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Air China Starts Codeshare with China Express

AIF, AIR, Aviation, CON, General, PAV, TRA, TRN

BEIJING, Aug. 29, 2014 /PRNewswire/ — Air China and China Express signed a codeshare cooperation agreement in the city of Guiyang, Guizhou province on August 29, 2014, and the two carriers will start to share codes on each other’s selected flights from September 1, 2014.

Air China Starts Codeshare with China Express

Air China Starts Codeshare with China Express

 

Air China Starts Codeshare with China Express

Air China Starts Codeshare with China Express

 

According to the agreement, the two carriers will connect the cities of Chongqing, Guiyang and Dalian to their respective networks. With the cooperation, Air China will be put its code CA on 32 routes operated by China Express, which will extend its route network to the second-tier and third-tier cities around Chongqing as well as in provinces of Guizhou and Liaoning Province. At the same time, China Express will put is G5 code on 30 routes operated by Air China, which will extend its network to most of China’s big and medium-sized cities. Currently, Air China operates over 50 routes to Chongqing, Guizhou and Liaoning, giving passengers easy access to most of the Chinese provincial capitals via Chongqing, Guiyang and Dalian.

Lou Yongfeng, Managing Director, International Cooperation Department, Commercial Committee, said, “Air China has always attached great importance to establishing partnerships with other carriers. It is our hope that our codeshare cooperation with China Express will further expand the networks of both sides and make it easier for passengers around the country to travel to and from the regions around Chongqing, Guizhou and Liaoning.”

Luo Tong, Vice President of China Express, said, “The cooperation not only connects the networks of the two carriers, but also make a trunk route carrier and a feeder carrier complement each other. The feeder market will enter a fast track by benefiting from the well-established trunk routes. So the point-to-point operations of the feeder market will be supported by trunk route operations. China Express is quite committed to making medium- and small-sized cities more accessible, and the most effective way of doing that at the lowest social costs is to fully take advantage of the network of trunk routes to grow the feeder market.”

Air China is China’s only national flag carrier and also the largest carrier between China and Europe and between China and America. Its route network serves over 162 destinations in 32 countries and regions worldwide. China Express is a carrier operating feeder routes for passenger and cargo transportation. The codeshare cooperation between Air China and China Express blazes the trail for partnership between trunk route carrier and domestic feeder carrier, make more products available to the domestic market, giving passengers in more travel options, promote the cultural exchanges of second-tier and third-tier cities with other parts the country, facilitate regional economic development, and further promote the development of China’s feeder route market.

Photo – http://photos.prnasia.com/prnh/20140829/0861406219-a
photo – http://photos.prnasia.com/prnh/20140829/0861406219-b
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Avis Announces New Partnership with SriLankan Airlines

AIR, AUT, Aviation, CON, General, PAV, TRA, TRN

SriLankan Airlines’ Frequent Flyers, FlySmiLes members, are valued more with chances to earn points and enjoy discounts on rental cars from Avis

SINGAPORE, Aug. 29, 2014 /PRNewswire/ — Avis, today announced a new partnership agreement with SriLankan Airlines the national carrier of Sri Lanka and the newest member of the oneworld alliance. Through the new partnership, the Airline’s frequent flyers, FlySmiLes members will have the opportunity to earn and redeem miles from Avis car rentals. In addition, Avis’ products and services will be marketed to FlySmiles members on the FlySmiLes website: http://www.flysmiles.com/.

“We are more than excited to align our brand loyalty efforts with SriLankan Airlines,” said Patric Siniscalchi, President, Latin America/Asia Pacific, Avis Budget Group. “This partnership will enhance the value proposition for FlySmiLes’ customer loyalty program and bring us incremental business at the same time, giving us the opportunity to accelerate our growth in the Southeast Asia.”

SriLankan Airlines, Head of Commercial Operations, Mohammed Fazeel said, “SriLankan Airlines is delighted to have Avis on-board, which will provide our frequent flyers more opportunities to earn and redeem miles whilst on business or holiday. We have been expanding our strategic partnerships with service-providers of high calibre to provide our FlySmiLes members the best possible experience.  With SriLankan’s entry to oneworld in May this year, FlySmiLes members now have the opportunity to enjoy a wide range of benefits in addition to earning and redeeming miles when flying with the oneworld carriers.”

To celebrate the new partnership, Avis offers the FlySmiLes members Double and Triple bonus FlySmiLes miles on qualifying rentals.

For More Information: Call Reservations Hotline 1800 737 1668 (toll-free)

About Avis in Asia

In Asia, Avis is a leading provider of vehicle rental; vehicle leasing and limousine/chauffeur drive services operating in more than 300 locations through a network of wholly owned subsidiaries, joint ventures and licensee agreements in 18 markets. Avis opened its first operations in Asia in 1970 in Hong Kong. Throughout the 1970’s Avis grew steadily in the region, with operations launched in Singapore, the Philippines, Pakistan, Malaysia and Indonesia. More recently, developments have included openings in India, Mainland China, Vietnam and Taiwan.

About Avis

Avis Car Rental operates one of the world’s best-known car rental brands with approximately 5,450 locations in more than 165 countries. Avis has a long history of innovation in the car rental industry and is one of the world’s top brands for customer loyalty. Avis is owned by Avis Budget Group, Inc. (NASDAQ: CAR), which operates and licenses the brand throughout the world. For more information, visit www.avis.com.

About SriLankan AirLines and FlySmiLes

SriLankan Airlines being the  National carrier of Sri Lanka, is an award winning carrier with a firm reputation as a global leader in service, comfort, safety, reliability, and punctuality . The airline has cemented a firm reputation worldwide for its service, comfort, safety and reliability, notching many enviable industry awards along the way. These awards include the, World’s Friendliest Cabin Staff by Skytrax; Best Airline in South Asia from Travel Trade Gazette; World’s Most Reliable Operator of Airbus A330s and A340s by Airbus Industries and the Etihad Global Excellence Award for Best Regional Caterer.

The airline’s hub is located at Bandaranaike International Airport in Colombo, providing convenient connections to its global route network of 60 destinations in 33 countries in Europe, the Middle East, South Asia, Southeast Asia, the Far East, North America and Australia. SriLankan has mutual code-share services with BMI (British Midland), Etihad and Malaysia Airlines. Indian Airlines , Saudi Arabian Airlines, Air Canada and Mihin also code-share on some of SriLankan’s routes. SriLankan has consistently achieved very high marks for excellence, especially in polls of global travellers and has won many international accolades consistently.

For further information please contact:

Grace Banto
Avis Asia
+65-6737-1668
grace.banto@avis.com.sg

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Air Seychelles and Hong Kong Airlines Sign Codeshare Agreement

AIR, Aviation, CON, General, TRA

HONG KONG, Aug. 28, 2014 /PRNewswire/ — Air Seychelles, the national airline of the Republic of Seychelles, and Hong Kong Airlines, an internationally-acclaimed SKYTRAX 4-star airline, have signed a codeshare agreement to provide travellers with enhanced connections in Asia, Africa and the Middle East.

Under the codeshare agreement, Air Seychelles will place its ‘HM’ code on Hong Kong Airlines’ flights between Hong Kong and the capital of Thailand, Bangkok. In return, Hong Kong Airlines will place its ‘HX’ code on Air Seychelles’ flights between the Seychelles and Hong Kong, as well as between Hong Kong and Abu Dhabi, capital of the United Arab Emirates#.

The agreement was signed this week by Manoj Papa, Chief Executive Officer of Air Seychelles, and Li Dianchun, Commercial Director of Hong Kong Airlines.

Manoj Papa said: “We are delighted to expand our network of codeshare partners with the addition of Hong Kong Airlines. As a leading international tourism destination, the Seychelles attracts a large number of travellers from across Asia, and through our codeshare agreement with Hong Kong Airlines, we are confident these volumes will continue to flourish. At the same time, residents of the Seychelles will benefit from direct access to the global finance and tourism hub of Hong Kong.”

Li Dianchun said: “This codeshare agreement is part of a comprehensive strategy to open up new markets and offer more choices to Hong Kong Airlines’ passengers. Our partner Air Seychelles is a well-respected airline that will successfully broaden our reach to the Seychelles and Abu Dhabi, two of the world’s fastest-growing and most exciting travel destinations. The agreement enables passengers to book any Hong Kong Airlines flight originating from China, Japan and Southeast Asia to Abu Dhabi and the Seychelles connecting through the Hong Kong hub. We anticipate strong demand on these routes and look forward to building our cooperation with Air Seychelles in the future.”

Tickets under the codeshare agreement can be purchased from 12 September 2014 for travel commencing on the same day# on the airseychelles.com or hkairlines.com websites. Bookings can also be completed through a travel agent, the airlines’ sales offices, or by calling the Air Seychelles’ Call Centre on +248 439 1000 or the Hong Kong Airlines Call Centre at +852 3151 1888 (Hong Kong) or +86 898 950715 (mainland China).

Details of the codeshare flights are as follows:

Routes

Flight No.

Departure*

Arrival*

Days of Operations

HKG – BKK

HX765/ HM5680

1810

1925

Daily

HX767/ HM5682

0055

0235

HX771/ HM5684

0750

0945

HX773/ HM5686

2315

0015+1

HX775/ HM5688

1215

1405

BKK – HKG

HX766/ HM5681

2025

0055+1

HX768/  HM5683

0825

1210

HX772/ HM5685

1125

1530

HX774/ HM5687

0210

0555

HX776/ HM5689

1505

1850

Routes

Flight No.

Departure*

Arrival*

Days of Operations

HKG – AUH

HX 1087/ HM 087

1910

2340

Mon/ Wed/ Fri

HKG – SEZ

HX 1087/ HM 087

1910

0635+1

Mon/ Wed/ Fri

SEZ – HKG

HX 1086/ HM 086

1555

0955+1

Tue/ Thu/ Sun

AUH – HKG

HX 1086/ HM 086

2155

0955+1

Tue/ Thu/ Sun

* All local time

#Subject to regulatory approvals.

Manoj Papa, Chief Executive Officer of Air Seychelles, and Li Dianchun, Commercial Director of Hong Kong Airlines, sign a codeshare agreement between the two airlines

Manoj Papa, Chief Executive Officer of Air Seychelles, and Li Dianchun, Commercial Director of Hong Kong Airlines, sign a codeshare agreement between the two airlines

– Ends –

About Air Seychelles

Air Seychelles was established in 1978 and began long-haul service in 1983. The airline currently offers international flights to Abu Dhabi, Hong Kong, Johannesburg and Mauritius. Air Seychelles also offers more than 200 domestic scheduled flights a week throughout the archipelago, as well as domestic charter services.  As the national airline of the Republic of Seychelles, Air Seychelles is a pillar of tourism, the island nation’s strongest and growing economic sector. The airline maintains a strategic partnership with Etihad Airways, the national airline of the United Arab Emirates and 40 per cent stakeholder. For more information, please visit: www.airseychelles.com.

About Hong Kong Airlines

Established in 2006, Hong Kong Airlines has since grown to become an internationally-acclaimed carrier. Recognizing the warmth of its service and the quality of its onboard offering, Hong Kong Airlines has been awarded the highly-esteemed 4-star rating from SKYTRAX for three consecutive years. Based in Hong Kong, Hong Kong Airlines’ network currently covers almost 30 cities regionally, including Beijing, Shanghai, Sanya, Bangkok, Bali and Okinawa. Our current fleet has 23 aircraft, which includes three Airbus A330-300s, nine Airbus A330-200s and six A320s, with up-to-date inflight entertainment system and an average age of just one year as of 2013. And our cargo fleet consists of five Airbus A330-200Fs. Adhering to the concept of “Fresh and Very Hong Kong”, Hong Kong Airlines is committed to “Bringing Greater Journeys Sky High”, and is dedicated to providing an extraordinary flight experience to the passengers. For more information, please visit: www.hkairlines.com.

Photo – http://photos.prnasia.com/prnh/20140828/0861406173 
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China Public Procurement Limited Signed Several Framework Cooperation Agreements and A Memorandum of Understanding

Business, CON, FIN

Development in Electronic Procurement Market

HONG KONG, Aug. 27, 2014 /PRNewswire/ — China Public Procurement Limited (Stock code: 1094), “The Company”, “The Group” or “CPP”, announced at its board meeting that CPP signed framework cooperation agreements with several procurement technology companies. The board also signed a memorandum of understanding on an acquisition of a local technology company.

A wholly owned subsidiary of CPP, CPP (Beijing) Technique Co., Ltd. signed a framework cooperation agreement with Beijing Yangguang Gongcai Technology Company Limited (Beijing Sunshine). The agreement stated an intention for cooperation on promoting the Government’s electronic procurement platform, exchanging of procurement news and information, sharing on data and reciprocity agreement on vendors, etc. The generated sales and income will be shared among the two companies on a pro-rata basis. Beijing Yangguang Gongcai Technology Company Limited is established in 2013 as a platform for public resources exchange, developers and operators of software applications. A number of software products developed by Beijing Sunshine have been applied in the electronic procurement market at a governmental level.

Furthermore, CPP (Beijing) Technique Co., Ltd. signed a credit investigation cooperation agreement with Beijing Credit Management Company. The agreement includes providing supplier credit investigation and credit rating services, providing technical support such as data management of corporate credit investigation, encoding of company identification, and establishment of credit information application platform, etc. to CPP (Beijing) Technique Co., Ltd. Beijing Credit Management Company is a company principally engaged in the provision of credit investigation services in the PRC and it is a PRC government recognised institution for industry credit rating.

CPP has also entered into a memorandum of understanding to make an acquisition of no less than HK$30 million of Diko Global Group Co., Limited (Diko Global). Diko Global is principally engaged in the wholesale and distribution of Western Digital hard drives in Hong Kong and the PRC, and it is one of the sales distributors of Western Digital hard drives in the PRC region. CPP believes that the Proposed Acquisition will broaden the Group’s client base and its source of income.

Mr Cheng Yuanzhong, Chairman of CPP said: “China Public Procurement Limited’s signing of another cooperation framework agreement will help consolidate and expand the side of the business organizations of e-procurement platform, which will in turn enhance technology standards, diversify the levels of procurement related information and expand the areas of business. As Diko Global is within our area of business, we believe the acquisition will also bring us significant value and immediate revenue. We believe these cooperation agreements and this proposed acquisition will also enhance the competitiveness of the company in the long-run, and provide more favourable returns to shareholders.”

About China Public Procurement Limited

China Public Procurement Limited is listed on the Main Board of The Stock Exchange of Hong Kong (stock code: 1094). The Group is principally engaged in the development of the public procurement services which involves the provision of procurement services to general public and government in the PRC, also for the global public procurement, and provides a series of public procurement business related services, including financial services.

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Jebsen tedrive Joint Venture Established to Bring tedrive Steering’s Advanced Steering Gear Technologies to China

AUT, Aviation, CON, CPR, ECP, General, JVN, TRN

SHANGHAI, Aug. 26, 2014 /PRNewswire/ — Jebsen Automotive Technik (JAT) and tedrive Steering are pleased to announce today plans to establish a 50:50 joint venture “Jebsen tedrive Steering Systems”. The joint venture aims to bring tedrive Steering’s advanced steering technologies to China. The new company will be formally registered by year-end in Shanghai, from where it will spearhead the localization of tedrive Steering’s full product range.

Top executives from Jebsen & tedrive Steering celebrating the creation of Jebsen tedrive Steering Systems at the signing ceremony in Germany.

Top executives from Jebsen & tedrive Steering celebrating the creation of Jebsen tedrive Steering Systems at the signing ceremony in Germany.

The new joint venture will draw on the operational knowledge and China-wide sales and service network of JAT and the technological expertise of tedrive Steering to satisfy the growing demand for high-quality automotive components in China. Jebsen tedrive Steering Systems will focus on supplying German-engineered steering systems, with plans to localize the manufacturing in China.

“As an established provider of advanced steering technologies to the global vehicle market, at tedrive Steering we are pleased to combine our strengths with those of Jebsen Automotive Technik in order to grow our business in China. With the support of JAT, we will develop the market for our innovative steering technologies in China and help the local automotive sector better serve its domestic and international customers,” said Pavel Gilman, Director, Corporate Strategy and in charge of founding the new joint venture with Jebsen.

tedrive Steering and JAT are confident of the continuing growth of China’s auto sector. Already the world’s largest automotive market, it grew almost 14% in 2013 according to the China Association of Automobile Manufacturers (CAAM), with 21.98 million vehicles sold. Sales for 2014 are expected to show a further 8 to 10% growth.*

With more than 60 years of experience, tedrive Steering is a global leader in the development, engineering and production of steering systems and components. Its product portfolio includes advanced steering technologies for all vehicle segments: from mechanical, hydraulic and electronic rack-and-pinion steering systems for passenger cars and light commercial vehicles to state-of-the-art recirculating ball steering gear technology for commercial vehicles and buses.

“Jebsen Automotive Technik and tedrive Steering are committed to ensuring that Jebsen tedrive Steering Systems develops into the high-quality leader in steering systems for China. By making full use of the nationwide Jebsen Automotive Technik sales and service network and leveraging synergies with our other market-leading joint ventures, we will be able to help tedrive Steering localize its innovative technology and support our OEM and Tier One customers with competitive system and component solutions at the same time,” Arnie Jensen, Director and General Manager of Jebsen Automotive Technik, also the board of director of the new joint venture said.

Jebsen Automotive Technik supports this market with three JVs: Mitec-Jebsen, which provides high-end engine balance shafts and gear set solutions; Jebsen-TCG Automotive Systems (Dalian), which manufactures high-performance variable oil and water pumps; and MSR-Jebsen Technologies, which produces precision machined components for powertrain customers in China.

About Jebsen tedrive Steering Systems

To be established in Shanghai in the fourth quarter of 2014, “Jebsen tedrive Steering Systems Co. Ltd.” will supply advanced steering technologies in China. It is a joint venture of tedrive Steering, managed by its holding company “Steering Systems Beteiligungsgesellschaft mbH” of Germany, a global leader in the development and production of advanced steering systems, and “Jebsen Automotive Technik Co. Ltd.”, a subsidiary of Jebsen Industrial.

About tedrive Steering

tedrive Steering is a specialised development partner and manufacturer of steering systems for the global vehicle market. The company with headquarters in Germany operates three plants in Wuelfrath and Chemnitz (Germany), and further production, sales and technical facilities in Istanbul (Turkey), Nabereznyje Chelny (Tatarstan, Russia) and Howell (Michigan, USA). tedrive Steering is a full-service provider in the field of steering technologies. The product portfolio encompasses rack-and-pinion steering and recirculating ball steering gear systems for all vehicle segments from small passenger cars to large trucks and buses. tedrive Steering sets the course, developing competitive high-performance steering technology for passenger cars and commercial vehicles, with its award winning iHSA® technology and lightweight steering solutions. For more information, visit http://www.td-steering.com.

About Jebsen Automotive Technik

Jebsen Automotive Technik Co. Ltd. (JAT), a subsidiary of Jebsen Industrial under the Jebsen Group, supports overseas component suppliers to localize their operations and business in China. It oversees Mitec-Jebsen as well as Jebsen-TCG Automotive Systems, which produces high-performance variable oil and water pumps, and MSR-Jebsen Technologies, which manufactures high precision components for powertrain system. The company continues Jebsen’s history as a leader in Greater China’s aftermarket spare parts and services since 1921. For more information, visit http://www.jebsenindustrial.com/JAT.

*[Source: http://www.reuters.com/article/2014/02/13/us-china-auto-sales-idUSBREA1C0DR20140213]

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Danlaw Embarks on 3rd Party Recognition for ISO 26262 Qualification

AUT, Aviation, CON, CPR, ECP, General, TRN

– Tool Qualification Kit for Mx-Suite™ will significantly reduce qualification time and effort

NOVI, Mich., Aug. 18, 2014 /PRNewswire/ — Danlaw, Inc., a global provider of automotive embedded engineering solutions, announces the selection of industry leader CertTech, LLC to develop and offer a Tool Qualification Kit (TQK) for Mx-Suite. Additionally, Danlaw is working with a 3rd party company to review Mx-Suite for formal ISO 26262 qualification.

Photo – http://photos.prnewswire.com/prnh/20140814/136270
Logo – http://photos.prnewswire.com/prnh/20140408/DE00698LOGO-c

“Danlaw has selected two very respected and trusted names in the industry to work with,” said Dan McClung, VP Operations, Engineering Services of Danlaw. “CertTech’s Tool Qualification Kit will benefit our existing customer base, as well as new additions, as tool capability requirements for ISO 26262 become mainstream and perhaps mandatory in the future.”

CertTech’s TQK will define the functional requirements Mx-Suite must meet including a set of tests to demonstrate compliance with ISO 26262 requirements. TQK will also provide extensive documentation to show compliance in accordance with the functional safety standards. “The Tool Qualification Kit for Mx-Suite provides tremendous value to companies across a wide variety of safety and mission-critical industries where rigorous product development processes demand the highest levels of assurance,” said Jeff Gray, CEO of CertTech. The TQK will become publicly available in Q4 2014.

The Mx-Suite Embedded Software Test Environment is designed to help automotive ECU module suppliers produce their products more efficiently and with higher quality through continuous integration. Using intuitive graphical diagrams, software requirements are easily documented with performance criteria and tolerances, therefore simplifying software validation. The tool provides traceability from requirements, through design and test cases. Mx-Suite™ allows engineers to test development concepts using virtual prototypes, before electronics are available. Mx-Suite™ is used to validate models (MIL), execute tests on developer-written or auto-coded software including strong AUTOSAR support (SIL), as well as run tests with bench and hardware in the loop (HIL) equipment. Automotive OEMs and tier 1 suppliers across body, powertrain, chassis, safety and infotainment alike continue to rely on Mx-Suite for its intuitive user interface and complete test coverage.

About CertTech, LLC
CertTech engineers are domain experts in safety and mission-critical test and test systems. Founded in 1999, CertTech has served major manufacturers in aerospace, automotive, avionics, national security, transportation, energy, agriculture, medical, and in other highly regulated industries, including the national laboratory system. CertTech’s team of engineering professionals provides innovative products, systems and services in support of the development of advanced technology products, focusing primarily on the development of automated test solutions. www.certtech.com

About Danlaw
Danlaw’s 300+ engineering professionals have been providing automotive embedded electronics solutions to OEMs and their Tier-1 supply base for 30 years. Danlaw has facilities in the USA, India and China. Danlaw’s specialty areas include embedded systems development and testing for Embedded Control Units (ECUs), vehicle network communications, infotainment and telematics. Their customers include automotive OEMs, automotive electronics suppliers, fleet and automotive insurance companies worldwide

For more product information, visit: www.danlawinc.com/engineering-tools

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Broadridge Signs MOU with Taiwanese Depositary to Cooperate with StockVote System

Business, CON, CPR, FIN

— Successful cooperation will support improved corporate governance processes in Taiwan through international proxy voting automation

LAKE SUCCESS, N.Y., Aug. 14, 2014 /PRNewswire/ — Broadridge Financial Solutions, Inc., (NYSE: BR) a leading provider of technology-driven solutions for financial firms and corporate issuers globally, has reached an agreement with the Taiwanese central depository, Taiwan Depository & Clearing Corporation (TDCC), to establish direct links with the TDCC’s new electronic voting system for Taiwanese shareholder meetings, StockVote. For listed companies that elect to use the StockVote system, direct voting into the system by Broadridge will significantly enhance the level of straight-through processing (STP) in the process, greatly improving voting deadlines for overseas investors and helping to eliminate multiple manual processes undertaken by local sub-custodian banks supporting Broadridge’s clients in the market today.

Logo- http://photos.prnewswire.com/prnh/20110920/MM71626LOGO

StockVote was developed by TDCC to take advantage of recent regulatory changes in Taiwan that allow electronic voting, and the system has been used successfully by local investors for several years. By working with TDCC, Broadridge will bring the benefits of StockVote to foreign shareholders voting in Taiwan through Broadridge’s global proxy service for global custodians and their institutional investor clients. Currently, voting in Taiwan is predominately handled manually by local banks, often including mandatory meeting attendance. With the cooperation of the sub-custodians and global custodians, Broadridge will send overseas voting directly to StockVote through secure electronic means, thereby eliminating the manual handling of paper voting and meeting attendance by the local banks for participating Taiwanese issuers.  

Sherman Lin, President of TDCC, said, “We have listened to the concerns of investors about shareholder voting in Taiwan, and have worked with our regulators to update local regulations to enable improvements to the process. We are pleased that the necessary regulatory changes are for the most part now complete, and local investors have been able to benefit from the improved process.  We see working with Broadridge to bring these benefits to overseas investors as a critical next step to further improving corporate governance in Taiwan.”

“As interest in cross-border proxy voting and corporate governance has grown in the last few years, Broadridge has worked with local parties wherever possible to improve the local processes and the ability of our clients to vote. While Taiwan has required our clients to deploy manual processes for many years given the regulatory environment and market practices, the development of StockVote by TDCC and the possibilities raised by our cooperation with them promise to bring significant benefits to our overseas clients in their efforts to support improved corporate governance globally,” said Demi Derem, General Manager of Broadridge’s global proxy service. “We look forward to working with the TDCC to bring the combined benefits of StockVote and our global proxy service to our clients.”

About Broadridge

Broadridge Financial Solutions, Inc. (NYSE: BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally. Broadridge’s investor communications, securities processing and business process outsourcing solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge’s infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America, and processes more than $5 trillion in fixed income and equity trades per day. Broadridge employs approximately 6,700 full-time associates in 14 countries.

For more information about Broadridge, please visit www.broadridge.com

About TDCC

Established in October 1989, Taiwan Depository and Clearing Corporation (TDCC) is central securities depository (CSD) in Taiwan and plays the role as an essential infrastructure of Taiwan financial markets, providing custody, securities settlement, book-entry transfer, and issuer services. TDCC maintains more than 15 million investor accounts under 2,257 participants, with a total market value of USD $1.2 trillion for all types of securities under custody as of the end of 2013. TDCC engaged with e-voting services, named STOCKVOTE, from 2008, and it is the sole e-voting platform in Taiwan. TDCC has been connecting with international financial markets to keep pace with global developments, and has conducted international business related to bonds, offshore funds, and cross-border STP voting.

Further information, please visit: www.tdcc.com.tw.

Media Contact:

Kate McGann
Broadridge
+1 212 981 1395
Katherine.mcgann@broadridge.com

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Arcadia Signs First Digital Partnership in China with ShangPin for TOPSHOP and Miss Selfridge

Business, CON, FAS, JVN

— ShangPin.com, China’s online pioneer in fashion retailing, has signed an agreement with Arcadia Group Ltd to bring both TOPSHOP and Miss Selfridge into China.

BEIJING and LONDON, Aug. 13, 2014 /PRNewswire/ — ShangPin.com, China’s first online multi-brand retailer of designer and contemporary fashion, has signed an agreement with Arcadia Group Ltd to be their first online partner in China. Both the TOPSHOP and Miss Selfridge brands will launch on the ShangPin.com site from September 2014.

David Zhao, CEO of ShangPin commented, “In the last 2 years, we have been building China’s most ‘fashionable’ online customer database and being online means we have our finger on the pulse of what the consumer needs. China’s new fashion consumers are in their 20s-30s and are moving away from big logos to being fashion forward and wanting to express their individuality through mixing and matching styles and brands.”

“The Arcadia Group Ltd’s portfolio of fashion brands is perfectly suited to ShangPin’s customer base and we are thrilled to be bringing both TOPSHOP and Miss Selfridge into China with their respective brand DNAs. They are already successful international retailers who have made their mark on the British high street as well as with partners around the globe and I am confident they will do well in China. We plan to deliver the most current fashion trends into 400 cities across China to dress a new generation of fashion lovers.”

Sir Philip Green remarked, “We decided to partner with ShangPin in China because they demonstrated to us their capacity to operate brands and understand marketing and brand building.  As we continue to grow our global expansion, this will be a step forward using the power of China’s online reach and therefore selling into one of the world’s most exciting consumer markets.”

ShangPin’s New Styling and Social Marketing Platform

China’s generation born in the 80s and 90s can spend up to 30% of their day online or on mobile and the influence of social media in China is unmatched anywhere in the world.

In September, ShangPin will be unveiling a new Styling & Social Marketing Platform on its website as a value added service offered to brands.

M. Claire Chung, Vice President of International Business Development comments, “We plan to style up to 1000 looks per month using all brands. These ‘looks’ can then be shared across all Chinese social media including Weibo, WeChat, and QQ. With TOPSHOP and Miss Selfridge, we will be able to show the customer how to mix and match the styles alongside designer brands.  We launched our mobile app last year and have already seen 40% of sales transacted on mobile. ShangPin’s investment in the Styling Platform shows our commitment to our brand partners not only to drive sales but to utilize ShangPin as a branding platform where customers can connect and share! This is the digital savvy new generation all brands must target for their next 20 years of growth along with the rise of the ‘fashion aware’ middle class in China. It is an exciting moment for fashion in China.”

About ShangPin
SHANGPIN – is the first full-price fashion retailer in China to offer current season designer and contemporary fashion brands to Chinese consumers throughout mainland China.  Since its founding in 2010, ShangPin has become the trusted online retailer for more than 5 million Chinese customers, offering an exceptional shopping experience and access to many brands from Lanvin to TOPSHOP. ShangPin prides itself on being an extraordinary brand partner, providing the branding, marketing services and local knowledge that foreign brands need to succeed in the Chinese market.  ShangPin’s principal investors include Chengwei Capital, Disney’s Steamboat Ventures, Morningside Ventures and Hillhouse Capital.  For more information, please visit us at www.shangpin.com.

About Arcadia Group Ltd
ARCADIA is the UK’s largest privately held fashion retail group. It is a fast-moving business comprising nine of the high street’s best known and most exciting fashion brands, including TOPSHOP and Miss Selfridge. Each of the Arcadia brands operates online with an ever-growing roster of concessions and international franchise outlets spanning Europe, the Far East and Middle East.

November 2014 sees the launch of a 40 000 sq ft TOPSHOP TOPMAN flagship on 5th Avenue in New York City, second only in size to the Oxford Circus home of the brands in central London.

Further information please contact Lillian Lee
lilin@shangpin.com or +86 186 4680 7779

For US media enquiries: Monique Krasniqi, KWITTKEN, mkrasniqi@kwittken, +1 646 747 0097

For UK media enquiries: Lydia Eden, KWITTKEN, leden@kwittken, +44 (0) 207 401 8001

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Shared Services for Charities Limited Selects ACL GRC to Streamline Internal Audit Processes

Business, CON, CPR, FIN, ITE, NPT

SINGAPORE, Aug. 6, 2014 /PRNewswire/ — ACL today announced that Shared Services for Charities Limited (SSC), a not-for-profit charitable organization that provides cost-effective professional services in the fields of independent review, policies and procedures documentation, and internal audit services for charities, has chosen ACL™ GRC in an effort to improve productivity. Cloud-based ACL GRC will enable SSC to streamline preparation of internal audit workpapers, implement an automatic tracking process, provide mobile access to reports, and securely archive all work.

Registered in Singapore, SSC turned to ACL to create a uniform and mobile internal auditing practice for its unique matrix of rotating auditors, many of whom serve on a volunteer basis. As a non-profit organization, SSC is motivated to do more with fewer resources. A steady increase in volume, combined with office-space constraints, has created challenges related to its use of manual processes, including spreadsheets, email, shared drives, and physical filing of workpapers.

In order to ensure data security, while allowing for a more mobile and up-to-date workflow, the organization was in search of a solution that would automate internal audit processes and modernize its overall approach. A secure, centrally accessible cloud-based audit management software solution was key to achieving these goals.

“Many of our auditors rotate in and out of different charities and are often producing reports on the go,” said Lilian Tay, Executive Director of SSC. “We needed a system that would create consistent reporting among our auditors, house all documentation in one place, and provide easy access in the cloud, regardless of a volunteer’s location.”

SSC strives to partner with charitable organizations to achieve better governance and organizational excellence, enabling them to focus on service delivery to their beneficiaries, while preserving the goodwill of the community.

“Charitable organizations are faced with high demands, but must meet these standards while operating within much more stringent budget constraints than many for-profit enterprises,” said Ross Paul, VP of Global Operations at ACL. “ACL GRC will allow SSC to focus on continuing to provide its quality services to charities and let the technology do the heavy lifting.”

To learn more about ACL GRC, visit www.acl.com/solutions/products/acl-grc/.

Supporting Resources:

About ACL
ACL delivers software solutions that are transforming audit, compliance, and risk management to give organizations unprecedented control over their business. www.acl.com

© 2014 ACL Services Ltd. ACL and the ACL logo are registered trademarks of ACL Services Ltd. All other company and product names are trademarks of their respective owners.

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Scoot selects UTC Aerospace Systems C.A.R.E. program for Boeing 787 maintenance

AIR, Aviation, CON, General

CHARLOTTE, N.C., Aug. 4, 2014 /PRNewswire/ — Scoot Pte. Ltd., a wholly-owned subsidiary of Singapore Airlines, has selected UTC Aerospace Systems to provide asset management and repair services for components on its Boeing 787 aircraft through a Comprehensive Accessory Repair and Exchange (C.A.R.E.) program agreement. UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE: UTX).

As part of the C.A.R.E. program agreement, UTC Aerospace Systems will provide inventory support and maintenance, repair and overhaul (MRO) services for 10 Boeing 787-9 and 10 787-8 aircraft to be operated by Scoot. Products supported under the agreement include air management systems, electric power generator and start systems, emergency power systems, fire suppression, sensors and lighting systems. The first of the 787-9 aircraft will be delivered to Scoot in November 2014.

“C.A.R.E. is a customized UTC Aerospace Systems service program that provides Scoot with comprehensive and proactive service they can count on,” said Brian Costa, vice president and general manager of Customer Service for UTC Aerospace Systems’ Aircraft Systems segment. “As Scoot transitions its fleet to the 787, we look forward to providing them with entry-into-service and maintenance support to keep their aircraft flying and performing optimally.”

UTC Aerospace Systems has had C.A.R.E. programs in place with Singapore Airlines to support multiple components on the airline’s Boeing 777 and Airbus A380 fleet since 2008.

Scoot Pte. Ltd., is a Singapore-based long-haul budget airline. It operates medium- and long-haul flights between Singapore and Sydney, Gold Coast, Bangkok, Taipei, Tokyo, Tianjin, Shenyang, Qingdao, Nanjing, Seoul, Hong Kong and Perth.

UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries. UTC Aerospace Systems supports a global customer base with significant worldwide manufacturing and customer service facilities.

United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries.

www.utcaerospacesystems.com

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