SYDNEY--26 Feb--AsiaNet/InfoQuest PACNET EXPANDS... HONG KONG - Pacnet Tuesday announced its latest investmentinto expanding its subsea cable network with the launch of itsfirst Trans-Pacific cable infrastructure, EAC Pacific. http://www.pacnet.com FONTERRA ENGAGES... WELLINGTON - Futurestep, the outsourced recruitingsubsidiary of Korn/Ferry International, Tuesday announced thatit has been engaged by Fonterra, the world's largest dairyexporter and New Zealand's largest employer, to provide RPOservices for its operations in the Australasia region. http://www.futurestep.com http://www.kornferry.com UNIVERSITY USES... ATLANTA - Lancope, Inc., the provider of the StealthWatchSystem, the most widely used network behavior analysis andresponse solution, Tuesday announced that the University ofAdelaide is using StealthWatch to gain 100 per cent insightinto routed network traffic in order to identify anomalies suchas worms and interface congestion. ORC OPENS... NEW YORK - Keeping pace with the global business boom in theMiddle East, ORC Worldwide, a human resource managementconsulting company headquartered in New York, has opened itsfirst Middle East branch to customers in the Gulf. http://www.orcworldwide.com VALE SETTLES... RIO DE JANEIRO - Companhia Vale do Rio Doce (Vale), theworld's largest iron ore producer, concluded the iron ore finesprice negotiations for 2008 with China Steel Corporation, thelargest Taiwanese steelmaker. http://www.vale.com FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principalamount of MTN securities issues amounting to a total of US$500million on March 6, 2008 at a redemption price equal to 100 percent of the principal amount redeemed plus accrued interest. http://www.fanniemae.com DAY-LEWIS WEARS... LONDON - Daniel Day-Lewis won the Best Actor Award atyesterday's Oscars for his role in There Will Be Blood wearinga suit specially created for him by Sir Paul Smith. MICREL LAUNCHES... SAN JOSE - Micrel Inc., an industry leader in analog, highbandwidth and Ethernet IC solutions, Monday announced that itis launching the world's first programmable receiver featuringjam avoidance. http://www.micrel.com MICREL INTRODUCES... SAN JOSE - Micrel Inc., an industry leader in analog, highbandwidth communications and Ethernet IC solutions, Mondayintroduced a new member to its high power density family ofproducts, a fully-integrated 4A synchronous buck regulator, theMIC22400 for powering systems from 3.3V and 5V supply rails. http://www.micrel.com REVENUE REACHES... PRINCETON - The global advertising market grew to just overUS$600 billion in 2007, according to The Kelsey Group, theleading provider of research, data and strategic analysis ondirectional and interactive local media. http://www.kelseygroup.com NETDRAGON BUYS... HONG KONG - The PRC's leading game developer and operatorNetDragon Websoft Inc. ("NetDragon" or the "Company," with itssubsidiary collectively the "Group") announces that itrepurchased 15,975,000 shares in its capital in 16 rounds from18 December 2007 to 19 February 2008. EX-EMPLOYEE PLEADS... LOS ANGELES - A former Contessa Premium Foods, Inc.employee, Orlando Pipolo, pled guilty and has been sentenced infederal court for his scheme to obtain confidential and otherproprietary information through unauthorized access ofContessa's computer network. http://www.contessa.com INTEKRIN STUDIES... LOS ALTOS - InteKrin Therapeutics, Inc., a privately-heldclinical stage biopharmaceutical company focused on thedevelopment and commercialization of novel drugs for thetreatment of diabetes, obesity and metabolic disease, announcedMonday that it has initiated a Phase 2b study in diabeticpatients with its lead product candidate INT131, a non-TZDSPPARM. http://www.InteKrin.com POST SELECTS... LACROSSE - AddressVision Inc., a Bull Group subsidiary and aleading provider of postal automation solutions, Mondayannounced that Australia Post has chosen AVI to upgrade itsaddress recognition and mail automation capabilities forprocessing the country's letter mail. http://www.bull.com '.ASIA' RUSHES... HONG KONG - DotAsia Organisation is happy to announce thesuccessful launch of the ".Asia" Landrush period. http://www.registry.asia ZINIO ANNOUNCES... SAN FRANCISCO - Zinio, the leading online publishing,distribution and retail services company, announced two pivotalinitiatives today; the launch of an online Global Newsstand;and a partnership spanning Europe and Latin America with AccesoGroup, a company part-owned by both Havas Media -- the mediadivision of Havas, one of the largest communication andadvertising groups worldwide -- and ISP. http://www.zinio.com TOSHIBA JOINS... TOKYO - ULDAGE Inc., a patent license company, announcedMonday that Toshiba Corporation and Hitachi, Ltd. have becomeshareholders of ULDAGE. http://www.uldage.com AsiaNet is a consortium of leading news agenciesdistributing unedited, translated news releases for worldwideclients. Visit www.asianetnews.net for full-text versions.