OptiRisk Systems is delighted to be exhibiting and sponsoring the 12th International Conference on Stochastic Programming from 16th to 20th August 2010 at Halifax. Professor Gautam Mitra, Dr. Christian Valente, Dr. Csaba Fabian, Mr. Victor Zverovich and Mr. Dominik Hollmann, will be presenting and attending the conference. Please come to our booth to discuss your modelling and training requirements.
http://icsp12.dal.ca/

One of the UK's longest established training and conference companies was subject to a successful Management Buyout on 1 July 2010 and has ambitious plans for growth.

UNICOM Seminars Ltd [ www.unicom.co.uk ], based in Uxbridge, West London specialises in conferences and training in Management Strategy, Business Intelligence and IT.

UNICOM was established in 1984 and now runs over 200 courses and events per year. In 2006, UNICOM was strategically acquired by QAI [ www.qaiglobal.com ] the global "Operational Excellence" consulting and workforce development organisation in order for them to expand in Europe and grow beyond the US and Asia - QAI is now focusing on on its core consulting business in Europe.

Two of UNICOM's long-serving senior management team, Alec McCutcheon and Julie Valentine, led the buyout in a cash purchase backed by investment from OptiRisk Systems [ www.optirisk-systems.com ] a specialist in Financial Risk Management training and software - OptiRisk Systems' CEO, Prof. Gautam Mitra, who is the original founder of UNICOM is re-joining the board of UNICOM as Chairman.

Bucking the current economic trend, UNICOM continues with its existing range of training courses and events, but is also expanding its portfolio to include finance training and vertical industry sector focused conferences including the launch of four new conferences by the end of 2010. Unusually there will be no redundancies as part of change of ownership and the company is recruiting additional team members to facilitate its expansion.

UNICOM also opens an office in Bangalore, India in August 2010 and will be running a broad range of training and events throughout India in topic areas covered in the UK. OptiRisk already has an established operation in India with a young and dynamic management team and have been successfully running a programme of finance training and events [www.optiriskindia.com ].

"The whole team here is very excited about this new chapter in UNICOM's history. During the past few years QAI has invested heavily in the company enabling it to launch many new and innovative conferences and courses whilst retaining the brand and independence on which its reputation was founded. This will continue with our expansion into finance training and events in partnership with OptiRisk - including the launch of four new conferences by the end of 2010", says Alec McCutcheon, Director of UNICOM

"Its going to be fantastic aligning and building on the activities of UNICOM and OptiRisk and I am delighted to be re-joining the board of UNICOM the company I founded more than twenty five years ago. Both companies have great products and a strong heritage and it will be exciting building on their strengths to create a truly global company", says Gautam Mitra, CEO of OptiRisk Systems and Chairman of UNICOM.

For further information, please contact:

The Press Office UNICOM Seminars Ltd OptiRisk R&D House, One Oxford Road Uxbridge, UB9 4DA UK

info@unicom.co.uk Telephone: +44 (0) 1895 256 484 Fax: +44 (0) 1895 813 095 www.unicom.co.uk

The FortSP manual has been revised and considerably extended. The updated version reflects the latest developments in our stochastic programming solver and in particular the addition of the level method and support for integrated chance constraints. The manual is available here: http://www.optirisk-systems.com/manuals/FortspManual.pdf