, 2015
  • Employees:
    • 16,243 employees as of December 31, 2015
    • Added 1,306 employees during the quarter on a gross basis
    • Trailing 12 months attrition is at 16%.
  • Multi-year and multi-million dollar wins with leading global clients

– Leading travel management company. For this existing client, Mindtree will provide application development and support services
– Global manufacturing and engineering company. Mindtree will provide infrastructure management services
– International financial institution. Mindtree will provide IT services in multiple areas

  • Awards and recognition:

– Mindtree named in the leadership zone in Zinnov’s Global Product Engineering Service Provider Ratings for the fourth time in a row
– Mindtree has won the “Best Corporate Governance – Technology – Asia – 2015″  by the Ethical Boardroom Corporation, for having exhibited exceptional leadership in the area of governance
Krishnakumar Natarajan, CEO & Managing Director, Mindtree has been named  among India’s Top 100 CEOs in an annual study conducted by Business Today and PwC
– Mindtree has been placed among the top ten BEST Award Winners by the Association for Talent Development for its innovative talent development initiatives

  • Issue of bonus shares:

– The Board of Directors at their meeting held on January 18, 2016 recommended an issue of bonus shares in the ratio of 1:1, i.e. one additional equity share for every existing equity share. This is subject to shareholders approval. Bonus shares will be credited to the shareholders after completion of statutory formalities and within the prescribed statutory timelines.  This is the second bonus shares issue in the last 2 years

  • Dividend announcement:

– The Board of Directors, at its meeting held on January 18, 2016 recommended an interim dividend of 40% (INR 4 per equity share of par value INR 10 each) for the quarter ended December 31, 2015

About Mindtree

Mindtree [NSE: MINDTREE] delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. “Born digital,” Mindtree takes an agile, collaborative approach to creating customized solutions across the digital value chain. At the same time, our deep expertise in infrastructure and applications management helps optimize your IT into a strategic asset. Whether you need to differentiate your company, reinvent business functions or accelerate revenue growth, we can get you there. Visit http://www.mindtree.com to learn more.

Safe harbour

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Visit us at http://www.mindtree.com. For more information, contact:

INDIA
Priyanka Waghre
Mindtree
+91 98867 29295
Priyanka.Waghre@mindtree.com

UNITED STATES
Andrea Dunbeck
Matter Communications
978-518-4555
adunbeck@matternow.com

EUROPE
Kiran Farooque
PPR Worldwide
+44 0 207 300 6181
Kiran.Farooque@pprww.com

Source: Mindtree
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January 19, 2016 at 4:13 pm

Posted in Uncategorized

LifeWatch Receives FDA Clearance for its Mobile Cardiac Telemetry 1-Lead Patch

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ZUG, Switzerland /PRNewswire/ — LifeWatch AG (SIX Swiss Exchange: LIFE), a leading developer and provider of medical solutions and remote diagnostic monitoring services to the digital health market, is pleased to announce that it has received U.S. Food and Drug Administration (FDA) 510k clearance for its internally-developed LifeWatch Mobile Cardiac Telemetry (MCT) Patch, a 1-lead ECG system.

The LifeWatch MCT 1-Lead Patch is the newest addition to LifeWatch’s cardiac diagnostic monitoring offering, and continues to build on LifeWatch’s commitment to becoming a truly global provider of remote diagnostic monitoring devices and services.

This latest clearance, when combined with the recently obtained CE mark, enables LifeWatch to provide patients in many parts of the globe with a new diagnostic monitoring patch alternative. The MCT 1-Lead Patch is capable of watching every heartbeat for adverse cardiac events and transmitting significant findings, in near real time, to a clinical service center for immediate follow-up. The MCT 1-Lead Patch technology is an easy to use, discrete and lightweight alternative to traditional recording and transmitting devices. It is significantly more comfortable for the patient and should therefore lead to an increase in the diagnostic yield as a result of improved patient compliance.

Dr. Stephan Rietiker, CEO of LifeWatch, stated: “I am very excited about this milestone which will now allow us to introduce our patch technology to a broader market. The FDA clearance represents yet another significant achievement for LifeWatch and further strengthens our position as an innovational leader in digital health.”

About LifeWatch AG:

LifeWatch AG, headquartered in Zug and listed on SIX Swiss Exchange (LIFE),
Switzerland, is a leading healthcare technology and solution company, specializing in advanced digital health systems and wireless remote diagnostic patient monitoring services. LifeWatch’s services provide physicians with critical information to determine appropriate treatment and thereby improve patient outcomes. LifeWatch AG has operative subsidiaries in the United States, in Switzerland and in Israel, and is the parent company of LifeWatch Services Inc., and LifeWatch Technologies, Ltd. LifeWatch Services, Inc. is a leading U.S.-based provider of cardiac monitoring services and home sleep testing of Obstructive Sleep Apnea (OSA). LifeWatch Technologies Ltd., based in Israel, is a leading developer and manufacturer of telemedicine products. For additional information, please visit http://www.lifewatch.com.

Sign up for customized e-mail alerts and documentation requests at
http://www.irlifewatch.com/alert-service.aspx

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding future results of operations and financial position, the business strategy, and plans and objectives for future operations, are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect” and similar expressions are intended to identify forward-looking statements. LifeWatch AG has based these forward-looking statements largely on current expectations and projections about future events and financial trends that it believes may affect the financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances described may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. All forward-looking statements are based only on data available to LifeWatch AG at the time of the issue of this press release. LifeWatch AG does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR PUBLICATIONS WITH A GENERAL
CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OF SECURITIES OF LIFEWATCH AG OR ANY OF ITS SUBSIDIARIES FOR SALE IN THE UNITED STATES, OR AN INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES OF LIFEWATCH AG OR ITS SUBSIDIARIES IN THE UNITED STATES. IN ADDITION, THE SECURITIES OF LIFEWATCH AG AND ITS SUBSIDIARIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT FROM REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS. ANY PUBLIC OFFERING OF SECURITIES TO BE MADE IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS THAT MAY BE OBTAINED FROM LIFEWATCH AG OR ITS SUBSIDIARIES, AS APPLICABLE, AND WILL CONTAIN DETAILED INFORMATION ABOUT THE ISSUER AND ITS MANAGEMENT AS WELL AS FINANCIAL STATEMENTS OF THE ISSUER.

For further questions:

LifeWatch AG
c/o Dynamics Group, Philippe Blangey / Doris Rudischhauser
Phone: +41-43-268-32-35 / +41-79-410-81-88
E-mail: investor-relations@lifewatch.com

Source: LifeWatch AG

Related stocks: Swiss:LIFE

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Written by asiafreshnews

January 19, 2016 at 4:11 pm

Posted in Uncategorized

The Center for Global Enterprise Releases First Global Platform Survey Valuing Platform-based Companies at $4.3 Trillion

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NEW YORK /PRNewswire/ — Worldwide platform companies have a market value of over US$4.3 trillion and employ millions directly and indirectly. This is the finding of the first survey of platform companies undertaken by The Center for Global Enterprise (CGE), a nonprofit research institution devoted to the study of the contemporary corporation. The report, The Rise of the Platform Enterprise: A Global Survey presents the results of a year-long research project in which leading scholars and experts from Africa, China, Europe, India and the U.S. collaborated to conduct the first comprehensive survey of major public and privately owned platform companies.

The research identified 176 platform companies worldwide with a market valuation of US$1 billion or more. Some platform companies have become household names, such as Amazon, Alibaba or Uber, but there are many others that are less known. The location and value of platform companies vary substantially across the world. Asia now has the largest number of leading platforms with 82, exceeding those in North America. Top hubs for platform formation and operations include San Francisco Bay Area, Beijing, London and New Delhi.

“The ability of platforms to better utilize houses, cars, workspaces among other assets has spawned considerable interest and passion around the potential of the so-called ‘share economy,'” said Peter C. Evans, VP of the Center for Global Enterprise and project leader of CGE’s “Emerging Platform Economy” research. “They are reshaping the contours of competition, innovation, and even global trade.”

“Growing platform competition explains the ‘platform anxiety’ that is being exhibited in Europe, which lags behindNorth America and Asia in platform formation and value capture,” said Annabelle Gawer, Professor of the Digital Economy at the University of Surrey.

“While platforms make important contributions to the economy, it is also critical to understand their implications. A platform like Uber has expanded to 67 countries in seven years; it took IBM 50 years to get there,” said Sam Palmisano, Founder and Chairman of the CGE and former CEO and Chairman of IBM.

The Platform Global Survey is accessible at www.thecge.net

About the Center for Global Enterprise (CGE):
The CGE is a nonprofit, nonpartisan research institution devoted to the study of global management best practices, the contemporary corporation, economic integration, and their impact on society.

Source: The Center for Global Enterprise
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January 19, 2016 at 3:39 pm

Posted in Uncategorized

Ecommerce Redefining Customer Experience in China, Says Epsilon Research

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-Research report ‘The Always-On Chinese Consumer’ finds keys to consumer engagement in a maturing, e-commerce driven market

HONG KONG /PRNewswire/ — Epsilon, the global leader in turning data-driven marketing into lasting relationships, has completed its second market research study on the habits of Chinese consumers. Epsilon’s report, “The Always-On Chinese Consumer,” examined how China’s consumers engage with brands across numerous touchpoints and channels. The data and analysis describe the detailed preferences of consumers who are active in exploring, understanding and affiliating with brands.

This Fall 2015 survey, with Epsilon probing Chinese consumer interactions with brands, factors for satisfaction with brands, and responses to good and bad brand experiences. The top trend: interactions with eCommerce sites have become so frequent and so satisfying, that Chinese consumers seem to be redefining their expectations of all brands relative to their eCommerce experiences.

The extent to which eCommerce sites have become integrated into daily life is revealed by responses about the brands consumers interact most with: in the top spot, Taobao (19%) and in third place, JD.com (12%). Interestingly, the second more interacted brand is Apple (13%): in Epsilon’s Spring 2015 loyalty survey, Apple was the brand to which the most Chinese consumers were loyal. Chinese consumers also reported that they interact regularly with an average of 3.4 different eCommerce brands, and that they consider “always available” as the top factor in brand satisfaction. One key takeaway the study offers for marketers: “Be available, be consistent, be fun.”

While eCommerce sites are influential in creating consumer expectations, they represent just one of the many touchpoints for brand interaction. The study found that consumers carry out relationships with their favorite brands across multiple channels. Vivien Deng, Director Client Services, China at Epsilon, says, “To achieve sustainable gains in the China market, brands need to offer enhanced consumer experience through the right channels. Chinese consumers want to feel a personal connection with their favorite brands on multiple levels.”

Those channels range from traditional ones including in-store, email, and website; to branded mobile apps and WeChat service accounts. The study found that channel usage varies by consumer segment and sector. Depending on the sector, a high income consumer might use as many as nine to twelve channels, mostly digital, in interacting with a favorite brand. For clothing, grocery, and appliances — or for luxury in Tier 2 cities — in-store is still the most important channel. Meanwhile, the company website, in both mobile and desktop versions, is still very important to consumers across sectors. Since each group differs in the way they use channels at different stages of the consumer journey — research, purchase, and post-purchase engagement — marketers need to have the data and insights to plan an effective channel strategy.

Epsilon also found that consumers in China are highly social in their responses to brand experience. Dominic Powers, Epsilon’s Executive Vice President and Managing Director, International, summarizes, “Chinese consumers, who browse and buy from world-class eCommerce companies all day and get up close to brands at shopping malls by night, expect easy access to products and terrific service. Yet they are very satisfied customers who are enthusiastic about engagement, and a phenomenal source of Word-of-Mouth.” According to the study, a positive brand experience would motivate 60% of consumers in China to share the good news in at least eightways: sharing with family and friends through social media and other channels; researching to learn more about the brand; opening more channels for contact — WeChat, mobile app, Weibo, email; and posting positive comments online. Based on the report findings, brands accustomed to more protective or private consumer cultures are urged to consider one-to-one marketing programs in China.

“The Always-On Chinese Consumer” highlights the importance of giving Chinese customers a sense of voice within their peer group: sixty-four percent of respondents picked “my friends also interact with the brand,” as a factor in brand satisfaction. Marketers who excel at creating campaigns that generate buzz, that invite consumers into a movement, and that invite customers to leave comments online, will do well in China.

Overall the report emphasizes the importance of creating, for the channels most important to each sector and segment, a presence that feels like a connection. One recommendation is that, rather than investing in every channel where your customers might encounter your brand, focus on using something fun, at the key touchpoints, to invite Chinese consumers to share, discuss, critique or rave.

For the full report “The Always-On Consumer,” click here.

About Epsilon

Epsilon is the global leader in creating connections between people and brands. An all-encompassing global marketing company, we harness the power of rich data, groundbreaking technologies, engaging creative and transformative ideas to get the results our clients require. Recognized by Ad Age as the #1 World CRM/Direct Marketing Network, #1 U.S. Digital-Agency Network and #1 U.S. Agency from All Disciplines, Epsilon employs over 7,000 associates in 70 offices worldwide. Epsilon is an Alliance Data company.

Epsilon International is an operating unit of Epsilon, with local offices in Australia, mainland China, Hong Kong,India, Japan, Singapore, U.K., France, Germany and Ireland. For more information, visit http://www.epsilon.com, follow us on Twitter @EpsilonAPAC or email to apac-info@epsilon.com.

Media Contact:

Rickie Hobbie
Epsilon
Rickie.hobbie@epsilon.com
+852-3589-0717

Source: Epsilon International
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January 19, 2016 at 3:23 pm

Posted in Uncategorized

MDT Announces PicoTesla Ultra-low Noise and Ultra-compact TMR Linear Magnetic Field Sensors

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-TMR Sensor Technology Achieves PicoTesla Ultra-low Noise, Ultra-high Sensitivity and Ultra-compact for High-precision Industrial or Biomedical Sensor Applications

SAN JOSE, Calif. and ZHANGJIAGANG, China /PRNewswire/ — MultiDimension Technology Co., Ltd. (MDT) announced TMR9001/TMR9002/TMR9003 series, a new lineup of high-performance Tunneling Magnetoresistance (TMR) linear magnetic field sensors with ultra-low noise around 150pT/rtHz at 1Hz, ultra-high sensitivity at 300mV/V/Oe in an ultra-compact SOP8 package.  They are best suited for high-end industrial sensor applications, biomedical sensor applications, and precision measurement of weak magnetic field or low current, metal object detection, non-destructive testing (NDT), magnetic communication, room temperature Magnetocardiography (MCG), etc. The TMR9001/TMR9002/TMR9003 sensors only dissipate 20 microWatt of power while operating under an applied voltage of 1V.

Experience the interactive Multimedia News Release here: http://www.multivu.com/players/English/7429652-mdt-tmr-magnetic-field-sensors/

Logo – http://photos.prnewswire.com/prnh/20120110/LA30781LOGO

“MDT’s new high-performance TMR magnetic sensors offer the lowest noise and highest sensitivity of all semiconductor-based magnetic sensors, including Hall Effect, AMR (Anisotropic Magnetoresistance) and GMR (Giant Magnetoresistance). The superior noise performance overtakes the best low-noise AMR magnetic sensor on the market, in the entire frequency spectrum. In the meantime, our new TMR sensors also set the industry record of the highest sensitivity, no need for Set/Reset function like an AMR sensor, allowing users to significantly reduce the complexity and cost of the front-end circuit.” said Dr. James G. Deak, CTO of MultiDimension Technology.

The TMR9001/TMR9002/TMR9003 series are in-plane TMR linear magnetic field sensors with most advanced sensitivity and low noise performance metrics in a compact form factor. Along with the existing TMR21xx series (large dynamic range), TMR25xx series (Z-axis sensing), TMR27xx series (high-sensitivity), and TMR29xx series (ultra-high sensitivity), MDT offers an all-inclusive product lineup of linear magnetic field sensors for a wide spectrum of industrial biomedical and commercial sensor applications, including precision measurement of weak magnetic field, current sensing, position and speed sensing, security monitoring, vehicle detection, e-compass, NDT, motor and fan control, magnetic communication, room temperature MCG and etc.

MDT is the first volume supplier of TMR sensors with multiple product portfolios. In addition to the TMR linear magnetic field sensors, MDT offers TMR magnetic switches, TMR angle sensors, TMR gear tooth sensors, and TMR magnetic image sensors. MDT also provides comprehensive service options including custom designs, foundry service, and IP licensing for TMR/GMR/AMR sensors.

About MDT

MultiDimension Technology was founded in 2010 in Zhangjiagang, Jiangsu Province, China, with branch offices inShanghai and San Jose, Calif., USA. MDT has developed a unique intellectual property portfolio, and state-of-the-art manufacturing capabilities that can support volume production of high-performance, low-cost TMR magnetic sensors to satisfy the most demanding application needs. Led by its core management team of elite experts and veterans in magnetic sensor technology and engineering services, MDT is committed to creating added value for its customers and ensuring their success. For more information about MDT please visit http://www.multidimensiontech.com.

Media Contacts
Jinfeng Liu, jinfeng.liu@multidimensiontech.com,
Tel: +1-650-275-2318 (US), +86-189-3612-1156 (China)
Jilie Wei, kevin.wei@multidimensiontech.com,
Tel: +86-189-3612-1160 (China)

Source: MultiDimension Technology

Written by asiafreshnews

January 19, 2016 at 2:55 pm

Posted in Uncategorized