SHANGHAI, CHINA - 02/27/2006 — China Digital Wireless, Inc. (OTC BB: CHDW) announced today that the company has entered into an agreement to acquire 95% of the equity interests of Shanghai KENA Energy Saving Electric Co., Ltd and related patent and patent rights to produce high-energy, high-efficiency transformers. The company's decision to enter into the KENA acquisition is driven by an effort to re-focus the company's strategy and capitalize on the strategic opportunity this transaction presents. Read more

PETALUMA, CA - 02/27/2006 — Turin Networks, a global provider of multiservice optical transport products for carrier, wireless and private networks, announced today that telx, the premier operator of telecom "meet-me" network interconnection facilities, has deployed Turin's Traverse® 2000 Multiservice Transport Switch at One Wilshire Blvd in Los Angeles. The Traverse 2000 is a key component in the telx Brilliant Platform(SM), a networking system offering carriers a range of managed network interconnections, such as SONET-to-SDH conversion and high-capacity Ethernet over SONET/SDH. Read more

In its characteristically understated style, Google has begun offering a new payment option for a handful of people who had listed items for sale on the Google Base posting service, a step that could eventually put the Mountain View Internet giant in direct competition with eBay and PayPal. Read more

Mumbai, Maharashtra, India, Tuesday, February 28, 2006 — (Business Wire India) — Strong economic growth, youthful demographics and diversification away from oil are underlining the escalating demand for power in the Middle East and North Africa (MENA). As power generation markets expand to meet the increasing need for power, the steam and gas turbines markets in the region should receive a resultant fillip. Economic liberalisation and privatisation initiatives are set to further reinforce such positive trends. Read more

LAS VEGAS–(BUSINESS WIRE)–Feb. 27, 2006–Panorama Towers developer Laurence Hallier said the Las Vegas high-rise market remains strong, despite some well-publicized projects folding recently. Read more

LOUISVILLE, Ky.–(BUSINESS WIRE)–Feb. 27, 2006–Honeywell (NYSE:HON) today announced a definitive agreement to acquire Gardiner Groupe Europe Read more

NEW YORK–(BUSINESS WIRE)–Feb. 27, 2006–Polo Ralph Lauren Corporation (NYSE: RL) today announced that it has entered into a long-term licensing agreement with Luxottica Group, S.p.A. of Milan for the design, production and worldwide distribution of prescription frames and sunglasses under the Polo Ralph Lauren brand. The agreement is effective January 1, 2007 and the new collection will be available in early 2007. Read more

ALTAMONTE SPRINGS, FL — (MARKET WIRE) — 02/26/2006 — Cryobanks International Inc. (OTC BB: BTEM) applauds the European Commission for adopting a new set of technical rules. These rules will grant member states the right to implement Directive 2004/23/EC, a set of standards regulating the cell and tissue industry, including the processing and handling of umbilical cord blood. Read more

MONTEREY, CA — (MARKET WIRE) — 02/27/2006 — Globalpress — Akustica, a pioneer in microelectromechanical systems (MEMS) technology, today announced at the Globalpress Electronics Summit the availability of Akustica Microphone Chips, the first single-chip microphones on the market. The Akustica Microphone Chips are small, thin, light devices designed to replace the Electret Condenser Microphone (ECM), a fifty-year-old technology that has been used in billions of portable electronic devices — while remaining fundamentally unchanged. The ECM, however, is limited by a number of acoustic issues: From RF noise, environmental noise, and mechanical/electromagnetic noise, the ECM cannot be used to easily eliminate all this mechanical and ambient noise — creating a number of pain points for millions of users of mobile phones, laptop computers and other digital media devices. As a silicon microphone, Akustica's Microphone Chips are not prone to the same degree of noise from any of these sources — thereby enabling superior acoustic environments. Read more

MOUNTAIN VIEW, CA — (MARKET WIRE) — 02/27/2006 — eGain Communications Corporation (OTC: EGAN), provider of the industry's top-rated customer service and contact center software for in-house or on-demand deployment, announced today that Playboy.com has successfully deployed eGain® MailT, the industry's top-rated email management software, to manage and respond to customer emails and run customized promotions to grow revenue. The company needed a proven email management solution to handle the high volume of customer email queries about issues such as subscriptions, promotional offers and content. After an extensive evaluation of multiple offerings in the market, Playboy.com selected eGain Mail. Read more