Techtronic Industries Announces Re-Designation of Dr. Roy CHUNG JP as Vice Chairman
Marvell Announces Support for UMPC Platform
SANTA CLARA, California, April 19 /PRNewswire/ --
- Company Leverages Power Management and Design Expertise to Deliver WLAN
Support to Hotly Anticipated Ultra Mobile PC Platform
Marvell (Nasdaq: MRVL), the leader in storage, communications and
consumer silicon solutions, today announced that the Company's industry
leading WLAN products fully support the Intel(R) Ultra Mobile PC (UMPC)
initiative (codenamed McCaslin). The Marvell(R) 88W8686 WLAN processor is an
excellent solution for the UMPC platform with incredibly low total system
power -- drawing less than 400mW -- and the smallest total WLAN footprint
available -- less than 50 mm2. The 88W8686 WLAN processor also supports a
variety of operating systems including Linux, Microsoft Windows Vista and
Windows XP.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070411/SFW034LOGO )
The UMPC platform was designed to offer full PC capabilities and "always
on" connectivity in a small, thin and light platform. The small footprint,
ultra-low power of the 88W8686 WLAN processor will enable UMPC users to have
the ultimate mobile experience with instant access to content and information
in a perfectly portable formfactor.
"We see a growing opportunity for the UMPC platform, bridging the gap
between notebooks and high end smart phones," said Iain Gillott, principal
analyst, iGR. "Since good battery life is critical to the success of any
mobile device, UMPC devices will require low-power solutions such as WLAN
chips from Marvell Semiconductor."
"Marvell is thrilled to offer continued support for the Intel UMPC
initiative," said Dr. Paramesh Gopi, Vice President and General Manager of
the Embedded and Emerging Business Unit, Communications and Consumer Business
Group at Marvell. "The UMPC platform represents a radical change in the level
of productivity road warriors can expect. The Marvell 88W8686 WLAN gives our
customers the ability to dramatically enhance battery life over traditional
notebook designs."
For further information about these products please contact a Marvell
sales representative or distributor through the Company's website at:
http://www.marvell.com/sales/index.jsp.
About Marvell
Marvell (Nasdaq: MRVL) is the leader in development of storage,
communications, and consumer silicon solutions. The company's diverse product
portfolio includes switching, transceiver, communications controller,
wireless and storage solutions that power the entire communications
infrastructure including enterprise, metro, home and storage networking. As
used in this release, the terms "Company" and "Marvell" refer to Marvell
Technology Group Ltd. and its subsidiaries, including Marvell Semiconductor
Inc. (MSI), Marvell Asia Pte Ltd (MAPL), Marvell Japan K.K., Marvell Taiwan
Ltd., Marvell International Ltd. (MIL), Marvell U.K. Limited, Marvell
Semiconductor Israel Ltd. (MSIL), RADLAN Computer Communications Ltd., and
Marvell Semiconductor Germany GmbH. MSI is headquartered in Santa Clara,
California and designs, develops and markets products on behalf of MIL and
MAPL. MSI may be contacted at +1(408)222-2500 or at http://www.marvell.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995:
This release contains forward-looking statements based on projections and
assumptions about our products and our markets, including the features and
benefits of the Marvell 88W8686 WLAN product. Words such as "anticipates,"
"expects," "intends," "plans," "believes," "seeks," "estimates," "may,"
"will," "should," and their variations identify forward-looking statements.
Statements that refer to, or are based on projections, uncertain events or
assumptions also identify forward-looking statements. These statements are
not guarantees of results and are subject to risks and uncertainties. Some
risks and uncertainties that may adversely impact the statements in this
release about the products described in this release include, but are not
limited to, the performance, capabilities and customer acceptance of products
including the 88W8686. For other factors that could cause Marvell's results
to vary from expectations, please see the sections titled "Additional Factors
That May Affect Future Results" in Marvell's annual report on Form 10-K for
the fiscal year ended January 29, 2006 and Marvell's subsequent reports on
Form 10-Q. We undertake no obligation to revise or update publicly any
forward-looking statements.
Marvell(R) is a registered trademark of Marvell or its affiliates.
Other names and brands may be claimed as the property of others.
For Further Information Contact:
Diane Vanasse
Marvell Public Relations
+1-408-242-0027
dvanasse@marvell.com
Web site: http://www.marvell.com
Marvell
Diane Vanasse of Marvell Public Relations, +1-408-242-0027, dvanasse@marvell.com / Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070411/SFW034LOGO / AP Archive: http://photoarchive.ap.org / PRN Photo Desk, photodesk@prnewswire.com
Koor Industries to Complete Sale of Sheraton Moriah on April 26, 2007
TEL AVIV, Israel, April 19 /PRNewswire-FirstCall/ -- Koor Industries Ltd. ("Koor") a leading Israeli holding company announced today, following the agreement announced on December 17, 2007 between Koor and Azorim Development and Construction Co. Ltd. for the sale of Koor's entire 56.5% shareholding in Sheraton Moriah Israel Ltd., and additional press releases issued on the agreement since, that the parties to the agreement agreed that the closing of the transaction will be on April 26, 2007.
The closing of the transaction is still subject to the fulfillment of certain conditions precedent and the receipt of certain confirmations outlined in the agreement.
About Koor Industries
Koor Industries is a leading Israeli holding company, focusing on high-growth, internationally-oriented, Israeli companies. Koor actively invests in agrochemicals through Makhteshim Agan Industries; in telecommunications through its holdings in ECI Telecom, ECTel and Telrad Networks; and in venture capital through Koor Corporate Venture Capital. Koor's ADSs (American Depositary Shares) are traded on the New York Stock Exchange and Koor's Ordinary Shares are traded on the Tel Aviv Stock Exchange .
Company contact IR Contacts
Oren Hillinger, Finance Director Ehud Helft / Kenny Green
Koor Industries Ltd. GK Investor Relations
Tel: +972-3-607-5111 Tel: 1-866-704-6710
Fax: +972-3-607-5110 Fax: +972-3-607-4711
oren.hillinger@koor.com info@gkir.com
Forward looking statements in this release involve a number of risks and uncertainties including, but not limited to, international market conditions, domestic political factors, technological developments, ability to finance operations, and other factors which are detailed in the Company's SEC filings.
Koor Industries Ltd
CONTACT: Company contact, Oren Hillinger, Finance Director, Koor
Industries Ltd., Tel: +972-3-607-5111, Fax: +972-3-607-5110,
oren.hillinger@koor.com; IR Contacts, Ehud Helft / Kenny Green, GK Investor
Relations, Tel: 1-866-704-6710, Fax: +972-3-607-4711, info@gkir.com
Gemalto Ranked as Leading Supplier of e-Passport Programs by Keesing Journal of Documents & Identity
AMSTERDAM, April 19 /PRNewswire/ --
- Gemalto Supplies at Least 30% of the Visa Waiver Program Nations and
the US
Gemalto (Euronext NL0000400653 GTO), a world leader in digital
security, is positioned as the no.1 supplier in the Annual Report
E-passports 2006-2007 of Keesing Journal of Documents & Identity.
While the estimate at the end of last year predicted 40
countries (including 27 VWP9(1) nations) were to be deploying electronic
passport programs, that number has now almost doubled to 70 nations. The
report also indicates that last year estimate of the volume of e-passports to
be issued by the VWP nations is around 30 millions on an annual basis, while
overall annual volume in a couple of year's time is estimated at around 100
million.
The Keesing report states that Gemalto supplies at least 30% of VWP
nations and also the US, and is the leading vendor in the market.
<< Governments around the world require a trusted partner able
to deliver products certified to the most stringent levels and also with the
ability to design custom, easy-to-use electronic passport solutions >>, says
Olivier Piou, chief executive officer of Gemalto, << Gemalto is able to
manage any part of or the whole value chain in the e-passport management
process. From designing highly secure electronic passport, manufacturing and
binding the booklets, using a powerful microprocessor and designing the
embedded software for biometric identification, to implementation of the
issuance and personalization system. Gemalto is also able to provide
governmental agencies with enrolment software and equipment for capturing and
digitizing the data, picture and signature and complete border control
systems supporting the new European standard to be adopted to protect
biometric information>>.
The Gemalto electronic passport technology includes a highly
secure operating system software and encryption algorithms working inside a
contactless microprocessor incorporated into the passport's cover. The
microcontroller is embedded in a module that is highly resistant to damage.
Gemalto's e-passport references in 2006 include:
- France : First French documents were delivered in April last
year, and within 5 months more than one million had been issued - a world
record for the industry. At the end of 2006 a total of 2 million were
delivered.
- The United States of America: In August, the US Government
Printing Office (GPO) placed its first order with Gemalto. The GPO and the
U.S. Department of State that evaluated the Gemalto solution confirmed that
it fully satisfies their mandatory requirements for privacy protection,
security, durability, manufacturing yield, transaction speed and
communications performance.
- Estonia: In October the Estonian authorities announced that
Gemalto would provide them with a comprehensive turnkey e-passport solution.
First deliveries started in early 2007.
- Portugal, Poland, Czech Republic, Denmark, Latvia and
Slovenia also selected Gemalto's travel document solutions in 2006.
Prior e-passport references include Russia and Singapore.
Gemalto aims at making each interaction between citizens and
public sector organizations more secure, easier and private. Security,
durability and reliability of exchanges and the protection of citizens'
privacy are essential when it comes to digital identity. Gemalto supports key
identity applications such as e-visas, e-passports and other international or
national identification initiatives as well as governmental agencies programs
dedicated to healthcare and social security. Gemalto's in-depth knowledge of
secure identity solutions and services, its expertise in ID management and
industrial security processes and its undisputable list of worldwide
references positions the company as a preferred partner for governments.
More information on Keesing Journal at www.keesingfightfraud.com
About Gemalto
Gemalto (Euronext NL 0000400653 GTO) is a leader in digital security
with pro forma 2006 annual revenues of EUR1.7 billion, operations in about
100 countries and more than 10,000 employees including 1,500 R&D engineers.
In a world where the digital revolution is increasingly transforming our
lives, Gemalto's solutions are designed to make personal digital
interactions more convenient, secure and enjoyable.
Gemalto provides end-to-end digital security solutions, from the
development of software applications through design and production of secure
personal devices such as smart cards, SIMs, e-passports, and tokens to the
management of deployment services for its customers. More than a billion
people worldwide use the company's products and services for
telecommunications, financial services, e-government, identity management,
multimedia content, digital rights management, IT security, mass transit and
many other applications.
As the use of Gemalto's software and secure devices increases
with the number of people interacting in the digital and wireless world, the
company is poised to thrive over the coming years. Gemalto was formed in June
2006 by the combination of Axalto and Gemplus. For more information please
visit www.gemalto.com.
(1) Visa Waiver Program
Gemalto
Media
Emmanuelle Saby
T: +33-1-55-01-57-27
M: +33-6-09-10-76-10
Emmanuelle.saby@gemalto.com
Investor Relations
Stéphane Bisseuil
T: +33-1-55-01-50-97
M: +33-6-86-08-64-13
Stephane.bisseuil@gemalto.com
TBWA\Corporate
Emlyn Korengold
T: +33-1-49-09-66-51
M: +33-6-08-21-93-74
emlyn.korengold@tbwa-corporate.com
Gemalto
Gemalto, Media: Emmanuelle Saby, T: +33-1-55-01-57-27, M: +33-6-09-10-76-10, Emmanuelle.saby@gemalto.com; Investor Relations: Stéphane Bisseuil, T: +33-1-55-01-50-97, M: +33-6-86-08-64-13, Stephane.bisseuil@gemalto.com; TBWA\Corporate, Emlyn Korengold, T: +33-1-49-09-66-51, M: +33-6-08-21-93-74, emlyn.korengold@tbwa-corporate.com
ModeLabs Group - Communiqué de presse - Chiffre d'affaires: En hausse de 16,8% au premier trimestre 2007
PARIS, April 19 /PRNewswire/ --
- Accroissement du chiffre d'affaires On Demand(1) : + 64,1 %
ModeLabs Group (code "MDL", code ISIN : FR0010060665, SBF 250),
le créateur de mobiles sur mesure (CDM - Customized Design
Manufacturer), a réalisé un chiffre d'affaires consolidé de 55 millions
d'euros au 31 mars 2007 en hausse de 16,8 % par rapport
au 31 mars 2006, ou de 12,1% à périmètre constant.
en millions d'euros T1 2007 T1 2006 variation
Mobiles 37,7 37,8 -0,2%
Accessoires 16,9 8,5 99,8%
Services 0,4 0,8 -56,2%
Total 55,0 47,1 16,8%
On Demand 13,2 8,0 64,1%
Custom 16,3 15,5 5,4%
Standard 25,5 23,6 8,1%
Total 55,0 47,1 16,8%
Total à périmètre constant 55,0 49,1 12,1%
Le périmètre constant inclut ModeLabs Technologies Ltd
(ex-Innovi Technologie Ltd), 3 mois en 2006.
La poursuite du fort accroissement du chiffre d'affaires de
l'activité On Demand (+ 64,1 %) confirme l'axe de développement suivi par le
groupe : un positionnement sur les marchés segmentés à forte valeur.
Les chiffres d'affaires des activités Custom et Standard sont
en progression respective de 5,4% et 8,1 %. Ils sont générés par les ventes
des mobiles et d'accessoires de nos partenaires constructeurs (Motorola,
Nokia, Samsung, Sony Ericsson, ...).
Commentaires sur l'activité du premier trimestre 2007
Accessoires : + 99,8%
La forte progression du chiffre d'affaires Accessoires est
portée par les filiales basées en France, à Hong-Kong et en Grande-Bretagne.
Leur performance s'illustre essentiellement par la part croissante des ventes
de produits Bluetooth Standard et On Demand.
La croissance organique est de 61,0% entre le premier
trimestre 2006 et le premier trimestre 2007.
Mobiles : - 0,2 %
Le chiffre d'affaires mobiles au 31 mars 2007 apparaît au
total en ligne avec celui du 31 mars 2006 suite aux effets conjugués de la
forte croissance des ventes de mobiles On Demand (+ 166%) et du retrait des
ventes de mobiles Standard (-14%).
Poursuite de la croissance de l'activité On Demand : + 64,1 %
La forte croissance du chiffre d'affaires On Demand est tirée
par les ventes de mobiles et d'accessoires sous licence et sous marque
propre.
En particulier, le groupe a poursuivi les ventes de ses
produits lancés au quatrième trimestre 2006 et procédé au lancement de la
troisième offre sous licence de marque AIRNESS, fin janvier 2007 : le MK99.
La filiale américaine, ModeLabs Inc., a enregistré au cours de
ce trimestre ses premières ventes de mobiles On demand sous licence de marque
Body Glove sur les marchés chilien et vénézuélien.
Stéphane Bohbot, Président du Directoire a déclaré :
<< La forte augmentation de nos activités On Demand portée par
le succès croissant des offres sous licence confirme encore le positionnement
de Modelabs Group sur ces marchés segmentés. Nous allons continuer notre
déploiement sur ce nouveau marché et préparons nos lancements de produits sur
des territoires élargis avec un portefeuille de marques en expansion. Comme
nous l'avions annoncé, nous devrions connaître une accélération de nos
revenus sur la deuxième moitié de l'année. >>
Prochains rendez-vous
4 juin 2007 Assemblée Générale des Actionnaires
19 juillet 2007 Chiffre d'affaires du deuxième trimestre 2007
A propos de ModeLabs Group
ModeLabs Group, créateur de l'offre << Mobile On Demand >>TM,
est un acteur de la nouvelle génération du secteur de la téléphonie mobile
(CDM - Customized Design Manufacturer). Il conçoit, développe et distribue de
façon intégrée et flexible des téléphones mobiles, des accessoires et des
services à destination d'opérateurs, de distributeurs et de marques grand
public.
Grâce à la combinaison de son expertise marketing, de son
savoir faire technologique pointu et de son organisation "fabless" flexible,
ModeLabs Group répond au besoin croissant de segmentation du marché des
Telecom en donnant l'opportunité à des marques grand public, des
opérateurs/MVNO ou des distributeurs de créer leur propre gamme de téléphones
mobiles, d'accessoires et de services.
ModeLabs Group est une société cotée sur l'Eurolist d'Euronext
- Paris
(code "MDL", code ISIN : FR0010060665, SBF 250).
www.modelabs.com
Contacts
Relations Investisseurs Relations Presse
Françoise Grand Bruno Lorthiois
ModeLabs Group Alexis Nugues
Tel: +33-1-43-12-12-12 HDL Communication
francoise.grand@modelabs.com Tel : +33-1-58-65-00-72
blorthiois@hdlcom.com
Glossaire :
On-Demand :
Mobiles, accessoires et services développés sur mesure par ModeLabs Group
pour créer des produits premium exclusifs pour les marques et MVNO.
Custom :
Mobiles et accessoires OEM (Origine constructeur), dont
ModeLabs Group assure le conditionnement, le marketing, la promotion et/ou la
vente.
Standard :
Mobiles et accessoires OEM (Origine constructeur)
commercialisés par ModeLabs Group par le biais de son réseau de distribution.
(1) Mobiles, accessoires et services développés sur mesure par ModeLabs
Group pour créer des produits premium exclusifs pour les marques et MVNO.
ModeLabs
Relations Investisseurs, Françoise Grand, ModeLabs Group, Tel: +33-1-43-12-12-12, francoise.grand@modelabs.com; Relations Presse, Bruno Lorthiois, Alexis Nugues, HDL Communication, Tel : +33-1-58-65-00-72
Gemalto premier fournisseur mondial de programmes de passeports électroniques selon le Keesing Journal of Documents & Identity
AMSTERDAM, April 19 /PRNewswire/ --
- Gemalto fournit les Etats-Unis et plus de 30% des pays relevant du
programme d'exemption de visa (Visa Waiver Program)
Gemalto (Euronext NL0000400653 GTO), leader de la sécurité numérique,
occupe la première place des fournisseurs de passeports électroniques,
d'après le << Annual Report E-Passports 2006-2007 >> de Keesing(1).
Fin 2006, on estimait à 40 le nombre de pays (y compris les 27
pays du VWP-Visa Waiver Program) qui allaient déployer des programmes de
passeports électroniques. Ce nombre a déjà quasiment doublé en passant à 70
pays. Le rapport indique également qu'environ 30 millions de passeports
électroniques ont été mis en circulation dans les pays éligibles au VWP en
2006, et que, dans quelques années, environ 100 millions de ces documents
seront produits tous les ans.
Le rapport Keesing rappelle que Gemalto est leader sur ce marché et qu'il
fournit au moins 30% des pays bénéficiaires du VWP, ainsi que les Etats-Unis.
<< Les administrations du monde entier ont besoin d'un
partenaire de confiance, capable de fournir des produits certifiés avec un
niveau d'exigence élevé, mais aussi de concevoir des solutions de passeports
électroniques personnalisés et faciles d'utilisation >>, déclare Olivier
Piou, directeur général de Gemalto.
<< Gemalto est capable de prendre en charge tout ou partie de
la chaîne de valeur du passeport électronique. De la conception de documents
hautement sécurisés, à la fabrication et à l'impression des passeports qui
intègrent un microprocesseur puissant et un logiciel embarqué pour
l'identification biométrique, jusqu'à la mise en oeuvre du système de
personnalisation et d'émission. Gemalto est également capable de fournir aux
agences gouvernementales les logiciels d'administration et l'équipement
nécessaire pour enregistrer et numériser les données, la photographie et la
signature. Ses solutions soutiennent les systèmes de contrôle aux frontières
en se conformant au nouveau standard européen en cours d'adoption et qui vise
à protéger les données biométriques. >>
La technologie de passeport électronique Gemalto s'appuie sur
un système d'exploitation hautement sécurisé et des algorithmes de
chiffrement sur un microprocesseur sans contact, placé dans la couverture du
passeport. Le microcontrôleur est incorporé dans un module particulièrement
résistant.
En 2006, Gemalto a multiplié ses références :
- En France, les premiers documents ont été livrés en avril.
En 5 mois, plus d'un million de passeports ont été remis - un record mondial
dans l'industrie. Fin 2006, Gemalto avait livré 2 millions de documents au
total.
- Aux Etats-Unis, le Government Printing Office (GPO) a passé
sa première commande à Gemalto en août. Le GPO et le Département d'Etat
américain ont évalué la solution Gemalto et confirmé qu'elle satisfaisait
entièrement aux exigences réglementaires concernant la protection de la vie
privée, la sécurité, la durabilité, la capacité de production, la vitesse de
transaction et la performance des communications.
- En octobre, les autorités estoniennes ont annoncé que
Gemalto leur fournirait une solution de passeport électronique complète clef
en main. Les premières livraisons ont eu lieu début 2007.
- Le Portugal, la Pologne, la République Tchèque, le Danemark,
la Lettonie et la Slovénie ont également sélectionné les solutions de
documents de voyage de Gemalto en 2006.
Gemalto comptait déjà parmi ses autres références la Russie et
Singapour.
Gemalto vise à rendre les interactions entre les citoyens et
l'Etat plus sûres, plus faciles et plus confidentielles. La sécurité, la
pérennité et la confiance dans les échanges et la protection de la vie privée
des citoyens sont des exigences incontournables quand on évoque l'identité
numérique. Gemalto développe toutes les applications d'identité majeures,
qu'il s'agisse des visas et des passeports électroniques ou de toutes autres
initiatives d'identification nationale ou internationale, ainsi que des
systèmes de santé et de sécurité sociale. La maîtrise parfaite de Gemalto en
matière de solutions d'identité, de services et de procédés de fabrication
sécurisés, son expertise unique dans la gestion des informations
confidentielles et ses prestigieuses références mondiales font de
l'entreprise le partenaire privilégié des administrations.
Pour plus d'informations sur le Keesing Journal :
www.keesingfightfraud.com
À propos de Gemalto
Gemalto (Euronext NL 0000400653 GTO) est un leader de la
sécurité numérique avec un chiffre d'affaires pro forma 2006 de 1,7 MdEUR,
des opérations dans quelque 100 pays et plus de 10 000 salariés dont 1 500
ingénieurs de Recherche & Développement.
Dans un monde où la révolution numérique transforme de plus en
plus notre vie quotidienne, les solutions de Gemalto sont conçues pour rendre
les interactions numériques personnelles plus conviviales, plus sûres et plus
agréables.
Gemalto propose des solutions de sécurité numérique intégrées,
depuis le développement d'applications logicielles jusqu'à la conception et
la production de dispositifs de sécurité numérique comme les cartes à puce,
cartes SIM, passeports électroniques ou tokens, ou encore la gestion et le
déploiement de services pour ses clients.
Nos produits et services sont utilisés par plus d'un milliard
de personnes à travers le monde pour diverses applications, notamment dans
les télécommunications, les services financiers, l'e-gouvernement, la gestion
des identités, le contenu multimédia, la gestion des droits numériques, la
sécurité informatique et les transports en commun.
Parce que l'utilisation de ses logiciels et dispositifs
sécurisés augmente avec le nombre de personnes qui interagissent dans le
monde numérique et sans fil, Gemalto est aujourd'hui idéalement positionné
pour croître dans les années à venir. Gemalto est issu du rapprochement en
juin 2006 entre Axalto et Gemplus. Pour plus d'informations, visitez notre
site internet www.gemalto.com
(1) Le Keesing Journal of Documents & Identity est une revue
bimestrielle sur les évolutions actuelles en matière de sécurisation de
documents. Cette revue est publiée par la société Keesing Reference Systems,
fournisseur spécialisé d'outils et de solutions permettant à des
organisations à travers le monde entier de vérifier l'authenticité de
documents d'identité et de billets de banque.
Gemalto
Media
Emmanuelle Saby
T: +33-1-55-01-57-27
M: +33-6-09-10-76-10
Emmanuelle.saby@gemalto.com
Relations Investisseurs
Stéphane Bisseuil
T: +33-1-55-01-50-97
M: +33-6-86-08-64-13
Stephane.bisseuil@gemalto.com
TBWA\Corporate
Emlyn Korengold
T: +33-1-49-09-66-51
M: +33-6-08-21-93-74
emlyn.korengold@tbwa-corporate.com
Gemalto
Contact: Gemalto, Media, Emmanuelle Saby, T: +33-1-55-01-57-27, M: +33-6-09-10-76-10, Emmanuelle.saby@gemalto.com; Relations Investisseurs, Stéphane Bisseuil, T: +33-1-55-01-50-97, M: +33-6-86-08-64-13, Stephane.bisseuil@gemalto.com; TBWA\Corporate, Emlyn Korengold, T: +33-1-49-09-66-51, M: +33-6-08-21-93-74, emlyn.korengold@tbwa-corporate.com
Linear Technology Announces $3 Billion Accelerated Stock Repurchase Transaction
MILPITAS, Calif., April 18 /PRNewswire-FirstCall/ -- Linear Technology Corporation (NasdaqGS:LLTC) today announced that it has entered into an agreement to purchase $3 billion of its outstanding shares of common stock in a privately negotiated accelerated stock repurchase transaction with a third- party financial institution (the "repurchase counterparty"). The Company will finance the repurchases with existing cash and the proceeds of its recently announced convertible note offerings. The repurchase transaction will be conditioned on the closing of the Company's $1.7 billion convertible note offerings.
Robert H. Swanson, founder and Executive Chairman, said, "Over the last twenty-five years we have built a strong profitable analog franchise. During this period we have grown entirely organically without any Company acquisitions and have accumulated roughly $2.0 billion in cash. We believe that our best investment continues to be ourselves, Linear Technology Corporation. Accordingly, we plan to purchase $3.0 billion of Linear stock in this transaction."
"This substantial share repurchase underscores our belief in Linear's future," said Lothar Maier, Linear's CEO. "Repurchasing stock at this time represents an opportunity to use our strong cash position, together with some leveraging of our strong cash flow, to enhance long-term shareholder value."
Under the accelerated stock repurchase transaction, the Company will purchase $3 billion of shares of Linear common stock from the repurchase counterparty, with the exact number of shares of Linear common stock with respect to the first $1.5 billion to be determined based on the daily volume weighted average price of Linear common stock over an approximately three month period expected to commence shortly after closing of the Company's $1.7 billion convertible note offerings and with the exact number for the remaining $1.5 billion to be determined based on the daily volume weighted average price of Linear common stock (subject to a per share floor price and cap price resulting in a purchase by the Company under that part of the accelerated stock repurchase program of no fewer than approximately 38.9 million shares of common stock and not more than approximately 42.5 million shares of common stock) over the subsequent approximately six month period. Pursuant to the terms of the accelerated stock repurchase transaction, the repurchase counterparty will deliver to Linear the first approximately 47.2 million shares of Linear common stock purchased on April 24, 2007. In addition, on each of May 30, 2007 and June 30, 2007, pursuant to the terms of the accelerated share repurchase transaction, the repurchase counterparty will deliver to Linear approximately 12.5 million shares of Linear common stock. On each of these dates, the repurchased shares will be retired, and Linear's outstanding shares used to calculate earnings per share will be immediately reduced by the number of shares repurchased. At the conclusion of the approximately three month period expected to commence shortly after closing of the Company's $1.7 billion convertible note offerings, as a purchase price adjustment of the prepayment with respect to the first portion of the accelerated stock repurchase transaction, Linear may deliver to the repurchase counterparty, or the repurchase counterparty may deliver to Linear, shares of Linear common stock. The number of shares of Linear common stock to be delivered in connection with such purchase price adjustment, and the party to whom such shares are delivered, will be determined based upon the volume weighted average price of Linear common stock over such three month period. Thereafter, at the conclusion of the subsequent approximately six month period, the repurchase counterparty will deliver to Linear the excess, if any, of the final number of shares to be repurchased under the second portion of the accelerated stock repurchase transaction over the aggregate number of shares of common stock previously delivered with respect to that portion of the accelerated stock repurchase transaction.
The repurchase counterparty has advised Linear that, in connection with establishing its initial hedge of the accelerated stock repurchase transaction, it or its affiliate expects to enter into various derivative and/or common stock purchase transactions in secondary market transactions concurrently with or shortly after entering into the accelerated stock repurchase transaction. The repurchase counterparty or its affiliate is likely to modify such hedge position by entering into or unwinding various derivative transactions with respect to Linear common stock and/or by purchasing or selling Linear common stock in secondary market transactions prior to final settlement of the accelerated stock repurchase transaction. In addition, during the term of the accelerated stock repurchase transaction, which is expected to last approximately nine months, the repurchase counterparty or its affiliate will purchase shares of Linear common stock in connection with the accelerated stock repurchase transaction.
This press release contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, whether or not Linear will consummate the accelerated stock repurchase transaction and various events that could result in early termination of the program.
Linear and the Linear logo are registered trademarks of Linear Technology Corporation. All other trademarks or registered trademarks are the property of their respective owners.
For further information contact Paul Coghlan at Linear Technology Corporation, 1630 McCarthy Blvd., Milpitas, California 95035-7417, (408) 432-1900.
Linear Technology Corporation
CONTACT: Paul Coghlan, Vice President, Finance of Linear,
+1-408-432-1900
Web site: http://www.linear.com/
Platts Energy Advantage Wins SIIA Codie Award for 'Best Vertical Market Business Content Solution'
BOULDER, Colo., April 18 /PRNewswire/ -- Platts, the world's leading energy information provider, announced that Platts Energy Advantage, a web- based data-delivery and analytical platform that integrates proprietary and third-party energy market information for trend analyses and other applications, has been awarded "Best Vertical Market Business Content Solution" by the Software & Information Industry Association (SIIA) at its 22nd Annual Codie Awards gala last night in San Francisco, California.
The Codie Awards, so named to represent the "code" language of the digital software industry, incorporates both journalist and peer-company reviews to identify the leaders and innovators in 75 categories across the software, digital content and education technology industries.
"We welcome the recognition of our peers and the press, and we are honored by the fact that they and the SIIA, like our customers, appreciate the transparency and efficiency that Platts brings to the energy industry and marketplace with Platts Energy Advantage. It is a powerful and unparalleled data-delivery and analyses solution designed to help users make smarter and faster decisions," said Jay Kilberg, Vice President, Platts Research and Analytics.
Platts Energy Advantage is a flexible platform that delivers both proprietary and verifiable third-party data on key energy industry and market fundamentals directly to customers' desktops. By offering Platts benchmark prices, news and information side by side with data from other public, private and government sources, Platts Energy Advantage allows users to perform a wide range of complex analyses and simultaneously collaborate on those analyses with colleagues. The product also includes access to cartography capabilities. Platts Energy Advantage utilizes the innovative business intelligence suite (BusinessObjects(TM) XI), which enables customers to tailor the product to suit their specific information needs and price points. BusinessObjects was also a 2007 Codie Award winner in the "Best Business Intelligence or Knowledge Management Solution" Category.
Winners were chosen from a record 1,197 nominations from 600 companies for the excellence of their products, services, corporate leadership and philanthropy. Philip Sieper, Platts Business Director of Product Platform, attended the Codie Awards gala and accepted the award on behalf of his Platts Energy Advantage colleagues.
"I applaud all the companies selected as winners or finalists in this year's Codie Awards," said Ken Wasch, SIIA President. "The software and information industry continues to move at a break-neck pace. New technology and business model innovations are constantly emerging and taking root. Being recognized by your peers for getting to and staying at the head of the pack in such a dynamic environment is a major accomplishment, and it is one of the reasons why the Codie Awards hold such a special place in our industry."
Platts Energy Advantage is available by subscription. For more information or to request a demonstration, please visit http://www.energyadvantage.platts.com/ or call toll-free 1-800-PLATTS8.
About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development corporate education and intellectual property protection to more than 800 leading software and information companies. For further information, visit http://www.siia.net/.
About Platts:
Platts, a division of The McGraw-Hill Companies , is a leading global provider of energy and metals information. With nearly a century of business experience, Platts serves customers across more than 150 countries. From 14 offices worldwide, Platts serves the oil, natural gas, electricity, nuclear power, coal, petrochemical and metals markets. Platts' real time news, pricing, analytical services, and conferences help markets operate with transparency and efficiency. Traders, risk managers, analysts, and industry leaders depend upon Platts to help them make better trading and investment decisions. Additional information is available at http://www.platts.com/.
About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The corporation has more than 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional information is available at http://www.mcgraw-hill.com/.
Platts
CONTACT: Kathleen Tanzy
+1-212-904-2860
Kathleen_tanzy@platts.com
Web site: http://www.platts.com/
http://www.energyadvantage.platts.com/
http://www.mcgraw-hill.com/
http://www.siia.net/
Linear Technology Prices $1.7 Billion of Convertible Senior Notes
MILPITAS, Calif., April 18 /PRNewswire-FirstCall/ -- Linear Technology Corporation (NasdaqGS: LLTC) today announced that it has priced its offerings of $1 billion aggregate principal amount of its 3.00% Convertible Senior Notes due May 1, 2027 and $700 million aggregate principal amount of its 3.125% Convertible Senior Notes due May 1, 2027 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. The issuance of the notes is expected to close on April 24, 2007, subject to satisfaction of customary closing conditions.
Each series of notes will initially be convertible, subject to certain conditions, into cash up to the lesser of the principal amount of the notes or the conversion value. If the conversion value of the notes is greater than $1,000, then the excess conversion value will be convertible into cash, common stock or a combination of cash and common stock, at Linear's election. The initial effective conversion rate of the 3.00% notes is 20 shares of common stock per $1,000 principal amount of the 3.00% notes (which is equivalent to an initial effective conversion price of approximately $50.00 per share), subject to adjustment upon the occurrence of certain events. The initial effective conversion rate of the 3.125% notes is 19.8138 shares of common stock per $1,000 principal amount of the 3.125% notes (which is equivalent to an initial effective conversion price of approximately $50.47 per share), subject to adjustment upon the occurrence of certain events. This represents a premium of approximately 38.7% and 40%, respectively, relative to the closing bid price of Linear's common stock on April 18, 2007. Each series of notes will bear contingent interest under certain circumstances. Linear may redeem the 3.00% notes for cash at any time on or after May 1, 2014 and holders may require Linear to repurchase the 3.00% notes for cash on specified dates and upon a fundamental change. Linear may redeem the 3.125% notes for cash at any time on or after November 1, 2010 and holders may require Linear to repurchase the 3.125% notes for cash on specified dates and upon a fundamental change
Linear intends to use the entire net proceeds of this offering to fund a portion of its agreement to repurchase approximately $3 billion of its common stock through an accelerated stock repurchase transaction with an affiliate of the initial purchaser.
The initial purchaser has advised Linear that, in connection with the counterparty to the accelerated stock repurchase establishing its initial hedge of the accelerated stock repurchase transaction, it expects such counterparty or its affiliate to enter into various derivative and/or common stock purchase transactions in secondary market transactions concurrently with or shortly after the pricing of the notes. This counterparty or its affiliate is likely to modify such hedge position by entering into or unwinding various derivative transactions with respect to Linear common stock and/or by purchasing or selling Linear common stock in secondary market transactions prior to final settlement of the accelerated stock repurchase transaction. In addition, during the term of the accelerated stock repurchase transaction, which is expected to last approximately nine months, this counterparty or its affiliate will purchase shares of Linear common stock in connection with the accelerated stock repurchase transaction.
This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
The securities have not been registered under the Securities Act of 1933, as amended, or any state securities laws. The notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
This press release contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, whether or not Linear will offer the notes or consummate the offering, the anticipated terms of the notes and the offering and the anticipated use of the proceeds of the offering.
Linear and the Linear logo are registered trademarks of Linear Technology Corporation. All other trademarks or registered trademarks are the property of their respective owners.
For further information contact Paul Coghlan at Linear Technology Corporation, 1630 McCarthy Blvd., Milpitas, California 95035-7417, (408) 432-1900.
Linear Technology Corporation
CONTACT: Paul Coghlan, Vice President, Finance of Linear Technology
Corporation, +1-408-432-1900
Web site: http://www.linear.com/
Techtronic Industries Records Profit and Twelfth Consecutive Year of Growth
HONG KONG, April 18 /Xinhua-PRNewswire-FirstCall/ -- Techtronic Industries Co. Ltd. ("TTI" or the "Group") (HKEx: 669; ADR: TTNDY) today announced that its profit attributable to equity holders of the parent for 2006 reached a record level of HK$1,072 million, an increase of 5.19% over the previous year, representing its twelfth consecutive year of growth.
Its leading brands, product innovations, and cost improvement efforts delivered a healthier net profit margin of 4.91%, up from 4.56% in 2005. Notably, its gross margin improved to 31.59% from 31.05% last year and profit margin from operation grew to 7.59% from 7.05% last year, benefiting from ongoing business integrations and Continuous Improvement Program (CIP) savings, which offset increases in global commodity prices and financing costs. Basic earnings per share, taking into account the full dilution effect of the share placement in September 2005, were at HK73.18 cents per share, marginally lower than the HK73.53 cents reported in 2005.
Mr. Horst Julius Pudwill, Chairman and CEO of TTI said, "2006 turnover for the Group was HK$21.82 billion, a small decline of 2.39% over 2005. We managed solid turnover growth in the first half of 2006, but the second half proved to be more challenging with a softer macro economic environment in the United States. However, the Group's expansion efforts outside of North America continued the first half momentum with near double digit turnover growth for the second half and consequently for the full year. Our floor care business rebounded with positive turnover growth in the second half. We announced the acquisition of Hoover(R) floor care business, which when combined with our existing floor care business will make TTI the leader in the global floor care industry."
Commenting on the Group's future plans, Mr. Pudwill said, "We are setting the stage for growth and profit margins enhancement. After a second year of consolidating the 2005 power tool acquisitions, we are starting to benefit from the integration synergies. We are moving decisively to consolidate our latest acquisition Hoover(R), and derive gains in marketing and operational efficiencies in 2007. Our attention will focus on both core business expansion and the search for strategic acquisitions that can enhance both our top line and bottom line.
"Our core strategy to build our business with exceptional people is being fueled by the introduction of a North American campus recruiting and Leadership Development Program. We target talented individuals with a passion to lead and deliver results. Additionally, we have strengthened our management team by creating new executive positions in our offices around the world and filling them with uniquely talented business leaders in important areas of sales, marketing, product development, operation, and senior management. We anticipate benefits in our dynamic and fast paced culture across product development, marketing, and best cost operational performance."
Review of operation
Power Equipment
The Power Equipment business, which includes power tools, power tool accessories, and outdoor power equipment, reported record profit from operations, with growth from its professional brands, Milwaukee(R) and AEG(R) as well as strong sales of RIDGID(R) professional power tools manufactured by TTI. Profit from operations was HK$1,462 million, a significant increase of 18.16% over 2005. Turnover reached HK$17.12 billion, accounting for 79% of total Group turnover. Full year turnover was marginally down 0.35% from last year due to a sluggish North American market in the second half of the year. The Group improved operating profit margins to 8.54% from 7.20% last year in a difficult economic environment of rising raw material costs. Innovative new products, quality improvement initiatives, global procurement activities, product transfer programs, and CIP have positively impacted TTI's operational performance.
The Group expects its North American business to rebound after a slowdown in the second half of last year and it has increased the consumer power tool promotion plans and marketing support. Innovative lithium-ion cordless products will be launched throughout the year, further enhancing TTI's leading position in the cordless category. European and the rest of world businesses are continuing to track healthy growth. New products are the primary drivers, but new distribution in core territories and new geographies are also adding incremental turnover. The Ryobi(R) branded One+(TM) System and Milwaukee(R) V18(TM) programs are notable product ranges that are feeding the expansion.
Floor Care
In 2006, the floor care business established the platforms for future growth, including the acquisition of the Hoover(R) floor care business. Its powerful brand portfolio now includes Hoover(R), Dirt Devil(R) and Vax(R). In addition to the brands, the business is competitively positioned with an increased new product development capability, best cost supply chain scale, and full product category coverage. Distribution reach outside of North America will continue to expand geographically with TTI's brands.
The floor care business completed the transition to focus on its own brands and as a result reported second half growth in North America and Europe. Turnover for the full year was HK$4.43 billion, down 2.16% from last year's, and accounting for 20% of the Group's total turnover. On the cost side, challenging raw material pricing was partially offset by the Group's global sourcing programs and CIP savings. TTI did drive its innovative products with increased advertising support in key markets. Profit from operations was down to HK$157 million, a margin of 3.54% of turnover.
2006 set the stage for growth in the floor care business. TTI now possesses the most recognized brands in virtually all floor care categories. Dirt Devil(R) is positioned to continue its introduction of unique products through its ease of use strategy and advantages in manufacturing scale and supply chain efficiencies. There are multiple new product introductions planned for 2007 including the KURV(TM) and the KRUZ(TM), both hand-held vacuums and a new "i"(TM) upright vacuum. The Group's contract business remained in transition in 2006 as it increased its commitment to its own leading brands. This is still on track to rebound in 2007 as the Group begins delivering the new line of Sears(R) Kenmore(R) brand of vacuums in the first half.
Laser and Electronics
The Laser & Electronics business result for 2006 was according to expectations, with a top line decline from the prior year due to the continuing correction in the laser based products market. Turnover in Europe was stable and infant care products delivered growth. Expenses were controlled through CIP programs while addressing the overhead expense structure. Consequently, turnover was HK$279 million, accounting for 1% of total Group turnover, and profit from operations was HK$37 million.
The text of the announcement and results presentation are available at http://www.ttigroup.com/
Investor Presentation Broadcasting
Available at http://www.ttigroup.com/ from 7:00 pm, 19th April, 2007 (HK Time) for a month until 18th May, 2007
About TTI
Founded in 1985 and listed on the Stock Exchange of Hong Kong Limited in 1990, TTI is a world-class supplier of superior home improvement and construction tools with a powerful portfolio of trusted brands and a strong commitment to innovation and quality. The portfolio that TTI offers includes a full line of power equipment products, floorcare, laser and electronic products employing approximately 23,000 people worldwide. TTI's portfolio of global brands, among others, Milwaukee(R), AEG(R), Ryobi(R), Homelite(R), Royal(R), Dirt Devil(R), Regina(R), Vax(R) and Hoover(R).
TTI is one of the constituent stocks on the Hang Seng HK MidCap Index under the Hang Seng Composite Index, the MSCI Hong Kong Index, the FTSE All- World Hong Kong Index, the FTSE/Hang Seng Asian Cyclical Index and the Dow Jones Hong Kong Titans 30. For more information, please visit http://www.ttigroup.com/ .
Trademarks
All trademarks used are intellectual property of their respective owners and are protected under trademark law.
RIDGID(R) is a registered trademark of Ridgid, Inc., part of Emerson Professional Tools, a business of St. Louis-based Emerson . The orange color used on these products and the combination of orange and grey are trademarks for RIDGID(R) brand power tools.
The use of the trademark Ryobi(R) is pursuant to a license granted by Ryobi Limited.
Sears(R), Craftsman(R) and Kenmore(R) brands are registered trademarks of Sears Brands, LLC.
Contact:
Jess Cheung
Tel: +852-2402-6683
Email: ir@tti.com.hk
Techtronic Industries Co. Ltd.
CONTACT: Jess Cheung, +852-2402-6683, ir@tti.com.hk
Web site: http://www.ttigroup.com/
Sipex Schedules First Quarter 2007 Earnings Release and Conference Call
MILPITAS, Calif., April 18 /PRNewswire-FirstCall/ -- Sipex Corporation today announced that they will host a conference call at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) on May 8, 2007. Chief Executive Officer Ralph Schmitt and Chief Financial Officer Ray Wallin will present the financial results for the first quarter of 2007. The call is available, live, to any interested party by dialing (888) 423-3272. For international callers, please dial (612) 332-0632. Interested callers should dial in at least five minutes before the scheduled start time and ask to be connected to the Sipex Investor Call. A replay of the investor call will be available approximately 48 hours after the event at http://www.sipex.com/investors.
About Sipex Corporation
Sipex Corporation is an analog semiconductor company that addresses standard linear and application specific standard products (ASSP) for customer systems that are primarily targeted at the consumer, networking and industrial markets. The products are categorized into three synergistic areas of power management, interface and optical storage. Sipex is a global company with operations in Asia, Europe and North America. It is the mission of the company to create innovative analog products that enable customers to produce differentiated products. For more information about Sipex, visit http://www.sipex.com/.
For additional information, contact:
Clyde Ray Wallin, Chief Financial Officer
Tel: 408-934-7500
Fax: 408-935-7678
Email:Rwallin@sipex.com
Sipex Corporation
CONTACT: Clyde Ray Wallin, Chief Financial Officer of Sipex Corporation,
+1-408-934-7500, or fax, +1-408-935-7678, or Rwallin@sipex.com
Web site: http://www.sipex.com/
Company News On-Call: http://www.prnewswire.com/comp/111683.html
Techtronic Industries Announces Re-Designation of Dr. Roy CHUNG JP as Vice Chairman
HONG KONG, April 18 /Xinhua-PRNewswire-FirstCall/ -- Techtronic Industries Co. Ltd. ("TTI" or the "Group") (HKEx: 669; ADR: TTNDY) today announced the re-designation of Dr. Roy Chi Ping CHUNG JP as the Vice Chairman of TTI with effect from 18th April, 2007. While Dr. CHUNG's role in TTI remains, he will step down as the Managing Director with immediate effect.
Dr. CHUNG, aged 54, a co-founder of TTI, has been the Managing Director since 1985. He is responsible for the corporate and business management of the Group. He holds a Master of Science Degree in Engineering Business Management from the University of Warwick, United Kingdom. He was further awarded an Honorary Doctor by the University of Newcastle, New South Wales, Australia in 2006.
Possessing nearly 30 years of solid experience in the electric appliances and electronics industries, Dr. CHUNG continues to hold strong interest in this business sector, actively participating in and motivated to the training of the next generation of industry leaders. He was appointed as Justice of Peace by the Hong Kong SAR Government effective on 1st July, 2005. Dr. CHUNG won the 1997 Hong Kong Young Industrialists Award, and is currently Vice- Chairman of the Federation of Hong Kong Industries, a non-official member of Committee on Economic Development and Economic Cooperation with the Mainland -- Commission on Strategic Development, a member of Home Affairs Bureau -- Sports Commission, Council Member of Vocational Training Council, Council Member of the University of Warwick, Chairman of Electronics/ Electrical Appliances Industry Advisory Committee of Hong Kong Trade Development Council, a Council Member of Employers' Federation of Hong Kong, Elected Council Member and Executive Committee Member of Hong Kong Management Association, a member of the Advisory Board for Lingnan University's Faculty of Business, Director of the Hong Kong Safety Institute Limited and The Hong Kong Standards and Testing Center Limited, Director of Hong Kong Applied Science and Technology Research Institute Company Limited (ASTRI), Director of Hong Kong Design Center Limited, Vice-Chairman of the Governing Board of the Dongguan City Association of Enterprises with Foreign Investment.
Mr. Horst Julius PUDWILL, Chairman and CEO of TTI said, "The Board would like to express its sincere appreciation to Dr. CHUNG for his valuable contribution to the Company during his tenure of office as the Managing Director of the Company. The Board believes that his continuing involvement with the Company as our Vice Chairman will be beneficial and in the best interests of the shareholders and the Company as a whole."
About TTI
Founded in 1985 and listed on the Stock Exchange of Hong Kong Limited in 1990, TTI is a world-class supplier of superior home improvement and construction tools with a powerful portfolio of trusted brands and a strong commitment to innovation and quality. The portfolio that TTI offers includes a full line of power equipment products, floorcare, laser and electronic products employing approximately 23,000 people worldwide. TTI's portfolio of global brands, among others, Milwaukee(R), AEG(R), Ryobi(R), Homelite(R), Royal(R), Dirt Devil(R), Regina(R), Vax(R) and Hoover(R).
TTI is one of the constituent stocks on the Hang Seng HK MidCap Index under the Hang Seng Composite Index, the MSCI Hong Kong Index, the FTSE All- World Hong Kong Index, the FTSE/Hang Seng Asian Cyclical Index and the Dow Jones Hong Kong Titans 30. For more information, please visit http://www.ttigroup.com/ .
Trademarks
All trademarks used are intellectual property of their respective owners and are protected under trademark law.
RIDGID(R) is a registered trademark of Ridgid, Inc., part of Emerson Professional Tools, a business of St. Louis-based Emerson . The orange color used on these products and the combination of orange and grey are trademarks for RIDGID(R) brand power tools.
The use of the trademark Ryobi(R) is pursuant to a license granted by Ryobi Limited.
Sears(R), Craftsman(R) and Kenmore(R) brands are registered trademarks of Sears Brands, LLC.
Contact:
Jess Cheung
Tel: +852-2402-6683
Email: ir@tti.com.hk
Techtronic Industries Co. Ltd.
CONTACT: Jess Cheung, +852-2402-6683, ir@tti.com.hk
Web site: http://www.ttigroup.com/
News Archives of April 2007
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
News Archives other dates
2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 
