SYDNEY, July 28--AsiaNet/InfoQuest
LYCOURGOS KYPRIANOU...
NEW YORK: On Tuesday, July 26, 2005, the Nicosia District
Court issued additional Orders in the case by the Trustees of
the AremisSoft Liquidating Trust on behalf of its more than
6,000 beneficiaries, against Lycourgos Kyprianou and others.
http://www.gtlaw.com
WEB GUIDE...
LONDON: Eversheds LLP announced that it has launched the
first comprehensive web-based guide to critical legal issues in
European countries.
http://www.eversheds.com/directorslawofeurope/index
TIMBER RIGHTS...
BOSTON: The Hancock Timber Resource Group announced that it
has signed an agreement to acquire the ownership interests of
entities owning or controlling more than 930,000 acres of
timberland or timber rights managed by the Harvard Management
Company.
http://www.hancocktimber.com
http://www.mfcglobal.com
http://www.jhancock.com
http://www.manulife.com
MICROFINANCE PARTNER...
REDMOND: Unitus has announced a $1.1 million investment in
microfinance institution (MFI) Grameen Koota (GK) in Bangalore,
Karnataka, India. The MFI partnership will help GK grow from
serving 22,000 to 500,000 clients by 2009.
www.unitus.com
www.grameenkoota.org
UNITUS EXPANDS...
REDMOND: Unitus, an innovative nonprofit organization that
helps alleviate poverty by accelerating the growth of
microfinance institutions worldwide, has announced a
microfinance partnership with Bandhan in Kolkata, West Bengal,
India.
www.unitus.com
TVIA INTRODUCES...
SANTA CLARA: Tvia, Inc., the world's leading provider of
multimedia digital display processors for advanced TV, emerging
digital display and consumer electronics markets, announces the
availability of the Tvia HD LCD-TV and HD PTV turnkey Reference
Design Kits based on the TrueView 5600 and 5700 series of
advanced multimedia digital display processors.
http://www.tvia.com
LABOUR AGREEMENT...
MONTREAL: Alcan Inc. has announced that its Kitimat, British
Columbia smelter's hourly workers have ratified a new
three-year labour agreement with the Company. Members of the
Canadian Auto Workers Local 2301 voted in favour of the new
agreement yesterday.:
MARKETING RELATIONSHIP...
GLENDALE: DreamWorks Animation SKG and McDonald's
Corporation have announced a two-year worldwide marketing and
promotional relationship. The first film associated with the
tie-in will be Shrek 3, slated for release in 2007 and will
include such signature promotions as McDonald's Happy Meals.
http://www.mcdonalds.com
CNH REPORTS...
LAKE FOREST: CNH Global N.V. has reported second quarter
2005 net income of $114 million, compared to second quarter
2004 net income of $83 million. Results include restructuring
charges, net of tax, of $4 million in the second quarter of
2005, and $24 million in last year's second quarter.
http://www.cnh.com
LEADERSHIP ROLE...
NEW PROVIDENCE: Inductis announced the appointment of David
Sokal as Principal. His joining, based out of New York,
coincides with the global consulting and analytics firm's fifth
anniversary and will strengthen senior consulting leadership at
Inductis.
http://www.inductis.com
ACQUISITION AGREEMENT...
FREMONT: ActivCard Corp. has announced that it has signed an
agreement to acquire Protocom Development Systems Pty. Ltd.
Under the terms of the agreement, ActivCard will make an
initial cash payment of $21.0 million and issue 1.65 million
shares of ActivCard common stock to Protocom shareholders.
http://www.protocom.com
http://www.activcard.com
KOMAG REPORTS...
SAN JOSE: Komag, Incorporated, a leading independent
supplier of thin-film media for disk drives, has announced
second quarter of 2005 revenue of $172.7 million, net income of
$29.9 million, diluted earnings per share of $0.93 and record
level finished disk shipments of 27.6 million units. Second
quarter 2005 financial results significantly exceeded both the
prior quarter and year ago quarter.
http://www.komag.com
NEW STUDY...
MINNEAPOLIS: From Lamaze classes to epidurals, expectant
mothers will do almost anything to ease the pain during
childbirth. But now a new study reveals that an innovative form
of relief during labor could be right on the tip of your
nose.
http://www.breatheright.com
http://www.cns.com
THIRD EDITION...
GENEVA: In June 2005 the Ecma General Assembly approved the
third edition of the standards for C# and CLI. With the first
edition of the standards in 2002 and their adoption by ISO/IEC
in 2003, the industry was given powerful tools to enable
vendor-neutral development of Web services. Ecma is keeping
pace with the growing needs of the developer community by
publishing the third edition.
http://www.ecma-international.org
NEW PARTNER...
BANGALORE: ING Vysya Life Insurance Co Ltd. (ING Vysya Life)
has confirmed that Exide Industries Ltd. (Exide) is set to
become a major shareholder and partner as the business
continues to expand its market share and premium income across
India. Exide will acquire the 49.13 per cent stake held by GMR
Industries Ltd.
GEMPLUS REPORTS...
LUXEMBOURG: Gemplus International S.A., the world's leading
provider of smart card solutions, has reported results for the
second quarter ended June 30, 2005.
http://www.gemplus.com
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