Archive for the ‘Education’ Category

Novartis Pharma Logistics, Inc. voluntarily recalling in Curacao select lots of certain over-the-counter products due to bottle closure defect

– Voluntary recall of certain lots of Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids, issued to consumers, retail customers and wholesalers in Curacao

– Consumers who may have the product(s) being recalled are asked to return the affected products and receive a full refund

– The products being recalled were produced at a Novartis Consumer Health manufacturing facility in the United States prior to the voluntary suspension of operations in December 2011, and at a third-party manufacturing site in Canada using the same bottle and cap components

PANAMA CITY, Feb. 5, 2013 /PRNewswire/ — Novartis Pharma Logistics, Inc. announced today that it is voluntarily recalling certain lots of Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids. Novartis Pharma Logistics has decided to issue a voluntary recall to consumers, retail customers and wholesalers in Curacao because the child-resistant feature of the bottle cap may not function properly, enabling the cap to be removed with the tamper-evident seal still in place. The affected bottle sizes are included at the end of this release.

Novartis Pharma Logistics has not received any adverse events due to the tamper evident seal causing a failure of the child resistant cap. Novartis Consumer Health, Inc. in the United States received four adverse events for Triaminic® Syrups related to this issue.

Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids continue to be safe and effective when used as directed on the package label.

The products being recalled were produced at a Novartis Consumer Health manufacturing facility in US prior to the voluntary suspension of operations in December 2011. In addition to production at the US manufacturing site, Buckley’s Complete® was also produced until January 2013 at a third-party manufacturing site in Canada.  A consumer complaint in the US in late November 2012 triggered an internal investigation by Novartis Consumer Health that determined a voluntary recall was in the best interest of consumers.

Action to be taken by consumers
Novartis Pharma Logistics advises consumers who believe they have product included in this recall to discontinue use and return the recalled product to the store or pharmacy where it was purchased for a full refund.  Only recalled product in the original bottle will be eligible for a refund. Consumers may contact the Novartis Consumer Relationship Center at 877-769-8420 (available Monday-Saturday 8 a.m. to 6 p.m. Eastern Time) for more detailed information about the recall, including which products are impacted, and for information on how to return the affected products and receive a full refund.

Action to be taken by retailers and wholesalers
Retailers and wholesalers should stop distribution and return the affected lots using the Novartis Product Return information that is being provided to them. Retailers that receive product returns from consumers will be reimbursed by Novartis Pharma Logistics.

This recall is being conducted with the full knowledge of the Curacao Public Health Department.

Disclaimer
The foregoing release contains forward-looking statements including express or implied discussions regarding potential future revenues from Novartis OTC products. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Novartis OTC products will achieve any particular levels of revenue in the future. In particular, management’s expectations regarding such products could be affected by, among other things, unexpected regulatory actions or delays or government regulation generally; competition in general; government, industry and general public pricing pressures; unexpected manufacturing issues; the impact that the foregoing factors could have on the values attributed to the Novartis Group’s assets and liabilities as recorded in the Group’s consolidated balance sheet, and other risks and factors referred to in Novartis AG’s current Form 20-F on file with the US Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

About Novartis
Novartis provides innovative healthcare solutions that address the evolving needs of patients and societies. Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, eye care, cost-saving generic pharmaceuticals, preventive vaccines and diagnostic tools, over-the-counter and animal health products. Novartis is the only global company with leading positions in these areas. In 2012, the Group achieved net sales of USD 56.7 billion, while R&D throughout the Group amounted to approximately USD 9.3 billion (USD 9.1 billion excluding impairment and amortization charges). Novartis Group companies employ approximately 128,000 full-time-equivalent associates and operate in more than 140 countries around the world. For more information, please visit http://www.novartis.com.

Novartis is on Twitter. Sign up to follow @Novartis at http://twitter.com/novartis.

Novartis Media Relations

Julie Masow                            Milicent Brooks
Novartis Corporation                   Novartis Consumer Health, Inc.
+1 212 830 2465 (direct)                                                   +1 973 503 7483(direct)
+1 862 579 8456 (mobile)                                                  +1 973 479 2078 (mobile)
[email protected]               [email protected]
Pamela McKinlay                        Francisco Ericastilla
Novartis Consumer Health, Inc.         Novartis Farmaceutica, S.A. (AC)
+1 973 503 7337(direct)                                                    +502 242 28438 (direct)
+1 862 221 0151(mobile)                                                    +502 571 09426 (mobile)
[email protected]           [email protected]
e-mail: [email protected]

For Novartis multimedia content, please visit www.thenewsmarket.com/Novartis.
For questions about the site or required registration, please contact: [email protected].

Theraflu Warming Relief® Syrups

                  PRODUCT                              Item UPC NUMBER                    NDC NUMBER                       Case UCC NUMBER                       Size                       LOT                        EXPIRY DATE
                  -------                              ---------------                    ----------                       ---------------                       ----                       ---                        -----------
 Theraflu (R) Warming Relief Flu and Sore
              Throat, 8.3 oz.                                       300436265081                    43626508                             10300436265088         8.3 oz                              10108935                     03/31/2013
 ----------------------------------------                           ------------                    --------                             --------------         ------                              --------                     ----------
10096570                                                              05/31/2013
--------                                                              ----------
10121298                                                              05/31/2013
--------                                                              ----------
10123035                                                              05/31/2013
--------                                                              ----------
10106483                                                              06/30/2013
--------                                                              ----------
10126716                                                              07/31/2013
--------                                                              ----------
Theraflu(R) Daytime Warming Relief Severe
          Cold and Cough, 8.3 oz.                                   300430461083                    43046108                             10300430461080         8.3 oz                              10096571                     04/30/2013
-----------------------------------------                           ------------                    --------                             --------------         ------                              --------                     ----------
10117845                                                              04/30/2013
--------                                                              ----------
10102070                                                              06/30/2013
--------                                                              ----------
10118134                                                              06/30/2013
--------                                                              ----------
10118135                                                              08/31/2013
--------                                                              ----------
10126586                                                              08/31/2013
--------                                                              ----------
10126729                                                              10/31/2013
--------                                                              ----------
Theraflu(R) Daytime/Nighttime Severe Cold
             & Cough Value Pack                                     300436412164                    67641216                             10300436412161                                             10120065                     03/01/2013
-----------------------------------------                           ------------                    --------                             --------------                                             --------                     ----------
10116591A                                                             03/13/2013
---------                                                             ----------
10116591                                                              03/31/2013
--------                                                              ----------
10116593                                                              03/31/2013
--------                                                              ----------
10106487                                                              05/31/2013
--------                                                              ----------
10108285                                                              05/31/2013
--------                                                              ----------
10116594                                                              06/30/2013
--------                                                              ----------
10116597                                                              06/30/2013
--------                                                              ----------
10116598                                                              06/30/2013
--------                                                              ----------
10116600                                                              06/30/2013
--------                                                              ----------
10116601                                                              08/31/2013
--------                                                              ----------
10116602                                                              08/31/2013
--------                                                              ----------
   Theraflu(R) Nighttime Warming Relief
       Severe Cold and Cough, 8.3 oz.                               300430460086                    43046008                             10300430460083         8.3 oz                              10104954                     04/30/2013
   ------------------------------------                             ------------                    --------                             --------------         ------                              --------                     ----------
10104955                                                              05/31/2013
--------                                                              ----------
10107018                                                              05/31/2013
--------                                                              ----------
10118113                                                              05/31/2013
--------                                                              ----------
10123039                                                              05/31/2013
--------                                                              ----------
10104956                                                              07/31/2013
--------                                                              ----------
10126861                                                              08/31/2013
--------                                                              ----------
Theraflu(R) Warming Relief Cold and Chest
            Congestion, 8.3 oz.                                     300436296085                    43629608                             10300436296082         8.3 oz                              10106482                     01/31/2013
-----------------------------------------                           ------------                    --------                             --------------         ------                              --------                     ----------
10102071                                                              07/31/2013
--------                                                              ----------
10113497                                                              07/31/2013
--------                                                              ----------
10122891                                                              08/31/2013
--------                                                              ----------
10123274                                                              08/31/2013
--------                                                              ----------
10126440                                                              09/30/2013
--------                                                              ----------
10128457                                                              11/30/2013
--------                                                              ----------
Theraflu(R) Warming Relief Sinus and Cold,
                  8.3 oz.                                           300436407085                    67640708                             10300436407082         8.3 oz                              10095358                     04/30/2013
------------------------------------------                          ------------                    --------                             --------------         ------                              --------                     ----------
10104966                                                              07/31/2013
--------                                                              ----------

Triaminic® Syrups

                  PRODUCT                              Item UPC NUMBER                    NDC NUMBER                       Case UCC NUMBER                     Size                    LOT                      EXPIRY DATE
                  -------                              ---------------                    ----------                       ---------------                     ----                    ---                      -----------
   Triaminic(R) Cold and Allergy, 4 oz.                             300436346049                    67634604                             10300436346046        4 oz                          10092519                     01/31/2013
   ------------------------------------                             ------------                    --------                             --------------        ----                          --------                     ----------
10096507                                                              02/28/2013
--------                                                              ----------
10092518                                                              04/30/2013
--------                                                              ----------
10102344                                                              05/31/2013
--------                                                              ----------
10102052                                                              06/30/2013
--------                                                              ----------
10098505                                                              07/31/2013
--------                                                              ----------
10106511                                                              11/30/2013
--------                                                              ----------
10099191                                                              12/31/2013
--------                                                              ----------
10122929                                                              02/28/2014
--------                                                              ----------
10125956                                                              05/31/2014
--------                                                              ----------
Triaminic(R) Cough and Sore Throat, 4 oz.                           300436348043                    67634804                             10300436348040        4 oz                          10104678                     02/28/2013
-----------------------------------------                           ------------                    --------                             --------------        ----                          --------                     ----------
10107025                                                              02/28/2013
--------                                                              ----------
10107026                                                              05/31/2013
--------                                                              ----------
10117681                                                              06/30/2013
--------                                                              ----------
10118052                                                              08/31/2013
--------                                                              ----------
10126850                                                              09/30/2013
--------                                                              ----------
  Triaminic(R) Day Time Cold and Cough, 4
                    oz.                                             300436345042                    67634504                             10300436345049        4 oz                          10092520                     01/31/2013
  ---------------------------------------                           ------------                    --------                             --------------        ----                          --------                     ----------
10095545                                                              01/31/2013
--------                                                              ----------
10117453                                                              02/28/2013
--------                                                              ----------
10097308                                                              03/31/2013
--------                                                              ----------
10095904                                                              04/30/2013
--------                                                              ----------
10099699                                                              05/31/2013
--------                                                              ----------
10102053                                                              06/30/2013
--------                                                              ----------
10103616                                                              07/31/2013
--------                                                              ----------
10107024                                                              08/31/2013
--------                                                              ----------
10103617                                                              09/30/2013
--------                                                              ----------
10114266                                                              10/31/2013
--------                                                              ----------
10116660                                                              11/30/2013
--------                                                              ----------
10116869                                                              12/31/2013
--------                                                              ----------
10116870                                                              02/28/2014
--------                                                              ----------
10126445                                                              03/31/2014
--------                                                              ----------
   Triaminic(R) Daytime/Nighttime Cold &
              Cough Club Pack                                       300436417121                         N/A                             10300436417135                                      10095327                     01/31/2013
   -------------------------------------                            ------------                         ---                             --------------                                      --------                     ----------
10095907                                                              01/31/2013
--------                                                              ----------
10097748                                                              01/31/2013
--------                                                              ----------
10095298                                                              04/30/2013
--------                                                              ----------
10117817                                                              12/31/2013
--------                                                              ----------
10117818                                                              03/31/2014
--------                                                              ----------
10117819                                                              03/31/2014
--------                                                              ----------
   Triaminic(R) Daytime/Nighttime Cold &
              Cough Combo Pack                                      300436216083                    67621608                             10300436216080                                      10095906                     01/31/2013
   -------------------------------------                            ------------                    --------                             --------------                                      --------                     ----------
10099216                                                              02/28/2013
--------                                                              ----------
10100792                                                              04/30/2013
--------                                                              ----------
10100793                                                              04/30/2013
--------                                                              ----------
10101494                                                              05/31/2013
--------                                                              ----------
10101495                                                              05/31/2013
--------                                                              ----------
10106846                                                              05/31/2013
--------                                                              ----------
10104675                                                              06/30/2013
--------                                                              ----------
10106086                                                              06/30/2013
--------                                                              ----------
10106088                                                              07/31/2013
--------                                                              ----------
10106284                                                              07/31/2013
--------                                                              ----------
10106848                                                              08/31/2013
--------                                                              ----------
10110968                                                              08/31/2013
--------                                                              ----------
10113146                                                              09/30/2013
--------                                                              ----------
10113147                                                              11/30/2013
--------                                                              ----------
10115037                                                              11/30/2013
--------                                                              ----------
10116592                                                              12/31/2013
--------                                                              ----------

Triaminic® Syrups (Cont.)

                  PRODUCT                              Item UPC NUMBER                    NDC NUMBER                       Case UCC NUMBER                       Size                     LOT                      EXPIRY DATE
                  -------                              ---------------                    ----------                       ---------------                       ----                     ---                      -----------
   Triaminic(R) Daytime/Nighttime Cold &
          Cough Combo Pack (Cont.)                                  300436216083                    67621608                             10300436216080                                         10116595                     12/31/2013
   -------------------------------------                            ------------                    --------                             --------------                                         --------                     ----------
10116596                                                              12/31/2013
--------                                                              ----------
10116599                                                              03/31/2014
--------                                                              ----------
10123383                                                              03/31/2014
--------                                                              ----------
10123388                                                              03/31/2014
--------                                                              ----------
Triaminic(R) Dye‐free Long Acting Cough, 4
                    oz.                                             300436350046                    67635004                             10300436350043          4 oz                           10081942                     04/30/2013
------------------------------------------                          ------------                    --------                             --------------          ----                           --------                     ----------
10082283                                                              04/30/2013
--------                                                              ----------
10081940                                                              06/30/2013
--------                                                              ----------
10097082                                                              07/31/2013
--------                                                              ----------
10082927                                                              09/30/2013
--------                                                              ----------
10095893                                                              10/31/2013
--------                                                              ----------
10095894                                                              10/31/2013
--------                                                              ----------
10102049                                                              11/30/2013
--------                                                              ----------
10102048                                                              12/31/2013
--------                                                              ----------
10106251                                                              12/31/2013
--------                                                              ----------
10102051                                                              01/31/2014
--------                                                              ----------
10107021                                                              02/28/2014
--------                                                              ----------
10107022                                                              05/31/2014
--------                                                              ----------
10118430                                                              07/31/2014
--------                                                              ----------
10121529                                                              08/31/2014
--------                                                              ----------
10129170                                                              11/30/2014
--------                                                              ----------
 Triaminic(R) Fever Reducer Pain Reliever
              Bubblegum, 4 oz.                                      300436432049                    67643204                             10300436432046          4 oz                           10093941                     01/31/2013
 ----------------------------------------                           ------------                    --------                             --------------          ----                           --------                     ----------
10102270                                                              02/28/2013
--------                                                              ----------
10112423                                                              03/31/2013
--------                                                              ----------
10106334                                                              05/31/2013
--------                                                              ----------
10116891                                                              08/31/2013
--------                                                              ----------
 Triaminic(R) Fever Reducer Pain Reliever
                Grape, 4 oz.                                        300436431042                    67643104                             10300436431049          4 oz                           10092719                     01/31/2013
 ----------------------------------------                           ------------                    --------                             --------------          ----                           --------                     ----------
10108530                                                              02/28/2013
--------                                                              ----------
10112422                                                              03/31/2013
--------                                                              ----------
10106335                                                              05/31/2013
--------                                                              ----------
10093939                                                              08/31/2013
--------                                                              ----------
10126470                                                              10/31/2013
--------                                                              ----------
10127629                                                              11/30/2013
--------                                                              ----------
10130550                                                              11/30/2013
--------                                                              ----------
 Triaminic(R) Fever Reducer Pain Reliever
          Infant Bubblegum, 2 oz.                                   300676441597                    67644159                             10300676441594          2 oz                           10115515                     05/31/2013
 ----------------------------------------                           ------------                    --------                             --------------          ----                           --------                     ----------
10115516                                                              05/31/2013
--------                                                              ----------
10115520                                                              05/31/2013
--------                                                              ----------
10115521                                                              05/31/2013
--------                                                              ----------
10119567                                                              09/30/2013
--------                                                              ----------
10128589                                                              11/30/2013
--------                                                              ----------
 Triaminic(R) Fever Reducer Pain Reliever
            Infant Grape, 2 oz.                                     300676440590                    67644059                             10300676440597          2 oz                           10115517                     05/31/2013
 ----------------------------------------                           ------------                    --------                             --------------          ----                           --------                     ----------
10115518                                                              05/31/2013
--------                                                              ----------
10115519                                                              05/31/2013
--------                                                              ----------
10115522                                                              05/31/2013
--------                                                              ----------
10123421                                                              09/30/2013
--------                                                              ----------
10128599                                                              11/30/2013
--------                                                              ----------
10130570                                                              11/30/2013
--------                                                              ----------
Triaminic(R) Multi Symptom Fever, 3.4 oz.                           300676394343                    67639434                             10300676394340         3.4 oz                          10116856                     06/30/2013
-----------------------------------------                           ------------                    --------                             --------------         ------                          --------                     ----------
10116857                                                              06/30/2013
--------                                                              ----------
10126948                                                              09/30/2013
--------                                                              ----------

Triaminic® Syrups (Cont.)

           PRODUCT    Item UPC NUMBER           NDC NUMBER         Case UCC NUMBER                     Size LOT          EXPIRY DATE
           -------    ---------------           ----------         ---------------                     ---- ---          -----------
        Triaminic(R)
            Multi
           Symptom
         Fever, 4 oz.              300436394040           67639404               10300436394047        4 oz     10110769           02/28/2013
        -------------              ------------           --------               --------------        ----     --------           ----------
10095563                             03/31/2013
--------                             ----------
10102058                             03/31/2013
--------                             ----------
10102271                             05/31/2013
--------                             ----------
10116866                             06/30/2013
--------                             ----------
10116867                             06/30/2013
--------                             ----------
10116868                             06/30/2013
--------                             ----------
10121656                             08/31/2013
--------                             ----------
10126740                             10/31/2013
--------                             ----------
10128836                             11/30/2013
--------                             ----------
        Triaminic(R)
          Night Time
           Cold and
          Cough, 3.4
             oz.                   300436344342           67634434               10300436344349 3.4 oz          10097303           03/31/2013
        ------------               ------------           --------               -------------- ------          --------           ----------
10097552                             04/30/2013
--------                             ----------
10097554                             06/30/2013
--------                             ----------
10108819                             08/31/2013
--------                             ----------
10114273                             12/31/2013
--------                             ----------
10126947                             03/31/2014
--------                             ----------
        Triaminic(R)
          Night Time
           Cold and
         Cough, 4 oz.              300436344045           67634404               10300436344042        4 oz     10094309           01/31/2013
        -------------              ------------           --------               --------------        ----     --------           ----------
10095895                             03/31/2013
--------                             ----------
10097312                             04/30/2013
--------                             ----------
10097313                             04/30/2013
--------                             ----------
10104673                             05/31/2013
--------                             ----------
10102054                             06/30/2013
--------                             ----------
10106850                             07/31/2013
--------                             ----------
10108823                             08/31/2013
--------                             ----------
10111184                             08/31/2013
--------                             ----------
10101373                             11/30/2013
--------                             ----------
10114269                             12/31/2013
--------                             ----------
10118449                             12/31/2013
--------                             ----------
10121342A                            12/31/2013
---------                            ----------
10121812                             02/28/2014
--------                             ----------
10106851                             03/31/2014
--------                             ----------
10126742                             05/31/2014
--------                             ----------

Triaminic® Syrups (Cont.)

                                                  PRODUCT Item UPC NUMBER       DIN    SCC                   Size LOT
                                                  ------- ---------------       ---    ---                   ---- ---
Triaminic Chest & Nasal Congestion - Tropical Fruit                  58478 10163 7 2278308  20058478101631 100 mL All
---------------------------------------------------                  ------------- -------  -------------- ------ ---
Triaminic Cold & Cough- Cherry                                       58478 47100 6 2243739  20058478471000 100 mL All
------------------------------                                       ------------- -------  -------------- ------ ---
Triaminic Cold & Nighttime Cough - Grape                              58478 47102 0 896179  20058478471024 100 mL All
----------------------------------------                              ------------- ------  -------------- ------ ---
Triaminic Cough & Sore Throat - Grape                                58478 47108 2 2130564  20058478471086 100 mL All
-------------------------------------                                ------------- -------  -------------- ------ ---
Triaminic Long Acting Cough - Berry Punch                            58478 10168 2 2277972 200058478101686 100 mL All
-----------------------------------------                            ------------- ------- --------------- ------ ---
Triaminic Total Cold, Cough & Fever - Bubble Gum                      58478 47104 4 2239666 20058478471048 100 mL All
------------------------------------------------                      ------------- ------- -------------- ------ ---

Buckley´s® Complete Liquids

                                                    PRODUCT Item UPC NUMBER       DIN     SCC                 Size  LOT
                                                    ------- ---------------       ---     ---                 ----  ---
Buckley's Complete with Mucus Relief Extra Strength                     58478 10792 9 2357232 20058478107923 150 mL All
---------------------------------------------------                     ------------- ------- -------------- ------ ---
Buckley's Complete with Mucus Relief Extra Strength                     58478 10776 9 2357232 20058478107763 250 mL All
---------------------------------------------------                     ------------- ------- -------------- ------ ---
Buckley's Complete PM - Nighttime                                       58478 10777 6 2356457 20058478107770 150 mL All
---------------------------------                                       ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10295 5 2279703 20058478102959 250 mL All
------------------                                                      ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10295 5 2279703 20058478102959 250 mL All
------------------                                                      ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10064 7 2279703 20058478100641 150 mL All
------------------                                                      ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10064 7 2279703 20058478100641 150 mL All
------------------                                                      ------------- ------- -------------- ------ ---

Jack & Jill® Pediatric Syrups

                                                   PRODUCT Item UPC NUMBER       DIN     SCC                 Size  LOT
                                                   ------- ---------------       ---     ---                 ----  ---
Jack & Jill Bedtime - Grape                                            65515 00010 5 2241167 10065515000102 100 mL All
---------------------------                                            ------------- ------- -------------- ------ ---
Jack & Jill Cough & Cold – Cherry                                      65515 00021 1 2242588 10065515000218 100 mL All
---------------------------------                                      ------------- ------- -------------- ------ ---
Jack & Jill Children's Formula Cough Liquid - Cherry                   65515 00019 8  823023 10065515000195 100 mL All
----------------------------------------------------                   -------------  ------ -------------- ------ ---
Jack & Jill Cough Syrup - Raspberry                                    65515 00008 2  622036 10065515000089 100 mL All
-----------------------------------                                    -------------  ------ -------------- ------ ---
Jack & Jill Expectorant - Raspberry                                    58478 10798 1 2350084 20058478107985 100 mL All
-----------------------------------                                    ------------- ------- -------------- ------ ---
Click Here for More Information »

Novartis Pharma Logistics, Inc. voluntarily recalling in Aruba select lots of certain over-the-counter products due to bottle closure defect

- Voluntary recall of certain lots of Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s ® Complete Liquids, issued to consumers, retail customers and wholesalers in Aruba

- Consumers who may have the product(s) being recalled are asked to return the affected products and receive a full refund

- The products being recalled were produced at a Novartis Consumer Health manufacturing facility in the United States prior to the voluntary suspension of operations in December 2011, and at a third-party manufacturing site in Canada using the same bottle and cap components

PANAMA CITY, Feb. 5, 2013 /PRNewswire/ — Novartis Pharma Logistics, Inc. announced today that it is voluntarily recalling certain lots of Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids. Novartis Pharma Logistics has decided to issue a voluntary recall to consumers, retail customers and wholesalers in Aruba because the child-resistant feature of the bottle cap may not function properly, enabling the cap to be removed with the tamper-evident seal still in place. The affected bottle sizes are included at the end of this release.

Novartis Pharma Logistics has not received any adverse events due to the tamper evident seal causing a failure of the child resistant cap. Novartis Consumer Health, Inc. in the United States received four adverse events for Triaminic® Syrups related to this issue.

Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids continue to be safe and effective when used as directed on the package label.

The products being recalled were produced at a Novartis Consumer Health manufacturing facility in the US prior to the voluntary suspension of operations in December 2011. In addition to production in the US, Buckley’s Complete® was also produced until January 2013 at a third-party manufacturing site in Canada. A consumer complaint in the US in late November 2012 triggered an internal investigation by Novartis Consumer Health that determined a voluntary recall was in the best interest of consumers.

Action to be taken by consumers
Novartis Pharma Logistics advises consumers who believe they have product included in this recall to discontinue use and return the recalled product to the store or pharmacy where it was purchased for a full refund.  Only recalled product in the original bottle will be eligible for a refund. Consumers may contact the Novartis Consumer Relationship Center at 877-769-8420 (available Monday-Saturday 8 a.m. to 6 p.m. Eastern Time) for more detailed information about the recall, including which products are impacted, and for information on how to return the affected products and receive a full refund.

Action to be taken by retailers and wholesalers
Retailers and wholesalers should stop distribution and return the affected lots using the Novartis Product Return information that is being provided to them. Retailers that receive product returns from consumers will be reimbursed by Novartis Pharma Logistics.

This recall is being conducted with the full knowledge of the Aruba Public Health Department.

Disclaimer
The foregoing release contains forward-looking statements including express or implied discussions regarding potential future revenues from Novartis OTC products. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Novartis OTC products will achieve any particular levels of revenue in the future. In particular, management’s expectations regarding such products could be affected by, among other things, unexpected regulatory actions or delays or government regulation generally; competition in general; government, industry and general public pricing pressures; unexpected manufacturing issues; the impact that the foregoing factors could have on the values attributed to the Novartis Group’s assets and liabilities as recorded in the Group’s consolidated balance sheet, and other risks and factors referred to in Novartis AG’s current Form 20-F on file with the US Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

About Novartis
Novartis provides innovative healthcare solutions that address the evolving needs of patients and societies. Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, eye care, cost-saving generic pharmaceuticals, preventive vaccines and diagnostic tools, over-the-counter and animal health products. Novartis is the only global company with leading positions in these areas. In 2012, the Group achieved net sales of USD 56.7 billion, while R&D throughout the Group amounted to approximately USD 9.3 billion (USD 9.1 billion excluding impairment and amortization charges). Novartis Group companies employ approximately 128,000 full-time-equivalent associates and operate in more than 140 countries around the world. For more information, please visit http://www.novartis.com.

Novartis is on Twitter. Sign up to follow @Novartis at http://twitter.com/novartis.

Novartis Media Relations

Julie Masow                            Milicent Brooks
Novartis Corporation                   Novartis Consumer Health, Inc.
+1 212 830 2465 (direct)                                                   +1 973 503 7483(direct)
+1 862 579 8456 (mobile)                                                  +1 973 479 2078 (mobile)
[email protected]               [email protected]
Pamela McKinlay                        Francisco Ericastilla
Novartis Consumer Health, Inc.         Novartis Farmaceutica, S.A. (AC)
+1 973 503 7337(direct)                                                    +502 242 28438 (direct)
+1 862 221 0151(mobile)                                                    +502 571 09426 (mobile)
[email protected]           [email protected]
e-mail: [email protected]

For Novartis multimedia content, please visit www.thenewsmarket.com/Novartis.
For questions about the site or required registration, please contact: [email protected].

Theraflu Warming Relief® Syrups

                          PRODUCT                                      Item UPC NUMBER                    NDC NUMBER                       Case UCC NUMBER                       Size                       LOT                        EXPIRY DATE
                          -------                                      ---------------                    ----------                       ---------------                       ----                       ---                        -----------
                   Theraflu (R) Warming                                             300436265081                    43626508                             10300436265088         8.3 oz                              10108935                     03/31/2013
                    Relief Flu and Sore
                      Throat, 8.3 oz.
                      ---------------
10096570                                                                              05/31/2013
--------                                                                              ----------
10121298                                                                              05/31/2013
--------                                                                              ----------
10123035                                                                              05/31/2013
--------                                                                              ----------
10106483                                                                              06/30/2013
--------                                                                              ----------
10126716                                                                              07/31/2013
--------                                                                              ----------
                    Theraflu(R) Daytime                                             300430461083                    43046108                             10300430461080         8.3 oz                              10096571                     04/30/2013
                   Warming Relief Severe
                  Cold and Cough, 8.3 oz.
                  -----------------------
10117845                                                                              04/30/2013
--------                                                                              ----------
10102070                                                                              06/30/2013
--------                                                                              ----------
10118134                                                                              06/30/2013
--------                                                                              ----------
10118135                                                                              08/31/2013
--------                                                                              ----------
10126586                                                                              08/31/2013
--------                                                                              ----------
10126729                                                                              10/31/2013
--------                                                                              ----------
                        Theraflu(R)                                                 300436412164                    67641216                             10300436412161                                             10120065                     03/01/2013
                 Daytime/Nighttime Severe
                  Cold & Cough Value Pack
                  -----------------------
10116591A                                                                             03/13/2013
---------                                                                             ----------
10116591                                                                              03/31/2013
--------                                                                              ----------
10116593                                                                              03/31/2013
--------                                                                              ----------
10106487                                                                              05/31/2013
--------                                                                              ----------
10108285                                                                              05/31/2013
--------                                                                              ----------
10116594                                                                              06/30/2013
--------                                                                              ----------
10116597                                                                              06/30/2013
--------                                                                              ----------
10116598                                                                              06/30/2013
--------                                                                              ----------
10116600                                                                              06/30/2013
--------                                                                              ----------
10116601                                                                              08/31/2013
--------                                                                              ----------
10116602                                                                              08/31/2013
--------                                                                              ----------
                   Theraflu(R) Nighttime                                            300430460086                    43046008                             10300430460083         8.3 oz                              10104954                     04/30/2013
                   Warming Relief Severe
                  Cold and Cough, 8.3 oz.
                  -----------------------
10104955                                                                              05/31/2013
--------                                                                              ----------
10107018                                                                              05/31/2013
--------                                                                              ----------
10118113                                                                              05/31/2013
--------                                                                              ----------
10123039                                                                              05/31/2013
--------                                                                              ----------
10104956                                                                              07/31/2013
--------                                                                              ----------
10126861                                                                              08/31/2013
--------                                                                              ----------
                Theraflu(R) Warming Relief                                          300436296085                    43629608                             10300436296082         8.3 oz                              10106482                     01/31/2013
                      Cold and Chest
                    Congestion, 8.3 oz.
                    -------------------
10102071                                                                              07/31/2013
--------                                                                              ----------
10113497                                                                              07/31/2013
--------                                                                              ----------
10122891                                                                              08/31/2013
--------                                                                              ----------
10123274                                                                              08/31/2013
--------                                                                              ----------
10126440                                                                              09/30/2013
--------                                                                              ----------
10128457                                                                              11/30/2013
--------                                                                              ----------
                Theraflu(R) Warming Relief                                          300436407085                    67640708                             10300436407082         8.3 oz                              10095358                     04/30/2013
                  Sinus and Cold, 8.3 oz.
                  -----------------------
10104966                                                                              07/31/2013
--------                                                                              ----------

Triaminic® Syrups

                         PRODUCT                                     Item UPC NUMBER                    NDC NUMBER                       Case UCC NUMBER                     Size                    LOT                      EXPIRY DATE
                         -------                                     ---------------                    ----------                       ---------------                     ----                    ---                      -----------
                  Triaminic(R) Cold and                                           300436346049                    67634604                             10300436346046        4 oz                          10092519                     01/31/2013
                     Allergy, 4 oz.
                     --------------
10096507                                                                            02/28/2013
--------                                                                            ----------
10092518                                                                            04/30/2013
--------                                                                            ----------
10102344                                                                            05/31/2013
--------                                                                            ----------
10102052                                                                            06/30/2013
--------                                                                            ----------
10098505                                                                            07/31/2013
--------                                                                            ----------
10106511                                                                            11/30/2013
--------                                                                            ----------
10099191                                                                            12/31/2013
--------                                                                            ----------
10122929                                                                            02/28/2014
--------                                                                            ----------
10125956                                                                            05/31/2014
--------                                                                            ----------
                 Triaminic(R) Cough and                                           300436348043                    67634804                             10300436348040        4 oz                          10104678                     02/28/2013
                   Sore Throat, 4 oz.
                   ------------------
10107025                                                                            02/28/2013
--------                                                                            ----------
10107026                                                                            05/31/2013
--------                                                                            ----------
10117681                                                                            06/30/2013
--------                                                                            ----------
10118052                                                                            08/31/2013
--------                                                                            ----------
10126850                                                                            09/30/2013
--------                                                                            ----------
                  Triaminic(R) Day Time                                           300436345042                    67634504                             10300436345049        4 oz                          10092520                     01/31/2013
                  Cold and Cough, 4 oz.
                  ---------------------
10095545                                                                            01/31/2013
--------                                                                            ----------
10117453                                                                            02/28/2013
--------                                                                            ----------
10097308                                                                            03/31/2013
--------                                                                            ----------
10095904                                                                            04/30/2013
--------                                                                            ----------
10099699                                                                            05/31/2013
--------                                                                            ----------
10102053                                                                            06/30/2013
--------                                                                            ----------
10103616                                                                            07/31/2013
--------                                                                            ----------
10107024                                                                            08/31/2013
--------                                                                            ----------
10103617                                                                            09/30/2013
--------                                                                            ----------
10114266                                                                            10/31/2013
--------                                                                            ----------
10116660                                                                            11/30/2013
--------                                                                            ----------
10116869                                                                            12/31/2013
--------                                                                            ----------
10116870                                                                            02/28/2014
--------                                                                            ----------
10126445                                                                            03/31/2014
--------                                                                            ----------
                      Triaminic(R)                                                300436417121                         N/A                             10300436417135                                      10095327                     01/31/2013
                 Daytime/Nighttime Cold
                    & Cough Club Pack
                    -----------------
10095907                                                                            01/31/2013
--------                                                                            ----------
10097748                                                                            01/31/2013
--------                                                                            ----------
10095298                                                                            04/30/2013
--------                                                                            ----------
10117817                                                                            12/31/2013
--------                                                                            ----------
10117818                                                                            03/31/2014
--------                                                                            ----------
10117819                                                                            03/31/2014
--------                                                                            ----------
                      Triaminic(R)                                                300436216083                    67621608                             10300436216080                                      10095906                     01/31/2013
                Daytime/Nighttime Cold &
                    Cough Combo Pack
                    ----------------
10099216                                                                            02/28/2013
--------                                                                            ----------
10100792                                                                            04/30/2013
--------                                                                            ----------
10100793                                                                            04/30/2013
--------                                                                            ----------
10101494                                                                            05/31/2013
--------                                                                            ----------
10101495                                                                            05/31/2013
--------                                                                            ----------
10106846                                                                            05/31/2013
--------                                                                            ----------
10104675                                                                            06/30/2013
--------                                                                            ----------
10106086                                                                            06/30/2013
--------                                                                            ----------
10106088                                                                            07/31/2013
--------                                                                            ----------
10106284                                                                            07/31/2013
--------                                                                            ----------
10106848                                                                            08/31/2013
--------                                                                            ----------
10110968                                                                            08/31/2013
--------                                                                            ----------
10113146                                                                            09/30/2013
--------                                                                            ----------
10113147                                                                            11/30/2013
--------                                                                            ----------
10115037                                                                            11/30/2013
--------                                                                            ----------
10116592                                                                            12/31/2013
--------                                                                            ----------

Triaminic® Syrups (Cont.)

                           PRODUCT                                       Item UPC NUMBER                    NDC NUMBER                       Case UCC NUMBER                       Size                     LOT                      EXPIRY DATE
                           -------                                       ---------------                    ----------                       ---------------                       ----                     ---                      -----------
                        Triaminic(R)                                                  300436216083                    67621608                             10300436216080                                         10116595                     12/31/2013
                   Daytime/Nighttime Cold
                     & Cough Combo Pack
                           (Cont.)
                           ------
10116596                                                                                12/31/2013
--------                                                                                ----------
10116599                                                                                03/31/2014
--------                                                                                ----------
10123383                                                                                03/31/2014
--------                                                                                ----------
10123388                                                                                03/31/2014
--------                                                                                ----------
                 Triaminic(R) Dye‐free Long                                           300436350046                    67635004                             10300436350043          4 oz                           10081942                     04/30/2013
                     Acting Cough, 4 oz.
                     -------------------
10082283                                                                                04/30/2013
--------                                                                                ----------
10081940                                                                                06/30/2013
--------                                                                                ----------
10097082                                                                                07/31/2013
--------                                                                                ----------
10082927                                                                                09/30/2013
--------                                                                                ----------
10095893                                                                                10/31/2013
--------                                                                                ----------
10095894                                                                                10/31/2013
--------                                                                                ----------
10102049                                                                                11/30/2013
--------                                                                                ----------
10102048                                                                                12/31/2013
--------                                                                                ----------
10106251                                                                                12/31/2013
--------                                                                                ----------
10102051                                                                                01/31/2014
--------                                                                                ----------
10107021                                                                                02/28/2014
--------                                                                                ----------
10107022                                                                                05/31/2014
--------                                                                                ----------
10118430                                                                                07/31/2014
--------                                                                                ----------
10121529                                                                                08/31/2014
--------                                                                                ----------
10129170                                                                                11/30/2014
--------                                                                                ----------
                 Triaminic(R) Fever Reducer                                           300436432049                    67643204                             10300436432046          4 oz                           10093941                     01/31/2013
                  Pain Reliever Bubblegum,
                            4 oz.
                            -----
10102270                                                                                02/28/2013
--------                                                                                ----------
10112423                                                                                03/31/2013
--------                                                                                ----------
10106334                                                                                05/31/2013
--------                                                                                ----------
10116891                                                                                08/31/2013
--------                                                                                ----------
                 Triaminic(R) Fever Reducer                                           300436431042                    67643104                             10300436431049          4 oz                           10092719                     01/31/2013
                 Pain Reliever Grape, 4 oz.
                 --------------------------
10108530                                                                                02/28/2013
--------                                                                                ----------
10112422                                                                                03/31/2013
--------                                                                                ----------
10106335                                                                                05/31/2013
--------                                                                                ----------
10093939                                                                                08/31/2013
--------                                                                                ----------
10126470                                                                                10/31/2013
--------                                                                                ----------
10127629                                                                                11/30/2013
--------                                                                                ----------
10130550                                                                                11/30/2013
--------                                                                                ----------
                 Triaminic(R) Fever Reducer                                           300676441597                    67644159                             10300676441594          2 oz                           10115515                     05/31/2013
                    Pain Reliever Infant
                      Bubblegum, 2 oz.
                      ----------------
10115516                                                                                05/31/2013
--------                                                                                ----------
10115520                                                                                05/31/2013
--------                                                                                ----------
10115521                                                                                05/31/2013
--------                                                                                ----------
10119567                                                                                09/30/2013
--------                                                                                ----------
10128589                                                                                11/30/2013
--------                                                                                ----------
                 Triaminic(R) Fever Reducer                                           300676440590                    67644059                             10300676440597          2 oz                           10115517                     05/31/2013
                 Pain Reliever Infant Grape,
                            2 oz.
                            -----
10115518                                                                                05/31/2013
--------                                                                                ----------
10115519                                                                                05/31/2013
--------                                                                                ----------
10115522                                                                                05/31/2013
--------                                                                                ----------
10123421                                                                                09/30/2013
--------                                                                                ----------
10128599                                                                                11/30/2013
--------                                                                                ----------
10130570                                                                                11/30/2013
--------                                                                                ----------
                     Triaminic(R) Multi                                               300676394343                    67639434                             10300676394340         3.4 oz                          10116856                     06/30/2013
                   Symptom Fever, 3.4 oz.
                   ----------------------
10116857                                                                                06/30/2013
--------                                                                                ----------
10126948                                                                                09/30/2013
--------                                                                                ----------

Triaminic® Syrups (Cont.)

                        PRODUCT                                     Item UPC NUMBER                    NDC NUMBER                       Case UCC NUMBER                       Size                       LOT                        EXPIRY DATE
                        -------                                     ---------------                    ----------                       ---------------                       ----                       ---                        -----------
                   Triaminic(R) Multi                                            300436394040                    67639404                             10300436394047          4 oz                               10110769                     02/28/2013
                  Symptom Fever, 4 oz.
                  --------------------
10095563                                                                           03/31/2013
--------                                                                           ----------
10102058                                                                           03/31/2013
--------                                                                           ----------
10102271                                                                           05/31/2013
--------                                                                           ----------
10116866                                                                           06/30/2013
--------                                                                           ----------
10116867                                                                           06/30/2013
--------                                                                           ----------
10116868                                                                           06/30/2013
--------                                                                           ----------
10121656                                                                           08/31/2013
--------                                                                           ----------
10126740                                                                           10/31/2013
--------                                                                           ----------
10128836                                                                           11/30/2013
--------                                                                           ----------
                Triaminic(R) Night Time                                          300436344342                    67634434                             10300436344349         3.4 oz                              10097303                     03/31/2013
                Cold and Cough, 3.4 oz.
                -----------------------
10097552                                                                           04/30/2013
--------                                                                           ----------
10097554                                                                           06/30/2013
--------                                                                           ----------
10108819                                                                           08/31/2013
--------                                                                           ----------
10114273                                                                           12/31/2013
--------                                                                           ----------
10126947                                                                           03/31/2014
--------                                                                           ----------
                Triaminic(R) Night Time                                          300436344045                    67634404                             10300436344042          4 oz                               10094309                     01/31/2013
                 Cold and Cough, 4 oz.
                 ---------------------
10095895                                                                           03/31/2013
--------                                                                           ----------
10097312                                                                           04/30/2013
--------                                                                           ----------
10097313                                                                           04/30/2013
--------                                                                           ----------
10104673                                                                           05/31/2013
--------                                                                           ----------
10102054                                                                           06/30/2013
--------                                                                           ----------
10106850                                                                           07/31/2013
--------                                                                           ----------
10108823                                                                           08/31/2013
--------                                                                           ----------
10111184                                                                           08/31/2013
--------                                                                           ----------
10101373                                                                           11/30/2013
--------                                                                           ----------
10114269                                                                           12/31/2013
--------                                                                           ----------
10118449                                                                           12/31/2013
--------                                                                           ----------
10121342A                                                                          12/31/2013
---------                                                                          ----------
10121812                                                                           02/28/2014
--------                                                                           ----------
10106851                                                                           03/31/2014
--------                                                                           ----------
10126742                                                                           05/31/2014
--------                                                                           ----------

Triaminic® Syrups (Cont.)

                                 PRODUCT Item UPC NUMBER       DIN     SCC                   Size    LOT
                                 ------- ---------------       ---     ---                   ----    ---
Triaminic Chest & Nasal                              58478 10163 7 2278308  20058478101631 100 mL All
Congestion - Tropical Fruit
---------------------------
Triaminic Cold & Cough- Cherry                       58478 47100 6 2243739  20058478471000 100 mL All
------------------------------                       ------------- -------  -------------- ------ ---
Triaminic Cold & Nighttime Cough                     58478 47102 0  896179  20058478471024 100 mL All
- Grape
-------
Triaminic Cough & Sore Throat -                      58478 47108 2 2130564  20058478471086 100 mL All
Grape
-----
Triaminic Long Acting Cough -                        58478 10168 2 2277972 200058478101686 100 mL All
Berry Punch
-----------
Triaminic Total Cold, Cough &                        58478 47104 4 2239666  20058478471048 100 mL All
Fever - Bubble Gum
------------------

Buckley’s® Complete Liquids

                                  PRODUCT Item UPC NUMBER       DIN     SCC                  Size    LOT
                                  ------- ---------------       ---     ---                  ----    ---
Buckley's Complete with Mucus                         58478 10792 9 2357232 20058478107923 150 mL All
Relief Extra Strength
---------------------
Buckley's Complete with Mucus                         58478 10776 9 2357232 20058478107763 250 mL All
Relief Extra Strength
---------------------
Buckley's Complete PM - Nighttime                     58478 10777 6 2356457 20058478107770 150 mL All
---------------------------------                     ------------- ------- -------------- ------ ---
Buckley's Complete                                    58478 10295 5 2279703 20058478102959 250 mL All
------------------                                    ------------- ------- -------------- ------ ---
Buckley's Complete                                    58478 10295 5 2279703 20058478102959 250 mL All
------------------                                    ------------- ------- -------------- ------ ---
Buckley's Complete                                    58478 10064 7 2279703 20058478100641 150 mL All
------------------                                    ------------- ------- -------------- ------ ---
Buckley's Complete                                    58478 10064 7 2279703 20058478100641 150 mL All
------------------                                    ------------- ------- -------------- ------ ---

Jack & Jill® Pediatric Syrups

                                   PRODUCT Item UPC NUMBER       DIN     SCC                  Size    LOT
                                   ------- ---------------       ---     ---                  ----    ---
Jack & Jill Bedtime - Grape                            65515 00010 5 2241167 10065515000102 100 mL All
---------------------------                            ------------- ------- -------------- ------ ---
Jack & Jill Cough & Cold – Cherry                      65515 00021 1 2242588 10065515000218 100 mL All
---------------------------------                      ------------- ------- -------------- ------ ---
Jack & Jill Children's Formula                         65515 00019 8  823023 10065515000195 100 mL All
Cough Liquid - Cherry
---------------------
Jack & Jill Cough Syrup -                              65515 00008 2  622036 10065515000089 100 mL All
Raspberry
---------
Jack & Jill Expectorant - Raspberry                    58478 10798 1 2350084 20058478107985 100 mL All
-----------------------------------                    ------------- ------- -------------- ------ ---
Click Here for More Information »

Novartis Pharma Logistics, Inc. voluntarily recalling in Jamaica select lots of certain over-the-counter products due to bottle closure defect

– Voluntary recall of certain lots of Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids, issued to consumers, retail customers and wholesalers in Jamaica

– Consumers who may have the product(s) being recalled are asked to return the affected products and receive a full refund

– The products being recalled were produced at a Novartis Consumer Health manufacturing facility in the United States prior to the voluntary suspension of operations in December 2011, and at a third-party manufacturing site in Canada using the same bottle and cap components

PANAMA CITY, Fla., Feb. 5, 2013 /PRNewswire/ — Novartis Pharma Logistics, Inc. announced today that it is voluntarily recalling certain lots of Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids. Novartis Pharma Logistics has decided to issue a voluntary recall to consumers, retail customers and wholesalers in Jamaica because the child-resistant feature of the bottle cap may not function properly, enabling the cap to be removed with the tamper-evident seal still in place. The affected bottle sizes are included at the end of this release.

Novartis Pharma Logistics has not received any adverse events due to the tamper evident seal causing a failure of the child resistant cap. Novartis Consumer Health, Inc.  in the United States received four adverse events for Triaminic® Syrups related to this issue.

Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids continue to be safe and effective when used as directed on the package label.

The products being recalled were produced at a Novartis Consumer Health manufacturing facility in the US prior to the voluntary suspension of operations in December 2011. In addition to production at the US site, Buckley’s Complete® was also produced until January 2013 at a third-party manufacturing site in Canada. A consumer complaint in the US in late November 2012 triggered an internal investigation by Novartis Consumer Health that determined a voluntary recall was in the best interest of consumers.

Action to be taken by consumers

Novartis Pharma Logistics advises consumers who believe they have product included in this recall to discontinue use and return the recalled product to the store or pharmacy where it was purchased for a full refund.  Only recalled product in the original bottle will be eligible for a refund. Consumers may contact the Novartis Consumer Relationship Center at 877-769-8420 (available Monday-Saturday 8 a.m. to 6 p.m. Eastern Time) for more detailed information about the recall, including which products are impacted, and for information on how to return the affected products and receive a full refund.

Action to be taken by retailers and wholesalers

Retailers and wholesalers should stop distribution and return the affected lots using the Novartis Product Return information that is being provided to them. Retailers that receive product returns from consumers will be reimbursed by Novartis Pharma Logistics.

This recall is being conducted with the full knowledge of the Jamaica Ministry of Health.

Disclaimer

The foregoing release contains forward-looking statements including express or implied discussions regarding potential future revenues from Novartis OTC products. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Novartis OTC products will achieve any particular levels of revenue in the future. In particular, management’s expectations regarding such products could be affected by, among other things, unexpected regulatory actions or delays or government regulation generally; competition in general; government, industry and general public pricing pressures; unexpected manufacturing issues; the impact that the foregoing factors could have on the values attributed to the Novartis Group’s assets and liabilities as recorded in the Group’s consolidated balance sheet, and other risks and factors referred to in Novartis AG’s current Form 20-F on file with the US Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

About Novartis

Novartis provides innovative healthcare solutions that address the evolving needs of patients and societies. Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, eye care, cost-saving generic pharmaceuticals, preventive vaccines and diagnostic tools, over-the-counter and animal health products. Novartis is the only global company with leading positions in these areas. In 2012, the Group achieved net sales of USD 56.7 billion, while R&D throughout the Group amounted to approximately USD 9.3 billion (USD 9.1 billion excluding impairment and amortization charges). Novartis Group companies employ approximately 128,000 full-time-equivalent associates and operate in more than 140 countries around the world. For more information, please visit http://www.novartis.com.

Novartis is on Twitter. Sign up to follow @Novartis at http://twitter.com/novartis.

Novartis Media Relations

Julie Masow                            Milicent Brooks
Novartis Corporation                   Novartis Consumer Health, Inc.
+1 212 830 2465 (direct)                                                   +1 973 503 7483(direct)
+1 862 579 8456 (mobile)                                                  +1 973 479 2078 (mobile)
[email protected]               [email protected]
Pamela McKinlay                        Francisco Ericastilla
Novartis Consumer Health, Inc.         Novartis Farmaceutica, S.A. (AC)
+1 973 503 7337(direct)                                                    +502 242 28438 (direct)
+1 862 221 0151(mobile)                                                    +502 571 09426 (mobile)
[email protected]           [email protected]
e-mail: [email protected]

For Novartis multimedia content, please visit www.thenewsmarket.com/Novartis.
For questions about the site or required registration, please contact: [email protected].

Theraflu Warming Relief® Syrups

                  PRODUCT                              Item UPC NUMBER                    NDC NUMBER                       Case UCC NUMBER                       Size                       LOT                        EXPIRY DATE
                  -------                              ---------------                    ----------                       ---------------                       ----                       ---                        -----------
Theraflu (R) Warming Relief Flu and Sore
 Throat, 8.3 oz.                                                    300436265081                    43626508                             10300436265088  8.3 oz                                     10108935                     03/31/2013
----------------------------------------                            ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10096570                            05/31/2013
                                  --------                            ----------
                                  10121298                            05/31/2013
                                  --------                            ----------
                                  10123035                            05/31/2013
                                  --------                            ----------
                                  10106483                            06/30/2013
                                  --------                            ----------
                                  10126716                            07/31/2013
                                  --------                            ----------
Theraflu(R) Daytime Warming Relief Severe
 Cold and Cough, 8.3 oz.                                            300430461083                    43046108                             10300430461080  8.3 oz                                     10096571                     04/30/2013
-----------------------------------------                           ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10117845                            04/30/2013
                                  --------                            ----------
                                  10102070                            06/30/2013
                                  --------                            ----------
                                  10118134                            06/30/2013
                                  --------                            ----------
                                  10118135                            08/31/2013
                                  --------                            ----------
                                  10126586                            08/31/2013
                                  --------                            ----------
                                  10126729                            10/31/2013
                                  --------                            ----------
Theraflu(R) Daytime/Nighttime Severe Cold
 & Cough Value Pack                                                 300436412164                    67641216                             10300436412161                                             10120065                     03/01/2013
-----------------------------------------                           ------------                    --------                             --------------                                             --------                     ----------
10116591A                                                             03/13/2013
---------                                                             ----------
                                  10116591                            03/31/2013
                                  --------                            ----------
                                  10116593                            03/31/2013
                                  --------                            ----------
                                  10106487                            05/31/2013
                                  --------                            ----------
                                  10108285                            05/31/2013
                                  --------                            ----------
                                  10116594                            06/30/2013
                                  --------                            ----------
                                  10116597                            06/30/2013
                                  --------                            ----------
                                  10116598                            06/30/2013
                                  --------                            ----------
                                  10116600                            06/30/2013
                                  --------                            ----------
                                  10116601                            08/31/2013
                                  --------                            ----------
                                  10116602                            08/31/2013
                                  --------                            ----------
Theraflu(R) Nighttime Warming Relief
 Severe Cold and Cough, 8.3 oz.                                     300430460086                    43046008                             10300430460083  8.3 oz                                     10104954                     04/30/2013
------------------------------------                                ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10104955                            05/31/2013
                                  --------                            ----------
                                  10107018                            05/31/2013
                                  --------                            ----------
                                  10118113                            05/31/2013
                                  --------                            ----------
                                  10123039                            05/31/2013
                                  --------                            ----------
                                  10104956                            07/31/2013
                                  --------                            ----------
                                  10126861                            08/31/2013
                                  --------                            ----------
Theraflu(R) Warming Relief Cold and Chest
 Congestion, 8.3 oz.                                                300436296085                    43629608                             10300436296082  8.3 oz                                     10106482                     01/31/2013
-----------------------------------------                           ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10102071                            07/31/2013
                                  --------                            ----------
                                  10113497                            07/31/2013
                                  --------                            ----------
                                  10122891                            08/31/2013
                                  --------                            ----------
                                  10123274                            08/31/2013
                                  --------                            ----------
                                  10126440                            09/30/2013
                                  --------                            ----------
                                  10128457                            11/30/2013
                                  --------                            ----------
Theraflu(R) Warming Relief Sinus and Cold,
 8.3 oz.                                                            300436407085                    67640708                             10300436407082  8.3 oz                                     10095358                     04/30/2013
------------------------------------------                          ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10104966                            07/31/2013
                                  --------                            ----------

Triaminic® Syrups

                  PRODUCT                       Item UPC
                                                 NUMBER       NDC NUMBER    Case UCC NUMBER         Size                    LOT                      EXPIRY DATE
                  -------                         --------    ----------    ---------------         ----                    ---                      -----------
Triaminic(R) Cold and Allergy, 4 oz.          300436346049        67634604    10300436346046  4 oz                                10092519                     01/31/2013
------------------------------------          ------------        --------    --------------  ----                                --------                     ----------
                                  10096507                        02/28/2013
                                  --------                        ----------
                                  10092518                        04/30/2013
                                  --------                        ----------
                                  10102344                        05/31/2013
                                  --------                        ----------
                                  10102052                     06/30/2013
                                  --------                     ----------
                                  10098505                     07/31/2013
                                  --------                     ----------
                                  10106511                     11/30/2013
                                  --------                     ----------
                                  10099191                     12/31/2013
                                  --------                     ----------
                                  10122929                     02/28/2014
                                  --------                     ----------
                                  10125956                     05/31/2014
                                  --------                     ----------
Triaminic(R) Cough and Sore Throat, 4 oz.     300436348043        67634804    10300436348040  4 oz                                10104678                     02/28/2013
-----------------------------------------     ------------        --------    --------------  ----                                --------                     ----------
                                  10107025                     02/28/2013
                                  --------                     ----------
                                  10107026                     05/31/2013
                                  --------                     ----------
                                  10117681                     06/30/2013
                                  --------                     ----------
                                  10118052                     08/31/2013
                                  --------                     ----------
                                  10126850                     09/30/2013
                                  --------                     ----------
Triaminic(R) Day Time Cold and Cough, 4
 oz.                                          300436345042        67634504    10300436345049  4 oz                                10092520                     01/31/2013
---------------------------------------       ------------        --------    --------------  ----                                --------                     ----------
                                  10095545                     01/31/2013
                                  --------                     ----------
                                  10117453                     02/28/2013
                                  --------                     ----------
                                  10097308                     03/31/2013
                                  --------                     ----------
                                  10095904                     04/30/2013
                                  --------                     ----------
                                  10099699                     05/31/2013
                                  --------                     ----------
                                  10102053                     06/30/2013
                                  --------                     ----------
                                  10103616                     07/31/2013
                                  --------                     ----------
                                  10107024                     08/31/2013
                                  --------                     ----------
                                  10103617                     09/30/2013
                                  --------                     ----------
                                  10114266                     10/31/2013
                                  --------                     ----------
                                  10116660                     11/30/2013
                                  --------                     ----------
                                  10116869                     12/31/2013
                                  --------                     ----------
                                  10116870                     02/28/2014
                                  --------                     ----------
                                  10126445                     03/31/2014
                                  --------                     ----------
Triaminic(R) Daytime/Nighttime Cold &
 Cough Club Pack                              300436417121             N/A    10300436417135                                      10095327                     01/31/2013
-------------------------------------         ------------             ---    --------------                                      --------                     ----------
                                  10095907                     01/31/2013
                                  --------                     ----------
                                  10097748                     01/31/2013
                                  --------                     ----------
                                  10095298                     04/30/2013
                                  --------                     ----------
                                  10117817                     12/31/2013
                                  --------                     ----------
                                  10117818                     03/31/2014
                                  --------                     ----------
                                  10117819                     03/31/2014
                                  --------                     ----------
Triaminic(R) Daytime/Nighttime Cold &
 Cough Combo Pack                             300436216083        67621608                                                        10095906                     01/31/2013
                                                                              10300436216080
---
                                  10099216                     02/28/2013
                                  --------                     ----------
                                  10100792                     04/30/2013
                                  --------                     ----------
                                  10100793                     04/30/2013
                                  --------                     ----------
                                  10101494                     05/31/2013
                                  --------                     ----------
                                  10101495                     05/31/2013
                                  --------                     ----------
                                  10106846                     05/31/2013
                                  --------                     ----------
                                  10104675                     06/30/2013
                                  --------                     ----------
                                  10106086                     06/30/2013
                                  --------                     ----------
                                  10106088                     07/31/2013
                                  --------                     ----------
                                  10106284                     07/31/2013
                                  --------                     ----------
                                  10106848                     08/31/2013
                                  --------                     ----------
                                  10110968                     08/31/2013
                                  --------                     ----------
                                  10113146                     09/30/2013
                                  --------                     ----------
                                  10113147                     11/30/2013
                                  --------                     ----------
                                  10115037                     11/30/2013
                                  --------                     ----------
                                  10116592                     12/31/2013
                                  --------                     ----------

Triaminic® Syrups (Cont.)

                  PRODUCT                       Item UPC
                                                 NUMBER             NDC NUMBER          Case UCC NUMBER           Size                     LOT                      EXPIRY DATE
                  -------                         --------          ----------          ---------------           ----                     ---                      -----------
Triaminic(R) Daytime/Nighttime Cold &
 Cough Combo Pack (Cont.)                     300436216083                    67621608    10300436216080                                         10116595                     12/31/2013
-------------------------------------         ------------                    --------    --------------                                         --------                     ----------
10116596                                        12/31/2013
--------                                        ----------
10116599                                        03/31/2014
--------                                        ----------
10123383                                        03/31/2014
--------                                        ----------
10123388                                        03/31/2014
--------                                        ----------
Triaminic(R) Dye-free Long Acting Cough,
 4 oz.                                        300436350046                    67635004    10300436350043  4 oz                                   10081942                     04/30/2013
----------------------------------------      ------------                    --------    --------------  ----                                   --------                     ----------
10082283                                        04/30/2013
--------                                        ----------
10081940                                        06/30/2013
--------                                        ----------
10097082                                        07/31/2013
--------                                        ----------
10082927                                        09/30/2013
--------                                        ----------
10095893                                        10/31/2013
--------                                        ----------
10095894                                        10/31/2013
--------                                        ----------
10102049                                        11/30/2013
--------                                        ----------
10102048                                        12/31/2013
--------                                        ----------
10106251                                        12/31/2013
--------                                        ----------
10102051                                        01/31/2014
--------                                        ----------
10107021                                        02/28/2014
--------                                        ----------
10107022                                        05/31/2014
--------                                        ----------
10118430                                        07/31/2014
--------                                        ----------
10121529                                        08/31/2014
--------                                        ----------
10129170                                        11/30/2014
--------                                        ----------
Triaminic(R) Fever Reducer Pain Reliever
 Bubblegum, 4 oz.                             300436432049                    67643204    10300436432046  4 oz                                   10093941                     01/31/2013
----------------------------------------      ------------                    --------    --------------  ----                                   --------                     ----------
10102270                                        02/28/2013
--------                                        ----------
10112423                                        03/31/2013
--------                                        ----------
10106334                                        05/31/2013
--------                                        ----------
10116891                                        08/31/2013
--------                                        ----------
Triaminic(R) Fever Reducer Pain Reliever
 Grape, 4 oz.                                 300436431042                    67643104    10300436431049  4 oz                                   10092719                     01/31/2013
----------------------------------------      ------------                    --------    --------------  ----                                   --------                     ----------
10108530                                        02/28/2013
--------                                        ----------
10112422                                        03/31/2013
--------                                        ----------
10106335                                        05/31/2013
--------                                        ----------
10093939                                        08/31/2013
--------                                        ----------
10126470                                        10/31/2013
--------                                        ----------
10127629                                        11/30/2013
--------                                        ----------
10130550                                        11/30/2013
--------                                        ----------
Triaminic(R) Fever Reducer Pain Reliever
 Infant Bubblegum, 2 oz.                      300676441597                    67644159    10300676441594  2 oz                                   10115515                     05/31/2013
----------------------------------------      ------------                    --------    --------------  ----                                   --------                     ----------
10115516                                        05/31/2013
--------                                        ----------
10115520                                        05/31/2013
--------                                        ----------
10115521                                        05/31/2013
--------                                        ----------
10119567                                        09/30/2013
--------                                        ----------
10128589                                        11/30/2013
--------                                        ----------
Triaminic(R) Fever Reducer Pain Reliever
 Infant Grape, 2 oz.                          300676440590                    67644059    10300676440597  2 oz                                   10115517                     05/31/2013
----------------------------------------      ------------                    --------    --------------  ----                                   --------                     ----------
10115518                                        05/31/2013
--------                                        ----------
10115519                                        05/31/2013
--------                                        ----------
10115522                                        05/31/2013
--------                                        ----------
10123421                                        09/30/2013
--------                                        ----------
10128599                                        11/30/2013
--------                                        ----------
10130570                                        11/30/2013
--------                                        ----------
Triaminic(R) Multi Symptom Fever, 3.4 oz.     300676394343                    67639434    10300676394340  3.4 oz                                 10116856                     06/30/2013
-----------------------------------------     ------------                    --------    --------------  ------                                 --------                     ----------
10116857                                        06/30/2013
--------                                        ----------
10126948                                        09/30/2013
--------                                        ----------

Triaminic® Syrups (Cont.)

           PRODUCT Item UPC NUMBER           NDC NUMBER         Case UCC NUMBER                     Size LOT          EXPIRY DATE
           ------- ---------------           ----------         ---------------                     ---- ---          -----------
Triaminic(R)
 Multi
 Symptom
 Fever, 4 oz.                   300436394040           67639404               10300436394047 4 oz            10110769           02/28/2013
-------------                   ------------           --------               -------------- ----            --------           ----------
10095563                          03/31/2013
--------                          ----------
10102058                          03/31/2013
--------                          ----------
10102271                          05/31/2013
--------                          ----------
10116866                          06/30/2013
--------                          ----------
10116867                          06/30/2013
--------                          ----------
10116868                          06/30/2013
--------                          ----------
10121656                          08/31/2013
--------                          ----------
10126740                          10/31/2013
--------                          ----------
10128836                          11/30/2013
--------                          ----------
Triaminic(R)
 Night Time
 Cold and
 Cough, 3.4
 oz.                            300436344342           67634434               10300436344349 3.4 oz          10097303           03/31/2013
------------                    ------------           --------               -------------- ------          --------           ----------
10097552                          04/30/2013
--------                          ----------
10097554                          06/30/2013
--------                          ----------
10108819                          08/31/2013
--------                          ----------
10114273                          12/31/2013
--------                          ----------
10126947                          03/31/2014
--------                          ----------
Triaminic(R)
 Night Time
 Cold and
 Cough, 4 oz.                   300436344045           67634404               10300436344042 4 oz            10094309           01/31/2013
-------------                   ------------           --------               -------------- ----            --------           ----------
10095895                          03/31/2013
--------                          ----------
10097312                          04/30/2013
--------                          ----------
10097313                          04/30/2013
--------                          ----------
10104673                          05/31/2013
--------                          ----------
10102054                          06/30/2013
--------                          ----------
10106850                          07/31/2013
--------                          ----------
10108823                          08/31/2013
--------                          ----------
10111184                          08/31/2013
--------                          ----------
10101373                          11/30/2013
--------                          ----------
10114269                          12/31/2013
--------                          ----------
10118449                          12/31/2013
--------                          ----------
10121342A                         12/31/2013
---------                         ----------
10121812                          02/28/2014
--------                          ----------
10106851                          03/31/2014
--------                          ----------
10126742                          05/31/2014
--------                          ----------

Triaminic® Syrups (Cont.)

                                                  PRODUCT Item UPC NUMBER       DIN    SCC                   Size    LOT
                                                  ------- ---------------       ---    ---                   ----    ---
Triaminic Chest & Nasal Congestion - Tropical Fruit                  58478 10163 7 2278308  20058478101631 100 mL All
---------------------------------------------------                  ------------- -------  -------------- ------ ---
Triaminic Cold & Cough- Cherry                                       58478 47100 6 2243739  20058478471000 100 mL All
------------------------------                                       ------------- -------  -------------- ------ ---
Triaminic Cold & Nighttime Cough - Grape                              58478 47102 0 896179  20058478471024 100 mL All
----------------------------------------                              ------------- ------  -------------- ------ ---
Triaminic Cough & Sore Throat - Grape                                58478 47108 2 2130564  20058478471086 100 mL All
-------------------------------------                                ------------- -------  -------------- ------ ---
Triaminic Long Acting Cough - Berry Punch                            58478 10168 2 2277972 200058478101686 100 mL All
-----------------------------------------                            ------------- ------- --------------- ------ ---
Triaminic Total Cold, Cough & Fever - Bubble Gum                      58478 47104 4 2239666 20058478471048 100 mL All
------------------------------------------------                      ------------- ------- -------------- ------ ---

Buckley´s® Complete Liquids

                                                    PRODUCT Item UPC NUMBER       DIN     SCC                  Size    LOT
                                                    ------- ---------------       ---     ---                  ----    ---
Buckley's Complete with Mucus Relief Extra Strength                     58478 10792 9 2357232 20058478107923 150 mL All
---------------------------------------------------                     ------------- ------- -------------- ------ ---
Buckley's Complete with Mucus Relief Extra Strength                     58478 10776 9 2357232 20058478107763 250 mL All
---------------------------------------------------                     ------------- ------- -------------- ------ ---
Buckley's Complete PM - Nighttime                                       58478 10777 6 2356457 20058478107770 150 mL All
---------------------------------                                       ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10295 5 2279703 20058478102959 250 mL All
------------------                                                      ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10295 5 2279703 20058478102959 250 mL All
------------------                                                      ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10064 7 2279703 20058478100641 150 mL All
------------------                                                      ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10064 7 2279703 20058478100641 150 mL All
------------------                                                      ------------- ------- -------------- ------ ---

Jack & Jill® Pediatric Syrups

                                                   PRODUCT Item UPC NUMBER       DIN     SCC                  Size    LOT
                                                   ------- ---------------       ---     ---                  ----    ---
Jack & Jill Bedtime - Grape                                            65515 00010 5 2241167 10065515000102 100 mL All
---------------------------                                            ------------- ------- -------------- ------ ---
Jack & Jill Cough & Cold – Cherry                                      65515 00021 1 2242588 10065515000218 100 mL All
---------------------------------                                      ------------- ------- -------------- ------ ---
Jack & Jill Children's Formula Cough Liquid - Cherry                   65515 00019 8  823023 10065515000195 100 mL All
----------------------------------------------------                   -------------  ------ -------------- ------ ---
Jack & Jill Cough Syrup - Raspberry                                    65515 00008 2  622036 10065515000089 100 mL All
-----------------------------------                                    -------------  ------ -------------- ------ ---
Jack & Jill Expectorant - Raspberry                                    58478 10798 1 2350084 20058478107985 100 mL All
-----------------------------------                                    ------------- ------- -------------- ------ ---
Click Here for More Information »

Novartis Pharma Logistics, Inc. voluntarily recalling in the Bahamas, select lots of certain over-the-counter products due to bottle closure defect

- Voluntary recall of certain lots of Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s ® Complete Liquids, issued to consumers, retail customers and wholesalers in the Bahamas

- Consumers who may have the product(s) being recalled are asked to return the affected products and receive a full refund

- The products being recalled were produced at a Novartis Consumer Health manufacturing facility in the United States prior to the voluntary suspension of operations in December 2011, and at a third-party manufacturing site in Canada using the same bottle and cap components

PANAMA CITY, Feb. 5, 2013 /PRNewswire/ — Novartis Pharma Logistics, Inc. announced today that it is voluntarily recalling certain lots of Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids. Novartis Pharma Logistics has decided to issue a voluntary recall to consumers, retail customers and wholesalers in the Bahamas because the child-resistant feature of the bottle cap may not function properly, enabling the cap to be removed with the tamper-evident seal still in place. The affected bottle sizes are included at the end of this release.

Novartis Pharma Logistics has not received any adverse events due to the tamper evident seal causing a failure of the child resistant cap. Novartis Consumer Health, Inc. in the United States received four adverse events for Triaminic® Syrups related to this issue.

Triaminic® Syrups, Theraflu Warming Relief® Syrups, Jack & Jill® brand pediatric syrups and Buckley’s® Complete Liquids continue to be safe and effective when used as directed on the package label.

The products being recalled were produced at a Novartis Consumer Health manufacturing facility in the US prior to the voluntary suspension of operations in December 2011. In addition to production at the US manufacturing site, Buckley’s Complete® was also produced until January 2013 at a third-party manufacturing site in Canada. A consumer complaint in the US in late November 2012 triggered an internal investigation by Novartis Consumer Health that determined a voluntary recall was in the best interest of consumers.

Action to be taken by consumers
Novartis Pharma Logistics advises consumers who believe they have product included in this recall to discontinue use and return the recalled product to the store or pharmacy where it was purchased for a full refund.  Only recalled product in the original bottle will be eligible for a refund. Consumers may contact the Novartis Consumer Relationship Center at 877-769-8420 (available Monday-Saturday 8 a.m. to 6 p.m. Eastern Time) for more detailed information about the recall, including which products are impacted, and for information on how to return the affected products and receive a full refund.

Action to be taken by retailers and wholesalers
Retailers and wholesalers should stop distribution and return the affected lots using the Novartis Product Return information that is being provided to them. Retailers that receive product returns from consumers will be reimbursed by Novartis Pharma Logistics.

This recall is being conducted with the full knowledge of the Bahamas Ministry of Health.

Disclaimer
The foregoing release contains forward-looking statements including express or implied discussions regarding potential future revenues from Novartis OTC products. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Novartis OTC products will achieve any particular levels of revenue in the future. In particular, management’s expectations regarding such products could be affected by, among other things, unexpected regulatory actions or delays or government regulation generally; competition in general; government, industry and general public pricing pressures; unexpected manufacturing issues; the impact that the foregoing factors could have on the values attributed to the Novartis Group’s assets and liabilities as recorded in the Group’s consolidated balance sheet, and other risks and factors referred to in Novartis AG’s current Form 20-F on file with the US Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

About Novartis
Novartis provides innovative healthcare solutions that address the evolving needs of patients and societies. Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, eye care, cost-saving generic pharmaceuticals, preventive vaccines and diagnostic tools, over-the-counter and animal health products. Novartis is the only global company with leading positions in these areas. In 2012, the Group achieved net sales of USD 56.7 billion, while R&D throughout the Group amounted to approximately USD 9.3 billion (USD 9.1 billion excluding impairment and amortization charges). Novartis Group companies employ approximately 128,000 full-time-equivalent associates and operate in more than 140 countries around the world. For more information, please visit http://www.novartis.com.

Novartis is on Twitter. Sign up to follow @Novartis at http://twitter.com/novartis.

Novartis Media Relations

Julie Masow                            Milicent Brooks
Novartis Corporation                   Novartis Consumer Health, Inc.
+1 212 830 2465 (direct)                                                   +1 973 503 7483(direct)
+1 862 579 8456 (mobile)                                                  +1 973 479 2078 (mobile)
[email protected]               [email protected]
Pamela McKinlay                        Francisco Ericastilla
Novartis Consumer Health, Inc.         Novartis Farmaceutica, S.A. (AC)
+1 973 503 7337(direct)                                                    +502 242 28438 (direct)
+1 862 221 0151(mobile)                                                    +502 571 09426 (mobile)
[email protected]           [email protected]
e-mail: [email protected]

For Novartis multimedia content, please visit www.thenewsmarket.com/Novartis.
For questions about the site or required registration, please contact: [email protected].

Theraflu Warming Relief® Syrups

                  PRODUCT                              Item UPC NUMBER                    NDC NUMBER                       Case UCC NUMBER                       Size                       LOT                        EXPIRY DATE
                  -------                              ---------------                    ----------                       ---------------                       ----                       ---                        -----------
Theraflu (R) Warming Relief Flu and Sore
 Throat, 8.3 oz.                                                    300436265081                    43626508                             10300436265088  8.3 oz                                     10108935                     03/31/2013
----------------------------------------                            ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10096570                            05/31/2013
                                  --------                            ----------
                                  10121298                            05/31/2013
                                  --------                            ----------
                                  10123035                            05/31/2013
                                  --------                            ----------
                                  10106483                            06/30/2013
                                  --------                            ----------
                                  10126716                            07/31/2013
                                  --------                            ----------
Theraflu(R) Daytime Warming Relief Severe
 Cold and Cough, 8.3 oz.                                            300430461083                    43046108                             10300430461080  8.3 oz                                     10096571                     04/30/2013
-----------------------------------------                           ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10117845                            04/30/2013
                                  --------                            ----------
                                  10102070                            06/30/2013
                                  --------                            ----------
                                  10118134                            06/30/2013
                                  --------                            ----------
                                  10118135                            08/31/2013
                                  --------                            ----------
                                  10126586                            08/31/2013
                                  --------                            ----------
                                  10126729                            10/31/2013
                                  --------                            ----------
Theraflu(R) Daytime/Nighttime Severe Cold
 & Cough Value Pack                                                 300436412164                    67641216                             10300436412161                                             10120065                     03/01/2013
-----------------------------------------                           ------------                    --------                             --------------                                             --------                     ----------
10116591A                                                             03/13/2013
---------                                                             ----------
                                  10116591                            03/31/2013
                                  --------                            ----------
                                  10116593                            03/31/2013
                                  --------                            ----------
                                  10106487                            05/31/2013
                                  --------                            ----------
                                  10108285                            05/31/2013
                                  --------                            ----------
                                  10116594                            06/30/2013
                                  --------                            ----------
                                  10116597                            06/30/2013
                                  --------                            ----------
                                  10116598                            06/30/2013
                                  --------                            ----------
                                  10116600                            06/30/2013
                                  --------                            ----------
                                  10116601                            08/31/2013
                                  --------                            ----------
                                  10116602                            08/31/2013
                                  --------                            ----------
Theraflu(R) Nighttime Warming Relief
 Severe Cold and Cough, 8.3 oz.                                     300430460086                    43046008                             10300430460083  8.3 oz                                     10104954                     04/30/2013
------------------------------------                                ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10104955                            05/31/2013
                                  --------                            ----------
                                  10107018                            05/31/2013
                                  --------                            ----------
                                  10118113                            05/31/2013
                                  --------                            ----------
                                  10123039                            05/31/2013
                                  --------                            ----------
                                  10104956                            07/31/2013
                                  --------                            ----------
                                  10126861                            08/31/2013
                                  --------                            ----------
Theraflu(R) Warming Relief Cold and Chest
 Congestion, 8.3 oz.                                                300436296085                    43629608                             10300436296082  8.3 oz                                     10106482                     01/31/2013
-----------------------------------------                           ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10102071                            07/31/2013
                                  --------                            ----------
                                  10113497                            07/31/2013
                                  --------                            ----------
                                  10122891                            08/31/2013
                                  --------                            ----------
                                  10123274                            08/31/2013
                                  --------                            ----------
                                  10126440                            09/30/2013
                                  --------                            ----------
                                  10128457                            11/30/2013
                                  --------                            ----------
Theraflu(R) Warming Relief Sinus and Cold,
 8.3 oz.                                                            300436407085                    67640708                             10300436407082  8.3 oz                                     10095358                     04/30/2013
------------------------------------------                          ------------                    --------                             --------------  ------                                     --------                     ----------
                                  10104966                            07/31/2013
                                  --------                            ----------

Triaminic® Syrups

                  PRODUCT                       Item UPC
                                                 NUMBER     NDC NUMBER  Case UCC NUMBER         Size                    LOT                      EXPIRY DATE
                  -------                         --------  ----------  ---------------         ----                    ---                      -----------
Triaminic(R) Cold and Allergy, 4 oz.          300436346049    67634604    10300436346046  4 oz                                10092519                     01/31/2013
------------------------------------          ------------    --------    --------------  ----                                --------                     ----------
10096507                                                      02/28/2013
--------                                                      ----------
10092518                                                      04/30/2013
--------                                                      ----------
10102344                                                      05/31/2013
--------                                                      ----------
10102052                                                   06/30/2013
--------                                                   ----------
10098505                                                   07/31/2013
--------                                                   ----------
10106511                                                   11/30/2013
--------                                                   ----------
10099191                                                   12/31/2013
--------                                                   ----------
10122929                                                   02/28/2014
--------                                                   ----------
10125956                                                   05/31/2014
--------                                                   ----------
Triaminic(R) Cough and Sore Throat, 4 oz.     300436348043    67634804    10300436348040  4 oz                                10104678                     02/28/2013
-----------------------------------------     ------------    --------    --------------  ----                                --------                     ----------
10107025                                                   02/28/2013
--------                                                   ----------
10107026                                                   05/31/2013
--------                                                   ----------
10117681                                                   06/30/2013
--------                                                   ----------
10118052                                                   08/31/2013
--------                                                   ----------
10126850                                                   09/30/2013
--------                                                   ----------
Triaminic(R) Day Time Cold and Cough, 4
 oz.                                          300436345042    67634504    10300436345049  4 oz                                10092520                     01/31/2013
---------------------------------------       ------------    --------    --------------  ----                                --------                     ----------
10095545                                                   01/31/2013
--------                                                   ----------
10117453                                                   02/28/2013
--------                                                   ----------
10097308                                                   03/31/2013
--------                                                   ----------
10095904                                                   04/30/2013
--------                                                   ----------
10099699                                                   05/31/2013
--------                                                   ----------
10102053                                                   06/30/2013
--------                                                   ----------
10103616                                                   07/31/2013
--------                                                   ----------
10107024                                                   08/31/2013
--------                                                   ----------
10103617                                                   09/30/2013
--------                                                   ----------
10114266                                                   10/31/2013
--------                                                   ----------
10116660                                                   11/30/2013
--------                                                   ----------
10116869                                                   12/31/2013
--------                                                   ----------
10116870                                                   02/28/2014
--------                                                   ----------
10126445                                                   03/31/2014
--------                                                   ----------
Triaminic(R) Daytime/Nighttime Cold &
 Cough Club Pack                              300436417121         N/A    10300436417135                                      10095327                     01/31/2013
-------------------------------------         ------------         ---    --------------                                      --------                     ----------
10095907                                                   01/31/2013
--------                                                   ----------
10097748                                                   01/31/2013
--------                                                   ----------
10095298                                                   04/30/2013
--------                                                   ----------
10117817                                                   12/31/2013
--------                                                   ----------
10117818                                                   03/31/2014
--------                                                   ----------
10117819                                                   03/31/2014
--------                                                   ----------
Triaminic(R) Daytime/Nighttime Cold &
 Cough Combo Pack                             300436216083    67621608    10300436216080                                      10095906                     01/31/2013
-------------------------------------         ------------    --------    --------------                                      --------                     ----------
10099216                                                   02/28/2013
--------                                                   ----------
10100792                                                   04/30/2013
--------                                                   ----------
10100793                                                   04/30/2013
--------                                                   ----------
10101494                                                   05/31/2013
--------                                                   ----------
10101495                                                   05/31/2013
--------                                                   ----------
10106846                                                   05/31/2013
--------                                                   ----------
10104675                                                   06/30/2013
--------                                                   ----------
10106086                                                   06/30/2013
--------                                                   ----------
10106088                                                   07/31/2013
--------                                                   ----------
10106284                                                   07/31/2013
--------                                                   ----------
10106848                                                   08/31/2013
--------                                                   ----------
10110968                                                   08/31/2013
--------                                                   ----------
10113146                                                   09/30/2013
--------                                                   ----------
10113147                                                   11/30/2013
--------                                                   ----------
10115037                                                   11/30/2013
--------                                                   ----------
10116592                                                   12/31/2013
--------                                                   ----------

Triaminic® Syrups (Cont.)

                  PRODUCT                       Item UPC
                                                 NUMBER             NDC NUMBER          Case UCC NUMBER           Size                     LOT                      EXPIRY DATE
                  -------                         --------          ----------          ---------------           ----                     ---                      -----------
Triaminic(R) Daytime/Nighttime Cold &
 Cough Combo Pack (Cont.)                     300436216083                    67621608    10300436216080                                         10116595                     12/31/2013
-------------------------------------         ------------                    --------    --------------                                         --------                     ----------
10116596                                        12/31/2013
--------                                        ----------
10116599                                        03/31/2014
--------                                        ----------
10123383                                        03/31/2014
--------                                        ----------
10123388                                        03/31/2014
--------                                        ----------
Triaminic(R) Dye‐free Long Acting Cough, 4
 oz.                                          300436350046                    67635004    10300436350043  4 oz                                   10081942                     04/30/2013
------------------------------------------    ------------                    --------    --------------  ----                                   --------                     ----------
10082283                                        04/30/2013
--------                                        ----------
10081940                                        06/30/2013
--------                                        ----------
10097082                                        07/31/2013
--------                                        ----------
10082927                                        09/30/2013
--------                                        ----------
10095893                                        10/31/2013
--------                                        ----------
10095894                                        10/31/2013
--------                                        ----------
10102049                                        11/30/2013
--------                                        ----------
10102048                                        12/31/2013
--------                                        ----------
10106251                                        12/31/2013
--------                                        ----------
10102051                                        01/31/2014
--------                                        ----------
10107021                                        02/28/2014
--------                                        ----------
10107022                                        05/31/2014
--------                                        ----------
10118430                                        07/31/2014
--------                                        ----------
10121529                                        08/31/2014
--------                                        ----------
10129170                                        11/30/2014
--------                                        ----------
Triaminic(R) Fever Reducer Pain Reliever
 Bubblegum, 4 oz.                             300436432049                    67643204    10300436432046  4 oz                                   10093941                     01/31/2013
----------------------------------------      ------------                    --------    --------------  ----                                   --------                     ----------
10102270                                        02/28/2013
--------                                        ----------
10112423                                        03/31/2013
--------                                        ----------
10106334                                        05/31/2013
--------                                        ----------
10116891                                        08/31/2013
--------                                        ----------
Triaminic(R) Fever Reducer Pain Reliever
 Grape, 4 oz.                                 300436431042                    67643104    10300436431049  4 oz                                   10092719                     01/31/2013
----------------------------------------      ------------                    --------    --------------  ----                                   --------                     ----------
10108530                                        02/28/2013
--------                                        ----------
10112422                                        03/31/2013
--------                                        ----------
10106335                                        05/31/2013
--------                                        ----------
10093939                                        08/31/2013
--------                                        ----------
10126470                                        10/31/2013
--------                                        ----------
10127629                                        11/30/2013
--------                                        ----------
10130550                                        11/30/2013
--------                                        ----------
Triaminic(R) Fever Reducer Pain Reliever
 Infant Bubblegum, 2 oz.                      300676441597                    67644159    10300676441594  2 oz                                   10115515                     05/31/2013
----------------------------------------      ------------                    --------    --------------  ----                                   --------                     ----------
10115516                                        05/31/2013
--------                                        ----------
10115520                                        05/31/2013
--------                                        ----------
10115521                                        05/31/2013
--------                                        ----------
10119567                                        09/30/2013
--------                                        ----------
10128589                                        11/30/2013
--------                                        ----------
Triaminic(R) Fever Reducer Pain Reliever
 Infant Grape, 2 oz.                          300676440590                    67644059    10300676440597  2 oz                                   10115517                     05/31/2013
----------------------------------------      ------------                    --------    --------------  ----                                   --------                     ----------
10115518                                        05/31/2013
--------                                        ----------
10115519                                        05/31/2013
--------                                        ----------
10115522                                        05/31/2013
--------                                        ----------
10123421                                        09/30/2013
--------                                        ----------
10128599                                        11/30/2013
--------                                        ----------
10130570                                        11/30/2013
--------                                        ----------
Triaminic(R) Multi Symptom Fever, 3.4 oz.     300676394343                    67639434    10300676394340  3.4 oz                                 10116856                     06/30/2013
-----------------------------------------     ------------                    --------    --------------  ------                                 --------                     ----------
10116857                                        06/30/2013
--------                                        ----------
10126948                                        09/30/2013
--------                                        ----------

Triaminic® Syrups (Cont.)

           PRODUCT          Item UPC NUMBER           NDC NUMBER         Case UCC NUMBER                     Size LOT          EXPIRY DATE
           -------          ---------------           ----------         ---------------                     ---- ---          -----------
Triaminic(R)
 Multi
 Symptom
 Fever, 4 oz.                            300436394040           67639404               10300436394047 4 oz            10110769           02/28/2013
-------------                            ------------           --------               -------------- ----            --------           ----------
                   10095563                03/31/2013
                   --------                ----------
                   10102058                03/31/2013
                   --------                ----------
                   10102271                05/31/2013
                   --------                ----------
                   10116866                06/30/2013
                   --------                ----------
                   10116867                06/30/2013
                   --------                ----------
                   10116868                06/30/2013
                   --------                ----------
                   10121656                08/31/2013
                   --------                ----------
                   10126740                10/31/2013
                   --------                ----------
                   10128836                11/30/2013
                   --------                ----------
Triaminic(R)
 Night Time
 Cold and
 Cough, 3.4
 oz.                                     300436344342           67634434               10300436344349 3.4 oz          10097303           03/31/2013
------------                             ------------           --------               -------------- ------          --------           ----------
                   10097552                04/30/2013
                   --------                ----------
                   10097554                06/30/2013
                   --------                ----------
                   10108819                08/31/2013
                   --------                ----------
                   10114273                12/31/2013
                   --------                ----------
                   10126947                03/31/2014
                   --------                ----------
Triaminic(R)
 Night Time
 Cold and
 Cough, 4 oz.                            300436344045           67634404               10300436344042 4 oz            10094309           01/31/2013
-------------                            ------------           --------               -------------- ----            --------           ----------
                   10095895                03/31/2013
                   --------                ----------
                   10097312                04/30/2013
                   --------                ----------
                   10097313                04/30/2013
                   --------                ----------
                   10104673                05/31/2013
                   --------                ----------
                   10102054                06/30/2013
                   --------                ----------
                   10106850                07/31/2013
                   --------                ----------
                   10108823                08/31/2013
                   --------                ----------
                   10111184                08/31/2013
                   --------                ----------
                   10101373                11/30/2013
                   --------                ----------
                   10114269                12/31/2013
                   --------                ----------
                   10118449                12/31/2013
                   --------                ----------
10121342A                                  12/31/2013
---------                                  ----------
                   10121812                02/28/2014
                   --------                ----------
                   10106851                03/31/2014
                   --------                ----------
                   10126742                05/31/2014
                   --------                ----------

Triaminic® Syrups (Cont.)

                                                  PRODUCT Item UPC NUMBER       DIN    SCC                   Size    LOT
                                                  ------- ---------------       ---    ---                   ----    ---
Triaminic Chest & Nasal Congestion - Tropical Fruit                  58478 10163 7 2278308  20058478101631 100 mL All
---------------------------------------------------                  ------------- -------  -------------- ------ ---
Triaminic Cold & Cough- Cherry                                       58478 47100 6 2243739  20058478471000 100 mL All
------------------------------                                       ------------- -------  -------------- ------ ---
Triaminic Cold & Nighttime Cough - Grape                              58478 47102 0 896179  20058478471024 100 mL All
----------------------------------------                              ------------- ------  -------------- ------ ---
Triaminic Cough & Sore Throat - Grape                                58478 47108 2 2130564  20058478471086 100 mL All
-------------------------------------                                ------------- -------  -------------- ------ ---
Triaminic Long Acting Cough - Berry Punch                            58478 10168 2 2277972 200058478101686 100 mL All
-----------------------------------------                            ------------- ------- --------------- ------ ---
Triaminic Total Cold, Cough & Fever - Bubble Gum                      58478 47104 4 2239666 20058478471048 100 mL All
------------------------------------------------                      ------------- ------- -------------- ------ ---

Buckley´s® Complete Liquids

                                                    PRODUCT Item UPC NUMBER       DIN     SCC                  Size    LOT
                                                    ------- ---------------       ---     ---                  ----    ---
Buckley's Complete with Mucus Relief Extra Strength                     58478 10792 9 2357232 20058478107923 150 mL All
---------------------------------------------------                     ------------- ------- -------------- ------ ---
Buckley's Complete with Mucus Relief Extra Strength                     58478 10776 9 2357232 20058478107763 250 mL All
---------------------------------------------------                     ------------- ------- -------------- ------ ---
Buckley's Complete PM - Nighttime                                       58478 10777 6 2356457 20058478107770 150 mL All
---------------------------------                                       ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10295 5 2279703 20058478102959 250 mL All
------------------                                                      ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10295 5 2279703 20058478102959 250 mL All
------------------                                                      ------------- ------- -------------- ------ ---
Buckley's Complete                                                      58478 10064 7 2279703 20058478100641 150 mL All
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Buckley's Complete                                                      58478 10064 7 2279703 20058478100641 150 mL All
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Jack & Jill® Pediatric Syrups

                                                   PRODUCT Item UPC NUMBER       DIN     SCC                  Size    LOT
                                                   ------- ---------------       ---     ---                  ----    ---
Jack & Jill Bedtime - Grape                                            65515 00010 5 2241167 10065515000102 100 mL All
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Jack & Jill Cough & Cold – Cherry                                      65515 00021 1 2242588 10065515000218 100 mL All
---------------------------------                                      ------------- ------- -------------- ------ ---
Jack & Jill Children's Formula Cough Liquid - Cherry                   65515 00019 8  823023 10065515000195 100 mL All
----------------------------------------------------                   -------------  ------ -------------- ------ ---
Jack & Jill Cough Syrup - Raspberry                                    65515 00008 2  622036 10065515000089 100 mL All
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Jack & Jill Expectorant - Raspberry                                    58478 10798 1 2350084 20058478107985 100 mL All
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USAID Office of Inspector General and La Fondation Heritage pour Haiti Launch Anti-Corruption Hotline

WASHINGTON, Jan. 25, 2013 /PRNewswire-USNewswire/ — The U.S. Agency for International Development, Office of Inspector General (USAID OIG) and La Fondation Heritage pour Haiti (LFHH), the Haitian chapter of Transparency International (TI), have begun operating an anti-corruption hotline in Haiti.

The hotline will help fight corruption and promote accountability in aid programs in Haiti and
is widely advertised on radio, television, and vehicles used by USAID’s implementing partners.  The
24-hour hotline accepts allegations in English, French, and Creole and has been receiving complaints since it launched in December 2012.

Developed as part of USAID OIG’s ongoing partnership with LFHH, the hotline models the approach of the Pakistan Anti-Fraud Hotline run by Transparency International-Pakistan and the OIG.  Both hotlines cover not only USAID projects and implementers, but also receive complaints across the spectrum of international and local assistance programs in their respective countries.

USAID Deputy Inspector General, Michael G. Carroll, said, “This new hotline gives the Haitian people a way to help fight corruption in the programs and services meant to benefit them.  OIG remains firmly committed to rooting out fraud and corruption in assistance programs across the country, and to help improve donor assistance in Haiti.”

The anti-corruption hotline in Haiti is funded by USAID in coordination with USAID OIG through a three-year, $168,000 cooperative agreement with and LFHH.

Complaints can be made to the hotline by:

  • Telephone, at (509) 3701-7089 or (509) 2513-7089, toll free
  • Text message, at *550 in Haiti
  • Email ([email protected]), or
  • Mail, at:

La Fondation Heritage pour Haiti
Section Haitienne de Transparency International (TI)
Boite postale 16136
Bureau Postal de Petion-Ville
Petion-Ville, Haiti NT 6140

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Avalon Partners To Present Invest Caribbean Now 2013

Panellists at the 2012 Invest Caribbean Now forum in NYC in June 2012. (Sharon Bennett image)

Panelists at the 2012 Invest Caribbean Now forum in NYC in June 2012. (Sharon Bennett image)

CaribPR Wire, NEW YORK, NY, Jan. 25, 2013:  Investment opportunities in the last emerging market on earth will again take the spotlight this June 5th as luxury real estate company, Avalon Partners, presents the third edition of the Invest Caribbean Now Power Forum, ICN 2013, during Caribbean Week in New York City.

The event, organized since 2011 by award-winning digital media solutions company, Hard Beat Communications, in conjunction with the governmental regional tourism grouping, the Caribbean Tourism Organization, has attracted a high caliber of delegates in the past two years, including over 600 investment bankers, private equity investors, ministers’ of governments, hotel developers, tourism officials, architects, real estate developers, financial advisers, entrepreneurs and the media.

In 2013, the Avalon-presented forum will be more expansive, with a longer event and broader focus on the Caribbean and investment opportunities there through invited exhibitors from the regional arms of the various investment agencies as well as other companies.

A stellar agenda is already being developed that will include spotlighting the investment opportunities in the economically viable territory of  The Turks & Caicos Islands, with attendance slated from a cadre of government and business leaders. Additionally, the forum will feature an address on The Foreign Account Tax Compliance Act, (FATCA) & The Caribbean, by a deputy secretary in the U.S. Department of the Treasury; Investing In The Caribbean Stock Exchanges – The Case Of Jamaica, by head of the Jamaica Stock Exchange, Mrs. Marlene Street, as well as opportunities in luxury real estate and marina development.

Invest Caribbean Now founder and Hard Beat Communications, CEO, Felicia Persaud, welcomed the partnership with Avalon for 2013.

“We are very excited to welcome Avalon as presenters this year in a forum that is definitively dedicated to connecting U.S. investors with opportunities in what is truly the last emerging market on earth – the Caribbean,” said Persaud. “Avalon Partners attended this event in our inaugural year and this year they are our lead sponsor – which shows we are doing something right.”

Grace Lappin, managing partner of Avalon Partners, Ltd., and Tropical Destinations Expert for The Language of Luxury, said the company’s marquee sponsorship of ICN 2013 marks Avalon’s commitment and dedication to promoting the region through the Invest Caribbean Now Forum.

“As someone who has worked in the Caribbean real estate market for many years, I feel it is critical to support this important event. ICN is a groundbreaking forum that spotlights the economic viability of this region, a region often overlooked even by savvy investors. We hope our emphasis and outreach will encourage investors to revisit this region’s rich potential and support its rightful placement in the global economy.” said Lappin.

Additional partners for ICN 2013 are One Caribbean Television, The PR Newswire, CaribPR Wire and News Americas Now.  For partnership and special sponsorship/branding opportunities log on to here or email Joe Bernstein at [email protected].

About Invest Caribbean Now:

The Invest Caribbean Now forum is the brainchild of Persaud, whose goal is to boost U.S. investors’ interest and investment in the region of her birth. Since its inaugural year, the event has earned rave reviews  and secured significant media coverage for its high powered attendees and presentations from top panelists, including: Wendell Dave Dowrich, vice president, Goldman Sachs; David Brillembourg, founder, chairman & chief executive officer, Brilla Group; Martin Mohabeer, managing director, Spackman Group and CEO of Spackman Capital; President and co-founder of Solamon Energy Corp, Jay Yeo; Chairman and Managing Director of Blue Equity, LLC., Jonathan S. Blue and Lisa Lake, head of The Branson Centre of Entrepreneurship – Caribbean.

Supplementary information on the event can be found at InvestCaribbeanNow.com, the event’s pages on Facebook and on Twitter. When tweeting about this event, use #InvestCarib.

About Avalon Partners

Avalon Partners is a luxury boutique firm specializing in incomparable personalized service. Its client base spans the globe and seeks out Avalon because of the company’s integrity, experience, and dedication, as well as its reputation for excellence. The company represents owners, financiers, and developers of unique properties, luxurious villas, ocean front estates, exceptional homes, and investment and commercial properties.

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Xoom & Golden Krust Announce A Special Offer For Remitters To Jamaica

Send your first Xoom.com money transfer and receive a $25 Golden Krust Visa Prepaid Card

CaribPR Wire, NEW YORK, NY, Weds. Jan. 16, 2013: Xoom Corporation, a pioneer and leader in online consumer-to-consumer money transfer services to Jamaica, is giving back to its many customers in the Diaspora and their families and friends in Jamaica.

The company recently announced a blockbuster partnership with Golden Krust Caribbean Bakery & Grill, the largest Caribbean-cuisine chain in the United States, that will allow first-time Xoom customers who send money to Jamaica thru March 1, 2013 from www.xoom.com/gk to receive a free $25 Golden Krust Visa Prepaid Card, which can be used in any of Golden Krust’s 120 locations in the United States.
“Golden Krust began as a family bakery in St. Andrew, Jamaica, and has become a global brand by offering terrific island cuisine coupled with warm and friendly hospitality,” said Julian King, Xoom’s Senior Vice President, Marketing and Corporate Development.

“We are very excited to partner with Golden Krust and offer customers this great incentive – to discover how convenient, safe and fast it is to send money home with Xoom.”
King said the new Xoom/Golden Krust special offer was inked, just as the Inter-American Dialogue (IAD) announced that for the second consecutive year, Xoom was ranked ‘best in class’ for money transfers to Latin America and the Caribbean.

Xoom tied with two other companies, out-performing 34 other leading U.S.-based money transfer companies. IAD is the premier U.S. center for analyzing remittance trends and services.

“We are very proud to have received this distinction and want to share it with our many customers. We are working hard so you keep using Xoom for your future money transfers” King reiterated.

Transfers sent from the Xoom.com website to Jamaica are available for pickup in minutes at 93 locations island-wide, including branches of Xoom’s partners – Victoria Mutual Building Society and Capital and Credit. Customers can also send money to most bank accounts in Jamaica.

Golden Krust is headquartered in Bronx, New York with franchises in nine US states: New York, New Jersey, Connecticut, Pennsylvania, Georgia, Florida, Maryland, North Carolina and Massachusetts. The company recently opened a restaurant at the Newark International Airport in Newark, NJ.

“We’re thrilled to be collaborating with Xoom, a leader in online money transfers to Jamaica,” said Lowell Hawthorne, President and CEO of Golden Krust.

“Xoom and Golden Krust are committed to excellent customer service and we are happy to provide an incentive to reward our customers who send money to their friends and family in Jamaica for the first time with Xoom. The timing is perfect.”

About Xoom Corporation
Xoom is a global online money transfer provider, focused on helping consumers send money in a secure, fast and cost-effective way using their mobile phone, tablet or computer.  During the 12 months ended September 30, 2012, Xoom’s 700,000 active customers sent more than $2.9 billion to family and friends in 30 countries worldwide. The company is headquartered in San Francisco and can be found online at http://www.xoom.com/.

About Golden Krust Bakery & Grill Inc.
Golden KrustBakery & Grill, Inc., http://www.goldenkrustbakery.com/, is the nation’s largest Caribbean food chain. Founded in 1989 by the Hawthorne family, Golden Krust is headquartered in Bronx, NY and has over 120 stores in nine states.

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Trailer Bridge Appoints Chris J. Dombalis as CEO

JACKSONVILLE, Fla., Jan. 14, 2013 /PRNewswire/ — Trailer Bridge, Inc. announced today that its Board of Directors has appointed Chris J. Dombalis as a Board Member and Chief Executive Officer of the Company, effective January 16, 2013.  Mr. Dombalis succeeds Frank Halliwell, who served as interim CEO since October 2012.

Mr. Dombalis brings to Trailer Bridge over 30 years of executive experience in the maritime and logistics industries.  Most recently, he served as Executive Vice President of Maher Terminals LLC, one the largest multi-user container terminal operators in the world.  During his tenure at Maher, Mr. Dombalis was responsible for global marketing and terminal development.

Evan Behrens, Chairman of Trailer Bridge, stated, “We are excited to have Chris join the Trailer Bridge team.  His extensive industry experience and strategic vision will help continue the Company’s intense focus on customer service while positioning us to capitalize on numerous growth opportunities.”

About Trailer Bridge, Inc.

Trailer Bridge provides integrated trucking and marine freight service to and from all points in the lower 48 states and Puerto Rico and Dominican Republic, bringing efficiency, service, security and environmental safety benefits to domestic cargo in that traffic lane.  This total transportation system utilizes an efficient inland network, owned containers and U.S. flag vessels to link the mainland with Puerto Rico via marine facilities in Jacksonville, San Juan and Puerto Plata.

For more information visit us at www.trailerbridge.com.

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Balbour & Pino Realtors Ltd. Presents on TVJ “Home Sweet Home”

KINGSTON, Jamaica, Jan. 14, 2013 /PRNewswire/ – Balbour & Pino Realtors Ltd. is pleased to announce that it was showcased on TVJ, on December 2, 2012

Balbour & Pino Realtors Ltd. was recently invited by Wealth Magazine’s “Home Sweet Home,” which airs on Jamaica’s TVJ, to discuss and present one of their exclusive high-end real estate listings in Red Hills, specifically Kirkland Heights, and to compare costs to New York real estate.

Mr. Richard Pino, Managing Director, of Balbour & Pino Realtors, said he received a call from Wealth Magazine’s division “Home Sweet Home,” during his business trip to China back in October 2012. Mr. Pino went on to state that he was surprised, and thrilled at the same time, to receive this call while he was in China. Mr. Pino further stated that the staff of “Home Sweet Home” wanted to meet with him much sooner, but they were very accommodating since he was out of the country.

One item that stands out during Mr. Pino’s appearance on “Home Sweet Home,” is his comparison of the 8,000 square foot estate on West Kirkland Heights with panoramic views selling for JM$45 million to a 9,100 square foot condominium in a high-rise building in New York selling or US$39 million. It is amazing how there is a vast difference in real estate prices from area to area within a country and from country to country. As we know, natural land is limited, thereby affecting prices, but today, man-made (land-fill) land is quite possible along with the same high-end prices – Palm Islands in Dubai as an example.

Mr. Pino stated, “I thoroughly enjoyed showing this property on “Home Sweet Home,” and I hope to be invited back for future episodes to show and discuss real estate throughout Jamaica and New York.”

About Balbour & Pino Realtors, Ltd.

Balbour & Pino Realtors, Ltd. is a full-service real estate firm providing brokerage, advisory, marketing, and relocation services on the island of Jamaica. Headquartered in Kingston, Balbour & Pino Realtors is a boutique firm with international reach. Balbour & Pino offers comprehensive real estate services to its clients across the island and from aboard for its international investors.

Balbour & Pino Realtors currently has offices in Jamaica, West Indies and New York City. Balbour & Pino Realtors, Ltd. is registered with the Real Estate Board of Jamaica and the Realtors Association of Jamaica.

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Caribbean 3rd Largest Volume To Submit Advertising Creative

CaribPR Wire, BRIDGETOWN, Barbados,  January 11, 2013: The Caribbean Advertising Federation, (CAF), is the only non-American territory chapter of the American Advertising Federation, (AAF).  CAF was established in 1997 by Terri Brown in St. Thomas to promote the well-being of advertising through a grassroots network of advertisers, agencies, media companies and educational facilities to help build the Caribbean economy. CAF also strives to assist member companies to grow their businesses within their national borders and to be recognized for superior work outside the region.

CAF accomplishes this through the annual advertising creative competition, the AAF ADDY Awards. The ADDYs recognize the best advertising across the US and the Caribbean to stimulate new creative and appreciation for the industry. The ADDY competition supports the entire profession, focusing attention on the high of level talent available in the region in all levels of advertising categories. This includes film producers, musicians, graphic designers, photographers, creative directors, social media experts and public relation specialists.

“The advertising industry is a major source of employment in the Caribbean,” says Renae Quinton, president of CAF. “The more awards the Caribbean Federation (CAF) wins the more we are able to showcase regional talent and forge new partnerships with the world’s largest advertisers.”

It is estimated that over $400 billion (KantarMedia) was spent worldwide on advertising in 2011; fifty per cent of the top 10 corporate advertising budgets have significant presence in the Caribbean.  Advertising is a creative industry that has a strong presence in the Caribbean region.

In 2012, CAF submitted the third greatest volume of entries out of 21 advertising federations in Florida and had an impressive number of winners. “Talent in the Caribbean is second to none. Several CAF ADDY winners have achieved national recognition, gaining them new huge exposure and clients,” explained Terri Brown, CAF ADDY chairperson.

The ADDY award program has three progressive tiers. The first tier is just about to come to a close on January 20th, 2013. This is where all creatives across the Caribbean are invited to submit their best advertising work to the CAF chapter. This competition is open to all types of creatives, from a single freelance designer to a 100 person advertising agency, to a marketing manager in a corporate department or industry supplier. All are welcome to enter (www.addycompetition.com or facebook.com/CAFADDY ) once they are members of the Caribbean Advertising Federation. Winners at the local level progress to tier two to compete with winners from Florida. District winners are then sent to compete in the final phase of the competition at the National ADDY level. CAF has had numerous District ADDY winners and two National ADDY winners in past years.

Selection of the most creative entries in each category is done by a panel of experienced international judges in St. Thomas USVI. A GOLD ADDY is recognition of the highest level of creative excellence and is judged to be superior to all other entries in the competition. Entries that are also considered outstanding and worthy of recognition receive a SILVER ADDY.  Highly coved “best of category” awards are given for print, radio, TV and Internet.

The CAF has grown each year since its inception in 1997. In 2013, it is the goal of the CAF to be the largest award winning chapter across the North America, further demonstrating the strength of creative talent in the Caribbean.

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Scotiabank named Global Bank of the Year

Scotiabank is the first Canadian bank to be recognized as Global Bank of the Year and Bank of the Year in the Americas by The Banker magazine

TORONTO, Nov. 29, 2012 /PRNewswire/ — Scotiabank today received recognition as Global Bank of the Year from The Banker magazine, a Financial Times publication. The Bank was also recognized in seven other categories, including Bank of the Year for the Americas. This is the first time a Canadian bank has been recognized in either category.

Financial institutions are judged by The Banker on their ability to deliver shareholder returns and gain strategic advantage.

“We are honoured to be the first Canadian bank to be recognized as Global Bank of the Year,” said Rick Waugh, CEO of Scotiabank. “At Scotiabank we pride ourselves on our ability to earn a strong return on capital while staying true to the risk management culture that has been a driving force of our success for more than 180 years.

“Scotiabank has a strong track record of delivering superior results and at the heart of that success is our culture, which is rooted in our values and good business judgement,” added Mr. Waugh.

Scotiabank was also recognized by the magazine as Bank of the Year in Canada, Antigua, Barbados, Belize, Turks and Caicos and the British Virgin Islands.

The Banker’s Bank of the Year Award is in its 12th year. The magazine is the world’s longest running international banking magazine, recognized as a leading source of information on finance and investment around the globe. The magazine is a key source of data and analysis for the banking industry and is read in more than 180 countries.

About Scotiabank
Scotiabank is one of North America’s premier financial institutions and Canada’s most international bank. With more than 81,000 employees, Scotiabank and its affiliates serve some 19 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. With assets of $670 billion (as at July 31, 2012), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.

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Petrotechnics Announces Major Partnership with the University of Trinidad and Tobago

ABERDEEN, Scotland, Nov. 28, 2012 /PRNewswire/ — Petrotechnics, the global leader in transforming frontline performance and improving operational risk in the energy industry, has announced a partnership with the University of Trinidad and Tobago (UTT) to create sustainable safety training solutions for offshore workers in the region.

(Logo: http://photos.prnewswire.com/prnh/20121128/579724 )

Petrotechnics and UTT will select and train local Trinidadians in general operational safety protocols as well as its own operational safety courses. This will form the basis for a self-sufficient, sustainable and cost effective delivery model for oil and gas organisations in the local area.

It is believed that by enabling local accredited safety training instructors, UTT could help operators in the region to save up to 40% on current operational safety training costs.

Once completed, UTT will be accredited to deliver Petrotechnics’ courses and the university will undergo annual reaccreditation of its training and facilities to ensure that high standards are maintained in the delivery of the courses

A groundbreaking programme, it represents the first time Petrotechnics has accredited a third party organisation to deliver its services and is the first step in wider strategy to develop accredited centres across the globe with the first four graduates of the programme expected in the summer of next year.

In addition to attaining qualifications to deliver the HITRA (Hazard Identification and Task Risk Assessment) and ISSOW (Intergrated Safe System of Work), graduates will be invited to return and train the next generation in operational safety creating sustainability in the area.

Although courses and graduates will be available any company in the region, BP Trinidad and Tobago have a long-term relationship with both Petrotechnics and UTT, and has already committed to have its operational safety training delivered by UTT once its trainers have been accredited by Petrotechnics, which is expected to be December 2012.

Speaking of the partnership, Petrotechnics’ executive vice president Iain Mackay, said: “The partnership with the University of Trinidad and Tobago will create a legacy of self-sufficient training in the region. By helping jumpstart and create an effective training environment, we will transfer our significant skills and knowledge to the local population allowing them manage and deliver a comprehensive safety training program to offshore workers.

“With more than 10 years of experience in delivering training, we are using this to short cut some of the usual challenges in developing and deploying new training facilities.  Working with BP Trinidad and Tobago, we have both been able to work with UTT to understand the challenges of relying on support and training from long distances and through our strong relationship we have been able to deliver an effective course for the region.”

Notes to editors

Petrotechnics’ Operational Performance & Predictive Risk solutions can enable organisations to intelligently embed, automate and manage its frontline work processes while giving them the means to measure and extract meaningful insight and operational intelligence, providing organisations with confidence that they have the ability to deliver on targets while removing uncertainty around this key area of operational risk.

Over the last 12 years, Petrotechnics has pioneered, proven and successfully helped organisations in hazardous industries increase operational efficiency and improve safety in the riskiest part of their operations. More than 40,000 people at 350 sites in 22 countries in hazardous industries currently use Petrotechnics solutions on a 24×7 basis. Petrotechnics has its headquarters in Aberdeen, UK and offices in Houston, USA, Saudi Arabia, Singapore and Russia to support its operations and global customer base.

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WISE Book Probes Education-Employment Gap

Latest WISE Book "Learning a Living: Radical Innovation in Education for Work" offers tangible solutions to rebuilding the relationship between education and the world of work.

 DOHA, Qatar, Nov. 15, 2012 /PRNewswire/ — The World Innovation Summit for Education (WISE) has launched Learning a Living: Radical Innovation in Education for Work, a 160-page book that explores ways to improve links between education and today’s rapidly changing job markets.

 The publication is based on 15 case studies and personal stories emerging from forward-thinking educational projects around the world that were identified through the WISE community, including winners of the WISE Awards which showcase and promote educational projects that have a transformative effect upon society.

The book focuses on a critical issue: the failure of education systems to equip students adequately for today’s labor market, and consequently to become productive members of their societies.  With the number of college graduates rising, unemployment rates among under-25-year-olds have reached virtually unprecedented levels around the world.  Examples from countries such as the United States, where 1.4 trillion dollars* are spent on education each year, while the youth unemployment rate rises steadily, illustrate the disconnect between education and employment, and reinforce the need to find new ways to bridge the skills gap.

Through statistics, interviews, case studies and photographs, the latest WISE Book highlights the need for innovation in preparing students for work and life in the 21st century.  Learning a Living argues that change is necessary in both education systems and the workplace, but the implications go further and readers are drawn to a suitably important conclusion: Making it easier to acquire skills is no longer enough; today’s students must also acquire entrepreneurial values in order to create the opportunities that will make a real difference for themselves and society.

The authors are a team of innovation specialists: Valerie Hannon, Sarah Gillinson and Leone Shanks. WISE also commissioned photographer Reza Deghati (known as Reza) to create vivid images that bring the case studies to life.

 For more information, as well as photographs, video and commentary from the world tour and the making of the book, please visit: www.wise-qatar.org/content/making-2012-wise-book

The book "Learning a Living: Radical Innovation in Education for Work" is published by Bloomsbury Qatar Foundation Publishing. A paperback edition and an electronic edition of the book will be available internationally (price £24.99) as of January 2013.

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Online Viewer For High Resolution Caribbean Aerial Photos Released

kingston_1_1MB

CaribPR Wire, Kingston, Jamaica, Nov. 13, 2012: West Indies Aerial Survey, an innovative provider of aerial photos and 3D models, today announced the release of an online viewer with geo-referenced aerial data of Kingston, Jamaica. This data is of the highest resolution ever captured of the area.

The Kingston data-set is part of a unique Caribbean-wide acquisition project involving the use of high resolution digital cameras and a low flying aircraft. Both the resolution and the way in which the data is made available to the user are new to the region. The online product is available to private sector and government agencies. As a useful layer in GIS systems, this high resolution imagery is aiding organizations with urban planning, agriculture, tourism, infrastructure, disaster preparedness, security, etc.

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“We are excited about the launch of our Caribbean online viewer. We feel it is natural to take advantage of the latest technology and extend our service level, allowing customers easy access to data through an internet portal. The powerful combination of different data types such as geo-oblique, orthophoto, street view and 3D in an integrated viewer allows users to select the data view that best suits their application,” said Yoeri Slagboom, CEO of West Indies Aerial Survey.

 Key features of West Indies Aerial Survey viewer include:

- Flexible subscriber model allows several users simultaneous access 24/7.

- No software required, the viewer runs in any Java enabled Internet browser.

- Can be opened directly in popular CAD and GIS programs.

- High resolution vertical and oblique aerial views.

- 3D city models using real textures.

 About West Indies Aerial Survey

West Indies Aerial Survey, a company specialized in large scale aerial imagery, is the Caribbean branch of European operator Slagboom en Peeters. Since 1961 Slagboom en Peeters, with its fleet of camera equipped aircraft, has been processing aerial imagery into stereo photographs, orthomosaics and related products. The company’s extensive experience and detailed knowledge enables the delivery of accurate, high-quality data and its success at this has allowed it to expand to new markets. West Indies Aerial Survey shares this innovative mindset of anticipating new trends and meeting customers’ demands through active product development.

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2012 WISE Prize for Education awarded to Madhav Chavan

Madhav Chavan, an innovator of low-cost mass literacy and numeracy, has been awarded the world’s major prize for education 

"Just like you need air, just like you need water, just like you need food, you need education." Dr. Madhav Chavan

DOHA, Qatar, Nov. 13,  2012 /PRNewswire/ — This year’s WISE Prize for Education has been awarded to Dr. Madhav Chavan, a former chemistry lecturer who devised a simple formula to bring education and literacy to millions at minimum cost. 

 The Laureate of the 2012 WISE Prize for Education was announced at the opening plenary session of the fourth World Innovation Summit for Education (WISE) in Doha, Qatar, before more than 1,200 innovators from over 100 countries, including figures from the worlds of social enterprise, business, government, media and education.

After completing a Ph.D. in the USA, Chavan returned to India in 1986 to teach Chemistry at the University of Mumbai. He was struck by the plight of the city’s poor, and he applied his scientific training to create a solution of beautiful simplicity.

Chavan saw that education was the main barrier to India’s development and that action was required that would bring rapid results. Leveraging the power of collaboration from the outset, he joined forces with UNICEF and the city government to ensure "every child in school and learning well".

Using his passion for social justice as a catalyst, he launched a mission to create large-scale impact at low cost. The reaction produced by combining the primary elements of government infrastructure, corporate resources and citizen volunteerism had striking results in bringing literacy to Mumbai’s slum children. Furthermore, the formula easily passed the scientific tests of scalability and replicability and spread rapidly across the country.

Today the mission has expanded to 17 of India’s 28 states and Pratham, the NGO of which Chavan is co-founder and CEO, is the largest non-governmental provider of basic literacy and numeracy for underprivileged children in India. Its programs now address pre-school education, learning support to both in-school and out-of-school children, computer literacy, vocational training and special programs for vulnerable and working children.

Independent studies have shown that children who have attended Pratham’s programs are much more likely to learn effectively in primary school than other children in their age group, and that they perform more highly than their classmates.

Chavan’s scientific method includes monitoring and evaluation. Thanks to a nationwide voluntary effort, Pratham’s Annual Status of Education Report (ASER) measures quantitative and qualitative parameters including enrolment, facilities and learning outcomes. The model has now been replicated in a number of countries in Asia and Africa.

The WISE Prize for Education was established in 2010 as the world’s premier recognition of an outstanding, world-class contribution to education by an individual or team.  The Laureate receives an award of $500,000 (US) and a specially minted gold medal.

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Pan-American Life Insurance Group Strengthens Corporate Finance Team with Five New Appointments

NEW ORLEANS, Oct. 24, 2012 /PRNewswire/ – Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, is pleased to announce the appointment of five executives to the Group’s finance team.  David Demmon has joined PALIG as Vice President, Controller and Chief Accounting Officer; Alywin Fruge has come to PALIG as Vice President of Internal Audit and Richard Mabry as Vice President, Corporate Tax.  Michael Douglas joins PALIG as Second Vice President Field Controller and Carlos Roberto Aldana as Vice President Corporate Development.

"The deep industry knowledge and expertise of these five executives further strengthens Pan-American Life’s finance team, and the Group’s commitment to financial security for our policyholders," said Carlos Mickan, Executive Vice President, and Chief Financial Officer. "At a time of significant growth for our Group, their collective, vast expertise and insights will guide strategies and reinforce oversight."

David Demmon has more than 20 years of experience in the insurance industry including multinational experience in accounting, financial and management roles, with leadership roles with Aviva North America, Kemper Investors Life Insurance and Zurich Financial Services / Farmers Group Inc.  Mr. Demmon received his B.S. in Economics from the University of Oregon and is a licensed Certified Public Accountant and Certified Internal Auditor.  

Alywin Fruge adds valuable insight with extensive experience in growth strategies and establishing core administrative, quality assurance and general audit methodologies across a variety of Internal Audit capacities. Mr Fruge earned his B.S. in Management with a focus on Accounting from Tulane University. He is a member of the Information Systems Audit and Control Association (ISACA) and the New Orleans Chapter of the Institute of Internal Auditors (IIA). 

Richard Mabry has more than 20 years of tax experience, with key roles in multiple tax planning strategies, advising on acquisition strategies and has developed and implemented comprehensive initiatives and structures for international companies. Mr. Mabry earned a B.A. in Business, Accounting and Philosophy from Wittenberg University. He received his M.B.A. in Finance from Ohio State University and an M.S. in Taxation from the University of Cincinnati. He is a licensed Certified Public Accountant and holds the professional designation of Fellow, Life Management Institute.

Michael Douglas financial services and insurance experience is centered in the areas of operational accounting and finance, strategic planning, reengineering and analysis, and product line extensions. Previously with MetLife, Mr. Douglas held various senior management positions over nearly 15 years with the company in the U.S., Central America, the Caribbean and the UK.

Carlos Roberto Aldana has nearly a decade of insurance and financial sector experience, most recently as a director/relationship manager with Merrill Lynch, Pierce, Fenner & Smith Inc. with a focus on transaction management and execution.  Mr. Aldana earned a B.S. in Industrial Engineering from the Instituto Tecnologico y de Estudios Superiores de Monterrey. He received an M.S. in Engineering from GMI Engineering and Management Institute and an M.B.A. in Analytic Finance, Economics and Accounting from the University of Chicago GSB.

About Pan-American Life

The Pan-American Life Insurance Group is a leading provider of insurance and financial services throughout the Americas. New Orleans-based Pan-American Life Insurance Company, the Group’s flagship member, has been delivering trusted financial services since 1911, employing more than 1,300 worldwide, providing top-rated life and health insurance, employee benefits and financial services in 47 states, the District of Columbia (DC), Puerto Rico, and the U.S. Virgin Islands. The Group’s member companies offer individual and/or group life and health insurance throughout Latin America and the Caribbean. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, and 15 Caribbean markets*, including Barbados, Cayman Islands, Curacao and Trinidad and Tobago. For more information, visit the Pan-American Life Web site at palig.com

* Several Pending Regulatory Approval

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Secretary Roy A. Bernardi Joins Ocean Thermal Energy Corporation’s Advisory Board

LANCASTER, Pa., Oct. 8, 2012 /PRNewswire/ – Ocean Thermal Energy Corporation (OTE Corporation) today announced the appointment of former Acting Department of Housing and Urban Development (HUD) Secretary Roy Bernardi to its advisory board. "Our Company is indeed fortunate to have someone of Secretary Bernardi’s stature and talent as a member of our team," said Jeremy P. Feakins, Chairman of the Board and Chief Executive Officer at OTE Corporation. "Roy Bernardi’s life-long commitment to public service and community progress is a perfect match for OTE Corporation’s goals of bringing clean energy, fresh drinking water, and economic development to millions of people around the world."

Secretary Bernardi was nominated by President George W. Bush as Deputy Secretary of HUD and was confirmed by the U.S. Senate on November 21, 2004. During his tenure, he was charged with managing HUD’s day-to-day operations, a $38 billion annual budget, and the agency’s 8,500 employees. In 2008, Secretary Bernardi was appointed as Acting HUD Secretary under President Bush. As Deputy Secretary, he led the Department’s efforts to improve the standing of HUD with the Government Accountability Office (GAO). Under Secretary Bernardi’s management, two HUD programs were removed from the GAO high-risk watch list, marking the first time since 1994 that no HUD programs had been on the list. His leadership also enabled HUD to eliminate more than $2 billion in fraudulent payments in the Department’s rental assistance housing program.

Secretary Bernardi also served in President Bush’s Administration from 2001-2004 after his appointment by the President and confirmation by the U.S. Senate as Assistant Secretary of Community Planning and Development (CPD). His vision and decisive leadership at CPD was instrumental in developing thriving communities by promoting integrated solutions to the challenges facing the nation’s cities, urban counties and rural regions. Secretary Bernardi’s understanding of the need for such integrated community solutions fuels his enthusiasm for Ocean Thermal Energy Conversion (OTEC) and its ancillary products as enormous tools for bringing clean energy, fresh water, sustainable food production, and economic development to many tropical communities across the globe. "I am tremendously excited to be advising and supporting Ocean Thermal Energy Corporation and its core mission to bring OTEC’s benefits to the world," said the Secretary. "This is truly a game-changing technology whose time has now come."

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The WISE Awards Honor World’s Best Initiatives in Innovative Education

Six projects from around the world are awarded for their transformative impact on education and society

DOHA, Qatar, Sept. 25, 2012 /PRNewswire/ — The World Innovation Summit for Education (WISE) announces six groundbreaking projects from around the world as Winners of the 2012 WISE Awards under the theme "Transforming Education".

Now in their fourth year, the WISE Awards identify, showcase and promote innovative educational projects from all sectors and regions of the world in order to inspire change in education.  Winning projects, which are selected for their concrete, positive impact upon society, receive global visibility and a prize of $20,000 (U.S.).  

Hailing from Bangladesh, Cambodia, Chile, Denmark, India and the United States of America, the winning initiatives have been selected for their tangible, positive impact upon society and their innovative approach to solving important global problems.

The diverse projects offer unique solutions to today’s most important challenges, from poverty to climate change. Solutions include unconventional business models to assist low-income families with affordable education, as well as original ways of bringing high-quality education to remote and destitute parts of the world.

This year one of the WISE Awards is for a project that, in addition to "Transforming Education", has best provided innovative financing of primary education. The winning project comes from Bangladesh, where solar-powered floating schools ensure year-round primary education to students in flood-prone areas, even during the height of the monsoon period.  

This emphasis on primary education reflects the support of Qatar Foundation Chairperson Her Highness Sheikha Moza bint Nasser for United Nations Millennium Development Goal (MDG) 2 on achieving universal primary education. The WISE focus in 2012 on an innovative financing project is designed to stimulate efforts worldwide to reach MDG 2.

Finalists and Winners of the WISE Awards will participate in the annual WISE Summit taking place November 13 – 15 at the Qatar National Convention Centre in Doha, Qatar, under the theme "Collaborating for Change".

List of the 2012 WISE Awards Winning Education Initiatives:

  • Cristo Rey Network Corporate Work Study Program, United States of America
  • PSU Educarchile, Chile
  • RoboBraille, Denmark
  • Satya Bharti School Program, India
  • Solar-Powered Floating Schools, Bangladesh (WISE Awards Winner for innovative financing of primary education)
  • Transforming Steung Meanchey Through Education, Cambodia

 WISE 2012 will take place in Doha 13-15 November 2012. http://www.wise-qatar.org

To find out more about the WISE Awards, please visit: http://www.wise-qatar.org/awards

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PanAfrican Entrepreneurs Conference Announces Launch

The New Economic Frontier – Global Markets

WASHINGTON, Sept. 13, 2012 /PRNewswire-USNewswire/ – The PanAfrican Entrepreneurs Conference (PAEC) president, Kay DeBow, has announced the launch of a new nonprofit global business organization.  The first conference convenes in Houston, Texas, during November 15-18, 2012. 

PAEC’s mission is to create an arena for entrepreneurs and business people within the Black Diaspora to come meet and further business connections.  Also, to suggest policy improvement and issue awareness that will benefit the status of black entrepreneurs internationally. This conference is for entrepreneurs who are doing business or who desire to do business globally. 

DeBow, who has served as the Executive Vice President of the National Black Chamber of Commerce since 1993 states, "This conference is the optimum time to make global connections.  It is past time to think about doing business outside the United States. The Diaspora is exploding and we need to reconnect and participate now!"

The conference will focus on agribusiness, technology, infrastructure and energy.  Water sustainability and logistics, capital access and health care are on the agenda.  The glamour industries of entertainment, fashion and beauty will also be addressed. There will also be ample time to network and have face-to-face meetings.

The speakers will include corporations that are doing business globally. Notably, Robert Agbede, chairman, president and CEO of Chester Engineers will present on doing business in Africa, Asia and the US. Chester Engineers is the global leader in building urban infrastructures and economies.  Included in their portfolio is the experience to provide water and wastewater engineering solutions to public and industrial clients. Chester Engineers is headquartered in Pittsburgh, PA.

Additionally, we are honored that Prosper Adabla, president and CEO of New Capital Holdings, LTD has agreed to be a presenter. He is an industrialist, a financial consultant and businessman. He worked on Wall Street for 15 years and currently serves as Vice President for the Ghana Chamber of Commerce and Industry in Accra. Mr. Adabla will present on innovative financing in the global market.

This event is open to the public and Early Bird registration is available until the end of September at www.panafricanec.org. The PanAfrican Entrepreneurs Conference will be held at the luxurious Four Seasons Houston.  Hotel reservations can be made at www.panafricanec.org or by calling 800 734-4114. See you in Houston!

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Walden University Awards Scholarships to Five Haitian Students

Full-tuition certificate program opportunities reflect university’s mission of positive social change

MINNEAPOLIS, Sept. 5, 2012 /PRNewswire/ — After the 2010 earthquake devastated Haiti, Walden University made a commitment to put its mission of social change into action by providing educational opportunities to Haitians who could then use their knowledge to help others and make an impact in their communities. To achieve this goal, Walden partnered with the Organization of American States (OAS) to identify Haitians residing on the island who would be eligible to receive five full-tuition scholarships for certificate programs in the School of Public Policy and Administration. 

(Logo: http://photos.prnewswire.com/prnh/20110920/MM71012-b)

"Helping students and graduates lead positive social change has been a part of our university’s mission for more than 40 years. These five remarkable Haitians are committed to improving the future of their country, and we are proud to play a role in helping them achieve their goals," said Dr. Cynthia G. Baum, president of Walden University.

The Walden OAS Haiti Scholarship program is administered in part through the Organization of American States Department of Human Development, Education and Culture (OAS-DHDEC), which has worked tirelessly since the earthquake to provide Haitians with opportunities to redevelop and enhance the nation through its people. OAS also is providing a dedicated space at the Port-au-Prince Education Center with computers and Internet service for the scholarship winners to study and pursue their online programs.

"I believe this opportunity will strengthen my professional development as well as help me better understand leadership management. It will also provide me with the knowledge and skills to become a change agent in my community and build a nonprofit organization with a mission to help the most vulnerable," said Patricia Dufane, a project manager for Catholic Relief Services-Haiti from Port-au-Prince and recipient of a Graduate Certificate in Nonprofit Management scholarship.

In addition to Dufane, four students were awarded Graduate Certificate in Public Management and Leadership scholarships:
• Jeannot Chataigne, tour and visit administrator for Compassion International in Haiti from Port-au-Prince
• Charles Myrlande Gaspard, agronomist and part-time radio operator for UNOPS from Les Cayes
• Marie Laura Jean, finance assistant for the World Food Programme from Les Cayes
• Raphney Rendel, logistic officer for ActionAid Haiti from Port-au-Prince
"It is a great privilege for me to receive this scholarship. I plan to share my skills with the people in my community in order to improve their way of thinking and act as agents of social change," said Jean.

Since its founding in 1970, Walden has attracted a community of lifelong learners who share a common desire to make a difference. Walden students, alumni and faculty and staff members bring Walden’s mission to life through research, conferences and service projects focused on effecting positive social change. To learn more about Walden’s ongoing commitment to social change, including the recent release of the Social Change Impact Report, visit www.WaldenU.edu/socialchange.   

About Walden University
For more than 40 years, Walden University has supported working professionals in achieving their academic goals and making a greater impact in their professions and their communities. Today, more than 48,500 students from all 50 states and more than 140 countries are pursuing their bachelor’s, master’s or doctoral degrees online at Walden. The university provides students with an engaging educational experience that connects them with expert faculty and peers around the world. Walden is the flagship online university in the Laureate International Universities network—a global network of more than 60 campus-based and online universities in 29 countries.

Walden offers more than 65 degree programs with more than 330 specializations and concentrations. Areas of study include health sciences, counseling, human services, management, psychology, education, public health, nursing, public administration and information technology. For more information, visit www.WaldenU.edu. Walden University is accredited by The Higher Learning Commission and a member of the North Central Association, www.ncahlc.org.

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