Press Releases

SMILE FC System Corporation to accelerate deployment of fuel cells for next generation of eco cars

LOUGHBOROUGH, England--(BUSINESS WIRE)-- Intelligent Energy, the global clean power systems company, and the Suzuki Motor Corporation, have today announced the creation of a joint venture company called SMILE FC System Corporation, to develop and manufacture air-cooled fuel cell systems for a range of industry sectors. The joint venture also includes a non-exclusive license agreement that gives Suzuki access to Intelligent Energy’s class-leading fuel cell technology for its next generation of environmentally friendly fuel cell vehicles.

Under the terms of the contract, both companies will take a 50 percent stake in the joint venture. SMILE FC System Corporation will be led by Mr. Osamu Honda, Executive Vice President and representative director for Suzuki Motor Corporation, who will become President of the JV. SMILE FC System Corporation will be headquartered in Hamamatsu City, Shizuoka, with operations initially based in Yokohama.

“Suzuki Motor Corporation has been developing fuel cell vehicles with Intelligent Energy since 2006, and this successful relationship has led to the formation of SMILE FC System Corporation,” explained Mr. Honda. “I believe that we can accelerate the commercialisation of fuel cell vehicles through this joint venture with Intelligent Energy.”

The agreement represents good value for both parties, enabling Suzuki cost-effective access to Intelligent Energy’s advanced fuel cell technology through partnering and licensing, thereby avoiding the higher costs associated with in-house development. Intelligent Energy will benefit from Suzuki’s production expertise and the emerging Japanese supply chain to jointly develop the next generation of automotive standard air-cooled fuel cell systems.

Phil Caldwell, newly appointed Board Member of SMILE FC System Corporation and Business Development Director at Intelligent Energy commented, “This joint venture is the latest exciting development in the successful relationship between Intelligent Energy and Suzuki, which has previously resulted in the Crosscage motorcycle and the Suzuki Burgman Fuel Cell Scooter. It is a big step towards the mass production of automotive fuel cell systems.” Equipped with Intelligent Energy’s air-cooled fuel cells, the Crosscage and Burgman motorcycles were exhibited at the 2007 and 2009 Tokyo Motor Show, and in 2011, the Fuel Cell Burgman Scooter became the world’s first fuel cell vehicle to achieve European Union Whole Vehicle Type Approval (WVTA).

“Combining Intelligent Energy’s market-leading fuel cell system technology with Suzuki’s mass production capabilities and supply chain excellence will accelerate the deployment, long term scalability and applicability of fuel cells for the next generation of eco cars, and other market segments,” explained Dr Henri Winand, Chief Executive, Intelligent Energy. “This non-exclusive agreement with the Suzuki Motor Corporation also provides further validation of our ‘design once, deploy many times’ proprietary technology and mutually beneficial partnering business model.”

About SMILE FC System Corporation

SMILE FC System Corporation Board:

• Osamu Honda, President and Representative Director (and Executive Vice President and Representative Director of Suzuki Motor Corporation);
• Masataka Yamakawa, Vice President and Representative Director (and Representative Director, IE Japan Ltd);
• Ichizo Aoyama, Board Member (and Managing Director and Executive Director at Suzuki Motor Corporation);
• Phil Caldwell, Board Member (and Business Development Director at Intelligent Energy Ltd);
• Kunio Nakamura, Auditor (and Auditor at Suzuki Motor Corporation).

The ratio of capital contribution to SMILE FC System Corporation is as follows: SMC (50%), IEHP (50%).

The SMILE FC System Corporation HQ is located at 300, Takatsuka-cho, Minami-ku, Hamamatsu-city, Shizuoka. The place of business for the corporation is 2-1, Sakuranamiki, tuduki-ku, Yokohama-city, Kanagawa.

About Intelligent Energy

Intelligent Energy is a leading clean power systems company with a globally scalable business, operating in the motive, stationary power and consumer electronics sectors. Our proprietary fuel cell technologies are designed for the mass market products of some of the world’s leading companies. Intelligent Energy continues to accelerate the commercial introduction of its technologies into very large and growing markets based on sound yet cost effective operations and partnerships. Intelligent Energy’s successes include building the world’s first purpose built fuel cell motorbike, and with partner Suzuki, the first ever fuel cell vehicle to achieve European Union type approval. The company also supplied the system to Boeing which powered the world’s first manned fuel cell aircraft.

In addition to visiting Intelligent Energy, more information is available via Twitter, Youtube, Flickr and LinkedIn.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50158527&lang=en

AxiCom PR for Intelligent EnergyJames Kennedyjames.kennedy@axicom.com+44 020 8392 4091

Source: Intelligent Energy

MUMBAI, India--(BUSINESS WIRE)-- eClerx, a specialist Knowledge and Business Process Outsourcing (KPO/BPO) company providing operational support, data management and analytics solutions to nearly 50 Global Fortune 1000 clients, has won the 2011’s Indian Most Admired Knowledge Enterprises (MAKE) award for creating a learning organization.

Selected by a panel of 1,000 India-based Fortune 500 senior executives and internationally recognized knowledge management / intellectual capital experts, organizations were assessed by the MAKE framework across eight key knowledge performance dimensions that are visible drivers of competitive advantage and intellectual capital growth:

• Creating a corporate knowledge-driven enterprise culture
• Developing knowledge workers through senior management leadership
• Delivering knowledge-based products/solutions
• Maximizing enterprise intellectual capital
• Creating an environment for collaborative knowledge sharing
• Creating a learning organization
• Delivering value based on customer/stakeholder knowledge
• Transforming enterprise knowledge into shareholder/stakeholder value

Commenting on winning the award, PD Mundhra, co-founder and executive director of eClerx said, “We are delighted that our hard work and continued focus on knowledge management has been recognized in the global knowledge community. This award is a great validation of the commitment and investment in our talent and processes to drive cutting edge solutions for our clients.”

About the Indian Most Admired Knowledge Enterprises (MAKE) Awards

Presented by Teleos, an independent knowledge management and intellectual capital research firm, and the KNOW Network, a global web-based professional knowledge sharing network, the Indian MAKE Award recognizes Indian organizations that demonstrate visible drivers of competitive advantage and intellectual capital growth.

About eClerx:

eClerx is a specialist Knowledge and Business Process Outsourcing (“KPO” / “BPO”) company providing operational support, data management and analytics solutions to almost 50 Global Fortune 1000 clients including many of the world’s leading High Tech and Industrial Manufacturing, Financial Services, Online Retail and Distributors, Interactive Media & Entertainment, Travel and Leisure, and Software Vendor companies. Incorporated in 2000, eClerx is India’s first and only publicly listed KPO company and is today traded on both the Bombay and National Stock Exchanges of India. eClerx employs nearly 4,500 employees across its five Indian delivery centers offices in Mumbai and Pune plus our global client interfacing locations in New York, London, Singapore, Silicon Valley, Austin, Chicago, Dublin and Dalian (China).

Gutenberg CommunicationsRenita D’Souza, +912226055745renita@gutenbergpr.com

Source: eClerx

BEIJING--(BUSINESS WIRE)-- SouFun Holdings Limited (NYSE: SFUN, “SouFun”), the leading real estate and home furnishing Internet portal in China, will report its unaudited fourth quarter and full year 2011 results before the U.S. markets open on Wednesday, February 15, 2012.

SouFun’s management team will host a conference call on February 15, 2012 at 7 a.m. U.S. Eastern Time (8 p.m. Beijing/Hong Kong time).

The dial-in details for the live conference call are:

US: +1 718 354 1231/ 1 866 519 4004International: +65 6723 9381Hong Kong: +852 2475 0994 /800 930 346Mainland China: 800 819 0121 / 400 620 8038Passcode: SFUN

Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available after the conclusion of the conference call at 11:00 a.m. U.S. Eastern Time on February 15 through February 22, 2012. The dial-in details for the telephone replay are:

A live and archived webcast of the conference call will be available on SouFun’s website at http://ir.soufun.com.

About SouFun

SouFun operates the leading real estate Internet portal and home furnishing and improvement website in China in terms of the number of page views and visitors to its website in 2011. SouFun has built a large and active community of users who are attracted by the comprehensive real estate and home furnishing and improvement content available on its portal that forms the foundation of its service offerings. SouFun currently maintains 103 offices to focus on local market needs and its website and database contains real estate-related content coverage of 314 cities in China. For more information about SouFun, please visit http://ir.soufun.com.

SouFun Holdings LimitedJill Jiao, +86 (10) 5930 6600ir@soufun.com

Source: SouFun Holdings Limited

Tokyo and Singapore, Feb 7, 2012 - (JCN Newswire) - NEC Corporation (NEC) announced today that it will attend TM Forum Management Forum Asia 2012 on February 7-8 in Singapore. As a Conference sponsor, NEC will focus on "Cloud Service" and will present NEC's Cloud solutions at the exhibition."NEC responds to a wide range of customer requirements, such as network systems for carriers and IT systems for various industries, in addition to the development of devices and terminals that support access to the Cloud. With the growing trend towards computing via Internet and mobile computing, it is evident that the cloud computing business model is here to stay and will transform the way how businesses operate. NEC as a total solutions provider, is in a unique position to integrate both IT and network solutions to help businesses improve their efficiency, manage their IT costs, and achieve new business revenues with our ubiquitous cloud computing solutions offering.", said Ken Sugata, General Manager, Global Carrier Cloud Division, NEC Corporation.During the conference, Shinya Kukita, Chief Manager of International Sales, will present a keynote speech on "Analyzing, Applying & Adapting Carrier Cloud models in Asia" on February 8. Key conference points will include, "Understanding the new business model between carriers, vendors and business users in the cloud" and "Key success factors for telcos in cloud computing."For more information, please visit http://www.nec.com/global/solutions/nsp/events/tmfas.About NEC CorporationNEC Corporation (TSE: 6701) is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.Contact:

Chris Shimizu
NEC Corporation
+81-3-3798-6511
E-Mail: yc-shimizu@cb.jp.nec.com