Unique Architecture is Optimized for Cost Effective 4G LTE Data and Voice

RICHARDSON, Texas - Tuesday, February 11th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Mavenir Systems (NYSE: MVNR) today announced its Virtualized Evolved Packet Core (EPC), specifically designed to optimize the deployment of data and voice services for mobile operators transforming their networks to 4G LTE. Mavenir’s EPC solution provides a full suite of standards-defined wireless functions (SGW, PGW and MME) on a virtualized software platform that provides mobile operators the flexibility and cost efficiencies needed to cope with burgeoning growth in mobile data traffic.

Mavenir’s EPC is a software-based, carrier grade solution that can be deployed on cloud-based infrastructures using Network Functions Virtualization (NFV) to rapidly scale capacity and adapt to new deployment models. Mavenir’s EPC is based on a unique distributed architecture that splits control and bearer planes which optimizes ... Read more »

Dubai, United Arab Emirates - Monday, February 10th 2014 [ME NewsWire]

According to recent studies by Freedonia, the imports of ball bearings in the Middle East are worth a total of $240 million. As a result, and based on Rolman World's profits, Rolman World accounts for 8% of the total market share of the ball bearing market in the Middle East.

Rolman World serves the automotive, agriculture, transport, oil & gas, food processing, and steel and cement industries and offers a comprehensive range of industrial and automotive bearings from global brands such as NSK, Timken, FYH and IKO.

Since its establishment, Rolman World has continued to grow and expand. The company had a vision and mission that allowed the company to develop and establish meaningful partnerships with its customers. By working hard to earn the trust of its customers, Rolman World has established nine branches in two continents and currently has more than 270 employees in the MENA region.
... Read more »

ME Newswire / Businesswire

NEW YORK - Monday, February 10th 2014

IIG Trade Finance is pleased to announce that it has completed a pioneering securitization of non-bank Latin America-based trade finance loans. The resulting Cayman Islands-based company, Trade Finance Funding I, Ltd., has issued $220 million of Collateralized Loan Obligations (CLO) that were structured, arranged and placed by Deutsche Bank Securities, Inc. ("Deutsche Bank”) and will be managed by The International Investment Group L.L.C., an SEC Registered Investment Advisor.

Trade Finance Funding I, Ltd. which focuses on the Latin American agriculture and soft commodity industries, provides unique investment opportunities in trade finance, as well as additional liquidity to the commodity trade finance market. Trade finance is an asset class that has been traditionally dominated by large, international banks and other financial institutions. ”The CLO space is a natural extension of our trade finance ... Read more »

Oslo's application to host the 2022 Olympic and Paralympic Winter Games was presented at a media briefing at the international media centre in Sochi on Monday February 10th 2014.

SOCHI, Russia. - Monday, February 10th 2014 [ME NewsWire]

(BUSINESS WIRE) President of the Oslo bid committee, Mr Stian Berger RØSLAND, Governing Mayor of Oslo, and Oslo bid committee member, Mr Inge ANDERSEN, Secretary General of the Norwegian Olympic Committee presented on behalf of the Oslo bid committee. Also speaking at the briefing were Mr Gerhard HEIBERG, IOC member in Norway, Mrs. Eli GRIMSBY, CEO of Oslo2022, and Mr Bjørn DÆHLIE, skiing legend and multiple Olympic Champion.

- First and foremost I believe Oslo 2022 will be a great experience for the athletes. We have a strong passion for winter sports in Norway, and I would like the athletes of the world to share that experience. We want to make Games that inspire a new generation of athletes, Dæhlie commented at the press briefing ... Read more »