Innoverne launches Tools-as-a-Service hire programme for The Parts Alliance

Toolhireclub.com an industry first for a Motor Factor Group

READING, United Kingdom - Monday 27th April 2015 - Innoverne, the Circular Commerce specialists, today announced a major national tool hire programme and website development for The Parts Alliance.

Toolhireclub.com is the first tool hire programme launched by a Motor Factor group. The programme provides independent garages and workshops fast, easy and secure access to more than 300 special service tools and equipment covering every major area of service and repair. Standard delivery is as quick as next business day on tools ordered before 4:00pm the previous day.

Toolhireclub's easy to use website offers three levels of annual subscription - Gold, Silver and Bronze. Hire prices are determined by membership level and the respective capital cost of the tool. With a Gold subscription, rental for tools and equipment worth less than £50 is free.

Paul Dineen, head of The Parts Alliance's Servicesure Autocentres garage programme, said: "We are really excited about our national tool hire programme and the significant benefits it can bring to the Aftermarket. It's about speed, convenience and being able to access specialist tools without the traditional costs of ownership. The commercial proposition is hugely attractive, given that tools can be hired for low prices that otherwise would cost thousands of pounds to buy."

Founder and CEO of Innoverne Julian Thomas, said: "The Parts Alliance is the first Motor Factor group to truly understand that the future lies in being able to 'access' tools as opposed to only owning them. Their response is smart and price competitive and will add tremendous value to independent garages and workshops who can't possibly afford to buy all the tools and equipment they need to service their customers."

A subscription to Toolhireclub starts from as little as £2 a day. By using Toolhireclub.com members can search for the right tools by VRM look-up, vehicle make, model, OEM part number, engine code or type of work. Both the delivery and collection of tools is free, with insurance premiums also included in the rental pricing.

Innoverne runs the entire Toolhireclub programme on behalf of The Parts Alliance. Innoverne has developed and hosts the Toolhireclub.com website, and will manage customer accounts and subscriptions, tool inventory and storage, security and tracking, packaging, forward & reverse logistics, contact centre support and billing.

Underpinned by Innoverne's Circular Commerce platform, Toolhireclub.com's simplicity belies a suite of class-leading technologies and business processes provided by Innoverne. Innoverne's platform supports hire, collaborative commerce or product-as-a-service propositions. The Parts Alliance's Toolhireclub programme incorporates:

  • Customer and Subscription Management
  • Real Time Tool Availability and Order Management
  • Asset and Inventory Management
  • Product Information Management and Bill of Materials (BOM)
  • Order & Returns Management
  • Asset Security and Tracking
  • Omni-Channel Commerce
  • Payment, incl Insurance and Refundable Policy Excess
  • Outbound and Return Logistics
  • Contact Centre and Customer Service

Backed by HgCapital, the mid-market private equity investor, The Parts Alliance is the UK and Ireland's largest group of wholly owned and franchised businesses supplying OE and quality auto parts to national and local independent garages and workshops.

For more information visit Innoverne.com, or connect with us on Twitter. Innoverne is privately held with its corporate headquarters in Reading, England.

***Ends***

For further information:
Chris Hoskin
Chief Marketing Officer
Innoverne
+44 7903 804554
chris.hoskin@innoverne.com

About Innoverne®
Innoverne delivers closed-loop and circular programmes for leading brands, manufacturers, retailers and wholesalers. Using Innoverne's cloud-based Circular Commerce platform, clients such as Hyundai and Kia have been able to quickly setup and run omni-channel subscription, rental and sales operations.

Innoverne is helping businesses of all sizes to increase yield, enter new markets, turn products into services, run true multi-store / multi-channel end-to-end eCommerce operations, and provide complete reverse logistics solutions.

Innoverne is a member of the Circular Economy 100, a global platform developed by the Ellen MacArthur Foundation to bring together leading companies, emerging innovators and regions to accelerate the transition to a circular economy.

'Innoverne', 'Circular Commerce' and 'Hirefox' are Registered Trade Marks of Innoverne Limited. Other Trade Marks are the property of their rightful owner.

About The Parts Alliance®
The Parts Alliance is a major force in the distribution of parts in the automotive Aftermarket and has the backing of HgCapital, the mid-market private investor with a £2 billion automotive fund.

Consisting of 12 strategically located distributor companies, it specialises in the national and local supply of O.E. manufacturer branded products and support services.

The Parts Alliance customers range from independent garages to multi-branch workshops and fast-fits. The group is synonymous with quality on every level. The Parts Alliance prides itself on forming relationships with world-leading O.E. and matching quality suppliers providing a customer leading tiered offer.

The Parts Alliance also has an extensive business toolbox of sales and marketing support for its customers. The state-of-the-art electronic cataloguing system AlliCat ensures the right parts are identified, picked and delivered.

Source: RealWire

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Launch success for THOR 7

(Oslo, April 27, 2015) Telenor Satellite Broadcasting today announced the successful launch of its new satellite, THOR 7. 
THOR 7 was successfully launched into space on Sunday April 26, 2015 at 20:00 UTC, from the Guiana Space Centre in French Guiana. On board an Ariane 5 launcher (Arianespace flight VA222), the THOR 7 satellite was successfully injected into geostationary transfer orbit approx. 28 minutes after lift-off.
THOR 7, manufactured by Space Systems Loral (SSL), is Telenor Satellite Broadcasting's first growth satellite and also features its first high-throughput satellite (HTS) Ka-band payload, specifically designed for the mobility VSAT market to provide high-powered coverage over the North Sea, the Norwegian Sea, the Red Sea, the Baltic Sea, and the Mediterranean.
"I am delighted to see that THOR 7 has safely reached geostationary transfer orbit and thank both Arianespace and our manufacturing partner SSL for this successful launch", said Morten Tengs, CEO, Telenor Satellite Broadcasting. "From its 1°West location, the THOR 7 satellite will provide growth capacity for DTH services across Central and Eastern Europe and deliver optimal satellite coverage across Europe's business shipping lanes for the provision of maritime VSAT services."
THOR 7 will now undergo extensive in-orbit testing and will be ready to deliver DTH services in six weeks. Additional testing will take place on the HTS Ka-band services with a full commercial service to be ready in Q4, 2015.

Official photo of the launch is available on
telenor.com
. Additional THOR 7 mission material, including high-resolution images of the launch, will be published at
www.telenorsat.com
.

About THOR 7

THOR 7 is Telenor Satellite Broadcasting's first growth satellite, delivering satellite services for the future expansion requirements of all the markets in which we operate. The satellite is equipped with both a Ku-band and an HTS (High Throughput Satellite) Ka-band payload. The Ku-band payload will be used for TV services in Central and Eastern Europe and the HTS Ka-band payload, a first for TSBc, has been specifically designed for the mobility VSAT market. Additionally, TSBc has pre-sold capacity on THOR 7 to Space Norway - this is a lifetime lease and will provide Norway's' Troll research station in Antarctica with increased satellite capacity for the distribution of key meteorological data.

Telenor Satellite Broadcasting (TSBc)
is a major European satellite provider of broadcast and broadband services for customers in the media, maritime, and oil and gas sectors. Utilising a hybrid network that comprises our satellite fleet, teleports and a terrestrial fibre network, TSBc delivers turnkey broadcasting solutions, end-user connectivity, and application services via satellite throughout Europe, the Middle East and Africa. From the distribution of digital TV and radio content to millions of European homes to the provision of reliable communications in remote locations on land and at sea, we are committed to keeping our customers connected via satellite. Visit the company's website at
www.telenorsat.com
.

Contact:
Natasha Keech                +44 7740 450 852

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Telenor via GlobeNewswire

HUG#1915081

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GOGL – Golden Ocean Group Limited announces vessel transactions and adjustments to newbuilding program

Golden Ocean Group Limited ("Golden Ocean" or the "Company") is pleased to announce that the Company has entered into several agreements concerning its fleet.
Golden Ocean has agreed with Ship Finance International Ltd ("Ship Finance") a sale leaseback transaction of eight Capesize vessels currently owned by Golden Ocean.

The vessels are named
Golden Beijing, Golden Zhoushan, Golden Magnum, Battersea, Belgravia, Golden Zheijang, Golden Future
and
KSL China
and were built in Korea and China between 2009 and 2013. The total acquisition price will be $272 million, or $34 million average per vessel. The vessels are expected to be delivered to Ship Finance within July 2015, subject to customary closing conditions.

The vessels will be chartered on time-charter basis to a subsidiary of Golden Ocean for a period of 10 years. The daily base charter rate will be $17,600 during the first seven years, and $14,900 thereafter. In addition, there will be a 33% profit share for revenues above the base rate, calculated and paid on a quarterly basis. Golden Ocean will have a purchase option after year 10 of $112 million enbloc, and if such option is not exercised, Ship Finance will have the option to extend the charters by 3 years at $14,900 per day.

Golden Ocean has also reached agreements with several of its yards to delay the construction of the newbuilding contracts with about 75 months on aggregate basis. This will postpone capital expenditure and possible cash burn on sailing vessels as the market is currently below cash break even. After this it is expected that 6 vessels will be delivered in 2015, 15 vessels in 2016 and 4 vessels in 2017.  There is still work in progress to improve delivery positions further.

Golden Ocean has also agreed to sell four of the Capesize vessels currently under construction at a Chinese yard to a third party. The Company will finalize the construction of the vessels and transfer ownership to the new owner upon delivery from yard. For three of the vessels Golden Ocean will charter the vessels back on time charter for 6 to 12 months. The sales price is in line with the original contract price.

Further, the Company has sold the vessels
Channel Alliance
and
Channel Navigator
to a third party, as part of the Company's fleet renewal. These vessels will be delivered to new owners within the end of June 2015. 

When these adjustments to the fleet have been completed the Company will have an owned and long term chartered in fleet of 40 Capesize vessels, in addition to one owned in a JV, 10 ice class Panamax vessels, 1 Panamax vessel, 9 Kamsarmax vessels and 9 Supramax vessels. Of the total fleet, 17 Capesize vessels and 4 Supramax vessels are newbuildings to be delivered to the Company. Following these transactions Golden Ocean has secured financing for all newbuilding contracts except nine vessels with delivery in 2016 and 2017 and none of the existing loan facilities are due for refinancing before 2018.
These various initiatives are taken in order to strengthen the cash position and balance sheet of the company in the current weak market. Golden Ocean is not abandoning its strategy to be a much needed consolidator within the industry, but is rather positioning itself for interesting opportunities which are expected to be available over the coming months.
April 27, 2015

The Board of Directors

Golden Ocean Group Limited

Hamilton, Bermuda

Contact Persons:

Herman Billung: CEO, Golden Ocean Management AS

+47 22 01 73 41

Birgitte Ringstad Vartdal: CFO, Golden Ocean Management AS

+47 22 01 73 53

Forward-Looking Statements

Matters discussed in this report may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements, which include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

Golden Ocean Group Limited and its subsidiaries, or the Company, desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. This report and any other written or oral statements made by us or on our behalf may include forward-looking statements, which reflect our current views with respect to future events and financial performance. The words "believe," "anticipate," "intend," "estimate," "forecast," "project," "plan," "potential," "will," "may," "should," "expect" and similar expressions identify forward-looking statements.

The forward-looking statements in this report are based upon various assumptions, including, without limitation, management's examination of historical operating trends, data contained in our records and data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
In addition to these important factors and matters discussed elsewhere herein and in the documents incorporated by reference herein, important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies, fluctuations in currencies and interest rates, general market conditions, including fluctuations in charter hire rates and vessel values, changes in demand in the dry bulk market, changes in the Company's operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company's vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents, political events or acts by terrorists, and other important factors described from time to time in the reports filed by the Company with the Securities and Exchange Commission, or the Commission.

 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Golden Ocean Group Limited via GlobeNewswire

HUG#1915091

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Wärtsilä delivers two power plants for distributed generation in Oman

Wärtsilä Corporation, Press release, 27 April 2015 at 9.30 am EET
Wärtsilä has received orders to supply two Smart Power Generation power plants for Rural Areas Electricity Company (RAECO) in Oman. The power plants, with a combined capacity of 104 MW, will supply electricity to rural areas in Southeastern Oman, outside the national grid. The power stations will operate in extreme conditions of up to 52 Celsius degrees.
The larger of the two power plants will be located on the island of Masirah on Oman's Eastern coast. The Masirah plant will consist of seven Wärtsilä 32 engines, having a combined output of 56 MW. The other power plant, to be located in Saih Al Khairat, will have six Wärtsilä 32 engines with a total output of 48 MW. Both units will be operated using light fuel oil and are scheduled to be operational in 2016.
"These projects support our strategy of providing reliable distributed capacity with Smart Power Generation technology. They also illustrate our performance in hot and dry conditions," said Lars-Åke Kjell, Regional Director of Wärtsilä Power Plants. Wärtsilä's internal combustion engines maintain high efficiency in extreme temperatures, and their water consumption is negligible.
Wärtsilä recently announced a 120 MW distributed power generation project in the Musandam governorate of Northern Oman.
The Masirah contract was included in Wärtsilä's order intake in Q4 2014, whereas Saif al Khairat was booked in Q3 2014. Wärtsilä's total installed capacity in the Middle East is approximately 7000 MW. 

Link to the Musandam project press release.

Download picture:
3D image of the Masirah power plant

For further information please contact:

Lars-Åke Kjell

Regional Director, Middle East

Wärtsilä Power Plants

Tel: +971 50 4583582
lars-ake.kjell@wartsila.com

Jussi Laitinen

Communications Manager

Wärtsilä Power Plants

Tel: +358 50 4042006
jussi.laitinen_external@wartsila.com

Wärtsilä Power Plants in brief

Wärtsilä Power Plants is a leading global supplier of flexible baseload power plants of up to 600 MW operating on various gaseous and liquid fuels. Our portfolio includes unique solutions for peaking, reserve and load-following power generation, as well as for balancing intermittent power production. Wärtsilä Power Plants also provides LNG terminals and distribution systems. As of 2015, Wärtsilä has 58 GW of installed power plant capacity in 175 countries around the world.
www.smartpowergeneration.com

Wärtsilä in brief

Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximizes the environmental and economic performance of the vessels and power plants of its customers. In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 17,700 employees. The company has operations in more than 200 locations in nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Wärtsilä Oyj Abp via GlobeNewswire

HUG#1914610

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Applied Materials Announces $3 Billion Share Repurchase Authorization

SANTA CLARA, Calif., April 26, 2015 -- Applied Materials, Inc. (NASDAQ: AMAT) today announced that its Board of Directors has approved a new share repurchase program authorizing up to $3 billion in repurchases over the next three years beginning in the third quarter of fiscal 2015.
"We are pleased to announce this new share repurchase program," said Gary Dickerson, president and chief executive officer of Applied Materials. "This program reflects our confidence in our performance and opportunities as well as our strong commitment to shareholder returns."

Forward-Looking Statements:

This press release contains forward-looking statements, including those regarding Applied's performance, opportunities, financial position and capital allocation strategy. These statements and their underlying assumptions are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including but not limited to: the level of demand for Applied's products, which is subject to many factors, including uncertain global economic and industry conditions, end-demand for electronic products and semiconductors, and customers' new technology and capacity requirements; the timing and nature of technology transitions; the concentrated nature of Applied's customer base; Applied's ability to (i) develop, deliver and support a broad range of products and expand its markets, (ii) achieve the objectives of operational and strategic initiatives, (iii) obtain and protect intellectual property rights in key technologies, (iv) attract, motivate and retain key employees, and (v) accurately forecast future results, which depends on multiple assumptions related to, without limitation, market conditions, customer requirements and business needs; and other risks described in Applied's SEC filings, including its most recent Form 10-Q. All forward-looking statements are based on management's estimates, projections and assumptions as of the date hereof. Applied undertakes no obligation to update any forward-looking statements.

Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in precision materials engineering solutions for the semiconductor, flat panel display and solar photovoltaic industries. Our technologies help make innovations like smartphones, flat screen TVs and solar panels more affordable and accessible to consumers and businesses around the world. Learn more at
www.appliedmaterials.com
.

# # #

Contact:
Kevin Winston
 (editorial/media) 408.235.4498
Michael Sullivan
 (financial community) 408.986.7977

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Applied Materials via GlobeNewswire

HUG#1915080

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Applied Materials, Inc. and Tokyo Electron Limited Agree to Terminate Business Combination Agreement

SANTA CLARA, Calif., April 26, 2015 -- Applied Materials, Inc. (NASDAQ: AMAT) and Tokyo Electron Limited (TSE: 8035) today announced that they have agreed to terminate their Business Combination Agreement (BCA). No termination fees will be payable by either party.
The decision came after the U.S. Department of Justice (DoJ) advised the parties that the coordinated remedy proposal submitted to all regulators would not be sufficient to replace the competition lost from the merger. Based on the DoJ's position, Applied Materials and Tokyo Electron have determined that there is no realistic prospect for the completion of the merger.
"We viewed the merger as an opportunity to accelerate our strategy and worked hard to make it happen," said Gary Dickerson, president and chief executive officer of Applied Materials. "While we are disappointed that we are not able to pursue this path, our existing growth strategy is compelling. We have been relentlessly driving this strategy forward and we have made significant progress towards our goals. We are delivering results and gaining share in the semiconductor and display equipment markets, while making meaningful advances in areas that represent the biggest and best growth opportunities for us.
"I would like to thank our employees for their focus on delivering results throughout this process. As we move forward, Applied Materials has tremendous opportunities to leverage our differentiated capabilities and technology in precision materials engineering and drive a significant increase in the value we create for our customers and investors." 

Investor and Media Conference Call Information

Applied Materials will hold a conference call that begins at 8:30 a.m. EDT/5:30 a.m. PDT on April 27, 2015. A live webcast will be available on the Investor Relations page at
www.appliedmaterials.com
. Dial-in details are also available: 1 (844) 860-2362 (United States) or 1 (919) 794-3789 (outside the United States); Conference ID: 36843319. Participants should dial in 15 minutes before the call to allow time to be connected by the operator.

Forward-Looking Statements

This press release contains forward-looking statements, including those regarding Applied's performance, products, strategies, opportunities, market positions, and business and industry outlook, as well as other statements that are not historical facts. These statements and their underlying assumptions are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including but not limited to: the potential impact of the termination of the Business Combination Agreement on our relationships with third parties, the level of demand for Applied's products, which is subject to many factors, including uncertain global economic and industry conditions, end-demand for electronic products and semiconductors, and customers' new technology and capacity requirements; the timing and nature of technology transitions; the concentrated nature of Applied's customer base; Applied's ability to (i) develop, deliver and support a broad range of products and expand its markets, (ii) achieve the objectives of operational and strategic initiatives, (iii) obtain and protect intellectual property rights in key technologies, (iv) attract, motivate and retain key employees, and (v) accurately forecast future results, which depends on multiple assumptions related to, without limitation, market conditions, customer requirements and business needs; and other risks described in Applied's SEC filings, including its most recent Form 10-Q. All forward-looking statements are based on management's estimates, projections and assumptions as of the date hereof. Applied undertakes no obligation to update any forward-looking statements.

Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in precision materials engineering solutions for the semiconductor, flat panel display and solar photovoltaic industries. Our technologies help make innovations like smartphones, flat screen TVs and solar panels more affordable and accessible to consumers and businesses around the world. Learn more at
www.appliedmaterials.com
.

# # #

Contact:
Kevin Winston
 (editorial/media) 408.235.4498
Michael Sullivan
 (financial community) 408.986.7977

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Applied Materials via GlobeNewswire

HUG#1915079

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Statement regarding recent speculation

The Board of Swedish Orphan Biovitrum AB (publ) notes the recent speculation in the press and elsewhere regarding a potential acquisition of the company.
The Board confirms that it has received a preliminary and conditional non-binding proposal in relation to a possible offer for all shares issued by the company.
There can be no certainty that an offer will be made, nor as to the terms of any such offer. A further announcement will be made when appropriate.
---

About Sobi

Sobi is an international specialty healthcare company dedicated to rare diseases. Our mission is to develop and deliver innovative therapies and services to improve the lives of patients. The product portfolio is primarily focused on Haemophilia, Inflammation and Genetic diseases. We also market a portfolio of specialty and rare disease products for partner companies across Europe, the Middle East, North Africa and Russia. Sobi is a pioneer in biotechnology with world-class capabilities in protein biochemistry and biologics manufacturing. In 2014, Sobi had total revenues of SEK 2.6 billion (USD 380 M) and about 600 employees. The share (STO: SOBI) is listed on NASDAQ Stockholm. More information is available at
www.sobi.com
.

For more information please contact

Media relations                                   Investor relations

Oskar Bosson                                     Jörgen Winroth

Head of Communications                 VP, Head of Investor Relations

T: +46 70 410 71 80                          T: +1 347-224-0819, +1 212-579-0506, 

                                                              +46 8 697 2135
oskar.bosson@sobi.com
             
jorgen.winroth@sobi.com

Sobi announces the information set out in this press release pursuant to the Swedish Securities Market Act. The information was submitted for publication at 08:05 CET on 27 April 2015.

 

012e_Statement Speculation

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Swedish Orphan Biovitrum AB (publ) via GlobeNewswire

HUG#1914966

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200,647 Orion Corporation A shares converted into B shares

ORION CORPORATION      STOCK EXCHANGE RELEASE 27 APRIL 2015 at 8.30 a.m. EEST            
 

200,647 Orion Corporation A shares converted into B shares
In accordance with Section 3 of the Articles of Association of Orion Corporation, 200,647 A shares have been converted into 200,647 B shares. The conversion has been entered into the Trade Register on 27 April 2015.
The total number of shares in Orion Corporation is 141,257,828 which, after the conversion, consists of 40,212,334 A shares and 101,045,494 B shares.

 
 

Orion Corporation

Olli Huotari

SVP, Corporate Functions
 
Jari Karlson

CFO
 
                                                                       

                                                                       

Publisher:

Orion Corporation

Communications

Orionintie 1A, FI-02200 Espoo, Finland

Homepage:
www.orion.fi

Orion is a globally operating Finnish company developing pharmaceuticals and diagnostic tests - a builder of well-being. Orion develops, manufactures and markets human and veterinary pharmaceuticals, active pharmaceutical ingredients and diagnostic tests. The company is continuously developing new drugs and treatment methods. The core therapy areas of Orion's pharmaceutical R&D are central nervous system (CNS) disorders, oncology and respiratory for which Orion developes inhaled Easyhaler® pulmonary drugs.
Orion's net sales in 2014 amounted to EUR 1,015 million and the company had about 3,500 employees. Orion's A and B shares are listed on NASDAQ Helsinki.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Orion Oyj via GlobeNewswire

HUG#1915074

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AAC 2015 – Indonesian President Calls for Revival of AAC Spirit

JAKARTA, Apr 27, 2015 - (ACN Newswire) - Indonesian President Joko Widodo called on Asian-African countries to reinvigorate the spirit of the Asian and African Conference (AAC) and encourage cooperation in all sectors to improve the people's welfare in the region.

"I invite all leaders to rekindle the spirit of Asia-Africa, which was endorsed by our predecessors," Joko Widodo stated at the Merdeka Building here on Friday he affirmed. "We can grasp our goals through parallel cooperation." According to the president, Indonesia had yet to break free from the clutches of poverty, and the Asian-African countries are still reeling under its impacts.

The president also urged the leaders of Asian-African countries to enhance mutual understanding, encourage world peace, and push for the independence of Palestine. The head of state also emphasized the importance of economic cooperation. "In addition, we should work together to improve the people's welfare, economy, and trade," he said.

The African representative, President of Zimbabwe Robert Mugabe stated that cooperation between Asian-African countries should continue to be improved. "The current challenges are different, but we should not let them dampen the spirit of cooperation, so that all countries in Asia and Africa become prosperous."

The event was attended by the leaders of Asian and African countries, former Indonesian president Megawati Soekarnoputri, the family of Ali Sastroamidjojo, working cabinet ministers, West Java Governor Ahmad Heryawan, and Bandung Mayor Ridwan Kamil. The Bandung mayor read out the Ten Principles of Bandung, while President of Myanmar Thein Sein delivered a speech during the event.

Earlier, some 22 heads of state/government or deputies (VVIPs) from Asian and African countries participated in the Historical Walk in Bandung, according to the Indonesian Ministry of Foreign Affairs. This walk was organized as one of the events commemorating the 60th anniversary of the Asian-African Conference (AAC).

The world leaders who joined the Historical Walk were King of Swaziland Mswati III, President of Timor-Leste Taur Matan Ruak, President of Zimbabwe Robert Gabriel Mugabe, Chairman of the Presidium of the Supreme People's Assembly of North Korea Kim Yong-nam, Prime Minister of Nepal Sushil Koirala, Cambodian Prime Minister Hun Sen, Prime Minister of Rwanda Anastase Murekezi, Malaysian Prime Minister Najib Razak, and President of China Xi Jinping.

Some leaders headed to Bandung from Jakarta on board an aircraft provided by the Indonesian government, while others such as those from Myanmar, Malaysia, China, Angola, Vietnam, and South Africa used the aircraft of their respective countries.

Japanese Prime Minister Shinzo Abe, King of Jordan Abdullah II, Singaporean Prime Minister Lee Hsien Loong, Vice President of Seychelles Danny Faure, Palestinian Prime Minister Rami Al Hamdallah, and Sultan of Brunei Darussalam Hassanal Bolkiah, had earlier confirmed that they would not participate in the event. --Antara.




Copyright 2015 ACN Newswire. All rights reserved. www.acnnewswire.com

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Bombardier Announces Redemption Price Calculation in Respect of Its 4.250% Senior Notes Due 2016

MONTREAL, QUEBEC--(Marketwired - Apr 24, 2015) - Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) - Pursuant to Bombardier's notice of redemption dated March 30, 2015 (the "Notice") relating to its outstanding 4.250% Senior Notes due 2016 (the "Notes"), Bombardier today announced the calculation of the redemption price for the Notes. The redemption price for the Notes will be US$1,037.624 per US$1,000.00 principal amount of Notes, consisting of the Make-Whole Premium of US$1,025.346 per US$1,000.00 (based on a Treasury Rate of 0.17% as calculated by Bombardier on April 24, 2015), plus US$12.278 in accrued and unpaid interest to but not including the redemption date for the Notes, all as calculated in accordance with the terms of the indenture governing the Notes.
The redemption date for the Notes is April 29, 2015, as set forth in the Notice.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offering, solicitation or sale would be unlawful.

The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, any state securities laws or the laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The securities mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, the securities mentioned herein may not be offered or sold in Canada other than on a basis which is exempt from the prospectus requirements of applicable securities laws in Canada.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements, which may involve, but are not limited to: statements with respect to the Corporation's objectives, guidance, targets, goals, priorities, market and strategies, financial position, beliefs, prospects, plans, expectations, anticipations, estimates and intentions; general economic and business outlook, prospects and trends of an industry; expected growth in demand for products and services; product development, including projected design, characteristics, capacity or performance; expected or scheduled entry-into-service of products and services, orders, deliveries, testing, lead times, certifications and project execution in general; competitive position; and the expected impact of the legislative and regulatory environment and legal proceedings on the Corporation's business and operations; the Corporation's available liquidities and the Corporation's capital raising plan, the use of proceeds from the Offering; the impact of the offering on the Corporation's operations, infrastructure, opportunities, financial condition, access to capital and overall strategy;. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "anticipate", "plan", "foresee", "believe", "continue", "maintain" or "align", the negative of these terms, variations of them or similar terminology. By their nature, forward-looking statements require management to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause actual results in future periods to differ materially from those forecasted. While management considers these assumptions to be reasonable and appropriate based on information currently available, there is risk that they may not be accurate. For additional information with respect to the assumptions underlying the forward-looking statements made in this press release, refer to the respective Guidance and forward-looking statements sections in Aerospace and in Transportation in the Management's Discussion and Analysis (MD&A) of the Corporation's financial report for the fiscal year ended December 31, 2014.

Certain factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, risks associated with general economic conditions, risks associated with the Corporation's business environment (such as risks associated with the financial condition of the airline industry and major rail operators), operational risks (such as risks related to developing new products and services; doing business with partners; product performance warranty and casualty claim losses; regulatory and legal proceedings; the environment; dependence on certain customers and suppliers; human resources; fixed-price commitments and production and project execution), risks relating to the Corporation's ability to implement its capital raising plan and mitigate potential liquidity underperformance; financing risks (such as risks related to liquidity and access to capital markets, exposure to credit risk, certain restrictive debt covenants, financing support provided for the benefit of certain customers and reliance on government support); and market risks (such as risks related to foreign currency fluctuations, changing interest rates, decreases in residual values and increases in commodity prices). For more details, see the Risks and uncertainties section in Other in the MD&A of the Corporation's financial report for the fiscal year ended December 31, 2014. Readers are cautioned that the foregoing list of factors that may affect future growth, results and performance is not exhaustive and undue reliance should not be placed on forward-looking statements. The forward-looking statements set forth herein reflect management's expectations as at the date of this press release and are subject to change after such date. Unless otherwise required by applicable securities laws, the Corporation expressly disclaims any intention, and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Isabelle Rondeau

Director, Communications

Bombardier Inc.

+514 861 9481

Shirley Chenier

Senior Director, Investor Relations

Bombardier Inc.

+514 861 9481

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Bombardier Inc. via GlobeNewswire

HUG#1914956

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