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Archive for the ‘Venture Capital’

Get the best mobile phone deals at affordable rates

October 03, 2010 By: asandsan Category: Venture Capital No Comments →

mobile phones are necessary to carry for everyone these days and the high demand increased the competition too. And the Best mobile phone deals with exciting offers came into existence.

There are lot of mobile phone deals available in the market but only some of them are the best. The best are which contains a cool handset with all new exciting features and very exciting offers at reasonable rates. These deals can be recognized with their offers and handsets. The Best Mobile Phone Deals have the the best brands handsets like Nokia, Apple, HTC, Samsung, all the new mobile phone are included in this amazing deals.

The services provide to the buyers are also from the leading networks of UK like Vodafone, virgin, Orange, Three, T-Mobile etc. These deals includes various categories of deals like contract deals, payg mobile phones and sim free deals. Contract deals comes with a contract of a limited time period of may be 12 months, 18 months or 24 months. And PayG deals do not requires any kind of contract or any type of monthly payment is no required. And the last but not the least sim free phones deals are the cheapest deals available in the market which comes without a sim card. You just have to go online and search for the deals and choose the best one which suits you. These deals are easily available there and you can compare these deals with the other deals and select the best one.

These deals are beneficial for the seller and the buyer too. These deals are providing you a cool handset with exciting free gifts along with heavy discounts at cheap rates. These are the Best Mobile Phone Deals available in the market of UK. All network are providing the facility of having these amazing deals and all the new mobile phones are included in these deals. So, now enjoy this amazing deals with amazing offers at your door step with just a couple of clicks online the registration and booking these deals are also like a piece of cake.
http://www.ask4phone.co.uk/

Brasil S.A. annuunced 8% acquisition of Pisani Plastics

February 18, 2010 By: pramod Category: Venture Capital No Comments →

Teak Ventures do Brasil S.A. (TVB) today announced the acquisition of an 8.0% share in Pisani Industria de Plàsticos S.A. (Pisani Plastics), and the appointment of Mr. Marcelo Busato to the Board of the company. Founded in 1979, Pisani Plastics (www.pisani.ind.br) is a primary Brazilian plastic component manufacturer, based in Caxias do Sul, RS, and Pindamonhagaba, SP. Pisani Plastics had 2009 annual sales of BRL 103 Million (USD 60 Million).

TVB (www.teakventures.com) is a privately held holding company, based in Curitiba, PR, Brazil, with investments in the teak plantation, financial services, and plastic product businesses.

Mr Busato, the CEO of TVB commented: “The partnership with Pisani is key to the long term strategy of TVB, as it represents a high valued relationship in an industry where our team has over 30 years of accumulated knowledge.”

Mr Paulo Weber, the CEO of Pisani commented: “Our partnership with TVB represents the continuity in the International approach of Pisani and strengthens the Board of our company with the contribution of the experience of Mr Busato.”

PhilWebServices Philippines Launches New Corporate Blog

October 31, 2009 By: pwslinks Category: Venture Capital No Comments →

In its efforts to expand its reach and initiate information-sharing, PhilWebServices Global Solutions Inc., the leading web solutions provider in the Philippines, launches its corporate blog – http://blog.philwebservices.com. The blog offers relevant and wide-range discussions on industry-focused topics, including news on emerging technologies and valuable tips on online business strategies.

The management of PhilWebServices aims to use the corporate blog in building better interaction and understanding with its clients, mainly through posting highly educational information, such as the importance of gaining online prominence and numerous online opportunities for website owners. A lot of companies, both big and small ones have their own blogs, some mainly for fun and others purely for business. With the PhilWebServices blog, both elements are incorporated to provide interesting and entertaining materials for our prospective clients.

PHILWEBSERVICES GLOBAL SOLUTIONS INC. is a full service web solutions provider offering professional and world-class expertise in the field of web hosting, web design and development, search engine optimization and online marketing, and outsourced IT services. The company was established way back in 2003 serving both the local and international market and has earned an impeccable reputation of providing reliable and highly scalable web solutions across industry verticals.

For more information on the services that they are providing, you may visit their highly informative website at www.philwebservices.com.

Information-

Contact: Chereth Cucharo

Email: info@philwebservices.com

Website: www.philwebservices.com

Novasys Medical Receives $18.95 Million in Second Tranche of Series D Financing

July 24, 2009 By: Ub News Press Release Category: Health/Medical/Fitness, Venture Capital No Comments →

NEWARK, Calif. – Novasys Medical, Inc., developer of the Renessa(R) treatment for female stress urinary incontinence, announced today that it has received $18.95 million in the second tranche of its previously announced Series D preferred stock financing. The Company received the first tranche of the Series D round in May 2008, with lead investor Versant Ventures and new investors ThreeArch Partners and Skyline Ventures. All three participated in the second tranche, with existing investors Alloy Ventures, Delphi Ventures, GBS Venture Partners and Hercules Technology Growth Capital.

“In this challenging financing environment, we greatly value the continued support of our investors. They understand the tremendous opportunity the non-surgical Renessa treatment offers women,” said Debra Reisenthel, President and CEO of Novasys Medical. “This financing will speed the process of securing reimbursement for the Renessa treatment. Since the first tranche of the Series D financing closed last May, we’ve enjoyed major progress with several key payers agreeing to cover the procedure. These payers include Aetna, plus regional Medicare carriers Noridian , First Coast and TrailBlazers, who cover 27 million lives. Additional payers are expected to join them in covering Renessa soon.”

Beckie Robertson, Managing Director with Versant Ventures, said, “We’re really pleased with the reimbursement progress Novasys has made with payers in the past year. We’re confident this is a huge opportunity in an underserved market.”

Female Stress Urinary Incontinence (SUI)

SUI is the involuntary leakage of urine associated with coughing, sneezing, laughing and recreational activities. It is caused by a variety of factors—most commonly childbirth—and often restricts the social, professional, and personal lives of an estimated 15 million women in the U.S. alone. With currently available surgical and non-surgical SUI therapies, many patients and physicians have concerns about safety, recovery, compliance and/or effectiveness. Experts estimate 80% of women with SUI thus do not seek treatment of any kind.

The FDA-cleared Renessa System includes a small probe which a physician passes through the natural opening of the urethra (transurethral). The probe gently heats the tissue in the bladder neck and upper urethra. The heat denatures the collagen in the tissue, and upon healing, the tissue becomes firmer and more resistant to leaks. The Renessa treatment can be performed in the convenience of a physician’s office, or in an outpatient setting, using local anesthesia. There are no incisions, bandages or dressings required. Recovery is rapid and comfortable, with minimal post-procedure limitations. More than 350 urologists, urogynecologists and gynecologists have been trained and have performed the Renessa procedure in nearly 3,000 patients.

About Novasys Medical

Novasys Medical, Inc. is a privately held, venture-backed company which develops innovative therapies in women’s health. The company’s initial focus is the development and commercialization of the Renessa System, a proprietary, non-surgical approach to the treatment of female stress urinary incontinence (SUI).

For more information, please visit www.novasysmedical.com or call (510) 226-4060.

Kovio Raises $20 Million in Series E financing to Ship RF Barcodes

July 20, 2009 By: Ub News Press Release Category: Venture Capital No Comments →

MILPITAS, Calif. – Kovio, Inc., a privately held pioneer in printed silicon electronics, today announced that to date it has raised $20 million in Series E financing, all from its current investors. With this series of funding, Kovio plans to commence volume shipments of its Kovio RF Barcodes, a new category of barcode that leverages low cost and eco-friendly printed electronics to affordably and securely bring intelligence to everyday things – from transit tickets to consumer products.

“The continued support of our world-class investor team validates the strength of Kovio’s vision and the growing momentum behind bringing its RF Barcodes to market,” said Amir Mashkoori, president and CEO, Kovio. “Our investors recognize that Kovio has immense potential, with an opportunity to serve a market of literally trillions of products. This round of funding will provide Kovio the capital required to reach its next significant milestone – volume shipments of the first printed RF Barcodes in the industry.”

Kovio plans to bring together the online and physical worlds through RF Barcodes that are printed utilizing Kovio’s proprietary silicon inks and high-performance graphics printing technologies. Kovio’s RF Barcodes are designed to affordably and securely enable a wide range of digital information for everyday consumer products, including product details, direct access to Web sites, nutritional information or even promotional programs. The digital information that is enabled by Kovio RF Barcodes and accessed through ubiquitous mediums such as the mobile phone, creates new opportunities in promotions and authentication at the item-level, enabling a new communication medium for brands and retailers to interact with consumers at the point of sale.

Kovio investors who participated in the current round of financing include Bessemer Venture Partners, Duff Ackerman & Goodrich Ventures, Flagship Ventures, Harris & Harris Group, Jerusalem Venture Partners, Kleiner Perkins Caufield & Byers, Mitsui Ventures, Northgate Capital, Panasonic Venture Group, Pangaea Ventures, Pinnacle Ventures and Yasuda Enterprise Development.

“We are very excited about the Kovio opportunity,” said Rob Chandra, partner, Bessemer Venture Partners. “Kovio is a company that is creating a new category of products with unique, protectable technology, and we believe the market they can enable is enormous. As a result, they fit our highly selective investment profile very well.”

Kovio’s printed silicon platform can also be applied to a range of other applications, including sensors and displays, expanding the company’s potential market opportunity beyond RF barcodes. This financing announcement follows a series of recent company award wins, including the 2009 Red Herring 100 North America, the 2008 and 2009 IDTechEx Printed Electronics Awards for New Product Development, and the Silicon Valley/San Jose Business Journal 2008 Emerging Tech Special Judges’ Award.

About Kovio, Inc.

Kovio, Inc., a privately held Silicon Valley company, is developing a new category of semiconductor products using printed silicon electronics and thin-film technology. Kovio’s approach delivers a unique and compelling value proposition in multiple industries, including retail, healthcare, consumer electronics, transportation, manufacturing and energy.

Kovio’s investors are Kleiner Perkins Caufield & Byers, Bessemer Venture Partners, Duff Ackerman & Goodrich Ventures, Flagship Ventures, Harris & Harris Group, Jerusalem Venture Partners, Mitsui Ventures, Northgate Capital, Panasonic Venture Group, Pangaea Ventures, Pinnacle Ventures, Toppan Forms and Yasuda Enterprise Development.

For more information on Kovio, please visit http://www.kovio.com.

About Bessemer Venture Partners

Bessemer Venture Partners (http://www.bvp.com) is a global investment group with offices in Silicon Valley, Boston, New York, Bangalore, Mumbai, Beijing and Tel Aviv. As the oldest venture capital practice in the United States, BVP has partnered as an active, hands-on investor in Ciena, Ingersoll Rand, Parametric, Skype, Staples, VeriSign and W.R. Grace, among many others. More than 100 BVP-funded startups have gone public on exchanges in Canada, India, London and the United States.

Press Contact:
Lori Tokunaga
The Hoffman Agency for Kovio
(408) 975-3053
ltokunaga@hoffman.com

BP Alternative Energy Plc Investments in South Pole Carbon Asset Management Ltd.

March 16, 2009 By: Ub News Press Release Category: Venture Capital 1 Comment →

BP Alternative Energy Plc Investments in South Pole Carbon Asset Management Ltd.: BP Alternative Energy Plc has taken a minority interest in South Pole Carbon Asset Management Ltd., a leading developer of high-quality greenhouse gas emission reduction projects.

Since its inception in 2006, South Pole has been profitable and has financed its growth out of the cash flow generated from carbon asset development and related advisory services. Through the investment from BP the company will accelerate its expansion and consolidate its leading position in the markets for regulated and voluntary emission reductions. “We are very pleased to announce this strategic partnership with BP Alternative Energy. Together both companies are in a strong position to seize the many opportunities that present themselves in the carbon markets at a time of market volatility. Success in coming years will require the right combination of technical expertise, financial muscle and global reach. We believe that through this partnership we have found a compelling formula for success and look forward to a very promising 2009,” says Dr. Christoph Sutter, CEO of South Pole.

Says Justin Adams, Head of BP Alternative Energy Ventures which hosts the Emission Asset Business; “We believe that efficiently managing carbon emissions is an increasingly important activity to ensure long-term competitiveness in the global energy industry. In our view, the carbon markets will play an important and growing role in coming years, which is why we are pleased to partner with a leading carbon asset developer like South Pole who has a deep knowledge of the markets, experience in a broad range of project types and a presence in key geographic markets.”

The two companies will collaborate in the market for Certified Emission Reductions (CERs) under the Clean Development Mechanism (CDM) to originate and implement high-quality emission reduction projects, develop new partnerships and establish effective routes to market.

About South Pole Carbon Asset Management Ltd.
South Pole is a carbon asset manager with outstanding technical expertise and a reputation for developing innovative and cost-effective emission reduction projects. The company focuses on high-quality greenhouse gases emission reduction certificates and was the first company worldwide to generate issued CERs with the Gold Standard quality label. South Pole staff have successfully registered CDM and VER (Voluntary Emission Reduction) projects with a forecasted total of more than 100 million tons of CO2 until 2012. The company currently has offices in eight countries and some 150 projects under management.

www.southpolecarbon.com

About BP Alternative Energy Plc
BP is of one of the world’s largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items. It is the largest oil and gas producer in the U.S. and one of the largest refiners. BP also has a global network of around 22,000 service stations.

BP Alternative Energy was launched in 2005 with a pledge to invest $8bn in alternative sources of energy over 10 years. BP Alternative Energy hosts all of BP’s interests and investments in developing new energies including wind, solar, biofuels, hydrogen power with carbon capture and storage and the AE Ventures business.

This set of activities also includes BP’s Emissions Asset Business, part of AE Ventures, which seeks to capture and trade the value of carbon emissions reductions. In addition, this growing business provides services to external companies also working with key carbon emission mechanisms, such as the Clean Development Mechanism (CDM) and Joint Implementation (JI). It also seeks to work with the increasing number of companies that wish to participate in voluntary emissions trading markets, as either buyers or sellers of emission credits.

www.bpalternativenergy.com

This release was issued on behalf of the above organization by Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com

Hugh Panero Joins NEA as Venture Partner

November 15, 2008 By: Ub News Press Release Category: Venture Capital No Comments →

XM Satellite Radio Co-Founder and Former CEO Further Strengthens NEA’s
Thriving Consumer Technology Practice

CHEVY CHASE, Md., Nov. 6 /PRNewswire/ – New Enterprise Associates, Inc. (NEA), a leading global venture capital firm, today announced that Hugh Panero, co-founder and former CEO of XM Satellite Radio, has joined the firm as a Venture Partner. Mr. Panero brings more than 25 years of new media experience in content, finance, operations, distribution and marketing to this new role and will work closely with NEA’s consumer technology team.

“Hugh is a proven company builder who has consistently demonstrated an ability to scale technology concepts to create high-growth media businesses,” said Peter J. Barris, Managing General Partner of NEA. “His wealth of expertise in building media businesses from concepts to consumer acceptance makes him an outstanding addition to our consumer technology team, and NEA is very pleased to welcome him to the firm.”

Mr. Panero co-founded XM Satellite Radio in 1998 and served as its Chief Executive Officer until August 2007 (XM merged with SIRIUS Satellite Radio in 2008). During his tenure at XM, the company became America’s number-one satellite radio service with more than 9.3 million subscribers and grew from a concept into one of the fastest-growing new technologies ever, outpacing the growth of wireless phones and cable television. Mr. Panero was named one of the best CEOs in America by Institutional Investor in January 2006. Under his stewardship, XM was named “Product of the Year” by Fortune magazine and an “Invention of the Year” by Time. Billboard magazine named him one of 20 “power players” in the digital entertainment industry for 2005.

“Recognizing that consumer demand is increasingly driving technology innovation, NEA has applied its core strengths in electronics, financial services and other sectors to build a premier franchise in the consumer technology space,” said Mr. Panero. “I look forward to working with the team to identify and build truly best-of-breed companies in this rapidly evolving sector.”

Mr. Panero started his career as a journalist and over his 25-year media career has held various executive positions building subscription, on-demand and advertiser-supported entertainment distribution businesses. From 1993 until joining XM in 1998, he served as President and CEO of Request Television, a pay-per-view network owned by TCI’s Liberty Media and Twentieth Century Fox. Prior to that he spent 10 years at Time Warner Cable of New York City, where he helped build and grow the world’s largest cable system. Mr. Panero received a bachelor’s degree in Government and Sociology from Clark University and has a master’s degree in Business Administration from Baruch College.

About NEA

New Enterprise Associates, Inc. (NEA) is a leading venture capital firm focused on helping entrepreneurs create and build major new enterprises that use technology to improve the way we live, work and play. Since its founding in 1978, the firm has followed the same core principles: supporting its entrepreneurs, providing an excellent return to its limited partners, and practicing its profession with the highest standards and respect. Through its affiliated funds, NEA focuses on investments at all stages of a company’s development, from seed stage through IPO. With approximately $8.5 billion in committed capital, NEA’s experienced management team has invested in over 650 companies, of which more than 160 have gone public and more than 240 have been acquired. NEA has U.S. offices in Chevy Chase, Maryland; Menlo Park, California; and Baltimore, Maryland. In addition, New Enterprise Associates (India) Pvt. Ltd. has an office in Bangalore, India and New Enterprise Associates (Beijing), Ltd. has offices in Beij ng and Shanghai, China. For additional information, visit http://www.nea.com.

SOURCE New Enterprise Associates, Inc.


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