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Victoza® significantly reduced the risk of major cardiovascular events and death in adults with type 2 diabetes in the LEADER trial

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NEW ORLEANS /PRNewswire/ —

This material is intended for global medical media only.

For journalistic assessment and preparation before publication.

Novo Nordisk today announced that Victoza® (liraglutide) significantly reduced the risk of the composite primary endpoint of cardiovascular (CV) death, non-fatal myocardial infarction (heart attack) or non-fatal stroke by 13% vs placebo (95% confidence interval [CI]: 0.78; 0.97, p=0.01), when added to standard of care in 9,340 adults with type 2 diabetes at high CV risk. The main results of the LEADER trial were presented today at the American Diabetes Association’s 76th Scientific Sessions (ADA 2016) and also published in the New England Journal of Medicine.[1],[2] Victoza® is the only approved GLP-1 receptor agonist to demonstrate a superior reduction of major CV events vs placebo, both on top of standard of care, in a cardiovascular outcomes trial.

There was a significant 22% reduction in cardiovascular death with Victoza® treatment vs placebo (95% CI: 0.66; 0.93, p=0.007) and reductions in non-fatal myocardial infarction (HR=0.88, 95% CI: 0.75; 1.03, p=0.11) and non-fatal stroke (HR=0.89, 95% CI: 0.72; 1.11, p=0.30).[1],[2]

“These findings are exciting, as it demonstrates that Victoza® can improve outcomes beyond glucose reduction and weight loss by helping to avoid cardiovascular complications and death in people with type 2 diabetes,” said DrJohn Buse, chairman of the LEADER Steering Committee and chief of Endocrinology and director of the Diabetes Care Centre at the University of North Carolina School of Medicine. “Type 2 diabetes treatments that can also reduce cardiovascular risk are important since cardiovascular disease is the leading cause of death worldwide in this patient population.”

All-cause death was significantly reduced by 15% with Victoza® compared to placebo (95% CI: 0.74; 0.97, p=0.02). The expanded CV endpoint was significantly reduced by 12% with Victoza® compared to placebo (95% CI: 0.81; 0.96, p=0.005). The expanded CV endpoint included the three components of the primary endpoint in addition to unstable angina leading to hospitalisation, coronary revascularisation and hospitalisation for heart failure.[1],[2]

From a mean baseline of 8.7% (both groups), there was a greater reduction in HbA1c with Victoza® vs placebo, both on top of standard of care, at three years (estimated treatment difference [ETD]: -0.40%, 95% CI: -0.45; -0.34). Weight loss was also sustained over three years with Victoza®treatment vs placebo (ETD: -2.3 kg, 95% CI: -2.5; -2.0). Mean baseline weight was 91.9 kg and 91.6 kg, respectively.[1],[2]

“We are very excited by the LEADER trial results that demonstrate a significant reduction in major cardiovascular events among type 2 diabetes patients treated with Victoza®, including all-cause death,” said Mads Krogsgaard Thomsen, executive vice president and chief science officer of Novo Nordisk. “For us, this marks the beginning of a new era where our R&D focus will go beyond glucose control.”

The proportion of adults experiencing adverse events was similar between the Victoza® and the placebo groups (62.3% vs 60.8, respectively). The most common adverse events leading to the discontinuation of Victoza® were gastrointestinal events. The incidence of pancreatitis was non-significantly lower in the Victoza® group than in the placebo group.[1],[2]


LEADER was a multicentre, international, randomised, double-blind, placebo-controlled trial investigating the long-term effects of Victoza® (liraglutide up to 1.8 mg) compared to placebo, both in addition to standard of care, in people with type 2 diabetes at high risk of major cardiovascular events. Standard of care was comprised of lifestyle modifications, glucose-lowering treatments and cardiovascular medications.

LEADER was initiated in September 2010 and randomised 9,340 people with type 2 diabetes from 32 countries that were followed for 3.5-5 years. The primary endpoint was the first occurrence of a composite cardiovascular outcome comprising cardiovascular death, non-fatal myocardial infarction or non-fatal stroke.[2]

About Victoza®

Victoza® (liraglutide) is a human glucagon-like peptide-1 (GLP-1) analogue with an amino acid sequence 97% similar to endogenous human GLP-1.

Victoza® was launched in the EU in 2009 and is commercially available in more than 85 countries, treating more than 1 million people with type 2 diabetes globally.[3],[4] In Europe, Victoza® is indicated for the treatment of adults with type 2 diabetes to achieve glycaemic control as monotherapy, when metformin is considered inappropriate, and in combination with oral glucose-lowering medicinal products and/or basal insulin when these, together with diet and exercise, do not provide adequate glycaemic control.[3] In the US, Victoza® was approved in 2010 as an adjunct to diet and exercise to improve blood glucose control in adults with type 2 diabetes.[5]

About Novo Nordisk

Novo Nordisk is a global healthcare company with more than 90 years of innovation and leadership in diabetes care. This heritage has given us experience and capabilities that also enable us to help people defeat other serious chronic conditions: haemophilia, growth disorders and obesity. Headquartered in Denmark, Novo Nordisk employs approximately 41,600 people in 75 countries and markets its products in more than 180 countries. For more information, visit, Facebook, Twitter, LinkedIn, YouTube
Further information:

Katrine Sperling

Ken Inchausti (US)


Peter Hugreffe Ankersen

Melanie Raouzeos

Kasper Veje (US)



1. Results of the liraglutide effect and action in diabetes – evaluation of cardiovascular outcome results (LEADER) trial. Symposium 3-CT-SY24 at the 76th Scientific Sessions of the American Diabetes Association (ADA). 13 June 2016.

2. Marso SP, Daniels GH, Brown-Frandsen K, et al. Liraglutide and cardiovascular outcomes in type 2 diabetes. New England Journal of Medicine. 2016; In Press. DOI: 10.1056/NEJMoa1603827.

3. EMA. Victoza® EU summary of product characteristics. April 2016. Available at: Last accessed: 11 June 2016.

4. Internal Calculations based on IMS Midas Quantum data. September 2015.

5. FDA. Victoza® US prescribing information. April 2016. Available at: Last accessed: June 2016.

Source: Novo Nordisk

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June 16, 2016 at 5:07 pm

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Castrol EDGE Introduces the Next Episode of its World Famous Titanium Trials With #CloneRival

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LONDON /PRNewswire/ —

Clone Rival: Supercar racers take on fastest driving trial yet.

Challenged on the track to beat their digital clone.

Castrol EDGE Titanium Trial: #CloneRival

  • Two world class-racing drivers meet their ultimate race track rivals… themselves.
  • Drivers trained virtually at Titanium Lab on a cutting-edge simulator to record their ‘Ultimate Lap’
  • Extreme driving challenge pushes drivers’ skill and performance to the limit to beat their ultimate digital clone on the real life race track.
  • Supercars Aston Martin Vulcan and Koenigsegg One:1 take on one of the most difficult racetracks in the world for the challenge, Spain’s iconic Ascari track, to mark the launch of Castrol EDGE SUPERCAR oil.
  • Previous Titanium Trials have been viewed and followed by more than 400 million people across the globe.
  • Neuroscientist Dr Jack Lewis observed the trial stages to break down the likely neurological behaviours of these high performance athletes as they operate under high pressure.

In Castrol EDGE’s latest Titanium Trial, two world-class drivers pushed their skills and nerve to the limit as they face the toughest competitor of their careers… their digital clone.

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This is the fourth Trial from the Castrol EDGE Titanium Trials series and involves two of the most iconic supercars in the world; the Koenigsegg One:1 and the track-only Aston Martin Vulcan. The aim of the pioneering challenge is to pursue the ultimate driving performance, showcasing man, machine and oil like never before.

Castrol EDGE worked with ground-breaking virtual reality experts REWIND to develop and customize one of the world’s best simulators to replicate the real race location; Spain’s notorious Ascari race track.

Combining acoustics and a cutting-edge tactile feedback system, the simulator provides the immersive feeling of the engine, road and body impacts. The supercars were analysed comprehensively, taking into account tyre size and weight, car aerodynamics, weather conditions and even down-force at varying speed, ensuring that the simulator experience was as close to the real thing as can possibly be achieved.

The two drivers each recorded 10 virtual sessions at the Titanium Lab in London, before data of their best performances were fused together, creating their ‘Ultimate Lap’.

Castrol EDGE teamed up with:

  • Danish Koenigsegg test driver Christoffer Nygaard to drive the One:1, which is one of only 6 in the world, delivering an astounding power-to-weight ratio, previously thought impossible for a road car.
  • British racing star and two times Le Mans winner, Darren Turner, who drove the all-carbon fibre Aston Martin Vulcan – one of only 24 such vehicles ever produced. Darren is one of only 7 people in the world that are trained to drive this supercar.

Boosted with Castrol EDGE in their engines, the supercar challenge took place at Spain’s Ascari race track. The 5.425km long track includes 25 demanding and technical turns, elevation, camber changes, and airborne opportunities ensure that this track is notoriously hard to memorise and master.

To watch our two supercar drivers take on the ultimate challenge visit:

Darren Turner in Aston Martin Vulcan :

Christoffer Nygaard in Koenigsegg One:1 :

The latest Titanium Trial was directed by the acclaimed “Jako” who has worked on action features including Fast & Furious, Gladiator and the Bond movies, including Spectre.

Under extreme pressure our drivers had to harness their skill and concentration to take on their Clone Rivals on the track. Throughout the high-speed lap their virtual competitors were visualised live via a state of the art heads-up display. It was an exceptionally close and high-octane challenge from the onset, but against all odds both drivers managed to beat their digital ‘Ultimate Lap’ on the very last nail-biting stretch of the race.

Describing his experience behind the wheel, Aston Martin Test Driver Darren Turner said: “Every aspect of the car and driver needs to be pushed to the limit when achieving the best lap times.  When you’re racing one of the world’s fastest supercars using Castrol EDGE it gives you the confidence you need to push yourself and your machine to the extreme. Beating my best performance by 1.1 seconds gave me an incredible rush.”

Koenigsegg Test Driver Christoffer Nygaard said: “I always knew that being confronted by my ultimate best potential was going to be a challenge. I pushed myself harder than I might against any other rival. Beating my digital clone, if only by a hairs breadth 0.8 of a second, was incredibly rewarding.”

Renowned Neuroscientist Dr Jack Lewis observed the Clone Rival Trial and commented: “Extra adrenaline on the real track was almost certainly what gave them the edge. Huge releases of this hormone acts as the ‘oil in their engines’, helping brain and muscles to speed up reflexes as our drivers get ‘in the zone’ and beat their ultimate lap for real.”

This Clone Rival Trial marks the launch of the latest pioneering and technologically advanced oil, Castrol EDGE SUPERCAR which provides the ultimate proof that Castrol EDGE oils are tested to perform.

For more information visit:

Source: Castrol EDGE

Written by asiafreshnews

June 16, 2016 at 5:00 pm

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Atkins launches new advisory business to help clients manage uncertainty and complexity in infrastructure delivery

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LONDON /PRNewswire/ —

Atkins today announces the launch of a new end-to-end advisory consulting business – Atkins Acuity – that will combine the company’s extensive engineering and master planning capability with new structuring, financing and project preparation expertise. This combination will support international finance institutions, governments, and large corporations through the delivery of engineering-led advisory solutions to target infrastructure development and funding opportunities around the world.

This is the first new business to be launched by Atkins, with an aspirational goal of generating approximately £200 million in revenues in around a four to five year period.

Atkins Acuity will initially focus on the Middle East, South East Asia and Africa markets across the core Atkins’ sectors of transportation, energy and infrastructure. Senior new hires have been made from organisations including McKinsey, KPMG, Arthur D Little, World Economic Forum, Standard Chartered Bank and the former executive director of the Philippines PPP Unit, adding structuring and financing skills to the deep technical engineering knowledge across the Atkins Group.

Uwe Krueger, Atkins’ chief executive officer, said:

“Atkins Acuity is a direct response to our client’s needs to deliver more rewarding and higher-value partnerships for infrastructure and energy investments. We believe Governments, corporates and financial institutions alike are frustrated at bottle-necks in programmes and a lack of delivery – the Atkins Acuity end-to-end advisory service is designed to help change that.”

The Atkins Acuity team combine skills such as financial structuring, economic and strategy consultancy, organisational development, operations improvement, programme management, and due diligence, with Atkins’ technical engineering expertise.

Dominic Harvey, chief executive officer of Atkins Acuity, said:

“By combining our engineering heritage with this broader offering of skill sets, our aim is to ensure upfront that projects are technically sound, properly structured and bankable in the international market. We’ll support our clients for the long term, building legacy capability to make sure their teams are fully functional and fit for the future.”

The new business will work with a range of clients including governmental institutions, civil authorities, IFIs, private investors, large corporates and funds. It has already secured new mandates in Turkey, Sri Lanka, Malawi, Kenya,Tanzania, Saudi Arabia and Abu Dhabi. In Sri Lanka the business is providing consultancy for the development of flood and drought risk mitigation investment plans and in east and southern Africa helping deliver sustainable energy for all through sector reform.


For more information:

Matt Graydon
Group PR director
Tel: +44 1372 752 088

Notes to editors:

Atkins ( is one of the world’s most respected design, engineering and project management consultancies, employing over 18,600 people across the UK, North America, Middle East, Asia Pacific and Europe. We build long term trusted partnerships to create a world where lives are enriched through the implementation of our ideas. You can view Atkins’ recent projects on our website.

Follow our story on:

Twitter | Facebook | LinkedIn | YouTube | Angles | Google+ | Pinterest | Slideshare

Source: Atkins

Written by asiafreshnews

June 16, 2016 at 4:49 pm

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Playground — The Social Network Connecting Sports to Everyone Globally

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-Bringing fans, enthusiasts and the world of sports together in a single digital platform, based on sports they follow or wish to discover

SINGAPORE /PRNewswire/ — The passion for sport knows no boundaries. Playground is the first social network that connects sports to everyone globally. Created for users to share their common passions and discover new sports, the platform addresses the diverse communications needs of the industry by giving everyone the chance to share their opinions and get real-time news and updates — all via an intuitive and easy-to-use app.

Playground - Your sports network
Playground – Your sports network

Playground users can join or create Tribes — user-generated groups based on common sporting interests. With over 195 sports listed, they can tailor a personal Playground experience for themselves based on the sports or recreational games they love, and begin connecting by sharing content and updates with other Tribe members.

Besides targeting fans and enthusiasts, Playground also caters to athletes, clubs, academies, events, media and brands, which can deliver greater engagement and value by setting up their own verified Tribes — in a time where social media and mobile technologies are rapidly transforming the sports industry.

“Playground is built on a robust foundation with enormous room to grow. In a world that is becoming more divided, we are driven by creating bonds and unlimited discovery — and sports makes this happen,” said Fabrice Burtin, Playground Founder and Chief Executive Officer. “Playground is the result of months of intensive research to ensure it answers the needs of sports lovers that are currently not met by existing cluttered social networks or online forums. The user’s digital experience today is extremely fragmented, and we know that a personalised digital platform is what they need. We are not telling anyone how to use Playground. There is no one way to use it.”

Simplicity is at the core of the company’s operations, and this value is translated in Playground’s design and functionalities. An intuitive user experience makes it easy for members to begin engaging immediately with sports they love and discovering new ones.

While currently in its early stage, the sports network has already seen an uptake by early adopters such as sports fan clubs, journalists looking to increase visibility for their work, sporting events and venues, and national sport associations. From this, Playground has been able to understand how initial users are interacting with the platform and unlocking multiple possible usages offered. Most recently, Playground was appointed Social Media Partner for the 13th Singapore Open Gymnastics Championships (SG Open), which welcomed a 691-strong international contingent of athletes.

“Playground has given us an avenue to create direct social connections and a channel for fans, participants, athletes and spectators of the SG Open 2016. The simple user interface allows us to interact more profoundly with our audience and share event updates and competition results in real-time with our followers,” said Ellie Klidzia, High Participation Manager, Singapore Gymnastics. “By using a platform created specially for the sporting industry, we can connect with users globally who share the same passion and interests.”

Playground was founded in Singapore where there is a vibrant start-up community backed by a bourgeoning ecosystem that encourages entrepreneurship in recent years. Singapore is now seen as one of the world’s leading destinations for budding technology entrepreneurs, including French-born Burtin who has chosen the city state as the base for his start-up company due to the country’s strategic location, excellent infrastructure and inclusive business environment for innovation and sports.

The iOS version is live on the Apple App Store: The Android version of Playground will be available for free download on Google Play on 28 June 2016.

Discover more about Playground’s vision at

About Playground

Playground is the sports network that unites sport fans and industry stakeholders with a common passion for sports and recreational games, by fostering a sense of belonging, mutual engagement and discovery — whether in the neighbourhood or globally.

With a steadily growing base of Tribes, Playground is the gateway to creating sport-related connections and interactions with user-generated content no matter where you are.

Playground is created by Sport Now Pte. Ltd., and is now available for free download on the Apple App Store.

Discover more about the platform at

Photo –

Source: Playground

Written by asiafreshnews

June 16, 2016 at 4:41 pm

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ContourGlobal’s Highly Efficient “Cap des Biches” Electricity Generation Facility Inaugurated by Senegal’s President Macky Sall

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— 53 MW First Phase of 86 MW Cap des Biches power plant completed in only 14 months
— 33 MW Second Phase to begin generating electricity in September 2016
— The modern and highly efficient plant will provide reliable low-cost energy to 100,000 people in Senegal

DAKAR, Senegal and NEW YORK /PRNewswire/ — ContourGlobal, the U.S.-based power generation company, inaugurated its 53 MW Cap des Biches power plant in Senegal today in Rufisque just outside of Dakar, Senegal.  The Cap des Biches power plant is the largest investment by a U.S. company in Senegal and the inauguration took place in the presence of 300 people, including HE Macky Sall, President of the Republic ofSenegal, Mohammed Dionne, Prime Minster of the Republic of Senegal, Joseph C. Brandt, ContourGlobal’s President and Chief Executive Officer, Thierno Alassane SALL, Senegal’s Minister of Energy, and Mouhamadou Makhtar Cissé, General Manager of Senelec, the national utility of Senegal.  The event was also attended by James P. Zumwalt, United States Ambassador to the Republic of Senegal and the Republic of Guinea Bissau, Cheick Oumar Sylla, Executive Vice President of ContourGlobal, and other senior executives from the company as well as representatives of the Overseas Private Investment Corporation (“OPIC”), the International Finance Corporation of the World Bank Group (“IFC”), and Wärtsilä Oy, the company that constructed the power plant.  The announcement comes just one month after ContourGlobal inaugurated its methane gas facility and power plant at Lake Kivu inRwanda.

Cap des Biches is an 86 MW thermal generation facility developed and constructed by ContourGlobal in two phases—53 MW that began generating electricity in April 2016 after only 14 months of construction, and a second phase consisting of 33 MW that broke ground in January 2016 and will generate electricity by September 2016. The new power plant was designed to utilize the existing facilities and infrastructure of an old power plant site to lower the cost of development and construction, thereby enabling the Cap des Biches facility to produce the lowest cost thermal generation in Senegal.

The Cap des Biches power plant is designed to operate day and night and will significantly boost Senegal’seconomic growth.  The project’s innovative financing model brings together two leading development finance institutions: OPIC and IFC, with OPIC providing an 18-year financing of USD 91m for Phase I, and IFC providing an 18-year cross currency swap of the same amount and tenor.  OPIC and IFC intend to underwrite a similar structure for the USD41 million financing planned for Phase II.

Joseph C. Brandt, President and Chief Executive Officer of ContourGlobal, stated, “ContourGlobal and Senelec committed to the Cap des Biches power project in Washington DC in August 2014 during the Africa Leaders’ Summit convened by US President Barack Obama.  This power plant has been enabled by two visionary commitments to eliminate poverty and bring the benefits of development to the African continent—President Obama’s Power Africa Initiative and President Macky Sall’s Plan Senegal Emergent.”

Mouhamadou Makhtar Cissé, General Manager of Senelec, noted: “The execution of the Cap des Biches power plant is a decisive step in the Plan Senegal Emergent.  With the support of the Senegalese Government, Senelec has set up an energy policy that combines energy mix with satisfying demand at the lowest possible prices. This will help the country’s fight against poverty and ensure the industrial development of Senegal.”

“Today marks an important step for private sector-led development in West Africa. ContourGlobal is a steadfast OPIC partner, and with our support, their work at Cap des Biches signifies progress for President Obama’s Power Africa initiative, for building bankable power facility models in the region, and most importantly providing new energy to the people of Senegal,” said Elizabeth Littlefield, OPIC’s President and CEO.

“Electricity, a development imperative, is necessary for economic growth,” said Vera Songwe, IFC Director for West and Central Africa. “IFC’s innovative, customized approaches are enabling private sector operators to play a bigger role in delivering high-quality energy installations to support the Plan Senegal Emergent.”

About ContourGlobal

ContourGlobal is a developer and operator of electric power generation facilities located in 20 countries on 3 continents. The Company owns and operates a portfolio of 62 power plants in both thermal and renewable technologies, with approximately 4,000 MW of installed gross capacity in operation. The projects utilize a wide range of fuel types, technology, and equipment and are operated by 2,000 people working for ContourGlobal around the globe.

ContourGlobal in Africa

ContourGlobal began operating in Africa in 2008 when it developed and constructed its flagship power plant in Lomé, Togo.  The ContourGlobal Togo plant, winner of the US Overseas Private Investment Corporation’s 2014 “Impact Award for Critical Infrastructure,” was placed into commercial operation in 2010 and has been a reliable producer of electricity for the country ever since.

ContourGlobal’s innovative project in Rwanda utilizes potentially deadly methane gas from the bottom of Lake Kivu to generate much needed electricity.  The project was commissioned in December, 2015 and will be expanded to add over 100 MW of electricity to Rwanda in the coming years. The KivuWatt project was awarded “Deal of the Year” by Project Finance International in 2010.

ContourGlobal provides efficient tri-generation (heat, electricity, and water) in Nigeria to our client, Nigeria Bottling Company Limited, one of the biggest companies in the non-alcoholic beverage industry in the country and the sole franchise bottler of The Coca-Cola Company in Nigeria.  Our Nigerian businesses are part of the ContourGlobal Solutions group whose financing by OPIC was awarded “Deal of the Year” by Project Finance International in 2011.

ContourGlobal also has nearly 2,000 MW of projects under development throughout Africa.

Please find additional information on ContourGlobal at:

Source: ContourGlobal

Written by asiafreshnews

June 16, 2016 at 4:40 pm

Posted in Uncategorized

Moet Hennessy Welcomes Solar Impulse to New York

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NEW YORK /PRNewswire/ —

After traversing the United States, Solar Impulse arrived in Americas largest city to deliver a message that the Future is Clean.

To view the Multimedia News Release, please click:

As an Official Partner of Solar Impulse and Host Partner of the Mission Control Center in Monaco, Moet Hennessy accompanies Solar Impulse at every moment of its round-the-world tour. Jim Clerkin, President and CEO of Moet Hennessy North America, greeted pilot Andre Borschberg on the tarmac at New York’s John F. Kennedy airport. He presented him and Bertrand Piccard with a custom “Solar Impulse” golden jeroboam of Moet & Chandon champagne to celebrate his arrival and all of Solar Impulse’s accomplishments thus far.

“Celebrating Sustainability”

Solar Impulse and Moet Hennessy seek to raise awareness of the vast potential of clean technologies. Together they celebrate a leap towards a better world.

Moet Hennessy Chairman and CEO Christophe Navarre explains:Like the visionaries behind Solar Impulse, we see not only a duty but also opportunities for improvement through protecting the environment. We rely on nature to create our luxury wines and spirits and promise to nurture her and leave her in a better place for the next generation. Our environmental policy sets high standards, with even higher ambitions.

All Moet Hennessy wines and spirits are fruits of the earth. Their excellence results from the quality of the soil, the attention to the land and the craftsmanship of the men and women who create them. Moet Hennessy embraces a proactive environmental policy to preserve this heritage.

As an example of sustainable agriculture, all of Moet Hennessy’s Champagne Maisons achieved recognition as Sustainable Vineyards. Here in the United States, California wineries Domaine Chandon and Newton Vineyards obtained Napa Green Winery certification.

Pioneer Spirit

In addition to being an innovator in sustainable development, Moet Hennessy is defined by breaking boundaries, both geographic and human. From the beginning, each brand sought to attain higher levels of excellence and share their products with new consumers across the world.

Moet Hennessy North America President and CEO Jim Clerkin explains: Moet Hennessy brands have long been associated with innovation and a pioneering spirit. We are incredibly proud to be a part of the Solar Impulse journey and are thrilled to welcome the aircraft to New York City. As the United States is home to some of the greatest inventors in aviation, hosting the aircraft here further solidifies Solar Impulses place in American history.

(Photo: )


Source: Moet Hennessy

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June 16, 2016 at 4:31 pm

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International Financing for Local Acquisition of Shipyard

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ATLANTA /PRNewswire/ — First National Partners of Atlanta, GA structured and sourced financing for Fairway Offshore, a local Nigerian marine service company, to make an offer to acquire from foreign ownership, develop and expand a shipyard located in Onne Port Complex, Nigeria, which is a free zone and the logistic center for the oil and gas industry. Proposed funding is US$62.2mn.

Founded in 2005, the Fairway Offshore is a maritime support service whose vessels are currently under contract to Texaco and ExxonMobil. The acquisition will allow Fairway Offshore to build upon and further service its current client base.

It will immediately expand vessel maintenance by adding a new dry dock and enter the vessel construction and repair business. This will enable the shipyard to conform to current Nigerian law which gives bidding preference to local firms, “thereby ensuring the development of the already proven shipbuilding capability within country by us and ensuring commercial preference for new builds for operation in Nigerian waters”.

Over the next five years Fairway Offshore is forecasting growth reaching gross annual revenue of approximately$12mn.

Further information on this project and others can be found at or can be had by emailing First National at or calling the office at +1.404.965.3640. First National Partners ( is a loan originator for this and other international transactions and maintains the website to keep interested parties abreast of its current portfolio.

Additional information is also available from the CEO, Emmanuel Harrison, at or +234-8033408095. Fairway Offshore’s website is

Source: First National Partners

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June 16, 2016 at 4:14 pm

Posted in Uncategorized

Wind Industry Celebrates One Million Jobs – Global Wind Day 2016

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-Global wind employment grew 5% last year to reach 1.1M

BRUSSELS /PRNewswire/ — Record wind industry growth was reflected in a 5% increase in employment in the sector, which now employs 1.1 million1 people. Today, on Global Wind Day, GWEC highlights the socio-economic benefits generated by the global wind industry, in addition to supplying clean power. Global Wind Day is a worldwide event that occurs annually on 15 June: a day for discovering wind energy, its power and the possibilities it holds to reshape our energy systems, decarbonise our economies, build new industries and create new jobs.

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The increase in employment figures is mainly due to strong installation rates in China, the US and Germany. New job creation is being driven by declining renewable energy technology costs and enabling policy frameworks. As governments continue to struggle with high unemployment rates in many parts of the world, both the current reality and future potential for employment in the wind industry has become increasingly significant.

“We are getting bigger, better and cheaper. The wind industry has witnessed record growth in recent years which not only helps the world to meet the climate goals agreed in Paris but also generates much needed new jobs and boosts local economies, to the tune of about US$ 110 billion last year,” said Steve Sawyer, GWEC Secretary General.

In the meantime, corporations are increasingly investing in wind energy. Clean energy procurement is standard practice for some of the largest and most profitable companies in the world, including Apple, Facebook, Microsoft, Google, Lego, AT&T, DuPont, General Motors, HP, Sprint, and Walmart.

“We are thrilled to see the rapidly growing number of companies opting to source their power from wind. These globally leading companies show that wind makes economic sense, as well as protecting the environment; and it’s what their customers want to see. While government action is needed, the real change happens when investors make economic decisions which lead us in the right direction,” said Steve Sawyer.

Wind power was the largest source of new power generation in 2015. Led by wind, renewables are transforming the power sector bringing along a host of other environmental, social, and economic benefits across the globe. The macroeconomic effects are increasingly a factor in political decision making about our future energy choices.

1 IRENA: Renewable Energy and Jobs – Annual Review 2016

Source: Global Wind Energy Council
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June 16, 2016 at 3:55 pm

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Sanovi Enters Into AWSome Partnerships for its Cloud Migration Manager Software Solution

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Gartner ‘Cool Vendor’ Sanovi, the leading provider of Cloud Migration, Business Continuity, and IT Recovery software, announced that the company has signed up multiple global and regional partnerships for its Cloud Migration Manger software. Sanovi Cloud Migration Manager2.0 (CMM) is a leading edge enterprise software platform that enables managed service providers and enterprise customers to accelerate deployment of large-scale cloud transformation projects.

“Cloud Migration Manager has received very positive response from the ecosystem. Several global as well as ‘born in the cloud’ consulting partners have already signed up for Sanovi Cloud Migration Manager and we are in talks with several others,” said Raji Iyengar, VP Global Alliances and Partners, Sanovi Technologies.

“It’s exciting to note that with Sanovi CMM, we no longer need to wing it and fly into the cloud,” said Varun Mathur,AVP & Head Hybrid IT Practice, Zensar Technologies. “With its structured lifecycle approach, Sanovi CMM provides the instruments for monitoring and managing the migration SLA and ROI metrics. It provides a complete cloud migration flight navigation plan for flying a modern enterprise application into public cloud. The speed of migration with the tool is a compelling case for business nod. We are happy to partner with Sanovi Technologies,” he added.

“Sanovi’s CMM’s complete lifecycle approach, visibility and control of all phases of migration are a great advantage,” said, Veeraj Thaploo, Chief Technology Officer, Blazeclan. “The software provides ability to migrate the entire application stack along with features like non-intrusive automated testing and optimization of cloud resources based on workload analysis. These features are truly beneficial. We have evaluated the product and are happy to partner with Sanovi Technologies,” he added.

“Sanovi CMM helps in quickly identifying the optimal-sized infrastructure on AWS cloud, based on policy knobs, including cost and performance,” said Seema Sinha, VP Operations, Crimson Cloud, a frontier company that signed up as a partner with Sanovi. “Some of the major benefits from the product include faster migration and huge savings in deployment and operational costs,” she added.

About Sanovi:

Gartner ‘Cool Vendor’ Sanovi Technologies provides Cloud Migration, Business Continuity, and IT Recovery solutions using its innovative Application Defined Continuity (ADC) technology for workloads across physical, virtual and cloud infrastructures. Sanovi has over 350 customers, including fortune 500 companies, service providers and multi-billion dollar enterprises across vertical industries.

Media Contact:
Rohit Thakur
Director marketing

Source: Sanovi Technologies

Written by asiafreshnews

June 16, 2016 at 3:51 pm

Posted in Uncategorized

Commvault appoints Mark Velthuis as Vice President of Indirect Business for Asia Pacific and Japan

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-Continues to attract top talent with the appointment of new executive to lead partner growth in Asia Pacific and Japan

SINGAPORE /PRNewswire/ — Commvault (NASDAQ: CVLT), a global leader in data protection and information management, today announced the appointment of Mark Velthuis as Vice President of Indirect Business for Asia Pacific and Japan.

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Leading the newly unified indirect overlay business for the region, Velthuis joins Commvault from EMC, bringing almost two decades of experience in the technology solutions industry.

“Mark joins Commvault with an outstanding track record of building strategic partnerships and a strong channel partner network that will help us grow and provide opportunities across our ecosystem of partners,” said Owen Taraniuk, head of Commvault in Asia Pacific and Japan. “He will join an award-winning program deeply committed to differentiating our indirect offerings in the market, leading us to better serve our customers and partners. We are confident Mark’s leadership will deepen our engagement with our indirect business and will be a key part of our success as we continue to drive momentum in the market.”

Joining in January, Velthuis’ appointment is integral to Commvault’s growth strategy through channels and distributors, alliances and systems integrators. This includes strengthening newer strategic partnerships such asNutanix, and further expanding integration with the company’s more traditional partners such as NetApp and Hitachi Data Systems.

“I am excited to join Commvault at a time when there is opportunistic change in the market, including competitive disruption, a shift in CIO conversations and new strategic alliances,” said Velthuis. “As we continue to innovate  and modernize the way organizations protect and manage information through our portfolio of integrated solutions, and move forward in our new financial year – the year of the partner – my priority will be on deepening our engagement and enablement of partners across the region.”

Velthuis has held a number of senior-level leadership positions for both blue chip and start-up companies, including Axiom, BT, Whittman-Hart / marchFIRST, and Boer & Croon Strategy and Management Group. He was most recently Senior Director, Strategic Alliances for EMC Corporation, where he led the Market Development team across the region and worked closely with service providers, system integrators and consultants to create new markets and value propositions.

Velthuis joins Commvault on the heels of it receiving a 5-Star rating in the 2016 Partner Program Guide, which marked the second major recognition for the company by The Channel Company this year. In February, The Channel Company named Commvault’s Vice President of Worldwide Channels & Alliances, Ralph Nimergood, to its exclusive list of the 2016 Most Influential Channel Chiefs.

About Commvault

Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform modern data environments. With solutions and services delivered directly and through a worldwide network of partners and service providers, Commvault solutions comprise one of the industry’s leading portfolios in data protection and recovery, cloud, virtualization, archive, file sync and share. Commvault has earned accolades from customers and third party influencers for its technology vision, innovation, and execution as an independent and trusted expert. Without the distraction of a hardware business or other business agenda, Commvault’s sole focus on data management has led to adoption by companies of all sizes, in all industries, and for solutions deployed on premise, across mobile platforms, to and from the cloud, and provided as-a-service. Commvault employs more than 2,000 highly skilled individuals across markets worldwide, is publicly traded on NASDAQ (CVLT), and is headquartered in Tinton Falls, New Jersey in the United States. To learn more about Commvault — and how it can help make your data work for you — visit

Commvault Safe Harbor Statement

Customers’ results may differ materially from those stated herein; Commvault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding Commvault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements. The development and timing of any product release (including the Commvault and Laitek joint solution) as well as any of its features or functionality remain at our sole discretion. The Commvault and Laitek joint solution is a net new product, which will be available for purchase.

©1999-2016 Commvault Systems, Inc. All rights reserved. Commvault, Commvault and logo, the “C hexagon” logo, Commvault Systems, Solving Forward, SIM, Singular Information Management, OnePass, Commvault Galaxy, Unified Data Management, QiNetix, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, IntelliSnap, Recovery Director, CommServe, CommCell, ROMS, Commvault Edge, and CommValue are trademarks or registered trademarks of Commvault Systems, Inc. All other third party brands, products, service names, trademarks, or registered service marks are the property of and used to identify the products or services of their respective owners. All specifications are subject to change without notice.

Source: Commvault

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Written by asiafreshnews

June 16, 2016 at 3:45 pm

Posted in Uncategorized