plus 4, Nuance Vocalizer for Automotive Now Shipping in More Mio Devices ... - TMCnet

Nuance Vocalizer for Automotive Now Shipping in More Mio Devices ... - TMCnet
BMW becomes 2012 London Olympics top-tier sponsor - KFVS12
TRW Announces Offering of $250 Million Senior Unsecured Notes - WKOW-TV.com
Ford Analyst Sees Small Car Segment Growing - kptv.com
Buy Automotive Axles, target of Rs 395: Angel Broking - MoneyControl.com

Nuance Vocalizer for Automotive Now Shipping in More Mio Devices ... - TMCnet

Posted: 20 Nov 2009 07:34 AM PST

BURLINGTON, Mass. & AACHEN, Germany --(Business Wire)-- Nuance (News - Alert) Communications (NASDAQ: NUAN) today announced that it has extended its relationship with Mio Technology, which develops and markets products including personal navigation devices, to meet the latest developments in mobile services with Nuance Vocalizer for Automotive text-to-speech. As part of the relationship, Mio will bring Nuance's text-to-speech to a broader range of its personal navigation devices. Nuance Vocalizer for Automotive is optimized for personal navigation devices and will enable Mio's customers to enjoy the ease and convenience of a speech-enabled mobile experience from behind the wheel.

Mio currently uses Nuance Vocalizer for Automotive to power the readback of navigation routes across its integrated product line, including the new personal navigation system Mio Moov 300, 500 and Flat Series; the new PND TV series, Moov V505 and V735; and, the Moov 580. Nuance Vocalizer for Automotive is a robust, natural sounding text-to-speech engine that is specifically optimized for automotive and personal navigation device platforms, providing drivers with the ability to focus on the road while directions are read aloud. And since it's flexible enough to be implemented in both high- and low-end devices, manufacturers like Mio are able to deploy it across their portfolio in a range of markets.

"Collaborating with Nuance enables us to provide the best mobile experience for our broad consumer base across Europe and North America," said Justine Liu, Global Marcom Director, Mio Technology. "Personal navigation technology should engage with and cater to the driver. With robust speech synthesis that speaks in a variety of languages, our customers are getting incredibly reliable route guidance that limits visual confirmation for reduced distractions, even in the most unfamiliar of places to ultimately diminish anxiety and provide peace of mind." Nuance Vocalizer for Automotive is able to provide drivers with more accurate, reliable route guidance as it features dynamic information, including street names and route names for even the most complex road junctions and highways with multiple lanes and exits. Additionally, Nuance Vocalizer for Automotive is equipped to read aloud traffic alerts for connected navigation devices, seamlessly guiding drivers through difficult and stressful traffic situations, navigating around accidents, and more.

"By incorporating our robust speech technology into its portfolio of sleek personal navigation devices, Mio makes getting its consumers from point A to B simple," said Arnd Weil, general manager, Automotive, Nuance Mobile. "According to a recent survey from ABI research, half of drivers who rely on navigation devices use the text-to-speech feature. With accurate directions read audibly, drivers are able to focus on the road ahead, limiting visual confirmation of addresses and routes to ensure a safer journey." Mio's portfolio of Nuance text-to-speech-enabled navigation devices are currently available in North America and Western Europe, supporting 20 languages including all major North American and European languages.

Nearly all leading personal navigation device manufacturers and more than 100 models from major car manufacturers feature Nuance's industry leading speech technology. To learn more, please visit http://www.nuance.com/automotive/.

About Mio Mio develops and markets products which enable users to take advantage of the latest developments in mobile services. The brand was established in May 2002 and now has operations in Taiwan, mainland China, Europe, North America, Australia, Japan and South Korea. Mio currently employees 1,700+ employees worldwide and sells and markets its products in over 58 countries and territories.

It is Mio's, prediction that mobile life and mobile business will be the main-stay of life in the future. Products, including Car Navigation, Portable navigation and navigation PDA systems, have been developed by focusing on the needs of customers. Mio's brand tagline, "Explore More", focuses on changing the way people experience the world and letting users know that they can explore the world easily and freely. More information about Mio, please visit: www.mio.com.

About Nuance Mobile Nuance Mobile builds innovative, intelligent and intuitive touch and speech interfaces to simplify and enhance the way people interact with mobile devices, applications, and services. Nuance Mobile solutions make mobile devices and in-car systems easier to use, automate customer self-service, and optimize the access and discovery of even the most advanced mobile applications and content regardless of technical know-how, location, environment, or physical and literacy capabilities.

About Nuance Communications, Inc.

Nuance is a leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents. Every day, millions of users and thousands of businesses experience Nuance's proven applications and professional services. For more information, please visit: www.nuance.com.

Nuance and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc. or its subsidiaries in the United States of America and other countries. All other companies or product names are the property of the respective owners.

The statements in this press release relating to the partnership with Mio and the use of Nuance's products are forward-looking statements which are subject to specific risks and uncertainties. These could involve particular market trends, competition factors and other risks described in the documents submitted to the US Securities and Exchange Commission. The actual results, events and services may vary significantly from the forecasts. The reader is warned not to rely on these forward-looking statements without reservation, since these are simply reflections of the current situation.

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BMW becomes 2012 London Olympics top-tier sponsor - KFVS12

Posted: 19 Nov 2009 06:48 PM PST

By ROB HARRIS
AP Sports Writer

LONDON (AP) - BMW is the latest top-tier domestic sponsor of the 2012 London Olympics, and organizers remain in talks with additional potential investors.

The German carmaker was presented Wednesday as the official automotive sponsor of the games in a deal worth an estimated $67 million in cash and services.

BMW will provide about 4,000 vehicles for athletes, officials and other members of the Olympic community.

As the seventh top-level sponsor and 24th overall of the games, the deal brings London's total revenue from domestic sponsors to nearly $1 billion. The overall target is $1.17 billion.

"We are well on our way to that with two and bit years to go," Sebastian Coe, who heads London's organizing committee, told The Associated Press. "There are a number of competitive discussions out there in any number of categories. We have got other things lined up."

The other top-tier sponsors are Adidas, BP, British Airways, BT, EDF and Lloyds TSB.

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TRW Announces Offering of $250 Million Senior Unsecured Notes - WKOW-TV.com

Posted: 18 Nov 2009 05:14 AM PST

LIVONIA, Mich., Nov. 18 /PRNewswire-FirstCall/ -- TRW Automotive Holdings Corp. (NYSE: TRW), today announced that TRW Automotive Inc. ("TAI"), its wholly-owned subsidiary, intends to privately offer $250 million in aggregate principal amount of senior unsecured notes due 2017 (the "Notes"). TAI intends to use approximately $124 million of the net proceeds from the offering to prepay borrowings under its existing term loan facilities and to use the remaining net proceeds for general corporate purposes.

The Notes will be offered to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.

The Notes have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About TRW

With 2008 sales of $15.0 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 26 countries and employs approximately 64,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated.

Forward-Looking Statements

This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which can cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Report on Form 10-K for the fiscal year ended December 31, 2008 (our "Form 10-K"), and in our Reports on Form 10-Q for the quarters ended April 3, July 3 and October 2, 2009, such as: any prolonged contraction in automotive sales and production adversely affecting our results, liquidity or the viability of our supply base; the financial condition of OEMs, particularly the Detroit Three, adversely affecting us or the viability of our supply base; disruptions in the financial markets adversely impacting the availability and cost of credit negatively affecting our business; our substantial debt and resulting vulnerability to economic or industry downturns and to rising interest rates; escalating pricing pressures from our customers; commodity inflationary pressures adversely affecting our profitability and supply base; our dependence on our largest customers; any impairment of a significant amount of our goodwill or other intangible assets; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; any increase in the expense and funding requirements of our pension and other postretirement benefits; risks associated with non-U.S. operations, including foreign exchange risks and economic uncertainty in some regions; work stoppages or other labor issues at our facilities or at the facilities of our customers or suppliers; volatility in our annual effective tax rate resulting from a change in earnings mix or other factors; costs or liabilities relating to environmental health and safety regulations; assertions by or against us relating to intellectual property rights; the possibility that our largest stockholder's interests will conflict with our or our other stockholders' interests; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.

SOURCE TRW Automotive Holdings Corp.

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Ford Analyst Sees Small Car Segment Growing - kptv.com

Posted: 16 Nov 2009 07:39 AM PST

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Buy Automotive Axles, target of Rs 395: Angel Broking - MoneyControl.com

Posted: 20 Nov 2009 11:05 PM PST

Angel Broking has come out with a research report on Automotive Axles (AAL). The research firm has upgraded the stock to buy from accumulate, with a target price of Rs 395, in its report dated November 19, 2009.

"AAL derives its revenues from the medium and heavy commercial vehicle (MHCV) Segment. The CV industry downturn of FY2009, when industry sales declined around 33% for MHCVs, has resulted in the over-supply in the truck industry getting corrected substantially. However, over the last few months, following the recovery in the overall economic and industrial activity, MHCV volumes have also been showing a good sequential recovery. The low base of 2HFY2009 will ensure very high yoy growth numbers in 2HFY2010. Thus overall, we estimate the domestic heavy CV Segment to witness a growth of around 20% in Volumes in FY2010E and around 14% in FY2011E", says Angel Broking.

The report also says, "Hence, the recovery in CV demand will aid the company in registering a CAGR of around 44% in Net Sales and 100% in net profit over FY2009-11E. At the CMP of Rs 309, the stock is trading at 15x FY2010E and 11.8x FY2011E Earnings of Rs 20.5 and Rs 26.3, respectively, which is lower than its historical five-year average of 16x. We believe that the recovery in the CV cycle will help the stock in catching up with its historical valuations. Thus, we upgrade the stock to buy from accumulate, with a target price of Rs 395, at which the stock would trade at 15x FY2011E EPS and 2.6x FY2011E BV."

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click on the attachment.........

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