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BUSINESS WIRE DAILY SUMMARY - SEPTEMBER 26, 27, AND 28, 2009

 

Tuesday, Sep 29,2009, 12:21:56 PM   Click:

A summary of news releases for September 26, 27, and 28, 2009, compiled by Business Wire, the global leader in news distribution. To view any of these news releases on Business Wire's website, please go to www.businesswire.com.

1) Category Code: Automotive

VISITORS POUR INTO IAA ON THE LAST WEEKEND - EXHIBITORS ARE DELIGHTED

"The 63rd IAA Cars has greatly exceeded all our expectations. The world's most important trade show for mobility has proved to be a crowd-puller even under very difficult circumstances. We will have around 850,000 visitors at the IAA, far exceeding our own target of 750,000," stressed Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), at the International Motor Show, which runs until 27 September.

2) Category Code: Software

AUSTRALIA'S 443 ENHANCES IDENTITY/ACCESS MANAGEMENT PORTFOLIO WITH PASSLOGIX'S V-GO SINGLE SIGN-ON & RELATED SOLUTIONS

Passlogix(R), Inc., today announced - Australian information security consultancy 443 announced today that it has added the Passlogix v-GO(R)Access Accelerator Suite to its portfolio of identity and access management (IAM) solutions and services. The v-GO suite includes the market's leading solution for enterprise single sign-on (ESSO) - a widely adopted strategy for management of application passwords - as well as a variety of related sign-on, authentication and provisioning enablement tools that help organizations meet their IAM challenges.

3) Category Code: Energy

REGISTRATION OPEN FOR MIT PAN-ARAB CONFERENCE: GLOBAL ENERGY CHALLENGES & OPPORTUNITIES, ABU DHABI

The Massachusetts Institute of Technology Arab Alumni Association presents the 6th MIT Pan-Arab Conference, focusing on Global Energy Challenges & Opportunities (www.mitpanarabconf.org). The event is to be held in Abu Dhabi on November 9, 2009 at the InterContinental Hotel, and covers a variety of topics of importance for both global energy and regional development. Registration is open to all, and we expect to welcome alumni and faculty of MIT as well as senior government leaders, business executives, entrepreneurs, financiers, and policy makers from the region.

4) Category Code: Video & Audio

WHEELSTV AND OOYALA ANNOUNCE THE MARKET TEST OF POV REVIEWS ON EBAY MOTORS

WheelsTV, the leading producer and distributor of independent new car video test drives, and Ooyala, the leading provider of end-to-end video platform applications and services, today announced the market test of POV (Pre-Owned Vehicle) Reviews on eBay Motors. This new, video-based consumer shopping service was created by WheelsTV in response to a significant need by pre-owned vehicle shoppers for a video-centric shopping and research solution that would save significant time, make the process more enjoyable and lead to a better vehicle ownership experience.

5) Category Code: Networks

CIENA ANNOUNCES 5400 FAMILY FOR NEW ERA OF MODULAR, SOFTWARE-DEFINED NETWORKING

Ciena(R)Corporation (NASDAQ:CIEN), the network specialist, today announced its new 5400 Family of Reconfigurable Switching Systems, a series of performance-optimized, multi-terabit Ethernet, OTN and TDM switching systems with integrated transport functionality that can be flexibly configured to implement a broad range of network elements including a scalable optical cross-connect, feature-rich Carrier Ethernet switch, or a fully converged packet-optical transport and switching system. Establishing a new benchmark for modular networking, Ciena's 5400 family leverages common service-aware operating software - Ciena OneOS - to enable automated service delivery, dynamic mesh restoration and massive scale. It also provides the ability to operate across network layers to increase the velocity of service creation, reduce network ownership cost, and improve network resiliency.

6) Category Code: Networks

CIENA ANNOUNCES COREDIRECTOR FS FOR EVOLVING NETWORKS TO ETHERNET AND OTN

Ciena(R)Corporation (NASDAQ: CIEN), the network specialist, today announced its CoreDirector(R)FS Multiservice Optical Switch, a comprehensive enhancement of the company's core optical switch that delivers substantial new hardware and software features, including data, control and management plane extensions, to support the transition from SONET/SDH architectures to next-generation Ethernet/OTN-based networks. Fully interoperable with the global installed base of CoreDirector and CoreDirector CI(R)switches, CoreDirector FS, along with the new 5400 Family of Reconfigurable Switching Systems [see related announcement:"Ciena Announces 5400 Family for New Era of Modular, Software-Defined Networking"], represent Ciena's next-generation switching solutions for building service-enabling infrastructures that are designed for rapid service creation, agile service delivery and providing a seamless transition to high-capacity converged Ethernet and OTN networks.

7) Category Code: Medical Devices

COVIDIEN ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE ASPECT MEDICAL SYSTEMS, INC.

Covidien (NYSE: COV) and Aspect Medical Systems, Inc. (NASDAQ: ASPM) today announced that Covidien has reached a definitive agreement to acquire Aspect, a global market leader in brain monitoring technology.

8) Category Code: Banking

VISA ESTIMATES $90.2 TRILLION IN GLOBAL COMMERCIAL SPENDING FOR 2008

Visa Inc. (NYSE: V) today released the annual global Commercial Consumption Expenditure (CCE) index, which estimates that global commercial spending grew to $90.2 trillion in 2008. The annual Visa CCE report provides standardized tracking of business and government spending globally and is recognized as an industry benchmark for measuring commercial spending.

9) Category Code: Medical Devices

SUNTECH 247 BLOOD PRESSURE MONITOR RECEIVES THIRD-PARTY VALIDATION TO AAMI, BHS, AND ESH STANDARDS

SunTech Medical announces the independent validation of the SunTech 247(TM) blood pressure monitor to appear in the October issue of Blood Pressure Monitoring.

10) Category Code: Agriculture

AGCO AWARDED MAJOR BUSINESS CONTRACT IN CHINA

AGCO Corporation (NYSE:AGCO), Your Agriculture Company, a worldwide distributor and manufacturer of agricultural equipment, today announced that it has been awarded a contract in a competitive bid for tractors by the Heilongjiang provincial government in China. This program is aimed at expanding agricultural technology and productivity in the local Chinese market.

11) Category Code: Data Management

LEADING JAPANESE CRO ATTAINS HIGHEST ACCREDITATION IN MEDIDATA SOLUTIONS' ASPIRE TO WIN PARTNER PROGRAM

Medidata Solutions (NASDAQ: MDSO), a leading global provider of hosted clinical development solutions, today announced that CMIC, one of the largest contract research organizations (CROs) in Japan, has attained Rave Accredited Plus, the most advanced level in Medidata's ASPire to Win(R)program for CROs and other service providers. With this accreditation, CMIC can now offer a comprehensive suite of services to implement and support Medidata Rave(R), a leading platform for electronic clinical data capture, management and reporting, for a growing customer base in Japan, as well as across Asia.

12) Category Code: Telecommunications

VANTRIX CONTINUES TO EXPAND GLOBAL REACH WITH NEW OFFICE IN HONG KONG

Vantrix, the leading provider of content adaptation and optimization solutions for converged wireless, broadband and cable networks, today announced the opening of its new office in Hong Kong. The Asia Pacific (APAC) region represents significant growth opportunity for Vantrix and Hong Kong is an ideal central hub for Vantrix sales operations for the entire region.

13) Category Code: Insurance

BESTWEEK ASIA/PACIFIC: RELIANCE LIFE POINTS THE WAY TO PRIVATE CAPITAL IN INDIA

This week's edition of BestWeek Asia/Pacific looks at the efforts of India's Reliance Life to tap capital markets for 1private equity, a move that may foreshadow a rush of insurers in the country to list shares.

14) Category Code: Software

EFD ADDS NEW CUSTOMER-FOCUSED 3D CAD SERVICE TO WEBSITE

EFD, Inc., a subsidiary of Nordson Corporation (NASDAQ: NDSN) has added a new feature to their website that allows visitors to download 3D CAD (Computer Aided Design) models of EFD products. The new capability will enable customers and prospects to easily and accurately spec-in EFD products when configuring manual work stations or automated assembly machines.

15) Category Code: Telecommunications

LEADING COMPANIES FORM MOBILE HIGH-DEFINITION INTERFACE WORKING GROUP TO DRIVE INDUSTRY STANDARD FOR MOBILE WIRED CONNECTIVITY

Nokia Corporation (NYSE: NOK), Samsung Electronics Co., Ltd. (KSE: 005930, LSE-GDR: SMSN), Silicon Image(TM), Inc. (NASDAQ: SIMG), Sony Corporation (NYSE: SNE) and Toshiba Corporation (TSE:6502) today announced the formation of a Mobile High-Definition Interface Working Group that intends to create an industry standard for an audio/video interface to connect mobile phones or portable consumer electronics (CE) devices directly to high-definition televisions (HDTVs) and displays. This new mobile connectivity standard, based on Silicon Image's Mobile High-Definition Link (MHL(TM)) technology, will be defined, promoted and marketed by the Working Group as an industry standard open to anyone desiring to be an adopter and enable the development of mobile products that adhere to this new standard across a broad connectivity ecosystem.

16) Category Code: Software

GUIDEWIRE SOFTWARE OPENS HONG KONG OFFICE TO BETTER SERVE ASIAN GENERAL INSURANCE MARKET

As a sponsor of the 5th Insurance Executives' Summit on Technology, Guidewire Software(R), a leading provider of flexible core systems to general insurance companies, today announced that it has expanded its international operations with the creation of a subsidiary company, Guidewire Software Asia Ltd., and the opening of a new office in Hong Kong. Guidewire's Asia Pacific presence already includes offices in Sydney and Tokyo. This new office will further serve the needs of this region.

17) Category Code: Electricity

PHILIPS LUMILEDS OPENS OFFICE IN SHANGHAI TO SUPPORT CUSTOMERS & DEVELOPMENT OF ENERGY SAVING SOLID STATE LIGHTING SOLUTIONS

Philips Lumileds announced today that it has opened a new office in Shanghai that is being staffed with an applications team and market specialists to support the growing number of companies in China developing solid-state lighting solutions. The applications team and specialists will support customers as they design systems for reliability, efficiency and performance. By providing optical, thermal and electrical LED design expertise, Philips Lumileds will further support rapid development and market entry for new LUXEON LED based products that deliver the energy saving performance and environmental benefits of solid state lighting.

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