SYDNEY--10 May--AsiaNet/InfoQuestNIWANO AWARDS... TOKYO: The Niwano Peace Foundation awarded on Thursday the24th Niwano Peace Prize to Dharma Master Cheng Yen of Taiwan,the founder of the Buddhist Compassion Relief Tzu ChiFoundation. http://www.npf.or.jp/english/english.html USA INNOVATION... WASHINGTON: USA for Innovation has announced an advertisingcampaign in Thailand aimed at highlighting Thailand's theft ofAmerican and European medical technology at the expense of thepoor and sick. The advertisement, a full-page ad in The Nation,highlights the actions of Health Minister Mongkol Na Songkhla,which hurt jobs, investment and access to safe medicines forthe people of Thailand. http://www.usaforinnovation.org ADVERTISING CAMPAIGN... WASHINGTON: USA For Innovation announced on Thursday anadvertising campaign to highlight Thailand's web of deceit andtheft of American innovation and jobs. http://www.usaforinnovation.org MYTH #3... WASHINGTON: ThaiMyths.com, a project of USA For Innovation,unveiled Myth #3 on Thursday to draw attention to the deceit inThailand's decision to steal American and Europeaninnovation. http://www.thaimyths.com ASIAN DISTRIBUTOR... SINGAPORE: Analog Devices Inc. has named Avnet ElectronicsMarketing, an operating group of Avnet, Inc., as its firstpan-Asian distributor. http://www.em.avnet.com KUNG FU GAME... SAN DIEGO and TAIPEI: Sony Online Entertainment LLC (SOE), aglobal leader in the online games industry, has announced thatits Taipei-based SOGA studio, in conjunction with ShanghaiNorthstar is developing a game based on the hit movie Kung FuHustle. www.nstartech.com INTEL FUNDING... MOUNTAIN VIEW: JAJAH has announced it has received fundingfrom Intel Capital, the venture capital arm of IntelCorporation. REWARDS PROGRAM... MUMBAI and SINGAPORE: UTI Bank has announced the launch of"UTI Bank Spice Rewards" - a multi-retailer, merchant supportedbankcard rewards program in the competitive andundifferentiated Indian market. http://www.utibank.com http://www.welcome-rt.com SHARE SALE... BRISBANE: Progen Pharmaceuticals Limited has announced thatit has completed the sale of 6.9 million shares of common stockat US$4.75 (A$5.74) per share for an aggregate purchase priceof US$32.8 million (A$39.7 million) to institutional and otherinvestors, which was announced on 3 May 2007. COMPANY INSIGHT... NEW YORK and LONDON: BusinessWeek and Capital IQ, a divisionof Standard & Poor's, have joined forces to launch the CompanyInsight Center (CIC), one of the most comprehensive freebusiness and financial information resources on the Internet. http://www.businessweek.com http://www.capitaliq.com BEST LISTING... DUBLIN: Norkom Group plc has been named the "best newlisting in Ireland" at IR Magazine's Annual Awards forexcellence in Investor Relations. http://www.norkom.com NEW FACTORY... MUMBAI: GKN Driveline, the market leader in India, is toexpand its presence by building a new factory for themanufacture of sideshafts, including a state-of-the-art testcentre, near Chennai. http://www.gkndriveline.com FANNIE MAE... WASHINGTON: Fannie Mae on Wednesday launched its fourthBenchmark REMIC issue. http://www.fanniemae.com LOMBARDINI ACQUISITION... KOHLER: Kohler Co.'s Global Power Group, a global leader inengines and power generator systems, has entered into anagreement to purchase Lombardini Srl from Mark IV LuxembourgS.A.R.L., a subsidiary of Mark IV Industries, Inc. http://www.kohlerco.com http://www.KohlerEngines.com http://www.mark-iv.com http://www.bcpartners.com FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principalamount of one securities issues amounting to a total of US$25million on May 21, 2007 at a redemption price equal to 100 percent of the principal amount redeemed plus accrued interest. http://www.fanniemae.com ANADIGICS SHIPS... WARREN: ANADIGICS, Inc. has announced that they are shippingproduction volumes of ANADIGICS AWT6310R dual-band poweramplifier module to LG Electronics for its VX9400 mobilephone. http://www.anadigics.com VERIZON AWARDED... BASKING RIDGE: Verizon Business has been awarded the 2006Cisco Systems Global Managed Services Partner of the Year Awardfor the company's outstanding ability to work with Cisco todevelop and market comprehensive, scalable managed services formutual customers of both companies. http://www.verizon.com http://www.prnewswire.com/comp/094251.html ELEVATOR CONTRACT... FARMINGTON: Otis Elevator Company, a unit of UnitedTechnologies Corp., was awarded a nearly $8 million contract tosupply and install elevators for the first residentialdevelopment in New Songdo City, South Korea's new internationalcity and the world's largest private real estate development. http://www.otis.com IBM AGREEMENT... SHANGHAI: VeriSilicon Holdings Co., Ltd., a leading worldclass ASIC design foundry and semiconductor IP provider, hasannounced an agreement with IBM to offer the PowerPC 405 and440 microprocessors. http://www.verisilicon.com VERISILICON LICENSES... SHANGHAI and CAMBRIDGE: VeriSilicon Holdings Co., Ltd. andARM, have announced that VeriSilicon has licensed theARM926EJ-S processor. http://www.verisilicon.com/ FACIAL RECOGNITION... MINNETONKA, COVERT: Sensible Vision, the innovator ofcontinuous authentication, and Digi International haveannounced the integration of Sensible Vision's FastAccessfacial recognition software with Digi's Watchporthigh-performance USB cameras. http://www.sensiblevision.com CHINESE OPERATIONS... BEIJING: As part of a long-term strategic plan to supportmanufacturing growth in China and at its operations around theworld, executives with Caterpillar Inc. celebrated on Wednesdaythe grand opening of new manufacturing operations in Wuxi,China. http://www.CAT.com VIETNAM FACILITY... HO CHI MINH CITY: Jabil, a global leader in electronicproduct solutions, will expand its Asia presence with theaddition of a facility in Ho Chi Minh City, Vietnam. FUEL SYSTEMS... NOVI: MAHLE Test Systems, a major supplier of end-of-lineand diagnostic engineering services to the global automotiveindustry, has announced industry-wide availability of its newTestLogiq Mobile Evaporative System Dry Leak Tester forautomotive and component fuel systems. http://www.mahlepowertrain.com AsiaNet is a consortium of leading news agenciesdistributing unedited, translated news releases for worldwideclients. Visit www.asianetnews.net for full-text versions.