Apr 22 - 28, 2002
INVENSYS POWER SYSTEMS
PROVES ITS GREATNESS AS THE UPS INDUSTRY'S MOST SUCCESSFUL INNOVATOR
Culminating over 40 years of UPS design experience
Invensys Power Systems announced that it now has well over 50 patents
already awarded under their banner and with another 20 plus awaiting
accreditation it won't be long before the 100th patent is awarded.
"Our list of patents is already overwhelming
and includes the industry's most complex and exciting UPS
technological firsts. Some of the most advanced UPS technology is
credited to Invensys Power Systems and that is something we are very
proud of," said Ove Ohman, director R&D EMEA.
"With more than 20 patents still pending it
once again proves that Invensys Power Systems is by far the greatest
innovator of UPS technology," he added.
Spanning four decades Invensys Power Systems first
set the industry alight when its Method and Apparatus for Controlling
a Resonant Power Module and its Voltage Control Circuitry for UPS were
both granted patents. Since then the patent office has seen some mind
blowing advancements in the world of power systems including the
Inverter Power Supply System and the Back-UP UPS: AC Line Fault
Detection Apparatus an invention that changed the way we were to use
Nowadays Invensys Power Systems' range of UPSs are
packaged with the most advanced UPS technological expertise available.
Its next generation double conversion online UPS systems, its patented
Powerware Hot Sync® paralleling technology has provided some of the
world's biggest IT / Telecoms and other harsh environments the most
reliable and sturdy back up systems giving our customers peace of mind
Its not just patents we are good at winning either.
Awards from some of EMEA's leading publications confirms our
recognition as a true innovator in UPS technology. Awards won include,
Readers Choice Awards for best UPS — Arabian Computer News; Editor's
Choice — Computer Press, Russia; Best in Test — PC World Norway;
Best in Test — Computer Magazine, Finland; Technical Innovation —
Electrical Products, UK and finally and most recently the Powerware®
5115 was awarded the best 1000 VA product from the editor of the most
prestigious IT magazine in Germany - PC Professional. In addition the
Best Power Fortress® III won the best in test for 1050 VA products
from the same magazine.
"Invensys Power Systems is hugely proud of its
achievements and it is a great honour to receive these awards from
some of the industryís leading publications throughout EMEA and to
feel that our work and technology is recognised by so many experts in
our field," said Ohman.
And just last year Harry Pettersson, technology
manager at Invensys Power Systems' EMEA manufacturing and R&D
plant in Finland was appointed chairman of the UPS sub committee of
the International Electrotechnical Commission (IEC). A huge compliment
for both Invensys Power Systems, the range of UPS products and
Pettersson himself; "It is an honour to be asked to chair the UPS
sub committee of the IEC not only personally but to represent a
company who shows both dedication and bring technological excellence
to the UPS industry" said Pettersson.
ABOUT INVENSYS &
Invensys Powerware is a global leader in the power
solutions industry. Offering the broadest range of product and
services available today, Invensys Powerware integrates a full line of
AC and DC power systems, power conversion products, standby batteries,
telephone line surge suppression, power management software, remote
monitoring, turnkey integration services and site support, providing a
seamless solution. Powerware systems and services increase
enterprise-wide systems availability and are utilised in local and
wide area networking, data and voice over IP, co-location facilities,
fixed-line and wireless communication networks, and industrial
manufacturing. Invensys Powerware is headquartered in Raleigh, NC, and
is part of Invensys plc. Invensys plc is a global leader in the
automation and controls industry, with headquarters located in London,
England. Invensys operates in all regions of the world through four
focused divisions — Software Systems, Automation Systems, Powerware
and Control Systems.
GemNet is the authorized distributor for Powerware
Corporation (an Invensys company), and offers a large range of
specialized power related products and services. The company has local
offices in Pakistan (GemNet Private Limited) and Jebel Ali, Dubai,
U.A.E. (GemNet Gulf).
•Qualified team of engineers provide quality
installation and after sales service.
•Service plans to fit the clients needs, including plans that cover
the client's existing UPSs.
•Services also include: Needs Analysis, Comparative Product
Analysis, Cost Justification, Consulting, End-User Training,
Maintenance and After Sales Support.
INTERNATIONAL FRANCOPHONY DAY
Recently, the French consul general, Mr. Gilles
Bonnaud also Dean of the diplomatic corps hosted a dinner to celebrate
the International Francophony Day in Karachi. The occasion is
celebrated with fanfare in more than 50 member countries of the
Organisation Internationale de la Francophonie (International
Organisation of Francophony), to mark the anniversary of the founding
of the Agency for Francophony in 1970, in Niamey.
The French speaking nations under the aegis of this
organisation, currently headed by Mr. Boutros Boutros - Ghali former
secretary general of the United Nations, are dedicated to coordinate
and develop common economic, social and cultural projects. They also
aspire to adopt a united position in international politics and fora
as well as to promote a multilingual and multicultural world, which is
seen as a way to fight unipolarism and to reinforce world peace.
To show their solidarity eminent francophone
diplomats based in Karachi, Pakistani politicians, businessmen,
artists, journalists and French expatriates turned up in large number
at the French consulate. Prominent guests included Mr. Janusz Bylinski,
consul general of Poland, former ambassador and national security
advisor, Mr. Iqbal Akhund, former ambassador, Mr. Zia Ispahani,
politician Makhdoom Khaliquzzaman, doyen of the art world, Mr. Saeed
Nagi and journalists Irfan Hussain and Amina Jilani.
PSO HELPS SECURE ANOTHER
JAPANESE GRANT OF US$37.5 MILLION FOR PAKISTAN GOVERNMENT
The Government of Pakistan has received a second
grant of 5 billion Yen, equivalent to US$37.5 million (approx), from
the Government of Japan. This second grant was awarded due to the most
productive and efficient utilization of the first grant by Pakistan
State Oil (PSO) within the 1imited timeframe. The Government of
Pakistan has, therefore, awarded 50 per cent of the second grant to
PSO. The first grant worth JPY 3 billion was utilized by PSO for the
import of deficit petroleum products, thereby, saving precious foreign
exchange to the national exchequer. The equivalent amount of the grant
utilized by PSO is repaid to the Government of Pakistan in Pak Rupees
within the stipulated time. These funds are then available to the
Government of Pakistan for various social programs. Based on the most
successful implementation of the first grant, the Government of
Pakistan has awarded PSO another 50% of the second grant, equal to JPY
2.5 billion, which will also be utilized for the procurement of
deficit petroleum products for the country. The Crown Agents for
Overseas Governments and Administration Limited are authorized for the
management and administration of this non-project grant aid from
PRESTON PLEDGES 25 PER
CENT SCHOLARSHIPS TO JOURNALISTS, ARMED FORCES PERSONNEL AND
The management of Preston Institute of Management,
Science and Technology (PIMSAT), Karachi has announced that it has
pledged 25 per cent scholarships (on admission and tuition fee) across
the board to the journalists, armed forces personnel and government
employees and their sons and daughters seeking admissions in any
graduate and postgraduate academic programs being offered by the
Institute at all its ten campuses located in some of the major cities
According to Preston's spokesman, the Institute
offers more than 2000 scholarships, across all its campuses, to
bonafide and needy students every year. The spokesman further
mentioned that, as in the past, Preston would offer 600 scholarships
during the Summer Semester, admissions to which commence from the
3rdnd week of April 2002. Those students who are endowed and have
excellent academic record, those who are needy and those who fall in
any of the following categories such as journalists, armed forces
personnel and government employees would be entitled to avail this
Unfolding the details of the Summer Semester
admissions, Preston's spokesman said that admissions to all its
Bachelors and Masters programs (BS, MS, BBA, MBA, B. Tech, & BS
and MS Textile Engineering & Design) is going to start from
Saturday April 19, 2002. The application deadline for all the academic
programs is May 4, 2002 he said. Mentioning about the admission forms,
prospectus etc., the spokesman Preston Institute said these would be
made available to the prospective students at the Institute's campuses
located at their respective cities of residence. In addition, the
admission forms, prospectus and all other information materials
pertinent to the interest of the students would also be available at
the "free Information Seminars" being organized by the
Institute at its Islamabad, Peshawar, Multan, Quetta, Hyderabad and
Karachi campuses on April 23, and Gujranwala, Faisalabad and Lahore
campuses on April 24, 2002.
NEW PSO SYSTEM FOR TIMELY
DELIVERY OF PRODUCTS
Pakistan State Oil (PSO) has introduced
computerized Product Load Acknowledgment System that will ensure
proper and timely delivery of product loads to Wapda and independent
power producers (IPPs).
The new system involves daily downloading of
computerized data from all depots and sending a customized load
dispatch summary to industrial consumers through e-mail. Customers
return the file, indicating dates on which loads are received and if
they are satisfied with it and with their remarks.
The system will allow ready availability of
supply/load information, prompt recovery and settlement of shortages
claims with cartage contractors and speedy reconciliation at month's
PSO, at present, supplies products to power
stations of Wapda at Jamshoro, Pasni, Muzaffargarh, Guddu and Panjgoor.
Besides, the company also supplies to the Karachi Electric Supply
Corporation (KESC) and 12 independent power producers.
Representatives of independent power producers and
Wapda officials visited PSO House recently where they were shown the
computerized Product Load Acknowledgment System. The visitors greatly
appreciated the new system and hoped that it would make their job
WORKSHOP ON INTEGRATED DATA
BASE (IDB) HELD AT EPB KARACHI
A two day workshop on Integrated Data Base (IDB)
was held at Export Promotion Bureau, Karachi on 15th-16th April 2002.
This workshop was a part of series of workshops/ seminars being
organized by the Ministry of Commerce in collaboration with Department
for International Development (DEID), UK.
This two-day workshop was conducted by Mr. Daniel
Moralee & Mrs. Mariane Gigliardi who are experts working in
Integrated Data Base Division of World Trade Organization (WTO). The
focus of the workshop was on dissemination of information on trade
statistics, tariff negotiations in GATT, schedule of various WTO
member countries and retrieval and analysis of trade statistical
information. This highly informative and technical workshop was
attended by middle and senior level govt officials from Federal Bureau
of Statistics, Central Board of Revenue, Export Processing Zone, State
Bank of Pakistan & Export Promotion Bureau etc.
The purpose of such workshops is capacity building
and to develop the skills of officers of Ministry of Commerce, its
attached departments and other govt. departments including Revenue
Division, Federal Bureau of Statistics, Ministry of Agriculture, Food
and Livestock, Ministry of Industries & Products and State Bank of
Pakistan, thereby, enabling them to contribute effectively in
fulfilling international trade commitments and participating in future
LAUNCH OF HEALTHPLUS
Allianz EFU Health insurance Ltd. said it had tied
up with Liaquat National Hospital (LNH) to provide comprehensive
health insurance services to the local market. HealthPlus is the first
'Family' health insurance product to be offered in Pakistan covering
both outpatient and in-patient expenses.
"Allianz EFU believes in developing health
models that are designed in and for use within Pakistan, rather than
transplanting other countries' systems here. We like to work with our
customers and healthcare providers to develop and contribute towards a
modern, comprehensive and customer-focused health care system."
as said by Mr Ahmir ud Deen, Managing Director and Chief Executive of
Allianz EFU. Mr. Ahmir ud Deen added that Allianz EFU is able to
support the delivery of healthcare in Pakistan in various areas
including information systems, health insurance expertise, and
international experience of working in partnership with renowned
For the first time, individuals and families are
able to enjoy the benefits of health insurance as never before in
Pakistan. HealthPlus offers treatment at LNH covering hospitalization,
outpatient and maternity expenses. Both Allianz EFU and Liaquat
National Hospital are committed to developing and raising standards by
pioneering new concepts in health insurance, and helping to facilitate
the delivery of healthcare services according to international medical
Allianz EFU is Pakistan's first and only
specialized health insurance company and is a joint venture between
Allianz AG of Germany and the EFU Group of Pakistan. Established in
1890, the Allianz Group is one of the largest composite insurers in
the world with annual revenues of more than US$65 billion in the
financial year 2000, and an active presence in over 70 countries.
Liaquat National Hospital is one of Pakistan's premier hospitals
serving the community for the last fifty years. With 700-beds and
treatment available in 32 specialties, it is famous for its high
quality of treatment at affordable price. Together, Allianz EFU and
LNH have become a unique and powerful ally for the good health of the
people of Pakistan.
MODARABAS ENDORSE CORPORATE
The executive committee of Modaraba Association of
Pakistan (MAP), which met under the Chairmanship of Mr. Basheer A.
Chowdry, has endorsed the Code of Corporate Governance recently
introduced by the Securities & Exchange Commission of Pakistan (SECP)
and urged its members to bring their operations in line with the Code.
In this context, the Committee has formed a working group to assist
the members in complying with various requirements of the Code.
Modaraba Association of Pakistan has also plans to hold working
seminars for the Directors and Executives of the Modarabas at the
Karachi and Lahore with the assistance of Securities & Exchange
Commission of Pakistan to help them assimilate and implement the
spirit and modalities of the Code. The Committee appreciated the
guidelines provided and constant efforts made by SECP in improving the
corporate environment and offered its full cooperation to streamline
and improve the corporate governance of the Modaraba Sector. A close
working relationship already established between the MAP and SECP has
resulted in resolving of many operational problems of Modarabas and
timely action taken by Registrar Modarabas in certain cases has
safeguarded the interest of the certificate holders.
EFU GROUP OPENS COUNTER AT
To facilitate Air Travellers, EFU
Group-General-Life & Allianz EFU Health has set-up two insurance
counters at Quaid-e-Azam International Airport, International &
Domestic departure lounges.
EFU Group plans to set-up more EFU Counters at all
the airports of Pakistan including smaller airports in Sindh, Punjab,
NWFP and Balochistan Provinces.
Recently Governor Sindh Mohammedmian Soomro, while
inaugurating EFU Counters at Quaid-e-Azam International Airport
stressed the need to provide personal Accident Insurance Cover at all
airports of Pakistan to facilitate the air travellers and give cover
to their precious life.
Chairman EFU Mr. Rafique Bhimjee. Managing Director
Mr. Saifuddin Zoomkawala thanked Civil Aviation Authority for granting
the permission at Karachi and other airports.
EFU was established in 1932 and today it is
Pakistan's experienced and diversified insurer. EFU is the only
insurance group in the country, which provides coverage for health,
life and general insurance to individual as well as corporate clients
under one umbrella.
Mr. Taher Sachak, Managing Director EFU Life and
Mr. Hasanali Abdullah, Deputy Managing Director EFU General are
visiting EFU Counter at International departure lounge Karachi
PSO PLANS CARTAGE CONFERENCE
Pakistan State Oil (PSO), the country's largest oil
marketing company, will be holding its second cartage contractors'
conference in Multan on Tuesday, April 23, 2002.
The day-long conference will be addressed by the
PSO Managing Director, Mr. Tariq Kinnani, other members of the top
management and prominent cartage contractors. An interactive
question-answer session will follow the presentations. All the
prominent transporters from all over the country have been invited to
attend this major event.
PSO has planned a series of such conferences in all
the major cities. The earlier conference at Karachi in March this year
was the first-ever such event organized by an oil marketing company
operating in Pakistan.
The conferences are being held in line with PSO's
New Vision marketing strategy, to familiarize cartage contractors with
innovative technology the company is employing to ensure that its
products reach consumers in right quantity and quality.