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CHICAGO—2 September 2008—Enable Holdings, Inc., the leading asset recovery solutions company for the world’s most trusted brands, today announced it has launched its new website RedTag.com, the fixed-price e-commerce solution in its lineup of excess inventory sales channels, and can be found at http://www.redtag.com.
CARMEL, Ind.—15 August 2008—Auction Management Solutions, Inc. (“AMS”), ADESA and Live Global Bid, Inc. jointly announce that they have settled the patent infringement case relating to AMS’ U.S. Patent No. 6,813,612 (“the ‘612 patent”). Live Global Bid recently was acquired by ADESA and is now named “LiveBlock Auctions International” or “LAI”.
2 September 2008—SatNav Technologies, a city-based provider of navigation and GPS technologies, has tied up with RT Outsourcing, a Delhi-based technical support and reverse logistics services, as its service partners.
Ontario, Calif.—2 September 2008—Shred-Tech, a world leader in information destruction and recycling systems including mobile and plant-based shredding systems, today announced the opening of its West Coast service Center in Ontario, California. The company has hired five local professionals and has plans to hire several more technicians over the next two years in response to the company’s growth.
HELSINKI, Finland—1 September 2008—Wartsila, a market leader in ship power and decentralized power plant solutions and CEVA Logistics, one of the leading supply chain companies in the world, signed a cooperation agreement for the 24/7 global spare parts transportation management and “control tower” activities for Wartsila Services. For CEVA the contract value is approximately EUR 32 million per annum over the next 3 years. The agreement follows Wartsila’s earlier announcement of its intention to centralize spare parts logistics and to build a Central Distribution Center facility in the Netherlands. The new operating model is planned to be fully implemented by 2011.
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