Press Releases by Category Business, Economy, Finances, Banking & Insurance
SpaceNet AG Receives ISO/IEC 27001 Certificate
atsec information security supported the full-service Internet provider in certifying its data center
2008-02-12 – Munich, Germany - Information integrity, confidentiality, and security is the number one priority when dealing with sensitive customer data on a daily basis. SpaceNet AG has proven its commitment to this principle by achieving successful ISO/IEC 27001 certification.
SpaceNet AG Director Sebastian von Bomhard explained: “A well-planned approach to business challenges and high IT security standards is…
Scott County, Minnesota to eRecord with Simplifile
SCOTT COUNTY, MINNESOTA – February 12, 2008 - Simplifile announced today that Scott County, Minnesota will begin electronically recording (eRecording) land record documents submitted to the Recorder’s Office through the Simplifile eRecording Service effective March 4, 2008.
To introduce the public to eRecording, Scott County is hosting an eRecording kick-off meeting from 1:00 pm until 2:30 pm, Tuesday, March 4, 2008 in room #205 of the Scott County Government Center located…
IRIS expands its presence in Eastern Europe
Warsaw / Zurich, February 12, 2008 -- IRIS integrated risk management AG, a Swiss-headquartered international provider of advanced risk and financial analysis solutions for banks, insurers and corporations, announced today the creation of a sister company in Warsaw, Poland.
The company, IRIS integrated risk management Polska Sp. z o.o., is active with a team of six since January 2008. Its mission is the local support and consulting of the existing…
Hugin/Procera Networks Names Industry Veteran James F. Brear as New President an …
LOS GATOS, CA -- 02/12/08 -- Procera(R) Networks, Inc. (AMEX: PKT), a pioneering developer of network traffic and service management infrastructure equipment, today announced the appointment of James F. Brear, an industry veteran with more than 18 years of experience in the networking industry, as President and CEO. Mr. Brear joins Procera Networks to further the company´s position as the leader in managing and monetizing the world´s most complex networks.…
VoSKY Expands Distribution Partners in Europe
VoSKY, the market leader in delivering Skype for business solutions, has announced two new distributors in Europe to support its growth plans for 2008 and help meet the growing business demand for its VoSKY Exchange PBX-to-Skype application gateways.
VoSKY has signed key distribution agreements with Cohort Technology in the UK and with Swedish distributor Electryon Communication Products. The strategic appointments will play a key role in helping VoSKY to further boost…
AutoNagar.com opens its first offline centre in Ludhiana
AutoNagar.com a fast growing auto portal in India opened its first offline centre in Ludhiana today, inaugurated by Mr. Charan Singh Lohara, President of the All India Motor Transport Congress (AIMTC) and a leading transporter of the region who was also the Chief Guest of the occasion.
It’s a revolution in the used vehicle marketplace as there is a need for a common platform which will help the used Vehicle buyers…
TFM Networks Joins Communications Management Association
TFM Networks has joined Communications Management Association (CMA), a not-for-profit industry organisation which supports IT and telecoms managers and helps them make the best use of technology to grow their business.
An established industry figure and one of the UK’s leading virtual network operators, TFM Networks is joining the ranks of BT, Cisco, Nortel and other industry-leading companies to provide CMA members with innovative network solutions that will enable them to…
Cooney Carey joins Russell Bedford as member firm in Dublin, Ireland
Cooney Carey - a leading firm of Chartered Accountants, Taxation and Business Consultants - has joined Russell Bedford International as the international network\'s new member in Dublin, Ireland.
Cooney Carey was established in 1983, initially as a consulting and corporate recovery practice. It has subsequently diversified into auditing, taxation and business advisory services.
The firm has some 40 personnel led by five principals.
The managing partner, Tony Carey, is a Fellow…
Hugin/Pall Mall Investment Management Limited: PMIM announces strategic alliance …
London, 11 February 2008 - Pall Mall Investment Management (PMIM) today announced it has received an equity injection from Nomura, the leading Asia-based investment bank, to drive forward plans to expand its investor base in Europe.
PMIM, the Anglo-German asset management boutique, manages circa US$1bn of assets primarily for German clients. It has one of the best performing high yield funds in its class and, with Risk@Work, an innovative quantative…
Paynet Systems- A Name that Represents Secure and High-performance Credit Card p …
Any competitive credit card processing company must offer guaranteed low prices, no annual fee, wholesale equipment prices, the ability to start accepting credit cards within a period of 24 hours, and all this without a binding long-term contract. These and other dimensions- providing security, experience, convenience, knowledgeable service and quality support- make Paynet Systems the credit card processing and merchant account service of choice for over 30,000 businesses!
Every business…
Redmond-based Electrical Service Company Is a First Seattle Metro Area Electrica …
REDMOND WA – After successfully completing EPA’s background check and verification of past energy efficiency related projects Mr. Electric Seattle became the ENERGY STAR Partner.
Because a strategic approach to energy management can produce twice the savings — for the bottom line and the environment — as typical approaches, EPA’s ENERGY STAR partnership means a proven energy management strategy that helps in measuring current energy performance, goal-setting, tracking savings, and…
70,000 distributor members of the promotional products industry offered free 4 G …
Promotional products design and supply firm, Flash Drive Direct is offering a free “test drive” of their new 4 GB digital wrap flash drive “The Ruby”.
As part of their ongoing sales and educational efforts to bring to light the many uses and technology variances of the modern day flash drive, FDD is giving away 2 free 4GB flash drives enabled with Windows Vista O/S compatibility to be added to every…
Hosting company LeaseWeb doubles the size of its organisation
‘All employees share in the profits of the company’
Amsterdam, 8 February 2008 - LeaseWeb (leaseweb.com), the largest business web hosting provider in the Netherlands which ranks among the top 30 companies in the world, has doubled the size of its workforce last year from 30 to 60 employees. In addition to this rapid growth LeaseWeb starts the first quarter of 2008 with another 35 vacancies.
The gigantic growth of the organisation…
QUORiON Data Systems – Experts in Fiscal Cash Register Production
Fiscal Laws and Cash Registers
Occasionally, governments enforce fiscal laws that require all tax payers who generate sales from goods and services to record and use an approved fiscal cash register. Countries implement such laws to make tax collection more efficient and manageable. As a result, taxpayers are obligated to submit a receipt for their sales revenue. The law may also require all manufacturers to include pre-defined features…
Quorion Enters PC POS Market Segment
Just in time for the 2008 CeBIT Fair in Hannover, Germany, Quorion Data Systems officially announces that it has entered the PC POS market segment. At the fair the company will showcase its 15” touch screen PC POS system known as the QPOS, which houses all the interfaces one would expect from a PC system such as LAN, RS232, PS/2, and even RJ 11 sockets to attach 2…
Former Liberal Minister Herb Dhaliwal, Takes Dynamic Facility Janitorial And Off …
VANCOUVER, British Columbia, February 6, 2008 /-- Dynamic Facility Services LTD, (janitorcanada.com) owned by former Liberal Minister Herb Dhaliwal, plans to take the company “Green” in 2008. A business which Dhaliwal began in 1978, before becoming elected as Liberal Minister in 1993, landing several major janitorial service contracts with airports in Toronto, Calgary, Vancouver and Edmonton as well as key government buildings throughout Canada.
Celebrating its 30th anniversary in…
Survey Shows iPhone Popularity Rising - Slowly
PROVO, Utah — February 6, 2008 — A month after Apple released the iPhone, only eight percent of Americans knew someone who owned one — now, seven months later, that number is up to 34 percent.
In June, Qualtrics Survey Software, a leader in the enterprise feedback management industry surveyed Americans from all 50 states about the release of the new Apple iPhone. When asked, “Have you ever thought about purchasing…
The Cupid of B2B: Online 'Matchmaker,' VendorSeek.com, Heartens Lasting Busines …
Mt. Laurel, N.J., February 1, 2008 -- VendorSeek, the business-to-business matchmaker, inspires love connections between buyers and vendors. The southern New Jersey-based company diligently assesses criteria and attributes in order to propose up to five vendors to buyers. Mochanin, a Web design and marketing company, and Bobcat of North Jersey and Mid Hudson, a compact equipment supplier, take pleasure in their harmonious match made through VendorSeek.
Founder, Ken Wisnefski,…
Twickenham Experience employ new Head Chef for Conference and Banqueting
Ryan Matthee is our new Head Chef for Conference and Banqueting.
Born in Zimbabwe, Ryan started out his catering career at the Centurion Lake Hotel in Pretoria, South Africa before moving to the UK in 1998.
While living in West Sussex, he continued his catering studies before moving to London in 1999 where he worked at the Green House Restaurant in Mayfair until 2001 when he moved to Chives restaurant on the…
Seoul Semiconductor develops high efficient Acriche of 80lm/W
Seoul, Korea, February 5, 2008 – Seoul Semiconductor, one of the world’s leading manufacturers, announced today the development of a high efficient version of Acriche, the world’s first AC-driven semiconductor lighting source, which features brightness of 80lm/W. Started mass production in November 2006, Seoul Semiconductor officially placed Acriche, the world’s first semiconductor lighting source that can be driven directly from the AC power outlets without the need for an AC/DC…
Joint Seminar on Corporate Governance Issues in Islamic Finance
Kuala Lumpur, February 6, 2008 – The Islamic Financial Services Board, the World Bank Group Corporate Governance Department, and the IFC Global Corporate Governance Forum are organising a joint Seminar on Corporate Governance Issues in Islamic Finance. The two-day Seminar will be hosted in Manama by the Central Bank of Bahrain on March 11 to 12, 2008.
The Seminar aims to increase awareness of corporate governance issues in Islamic finance,…
ACG Chicago Honors McDonald's Corporation with Outstanding Corporate Growth Awar …
CHICAGO, Feb. 6, 2008 — The Association for Corporate Growth Chicago (ACG Chicago) today announced that it has selected McDonald\'s Corporation as recipient of the Outstanding Corporate Growth Award for 2007-2008. ACG Chicago – the premier professional organization focused on corporate growth, corporate development and mergers and acquisitions – selected McDonald\'s for its iconic status in the Chicago business community and its global resurgence.
ACG Chicago will honor McDonald\'s with this…
Simplifile, Milwaukee County Register of Deeds and Knight-Barry Title Announce F …
Milwaukee County, WI – February 05, 2008 - Working together to effectuate the electronic filing and recording of land record documents such as deeds and mortgages in the state of Wisconsin, Simplifile, Milwaukee County Register of Deeds and Knight-Barry Title announced that the inaugural electronic recording (eRecording) of a deed in Milwaukee County, Wisconsin occurred on Thursday January 10, 2008. The historic transaction marked the first time a deed…
Lingo24 Wishes a Happy New Year to its East-Asian Business Partners
Multinational translation company Lingo24 celebrates Chinese New Year at its office in Shanghai and sends out season’s greetings to all its business partners in East Asia.
With offices in Europe, Asia, New Zealand and America, Lingo24 Translation Services is a company that boasts an international staff, bringing together translators, linguists and business professionals from a variety of cultures and speaking many different languages.
However, the no. 1 language spoken inside…
PMForum named Media Partner for PM-04 Project Management Conference in Greece
Project Management media entity PMForum has been selected to promote and report about May 2008 international project management conference on Chios Island in Greece
Dallas, Texas, USA — PMForum announced today that it has been named “Media Partner” by the The Network of Project Managers in Greece (PM-Greece) and co-organizers of the 4th SCPM and 1st IPMA/MedNet Conference on Project Management for their 2008 International Conference which will be held on…
New CEE Automotive Market Report 2008
Description: The CEE Automotive Market Report published in January 2008 by German-, Italian- and Czech analysts and marketing experts covers an analysis of the automotive industry in Central Eastern Europe. It concentrates on the automotive business in ten countries in the region including its two main areas: Central Eastern Europe, the “Visegrad” countries - Poland, Czech Republic, Slovakia, Hungary - and South Eastern Europe - Slovenia, Croatia, Bulgaria, Romania, Turkey.…
Don't Africa Me author faults Holiday Inn ad
From challenging China’s CCTV9 Culture Express host, Jennifer Hsuing, for calling Africa the “Dark Continent” in October 2007 to successfully getting Assemblies of God World Missions to remove the phrase “galavanting across the ocean to the Dark Continent” from its TalkingDrumsAfrica.org website in January 2008, Don’t Africa Me author, C. Paschal Eze, has continued to confront individuals and organizations he accuses of waging spirited geo-branding war on the African continent…
Omegawave Receives Financing from KITE CAPITAL
Portland, Oregon, USA/Munich, Germany, May 19, 2007 – Omegawave announces it has completed a first growth financing round with KITE CAPITAL. The investment was led by Christian B. Mueller, founder of KITE CAPITAL. Other investors include Dr. Roman Rittweger, founder of Advisors in Healthcare, and senior executives of three leading European private equity firms. As part of today’s announcement, Omegawave appointed Christian B. Mueller and Dr. Roman Rittweger to the…
Blenz Coffee Finds a New Home in Manila
Manila, Philippines – January 30, 2008 - Blenz The Canadian Coffee Company Ltd. has signed a Master Franchise agreement with Alfred Lim of Maple Leaf Coffee Corporation, based in Manila. The first Philippine Blenz Coffee, boasting a modern contemporary design, will open February 2nd, 2008 at Unit E02-E03 Harbor Drive, SM One ECom Centre in Pasay City.
Blenz Coffee served its first guest in 1992 in Vancouver, BC, Canada. Since…
LazyAnimation gets Revamped
LazyAnimation, a Scandinavian 3d company recently revamped its site\'s lay-out to a much lighter shade of gray. Officially released this week, the new and improved LazyAnimation displays a slide-show presentation of what they can do and showcasing it\'s, now, strongest suite which is 3d architectural rendering.
Primarily known for it\'s character animation services, LazyAnimation repositioned itself, now offering 3d architectural rendering and modeling services mostly to the Scandinavian Market.…
Selling Up & Living it Up Seminar – Belfast 7th Feb 6pm
BizSales Business Brokers, in conjunction with Focus Business Advisers and Willis Financial Services have organised a free seminar on Grooming your business for sale, selling it and enjoying the hard earned proceeds.
The seminar to be held at 6pm on Thursday 7th February 2008 at the Holiday Inn, Belfast will cover two essential areas:
(a) the preparation required by business owners to maximise value & saleability;
(b) the steps needed to be taken now to…
Saudi Arabian General Investment Authority (SAGIA) invites ZCA to visit Saudi Ar …
January 4, 2008 Chicago, IL – Saudi Arabian General Investment Authority (SAGIA) has invited Zeus Capital Advisers to visit Saudi Arabia and to explore partnership opportunities with Saudi companies. “We are honored to be invited by SAGIA and hope to utilize our time in the Kingdom to explore business opportunities with Saudi companies” said Fawad Butt, Managing partner at Zeus Capital Advisers.
ZCA officers will visit the Kingdom for a period…
Entrepreneur Captures Attention in Family Circle Magazine
Margate, FL (January, 2008) Diana Ennen knows what it takes to work at home, having done so since 1985. Ennen was among the pioneers in the work-at-home industry when starting a word processing business, but back in those days, it wasn’t as easy to get started. The Internet wasn’t as commonplace and work-at-home moms (and dads) had to learn from trial and error. Research on how to start a business…
Kaupthing Bank's results for 2007
Kaupthing Bank reports net earnings of ISK 70.0 billion (EUR 799 million).
- Shareholders\' net earnings for 2007 of ISK 70.0 billion - (ISK 85.3 billion in 2006)
- Shareholders\' net earnings for fourth quarter of ISK 9.8 billion - (ISK 18.1 billion in same period of 2006)
- Return on equity in 2007 of 23.5%.
- Earnings per share of ISK 95.2 (ISK 127.1 in 2006). Earnings per share for fourth…
Pago reports strongly improved figures for 2007
Acquirer and Payment Service Provider underlines leading market position and announces expansion of range of services in coming months
Cologne, 31 January 2008 – Pago eTransaction Services GmbH, one of the leading international acquirers and payment service providers, has reported increased clearing volumes and further successful expansion of its international partner network in 2007 supplying further evidence of its ongoing success story. Clearing volumes, which are the monies collected on behalf…
direct/ Glitnir (IS) - Glitnir publishes Annual Accounts 2007
Glitnir Bank Full-Year Results for 2007
ISK 27.7 billion (EUR 315 m) profit after tax
19.3% Return on equity
Financial Highlights
- Net income increased by 17.2% year-on-year
- Pre-tax profit in Q4 was ISK 3.8 billion compared ISK 10.4 billion in Q3
- Net interest income in Q4 was ISK 11.9 billion, up by 54.6% from Q4 06
- Fees and commissions increased by 7.8% in Q4 and amounted to…
DOVEBID® TO CONDUCT ONLINE “BUY NOW” SALE FOR CRISTALLERIE DU VAL SAINT LAMBERT …
London, UK (January 30, 2008) - DoveBid, Inc., the leading global provider of capital asset auction and valuation services, announced today that it will conduct a sale of several thousand pieces of prestigious Val Saint Lambert Belgian crystal. Located in Seraing, Belgium, the Cristallerie du Val Saint Lambert is a world-famous manufacturer of high end crystal items and the official supplier to H.M. the King of Belgium, and has also…
direct/ All Nippon Airways Co Ltd announces 3Q Results FY2007
record revenue, operating income and net income for the nine-month period -
TOKYO January 31, 2008 ANA Group posted a record consolidated net income of 117.9 billion yen on record revenue of 1.14 trillion yen for the nine month period ended December 31, 2007, a 176.9% and 0.6% increase respectively. Net income was boosted considerably by the sale of ANA Group´s hotel assets on June 1 last year and is…
direct/ All Nippon Airways Co Ltd announces Mid-Term Corporate Plan 08-11
Innovation and Globalisation for Reform and Greater Profitability -
TOKYO January 31, 2008 ANA today announced its latest mid-term corporate plan for the four year period from April 1, 2008 - March 31 2012. This will replace the current Mid-term Corporate Plan 2006 - 2009 to better reflect the realities of the global and Japanese operating environment: continuously high jet fuel prices, deregulation and the imminent capacity expansion of Tokyo…
direct/ ASSA ABLOY has signed an agreement to acquire SimonsVoss Technologies AG
A leading company in the rapidly growing market for wireless digital locking and access control systems.
SimonsVoss Technologies AG ("SimonsVoss") develops, manufactures and markets electronic locking and access control systems for public and commercial buildings. The acquisition will offer ASSA ABLOY a great growth opportunity and access to an extended product platform. SimonsVoss will be organized as a separate business unit within the ASSA ABLOY Global Technologies Division.
The market…
direct/ Glitnir (IS) - Moody´s reviews Glitnir´s rating for possible downgrade
Moody´s Investors Service announced today that they have placed on review for possible downgrade the Aa3 long-term rating and C bank financial strength rating ("BFSR") of Glitnir banki hf. Glitnir´s P-1 short term rating was affirmed.
According to the release the three largest Icelandic commercial banks, have now been placed on review for possible downgrade.
Moody´s announcement is attached:
For further information contact:
Ingvar H. Ragnarsson, Managing Director, Treasury, phone…
Retail Fund Investment and the US Subprime Crisis: Market Reactions Lead to New …
Berlin, 30.01.2008 - Retail fund investors are facing a crisis of confidence resulting from the knock-on effects of the problems in the US subprime mortgage market, according to investment professionals in Europe.
Between October 2007 and January 2008, the European Investor Group and Metrinomics have conducted almost 900 interviews with distributors in the European retail fund industry. During these interviews, respondents from 12 countries were asked “What effect has the…
Prevodi.bg Ltd Announced the Launch of Online Store
Prevodi.bg Ltd announced the launch of online store later this year. The site will be produced by the owners Dobrin Davidkov and Pavel Nikolov. It is dictated by the growing online services demand in Bulgaria.
The online store will offer all kind of assortment and will be innovative for the Bulgarian market. It is designed to follow environmental policy – which includes: efficient use of energy, reduced need for movement of…
Simplifile and TriMin Government Solutions Structure Strategic eRecording Allian …
MINNESOTA – January 28, 2008 - Working to provide their mutual customers with industry-leading eRecording services, Utah-based Simplifile and Minnesota-based TriMin Government Solutions today announced that they have formed a strategic alliance for the purpose of integrating and cooperatively marketing Simplifile eRecording Services and TriMin Land Records Suite of products.
The alliance calls for the two companies to continue the seamless integration of their respective eRecording and document recording systems, allowing…
Sachin Sandhir named Chief Executive Officer of RocSearch
January 31, 2008 [New Delhi / London]: RocSearch Limited, the UK-based Research and Analytics firm, today announced the appointment of Sachin Sandhir as its Chief Executive Officer. His appointment follows the entry of David O’Brien as the firm’s Executive Chairman in October last year. Sachin’s role at RocSearch will encompass leading the management team and strengthening its business development and global relationships by providing the right direction and focus.
Sachin has…
direct/ Glitnir (IS) - Glitnir Bank Full-Year Results for 2007
ISK 27.7 billion (EUR 315 m) profit after tax
19.3% Return on equity
Financial Highlights
- Net income increased by 17.2% year-on-year
- Pre-tax profit in Q4 was ISK 3.8 billion to ISK 10.4 billion in Q3
- Net interest income in Q4 was ISK 11.9 billion, up by 54.6% from Q4 06
- Fees and commissions increased by 7.8% in Q4 and amounted to ISK 10.6 billion
- 52%…
direct/ Glitnir - Glitnir publishes today the fourth quarter results and Annual …
Glitnir publishes today the fourth quarter results and Annual Accounts excluding notes. As a result of technical difficulties that emerged at the very last moment in the process leading up to the publication, pertaining to its notes. The full Annual Account including the notes will be published on Thursday, 31 January.
http://www.glitnirbank.com
The announcement was distributed by Hugin.
The issuer is solely responsible for the content of this announcement.…
The Indian Stock Market – Continued Boom or Impending Bust?
During 2003–07, India’s economy grew at an average annual rate of 8.6% and reached US $1,030 billion in the calendar year 2007. However, during the last 16 years (1991–2006), the annual inflation (as measured by the average wholesale price index [WPI]) has been approximately 6.67%. Given the savings rate and liquidity in the system, Evalueserve’s analysis shows that the annual inflation in India is likely to hover around 5% during…
CSA Opens an Associate Office in Russia
The new CSA Associate office will be located in Moscow, Russia, and will offer its extensive portfolio of celebrity speakers and experts
January 29, 2008 - Burnham, UK, CSA announces the opening of its Russian Associate office in Moscow. CSA is Europe’s leading speakers’ bureau. For twenty years, its wide ranging portfolio of motivational, business, keynote and guest celebrity speakers has been instrumental in providing inspirational speeches, rekindling vision and transferring…
Lake County, Illinois Joins SimplifileSM eRecording Network
LAKE COUNTY, ILLINOIS – January 28, 2008 - Simplifile announced today that Lake County, Illinois is now electronically recording (eRecording) land record documents such as satisfactions, mortgages, and reconveyances submitted by title companies, banks, and attorneys to the Recorder’s Office through the Simplifile eRecording Service.
eRecording is the process of submitting, receiving, and processing, via a secure Internet site, documents for recording that have traditionally been delivered to the county for…
