Archive | December, 2011

ShangPharma to Present at J.P. Morgan’s 30th Annual Healthcare Conference

ShangPharma to Present at J.P. Morgan’s 30th Annual Healthcare Conference

ShangPharma Corporation (NYSE: SHP) (“ShangPharma” or the “Company”), a leading China-based pharmaceutical and biotechnology research and development outsourcing company, today announced that it will present at J.P. Morgan’s 30th Annual Healthcare Conference, to be held in San Francisco from January 9-12, 2012.

Mr. Michael Xin Hui, founder and Chief Executive Officer of ShangPharma, and Mr. William Dai, Chief Financial Officer, will present at the conference.

Presentation materials will be available under the Webcasts & Presentations section of the Company’s investor relations website at http://ir.shangpharma.com.

ABOUT SHANGPHARMA CORPORATION

ShangPharma Corporation (NYSE: SHP) is a leading China-based contract research organization providing high quality and cost-effective services for the pharmaceutical and biotechnology industry. It offers a broad range of high-quality, integrated services across the drug discovery and development process to help international and Chinese pharmaceutical and biotechnology companies discover and develop novel drug candidates efficiently. ShangPharma’s services consist of discovery chemistry, discovery biology and preclinical development, pharmaceutical development and biologics services. For more information, please visit www.shangpharma.com.

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China Mobile Selects Spirent to Measure 3G Network Equipment Performance

China Mobile Selects Spirent to Measure 3G Network Equipment Performance

Spirent Communications(R) (NYSE:SPM)(LSE:SPT), today announced that China Mobile has selected Spirent’s Landslide Performance Analysis System to test 3G Packet Core Network equipment, including Serving GPRS Support Nodes (SGSN) and GPRS Gateway Support Nodes (GGSN). These devices are critical elements for 3G network architectures and Landslide will be used to ensure top network performance.

The China Mobile Communications Research Institute says that these trials are significant to China Mobile. The China Mobile Communications Research Institute has been at the technological forefront of research for various new technologies and applications and has spent the last few years preparing technologies for the commercial use of the 3G network.

Spirent’s Landslide Performance Analysis System provides market leading test capabilities for all aspects of today’s 3G Packet Switched Core Networks. Dozens of leading vendors and mobile operators around the world rely on Landslide to evaluate the performance and quality of critical wireless network elements, including wireless application servers, wireless routers, billing systems, Authentication, Authorization and Accounting (AAA) systems, and security gateways. In a small footprint, the Landslide test platform is capable of emulating real world traffic models from millions of mobile data subscribers all accessing the network simultaneously.

“Spirent is very pleased to cooperate with China Mobile on their 3G testing requirements. Landslide supplies China Mobile with world leading and innovative wireless test methodology to ensure that 3G networks will scale as millions of subscribers sign up,” said Joe Zeto, director, product marketing at Spirent Communications. “In addition, it will help guarantee that subscribers have the best and most reliable service possible.”

About China Mobile

China Mobile Communications Corporation (China Mobile for short) was officially established on April 20th, 2000. China Mobile Communications Corporation has a registered capital of RMB 51.8 billion yuan, assets of over RMB 400 billion yuan. It has wholly-owned subsidiaries in 31 provinces (autonomous regions and municipalities directly under the central government) in China and fully holds the equity of China Mobile (HK) Group Limited. China Mobile (HK) Limited, of which China Mobile (HK) Group Limited is the major shareholder, and went public in HK and New York Stock Exchanges. Currently, China Mobile (HK) Limited owns the largest market capitalization among the overseas listed Chinese companies.

China Mobile is the only operator fully dedicated to mobile business in China. It has been playing a leading role in the development of the mobile communications industry in China and holds an important position in the international arena as well. After over ten years of efforts, China Mobile has established a comprehensive network with large coverage, high quality, rich variety of businesses and first-class customer services. It ranks the first in the world in terms of the network scale and the customer base. At the end of 2004, most of the counties (cites) had been covered by the network with seamless coverage on the backbone lines and indoor coverage in key urban areas. The total number of customers exceeded 200 million. China Mobile has opened GSM international roaming services with over 235 mobile operators in 184 countries and regions in the world, and GPRS international roaming services with 51 operators in 73 countries and regions. Its international SMS service can reach users of 214 operators in 106 countries and regions, and the MMS service of China Mobile can reach 14 operators in 4 countries and regions.

By going public in the overseas stock exchange, China Mobile has successfully attracted investment from the international capital market with its sound performance and great development potential. China Mobile has been listed on the Fortune World Top 500 for 4 consecutive years and ranked 242nd in the latest Fortune World Top 500. In 2004 China Mobile was listed 5th in the Chinese Enterprise Top 500 by the China Enterprise Confederation. The publicly listed company has also been selected for 3 consecutive years as the Forbes World Top 400 Best Big Companies and is the only Chinese enterprise on the list.

About Spirent Communications

Spirent Communications (www.spirentcom.com) is a global provider of integrated performance analysis and service assurance systems that enable the development and deployment of next-generation networking technology such as Internet Telephony, broadband services, 3G wireless, global navigation satellite systems, and network security equipment. Spirent’s solutions are used by more than 1,500 customers in 30 countries, including the world’s largest equipment manufacturers, service providers, enterprises and governments. Based in Rockville, Maryland, Spirent Communications reported 2005 revenue of $403.3 million and has 1,700 employees worldwide. The company is the largest business group of Spirent plc, traded on the London and New York Stock Exchanges (LSE:SPT)(NYSE:SPM)(CUSIP number:84856M209). www.spirent.com. Spirent Communications’ sales to the United States government are made through Spirent Federal Systems. www.spirentfederal.com.

Spirent, Spirent Communications and the Spirent logo are trademarks or registered trademarks of Spirent plc. All other trademarks or registered trademarks mentioned herein are held by their respective companies. All rights reserved.

This press release may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance and are subject to factors that could cause our actual results to differ materially from those expressed or implied by these statements. These risks include the risks described from time to time in Spirent plc’s Securities and Exchange Commission periodic reports and filings. We undertake no obligation to update any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise.

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Crocus and SMIC Sign Technology Development and Wafer Manufacturing Agreements

Crocus and SMIC Sign Technology Development and Wafer Manufacturing Agreements

Crocus Technology, a leading developer of magnetically enhanced semiconductors, and Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 0981.HK), China ‘s largest and most advanced semiconductor foundry, today announced the formal signing of joint technology development and wafer manufacturing agreements. Under the agreements, the two companies will jointly develop high-temperature Magnetic Logic Unit™ (MLU) technology targeted at automotive applications. SMIC will manufacture and supply the CMOS base wafers on advanced technology nodes, which will be further processed at Crocus Nano Electronics (CNE), Crocus’ advanced magnetic manufacturing facility.

Crocus’ MLU, based on a revolutionary magnetics architecture, is a scalable evolution of its Thermally Assisted Switching™ (TAS) technology. MLU technology enables practical implementation of advanced logic and memory capabilities, a first for the industry.

“This agreement solidifies our manufacturing plan for building MLU products at advanced technology nodes,” said Dr. Bertrand F. Cambou , executive chairman of Crocus Technology. “By combining SMIC’s proven and cost effective CMOS manufacturing capacity with CNE’s advanced magnetic capability, we can meet our manufacturing requirements and better serve our customers.”

“MLU technology brings significant benefits in functionality and cost,” said Dr. Tzu-Yin Chiu , CEO and executive director of SMIC. “We are excited to work with Crocus on advanced magnetic semiconductors and bring differentiated next-generation products to the marketplace.”

In addition, Crocus’ MLU technology could be licensed to SMIC for use in embedded chip applications. The companies also plan to collaborate on joint marketing in the area of smart cards using TAS MLU and MRAM (magnetoresistive random access memory) technology.

About Crocus Technology

Crocus is a leading developer of magnetic semiconductor technology for dense, non-volatile, high-speed, scalable chip solutions used in general and special purpose applications. The company’s Magnetic Logic Unit™ (MLU) architecture, featuring a revolutionary self-reference technique, is a scalable evolution of Crocus’ patented Thermally Assisted Switching™ (TAS) technology. MLU enables practical implementation of advanced magnetic logic and memory capabilities. Crocus’ first generation magnetic technology was originally conceived at the Grenoble, France -based Spintec, a world leading magnetic research laboratory affiliated with two leading French labs, CEA and CNRS. It was further developed for production at SVTC in California and is in its final phase of implementation at TowerJazz Semiconductor. In October 2011 , Crocus announced a joint development agreement with IBM to further advance the technology, focusing on advanced development of the MLU architecture. Crocus’ technology is covered by a comprehensive patent portfolio. In May 2011 , Crocus and RUSNANO formed a joint venture, Crocus Nano Electronics (CNE), to build and operate an advanced manufacturing facility for magnetic semiconductors. Find Crocus at: www.crocus-technology.com.

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, providing integrated circuit (IC) foundry and technology services at 0.35-micron to 40-nanometer. Headquartered in Shanghai, China , SMIC has a 300mm wafer fabrication facility (fab) 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 a 200mm fab under construction in Shenzhen . SMIC also has customer service and marketing offices in the U.S., Europe , Japan , and Taiwan , and a representative office in Hong Kong . In addition, SMIC manages and operates a 300mm wafer fab in Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing Corporation.

For more information, please visit http://www.smics.com

Safe Harbor Statements

(Under the Private Securities Litigation Reform Act of 1995)
This press release contains, in addition to historical information, “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements under “Fourth Quarter 2011 Guidance” are based on SMIC’s current assumptions, expectations and projections about future events. SMIC uses words like “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project” and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements are necessarily estimates reflecting the best judgment of SMIC’s senior management and involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC’s actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, risks associated with cyclicality and market conditions in the semiconductor industry, the downturn in the global economy and the impact on China ‘s economy, intense competition, timely wafer acceptance by SMIC’s customers, timely introduction of new technologies, SMIC’s ability to capture growth opportunities in China , supply and demand for semiconductor foundry services, industry overcapacity, shortages in equipment, components and raw materials, orders or judgments from pending litigation, availability of manufacturing capacity and financial stability in end markets.

Investors should consider the information contained in SMIC’s filings with the U.S. Securities and Exchange Commission (SEC), including its annual report on 20-F filed with the SEC on June 28, 2011 , especially in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections, and such other documents that SMIC may file with the SEC or The Hong Kong Stock Exchange Limited (“SEHK”) from time to time, including on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on SMIC’s future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as required by law, SMIC undertakes no obligation and does not intend to update any forward-looking statement, whether as a result of new information, future events or otherwise.

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EastBridge (EBIG): New Joint Venture Business Model Could Pay Off

EastBridge (EBIG): New Joint Venture Business Model Could Pay Off

EastBridge Investment Group Inc. (OTCBB: EBIG), a provider of financial services to emerging companies looking to go public on U.S. exchanges, has recently been focused on helping U.S. companies expand into foreign markets via joint ventures. Its first client is Cambrium Learning Group Inc. (NASDAQ: ABCD), which is looking to partner with Chinese education companies similar to ChinaEdu Corporation (NASDAQ: CEDU).

Cambrium Looks to Partner in China

With its expertise in China’s growing marketplace, EastBridge is uniquely positioned to offer U.S. companies exposure to emerging economies. In May of 2011, Cambrium Learning entered into a consulting agreement with the EastBridge to seek out opportunities in China for joint ventures, partnerships and merger & acquisition (M&A) work.

Under the 12-month agreement, EastBridge will receive a cash fee of 10% of the total revenue derived from each business venture resulting from an introduction by the company, paid quarterly over a maximum of three years and with a $50,000 non-refundable advance paid at closing, according to an 8-K filing with the SEC.

Mr. Keith Wong, CEO of EastBridge, commented, “Cambium is a great company with a rich suite of products for online applications. Many of their K-12 products can be adapted to students in China, which has a total elementary, junior and high school student population of more than 200 million. We are very excited to be retained as a consultant to help them seek out opportunities in China for joint ventures, partnerships and merger & acquisition (M&A) work. We have substantial experience in China to help our clients achieve their expansionary goals.”

JV Business Model Could Pay Off Long-term

EastBridge’s primary business of helping emerging companies obtain a listing on U.S. stock exchanges involves lengthy timeframes and approvals. In contrast, the joint venture model is a relatively straightforward private business transaction. And since the payout is tied to revenues, it provides shareholders with a virtual equity stake in the company.

Currently, the majority of the company’s 14 clients are utilizing other services, but the joint venture model could be expanded moving forward. After all, the slowdown in the U.S. and E.U.  is forcing many companies to look to emerging markets in Asia for growth potential. These agreements would provide faster revenues with economics similar to its standard services.

For more information about EastBridge, please see the following resources:

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