Mindtree Reports Strong Revenue Growth of 6.4% Q-o-Q, in Dollar Terms

BANGALORE, India and WARREN, N.J., July 17, 2014 /PRNewswire/ — Mindtree, a global information technology services company, announced its results today for the first quarter ended June 30, 2014, as approved by its Board of Directors.

(Logo: http://photos.prnewswire.com/prnh/20140416/681203)

Key financial highlights:  

  • In USD terms:
    • Revenue at $141.3 million (growth of 6.4% q-o-q / 20.1% y-o-y)
    • Net profit at $21.7 million (growth of 36.7% q-o-q / decline* of 11.9% y-o-y)
  • In Rupee terms:
    • Revenue at INR 8,435 million (growth of 2.4% q-o-q / 30.2% y-o-y)
    • Net profit at INR 1,294 million (growth of 31.5% q-o-q / decline* of 4.4% y-o-y)

*Due to large forex gain in Q1 of FY2013-14 as a result of the market swing during that quarter

Other highlights:  

  • Clients:
    • 206 active clients as of June 30, 2014    
    • $5 million clients grow to 26; $1 million clients grow to 75
  • Employees:
    • 12,845 employees as of June 30, 2014
    • Added 516 employees during the quarter on a gross basis
    • Trailing 12 months attrition is at 14.2%
  • Multi-year and multi-million dollar wins with leading global clients:
    • One of the world’s largest broadcasting companies: Mindtree will provide digital and testing services for this existing client 
    • Leading food manufacturing company: Mindtree is the global digital marketing partner for all of its digital properties
    • Leading pediatric nutrition company: Mindtree is the lead digital marketing developer for its global web platform project
    • Leading Semiconductor company:  Mindtree is a “Preferred Supplier” for its managed services
  • Awards and Recognition:
    • Scott Staples, President, Sales was recognized as the Regional Entrepreneur of the Year by Ernst & Young. Among a field of outstanding competitors, Scott was honored for his dedication, brilliance, courage and leadership
    • Mindtree ranked #33 in the Global Outsourcing 100 List by IAOP. Mindtree is among the top list climbers and is among the Top 20 leaders in Retail & Consumer Goods,  Financial Services (Insurance), Technology (Hardware & Software), Information/Communication Technology Services

Publication of the Programme for the World Congress on Safety and Health at Work 2014

BERLIN, July 17, 2014 /PRNewswire/ —

Top-level guests at the world’s biggest safety & health convention – Day passes now bookable – Information for journalists 

A world without serious accidents at work – this is the vision that will be discussed by politicians, scientists and experts from all over the world at the XX World Congress on Safety and Health at Work, which is taking place in Frankfurt am Main from 24 to 27 August 2014. The emphasis is on such themes as innovation for better occupational safety & health, the promotion of health at work, environment, safety & health, and diversity & inclusion. Companies and organisations are presenting the latest trends and findings on accident prevention. At the simultaneously held International Media Festival on Prevention, films and information products on safety & health are being presented. 4,000 participants from more than 130 countries are expected. A number of celebrities – among them German Federal Minister of Labour Andrea Nahles – have pledged their attendance. Journalists can gain accreditation via the congress website.

Safety & health at work are key elements of sustainability and economic development. According to the International Labour Organisation (ILO), more than 300,000 people worldwide lose their lives each year due to accidents at work and more than 2 million due to work-related diseases. It is estimated that about 4 per cent of world gross domestic product is lost due to occupational accidents and work-related diseases.

The World Congress is being held by the ILO and the International Social Security Association (ISSA) together with the German Social Accident Insurance (DGUV) as the national host. DGUV is the umbrella association of the accident insurance institutions who insure a total of 76 million people in Germany against work- and school-related and commuting accidents and occupational diseases.

Top-level politicians expected 

The congress will focus on prevention strategies like Vision Zero, diversity in the working world, and challenges for health at work. The spectrum of topics ranges from the prevention of psychosocial risks, ageing workforces, job insecurity, new energy sources, materials and nanotechnology to the development of a sustainable prevention culture. The programme can be viewed as of now on the congress website. The dynamic congress planner enables participants to compile their personal programmes. Day passes can now be booked.

Along with experts from science, safety & health, and industry, top-level politicians are expected at the congress – among them Andrea Nahles, German Federal Minister of Labour and Social Affairs, Laura Räty, Finnish Minister of Social Affairs and Health, Richard Riot Anak Jaem, Malaysian Minister of Human Resources, and Hawazi Daipi, Parliamentary Secretary of State for Education and Labour in Singapore.

New interactive event formats 

In addition to classical event formats, the congress is also going new ways in presentation: at the “Forum for Prevention”, for example, the latest news from research, and proven and transferable examples of good practices and cooperation will be presented in a kind of market hall. Another highlight is the International Media Festival for Prevention (IMFP), an international competition for the best films and digital media on occupational safety & health. A total of 290 entries from 33 countries are competing for the International Media Award for Prevention. On the outdoor fairgrounds, the Agora, exhibits on traffic safety, among others, will be on show. Immediately after the 2014 World Congress, the trade fair “Arbeitsschutz Aktuell” is taking place at the exhibition centre.

The programme for the 2014 World Congress and information on how to register can be obtained here: http://www.safety2014germany.com

Information for journalists: The diversity of topics covered by the World Congress is not only of interest to safety & health journalists, but those investigating environmental, health, economic and development issues will also find opportunities for broader reporting and research here. For journalists from the fields of health communication and film, the International Media Festival for Prevention offers material and occasions for reporting. Free accreditation is possible via the DGUV press office. Further information can be found here: https://www.safety2014germany.com/en/news/news.html

German Social Accident Insurance (DGUV)
Media relations
Stefan Boltz
Tel: +49-30-288763-768
E-Mail: presse@dguv.de
Fax: +49-30-288763-771
Mittelstrasse 51, 10117 Berlin, Germany

Cohn & Wolfe Launches ME-24 Mobile Engagement Unit in Joint Venture with Joule

NEW YORK, July 17, 2014 /PRNewswire/ — Global communications agency Cohn & Wolfe today announced the launch of the Cohn & Wolfe Mobile Engagement unit ME-24 in a joint venture with Joule, a global leader in mobile and multiscreen marketing. The global unit will be led by mobile industry veteran Kristine Newman, Senior Vice President, Mobile Engagement, Cohn & Wolfe.

ME-24 offers three categories of service for clients: Mobile Engagement Strategy helps brands maximize mobile touchpoints as part of their overall marketing and business approach; Mobile Campaign Development focuses on campaign activation to promote a consumer product or brand; and Mobile Product Development includes the creation of proprietary technology products for brands such as mobile applications and other mobile-enabled, applied technology solutions.

“ME-24 is our mobile solution for brands that seek to maximize consumer engagement in a fully-integrated, media ecosystem,” said Donna Imperato, CEO, Cohn & Wolfe. “There is no such thing as ‘offline’, only a continually connected world where the consumer wields pocket-sized power to impact brand reputation or transact in an instant. ME-24 gives us the ability to deliver an enhanced and deeper level of engagement for our clients’ brands.”

Daniel Rosen, Global CEO, Joule said, “Brands need to drive value from the behavior of the always-connected consumer, and communicate with them when interactions mean the most.  ME-24 was created specifically to meet the challenge of delivering innovative and contextual media products and services for our clients.”

Cohn & Wolfe and Joule activated teams across North America, Europe and Asia to service the growing demand for multiplatform, integrated marketing and communications strategies and programs. The combined teams are delivering mobile solutions in markets around the world. Recent engagements include a mobile at-event installation for a large global healthcare client, a shopper activation for a major CPG concern and an integrated marketing campaign for a leading motorized vehicle manufacturer in Asia.

Newman brings to Cohn & Wolfe more than 15 years of experience in the mobile industry, having developed global mobile marketing campaigns for brands such as Coca-Cola, Procter & Gamble and The Hershey Company. Most recently, Newman was an independent consultant working with clients such as the Motion Picture Association of America, the Direct Marketing Association and Taboola.  She also has deep expertise in the carrier, device, mobile/social, app and platform development categories. Newman is the president of Women in Wireless, an international organization that promotes and develops female leaders in the mobile and digital media industry, and also enjoyed tenure as an executive and industry spokesperson at the Mobile Marketing Association. Recently, she has been conducting research on mobile in a data-driven marketing ecosystem.

As the head of ME-24, Newman will lead and grow the mobile business for Cohn & Wolfe. Newman’s responsibilities include leading mobile strategy for major accounts and promoting mobile as part of Cohn & Wolfe’s integrated marketing solutions. Newman will sit on Cohn & Wolfe’s Digital Leadership Team, which steers the agency’s digital strategy worldwide. She will also play a key role in Cohn & Wolfe’s recently announced WPP Data Alliance partnership, in which the agency is the exclusive public relations member, to leverage opportunities for mobile data. Based at Cohn & Wolfe global headquarters in New York, Newman will report to Cohn & Wolfe Digital Innovation Group President, Chad Latz, and Joule North American CEO, Michael Lieberman.

Latz said, “As penetration, time online, mobile purchase and media spend grow exponentially; we must acknowledge that what was once thought of as the ‘third screen’ has now become the device of choice. ME-24 enables our clients to realize greater engagement and business value by building a persistent relationship with the consumer through the mobile platform.”

Hopp Acquires LTS Shares From Novartis & BWK

ANDERNACH, Germany, July 17, 2014 /PRNewswire/ —

– LTS: market leader in transdermal patches completely acquired by dievini Hopp

The supervisory board (“Aufsichtsrat”) and management board (“Vorstand”) of LTS have concluded the assessment of strategic options for the future development of the LTS group. LTS developed innovative, value oriented growth strategies identifying also the prerequisites for the successful strategy implementation. Meanwhile, LTS’s major shareholders evaluated possible changes in ownership.

Upon the conclusion of the assessment the three main shareholders have agreed a transaction amongst themselves.

The dievini Hopp Biotech Holding GmbH & Co KG Walldorf/Germany,  the Novartis Holding AG Basel/Switzerland and BWK GmbH Stuttgart/Germany announce that dievini will acquire all shares of the two other LTS main shareholders. Novartis will divest its 43% stake in LTS Lohmann Therapie-Systeme AG (LTS), BWK will divest its 24% stake to dievini Hopp. Small LTS shareholders will also receive an equal offer from dievini Hopp. The transaction, which requires regulatory approvals and is subject to other customary conditions, is expected to close this year.

The supervisory board and management board of LTS welcome the agreement of its shareholders. dievini’s continued and strategic engagement enables LTS to realize the identified attractive growth options with its own means available. The agreement provides for the prerequisites to develop LTS sustainably and independently as the technologically leading global pharmaceutical company for transdermal technologies.

LTS supervisory board chairman Prof. Loos: “The supervisory board of LTS welcomes the strategic decision of LTS’s main shareholders as it anticipates the successful, sustainable development of LTS in the next LTS development phase.”  

Christof Hettich Managing Director of dievini Hopp: “As a shareholder since many years we know and appreciate LTS. We are delighted to partake also in the future in the successful work of LTS in an even closer fashion. As the global market leader for transdermal pharmaceutical solutions LTS offers significant potential for innovation to the benefit of patients and medical therapy.”