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TransDigm Completes Acquisition of Semco Instruments Inc.
CLEVELAND, Sept. 3 /PRNewswire-FirstCall/ -- TransDigm Group Incorporated , a leading global designer, producer and supplier of highly engineered aircraft components, today announced that it has completed the acquisition of Semco Instruments Inc. (Semco) for approximately $74 million in cash that was previously announced on August 6, 2010.
Semco, which is based in Valencia, CA, manufactures proprietary, highly engineered components for all major turbo-prop, turbo-fan, and turbo-shaft engines manufactured by Pratt Whitney, Honeywell, and General Electric, among others. Semco products are primarily used on helicopters, business jets and selected regional airplanes. Semco had annual revenues for calendar year 2009 of approximately $38 million, with significant aftermarket content.
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/ electromechanical actuators and controls, ignition systems and components, gear pumps, specialized valves, engineered connectors, power conditioning devices, specialized fluorescent lighting, specialized AC/DC electric motors, aircraft audio systems, engineered latches and cockpit security devices, lavatory hardware and components, hold open rods and locking devices, specialized cockpit displays, elastomers, NiCad batteries/chargers, and starter generators and related components.
Contact:
Jonathan D. Crandall
Investor Relations
(216) 706-2945
ir@transdigm.com
TransDigm Group Incorporated
CONTACT: Jonathan D. Crandall, Investor Relations, +1-216-706-2945,
ir@transdigm.com
Web site: http://www.transdigm.com/
AT&T Accelerates Timetable for Expanding Service in MichiganAlltel and Verizon Wireless Customers Joining AT&T to Receive Free Mobile Devices on the Nation's Fastest Mobile Broadband Network
MUSKEGON, Mich., Sept. 3 /PRNewswire/ -- AT&T* said today that the timetable for expanding AT&T service in Michigan has been accelerated and that it expects to complete network upgrades on wireless assets acquired from Verizon Wireless in June 2010 by the end of 2010 or the beginning of 2011. That is significantly sooner than the earlier estimate for enhancing AT&T's coverage in Michigan by mid-2011. Once network integration work is completed, AT&T will launch service for Alltel customers in Muskegon and Verizon Wireless customers in Michigan Rural Service Areas (RSA) 5 and 7.(1)
Every residential Alltel customer in Muskegon and Verizon Wireless customer in RSAs 5 and 7 joining AT&T as a result of the transaction will receive an offer for a brand new AT&T handset at no additional cost.(2) Customers will be able to choose their free device from a list of the latest AT&T 3G handsets that are comparable to what they have today.(3) Additionally, the vast majority of customers choosing free comparable devices will be able to keep their existing rate plans, and none of these customers will be required to assume an additional contract term.
Customers will also have the opportunity to upgrade to a new device, like iPhone 4(R), for an additional fee and with a new two-year contract, with current AT&T rates and associated data plan.
"AT&T has been working tirelessly to upgrade the Alltel and Verizon Wireless networks to the nation's fastest mobile broadband network, and we expect that coverage in these areas will be as good as -- if not better than -- it is today, with the ability to talk and surf the Internet at the same time," said Brian Jones, director of sales, AT&T Michigan. "Our preparations will ensure that we deliver a superior customer experience when we launch service, and we look forward to expanding our presence in Michigan.
"AT&T customers have access to the nation's fastest mobile broadband network. And not only does AT&T's network cover 97 percent of all Americans, AT&T also has the best international coverage of any U.S. wireless provider. That means our customers have voice service in more than 220 countries and data service in 200 countries."
AT&T representatives will communicate to new customers on a regular basis about any changes they can expect moving forward. For example, in the coming weeks, AT&T will send customers a letter describing the steps for choosing new devices. New devices will be mailed directly to AT&T customers' billing addresses approximately one to three weeks before service is launched in these areas.
AT&T is an industry leader in delivering the benefits of mobile broadband networks, devices and applications. With the nation's fastest mobile broadband network, AT&T provides accelerated mobile data speeds and simultaneous voice and data capabilities for an amazing wireless voice and data experience.
For updates on the AT&T wireless network, please visit www.att.com/networknews.
(1) Michigan RSA 5 includes Benzie, Lake, Leelanau, Manistee, Mason, Missaukee, Osceola and Wexford Counties. Michigan RSA 7 includes Gratiot, Isabella, Mecosta, Montcalm and Newaygo Counties.
(2) Applies only to postpaid customers with a contract.
(3) Customers with laptop cards and netbooks may not have a choice of devices, but they will receive a comparable new device at no additional charge.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(R) and AT&T |DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE(R) magazine.
Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATTNews. Find us on Facebook at www.Facebook.com/ATT to discover more about our consumer and wireless services or at www.Facebook.com/ATTSmallBiz to discover more about our small business services.
(C) 2010 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.
AT&T Inc.
CONTACT: Amy Grundman of AT&T Corporate Communications, +1-313-310-8909,
agrundma@attnews.us
Web site: http://www.att.com/
TI delivers industry's first 2.4-GHz system-on-chip fully optimized for ZigBee(R) RF4CE remote controlsBest-in-class hardware, tools and free software support ZigBee RF4CE-based home entertainment devices
DALLAS, Sept. 3 /PRNewswire/ -- Texas Instruments Incorporated (TI) today introduced the first fully optimized IEEE 802.15.4 system-on-chip for remote control applications. The CC2533 enables single-chip remote controls to be built with lower power, higher reliability and lower bill-of-materials (BOM) cost than alternative devices, and it provides an out-of-the-box solution for home entertainment devices (TVs, set top boxes, Blu-Ray players and home theaters). TI also offers the free RemoTI(TM) protocol stack with reference designs and sample applications to implement remote controls and target controllers for fast time to market. The CC2533 is the industry's first device designed specifically for the ZigBee RF4CE chip market, building upon the successful CC2530 system-on-chip released in May 2009. To order development kits and samples, see www.ti.com/cc2533-pr.
"Texas Instruments has played a critical role in the development of the ZigBee RF4CE standard and TI's portfolio of low-power RF hardware and software will drive even stronger penetration of RF4CE in next-generation consumer electronics," said Bas Driesen, chairman of the RF4CE Steering Committee. "As consumers continue to demand new capabilities and innovation, ZigBee RF4CE delivers the enabling technology to give users a unique and improved living room experience."
ZigBee RF4CE, first announced in March 2009, is a standardized specification for radio-frequency communications that enables faster, more reliable and greater flexibility for devices to operate from larger distances. It removes the line-of-sight and field-of-vision barriers in today's IR (infrared) remotes. With its two-way communication, ZigBee RF4CE opens the door to a whole new set of capabilities and consumer experiences.
CC2533: Key features and benefits
-- On-chip memory: Offers options of 64-KB and 96-KB in-system programmable
Flash optimized for ZigBee RF4CE applications; provides pin-compatible
upgrade path to CC2531 with 256 KB of Flash and USB interface.
-- Low power: Four flexible power modes offer lowest current consumption,
including a 1-uA sleep mode, allowing up to 10 times longer battery life
compared to IR-based remote controls.
-- Best performance: Device integrates a best-in-class transceiver with a
typical receiver sensitivity of -97 dBm and output power of 7 dBm.
-- Rich peripheral set: 5-channel DMA, 23 GPIOs, 2 USARTs, SPI, I2C and 4
timers allows for additional system integration with user interface,
reducing overall system BOM.
-- Free stack: TI offers a free, downloadable software stack, RemoTI
network protocol, reference designs and tools to ensure customers have
everything needed for system development.
Pricing and availability
The CC2533 is in production and available now in a QFN-40 package. Pricing starts at $1.99 in quantities of 10,000 units.
Reference designs and development kits
Start your development today with a reference design or comprehensive evaluation kit that provides all the hardware and software necessary to evaluate the CC2533:
-- CC2533 reference design (CC2533EM-REFDES).
-- RemoTI target module reference design (REMOTI-REFDES).
-- Basic RF4CE development kit (CC2533DK-RF4CE-BA).
-- Basic CC2533 development kit (CC2533DK).
-- Evaluation module kit (CC2533-EMK).
Find out more about TI's low-power RF portfolio at the links below:
-- Order CC2533 development kits and samples: www.ti.com/cc2533-pr.
-- TI E2E(TM) Low-Power RF community: www.ti.com/lprf-forum.
-- Low-power RF portfolio and selection guide: www.ti.com/lprf-pr.
ZigBee RF4CE: More flexibility and control
The ZigBee RF4CE specification operates in the 2.4GHz unlicensed frequency band and enables worldwide operation, low power consumption and rapid response time. It allows omni-directional and reliable two-way wireless communication, channel agility for enhanced co-existence with other 2.4GHz wireless technologies, simple secure set-up and configuration. For more details, visit www.zigbee.org/rf4ce.
About Texas Instruments
Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 30 countries. For more information, go to www.ti.com.
Trademarks
RemoTI and TI E2E are trademarks of Texas Instruments. ZigBee is a registered trademark of the ZigBee Alliance. All other trademarks belong to their respective owners.
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Texas Instruments Incorporated
CONTACT: Brett Schroer of Texas Instruments, +1-520-750-2072,
schroer_brett@ti.com; or Laura Babbili of GolinHarris, +1-972-341-2505,
lbabbili@golinharris.com, for Texas Instruments
Web site: http://www.ti.com/
More Wireless Data and Call Capacity Activated for Santa Paula, CaliforniaVerizon Wireless adds capacity to cell sites to stay ahead of demand for calls, email, text and web surfing
IRVINE, Calif., Sept. 3 /PRNewswire/ -- Even more Ventura County residents, businesses and visitors can now enjoy high-speed wireless data and voice connections along California State Route 126 between Santa Paula and Filmore thanks to recent Verizon Wireless network upgrades. Hundreds of upgrades since December 2009 have increased the company's 3G data and voice capacity by nearly twenty-five percent in Southern California. The increased capacity means more users are empowered to surf the web, download applications and content, and exchange email and other messages.
"People expect their cell phones and wireless devices to work whenever and wherever they need them," said Bill D'Agostino, executive director of network for Verizon Wireless in Southern California. "That's why we continue to invest in our network. By meeting the growing demand for data services on our network, we empower each of our customers to Rule the Air in their own unique, individual way."
To learn more about how Verizon Wireless empowers its customers to Rule the Air, visit: http://tinyurl.com/2arpjjs
Businesses can tap into the power of Mobile Broadband
Mobile Broadband allows users to connect to the Internet wirelessly to download applications, business documents and music, as well as accessing e-mail and corporate data while on the go. Small business owners interested in Mobile Broadband can visit http://tinyurl.com/392334g where they can:
-- Watch videos about how mobile technologies can improve business results
-- Check out case studies and articles on business strategies to become
more productive
-- Learn about the latest promotions and discounts for small businesses
-- Read white papers about wireless security and connectivity options for
business
4G LTE services
Verizon Wireless will launch its 4G Long Term Evolution (LTE) wireless network in the fourth quarter of 2010. The company's aggressive network build includes plans to launch in 25 to 30 markets, covering approximately 100 million people. The company will cover virtually all its current nationwide 3G footprint with the 4G network by the end of 2013.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving more than 92 million customers. Headquartered in Basking Ridge, N.J., with 79,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone . For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Ken Muche of Verizon Wireless, +1-949-286-8193,
Ken.Muche@VerizonWireless.Com
Web site: http://www.verizonwireless.com/
Mobile Security Problems Will Drive Demand for Authentication ProductsMobile security threats are spurring the use of mobile authentication solutions to protect customer data, says Heavy Reading Mobile Networks Insider
NEW YORK, Sept. 3 /PRNewswire/ -- As mobile phones become basic tools of commerce, the threat of significant theft through hacking and other illegal activities is rising, causing enterprises and network operators to scramble to find ways to protect their customers' data through mobile authentication solutions, according to the latest report from Heavy Reading Mobile Networks Insider (www.heavyreading.com/mobile-networks).
Mobile Security: The Coming Boom in Authentication examines the issues and challenges now surrounding mobile security, focusing on security authentication as a means to safeguard mobile applications. The report identifies the key industry verticals most affected by mobile security issues, and provides in-depth analysis of the technology solutions available from eight leading suppliers of mobile authentication products, including information on deployment costs.
For a list of companies included in Mobile Security: The Coming Boom in Authentication, http://img.lightreading.com/uni/pdf/mni0910_companies.pdf
"There is no question that mobile security will eventually equal - if not surpass - PC security as a threat to IT departments," notes Denise Culver, research analyst with Heavy Reading Mobile Networks Insider and author of the report. "But the reality is that enterprises and organizations should already be making moves to integrate mobile authentication as a regular business practice, as firewalls and virus scanners are utilized in the PC world today."
There are several key issues that need to be addressed today for mobile platforms to be secure, says Culver. "First is the need for implementation of standards across the industry, which is a significant challenge given the number of ways authentication can be accomplished," she explains. "There also must be standardization of deployment across the myriad of devices that already exist and that will continue to be introduced into the market."
Key findings of Mobile Security: The Coming Boom in Authentication include:
-- Enterprises are turning to mobile authentication to extend existing
services or offer new services to large-user-volume markets, while
protecting against fraud.
-- The strongest vertical for mobile authentication is the financial
industry, especially mobile banking.
-- Online betting and auction sites will turn to mobile authentication as
the cost of fraud becomes prohibitive.
-- Enterprises must be better educated about the benefits of applying
mobile authentication throughout their entire ecosystem.
-- Mobile authentication has both hard and soft cost benefits, such as
eliminating inventory management and reducing help desk costs.
Mobile Security: The Coming Boom in Authentication is available as part of an annual single-user subscription (six issues) to Heavy Reading Mobile Networks Insider, priced at $1,595. Individual reports are available for $900 (single-user license).
To subscribe, or for more information, please visit: www.heavyreading.com/mobile-networks. For more information on all of Heavy Reading's Insider services, please visit www.heavyreading.com/research.
To request a free executive summary of the report, or for details on
multi-user licensing options, please contact:
Jeff Claudino
Director of Sales
Insider Research Services
619-229-9940
claudino@lightreading.com
Press/analyst contact:
Dennis Mendyk
Managing Director
Insider Research Services
201-587-2154
mendyk@heavyreading.com
About Heavy Reading
Heavy Reading is an independent market research organization offering quantitative analysis of telecom technology to service providers, vendors, and investors. Its mandate is to provide the comprehensive competitive analysis needed today for the deployment of profitable networks based on next-generation hardware and software.
About UBM TechWeb
UBM TechWeb, the global leader in technology media and professional information, enables people and organizations to harness the transformative power of technology. Through its three core businesses - media solutions, marketing services and paid content - UBM TechWeb produces the most respected and consumed brands and media applications in the technology market. More than 14.5 million business and technology professionals (CIOs and IT managers, Web & Digital professionals, Software Developers, Government decision makers, and Telecom providers) actively engage in UBM TechWeb's communities and information resources monthly. UBM TechWeb brands includes: global face-to-face events such as Interop, Web 2.0, Black Hat and Enterprise Connect; award-winning online resources such as InformationWeek, Light Reading, and Network Computing; and market-leading magazines InformationWeek, Wall Street & Technology, and Advanced Trading. UBM TechWeb is a UBM company, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com.
Heavy Reading
CONTACT: Dennis Mendyk, Managing Director, Insider Research Services,
+1-201-587-2154, mendyk@heavyreading.com
Web site: http://www.heavyreading.com/
Verizon Wireless Expands 3G Network Coverage in Madison County- Improves coverage and capacity in Earlville and Munnsville- Provides access to 3G wireless broadband service- Meet one of Upstate New York's local Test Men, Jack Brandes
SYRACUSE, N.Y., Sept. 3 /PRNewswire/ -- Verizon Wireless is investing in Madison County and expanding its local coverage with new cell sites in Earlville and Munnsville. The new site in Earlville improves coverage and capacity along portions of Route 12B between Sherburne and Hamilton, including the village of Earlville. The new site in Munnsville improves coverage and capacity along portions of Route 46 between Munnsville and Oneida, including the towns of Munnsville, Stockbridge, and Valley Mills.
This network expansion is part of the company's aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. The company has invested more than $60 billion nationwide since it was formed - $5.7 billion on average every year - and invested more than $100 million in Upstate New York in 2009.
"We've always believed even the most advanced device is only as good as the network it runs on. We continue to aggressively invest in our Upstate New York network to increase coverage and capacity for our customers, add new services, and maintain our 3G network leadership," said Gene Fassett, executive director of Network for Verizon Wireless' Upstate New York Region.
Verizon Wireless recently earned recognition from J.D. Power and Associates for "Highest Call Quality Performance among Wireless Cell Phone Users in the Northeast."
Services include wireless data services such as picture messaging, text messaging, V CAST and V CAST Music with Rhapsody, and MobileBroadband, the company's high-speed wireless broadband network geared toward mobile professionals and business customers. It provides average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second, and average upload speeds of 500-800 kbps.
Strong demand for Verizon Wireless' services continued during the second quarter of 2010 as the company added 1.4 million net new customers.
The company's "nation's most reliable wireless network" reputation is based on network studies performed by real-life test men and women throughout the country. These engineers drive nearly 100 specially equipped vehicles more than 1 million miles annually on Interstate, U.S. and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 3 million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers. Check out our new video of Western New York Test Man, Jack Brandes.
For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to www.verizonwireless.com.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving more than 92 million customers. Headquartered in Basking Ridge, N.J., with 79,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone . For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: John O'Malley, +1-585-321-7264 or +1-585-261-5899,
john.omalley@verizonwireless.com, http://twitter.com/johnnyverizon; or
Meredith Dropkin, +1-315-413-4293, mdropkin@mower.com
Web site: http://www.verizonwireless.com/
Verizon Wireless Expands 3G Network Coverage in Hamilton County- Improves coverage and capacity in Indian Lake- Provides access to 3G wireless broadband service- Meet one of Upstate New York's local Test Men, Jack Brandes
PLATTSBURGH, N.Y., Sept. 3 /PRNewswire/ -- Verizon Wireless is investing in Hamilton County and expanding its local coverage with a new cell site in Indian Lake. The new site improves coverage and capacity along Route 28, Route 30 and Hedges Road in the Adirondack Park Preserve.
This network expansion is part of the company's aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. The company has invested more than $60 billion nationwide since it was formed -- $5.7 billion on average every year -- and invested more than $100 million in Upstate New York in 2009.
"We've always believed even the most advanced device is only as good as the network it runs on. We continue to aggressively invest in our Upstate New York network to increase coverage and capacity for our customers, add new services, and maintain our 3G network leadership," said Gene Fassett, executive director of Network for Verizon Wireless' Upstate New York Region.
Verizon Wireless recently earned recognition from J.D. Power and Associates for "Highest Call Quality Performance among Wireless Cell Phone Users in the Northeast."
Services include wireless data services such as picture messaging, text messaging, V CAST and V CAST Music with Rhapsody, and MobileBroadband, the company's high-speed wireless broadband network geared toward mobile professionals and business customers. It provides average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second, and average upload speeds of 500-800 kbps.
Strong demand for Verizon Wireless' services continued during the second quarter of 2010 as the company added 1.4 million net new customers.
The company's "nation's most reliable wireless network" reputation is based on network studies performed by real-life test men and women throughout the country. These engineers drive nearly 100 specially equipped vehicles more than 1 million miles annually on Interstate, U.S. and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 3 million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers. Check out our new video of Western New York Test Man, Jack Brandes.
For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to www.verizonwireless.com.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving more than 92 million customers. Headquartered in Basking Ridge, N.J., with 79,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone . For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: John O'Malley, +1-585-321-7264, or +1-585-261-5899,
john.omalley@verizonwireless.com, http://twitter.com/johnnyverizon; or
Meredith Dropkin, +1-315-413-4293, mdropkin@mower.com
Web site: http://www.verizonwireless.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
AT&T and Univision Interactive Media Partner to Deliver Soccer at the Highest Level With Live Streaming of Mexico's National Team Friendly GamesSoccer Fever Continues this Fall With Exciting FMF International Friendlies; AT&T Customers Can Follow All the 'El Tri' Action on their Mobile Phones
DALLAS, Sept. 3 /PRNewswire/ -- AT&T* announced today that the three upcoming Mexican National Soccer Team international friendly games will be available for streaming live, for futbol fans to continue to live soccer at the highest level. AT&T is teaming up with Univision Interactive Media to stream these highly anticipated Mexico friendlies so that fans on the go can catch the games live. The streams will be available to AT&T customers who subscribe to AT&T Mobile TV or MobiTV services**.
Customers will be able to watch all the Mexican National Team soccer action live on their AT&T wireless phones by texting "TRI" to 3421 to sign up***. The first game, Mexico vs Ecuador, will be streamed live starting at 9:00 p.m. ET on Saturday, September 4, 2010 (6:00 p.m. PT). Additional games will continue throughout the month against high-caliber international teams. Ten additional Mexican National Team games anticipated for 2011 will also be streamed live and available to AT&T customers.
"Following 'El Tri' is very important to our Hispanic customers," said Natalia Vargas, advertising manager, AT&T Hispanic Marketing. "We at AT&T strive to provide services that fit their lifestyle, and we also share their love of soccer."
As part of its five-year relationship with the Mexican Soccer Federation (FMF) and its national team, AT&T is committed to bringing fans the best in soccer. In addition to streaming the games live, AT&T will offer everything else a true fan needs--Mobile Video game highlights and goals; SMS alerts, scores, news and match schedules; and unique soccer content on UnivisionFutbol.com. After the games, customers can have quick access to Mexican National Team video highlights and replays, by clicking on the "Mobile Video" icon in the main menu of their phone and searching for "El Tri" in the Latino category.
FMF Game Schedule:
------------------
Game Date and Time (ET)
---- ------------------
Mexico vs. Ecuador Sept. 4, 9:00 p.m. ET
------------------ ---------------------
Mexico vs Colombia Sept. 7, 9:30 p.m. ET
------------------ ---------------------
-Game times and dates are subject to change.
"We are excited to offer live coverage of world-class Mexican soccer to fans with AT&T," said Kevin Conroy, president, Univision Interactive Media. "This is yet another example of how we continue to offer our audience comprehensive coverage of worldwide soccer tournaments throughout the year, no matter what device they connect from."
AT&T has a long tradition of bringing the most relevant Latino content to Hispanic consumers, including soccer, boxing, games and programming. Earlier this summer, AT&T treated fans to a Hollywood-styled advertisement campaign featuring some of Mexico's most popular national team players including Israel Castro, Efrain Juarez, Jonny Magallon and Carlos Vela. The awe-inspiring ads were created to showcase the country's rich cultural and soccer traditions, and mixed the modern elements of soccer with iconic Mexican artists and powerful pre-Columbian history.
In June and July, AT&T rolled out a star-powered soccer clinic program in 8 U.S. cities, which featured former Mexican players Claudio Suarez, Edgar Duenas and Martin Zuniga. During these clinics children learned training and dexterity tips from the pros, and shared unique moments with the players at pre-clinic autograph sessions.
Most recently, as the title sponsor of the MLS All Star Game 2010, AT&T treated fans in Houston to a one-of-a-kind futbol celebration featuring Mexican forward Javier "Chicharito" Hernandez. Hernandez signed autographs and talked to hundreds of fans during the 2-hour store event.
For additional information visit espanol.att.com, find us on Facebook at AT&T Latino, or a local AT&T retail location. Information about the upcoming games and streaming is available at http://futbol.univision.com/mexico/seleccion-nacional/movil.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
** Mobile Video requires a 3G device and data plan.
***Text message and data rates apply. Compatible device and subscription required. Data plan may be required.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(R) and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE(R) magazine.
Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATTNews. Find us on Facebook at www.Facebook.com/ATT to discover more about our consumer and wireless services or at www.Facebook.com/ATTSmallBiz to discover more about our small business services.
(C) 2010 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.
About Univision Interactive Media, Inc.
Univision Interactive Media, Inc. is the digital division of Univision Communications Inc., the premier Spanish-language media company in the United States. Univision Interactive Media, Inc. includes Univision.com (www.univision.com), the premier Spanish-language Internet destination in the U.S., and Univision Movil, the industry's most comprehensive Spanish-language suite of mobile offerings. Univision Communications Inc. also owns and operates Univision Network, the most-watched Spanish-language broadcast television network in the U.S. reaching 95% of U.S. Hispanic Households; TeleFutura Network, a general-interest Spanish-language broadcast television network, which was launched in 2002 and now reaches 85% of U.S. Hispanic Households; Galavision, the country's leading Spanish-language cable network; Univision Television Group, which owns and operates 62 television stations in major U.S. Hispanic markets and Puerto Rico; and Univision Radio, the leading Spanish-language radio group which owns and/or operates 68 radio stations in 16 of the top 25 U.S. Hispanic markets and 5 stations in Puerto Rico. Univision Communications also has a 50% interest in TuTv, a joint venture formed to broadcast Televisa's pay television channels in the U.S. Univision Communications has television network operations in Miami and television and radio stations and sales offices in major cities throughout the United States. For more information, please visit www.univision.net.
AT&T Inc.
CONTACT: Raymundo Fohr of AT&T, Office, +1-713-513-9503, rfohr@attnews.us
Web site: http://www.att.com/
Experian Launches ProtectMyID
LONDON, September 3, 2010 /PRNewswire/ -- Experian has announced the launch of a new service specifically aimed at protecting consumers against the growing threat of ID fraud: ProtectMyID.
ProtectMyID offers a comprehensive online service to allow consumers to keep track of where their personal information is being used to secure credit. The launch of the service follows research by Experian that shows identity fraud (http://www.protectmyid.co.uk/) is on the increase and is more widespread than ever. Experian revealed that the number of identity fraud victims who sought help from the company last year leapt by nearly 20% compared to the year before.
ProtectMyID provides credit report monitoring with text or email alerts if any credit is applied for in the user's name. Details of the activity and advice on what to do is then posted to the user's personal and secure online account. As part of the service users also have access to a dedicated Experian caseworker who can offer individual advice to help resolve the suspected ID theft (http://www.protectmyid.co.uk/whatyouget.aspx) or other fraudulent activity. Other benefits of the service include free fraud insurance to cover the cost of resolution up to GBP75,000 (provided by ARC, underwritten by AXA) and the option for CIFAS Protective Registration.
The Experian research revealed that in 2009, people were taking longer to discover that they have become a victim of fraud, indicating that fraudsters are getting better at covering their tracks; the average time taken is now 416 days, up 17 days compared to 2008. Year on year, reported fraud rose most sharply in early summer, rising by 57% in May and by 74% in June - the highest number ever reported to Experian in any single month. The average financial loss per victim was GBP1,100 in 2009 and the most extreme loss reported to Experian was for almost GBP59,000.
Commenting on the launch of the new product Peter Turner, MD of Experian Interactive, said "Identity fraud is one of the fastest growing crimes in the UK and our research shows that organised criminal fraudsters are not solely focusing on the wealthy but are now turning their attention to the wider population.
"There are increasingly higher volumes of less easily detectable crimes being committed against the more vulnerable groups, including the retired and young, low-income families. ProtectMyID is a service aimed to provide that safety net of protection so customers can rest assured that we are keeping an eye on their personal details, even when they can't."
Whilst credit card fraud is the most obvious aspect of identity fraud, it is important consumers consider the problems that may be in store in the future. Without resolving fraudulent activity quickly, victims of identity fraud could find themselves with problems such as difficulty obtaining a mortgage or a job - both of which potentially have implications on an individual's reputation and finances.
About ProtectMyID.co.uk
ProtectMyID is provided by Experian Ltd. Experian Ltd, Landmark House, Experian Way, NG2 Business Park, Nottingham, NG80 1ZZ, United Kingdom. Registered No. England 653331.
About Experian:
Experian is the leading global information services company, providing data and analytical tools to clients in more than 90 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft by providing identity protection ( http://www.protectmyid.co.uk/howidentityprotectionworks.aspx), advice on ID fraud risks (http://www.protectmyid.co.uk/areyouatrisk.aspx) and identity fraud facts (http://www.protectmyid.co.uk/identityfraudfacts.aspx).
PR Contact:
Lucy Davies
Experian
Cardinal Place
6th Floor
80 Victoria Street
London
SW1E 5JL
+44(0)20-304-24870
http://www.protectmyid.co.uk
Experian
CONTACT: PR Contact: Lucy Davies, Experian, Cardinal Place, 6th Floor, 80
Victoria Street, London, SW1E 5JL, +44(0)20-304-24870
Paragon Technologies, Inc. Engages Investment Banking Firm Curtis Securities, LLC
EASTON, Pa., Sept. 3 /PRNewswire/ -- Paragon Technologies, Inc. , a leading supplier of "smart" material handling systems and "software-driven" warehouse and distribution center solutions, today announced that it has retained Curtis Securities, LLC to provide investment banking services for the Company.
The Company's Board of Directors made the decision to engage Curtis Securities, LLC to work with the Company to explore strategic alternatives aimed at maximizing shareholder value and provide related financial advisory services.
Paragon's SI Systems' branded technologies drive productivity at Fortune 1000 companies and the United States Government.
About Paragon Technologies
Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems' branded technologies and material handling solutions address unit assembly in manufacturing operations and order fulfillment applications. One of the top material handling systems suppliers worldwide, SI Systems leading clients have included the United States Postal Service, BMG, Peterbilt, Honda, and Maybelline.
Cautionary Statement. Certain statements contained herein are not based on historical fact and are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities and Exchange Commission rules, regulations and releases. Paragon intends that such forward-looking statements be subject to the safe harbors created hereby. Among other things, the forward-looking statements regard Paragon's earnings, liquidity, financial condition, review of strategic alternatives, and other matters. Words or phrases denoting the anticipated results of future events, such as "anticipate," "does not anticipate," "should help to," "believe," "estimate," "is positioned," "expects," "may," "will," "is expected," "should," "continue," and similar expressions that denote uncertainty, are intended to identify such forward-looking statements. Paragon's actual results, performance, or achievements could differ materially from the results expressed in, or implied by, such "forward-looking statements": (1) as a result of factors over which Paragon has no control, including the strength of domestic and foreign economies, sales growth, competition, and certain cost increases; and (2) if the factors on which Paragon's conclusions are based do not conform to its expectations. The forward-looking statements contained in this press release may become outdated over time. Paragon does not assume any responsibility for updating any forward-looking statements. Furthermore, achievement of the objectives of the Company is subject to certain risks, including, but not limited to, those risks outlined in Paragon's filings with the Pink Sheets, including its annual report for the fiscal year ended December 31, 2009, and the most recent quarterly report for the period ended June 30, 2010 as filed with the Pink Sheets.
This press release and prior releases are available at www.ptgamex.com
Paragon Technologies, Inc.
CONTACT: Thomas Harvey, Managing Director, Curtis Securities, LLC,
+1-267-216-2609, +1-215-972-2388 (Fax), or Leonard S. Yurkovic, Acting CEO,
Paragon Technologies, Inc., +1-610-252-3205, +1-610-252-3102 (Fax)
Web site: http://www.ptgamex.com/
China Telecom Americas Connects with CENX to Expand Carrier Ethernet Services
HERNDON, Va., Sept. 3 /PRNewswire-FirstCall/ -- China Telecom Americas, the North American subsidiary of China Telecom Corporation Ltd. , the world's largest fixed-line telecommunications and broadband services provider, today announced that it has established connections with CENX, operator of the world's first and most connected Carrier Ethernet exchange. Connecting with CENX enables China Telecom Americas and China Telecom to provide services both to and from its significant base of end-users, thus opening up new revenue opportunities for China Telecom Americas and its U.S. partners. The initial connections are in CENX's New York and Los Angeles exchanges.
"Connecting with CENX enables China Telecom Americas to extend our reach through a diversified platform," commented Donald Tan, president of China Telecom Americas. "As an additional way to interconnect with our partners, we are able to respond to our customers' needs in a more scalable and efficient manner."
Carrier Ethernet is an increasingly important means of providing flexible bandwidth and cost effective delivery of a wide variety of services to China Telecom Americas' customers. Interconnecting with other carriers via CENX brings seamless delivery of China Telecom's services and enables the creation of new business relationships. The CENX connection also enables U.S.-based service providers to efficiently reach businesses based in the U.S., China and the 73 other countries served by China Telecom.
"We are very excited to establish this new global connection, which enables significant revenue and cost savings opportunities for China Telecom Americas and its partners," said Nan Chen, President of CENX. "CENX's Carrier Ethernet exchanges are the world's first and largest service-level interconnects. By leveraging several unique technical innovations and our years of Ethernet expertise, CENX exchanges address the key operational and business challenges faced by our customers."
ABOUT CHINA TELECOM AMERICAS
China Telecom Americas, a wholly-owned U.S.-based subsidiary of China Telecom Corp. Ltd. , is an international telecom provider for Data, IP and Voice Wholesale services to multinational companies, organizations and international carriers requiring China domestic services and International access to China & Asia Pacific. With headquarters in Herndon, Virginia, and offices in Chicago, Denver, Los Angeles, Miami, New York, San Jose, St. Louis and a subsidiary in Toronto, Canada, China Telecom Americas continues to expand its reach, including to Latin America. China Telecom Americas provides locally-based, one-stop-shop, turn-key solutions for everything from China domestic and international data circuits to IDC services, network management, equipment management, system integration, and much more. For additional information on China Telecom Americas, please visit www.ctamericas.com, 1-866-692-8872.
ABOUT CHINA TELECOM CORPORATION LIMITED
China Telecom Corporation Limited is a full services integrated operator and the world's largest fixed-line telecommunications and broadband services provider, providing telecommunications and information services including fixed-line voice, mobile voice, data, video and multimedia in the PRC. By the end of 2009, China Telecom owned 194 million fixed-line telephone subscribers, 62.36 million mobile (CDMA) subscribers, and 61.75 million broadband customers. Its H shares and American Depositary Shares ("ADSs") are listed on the Stock Exchange of Hong Kong Limited and the New York Stock Exchange respectively. For more information, visit www.chinatelecom-h.com/eng/global/home.htm.
ABOUT CENX
CENX, Inc., operates the world's first and most connected Carrier Ethernet exchange. CENX delivers carrier-neutral, location-neutral, Carrier Ethernet exchange services to global, regional and local telecom/ internet service providers. CENX interconnects service providers' Carrier Ethernet networks worldwide, providing access to more than ten million Ethernet Service Locations. CENX simplifies, integrates, monitors and expedites services, enabling vast revenue opportunities, dramatic cost-saving and Carrier Ethernet global ubiquity - a foundation for next generation telecommunications networks. Through its work in the MEF (Metro Ethernet Forum) and in the industry, the CENX management team has played a leading role in the definition of standards and the development of the Carrier Ethernet market over the past nine years. For more information, please contact CENX at info@cenx.com, +1 847 905 1020, www.cenx.com.
China Telecom Americas
CONTACT: Lana Bian, China Telecom Americas, +1-703-787-0088,
lbian@ctamericas.com; or Bruce Reid, Zonic Group PR, breid@zonicgroup.com,
+1-408-504-8665, +44 7710 140 706, for CENX
Web site: http://www.ctamericas.com/
http://www.cenx.com/
STMicroelectronics Reaches Ultimate Dimension in TV with New High-Performance Digital TV System-on-Chip and Video-Enhancement IC for Best-in-Class Motion-Compensated 3DTV and 3D GraphicsHigh-performance full-featured SoCs deliver compelling new entertainment and web-based services while slashing overall TV power consumption, and facilitating new business models for the TV industry
GENEVA, Sept. 3 /PRNewswire-FirstCall/ -- STMicroelectronics , one of the world's largest semiconductor companies and a leader in chips for set-top boxes and digital TVs, today announced a new TV System-on-Chip (SoC) offering the first-of-its-kind integrated 3D graphics accelerator (OpenGL-ES 2.0 and OpenVG 1.1 compliant), enabling next-generation Internet TV services, exciting user interfaces and casual gaming.
ST's new FLI7540, representing the 'Freeman Ultra' line of products, powers high-performance TVs that demand exceptional video, audio, and user-interface capabilities. The FLI7540 delivers exceptionally high performance (1700+ DMIPS CPU with 256 kbytes of Level 2 cache), strong security dedicated for advanced middleware/Internet TV applications, and is compatible with worldwide digital terrestrial television (DTT) standards.
ST has also introduced a new high-quality Faroudja(TM) video-enhancement IC that dramatically reduces TV power consumption and boosts video quality for LED TVs while offering best-in-class experience for 2D/3DTV. The FLI2520 'Diamond' video-enhancement IC delivers the industry's first single-chip 2D/3D@200/240Hz with advanced MCTi(1) motion judder and blur reduction, plus 240Hz LED backlight adaptive local dimming and 480Hz backlight scanning for motion-blur reduction.
The FLI2520 is also the first TV IC offering the royalty-free VESA interconnect standard iDP (internal DisplayPort) output to the panel timing controller. For TV set and panel manufacturers, iDP substantially reduces BOM cost and system complexity, in comparison to alternative approaches.
"Our TV customers demand powerful solutions to meet the requirements in next-generation products to support extensive processing for the enhanced Internet TV and 3D video experiences," said Luigi Mantellassi, General Manager of ST's TV and Monitor Division. "The Freeman and Diamond family of TV products offer TV manufactures a solid foundation to quickly design a portfolio of compatible, high-value TV models with compelling step-up features and price points. In addition, Freeman's Internet TV, security engine, 3D graphics, and flexible software framework enable exciting new business models for both TV manufacturers and retailers, while consumers enjoy unprecedented, instant access to large vaults of content."
The BOM cost-efficient combination of FLI7540 and FLI2520 results in a unique and uncompromised range of key technologies:
-- Wealth of content access and new business models with Internet TV
-- Rich and innovative user interfaces with OpenGL ES 2.0 3D graphics
-- Silky smooth film- and video-motion compensation with 200/240Hz Faroudja
MCTi
-- Best quality, motion-compensated 3DTV@200/40Hz. Also 2D->3D conversion.
-- Substantial power reduction and enhanced contrast ratio with LED
backlight adaptive local dimming
The FLI7540 is software compatible with other products in the Freeman product line, and is the culmination of the integration of world-class technologies from ST's industry-leading set-top-box chips and the Emmy(R) Award winning Faroudja video-processing technologies.
(1) Motion-Corrected Temporal Interpolation (MCTi) is an ST-proprietary technology that smooths out fast-moving 3D and 2D images
Availability and Pricing
The FLI7540 and FLI2520 and associated platforms are now sampling to qualified customers. Pricing is available to OEMs, upon request. Both products will be demonstrated at ST's private suite at IFA 2010 in Berlin.
About STMicroelectronics
STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2009, the Company's net revenues were $8.51 billion. Further information on ST can be found at www.st.com.
Faroudja is a trademark of STMicroelectronics.
STMicroelectronics
CONTACT: Michael Markowitz of STMicroelectronics, +1-781-591-0354,
michael.markowitz@st.com
Web site: http://www.st.com/
Emmis Communications Further Extends Preferred Stock Exchange Offer and Adjourns Special Shareholder Meeting
INDIANAPOLIS, Sept. 3 /PRNewswire-FirstCall/ -- Emmis Communications Corporation, an Indiana corporation ("Emmis") today announced that it is further extending its offer to issue 12% PIK Senior Subordinated Notes due 2017 ("New Notes") in exchange for Emmis' 6.25% Series A Cumulative Convertible Preferred Stock ("Preferred Stock") at a rate of $30.00 principal amount of New Notes for each $50.00 of liquidation preference of Preferred Stock until 5:00 p.m., New York City time, on Wednesday, September 8, 2010. The exchange offer, as previously extended, was originally scheduled to expire at 5:00 p.m., New York City time, on Thursday, September 2, 2010 .
Emmis also announced that the special meeting of Emmis shareholders held at 6:30 p.m., local time, on Thursday, September 2, 2010, to vote on certain amendments to the terms of the Preferred Stock, was initially adjourned until 8:30 a.m., local time, on Friday, September 3, 2010, and subsequently adjourned until 6:30 p.m., local time, on Wednesday, September 8, 2010, at One Emmis Plaza, 40 Monument Circle, Indianapolis, Indiana 46204.
Emmis has been informed that JS Acquisition, Inc., an Indiana corporation ("JS Acquisition") whose equity securities are owned entirely by Mr. Jeffrey H. Smulyan, the Chairman, Chief Executive Officer and President of Emmis, and JS Acquisition, LLC, an Indiana limited liability company ("JS Parent") that is wholly owned by Mr. Smulyan, is further extending its tender offer to purchase all of Emmis' outstanding shares of Class A common stock for $2.40 per share in cash until 5:00 p.m., New York City time, on Wednesday, September 8, 2010. The tender offer, as previously extended, was originally scheduled to expire at 5:00 p.m., New York City time, on Thursday, September 2, 2010.
The offers are being further extended because Emmis, JS Parent, JS Acquisition and Mr. Smulyan are continuing their discussions in an effort to reach an agreement with Alden Global Capital ("Alden"), a private asset management company that had previously agreed to provide financing for the tender offer through an affiliate, and a group of holders of approximately 38.3% of the outstanding shares of Preferred Stock in the aggregate who have previously indicated that they would vote against the matters to be voted on at the special meeting. Although we believe that an agreement among the various parties remains unlikely, we believe the extension is warranted due to the continuing discussions.
As of 5:00 p.m., New York City time, on Thursday, September 2, 2010, 422,803 shares of Preferred Stock had been tendered into and not withdrawn from the exchange offer. In addition, as of 5:00 p.m., New York City time, on Thursday, September 2, 2010, 19,824,537 Class A shares had been tendered into and not withdrawn from the tender offer. If not withdrawn at or prior to the expiration of the tender offer, such shares would satisfy the Minimum Tender Condition.
About Emmis
Emmis Communications Corporation is a diversified media company, principally focused on radio broadcasting. Emmis operates the 8th largest publicly traded radio portfolio in the United States based on total listeners. As of February 28, 2010, Emmis owns and operates seven FM radio stations serving the nation's top three markets -- New York, Los Angeles and Chicago, although one of Emmis' FM radio stations in Los Angeles is operated pursuant to a Local Marketing Agreement whereby a third party provides the programming for the station and sells all advertising within that programming. Additionally, Emmis owns and operates fourteen FM and two AM radio stations with strong positions in St. Louis, Austin (Emmis has a 50.1% controlling interest in Emmis' radio stations located there), Indianapolis and Terre Haute, IN.
In addition to Emmis' domestic radio properties, Emmis operates an international radio business and publishes several city and regional magazines. Internationally, Emmis owns and operates national radio networks in Slovakia and Bulgaria. Emmis' publishing operations consists of Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, Orange Coast, and Country Sampler and related magazines. Emmis also engages in various businesses ancillary to Emmis' broadcasting business, such as website design and development, broadcast tower leasing and operating a news information radio network in Indiana.
Emmis' news releases and other information are available on the company's website at www.emmis.com .
IMPORTANT INFORMATION
THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO PURCHASE OR EXCHANGE OR THE SOLICITATION OF AN OFFER TO SELL OR EXCHANGE CLASS A COMMON STOCK, PREFERRED STOCK, STOCK OPTIONS, RESTRICTED STOCK, DEBT OR OTHER SECURITIES OF EMMIS.
JS ACQUISITION HAS COMMENCED AN OFFER TO PURCHASE SHARES OF CLASS A COMMON STOCK OF EMMIS (THE "TENDER OFFER") PURSUANT TO THE OFFER TO PURCHASE AND RELATED LETTER OF TRANSMITTAL, DATED JUNE 2, 2010 (TOGETHER WITH AMENDMENTS AND SUPPLEMENTS THERETO, THE "TENDER OFFER DOCUMENTS") THAT WAS FILED UNDER COVER OF A COMBINED SCHEDULE TO/13E-3 TRANSACTION STATEMENT WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (THE "SEC"). THE TENDER OFFER DOCUMENTS HAVE BEEN DISTRIBUTED TO EMMIS' SHAREHOLDERS. THIS PRESS RELEASE IS NOT A SUBSTITUTE FOR THE TENDER OFFER DOCUMENTS.
IN CONNECTION WITH THE TENDER OFFER, EMMIS HAS COMMENCED AN OFFER TO ISSUE NEW 12% PIK SENIOR SUBORDINATED NOTES DUE 2017 IN EXCHANGE FOR EMMIS' 6.25% SERIES A CUMULATIVE CONVERTIBLE PREFERRED STOCK (THE "EXCHANGE OFFER"). ALSO, IN CONNECTION WITH THE EXCHANGE OFFER AND THE TENDER OFFER, EMMIS IS SOLICITING PROXIES (THE "PROXY SOLICITATION") FROM ITS COMMON AND PREFERRED SHAREHOLDERS TO VOTE IN FAVOR OF CERTAIN PROPOSED AMENDMENTS TO EMMIS' ARTICLES OF INCORPORATION. THE EXCHANGE OFFER AND PROXY SOLICITATION HAVE BOTH COMMENCED PURSUANT TO A DEFINITIVE OFFER TO EXCHANGE, DEFINITIVE PROXY STATEMENT AND THEIR RESPECTIVE LETTERS OF TRANSMITTAL AND OTHER RELATED MATERIALS, DATED JULY 6, 2010 (TOGETHER WITH AMENDMENTS AND SUPPLEMENTS THERETO, THE "EXCHANGE OFFER DOCUMENTS", AND COLLECTIVELY WITH THE TENDER OFFER DOCUMENTS, THE "DISCLOSURE DOCUMENTS") THAT WERE FILED UNDER COVER OF A COMBINED SCHEDULE TO/SCHEDULE 13E-3 TRANSACTION STATEMENT WITH THE SEC. THE EXCHANGE OFFER DOCUMENTS HAVE BEEN DISTRIBUTED TO EMMIS' SHAREHOLDERS, AND THIS PRESS RELEASE IS NOT A SUBSTITUTE FOR THE EXCHANGE OFFER DOCUMENTS.
SHAREHOLDERS AND INVESTORS SHOULD READ CAREFULLY THE DISCLOSURE DOCUMENTS BECAUSE THEY CONTAIN IMPORTANT INFORMATION, INCLUDING THE VARIOUS TERMS OF, AND CONDITIONS TO THE TENDER OFFER, THE EXCHANGE OFFER AND THE PROXY SOLICITATION (THE "TRANSACTIONS"). INVESTORS MAY OBTAIN FREE COPIES OF THE DISCLOSURE DOCUMENTS, INCLUDING THE LETTERS OF TRANSMITTAL, AT THE SEC'S WEB SITE AT WWW.SEC.GOV. IN ADDITION, COPIES OF THE DISCLOSURE DOCUMENTS, INCLUDING THE LETTERS OF TRANSMITTAL, MAY BE OBTAINED FOR FREE BY DIRECTING SUCH REQUESTS TO BNY SHAREOWNER SERVICES, THE INFORMATION AGENT FOR THE TRANSACTIONS, AT 1-866-301-0524. SHAREHOLDERS ARE URGED TO CAREFULLY READ THESE MATERIALS PRIOR TO MAKING ANY DECISION WITH RESPECT TO THE TRANSACTIONS.
EMMIS AND ITS DIRECTORS AND OFFICERS AND OTHER MEMBERS OF MANAGEMENT AND EMPLOYEES MAY BE DEEMED TO BE PARTICIPANTS IN THE SOLICITATION OF PROXIES. INFORMATION REGARDING EMMIS' DIRECTORS AND EXECUTIVE OFFICERS IS DETAILED IN ITS PROXY STATEMENTS AND ANNUAL REPORTS ON FORM 10-K. SUCH INFORMATION IS ALSO CONTAINED IN THE EXCHANGE OFFER DOCUMENTS.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This press release includes information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements about Emmis' beliefs, plans, objectives, goals, expectations, estimates and intentions that are subject to significant risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. The words "may," "could," "should," "would," "believe," "anticipate," "estimate," "expect," "intend," "plan," "target," "goal," and similar expressions are intended to identify forward-looking statements. All forward-looking statements, by their nature, are subject to risks and uncertainties. Although Emmis believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, Emmis' actual results could differ materially from those described in the forward-looking statements.
Emmis' ability to achieve its objectives could be adversely affected by the factors discussed in its Annual Report on Form 10-K, as amended, for the fiscal year ended February 28, 2010 and Definitive Proxy Statement/Offer to Exchange filed with the SEC on July 6, 2010, as well as, among others: (1) the occurrence of any event, change or other circumstances that could give rise to the inability to complete the proposed transactions described above due to the failure to satisfy the conditions required to complete the proposed transactions, (2) the outcome of any legal proceedings that have been and may be instituted against Emmis and others following announcement of the proposed transactions, (3) the ability to recognize the benefits of the proposed transactions, (4) the amount of the costs, fees, expenses and charges related to the proposed transactions, (5) general industry conditions such as the competitive environment, (6) regulatory matters and risks, (7) legislative developments, (8) changes in tax and other laws and the effect of changes in general economic conditions, (9) the risk that a condition to closing of the proposed transactions may not be satisfied, and (10) other risks to consummation of the proposed transactions, including the risk that the proposed transactions will not be consummated within the expected time period.
Many of the factors that will determine the outcome of the subject matter of this press release are beyond Emmis' ability to control or predict. Emmis undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law. Additional information regarding these risk factors and uncertainties is detailed from time to time in Emmis' filings with the SEC, including but not limited to its Annual Report on Form 10-K, as amended, for the fiscal year ended February 28, 2010 and Definitive Proxy Statement/Offer to Exchange filed with the SEC on July 6, 2010. These filings are also available for viewing on Emmis' website. To access this information on Emmis' website, please visit www.emmis.com and click on "Investors", "SEC Filings".
Contact: Patrick M. Walsh
Ryan A. Hornaday
317-266-0100
Emmis Communications Corporation
CONTACT: Patrick M. Walsh or Ryan A. Hornaday, +1-317-266-0100
Web site: http://www.emmis.com/
IceWEB CEO Comments on Merger & Acquisition Activity in the Data Storage Market
STERLING, Va., Sept. 3 /PRNewswire/ -- IceWEB(TM), Inc. , www.iceweb.com, a leading provider of Unified Data Storage and building blocks for cloud storage networks, sees favorable trends in merger and acquisition activity in the data storage market.
John R. Signorello, Chairman and CEO of IceWEB, Inc., commented, "We are seeing some very exciting activity in the data storage market over the past few years. The recent bidding war for data storage provider 3PAR between Hewlett-Packard and Dell has triggered a great deal of attention to the sector."
On Monday, August 23, 2010, Hewlett-Packard Co. launched a bidding war for data-storage provider 3PAR Inc., making a $1.8 billion bid that is one-third higher than what rival Dell Inc. agreed to pay for the company. On Friday, August 27, Dell matched HP's offer of $1.8 billion, only to be countered again by HP offering $2 billion for the company. On Thursday, September 2, after a two-week bidding war between the technology giants, HP offered $33 per share putting the final price tag at $2.35 billion and Dell threw in the towel.
Both PC makers were looking at 3PAR as a way to build up their "cloud computing" businesses, delivering software, data storage and other services to customers via the Internet. 3PAR could also help them cut data storage expenses.
The offer from HP comes as technology companies appear to be increasing merger and acquisition activity as cash levels sit at record levels, highlighted by the $7.68 billion deal between Intel Corp. and McAfee Inc. The all-cash deal announced Thursday, August 19, 2010, marks the biggest acquisition in Intel's 42-year history. It is the sixth biggest deal globally between two technology companies over the past 3 1/2 years, according to Capital IQ, a division of Standard & Poor's.
In 2009, EMC acquired all of the outstanding shares of Data Domain common stock for $33.50 per share in cash.
In 2008, HP Acquired LeftHand Networks for $360 million. Also in 2008, Dell acquired EqualLogic for $1.4 billion.
The most attractive acquisition candidates offer something innovative that no other company offers. For example, the software 3PAR offers is designed to maximize available space on data storage hardware -- a cost-cutting step -- by using a technique called "thin provisioning," by which extra capacity can be added as needed.
According to Senior Analyst, James E Bagley, of Storage Strategies NOW, IceWEB's Unified Storage, "Has a combination of technologies to maximize the capacity efficiency of the storage infrastructure. Built in compression ensures that highly compressible files are stored efficiently. Thin Provisioning means that blocks are not allocated until written to, meaning the administrators can assign arbitrarily large volumes to servers without paying the penalty of a lot of wasted space. The most significant advantage is inline deduplication. Similar files used by multiple servers or virtual desktops are stored as single images within the storage pool. This can result in efficiencies as high as 95% in environments with many similar servers. This combination of features is unprecedented and together means that the overall cost per usable terabyte is one of the best in the industry."
About IceWEB, Inc.
Headquartered just outside of Washington, D.C., IceWEB manufactures and markets data storage products. For more information, please visit www.IceWEB.com.
This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934, as amended, or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.
Contact:
IceWEB, Inc.
Investor Relations, 571.287.2400
investor@iceweb.com
or
Stephen D. Axelrod, CFA, 212.370.4500
steve@wolfeaxelrod.com
Wolfe Axelrod Weinberger Associates, LLC.
IceWEB, Inc.
CONTACT: IceWEB, Inc., Investor Relations, +1-571-287-2400,
investor@iceweb.com; or Stephen D. Axelrod, CFA, of Wolfe Axelrod
Weinberger Associates, LLC, +1-212-370-4500, steve@wolfeaxelrod.com
Web site: http://www.IceWEB.com/
AcuNetx Announces Change in Trading Status
TORRANCE, Calif., Sept. 3 /PRNewswire/ -- AcuNetx, Inc. today announced that it had received a communication from the Financial Industry Regulatory Authority (FINRA) to the effect that its Common Stock would be removed from quotation on the OTC Bulletin Board on September 3, 2010.
The letter indicated that FINRA took the action because AcuNetx has been delinquent in its filings under the Exchange Act three times in the past two years, and NASD Rule 6530 provides for removal from quotation in this instance. AcuNetx has the right to appeal the decision, and is considering whether to file such an appeal.
Robert S. Corrigan, President of AcuNetx, said, "We plan to continue filing reports and financial statements with the SEC, and we expect that our stock will continue to be quoted and traded in the over-the counter market (Pink Sheets)." He added, "Accordingly, we believe this action will not have any effect on our shareholders, and should have no effect on the liquidity of our Common Stock."
Corrigan explained that AcuNetx had timely filed its 10-Q for the quarter ended June 30, 2010. However, since AcuNetx had earlier dismissed its independent certified public accountants and has not engaged new accountants, the financial statements in the 10-Q were not reviewed by outside accountants, as contemplated by SEC accounting rules. FINRA took the position that, because of this, the filing was deficient.
"We are actively interviewing accounting firms, and plan to retain a new firm in the coming weeks," said Corrigan. "Once retained, we will ask the new accountants to review our current 10-Q filings and amend them if necessary."
About AcuNetx, Inc.:
AcuNetx markets a diverse line of diagnostic, analytical and therapeutic tools for medical (audiologists, neurologists, otolaryngologists and physical therapists as well as hospitals, clinics, and extended care facilities) and law enforcement applications. R&D applications include patent-pending technology for the physiological detection of deception (polygraph). AcuNetx is headquartered in Torrance, CA. For more information concerning AcuNetx and its subsidiaries, please visit www.acunetx.com.
Safe Harbor for Forward Looking Statements:
This news release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representations to be accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risks and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
FOR FURTHER INFORMATION CONTACT:
Name: Robert Corrigan
E-Mail: rscorrigan@acunetx.com
AcuNetx, Inc.
CONTACT: Robert Corrigan of AcuNetx, Inc., rscorrigan@acunetx.com
Web site: http://www.acunetx.com/
Verizon Wireless Prepared As Hurricane Earl Continues to Threaten East Cost
BASKING RIDGE, N.J., Sept. 3 /PRNewswire/ -- With Hurricane Earl moving up the East Coast, the Verizon Wireless network stands ready to provide the wireless coverage and service that customers count on when they need it most.
Verizon Wireless has been monitoring network activity closely in coastal areas from the Mid-Atlantic to the New England states to ensure network capacity continues to serve customers readying themselves, their families and businesses for possible hurricane landfall. In addition:
-- The Verizon Wireless Network Operations Center tracks hurricane activity
closely and provides real-time information to local network teams up and
down the Atlantic seaboard.
-- Verizon Wireless network teams have been checking cell sites and
switches to ensure backup batteries are fully prepared and topping off
generators to ensure continued operation of network cell sites and
switches in the event public power is interrupted.
-- Verizon Wireless has prepped and staged emergency equipment, including
COWs (Cells on Wheels) and COLTs (Cells on Light Trucks) which can
operate independently using a mobile satellite tower and generators on
wheels, so they can be rolled into areas affected by the storm.
-- Verizon Wireless network operations teams have plans for dealing with
disaster if and when it strikes, including providing additional network
facilities when and where wireless calling capacity is required.
-- The company also has its Wireless Emergency Communications Centers,
which can provide free calling, battery charging stations, and wireless
communications support and service if needed in hard-hit communities,
ready to go.
Latest Activity Part of Verizon Wireless' Year-Round Network Efforts
Verizon Wireless network teams work year-round to prepare the Verizon Wireless network for emergencies and provide the most reliable ongoing wireless service for residents and businesses.
"We Keep You Connected When You Count on Us the Most" takes viewers to Verizon Wireless cell sites, switches and other network operations to show how the company prepares for hurricanes and other natural disasters and emergencies. The video can be viewed:
-- On Verizon Wireless' YouTube channel at
www.youtube.com/VerizonWirelessTV
-- In the Verizon Wireless Multimedia Library at
www.verizonwireless.com/multimedia
More Information Available
-- Learn more about Verizon Wireless' ongoing preparations for hurricanes
and other emergencies and find tips to help consumers prepare for a
hurricane in the Verizon Wireless Emergency Information Center at
http://news.vzw.com/Emergency/Overview.html.
-- Ongoing network updates, enhancements and information are available on
Twitter at http://twitter.com/VZWNetwork.
-- Video footage and images of Verizon Wireless network preparations in
hurricane-prone areas are available in the Verizon Wireless Multimedia
Library at www.verizonwireless.com/multimedia.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving more than 92 million customers. Headquartered in Basking Ridge, N.J., with 79,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone . For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Tom Pica, Verizon Wireless, +1-908-559-7516,
Thomas.Pica@verizonwireless.com, or Twitter Feed,
http://twitter.com/VZWNetwork
Web site: http://www.verizonwireless.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
CA Technologies Online ERworld 2010 Conference Focuses on Practical, Efficient Delivery of Business SolutionsLeading Data Modeling, Data Management Experts to Share Proven Best Practices and Techniques for Database Success
ISLANDIA, N.Y., Sept. 3 /PRNewswire-FirstCall/ -- CA Technologies today announced it will host an online conference from Sept. 8 through Sept. 30 to help data modeling and data management professionals more effectively meet the increasingly sophisticated and constantly changing information needs of business users.
The ERworld 2010 Conference will feature a wide variety of sessions across all areas of database design and modeling--including data profiling, process modeling, collaborative model management, and how cloud computing affects the data management professional. It will include presentations by industry experts such as Karen Lopez, senior project manager and principal consultant at InfoAdvisors, Inc.; Peter Aiken, founder and CEO of Data Blueprint; and Dr. Michael Blaha, partner at Modelsoft Consulting Corporation.
Attendees will also learn from real-world case studies that demonstrate how companies in various markets achieved business success by adopting proven best practices.
In addition to benefiting from the online presentations, conference attendees will be able to instantly download whitepapers, engage in live chats with other attendees, and contribute to interactive forums.
CA Technologies and its partners will also conduct demonstrations and "how-to" tutorials on the CA ERwin family of products.
"These are challenging times for corporate data design and modeling professionals, because business demands continue to escalate even as budgets and resources are tight," said Donna Burbank, senior director of product marketing for CA Technologies Recovery Management and Data Modeling Customer Solutions Unit. "CA Technologies is serving this critical IT constituency with a convenient online ERworld 2010 conference that will provide attendees with plenty of practical ideas about how to meet these challenges--and add value to their organization."
For more information, please visit http://www.erwin.com/erworld.
Additional Resources
ERwin Twitter: http://www.twitter.com/erwinmodeling
ERworld Conference Twitter Hashtag: #erworld
Facebook: http://www.facebook.com/pages/CA-ERwin-Modeling/99602081200
LinkedIn: http://www.linkedin.com/groups?gid=2637898
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About CA Technologies
CA Technologies is an IT management software and solutions company with expertise across all IT environments - from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at www.ca.com.
Follow CA Technologies
-- ERwin.com
-- Twitter
-- Social Media Page
-- Press Releases
-- Podcasts
Legal Notices
Copyright (C) 2010 CA. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
Press contact:
Brian Harris
(631) 342-6508
brian.harris@ca.com
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AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://photos.prnewswire.com/prnh/20100516/NY05617LOGO
CA Technologies
CONTACT: Brian Harris, +1-631-342-6508, brian.harris@ca.com
Web site: http://ca.com/
ENER1 Announces $65 Million Capital Raise
NEW YORK, Sept. 3 /PRNewswire-FirstCall/ -- ENER1, Inc. today announced that it has agreed to sell $55 million of senior unsecured notes, together with shares of common stock and warrants, to certain investment funds, led by funds managed by Goldman Sachs Asset Management, L.P. In addition, the company also announced the sale of $10 million in senior convertible notes to strategic partner ITOCHU Corporation. This follows a $65 million investment from principal shareholder Ener1 Group in June of this year, and a $20 million investment from ITOCHU Corporation in December, 2009. The sale of the senior notes is subject to customary closing conditions, and is expected to be completed on or before September 8, 2010.
(Logo: http://photos.prnewswire.com/prnh/20080312/CLW018LOGO )
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Ener1 will use these funds along with its grant from the United States Department of Energy under the American Recovery and Reinvestment Act, for general operating expenditures and to help pursue its intended manufacturing plans to install 260 MW, or capacity for 11,000 electric vehicle battery packs, at its three Indianapolis facilities.
"Ener1 has heavily invested in expanding its global manufacturing operations in response to the anticipated demand from the grid energy storage, transportation and small cell markets, allowing us to meet our growth objectives," commented Chairman and CEO Charles Gassenheimer. "We are appreciative of the vote of confidence that our shareholders have placed in Ener1's management team to execute its business plan."
The principal of the notes is payable in 10 equal quarterly installments with a coupon of 8.25 percent. The first such installment is due on January 2011. The notes provide Ener1 with the option of paying principal and interest entirely in cash or, subject to the satisfaction of certain conditions, in stock, or a combination of cash and stock.
The Company is required to file a registration statement with the Securities and Exchange Commission for the resale of shares of common stock delivered in payment of principal and interest installments. JMP Securities LLC acted as the exclusive placement agent for the transaction.
Ener1 will be presenting at investor conferences in September, including the Credit Suisse Automotive and Transportation Conference, the Cowen Clean Energy Forum, the Wedbush Clean Technology and Industrial Growth Conference, the Deutsche Bank Technology Conference and the Paris Auto Show sponsored by UBS.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy notes or any other securities, nor shall there be any sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Ener1, Inc.
Ener1 develops and manufactures compact, high performance lithium-ion batteries to power the next generation of hybrid, plug-in hybrid and pure electric vehicles. The publicly traded company is led by an experienced team of engineers and energy system experts at its EnerDel subsidiary located in Indiana. In addition to the automobile market, applications for Ener1 lithium-ion battery technology include the military, grid storage and other growing markets. Ener1 also develops commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications through its NanoEner subsidiary.
Safe Harbor Statement
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.
CORPORATE COMMUNICATIONS
Rachel Carroll
ENER1 Inc.
Phone: 212 920 3500
Email: rcarroll@ener1.com
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AP Archive: http://photoarchive.ap.org
RN Photo Desk, photodesk@prnewswire.com
http://photos.prnewswire.com/prnh/20080312/CLW018LOGO
Ener1, Inc.
CONTACT: Rachel Carroll, ENER1 Inc., +1-212-920-3500, rcarroll@ener1.com
Web site: http://www.ener1.com/
Medisafe 1 Technologies Clarifies the PR Issued on September 1 for the Stock Dividend, as a Forward Split of 5-1 in the Form of a Stock Dividend
JERUSALEM, September 3, 2010 /PRNewswire-FirstCall/ -- Medisafe 1 Technologies Corp. , a developer of patented technologies that physically prevent unauthorized administration of prescription medications, will be issuing and completing a forward stock split of 5-1 in the form of a stock dividend on its common shares.
The Company anticipates the stock dividend will be payable on or about September 20 2010 to the shareholders of record on September 17 2010 and is subject to FINRA approval. When the stock dividend becomes effective, shareholders of each one restricted stock will receive an additional 4 shares of restricted stock and each shareholder of one unrestricted stock will receive an additional 4 shares of unrestricted stock. Medisafe 1 Technologies currently has 10,000,000 shares outstanding. The forward stock split in the form of the issuance of the dividend will increase the total shares outstanding to 50,000,000. Medisafe 1 expects the Board's decision will improve liquidity and trading volume in the Company's stock.
About Medisafe 1 Technologies
Medisafe 1 Technologies seeks to effectively prevent unauthorized administration of a drug or medicinal substance by hypodermic needle. Medisafe's patented technology is a medical assembly with a locking mechanism that is intended to ensure the substance cannot be released from the hypodermic needle without positive pre-matching between the substance and its intended patient.
Forward-Looking Statements
This letter contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of Medisafe 1 Technologies Corp., and its technologies. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release, as actual results may differ materially from those indicated. Medisafe 1 Technologies Corp. public filings may be viewed at http://www.sec.gov.
Contact:
Jacob Elhadad
CEO
+972-524440000
jacob.elhadad10@gmail.com
Medisafe
CONTACT: Contact: Jacob Elhadad, CEO, +972-524440000,
jacob.elhadad10@gmail.com
AsiaInfo-Linkage to Present at Susquehanna Financial Group's Fourth Annual Beijing Management Summit
BEIJING and SANTA CLARA, Calif., Sept. 3 /PRNewswire-Asia-FirstCall/ -- AsiaInfo-Linkage, Inc. ("AsiaInfo-Linkage" or the "Company"), a leading provider of communications software solutions, IT security products and related services, today announced that the Company will present at Susquehanna Financial Group's Fourth Annual Beijing Management Summit in Beijing, China.
Details for the Company's presentation are as follow:
Date: Friday September 10, 2010
Time: 10:15 - 10:50 a.m. Beijing local time
Location: The Grand Hyatt Beijing
At the conference, AsiaInfo-Linkage's President and Chief Executive Officer Steve Zhang will discuss the Company's business model and strategy and will hold one-on-one meetings with investors. A copy of the presentation will be available on our investor relations website following the conference.
About AsiaInfo-Linkage, Inc.
AsiaInfo-Linkage, Inc. is a leading provider of high-quality software solutions and IT services in the Communications' industry. Following the merger between AsiaInfo and Linkage on July 1, 2010, AsiaInfo-Linkage leverages both AsiaInfo's and Linkage's leading market positions and complementary customer bases to provide a robust, comprehensive quad-play service offering. AsiaInfo-Linkage's world-class R&D capabilities and extensive base of highly skilled engineers provide best-of-class solutions to facilitate customers to differentiate themselves from their competitors.
For more information about AsiaInfo-Linkage, please visit http://www.asiainfo-linkage.com .
Cautionary Note Regarding Forward-Looking Statements
The information contained in this document is as of September 3, 2010. AsiaInfo-Linkage assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments.
This document contains forward-looking information about AsiaInfo-Linkage's operating results and business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: government telecommunications infrastructure and budgetary policy in China; our ability to maintain our concentrated customer base; our ability to successfully integrate the business of Linkage into ours; the long and variable billing cycles for our products and services that can cause our revenues and operating results to vary significantly from period to period; our ability to meet our working capital requirements; our ability to retain our executive officers; our ability to attract and retain skilled personnel; potential liabilities we are exposed to because we extend warranties to our customers; risks associated with cost overruns and delays; our ability to develop or acquire new products or enhancements to our software products that are marketable on a timely and cost-effective basis; our ability to adequately protect our proprietary rights; the competitive nature of the markets we operate in; and political and economic policies of the Chinese government. A further list and description of these risks, uncertainties, and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2009, and in our reports on Forms 10-Q and 8-K filed with the United States Securities and Exchange Commission and available at www.sec.gov.
For more information about AsiaInfo-Linkage, please visit http://www.asiainfo-linkage.com .
For investor and media inquiries, please contact:
In China:
Mr. Jimmy Xia
AsiaInfo-Linkage, Inc.
Tel: +86-10-8216-6039
Email: ir@asiainfo-linkage.com
Mr. Justin Knapp
Ogilvy Financial, Beijing
Tel: +86-10-8520-6556
Email: asia@ogilvy.com
In the United States:
Ms. Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
Email: asia@ogilvy.com
AsiaInfo-Linkage, Inc.
CONTACT: In China: Mr. Jimmy Xia, AsiaInfo-Linkage, Inc. at
+86-10-8216-6039 or ir@asiainfo-linkage.com; Mr. Justin Knapp, Ogilvy
Financial, Beijing at +86-10-8520-6556 or asia@ogilvy.com; In the United
States: Ms. Jessica Barist Cohen, Ogilvy Financial, New York at
+1-646-460-9989 or asia@ogilvy.com
Web site: http://www.asiainfo-linkage.com/
NI Technology Updates Outlooks for STMicroelectronics, Linear Technology, Analog Devices, ON Semiconductor and Advanced Micro Devices
PRINCETON, N.J., Sept. 3 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on semiconductor and technology stocks, has published updated outlooks for STMicroelectronics , Linear Technology , Analog Devices , ON Semiconductor and Advanced Micro Devices .
Editor Paul McWilliams has displayed uncanny accuracy in identifying winners and losers during this challenging and historic period for the markets. After calling the rally that started in March 2009 to the day and providing Next Inning readers with buy recommendations that in some cases returned in excess of 400%, he advised readers on May 3, 2010 that the markets were heading for a correction. By the end of the day, the correction started.
In his June 7(th) Strategy Review, McWilliams advised readers we would see stocks rally in July, but that the rally would be followed by another selloff in August. As we know now, both events materialized as predicted. On August 30(th), Next Inning published McWilliams' Fall Strategy Review that outlines what he expects from the markets during the coming three months and naming five stocks he thinks will hit new highs before the close of the year. Investors are invited to read McWilliams' market insights with no obligation during a 21-day risk-free trial.
Trial subscribers will receive the Next Inning Fall Strategy Review and highly acclaimed State of Tech reports that offer in-depth, sector-by-sector coverage of over 65 leading tech companies and specific guidance on which stocks he thinks investors should own and which should be avoided. These reports, as well as McWilliams' regular commentary and detailed earnings previews, are available for free to trial subscribers.
In addition, subscribers will have access to McWilliams' daily commentary and actionable alerts. To take advantage of this offer and receive these reports for free, please visit the following link:
https://www.nextinning.com/subscribe/index.php?refer=prn1082
McWilliams covers these topics and more in his recent reports:
-- Based on worldwide semiconductor sales data, recent earnings reports, and information gathered from McWilliams' field network, is there support for a bullish view of STMicro?
-- According to McWilliams, is there reason to believe analog semiconductor companies Analog Devices and Linear Tech have seen a better-than-expected start to calendar Q3?
-- Why might ON Semi be an attractive speculative play in the event of a fall rally for tech stocks?
-- Is AMD due for a rebound after taking a beating of late? Does Intel's revised Q3 outlook suggest that AMD's Q3 may not be as bad as some had feared?
Founded in September 2002, Next Inning's model portfolio has returned 242% since its inception versus 21% for the S&P 500.
About Next Inning:
Next Inning is a subscription-based investment newsletter that provides regular coverage on more than 150 technology and semiconductor stocks. Subscribers receive intra-day analysis, commentary and recommendations, as well as access to monthly semiconductor sales analysis, regular Special Reports, and the Next Inning model portfolio. Editor Paul McWilliams is a 30+ year semiconductor industry veteran.
NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
CONTACT: Marcia Martin, Next Inning Technology Research, +1-888-278-5515
Indie Research Advisors, LLC
CONTACT: Marcia Martin, Next Inning Technology Research, +1-888-278-5515
Web site: http://www.nextinning.com/
Notification of Change of control in Formula System (1985) Ltd
OR-YEUDA, Israel, September 3, 2010 /PRNewswire-FirstCall/ -- Formula Systems (1985) Ltd. , a leading provider of information technology products, solutions and services, today announces that its controlling shareholders, Emblaze Ltd. informed Formula that it entered today into an agreement for the sale of its entire shareholding in Formula to Asseco Poland SA, the largest Polish IT company (Warsaw Stock Exchange: ACP) and a leader of the Asseco Group.
The closing of the transaction is expected to occur by no later than November 30, 2010 and is subject to certain closing conditions.
Guy Bernstein, Chief Executive Officer of Formula Systems, said:"I see huge potential in this partnership. Asseco provides access to new markets, especially in the region of East Central Europe, where we have had virtually no significant business so far. I am glad that Formula will have a real impact on the shape and direction of the Asseco group. I hope that together we will manage to acquire further valuable software and IT companies to strengthen our position in the existing markets as well as to open opportunities for new ones."
About Formula
Formula Systems Ltd. is a global information technology company principally engaged, through its subsidiaries and affiliates, in providing software consulting services, developing proprietary software products and providing computer-based business solutions.
Statements made in this press release that are not historical facts are forward-looking statements. Such statements involve various risks that may cause actual results to differ materially. These risks and uncertainties include, but are not limited to: market demand for the company's products, dependence on strategic partners, integration of new business, successful implementation of Formula's products, economic and competitive factors, international market conditions, management of growth, technological developments, the ability to finance operations and other factors which are detailed in Formula's Securities and Exchange Commission filings, including its most recent report on Form 20-F. Formula undertakes no obligation to publicly release any revision to any forward-looking statement.
Contact:
Guy Bernstein, Formula Systems (1985) Ltd. +972-3-5389487
Formula Systems Ltd.
CONTACT: Contact: Guy Bernstein, Formula Systems (1985) Ltd.
+972-3-5389487
ChinaNet Online Holdings to Begin Trading on the NASDAQ Global Market
BEIJING, Sept. 3 /PRNewswire-Asia-FirstCall/ -- ChinaNet Online Holdings, Inc. , a leading full-service media development, and internet technology company for small and medium-sized enterprises (SMEs) in the People's Republic of China, today announced that its board of directors has approved the decision to switch the listing of its common stock from NYSE Amex to the NASDAQ Global Market and that it has been approved for such listing. The Company currently expects that its stock will commence trading on NASDAQ on September 14, 2010 and will continue to be listed under the ticker symbol "CNET". The Company's common stock will continue to trade on the NYSE Amex until the market close on September 13, 2010.
Announcing the listing transition, Mr. Handong Cheng, Chairman and CEO of the Company, said, "Given ChinaNet's continued success and ongoing opportunities, moving to the electronic market model will broaden our visibility to investors. We believe that NASDAQ's market maker structure will also provide our company increased trading liquidity, while at the same time providing investors with the best prices and the fastest execution."
About ChinaNet Online Holdings, Inc.
The Company, a parent company of ChinaNet Online Media Group Ltd., incorporated in the BVI ("ChinaNet"), is a leading full-service media development, and internet technology company providing online advertising and brand management solutions for small and medium-sized enterprises (SMEs) in China. The Company, through certain contractual arrangements with operating companies in the PRC, provides Internet advertising and other services for Chinese SMEs via its portal website 28.com, TV commercials and program production via China-Net TV, and in-house LCD advertising on banking kiosks targeting Chinese banking patrons. Website: http://www.chinanet-online.com .
Safe Harbor
This release contains certain "forward-looking statements" relating to the business of ChinaNet Online Holdings, Inc., which can be identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "estimates" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including business uncertainties relating to government regulation of our industry, market demand, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on ChinaNet's current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting ChinaNet will be those anticipated by ChinaNet. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. ChinaNet undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
For further information, please contact:
HC International, Inc.
Ted Haberfield, Executive VP
Tel: +1-760-755-2716
Email: thaberfield@hcinternational.net
ChinaNet Online Holdings, Inc.
CONTACT: Ted Haberfield, Executive VP, HC International, Inc. at
+1-760-755-2716 or thaberfield@hcinternational.net
Web site: http://www.chinanet-online.com/
AT&T Ready for Hurricane Earl in New JerseyOffers Communications Tips for Consumers and Businesses
ATLANTIC CITY, N.J., Sept. 3 /PRNewswire/ -- AT&T* today announced it stands ready for the impact of Hurricane Earl, as it passes to the east of New Jersey, with an arsenal of disaster response equipment and personnel that enable a quick response post landfall. To help local consumers and businesses prepare, AT&T is also providing important communications tips for use before, during and after the storm.
AT&T has invested more than $500 million in its Network Disaster Recovery (NDR) organization since it was formed. The NDR function includes more than 300 technology and support trailers that AT&T is able to deploy quickly to respond to disaster situations such as severe hurricanes.
A critical element of AT&T's efforts to maximize network reliability is its ability to respond swiftly when disaster strikes, made possible by extensive preparations. These include: ongoing readiness drills, topping off fuel at generators positioned at cell sites and switching centers, testing high-capacity back-up batteries, distributing additional portable generators, adding capacity to the wireless network as able, and staging of additional emergency response equipment in strategic locations near the anticipated landfall area.
AT&T continues to enhance network redundancy in hurricane-prone areas. These efforts include installation of more back-up and permanent generators at critical cell sites and switching facilities, location of critical equipment to less vulnerable areas, upgrade of electronics in many locations, replacement of copper wiring with fiber optic cable, elevation of switches critical to network operations above expected flood levels and protection of physical facilities against flooding.
AT&T offers the following recommendations for consumers and small business owners before and after the storm hits:
AT&T Tips:
-- Be sure you have a "hurricane phone." It's a good idea to have a
wireless phone on hand and at least one corded (landline) telephone that
is not dependent on electricity in case of a power outage.
-- Program all of your emergency contact numbers and e-mail addresses into
your mobile phone. Numbers should include the police department, fire
station and hospital, as well as your family members.
-- Keep your wireless phone batteries charged at all times. Have an
alternative plan to recharge your battery in case of a power outage,
such as charging your wireless device by using your car charger or
having extra mobile phone batteries on hand.
-- Keep your wireless phone dry. The biggest threat to your device during a
hurricane is water, so keep your equipment safe from the elements by
storing it in a plastic bag or some other type of protective covering.
-- Track the storm and access weather information on your wireless device.
Many homes lose power during severe weather. If you have a wireless
device that provides access to the Internet, you can watch weather
reports through AT&T Mobile TV or keep updated with local radar and
severe weather alerts through My-Cast(R) Weather, if you subscribe to
those services.
-- Camera phones provide assistance. If you have a camera phone, take,
store and send photos -- and even video clips -- of damaged property to
your insurance company from your device.
-- Take advantage of location-based mapping technology. Services such as
AT&T Navigator and AT&T FamilyMap can help you seek evacuation routes or
avoid traffic congestion from downed trees or power lines, as well as
track a family member's wireless device in case you get separated.
Maximizing Service During and After a Hurricane:
-- During an emergency, many people are trying to use their phones at the
same time. The increased calling volume may create network congestion,
leading to "fast busy" signals on your wireless phone or a slow dial
tone on your landline phone. If this happens, hang up, wait several
seconds and then try the call again. This allows your original call data
to clear the network before you try again.
-- Try text messaging. During an emergency situation, text messages may go
through more quickly than voice calls because they require fewer network
resources. All of AT&T's wireless devices are text messaging capable.
Depending on your data or text plan, additional charges may apply.
-- Keep non-emergency calls to a minimum. If there is severe weather,
chances are many people will be attempting to place calls to loved ones,
friends and business associates.
Additional information and tips for disaster preparedness can be found at www.att.com/vitalconnections.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(R) and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE(R) magazine.
Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATTNews. Find us on Facebook at www.Facebook.com/ATT to discover more about our consumer and wireless services or at www.Facebook.com/ATTSmallBiz to discover more about our small business services.
(C) 2010 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
AT&T Inc.
CONTACT: Adam Cormier of AT&T, +1-203-506-5456, acormier@attnews.us
Web site: http://www.att.com/
AT&T is Ready for Hurricane Earl in DelawareOffers Communications Tips for Consumers and Businesses
DOVER, Del., Sept. 3 /PRNewswire/ -- AT&T* today announced it stands ready for the impact of Hurricane Earl, as it passes to the east of Delaware, with an arsenal of disaster response equipment and personnel that enable a quick response post landfall. To help local consumers and businesses prepare, AT&T is also providing important communications tips for use before, during and after the storm.
AT&T has invested more than $500 million in its Network Disaster Recovery (NDR) organization since it was formed. The NDR function includes more than 300 technology and support trailers that AT&T is able to deploy quickly to respond to disaster situations such as severe hurricanes.
A critical element of AT&T's efforts to maximize network reliability is its ability to respond swiftly when disaster strikes, made possible by extensive preparations. These include: ongoing readiness drills, topping off fuel at generators positioned at cell sites and switching centers, testing high-capacity back-up batteries, distributing additional portable generators, adding capacity to the wireless network as able, and staging of additional emergency response equipment in strategic locations near the anticipated landfall area.
AT&T continues to enhance network redundancy in hurricane-prone areas. These efforts include installation of more back-up and permanent generators at critical cell sites and switching facilities, location of critical equipment to less vulnerable areas, upgrade of electronics in many locations, replacement of copper wiring with fiber optic cable, elevation of switches critical to network operations above expected flood levels and protection of physical facilities against flooding.
AT&T offers the following recommendations for consumers and small business owners before and after the storm hits:
AT&T Tips:
-- Be sure you have a "hurricane phone." It's a good idea to have a
wireless phone on hand and at least one corded (landline) telephone that
is not dependent on electricity in case of a power outage.
-- Program all of your emergency contact numbers and e-mail addresses into
your mobile phone. Numbers should include the police department, fire
station and hospital, as well as your family members.
-- Keep your wireless phone batteries charged at all times. Have an
alternative plan to recharge your battery in case of a power outage,
such as charging your wireless device by using your car charger or
having extra mobile phone batteries on hand.
-- Keep your wireless phone dry. The biggest threat to your device during a
hurricane is water, so keep your equipment safe from the elements by
storing it in a plastic bag or some other type of protective covering.
-- Track the storm and access weather information on your wireless device.
Many homes lose power during severe weather. If you have a wireless
device that provides access to the Internet, you can watch weather
reports through AT&T Mobile TV or keep updated with local radar and
severe weather alerts through My-Cast(R) Weather, if you subscribe to
those services.
-- Camera phones provide assistance. If you have a camera phone, take,
store and send photos -- and even video clips -- of damaged property to
your insurance company from your device.
-- Take advantage of location-based mapping technology. Services such as
AT&T Navigator and AT&T FamilyMap can help you seek evacuation routes or
avoid traffic congestion from downed trees or power lines, as well as
track a family member's wireless device in case you get separated.
Maximizing Service During and After a Hurricane:
-- During an emergency, many people are trying to use their phones at the
same time. The increased calling volume may create network congestion,
leading to "fast busy" signals on your wireless phone or a slow dial
tone on your landline phone. If this happens, hang up, wait several
seconds and then try the call again. This allows your original call data
to clear the network before you try again.
-- Try text messaging. During an emergency situation, text messages may go
through more quickly than voice calls because they require fewer network
resources. All of AT&T's wireless devices are text messaging capable.
Depending on your data or text plan, additional charges may apply.
-- Keep non-emergency calls to a minimum. If there is severe weather,
chances are many people will be attempting to place calls to loved ones,
friends and business associates.
Additional information and tips for disaster preparedness can be found at www.att.com/vitalconnections.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(R) and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE(R) magazine.
Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATTNews. Find us on Facebook at www.Facebook.com/ATT to discover more about our consumer and wireless services or at www.Facebook.com/ATTSmallBiz to discover more about our small business services.
(C) 2010 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
AT&T Inc.
CONTACT: Adam Cormier of AT&T Inc., +1-203-506-5456, acormier@attnews.us
Web site: http://www.att.com/
HiSoft to Present at Upcoming Investor Conferences
BEIJING, Sept. 3 /PRNewswire-Asia-FirstCall/ -- HiSoft Technology International Limited, ("HiSoft" or the "Company") , a leading China-based provider of outsourced information technology and research and development services headquartered in Dalian, China, today announced that Mr. Tiak Koon Loh, HiSoft's Chief Executive Officer, and members of HiSoft's management team will participate in the following investor conferences:
Susquehanna Financial Group's Fourth Annual Beijing Management Summit
Grand Hyatt Beijing, Beijing, China
HiSoft Presentation: 8:00 a.m., Friday, September 10, 2010
Deutsche Bank's 2010 Technology Conference
The Westin Market Street, San Francisco, CA, USA
HiSoft Presentation: 9:10 a.m., Thursday, September 16, 2010
In addition to the group presentations, Mr. Loh and members of the management team will hold one-on-one meetings with investors to discuss the Company's second quarter of 2010 financial results and business strategy. Those who wish to attend the conferences should contact Susquehanna Financial Group and Deutsche Bank respectively to request additional information.
About HiSoft Technology International Limited
HiSoft Technology International Limited is a leading China-based provider of outsourced information technology and research and development services headquartered in Dalian, China. HiSoft provides its services to leading companies around the world through a combination of onshore and offshore delivery capabilities. HiSoft leverages its skilled technology specialists and client-centric delivery centers to offer customers reliable and high-quality technology solutions. For more information about HiSoft, please visit http://www.hisoft.com .
For investor and media inquiries please contact:
In China:
Mr. Ross Warner
HiSoft Technology International Limited
Tel: +86-10-5987-5827
Email: investor_relations@hisoft.com
Mr. Agustin Bautista
Ogilvy Financial, Beijing
Tel: +86-10-8520-6166
Email: hsft@ogilvy.com
In the U.S.:
Ms. Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
Email: hsft@ogilvy.com
HiSoft Technology International Limited
CONTACT: In China: Mr. Ross Warner of HiSoft Technology International
Limited, +86-10-5987-5827, or investor_relations@hisoft.com; Mr. Agustin
Bautista, Ogilvy Financial, Beijing, +86-10-8520-6166, or hsft@ogilvy.com;
In the U.S.: Ms. Jessica Barist Cohen, Ogilvy Financial, New York,
+1-646-460- 9989, or hsft@ogilvy.com
Web site: http://www.hisoft.com/
Yucheng Technologies Announces September 2010 Conference Participation
BEIJING, Sept. 3 /PRNewswire-Asia-FirstCall/ -- Yucheng Technologies Limited , a leading provider of IT solutions to China's banking industry, today announced it will participate in the following investor events in September:
SFG Fourth Annual Beijing Management Summit
Event: Corporate presentation and one-on-one meetings
Time: September 9-10, 2010
Presentation Date: September 9, 2010
Location: Grand Hyatt, Beijing
Speaker: Steve Dai, CFO
Rodman & Renshaw Annual Global Investment Conference
Event: Corporate presentation and one-on-one meetings
Time: September 12-15, 2010
Location: The New York Palace Hotel, New York
Speaker: Steve Dai, CFO
Kaufman Bros. 13th Annual Investor Conference
Event: Corporate presentation and one-on-one meetings
Time: September 14-16, 2010
Presentation Date: September 14, 2010
Location: The W, New York
Speaker: Steve Dai, CFO
About Yucheng Technologies Limited
Yucheng Technologies Limited is a leading IT service provider to the Chinese banking industry. Headquartered in Beijing, China, Yucheng has approximately 2,200 employees and has established an extensive network for serving its banking clients nationwide, with subsidiaries and representative offices in 23 cities. Yucheng provides a comprehensive suite of IT solutions and services to Chinese banks including: (i) Channel Solutions, such as web banking and call centers; (ii) Business Solutions, such as core banking systems, foreign exchange and treasury management; and (iii) Management Solutions, such as risk analytics and business intelligence.
For Further Information
Steve Dai
Tel: +86-10-5913-7889
+86-10-5913-7700
Email: investors@yuchengtech.com
Safe Harbor Statement
This press release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "project" or "continue" or the negative thereof or other similar words. Such forward-looking statements, based upon the current beliefs and expectations of Yucheng's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: current dependence on the PRC banking industry demand for the products and services of Yucheng; competition from other service providers in the PRC and international consulting firms; the ability to update and expand product and service offerings; retention and hiring of qualified employees; protection of intellectual property; creating and maintaining quality product offerings; operating a business in the PRC with its changing economic and regulatory environment; and the other relevant risks detailed in Yucheng filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Yucheng assumes no obligation to update the information contained in this press release.
Yucheng Technologies Limited
CONTACT: Steve Dai, +86-10-5913-7889, or +86-10-5913-7700, or
investors@yuchengtech.com
ARRIS Introduces ServAssure(TM) Live!New Software Offers Instantaneous Service and Network Visibility
SUWANEE, Ga., Sept. 3 /PRNewswire-FirstCall/ -- ARRIS today announced the introduction of ServAssure Live!, designed to provide Technical Service Representatives (TSRs) and Call Center Customer Service Representatives (CSRs) with real-time subscriber-centric service and device visibility. Additionally, Network Operations Center (NOC) personnel can use ServAssure Live! to view the health status of devices in the network that are not directly tied to a subscriber, such as the CMTS and Call Management Server, thereby allowing instantaneous detection of service degradation, performance of diagnostics and remote repairs.
Rapid problem identification and resolution enables TSRs/CSRs to keep current customers happy and reduce overall churn. Rather than relying on a process of elimination in situations that can be addressed or repaired remotely, ServAssure Live! empowers Call Center personnel to quickly pinpoint the root cause of service issues and fix them.
ServAssure Live! automatically discovers customer premises equipment (CPE) which allows the application to easily adapt to changes in the network without time consuming reconfiguration and manual setup. Its standards-based Web Services interface enables adaptable integration with existing data sources and positions the application as a trusted source of consistent data for the entire OSS infrastructure.
ServAssure Live! is a flexible standalone system designed for ease of deployment and on-going maintenance. MSOs are not bogged down by daily process management tasks because ServAssure Live! never involves manual device imports or scheduled polling activities.
"We are very excited to introduce ServAssure Live! to the Call Center employees at our customers' systems," said ARRIS Assurance VP and GM Bailey Shewchuk. "They are the front line of customer service and need the most accurate information to be able to resolve customer problems in a timely and efficient manner, thus freeing up resources to be allocated to revenue-generating activities."
Deploying and maintaining ServAssure Live! is so straightforward, that ARRIS offers customers a free 30-day trial upon request. For more information, please contact your ARRIS representative or visit our web site at www.arrisi.com
ARRIS ServAssure Live! will be on display at IBC, September 10-14, Stand 1.D41.
About ARRIS
ARRIS is a global communications technology company specializing in the design, engineering and supply of technology that supports broadband services for residential and business customers around the world. The company supplies broadband operators with the tools and platforms they need to deliver carrier-grade telephony, network video processing, whole home video, demand driven video, next-generation advertising, network and workforce management solutions, access and transport architectures and ultra high-speed data services. Headquartered in Suwanee, Georgia, USA, ARRIS has R&D centers in Suwanee; Beaverton, OR; Chicago, IL; Kirkland, WA; State College, PA; Wallingford, CT; Waltham, MA; Cork, Ireland; and Shenzhen, China, and operates support and sales offices throughout the world. Information about ARRIS products and services can be found at www.arrisi.com.
ARRIS
CONTACT: Alex Swan of ARRIS Corporate Communications, +1-678-473-8327,
alex.swan@arrisi.com
Web site: http://www.arrisi.com/
DSG international plc to be Renamed Dixons Retail plc Group Trading in Line With Expectations
LONDON, September 3, 2010 /PRNewswire/ --
- DSG international plc, one of Europe's leading specialist electrical
retailers, is today updating the market on trading for the 12 weeks
ended 24 July 2010.
- Total Group sales up 3% in sterling and like for like sales up 3%
- UK operations gained market share, benefiting from:-
- Strong sales of TVs in the lead up to the World Cup as well as
exclusivity of the iPad
- Roll out of store refurbishments as part of the Renewal and
Transformation plan
- Retail partnership with Phones4U with 50 mobile store in stores to be
open in time for Christmas
- Nordic operations performing in line with expectations, following a
year of exceptional growth
- Italian operations performing in line with expectations, offset by a
weaker environment in Greece
- Total internet sales were up 12% driven by multichannel and
Reserve&Collect
- Gross margins across the Group were up 0.1% year on year
- Store refit programme roll out on track with 200 stores reformatted in
the UK, 43 completed during the period including 8 Megastores
- Successful rephasing of debt profile following issue of new 2015 Bond
and part repurchase of existing 2012 Bond.
12 Weeks ended 24 July 2010
Sales Total growth Total growth Like for like
growth
(Sterling) (Local Currency)
UK & Ireland +2% +3% +6%
Nordics +9% +6% Flat
Other (2)% Flat (1)%
International
e-commerce Flat +3% +3%
Total Group +3% +3% +3%
Comparative figures for the Group for the 12 weeks to 25 July 2009 are set out in the appendix. John Browett, Group Chief Executive, commented:
"This is an encouraging start to the year, especially given the challenging market conditions. Our UK businesses performed particularly well, most notably with customers responding to our strong World Cup promotion and the excellent product ranges on offer. The store transformation programme is making rapid progress and continues to improve the shopping trip for customers. Our international businesses have also performed well against competitors in varied market conditions.
"We remain cautious about the economic outlook but we will continue to deliver on our Renewal and Transformation plan to make the business Better, Easier and Cheaper to run and deliver an unbeatable combination of Value, Choice and Service for customers."
Currys is the UK's biggest electrical retailer with a network of over 500 stores nation-wide, including out of town stores, high street Currys.digital stores and a Currys Megastore in the Midlands. There are a range of desktop pcs ( http://www.dixons.co.uk/gbuk/computers/desktop-pc-monitor-packages-122-c.html ) and tv deals (http://www.currys.co.uk/gbuk/index.html) at Currys and PC World and you can also buy the ipad (http://www.pcworld.co.uk/gbuk/index.html ).
For further information
David Lloyd-Seed, Group Director of Communications,
DSGi +44(0)1727-205065
Mark Webb, Head of Media Relations, DSGi +44(0)1727-205019
Laura Cummings/Jayne Rosefield Brunswick +44(0)20-7404-5959
Information on DSG international plc is available at http://www.dsgiplc.com
DSGi plc
CONTACT: For further information David Lloyd-Seed, Group Director of
Communications, DSGi +44(0)1727-205065; Mark Webb, Head of Media Relations,
DSGi +44(0)1727-205019; Laura Cummings/Jayne Rosefield Brunswick
+44(0)20-7404-5959
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