Job Demand Strong for China's Graduate Business Students

Demand for Those With Graduate Management Degrees Is Up Among Chinese Employers, According to a New Report From the Graduate Management Admission Council

HONG KONG--(Marketwire - November 6, 2012) - Job Trends for China and Hong Kong 2012, which compiles data from GMAC surveys and Geographic Trend Reports, finds 86 percent of Chinese companies planned to hire new MBAs in 2012, and 85 percent of Chinese students attending graduate business programs in China had job offers by graduation.

"Today, young, ambitious Chinese are studying at Business Schools all over the world -- but with increasing demand for MBA graduates among Chinese companies, it's not surprising that more and more are choosing domestic programs," said Julia Herries, GMAC Asia-Pacific Regional Director. "We are also seeing increasing numbers of foreign students wanting to capitalize on the opportunities provided by China's growing economy, by studying at Chinese Business schools. In the past year, Indian, South Korean and North American students were the top three foreign groups sending GMAT scores to graduate management programs in China -- a trend we expect will continue to grow in the coming years."

Key Findings

MBA Hiring Trends in China

·   Some 86 percent of Chinese employers planned to hire new MBAs in 2012, exceeding both the global average (79 percent of companies) and the Asia-Pacific regional average (80 percent of companies). A greater proportion of Chinese employers plan to hire MBAs in 2012 than reported hiring MBAs in 2011 (72 percent).

·   Demand for MBAs among Chinese firms was the second-highest globally among regions analyzed in 2012, after Indian companies (88 percent), but well ahead of US companies (79 percent) and European companies (67 percent) that expected to hire recent 2012 MBA graduates.

Jobs Report for Chinese B-School Grads

·   The top three industries where students graduating from Chinese business schools searched for jobs in 2012 were: products & services (25 percent), manufacturing (22 percent), and high technology (18 percent).

·   85 percent of all Chinese students attending domestic business schools reported they had job offers when surveyed a month or two before graduation.

·   Graduates from full-time two-year MBA programs in China who had job offers reported salary increases of more than 71 percent from their pre-degree earnings.

Demand for Graduate Management Education in China

·   Of GMAT exams taken in testing year 2012 (1 July 2011-30 June 2012), Chinese residents represented the second-largest citizenship group, after the United States. Some 46,736 Chinese residents (44,464 living in mainland China and 2,272 living in Hong Kong) sat for the GMAT exam, representing 52 percent of the total 89,782 exams taken by all Asia-Pacific residents.

·   Top score sending-destinations worldwide for Chinese and Hong Kong residents in TY2012 were the United States (76 percent of score reports sent), Hong Kong (7 percent), Canada (4 percent), and the United Kingdom (4 percent).

Findings in this Data-to-Go are derived from several sources, including:

·   Responses from 36 employers in China who participated in the GMAC 2012 Corporate Recruiters Survey.

·   Responses from 131 graduates of business schools in China who participated in the GMAC 2012 Global Management Education Graduate Survey.

·   Responses from 2,189 residents of China and Hong Kong who participated in the GMAC 2012 mba.com Prospective Students Survey.

·   GMAT test taker data form 46,739 test takers living in China (44,464) and Hong Kong (2,272).

The GMAC Data-to-Go series includes topic-specific reports, interactive files, and presentations that focus on key issues relevant to the graduate management education market.

About GMAC: The Graduate Management Admission Council (gmac.com) is a non-profit education organization of the world's leading graduate business schools and owner of the GMAT® exam, accepted by more than 5,600 graduate business and management programs worldwide. GMAC is based in Reston, Virginia, and has regional offices in London, New Delhi and Hong Kong. The GMAT exam -- the only worldwide standardized test designed expressly for graduate business and management programs -- is continuously available at more than 550 test centers in over 110 countries. More information about the GMAT exam is available at mba.com. For media information, please visit gmac.com/newscenter, and follow @GMACNewsCenter on Twitter.

 

Robert Yu
M: +86 13911473212
M: +852 68935388
O: +852 28510289
E: ryu@gmac.com

 

© 2012 Marketwire, Incorporated. All rights reserved.

SEI Named 'Best Outsourcing Provider' and 'Best Fund Administrator' at Buy-Side Technology Awards

DUBAI, UNITED ARAB EMIRATES--(Marketwire - November 7, 2012) - SEI (NASDAQ: SEIC) today announced that it was named "Best Outsourcing Provider to the Buy Side" in the 2012 Buy-Side Technology Awards. Additionally, for the second year in a row, SEI was also named "Best Fund Administrator." The awards, presented by industry publication Buy-Side Technology at a ceremony held on 2 November in London, are a reflection of the comprehensive nature of SEI's outsourcing services for investment managers and the innovation of its technology.

"We're excited to have won both these awards from Buy-Side Technology. At a time when managers are dealing with geopolitical, economic, and regulatory pressures, we aim to relieve some of the operational burdens they face and help them succeed in an ultra-competitive marketplace," said Steve Meyer, Executive Vice President and Head of SEI's Investment Manager Services division. "We're pleased to have the independent recognition of our outsourcing and fund administration capabilities from Buy-Side Technology, and we will continue to strive to stay ahead of the market."

"SEI stood out among the other entrants in the best outsourcing provider and best administrator categories in this year's Buy-Side Technology Awards thanks to its technology, which has increased efficiencies for its investment management clients," said Victor Anderson, Editor-in-Chief of Waters magazine and WatersTechnology.com. "SEI has clearly demonstrated that it possesses sophisticated knowledge and best-in-class technology to support a range of strategies -- both complex and niche -- such as high-frequency trading and those investing in bank-debt instruments."

SEI provides a wide variety of front-, middle- and back-office services to investment managers worldwide. SEI's Manager Dashboard and the Investor Dashboard are among the innovative technologies SEI provides to integrate data and deliver comprehensive, customised reporting for managers and investors.

About SEI's Investment Manager Services Division
SEI's Investment Manager Services division provides comprehensive operational outsourcing solutions to support investment managers globally across a range of registered and unregistered fund structures, diverse investment strategies and jurisdictions. With expertise covering traditional and alternative investment vehicles, the division applies customised operating services, industry-leading technologies, and practical business and regulatory insights to each client's business objectives. SEI's resources enable clients to meet the demands of the marketplace and sharpen business strategies by focusing on their core competencies. The division has been recently recognised by Buy-Side Technology as "Best Outsourcing Provider to the Buy Side" and "Best Fund Administrator," by Hedge Funds World Middle East as "Best Service Provider," by Global Investor as "Hedge Fund Administrator of the Year," and by HFMWeek as "Most Innovative Fund Administrator (Over $30B AUA)" in the U.S. and "Best Administrator - Technology Provider" in Europe. For more information, visit http://www.seic.com/enME/investment-managers.htm.

About SEI
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of September 30, 2012, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $448 billion in mutual fund and pooled or separately managed assets, including $195 billion in assets under management and $253 billion in client assets under administration. For more information, visit http://www.seic.com/enME/index.htm.

Services provided by SEI Investments - Global Fund Services Limited (Reg. in Dublin No. 242309), SEI Investments Trustee & Custodial Services (Ireland) Limited (Reg. in Dublin No. 315393), and their affiliates, which are all wholly owned subsidiaries of SEI Investments Company. SEI Investments - Global Fund Services Limited and SEI Investments Trustee & Custodial Services (Ireland) Limited (Styne House, Upper Hatch Street, Dublin 2, Ireland) are authorised by the Central Bank of Ireland under the Investment Intermediaries Act 1995.

This material is not directed to any persons where (by reason of that person's nationality, residence or otherwise) the publication or availability of this material is prohibited. Persons in respect of whom such prohibitions apply must not rely on this information in any respect whatsoever.

 

Contact Information

Company Contact:
Dana Grosser
SEI
+1 610-676-2459
dgrosser@seic.com

Media Contact:
Paul Young / Renny Popoola
MHP Communications
+44 020 3128 8100
SEIIMS@mhpc.com

 

© 2012 Marketwire, Incorporated. All rights reserved.

Pacnet Lightning Expands to Chicago Mercantile Exchange

Solution Delivers Fast, Low-Latency Connectivity to Connect Asia's Financial Community to the Largest Futures Exchange in the United States

SINGAPORE--(Marketwire - November 7, 2012) - Pacnet announced today that it has expanded the coverage of PacnetLightning to the Chicago Mercantile Exchange (CME), the largest exchange for futures and options-on-futures in the United States.

The service expansion adds to PacnetLightning's very low latency routes over direct fiber access to the Tokyo Stock Exchange, the Osaka Stock Exchange, the Hong Kong Stock Exchange, and the Singapore Stock Exchange.

"With algorithmic and high frequency trading becoming the rule rather than the exception in today's financial markets, the race to zero has never been more critical," said Jim Fagan, President of Managed Services at Pacnet. "Through our lightning-fast, low latency subsea fiber connectivity between Chicago and key Asian markets, PacnetLightning now empowers traders in Asia to trade on the CME through our fastest connections to optimize their trading gains."

PacnetLightning guarantees highly secure, reliable and lowest-latency point to point connections to stock exchanges for traders and market data vendors, for their information access and trading needs. It uses Synchronous Digital Hierarchy (SDH) and Ethernet technology to connect traders with low latency bandwidth of up to 1 Gigabit per second (Gbps) into the various stock exchanges.

Additionally, by having Pacnet's full suite of networking and co-location services available through Pacnet's Points of Presence (PoPs) next to these exchanges, Pacnet is able to deliver a seamless experience for customers connecting to one or all of these exchanges.

PacnetLightning, which rides on dedicated Ethernet International Private Line (EIPL) circuits on the shortest cable routes of Pacnet's extensive intra-Asia EAC-C2C, and trans-Pacific EAC Pacific subsea cable systems, also offers real-time end-to-end network performance monitoring and reporting, which allow customers to see the actual latency between two points.

Through Pacnet's multiple network routes on its subsea cable system, PacnetLightning is also able to deliver the robust, redundant connections demanded by the financial community by delivering dedicated bandwidth allocation not only for the primary network path but also for the secondary network path.

Company Logo
http://release.media-outreach.com/i/136

 

About Pacnet

Pacnet is Asia Pacific's leading provider of integrated network and technology solutions for enterprise, service provider, and carrier customers. Ownership of the region's most extensive high-capacity submarine cable systems with over 46,000 km of fiber and connectivity to 23 data centers -- including its facilities in Hong Kong, Singapore, and Sydney -- gives Pacnet unparalleled reach to major business centers throughout the region including Japan, China, India, and the United States. Combined with a complete set of services for managed data, private line, hosting, co-location, and content delivery, its assets and experience in the region have helped Pacnet service large businesses worldwide including many of the Fortune 1000. Pacnet is headquartered in Hong Kong and Singapore, with offices in all key markets in Asia and North America. For more information, please visit:www.pacnet.com.

For more information, please contact
Roland Lim
Pacnet
Tel: +852 2121 2975
Email: roland.lim@pacnet.com
Genevieve Li
Pacnet
Tel: +852 2121 2728
Email: genevieve.li@pacnet.com

© 2012 Marketwire, Incorporated. All rights reserved.

Olympus Pacific Minerals Inc. Proposes Amendments to Simplify Capital Structure

 

TORONTO, ONTARIO--(Marketwire - November 7, 2012)

THIS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Olympus Pacific Minerals Inc. (TSX: OYM)(ASX: OYM)(OTCQX: OLYMF)(FRANKFURT: OP6) ("Olympus" or the "Company") today announced that it has reached an agreement with Euro Pacific Capital, Inc. as investor representative, to propose certain amendments to holders of the Company's outstanding convertible notes and gold loan notes (the "Original Notes"), subject to the consent of the applicable noteholders. No amendments will be made to the notes of holders who do not consent to the amendment offer.

The revised notes will not be convertible into or exchangeable for any other securities of the Company, will pay interest at the rate of eight per cent (8%) per annum, mature on May 6, 2015, and will entitle the holders to share in seventy per cent (70%) of the increase in the gold price beyond US$1,750 per ounce from the effective date of the amendments to the maturity date via an increase in the redemption price paid on the maturity date of the notes based on the prevailing gold price at the maturity date (Gold price to be calculated on twenty day average price May 6, 2015).

Olympus' CEO John Seton commented that if the proposed amendments are effective, it would:

• Reduce potential dilution to shareholders

• Streamline the Company's current debt assuming the original noteholdersfully accept the amendments.

He added, "This proposal addresses two of the main issues raised by investors when considering investing in the Company, however the driver for the Company was to reduce potential future dilution of shareholders. We believe that despite any associated costs the amendments contemplated by the Company's proposals will add value for shareholders.

Euro Pacific will be canvassing the holders of the Original Notes to obtain consent for the proposed amendments. Only the Notes of those note holders who provide their consent prior to 5pm (New York City time) on November 19, 2012 will be amended. The consent date is expected to be November 19, 2012, or such other date as may be agreed between the Company and Euro Pacific. The effective date of the amendments is expected to be November 21, 2012, or such other date as may be agreed between the Company and Euro Pacific. Closing will be subject to the Company obtaining on, or prior to the effective date;

i.  All requisite regulatory approvals for the redemption, including approvals of the Toronto Stock Exchange and the Australian Securities Exchange, if necessary, and

ii. All requisite corporate approvals. Closing is further subject to acceptance of the offer by holders of the Original Notes holding not less than fifteen per cent (15%) of the aggregate principal amount of the Original Notes.

Euro Pacific Capital, Inc. will be paid corporate finance fees on the effective date of the amendments equal to two per cent (2%) of the principal amount of Original Notes that are amended as described above.

Olympus is a diversified gold production and exploration company with four core assets; the properties are located in East Malaysia, Vietnam, and the Philippines. The Company produces gold and operating cash from its two underground mines in central Vietnam. The Bau Gold Field is currently in full feasibility at Jugan Hill and has an established N1 43-101/JORC resource that's expected to increase in the fourth quarter 2012 resulting from the Company's current drilling program. The Company has an early stage exploration project at Capcapo in the northern Philippines.

 

Olympus Pacific Minerals Inc.

John A.G. Seton, Chief Executive Officer

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain of the statements made and information contained herein is "Forward-looking information" within the meaning of applicable securities laws, including statements concerning our plans at our producing mines and exploration projects, which involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information is subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, failure to establish estimated resources or to convert resources to mineable reserves; the grade and recovery of ore which is mined varying from estimates; capital and operating costs varying significantly from estimates; delays in obtaining or failure to obtain required governmental, environmental, or other project approvals; changes in national and local government legislation or regulations regarding environmental factors, royalties, taxation or foreign investment; political or economic instability; terrorism; inflation; changes in currency exchange rates; fluctuations in commodity prices; delays in the development of projects; shortage of personnel with the requisite knowledge and skills to design and execute exploration and development programs; difficulties in arranging contracts for drilling and other exploration and development services; dependency on equity market financings to fund programs and maintain and develop mineral properties; and risks associated with title to resource properties due to the difficulties of determining the validity of certain claims and other risks and uncertainties, including those described in each management's discussion and analysis released by the Company. In addition, forward-looking information is based on various assumptions including, without limitation, the expectations and beliefs of management; the assumed long-term price of gold; the availability of permits and surface rights; access to financing, equipment and labour and that the political environment in the jurisdictions within which the Company operates will continue to support the development of environmentally safe mining projects. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Contact Information

Contacts:

Olympus Pacific Minerals Inc.

James W. Hamilton, Vice President Investor Relations

T: +1-416-572-2525 or Tel: +61 800 308 602 (Aus)

TF: +1-888-902-5522

+1-416-572-4202 (FAX)

ir@olympuspacific.com

www.olympuspacific.com

© 2012 Marketwire, Incorporated. All rights reserved.

G-STAR 2012, Touching the World With Games, to Have the Grand Opening This November 8th

BUSAN, SOUTH KOREA--(Marketwire - November 7, 2012) - The final touches are being put to the preparation work for 'G-STAR 2012,' an international game exhibition to be held on November 8^th, 2012 at BEXCO, Busan, before the opening ceremony of the biggest-ever event. 'G-STAR 2012' is co-hosted by Ministry of Culture, Sports and Tourism and Busan Metropolitan City, and co-organized by Korea Association of Game Industry (KAOGI) and Busan IT Industry Promotion Agency (BIPA).

 

'G-STAR 2012' will be the biggest one in the event's history, attracting 434 companies from 31 countries around the world -- growing more than 15% compared to last year in terms of participation. The co-organizers, KAOGI and BIPA, are showing their strong willingness to transform G-STAR into one of the world's top three game shows by designating 2012 as the first year of G-STAR 3.0, as 2012 is the first year when the event is transferred to the private sector.

 

KAOGI announced that it would provide every support to offer various business support programs this year as well, so that participating companies can proceed with business consultations and contracts with buyers from around the world. The association made efforts to provide an effective business consultation for participating companies by enabling them to ask questions and get advance information about other companies prior to business meetings utilizing a message transmission function between members, if they register at the renewed G-STAR website, www.gstar.or.kr, as G-STAR business observers.

 

Martin Kwanho Choi, Chairman of KAOGI, said, "We have prepared for this G-STAR 2012 by considering the convenience of participating companies and visitors, things to enjoy, and cultural events for families. We are planning to make G-STAR 2012 a comprehensive exhibition which combines entertainment and business embracing game industry and culture such as e-sports, game cultural festival, and game industry seminar."

 

Media Contact:
G-STAR 2012 Organizing Office
MR. JEONGHUN KIM
+82-2-6000-6694
b2b@gstar.or.kr

© 2012 Marketwire, Incorporated. All rights reserved.

Electrovaya, Accompanying Prime Minister Harper's Trade Mission to India, Signs Two MOUs for Lithium Ion Batteries for Automotive and Telecom Applications

MOU with Environ Energy in powering the Telecom Sector and Hero Eco for Two Wheelers in Europe, North America and India

TORONTO, ONTARIO--(Marketwire - November 7, 2012) - Electrovaya Inc. (TSX:EFL), accompanying Prime Minister Harper''s Trade Mission to India, today announced that it has signed two MOUs in the fast growing areas of Energy Storage in the Telecom sector with Environ Energy (Bhaskar Solar), part of a $4 billion Indian conglomerate, as well as a further expansion in the electric two wheeler sector with Hero Eco for markets in Europe, North America and India.

Hero Eco Ltd.

The MOU with Hero Eco Ltd. would further the synergies of both Electrovaya''s and Hero Eco''s recent acquisitions. Electrovaya would work with Hero Eco to implement Lithium Ion powered electric bikes for Hero''s markets in Asia, Europe and North America.

Hero Eco, the umbrella entity that includes Hero Electric, Hero Exports, Hero Cycles, Mediva, Winn and Hero Ecotech recently expanded its operations in Europe and North America through its overseas acquisition. As a result of this acquisition, Hero will now market Lithium Ion powered electric bikes in less price-sensitive markets of Europe and North America, expanding its market reach to 22 countries.

Hero''s expansion into Europe fits well with Electrovaya''s recent acquisition of MiljobilGrenland in Europe.Miljobil is a Lithium Ion Battery Pack integrator, which was earlier part of Tata Motors.

Hero is also expecting an increase in sales of Lithium battery powered Electric two-wheelers in the price-sensitive Indian market as a result of India''s recently announced National EV policy. The Indian government''s recent EV policy calls for a Rs 23,000 crore plan to promote the production of electric (EV) and hybrid vehicles over the next eight years, and set a sales target of 6 million units by 2020. The policy includes aspects such as incentives to customers, charging infrastructure, research & development funding and creation of EV zones.

A trusted brand name with numerous sales and service outlets across India, Hero Electric, which falls under the umbrella of Hero Eco, has recently been developing and testing its products in Europe and North America.

"We have been targeting a multi-country opportunity for our Clean Transportation products and this will further enhance our existing partnership with Electrovaya." says Naveen Munjal, Managing Director of Hero Electric.

"Hero''s global expansion plans demonstrate the need for a Green alternative to traditional gasoline powered two-wheel modes of transportation," says Dr. Sankar Das Gupta, CEO of Electrovaya Inc. "We are delighted to work with leaders such as Hero for these high-growth Clean Transportation markets."

Environ Energy Corporation India Pvt. Ltd. (also known as "Bhaskar Solar")

The MOU with Bhaskar Solar intends to harness Electrovaya''s Lithium Ion Battery technology in making renewables-based telecom towers possible. Electrovaya would work jointly with Bhaskar Solar to implement renewable energy management solutions across Bhaskar''s proposed 15,000 telecom tower applications.

According to the Telecom Regulatory Authority of India ("TRAI"), India currently has over 300,000 tower sites of which over 30,000 are in off-grid areas. The majority of the Telecom Towers are powered by diesel generators, whether on-grid or off, due to the intermittent power supply. The total annual consumption of diesel fuel by these towers is 2 billion litres, as a result of which 5 megatons of CO₂ is produced annually. TRAI has recently made it mandatory for telecom companies to use renewable sources of energy for powering their towers. At least 50% of towers and 20% of the urban towers are to be powered by hybrid energy sources (renewable and grid) by 2015. In the second phase, the telecom companies will be required to convert 75% of the rural towers and 33% of the urban towers to run on hybrid power. Ministry of New and Renewable Energy ("MNRE") is supporting off-grid solar telecom applications by providing capital subsidy of 30% to a maximum subsidy of Rs 90 per watt peak. Alternatively, soft loans at 5% interest rate subsidized by India Renewable Energy Development Agency (IREDA) are being offered for such projects.

"We have been researching opportunities in the solar industry for some time and have been awaiting an opportunity that could leverage the growing recognition by key regulators about the need to replace diesel generators with clean technology environmentally-friendly energy storage solutions." says ParthaChatterjee, Head Telecom, Environ Energy. "The large size of the market, combined with the growing cost of diesel energy solutions and the financing available for such projects, makes this a very exciting opportunity." adds ParthaChatterjee.

Electrovaya''s technology has been commercialized and brought to market with the support of the Government of Canada through Sustainable Development Technology Canada (SDTC). "For SDTC, it is a rewarding to see increased global deployment of Electrovaya''s lithium ion SuperPolymer battery in emerging markets like India in the critical sectors of clean transportation and energy storage for telecom applications," said Dr. Vicky Sharpe, President & CEO, SDTC.

About Electrovaya:

Electrovaya Inc. (TSX:EFL) designs, develops and manufactures proprietary Lithium Ion SuperPolymer® batteries, battery systems, and battery-related products for the clean electric transportation, Utility Scale Energy Storage and smart grid power, consumer and healthcare markets. The Company''s mission is to accelerate clean transportation as a commercial reality with its advanced power system for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. The Company''s other mission is to deliver Utility Scale Energy Storage Systems for the highest efficiency in electricity storage, whether the electricity is generated from intermittent wind and solar power or from other sources. Founded in 1996 and headquartered in Ontario, Canada, Electrovaya has production facilities in Canada, USA and Europe with customers around the globe. To learn more about how Electrovaya is implementing Clean Energy, please explore www.electrovaya.com.

About HERO:

HERO Eco Ltd. Is the newly formed umbrella company of the HERO Group that includes Hero Electric, Hero Exports, Hero Cycles, Mediva, Winn and Hero Ecotech. Hero Eco plans to invest Rs 450 Crore with the intention of turning this investment into Rs. 1500 Crore within the next five years. The Hero Group is one of the world''s largest producers of two wheelers. With a background of extensive research, HERO Electric entered the Electric vehicle segment with the single objective of providing eco-friendly, cost-effective mode of personalized transportation with its range of Electric Two-wheeler models. Over a short period of time, HERO Electric has been quick to establish itself as an undisputed leader in the Electric Two-wheeler segment. To learn more about HERO Eco please visit www.heroeco.com.

Environ Energy (Bhaskar Solar):

Environ Energy Corporation India Pvt. Ltd. (also known as "Bhaskar Solar") is part of a $4.1 billion Indian conglomerate based in Kolkata. The group has diverse interests including Clean Renewable Energy and is a leader in the Telecom Tower power sector.

Forward-Looking Statements

This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements that relate to, among other things, the Company''s objectives, goals, strategies, intentions, plans, beliefs, expectations and estimates, and can generally be identified by the use of words such as "may", "will", "could", "should", "would", "likely", "expect", "intend", "estimate", "anticipate", "believe", "plan", "objective" and "continue" (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to: general business and economic conditions (including but not limited to currency rates and creditworthiness of customers); Company liquidity and capital resources, including the availability of additional capital resources to fund its activities; level of competition; changes in laws and regulations; legal and regulatory proceedings; the ability to adapt products and services to the changing market; the ability to attract and retain key executives; and the ability to execute strategic plans. Additional information about material factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking statements may be found in the Company''s most recent annual and interim Management''s Discussion and Analysis under "Risk and Uncertainties", as well as in other public disclosure documents filed with Canadian securities regulatory authorities. The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law.

Electrovaya Inc.
905.855.4618
ir@electrovaya.com
www.electrovaya.com

© 2012 Marketwire, Incorporated. All rights reserved.

New Free Bingo Hour Announced at Boylebingo.com

DUNDALK, IRELAND--(Marketwire - November 7, 2012) - Online Bingo site Boylebingo.com has announced the addition of a new free bingo hour to its schedule. As a result, the popular bingo site now offers two hours of free bingo every day.

The bingo site, which has seen rapid expansion in the last twelve months, has decided to extend its free game offering on the back of player requests.

Roisin Curtis from Boylebingo.com said, "Our site is all about the community, free bingo hours help us foster this community spirit, and are a great way for new players to familiarise themselves with our site."

Players can now play free bingo for two hours every day. The latest addition to the free bingo roster is the free bingo hour from five to six in the evening every day, which launches on the 7(th) of November 2012. The seed for the room is ten pounds cash.

Online bingo players will be happy to hear that they can now play free bingo more often. Because online bingo is a social activity, with a heavy focus on chat between participants, free bingo games allow people to continue their social relationships online, without the need to stake real money.

To be successful in this sector, the priority has to be on building a community and fostering interaction between players. Boylebingo.com realises this, and will always try to give back to their players at every opportunity. The site is regarded in industry circles as being player driven. This is evident with the latest free bingo expansion.

Facebook: http://www.facebook.com/PlayatBoylebingo

Twitter: @boylebingo

About Boylebingo

Boylebingo was established in 2010 and is the online bingo division of Boylesports the largest independent bookmaker in Ireland. The company does not accept players from the U.S.

 

Contact Information

Contacts:
Boylesports Online
Feargal Byrne
Gaming SEM Manager
00 353 42 939 3251
fbyrne@boylesports.com

 

© 2012 Marketwire, Incorporated. All rights reserved.