CORPORATE
•	Siemens targets 12 pc growth in Asia-Pacific EVEN as the mobile phone handset market faces a year of flat growth in Europe and the US, Siemens is targeting a growth rate of 25 per cent in the Asia-Pacific market this year.
•	Corporate format for Media Lab Asia likely MEDIA Lab Asia, established in India by Massachusetts Institute of Technology (MIT) in association with the Union IT Ministry, is most likely to have the structure of a company.
•	Pentamedia seeking investors for arms PENTAMEDIA Graphics Limited, an animation and special effects software firm, plans to bring in strategic investors to the various subsidiaries of the company ``to spur better value and growth,'' a notice to shareholders says.
•	Pentagon Global net zooms 380 pc THE Chennai-based Pentagon Global Solutions Ltd has reported a net profit of Rs 8.09 crore on a turnover of Rs 35.95 crore for the year ended March 31, 2001, compared to a net profit of Rs 1.68 crore on a turnover of Rs 7.21 crore last year. This represe nts an increase of over 380 per cent in net profit.
•	Questech to tap N. American market QUESTECH India Ltd, a Bangalore-based e-solutions provider, is planning to expand into the North American market. It is scouting for a local partner to set up an office either in the US or Canada, according to Mr A.V.Bhaskar, CEO, Questech India.
•	Globsyn pact with Malaysian firm GLOBSYN Technologies Ltd (GTL), a Delhi-based software solutions and training company, has signed a memorandum of understanding (MoU) with Knowledge Workers Exchange (KWX), a Malaysian Government-owned company, for forming a joint venture company to impa rt software training to the Malaysian Government employees.
•	Infotech signs marketing pact with Japanese co INFOTECH Enterprises Ltd (IEL), the Hyderabad-based software solutions company specialising in geographic information systems (GIS), has announced that it has signed a memorandum of understanding (MoU) with E&M Co Ltd, a Tokyo-based software services com pany, to serve as Infotech's exclusive marketing partner in Japan.
•	New COO of Zee Learning MUMBAI: Mr Dilip Mahapatra, Director of Zee Learning Centres, has been appointed as Chief Operating Officer of Zee Interactive Learning Systems Ltd (ZILS), a subsidiary of Zee Telefilms Ltd.
•	Futures and options on IndiaBulls NEW DELHI: Online trading portal, IndiaBulls, has introduced futures and options trading for its customers. The product offering has been combined with its online equity-trading product.
•	Portal pact with ILPA, Tata Engg NEW DELHI: Whoswhoindian.com, a Web-based encyclopedia on India and Indians, has tied up with Indian Leather Products Association (ILPA) and the Eastern regional office of Tata Engineering.
•	CMTES tie-up with Australian varsity HYDERABAD: CMTES Informatics Ltd, a Hyderabad-based computer education firm, has tied up with the Australia-based La Trobe University to offer the latter's Master of Information Technology (MIT) course at Hyderabad.
EVENTS
•	Venture capitalists `going back to basics' AT the recently-concluded TiEcon, the annual conference of the TiE (The Indus Entrepreneurs), venture capitalists and entrepreneurs, the theme tellingly was `Back to the Basics', said Mr Vijay C Angadi, of ICF Ventures, who is just back from the meet.
•	CNBC, Sun, Wipro to host event MUMBAI: CNBC India, Sun Microsystems and Wipro Infotech have decided to colloborate to present `Managing India Brainstorm' on July 6, 2001.
LAUNCHES
•	Pocket genie BUSINESS intelligence is now a must-have in the corporate database tool-kit. And, getting it on the cell-phone/hand-held device is as important as, if not more than, getting it at all.
•	Looking sharp... Canon has announced the launch of an extended range of digital imaging products. The range includes three digital cameras, including Powershot A10, Powershot A20, Digital IXUS 300 and CP 10, a digital card photo printer, which prints directly from the ca mera, without the need to connect to a computer, in less than 60 seconds, says Canon.
•	and sounding good... Microtek International Ltd has added one more amplified multimedia computer speaker, the Josh 820 PMPO, to its range. The speaker, magnetically shielded and with Windows 95/98/2000 compatibility, is designed to give a well-balanced sonic spectrum, says t he company.
•	... and charged up! Vintron Informatics Ltd has unveiled a new uninterrupted power supply (UPS) system in the 525 VA range which will help ensure continuous power supply for PCs, according to the company.
TRENDS
•	Lay-off or job cut: it hurts the same SOME companies call it lay-offs, others job cuts and still others business restructuring, and claim that it has nothing to do with the slowdown.
•	An expert's views on riding out the slump IT professionals still have a bright future, provided they identify the growth areas, according to Mr Ronn Gusaas, a technology management consultant to many Fortune 500 clients.

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