CORPORATE
•	Intel sees more OEM vendors using Itanium SOME of the Indian hardware OEM vendors will soon start using the `next generation enterprise servers' based on the Intel Itanium processor family.
•	Pentamedia board approves GDR allotment THE board of directors of Pentamedia Graphics, at a meeting on the July 13, approved the allotment of 12.7 million GDRs at the rate of $1.50 per GDR for cash to investors, as advised by Investment Banking Division of Amas Bank, Geneva.
•	Aztec posts 58% rise in Q1 net AZTEC Software and Technology Services Ltd has reported an increase of 58 per cent in net profit and 74 per cent in revenues for the first quarter ended June 30.
•	Escorts sets up arm to provide IT solutions THE Rs 3,200-crore, Delhi-based Escorts Group has launched iServ India Solutions Pvt Ltd, a wholly-owned subsidiary with services to address the demand for information technology (IT) infrastructure related corporate solutions.
•	KPIT Q1 net at Rs 39.67 lakh PUNE: KPIT Infosystems has recorded a gross revenue of Rs 11.20 crore for the quarter ended June 30. The company has registered a net profit of Rs 39.67 lakh, according to a release.
•	BPL Mobile meet in Kochi KOCHI: To enable its subscribers experience the latest in wirefree communication, BPL Mobile is organising a `Techno Meet' in Kochi and other major towns in Kerala by next week.
•	Silverline partners with PanamaTech MUMBAI: Silverline Technologies Ltd on Tuesday announced that it would partner with PanamaTech to puruse joint projects with clients who wished to complete business transactions electronically.
EVENTS
•	Tap IT for big gains, insurers told THE use of IT could effect savings of up to 20 per cent in the operations of insurance players while also leading to quicker effective transaction and processing.
LAUNCHES
•	Schools Online launches India operations MUMBAI: Schools Online (SOL), the US-based philanthropic organisation, has launched its Indian operations with support from Nortel Networks.
•	Temasek incubation centre in Chennai -- To focus on start-ups, early stage cos THE Singapore-based Temasek Capital on Tuesday launched inCube India, its incubation programme. As part of the programme, it has set up an incubation centre in Chennai, spread over 8,600 sq.ft., which will be the initial window to the Temasek network for select Indian companies.
•	Billjunction service in Bangalore BILLJUNCTION.COM, a network company of ICICI Venture Ltd, has launched its universal online bill presentment and payment services in Bangalore.
•	For your eyes only The Elite Group has introduced Xenon 20:20, an ``innovative electronic device and the first of its kind to reduce the effects of computer vision syndrome (CVS).''
•	Get the best output... Lexmark International Inc has introduced the Lexmark J110 colour printer which ``employs a unique combination of colour laser speed and quality with breakthrough affordability,'' says the company.
•	... from the fleet-footed D-Link has unveiled the V.90 USB 56K modem with which one can, the company says, fulfil the craving for extreme multimedia-intensive Web surfing.

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