Game, set but not quite match for Rickard's tennis court Nov 17, 2009
The civil action that was launched by ASIC in December 2001 is seeking compensation and to have Rich and Silbermann banned as company directors ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Court to hand down judgment on One.Tel Nov 17, 2009
NSW Supreme Court judge Robert Austin is set to hand down judgment in the Australian Securities and Investments Commission's (ASIC) civil case against Mr Rich and former One ... ASIC launched legal action in December 2001 seeking to ban both Mr Rich and Mr Silbermann from being directors and managers of companies ... ASIC claimed the pair misled the One. (Sydney Morning Herald -- Business)
ANZ increases size of hybrid share issue Nov 17, 2009
The offer opens on Wednesday, and a new prospectus, which includes the new margin and amount to be raised, will be lodged with the Australian Securities and Investments Commission (ASIC) ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Agencies brought into credibility fold Nov 13, 2009
ASIC's move yesterday is necessary. It has built on the moves of its counterparts in Europe and the US. It has taken the basic regulatory changes and hand-picked some extra best bits from other regimes ... As for better protection for retail investors, the ASIC move is simple. (Sydney Morning Herald -- Business)
Agencies pulled into ASIC net Nov 13, 2009
From next year ASIC will remove the exemption that protected the big rating agencies - Standard & Poor's, Moody's, and Fitch - from any liability for their ratings published in prospectus documents. ASIC said the changes would make the agencies ''accountable'' for the ratings published in product disclosure statements, prospectuses, or takeover documents ... As well as not holding an AFS licence, issuers of financial products could quote ratings without the agencies' consent, which ASIC said... (Sydney Morning Herald -- Business)
A thorny issue as Redflex Holdings chairman's wife is dragged into the battle for boardroom control. Nov 12, 2009
The stake was revealed after Thorney approached ASIC to issue beneficial interest tracing notices on Redflex stock ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Firepower chief wants green light to travel Nov 11, 2009
On Friday he surrendered his two passports, obeying an interim order by Justice Antony Siopis, who granted an ASIC application. Mr Johnston has been holed up in his mansion at Sorrento on the Gold Coast, but he appeared in court in Brisbane yesterday as proceedings were video-linked to Justice Siopis in Sydney and ASIC's lawyers in Perth ... Justice Siopis listed ASIC's application to stop Mr Johnston leaving the country for December 21 in Perth. (Sydney Morning Herald -- Business)
Arasan Chip Systems Releases ONFI 2.2 NAND Flash Controllers Nov 11, 2009
The IP core is easily implemented using a generic standard cell based flow combined with delay components that are part of a typical ASIC cell library. By integrating Arasan's NAND Flash Controller, SoC designers can interface to a variety of NAND memory devices via a standard ONFI interface. (Primezone Releases)
Signs of confidence in battle for talent Nov 11, 2009
GUD, the ASX and the ASIC will still require a copy of that document by close of business today ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Pearlstreet ticks Campbell Bros takeover Nov 10, 2009
On Tuesday lawyers for Campbell Brothers subsidiary Australian Laboratory Services Pty Ltd (ALS) announced a bidder's statement had been lodged with the Australian Securities and Investment Commission (ASIC) ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Australia's Market Regulator Considering Changes to Retail Bond Rules Nov 10, 2009
ASIC is meeting market participants to discuss proposed changes and will provide an update by Christmas, Commissioner Belinda Gibson told a business gathering in Sydney today. We are in discussions with a number of players in the market about this question of debt-raising, Gibson said. (Bloomberg -- Australia & New Zealand)
ASIC urges crack down on info leakage Nov 10, 2009
"ASIC thinks there needs to be more work done on how confidential information is handled," Ms Gibson said at a corporate finance conference in Sydney ... Ms Gibson said ASIC was aiming to release a consultation paper in December on the issue ... ASIC consultations so far had found that the practice of sounding, where financial advisers talk to fund managers and brokers to judge the demand for a company's stock, were lax as there was a culture that assumed everyone would do the right thing. (Sydney Morning Herald -- Business)
This week, Cameron Clyne and his team at National Australia Bank faced a deluge of embarrassing news. Nov 10, 2009
Next, ASIC rapped the bank on the knuckles for sending American Express cards to NAB Qantas Gold account holders, even though customers had not applied for them ... It yesterday ''acknowledged the concerns of ASIC'', agreed to take back the cards and will write to Qantas Gold Card customers with an explanation and apology ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Defuse debenture risk Nov 9, 2009
Since June 2006, ASIC estimates the money invested in debentures has more than halved ... ASIC released its second review of this part of the market last month and found that while retail investors were being told more about the true nature of these investments, investor protections need further strengthening ... ASIC reveals it took regulatory action against 11 issuers due to concerns about their ads. (The Age, Australia -- Business)
NAB to offer Amex card cancellation Nov 9, 2009
The Australian Securities and Investment Commission (ASIC) said in a statement on Monday that it was concerned that NAB had contravened the ASIC Act by sending an unsolicited credit or debit card without a request in writing, or as a replacement for a card of the same type. ASIC said NAB had responded constructively to the commission's enquires and would write to all its customers ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Centro bid to contain class action Nov 7, 2009
Last month, ASIC started action against two current and four previous directors as well as two former Centro executives (eight in total) about allegations they should have known the company incorrectly classified $1 ... Yesterday, the group said the special matters committee would be comprised of all non-involved directors to deal with the ASIC proceedings and consider any corporate governance implications for Centro ... The decision to form the committee has been made to show some independence... (Sydney Morning Herald -- Business)
Retirees investing way out of their depth Nov 6, 2009
" Retirees in their 60s wanting to earn an income from their life savings say they were promised returns of 20 to 25 per cent on every $100,000 they invested with the firm for conservative options trading. And so people like Mike Rowston, Ann Tyson, John and Yvonne Schweicker, and Ken and Noelene Winton opened accounts. The relationship started well, they say. The broker traded options on a few blue-chip stocks conservatively, made some good money for them and everyone was happy. ''The market... (Sydney Morning Herald -- Business)
Lightning-fast buck Nov 6, 2009
And accounts just lodged with ASIC show that despite the global financial crisis, Tibra posted a $77 ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Firepower boss surrenders passport Nov 6, 2009
The Australian Securities and Investments Commission (ASIC) moved swiftly on news of his arrival, applying for an injunction to prevent the globe-trotting businessman from leaving the country ... Mr Johnston has been named as a defendant in Australian Securities and Investments Commission (ASIC) proceedings ... ASIC alleges Firepower and its subsidiaries failed to properly disclose to shareholders company information such as prospectuses, contravening the Corporations Act. (Sydney Morning Herald -- Business)
Authorities scramble to prevent Firepower boss from leaving country Nov 5, 2009
Mr Johnston's company is being investigated by ASIC over the loss of $100 million of investors' funds ... ASIC was trying to serve Mr Johnston with a Federal Court order stating he must hand his passport in to the court by midday tomorrow, The West Australian said ... ASIC's lawyers said Mr Johnston had left Australia on March 23 last year, and ASIC had been investigating Firepower on the basis he was unlikely to return. (Sydney Morning Herald -- Australia)
3Leaf links 32 AMD chips in one server Nov 4, 2009
Startup 3Leaf Systems has released an ASIC that can link 32 Opteron processors into a single server ... The design basically creates a symmetric multiprocessing system using either 10 Gbit/second Ethernet or 20 Gbit/s Infiniband as a virtual backplane ... 3Leaf hopes the systems could be useful for data warehousing apps where developers want to get an entire database in the DRAM memory of the 16 two-way servers the ASIC currently supports. (EETimes)
ASIC accuses MFS five of deceit on $150m loan Nov 3, 2009
The major difference is that ASIC is seeking to recover $147 ... The transactions ASIC is challenging, it says, used $150 million borrowed from Royal Bank of Scotland by PIF that was instead spent on repaying MFS's debt to Fortress and to fund redemptions in a New Zealand offshoot ... ASIC's allegations, pieced together from its investigation of email and computer document trails, go on to say that the PIF deal, and a separate $17. (Sydney Morning Herald -- Business)
The SEC could have busted Madoff as early as 1992 if it had followed basic forensic procedures. Nov 3, 2009
Kotz concludes that the SEC could have busted Madoff as early as 1992 if it had followed basic forensic procedures ... In an interview with Kotz that has just been released, along with hundreds of other documents, even Madoff said he had been stunned that his ''very basic'' rort went undetected for so long, until December last year ... The SEC staffer asked such basic questions that the NASD official contacted the SEC to say that he did not believe the SEC understood the subject matter well... (Sydney Morning Herald -- Business)
'Clients were hysterical, we were hysterical' Nov 3, 2009
It basically was: `It's Storm's fault, it's Storm's fault, it's Storm's fault ... Ms Cassimatis said she could not recall any discussion about trading while insolvent, said to have taken place as early as December 14 and would still not accept the prospect when Storm chiefs met with ASIC before Chrismas 2008 ... She said ASIC later tried to have the Cassimatises sign an enforceable undertaking banning them from speaking to clients, but the couple refused because it would have made the company... (Sydney Morning Herald -- Business)
Chart Announces Opening of JV Manufacturing Facility for Air Cooled Heat Exchangers in the Middle East Nov 3, 2009
CLEVELAND, Nov. 2, 2009 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (Nasdaq: - ), a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, today announced that Abahsain Specialized Industrial Co. Ltd. ("ASIC"), a joint venture in which Chart's Energy & Chemicals business ("Chart E&C") participates, has opened its manufacturing facility in Dammam, Saudi Arabia ... "ASIC has significant technical... (Primezone Releases)
MICHAEL WEST Nov 3, 2009
ASIC yesterday issued an urgent interim stop order forcing Trio Capital to remove the product disclosure statements for its Astarra Managed Funds from its website. Jamie Freed and Michael West12. (Sydney Morning Herald -- Business)
Multiplex arms AWB Oct 31, 2009
The Corporations Act requires managed investment schemes to be registered, unless ASIC grants an exemption ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Planner PIS to pay $5.9m for Westpoint debacle Oct 31, 2009
PIS was one of seven Australian financial planners that ASIC commenced legal action against in the wake of the Westpoint collapse ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Investors win $6m payout over Westpoint collapse Oct 30, 2009
PIS was one of seven Australian financial planners that ASIC launched legal action against in the wake of the Westpoint collapse ... The PIS settlement is the first since ASIC began "global mediation" to seek compensation from those companies and individuals ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Updated: Juniper challenges Cisco on the edge Oct 30, 2009
The company is said to have as many as 1,200 ASIC designers who develop more than a dozen ASICs currently in use in its systems. It would not say exactly how many engineers worked on the new chip set. (EETimes)
Thorney issue raises more heat over Redflex Oct 29, 2009
After ASIC issued these notices, Elizabeth Cooper last week lodged a Form 603 substantial holder notice with the ASX, declaring ''possible relevant interest'' in 12 ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Emulex Readies Single-Chip CNAs for Converged Networks Oct 28, 2009
A lack of a single-ASIC CNA doesn't appear to have hurt Emulex too badly, as the company last week reported 160 percent sequential quarterly growth in CNA sales. A single ASIC is always a development goal, said Walsh, but the value of converged networks lies in cable and infrastructure savings. (EnterpriseStorageForum)
ASX report sheds light on bad dealings Oct 28, 2009
Last financial year there were 88 referrals to ASIC, 20 suspected continuous disclosure breaches, 14 suspected market manipulation breaches and 31 suspected insider-trading cases ... He wants ASIC to take a look at what led Telstra's largest shareholder, the Future Fund, to sell down its stake in the weeks preceding a government report on its plans to structurally separate Telstra's wholesale and retail businesses ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Tilera announces plan for 100-core processors Oct 27, 2009
4 Gbits/second using a set of homegrown ASICs and FPGAs ... Rather than re-spin all its ASICs and FPGAs, the company started looking for alternatives from fables startups ... "The hard part was converting our software from the ASIC and FPGA design, nothing specific to the Tilera software which was quite straightforward," said Paquette. (EETimes)
3-axis MEMs gyro chip debuts Oct 27, 2009
The device is based on the patented Nasiri process, invented by the company's CEO, which caps the analog MEMS chip with an ASIC of the same size, thereby protecting the delicate MEMS resonators from contamination without adding bulk to the package. Each ITG-3200 chip will cost $3. (EETimes)
Senate seeks info on Telstra share sale Oct 26, 2009
Family First senator Steve Fielding successfully moved a motion calling on the Australian Securities and Investments Commission (ASIC) to provide a report on its oversight of the share sale. The Future Fund Board of Guardians was also asked to explain the share sale. (Sydney Morning Herald -- Australia)
Fresh suspicion over Storm Oct 26, 2009
ASIC's investigations are continuing and no charges have been laid ... Businessday has seen an ASIC document that states Storm Financial, Commonwealth Bank, Macquarie Bank and Challenger Financial Services are under investigation for "suspected contraventions" of several aspects of corporate law ... An investor in Storm Financial, Brian Taylor, yesterday welcomed any moves by ASIC to hold Storm Financial and Mr Cassimatis accountable. (Sydney Morning Herald -- Business)
All go for Trio redemptions Oct 26, 2009
ASIC has issued an urgent stop order that forced Trio to remove the product disclosure statements from its website and stopped it from receiving new inflows or transferring interests in the funds ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Australia's Future Fund to Be Investigated on Telstra Sale, Senator Says Oct 26, 2009
ASIC will investigate the sale of all Telstra stock in the past 12 months and report to the Senate on Nov. 16, he said ... We will be happy to confirm this fact in response to any request from ASIC. ... Georgie Morell, an ASIC spokeswoman, said the organization doesnt comment on operational issues. (Bloomberg -- Australia & New Zealand)
Pacific fund new manager gets extension Oct 25, 2009
BalmainTRILOGY took over as the new manager on July 20 and faced a September 30 lodgment deadline before asking the Australian Securities and Investments Commission (ASIC) for extra time to prepare the accounts. ASIC has agreed, giving the manager until November 15. (Sydney Morning Herald -- Business)
Action on planners' incentives Oct 24, 2009
ASIC has called for a ban on rebates, which are shelf-space fees paid by product creators that are sometimes received by financial planner groups. And ASIC's call for a ban on commissions makes no distinction about insurance products ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
When the small print leaves us all at sea Oct 24, 2009
On a wider scale, ASIC has announced an awareness campaign classifying investments that are inside and outside ''the flags'' in terms of the risks they involve ... Much attention has been given to a recent speech by the ASIC chairman, Tony D'Aloisio, in which he raised the possibility of ''product suitability tests'' at the retail level ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Playing the game of the name Oct 23, 2009
This protection is reasonably narrow, although ASIC banned an individual in March 2009 who emailed traders saying there was a run on a cash management trust ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Lawsuit likely against PwC over Centro debt Oct 23, 2009
ASIC's statement of claim says a PwC partner, Stephen Cougle, told the Centro board's audit committee on September 5 that ''he could give comfort that PricewaterhouseCoopers had signed off the full accounts, including the remuneration report ... seeking more than $1 billion in compensation for investors are likely to have had access for several months to material similar to the evidence gathered by ASIC. ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Case to cover gamut of corporate responsibility Oct 22, 2009
The statement of claim says that ASIC is in possession of the minutes of a meeting of the audit committee of Centro's board on September 5, 2007 ... ASIC will say all eight defendants had all relevant information at the critical time ... ASIC has collected a truckload of documents which it claims will prove that all eight defendants knew. (Sydney Morning Herald -- Business)
Centro a case study in crisis management Oct 22, 2009
ASIC's legal action against five former Centro directors, two current directors and the group's former chief financial officer isn't going to generate any argument about whether Centro misrepresented the extent of its short-term debt exposure in the second half of 2007 ... The civil proceedings ASIC launched yesterday centre on that $1 ... ASIC will be producing detailed information on board meetings, board sub-committee meetings and internal briefings about Centro's tightening debt squeeze in... (Sydney Morning Herald -- Business)
ASIC puts urgent stop order on funds Oct 21, 2009
ASIC has made no public disclosure about that case - including the fact that it was filed - under the direction of a NSW Supreme Court judge ... The nature of ASIC's complaint against Mr Richard and Mr Liu is unclear, because the judge in the case has barred the corporate regulator from releasing any details to media ... A copy of the interim stop order that forced Trio to remove the Astarra product disclosure statements from its websites yesterday was not available, and ASIC would not provide... (Sydney Morning Herald -- Business)
AWB probe dragged in consultants, court hears Oct 21, 2009
It is alleged by the Australian Securities and Investments Commission (ASIC) that Mr Lindberg knew or ought to have known that bribes totalling $US225 million were paid to Saddam Husseins evil Iraqi regime in exchange for wheat sales ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Thorpe moves to scuttle doping claims Oct 21, 2009
October 19, 2009 08:41pm AEDT. IAN Thorpe has provided the country's drug testing agency with medical evidence in an attempt to clear his name of doping. (Yahoo News -- Swimming)
Duty breach claim: ASIC targets Centro Oct 21, 2009
ASIC investigates Centro ... Those in ASICs sights include several high-profile Melbourne directors including Centro Properties former chairman, Brian Healey, its departed chief executive, Andrew Scott, as well as Paul Cooper, the group's current chairman ... In a statement this morning, ASIC said Mr Healey, Mr Scott, former directors Sam Kavourakis, Peter Graham Goldie and Louis Peter Wilkinson, along with two current directors, Paul Ashley Cooper and James William Hall, and Centros... (Sydney Morning Herald -- Business)
Former AWB boss faces more action Oct 19, 2009
As the corporate regulator this morning opened a case against Mr Lindberg in the Victorian Supreme Court, alleging that he breached his duties to AWB because he knew about the illicit payments and failed to halt them, the court heard that ASIC had emailed his lawyers on Friday and revealed it may begin a new court case. Mr Lindberg's counsel David Collins SC told Justice Ross Robson that his legal team received an email from ASIC's lawyers after hours on Friday, which they read on Saturday ...... (Sydney Morning Herald -- Business)
Tabcorp Holdings has dealt a blow to Sydneysiders itching to tear down the fibreglass rock in the main atrium of Pyrmont's Star City casino. Oct 19, 2009
The ''no'' vote was recommended by the proxy advisory firm RiskMetrics, which expressed its concerns that the ASX had been neglecting its duties as a market supervisor (and as a consequence could lose them to ASIC) ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
BrisConnections' loose ends come together Oct 17, 2009
The one remaining issue to be resolved is a ''please explain'' ASIC has sent to the ASX. The corporate plod wants to know how BrisConnections traded at 0 ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
LSI and Accton Announce Platform for Delivering IPTV and Rich Media Services Over Broadband Networks Oct 15, 2009
The company leverages its advanced software applications and state-of-the-art ASIC to join forces with its strategic partners to design, develop and manufacture innovative technologies in Zero Time. Accton Technology provides, lines of Carrier-Class CO devices and CPE gears, End-To-End solutions, which are used in all kinds of FTTx services and enable integrated voice, video and high-speed internet access. (Yahoo! Wire -- Entertainment News)
Botched placement shows intensity of pressure Oct 15, 2009
65 billion from institutions last December, hours before it publicly announced that its estimate of loan losses in the global crisis had risen, but the sin is not as flagrant as its agreement to pay a $100,000 fine to ASIC suggests ... ASIC acknowledged yesterday that higher loan provisions would have pulled CBA's profit down ''unless offset by other factors'', and those factors existed: loan and deposit volumes were rising quickly as non-bank lenders withered, and investors moved funds into... (Sydney Morning Herald -- Business)
CBA raises hackles in rejecting ASIC finding Oct 15, 2009
ASIC yesterday claimed CBA knew about the revised bad debts at about 3pm, but didn't tell Merrill until 3 ... Rather than being drawn into the CBA and Merrill dispute, ASIC said the bad-debt position should have been disclosed to all shareholders ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
In the post global financial crisis world of regulation, ''disclosure'' is the new black. Oct 15, 2009
At first glance ASIC looked like it was playing some kind of joke ... If ASIC was looking at a deterrent for others that are tardy with their market updates then it has failed miserably ... In levelling a fine on the Commonwealth Bank you would expect that this means that ASIC has found that the bank is in breach of the Corporations Law. (Sydney Morning Herald -- Business)
Missing forms upset Myer float parade Oct 15, 2009
According to ASIC, the CBA only became aware of the $600 million blowout in its full-year LIE at 3pm on the day of the first attempted raising, after it had already asked Merrill to sound out the institutional investors on the proposed raising ... At least Sir Ralph was a good sport about it yesterday, noting how ''disappointed'' he was at the ASIC decision ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Section Navigation Oct 14, 2009
ASIC has fined CommBank $100,000 over its alleged failure to meet disclosure obligations in relation to a capital raising ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
C00004000BA fined over poor disclosure in cap raising Oct 14, 2009
Commonwealth Bank has copped a $100,000 fine from the Australian Securities and Investment Commission (ASIC) over alleged failures to disclose market sensitive information relating to its botched $2 billion capital raising last December ... ASIC believes that CBA was obliged to immediately notify ASX of the expected rise in the full-year loan impairment expense to gross loans and acceptances ratio to around 60 basis points, from before between 40 and 50 basis points - a difference of as much... (Sydney Morning Herald -- Business)
Australia spruiks financial regulation credentials Oct 13, 2009
Australias twin peaks regulatory model, which gives ASIC, APRA and the Reserve Bank of Australia clear and distinct mandates with little overlap, had reinforced the Australias regulatory strength and made the economy more resilient as the downturn set in, the Finsia report noted ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Two years passed before Jeffrey Lucy accepted his first boardroom seat after stepping down as chief corporate plod. Oct 13, 2009
The Regis board protested loudly to ASIC and the Takeovers Panel over what it considered some questionable share buying ahead of the vote ... The Takeovers Panel decided it had no right to interfere, because ownership of the company was not in question, while ASIC showed no interest in getting involved ... St GeorgeBasic Home Loan. (Sydney Morning Herald -- Business)
Defend against a net loss Oct 12, 2009
So are basic safeguards such as having up-to-date computer security software, doing an annual check of your credit file (I Can Do That, September 2) and checking your account statements. The Australian Securities and Investments Commission (ASIC) says if you are transacting online, you should ensure the website is secure ... ASIC suggests you change your passwords frequently and store them in a secure location. (The Age, Australia)
AWB bid to examine ASIC inquiry files fails Oct 10, 2009
AWB fails in bid to examine ASIC inquiry files ... AWB fails in bid to examine ASIC inquiry files ... ASIC alleges Mr Lindberg breached his fiduciary duties because he knew about the estimated $300 million of payments to Saddam Hussein's former regime and failed to do anything to halt them. (Sydney Morning Herald -- Business)
Photon detector could power high-end imaging systems Oct 8, 2009
It does not need a separate digital readout ASIC today's analog arrays require. Philips engineers hope to use the chip as a block in a larger 8x8 array they plan to prototype by the end of the year. (EETimes)
