AsiaNet Daily Summary - Press Releases for Wednesday January 5, 2011

Wednesday 05 January 2011 19:02
LAW OFFICE...

NEW YORK and LONDON: The Board of SNR Denton Group (a Swiss Verein) announced today that it will add a new member firm in Hong Kong. The Hong Kong office, formerly affiliated with Hammonds LLP, will become associated with SNR Denton upon regulatory approval, and will include 20 professionals, including

six partners. The office will initially be known as Brandt Chan & Partners.

http://www.snrdenton.com

http://bit.ly/hkHAo6

DRUG APPROVAL...

ROCHESTER: Vaccinex, Inc. announced today that it has received clearance from FDA and will initiate a Phase 1 clinical trial to assess the safety, tolerability, pharmacokinetics and pharmacodynamics of therapeutic antibody candidate VX15/2503 in cancer patients with advanced solid tumors.

http://www.vaccinex.com/

http://bit.ly/eqoKXw

CLOUD COMPUTING...

ST. LOUIS: Savvis, Inc. (Nasdaq: SVVS), a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that industry analyst firm Gartner, Inc., has positioned Savvis in the leaders

quadrant in the Magic Quadrant for Cloud Infrastructure-as-a-Service and Web Hosting.

http://www.savvis.net

http://bit.ly/fzx79p

FANNIE MAE...

WASHINGTON: Fannie Mae (OTC Bulletin Board: FNMA) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption.

http://bit.ly/fPYqm8

LAWYER APPOINTMENT...

BEIJING: Jeff Layman, one of the leading infrastructure finance lawyers in China, has joined Baker Botts L.L.P. as a partner in the firm's Global Projects ( http://www.bakerbotts.com/global-projects-practice-practice-areas ) group in its Beijing office. Over the course of his career, Layman has been involved in many of the most groundbreaking transactions involving Chinese companies.

http://www.bakerbotts.com/jeff-layman

http://bit.ly/h3Asbn

CONSULTANT APPOINTMENT...

IRVINE: Spectrum Group International (SGI), a Fortune 500 Company based in Irvine, CA, announced today that it has tapped renowned wine authority Kevin A. Swersey as senior consultant and strategic advisor for Spectrum Wine Auctions.

www.spectrumwine.com

http://bit.ly/fZky0U

3D TECHNOLOGY...

LAS VEGAS: CES South Hall 1 Booth 21418 -- The ZigBee(R) Alliance, a global ecosystem of organizations creating wireless solutions for use in energy management, residential, commercial and consumer applications, today announced it is developing a new standard to deliver the ultimate 3D viewing experience,

ZigBee 3D Sync. The standard will create more flexible and efficient 3D connections between 3D HDTVs and 3D glasses.

http://www.ZigBee.org

http://bit.ly/hVU9wO

NEW COMPANY...

WASHINGTON: Formerly part of TCW, group that is leading institutional provider of capital to the energy sector completes consensual divestiture into new company.

http://www.eigpartners.com

http://bit.ly/dUzDoI

CONSUMER TV...

OSAKA: Funai Electric Co., Ltd. and ActiveVideo Networks(TM) today announced an agreement in principle that will make Funai the first consumer electronics manufacturer to bring interactive television solutions based entirely in the network cloud to connected televisions.

http://www.funaiworld.com

http://bit.ly/h7oT4T

BRAND STRATEGY...

WEST PALM BEACH: FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, announced today that it will convert substantially all of its acquired firms to the FTI Consulting brand to support its corporate positioning

and ability to provide seamless strategic services to clients throughout the world. This is expected to be completed by November of 2011.

http://www.fticonsulting.com

http://bit.ly/gi93ur

ANDROID GPS...

REHOVOT: CellGuide, a leading host based GNSS solution provider, and ApusOne, an emerging leading provider of low power multimedia platform ICs, today announce a cooperation to bring to market Android based location platform combining CellGuide's ACLYS single die GPS solution and the ApusOne MAP200 Multimedia mobile processor.

http://bit.ly/h1E4z1

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