Dubai, United Arab Emirates - Tuesday, June 11th 2013 [ME NewsWire]

The Dubai-based Rolman Group, one of the largest and most established distributors of bearings and related technical application-specific services in the Middle East and Africa (MEA), expects to commence operations in its newly-established Doha facility as soon as next quarter this year.  The Rolman Group, headquartered in Dubai, United Arab Emirates, will open its new facility to supply the Qatari market in the petrol, oil and gas, and automotive truck industries.

Speaking on the approaching inauguration of its Qatari operation, Mr. Akram Muazzen, CEO of the Rolman Group commented: "Our facility in Doha houses our administrative, engineering and technical support offices in addition to counter sales. The Qatar market, which we estimate to be around $10-12 million, is growing exponentially in the Gulf region and we have aggressive initial targets to bring our global brands to this segment. This move ... Read more »

MELVILLE, N.Y. - Tuesday, June 11th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Effective January 1st 2014, Marchon’s licensing agreement with Fendi will expire, and will not be renewed.

"While we have had a successful collaboration with Fendi for many years, we have come to a mutual agreement with them on the conclusion and transition of our license,” says Claudio Gottardi, President and CEO.

Marchon’s history with Fendi goes back to 1991, beginning with a regional license for the Western Hemisphere. In 2005, the license expanded to include all global markets.

In the past 18 months Marchon has launched a number of global license agreements with luxury brands including Valentino, Salvatore Ferragamo, and Chloé. Marchon also recently announced the Nine West and G-Star licenses, the Dragon Alliance and Scandinavian Eyewear acquisitions as well as a number of new strategic global initiatives.

Gottardi added, "We are confident that this decision will help ... Read more »

SCOTTSDALE, Ariz. - Tuesday, June 11th 2013 [ME NewsWire]

Investors in Electronic Cigarette Market Leader Include Serial Entrepreneur and Investor Sean Parker and Homewood Capital’s Douglas Teitelbaum

Funding will be used for Marketing, Clinical Trials, Research and Development, and International Expansion

(BUSINESS WIRE)-- Electronic cigarette brand NJOY, whose ‘NJOY King’ is the most popular e-cigarette in America, has raised $75 million in funding, NJOY CEO Craig Weiss announced today. Investors include serial entrepreneur and investor Sean Parker; and Douglas Teitelbaum, Principal of Homewood Capital. Mr. Teitelbaum will join NJOY’s Board of Directors.

Funding will be used for marketing, clinical trials, research and development, and international expansion.

"These individuals are among the world’s leaders in identifying paradigm-shifting consumer technology investment opportunities, and their investment represents confidence in NJOY’s model,” Wei ... Read more »

Dubai, United Arab Emirates - Tuesday, June 11th 2013 [ME NewsWire]

(BUSINESS WIRE)-- An ad hoc approach to IT outsourcing by many MENA telecom operators has led to results below expectations, according to a new study from Oliver Wyman, "Maximizing Value from IT Outsourcing.” Based on a survey of IT executives, the report reveals key areas for improvement and recommends adopting a more strategic approach to sourcing, vendor management, and quality assurance.

While promising better IT quality, lower costs, and greater flexibility, among other benefits, IT outsourcing efforts in the Middle East and North Africa have fallen short in practice. For IT operations, the Oliver Wyman survey reveals significant room for improvement in satisfaction with IT quality, cost reduction, and IT flexibility. Indeed, executives rated satisfaction with each of these areas on average no higher than 6 on a 10-point scale.

"We think many MENA telecoms will need to substantially change the ... Read more »

MONTE CARLO - Mardi 11 Juin 2013 [ME NewsWire]

(BUSINESS WIRE/ME NewsWire)--Hier soir, Hamdi Ulukaya, le fondateur, président et directeur général de Chobani, une société basée aux États-Unis, a été nommé Entrepreneur international de l'année 2013 par Ernst & Young lors d'une cérémonie de récompenses qui s'est tenue dans la Salle des Étoiles à Monte Carlo. Hamdi a été sélectionné parmi les 49 pays finalistes rivalisant pour le titre à travers 47 pays, qui chacun avaient été déjà nommés 'Entrepreneur de l'année' par Ernst & Young dans leurs pays d'origine.

Hamdi Ulukaya, d'origine turque, a fondé Chobani dans le nord-ouest de l'État de New York en 2005 et a lancé le yaourt grec Chobani Greek Yogurt deux ans plus tard. Moins de six ans après son lancement, cette marque de yaourts ... Read more »

SCOTTSDALE, Arizona - Mardi 11 Juin 2013 [ME NewsWire]

Parmi les investisseurs dans le leader du marché de la cigarette électronique, figurent l'entrepreneur en série et investisseur Sean Parker et Douglas Teitelbaum, de Homewood Capital

Le financement sera consacré au marketing, aux essais cliniques, à la recherche et développement et à l'expansion et internationale

(BUSINESS WIRE)--La marque de cigarettes électroniques NJOY, dont le produit « NJOY King » est l'e-cigarette la plus appréciée aux États-Unis, a levé un financement de 75 millions de dollars, a annoncé aujourd'hui Craig Weiss, le directeur général de NJOY. Au nombre des investisseurs figurent l'entrepreneur en série et investisseur Sean Parker et Douglas Teitelbaum, de Homewood Capital. M. Teitelbaum va rejoindre le conseil d'administration de NJOY.

Le financement sera consacré au marketing, ... Read more »

Newtec’s S2 Extensions technology is increasing the performance of the SES-5 satellite backhaul infrastructure in Africa

BETZDORF, Luxembourg & JOHANNESBURG & SINT-NIKLAAS, Belgium - Monday, June 10th 2013 [ME NewsWire]

CommunicAsia 2013

(BUSINESS WIRE)-- Global satellite operator SES (NYSE Paris:SESG)(LuxX:SESG) and Newtec boost satellite efficiency in Africa. Mobile 3G networks in Africa are set to benefit from new-generation Newtec modems including, S2 Extensions technology that boost the performance and efficiency of the SES-5 satellite backhaul infrastructure.

SES has tested and implemented the Newtec MDM6000 Satellite Modems to increase the efficiency on its African SES-5 payload. The MDM6000 satellite modems are optimized for medium to high speed IP applications over satellite and are capable of delivering up to 37% in efficiency gains compared with the existing DVB-S2 standard, thanks to S2 Extensions. SES is one of the first satellite opera ... Read more »

Le nouveau système AxION iQT GC/MS/MS allie la puissance quantitative d’un spectromètre quadripôle triple aux capacités d’identification d’un spectromètre quadripôle-temps d’envol (Q-TOF) pour un instrument rapide, modulaire et facile à utiliser

WALTHAM, Mass. - Mardi 11 Juin 2013 [ME NewsWire]

(BUSINESS WIRE)--Lors de la Conférence de l’ASMS ( American Society for Mass Spectrometry Conference) 2013,PerkinElmer Inc., un leader mondial dévoué à la santé et la sécurité des personnes et de l’environnement, a présenté le spectromètre de masse à tandem par chromatographie en phase gazeuse (GC/MS/MS), AxION iQT . Le système AxION iQT offre de meilleures capacités quantitatives que celles d’un spectromètre quadripôle triple, tout en identifiant rapidement les composés comme un spectromètre quadripôle-temps d’envol (Q-TOF) à une vitesse allant jusqu’à 500 composés par seconde. Le nouveau spectromè ... Read more »

The New AxION iQT GC/MS/MS System Combines the Quantitative Power of a Triple Quad with the Identification Capabilities of a Q-TOF in a Faster, Modular and Easier to Operate Instrument

WALTHAM, Mass. - Monday, June 10th 2013 [ME NewsWire]

(BUSINESS WIRE)-- At the 2013 American Society for Mass Spectrometry Conference, PerkinElmer Inc., a global leader focused on the health and safety of people and the environment, introduced the AxION iQT gas chromatography tandem mass spectrometer (GC/MS/MS). The AxION iQT system provides greater quantitative capabilities to that of a triple quadrupole, while quickly identifying compounds like a quadrupole time-of-flight (Q-TOF) at a rate of up to 500 compounds per second. The new mass spectrometer provides laboratories with easier to use technology, faster results, and more specific, selective data needed to make more accurate decisions faster.

"Global regulatory expansion is driving increased adoption of mass spectrometry as th ... Read more »

DUBAI, UAE - Monday, June 10th 2013 [ME NewsWire]

(BUSINESS WIRE)-- The telecom industry, governments and regulators need to move decisively to fiber in order to support future economic growth, states Arthur D. Little (ADL) in its new report, "National Fiber Strategies: National economic imperative or just another private industry task?”

There are clear economic benefits to improving broadband infrastructure; jobs are created, household income is increased and there is a permanent boost to GDP. Ultra-fast broadband also drives critical diversification of economies, as Small and Medium Businesses are among the first to benefit from new services. It is no longer possible to modernize and upgrade the copper-based network. Whole fiber or mainly fiber networks are now needed not only for the fastest fixed access services, but also to underpin the micro layer of the latest mobile backhaul networks.

These benefits do not come cheap, as the investment needed is vast. On th ... Read more »