Nuvilex COO Highlights Advantages And Applications Of Platform Cell Encapsulation Technology For Cancer, Diabetes, And Stem Cells During Recent Interview With SmallSector.com

SILVER SPRING, Md., Dec. 18, 2012 (GLOBE NEWSWIRE) — Nuvilex, Inc. (OTCQB:NVLX), an international biotechnology provider of cell and gene therapy solutions, announced today that major aspects of its core, “platform,” cell encapsulation technology were discussed recently by Nuvilex’s COO, Dr. Gerald W. Crabtree, during an interview with SmallSector.com. Advantages of Nuvilex’s cell encapsulation technology, as well as its possible applications in the development of treatments for serious, debilitating, and even fatal diseases were emphasized.

In discussing Nuvilex’s unique, proprietary cell encapsulation technology, Dr. Crabtree noted our capsules (composed largely of cellulose) are “inert” in the body, are “tiny” and can contain large numbers of cells. In order for the cells to remain healthy, the capsules have “pores” through which nutrients for the encapsulated cells enter and waste products and “beneficial” factors produced by the cells are able to exit.

Advantages of our cell encapsulation technology mentioned include: (a) it is a ” platform” upon which treatments for many diseases may be built – virtually any type of cells (e.g. drug-activating cells, drug-producing cells, stem cells, probiotic bacteria) can be encapsulated with only very minor modifications of our process; (b) it is “mature” and has been developed and validated using Good Manufacturing Practices (GMP) standards, a requirement for approval by drug regulatory agencies such as the FDA; (c) our capsules are composed largely of cellulose, thus, they are inert – they do not elicit any damage to normal body tissues near the capsules, and the size of the pores in the capsules does not permit the encapsulated cells to leave the capsules, nor does it allow cells of the body’s immune system to enter the capsules to attack, and reject, the cells themselves; (d) encapsulated cells can be frozen and stored for long periods without undue damage [necessary for shipment of cells to distant locations].

Pancreatic cancer is the fourth deadliest form of cancer worldwide. According to the American Cancer Society, about 42,000 people in the US alone are expected to be diagnosed, with about 38,000 deaths expected in 2012. Only Gemzar® has been approved by the FDA as a single agent for the treatment of advanced, non-surgically-removable (non-resectable), pancreatic cancer; it is the “gold standard” in this regard. We have conducted two “mid-phase” clinical trials in patients with this cancer where “our treatment” (combination of the cancer drug, ifosfamide, with encapsulated cells capable of converting ifosfamide to its “cancer-killing” form) was used. Results from these trials included: (a) median survival time and one-year survival rate were almost doubled as compared to historical data for Gemzar®; (b) severity of ifosfamide’s side effects were reduced because 1/3 of its usual dose was used; (c) no damage to tissues surrounding capsules was seen; (d) cells within the capsules were protected from attack by the patients’ immune systems; (e) cells inside the capsules were alive and functioning – even after more than two years. Preparations have begun for a large-scale trial where 50% of patients with advanced pancreatic cancer will be treated with “our treatment” and 50% will receive Gemzar®. The studies are planned for multiple sites in multiple countries. If results from our previous studies are confirmed, this treatment could replace Gemzar® as the “gold standard” for the therapy of this devastating disease.

Diabetes has been diagnosed in 371 million people worldwide and 187 million others may have undiagnosed disease. The market for diabetes medicines has been projected to approach $65 billion by 2020. In the interview, the results of a study in which pancreatic islet cells (responsible for producing insulin) from pigs were implanted into diabetic rats, were summarized. Within days, the rats’ blood glucose levels were normal, and remained so for the duration (6 months) of the study. At the end of the study, the cells were alive and still producing insulin. As in our pancreatic cancer trials, the cells from pigs were protected from attack by the rats’ immune systems; this would have undoubtedly occurred if they had not been encapsulated. In effect, we have developed a type of “artificial pancreas.” This study is planned to be repeated as mentioned recently in collaboration with Dr. Eva Brandtner of VIVIT in Austria, and if successful, will lead to clinical trials in humans.

Stem cells as treatments are projected to have a market of $6.6 billion by 2016. Unfortunately, the development of treatments for many diseases using stem cells has been problematic. When “naked” (unencapsulated) stem cells are transplanted, about 50% of such transplantations fail.  Stem cells typically migrate to distant locations within the body and, as a result, “abnormal” growths (including tumors), occur far from the transplantation site. Stem cells can be attacked by the body’s immune system, in some cases even when encapsulated, if technology different from ours is used. Our technology has the potential to alleviate the challenges just mentioned. In our pancreatic cancer trials, encapsulated cells remained where they were implanted, were not attacked by the patients’ immune systems, and survived and functioned for at least 2 years in the body without stimulating immune response toward them. Negotiations are in progress with biotech and pharmaceutical entities about using our encapsulation technology with stem cells.

The President and CEO of Nuvilex, Dr. Robert Ryan, stated, “We want to thank SmallSector.com for contacting us and interviewing Dr. Crabtree about the potential uses of our platform cell encapsulation technology in the cancer, diabetes, and stem cell areas. Due to interview time constraints, numerous other possible uses including treatments for other cancers, production of therapeutic antibodies, in the biotechnology sector, and its use with probiotic bacteria, to name but a few, were not discussed. However, through this interview we hope the investment community will be able to get a glimpse of our cell encapsulation technology and its wide array of applications.”

The interview with Dr. Crabtree can be viewed at SmallSector.com.

About Nuvilex

Nuvilex, Inc. (OTCQB:NVLX) is an international biotechnology provider of live therapeutically valuable, encapsulated cells and services for research and medicine. Important advances are moving Nuvilex and its partner, Austrianova Singapore, forward. We hope to bring some of these advances to fruition in the near future. Our company’s clinical offerings will include cancer, diabetes and treatments for other diseases using the company’s cell and gene therapy expertise and live-cell encapsulation technology.

The Nuvilex, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13494

Safe Harbor Statement

This press release contains forward-looking statements described within the 1995 Private Securities Litigation Reform Act involving risks and uncertainties including product demand, market competition, and meeting current or future plans which may cause actual results, events, and performances, expressed or implied, to vary and/or differ from those contemplated or predicted. Investors should study and understand all risks before making an investment decision. Readers are recommended not to place undue reliance on forward-looking statements or information. Nuvilex is not obliged to publicly release revisions to any forward-looking statement, reflect events or circumstances afterward, or disclose unanticipated occurrences, except as required under applicable laws.

CONTACT: Investor Relations Contact:
Marlin Molinaro
Marmel Communications, LLC
Ph: (702) 434-8692
mmolinarofc@aol.com

Michael Wood, Balfour Beatty Construction Division COO in Florida to Retire at Year-end  Join our daily free Newsletter

Michael Wood, Balfour Beatty Construction Division COO in Florida to Retire at Year-end

After 37 years of service with Balfour Beatty Construction, Michael Wood, Executive Vice President and Division Chief Operating Officer in Florida since 2000, will retire on December 31.

ORLANDO, Fla., Dec 18, 2012 (Menafn – GLOBE NEWSWIRE via COMTEX) –via PRWEB – After 37 years of service with Balfour Beatty Construction, Michael Wood, Executive Vice President and Division Chief Operating Officer in Florida since 2000, will retire on December 31.

“For more than three decades, Mike has built many things: iconic buildings, successful teams, reputation for integrity, and a long list of people who respect him,” said Ray Southern, Division CEO of Balfour Beatty Construction in Florida who is also retiring at the end of 2012. “Mike is a mentor and a true leader who will leave a legacy hard to match. I could not have asked for a better partner to have worked with for so many years.”

Wood committed his full career to Balfour Beatty Construction. He began his career in 1975 in Little Rock, Arkansas as a project engineer with Frank J. Rooney, Inc. which later became Centex Construction and now operates as Balfour Beatty Construction. His proven ability to lead successful project teams and build long-lasting client relationships earned him promotions to the executive level where he was named vice president in 1985 and senior vice president in 1996.

In preparation for the retirement of both Wood and Southern, and as part of the company’s succession plan that started two years ago, Sean DeMartino was named the Division President for Florida in September 2011.

“Mike’s passion for our business, his tireless sponsorship for others, and selfless, consistent dedication to our firm has been a rock that we have all relied upon,” said Sean DeMartino, Division President of Balfour Beatty Construction in Florida. “His example will continue to serve as the standard for what it really means to honor others with your time as we support and build careers and our client’s dreams. His legacy at Balfour Beatty will live on through all of those that he has helped bring their dreams to reality because he really cared.”

Wood’s professional portfolio includes projects in the southwest and southeast United States, as well as the U.S. Virgin Islands. In addition he was a member of the Orange County Chamber of Commerce Leadership Orlando – Class 44. Wood also participated as a trustee member of the Kissimmee/Osceola County Chamber of Commerce, the Foundation for Osceola Education, Inc., and the National Conference of Community and Justice.

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/BalfourBeattyConstruction/MikeWoodRetires/prweb10253489.htm

CONTACT: Balfour Beatty Construction
Connie Oliver
coliver@balfourbeattyus.com
214.451.1066

Former President, Corporate Development & Strategy, Takes on Newly Created Position Expanding RelativityREAL’s International Finance and Distribution

New Role Part of Company’s Focus on International Growth and Expansion

BEVERLY HILLS, Calif., Dec. 18, 2012 /PRNewswire/ — Relativity Media is proud to announce that Andrew Marcus has been promoted to Chief Operating Officer of RelativityREAL. The announcement was made by Tom Forman , Chief Executive Officer, RelativityREAL, to whom Marcus will directly report commencing in January. In this newly-created role, Marcus, who formerly served as President of Corporate Development & Strategy for Relativity Media, will focus on expanding RelativityREAL’s international finance and distribution as part of growth of RelativityREAL’s worldwide programming exposure.

Forman said, “Having helped structure Relativity Media’s network of co-finance and distribution partners, Andrew’s the right guy to help us forge new models in television. Andrew’s relationships and experience will be invaluable as we craft new ways to produce bigger television series at lower prices and zero risk.”

Marcus said, “I am very pleased to be furthering my role within Relativity and building upon my relationships with our foreign partners to enhance Relativity’s presence in the world of television.”

In his former role, Marcus helped oversee Relativity Media’s foreign partnerships with companies such as Alliance Films (Canada), Momentum Pictures (UK), Tripictures (Spain), Nordisk Film (Scandinavia/Iceland), A-Film Distribution (Benelux), Entertainment in Motion (International Airlines), Sky Land (China), Senator Entertainment (Germany/Austria), Studio Solutions Group (Taiwan), Roadshow Films (Australia/New Zealand), Village Roadshow Film Distributors (Greece), Golden Village (Singapore), Nu Metro (South Africa), Imagem (Latin America), Netflix (Latin America Pay TV), Sahamongkol Film International (Thailand), MGN Films (CIS/Eastern Europe), Gulf Films (Middle East),  Aqua/Pinema Group (Turkey) and Ascot Elite (Switzerland). To date, Relativity’s films have grossed almost $1 billion at foreign box offices, with successful worldwide releases of such films as “Immortals,” “Dear John,” “The Fighter,” “Season of the Witch,” “Mirror Mirror,” “The Forbidden Kingdom,” “The Spy Next Door” and “Limitless.”

RelativityREAL has been effective in applying Relativity Media’s risk-averse method of film financing to television, most recently celebrating the success of “Catfish: The TV Show,” the television adaptation of Relativity’s hit documentary thriller, which became MTV highest-rated 11:00 p.m. premiere in the network’s history. Additionally, RelativityREAL’s “LOLWork,” the outrageously funny work-place documentary series premiered last month on Bravo and its hit series “The Mortified Sessions” returned for its second season on the Sundance Channel this fall. RelativityREAL’s original series “American Bible Challenge,” hosted by Jeff Foxworthy on the Game Show Network (GSN), also premiered this summer – to GSN’s highest ratings in its 17-year history – and was renewed for a second season. RelativityREAL currently has 70 projects in active production, including 17 original series airing on television or in the upcoming season.

ABOUT RelativityREAL
Under the leadership of award-winning producer Tom Forman (“Extreme Makeover: Home Edition,” “Kid Nation”), Relativity’s television arm launched in June 2008. The division has quickly become one of the country’s largest suppliers of unscripted television and has produced such shows as “Police Women” for TLC, “Coming Home” for Lifetime and “The Great Food Truck Race” for Food Network. Additionally, the division is developing a slate of scripted sitcoms, dramas, and sketch comedy series to be released in the upcoming year. Most recently, RelativityREAL partnered with YouTube and will be launching a channel next year.  RelativityREAL’s executive ranks are bolstered by overall production deals with TV veterans Jay Blumenfield and Tony Marsh , Ashley Tisdale ‘s Blondie Girl Productions, Ellen Rakieten (“The Oprah Winfrey Show”), Ray Ricord , Bogner Entertainment and This is Just A Test Productions.

DynamicSignals Announces New President and COO André Lareau; Advanced Technology Veteran and Former General Manager of Moog QuickSet Joins Data Acquisition Solutions Leader

DynamicSignals LLC, a leading provider of high-performance data acquisition products and integrated system solutions, today announced the appointment of André Lareau as DynamicSignals’ President and Chief Operating Officer, effective December 3, 2012.

André brings more than 36 years of advanced technology experience to his new role having previously served as General Manager of Moog QuickSet, a manufacturer of rugged and durable tripods and electro-mechanical positioning systems for a wide variety of US and International markets.Moog QuickSet was formerly QuickSet International, Inc., where Mr. Lareau served as President and CEO until 2007 when the company was purchased by Moog, Inc. Thanks to his leadership, Quickset became a major supplier to industrial customers and military and government agencies including NASA, the Border Patrol and Coast Guard.

“We are pleased to welcome a seasoned, high technology business executive such as André, to continue to build upon DynamicSignals’ successes in the data acquisition industry worldwide,” said Bill Boston, Board Chairman and Chief Executive Officer. “With his proven experience of managing and directing high technology companies to make them world leaders, André is the ideal person to lead and create new opportunities for DynamicSignals,” Boston added.

Prior to joining Moog QuickSet, André served as Vice President of engineering at Recon/Optical, where he managed a staff of 116 engineers, scientists and technicians in opto-electronics, servo-mechanical and software technologies. He invented and developed a breakthrough electronic imaging product line, which included several new camera models, and was later promoted to Vice President of Advanced Reconnaissance Business. In this capacity, he was responsible for developing and leading the international marketing campaign for those camera products in Europe, the Middle East and the Pacific Rim.

“I am very excited to join DynamicSignals as President and Chief Operating Officer,” said Lareau. “I look forward to applying my expertise growing high technology companies. We will continue to introduce innovative, new, data acquisition products and solutions to further broaden the market for DynamicSignals’ brands including GaGe, KineticSystems, and Signatec.”

About DynamicSignals

DynamicSignals LLC ( DynamicSignals.com ) provides high-performance, accurate, and reliable data acquisition and control solutions.

GaGe, KineticSystems, Signatec, Preston Scientific and Cyber Systems, all brands of the DynamicSignals growing family, serve a wide-range of industries by providing instruments and modules for PC-based test and measurement systems and synthetic instrumentation built on the PCIe/PCI, USB, ExpressCard, cPCI/PXI, VXI and proprietary platforms.

DynamicSignals’ products are used across diverse industries such as Communications, Computers, Military/Aerospace, Fundamental Research, and Education. Applications served are Manufacturing Test, Radar (SIGINT), Ultrasonics, Lasers/LIDAR, Spectroscopy, Automated Test Equipment, etc.

For more information on DynamicSignals or any of its products, contact the company at 900 N. State Street, Lockport, IL 60441.

Telephone 1-800-DATA-NOW or 1-815-838-0005

Ametek, Inc. (AME: Quote) on Tuesday named David Zapico Executive Vice President and Chief Operating Officer, effective January 1.

Zapico has held a variety of engineering and general management positions since joining Ametek’s Process & Analytical Instruments Division in 1990 as a Product Engineer. He was promoted to Division Vice President of the Process Instruments business Unit for the Process & Analytical Instruments Division in 1996. In 1999, Zapico was named Vice President and General Manager of AMETEK’s Aerospace and Power Instruments Division. In 2003, he was named President, Electronic Instruments.

A spate of recalls on Ford Motor Co. (F)’s redesigned Escape sport-utility vehicle and Fusion sedan, among its most important offerings, is not slowing sales of those models, the company said yesterday.

“Our sales are doing well and the perception of our products are doing well,” Chief Operating Officer Mark Fields, 51, told reporters yesterday after a ceremony in Detroit. “But we understand that’s a very precious thing and we’re working very hard every day to deliver that quality.”

Chief Executive Officer Alan Mulally made quality a cornerstone of his turnaround plan for the Dearborn, Michigan- based automaker. That effort has stumbled as Ford has plunged in quality rankings from researcher J.D. Power & Associates and Consumer Reports magazine. The 2013 Escape, Ford’s top-selling SUV, has been recalled four times since it was introduced in May. The new Fusion has had two recalls since its October debut.

“On the Escape launch, we have had a few issues,” Fields said. “But when you look at our Escape, look at our new C-Max, look at our Fusion, they are the fastest-turning products in our showroom. When you look at the transaction prices of the new models versus the old models, they are significantly up.”

Ford is attempting to satisfy customers affected by recalls by giving them free loaner cars and promptly making repairs, Fields said.

“We realize that we have to keep at this, and we will,” Fields said. “Our commitment is to bring out products of the very best quality and as we see issues, we’re going to jump on them.”
Recalls, Fires

On Nov. 30, the automaker recalled 73,320 Escape models and about 19,000 Fusions equipped with its 1.6-liter EcoBoost engine. The company said Dec. 10 it found a solution to an overheating issue that could cause engine fires.

Ford also has been criticized for quality by Consumer Reports. The company’s Ford brand fell seven spots to second-to- last place while its Lincoln luxury nameplate plunged twelve spots in the magazine’s annual auto-reliability survey.

Ford’s rankings suffered because of problems with its MyFord Touch and MyLincoln Touch audio, entertainment and navigation systems and defects with models such as the Explorer sport-utility vehicle and Fiesta and Focus cars, Consumer Reports said in October.

The company has also slid in an annual new-car quality survey by J.D. Power. The Ford brand fell to 27th in 2012 from 23rd last year and fifth in 2010.
‘Significantly Improved’

Fields said yesterday that Ford’s quality is “significantly improved” from five years ago. He blamed declining quality scores in the last two years on glitches with dashboard touchscreen controls and fuel-saving new transmissions.

“Over the last couple years, we’ve had some isolated areas, particularly around MyFord Touch and some of our transmissions,” Fields said. “We’ve been addressing that and we’ve seen improvements.”

Yesterday’s event was related to how the Ford Fund, the company’s community-relations arm, is giving $10 million to the City of Detroit to create a community center in the Mexicantown neighborhood and to provide for a new youth recreation and summer camp.

Ford gained 2.5 percent to $11.67 yesterday in New York. The shares have risen 8.5 percent this year.

Andrew Marcus has been promoted to Chief Operating Officer of Relativity Media’s television arm RelativityREAL. He was previously President of Corporate Development & Strategy for Relativity Media. In his new role, Marcus will focus on expanding RelativityREAL’s international finance and distribution as part of growth of RelativityREAL’s worldwide programming exposure. Marcus will report to RelativityREAL CEO Tom Forman. He starts next month.

The Co-operative Group has announced the surprise appointment of Euan Sutherland, the chief operating officer at retailer B&Q retailer Kingfisher, as its new group chief executive.

Having agreed to buy a chunk of Lloyds Banking Group’s branches and significantly increase the size of its banking operation earlier this year, it was widely expected that the mutual would appoint someone with a banking and financial services background.

Mr Sutherland will join the Co-op in May following the retirement of Peter Marks. He has been a non-executive of the Co-op’s food business since 2010.

The Co-op has a range of retail operations, including a large grocery chain. But its banking operation represents its biggest risk and most complex set of issues as it attempts to integrate its new banking assets with its existing operations.

Len Wardle, chair of The Co-operative Group said: “He brings with him considerable experience of the strategic leadership needed in complex customer-facing businesses, across a variety of retail sectors, and we very much look forward to welcoming him and working together.”

Kingfisher said in a statement that Mr Sutherland will stay in his role until March to allow an “extensive” handover of his responsibilities. They have not yet appointed a successor.

Marathon Oil Corp. has offered its former COO a $4.6 million severance payment in conjunction with his resignation from the Houston-based energy company last week, a Tuesday filing with the U.S. Securities and Exchange Commission shows.

In a letter dated Dec. 14, Marathon (NYSE: MRO) said that acceptance of the payment would equate to David Roberts Jr.’s voluntary release of certain legal rights, and it shouldn’t be construed as for or against either Roberts or Marathon.

Marathon released a statement on Dec. 10 that Roberts was resigning, effective Dec. 14, to pursue other interests. At the time, spokeswoman Lee Warren said the company is evaluating whether to fill the position.

Roberts joined Marathon in 2006 as senior vice president of business development from BG Group, where he had worked as executive vice president and managing director for Asia and the Middle East. A 1983 graduate of the University of Alabama in Tuscaloosa, Roberts began his career at Texaco.

In July 2011, Marathon completed a move to spin off its downstream business. The separation was completed with the formation of a new refining and marketing downstream business, Ohio-based Marathon Petroleum Corp. (NYSE: MPC).

Marathon Oil Corp. has
offered its former COO
a $4.6 million
severance payment.

Rezidor appoints Olivier Harnisch as Executive Vice President & Chief Operating Officer

The Rezidor Hotel Group today announced the appointment of Olivier Harnisch (45) as Executive Vice President & Chief Operating Officer. Harnisch will succeed Wolfgang M. Neumann who is taking over from Kurt Ritter as the company’s new President & CEO. Harnisch currently serves as Vice President, Northern and Central Europe at Hilton Worldwide. In his new role he will be based at Rezidor’s corporate support office in Brussels, Belgium and report directly to Wolfgang M. Neumann. He will also be a member of the group’s Executive Committee.

Harnisch will head Rezidor’s optimized, decentralized operational organization comprising the areas Nordics, Eastern Europe & Russia, Western Europe & North Africa, Central Europe, UK & Ireland, and Middle East & sub-Saharan Africa under the leadership of Area Vice Presidents. Across all these territories Rezidor’s portfolio of hotels in operation currently features 335 properties with 73,184 rooms.

“With Olivier Harnisch we welcome an internationally experienced hotelier to Rezidor. His excellent knowledge of operations and corporate management will further drive our strong development as a valuable member of the Carlson Rezidor Hotel Group. He will also further strengthen our operational performance focused on revenue generation, increased profitability and operational leadership development in line with our core strategy Route 2015″, said Wolfgang M. Neumann, Rezidor’s incoming President & CEO. Through Route 2015 – a comprehensive programme launched in December last year – Rezidor aims to increase its EBITDA margin by 6 to 8 percent by 2015. The strategy concentrates on revenue generation including: global strategic partnership activities with Carlson, cost-saving initiatives, accelerated asset management, and further growth of the fee-based hotel portfolio especially in the emerging markets of Russia/CIS and Africa.

Olivier Harnisch said: “I am delighted to join such a dynamic and ambitious company as Rezidor. With its wonderful heritage, strong brands and its unique spirit, Rezidor has great assets to build upon. I look forward to contributing to its enduring success.”

Harnisch, who has both German and French nationality, holds a Master of Science in Organizational Behaviour of University of London; a Master of Business Administration of Heriot-Watt University, Edinburgh; and a Degree in Hospitality Management of Berlin School of Hotel Administration. He attended further senior management courses at New York University, USA; Cornell University, Ithaca, USA; and University of Hagen, Germany.

He began his career within the hospitality business in flagships such as St. Regis New York and Hotel Bayerischer Hof in Munich. He joined Hilton in March 1999 as Director of Operations at Hilton Dresden. He afterwards served as General Manager of Hilton Madagascar and Hilton Zurich & Hilton Apart Hotel; and was promoted to Cluster General Manager of Hilton Munich Park & Hilton Munich City. In February 2008 he took over the corporate position as Vice President, Northern and Central Europe at Hilton Worldwide.

Besides his mother tongues German and French Harnisch speaks English, Spanish, Italian, and Indonesian/Malay. He is married and has two children. Harnisch does not only have a passion for hotels, but also for airplanes: he holds a US pilot license.

For further information please contact:

Christiane Reiter, Senior Director Corporate Communication, Christiane.Reiter@Rezidor.com

Renu Snehi, Senior Director Corporate Communication, Renu.Snehi@Rezidor.com

About the Rezidor Hotel Group

The Rezidor Hotel Group is one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, one of the world’s ten largest hotel groups. Rezidor features a portfolio of more than 430 hotels in operation and under development with 95,000 rooms in 70 countries. Rezidor operates the brands Radisson Blu and Park Inn by Radisson in Europe, the Middle East and Africa, along with the Club Carlson loyalty programme for frequent hotel guests. Under a worldwide licence agreement with the iconic Italian fashion house Missoni, Rezidor also operates and develops the luxury lifestyle brand Hotel Missoni. Following a Strategic Alliance Agreement with Regent Hotels & Resorts, Rezidor will develop and operate new Regent properties in EMEA.

In November 2006, Rezidor was listed on the Stockholm Stock Exchange. Carlson, a privately held, global hospitality and travel company, based in Minneapolis (USA), is the majority shareholder.

The Corporate office of The Rezidor Hotel Group is based in Brussels, Belgium. For more information, visit www.rezidor.com and www.carlsonrezidor.com

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the

information contained therein.

Source: Rezidor Hotel Group via Thomson Reuters ONE

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