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HOUSTON - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Stallion Oilfield Holdings, Inc. (the "Company”) announces today that it is seeking commitments for a new senior secured term loan in an aggregate principal amount of up to $350,000,000 (the "Term Loan”) and an increase of commitments under its existing asset-backed loan facility ("ABL”) from $50 million to $65 million. The proceeds from the Term Loan are intended to be used to redeem the remaining $134 million of the Company’s senior secured notes due 2015, fund a portion of an approximately $217 million dividend to the Company’s stockholders, and fund transaction costs and for other corporate purposes.

Merrill Lynch, Pierce, Fenner & Smith Incorporated and Jefferies Finance LLC will act as joint lead arrangers and book managers for the Term Loan and Bank of America, N.A. will continue to act as administrative agent under the ABL.

The Term Loan will be guaranteed by all of the Company’s domestic ... Read more »
Views: 200 | Added by: africa-live | Date: 06.05.2013

SHENZHEN, China - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- 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, has achieved the global No.2 ranking in the optical network market.

According to the latest market analysis report ‘Market share-1Q13 Global ON’ released by Ovum, ZTE displaced Alcatel-Lucent to take second position. "ZTE has a higher percentage of next-generation equipment for the aggregation market than its competitors do, so ZTE is not as affected by the shift in spending away from TDM as the others which is the source of the market share gains," said Ron Kline, Principle Analyst, Network Infrastructure, Ovum.

"ZTE is dedicated to developing next-generation optical networking products, including Packet Transport Network (PTN), Optical Transport Network (OTN) and 100G,” said Mr. Xu Ming, VP, ZTE Bearer ... Read more »
Views: 189 | Added by: uaeonlinenews | Date: 06.04.2013

OMAHA, Neb - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- HDR has named Dr. Khalid Bekka managing director, Gulf Arab States, based in Abu Dhabi, United Arab Emirates. In his new role, Bekka reports to John Scales, international director for HDR Engineering, Inc.

Dr. Bekka previously served as HDR’s economics and finance director, based in the firm’s Silver Spring, Md. Office. He has been with HDR since 1998.

HDR currently has architecture and HDR|HydroQual offices in Dubai, and an engineering office in Abu Dhabi. HDR’s current engineering work in the region includes:

    Partnering on design-build opportunities for transit programs;
    Partnering on design-build opportunities for wastewater programs;
    Conducting feasibility studies for rail projects; and
    Providing several strategic advisory services.

"The culture in the Middle East is all about relationships, and t ... Read more »
Views: 283 | Added by: uaeonlinenews | Date: 06.04.2013

LONDON - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- IDG Connect, the data publishing arm of the world’s largest technology publisher IDG, has launched a new website designed to cover the way countries all over the globe are being changed by ICT.

Available at www.idgconnect.com, the IDG Connect site will feature contributions from expert writers on the ground in Asia, Europe, Africa, Australasia and the Americas. It will emphasise ways in which new technology trends are transforming societies and economies in both established and developing countries and regions. It will also feature reports based on unique research conducted by polling a database of business and IT decision makers across 130 countries.

"Technology and communications are changing everything from trade to education and health,” said Martin Veitch, IDG Connect Editorial Director. "Lots of people talk about covering the global technology scene but we’re really doing it: finding out what’s g ... Read more »
Views: 199 | Added by: africa-live | Date: 06.04.2013

HOUSTON - Mardi 4 Juin 2013 [ME NewsWire]

(BUSINESS WIRE)--Stallion Oilfield Holdings, Inc. (la « Société ») annonce aujourd'hui qu'elle sollicite des engagements pour un nouveau prêt à terme garanti de premier rang pour un montant total en principal de jusqu'à 350 000 000 USD (le « prêt à terme ») et une augmentation des engagements en vertu de sa facilité de prêt garantie par des actifs existante (« ABL ») de 50 millions à 65 millions USD. Le produit du prêt à terme devrait être utilisé pour rembourser les 134 millions USD restants des billets garantis de premier rang de la Société venant à échéance en 2015, financer une portion d'un dividende d'environ 217 millions USD aux actionnaires de la Société, ainsi que les coûts de transaction et aux fins générales de l'entreprise.

Merrill Lynch, Pierce, Fenner & Smith Incorporated et Jefferies Finance LLC agiront en qualité de chefs ... Read more »
Views: 205 | Added by: africa-live | Date: 06.04.2013

La protection CipherONE®, meilleure de sa catégorie, est économique, facile à déployer et à gérer, et se conforme aux exigences associées aux réseaux à large bande

CONCORD, Massachusetts - Mardi 4 Juin 2013 [ME NewsWire]

(BUSINESS WIRE)--Technical Communications Corporation (NasdaqCM : TCCO) lance son crypteur IP Cipher X® 7211 avec le gestionnaire IP KEYNET, offrant une sécurité de niveau supérieur pour les données en transit grâce à la combinaison unique d’évolutivité, de performance, de flexibilité et de facilité d’utilisation pour un maximum d’économies associées aux exigences des réseaux à large bande, dont les applications multidiffusions. Télécharger les images, visionner la vidéo.

John Maher, directeur de l’Ingénierie et du Développement de produit chez TCC a indiqué, « La conception novatri ... Read more »
Views: 192 | Added by: uaeonlinenews | Date: 06.04.2013

CipherONE® best-in-class protection is cost-effective, simple to deploy and manage, and supports broad network requirements

CONCORD, Mass - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Technical Communications Corporation (NasdaqCM: TCCO) launches its Cipher X® 7211 IP encryptor with KEYNET IP Manager, providing superior-grade security for data in transit, with a unique combination of scalability, performance, flexibility and ease of use for maximum cost efficiencies over broad network requirements, including multicast applications. Download photos, view video.

John Maher, director of Engineering and Product Development at TCC, said, "The innovative design of the Cipher X 7211 makes adding, managing and upgrading comprehensive communications security easy and cost-effective regardless of network topology and requirements, media or application. Securing data in transit is a critical component of a cybersecurity strategy.”

CipherONE Optimize ... Read more »
Views: 201 | Added by: uaeonlinenews | Date: 06.04.2013

DUBAI, United Arab Emirates & BANGALORE, India - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company today announced that it has been selected as a strategic IT partner by Majid Al Futtaim Ventures LLC, Dubai, one of the subsidiaries of the Majid Al Futtaim group of companies. As a part of the five year engagement, Wipro will support the implementation of an ERP solution as well as provide managed services, including infrastructure platforms and applications support for Majid Al Futtaim Ventures LLC, a leading developer of some of the region’s most iconic leisure concepts and experiences.

Founded in 1992, Majid Al Futtaim group of companies is one of the leading shopping mall, retail and leisure pioneers with operations in 12 countries and over 24,000 employees. Majid Al Futtaim Ventures develops and operates all the leisure and entertainment facilities at Majid Al Fu ... Read more »
Views: 206 | Added by: africa-live | Date: 06.04.2013

Pulp mills confirm August deadline to stop receiving natural forest wood

ME Newswire / Business Wire

JAKARTA, Indonesia - Tuesday, June 4th 2013

Asia Pulp and Paper Group (APP) today announces that its commitment to end deforestation in its supply chain continues to protect Indonesian rainforest. The announcement comes as the company releases the third update to its Sustainability Roadmap ‘Vision 2020’.

APP’s Forest Conservation Policy (FCP), which ended natural forest clearance in the company’s supply chain, was announced on February 5 this year. Natural forest will be identified through High Conservation Value (HCV) and High Carbon Stock (HCS) assessments currently underway across all APP land concessions in Indonesia. The assessments, which are set to be completed early next year, are being undertaken by The Forest Trust (TFT) and independent HCV assessors, to determine which parts of APP’s supplier concessions contain natural forest, all of which will ... Read more »
Views: 216 | Added by: uaeonlinenews | Date: 06.04.2013

ANX621X Family Receiver Chips Allow Next Generation Notebooks and Mobile Device Users to Continue Connecting With Legacy Projectors and Displays


SANTA CLARA, Calif - Tuesday, June 4th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Analogix Semiconductor, Inc. today announced the availability of its new ANX621X Family of discrete DisplayPort™ to video graphics array (VGA) converter chips, which allow PC and mobile phone makers to continue designing notebooks, tablets and phones that work with the millions of installed VGA-compatible projectors, monitors and TVs.

Microprocessor makers have increasingly been dropping integrated analog VGA transmitters from their devices to reduce costs and power consumption. Yet many enterprise and consumer users still require VGA connectivity to display their video output on existing projectors and other devices.

Analogix’s ANX621X Family line addresses the continued need for VGA connectivity with a selection of three DisplayPort r ... Read more »
Views: 261 | Added by: uaeonlinenews | Date: 06.04.2013

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