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DENVER. - Saturday, December 20th 2014 [ME NewsWire]

(BUSINESS WIRE) Johns Manville (JM) and Preiss-Daimler (PD) announced today that a Preiss-Daimler group company will acquire Johns Manville’s Glass Textiles business in Sweden. The business is a leading supplier of superior glass wallcoverings in the European markets, including woven as well as nonwoven products.

“This high-quality business fits perfectly with our growth strategy and we look forward to welcoming the JM Glass Textiles team to the Preiss-Daimler family,” said Jürgen Preiss-Daimler, founder and owner of Preiss-Daimler. “Customers can expect continued stable supply from Sweden with innovative products, strong brands and sales and marketing support in the different markets.”

Enno Henze, Senior Vice President of JM’s Engineered Products business, said the Glass Textiles business and its employees have made significant contributions to JM over the years.

... Read more »

BOUDRY, Switzerland. - Friday, December 19th 2014 [ME NewsWire]

(BUSINESS WIRE) Celgene International Sàrl, a wholly owned subsidiary of Celgene Corporation (NASDAQ: CELG), today announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has adopted a positive opinion for continuous oral treatment with REVLIMID® in adult patients with previously untreated multiple myeloma who are not eligible for stem cell transplantation.

The CHMP reviews applications for all 28 member states in the European Union (EU), as well as Norway, Liechtenstein and Iceland. The European Commission, which generally follows the recommendation of the CHMP, is expected to make its final decision in approximately two months. If approval is granted, detailed conditions for the use of this product will be described in the Summary of Product Characteristics (SmPC), which will be published in the revised European Public Assessment Report (EPAR). ... Read more »

Under the Slogan “Khalifa Our Pride”

Abu Dhabi, United Arab Emirates - Tuesday, December 16th 2014 [ME NewsWire]

The (999) Magazine, the Ministry of Interior’s cultural, social, and security magazine, hosted a ceremony to mark the issuance of its 43rd National Day special edition. The ceremony was held at the Emirates Palace Hotel under the slogan “Khalifa Our Pride”, which celebrates the march of progress and development witnessed by the UAE in various aspects of life.

The ceremony was attended by Major General Nasser Lakhrebani Al Nuaimi, Secretary General of the Office of H.H Deputy Prime Minister and Minister of Interior and sponsor of the event; Major General Khalil Dawood Badran, Director General of Finance and Services and Chairman of 999 Magazine Development Committee; and Lt. Colonel Awadh Saleh Al Kendi, Editor in Chief of 999 Magazine. Also attending were a number of officers from the MoI and Abu Dhabi Police, sponsor ... Read more »

TT Electronics Continues to Enhance SAP Landscape with Independent Support

LAS VEGAS - Wednesday, December 17th 2014 [ME NewsWire]

(BUSINESS WIRE) - 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, Oracle Middleware, Hyperion and Oracle Retail software, today announced that TT Electronics plc has successfully upgraded its SAP environment while under Rimini Street support. Since switching from SAP support to Rimini Street in 2012, the United Kingdom-based global electronics company has continued to expand its ERP footprint across three continents and purchased additional user licenses from SAP. Recently, the company completed its upgrade from SAP R/3 4.6 to ECC 6.0 while under Rimini Street support.

“Rimini Street was extremely helpful ... Read more »

Acquisition Positions Dealertrack for Growth in Global Automotive Retailing Market

LAKE SUCCESS, N.Y. - Friday, December 19th 2014 [ME NewsWire]

(BUSINESS WIRE) Dealertrack Technologies (Nasdaq:TRAK) today announced a cash offer to acquire incadea plc (LSE AIM:INCA), a leading provider of DMS software and services to the global automotive retail market. Under the terms of the transaction, Dealertrack will make a cash offer for the entire issued and to be issued share capital of incadea. The Board of incadea has unanimously recommended that the shareholders accept the Dealertrack offer.

Under the terms of the transaction, incadea shareholders who accept the offer will be entitled to receive 190 pence cash for each incadea share held. The expected total consideration to be paid to acquire all shares of incadea will be approximately £121.6 million or $190.3 million. Dealertrack expects to finance the transaction through cash on hand and in cash already dra ... Read more »

JAKARTA, Indonesia - Friday, December 19th 2014 [ME NewsWire]

(BUSINESS WIRE)-- The Ministry of Culture and Elementary and Secondary Education of the Republic of Indonesia, PT. Taman Wisata Candi Borobudur, Prambanan and Ratu Boko (Persero)[*1], the United Nations Educational, Scientific and Cultural Organization (UNESCO) Office in Jakarta, and Panasonic Corporation signed a four-way Memorandum of Understanding (MoU) on October 9 to promote "conservation and awareness raising for the protection of UNESCO World Heritage Sites" and "education and cultural activities aimed at sustainable development for young people in the vicinity of the Borobudur, Prambanan, Ratu Boko sites in Indonesia." The signing marked the launch of the following joint projects.

Donation of LED projectors to illuminate Prambanan Temple Compounds World Heritage Site

A total of 16 LED light projectors have been donated to Prambanan Temple Compounds, which were designated ... Read more »

AMES, Iowa - Friday, December 19th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Renewable Energy Group, Inc. (NASDAQ:REGI), headquartered in Ames, Iowa, USA and Neste Oil Corporation of Finland have entered into a Settlement and License Agreement whereby the parties have settled Neste’s US patent infringement lawsuit against REG and REG’s Singapore patent infringement lawsuit against Neste and REG has licensed certain Neste Oil NEXBTL technology and intellectual property rights for use at REG Geismar.

"We are happy to have reached a satisfactory resolution with Neste Oil to the US patent infringement lawsuit we inherited in the acquisitions of Syntroleum and Dynamic Fuels. This agreement resolves our dispute with Neste regarding the alleged infringement of Neste’s patents by REG Geismar. Through these discussions with Neste, we discovered useful Neste intellectual property that through this license we will now be able to use to enhance operational flex ... Read more »

AMSTERDAM - Friday, December 19th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Regulatory News:

Pershing Square Holdings, Ltd. (ticker: PSH:NA) today released its regular weekly Net Asset Value (NAV) on its website, www.pershingsquareholdings.com. The NAV was computed as of the close of business on Tuesday, 16 December 2014.

PSH NAV per share as of close of business on 16 December 2014 was USD25.30.

Weekly net asset value is calculated at the close of business on each Tuesday and posted on the following Thursday. In the event that Tuesday is not a business day, PSH will calculate the close-of-business NAV as of the business day immediately preceding that Tuesday. In the event that Thursday is not a business day, any such NAV will be posted the next business day following that Thursday.

About Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. is a concentrated, research-intensive, fundamental value investor in the public markets.

... Read more »

As Part of the“Khalifa Program”

ABU DHABI, United Arab Emirates - Monday, December 15th 2014 [ME NewsWire]

Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, launched the first issue of “Aqdar” Magazine, a magazine published by the Khalifa Student Empowerment Program in an effort to promote the national identity amongst students. Alongside various articles that address diverse groups of students, the first issue includes ‘I Raise My Flag High with Knowledge’ and an article regarding the flag and the proper means of which to handle the national symbol.  

Colonel Expert Dr. Ibrahim Mohammed Al Dabal, General Coordinator of the Khalifa Student Empowerment Program, and Editor-in-Chief of the magazine, said: “The magazine embodies the directives of His Highness in implementing the Student Empowerment Program through creative and innovative means that are attractive to diver ... Read more »

PARIS - Thursday, December 18th 2014 [ME NewsWire]

(BUSINESS WIRE) - LFB S.A. announced today the achievement of patient enrollment target for PERSEPT 1, a multinational Phase 3 clinical trial of LR769, a novel recombinant form of human Factor VIIa, in adolescent and adult congenital hemophilia A or B patients with inhibitors. This Phase 3 trial study is being sponsored by LFB S.A.’s US subsidiary.

“We are very pleased to have reached our patient enrollment target so quickly,” said Christian Béchon, Chairman and Chief Executive Officer, LFB S.A. “This timely enrollment further establishes the support of the healthcare community and patients for an alternative to existing therapies. If ultimately approved by health authorities, LR769 will be the first new therapeutic option in more than 15 years for these very special hemophilia patients and the broader hemophilia community.”

PERSEPT 1 is an open-label, multicenter study designed ... Read more »

DUBLIN, Ireland - Thursday, December 18th 2014 [ME NewsWire]

(BUSINESS WIRE)-- In a landmark study evaluating the addition of stent thrombectomy clot removal to pharmaceutical treatment for patients suffering an acute ischemic stroke (AIS), stent thrombectomy provided a significant clinical benefit when compared to pharmaceutical treatment alone. Results from the Multi center Randomized Clinical trial of Endovascular treatment for Acute ischemic stroke in the Netherlands (MR CLEAN) have been published online and will appear in the January 1 issue of The New England Journal of Medicine ("NEJM"). Findings were also presented at the World Stroke Congress, confirming the effectiveness of stent thrombectomy.

The MR CLEAN study evaluated 500 patients suffering from moderate to severe strokes and demonstrated that the addition of stent thrombectomy during early treatment doubled the likelihood of a good neurological outcome. The study also confirmed that there was ... Read more »

DUBLIN, Ireland - Thursday, December 18th 2014 [ME

NewsWire]

(BUSINESS WIRE)-- In a landmark study evaluating the

addition of stent thrombectomy clot removal to

pharmaceutical treatment for patients suffering an acute

ischemic stroke (AIS), stent thrombectomy provided a

significant clinical benefit when compared to pharmaceutical

treatment alone. Results from the Multi center Randomized

Clinical trial of Endovascular treatment for Acute ischemic

stroke in the Netherlands (MR CLEAN) have been

published online and will appear in the January 1 issue of

The New England Journal of Medicine ("NEJM"). Findings

were also presented at the World Stroke Congress,

confirming the effectiveness of stent thrombectomy.

The MR CLEAN study evaluated 500 patients suffering

from moderate to severe strokes and demonstrated that the

addition of stent thrombectomy durin ... Read more »

PHILADELPHIA. - Wednesday, December 17th 2014 [ME NewsWire]

(BUSINESS WIRE) Ossianix, Inc. today announced an expansion and extension of its strategic research collaboration with H. Lundbeck A/S (Lundbeck). This collaboration follows a previous equity investment in 2012 and prior research collaboration in 2013. The collaboration will use Ossianix’s innovative single domain antibody platform based on the shark VNAR structure to deliver next generation CNS biotherapeutics.

Ossianix’s has developed a novel Blood Brain Barrier (BBB) targeting technology for the delivery of biopharmaceuticals including antibodies to treat CNS disorders. The BBB platform technology part of the agreement, gives Lundbeck access to a patented suite of cross species reactive VNAR tools that allow tailoring of products to individual therapeutic needs. Ossianix will work with Lundbeck on multiple targets aligned with Lundbeck’s therapeutic goals. The collaboration will addition ... Read more »

London - Friday, December 19th 2014 [ME NewsWire]

(BUSINESS WIRE) - GE Capital, a leading alternative finance provider to the mid-market, has been named as 2014 best global factoring house by Global Trade Review, the international publication for the trade commodity and export finance industry.

The award was the result of a poll of the publication’s corporate subscribers in its annual “Leaders in Trade” awards. Around 3,000 subscribers – as well as other companies engaged in cross-border trade activities – were asked to vote on which financial institutions they deemed to be the best across a series of international categories.

Richard Laxer, President and Chief Executive, GE Capital International, said: “We are honoured to have received the Best Factoring House award. Factoring is an important business for GE Capital and we believe that our expertise and global capabilities position us strongly to deliver financing solution ... Read more »

London - Friday, December 19th 2014 [ME NewsWire]

(BUSINESS WIRE) - GE Capital, a leading alternative finance provider to the mid-market, has been named as 2014 best global factoring house by Global Trade Review, the international publication for the trade commodity and export finance industry.

The award was the result of a poll of the publication’s corporate subscribers in its annual “Leaders in Trade” awards. Around 3,000 subscribers – as well as other companies engaged in cross-border trade activities – were asked to vote on which financial institutions they deemed to be the best across a series of international categories.

Richard Laxer, President and Chief Executive, GE Capital International, said: “We are honoured to have received the Best Factoring House award. Factoring is an important business for GE Capital and we believe that our expertise and global capabilities position us strongly to deliver financing solution ... Read more »

TOKYO - Thursday, December 18th 2014 [ME NewsWire]

(BUSINESS WIRE) - Toshiba Corporation (TOKYO:6502) today announced that it has supplied a traction energy storage system (TESS) to Tobu Railway Co., Ltd. TESS stores traction energy generated by decelerating trains as they enter a station and releases it as needed when trains accelerate from the station. The system is planned to operate from December 22.

Toshiba’s TESS is installed at Unga station on the Tobu Urban Park Line, and utilizes Toshiba’s SCiBTM rechargeable batteries to store regenerated power. SCiBTM offer outstanding characteristics, including a high degree of safety, a wide state-of-charge (SOC) range*1 and stable operation at low temperatures. Toshiba’s TESS realizes efficient charging and discharging by offering a battery capacity ten times that of typical traction energy storage systems*2, and also employs the company’s proprietary charge-discharge control technology, which ta ... Read more »

Thuraya XT-LITE addresses demand for an entry-level satellite phone making satellite connectivity more economical than ever before

ME NewsWire//Business Wire

DUBAI, United Arab Emirates - Monday, December 15th 2014

Thuraya Telecommunications Company, a leading Mobile Satellite Services (MSS) operator, today launched the industry’s best-value satellite phone, Thuraya XT-LITE. The entry-level satellite phone provides users with instant satellite connectivity at an unbeatable value. The Thuraya XT-LITE is built to make phone calls and send SMS messages in satellite mode anywhere under Thuraya’s comprehensive satellite network.

Rashid Baba, Director of Products at Thuraya, said: “Thuraya XT-LITE addresses the demands of users who need a simple satellite phone for work or travel in areas unserved by terrestrial networks. People need to stay connected no matter where they go and we will provide them with the most reliable and cost-effectiv ... Read more »