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Companies news of 2012-04-16 (page 4)

  • China BAK to Attend the 2nd China International Smart Grid Technology and Equipment...
  • Allot Communications to Host First Quarter 2012 Earnings Results Conference Call on...
  • TowerJazz and NeoFidelity Announce Strategic Relationship to Supply Digital Audio...
  • Changyou.com to Report First Quarter 2012 Financial Results on April 30, 2012
  • Myriad Completes Synchronica Acquisition to Create the World's Biggest Mobile Social...
  • Sohu.com to Report First Quarter 2012 Financial Results on April 30, 2012
  • Newsbyte: SAP Continues to Make Waves With Sponsorship of Extreme Sailing Team



    China BAK to Attend the 2nd China International Smart Grid Technology and Equipment Exhibition

    SHENZHEN, China, April 16, 2012 /PRNewswire-Asia/ -- China BAK Battery, Inc. ('China BAK" or the "Company") , a leading global manufacturer of lithium-based battery cells, today announced that the Company's management team will attend the 2nd China International Smart Grid Technology and Equipment Exhibition to be held in Shanghai, China, from May 9-11, 2012.

    China BAK will exhibit its energy-storage power solutions for use in solar power stations, wind power stations, smart grids, household energy storage, standby batteries in mobile communication base stations, and uninterruptible power supplies. The Company's energy-storage power solution consists of a number of cells based on mature 18650 cell technology and is based on module standardization and techniques. For more information regarding the 2nd China International Smart Grid Technology and Equipment Exhibition, please visit http://www.smartgridtec-china.com.

    "We are looking forward to the opportunity to showcase our products at one of the largest power grid construction exhibitions, which is a high potential end market in the new energy industry," commented Mr. Xiangqian Li, CEO of China BAK. "We believe this exhibition provides an attractive platform to demonstrate our product portfolio and R&D achievements to the attendees. We believe our potential customers in the energy-storage power segment will have a better understanding of our products and R&D capabilities, enhancing our visibility in the industry and further expanding our end market."

    About China BAK Battery, Inc.

    China BAK Battery, Inc. is a leading global manufacturer of lithium-based battery cells. The Company produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, smartphones, notebook computers, e-bikes, electric vehicles, power tools, uninterruptible power supplies, and portable consumer electronics such as portable media players, portable gaming devices, personal digital assistants, or PDAs, camcorders, digital cameras, and Bluetooth headsets. China BAK Battery, Inc.'s production facilities, located in Shenzhen and Tianjin cover over three million square feet. For more information regarding China BAK Battery, Inc., please visit http://www.bak.com.cn.

    Safe Harbor Statement

    This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All "forward-looking statements" relating to the business of China BAK Battery, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ. These factors include but are not limited to: risks related to China BAK's business and risks related to operating in China. Please refer to China BAK's Annual Report on Form 10-K for the fiscal year ended September 30, 2011, as well as China BAK's Quarterly Reports on Form 10-Q that have been filed since the date of such annual report, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. China BAK's actual results could differ materially from those contained in the forward-looking statements. China BAK undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

    China BAK Battery, Inc.

    CONTACT: Mr. Ke Marcus Cui, Chief Financial Officer of China BAK Battery,
    Inc., +86-755-8977-0093, ir@bak.com.cn; Mr. Roger Ellis, Partner & SVP for
    Market Intelligence of CCG Investor Relations, +1-310-954-1332,
    roger.ellis@ccgir.com

    Web site: http://www.bak.com.cn/
    http://www.smartgridtec-china.com/




    Allot Communications to Host First Quarter 2012 Earnings Results Conference Call on Tuesday, May 1, 2012Call to be held at 8:30 AM ET

    HOD HASHARON, Israel, April 16, 2012 /PRNewswire/ --

    Allot Communications Ltd. will host a conference call to discuss its first quarter 2012 earnings results on Tuesday, May 1, 2012, at 8:30 AM ET, 3:30 PM Israel time. The quarterly financial results will be published prior to the conference call.

    To access the conference call, please dial one of the following numbers: US: +1-646-254-3361, UK: +44(0)20-3364-5381, Israel: +972-3763-0146, participant code 4105861.

    A replay of the conference call will be available from 12:01 am ET on May 4, 2011 through May 31, 2012 at 11:59 pm UK time. To access the replay, please dial: US: +1-347-366-9565, UK: +44(0)20-7111-1244, access code: 4105861#.

    A live webcast of the conference call can be accessed on the Allot Communications website at http://www.allot.com. The webcast will also be archived on the website following the conference call.

    About Allot Communications

    Allot Communications Ltd. is a leading provider of intelligent data traffic optimization and monetization solutions for fixed and mobile broadband operators and large enterprise. Allot's scalable, carrier-grade solutions provide the visibility, topology awareness, security, application control and subscriber management that are vital to managing Internet service delivery, enhancing user experience, containing operating costs, and enabling service providers to generate revenues from their broadband networks. Allot's rich portfolio of solutions leverages dynamic actionable recognition technology (DART) to transform broadband pipes into smart networks that can rapidly and efficiently deploy value added Internet services. For more information, please visit http://www.allot.com.

    Contact: Investor Relations: Jay Kalish Executive Director Investor Relations International access code +972-54-221-1365 jkalish@allot.com

    Allot Communications Ltd.



    TowerJazz and NeoFidelity Announce Strategic Relationship to Supply Digital Audio Amplifiers to Samsung and LG

    MIGDAL HAEMEK, Israel and SEOUL, Korea, April 16, 2012 /PRNewswire/ -- TowerJazz, the global specialty foundry leader, and NeoFidelity Inc., announce mass production of a full digital audio amplifier for LCD slim TVs supplying Korean companies Samsung and LG which dominate the worldwide market. NeoFidelity successfully began production in November 2011 and demand is steadily increasing. By shifting its production from a 0.16-micron process to TowerJazz's 0.13-micron technology, NeoFidelity was able to realize an advantage in cost competitiveness. In addition, NeoFidelity is able to leverage TowerJazz's powerful set of design kits, accurate models and comprehensive analog IP portfolio.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20120213/511140 )

    The new digital audio amplifier reduces heat and improves efficiency and sound quality, which was a challenge for previous analog audio amps (AB-class, D-class). Another advantage of the digital audio amp is better performance as it can process digital signal without converting into analog signal. In the case of analog amp chips, it requires devices to change the digital signal to an analog signal. In addition, due its very small chip size, NeoFidelity's full digital audio amp can be used in slimmer and smaller sized applications.

    "We are excited about producing digital audio amps for Samsung and LG on TowerJazz's 0.13-micron technology CMOS platform. We have been very pleased with the dedicated support of TowerJazz, especially from their local Korean office," said Lee Ducksoo, NeoFidelity's Chief Executive Officer. "NeoFidelity shifted to TowerJazz to enhance the competitiveness of our full digital audio amplifier. As we expand our market to overseas and diversify our products' roadmap, we look forward to continue working with TowerJazz."

    "NeoFidelity has been focused on high end audio amps for a good decade and is the true expert with a unique solution. We are very excited to be chosen as their strategic partner not only for the audio amp market, but also for many other devices that will increase our technology offerings and capabilities as well as expand our market share in various applications," said Michael Song, Korea Country Manager, TowerJazz.

    NeoFidelity has achieved design wins for its TV amplifier product in the China market as well as with Samsung and LG and is expecting to begin supply to several giant TV customers and audio product manufacturers in China.

    About NeoFidelity
    NeoFidelity Inc. (KOSDAQ:101400), semiconductor acoustic solution leader, was founded in April, 2000 by Ph.D.s from Seoul National University, who are audio & signal processing experts. NeoFidelity successfully created the world's best digital amplifier with distortion compensation filter that helps overcome the limitations of TV speakers. Its revolutionary technology successfully aided in commercialization of digital TVs. By making new advances in technologies in a variety of fields, NeoFidelity expands its products' portfolio and its customers. For more information, please visit http://www.neofidelity.com/eng/.

    About TowerJazz
    Tower Semiconductor Ltd. , its fully owned U.S. subsidiary Jazz Semiconductor, Inc. and its fully owned Japanese subsidiary TowerJazz Japan, Ltd., operate collectively under the brand name TowerJazz, the global specialty foundry leader. TowerJazz manufactures integrated circuits with geometries ranging from 1.0 to 0.13-micron, offering a broad range of customizable process technologies including: SiGe, BiCMOS, Mixed-Signal and RFCMOS, CMOS Image Sensor, Power Management (BCD), and Non-Volatile Memory (NVM) as well as CMOS and MEMS capabilities. TowerJazz also offers a world-class design enablement platform that complements its sophisticated technology and enables a quick and accurate design cycle. In addition, TowerJazz provides (TOPS) Technology Optimization Process Services to IDMs as well as fabless companies that need to expand capacity, or progress from an R&D line to a production line. To provide multi-fab sourcing, TowerJazz maintains two manufacturing facilities in Israel, one in the U.S., and one in Japan with additional capacity available in China through manufacturing partnerships. For more information, please visit http://www.towerjazz.com.

    Safe Harbor Regarding Forward-Looking Statements
    This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect TowerJazz's business is included under the heading "Risk Factors" in Tower's most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were filed with the Securities and Exchange Commission (the "SEC") and the Israel Securities Authority and Jazz's most recent filings on Forms 10-K and 10-Q, as were filed with the SEC, respectively. Tower and Jazz do not intend to update, and expressly disclaim any obligation to update, the information contained in this release.

    TowerJazz Asia-Pacific Company/Media Contact:
    Shoko Saimiya
    +81-795-23-6609
    saimiya@towerjazz.com

    NeoFidelity Company/Media Contact:
    Byoung-il, Yoo
    +82-2-6340-1018
    biyoo@neofidelity.com

    TowerJazz Investor Relations Contact
    Noit Levi
    +972 4 604 7066
    noit.levi@towerjazz.com

    NeoFidelity Investor Relations Contact
    Byoung-il, Yoo
    +82-2-6340-1018
    biyoo@neofidelity.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20120213/511140
    PRN Photo Desk, photodesk@prnewswire.com TowerJazz

    Web site: http://www.towerjazz.com/




    Changyou.com to Report First Quarter 2012 Financial Results on April 30, 2012

    BEIJING, April 16, 2012 /PRNewswire-Asia/ -- Changyou.com Limited ("Changyou" or the "Company") , a leading online game developer and operator in China, will report its first quarter 2012 unaudited financial results on Monday, April 30, 2012, before U.S. market hours.

    (Logo: http://photos.prnewswire.com/prnh/20090402/CNTH020)

    Changyou's management team will host an earnings conference call on the same day at 7 a.m. U.S. Eastern Time, April 30, 2012 (7 p.m. Beijing/Hong Kong, April 30, 2012) following the quarterly results announcement.

    The dial-in details for the live conference call are:

    US: +1-866-519-4004 Hong Kong: +852-2475-0994 International: +1-718-354-1231 Passcode: CYOU

    Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

    A telephone replay of the call will be available after the conclusion of the conference call at 10 a.m. Eastern Time on April 30 through May 7, 2012. The dial-in details for the telephone replay are:

    International: +1-866-214-5335 Passcode: 70773777

    The live webcast and archive of the conference call will be available on the Investor Relations section of Changyou's website at http://www.changyou.com/ir/.

    About Changyou

    Changyou.com Limited is a leading developer and operator of online games in China with a diverse portfolio of online games that includes Tian Long Ba Bu, one of the most popular massively multi-player online ("MMO") games in China, and DDTank, one of the top-ranking Web-based games in China. Changyou also owns and operates the 17173.com Website, a leading game information portal in China. It began operations as a business unit within Sohu.com Inc. in 2003, and was carved out as a separate, stand-alone company in December 2007. It completed an initial public offering on April 7, 2009. Changyou has an advanced technology platform that includes advanced 2.5D and 3D graphics engines, a uniform game development platform, effective anti-cheating and anti-hacking technologies, proprietary cross-networking technology and advanced data protection technology. For more information, please visit http://www.changyou.com/ir/.

    For investor and media inquiries, please contact: In China: Ms. Angie Chang Investor Relations Changyou.com Limited Tel: +86 (10) 6861-3688 E-mail: ir@cyou-inc.com In the United States: Mr. Jeff Bloker Christensen Tel: +1 (480) 614-3003 E-mail: jbloker@ChristensenIR.com

    Photo: http://photos.prnewswire.com/prnh/20090402/CNTH020
    PRN Photo Desk, photodesk@prnewswire.com Changyou.com Limited

    Web site: http://www.changyou.com/ir//




    Myriad Completes Synchronica Acquisition to Create the World's Biggest Mobile Social Messaging Business

    ZURICH, April 16, 2012 /PRNewswire/ -- Myriad Group AG (MYRN: SIX), the company powering billions of rich mobile social and web experiences on any connected device, today announces it has reached the required shareholder approvals to acquire UK-based Synchronica plc.

    "This deal will create a powerhouse in the rapidly growing sector of mobile-social convergence," said Simon Wilkinson, CEO of Myriad. "It will establish a global service organisation serving over 100 Carriers and 25 OEMs around the world. At a stroke, it increases the addressable base for our award-winning product portfolios to over 1.8 billion subscribers with pre-installation of our products in over 100 million new devices each year."

    Myriad has been in discussions with Synchronica plc since early November - and announced the terms of its offer on January 31st 2012. The two businesses currently serve customers including: ATT, Verizon, Vodafone, Telefonica, Orange, T-Mobile, America Movil, NTT Docomo, MTS, Softbank, Megafon, Telcel, TIM, Airtel and Claro.

    Wilkinson concluded, "I would like to thank our shareholders for their support and collective efforts of Myriad's staff and its advisors during this process. We look forward to working closely with the Synchronica team as they become part of the Myriad Group."

    About Myriad

    Myriad is chosen by leading OEMs and network service providers to power rich mobile social and web experiences - from the most basic to the smartest connected device through a single, scalable platform.

    Today, over 2.5 billion mobile users rely on Myriad software. Myriad apps often provide users with their first taste of the Internet, and with our proven technology embedded in every Android device we are on target to help our partners power the next billion users.

    We operate worldwide, with offices in Switzerland, France, UK, USA, Mexico, India, UAE, China, South Korea, Taiwan, Japan and Australia. Headquartered in Zurich, Switzerland, Myriad is listed on the SIX Swiss Exchange .

    For more information please visit our website: www.myriadgroup.com.

    Myriad Group AG

    CONTACT: James Bodha, Chief Financial Officer, +41 44 823 8900, Myriad
    Group AG; or public relations, Kate Hamilton or Jaime Tero, +1-415-989-9803
    (US), +44 (0) 207 437 0227 (UK), myriad@onechocolatecomms.com

    Web site: http://www.myriadgroup.com/




    Sohu.com to Report First Quarter 2012 Financial Results on April 30, 2012

    BEIJING, April 16, 2012 /PRNewswire-Asia/ -- Sohu.com Inc. , China's leading online media, search, gaming, community and mobile service group, will report its first quarter 2012 unaudited financial results on Monday, April 30, 2012, before U.S. market hours.

    (Logo: http://photos.prnewswire.com/prnh/20100201/CNM013LOGO )


    Sohu's management team will host a conference call on the same day at 8:30 a.m. U.S. Eastern Time, April 30, 2012 (8:30 p.m. Beijing/Hong Kong time, April 30, 2012) following the quarterly results announcement.

    The dial-in details for the live conference call are:

    US Toll-Free: +1-866-519-4004 International: +1-718-354-1231 Hong Kong: +852-2475-0994 China Mainland +86 800 819 0121 / +86 400 620 8038 Passcode: SOHU

    Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

    A telephone replay of the call will be available after the conclusion of the conference call at 1:30 a.m. Eastern Time on May 1 through May 8, 2012. The dial-in details for the telephone replay are:

    International: +1-718-354-1232 Passcode: 70778761

    The live webcast and archive of the conference call will be available on the Investor Relations section of Sohu's website at http://corp.sohu.com/.

    About Sohu.com

    Sohu.com Inc. is China's premier online brand and indispensable to the daily life of millions of Chinese, providing a network of web properties and community based/web 2.0 products which offer the vast Sohu user community a broad array of choices regarding information, entertainment and communication. Sohu has built one of the most comprehensive matrices of Chinese language web properties and proprietary search engines, consisting of the mass portal and leading online media destination www.sohu.com; interactive search engine www.sogou.com; #1 games information portal www.17173.com; the top real estate website www.focus.cn; #1 online alumni club www.chinaren.com; wireless value-added services provider www.goodfeel.com.cn; leading online mapping service provider www.go2map.com; and developer and operator of online games www.changyou.com/en/.

    Sohu corporate services consist of online brand advertising on its matrix of websites as well as bid listing and home page on its in-house developed search directory and engine. Sohu also offers wireless value-added services such as news, information, music, ringtone and picture content sent over mobile phones. Sohu's online game subsidiary, Changyou.com has a diverse portfolio of online games that includes Tian Long Ba Bu, one of the most popular massively multi-player online ("MMO") games in China, and DDTank, one of the top-ranking Web-based games in China. Sohu.com, established by Dr. Charles Zhang, one of China's internet pioneers, is in its sixteen year of operation.

    For investor and media inquiries, please contact:

    In China:

    Mr. Eric Yuan Sohu.com Inc. Tel: +86 (10) 6272-6593 E-mail: ir@contact.sohu.com

    In the United States:

    Mr. Jeff Bloker Christensen Tel: +1 (480) 614-3003 E-mail: jbloker@ChristensenIR.com

    Photo: http://photos.prnewswire.com/prnh/20100201/CNM013LOGO
    PRN Photo Desk, photodesk@prnewswire.com Sohu.com Inc.

    Web site: http://corp.sohu.com/

    Newsbyte: SAP Continues to Make Waves With Sponsorship of Extreme Sailing Team

    WALLDORF, Germany, April 15, 2012 /PRNewswire/ --SAP AG has further cemented a place at the forefront of international sailing by today announcing its sponsorship of the SAP Extreme Sailing Team. As one of the most exciting and innovative new formats of the sport, the sponsorship helps SAP to continue on its course in assisting the development of sailing around the world. The team, formerly the Danish Extreme Challenger Team, is racing as part of the 2012 Extreme Sailing Series and SAP will look to implement a range of innovative technology solutions to deliver cutting-edge analytics to the team in order to improve overall race and training performances.

    (Logo: http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO)

    "Through our existing work with Sailing Team Germany, Kieler Woche and the 505 World Championships, SAP continues to deliver cutting-edge innovations to the sport of sailing," said Stefan Lacher, head of Technology for the SAP Sailing Program. "We are excited to build on our experience and enhance the sport on another level through working with the SAP Extreme Sailing Team."

    In the Extreme Sailing Series teams battle against each other close to the shoreline, combining spectator-friendly configurations with challenging sailing conditions. "Stadium Sailing," as the fast-paced and action-packed discipline is more commonly known, puts fans and spectators at the heart of the competition. The series will take fan involvement one step further through the use of "fifth man spots" that will allow spectators to join the teams out on the water and experience all the action firsthand. The SAP Extreme Sailing Team is set to compete in Act 2 of the Extreme Sailing Series season in Qingdao, China, where its new multihull will be unveiled.

    SAP's history in sailing has produced a number of impressive results in a wide range of disciplines. In 2011, SAP worked with Audi Sailing Team Germany on solutions to support the decision-making process of sailors in order to increase the effectiveness of their racing strategy and execution. With this in mind, a "Sail Better" solution was created to help sailors and coaches to increase their training efficiency through trim optimization, venue pattern analysis and video-based learning. It also provides the team's Olympic prospects with the tools to chart a winning strategy for London 2012.

    As premium sponsor of Kieler Woche, the world's largest sailing regatta, SAP delivered a number of solutions that enhance the viewing experience by bringing together live race results, analytics software from the SAP(R) BusinessObjects(TM) portfolio and 3-D visualization with commentary. For more information, see "SAP and Kieler Woche Bring the Excitement of Sailing to the World."

    SAP's longstanding relationship with the 505 World Championship has provided another excellent platform to showcase their innovation within the sport. At the 2011 505 World Championship, SAP launched a prototype application that consolidated GPS tracking data with an augmented reality function to provide thrilling real-time insights into the race, offering spectators access to a live results list simply by pointing their phone toward race markers or the fleet of 90 participating boats.

    Digital content, including photos, video and press releases, are available for download from the Extreme Sailing Series at the Extreme Sailing Series Digital Media Exchange (DME). To signup/login, click here or access it via the "PRESS/TEAM" section of www.extremesailingseries.com.

    To learn more about SAP's global sponsorships, visit www.sapsponsorships.com. For more information, visit the SAP Newsroom. Follow SAP on Twitter at @sapnews and @SAPsponsors.

    Media Contact:
    Jim Dever, +1 (610) 661-2161, james.dever@sap.com, EDT

    Photo: http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO
    PRN Photo Desk, photodesk@prnewswire.com SAP AG

    Web site: http://www.sap.com/

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