SYDNEY--6 Aug--AsiaNet/InfoQuest GPS CHIP... THALWIL and BERLIN: Navilock, the German positioning products manufacturer,has chosen a GPS chip developed by u-blox, the leading Swiss provider of GPSreceiver technology, to power a high performance Bluetooth GPS mouse.http://www.u-blox.comhttp://www.navilock.com PHARMACEUTICAL COLLABORATION... EXTON, Pa.: Melior Discovery, Inc. Monday announced that it has signed anagreement with Johnson & Johnson Pharmaceutical Research & Development, L.L.C.to apply Melior's theraTRACE indications discovery platform to identifypossible new indications for multiple J&JPRD drug candidates.http://www.meliordiscovery.com ISTITHMAR REVISES... DUBAI: Istithmar PJSC, a leading private equity and alternative investmenthouse headquartered in Dubai, announced Sunday that it has revised its offer toacquire Barneys New York, the luxury specialty retailer, from Jones ApparelGroup Inc. at a purchase price of US$900 million and under competitive terms inthe share purchase agreement.http://www.istithmar.ae INTERNET EXECUTIVE... AUCKLAND, NZ: New Zealand.VortexDNA, a provider of advanced Web 3.0personalisation and business search technology software, Friday announced thatJohn Hart of Palo Alto, California is joining its executive team as vicepresident of business development and commercialisation, effective immediately.http://vortexdna.com 100TH ANNIVERSARY... TORONTO: Penguin Group (Canada) has announced a major Canadian andinternational publishing program in celebration of the 100th Anniversary ofAnne of Green Gables, including publication of an official prequel, to coincidewith the 100th anniversary of the book's original publication in 1908. PULMONARY DEVICE... JEFFERSON, N.C.: Next Safety, Inc. will begin to sample its proprietarypulmonary device that has proven to have higher efficacy than cigarettes andunlike tobacco products does not contain carcinogens.http://www.nextsafety.com NIKE STORE... BEIJING: Nike Friday opened a flagship store in the heart of Beijing,underscoring the company's brand leadership in China, strong growth momentum inone of Nike's largest markets, and its rapidly expanding retail presence inmore than 300 cities across the country. NEW CHRYSLER... AUBURN HILLS, Mich. and STUTTGART: Chrysler announced that the sale of themajority interest in the Chrysler Group to an affiliate of Cerberus CapitalManagement, L.P. was completed Friday, creating Chrysler LLC, or "The NewChrysler" -- the first major North American automotive manufacturer in morethan a half century to be privately owned.http://www.cerberuscapital.com GLG REPORTS... LONDON: GLG Partners (GLG), a leading alternative asset manager, Fridayreported net income of $309 million for the quarter ended June 30, 2007 and$329 million for the first half of 2007.http://www.glgpartners.com FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principal amount of twosecurities issues amounting to a total of US$300 million on Aug 14, 2007 at aredemption price equal to 100 percent of the principal amount redeemed plusaccrued interest.http://www.fanniemae.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.