Press Releases by Category Business, Economy, Finances, Banking & Insurance
New appointments at Russell Bedford Cyprus firm
Totalserve Management Ltd, Cyprus, a member of worldwide accounting group Russell Bedford International, has announced three new appointments.
Petros Rialas is the new Head of the Trust and Corporate Department. He graduated from the University of Manchester with a degree in Economics and Social Studies and from City University, London, with a Master’s degree in Business Systems Analysis and Design. He is a Chartered Certified Accountant with many years…
DEWB with new major shareholder
Jena, 16 October 2008 – Erster Privater Investmentclub Börsebius Zentral GbR (Börsebius Zentral) is the new major shareholder in Deutsche Effecten- und Wechsel- Beteiligungsgesellschaft AG (DEWB) of Jena. The Cologne firm announced at the end of September that it had bought an equity stake of 21.2 percent. The passing of a number of statutory voting rights disclosure thresholds resulted from the consolidation of various legally independent regional investment clubs which…
OBERMEYER ASSET MANAGEMENT COMPANY TO OPEN NEW OFFICE IN DENVER
Aspen, CO – October15, 2008 – Obermeyer Asset Management Company (obermeyerasset.com) announced today the opening of its new Denver Colorado office at 3200 Cherry Creek South Drive, Suite 480.
Located in the heart of the Cherry Creek business district, the office will allow the Aspen-headquartered discretionary asset management firm to expand its presence in the Colorado market. Obermeyer manages the wealth of affluent individuals, families, foundations and corporations by developing…
Timbercon Announces Strategic Alliance with Amertron
LAKE OSWEGO, OR - Oct 1, 2008 - Timbercon, Inc., a fiber optic product and solution manufacturing company, is pleased to announce the establishment of a strategic alliance with Amertron headquartered in Melbourne, Florida. This alliance offers customers access to a more comprehensive suite of connectivity solutions by combining Amertron’s copper cable and integration capabilities with Timbercon’s vast array of fiber optic technology.
Amertron is a certified 8(a) SDB/Hispanic…
Community Bank in Minnetonka Invites Area Families to Attend Grand Opening
Americana Community Bank invites area families to its Grand Opening Treasure Hunt to celebrate the opening of the newly remodeled Minnetonka branch.
The Grand Opening Treasure Hunt will take place on Saturday, October 25, 2008 from 11:00 a.m. to 2:00 p.m. at Americana Community Bank, 3330 County Road 101, Minnetonka, Minn. 55391.
Grand Opening attendees will receive a key that could open a treasure chest with hundreds of prizes, including cash…
Pedersen & Partners opens office in Dubai
Dubai, United Arab Emirates - October 15th 2008 - Pedersen & Partners, a leading international executive search firm, announced today the opening of its new office in Dubai, United Arab Emirates.
Poul Pedersen, Managing Partner of Pedersen & Partners, stated: “Opening Dubai is a major strategic step. After having become the largest executive search firm in Central & Eastern Europe (CEE),…
Skrivanek Translation & Localization Services Expanding Its Presence in Moscow, …
Prague, October 15th, 2008: Skrivanek Translation & Localization Services, a top-class global language solution provider based in the Czech Republic, is strengthening its presence in Russia.
“It is absolutely essential to be here in order to proceed with demanding Russian language projects in the top class quality and quick turn-around times expected by our clients,” says Aiga Veckalne, the Executive Manager of Skrivanek for Baltic and Russian operations. “All…
Russell Bedford Boston firm promotes Mark Paquin, CPA to Principal
Rucci Bardaro & Barrett, the Boston member of worldwide accounting group Russell Bedford International, has promoted Mark Paquin to principal of the firm. In his new position Mark will continue to direct the firm's accounting and auditing division.
Mark Paquin joined Rucci Bardaro & Barrett in 2004 as an accounting and auditing manager.
Mark is a certified public accountant (CPA) with 18 years of tax and accounting experience. He holds…
A&M Entertainment Launches Artist Management and Development Services
International Entertainment Agency adds artist career management to its wide range of services.
Los Angeles, CA, October 14, 2008 -- A&M Entertainment, an international entertainment agency, has announced artist career management as its latest addition to the list of services the company offers.
Founded in 1997, A&M Entertainment already provides booking services to an impressive artist roster as well as individual consulting, brand sponsorship, marketing, event planning and music production. Now,…
National Life Group Names Mehran Assadi as Next CEO
Montpelier, Vermont (October 14, 2008) – Mehran Assadi has been designated the next president and chief executive officer of National Life Group (NLGroup), the company’s Board of Directors announced on Tuesday.
Assadi, currently president of NLGroup’s life and annuity division, will succeed Thomas H. MacLeay, who is retiring Dec. 31 as president and CEO. MacLeay will remain as Chairman of the Board.
David Coates, the lead independent director on the board…
Falling House Prices in August Adds Pressure to an Already Volatile Economy
DENVER, CO, October 14, 2008 — Integrated Asset Services, LLC (IAS, iasreo.com), a leader in default management and residential collateral valuation, today released its IAS360 House Price Index for August 2008. The monthly report, which includes the most current and granular data available in the industry, showed a 0.2 % decline in house prices on a national level in August, and an 11.6% decline from August 2007 to August 2008.…
BT OPENZONE HALVES COST OF WI-FI
Wi-Fi access cost sliced and international hotspots grows to 50,000 at launch of best value pricing plan
Bern, 15.10.2008 - BT Openzone today cut Wi-Fi rates by up to 50 per cent at the launch of a simpler and more transparent price structure. It will also add more than 2,500 extra European hotspots, bringing its total international footprint to more than 50,000 hotspots.
Four new tariffs launched today cut the price of…
Innovation drives growth and expansion in a down economy
Local company that starts in the basement, soars to the mountaintop.
Seymour, CT/ Oct 7 /Basement Systems Inc/: Innovation drives growth and expansion in a down economy. October 20th at 4p.m. Innovative local company announces an opening ceremony for a new facility in addition to their existing one in the Silvermine Industrial Park in Seymour, CT. This fifty-nine thousand square foot facility is owned and operated by Basement Systems Inc,…
TradeSpark joins Montel for E-world 2009
Following the successful appearance with our partner ener|gate at E-world 2008, TradeSpark will join Montel (montel.no), the Norwegian provider of news and data services for the energy markets, for E-world 2009 in Essen on Feb 10th-12th.
As co-exhibitor at the Montel stall, TradeSpark is in illustrious company of many leading suppliers of information and trading services from all of Europe. Profound contact to various international data providers is essential for us…
CPI Card Group Announces Acquisition of PCC
CPI Card Group, a portfolio of Tricor Pacific Capital, Inc., a private firm with offices in Vancouver, B.C., and Lake Forest (Chicago), Illinois, has acquired PCC, a leading plastic card manufacturing, personalization, and fulfilment company. PCC is a major supplier to the Western European market and is located in the United Kingdom. PCC is led by a strong management team that will continue with the business as employees of CPI.
Working…
EmpXtrack automates IFFCO TOKIO General Insurance's Employee Appraisal & Perform …
NOIDA: 13 October 2008: Saigun Technologies Pvt. Ltd., one of the leading software technology groups of India, announced that IFFCO TOKIO General Insurance, one of the largest insurance providers in India has chosen its flagship product – EmpXtrack to assign performance goals to their employees and conduct employee appraisals (http://www.empxtrack.com/employee-appraisal-software/).
IFFCO TOKIO General Insurance (ITGI) closely follow the rigorous global financial standards of the Millea group, combining sound financial management with…
Stratinis to Sponsor and Speak at Major Pricing Conference
Stratinis will be sponsoring and participating at the Professional Pricing Society Conference in Brussels on 13-14 November. Finn Hansen, CEO of Stratinis, is to deliver a speech at the conference it was announced today.
Stratinis will be hosting a stand in the conference exhibition and are sponsors of the Professional Pricing Society. The presence at the conference of pricing professionals from every field will allow Stratinis to demonstrate its innovative…
Indian Software Developer Breaking into Japan
SmartData Enterprises was founded in Silicon Valley, California, USA in 1996 by current president Dr. Sanjai TIWARI. Today, the company has a staff of 300 in offices in the US and India providing offshore software development services that include Internet, database and e-commerce development. So how did Sanjai grow smartData into the success it is today?
“During the early days, our first clients were basically startup CEOs whom I had known…
Oxea expands its global Carboxylic acids production and will produce Butyric aci …
In an effort to increase its operational flexibility the global chemical company Oxea has decided to produce Butyric acid at its North American production site in Bay City, Texas. The existing Carboxylic acids production plant will receive significant upgrading in order to produce the same reliable quality as currently delivered from Marl, Germany. The changes to the unit are expected to be completed in Q3/2009. The expansion in Bay City…
Momentive Performance Materials Inc. Announces Purchase of Certain Assets of Osr …
LEVERKUSEN, GERMANY - OCTOBER 7, 2008 - Momentive Performance Materials Inc. (the “Company”) today announced that its wholly-owned subsidiary, Momentive Performance Materials Quartz, Inc., has acquired certain assets of the semiconductor and lighting quartz products business of Osram Sylvania Products Inc. (“OSPI”), including manufacturing equipment, inventory, intellectual property and customer lists. OSPI is a wholly-owned subsidiary of OSRAM Sylvania Inc. Terms of the transaction were not disclosed.
“This acquisition is…
Tony Argiz, Ramon de Legorburu and Avelino Rodrigues awarded the CFF Credential
Miami – September 30, 2008 – Morrison, Brown, Argiz & Farra, LLP (MBAF), Florida’s largest independent public accounting firm, is proud to announce that managing partner, Tony Argiz, and partners Ramon de Legorburu and Avelino Rodrigues, have all been awarded the Certified in Financial Forensics (CFF) Credential by the American Institute of Certified Public Accountants (AICPA). The CFF Credential is granted to qualified CPAs with considerable professional experience in financial…
SGS & RSA – Leaders in their field of expertise are working together in the wind …
Wind turbine manufacturers, wind farm owners and utility companies often face risks in wind farm projects such as material damage, and lack of availability, which lead to financial losses.
As a result of their partnership, RSA and SGS are able to improve owners’ internal rate of return on investment via risk minisation, and adequate insurance cover with fair premiums for all wind farm projects, from the project planning stage through to…
COMPDATA, web-based real estate data provider celebrates 3-year annivarsary
Dallas-based COMPDATA celebrated its 3-year anniversary this month. With real estate market crash and current financial uncertainty, investors and professionals alike demand reliable and cost efficient real estate data. COMPDATA has steadily increased its customer base to include real estate investors, real estate investment clubs, real estate professionals and small to medium size investment firms.
COMPDATA offers reliable, accurate online real estate data access 24-hour a day.…
IS GOD USING THE ECONOMY TO JUDGE THE NATION'S SINS? WORLD'S LEADING EVANGELIST …
Florida, USA -- In the past year, the Dow Jones has seen a thirty-five percent decline, resulting in a $10 trillion dollar loss. The current economic meltdown is affecting the lives of tens of millions of Americans. Bill Keller, the world's leading internet evangelist, contends that God is using the economy to judge this nation for its sins.
On May 2, 2008, Keller 3 founder of Liveprayer.com – told his…
NESCAFÉ® LAUNCHES NESCAFÉ® KICK-START™ ENTREPRENEUR EDITION
PETALING JAYA, October 8, 2008 – NESCAFÉ® KICK-START™, the programme where dreams become a reality for young people, is back in an all new format.
The community project, which made its debut as a reality TV show in 2004, will now run completely online at www.kickstart.com.my.
The NESCAFÉ® KICK-START™ Entrepreneur Edition, which is open to all aspiring entrepreneurs aged 18 to 25, is offering cash prizes totaling RM38,000.
All participants will have to…
LCI Hooks Burlington Boatyard For Long-Term Principal Sponsorship To Aid Lake Co …
Burlington, VT -- For two local organizations, there is no such thing as an off season on Champlain. On September 3, 2008, Lake Champlain International, Inc. (LCI) and Burlington Boatyard, LLC (BBY) solidified a principal sponsorship centered on continuing the revitalization of Lake Champlain to further support the community.
LCI, a federally recognized 501 (c)(3) non-profit corporation, is a leading advocate for the restoration and conservation of Lake Champlain…
Silanis Presents: Electronic Contracting in Action Featuring Booz Allen Hamilton
Montreal, QC - October 10, 2008 – Silanis Technology, the leader in electronic signatures, announced today that it will present a web seminar on benefits of electronic contracting featuring its customer, Booz Allen Hamilton. The online event, aimed at contract managers, business analysts and project managers in the public and private sectors, directly tackles the issue of electronic contracting and administration in highly regulated environments. The 60 minute event…
Deer season puts auto insurance coverage to the test
Few people read their auto insurance policy and are unaware of limitations and extent of coverage
Wallingford, CT- October 10, 2008 – Coming to a highway near you soon: The annual Deer Roadways Crossing Season.
Anyone whose vehicle has collided with a deer knows that the threat, which is greatest between October and December is a real one that, aside from being potentially fatal, may put a strain on drivers’…
MidnightTrader Enhances Its Live Briefs Service - Alerts For Stock News and Trad …
MidnightTrader, a premier source of real time pre market, regular session and after hours stock news and trading information, announces new enhancements to its popular Live Briefs service providing total coverage of US equities and markets.
RESEARCH TRIANGLE PARK, NC -- MidnightTrader, a leading source of around the clock, real-time coverage of US equities and markets, announced that it has added even more features and critical investment information to its popular…
Vocal joins the London First Resilience Network
Vocal Ltd, the CIR Business Continuity Award winning provider of business continuity and emergency communication solutions has joined the London First Resilience Network.
The London First Resilience Network’s activities are targeted towards senior security and business continuity personnel in businesses across the capital and shares good practice on policing and business resilience.
Ben Howard, Marketing Manager at Vocal said “As the sole providers of priority alerts from the City of London…
Seoul Semiconductor Wins Again over Nichia in Patent Lawsuit
SEOUL, KOREA -- October 1, 2008, Seoul Semiconductor (hereafter "Seoul") announced that it won another victory over Nichia in a patent lawsuit in Korea. A Seoul Semiconductor official said, "Due to repeated victories in patent lawsuits, our position in global LED market has been reinforced, and we will continue to strive to become a leading LED manufacturer and hope to play a pivotal role in 'Green Growth', thereby contributing to…
Power Continuity installs Uninterruptible Power Supplies for Britannia Building …
Power Continuity Systems recently won a major upgrade for the UK operations of the Britannia Building Society Head Office. The power supply company helped the West Midlands building society, founded in 1856, install a new uninterruptible power supply system as part of a major overhaul of the head office in Leek, Staffordshire.
Britannia Building Society required a 100% totally resilient power protection system whilst running their existing operational systems live with…
Friends on Wall St.
Rising country music artist Billy Craig had written and recorded a new song called Friends On Wall St. in response to the current financial woes of the USA. Being debuted on radio stations around the world.
Friends On Wall St.
Sell my house and sell my boat
Before I’m really going broke
Ya know those genius mortgage dealers
Are drivin my damn four wheeler
Sold me some fancy finance package
Now their stuck in some…
LJL Funding Announces Investment Alternative – Trust Deed Investments
LJL Secured High Yield Income Fund I, LLC provides a unique alternative investment opportunity as a licensed California Department of Corporations mortgage fund. Investors in the Fund take advantage of high yields on real estate-secured trust deed investments. “First trust deed investing has been an alternative investment for decades. Investing has been on a fractional or single ownership basis in individual mortgages” according to David Ruyle, Chairman, LJL Funding, LLC…
WALTON COUNTY, FLORIDA BEGINS RECORDING DOCUMENTS ELECTRONICALLY
WALTON COUNTY, FLORIDA – October 8, 2008 – Simplifile announced today that under the leadership of Walton County Clerk of Court, Martha Ingle, on September 8, 2008, Walton County, Florida officially begin electronically recording (eRecording) land record documents such as deeds, mortgages, and reconveyances submitted by title companies, abstractors, banks, and attorneys.
eRecording is the process of submitting, receiving, and processing documents for recording via the Internet that have traditionally…
ICICI Bank: Clarifies 98% of ICICI Bank UK PLC's non-India investment book is ra …
ICICI Bank UK PLC has zero exposure to US sub-prime credit, whether directly or through credit derivatives such as CDOI CLNI CDS.
· About 98% of ICICI Bank UK PLC's non-India investment book of USD 3.5 billion is rated investment grade and above (by S&PI Moody'sl Fitch). About 89% is rated A- and above (by S&PI Moody'sl Fitch).
· Only about 18% of ICICI Bank UK PLC's non-India investment book is exposure…
CNG Bengal debut in coal belt
Durgapur: CNG-powered vehicles have arrived in Bengal, though in a small way.
Seven autorickshaws that will run on compressed natural gas (CNG) have been registered in Asansol.
The number will go up to 800 in the next few months, Burdwan district magistrate Manish Jain said.
“We are going to ban petrol-run autos in Asansol and Durgapur from December 1. Earlier, CNG was not available in Bengal but Great Eastern Energy Corporation…
MEA Leads in Actuator Valve Engineering and Design
Elk Grove Village, Illinois- MEA Incorporated, an ISO 9001:2000 certified manufacturer of industrial equipments, is currently providing digital control for their actuators with a hundred percent reliability, which eliminates costly and unplanned shutdowns caused by valve problems.
With continued performance together with full system redundancy, the system articulates easily into one’s existing network, contributing several levels of security. Having a system that is completely flexible with all electrical codes, one can…
New Website for Popular Savings Website
A new upgraded website was released this week for the popular BargainCat.com to offer consumers an even better interface to find the latest coupon codes and promotions.
One new feature on BargainCat.com offers visitors the ability to write or read reviews on a particular store. This is one of many new features on BargainCat.com that enable more interactive input from regular visitors. A smooth web3 interface offers shoppers state of…
Team National Shows Business and the Consumer How to Get Big Savings
Ft. Lauderdale, FL-- In these tough and uncertain economic times, as gas prices hover at $4.00 a gallon causing a huge run up in food, products and services prices, both business and the consumer are looking for ways to stretch their dollars. Team National believes it’s more important than ever to show them how to get savings of 30% - 50% on items they are already using or need to…
Giunti Labs runs its first joint learn eXact LCMS and Hive DR user group after i …
Users of the world’s leading digital content repository and marketplace solution, HarvestRoad Hive™, and of the leading online and mobile learning content management system, learn eXact™, will share their knowledge and experience when they gather in Sestri Levante, North West Italy, on 21st and 22nd October, for the first joint Hive and learn eXact user group since Giunti Labs acquired the HarvestRoad Hive technology at the beginning of the year.
Both…
Questrade launches Chinese outreach initiative
Toronto, ON (October 8th, 2008) – Questrade Inc. today announced a new initiative for the Chinese-speaking community. This includes: the Questrade corporate website in traditional and simplified Chinese. The site includes pricing and rates, trading platforms, investment products and services, security and privacy, and contact information. Also available is Questrade’s live help tool, which allows clients to chat instantly online with client services representatives in simplified and traditional Chinese.
Edward…
MINDSPRING DESIGN LAUNCHES A NEW WEBSITE FOR SMALL-BUSINESSES IN SOUTH JERSEY & …
Educating small-business owners about brand identity and effective visual communication
October 6, 2008: Westville, NJ – Mindspring Design launches a new website offering creative marketing tips and graphic services to small businesses and entrepreneurs in the South Jersey/Philadelphia region. Many small business owners lack the time and resources to effectively promote themselves online and in print, which reduces their success and visibility in the community. Mindspring Design offers a comprehensive, marketing…
FEMA Selects Silanis Electronic Signatures to Speed Response to Disaster Victims …
Montreal, QC, October 6, 2008 -- Silanis Technology, the leader in electronic signatures, announced today that the Federal Emergency Management Agency (FEMA), a division of the US Department of Homeland Security (DHS), has selected the Silanis ApproveIt Desktop solution to speed response to disaster victims in the field. FEMA will deploy Silanis’s electronic signature software to upwards of 6,000 of its field agents allowing citizens to electronically ‘sign’ critical release…
Stratinis Appoints Senior Vice President of Sales and Marketing
Stratinis, whose software enables companies do better business around the world through international brand development and exploitation of varying regional prices, required a senior executive to drive international business forward. Danish-born Dam-Johnsen’s international career in IT sales and business development was a perfect match for the vacancy and Dam-Johnsen started working on 1st of October. Speaking of the appointment Stratinis CEO Finn Hansen said, “We are delighted to welcome…
Away-from-Home Market Facts & Figures – Snapshot October 2008
The Top 3 Away-from-Home markets in Europe
Hamburg/Germany – Oct 6, 2008 - The Top 3 Away-from-Home Markets of Europe are Germany, Great Britain and France. In Germany the number of meals served in 2007 sums up to 9.2 bn average annual change rate since 2000: +2.4%. In Great Britain in the last year 8.9 bn meals have been served (+3.7%) and in France 6.8 bn (+2.3%). The three biggest Foodservice…
Antonello Bove named International Correspondent for PMForum
Antonello Bove joins global correspondents network to provide project management news from Rome, Latin America and Washington, DC
Dallas, Texas — PMForum, Inc announced today that Mr. Antonello Bove has been named an International Correspondent for PMForum and PM World Today. PMForum’s global network of international correspondents delivers project management-related news and information from around the world and provides local representation. PMForum operates www.pmforum.org, the world’s first website devoted…
BAI launches first Islamic insurance cover
(Curepipe, Mauritius) – BAI Co. (Mtius) Ltd, the leading provider of life insurance in Mauritius, announced today that it has launched the first insurance policy in Mauritius which complies to the Islamic Shariah regulations.
Called ‘BAI Takaful’, this innovative insurance policy will operate under the direction of a Shariah Board comprising two Malaysian experts in Islamic finance.
“BAI Takaful is the first insurance policy that conforms to Sharia principles,” said CEO…
HR Round Table Series Kicks Off with Multi-Generational Hot Topic
London, UK – October 2nd, 2008 - Insala, a leading global provider of talent management software, has announced the successful kick-off of the first human capital round table series lead by author W. Stanton Smith, Deloitte’s National Director of Next Generation Initiatives.
The event, held 24th September, focused on research in his recently published book, “Decoding Generational Differences: Fact or Fiction…or Should We Just Get Back To Work?”…
King.com today announced the resignation of Toby Rowland as Co-CEO of the Compan …
London, 2nd of October 2008 – Mel Morris, Chairman of the Board, said: “On behalf of the Board, I would like to thank Toby for the immense contribution he has made to King.com. He has been a highly effective Co-CEO, and Toby's recent achievements have included King.com's successful launch and growth in the United States, development of company's advertising business, and the company's IP licensing programme. We wish him well…
