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Leading independent software support provider recognized for a fourth time by major investment bank

LAS VEGAS - Wednesday, October 14th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Rimini Street, Inc., the leading independent provider of enterprise software support services for SAP SE’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, Oracle Retail and Oracle Agile PLM software, today announced that JMP Securities has named Rimini Street to its “Hot 100 Best Privately Held Software Companies” list for 2015. This is the fourth time Rimini Street has been recognized in this annual listing of leading, innovative private companies as determined by the San Francisco investment bank based on financial growth, product innovation, quality of leadership, customer traction and market potential.

Strong Growth, Interna ... Read more »

ABU DHABI, United Arab Emirates - Tuesday, October 13th 2015 [ME NewsWire]

A delegation of the Community Police in Kuwait reviewed the tasks and duties undertaken by the Community Police at Abu Dhabi Police General Headquarters, its development stages and efforts to attain a prestigious stature in community work.

Colonel Mubarak Awadh Mubarak bin Muhairom Al Ameri, Director General of Community Protection and Crime Prevention at the General Secretariat of the Office of HH Deputy Prime Minister and Minister of Interior, met with the visiting delegation. He briefed the delegation members about the evolution of this experience, and how the Community Police concept got further consolidated in society through communication with community members and institutions and support of mutual partnerships and shared responsibility.

Colonel Al Ameri emphasized that such achievements were possible thanks to the unlimited support of the security and police leadership, which a ... Read more »

HOUSTON - Friday, October 16th 2015 [ME NewsWire]

(BUSINESS WIRE)-- The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.50 per share of outstanding common stock. The dividend is payable on January 8, 2016 to stockholders of record at the close of business on December 2, 2015.

About Schlumberger

Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 105,000 people representing over 140 nationalities and working in more than 85 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production.

Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues of $48.58 billion in 2014. For more information, visit www.slb.com.     

... Read more »

Company builds on 231% growth across APAC region

LAS VEGAS & BEIJING - Wednesday, October 14th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Rimini Street, Inc., the leading independent provider of enterprise software support services for SAP SE’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, Oracle Retail and Oracle Agile PLM software, today announced the appointment of Frank Chou as general manager, Greater China. In this newly created role, Chou is responsible for leading the growth and expansion of Rimini Street’s service offerings across Greater China, which includes China, Hong Kong and Taiwan. The region represents one of the largest market opportunities for the Company’s new class of enterprise software support services for Oracle and SAP clients. The company is expanding operations in Greater China d ... Read more »

To maintain family stability

ABU DHABI, United Arab Emirates - Monday, October 12th 2015 [ME NewsWire]

According to statistics issued by the Social Support Centers at the Abu Dhabi Police General Headquarters (GHQ), the department has handled as many as 1,075 social cases between January and September this year, including marital disputes, domestic violence and other family problems.

Brigadier Najim Abdullah Al Hosani, Head of the Social Support Centers Department, pointed out that out of the cases handled by the department, 603 cases were reported personally, 316 cases were referred by the various police stations and other entities, and 156 cases were handled by phone. “Handling such cases was achieved with confidentiality and high professionalism, by qualified and trained specialists, on par with the global best practices,” said Brigadier Al Hosani. Moreover, he indicated that this approach aims to maintain the unity of the family and achieve st ... Read more »

 Collaboration Expected to Increase Geothermal Market Opportunities to Support Future Growth

RENO, Nev. & TOKYO - Thursday, October 15th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Ormat Technologies Inc. (NYSE:ORA) and Toshiba Corporation (TOKYO:6502) announced today that the two companies have signed a strategic collaboration agreement (SCA) to develop strategic opportunities for collaboration in the areas of geothermal power generation systems and related equipment.

Under the terms of the agreement, the parties will explore and develop strategic opportunities that will enable them to offer potential customers a more competitive solution for comprehensive supplies and services related to geothermal developments, from resource assessment, field development, power plant engineering, procurement and construction (EPC) to power plant operation.

Geothermal power plants generally utilize either a binary system or a conventional flash system. In some sit ... Read more »

Brazil’s Foundation for Patient Safety Symposium Modeled After the Patient Safety, Science & Technology Summit

SAO PAULO - Tuesday, October 13th 2015 [ME NewsWire]

(BUSINESS WIRE)-- The Society of Anesthesiology of the State of São Paulo (SAESP) announced today that Joe Kiani, Founder of the Patient Safety Movement Foundation, will deliver the keynote address at the first annual São Paulo Foundation for Patient Safety Symposium (the Fundação para a Segurança do Paciente) to be held November 5 and 6th, 2015, at the Maksoud Plaza Hotel, in São Paulo, Brazil.

“We are taking a new and important step towards a society capable of debating in an open and productive fashion, issues relative to implementing a culture of safety in our hospitals,” said Dr. Enis Donizetti Silva, President of the Society of Anesthesiology of the State of São Paulo. “We are very impressed with what the Patient Safety Movement Foundation has been able to accompli ... Read more »

LAS VEGAS - Friday, October 16th 2015 [ME NewsWire]

Revenue of $30.8 million, up 38% year over year

Deferred revenue of $89.1 million, up 53% year over year

Billings of $28.6 million, up 48% year over year

1,164 total signed clients to date, up 31% year over year

(BUSINESS WIRE)-- Rimini Street, Inc., the leading independent provider of enterprise software support services for SAP SE’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, Oracle Retail and Oracle Agile PLM software, today announced its preliminary financial results for the fiscal third quarter ending September 30, 2015.

Strong and Steady Growth

Rimini Street’s third quarter results continued the Company’s upward trend with record revenue, deferred revenue and bookings backlog, and marked the Company’ ... Read more »

 - Strengthened monitoring function contributes to safer vehicle systems -

TOKYO - Friday, October 16th 2015 [ME NewsWire]

(BUSINESS WIRE)--Toshiba Corporation's (TOKYO:6502) Semiconductor & Storage Products Company today announced the mass production start of "TB9042FTG", a system regulator IC with monitoring function for the motor control system of electric and hybrid vehicles. The new IC is optimized for high efficiency systems, with a strengthened monitoring function to reduce potential risks that threaten the security of the system.

Failure of the system regulator IC leads to malfunction of electronic devices. The system particularly loses functionality when microcontroller (MCU) failure impacts on operation. “TB9042FTG” provides an SPI communication function to avoid this dangerous condition. The system regulator IC and the MCU identify trouble at the time of the abnormality by using the SPI communication function to m ... Read more »

Assessing the “magnetism” driving the success of 40 top cities

TOKYO - Wednesday, October 14th 2015 [ME NewsWire]

(BUSINESS WIRE)-- The Mori Memorial Foundation’s Institute for Urban Strategies, a research institute established by Mori Building, unveiled today the results of its Global Power City Index (GPCI) 2015 report, which ranks 40 global metropolises according to their “magnetism,” or power to attract creative individuals and enterprises from around the world and mobilize their assets for economic and social development. Like last year, London, New York, Paris and Tokyo took the top four spots, in that order, while Los Angeles, San Francisco and Hong Kong showed significant improvement.

Key Highlights

    London, which has held the top spot every year since hosting the 2012 Olympic and Paralympic Games, ranked among the top three in all categories except Livability and Environment this year. With a lo ... Read more »