Tuesday, September 29, 2009

BWI: Ritchie Bros. Auctioneers Successfully Holds First Unreserved Public Equipment Auction in India

Press release from Business Wire India
Source: Ritchie Bros.
Tuesday, September 29, 2009 12:49 PM IST (07:19 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Retailers; Technology
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Ritchie Bros. Auctioneers Successfully Holds First Unreserved Public Equipment Auction in India
Company Welcomes New Customers to First Ever India Auction

Hyderabad, Andhra Pradesh, India, Tuesday, September 29, 2009 -- (Business Wire India) -- Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, successfully held its first unreserved public equipment auction in India on Friday, September 25, 2009. An international crowd of bidders, both on-site and online, purchased hundreds of equipment items for more than Rs. 17,43,40,000 at the one day unreserved sale in Hyderabad.

"It was a great auction," said Sameer Malhotra, Country Manager for Ritchie Bros. Auctioneers. "We welcomed hundreds of visitors to the auction site, of which more than 200 registered to bid. Even though we welcomed so many new customers, they felt comfortable placing bids and clearly came to Hyderabad to buy equipment. Everyone at the auction, including our own staff, enjoyed the excitement of the first ever Ritchie Bros. auction in India and this resulted in a fantastic atmosphere."

Bidders participated in the unreserved public auction from all over India, as well as many other countries around the world. Customers from as far away as the United Arab Emirates, Japan, Lebanon, Singapore, Thailand and Canada purchased trucks and equipment at the auction.

"This auction proves that the Indian market is ready for our unreserved equipment auctions," said Guylain Turgeon, Managing Director for Ritchie Bros. Auctioneers. "People came in great numbers and were very excited to be part of the event. In the 30 years I've been working at Ritchie Bros., I've never experienced such overwhelming reactions from a crowd as I've experienced at our first auction in India.

"The bidders had no problem keeping up with the fast pace of the auctioneer and our bid catchers. It's pretty unique that so many new bidders participated so actively in a first-ever Ritchie Bros. auction in a country. Many of them successfully became the highest bidder and purchased equipment and trucks at fair market value. We're looking forward to conducting another unreserved public auction in India soon."

Ritchie Bros. Auctioneers, established in 1958, conducts hundreds of unreserved auctions each year around the world. At an unreserved auction, there are no minimum bids or reserve prices. Every item is sold to the highest bidder on auction day, regardless of price.

About Ritchie Bros.

Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. The Company has over 110 locations in more than 25 countries including 39 auction sites worldwide. Ritchie Bros. sells, through unreserved public auctions, a broad range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. The Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com.

Investors and potential investors should note that this information may not be indicative of the overall financial performance of the Company for this or any period.


CONTACT DETAILS
Sameer Malhotra, Country Manager, Ritchie Bros. Auctioneers, +91 (11) 41414444, smalthotra@rbauction.com
Alexander Ypeij, Communications Specialist Europe, Ritchie Bros. Auctioneers, +31.765.242.600, aypeij@rbauction.com
Kim Schulz, Manager, Corporate Communications, Ritchie Bros. Auctioneers, +1.604.788.5379, kschulz@rbauction.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, RETAIL, TECHNOLOGY

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BWI: LSI Enhances Flagship Engenio 7900 Storage System

Press release from Business Wire India
Source: LSI Corporation
Tuesday, September 29, 2009 12:24 PM IST (06:54 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology; Technology
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LSI Enhances Flagship Engenio 7900 Storage System
New High-density Enclosure, Solid-state drive Support and iSCSI Host Interface Increase Operational Efficiency in both Physical and Virtual Environments

Bangalore, Karnataka, India, Tuesday, September 29, 2009 -- (Business Wire India) -- LSI Corporation (NYSE: LSI) today enhanced the LSIT Engenio® 7900 storage system with a state-of-the-art, high-density SATA drive enclosure, solid-state drive (SSD) support and iSCSI host interface support. Advanced storage monitoring and reporting capabilities are also available for LSI storage systems through Tek-Tools Storage Profiler®. Together, these enhancements are designed to help customers optimize storage performance, reduce operational costs and more efficiently manage both physical and virtual environments.

"Cost-effective midrange storage is becoming the centerpiece of the data center, helping IT managers confront soaring data growth, escalating energy bills and flat budgets," said Phil Bullinger, executive vice president and general manager, Engenio Storage Group, LSI. "The Engenio 7900 system incorporates innovative features that help customers lower costs, improve energy efficiency and realize the full benefits of virtualization technology."

The Engenio 7900, based on the seventh-generation system architecture from LSI, is the flagship member of the LSI Engenio family of modular storage systems. The system provides scalability and adaptability features that protect overall storage investments and support large-scale virtualization and consolidation projects. New features and enhanced capabilities include:

-- The high-density Engenio DE6900 SATA drive enclosure, which is capable of housing 60 3.5-inch SATA drives in a 4U space. The enclosure's front-loading drive drawers are designed to be easily serviceable and maintain data availability by keeping drives online while the drawer is open. The enclosure provides 2.8 times greater density compared to the current sixteen-drive enclosure, enabling a 480TB system to reside within a standard 19-inch rack. The increased density reduces power consumption by more than 30 percent and floor space by more than 65 percent.

-- Support for enterprise-class STEC ZeusIOPS SSDs, which can deliver nearly 80 times the IOPS (input/output operations per second) performance of traditional drives, enabling a new tier of storage for the most demanding workloads. Using SSDs can lower power consumption by up to 80 percent and reduce the required amount of rack space while delivering equal performance on an IOPS basis.

-- Support for tiered storage area networks (SAN-tiering) via multi-protocol SAN connectivity which enables the concurrent intermixing of a new dual-ported 1Gb/s iSCSI host interface card with 4Gb/s and 8Gb/s Fibre Channel host cards. Mixing Fibre Channel and iSCSI host cards allows less-demanding applications to run on servers using lower-cost iSCSI interfaces, producing as much as a 57 percent savings in infrastructure costs. Multi-protocol SAN connectivity is also available on the recently introduced Engenio 4900 storage system.

-- Deeper visibility into the performance and capacity utilization of Engenio storage systems using an enhanced version of Tek-Tools Storage Profiler. Leveraging the advanced monitoring and reporting capabilities of Storage Profiler, IT managers can create a holistic view of their virtual and physical environment to identify and resolve problems in real-time and increase operational efficiency.

The LSI Engenio 7900 storage system is currently available to OEM customers. More information is provided at www.lsi.com/Engenio7900.

About LSI

LSI Corporation (NYSE: LSI) is a leading provider of innovative silicon, systems and software technologies that enable products which seamlessly bring people, information and digital content together. The company offers a broad portfolio of capabilities and services including custom and standard product ICs, adapters, systems and software that are trusted by the world's best known brands to power leading solutions in the Storage and Networking markets. More information is available at www.lsi.com.

Editor's Notes:

-- All LSI news releases (financial, acquisitions, manufacturing, products, technology, etc.) are posted on the company's external website, http://www.lsi.com.

-- LSI, the LSI & Design logo and Engenio are trademarks or registered trademarks of LSI Corporation.

-- All other brand or product names may be trademarks or registered trademarks of their respective companies.


CONTACT DETAILS
Rony Rajan, 20:20 MEDIA, +91 9980162010, rony@2020india.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, TECHNOLOGY

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BWI: Roamware Solution Achieves Deployment Milestone

Press release from Business Wire India
Source: Roamware Inc.
Tuesday, September 29, 2009 11:43 AM IST (06:13 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications; Technology
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Roamware Solution Achieves Deployment Milestone
Network Traffic Redirection Solution Now Benefits More than Two Hundred Operator Networks

San Jose, California,, United States, Tuesday, September 29, 2009 -- (Business Wire India) -- Roamware, Inc., a global leader in mobile roaming software and solutions, today announced that its market leading solution Network Traffic Redirection (NTR) solution, now benefits more than 200 mobile networks globally. The figure is a milestone for Roamware which has nearly 400 mobile operator networks customers worldwide.

Roamware's Network Traffic Redirection (NTR), is an innovative solution that enables mobile operators to proactively influence their outbound roamers' choice of mobile networks when roaming. This service enables operators to direct roamers to their preferred partners, assuring service quality for their subscribers and allowings operators to retain revenues within operator groups.

John Jiang, EVP & Chief Technical Officer at Roamware, said "Our philosophy with products has not just been to offer solutions but also to ensure that the customers experience continuous return on their investment. While we pioneered the solution and hold patents around NTR, we are continuously adding value to the original solution in form of value-added module that further extends the returns from the solution. "

Richard Grohol, EVP for Worldwide Field Operations at Roamware Inc., commented, "NTR has been around for several years but we are still experiencing sustained demand for the solution. We have a number of customers upgrading to the latest version 6.1 and also subscribing to the OTA-integrated redirection and Advanced Subscriber Profiler value-added modules that we have introduced."

About Roamware Inc

Roamware Inc. is the leading provider of roaming and mobile financial services solutions.

The company is the global leader in mobile roaming solutions with an estimated 60% market share of the voice and data roaming segments for GSM, 3G and CDMA technology platforms. Roamware m-commerce and mobile banking solutions have been successfully deployed by major banks and global operators around the world, including: Vodafone, Permanent TSB and Bank of Ireland. Its solutions range from credit transfers, international remittance, person to person transactions to top-up and bill payment. Roamware solutions are deployed across 140 countries with over 380 global mobile operator networks as customers. The company is headquartered in San Jose with operations in Brussels, Bangalore, Mumbai, New Delhi Singapore, Dublin, Johannesburg, Amman and Hong Kong.

For more information about Roamware, please visit: http://www.roamware.com


CONTACT DETAILS
Michelle Sabolich, US - Atomic PR, +1 415 402 0230, Michelle.Sabolich@atomicpr.com
Vojtech Horna, Europe - Atomic PR, +44 (0)20 7282 2901, Vojtech.Horna@atomicpr.com
Ameya Sirur, Asia - Gutenberg PR, +91 (22) 26055745, ameya@gutenbergpr.com
Abraham Punnoose, VP - Marketing and Business Development, Roamware Inc, +91 9967927777, Abraham.punnoose@roamware.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY

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BWI: ‘Bigg Boss’ Gets Bigger with ‘Big B’ Playing ‘Pop Philosopher’

Press release from Business Wire India
Source: COLORS
Tuesday, September 29, 2009 11:05 AM IST (05:35 AM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Advertising, PR & marketing, Media & entertainment
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'Bigg Boss' Gets Bigger with 'Big B' Playing 'Pop Philosopher'
Bigg Boss' on Colors, starting October 4th from 9.00 to 10.00 p.m. - Everyday!

Mumbai, Maharashtra, India, Tuesday, September 29, 2009 -- (Business Wire India) -- After keeping millions of Indian households glued-on to 'Bigg Boss Season 2' last year, COLORS (a Viacom18 brand), India's most popular channel, today announced the launch date of 'Bigg Boss' season 3 - the show starts airing on October 4th at 9.00 p.m., everyday.only on COLORS. And this year, 'Bigg Boss' gets even bigger, with the big boss of bollywood, Amitabh Bachchan, playing 'Pop Philosopher'. Mr.Bachchan will be appearing on the show, twice every week - on Fridays and Saturdays. Big Boss Season 3 will also make its presence felt on television through a special music trailer with a song sung by none other than Big B Amitabh Bachchan himself set to music by the talented musical duo Vishal-Shekhar.

Speaking of the development, Rajesh Kamat, Chief Executive Officer - COLORS, said, "Our channel share and reach in the 9.00 to 10.00 p.m. block has increased significantly over the last 6 weeks. With 'Bigg Boss' at this time slot, we're confident of further strengthening our position in this block, leading to a wider gap between COLORS and the other players in the GEC category." He further added, "It is our honour to have Mr.Bachchan on-board and we look forward to him providing his inimitable touch to one of our most popular format shows."

In this season of Bigg Boss, Mr. Bachchan will be playing the role of 'Pop Philosopher' - a unique concept that will be one of the differentiators of this season. As 'Pop Philosopher', Big B will bridge the gap between 'Bigg Boss' participants and viewers - through contextualising events, simplifying emotions and most importantly, analysing developments that happen within the 'Bigg Boss' house.

Every Friday, Mr. Bachchan will be interacting with all housemates and announcing the eviction. Further, every Saturday, Mr. Bachchan will be talking to the evictee for an hour - trying to analyze and de-code his/her emotional journey in the Bigg Boss house.

Talking of his association with 'Bigg Boss', Mr. Bachchan commented, "This is one show that has intrigued me immensely as a viewer - its format, its contestants and the psychological battle within the house. That intrigue, coupled with the unique concept that COLORS shared with me for this season, excited me to be a part of 'Bigg Boss' this year." He further added, "I am looking forward to my role that gives me the unique opportunity to help viewers decode emotions and comprehend simple philosophies of life (without getting philosophical)."

Talking about this season, Ashvini Yardi, Programming Head - COLORS, added, "There have been many new elements added in this season of 'Bigg Boss' that are sure to make this season, even bigger and better. Apart from an interesting mix of 'housemates' (that have been chosen, based on our viewers' choice), Mr.Bachchan's presence twice a week in an exciting role, will make for compelling viewing."

On this occasion Mr. Deepak Dhar MD Endemol India says: "We are immensely proud of our property Big Boss, this is the third season running and with Mr. Bachchan on board this season we have raised the bar up for reality shows in India.With this new addition to Big Boss we are sure to revolutionize reality TV."

'Bigg Boss' presents the unique combination of reality and real unscripted drama. It is the ultimate reality show where 14 handpicked strangers are locked in a house, for close to 85 days - with 35 cameras following their every move 24x7 and Bigg Boss, the ultimate authority in the house who ensures that their stay is anything but comfortable. As the 14 hand picked contestants vie with each other to survive in the Bigg Boss house, irritation, backbiting and backstabbing reach its prime. This is one show that brings out the best and the worst side of contestants.

Last year, on Season 2 of Bigg Boss, 70 million viewers watched the show over a period of 3 months.

DON'T FORGET TO TUNE-IN FOR 'BIGG BOSS' Season 3 ON COLORS STARTING OCTOBER 4th AT 9.00 P.M.

About 'COLORS'

'COLORS' is Viacom18's (a 50/50 joint venture operation in India between Viacom Inc. (NYSE: VIA, VIA.B) and the Network18 Group) flagship brand in the entertainment space in India. A combination of 'emotions' and 'variety', COLORS launched on 21st July 2008 offers an entire spectrum of emotions to its viewers. From Fiction shows to Format shows to Reality shows to Blockbuster Movies - the basket contains all 'Jasbaat Ke Rang'. 'COLORS' is dedicated to promoting 'Cohesive viewing', through programmes like Sabki Jodi Wohi Banata.Bhagyavidhata, Maat Pita Ke Charnon Mein.Swarg, Jai Shri Krishna, Balika Vadhu- Kacchi Umar Ke Pakke Rishtey, Jeevan Saathi, Meri Ghar Aayi Ek Nanhi Pari, Uttaran, Na Aana Is Des Laado, Fear Factor - Khatron Ke Khiladi Level 2, Bigg Boss Season 3, Chhote Miyan Chapter 2 & I00 % amongst others. 'COLORS' is a pay channel and is available as a part of the 'One Alliance' bouquet.

About Viacom 18 Media Pvt. Ltd.

Viacom 18 Media Pvt. Ltd. is a 50/50 joint venture operation in India between Viacom Inc. (NYSE: VIA, VIA.B, world's leading entertainment content company, comprising brands like BET, MTV Networks and Paramount Pictures) and the Network18 Group, (one of India's leading full play media conglomerates with interests in television, internet, filmed entertainment, mobile content & allied businesses, comprising brands like CNBC TV18, CNBC Awaaz, Newswire18, moneycontrol.com, CNN-IBN, IBN 7, Homeshop18 and E18 amongst others). The joint venture includes leading brands across television, film and digital media to build one of India's leading multimedia entertainment powerhouse. Viacom 18 Media Pvt. Ltd. includes the vibrant youth brand - MTV, the fastest growing kids channel - Nick, India's only International Music & Lifestyle channel - Vh1 , Studio18, a new-age motion picture brand that produces, acquires and distributes Hindi films and 'COLORS' the new Hindi general entertainment channel.

Viacom18 brings together the unique strengths of two formidable partners, thus forming an entertainment conglomerate that will have a competitive advantage in serving the needs of both viewers and advertisers.

About Endemol India Private Limited

Launched in February 2006, Endemol India is the first Asian subsidiary of Endemol N.V. Since its launch, Endemol India has seen rapid growth in the Indian market and has cemented its place in the Indian television industry through formats like 'Big Brother', 'Fear Factor India', 'Deal Ya No Deal' and 'Heart Beat'. Additionally, Endemol India has created and produced local blockbuster formats such as 'The Great Indian Laughter Challenge', 'Mission Ustaad', "Jo Jeeta Wohi Superstar' and 'The Great Indian Laughter Champions'. The content that Endemol India creates comprises Scripted, Non-scripted and Digital Media.

About Endemol

Founded in 1994, Endemol is a global leader in entertainment programming, having established itself as the largest independent TV, cross platform and digital production company in the world. The company produces worldwide hits like Fear Factor Extreme, Big Brother, Deal or No Deal, Extreme Makeover: Home Edition, Star Academy and Wipeout.

Endemol comprises a global network of companies that spans 25 countries on five continents including the USA, the UK, Spain, Italy, France, Germany and the Netherlands, as well as Latin America, India, South Africa and Australia.

Endemol produces premium entertainment for the world's major broadcasters and digital media platforms - including mobile and internet - as well as creating bespoke branded entertainment for the world's major advertising agencies and brands. The company annually distributes approximately 36,000 hours of programming from over 500 different shows in almost 60 countries. Their digital successes include over 300 million online video views - just for Big Brother in 2008. Endemol is also behind numerous award winning original digital productions among many other growing online accomplishments.

The company's creative teams around the world are continuously developing new entertainment properties that are shared across the Endemol network. Endemol currently has a growing library of over 2000 titles covering all genres including entertainment, game shows, reality TV, kids programming, animation, comedy and drama.

Media Contacts:

COLORS

Sonia Huria - Manager, Communications
COLORS
+91 989244 7777
sonia.huria@viacom18.com

Margerie Ferrao - Exécutive, Communications
COLORS
+91 9820003731
Margerie.ferrao@viacom18.com

Gina Ghosh
IPAN Hill & Knowlton
+91 98197 45154
gina.ghosh@ipan.com

Shilpi Saire Deshpande
IPAN Hill & Knowlton
+91 9920787090
shilpi.deshpande@ipan.com

Prerna Gulati
IPAN Hill & Knowlton
+ 91 99203 04305
prerna.gulati@ipan.com

Hinjal Veera
IPAN Hill & Knowlton
+91 9892745252
hinjal.veera@ipan.com

Endemol

Cindrella Prakash
vitcom consulting
+91 9821718951
cindrella.prakash@vitcomconsulting.com

To view the photograph, click the link below:

Amitabh Bachchan
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/PIC1(66).jpg
PIC1(66).jpg



KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, MARKETING, MEDIA

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BWI: TiE-ISB Connect 2009 to Focus on New Ways to Engage Venture Capital Firms; 4 New Tracks to Highlight Starting a New Venture and Raising Funds through the Seed to the Growth Stage

Press release from Business Wire India
Source: TiE-ISB
Tuesday, September 29, 2009 11:05 AM IST (05:35 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Education & training, Media & entertainment, Retailers
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TiE-ISB Connect 2009 to Focus on New Ways to Engage Venture Capital Firms; 4 New Tracks to Highlight Starting a New Venture and Raising Funds through the Seed to the Growth Stage
Features Top 30 VC Firms and 4 New Tracks

Hyderabad, Andhra Pradesh, India, Tuesday, September 29, 2009 -- (Business Wire India) -- The 5th edition of India's most exciting Annual networking event for entrepreneurs and investors TiE-ISB Connect 2009 will feature 30 top Venture Capital Firms with a focus on sharing new ways to engage VC's. The event will also feature 3 exciting new tracks highlighting issues 'starting a new venture and raising funds through the seed to the growth stage of the company. The event (www.tie-isbconnect.com) will be held on October 22nd and 23rd, 2009 at Hotel Marriott Hyderabad.

The response to the event has been incredibly positive, with attendance growing from year after year. Over the last 4 years the event attracted over 1000 business plans and over 50 Venture Capitalists representing the core and sunrise industries. We are pleased to be on the radar already for a number of business leaders and big investors who are keen to attend the event, said Dr. Ramesh Babu, President TiE Hyderabad Chapter.

Making the announcement, J A Chowdary, Member Board of Trustees, TiE Global, said the theme for this Year TiE-ISB Connect 2009 "The Crisis will pass..Will You, addressing real issues" is timely. Our objective in this edition is to address the issue of 'Surviving and Succeeding' in difficult times and bring together first-time and seasoned entrepreneurs with investment community to explore the opportunities and challenges in the current economic times.

Highlights

Opening Day October 22, 2009

-- Jumpstart to your Venture
-- Funding and Operational Challenges During Seed Stage
-- Taking India Forward
-- Company Showcase

Day 2 October 23, 2009

-- Next 800 Million Opportunity
-- Funding and Operational Challenges during Series A/B
-- VC Connect

TiE-ISB Connect during the last 4 years has also held several rounds of mentoring sessions helping many entrepreneurs to refine their strategies and business approaches. Of the 350 entries for business plans received last year there are nearly 13 companies, which are in last stage talks with VCs and are likely to receive funding.

Registrations for the event are open. To register log on to http://tie-isbconnect.com/register-tieisb.php. TiE-ISB Connect 2009 (www.tie-isbconnect.com) is organized by the TiE, Hyderabad Chapter and the Wadhwani Centre for Entrepreneurship Development (WCED), ISB. TiE-ISB Connect enables interaction of aspiring entrepreneurs, early-stage ventures, and growth-stage ventures with potential investors, successful entrepreneurs and mentors.


CONTACT DETAILS
Sheela Panicker, enRight PR, +91 9849809594, enright@enrightpr.com

KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, EDUCATION, MEDIA, RETAIL

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