2007'09.02.Sun
A8 Music Wins 'Red Herring 100 Asia' 2007 Award
August 30, 2007
BEIJING, Aug. 29 /Xinhua-PRNewswire/ -- A8 Music Group,
China's largest original music platform, announced today
that it was awarded as one of The Top 100 winners at the
"Red Herring 100 Asia 2007." Mr. Liu Xiaosong,
Chairman & CEO of A8 Music Group, attended the Awards
Ceremony on 29 August 2007 in Hong Kong, China.
Red Herring 100 Asia is an exclusive event honoring 100
cutting-edge private technology companies from across the
Asia-Pacific region. The event brings together an elite
roster of entrepreneurial and global venture investment
firms to showcase excellence in innovation.
A total of 200 enterprises from 16 Asian countries and
regions were qualified for the award. Ten Internet-based
enterprises from China ranked in the Top 100 finalist. A8
Music Group is proud to be the only digital music company.
"Red Herring 100 Asia" is an annual event and
the awards are given to private cutting edge technology
companies. The aim of the awards is to discover and
highlight promising startups that will lead the next wave
of cutting-edge innovation in Asia. Red Herring's selection
committee's qualifying criteria includes technological
creativity, management, market orientation, financing
history, and financial status. The top 100 finalist are
from 16 Asian countries, including China, India, Japan,
Singapore, South Korea, Australia and Vietnam.
Mr. Liu Xiaosong, Chairman & CEO of A8 Music Group,
said, "This award demonstrates that global investors
yet again acknowledge the achievements of A8 Music Group
and the digital music industry in China. A8 Music was
among the earliest companies to set foot in the digital
music field in China. Since then, we have maintained our
momentum at the forefront of China's digital music industry
as a permanent advocate of authentic copyright and creative
music. A8 Music has successfully created the industrial
chains, for the distribution of Chinese original music.
We have integrated the traditional music production
procedures like collection, selection and production with
new media promotion and distribution. A8 Music also
further integrates the strengths of both traditional and
wireless music resources via diversified marketing
approaches to improve the music industry's supply chains,
to further enhance the booming Chinese digital music
market."
A total of 10 Chinese companies in the digital music
field have obtained venture capital funds from 2001 to July
2007 amounted to US$112.6 million, among them; A8 Music
Group, which had attracted some world-famous VC investors.
Based on its outstanding performance as a high-growth and
high-earnings, A8 Music was honored with the No. 16 ranking
in the final list of "2007 China's Top 50 Investment
Value Enterprises" in July of 2007, being the only
company from the digital music industry. Adding to A8
Music's award list, "Red Herring 100 Asia,"
marks another milestone for the company and acknowledges
its value, not only in China but in Asia as well.
About A8 Music Group
A8 Music Group is a leading new media and digital music
company and the largest original music platform in China.
Established in 2000, A8 Music actively involved in Internet
and wireless value-added music services. It has built up a
multi-faceted music resource system covering not only
traditional media, such as radio, TV, and print, but also
linking to new media such as the Internet and wireless
platforms.
A8 Music Group also pioneered original music platform
and community at www.a8.com .
The company has been actively advocating and promoting
China's own original music. In 2005, A8 Music Group was
honoured the No. 1 in the final list of "2005-2006
China Internet Top 50 Brands" under the category of
comprehensive music for its professional music services and
high popularity. With its leadership in the digital music
and exponential growth of 1032.47% in the past three years,
A8 Music was honoured No. 6 ranking in the final list of
"2005 China High-tech, High-growth Top 50
Enterprises" and the No. 1 ranking for an Internet
industry by the Deloitte International Accounting Company.
A8 also awarded as No. 35 ranking in the final list of the
"2005 Asia-Pacific Region High-tech, High-growth Top
500 Enterprises," No. 22 ranking in the Deloitte
"2006 China High-tech, High-growth Top 50
Enterprises," and No. 16 in "China's most
investment-valuable Top 50 Enterprises of 2007."
About Red Herring
Red Herring is a global media company uniting the
world's best high technology innovators, venture investors
and business decision makers in a variety of forums: a
leading innovation magazine; an online daily technology
news service; technology research, and major events for
technology leaders around the globe. Red Herring provides
an insider's access to the global innovation economy,
featuring unparalleled insights on the emerging
technologies driving the economy. For more information,
visit www.redherring.com .
For more information, please contact:
A8 Music Group
Aling Hu
Marketing Department
Tel: +86-10-5905-0013
Email: cloud.hu@a8.com
PR
2007'09.02.Sun
DBS china receives approval to Conduct rmb business with chinese residents
August 29, 2007
SINGAPORE, Aug. 29 /Xinhua-PRNewswire/ -- DBS Bank
(China) Limited (DBS China), a fully-owned subsidiary of
Singapore's DBS Bank Ltd, today announced that it has
received approval from the China Banking Regulatory
Commission (CBRC) to offer RMB products and services to
local Chinese residents.
Mored details on the DBS RMB products and services for
the Chinese residents will be announced in due course.
About DBS
Headquartered in Singapore, DBS is one of the largest
financial services groups in Asia with operations in 15
markets. The largest bank in Singapore as measured by
assets, and a leading bank in Hong Kong, DBS'
"AA-" and "Aa1" credit ratings are
among the highest in the Asia-Pacific region. DBS has
leading positions in corporate, SME and consumer banking,
treasury and markets, wealth management, securities
brokerage, equity and debt fund raising. Beyond the anchor
markets of Singapore and Hong Kong, DBS serves corporate,
institutional and retail customers through its operations
in China, India, Indonesia, Malaysia, Thailand and The
Philippines. More information about DBS Group Holdings and
DBS Bank can be obtained from our website
http://www.dbs.com .
About DBS China
DBS is one of the first few foreign banks and the first
Singapore bank to incorporate in China. The subsidiary, DBS
Bank (China) Limited, is headquartered in Shanghai and
commenced business on 28 May 2007 with a registered capital
of RMB4 billion (USD523 million).
DBS first established its presence in China with a
representative office in Beijing in 1993. In 2005, DBS
officially launched its consumer banking business in
Shenzhen, followed by the opening of a sub-branch in
Shanghai in May 2006.
Today, DBS has branches in Beijing, Shanghai, Shenzhen,
Suzhou and Guangzhou and representative offices in Dongguan,
Fuzhou, Hangzhou, and Tianjin.
More information on DBS China can be obtained from
http://www.dbs.com/cn/
For more information, please contact:
Jenny Lee
Vice President
Group Strategic Marketing & Communications
DBS Bank
Tel: +65-6878-8849
Mobile: +65-9733-5757
Email: jennylee@dbs.com
Vicki Soh
Assistant Vice President
Group Strategic Marketing & CommunicationsDBS Bank
Tel: +65-6878-2272
Mobile: +65-9066-3663
Email: vickisoh@dbs.com
2007'09.02.Sun
AmbironTrustWave Acquires One-SEC Ltd.
August 29, 2007
CHICAGO and LONDON, Aug. 29 /Xinhua-PRNewswire/ --
AmbironTrustWave, a leading provider of data security and
compliance management solutions worldwide, has acquired
London-based One-SEC Ltd. (One-SEC), the leading provider
of Payment Card Industry Data Security Standard (PCI DSS)
compliance solutions for businesses and organizations in
Europe, the Middle East and Africa (EMEA). The deal is
closed, and its terms will remain confidential.
As the leading provider of PCI DSS compliance services
in EMEA, One-SEC works closely with the card associations,
acquiring banks, payment service providers, merchants,
hosting providers and other entities involved in payment
card processing. The company was founded in 2004 and is a
Qualified Security Assessor (QSA) and an Approved Scanning
Vendor (ASV) as defined by the PCI Security Standards
Council.
With the acquisition, One-SEC operations will merge
with the operations of London-based AmbironTrustWave Ltd.,
a wholly-owned subsidiary of AmbironTrustWave.
As a result of the transaction, businesses and
organizations in the EMEA region will now have access to
all of AmbironTrustWave Ltd.'s data security and compliance
management solutions, including:
-- Compliance Management Solutions
- Regulatory Compliance Manager (RCM)
- PCI DSS, GLBA, FSA, SOX, ISO 27001
-- Managed Security Services
- Intrusion Detection Service/Intrusion Prevention
Service
- Firewall
- Unified Threat Management (UTM)
- Network Security Monitoring (NSM)
- Secure e-mail
-- SSL Certificates
- Extended Validation SSL Certificates
- Traditional SSL Certificates
"We are excited about the talent and international
capabilities that the One-SEC organization brings to our
company," says Robert J. McCullen, chairman and CEO of
AmbironTrustWave. "This transaction solidifies our
footprint in the EMEA region and is a critical step in
fulfilling our global vision and strategy."
"The acquisition will bring more resources to our
clients, strengthening our data security offerings as well
as other compliance solutions," says Riaan Versfeld,
CEO of One-SEC. "By combining the products and
services of both companies we can now offer businesses and
organizations throughout the EMEA region the resources
required to protect their vital business information on a
24x7 basis while complying with the latest industry and
regulatory standards."
AmbironTrustWave Ltd.'s management structure will be
organized as follows:
-- Riaan Versfeld, Managing Director
-- Andrew Henwood, Director of Operations
-- Brooks Wallace, Director of Sales
-- Kyle Hastings, Director of Professional Services
About AmbironTrustWave Ltd. & AmbironTrustWave
London-based AmbironTrustWave Ltd., is a wholly owned
subsidiary of AmbironTrustWave, a Chicago-based global
provider of information security and compliance management
solutions to businesses and the public sector. The company
has serviced more than 30,000 organizations throughout the
world including banks, merchants, service providers and
software developers that are required to validate
compliance with industry best practices for safeguarding
information endorsed by American Express, Discover,
MasterCard Worldwide, Visa International and Visa USA.
AmbironTrustWave is a leading certificate authority with
thousands of secure sockets layer (SSL) certificates
issued. AmbironTrustWave is headquartered in Chicago with
offices throughout North America, Latin America, Europe,
Asia and Australia.
For more information, please contact:
Michelle Nisenboim
AmbironTrustWave
Tel: +1-312-873-7288
Email: mnisenboim@atwcorp.com
Web: http://www.atwcorp.com
2007'09.02.Sun
Spreadtrum and ZTE Sign TD-SCDMA Strategic Partnership Agreement
August 29, 2007
SHANGHAI, China, Aug. 29 /Xinhua-PRNewswire/ --
Spreadtrum Communications, Inc. (Nasdaq: SPRD), one of
China's leading wireless baseband chipset providers, today
announced that its subsidiary, Spreadtrum Communications
(Shanghai) Co., Ltd., has entered into a TD-SCDMA strategic
partnership agreement with Zhongxing
Telecommunication-Equipment Enterprise (ZTE).
A number of factors made the partnership agreement
possible. Both Spreadtrum and ZTE have invested in the
research and development of complementary TD-SCDMA products
for the past several years, Spreadtrum in baseband chipset
and ZTE in system equipment. Both companies also share a
common vision in how to further develop TD-SCDMA technology
and the industry. As a result, both companies have decided
to form a strategic partnership and will cooperate in a
number of projects designed to improve the functionality of
TD-SCDMA system and terminals and introduce additional
TD-SCDMA commercial products.
Both companies believe that this partnership between
two reputable Chinese communications companies should help
speed up the development of TD-SCDMA products and the
commercialization of TD-SCDMA technology.
About Spreadtrum:
Spreadtrum Communications, Inc. is a fabless
semiconductor company that designs, develops, and markets
baseband processor solutions for the mobile wireless
communications market. Spreadtrum combines its
semiconductor design expertise with its software
development capabilities to deliver highly-integrated
baseband processors with multimedia functionality and power
management. Spreadtrum has developed its solutions based on
an open development platform, enabling its customers to
develop customized wireless products that are feature-rich
and meet their cost and time-to-market requirements.
Safe Harbor Statements:
This press release contains "forward-looking
statements" within the meaning of the "safe
harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Such forward-looking
statements include, without limitation, statements
regarding the potential benefits of the strategic
partnership formed between Spreadtrum and ZTE, the
cooperation in future projects designed to improve the
functionality of TD-SCDMA system and terminals and
introduce additional TD-SCDMA commercial products and the
timing and deployment of commercial products resulting from
such partnership. These statements are forward-looking in
nature and involve risks and uncertainties that may cause
actual achievements and market trends to differ materially
from those expressed or implied in these forward-looking
statements for a variety of reasons. Potential risks and
uncertainties include, but are not limited to, the ability
of Spreadtrum and ZTE to successfully carry out the
intended purpose of their strategic partnership and
cooperation efforts; continued competitive pressure in the
semiconductor industry and the effect of such pressure on
prices; unpredictable changes in technology and consumer
demand for mobile products; uncertainty regarding the
timing and pace of the commercial deployment of TD-SCDMA
products in China; Spreadtrum's ability to sustain its
development in TD-SCDMA baseband semiconductor; and the
state of and any change in Spreadtrum's relationships with
its major customers and partners, including ZTE. For
additional discussion of these risks and uncertainties and
other factors, please consider the information contained in
Spreadtrum's filings with the U.S. Securities and Exchange
Commission (the "SEC"), including the
registration statement on Form F-1 filed on June 26, 2007,
as amended, especially the sections under "Risk
Factors" and "Management's Discussion and
Analysis of Financial Condition and Results of
Operations," and such other documents that Spreadtrum
may file with the SEC from time to time, including on Form
6-K. Spreadtrum assumes no obligation to update any
forward-looking statements, which apply only as of the date
of this press release.
For more information, please contact:
William Shi
Spreadtrum Communications
Phone: +86-10-6270-2988 x217
Email: william.shi@spreadtrum.com
2007'09.02.Sun
Startech Environmental Sells Plasma Converter System for New Recycling Facility in the European Union
August 29, 2007
WILTON, Conn., Aug. 29 /Xinhua-PRNewswire/ -- Startech
Environmental Corporation (OTC Bulletin Board: STHK), a
fully reporting company, announced today that it has signed
the purchase contract and received a 10% cash down-payment
from Plasma Processing Technologies Ltd of England and
Wales (PPT) for its first purchase of a Plasma Converter
System(TM).
The 20,000 pound per day Plasma Converter System, the
first-of-its-kind for PPTs processing and recycling
facilities is scheduled for start-up in 2008.
Joseph F. Longo, president of Startech said, "We
are especially pleased by this sale to PPT because it will
be the first Plasma Converter System on the ground in
Europe, a very important market for Startech."
About Startech -- The Environment and Energy Company
Startech Environmental is an environment and energy
industry company engaged in the production and sale of its
innovative, proprietary plasma processing equipment known
as the Plasma Converter System(TM).
The Plasma Converter System safely and economically
destroys wastes, no matter how hazardous or lethal, and
turns most into useful and valuable products. In doing so,
the System protects the environment and helps to improve
the public health and safety. The System achieves
closed-loop elemental recycling to safely and irreversibly
destroy Municipal Solid Waste, organics and inorganics,
solids, liquids and gases, hazardous and non-hazardous
waste, industrial by-products and also items such as
"e-waste," medical waste, chemical industry waste
and other specialty wastes, while converting many of them
into useful commodity products that can include metals and
a synthesis-gas called Plasma Converted Gas (PCG)(TM).
Among the many commercial uses for PCG, is its use to
produce "green electrical power," Gas-To-Liquid
(GTL) fuels such as ethanol, synthetic diesel fuel and
other higher alcohol "alternative" fuels.
Hydrogen, for use and sale, can also be separated and
recovered from the PCG synthesis gas mixture.
The Startech Plasma Converter is essentially a
manufacturing system producing commodity products from
feedstocks that were previously regarded as wastes.
Startech regards all wastes, hazardous and
non-hazardous, as valuable renewable resources.
For further information, please visit
http://www.startech.net
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements,
including statements regarding the Company's plans and
expectations regarding the development and
commercialization of its Plasma Converter(TM) technology.
All forward-looking statements are subject to risk and
uncertainties that could cause actual results to differ
materially from those projected. Factors that could cause
such a difference include, without limitation, failure of
the customer to obtain appropriate financing for the
project, general risks associated with product development,
manufacturing, rapid technological change and competition as
well as other risks set forth in the Company's filings with
the Securities and Exchange Commission. The forward-looking
statements contained herein speak only as of the date of
this press release. The Company expressly disclaims any
obligation or undertaking to release publicly any updates
or revisions to any such statement to reflect any change in
the Company's expectations or any change in events,
conditions or circumstances on which any such statement is
based.
For more information, please contact:
Steve Landa,
Startech Environmental Corporation
Tel: +1-888-807-9443/ +1-203-762-2499 x7
Email: sales@startech.net
2007'09.02.Sun
AstraZeneca's Once-Daily SEROQUEL XR(TM) Extended-Release Tablets Approved in Netherlands for the Acute and Long Term Treatment of Schizophrenia
August 29, 2007
-- For International Medical Journalists Only --
LONDON, Aug. 29 /Xinhua-PRNewswire/ -- AstraZeneca
today announced the Netherlands regulatory authority MEB
(Medicines Evaluation Board) has approved SEROQUEL XR(TM)
(quetiapine fumarate) Extended-Release Tablets, a
once-daily medicine for the treatment of schizophrenia in
adult patients. With SEROQUEL XR(TM) patients can achieve a
dose within the recommended range as early as the second day
of treatment and the MEB approval also includes relapse
prevention in the long-term treatment of schizophrenia.
AstraZeneca will proceed with a Mutual Recognition
Procedure, seeking similar approvals across Europe.
SEROQUEL XR was approved for the treatment of schizophrenia
in the US in May 2007.
SEROQUEL XR has been developed with the aim of
improving dosing and titration options for patients and
their doctors as they face the challenge of achieving
successful treatment of schizophrenia. World Health
Organisation (WHO) statistics indicate that schizophrenia
affects about 24 million people worldwide. It subjects
people to social isolation, poor quality of life and
increased mortality -- it is a severe mental disorder,
characterized by profound disruptions in thinking,
affecting language, perception, and the sense of self. It
is estimated that SEROQUEL (original formulation
quetiapine) has been used to treat more than 19 million
patients worldwide since its launch in 1997.
The MEB approval was based on clinical trials of
SEROQUEL XR(TM) evaluating effectiveness and safety at
doses of 400, 600, and 800 mg/day, in acute treatment,
relapse prevention and also in a non-inferiority study of
acute efficacy and safety when switching from the original
formulation to SEROQUEL XR(TM).
The data from the clinical studies of SEROQUEL XR
reviewed by MEB have now been published. Professor Rene
Kahn, Professor and Chair of the Department of Psychiatry
and Head of the Division of Neuroscience at the University
Medical Center, Utrecht, said: "In clinical studies
SEROQUEL XR(TM) showed its potential as a once-daily
treatment for both acute and clinically stable
schizophrenia patients. In the clinical trials, the
effective dose range was reached within two days of
starting treatment -- the data demonstrated that range is
between 400 and 800 mg/day. In mental healthcare, striving
for treatment that is simpler and more practical is an
important objective for patients and doctors. The right
treatment enables patients to begin a path to recovery --
not only in mental and physical terms but in emotional and
social terms also."
Beyond schizophrenia, ongoing clinical studies of
SEROQUEL XR cover bipolar disorder, major depressive
disorder and generalized anxiety disorder. SEROQUEL(R)
(original formulation quetiapine) is the number one
prescribed atypical antipsychotic in the United States and
global sales for SEROQUEL(R) reached US$3.4 billion in
2006. It is licensed in 85 countries for the treatment of
schizophrenia, in 73 countries for the treatment of mania
associated with bipolar disorder, and in October 2006 it
was approved in the US by the FDA for the treatment of
bipolar depression.
AstraZeneca is a major international healthcare
business engaged in the research, development, manufacture
and marketing of prescription pharmaceuticals and the
supply of healthcare services. It is one of the world's
leading pharmaceutical companies with healthcare sales of
US$26.47 billion and leading positions in sales of
gastrointestinal, cardiovascular, neuroscience,
respiratory, oncology and infection products. AstraZeneca
is listed in the Dow Jones Sustainability Index (Global) as
well as the FTSE4Good Index.
SEROQUEL XR is a trademark of the AstraZeneca group of
companies.
For more information, please contact:
AstraZeneca
Medical Media Enquiries:
James Read
Tel: +1-302-885-9944
Sarah Winkless
Tel: +44-7771-757695
Business Media Enquiries:
Edel McCaffrey
Tel: +44-207-304-5034
Steve Brown
Tel: +44-207-304-5033
Investor Enquiries:
Mina Blair
Tel: +44-207-304-5084
Jonathan Hunt
Tel: +44-207-304-5087
Karl Hard
Tel: +44-207-304-5322
Ed Seage
Tel: +1-302-886-4065
Jorgen Winroth
Tel +1-212-579-0506
2007'09.02.Sun
IDENTEC SOLUTIONS Aggressively Pursues Asian Market
August 29, 2007
LUSTENAU, Austria and DALLAS, Aug. 29
/Xinhua-PRNewswire/ -- IDENTEC SOLUTIONS, the global leader
in wireless tracking and tracing solutions that includes
award-winning intelligent long-range active RFID
technology, announces the grand opening of its new Asia
regional office based in Hong Kong.
As part of IDENTEC SOLUTIONS strategic plan to maintain
its position as the global market leader in active RFID
solutions, a Hong Kong based facility will be opened on
August 29, 2007. The opening event will take place at the
newly renovated facility and will host key customers and
partners as well as selected local dignitaries.
"As of 2007, China has emerged as the world's
leading user of RFID, with East Asia consuming more RFID
products and systems than the rest of the world
combined," states Gerhard Schedler, IDENTEC SOLUTIONS,
President and CEO. "IDENTEC SOLUTIONS has long been an
important player in the Asian RFID market. The establishment
of a local presence supports our long term strategic
objective to effectively maintain our global leadership
position in active RFID."
Located in the prestigious ING Tower, the Hong Kong
based sales and customer service operations will allow
IDENTEC SOLUTIONS to better serve its current customers and
projects in the region, as well as provide a springboard for
further entry into this burgeoning market. Analysts have
predicted exponential market growth as Asia strives to
remain an export leader in the international marketplace.
Mr. Kenneth Lee, a highly respected international
business leader, has been appointed Managing Director,
IDENTEC SOLUTIONS Asia Limited. Mr. Lee's career in
management consulting and high technology industry spans
over three decades. He has held senior management positions
at IBM, Motorola, Sun Microsystems, Scient, IconMedia Lab
and HelloAsia. As one of the founding members of the IBM
Consulting Group in Asia Pacific, he helped build the IBM
Consulting business in Asia, from conception through to a
profitable business in a short three years. Mr. Lee's
efforts at IBM resulted in the strategic repositioning of
IBM from a product oriented organization to the current
service company it is today.
Commenting on his appointment, Kenneth Lee said,
"I am very excited to be given this opportunity. I am
confident that by combining my own experience with IDENTEC
SOLUTIONS innovative and reliable active RFID systems; we
can help our partners and customers to realize the benefits
of our solutions."
"Centralized operations in the Asian market will
enable IDENTEC SOLUTIONS to move closer to our customers as
well as satisfy the escalating demand for active RFID
solutions in this market," states Peter Linke,
Executive Vice-President Sales and Marketing.
"Understanding this market is absolutely necessary to
effectively meet our customers and partners needs as well
as improving response time to the unique requirements and
opportunities in the area."
About IDENTEC SOLUTIONS Asia Limited
IDENTEC SOLUTIONS Asia Limited is a 100% owned
subsidiary of IDENTEC
SOLUTIONS. The office is located at:
12/F, Unit 1202 ING Tower,
308-320 Des Voeux Road Central,
Hong Kong
Main: +85-22805-1815
About IDENTEC SOLUTIONS
Founded in 1997, IDENTEC SOLUTIONS is a global leader
in wireless tracking and tracing solutions that include
award-winning intelligent long-range active RFID
technology. IDENTEC SOLUTIONS' patented RFID technology and
products are utilized by some of the world's largest
companies to facilitate and better manage critical
processes or to help track valuable assets in a completely
reliable and secure manner. IDENTEC SOLUTIONS' Intelligent
Long Range active RFID System can identify, locate, track
and communicate with assets at a distance of up to 500
meters (1,500 feet) to deliver superior supply chain
real-time visibility in dynamic, demanding environments.
IDENTEC SOLUTIONS' expertise and experience is especially
used by systems integrators and end customers worldwide in
the automotive, transportation, logistics and aerospace and
defense industries. As a long-time industry player, IDENTEC
SOLUTIONS has provided asset management solutions and
support for a variety of organizations, including an
impressive roster of Fortune 500 clients such as
Volkswagen, Deutsche Post and General Electric and leading
systems integrators such as Intellion, Wtek, e-Plate and
Softworks. The privately-held technology company is
headquartered in Lustenau, Austria, with American
headquarters in Dallas, Texas, and other offices worldwide
supporting its customers. More information is available at
http://www.identecsolutions.com .
For more information, please contact:
Dawn Antle
Tel: +1-250-868-0270
Email: dawn@getnoticedmarketing.com
Katharina Kunz
IDENTEC SOLUTIONS Europe
Tel: +43-5577-87387-0
Email: k.kuenz@identecsolutions.at
2007'09.02.Sun
Synopsys and SMIC Jointly Address China Mobile TV Market with Low Power Design Solution
August 29, 2007
SHANGHAI, China, Aug 29 /Xinhua-PRNewswire/ --
Synopsys, Inc. (Nasdaq: SNPS), a world leader in
semiconductor design software, and Semiconductor
Manufacturing International Corporation ("SMIC",
NYSE: SMI and SEHK: 0981), one of the leading foundries in
the world, jointly announced today at IC China 2007 a
strategic alliance to develop a low power design solution
optimized for the mobile TV market in China, while also
providing key IP components.
(Logo:
http://www.xprn.com.cn/xprn/sa/200611101605-min.jpg )
The low power design solution based on 130nm and 90nm
fab processes will be designed to help resolve problems in
power design. In addition, the companies will provide key
IP required by mobile TV IC designers, including AD, DA,
PLL, USB, SATA and IEEE 1394.
"It's our great honour to form this strategic
alliance with SMIC to support Chinese chip manufacturers
and the development of the digital TV market. The
combination of SMIC's 130/90nm process, complete IP library
and design service team with Synopsys' powerful IP and
design platform will boost the current market," said
Chen Zhikuan, President and COO of Synopsys.
Their co-operation also calls for the provision of
industry leading design and counseling service to help
Chinese chip manufacturers take timely advantage of
opportunities in the mobile TV market.
As the Beijing 2008 Olympic Games are drawing near,
more fabless and design companies are targeting the digital
TV market, and the research and development of relevant
chips are advancing at an unprecedented speed. However,
there is currently no uniform standard in low power design,
IP access barrier and foundry access for local manufacturers
in the mobile TV market in China, making it tough when they
want to compete in the market.
"Synopsys has a leading technology advantage in IP
and low power design. I believe our cooperation will promote
the development of China's digital TV sector's standards and
marketplace," said Richard Chang, President and Chief
Executive Officer of SMIC.
About SMIC
Semiconductor Manufacturing International Corporation
("SMIC"; NYSE: SMI; SEHK: 981) is one of the
leading semiconductor foundries in the world and the
largest and most advanced foundry in Mainland China.
Headquartered in Shanghai, SMIC provides integrated circuit
manufacturing service at 0.35um to 90nm and finer line
technologies. SMIC has a 300mm wafer fabrication facility
(fab) under start-up and three 200mm wafer fabs in its
Shanghai mega-fab, two 300mm wafer fabs in its Beijing
mega-fab, a 200mm wafer fab in Tianjin, and an in-house
assembly and testing facility in Chengdu. SMIC also has
customer service and marketing offices in the U.S., Italy,
and Japan, and a representative office in Hong Kong. In
addition, SMIC manages and operates a 200mm wafer fab in
Chengdu owned by Cension Semiconductor Manufacturing
Corporation and a 300mm wafer fab (under construction) in
Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing
Corporation. For more information, please visit
http://www.smics.com .
About Synopsys
Synopsys, Inc. (Nasdaq: SNPS) is a world leader in
electronic design automation (EDA) software for
semiconductor design. The Company delivers
technology-leading system and semiconductor design and
verification platforms, IC manufacturing and yield
optimization solutions, semiconductor intellectual property
and design services to the global electronics market. These
solutions enable the development and production of complex
integrated circuits and electronic systems. Through its
comprehensive solutions, Synopsys addresses the key
challenges designers and manufacturers face today,
including power management, accelerated time to yield and
system-to-silicon verification. Synopsys is headquartered
in Mountain View, California, and has more than 60 offices
located throughout North America, Europe, Japan and Asia.
Visit Synopsys online at http://www.synopsys.com .
Since its entry into Chinese market in 1995, Synopsys
has followed the "mission" of "industry
promotion, client success and self-development" and
has been dedicated to accelerating the development of
China's IC design industry. To date, Synopsys has set up
offices in Beijing, Shanghai, Shenzhen and Hong Kong, as
well as R&D centers in Shanghai and Beijing, and a
technology support center in Shanghai. Synopsys not only
promotes EDA in China but also provides custom-tailor
solution and professional counseling service with value
creation as its direction. Visit Synopsys online at
http://www.synopsys.com .
Safe Harbor Statement
Information provided in this press release may contain
statements relating to current expectations, estimates,
forecasts and projections about future events that are
"forward-looking statements" as defined in the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements generally relate to the
company's plans, objectives and expectations for future
operations and are based upon management's current
estimates and projections of future results or trends.
Actual future results may differ materially from those
projected as a result of certain risks and uncertainties.
For a discussion of such risks and uncertainties, see
"Risk Factors" in the Company's Annual Report on
Form 20-F filed on April 2, 2007 with the U.S. Securities
and Exchange Commission. These forward-looking statements
are made only as of the date hereof, and we undertake no
obligation to update or revise the forward-looking
statements, whether as a result of new information, future
events or otherwise.
For more information, please contact:
SMIC
Reiko Chang
Corporate Relations
Tel: +86-21-5080-2000 x10544
Email: PR@smics.com
2007'09.02.Sun
Consumer Confidence Shows Broad-Based Drop in August as Rising Home Prices Weaken Future Expectations
August 29, 2007
SHANGHAI, China, Aug. 29 /Xinhua-PRNewswire/ -- Xinhua
Finance eziData China Consumer Confidence Index (CCCI) was
updated today, with the survey results showing a
broad-based decline in August, as rapidly rising home and
general prices weakened future expectations.
(Logo:
http://www.xprn.com.cn/xprn/sa/200611140926-min.gif )
The Xinhua Finance eziData China Consumer Confidence
Index fell 1.3 points to 100.7 in August, the lowest level
since the survey's baseline reading of 100 in April this
year.
Current conditions eased 0.5 point to 99.7 in August,
the third consecutive monthly decline. The relatively
slight decline in August came as an 11.4-point plunge in
sentiment on consumer prices was largely offset by the
recent positive performance of the stock market. Sentiment
on current personal finance remained unchanged, while
sentiment on whether it was a good time to buy higher-cost
durable goods like furniture and appliances declined.
Under the support of the Xinhua Finance family, Xinhua
Finance eziData China Consumer Confidence Index is produced
monthly by eziData, a local provider of China consumer data,
and in association with Dr. Richard Curtin. Dr. Curtin is
Research Professor and Director of the Consumer Sentiment
Surveys at the University of Michigan's Institute of Social
Research. The survey this month was conducted through 1,533
telephone interviews from August 2 to August 13. April 2007
survey results are set as the benchmark value of 100. More
on the survey methodology can be found in the accompanying
section.
Consumers' increasing desire to invest in the rising
stock market became more evident in August. The reduction
in the tax on bank deposit interest income helped somewhat
in curbing consumers' willingness to shift money from
savings to investment. However, the August survey showed an
increased willingness to reduce spending on daily expenses
and shift those funds into stock market investments. This
shift was a key reason for the decline in consumers'
willingness to purchase durable goods and cars during the
month.
Future expectations fell 1.7 points to 101.2 in August,
also the lowest level since the initial survey in April. The
decline was led by 3.5-point and 3.0-point drops in the
one-year and five-year outlooks for business conditions,
respectively, due to a continued sharp rise in home prices.
Expectations on personal finances remained relatively
stable, declining 0.3 point from July, though this was the
third fall in as many months.
Among income groups, the drop in overall confidence was
most pronounced among those making more than RMB 48,000 per
year. Their confidence dropped 1.8 points to 105.1, led by
a 2.3-point drop in the future outlook. Sentiment among
those earning less than RMB 48,000 per year inched down 0.6
point to 96.1. Sentiment on current conditions showed a
similar pattern of decline between the two income groups,
while the drop in the future outlook was less significant
for those making less than RMB 48,000 per year than for
those making more.
The confidence gain among the youngest group of
respondents (aged 20-34) seen in July was more than erased
by a 1.8-point drop in August due to growing concerns on
rising prices and the future outlook for business
conditions. The middle-aged (35-54), for similar reasons,
showed a 1.3-point decline in confidence in August.
Confidence among older consumers (aged 55-64) showed the
smallest decline in August, down 0.7 point, as concerns on
rising prices eased due to the recent government promise to
raise pension levels each of the next three years. The
confidence level for each of the three age groups was the
lowest level since May.
Regional Trends
Consumer sentiment declined in all regions of China in
August, due largely to a deterioration in the future
outlook, led by a drop in the southern part of East China.
Sentiment in the northern part of East China, including
Beijing, declined 1.3 points to 99.5, led by a 2.4-point
drop in future expectations to 98.5, the lowest level in
the five-month history of the survey. This was due to a
4.2-point dive in the one-year business outlook and a
7.3-point plunge in five-year business outlook, with both
declining for the second month in a row, especially in
five-year business outlook, which had fallen a cumulative
12.1 points in the last two months. The declines were due
to continued increases in home prices, which consumers
worry will impair long term business conditions in the
region. The outlook for personal finances in one year
improved by 1.8 points, probably due to optimism
surrounding the Olympic Games in Beijing next year. Current
conditions improved slightly by 0.7 point to reach 101.1,
probably due to rising stock market prices.
Sentiment in the central part of East China, including
Shanghai, inched down 0.7 point to 99.8 in August, with
current conditions remaining unchanged and future
expectations falling by 1.1 points after a 0.5-point drop
in July. The decline in expectations in August was led by a
fall in the business outlook among the higher-income
households making more than RMB 48,000 per year.
As the July optimism brought about by the 10th
anniversary of the return of Hong Kong faded, consumers in
the southern part of East China, including Guangzhou,
started to face reality in August, which caused a 2.3-point
decline in confidence to 100.8, only a bit over the baseline
of 100 in April. Current conditions eased by 1.4 points, led
by a fall among younger consumers (aged 20-34). Future
outlooks fell by 2.8 points, with sentiment declining in
all age groups. The fall was led by a plunge in the
one-year personal finance outlook among lower income
households, probably due to the change in the government
policy to discourage exports of low-value-added products,
which will likely have a major impact on the processing
industries concentrated in the region's Pearl River Delta.
In contrast, consumers in Middle & West China
showed the most optimistic attitude in August, though here,
too, sentiment declined. The slight drop in overall
confidence by 0.7 point can be interpreted as an adjustment
after the sharp 2.9-point jump in July, with the overall
confidence level of 102.4 being the highest among the four
regions in August. Current conditions eased by 1.0 point
while the future outlook inched down 0.5 point to 104.2,
still well above the average outlook level of 100.2 in East
China. Sentiment on the five-year business outlook eased
slightly but remained at 163.7, the highest among the four
regions. The catch-up development going on the region,
aided by a shift in production from East China in search of
lower costs, has contributed significantly to optimism among
consumers in this region, especially among the younger
generation (aged 20-34).
Trends in Major Cities
Consumers in Beijing were a little more confident in
August than in July, while their counterparts in Shanghai
and Guangzhou were less optimistic.
Sentiment among Beijing consumers rebounded a slight
0.2 point to 98.0 in August but remained below the levels
seen in the four months from April to June. Current
conditions rebounded by 3.4 points, ending the decline in
the previous two months. The future outlook, however,
dropped another 1.5 points after a 5.4-point plunge in
July, as sentiment continued to be driven by feelings about
the 2008 Olympics. With the stock market rising in August
and the Olympics coming closer, consumers in Beijing were
more optimistic about the outlook for their personal
finances in a year's time, with a clear 7.8-point jump from
July. However, the five-year outlook declined again, largely
due to growing concerns about post-Olympic economic
conditions, the "Post-Olympics Syndrome".
Sentiment among Shanghai consumers dropped for the
second month in a row in August, down 1.5 points to 96.7,
the lowest level since April as well as the lowest among
the major cities. The slight 0.2-point improvement in
current conditions did little to offset the 2.4-point drop
in the future outlook. The drop in expectations was led by
a 6.2-point plunge in the one-year business outlook and a
5.8-point drop in the five-year outlook, the latter showing
a cumulative 10-point fall in the last two months. Shanghai
consumers expressed increasing concerns that the continued
surge in housing prices seen in August might undermine the
economic potential of the area.
In Guangzhou, consumer confidence eased 2.2 points to
100.7 but remained above the level of 98.9 in June.
Sentiment on current conditions inched down 0.7 point,
while the future outlook fell by 3.1 points.
Apr. May Jun.
Jul. Aug.
2007 2007 2007
2007 2007
INDEX OF CONSUMER SENTIMENT
ALL CHINA 100 102.2 101.6
102.0 100.7
EAST CHINA 99.8 102 102.1
101.5 100.2
EAST CHINA: NORTH 100.2 101.1 102.1
100.8 99.5
EAST CHINA: CENTRAL 100 101.5 102.1
100.5 99.8
EAST CHINA: SOUTH 99.4 103.2 102
103.1 100.8
MIDDLE & WEST CHINA 100.6 102.8
100.2 103.1 102.4
INDEX OF CONSUMER SENTIMENT WITHIN INCOME SUBGROUPS
(ANNUAL HOUSEHOLD)
Under RMB 48,000 95.5 97.1 95.8
96.7 96.1
Over RMB 48,000 105.2 106 106.4
106.9 105.1
INDEX OF CONSUMER SENTIMENT WITHIN AGE SUBGROUPS
20-34 104.2 105.9 105.9
107.0 105.2
35-54 96.4 99.2 98.3
98.1 96.8
55-64 95.8 97.7 95.5
95.7 95.0
COMPONENTS OF THE INDEX OF CONSUMER SENTIMENT
Current Index 100 103.1 101.4
100.2 100.7
Expectations Index 100 101.7 101.6
102.9 99.7
Personal Finance: Current 123.8 129.2 126.8
122.2 101.2
Personal Finance: Expected 128.9 131.9 130.4
129.1 122.2
Business Condition: 1 Year 135.1 134.8 134.7
137.8 128.8
Business Condition: 5 Years 149 153.4 154.6
158.1 134.3
Durable Buying Conditions 103.4 105.1 103.4
105.5 155.0
104.3
INDEX OF SECTORS
Index of Stock Investment 100 99.8 100.1
101.0 105.9
Index of Real Estate 100 97.8 99.9
100.1 98.5
Index of Car Purchase 100 104.1 100.3
98.5 95.4
Selected Consumer Voices:
-- Prices are rising so fast. I went to the wet market
trying to buy
something. But eggs cost more than three yuan (per
500 g) and pork cost
thirteen (per 500 g). I couldn't afford that. So I
just went home.
-- Home prices are rising every day. I would predict a
more than 10% rise
in the latter half of the year. The more the
government controls, the
higher prices go.
-- I'd choose to invest nowadays. I'd keep investing
with the money I make.
Saving doesn't make sense.
-- Cars are still too expensive in China, plus
transportation conditions
are bad. In Beijing you go out and see traffic jams
everywhere. You are
better off taking a bus than driving your own car.
For more information about Xinhua Finance eziData China
Consumer Confidence Index or to subscribe to the full survey
report, please contact us via info@eziData.com.
Methodology
Xinhua Finance eziData China Consumer Confidence Index
is produced in association with Dr. Richard Curtin,
Research Professor and Director of the Consumer Sentiment
Surveys at the Institute of Social Research, University of
Michigan. The index is based on a monthly survey of around
1,500 Chinese households via stratified random sampling in
50 representative cities across East, Middle and West China
using the same methodology as is used by the University of
Michigan. All data is collected via computer assisted
telephone interviewing (CATI). Index of April 2007 survey
is set as the benchmark (100).
Notes to editors:
About Xinhua Finance Limited
Xinhua Finance Limited ("XFL") is China's
premier financial information and media service provider
and is listed on the Mothers Board of the Tokyo Stock
Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China's
financial markets and the world, Xinhua Finance's
proprietary content platform, comprising Indices, Ratings,
Financial News, and Investor Relations, serves financial
institutions, corporations and re-distributors worldwide.
Through its subsidiary Xinhua Finance Media Limited
(NASDAQ: XFML), XFL leverages its content across multiple
distribution channels in China including television, radio,
newspaper, magazine and outdoor media. Founded in November
1999, XFL is headquartered in Shanghai, with offices and
news bureaus spanning 11 countries worldwide.
For more information, please visit
http://www.xinhuafinance.com .
About eziData
eziData is a local provider of China consumer data,
serving both financial and consumer market participants. It
aims to serve global and local business professionals with
decision-making tools that relate to consumption in China
and conform to international standards. eziData's
comprehensive portfolio of high-quality consumer data
products, which includes a structured real-time databank,
delivers a broader and more insightful view of the market.
For more information, please visit http://www.eziData.com .
For further information, please contact:
Xinhua Finance(China):
Ms Joy Tsang
Tel: +86-21-6113-5999
Mobile: +86-136-2179-1577
Email: joy.tsang@xinhuafinance.com
Mr. Scott Zhang
Tel: +86-21-6113-5996
Email: scott.zhang@xinhuafinance.com
2007'09.02.Sun
Actions Partners with Muzgame.com Providing Brand Name Customers Integrated Audio and Video Content
August 29, 2007
ZHUHAI, China, Aug. 29 /Xinhua-PRNewswire/ -- Actions
Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's
leading fabless semiconductor companies that provides
comprehensive mixed-signal system-on-a-chip (SoC) solutions
for portable consumer electronics, today announced that the
Company has recently partnered with Muzgame.com to
integrate downloadable audio and video content for portable
multimedia players.
(Logo: http://www.xprn.com/xprn/sa/200704281514-min.jpg
)
Muzgame.com is a website that hosts video and audio
content, provided by users and through partnerships with
leading music record issuers, like EE Media the sponsor of
the very popular Chinese TV live show "Super
Boys".
In conjunction with this partnership Actions allied
with four brand name customers Unibit, Orange, Delux and
MAG Digital to joint promote a new music record of
"Super Boys" with Muzgame.com, and EE Media
throughout China. In addition to a traditional CD record
release, the new music will also be issued through MP3
players featuring Actions' chipset. Fans purchasing MP3
players at promotional events will also receive signatures
from "Super Boys" stars.
"Our partnership with Muzgame.com enables us to
delivering increasing value-add to our customers and
end-users, which we believe will benefit our chip sales in
the long-term," commented Mr. Nan-Horng Yeh, CEO of
Actions Semiconductor.
About Actions Semiconductor
Actions Semiconductor is one of China's leading fabless
semiconductor companies that provides mixed-signal and
multimedia SoC solutions for portable consumer electronics.
Actions Semiconductor products include SoCs, firmware,
software, solution development kits, as well as detailed
specifications of other required components and the
providers of those components. Actions Semiconductor also
provides total product and technology solutions that allow
customers to quickly introduce new portable consumer
electronics to the mass market in a cost effective way. The
company is headquartered in Zhuhai, China, with offices in
Beijing and Shenzhen. For more information, please visit
the Actions Semiconductor website at
http://www.actions-semi.com .
For more Information, please contact:
Lisa Laukkanen
The Blueshirt Group
Tel: +1-415-217-4967
Email: lisa@blueshirtgroup.com
Chung Hsu
Investor Relations at Actions
Tel: +86-756-3392-353 x1015
Email: chung@actions-semi.com
2007'09.02.Sun
The9 Limited Reports Second Quarter 2007 Unaudited Financial Results
August 29, 2007
SHANGHAI, China, Aug. 28 /Xinhua-PRNewswire/ -- The9
Limited (Nasdaq: NCTY) ("The9"), a leading online
game operator in China, announced today its unaudited
financial results for the second quarter ended June 30,
2007.
Second Quarter 2007 Financial Highlights:
-- Net revenues for the second quarter of 2007 remained
stable compared
to the previous quarter and increased 5%
year-over-year to RMB270.0
million (US$35.5 million).
-- Net revenues attributable to the operations of
subscription-based
game, which included revenues from game playing
time, merchandise and
installation package sales, decreased by 8%
quarter-over-quarter and
by 4% year-over-year to RMB246.2 million (US$32.3
million) in the
second quarter of 2007; net revenues attributable to
the operations of
item-sales based games, which included revenues from
in-game item
sales, value-added service charges, as well as
installation package
sales, were RMB16.3 million (US$2.1 million) in the
second quarter of
2007.
-- Net income for the second quarter of 2007 was
RMB50.6 million (US$6.6
million), a 23% decrease from RMB66.1 million
(US$8.7 million) in the
first quarter of 2007, and a 40% decrease from
RMB84.3 million
(US$11.1 million) in the second quarter of 2006.
-- EBITDA (non-GAAP) was RMB108.6 million (US$14.3
million) in the second
quarter of 2007, a quarter-over-quarter decrease of
8% from RMB117.7
million (US$15.5 million) in the first quarter of
2007, and a year-
over-year decrease of 13% from RMB124.7 million
(US$16.4 million) in
the second quarter of 2006.
-- Fully diluted earnings per share (one American
Depositary
Share "ADS" represents one ordinary share)
was RMB1.90 (US$0.25) for
the second quarter of 2007, compared with RMB2.65
(US$0.35) for the
first quarter of 2007, and RMB3.42 (US$0.45) for the
second quarter of
2006. Fully diluted EBITDA (non-GAAP) per share was
RMB4.07 (US$0.54)
for the second quarter of 2007, compared with
RMB4.72 (US$0.62) for
the first quarter of 2007 and RMB5.06 (US$0.66) for
the second quarter
of 2006.
Management Comments:
Commenting on the second quarter 2007 results, Jun Zhu,
Chairman and Chief Executive Officer of The9 said, "We
are pleased to report that The9 has achieved solid
financial results in the second quarter of 2007. As
communicated previously, for the long-term benefit and
growth of Blizzard Entertainment(R)'s World of
Warcraft(R)(*) in mainland China, the World of Warcraft
servers were temporarily shut-down on a rotational basis in
the second quarter to facilitate upgrades and mergers as
well as enhancing the related infrastructure support. This
process was carried out smoothly as planned. In spite of
this, with the commercialization of Soul of The Ultimate
Nation(TM) ("SUN") in mainland China in late May
2007, we were able to maintain our revenues at a stable
level compared to the previous quarter. In the second
quarter of 2007, we attained aggregate peak concurrent
users of approximately 930,000 for games that are currently
in commercial operation. As of June 30, 2007, we had over
22.4 million total registered users.
We are encouraged to see the gradual execution of our
diversification strategy in the second quarter as The9 has
successfully transited from one-game to multi-game
operations. We continued to expand and enhance our game
portfolio. Recently, we have obtained the exclusive
license to operate Field of Honor, a 3D massively
multiplayer online real-time strategy & shooting game,
in mainland China, and Audition, an advanced casual dancing
online game, in mainland China, Hong Kong, and Macau. We
believe The9 possesses one of the broadest spectrums of
online games with high quality content. Together with
The9's strong operational capabilities and focused
corporate strategy, we look forward to further capturing
players' attention with our diversified high quality game
portfolio in the rapidly evolving Chinese online game
market."
Hannah Lee, Senior Vice President and Chief Financial
Officer, commented, "The second quarter of 2007 was a
transitional quarter and we are overall satisfied with our
financial results. We believe the World of Warcraft server
upgrades and mergers and infrastructure enhancements are
important and will benefit the game in the long-run.
Subsequent to the upgraded servers and infrastructure and
the launch of a new server site, we worked with Blizzard
Entertainment to release the World of Warcraft "Before
the Storm" upgrade patch in late June and are seeing
satisfactory results. With the soon-to-be-launched
expansion pack, Blizzard Entertainment's World of Warcraft:
The Burning Crusade(TM), we believe World of Warcraft will
resume its strong growth momentum. Meanwhile, we are
pleased that our new game, SUN, has been commercialized in
the second quarter and that it is gradually ramping up
under the item-sales based model. Field of Honor and
Audition are strong additions to our game pipeline, and
together with all the other high-caliber games to be
launched in the future, we are confident that The9 will
continuously capitalize on its unparalleled game portfolio
so as to achieve long-term sustainable growth."
(*) World of Warcraft(R) and Blizzard Entertainment(R)
are trademarks
or registered trademarks of Blizzard Entertainment(R), Inc.
in the
U.S. and/or other countries.
Discussion of The9's Second Quarter 2007 Results
(Preliminary Unaudited)
Revenues
For the second quarter of 2007, The9 reported total
gross revenues of RMB284.6 million (US$37.4 million), which
remained stable compared to RMB284.7 million (US$37.4
million) in the first quarter of 2007 and represented a 5%
increase from RMB271.3 million (US$35.6 million) in the
second quarter of 2006. Total net revenues were RMB270.0
million (US$35.5 million), which remained stable compared
to the previous quarter and which represented a 5% increase
from RMB257.6 million (US$33.8 million) in the same period
of last year. Total revenues remained stable
quarter-over-quarter primarily because of the reduction of
revenue from Blizzard Entertainment's World of Warcraft
game relating to server upgrades and mergers was largely
offset by the additional revenues contributed from our
newly launched game SUN that we commercialized in mainland
China in late May 2007.
Net revenues attributable to the operations of our
subscription-based game, which included revenues from game
playing time, merchandise and installation package sales,
decreased by 8% quarter-over-quarter and by 4%
year-over-year to RMB246.2 million (US$32.3 million) in the
second quarter of 2007 mainly due to temporary shut-down of
the World of Warcraft servers on a rotational basis to
facilitate server upgrading and merging during the quarter.
Net revenues attributable to the operations of item-sales
based games, which included revenues from in-game item
sales, value-added service charges, as well as installation
package sales, were RMB16.3 million (US$2.1 million) in the
second quarter of 2007 mainly due to the commercialization
of SUN.
For the second quarter of 2007, online game services
gross revenues were RMB276.5 million (US$36.3 million),
representing a 2% decrease from RMB281.3 million (US$37.0
million) in the first quarter of 2007 and a 3% increase
from RMB269.3 million (US$35.4 million) in the second
quarter of 2006.
For the second quarter of 2007, gross revenues from
game operating support, website solutions and
advertisement, were RMB7.3 million (US$1.0 million),
representing an increase of 180% from the previous quarter
and 736% from the same period of last year. This increase
was mainly due to increased sporadic technical support and
consulting services provided in the quarter.
Other gross revenues mainly included sales of game
related merchandise and installation packages. Other gross
revenues were RMB0.8 million (US$0.1 million) in the first
and second quarters of 2007 and were RMB1.1 million (US$0.1
million) in the second quarter of 2006.
Gross Profit
Gross profit for the second quarter of 2007 decreased
by 12% quarter-over-quarter and 8% year-over-year to
RMB114.6 million (US$15.1 million). The sequential
decrease of gross profit was mainly because net revenues
remained stable while cost of services increased during the
quarter primarily due to the increased depreciation relating
to the upgraded servers and enhanced broadband
infrastructure costs incurred subsequent to the upgrades
and mergers of World of Warcraft servers during the quarter
and costs relating to SUN. As a result, gross profit margin
for the second quarter 2007 decreased to 42% from 48% in the
previous quarter and the same period of last year.
Operating Expenses
For the second quarter of 2007, operating expenses were
RMB74.5 million (US$9.8 million), representing a 28%
increase from RMB58.1 million (US$7.6 million) in the
previous quarter and a 38% increase from RMB54.1 million
(US$7.1 million) in the same period of last year. The
sequential increase in operating expenses was primarily due
to increased product development expenses relating to costs
for SUN and Guild Wars during their respective closed and
open beta testing phases, increased sales and marketing
expenses relating to SUN's open beta testing and commercial
launch, as well as increased general and administrative
expenses mainly due to increased headcount and higher
share-based compensation expenses recognized relating to
options granted in the second quarter of 2007.
Income from Operations
For the second quarter of 2007, profit from operations
was RMB40.1 million (US$5.3 million), decreased by 44%
quarter-over-quarter and 43% year-over-year. Operating
margin for the second quarter of 2007 was 15%, decreased
from 27% in the previous quarter and the same period of
last year. The decline of operating margin was a combined
result of increased cost of services and increased
operating expenses as mentioned above. Operating profit
margin, excluding share-based compensation expenses, was
18% for the second quarter of 2007, compared to 29% in the
first quarter of 2007 and 29% in the second quarter of
2006.
Other Income (Expenses)
Other income for the second quarter of 2007 was RMB4.1
million (US$0.5 million) compared to other expenses of
RMB0.9 million (US$0.1 million) in the first quarter of
2007 and other income of RMB10.8 million (US$1.4 million)
in the second quarter of 2006. The sequential difference
was primarily due to the net effect of receipt of a
financial subsidy of RMB11.8 million (US$1.5 million) from
the local government in the second quarter of 2007, partly
offset by the increase of foreign exchange loss of RMB6.7
million (US$0.9 million) relating to the U.S. dollars
denominated proceeds of approximately US$167 million
received from issuance of shares to Electronic Arts Inc. in
May 2007.
Income Tax Benefit (Expense)
Income tax expense for the second quarter of 2007 was
RMB1.1 million (US$0.1 million) compared to income tax
expenses of RMB8.1 million (US$1.1 million) in the first
quarter of 2007 and income tax benefit of RMB0.7 million
(US$0.1 million) in the second quarter of 2006. The
sequential decrease of income tax expense was primarily due
to the decrease of our effective tax rate and income before
tax.
Gain (Loss) on Equity Investments
For the second quarter of 2007, loss on equity
investments, net of taxes, amounted to RMB2.1 million
(US$0.3 million), compared to a loss of RMB1.5 million
(US$0.2 million) for the first quarter of 2007, and a gain
of RMB0.4 million (US$0.05 million) for the second quarter
of 2006. The sequential increase in loss on equity
investments was primarily due to the increase of loss
resulted from the joint venture which has the exclusive
right to operate a casual dancing game, Groove Party, in
mainland China, as costs were incurred relating to the
closed beta testing of the game.
Net Income
For the second quarter of 2007, net income was RMB50.6
million (US$6.6 million), which decreased by 23% from
RMB66.1 million (US$8.7 million) in the first quarter of
2007 and by 40% compared to RMB84.3 million (US$11.1
million) in the second quarter of 2006. The decrease in
net income was a result of the cumulative effect of the
foregoing factors.
In May 2007, we issued approximately 4.5 million new
shares, representing approximately 15% of the Company, to
Electronic Arts Inc. for roughly US$167 million. This is
the main reason for the increase of basic and diluted
weighted average shares outstanding quarter-over-quarter.
As of June 30, 2007, our total common shares and ADRs
issued and outstanding were 29.36 million, compared to
24.77 million as of March 31, 2007.
Fully diluted earnings per share and per ADS for the
second quarter of 2007 was RMB1.90 (US$0.25), compared to
RMB2.65 (US$0.35) in the first quarter of 2007 and RMB3.42
(US$0.45) in the second quarter of 2006.
EBITDA (non-GAAP) is defined as earnings before
depreciation of fixed assets, amortization of intangibles
and income tax expenses/benefits, as applicable. For the
second quarter of 2007, EBITDA (non-GAAP) was RMB108.6
million (US$14.3 million) compared to EBITDA (non-GAAP) of
RMB117.7 million (US$15.5 million) for the previous quarter
and RMB124.7 million (US$16.4 million) for the same period
of last year.
For the second quarter of 2007, fully diluted EBITDA
(non-GAAP) per share was RMB4.07 (US$0.54) compared to
RMB4.72 (US$0.62) for the first quarter of 2007 and RMB5.06
(US$0.66) in the second quarter of 2006.
As at June 30, 2007, the Company's total cash and cash
equivalents balance was RMB2.09 billion (US$274.2 million).
The increase in cash and cash equivalents from RMB859.6
million (US$112.9 million) as at March 31, 2007 was mainly
due to the combined result of cash receipt of approximately
US$167 million from Electronic Arts Inc. in connection with
its equity investment in The9, and receipts from sales of
prepaid game points, offset in part by capital expenditures
relating to Blizzard Entertainment's World of Warcraft for a
new server site and upgrades of existing server sites, as
well as prepaid royalty payments to the licensor relating
to World of Warcraft.
The conversion of Renminbi (RMB) into U.S. dollars
(US$) in this press release is based on the noon buying
rate in The City of New York for cable transfers in
Renminbi per U.S. dollar as certified for customs purposes
by the Federal Reserve Bank of New York as of June 29, 2007
(the last business day of second quarter of 2007), which was
RMB7.6120 to US$1.00. The percentages stated in this press
release are calculated based on the RMB amounts.
Non-GAAP Measure
To supplement the consolidated financial statements
presented in accordance with accounting principles
generally accepted in the United States ("GAAP"),
The9 uses the non-GAAP measure of EBITDA, which is adjusted
from the most directly comparable financial measures
calculated and presented in accordance with GAAP to exclude
certain expenses. The non-GAAP financial measure is
provided to enhance investors' overall understanding of the
Company's operating performance.
EBITDA (non-GAAP) is defined as earnings before
depreciation of fixed assets, amortization of intangibles
and income tax expenses/benefits, as applicable. The
Company believes its EBITDA provides useful information to
both management and investors as it excludes certain
expenses that are not expected to result in future cash
payments. The use of EBITDA has certain limitations.
Depreciation and amortization expense for various assets
and income tax expenses/benefits have been and will be
incurred and are not reflected in the presentation of
EBITDA. Each of these items should also be considered in
the overall evaluation of our results. EBITDA should not be
considered as a measure of our liquidity. We compensate for
these limitations by providing the relevant disclosure of
our depreciation and amortization, and income tax
expenses/benefits in our reconciliations to the GAAP
financial measure, which should be considered when
evaluating our performance. EBITDA is not defined under
GAAP, and our EBITDA is not a measure of net income,
operating income, operating performance or liquidity
presented in accordance with GAAP. When assessing our
operating performance, you should not consider this data in
isolation or as a substitute for our net income, operating
income or any other operating performance measure that is
calculated in accordance with GAAP. In addition, our
EBITDA may not be comparable to similarly titled measures
utilized by other companies since such other companies may
not calculate EBITDA in the same manner as we do. For more
information on this non-GAAP financial measure, please see
the tables captioned "Reconciliation of non-GAAP to
GAAP results" set forth at the end of this release.
Other Developments
On June 18, 2007, Beijing Beida Founder Electronics
Company filed a lawsuit in the Beijing High Court against
two other companies and two of our wholly-owned
subsidiaries, alleging that the defendants had, through a
game that we licensed and are operating, infringed on its
intellectual property rights with respect to certain of its
copyrighted fonts. The plaintiff in the case demanded,
among others, that the defendants cease such alleged
infringing use and pay RMB100 million for its alleged
losses. We intend to assert our rights in the court of
law. While the outcome of this litigation is uncertain, we
believe that this lawsuit, even if determined adversely
against us, would not have any material adverse effect on
our results of operations or financial condition.
Conference Call / Webcast Information
The9's management team will host a conference call on
Tuesday, August 28, 2007 at 9:00 PM, US Eastern Time,
corresponding to Wednesday, August 29, 2007 at 9:00 AM,
Beijing Time, to present an overview of The9's financial
performance and business operations.
Investors, analysts and other interested parties will
be able to access the live conference by calling
+1-617-597-5309, password "80789131." In the
U.S., members of the financial community may also
participate in the call by dialing toll-free
+1-866-713-8395, password "80789131." A replay
of the call will be available through September 4, 2007.
The dial-in details for the replay: U.S. toll free number
+1-888-286-8010, International dial-in number
+1-617-801-6888; Password "28013850."
The9 Limited will also provide a live webcast of the
earnings call. Participants in the webcast should log onto
the Company's web site http://www.corp.the9.com 15 minutes
prior to the call, then click on the icon for "The9
Limited Q2 2007 Earnings Conference Call" and follow
the instructions.
About The9 Limited
The9 Limited is a leading online game operator in
China. The9's business is primarily focused on operating
and developing high-quality games for the Chinese online
game players market. The9 directly or through affiliates
operates licensed MMORPGs, consisting of MU(R), Blizzard
Entertainment(R)'s World of Warcraft(R), Soul of The
Ultimate Nation(TM), and its first proprietary MMORPG,
Joyful Journey West(TM), in mainland China. It has also
obtained exclusive licenses to operate additional MMORPGs
and advanced casual games in mainland China, including
Granado Espada, Guild Wars, Hellgate: London, Ragnarok
Online 2, Emil Chronicle Online, Huxley(TM), FIFA Online,
Audition 2, Field of Honor and Audition. In addition, The9
is also working on the development of a 3D fantasy MMORPG
game, Fantastic Melody Online(TM).
Safe Harbor Statement
This announcement contains forward-looking statements.
These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements can be
identified by terminology such as "will,"
"expects," "anticipates,"
"future," "intends," "plans,"
"believes," "estimates" and similar
statements. Among other things, the business outlook and
quotations from management in this press release contain
forward-looking statements. The9 may also make written or
oral forward-looking statements in its periodic reports to
the U.S. Securities and Exchange Commission on Forms 20-F
and 6-K, etc., in its annual report to shareholders, in
press releases and other written materials and in oral
statements made by its officers, directors or employees to
third parties. Statements that are not historical facts,
including statements about The9's beliefs and expectations,
are forward-looking statements. Forward-looking statements
involve inherent risks and uncertainties. A number of
important factors could cause actual results to differ
materially from those contained in any forward-looking
statement. Potential risks and uncertainties include, but
are not limited to, The9's limited operating history as an
online game operator, political and economic policies of
the Chinese government, the laws and regulations governing
the online game industry, information disseminated over the
Internet and Internet content providers in China,
intensified government regulation of Internet cafes, The9's
ability to retain existing players and attract new players,
license, develop or acquire additional online games that
are appealing to users, anticipate and adapt to changing
consumer preferences and respond to competitive market
conditions, and other risks and uncertainties outlined in
The9's filings with the U.S. Securities and Exchange
Commission, including its annual reports on Form 20-F.
The9 does not undertake any obligation to update any
forward-looking statement, except as required under
applicable law.
THE9 LIMITED
CONSOLIDATED STATEMENTS OF INCOME
(Expressed in Renminbi - RMB and US Dollars - US$,
except share data)
Quarter Ended
June 30, March 31, June
30, June 30,
2006 2007
2007 2007
RMB RMB RMB
US$
(unaudited) (unaudited)
(unaudited) (unaudited)
Revenues:
Online game
services 269,297,417 281,304,681
276,501,327 36,324,399
Game operating
support,
website
solutions and
advertisement 877,805 2,623,071
7,339,827 964,244
Other revenues 1,118,881 769,488
780,444 102,528
271,294,103 284,697,240
284,621,598 37,391,171
Sales Taxes (13,678,907) (14,695,927)
(14,633,882) (1,922,475)
Net Revenues 257,615,196 270,001,313
269,987,716 35,468,696
Cost of Services (133,494,332) (139,741,064)
(155,380,871) (20,412,621)
Gross Profit 124,120,864 130,260,249
114,606,845 15,056,075
Operating
Expenses:
Product
development (8,949,190) (9,594,597)
(11,406,746) (1,498,522)
Sales and
marketing (18,866,530) (16,092,437)
(22,518,505) (2,958,290)
General and
administrative (26,331,381) (32,445,657)
(40,567,082) (5,329,359)
Total operating
expenses: (54,147,101) (58,132,691)
(74,492,333) (9,786,171)
Profit from
operations 69,973,763 72,127,558
40,114,512 5,269,904
Interest income,
net 2,424,839 4,408,329
9,515,538 1,250,071
Other income
(expenses), net 10,826,408 (873,104)
4,148,574 545,004
Income before
income tax
benefit (expense)
and gain (loss)
on equity
investments 83,225,010 75,662,783
53,778,624 7,064,979
Income tax benefit
(expense) 670,935 (8,073,294)
(1,102,507) (144,838)
Income before gain
(loss) on equity
investments 83,895,945 67,589,489
52,676,117 6,920,141
Gain (loss) on
equity
investments, net
of taxes 370,749 (1,504,470)
(2,064,807) (271,257)
Net income 84,266,694 66,085,019
50,611,310 6,648,884
Other
comprehensive
income:
Translation
adjustments (59,383) --
-- --
Comprehensive
Income 84,207,311 66,085,019
50,611,310 6,648,884
Earnings per share
- Basic 3.44 2.67
1.92 0.25
- Diluted 3.42 2.65
1.90 0.25
Weighted average
shares outstanding
- Basic 24,495,701 24,730,143
26,382,259 26,382,259
- Diluted 24,640,329 24,969,420
26,667,691 26,667,691
THE9 LIMITED
CONSOLIDATED BALANCE SHEETS
(Expressed in Renminbi - RMB and US Dollars - US$)
As at
December 31, 2006 June 30,
2007 June 30, 2007
RMB RMB
US$
(audited)
(unaudited) (unaudited)
Assets
Current Assets
Cash and cash equivalents 937,845,817
2,087,038,773 274,177,453
Accounts receivable 10,174,484
14,060,202 1,847,110
Advances to suppliers 9,036,620
13,906,012 1,826,854
Prepayments and other
current assets 69,153,131
85,065,070 11,175,127
Prepaid royalties 27,558,207
65,237,951 8,570,409
Deferred costs 33,324,942
38,222,018 5,021,285
Deferred tax assets, current --
19,277,045 2,532,455
Total current assets 1,087,093,201
2,322,807,071 305,150,693
Investments in equity
investees 30,117,605
36,548,329 4,801,410
Property, equipment and
software 227,512,006
400,404,029 52,601,685
Goodwill 30,199,751
30,199,751 3,967,387
Land use right --
84,680,120 11,124,556
Intangible assets 244,271,279
287,590,794 37,781,239
Prepayment for equipments --
14,000,000 1,839,201
Long-term deposit --
454,212 59,671
Deferred tax assets, non-
current 5,391,123
12,509,963 1,643,453
Total Assets 1,624,584,965
3,189,194,269 418,969,295
Liabilities and Shareholders'
Equity
Current Liabilities
Accounts payable 12,692,978
41,254,004 5,419,601
Due to related parties 332,797
141,451 18,583
Income tax payable --
62,107,206 8,159,118
Other taxes payable 23,589,754
15,158,755 1,991,429
Advances from customers 88,040,975
132,056,841 17,348,508
Deferred revenue 111,302,531
132,314,891 17,382,408
Other payables and accruals 52,467,643
64,838,583 8,517,942
Total current liabilities 288,426,678
447,871,731 58,837,589
Minority interests --
-- --
Commitments and contingencies --
-- --
Shareholders' Equity
Common shares (US$0.01 par
value; 24,688,038 shares
issued and outstanding as of
December 31, 2006,
29,361,773 shares issued and
outstanding as of June 30,
2007) 2,041,673
2,399,459 315,221
Additional paid-in capital 941,786,807
2,229,896,942 292,944,948
Statutory reserves 20,745,422
20,745,422 2,725,358
Retained earnings 371,584,385
488,280,715 64,146,179
Total shareholders' equity 1,336,158,287
2,741,322,538 360,131,706
Total liabilities and
shareholders' equity 1,624,584,965
3,189,194,269 418,969,295
THE9 LIMITED
RECONCILIATION OF NON-GAAP TO GAAP RESULTS
(Expressed in Renminbi - RMB and US Dollars - US$,
except share data)
Quarter Ended
June 30, March 31,
June 30, June 30,
2006 2007
2007 2007
RMB RMB
RMB US$
(unaudited) (unaudited)
(unaudited) (unaudited)
GAAP net income 84,266,694 66,085,019
50,611,310 6,648,884
Depreciation of
property, equipment
and software 17,947,284 23,124,444
35,040,340 4,603,303
Amortization of land
use right and
intangible assets 23,152,240 20,465,268
21,858,233 2,871,549
Income tax expense
(benefit) (670,935) 8,073,294
1,102,507 144,838
EBITDA (Non-GAAP) 124,695,283 117,748,025
108,612,390 14,268,574
GAAP earnings per share
- Basic 3.44 2.67
1.92 0.25
- Diluted 3.42 2.65
1.90 0.25
Non-GAAP EBITDA per
share
- Basic 5.09 4.76
4.12 0.54
- Diluted 5.06 4.72
4.07 0.54
Weighted average shares
outstanding
- Basic 24,495,701 24,730,143
26,382,259 26,382,259
- Diluted 24,640,329 24,969,420
26,667,691 26,667,691
For more information, please contact:
The9 Limited
Ms. Dahlia Wei
Senior Manager, Investor Relations
Tel: +86-21-5172-9990
Email: IR@corp.the9.com
Website: http://www.corp.the9.com
2007'09.02.Sun
Spreadtrum Announces New SC6600R Chip: A New Generation of Higher Performance Multimedia Baseband
August 29, 2007
SHANGHAI, China, Aug. 29 /Xinhua-PRNewswire/ -- To help
improve the multimedia performance of mobile handsets,
Spreadtrum Communications, Inc. (Nasdaq: SPRD), one of
China's leading wireless baseband chipset providers, today
announced the SC6600R GSM/GPRS mobile baseband chip. The
SC6600R is the latest in Spreadtrum's family of highly
integrated multimedia baseband solutions for the mobile
handset market.
Based on Spreadtrum's single chip technology, the
SC6600R integrates robust multimedia functions, including
support for a 2-megapixel digital camera and video camera,
CD quality music playback, stereo sound output, 30-fps high
speed MPEG4 playback, as well as Bluetooth interface.
Spreadtrum believes that mobile handset manufacturers and
design companies will find the SC6600R to be an effective
product in their efforts to penetrate the mainstream
market. Through Spreadtrum's investments in research and
development, the new SC6600R incorporates these new
functions in addition to the integrated features, strong
stability and low power consumption in Spreadtrum's other
chip solutions.
The mobile handset market demands more advanced
multimedia development, as the integration of cameras,
video recorders, video and music playback are no longer
"high end" functions but are rapidly evolving
into "must have" functions for the average
handset buyer. Further, consumers have become much more
discerning about the quality of the mobile phone's playback
quality, requiring more pleasing sound effects and clearer
pictures. To accommodate these increasing demands,
Spreadtrum developed the SC6600R and believes that with its
high quality multimedia functionalities, the SC6600R is well
positioned and timed to meet market performance requirements
and could help raise the popularity of multimedia phones in
the marketplace.
Spreadtrum began sampling the SC6600R chip in the third
quarter of this year. The chip is available in 257-ball
LFBGA package, low-power design, 3V for I/O£¬1.8V for core
and GPRS Multi-Slot Class 10.
About Spreadtrum:
Spreadtrum Communications, Inc. is a fabless
semiconductor company that designs, develops, and markets
baseband processor solutions for the mobile wireless
communications market. Spreadtrum combines its
semiconductor design expertise with its software
development capabilities to deliver highly-integrated
baseband processors with multimedia functionality and power
management. Spreadtrum has developed its solutions based on
an open development platform, enabling its customers to
develop customized wireless products that are feature-rich
and meet their cost and time-to-market requirements.
Safe Harbor Statements:
This press release contains "forward-looking
statements" within the meaning of the "safe
harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Such forward-looking
statements include, without limitation, statements
regarding the effectiveness of the SC6600R in helping
mobile handset manufacturers and design companies penetrate
the mainstream market and the SC6600R's ability to meet
market performance requirements and raising the popularity
of multimedia handsets in the marketplace. These statements
are forward-looking in nature and involve risks and
uncertainties that may cause actual achievements and market
trends to differ materially from those expressed or implied
in these forward-looking statements for a variety of
reasons. Potential risks and uncertainties include, but are
not limited to, the inability of the SC6600R to meet market
performance requirements or help handset manufacturers and
design companies in their efforts to penetrating the
mainstream markets; unpredictable changes in technology and
consumer demand for mobile handsets; and the state of and
any change in Spreadtrum's relationships with its major
customers. For additional discussion of these risks and
uncertainties and other factors, please consider the
information contained in Spreadtrum's filings with the U.S.
Securities and Exchange Commission (the "SEC"),
including the registration statement on Form F-1 filed on
June 26, 2007, as amended, especially the sections under
"Risk Factors" and "Management's Discussion
and Analysis of Financial Condition and Results of
Operations," and such other documents that Spreadtrum
may file with the SEC from time to time, including on Form
6-K. Spreadtrum assumes no obligation to update any
forward-looking statements, which apply only as of the date
of this press release.
For more information, please contact:
William Shi
Spreadtrum Communications
Tel: +86-10-6270-2988 x217
Email: william.shi@spreadtrum.com
2007'09.02.Sun
Spreadtrum Announces SC6600H: A New Mobile Baseband Chip for Enhanced CD Sound Quality
August 29, 2007
SHANGHAI, China, Aug. 29 /Xinhua-PRNewswire/ --
Spreadtrum Communications, Inc. (Nasdaq: SPRD), one of
China's leading wireless baseband chipset providers, today
announced its SC6600H, an enhanced GSM/GPRS multimedia
baseband chip optimized for the music mobile phone
combining high quality music playback functions with CD
sound quality.
Consumers demand rich multimedia functions from their
mobile phones, and high-fidelity music playback is no
longer just a "high end" option, but has become a
"must have" feature for the mainstream phone user,
too. Consequently, consumers have become increasingly
critical about the quality of their phone's music playback
as well. Yet the sound effects produced by many current
mobile phones, especially entry-level models, have not met
even basic MP3 quality levels. Utilizing advanced audio
processing technologies, the SC6600H enables mobile phones
to become music players that produce CD-quality stereo
sound.
The SC6600H is primarily targeted at solutions for the
music-oriented mobile phone market, emphasizing better
sound quality and optimizing functions£¬ such as supporting
half rate (HR), full rate (FR), enhanced full rate (EFR) and
adaptive multi-rate (AMR) voice codec. At the same time,
SC6600H also supports features such as GPRS multi-slot
Class 10£¬voice recording, Bluetooth interface, and more.
Further, the SC6600H is designed to provide high
reliability, in addition to its integrated features, strong
stability and low power consumption. Since the SC6600H
enables mobile phone manufacturers and design houses to
create handsets with high quality sound effects at a low
cost, Spreadtrum believes it is an ideal choice for
"entry level" phone models.
Commenting on the announcement, Dr. Ping Wu, President
and CEO of Spreadtrum, said, "With this introduction,
we are raising the standard for entry level mobile phones
and making it possible for mainstream consumers to enjoy
music with CD sound quality on their mobile phones. This
illustrates what Spreadtrum's chip design efforts endeavor
to accomplish--help enhance the bliss of consumer
experience through high tech innovation."
Spreadtrum began sampling the SC6600H chip in the third
quarter of this year. The chip is available in a 240-ball
LFBGA package, low-power design, 3V for I/O and 1.8V for
core.
About Spreadtrum:
Spreadtrum Communications, Inc. is a fabless
semiconductor company that designs, develops, and markets
baseband processor solutions for the mobile wireless
communications market. Spreadtrum combines its
semiconductor design expertise with its software
development capabilities to deliver highly-integrated
baseband processors with multimedia functionality and power
management. Spreadtrum has developed its solutions based on
an open development platform, enabling its customers to
develop customized wireless products that are feature-rich
and meet their cost and time-to-market requirements.
Safe Harbor Statements:
This press release contains "forward-looking
statements" within the meaning of the "safe
harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Such forward-looking
statements include, without limitation, statements
regarding handset manufacturers and design houses ability
to use the SC6600H in creating handsets with high quality
sound effects at a low cost and Spreadtrum's belief that
the SC6600H is an ideal choice for entry level phone
models. These statements are forward-looking in nature and
involve risks and uncertainties that may cause actual
achievements and market trends to differ materially from
those expressed or implied in these forward-looking
statements for a variety of reasons. Potential risks and
uncertainties include, but are not limited to, continued
competitive pressure in the semiconductor industry and the
effect of such pressure on prices; unpredictable changes in
technology and consumer demand for mobile handsets;
uncertainty regarding the timing and pace of adoption of
the SC6600H baseband by Spreadtrum's customers; and the
state of and any change in Spreadtrum's relationships with
its major customers. For additional discussion of these
risks and uncertainties and other factors, please consider
the information contained in Spreadtrum's filings with the
U.S. Securities and Exchange Commission (the
"SEC"), including the registration statement on
Form F-1 filed on June 26, 2007, as amended, especially the
sections under "Risk Factors" and
"Management's Discussion and Analysis of Financial
Condition and Results of Operations," and such other
documents that Spreadtrum may file with the SEC from time
to time, including on Form 6-K. Spreadtrum assumes no
obligation to update any forward-looking statements, which
apply only as of the date of this press release.
For more information, please contact:
William Shi,
Spreadtrum Communications
Tel: +86-10-6270-2988 x217
Email: william.shi@spreadtrum.com
2007'09.02.Sun
Thomson Scientific Launches the New Face of Research
August 29, 2007
New ISI Web of Knowledge Offers User-Friendly Scholarly
Research
PHILADELPHIA and LONDON, Aug. 28
/Xinhua-PRNewswire-FirstCall/ -- Thomson Scientific, part
of The Thomson Corporation (NYSE: TOC; TSX: TOC) and
leading provider of information solutions to the worldwide
research and business communities, today announced the
launch of the redesigned ISI Web of Knowledge platform. The
user-focused design introduces a unique approach to
searching, discovering and organizing premier scholarly
research. ISI Web of Knowledge provides users the ability
to search the right content and find relevant information
-- whether that information is found in international
journals, open access resources, books, patents,
proceedings or Web sites.
ISI Web of Knowledge is an integrated, Web-based
platform that supports all levels of scientific and
scholarly research within academic, corporate, government
or not-for-profit environments.
"The redesigned ISI Web of Knowledge introduces an
entirely new approach to finding, analyzing and sharing
information," said Jim Pringle, Thomson Scientific's
Vice President of Product Development. "Our new layout
is easy for novice users to navigate, while providing the
powerful capabilities that veteran users have come to rely
on."
Some highlights of the new ISI Web of Knowledge are:
-- Redesigned layout makes searching intuitive for
novice users, yet
offers advanced searching options seasoned
researchers rely upon.
-- "All Databases" search enables simple
one-click searching across
multiple Web of Knowledge resources.
-- A unique approach to search refinement allows users
to focus results
by subject area, document type, author, language,
and other qualifiers
across diverse content sets.
-- Individual records clearly highlight citation
results and related
records to support interactive and serendipitous
discovery.
ISI Web of Knowledge is home to many of Thomson
Scientific's most prominent offerings: Web of Science --
the leading information resource for information
professionals and researchers worldwide, now home to more
than a century of the most influential research; Essential
Science Indicators -- a resource that ranks the performance
of scientists, journals, institutions and countries across
22 fields; Journal Citation Reports -- with its pioneering
"Impact Factor," JCR has set the standard in
providing a systematic, objective way to evaluate,
categorize and compare the world's leading scholarly
journals; and now EndNote Web, a new bibliographic
management tool that provides users with easy online access
and storage for their references, and the ability to
instantly format bibliographies in their word processors.
For more information about The New Face of Research,
visit http://www.isiwebofknowledge.com.
About The Thomson Corporation
The Thomson Corporation (http://www.thomson.com) is a
global leader in providing essential electronic workflow
solutions to business and professional customers. With
operational headquarters in Stamford, Conn., Thomson
provides value-added information, software tools and
applications to professionals in the fields of law, tax,
accounting, financial services, scientific research and
healthcare. The Corporation's common shares are listed on
the New York and Toronto stock exchanges (NYSE: TOC; TSX:
TOC).
Thomson Scientific is a business of The Thomson
Corporation. Its information solutions assist
professionals at every stage of research and
development-from discovery to analysis to product
development and distribution. Thomson Scientific
information solutions can be found at
http://scientific.thomson.com.
For more information, please contact:
Sue Besaw of Thomson Scientific
Phone: +1-215-823-1840
Email: susan.besaw@thomson.com
Website: http://www.isiwebofknowledge.com
http://www.scientific.thomson.com
http://www.thomson.com
2007'09.02.Sun
China Security & Surveillance Technology, Inc. to Present at the Roth Capital Partners New York Conference
August 29, 2007
NEW YORK, Aug. 28 /Xinhua-PRNewswire/ -- China Security
& Surveillance Technology, Inc. (OTC Bulletin Board:
CSCT), a leading provider of digital surveillance
technology in China, today announced that the Company will
present at the Roth Capital Partners New York Conference on
September 5, 2007 at The Westin New York at Times Square,
New York City.
The presentation for the Roth Capital Conference is
scheduled for September 5, 2007 at 8:30 am ET. Listeners
may access a live webcast of the presentation by visiting:
http://www.wsw.com/webcast/roth13/csstf/ .
About China Security & Surveillance Technology,
Inc.
Based in Shenzhen, China, China Security manufactures,
distributes, installs and maintains security and
surveillance systems throughout China. China Security has a
manufacturing facility in Shenzhen and a R&D facility
which maintains an exclusive collaboration agreement with
Beijing University. China Security has built a diversified
customer base through its extensive sales and service
network throughout China. To learn more about the Company
visit http://www.csstf.com .
Safe Harbor Statement
Statements during the conference presentation may
include information about the Company's plans, growth and
strategies, which may include `forward- looking statements'
within the context of the federal securities laws.
Statements regarding the Company's future events,
developments and future performance, as well as
management's expectations, beliefs, plans, estimates or
projections relating to the future, are forward-looking
statements within the meaning of these laws. The Company's
actual results may differ materially from those suggested
as a result of various factors. Interested parties should
refer to the disclosure concerning the operational and
business concerns of the Company set forth in the Company's
filings with the Securities and Exchange Commission.
For more information, please contact:
Company Contact:
Terence Yap
Tel: +1-646-713-4888
Email: terence.yap@csst.com
Investor Contact:
ICR: Bill Zima & Ashley Ammon MacFarlane
Tel: +1-203-682-8200
2007'09.02.Sun
|
|
|
2007'09.02.Sun
|
|
|
2007'09.02.Sun
|
|
|
2007'09.02.Sun
|
|
|
2007'09.02.Sun
|
|
|
2007'09.02.Sun
|
|
|
2007'09.02.Sun
|
|
|
2007'09.02.Sun
|
|
|
2007'09.02.Sun
|
|
|
2007'09.02.Sun
海鮮おまかせ便では、２００７年９月１日に日本海の底引き網漁の解禁を記念し、「日本海の幻の２枚貝」と呼ばれる“満珠貝（まんじゅがい）”を抽選で１名様にプレゼント。
本文：
海鮮おまかせ便
２００７年 日本海の底引き網漁・解禁記念キャンペーン
～日本海の“幻の２枚貝 満珠貝（まんじゅがい）”を抽選でプレゼント～
２００７年８月３０日（木）
産地直送・本格派！海鮮ネットショップ
海鮮おまかせ便 代表 加藤秀樹
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
海鮮おまかせ便では、２００７年９月１日に日本海の底引き網漁の解禁を記念し、
「日本海の幻の２枚貝」と呼ばれる“満珠貝（まんじゅがい）”を抽選で１名様
にプレゼント。市場にはあまり出回らない貴重な日本海の満珠貝（まんじゅがい）
を、金沢市近江町市場からお届け。
★プレゼント商品
商品 ：満珠貝（まんじゅがい） １セット（約１０個入り）
当選者：１名様
期間 ：２００７年８月３１日（金）～２００７年９月１２日（水）
発表 ：９月１３日（木） サイト上で発表
発送 ：メール連絡確認後発送
海鮮おまかせ便
http://www.kaisen-omakasebin.jp
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
■「海鮮おまかせ便」とは
金沢市近江町市場や下関市唐戸市場等人気の卸売市場から獲れたての“海の幸”
をお届けする産地直送の本格派！海鮮WEBショップです。
金沢市近江町市場からは、熟練の蟹名人が秘伝の技術で茹で上げたずわい蟹と甘
えびを中心に日本海をまるごとパック。蟹は冷凍ものは一切扱わないので美味し
さが違います。贈答用はもちろん、バーベキューやパーティなどにオススメです。
開けてびっくり、食べて満足の「海鮮おまかせ便」を自信を持ってお届けします。
丹後半島たいざ漁港からは、幻の蟹“たいざ蟹”を仲卸業者からの直送です。
下関市唐戸市場からは、超人気のとらふくセットのみならず、天然まふぐや関門
たこ等旬の美味しい海鮮もお届けします。南風泊市場の仲卸業者から直送です。
瀬戸内の広島牡蠣は、広島県江田島産の極上牡蠣を生産者からの直送です。
“牡蠣いかだ共同オーナー”の募集も開始しました。
■問い合わせ先
海鮮おまかせ便
代表者 加藤秀樹
Tel 082-294-3618
e-mail umai@kaisen-omakasebin.jp
URL:http://www.kaisen-omakasebin.jp
〒730-0845
広島市中区舟入川口町21-7エフォートシステムビル3F
本文：
海鮮おまかせ便
２００７年 日本海の底引き網漁・解禁記念キャンペーン
～日本海の“幻の２枚貝 満珠貝（まんじゅがい）”を抽選でプレゼント～
２００７年８月３０日（木）
産地直送・本格派！海鮮ネットショップ
海鮮おまかせ便 代表 加藤秀樹
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
海鮮おまかせ便では、２００７年９月１日に日本海の底引き網漁の解禁を記念し、
「日本海の幻の２枚貝」と呼ばれる“満珠貝（まんじゅがい）”を抽選で１名様
にプレゼント。市場にはあまり出回らない貴重な日本海の満珠貝（まんじゅがい）
を、金沢市近江町市場からお届け。
★プレゼント商品
商品 ：満珠貝（まんじゅがい） １セット（約１０個入り）
当選者：１名様
期間 ：２００７年８月３１日（金）～２００７年９月１２日（水）
発表 ：９月１３日（木） サイト上で発表
発送 ：メール連絡確認後発送
海鮮おまかせ便
http://www.kaisen-omakasebin.jp
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
■「海鮮おまかせ便」とは
金沢市近江町市場や下関市唐戸市場等人気の卸売市場から獲れたての“海の幸”
をお届けする産地直送の本格派！海鮮WEBショップです。
金沢市近江町市場からは、熟練の蟹名人が秘伝の技術で茹で上げたずわい蟹と甘
えびを中心に日本海をまるごとパック。蟹は冷凍ものは一切扱わないので美味し
さが違います。贈答用はもちろん、バーベキューやパーティなどにオススメです。
開けてびっくり、食べて満足の「海鮮おまかせ便」を自信を持ってお届けします。
丹後半島たいざ漁港からは、幻の蟹“たいざ蟹”を仲卸業者からの直送です。
下関市唐戸市場からは、超人気のとらふくセットのみならず、天然まふぐや関門
たこ等旬の美味しい海鮮もお届けします。南風泊市場の仲卸業者から直送です。
瀬戸内の広島牡蠣は、広島県江田島産の極上牡蠣を生産者からの直送です。
“牡蠣いかだ共同オーナー”の募集も開始しました。
■問い合わせ先
海鮮おまかせ便
代表者 加藤秀樹
Tel 082-294-3618
e-mail umai@kaisen-omakasebin.jp
URL:http://www.kaisen-omakasebin.jp
〒730-0845
広島市中区舟入川口町21-7エフォートシステムビル3F
広告
ブログ内検索
アーカイブ
カウンター