The Press Release Resource

(Sunnyvale, CA) – Argentina has implemented a new trade regulation which makes it mandatory for companies to declare the amount of goods being imported into the country by signing an official document beforehand. Effective February 1, 2012, all registered importing companies are required to fill in the Anticipated Sworn Declaration of Imports (Declaracion Jurada Anticipada …

TOKYO, JAPAN — NTT Communications Corporation (NTT Com) and Netmagic Solutions Private Limited (Netmagic Solutions) jointly announced today that NTT Com will acquire 74% of Netmagic Solutions, a leading provider of datacenter services in India. The acquisition is subject to the approval of relevant authorities in India. The addition of Netmagic Solutions’ datacenter services and …

New Delhi – January 24, 2012 – GlobalLogic, a leader in software R&D services, today announced that Kevah Works, an end-to-end mobile application service it developed for Valorem Systems in Australia, has received the prestigious 2011 InClean Award for Innovative IT Technology in Australia.Kevah Works, designed from the ground up for facilities services such as cleaning, maintenance, and …

    (Sunnyvale, CA)- India's Supreme Court on Friday ruled in favor of Vodafone Group’s appeal against a $2.2 billion tax bill on its purchase of a 67% stake in India's Hutchison Essar Ltd.   The verdict gives much-needed clarity to foreign businesses that have been edgy about India’s tax regime, but the Indian government …

(Sunnyvale, CA)- China’s tax policy framework for 2012 largely focuses on reducing taxes for both individuals and small businesses to maintain economic growth and stability. China’s Ministry of Finance presented the tax policy framework for 2012 during the National Finance Work Conference in Beijing.   Tax incentive for small low-profit enterprises extended In 2011, the …

Orlando, Florida, January 14, 2012 – Virtual Fleet Supervisor, an industry leader in offering low-cost fleet tracking solutions, announces the addition of a new Director of Operations. David Walloch joins the VFS team from Export Solutions, Inc., a consulting firm in the export industry. Walloch, who has been the vice president of two different mortgage …

(Sunnyvale, CA) – The Brazilian Government recently announced new amendments to taxes on financial transaction regulations, which includes reduction of tax on foreign exchange transactions (Impostosobre Operacoes Financeiras – IOF) related to the inflow of resources within Brazil from 2% to zero. The rates are effective as of December 2, 2011. Zero tax is applicable to the …

Suwanee, GA – With radon being one of the leading causes of lung cancer today, it’s vital to bring attention to this often-overlooked danger. January is National Radon Month, making it a good time to purchase a home radon test kit or hire a professional radon mitigation contractor. Innovative Basement Systems is an expert on …

Nordisk Systems, Inc. would like to welcome John “JJ” Jaramillo to our team. John has an extensive background in the Information Technology field, specializing in hardware, software and professional services. John has built his reputation by his excellent account management working with State, Local, Government, SME, Federal Agencies and Fortune 1000 companies. Working with industry …

Competing against 27 other European cloud suppliers, eBuilder won the EuroCloud 2011 award for the ”Best Cloud Case, Private Sector.” This is the jury’s reasoning: “… In this business case, the alignment of eBuilder with its clients DHL/Alfa Laval proved remarkable and showed the potential of the cloud for distributed companies and at a critical …

Bangalore, India, December 09, 2011: Indiaplaza.com, the pioneers of online shopping in India since 1999, has announced the launch of Indiaplaza Affiliate Program. The program, gives all its users a chance to earn money by referring their friends, is one of the largest e-commerce affiliate programs in India. How the Program Works The users have to share the page …

  MILPITAS, CA – December 6, 2011 – Array Networks Inc., a global leader in application, desktop and cloud service delivery, today announced the immediate availability of its Microsoft-approved application delivery and load balancing solutions for Exchange™ 2010. The joint Array and Microsoft® solution delivers compelling economics and value for enterprises and service providers offering …

Lab Expansion from 250+ engineers to 400+ anticipated over next 18 months, further consolidating Avid’s Global R&D Footprint and Representing One of Ukraine’s Largest R&D Facilities McLean, VA – November 29, 2011 – GlobalLogic, Inc., a leader in software R&D services, announced today that Avid Technology (NASDAQ: AVID) plans to expand the company’s current R&D …

(Sunnyvale, CA) – Dormant companies in Italy will be paying a higher corporate tax rate in 2012 as per the new Italian tax law. Companies that can be considered ‘dormant’ will have to pay 38% corporate income tax (IRES) tax rate next year compared to the current rate of 27.5%. The corporate income tax increase …

China’s Ministry of Finance (MoF) and the State Administration of Taxation (SAT) issued a circular detailing Value Added Tax (VAT) incentives for software products and clarified certain implementation issues. Circular 100 which was released on October 13, 2011, will be effective from January 1, 2011 retrospectively. According to an earlier notice (Circular 25) issued by …

Oct 28, 2011 – With the debut of the new iPhone 4S, 1080p HD video has become one of the hottest topics: Movies and videos purchased from the iTunes Store are now encoded for the iPhone 4S at 1280 by 720 pixels (depending on the aspect ratio) — two times higher than before. Now iFunia, …

Move part of Foreign Capital Census Compliance Requirements (Sunnyvale,CA) – Brazilian companies, which have direct participation of non-residents in their capital stock as on December 31, 2010, are now required to provide a declaration to the Central Bank of Brazil by November 1, 2011. The declaration should contain certain financial and other related details of …

(Sunnyvale, CA) Nair & Co., a leading global integrated solutions provider helping companies expand overseas, announced its participation as a diamond sponsor at the 9th Annual MIT Sloan CFO Summit, the nation’s premier CFO event bringing together financial leaders from around the world and leading faculty from MIT. The Summit being held on  November 17, …

    (Sunnyvale, CA)- The Dutch State Secretary for Finance, recently announced that changes would be made to the ‘30% ruling regime’ for expatriate employees in the Netherlands, which is expected to come into effect in 2012.   Expatriate employees in Netherlands, working on a temporary basis can avail of “the 30% ruling regime”, resulting …

    (Sunnyvale, CA)- Expatriate employees in Netherlands, working on a temporary basis can avail of “the 30% ruling regime,” resulting in a 30% tax free employment income in hand. This provision was introduced by the Dutch Government to compensate them for specific expatriate costs. The State Secretary for Finance recently announced that changes would …

Sep 26, 2011 – iFunia, a professional developer of Mac multimedia processing tools, is pleased to announce that its featured product – YouTube Converter for Mac 3.3.0 now supports downloading YouTube HTML 5 videos. The support of HTML 5 helps Mac consumers enrich the high definition experience and get the most out of their digital …

  (Sunnyvale, CA)- The Italian Ministry of Economy has announced that it has approved the legislation of Law Decree no. 138 of August 13/2011 and Law Decree no. 148 of September 14/2011 which includes an increase in the rate of Value Added Tax (VAT) to 21% from the existing rate of 20%. The increased VAT …

Many Corps Receive “Fee” Collection Notices. (Sunnyvale, CA)- China’s state-run All China Federation of Trade Unions (ACFTU) has announced it aims create labor unions in 65% of the country’s foreign-invested enterprises by the end of the year 2011 and increase the percentages to 78% by 2012 and 90% by 2013. “The enforcement campaign is affecting …

(Sunnyvale, CA) – The Indian Ministry of Corporate Affairs has introduced a scheme which allows defaulting companies a chance to rectify non-compliances related to timely submission of documents (specifically balance sheets and annual returns) with the Registrar of Companies (ROC).  The scheme titled Company Law Settlement Scheme 2011, condones delay in filing of documents with …

Reading, United Kingdom, August 23rd 2011 – Online news release distribution specialist NeonDrum is proud to announce that it has become a Founder Sponsor of Seedcamp, the leading global micro seed investment fund and mentoring programme for technology companies. NeonDrum is providing distribution package prizes and specially discounted rates to all selected finalists and winners …

Aug 04, 2011 – After having it repeatedly tested on the Mac OS X Lion and receiving a series of positive feedbacks, iFunia, a professional developer of Mac multimedia software, is pleased to announce the availability of Media Converter version 3.2.0, with updates for Lion compatibility and a handful of new features, as well as …

Jul 12, 2011 – iFunia, a professional developer of Mac multimedia software, has added to its line of Mac video conversion software with the release of iFunia iPad Media Converter for Mac 3.0.0 which is specialized in converting media files to iPad-ready format on Mac OS. This program is capable of rip DVD and converts …

Jun 22, 2011 – iFunia, a professional developer of Mac multimedia software, is pleased to announce its media conversion software Media Converter 3.0.0 has been approved for the Mac App Store and is now available to buy for $24.99 (USD). iFunia Media-Converter is the ultimate solution for Mac users to convert video and audio, and …

Women drivers in Berkhamsted will enjoy a particularly warm welcome when they visit Roy Chapman Ltd as they have just been formally approved as the first female friendly garage in the area by FOXY Choice. Roy Chapman is now part of a growing network of UK garages to sign a female friendly promise to ‘never …

iFunia, a professional developer of Mac multimedia software, is pleased to announce the release of iFunia Media Converter for Mac the company’s most powerful Mac software which delivers a groundbreaking level of value to meet all the converting, ripping, editing and accelerating requests for popular media types including regular video, HD video, DVD and audio …