[By NBC-1TV H. J Yook]Bombardier Aerospace today announced that its purchase agreement with Abidjan-based airline, Air Cote d‘Ivoire, is now firm. The transaction, which was announced as a conditional purchase agreement on November 18 during the Dubai Airshow, covers two Q400 NextGen aircraft with options for an additional two. Air Cote d’Ivoire is the national airline of Ivory Coast. As previously announced, based on list price, the contract value for two firm-ordered Q400 NextGen aircraft is approximately $69 million US. Should the two options be converted to firm orders, the contract value
[By NBC-1Tv H. J Yook]SES (NYSE Paris:SESG) (LuxX:SESG) announced today that Thailand’s IPMTV is leasing additional capacity and extending its current capacity contract beyond 10 years. The broadcaster will also migrate from SES’ NSS-6 satellite to the newly-launched SES-8 satellite. SES-8 was successfully launched by SpaceX from Cape Canaveral, Florida on 3 December 2013, and will be co-located with NSS-6 at the prime orbital location of 95 degrees East. The deal allows IPMTV, an established satellite TV provider, to continue to expand its reach of four million TV households in Thailand. It c
[By NBC-1TV H. J Yook]BWise, a NASDAQ OMX company and the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, today announced 2013 achievements that set the course for next year. “Since BWise was acquired by The NASDAQ OMX Group in May 2012, we have extended and increased our scale for client service, product R&D and integration as well as sales on a global basis. This year has been a very positive year as we are now beginning to leverage the power and the benefits fueled by the acquisition. In 2013 we made strategic business and solution enhancements to
[By NBC-1TV H. J Yook]FlexTrade Systems, an international leader in multi-asset execution and order management systems, today announced that ICICI Securities, an integrated financial services firm in India, has extended its agreement to use the FlexTRADER EMS for trading equities, options and futures. “Algorithmic solutions constitute of some of the key services that our domestic and foreign institutional clients demand. By on-boarding FlexTrade, we in ICICI Securities will continue to make investments in this space, and strengthen our ability to deliver best execution capabilities,” said Mr.
[By NBC-1TV H. J Yook]General Cable Corporation (NYSE: BGC) announced today preliminary selected estimated results for the third quarter ended September 27, 2013. These results are considered preliminary due to the additional time needed to finalize the Company’s restated financial statements for the prior periods described below (see “Other Matters”). Due to the timing and ongoing preparation of the restated financial statements, the Company has provided only selected financial data tables in this press release. Estimated adjusted operating income in Europe and ROW, specifically Asia Pacific
[By NBC-1TV H. J Yook]TransRe today announced that it has received a license from the Monetary Authority of Singapore for its fifth office in the region, joining Hong Kong, Shanghai, Sydney and Tokyo. Paul Bonny, TransRe’s President of Europe & Asia Pacific said, “Over the past 35 years we have built our global network of offices to better serve local insurers and brokers by combining local knowledge and relationships with global experience and insights. Asia’s insurance growth and market penetration continues at an incredible pace and Singapore is ideally positioned as a reinsurance center. I
[By NBC-1TV H. J Yook]Supertex (NASDAQ: SUPX), a recognized leader in high voltage analog and mixed signal integrated circuits (ICs), today introduced the MD1823, a high-speed four channel MOSFET driver designed to drive high voltage N- and P-channel MOSFETs for medical ultrasound imaging applications and other applications requiring a high output current for a capacitive load. The MD1823 features a clock input pin to help realign the input control pins to a master clock signal. This will help minimize delay time errors and clock jitter. A logic input pin, BPS, can be tied high for users not w
[By NBC-1TV H. J Yook]Bombardier Aerospace today announced the appointment of Éric Martel as President, Bombardier Business Aircraft. Mr. Martel succeeds Steve Ridolfi, who last week was appointed Senior Vice President, Strategy and Mergers and Acquisitions, Bombardier Inc., reporting to Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc. Both of these appointments are effective January 1, 2014. “I extend my heartfelt congratulations to Steve on his new position and wish him continued success,” said Guy C. Hachey, President and Chief Operating Officer, Bombardier Aer
[By NBC-1TV H. J Yook]Business Wire today announced the opening of a full-service office in Hong Kong, reaffirming its commitment to personalized local service coupled with unparalleled global reach. The new office is Business Wire's third in Asia, and 32nd worldwide. Working with various partners, Business Wire has had representative sales offices in the region for more than a dozen years. The decision to open its own dedicated office is in response to its many multinational corporate and agency clients eager to have a direct Business Wire relationship. “Hong Kong possesses a sophisticated co
[By NBC-1TV H. J Yook]Exalt Communications, Inc., the leading innovator of next-generation packet microwave backhaul systems, today announced the appointment of Gregory Marzullo as senior vice president of worldwide sales with responsibility for sales, channels, professional services, and support. Mr. Marzullo has over 25 years of experience developing and leading go-to-market initiatives which have secured over $1 billion in contracts for start-up and multinational organizations in the Americas, Asia-Pacific, and EMEA regions. “Greg‘s background and extensive sales management experience are p