AsiaNet Daily Summary - Press Releases for Wednesday Dec. 17, 2008

ข่าวต่างประเทศ Wednesday December 17, 2008 15:56 —Asianet Press Release

SYDNEY--17 Dec--AsiaNet/InfoQuest HOSTED UC SERVICES... SINGAPORE: Asian enterprises are expected to adopt a cautionary approach towards IT investments in the next two years, preferring to spend on applications that can shift capital costs to operational costs and solutions that focus on growing top- and bottom-lines. This is likely to work in favour of driving demand for hosted unified communications (UC) services which offer OPEX (operational expenditure) or utility-based pricing models. http://www.frost.com TATA TECHNOLOGIES... PUNE, LONDON and DETROIT: Boosted by a 29 per cent year-on-year growth in non-domestic engineering revenues, Tata Technologies Limited (TTL) for the second successive year, earned a top-3 ranking among engineering services providers in the prestigious annual Dataquest survey of India's IT industry. www.incat.com CMPMEDICA SIGNS... LONDON: CMPMedica, a global healthcare information provider that is a division of United Business Media Limited, has signed a worldwide agreement to supply ISOFT, one of the world's largest providers of healthcare IT solutions, with comprehensive evidence-based drug information. http://www.cmpmedica.com INDIAN WRITERS... DELHI: Mills & Boon, the global leader in series romance and one of the world's leading publishers of women's fiction, announced Tuesday that it has created the Passions short story writing contest exclusive to India to discover the world's next big romance author. www.millsandboonindia.com RADEBERGER GROUP... KAISERSLAUTERN: CAS AG, the leading global provider of demand side management solutions for the consumer products industry, Tuesday announced that the Radeberger Group, Germany's leading brewer with a market share of 15 per cent, has extended its long-standing partnership with CAS. www.casrealresults.com UATP EXPANDS... WASHINGTON: UATP continues its expansion in China, adding Shenzhen Airlines as a merchant to the UATP Network. To meet customer demand and increase the airlines' revenue, Shenzhen chose UATP as a form of payment. www.shenzhenair.com COREWORX SELECTED... KITCHENER: Coreworx Inc., a subsidiary of Acorn Energy, Inc., Tuesday confirmed Citic Pacific Minings use of Coreworx's software to help manage workflow and project construction content for its US$3.5 billion Sino Iron mining project in Australia. www.citicpacificmining.com FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principal amount of three securities issues amounting to a total of US$100 million on December 26, 2008 at a redemption price equal to 100 per cent of the principal amount redeemed plus accrued interest. http://www.fanniemae.com REBIT SECURES... LONGMONT: Rebit Inc., the company dedicated to relieving the burden of backup for PC users, Tuesday announced that it has successfully closed its Series B round of financing, for a total of $5.7 million. www.Rebit.com TATA POWER... HOUSTON: Tata Power Trading Company Limited, part of the Tata Group of companies, has selected Sungard's Zainet to help it streamline and automate its power trading operation and support its plans for continued growth in India and beyond. www.sungard.com AFH HOLDING... BEVERLY HILLS: AFH HOlding & Advisory, LLC, an integrated financial advisory and consulting firm serving U.S. and international clients who seek capital formation, strategic counsel and sophisticated access to global capital markets, Wednesday announced that AFH has been engaged by Asia Special Situation Acquisition Corporation. http://afhholdingandadvisory.com/ AVG 8.0 PROTECTS... AMSTERDAM: Security software from AVG effectively blocks attempts by cyber criminals seeking to capitalize on the recently discovered vulnerability in Microsoft's Internet Explorer web browser. The vulnerability enables unauthorized third parties to take control of users' PCs by tricking them into visiting poisoned web pages. http://www.avg.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.

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