HMS Networks AB: HMS Networks AB: Interim report January-June 2010

Net sales for the first six months amounted to SEK 165.3 m (115.6), corresponding to a
43.0 % increase. Net sales for the last twelve months amounted to SEK 294.3 m (276.5)
* Operating profit reached SEK 40.2 m (2.0), equal to a 24.3 % (1.7) operating margin.
For the last twelve month period operating margin amounted to 23.6 % (18.2)
* Order intake for the first half year increased with 43.2 % to SEK 167.8 m (117.2)
* Cash flow from operating activities improved with SEK 26.5 m reaching SEK 28.8 m (2.3)
* Profit after taxes totaled SEK 30.0 m (0.1) and result per share amounted to 2.64 kr
(- 0.01)

-Our growing portfolio of Design Wins in production phase and a higher market activity
on our customers markets resulted in a new historical sales record for HMS both for the
second quarter and for the first half year. Consequently we are now showing growth
figures also compared with the year 2008, says Staffan Dahlström, CEO for HMS.

Halmstad July 15, 2010

Staffan Dahlström
Chief Executive Officer

This report has not been reviewed by the Company´s auditor.

Further information can be obtained from:
CEO Staffan Dahlström, on telephone 035-17 29 01 or
CFO Gunnar Högberg, on telephone 035-17 29 95
See also: http://investors.hms.se http://investors.hms.se/

HMS Networks is a world-leading supplier of communication technology for industrial
automation. Sales totaled SEK 245 million in 2009. Over 90% of these sales were to
customers located outside Sweden. All product development and parts of the manufacturing
are performed at the head office in Halmstad. Sales offices are located in Tokyo,
Beijing, Karlsruhe, Chicago, Milan and Mulhouse. HMS has 164 employees and produces
network interface cards and products to interconnect different networks under the
trademark Anybus. The network interface cards are embedded in automation equipment such
as robots, control systems, motors and sensors. This allows subcomponents in machines to
communicate with one another and with different networks in order to build more
efficient and flexible manufacturing systems. HMS is listed on NASDAQ-OMX Nordic
Exchange in Stockholm in the category Small Cap, Information Technology.

HUG#1431777

Popular diabetes drug may help fight breast cancer

Washington, Sept 15 (ANI): A popular diabetes drug called metformin has been found to be effective in fighting breast cancer.

The findings of the study from Harvard Medical School showed that metformin, along with conventional chemotherapy, shows promise for treating and delaying recurrence of breast cancer.

“We have found a compound selective for cancer stem cells,” said senior author Kevin Struhl, the David Wesley Gaiser professor of biological chemistry and molecular pharmacology at HMS.

“What’s different is that ours is a first-line diabetes drug,” he added.

The drug seemed to work independently of its ability to improve insulin sensitivity and lower blood sugar and insulin levels, all of which are also associated with better breast cancer outcomes.

“There is a big desire to find drugs specific to cancer stem cells,” said Struhl.

“The cancer stem cell hypothesis says you cannot cure cancer unless you also get rid of the cancer stem cells. From a purely practical point of view, this could be tested in humans. It’s already used as a first-line diabetes drug,” he added.

Lead researchers Heather Hirsch and Dimitrios Iliopoulos found that the combination of metformin and the cancer drug doxorubicin killed human cancer stem cells and non-stem cancer cells in culture.

In mice, pre-treatment with the diabetes drug prevented the otherwise dramatic ability of human breast cancer stem cells to form tumours.

In cases where tumours were allowed to take hold for 10 days, the dual therapy also reduced tumour mass more quickly and prevented relapse for longer than doxorubicin alone.

“This is an exciting study,” said Jennifer Ligibel, a medical oncologist at Dana-Farber Cancer Institute and an HMS instructor in medicine, who was not involved in the study.

“There is a lot of interest in studying metformin in breast cancer, but so far we do not have direct evidence that metformin will improve outcomes in patients,” Ligibel said. “That’s what this trial is for.”

The findings appear online in the journal Cancer Research. (ANI)

Brit boy, 17, becomes youngest solo round-the-world sailor

London, Aug 27 (ANI): A 17-year-old Briton has become the youngest person to circumnavigate the world solo with assistance.

According to his team, Mike Perham raced past the finishing line between Lizard Point and Ushant, France, in his 50ft yacht Totallymoney.com at 9.47 and 30 seconds on Thursday.

Mike set sail from Portsmouth, Hampshire, on November 15, 2008 and celebrated his 17th birthday in the South Indian Ocean on March 16.

The teenager braved 50ft waves, gale, stormy winds and various other technical difficulties to successfully complete the 30,000-mile challenge.e crossed Portugal, the Canaries, South Africa, Australia and New Zealand during the voyage.

He also travelled across the Panama Canal on his trip.

The adventure freak, who is also the youngest person to cross the Atlantic Ocean at 14, crossed the equator and every longitudinal line to set up the world record.

The Telegraph quotes Craig Glenday, editor-in-chief of Guinness World Records, as saying: “This is another incredible achievement, and it marks Mike as the consummate record-breaker – someone who’s continually prepared to set themselves new and more challenging goals.

“Even the most experienced of sailors would be tested by the mental and physical stamina required to achieve a record of this magnitude. The fact that Mike achieved it at such a young age is a testament to his courage and unparalleled sense of adventure.” Oz Jesse Martin who’d completed the world voyage aged 18 years 104 days held the record previously but Mike has achieved the feat at the age of 17 years and 164 days.

Mike was ecstatic after setting the record.

He said: “I’ve made it, I’ve made my dream come true and it feels amazing. A big big thanks to my dad, mum, all the sponsors and every one who has helped me along the way. I can’t believe that the Royal Navy has sent HMS Mersey and a helicopter to witness my crossing the line. I feel very honoured.”

His father, Peter, said: “Mike is a very special son, he has done incredibly well. He has shown that with determination, you can succeed even in the most adverse circumstances.

“He has shown the world that he is an extraordinary young man and an inspiration to us all.” (ANI)

Suspected pirates seized by Swedish navy to be sent to Kenya

Suspected pirates seized by Swedish navy to be sent to KenyaStockholm – Seven suspected pirates detained earlier this week in the Gulf of Aden after a failed hijacking of a freighter are to be flown to Kenya for a possible trial, the Swedish Armed Forces said Thursday.

A Swedish corvette, the HMS Malmo, early Tuesday responded to a call for assistance from the Antonis and averted the attack.

The Swedish vessel fired warning shots and detained the seven alleged pirates and seized two pistols, a GPS navigator and a ladder on board the pirate’s boat.

Kenya has signed an agreement with the European Union to conduct judicial proceedings against suspected pirates.

“The transfer was based on evidence collected by the HMS Malmo,” military lawyer Johan Henningsson said in a statement.

The evidence included video footage, photos and accounts from crew on the freighter and the Swedish vessel as well as items seized on the pirate’s boat.

Henningsson said some Swedish crew members were to accompany the suspected pirates to Kenya and were likely to be summoned as witnesses in the probe.

Sweden on May 15 deployed two corvettes and a supply vessel as part of a joint European Union operation to escort ships carrying food and other supplies for the World Food Programme (WFP). (dpa)

Swedish navy heads off hijacking near Somalia

Swedish navy heads off hijacking near SomaliaStockholm- The Swedish Navy detained seven pirates in the Gulf of Aden, foiling an attempted hijacking of a freighter early Tuesday.

The Swedish HMS Malmo responded to a call for assistance from the Antonis and averted the attack, according to a statement issued by the Swedish Armed Forces.

The Swedish vessel fired warning shots and detained the seven pirates and seized two pistols, a GPS navigator and a ladder on board the pirate’s boat.

Sweden on May 15 deployed two corvettes and a supply vessel as part of a joint European Union operation to escort ships carrying food and other supplies for the World Food Programme (WFP). (dpa)

Rod Stewart, Suggs urge musicians to busk for charity

London, May 26 (ANI): Rod Stewart and Madness frontman Suggs have urged fellow musicians to take to the streets and start busking to help raise funds for charity.

The duo is initiating “Busking Cancer”, a “concert” to encourage artists across Britain to perform in public and gather money from audience to help Cancer Research UK.

Suggs and his fellow band members are due to play their tunes on HMS Belfast, secured on the banks of the River Thames for an exclusive one-night busking show.

Meanwhile, Stewart, who battled thyroid cancer, is asking musicians to come out and play.

“Busking is how I started, in the early 60s, on the streets of Paris. It is what music is all about – just getting out there and singing or playing for the sheer joy of it,” The Scotsman quoted him as saying. (ANI)

Journal from Darwin’s ship HMS Beagle fetches £97,250 at auction

London, May 8 (ANI): A journal from HMS Beagle, the ship which Charles Darwin voyaged on, has fetched 97,250 pounds at an auction.

The journal was kept by a commanding officer on the ship, which was the vessel that Darwin used during some of his most important journeys that helped him form his evolution ideas.

The journal details the end of its first hydrographic surveying voyage to Patagonia in South America, reports The Telegraph.lso on auction were 1930s photos of the royal visit of Princess Alice to Bahrain and Saudi Arabia.

Sotheby’s specialist Richard Fattorini said: “The visually stunning and historically important album sheds light on a turning point in Anglo-Saudi relations.

“Princess Alice’s trip was the first of its kind to the region and it coincided with the hugely important discovery of commercial quantities of oil in the region.” (ANI)

Lost Darwin ‘evolution egg’ surfaces 200 years on

London, Apr 10 (ANI): An egg collected by Charles Darwin on his five-year voyage on the HMS Beagle in the 1830 and lost for nearly 200 years has been found in a drawer at the University of Cambridge.

The small dark brown egg, with Darwin’s name written on it, was found by Liz Wetton, 80, a volunteer at the Zoology Museum’s bird egg collection.

It bears a large crack, caused after the great naturalist put it in a box that was too small for it, reports The Independent.

The egg is the only one known to exist from Darwin’s Beagle collection.

Researchers have known that Darwin collected 16 bird eggs during his trip between 1831 and 1836 but all were thought to be lost.

The finding was made in February during Wetton’s routine egg sorting.

“The funny thing is that this is Darwin’s year, so the timing is perfect, it couldn’t be better. I’ve always been interested in birds, I’m a bird watcher. And strangely enough, the egg is chocolate-coloured too: when someone in the museum saw it, they said, ‘It’s Darwin’s Easter egg!’” she said.

The egg, which belongs to the common tinamou, a relative of the ostrich, was donated to the museum by Alfred Newton, a friend of Darwin’s who was a professor of zoology at Cambridge.

When the museum’s curators consulted his private notebook, they discovered a reference to the egg which revealed: “One egg, received through Frank Darwin, having been sent to me by his father who said he got it at Maldonado (Uruguay) and that it belonged to the Common Tinamou of those parts. The great man put it into too small a box and hence its unhappy state.” (ANI)

Infant weight gain can predict later obesity

Washington, Mar 30 (ANI): Rapid changes in weight during infancy increase children’s risk of later obesity, says a new study.

According to a new study led by researchers in the Department of Ambulatory Care and Prevention at Harvard Medical School and Harvard ilgrim Health Care, as well as Children’s Hospital Boston, rapid weight gain during the first six months of life may place a child at risk for obesity by age 3.

“There is increasing evidence that rapid changes in weight during infancy increase children’s risk of later obesity,” says lead author Elsie Taveras, assistant professor in the HMS Department of Ambulatory Care and Prevention and co-director of the One Step Ahead clinic, a pediatric overweight prevention program at Children’s Hospital Boston.

“The mounting evidence suggests that infancy may be a critical period during which to prevent childhood obesity and its related consequences,” the expert added.

The study has been published in the April edition of the journal Pediatrics.

To reach the conclusion, researchers examined how weight and body length, or weight-for-length, in infancy can influence later obesity.

The team mined self-reported data from Project Viva, an ongoing study led by Matthew Gillman, senior author on the paper, of more than 2,000 pregnant women and their children. They isolated a subgroup of 559 mother/child pairs and studied patterns of weight gain in infancy and their subsequent three-year effect.

In addition to looking at static weight and length measures, the team also looked at weight gain as a dynamic process, measuring not only how much but how quickly an infant gained weight.

The connection between rapid infant weight gain and later obesity was striking, even after adjusting for factors such as premature babies or those underweight at birth. (ANI)

Spandau Ballet reunites for world tour

London, Mar 26 (ANI): Eighties pop group Spandau Ballet is reuniting for a world tour, band members told reporters at a press conference on the HMS Belfast in London.

The band, which gave hits like ‘Gold’ and ‘True’, will begin a world tour in the autumn, announcing an initial eight dates across Ireland and the UK, starting in Dublin on 13 October.

All five original members of the band got together publicly for the first time since they split in 1989.

“This is my other family really and I just missed them for the last 20 years,” the BBC quoted Gary Kemp, the group’s songwriter and guitarist, as saying.

“I wanted to get together just to have a chat about all those great experiences we had. To be able to make some new experiences is a really great opportunity and that’s what we plan to do,” he added.

Kemp’s bassist brother Martin said: “Families go through terrible times sometimes and they argue. But in the end we’ve got back together – which is the main thing.”

Hadley said they had buried the hatchet after ‘the realisation that time is a great healer’.

The band said that the world tour will focus on greatest hits, but if it goes well they will consider writing new material together. (ANI)

Obama gives prominent place to British mementos in Oval Office

New York, Mar 5 (ANI): After facing much criticism for returning a bust of Winston Churchill, US President Barack Obama is giving some British mementos a prominent place in and near the Oval Office.

According to Politico, Obama, in a ten-minute phone call on March 4, gave his regards to British Prime Minister Gordon Brown for dropping off the gifts on Tuesday when he visited the White House.

An official release said that the surprisingly detailed readout on the call said Obama has put a penholder taken from the HMS Gannet on his Oval Office desk, known as the ‘Resolute Desk’.

The statement also said a first-edition biography of Churchill, the legendary World War II British premier, has been placed in the President’s private study just outside the Oval office.

The British press was highly offended by the return of Churchill’s bust, which sat in the Oval Office for nearly seven years before being returned.

They believe that Obama does not value US-Britain relations as highly as President Bush did.

Obama, however, has dismissed the notion, and called it ‘ridiculous’.

He has, since then, been over cautious in demonstrating his friendliness and appreciation for Brown.(ANI)

Obama gives prominent place to British mementos in Oval Office

New York, Mar 5 (ANI): After facing much criticism for returning a bust of Winston Churchill, US President Barack Obama is giving some British mementos a prominent place in and near the Oval Office.

According to Politico, Obama, in a ten-minute phone call on March 4, gave his regards to British Prime Minister Gordon Brown for dropping off the gifts on Tuesday when he visited the White House.

An official release said that the surprisingly detailed readout on the call said Obama has put a penholder taken from the HMS Gannet on his Oval Office desk, known as the ‘Resolute Desk’.

The statement also said a first-edition biography of Churchill, the legendary World War II British premier, has been placed in the President’s private study just outside the Oval office.

The British press was highly offended by the return of Churchill’s bust, which sat in the Oval Office for nearly seven years before being returned.

They believe that Obama does not value US-Britain relations as highly as President Bush did.

Obama, however, has dismissed the notion, and called it ‘ridiculous’.

He has, since then, been over cautious in demonstrating his friendliness and appreciation for Brown.(ANI)

EPF interest rate remains unchanged

New Delhi, Feb 23 (ANI): The Employees Provident Fund (EPF) board, in a meeting chaired by Labour and Employment Minister Oscar Fernandes, decided on Monday that the rate of interest would continue to remain at 8.5 per cent per annum.

The decision to retain the same rate of interest was a blow to protesting trade unions and four crore provident fund subscribers who were demanding an increase of atleast one per cent.

The trade unions are complaining about the failiure of the government to increase the interest rate to 9.5 per cent as promised by Prime Minister Manmohan Singh.

At the Central Board of Trustees meeting, representatives of AITUC, CITU, BMS, HMS, AIUTUC and All India UTUC registered their demands in the presence of Fernandes, who is also the chairman of the Board.

However, the efforts of the unions have come to no avail.

About 70 per cent of the EPFO’s 33,000 crore corpus remains deposited with the government’s special depository schemes. (ANI)

UK, French submarines may have suffered greater damage

London, Feb. 19 (ANI): The British and French nuclear missile-carrying submarines that collided earlier this month in the Atlantic Ocean may have hit each other several times causing greater damage.

A French regional daily newspaper, Ouest France, claimed that the French vessel, with an arsenal 1,000 times more powerful than the atom bomb dropped on Hiroshima, suffered much more serious damage than officials have admitted.

Le Triomphant is currently moored at its base of l’Ile Longue, near Brest in Brittany, where its conning tower and the starboard sail plane attached to the conning tower are visibly deformed by the incident, the Scotsman reports.

Earlier, the Royal and French navies had said that the two submarines, HMS Vanguard and Le Triomphant, ‘briefly came into contact at a very low speed while submerged’.

The French Navy announced the damage to Le Triomphant was limited to the glass and composite domed structure that houses its Thales sonar at the tip of her bow.

On Thursday, it was disclosed that at least three separate parts Le Triomphant’s structure suffered significantly greater damage from the collision.

However, HMS Vanguard was reportedly seen returning to base at Faslane with scrapes and dents to her hull.

Vanguard is one of Britain’s four V-Class subs forming our Trident nuclear deterrent. Each is armed with 16 ballistic missiles. (ANI)

Brit defence chiefs under the scanner over submarine collision

London, Feb.17 (ANI): Britain’s defence chiefs are facing an inquiry into the safety of the United Kingdom’s nuclear deterrent after British and French submarines, each laden with missiles powerful enough for 1,248 Hiroshima bombings, collided while submerged in the mid-Atlantic.

HMS Vanguard, the lead boat of Britain’s fleet of four V-class submarines armed with Trident nuclear missiles, limped back into its home port of Faslane in Scotland on Saturday showing significant damage. Witnesses said the hull was scarred with dents and scrapes.

The weather was rough in the middle of the night of 3 and 4 February when the British submarine, which was carrying 135 crew, struck Le Triomphant, the flagship of the French nuclear strike force, destroying the French vessel’s fibreglass sonar dome, which juts out from the bow and, among other tasks, is supposed to detect other submarines.

In London, according to The Independent, the Ministry of Defence was forced to confirm the embarrassing collision between strategic allies after the French Navy posted details of the accident on its website.

Both countries insisted that neither the missile-launching capacity nor the nuclear safety of the submarines, carrying 265 crew and 32 intercontinental ballistic missiles, were affected.

Defence sources said the accident was the result of the “infinitesimal” coincidence that both submarines were operating at the same depth and location in the Atlantic.

Naval experts, who underlined that the two nuclear submarines were built with hulls designed to withstand huge pressures, expressed surprise that the sonar arrays of both had failed to detect either vessel.

Sonar technology is now so sophisticated manufacturers boast it can recognise a small fish.

That it does not seem to have been able to pick out a submarine nearly the length of two football pitches and the height of a three-storey building could be explained by the development of stealth technology, making the submarines less visible to other vessels.

Anti-nuclear campaigners said the two vessels had been moments from a potentially catastrophic accident, which could have resulted in the widespread release of radioactive material. (ANI)

Spandau Ballet set to make a comeback

London, Feb 16 (ANI): Popular Brit band Spandau Ballet are all set to make a comeback after they disbanded in 1989.

The band, which is made up of Tony Hadley, brothers Martin and Gary Kemp, Steve Norman and John Keeble, will be performing on board HMS Belfast.

The venue is on the River Thames, where they first played in 1979.

The reunion has been orchestrated by their manager Steve Dagger.

“It’s true,” the Telegraph quoted him as telling the Sunday Express.

“We’re not making announcements yet, but yes, basically the boys are back in town.

“Not just a nostalgic re-run of the old, but a fresh slant on what Spandau Ballet are all about,” he added.

Relations between the band members had been strained since 1999, when Hadley, Norman and Keeble sued Gary Kemp claiming that he owed them royalties.

“Every band on the way down is a band on the way up. But I never thought I’d see this one,” Roy Eldridge, former boss of their old label Chrysalis Record, said.

“Once, they couldn’t stand to be in the same room together, let alone play. ut now they are older, fatter, poorer, there’s every reason to see if the magic still works,” he stated. (ANI)

Exact replica of Charles Darwin’s HMS Beagle cabin goes on show

London, Feb 10 (ANI): As part of a one-million pound exhibition staged at Charles Darwin’s home in Kent, an exact replica of his cabin aboard the HMS Beagle has been produced.

English Heritage has created the unusual display at Down House near Orpington to mark the 200th anniversary of his birth on February 12.

Darwin spent the last 40 years of his life there, writing On the Origin of Species (1859) and The Descent of Man (1871).

Some of the 43 surviving pages of his manuscript for Origin of Species are also on display, plus a rare first edition of the work.

“He is really better known for his time in the Galapagos but this is where he spent 40 years of his life,” the Telegraph quoted his great-great-granddaughter Sarah Darwin, a biologist at the Natural History Museum, as saying.

The English Heritage exhibition opens on Friday 13. (ANI)