Category Archives: iletişim şirketi

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

TACA CONSTRUCTION BREAKS NEW GROUND IN THE EXPO 2016 ANTALYA

TACA CONSTRUCTION BREAKS NEW GROUND IN THE TURKISH CONSTRUCTION INDUSTRY:

VIEWING TERRACE OF THE EXPO 2016 ANTALYA TOWER TO STAND AT 120 METERS

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.

ABOUT TACA

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.

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.

http://photos.prnewswire.com/prnvar/20140716/127493

“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

REVENUES

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’
platforms.

[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 AND GROSS PROFIT

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”.

OPERATING EXPENSES AND INCOME FROM OPERATIONS

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)

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.

NET INCOME/(LOSS) ATTRIBUTABLE TO PHOENIX NEW MEDIA LIMITED

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
Company.
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 http://ir.ifeng.com

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 ifeng.com channel, consisting of its ifeng.com 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
Email: investorrelations@ifeng.com

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

Phoenix New Media Limited

Condensed Consolidated Balance Sheets

(Amounts in thousands)

December 31, March 31, March 31,

2014 2015 2015
—- —- —-

RMB RMB US$

Audited* Unaudited Unaudited

ASSETS

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

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.

https://photos.prnewswire.com/prnvar/20150512/215577

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 www.explaineverything.com.

Photo – http://photos.prnewswire.com/prnh/20150512/215577

SOURCE Explain Everything, Inc.

Photo:https://photos.prnewswire.com/prnh/20150512/215577
http://photoarchive.ap.org/
Explain Everything, Inc.

CONTACT: Reshan Richards, 201-970-5295, reshan@explaineverything.com

Web Site: http://www.explaineverything.com

Alcantara Champions Design And Fashion In Milan

Alcantara Champions Design And Fashion In Milan

MILAN, May 13, 2015 /PRNewswire/ — Alcantara, headquartered in the city of Milan, has enjoyed a strong presence at Expo Milano 2015 and Milan Design Week 2015.

http://photos.prnewswire.com/prnvar/20150504/213589LOGO

At Expo Milano 2015, “Alcantara, Technology of Dreams” is the theme for the company’s exhibition arranged with the Municipality of Milan’s Department of Culture, and the Palazzo Reale.

The annual Milan Design Week festival, called Fuorisalone, took place in April, but its positive impact on the city’s residents and visitors goes on for months with new enterprises such as the Alcantara Concept Store in Milan’s fashion district at Via Pietro Verri 8 at San Pietro all’Orto open to the public through September.

Alcantara’s exhibit at Expo Milano is located in the rooms of the former Prince of Milan’s apartment in the Royal Palace. The exhibit was developed by six designers who are leaders in areas of fashion, lighting, interior design and exhibition design. The designers were asked to interpret the concepts of beauty, flexibility, touch and feel, envelopment and transformability — all characteristics of the Alcantara stylistics.

“Sponsoring an exhibition that takes Alcantara into the Royal Palace, a place of immense historical and cultural significance, to interpret the close ties existing among technology, art, industry and innovation is gratifying for all of our Alcantara employees,” said Andrea Boragno, CEO and chairman of Alcantara.

The curators of the Expo Milano exhibit are Giulio Cappelini and Domitilla Dardi. Cappelini was recently selected by Time Magazine as one of the 10 global trendsetters in fashion and design. Darda has a Ph.D in the History of Architecture. Since 2010, she has served as the editor of Flash Art Design Magazine.

The Alcantara exhibit is available to the public through May 31, 2015.

The Alcantara Concept Store which opened during Milan Design Week, features the company’s Metamorphosis collection, including creations by stylist and designer Rebecca Moses who has designed hand bags and covers for iPhones and iPads, as well as other accessories.

The store also is featuring capsule collections by creative artists Alessandro dell’Acqua, MSGM, Giannico, Superduper Hats and Paula Cademartori. These designers were selected by Vogue Italia to create one-off pieces using Alcantara material. The Alcantara Concept store is open to the public until September 30, 2015.

Press kit: http://www.alcantara.com/en/press_area/index.do
User: press
Password: alcantara

For further information, please visit:
www.alcantara.com
twitter.com/alcantaraspa
facebook.com/alcantara.company
youtube.com/alcantaracompany

About Alcantara(®) material

Multiple souls, countless applications, unique sensations, sustainability and distinctive Italian style in a unique material: Alcantara. Beautiful, elegant, as soft as silk and versatile as wax, Alcantara is delicate, but only apparently. As certified by extensive laboratory testing, the material, in fact, is characterized by unrivalled strength and durability. This unprecedented combination of sensoriality, aesthetics and functionality makes Alcantara the preferred choice of all those who want to fully enjoy the products they use on a daily basis, with total respect for the environment. Alcantara has been certified Carbon Neutral since 2009.

Alcantara partners with top and high-end brands in various fields. Whether it is an outfit, a hand bag, a sofa, the seat of a car or a tablet cover, it turns everything it touches into something unique and unrepeatable. Alcantara has an impressive technological know-how that allows it to satisfy both technical and style-related needs. Thanks to its Applications Development Centre, Alcantara can develop colours and products upon request, following the most complex briefs. It is an extraordinary achievement, made possible by the continuous merge between Italian craftsmanship and cutting-edge innovation.

Alcantara S.p.A. – www.alcantara.com

Founded in 1972, Alcantara represents a prime example of Italian-produced quality. As registered trademark of Alcantara S.p.A. and result of a unique and proprietary technology, Alcantara(®) is a highly innovative material, offering an unrivalled combination of sensory, aesthetic and functional qualities. Thanks to its extraordinary versatility, Alcantara is the choice of leading brands in a number of application fields: fashion and accessories, automotive, interior design and home decor, consumer-electronics. These features, together with a serious and certified commitment in terms of sustainability, make Alcantara a true icon of contemporary lifestyle: the lifestyle of those who want to fully enjoy their everyday life, respecting the environment.

Since 2009 Alcantara is certified “Carbon Neutral”, having defined, reduced and offset all the CO(2) emissions derived from its activity. In 2011 the analysis was extended to the whole product lifecycle, including also use and disposal phases (“from cradle to grave”). To mark out the path of the company in such a field, every year Alcantara draws up and publishes its own Sustainability Report, certified by TUV SUD international authority and available also on the corporate website.

Headquartered in Milan, Alcantara production site and R&D department are located in Nera Montoro, in the heart of Umbria Region (Terni).

Logo – http://photos.prnewswire.com/prnh/20150504/213589LOGO

SOURCE Alcantara S.p.A.

Photo:http://photos.prnewswire.com/prnh/20150504/213589LOGO
http://photoarchive.ap.org/
Alcantara S.p.A.

CONTACT: Alcantara Company contact, Alcantara S.p.A., press@alcantara.com; Media Contacts for Alcantara: Jack Ferry or Merle Lueckens, AutoCom Associates, Phone: +1.248.647.8621, E-mail: jferry@usautocom.com or mlueckens@usautocom.com

Web Site: http://www.alcantara.com

TCS Recognized as a Top 100 Brand in the US by Brand Finance®

TCS Recognized as a Top 100 Brand in the US by Brand Finance®

Ranks in the Uppermost Tier of the IT Services Industry, in Tandem With its Global #4 Rank

NEW YORK and MUMBAI, India, May 13, 2015 /PRNewswire/ — Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, was ranked as the 57(th) leading brand in the US by Brand Finance® in its second annual Top 500 US Brands survey, which evaluates the financial value of a company’s brand name, intellectual assets and trademark, as compared to companies across industries. TCS was recognized as a top four IT Services brand in the US – the same as its global ranking – and has a AA+ score for its brand strength, the sector’s highest designation. Globally, TCS’ brand value grew 271% from US $2.3 billion in 2010 to US $8.7 billion in 2015, marking the fastest growth across the IT Services industry during the period.

http://photos.prnewswire.com/prnvar/20131002/LA90934LOGO-b

This study marks the first time that TCS has been ranked in the prestigious top 100 US brands list. Brand Finance integrates brand investment, brand equity and financial performance into its rigorous royalty relief research methodology. The approach works across all sectors, allowing brands to be benchmarked against each other and within their categories.

“It’s impressive how TCS has established itself as one of the fastest growing brands in the United States,” said Edgar Baum, Managing Director, Brand Finance, North America. “The TCS brand and its enterprise value have a direct correlation to how it’s addressing market needs within each industry it serves, and TCS is one of the rare businesses that has sustained the industry AA+ rating for three years in a row.”

TCS has a longstanding presence in North America, being one of the top ten recruiters of IT talent, with 19 facilities and innovation labs serving many of the region’s Fortune 500 companies. It invests heavily in the region, such as helping to train the next generation of STEM talent through its flagship goIT program, which has so far engaged 8,800 middle and high school students in 12 cities with a hands-on technology learning environment. It is also a founding partner and technology platform provider for advocacy organizations such as MillionWomenMentors and US2020, and the first ever STEM Mentorship Awards this July. Furthermore, TCS is the technology partner of the Chicago and Boston Marathons, and the first-ever premier partner with New York Road Runners, which includes title sponsorship of the TCS New York City Marathon and support of 50+ year-round races and youth fitness initiatives in the city’s five boroughs.

“Developing a valuable brand goes far beyond awareness; it’s about the deep opportunities and service we provide to our employees, clients and the communities in which we work and live,” added Surya Kant, President of North America, UK and Europe, TCS. “Our goal is to always be a step ahead, pushing ourselves and our clients to re-imagine their business operations in today’s digital economy. Brand Finance’s ranking of TCS as a Top 100 US brand is a testament to the success of this philosophy.”

About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model(TM), recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 319,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $15.5 billion for year ended March 31, 2015 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.

To stay up-to-date on TCS news in North America, follow @TCS_NA. For TCS global news, follow @TCS_News.

Subscribe to an RSS Feed of TCS Press Releases.

About Brand Finance
Brand Finance is the world’s leading brand valuation and strategy consultancy, with offices in over 15 countries. We provide clarity to marketers, brand owners and investors by quantifying the financial value of brands. Drawing on expertise in strategy, branding, market research, visual identity, finance, tax and intellectual property, Brand Finance helps clients make the right decisions to maximize brand and business value and bridges the gap between marketing and finance.

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SOURCE Tata Consultancy Services

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Tata Consultancy Services

CONTACT: TCS media, Global: Email: pradipta.bagchi@tcs.com, Phone: +91 22 6778 9999, or Europe / UK: Email: abhinav.kumar@tcs.com | ashish.babu@tcs.com, Phone: +32 2282 1927 | +44 078 418 92227, or India: Email: h.ramachandra@tcs.com | shamala.p@tcs.com, Phone: +91 22 6778 9078 | +91 22 6778 9081, or USA / Canada: Email: b.trounson@tcs.com, Phone: +1 646 313 4594, or Asia Pacific: Email: sean.davidson@tcs.com, Phone: +65 9139 3668, or Australia and New Zealand Email: alex.goldrick@tcs.com, Phone: +61 (2) 8456 2800, or Latin America, Email: irais.moyat@tcs.com, Phone: +5255 9157 8282

Web Site: http://www.tcs.com

Mindtree Named a Top 10 Outsourcing Service Provider in EMEA by ISG

Mindtree Named a Top 10 Outsourcing Service Provider in EMEA by ISG

BANGALORE and WARREN, New Jersey, May 13, 2015 /PRNewswire/ —

Mindtree [http://www.mindtree.com ], a global technology services company, today
announced it has been named a Top 10 Outsourcing Service Providers by Information Services
Group (ISG), a leading technology insights, market intelligence and advisory services company.

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Mindtree was among the leading providers in the Breakthrough 10 Sourcing Standouts
category for the EMEA region based on Annual Contract Value (ACV) won over the last 12
months, according to the ISG Outsourcing Index(TM). Now in its 50th consecutive quarter,
the ISG Outsourcing Index(TM) provides an independent quarterly review of the latest
sourcing industry data and trends for enterprises, service providers, analysts and the media.

Rostow Ravanan, Executive Director, Mindtree said: “Today, clients are transitioning
to digital and cloud-based services and our expertise in these core areas has made
Mindtree the preferred partner among clients globally. EMEA is a key region for us and we
have been investing in local talent, as well as expanding our presence here. We are seeing
opportunities in areas such as retail, banking and financial services, travel and hospitality which have helped us grow our client base in this region.”

Mindtree’s inclusion in the ISG Outsourcing Index(TM) is based on data the company submits to ISG each quarter.

“For more than a decade, the ISG Outsourcing Index(TM) has been the authoritative
source for marketplace intelligence related to outsourcing transaction structures and
terms, industry adoption, geographic prevalence and service provider performance,” said
Paul Reynolds, chief research officer of ISG. “Mindtree continues to establish itself as a
leading and growing player in the global market for technology services, based on its volume of business in relation to other industry providers.”

About Information Services Group

Information Services Group (ISG) (NASDAQ: III) is a leading technology insights,
market intelligence and advisory services company, serving more than 500 clients around
the world to help them achieve operational excellence. ISG supports private and public
sector organizations to transform and optimize their operational environments through
research, benchmarking, consulting and managed services, with a focus on information
technology, business process transformation, program management services and enterprise
resource planning. Clients look to ISG for unique insights and innovative solutions for
leveraging technology, the deepest data source in the industry, and more than five decades
of experience and global leadership in information and advisory services. Based in
Stamford, Conn., the company has more than 900 employees and operates in 21 countries. For additional information, visit http://www.isg-one.com.

About Mindtree

Mindtree [NSE: MINDTREE] delivers technology services and accelerates growth for
Global 1000 companies by solving complex business challenges with breakthrough technical
innovations. Mindtree specializes in e-commerce, mobility, cloud enablement, digital
transformation, business intelligence, data analytics, testing, infrastructure, EAI and
ERP solutions. We are among the fastest growing technology firms globally with more than 200 clients and offices in 14 countries. Visit us at http://www.mindtree.com.

For more information, contact:
Priyanka Waghre
Mindtree
+91 98867 29295
Priyanka.Waghre@mindtree.com

Siddhartha Tanti
Genesis Burson-Marsteller
+91 99863 62435
Siddhartha.Tanti@bm.com

Kiran Farooque
PPR Worldwide
+44 0 207 300 6181
Kiran.Farooque@pprww.com

Sarah Elder
Max Borges Agency
+1 415 548 6850
sarahelder@maxborgesagency.com

Will Thoretz
ISG
+1 203 517 3119
will.thoretz@isg-one.com

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Photo:http://photos.prnewswire.com/prnh/20140416/681203
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Mindtree

Sonata to Partner and Exhibit at etailcore Live

Sonata to Partner and Exhibit at etailcore Live

BENGALURU and NEW YORK, May 13, 2015 /PRNewswire/ —

Sonata Software, a global IT services and technology solutions company, announced
today that it will be participating as a partner and exhibitor at the etailcore Live event, to be held in New York, USA from 14th to 15th May this year.

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At the event, Sonata will feature its retail technology solutions, including ‘Brick
and Click’ Solution – its unified end-to-end Omni-channel platform, that has enabled large retail companies optimize their operations and provide seamless, consistent and
differentiated customer experience across channels. Other retail technology services that Sonata would showcase include e-Commerce, mobility and analytics.

This year, Sonata has intensified the focus on retail vertical to leverage its domain
expertise and talent pool, to build end-to-end solutions to mid-size retailers across the globe, resulting in reduced cost of ownership and faster implementations.

Speaking on the occasion, Hanumanth Tenneti, Head – e-Commerce at Sonata Software
said, “e-Commerce has swayed over the globe. Increasing retail firms are embracing the
e-Commerce marketplace to reach out to their customers. Sonata has some of the best
e-Commerce solutions that can provide retailers a competitive edge. This year, the
etailcore live event focuses on omnichannel and mobility for which Sonata has strong offerings making this a fitting event for Sonata to attend.”

etailcore event conducted in Europe and United States has provided a place for over
500 retail professionals from around the world to gather for latest trends, innovations
and finding right partners for their online businesses. It is one of the most important e-Commerce events being conducted.

About Sonata Software

Sonata Software is a global IT services firm focused on catalysing transformational IT
initiatives of its clients through deep domain knowledge, technology expertise and
customer commitment. The company delivers innovative new solutions for Travel, Retail and
Consumer Goods industries by integrating technologies such as Omni-channel commerce,
Mobility, Analytics, Cloud and ERP, to drive enhanced customer engagement, operations
efficiency and return on IT investments. A trusted long-term service provider to Fortune
100 companies across both the software product development and enterprise business
segments, Sonata seeks to add differentiated value to leadership who want to make an impact on their businesses, with IT.

For further information, please contact:
Anuj Kumar Saxena
Sonata Software Limited
A.P.S. Trust Building,
Bull Temple Road, N.R. Colony
Bangalore 560019, India
Tel: +91-80-67781999
anujkumar.s@sonata-software.com

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Sonata Software Limited

Maersk and Valspar Complete Waterborne Conversion at Southern China Facility

Maersk and Valspar Complete Waterborne Conversion at Southern China Facility

MINNEAPOLIS, May 13, 2015 /PRNewswire/ — After extensive line trials, Maersk Container Industry’s factory in Dongguan has begun full production of dry containers coated with Valspar Aquaguard(®), a zinc-free waterborne coating solution that provides industry-leading protection against corrosion. Maersk and Valspar began trial production in 2014 at this facility in southern China, one of the largest container manufacturing locations in the world with production of 220,000 twenty-foot equivalent units (TEU) dry containers annually.

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“Maersk is a global leader in container-industry sustainability, and converting to Valspar Aquaguard is another important step in its long-term sustainability goals,” said Paul McCrory, director of Global Container at Valspar. “Aquaguard provides Maersk the protective and environmental benefits of our superior waterborne technology while allowing the company to maintain production speed, high quality and cost effectiveness.”

Valspar has partnered with Maersk and other customers to implement waterborne solutions to meet global environmental requirements. Aquaguard is an innovative two-coat, 100 percent waterborne coating system that reduces VOCs by up to 94 percent, improves corrosion performance, and lowers emissions to reduce the overall environmental footprint. The combination of Aquaguard’s high-density chemical adhesion and anticorrosive properties provides superior corrosion protection compared to other standard solvent systems.

Aquaguard significantly outperforms standard solvent-based coatings in corrosion performance. On containers coated with Aquaguard, the onset of corrosion from container damage is reduced at least 60% compared to zinc-based coatings (based on 710-hour salt spray test results). This enables containers to stay in service longer with fewer repairs while also helping shipping lines with sustainability efforts.

With more than 60 years of experience with high-quality waterborne coatings, Valspar is a pioneer in developing waterborne technology. Its cost-competitive solutions help companies meet air-quality goals across industries that demand rugged performance, including transportation, agricultural and construction equipment, structural steel and wood.

For more information about Valspar Aquaguard, please visit www.valsparaquaguard.com.

Valspar: If it matters, we’re on it.®
Valspar is a global leader in the coatings industry providing customers with innovative, high-quality products and value-added services. Our 10,500 employees worldwide deliver advanced coatings solutions with best-in-class appearance, performance, protection and sustainability to customers in more than 100 countries. Valspar offers a broad range of superior coatings products for the consumer market, and highly-engineered solutions for the construction, industrial, packaging and transportation markets. Founded in 1806, Valspar is headquartered in Minneapolis. Valspar’s reported net sales in fiscal 2014 were $4.5 billion and its shares are traded on the New York Stock Exchange (symbol:VAL). For more information, visit www.valspar.com and follow @valsparCo on Twitter.

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SOURCE Valspar

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http://photoarchive.ap.org/
Valspar

CONTACT: Kevin Olson, kevin.olson@valspar.com, +1 612-375-7374

Web Site: http://www.valspar.com

Bird-deterring drones and game consoles inspire the future of flight

Bird-deterring drones and game consoles inspire the future of flight

TOULOUSE, France, May 13, 2015 /PRNewswire/ —

Student ideas in final race for EUR30,000 Airbus biennial Fly Your Ideas competition prize

A wing-skin that harvests natural vibrations to power in-flight systems, drones that
lead birds to a safe haven “birdport”, and a games console-inspired infra-red system that
detects potential obstacles when taxiing, are among the ideas from university students
shortlisted by Airbus in its Fly Your Ideas contest, with the five finalists now vying for the EUR30,000 jackpot.

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These pioneering ideas have already seen off competition from over 500 entries in
Airbus’ biennial global student challenge. Airbus created Fly Your Ideas, in partnership
with UNESCO, to inspire the next generation of innovators by giving them the chance to experience the exciting environment that the aviation industry has to offer.

Diversity is a key driver of innovation and performance and this year’s finalists
represent the most diverse line-up in the competition’s history, comprising of eight
nationalities from nine universities, with a mix of engineering and non-engineering backgrounds and a higher percentage of female students than ever before.

Responding to key issues in aviation, the ideas had to cover one of six challenges
identified by Airbus to provide sustainable future solutions where growth, efficiency and people will be at the heart of a thriving aviation industry.

The five finalist teams [http://www.airbus-fyi.com/article/559 ] – from Brazil, China,
Japan, the Netherlands and the United Kingdom – now travel to Hamburg, Germany, to make
their case for the top prize to Airbus and industry experts on 27th May; the runners-up will share EUR15,000.

In contention are:

‘Good vibrations’ energy-harvesting skin – Team ‘MULTIFUN’, Delft University of Technology, Netherlands

MULTIFUN is all about good vibrations. The team’s idea sees plane wings dressed in a
composite skin that harvests energy from natural vibrations or flex in the wings.
Piezoelectric fibres gather electrical charges from even the smallest movements during
flight, storing the energy generated in battery panels integrated in the fuselage and
using it to power auxiliary in-flight systems, such as lighting and entertainment systems.
This reduces the energy footprint of aircraft during flight and could even replace the entire power source for ground operations.

Drone-guided ‘birdport’- Team ‘BIRDPORT’, The University of Tokyo, Japan

BIRDPORT proposes deploying a flock of drones or UAVs (unmanned aerial vehicles) to
guide birds from airports to a comfortable habitat nearby. The drones use tactics of
separation, alignment and cohesion to manipulate flocks and divert them to Birdport, where
birdsong and decoys are used to create a natural and safe habitat for birds in the area.
The idea is designed to reduce bird strikes to aircraft significantly and to enhance aircraft availability.

Game console-inspired infra-red guidance system – Team AFT-BURNER-REVERSER, Northwestern Polytechnical University, China

AFT-BURNER-REVERSER has applied motion-sensing technology from a games console to an
aircraft guidance system for use when taxiing. The model uses infra-red and visual
information to warn the pilot and ground crew of high-risk obstacles. This is designed to
reduce the turnaround time of aircraft between flights and the cost of damage, saving airlines millions per year.

Faster trolley trash – Team RETROLLEY, University of Sao Paulo, Brazil

RETROLLEY has tackled the issue of reducing waste in-flight and cutting down the time
taken to collect and sort rubbish post-flight, speeding up airline operations particularly
on short-haul carriers. The team’s bespoke trolley is designed to intelligently sort
rubbish and recycling by minimising the volume of foils, paper and plastic and collecting
residual fluid. In doing so, the weight of galley equipment can be reduced by up to 30kg reducing fuel consumption and offering more space in-flight for refreshments.

Wireless and greener ground operations – Team BOLLEBOOS, City University London, UK

BOLLEBOOS has put forward its pioneering WEGO system that picks up energy during
taxiing. Transmitter sections on the ground, located just underneath the aircraft in the tarmac, transfer electrical power inductively to a receiver placed between the
nose-wheels. This provides a sustainable energy source to power ground operations, reducing carbon emissions by half.

Charles Champion, Airbus Executive Vice President Engineering, says: “I congratulate
the five teams for reaching the final of our Fly Your Ideas challenge. The competition as
always has been incredibly tough and they can all be very proud to have got this far. What
their ideas show us is that the next generation can bring fresh thinking to our industry
and help shape the future of flight. That’s what Airbus Fly Your Ideas is all about.”

Flavia Schlegel, Assistant Director-General of the Natural Sciences Sector, UNESCO,
says: “We are proud to partner with Airbus on Fly Your Ideas. With diversity key to
driving innovation, the competition gives students, both male and female, from all
different backgrounds and based all over the world, the opportunity to offer their
individual expertise and to experience the future of the aviation industry. We wish all the finalists good luck in the final round of the competition.”

The winning team will be announced at a ceremony in Hamburg on 27 May.

Fly Your Ideas is part of The Future by Airbus, the aircraft manufacturer’s vision of sustainable air travel in 2050.

More photos & videos: http://www.airbus.com/presscentre

For more details and to view videos of the finalists’ reactions on hearing of their success, visit http://www.airbus-fyi.com

Notes to Editors

Airbus Fly Your Ideas is a biennial global competition, organized in partnership with
UNESCO, which challenges students to innovate for the future of aviation. Taking part is a
unique opportunity for students to put their classroom learning and research to the test,
by working with a team of Airbus professionals on the real-world challenges facing the
aviation industry. It offers students a chance to apply their creativity in an exceptional
learning environment that will equip them in a highly competitive job market. Students can
chose from six subjects: Efficiency, Passenger Experience, Energy, Affordable Growth, Traffic Growth, Community Friendliness.

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Photo:http://photos.prnewswire.com/prnh/20150511/743521-a
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Photo:http://photos.prnewswire.com/prnh/20150511/743521-b
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Airbus

CONTACT: Contacts for the media: Sara Ricci +33-562117613

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