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Highlights Include 40-Percent Revenue Growth and Largest Deal in Company History

ME Newswire / Business Wire

LAS VEGAS - Wednesday, October 23rd 2013

Rimini Street, Inc., the leading independent provider of enterprise software support for SAP AG’s (NYSE:SAP) Business Suite and BusinessObjects software and Oracle Corporation’s (NYSE:ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Hyperion and Oracle Retail software, today announced results for its fiscal third quarter ended September 30, 2013. Highlights of the Company’s third quarter results include quarterly revenue growth of 40 percent on a year-over-year basis, the closing of the largest deal in Company history, and record highs in revenue and deferred revenue.

Q3 Results Demonstrate Continued Strong Demand for Rimini Street Services

Rimini Street recorded $15.8 million in recognized revenue in the third quarter, a 40-percent increase on a year-over-year basis, and achieve ... Read more »
Views: 230 | Added by: uaeonlinenews | Date: 10.26.2013

Complete reference for selecting fluid dispensing equipment for automotive applications

EAST PROVIDENCE, R.I - Wednesday, October 23rd 2013 [ME NewsWire]

The ASSEMBLY Show 2013

(BUSINESS WIRE) Nordson EFD, a Nordson company (NASDAQ: NDSN), the world’s leading precision fluid dispensing systems manufacturer, has released a new guide to dispensing fluids for automotive applications: Recommendations for High Performance Dispensing in the Automotive Industry. The 13-page guide is packed with helpful information about how to maximize the use of precision dispensing equipment. The document provides samples of automotive applications, describes how customers can benefit from precision dispensing, and gives a detailed explanation of the types of dispensing equipment recommended for each application.

Automotive manufacturers are using more adhesives, sealants, oils, and coatings than ever before. Precision is critical as many of these deposits seal components from e ... Read more »
Views: 230 | Added by: africa-live | Date: 10.26.2013

ME NewsWire / Business Wire

AMHERST, N.Y - Tuesday, October 22nd 2013

Allied Motion Technologies Inc. (NASDAQ: AMOT) announced today that, effective Friday, October 18, 2013, it completed the acquisition of Globe Motors, Inc. from Safran USA, Inc., on a cash free, debt free basis, for approximately $90 million in cash.

Founded in 1940, Globe Motors employs more than 500 employees worldwide and is headquartered in Dayton, Ohio with additional operations in Dothan, Alabama, Reynosa, Mexico and Oporto, Portugal. Globe Motors has a well-established and strong industry reputation as a high quality provider of customized and innovative motion solutions to meet the needs of its customers in selected target market segments. Globe Motors recorded revenues of approximately $106 million for the year ended December 31, 2012 and approximately $114 million for the trailing twelve month period ended September 30, 2013. Allied Motion expects to provide unaudited pro-forma earning ... Read more »
Views: 207 | Added by: uaeonlinenews | Date: 10.26.2013

Demonstrating a Commitment to Continuous Improvement

RESEARCH TRIANGLE PARK, N.C - Wednesday, October 23rd 2013 [ME NewsWire]

(BUSINESS WIRE) After receiving nine individual Great Place to Work® awards in 2013, Quintiles has again been recognized as one of the World’s Best Multinational Workplaces by Great Place to Work®, ranking 18th on the 2013 list.

This ranking is the world’s largest annual study of workplace excellence and identifies the top-25 best multinationals in terms of workplace culture. Quintiles has been named to the Best Multinational Workplace list in each of the ranking’s three years of existence.

Qualifying companies must have been selected for at least five national Great Place to Work lists, have at least 5,000 employees worldwide and count at least 40 percent of their global workforce outside of the company’s home country. Quintiles received individual Great Place to Work awards in 2013 for its operations in Canada, Germany, Ire ... Read more »
Views: 222 | Added by: uaeonlinenews | Date: 10.26.2013

LUXEMBOURG - Thursday, October 24th 2013 [ME NewsWire]

(BUSINESS WIRE)-- SES (NYSE Paris:SESG) (LuxX:SESG) announced OmniAccess, a leading VSAT service provider and network integrator in the luxury superyacht market, has signed a new Ku-band capacity deal on SES’ NSS-12 satellite to provide high-speed internet connectivity to superyachts in the Mediterranean, Black, Caspian and Arabian Seas.

OmniAccess will utilise the capacity located at 57 degrees East to keep their customers connected anytime via the data, VOIP, video conferencing services that they offer.

"As the superyacht industry continues to boom, we are delighted that OmniAccess has chosen SES to provide satellite capacity to meet their escalating demands for maritime broadband services worldwide,” said Simon Gatty Saunt, Vice President of Data & Mobility services at SES. "The NSS-12 satellite’s comprehensive coverage over The Gulf and the Mediterranean and Arabian Seas is ideal, as it enables OmniAcce ... Read more »
Views: 238 | Added by: uaeonlinenews | Date: 10.26.2013 | Comments (0)

By 2015, India to Have 1,000 Restaurants in More Than 100 Cities - Yum! and Franchise Partners Plan to Invest $10 Billion in Emerging Markets by 2020

LOUISVILLE, Ky. & GOA, India - Wednesday, October 23rd 2013 [ME NewsWire]

(BUSINESS WIRE)-- Yum! Brands (NYSE: YUM), the world’s leading restaurant company, announced the opening of its 40,000th restaurant, a flagship KFC store in Goa, India, to spotlight the Company’s emerging market leadership and growth. By 2015, India is expected to have $1 Billion in system sales, which includes company and franchise restaurants. By then, the restaurant company will have over 1,000 KFC, Pizza Hut and Taco Bell outlets in more than 100 cities.

Yum! Brands is the worldwide leader in emerging markets with a two-to-one advantage over the nearest competition. The Company is also a leader in international development opening more than five new restaurants per day outside the U.S. with plans to open a record 1,450 new restaurants i ... Read more »
Views: 208 | Added by: uaeonlinenews | Date: 10.26.2013

ME NewsWire / Business Wire

LONDON - Tuesday, October 22nd 2013

Using GUEST FOR HOME, don't suffer the crisis: you are the cure! Let the world introduce you himself to his best experiences: connect, travel… and earn!

Conceived and funded by a french entrepreneur and technologically developed in India, GUEST FOR HOME makes the bet of the human wealth as a remedy against the economic crisis.

Usable by future users around ten major languages, this website is designed to facilitate the development of all initiatives related to the collaborative economy concerning the travels, and this in an initial presence of 40 countries, on every continent at the same time on the day of its launch, through a network of local ambassadors chosen for their energy and knowledge of territories.

Whether it is to give cooking classes against the discovery of a foreign culture homestays, receive small DIY works paying part of the housing, or swap home for cheaper holidays, re ... Read more »
Views: 246 | Added by: uaeonlinenews | Date: 10.26.2013

ME Newswire / Businesswire

ENFIELD, Conn - Monday, October 21st 2013

Eppendorf is proud to announce they have received Connecticut State approval to conduct Biosafety Level 2 (BL2) infectious disease related research. This greatly expands the capabilities of the Eppendorf Research and Development Laboratory located at their Enfield facility, and enhances research plans and activities for customers. "We plan to further our research in stem cell bioprocess to include induced pluripotent stem cells (IPSCs)” stated Dr. Ma Sha, Director, Technical Applications. "We are also actively seeking industry or industry/academia collaborations in the stem cell bioprocess area.”

The method involved in making the IPSC uses viruses to transfer reprogramming genes into regular cells, thus turning these cells into stem cells. These stem cells can then be used in clinical research for the treatment of disease or injury. There are hundreds of clinical trials using such cells listed at ... Read more »
Views: 240 | Added by: africa-live | Date: 10.26.2013