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AsiaNet Daily Summary - Press Releases for Friday, July 4, 2008
ATTENTION EDITORS,
SYDNEY, July 4 /AsiaNet/ --
ARROW SEMINAR... HONG KONG - Arrow Asia Pac Ltd., a business unit of Arrow Electronics, Inc., announced that it will co-host lighting solution seminars in New Delhi on July 15 and Mumbai in India on July 17 with Cree, Inc., a market leader in LED solid-state lighting components. www.arrowasia.com www.cree.com
V FLIGHTS... BRISBANE - V Australia celebrates Independence Day early by announcing direct flights between Los Angeles and Brisbane, Australia. New flights to offer travelers freedom of choice from March 1, 2009 - $999* return economy fares on sale at www.vaustralia.com. www.vaustralia.com
ORGAN TRANSPLANTATION... BOSTON - The July 5 issue of the leading medical journal, The Lancet, highlights the Declaration of Istanbul on Organ Trafficking and Transplant Tourism, an important affirmation of ethical principles and practices adopted on May 2, 2008, at an International Summit of more than 150 healthcare professionals, officials, scientists, ethicists and legal scholars from 78 countries and 20 international organizations. www.prnewswire.com/mnr/transplantationsociety/33914/
LULU.COM EXPANSION... RALEIGH, N.C. - Lulu.com, the premier online self-publisher, makes up 27 per cent of all print-on-demand content and with over 1.3 million users, is adding more printers to support this growth and better serve customers. The print-on-demand publishing industry continues to grow with a 38 per cent increase over the last year, making it clear that the self-publishing and on-demand trend is still booming. www.lulu.com
VASCO SUBSIDIARY... OAKBROOK TERRACE, Ill. - VASCO Data Security International, Inc., a leading software security company specializing in authentication products, today announced that it will reinforce its presence in Asia by opening a subsidiary in Mumbai, India. VASCO received the official Certificate of Incorporation of VASCO Data Security Private Limited at the end of Q2 2008. http://www.vasco.com
CELLECTIS JV... BIOCITECH - Cellectis SA today announced the signature of an agreement with Regeneron Pharmaceuticals, Inc. over the use of Cellectis' patents covering certain uses of homologous recombination for the generation of innovative human therapies, including the development of fully human monoclonal antibodies. As part of the agreement, Cellectis will receive an upfront of $12,450,000 from Regeneron. In addition, Regeneron will invest in Cellectis' equity. www.cellectis.com
NOWPUBLIC AWARDED... VANCOUVER - NowPublic, the world's largest participatory news network, today announced that its own South Asia Bureau Chief, Sanjay Jha, is the first-ever Indian to win a Loeb Award, one of the highest honors in American business journalism. Jah, based in New Delhi, joined NowPublic this past May and reports on Indian and South Asian affairs. www.nowpublic.com
VALE ANNOUNCES GLOBAL OFFERING... RIO DE JANEIRO - Companhia Vale do Rio Doce announces that, subject to market conditions and receipt of final approval from the Brazilian securities regulator, it plans to launch a global offering of up to 256,926,766 common shares and 164,402,799 preferred shares on or near July 4, 2008. The global offering will consist of a registered offering in Brazil and an international offering, which will include a registered offering in the United States. www.cvrd.com.br www.vale.com
FANNIE MAE... WASHINGTON, D.C. - Fannie Mae will redeem the principal amount of MTN securities issues amounting to a total of US$250 million on July 14 and July 16, 2008, at a redemption price equal to 100 per cent of the principal amount redeemed plus accrued interest. www.fanniemae.co
JAPAN-RUSSIA NETWORK... TOKYO and MOSCOW - TransTeleCom Company CJSC, Russia's leading telecommunications backbone operator and NTT Communications Corporation, announced on July 3 that the Hokkaido-Sakhalin Cable System, which directly links the two companies' telecom networks via an undersea cable between Nevelsk, Sakhalin in Russia and Ishikari, Hokkaido, Japan, began commercial operation on July 3. www.ntt.com/index-e.html
WARTSILA ACQUISITION... HELSINKI - Wartsila has acquired the global ship design group Vik-Sandvik, a leading independent group providing design and engineering services to ship owners and the ship building industry worldwide. The value of the acquisition is EUR 132 millions, with an additional maximum sum of EUR 38 millions to be paid based on the performance of the business over the next three years. In 2007, Vik-Sandvik's turnover was EUR 55 millions and the profitability is on a very good level. The number of employees is 410. www.wartsila.com
NABRIVA CEO... VIENNA - Nabriva Therapeutics, a specialist in antibiotics development, announces that Dr George Golumbeski has been appointed as Chief Executive Officer of the Company.
AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients. Visit www.asianetnews.net for full-text versions. DATE OF RELEASE : 4 JULY 2008 RELEASED BY BERNAMA MEDIA RELATIONS & EVENT MANAGEMENT
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