Hisense Becomes Premium Partner of FC Schalke 04

DUSSELDORF, Germany, July 18, 2014 /PRNewswire/ — In order to strengthen its brand awareness in Europe even further, Hisense has entered into a 3-year premium partnership with the German Bundesliga football club and Champions League participant, FC Schalke 04. The technology specialist will receive a strong presence on the LED advertising boards in the stadium, as well as on all TV interview background walls. Two of the players in FC Schalke 04, Benedikt Howedes and Julian Draxler took part in the 2014 FIFA World Cup, and played to contribute to the Championship of Germany.

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Apart from TVs, Hisense also offers several other product categories such as innovative fridges and freezers. Thanks to this partnership, Hisense will now receive the same level of presence as other Schalke premium partners such as Coca-Cola and Volkswagen.

Hisense has utilized sports marketing to promote its brand awareness in global markets, such as purchasing the naming rights for an Australia Open arena and being the sponsor of many amazing games in South Africa, Europe, Middle-East and other regions. Sports marketing plays a vital role in Hisense’s global development. According to the Display Search data for Q1 2014, Hisense maintained a strong growth momentum, ranking No.4 in the global markets. FC Schalke 04, a world-renowned German football club with a rich history, has had tremendous success on the football pitch for its seven German championships, five German knockout football cup competitions (DFB-Pokal, formerly Tschammer-Pokal) and one UEFA Cup.

Henry Liu, Vice General Manager at Hisense International Co. Ltd., who is responsible for Hisense Europe, sees great potential in this partnership: “In FC Schalke 04, we have found a partner that will support us in strengthening our brand in the strategically important and growing European market.” Alexander Jobst, Marketing Director at Schalke, is also convinced that both parties will benefit greatly from the partnership: “For Schalke 04, this collaboration with Hisense is another important landmark on our journey to internationalisation. As you know, we have had an increased focus on the Asian market for some time.” Both parties will profit enormously from one another.

In the upcoming Bundesliga season, Hisense is looking forward to working with FC Schalke 04 and a joint press conference will be held on Sep. 4th in Berlin, in which Schalke players will be present at the Hisense IFA booth.

Altair To Acquire Visual Solutions, Inc.

TROY, Mich., July 18, 2014 /PRNewswire/ — Altair today announced its intent to acquire Visual Solutions, Inc., makers of VisSim, an innovative visual language for mathematical modeling, simulation, and model-based embedded system development used by scientists and engineers around the world. The transaction is expected to close by the end of July.

“Product innovation is increasingly driven by embedded systems, prompting higher demand for powerful development and testing tools,” said Michael Hoffmann, Senior Vice President, Math and Systems at Altair. “Visual Solutions has been at the forefront of this domain for over twenty years. Altair is in the business of helping customers drive innovation by the use of computer-aided engineering in the product development process. A move to expand our portfolio in the direction of embedded systems is a logical extension of the company’s commitment to simulation-driven design.”

“Partnering with Altair will bring current and future VisSim users many benefits, including integration with a world-class engineering organization and software portfolio,” noted Peter Darnell, President and Owner of Visual Solutions. “Moreover, Altair’s steadfast commitment to elite customer service and technical support mirrors our own and bodes well for the future.”

VisSim is known for its ease of use, attractive user interface, efficient simulation engine, high-quality C-code generation and responsive customer service team. VisSim’s simple block diagram notation combined with OMG 2.0 compliant UML State Charts make it easy to create high-fidelity nonlinear dynamic simulations. VisSim supports continuous, discrete and multi-rate systems. VisSim simulations with built-in optimization methods let you experiment without risk to tune controllers, optimize parameters and perform what-if scenarios for critical large-scale projects. VisSim has an extensive library of hydraulic, electro mechanical, digital power and communication blocks to speed simulation creation.

The automatically generated C-Code is tight, readable, and fast and can be targeted to specific microcontrollers like Texas Instruments C2000 and ARM Cortex. Use of automatic code generation shortens software development time and lowers project cost by removing or reducing the need for a C programming staff. The designer gets to a robust, error-free design faster.

The rapidly growing practice of using a single tool chain for modeling and simulation of the controller and plant being controlled, along with automatic code generation of the controller, is known as model-based embedded development. With its simulation capability and advanced code generation, VisSim is particularly well suited to this development method.

VisSim add-ons for OPC, CAN, RS232 serial, UDP, and National Instruments-based analog and digital I/O aid in the development of real-world control systems. To facilitate collaboration, the free VisSim Viewer lets anyone open and run a VisSim diagram.

“I have always been impressed by the performance of VisSim. Compared to other simulation tools on the market, I can create and validate my control system designs more rapidly by flawlessly transitioning from initial, simple concept simulations to higher fidelity versions and then to hardware-in-the-loop simulation. No other tool has been able to match the versatility and simplicity of VisSim,” commented Mike Borrello, Principal Controls Engineer at Philips Healthcare, Hospital Division. “I’m really looking forward to seeing how Altair’s math and system simulation capabilities will complement VisSim functionality in terms of a complete, integrated design environment. I’m excited to get my hands on the next release.”

Peabody Energy: Australia’s Repeal of the Carbon Tax Rejects Policy That Makes Energy Scarce and Expensive

ST. LOUIS, July 18, 2014 /PRNewswire/ — Peabody Energy (NYSE: BTU) today praised the action of Australia’s Parliament and Prime Minister in repealing the carbon tax, which has hurt consumers via high electricity costs and damaged the economy.

“The Australia Government’s reversal of the carbon tax is a lesson in leadership for the modern world,” said Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce.  “We encourage U.S. policymakers to take the same path and reject the Administration’s costly proposed rules on power plants.  Technology, not caps and taxes, is the key to long-term improvement in carbon emissions.”

In turning around the carbon tax, Australian Prime Minister Tony Abbott said: “Today, the tax that you voted to get rid of is finally gone. A useless, destructive tax which damaged jobs, which hurt families’ cost of living and which didn’t actually help the environment is finally gone.”  The government has estimated that the repeal would save families A$550 per year.

Australia elected a new government last year with a mandate to repeal the carbon tax, which has caused an estimated $15 billion in economic impact in its first two years of implementation, according to government estimates.

Nations continue to push back against onerous carbon legislation and renewable mandates that exacerbate energy inequality, raise electricity costs and reduce economic growth.  Europe’s renewable strategy is being pared back, the continent is threatened by Russia’s energy security challenge, nations such as Japan are using significantly more coal, and multiple nations lead the world in economic growth using coal-fueled electricity.

Peabody believes that U.S. leaders can learn valuable lessons in rejecting defacto carbon taxes and onerous renewable standards. The U.S. Chamber of Commerce estimates that the Administration’s proposed U.S. carbon regulations would cost the economy $50 billion per year.

The proposed rules would significantly increase power prices, costing each American household thousands of dollars over time. A Heritage Foundation study reports the cost to an average family of four at $1,200 per year of lower income and spending power. Low-cost electricity is essential at a time when a record 115 million Americans qualify for energy assistance and 48 million live in energy poverty.

Coal fuels the lowest cost electricity in the United States: The states that don’t use coal wrestle with electricity costs that are nearly twice as much as the states that predominantly use coal for electricity. Coal is the world’s fastest-growing major fuel set to surpass oil as the world’s largest global energy source in coming years.

Peabody Energy is the world’s largest private-sector coal company and a global leader in sustainable mining, energy access and clean coal solutions. For further information, visit PeabodyEnergy.com and AdvancedEnergyForLife.com.

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CONTACT:
Beth Sutton
+1-928-699-8243

Second Edition of Indonesia International Furniture Expo, IFEX 2015, Officially Announced

HONG KONG, July 17, 2014 /PRNewswire/ — At a press conference and ceremony held at the Ministry of Trade in Jakarta on 15 July, the launch of the second edition of the Indonesia International Furniture Expo was officially announced. The annual IFEX furniture tradeshow is organised by the Indonesia Furniture and Craft Association (AMKRI) and PT Dyandra UBM International and will be held from 12-15 March 2015 at the Jakarta International Expo exhibition center.

Second edition of Indonesia International Furniture Expo, IFEX 2015, officially announced
Second edition of Indonesia International Furniture Expo, IFEX 2015, officially announced

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Speaking at the launch event, Mrs. Nus Nuzulia Ishak, Director General for National Export Development of the Ministry of Trade, said: “I sincerely hope that IFEX 2015 will spur further growth of the Indonesian furniture and craft industries and will inspire innovation and creativity of domestic artisans.”

Mr. Soenoto, Chairman of AMKRI remarked: “Indonesia’s furniture exports last year totaled US$1.7 billion, making us the 18th biggest furniture exporter in the world. I am certain that this exhibition will play a significant role in helping Indonesia achieve its target of US$5 billion in exports of furniture and craft products within the next four years.”


The first edition of IFEX, held in March this year, had over 400 exhibiting companies from 13 countries and attracted 6,113 buyers, of which one-third were from overseas. More than 80% of the available exhibit space for the 2015 show has already been reserved, reflecting the strong success of the first show. The organisers are increasing the exhibition space to accommodate the strong demand from exhibiting companies. In addition, the organisers announced that there will be a “Hall of Excellence” that will showcase the highest grade of furniture and furnishings produced in Indonesia.

Mr. Ernst Remboen, President Director of PT Dyandra UBM International said: “Right from the start, IFEX has established itself as one of the most important furniture exhibitions in Asia. Indonesia has abundant supplies of raw materials for furniture making, such as woods and rattan, a large and skilled labour force, and a rich tradition of craftsmanship and design. It is well positioned to supply the world market with high-quality furniture items to suite all tastes and budgets.” Reflecting these comments, the organisers have chosen “Merging local traditions with modern touch” as the slogan for IFEX 2015.

Facts and Figures about IFEX 2014

Organised by:

PT Dyandra UBM International and Indonesia Furniture and Handicraft Association (AMKRI)

Dates:

11-14 March 2014

Venue:

Jakarta International Expo

Exhibition size:

30,000 sqm (gross), 17,000 sqm (net exhibit space)

Number of exhibitors:

400 companies

Number of visitors:

6,113 (2,021 overseas from 108 countries; 4,092 domestic)

For press enquiries, please contact:

Jennifer Law, Director of Corporate Marketing & Communications
UBM Asia
Tel: +852-2516-1691
Fax: +852-3749-7342
Email: Jennifer.Law@ubm.com

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