SYDNEY--11 May--AsiaNet/InfoQuest AMERICAN INNOVATION... WASHINGTON: ThaiMyths.com, a project of USA For Innovation,unveiled Myth #4 to draw attention to the deceit in Thailand'sdecision to steal American and European innovation. http://www.thaimyths.com GLOBAL SUMMIT... WASHINGTON: USA For Innovation has announced they will hosta global summit to discuss the important role of intellectualproperty rights in advancing new medical innovations. http://www.usaforinnovation.org http://www.ThaiMyths.com OIL OUTPUT... LONDON: The 10 members of the Organization of PetroleumExporting Countries bound by the group's output agreementsproduced an average 26.57 million barrels of crude oil per dayin April, a Platts survey showed May 10. http://www.mcgraw-hill.com http://www.platts.com FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principalamount of one securities issues amounting to a total ofUS$14.489 million on May 21, 2007 at a redemption price equalto 100 per cent of the principal amount redeemed plus accruedinterest. http://www.fanniemae.com JAJAH FUNDING... MOUNTAIN VIEW: JAJAH has announced it has received fundingfrom Intel Capital, the venture capital arm of IntelCorporation. http://www.jajah.com http://www.intelcapital.com FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principalamount of one securities issues amounting to a total of US$55million on May 20, 2007 at a redemption price equal to 100 percent of the principal amount redeemed plus accrued interest. http://www.fanniemae.com AIRCRAFT CONTRACT... WICHITA: Spirit AeroSystems, Inc. won a 7 year contract fromSikorsky Aircraft Corp., worth in excess of $150 million, tosupply major structural components for the CH-53K heavy lifthelicopter for the United States Marine Corps. http://www.spiritaero.com SOCIAL NETWORK... SAN FRANCISCO: Friendster, Inc., a leading global socialnetwork that helps people reconnect and stay in touch withfriends and discover new people and things that are importantto them, has announced the launch of a multi-year partnershipwith OLX ( www.olx.com ), a next-generation global onlineclassifieds listing provider. http://www.friendster.com http://www.olx.com/ CABLE MODEMS... WARREN: ANADIGICS, Inc. has announced the industry's firstcomplete RFIC solution for cable modems designed to meet thenew DOCSIS 3.0 standard: the ANADIGICS ARA2017 programmablegain upstream amplifier, and the ANADIGICS AIT1061 integratedwideband data tuner. http://www.anadigics.com VIDEO FINANCING... NEW YORK: ROO Group, a global leader in online videosolutions for content providers, advertisers and websites, hasannounced it has completed a private equity financing withgross proceeds of $25 million, in a common stock transaction. FUTURE FUND... LONDON: Northern Trust has been selected by the Future FundBoard of Guardians to provide global custody and relatedservices to the Future Fund, which currently has approximatelyAUD$51 billion (US$42 billion) in assets. http://www.northerntrust.com GAMING EXPO... MACAU: Gaming professionals planning to attend next month'sGlobal Gaming Expo Asia can look forward to a conferenceprogram filled with world-class educational content and theunique opportunity to hear directly from industry leaders aboutthe trends and issues affecting the industry in Asia and aroundthe world. http://www.G2EAsia.com AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients. Visit www.asianetnews.net for full-text versions