Individual Investor Program Continues its Success: Over US$ 330 Million of Capital Attracted to Malta in 6 Months

LONDON, Aug. 20, 2014 /PRNewswire/ —

Malta’s Individual Investor Program (IIP) continues to build upon its significant early success.

The IIP is a modern citizenship-by-investment program aimed at ultra-high net worth individuals and families worldwide. It was designed and is operated by Henley & Partners for the Government of Malta under a Public Services Concession.

The IIP allows for the grant of citizenship to duly qualified, reputable foreign individuals and families who make a significant contribution to the economic development of Malta.

Over 200 applications for citizenship have been received since the program’s launch in early 2014, with a number already at the Due Diligence phase. This represents a commitment of foreign direct investment into Malta of over 200 million Euros or 330 million US Dollars over the last six months.

The IIP has the world’s strictest Due Diligence standards, ensuring that only highly respectable clients will be admitted. The program intake is also capped at 1,800 successful main applicants, after which the program will close, making this the most exclusive program globally.

There are over 30 nationalities represented among the applicants so far.

Identity Malta chief executive officer, Jonathan Cardona, commented on Henley & Partners’ role, “Their excellent services are attracting to Malta the type of individuals that the government wanted to target through the IIP, with the potential of significant investment in our country”.

Many applicants started the IIP process intending to rent property on Malta, but are now considering purchasing, having spent time on the islands. Mr Cardona confirmed that a number of applicants were opting to buy property. He added that the investment interest was quite wide-ranging, from hotels and real estate, to factories, IT and the film industry.

A private client, who wished to remain anonymous, shared the reason he proceeded with the IIP, “I liked the idea of becoming European and providing my children the right to travel without hassle, and to also live, work and study anywhere in Europe.”

The Prime Minister of Malta, Hon. Dr. Joseph Muscat, will speak about the IIP and its success at two upcoming events:

The Henley & Partners’ Global Citizenship Seminar takes place at the Four Seasons Hotel, New York on September 10 2014. This key event will focus on the significant international trend of increasing mobility and acceptance of multiple citizenship. Further information is available at http://www.henleyglobal.com/NYC14

The 8th Global Residence and Citizenship Conference will be presented by Henley & Partners on October 29-30 2014 at the Fullerton Hotel, Singapore. The conference covers the key developments in the area of residence and citizenship planning and provides first-hand information from the industry leader, top-tier international service providers and governments. Register at http://www.henleyglobal.com/singapore14

About Henley & Partners

Henley & Partners is the global leader in residence and citizenship planning. Each year, hundreds of wealthy individuals, families and their advisors rely on their expertise and experience in this area.

The concept of residence and citizenship planning was created by Henley & Partners in the 1990s. As globalization has expanded, residence and citizenship have become topics of significant interest among the increasing number of internationally mobile entrepreneurs and investors who work with Henley & Partners.

The firm also runs a leading government advisory practice, and have been involved in strategic consulting and the design, set-up and operation of several of the world’s most successful residence and citizenship programs which attracted have more than US$ 3.5 billion in foreign direct investment to date.

http://www.henleyglobal.com

Frost & Sullivan Applauds Parkmobile for Being One of the Largest Providers of Cashless Parking Systems in North America

— Parkmobile’s success stems not only from the depth of its services, but also its collaborations with other stakeholders

MOUNTAIN VIEW, California, Aug. 20, 2014  /PRNewswire/ — Based on its recent analysis of the mobile payment solutions market, Frost & Sullivan recognizes Parkmobile USA with the 2014 North American Frost & Sullivan Award for Company of the Year. In 2008, the Europe-based Parkmobile Group partnered with BCD Holdings and Fontinalis Partners to create a new North American subsidiary, Parkmobile USA. In just four years, the company replicated its success in Europe by establishing footprints in 37 American states, Australia, New Zealand, and Canada.

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Parkmobile is a leader in innovative and comprehensive mobile payment solutions provider in the parking industry. Parkmobile’s leadership in mobile payments for parking is evidenced by over 600 successful implementations throughout the U.S., Canada, Australia and New Zealand. In addition to its mobile payment solution, Parkmobile also offers a permit management system, a parking reservation system, a centralized parking management database and an extensive reporting platform.

“Parkmobile’s first-of-a-kind mobile payment system allows motorists to pay for parking through an application on their phone. It eliminates the need to carry change, predict the length of stay, or repeatedly feed the meter to keep a parking session active,” said Frost & Sullivan Industry Analyst Neelam Barua. “It even has a unique alert system that sends reminders 15 minutes prior to the expiration of a parking session, allowing the session to be extended remotely.”

Parkmobile USA’s services are used in airports globally, universities in the U.S., by private operators, municipalities, stadiums, hospitals, and other establishments. Its value propositions in cities include dynamic pricing, a central parking rights database, and the enabling of Big Data and holistic approaches, which mitigate congestion and CO2 emissions.

Parkmobile USA leads the market in presence and breadth of technology scope (apps, connected vehicles, interoperability, and reserved parking systems). The company has associated mobile payments for on and off-street integration, dynamic/demand-based pricing, and guidance for available parking in real time based on business analytics. It is also involved in congestion-charging solutions based on CO2 emission standards as part of a comprehensive parking and traffic strategy.

Its cutting edge mobile payment solution encompasses global positioning systems (GPS), quick response (QR) codes, near field communication (NFC), enhanced mobile apps (iOS, Android, Windows 7 and 8, and RIM), interactive voice recognition (IVR), and the Internet. Parkmobile USA’s open architecture (.net) enables seamless interface via application payment interfaces (APIs), as the system is based on a service-oriented architecture.

Parkmobile has taken its solution a step further by working with major automotive manufacturers to migrate the Parkmobile mobile payment experience into “connected cars” offering the ability to locate, drive to and pay for parking all through the car without the need for a mobile phone.

“Simpler integration with current as well as legacy systems, meter and enforcement equipment manufacturers and major credit card processing platforms makes Parkmobile the most innovative mobile app platform for parking payments solutions,” noted Barua.

Parkmobile USA is more than twice as large as its combined competition in the U.S. in terms of spaces, members, and transactions. More than 3 million members have signed up for Parkmobile in the U.S., of which 2 million members have downloaded the company’s apps, making it the most widely used mobile payment solution in the parking industry.

Since 2008 the company’s foray into the parking industry has led to more than 50 significant partnerships in the parking eco-system. This includes associations with smart parking companies like Streetline; the multi-space parking solutions provider, Parkeon; and an innovative leader in multispace electronic pay stations, Digital Payment Technologies. Recent additions of new and emerging payment options, such as PayPal and the Parkmobile Wallet, demonstrate Parkmobile’s innovation and level of engagement in the industry.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in terms of growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Parkmobile USA

Parkmobile is the leading provider for on-demand and prepaid mobile payments for on- and off-street parking. Their services are used in more than 600 locations in the U.S. by millions of registered users. Parkmobile’s investors include Fontinalis Partners and BCD Group. Fontinalis Partners, with offices in Detroit and Boston, is a venture capital firm strategically focused on Next-Generation Mobility. With annual global revenues of $24 billion, including $9.2 billion partner sales, BCD Group is an international market leader in corporate and online travel and off-airport and mobile parking industry. For more information please visit www.parkmobile.com, facebook.com/ParkmobileUSA or on Twitter @Parkmobile.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the Global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Contact:

Mireya Espinoza
P: +1.210.247.3870
F: +1.210.348.1003
E: mireya.espinoza@frost.com

Tina Dyer
P: +1.770.818.9036 Ext. 201
E: tina.dyer@parkmobileglobal.com

2014 Q2 Tablet Market Grows, as Apple and Samsung Disappoint says Strategy Analytics

– Strategy Analytics: Global Tablet Shipments grow 5% in Q2 2014.

BOSTON, Aug. 20, 2014 /PRNewswire/ — According to the latest research from Strategy Analytics, global tablet shipments reached 52.4 million units in the second quarter of 2014. Tablet shipments from both Apple and Samsung were down on Q2 2013 volumes.

Logo – http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b

Second quarter 2014 Global Tablet shipments were up 5% at 52.4 million units, with Asus and Lenovo the only top 5 ranked vendors delivering shipment growth over Q2 2013. Despite both Apple and Samsung suffering a decline in shipments, the two companies maintain a firm grip on the tablet market, where their combined shipments accounted for 41% of the global market in Q2 2014. White Box vendors capitalized on the demand for low cost tablets, with shipments up almost 2 million units over Q2 2013.

Peter King, Director of Tablets at Strategy Analytics, said, “The lack of new models from Apple clearly hurt the company’s shipments, but we expect new products in the fourth quarter to reinvigorate shipments. While Samsung had a noteworthy quarter in Q1 2014, we suspect high inventory levels resulted in the fall in shipments in the second quarter. We expect both Apple and Samsung to have a stronger second half year with Q4 particularly strong due to new models and year-end seasonal promotion.”

King added, “Lenovo continues to build momentum with its PC+ strategy (that is smartphones and tablets), for now Lenovo continues to outperform the market, but it needs to watch Asus who are fighting hard to gain 3rd place in the Tablet rankings”.

Exhibit 1: Global Tablet Vendor Shipments and Market Share in Q2 2014 (preliminary)

Global Tablet Vendor Shipments (Millions of Units)

Global Tablet Vendor Shipments (Millions of Units)

The following reports were used in the creation of this press release:

Global Tablet Vendor Market Share: Q2 2014

Published by the Strategy Analytics Tablet & Touchscreen (TTS) service.

About Strategy Analytics

Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com

US Contact: David Kerr, +1 617 614 0720, dkerr@strategyanalytics.com

European Contact: Peter King, +44(0) 1908 423 615, Pking@strategyanalytics.com

1. Shipments refer to sell-in. Numbers are rounded. The definition of tablet does not include e-book readers or convertible PCs. 

Atonarp Inc. Raises $8M Series A Round Led by Walden Riverwood Ventures

Atonarp announces $8 million in funding led by Walden Riverwood Ventures to accelerate the development of its Smart Spectrometer platform, which will enable next-generation oil & gas and healthcare measurement instruments

TOKYO, August 20, 2014 /PRNewswire/ — Tokyo-based Atonarp Inc. announced today $8 million in a Series A funding round led by Walden Riverwood Ventures with participation from other co-investors. The funding accelerates the development of Atonarp’s Smart Spectrometer technology platform, which will enable a broad range of applications. The company has targeted the oil & gas and healthcare industries for its initial products.

“We are excited to partner with Atonarp in pursuing the commercialization of its Smart Spectrometer platform. Atonarp has a unique combination of engineering, semiconductor and data analysis talent and fundamental technologies. These are being used by Atonarp to create disruptive, next generation measurement instruments,” said Nicholas Brathwaite, co-founder of Walden Riverwood Ventures and Chairman of Atonarp, Inc.

Atonarp is pioneering the field of chemical composition analysis by combining state-of-the-art electronics and data processing algorithms. Atonarp’s Smart Spectrometer will enable manufacturers of gas-composition analysis instruments, such as field-based gas chromatography equipment, to achieve breakthrough improvements in cost, size, accuracy and maintenance-free operation. The Smart Spectrometer platform is also enabling novel use cases and applications for manufacturers of medical equipment and patient devices, including non-invasive personal healthcare monitoring.

Atonarp is currently sampling its Smart Spectrometer platform to leading manufacturers of oil & gas and healthcare instruments, and will enter volume production early next year.

About Walden Riverwood Ventures

Walden Riverwood Ventures is a venture capital firm focused on investing in core technology companies globally. It was formed as a collaboration between Walden International, a leading international venture capital firm, and Riverwood Capital, a global, technology-focused private equity firm. The firm’s founding partners provide its portfolio companies with unique access to deep industry knowledge, relationships and management experience. The two firms have an established history of investing together in several successful companies such as GoPro, Ambarella, Inc., and Aptina Imaging, Inc. Walden Riverwood Ventures leads early stage investments in companies developing fundamental technologies that have the potential to benefit multiple industry verticals. For further information, please visit www.waldenintl.com and www.riverwoodcapital.com.

For more information, please contact:
Cesar Lee
cesar@rwcm.com
70 Willow Road, Suite 100
Menlo Park, CA 94025
(650) 618-7313

Yongda Auto Forms Strategic Internet Collaboration with Bitauto and UXIN

HONG KONG, Aug. 19, 2014 /PRNewswire/ — China Yongda Automobiles Services Holdings Limited (“Yongda Auto” or the “Company” and, together with its subsidiaries, the “Group“, stock code: 03669.HK), a leading passenger vehicle retailer and comprehensive service provider in China, is pleased to announce that it has signed the internet strategic cooperative agreement with Bitauto Holdings Limited (“Bitauto”) (NYSE: BITA) and Youxin Internet (Beijing) Information Technology Co., Ltd. (“UXIN”). Mr. CHEUNG Tak On, Chairman of the board and CEO of China Yongda Automobiles Services Holdings Limited, Mr. LI Bin, Chairman and CEO of Bitauto and Mr. DAI Kun, Chairman and CEO of UXIN officially signed the agreement during the signing ceremony.

Yongda Auto is a leading passenger vehicle retailer group in China focused on luxury and ultra-luxury brands, and has pioneered to form a complete auto service chain of “learning, purchasing, selling, renting, maintaining and inspecting” of the car. The Company has been one of the largest auto brand retailer groups in China with the most number of brands agented, most comprehensive service provided and largest retail network; As the largest automobile internet company, Bitauto provides professional and rich internet content services to the mass of automobile users and has strong user influence on automobile online sales and marketing; UXIN is the leading auction service provider for used cars in China with the advanced customer service organism and auction management system, providing services to the automobile retailers, manufactures, 4S stores and other clients.

The joint venture between Bitauto, UXIN and the company symbolizes the combination of Internet and traditional sales and it will facilitate smooth transition in new car sales, after-sales service, car rental and financing online. Yongda Auto will build an e-commerce platform for new car sales and after-sales service and 4S stores can serve as experience stores and showrooms. Furthermore, a new interactive car rental system will be developed with the combination of online and offline resources. Projects of pre-paid card and customer points management will be initiated and payments and credits will be managed as part of the financial services. Meanwhile, actively creation of “Internet + car + finance” business model, and gradually forming a set of big data, cloud computing, electronic business platform and mobile Internet will be the Company’s key strategies.

Bitauto, UXIN and the company together inject RMB 50 million to establish a joint venture company. By creating online trading platform and combining with real showcases, these three parties will co-operate to give full play to the advantages of their respective areas of expertise and resource sharing to be a professional chained second-hand car trading service supplier in China. It is believed that the establishment of the joint venture company will build significant O2O e-commerce platform and play an active role in the development of online automotive industry.

About China Yongda Automobiles Services Holdings Limited

Yongda Auto is a leading passenger vehicle retailer and comprehensive service provider in China focused on luxury and ultra-luxury brands. Yongda Auto has a strong brand portfolio of luxury and ultra-luxury brands including Bentley, Porsche, BMW, Audi, Jaguar Land Rover, Audi, Volvo, Cadillac, Lincoln, Infiniti and Morgan. As of June 30, 2014, it has obtained manufacturers’ authorizations to open and operate more a total of 152 outlets. Its network has a strong presence in East China, including Shanghai, and has expanded into other regions in China. In addition to new passenger vehicle sales business, Yongda Auto also provides customers with a comprehensive range of automobile-related services through its “one-stop shop” approach. These include after-sales services, automobile rental services, as well as a wide array of services that it offers in connection with pre-owned vehicles, automobile insurance products, credit products and automobile financing and leasing.

For further information, please contact:

Porda Havas International Finance Communications Group

Kelly Fung
+852-3150-6763
kelly.fung@pordahavas.com

Angie An
+852-3150-6736
angie.an@pordahavas.com

Kit Ng
+852-3150-6705
kit.ng@pordahavas.com

Victoria Huang
+852-3150-6731
victoria.huang@pordahavas.com

Fax: +852-3150-6728