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BUSINESS WIRE / ME NewsWire CHALFONT ST. GILES, England - Thursday, October 18th 2012

    The campaign reflects the healing power and international reach of music
    The company aims to strengthen connections and deliver its health prevention message to a broader audience

Today GE Healthcare announced the launch of ‘Give a Little Beat’, a musical initiative and a first in the healthcare industry, to connect people in the fight against breast cancer through the power of music and social media. By visiting www.givealittlebeat.com, users will be able to share and listen to songs from the online GE Healthcare’s Jukebox, powered by Spotify, the leading digital music service, in support of breast cancer patients and to raise awareness about the disease.

Much research has been done on the physical and emotional effects of music. According to the American Cancer Society, there is evidence that alongside conventional treatment, music therapy can help to reduce pain and relieve chemotherapy-induced nausea and vomiting. It may also relieve stress and provide an overall sense of well-being. Some studies have found that music therapy can lower heart rate, blood pressure, and breathing rate.1,2

“We are conscious of the healing power of music and its universal reach, which cuts through geographical and cultural barriers. We strongly believe that music and social media are the best way to connect people in the fight against breast cancer and to spread the powerful message that early detection can save lives”, said Jeff DeMarrais, GE Healthcare's Chief Communications Officer.

GE Healthcare pioneers ‘Give a Little Beat’ campaign, an open invitation to submit a song or listen to any of the songs from the “Hope”, “Love”, “Party” and “Shout” playlists on GE Healthcare’s Jukebox. People can participate by visiting www.givealittlebeat.com or the ‘Give a Little Beat’ Facebook App. Songs will be also shared through Twitter, and other social media platforms, with the #BCMBeats hashtag.

This initiative supplements the recent campaign announced by GE Healthcare to mobilize thousands of GE employees to form 'Human Ribbons' and visually demonstrate the global fight against the disease during October, Breast Cancer Awareness Month. It also reinforces the messages posted on GE’s Breast Cancer Mosaic, a dedicated site created to share stories from breast cancer survivors, family members and healthcare professionals to increase awareness around the disease and to inspire those who are going through a difficult time.

Come join us - GE Healthcare’s Jukebox is just getting started: the ‘Give a Little Beat’ for Breast Cancer campaign is the first of many inspiring initiatives powered by Spotify that the company will launch in the coming months.

1American Cancer Society. Music Therapy. Retrieved Oct, 18 2012 from http://www.cancer.org/Treatment/TreatmentsandSideEffects/ComplementaryandAlternativeMedicine/MindBodyandSpirit/music-therapy

2BreastCancer.Org. Music Therapy. Retrieved Oct, 18 2012 from http://www.breastcancer.org/treatment/comp_med/types/music

-ends-

About GE Healthcare

GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our broad expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, drug discovery, biopharmaceutical manufacturing technologies, performance improvement and performance solutions services help our customers to deliver better care to more people around the world at a lower cost. In addition, we partner with healthcare leaders, striving to leverage the global policy change necessary to implement a successful shift to sustainable healthcare systems.

Our “healthymagination” vision for the future invites the world to join us on our journey as we continuously develop innovations focused on reducing costs, increasing access and improving quality around the world. Headquartered in the United Kingdom, GE Healthcare is a unit of General Electric Company (NYSE: GE). Worldwide, GE Healthcare employees are committed to serving healthcare professionals and their patients in more than 100 countries. www.gehealthcare.com. For our latest news, please visit http://newsroom.gehealthcare.com

Contacts

Veronica Botet

Digital and Social Media PR Manager

GE Healthcare

+34 629 085281

veronica.botet@ge.com

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Eaton Enters into License with SIPCO

ATLANTA - Thursday, October 18th 2012 [ME NewsWire]

(BUSINESS WIRE)-- SIPCO, LLC is pleased to announce that Eaton Corporation has taken a license under patents in SIPCO's Wireless Mesh Patent Portfolio.

About SIPCO, LLC

SIPCO is a leading innovator of mesh networking and related technology based in Atlanta, Georgia. Founded by renowned inventor T. David Petite, SIPCO developed wireless self-organizing technologies for smart cloud applications known as Wireless Mesh used in ZigBee, Z-Wave, IEEE 802.15.4, WirelessHART, proprietary mesh network and other applications for SmartGrid, building automation, industrial controls, network backhaul, smart vehicles, home appliances, home automation and entertainment, sensor monitoring, healthcare monitoring and Internet service provisioning. SIPCO licenses its technology through world patent licensing leader MPEG LA. For more information, please refer to http://www.sipcollc.com/and http://www.mpegla.com/main/programs/wirelessmesh/Pages/Intro.aspx.

Contacts

SIPCO, LLC

Candida Petite, 678-228-1192

Cpetite@ewmesh.com

 

MPEG LA, LLC

Tom O’Reilly, 303-200-1710

toreilly@mpegla.com

 

 

 

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BUSINESS WIRE / ME NewsWire LONDON - Thursday, October 18th 2012

Lawyer biographies remain the most popular content on law firm websites in communicating expertise

LexisNexis® Legal & Professional (www.lexisnexis.com), a leading provider of content and technology solutions, today announced results from the latest LexisNexis® Martindale-Hubbell® study on how international B2B law firms are using their websites as part of their marketing programs.

Based on initial qualitative interviews conducted in April 2012 and an online, quantitative survey in July, the study “The Use of Websites in Law Firm Marketing” reflects the views of 209 law firms across six world regions (excluding the United States). Amongst all participants, offline tactics currently account for just over two-thirds of all marketing spend, compared to 38% for online – though many respondents expect this to change in the future as online methods become more widely adopted in their marketing programs.

Steve Corney, senior digital marketing manager at LexisNexis International, commented:“The study shows that the legal industry is finally recognizing the role and importance of online content in lead generation, alongside traditional offline techniques. The 38% of marketing budgets allocated to online tactics now brings the legal sector slightly above the market average of 36%.”*

As the table below illustrates, survey respondents across firms of all sizes do seem to be prioritizing their budget in online investment – reporting to allocate at least 3% of their marketing spend when developing a new website, and a further 1% on sourcing external support for the site once launched:

Size of legal practice
          

Small firms (1-20 lawyers)
          

Medium-sized firms (21-50 lawyers)
          

Larger firms (51+ lawyers)
    

Total annual marketing budget
          

Up to US$155,000
          

Up to US$775,000
          

Up to US$1.5 million (lower end)

Up to $7.5 million (higher end)
    

Website development budget (involving a major revamp)
          

Up to US$15,500 (10% of total budget)
          

Up to US$31,000 (4% of total budget)
          

In excess of US$46,500 (3 % of total budget)
    

Ongoing external support budget (annual)
          

Up to US$1,550 (1% of total budget)
          

Up to US$7,750 (1% of total budget)
          

Up to US$15,500 (1% of total budget)
    
                                          

Firms that responded to the survey perceive their website to be ‘very effective’ (34%) in helping to build their reputation and awareness of their brand. A disparity, however, lies in the role that their websites play to help generate new work. Here respondents are seemingly more ambivalent, with more than one third (36%) feeling that their website fails to sufficiently support lead generation – though this view was more prevalent amongst respondents from smaller law practices and firms that had not revamped their website for more than three years. On average, all firms surveyed tended to run their websites for two to three years before considering a re-design.

A quarter of all respondents report taking a formal approach to managing content on their website, with 25% (small, medium and large firms) using a content calendar to schedule regular updates, whilst the majority (66%) have yet to put this structure in place. When asked about the most popular content on their website, lawyer biographies are the most visited pages (85% of respondents), followed by information about practice area/sector expertise (52%) and thought leadership articles, case histories, etc. (50%).

The popularity of such content helps to explain why respondents also ranked online legal directories (61% ‘very’ and ‘somewhat’ effective) as the third most effective lead generation tactic, behind their website (74%) and Search Engine Optimisation (SEO, 62%). Adding relevant content about their lawyers, market expertise and thought leadership to online directories provides firms with further SEO benefits beyond their own website and helps to surface their content to a wider online audience to help prove credibility and generate new leads.

Whilst 71% of firms do take time to track how content on their website is used, many recognise that there is room for improvement in this area. Of these firms, only 11% report extensively using the available reporting tools and data to help measure effectiveness and return on investment, whilst 43% make little or no use of the data available.

Derek Benton, director of International Operations at Martindale-Hubbell, commented: “Technology is one of the factors that is changing the competitive landscape in the legal sector. It is positive to see how firms are using relevant content on their own website and third party sites to help produce leads more cost effectively, rather than rely only on offline channels. The challenge for marketers is to use the available reporting tools to monitor engagement and continually measure and improve the impact of online content to deliver the best return on investment.”

Download the full report

Download a free copy of the full report: “The Use of Websites in Law Firm Marketing: Examining how corporate law firms use their websites in marketing and business development”: http://bit.ly/PRlawfirmwebsites.

*Source: “The Marketing Budgets 2012 Report”, Econsultancy, in association with Experian Marketing Services, Feb 2012.

About LexisNexis Legal & Professional

LexisNexis® Legal & Professional (www.lexisnexis.com) is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal and Professional harnesses leading-edge technology and world-class content, to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. Part of Reed Elsevier, LexisNexis Legal & Professional serves customers in more than 100 countries with 10,000 employees worldwide.

Martindale-Hubbell® helps international law firms to enhance their online presence and drive more prospect enquiries through professional profiles on martindale.com® and coordination of Martindale-Hubbell lawyer ratings. martindale.com is a leading online law directory with over 13 million unique visitors every year.

Photos/Multimedia Gallery Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50444647&lang=en

Contacts

Lansons Communications

Charlotte Collins-White

+44 20 7566 9706

CharlotteCW@lansons.com

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ME Newswire / Business Wire

FORT LAUDERDALE, Fla. - Thursday, October 18th 2012

GA Telesis, LLC, today announced that it has closed on a new syndicated $100 million credit facility. Led by PNC Bank, N.A., the facility has a three year term and has participation from a total of six global and regional banks. It provides the company with additional financial resources at cost efficient and flexible terms to support the company’s growth.

Abdol Moabery, President and CEO of GA Telesis, LLC said: “The PNC team did a wonderful job pulling together a global consortium of banks and we are excited about our ability to better execute on our business plan.”

The larger credit facility has more favorable terms and conditions. With a larger group of partners globally, the new facility reflects both the international profile of GA Telesis and the confidence that the market has in the company's plans for growth.

“This new credit facility will allow GA Telesis to accelerate organic growth, acquire additional aircraft and engine assets, purchase aerospace related businesses and provide related financing solutions to airlines, aircraft and engine manufacturers, MROs and leasing companies,” Moabery added.

Contacts

GA Telesis, LLC

Beth Ginzberg, 954-676-3111

bginzberg@gatelesis.com

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Sprint to Hold Webcast

(BUSINESS WIRE/ ME Newswire)-- Sprint (NYSE: S) will hold a special webcast at 4:00 a.m. ET on October 15, 2012. Interested investors, analysts and media should monitor the Sprint website at http://newsroom.sprint.com/news/at approximately 3:55 a.m. for a link to the webcast for this special event. For those unable to view at this time, replays will be available.

About Sprint Nextel

Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel served more than 56 million customers at the end of the second quarter of 2012 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. The American Customer Satisfaction Index rated Sprint No. 1 among all national carriers in customer satisfaction and most improved, across all 47 industries, during the last four years. Newsweek ranked Sprint No. 3 in its 2011 Green Rankings, listing it as one of the nation’s greenest companies, the highest of any telecommunications company. You can learn more and visit Sprint at www.sprint.comor www.facebook.com/sprintand www.twitter.com/sprint.

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BusinessWire/ME-Newswire - ZTE Corporation (“ZTE”) (0763.Hong Kong /000063.Shenzhen), a leading global provider of telecommunications equipment, network solutions and mobile devices, today announced, that according to the latest market share report from Infonetics research, ZTE leads the worldwide market for major fixed broadband terminals.

According to the report 2012-Infonetics-2Q12-Broadband CPE and Subscribers Market Forecast released by the research firm Infonetics in September, ZTE had the highest share of both overall sales and shipments, at 10.3% and 15.8% respectively, among major fixed broadband terminals vendors for the past rolling 4 quarters.

The report shows that over the period from H2 2011 to H1 2012, the worldwide overall sales of fixed broadband terminals rose 11% YoY to US$7.19 billion and the overall shipments increased 12% YoY to 175 million units.

“The rapid development of the Internet has gradually spread from enterprises and individuals to homes with technical innovations creating new demands and experiences for households,” said Zhu Yongxing, vice president of ZTE. “ZTE works closely with operators to provide products adapted for home users, including end-to-end service platforms, management platforms, bearer networks and home terminals. The products enable abundant applications and carrier-class QoS assurances, while offering a great user experience and minimizing the total cost of ownership and energy consumption of the solutions that are based on them.”

“Over the years, we have been customizing green, flexible and extensive home networking products to help our customers provide users with quality services including IPTV, high-definition video and high-speed Internet. This has allowed us to assist in operators’ transformation and also achieve our own growth,” added Mr. Yongxing.

As a leading fixed-network equipment supplier, ZTE has always maintained rapid growth in fixed broadband terminals and constantly won orders from top-tier operators. In China, Europe, the Middle East, Africa and Latin America, in particular, ZTE holds a large market share.

By Q3 2012, ZTE’s Broadband CPE had entered over 80 countries and regions, with overall shipments surpassing 90 million units and shipments to main European operators jumping more than 100% YoY. ZTE’s Broadband CPE has been deployed on a large scale in developed countries of Europe including France, Germany, the Netherlands and Spain.

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New CDN service optimizes web applications and dynamic content delivery

BONN - Wednesday, October 17th 2012 [ME NewsWire]

(BUSINESS WIRE)-- Deutsche Telekom International Carrier Sales & Solutions (ICSS), the international wholesale arm of Deutsche Telekom AG, has announced the launch of Application Delivery Network. The new service is capable of substantially improving the performance and throughput of web applications and the provision of dynamic content.

Application Delivery Network (ADN), based on the cutting-edge CDN technology of EdgeCast, is a multi-layered, easy-to-use service that combines best practice optimizations with core technology refinements.

Through extensive testing, ADN has proven its efficiency with customized information portals, e-commerce and booking engine applications, social media services, and other online tools-all serving content that cannot be cached at the edge.

"Application Delivery Network provides significant improvements in reliability and performance, which means more engagement, more page views, more completed transactions, and more revenue for our customers," says Falk von Bornstaedt, Head of Product Marketing IP-Transit & Peering, International Carrier Sales & Solutions.

ADN also offers “whole-site” delivery implementations by serving both static and dynamic content for cases where the separation of static and dynamic content is not possible or not ideal.

With ADN, ICSS complements its CDN Solution portfolio, which is based on a global footprint. It supports content delivery requirements, be it caching, multi-platform streaming, premium storage, content security and in-depth analytics. Value-added services and the web-based, self-provisioning portal complete the CDN offering.

About Deutsche Telekom

Deutsche Telekom is one of the world’s leading integrated telecommunications companies with almost 130 million mobile customers, 33 million fixed-network lines and over 17 million broadband lines (as of June 30, 2012). The Group provides products and services for the fixed network, mobile communications, the Internet and IPTV for consumers, and ICT solutions for business customers and corporate customers. Deutsche Telekom is present in around 50 countries and has over 233,000 employees worldwide. The Group generated revenues of EUR 58.7 billion in the 2011 financial year – more than half of it outside Germany (as of December 31, 2011).

About Deutsche Telekom International Carrier Sales & Solutions (ICSS)

International Carrier Sales & Solutions (ICSS), an integral part of Deutsche Telekom’s International Businesses unit within the Europe organization, is the global communications enabler of the Deutsche Telekom Group and more than 700 external customers worldwide. As one of the largest carriers in the world, ICSS provides global voice communication, Internet connectivity to millions of eyeballs, and global roaming and messaging on next generation platforms, as well as smart content distribution, media exchange, and virtual carrier solutions. The international customers of ICSS experience seamless service provisioning, including global reach, and the highest quality. The variety of solutions provided by ICSS is based on an expanding ultramodern infrastructure: Deutsche Telekom’s international network.

For further information, see www.telekom-icss.com.

Contacts

Deutsche Telekom AG

International Carrier Sales & Solutions

Lisa Elisabeth Krenz

Tel.: +49 (0) 228 936 19588

E-mail: e.krenz@telekom.de

www.telekom-icss.com

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RT System 2– RealTIME and CableFREE seismic data acquisition system – ideal for passive seismic monitoring

BusinessWire/ME-Newswire - Wireless Seismic, Inc. announced today the sale of its RT System 2real-time and cable-less seismic data acquisition system to MicroSeismic, Inc., who will begin using RT System 2 in their passive seismic monitoring operations starting in October. Headquartered in Houston, Texas, MicroSeismic is the pioneering leader in monitoring microseismic activity using surface and near-surface seismic arrays during hydraulic fracturing activity.

“We are excited to be adding the Wireless Seismic technologyto our services portfolio,” stated Terry Jbeili, COO of MicroSeismic. “The deployment of this cable-less acquisition system will further drive operational excellence for our customers, particularly when employing real-time operations.”

“MicroSeismic has been working with Wireless Seismic for some time in the early testing and refinement of the system,” continued Jbeili. “We believe it is ideally suited for real-time microseismic acquisition.”

“We are delighted that MicroSeismic has chosen to deploy RT System 2 as a key component of the company’s new MicroSTAR frac monitoring services,” said Mick Lambert, President and COO, Wireless Seismic. “RT System 2 delivers a highly robust continuous recording capability for long-duration hydraulic fracture monitoring operations and opens the way to fully cable-lessimplementations of passive seismic monitoring where real-time data retrievalis a requirement.”

Wireless Seismic will exhibit RT System 2at the annual conference of the Society of Exploration Geophysicists (SEG) in Las Vegas, Nevada, November 4-7.

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ME Newswire / Business Wire

PARIS - Wednesday, October 17th 2012

Exceptionally Flexible and Fast CRM + CLM + Data Solution Features Breakthrough Capabilities for Increased Performance & Productivity

Cegedim Relationship Management today released the highly anticipated eighth generation of their revolutionary customer relationship management (CRM) platform, Mobile Intelligence 8 – the most advanced, comprehensive and rapidly expanding CRM solution for Life Sciences commercial, medical, key account management and market access teams. The latest release features holistic flexibility across Mobile Intelligence’s CRM + CLM + Data platform, enabling Life Sciences companies to:

    Increase their commercial productivity through meetings management via tablets
    Measure and optimize performance through out-of-the-box actionable reports
    Leverage value-added customer centric strategies through stakeholder engagement insights for stronger relationship building

Increased Usability & Stakeholder Insights to Foster Stronger Relationships

Mobile Intelligence 8 achieves increased usability with the recently revamped and compliance-ready meetings module that enables cost allocation per doctor for increased transparency via MI Touch. The latest release also delivers out-of-the-box actionable reports for Primary Care and Key Account Management (KAM) through intuitive Key Performance Indicators (KPIs) to foster maximum performance. In addition, Mobile Intelligence 8 enables commercial teams to better leverage key stakeholder engagement insights by supporting the delivery of key messages based on the stakeholder’s patient population.

Unmatched CRM Platform Capabilities and Seamless Flexibility

The Mobile Intelligence Platform empowers companies with the ability to independently manage their CRM system. Its unmatched flexibility allows for easy integration with other systems, rapid adaption of strategy and dependable functionalities to maintain compliance. Additional flexibilities include the ability to add/enhance functionalities and visualizations; seamlessly extract and load data; and holistically monitor operations. Essentially, system agility combined with Life Sciences specific functionality and CRM autonomy enables companies to consistently capitalize on growth opportunities, achieve cost savings and meet customer-specific needs.

Native Data + CRM + CLM Integration for Speed & Cost Savings

Lastly, the world’s most comprehensive HCP database, OneKey®, is natively integrated to Mobile Intelligence. CRM + CLM + Data enables Life Sciences companies to strengthen their targeting and profiling strategies by reaching the most relevant customer base. This out-of-the-box integration enables companies to rapidly start their commercial initiatives while eliminating implementation and maintenance costs.

“Listening to our clients’ key challenges is integral to creating solutions that realistically reflect today’s industry,” said Laurent Labrune, Chief Executive Officer of Cegedim Relationship Management. “Mobile Intelligence 8 further optimizes commercial operations with an entirely comprehensive CRM platform. This release comprises vital insight from our customers and cements our position as an innovation leader in Life Sciences customer-centric CRM solutions.”

Cegedim Relationship Management drives its innovation by continuing to develop ultra-relevant, cloud-based and adaptive solutions to support the flux of the Life Sciences Industry.

About Cegedim Relationship Management:
                      

Cegedim Relationship Management is the Life Sciences industry’s leading provider of Customer Relationship Management (CRM) solutions. Designed specifically for Life Sciences, the company’s innovative business solutions incorporate a thorough understanding of local, regional and worldwide trends. Cegedim Relationship Management enables more than 200,000 users in many of the world’s most innovative companies to stay ahead of market challenges. In addition to CRM, Cegedim Relationship Management also provides marketing, data optimization and regulatory compliance solutions in more than 80 countries. Cegedim Relationship Management is part of the France-based Cegedim S.A. Group.

To learn more, please visit: www.cegedim.com/rm.

Follow Cegedim Relationship Management on LinkedIn and Twitter.
                        

About Cegedim:
                      

Founded in 1969, Cegedim is a global technology and services company specializing in the healthcare field. Cegedim supplies services, technological tools, specialized software, data flow management services and databases. Its offerings are targeted notably at healthcare industries, life sciences companies, healthcare professionals and insurance companies. The world leader in life sciences CRM, Cegedim is also one of the leading suppliers of strategic healthcare industry data. Cegedim employs 8,200 people in more than 80 countries and generated revenue of €911 million in 2011. Cegedim SA is listed in Paris (EURONEXT: CGM).

To learn more, please visit: www.cegedim.com.

Contacts

Cegedim Relationship Management

Global Communications

Drew BUSTOS, +1 (908)-443-2451

drew.bustos@cegedim.com

 

Cegedim

Media Relations

Aude BALLEYDIER, +33 (0)1 49 09 68 81

aude.balleydier@cegedim.fr

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Indah Kiat Tangerang (IKT) Mill Receives ‘Advanced’ Rating in Independent Assessment

BusinessWire/ME-Newswire - Asia Pulp & Paper Group (APP) has received an Advanced level rating in SGS’s independent assessment for ISO 26000 social responsibility standards, making it the first in its sector in Asia-Pacific to receive this recognition from leading independent global industry auditor Société Générale de Surveillance (SGS).

ISO 26000 is a set of globally recognized best-practice guidelines on organisational governance, labor practices, the environment, fair operating practices, consumer issues, community involvement and development. IKT achieved a level four verification, out of a possible five, giving it an Advanced status. The assessment is based on the SGS Performance Standard on ISO 26000.

“The objective of the SGS Performance ISO 26000 method is to identify how organizations can improve their performance in various areas of social responsibility. We are pleased to see that a corporation such as APP has chosen our method, and values continuous improvement, demonstrating commitment to internal and external stakeholders. Benchmarks and best practices in sustainable fields were provided to APP to enable a path of ongoing improvement and evaluation of performance," stated Mr. Guy Escarfail, Managing Director, SGS Indonesia.

This new Advanced designation compliments the APP Sustainability Roadmap Vision 2020 launched on June 5th. The Roadmap details the company’s path forward towards social and environmental best practices in sustainability. ISO 26000 guidelines align with the goals of the sustainability roadmap including human rights, employee welfare, and community empowerment.

Ms. Aida Greenbury, Managing Director Sustainability & Stakeholder Engagement, APP, welcomed the recognition and pledged to extend the program: “APP strives to be the responsible global leader in the pulp and paper industry. The ISO 26000 standard is only a first step toward a bigger commitment of responsible business practices. The next step is to replicate the successful program in other mills, and we expect them to be eligible for independent verification as early as 2013.”

“As a growing corporation operating in a developing country, sustainable development is a pillar of our operations. We’ve adopted the ISO 26000 guidelines to ensure the integration of socially responsible behaviour and the development of sustainable relationships with many members of our community such as customers, employees, NGOs and business partners,” she added.

The mill has also achieved various certifications including ISO 9001 for Quality Management System and ISO 14001 for Environmental Management System. IKT was also awarded the first ISO 14001 in Indonesia, in 1996.

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BUSINESS WIRE / ME NewsWire RIVERSIDE, Calif. – Tuesday, October 16th 2012

Olfactor Labs’ new compound can save lives; company files for new patent

Olfactor Laboratories, Inc. has advanced a world-class technology that could make mosquito bites a thing of the past and is preparing to take that technology to market as early as 2013.

Following a two-year intensive collaboration with the University of California, Riverside, and a multinational pest control company, Olfactor announced its chemical technology can actually modify a mosquito’s biting behavior. This is a potential breakthrough in the battle against mosquito-borne diseases such as malaria and the West Nile virus.

Company scientists have assembled a blend of compounds which can be delivered spatially, rather than requiring that they be applied to skin, which can substantially reduce contact between mosquitoes and humans. The chemical technology disrupts the mosquito’s ability to detect carbon dioxide, which is how mosquitoes detect a blood meal such as that of a human.

“Not being able to recognize carbon dioxide greatly limits a mosquito’s ability to locate and feed on its victim,” said Steve Abbott, President of Olfactor Laboratories. “With our technology, the human can essentially become invisible to the mosquito. The results of our research have the potential to fight several deadly mosquito-borne diseases, which are estimated to endanger a significant number of the world’s population,” Abbott stated. “Not only can such terrible diseases be reduced, but life can be made more enjoyable for everyone else who loves the outdoors, but just hates mosquito bites,” said Abbott.

The Olfactor technology has been recently submitted for patent approval and no other company is believed to possess this unique receptor-blocking-stimulating technology. This technology can be used to not only repel mosquitoes, but also to pull them away from populated areas, where they can be destroyed more effectively. This makes it a central part of a “Push/Pull” control strategy. “Our technology will be extremely valuable to world governments, but also travelers, outdoorsmen, and anyone else who simply objects to the bite of a mosquito. Now a scourge for millennia will be reduced, and we welcome inquiries for collaboration from governments and commercial organizations worldwide,” said Amro Albanna, CEO of Innovation Economy, a key initial incubator and partner of Olfactor Labs.

Contacts

Innovation Economy

Amro Albanna, 951-824-8669 x1501

aalbanna@iecorp.co

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DENVER - Tuesday, October 16th 2012 [ME NewsWire]

(BUSINESS WIRE/ME NewsWire)-- MPEG LA today announced the appointment of Daniel Abraham as Vice President, Science and Business Strategy. In this newly created position, Mr. Abraham's responsibilities include technology and related business strategies for MPEG LA and its subsidiaries. Before MPEG LA, Mr. Abraham was Director at Columbia Technology Ventures.

“Dan’s appointment presents an exciting new opportunity for MPEG LA,” said MPEG LA President and CEO Larry Horn. “With his distinguished academic, research and business credentials, Dan blends a rare mixture of applied science, intellectual property and business experience with an exceptional knowledge of emerging technologies and relationships with the universities that spawn them.”

“Our innovation ecosystem is faced with many challenges to ensure a balance of wide access for users and incentives for inventors,” said Mr. Abraham. “It's both a pleasure and an honor to help create new solutions with such a distinguished and proven organization unique in its devotion to achieving that balance and renowned for its unparalleled success in doing so.”

Before Columbia, Mr. Abraham served as Vice President, Chief Technologist at GE Technology Development. He has also served as Vice President, Advanced Development for Veeco Instruments; Intellectual Properties Director and Senior Scientist at Phase Metrics, and conducted nanoscience research at The Institute for Materials Research, University of Nijmegen (The Netherlands), IBM Research Laboratory Zurich and AT&T Bell Labs. Mr. Abraham earned his PhD in Physics from the University of California at Irvine.

MPEG LA, LLC

MPEG LA is the world’s leading independent provider of patent licenses offering wide access to important technologies. MPEG LA developed modern day patent pools. By assisting users with implementation of their technology choices, MPEG LA offers licensing solutions that create opportunities for wide adoption and fuel innovation. MPEG LA’s original license for digital video compression helped produce the most widely employed standard in consumer electronics history. It has become the template for addressing patent thickets. Today MPEG LA manages licensing programs consisting of some 7400 patents in 74 countries with 161 licensors and nearly 5500 licensees. For more information, please refer to http://www.mpegla.com.

Contacts

MPEG LA, LLC

Tom O’Reilly

Tel: 303-200-1710

toreilly@mpegla.com

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SoftBank to Acquire 70% Stake in Sprint

TOKYO & OVERLAND PARK, Kan. - Tuesday, October 16th 2012 [ME NewsWire]

    Sprint Stockholders to Receive Total Consideration of $12.1 Billion in Cash and 30% Ownership in Newly Capitalized Sprint
    Transaction Provides Sprint with $8.0 Billion of New Capital
    Sprint to Leverage SoftBank’s Experience in Deployment of LTE as Sprint’s Nationwide Rollout of 4G LTE Continues
    Significant Investment in the United States by One of the World’s Most Successful and Innovative Companies

Sprint will host an investor conference call to discuss the transaction at 8 a.m. ET today. Participants may dial 800-938-1120 in the U.S. or Canada (706-634-7849 internationally) and provide the following ID: 44906693 or may listen via the Internet at www.sprint.com/investors

TOKYO & OVERLAND PARK, Kan.--(BUSINESS WIRE)-- SOFTBANK CORP. (“SoftBank”) (TSE: 9984) and Sprint Nextel Corporation (“Sprint”) (NYSE: S) today announced that they have entered into a series of definitive agreements under which SoftBank will invest $20.1 billion in Sprint, consisting of $12.1 billion to be distributed to Sprint stockholders and $8.0 billion of new capital to strengthen Sprint’s balance sheet. Through this transaction, approximately 55% of current Sprint shares will be exchanged for $7.30 per share in cash, and the remaining shares will convert into shares of a new publicly traded entity, New Sprint. Following closing, SoftBank will own approximately 70% and Sprint equity holders will own approximately 30% of the shares of New Sprint on a fully-diluted basis.

SoftBank’s cash contribution, deep expertise in the deployment of next-generation wireless networks and track record of success in taking share in mature markets from larger telecommunications competitors are expected to create a stronger, more competitive New Sprint that will deliver significant benefits to U.S. consumers. The transaction has been approved by the Boards of Directors of both SoftBank and Sprint. Completion of the transaction is subject to Sprint stockholder approval, customary regulatory approvals and the satisfaction or waiver of other closing conditions. The companies expect the closing of the merger transaction to occur in mid-2013.

SoftBank Chairman and CEO, Masayoshi Son, said, “This transaction provides an excellent opportunity for SoftBank to leverage its expertise in smartphones and next-generation high speed networks, including LTE, to drive the mobile internet revolution in one of the world’s largest markets. As we have proven in Japan, we have achieved a v-shaped earnings recovery in the acquired mobile business and grown dramatically by introducing differentiated products to an incumbent-led market. Our track record of innovation, combined with Sprint’s strong brand and local leadership, provides a constructive beginning toward creating a more competitive American wireless market.”

The SoftBank transaction is expected to deliver the following benefits to Sprint and its stockholders:

    Provides stockholders the ability to realize an attractive cash premium or to hold shares in a stronger, better capitalized Sprint
    Provides Sprint with $8.0 billion of primary capital to enhance its mobile network and strengthen its balance sheet
    Enables Sprint to benefit from SoftBank’s global leadership in LTE network development and deployment
    Improves operating scale
    Creates opportunities for collaborative innovation in consumer services and applications

Sprint CEO, Dan Hesse, said, “This is a transformative transaction for Sprint that creates immediate value for our stockholders, while providing an opportunity to participate in the future growth of a stronger, better capitalized Sprint going forward. Our management team is excited to work with SoftBank to learn from their successful deployment of LTE in Japan as we build out our advanced LTE network, improve the customer experience and continue the turnaround of our operations.”

Transaction Terms

    SoftBank will form a new U.S. subsidiary, New Sprint, which will invest $3.1 billion in a newly‐issued Sprint convertible senior bond following this announcement. The convertible bond will have a 7-year term and 1.0% coupon rate, and will be convertible, subject to regulatory approval, into Sprint common stock at $5.25 per share. Immediately prior to the merger, the bond will be converted into shares of Sprint, which will become a wholly-owned subsidiary of New Sprint.
    Following Sprint stockholder and regulatory approval, and the satisfaction or waiver of the other closing conditions to the merger transaction, SoftBank will further capitalize New Sprint with an additional $17 billion and effect a merger transaction in which New Sprint will become a publicly-traded company and Sprint will survive as its wholly-owned subsidiary. Of the $17 billion, $4.9 billion will be used to purchase newly issued common shares of New Sprint at $5.25 per share. The remaining $12.1 billion will be distributed to Sprint stockholders in exchange for approximately 55% of currently outstanding shares. The other 45% of currently outstanding shares will convert into shares of New Sprint. SoftBank will also receive a warrant to purchase 55 million additional Sprint shares at an exercise price of $5.25 per share.
    Pursuant to the merger, holders of outstanding shares of Sprint common stock will have the right to elect between receiving $7.30 per Sprint share or one share of New Sprint stock per Sprint share, subject to proration. Holders of Sprint equity awards will receive equity awards in New Sprint.
    Post-transaction, SoftBank will own approximately 70% and Sprint equity holders will own approximately 30% of New Sprint shares on a fully-diluted basis.
    SoftBank is financing the transaction through a combination of cash on hand and a syndicated financing facility.
    The transaction does not require Sprint to take any actions involving Clearwire Corporation other than those set forth in agreements Sprint has previously entered into with Clearwire and certain of its shareholders.

After closing, Sprint’s headquarters will continue to be in Overland Park, Kansas. New Sprint will have a 10-member board of directors, including at least three members of Sprint’s board of directors. Mr. Hesse will continue as CEO of New Sprint and as a board member.

The Raine Group LLC and Mizuho Securities Co., Ltd. acted as lead financial advisors to SoftBank. Mizuho Corporate Bank, Ltd., Sumitomo Mitsui Banking Corporation, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Deutsche Bank AG, Tokyo Branch acted as mandated lead arrangers to SoftBank. Deutsche Bank also provided financial advice to SoftBank in connection with this transaction. SoftBank’s legal advisors included Morrison & Foerster LLP as lead counsel, Mori Hamada & Matsumoto as Japanese counsel, Dow Lohnes PLLC as regulatory counsel, Potter Anderson Corroon LLP as Delaware counsel, and Foulston & Siefkin LLP as Kansas counsel.

Citigroup Global Markets Inc., Rothschild Inc. and UBS Investment Bank acted as co-lead financial advisors. Skadden, Arps, Slate, Meagher and Flom, LLP acted as lead counsel to Sprint. Lawler, Metzger, Keeney and Logan served as regulatory counsel, and Polsinelli Shughart PC served as Kansas counsel.

About SoftBank

SoftBank was established in 1983 by its current Chairman & CEO Masayoshi Son and has based its business growth on the Internet. It is currently engaged in various businesses in the information industry, including mobile communications, broadband services, fixed-line telecommunications, and portal services. In terms of consolidated results for fiscal 2011, net sales increased 6.6% year on year to ¥3.2 trillion, operating income increased 7.3% to ¥675.2 billion, and net income rose 65.4% to ¥313.7 billion.

About Sprint Nextel

Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel served more than 56 million customers at the end of the second quarter of 2012 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. The American Customer Satisfaction Index rated Sprint No. 1 among all national carriers in customer satisfaction and most improved, across all 47 industries, during the last four years. Newsweek ranked Sprint No. 3 in its 2011 Green Rankings, listing it as one of the nation’s greenest companies, the highest of any telecommunications company. You can learn more and visit Sprint at www.sprint.comor www.facebook.com/sprintand www.twitter.com/sprint.

Cautionary Statement Regarding Forward Looking Statements

This document includes “forward-looking statements” within the meaning of the securities laws. The words “may,” “could,” “should,” “estimate,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “target,” “plan,” “providing guidance” and similar expressions are intended to identify information that is not historical in nature.

This document contains forward-looking statements relating to the proposed transaction between Sprint Nextel Corporation (“Sprint”) and SOFTBANK CORP. (“SoftBank”) and its group companies, including Starburst II, Inc. (“Starburst II”) pursuant to a merger agreement and bond purchase agreement. All statements, other than historical facts, including statements regarding the expected timing of the closing of the transaction; the ability of the parties to complete the transaction considering the various closing conditions; the expected benefits of the transaction such as improved operations, enhanced revenues and cash flow, growth potential, market profile and financial strength; the competitive ability and position of SoftBank or Sprint; and any assumptions underlying any of the foregoing, are forward-looking statements. Such statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. You should not place undue reliance on such statements. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, that (1) one or more closing conditions to the transaction may not be satisfied or waived, on a timely basis or otherwise, including that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the transaction or that the required approval by Sprint’s stockholders may not be obtained; (2) there may be a material adverse change of SoftBank or Sprint or the respective businesses of SoftBank or Sprint may suffer as a result of uncertainty surrounding the transaction; (3) the transaction may involve unexpected costs, liabilities or delays; (4) legal proceedings may be initiated related to the transaction; and (5) other risk factors as detailed from time to time in Sprint’s and Starburst II’s reports filed with the Securities and Exchange Commission (“SEC”), including Sprint’s Annual Report on Form 10-K for the year ended December 31, 2011 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2012 and the proxy statement/prospectus to be contained in Starburst II’s Registration Statement on Form S-4, which are (or will be, when filed) available on the SEC’s web site (www.sec.gov). There can be no assurance that the merger will be completed, or if it is completed, that it will close within the anticipated time period or that the expected benefits of the merger will be realized.

None of Sprint, SoftBank or Starburst II undertakes any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Additional Information and Where to Find It

In connection with the proposed strategic combination, Starburst II plans to file with the SEC a Registration Statement on Form S-4 that will include a proxy statement of Sprint, and that also will constitute a prospectus of Starburst II. Sprint will mail the proxy statement/prospectus to its stockholders. INVESTORS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. The proxy statement/prospectus, as well as other filings containing information about Sprint, SoftBank and Starburst II, will be available, free of charge, from the SEC’s web site (www.sec.gov). Sprint’s SEC filings in connection with the transaction also may be obtained, free of charge, from Sprint’s web site (www.sprint.com) under the tab “About Us – Investors” and then under the heading “Documents and Filings – SEC Filings,” or by directing a request to Sprint, 6200 Sprint Parkway, Overland Park, Kansas 66251, Attention: Shareholder Relations or (913) 794-1091. Starburst II’s SEC filings in connection with the transaction (when filed) also may be obtained, free of charge, by directing a request to SoftBank, 1-9-1 Higashi-Shimbashi, Minato-ku, Tokyo 105-7303, Japan; telephone: +81.3.6889.2290; e-mail: ir@softbank.co.jp.

Participants in the Merger Solicitation

The respective directors, executive officers and employees of Sprint, SoftBank, Starburst II and other persons may be deemed to be participants in the solicitation of proxies in respect of the transaction. Information regarding Sprint’s directors and executive officers is available in its Annual Report on Form 10-K for the year ended December 31, 2011. Other information regarding the interests of such individuals as well as information regarding SoftBank’s and Starburst II’s directors and executive officers will be available in the proxy statement/prospectus when it becomes available. These documents can be obtained free of charge from the sources indicated above. 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=50440468&lang=en

Contacts

SoftBank Press Office

+ 81368892300

 

Jim Barron / John Christiansen

2126878080 / 4156188750

 

For Sprint

Bill White, Media Contact

9137941099 / bill.white@sprint.com

 

Brad Hampton, Investor Contact

8002593755 / investor.relations@sprint.com

Read more…

VILLEJUIF, France - Tuesday, October 16th 2012 [ME NewsWire]

(BUSINESS WIRE)-- Worldwide Innovative Network (WIN) in personalized cancer medicine consortium proudly announces that Oracle Health Sciences has become a member of the consortium. Oracle will provide access to its data management, clinical trials, genomics and analytics expertise to help WIN advance its mission of increasing the efficacy of cancer care globally through personalized therapy and early diagnostics.

The development of personalized therapies requires new collaborations between industry, healthcare and academia. This includes the ability to access and build upon the collective knowledge and data of the entire cancer community, including clinical, genomic and patient data leveraging modern information technologies.

Oracle Health Sciences has developed a portfolio of integrated, cloud-based software applications that help advance personalized medicine by enabling new collaboration models between research institutions and healthcare organizations. Specific to the work of the consortium, the Oracle Health Sciences Network accelerates translational research, healthcare analytics, and health information exchange by allowing these organizations to more efficiently share and analyze de-identified data across organizational boundaries.

“To advance personalized cancer care, collaboration among the health sciences community is absolutely essential, but achieving it, from a technology perspective, has presented challenges. Oracle is helping organizations to break down these barriers and lay a foundation for expanded collaboration and new insight. We welcome Oracle’s knowledge and innovation as it joins our ranks,” said Dr. John Mendelsohn, Chairman of WIN Consortium and past President, University of Texas MD Anderson Cancer Center.

“Our overarching goals are to achieve groundbreaking personalized cancer medicine discoveries and to significantly improve the outcomes and quality of life for cancer patients,” said Professor Alexander Eggermont, General Director, Institut Gustave Roussy and Vice-Chairman of WIN Consortium. “With the dropping cost of whole genome sequencing, technology is essential to helping us analyze this rich data and achieve our goals. We welcome Oracle, one of the world’s leading innovators in this field, to our organization, and look forward to its many contributions.”

“Oracle is extremely proud to join the WIN Consortium and contribute to this important initiative,” said Neil de Crescenzo, Senior Vice President and General Manager, Oracle Health Sciences. “Our health sciences solutions, which support greater collaboration across the healthcare and life sciences community and help to fuel insight, complement WIN’s unique approach. We look forward to applying our solutions and expertise to advance its mission.”

“The productive and positive power of partnerships to drive progress in medical science cannot be underestimated and must be encouraged. It is in this spirit that I enthusiastically joined the Prix Galien USA Committee,” said Professor Paul A. Marks, M.D., Laboratory Head of Cell Biology, Memorial Sloan Kettering Cancer Center, New-York, President, Emeritus, MSKCC. “By joining WIN and sharing its genetic and analytics expertise with the community, Oracle can make a powerful contribution to the WIN consortium’s mission of advancing personalized cancer care.”

WIN Consortium is a network of 24 academic institutions and industries across the globe, initiated by Cancer Institute Gustave Roussy (IGR), France, and University of Texas MD Anderson Cancer Center (MDACC), USA, focusing on biomarker-driven therapeutic clinical trials conducted worldwide.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

For further information, please visit www.winconsortium.org

Contacts

Catherine Bresson, Director Operational Team

+33-1-42-11-40-20

Catherine.bresson@winconsortium.org

 

 

 

 

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SHENZHEN, China - Monday, October 15th 2012 [ME NewsWire]

(BUSINESS WIRE/ME NewsWire)-- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, today announced it has won China Mobile’s TD-LTE contract. According to the contract, ZTE will construct China Mobile’s TD-LTE networks in five Chinese cities, namely Beijing, Tianjin, Guangzhou, Shenzhen and Shenyang, with more than 13,000 carrier frequencies.

In China Mobile’s earlier TD-LTE project in Hong Kong, ZTE was assigned 50% of the construction work. ZTE has become the largest LTE device supplier for all such projects initiated by China Mobile.

China Mobile launched the TD-LTE bidding in August 2012. The tender included contracts for some 20,000 base stations and 52,000 carrier sectors, and the TD-LTE devices purchased by China Mobile will be deployed in an expanded trial TD-LTE network in 13 Chinese cities, namely Beijing, Shanghai, Hangzhou, Nanjing, Guangzhou, Shenzhen, Xiamen, Qingdao, Tianjin, Shenyang, Ningbo, Chengdu and Fuzhou. Ten major telecom firms including ZTE, Huawei, Ericsson and Nokia Siemens bid for the tender.

Wang Shouchen, ZTE’s Vice President, said, “We thank China Mobile for choosing ZTE for the construction of the TD-LTE networks in the five cities. ZTE has been highly committed to TD-LTE as a strategic product. As a leader in LTE, our company is both capable of and confident in bringing excellent results to China Mobile.”

By August 2012, ZTE has constructed various trial LD-LTE networks and 9 commercial networks for 38 operators in 26 countries of Europe, CIS, Asia Pacific, Southeast Asia and North America.

About ZTE

ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while growing revenue. In 2011, ZTE’s revenue increased by 29 per cent to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China’s only listed telecom manufacturer that is publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.


Contacts

ZTE Corporation

Margrete Ma, +86 755 26775207

ma.gaili@zte.com.cn

Edelman PR

Diana Pong / Andres Vejarano

+852 2837 4734 / 2837 4735

diana.pong@edelman.com / andres.vejarano@edelman.com

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BUSINESS WIRE / ME NewsWire - GEORGETOWN, Cayman Islands - Tuesday, October 16th 2012

Following its global expansion plans, Investors Trust Assurance SPC (“ITA”) is thrilled to announce the recent opening of its branch office in Kuala Lumpur, Malaysia, at the renowned Petronas KLCC. The Grand Opening celebration took place last Wednesday, October 10th and was a very successful event, with the presence of the company's directors and officers, local press & media, business partners and distributors.

Malaysia is a politically stable country and has a highly educated, multi-lingual and cultural workforce, which contributes to its business friendly environment. ITA is in a position to deliver a significant positive impact to the insurance market in this region, which is known to have excellent prospects, thanks to their savings mentality and considerable medium to high income. ITA can leverage its global experience into Malaysia, while continuing with its core values by providing superior products, an innovative and user-friendly platform, and high quality services.

The Kuala Lumpur branch office will serve as a critical hub for the Southeast Asia target market. This strategic location, complemented by a license issued by the Labuan Financial Services Authority (Labuan FSA), enables ITA to establish a fully functional sales, marketing and operations office with services in multiple languages.

“We are committed to Malaysia and the Southeast Asian market, and look forward to supporting the community and building a prosperous business,”says Bob Pain, ITA’s Managing Director.

Investors Trust Assurance SPC is an international insurance company licensed and regulated by the Cayman Islands Monetary Authority. ITA carries a financial strength rating of B++ (Good) from A.M Best, and is a member of the Association of International Life Offices (AILO). Since its foundation, ITA has gained a leadership position in the international insurance market, with presence in more than 30 countries. ITA’s core product portfolio is comprised of medium to long term investment-linked products, targeted to emerging market consumers who are assisted by independent financial advisors. The products are flexible, tax-efficient, and designed to meet the needs of the various customer segments around the world, who share the same goals of having a solid financial plan for their futures. ITA offers its plan holders the access to the global financial markets through a wide range of funds from the finest Asset Managers, quality multi-lingual service, as well as an advanced and user-friendly internet platform.

Contacts

Investors Trust Assurance SPC

Allison Clark, +1-345-749-3340

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