Category Archives: best pr agencies in istanbul

Turkey’s first and only Mega Yacht Marina is rising in Atakoy

Right next to the mega yacht marina, there will be a convention center,movie theaters, performance arts centers, sports facilities, restaurants, cafes and hotels. The shopping street,with its famous brands, will bring a fresh breath of air for our visitors’ shopping habits.

Residences stand out with their warm and cozy decorations, panoramic sea and marina views, displaying a magnificent panorama of Istanbul and the Prince Islands. At the same time, the offices bring prestige and comfort for business life.



Atakoy Mega Yacht Marina fills an important gap in Turkey’s tourism infrastructure by transforming the city into a coveted location for yacht tourism.

marina brosur




EXPO 2016 Antalya is getting ready to host its guests and visitors from all over the world. This year’s theme is “Flowers and Children,” and the construction of its symbol, the EXPO Tower, will take six months. The viewing terrace, which will accommodate restaurants and cafes, will be built on the ground and, with the help of powerful cranes, will be hoisted to a peak that stands proudly in the air like a flag 120 meters high. TACA Construction is undertaking the construction of this building that will come to symbolize EXPO 2016 and that will be achieved through a technology first of its kind in Turkey.

Taca Tayyar Akkurt

“EXPOs are an attract millions of tourists, and each comes with its own particular symbol. For EXPO 2016 Antalya, we are proud to construct the convention center that will come to symbolize the event: the EXPO Tower. These are the projects that have been given to our care thanks to our reputation for delivering quality projects on time. We are building this 120-meter tower, which will house restaurants and viewing and recreation areas, with the help of construction technology that will be utilized in Turkey for the very first time. This technology has been used in only a handful of buildings in the world. Called the “Eiffel Tower of Turkey,” the Expo Tower will add value both to the city of Antalya and to our tourism industry. It will be a monument that befits Turkey’s first EXPO,” said Tayyar Akkurt, chairman of TACA Construction.

Modelled after the Turkish peony, a plant native to Antalya, and the famous Hadrian’s Gate located in Antalya’s old town, the EXPO Tower, with a height of 120 meters, will be opened on April 23, 2016.


Mecit Akkurt, after completing his graduate studies in construction engineering in the UK, returned to Turkey and founded Akkurt Construction Company. He has completed several high profile projects both in Turkey and abroad. By 1988, he took over the company from his father, Tayyar Akkurt, and renamed it to TACA Construction. He continues to lead the firm to this day through his commitment to quality, high-speed production methods and his customer-focused approach. TACA Construction ranks 198th in the world in the construction industry. TACA Construction builds massive structures such as hotels, hospitals, convention centers, and shopping malls in the Middle East and Africa. It has international partners and offices in the United States, Libya, Algeria, Qatar, Saudi Arabia, and the United Arab Emirates.


Manifesto was announced as the first public relations consultant of Contemporary Istanbul; the leading art fair that brings international focus to the dynamic art scene in the unique metropolis, in its 10th anniversary


Contemporary Istanbul features the best contemporary art from 102 art galleries in 24 countries and 28 cities on 12-15 November 2015 in Istanbul Congress Center and Lütfi Kırdar ICEC. Contemporary Istanbul offers opportunities not just to discover the extraordinary city of Istanbul and its young, vibrant art scene, but to consider the future of contemporary art.

Sponsored by Akbank Sanat in its 10th year, Contemporary Istanbul spotlights the significance of Art Communication with its Manifesto Pr Agency.

Manifesto announced as the first Turkish communication agency of Contemporary Istanbul

Contemporary Istanbul Chairman, Ali Güreli: ‘’We celebrate the 10th anniversary of Contemporary Istanbul which has been transforming Istanbul into a coordinating point of the best contemporary art pieces. Contemporary Istanbul supports contemporary Turkish art and introduces the most prominent contemporary art pieces with the art lovers. Thanks to the international mission of the fair, it is possible to observe the diversity in discourse reflecting the wide ranging reach of the organization. We hope Contemporary Istanbul taking place on 12-15 November that leaves 10 years behind to reach wider masses with stronger influence and powerful messages thanks to the cooperation with Manifesto´.


Emphasizing the value of Art Communication by reflecting upon the global art communication practices, Manifesto CEO Selin Bozkurt said: `Art Communication in Turkey demonstrates a low profile in comparison with the developed countries which needs improvement. We plan to create awareness among the art lovers with the projects we will realize in aid to the most influential contemporary art platform in Turkey; Contemporary Istanbul. It is our aim to promote Turkish contemporary art further in local and international platforms. We take the rightful pride in supporting art communication and its improvement in Turkey´.

20 Reasons To Invest In Turkey

20 Reasons To Invest In Turkey


Turkey is a shining star on the middle east lands and when you look at the other countries which are being on the same geography, you can notice the most powerfull country is Turkey. On that point, investors from all over the world come these lands to make their investments. Because Turkey Property is really valuable for them and they want to gain more money with their new jobs.

Turkey has an important investment point, it is called Istanbul, the biggest city of the country. Every big companies have some centers here and Property In Istanbul is very important for them. If an investor want to put some money for a new project in this city, he or she must to trust the general conditions.

Here is the list of the 20 reasons to invest in Turkey;

  1. Turkey Economy is being developed day by day.
  2. Sectors are really dinamic.
  3. These lands are very important for the world.
  4. The ROI (Return of Investment) is realised very quickly and it has too much benefits.
  5. You can find the gfood reasons to invest. Investment atmosphere get you secure.
  6. The labor costs are not too much and workers are very talented.
  7. The relationships of Turkey and Europen Union are nice and for the trade they’re useful.
  8. For the business, there is an energetic atmosphere with the youth people.
  9. Economic system is developed day by day and it is really attractive for the investments.
  10. Turkey Investment is can be tested to make a lot of money and gain big profits.
  11. The system of the taxation is helpfull for the investors to being in Turkey.
  12. The population of the country is really big.
  13. Investors can look at the opportunities.
  14. The rules supports to the investors.
  15. Some sectors have the lower taxes.
  16. Turkey has an open minded view to invest.
  17. The jeopolitic position is nice.
  18. Investors have different alternatives for investments.
  19. Foreign companies give the trust to public.
  20. Costs are low.




3rd Bosphorus Bridge

3rd Bosphorus Bridge

Turkey is very powerfull and attractive country. Foreign people visit here every year and they come these lands with crowds. There are a lot of cultural and touristic things to see and to visit. 3rd Bosphorus Bridge is the new bridge for the Istanbul and it is prepared for now. When it will be finish, this bridge can solve the traffic jam for the city and a lot of cars, buses, vehicles and others can use this way to pass the lands. On that point, there are some opportunities around the new bridge for the investors.

Land Investment in Turkey topic is really popular for now. Because investors want to buy some lands in Istanbul, but if these lands are around an important place or the new part of the city, they are also more valuable than the other lands. It means that investors can sell these lands in a short time and make money. Or investors can make some projects on these lands may be.

Like these kind of reasons, to Buy Land Istanbul is normal for the people. Because the city is still being developed and bigger. So, someones will gain the money and people will need some buildings or lands. At that time, we can understand that investors can buy some parts of the city and they can sell there for the people and people will have a lot of benefits.

Transportation in Istanbul will be so relaxed after finishing the 3rd Bosphorus Bridge. Because this bridge will carry the trucks more than the other cars. Because if they use here, the other bridges will be cool for the cars while passing the continents. If you think for the traffic problem in Istanbul, you will notice the 3rd bridge is really an important thing for the transportation. By the way, on this bridge, not only gods will be transported, but also humans will be transported from the Asia to Europe or from the Europe to Asia. The main thing is we need to wait for the finishing of the bridge and see the relaxing.

Why Invest In Turkey

Why Invest In Turkey

Investment is very valuable thing for the people and investors. Because they can present to the people new projects to use. On the other hand, investors will gain a lot of money from these investments. So, we can describe these things as mutualism with the benefits of the people and investors. For example, in Turkey, you can notice that a lot of foreign investors to make some new things for the people. Especially in Istanbul, everywhere is full of new investments. For example we can talk about 3rd Bosphorus Bridge or Istanbul’s New Third Airport. These projects will be ready to use in the near future and of course investors will make lots of money and big profit. On the other side people will use them for the transportaion and their life will be very easy and practical.
For these reasons and also aother things, Tureky Property is really critical thing for the investors to get more money. So they are searching about the lands and constructions and they are trying to find the Best Investment Opportunity in Turkey. If they make a decision to put their money on the ground for the new projects, they know their capital money will be more bigger than the first times of the investments. At the same time they are thinking of that buying Apartment for sale in Istanbul and it is a good way also get rental income from there in the future.
On the other hand people are very amazed by the investors because of the new projects. We can talk about Canal Istanbul Project on this point. This is very attractive things for the people and investors and some investors can search new investment opportunities around these lines of the canal like to think to Buy house in İstanbul. Not only buying houses, but also buying lands are really nice opportunities for them and they can Buy Land in Turkey to make more money. Because they can use these lands. Some constructions will be finished on there or they can sell there in the near future.

Rolta’s FY-15 Consolidated Revenue Grows 18.2% and EBITDA Grows 23.6%

Rolta’s FY-15 Consolidated Revenue Grows 18.2% and EBITDA Grows 23.6%

MUMBAI, May 25, 2015 /PRNewswire/ —

Rolta India Limited (Rolta), a leading provider of innovative IP-led IT solutions for
many vertical segments, including Defense/HLS, today announced audited financial results for the quarter and year ended March 31, 2015.

(Logo: )


– Consolidated Revenue for twelve months FY-15 at Rs. 3,679.46 cr (Rs.36.80
Billion) against Rs. 3,113.92 cr (Rs. 31.14 Billion) in previous period, registering a Y-o-Y growth of 18.2%.
– Consolidated EBITDA for twelve months FY-15 at Rs. 1,276.62 cr (Rs. 12.77
Billion) against Rs. 1,033.06 cr (Rs. 10.33 Billion) in previous period, registering a Y-o-Y growth of 23.6%.
– Consolidated profit after tax for twelve months FY-15 as against previous period is not comparable due to exceptional item.
– Consolidated Revenue for Q4 FY-15 at Rs.946.14 cr (Rs 9.46 Billion) against
Rs. 966.75 cr (Rs. 9.67 Billion) in Q3 FY-15, registering a Q-o-Q decline of 2.1%.
– Consolidated EBITDA for Q4 FY-15 at Rs. 310.60 cr (Rs. 3.11 Billion) against
Rs. 344.82 cr (Rs. 3.45 Billion) in Q3 FY-15, registering a Q-o-Q decline of 9.9%.
– Consolidated profit after tax for Q4 FY-15 at Rs. 36.01 cr (Rs. 0.36 Billion)
against Rs. 76.56 cr (Rs. 0.77 Billion) in Q3 FY-15, registering a Q-o-Q decline of 53.0%.
– The Board of Directors has recommended a final dividend of Rs. 3.00 per equity
shares on the face value of Rs. 10 each for the financial year ended March 31, 2015.

Mr. K. K. Singh, Chairman and Managing Director said, “During the year under review,
our strategy of transforming the Rolta business model to an IP-led one was strongly
revalidated by our selection for the very large and prestigious BMS project of the Indian
Army. Rolta has also successfully leveraged the rapid acceptance of its IP-led solutions
for Big Data Analytics as also for traditional applications to gain traction in new
verticals and geographies. Such recognition in the marketplace vindicates the Company’s
unique approach of combining Rolta expertise in IT and Defence domains for rapidly monetizing its investments.”


During the year under review, Rolta focused on enhancing its software products and
developing new solutions. It inducted senior managers and subject matter experts in all
geographies, especially at all development and R&D centers. Rolta received numerous awards for excellence of its solutions in areas like eGovernance, Cloud implementation, Enterprise Security, and Smart City solutions.


Defense and Security

Rolta continues to sustain and strengthen its leading position in the Indian Defence & Security markets as a provider of indigenous Command, Control, Communications,
Intelligence, Surveillance and Reconnaissance (C3ISR) solutions by continually enhancing its portfolio.

– Battlefield Management System (BMS): Ministry of Defence (MoD) has
selected the exclusive consortium of BEL and Rolta as a Development Agency for the
Battlefield Management System (BMS) project worth over Rs. 50,000 Crore.

The BMS is categorized as a “Make” programme under the DPP, and is one of the largest projects being indigenously developed and manufactured for the Indian Army. This
prestigious programme is meant to deliver Command, Control and Communications (C3)
capabilities to the fighting echelons, operating at the forward edge of the Tactical
Battle Area at the Battalion and Combat Group levels. BMS is a situational awareness and
visualization system that aims to optimize the operational effectiveness of tactical units.

As a part of its consortium with BEL, Rolta is responsible for the complete BMS
application development and software licensing, GIS software and services. Rolta will also
jointly work with BEL for manufacturing subsystems for the soldier system, the overall
system design, integration, installation, commissioning and maintenance of the BMS programme. The project is progressing well.

– Intelligence, Surveillance and Reconnaissance (ISR): The Company’s
indigenous ISR solutions are being exploited by hundreds of users in Indian Defence.
These high-tech Image Exploitation Systems are deployed at field formations and
utilized to serve critical operational needs of providing essential inputs for operational planning, intelligence acquisition and surveillance.

Rolta is the only Company in India to have developed and released highly sophisticated
indigenous ISR software solutions that are used for assessing and interpreting troop
movements and enemy build up at forward locations to counter threats like insurgency,
infiltration, etc. With the latest 64-bit release of this software suite, Rolta has now
joined just a handful of companies worldwide that have this sophisticated technology to
fully exploit the latest advances in satellite and aerial imaging, and cutting edge computing platforms.

– Optronics: To further strengthen its indigenous ISR portfolio, the Company
has signed definitive agreements to establish a Joint Venture with Meprolight, a
leading International Electro-Optics company. To be owned 51% by Rolta and 49% by
Meprolight, the JV will take advantage of technology transfer from Meprolight for
developing and manufacturing state-of-the-art Optronics devices based on Image
Intensifier and Thermal Imaging technologies in India, for addressing the growing
demand for night fighting capabilities by the Indian defence and security forces.
– Communications: In the mission critical communications area, the company has
won sizeable orders from West Bengal, Maharashtra, Kerala and AP police forces. Very
recently, the company also successfully implemented the nationwide high power radio
communication system based NAVTEX solution for the Directorate General of Light Houses
and Light ships (DGLL). The system provides automated messaging for delivery of
navigational, meteorological warnings and forecasts, as well as urgent marine safety
information to ships. Designed to provide a minimum assured coverage of 250 Nautical
Miles from the Indian coastline of over 7,000 kms, this state-of-the-art system has been established over 20 sites.
– Homeland Security: Rolta’s indigenous safety solutions, which include
world-class software like Rolta GeoCAD(TM), Rolta Command and Control(TM) and Rolta
Crime Analytics(TM) have been recognized for the significant value they bring to “Safe
City” programs across the nation. These solutions have been implemented for numerous
police forces in many states and are being used to speedily respond to citizens.

Geospatial and Engineering Information Management

Geospatial Domain: Rolta has executed hundreds of projects world-wide leveraging and
sharpening its domain expertise. It has used this experience and know-how to develop an
extensive suite of over 30 software products and solutions to address “Smart City”
initiatives globally. These products typically provide intuitive actionable insights in
real time through contextual integration of heterogeneous systems and a variety of
sensors. The latest release of its spatial integration platform Rolta Geospatial Fusion
OnPoint(TM) includes 64-bit support that helps deployments for managing massive data and
is, therefore, uniquely suited to address diverse Smart City segments. Rolta and Hitachi India Pvt. Ltd. entered into an MoU for jointly addressing significant market
opportunities in high-growth business segments in India, and to explore establishing a JV
for strategic business collaborations for infrastructure systems in large verticals,
including Smart City initiatives. Some examples of success in various Smart City segments:

– City Planning, Citizen Services and eGovernance:
– After winning large projects for City Planning applications in Dubai, Abu
Dhabi and Saudi Arabia, the Company has now been selected for a multi-million
dollar contract in another major Middle-East country which entails implementing
Web-enabled GIS with 2D/3D ‘intelligent maps’ for secure access by various stakeholders.
– The Company implemented a national GeoPortal for Citizens for an apex
organization in Saudi Arabia, which has been selected to receive the prestigious “Geospatial World Excellence Award”.
– The Company completed a US Trade & Development Agency project for
collecting and monitoring Nanjing’s transportation data from hundreds of sensors
and providing dashboards to assist in management of traffic and environmental
parameters in real-time. Rolta leveraged its patented Rolta iPerspective(TM), a
platform for integration of disparate sources of data, Rolta OneView(TM) for
business intelligence, and Rolta Geospatial Fusion(TM) to integrate spatial attributes.
– Rolta recently won a large order in India from the state of MP for a
‘smart governance’ solution to establish a ‘State Residential Data Hub’ (“SRDH”)
to streamline delivery of benefits directly to citizens. Rolta’s SRDH is a
repeatable solution and suited to fulfill the needs of various States, who are
under directives of the Central Government to implement SRDH solutions.
– After successfully delivering a “Rural Livelihood” solution in Bihar,
Rolta won a large order from the state for a “Smart Healthcare Portal”. – Rolta’s eGovernance solution implementation recently received the
prestigious “eGovernment Excellence Award 2015” from the Government of Bahrain. – Utilities and Assets Management:
– After establishing its credibility with Thames Water in the UK through
some key projects for spatially enabled analytics for asset management, Rolta
recently won a contract from the client for a strategically important solution for
performance and regulatory compliance reporting services, an area of interest to
most utility companies in the UK, thereby opening up a new avenue for business.
– In recognition of Rolta’s commitment to providing high-value innovative
solutions and services, Northern Power Grid in UK awarded significant additional scope to enhance their spatially-enabled business systems.
– Rolta contracted with IBM in Qatar to integrate its GIS solutions with IBM’s Asset Management Solution for Ashgal.
– Transportation:
– The Company was awarded a contract by Dubai RTA for developing a system
for centralized issuance of electronic No-Objection Certificates (“eNOC”) to
various agencies for carrying out public works in a coordinated manner, thereby
reducing costs and delays. Most GCC countries have evinced keen interest in such an eNOC solution.
– With its geospatial integration approach, Rolta implemented web-enabled
planning and map-publishing system leveraging Rolta OnPoint(TM) for direct access
by various stakeholders, including the public, through a secure portal in Saudi Arabia.
– In a recent engagement, Rolta was asked by an apex Transport Authority in
the Middle-East to develop a sophisticated and unified security solution to
streamline access to their Internet and intranet systems by diverse users, including access by the public.
– Another project being executed by Rolta in the Transportation vertical is
for a provincial Ministry of Transportation (MOT) that manages Canada’s largest
network of transit, road, highway, border, and bridge infrastructure. The solution
will provide a platform to MOT for prioritizing budget allocations for maintenance and capital projects.
– Rolta has been selected to develop a Traffic Impact System in the UAE.
This multi-million dollar project will leverage Rolta Geospatial Fusion
OnPoint(TM) and provide a comprehensive solution to improve the overall financial
health of operations, and increase cost recovery on capital projects.

Engineering Information Management: Rolta is positioned very strongly due to its
unique ability to integrate its portfolio of engineering solutions with enterprise-level IT applications, thereby raising the value proposition much beyond traditional applications and services.

– Global Leader (Fortune 100 Company): In North America, Rolta renewed its
Master Services Agreement with a global energy solutions company with diversified
interests that include power generation and water technologies. Rolta’s engagement
with this customer for engineering-IT services and solutions is worth multi-million
dollars. Rolta is entrusted with design and development of enterprise-wide global
engineering data management standards and work-flows to enable automated manufacturing
of plant equipment and to provide a platform for integration of Operations Technology (OT) and business systems (IT).
– Sadara Chemical Company: Sadara is a JV between Dow Chemicals and Saudi
ARAMCO. It engaged Rolta last year on a multi-million dollar contract to implement a
comprehensive Engineering Information System. The success of the initial phase has led
to award of an equally significant additional scope during the year. The project at
Sadara includes implementation and integration of 30 engineering applications to
support all aspects of the engineering work processes in all the 26 plants of Sadara.
The customer is extremely satisfied with Rolta’s performance on the first phase which
is now nearing completion, and Rolta is in advanced discussions for award of additional scope of work, again valued at multi-million dollars.

Enterprise IT Consulting Services

Rolta’s Enterprise IT Consulting group’s world-class expertise in Oracle technologies
is well recognized. Rolta has successfully completed numerous projects for EBS upgrades,
BI consolidations, EPM, and Fusion Middleware. The Company is looked up to for providing
cutting-edge solutions for deployment of sophisticated IT Infrastructure such as for
Cloud-enablement and enterprise security, with multi-year Managed Services engagements.
Rolta received an IT Excellence Award from VMware in India, for the “Best implementation
of Private Cloud Automation”, recognizing Rolta’s expertise and innovative approach to
implementing such cutting edge technologies. Rolta is Oracle’s worldwide Platinum Partner
with specializations across an extended Oracle Technology stack. Rolta and Oracle jointly address some complex customer needs to leverage Rolta’s expertise and IP.

– The Company built upon its enviable track-record in BFSI for designing and
implementing sophisticated applications, including Hyperion-based EPM solutions. Many
large banks engaged Rolta for developing and implementing applications like balance
sheet planning, and forecasting. The Company won a contract to provide guidance and
support to implement technologies for Comprehensive Capital Analysis and Review
(CCAR), a stress test imposed by the U.S. Federal Reserve that incorporates proposed capital outflows and assesses capital planning processes.
– The Company has completed many projects for Oracle technology upgrades across
many vertical segments. For example, Rolta recently upgraded the Oracle E-Business
Suite for a global provider of blood and plasma supplies, a successful completion of
the project to migrate their ERP system from a competing platform to Oracle R12.
– Driven by recognition of the unique benefits of Rolta SmartMigrate(TM), the
automated solution for migration of applications and databases from one technology
platform to another, Rolta is being increasingly sought by customers wanting to
consolidate technologies. For example, Safran Software Solutions, a Norwegian
multinational company, completed the migration of their flagship “Safran Project”
solution for risk management in asset-intensive industries, using the Rolta technology.

Business Intelligence and Big Data Analytics

During the year, the Company continued to gain significant traction in BI/Big Data
Analytics area with new opportunities for Rolta OneView(TM) and major extension of scope
of existing engagements. The Company was engaged by clients in Transportation, Chemicals,
and Utilities, besides Oil & Gas. The release of Rolta OneView(TM) 6.0 has positioned the
solution platform even higher in the competitive landscape by significantly enhancing its
features and pre-built functionality. It is now Cloud-ready and supports multi-tenancy and
multi-site implementations. This release brings significant innovations in predictive and
prescriptive analytics and supports various languages such as Chinese, Japanese, Russian,
Spanish, German and Arabic. Rolta is now able to gain much wider access to the large SAP
customer base through its strategic OEM partnership. The Company is engaged in paid pilot
projects in various verticals in many regions, some of which are close to contract awards.

– Upstream: Rolta won a prestigious order from Cairn India for implementing
a sophisticated analytics solution with Rolta OneView(TM) to provide spatially-enabled
predictive analytics in real time to take preemptive action to minimize downtime of
production wells. Similarly, another premier O&G exploration and production company in
the Middle-East engaged Rolta to develop a solution for Composite Risk Management. The
Company continues to work with the client to enhance the scope of BI and analytics insights for decision support.
– Refining: One of the largest global refiners, a Fortune 500 company, selected
Rolta OneView(TM) for its ambitious program to implement an enterprise-class, scalable
solution to provide an integrated view of operations across all functional areas at
all of its refining units to improve reliability of operations. Rolta OneView(TM)
demonstrated its wide pre-built functionality and flexibility to meet the customer’s
specific needs for reduction in maintenance cost per asset and process quality improvements.
– Chemicals: An Oman petrochemical manufacturer selected Rolta to implement
Rolta OneView(TM) to provide an enterprise Manufacturing Intelligence Solution with
OT/IT integration. With high ROI realized quickly, the customer has awarded a sizable
add-on contract for extra functionality. Rolta is in the process of deploying Rolta
OneView(TM) for a major US company to enable them to get deeper insights into quality
processes and performance across their widely dispersed manufacturing plants. This would enable the customer to achieve cost and capacity optimization.
– Transport: Utah and Nevada Departments of Transportation (DOT) engaged Rolta
to develop and implement path-breaking solutions with a focus on exploiting Rolta
OneView(TM) features for BI/Analytics. These trend-setting implementations are
expected to set new geo-enabled BI/Analytics standards for State DOTs in the U.S. This
is a repeatable solution eminently suited to fulfill the needs of DOTs under the nationwide MAP 21 initiative.
– BFSI: Building upon its BI/Big Data and Data Science expertise, Rolta has
added several products to its portfolio for predictive analytics to address ‘Asset
Liability & Liquidity Management’, ‘Fraud & Crime Prevention’, and ‘Early Warning for Stressed Assets’ for the BFSI vertical.

About Rolta: Rolta is a leading provider of innovative IP-led IT solutions for many
vertical segments, including Federal and State Governments, Defense/HLS, Utilities, Oil &
Gas, Petrochemicals, Financial Services, Manufacturing, Retail, and Healthcare. Rolta is
recognized for its extensive portfolio of indigenous solutions based on field-proven Rolta
IP tailored for Indian Defense/HLS. By uniquely combining its expertise in the IT,
Engineering and Geospatial domains, Rolta develops exceptional IP-based Cloud-ready
solutions to enable its customers globally to readily exploit the power of BI, Big Data
Analytics, and IT-OT Fusion. Rolta is a multinational organization headquartered in India.
The Company operates from over 40 locations worldwide and has executed projects in more
than 45 countries. Rolta equity shares are listed on BSE and NSE in India, its GDRs are
listed on the Main Board of London Stock Exchange and its ‘Senior Notes’ are listed on Singapore Stock Exchange.

For additional information please visit [ ]

Media Contact
Hiranya Ashar
+91-22-2926 6666
International Ops and CFO
Member of the Board
Rolta India Ltd.


Rolta India Limited

Phoenix New Media Reports First Quarter 2015 Unaudited Financial Results

Phoenix New Media Reports First Quarter 2015 Unaudited Financial Results

1Q15 Mobile Advertising Revenues Up 135% YOY

Live Conference Call to be Held at 8:00 PM U.S. Eastern Time on May 13

BEIJING, May 13, 2015 /PRNewswire/ — Phoenix New Media Limited (NYSE: FENG), a leading new media company in China (“Phoenix New Media”, “ifeng” or the “Company”), today announced its unaudited financial results for the quarter ended March 31, 2015.

“The first quarter was marked by further strides in the evolution of our company as an integrated news and information gateway that continues to redefine how users find and consume information anywhere, anytime and on any Internet-enabled device,” stated Mr. Shuang Liu, CEO of Phoenix New Media. “Despite of the seasonal impact on advertising revenues associated with the late Chinese New Year, the temporary volatility due to the transition of the sales executive and our increased investments on mobile internet, we made solid operational progress which will pave the way for long-term user growth and business expansion. We are now seeing a powerful virtuous cycle emerge as it relates to our core competencies, namely content production capability, dedication to serious journalism and cutting-edge technology. We are confident that with these strong fundamentals, as well as the ongoing technical evolution of our business through synergy with Yidian, we are well positioned to capitalize on emerging opportunities across China’s expanding mobile Internet landscape.”

Mr. Ya Li, president of Phoenix New Media, stated, “In April, we completed our strategic investment in Yidian. Going forward, by combining Yidian’s proprietary technology, ifeng’s premium content, and Xiaomi’s strong distribution channels, we will further drive the expansion of our overall user base. With respect to the advertising sales, we are confident that the impact of the transition of the sales executive was temporarily, and it is expected to ramp up toward the second half of the year. To supplement this, we will be rolling out innovative marketing initiatives like personalized interest ads on Yidian, native ad campaigns and programmatic buying ads.

First Quarter 2015 Financial Results


Total revenues for the first quarter of 2015 increased by 2.2% to RMB365.1 million (US$58.9 million) from RMB357.1 million in the first quarter of 2014.

Net advertising revenues (net of advertising agency service fees) for the first quarter of 2015 increased by 14.2% to RMB268.4 million (US$43.3 million) from RMB234.9 million in the first quarter of 2014, primarily due to the robust growth of 135.2% year-over-year on mobile advertising revenues. Average revenue per advertiser (“ARPA”) increased by 13.4% to RMB1.1 million (US$0.2 million) and the total number of advertisers increased 0.8% to 255 in the first quarter of 2015.

Paid service revenues for the first quarter of 2015 decreased by 20.9% to RMB96.7 million (US$15.6 million) from RMB122.2 million in the first quarter of 2014. Mobile value-added services (“MVAS”)[1] revenues for the first quarter of 2015 decreased by 23.9% to RMB74.7 million (US$12.1 million) from RMB98.2 million in the first quarter of 2014, due to the fact that the Company has trimmed the digital reading and mobile video businesses through telecom operators’ platforms as a result of the change of revenue sharing scheme. Revenues from games and others[2] for the first quarter of 2015 decreased by 8.4% to RMB22.0 million (US$3.5 million) from RMB24.0 million in the first quarter of 2014, primarily due to the decrease in revenues generated from web-based games on the Company’s game platform, as well as the lower-than-expected revenues generated from mobile games.

[1] MVAS includes wireless
value-added services, or
WVAS, mobile video, mobile
digital reading, mobile
games and other paid
services through China’s
three telecom operators’

[2] Games and others
include web-based games,
content sales, and other
online and mobile paid
services through the
Company’s own platforms.

Cost of revenues for the first quarter of 2015 increased by 9.4% to RMB190.1 million (US$30.7 million) from RMB173.9 million in the first quarter of 2014, primarily due to an increase in content and operational costs. Content and operational costs for the first quarter of 2015 increased to RMB90.8 million (US$14.6 million) from RMB74.1 million in the first quarter of 2014, due to an increase in staff-related costs and advertisement-related content production costs. Sales taxes and surcharges for the first quarter of 2015 increased to RMB26.4 million (US$4.3 million) from RMB25.3 million in the first quarter of 2014. Revenue sharing fees to telecom operators and channel partners in the first quarter of 2015 decreased slightly to RMB51.5 million (US$8.3 million) from RMB53.7 million in the first quarter of 2014. Bandwidth costs in the first quarter of 2015 increased slightly to RMB21.5 million (US$3.5 million) from RMB20.8 million in the first quarter of 2014, primarily due to the increase in the Company’s mobile traffic. Share-based compensation included in cost of revenues was RMB5.0 million (US$0.8 million) in the first quarter of 2015, compared to RMB3.0 million in the first quarter of 2014. The year-over-year increase in share-based compensation was primarily due to the stock options newly granted in 2014.

Gross profit for the first quarter of 2015 was RMB175.0 million (US$28.2 million), compared to RMB183.3 million in the first quarter of 2014. Gross margin for the first quarter of 2015 was 47.9%, compared to 51.3% in the first quarter of 2014. Adjusted gross margin[3], which excludes share-based compensation, for the first quarter of 2015 was 49.3%, compared to 52.1% in the first quarter of 2014.

[3] An explanation of the Company’s
non-GAAP financial measures is
included in the section entitled
“Use of Non-GAAP Financial
Measures” below, and the related
reconciliations to GAAP financial
measures are presented in the
accompanying “Reconciliations of
Non-GAAP Results of Operation
Measures to the Nearest Comparable
GAAP Measures”.


Total operating expenses for the first quarter of 2015 increased by 19.8% to RMB168.0 million (US$27.1 million) from RMB140.2 million in the first quarter of 2014. The increase in operating expenses was primarily attributable to the increase in staff-related costs and expenses associated with the Company’s marketing and promotional initiatives. Share-based compensation included in operating expenses was RMB9.8 million (US$1.6 million) in the first quarter of 2015, compared to RMB7.9 million in the first quarter of 2014. The year-over-year increase in share-based compensation was primarily due to the stock options newly granted in 2014.

Excluding share-based compensation, adjusted income from operations for the first quarter of 2015 was RMB21.7 million (US$3.5 million), compared to RMB54.0 million in the first quarter of 2014. Income from operations for the first quarter of 2015 was RMB6.9 million (US$1.1 million), compared to RMB43.1 million in the first quarter of 2014.

Excluding share-based compensation, the adjusted operating margin for the first quarter of 2015 was 6.0%, compared to 15.1% in the first quarter of 2014, while operating margin for the first quarter of 2015 was 1.9% primarily due to the decrease in paid service revenues, the seasonal impact on advertising revenues associated with the late Chinese New Year, the transition of the sales executive and increase in staff-related costs.


Other income/(loss) reflects loss from equity investments, gain on disposition of subsidiaries and acquisition of equity investments, interest income, foreign currency exchange gain or loss and others, net. Loss from equity investments for the first quarter of 2015 increased to RMB20.0 million (US$3.2 million) from RMB1.5 million in the first quarter of 2014, primarily due to an increase in the equity pick up from the net loss of Yidian for the period. Gain on disposition of subsidiaries and acquisition of equity investments for the first quarter of 2015 was null, compared to RMB17.7 million in the first quarter of 2014. Interest income for the first quarter of 2015 was RMB8.8 million (US$1.4 million), compared to RMB12.0 million in the first quarter of 2014. Foreign currency exchange loss for the first quarter of 2015 was RMB1.9 million (US$0.3 million), compared to RMB6.9 million in the first quarter of 2014.


We have made a few investments during the year of 2014. These investments have created two new non-operating items as loss from equity investments and gain on disposition of subsidiaries and acquisition of equity investments on our statement of comprehensive income.

Adjusted net income attributable to Phoenix New Media Limited, which excludes those non-operating items and the share-based compensation, for the first quarter of 2015 was RMB23.6 million (US$3.8 million), compared to RMB56.9 million in the first quarter of 2014. Adjusted net margin for the first quarter of 2015 was 6.5%, compared to 15.9% in the first quarter of 2014. Adjusted net income per diluted ADS[4] in the first quarter of 2015 was RMB0.32 (US$0.05), compared to RMB0.73 in the first quarter of 2014.

Net loss attributable to Phoenix New Media Limited for the first quarter of 2015 was RMB11.2 million (US$1.8 million), compared to net income attributable to Phoenix New Media Limited of RMB62.2 million in the first quarter of 2014. The net loss attributable to Phoenix New Media Limited was mainly due to the non-operating items and share-based compensation. Net loss margin for the first quarter of 2015 was 3.1%, compared to net income margin of 17.4% in the first quarter of 2014.Net loss per diluted ADS in the first quarter of 2015 was RMB0.16 (US$0.03), compared to net income per diluted ADS of RMB0.80 in the first quarter of 2014.

As of March 31, 2015, the Company’s cash and cash equivalents, term deposits and short term investments and restricted cash were RMB1.27 billion (US$204.6 million). Immediately after closing of the additional investment in Yidian, the Company’s cash and cash equivalents, term deposits and short term investments and restricted cash were around RMB1.06 billion (US$171.0 million).

For the first quarter of 2015, the Company’s weighted average number of ADSs used in the computation of diluted net loss per ADS was 72,948,956. As of March 31, 2015, the Company had a total of 567,369,822 ordinary shares outstanding, or the equivalent of 70,921,228 ADSs.

[4] “ADS” means American
Depositary Share of the
Company. Each ADS
represents eight Class A
ordinary shares of the
Business Outlook

For the second quarter of 2015, the Company expects its total revenues to be between RMB412 million and RMB432 million. Net advertising revenues are expected to be between RMB322 million and RMB332 million. Paid service revenues are expected to be between RMB90 million and RMB100 million. These forecasts reflect the Company’s current and preliminary view on the market and operational conditions, which are subject to change.

Conference Call Information

The Company will hold a conference call at 8:00 p.m. U.S. Eastern Time on May 13, 2015 (May 14, 2015 at 8:00 a.m. Beijing / Hong Kong time) to discuss its first quarter 2015 unaudited financial results and operating performance.

To participate in the call, please dial the following numbers:

International: +6567239385

Mainland China: 4001200654

Hong Kong: +85230186776

United States: +18456750438

Conference ID: 37909386
A replay of the call will be available through May 20, 2015 by dialing the following numbers:

International: +61290034211

Mainland China: 4006322162

Hong Kong: +85230512780

United States: +16462543697

Conference ID: 37909386
A live and archived webcast of the conference call will also be available at the Company’s investor relations website at

Use of Non-GAAP Financial Measures

To supplement the consolidated financial statements presented in accordance with the United States Generally Accepted Accounting Principles (“GAAP”), Phoenix New Media Limited uses adjusted gross profit, adjusted gross margin, adjusted income from operations, adjusted operating margin, adjusted net income attributable to Phoenix New Media Limited, adjusted net margin and adjusted net income per diluted ADS, each of which is a non-GAAP financial measure. Adjusted gross profit is gross profit excluding share-based compensation. Adjusted gross margin is adjusted gross profit divided by total revenues. Adjusted income from operations is income from operations excluding share-based compensation. Adjusted operating margin is adjusted income from operations divided by total revenues. Adjusted net income attributable to Phoenix New Media Limited is net income/(loss) attributable to Phoenix New Media Limited excluding share-based compensation, gain on disposition of subsidiaries and acquisition of equity investments, and loss from equity investments. Adjusted net margin is adjusted net income attributable to Phoenix New Media Limited divided by total revenues. Adjusted net income per diluted ADS is adjusted net income attributable to Phoenix New Media Limited divided by weighted average number of diluted ADSs. The Company believes that separate analysis and exclusion of the non-cash impact of share-based compensation, gain on disposition of subsidiaries and acquisition of equity investments, and loss from equity investments add clarity to the constituent parts of its performance. The Company reviews adjusted net income together with net income/(loss) to obtain a better understanding of its operating performance. It uses these non-GAAP financial measures for planning, forecasting and measuring results against the forecast. The Company believes that using multiple measures to evaluate its business allows both management and investors to assess the Company’s performance against its competitors and ultimately monitor its capacity to generate returns for its investors. The Company also believes that non-GAAP financial measures are useful supplemental information for investors and analysts to assess its operating performance without the effect of non-cash share-based compensation, gain on disposition of subsidiaries and acquisition of equity investments, and loss from equity investments. Share-based compensation and loss from equity investments have been and will continue to be significant and recurring in its business. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company’s net income/(loss) for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similar titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measure in isolation from or as an alternative to the financial measure prepared in accordance with U.S. GAAP.

Exchange Rate

This announcement contains translations of certain RMB amounts into U.S. dollars (“USD”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB6.1990 to US$1.00, the noon buying rate in effect on March 31, 2015 in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred could be converted into USD or RMB, as the case may be, at any particular rate or at all. For analytical presentation, all percentages are calculated using the numbers presented in the financial statements contained in this earnings release.

About Phoenix New Media Limited

Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated platform across Internet, mobile and TV channels in China. Having originated from a leading global Chinese language TV network based in Hong Kong, Phoenix TV, the Company enables consumers to access professional news and other quality information and share user-generated content on the Internet and through their mobile devices. Phoenix New Media’s platform includes its channel, consisting of its website and web-based game platform, its video channel, comprised of its dedicated video vertical and mobile video services, and its mobile channel, including its mobile Internet website, mobile applications and mobile value-added services.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Phoenix New Media’s strategic and operational plans, contain forward-looking statements. Phoenix New Media may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Phoenix New Media’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the online and mobile advertising, online video and mobile paid service markets in China; the Company’s reliance on online advertising and MVAS for the majority of its total revenues; the Company’s expectations regarding demand for and market acceptance of its services; the Company’s expectations regarding the retention and strengthening of its relationships with advertisers, partners and customers; fluctuations in the Company’s quarterly operating results; the Company’s plans to enhance its user experience, infrastructure and service offerings; the Company’s reliance on mobile operators in China to provide most of its MVAS; changes by mobile operators in China to their policies for MVAS; competition in its industry in China; and relevant government policies and regulations relating to the Company. Further information regarding these and other risks is included in the Company’s filings with the SEC, including its registration statement on Form F-1, as amended, and its annual reports on Form 20-F. All information provided in this press release and in the attachments is as of the date of this press release, and Phoenix New Media does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries please contact:

Phoenix New Media Limited
Matthew Zhao

ICR, Inc.
In Beijing, China: Jeremy Peruski
In New York City: Katherine Knight
Tel: +1 (646) 277-1276

Phoenix New Media Limited

Condensed Consolidated Balance Sheets

(Amounts in thousands)

December 31, March 31, March 31,

2014 2015 2015
—- —- —-


Audited* Unaudited Unaudited


Current assets:

Cash and cash equivalents 1,285,847 683,455 110,252

Term deposits and short term investments 40,000 553,992 89,368

Restricted cash – 30,711 4,954

Accounts receivable, net 493,569 505,288 81,511

Amounts due from related parties 176,224 120,786 19,485

Prepayment and other current assets 42,703 49,220 7,941

Deferred tax assets 24,565 25,815 4,164

Telco Systems Wins 2015 SDN Excellence Award

Telco Systems Wins 2015 SDN Excellence Award

Company recognized for its innovative CloudMetro 100 SDN & Distributed-NFV virtualization platform

MANSFIELD, Massachusetts, May 13, 2015 /PRNewswire/ —

Telco Systems [ ], the leading provider of innovative SDN & NFV
[ ] and multi-service Carrier Ethernet
2.0 and MPLS edge solutions, today announced that the company has won the 2015 SDN
Excellence Award [ ] from SDN Zone [ ] .

(Logo: )

The SDN Excellence Award list is an annual recognition featuring companies that are
having a profound impact on the IT and Telecom industries and are leading the way in SDN architecture and applications.

Telco Systems received this award recognition for its CloudMetro 100 SDN/D-NFV virtualization platform. CloudMetro 100
[ ] enables telco operators and other communications service providers to build
orchestrated virtual environments and offer multiple network functions and services at the
network edge. By leveraging SDN and NFV technologies, CloudMetro 100 allows operators to
introduce new virtualized IT services rapidly and supply them with significantly lower delivery costs.

“This award recognition strengthens the value proposition of our CloudMetro platform
and overall product portfolio of SDN and NFV solutions,” said Moshe Shimon, Vice President
of Product Management and Marketing at Telco Systems. “The new virtualized services
enabled by CloudMetro represent for service providers important new revenue streams and
can be used as competitive differentiators that enable a service provider to enter new service markets and directly complete with cloud service providers.”

CloudMetro 100 is carrier-grade and supports the increasing capacity needs of service
providers with 10 gigabit-Ethernet (10GE) capabilities. The platform also supports the
latest transportation technologies, including Carrier Ethernet 2.0, IP/MPLS and OpenFlow along with NETCONF and YANG for network management.

CloudMetro 100 and many of the new virtualized service applications are included in the company’s recently published Telco Systems Product Guide 2015 [ ].

Telco Systems will be demonstrating CloudMetro 100
[ ] and TelcoApps VNFs at the L123 Layer123 SDN & Openflow APAC World Congress on May
26-28, Singapore, Booth #1. Visitors will also be able to hear Gal Ofel, Head of Software
Solutions Product Line Management at Telco Systems, speak on “The Next Step: Orchestrating
the Virtualized Telecom Network [ ]” as part
of the SDN + NFV: BUILDING THE FUTURE NETWORK session track, on Wednesday, May 27th at 17:10.

To schedule a meeting with Telco Systems at the L123 NFV World Congress, please click here [ ].

About Telco Systems

Telco Systems delivers an industry-leading portfolio of SDN/NFV, Carrier Ethernet and
MPLS-based demarcation, aggregation and edge solutions, enabling service providers to
create intelligent, service-assured, CE 2.0-compliant networks for mobile backhaul,
business services and cloud networking. Telco Systems’ end-to-end Ethernet and SDN/NFV
product portfolio delivers significant advantages to service providers, utilities and city
carriers competing in a rapidly evolving telecommunications market. Telco Systems is a wholly owned subsidiary of BATM Advanced Communications (LSE: BVC).

To learn more, visit Telco Systems at, or follow Telco Systems on Twitter [ ] and LinkedIn [ ].

Telco Systems Contact
Talia Rimon
Marketing Communications Manager
Telco Systems


Telco Systems

Explain Everything secures $2M Series A Financing led by Credo Ventures for expansion in K-12 education

Explain Everything secures $2M Series A Financing led by Credo Ventures for expansion in K-12 education

NEW YORK, May 13, 2015 /PRNewswire/ — Explain Everything, Inc. has secured $2 million in a Series A funding round led by Credo Ventures, a Prague-based venture capital firm, to meet demands in K-12 education for its interactive screencasting and whiteboard mobile platform in North America and international markets. New York-based New Europe Ventures, Warsaw-based RTAventures, and several private investors also joined the round.

Explain Everything(TM) enables teachers, students, and professionals to interact in dynamic and media-rich ways through powerful features like screen recording, animation, and annotation. As more K-12 and higher education institutions turn to 1:1 deployments, Explain Everything continues to be a leading provider for rich learning experiences, collaboration, and content creation. Over 2 million people have used Explain Everything to create instructional videos, present content in live settings, and support assessment, among many other uses. Annual download numbers for this $2.99 app increased by over 500% from 2012 to 2014, growth that continues in 2015.

“Mobile devices and tablets are transforming global education and Explain Everything is at the forefront. The strong traction that the company has generated along with the reception from students and teachers is a testament to the speed and scale of this transformation. We believe that Explain Everything holds great potential as it expands in the K-12 education system, especially across North America, Europe, and Australia,” said Jan Habermann, Partner at Credo Ventures.

“We’re seeing significant demand for our interactive screencasting whiteboard app in classrooms, schools, and beyond,” says Explain Everything CEO Bartosz Gonczarek. “We’re excited about the investment as it helps us meet the growing needs of new 1:1 schools and their users, and helps us satisfy perspectives and opportunities shared with us by OEMs and other business partners. Most of the features introduced since the first version have come from users. We look forward to continue helping people bring to life and share their creative ideas.”

David Malone, Deployment Architect for San Francisco Unified School District says, “Explain Everything adapts to a user’s needs and becomes a natural extension of his or her knowledge. There is almost no limitation to how students can demonstrate understanding with Explain Everything.”

Co-founded by Bartosz Gonczarek, Piotr Sliwinski, and Reshan Richards, the company consists of 35 talented people in New York, NY and Wroclaw, Poland. For more information please visit

Photo –

SOURCE Explain Everything, Inc.

Explain Everything, Inc.

CONTACT: Reshan Richards, 201-970-5295,

Web Site:

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