[By NBC-1TV E.H. Kim]Ebix, Inc. (Nasdaq:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that it has signed an agreement to acquire Montreal based Taimma Communications Inc., a leading provider of innovative E-Learning medical education solutions to the pharmaceutical, biotechnology and healthcare industries. Ebix also announced that Taimma would be immediately integrated into its A.D.A.M. Health Information Exchange Division. Ebix expects the transaction to be accretive to Ebix Earnings per Share (EPS). Ebix discl
[By NBC-1TV E.H. Kim]GuestLogix Inc. (TSX: GXI), the leading global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, announced today that it has released the XPDA-SP, an upgraded version of its original onboard handheld Point-of-Sale (POS) device. The next-generation onboard retailing technology is more than twice as powerful compared to its predecessor and helps airlines perform transactions faster, in a PCI-compliant and secure environment. This ultimately increases both passenger and flight attendant satisfaction. The XPDA-SP comes s
[By NBC-1TV E.H. Kim]The Russell Asia Pacific Index returned +11.1% year-to-date as of March 26, 2012. The Russell Asia Pacific Small Cap Index returned +11.7% for this same period, followed by the Russell Asia Pacific Large Cap Index which returned +11.0% and the Russell Asia Pacific Mid Cap Index which returned +10.1%. This year-to-date performance represents an about face from 2011, where the Russell Asia Pacific Indexes had negative performance across all cap tiers, with the Asia Pacific Small Cap Index leading negative performance with a (-16.3%) return for the year. “The performance disp
[by NBC-1TV E.H. Kim]GM Korea Company announced today that it sold 13,530 vehicles in the domestic market and exported 63,293 vehicles in March. Total sales for the month were 76,823 units, which was an increase of 22 percent from the last month, when GM Korea sold domestically and shipped 62,959 vehicles. GM Korea’s domestic sales in March registered a dramatic jump of 31.7 percent to 10,277 vehicles from the previous month. This was also an increase of 10.3 percent from 12,265 vehicles sold in March 2011. “Our outstanding sales performance in March was driven by the growing demand for our hi
[By NBC-1TV E.H. Kim]Efficient Drivetrains, Inc. (EDI), a global leader in advanced, high-efficiency PHEV and CVT solutions, today announced that Kenneth R. Baker, President and Chief Executive Officer of TechBroker LLC, joined its Board of Advisors. Mr. Baker has had a four-decade career in the automotive industry, where he has become a well-known expert on transportation electrification. He is perhaps best known as the ‘father’ of the EV-1, General Motors' groundbreaking all-electric vehicle. Mr. Baker was also recognized by A.D. Little as one of the leading research executives in the world,