The Economist Group Launches Its First Bilingual Chinese-English App The Economist Global Business Review

A new app that explores key global trends in business, finance and technology – always with a strong point of view

HONG KONG, April 8, 2015 /PRNewswire/ — The Economist Group today officially launched a new digital app The Economist Global Business Review, focused on delivering insightful analysis on global trends in business, finance and technology. As the first in a planned series of local-language offerings, the bilingual Chinese-English app allows The Economist Group to reach a new set of global business leaders in markets like mainland China, Hong Kong, Taiwan, Malaysia and Singapore. The Economist Global Business Review is the first bilingual product featuring Economist content to be offered in the 171-year history of the weekly publication.  Recognising that today’s most influential business leaders span the globe, The Economist Global Business Review removes barriers to bring its spirit of independent reporting and sharp perspective to a wider audience, initially in Chinese, and expanding to other languages in future.

The Economist Global Business Review

The Economist Global Business Review

Curated by the editors at The Economist Group, The Economist Global Business Review features a selection of the best business, finance and technology stories from the weekly newspaper, which have been translated to the highest degree to maintain the stylistic nuances of the original text. Ten (10) articles are published initially at the start of the month; thereafter, a daily article is published each weekday for a total of 30 articles each month.

The bilingual app works in either English-Simplified-Chinese or English-Traditional Chinese and is available for iOS and Android smartphones and tablets. “Chinese was a natural first language for us to choose when launching this new bilingual product, given the increasing global reach of China’s companies and its diaspora,” said Tom Standage, Deputy Editor of The Economist.  “For many years we wrote off the idea of foreign-language editions as too expensive and impractical. However, the rise of digital technology changes the game. We can now deliver content quickly and without the cost constraints of print publishing.”

Tim Pinnegar, Publisher and Managing Director of The Economist Group Asia-Pacific said:  “Offering our unique content in local language opens up an entirely new market to us that was not possible to tap into before.  Our growth strategy over the next five years is exactly focused on attracting new audiences and capitalising on innovations in product and service offerings.”

Keeping in line with the minimalistic design aesthetics of The Economist, the app’s simple and intuitive interface allows for easy toggling between languages.  The app also features a powerful cache (the articles can be archived for up to 12 months) to facilitate offline reading.

The Economist Global Business Review is made available for free in April and May, courtesy of launch sponsor Hyundai.  Wonhong Cho, CMO of Hyundai Motor Company says, “We are glad to sponsor the launch of this new bilingual app from The Economist Group, and hope the app inspires new thinking and new possibilities within the Chinese business communities worldwide.” 

During this time, readers can download the app and experience the simple interface and compelling content completely free of charge. The app is available on the Apple App Store, Google Play, and a number of independent Android stores worldwide.  For more information, visit our website www.TEGBR.com

About The Economist Group

Headquartered in London, The Economist Group is the leading source of analysis on international business and world affairs.  Its publications and services include The Economist, the Economist Intelligence Unit (EIU), Intelligent Life and CQ Roll Call.  The Group delivers its information through a range of formats, from newspapers and magazines to conferences and electronic services.  Across all its products and services, the Group is known for its objectivity of opinion, originality of insight and rigorous analysis of key issues.

Photo – http://photos.prnasia.com/prnh/20150407/0861502669

At NAB 2015 Mobile Viewpoint Launches WebStreamur, a Global Marketplace for Live Mobile Journalism

ALKMAAR, the Netherlands, April 7, 2015 /PRNewswire/ — Mobile Viewpoint announces the launch of WebStreamur, a new platform which delivers high quality live video from any place to the web. WebStreamur utilizes the award winning bonding technology of Mobile Viewpoint to live stream from any location using bonded IP channels. During NAB 2015 WebStreamur will launch its own range of products including an App for MacBook, iPhone and Android and 3 dedicated appliances. WebStreamur utilizes YouTube to deliver live streams via WebStreamur channels on any device and create revenues based on sponsoring. WebStreamur utilizes Twitter for announcements and instant feedback. WebStreamer can be used for any event but will focus on the delivery of college sports content around the world. WebStreamur wireless bonded video transmitters and app’s will unleash the potential of unique sports events no matter where and when they take place.

(Logo: http://photos.prnewswire.com/prnh/20150407/738861)

Mobile Viewpoint CEO Michel Bais:  

“Since the beginning of Mobile Viewpoint we looked into the broadcast of smaller but attractive sport events on the Internet. The growing popularity of watching video online via streaming platforms like YouTube, LiveStream, Meerkat and Periscope opens a marketplace for the delivery of live sports and other events that do not have the reach to get on normal Broadcast Television. This makes it, in combination with our unique bonding technology, possible to deliver a high quality end-to-end solution and distinguishes WebStreamur from other #mojo products. WebStreamur gives the smaller content producers and sport teams easy access to a bigger audience and a global marketplace to monetize their content.”  

On Mobile Viewpoint 

Mobile Viewpoint is a global player, focusing on the development and implementation of solutions for both the broadcast and security industries. Based on their H.264 and H.265 codec implementations, combined with patented technology, allowing for HD video to be transmitted over bonded IP connections. Customers include major broadcasters, such as BBC, Al-Arabiya, Sky Sports News, NBC Sports.

Meet Mobile Viewpoint and Webstreamur at NAB 2015 Central Hall, stand 2807
http://www.mobileviewpoint.com / http://www.webstreamur.com

PR Newswire and WardrobeTrendsFashion Teams On Multi-Year Partnership

SINGAPORE, April 7, 2015 /PRNewswire/ — Global provider of news release distribution and multimedia platforms, PR Newswire, and Asia’s high fashion and luxury online portal, WardrobeTrendsFashion, announces their newly forged, strategic multi-year partnership today. The partnership allows WardrobeTrendsFashion, also known as WTF, to offer to their audience fresh and constantly updated news headlines and rich media content from a trusted news source; and innovative ways to promote and market themselves.

“We’re thrilled to partner with such a reputable communications company,” said Herbert Rafael Sim, Founder and Managing Director of WardrobeTrendsFashion, “Working together with PR Newswire, we’re able to provide the exceptional readers’ experience that every media publication seeks and that WardrobeTrendsFashion delivers.”

Helen Zhang, Senior Audience Development Manager at PR Newswire said: “We are equally excited to work with WardrobeTrendsFashion. This collaboration further enhances our reach in Asia high fashion sector, and helps our global clients in luxury goods to reach Asia shoppers who are increasingly more important especially. And we are looking forward to further collaborate with WardrobeTrendsFashion in the near future in other areas to help our clients to achieve better visibility in the region.”

About PR Newswire
PR Newswire (www.prnasia.com) is the premier global provider of news release distribution and multimedia platforms that enable marketers, corporate communicators, public relations officers and investor relations professionals to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry in 1954, PR Newswire today provides end-to-end solutions to produce, distribute, target and measure text and multimedia content across traditional, digital, mobile and social channels. Combining the world’s largest multi-channel content distribution and optimization network with comprehensive workflow tools and platforms, we enable the world’s enterprises to tell their stories to the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company.

About WardrobeTrendsFashion
WardrobeTrendsFashion, also known as WTF, is a high fashion and luxury online portal, featuring fashion lookbooks, campaigns and runway collections; luxury news in the different industries – automobile, aerospace, nautical, dining, watches, jewelry, technology; celebrity news, interviews; as well as charity – activities, events, campaigns by NGOs and Non-profit organizations. WTF strives towards being one of the world largest repository of fashion labels’ campaigns and lookbooks from across the globe.

WTF readers are international and are mostly from the upper echelons of the business world, C-level executives, experts and personnel from the fashion industry, film industry, and more. WTF is accessible via domain urls, WardrobeTrendsFashion.com and WTFSG.com.

Media contacts:
WardrobeTrendsFashion
Media Rep
[email protected]

PR Newswire
Asia Marketing team
[email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/pr-newswire-and-wardrobetrendsfashion-teams-on-multi-year-partnership-300061146.html

Clarification on Announcement Regarding Online Lottery Sales in China

SHENZHEN, China, April 7, 2015 /PRNewswire/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), a leading online sports lottery service provider in China, today made an announcement in furtherance to the announcement the Company made on April 3, 2015. The Company wants to restate that it was one of the two entities approved by the Ministry of Finance in 2012 to provide online lottery sales services on behalf of the China Sports Lottery Administration Center. In particular, such approval mandated that the China Sports Lottery Administration Center use its best effort to develop an online lottery sales management system as part of a pilot program for online lottery sales in China, and once such a management system is finished, the China Sports Lottery Administration Center should apply again for approval from the Ministry of Finance for official commencement of online lottery sales in China. The Company notes it has been working and will continue to work with the China Sports Lottery Administration Center to develop such a management system. To the best of the Company’s knowledge, the approval by the Ministry of Finance for the Company to provide online lottery sales services on behalf of the China Sports Lottery Administration Center is valid and has not been revoked or amended as of the date of this announcement.

The Company believes the public announcement jointly released by eight competent government authorities on April 3, 2015 is a further step by the competent government authorities to sanction unauthorized online lottery sales and to ensure the healthy development of the lottery market in China. In particular, the Company believes the close proximity of the release of such public announcement and the promulgation of the Notice on Issues Related to Self-Inspection and Self-Remedy of Unauthorized Online Lottery Sales on January 15, 2015 signals a potential significant change of regime in the online lottery market in China. In light of such potential change of regime, the Company decided to voluntarily and temporarily suspend all of its online lottery sales services. To the best of the Company’s knowledge, as of the date of this announcement, all online lottery sales service providers in China have temporarily suspended their operations.

The Company further notes that as of December 31, 2014, the Company had cash in the amount of RMB914.2 million, which the Company estimates would be sufficient to sustain the Company’s operations for approximately 10 years without taking into account any revenue, and given the Company’s estimated annual operational overhead of RMB80 million to RMB90 million.

About 500.com Limited

500.com Limited (NYSE:WBAI) is a leading online sports lottery service provider in China. The Company offers a comprehensive and integrated suite of online lottery services, information, user tools and virtual community venues to its users. 500.com was among the third companies to provide online lottery services inChina, and is one of two entities that have been approved by the Ministry of Finance to provide online lottery sales services on behalf of the China Sports Lottery Administration Center, which is the government authority that is in charge of the issuance and sale of sports lottery products in China. According to iResearch, the Company had the largest market share among online lottery service providers for the third six months of 2013, in terms of the total purchase amount of sports lottery products.

Safe Harbor Statements

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in 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,” “target,” “going forward,” “outlook” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For more information, please contact:

500.com Limited
[email protected]

Christensen
In China
Mr. Christian Arnell
Phone: +852 9040 0621
E-mail: [email protected]

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: [email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/clarification-on-announcement-regarding-online-lottery-sales-in-china-300061562.html

Zebra Medical Vision Launches the Most Comprehensive Medical Imaging Research Platform Globally

SHEFAYIM, Israel, April 7, 2015 /PRNewswire/ —

Completes $8m seed round led by Khosla Ventures to accelerate the creation of imaging insights tools for HMOs and ACOs

Zebra Medical Vision launched a closed beta of its Medical Imaging Research platform and announced funding of $8 million led by Khosla Ventures, with participating parties DeepFork Capital and Salesforce (NYSE: CRM) CEO Marc Benioff. The company’s solution enables researchers to quickly develop imaging algorithms and insights based on large scale datasets and advanced processing power. Zebra’s commercialization pipeline will then expedite clinical application of imaging research products.

(Photo: http://photos.prnewswire.com/prnh/20150405/196595)

With a billion people joining the middle class by 2020, and an aging global population, the demand for medical imaging is rapidly increasing. Fast, accurate diagnosis is paramount, and is getting increasingly difficult to achieve with existing Radiology resources. Medical Imaging storage has grown tenfold since 2005 according to a Frost&Sullivan report and continues to grow with more advanced modalities. Therefore there is an acute need for accurate automated tools to enable high quality diagnostic insights at scale.

“Advances in machine learning and computer vision have made it possible to create diagnostic quality algorithms based on big data, that surpass current reading accuracy rates. Such algorithms will reduce false positives, identify false negatives, provide earlier diagnosis of cancer or other diseases and unlock incidental findings hidden in the vast amounts of imaging data that resides within archives of health providers,” said Elad Benjamin, Zebra Medical CEO and former General Manager of the Carestream Healthcare Information Solutions group.

“I have frequently commented that technology will reinvent healthcare as we know it,” said Vinod Khosla, founder of Khosla Ventures. “Zebra is combining the power of machine learning, computer vision and big data to do just that in medical imaging – creating a sandbox through which imaging innovation can occur and be delivered to patients. We are proud to back such a team and an ambitious endeavor and look forward to seeing the outcomes of the platform.”

Zebra’s platform offers a cloud-based, fully hosted research and development environment. This includes access to large datasets of structured, de-identified studies, storage, state-of-the-art GPU computing power and support for a multitude of research tools. The platform also enables research groups to collaborate and create joint tools.

“Zebra is the only platform today that offers such seamless access to both the tools and the needed datasets and research environment – and at such a large scale,” said Professor Gabriel Krestin, Professor of Radiology, Chair of Radiology at Erasmus University Medical Centre Rotterdam and past President of the European Society of Radiology. “This will finally enable providers to bring medical imaging into the fold of large scale clinical analysis and population management.”

The Zebra platform is initially being launched to select research groups. Researchers and machine learning practitioners can apply for an invite here. ACOs and HMOs are welcome to participate and learn how can better imaging insights improve care and reduce costs.

About Zebra Medical Vision Ltd  

Zebra Medical Vision has set out to create the world’s largest medical imaging insights platform. We believe that by providing machine-learning researchers the needed tools and datasets we can accelerate development of advanced decision support tools and diagnosis needed to serve the worlds population. Headquartered in Kibutz Shfayim Israel, the Company was founded in 2014 by Co-Founders Eyal Toledano, Eyal Gura and Elad Benjamin.  

More info at http://www.zebra-med.com

Contact:
Elad Benjamin  
[email protected]

Shanda Games Limited Enters into Definitive Merger Agreement for Going Private Transaction

HONG KONG, April 3, 2015 /PRNewswire/ — Shanda Games Limited (NASDAQ: GAME) (“Shanda Games” or the “Company”), a leading online game developer, operator and publisher in China, announced today that it had entered into an Agreement and Plan of Merger (the “Agreement”) with Capitalhold Limited (“Parent”) and Capitalcorp Limited, a wholly owned subsidiary of Parent (“Merger Sub”).

Pursuant to the Agreement, Parent will acquire the Company for cash consideration equal to US$3.55 per ordinary share of the Company (each, an “Ordinary Share”) and US$7.10 per American Depositary Share of the Company, each representing two Class A Ordinary Shares (each, an “ADS”), in a transaction valuing the Company at approximately US$1.9 billion. This price represents a premium of 46.5% and 53.8%, respectively, over the Company’s 30- and 60-trading day volume-weighted average price as quoted by NASDAQ Global Select Market (“NASDAQ”) on January 24, 2014, the last trading date immediately prior to the Company’s announcement on January 27, 2014 that it had received a “going private” proposal.

The consideration to be paid to holders of Ordinary Shares and ADSs pursuant to the Agreement also represents an increase of approximately 2.9% from the original US$3.45 per Ordinary Share and US$6.90 per ADS offer price included in the January 27, 2014 “going private” proposal.

Immediately following consummation of the transactions contemplated by the Agreement, Parent will be beneficially owned by a consortium (the “Buyer Group”) comprising (i) Ningxia Yilida Capital Investment Limited Partnership, a limited partnership formed under the laws of the People’s Republic of China and an affiliate of the Company’s acting CEO, Mr. Yingfeng Zhang, (ii) Ningxia Zhongyincashmere International Group Co., Ltd. (“Ningxia”), a company formed under the laws of the People’s Republic of China, (iii) Orient Hongtai (Hong Kong) Limited, a company incorporated and existing under the laws of Hong Kong (“Orient Hongtai”), (iv) Orient Hongzhi (Hong Kong) Limited (“Orient Hongzhi”), a company incorporated and existing under the laws of Hong Kong and an affiliate of Orient Hongtai, (v) Hao Ding International Limited (“Hao Ding”), a company established under the laws of the British Virgin Islands, (vi) Ningxia Zhengjun Equity Investment Partnership Enterprise (Limited Partnership) (“Zhengjun Investment”), a limited partnership organized and existing under the laws of the People’s Republic of China and an affiliate of Mr. Yingfeng Zhang, (vii) Ningxia Silkroad Equity Investment Partnership Enterprise (Limited Partnership) (“Ningxia Silkroad”), a limited partnership organized and existing under the laws of the People’s Republic of China and an affiliate of Ningxia, and (viii) Ningxia Zhongrong Legend Equity Investment Partnership Enterprise (Limited Partnership) (“Zhongrong Legend”), a limited partnership organized and existing under the laws of the People’s Republic of China and an affiliate of Ningxia. Merger Sub is a direct wholly owned subsidiary of Parent. As of the date of the Agreement, the Buyer Group collectively beneficially owns approximately 75.7% of the Company’s issued and outstanding Ordinary Shares, representing approximately 90.7% of the total number of votes represented by the Company’s issued and outstanding Ordinary Shares.

Subject to the terms and conditions set forth in the Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and becoming a wholly owned subsidiary of Parent (the “Merger”), and each of the Ordinary Shares issued and outstanding immediately prior to the effective time of the Merger (including Ordinary Shares represented by ADSs) will be cancelled in consideration for the right to receive US$3.55 per Ordinary Share or US$7.10 per ADS, in each case, in cash, without interest and net of any applicable withholding taxes, except for (i) 48,759,187 Class B Ordinary Shares held by Yili Shengda Investment Holdings (Hong Kong) Company Limited, an affiliate of Mr. Yingfeng Zhang, 48,759,187 Class B Ordinary Shares held by Zhongrong Shengda Investment Holdings (Hong Kong) Company Limited, an affiliate of Ningxia, 80,577,828 Class A Ordinary Shares held by Zhongrong Investment Holdings (Hong Kong) Co., Ltd., an affiliate of Ningxia, 61,776,334 Class A Ordinary Shares held by Orient Hongtai, 61,776,335 Class A Ordinary Shares held by Orient Hongzhi, 107,438,129 Class A Ordinary Shares held by Hao Ding and any Ordinary Shares held by Parent, the Company or any of their subsidiaries immediately prior to the effective time of the Merger, each of which will be cancelled without payment of any consideration or distribution therefor, and (ii) Ordinary Shares owned by holders who have validly exercised and not effectively withdrawn or lost their rights to dissent from the Merger pursuant to Section 238 of the Companies Law of the Cayman Islands, which Ordinary Shares will be cancelled at the effective time of the Merger for the right to receive the fair value of such Ordinary Shares determined in accordance with the provisions of Section 238 of the Companies Law of the Cayman Islands.

The Buyer Group intends to fund the transaction through cash contributions from Zhengjun Investment, Ningxia Silkroad, Zhongrong Legend (collectively, the “Sponsors”) or their affiliates pursuant to equity commitment letters entered into between Parent and each Sponsor. The Sponsors have also entered into limited guarantees in favor of the Company pursuant to which they have agreed to guarantee certain obligations of Parent and Merger Sub under the Agreement.

The Company’s Board of Directors, acting upon the unanimous recommendation of the special committee of independent directors formed by the Board of Directors (the “Special Committee”), unanimously approved the Agreement, the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands in connection with the Merger and the transactions contemplated thereby (the “Transactions”), including the Merger, and resolved to recommend that the Company’s shareholders vote to approve the Agreement and the Transactions, including the Merger. The Special Committee, which is composed solely of independent directors who are unaffiliated with Parent, Merger Sub, any member of the Buyer Group or management of the Company, exclusively negotiated the terms of the Agreement with the Buyer Group with the assistance of its independent financial and legal advisors.

The Merger, which is currently expected to close in the second half of 2015, is subject to customary closing conditions, including the approval by an affirmative vote of shareholders holding two-thirds or more of the votes represented by the Ordinary Shares (including Ordinary Shares represented by ADSs) present and voting in person or by proxy as a single class at the extraordinary general meeting, which will be convened to consider the approval of the Agreement and the Transactions, including the Merger. The Buyer Group beneficially owns sufficient Ordinary Shares to approve the Agreement and the Transactions, including the Merger, and has agreed to vote in favor of such approval. If completed, the Transactions will result in the Company becoming a privately-held company and its ADSs will no longer be listed on NASDAQ.

Bank of America Merrill Lynch is serving as financial advisor to the Special Committee, Sullivan & Cromwell LLP is serving as U.S. legal advisor to the Special Committee, Haiwen & Partners is serving as PRC legal advisor to the Special Committee and Walkers Global is serving as Cayman Islands legal advisor to the Special Committee. Akin Gump Strauss Hauer & Feld is serving as legal advisor to Bank of America Merrill Lynch.

Davis Polk & Wardwell LLP is serving as U.S. legal advisor to the Company and Global Law Office is serving as PRC legal advisor to the Company.

Southwest Securities Co., Ltd. is serving as financial advisor to the Buyer Group and Wilson Sonsini Goodrich & Rosati, P.C. is serving as U.S. legal advisor to the Buyer Group.

Additional Information about the Transactions

The Company will furnish to the Securities and Exchange Commission (the “SEC”) a report on Form 6-K regarding the Transactions, which will include as an exhibit thereto the Agreement. All parties desiring details regarding the Transactions are urged to review these documents, which are available at the SEC’s website (http://www.sec.gov).

In connection with the Transactions, the Company will prepare and distribute a proxy statement to its shareholders. In addition, certain participants in the Transactions will prepare and distribute to the Company’s shareholders a Schedule 13E-3 transaction statement. These documents will be filed with or furnished to the SEC. INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THESE MATERIALS AND OTHER MATERIALS FILED WITH OR FURNISHED TO THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE TRANSACTIONS AND RELATED MATTERS. In addition to receiving the proxy statement and Schedule13E-3 transaction statement, shareholders also will be able to obtain these documents, as well as other filings containing information about the Company, the Transactions and related matters, without charge, from the SEC’s website (http://www.sec.gov) or at the SEC’s public reference room at 100 F Street, NE, Room 1580, Washington, D.C. 20549. In addition, these documents can be obtained, without charge, by contacting the Company at the following address and/or phone number:

Shanda Games Limited:
No. 1 Office Building
No. 690 Bibo Road
Pudong New Area
Shanghai 201203
The People’s Republic of China
Phone: +86-21-5050-4740

The Company and certain of its directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be “participants” in the solicitation of proxies from our shareholders with respect to the Transactions. Information regarding the persons who may be considered “participants” in the solicitation of proxies will be set forth in the proxy statement and Schedule 13E-3 transaction statement relating to the Transactions when they are filed with the SEC. Information regarding certain of these persons and their beneficial ownership of the Company’s Ordinary Shares as of March 31, 2014 is also set forth in the Company’s Form 20-F, which was filed with the SEC on April 29, 2014. Additional information regarding the interests of such potential participants will be included in the proxy statement and Schedule 13E-3 transaction statement and the other relevant documents filed with the SEC when they become available.

This announcement is neither a solicitation of proxy, an offer to purchase nor a solicitation of an offer to sell any securities and it is not a substitute for any proxy statement or other filings that may be made with the SEC should the Transactions proceed.

Cautionary Statement concerning Forward Looking Statements

This news release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to how the Company’s shareholders will vote at the meeting of shareholders, the possibility that competing offers will be made, the possibility that various closing conditions to the Merger may not be satisfied or waived and other risks and uncertainties discussed in the Company’s filings with the SEC, as well as the Schedule 13E-3 transaction statement and the proxy statement to be filed by the Company in connection with the Merger. Shanda Games does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About Shanda Games

Shanda Games Limited (NASDAQ: GAME) is a leading online game developer, operator and publisher in China. Shanda Games offers a diversified game portfolio, which includes some of the most popular massively multiplayer online (MMO) games and mobile games in China and in overseas markets, targeting a large and diverse community of users. Shanda Games manages and operates online games that are developed in-house, co-developed with world-leading game developers, acquired through investments or licensed from third parties. For more information about Shanda Games, please visit http://www.ShandaGames.com.

Contact

Shanda Games Limited
Ellen Chiu, Investor Relations Director
Maggie Zhou, Investor Relations Associate Director
Phone: +86-21-5050-4740 (Shanghai)
Email: [email protected]

Christensen:
Christian Arnell
Phone: +86-10-5900-1548 (China)
Email: [email protected]

Linda Bergkamp
Phone: +1-480-614-3004 (U.S.A.)
Email: [email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shanda-games-limited-enters-into-definitive-merger-agreement-for-going-private-transaction-300060834.html

foodpanda Teams Up With Food Aid Foundation – Give A Little, Help A Lot

Food Aid Foundation and foodpanda Malaysia team up to raise funds for food for Persatuan Rumah K.I.D.S. Orphanage in Malaysia.

KUALA LUMPUR, Malaysia, April 3, 2015 /PRNewswire/ — foodpanda hopes to help people learn about the importance of eating healthy and provide some basic knowledge about nutrition. With the “give a little, help a lot” initiative we would like to show that it takes very little effort to make significant changes. Together with Food Aid Foundation, our project is in the best hands: Food Aid Foundation will take care of the distribution and the transportation of the food.

“Our goal is to collect EUR1,000 (EUR1 = MYR3.94), to help cover two months of groceries for the orphanage. The collected money will go to Food Aid Foundation’s official fund raising account. They will buy the most necessary food stuffs for Rumah K.I.D.S Orphanage from the collected amount,” says Sidney, Country Manager of foodpanda Malaysia.

About Rumah K.I.D.S Orphanage

Persatuan Rumah Kanak-Kanak Ini Di Sayangi (Rumah K.I.D.S) began its operations in 1991. They are located at 7, Jalan Durian, Kawasan 6, 41100 Klang, Selangor. It is a registered non-profit charitable home for orphans and abandoned children. It is registered with the Registrar of Society and subsequently with Jabatan Kebajukan Masyarakat Malaysia and other related governmental departments.

The children are separated in two homes, based on gender. They between 4 to 18 years old. The orphanage needs support in order to provide food security for the children and assistance to cover the utility bills.

About foodpanda

foodpanda group is the leading global food delivery marketplace, active in 39 countries on five continents. The company enables restaurants to become visible in the online and mobile world and provides them with the latest online technology. For consumers, foodpanda/hellofood offer the convenience to order food online and with the widest gastronomic range, from which they can choose their favourite meal on the web or via the app.

Look us up at:
Website: www.foodpanda.my
Facebook:
facebook.com/FoodpandaMalaysia

For more information on this press release, or to arrange interviews with company management, please contact:

Sidney Ng
Country Manager, Malaysia
Unit D-3A-08, Level 3A, Block D,
Southgate Commercial Centre,
No.2 Jalan Dua off Jalan Chan Sow Lin, 55200 Kuala Lumpur
Tel: +6016-3062330
Email: [email protected]

Trisha Ang
Marketing Manager
Unit D-3A-08, Level 3A, Block D,
Southgate Commercial Centre,
No.2 Jalan Dua off Jalan Chan Sow Lin, 55200 Kuala Lumpur
Tel: +6016-7252996
Email: [email protected]

Renren Announces Dutch Auction Tender Offer for Its American Depositary Shares

BEIJING, April 2, 2015 /PRNewswire/ — Renren Inc. (NYSE: RENN) (“Renren” or the “Company”), a leading real-name social networking internet platform in China, announced that it is commencing a Dutch auction tender offer today to purchase for cash up to $50 million in value of its American Depositary Shares (the “ADSs”), each representing three Class A ordinary shares of the Company, par value $0.001 per share, at a purchase price not greater than $2.75 per ADS nor less than $2.40 per ADS (in each case less a cancellation fee of $0.05 per ADS to be paid to the Company’s ADS depositary). Under the terms of the tender offer, the Company will invite holders of ADSs to tender their ADSs at prices specified by such holders within such range of prices in the manner be described further in the offer materials. The Company will select the lowest single per ADS purchase price that will allow it to purchase $50 million in value of ADSs at completion of the tender offer. The tender offer will be subject to the terms and conditions described in the offer to purchase and the related materials that will be distributed to holders of the Securities and filed with the Securities and Exchange Commission (the “SEC”) today. The tender offer constitutes a part of the $100 million share repurchase program that the Company announced on June 28, 2014, and not an addition to it.

Joseph Chen, Chairman and Chief Executive Officer of the Company, stated that “After we announced the adoption of a $100 million share repurchase plan on June 28, 2014, we repurchased approximately $48.6 million of our ADSs on the open market through March 13, 2015. We weighed the benefits of continuing to use the remaining amount authorized under the share repurchase program to repurchase ADSs on the open market from time to time against the benefits of using approximately the same amount to repurchase ADSs in a single transaction, and we determined that a tender offer was the most effective way to realize the aims of the share repurchase program.”

Neither Renren, its board of directors, the dealer manager nor the information agent nor any of their affiliates is making any recommendation to holders of the Securities as to whether to tender or refrain from tendering their Securities or as to the purchase price on any tender. Renren has been advised that none of its directors or executive officers intends to tender any Securities pursuant to the offer. The information agent for the tender offer will be Georgeson Inc. and the depositary for the tender offer will be Citibank, N.A. Morgan Stanley & Co. LLC will act as the dealer manager for this tender offer.

This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell Renren’s Securities. The solicitation of offers to buy Renren’s Securities will only be made pursuant to the offer to purchase, to be issued in connection with the commencement of the tender offer (as may be amended or supplemented), the related letter of transmittal, and other related documents that Renren intends to send to holders of its Securities. The tender offer materials will contain important information that should be read carefully before any decision is made with respect to the tender offer. Those materials will be distributed by Renren to the holders of its Securities at no expense to them. In addition, all of the materials (and all other offer documents filed with the SEC) will be available at no charge on the SEC’s website at www.sec.gov and by contacting Georgeson Inc., the information agent for the tender offer, by telephone at (866) 821-0284.

About Renren Inc.

Renren Inc. (NYSE: RENN) operates a leading real name social networking internet platform in China. It enables users to connect and communicate with each other, share information and user generated content, play online games, and enjoy a wide range of other features and services. Renren’s businesses primarily include the main social networking website renren.com and the game operating platform Renren Games. Renren.com had approximately 223 million activated users as of December 31, 2014. Renren’s American depositary shares, each of which represents three Class A ordinary shares, trade on NYSE under the symbol “RENN”.

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about Renren’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. Further information regarding these risks and uncertainties is included in our annual report on Form 20-F and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and Renren does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

Cynthia Liu
Investor Relations Department
Renren Inc.
Tel: +86 (10) 8448-1818 x1300
Email: [email protected]

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Conax demonstrating next generation multi-DRM offering and new joint partner solution at NAB 2015

– Spotlighting demonstrations of new cutting-edge multi-DRM capabilities in Conax Contego™ and Conax Xtend Multiscreen already deployed in the market

– At NABShow, service and content protection provider Conax will announce how it plans to strengthen its IPTV offering placing the company ahead of rival solutions

– Co-exhibitor and sister company NAGRA will demo its studio-endorsed anyCAST PRM solution for the protection of content delivered OTT or via the home network

LAS VEGAS, April 2, 2015 /PRNewswire/ — NABShow 2015 — Conax, part of the Kudelski Group and a leader in total service protection for digital TV and entertainment services via broadcast, broadband and connected devices, today announced its participation at the NAB Show 2015, April 13th – 16th, Las Vegas. At NAB, Conax will launch next generation multi-DRM solution in flagship security hub Conax Contego™, supporting Google Widevine, Microsoft PlayReady, Conax OTT Access and NAGRA anyCAST PRM. Together with strategic business partners the security provider will feature real life demonstrations spotlighting implementation of the new joint solution at a live multiscreen customer. In addition, at an event at Conax Stand SU8517, Monday, April 13th, 4 pm at NABShow Conax will also announce how it plans to strengthen its IPTV offering including technology it believes will position the company ahead of rivals in the IPTV security space.

– “Supporting multiple DRM technologies is essential to reach all required devices for a TV everywhere service. Conax Contego™ supports PlayReady, Widevine, NAGRA anyCAST PRM and Conax OTT Access, with Common Encryption (CENC) for a simplified and cost-effective workflow. This ensures a unified configuration of DRM with consistent business rules across devices and networks from STBs, Smart TVs, Tablets, Phones, Gaming consoles and PC browsers,” states Tom Jahr, EVP Products & Marketing, Conax. “At NAB, Conax will provide demonstrations based on a live customer illustrating how along with our strategic partners Conax solves the latest challenges for our customers by building, highly efficient solutions both for the end-user and the operator.”

-“Conax will also talk about the latest product portfolio advancements resulting from co-development efforts between sister companies in the Kudelski Group – the leading provider of content security solutions worldwide – and the multitude of benefits for our customers in all regions.”

Conax, Kudelski Group and NAGRA
Conax will be co-exhibiting with sister company NAGRA at NAB Stand SU8517. At the NAB stand, NAGRA will feature its advanced NAGRA anyCAST PRM solution as implemented in DISH Network’s DISH Anywhere multiscreen service for PCs, Android and iOS devices.

Conax Launch & Celebration @NABShow: 4 – 6 pm, April 13th, Stand SU8517
Conax customers, partners and the media are invited to join in celebrating Conax latest multi-DRM news. Conax will also share its newest blueprint for Kudelski cross-technology advancements – followed by networking and a launch party.

At NAB’s Connected Media IP Panel Debate: “Content Security – Protecting Your Assets”
Tom Jahr, EVP Products and Marketing at Conax will speak alongside Christopher Schouten, Senior Director of Product Marketing at NAGRA, as part of the Connected Media exhibit at NAB. Panelists will address a variety of hot topics affecting content protection and the pay-TV industry.
Details: Wednesday, April 15th at 11:30 -12:00 (CM|IP Pavilion, North Hall)

Using Conax’ truly modular approach to a hybrid multiscreen offering, Conax Contego™ unified security hub supports all major distribution technologies and formats including UHD/4K, seamlessly supporting smart cards, cardless and advanced OTT services from a single unified back-end and designed to support operators of any size; small, medium and large, broadcast and broadband. Conax GO Live™ is the new entry-level, targeted solution for pay-TV operators looking to provide streaming of live channels to iOS and Android devices.

About Conax
A part of the Kudelski Group (SIX:KUD:S), Conax is a leading global specialist around the total service protection for digital TV services over broadcast, broadband and connected devices. Conax provides telcos, cable, satellite, IP, mobile and terrestrial and broadband operations with the innovative, flagship Conax Contego™ family of flexible and cost-efficient solutions to deliver premium content securely and enable operators with easy access to the OTT multiscreen arena. Headquartered in Oslo, Norway, ISO 9001 & 27001 certified Conax technology enables secure content revenues for 400 operators in 85 countries globally. For more information, please visit www.conax.com and follow us on Twitter and LinkedIn.

Conax media contact
Leslie Johnsen
Head of Public Relations & Communications, Conax
Mob: +47-41-45-80-43
Email: [email protected]

BlueFocus Hits Another Milestone of Its Determined Globalization Process

BEIJING, April 1, 2015 /PRNewswire/ — It was previously hard to imagine a China-based Communication Group can go global in such a speedy and well-organized manner. BlueFocus, this largest Communication Group (BFCG) of China, who just announced its 2014 Annual Report in which many remarkable financial results can be found, is holding its first-ever global gathering, called International Business Management Committee, formed by all the top leadership team members from both BlueFocus and its strategically owned portfolio agencies, in its Beijing headquarter, from 1st April through 2nd April.

Following a series of well-composed investments and acquisitions, the establishment of International Business Management Committee (IBMC) aims to enable productive & effective management from BlueFocus’ international portfolio standpoint and to unleash the power of meaningful corporate integration.

Robin Grant, Global Managing Director of We Are Social, now a BlueFocus company, has apparently been enjoying this win-win marriage. “The past year has been the start of a new journey for We Are Social. We chose BlueFocus as our partner because they share our global ambitions, track record of fast growth, entrepreneurial spirit and ambition. In the past 12 months, BlueFocus has helped us build the foundations for further global expansion, while allowing us to maintain the unique brand and culture that has made We Are Social so successful to date. We’re looking forward to working with BlueFocus to make 2015 our biggest year yet,” Mr. Grant commented.

As the unbeatable pilot & thought-leader in the professional service industry of Marketing & Communications in China, BlueFocus has been devoting enormous efforts to its intelligent total solution such as technology-inspired innovations and big data backed insights and ideas, which is also reflected as one guiding principle when it comes to BlueFocus’ global acquisition strategy. Fuseproject, for instance, the prestigious industry design firm, is a perfect example that illustrates how technology-inspired innovations can change people’s lives. Blab, another good example as a pioneer in the sector of predictive social intelligence in US, is demonstrating how Big Data can effectively shape the insights for future.

And now, BlueFocus, the ultimate holding company, is ready to build a scale by letting ideas travel across – “The first step is to make all the portfolio agencies know each other MUCH better,” said Holly Zheng, newly appointed President of BlueFocus International as of July 2014. ” ‘This IBMC will be primarily serving as a Steering Committee which helps set the overall growth strategy for the whole company, and we are looking at the opportunities simultaneously regarding establishing multiple working committees as well, which will focus on specific areas such as operation and business development in the near future so that we can bring the ideas to life eventually,” Holly further added.

“I am so happy to see all the fantastic leaders from all over the world to join us in Beijing. I truly believe that, with all great insights and experiences contributed by our leaders, BlueFocus, although originated in China, will definitely become an open and global platform, abound with best talents, which can offer top-notch services to our clients across the globe. And the establishment of IBMC shows clearly our strong commitment to the globalization strategy, which will certainly accelerate globalized process of BlueFocus,” said Oscar Zhao, CEO of BlueFocus Communication Group.

Ms. Holly Zheng further built, “We have created a sizable portfolio in the communications industry, including companies that specialize in PR, advertising, social media, technology and even product design. Geographically, our portfolio agencies can cover all of the key markets ranging from Asia, Europe, North America to Australia. And we believe this global footprint is critical to our multinational clients. In 2015, we expect our international business will grow much faster than the industry average, accounting for roughly 20% of our total revenue.”

Currently, BFCG and its overseas branches have established nearly a hundred offices in more than 30 countries around the world. As the only Chinese communication company with global footprint, BlueFocus reported its 2014 revenue of RMB 5,979,088,239 (US$ 965 million), up 66.83% from a year ago, and a net profit of RMB 711,883,881 (US$ 115 million), up 62.79% year-to-year.

About BlueFocus

Founded in 1996 and became the first publicly listed PR company in China in 2010, BlueFocus is the No.1 integrated communication and marketing services group in China, with around 5,000 employees globally. The company provides a wide spectrum of PR and brand management services to over 800 multinational companies and leading Chinese enterprises, covering the IT, automobile, consumer goods, real estate, finance, and entertainment industries.

BlueFocus operates in the fields of public relations, media buying, digital communication, digital advertising and e-commerce in China, including: Blue Digital (formerly BlueFocus PR) – Asia’s no. 1 PR agency, SNK – China’s No.1 online gaming advertising agency, Bojie Media, Eyes Media, Kingo Advertising and BlueStrategy.

“To Be Global” is one of BlueFocus’ core strategies. The firm controls Vision7, whose two major brands include Canadian agency leader Cossette and the international PR firm Citizen Relations, We Are Social, the world’s largest specialist social media agency in UK, and owns around 20% stake in Huntsworth, a UK-based leading international public relations group. BlueFocus’ other oversea investments include Fuseproject, a top industrial designing company in US, Metta, a leading Advertising agency in HK, Financial PR, a renowned investor relations consultancy in Asia, and Blab, a pioneer in the category of Predictive Social Intelligence in US.

Photo – http://photos.prnewswire.com/prnh/20150401/195948

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