SYDNEY--7 Dec--AsiaNet/InfoQuest PULSAR SELLS... YAVNE: Pulsar Ltd., pioneer and leader in magnetic pulse welding, Fridayannounced the first sale of its magnetic pulse welding system in Korea.http://www.pulsar.co.ilhttp://www.rist.re.kr/new/english IAC EXPANDS... MUMBAI: International Automotive Components Group (IAC) Thursday announcedthat it has been awarded two new contracts to supply instrument panels to afuture Mahindra & Mahindra (M&M) utility vehicle and a Mahindra InternationalLtd. (MIL) medium/heavy-duty truck program.http://www.iacgroup.com RISK MANAGEMENT... NEW YORK, LONDON and BEIRUT: The Global Association of Risk Professionalsand the Banque du Liban have teamed up to jointly develop a first-of-its-kindCertificate in Risk Management for Islamic Financial Institutions due to belaunched in late 2008.http://www.garp.orghttp://www.bdl.gov.lb JOINT VENTURE... DOHA and JAKARTA: The Government of Indonesia Thursday signed a jointventure agreement with the Qatar Investment Authority (QIA), the globalinvestment vehicle of the Government of Qatar, to set up a US$1 billioninvestment holding company. SPRAY SYSTEM... WESTLAKE, Ohio: Powder coating capability is in everyone's reach with thenew easy to use and affordable RediCoat Manual Powder Spray System from NordsonCorporation, a worldwide leader in powder coating equipment and technology.http://www.nordson.com FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principal amount of threesecurities issues amounting to a total of US$116.95 million on Dec 17 and 20,2007 at a redemption price equal to 100 percent of the principal amountredeemed plus accrued interest.http://www.fanniemae.com FRIENDSTER ANNOUNCES... SAN FRANCISCO: Friendster, Inc. Thursday announced that Friendster.com isavailable in two additional major languages -- Japanese and Korean -- allowingFriendster users and visitors a choice of languages to navigate the site, entercontent and use Friendster's complete set of social networking features.http://www.friendster.com CLOCK DIVIDERS... SAN JOSE, Calif.: Micrel Inc., an industry leader in analog, high bandwidthcommunications, and Ethernet IC solutions, Thursday added four new divide bythree and divide by five clock dividers to its clock divider product family.http://www.micrel.com WORLD FIRST... HILVERSUM: On 6 December, Dutch broadcasting companies Radio NetherlandsWorldwide and IKON in Hilversum are launching a world first: the integral textsof the Bible and the Qu'ran alongside each other on one website.http://www.bibleandkoran.net TECHNOLOGY AGREEMENT... LOS ANGELES: BigWorld Technology Thursday announced an agreement with SierraOnline to use the BigWorld Technology Suite in the development of an upcomingPC online game targeting a mass market audience.http://www.sierra.comhttp://www.bigworldtech.com PROGRESS WELCOMES... SINGAPORE: Progress Software Corporation, a leading provider of applicationinfrastructure software to develop, deploy, integrate and manage businessapplications, celebrates a successful year as it welcomes its first 6 ProgressApplication Partners (AP).http://www.progress.com/asia AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients. Visit www.asianetnews.net for full-text versions.