The ZTE Grand S Flex combines stylish design and modern technology
SHENZHEN, China - Tuesday, November 5th 2013 [ME NewsWire]
(BUSINESS WIRE) ZTE today celebrates the introduction of its latest mobile phone, ZTE Grand S Flex, to Europe, with the device ranged in Germany, Finland, Poland, Czech Republic, Slovakia and Spain. The handset is a stylish and user friendly HD LTE Smart phone, combining intuitive technology with elegant design. Movies and videos can be played in outstanding quality with its sharp 5” HD display. In addition, high quality pictures can be taken quickly and easily with the handset’s 8MP camera and 1MP front camera which is optimised for video calling. The eye catching device, due to be sold across multiple countries, is structured on clean and simple lines, combined with an ultra-thin 8.9mm touch screen.
Mr. AO Wen, General Manager of ZTE Handset European Operation Office, said, "The driving force behind the ZTE Grand S Flex is a combination of modern technology and intuitive handling. Outstanding technology must be met with attractive design to adapt to the needs of our customers. The ZTE Grand S Flex provides this and much more with iconic detail consisting of thin and clear lines that make the handset a stylish must-have.”
The ZTE Grand S was awarded with the prestigious iF Design Award 2013. This accolade proves that the ZTE Grand S-Series is certified for outstanding international quality standards, both for technology and design.
The ZTE Grand S Flex is optimised for everyday usage, thanks to the combination of mobile entertainment and high performance. In addition to elegant design, the ZTE Grand S Flex offers high end smartphone technology. With Dolby sound preinstalled and a 5” screen, the ZTE Grand S Flex is ideal for watching videos and movies on the go. 4G technology and a dual-core 1.2 GHz processor provide a seamlessly fast experience when using the Grand S Flex.
The handset supports standard LTE, which optimises multimedia experiences for high speed mobile internet, online gaming and video streaming as well as social media channels such as Facebook and Twitter. Furthermore, the device runs with Android 4.1 Jelly Bean operating system and the 2300 mAh battery life ensures that lengthier videos can be viewed. The handset offers an internal storage capacity of 16GB, as well as a 1GB random access memory for pictures or documents.
Price and Availability:
The ZTE Grand S Flex is already available in Spain, Czech Republic and Slovakia and will be launched shortly in Germany, Finland and Poland.
ZTE Grand S Flex specifications:
Operating system:
Android 4.1 Jelly Bean
Size and weight:
143x70x8.9mm
Display:
HD display screen (1280x720Pixel)
Camera:
8 megapixel camera with AF/ Flash
1 megapixel front camera
Network:
GSM 900/1800/1900 MHz
UMTS 900/2100 MHz
LTE 800/900/1800/2600 MHz
Battery:
2300 mAh Lithium-Ion battery
Processor:
1.2 GHz Qualcomm processor
Memory:
1GB RAM, 16GB ROM intern memory
Other:
GPS, WiFi 802.11 abgn, Bluetooth 4.0
Mobile Hotspot, WiFi Direct
HD voice, dual microphone for noise reduction with Dolby sound effect improvement, FM radio
About ZTE Mobile Devices
ZTE Mobile Devices is a division of ZTE Corporation, a global telecommunications equipment, networks and mobile devices company headquartered in Shenzhen, China. ZTE is a publicly traded company listed on the Hong Kong and Shenzhen stock exchanges. ZTE is one of the Top 5 mobile handset and smartphone manufacturers in the world, according to global industry analyst IDC. The company produces a complete range of mobile devices, including mobile phones, tablets, mobile broadband modems and hotspots and family desktop integration terminals. A global leader, ZTE has partnerships with more than 230 major carriers and distributors in over 160 countries and regions around the globe. It also has strategic partnerships with 47 of the world’s top 50 carriers. In 2012, ZTE applied for more international patents than any other company in the world.
For more information, please visit: www.ztedevices.com.
Contacts
Hotwire PR for ZTE Corporation
Josh Wheeler, +44 (0) 207 608 4689
Josh.Wheeler@Hotwirepr.com
Permalink: http://me-newswire.net/news/9075/en
Tuesday, November 5, 2013
Netsize Expands Mobile Operator Billing into Windows Phone Store
MEUDON, France - Monday, November 4th 2013 [ME NewsWire]
(BUSINESS WIRE)-- Regulatory News:
Netsize, a Gemalto company, is expanding its mobile operator billing platform to include Microsoft’s Windows Phone Store. This means that now, even more Windows Phone users can easily purchase apps directly on their handsets and pay for them through their existing mobile phone bill. The first deployment of the expanded Netsize solution has already started with a leading European mobile network operator.
The launch represents the first in a series of deployments planned by Microsoft across different countries, offering Windows Phone Store users the best possible payment experience when choosing from an ever expanding array of gaming, entertainment, lifestyle, news and social apps. This new collaboration with Microsoft further strengthens Netsize’s position as the preferred operator billing provider for app stores worldwide. The Netsize platform, a robust and flexible infrastructure, already manages over 260 million transactions per month.
For content providers, the platform opens the gateway to a potential market of two billion consumers and three billion devices, via 160 mobile network operators in over 50 different countries. Furthermore, the sheer scalability and range of payment options supported by Netsize is ideally suited for the demands of a sector experiencing dramatic growth rates across the globe. Juniper Research estimates that operator billing revenues will rise from $2bn in 2012 to more than $13bn by 20171.
“Optimizing the Windows Phone Store experience for customers and developers is a key priority for Microsoft,” said Todd Brix, General Manager, Windows Phone Store, Microsoft Corp. “Netsize offers extensive network coverage around the world and a strong platform infrastructure, providing the Windows Phone Store with more payment options for customers, and higher payment conversion rates for developers.”
“The global success of the Windows Phone Store demands a payment eco-system that can demonstrate the ability to keep pace with the ambitious plans of Microsoft,” said Frédéric Deman, General Manager of Netsize. “We believe that the launch of this new service in Europe will be a showcase for other operators elsewhere to adopt this world class app-store payment solution”.
1 Mobile Content Business Models: OTT & Operator Strategy & Forecasts 2013-2017.
About Netsize
Netsize - a Gemalto company - is the global leader for mobile operator micro-payment solution and messaging services. We connect and contract directly with mobile operators and help our clients to monetize mobile services or provide messaging services. These can be for selling digital goods or for vending and ticketing, as well as for value added services like mobile marketing to manage customer relationships and app store payments.
The Netsize payment and messaging network reaches more than 2 billion consumers. We connect more than 1,000 merchants and service providers to over 160 mobile network operators. This unique coverage gives us the ability to innovate and offer our clients customized In-App Payment, P-SMS, as well as Online and Direct Billing solutions in over 50 countries.
Netsize employs more than 250 telecom professionals and has local offices in 21 countries. By using our direct connections to our broad base of mobile operators worldwide, our clients can enjoy the benefits of focusing on quick market engagement and results-driven campaigns.
www.netsize.com
Contacts
Netsize
info@netsize.com
www.netsize.com/ContactUs
Press
Donya Ekstrand, +46 851 79 54 23
Head of Marketing Communications
Donya.Ekstrand@netsize.com
(BUSINESS WIRE)-- Regulatory News:
Netsize, a Gemalto company, is expanding its mobile operator billing platform to include Microsoft’s Windows Phone Store. This means that now, even more Windows Phone users can easily purchase apps directly on their handsets and pay for them through their existing mobile phone bill. The first deployment of the expanded Netsize solution has already started with a leading European mobile network operator.
The launch represents the first in a series of deployments planned by Microsoft across different countries, offering Windows Phone Store users the best possible payment experience when choosing from an ever expanding array of gaming, entertainment, lifestyle, news and social apps. This new collaboration with Microsoft further strengthens Netsize’s position as the preferred operator billing provider for app stores worldwide. The Netsize platform, a robust and flexible infrastructure, already manages over 260 million transactions per month.
For content providers, the platform opens the gateway to a potential market of two billion consumers and three billion devices, via 160 mobile network operators in over 50 different countries. Furthermore, the sheer scalability and range of payment options supported by Netsize is ideally suited for the demands of a sector experiencing dramatic growth rates across the globe. Juniper Research estimates that operator billing revenues will rise from $2bn in 2012 to more than $13bn by 20171.
“Optimizing the Windows Phone Store experience for customers and developers is a key priority for Microsoft,” said Todd Brix, General Manager, Windows Phone Store, Microsoft Corp. “Netsize offers extensive network coverage around the world and a strong platform infrastructure, providing the Windows Phone Store with more payment options for customers, and higher payment conversion rates for developers.”
“The global success of the Windows Phone Store demands a payment eco-system that can demonstrate the ability to keep pace with the ambitious plans of Microsoft,” said Frédéric Deman, General Manager of Netsize. “We believe that the launch of this new service in Europe will be a showcase for other operators elsewhere to adopt this world class app-store payment solution”.
1 Mobile Content Business Models: OTT & Operator Strategy & Forecasts 2013-2017.
About Netsize
Netsize - a Gemalto company - is the global leader for mobile operator micro-payment solution and messaging services. We connect and contract directly with mobile operators and help our clients to monetize mobile services or provide messaging services. These can be for selling digital goods or for vending and ticketing, as well as for value added services like mobile marketing to manage customer relationships and app store payments.
The Netsize payment and messaging network reaches more than 2 billion consumers. We connect more than 1,000 merchants and service providers to over 160 mobile network operators. This unique coverage gives us the ability to innovate and offer our clients customized In-App Payment, P-SMS, as well as Online and Direct Billing solutions in over 50 countries.
Netsize employs more than 250 telecom professionals and has local offices in 21 countries. By using our direct connections to our broad base of mobile operators worldwide, our clients can enjoy the benefits of focusing on quick market engagement and results-driven campaigns.
www.netsize.com
Contacts
Netsize
info@netsize.com
www.netsize.com/ContactUs
Press
Donya Ekstrand, +46 851 79 54 23
Head of Marketing Communications
Donya.Ekstrand@netsize.com
Monday, November 4, 2013
ADP Showcases the E-Ports Project at the Biometrics Conference in London
ABU DHABI, United Arab Emirates - Saturday, November 2nd 2013 [ME NewsWire]
As part of its participation in the Biometrics Exhibition and Conference recently held in London, United Kingdom, the Abu Dhabi Police presented its E-Gates Project experience. This embodies the Abu Dhabi Police General Headquarters’ strategy aimed at developing the best technologies to combat crime and boost the community’s security and safety.
Colonel Barakat Yaaqoub Al Kindy, Chief of the Systems Development Section at the ICT Department, chairman of the committee, submitted a work sheet, which focused on the E-Ports project currently implemented in the UAE. It is a pioneering project for identification of individuals using three biometrics, IRIS, Face and Fingerprints to facilitate the entry and exit of passengers through the country’s various ports, thus enhancing the State’s prominent position in providing distinguished services to all sectors, and upgrading the security and stability process.
During the conference’s inaugural session, Colonel Al Kindy reviewed the UAE’s efforts in boosting ports security by leveraging the latest cutting-edge technologies to identify passengers. He also noted that the UAE is among the first countries in the world to approve and adopt new technologies, whereas the Ministry of Interior has been implementing the iris recognition scan system across border points since 2003, which significantly contributed in preventing re-entry of deportees.
In his work paper, Al Kindy highlighted the benefits of this distinguished project, which combines three biometrics (iris recognition, fingerprints and face recognition) and smart interactive e-gates. He also noted that the entry and exit systems at the country’s ports were linked with automatic reading systems for various travel documents, including identity cards of UAE and GCC nationals. This measure e has increased the system’s accuracy and contributed to accelerating the identification and verification processes.
Furthermore, Al Kindy gave an overview of the E-Ports Project registration process, provided free-of-charge to all travelers, which allows simple and easy-to-use entry and exit through e-gates installed in the country’s airports. “The project allows the speedy processing of passengers’ travel procedures within just 15 seconds, and streamlines travelers' flow and identification through immigration and borders control,” he continued.
The presentation was highly acclaimed by the attendees who expressed their admiration for the pioneering idea that reflects the MoI’s high level of development by keeping abreast of technological developments in various areas, as well as its keenness to streamline travelers’ flow and identification.
For more information about:
The Ministry of Interior, please click HERE
Abu Dhabi Police, please click HERE
Follow us and check our Social Media feeds on: YouTube, Facebook and Twitter
Photo Captions:
Photo 1: ADP Showcases the E-Ports Project at the Biometrics Conference in London
The Arabic-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the Arabic-language text, which is the only version of the text intended to have legal effect.
Contacts
The UAE Minister of Interior's General Secretariat, Tactical Affairs and Security Media Department
Abu Dhabi Police GHQ - Security Media
Chris Cron +971-(0)-50-987-1317
E-mail: cron.media@hotmail.com
Permalink: http://www.me-newswire.net/news/9052/en
As part of its participation in the Biometrics Exhibition and Conference recently held in London, United Kingdom, the Abu Dhabi Police presented its E-Gates Project experience. This embodies the Abu Dhabi Police General Headquarters’ strategy aimed at developing the best technologies to combat crime and boost the community’s security and safety.
Colonel Barakat Yaaqoub Al Kindy, Chief of the Systems Development Section at the ICT Department, chairman of the committee, submitted a work sheet, which focused on the E-Ports project currently implemented in the UAE. It is a pioneering project for identification of individuals using three biometrics, IRIS, Face and Fingerprints to facilitate the entry and exit of passengers through the country’s various ports, thus enhancing the State’s prominent position in providing distinguished services to all sectors, and upgrading the security and stability process.
During the conference’s inaugural session, Colonel Al Kindy reviewed the UAE’s efforts in boosting ports security by leveraging the latest cutting-edge technologies to identify passengers. He also noted that the UAE is among the first countries in the world to approve and adopt new technologies, whereas the Ministry of Interior has been implementing the iris recognition scan system across border points since 2003, which significantly contributed in preventing re-entry of deportees.
In his work paper, Al Kindy highlighted the benefits of this distinguished project, which combines three biometrics (iris recognition, fingerprints and face recognition) and smart interactive e-gates. He also noted that the entry and exit systems at the country’s ports were linked with automatic reading systems for various travel documents, including identity cards of UAE and GCC nationals. This measure e has increased the system’s accuracy and contributed to accelerating the identification and verification processes.
Furthermore, Al Kindy gave an overview of the E-Ports Project registration process, provided free-of-charge to all travelers, which allows simple and easy-to-use entry and exit through e-gates installed in the country’s airports. “The project allows the speedy processing of passengers’ travel procedures within just 15 seconds, and streamlines travelers' flow and identification through immigration and borders control,” he continued.
The presentation was highly acclaimed by the attendees who expressed their admiration for the pioneering idea that reflects the MoI’s high level of development by keeping abreast of technological developments in various areas, as well as its keenness to streamline travelers’ flow and identification.
For more information about:
The Ministry of Interior, please click HERE
Abu Dhabi Police, please click HERE
Follow us and check our Social Media feeds on: YouTube, Facebook and Twitter
Photo Captions:
Photo 1: ADP Showcases the E-Ports Project at the Biometrics Conference in London
The Arabic-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the Arabic-language text, which is the only version of the text intended to have legal effect.
Contacts
The UAE Minister of Interior's General Secretariat, Tactical Affairs and Security Media Department
Abu Dhabi Police GHQ - Security Media
Chris Cron +971-(0)-50-987-1317
E-mail: cron.media@hotmail.com
Permalink: http://www.me-newswire.net/news/9052/en
NYSE Euronext and IntercontinentalExchange Announce Preliminary Shareholder Merger Consideration Election Results
ME Newswire / Businesswire
NEW YORK - Sunday, November 3rd 2013
IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, and NYSE Euronext (NYSE: NYX), today announced the preliminary results of the elections made by shareholders of NYX regarding their preference as to the form of merger consideration they will receive in connection with ICE’s pending acquisition of NYX, which is currently expected to be effective within two business days after receipt of the final regulatory approvals, which ICE and NYX expect to receive in the coming days.
As previously announced, under the terms of the Amended and Restated Agreement and Plan of Merger, dated as of March 19, 2013 (the “Merger Agreement”), by and among NYX, ICE, IntercontinentalExchange Group, Inc. (“ICE Group”), Braves Merger Sub, Inc., and NYSE Euronext Holdings LLC (f/k/a Baseball Merger Sub, LLC), subject to proration, allocation and certain limitations set forth in the Merger Agreement, shareholders of NYX had the option to elect to receive for each share of NYX common stock (except for excluded shares and dissenting shares as more particularly set forth in the Merger Agreement):
a number of validly issued, fully paid and non-assessable shares of common stock of ICE Group, par value $0.01 per share (each, an “ICE Group Share”) equal to 0.1703 and an amount of cash equal to $11.27, without interest (together, the “Standard Consideration”);
an amount in cash equal to $33.12, without interest (the “Cash Consideration”); or
a number of ICE Group Shares equal to 0.2581 (the “Stock Consideration”).
Based on available information as of 5:00 p.m., New York City time, on October 31, 2013 (the “Election Deadline”), the preliminary merger consideration election results were as follows:
Holders of approximately 2.78% of the outstanding shares of NYX common stock, or 6,763,293 shares of common stock, elected the Standard Consideration.
Holders of approximately 0.43% of the outstanding shares of NYX common stock, or 1,051,893 shares of common stock, elected the Cash Consideration.
Holders of approximately 81.74% of the outstanding shares of NYX common stock, or 198,874,449 shares of common stock, elected the Stock Consideration.
Holders of approximately 15.04% of the outstanding shares of NYX common stock, or 36,602,258 shares of common stock, failed to make a valid election prior to the Election Deadline, and therefore are deemed to have elected the Standard Consideration.
Because the Stock Consideration option was substantially oversubscribed, the consideration to be received by the holders who elected the Stock Consideration will be prorated pursuant to the terms set forth in the Merger Agreement. After the final results of the merger consideration election process are determined, the final allocation of merger consideration will be calculated in accordance with the terms of the Merger Agreement.
About IntercontinentalExchange
IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated exchanges and clearing houses serving the risk management needs of global markets for agricultural, credit, currency, emissions, energy and equity index products. www.theice.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange's business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the SEC on February 6, 2013.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world’s equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. For more information, please visit: http://www.nyx.com.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
This written communication contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “continue,” “could,” “future” or the negative of those terms or other words of similar meaning. You should carefully read forward-looking statements, including statements that contain these words, because they discuss our future expectations or state other “forward-looking” information. Forward-looking statements are subject to numerous assumptions, risks and uncertainties which change over time. ICE Group, ICE and NYSE Euronext caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement.
Forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving ICE Group, ICE and NYSE Euronext, including future financial results, ICE’s and NYSE Euronext’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in ICE’s and NYSE Euronext’s filings with the U.S. Securities and Exchange Commission (the “SEC”). These risks and uncertainties include, without limitation, the following: the inability to close the merger in a timely manner; the failure to satisfy other conditions to completion of the merger, including receipt of required regulatory and other approvals; the failure of the proposed transaction to close for any other reason; the possibility that any of the anticipated benefits of the proposed transaction will not be realized; the risk that integration of NYSE Euronext’s operations with those of ICE will be materially delayed or will be more costly or difficult than expected; the challenges of integrating and retaining key employees; the effect of the announcement of the transaction on ICE’s, NYSE Euronext’s or the combined company’s respective business relationships, operating results and business generally; the possibility that the anticipated synergies and cost savings of the merger will not be realized, or will not be realized within the expected time period; the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management’s attention from ongoing business operations and opportunities; general competitive, economic, political and market conditions and fluctuations; actions taken or conditions imposed by the United States and foreign governments or regulatory authorities; and adverse outcomes of pending or threatened litigation or government investigations. In addition, you should carefully consider the risks and uncertainties and other factors that may affect future results of the combined company, as are described in the section entitled “Risk Factors” in the joint proxy statement/prospectus filed by ICE Group with the SEC, and as described in ICE’s and NYSE Euronext’s respective filings with the SEC that are available on the SEC’s web site located at www.sec.gov, including the sections entitled “Risk Factors” in ICE’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 6, 2013, and “Risk Factors” in NYSE Euronext’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 26, 2013. You should not place undue reliance on forward-looking statements, which speak only as of the date of this written communication. Except for any obligations to disclose material information under the Federal securities laws, ICE Group, ICE and NYSE Euronext undertake no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this written communication.
IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND WHERE TO FIND IT
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed transaction, ICE Group has filed with the SEC a registration statement on Form S-4, which the SEC has declared effective and which contains a joint proxy statement/prospectus with respect to the proposed acquisition of NYSE Euronext by ICE Group. The final joint proxy statement/prospectus has been delivered to the stockholders of ICE and NYSE Euronext. INVESTORS AND SECURITY HOLDERS OF BOTH ICE AND NYSE EURONEXT ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION CAREFULLY AND IN ITS ENTIRETY, INCLUDING ANY DOCUMENTS PREVIOUSLY FILED WITH THE SEC AND INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE IT CONTAINS IMPORTANT INFORMATION REGARDING ICE, NYSE EURONEXT AND THE PROPOSED TRANSACTION. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus, as well as other filings containing information about ICE and NYSE Euronext, without charge, at the SEC’s website at http://www.sec.gov. Investors may also obtain these documents, without charge, from ICE’s website at http://www.theice.com and from NYSE Euronext’s website at http://www.nyx.com.
Contacts
Media
Robert Rendine: 212.656.2180; rrendine@nyx.com
Eric Ryan: 212.656.2411; eryan@nyx.com
Caroline Tourrier: +33 (0)1 49 27 10 82; ctourrier@nyx.com
Investor Relations
Stephen Davidson: 212.656.2183; sdavidson@nyx.com
Permalink: http://me-newswire.net/news/9048/en
NEW YORK - Sunday, November 3rd 2013
IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, and NYSE Euronext (NYSE: NYX), today announced the preliminary results of the elections made by shareholders of NYX regarding their preference as to the form of merger consideration they will receive in connection with ICE’s pending acquisition of NYX, which is currently expected to be effective within two business days after receipt of the final regulatory approvals, which ICE and NYX expect to receive in the coming days.
As previously announced, under the terms of the Amended and Restated Agreement and Plan of Merger, dated as of March 19, 2013 (the “Merger Agreement”), by and among NYX, ICE, IntercontinentalExchange Group, Inc. (“ICE Group”), Braves Merger Sub, Inc., and NYSE Euronext Holdings LLC (f/k/a Baseball Merger Sub, LLC), subject to proration, allocation and certain limitations set forth in the Merger Agreement, shareholders of NYX had the option to elect to receive for each share of NYX common stock (except for excluded shares and dissenting shares as more particularly set forth in the Merger Agreement):
a number of validly issued, fully paid and non-assessable shares of common stock of ICE Group, par value $0.01 per share (each, an “ICE Group Share”) equal to 0.1703 and an amount of cash equal to $11.27, without interest (together, the “Standard Consideration”);
an amount in cash equal to $33.12, without interest (the “Cash Consideration”); or
a number of ICE Group Shares equal to 0.2581 (the “Stock Consideration”).
Based on available information as of 5:00 p.m., New York City time, on October 31, 2013 (the “Election Deadline”), the preliminary merger consideration election results were as follows:
Holders of approximately 2.78% of the outstanding shares of NYX common stock, or 6,763,293 shares of common stock, elected the Standard Consideration.
Holders of approximately 0.43% of the outstanding shares of NYX common stock, or 1,051,893 shares of common stock, elected the Cash Consideration.
Holders of approximately 81.74% of the outstanding shares of NYX common stock, or 198,874,449 shares of common stock, elected the Stock Consideration.
Holders of approximately 15.04% of the outstanding shares of NYX common stock, or 36,602,258 shares of common stock, failed to make a valid election prior to the Election Deadline, and therefore are deemed to have elected the Standard Consideration.
Because the Stock Consideration option was substantially oversubscribed, the consideration to be received by the holders who elected the Stock Consideration will be prorated pursuant to the terms set forth in the Merger Agreement. After the final results of the merger consideration election process are determined, the final allocation of merger consideration will be calculated in accordance with the terms of the Merger Agreement.
About IntercontinentalExchange
IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated exchanges and clearing houses serving the risk management needs of global markets for agricultural, credit, currency, emissions, energy and equity index products. www.theice.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange's business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the SEC on February 6, 2013.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world’s equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. For more information, please visit: http://www.nyx.com.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
This written communication contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “continue,” “could,” “future” or the negative of those terms or other words of similar meaning. You should carefully read forward-looking statements, including statements that contain these words, because they discuss our future expectations or state other “forward-looking” information. Forward-looking statements are subject to numerous assumptions, risks and uncertainties which change over time. ICE Group, ICE and NYSE Euronext caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement.
Forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving ICE Group, ICE and NYSE Euronext, including future financial results, ICE’s and NYSE Euronext’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in ICE’s and NYSE Euronext’s filings with the U.S. Securities and Exchange Commission (the “SEC”). These risks and uncertainties include, without limitation, the following: the inability to close the merger in a timely manner; the failure to satisfy other conditions to completion of the merger, including receipt of required regulatory and other approvals; the failure of the proposed transaction to close for any other reason; the possibility that any of the anticipated benefits of the proposed transaction will not be realized; the risk that integration of NYSE Euronext’s operations with those of ICE will be materially delayed or will be more costly or difficult than expected; the challenges of integrating and retaining key employees; the effect of the announcement of the transaction on ICE’s, NYSE Euronext’s or the combined company’s respective business relationships, operating results and business generally; the possibility that the anticipated synergies and cost savings of the merger will not be realized, or will not be realized within the expected time period; the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management’s attention from ongoing business operations and opportunities; general competitive, economic, political and market conditions and fluctuations; actions taken or conditions imposed by the United States and foreign governments or regulatory authorities; and adverse outcomes of pending or threatened litigation or government investigations. In addition, you should carefully consider the risks and uncertainties and other factors that may affect future results of the combined company, as are described in the section entitled “Risk Factors” in the joint proxy statement/prospectus filed by ICE Group with the SEC, and as described in ICE’s and NYSE Euronext’s respective filings with the SEC that are available on the SEC’s web site located at www.sec.gov, including the sections entitled “Risk Factors” in ICE’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 6, 2013, and “Risk Factors” in NYSE Euronext’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 26, 2013. You should not place undue reliance on forward-looking statements, which speak only as of the date of this written communication. Except for any obligations to disclose material information under the Federal securities laws, ICE Group, ICE and NYSE Euronext undertake no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this written communication.
IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND WHERE TO FIND IT
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed transaction, ICE Group has filed with the SEC a registration statement on Form S-4, which the SEC has declared effective and which contains a joint proxy statement/prospectus with respect to the proposed acquisition of NYSE Euronext by ICE Group. The final joint proxy statement/prospectus has been delivered to the stockholders of ICE and NYSE Euronext. INVESTORS AND SECURITY HOLDERS OF BOTH ICE AND NYSE EURONEXT ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION CAREFULLY AND IN ITS ENTIRETY, INCLUDING ANY DOCUMENTS PREVIOUSLY FILED WITH THE SEC AND INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE IT CONTAINS IMPORTANT INFORMATION REGARDING ICE, NYSE EURONEXT AND THE PROPOSED TRANSACTION. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus, as well as other filings containing information about ICE and NYSE Euronext, without charge, at the SEC’s website at http://www.sec.gov. Investors may also obtain these documents, without charge, from ICE’s website at http://www.theice.com and from NYSE Euronext’s website at http://www.nyx.com.
Contacts
Media
Robert Rendine: 212.656.2180; rrendine@nyx.com
Eric Ryan: 212.656.2411; eryan@nyx.com
Caroline Tourrier: +33 (0)1 49 27 10 82; ctourrier@nyx.com
Investor Relations
Stephen Davidson: 212.656.2183; sdavidson@nyx.com
Permalink: http://me-newswire.net/news/9048/en
Bentley Announces Winners of 2013 Be Inspired Awards
LONDON - Sunday, November 3rd 2013 [ME NewsWire]
The Year in Infrastructure 2013
(BUSINESS WIRE) Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced the winners of the 2013 Be Inspired Awards. The awards honor the extraordinary work of Bentley users improving the world’s infrastructure. They were presented last night at a ceremony during The Year in Infrastructure 2013 Conference, held 29-31 October in London, United Kingdom. This global gathering of leading executives in the world of infrastructure design, construction, and operations featured presentations and interactive sessions exploring the intersection of technology and business drivers, and how they are shaping the future of infrastructure delivery and investment returns. It was also attended by more than 100 members of the media from leading publications around the globe.
Special guest keynoters included Sir John Armitt, chairman of the Olympic Delivery Authority for London 2012 and chairman of National Express; Andrew Wolstenholme, CEO of Crossrail Ltd.; Peter Hansford, chief construction advisor to the U.K. government; and Pedro Miranda, corporate VP, Siemens AG, and head of the Global Center of Competence Cities.
During the awards ceremony, 22 Be Inspired Awards winners and nine Be Inspired Special Recognition Awards winners were acknowledged. In addition, this year’s recipient of the Bentley Educator of the Year award, Dr. Francelina Neto of California State Polytechnic University Pomona, United States, was acknowledged, as was Captain Nicholas Sloane, the Salvage Master of the Costa Concordia Parbuckling Project, who was saluted as an Infrastructure Hero for his key role in this unprecedented engineering feat to safely right and remove the sunken Costa Concordia cruise ship.
Six independent panels of jurors, comprising accomplished Bentley users and distinguished industry experts, selected the Be Inspired Awards winners from 65 project finalists. These finalists had been previously chosen from submissions by more than 300 organizations in 43 countries.
Candidates for Bentley’s Be Inspired Special Recognition Awards were selected by the jurors from the top finalist projects as well as other exemplary nominations. This selection was based on the projects’ uniquely innovative and visionary achievements that transcend the narrower focus of the standing Be Inspired Awards categories. The nominees were then reviewed by a panel of Bentley executives, who evaluated them based on the criteria established for each award.
Bentley Systems CEO Greg Bentley said, “I attend many Bentley events throughout the year, and I certainly enjoy and value each and every one of them. But our Be Inspired Awards ceremony – now part of our broader and more compelling Year in Infrastructure Conference – is, indeed, one of my favorites. It reminds me why all of us in the field of sustaining infrastructure do what we do. Hearing about the remarkable projects that are delivered every year in service to enhanced quality of life is an inspiration like no other. I thank and congratulate this year’s award winners, along with all of our nominees, for their important contributions to sustaining our society, our environment, and global economic growth.”
Bentley Systems has posted highlights of this year’s winning projects on its website and will include detailed descriptions of all nominated projects in the print and digital versions of The Year in Infrastructure 2013, which will be published by year’s end. To review the last nine editions of this publication, which together feature more than 2,000 world-class projects recognized in the Be Inspired Awards program since 2004, visit www.bentley.com/yearininfrastructure.
The Be Inspired Special Recognition Awards winners for 2013 are as follows:
Sustaining Our Society
Henan Water & Power Engineering Consulting Co., Ltd – Shahe Aqueduct Project – (Pingdingshan, Henan, China)
Sustaining Our Environment
Kursk Power Station and JSC Neolant – Information Support System for Decommissioning Kursk Nuclear Power Plant – (Kurchatov, Kursk Region, Russia)
Sustaining the Professions
SNC-Lavalin – (Montreal, Quebec, Canada)
Attaining Return on Innovation
Kellogg Joint Venture Gorgon – Gorgon Project – (Barrow Island, Australia)
Infrastructure Hero of the Year
TECON S.r.l. – Costa Concordia Wreck Removal Project – (Isola del Giglio, Grosseto, Italy)
Initiative in Information Mobility
Imarati Engineers & Consultants – IEC BIM-based Program Management – (Abu Dhabi, United Arab Emirates)
Innovation in Comprehensive BIM
Morphosis Architects – Perot Museum of Nature and Science – (Dallas, Texas, United States)
Innovation in Comprehensive BIM
Consolidated Contractors Company on Behalf of TCAJV – Midfield Terminal Building - Abu Dhabi International Airport – (Abu Dhabi, United Arab Emirates)
Innovation in Comprehensive BIM
GS Engineering & Construction – Mokpo Cable-stayed Bridge – (Mokpo, South Korea)
The Be Inspired Awards winners for 2013 are as follows:
Innovation in Asset Lifecycle Information Management
Suncor Energy Inc. (Edmonton Refinery) – Information Plant – (Edmonton, Alberta, Canada)
Innovation in Asset Performance Management
ScottishPower – ScottishPower Strategy for Asset Management and Process Safety – (United Kingdom)
Innovation in Bridges
Bloom Companies, LLC – Rawson Avenue Interchange Reconstruction – (Milwaukee, Wisconsin, United States)
Innovation in Building
Rogers Stirk Harbour + Partners – Cancer Treatment Centre for Guy’s and St Thomas’ Hospitals – (London, United Kingdom)
Innovation in Collaboration Using i-models
CB&I Power – AP1000 Nuclear Power Plant i-models – (Jenkinsville, South Carolina and Waynesboro, Georgia, United States)
Innovation in Construction
Intelliwave Technologies Inc. – Alberta Oil Sands – (Alberta, Canada)
Innovation in Generative Design
LAB Architecture Studio with SIADR – Wujin Council Offices – (Changzhou, Jiangsu, China)
Innovation in Geospatial Networks
EPCOR Water Services Inc. – WALRUS - Water and Land Related Utility System – (Edmonton, Alberta, Canada)
Innovation in Government
Crossrail Ltd – Managing Complexity on Crossrail – (London, United Kingdom)
Innovation in Land Development, Engineering, and Management
Foth Infrastructure & Environment, LLC – Lower Fox River, Operable Unit 1 – (Neenah, Wisconsin, United States)
Innovation in Mining and Metals
Hatch Associates Pty Ltd – Qinghai Magnesium Smelter – Dehydration Facility – (Golmud, Qinghai, China)
Innovation in Offshore Engineering
TECON S.r.l. – Costa Concordia Wreck Removal Project – (Isola del Giglio, Grosseto, Italy)
Innovation in Point-cloud Processing and Management
J.L. Patterson & Associates, Inc. – Cascade Tunnel Study – (Stevens Pass, Washington, United States)
Innovation in Power Generation
Eskom Holdings (Pty) Ltd – Kusile Power Station - Virtual 3D Plant Simulator for O&M – (Witbank, Mpumalanga, South Africa)
Innovation in Process Manufacturing
Pall India Pvt. Ltd. – Jet-pulse Blowback Filtration System (Gas Solid Separation System-GSS) – (Panipat, Haryana, India)
Innovation in Rail and Transit
Ineco – HS2 Birmingham Delta Junction – (Birmingham, United Kingdom)
Innovation in Roads
URS Corporation – Stockholm Bypass, FSK06 Akalla - Häggvik Design Contract – (Stockholm, Sweden)
Innovation in Structural Engineering
Shibanee and Kamal Architects – Bhau Institute of Innovation, Entrepreneurship and Leadership – (Pune, Maharashtra, India)
Innovation in Transportation Asset Management
Utah Transit Authority – Transit Asset Management – (Salt Lake City, Utah, United States)
Innovation in Utility Transmission and Distribution Infrastructure
China Power Construction Corporation Jiangxi Electric Power Design Institute – Duxiling 220 Kilovolt Substation – (Pingxiang, Jiangxi, China)
Innovation in Water or Wastewater Treatment Plants
CH2M HILL – City of Las Vegas Wastewater Pollution Control Facility (WPCF) Infrastructure Replacement – (Las Vegas, Nevada, United States)
Innovation in Water, Wastewater, and Stormwater Network Modeling and Analysis
Maynilad Water Services, Inc. – Remote Leak Detection through Hydraulic Modeling – (Malabon City, Philippines)
For additional information about each of the 2013 Be Inspired Awards project winners, visit www.bentley.com/beinspired2013winners.
About Be Inspired Awards Program and The Year in Infrastructure 2013 Conference
Since 2004, the Be Inspired Awards competition has showcased excellence and innovation in the design, construction, and operations of architecture and engineering infrastructure projects around the world. The Be Inspired Awards is unique – the only competition of its kind that is global in scope and comprehensive in categories covered, encompassing all types of infrastructure projects. In the awards program, which is open to all users of Bentley software, independent panels of industry experts select finalists for each category. For additional information, visit www.bentley.com/BeInspired.
Bentley’s Year in Infrastructure Conference is a global gathering of leading executives in the world of infrastructure design, construction, and operations. The conference features a series of presentations and interactive workshops exploring the intersection of technology and business drivers, and how they are shaping the future of infrastructure delivery and investment returns.
The Year in Infrastructure 2013 Conference included:
The Innovations for Buildings Summit
The International Rail and Transit Summit
The Project Delivery Summit
The Power Delivery Summit
The Asset Performance Management Summit
The Be Inspired Awards
CIO Workshop – An invitation-only workshop for CIOs and business executives focused on the asset information management needs of infrastructure owner-operators
Media Day
On Oct. 28, more than 100 journalists from leading media outlets around the globe gathered at the Hilton London Metropole for Bentley’s annual Media Day briefing. These journalists also participated in The Year in Infrastructure 2013 Conference.
For additional information about The Year in Infrastructure 2013 Conference, click here.
About Bentley Systems, Incorporated
Bentley is the global leader dedicated to providing architects, engineers, geospatial professionals, constructors, and owner-operators with comprehensive software solutions for sustaining infrastructure. Bentley Systems applies information mobility to improve asset performance by leveraging information modeling through integrated projects for intelligent infrastructure. Its solutions encompass the MicroStation platform for infrastructure design and modeling, the ProjectWise platform for infrastructure project team collaboration and work sharing, and the AssetWise platform for infrastructure asset operations – all supporting a broad portfolio of interoperable applications and complemented by worldwide professional services. Founded in 1984, Bentley has more than 3,000 colleagues in 50 countries, more than $500 million in annual revenues, and since 2005 has invested more than $1 billion in research, development, and acquisitions.
Additional information about Bentley is available at www.bentley.com and in Bentley’s annual report. For Bentley news as it happens, subscribe to an RSS feed of Bentley press releases and news alerts. To view a searchable collection of innovative infrastructure projects from the annual Be Inspired Awards, access Bentley’s Year in Infrastructure publications. To access a professional networking site that enables members of the infrastructure community to connect, communicate, and learn from each other, visit Be Communities.
To download the Bentley Infrastructure 500 Top Owners ranking, a unique global compendium of the top public- and private-sector owners of infrastructure based on the value of their cumulative infrastructure investments, visit www.bentley.com/500.
Bentley, the “B” Bentley logo, Be, MicroStation, and ProjectWise are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.
Contacts
Bentley Systems, Incorporated
Press Contact:
Ron Kuhfeld, +1 610-321-6493
ron.kuhfeld@bentley.com
Follow us on Twitter
@BentleySystems
#YII2013
Permalink: http://www.me-newswire.net/news/9046/en
The Year in Infrastructure 2013
(BUSINESS WIRE) Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced the winners of the 2013 Be Inspired Awards. The awards honor the extraordinary work of Bentley users improving the world’s infrastructure. They were presented last night at a ceremony during The Year in Infrastructure 2013 Conference, held 29-31 October in London, United Kingdom. This global gathering of leading executives in the world of infrastructure design, construction, and operations featured presentations and interactive sessions exploring the intersection of technology and business drivers, and how they are shaping the future of infrastructure delivery and investment returns. It was also attended by more than 100 members of the media from leading publications around the globe.
Special guest keynoters included Sir John Armitt, chairman of the Olympic Delivery Authority for London 2012 and chairman of National Express; Andrew Wolstenholme, CEO of Crossrail Ltd.; Peter Hansford, chief construction advisor to the U.K. government; and Pedro Miranda, corporate VP, Siemens AG, and head of the Global Center of Competence Cities.
During the awards ceremony, 22 Be Inspired Awards winners and nine Be Inspired Special Recognition Awards winners were acknowledged. In addition, this year’s recipient of the Bentley Educator of the Year award, Dr. Francelina Neto of California State Polytechnic University Pomona, United States, was acknowledged, as was Captain Nicholas Sloane, the Salvage Master of the Costa Concordia Parbuckling Project, who was saluted as an Infrastructure Hero for his key role in this unprecedented engineering feat to safely right and remove the sunken Costa Concordia cruise ship.
Six independent panels of jurors, comprising accomplished Bentley users and distinguished industry experts, selected the Be Inspired Awards winners from 65 project finalists. These finalists had been previously chosen from submissions by more than 300 organizations in 43 countries.
Candidates for Bentley’s Be Inspired Special Recognition Awards were selected by the jurors from the top finalist projects as well as other exemplary nominations. This selection was based on the projects’ uniquely innovative and visionary achievements that transcend the narrower focus of the standing Be Inspired Awards categories. The nominees were then reviewed by a panel of Bentley executives, who evaluated them based on the criteria established for each award.
Bentley Systems CEO Greg Bentley said, “I attend many Bentley events throughout the year, and I certainly enjoy and value each and every one of them. But our Be Inspired Awards ceremony – now part of our broader and more compelling Year in Infrastructure Conference – is, indeed, one of my favorites. It reminds me why all of us in the field of sustaining infrastructure do what we do. Hearing about the remarkable projects that are delivered every year in service to enhanced quality of life is an inspiration like no other. I thank and congratulate this year’s award winners, along with all of our nominees, for their important contributions to sustaining our society, our environment, and global economic growth.”
Bentley Systems has posted highlights of this year’s winning projects on its website and will include detailed descriptions of all nominated projects in the print and digital versions of The Year in Infrastructure 2013, which will be published by year’s end. To review the last nine editions of this publication, which together feature more than 2,000 world-class projects recognized in the Be Inspired Awards program since 2004, visit www.bentley.com/yearininfrastructure.
The Be Inspired Special Recognition Awards winners for 2013 are as follows:
Sustaining Our Society
Henan Water & Power Engineering Consulting Co., Ltd – Shahe Aqueduct Project – (Pingdingshan, Henan, China)
Sustaining Our Environment
Kursk Power Station and JSC Neolant – Information Support System for Decommissioning Kursk Nuclear Power Plant – (Kurchatov, Kursk Region, Russia)
Sustaining the Professions
SNC-Lavalin – (Montreal, Quebec, Canada)
Attaining Return on Innovation
Kellogg Joint Venture Gorgon – Gorgon Project – (Barrow Island, Australia)
Infrastructure Hero of the Year
TECON S.r.l. – Costa Concordia Wreck Removal Project – (Isola del Giglio, Grosseto, Italy)
Initiative in Information Mobility
Imarati Engineers & Consultants – IEC BIM-based Program Management – (Abu Dhabi, United Arab Emirates)
Innovation in Comprehensive BIM
Morphosis Architects – Perot Museum of Nature and Science – (Dallas, Texas, United States)
Innovation in Comprehensive BIM
Consolidated Contractors Company on Behalf of TCAJV – Midfield Terminal Building - Abu Dhabi International Airport – (Abu Dhabi, United Arab Emirates)
Innovation in Comprehensive BIM
GS Engineering & Construction – Mokpo Cable-stayed Bridge – (Mokpo, South Korea)
The Be Inspired Awards winners for 2013 are as follows:
Innovation in Asset Lifecycle Information Management
Suncor Energy Inc. (Edmonton Refinery) – Information Plant – (Edmonton, Alberta, Canada)
Innovation in Asset Performance Management
ScottishPower – ScottishPower Strategy for Asset Management and Process Safety – (United Kingdom)
Innovation in Bridges
Bloom Companies, LLC – Rawson Avenue Interchange Reconstruction – (Milwaukee, Wisconsin, United States)
Innovation in Building
Rogers Stirk Harbour + Partners – Cancer Treatment Centre for Guy’s and St Thomas’ Hospitals – (London, United Kingdom)
Innovation in Collaboration Using i-models
CB&I Power – AP1000 Nuclear Power Plant i-models – (Jenkinsville, South Carolina and Waynesboro, Georgia, United States)
Innovation in Construction
Intelliwave Technologies Inc. – Alberta Oil Sands – (Alberta, Canada)
Innovation in Generative Design
LAB Architecture Studio with SIADR – Wujin Council Offices – (Changzhou, Jiangsu, China)
Innovation in Geospatial Networks
EPCOR Water Services Inc. – WALRUS - Water and Land Related Utility System – (Edmonton, Alberta, Canada)
Innovation in Government
Crossrail Ltd – Managing Complexity on Crossrail – (London, United Kingdom)
Innovation in Land Development, Engineering, and Management
Foth Infrastructure & Environment, LLC – Lower Fox River, Operable Unit 1 – (Neenah, Wisconsin, United States)
Innovation in Mining and Metals
Hatch Associates Pty Ltd – Qinghai Magnesium Smelter – Dehydration Facility – (Golmud, Qinghai, China)
Innovation in Offshore Engineering
TECON S.r.l. – Costa Concordia Wreck Removal Project – (Isola del Giglio, Grosseto, Italy)
Innovation in Point-cloud Processing and Management
J.L. Patterson & Associates, Inc. – Cascade Tunnel Study – (Stevens Pass, Washington, United States)
Innovation in Power Generation
Eskom Holdings (Pty) Ltd – Kusile Power Station - Virtual 3D Plant Simulator for O&M – (Witbank, Mpumalanga, South Africa)
Innovation in Process Manufacturing
Pall India Pvt. Ltd. – Jet-pulse Blowback Filtration System (Gas Solid Separation System-GSS) – (Panipat, Haryana, India)
Innovation in Rail and Transit
Ineco – HS2 Birmingham Delta Junction – (Birmingham, United Kingdom)
Innovation in Roads
URS Corporation – Stockholm Bypass, FSK06 Akalla - Häggvik Design Contract – (Stockholm, Sweden)
Innovation in Structural Engineering
Shibanee and Kamal Architects – Bhau Institute of Innovation, Entrepreneurship and Leadership – (Pune, Maharashtra, India)
Innovation in Transportation Asset Management
Utah Transit Authority – Transit Asset Management – (Salt Lake City, Utah, United States)
Innovation in Utility Transmission and Distribution Infrastructure
China Power Construction Corporation Jiangxi Electric Power Design Institute – Duxiling 220 Kilovolt Substation – (Pingxiang, Jiangxi, China)
Innovation in Water or Wastewater Treatment Plants
CH2M HILL – City of Las Vegas Wastewater Pollution Control Facility (WPCF) Infrastructure Replacement – (Las Vegas, Nevada, United States)
Innovation in Water, Wastewater, and Stormwater Network Modeling and Analysis
Maynilad Water Services, Inc. – Remote Leak Detection through Hydraulic Modeling – (Malabon City, Philippines)
For additional information about each of the 2013 Be Inspired Awards project winners, visit www.bentley.com/beinspired2013winners.
About Be Inspired Awards Program and The Year in Infrastructure 2013 Conference
Since 2004, the Be Inspired Awards competition has showcased excellence and innovation in the design, construction, and operations of architecture and engineering infrastructure projects around the world. The Be Inspired Awards is unique – the only competition of its kind that is global in scope and comprehensive in categories covered, encompassing all types of infrastructure projects. In the awards program, which is open to all users of Bentley software, independent panels of industry experts select finalists for each category. For additional information, visit www.bentley.com/BeInspired.
Bentley’s Year in Infrastructure Conference is a global gathering of leading executives in the world of infrastructure design, construction, and operations. The conference features a series of presentations and interactive workshops exploring the intersection of technology and business drivers, and how they are shaping the future of infrastructure delivery and investment returns.
The Year in Infrastructure 2013 Conference included:
The Innovations for Buildings Summit
The International Rail and Transit Summit
The Project Delivery Summit
The Power Delivery Summit
The Asset Performance Management Summit
The Be Inspired Awards
CIO Workshop – An invitation-only workshop for CIOs and business executives focused on the asset information management needs of infrastructure owner-operators
Media Day
On Oct. 28, more than 100 journalists from leading media outlets around the globe gathered at the Hilton London Metropole for Bentley’s annual Media Day briefing. These journalists also participated in The Year in Infrastructure 2013 Conference.
For additional information about The Year in Infrastructure 2013 Conference, click here.
About Bentley Systems, Incorporated
Bentley is the global leader dedicated to providing architects, engineers, geospatial professionals, constructors, and owner-operators with comprehensive software solutions for sustaining infrastructure. Bentley Systems applies information mobility to improve asset performance by leveraging information modeling through integrated projects for intelligent infrastructure. Its solutions encompass the MicroStation platform for infrastructure design and modeling, the ProjectWise platform for infrastructure project team collaboration and work sharing, and the AssetWise platform for infrastructure asset operations – all supporting a broad portfolio of interoperable applications and complemented by worldwide professional services. Founded in 1984, Bentley has more than 3,000 colleagues in 50 countries, more than $500 million in annual revenues, and since 2005 has invested more than $1 billion in research, development, and acquisitions.
Additional information about Bentley is available at www.bentley.com and in Bentley’s annual report. For Bentley news as it happens, subscribe to an RSS feed of Bentley press releases and news alerts. To view a searchable collection of innovative infrastructure projects from the annual Be Inspired Awards, access Bentley’s Year in Infrastructure publications. To access a professional networking site that enables members of the infrastructure community to connect, communicate, and learn from each other, visit Be Communities.
To download the Bentley Infrastructure 500 Top Owners ranking, a unique global compendium of the top public- and private-sector owners of infrastructure based on the value of their cumulative infrastructure investments, visit www.bentley.com/500.
Bentley, the “B” Bentley logo, Be, MicroStation, and ProjectWise are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.
Contacts
Bentley Systems, Incorporated
Press Contact:
Ron Kuhfeld, +1 610-321-6493
ron.kuhfeld@bentley.com
Follow us on Twitter
@BentleySystems
#YII2013
Permalink: http://www.me-newswire.net/news/9046/en
NYSE Euronext and IntercontinentalExchange Announce Preliminary Results of Proration Calculations
ME Newswire / Business Wire
NEW YORK - Sunday, November 3rd 2013
IntercontinentalExchange (NYSE:ICE), a leading operator of global markets and clearing houses, and NYSE Euronext (NYSE: NYX), today announced the preliminary results of the proration calculations performed by Computershare Inc., the exchange agent for ICE’s pending acquisition of NYX.
As previously announced, under the terms of the Amended and Restated Agreement and Plan of Merger, dated as of March 19, 2013 (the “Merger Agreement”), by and among NYX, ICE, IntercontinentalExchange Group, Inc. (“ICE Group”), Braves Merger Sub, Inc., and NYSE Euronext Holdings LLC (f/k/a Baseball Merger Sub, LLC), subject to proration, allocation and certain limitations set forth in the Merger Agreement, shareholders of NYX had the option to elect to receive for each share of NYX common stock (except for excluded shares and dissenting shares as more particularly set forth in the Merger Agreement):
a number of validly issued, fully paid and non-assessable shares of common stock of ICE Group, par value $0.01 per share (each, an “ICE Group Share”) equal to 0.1703 and an amount of cash equal to $11.27, without interest (together, the “Standard Consideration”);
an amount in cash equal to $33.12, without interest (the “Cash Consideration”); or
a number of ICE Group Shares equal to 0.2581.
As previously announced, because the Stock Consideration option was substantially oversubscribed, the consideration to be received by the holders who elected the Stock Consideration will be prorated pursuant to the terms set forth in the Merger Agreement. Based on available information as of 5:00 p.m., New York City time, on November 1, 2013, and subject to final determination:
Stockholders of NYX who elected to receive the Standard Consideration and those that failed to make a valid election prior to 5:00 p.m., New York City time, on October 31, 2013, the election deadline, and therefore were deemed to have elected the Standard Consideration, will receive the Standard Consideration.
Stockholders of NYX who elected to receive the Cash Consideration will receive the Cash Consideration.
Stockholders of NYX who elected to receive the Stock Consideration will receive, for each share of NYX common stock (except for excluded shares and dissenting shares as more particularly set forth in the Merger Agreement), a number of validly issued, fully paid and non-assessable shares of common stock of ICE Group equal to 0.171200756 and an amount of cash equal $11.154424.
As previously announced, ICE and NYX expect to complete the pending acquisition within two business days after receipt of the final regulatory approvals, which ICE and NYX expect to receive in the coming days.
About IntercontinentalExchange
IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated exchanges and clearing houses serving the risk management needs of global markets for agricultural, credit, currency, emissions, energy and equity index products. www.theice.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the SEC on February 6, 2013.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world’s equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. For more information, please visit: http://www.nyx.com.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
This written communication contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “continue,” “could,” “future” or the negative of those terms or other words of similar meaning. You should carefully read forward-looking statements, including statements that contain these words, because they discuss our future expectations or state other “forward-looking” information. Forward-looking statements are subject to numerous assumptions, risks and uncertainties which change over time. ICE Group, ICE and NYSE Euronext caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement.
Forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving ICE Group, ICE and NYSE Euronext, including future financial results, ICE’s and NYSE Euronext’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in ICE’s and NYSE Euronext’s filings with the U.S. Securities and Exchange Commission (the “SEC”). These risks and uncertainties include, without limitation, the following: the inability to close the merger in a timely manner; the failure to satisfy other conditions to completion of the merger, including receipt of required regulatory and other approvals; the failure of the proposed transaction to close for any other reason; the possibility that any of the anticipated benefits of the proposed transaction will not be realized; the risk that integration of NYSE Euronext’s operations with those of ICE will be materially delayed or will be more costly or difficult than expected; the challenges of integrating and retaining key employees; the effect of the announcement of the transaction on ICE’s, NYSE Euronext’s or the combined company’s respective business relationships, operating results and business generally; the possibility that the anticipated synergies and cost savings of the merger will not be realized, or will not be realized within the expected time period; the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management’s attention from ongoing business operations and opportunities; general competitive, economic, political and market conditions and fluctuations; actions taken or conditions imposed by the United States and foreign governments or regulatory authorities; and adverse outcomes of pending or threatened litigation or government investigations. In addition, you should carefully consider the risks and uncertainties and other factors that may affect future results of the combined company, as are described in the section entitled “Risk Factors” in the joint proxy statement/prospectus filed by ICE Group with the SEC, and as described in ICE’s and NYSE Euronext’s respective filings with the SEC that are available on the SEC’s web site located at www.sec.gov, including the sections entitled “Risk Factors” in ICE’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 6, 2013, and “Risk Factors” in NYSE Euronext’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 26, 2013. You should not place undue reliance on forward-looking statements, which speak only as of the date of this written communication. Except for any obligations to disclose material information under the Federal securities laws, ICE Group, ICE and NYSE Euronext undertake no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this written communication.
IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND WHERE TO FIND IT
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed transaction, ICE Group has filed with the SEC a registration statement on Form S-4, which the SEC has declared effective and which contains a joint proxy statement/prospectus with respect to the proposed acquisition of NYSE Euronext by ICE Group. The final joint proxy statement/prospectus has been delivered to the stockholders of ICE and NYSE Euronext. INVESTORS AND SECURITY HOLDERS OF BOTH ICE AND NYSE EURONEXT ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION CAREFULLY AND IN ITS ENTIRETY, INCLUDING ANY DOCUMENTS PREVIOUSLY FILED WITH THE SEC AND INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE IT CONTAINS IMPORTANT INFORMATION REGARDING ICE, NYSE EURONEXT AND THE PROPOSED TRANSACTION. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus, as well as other filings containing information about ICE and NYSE Euronext, without charge, at the SEC’s website at http://www.sec.gov. Investors may also obtain these documents, without charge, from ICE’s website at http://www.theice.com and from NYSE Euronext’s website at http://www.nyx.com.
Contacts
Media
Robert Rendine: 212-656-2180
rrendine@nyx.com
Eric Ryan: 212-656-2411
eryan@nyx.com
Caroline Tourrier: +33 (0)1 49 27 10 82
ctourrier@nyx.com
Investor Relations
Stephen Davidson: 212-656-2183
sdavidson@nyx.com
Permalink: http://me-newswire.net/news/9061/en
NEW YORK - Sunday, November 3rd 2013
IntercontinentalExchange (NYSE:ICE), a leading operator of global markets and clearing houses, and NYSE Euronext (NYSE: NYX), today announced the preliminary results of the proration calculations performed by Computershare Inc., the exchange agent for ICE’s pending acquisition of NYX.
As previously announced, under the terms of the Amended and Restated Agreement and Plan of Merger, dated as of March 19, 2013 (the “Merger Agreement”), by and among NYX, ICE, IntercontinentalExchange Group, Inc. (“ICE Group”), Braves Merger Sub, Inc., and NYSE Euronext Holdings LLC (f/k/a Baseball Merger Sub, LLC), subject to proration, allocation and certain limitations set forth in the Merger Agreement, shareholders of NYX had the option to elect to receive for each share of NYX common stock (except for excluded shares and dissenting shares as more particularly set forth in the Merger Agreement):
a number of validly issued, fully paid and non-assessable shares of common stock of ICE Group, par value $0.01 per share (each, an “ICE Group Share”) equal to 0.1703 and an amount of cash equal to $11.27, without interest (together, the “Standard Consideration”);
an amount in cash equal to $33.12, without interest (the “Cash Consideration”); or
a number of ICE Group Shares equal to 0.2581.
As previously announced, because the Stock Consideration option was substantially oversubscribed, the consideration to be received by the holders who elected the Stock Consideration will be prorated pursuant to the terms set forth in the Merger Agreement. Based on available information as of 5:00 p.m., New York City time, on November 1, 2013, and subject to final determination:
Stockholders of NYX who elected to receive the Standard Consideration and those that failed to make a valid election prior to 5:00 p.m., New York City time, on October 31, 2013, the election deadline, and therefore were deemed to have elected the Standard Consideration, will receive the Standard Consideration.
Stockholders of NYX who elected to receive the Cash Consideration will receive the Cash Consideration.
Stockholders of NYX who elected to receive the Stock Consideration will receive, for each share of NYX common stock (except for excluded shares and dissenting shares as more particularly set forth in the Merger Agreement), a number of validly issued, fully paid and non-assessable shares of common stock of ICE Group equal to 0.171200756 and an amount of cash equal $11.154424.
As previously announced, ICE and NYX expect to complete the pending acquisition within two business days after receipt of the final regulatory approvals, which ICE and NYX expect to receive in the coming days.
About IntercontinentalExchange
IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated exchanges and clearing houses serving the risk management needs of global markets for agricultural, credit, currency, emissions, energy and equity index products. www.theice.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the SEC on February 6, 2013.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world’s equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. For more information, please visit: http://www.nyx.com.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
This written communication contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “continue,” “could,” “future” or the negative of those terms or other words of similar meaning. You should carefully read forward-looking statements, including statements that contain these words, because they discuss our future expectations or state other “forward-looking” information. Forward-looking statements are subject to numerous assumptions, risks and uncertainties which change over time. ICE Group, ICE and NYSE Euronext caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement.
Forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving ICE Group, ICE and NYSE Euronext, including future financial results, ICE’s and NYSE Euronext’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in ICE’s and NYSE Euronext’s filings with the U.S. Securities and Exchange Commission (the “SEC”). These risks and uncertainties include, without limitation, the following: the inability to close the merger in a timely manner; the failure to satisfy other conditions to completion of the merger, including receipt of required regulatory and other approvals; the failure of the proposed transaction to close for any other reason; the possibility that any of the anticipated benefits of the proposed transaction will not be realized; the risk that integration of NYSE Euronext’s operations with those of ICE will be materially delayed or will be more costly or difficult than expected; the challenges of integrating and retaining key employees; the effect of the announcement of the transaction on ICE’s, NYSE Euronext’s or the combined company’s respective business relationships, operating results and business generally; the possibility that the anticipated synergies and cost savings of the merger will not be realized, or will not be realized within the expected time period; the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management’s attention from ongoing business operations and opportunities; general competitive, economic, political and market conditions and fluctuations; actions taken or conditions imposed by the United States and foreign governments or regulatory authorities; and adverse outcomes of pending or threatened litigation or government investigations. In addition, you should carefully consider the risks and uncertainties and other factors that may affect future results of the combined company, as are described in the section entitled “Risk Factors” in the joint proxy statement/prospectus filed by ICE Group with the SEC, and as described in ICE’s and NYSE Euronext’s respective filings with the SEC that are available on the SEC’s web site located at www.sec.gov, including the sections entitled “Risk Factors” in ICE’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 6, 2013, and “Risk Factors” in NYSE Euronext’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 26, 2013. You should not place undue reliance on forward-looking statements, which speak only as of the date of this written communication. Except for any obligations to disclose material information under the Federal securities laws, ICE Group, ICE and NYSE Euronext undertake no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this written communication.
IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND WHERE TO FIND IT
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed transaction, ICE Group has filed with the SEC a registration statement on Form S-4, which the SEC has declared effective and which contains a joint proxy statement/prospectus with respect to the proposed acquisition of NYSE Euronext by ICE Group. The final joint proxy statement/prospectus has been delivered to the stockholders of ICE and NYSE Euronext. INVESTORS AND SECURITY HOLDERS OF BOTH ICE AND NYSE EURONEXT ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION CAREFULLY AND IN ITS ENTIRETY, INCLUDING ANY DOCUMENTS PREVIOUSLY FILED WITH THE SEC AND INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE IT CONTAINS IMPORTANT INFORMATION REGARDING ICE, NYSE EURONEXT AND THE PROPOSED TRANSACTION. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus, as well as other filings containing information about ICE and NYSE Euronext, without charge, at the SEC’s website at http://www.sec.gov. Investors may also obtain these documents, without charge, from ICE’s website at http://www.theice.com and from NYSE Euronext’s website at http://www.nyx.com.
Contacts
Media
Robert Rendine: 212-656-2180
rrendine@nyx.com
Eric Ryan: 212-656-2411
eryan@nyx.com
Caroline Tourrier: +33 (0)1 49 27 10 82
ctourrier@nyx.com
Investor Relations
Stephen Davidson: 212-656-2183
sdavidson@nyx.com
Permalink: http://me-newswire.net/news/9061/en
Coca-Cola and (RED) Join Forces to Inspire People to Move for the Movement to Help Deliver an AIDS-Free Generation
Harry Shum, Jr., Jabbawockeez and Dancers from Around the World Invite People to Get Up and Dance to Help End Mother-To-Child Transmission of HIV
ME NewsWire / Business Wire
ATLANTA - Saturday, November 2nd 2013
Your favorite dance move could help save lives. Coca-Cola and (RED) have enlisted the help of Harry Shum, Jr. (Mike Chang, “Glee”) and the world-famous dance crew Jabbawockeez, as well as other notable dancers to harness the power of dance and inspire people to participate in a global dance movement with the goal of helping end mother-to-child transmission of HIV by 2015. Every day, 700 babies are born with HIV. By supporting programs that offer prevention, treatment, counseling, HIV testing and care services for pregnant women, that number can be near zero.
Being part of the movement couldn’t be easier. Step to the left, then step to the right or do whatever moves come naturally to you and then upload a video of the dance to YouTube or Instagram, using #CokeREDMoves in the title or as the hashtag. For the first 1,000 videos submitted, Coca-Cola will make a donation to buy life-saving medicine for someone living with HIV. This is in addition to the $1 million donation Coca-Cola made earlier this year to the Global Fund to help finance HIV/AIDS programs in Africa.
“We hold a fundamental belief that more movement brings more happiness, for everyone,” said Wendy Clark, SVP Sparkling Brand Center, The Coca-Cola Company. “Partnering with (RED) to connect people through the universal language of dance is a meaningful way to show our support.”
In collaboration with The DanceOn Network - the leading dance channel on YouTube – and Recreation Worldwide, Coca-Cola worked with Shum, Jabbawockeez, Nappy Tabs, Brian Puspos and Ian Eastwood, 8 Flavahz, Tyanna Padilla aka “Tiny Miney”, Jasmine Meakin from “Mega Jam” and Les Twins. The dancers came together to support the cause in the official music video for Celebrate (Tommy Trash Remix) by Empire of the Sun & Tommy Trash, which was created exclusively for (RED) and launched today on YouTube www.youtube.com/watch?v=9lWhVii3D24. The track will be featured on the upcoming DANCE (RED) SAVE LIVES2 compilation album.
To help inspire people to show their moves, Shum and the Jabawockeez developed an easy-to-follow dance that anyone can learn that is featured in the music video. Consumers can visit www.CokeREDMoves.com to download a free clip of the Celebrate remix, view a tutorial for the dance move and find instructions on how to upload a dance video and to learn more about how their moves could help support this important cause.
“This cause and this program really spoke to me,” said Shum. “Dancing is such a huge part of my life and I believe in its power to bring people from all walks of life together for a singular purpose. It’s inspiring to know that my generation has the power to help eliminate mother-to-child transmission of HIV. I’m excited to work with Coca-Cola and (RED) to help make that goal a reality.”
Coca-Cola has made a commitment of more than $5 million USD from 2011 to 2015, and over the next two years the partnership with (RED) will raise awareness and money to help eliminate mother-to-child transmission of HIV. This money will help fund up to 7.5 million doses of antiretroviral treatment for people affected by HIV/AIDS in Africa.
“Raising awareness and heat around the AIDS fight is so critical to winning the battle against this disease,” said Deborah Dugan, Chief Executive Officer for (RED). “Coca-Cola has the unique ability to motivate and inspire young people around the world to get involved and show their support through great initiatives like this. We’re so excited to have such extraordinary support for this year’s DANCE (RED), SAVE LIVES campaign.”
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led by Coca-Cola, one of the world's most valuable and recognizable brands, our Company's portfolio features 16 billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of more than 1.8 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system associates. For more information, visit Coca-Cola Journey at www.coca-colacompany.com, follow us on Twitter at twitter.com/CocaColaCo, visit our blog, Coca-Cola Unbottled, at www.coca-colablog.com or find us on LinkedIn at www.linkedin.com/company/the-coca-cola-company.
About (RED)™
(RED) was founded in 2006 by Bono and Bobby Shriver to engage businesses and people in the fight against AIDS.
(RED) partners with the world’s most iconic brands who contribute up to 50% of profits from (RED) branded goods and services to the Global Fund. (RED) Proud Partners include: Apple, Starbucks, The Coca-Cola Company, Beats by Dr. Dre, Belvedere, Claro, SAP and Telcel. (RED) Special Edition partners include: Shazam, Girl Skateboards, Mophie, FEED, Nanda Home, Bottletop, Tourneau, Fatboy USA, Bed Bath & Beyond, HEAD. To date, (RED) has generated more than $215 million for the Global Fund to fight AIDS, Tuberculosis and Malaria, to support HIV/AIDS grants in Ghana, Lesotho, Rwanda, South Africa, Swaziland, Zambia, Kenya and Tanzania. 100 percent of that money goes to work on the ground – no overhead is taken. Global Fund grants that (RED) supports have impacted more than 14 million people with prevention, treatment, counseling, HIV testing and care services. (RED) is a division of The ONE Campaign. Learn more at www.red.org.
About The Global Fund to Fight AIDS, Tuberculosis and Malaria
The Global Fund is an international financing institution dedicated to attracting and disbursing resources to prevent and treat HIV and AIDS, TB and malaria. The Global Fund promotes partnerships between governments, civil society, the private sector and affected communities, the most effective way to help reach those in need. This innovative approach relies on country ownership and performance-based funding, meaning that people in countries implement their own programs based on their priorities and the Global Fund provides financing where verifiable results are achieved.
Since its creation in 2002, the Global Fund has approved funding of US$ 22.9 billion for in 140 countries. To date, programs supported by the Global Fund have provided AIDS treatment for 5.3 million people, anti-tuberculosis treatment for 11 million people and 340 million insecticide-treated nets for the prevention of malaria. The Global Fund works in close collaboration with other bilateral and multilateral organizations to supplement existing efforts in dealing with the three diseases.
NOTE TO EDITORS:
Visuals to accompany this release can be viewed at: http://www.coca-colacompany.com/press-center/
Contacts
The Coca-Cola Company
Kate Hartman, +01-404-676-2683
Permalink: http://www.me-newswire.net/news/9041/en
ME NewsWire / Business Wire
ATLANTA - Saturday, November 2nd 2013
Your favorite dance move could help save lives. Coca-Cola and (RED) have enlisted the help of Harry Shum, Jr. (Mike Chang, “Glee”) and the world-famous dance crew Jabbawockeez, as well as other notable dancers to harness the power of dance and inspire people to participate in a global dance movement with the goal of helping end mother-to-child transmission of HIV by 2015. Every day, 700 babies are born with HIV. By supporting programs that offer prevention, treatment, counseling, HIV testing and care services for pregnant women, that number can be near zero.
Being part of the movement couldn’t be easier. Step to the left, then step to the right or do whatever moves come naturally to you and then upload a video of the dance to YouTube or Instagram, using #CokeREDMoves in the title or as the hashtag. For the first 1,000 videos submitted, Coca-Cola will make a donation to buy life-saving medicine for someone living with HIV. This is in addition to the $1 million donation Coca-Cola made earlier this year to the Global Fund to help finance HIV/AIDS programs in Africa.
“We hold a fundamental belief that more movement brings more happiness, for everyone,” said Wendy Clark, SVP Sparkling Brand Center, The Coca-Cola Company. “Partnering with (RED) to connect people through the universal language of dance is a meaningful way to show our support.”
In collaboration with The DanceOn Network - the leading dance channel on YouTube – and Recreation Worldwide, Coca-Cola worked with Shum, Jabbawockeez, Nappy Tabs, Brian Puspos and Ian Eastwood, 8 Flavahz, Tyanna Padilla aka “Tiny Miney”, Jasmine Meakin from “Mega Jam” and Les Twins. The dancers came together to support the cause in the official music video for Celebrate (Tommy Trash Remix) by Empire of the Sun & Tommy Trash, which was created exclusively for (RED) and launched today on YouTube www.youtube.com/watch?v=9lWhVii3D24. The track will be featured on the upcoming DANCE (RED) SAVE LIVES2 compilation album.
To help inspire people to show their moves, Shum and the Jabawockeez developed an easy-to-follow dance that anyone can learn that is featured in the music video. Consumers can visit www.CokeREDMoves.com to download a free clip of the Celebrate remix, view a tutorial for the dance move and find instructions on how to upload a dance video and to learn more about how their moves could help support this important cause.
“This cause and this program really spoke to me,” said Shum. “Dancing is such a huge part of my life and I believe in its power to bring people from all walks of life together for a singular purpose. It’s inspiring to know that my generation has the power to help eliminate mother-to-child transmission of HIV. I’m excited to work with Coca-Cola and (RED) to help make that goal a reality.”
Coca-Cola has made a commitment of more than $5 million USD from 2011 to 2015, and over the next two years the partnership with (RED) will raise awareness and money to help eliminate mother-to-child transmission of HIV. This money will help fund up to 7.5 million doses of antiretroviral treatment for people affected by HIV/AIDS in Africa.
“Raising awareness and heat around the AIDS fight is so critical to winning the battle against this disease,” said Deborah Dugan, Chief Executive Officer for (RED). “Coca-Cola has the unique ability to motivate and inspire young people around the world to get involved and show their support through great initiatives like this. We’re so excited to have such extraordinary support for this year’s DANCE (RED), SAVE LIVES campaign.”
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led by Coca-Cola, one of the world's most valuable and recognizable brands, our Company's portfolio features 16 billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of more than 1.8 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system associates. For more information, visit Coca-Cola Journey at www.coca-colacompany.com, follow us on Twitter at twitter.com/CocaColaCo, visit our blog, Coca-Cola Unbottled, at www.coca-colablog.com or find us on LinkedIn at www.linkedin.com/company/the-coca-cola-company.
About (RED)™
(RED) was founded in 2006 by Bono and Bobby Shriver to engage businesses and people in the fight against AIDS.
(RED) partners with the world’s most iconic brands who contribute up to 50% of profits from (RED) branded goods and services to the Global Fund. (RED) Proud Partners include: Apple, Starbucks, The Coca-Cola Company, Beats by Dr. Dre, Belvedere, Claro, SAP and Telcel. (RED) Special Edition partners include: Shazam, Girl Skateboards, Mophie, FEED, Nanda Home, Bottletop, Tourneau, Fatboy USA, Bed Bath & Beyond, HEAD. To date, (RED) has generated more than $215 million for the Global Fund to fight AIDS, Tuberculosis and Malaria, to support HIV/AIDS grants in Ghana, Lesotho, Rwanda, South Africa, Swaziland, Zambia, Kenya and Tanzania. 100 percent of that money goes to work on the ground – no overhead is taken. Global Fund grants that (RED) supports have impacted more than 14 million people with prevention, treatment, counseling, HIV testing and care services. (RED) is a division of The ONE Campaign. Learn more at www.red.org.
About The Global Fund to Fight AIDS, Tuberculosis and Malaria
The Global Fund is an international financing institution dedicated to attracting and disbursing resources to prevent and treat HIV and AIDS, TB and malaria. The Global Fund promotes partnerships between governments, civil society, the private sector and affected communities, the most effective way to help reach those in need. This innovative approach relies on country ownership and performance-based funding, meaning that people in countries implement their own programs based on their priorities and the Global Fund provides financing where verifiable results are achieved.
Since its creation in 2002, the Global Fund has approved funding of US$ 22.9 billion for in 140 countries. To date, programs supported by the Global Fund have provided AIDS treatment for 5.3 million people, anti-tuberculosis treatment for 11 million people and 340 million insecticide-treated nets for the prevention of malaria. The Global Fund works in close collaboration with other bilateral and multilateral organizations to supplement existing efforts in dealing with the three diseases.
NOTE TO EDITORS:
Visuals to accompany this release can be viewed at: http://www.coca-colacompany.com/press-center/
Contacts
The Coca-Cola Company
Kate Hartman, +01-404-676-2683
Permalink: http://www.me-newswire.net/news/9041/en
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