Press Releases by Category Business, Economy, Finances, Banking & Insurance
An Ernst & Young Study: Declining upstream asset valuations to trigger M&A
Impact of global economic slowdown on the oil and gas industry to be limited to liquidity constraints, as domestic consumption continues to grow and production is expected to remain largely in deficit
• Declining global asset valuations to drive M&A by cash-rich upstream players
• Acquisition of reserves to become more competitive
• Strong potential for alliances between national oil companies and industry in resource-rich nations
Mumbai, 17 November: The impact of the…
San Gabriel Valley Black Chamber of Commerce Hosts Nov. Mixer at Hillsides
(PASADENA, CA) – San Gabriel Valley Black Chamber of Commerce will be hosting their November Business Mixer on Thursday, November 20, at Hillsides, a foster care children’s charity in Pasadena.
Guest speaker Jackie Broxton, director of major gifts and planned giving for the children’s charity, will be speaking to members and guests about charitable giving and the benefits of maximizing business exposure while doing good in the community.
“I feel networking is…
Tsunami Japanese Restaurant Receives Commercial Financing From Celtic Bank
Celtic Bank recently closed a small business loan for Tsunami’s new River Park location at 10722 South Riverfront Parkway, South Jordan, Utah. Tsunami is Salt Lake City’s premiere Japanese restaurant and sushi bar. With other locations in Sugarhouse and Union Park, Tsunami servers a variety of fare, from mouth-watering Kobe beef to the award winning baby-back ribs, Tsunami offers a little something for everyone.
Headquartered in Salt Lake City, UT, Celtic…
The Paper Mill Store’s New Resume Kits Help Job Seekers Stand Out
The Paper Mill Store .com’s (TPMS) new Resume Paper Kits make it easy for job seekers to create professional, coordinated resume packages that will stand out to prospective employers. The kits are offered in several premium paper brands, including Strathmore with its prestigious watermarked writing paper and matching envelopes. All papers found within the kits are manufactured with renewable wind energy; other eco options include finishes manufactured carbon neutral, tree…
2008 Silver W3 Award Given To AIS Media For Company’s Corporate Portfolio
Atlanta, GA/November 17, 2008 – The W3 Awards Committee announces that AIS Media, Inc. was awarded the 2008 Silver W3 Award for the company’s interactive corporate portfolio in the Corporate Communications category. Awarded annually the W3 Awards are considered among the most prestigious web creativity awards in the world and are judged by the International Academy of Visual Arts. AIS Media was singled out for its creativity and innovation out…
AIS Media Wins 2008 Gold W3 Award For Design Of International Trajectories Websi …
Atlanta, GA/November 17, 2008 – AIS Media, Inc. was awarded the 2008 Gold W3 Award for the development of the International Trajectories travel web site. Competing against several thousand award entries, AIS Media was singled out for its creativity in creating a travel web site for International Trajectories (www.internationaltrajectories.com) that beckons travelers for elite African tours. The W3 Awards are considered among the most prestigious web creativity awards in the…
Eurofins partners with leading US certification firm, SCS, for Indoor Air Qualit …
Galten, Denmark – In a landmark move to better serve European customers with interest in the US market, Eurofins Product Testing A/S, Denmark, announced a partnership with Scientific Certification Systems (SCS) of Emeryville , California, for third-party indoor air quality certification.
SCS’s industry-leading indoor air certifications, SCS Indoor Advantage™ and SCS Indoor Advantage™ Gold for furniture and other indoor products, as well as FloorScore® indoor air quality certification for flexible and…
Away-from-Home Market Facts & Figures – Snapshot November 2008
More than 220,000 commercial foodservice companies in Germany
Hamburg/Germany – Nov 17, 2008 - In Germany there are 221,132 operating companies in the section of commercial foodservice - 82% in gastronomy, 18% in hospitality. The strongest segments in gastronomy are: full-service restaurants (approx. 61,000), bars and pubs (approx. 34,200), taverns (approx. 31,200), snack stands (approx. 21,100) and cafes (approx. 18,500). The main segments of hospitality are full service hotels (tourist/standard/comfort/first class/luxury,…
Christmas Brings GBP1.2bn of Broken Toys
More than a third (37 per cent) of Christmas toys and presents don’t make it past the end of January, according to research from leading Child Trust Fund provider, The Children’s Mutual. It found that a staggering £1.2bn is wasted each year, by family and friends buying gifts that get broken or discarded long before we give up on our New Year’s resolutions.
According to its research, excluding those from their…
PerTOOLS Offer Global Multi-User Lifetime Licenses Until End of Year
Today in London, PerTOOLS, the provider of Time Series Analysis and Data Extractor tools announced that they will be offering Global Multi-User Lifetime Licenses until the end of the year as a one-time special offer.
Paul Darvell, Operations Director of PerTOOLS stated "It has always been a primary objective of ours that our products appeal to the whole spectrum of users from the large multi-nationals through to the individual user…
Oxea repairs damage to Oxo plant
The global chemical company Oxea today announced that it has discovered a damage to its oxo plants in Oberhausen which requires immediate repair. Oxea will therefore shut down its entire oxo production from November 17 to November 26, 2008.
Starting on November 26 the units will resume operations. Oxea carries sufficient inventories to ensure the supply of its customers during the shutdown. "We are already talking to our customers…
PCIS Launches “Web Threats Weekly” to Help Public Take Action
VANCOUVER, CANADA – November 14, 2008 – Want to know which websites could be next on a hackers’ to-do list? A Vancouver-based web and network security provider is launching Web Threats Weekly, an email alert giving the public the tools to make sure they get better protection for their private information and their own computer systems.
“We’re doing this for the public, to give them better protection for their identities and…
IEA: WEO 2008 – Comments on the Oil Field Decline Analysis
EnergyComment, the new German expert site for oil markets and oil politics, comments on the oil field analysis, the centerpiece of the oil-related results of the WEO 2008.
1. General Remarks
Its results are crucial for the estimate of investment budgets und the size of the future oil supply. It is a great step forward for the global oil debate that the IEA report focuses on supply issues and does not…
World Property and Commodity Fund Hailed as “Next Generation” Investment
IPIS experts agree the WPC fund increases options over US REITS for individual investors seeking early investment opportunities in emerging markets
Seoul, South-Korea – During a panel discussion at the 2nd International Property & Investment Show, held last month at the COEX exhibition center in Seoul, several experts agreed that the World Property and Commodity Fund (WPCF) represents the “Next Generation” of real property investment vehicles. “In the past if…
The Pledge to Re-Energize America Released Today
Dr. Robert Rausch is on a quest to re-energize America. He intends to accomplish this through utilizing a single and very simple idea, “Americans are tired of hearing about the energy crisis,” stated Dr. Rausch, the CEO of 1Executive Energy Inc., “they are burned out and stressed out. However, all human beings have an unlimited, renewable supply of personal energy. I am today asking every American to take a stand…
Callbox Nominated in Top Outsourcer Awards
Los Angeles, CA – September 2008 - Callbox Sales and Marketing Solutions has been nominated as Top Outsourcer in this year's Top Outsourcer Awards 2008 organized by Contact Center World, the leading global support organization for the contact center industry. The Top Outsourcer awards and Industry Recognition is a yearly study of outsourcing companies worldwide by Contact Center World aimed at acknowledging hardworking companies who deserve significant recognition.
As one of…
BAMCO Inc. Recognized by Inc. 5000 as one of America’s Fastest Growing Private C …
Middlesex, NJ-—BAMCO Inc. (BAMCO), a leading designer, fabricator and installer of custom architectural metal wall paneling, has been included in the 2008 annual Inc. 5000 list of the fastest growing private companies in America.
Inc., a monthly magazine aimed at business owners and CEOs, highlights companies each year in their Inc. 5000 that have experienced remarkable expansion. The Inc. 5000 for 2008 ranks businesses according to their revenue growth from…
Marketing Outsource Associates, Inc. Recognized Among Top 100 Regional Minority …
Elkridge, MD – Marketing Outsource Associates, Inc. is proud to announce that Gloria Berthold Larkin has been selected to receive the prestigious Top 100 Minority Business Enterprise Award. This program is designed to acknowledge and pay tribute to outstanding women and minority business owners in Maryland, Virginia and the District of Columbia. The awards ceremony will take place at the Inn and Conference Center at University of Maryland University College…
Seoul Semiconductor concludes a cross license agreement with TOE of Europe
Seoul enters into a cross license agreement with TOE (TridonicAtco Gmbh) of Europe and its patent partners
- Based on this cross license agreement, Seoul enhances its flexibility to manufacture various kinds of LEDs besides its own white LEDs
Seoul Semiconductor Co., Ltd. ("SSC") today announced that SSC has entered into a Cross License Agreement regarding white LEDs using silicate system phosphors with TridonicAtco Optoelectronics GmbH ("TOE") and its patent partners. Phosphors…
Well equipped for a troubled market – Vishay’s financial results and business ou …
Selb / Malvern, PA (USA), 11 November 2008 – Vishay Intertechnology, Inc. (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive electronic components, completed the third quarter of 2008 with net revenues of 739 million US dollars. Compared with the second quarter of 2008, this represents a decrease of approximately 4 percent and, compared to the third quarter of 2007, growth of around 2 percent.…
Invoicera forays into the web world
New Delhi, India – 14th November 2008: Invoicera has announced its much awaited launch and is all set to make a grand entry on the big stage. Invoicera is a premium payment tracking and invoice billing software. Set up with the primary objective to make online billing an easy to use tool, Invoicera 2.0 incorporates all the features that would delight the customers. The approach has been completely client centric…
Prolight + Sound 2009 distinguished by continuous growth
Around 95 % of space booked with 5 months still to go
Interest in Prolight + Sound 2009 running at a high level
With five months to go before the start of the international Prolight + Sound trade fair in Frankfurt am Main from 1 to 4 April 2009, the organisers can already report an unbroken flow of inquiries from companies wanting to take part. The coming Prolight + Sound will be…
Online tickets for Prolight + Sound 2009 now available
Online tickets available in German, English and Italian
Visitors can now purchase their admission tickets to Prolight + Sound 2009 via the internet and benefit from the lower online ticket price.
Prolight + Sound is the world's leading trade fair for audio, lighting, event and communication technology and will be held in Frankfurt am Main from 1 to 4 April 2009.
Admission tickets can be purchased quickly and easily on the Prolight +…
Online tickets for international Musikmesse 2009 now available
Online tickets available in German, English and Italian
Visitors can now purchase their admission tickets to Musikmesse 2009 via the internet and benefit from the lower online ticket price.
Musikmesse is the world's leading trade fair for musical instruments, music software & computer hardware, sheet music and accessories and will be held in Frankfurt am Main from 1 to 4 April 2009.
Admission tickets can be purchased quickly and easily on the website.…
Midas International strikes Venture Capital deal with orphan drug company
Dubai based investment firm takes position in promising U.S. biotech industry companies pursuing cures for untreated ailments.
Dubai, United Arab Emirates - Midas International announced today that it has come to an agreement for up to $35 million in venture capital financing for two separate companies involved in the development of orphan drugs (Drugs for diseases that afflict small numbers of people). At this time details of the agreements were not…
BH GLOBAL AND BH MACRO ANNOUNCE SECONDARY LISTING IN DUBAI
(LONDON, 11 NOVEMBER, 2008) – BH Global Limited (“BH Global”) and BH Macro Limited (“BH Macro”), the two London Stock Exchange (“LSE”)-listed closed-ended feeder funds managed by Brevan Howard Offshore Management Limited, have listed on the Dubai International Financial Exchange (DIFX) today.
The US dollar denominated share classes of both companies are now listed on the DIFX, in addition to the listing of those shares on the LSE and on…
HUGO BOSS „Supplier of the Year“
Veit GmbH received the HUGO BOSS award „Supplier of the Year 2008“ – highly renowned in the textiles industry – in Izmir at the end of October. At the festive event with 300 invited guests, General Manager Guenter Veit and the company’s Turkish representative Cahit Tas gladly accepted the trophy.
The VEIT Group is a medium-sized company with about 500 employees and has been the market leader in ironing, finishing…
OurMonmouth.com Receives 2008 Best of Manalapan Award
WASHINGTON D.C., November 10, 2008 -- OURMONMOUTH.COM has been selected for the 2008 Best of Manalapan Award in the Advertising category by the U.S. Local Business Association (USLBA).
The USLBA "Best of Local Business" Award Program recognizes outstanding local businesses throughout the country. Each year, the USLBA identifies companies that they believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the…
FISHLABS premium mobile games now also free via 123play.com
FISHLABS Entertainment GmbH, a leading developer and publisher of high-quality 3D mobile games, today announced a new ad-funded deal with 123play.com, the consumer brand of Helsinki-based Mobile Advertising Solution MAS Ltd. (MAS). Five premium mobile games are available to download for free from the www.123play.com website. They are: Burning Tires™, Galaxy on Fire™, Tank Raid™, Planet Riders™, and Heli Strike™. Before and after the games the user sees two short…
Modular hotel for the Albuquerque VA hospital Completed
McKinney, Texas—Icon Construction (icon-construction.com) announced today the completion of construction of a 3,500 square foot modular hotel for the Albuquerque VA hospital located adjacent to Kirtland AFB. The eight room facility will be used by families of veterans who are being treated at the VA hospital there. The design/build turnkey project was completed within four months from notice to proceed.
Icon president James Bell stated, “Icon is…
Timbercon Partners with IRphotonics, Enhances Product Offering with Mid IR Fiber …
LAKE OSWEGO, OR - Nov 11, 2008 - Timbercon, Inc., a fiber optic product and solution manufacturing company, has expanded their capabilities again. Focused on offering the most comprehensive suite of connectivity solutions, Timbercon is pleased to announce a technology partnership with IRphotonics, the leading designer and manufacturer of infrared fibers and systems for Infrared Counter Measures (IRCM) in the 2 – 5 µm.
IRphotonics has been supplying advanced infrared…
Live Software Solutions becomes a Microsoft Gold Partner
Software developer Live Software Solutions (LSS), which develops and delivers software for, among others, the insurance and publishing sectors, has been awarded Microsoft Gold Partner status. Gold Certified Partners represent the highest level of competence and expertise with Microsoft technologies, and have the closest working relationship with Microsoft.
As a Microsoft Gold Partner, LSS has access to Microsoft’s resources and support including access to exclusive online content from Microsoft and…
Software Techniques Inc. Provides Complete Business Solutions for Human Resource …
Founded in 1985 by Software Designer Philip Muller, Software Techniques Inc. (STI - softwaretech.com) has grown today as a leader in both Human Resource Management Systems as well as the provider of superior systems for Police Evidence and Property Management. Presently with over 50,000 loyal and satisfied customers worldwide, STI offers products that are scaled for the small business to the largest corporations.
STI's unique product mix in two separate markets…
Giunti Labs’ user conference endorses open platform learning content, technologi …
Giunti Labs, a leading learning and mobile content management solution provider, recently welcomed some 100 delegates from around the world to its Hive DR and learn eXact LCMS Joint User Group conference, held in Sestri Levante, Italy.
Following an introduction to the event, given by Fabrizio Cardinali, Giunti Labs’ CEO, Michael King, Vice President of IBM Global Education Industry, observed: “Open platform education is the engine of innovation in the 21st…
JADO SECURES EUR 3.9 MILLION IN SERIES B FINANCING
Dresden, Germany, November 11, 2008 -- JADO Technologies GmbH, the leading developer of RAFT intervention therapeutics, announced today that it has raised EUR 3.9 million in a series B financing led by PEPPERMINT.Financial Partners. New investor NRW.BANK and existing investors Dresden Fonds GmbH, EMBL Ventures, KfW (ERP-Startfonds), Max Planck Society and MASA Life Science Ventures also participated in the round.
The proceeds will be used to advance two formulations of…
World Property and Commodity Fund Launched
Much anticipated fund now allows individual investors to access the potential of emerging property and commodity markets worldwide.
London, UK – The launch of the much anticipated World Property and Commodity Fund, formally announced 4 July 2008, is now a fact. This investment vehicle allows individual investors to gain access to the potential of the real estate boom in emerging markets worldwide. The Fund has been established in the British…
INDESEC EXPO 2008 enters successful second day
7th NOVEMBER 2008, NEW DELHI: Indesec Expo 2008, the annual Indo-international homeland security and defence exhibition organised by Informa India and inaugurated yesterday by Shri Prakash Jaiswal, Minister of State for Home Affairs, Government of India, continued to attract senior defence and homeland security officials on its second day.
Renowned network-centric warfare (NCW) pioneer, John Garstka, left a packed conference room spellbound with his invaluable insights on the conversion of NCW…
Markets Crisis Spurs Haynes and Boone Bankruptcy Expansion
DALLAS – Haynes and Boone, LLP has bolstered its bankruptcy and business reorganization practice by adding ten lawyers to the group over the last 20 months. “Our group is busy now, and we’re expecting a very active 2009,” said Steve Pezanosky, who heads the firm’s Bankruptcy and Business Reorganization Section.
Most of the new lawyers are lateral hires from other firms, including Peter Ruggero and Ian Bolton, who have joined…
Spectacular determination of winner
The winner of the Live-Showcase „Porsche vs. eCar“ at the kick-off of Navigation Global on the Hockenheimring on 06 October was determined in a spectacular way by a new application from the navigation sector. A new solution to verify data, including timestamp and pinpoint positioning, which is generated via a mobile device by means of a special database was used for the first time at the Hockenheimring. The transmitted contents…
Ernst & Young announces 19 Finalists for the Tenth Entrepreneur of the Year Awar …
New Delhi, November 10, 2008: Nineteen of India’s successful entrepreneurs, who have displayed an inspiring vision, unabated zeal and passion to make a difference, have been selected as ‘Finalists’ for the coveted Ernst & Young Entrepreneur of the Year Awards. This year, the awards will be announced on November 26th in Mumbai in the presence of leading global and business personalities, including Mr. Somnath Chatterjee, Hon’ble speaker of…
DECOM 2008 debates the future for educational publishing
According to Vijay Kumar, Senior Associate Dean and Director of the Office of Educational Innovation and Technology at the Massachusetts Institute of Technology – and an advisor to India’s National Knowledge Commission – the traditional education model has been based on scarcity and assumed limited educational resources.
Today, he said, the development and availability of open education resources are challenging these assumptions and suggest that that model is changing. This…
InnovaSafe, Inc., Partners with Chaperon, LLC, to Offer IP-Ensure Secure Solutio …
Valencia, Calif., Oct. 6, 2008 — InnovaSafe, Inc., a worldwide leader in intellectual property risk management solutions, has announced a partnership with Chaperon, LLC, of Louisville, Colo., to offer its customers Chaperon's secure, active escrow solution and its secure intellectual property (IP) inspecting station. This strategic partnership provides InnovaSafe clients with the opportunity to set up secure, central IP escrow repositories that can be updated in real time. Chaperon’s inspecting…
Republic of Ireland and Northern Ireland Master Franchise Rights Opportunity wit …
One of the UK’s leading franchise consultancy and publishing investment companies, Franchise Development Services (FDS), is seeking to award the simultaneous Master Franchise rights for the Republic of Ireland and Northern Ireland.
The volume of business emanating from Ireland is considered sufficient to award the Master Franchise rights to a suitable company or a group of individuals who can develop the business to its full potential. With over 500 franchises…
Connecticut Businessman Named to Hall of Fame
SEYMOUR — Local businessman Larry Janesky was recently chosen as one of five Fairfield County business people named to the 2008 Junior Achievement of Western Connecticut Free Enterprise Hall of Fame, sponsored by Pitney Bowes. Janesky and the other honorees were given their awards at the Hall of Fame dinner in Bridgeport where Gov. M. Jodi Rell was the honorary chair.
Basement Systems (basementsystems.com) in Seymour, Connecticut, is the largest basement…
Partnership Chaperon-Secure and First German Escrow
First German Escrow of Moenchengladbach, Germany, and Chaperon LLC of Louisville, Coloroda, USA, this week announced a partnership to provide customers with a complete, secure online service for source code inspection and intellectual property escrow services. The service includes Chaperon’s Secure Source Code Inspecting Station and FGE’s intellectual property protection for software developers (licensors) and business continuity assurance for licensees by placing a verified copy of source code into…
ELIG sets learning priorities in Europe for 2009
Exploring a compelling vision of learning in the 21st century; demonstrating how ‘learning’ can ensure economic survival in the light of the current global financial crisis, and promoting technology for ‘upskilling’ learning as well as building knowledge and skills within professional communities are the priorities for The European Learning Industry Group (ELIG) in 2009. These priorities were agreed at the organisation’s annual general meeting (AGM), which was held in Sestri…
NBB Introduces Branding Collections for Beauty Salons
November 6, 2008. Syracuse, NY – Nationwide Beauty & Barber Supply (NBB) is proud to introduce their new “Mind Your Business” branding collections designed specifically for beauty salons. Each collection contains gift certificates, appointment cards, postcards and a frame-able poster. The elements of the collections can be purchased separately, or as a package. They will be featured in the November-December issue of NBB’s supply catalog and on their website.
Entitled “Beauty…
Maple Grove Bank Hosts Annual Holiday Open House
Americana Community Bank, americanafinancial.com, is inviting its current customers and Maple Grove residents to its annual Celebrate Generosity Holiday Open House on Friday, November 14 from 11a.m. to 4 p.m., at the Maple Grove branch, 9495 Black Oaks Lane North, Maple Grove, Minn. 55311. As part of Celebrate Generosity, from November 14 to December 31, 2008, Americana Community Bank customers may recognize the good works of their favorite nonprofit organizations,…
Bodywear Expo 08: Remarkable response from manufacturers, buying houses, retaile …
Body-wear 08 is the online tradefair for Intimate Apparel on the Internet, organized by fibre2fashion.com. The event has been much applauded and immensely appreciated by the industry segment that focuses on business networking and direct trade amongst Exporting Manufacturers, Importing wholesalers, Agents, Importing Retailers, and Buying Houses of Body-wear products. The event facilitates a complete and systematic trade of women’s intimate apparel and Men’s inner Body wear and leaves an…
Eurofins acquires Modulo Uno
New Service Portfolio in Product Testing - Through the recent acquisition of Modulo Uno, Eurofins now ranks among the leading test houses in Italy and strengthens its position on the European market. "The broad portfolio of inspections and services offered by Modulo Uno, their experience of more than three decades and their comprehensive range of accreditations will greatly enhance our cross-selling potential and complement our range of services." says Jörg-Timm…
