News As it Happens

BWI: WOLF Frameworks Drives Mobile SaaS Penetration, Enabling Real Time Analytics Over the iPhone

2009-12-08T17:54:00.000+05:30

Press release from Business Wire India
Source: Wolf Frameworks
Tuesday, December 08, 2009 06:22 PM IST (12:52 PM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Information technology; Technology
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WOLF Frameworks Drives Mobile SaaS Penetration, Enabling Real Time Analytics Over the iPhone

Bangalore, Karnataka, India, Tuesday, December 08, 2009 -- (Business Wire India) -- -- WOLF Platform-as-a-Service adds iPhone support to its Platform-as-a-Service Framework
-- Design & deliver analytics, real time dashboard & mashable SaaS applications for the iPhone user community using WOLF PaaS

Wolf Frameworks, a leading Cloud Computing & Platform-as-a-Service (PaaS) Venture, headquartered in Bangalore, today announced the official support for iPhone mobile devices. SaaS applications built using WOLF PaaS now enjoy the ability to work seamlessly on the Apple iPhone mobility platform and serve the needs for customers who require constant analytics, mobility and higher productivity at zero extra cost.

Demand for instant access to mission critical business process data and analytical dashboards have been growing worldwide. Delivering line of business applications across a large spectrum of channels such as the browser, mobile, kiosk and eventually wearable computing opens up the whole different possibility for users developing next generation SaaS applications on WOLF PaaS.

"Better visibility leads to better performance, eventually driving higher stickiness. We are witnessing a growing change on SaaS user behaviors driven by the iPhone platform and are in the process of opening up support for other leading mobile platforms. Partners who are focused around developing apps for the iPhone user community can now tap into our zero code - point & click WOLF environment to rapidly design & enable SaaS applications for a variety of business analytical scenarios. We are also seeking out for Teams who are skilled with iPhone environment & plan to develop SaaS business applications to work with us closely" said Mr. Sunny Ghosh, Director and CEO, WOLF Frameworks.

"Our auto refreshing dashboard & analytical charts keeps changing dynamically based on Real Time background data for the iPhone user. Without any extra efforts, WOLF based SaaS application partners can now offer iPhone support for all their customer applications and it leverages the power of advance 3G networks as well. We are using the iPhone local database for personalization and regular AJAX request without anything fancy to make all this work together" said Mr. Ralph Vaz, Founder & CTO, WOLF Frameworks.

"The ability to manage technology, with unmatched speed in delivering new functionality & still offer a simple business model to accommodate different customer needs makes WOLF Frameworks a lucrative platform for our SaaS development initiatives" said Mr. H.S Jagadeesh, Founder & CEO, eCounting, an emerging online Accounting SaaS company based in India. "The WOLF iPhone release makes it easy for us to drive our corporate sales & senior management adoption"

For more information about the WOLF & iPhone Integration, please visit the following section: http://www.wolfframeworks.com/iphone.asp

For Startups, IT Solution Providers, Domain Consultants and Business Process Management Firms, please visit the following URL http://www.wolfframeworks.com/ - register for the 2 user free account and you can start exploring WOLF Framework and know more about the partner program. Interested customers can reach the WOLF Team directly: +1 (703)-953-1053 / +91 80 2572 4140 and get their custom business applications developed via a WOLF partner under the new promotional offer. For more information, please write to sales@wolfframeworks.com

About Wolf Frameworks

WOLF Frameworks was founded in 2006 by Ralph Vaz and is headquarted in Bangalore. Since the release of the public beta, within a short period of 6 months time, the company has acquired more than 2500 users, added more than 900 plus applications in its portfolio and has started playing a pivotal role in the emerging Cloud Computing landscape worldwide.

It has introduced a path breaking platform which allows tech savvy business users, domain expert & application developers to design-deliver & run all sorts of business applications over the internet without writing a single line of technical code. First of its kind, offered over the web, this framework fundamentally revolutionizes the way companies can access Business software's OnDemand, manage change, lower cost, unlock their intellectual potential by rapidly transforming ideas as deployed applications & in turn increase Software as a Service (SaaS) adoption worldwide.

Offered online with additional implementation services via the solution partner network, WOLF Frameworks Platform is enabling many partners to design & deliver customer centric SaaS business applications for organizations worldwide. Targeted towards IT Services, Web Development, Business Process Solution & Consulting Service Companies, the framework allows to Design & Deliver interoperable and mashable Business Applications rapidly, without the tedious process of setting up a database, middleware, or licensing special software or installing hardware, etc. It is a complete browser based OnDemand SaaS (Software-as-a-Service) development platform for CIO's, Enterprises and Application Developers.

For more information, please visit: http://www.wolfframeworks.com

CONTACT DETAILS
Preeti Gupta, Pragma Communication, +91 9448905196, +91 (80) 25725741, preeti@pragmacommunication.com

KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: Genpact Introduces Smart Enterprise Processes (SEPSM), Applying Science to Business Process Management

2009-12-08T16:52:00.000+05:30

Press release from Business Wire India
Source: Business Wire
Tuesday, December 08, 2009 05:20 PM IST (11:50 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology; Technology
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(BW)(NY-GENPACT)(G)Genpact Introduces Smart Enterprise Processes (SEPSM), Applying Science to Business Process Management
SEP can deliver two to five times the business impact compared with traditional approaches

New York, United States and Gurgaon, Haryana, India, Tuesday, December 08, 2009 -- (Business Wire India) --

Genpact (NYSE: G) today announced Smart Enterprise Processes (SEP^SM), a groundbreaking, rigorously scientific methodology for managing business processes. SEP delivers substantially improved financial performance by breaking down organizational silos and making business processes truly effective. Compared with traditional efforts focused on efficiency within individual processes or business units, SEP's end-to-end methodology can deliver two to five times the impact on improved cash flow, margins, revenue growth or other targeted financial and operating metrics.

Founded in 1997 as a unit of General Electric Co. and spun off as an independent company at the beginning of 2005, Genpact was one of the first companies focused on the global management of business processes. With SEP, Genpact elevates the management of business processes to a strategic tool that can significantly improve a company's bottom line performance.

"SEP represents a dramatic step in the evolution of process management, applying for the first time a true and much overdue science to business processes," said Pramod Bhasin, president and CEO of Genpact. "Through SEP, Genpact delivers meaningful business results by making processes more effective in ways that few companies accomplish on their own."

SEP applies a framework of analytics, technology and reengineering to the key processes that a company uses to manage its business. Through experimentation, testing and rigorous analysis of data from over 200 million transactions across more than 3,000 managed processes, Genpact has determined the benchmarks that best-in-class companies achieve at each level in a process. It has identified the key drivers of improved business results for each process, and developed best practices for addressing those drivers.

Genpact uses this unique intellectual property to test the effectiveness of a client's processes by measuring performance at each step of an entire business process, and applying best-in-class benchmarks from within and across industries. Next, it creates a client-specific diagnosis and roadmap with relevant targets for driving business results. Genpact then carries out its recommendations in the execution phase, with a preferred commercial model of being compensated based on the results achieved.

The SEP methodology contrasts with the traditional focus of measuring efficiency within individual processes or organizational functions (e.g., number of invoices paid per hour). The traditional approach reflects a narrow view of measurement and can even be counter-productive. Instead, SEP reaches across business silos, and concentrates on the effectiveness of an end-to-end process in improving clients' overall business results such as cash flow, revenues and margins. For example, "Source to Pay" spans procurement, supply chain management and accounts payable.

"Processes that cut across the company are linked like a chain," Bhasin said. "And, like any other chain, there are weak links that need to be fixed. SEP uses our unique expertise, technology and benchmarked data to examine the entire chain, identify the weak links, diagnose the problems and fix them."

Genpact is applying the SEP methodology to both common business processes (e.g., accounts receivable, collections, financial reporting, procurement, order fulfillment), and to industry-specific needs in manufacturing, healthcare, finance, insurance, logistics and consumer packaged goods. SEP targets back-office processes that reduce costs and front-office processes that generate revenue.

The SEP methodology helps companies improve their business performance by targeting processes such as:

Order to Cash (sales fulfillment, accounts receivable and collections): In the consumer packaged goods industry, Genpact's SEP cuts preventable deductions (e.g., spoilage, pricing errors, fines and fuel surcharges) by 50% to 75%. For a $5 billion company, this translates into $15 million to $20 million in increased annual earnings. SEP uses analytics to identify root causes of deductions, identify and prioritize improvement areas, and apply upstream process fixes - e.g., reducing packing issues at the warehouse and inconsistencies in receiving at the client site.
Source to Pay (procurement, supply chain management and accounts payable): For a $5 billion manufacturing company, the SEP methodology can reduce purchase spending by $50 million to $150 million over three years and deliver an increase of 1 to 3 percentage points in margins. SEP helps clients improve performance on key metrics such as concentration of spending, usage level of electronic auctions, and vendor scoring.
Insurance Claims: The common practice of having underwriters conduct case evaluations means they spend up to 40% of their time on low-value activities. By transferring lower-value work to lower-cost staff or third parties and using underwriting summaries, a life insurance company with $1 billion in first year term life premiums can save $15 million per year.
Healthcare Processes: Genpact has worked with Miami Children's Hospital (MCH) to optimize 140 core processes touching multiple aspects of the organization and impacting more than 80% of all patient experiences. Streamlined clinical care processes in MCH's Emergency Department reduced patient wait times by 18%, boosting customer satisfaction by 3%. Process improvements also reduced wait times in radiology, same-day surgery and pre-operative processing. As of June 1, the hospital was on track to achieve a 15% increase in net operating income for 2009, as a result of reduced expenses, improved inventory management, a faster revenue cycle (including billing, collections and reimbursement), and more efficient use of hospital resources.

"As companies struggle to cope with the new realities of the global economy, they are increasingly focused on improving their processes to work more effectively," Bhasin said. "For them, SEP is a powerful approach to wring out costs, generate revenue, and deliver cash to the bottom line."

SEP extends Genpact's legacy as a pioneer in business process management. Genpact's leadership team, client-centric culture and intellectual capital have been deeply influenced by its roots as the business process services operation of General Electric.

Genpact has developed unparalleled experience in the application of Lean and Six Sigma strategies over more than a decade, and has created one of the single largest pools of dedicated Lean and Six Sigma experts. Of Genpact's 37,000 employees, more than 20,000 have been trained in the Lean methodology, over 1,800 have been trained as Six Sigma Green Belts, and more than 500 have been trained as Six Sigma Black Belts.

About Genpact

Genpact is a leader in managing business processes, offering a broad portfolio of enterprise and industry-specific services. The Company puts process in the forefront, coupling its deep process domain knowledge and insights with focused IT capabilities, targeted analytics and pragmatic reengineering to deliver comprehensive solutions for clients. The Company's culture is uniquely ingrained in Lean and Six Sigma and views process management as a science. Genpact has significantly invested in and developed the first scientific approach to process management, known as Smart Enterprise Processes (SEP^SM), which focuses on optimizing process effectiveness in addition to efficiency to deliver superior business outcomes. Genpact seamlessly delivers services from a global network of centers to meet a client's business objectives, cultural and language needs and cost reduction goals. Genpact manages over 3,000 processes for over 175 clients worldwide. Learn more at genpact.com.

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MULTIMEDIA AVAILABLE : http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6115933

CONTACT DETAILS
CONTACTS :
Genpact Media Relations
Anita Trehan, +91 (98) 1110 0223
anita.trehan@genpact.com
or
Genpact - India
Sadaf Khan, +91 9899309389
sadaf.khan@bm.com
or
Genpact - US
Paul Sherer, +1 (415) 677 2715
paul.sherer@ogilvypr.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, TECHNOLOGY

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BWI: Hindustan Dorr-Oliver Limited Conferred the Frost & Sullivan 2009 Business Development Strategy Leadership Award for Indian Water and Wastewater Treatment Equipment Market

2009-12-08T16:16:00.000+05:30

Press release from Business Wire India
Source: Frost & Sullivan
Tuesday, December 08, 2009 04:26 PM IST (10:56 AM GMT)
Editors: General: Consumer interest, Environment; Business: Advertising, PR & marketing, Business services, Media & entertainment, Water
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Hindustan Dorr-Oliver Limited Conferred the Frost & Sullivan 2009 Business Development Strategy Leadership Award for Indian Water and Wastewater Treatment Equipment Market

Mumbai, Maharashtra, India, Tuesday, December 08, 2009 -- (Business Wire India) -- Frost & Sullivan felicitated Hindustan Dorr-Oliver Limited (HDO), with the 2009 Business Development Strategy Leadership Award in the Indian Water and Wastewater Treatment Equipment Market. The award was presented for demonstrating excellence in business development through its sales and competitive strategies in complete water and waste water management. These strategies led to easy market penetration and helped the company to position itself as a leading player in the Indian Water and Wastewater Treatment EPC and Equipment Market.

The Frost & Sullivan Business Development Strategy Leadership Award is bestowed upon the company that has demonstrated excellence in implementing and sustaining growth in market penetration and revenues. The recipient of this award is chosen on the basis of certain criteria. Through primary and secondary research methods, all companies' market revenues are tracked and those exhibiting significant growth plans are noted for their strategic implementation. When a company continues to show growth in market penetration based on the number of new customers, new segments, and commitment to business expansion, market share and revenues by way of implementing sales and competitive strategies, it is then considered as a candidate for this award.

Mr. S C Sekaran, Executive Director, Hindustan Dorr Oliver Limited said, "This Business Development Strategy Leadership Award is in recognition of our Company's outstanding and excellent performance in areas like market leadership, technological innovation, customer service and above all proactive approach in creating value for our esteemed customers in Water Business. Through our concentrated efforts, HDO has been able to capture a substantial part of the Water & Waste Water segment of the Environment with varied, high quality and cost-effective total solutions for our customers. I am sure this recognition will further help us to penetrate into global markets and sustain our growth leadership in the water business in the coming years.

Mr. Y. S. Shashidhar, Vice President & Country Director, South Asia-Middle East & North Africa, Frost & Sullivan, said, "The award conferred on Hindustan Dorr-Oliver Limited is in recognition of its extensive business development efforts in a highly competitive water and wastewater market. Even in these recessionary times, HDO is highly optimistic about growth. The strategies it adopted post acquisition by IVRCL has paid off, its revenues from water and wastewater division grew significantly. HDO has understood the significance and resolutely focused on key success factors such as customer satisfaction by providing top quality products, timely completion of projects, and faster payback for customers".

The water and wastewater treatment equipment market in India is valued at INR 54,000 million. The robust domestic demand driving up industrial growth as well as increased water consumption and effluent generation by industries is unveiling immense opportunities for water and wastewater treatment equipment. The market will witness an annual growth of 13 percent (CAGR) annually over the next 5 years.

About Frost & Sullivan - "We Accelerate Growth"

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

About Hindustan Dorr Oliver Limited (HDO)

Hindustan Dorr Oliver Limited (HDO) is now a wholly owned subsidiary of M/s. IVRCL Infrastructures and Projects Ltd., who is one of the leaders in Indian infrastructure industry. HDO is an Indian EPC company having its core business activities in providing Complete Engineering Solutions, Manufacture of all chemical process plant equipments/Pressure vessels and Heat Exchangers and undertakes EPC installations in core sectors like Mineral Benefication , Water and waste water management, Phosphatic Fertilizer plants & Pulp and paper Industries.

The company is a leading player in Engineering, Procurement and Construction with end-to-end skill sets to provide "Concept to Commissioning" services in Detailed design and Engineering , Manufacturing, Supply and installation of equipment, Systems & Processes for Liquid-solid Separation Technologies. The company manufacturers engineering equipments at its state of art facility at Ahmedabad for a variety of industries like sugar, fertilizer and chemicals, Minerals, Water treatment, Oil and Gas Sector for multinational and Indian customers. Under knowledge process outsourcing initiative, HDO harness the vast domain knowledge of the talent pool it has at Chennai, Bangalore, New Delhi, Mumbai and Ahmedabad offices and provides Engineering services to all global players. The company demonstrated an impressive performance of over 50% CARG in Turnover ever since IVRCL took over this company. HDO has over five decades of established a unique track record and position as an extremely dynamic, totally reliable and component-engineering company, having a cutting edge of superior technologies to emerge among leading process equipment and plant engineering companies in India. HDO is engaged in an endless endeavor to upgrade, modify, adapt and invent products, processes and technologies to design, construct, install, erect and commission systems on complete EPC basis. To sustain its growth path, Company is Diversifying into Bulk material handling, Rapid loading systems, Long Distance Conveyors for Coal fields in Northern part of India. For more details visit www.hdo.in.

CONTACT DETAILS
Ravinder Kaur, Corporate Communications, South Asia, Frost & Sullivan, +91 (44) 42044515, ravinder.kaur@frost.com
Amrita Nandi, Corporate Communications, South Asia, Frost & Sullivan, +91 (22) 40013424, amritan@frost.com
S Jawahar, Associate Vice President - Marketing & Process, Hindustan Dorr-Oliver Limited, +91 (22) 28359457/ +91 9321625851, sjawahar@hdo.in

KEYWORDS
CONSUMER, ENVIRONMENT, MARKETING, BUSINESS SERVICES, MEDIA, WATER

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BWI: Symantec - Wipro Ink Partnership for Data Loss Prevention and Backup and Recovery Services

2009-12-08T15:16:00.000+05:30

Press release from Business Wire India
Source: Symantec
Tuesday, December 08, 2009 03:35 PM IST (10:05 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
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Symantec - Wipro Ink Partnership for Data Loss Prevention and Backup and Recovery Services
Relationship to Offer Customers the Advantage of Symantec's market-leading Solutions and Wipro's Consulting Expertise

Bangalore, Karnataka, India, Tuesday, December 08, 2009 -- (Business Wire India) -- Symantec Corp. (Nasdaq: SYMC) and Wipro Ltd (NYSE:WIT) today announced a new partnership under which Wipro Infotech will offer data loss prevention, and backup and recovery infrastructure consultancy services based on Symantec technology. This will offer customers increased visibility into information and a risk-based approach to data security.

"Information is the most valuable asset of any organization and ensuring that it does not fall into the wrong hands is critical to its reputation and business," said Ajay Verma, director, Channels and Alliances, Symantec India. "Wipro Infotech's professional services background, market reach, consulting expertise, complemented by Symantec's industry-leading solutions will offer customers a better insight in to data risk."

Symantec's content-aware data loss prevention solution spans data at the endpoint, in storage and the network. When offered through Wipro's technology practice, it will provide customers the confidence that their information is secure in today's connected world.

Wipro's cross-platform expertise along with Symantec VERITAS Backup Reporter's capability to proactively identify and quantify exposures before they impact backup operations, will help customers achieve greater efficiency, verify backup service-level compliance, and justify the business costs associated with protecting data.

Speaking on the occasion, Vikas Srivastava, vice president and business head, Infrastructure Technology Solutions Division, Wipro Infotech said, "The Backup and Recovery Infrastructure Consulting service and Data Loss Prevention Services are very unique service offerings that will contribute significantly to customers' business continuity and data protection initiatives, which in turn would lead to improved efficiency, security and cost reduction . Symantec was an ideal choice to partner with for these services because of their hardware-agnostic solutions and superior technology."

Service-centric Data Loss Prevention

Information is paramount to gain substantial competitive advantage in today's business scenario. Almost 90 percent of threats in 2008 were targeted at confidential information, according to a Symantec report. In fact, an IDC study commissioned by Symantec revealed that 79 percent of Indian enterprises highlighted data loss as their most serious information security concern. This has entailed a paradigm shift from infrastructure-centric to information-centric security.

Wipro Infotech's Service-Centric Data Loss Prevention will offer a prioritized, risk-based approach to achieve measurable reduction in data risks. It will also create a cross-functional framework to monitor, manage, and remediate data security incidents.

Backup and Restore Infrastructure Consultancy Services (BRICS)
Data protection strategy, including backup and recovery for physical and virtual environments not mapped to the business, can lead to financial loss and damage to reputation. Symantec study on disaster recovery cites lack of backup storage and automated recovery tools as top challenges to protect data in virtual environments. The survey also found, that a significant percentage of virtual environments are not regularly backed up - pointing to the need for more automation and cross-environment tools.

Wipro Infotech's consulting division will offer granular reporting of end-to-end backup infrastructure through Symantec's VERITAS Backup Reporter. Customers will get a detailed view of media usage and insights into data risks in physical and virtualized environments. Wipro's Global Service Management Center will bring in scale and increased efficiency of backup operations in virtual environments.

About Symantec

Symantec is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world. Our software and services protect against more risks at more points, more completely and efficiently, enabling confidence wherever information is used or stored. More information is available at www.symantec.com.

About Wipro Infotech

Wipro Infotech, a division of the US$5 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and Consulting Services in India and the Middle East. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It also has regional offices across the Middle East serving the region.

About Wipro Ltd

Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com, www.wiprocorporate.com, and www.wipro.in.

Wipro's forward looking and cautionary statements

Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro may, from time to time, make additional written and oral forward looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.

CONTACT DETAILS
Vaishnavi Murali, 20:20 MEDIA, +91 9900141345, vaishnavi@2020india.com
Mira Davda, Symantec, +91 9850780888, mira_davda@symantec.com
Purnima Burman, K2 Communications Pvt. Ltd., +91 9900512025, purnima.burman@wipro.com
Sandhya Sharma Rao, Wipro, +91 9741100879, sandhya.sharma@wipro.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: Convergys Celebrates Six Years of Growth and Success in Pune

2009-12-08T09:32:00.000+05:30

Press release from Business Wire India
Source: Business Wire
Tuesday, December 08, 2009 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
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(BW)(OH-CONVERGYS)(CVG)Convergys Celebrates Six Years of Growth and Success in Pune

Cincinnati, United States and Pune, Maharashtra, India, Tuesday, December 08, 2009 -- (Business Wire India) --

Six years ago, Convergys Corporation, a leader in relationship management, opened the doors of its state-of-the-art contact center in Pune, India. Known as the "Oxford of the East" because of the number of educational institutions that call the city home, Pune gave Convergys a warm welcome and Convergys had soon hired 300 staff to provide customer care for a global telecommunications client. This year, over 700 Pune-based employees are celebrating the site's sixth anniversary.

Soon after the site opened, the dedicated agents in Pune very quickly demonstrated their ability to service client programs of great complexity with strong customer satisfaction results. Today, automotive and technology clients trust Convergys and its Pune staff to handle a range of demanding processes that span from operating an auto helpline for mechanics and dealers to providing high end business-to-business server technical support for a global high technology client. Convergys employees in Pune have received many client accolades for delivering sustained high performance.

Convergys employees have also been very active in Pune with its population of over four million and nearby communities in the state of Maharashtra. They have helped MASUM, a regional charity, to build and outfit a mobile computer lab to serve village populations in the Pune area with computer training and computer-based education. The employees have also worked together with a client to launch a community technology center that provides local residents with a 30-hour digital literacy-training program.

"The opening of our Pune facility was very exciting, and over the years, we have travelled on a journey on which all of us can look back and be proud," said Deepak Mathur, Center Director for Convergys in Pune. "I thank all our employees for bringing many successes to Convergys and our clients over the years and look forward to our team achieving new milestones in the days and years to come."

Convergys state-of-the-art facilities in Bangalore, Mumbai, New Delhi, and Pune employ over 9,000 men and women, who provide superior customer service experience via telephone, web-chat, and email for a diverse portfolio of global clients and their customers worldwide. These customer interactions include a broad range of services from basic credit card welcome and activation to complex case management and technical support in both the business-to-business and business-to-consumer spaces.

Editor's Notes:

Digital pictures of the Pune facility are available upon request.

Convergys Corporation is hiring for many different positions in India. Please submit résumés to hrindia@convergys.com.

About Convergys

Convergys Corporation (NYSE: CVG) is a global leader in relationship management. We provide solutions that drive more value from the relationships our clients have with their customers and employees. Convergys turns these everyday interactions into a source of profit and strategic advantage for our clients.

For more than 30 years, our unique combination of domain expertise, operational excellence, and innovative technologies has delivered process improvement and actionable business insight to clients that now span more than 70 countries and 35 languages.

Convergys is a member of the S&P 500 and has been voted a Fortune Most Admired Company for nine consecutive years. We have approximately 70,000 employees in 82 customer contact centers and other facilities in the United States, Canada, Latin America, Europe, the Middle East, and Asia, and our global headquarters in Cincinnati, Ohio. For more information, visit www.convergys.com

(Convergys and the Convergys logo are registered trademarks of Convergys Corporation.)

Supporting Resources

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CONTACT DETAILS
CONTACTS :
Gutenberg Communications
for Convergys in India
Pranav Kumar, + 91 4132 4969 or +91 981 007 7898
or
Convergys Corporation
John Pratt, +1 513 723 3333
john.pratt@convergys.com

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: Brickwork Ratings assigns BWR AAA+ for Indian Renewable Energy Development Agency Ltd.s Structured Obligation Rating

2009-12-07T15:23:00.000+05:30

Press release from Business Wire India
Source: Brickwork Ratings
Monday, December 07, 2009 03:38 PM IST (10:08 AM GMT)
Editors: General: Consumer interest, Economy; Business: Advertising, PR & marketing, Banking & financial services, Business services, Energy companies, Financial Analyst, Stock exchanges
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Brickwork Ratings assigns "BWR AAA+" for Indian Renewable Energy Development Agency Ltd.'s Structured Obligation Rating
Structured Obligation Rating: BWR AAA+(SO)

Bangalore, Karnataka, India, Monday, December 07, 2009 -- (Business Wire India) -- Brickwork Ratings has assigned BWR AAA+(SO) (Pronounced BWR Triple A plus (Structured Obligation)) with 'Stable' outlook to IREDA's (Indian Renewable Energy Development Agency Ltd) proposed non-convertible bonds issue of Rs 150 crore or INR 1.5 billion, backed by Government of India's letter of comfort. BWR AAA+ signifies 'Best Credit Quality' in terms of meeting debt service obligations. Brickwork has relied upon the audited financial statements, information and clarifications provided by the issuer. IREDA would use the proceeds from the bonds issue to fund the new and renewable energy projects in the country.

Over the years, the new and renewable sector has been receiving lot of attention from commercial banks, venture capitalists, non-banking financial companies, and private equity investors due to growing energy requirements and threat of global warming and climate changes. This sector is also supported by availability of rich renewable energy sources in the country, Central and State Governments' support in the form of incentives and tax benefits and favourable policies adopted by international agencies. However, the new and renewable energy sector projects are considered to be high risk projects due to long gestation period in certain cases and capacity under utilization on account of natural causes.

The rating factored IREDA's important features including 100% ownership of the promoter (Government of India), business profile, significantly higher capital adequacy, professional management set up, debt support from international financial institutions, and lean operating structure. The Government of India has been fostering IREDA as a nodal agency for the development of new and renewable energy in the country. The rating has also factored single sector exposure, high NPAs, increased competition from public sector banks and financial institutions, portfolio of smaller assets, low recovery rate and power tariff complexity prevailing in the country and the risk of delay in completion of projects.

Brickwork calculates Leverage that assesses Company's net worth with reference to balance sheet exposures. IREDA has shown a lower leverage of 3.71 in FY 09 as compared to the previous year figure of 3.82. The Company's lower leverage is considered positive rating factor.

The Government of India has infused equity of Rs 30 crore during FY09 to increase the Company's capital from Rs 490 crore to Rs 520 crore in order to facilitate the project funding in new and renewable energy areas. The Company's capital adequacy ratio was 31.80% in FY 09 which has further increased to 32.56% in Q2 FY 10. The Company's borrowings were Rs 2256 crore in FY 09 including Loans availed from Banks, debt instruments issued by the Company, foreign currency loans from various international agencies and deposits to the tune of Rs. 692 crore kept as Foreign Currency Deposits for Foreign Lines of Credit. Further, the Company has to retire Rs 157.46 crore of debt in the current financial year.

IREDA's lending to energy projects (excluding loans to constituents of Ministry of New & Renewable Energy) stood at Rs 2532 crore up from Rs 2164 crore in FY08. It has posted an impressive loan sanction and disbursement performance during FY 09. Loan sanctions grew by 80.35% to achieve Rs 1,489 crore in FY09 as compared to Rs 826 crore in the previous year. Disbursement performance has shown similar trend, which has increased by 39.25% to reach a level of Rs 770 crore in FY 09 as against Rs 553 crore. The Company has largely concentrated on three renewable energy sectors - wind power, hydro power, and co-generation and these three sectors together contributed about 93% of the total loans sanctioned during the year.

Over the years, the Company's asset quality has suffered basically due to risky nature of its business activity of funding energy projects which are prone to time and cost escalations. The Company's gross NPAs decreased to 13.34% in FY 09 from the previous year figure of 19.25%, which has further to decreased to 12.63% in Q2 FY 10. Net NPAs have dipped to 3.27% in FY 09 from 11.28% in FY08, which has further decreased to 2.89%in Q2 FY 10. The projects related to small hydro, co-generation, energy efficiency & conservation and bio-mass have contributed largely to asset quality deterioration. However by taking appropriate steps and close monitoring, the Company was successful to contain fresh slippages, to just 0.06% in FY 09 compared to 6.22% in FY 08.

The Company has the support and backing of government of India. The rating assigned to IREDA is specific to the proposed Non-Convertible Debentures issue of Rs 150 crore which is backed by Govt. of India's letter of comfort. Not withstanding the risks involved in the line of activity in which it is engaged, IREDA has been able to put up a decent performance. Brickwork expects IREDA to continue to play its vital role in the renewable energy sector with Government of India's active support.

Copyright ©, 2009, Brickwork Ratings.

Brickwork Ratings has assigned the rating based on the information obtained from issuer and other reliable sources, which are deemed to be accurate. Brickwork has taken considerable steps to avoid any data distortion; however, it does not examine the precision or completeness of the information obtained. And hence, the information in this report is presented "as is" without any express or implied warranty of any kind. Brickwork does not make any representation in respect to the truth or accuracy of any such information. The rating assigned by Brickwork should be treated as an opinion rather than a recommendation to buy, sell or hold the rated instrument. Brickwork has the right to change, suspend or withdraw the ratings at any time for any reasons. Further, Brickwork should not be held responsible for any losses incurred from publishing or reproducing this report.

CONTACT DETAILS
Dr. A Suresh Kumar, Lead Analyst, Brickwork Ratings, 1-860-425-2742, suresh.kumar@brickworkratings.com
Heema V, Co-Analyst, Brickwork Ratings, 1-860-425-2742, heema.v@brickworkratings.com
Anitha G, Brickwork Ratings, 1-860-425-2742, media@brickworkratings.com
Rajender Walia, Director - Business Development, Brickwork Ratings, 1-860-425-2742, rajender.walia@brickworkratings.com

KEYWORDS
CONSUMER, ECONOMY, MARKETING, BANKING, BUSINESS SERVICES, ENERGY, Financial Analyst, STOCK EXCHANGES

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BWI: Register Now for the Third Annual ReIndia Expo

2009-12-07T14:30:00.000+05:30

Press release from Business Wire India
Source: ReIndia Expo
Monday, December 07, 2009 02:54 PM IST (09:24 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Business services, Education & training, Information technology, Media & entertainment; Technology
--------------------------------------------------
Register Now for the Third Annual ReIndia Expo

New Delhi, Delhi, India, Monday, December 07, 2009 -- (Business Wire India) -- Registration is now open for the third annual ReIndia Expo, which will be held January 29-30 at the Bombay Exhibition Centre in Mumbai. Registration is free, and advance registrants will be signed up for prize drawings that include iPods and magazine subscriptions.

ReIndia Expo is a two-day trade show for India's rapidly expanding remanufacturing industry. This event is designed to motivate the growing regional industry by providing a platform for education and instruction, product launches, service offerings, and peer networking and information sharing. Specialized education classes are taught by some of the industry's top names. Mumbai is the IT and business capital of India and a focal point of the region's phenomenal growth.

"ReIndia Expo has continued to provide new opportunities for companies in this industry," said Veerendra Chopra, one of the show's managing partners. "This year's show will provide tremendous new business opportunities and peer-to-peer networking in the imaging supplies aftermarket industry for both Indian and international companies. Many global businesses are seeking sales and distribution partnerships in India and China as well as new sources of supplies."

ReIndia Expo and Recharge India Magazine are powered by U.S.-based Recharger Magazine. Recharge India is the leading Indian imaging supplies aftermarket publication, providing technical insights and market information about aftermarket products both within India and internationally. Based in Bangalore with an office in Mumbai, Recharge India offers its readership a strong presence in India and a global pulse point for the remanufacturing industry.

Register now for ReIndia Expo at http://www.rechargeindia.com/ReIndia-Expo-2010.aspx.

CONTACT DETAILS
Veerendra Chopra, ReIndia Expo, +91 (11) 26885522, vchopra@pushkarv.com

KEYWORDS
PEOPLE, MARKETING, BUSINESS SERVICES, EDUCATION, IT, MEDIA, TECHNOLOGY

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BWI: Dell Inspiron Zino Puts Desktop Computing Back on the Desk

2009-12-07T14:04:00.000+05:30

Press release from Business Wire India
Source: Dell India
Monday, December 07, 2009 02:00 PM IST (08:30 AM GMT)
Editors: General: Consumer interest, Lifestyle; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology; Technology
--------------------------------------------------
Dell Inspiron Zino Puts Desktop Computing Back on the Desk
Brings Compact Size, Versatility and Style to Home Computing; Personalized with Different Lid Colors, Range of Options

Bangalore, Karnataka, India, Monday, December 07, 2009 -- (Business Wire India) -- Dell India today announced the mini-sized Inspiron Zino and Inspiron Zino HD desktops which are versatile enough to handle tasks from basic computing chores to driving a big-screen, High-Definition video media center. With a choice of colors, the Inspiron Zino desktops can be easily personalized to add flair to any room in the home. The Inspiron Zino is available starting this month, and the Inspiron Zino HD will be available in India next month.

"The Inspiron Zino proves again that great things can really come in small packages," said Girish Mehta, Consumer Marketing Director, Dell India. "It is a fashionable and functional computer that is small enough to fit almost anywhere in the home and can be personalized for the style-minded."

The News:

Inspiron Zino

Starting at Rs 17,500 the Inspiron Zino is ideal as a household PC that can fit in tight spaces and make home networking a cinch. It measures about 7.8 inches square and 3.5 inches tall. An added value is that the economical Inspiron Zino is available to customers in India with a choice of 4 colors - Piano Black, Plum Purple, Spring Green and True Blue.

Inspiron Zino Features:

-- Intel® AtomTM 230 processor
-- Intel's integrated 950 GMA graphics
-- 160GB* - 250GB* hard drive storage options
-- Media card reader and 4 USB ports (2 front, 2 back) make it easy and convenient to quickly transfer files and data
-- 8X DVD-ROM drive or DVD+/-RW drive

Inspiron Zino HD

While small in size, the Inspiron Zino HD is a big performer with standard HD-capable integrated graphics, HDMI output and built-in networking that make it smart for typical home and student computing activities such as word processing, e-mail, organizing photos and music, and surfing the Internet. With optional additional memory, hard drive storage, combo Blu-ray disc player, wireless remote control and Windows 7 Media Player, the Inspiron Zino HD can be configured into a powerful home media center computer

Inspiron Zino HD Features:

-- Choice of AMD Athlon processors or dual core Athlon Neo X2 6850e.
-- Up to 8GB dual channel DDR 2 memory
-- Up to 1TB internal hard disk storage
-- Combo DVD/CD RW drive with optional Blu-ray Disc combo
-- Integrated 10/100/1000 networking with wireless option
-- Optional wireless keyboard and mouse
-- Built in 2.1 high-definition audio and 4-in-1 media card reader
-- Integrated ATI graphics adapter with standard HDMI and VGA video connections, and optional 512MB discrete graphics adapter
-- Four USB ports (2 front/2 rear); two eSATA ports (rear).
Links:

www.dell.co.in
www.dell.com/desktops
www.flickr.com/photos/dellphotos

About Dell

People worldwide can buy Dell (NASDAQ:DELL) online, by phone and in more than 43,000 stores.

To view the photographs, please click on the links given below:

Dell Inspiron Zeno.jpg

Inspiron Zino desktop.jpg
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/Pic_1(255).jpg
Pic_1(255).jpg
http://www.BusinessWireIndia.com/attachments/Pic_21.jpg
Pic_21.jpg

CONTACT DETAILS
Bob Kaufman, Dell Inc., Round Rock, 512-723-5494, Bob_kaufman@dell.com
Lee Mokri, Enfatico, 415-365-8578, lmokri@enfatico.com

KEYWORDS
CONSUMER, LIFESTYLE, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, TECHNOLOGY

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BWI: MoneyGram International Expands Money Transfer Services to Rural Areas in India

2009-12-07T11:24:00.000+05:30

Press release from Business Wire India
Source: Business Wire
Monday, December 07, 2009 11:51 AM IST (06:21 AM GMT)
Editors: General: Consumer interest, Economy; Business: Advertising, PR & marketing, Banking & financial services, Business services
--------------------------------------------------
(BW)(MN-MONEYGRAM-INTL)(MGI)MoneyGram International Expands Money Transfer Services to Rural Areas in India
Now Available at Urban Co-Operatives Serving the States of Maharashtra, Karnataka and Gujarat

Mumbai, Maharashtra, India, Monday, December 07, 2009 -- (Business Wire India) --

MoneyGram International, a leading global money transfer company, today announced that two more banks-Abhyudaya Co-op Bank Ltd and Thane Janata Sahakari Bank Ltd (TJSB)-will soon be offering MoneyGram money transfer services. With these additions, 18 India banks offer MoneyGram's services.

Abhyudaya and Thane Janata Sahakari banks are MoneyGram's first urban co-operatives, and they extend the company's reach into smaller cities and towns in the states of Maharashtra, Karnataka and Gujarat. The banks have been signed as sub-agents by UAE Exchange & Financial Services Ltd and Thomas Cook (India) Ltd.

"MoneyGram is pleased to work with many established financial institutions across India to enhance the convenience of our affordable and reliable money transfer service across India," said Mr. Harsh Lambah, MoneyGram's regional director for South Asia. "We have doubled our network in India this year and our progress continues. Adding our service to Abhyudaya and Thane Janata Sahakari banks is a first step in providing more locations and services in rural areas."

According to the World Bank, 2008 remittances in India totaled $52 billion-a figure driven by the growing number of Indians living, working, studying and traveling abroad. Demand for safe and reliable remittances is especially high in countries with large Indian populations, including the United States, United Kingdom, Canada, Australia, Greece and the UAE.

MoneyGram has offices in New Delhi and Mumbai dedicated to expanding the company's money transfer services. "Our goal is to provide our customers in India and around the world more choices for money transfer services," said Mr. Lambah. "The special pricing and competitive exchange rates for India, along with our expansion into urban cooperative banks, will provide more convenient locations countrywide."

MoneyGram's money transfer service is approved by the Reserve Bank of India (RBI) and has been available in India since 1997. In addition to UAE Exchange and Thomas Cook, key agents across India include Mehra Forex, Airwings Services Pvt. Ltd., Indus Ind Bank, Supreme Securities Limited, Trade Wings Limited and Catholic Syrian Bank.

About MoneyGram International

MoneyGram International offers more control and more choices for people separated from friends and family by distance or those with limited banking relationships to meet their financial needs. A leading global provider of money transfer services, MoneyGram International helps consumers to safely send money around the world in as little as 10 minutes. Its global network is comprised of 186,000 agent locations in 190 countries and territories. MoneyGram's convenient and reliable network includes retailers, international post offices and financial institutions. To learn more about money transfer at an agent location, please visit www.moneygram.com.

About Abhyudaya Co-op. Bank Ltd

Abhyudaya Co-op. Bank Ltd is one of the leading urban co-operative banks in India. From a humble beginning in January 1964 as a co-operative credit society, today Abhyudaya Co-op Bank has become one of the largest urban co-operative banks with a "Scheduled Bank" status. The Bank has a network of over 75 branches all over Mumbai, Navi Mumbai, Pune, Raigad, Thane Districts in Maharashtra state, Udupi and Mangalore Districts in Karnataka State, and Vadodara and Ahmedabad Districts in Gujarat state.

About Thane Janata Sahakari Bank Ltd

The Thane Janata Sahakari Bank Ltd (TJSB) has emerged as one of the leading multi-state scheduled co-operative banks in the country. TJSB caters to the needs of society through a network of 42 Branches spread throughout the cities of Thane, Mumbai, Navi Mumbai, Nasik and Pune.

CONTACT DETAILS
CONTACTS :
Media
MoneyGram International
Gautam Kalro, 91 22 6761 9512
gkalro@moneygram.com

KEYWORDS
CONSUMER, ECONOMY, MARKETING, BANKING, BUSINESS SERVICES

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BWI: Best Indian Pay Per Click Management Firms Ranked for December 2009 by topseos.in

2009-12-07T10:42:00.000+05:30

Press release from Business Wire India
Source: topseos
Monday, December 07, 2009 10:51 AM IST (05:21 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
--------------------------------------------------
Best Indian Pay Per Click Management Firms Ranked for December 2009 by topseos.in
Companies are Evaluated and Ranked for the Benefit of Clients and Competition Alike

Plymouth, Indiana, United States, Monday, December 07, 2009 -- (Business Wire India) -- topseos.in, the independent authority on search vendors, has listed its BestPay Per Click Firms for this month.

Increasing web traffic is important for businesses who want to be seen. PPC firms use pay per click advertisements to usher in that audience. A good PPC management company has to understand the ins and outs of the web, along with consumer psychology, in order to be effective.

This is the Best Pay Per Click Program and other great companies serving India for the month of December:

-- RankUno Interactive
--SubmitShop
-- Cogniter Technologies
-- Maximum Hit
-- Decatrend Technologies
-- SEO Power Inc.
-- Communicate2
-- Valuepitch interactive
-- Pinstorm
-- Sortins Technologies
-- Performetris
-- Hyphen Technologies Pvt. Ltd.
-- Radixweb
-- SEO Trends
-- 909Marketing
-- Bitscape
-- netCatalysts
-- Kneoteric eSolutions
-- Profit By Search
-- Midas Web Technologies
-- ISHIR Digital
-- Development India
-- Mayuri Multimedia
-- NetCreativeMind Solutions
-- Smart Visibility
-- Marvist Consulting
-- Pravalika Designs
-- Brain Pulse SEO Services
-- Dimensioni
-- Webdhoom

These companies were placed through an extensive review based on an evaluation process designed for pay per click management companies. As a standard for topseos.in, the company and its clients are interviewed based on their practices and experiences, respectively. Clients are asked what three things they would change about their experience with the company, as well as whether their actual return compared to their estimated rate of return.

PPC companies looking to Apply for Ranking are welcome.

Learn more about the PPC Firm and other great companies serving India.

Follow us on Twitter

CONTACT DETAILS
Rachael E. Resner, topseos, 800-874-2458, rachael@eventures-llc.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: Top Indian Search Engine Optimization Companies Released by topseos.in for December 2009

2009-12-07T10:31:00.000+05:30

Press release from Business Wire India
Source: topseos
Monday, December 07, 2009 10:49 AM IST (05:19 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
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Top Indian Search Engine Optimization Companies Released by topseos.in for December 2009
SEO Companies are Reviewed and Ranked on a Monthly Basis

Plymouth Indiana, United States, Monday, December 07, 2009 -- (Business Wire India) -- The independent authority on search vendors, topseos.in has evaluated and highlighted the Top Indian Search Engine Optimization Service, and others, for this month.

The strategy behind search engine optimization is an art. It takes a lot of thought and effort to get a link to the top of search engine results. "Only a company who understands the intricacies of organic optimization will be able to accomplish that," explains topseos.in.

topseos.in has reviewed these companies for quality and customer service. The 30 Best Indian Search Engine Optimization Experts include:

-- SEOValley Solutions Private Limited
-- PageTraffic
-- Techmagnate
-- SEO Tonic
-- Outsource SEO
-- Samyak Online
-- Seo Expert Company India
-- Seo Workz Company
-- Varshyl Tech
-- Guide5.com
-- Communicate2
-- Valuepitch interactive
-- SEO Logistics
-- Performetris
-- eBrandz Inc
-- Web Net Creatives
-- VTech SEO India
-- Niche United IT Solutions Pvt. Ltd.
-- SEOXperts India
-- Cignus Web Services India
-- Cyberframe
-- Glosoft India
-- Palcom Web Pvt. Ltd.
-- SEO Discovery
-- Empowered SEO
-- Webgainmedia
-- Brain Pulse SEO Services
-- E2 Solutions
-- ISHIR Digital
-- Topranker.in

The evaluation criteria for SEO companies includes reviewing the effectiveness of the company by interviewing past and current clients. Project specific queries include, "How many of your top industry keywords rank in the top 10? Which ones?" and "How comprehensive, specific, and useful are the reports that are offered to the client? What metrics do they cover?" The preceding companies best cater to the needs of their clients. Not only are they profitable, but they offer quality services.

Learn more about the Top Indian Search Engine Optimization Services.

SEO Companies looking to be listed should Apply for Rankings

Follow us on Twitter

CONTACT DETAILS
Rachael E. Resner, topseos, 800-874-2458, rachael@eventures-llc.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: Tritech Launches Gemini Multi-Beam Subsea Imaging Sonar

2009-12-07T10:00:00.000+05:30

Press release from Business Wire India
Source: Tritech International Ltd.
Monday, December 07, 2009 10:30 AM IST (05:00 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Energy companies, Information technology; Technology; Healthcare
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Tritech Launches Gemini Multi-Beam Subsea Imaging Sonar

Mumbai, Maharashtra, India, Monday, December 07, 2009 -- (Business Wire India) -- Tritech International Ltd, an industry leader in subsea imaging and measuring systems, has launched its next generation Gemini 720i multi-beam imaging sonar. Gemini combines the benefits of long range detection with high definition imaging techniques to produce outstanding results. Lightweight, with a compact and robust design, the Gemini can be easily deployed on most remotely operated vehicle (ROV) and autonomous underwater vehicle (AUV) platforms.

Photo 1: http://halmapr.com/tritech/Gemini2.jpg (403 KB)

Photo 2: http://halmapr.com/tritech/gemini_sonar_image2.jpg (729 KB)

Weighing only 1.2 kg in the water, Gemini is ideal for ROV or AUV navigation and can be supplied with a Software Developer's Toolkit for autonomous control applications. Gemini is supplied with integrated Ethernet and VDSL communication modes which offer the option to communicate either through fibre optic cables or long distance twisted pair channels, depending on the configuration of the umbilical. All the sonar processing occurs inside the subsea unit, making it ideal for AUV control operations.

The introduction of a curved transmit transducer array ensures that acoustic energy power is evenly transferred across a wide swath imaging sector, thereby significantly speeding up search and navigation operations. To sharpen up the acoustic range resolution, an innovative sound velocity sensor has been integrated into the design of Gemini to accurately monitor the local velocity of sound conditions.

Building on Tritech's reputation of customer-focused software interfaces, the Gemini architecture has been integrated into Tritech SeaNet Pro software making it compatible and easy to upgrade with the company's range of survey and positioning sensors already deployed in the field.

Tritech's Managing Director, Simon Beswick, commented on the launch: "Gemini is a revolutionary product for subsea imaging, bringing extraordinary performance to our customers at a reasonable cost. The new multi-beam technology will form the basis of a new range of very high performance products tailored to meet our customers' requirements and complementing Tritech's reference scanning sonars."

About Tritech

Tritech is an industry leader in subsea imaging and measuring systems, with both acoustic and video sensors, for ROV (Remotely Operated Vehicles) and AUV (Autonomous Underwater Vehicles) markets. All of Tritech's products can be integrated with every other product on the SeaKing Network. The benefits of this network include fast, reliable communications and complete operational flexibility.

Tritech is based in Aberdeen in Scotland, with its design and manufacturing base located in Cumbria in the United Kingdom. In 2006 Tritech was acquired by Halma p.l.c. (www.halma.com), which also acquired SRD (Sonar Research & Development) in 2007. SRD specialises in multi-beam sonar technology, based in Beverley, East Yorkshire and is now part of the Tritech Group.

About Halma

Halma p.l.c. (www.halma.com) is an international market leader in safety, health and sensor technology. Halma is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$780m (2008). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, energy, water and waste treatment, the environment, construction, transport and healthcare.

Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

CONTACT DETAILS
Damian Corbet, Halma Public Relations, +44 (0)20 8511 1821, dcorbet@halmapr.com
Mr. Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 42000700, Srini@halma.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ENERGY, IT, TECHNOLOGY, HEALTHCARE

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BWI: Chinese Electroplating Effluent Testing Company Uses Palintest Water Analysers

2009-12-07T09:46:00.000+05:30

Press release from Business Wire India
Source: Palintest
Monday, December 07, 2009 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest, Economy; Business: Heavy industries, Water; Technology; Healthcare
--------------------------------------------------
Chinese Electroplating Effluent Testing Company Uses Palintest Water Analysers

Mumbai, Maharashtra, India, Monday, December 07, 2009 -- (Business Wire India) -- Testing equipment specialist Palintest Ltd is supplying its Photometer 7100 multi-parameter analysers to Shanghai Ruiyong Industry Co. Ltd., one of China's leading suppliers of water testing equipment for the electroplating effluent recycling industry. Ruiyong will use the testing kits for their own projects and is also acting as a distributor for Palintest, selling the products to its existing clients.

Photo: http://halmapr.com/palintest/ruiyong.jpg (608KB)

Palintest began working with Shanghai Ruiyong in 2008, after the company visited Palintest's booth at a trade exhibition in Shanghai. Ruiyong trialled a few Photometer 7100 analysers and were very pleased with the results. According to the company, the Palintest product is ideal for heavy metal testing.

Before it began using Palintest's products in 2008, Shanghai Ruiyong used traditional laboratory testing methods, which were inconvenient and slow. The Photometer 7100's portable design, ease of use and high accuracy make it ideal for both testing during project design phases and on-site monitoring. There is also the added bonus that customers are now able to do instant testing themselves and no not have to send off samples and wait for the results from a laboratory.

According to a spokesman from Shanghai Ruiyong, Palintest is now quite well known in the Chinese metal plating industry. He added that the arrangement with Palintest is a 'win-win' situation: Shanghai Ruiyong's products make the effluent valuable and Palintest is now the testing equipment supplier of choice.

As of October 2008, a new high-level standard was introduced for the water discharge from electroplating operations in Jiangsu, Zhejiang and Shanghai provinces, which requires both high accuracy and frequency of tests. As a matter of interest, there are over 60 electroplating facilities in just one city in Jiangsu Province, and 10 cities of a similar size in the province.

The key pollutants from electroplating effluent are potentially dangerous heavy metals such as chromium, iron, copper, zinc and nickel, and COD (Chemical Oxygen Demand). After measurement, treatment and recycling has been carried out, the valuable heavy metals can be reused, making accurate analysis even more valuable than just the obvious environmental benefits.

The Photometer 7100 accurately analyses the colour formed by test reactions, then presents the results clearly on an LCD screen on the unit. It is both portable and rugged, rated to IP67, and is supplied with a carrying case that holds the instrument itself as well as the necessary reagents for any testing application.

About Palintest

Based in the United Kingdom, Palintest (www.palintest.com) is a specialized manufacturer of water analysis technology, with its origins dating back to 1870. In the 1950s, Dr. Thomas Palin joined the company after developing the principal of breakpoint chlorination for water and inventing the DPD testing method for chlorine levels in drinking water. The DPD method, though over 50 years old, is still the recognised standard chlorine test both in China and around the world. Through continued improvement, refinement and innovation, the company is now the world's leading producer of a full range of testing equipment and reagents for water, soil, and the environment.

About Halma

Halma p.l.c. (www.halma.com) is an international market leader in safety, health and sensor technology. Halma is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$780m (2008). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, energy, water and waste treatment, the environment, construction, transport and healthcare.

Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

Palintest head office contact details:
Palintest Ltd
Palintest House
Kingsway, Team Valley
Gateshead, Tyne & Wear NE11 0NS
United Kingdom
Tel: +44 (0)191 491 0808, Fax: +44 (0)191 482 5372
Email: sales@palintest.com
Website: www.palintest.com

CONTACT DETAILS
Damian Corbet, Halma Public Relations, +44 (0)20 8511 1821, dcorbet@halmapr.com
Mr. Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 4200 0700, Srini@halma.com

KEYWORDS
CONSUMER, ECONOMY, HEAVY INDUSTRIES, WATER, TECHNOLOGY, HEALTHCARE

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BWI: Monitor Energy Consumption and Reduce Costs

2009-12-07T09:33:00.000+05:30

Press release from Business Wire India
Source: Radio-Tech Ltd
Monday, December 07, 2009 09:30 AM IST (04:00 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Energy companies, Information technology; Technology
--------------------------------------------------
Monitor Energy Consumption and Reduce Costs
Wireless Energy Management System Makes it Easy to Spot Spikes in Usage

Mumbai, Maharashtra, India, Monday, December 07, 2009 -- (Business Wire India) -- Wireless telemetry specialist Radio-Tech has developed an energy management system to enable organisations to monitor and ultimately reduce their energy consumption. The company's wireless data capture technology allows for 24/7 monitoring of remote assets and consumption of water, electricity and gas; regular reports on consumption allow usage to be cut, reducing both bills and environmental impact.

Photo: http://halmapr.com/radio_tech/energy_management.jpg (506KB)

The Carbon Trust, an independent body set up by the British government to combat the threat of climate change, highlights the importance of automatic meter reading in its document 'How to Monitor Your Energy Use': "Automatic meter reading systems provide accurate and timely data with the minimum of effort. These systems make it easy to take readings in real time and therefore identify savings opportunities quickly. They often pay for themselves in under a year."

Radio-Tech provides a range of radio telemetry products ideal for sub-metering applications (where organisations wish to measure energy consumption within particular areas of their sites). Low-power radio transmitters and data concentrators allow simple collection of metering data. Whether data is being collected from individual occupiers of commercial sites or different areas of a business, consumption and usage can be monitored remotely, accurately and securely.

Radio-Tech's market-leading technology not only includes meter reading but also network sensors that relay operationally beneficial data, such as humidity and temperature, to the central database. Core to the wide area product portfolio are the retrofittable pulse transmitters that have a range of 2km, or 12km if used with a repeater. A range of receivers is available to interface transmitters with existing building management systems. The hardware will output to Radio-Tech's own or third-party software, and benefits from a 10-year battery life.

About Radio-Tech

Established in 1993, Radio-Tech (www.radio-tech.co.uk) is one of the world's leading manufacturers and suppliers of wireless technology to the remote metering and monitoring markets. Applications include automatic electricity and water meter reading, rail temperature monitoring, bus telematics, intelligent street lighting, temperature and humidity monitoring and Legionella control. The company was purchased by Halma p.l.c. in 2005.

About Halma

Halma p.l.c. (http://www.halma.com) is an international market leader in safety, health and sensor technology. Halma is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$780m (2008). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, energy, water and waste treatment, the environment, construction, transport and healthcare.

Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

Radio-Tech contact details:
Radio-Tech Limited
U1 & U2, The London Road Campus
London Road
Harlow
Essex CM17 9NA
United Kingdom
Tel: +44 (0)1279 635849; Fax: +44 (0) 1279 442261
E-mail: sales@radio-tech.co.uk
Web site: www.radio-tech.co.uk

CONTACT DETAILS
Damian Corbet, Halma Public Relations, +44 (0)20 8511 1821, dcorbet@halmapr.com
Mr Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 4200 0700, Srini@halma.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ENERGY, IT, TECHNOLOGY

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BWI: Ocean Optics Offers Optical Sensing Tools for the Improved Use of Photovoltaics

2009-12-07T09:22:00.000+05:30

Press release from Business Wire India
Source: Ocean Optics
Monday, December 07, 2009 09:00 AM IST (03:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Heavy industries; Technology
--------------------------------------------------
Ocean Optics Offers Optical Sensing Tools for the Improved Use of Photovoltaics
Spectrometer Pioneer's Offerings Ideal for Monitoring Solar Panel Manufacture and Panel Operating Conditions

Mumbai, Maharashtra, India, Monday, December 07, 2009 -- (Business Wire India) -- Now available from Ocean Optics is a complete line of optical-sensing systems and components that addresses the needs of the growing market for photovoltaic solar cells - from characterization of the thin films comprising such cells to measurement of the spectral output of solar simulators.

Photo: http://halmapr.com/oo/photovoltaics.jpg (803 KB)

Ocean Optics is the creator of the world's first miniature fibre optic spectrometer. Its extensive line of low-cost, small-footprint modular spectrometers and accessories can be configured for millions of different UV-Vis-NIR applications. In particular, users can mix and match spectrometers and accessories to monitor photovoltaic thin films used in the manufacture and assembly of solar panels and to measure the spectral output of both the sun and radiant sources such as solar simulators.

For solar cell production, Ocean Optics spectrometers can be configured for thin film thickness measurement and endpoint detection - important quality control parameters that, if managed well, can help manufacturers reduce waste, eliminate off-specification product and increase yield. For many manufacturers, small savings or improvements in processes can drive the difference between being successful versus merely surviving in such a competitive market.

Ocean Optics spectrometers, including the company's flagship USB4000-series spectrometers and the new Jaz modular sensing suite (www.thejazclub.com), are also useful for monitoring the absolute and relative spectral irradiance of both the sun and artificial sunlight sources such as solar simulators. With the former, measurement of solar characteristics - the sun's spectral output at various wavelengths and under varying conditions - can help solar system installers "tune" (or position) photovoltaic panels most effectively. With solar simulators, the value is in monitoring how reliably the simulators mimic the sun's light in various environments. Indeed, the promise of simulators is in making it possible to test solar panels and other components inexpensively, so accurate output of such simulators is critical.

Fully integrated Ocean Optics spectrometer systems for most systems designed to measure photovoltaic thin films or the spectral output of solar simulators are available for well under $10,000. Applications Scientists are available for consultation on the optimum setup for each application.

About Ocean Optics

Headquartered in the USA, Ocean Optics is a leading supplier of solutions for optical sensing - fundamental methods of measuring and interpreting the interaction of light with matter. With locations in Asia and Europe, the company has sold more than 100,000 spectrometers worldwide since 1992. Ocean Optics' extensive line of complementary technologies includes chemical sensors, analytical instrumentation, optical fibres, thin films and optics. The company is a subsidiary of Halma p.l.c.

About Halma

Halma p.l.c. is an international market leader in safety, health and sensor technology. A public company listed on the London Stock Exchange, it has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$780m (2008). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, energy, water and waste treatment, the environment, construction, transport and health.

Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

Ocean Optics head office contact details:
Ocean Optics Inc.
830 Douglas Avenue
Dunedin, FL 34698
USA
Tel: +1 727 733 2447; Fax: +1 727 733 3692
Email: info@oceanoptics.com
Website: www.oceanoptics.com

CONTACT DETAILS
Damian Corbet, Halma PR Services, +44 20 8511 1821, dcorbet@halmapr.com
Mr Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 42000700, Srini@halma.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEAVY INDUSTRIES, TECHNOLOGY

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BWI: Accreditation and Privatization of Medical Education Critical for Indian Healthcare Industry Accelerator Study Highlights Challenges and Opportunities.

2009-12-06T09:50:00.000+05:30

Press release from Business Wire India
Source: Accelerator Group LLC.
Sunday, December 06, 2009 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest, Economy, Law & justice, People, Politics, Social issues; Business: Advertising, PR & marketing, Automotives, Banking & financial services, Business services, Education & training, Healthcare, biotechnology & pharmaceutical, Transport engineering; Technology; Automotive; Healthcare
--------------------------------------------------
Accreditation and Privatization of Medical Education Critical for Indian Healthcare Industry - Accelerator Study Highlights Challenges and Opportunities.

Gurgaon, Haryana, India, Sunday, December 06, 2009 -- (Business Wire India) -- Accreditation of hospitals and privatization of medical education are critical to the sustained growth of Indian healthcare industry as it faces several challenges that may impede robust growth. India's hospital industry faces significant shortage of qualified manpower in all categories of doctors, nurses and paramedical staff. This is perceived to be the single most important challenge that Indian hospital industry will have to reckon with. Additionally, building of hospitaIs without a mandatory 'needs analysis' in light of catchment area requirements will lead to an uneven development of healthcare delivery infrastructure and hamper optimal utilization of scarce resources.

Affordability of the high cost of technology by consumers of healthcare in India will necessitate significant adaptations to technology in the context of Indian markets. This is especially important in light of the escalating costs of material and equipment.

Hospitals also face limitations due to significant bureaucratic hurdles in obtaining clearances for setting up new facilities. The other governmental policies that will hinder growth are lack of a consistent policy on accreditation of healthcare delivery institutions, existence of arcane rules that prohibit participation of private sector in owning and operating medical and paramedical educational institutions, lack of availability of health statistics which could promote proper planning of facilities and low government budget allocation to healthcare as an industry.

These challenges to the Indian hospital industry are part of the findings of a recently released report - Sustaining & Growing, a survey of hospital CEOs in India, authored by Accelerator Group LLC. Accelerator Group is a US and India based investment banking firm specializing in healthcare. It has been actively advising India based hospital clients in strategic alliances and raising capital such as a recent transaction where in their client Rockland Hospital received funding from International Finance Corporation.

Accelerator Group conducted this study through a survey of CEOs, Chief Strategy Officers and senior management teams of 50 hospitals in India including national leaders such as Max Healthcare, Fortis Healthcare Limited, Global Hospitals Group and several regional hospitals such as Rockland Hospital, Heritage Hospital, Soni Group of Hospitals, Sahyadri Hospital, Kerala Institute of Medical Sciences, Soundarpandian Bone and Joint Hospital, Rajan Eye Care Hospital Private Limited.

This study focused primarily on the private sector to better understand the best practices, which are being employed by hospital managements in light of the increasing 'corporatization' of India hospital industry. 80% of the respondents were tertiary hospitals and 20% were secondary hospitals.

Ms. Seema Chaturvedi, Managing Director of Accelerator Group, emphasized the importance of these findings in light of the dominance of private sector in delivery of healthcare in India. Additionally, she noted, "with almost 80% of healthcare consumption being financed by private payers, especially through out-of-pocket means, it is critical that CEOs share best practices through such forums to allow for a multiplier effect that leverages the knowledge pool and optimizes resources."

The study highlights the extremely high level of optimism among all participants for the sustained growth of the industry. All respondents were very optimistic about the growth potential of the hospital industry in India in the medium and long term. In the short term, 60% of the respondents were very bullish while 40% indicated a medium level of optimism.

Despite the high capital intensity of the industry, most respondents are planning significant scale-up of the delivery infrastructure. This is expected to come from both Greenfield and Brownfield expansions. A key issue in seeking financing for these expansions was the still prevalent commercial terms that are extended by most commercial banks, as hospitals are perceived to be part of the 'real estate industry' as opposed to being part of the 'infrastructure industry.'

Private sector respondents underscored the substantial benefits of encouraging a strengthening of public-private partnership (PPP) models for healthcare delivery and education as a powerful mechanism for improving healthcare delivery outcomes. Improved awareness of diseases and prevention, mandatory accreditation of hospitals, and provision of a grading mechanism to rank hospital facilities were cited as policies that can lead to favorable healthcare delivery outcomes.

Key strategies being adopted for revenue expansion and cost reduction were identified by respondents. Focus on improving productivity of employees is an important cost containment measure being employed by many respondents. As part of understanding best practices for recruitment and retention respondents highlighted the need to for ongoing training and professional development to be significantly more important than compensation.

About Accelerator Group:

Accelerator Group LLC. is an investment banking advisory services firm focused on providing high quality services in areas of business combinations, mergers and acquisitions and raising growth capital. Accelerator Group also provides customized knowledge services in areas of business intelligence and market research. The firm specializes in the healthcare & pharmaceutical, manufacturing (automotive & aerospace) industries. It has offices in India and USA. www.agroupllc.com

CONTACT DETAILS
Shivam Trivedi, Accelerator Group LLC., 001.248.723 0808 (USA), +91 (124) 404 9479 (India), healthstudy2009@agroupllc.com

KEYWORDS
CONSUMER, ECONOMY, LAW, PEOPLE, POLITICS, SOCIAL, MARKETING, AUTOMOTIVE, BANKING, BUSINESS SERVICES, EDUCATION, HEALTHCARE, TRANSPORT, TECHNOLOGY, AUTOMOTIVE, HEALTHCARE

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BWI: HDFC Announces Changes in Senior Management Positions, Effective 1st January 2010

2009-12-04T19:27:00.000+05:30

Press release from Business Wire India
Source: Housing Development Finance Corporation Limited
Friday, December 04, 2009 07:32 PM IST (02:02 PM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Construction, Real estate
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HDFC Announces Changes in Senior Management Positions, Effective 1st January 2010

Mumbai, Maharashtra, India, Friday, December 04, 2009 -- (Business Wire India) -- Mr. Deepak S. Parekh, Chairman and Chief Executive Officer of the Corporation, after 31 years of service of which 16 years were as Chairman, has decided to step down from his executive position with effect from the close of business hours on December 31, 2009.

Mr. Parekh has been appointed as an Additional Director of the Corporation w.e.f. January 1, 2010 and shall hold office as such up to the date of the next Annual General Meeting of the Corporation (AGM) pursuant to the provisions of Section 260 of the Companies Act, 1956. However, he will continue to be the Chairman of the Corporation.

Mr. Keki M Mistry, currently the Vice Chairman & Managing Director will be re-designated as the Vice Chairman and Chief Executive Officer of the Corporation w.e.f. January 1, 2010. Mr. Keki M Mistry joined the Corporation in 1981, has served on the Board of the Corporation for 16 years. He has worked in various positions and now would be responsible for the overall functioning of the Corporation.

Mrs. Renu Sud Karnad, currently the Joint Managing Director has been appointed as the Managing Director of the Corporation for a period of 5 years, w.e.f. January 1, 2010, subject to the approval of the Shareholders at the ensuing AGM. Having joined the Corporation in 1978, Mrs. Renu Sud Karnad has been on the Board for the last 9 years. She will continue to be responsible for the Operations, Human Resources and Communications functions of the Corporation.

Mr. V. Srinivasa Rangan, Sr. General Manager & Chief Treasurer has been appointed as the Executive Director of the Corporation for a period of 5 years, w.e.f. January 1, 2010, subject to the approval of the Shareholders at the ensuing AGM. Mr. Rangan joined the Corporation in 1983 and has served in Delhi and Mumbai. He will also oversee the Resources and Accounts functions of the Corporation.

To view the photograph, click the link below:

Mr. Deepak S. Parekh, Mr. Keki M Mistry, Mrs. Renu Sud Karnad, Mr. V. Srinivasa Rangan
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/PIC(49).JPG
PIC(49).JPG

CONTACT DETAILS
Mahesh Shah, Housing Development Finance Corporation Limited, maheshs@hdfcindia.com

KEYWORDS
CONSUMER, PEOPLE, MARKETING, BANKING, BUSINESS SERVICES, CONSTRUCTION, REAL ESTATE, 500010.BO, HDFC.NS

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BWI: Technical Communication to be $ 800 Million Industry by 2012

2009-12-04T16:55:00.000+05:30

Press release from Business Wire India
Source: The Writers Block
Friday, December 04, 2009 05:01 PM IST (11:31 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Business services, Information technology, Telecommunications; Technology
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Technical Communication to be $ 800 Million Industry by 2012
Outsourcing, Domestic Demand, Trained Workforce Driving Growth

Bangalore, Karnataka, India, Friday, December 04, 2009 -- (Business Wire India) -- In what can be termed as the first ever industry panel at the Society for Technical Communication Annual conference, experts and industry leaders came together to agree that Technical Communication has evolved to be recognized as a industry. It is a $100 million market today and growing to reach $800 million by 2012 and over a billion in the next 5-6 years. This growth is backed by a surge in outsourcing demand, improved human capital supplies and larger domestic customer bench.

Speaking at a STC-TIE panel on the growth and evolution of the Technical Communication industry, Rakesh Shukla, Managing Director, The Writers Block said, "The Technical Communication space is evolving into a fast growing industry owing to a rise up the value chain in terms of delivery for the domestic and global customer. It is also an enhanced ROI proposition for customers and further aided by superior technologies and tools. One is likely to see technical communication evolve into a diverse, technology intensive, consumer friendly-collaborative space."

"Globally Technical Communication industry is about 15 percent the size of the software industry, however in India the trend is fortified by the growing aerospace and defence sectors, the growth of the digital economy and the growing focus on product engineering," he added.

Also speaking on the occasion, Ravindranath Parameswaran, Executive Director, TIE, Bangalore reflected on the growth of the Technical Communication industry and how innovation and entrepreneurship needs to be encouraged to make the most of the opportunity available in India. The other speakers at the Panel included - Usha Mohan, Managing Director - Triumph India; K Narssimhan, CEO - Commit Technologies; Aruna Panangipally, Managing Director - ibrik Consulting; and Sandhya Prasad, President - STC India Chapter.

The Technical Communication industry has seen a surge in demands for Outsourcing projects, which has gone up, especially after the US economic meltdown. The number of companies banking large documentation and technical communication projects in India has increased significantly. This is backed by the rise in availability of trained and experienced technical communication talent and workforce. This confidence in this nascent industry is also strengthened by a large number of domestic companies spending at significant percentage of their budgets on Technical Communication and Documentation needs.

What used to be an amateur career or a one made only with hands on experience of many years is now a lucrative career option for millions of young professionals. The multitude of career opportunities available, backed by international standard education and training facilities have converted Technical Communication into a growing and attractive career option for many.

Technical Communication covers a vast range of products and services. These include User Manuals, Instruction Guides, Quick Reference Guides, Product overviews, Illustrations/ 3D Drawings, White Papers, Case Studies, Brochures, Flyers, Web sites, Press releases, Installation Guides, Troubleshooting guides, IETM generated documents, Course material, Multimedia Demos, e-learning, Computer based training, Proposals, Research reports, News Letters, ISO & CMMi documentation, Process workflow documents, Policy Manuals and Process Manuals. The customers for Technical Communication and Documentation services includes sectors like IT Technology Products, Outsourcing, Manufacturing, Banking, Financial and Insurance, Aerospace, Defence, Hi-Tech Manufacturing, ERP and CRM, Pharmaceutical, Education and Business Consulting. Functions like Engineering, Marketing, Sales, Training, Deployment & Support and Development are often consumers of Technical Communication services and products.

About TWB

The Writers Block (TWB) is Asia's leading technical communication and publishing services provider and caters to the needs of technology and process driven industries. TWB provides world-class technical communication outsourcing, training and publishing services to companies globally. TWB's expertise spans industries that include IT, technology Products & Outsourcing, ITES, Financial, Aerospace, Defense, Ship Building, Manufacturing and Discrete & Process Industries. TWB offers a complete suite of services that allows its customers to effectively publish the technical knowledge and caters to over 60 large clients globally. TWB offers training under the TWB Technical Writing Certification Programs and has a portfolio of over two dozen certifications available as training offerings. Over 200 companies including SAP Labs, Lucent Technologies, IBM, Wipro, TCS, Sun Microsystems hire TWB certified professionals. TWB's expertise can be leveraged across functions which include Engineering, Software Development & Support knowledge through user manuals, quick reference guides and instruction guides, product overviews, Illustration/3D drawings; Marketing & Sales knowledge through whitepapers, case studies, newsletters, flyers, brochures, websites, blogs & forums and web based flash demos; Training, Implementation and Support knowledge through e-learning, demos, troubleshooting guides, course materials, installation guides, IETM generated documents and Process Documentation knowledge through ISO & CMMi documentation, policy manuals, process work flow documents. More information on TWB is available on www.twb.in.

To view the photographs, please click on the links given below:

Rakesh Shukla of TWB responding to a question at STC-TIE session on technical communication entrepreneurs

DSC01094
For picture(s)/data to illustrate this release click below:

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Pic1(73).jpg
http://www.BusinessWireIndia.com/attachments/Pic_2(114).JPG
Pic_2(114).JPG

CONTACT DETAILS
Megha, The Writers Block, +91 (80) 40741423/ +91 9945041426, connect@twb.in
Samantha, The Writers Block, +91 (80) 40741423/ +91 9810105861, connect@twb.in

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: Canvera coffee-table-books Chosen to Present Best of Marie Claire Fashion

2009-12-04T16:31:00.000+05:30

Press release from Business Wire India
Source: Canvera Digital Technologies Private Limited
Friday, December 04, 2009 04:55 PM IST (11:25 AM GMT)
Editors: General: Consumer interest, Fashion; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Publishing & printing; Technology
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Canvera coffee-table-books Chosen to Present Best of Marie Claire Fashion

New Delhi, Delhi, India, Friday, December 04, 2009 -- (Business Wire India) -- A remarkable collaboration between Marie Claire India, the celebrated fashion magazine from the The Outlook group, and Canvera will be unveiled at the Marie Claire Made in India Fashion Awards at The Leela Kempinski in Gurgaon. Canvera will be presenting The Best of Marie Claire Fashion, a finely curated, limited-edition coffee table book of fashion images by India's famous photographers. The hard cover book compiles a carefully sorted series of fashion spreads from the India edition of the magazine.

The book showcases the sheer vitality of the magazine's visual content, as well as the award-winning quality of Canvera. Speaking on the occasion Dhiraj Kacker, CEO of Canvera, said "We are extremely excited to be part of this unique project and it is indeed a real honour that the quality we deliver everyday is being used to showcase the work of some of the best of India's designers and photographers."

About "Made in India Fashion Awards"

The Made in India Fashion Awards is in its 2nd year running and the ceremony will feature a fashion show by 15 young designers brought together in association with Dastkar that will showcase fashion from all over India. Actress Asin Thottumkal will be the chief guest of the event.

About Canvera

Canvera is India's fastest growing online Digital Photography company. Canvera's main client base are professional photographers who use Canvera's award winning Photobooks/Coffee-table-books for everything from weddings and birthday parties to corporate events and model portfolios. Canvera won the Asia Pacific and Japan wide Best Photobook award two years in a row at HP Digital Print Awards 2008 & 2009. As on date Canvera has serviced the needs of professional photographers in more than 200 citiesall across the country. Started in late 2007 Canvera is headquartered out of Bangalore and was founded by Dr. Dhiraj Kacker (CEO) and Peeyush Rai (CTO) who have previously worked at numerous successful startups in Silicon Valley. Canvera is financially backed by Footprint Ventures (www.footprintventures.com), DFJ (www.dfj.com) and Mumbai Angels (www.mumbaiangels.com).

CONTACT DETAILS
Anshu Khanna, GoodWord Communication Pvt. Ltd., +91 11 40600902/ +91 9810049402, anshu.khanna@goodwordmedia.com
Gunjan Dua, GoodWord Communication Pvt. Ltd., +91 9711101070, gunjan@goodwordmedia.com

KEYWORDS
CONSUMER, FASHION, MARKETING, BUSINESS SERVICES, IT, MEDIA, PUBLISHING, TECHNOLOGY

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BWI: Nexway Chooses DRMConnect for Wrapping Mac Games

2009-12-04T15:10:00.000+05:30

Press release from Business Wire India
Source: Robosoft Technologies
Friday, December 04, 2009 03:19 PM IST (09:49 AM GMT)
Editors: General: Consumer interest, Entertainment; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
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Nexway Chooses DRMConnect for Wrapping Mac Games
Nexway Partners with Robosoft for Wrapping Mac Games and Software for Digital Distribution

New Udupi, Karnataka, India, Friday, December 04, 2009 -- (Business Wire India) -- Robosoft Technologies, a renowned developer of Mac and iPhone software and games, is proud to announce its partnership with Nexway, the leading digital e-commerce player and strategic partner for Software vendors, Mac and PC Games publishers and e-merchants worldwide.

DRMConnect, developed by Robosoft, is a robust DRM solution for distributing Mac software, and Flash, Casual and AAA titles on the Mac platform. With digital distribution becoming a preferred method by content developers, software and game piracy has increased over a period of time thus cutting down on the actual sales revenue. DRMConnect offers flexible methods of wrapping the Mac software products and games based on various factors like the number of minutes playable, number of days or launches, etc.

"Nexway was looking for a secure, flexible and cost-effective DRM solution for wrapping Mac software and games and we are extremely delighted that they chose DRMConnect", said Rohith Bhat, MD & CEO of Robosoft. "They evaluated DRMConnect in all the aspects before deciding to select our DRM solution. We're proud that this tool has met their requirements", he added.

"We are very happy to have signed this agreement with Robosoft. This new partnership will allow Nexway to propose even more games to our partners especially Mac and Flash titles", says Francis Ingrand, Vice President of Nexway Games.

DRMConnect also offers the flexibility to game publishers and distributors to apply one single DRM solution for digital sales as well as traditional retail channels. For more details, visit http://www.robosoftin.com/drm.

About Robosoft

Robosoft is a leading software development services company based in India. With a track record of continuous collaboration with more than 40 clients worldwide, Robosoft is an ideal partner for companies looking at developing a Mac/iPhone version of their product. Robosoft offers the assurance of mature software engineering processes and has an impeccable record of respecting Customer IP. For more information visit: http://www.robosoftin.com

About Nexway

Nexway is a leading digital e-commerce player in the software and PC games industries worldwide. The company has enjoyed a rapid growth thanks to strong and diversified partnerships with leading retailers and e-merchants, including: 01net, Dell, Fnac, Orange, Gamestop, Pixmania, VirginMega, ElCorteIngles, Tom's Guide, Softwareload; key software vendors, such as: Avanquest, Kaspersky, Lavasoft, Mindscape, and Nero. Nexway Games also counts partnerships with leading video-game publishers such as EA, Ubisoft, THQ, Sega, Atari and Take 2. Being a leading provider of turnkey e-commerce solutions to e-content publishers and major Internet players, Nexway is committed to delivering high-quality, cutting-edge titles to consumers through its broad portfolio of exciting software and video games, enriched by its acquisition of Boonty in January 2009 (www.boonty.com). Nexway has established subsidiaries in 12 countries and distributes software and games for download in more than 50 countries globally. In 2009, for the third year in a row, Nexway ranks in the Top 100 of Deloitte's Technology Fast 500 EMEA. To learn more, please visit www.nexway.com

All trademarks and copyrights contained herein are the property of their respective holders.

CONTACT DETAILS
Vinodh Kumar, Robosoft Technologies, +91 9448496679, vinodh.kumar@robosoftin.com
Jennifer Lansman, Nexway Press Relations, + 33-1 5517 3155, press@nexway.com

KEYWORDS
CONSUMER, ENTERTAINMENT, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: Web is King for Flight Booking and check-in at Mumbai International Airport

2009-12-04T12:34:00.000+05:30

Press release from Business Wire India
Source: SITA
Friday, December 04, 2009 01:00 PM IST (07:30 AM GMT)
Editors: General: Consumer interest, Travel & tourism; Business: Advertising, PR & marketing, Business services, Information technology, Travel & tourism; Technology
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Web is King for Flight Booking and check-in at Mumbai International Airport

Mumbai, Maharashtra, India, Friday, December 04, 2009 -- (Business Wire India) -- A global benchmark survey of leading airport hubs has found that the rates of online booking and web check-in are among the highest in the world at Mumbai International Airport.

The 4th annual SITA/Air Transport World Passenger Self-Service Survey (PSS) found that the preference for online booking was higher (77.9%) among Mumbai passengers than at any of the six international gateways included in this year's survey. The actual usage rate was 65.9% among those interviewed which is above the global average of 63.7% and an increase from 61.7% recorded at Mumbai during last year's survey.

Mumbai also stands out because of the popularity of web check-in which was used by 25.6% of passengers - a rate which was only exceeded by Atlanta, the world's busiest airport, where the rate was 32.2.%. Overall, preference towards self-service check-in continues to grow at Mumbai up from 60% last year to 68.9% this year compared to a global average of 62.9% across the six airports surveyed.

The PSS Survey is an in-depth look at the attitudes and habits of a representative sample of the 232 million passengers who use these six leading international airports: Mumbai International; Sao Paulo Guarulhos, Brazil; Hartsfield-Jackson, Atlanta; Charles de Gaulle, Paris; Moscow Domodedovo; and OR Tambo Airport, Johannesburg. The data is extracted from interviews with 2,193 passengers conducted at the departure gates earlier this year.

The number one reason cited by Mumbai passengers for not using self-service check-in was that they had bags to check-in (45.2%) as many of them did not see the value of self-service check-in options if they had to go an agent desk to drop off bags. Some also believe that it is not possible or too complicated to use self-service check-in options when there are bags to be checked in.

Maneesh Jaikrishna, SITA Director for India and South Asia, said: "This year's survey found that there was a significant increase in both awareness and availability of self-service check-in for passengers using Mumbai. Awareness of the self-service option is now almost at 80% and continues to grow."

The survey also found that passengers are spending more through airline web sites on ancillary services such as hotels and car hire and their numbers are expected to double. In Mumbai, over 40% of passengers use airline websites frequently or intermittently to book hotel rooms or car rental which is well above the 20% average.

Jaikrishna added: "It is also interesting to note that Indian passengers have a very high rate of preference, 68%, for an electronic copy of their boarding pass compared to 23% who prefer the conventional paper boarding pass. This is further evidence that India's air travellers are very open to technological innovation that simplifies the passenger journey."

The numbers of Mumbai passengers carrying a smart phone has almost doubled to 11.3% from 6.5% in 2008, in line with the global trend. But interestingly, passengers in Mumbai are more inclined to use their mobile phone throughout the travel experience. In Mumbai, 78% said they would use a mobile phone to check-in in the future as against a global average of 45%.

Dwell time at the airport is the step of the journey that passengers interviewed in Mumbai Airport would like to change the most with 59% asking for improved internet access capabilities, over 30% asking for digital assistance to find their way and for shopping.

Passengers flying on more than 100 different airlines and representing over 80 different nationalities were interviewed during April/June 2009 in this independent survey.

About SITA

SITA is the world's leading specialist in air transport communication and IT solutions. SITA delivers and manages business solutions for airline, airport, GDS, government and other customers over the world's most extensive network, which forms the communications backbone of the global air transport industry.

SITA's portfolio includes managed global communications, infrastructure and outsourcing services, as well as services for airline commercial management and passenger operations, flight operations, aircraft operations and air-to-ground communications, airport management and operations, baggage operations, transportation security and border management, cargo operations and more. With a customer service team of over 1,600 staff around the world, SITA invests significantly in achieving best-in-class customer service, providing integrated local and global support for both its communications and IT application services.

SITA has two main subsidiaries: OnAir, which is the leading provider of in-flight connectivity, and CHAMP Cargosystems, the world's only IT company dedicated solely to air cargo. SITA also operates two joint ventures providing services to the air transport community: Aviareto for aircraft asset management and CertiPath for secure electronic identity management.

SITA is one of the world's most international companies. Its global reach is based on local presence, with services for around 550 air transport industry members and 3,200 customers in over 200 countries and territories. In 2009, the company celebrates 60 years in business. Set up in 1949 with 11 member airlines, SITA today employs people of more than 140 nationalities, speaking over 70 different languages. SITA had consolidated revenues of over US$1.47 billion (?1.13 billion) in 2008.

For further information go to www.sita.aero.

CONTACT DETAILS
Denis McClean, Director, Public Relations, SITA, +41-22-747-6824/ +41-79-2173357, Denis.McClean@sita.aero
Manu Tandon, SITA, +91 9910386305, Manu.Tandon@sita.aero

KEYWORDS
CONSUMER, TOURISM, MARKETING, BUSINESS SERVICES, IT, TRAVEL, TECHNOLOGY

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BWI: Labsphere Introduces Industry First Forward Flux Lamp Standards for Light Measurement System Calibration

2009-12-04T11:28:00.000+05:30

Press release from Business Wire India
Source: Labsphere, Inc.
Friday, December 04, 2009 11:00 AM IST (05:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services; Technology; Healthcare
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Labsphere Introduces Industry First Forward Flux Lamp Standards for Light Measurement System Calibration
The most Accurate NIST-traceable Calibration Available

Mumbai, Maharashtra, India, Friday, December 04, 2009 -- (Business Wire India) -- Manufacturers of LEDs, light fixtures and displays can now calibrate their spectral or luminous flux measurement systems quickly and accurately with Forward Flux Lamp Standards from Labsphere. This entirely new technology, available only from Labsphere, provides an exceptional artifact for maintaining and verifying 2π integrating sphere spectrometer calibration with a highly reliable standard calibrated directly to the National Institute of Standards and Technology (NIST) lumen.

Photo: http://halmapr.com/labsphere/ffs.jpg (658 KB)

Available in 400 and 1000 lumen models, Forward Flux Lamp Standards can be used to calibrate integrating sphere spectrometers for total forward spectral radiant flux responsivity from 350 nm to 1050 nm. The lamp standards are designed to meet the recommended practices of the Engineering Society of North America (IESNA) LM-79 for 2π measurements of solid state lighting.

Each lamp standard is carefully seasoned, screened, and calibrated. All lamp standards are first seasoned for 1% of their rated life, and then screened for stability and repeatable performance, before transferring the lumen directly from a NIST lumen reference. The result is an accurate and reliable system calibration with a lamp standard distribution similar to the light sources being tested.

Lamp standards include a calibration certificate and calibration data on CD-ROM. Labsphere is an ISO 9001: 2000 Certified company.

For more information please contact Vikrant Mahajan, Labsphere's Applications Engineering Manager, on e-mail: vmahajan@labsphere.com or telephone: +1 603 927 4266 (extension 2198).

About Labsphere

Labsphere (www.labsphere.com) , a subsidiary of Halma p.l.c., is world leader in light testing and measurement and optical coatings. The company's products include LED, laser and traditional light source light measurement systems; uniform light sources for imaging device calibration; spectroscopy accessories; and high diffuse reflectance materials and coatings for applications in backlit panel displays, computed radiography, and system calibration.

About Halma

Halma p.l.c. (www.halma.com) is an international market leader in safety, health and sensor technology. It is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$780m (2008). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, health, energy, water and waste treatment, the environment, construction and transport.

Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

CONTACT DETAILS
Mr Vikrant Mahajan, Applications Engineering Manager, Labsphere, Inc., 603 927 4266 (extension 2198), vmahajan@labsphere.com
Damian Corbet, Halma PR Services, +44 (0) 20 8511 1821, dcorbet@halmapr.com
Mr Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 42000700, Srini@halma.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, TECHNOLOGY, HEALTHCARE

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BWI: Remote Level Sensing for Any Application

2009-12-04T10:47:00.000+05:30

Press release from Business Wire India
Source: Halma Water Management (HWM)
Friday, December 04, 2009 11:00 AM IST (05:30 AM GMT)
Editors: General: Consumer interest, Environment; Business: Advertising, PR & marketing, Business services, Telecommunications; Technology
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Remote Level Sensing for Any Application

Mumbai, Maharashtra, India, Friday, December 04, 2009 -- (Business Wire India) -- Halma Water Management's (HWM's) SonicSens is a versatile ultrasonic level sensor with a 5 year battery life, designed for easy installation and ready to output results either locally or via a range of telemetry options. It combines precise ultrasonic measurement with a connected MultiLog data logger to store, interpret and transmit results, making it suitable for a wide variety of level-sensing and flow monitoring situations. The option of cellular wireless telemetry and the long battery life mean that the device is ideal for remote installations where constant access is difficult and traditional communications unsuitable.

Photo: http://halmapr.com/HWM/hwm0609sonicsens.jpg (641KB)

Open channel flow or level monitoring is made easy by the non-contact ultrasonic sensor, taking instant and accurate readings of targeted surface levels - including Combined Sewer Overflows, which must be monitored, as required by European legislation. Fluid levels in tanks or storage containers can also be remotely checked, with easy mounting options allowing for temporary survey type operations. Data from the SonicSens can also be used as a control for other processes, allowing varying levels or alerts to have different effects.

The system is available in four different configurations to suit varying installation requirements and networking preferences. It can be non-ATEX cable linked, ATEX cable linked with a Barrier box, ATEX radio linked to the logger outside the ATEX zone, or the sensor, logger and cable all ATEX rated with total protection for completely below-ground installations.

SonicSens can communicate via GSM, GPRS, PSTN radio or satellite, and the communication module can be sited separately from the sensor itself to maximise signal. Also incorporated are echo-loss alarms, intelligent self-diagnosis, variable blanking distance, and automatic interference rejection based on rate of change to discount false readings.

About Halma Water Management

Halma Water Management (HWM), a subsidiary of Halma p.l.c., is the world leader and world's largest supplier of leakage management, pressure management and flowmeter technology. HWM is comprised of four Halma companies: Palmer Environmental, Radcom Technologies, Hydreka and FSC, under a single dedicated sales and sales support network. For more information please visit the company's website at http://www.hwm-water.com/ . HWM also has a press release blog with an RSS news feed at http://halmapr.com/news/hwm/ .

About Halma

Halma p.l.c. (hwww.halma.com) is an international market leader in safety, health and sensor technology. Halma is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$780m (2008). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as manufacturing, energy, water and waste treatment, the environment, construction, transport and health.

Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

HWM head office contact details:
Halma Water Management
Ty Coch House
Llantarnam Park Way, Llantarnam Industrial Estate
Cwmbran NP44 3AW
United Kingdom
Tel: +44 (0)1633 489 479; Fax: +44 (0)1633 877 857
E-mail: sales@hwm-water.com
Website: www.hwm-water.com

CONTACT DETAILS
Mr Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 42000700, Srini@halma.com
Damian Corbet, Halma Public Relations, +44 (0) 20 8511 1821, dcorbet@halmapr.com

KEYWORDS
CONSUMER, ENVIRONMENT, MARKETING, BUSINESS SERVICES, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: Sathguru Signs MoU with University of Florida to Facilitate Technology Commercialization in Asia

2009-12-04T09:56:00.000+05:30

Press release from Business Wire India
Source: Sathguru Management Consultants Pvt. Ltd.
Friday, December 04, 2009 10:25 AM IST (04:55 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Business services, Information technology; Technology; Healthcare
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Sathguru Signs MoU with University of Florida to Facilitate Technology Commercialization in Asia

Hyderabad, Andhra Pradesh, India, Friday, December 04, 2009 -- (Business Wire India) -- Sathguru Management Consultants, Hyderabad, a leading technology management services provider from Asia, has signed a Memorandum of Understanding with the University of Florida one of America's most academically diverse public universities. Through the MoU, technologies developed at the University of Florida would be made available for commercialization through technology licensing and other commercialization initiatives in Asia. K. Vijayaraghavan, CEO of Sathguru Management Consultants, commending the partnership stated. "We are very pleased and honored to have entered into this strategic partnership with University of Florida, one of the world's leading research institutions. This new partnership will leverage the capabilities of the University of Florida in sustainable technologies in agriculture, life sciences, and biotechnology, and would benefit the public across Asia."

The University of Florida is a recognized leader in creating technology based start-up companies. Over the years, some 50 biotechnology companies have already resulted from faculty research programmes. Last year alone, 14 companies were formed to commercialize research discoveries emerging from the university's laboratories. The scientists at the University of Florida generate 300 invention disclosures per year. It consistently ranks among the top ten universities in licensing. UF was awarded $574 million in sponsored research in 2008. Research at the university is diverse and range from health care to citrus production and even space research.

Over a quarter of a century, Sathguru Management Consultants has developed immense capabilities in providing strategic advisory, sector growth assessment, technology management, information technology services to public and private enterprises across the globe. Sathguru has emerged as the chosen partner in several innovative and path-breaking initiatives in the areas of development and capacity building in South Asia. Sathguru is also the oldest technology transfer firm in South Asia, globally recognized for creating innovative technology transfer platforms and nurturing innovation through technology commercialization strategies.

The MoU will result in a partnership that brings together resources and expertise from Sathguru and University of Florida to make available path-breaking sustainable technologies in agriculture, health care and other gamut's of life sciences, environment and clean technologies for the public good and commercial benefits in Asia. "We look forward to an exciting phase of growth and development as state of the art technology interventions in the areas of agriculture, nutrition and health care ensures sustainable cost-effective solutions to modern world problems that plague these areas especially in emerging economies" said K. Vijayaraghavan, CEO of Sathguru Management Consultants. "Across multiple dimensions, this new partnership is a major event in Sathguru's initiatives to become a key Asian repository of sustainable path breaking innovations from across the world for implementation in the developing world. This collaboration has the potential to contribute to economic growth and technology adoption for the public good application in the areas of agriculture and food production, health care and environment and significantly bridge technology gaps in agriculture and human health development."

CONTACT DETAILS
S. Susheel Kumar, Manager - Corporate Communications, Sathguru Management Consultants, +91 (40) 2335 0586, susheels@sathguru.com

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY, HEALTHCARE

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BWI: Laboratory Fluid Handling Specialist Diba Acquires Omnifit

2009-12-04T09:48:00.000+05:30

Press release from Business Wire India
Source: Diba Industries
Friday, December 04, 2009 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest; Business: Business services, Financial Analyst, Healthcare, biotechnology & pharmaceutical; Technology; Healthcare
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Laboratory Fluid Handling Specialist Diba Acquires Omnifit
Versatile, Chemically Resistant Components Complement Diba's Fluid Handling Products

Mumbai, Maharashtra, India, Friday, December 04, 2009 -- (Business Wire India) -- Diba Industries (www.dibaind.com), a subsidiary of Halma p.l.c. (www.halma.com), has acquired the Omnifit brand of products from sister Halma company Bio-Chem Fluidics. The Omnifit portfolio of fittings and connectors, bottle caps, and chromatography columns are a natural fit with Diba's state-of-the-art fluid handling products, used in in-vitro diagnostic, medical, and scientific equipment.

Photo: http://halmapr.com/diba/omnifit.jpg (300 KB)

Diba is the only company with the design expertise to provide solutions over an entire system's fluid path. A deep understanding of complex fluid movement results in custom assemblies with optimal wash characteristics, minimal carry-over and increased system throughput. Diba and Omnifit products are employed as critical components by analytical and industrial instrument manufacturers in applications including: chromatography, chemical research, biotechnology, hematology and other in-vitro analysis, pharmaceutical analytical research, industrial quality testing, printing and water/environmental monitoring.

"We work closely with our customers and vendors using both Diba proprietary technologies, like our Click-N-Seal torque limiting fittings, and industry proven parts to design, manufacture, and deliver optimal fluid path assemblies and products for each application," said Diba President Todd Burt. "The Omnifit acquisition gives us better access to components which have a strong reputation in the marketplace for their versatility, chemical resistance, and ease-of-use."

The Cambridge, UK-based Omnifit will become Diba Industries, Ltd., a subsidiary of Diba Industries, Inc., while the products will retain the Omnifit brand name. The new Omnifit website can be found at www.omnifit.com. Inquiries for either product line may be directed to sales@dibaind.com .

About Diba

Diba is headquartered in the USA and has offices in the United Kingdom, Japan and Switzerland. A subsidiary of Halma p.l.c., Diba provides custom engineered fluid handling components and design services. The company's technology includes flared tubing assemblies, lined or coated aspirate dispense probes with level sensing, in-line heaters, and custom caps for reagent and waste bottles. Diba services include fluid system development, prototypes, preventive maintenance kits, and custom extrusion.

About Halma

Halma p.l.c. is an international market leader in safety, health and sensor technology. It is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$742m (2009). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products. These subsidiaries are assisting India's economy in areas such as healthcare, energy, manufacturing, safety, water and waste treatment, construction and transport.

For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

Diba head office contact details:
Diba Industries, Inc.
4 Precision Road
Danbury, CT 06810
USA
Tel: +1 203 744-0773, Fax: +1 203 744-0663
E-mail: salesdept@dibaind.com / engineering@dibaind.com
Fax: www.dibaind.com

CONTACT DETAILS
Mr Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +91 (22) 42000700, Srini@halma.com
Damian Corbet, Halma Public Relations, +44 (0) 20 8511 1821, dcorbet@halmapr.com

KEYWORDS
CONSUMER, BUSINESS SERVICES, Financial Analyst, HEALTHCARE, TECHNOLOGY, HEALTHCARE

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