New round of financing fuels expansion of current customer base and development of new products

SAN JOSE, Calif - Tuesday, March 25th 2014 [ME NewsWire]

(BUSINESS WIRE)-- EnVerv Inc., an innovative fabless semiconductor company and a leading provider of high performance communications and metering System on Chip (SoC) solutions for the Advanced Metering Infrastructure (AMI), smart grid, solar and other grid connectivity markets, announced today the closing of its $15.4M round of series C financing with participation from Cassiopeia Capital Partners, Cisco, UMC Capital and existing investors Benchmark Capital, NEA and Walden International.

“We are very glad to have raised this sizable round of investment,” said Michael Raam, CEO and President of EnVerv. “This round further underscores our dedication to providing high-performance SoC solutions to our customers. We intend to utilize this capital to support the production ramps, expand our custo ... Read more »

ABU DHABI, United Arab Emirates - Tuesday, March 25th 2014 [ME NewsWire]

Markus Ulbig, Minister of Interior of the German State of Saxony, who is currently visiting the UAE, praised the achievements of the Abu Dhabi Police Traffic and Patrols Directorate in the field of smart traffic systems. He also praised the implementation of the comprehensive traffic safety plan that has contributed to the reduction in the number of traffic accidents and their resulting deaths and serious injuries. Moreover, the Saxon Minister of Interior commended the major development that he has witnessed during his current visit to the directorate, since his previous visit two years ago. He stressed that both parties share the same visions and that both can benefit from the sharing of experiences.

Ulbig made these statements during his visit to the Abu Dhabi Police Traffic and Patrols Directorate. Ulbig met with Brigadier Eng. Hussein Ahmed Al Harithi, Director of Traffic and Patrols Directo ... Read more »

Brian Jahnke Named European, Middle Eastern, African VP

STRATFORD, Conn - Tuesday, March 25th 2014 [ME NewsWire]

(BUSINESS WIRE) Food service industry veteran Brian Jahnke has been named Kitchen Brains® Vice President of Business Development covering European, Middle Eastern and African markets (EMEA).

Hiring Jahnke, based in Freiburg, Germany, supports and expands Kitchen Brains growth strategy initiated last year with the appointment of CEO Timothy Lane. The ambitious plan includes continual support of current customers as well as building distribution capabilities and bringing value-added solutions to new markets and new and existing hospitality and food service partners.

“We are delighted Mr. Jahnke joined our efforts to bring Kitchen Brains technology such as the Smart Commercial Kitchen to even more customers across EMEA,” said Christian Koether, Vice President of Kitchen Brains. “He is a seasoned international sales and bu ... Read more »

NEWTOWN SQUARE, Pa - Tuesday, March 25th 2014 [ME NewsWire]

(BUSINESS WIRE) According to PMI’s 2014 Pulse of the Profession® study, poor requirements management is a major cause of project failure, second only to changing organization priorities. In order to help project professionals and organizations overcome this challenge, Project Management Institute (PMI), the world's leading not-for-profit professional membership association for the project management profession, is expanding its requirements management offerings. The online Requirements Management Knowledge Center of Excellence and the Professional in Business Analysis (PMI-PBA)SM credential are launching today. PMI is also scheduled to publish a practice guide on the topic of business analysis and a full-consensus requirements management practice standard. Together, these and other new PMI resources will better position requirements management a ... Read more »

DUBAI, United Arab Emirates - Sunday, March 23rd 2014 [ME NewsWire]

Shop for anything at any mall outlet from March 20-April 12 and be among 240 lucky ones taking home their daily mall spending in Mall Gift Vouchers

Arabian Center’s latest promotion, running from March 20 to April 12 promises to turn shopping into a ‘Buy Anything, Win Back Everything’ rampage. This first-of-its-kind offer in the UAE will give a total of 240 shoppers at any of the mall’s outlets a great chance to win back 100% of the value of their daily spend by way of mall gift vouchers.

Every day of the 24-day promotion will, therefore, see each of approximately 10 lucky winners taking back home that day’s entire spending on purchases at the mall, up to a maximum limit of AED 5,000.

It’s a tradition with one of Dubai’s favorite shopping destinations to throw open great shopping bonanzas from time to time when patrons are rewarded for their loyalty. It’s that opportune time when over 200 of ... Read more »

Companies to focus on developing and delivering solutions to eliminate siloed business processes

WARREN, N.J. & BANGALORE , India - Tuesday, March 25th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Mindtree, a global technology solutions company, today announced a strategic alliance with Pegasystems Inc.(NASDAQ: PEGA), the leader in Business Process Management (BPM), to develop and optimize custom BPM solutions. The solutions will be based on Pegasystems’ Build for Change® technology platform.

"Customers want a solution that leverages BPM platforms across multiple lines of business,” said Paul Gottsegen, Senior VP, Chief Marketing & Strategy Officer at Mindtree. "Our broad alliance with Pegasystems helps our clients accelerate their efforts to create a more streamlined organization.”

"Mindtree shares our vision of providing clients with innovative solutions that solve a broad spectrum of challenges that today’s businesses face on the path to becoming digi ... Read more »

i2c's global platform provides bank with advanced card processing and mobile capabilities

REDWOOD CITY, Calif - Tuesday, March 25th 2014 [ME NewsWire]

(BUSINESS WIRE)-- i2c, Inc., a provider of payment processing and emerging commerce solutions, today announced that Caledonian Bank Ltd., a division of Caledonian Global Financial Services Inc., is leveraging its global platform for next-generation card processing.

Founded in 1970, Caledonian provides high net worth individuals and corporations around the world with a full range of financial services, including banking, brokerage, wealth management and asset protection services. It was named Best Private Bank in 2013 by World Finance and Best Offshore Bank by Global Financial Review.

"Caledonian is guided by a set of core values – Integrity, Excellence and Leadership – which factored into our choice of payment processor. We chose i2c because they will be a partner in helping us uphold these values,” said Ellj ... Read more »

WASHINGTON. - Mardi 25 Mars 2014 [ME NewsWire]

(BUSINESS WIRE)Lors d’une rencontre trimestrielle tenue le 20 mars, le Conseil d’administration de l’Overseas Private Investment Corporation (l’OPIC) a approuvé deux accords-cadres aux clauses desquels l’OPIC et Citi, banque mondiale de grande envergure, partageront les risques de crédit liés au financement du développement des projets outre-mer. Les cadres de partage des risques à l’échelle mondiale couvrent à la fois les prêts commerciaux et un nouveau mécanisme de financement accessible.

Les deux accords offrent à l’OPIC une garantie des prêts octroyés par Citi aux emprunteurs dans les pays éligibles au soutien de l’OPIC dans le monde entier. Début 2003, Citi et l’OPIC ont développé un Programme de partage des risques dans lequel l’OPIC offre une garantie partielle détaillée pour les prêts émis et étendus par Citi sur l ... Read more »

SHENZHEN, China - Monday, March 24th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Aeronautical Radio of Thailand Limited, a state enterprise under the Ministry of Transport and Communications of Thailand, recently announced that Hytera Communications Co., Ltd has won the contract to supply TETRA radios for Suvarnabhumi and Don Muang Airport in Bangkok, Thailand.

Aeronautical Radio of Thailand Limited (AEROTHAI), founded in 1948 by airlines with the consent of the Royal Thai Government, aims to provide air traffic control and aeronautical communication services for airline operations. AEROTHAI built an integrated TETRA system network covering Bangkok International Airports since 2007, and it was used by the ground crews and logistic company for daily operational communications.

Provided by AEROTHAI, Suvarnabhumi and Don Muang Airport in Bangkok, Thailand, among the top 15 busiest airports in the world, have been using Hytera TETRA radios since April 2013 for trial. The use ... Read more »

Dubai, United Arab Emirates - Tuesday, March 25th 2014 [ME NewsWire]

(BUSINESS WIRE)-- The Treedom Group, a luxury aromatic oud oil manufacturer and supplier to global fragrance and perfume markets, has recently introduced to the Middle East market the Forward Purchase Agreement (FPA) and its regional version, the "Oud Asset Agreement” (OAA), in collaboration with the Shari’a Review Bureau (SRB). The FPA has been available for the past 9 years across Europe and Asia with more than 2000 clients whereas the OAA has been recently certified by the SRB on an international level. Customers can select from these two opportunities that actively offer investors within the region an increased return potential and lowered equity risk.

The structure of OAA, a high Yield Shari’a Compliant Impact Savings Plan, as well as the FPA is that clients are invited to purchase parcels of feedstock which will deliver portfolio construction of Agarwood oil distillation in a scheme that offers a h ... Read more »

Supports High Output Current in Combination with an External Power Transistor

TOKYO - Tuesday, March 25th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Toshiba Corporation (TOKYO:6502) today announced the launch of "TB9005FNG”, a 5-volt constant voltage regulator for application in automotive systems. Sample shipments start today, with mass production scheduled to start in December 2014.

"TB9005FNG” supports 1A or higher output current in combination with external power transistors1, allowing use in automotive applications that require high output current. The IC also incorporates system reset functions for reset of microcontrollers when their voltage is lowered or clock signals are cut off, which contributes to improved safety for automotive systems.

Applications

Automotive applications using 5-volt microcontrollers

Key Features

Part Number
          

TB9005FNG

Output Voltage
   &n ... Read more »

ABU DHABI, United Arab Emirates - Monday, March 24th 2014 [ME NewsWire]

Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, met Markus Ulbig, the Minister of Interior of the State of Saxony in Federal Germany, and his accompanying delegation at his office on Sunday.

During the meeting, both parties reviewed issues of mutual interest and discussed ways to strengthen the cooperation between them in the fields of police work, training, and student exchanges.

Present at the meeting were Major General Nasser Lakhrebani Al Nuaimi, Secretary General of the Office of HH Deputy Prime Minister and Minister of Interior; Major General Khalifa Hareb Al Khaili, Assistant Undersecretary of the Ministry of the Interior for Resources and Support Services; Major General Mohammed Al Awadhi Al Menhali, Director General of Human Resources at Abu Dhabi Police; Brigadier Eng. Hussain Ahmad Al Harthi, Director of Traffic and Patrol Directorate a ... Read more »

ME Newswire / Business Wire

SUMMIT, N.J - Monday, March 24th 2014

OTEZLA demonstrated stable improvements in PASI response up to week 52 in ESTEEM 1 OTEZLA significantly improved signs and symptoms of psoriasis, including scalp and nails, compared with placebo in ESTEEM 2 at week 16, consistent with previously-reported ESTEEM 1 data Long term safety and tolerability profile in ESTEEM 1 was consistent with previously-reported long-term data from OTEZLA clinical trial programs No clinically meaningful changes in laboratory measurements compared with placebo observed in ESTEEM 1 or 2

Celgene Corporation (NASDAQ:CELG) today released new research findings on OTEZLA® (apremilast), the Company’s oral, selective inhibitor of phosphodiesterase 4 (PDE4), from the ESTEEM 1 and 2 phase III studies in patients with moderate to severe plaque psoriasis at the 72nd Annual Meeting of the American Academy of Dermatology (AAD) Annual Meeting in Denver, CO.

In ESTEEM 1 and ... Read more »

WASHINGTON - Monday, March 24th 2014 [ME NewsWire]

 (BUSINESS WIRE)--- In a quarterly meeting March 20, the Overseas Private Investment Corporation’s (OPIC) Board of Directors approved two framework agreements that will align OPIC with Citi, the leading global bank, in sharing credit risk for development financing in overseas projects. The global risk-sharing frameworks cover both commercial lending and a new inclusive finance facility.

The two agreements provide OPIC’s guarantee of loans made by Citi to borrowers in OPIC-eligible countries around the world. Beginning in 2003, Citi and OPIC developed a Risk Sharing Program wherein OPIC provides a comprehensive partial guarantee for loans originated and extended by Citi in the emerging markets. During a decade-plus partnership, Citi and OPIC have executed 16 different frameworks totaling $2.8 billion in guarantee capacity.

Loans previously guaranteed by OPIC through Citibank have supported large-scale developme ... Read more »

TOKYO - Tuesday, March 25th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Shiseido Co., Ltd. (TOKYO:4911) has been selected and awarded the 2014 World’s Most Ethical Companies designation for the third consecutive year. The announcement was made on March 20, 2014 by Ethisphere® Institute, a U.S.-based international think-tank dedicated to advocating best practices in business in such areas as corporate ethics and corporate social responsibility (CSR).

In addition to strengthening governance and thoroughly adhering to sound corporate ethics, global companies are currently urged to address major management challenges by taking a leadership role concerning social and environmental issues while also ensuring profitable, sustainable growth. Shiseido considers that these consecutive awards indicate society’s evaluation for its initiatives toward "becoming a global player representing Asia with its origins in Japan”. Shiseido will not only promote management with even more transparen ... Read more »

ABU DHABI, United Arab Emirates - Monday, March 24th 2014 [ME NewsWire]

The Decision-Making Support Center at Abu Dhabi Police General Headquarters, has recently released 10,000 summarized copies of the novel "Suhail,” and printed 300 copies of the novel to give to staff members of the Ministry of Interior, because of the novel’s beautiful meaning that encourages the spirit of sacrifice for the country.

Dr. Abdulla Ali Al Taboor, Emirati history researcher and author of the novel "Suhail”, welcomed Abu Dhabi Police General Headquarters’ initiative to print the novel’s summary and distribute it among the staff members at the Ministry of Interior. He said that this very noble initiative set up by the police leadership encourages the value of sacrifice for the pride of the homeland; keeping its flag flying high.

He added: "This initiative encourages writers and authors to enrich the intellectual scene with this kind of writing, which represents different aspects of sa ... Read more »