Mediaboss Marketing

Jakarta (The Jakarta Post/ANN) - Two leading Asian tech companies are looking to capitalize on the Indonesian market's zest for social networking this year, targeting to net at least 8 million local users for their products and services by the end of 2012.

Sean Zhang, Asia-Pacific director of Tencent Mobile Global, said that they planned to launch their products in the local market next month.

Tencent runs China's largest instant messenger service (IM), QQ, which had 711.7 million active users as of September 2011. The company also operates the web portal qq.com.

"Actually, the first thing for us this year is to introduce our QQ Browser and Qute," Zhang said.

Zhang added that the company's browser and its Qute messaging application would be "totally" cross-platform, as the products would be available for a variety of mobile phones, ranging from smartphones using the Android operating system to feature phones using Java.

He added that the QQ Browser would even allow users of lower-end feature phones to surf the Internet, while Qute would allow mobile phone users to message each other regardless of the model of their phones.

Only a few mobile instant messenger programs are in wide use in Indonesia, led by the popular BlackBerry Messenger (BBM) program, which supports messaging between BlackBerry smartphone users only.

Zhang added that Tencent was wanted to collaborate with local partners to ensure its products were usable by different mobile phone models.

"We try to cooperate with operators to provide very cost-effective products to end-users. There will be a data plan for the QQ Browser and Qute, so it will be very easy for users to use."

Zhang added that the data traffic generated by the products would translate into revenue for operators.

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Japanese, Chinese social media gamers mull entering Indonesia

ATOSS presents record results for a sixth time

Munich, 12.03.2012 - At todays press conference ATOSS Software AG will present record results for a sixth time in succession. The Munich-based specialist in workforce management recorded an 8 percent increase in sales which climbed to EUR 31.6 million (previous year EUR 29.3 million). Operating profits (EBIT) were 7 percent higher at EUR 7.3 million (previous year EUR 6.8 million). Shareholders are due to participate in the companys success with a dividend of EUR 0.71 per share (previous year EUR 0.60), representing an increase of 18 percent. Despite the reticent order situation in the first months of the current financial year, the management stands by its forecasts for 2012.

New record figures in 2011, revised investment policy paying off

In 2011 ATOSS achieved an operating profit (EBIT) of EUR 7.3 million (previous year EUR 6.8 million). As a result, the return on sales at 23 percent remained on the same high level as in the year before, despite increased investments. The decision to revise the investment policy in line with market conditions is paying off for ATOSS. While the goal remains to preserve and develop sustained long-term value, the range of investments has been diversified. ATOSS is now investing in particular in dividend-bearing securities with real value along with physical gold, as well as short-term deposits. Accordingly the company recorded strong financial income of EUR 1.1 million (previous year EUR 0.1 million). Earnings before taxes (EBT) and net income both put on double-digit growth. In 2011 EBT climbed 21 percent to EUR 8.4 million (previous year EUR 7.0 million), while net income at EUR 5.7 million was some 18 percent higher (previous year EUR 4.8 million). Earnings per share also reached a new high of EUR 1.43 (previous year EUR 1.21).

Balance sheet structure remains sound

In financial year 2011 ATOSS again generated a very strong operating cash flow at EUR 5.3 million (previous year EUR 5.6 million), equivalent to 17 percent of sales. Liquidity was up 18 percent to EUR 24.9 million (previous year EUR 21.1 million), equivalent to EUR 6.25 per share compared with EUR 5.32 last year. These figures provide the basis on which to continue the successful implementation of the companys strategy, and finance the planned expenditures on research and development as well as on developing the business model. The companys equity base also signals confidence in the future. As of December 31, 2011 the equity ratio stood at 67 percent, compared with 63 percent for the year before.

As of December 31, 2011, orders for software licenses amounting to EUR 6.9 million were up by a significant nine percent over the year before. In the fourth quarter alone ATOSS booked orders valued at EUR 2.1 million. Orders on hand at the year-end at EUR 3.3 million were seven percent higher than the year before (EUR 3.1 million).

Transparent dividend policy

Since 2003 around half of the companys earnings per share have been distributed to shareholders. In continuation of this policy when the Supervisory Board met this year to adopt the accounts it was decided to propose that the AGM on April 20, 2012 should approve a dividend of EUR 0.71 per share. Based on the closing price of ATOSS stock in 2011, this represents a dividend yield of 4.3 percent (previous year 3.5 percent). Inclusive of this dividend for 2011, the total distribution per share since 2003 amounts to EUR 11.41 per share.

Outlook for 2012, current business trend

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DGAP-News: ATOSS presents record results for a sixth time

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ABSTRACT: OUR LOCAL CORRESPONDENTS about tax evasion and the residency requirements for New York City taxes. Tax rates on the rich have become a highly charged political issue. Mitt Romney, after resisting making his tax returns public, revealed that he paid 13.9 per cent of his 2010 adjusted gross income of $21.6 million in federal tax. Some of the wealthiest people in the country pay even less. The Internal Revenue Service discloses detailed statistics for the four hundred highest-earning taxpayers in the country. In 2008, the most recent year available, those taxpayers had an average adjusted gross income of two hundred and seventy million dollars each. Thirty of them paid less than ten per cent in federal taxes, and a hundred and one paid between ten and fifteen per cent. On average, the group paid 18.1 per cent. President Obama has seized on that fact, making tax fairness a central issue in his relection bid. The President has called for comprehensive tax reform and for specific proposals for a Buffett Rule, which would raise tax rates on taxpayers earning more than a million dollars a year. Romney has called for a twenty-per-cent across-the-board tax cut, while limiting some deductions. None of the proposals address the fact that rich people arent taxed on certain income, either because it is exempt, as with interest on municipal bonds, or because they claim to be living outside the jurisdiction that is levying the tax. Relatively scant media attention has been paid to residency requirements, even though enormous revenue is at stake. Tax audits and hearings are ordinarily confidential, but several published opinions and related appeals reveal how some New Yorkers take advantage of the residency requirement. (New York City tax laws dont apply to people who are deemed to be nonresidents, even if they own a residence in the city and work there. Nonresidents are allowed to spend no more than half a yeara hundred and eighty-three daysin New York City.) Many states have such requirements. Relatively few cities levy personal income taxes, but the largest ones that do, besides New York City, are Baltimore, Cleveland, Denver, Detroit, Philadelphia, Pittsburgh, Portland, San Francisco, and St. Louis. The problem is especially acute for cities like New York, which are geographically close to nearby lower-tax jurisdictions. People who want to avoid both New York State and New York City income taxes are permitted to own a residence and work in the city and the state but must maintain a primary residence outside the state. The residency loophole provides an obvious financial motive to lie. One prominent tax lawyer said that cheating is rampant. Discusses the residency-requirement cases of hedge-fund manager Julian Robertson, criminal-defense attorney Thomas Perry, and Martha Stewart.

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James B. Stewart: How Julian Robertson of Tiger Management dodged taxes.

By Leon Lazaroff and Zachary Tracer - Sun Mar 11 21:00:00 GMT 2012

MagicJack VocalTec Ltd. (CALL), a pioneer of phone call-over-Internet technology, climbed the most among Israeli stocks traded in the U.S. last week on prospects demand for cheaper calls will spur the company to report its first profit this year.

Netanya, Israel-based MagicJack added 9.2 percent in U.S. trading last week to $24, bringing its advance for the year to 76 percent, the best performance of the 25 stocks on the Bloomberg Israel-US 25 Index (ISRA25BN) of the most-traded Israel companies in New York. The measure added 0.8 percent on March 9 to 85.41, trimming its decline in the week to 0.3 percent.

MagicJack, which reports audited fourth-quarter results this week, will turn a first profit of as much as $27.8 million in 2012, according to analyst estimates collected by Bloomberg. With the U.S. economy growing less than 2 percent in the past three quarters, consumers are cutting costs by using cheaper Internet calling offered by MagicJack and Microsoft Corp.s Skype Technologies SA, according to Eagle Global Advisors LLC.

People, especially in a tough economic environment, look for ways to reduce their expenditures, and companies like MagicJack and Skype are those types of companies that attract users due to their low costs, said John Gualy, a partner at Eagle Global Advisors in Houston and portfolio manager for the Timothy Plan Israel Common Values Fund (TPAIX). Theyre going from losing money last year to starting to generate good cash flow this year.

Gualys fund owned 11,500 shares in MagicJack at the end of 2011. He said the Israel Common Values Fund manages around $9 million.

MagicJack shares still have room to climb and are undervalued given the companys potential to grow revenue by as much as 30 percent this year, Chief Executive Officer Dan Borislow said in an interview on March 9. He said the companys MagicJack Plus device, which lets users make and receive calls over the Internet without turning on a computer, will help attract more customers.

In the United States, people are used to using telephones, and unlike Skype we enable the use of a telephone, he said by phone from West Palm Beach, Florida. Really anyone who has high speed Internet access, we have something to sell or provide those people.

The company, whose TV ads featured U.S. womens soccer player and Olympic gold medalist Abby Wambach, will file audited 2011 results on March 14 or 15, Borislow said. The net loss in the fourth quarter of 2011 is expected to be 9 cents a share on sales of $29.6 million, the company said in a Feb. 16 statement. The figures exclude one-time gains and charges as well as other adjustments.

We dont expect anything different at all from what weve already put out, Borislow said.

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MagicJack Shares Climb as Economy Pushes Calls to Web: Israel Overnight