Lenovo Sweeps Three XChange 2012 XCellence Awards

Press release:

Lenovo Sweeps Three XChange 2012 XCellence Awards

 Recognition received for best hardware and commitment to the channel

RESEARCH TRIANGLE PARK, NC – August 31, 2012: (HKSE: 992) (ADR: LNVGY) During this year’s premier channel XChange event hosted by UBM Channel, Lenovo won three XChange 2012awards, starting with the Overall Best of Show award, as well as XCellence awards in the categories of Best Hardware and Channel Executive Presentation.  The XChange XCellence Award winners are selected by top solution providers and honor the technology vendors with the most exceptional products, programs and technologies.

This year’s event, held in Dallas, TX from August 19^th through the 21^st, brought together more than 250 solution providers and 100+ vendor companies.  A leading and independent industry event, the conference combines demonstrations of new products, services, and solutions with insight from market experts, and unique networking opportunities to help foster industry discussion and business opportunity.

 

“Lenovo is committed to the channel and working with our business partners to develop and deepen our relationships.  We are honored by this recognition from the channel community and will continue to put our channel partners first,” said Chris Frey, vice president and channel chief for North America.

 

Every year, the XChange event brings solution providers and vendors together to discuss new technologies and better ways of doing business. 

 

“Over the past two years, solution providers and their vendor partners have been navigating through a dramatic transformation in business models and technology solutions. It has been unlike anything channel executives have witnessed before,” said Robert C. DeMarzo, senior vice president of Strategic Content, UBM Channel. “The winners of the XChange 2012 XCellence Awards have demonstrated to the market that they not only understand the complexities of this evolving market, but can consistently deliver the high-quality, results-driven solutions their partners require.”

 

About Lenovo
Lenovo (HKSE: 992) (ADR: LNVGY) is a $US21 billion personal technology company serving customers in more than 160 countries, and the world’s second-largest PC vendor. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile Internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information see www.lenovo.com.

 

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EMC Recognizes “Journey To the Cloud Award” Winners at VMworld 2012

Press release:

EMC Press Release

EMC Recognizes “Journey To the Cloud Award” Winners at VMworld 2012

Honors Customers and Partners Deploying EMC & VMware to Transform Their Infrastructures from Physical to Virtual as They Move to the Cloud

VMworld 2012 – SAN FRANCISCO, CA - August 29, 2012

News Summary:

EMC today announced:

• Winners for the third annual Journey to the Cloud Awards
• Two customers, one partner and an individual have been recognized as demonstrating excellence in driving innovation, performance and creating business value through the use of virtualization
• Evaluated by a distinguished panel of judges, the winners were recognized for:
    – Transforming IT by successfully implementing cloud solutions that revolution the IT process and deliver ITaaS to drive efficiency and flexibility
    – Transforming business by raising the bar to deliver innovative solutions, product integrations and applications to create business value and agility
    – Transformational partnership recognizing a partner that worked alongside EMC to build solutions to accelerate our/a customer’s IT and business transformation
    – Transforming yourself recognizing an individual who led the transformation of their IT organization and staff roles to adapt to new skills required for cloud computing and Big Data

Follow EMC at VMworld:

• EMC Community Network: To view everything EMC at VMworld, visithttps://community.emc.com/go/vmworld 
• Twitter: For continuous news and event updates for EMC at VMworld, follow EMC on Twitter at@CloudEMC and @EMCCorp and join the conversations using #EMC and #VMworld
• Facebook: To view highlight videos, interviews and more, like EMC on Facebook
• Flickr: View photos of EMC at VMworld on Flickr and tag your VMworld photos with “EMC and VMworld”

Full Story:

EMC Corporation (NYSE:EMC) today announced the recipients of the third annual EMC® Journey to the Cloud Awards. These prestigious awards recognize two premier customers, a distinguished partner and an exceptional individual who are driving innovation, business value and performance through virtualization as the transformational pillar to their move to cloud computing.

The 2012 EMC Journey to the Cloud Award winners include the University of Florida, Williams & Fudge, Inc., Secure–24, Inc. and Todd Rorie with the Metropolitan Government of Nashville and Davidson County, Tennessee.

The 2012 “Journey” awards were evaluated by a panel including DeepStorage.net, Enterprise Strategy Group (ESG), Storage Switzerland, LLC and VMware. The winners were recognized at an appreciation event on Tuesday, August 28 held at The Grand Nightclub in San Francisco, CA. 

EMC Executive Quotes:

Jeremy Burton,Executive Vice President of Product Operations & Marketing, EMC

“Businesses and government organizations continue to leverage virtualization as the foundational underpinning on their journey to cloud computing.  Along the way, they are completely transforming their IT for radical improvements in efficiency and agility. Those recognized today are the true innovators at the forefront of making this transformation on their journey to the cloud.”

About EMC

EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing.  Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.

Microsoft Recognizes Accenture and Avanade with 2012 U.S. Regional Partner of the Year Awards

Press release from Accenture:

August 29, 2012

Microsoft Recognizes Accenture and Avanade with 2012 U.S. Regional

Partner of the Year Awards

 

Companies Honored as Eastern Region Cloud Partner of the Year, Central Region Enterprise Compete Partner of the Year and Northeast District Dynamics CRM Partner of the Year; Receive Individual Recognitions for Healthcare Industry Solutions and U.S. Federal Dynamics Partner of the Year

 

NEW YORK; Aug. 29, 2012 – Accenture (NYSE: ACN), a global management consulting, technology services and outsourcing company, and Avanade, a business technology solutions and managed services provider, have been recognized with several regional U.S. Partner of the Year awards for 2012 by Microsoft.

 

The U.S. East region was honored as Cloud Partner of the Year and the U.S. Central region was awarded the Enterprise Compete Partner of the Year. This marks the second consecutive year that Accenture and Avanade have been honored with these two awards. The Cloud Partner of the Year Award honors the partner that sold and deployed innovative solutions and services for customers with hybrid on-premises, public cloud and private cloud needs across the U.S. East region.

 

Microsoft also recognized Accenture and Avanade with the Enterprise Compete Partner of the Year for its work on strategic accounts across the central United States. Additionally, Accenture and Avanade were honored as the Northeast District Dynamics Partner of the Year for CRM. This award recognizes a Microsoft partner who provides innovative solutions based on Microsoft Dynamics CRM and fosters superior customer engagement in the Northeast District.

 

“Accenture and Avanade continually work with clients to achieve maximum performance from the Microsoft platform,” said Scott Harrison, global managing director of alliances channel management at Accenture. “As companies continue to look for ways to become more competitive, Accenture and Avanade are helping organizations achieve important business results through technology innovation in areas such as cloud computing and CRM, and in industries such as healthcare. We are pleased to be recognized by Microsoft for the results we have delivered to our clients.”

 

Aziz Virani, Avanade’s president of North America, said, “These awards reflect Accenture and Avanade’s commitment to enabling customers to harness the business benefits that can be achieved with the Microsoft platform. Together we are working with customers across all industries to help them drive down costs, strengthen customer relationships and improve performance."

 

Accenture and Avanade were also individually recognized for their work in the healthcare industry. Accenture was named the U.S. Health and Human Services Partner of the Year for 2012 for its Medicaid Management Information System (MMIS) offerings. The Accenture Public Health Platform (APHP) is based on a service-oriented architecture (SOA) and commercial-off-the-shelf (COTS) technology and is designed to enhance administrative efficiency, improve flexibility in program management and speed deployment, thus reducing total cost of ownership. The platform enables states to better adapt to the continually evolving Medicaid landscape, budget pressures and initiatives surrounding health reform mandates.

 

Separately, Avanade was recognized as the U.S. Health and Life Sciences Dynamics Partner of the Year for its innovative work developing solutions that enable the healthcare industry to build stronger customer relationships. For example, Avanade is working with a leading cancer treatment organization in North America to create an automated patient relationship management system to ensure that patients and caregivers have the best experience possible throughout the entire relationship – not just during treatment. Built on Microsoft Dynamics CRM, the solution enables hospitals to track each patient throughout the care lifecycle, as well as ensure ongoing contact with primary caregivers and family members.

 

Finally, Accenture Federal Services was recognized as the U.S. Federal Dynamics Partner of the Year for its Task Management solution, TMT. TMT is the leading task management solution deployed in the U.S. Department of Defense and is used by over 70,000 users world-wide.

 

The companies were selected for these awards by Microsoft’s Field Partner Awards Program, which enables Microsoft to award regional partners on a global scale. The recipients of the 2012 Microsoft Partner of the Year awards were recognized at this year’s Microsoft Worldwide Partner Conference, held July 8-12 in Toronto. More information can be found at: http://www.digitalwpc.com.  

 

About Accenture

Accenture is a global management consulting, technology services and outsourcing company with over 249,000 people serving clients in more than 120 countries.  Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments.  The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com.

 

About Avanade

Avanade provides business technology solutions and managed services that connect insight, innovation and expertise in Microsoft® technologies to help customers realize results. Our people have helped thousands of organizations in all industries improve business agility, employee productivity, and customer loyalty. Avanade combines the collective business, technical and industry expertise of its worldwide network of experts with the rigor of an industrialized delivery model to provide high quality solutions using proven and emerging technologies with flexible deployment models–on premises, cloud-based or outsourced. Avanade, which is majority owned by Accenture, was founded in 2000 by Accenture LLP and Microsoft Corporation and has 16,000 professionals in more than 20 countries. Additional information can be found at www.avanade.com.

 

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EMC and its RSA Security Division Honored With Four CRN “Company of the Year” ARC Awards

EMC Press Release

EMC and its RSA Security Division Honored With Four CRN “Company of the Year” ARC Awards

Recognized by CRN for the Sixth Consecutive Year, EMC Voted Best in Class for Product Innovation, Support and Partnership, Receives Top Honors for, Enterprise Network Storage, Backup & Recovery Software and SMB Network Storage; RSA Awarded Network Security Software Title

HOPKINTON, Mass. - August 22, 2012

News Summary:

• Recognized by CRN for the sixth consecutive year, EMC has been named "Company of the Year" in the Enterprise Network Storage, Backup & Recovery Software and SMB Network Storage categories of the 2012 CRN Annual Report Card (ARC) survey.
• RSA, The Security Division of EMC, also received "Company of the Year" recognition in the Security Software category.

Full Story:

EMC Corporation (NYSE: EMC) today announced that for the sixth consecutive year it has been named Company of the Year in the Enterprise Network Storage and Backup & Recovery Software categories and for the second year in a row named Company of the Year in the small and medium-sized businesses (SMB) Network Storage category of the prestigious 2012 CRN Annual Report Card. RSA, The Security Division of EMC, has also received top honors as Network Security Software Company of the Year. The ARC awards are considered the definitive benchmark for measuring excellence in the IT Channel community, serving as the industry standard for excellence in vendor and Channel Partner relationships. Representatives from EMC and RSA accepted their awards at a ceremony during the annual XChange Americas Conference in Dallas, Texas on August 21.

The UBM Channel ARC research team surveyed more than 3,700 North American solution providers across 23 categories to evaluate their satisfaction with vendor products, support and channel programs. The Company of the Year recognition is given to a vendor that scores the highest marks across each of the award sub-categories — Product Innovation, Support, and Partnership. EMC secured the highest marks for all three in each category it participated.

EMC's continued streak of taking top honors in the ARC survey is a direct result of its commitment to delivering industry-leading products and listening to partner feedback to make significant changes, including its go-to-market approach and enhancements to its Velocity Solution Provider Partner Programto provide the most Channel-friendly experience in the industry. Key changes and enhancements made over the last 12 months include:

• Integration of EMC's business unit Channel organizations to provide a single contact to give Partners a more simplified and consistent engagement model across all of EMC's lines of business.
• EMC's recognition as Company of the Year in the SMB Network Storage category is marked by the success of the EMC VNXe® – the world's simplest, most efficient, and affordable unified storage system – as a Channel-only product that solves the unique storage requirements for SMBs, as well as the departmental needs of enterprises, remote and branch office deployments, and governmental opportunities..
• The EMC Data Domain® DD160, with all the benefits associated with Data Domain deduplication storage systems, was also introduced as a Channel-only product. In addition, the introduction of EMCAvamar® 6.1 and EMC NetWorker® 8.0 have expanded the backup and recovery opportunity for partners.
• The introduction of EMC VSPEX™ Proven Infrastructure ¬supports Partners desire to more easily sell multi-vendor solutions. The simple, efficient and flexible VSPEX reference architectures enable EMC's Channel Partners to sell complete, highly-flexible solutions to their customers, adding significant value to Partners' sales processes while increasing their mindshare in customer environments by allowing Partners to brand their own VSPEX solutions.
• In 2012 EMC announced Enterprise Select, a new go-to-market strategy in which Partners can exclusively sell to hundreds of enterprise accounts that were previously EMC-direct.

Sweeping all categories in which it participated, RSA's Network Security Software Company of the Year title is due to the strength of the RSA SecurWorld™ Partner Program, with recent program enhancements focused on fostering dynamic and mutually-beneficial relationships between RSA and its Channel Partners. During the past year, RSA has more tightly aligned the benefits and rewards provided through the SecurWorld program with its Partners' go-to-market models. Through the new solution-centric role-based training framework, RSA Partners are more quickly equipped to sell and support RSA's suite of products. Partners retain their tier status for one year, and through quarterly compliance reviews, have the opportunity to accelerate to a new tier more quickly. Another addition to the RSA SecurWorld program is the availability of the "Authorized" entry-level tier with access to deal registration.

EMC Partner Quotes:

Gary Vaughan, President & Co-founder, Clearpath Solutions Group

"The company is listening to Partner feedback and taking action to provide more sales opportunities and make it easier to do business through improved field engagement and the enforcement of the Rules of Engagement. The commitment from all levels of EMC executive management to supporting and deepening the relationships with Partners is evident and indicates there is a bright future for EMC and Partners like Clearpath."

Bob Olwig, Vice President, Corporate Business Development, World Wide Technology, Inc.

"EMC has taken many steps this year to evolve the Velocity program to provide the right training and support for us to successfully address the increasingly complex requirements of our customers as they adopt cloud computing. We appreciate the straightforward, easy to adopt programs, products, and solutions like VSPEX that will help grow our business and provide our customers with the best possible technology and experience."

UBM Quote:

Kelley Damore, Vice President & Editorial Director, UBM Channel

"When it comes to the strength of relationships, quality of products and return on Partner programs, solution providers want to hear from their fellow VARs about the IT vendors that consistently exceed expectations. The Annual Report Card gives solution providers the opportunity to share feedback and recognize the vendors who truly demonstrate Channel excellence. We congratulate EMC and RSA for being recognized as the best of the best."

EMC Quotes:

Leonard Iventosch, Vice President, Americas Channel Sales, EMC Corporation

"EMC is making the largest investments in its history in the Channel. With their extensive experience and skill at taking on more and more of the sales cycle, EMC's Velocity Partners are critically important to extending our reach into the existing customer base and to finding new customers. We are extremely honored with the results of this year's CRN ARC survey. As the results clearly show, EMC's commitment and actions in the Channel are being leveraged and appreciated by our Partners."

Bill Taylor, Vice President of Global Channels and Alliances, RSA, The Security Division of EMC

"We are committed to the success of our SecurWorld Partners and are consistently working to enhance our channel program to not only ensure mutual profitability but also provide training and support that help partners grow their businesses. We are honored to be included in this year's CRN ARC Survey. It truly validates the work we've been doing to create program that our partners are proud to be a part of."

Additional Resources:

• Learn more about partnering with EMC and RSA
• Follow @EMCChannel and join the #EMC conversation on Twitter
• Learn more about how Trusted IT from EMC = Trusted Business at: www.emc.com/trust
• Connect with EMC via Twitter, Facebook, YouTube, LinkedIn and ECN
• Connect with RSA via Twitter, Facebook, YouTube, LinkedIn and the RSA Speaking of Security Blog and Podcast

About EMC

EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.

About UBM Channel: (www.ubmchannel.com)

UBM Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, UBM Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. UBM Channel is a UBM company. To learn more about UBM Channel, visit us at www.ubmchannel.com.

UBM plc (www.ubm.com)

UBM plc is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries is organized into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com.

Oracle Communications Innovation Award Winners Announced

Hughes Telematics, Inc., Mobily and Two Degrees Mobile Limited are Recognized for Leadership and Innovation in Machine-to-Machine Applications, Social Network-Enabled Customer Experience and Real-Time Charging, Respectively

Redwood Shores, Calif. – March 28, 2012

News Facts

Oracle Communications announced that Hughes Telematics, Inc., Mobily and Two Degrees Mobile Limited received Oracle Communications Innovation Awards today at the annualOracle Communications Customer Advisory Board (CAB) meeting in Santa Clara, Calif.

Oracle Communications presents Innovation Awards to organizations that use its products and solutions for projects that:

Result in measurable business process improvement

Introduce innovative products and services

Deliver an improved customer experience

Impact the bottom line

Hughes Telematics, Inc. Details

Hughes Telematics, Inc. (HTI) is a leading provider of next-generation connected services for automobiles, and offers a portfolio of manufacturer, aftermarket, fleet and dealer services.

The company’s goal was to launch new telematics services directly to automotive manufacturers via the cloud, enabling HTI to expand its customer base while enhancing scalability, introducing flexible charging, accelerating offer creation and lowering costs.

HTI implemented Oracle’s Siebel Customer Relationship Management, Oracle Contact Center Anywhere, Oracle E-Business Suite Release 12, Oracle Business Intelligence Enterprise Edition and Oracle Communications Billing and Revenue Management to extend its operations to include a new consumer business model.

The company has established a next-generation telematics machine-to-machine (M2M) platform that can deliver new services quickly, add new partners efficiently, maintain high-availability and scale to support HTI’s rapidly increasing subscriber base – all while minimizing operating expenses.

Mobily Details

Established in 2004, Mobily, otherwise known as Etihad Etisalat, is the fastest growing mobile communications and technology provider in the Kingdom of Saudi Arabia.

Customer service is a top priority for Mobily, and the company wished to enhance its customer support services to address the rapid adoption of social networking – such as Twitter, Facebook and LinkedIn – among its customer base.

To enable around the clock customer support across all channels, Mobily adopted Oracle’s Siebel Communications, which can integrate with social networking sites to monitor customer complaints and help Mobily respond appropriately – replacing a manual and time consuming system where staff would have to monitor social networking sites then draft responses.

By integrating Siebel Communications with Twitter, Mobily can automatically link customers’ accounts and their Twitter profiles, direct message users and categorize complaints received via the social networking site. To register a complaint with Mobily, customers can send a tweet to ‘Mobily1100’ from anywhere in the world and they will receive an immediate response. Mobily can also use Siebel Communications to generate reports that analyze complaints and then launch campaigns to alleviate any recurring customer concerns.

Two Degrees Mobile Limited Details

Founded in 2009, Two Degrees Mobile Limited is New Zealand’s newest mobile company. It wished to implement comprehensive prepaid and postpaid real-time charging capabilities to ensure customers are billed accurately and develop an infrastructure to create exciting new applications and services.

To meet these goals, Two Degrees Mobile implemented Oracle Communications Network Charging and Control, and used it to deliver the first true real-time rated postpaid service in Australia and New Zealand.

With this real-time rating platform, Two Degrees Mobile provided its customers unique capabilities, such as up-to-the-second usage reporting, the ability to manage monthly spending in real-time and the capability to freely consume any combination of prepaid, postpaid and hybrid services.

Two Degrees Mobile used Oracle Communications Network Charging and Control to introduce eight postpaid plans, including an unlimited usage plan that calculates a hidden balance for the company to monitor potential fraud or phone theft. The company currently serves 875,000 customers and has increased its market share by 51 percent in the past year alone.

Supporting Quotes

“Our award winners have demonstrated extraordinary innovation and leadership in using Oracle Communications’ solutions to develop integrated, flexible architectures to meet their customer needs and expand into new markets. We want to congratulate Hughes Telematics, Inc., Mobily and Two Degrees Mobile Limited on their outstanding achievements,” said Bhaskar Gorti, senior vice president and general manager, Oracle Communications.

Supporting Resources

Oracle Communications

Oracle Communications Innovation Awards

Oracle Communications Customer Advisory Board

RELEASE: Hughes Telematics, Inc. Provides Connected Vehicle Services to Hundreds of Thousands of Customers by Leveraging a Full Suite of Integrated Oracle Solutions

VIDEO: David Cook, IT director, Hughes Telematics

VIDEO: Hughes Telematics Launches M2M Service in 5 Days with Oracle

Oracle Communications on YouTube

Oracle Communications on Diigo

Oracle Communications on Facebook

Oracle Communications on Twitter

Oracle Communications on LinkedIn

About Oracle Communications

Only Oracle’s software and systems span the communications industry technology landscape — from carrier-grade servers, storage and IT infrastructure, to mission-critical business and operational support systems and service delivery platforms; from business intelligence applications and retail point-of-sale solutions to the Java platform running on more than three billion mobile and handheld devices.  Oracle helps 100 of the world's top 100 service providers innovate and exploit new business models, build strong, profitable customer relationships, and streamline operations. For more information, visit http://www.oracle.com/us/industries/communications/index.html

About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center.  For more information about Oracle (NASDAQ:ORCL), visit www.oracle.com.

About Oracle in Industries

Oracle industry solutions leverage the company's best-in-class portfolio of products to address complex business processes relevant to the communications industry, helping speed time to market, reduce costs, and gain a competitive edge.

Trademark
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

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Airline Economics Names GE Capital Aviation Services Lessor of the Year

26 March 2012

Airline Economics Names GE Capital Aviation Services Lessor of the Year

LONDON, March 26, 2012 – GE Capital Aviation Services (GECAS), the commercial aircraft financing and leasing unit of GE, accepted the “2012 Lessor of the Year” award from Airline Economics magazine.

The publication’s Airline 100 award is based on votes from more than 6,000 aviation executives around the world.

“GE Capital Aviation Services managed to secure not only the largest percentage of the total vote but also a winning vote in three out of four geographical regions,” said Philip Tozer-Pennington, managing editor,Airline Economics. “This shows beyond doubt that in 2011, in the eyes of the aviation sector, GECAS has out-performed all other lessors in terms of quality of service.”

About GE Capital Aviation Services (GECAS)GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,725 owned and managed aircraft with over 235 airlines in over 75 countries. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, spare parts financing and management. GECAS, a unit of GE Capital, has offices in 24 cities around the world. (www.GECAS.com) 

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com

Please sign up to follow us on Facebook  (GE Capital Aviation Services) and on Twitter (GECASNews).

March 26, 2012 01:00 PM Eastern Daylight Time 

ExxonMobil Awards Multi-Zone Stimulation Technology License to Weatherford

• Well perforating and fracturing combined into one efficient operation
• Award-winning technology in commercial use since 2005
• Weatherford experienced in advanced stimulation technologies

HOUSTON--(BUSINESS WIRE)--ExxonMobil Upstream Research Company (URC) announced today the licensing of its award-winning Multi-Zone Stimulation Technology (MZST^SM) well treatment process to a subsidiary of Weatherford International Ltd. The MZST process can be used to rapidly and reliably stimulate multiple zones in a single operation, yielding improved well economics.

The MZST process can be particularly beneficial for hydraulic fracturing operations in tight gas, shale gas and coal bed methane wells that target multiple reservoir zones, thick reservoir sections or long reservoir intervals where multiple stimulation treatments are required.

“The MZST process is a proven technology for rapidly completing wells in tight reservoirs such as shale gas,” said URC President Sara Ortwein. “As shale gas takes on growing significance, this technology will play a key role in improving the economics of developing this unconventional resource.”

The MZST process will enable Weatherford to optimize its stimulation operations by combining the deployment of perforating and hydraulic fracturing equipment simultaneously in the wellbore to enable "single-trip" multi-zone stimulations. The technology dramatically increases the number of zones that can be fractured per day compared to traditional fracturing and stimulation operations.

“We are always looking for proven technology to reduce completion costs without sacrificing safety or well integrity,” said Gary Flock, Weatherford vice president of pressure pumping. “The MZST process is an excellent fit with our existing portfolio of completion and well stimulation technologies and services and will help us add value to our customers in the unconventional gas business.”

The MZST process was developed by ExxonMobil Upstream Research Company, an affiliate of Exxon Mobil Corporation. The technology was recognized with Platts Global Energy Award for Most Innovative Commercial Technology in 2005 and has been licensed to numerous service companies.

About ExxonMobil Upstream Research Company

ExxonMobil Upstream Research Company is the Upstream research affiliate of Exxon Mobil Corporation (NYSE:XOM), a leading global oil, natural gas, and petrochemicals company with operations in nearly 200 countries and territories worldwide. ExxonMobil Upstream Research Company is charged with developing an industry-leading array of proprietary technologies that support the Corporation's continued leadership position in exploration, development, production and gas commercialization.

About Weatherford

Weatherford is a Swiss-based, multi-national oilfield service company. It is one of the largest global providers of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry. Weatherford operates in over 100 countries and employs over 60,000 people worldwide.

MZST is a service mark of Exxon Mobil Corporation.

CAUTIONARY STATEMENT: Statements in this release regarding future events or conditions are forward-looking statements. Actual future results, including the performance of new technology, could differ materially depending on geologic conditions, technical or operating factors, and other factors discussed under the heading "Factors Affecting Future Results" on the "Investors" section of our website at www.exxonmobil.com.