Sentiment towards commercial real estate shows signs of improvement RICS Global Commercial Property Survey Q3 2009

Rental expectations remain negative; Capital value expectations turn positive for first time in over a year; Yields fall although at a slower pace than in Q2

November 11, 2009 /India PRwire/ — The latest RICS Indian Commercial Property Survey published today (11th November) suggests that sentiment in India is still fairly subdued although there are noticeable improvements compared to the second quarter report. Importantly, the turnaround in commercial property is relatively evenly spread across the three major sectors (office, industrial and retail).

Confidence in the outlook for lettings activity over the next three months has edged up although rents are still expected to decline, albeit more modestly. A net balance of 15% more surveyors are reporting negative rather than positive rental expectations. This was also a significant improvement from expectations in the previous quarter when the net balance was 44%. In addition, the survey also shows that sentiment in India is less downbeat than other major economies, such as the US, UK and Japan.

Highlights of RICS Indian Commercial Property Survey Q3 2009:

  • Rental expectations remain negative
  • Capital value expectations turn positive for first time in over a year
  • Yields fall although at a slower pace than in Q2

Moreover, RICS Global Property Survey Q3 2009 is noticeably more upbeat than the second quarter report both in terms of the lettings environment and investment activity. Confidence in the outlook for tenant demand over the next three months is either less negative or more positive than was previously the case in every region of the world. This better tone has, significantly, also begun to filter through into rental expectations. Latin American and Asian countries have the most favourable readings when it comes to the outlook for rents with Hong Kong enjoying a particularly big swing in sentiment. In the second quarter of the year, a net balance of 67% of respondents from Hong Kong expected rents to fall further; by contrast in the latest survey, a net balance of 16% of respondents suggest rents are likely to rise over the next three months

Peru, Columbia and Brazil also reported positive net balances on rental expectations while South Korea, China, Thailand and India were only moderately negative. Australia, UAE and the UK also saw rental expectations become less negative over the quarter but the weak results from the US and Japan were not far from the lows touched in the second quarter report. Interestingly, a number of European countries including Ireland, France and Spain have the worst readings on the rental outlook.

The mood amongst real estate investors also appears to have perked up according to the survey with capital values expected to increase in a number of countries including Brazil, Hong Kong, South Korea, China and India. This more positive mood has also been reflected in activity indicators with number of investment bidders per property picking up sharply not just in Asia and Latin America but also in a number of European countries. This is consistent with the latest data from Real Capital Analytics (see page 2 of the RICS survey) which shows either a steadying or a modest increase in transaction levels around the globe.

Sentiment towards capital values in the US is, however, still very negative with 53% more surveyors expecting further declines (rather than increases) in the run-up to Christmas. In the UK, the net balance on capital values expectations is still in negative territory although only marginally so and there has been a noticeable increase in transaction activity.

RICS chief economist Simon Rubinsohn said:

“The rebound in Asian economies is clearly being reflected in the more positive responses to both rental and capital value expectations throughout the region. By way of contrast, the relatively sluggish economic revival though much of Europe and the US is consistent with the more downbeat results for these regions.”

“This contrast could become even more pronounced through 2010 as any unwinding of the monetary and fiscal stimulus presents a further challenge to the tentative recoveries being experienced in most western economies.”

RICS India MD and Country Head Sachin Sandhir said:

“With this survey, RICS has endeavoured to provide a quarterly guide to developing trends for the Indian commercial property investment and occupier market. The results mirror market sentiments which are reflected in the improving outlook especially for the office sector as investment activity picks up to and tenant demand continues to strengthen.”

Source: Press release distribution via India PRwire

Notes to Editor

About the Global Property Commercial Survey

RICS’ Global Commercial Property Survey is a quarterly guide to the developing trends in the commercial property investment and occupier market. This edition details market conditions for the 2nd quarter of 2009 based on information collected from leading international real estate organisations and local firms.

About RICS

RICS is the world’s leading qualification when it comes to professional standards in land, property and construction. In a world where more and more people, governments, banks and commercial organisations demand greater certainty of professional standards and ethics, attaining RICS status is the recognised mark of property professionalism.

Over 100 000 property professionals working in the major established and emerging economies of the world have already recognised the importance of securing RICS status by becoming members.

RICS is an independent professional body originally established in the UK by Royal Charter. Since 1868, RICS has been committed to setting and upholding the highest standards of excellence and integrity – providing impartial, authoritative advice on key issues affecting businesses and society. RICS is a regulator of both its individual members and firms enabling it to maintain the highest standards and providing the basis for unparalleled client confidence in the sector.

For more information, please contact:
Neha Khatter (Senior Executive) (L) 011 – 46523400

Francorp chalks out Interbrand’s foray into the Indian franchising arena

Interbrand, one of the leading premium men’s wear brands is all set to explore the Indian market through franchising and have tied up with Francorp for the development of their franchise program.

November 11, 2009 /India PRwire/ Interbrand, one of the leading premium men’s wear brands is all set to explore the Indian market through franchising and have tied up with Francorp for the development of their franchise program. Catering to the premium end of the market, Interbrand offers high quality men’s footwear, shirts, trousers and accessories such as wallets, belts, ties etc. The uniqueness of Interbrand is the PRODUCT, which are of genuine quality and are produced in Italy by leading manufacturers who also supply to other established brands worldwide.

Indian consumers have found Interbrand’s niche product range very endearing as they carry a distinct Italian look and feel. Buyers in India have become very style conscious and quickly lap up products which have a unique Italian touch. With its emphasis on men’s footwear and accessories, Interbrand’s products are designed to leave an indelible imprint on the mindscape of buyers who keeping returning to explore the latest in fashion and style. At present, the company operates two stores, one in Select City Walk, Saket and the other one in Ambience Mall, Gurgaon. Though the company started its operations nearly two years back, it was the successful launch of their second store in Select City walk which gave the company, the necessary footprint to establish itself as an emerging player in the Men footwear and apparel market. In the next two years, Interbrands intends to reach a target of 10 outlets by opting for the franchise route.

Highlighting the immense potential of the Indian apparel, footwear and accessories market, Mr. Gaurav Marya, President Francorp said, “The apparel market In India is estimated at Rs 1,17300 crore. It is growing at CAGR 13 per cent and is expected to reach Rs 2,17,000 crore in the near future. India is at present, witnessing a retail boom with its 350 million strong middle class comprising mainly of the youth aspiring to have international brands in their wardrobe. This presents a unique opportunity for men’s wear brands to benefit from the upsurge in demand and create top-of the mind recall.”

Adding further Gaurav Marya said, “Francorp is excited to join hands with Interbrand. The association would help us increase the depth of our knowledge and expertise. Francorp would help Interbrand identify the right locations where it can open its franchise stores. We have the mandate of preparing an elaborate strategy for the successful implementation of its franchise program.”

Francorp has facilitated Interbrand’s participation in Franchise India 2009, the 7th edition of the Asia’s Biggest Franchise & Retail Opportunity Show to be held on 26th & 27th November 2009 at Ashoka Hotel, New Delhi. The show provides an incredible platform for both leading and emerging brands to showcase their concepts to the potential investors. Spanned over 2 days, the show comprises of a comprehensive Exhibition covering all the industries extensively with massive domestic and international participation, informative and enlightening Conference & Workshops with prominent international and national speakers to impart knowledge and highly prestigious Franchise Awards 2009 featuring Star Retailer Awards, to recognize the excellence in the industry! The show attracts over 25000 visitors and is highly successful for all its participants. The show would effectively position Brainsmith as a promising brand for making a long term investment and provide the much needed fillip to its expansion plans.

Source: Press release distribution via India PRwire

Notes to Editor

About Francorp

Since its inception in 1976, Francorp has been the unsurpassed leader of the Franchise Consulting Industry globally. Over the years, Francorp based out of Chicago, has assisted companies in virtually every market segment with its patented processes and unmatched expertise. Globally Francorp has assisted more than 10,000 companies for expansion, and has developed more than 2,000 franchise programmes throughout the US, Japan, South Africa, Middle East, Central America, Malaysia, Philippines, Argentina, Chile and Mexico. Its notable clients include companies like Bridgestone, XEROX, Shell Oil, Hallmark Cards, Encyclopedia Britanica, Mad Science Group, Pollo Camperio, Ace Hardware, BP, Fruehauf, and Gant, to name a few.

About Franchise India

Franchise India Holding Ltd. is Asia’s largest integrated franchise solution company since 1999, with an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The firm has already consulted numerous brands in past few years like Videocon, HP, Reebok, Store 99, Pidilite, Hauck, Xenos, HCL, MGF, Kwality Walls, Tata, Gitanjali, HSBC, Levis, JK Tyres, Lakme, D’damas, Euro Kidz, The Apollo Clinic, Chhabra 555, Kidzee, Motilal Oswal, Rosebys, Next, Welhome and many more through its media initiatives, advisory services and exhibitions. With its strategically formed divisions, FIHL has created its own niche as the pioneers of franchise industry and a small business authority.

For more information, please contact:
Rushali (PR) (L) 09899695319

Everest: Recruitment Processing Outsourcing Market on the upswing

Notwithstanding, the tough economic environment, the RPO market continues to grow at a healthy rate in terms of deal signings in the last few years. However, the nature of deals and the hiring volume has changed in 2009, according to Everest Group, a global consulting and research firm. While the offshoring leverage within RPO is currently lower than overall HRO, increasing cost pressures in the current economic environment has led North American and UK buyers to start receiving the back-office RPO services from offshore location such as India.

The study, Recruitment Process Outsourcing (RPO) – Moving Beyond the Pioneer Stage reveals that while India-headquartered suppliers such as Infosys, Wipro, and Caliber Point have already entered this space in the past two years, Western suppliers such as Momentum and PeopleScout are also leveraging India for delivering RPO services. The study also projects a marginal increase in deal signings this year compared to 2008, but decreased hiring volume is resulting in more selective, smaller-sized deals. More than half of the deals are inked by North American firms; however, adoption is on the rise by buyers in the United Kingdom and Continental Europe, particularly Germany and France.

“RPO is witnessing a fair amount of interest among buyers given the focus and specialization that RPO suppliers bring to the table.” said Gaurav Gupta, Principal and Country Head, Everest Group. “While the hiring volumes are down in the current economic environment, the value proposition of RPO is still resonating with buyers that are looking for a cost-effective and flexible option to withstand the current turmoil and at the same time create an efficient and effective talent acquisition process that can be scaled up quickly when business environment improves.”

Key insights of the study include:

While China and India have significant potential due to large hiring volumes, the market is nascent as RPO is primarily adopted by MNCs with operations in these countries.
Globally, buyer adoption is led by manufacturing, high-tech and telecom sectors
A significant number of North American-headquartered large, multinational companies (MNCs) adopt RPO for their European and Asia-Pacific operations.
Almost 75 percent of deals cover a single country only, with regional adoption on the rise in North American and EMEA regions driven by US- and UK-based buyers.
While base fee plus variable charge is the most common pricing structure, there is an increase in pure variable pricing that allows buyers to scale up or down according to hiring needs.
Compared to multi-process HRO, global sourcing is limited with offshoring occurring with a small number of mature RPO relationships.

“The majority of suppliers have an onshore-centric delivery system with many suppliers creating regional partnerships to broaden geographical coverage of the RPO solutions,” said Rajesh Ranjan, Research Director and co-author of the report. “The RPO market is intensely competitive, and we’ve witnessed a lot of M&A activity as suppliers seek to enter the RPO market, strengthen capability and gain access to technology.”

Sixteen suppliers participated in the study: Adecco, Aon, Alexander Mann Solutions, Caliber Point, Futurestep, Hays, Infosys, Momentum, Ochre House, PeopleScout, Pinstripe, SourceRight Solutions, Spring Group, Talent2, The Right Thing and Wipro.

To read more about the findings of Recruitment Process Outsourcing (RPO) – Moving Beyond the Pioneer Stage, an extract of the report is available at www.everestresearchinstitute.com.

Francorp chalks out Interbrand’s foray into the Indian franchising arena

Interbrand, one of the leading premium men’s wear brands is all set to explore the Indian market through franchising and have tied up with Francorp for the development of their franchise program. Catering to the premium end of the market, Interbrand offers high quality men’s footwear, shirts, trousers and accessories such as wallets, belts, ties etc. The uniqueness of Interbrand is the PRODUCT, which are of genuine quality and are produced in Italy by leading manufacturers who also supply to other established brands worldwide.
Indian consumers have found Interbrand’s niche product range very endearing as they carry a distinct Italian look and feel. Buyers in India have become very style conscious and quickly lap up products which have a unique Italian touch. With its emphasis on men’s footwear and accessories, Interbrand’s products are designed to leave an indelible imprint on the mindscape of buyers who keeping returning to explore the latest in fashion and style. At present, the company operates two stores, one in Select City Walk, Saket and the other one in Ambience Mall, Gurgaon. Though the company started its operations nearly two years back, it was the successful launch of their second store in Select City walk which gave the company, the necessary footprint to establish itself as an emerging player in the Men footwear and apparel market. In the next two years, Interbrands intends to reach a target of 10 outlets by opting for the franchise route.
Highlighting the immense potential of the Indian apparel, footwear and accessories market, Mr. Gaurav Marya, President Francorp said, “The apparel market In India is estimated at Rs 1,17300 crore. It is growing at CAGR 13 per cent and is expected to reach Rs 2,17,000 crore in the near future. India is at present, witnessing a retail boom with its 350 million strong middle class comprising mainly of the youth aspiring to have international brands in their wardrobe. This presents a unique opportunity for men’s wear brands to benefit from the upsurge in demand and create top-of the mind recall.”
Adding further Gaurav Marya said, “Francorp is excited to join hands with Interbrand. The association would help us increase the depth of our knowledge and expertise. Francorp would help Interbrand identify the right locations where it can open its franchise stores. We have the mandate of preparing an elaborate strategy for the successful implementation of its franchise program.”
Francorp has facilitated Interbrand’s participation in Franchise India 2009, the 7th edition of the Asia’s Biggest Franchise & Retail Opportunity Show to be held on 26th & 27th November 2009 at Ashoka Hotel, New Delhi. The show provides an incredible platform for both leading and emerging brands to showcase their concepts to the potential investors. Spanned over 2 days, the show comprises of a comprehensive Exhibition covering all the industries extensively with massive domestic and international participation, informative and enlightening Conference & Workshops with prominent international and national speakers to impart knowledge and highly prestigious Franchise Awards 2009 featuring Star Retailer Awards, to recognize the excellence in the industry! The show attracts over 25000 visitors and is highly successful for all its participants. The show would effectively position Brainsmith as a promising brand for making a long term investment and provide the much needed fillip to its expansion plans.

About Francorp
Since its inception in 1976, Francorp has been the unsurpassed leader of the Franchise Consulting Industry globally. Over the years, Francorp based out of Chicago, has assisted companies in virtually every market segment with its patented processes and unmatched expertise. Globally Francorp has assisted more than 10,000 companies for expansion, and has developed more than 2,000 franchise programmes throughout the US, Japan, South Africa, Middle East, Central America, Malaysia, Philippines, Argentina, Chile and Mexico. Its notable clients include companies like Bridgestone, XEROX, Shell Oil, Hallmark Cards, Encyclopedia Britanica, Mad Science Group, Pollo Camperio, Ace Hardware, BP, Fruehauf, and Gant, to name a few.

About Franchise India
Franchise India Holding Ltd. is Asia’s largest integrated franchise solution company since 1999, with an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The firm has already consulted numerous brands in past few years like Videocon, HP, Reebok, Store 99, Pidilite, Hauck, Xenos, HCL, MGF, Kwality Walls, Tata, Gitanjali, HSBC, Levis, JK Tyres, Lakme, D’damas, Euro Kidz, The Apollo Clinic, Chhabra 555, Kidzee, Motilal Oswal, Rosebys, Next, Welhome and many more through its media initiatives, advisory services and exhibitions. With its strategically formed divisions, FIHL has created its own niche as the pioneers of franchise industry and a small business authority.

For further details, please contact FIHL.
Ms. Payal Gupta 98113 90248 [email protected]
Or visit www.francrop.in

Don Boroian, The Gobal Franchise Tycoon Visits Franchise India 2009

Don Boroian, the global franchise tycoon and the Chairman of Chicago based Francorp Inc confirms his presence at Franchise India 2009, the 7th edition of Asia’s Biggest Franchise & Retail Opportunity Show to be held on 26th & 27th November 2009 at Ashoka Hotel, New Delhi.

November 11, 2009 /India PRwire/ — Don Boroian, the global franchise tycoon and the Chairman of Chicago based Francorp Inc confirms his presence at Franchise India 2009, the 7th edition of Asia’s Biggest Franchise & Retail Opportunity Show to be held on 26th & 27th November 2009 at Ashoka Hotel, New Delhi. Organized by the Asia’s largest integrated franchise and retail Solution Company, Franchise India, the show displays Indian and global brands and is an “Opportunity Show” for liasioning with brands and a pool of out-of-box business ideas and practices.

Don Boroian is the most widely read author, speaker and highly sought after consultant in the field of franchise strategy and business expansion. Being the biggest name in the franchise industry, his views are valued across business geographies. In 1976, Boroian founded Francorp Inc, the world’s largest and oldest franchise consulting company. Providing strategic planning, legal, operations and marketing consultancy, Francorp was the first and only firm to offer its clients comprehensive franchise consulting and development services under one roof.

With over three decades of experience in the consulting space, Don Boroian has been instrumental in developing the franchise strategy for more than 10,000 companies across industry verticals and has created full franchise development programs for more than 2000 organizations worldwide. Francorp’s belief in the robustness of the Indian market is backed by statistics, which highlight the fact that the Indian Franchise market is estimated to be around USD 7 billion and is growing at a steady rate 30-35 per cent annually offering a fertile market for international franchisors to expand into.

Francorp Inc. partnered with Franchise India early this year to offer end to end franchise solutions under the banner of Francorp India. Presently based in New Delhi, Francorp India is planning to set up offices in various cities in the near future. The corporation between Francorp Inc and Franchise India would help Indian franchise brands to expand their franchise network into the international markets as well.

Franchisors across the globe stand to gain immensely from this joint venture as it offers investors a deep knowledge pool to tap into. On 27th November 2009, Don Boroian would address a special “Power Breakfast” which will be attended by select group of national and international business leaders. The Breakfast meeting will be immensely useful to provide unique insights on the franchise business globally. This will be followed by a ‘Conference’ where Don Boroian would elucidate his views along with other eminent CEOs addressing the challenges in the franchise industry.

Explaining the significance of these developments, Mr. Gaurav Marya, President Francorp said, “Don Boroian’s visit to India is considered highly significant in the context of India’s growing importance in today’s globalized economy. The franchise industry has witnessed high growth rates in the Indian sub-continent since its beginning in the early 90s and there is still enormous scope for growth. India has the highest retail density in the world and franchise brands experience an 85% success rate, while start up ventures experience a 90% failure rate. This stark difference in success rates highlights the importance of franchise consulting in today’s scenario. In India, Francorp is the undisputed market leader in franchise consulting domain due to its unmatched expertise and unique business approach. Our proven business strategies have helped small format businesses to chart a new trajectory of growth. By educating the industry about the inherent potential of the franchise model of business expansion our mission is to propel Industry to the next level of growth and make India a force to reckon with in the global economy.”

Source: Press release distribution via India PRwire

Notes to Editor

About Francorp

For over 30 years, Francorp has been the leader in the franchise consulting industry. Globally Francorp has assisted more than 10,000 companies for expansion, and has developed more than 2,000 franchise programmes throughout the US, Japan, South Africa, Middle East, Central America, Malaysia, Philippines, Argentina, Chile and Mexico. Its notable clients include companies like Bridgestone, XEROX, Shell Oil, Hallmark Cards, Encyclopedia Britanica, Mad Science Group, Pollo Camperio, Ace Hardware, BP, Fruehauf, and Gant, to name a few.

About Franchise India

Franchise India Holding Ltd. is Asia’s largest integrated franchise solution company since 1999, with an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The firm has already consulted numerous brands in past few years like Videocon, HP, Reebok, Store 99, Pidilite, Hauck, Xenos, HCL, MGF, Kwality Walls, Tata, Gitanjali, HSBC, Levis, JK Tyres, Lakme, D’damas, Euro Kidz, The Apollo Clinic, Chhabra 555, Kidzee, Motilal Oswal, Rosebys, Next, Welhome and many more through its media initiatives, advisory services and exhibitions. With its strategically formed divisions, FIHL has created its own niche as the pioneers of franchise industry and a small business authority.

For more information, please contact:
Rushali (PR) (L) 09899695319

Jinny’s VoiceSMS takes off in Africa

Major new revenue streams being sought by Mobile Network Operators through additional, affordable VAS
CAPE TOWN, Nov. 10th, 2009 – Jinny Software, a leading global supplier of messaging and media platforms to mobile network operators, today announced it has a number of VoiceSMS trials underway with several Mobile Network Operators (MNOs) across Africa in countries, which include: Kenya, Tanzania and Burkino Faso. The company expects many other operators across the region, and beyond, to further their interest in its VoiceSMS offering during 2010 onwards.
To implement Jinny’s VoiceSMS as an additional application on the Jinny Media Resource Server requires minimal additional investment. For an operator who has already implemented other Jinny voice services, such as Missed Call Notification and Voicemail, or personalisation services such as Ringback Tones, VoiceSMS is just another application that is hosted on the application servers. With this low CAPEX start, operators can expect a fast return on investment from VoiceSMS services, with messages offering a similar price point to standard texting.
The potential of VoiceSMS can be seen from the example of one group operator’s network in Northern Africa, where a VoiceSMS service had accounted for around 5% of the blended ARPU less than two years after service launch. With an average of 8-10 VoiceSMSs sent per user per month, at a price of US$0.05, the monthly VoiceSMS revenue by the start of 2009 was close to US$1 million (1), fully justifying the operator’s investment in the service.
The African market is well suited for this additional and more affordable VAS, offering an alternative to voice at a reduced rate. An approach to pricing the service being considered by some group operators in Africa is to offer the same tariffs for VoiceSMS across all their African networks. In this scenario, a message sent between two different countries, e.g. Kenya and Tanzania, but within the same operator group, is charged at one rate, regardless of origin and destination, with first retrieval included in the price.
A further major advantage of VoiceSMS over text for the African market is it offers everyone, irrespective of language, alphabet, literacy level or handset, the chance to send a short personal message to the recipient. It also educates the customer base about voice-related services, still the primary and strongest revenue stream for MNOs in Africa and the rest of the world.
“The VoiceSMS service relies on fundamentally the same technology as voice mail, but is marketed and priced as an event-based messaging service like SMS. VoiceSMS Centre interconnection over IP provides a cost-effective way of delivering this voice messaging service both between local and international MNOs,” said Ludovic Patraud, Head of Product Management, Jinny Software. “VoiceSMS, while providing a significant revenue stream with quick ROI when marketed correctly, enables the operator and its customers to embrace new voice services at attractive price points.”
Aniket Deuskar, Sales Director Africa, Middle East & Asia for Jinny, added, “As part of our Call Completion proposition roll-out, Jinny is looking forward to successfully completing the VoiceSMS trials currently underway and seeing these operators reap the rewards from these new voice and call-related services in terms of increased ARPU and network revenue, once commercially launched.”

-End-
(1) Source: Analysys Mason, Can SMS services succeed in growth markets? February 2009.

Notes to Editors
About Jinny Software – www.jinny.ie
Jinny Software enables mobile network operators to drive revenue, manage costs, retain customers and shorten time-to-market through a range of messaging and media solutions and services and a fully managed mobile advertising service. Jinny’s product suite includes highly efficient, future-proof core messaging platforms and ARPU-enhancing applications built on open and common architectures.
Jinny’s mobile advertising managed services team offers a fully-managed service to operators to implement their mobile advertising strategy. Jinny delivers the technical solution to implement mobile advertising, the commercial solution to handle relationships with agencies and brands, and comprehensive support on campaigns for design, management, and reporting.
Implementation, project management, support and training is provided by Jinny’s service teams located in Brazil, Ireland, Kenya, UAE, Panama and Malaysia.
Jinny Software operates from its headquarters in Dublin, Ireland, regional headquarters in Dubai, UAE, and sales offices in Sao Paulo, Nairobi and Kuala Lumpur. Jinny Software is a wholly owned subsidiary of the Acotel Group S.p.A, headquartered in Rome, Italy and traded on the Milan stock market (ACO.MI).

For further information please contact:
Eithne Hynes/Barbara Murphy,
Marketing Department,
Jinny Software Ltd.,
29 North Anne Street,
Dublin 7, Ireland.
Tel: +353 1 887 2626
Email: info@jinny.ie

Source: WEBWIRE

SAS® Business Analytics give ‘Blues’ an advantage as US health insurance industry considers change

Blue Cross and Blue Shield insurers overwhelmingly seek benefits of the SAS Business Analytics Framework
CARY, NC . – With the entire US health care system under the microscope of reform efforts, key parts of such change firmly depend upon health insurers controlling costs, improving health care outcomes and maximizing member satisfaction.
Nearly all of the Blue Cross and Blue Shield licensees use SAS® Business Analytics to drive those measures.
Of the 39 companies within the oldest and largest family of health plans, all but four have deployed SAS software. One in three Americans — more than 100 million residents — counts on a Blue Cross and Blue Shield company for health coverage. And most BCBS insurers count on SAS, the leader in business analytics.
Among the health care insurance companies that drive their businesses with SAS business intelligence, data integration, analytics and solutions are BCBS companies in Florida, Nebraska, California, Minnesota, Pennsylvania, Massachusetts, North Carolina, New York and others.
With increasing pressure from health care reform for health insurers to cut costs and invest in modern technology architecture, technologies such as advanced analytics are increasingly a key element in cost control,” said Kunal Pandya, Senior Analyst, Health Insurance Practice at Aite Group, an independent business technology research firm. “For health care insurers, such technologies can greatly assist with detecting fraud, proactively managing risk driven by preventative interactions and other areas that make the system more efficient and effective
The SAS Business Analytics Framework is a powerful blend of data integration, analytics, reporting and an ever-expanding portfolio of industry and line-of-business solutions. Organizations can quickly address immediate business issues, extending their use of SAS over time to achieve continuous performance improvements.
Some SAS technologies provide a powerful foundation for companies to build their own applications. Other SAS solutions answer industry wide needs for cost savings, patient welfare and other issues. SAS solutions applicable to all health care insurers include:
* SAS® Customer Intelligence improves member interaction and services.
* SAS® Fraud Framework for Health Insurance helps ensure that only valid claims are paid.
* SAS® for Disease Management predicts risk and optimizes interventions to achieve improved outcomes.
Obvious Benefits
Excellus BlueCross BlueShield uses the SAS Business Analytics Framework in numerous functions, including actuarial services, a unit that analyzes the company’s risk as it insures people in 31 counties in New York state. SAS Business Analytics technology allows Excellus to now examine not only what happened in its business, but also to predict what will happen.
“Insurance is dependent on the ability to identify and estimate future risk, and as a company we’ve always done that, but with SAS we can perform standard actuarial tasks at least 40 percent faster,” said Joseph Randazzo, Excellus Manager of Actuarial Services. “With that time savings we’re now able to perform analyses that were too time-consuming in the past. The benefit is obvious: We’re able to better control risk for our health plan.”
Better Information = Better Health
Serving 3.6 million members, Horizon Blue Cross Blue Shield of New Jersey is like many heath plans whose members are asking for increasingly complex and sophisticated information to control costs through care management programs. The increased demand for reports and automated dashboards was becoming a heavy burden for Horizon until it deployed SAS Enterprise BI Server.
The insurer started realizing a return on its investment within the first three months. More important were the incalculable benefits of improved information for Horizon executives and customers, said Mike Occhipinti, Horizon Manager of Informatics.
The business analytics supplied by the informatics group support 70 major corporate projects. Achieving 5 percent more value for just one project can be worth millions,” he said. “Just three months after we installed SAS we were delivering automated disease management and health reports for major customers. This information is extremely important to improved health outcomes.”

Source: WEBWIRE

Video: Mars Chocolate North America Unveils State-of-the-Art Headquarters and Solar Garden

Mars Chocolate North America has the opportunity to make a difference in the world we serve, said Todd Lachman, president of Mars Chocolate North America. Our headquarters in Hackettstown has demonstrated our commitment with projects like the solar garden and the renovations that greatly improve the way we operate and the environment in which our associates work.

Lachman cut the ribbon to the solar garden along with Mars Incorporateds Corporate Ombudsman Victoria Mars, Diana Drysdale of PSEG Solar Source, Hackettstown Mayor Michael B. Lavery and various government officials.

The solar garden is comprised of more than 28,000 ground-mounted solar panels on 18 acres adjacent to Mars Chocolate North Americas headquarters, where more than 1,200 associates work and M&MS® Brand Chocolate Candies are manufactured. The solar garden provides approximately 20 percent of the plants peak energy consumption, which will reduce carbon dioxide emissions by more than 1,000 metric tons, equivalent to removing 190 vehicles from the road each year. A long-term partnership between Mars Chocolate North America and PSEG Solar Source will ensure the solar gardens success.

The significant renovations to the Mars Chocolate North America headquarters were designed to help retain existing staff, attract new talent and improve productivity. The colorful, open design encourages flexible, more efficient ways of working, including a variety of unassigned work spaces and conference rooms, each featuring unique seating arrangements – from booths with bench seats to cafe seating and upholstered chairs paired with small coffee tables.

With the environmentally friendly renovations completed, the company will apply for LEED Gold Certification. A few of the enhancements include the installation of water-conserving fixtures that reduce water usage by more than 30 percent; a reduction in energy use by 15 percent through the use of a newly upgraded Building Energy Management System, variable frequency drives and energy-efficient lighting and controls; an upgraded roof utilizing a highly reflective roofing material that offsets the direct heat gain to the building; and the utilization of more than 20 percent recycled content in materials, from carpet to ceiling tiles.

About Mars Chocolate North America:

Mars Chocolate North America is the United States snack operations of Mars North America. With more than $7 billion in annual sales in the United States, Mars North America includes food, snack and pet care segments, which are a symbol of excellence for quality brands. Headquartered in Mount Olive, N.J., Mars North America employs more than 12,000 associates in the United States, with 54 facilities nationwide. Mars Snackfood US, headquartered in Hackettstown, N.J., includes some of the worlds favorite brands such as DOVE(R) Brand Chocolate, M&MS(R) Brand, MILKY WAY(R) Brand(R) , SNICKERS(R) Brand, 3 MUSKETEERS(R) Brand, TWIX(R) Brand and more. Additional popular brands in the petcare and food segments for Mars North America include UNCLE BENS(R) Brand, PEDIGREE(R) Brand Food for Dogs, and WHISKAS(R) Brand Food for Cats. Please visit www.mars.com.

Xtra-Gold Enters into Letter of Intent for Contract Mining on Ghanaian Mining Claims

Xtra-Gold Resources Corp. (OTCBB: XTGR) (“Xtra”) is pleased to
announce that it has entered into a Letter of Intent with Hawk
Uranium Inc. (“Hawk”) with respect to a proposed transaction (the
“Transaction”) whereby Hawk would obtain the exclusive right to explore
for, develop and mine alluvial gold on Xtra’s Kwabeng Mining
Concession (“Kwabeng Concession”) in the Republic of Ghana (the
“Contract Mining Rights”). The proposed arrangement would have an
initial term of five years and would be renewable for successive periods
of five years thereafter, provided that annual gold production in each
year of a renewal period is at least 6,000 ounces. The Transaction is
subject to the completion of a definitive agreement between Hawk and
Xtra, the approval of the Board of Directors of Hawk and Xtra, and the
approval of the applicable regulatory authorities, including the TSX
Venture Exchange.
Under the Letter of Intent, Hawk would purchase from Xtra the mineral
extraction and processing equipment located on the Kwabeng Concession,
including any spare parts (the “Equipment”) for a total consideration of
US$625,000 due upon execution of a definitive agreement.
Under the Letter of Intent, Hawk would make the following payments:
a. an initial payment to Xtra of US$60,000, due upon execution of a
definitive agreement;
b. a further initial payment to Xtra of US$200,000 for the right to use
a settling pond located on the Kwabeng Concession (the “Settling Pond”);
c. US$30,000 payable monthly to Xtra for the first 24 months following
the execution of a definitive agreement (for a total of US$720,000);
d. effective from and after the execution of a definitive agreement,
operations on the Kwabeng Concession would be subject to a 3% net
smelter return royalty (the “Ghana NSR”) payable to the Republic of
Ghana; and
e. commencing 24 months following the execution of a definitive
agreement, Xtra would receive a 2% net smelter return royalty on all
production of alluvial gold from the Kwabeng Concession, calculated on
the same basis as the Ghana NSR.
Under the Letter of Intent, Hawk would arrange for a US$150,000 bond
(the “EPA Bond”) to be issued within 90 days of the execution of a
definitive agreement as a reclamation bond in compliance with the
requirements of the Ghana Environmental Protection Agency. Hawk would be
responsible for maintaining in force the EPA Bond, as well as for any
and all environmental reclamation required under the law of Ghana in
connection with (or upon completion of) the exercise of the Contract
Mining Rights, including any reclamation relating to the Settling Pond.
The definitive agreement would provide for an area of mutual interest
(“AMI”) which would be comprised of the area extending for 20 km from
the exterior boundary of any Xtra concessions in the Kibi Gold Belt in
the Republic of Ghana. Xtra would have the right to acquire one half of
any working interest that is acquired by Hawk in any hard rock
properties that lie within the AMI. Xtra’s decision to back into one
half of Hawk’s interest does not have to be made until Hawk incurs at
least $500,000 of exploration expenditures on an applicable property,
but the definitive agreement would provide that Xtra must make its
election within a reasonable time after that condition is satisfied. If
Xtra so elects to back into and acquire one half of Hawk’s interest,
then it would be required to pay Hawk one half of the costs that were
incurred by Hawk and are associated with the acquisition, exploration
and maintenance of the interest.
About Xtra-Gold
Xtra-Gold Resources Corp. is a gold exploration company with a dominant
land position in the highly prospective and under explored Kibi –
Winneba greenstone belt (‘Kibi Gold Belt’) located in Ghana, West
Africa. For further information, please visit our website at www.xtragold.com.
If you have any questions, please contact James Longshore, President, at
416-579-2274.
Statements in this news release that are forward-looking statements are
subject to various risks and uncertainties which could cause actual
events or results to differ materially from those reflected in the
forward looking statements. Such information contained herein represents
managements best judgment as of the date hereof based on information
currently available. The Company does not assume any obligation to
update any forward-looking statements, save and except as may be
required by applicable securities laws.

Source: Business Wire

NEC Electronics Expands Lineup of System LSI Devices for Automotive Infotainment Systems

NEC Electronics (TOKYO: 6723) today announced the availability of new
system-on-chips (SoCs), the EC-4260 (NaviEngine°-MID) and EC-4250
(NaviEngine-mini) for use in automotive infotainment systems. The new
devices have the performance, peripheral set, and software ecosystem to
meet the demands of high-performance applications such as navigation,
infotainment and telematics systems. NEC Electronics first introduced
the EC-4270 (NaviEngine) with four embedded CPU cores in 2007. The
EC-4260 with three CPU cores and EC-4250 with two CPU cores are now also
available along with the EC-4270 to widely support the expanding market
of car-navigation systems, particularly in Japan, Europe and the U.S.
The EC-4260 and EC-4250 are the first members of NEC Electronics’ new
EMMA™ Car series of automotive system LSI devices.
As the demand for new features in automotive infotainment systems grows
at a fast pace, there is a growing need for high CPU performance to keep
pace, and at the same time, small power consumption is required. NEC
Electronics’ EC-4260 and EC-4250 SoCs address these needs with a
multi-core approach. Using three ARM-11™ cores from ARM Ltd., the
EC-4260 SoC operates at 1440 MIPS (at 400 MHz), while the EC-4250
performs 960 MIPS using two ARM-11 cores. Basing these devices on an
industry-standard core gives design engineers access to a wide array of
software elements, which will both shorten design time and lower
software development costs. The multi-core architecture also supports
symmetrical multi-processing (SMP) mode. In this mode, a single version
of the operating system (OS) is running on multiple cores, and tasks are
dynamically allocated to cores at runtime, maximizing the utilization of
available processing power.
NEC Electronics’ new devices also include a graphics processing unit
(GPU) that realizes excellent 2D/3D imaging. The EC-4260 SoC enables
2D/3D imaging and supports OpenGL ES and OpenVG specifications. The
EC-4250 enables 2D imaging and supports the OpenVG specification. These
features provide graphics software compatibility contributing to faster
time-to market for system designers.
The new products also have a comprehensive development environment for
serving the needs of automotive customers. For example, for
communications, there is support for a variety of protocols, including
USB, MOST bus, CAN, I2S and I2C. Also included is
an audio routing engine that has sample rate conversion capability.
Rounding out this offering is a suite of software to support quick
development, including evaluation boards, in-circuit emulator, on-chip
debugger, middleware, and operating systems, all of them also compatible
with those of the EC-4270 SoC. NEC Electronics will collaborate with
partner companies to provide full-featured development tools to support
designers to facilitate shorter development cycles.
NEC Electronics remains dedicated to serving the needs of automotive
customers, and has developed a wide range of microcontrollers and power
management devices optimized for automotive use. Never before has
time-to-market been such a critical issue for developers of automotive
infotainment systems. Consumers are demanding access to their multimedia
content in their cars, just as they now have in their homes, offices and
handsets. This announcement illustrates NEC Electronics’
leadership position in automotive infotainment, and the company aims to
expand its lineup of EMMA Car to suit higher performance and lower power
consumption needs.
Pricing and Availability
The EC-4260 and EC-4250 devices are currently available for samples,
priced per unit at US$140 and US$70 respectively. Mass production is
estimated to begin in 2010 and is expected to reach 100,000 units per
month by 2012. More information about NEC Electronics’ EMMA Car product
offerings can be found at http://www.necel.com/automotive/en/assp/.
(Pricing and availability are subject to change without notice.)
(Note 1)
MIPS (Million Instructions per Second): 1 MIPS is a clock
cycle required to execute 1 million instructions per second (MIPS).
About NEC Electronics
NEC Electronics Corporation (TSE: 6723) specializes in semiconductor
products encompassing advanced technology solutions for the high-end
computing and broadband networking markets, system solutions for the
mobile handset, PC peripheral, automotive and digital consumer markets,
and multi-market solutions for a wide range of customer applications.
NEC Electronics Corporation has 24 subsidiaries worldwide including NEC
Electronics America, Inc. and NEC
Electronics (Europe) GmbH. For additional information about NEC
Electronics worldwide, visit www.necel.com.
ARM and ARM11 are registered trademarks of ARM Limited. ARM is used to
represent ARM Holdings plc; its operating company ARM Limited; and the
regional subsidiaries ARM, Inc.; ARM KK; ARM Korea Ltd.; ARM Taiwan
Limited; ARM France SAS; ARM Consulting (Shanghai) Co. Ltd.; ARM Belgium
N.V.; AXYS Design Automation Inc.; ARM Germany GmbH; ARM Embedded
Technologies Pvt. Ltd.; and ARM Norway, AS. NEC Electronics is a
registered trademark or trademark of NEC Electronics Corporation in
Japan and/or other countries. NaviEngine is a trademark or registered
trademark of NEC Electronics Corporation in Japan. EMMA is a registered
trademark and trademark of NEC Electronics Corporation in Japan, the
United States of America and other countries. All other registered
trademarks or trademarks are property of their respective owners.

Source: Business Wire

Columbia annexed by USA – Fidel Castro

Anyone with some information can immediately see that the sweetened ‘Complementation Agreement for Defense and Security Cooperation and Technical Assistance between the Governments of Colombia and the United States’ signed on October 30, and made public in the evening of November 2, amounts to the annexation of Colombia to the United States.

The agreement puts theoreticians and politicians in a predicament. It wouldn’t be honest to keep silence now and speak later on sovereignty, democracy, human rights, freedom of opinion and other delights, when a country is being devoured by the empire as easy as lizards catch flies. This is the Colombian people; a self-sacrificing, industrious and combative people. I looked up in the hefty document for a digestible justification and I found none whatsoever.

Of 48 pages with 21 lines each, five are used to philosophize on the background of the shameful absorption that turns Colombia into an overseas territory. They are all based on the agreements signed with the United States after the murder of the distinguished progressive leader Jorge Eliecer Gaitan on April 9, 1948, and the establishment, on April 30, 1948, of the Organization of American States debated by the foreign ministers of the hemisphere meeting in Bogota, with the US as the boss, during the dramatic days when the Colombian oligarchy cut short the life of that leader thus paving the way to the onset of the armed struggle in that country.

The Agreement on Military Assistance between the Republic of Colombia and the United States of April 1952; the one related to Army, Naval and Air Missions from the US Forces, signed on October 7, 1974; the 1988 UN Convention against the Illegal Trafficking of Drugs and Psychotropic Substances; the 2000 UN Convention against Organized Transnational Delinquency; the 2001 Security Council Resolution 1373 and the Inter-American Democratic Charter; the Democratic Security and Defense Policy resolution and others referred to in the abovementioned document, none of them can justify turning a 713,592.5 square miles country located in the heart of South America into a US military base. Colombia’s territory is 1.6 times that of Texas, the second largest state of the Union taken away from Mexico and later used as a base to conquer with great violence more than half of that country.

On the other hand, over 59 years have passed since Colombian soldiers were sent to distant Asia, in October 1950, to fight alongside the Yankee troops against Chinese and Korean combatants. Now, the empire intends to send them to fight against their brothers in Venezuela, Ecuador and other Bolivarian and ALBA countries, to crush the Venezuelan Revolution as they tried to do with the Cuban Revolution in April 1961.

For more than one and a half year before the invasion of Cuba, the Yankee administration fostered, armed and used counterrevolutionary bandits in the Escambray the same way it is now using the Colombian paramilitary forces against Venezuela.

At the time of the Giron [Bay of Pigs] attack, the Yankee B-26 aircrafts piloted by mercenaries operated from Nicaragua. Their fighter planes were brought to the theater of operations in an aircraft carrier and the invaders of Cuban descent who landed in our territory were escorted by US warships and by the American marines. This time their war equipment and troops will be in Colombia posing a threat not only to Venezuela but to every country in Central and South America.

It is really cynical to claim that the infamous agreement is necessary to fight drug-trafficking and international terrorism. Cuba has shown that there is no need of foreign troops to prevent the cultivation and trafficking of drugs and to preserve domestic order, even though the United States –the mightiest power on Earth—has promoted, financed and armed the terrorists who for decades have attacked the Cuban Revolution.

The preservation of domestic peace is a basic prerogative of every government and the presence of Yankee troops in any Latin American country to do it on their behalf constitutes a blatant foreign interference in their internal affairs that will inevitably elicit the peoples’ rejection.

A simple reading of the document shows that not only the Colombian airbases will be in the Yankees’ hands but also the civilian airports and ultimately any facility that may be useful to their armed forces. The radio space is also available to that country with a different culture and other interests that have nothing in common with those of the Colombian people.

The US Armed Forces will have exceptional prerogatives.

The occupants can commit any crime anywhere in Colombia against Colombian families, property and laws and still be unaccountable to the country’s authorities. Actually, they have taken diseases and scandalous behavior to many places like the Palmerola military base in Honduras. In Cuba, when they came to visit the neo-colony, they sat astride the neck of Jose Marti’s statue, in the capital’s Central Park. The limit set with regards to the total number of soldiers can be modified as requested by the United States, and with no restriction whatsoever. The aircraft carriers and warships visiting the naval bases given to them can take as large a crew as they choose, and this can be thousands in only one of their large aircraft carriers.

The Agreement, which will remain in force for successive 10-year periods, can’t be modified until the end of every period, with a one-year prior notice. What will the United States do if an administration as that of Johnson, Nixon, Reagan, Bush sr. or Bush jr., and others like them, is asked to leave Colombia? The Yankees have ousted scores of governments in our hemisphere. How long would a government last in Colombia if it announced such intentions?

Now, the politicians in Latin America are faced with a sensitive issue: the fundamental duty of explaining their viewpoints on the annexation document. I am aware that what is happening in Honduras at this decisive moment draws the attention of the media and the foreign ministers of this hemisphere, but the Latin American governments cannot overlook the extremely serious and transcendental events taking place in Colombia.

I have no doubts about the reaction of the peoples; they will be sensitive to the dagger being shoved deep inside them, especially in Colombia: They will oppose! They will never cave in to such ignominy!

Today, the world is facing serious and pressing problems. The entire humanity is threatened by climate change. European leaders are almost begging on their knees for some kind of agreement in Copenhagen that will prevent the catastrophe. They practically concede that the Summit will fail to meet the objective of reaching an agreement that can drastically reduce the greenhouse gas emissions and promise to continue struggling to attain it before 2012; however, there is a true risk that an agreement cannot be reached until it is too late.

The Third World countries are rightly claiming from the richest and most developed nations hundreds of billion dollars a year to pay for the climate battle.

Does it make sense for the United States government to invest time and money in building military bases in Colombia to impose on our peoples their hateful tyranny? Along that path, if a disaster is already threatening the world, a greater and faster disaster is threatening the empire and it would all be the consequence of the same exploiting and plundering system of the planet.

Fidel Castro Ruz

Oil Discovery by RIL in Cambay Basin

Reliance Industries Limited (RIL) is pleased to announce the first oil discovery in the onland exploratory block CB-ONN-2003/1 (CB 10 A&B) awarded under the NELP-V round of exploration bidding. RIL holds 100% participating interest (PI) in this block which is located at a distance of about 130 kms from Ahmedabad in Gujarat, India, in the Cambay basin.

November 10, 2009 /India PRwire/ — Reliance Industries Limited (RIL) is pleased to announce the first oil discovery in the onland exploratory block CB-ONN-2003/1 (CB 10 A&B) awarded under the NELP-V round of exploration bidding. RIL holds 100% participating interest (PI) in this block which is located at a distance of about 130 kms from Ahmedabad in Gujarat, India, in the Cambay basin. The block covers an area of 635 sq km in two parts viz., Part A located in the west with an area of 570 square kilometers & Part B located to the east with an area of 65 square kilometers.

3D Seismic data has been acquired over 80% of the block area and 2D Seismic data has been acquired over the entire area. Five wells have been drilled in this block. The fifth well, CB10A-A1, which is the discovery well was drilled to a total depth of 1451 m in Part A of the block with the objective of exploring the play fairway in the Miocene Basal Sand (MBS) of Babaguru formation. A gross reservoir thickness of about 15 m was encountered and the well flowed at a rate of 500 barrels of oil per day (bopd) through a 6 mm bean with a flowing tubing head pressure of 360 psi on conventional testing. This Discovery is expected to open future potential within the block.

The Discovery, named ‘Dhirubhai-43′ has been notified to Government of India and Directorate General of Hydrocarbons. Commerciality of this Discovery is being ascertained through more data gathering and analysis. This Discovery supplements RIL’s understanding of the petroleum system in this block in the Cambay basin. Based on interpretation of the acquired 3D seismic data in the Contract Area, several prospects have been identified at different stratigraphic levels to fulfill Minimum Work Obligation under the PSC.

Source: Press release distribution via India PRwire

Notes to Editor

About Reliance Industries Ltd.

Reliance Industries Limited (RIL) is India’s largest private sector company on all major financial parameters, after amalgamation with Reliance Petroleum Ltd. of Reliance Group, with a turnover of Rs. 1,50,771 crore (US$ 29.7 billion), cash profit of Rs. 21,566 crore (US$ 4.3 billion), and net profit (excluding exceptional income) of Rs. 15,607 crore (US$ 3.1 billion) as of March 31, 2009. RIL is the first private sector company from India to feature in the Fortune Global 500 list of ‘World’s Largest Corporations’ and ranks 103rd amongst the world’s Top 200 companies in terms of profits. Reliance Industries is amongst the 30 fastest climbers ranked by Fortune. RIL features in the Forbes Global list of the world’s 400 best big companies and in the FT Global 500 list of the world’s largestc ompanies. RIL ranks amongst the ‘Worlds 25 Most Innovative Companies’ as per a list compiled by the US financial publication-Business Week in collaboration with the Boston Consulting Group.

For more information, please contact:

  • Hyder Khan
  • PR admin
  • (L) 9867543545, (M) 9867543545, (F) 1234567

National Law University announces a Post Graduate Diploma in IPR and Patent Law

National Law University, Delhi has announced Post Graduate Diploma in IPR and Patent Law. The program is specially devised to cater to the increasing demand of trained (legal & technical) Intellectual Property professionals in the Industry, R&D organizations, government agencies and Non-Government organizations. HughesNet Global Education will be offering the program through its classrooms nationally and internationally.

The program would provide the participants with in-depth knowledge of the laws and process related to Trademarks, Copyrights, Geographical Indications, Trade Secrets, Patents and other forms of IPRs, Filing Procedures and conducting trademark/prior art searches. The program will have an extensive coverage on issues related to Management of IP, such as, Commercialization, Valuation, Licensing and Portfolio Audit. Apart from legal frameworks, the training will cover the technical aspects of writing patents and other forms of IP documents, within US, European and Indian processes.

The teaching process will be highly interactive and it will consist of a judicious blend of lectures, real life case studies, live corporate examples, general discussions, quizzes and assignments in order to provide greater industry insights. More details about the program are available at www.hnge.in

The classes will be held before office hours to enable working professionals to enroll for the program. The duration of the program will be of 12 months and classes will be held twice a week through video conferencing. The evaluation will be done on a continuous basis and on successful completion of the program NLU will provide the certification.

The total fee for the program is 1 Lakh 55 Thousand. Last date for submitting the Application Form is 7th December, 2009. The documents required for admission are 12th std mark sheet, Graduation & Post Graduation (if any) certificates, Statement of Purpose, Professional records or Experience certificates and photograph.

Admission forms are available from Admission Coordinator, Darshana Vyas at [email protected] and these can be obtained free of cost.

For further information please log on to www.hnge.in 09268730013 / 011-46076571

Shahnaz Husain honored with prestigious global awards

Padma Shree awardee and India’s legendary beauty entrepreneur Shahnaz Husain has been awarded for phenomenal achievements in the field of beauty and business. She received Lloyds TSB Jewel Award, UK and Leonardo Da Vinci Diamond Award, US for outstanding achievements in the field of Ayurveda alongwith International Star Award for Quality, Geneva for the Diamond product category.

Recognised as India’s ambassador to the world, Shahnaz Husain has been honoured with these awards for promoting Ayurveda worldwide, thus creating an international market for Ayurvedic beauty and health care products. She has single-handedly put India on the world beauty map, taking the Indian herbal heritage across the globe. The award celebrates Shahnaz Husain’s spirit of entrepreneurship and recognizes her phenomenal achievement at a global level. 

Commenting on the awards, Shahnaz Husain, Founder and Chairperson of the Shahnaz Husain Group said, “I’m grateful for these honours and proud to know that India and Ayurveda are being recognised and appreciated globally. We will continue expanding our footprints across the globe and will take Ayurveda and Brand India to more and more countries within the next one year.”

Asia Pacific Enterprise Software Spending to Grow 10.2 Percent in 2010: Gartner

Volatile economy affecting application software market more than infrastructure software
Hong Kong – Asia Pacific’s enterprise software market revenue is forecast to reach US$ 22.1 billion in 2010, posting 10.2 percent growth, according to Gartner, Inc. This represents an upturn from the expected 6.6 percent growth in 2009, which is a notable slow down compared to 2008 growth of 13.8 percent. Within the region, the volatile economy is impacting the application software segment more than the infrastructure software segment.
Despite the recent slowdown in growth, Asia Pacific still has a positive outlook over the five-year forecast period from 2008 through to 2013, achieving a compound annual growth rate (CAGR) of 10.8 percent, the highest of any region worldwide. For the next five years, China, India and Vietnam will continue to register the highest CAGRs (14.6 percent, 12.4 percent and 10.7 percent respectively). Mature markets Australia and Singapore will also have attractive CAGRs, of 9.5 percent and 9.4 percent respectively.
China and India continue to benefit from a large domestic customer base and government stimulus packages, as well as relatively low market penetration. Australia and Singapore’s revenue is supported by a consistent maintenance revenue stream and a strong vendor channel and service infrastructure, as well as positive expectations for end-user software budget increases in 2010[1].
“Asia Pacific will have a more positive outlook compared with other regions such as Europe and North America and as a result, major vendors will continue to target higher-growth markets in the region,” said Yanna Dharmasthira, research director at Gartner. “However business customers continue to have strong bargaining power in the region. Some Asia Pacific markets have been traditionally more price-sensitive, a situation that is even more pronounced in the downturn. We expect to see more intense vendor competition in Asia Pacific, from multinational vendors as well as prominent local country vendors.”
China will continue to lead software demand in the region, with a 12.2 percent growth rate in 2009 and 14.5 percent growth in 2010. Although China’s high dependency on exports is significantly impacting its economic growth in 2009, the government’s stimulus package cushions the negativity.
Australia is the next-largest market with a 5.4 percent growth rate in 2009 and 8.2 percent growth in 2010. Although some mature countries are experiencing a notable recession, Australia’s economic growth in 2009 will experience only slight negative growth before picking up in 2010. Australia also has the advantage of a well-established IT infrastructure and a well-developed sales and service infrastructure.
Despite experiencing the slowest growth in 2009 among the region’s four largest markets at only two percent, South Korea is still the third-largest software market in Asia Pacific. South Korea is a well-developed and IT-savvy market and revenue will come from its large installed base, specifically from maintenance and upgrades. Notable software growth improvement at 6.5 percent is expected for South Korea in 2010.
India is the fourth-largest market in the region with expected growth of 10.1 percent in 2009 and 11.8 percent growth in 2010. While its economy is also impacted by the economic downturn, India has the advantage of being less dependent on exports than China. India’s largely untapped market, combined with a strong pool of IT skills, is expected to uphold local software demand.
“Asia Pacific will continue to have significant positive potential for future IT investment because of its relatively low penetration and is supported by a large base of domestic uses. With the economic slowdown, end-user organizations will prioritize IT as a way to cut costs and enhance their organizational efficiency and competitiveness, which is critical in the current environment,” said Dharmasthira.
Infrastructure software represents 64.4 percent of enterprise software spending in Asia Pacific in 2010. The bulk of infrastructure software spending is made up of operating systems, database and security software segments. Data integration tools and virtualization software will have the fastest CAGRs in the next 5 years.
Although application software spending will have a slower growth rate than infrastructure software spending, during the next five years it is projected to grow at a solid 9.9 percent. ERP and office suites will remain the largest segments throughout the forecast period, while Web conferencing and project and portfolio management (PPM) will have the fastest CAGRs.
Additional information is available in the Gartner report Market Trends: Continued Positive Forecast for Asia/Pacific Software Despite Economic Volatility, 2008 – 2013 The report is available on Gartner’s website at http://www.gartner.com/resId=1204414
[1]User Survey Analysis: Software Base Budget, Asia/Pacific, 2009-2010, 18 August 2009
About Gartner:
Gartner, Inc. (NYSE: IT) is the world’s leading information technology research and advisory company. Gartner delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is the indispensable partner to 60,000 clients in 10,000 distinct organizations. Through the resources of Gartner Research, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, U.S.A., and has 4,000 associates, including 1,200 research analysts and consultants in 80 countries. For more information, visit www.gartner.com.

Source: WEBWIRE

Electronic Arts Acquires Playfish

Brings New Brands, Resources To Social Gaming
REDWOOD CITY, Calif. – Electronic Arts Inc. (NASDAQ: ERTS) today announced it has acquired Playfish™, a leading creator of social network games. The acquisition accelerates EA’s position in social entertainment and strengthens its focus on the transition to digital and social gaming. Playfish will operate within EA Interactive, a division of EA focused on the web and on wireless.
EA has acquired Playfish for approximately US$275 million in cash and approximately US$25 million in equity retention arrangements. In addition, the sellers are entitled to additional variable cash consideration, up to a maximum of US$100 million, contingent upon the achievement of certain performance milestones through December 31, 2011.
“Social gaming, with its emphasis on friends and community, is seeing tremendous growth and this is the right time to invest to strengthen our participation in this space,” said Barry Cottle, Senior Vice President and General Manager of EA Interactive. “EAi has been successfully leading the charge for EA, and with the addition of proven expertise from Playfish, their broad consumer base and strong game brands, we’re moving ahead aggressively in our plans to lead in the category of cross-platform social entertainment.”
The industry is undergoing dramatic transformation and joining EA is the ideal opportunity for us to push forward our goals to lead in the social entertainment evolution on a faster and much larger scale said Kristian Segerstrale, CEO and Co-founder of Playfish. “EAi’s vision and entrepreneurial culture are consistent with our own, and together, we are in position to be the company that defines new and innovative connected experiences that will change the way people play games.”
Playfish is one of the world’s largest and most respected social gaming companies with more than 150 million games installed and played worldwide on platforms such as Facebook®, MySpace™, Google™, Bebo, iPhone™ and Android. Playfish currently has over 60 million monthly active players across its ten titles – including Facebook hits Pet Society, Restaurant City, and Country Story – driving more than 1 billion game play sessions every month.
EAi is a division of EA focused on digital business, including EA Mobile™, Pogo™ and social gaming. Pogo is the #1 casual gaming destination in audience engagement across North America and Europe. And EA Mobile is the world’s #1 mobile games publisher with 34% market share in the U.S., and the leading games publisher on Apple’s App Store with such Top Paid Apps as Rock Band®, Madden NFL10, The Sims™, and Tetris®.
About Electronic Arts
Electronic Arts Inc. (EA), headquartered in Redwood City, California, is a leading global interactive entertainment software company. Founded in 1982, the Company develops, publishes, and distributes interactive software worldwide for video game systems, personal computers, wireless devices and the Internet. Electronic Arts markets its products under four brand names: EA SPORTSTM, EATM, EA MobileTM and POGOTM. In fiscal 2009, EA posted GAAP net revenue of $4.2 billion and had 31 titles that sold more than one million copies. EA’s homepage and online game site is www.ea.com. More information about EA’s products and full text of press releases can be found on the Internet at http://info.ea.com.
EA, EA SPORTS, EA Mobile, Pogo and The Sims are trademarks or registered trademarks of Electronic Arts Inc. in the U.S. and/or other countries. Rock Band is a trademark or registered trademark of Harmonix Music Systems, Inc., an MTV Networks company. Tetris is a registered trademark of Tetris Holding LLC. All other trademarks are the property of their respective owners.
About Playfish
Playfish leads the social gaming industry in innovation and creativity with award-winning, category-defining games designed for friends to play together. The company has changed the way people play games by creating more social and connected experiences. To date, more than 150 million Playfish games have been installed and played by millions of people worldwide on platforms such as Facebook, MySpace, Google, Bebo, iPhone and Android. The company’s games are amongst the most acclaimed and popular online, including Pet Society, Restaurant City, Country Story and Who Has The Biggest Brain? Playfish has development studios in London, San Francisco, Beijing and Tromso, Norway. Playfish is backed by Accel Partners, Index Ventures and Stanhope Capital.
Safe Harbor for Forward-Looking Statements
Some statements set forth in this press release regarding EA’s acquisition of Playfish Limited and the expected impact of the acquisition on EA’s strategic and operational plans, contain forward-looking statements that are subject to change. These forward-looking statements are subject to risks and uncertainties that could cause actual events or actual future results to differ materially from the expectations set forth in the forward-looking statements. Some of the factors which could cause results to differ materially from the expectations expressed in these forward-looking statements include the following: the effect of the announcement of the acquisition on EA’s and Playfish’s strategic relationships, operating results and business generally, including the ability to retain key employees; EA’s ability to successfully integrate Playfish’s operations and employees; general economic conditions; and other factors described in EA’s SEC filings (including EA’s Annual Report on Form 10-K for the year ended March 31, 2009 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2009). If any of these risks or uncertainties materializes, the potential benefits of the acquisition may not be realized, EA’s and/or Playfish’s operating results and financial performance could suffer, and actual results could differ materially from the expectations described in these forward-looking statements. These forward-looking statements speak only as of the date of this press release. EA assumes no obligation to update these forward-looking statements.

Source: WEBWIRE

Replace Paper Towels with PeopleTowels(TM) To Fight Deforestation, Environmental Pollution, Global Warming

PeopleTowels empower ordinary people and companies to contribute to a sustainable environment by switching from paper towels, which are used just once and then discarded, to reusable PeopleTowels in public restrooms. PeopleTowels are pocket sized reusable personal hand towels made with a custom-weight fabric, which is 100% Organic Fair Trade Cotton printed with eco-chic designs using environmentally friendly dyes.

Small Lifestyle Change with Big Environmental Impact

PeopleTowels estimates that if one person uses PeopleTowels instead of paper towels in public restrooms for one year, they will save a &#188 tree, reduce landfill waste by 23 pounds, and conserve 250 gallons of water. PeopleTowels are designed for easy access and easy use. These lightweight, fast-drying personal items are portable, with hang tags that make it easy to clip on a purse or a backpack.

At PeopleTowels, we believe that every person can have a positive impact on the environment by making small lifestyle changes that add up to a significant environmental impact, such as reusable water bottles or cloth shopping bags, said Linda Lannon, co founder of PeopleTowels. With reusable PeopleTowels, we are providing the American public with another very easy-to-use product that will help people conserve even more.

Business Conference Going Greener

Karen Solomon, co-founder and CEO of the Opportunity Green Business Conference, commented: By using PeopleTowels instead of paper towels, our attendees will know first-hand how this small and simple lifestyle change is a natural addition to their green lifestyle and corporate sustainability programs.

PeopleTowels are now available for pre-order online at www.peopletowels.com. Customers who pre-order products prior to December 8th will receive a free special carrying pouch (while supplies last). One percent of PeopleTowels sales profits go toward environmental-focused non-profits through 1% for The Planet.

PeopleTowels have a wide range of inspired designs to appeal to different individual tastes. Organizations, non-profits and businesses can use PeopleTowels as an affordable addition to a sustainability program or green corporate gifting. Volume pricing is available upon request.

Perfect Time; Proven Business Category

U.S. consumers and businesses have shown a real desire to go green and make their own positive impact by living a more sustainable lifestyle. While personal hand towels are new to the US, these accessories have been used extensively in Japan for decades.

About PeopleTowels

California-based PeopleTowels, LLC, is the pioneer of the personal hand towel category in America. PeopleTowels™ are designed to empower ordinary people and companies to contribute to a sustainable environment by switching from paper towels to reusable PeopleTowels. Products have eco-chic designs and are small, machine washable, 100% Organic Fair Trade Cotton, and produced using only eco-friendly dyes. Using PeopleTowels avoids deforestation; reduces water waste, pollution and landfill; and slows environmental destruction that leads to global warming. More information can be found online at www.peopletowels.com.

°2009, PeopleTowels is the registered trademark of PeopleTowels, LLC. All Rights Reserved.

Christopher Columbus points the finger at US for blocking climate deal

The monument commemorates the explorer’s discovery of the New World. However, today Columbus is pointing at the nation that bears historic responsibility for climate change, and which has done most to obstruct a climate-saving deal in Copenhagen.

That US legacy has continued this week, with history’s largest emitter refusing to move forward to ensure the integrity of a legally binding agreement, allowing the EU and other industrialised countries to retreat from their commitments.

“Of course failure is still an option in Copenhagen. If the political courage of the industrialised world’s leaders, like Obama, Merkel and Sarkozy, remains missing in action, then the deal won’t get done,” said Greenpeace International Climate Policy Director Martin Kaiser. “However, all the pieces are in place. There is enough time. We know what a fair, ambitious, and legally binding treaty looks like.

“The history of climate talks has taught us to expect the unexpected. We got the climate convention, the Kyoto Protocol, its ratification and the US back into the negotiations in Bali – all in the face of deep cynicism. This is just the darkest hour before the dawn.”

“Consensus is not forming around a weak deal. That is just wishful thinking from the industrialised world. Developing countries are pushing back with their own political reality and they are fighting for their survival. There is still everything to play for,” said Kaiser.

As a final reminder of where the countries are at in the weeks before Copenhagen, Greenpeace released its “Guide to Climate Politics” that identifies President Obama as the head of state who has most failed to provide the leadership necessary to ensure a fair, ambitious, and legally binding treaty.

Behind the guide lies a detailed assessment of the positions of key heads of state on the issues that will make or break a climate deal at December’s Copenhagen Climate Summit. It assesses their positions regarding emission reductions, a finance mechanism, forest protection, the legal framework of the Copenhagen deal and their domestic action to reduce emissions. Full details are available at http://www.greenpeace.org/climate-politics-guide.

“We singled out President Obama because, more than any other head of state, his actions fall short of his promises to take action on climate change. At home, he stood aside while Congress let the fossil fuel industry hijack its climate legislation. On the international scene, he has been silent while his negotiators obstruct the progress on the most important treaty in a generation,” said Damon Moglen, Greenpeace USA’s climate campaign director.

Contact information
Joris den Blanken
EU Climate & Energy Policy Director
[email protected]
Telephone: +32 2 274 19 19/Mobile: +32 476 96 13 75
Fax: 32 2 274 19 10

Source: Media Newswire

SolidWorks Launches Donation Program To Raise Awareness of Sustainable Design

SolidWorks will donate $1 for every download of its SolidWorks® SustainabilityXpress solution, up to $10,000, to Formula Hybrid™, an international competition of university engineering students to develop high-performance fuel-electric hybrid vehicles. SolidWorks SustainabilityXpress is professional-grade software providing advanced functionality that aides engineers in determining a product’s carbon footprint, energy consumption, air and water impact. By downloading SolidWorks SustainabilityXpress, engineers and designers will help educate the next generation about environmentally friendly design while gaining a tool to help them create “green” designs today. SolidWorks’ goal with this new program is to spread the idea that any product can be designed with the lowest possible environmental impact.

“Environmentally sound principles apply to every product, not just those we automatically think of as ‘green,’ like wind turbines and solar cells,” said Rick Chin, SolidWorks director of product innovation. “A water bottle can be designed around environmental principles if the engineer considers the material they use, how much of it they use, how and where it’s manufactured, and what happens when the bottle isn’t useful anymore. Is it made of injection-molded plastic? Or formed aluminum? Those are the kind of basic decisions that any product designer can make to reduce the environmental impact of their designs, given the right tools and the right mindset.”

SolidWorks’ donation will help offset the cost of Formula Hybrid’s annual May competition, where students from North America, Europe, and Asia test their designs for speed and fuel economy in a professional-style race. Last year’s winning team, from Texas A&M University, used SolidWorks to design its vehicle. Formula Hybrid Deputy Director Wynne Washburn said “Putting sustainability tools like this into the hands of engineers/designers at the earliest stages of the design process is innovative, forward thinking, and vitally important for the future of all product and process design.

“SustainabilityXpress will aid in student’s decision making process regarding sustainability and life-cycle of any one component and/or material that is used in building their plug-in hybrid or electric vehicles for the Formula Hybrid Competition. This product gets students thinking, from the very beginning of the process, about where their resources are coming from,” Washburn said. “If they know a certain material is created through a process that’s not environmentally sustainable while an alternative material is sustainable, they can decide to use the sustainable material. Today, issues of sustainability are critical; this tool sheds light into an area where, previously, there has been very little information.”

About Dassault Systèmes SolidWorks Corp.
Dassault Systèmes SolidWorks Corp., a Dassault Systèmes S.A. subsidiary, develops and markets software for design, analysis, product data management, and documentation. It is the leading supplier of 3D CAD technology, giving teams intuitive, high-performing software that helps them design better products. For the latest news, information, or an online demonstration, visit the company’s Web site ( http://www.solidworks.com/ ) or call 1-800-693-9000 ( outside of North America, call +1-978-371-5000 ).

About Dassault Systèmes

As a world leader in 3D and Product Lifecycle Management ( PLM ) solutions, Dassault Systèmes brings value to more than 100,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Systèmes portfolio consists of CATIA for designing the virtual product – SolidWorks for 3D mechanical design – DELMIA for virtual production – SIMULIA for virtual testing – ENOVIA for global collaborative lifecycle management, and 3DVIA for online 3D lifelike experiences. Dassault Systèmes’ shares are listed on Euronext Paris ( #13065, DSY.PA ) and Dassault Systèmes’ ADRs may be traded on the US Over-The-Counter ( OTC ) market ( DASTY ). For more information, visit http://www.3ds.com/.

Source: Media Newswire

Michigan and MIT displace Harvard atop Internet Media Buzz Ranking

The GLM rankings were also the first to include specialty schools, such as Art, Business, Music and Engineering schools, as well as online universities.

In the University category, there appeared to be a ‘flight to quality’ with the consumer perception of quality being the price-sensitive ‘public ivies’ and technology-centered schools, epitomized by the University of Michigan moving up three places to the top spot. Harvard saw a decline in Media Buzz citations of some 20%, perhaps reflecting its endowment taking an $11 billion hit including some $1.8 billion from the general fund.

Other major movers include MIT jumping from No. 16 to No. 2 affirmed the technology trend, North Carolina, another public ivy, moved into the Top Ten, with California
—Berkeley moving from No.10 to No. 6.

In the College category, Wellesley overtook Colorado College, Williams and Amherst to claim the No. 1 position, a first for a women’s college. Pomona College, one of California’s Claremont Colleges re-emerged in the Top Ten, and Eugene Lang College of New School University debuted at a very strong No.

Overall the College Media Buzz was generally up in contrast to that of the private schools on the Universities list.

“This year we’ve witnessed the impact the Global Financial Restructuring has had upon the US higher education system. On the University level there has been a small but dramatic reordering of the hierarchy, which has remained virtually unshaken for many years,” said Paul JJ Payack, President and Chief Word Analyst at GLM. “However, Liberal arts colleges, the public ivies, and engineering-focused schools appear to have held onto, or actually increased their brand equity.

Since TrendTopper MediaBuzz ranks overall media awareness and strength of a school’s ‘brand’ or reputation, the Global Language Monitor included specialty schools, such as Art, Business, Design, Music and Engineering schools, as well as online universities. All these were included in the College category with the exception of the online university, which was assigned to the University category.

The Top Specialty schools listed in their categories as well as overall rank are listed below.

– The Top Business school was Babson College was the Top Business ( 67 overall, college ).

– The Top Art and Design schools were Rhode Island School of Design ( RISD ) ( 27 overall, college ), Pratt Institute ( 28 overall, college ), and the School of the Art Institute of Chicago ( 47 overall, college ).

– The Top Engineering school was The Cooper Union ( 38 overall, college ).

– The Top Music Schools were the Julliard School ( 50 overall, college ), the New England Conservatory of Music ( 96 overall, college ), and Berklee College ( 99 overall, college ).

– The Top Online University was the University of Phoenix, USA ( 37 overall, university ).

– The Top Christian was Wheaton College, IL ( 16 overall, college ),

– The Top Military Academies were the United States Naval Academy ( 20 overall, college ), the United States Military Academy ( 48 overall, college ) and the United States Air Force Academy ( 61 overall, college ).

The Top Twenty-five Universities are listed here.

1. University of Michigan—Ann Arbor, MI
2. MIT, MA
3. Harvard University, MA
4. Columbia University, NY
5. University of Chicago, IL
6. University of California—Berkeley, CA
7. University of Wisconsin—Madison , WI
8. Stanford University, CA
9. University of North Carolina NC
10. Cornell University, NY
11. Yale University, CT
12. Princeton University, NJ
13. University of Pennsylvania, PA
14. UCLA, CA
15. University of Washington, WA
16. University of Minnesota, MN
17. New York University, NY
18. University of Calif.—San Diego, CA
19. Johns Hopkins University, MD
20. Ohio State University—Columbus, OH
21. University of Virginia, VA
22. U. of California, Davis, CA
23. Georgia Institute of Technology, GA
24. Duke University, NC
25. Boston University, MA

The Top Twenty-five Colleges are listed here.

1. Wellesley College, MA
2. Williams College, MA
3. Colorado College, CO
4. Oberlin College, OH
5. Amherst College, MA
6. Pomona College, CA
7. Middlebury College, VT
8. Union College, NY
9. Eugene Lang College, NY
10. University of Richmond, VA
11. Vassar College, NY
12. Bowdoin College, ME
13. Bryn Mawr College, PA
14. Connecticut College, CT
15. Bucknell University, PA
16. Wheaton College IL
17. Hamilton College, NY
18. Barnard College, NY
19. Dickinson College, PA
20. United States Naval Academy, MD
21. Washington & Lee University, VA
22. Colgate University, NY
23. Carleton College, MN
24. Bates College, ME
25. Willamette University, OR

The Top 200 Colleges and Universities were also ranked by Media Momentum, defined as largest change in Media Buzz from the end of 2008, and the largest change in media citations in the previous 90 days. The analysis was completed on November 1, 2009

The complete report is available for download from GLM’s site.

The report includes:

 125 Top Universities
 100 Top Colleges
 Change in the rankings over time
 The PQI Index number for each school to better understand relative rankings
 Ranking by Momentum ( Yearly and 90-day snapshots )
 Rankings by State

GLM used its proprietary Predictive Quantities Indicator ( PQI ) software for the TrendTopper MediaBuzz Analysis. GLM used the Carnegie Foundation for the Advancement of Teachings classifications as the basis to distinguish between Universities and Liberal Arts Colleges. The schools were ranked in late October, with the last day of 2008 as the base, with two interim snapshots in 2009.

The Global Language Monitor provides the TrendTopper Reputation Management Service that helps institutions differentiate themselves among their competitors. For more information, go to www.TrendTopper.com.

About the Global Language Monitor
Austin-Texas-based Global Language Monitor analyzes and catalogues the latest trends in word usage and word choices, and their impact on the various aspects of culture, with a particular emphasis upon Global English.

English has become the first truly global language with some 1.53 billion speakers as a first, second or auxiliary language. Paul JJ Payack examines its impact on the world economy, culture and society in A Million Words and Counting ( Citadel Press, New York, 2009 ).

For more information, call 1.925.367.7557, send email to [email protected], or visit www.LanguageMonitor.com.

Source: Media Newswire

SOTC Sports Ties Up with Premium TicketHub to Offer Sports Tours

SOTC Sports and Premium TicketHub today announced its tie-up that will offer sports tours around the world. The exclusive partnership will offer SOTC customers access to premium sports events around the globe including European Football Matches, UEFA…

November 10, 2009 /India PRwire/ — SOTC Sports and Premium TicketHub today announced its tie-up that will offer sports tours around the world. This innovative and path breaking partnership will offer customers great deals, discounts, exciting offers to various sports events exclusively for the SOTC customers. These extraordinary sports events would include European Football, UEFA Champions League, FIFA 2010 World Cup, ATP Grand Slam Tennis Tournaments (Australian Open, French Open, Wimbledon and US Open).

Kashmira Commissariat COO Outbound Division Kuoni India said “It gives me immense pleasure to associate with Premium TicketHub. Sports Tourism in India is growing and this association will intensify our efforts to offer the best packages exclusive for our esteemed customers for the most popular sports events.”

Premium TicketHub is known for providing excellent customer service and premium seats without charging customers a premium price. The company’s highest priority is to provide tickets to events that are often unavailable to consumers and the company is pleased to be working with the market leader SOTC Sports in offering access to some of the most in-demand sports events around the globe.

Source: Press release distribution via India PRwire

Notes to Editor

About SOTC

SOTC is a pioneer in all segments, namely Escorted Tours, Free Individual Travel, and Domestic Holidays. SOTC Corporate Tours is the leader in Incentive and Trade Fair tours and conferences with a large spectrum of corporate clients in almost all industry segments. For the sports enthusiast, SOTC Sport Abroad is a one-stop-shop for all his travel arrangements to the desired sport event. SOTC’s distribution network comprises over 71 sales outlets and 102 premium travel agents retailing the SOTC range of products across India. Furthermore, SOTC has been voted the Best Outbound Tour Operator for the fifth time in a row at the Galileo Express TravelWorld Awards and was also felicitated with the Consumer Superbrands India Award 2009.

About Premium TicketHub

Premium TicketHub is a concierge ticket service for sporting events around the globe specializing in premium events such as the Olympics, the World Cup, the four Grand Slam Tennis Tournaments, the Super Bowl, and European Football matches in the Premier League, La Liga, Serie A and the Champions League.

To book with SOTC Sports call 09920089666, 09920089555 or visit sotc.in.

For more information, please contact:

  • John Morgan
  • Marketing Manager
  • (L) 415-992-5352 x509