LONDON, April 29 /PRNewswire/ --

- Acquisition expands Company's presence in China to More Than 1 Million Residents and to 3.6 Million Residents Worldwide

Cascal N.V. (NYSE: HOO), a leading provider of water and wastewater services in seven countries, today announced that its China Water subsidiary had acquired a 49 percent stake in an equity joint venture in Yancheng City, China. The new joint venture company, Yancheng China Water Company, which partners Cascal with the Municipality of Yancheng, will formally commence operations on May 1, 2008, for a period of 30 years.

LONDON, April 29 /PRNewswire/ --

-- 10.75% Dollar-Denominated Senior Secured Notes due in 2014 ("Dollar Notes") -- CUSIP C37943S AB 6, ISIN US37943SAB60 and CUSIP G3922VAA1, ISIN USG3922VAA10 -- 11.75% Pounds Sterling-Denominated Senior Secured Notes due in 2014 ("Sterling Notes") -- Common code: 022661345, ISIN: XS0226613452

Global Crossing (UK) Finance plc ("GCUK Finance"), a wholly owned subsidiary of Global Crossing (Nasdaq: GLBC), announced today that it has begun an excess cash offer with respect to its senior secured notes.

GENEVA, Switzerland, April 29 /PRNewswire/ -- Developing countries need more than just access to medicines, and should not be fooled into thinking there is a quick fix for their health needs, the AIDS Institute, Alliance for Health, Education, and Development (AHEAD), patient groups and other experts from around the world said Tuesday.

This warning came as the second session of the Intergovernmental Working Group (IGWG) on Public Health, Innovation, and Intellectual Property met in Geneva ahead of an important policy-setting meeting of the World Health Assembly next month.

LONDON, April 29 /PRNewswire/ --

Global Crossing (Nasdaq: GLBC), a leading global IP solutions provider, today announced fourth quarter and full year 2007 financial results for its subsidiary, Global Crossing (UK) Telecommunications Limited (GCUK).

Highlights

GCUK generated 76 million pounds in revenue for the fourth quarter, with adjusted gross margin at 70 percent of revenue and adjusted IFRS EBITDA of 22 million pounds. (Adjusted gross margin and adjusted IFRS EBITDA are non-GAAP metrics that are defined and reconciled below.) Cash provided by operations for the fourth quarter was 16 million pounds before payment of interest.

LEGAU, Germany, April 29 /PRNewswire/ -- The fact that we all live in one world inspired the German organic pioneer and founder of RAPUNZEL NATURKOST Joseph Wilhelm to establish a new international prize - the "One World Award".

QUEBEC CITY, Canada, April 29 /PRNewswire/ -- At a late breaking presentation made on April 29th during the Annual meeting of the European Atherosclerosis Society held in Istanbul, the investigators of ADAGIO-LIPIDS presented the key findings of a one year trial aiming at further studying the effects of rimonabant on several features of HDL and on a comprehensive set of cardiometabolic markers. Furthermore, an imaging substudy using computed tomography was conducted to test, for the first time, the hypothesis that rimonabant could induce a loss of visceral fat and liver fat.

LONDON, April 29 /PRNewswire/ -- Shell and BP have posted a combined profit of $7.2 billion. Shell (US$3.9 billion) and BP (US$3.3 billion) for the first quarter of 2008.

Graham Tran, Unite Regional Officer, said "These profits are a slap in the face for 180 staff at Shell who were told less than seven days ago that they face redundancy.

Furthermore, both Shell and BP have announced pension holidays for 2008 at a time when our members in Grangemouth are fighting to protect their pension fund.

Despite these huge profits there is still an unacceptable backlog of maintenance work on Shell installations in the North Sea. The continued failure to address this issue shows that Shell are not making the necessary investments in safety."

PARIS, April 29 /PRNewswire/ --

- Alcatel-Lucent to Serve as Network Integrator and Supply Key Elements of its IMS Portfolio to Enable Belgacom to Offer Fixed and Mobile Multimedia Services

Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced it has been selected by Belgacom (Euronext Brussels: BELG), the Belgian leading telecom operator, as its technology and network integration partner to design, integrate, and deploy an end-to-end multi-vendor IP Multimedia Subsystem (IMS) solution. The platform will enable Belgacom to effectively support and to further develop a wide variety of fixed and mobile services including voice over IP (VoIP) and multimedia communications for both residential and business customers.

CALGARY, Canada, April 29 /PRNewswire/ -- Addax Petroleum Corporation (TSX: AXC and LSE: AXC) ("Addax Petroleum" or the "Corporation") will announce its financial results for the quarter ended March 31, 2008 on Tuesday, May 6, 2008, and will discuss its financial results in a conference call on Tuesday, May 6, 2008 at 11:00 a.m. Eastern Time / 4:00 p.m. London, U.K. time. Mr. Jean Claude Gandur, President and Chief Executive Officer, Mr. James Pearce, Chief Operating Officer, and Mr. Michael Ebsary, Chief Financial Officer, will discuss the Corporation's most recent financial and operating results.

DUBLIN and NEW YORK, April 29 /PRNewswire/ --

- Announces First Close of EUR75 (US$117) Million

- Largest Life Science Venture Capital ("VC") Fund Launched in Ireland

- One of the Largest Emerging Manager VC Funds Raised in the Life Science Sector Globally

- Headquartered in Dublin, Fountain Will Invest the Majority of its Capital in Europe With a Primary Focus on Ireland

Fountain Healthcare Partners ("Fountain") today launches and announces the first close of its inaugural fund, Fountain Healthcare Partners I, with EUR75 (US$117) million of committed capital.