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NEW YORK - Thursday, November 1st 2012 [ME NewsWire]
Transaction Values Warnaco at $2.9BN – a 34% Premium Over its Last Closing Price
Reunites the House of “Calvin Klein” to Ensure Single Brand Vision
PVH Will Have Established Operations in Every Major Consumer Market Worldwide
Acquisition Enhances PVH’s Long-Term Growth and Profitability Driven by “Calvin Klein” and “Tommy Hilfiger”
Transaction Accretive to Year One Earnings by $0.35 Per Share, Excluding One-Time and Transaction Related Costs
(BUSINESS WIRE)-- PVH Corp. (NYSE: PVH) and The Warnaco Group, Inc. (NYSE: WRC) today announced that they have entered into a definitive merger agreement pursuant to which PVH will acquire Warnaco and holders of Warnaco common stock will receive $51.75 in cash and .1822 of a share of PVH common stock for each share of Warnaco common stock. The transaction values Warnaco at approximately $2.9 billion. With over $8 billion in pro forma revenue, PVH will be one of the largest and most profitable global branded lifestyle apparel companies in the world, with a diversified portfolio of iconic brands led by Calvin Klein and Tommy Hilfiger, as well as heritage brands –Van Heusen, IZOD, ARROW, Bass, Speedo, Olga and Warner’s.
Based on PVH’s last closing stock price, the per share value of the consideration to be received by Warnaco stockholders is $68.43, a 34% premium over the last closing price of Warnaco common stock. The merger, which has been unanimously approved by the Boards of Directors of both companies, is expected to close in early 2013, at which time the former Warnaco stockholders will own approximately 10% of the outstanding common stock of PVH. In addition, Helen McCluskey, Warnaco’s President and Chief Executive Officer, is expected to join PVH’s Board of Directors. The Warnaco Board of Directors has unanimously recommended that Warnaco stockholders approve the transaction.
PVH anticipates approximately $100 million of annual run rate synergies from the transaction, which will be fully realized over three years. In order to achieve these synergies, PVH expects to incur one-time costs of approximately $175 million over three years. PVH expects the transaction to be $0.35 per share accretive to earnings in the first full year (fiscal 2013, if the deal closes when currently anticipated), excluding one-time integration costs and transaction expenses but including the effect of the potential loss of a license. When the $100 million of expense synergies are fully realized in year 3, PVH would expect the transaction to be accretive to earnings by $1.00 per share, excluding one-time integration costs and including the effect of the potential loss of a license.
“This is a unique opportunity to reunite the ‘House of Calvin Klein’ and reinforces our strategy to drive the global growth of Calvin Klein,” said Emanuel Chirico, Chairman and Chief Executive Officer of PVH. “Having direct global control of the two largest apparel categories for Calvin Klein – jeans and underwear – will allow us to unlock additional growth potential of this powerful designer brand across all major product categories, geographies and distribution channels. The Warnaco Calvin Klein businesses will be moved onto our Calvin Klein platform under the leadership of Tom Murry, President & Chief Executive Officer, Calvin Klein, to ensure a single brand vision globally.”
Helen McCluskey, President and Chief Executive Officer of Warnaco, said, “This transaction delivers compelling value to our stockholders and significant benefits for the combined company. We are proud of what we have accomplished, driving growth and profitability and increasing our share price by roughly 500% since our restructuring in 2003. Our team has built a strong global infrastructure, expanded our direct-to-consumer footprint and created a solid foundation for long-term growth. We look forward to the opportunities this combination brings to the continued success of Calvin Klein Jeans and Calvin Klein Underwear, the increased potential for our heritage brands, and the future for our associates.”
“PVH has a proven track record of successfully integrating acquisitions. We are confident this transaction will create tremendous value for stockholders, as well as provide enhanced opportunities around the world for both companies’ respective associates, vendors and other business partners,” said Mr. Chirico. “We plan to align Warnaco’s established operations in Asia and Latin America with our strong operations in North America and Europe to fuel our growth strategies for both Calvin Klein and Tommy Hilfiger. We remain firm in our belief that the strength of our brands, the sound execution of our business strategies, and our strong credit profile will continue to drive long-term growth and improvements in our financial performance and business returns in 2013 and beyond.”
The closing of the transaction is subject to customary conditions, including approval by the holders of a majority of the outstanding shares of Warnaco common stock and approval under applicable antitrust and competition laws. Commitments for $4.325 billion of financing (consisting of a bridge credit facility and a senior secured credit facility) have been received from Barclays, BofA Merrill Lynch and Citigroup Global Markets Inc. subject to customary conditions. The facility will be used to refinance debt, fund the cash portion of the consideration, pay other transaction related expenses, and provide liquidity for PVH going forward.
Third Quarter and Full Year 2012 Guidance
PVH Corp. currently expects its non-GAAP earnings per share for the third quarter and full year 2012 to be at least at the top end of its guidance range previously announced on October 2, 2012.
Warnaco plans to report its third quarter 2012 earnings results on Monday, November 5, 2012. While its reported results of operations are not yet final, Warnaco expects third quarter net revenues of approximately $612 million and expects third quarter earnings per share from continuing operations in line with analyst consensus expectations. Warnaco is also reaffirming its previously announced fiscal 2012 guidance, excluding any one-time costs related to the transaction announced today.
Advisors
Peter J. Solomon Company is serving as lead financial advisor to PVH in connection with the acquisition and financing of the transaction and sole advisor to the PVH Board of Directors, and provided a fairness opinion to PVH. Wachtell, Lipton, Rosen & Katz is serving as legal advisor to PVH.
Barclays, BofA Merrill Lynch and Citigroup Global Markets Inc. will arrange and lead the financing for the transaction. Barclays, BofA Merrill Lynch and Citigroup also acted as financial advisors to PVH.
J.P. Morgan is serving as exclusive financial advisor to Warnaco, and provided a fairness opinion to Warnaco. Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal advisor to Warnaco.
Conference Call and Webcast Details
PVH will provide further details regarding this announcement on a conference call and webcast with the investment community scheduled for Wednesday, October 31, 2012 at 8:30AM Eastern Time. The webcast can be accessed at www.pvh.com via the PVH News Announcement icon or dial 888-205-6743 in the U.S. or 913-312-0413 (toll) from outside the U.S., using passcode number 1476035. Additional materials related to the transaction are available under the Investors tab at www.pvh.com.
The live webcast of the Company’s presentation, as well as the audio replay, which will be available beginning three hours after the conference ends, may be accessed by logging onto www.pvh.com by using the PVH News Announcement icon or going to the Webcasts section under the Investors tab. Materials for this presentation will also be available onwww.pvh.com in the Webcasts section under the Investors tab.
About PVH Corp.
PVH Corp., one of the world’s largest apparel companies, owns and markets the iconic Calvin Klein and Tommy Hilfiger brands worldwide. It is the world’s largest shirt and neckwear company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, Tommy Hilfiger, IZOD, ARROW, Bass and G.H. Bass & Co., and its licensed brands, including Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Sean John, Chaps, Donald J. Trump Signature Collection, JOE Joseph Abboud, DKNY, Ike Behar and John Varvatos.
About Warnaco Group, Inc.
The Warnaco Group, Inc., headquartered in New York, is a leading global apparel company engaged in the business of designing, sourcing, marketing and selling men’s, women’s and children’s sportswear and accessories, intimate apparel, and swimwear under such owned and licensed brands as Calvin Klein®, Speedo®, Chaps®, Warner's® and Olga®.For more information, visit www.warnaco.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements and information about our current and future prospects and our operations and financial results, which are based on currently available information. Actual future results and financial performance could vary significantly from those anticipated in such statements. The forward looking statements include assumptions about our operations, such as cost controls and market conditions, and the proposed merger (including its benefits, results, effects and timing) that may not be realized.
Risks and uncertainties related to the proposed merger include, among others: the risk that Warnaco’s stockholders do not approve the merger; the risk that regulatory approvals required for the merger are not obtained or are obtained subject to conditions that are not anticipated; the risk that the other conditions to the closing of the merger are not satisfied; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the merger; uncertainties as to the timing of the merger; competitive responses to the proposed merger; costs and difficulties related to the integration of Warnaco’s businesses and operations with PVH’s business and operations; the inability to obtain, or delays in obtaining, cost savings and synergies from the merger; unexpected costs, charges or expenses resulting from the merger; litigation relating to the merger; the inability to retain key personnel; and any changes in general economic and/or industry specific conditions. Additional factors that could cause future results or events to differ from those we expect are those risks discussed under Item 1A, “Risk Factors,” in PVH’s Annual Report on Form 10-K for the fiscal year ended January 29, 2012, Warnaco’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011, Warnaco’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2012, and other reports filed by PVH and Warnaco with the Securities and Exchange Commission (SEC). Please read our “Risk Factors” and other cautionary statements contained in these filings. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, the occurrence of certain events or otherwise. As a result of these risks and others, actual results could vary significantly from those anticipated in this press release, and our financial condition and results of operations could be materially adversely affected.
ADDITIONAL INFORMATION AND WHERE TO FIND IT
In connection with the proposed merger discussed in this press release, PVH will file with the SEC a Registration Statement on Form S-4 that will include a Proxy Statement of Warnaco and a Prospectus of PVH, as well as other relevant documents concerning the proposed transaction. WARNACO STOCKHOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND THE PROXY STATEMENT/PROSPECTUS REGARDING THE MERGER WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
A free copy of the Proxy Statement/Prospectus, as well as other filings containing information about PVH and Warnaco, may be obtained at the SEC’s Internet site (http://www.sec.gov). You will also be able to obtain these documents, free of charge, from PVH at www.pvh.com under the heading “Investors” or from Warnaco by accessing Warnaco’s website at www.warnaco.com under the heading “Investor Relations.”
PVH and Warnaco and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Warnaco in connection with the merger. Information about the directors and executive officers of PVH and their ownership of PVH common stock is set forth in the proxy statement for PVH’s 2012 annual meeting of stockholders, as filed with the SEC on Schedule 14A on May 10, 2012. Information about the directors and executive officers of Warnaco and their ownership of Warnaco common stock is set forth in the proxy statement for Warnaco’s 2012 annual meeting of stockholders, as filed with the SEC on Schedule 14A on April 11, 2012. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the Proxy Statement/Prospectus regarding the merger when it becomes available. This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50460388&lang=en
Contacts
Investors:
PVH Corp.
Dana Perlman
Treasurer, SVP Business Development & Investor Relations
danaperlman@pvh.com
(212) 381-3502 (temporarily unavailable)
(908) 698-5518
Deborah Abraham
Vice President, Investor Relations
(212) 287-8289
Media:
PVH Corp.
Meghan Gavigan /
Dan Gagnier / Jonathan Doorley /
Nathaniel Garnick
Sard Verbinnen & Co
mgavigan@sardverb.com
(312) 895-4737 /
(212) 687-8080
Jeffrey Taufield / Wendi Kopsick
Kekst and Company
(212) 521-4800
HIGHLAND HEIGHTS, Ky. - Thursday, November 1st 2012 [ME NewsWire]
(BUSINESS WIRE)-- General Cable Corporation(NYSE: BGC), one of the most globally diversified industrial companies, reported today results for the third quarter ended September 28, 2012. Non-GAAP adjusted earnings per share of $0.60 were within management’s range of expectations. Included in this result is $0.12 per share of additional tax expense recorded in the third quarter reflecting an increase in the Company’s estimated full year effective tax rate with the cumulative adjustment of the first half of the year being reported in the third quarter as well as other incremental discrete tax items. Operating income of $75.4 million exceeded management’s range of expectations for the third quarter as operating results in the Company’s Rest of World (ROW) segment and increased submarine and land based turnkey project activity more than offset seasonal declines in many of the businesses in the Company’s North American and Europe and Mediterranean segments. Diluted earnings per share for the third quarter of 2012 were $0.62. A reconciliation of Non-GAAP earnings per share to GAAP earnings per share and adjusted operating income to reported operating income is included on page 5 of this press release.
The Company’s reported results for the third quarter of 2012 include less than one fiscal month of incremental net sales and unit volume from the Alcan Cable North America acquisition completed on September 4, 2012. The business contributed approximately $48 million of net sales on 21 million aluminum pounds sold during this period. As expected, Alcan Cable North America earnings for this period were de minimis as purchase accounting adjustments offset the base earnings in the business. All unit volume comparisons on the Company’s base business discussed throughout this press release exclude the 21 million incremental contribution of metal pounds sold attributable to this acquisition unless otherwise noted.
Highlights
Adjusted EPS of $0.60 within management’s guidance and operating income of $75.4 million exceeded management’s guidance of $65 to $75 million
Completed the acquisition of the North American portion of Alcan Cable which further enhances the Company’s electric utility and construction product offering in North America
Completed the acquisition of a majority interest in Procables, S.A. of Colombia on October 1, 2012; expanding the Company’s market position in the Andean region and its geographic coverage throughout the Americas, which is one of the most extensive in the wire and cable industry
Signed definitive agreement to acquire Prestolite Wire, LLC which offers a broad range of wire and cable products serving predominately transportation original equipment manufacturers (OEM) and distributors
Amended and enlarged the Company’s U.S. and Canadian asset-based revolving credit facility by increasing the size to $700 million and extending its maturity date to 2017; enhancement principally supports the acquisition of Alcan Cable while maintaining financial flexibility and liquidity
Solidified the capital structure while tranching out the debt maturity profile with the issuance of $600 million of 5.75% senior notes due in 2022; completed the call of $200 million of 7.125% senior fixed rate notes due in 2017 on October 12th; retired $11 million of 1.0% senior convertible notes due in 2012 on October 15th
Board of Directors authorized another $125 million share repurchase program; under the existing share repurchase authorization, which expired on October 28th, the Company repurchased $63.7 million or about 5% of its common shares over the past 12 months
Restatement
The Company has identified certain inventory related accounting errors in two facilities located in Brazil and a third facility located in South Africa within the Company’s ROW segment that were erroneously computing cost of sales over the course of several years, resulting in an understatement of cost of goods sold and an overstatement of ending inventory. All three locations were utilizing the same system and related process, which, with respect to work-in-process and finished goods, incorrectly computed cost of sales. In addition, because the erroneous process was in place at one of the Brazilian facilities prior to the Company’s acquisition of Phelps Dodge International Corporation (“PDIC”) in 2007, the Company overstated inventory in its allocation of the purchase price among assets acquired, resulting in an understatement of goodwill.
On October 26, 2012, the Audit Committee of the Company’s Board of Directors, upon the recommendation of the Company’s executive officers, concluded that due to these inventory related accounting errors within the Company’s ROW segment in two countries as described above, the Company’s previously issued consolidated financial statements for fiscal years 2009 through 2011 and the related reports of its independent registered public accounting firm, the interim periods during those years, and the financial statements as of, and for the periods ended March 30, 2012 and June 29, 2012 should no longer be relied upon.
To view the full report and tables please click here.
Contacts
General Cable Corporation
Len Texter, Manager, Investor Relations, 859-572-8684
The Netherlands - Thursday, November 1st 2012 [ME NewsWire]
EMC Momentum Europe 2012
(BUSINESS WIRE/ME NewsWire)-- euroscript is proud to announce that DSM, the global Life Sciences and Materials Sciences company, has decided to use the eDRG integrated within Documentum D2 because of its simple configuration and customization capabilities.
DSM was searching for a product that could handle all reporting needs for their Documentum system.
“We chose the eDRG for its integration in D2 Client, the ways queries are built for reports, its flexibility in defining report templates, functionalities as adhoc reports and scheduled reports and the rules to define if the final report is sent, stored or opened. Even with lots of functionality in eDRG, learning eDRG to use reports, build reports and report templates and manage them is found quite easy,” says Mark Boon, Solution Designer at DSM ICT.
“For a few years now, the euroscript Delt Netherlands team has been working on the development of a Documentum add-on that generates customized reports, available in a variety of formats. This resulted recently in the Designed for EMC Documentum accreditation. We are very happy to welcome DSM as our latest customer for the eDRG. It shows that the eDRG meets all the criteria a big multinational like DSM has,” says René Blanken, Managing Director of euroscript Delt Netherlands.
The euroscript Delt Report Generator is the only fully D2 integrated reporting solution in the world, currently used by many companies from a variety of industry sectors. Its success is such that DMS has been invited to detail their Documentum D2 environment and how eDRG is used within the organization, at EMC Momentum Europe 2012 next edition due to take place in Vienna.
euroscript is a leading provider in global content lifecycle management solutions. The euroscript International divisions deliver comprehensive solutions that help customers design, build and run content management operations of all sizes. Thanks to its employees’ expertise in the fields of consulting, system integration, language services as well as content and document management, euroscript is able to help businesses worldwide to manage content more efficiently.
With a market presence in over 18 countries, euroscript serves customers in a variety of business sectors. www.euroscript.com
Contacts
Euroscript
Press Relations Contacts
Isabelle Pericarpin, + 352 314 411 446
isabelle.pericarpin@euroscript.com
INGELHEIM, Germany - Wednesday, October 31st 2012 [ME NewsWire]
Presentation of RELY-ABLE® study results: First and only long-term efficacy & safety data on a novel oral anticoagulant for stroke prevention in atrial fibrillation (AF) to be announced in the Clinical Science: Special Reports session
New sub-analyses from the 18,000 patient landmark trial RE-LY® also discussed
Real-world clinical data for VTE prevention in total knee or hip replacement to be presented
(BUSINESS WIRE)-- For Non-US, Non-UK & Non-Canadian Media Only
Widely anticipated results from RELY-ABLE®, the first long-term follow-up study of a novel oral anticoagulant treatment for stroke prevention in AF, will be among the numerous clinical reports on Pradaxa® (dabigatran etexilate) to be presented at the American Heart Association’s (AHA) Scientific Sessions in Los Angeles from 3-7 November.1 The wealth of evidence being presented for Pradaxa® at this year’s AHA sheds light on the clinical, long-term and real-world benefits of the treatment for patients at risk for thromboembolic events worldwide.
The RELY-ABLE® results presented are the first randomized follow-up data indicating how a novel oral anticoagulant is performing over more than four years of treatment duration.1These important results will provide knowledge on the consistency of benefits offered by the treatment and support physicians in their search for optimal stroke protection. RELY-ABLE® is the long-term extension study of the RE-LY® trial, one of the largest phase III trials to investigate the prevention of stroke and systemic embolism in patients with non-valvular atrial fibrillation.1-3
RELY-ABLE® oral presentation information:
Title
Lead Author
Presentation details
Randomized Comparison of the Effects of Two Doses of Dabigatran Etexilate on Clinical Outcomes Over 4.3 Years: Results of the RELY-ABLE Double-blind Randomized Trial
Stuart J Connolly, McMaster Univ, Hamilton, ON, Canada
CS.04. Clinical Science: Special Reports: Valvular Heart Disease, PAD, Atrial Fibrillation: International Perspectives
Wed, Nov 7, 11:55 - 12:05 PT
The RELY-ABLE® study conclusions will be discussed during an exclusive online data webcast available on demand for medical media from 9 a.m. CET on Thursday 8 November –www.newshome.com.
Additional studies on Pradaxa® being presented at the AHA Scientific Sessions
In addition to RELY-ABLE®, several reports including novel RE-LY® subanalyses, clinical real-world experience and preclinical studies on Pradaxa® will be presented at the AHA Scientific Sessions. Of particular note will be results from real-world practice examining the safety and efficacy of Pradaxa® for the prevention of venous thromboembolism after total knee or hip replacement,4 as well as updates from the Boehringer Ingelheim Research & Development Programme regarding an antibody fragment antidote for rapid reversal of the anticoagulant effect of Pradaxa®.5
Further Pradaxa® abstracts being presented at AHA:*
ATRIAL FIBRILLATION
RE-LY® trial sub-analyses:
Comparison of Dabigatran versus Warfarin in Diabetic Patients with Atrial Fibrillation: Results from the RE-LY Trial Lead Author: H. Darius, Poster No. 15937, Sunday 4 November, 3:00 p.m. - 4:30 p.m.
Dabigatran Versus Warfarin in Very Elderly Patients with Atrial Fibrillation: Results from the RE-LY Trial Lead Author: M. Coppens, Oral Presentation 15537, Monday 5 November, 9:30 a.m. - 9:45 a.m.
Balancing the Benefits and Risks of Two Doses of Dabigatran Compared with Warfarin in Atrial Fibrillation Lead Author: J. Eikelboom, Presentation 14433, 11:30 a.m. - 11:45 a.m.
Importance of Persistent Elevation of Cardiac Biomarkers in Atrial Fibrillation - A RE-LY Substudy Lead Author: Z. Hijazi, Oral Presentation 14808, Tuesday 6 November, 4:45 p.m. - 5:00 p.m.
Other key AF abstracts:
Cluster Randomized Controlled Trial to Test The Effect of a Multifaceted Comprehensive Cardiovascular Care Intervention on Clinical Outcomes in Atrial Fibrillation Patients Receiving Dabigatran Lead Author: R. Nieuwlaat, Oral Presentation 12618, Monday 5 November, 9:00 a.m. - 9:15 a.m.
Regional Variation in Ischemic Stroke Rates and Oral Anticoagulant Use Among the Non-Valvular Atrial Fibrillation Medicare Population Lead Author: K. Fitch, Poster No. 12992, Tuesday 6 November, 9:30 a.m. – 11:00 a.m., presented by K. Siu
Association between Outpatient Visits Following Hospital Discharge and Readmissions among Medicare Beneficiaries with Atrial Fibrillation Lead Author: M. Hubbard, Poster No. 11367, Tuesday 6 November, 9:30 a.m. - 11:00 a.m., presented by K. Siu
Incidence of Bleeding Events in Patients with Atrial Fibrillation Lead Author: T. Murray-Thomas, Poster No. 14178, Tuesday 6 November, 3:00 p.m. - 4:30 p.m., presented by A. Clemens
Cost-Effectiveness of Dabigatran Etexilate versus Rivaroxaban for Stroke and Systemic Embolism Risk Reduction in Atrial Fibrillation: A US Third Party Payer Perspective Lead Author: D. Walker, Poster No. 14964, Wednesday 7 November, 9:30 a.m. – 11:00 a.m.
Primary prevention of VENOUS THROMBOEMBOLISM in patients after total knee or hip replacement surgery:
Safety and Efficacy of Once Daily 220 mg Dabigatran Etexilate in a Real-World Non-Interventional Study of More Than 5000 Patients After Total Knee or Hip Replacement Lead Author: N. Rosencher, Poster No. 10001, 3:00 p.m. - 4:30 p.m.
PRE-CLINICAL STUDIES:
The Influence on Plaque Formation and Endothelial Function in ApoE-Deficient Mice by Direct Thrombin Inhibition with Dabigatran Lead Author: M.T. Kratz, Poster No. 14060, Sunday 4 November, 9:30 a.m. - 11:00 a.m.
Reversal of Anticoagulant Activity of Dabigatran and Dabigatran-induced Bleeding in Rats by a Specific Antidote (Antibody Fragment) Lead Author: J. van Ryn, Oral Presentation 9928, Monday 5 November, 9:15 a.m. - 9:30 a.m.
Successful Reversal of Dabigatran-Induced Bleeding by 3-Factor Coagulation Concentrates in a Rat Tail Bleeding Model: Lack of Correlation with ex vivo Markers of Anticoagulation Lead Author: J. van Ryn, Oral Presentation 11955, Monday 5 November, 11:30 a.m. - 11:45 a.m.
* Abstracts will be available on the AHA Scientific Sessions Website on Saturday, November 3, 2012
~ENDS~
Please click on the link below for ‘Notes to Editors’ and ‘References’:
http://www.boehringer-ingelheim.com/news/news_releases/press_releases/2012/31_october_2012_dabigatranetexilate.html
Contacts
Boehringer Ingelheim GmbH
Corporate Communications
Media + PR
Julia Meyer-Kleinmann
Phone: +49 6132 77 8271
E-mail: press@boehringer-ingelheim.com
Twitter: http://twitter.com/Boehringer
More information: www.boehringer-ingelheim.com
BUSINESS WIRE / ME NewsWire BERTRANGE, Luxembourg - Thursday, November 1st 2012
euroscript chooses Interverbum Technology's TermWeb terminology management solution as a component of its Global Content Management solution.
This will allow euroscript to better support its modular offering of tailored terminology services and add tangible value to its customers’ terminology assets.
“Our customers recognize the value of their corporate terminology assets to strengthen their unique footprint and to streamline internal information management," says Karina Martínez Ferber, Director Processes & Technology at euroscript International S.A."Such assets need to be accessible for employees and other stakeholders and well-integrated in the content lifecycle. euroscript provides customers with the right services and tools along the entire lifecycle. Interverbum’s TermWeb will enable us to offer to our customers secured online access to their multilingual dictionaries and true terminology collaboration. Together with euroscript’s solutions for terminology extraction and consolidation, combined with our training and consultancy services, this rounds out our terminology services line.”
Ioannis Iakovidis, Managing Director at Interverbum Technology adds, “euroscript has gained its prominence in the European and global language sector thanks to its ability to proactively invest in serving its customers with the most advanced solutions available. We look forward to supporting their customers’ branding and communication efforts through the addition of our best-in-class terminology management solutions.”
euroscript is a leading provider in global content lifecycle management solutions. The euroscript International divisions deliver comprehensive solutions that help customers design, build and run content management operations of all sizes. Thanks to its employees’ expertise in the fields of consulting, system integration, language services as well as content and document management, euroscript is able to help businesses worldwide to manage content more efficiently.
With a market presence in over 18 countries, euroscript serves customers in a variety of business sectors. www.euroscript.com
Interverbum Technologyis a software company dedicated to solving the content creation and translation challenges of global organizations. Its terminology management system, TermWeb, is a Web-based solution that integrates seamlessly with content and translation management systems and processes. It is compatible with software platforms such as SDL Trados Studio, Microsoft Office, Ontram, XTM and Acrolinx IQ. Interverbum Technology has offices in Sweden, Germany, Singapore and the United States. www.interverbumtech.com
Contacts
Press Relations Contacts
euroscript
Isabelle Pericarpin, + 352 314 411 446
isabelle.pericarpin@euroscript.com
Interverbum Technology
Ioannis Iakovidis, + 46 13 32 98 40
ioannis.iakovidis@interverbumtech.com
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ALuu Downgrade: Man Goated and Rammed for stealling Sallah Ram inset photos of Man tied to goat nakedA man was served with Jungle Justice after stealing ram during the Sallah celebrations. We all know it is wrong to steal another man's prop… Started by Weboga in Na Wa O ! |
5 | 2 hours ago Reply by susan |
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US under "attack" :Sandy kills 39 as National Guard mobilized as power Shutsdown 11m homes in North East AmericaAt least 39 people have been killed, millions are without power and transport across the north-eastern United States has been severely disr… Started by Weboga in News of the world cnn allafrica nigeria |
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Hurricane Sandy is "coming" to Lagos Nigeria in 7days- Authorities warn .The Lagos State Government on Tuesday warned residents of the state to prepare for the ripple effect of Hurricane Sandy in the state. Hurr… Started by Weboga in Na Wa O ! |
3 | 15 hours ago Reply by Augustine O.E.Uwah |
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Ist Lady of Oyo State & the 52nd Trip More Confirmation come in of her ARREST in the UK for Money LaunderingThe Metropolitan Police has confirmed the arrest of Florence Ajumobi, wife of Governor Abiola Ajimobi of Oyo state for allegedly being in p… Started by Weboga in Occupy Nigeria Yes We CAN THE THE RVP PROJECT
ALERT: Thanking All members Nationwide who have applied for distributorship of our monthly book magazine The 9jabook .please bear with us as we go to press for the first Edition billed for mid November All those that have been selected will get an email of confirmation before the end of Next week Thanks for the massive applications . We were truly overwhelmed . Weboga,for 9jabook
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Julius Berger,RCC take over Lagos- Ibadan Expressway as FG cancels Indigenous Bi-Courtney N10bn concession dealThe Federal Government, Monday, cancelled the concession of the Lagos- Ibadan Expressway awarded to Bi-Courtney Consortium on May 8, 2009 a… Started by you in Construction |
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Kano 419 Barman Yahooze Con: Beware who is buying you drinks or anything else Crazy WorldGodfrey Agbejule wrote from Kano I LEFT KANO EARLY TUESDAY MORNING ON A SHORT TRIP TO SOKOTO, ON MY WAY OUT OF MY HOTEL I NOTICED THAT SO… Started by you in EFCC Nigeria Crime Reports |
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World Toilet Day: Nigeria Joined To Mark itAs Nigeria joined the rest of the world to mark this year’s World Toilet Day, a joint UNICEF and World Health Organisation 2012 report has… Started by you in News of the world cnn allafrica nigeria |
0 | 1 hour ago |
Abuja University Shut Down over Unrested StudentsThe University of Abuja has been ordered shut down by its authorities. The University was shut Monday morning following students’ unrest.… Started by you in Campus gist uniben unilag or maulag esut UI |
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7 Mistakes Your Business Is Making On LinkedIn the facebook for Business ..... Read more:LinkedIn isn't just a good resource for professionals. When used the right way, it can be a powerful tool for businesses too—and not just f… Started by you in Weboga:Technology & Science techstartup nigeria |
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The 16 "Smartest" People On Earth Number One is Greek. No Woman / No African No BlackmanPhoto courtesy of Tim Roberts Tim Roberts, a professor in Australia, makes the list with an IQ of 178. IQ is a problematic measure of int… Started by you in Weboga:Technology & Science techstartup nigeria |
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Geniuses Are The Loneliest People On EarthImage courtesy of Peter Donald Rodgers Peter D. Rogers has an IQ of 175. Australian Peter D. Rodgers has one of the highest IQs in the wo… Started by you in Weboga:Technology & Science techstartup nigeria |
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Isreal's Iron Dome: How Israel & US/Obama $200M Developed Such A Shockingly Effective Rocket Defense SystemOn the receiving end of Hamas' unremitting rocket campaign, Israel has been looking for an effective defense for years. With questio… Started by you in News of the world cnn allafrica nigeria |
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Isreal Conflcit is Egypts Morsi the messaiah ? As Ground War may soon commence after 6th Day of Rocket BombingsWITH the five-day aerial battle between Israel and Hamas poised to escalate into all-out ground war, the unlikely figure of Egypt's Islam… Started by you in News of the world cnn allafrica nigeria |
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Legalize It ? What Marijuana Does To Your Body And MindWith the recreational use of marijuana about to be legal in two states, Colorado and Washington, we thought now would be an important time… Started by you in Health |
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Ibori $15m bribe: Lagos Refrigerator repairer Petitions Court to Take Custody of Ibori "Cake" in bizarre turn of eventsA Lagos based refrigerator repairer, Olalekan Bayode has applied to the Federal High Court sitting in Abuja to appoint him as a manager o… Started by you in Na Wa O ! |
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ALERT: Thanking All members Nationwide who have Weboga,for 9jabook
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