Companies news of 2007-06-08 (page 1)
eOn Communications Schedules Conference Call to Discuss Third Fiscal Quarter Financial...
/C O R R E C T I O N -- Wal-Mart Stores, Inc./
Ablest Inc. Announces Closing of Merger
Moscow CableCom Corp. Announces Subscriber Growth Numbers for May 2007
LG Electronics Chooses PacificNet Epro to Deploy Human Resources Management Solution
VantageScore Gains Market Momentum Among Industry LeadersEquifax Retail and Technology...
MetaSwarm, Inc. Retains Sichenzia Ross Friedman Ference LLP
June 30th Deadline for Wisconsin Microsoft Settlement Claims-Consumers and Needy Schools...
Bob Hope Airport Upgrades to New Collaborative Version of PASSUR Community Relations...
Hologic to Present at the Needham & Company Sixth Annual Biotechnology & Medical...
eOn Communications Announces Business Connect Telecommunications ServicesHosted VoIP...
Diebold Event Monitoring Center is the CSAA Central Station of the Year
VendingData(TM) Corporation Signs Exclusive Distribution Agreement to Include the...
DuPont Tate & Lyle Joint Venture Officially Opens $100 Million Bio-PDO(TM) Facility - the...
BullMarket.com Examines Chinese Internet Gaming Stocks
Lionbridge Expands Its Microsoft Certification Portfolio with the New 'Certified For...
Shanda Licenses Woool, Magical Land and Crazy Kart to Overseas Markets
Towerstream Applauds FCC Spectrum 3650 MHz Band Decision
ADVISORY: Interwoven Launches 'Interwoven Live,' a Weekly Web Seminar Series on Optimizing...
China Grentech Won Bids for TD-SCDMA Coverage Equipment From Both China Mobile and China...
SIVOO Announces Strategic Partnership With Integrated Sports to Exclusively Broadcast...
ST Journal Presents Latest Research Findings in Wireless Sensor Networks
UMC Reports Sales for May 2007
Tyco International to Host Investor Day on June 19, 2007
Sanmina-SCI Announces Pricing of Senior Floating Rate Notes Offering
eOn Communications Schedules Conference Call to Discuss Third Fiscal Quarter Financial Results
SAN JOSE, Calif., June 8 /PRNewswire-FirstCall/ -- eOn Communications Corporation(TM) , a leading provider of telecommunications solutions, will announce results for the third quarter of fiscal year 2007 on June 12, 2007.
President and Chief Executive Officer David Lee, Chief Operating Officer Mitch Gilstrap, and Chief Financial Officer Stephen Bowling will host a conference call at 4:45 p.m. ET on June 12, 2007, to comment on results for the quarter ended April 30, 2007. Shareholders and other interested parties are invited to listen to the conference call by dialing 800-289-0572. A web cast of the call will also be available through a link on the Company's investor relations web site at investor.eoncc.com. Please log on 15 minutes in advance to download and install audio software if necessary.
A replay of the call will be posted to the investor relations web site shortly following the call.
About eOn Communications(TM)
eOn Communications Corporation(TM) is a global provider of innovative communications solutions. Backed by over 20 years of telecommunications engineering expertise, our solutions enable our customers to easily leverage advanced technologies in order to communicate more effectively. To find out more information about eOn Communications and its solutions, visit the World Wide Web at http://www.eoncommunications.com/, or call 800-955-5321.
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eOn Communications Corporation
CONTACT: Investor Relations, eOn Communications, +1-800-955-5321, investorrelations@eoncc.com
Web site: http://www.eoncommunications.com/
/C O R R E C T I O N -- Wal-Mart Stores, Inc./
In the news release, "Dell Computers to Arrive at Wal-Mart This Weekend," issued earlier today by Wal-Mart Stores, Inc. over PR Newswire, we are advised by the company that the fifth paragraph, third bulleted section should read "All Sam's Club locations (coming mid-June) Dell Inspiron 1501 Notebook" rather than "E1501" as originally issued inadvertently.
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Wal-Mart Stores, Inc.
CONTACT:
Web site: http://www.walmartstores.com/
Ablest Inc. Announces Closing of Merger
TAMPA, Fla., June 8 /PRNewswire/ -- Ablest Inc. announced today that it has closed the previously announced merger with Select Acquisition, Inc., an entity wholly-owned by Koosharem Corporation. Koosharem is the holding company of SelectRemedy, which has approximately 280 professional staffing offices throughout North America, focused on delivering human capital workforce solutions in various business sectors.
The parties today filed a certificate of merger with the Secretary of State of the State of Delaware to consummate the Merger upon which Ablest became a wholly-owned subsidiary of Koosharem. Each outstanding share of Ablest's common stock has been converted into the right to receive $11.00 in cash per share (other than those shares held by Ablest, Koosharem or Select Acquisition, or any of their respective subsidiaries, and other than those shares with respect to which appraisal rights are properly exercised). American Stock Transfer & Trust Company has been appointed the exchange agent for payment of the merger consideration. Ablest anticipates that the exchange agent will contact shareholders shortly with instructions on how to receive payment for their shares. As a result of the Merger, Ablest will no longer file periodic reports with the Securities and Exchange Commission and shares of the Company's common stock will no longer trade on the American Stock Exchange.
Ablest Inc.
CONTACT: John Horan, Vice President and Chief Financial Officer of Ablest Inc., +1-813-830-7700 or jhoran@ablest.com
Moscow CableCom Corp. Announces Subscriber Growth Numbers for May 2007
NEW YORK, June 8 /PRNewswire-FirstCall/ -- Moscow CableCom Corp. today announced the growth of its homes passed network and of the number of active subscribers for its broadband services in Moscow, as of May 31, 2007:
ACTIVE SUBSCRIBERS
YTD
May 31, April 30, Change Percent December Change Percent
2007 2007 (1 month) Change 31, 2006 (5 months) Change
Homes
passed 932,251 889,037 43,214 4.9 % 782,249 150,002 19.2 %
Terrestrial
Broadcasting
subscrib-
ers 220,153 211,942 8,211 3.9 % 173,558 46,595 26.8 %
% Satur-
ation 23.6 % 23.8 % 22.2 %
Pay TV
subscrib-
ers 93,379 88,664 4,715 5.3 % 65,310 28,069 43.0 %
% Satur-
ation 10.0 % 10.0 % 8.3 %
Internet
subscrib-
ers 126,492 122,948 3,544 2.9 % 98,106 28,386 28.9 %
% Satur-
ation 13.6 % 13.8 % 12.5 %
ACTUAL SUBSCRIBERS
YTD
May 31, April 30, Change Percent December Change Percent
2007 2007 (1 month) Change 31, 2006 (5 months) Change
Terrestrial
Broadcasting
subscrib-
ers 222,387 214,055 8,332 3.9 % 174,567 47,820 27.4 %
% Satur-
ation 23.9 % 24.1 % 22.3 %
Pay TV
subscrib-
ers 109,112 102,756 6,356 6.2 % 75,725 33,387 44.1 %
% Satur-
ation 11.7 % 11.6 % 9.7 %
Internet
subscrib-
ers 144,782 139,478 5,304 3.8 % 110,017 34,765 31.6 %
% Satur-
ation 15.5 % 15.7 % 14.1 %
About Moscow CableCom
Moscow CableCom Corp is the US-based parent of a Moscow, Russia-based company that provides access to cable television and Internet services under the brand name "AKADO". AKADO is in the process of expanding its hybrid fiber-coaxial network in Moscow to provide residential and business customers with comprehensive broadband services in digital cable TV and radio, and high-speed data transmission and Internet access. The Company has licenses to provide its services to 1.5 million homes and businesses in Moscow, through its proprietary agreements for use of the Moscow Fiber Optic Network, the largest high-speed data cable network in Moscow. For more information on Moscow CableCom Corp. and AKADO, visit: http://www.moscowcablecom.com/ and http://www.akado.ru/
Availability of Information Regarding the Proposed Merger with Renova Media Enterprises
In connection with the proposed merger between the Company and Renova Media Enterpises Ltd., the Company's single largest shareholder, the Company filed a preliminary Information Statement with the Securities and Exchange Commission (the "SEC") on May 4, 2007. In addition, the Company and Renova Media Enterprises filed with the SEC a Transaction Statement on Schedule 13E-3 on May 4, 2007. The parties will also make certain other SEC filings regarding the transaction. These filings contain and future filings will contain important information about the transaction. The Company and Renova Media Enterprises urge investors to read these filings and to read future filings when they become available. Copies of these filings will be available, free of charge, on the SEC's website (http://www.sec.gov/).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release may contain "forward-looking statements". All forward- looking statements contained in this press release are subject to various risks and uncertainties that could materially affect these matters including, without limitation, the risk that the transaction contemplated by the merger agreement between the Company and Renova Media will not be consummated on the terms announced or at all. These statements may contain words such as "expects," "anticipates," "plans," believes," "projects" and words of similar meaning. These statements also relate to our future business and financial performance, including AKADO's development, its ability to attract new subscribers, to continue to expand its hybrid fiber-coaxial network, to achieve positive cash flow and our ability to raise funds for AKADO's development. These statements are based on management's best assessment of Moscow CableCom's and AKADO's strategic and financial position and of future market conditions and trends and involve substantial risks and uncertainties. The actual outcome may differ materially from these statements. Certain factors that could cause actual results to differ materially from those discussed in any forward-looking statements, including the lack of operating history of AKADO, liquidity difficulties, developments in the marketplace for cable TV and internet services in Moscow, Russia, technological changes, operating in the Russian Federation, including general economic, political, social and tax conditions and legislative and regulatory matters affecting the cable industry, and changes in generally accepted accounting principles are described in the our annual report on Form 10-K for the year ended December 31, 2006 and other public filings made by us with the SEC, which descriptions are incorporated herein by reference. There may be other risks that we have not described that may adversely affect our business and financial condition. We disclaim any obligation to update developments of these risks or to announce publicly any revision to any of the forward-looking statements contained in this release or any of our related public filings with the SEC, or to make corrections to reflect future events or developments.
Moscow CableCom Corp.
CONTACT: Tate Fite, Chief Financial Officer of Moscow CableCom Corp., +011-7-495-221-5516, tate.fite@moscowcablecom.com; or Barbara Cano of Breakstone Group International, +1-646-452-2334, bcano@breakstone-group.com, for Moscow CableCom Corp.
Web site: http://www.moscowcablecom.com/ http://www.akado.ru/
LG Electronics Chooses PacificNet Epro to Deploy Human Resources Management Solution
BEIJING, June 8 /Xinhua-PRNewswire/ -- PacificNet, Inc. , a leading provider of gaming technology, e-commerce and Customer Relationship Management (CRM) services in China, announced today that its subsidiary EPRO TechSoft has been selected by LG Hong Kong to deploy the TechnoSoft Human Resources Management Solution. Epro's TechnoSoft Human Resources Management Solution is a comprehensive and powerful system specially designed for diversified businesses with economy of scale, such as banking and finance, public utility, trading, manufacturers, servicing and agencies, and transportation, etc. The solution automates and streamlines various payroll accounting, MPF (Mandatory Provident Fund), tax, leaves, attendance and time- recording workflows. Personnel management reports such as staff turnover, age and services, salary analysis and other customized reports can also be easily prepared. The decision to go electronic with payroll using Epro's TechnoSoft HRM enables LG Hong Kong to improve the efficiency of their Human Resource operations.
"We are proud to be retained by LG Electronics as their Human Resources Management Solution provider," said Joyce Poon, General Manager of PacificNet Epro's Consulting Division. "We value the opportunity to work with LG Electronics on this project. We are confident that our TechnoSoft solution will enable LG Hong Kong to improve its Human Resources Operations."
About LG Electronics, Inc
LG Electronics, Inc (Korea Stock Exchange: 657.SK) was established in 1958 as the pioneer in the Korean consumer electronics market. The company is a major global force in electronics and information and communications products with more than 64,000 employees working in 76 overseas subsidiaries and marketing units around the world. With annual total revenues of more than US $16.9 billion (non-consolidated), LG Electronics comprises three main business companies: Digital Display & Media, Digital Appliance, and Telecommunications Equipment & Handsets.
About PacificNet
PacificNet, Inc. (http://www.pacificnet.com/) is a leading provider of gaming technology, e-commerce, and Customer Relationship Management (CRM) in China. PacificNet's gaming products are specially designed for Chinese and Asian gamers with focus on integrating localized Chinese and Asian themes and content, advanced graphics, digital sound effects and popular domestic music, with secondary bonus games and jackpots. PacificNet gaming products include: Multi-player Electronic Table Games - Baccarat, Sicbo, Fish-Prawn-Crab, and Roulette machines, Server-Based Games (SBG) with multiple client betting stations, slot and bingo machines, Video Lottery Terminals (VLTs), Amusement With Prizes (AWP) machines, gaming cabinet and client/server system designs, online i-gaming software design, and multimedia entertainment kiosks. PacificNet's gaming clients include the leading hotels, casinos, and gaming operators in Macau, Asia, and Europe, while ecommerce and CRM clients include the leading telecom companies, banks, insurance, travel, marketing and business services companies and telecom consumers in Greater China such as China Telecom, China Mobile, Unicom, PCCW, Hutchison Telecom, Bell24, Motorola, Nokia, SONY, TCL, Huawei, American Express, Citibank, HSBC, Bank of China, Bank of East Asia, DBS, TNT, China and Hong Kong government. PacificNet employs about 1,200 staff in its various subsidiaries throughout China with offices in Hong Kong, Beijing, Shanghai, Shenzhen, Guangzhou, Macau and Zhuhai China, USA, and the Philippines.
PacificNet Epro (http://www.eprotel.com.hk/) is the industry leader and leading provider of outsourced call center, telemarketing, CRM, VAS and IVR services with over 15 years of field experience in greater China in the areas of outsourced call center services, training and consulting services, and call center management systems. PacificNet Epro's TechnoSoft HRM Solution is a Human Resource Management information software for diversified businesses, such as banking and finance, public utility, trading, manufacturers, servicing and agencies, and transportation, etc. It can handle multi-companies and multi-departments while cost-center operations with facilities solving jobs of payroll accounting and data integration, personnel administration, human resources management, tax, banks, leaves, attendance and recruitment, etc. Personnel management reports such as staff turnover, age and services, salary analysis and other customized reports can also be easily prepared.
For more information on Epro TechnoSoft, please visit: http://www.eprotechsoft.com/
Contact:
PacificNet USA office:
Jacob Lakhany, Tel: +1-605-229-6678
PacificNet Beijing office:
Ada Yu, Tel: +86 (10) 59225000
23rd Floor, Building A, TimeCourt, No.6 Shuguang Xili, Chaoyang District,
Beijing, China 100028
PacificNet Shenzhen Office:
Tel: +86 (10) 33222088
Room 4203, JinZhongHuan Business Center, Futian District, Shenzhen, China
518040
PacificNet Macau office:
Tel: +853 28704154
Unit A-C, 12th Floor, Edificio Commercial I Tak, No. 126, Rua Da Pequim,
Macau, China.
PacificNet, Inc.
CONTACT: PacificNet USA office: Jacob Lakhany, Tel: +1-605-229-6678; or PacificNet Beijing office: Ada Yu, Tel: +86 (10) 59225000; or PacificNet Shenzhen Office: Tel: +86 (10) 33222088; or PacificNet Macau office: Tel: +853 28704154
Web site: http://www.pacificnet.com/ http://www.eprotel.com.hk/ http://www.eprotechsoft.com/
VantageScore Gains Market Momentum Among Industry LeadersEquifax Retail and Technology Customers Embrace VantageScore(sm)
ATLANTA, June 8 /PRNewswire-FirstCall/ -- Equifax Inc. today announced that several banking, retail and technology customers are incorporating VantageScore(sm) into their decisioning processes. Fingerhut, a national direct mail and web retailer of a broad range of consumer products and services, will leverage VantageScore for its portfolio reviews. Recently, I4 Commerce, which provides strategic payments and marketing technology solutions to merchants across the country, began utilizing VantageScore within its underwriting process.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060224/CLF037LOGO )
VantageScore, a credit score jointly developed by Equifax, Experian and TransUnion, is a direct result of market demand for a more consistent and predictive approach to credit-scoring methodology across all three national credit reporting companies. Introduced to the market in March 2006, VantageScore is recognized today as an alternative risk management scoring solution.
"Currently we have 100 major financial and retail institution customers in various stages of evaluating and testing VantageScore," said Dann Adams, president of US Consumer Information Solutions, Equifax. "VantageScore represents a breakthrough in credit scoring where score variability among the three major credit reporting companies is due solely to data differences within the credit files."
All three credit reporting companies use the same VantageScore algorithm to calculate the credit score. VantageScore leverages the collective experience of the industry's leading experts on credit data, scoring and analytics. In addition to Fingerhut and I4 Commerce, several other Equifax customers have begun using VantageScore within their underwriting processes for mortgage, credit card and pre-screen decisioning.
"Fingerhut has come to rely on Equifax to provide industry-leading analytics and technologies that enable us to offer our customers immediate credit access," said Richard Payne, senior vice president and chief credit officer, Fingerhut. "We have been impressed by VantageScore's performance and look forward to using the score more in the future."
Through complex analytic models, Equifax Predictive Sciences mines data to generate new intelligence for customer decisions. The result is the opportunity for our customers to offer more products to more of their consumer and business customers. For more information about Equifax solutions, visit http://www.equifax.com/.
VantageScore is being independently marketed and sold separately through each of the three national credit reporting companies via licensing agreements with VantageScore Solutions, LLC.
About Equifax (http://www.equifax.com/)
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.
Customers have trusted Equifax for over 100 years to deliver innovative solutions with the highest integrity and reliability. Businesses -- large and small -- rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, and much more. We empower individual consumers to manage their personal credit information, protect their identity, and maximize their financial well-being.
Headquartered in Atlanta, Georgia, Equifax Inc. employs approximately 6,900 people in 14 countries through North America, Latin America and Europe. Equifax is a member of Standard & Poor's (S&P) 500(R) Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.
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Equifax Inc.
CONTACT: Jennifer Costello of Equifax Inc., +1-404-885-8907, jennifer.costello@equifax.com
Web site: http://www.equifax.com/
MetaSwarm, Inc. Retains Sichenzia Ross Friedman Ference LLP
SANTA MONICA, Calif., June 8 /PRNewswire-FirstCall/ -- MetaSwarm, Inc. (Pink Sheets: MSWM) announced today that they have retained the New York law firm of Sichenzia Ross Friedman Ference LLP to represent them in preparing and filing MetaSwarm's Form 10 with the Securities and Exchange Commission, and to continue to represent the Company before the United States Securities and Exchange Commission on all SEC matters.
Mr. Marvin Shannon, Chairman & CEO of MetaSwarm, said in making this announcement that "we are very pleased to have a firm of the caliber of Sichenzia Ross Friedman Ference LLP as our legal partner. This continues our record of attracting internationally recognized partners and support firms who have caught our vision of the potential of what we are offering."
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP provides experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. The firm's clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. They also advise institutional investors on transactions involving complex securities law considerations. Their practice includes the representation of clients located in the United States and throughout the World, including Argentina, Austria, Australia, Canada, China, Germany, Hungary, Israel, Korea, Malaysia, Mexico, Switzerland and the United Kingdom.
Sichenzia's areas of expertise include corporate and commercial transactions, securities litigation, and arbitration, administrative practice before regulatory agencies, mergers and acquisitions and broker-dealer regulation. In addition, they provide guidance to Boards of Directors and corporate managers who now operate in an increasingly complex and changing landscape of securities rules, litigation risks and investor scrutiny.
About MetaSwarm
MetaSwarm Holdings, Inc. is headquartered in California and is focused in the information technology industry. MetaSwarm specializes in personal and commercial information assurance solutions, including anti-fraud, anti-spam, and relationship analysis solutions for the Internet e-commerce markets. Specifically, MetaSwarm products provide applications for message management, message and website validation, and message and website analysis for email, cell phone text messaging (SMS), instant messaging (IM), and web pages.
Safe Harbor Statement
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation.
MetaSwarm, Inc.
CONTACT: Ashley Hull, Partner of ProPublic Media, LLC, +1-310-450-9100, for MetaSwarm, Inc.
June 30th Deadline for Wisconsin Microsoft Settlement Claims-Consumers and Needy Schools Stand to Gain
MILWAUKEE, June 8 /PRNewswire/ -- June 30th is the last day for Wisconsin consumers and businesses to claim up to $233,896,000 in benefits from a class action settlement with Microsoft , the lawyers involved in the Court-approved settlement announced today. The settlement includes Wisconsin consumers, businesses, and governmental entities that acquired Microsoft software from December 7, 1993 through April 30, 2003, for use in Wisconsin.
The class-action lawsuit alleged that Microsoft violated Wisconsin's antitrust and unfair competition laws. Under the settlement, which was approved April 6, Microsoft denies that it did anything wrong and the settlement is not an admission of wrongdoing or an indication that any law was violated. The Court did not rule on the merits of the lawsuit. Microsoft will distribute up to $223,896,000 in vouchers that eligible class members can redeem regarding their purchases of computers, peripheral computer hardware, and computer software made by any manufacturer. The vouchers are worth $23 each for Microsoft's "Office" productivity suite software and Microsoft's "Excel" spreadsheet software; $15 each for Microsoft's "Windows" and "MS-DOS" operating system software; and $10 each for Microsoft's "Word" word processing software (including "Home Essentials" and "Works Suite").
To qualify for vouchers, those included must fill out and submit a claim form available at http://www.microsoftwisuit.com/ or by calling the Court's Settlement Administrator at 1-800-598-3050. Claims for five or fewer licenses and up to $100, may be submitted with no need to provide any additional documents or proof about software purchases.
"We are pleased that a significant portion of the settlement proceeds will benefit deserving K-12 schools in Wisconsin," said Rich Wallis, Associate General Counsel for Microsoft. If the total value of vouchers issued to Class members is less than $223,896,000, Microsoft will distribute technology vouchers worth one-half of the remaining amount to qualified public, tribal, and Bureau of Indian Affairs elementary, middle, junior high, and high schools (K-12) in Wisconsin." Ben Barnow, one of the attorneys for the Class, stated that "this is a superior settlement that benefits the Class both directly with the vouchers and indirectly with the aid to needy schools. We look forward to its benefits being realized by the Wisconsin Class and the needy schools."
These vouchers can be used up to four years after they are distributed. With certain limitations, the vouchers can be transferred, sold, or given away as a personal gift or charitable donation. If vouchers are unclaimed, 50% of the unclaimed amount goes to the provision for needy schools. But if the vouchers are claimed, but not used, 100% goes to the needy schools.
For larger claims or for software that was not acquired through a volume license program (e.g., "Open," "Select," or "Enterprise" licenses), claimants will need to provide additional information about software purchases. Those who acquired software through a volume license program will need to complete a Volume License Claim Form. The claim forms contain detailed instructions about filling them out.
The Court-approved website is http://www.microsoftwisuit.com/ and the toll- free phone number is 1-800-598-3050.
Circuit Court of Wisconsin, Milwaukee County
CONTACT: Plaintiffs: Ben Barnow of Barnow and Associates, P.C., +1-312-621-2000; or Microsoft: Jack Evans of Microsoft Corporation, +1-425-706-1863
Web site: http://www.microsoftwisuit.com/
Bob Hope Airport Upgrades to New Collaborative Version of PASSUR Community Relations SoftwareNew Version of AirportMonitor Allows Airport to Communicate in Real Time
GREENWICH, Conn., June 8 /PRNewswire-FirstCall/ -- Megadata Corporation (BULLETIN BOARD: MDTA) announced today that Bob Hope Airport has upgraded their existing AirportMonitor software to the new collaborative version of PASSUR(R) AirportMonitor(TM), the airport industry's leading web-based airspace education tool for airport communities.
"This AirportMonitor enhancement has already made a difference," said Dennis O'Connor, Noise Compliance Officer for Bob Hope Airport. "Last week an Air Force plane made a low pass for a funeral and - immediately - the phones starting ringing. We quickly had the relevant information on AirportMonitor to explain what happened. We're really looking forward to using the enhanced version to keep our community informed."
"We're excited by these AirportMonitor innovations because it further bonds airports and their communities," said Jim Barry, President and CEO of Megadata, which owns PASSUR. "We believe collaboration is key in all aspects of aviation - and we're particularly pleased to help airports and their constituents with this breakthrough product."
AirportMonitor is the pioneering community airspace awareness tool, which provides an interactive display of air traffic and flight information in and around the terminal airspace, designed for airport websites. It enables residents to view traffic in "near-live" and replay mode, with a host of user- friendly online tools designed to promote airspace education, answer questions about specific flight behavior, and promote openness and trust between residents and the airport.
The new version of AirportMonitor, a patented product, includes:
-- Instant airport messaging - based on the existing collaborative
decision making technology developed for PASSUR Portal(TM) and
OPSnet(TM), this allows the airport to instantly communicate about
airspace conditions which may be affecting residents' noise quality.
Management of these messages is easily done through PASSUR online
password access messaging tools, requiring no Airport IT involvement.
-- "My Home Locator" - providing AirportMonitor users the ability to
pinpoint their home on the AirportMonitor background map by entering
their address, allowing for a more effective assessment of airspace and
flight activity in relation to the user's residence.
About Megadata
Megadata owns and operates PASSUR, a national network of multiple, live flight information sources feeding a single, integrated database known for independent, complete, timely, and accurate information and solutions for the aviation industry. It includes the unique network of PASSUR radar installations in the US, Canada, Europe, and Asia. The company's principal business is the delivery of data, application software, and web-delivered collaborative decision tools to the aviation industry and organizations that serve, or are served, by the aviation industry. Megadata distributes its products through a direct sales force, and through premier aviation decision- support technology firms.
Visit Megadata's web site at http://www.passur.com/ for updated products, solutions and PASSUR news.
The forward-looking statements in this news release relating to management's expectations and beliefs are based on preliminary information and management assumptions. Such forward-looking statements are subject to a wide range of risks and uncertainties that could cause results to differ in material respects, including those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of the Company's owned PASSURs located at major airports, the Company's maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect the Company's results is contained in the Company's SEC filings, including the October 31, 2006 Form 10-K and the January 31, 2007 Form 10-Q.
Contact:
Ron Dunsky
(631) 589-6800
(917) 587-9672
rondunsky@passur.com
Megadata Corporation
CONTACT: Ron Dunsky of Megadata Corporation, +1-631-589-6800, +1-917-587-9672, rondunsky@passur.com
Web site: http://www.passur.com/
Hologic to Present at the Needham & Company Sixth Annual Biotechnology & Medical Technology Conference
BEDFORD, Mass., June 8 /PRNewswire-FirstCall/ -- Hologic, Inc. today announced that Jack Cumming, Chairman and Chief Executive Officer and Glenn Muir, Chief Financial Officer, will be presenting at the Sixth Annual Needham & Company Biotechnology & Medical Technology Conference being held June 13 - 14, 2007 at the New York Palace Hotel in New York, NY.
Interested parties are invited to listen to a live audio webcast of Hologic's investor presentation on Thursday, June 14, 2007 at 9:00 a.m. Eastern Time on the investor section of the Company's website at http://www.hologic.com/investor. An archive of the presentation will be available for replay following the conference.
About Hologic
Hologic, Inc. is a leading developer, manufacturer and supplier of premium diagnostic and medical imaging systems dedicated to serving the healthcare needs of women, and a leading developer of innovative imaging technology for digital radiography and breast imaging. Hologic's core business units are focused on mammography and breast biopsy, osteoporosis assessment, and mini C-arm and extremity MRI imaging for orthopedic applications. For more information visit http://www.hologic.com/.
Contact: Glenn P. Muir Frances Crecco
Executive Vice President and CFO Director, Investor Relations
Hologic, Inc. Hologic, Inc.
(781) 999-7300 (781) 999-7377
Hologic, Inc.
CONTACT: Glenn P. Muir, Executive Vice President and CFO, +1-781-999-7300; or Frances Crecco, Director, Investor Relations, +1-781-999-7377, both of Hologic, Inc.
Web site: http://www.hologic.com/ http://www.hologic.com/investor
eOn Communications Announces Business Connect Telecommunications ServicesHosted VoIP Services Allow Small Businesses Cost Effective Access to Advanced Telecommunications Features and Calling Plans
SAN JOSE, Calif., June 8 /PRNewswire-FirstCall/ -- eOn Communications Corporation(TM) , a leading provider of telecommunications solutions, today announced the immediate availability of Business Connect, the industry's most affordable, comprehensive business-class VoIP service offering tailored specifically for small businesses. Business Connect is an easy-to- use hosted business class telephone service alternative to traditional telephone systems or expensive Centrex services from traditional telecommunications solution providers. Business Connect allows users, regardless of location, to be part of a virtual telephone system that includes voice mail, auto attendants, conference bridges, four digit dialing and disaster recovery options, in addition to a rich portfolio of other business class features normally only offered by dedicated equipment. Business Connect also delivers unlimited local and long distance calling plans for the United States and Canada, and access to low international rates.
Business Connect customers have the ability to choose the features and calling plans from a selection of service subscriptions that meet the specific needs of each individual user. Each user receives a Business Connect extension number and can be located anywhere in the world where there is access to the Internet. Business Connect extension-to-extension calls, transfers and conference calls are accomplished over eOn's Business Connect VoIP network, anywhere in the world, free of extra charges.
"Our Business Connect offerings combine the cost savings delivered by VoIP carrier services with the advanced capabilities delivered by IP telephony systems in a package that is affordable for businesses of any size," said David Lee, Chairman and CEO of eOn Communications. "With Business Connect, customers receive productivity enhancing features and flexible calling plans without the need of a dedicated telephone system and business-rate long distance phone bills from legacy service providers. Business Connect services are easy to install, easy to use, provide convenient predictable monthly billing statements and deliver exceptional call quality."
Business Connect Features and Benefits
Business Connect services are tailored made for small businesses and offer the services they need to compete and grow, including:
-- Free, four digit extension-to-extension dialing anywhere in the world
-- Unlimited calling to the US, Canada and any other Business Connect
subscriber
-- Business class voice mail
-- A broad selection of advanced desktop VoIP business class telephones
-- Self service auto-attendant, providing dial by extension or user name
-- An easy to use, web browser-based extension and feature management
wizard
-- A hosted virtual call receptionist application for heavy call volume
management and distribution
-- Smart Ring, a flexible call forwarding and "follow-me" forwarding
feature for personalized call and contact management treatments
-- Mobile Connect transforms any phone into a Business Connect extension,
giving remote or traveling employees "virtual office" capabilities
-- Mobile Manager gives Business Connect users remote control of feature
settings, contact directories, and call histories from any wireless
device
-- Outlook Integration provides Microsoft Outlook users with an embedded
call control toolbar for easy "click-to-dial" capabilities and
synchronized contact directories
-- Disaster Avoidance lets users instantly redirect calls to alternate
locations (another business location, mobile phones, etc.) in the event
of a natural disaster or other business interrupting events
"We believe there to be over 20 million aging small business telephone systems in the U.S. alone that will be replaced by VoIP-based technologies, either in the form of on-site systems or by a new generation of hosted services," added Lee. "eOn is unique in that we are the first to offer customers and distribution channels the flexibility to chose, from a single source, the solution type that best addresses the individual needs of each business."
Business Connect services are available today from $16.95/month per extension. Each extension can be configured with optional feature packages, unlimited calling plans and business-class VoIP desktop telephones. For additional information about eOn's Business Connect services, please contact eOn at 720-891-4270.
About eOn Communications(TM)
eOn Communications Corporation(TM) is a global provider of innovative communications solutions. Backed by over 20 years of telecommunications engineering expertise, our solutions enable our customers to easily leverage advanced technologies in order to communicate more effectively. To find out more information about eOn Communications and its solutions, visit the World Wide Web at http://www.eoncommunications.com/, or call 800-955-5321.
Note:
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, including technical and competitive factors, which could cause the Company's results and the timing of certain events to differ materially from those discussed in the forward-looking statements. Such risks are detailed in eOn Communications Corporation's most recent Form 10-Q filing with the Securities and Exchange Commission.
eOn Communications Corporation and the mark eOn are trademarks of eOn Communications Corporation.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010517/EONLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
eOn Communications Corporation
CONTACT: Investor Relations, eOn Communications, +1-800-955-5321, investorrelations@eoncc.com
Web site: http://www.eoncommunications.com/
Diebold Event Monitoring Center is the CSAA Central Station of the Year
NORTH CANTON, Ohio, June 8 /PRNewswire-FirstCall/ -- Diebold, Incorporated's Event Monitoring Center (EMC) in Uniontown, Ohio, has been named the Central Station Alarm Association (CSAA) "Central Station of the Year." The annual award was received at this year's CSAA Electronic Security Forum and Exposition in Orlando, Fla.
The award was established to promote the inherent value of central station service. It is given to companies that have attained a distinct level of professionalism, and honors those who have made the most significant contributions to the security industry.
"This award recognizes the quality and excellence of the country's top UL- listed central stations, which operate in the highest professional manner and make significant contributions to the alarm monitoring industry," said Steve Doyle, executive director, CSAA. "The Diebold EMC has met these standards, while consistently providing exceptional service to its customers."
Diebold's EMCs are UL-listed national alarm monitoring centers, providing around-the-clock services to businesses in the financial, retail, commercial and government markets.
"Our focus is on our customers, providing exceptional service every hour of every day," said Dennis M. Moriarty, senior vice president of Diebold Global Security. "We are flexible and responsive because we invest in our people, processes and technology."
Diebold's CSAA Five-Diamond certified EMC continuously searches for ways to improve its business, including the recent conversion of 500,000 customer records to electronic files to provide a quick and efficient way of storing customer data. In addition, EMC associates are required to complete central station operator training programs provided by CSAA. Diebold assisted in the development of CSAA's Advanced Operator Online Training Course.
"We understand that each customer has different needs," said Steve Ipson, director of monitoring services for Diebold. "We create customized solutions to meet the requirements of their risks and security strategies. This award confirms Diebold as an industry leader in providing world-class security monitoring services. It denotes a standard of excellence for existing and potential customers and recognizes our outstanding personnel who perform in the highest professional manner."
Diebold, which operates additional monitoring stations in Honolulu, Hawaii, and Monterrey, Mexico, provides service to approximately 49,000 sites. Diebold provides alarm and video monitoring, two-way audio, disaster recovery and other security monitoring solutions to customers in the continental United States, Latin America, Canada, Puerto Rico and the Pacific Islands.
Diebold Global Security is a leading security integrator with representation in every region of the world. Focusing on the sale, installation and service of security components, Diebold Global Security provides comprehensive protection and detection solutions to the commercial, financial, government and retail markets. For more information, visit http://www.dieboldsecurity.com/.
About Diebold
Diebold, Incorporated is a global leader in providing integrated self- service delivery and security systems and services. Diebold employs more than 15,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold reported revenue of $2.9 billion in 2006 and is publicly traded on the New York Stock Exchange under the symbol "DBD." For more information, visit the company's Web site at http://www.diebold.com/.
Diebold, Incorporated
CONTACT: Media, Joe Richardson, +1-330-490-5562, richarj2@diebold.com, or Investors, Jennifer Bako, +1-330-490-6318, bakoj@diebold.com, both of Diebold, Incorporated
Web site: http://www.diebold.com/ http://www.dieboldsecurity.com/
VendingData(TM) Corporation Signs Exclusive Distribution Agreement to Include the Americas, Europe and the Russian FederationCompany enters into contract with established global gaming distributor
LAS VEGAS, June 8 /PRNewswire-FirstCall/ -- VendingData(TM) Corporation , announced today that it has signed an agreement with Advanced Electronic Systems ("AESI"), recently merged with privately-held Suzo-Happ Group, the leader in providing innovative solutions and high technology peripheral devices to the gaming marketplace with sales and support staff totaling over 100 in the Americas and Europe. The agreement grants AESI the exclusive right to market and distribute VendingData products within North, Central and South America as well as South Africa, Europe and the Russian Federation.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020325/LAM034LOGO)
The rolling two-year agreement, which carries an automatic renewal clause, gives AESI an exclusive, non-transferable right to promote, sell, distribute, service and support VendingData(TM) products as well as to appoint mutually agreed sub-distributors in the Americas, Europe and the Russian Federation as well as the non-exclusive right to market, distribute and service VendingData(TM) products in the Caribbean. The initial order to be shipped to AESI will consist of 25 units each of ShufflePro, RandomPlus, and Deck Checker with an additional order of a minimum of 25 units of each product no later than January 31, 2008. AESI also agreed not to manufacture, service or distribute any products that compete with the VendingData(TM) products for the life of the agreement.
Established in 1955, Suzo International merged with Happ Controls in December 2004 and Advanced Electronic Systems Inc in 2006 to become the global leader in the manufacture and distribution of gaming and amusement parts and accessories. With over 400 employees globally in 18 locations serving customers in over 80 countries, the company generates sales of approximately $150 million annually.
"We entertained partnership opportunities with a number of gaming distributors before we arrived at a decision to enter into contract with AESI and its affiliate companies. We believe we have chosen a company that is committed and highly focused on sales and technical support with impressive distribution capabilities," commented Mark Newburg, president and CEO of VendingData(TM) Corporation. "AESI will provide complete support for all our products including on site training, repair services, field technical support, troubleshooting, installation, maintenance, pick up and delivery service, and a direct exchange program. AESI provides 24/7 same day support via an integrated highly trained team of sales people, field technicians and repair technicians."
"We are proud to have one of the most highly acclaimed product distribution and support systems in the Gaming Industry. Our customer centric sales and service reputation are clear reasons why VendingData chose AESI and affiliates to distribute and service their products around the world," commented Jim Brendel, president of AESI's gaming division. "We are excited about the opportunity to expand our existing product line offerings to include these table games peripheral products and look forward to launching the ShufflePro and other new products with VendingData over the upcoming year."
About Suzo
Founded in Rotterdam in 1955, Suzo supplies systems and components for the amusement, gaming, casino, and vending industries. Suzo develops and manufactures branded components, electronics, software and systems under the proprietary STC label. Headquartered in the Netherlands, with additional operations in Belgium, Germany, Poland, Spain, the United Kingdom, Brazil and Argentina, Suzo serves customers in over 80 different countries and has achieved a reputation for providing exceptional customer service. For more information on Suzo, visit: http://www.suzo.com/.
About HAPP
Happ was founded in 1986 and is headquartered in Elk Grove Village, IL. The company has additional distribution centers in Las Vegas, NV, Greenville, SC, Indianapolis, IN, Pittsburgh, PA, Minneapolis, MN and Menomonie Falls, WI. The company specializes in the manufacturing and distribution of amusement, gaming, vending and industrial parts and accessories. For more information on Happ, visit: http://www.happ.com/.
About Advanced Electronic Systems, Inc.
Advanced Electronic Systems, Inc (AESI), founded in 1993, represents and supports leading brands for the Gaming Industry such as FutureLogic printers, MEI bill validators, Kortek monitors and Starpoint reel mechanisms and pushbuttons. The Las Vegas, NV and Egg Harbor Township, NJ facilities offer spare parts, repair service and technical support. For more information visit: http://www.gamingstuff.com/.
About VendingData Corporation
VendingData Corporation is a Las Vegas-based developer, manufacturer and distributor of innovative products for the gaming industry. The company's products include the Deck Checker, RandomPlus and PokerOne(TM) shuffler lines, and the Dolphin casino chip product line, which include traditional and high- frequency (13.56 MHz) RFID gaming chips. VendingData's newest innovative products include ShufflePro, the ChipWasher and high-value gaming plaques. Visit the VendingData Web site at http://www.vendingdata.com/.
This release contains forward-looking statements. Such statements reflect and are subject to risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could cause actual results to differ materially from expectations include, but are not limited to, customer and casino acceptance of the new game, regulatory approvals of the new game and the risks and factors described from time to time in the Company's reports filed with the Securities and Exchange Commission, including, but not limited to the Company's Form 10-QSB for the quarter ended March 31, 2007, and, the Company's Annual Report on form 10-KSB for the year ended December 31, 2006
Contact: Company Contact: or Investor Contact:
Michelle Glenn Yvonne L. Zappulla
VP Marketing Managing Director
VendingData(TM) Corporation Grannus Financial Advisors, Inc.
702-733-7195 212-681-4108
mglenn@vendingdata.com Yvonne@WallStreetIR.com
Photo: http://www.newscom.com/cgi-bin/prnh/20020325/LAM034LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
VendingData Corporation
CONTACT: Michelle Glenn, VP Marketing of VendingData(TM) Corporation, +1-702-733-7195, mglenn@vendingdata.com; or Investors, Yvonne L. Zappulla, Managing Director of Grannus Financial Advisors, Inc., +1-212-681-4108, Yvonne@WallStreetIR.com, for VendingData Corporation
Web site: http://www.vendingdata.com/ http://www.gamingstuff.com/ http://www.happ.com/ http://www.suzo.com/
DuPont Tate & Lyle Joint Venture Officially Opens $100 Million Bio-PDO(TM) Facility - the World's First to Produce Propanediol from Corn Sugar U.S. Secretary of Energy Bodman Recognizes Advancements in Bio-Based Technology
LOUDON, Tenn., June 8 /PRNewswire-FirstCall/ -- DuPont Tate & Lyle Bio Products, LLC, an equally owned joint venture of DuPont and Tate & Lyle, today marked the growing demand for products made from its revolutionary Bio-PDO(TM) product here today. U.S. Secretary of Energy Samuel W. Bodman joined senior leaders from DuPont, Tate & Lyle, the joint venture and their customers to see the new production facility first-hand and recognize its official opening.
The Loudon facility produces 1,3-propanediol (Bio-PDO(TM)) from renewable resources - in this case corn sugar - making it the first facility in the world to manufacture this new bio-based product. Bio-PDO(TM) is a versatile, biodegradable and high-performance ingredient that can be used in cosmetics, liquid detergents and industrial applications such as anti-freeze and many other applications that currently use glycols. It also can be used as a monomer to produce unsaturated polyester resins as well as other specialty polymers such as DuPont(TM) Sorona(R) and the latest renewably sourced polymer, DuPont(TM) Cerenol(TM). In addition, renewably sourced Hytrel(R) thermoplastic elastomers and a new line of renewable DuPont automotive finishes are two new product lines scheduled to launch later this year. The first commercial product was sold in November 2006, and demand for new uses of Bio-PDO(TM) continues to grow with nearly a dozen product applications.
"It's encouraging to see industry team up to make incredible advances in bio-based technology, building upon the Department of Energy's efforts to reduce our reliance on imported oil, aggressively confront climate change and help maintain our nation's competitive edge in the global marketplace," Secretary Bodman said. "I've seen tremendous examples today of how private sector investment can make available to consumers more affordable, homegrown and environmentally sensitive products. I commend DuPont Tate & Lyle Bio Products for taking bold steps to maximize domestically grown resources, and I'd like to see more of this type of collaboration."
The joint venture uses a proprietary fermentation process developed jointly by DuPont and Tate & Lyle to produce Bio-PDO(TM) using corn sugar instead of petroleum-based feedstocks. The production of Bio-PDO(TM) consumes 40 percent less energy and reduces greenhouse gas emissions by 20 percent compared to petroleum-based propanediol. Annual production of 100 million pounds of Bio-PDO(TM) will save the energy equivalent of over 15 million gallons of gasoline per year, or enough to fuel more than 27,000 cars - over half the cars in Loudon County, Tenn.
At today's event, the American Chemical Society (ACS) presented the research teams involved in the development of Bio-PDO(TM) with the prestigious 2007 Heroes of Chemistry award. The program highlights the vital role of industrial chemical scientists and their companies in improving human welfare through successful commercial innovations and products. Recipients are selected based on the technical merit of the chemical innovation, including talent and foresight demonstrated by the nominees, the commercial impact of the products on the marketplace, and the benefits to mankind through the products' performance. Representing the teams and organizations receiving the award were: Charlie Nakamura and Cathy Babowitz of DuPont, Dennis Adkesson of Tate & Lyle, and Gregg Whited of Genencor International.
"The Loudon Bio-PDO(TM) production process is on the leading edge of industrial biotechnology," said DuPont Tate & Lyle Bio Products President Steven Mirshak. "We are quickly growing into a business that delivers high performing, renewable products to diverse markets globally. This was the goal and vision of our parent companies. We are enabling our customers to produce high-quality, renewably sourced products based on Susterra(TM) and Zemea(TM) propanediol."
"We began looking at bio-based, renewable materials in 1993 as the natural evolution of DuPont science," DuPont Chairman & CEO Charles O. Holliday, Jr. said. "Today, the growth opportunity is exponential with applications in personal care, automotive, paints, athletic equipment, apparel and more. Bio- PDO(TM) has demonstrated that our approach to integrated science works. We are seeing further evidence of this in the development of advanced biofuels and other renewable products in our pipeline. I am more confident than ever that we as a society are making progress toward building a global economy that addresses energy challenges in a sustainable way."
Tate & Lyle's Chief Executive Iain Ferguson said, "Today's event is the culmination of our companies working together to open up real commercial opportunities and drive scientific advancement. Industrial biotechnology that remains focused on the consumer can help businesses not only reduce their dependence on traditional petrochemical fuel sources - helping companies to cut costs and pollution - but also can deliver more choice and better products for consumers."
Bio-PDO(TM) is available in two grades: Zemea(TM) and Susterra(TM) propanediol. Zemea(TM) has been developed for the personal care and liquid detergent categories where high purity level and low irritation are key product requirements. Susterra(TM) propanediol is ideal for industrial applications such as de-icing fluids, anti-freeze and heat transfer fluids, where its low toxicity and biodegradability are beneficial. To learn more about Susterra(TM) or Zemea(TM) corn-derived propanediol, visit http://www.duponttateandlyle.com/. Today's event was webcast and can be viewed at: http://mediasite.advancedav.com/dupont/register.html.
DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.
The DuPont Oval Logo, DuPont(TM), The miracles of science(TM), Bio-PDO(TM), Sorona(R), Cerenol(TM) and Hytrel(TM) are registered trademarks or trademarks of DuPont or its affiliates.
Susterra(TM) and Zemea(TM) propanediol are trademarks of DuPont Tate & Lyle Bio Products, LLC
For high res images: http://vocuspr.vocus.com/VocusPR30/Newsroom/MultiQuery.aspx?SiteName=DupontNew &Entity=PRAsset&SF_PRAsset_PRAssetID_EQ=106455&XSL=MediaRoomText&PageTitle=Fac t%20Sheet&IncludeChildren=true&Cache=False
DuPont
CONTACT: Michelle Reardon of DuPont, +1-302-774-7447, michelle.s.reardon@usa.dupont.com; Ferne Hudson of Tate & Lyle, +44(0) 20 7977 6143, Ferne.Hudson@tateandlyle.com
Web site: http://www.dupont.com/ http://mediasite.advancedav.com/dupont/register.html
BullMarket.com Examines Chinese Internet Gaming Stocks
PRINCETON, N.J., June 8 /PRNewswire/ -- BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with a report on Chinese Internet gaming stocks, including Shanda Entertainment , GigaMedia , and The9 Ltd. .
All paid and trial subscribers to BullMarket.com can now receive immediate access to the newsletter's exclusive daily reports. As a subscriber, you'll also gain access to our latest investment moves. Start your 14-day free trial today:
https://www.bullmarket.com/subscribe/index.php?refer=BMR248P
In its report, BullMarket.com wrote: "MMORPGs are, in essence, community-oriented online games that are popular in Asia. They delivered $414 million in revenue in Q1, an 8.4% sequential gain. Since the CSP model was just rolling out last year, year-to-year comparisons are almost meaningless, but for the record, in the year-ago quarter the segment revenue was $225 million. That kind of year-over-year growth isn't expected to continue. While playing, gamers can buy upgrades and enhancements, an approach that has proven to be enormously popular for games and lucrative to Shanda."
BullMarket.com looked at the following topics, among others:
-- Last year, why did Bullmarket.com think Shanda's new business model was intriguing while the market was down on the idea? What's in store for the firm going forward?
-- What catalyst could drive GigaMedia shares higher?
-- Is the The9 Ltd. primed to be more than just a one-trick pony relying on one popular game?
-- Which stock in this industry looks the most intriguing today?
About BullMarket.com:
Launched in 1997, BullMarket.com has a strong track record of creating wealth for its subscribers by providing sound, long-term investing advice. The BullMarket.com Recommended List includes about 50 companies across all major industries, including Financials, Healthcare, Energy, Technology, and Retail, among others. BullMarket.com is one of the oldest continuously published investment newsletters online, and its Recommended List has consistently outperformed the major market indices.
NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. 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: Marcie Martin, +1-888-278-5515
Indie Research Advisors, LLC
CONTACT: Marcie Martin of Indie Research Advisors, LLC, +1-888-278-5515
Web site: http://www.bullmarket.com/
Lionbridge Expands Its Microsoft Certification Portfolio with the New 'Certified For Windows Server 2008' ProgramIn its 13th Year, Lionbridge's VeriTest Certification Service Now Testing Applications for Integration with the Next Version of Microsoft's Server Operating System; Complements VeriTest's Microsoft Certified for Windows Vista Program
WALTHAM, Mass., June 8 /PRNewswire-FirstCall/ -- Lionbridge Technologies, Inc., today announced that Microsoft has chosen its VeriTest(R) testing division as a provider of testing and validation services for independent software vendors (ISVs) seeking the Microsoft Certified for Windows Server 2008 designation for their applications. During the past 13 years, Lionbridge has enabled thousands of ISVs in the Microsoft ecosystem to maximize the reach of their application through comprehensive application development, testing, certification, and localization services. As a longstanding Microsoft certification partner, Lionbridge provides ISVs with a consistent experience from previous tests and ensures a quick and streamlined process that allows ISVs to quickly gain certification status and begin marketing their products.
Available today, VeriTest Pre-Certification services help ISVs prepare software products for the Certified for Windows Server 2008 logo. The VeriTest team will assess a pre-release version of the product for compliance with the Test Specification test cases that will most likely cause products to fail the official test. The pre-certification report will enable the correction of most logo compliance issues without disrupting product's release schedules.
VeriTest offers a Fast Pass to ISVs that are committed to having one or more products certified in time for the launch of Windows Server 2008. This Fast Pass allows ISVs to avoid the last minute rush and reserve their place at the head of the queue when logo testing becomes available.
"Certification programs through VeriTest help ISVs manage each stage of the process, including pre-certification and code maintenance. Our global project management and longstanding expertise in Microsoft certification creates a clear path for developers around the world to develop and release reliable applications that are compatible with Microsoft platforms," said Steve Nemzer, vice president, global development and test, Lionbridge. "This new certification program builds on our successful relationship with Microsoft and its ISV partners, who continue to rely on Lionbridge's VeriTest service to ensure the reliability, compatibility and usability of applications worldwide."
VeriTest pioneered product certification testing together with Microsoft in 1994 when it helped launch the first Designed for Windows logo program. Today, VeriTest is an authorized solutions partner for many Microsoft certification programs, including the Microsoft Certified for Windows Vista Program. The test services from VeriTest enable current and prospective ISV members of the Windows partner ecosystem to quickly and cost-effectively ensure that their applications meet the Microsoft specifications.
"We have worked with Lionbridge and its VeriTest division for many years to deliver quality certification tests across a full range of products," said Joseph Landes, director of product management, Windows Server Division at Microsoft Corp. "Through the combination of tools on the Web site, the pre- certification test, and reducing the actual test duration in half without any compromise to quality, we've reduced the overall cost of certifying applications for Windows Server 2008 by roughly 50 percent."
Microsoft announced the Windows Server 2008 logo program in a separate announcement http://www.microsoft.com/presspass/features/2007/jun07/06-05WinServer08.mspx . For more information about Certified for Windows Server 2008 testing through VeriTest, and to request a certification test today, visit http://www.lionbridge.com/cfw2008 .
About Lionbridge
Lionbridge Technologies, Inc. is a leading provider of globalization and testing services. Lionbridge combines global resources with proven program management methodologies to serve as an outsource partner throughout a client's product and content lifecycle - from development to globalization, testing and maintenance. Global organizations in all industries rely on Lionbridge services to increase international market share, speed adoption of global products and content, and enhance their return on enterprise applications and IT system investments. Based in Waltham, Massachusetts, Lionbridge maintains solution centers in 25 countries and provides services under the Lionbridge(R) and VeriTest(R) brands. To learn more, visit http://www.lionbridge.com/ .
Lionbridge, Freeway, and Logoport are trademarks or registered trademarks of Lionbridge Technologies, Inc. in the US and throughout the world. All other trademarks are the property of their respective owners.
Contacts:
Sara Buda Jason King
Lionbridge Lois Paul & Partners
(781)434-6190 (781)782-5793
sara.buda@lionbridge.com jason_king@lpp.com
Lionbridge Technologies, Inc.
CONTACT: Sara Buda of Lionbridge, +1-781-434-6190, sara.buda@lionbridge.com; or Jason King of Lois Paul & Partners for Lionbridge, +1-781-782-5793, jason_king@lpp.com
Web site: http://www.lionbridge.com/ http://www.lionbridge.com/cfw2008
Shanda Licenses Woool, Magical Land and Crazy Kart to Overseas Markets
SHANGHAI, China, June 8 /Xinhua-PRNewswire/ -- Shanda Interactive Entertainment Limited , or Shanda, a leading interactive entertainment media company in China, announced today that it has recently entered into license and distribution agreements for its in-house developed online games World of Legend, or Woool, and Crazy Kart in Vietnam, and agreements for Magical Land and Crazy Kart in Hong Kong and Macao.
Shanda entered into two agreements with Vietnam-based online game operator IT Investment and Development Company, or VTC Intecom. Under the agreements, VTC Intecom will be granted the exclusive rights to operate Woool and Crazy Kart in Vietnam for a term of three years. Crazy Kart entered open beta testing in Vietnam on June 2. Under the two parties' joint efforts, the game is performing very well and has attracted more than 200,000 registered users. The game is expected to be commercialized in late-June. Woool is scheduled to enter closed beta testing in Vietnam in July, 2007.
Shanda also entered into two agreements with the Hong Kong-based online game operator CSOFT. Under the agreements, CSOFT will be granted the exclusive rights to operate Magical Land and Crazy Kart in Hong Kong and Macao. Both games are expected to enter closed beta testing at the end of June, 2007.
Woool was the first MMORPG developed in-house by Shanda. The game was commercially launched in September 2003 and attracted over 600,000 peak concurrent users in 2005. The game was also selected as "The Best Online Game" at the 2006 China Digital Interactive Entertainment Industry Annual Awards.
Magical Land is Shanda's first in-house developed cartoon-style MMORPG, which features colorful graphics, cute characters and compelling storylines. The game is particularly popular among Shanda's female users in China. In 2006, Magical Land was recognized with "The Most Healthy Online Game Award" at the 2006 China Digital Interactive Entertainment Industry Annual Awards.
Crazy Kart is one of Shanda's most successful in-house developed casual games currently in operation in China. The game's unique cartoon style, graphic design style and competitive game modes have made Crazy Kart a popular hit among users and earned it praise from the professional media in China. Crazy Kart was recognized as the "Best Sports Game in China" at the 2006 Interactive Entertainment Industry Annual Awards.
"As China's leading online game developer and operator, we are excited to introduce our in-house developed online games to markets overseas, and we look forward to successful partnerships with VTC Intecom and CSOFT," said Mr. Tianqiao Chen, Chairman and CEO of Shanda. "While offering our high quality entertainment content to overseas users, we will also provide Shanda's mature operating technologies and platform products to our partners to make further success. The partnerships with VTC Intecom and CSOFT mark important early milestones in our efforts to actively seize future opportunities in overseas markets."
About Shanda Interactive Entertainment Limited
Shanda Interactive Entertainment Limited is a leading interactive entertainment media company in China. Shanda offers a portfolio of diversified entertainment content including some of the most popular massively multi-player and casual online games in China, along with online chess and board games, network PC games and a variety of cartoons, literature works and music. Shanda's interactive entertainment platform attracts a large and loyal user base, of which more and more is coming from homes. Each user can interact with thousands of others and enjoy the interactive entertainment content that Shanda provides. Interaction enriches your life. For more information about Shanda, please visit http://www.snda.com/ .
Safe Harbor Statement
This announcement contains forward-looking statements that are based on current expectations, assumptions, estimates and projections about the Company and the industry. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the statements regarding the appeal of Crazy Kart, Magical Land and Woool to game users in Vietnam, Hong Kong and Macao, and anticipated growth opportunities in overseas markets. These forward-looking statements involve various risks and uncertainties. Although the Company believes that its expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct. Important risks and uncertainties could cause actual results to be materially different from expectations include but not limited to the risk that the beta testing or commercial launch of Crazy Kart, Magical Land and Woool in Vietnam, Hong Kong and Macao may be delayed or canceled, Crazy Kart, Magical Land and Woool may not be well received by users in Vietnam, Hong Kong and Macao, the impact of competition overseas, and the risks set forth in Shanda's filings with the U.S. Securities and Exchanges Commission, including Shanda's annual report on Form 20-F.
For more information, please contact:
Shanda Interactive Entertainment Limited
Frank Liang
Director of Corporate Financing and Investor Relations
Shanda Interactive Entertainment Ltd.
Tel: +86-21-5050-4740 (Shanghai)
Email: IR@shanda.com.cn
Crocker Coulson (investors):
Email: crocker.coulson@ccgir.com
Elaine Ketchmere (media):
Email: elaine.ketchmere@ccgir.com
CCG Elite
Phone: +1-310-231-8600 (USA)
Shanda Interactive Entertainment Limited
CONTACT: Frank Liang, Director of Corporate Financing and Investor Relations of Shanda Interactive Entertainment Ltd., +86-21-5050-4740 (Shanghai), or IR@shanda.com.cn; or Crocker Coulson (investors), crocker.coulson@ccgir.com; or Elaine Ketchmere (media), elaine.ketchmere@ccgir.com; or CCG Elite, +1-310-231-8600 (USA)
Web site: http://shandaentertainment.com/
Towerstream Applauds FCC Spectrum 3650 MHz Band Decision
MIDDLETOWN, R.I., June 8 /PRNewswire-FirstCall/ -- On Thursday, June 7, the Federal Communications Commission (FCC) announced its decision to uphold its 2005 non-exclusive licensing scheme for the 3650-3700 MHz band (3650 MHz band) spectrum. Towerstream Corporation, a leading fixed WiMAX service provider, commended the FCC's decision to enable flexible use of this spectrum which should benefit consumers and businesses.
"We applaud the FCC for the time and exhaustive diligence they spent considering all the issues surrounding the 3.650 Band," said Jeff Thompson, President and CEO of Towerstream. "This unique licensing scheme provides Towerstream additional tools to deploy affordable alternative broadband services across the US. In addition, we are pleased the FCC is protecting satellite owners who also need to utilize this spectrum.
About Towerstream
Towerstream is a leading fixed wireless service provider in the U.S., delivering high-speed Internet access to businesses. Founded in 2000, the company has established pre-WiMAX networks in markets such as New York City, Los Angeles, Chicago, San Francisco, Seattle, Miami, the greater Boston area, and Providence and Newport, RI, and continues to expand coverage throughout the United States. The company was the first carrier selected to join the WiMAX Forum to assist leading vendors in establishing industry compliance with international broadband wireless access standards and cross-vendor interoperability.
Safe Harbor
Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.
For more information, visit http://www.towerstream.com/.
Towerstream Corporation
CONTACT: Media Contact, Kristin Conforti of Dukas Public Relations, +1-516-320-6839, Kristin@dukaspr.com; or Investor Contact, Terry McGovern of Vision Advisors, +1-415-902-3001, mcgovern@visionadvisors.net, both for Towerstream
Web site: http://www.towerstream.com/
ADVISORY: Interwoven Launches 'Interwoven Live,' a Weekly Web Seminar Series on Optimizing Content to Drive Growth
SUNNYVALE, Calif., June 8 /PRNewswire-FirstCall/ -- Interwoven, Inc. , a global leader in content management solutions, today announced Interwoven Live, a new weekly series of live 35-minute Web seminar presentations and demonstrations focused on how organizations can unlock the value of content to fuel top-line growth.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030430/IWOVLOGO)
"The Interwoven Live seminar series is reflective of the engaging, interactive experiences our solutions deliver," said Ben Kiker, chief marketing officer at Interwoven. "As demonstrated by the dialogue at our recent GearUp user conference in San Francisco, optimizing content to drive growth is top of mind with our customers. Interwoven Live is an extension of that dialogue, where we will discuss how organizations can leverage content to achieve powerful outcomes -- transforming their online presence, extending and protecting their brand, and increasing business velocity to take advantage of new market opportunities."
The Interwoven Live seminar series provides both IT and marketing professionals with a venue to have a live, two-way dialogue on a range of topics that represent some of the most significant challenges and opportunities businesses face today. Participants will benefit from the insight and best practices of customers, partners, and Interwoven domain experts, and events will cover topics including customer implementation stories, solution demonstrations, and thought leadership on how to leverage today's biggest trends for maximum business result.
Following are details on the Interwoven Live schedule for June. To register for an Interwoven Live event, visit here (http://www.interwoven.com/events/online/ce/Interwoven_Live_Landing_Page.htm).
Webcast: How a Global Organization Significantly Transformed Its Web
Presence
Date: Friday, June 8, 2007
Time: 11:00 AM PT // 1:00 PM CT // 2:00 PM ET
Click Here to Register
(http://www.interwoven.com/events/online/ce/Interwoven_Live_Landing_Page.htm)
Register now and find out how:
-- Interwoven's world-class professional services organization, CSO, has
developed a number of best practices that improves the effectiveness of
content management initiatives. In this presentation, hear how
Interwoven has used this model to help organizations reduce time-to-
change, improve globalization and localization abilities, and adhere to
corporate governance.
Webcast: Achieve Rapid Site Rollout and Empower Content Creators with
Interwoven TeamSite and Interwoven SitePublisher
Date: Friday, June 15, 2007
Time: 11:00 AM PT // 1:00 PM CT // 2:00 PM ET
Click Here to Register (http://www.interwoven.com/events/online/ce/Interwoven_Live_Landing_Page.htm)
Register now and find out how:
-- Interwoven SitePublisher enhances Web content management by providing a
platform for creating, deploying, and managing Websites more easily
than with standard approaches.
-- What-you-see-is-what-you-get (WYSIWYG), component-based publishing
environment enables business professionals to quickly build dynamic Web
pages and sites from templates, and then easily customize their
presentation, content, and functionality to meet changing business
needs
Webcast: Increase the Value of Your Portal with Dynamic Content
Date: June 22, 2007
Time: Friday, 10:00 AM PT // 12:00 PM CT // 1:00 PM ET
Click Here to Register (http://www.interwoven.com/events/online/ce/Interwoven_Live_Landing_Page.htm)
Register now and find out:
-- How your enterprise portal can aggregate and secure applications and
content in one place.
-- How portals can provide a user-friendly approach to author and publish
content in a standard and dynamic way, all while adhering to IT
standards and control.
-- How Interwoven has improved methods for integrating your content into
enterprise portals with Interwoven TeamPortal 3.0.
-- How this new integration will help you deliver dynamic and targeted
content in your portal with less burden on IT and improved enterprise
search and usability for end users.
Webcast: Convert from Paper to Digital
Date: Friday, June 29, 2007
Time: 10:00 AM PT // 12:00 PM CT // 1:00 PM ET
Click Here to Register (http://www.interwoven.com/events/online/ce/Interwoven_Live_Landing_Page.htm)
Register now to learn:
-- How several customers converted paper documents into digital images
that are now secure, easy to find, and simple to maintain.
-- Learn how you can have a more efficient business model and save
hundreds of business hours per week by scanning documents and having
them available online.
If you cannot make these dates, the Webcasts will be recorded and a replay will be made available 24 to 48 hours after its completion. For more information visit our events page.
About Interwoven
Interwoven is a global leader in content management solutions. Interwoven's software and services enable organizations to effectively leverage content to drive business growth by improving the customer experience, increasing collaboration, and streamlining business processes in dynamic environments. Our unique approach combines user-friendly simplicity with robust IT performance and scalability to unlock the value of content. Today, more than 3,800 enterprise and professional services organizations worldwide have chosen Interwoven, including: adidas, Airbus, Avaya, Cisco, DLA Piper, the Federal Reserve Bank, FedEx, HSBC, LexisNexis, Microsoft, Samsung, Shell, Samsonite, White & Case, and Yamaha. Over 20,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit http://www.interwoven.com/.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030430/IWOVLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Interwoven, Inc.
CONTACT: Danielle Hamel of Interwoven, Inc., +1-408-530-7043 dhamel@interwoven.com
Web site: http://www.interwoven.com/
China Grentech Won Bids for TD-SCDMA Coverage Equipment From Both China Mobile and China Telecom
SHENZHEN, China, June 8 /Xinhua-PRNewswire-FirstCall/ -- China GrenTech Corporation Limited ("the Company" or "GrenTech") today announced that it won bids from both China Mobile Limited ("China Mobile Group") and China Telecommunication Corporation ("China Telecom") to supply TD-SCDMA wireless coverage equipment for the expanded TD-SCDMA technique trial network.
The win with China Mobile Group came through the first centralized bidding process for China Mobile Group's TD-SCDMA wireless coverage products. This is another win for the Company garnered through China Mobile Group's large scale centralized bidding process. This contract demonstrates that GrenTech has become the qualified supplier of wireless coverage equipment for China Mobile Group's TD-SCDMA trial network, and also furthers GrenTech's initiative to increase its market share from China Mobile Group.
The expanded TD-SCDMA technique trial networks have been deployed in ten cities in China, among which, networks in eight cities will be constructed by China Mobile Group, while networks in the other two cities will be constructed by China Telecom and China Netcom (Group) Company Limited ("China Netcom") respectively.
As a leading provider of wireless coverage solutions in China, GrenTech has established a business relationship in 2001 with China Mobile Group, the largest wireless telecommunication network operator in China and largest capital investor in wireless coverage solutions. The Company has since become one of the major wireless coverage solution providers for China Mobile Group. Additionally, GrenTech is also a major wireless coverage solution provider for China Telecom.
About China GrenTech Corporation Limited
GrenTech is a leading radio frequency ("RF") technology developer and a leading provider of wireless coverage products and services to telecommunication operators in China. The Company uses RF technology to design and manufacture wireless coverage products, which enable telecommunication operators to expand the reach of their wireless communication networks to indoor and outdoor areas, such as buildings, highways, railways, tunnels and remote regions.
Based on its in-house RF technology platform, the Company also develops and produces base station RF parts and components sold to base station equipment manufacturers. China GrenTech is a qualified supplier of RF parts and components to six major base station equipment manufacturers such as Huawei Technologies, ZTE, Datang Mobile, etc. For more information, please visit our website at http://www.grentech.com.cn/ .
For more information, please contact:
Investor Contact:
Dora Li, IR Director
China GrenTech Corp Ltd.
Tel: +86-755-8350-1796
Email: lidongmei@powercn.com
Investor Relations (HK):
Ruby Yim
Taylor Rafferty
Tel: +852-3196-3712
Email: GrenTech@Taylor-Rafferty.com
Investor Relations (US):
Delia Cannan
Taylor Rafferty
Tel: +1-212-889-4350
Email: GrenTech@Taylor-Rafferty.com
Media Contact:
John Dooley
Taylor Rafferty
Tel: +1-212-889-4350
Email: GrenTech@Taylor-Rafferty.com
China GrenTech Corporation Limited
CONTACT: Investor Contact - Dora Li, IR Director of China GrenTech Corp Ltd., +86-755-8350-1796, or lidongmei@powercn.com; Delia Cannan, Investor Relations (US) for Taylor Rafferty, +1-212-889-4350, or GrenTech@Taylor- Rafferty.com; Ruby Yim, Investor Relations (HK) for Taylor Rafferty, +852- 3196-3712, or GrenTech@Taylor-Rafferty.com; John Dooley, Media Contact for Taylor Rafferty, +1-212-889-4350, or GrenTech@Taylor-Rafferty.com
SIVOO Announces Strategic Partnership With Integrated Sports to Exclusively Broadcast World Championship Mexican Boxing Event on SIVOO.comNow Anyone with an Internet Connection Can Tune into this Highly Anticipated Pay-Per-View Event at SIVOO.com
PHILADELPHIA, June 8 /PRNewswire-FirstCall/ -- SIVOO Holdings, Inc. (BULLETIN BOARD: SIVO) , operator of the first Internet TV network of multicultural on-demand entertainment programming, today announced an exclusive distribution agreement with Integrated Sports for the Internet broadcast rights to the World Championship Mexican Boxing Event that will be featured on DISH Network Pay-Per-View on July 13, 2007 at 7 pm PST.
The highly anticipated boxing match will be broadcasted live from Gomez Palacio, Durango Mexico, and will feature Cristian Mijares, the World Boxing Council (WBC) Super Flyweight Champion (31-3-2), who recently defeated world champion Jorge Arce last month. While the event was previously only available to DISH Network customers, now anyone with an Internet connection can tune in via http://www.sivoo.com/ and access the fight for a pay-per-view fee of $19.95 in English and Spanish.
"SIVOO is excited to have the exclusive opportunity to bring the excitement of World Championship Boxing from Mexico to people around the world," said Burhan Fatah, SIVOO's founder and chief executive officer. "Latino sports have a strong following and now viewers have more choice and flexibility as to when and where they watch live sporting events. We look forward to securing the rights to additional high-demand Latino sporting events -- from boxing to soccer -- in the future."
"By bringing this live event to online viewers around the globe, we see tremendous opportunity to leverage the excitement among fans and their support for Latino athletes," said Doug Jacobs, president, Integrated Sports. "We felt that the strength of SIVOO's platform and reputation for quality programming made it the best partner for this project. We look forward to working with SIVOO on more projects to expand the reach and profit potential of PPV."
The event will feature three championship matches:
-- Cristian Mijares will defend his World Boxing Association (WBA) World
Super Flyweight title vs. Teppei "Tippy" Kukui
-- Eric Ramirez vs. Lorenzo "Explosivo" Trejo for the WBA World Minimum
Weight Elimination Championship
-- Gamaliel "Platano" Diaz and Naoki Matsuda for the WBC World
Featherweight Elimination Championship
Following the live event, SIVOO will provide the opportunity for viewers to access the World Championship Boxing Event on-demand via SIVOO.com. SIVOO will also earn revenue from the TV and Broadband distribution of the show.
About SIVOO
Founded in 2000, SIVOO Holdings, Inc. (BULLETIN BOARD: SIVO) operates the first Internet TV network of multicultural on-demand entertainment. It serves the fastest growing segments of the U.S. population with more than 22,000 hours of quality on-demand content under contract that is delivered through an Internet browser to PCs, televisions, portable devices and mobile phones.
Only SIVOO gives consumers the choice of watching ad-supported on-demand multicultural entertainment for free or without ads for a nominal fee. SIVOO's proprietary system currently serves video through Microsoft Windows Media Player via any Web browser.
SIVOO is headquartered in Philadelphia, PA, and has a production facility in Universal City, CA. For more information, please visit http://www.sivoo.com/.
SIVOO is a trademark of SIVOO Holdings, Inc. All other trademarks are the property of their respective owners.
SAFE HARBOR STATEMENT
The statements contained in this press release that are not historical facts are forward-looking statements based on current expectations of future events that involve risks and uncertainties including, without limitation, risks associated with the inherent uncertainty of the timing and success of high technology hardware and software research; new product development; the market pricing of media content and related products and services; changes in consumer demand for Internet access to media content, commercialization of new products and services; Internet or network outages or failures; breaches of Internet, network, or system security; changes in network infrastructure, transmission methods and broadband technologies; adoption of new broadband Internet access technologies; economic conditions including interest and currency exchange rate fluctuations; changes in generally accepted accounting principles; the impact of competitive products or services; trade buying patterns; wars or terrorist acts; product liability and other types of lawsuits; the impact of legislation and regulatory compliance; and patent, licensing, and other intellectual property risks and uncertainties. Actual results may vary materially from the forward-looking statements. The Company assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. When used in this release and documents referenced, the words "believes," "expects," "may," "should," "seeks," or "anticipates," and similar expressions as they relate to SIVOO or its management are intended to identify such forward- looking statements.
Media Contact:
Jessica Grutkowski
Euro RSCG Magnet for SIVOO
212-367-6804
sivoopr@eurorscg.com
Investor Contact:
Amy Glynn
Cameron Associates for SIVOO
212-554-5464
amy@cameronassoc.com
SIVOO Holdings, Inc.
CONTACT: Media, Jessica Grutkowski of Euro RSCG Magnet, +1-212-367-6804, sivoopr@eurorscg.com, Investors, Amy Glynn of Cameron Associates, +1-212-554-5464, amy@cameronassoc.com, both for SIVOO
Web site: http://www.sivoo.com/
ST Journal Presents Latest Research Findings in Wireless Sensor Networks
GENEVA, June 8 /PRNewswire-FirstCall/ -- STMicroelectronics , a leader in wireless and sensor technology, has published its latest issue of the ST Journal of Research focusing on Wireless Sensor Networks. Previous issues, similarly focused on a particular technology theme, have presented details on the Company's advanced research efforts on MEMS and Multimedia Streaming Technologies.
Wireless Sensor Networks (WSNs) are the key enablers of Ambient Intelligence, a vision establishing a smart, friendly, and context-aware environment that can detect and respond to specific human needs. WSNs are composed of miniature and interconnected smart devices that interact with each other seamlessly, creating an environment where computing and networking technology coexist with people in a ubiquitous and pervasive way.
WSN devices, which have been referred to as 'smart dust,' are complex integrated systems implementing a combination of functions including communication, security and signal or application processing. Because of the breadth of functions, research work in this field encompasses several domains, including sensor technology, radio-frequency communication, ad-hoc networks, low-power microcontrollers, transduction principles, energy management and middleware. The interoperability of WSNs with existing technologies such as the Internet, broadband wireless networks or database management systems is an important driver and consideration for the adoption and proliferation of WSNs.
STMicroelectronics has been among the first companies to enter the WSN market with the introduction of sensors, low-power microcontrollers, wireless radio devices, and other components in its portfolio. STMicroelectronics is a promoter of the Zigbee(TM) alliance, an industry consortium working on the definition of network, security and application layers towards truly interoperable WSNs.
The editors of the ST Journal of Research have collected eleven technical papers addressing both system overviews and specific design topics. In the system overview arena, this issue covers ad-hoc networking technologies for WSN, radio-frequency issues, the integration of WSNs with the Internet, the mass-market adoption of Zigbee(TM) solutions, techniques for source and node localization and the usage of WSN and MEMS for posture and activity recognition. Papers on specific design solutions cover a broad spectrum: the impact of impulsive interference on network throughput and energy consumption, medium-access control schemes in the IEEE 802.15.4a standard, solutions for the trade-off between power consumption and die area, and the usage of elliptic curve cryptography coprocessors for security issues.
"Mastering different system and process-technology domains is necessary to provide winning WSN solutions," said Jim Nicholas, Microcontroller Division General Manager, STMicroelectronics. "This issue of the ST Journal aims at sharing and exchanging the results of the activities of ST and its research partners in this field with the technical community worldwide."
The ST Journal of Research aims to facilitate knowledge sharing and exchange on key research issues, methodologies, and solutions. ST publishes its journal in electronic format and is available at http://www.st.com/stonline/press/magazine/stjournal/index.htm.
About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2006, the Company's net revenues were $9.85 billion and net earnings were $782 million. Further information on ST can be found at http://www.st.com/.
STMicroelectronics
CONTACT: Michael Markowitz of STMicroelectronics, +1-212-821-8959, michael.markowitz@st.com
Web site: http://www.st.com/
UMC Reports Sales for May 2007
TAIPEI, Taiwan, June 8 /Xinhua-PRNewswire-FirstCall/ -- United Microelectronics Corporation (NYSE: UMC; TAIEX: 2303), (UMC) today reported unaudited net sales for the month of May 2007.
Revenues for May 2007
Period 2007 2006 Y/Y Change Y/Y (%) M/M (%)
May 8,220,010 8,503,690 -283,680 -3.34% +1.09%
Jan.-May 39,376,734 41,351,158 -1,974,424 -4.77% N/A
(*) All figures in thousands of New Taiwan Dollars (NT$), except for
percentages.
Additional information about UMC is available on the web at http://www.umc.com/ .
Contacts:
Bowen Huang / Dylan Lee
UMC, Investor Relations
Tel: +886-2-2700-6999 ext. 6957
Email: bowen_huang@umc.com
dylan_lee@umc.com
United Microelectronics Corporation
CONTACT: Bowen Huang, or Dylan Lee, both of UMC, Investor Relations, +886-2-2700-6999, ext. 6957, or bowen_huang@umc.com, or dylan_lee@umc.com
Web site: http://www.umc.com/
Tyco International to Host Investor Day on June 19, 2007
PEMBROKE, Bermuda, June 7 /PRNewswire-FirstCall/ -- Tyco International Ltd. will host an investor meeting on Tuesday, June 19, 2007 at 8:00 am (EST) in New York City to update investors on its planned June 29 separation into three independent publicly-traded companies. This follows the decision today by the staff of the U.S. Securities and Exchange Commission to declare effective the Form 10 registration statements for Covidien Ltd. and Tyco Electronics. The investor meeting will be held at the Equitable Center located at 787 Seventh Avenue (between 51st and 52nd Streets) in New York City.
The program will include presentations from Ed Breen -- Chairman and CEO of Tyco International, Tom Lynch -- CEO of Tyco Electronics and Rich Meelia -- President and CEO of Tyco Healthcare (Covidien) as well as select members of their management teams. Each of the three Companies will be making presentations and conducting Question & Answer sessions on their respective businesses. The schedule for the day is:
Registration 7:00 a.m.
Tyco International Ltd. 8:00 a.m.
Tyco Electronics Ltd. 11:00 a.m.
Covidien Ltd. 2:00 p.m.
To register for this event, go to the address below: http://www.zoomerang.com/survey.zgi?p=WEB226KC4RG2GT
Tyco invites investors and the general public to view a webcast of the meeting in listen-only mode on the company's website at: http://www.tyco.com/. A replay of the web cast and the supporting presentation materials will be available at the same web site.
Tyco International Ltd. is a global, diversified company that provides vital products and services to customers in four business segments: Electronics, Fire & Security, Healthcare, and Engineered Products & Services. With 2006 revenue of $41 billion, Tyco employs approximately 240,000 people worldwide. More information on Tyco can be found at http://www.tyco.com/.
Tyco International Ltd.
CONTACT: media, Paul Fitzhenry, +1-609-720-4261, pfitzhenry@tyco.com, or investor relations, Ed Arditte, +1-609-720-4621, or Karen Chin, +1-609-720-4398, all for Tyco International Ltd.
Web site: http://www.tyco.com/ http://www.zoomerang.com/survey.zgi?p=WEB226KC4RG2GT
Sanmina-SCI Announces Pricing of Senior Floating Rate Notes Offering
SAN JOSE, Calif., June 7 /PRNewswire-FirstCall/ -- Sanmina-SCI Corporation announced today that it has priced an offering of $300 million aggregate principal amount of Senior Floating Rate Notes due 2010 (the "2010 Notes") and $300 million aggregate principal amount of Senior Floating Rate Notes due 2014 (the "2014 Notes"). The 2010 Notes will bear interest at a rate per annum, reset quarterly, equal to three-month LIBOR plus 2.75%, payable in cash quarterly in arrears. The 2014 Notes will bear interest at a rate per annum, reset quarterly, equal to three-month LIBOR plus 2.75%, payable in cash quarterly in arrears. The notes will be fully and unconditionally guaranteed on a senior, unsecured basis by substantially all of Sanmina-SCI's domestic restricted subsidiaries. The notes are being offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The issue price of the notes is 100%. The transaction is expected to close on June 12, 2007, subject to satisfaction of customary closing conditions.
Sanmina-SCI intends to use the net proceeds from the sale of notes in the offering, together with cash on hand, to repay its existing term loan under the Credit and Guaranty Agreement, dated as of October 13, 2006, among Sanmina-SCI, its subsidiaries party thereto as guarantors, the lenders party thereto and Bank of America, as administrative agent, and to pay fees and expenses incurred in connection with the offering of the notes.
This announcement is neither an offer to sell nor a solicitation to buy any of the foregoing securities.
The securities will not be registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state laws.
Sanmina-SCI Corporation
CONTACT: SANMF, +1-408-964-3610
Web site: http://www.sanmina-sci.com/
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