ECB’s Weber says EU needs stronger aid oversight

May 31 (Reuters) – The European Union needs stricter mechanisms for monitoring member states that receive financial aid from others, and a bankruptcy procedure should be looked at, European Central Bank Governing Council member Axel Weber said.

“In the case of support, it is necessary to have procedures that ensure a member state implements the necessary measures and does not consciously accept a danger to the union,” Weber said in a copy of a speech to be delivered in Mainz on Monday.

“To strengthen preventative measures against such a case, an insolvency arrangement should be seriously examined,” he added. (Reporting by Brian Rohan and Madeline Chambers)

CPM asks Government to own up on phone tapping responsibility

New Delhi, Apr 24 (ANI): The Communist Party of India (Marxist) on Saturday asked the Union Government to own up responsibility for tapping phones of top leaders, including that of its General Secretary Prakash Karat.

CPM alleged that the government is indulging in such acts to “serve its political purpose.”

It also demanded enforcing strict guidelines to prohibit such surveillance.

Referring to reports in a daily on tapping of phone calls of four political leaders including Karat, the party said it was a serious matter and alleged that government was using intelligence agencies to serve its political purpose.

“The report shows that the government is using the intelligence and security agencies to serve its political purpose to spy upon opposition leaders and to keep track of even its own allies and party leaders,” party said.

The CPM demanded action against those who ordered the surveillance.

“Such acts subvert the democratic system and breeds an atmosphere of illegality in the higher echelons of the government. They cannot be tolerated,” CPM said.

“Protecting the covert activities of the intelligence and security agencies cannot be made the pretext for a cover-up,” party added.

Further, the instructions on tapping of phones and surveillance on grounds of national security or investigation of criminal activity must be codified, the party said, demanding that intelligence and security agencies must be subject to parliament’s oversight.

Earlier, Karat described tapping as illegal and intolerable.

“The UPA Government is resorting to the tapping of phones of political leaders which is illegal and intolerable. The government has to own up responsibility and take action against those responsible,” Karat said.

On the other hand the Communist Party of India (CPI) said on Saturday that tapping of phones of top political leaders was a “serious assault” on democratic and civil rights.

The party sought an explanation from the Union Government on the issue.

Interacting with media party National Secretary D Raja said the act of telephone tapping deserves to be condemned in strongest terms.

“We are not living in a military regime… We are adopting a democratic system. Under the circumstances, tapping of phones of leaders of political parties is a serious assault on democracy and deserves to be condemned in strongest terms,” Raja said.

Raja alleged that the tapping could be used for political purposes. (ANI)

Obama to stress derivative oversight in meeting

WASHINGTON, April 14 (Reuters) – President Barack Obama will argue for strong oversight of derivatives as he meets on Wednesday with top Democratic and Republican lawmakers to discuss a sweeping package of financial regulatory reforms, a senior administration official said.

Currencies | Regulatory News | Bonds | Global Markets

Derivatives are the same financial products that led to the near collapse of insurer AIG and a part of Wall Street reform many Republicans have been fighting to weaken, the official said.

(Reporting by Patricia Zengerle, editing by Jeff Mason)

Ex gratia payment to crime victim

WA Attorney-General Christian Porter says an oversight by the Government is to blame for an elderly crime victim not receiving thousands of dollars stolen from him.

Thieves broke into the home of 83-year-old Mervyn Fletcher in 2008 and stole between $50,000 and $80,000 from his safe.

The offenders were caught and convicted and three cars they bought with the stolen cash were seized.

The Government sold the cars at an auction and the profit was put into consolidated revenue.

Mr Porter has revealed the Government will make an ex gratia payment to Mr Fletcher to return some of the money taken from him.

But he will not say how much payment will be.

“The amount is likely to be modest to Mr Fletcher, representing cash that was seized and cars that were auctioned,” he said.

“That is likely to be a modest amount.

“Mr Fletcher should really be applying for criminal injuries compensation.”

Opposition MP Roger Cook says the ex gratia payment should include the consolidated revenue made by the Government from the sale of the cars.

“The Government should recompense Mervyn Fletcher for the amount of money that was stolen from him and then confiscated from the people who were convicted of the crime,” he said.

“Mervyn also deserves to receive the amount of money which was retrieved from the sale of the vehicles bought with the proceeds of the crime.”

Gunns director gets ASX ‘please explain’

The Australian Stock Exchange has issued Gunns director Robin Gray with a “please explain” after he lodged a late notice about his shareholding.

On February 26 Mr Gray, a former Tasmanian Premier and Gunns board member, bought 100,000 Gunns shares, valued at $55,000.

Mr Gray was required to notify the ASX of his purchase by March 5.

Gunns did not notify the ASX of the purchase until March 11.

Company secretary Wayne Chapman says the notice “was late as a result of an oversight by the director.”

Mr Chapman says the company has procedures to ensure directors lodge their forms on time and it will send reminders to “relevant people” about their obligations.

Gunns’ chairman John Gay has previously said that interstate investors are pressuring him, Robin Gray and Richard Millar to leave the board.

Gunns’ share price today dropped 5 per cent to 48 cents.

Obama hails Senate panel vote on financial reform

U.S. President Barack Obama on Monday welcomed the Senate Banking Committee’s approval of financial regulatory reform legislation.

The Democratic-led panel’s party-line vote will allow the full Senate to take up the measure in April.

“We are now one step closer to passing real financial reform that will bring oversight and accountability to our financial system and help ensure that the American taxpayer never again pays the price for the irresponsibility of our largest banks and financial institutions,” Obama said in a statement. He vowed to fight to strengthen the measure and urged senators to resist efforts to water it down.

(Writing by Caren Bohan; Editing by Peter Cooney)

NT needs oil experts

The Northern Territory Opposition and Conservationists are criticising the Northern Territory government’s role in regulating the Montara oil well that leaked into the sea for more than 10 weeks last year.

Counsel Assisting an inquiry into the spill yesterday called into question the Northern Territory Government’s regulation of the petroleum industry.

The Northern Territory Opposition is calling on the Government to ensure it has the expertise to properly manage the oil and gas industry.

The Territory Opposition’s Willem Westra van Holthe said the Territory Minister responsible, Kon Vatskalis, needs to address the issues.

“We often see in this Northern Territory Government a culture of cover up,” Mr Westra van Holthe said.

“But what we are seeing this time is deafening silence from the Minister.

“The first thing the Minister needs to come out and do is tell the Northern Territory public just what role his department has had in oversight on the well.”

Conservationist Pru Barnard said the governing bodies were not paying enough attention, and a national body should regulate wells in Northern Territory waters.

“You have to look at why they didn’t have the resources,” Ms Barnard said.

“Apparently the oil companies of the world produce billions upon billions of dollars.

“Why are they not handing over money to be properly regulated and properly accountable .

“It is just simply unacceptable that this happened and was allowed to go on for so long.”

The Resources Minister Kon Vatskalis said the government would work with the Commonwealth to make any appropriate improvements, once the findings are released.

In a statement, he says the government will work with the Commonwealth to make any appropriate improvements, once the findings are released.

Company under scrutiny over oil disaster

A federal inquiry into a large oil spill off the Western Australian coast has heard it is fortunate no human lives were lost in the incident.

In his opening statement, counsel assisting the inquiry, Tom Howe QC, says the blowout of oil and gas from the well in the Montara oil field could have had potential catastrophic consequences and it is lucky no-one died.

Oil and gas from the well began leaking into the Timor Sea last August, causing thousands of barrels of oil and gas to spill into the ocean off the Kimberley coast.

The leak, which continued for more than 10 weeks, was eventually stopped when heavy mud was pumped down a relief well.

Mr Howe says there was a number of potential reasons for the blowout.

He says the owner of the well, Thai-based company PTTEP Australasia, did not install one of the pressure caps usually required in a well.

Mr Howe says no-one has been able to provide a satisfactory explanation as to why there was no pressure cap. He also says it appears an incorrect volume of cement was used in the well’s casing shoe.

Andrew Berger, who is also a counsel assisting the inquiry, says the Northern Territory is responsible for the well’s oversight.

He questions whether the NT’s Department of Resources failed to follow good regulatory practice and he says in one instance, the use of a pressure cap instead of a cement plug was approved in precisely 30 minutes.

The inquiry will examine the causes of the oil spill and how it was managed.

Major parties slammed in Fitzgerald’s last speech

The former anti-corruption Royal Commissioner and judge, Tony Fitzgerald, has slammed Australia’s two major political parties for creating what he says to be an amoral, anarchic political culture, controlled by money and lacking in ethics, oversight and accountability.

He says too many politicians are motivated by power rather than public interest and there is too much government by executive.

Mr Fitzgerald says our democracy is not broken but bent, and laments the dominance of Australian politics by career politicians and self-interested groups with a disregard for the public interest in favour of political advantage.

He says voters are little more than observers to a substantially rule-free political contest.

“The community is ill-served by this escalating transfer of power from the public to the dominant political parties and the party’s disinterest in ethical constraints and resistance to oversight and accountability even by independent anti-corruption bodies,” he said.

“Without satisfactory legal and ethical fetters, then political process like all human constructs can be and is manipulated and exploited to advance personal and group interests.

“A political class has evolved which is interested in little but the acquisition and exercise of power.”

Major parties abusing power

He delivered his assessment while launching an initiative of the Accountability Round Table, designed to reward politicians for honour and integrity.

Mr Fitzgerald says it will be his last commentary on the state of government in Australia.

After blowing the lid off Queensland’s corruption in the late 80s, Tony Fitzgerald went to ground.

He broke his silence last year, to accuse the Queensland Government of slipping back into the bad old days.

Today he opened fire on Australian politics more generally. He says the major parties are abusing a position which is entrenched partly by wealth.

“It is now extremely difficult, if not impossible, for another competitive political force to emerge because of the financial advantages held by the two major parties and the critical role that money plays in political activity,” he said.

“My comments are not directed to individual politicians, a specific political party or a particular state and my opinions are simply those of an extremely fallible, aging private citizen, with children and grandchildren who’s interested in Australia’s future.”

Democracy undermined

Mr Fitzgerald says democracy is being undermined because of a disregard for Westminster conventions, an obsession with media management and the ability of well-connected individuals and groups to wield influence.

“Decisions favouring special interests are common. Secrecy and misinformation, euphemistically called ‘spin’ are routinely employed,” he said.

“Media management as it’s called, insults and confuses the electorate, which is denied the comprehensive accurate information which is essential to the proper functioning of democracy.

“Most, if not all conventions concerning standards of political conduct, which the Westminster system once incorporated, such as ministerial responsibility are obsolescent.”

Mr Fitzgerald says too often he has seen social division, populism and prejudice used as political tools and support for fundamental institutions abandoned for political advantage.

“The prevailing political culture is increasingly amoral with each party lowering its standards, exploiting gaps in the law and disregarding ethical standards in order to compete.”

Mr Fitzgerald’s groundbreaking report on police and political corruption in Queensland ensures any comments he makes about political power will be heard, but he insists this will be his last blast.

“My understanding is that, shortly before they die, swans sing and although I’m, not as far as I know, in imminent danger of death, this is indeed the last time I propose to speak publicly,” he said.

“I am a very private person. I’ve said all I want to say. I want to encourage the accountability round table in organisations like that but I really have nothing more to contribute.

“I suppose my concerns are really more with Commonwealth and State governments than with local authorities, although obviously the integrity of local authorities is of paramount concern to local residents.”

The Accountability Round Table is now taking nominations for the inaugural awards to honour parliamentary integrity.

It is not clear whether Mr Fitzgerald will be eligible to nominate.

Obama approves new US team to interrogate key terrorism suspects

Washington, Aug.24 (ANI): U.S. President Barack Obama has approved the creation of an elite team of interrogators to question key terrorism suspects, The Washington Post reported Monday.

Citing unnamed senior administration officials, the newspaper said the decision was part of a broader effort to revamp US policy on detention and interrogation.

Obama signed off on the unit, named the High-Value Detainee Interrogation Group (HIG) late last week, the paper said.

It will be made up of experts from several intelligence and law enforcement agencies and housed at the FBI, the paper noted.

The group will be overseen by the National Security Council, which means shifting the centre of gravity away from the CIA and giving the White House direct oversight, The Post said.

Obama moved to overhaul interrogation and detention guidelines soon after taking office, including the creation of a task force on interrogation and transfer policies, the report said.

The task force, whose findings will be made public Monday, recommended the new interrogation unit, along with other changes regarding the way prisoners are transferred overseas, The Post pointed out. (ANI)

Govt. orders enquiry into Terminal 1-D damage in Delhi

New Delhi, Aug 22 (ANI): Taking serious note of the incident, in which a section of the newly constructed Terminal 1-D at the Indira Gandhi International airport was damaged due to heavy rains and wind, the Civil Aviation Ministry on Saturday ordered an enquiry into the incident.

The enquiry will be conducted by the Director General of Civil Aviation (DGCA).

On Friday (Aug 21), heavy rains and wind damaged a section of the newly constructed terminal building in the national capital, resulting in disruption of flight operations and facilities at the terminal-1D.

The Ministry has asked the DGCA to fix accountability and suggest appropriate action under its licensing and regulatory powers.

The enquiry would ascertain the cause and contributory factors resulting into the incident and would make recommendations for prevention of occurrence of such incident in future

It would also suggest various measures to strengthen oversight mechanism on development, operation and maintenance of new aerodromes, including expansion of the existing ones.

The DGCA is authorised to take necessary assistance from technical experts wherever required. It will complete the enquiry in two months and submit the report to the Ministry of Civil Aviation. (ANI)

US mom tries to sell baby naming rights for fifth time on eBay!

Washington, Aug 19 (ANI): An unemployed Arkansas woman, who was thwarted every time she tried to sell the naming rights to her seventh child on eBay, is hoping that her fifth attempt will bring her success.

Lavonne Drummond, 36, revealed that her fourth bidding hit 26,100 dollars before eBay removed it on August 17, which was considerably more than the 15,000 dollars she lost when eBay shut down her first auction because the company ruled the mother of six was soliciting donations.

On the second auction, she got no bids because eBay had taken it down quickly due to a myriad of reasons.

Her third auction posted on August 10 got just 510.99 dollars, and it too was shut down because an actual “item” was not offered for sale.

But Drummond, of Smackover, Ark., did not give up, and posted a fourth auction, which was again shut down.

“eBay representatives said they pulled it down in error. They just apologized and told me they can’t help me in any way. They just told me to re-list the auction,” Fox News quoted her as saying.

“I’m just so stressed, I don’t sleep, I don’t eat. “It’s emotionally taking its toll. It’s just terrible,” she said.

Representatives for eBay said that the company collaborated with Drummond last week to develop a listing that met its policies.

“The revised listing was removed due to an internal communications oversight,” the company said in a statement.

But Drummond, who is due to give birth on September 16, says that it won’t bring back the 41,610.99 dollars she “lost” in her first four auction attempts combined.

“I personally don’t think it was a mistake,” she said.

“I think it was done on purpose. Maybe it was too much controversy,” she stated.

Greg Kusch, who runs ebayexpert.com and teaches seminars on how to sell items on the online marketplace, said that’s exactly what eBay was protecting itself from.

“They just protect themselves in any way possible when it comes to winning something of chance or a non-tangible type item,” Kusch said.

“I’m sure they could pick four or five different policies that would stop that auction and bring it down,” he added.

A large part of the problem, Kusch said, is that once the auction is over, the winning bid must be paid to Drummond, despite the fact that her son will not have been born yet.

“There’s so many possibilities that something could go wrong,” he said.

“When you win an auction, you have to pay. So that money would immediately go to her even if the baby is not born. What happens is the baby is not born?” he stated.

Kusch said such non-tangible items are frequently barred from eBay.

Drummond, meanwhile, is apprehensive about her fifth and final auction try, but she desperately needs money to buy her family a new car and to pay past-due bills.

Bids start at 150 dollars, but there have been no bidders as of August 18.

“I am going to try one more time, but it’s so overwhelming,” Drummond said.

“To start all over again …” she added. (ANI)

Obama assassination ad lands paper in trouble

Washington, May 30 (ANI): The attention of law enforcement officials was drawn to Times Observer newspaper advertisement that erroneously suggested that President Barack Obama could be assassinated just as four of his predecessors had been.

The ad representative didn’t make the connection among the four other presidents mentioned and mistakenly allowed the ad to run.

Upon realizing the mistake early Thursday morning, the ad was immediately discontinued and the identity of the person who placed the ad was turned over to Warren City Police as per newspaper policy, Politico reports.

The local police department forwarded the information to federal authorities, as per department policy.

The Times Observer apologized for the oversight. (ANI)

Disk drive with Clinton White House data disappears

Washington, May 20 (ANI): A disk drive containing one terabyte of data from President Bill Clinton’s administration is being investigated as a possible theft.

The hard drive went missing from a National Archives facility in Maryland between October 2008 and March of this year, a ranking member of the House Government Oversight and Government Reform committee, said in a statement.

“Data on the drive includes more than 100,000 social security numbers (including Al Gore’s daughter), contact information (including addresses) for various Clinton administration officials, Secret Service and White House operating procedures, event logs, social gathering logs, political records and other highly-sensitive information,” Politico quoted Issa, as saying.

Issa said he learned of the drive’s disappearance in a briefing Tuesday from the National Archives’ Inspector General.

“The hard drive was moved from a ‘secure’ storage area to a workspace while it was in use as part of a process to convert [data from] the Clinton Administration,” Issa said.

The Secret Service and the Department of Justice are assisting in the investigation, the statement said. (ANI)

Fathers increase supervision in response to teens’ risky sexual behaviour

Washington, May 15 (ANI): A study conducted in the U.S. has revealed that fathers generally respond by increasing their efforts to supervise and monitor their teen children when they engage in risky sexual activity.

Conducted by researchers at the University of Pittsburgh and Harvard University, the study followed more than 3,200 teenagers ages 13 to 18 over a period of four years.

The researchers revealed that the teens involved in the study were a subset of participants in the National Longitudinal Survey of Youth, a representative sample of American adolescents.

They said that the subjects reported on their parents’ knowledge of their activities, friends, and so forth every year.

The subjects also told the researchers about their engagements in risky sexual activities-such as frequency of intercourse, number of partners, and incidences of unprotected intercourse.

The research team observed that the responses of fathers to their children’s sexual behaviour tended to be different from those of mothers.

They say that their findings contrast previous findings that parents often become less involved when teens engage in risky sexual behaviour.

Referring to their findings, the researchers said that fathers instead boosted their involvement-learning more about their children’s friends and activities-when their teenaged children engaged in risky sexual activity.

The researchers also found that involvement in family activities acts as a protective force. They observed that teens who took part in routine family activities-like eating meals together or joining in fun projects-were less likely to engage in risky sexual activity, and teens who didn’t engage in risky sexual behaviour were more likely to participate in family activities.

“This research highlights the complex interplay of relationships between parents and their adolescent children,” said Rebekah Levine Coley, associate professor of applied developmental and educational psychology at Boston College and the study’s lead author.

“Given the notably negative potential repercussions of risky sexual activity during adolescence, this study can inform efforts to increase parents’ oversight of and active engagement with their teenage children,” Coley added.

The study has been reported in the journal Child Development. (ANI)

US Senators oppose extending emergency aid to Pakistan

Washington, May 13 (ANI): Questioning the credibility of Pakistani leaders, two senators have strongly opposed the Obama Administration’s plans to hand out 497 million dollars in emergency aid to Pakistan.

Tennessee Republican Senator Bob Corker said, “It will be a monumental mistake” if the administration sent aid to Pakistan without proper congressional oversight.

Senator Corker opposed sending the aid to a country where some of the leaders have been called “Mr. ten per cent” because of corrupt track record.I would like to know how the money would be circulated in Pakistan, and will not end in bank accounts in Switzerland,” The Dawn quoted him, as saying.

Senator Bob Mendez, a Democrat from New Jersey, said he had voted for bills supporting Pakistan on several occasions in the past, but he was not going to vote for this move.

He asked US special envoy Richard Holbrooke to come to his chamber and convince him why he should vote for giving aid to Pakistan without proper oversight.

“Unless, I really hear what the strategy is, and I have not heard that so far, you may not have my support on this,” he said.

The lawmakers were speaking at a special hearing of the US Senate Committee on Foreign Relations on the current situation in Pakistan.

Holbrooke said he was willing to come along General David Petraeus, who is in charge for US military operations in the Pak-Afghan region, to the offices of these senators to persuade them to support the bill.

Earlier, White House spokesman Robert Gibbs had said, “The president has said on numerous occasions there shouldn’t be and there won’t be blank checks.” (ANI)

NASA’s online game lets you peer through the James Webb Space Telescope

Washington, April 29 (ANI): NASA has developed a flash on-line game about telescopes, featuring its next-generation spacecraft, the James Webb Space Telescope.

The game, called “Scope it Out!” includes an introduction to telescopes and four matching games where you can compare simple telescopes to both Webb and the Hubble Space Telescope.

It was created at NASA Goddard by Maggie Masetti, with Dr. Anita Krishnamurthi providing oversight on the project.

Programmer Kent deVillafranca and artist Susan Lin, both of Science Systems and Applications, Greenbelt, Maryland, did the programming and graphics for this project.

“This is a great way to teach children and adults on how simple and complex space telescopes work,” said Krishnamurthi, the Education and Public Outreach Lead for Webb at NASA’s Goddard Space Flight Center.

The level of the game is for middle school students and above.

There are five levels of gaming in the “Scope it Out!” game from Level Zero to Level Four.

Most levels present an image of a young woman looking through a telescope, side-by-side with a space telescope.

Level Zero gives a basic lesson in telescope optics through animated graphics.

Level One is where the matching game starts, by asking the player to find the seven components in the simple telescope that match with those in the Webb telescope.

The game culminates in Level Four where players have to find the components of the Hubble Telescope that match up with the James Webb Space Telescope.

This game requires FLASH 8 or higher, and there are two versions.

One version is for large monitors (1024×768) the other is for smaller (800×600) monitors. Once a monitor size is chosen, the game will pop up in a separate window.

For convenience, there’s also a small toggle button in the lower left corner of the game to allow a player to change the quality of the graphics.

The James Webb Space Telescope is a large, infrared space telescope, scheduled for launch in 2013.

JWST will find the first galaxies that formed in the early Universe, connecting the Big Bang to our own Milky Way Galaxy.

It will peer through dusty clouds to see stars forming planetary systems, connecting the Milky Way to our own Solar System. (ANI)

UN agency warns of nuclear “vulnerabilities”

Beijing – The UN’s international nuclear watchdog warned Monday of ageing nuclear facilities and a lack of oversight of nuclear installations.

Mohamed ElBaradei, the director general of the International Atomic Energy Agency (IAEA), said at the opening of a two-day conference on nuclear energy in Beijing that security at nuclear reactors was much better today than 10 years ago “but we still have vulnerabilities in safety as well as in security, even in countries with significant nuclear programmes.”

“In some countries, we see a troubling combination of old reactors, operators which are poorly managed or underfunded, and weak regulators,” ElBaradei warned.

The interest in using nuclear energy is growing worldwide with more than 60 countries, primarily developing nations, informing the IAEA that they are interested in developing their own nuclear programmes, he said.

The reasons for the higher interest in atomic energy is shrinking oil reserves, large price fluctuations for gas and oil, concerns about global warming and rising energy demand, he said at the meeting which energy ministers and other representatives from 65 countries are attending.

Hungary’s new economy minister steps down

Budapest – The designated economy minister of Hungary’s interim government stepped down on Thursday, a day after local media reported a large fine for anti-competitive practices against his former software company.

Media on Wednesday replayed a decision by Hungarian competition authorities three years ago to fine Vahl’s company 690 million forint (over 3 million dollars at the time) for collusion with IBM Hungary in a public tender.

IT manager Tamas Vahl, who led the software company SAP Hungary, resigned saying: “Only by my resignation can I remove this burden from the shoulders of the government of experts being formed.”

Vahl, an economics expert, was to have been a member of the cabinet of Prime Minister Gordon Bajnai, who was elected by parliament on Tuesday.

A government spokesman said Bajnai would name a replacement for Vahl within a week.

Former economy minister Bajnai was voted prime minister in a parliamentary vote Tuesday which at the same time expressed no confidence in Ferenc Gyurcsany, voting the socialist premier out of office.

Parliament last week had initiated a constructive vote of no confidence against Gyurcsany with the motion for Tuesday’s vote, signed by 92 MPs calling for his replacement by Bajnai.

Immediately after Tuesday’s vote, Bajnai – who has no party affiliation – said he would reshuffle the cabinet and bring in experts who were also free of party affiliations to take over the key finance, economy, social welfare and energy ministries.

The Vahl resignation marks the second of Bajnai’s cabinet choices not to meet general approval. On Wednesday, the country’s security committee rejected the designated minister for oversight of the secret services, Adam Ficsor.

The 29-year-old Ficsor was turned down for symbolic reasons, as he was head of the Gyurcsany cabinet and is considered a close confidant of the previous premier.(dpa)

Rofo.com Launches QuickMove

Whether you’re a do-it-yourselfer or you need a concierge, Rofo.com’s dynamic
new service helps small businesses manage their next move.

SAN FRANCISCO, April 15 /PRNewswire/ — Rofo(TM) (www.rofo.com), the first
free office space search engine that quickly matches tenants with the best
available office spaces, today introduced QuickMove, a free, turnkey service
designed to help businesses “complete the last mile” of the leasing process by
providing businesses with the tools and advice needed to complete a move and
set up shop.

Once a business locates the right space, the tedious task begins of outfitting
and organizing their move. QuickMove provides a smart, cohesive experience
that offers an array of relevant services and expert advice from professional
move consultants.

“Companies are not in the business of orchestrating a move and it can turn
into a frustrating, time consuming and costly experience,” said Rofo CEO Alan
Bernier. “The idea behind QuickMove (www.rofo.com/quickmove) builds on the
same premise that has made real estate search on Rofo an innovation in the
marketplace: it provides access to professional advice normally reserved for
larger businesses and connects businesses with products and services that fit
their budget.

Here’s how it works:
For those who prefer the “do-it-yourself” method, Rofo’s QuickMove is a tool
kit complete with move guide, sample timelines, and relevant local service
providers that offer exclusive deals to Rofo users. These include everything
from space planners and architects to movers, furniture dealers, telecom
companies, even coffee suppliers. On QuickMove, businesses can search,
solicit proposals and compare offers that best suit their needs.

If time and human capital are short, a QuickMove concierge will develop a
customized plan and manage the entire move process. The concierge knows the
local landscape and will qualify and help select the service providers. They
also provide project oversight to ensure a smooth move.

About Rofo
Founded in 2007 and based in San Francisco, Rofo (www.rofo.com) is a free,
easy-to-use online service that greatly simplifies an entrepreneur’s search
for commercial real estate and related services and professionals. Rofo
efficiently connects commercial real estate brokers and landlords with
businesses looking for hard-to-find, smaller (under 5,000 square feet) office
space. The privately-held company offers more than 10,000 listings on its
site with information provided by valued data partners such as First American
Title Company, Yelp, many top Bay Area brokerage firms, and institutional
landlords like Hines.