Wednesday, January 4, 2012

BWI: Dion Global Solutions Acquires Controlling Stake in Swissrisk Financial Systems

Press release from Business Wire India
Source: Dion Global Solutions Limited
Wednesday, January 04, 2012 11:00 AM IST (05:30 AM GMT)
Editors: General: Economy; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Stock exchanges; Technology
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Dion Global Solutions Acquires Controlling Stake in Swissrisk Financial Systems
Global Financial Services Software Solutions Company takes Majority Stake in European Banking Software Specialist

New Delhi, Delhi, India, Wednesday, January 04, 2012 -- (Business Wire India) -- Dion Global Solutions (Dion) (BSE: 526927), today announces that it has acquired a controlling stake in Frankfurt-based Swissrisk Financial Systems (Swissrisk). The stake represents the next step in Dion's strategy to become the leading provider of a comprehensive, diversified suite of solutions to financial markets worldwide.

Swissrisk's strength in continental Europe provides Dion with a platform for growth with presence and strong client base in Germany, Luxembourg, Spain and Switzerland. Swissrisk has supported dealing rooms and traders for over 25 years and also has the ability to provide bespoke client solutions in the payments, securities and funds industry. Through Dion's global network, Swissrisk will be able to expand its offering to new geographies and offer its clients a wider, deeper range of solutions.

The acquisition will also enable Dion to use Swissrisk's workflow and messaging engine, X-Gen to integrate seamlessly Dion's products both internally and externally with clients' internal systems, thus facilitating true STP across the entire spectrum of buy and sell side operations.

Ralph Horne, Global CEO & Managing Director, Dion said, "Swissrisk represents a strategic partnership to us. The combined domain expertise of both companies as well as the highly complementary suite of products greatly enhances our portfolio of solutions. It means that Dion can offer a truly integrated, global suite of products across the financial services industry."

Andreas Wagner, CEO, Swissrisk commented, "Dion is a world-class expanding company. The partnership offers us access to their global network as well as their comprehensive suite of solutions. This means we can both expand our reach outside our traditional markets and offer our clients fully integrated solutions."

Notes to Editors:

About Dion Global Solutions

Dion Global Solutions has a portfolio of cutting-edge solutions and services for the international financial markets. We provide clients with the technology they need to do business in whichever geography and across all operational areas.

Our solutions cover portfolio management, trading, settlement, risk management, analytics, treasury and research services. Through our aggressive acquisition strategy, Dion Global Solutions has expanded rapidly to accommodate and serve its international client base.

With more than 660 clients in over 62 countries, our deep domain expertise and considered approach to our clients' businesses make us a trusted partner. For more information visit www.dionglobal.com

About Swissrisk Financial Systems

Swissrisk Financial Systems is a European banking software specialist with headquarters in Frankfurt and regional sales and delivery offices in London, Luxembourg and Madrid. Swissrisk has supported dealing rooms and traders at key institutions within financial markets as well as offering a proven approach for providing bespoke client solutions and successful project implementations in the payments, securities and funds industry for over 25 years. For more information visit www.swissrisk.com



CONTACT DETAILS
Imran Majid, Metia, + 44 (0) 203 100 3545, imran.majid@metia.com
Kaustubh Chandra, Dion Global Solutions, +91-9654451021, mediarelations@dionglobal.in

KEYWORDS
ECONOMY, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, STOCK EXCHANGES, TECHNOLOGY

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Tuesday, January 3, 2012

BWI: Sify named to NASDAQ Global Select Market

Press release from Business Wire India
Source: Sify Technologies Limited
Tuesday, January 03, 2012 08:09 PM IST (02:39 PM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
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Sify named to NASDAQ Global Select Market


Chennai, Tamil Nadu, India, Tuesday, January 03, 2012 -- (Business Wire India) -- Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Managed Networks and IT Services in India with growing global delivery capabilities, today announced that trading of the company's shares of common stock will be upgraded to the NASDAQ Global Select Market.

The NASDAQ Global Select Market, one of the three market tiers at NASDAQ, is recognized as the highest financial listing standards in the world, with measures including market value, liquidity and earnings. Qualifying for NASDAQ Global Select Market is a mark of achievement, leadership, credibility, high ethical standards and stature for companies. Pursuant to the acknowledgement, Sify Technologies has been notified by NASDAQ that its securities will be listed on this market effective today, January 3, 2012.

"We are proud to receive this recognition from NASDAQ, a market applying the most stringent financial listing standards and corporate governance in the world," said Mr. M P Vijay Kumar, Chief Financial Officer, Sify Technologies Limited. "This is a significant acknowledgement of our Board's consistent pursuance of ethical corporate governance, financial and business practices; a strategy that has delivered continued growth despite fluctuating global economic challenges." Mr. M P Vijay Kumar concluded.

More details on NASDAQ Global Select Market can be accessed here

About Sify Technologies

Sify is among the largest Managed Networks and IT Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching more than 667 cities and towns in India. A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications, voice and hosting. Sify is a recognized ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 - 1:2005 and ISO/IEC 27001:2005 certified for Internet Data Center operations. Sify has also established a credible reputation in the emerging Cloud Computing market and is today regarded as a thought leader in the domain. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and also offers VoIP back haul to long distance subscriber telephony services. The company is India's first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services.

Sify also caters to global markets in the specialized domains of eLearning Services and Remote Infrastructure Management Services.

Sify Software was established with the cumulative experience gained over the last decade in Infrastructure Management, Data centre Operations and the business of Connectivity. It aims to be a solutions company that provides applications and services to improve business efficiencies of its current clients and prospect client bases.

Commercial & Consumer services include broadband home access and the ePort cyber café chain across more than 243 cities and towns in India. Very recently, Sify also introduced a whole host of services for the retail consumer on the Consumer cloud platform, thereby becoming among the first to do so in India. Today, the scope of the Commercial and Consumer services has been broadened to target the SMB/SOHO markets. The consumer services also operate two of the most popular portals in India, Sify.com and Samachar.com.

For more information about Sify, visit www.sifycorp.com

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify's business, please see the discussion under the caption "Risk Factors" in the company's Annual Report on Form 20-F for the year ended March 31, 2011, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify's other reports filed with the SEC.



CONTACT DETAILS
Mr. K. V. Kasturi, Investor Relations, Sify Technologies Limited, +91(44)2254-0777 (ext. 2114), kasturi.bashyam@sifycorp.com
Mr. Praveen Krishna, Corporate Communications, Sify Technologies Limited, +91(44)22540777 (extn.2055), praveen.krishna@sifycorp.com
Ms. TrĂșc Nguyen, Grayling Investor Relations, +1-646-284-9400 (ext. 418), truc.nguyen@grayling.com
Mr. Christopher Chu, Grayling Investor Relations, +1-646-284-9400 (ext. 426), christopher.chu@grayling.com

KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY

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BWI: Akash Verma’s Second Book ‘Three Times Loser ....Love Never Dies’ Released

Press release from Business Wire India
Source: Mavcomm Consulting Pvt. Ltd.
Tuesday, January 03, 2012 06:45 PM IST (01:15 PM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Publishing & printing
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Akash Verma's Second Book 'Three Times Loser ....Love Never Dies' Released


New Delhi, Delhi, India, Tuesday, January 03, 2012 -- (Business Wire India) -- After stirring a lot of buzz & the bestseller success of his debut novel 'It Happened that Night', eminent author Akash Verma has launched 'Three Times Loser ....Love Never Dies'. The book is published by Srishti Publishers.

The book is entwined around the lives of three ladies- Megha, Mandira, Shonali and a guy Alok, entrancing in a journey of love and camaraderie, sacrifice and abhorrence, triumph and failure and aspirations and heart-breaks, meandering through the lanes of Paliwal Park in Agra to Lucknow University campus to the studios of the dazzling Smile FM station in Delhi, ultimately consummating in the serene locales of Mussorie.

It all begins with the three ladies in different corners of the earth busy in their own lives, one fine day getting a letter from their lost lover, who has a surprise waiting for them and requests them to meet in Mussorie at the same faithful date. Will they simply throw away their letters out of the windows or decide to re-visit their lost lover? Why did he call them all at the same time? Will he be fourth time lucky? The powerful yet lucid narrative goes on to answer many such questions.

Speaking about his book, Akash Verma, says, "My profession in the creative world opened new avenues and stirred my imagination. It helped me to look into the simple yet significant things of life in a new light which we otherwise tend to take for granted. This triggered me to pen down my understanding of life by fabricating storylines which mirrors our daily life. My first book 'It Happened That Night' was a result of such myriad thoughts and the response from the readers was really encouraging. Through my next book also I have tried to reflect the manifestation of love, sacrifice and triumph in a modern milieu. I hope the readers will find the story line fascinating and the characters will make it an interesting read."

Putting his creative instincts to work, Mr. Verma takes the route of a subtle narration captivating the readers in the realm of the simple yet significant things of life. The book explores and demystifies the definition of love while giving a definitive perspective and answers to complex issues of life like friendship, relationship, dreams, desire and more. All intertwined together with an intriguing & captivating story line, the plot is beautifully contrived till the climax when the protagonist takes a stand which he will never regret in the entirety of time.

About the author:

Akash Verma is a management graduate and the co-founder of an Advertising Venture that he started a year before. In his sixteen year old professional career, he has worked across the leading companies in the FMCG and media sector. His work has taken him across the country and he finds this experience very relevant while giving shape to his stories. Akash took up to writing fiction in 2001 and he attributes this sudden urge towards writing to his compelling passion in understanding human relationships and behavior. He has a deep interest in music, history and travel. This is his second novel after his last work 'It Happened That Night' which was the National Bestseller. Akash is currently based in Gurgaon, India.



CONTACT DETAILS
Neeraj Atri, Mavcomm Consulting Pvt. Ltd., +91 9811714871, n.atri@mavcommgroup.com

KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, PUBLISHING

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BWI: Defence Institute Invites UNIKEN to Showcase VPSI Security Technology

Press release from Business Wire India
Source: UNIKEN
Tuesday, January 03, 2012 09:00 AM IST (03:30 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Defence & security, Information technology, Major diversified industrial groups; Technology
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Defence Institute Invites UNIKEN to Showcase VPSI Security Technology


Pune, Maharashtra, India, Tuesday, January 03, 2012 -- (Business Wire India) -- Defence Institute of Advanced Technology (DIAT) - a Deemed University, recently conducted a workshop on "Challenges in Cloud Computing" at the DAIT campus in Girinagar, Pune. The event was attended by DRDO scientists, leading defence and security experts, students and prominent OEMs.

After the introductory talk by Dr. Prahlada (Vice Chancellor, DIAT) the keynote address was delivered by Mr. V S Mahalingam (Director, CAIR). Mr. Tarang Salgia (CTO, VPSI Business Unit, Uniken) later discussed the challenges of security in a cloud computing environment and showcased Uniken's cutting-edge, next-generation technology platform - Virtual Private Secure Internet (VPSI) - as a comprehensive framework for Secure Enterprise Cloud Applications and its relevance to Defence.

Mr. Salgia's talk covered various aspects of Private Secure Cloud Computing ecosystems, including risks, threats and solution requirements. He highlighted key advantages and challenges of setting up a private secure cloud infrastructure including end-point security, channel encryption, mutual authentication, multi-factor authentication (including biometric), data leakage prevention and data security threats from internal and external sources.

"The VPSI innovation by Uniken is a fundamentally alternative approach to information security. This provides a military-grade framework for secure communication over the internet. CIOs and leading security experts are increasingly opting for the VPSI platform. We already have over 600,000 users with leading enterprises across the globe on the VPSI platform. Uniken's first Indian implementation of this technology at Bank of India recently won the 'C-Change Enterprise Awards 2011' for 'Best Security Implementation'", informed Mr. Jayadeep Apte from Uniken's Global Leadership Team.

ABOUT UNIKEN

Uniken is a technology firm, specializing in developing cutting edge innovative technology products in the field of security, computing and communications. Over past eight years Uniken has built an evolving, dynamic, innovation ecosystem, with more than 100+ members. It has successfully researched, developed and commercialized innovations, including its flagship VPSI security technology with more than 600,000 enrolled users. Uniken was incorporated in Boston (USA) in 2003 by senior professionals who formerly worked for GE, Infosys and TCS. Members of Uniken's Scientific Advisory Board include Dr. Whitfield Diffie (pioneer of PKI and Cryptography) and Dr. Pat Shankar (Security Advisor to US Dept. of Defense). For more details, visit www.uniken.com



CONTACT DETAILS
Mr. Nikhil Khatri (Deputy Manager Marketing, UNIKEN), UNIKEN, +91 9881489689/66427970/71, nikhil.khatri@uniken.com

KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, DEFENCE, IT, GROUPS, TECHNOLOGY

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Monday, January 2, 2012

BWI: SITA Systems to Reduce check-in Queues in Kathmandu

Press release from Business Wire India
Source: SITA
Monday, January 02, 2012 01:00 PM IST (07:30 AM GMT)
Editors: General: Consumer interest, Travel & tourism; Business: Business services, Information technology, Travel & tourism; Technology
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SITA Systems to Reduce check-in Queues in Kathmandu


New Delhi, Delhi, India, Monday, January 02, 2012 -- (Business Wire India) -- The Civil Aviation Authority of Nepal has signed a seven-year agreement with SITA, the air transport IT specialist, to tackle check-in queues at the country's main gateway, Tribhuvan International Airport and to support its efforts to attract more tourists to the country.

Long queues are a consequence of the lack of airline common-use facilities at the airport which receives 85% of Nepal's tourism traffic. With the introduction of SITA's common-use platform AirportConnect Open queues will be reduced and passenger flow through the airport will greatly improve because check-in areas can be used more efficiently. SITA AirportConnect Open is being implemented initially at 24 check-in counters, later expanding to 36.

Ratish Chandra Lal Suman, General Manager, Tribhuvan International Airport, said: "We selected SITA after an extremely competitive international bidding process. This upgrade to our check-in facilities is timely as we have seen record levels of passenger traffic this year with the heavy promotion of Nepal Tourism Year.

"And passenger numbers are expected to grow further from now until April, the peak tourism period in Nepal. There was a real boom last year when international airlines serving the country grew their passenger volumes by over 20% and we hope this trend will continue."

Maneesh Jaikrishna, SITA Country Director for India and Subcontinent, said: "Airlines, airports and governments have increasingly complex requirements. They need consistent passenger processing, reduced congestion and improved passenger flows. AirportConnect Open will provide Tribhuvan International Airport with the flexibility to cope with peaks in traffic during the busiest times of the year for tourism and trade. SITA is very pleased to contribute towards making Nepal a first-class holiday destination."

Notes to Editors:

About SITA


SITA is the world's leading specialist in air transport communications and IT solutions. SITA delivers and manages business solutions for airline, airport, GDS, government and other customers over the world's most extensive network, which forms the communications backbone of the global air transport industry.

SITA's portfolio includes managed global communications, infrastructure and outsourcing services, as well as services for airline commercial management and passenger operations, flight operations, aircraft operations and air-to-ground communications, airport management and operations, baggage operations, transportation security and border management, cargo operations and more.

With a customer service team of over 2,000 staff around the world, SITA invests significantly in achieving best-in-class customer service, providing integrated local and global support for both its communications and IT application services.

SITA has two main subsidiaries: OnAir, which is the leading provider of in-flight connectivity, and CHAMP Cargosystems, the world's only IT company dedicated solely to air cargo. SITA also operates two joint ventures providing services to the air transport community: Aviareto for aircraft asset management and CertiPath for secure electronic identity management.

SITA is one of the world's most international companies. Its global reach is based on local presence, with services for more than 500 air transport industry members and 2,700 customers in over 200 countries and territories. Set up in 1949 with 11 member airlines, SITA today employs people of more than 140 nationalities, speaking over 70 different languages. SITA had consolidated revenues of over US$1.46 billion in 2010.

For further information go to www.sita.aero

About CAAN/TIACAO

Civil Aviation Authority of Nepal (CAAN) was established as an autonomous regulatory body on 31 December 1998 under Civil Aviation Act, 1996. CAAN has been set up with the objective of making aviation safe, regular, standard and efficient. Its prime goal is to ensure flight safety and sustainability of civil aviation. It has the responsibilities of constructing, operating and maintaining airports. Besides, it has also to equip the airports with necessary communications and navigational facilities.

Tribhuvan International Airport(TIA) owned and operated by CAAN/Civil Aviation Office (TIACAO), is the only international airport in the country and is the gateway of Nepal by air route. More than 85 % of the tourists arrive in Nepal by air. Thus, TIA is the first destination of tourists in Nepal.

The Tribhuvan International Airport (TIA), situated 5.56 km east of Kathmandu city is in the heart of the Kathmandu Valley. TIA is amid the confluence of three ancient cities viz. Kathmandu, Bhaktapur and Patan, rich in their art and culture not only gifted for their temples and pagoda - but above all they possess smiling men and women, the pride of the nation. Hence TIA not only has flourished as the main hub for every expanding business of the country but has proudly catered to various domestic and international airlines.

CAAN/TIACAO Contact
Er. Ratish Chandra Lal Suman
General Manager
Civil Aviation Authority of Nepal
Tribhuvan International Airport
Civil Aviation Office
Gaucher, Kathmandu
Nepal

Tel: +977-1-4113033
Fax: +977-1-4113180
Email: planstat@tiairport.com.np


CONTACT DETAILS
Vishwendra Verma, Marketing Manager- India and Subcontinent, SITA, +91 (124) 4193930/ +91 9650017018, vishwendra.verma@sita.aero

KEYWORDS
CONSUMER, TOURISM, BUSINESS SERVICES, IT, TRAVEL, TECHNOLOGY

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