Tullett Prebon Voted Overall Number One Broker in Power in the 2012 Risk & Energy Risk Commodity Rankings Feb 10, 2012 05:32AM

LONDON, UNITED KINGDOM and NEW YORK, NEW YORK and SINGAPORE, SINGAPORE -- (MARKET WIRE) -- 02/10/12 -- Tullett Prebon, one of the world's leading inter-dealer brokers (IDB), has been voted the overall number one broker in power for the fourth consecutive year by Risk and Energy Risk in its 18th Annual Energy & Commodity Rankings 2012.

Tullett Prebon has significantly increased the number of power categories it leads to 16, up from nine category wins last year.

Tullett Prebon's individual category wins in the 2012 rankings are Overall Power, Europe products Jet fuel, PSV (Italy), Central US, Western US-Electricity, UK, Germany, France, Italy, Nordpool, Netherlands, Belgium, Spain, Gold forwards, Platinum & Palladium spot and Platinum and Palladium years.

The voting process involved more than 2,000 banks, brokers, end users and traders worldwide nominating their top three commodity dealers in order of preference.

Andrew Polydor, Global Head of Energy and Commodities at Tullett Prebon, commented:

"I am extremely pleased that Tullett Prebon has yet again been voted the top power broker in Risk's Energy & Commodity Rankings. Our dominant position across a significantly enhanced number of categories is an acknowledgment of our success in growing our energy business (globally), increasing the breadth of our client-offering, as well as our first-class service and high quality, innovative products."

About Tullett Prebon

Tullett Prebon (www.tullettprebon.com) is one of the world's largest inter-dealer brokers and operates as an intermediary in wholesale financial markets facilitating the trading activities of its clients, in particular commercial and investment banks. The business now covers seven major product groups: Rates, Volatility, Treasury, Non Banking, Energy & Commodities, Credit and Equities. Tullett Prebon Electronic Broking offers electronic solutions to these products.

In addition to its brokerage services, Tullett Prebon offers a variety of market information services through its IDB Market Data division, Tullett Prebon Information.

Tullett Prebon has its principal offices in London, New Jersey, Hong Kong, Singapore and Tokyo, with other offices, joint ventures and affiliates in Bangkok, Frankfurt, Houston (Texas), Jakarta, Luxembourg, Manama (Bahrain), Manila, Mumbai, New York, Paris, San Paulo, Seoul, Shanghai, Sydney, Toronto, Warsaw and Zurich.

Contacts:
M:Communications
Charlotte Kirkham
Media
+44 (0)20 7920 2331
kirkham@mcomgroup.com

Source: Tullett Prebon


Tullett Prebon Voted Overall Number One Broker in Power in the 2012 Risk & Energy Risk Commodity Rankings Feb 10, 2012 05:32AM

LONDON, UNITED KINGDOM and NEW YORK, NEW YORK and SINGAPORE, SINGAPORE--(Marketwire - Feb. 10, 2012) - Tullett Prebon, one of the world's leading inter-dealer brokers (IDB), has been voted the overall number one broker in power for the fourth consecutive year by Risk and Energy Risk in its 18th Annual Energy & Commodity Rankings 2012.

Tullett Prebon has significantly increased the number of power categories it leads to 16, up from nine category wins last year.

Tullett Prebon's individual category wins in the 2012 rankings are Overall Power, Europe products Jet fuel, PSV (Italy), Central US, Western US-Electricity, UK, Germany, France, Italy, Nordpool, Netherlands, Belgium, Spain, Gold forwards, Platinum & Palladium spot and Platinum and Palladium years.

The voting process involved more than 2,000 banks, brokers, end users and traders worldwide nominating their top three commodity dealers in order of preference.

Andrew Polydor, Global Head of Energy and Commodities at Tullett Prebon, commented:

"I am extremely pleased that Tullett Prebon has yet again been voted the top power broker in Risk's Energy & Commodity Rankings. Our dominant position across a significantly enhanced number of categories is an acknowledgment of our success in growing our energy business (globally), increasing the breadth of our client-offering, as well as our first-class service and high quality, innovative products."

About Tullett Prebon

Tullett Prebon (www.tullettprebon.com) is one of the world's largest inter-dealer brokers and operates as an intermediary in wholesale financial markets facilitating the trading activities of its clients, in particular commercial and investment banks. The business now covers seven major product groups: Rates, Volatility, Treasury, Non Banking, Energy & Commodities, Credit and Equities. Tullett Prebon Electronic Broking offers electronic solutions to these products.

In addition to its brokerage services, Tullett Prebon offers a variety of market information services through its IDB Market Data division, Tullett Prebon Information.

Tullett Prebon has its principal offices in London, New Jersey, Hong Kong, Singapore and Tokyo, with other offices, joint ventures and affiliates in Bangkok, Frankfurt, Houston (Texas), Jakarta, Luxembourg, Manama (Bahrain), Manila, Mumbai, New York, Paris, San Paulo, Seoul, Shanghai, Sydney, Toronto, Warsaw and Zurich.

FOR FURTHER INFORMATION PLEASE CONTACT:
        M:Communications
        Charlotte Kirkham
        Media
        +44 (0)20 7920 2331
        kirkham@mcomgroup.com

Source: Tullett Prebon


Former Deloitte Global CEO James Quigley Appointed to the IFRS Foundation Feb 10, 2012 05:30AM

NEW YORK, Feb. 10, 2012 /PRNewswire/ -- James H. Quigley, Global CEO of Deloitte Touche Tohmatsu Limited (DTTL) between 2007 and 2011, has been appointed a Trustee of the International Financial Reporting Standards (IFRS) Foundation, the oversight body of the International Accounting Standards Board (IASB).  The appointment begins immediately and will expire on 31 December 2014. The term is renewable once.

The IFRS Foundation, through the IASB, is committed to developing, in the public interest, a single set of high-quality, global accounting standards that require transparent and comparable information in general purpose financial statements. The Trustees of the IFRS Foundation promote the work of the IASB and the rigorous application of IFRS.

Commenting on his appointment, Quigley said, "I am honored to be invited to serve as an IFRS Foundation Trustee. The support for International Financial Reporting Standards depends in part on the rigorous due process applied in their development, and the Trustees play a significant role in ensuring that the IASB's due process is applied diligently.

"I look forward to working with Michel Prada and my fellow Trustees in what I expect will be a challenging period for the organization. I share the hope of many that the United States and Japan advance the incorporation of IFRS into their respective financial reporting requirements."

Barry Salzberg, Global CEO of DTTL, added, "Jim's appointment to the IFRS Foundation is testament to his passion for high-quality financial reporting and his long record of service at the highest levels of international business. Jim has a unique appreciation of the global business environment, having served in several senior leadership roles at Deloitte and seen the issues first-hand in a variety of jurisdictions. I believe that this appointment reflects the eminence that the Deloitte network has achieved in the world of IFRS."

Throughout his 37-year career with the Deloitte organization, Quigley has held numerous leadership positions and built a distinguished track record of service to many multinational clients. Currently, he is a senior partner at Deloitte LLP in the United States and an important contributor to theory, research, and practice in the field of leadership and leadership development. In his current role, Quigley is committed to helping advance the mission of the Deloitte Center for Strategic Leadership (DCSL): to understand, define, and advance the knowledge and standard of collective leadership in both private and public sectors.

Quigley is also the co-author of As One: Individual Action, Collective Power (2011), a best-selling book that addresses the leadership challenge of creating environments that inspire large groups to work together toward a common goal.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte's approximately 182,000 professionals are committed to becoming the standard of excellence.

SOURCE Deloitte Touche Tohmatsu Limited


GigaMedia: Turnaround Making Progress Feb 10, 2012 05:30AM

TAIPEI, Taiwan, Feb. 10, 2012 /PRNewswire-Asia/ -- GigaMedia Limited (NASDAQ: GIGM) ("GigaMedia") announced today initial progress in new management's plans to build a new Giga and drive shareholder value.

The company's turnaround plans, driven by Chief Executive Officer John Stringer, are based on an explicit decision-making framework with clear objectives: effectively managing cash, maintaining the company's listing on NASDAQ, and executing a new strategic growth plan.

Teams across new Giga are taking immediate, decisive and consistent action against this framework, transforming the business.

As part of efforts to better manage cash, steps to improve focus and establish new KPIs are underway, all of which is expected to produce cost synergies and enhanced efficiencies. The company is currently merging its Hong Kong offices. The project is expected to be completed this month; GigaMedia headquarters will remain in Taipei, Taiwan. New management is also reassessing the roles of the company's business units.

The company also announced today that without execution of a reverse stock split it has regained compliance with NASDAQ's minimum bid price listing requirements. This represents further progress in achieving new management's major objectives and turning around the company; it also underscores new management's confidence in the value of new Giga.

Additional details on new management's turnaround plans will be provided going forward, including on GigaMedia's fourth-quarter conference call, anticipated in the second half of March.

About GigaMedia

GigaMedia Limited (Singapore registration number: 199905474H) is a major provider of online entertainment software and services. Through its subsidiaries, GigaMedia develops and operates a suite of online games in Asia, covering all regions of Greater China and Southeast Asia. More information on GigaMedia can be obtained from www.gigamedia.com.

The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in June 2011.

For further information contact:Brad Miller, Investor Relations DirectorTel: +886-2-2656-8016Brad.Miller@GigaMedia.com

SOURCE GigaMedia Limited


Judicial Watch, Victory Film Group Announce New Feature Film Exposing DC Corruption Feb 10, 2012 05:30AM

WASHINGTON, DC -- (MARKET WIRE) -- 02/10/12 -- Judicial Watch, a nonpartisan organization that investigates and fights government corruption, announced today that Victory Film Group, producers of the Sarah Palin film "The Undefeated," will unveil a trailer at the Conservative Political Action Conference (CPAC) for its upcoming feature film spotlighting the untold story of Judicial Watch's epic battle against the bipartisan corruption of the permanent political class and the Obama administration. The trailer release will take place during CPAC's Ronald Reagan Banquet, which is sponsored by Judicial Watch, on Friday, February 10, at 7:30 p.m. in the Marriott Ballroom, Marriott Wardman Park, Washington, DC.

Written and directed by award-winning filmmaker Stephen K. Bannon and produced in association with Constant Motion Entertainment, the Judicial Watch film will be released in the summer of 2012. The film will chronicle Judicial Watch's heroic battles to clean up government corruption in Washington, DC, focusing most comprehensively on its efforts to counter the unprecedented corruption and secrecy of the permanent political class and, currently, the Obama Administration. The film will comprehensively expose the Beltway's current scandals, including: "Fast and Furious"; Solyndra and "Green Energy"; federal bailouts and earmarks; the New Black Panthers; ACORN and voter fraud; stealth amnesty; threats to the integrity of the 2012 elections; and new attacks on government transparency and accountability.

The film is a companion piece to the upcoming book, "The Corruption Chronicles, Obama's Big Secrecy, Big Corruption, and Big Government," by Judicial Watch President Tom Fitton. The Judicial Watch book is scheduled for release in July 2012, from Simon & Schuster's Threshold Editions.

"For too long our nation has suffered through a massive expansion of government power and corruption, the likes of which we haven't seen in generations," said Judicial Watch President Tom Fitton. "The American people are tired of Washington corruption -- that's why Judicial Watch is the largest grassroots watchdog group in the nation. Our new partnership with Stephen Bannon, the nation's preeminent conservative filmmaker, will educate the American people by giving them the unvarnished truth about Obama's corrupt machine and the longstanding problem of bipartisan corruption in Washington, DC."

"In the long-running battle to save our country from big government corruption and cronyism that now threatens its very foundations, Judicial Watch is the tip of the spear," said Stephen K. Bannon. "This film will not pull a single punch. We will be brutally honest. And we will name names -- from both political parties. But we will also provide a reason to hope."

"For nearly two decades a small band of patriots has battled government secrecy and scandal in Washington, DC, through three presidential administrations. Judicial Watch has fascinating story to tell and Steve Bannon is the right man to tell it," said Constant Motion Entertainment CEO Brandon Millett.

Judicial Watch has filed approximately 800 Freedom of Information Act (FOIA) requests and more than 60 lawsuits against the Obama administration on issues ranging from Obamacare to continued funding of the criminal ACORN network; from tracking Wall Street bailout money to the unconstitutional use of czars; and the attempted corruption of the 2010 and 2012 elections by senior Obama administration officials. This follows historic lawsuits against the Bush administration over secrecy issues, one of which ended up before the Supreme Court of the United States.

Stephen K. Bannon is the award-winning filmmaker behind critically acclaimed documentaries and feature films such as: "In The Face of Evil," "Still Point in a Turning World," and The Tea Party Trilogy: "Generation Zero," "Fire From the Heartland," and "Battle for America." Mr. Bannon is a former Naval Officer and Goldman Sachs investment banker, a co-founder of the National Tea Party Federation, and is a frequent speaker at Tea Party conventions and conferences. He is also host of The Victory Sessions (www.thevictorysessions.com), the top-rated weekend radio program on KABC in Los Angeles.

About Judicial Watch (www.judicialwatch.org): Judicial Watch Inc. is a conservative, nonpartisan educational foundation that promotes transparency, accountability and integrity in government, politics and the law. Through its educational endeavors Judicial Watch advocates high standards of ethics and morality in our nation's public life and seeks to ensure that political and judicial officials do not abuse the powers entrusted to them by the American people. Judicial Watch fulfills its educational mission through litigation, investigations, and public outreach. The motto of Judicial Watch is "Because no one is above the law!"

About Victory Film Group (www.victoryfilmgroup.com): Victory Film Group, via its subsidiary Victory Films, develops, produces and distributes documentaries and films that address today's leading political, socioeconomic and cultural issues while incorporating the conservative perspective. Victory and its founders have written, directed and released five films which are considered amongst critics to be one of the best conservative-themed collections in film history.

About Constant Motion Entertainment (www.constantmotioninc.com): Constant Motion Entertainment (CME) is a full-service award-winning entertainment company specializing in film and television production, special events and publishing.

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Contact:
Jill Farrell
202-646-5188

Source: Judicial Watch


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