Sydney, Dec. 07--PRNewswire/AsiaNet
NETWORK CONTRACT...
HONG KONG: Communications company Marconi today announced it has signed “an 8 million British pounds sterling wireless network contract with SpeedNet,the Japanese carrier that offers high-speed internet access services in Tokyo" a press release said. The new deal will enable SpeedNet “to provide high speed internet access to its residential customers using the existing electricity transmission infrastructure and fibre optic cables."
IT CONSORTIUM...
SINGAPORE: Seagate Technology, a provider of storage technology for the Internet, business and consumers, today announced it has joined Compaq Computer Corp to form an independent industry consortium to develop its products.They will work in conjunction with other companies involved in the industry.
HEART STUDY...
MILAN: A new treatment option for cardiovascular patients has been identified following significant results of the “largest study ever conducted in heart failure" a press release reported today. According to the Mario Negri Institute for Pharmacological Research, the drug valsartan produces “significant improvements in outcomes" in patients suffering heart failure.
HEART HEALTH...
BASEL: A new study has reported positive results for the drug treatment of heart failure patients, it was revealed today. After a large scale trial, the drug Diovan has been found to significantly reduce morbidity rates, a press release from Novartis Pharma said.
BIOPHARMACEUTICAL MERGER...
CAMBRIDGE: Millennium Pharmaceuticals,Inc. and COR Therapeutics,Inc. today announced a merger agreement. Millennium is to acquire COR “in a stock-for-stock exchange valued at $2.0 billion" and the combined company will be named Millennium Pharmaceuticals, Inc.
FUNDING ANNOUNCEMENT...
HAYWARD: Calyx Therapeutics Inc today announced it has “completed a US$30 million round of funding" according to a press statement. Calyx is a pharmaceutical company focusing on oral therapies for diabetes and inflammatory diseases and bases its research on natural plant extracts.
I.T. FORUM...
BEIJING: Data storage company MTI Technology Corp is to present the latest network solutions for data backup, replication and disaster recovery at the Third Information Harbor Forum, a press release said. The forum is the “largest government technical symposium in China" and will run in Shanghai on December 9 and 10, 2001.
VIDEO ACCESSORY...
NETANYA: Emblaze Research and OmniVision Technologies have announced the availability of EmblazeCam, a video camera accessory which “allows people to capture and send pictures and video clips on today's phones with existing networks ..." a media release said. The new product connects to cell phones and “enables video capture, recording, messaging and conferencing applications".
WEB MANAGEMENT...
BOSTON: Internet solutions provider Presence Online has announced the release of its latest Java platform for web content management. The new system handles increased content and is more efficient and user friendly, according to Presence Online Director Adam Ginsburg.
EXECUTIVE APPOINTMENTS...
HONG KONG: Global Sources Ltd, provider of merchandise trade sourcing information, today announced “the appointment of Peter Zapf, Vice President, eCommerce, to lead the Electronic Commerce Services Group" according to a company release. Mr Zapf’s focus is to “manage the continuing development of Global Sources software solutions" which will “help further the company's core competence of providing merchandise sourcing information in both public and private environments".
(AsiaNet is a consortium of leading news agencies distributing unedited,translated press releases for worldwide clients. Contact: www.asianet.com.au for full-text versions).