[By NBC-1TV H. J Yook]Openet, a global leader of transaction management software for network operators, today announced that a federal court in Alexandria, Virginia, has granted summary judgment for Openet in a lawsuit filed by Amdocs Limited. The court found that Openet software does not infringe Amdocs' patents. The suit, filed August 16, 2010, alleged that Openet infringed two U.S. patents owned by Amdocs. Two additional Amdocs patents were added to the case in January 2011. The suit sought money damages and an injunction against the sale of certain Openet products. After extensive discover
[By NBC-1TV H. J Yook]Celebrating the 200th anniversary of Citi, Citibank Korea Inc. offers special interest rate of up to 4.5%p.a.(before tax) to customers newly opening ‘Very Smart A+ Account’ by the end of December. The interest rates for ‘Very Smart A+ Account’ vary by the deposit period of respective deposit transaction. The interest rate of 0.1%p.a.(before tax) is applied for the deposit period of 1~30 days, 4.5%p.a.(before tax) for 31~121 days, and 3.0%p.a.(before tax) for after 121 days. The interest rate corresponding to the deposit period is applied to the daily closing balance of re
[By NBC-1TV H. J Yok]Coastal Energy Company (the “Company” or “Coastal”) (TSX:CEN) (AIM:CEO) announces the signing of a contract with a subsidiary of Atwood Oceanics, Inc. for the Manta jackup drilling rig for its operations in the Gulf of Thailand and offshore Malaysia. In accordance with the contract, Coastal will pay a $145,000 day rate throughout the 12 month firm duration. The Company anticipates delivery of the Manta by late November. Randy Bartley, President & Chief Executive Officer, commented: “We are pleased to announce the signing of this contract with Atwood and are eager to commen
[By NBC-1TV H. J Yook]INTL FCStone Inc. today announced that its investment banking division, formerly known as INTL Provident Group, will now operate under the name of INTL FCStone Securities Inc., which provides trading, market making, investment banking and corporate finance services to customers around the globe. Steven J. Carlson, head of Investment Banking at INTL FCStone Securities Inc., said, “The name change aligns our investment banking operations more closely with our parent company, INTL FCStone Inc., and creates a stronger connection in the minds of our customers between the inves
[By NBC-1TV H. J Yook]BIOTRONIK, a leading manufacturer of innovative medical technology, has surpassed its commitment to provide life-saving devices to more than 1,000 economically disadvantaged patients by 2013 earlier than anticipated. Through its partnership with Heartbeat International Foundation, Inc. (HBI), BIOTRONIK delivered 776 pacemakers and 405 implantable cardioverter-defibrillators (ICDs) in nearly 20 countries to date. Moreover with renewed support from BIOTRONIK, HBI is now expanding its international network to create new operational heart centers in additional countries such
[By NBC-1TV H. J Yook]Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that C1000, one of the largest retailers in the Netherlands, is using Descartes‘ new Validation Service. The service enhances C1000’s purchase-to-pay process by improving the accuracy of the data flowing through its supply chain. For many years, C1000 and Descartes have closely cooperated with the aim of optimizing C1000‘s EDI (Electronic Data Interchange) process. However, C1000’s supply chain challenges go beyond just EDI. As explained by E
[By NBC-1TV H. J Yook]Objectivity, Inc., the Big Data Connection Platform, announced today the release of InfiniteGraph 3.0. InfiniteGraph 3.0 raises the bar for the graph database market by bringing unrivaled performance and scalability to distributed environments with a completely new approach to querying and data navigation. InfiniteGraph 3.0 delivers a ten-fold increase in performance over previous versions enabling just-in-time Big Data analytics for some of the world's largest companies and organizations as they gather, analyze, and visualize the connections between complex data in order
[By NBC-1TV H. J Yook]The Alliance for Financial Inclusion‘s (AFI) 4th Annual Global Policy Forum (GPF) concluded today in Cape Town, South Africa with both fresh initiatives and new Maya Declaration Commitments being announced. Co-hosted by the South African Treasury, the forum marked the AFI Network’s return to the African continent for the first time since its opening meeting in Nairobi, Kenya in 2009. The GPF 2012 theme, ‘making financial inclusion real,’ was explored by participants comprised of senior policymakers, central bank governors, partners from international organizations and pri
[By NBC-1TV H. J Yook]As part of Songwon‘s commitment to provide customers with excellent service across the globe, the company launched on October 1, 2012, its completely new and significantly extended website – www.songwon.com. Customers will now benefit from easy access to comprehensive product data which is presented in a format that is user-friendly and can be easily understood. The new website is a result of the company’s decision to develop a consolidated market approach for all Songwon International Group entities in all regions. To make this happen, Songwon has embarked on a jou
[By NBC-1TV H. J Yook]The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that SBI Japannext has successfully launched a new NASDAQ OMX powered X-stream INET trading system. SBI Japannext, a Japanese PTS (Propriety Trading System), along with its members, will benefit from significant ultra-low latency and throughput capacity advantages by upgrading to the INET version of NASDAQ OMX's X-stream exchange technology—the most widely used marketplace trading system in the world. NASDAQ OMX's X-stream technology is deployed in 22 markets worldwide. X-stream is a multi-asset system that co