Business news releases for May 25, 2010

A summary of news releases for May 25, 2010, 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: Telecommunications

FOX-IT PRODUCTS SUPPORT ETSI LAWFUL INTERCEPTION STANDARD

Fox-IT, a specialist in solutions for IT security, lawful interception and digital forensics, today announced that its Fox DataDiode product for secure, one-way data transmission between networks fully supports the European Telecommunications Standards Institute's (ETSI) lawful intercept standard TS 102 232, further enhancing the security levels of classified networks that receive data from CSPs and distribute information to LEAs.

2) Category Code: Energy

AMSC AND SINOVEL EXPAND STRATEGIC PARTNERSHIP

American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, and Beijing-based Sinovel Wind Group Co., Ltd. (Sinovel) today announced at the American Wind Energy Association's WINDPOWER 2010 Conference & Exhibition in Dallas, Texas that they have expanded their strategic partnership to include additional wind turbine designs for both the onshore and offshore markets. Under the new agreement, Sinovel and AMSC's wholly-owned AMSC Windtec subsidiary, will design and jointly develop a range of advanced, multi-megawatt-scale wind turbines that Sinovel plans to market and sell worldwide. Sinovel expects to begin volume production of these multi-megawatt-scale wind turbines by the end of 2012 and, as part of the agreement, will purchase core electrical components from AMSC for these new machines.

3) Category Code: Philanthropy

LAST CALL FOR BMW GROUP AWARD FOR INTERCULTURAL COMMITMENT!

The submission deadline for the BMW Group Award for Intercultural Commitment is approaching: Applicants from all over the world are invited to submit their ideas on how to promote intercultural understanding by 31 May 2010. The three best project proposals will be honored in Munich on 18 November 2010.

4) Category Code: Data Management

CROSSBEAM CONTINUES TO STRENGTHEN ITS CHANNEL PRESENCE IN JAPAN

Crossbeam Systems, Inc., the leading provider of next-generation security platforms for high-performance networks, today announced that its successful partnership with UNIADEX, Ltd., a leader in network integration and communications systems in Japan, has led to new sales opportunities within its parent company Nihon Unisys Group. Crossbeam's X-Series security platform has been established as a recommended platform and is now available to other Group solutions providers to meet growing market demand for next-generation firewalls.

5) Category Code: Data Management

CORTINA TAKES PON INTEGRATION TO NEXT LEVEL WITH VOICE AND SWITCHING

Cortina Systems, Inc. (Cortina), delivering innovative technologies that link people and networks worldwide, today announced the newest additions, CS8017 EPON ONU, CS8210 GPON ONU, and CS8022 OLT, to its Integrated Access platform, a comprehensive technology development suite for the access network. Cortina continues to work with systems providers to optimize network cost on both ends of the fiber through integration. As part of Integrated Access Platform, Cortina Systems CS8017/CS8210 ONUs are consolidated EPON/GPON ONU solutions with integrated VoIP processors and Ethernet switches. Cortina Systems CS8022 OLT is the 2nd generation quad EPON OLT with integrated switch. To enable fast time to market, these devices include a device driver, software applications, operating systems, and reference designs.

6) Category Code: Technology

UNIVERSAL DISPLAY CORPORATION INTRODUCES NEW LIGHT-BLUE PHOLED MATERIAL SYSTEM AT 2010 SID CONFERENCE

Universal Display Corporation (NASDAQ:PANL), enabling energy-efficient displays and lighting with its UniversalPHOLED technology and materials, today will unveil a new light-blue phosphorescent OLED emitter system at the Society for Information Display's (SID) 2010 International Symposium, Seminar and Exhibition, being held at the Washington State Convention Center in Seattle, WA from May 23 through May 28, 2010. This new UniversalPHOLED emitter system offers the potential for significantly reduced power consumption and extended operational lifetime in OLED devices.

7) Category Code: Natural Resources

STERLITE INDUSTRIES (INDIA) LIMITED ANNOUNCEMENT REGARDING CHANGE IN EQUITY TO ADS RATIO

On April 26, 2010, Sterlite Industries (India) Limited (the Company) announced that the Board of Directors of the Company has, subject to the approval of the Shareholders, recommended:

8) Category Code: Energy

EXXONMOBIL OUTLINES ACHIEVEMENTS IN ENVIRONMENTAL, SAFETY, ECONOMIC & SOCIAL PERFORMANCE

Exxon Mobil Corporation (NYSE:XOM) today issued its 2009 Corporate Citizenship Report detailing actions to improve environmental, economic and social performance, while providing the energy needed to support economic recovery and growth around the world.

9) Category Code: Public Policy

SICPA AWARDED MASSACHUSETTS CONTRACT TO PROVIDE COUNTERFEIT-RESISTANT CIGARETTE TAX STAMPS

8SICPA Product Security, LLC was awarded a contract with the Massachusetts Department of Revenue (DOR) to provide the Commonwealth with a new counterfeit-resistant cigarette excise stamping program following a competitive bid process. The contract includes provision of an encrypted cigarette stamp, hand-held stamp scanning devices, and track and trace stamping technology. Meyercord Revenue, Inc. has been sub-contracted to provide stamping machines and ancillary equipment. The final contract was signed February 9, 2010 with an initial term of three years. Implementation is currently in progress with full system operation expected by July 2010.

10) Category Code: Professional Services

INTERNATIONAL ACCOUNTING STANDARDS BOARD CHAIRMAN SIR DAVID TWEEDIE ADDRESSES AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS GOVERNING COUNCIL

Sir David Tweedie, the chairman of the International Accounting Standards Board, speaking to the American Institute of Certified Public Accountants spring Council meeting, said the move to global accounting standards is a key element of the global financial reform agenda and long-term benefits of a single set of high-quality accounting standards far outweigh the short-term difficulties of transition.

11) Category Code: Technology

IRIS RECOGNITION SYSTEM INNOVATOR AOPTIX TECHNOLOGIES HIRES VICE PRESIDENT OF GLOBAL SALES

AOptix Technologies, Inc., (AOptix) (www.aoptix.com), a leading edge developer of advanced iris recognition products and long-distance wireless optical communications solutions, today announced that it has hired Dale Bastian as Vice President of Biometric Sales. Dale joins the AOptix Executive team with over 30 years of technology sales experience.

12) Category Code: Health

CORRECTING AND REPLACING GE HEALTHCARE HONORED FOR SUPPORT OF MILITARY AND EMPLOYEE RESERVISTS

GE Healthcare officials today received a very special American flag from Lieutenant General Jack C. Stultz, Chief of the Army Reserve and Commanding General of the U.S. Army Reserve Command, this Tuesday during Memorial Day observances at the company's Healthcare Institute in Waukesha.

13) Category Code: Technology

SGI NAMES PHILIP CHUA MANAGING DIRECTOR AND VICE PRESIDENT OF ASIA PACIFIC AND JAPAN

SGI (NASDAQ:SGI), a global leader in HPC and data center solutions, today announced the addition of Philip Chua as managing director and vice president of Asia Pacific and Japan (APJ). With strong sales leadership skills and management experience, Chua will be responsible for shaping and growing SGI's APJ sales organization, and will report to Tony Carrozza, senior vice president of worldwide sales.

14) Category Code: Insurance

AG INSURANCE SELECTS ISIS PAPYRUS SOFTWARE FOR INTEGRATED CASE MANAGEMENT TO DELIVER WORLD-CLASS EFFICIENCY IN INSURANCE

ISIS Papyrus announced that AG Insurance, a subsidiary of ageas (formerly Fortis SA/NV) has selected the ISIS Papyrus Platform for integrated case management to enhance Insurance services (claims, underwriting and general services) and resolution in several business lines.

15) Category Code: Technology

N-TRIG ANNOUNCES NEW DUOSENSE CHIPSET WITH ENHANCED PEN AND MULTI-TOUCH CAPABILITIES AT SID 2010 DISPLAY WEEK

N-trig is today launching its next generation DuoSense chipset which will provide greater and improved pen and multi-touch capabilities enabling OEM's to offer advanced new computing products resulting in an enhanced and more natural user experience. Production shipments of the new chipset are expected in Q3 2010. SID attendees can get Hands-on at N-trig's booth #1519 and see demonstrations of the latest DuoSense enabled products and technology enhancements.

16) Category Code: Telecommunications

HI'S 3D RENDERING ENGINE "MASCOTCAPSULE(R) ERUPTION" IS ADOPTED FOR THE WORLDWIDE RELEASE OF SQUARE ENIX'S NEW RPG "CHAOS RINGS(TM)" FOR IPHONE(R)/IPOD(R) TOUCH

HI CORPORATION (Headquarters: Tokyo, Japan; President and CEO: Kazuo Kawabata)(JASDAQ:3846)(ISIN:JP3160860007) announced today that HI's 3D rendering engine "MascotCapsule eruption" has been adopted by SQUARE ENIX CO., LTD. (Headquarters: Tokyo, Japan; President and Representative Director: Yoichi Wada) for their new role-playing game "CHAOS RINGS" that was launched worldwide exclusively for iPhone/iPod touch on April 20, 2010.

17) Category Code: Telecommunications

HUAWEI CHOOSES SEQUANS' NEW GENERATION CHIPS FOR SEVERAL NEW MOBILE WIMAX DEVICES

Sequans Communications, leading WiMAX chipmaker, announced today that Huawei has selected Sequans new generation chips for the development of several Mobile WiMAX devices, including USB dongles, modems, and CPE in multiple frequency bands. According to Infonetics, Huawei is today the market share leader in WiMAX equipment, with more than 60 deployments worldwide. Some of the new Sequans-powered Huawei devices will be on display at Computex next week, June 1-5, in Taipei, Sequans' booth A418a.