Companies news of 2007-06-11 (page 2)
Surfect Holdings, Inc. Completes Bridge Funding
Consolidated Graphics to Acquire the Cyril Scott Company
Commonwealth of Kentucky Launches Public Safety Network with Harris Stratex Networks-...
IPO Education Foundation Honors Top Inventor of 2007Upright(TM) MRI Inventor Recognized...
AT&T Enhances Online Tool for Optimal Customer CommunicationAT&T Business Connections,...
University of Missouri Furthers Online Collaboration With EMC Information...
AT&T Announces New Contract With 360 Architecture Inc.Missouri-Based Architectural...
Hansen and Walker Merge Sedgwick Rd. and TM Advertising
SRA Announces Senior Management PromotionsTimothy J. Atkin and John M. Gilligan Promoted...
eCollege(R) Furthers Commitment to Standards Compliance, Supporting IMS Global Learning...
Bookham to Feature Fully Qualified Ultra-High Power Fiber Laser Pump at LASER 2007Leading...
SkillSoft to Host Live Leadership Development Channel Event Featuring Marshall...
AT&T Wins Voice and Networking Services Contract From AAR CORP.Multiproduct Contract...
iPhone2, Inc. Reaches Lockdown Agreement with Major Shareholders
Advisory - Zarlink Semiconductor Inc. (NYSE/TSX:ZL) to Ring The Closing Bell(SM) at NYSE -...
Vimicro Launches a New Generation of High Performance Web Camera Processors to Enable Web...
Measurement Specialties Announces Settlement of Outstanding Litigation
MSC.Software Announces that David Fetah has Joined the Company as Vice President of Human...
Alliance Consulting's President & CEO Anthony Ibarguen Named Ernst & Young Entrepreneur of...
SGI Joins Bio-IT Alliance to Help Advance Scientific DiscoverySGI Collaboration Will Aid...
SAP and Vistex Extend Reseller Agreement to Serve Distributors and Manufacturers...
Tyler Technologies Signs Contract With State of Indiana to Provide Odyssey Courts Software...
Websense Unveils Industry's First Information Leak Prevention Software with Web...
CCID Consulting: China's DVD Exports Slowed Down, Testing Enterprises' Survival Capacity
ITC^DeltaCom Announces Refinancing Commitments to Recapitalize the CompanyNOTE TO EDITORS:...
WD Makes the World a Bigger Place With 1.5 TB and 750 GB My Book(TM) World(TM) Shared...
Air National Guard Takes Off With Aruba Networks for First Responder PreparednessWireless...
Informatica and Deloitte Consulting Announce Strategic Alliance for Enterprise Information...
Middle East's Largest-Ever Exhibition of China Suppliers Opens Today in Dubai
Digital Watermarking Alliance Reports Industry Demand for Anti-Piracy, Imagery, Broadcast...
Surfect Holdings, Inc. Completes Bridge Funding
ALBUQUERQUE, N.M., June 11 /PRNewswire-FirstCall/ -- Surfect Holdings, Inc. (BULLETIN BOARD: SUFH) , today announced that it has signed definitive agreements for the issuance of $1,500,000 of Secured Senior Convertible Promissory Notes and a total of 660,000 shares of common stock in a private placement with certain accredited investors. The Notes bear interest at an annual rate of 10%, are convertible under certain circumstances at the investor's option into debt or equity securities of the Company, and will mature on the earlier of October 29, 2007 or upon the consummation by the Company of a debt or equity financing in which the Company receives proceeds of at least $1.5M. Pursuant to the terms of the transaction, the Notes are secured by the assets of the Company and of the Company's wholly-owned subsidiary, Surfect Technologies, Inc.
Details of the Convertible Senior Notes can be found in a Current Report on Form 8-K filed with the Securities and Exchange Commission on June 7, 2007.
The shares of common stock issued in connection with the financing were offered and issued solely to accredited investors in a transaction that is exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, as amended, and/or Regulation D promulgated under the Securities Act. This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock or other securities.
The company intends to use a portion of the proceeds from the Notes to expand sales of its unique 200mm and 300mm Wafer bumping and Wafer Packaging tools and for business growth as the Company expands its revenue in 2007.
About Surfect Holdings, Inc.
Surfect Holdings, through its wholly-owned operating subsidiary, Surfect Technologies, Inc., designs and manufacturers an innovative and revolutionary single-cell electroplating tool and process that utilizes the semiconductor industry's first programmable Plating Computer(TM). Surfect's machines fabricate high performance, low-cost interconnects, providing immediate solutions to the back-end of the semiconductor manufacturing process. Surfect currently has been issued three patents and has six patents pending. Additional information is available on the Surfect Technologies Website at http://www.surfect.com/.
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.
Contacts
Investor Relations:
Terry McGovern, Vision Advisors, Inc.
Email - mcgovern@visionadvisors.net, ph - (415) 902-3001
or
Bryan Smyth, Smyth Consulting Group
Email - smythconsulting@sbcglobal.net, ph - (858) 480-2880
Surfect Holdings, Inc.
CONTACT: Terry McGovern of Vision Advisors, Inc., +1-415-902-3001, mcgovern@visionadvisors.net, for Surfect Holdings, Inc.; or Bryan Smyth of Smyth Consulting Group, +1-858-480-2880, smythconsulting@sbcglobal.net, for Surfect Holdings, Inc.
Web site: http://www.surfect.com/
Consolidated Graphics to Acquire the Cyril Scott Company
HOUSTON, June 11 /PRNewswire-FirstCall/ -- Consolidated Graphics, Inc. announced today that it has signed a memorandum of understanding to acquire The Cyril Scott Company, headquartered in Lancaster, Ohio. The present management team, led by Leslie "Mac" McClelland, will remain with the company following the completion of the transaction.
The Cyril Scott Company, founded in 1959, is a commercial printing company with 18 heat set in-line finishing web presses that enable the company to offer a wide variety of sizes and capabilities to its diverse customer base. A recognized leader in the bind-in market, Cyril Scott produces multi-featured print products for the direct mail market including pop-up, pop-out, nested designs and kiss cut sticker options, as well as specialty laser labels and clean release cards. In addition to being AIB and FDA accepted, Cyril Scott provides high-security printing, producing gaming devices, coupons and collectibles.
"The employees of Cyril Scott have built an impressive company with unique capabilities," commented Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics. "We are very excited about the opportunity to expand our presence in the Midwest by acquiring a company known for its creativity and an innovative spirit that is always striving to expand its capabilities in order to better serve its customers."
"This acquisition is another example of a key element of our growth strategy -- to expand our geographic footprint and market leadership position through the strategic acquisition of high quality, well managed companies that enhance the solutions we can offer our customers," continued Mr. Davis. "We have created a very powerful model for long-term growth in sales and profits by combining the operating strengths of the companies we acquire with Consolidated Graphics' considerable strategic and economic advantages."
Also commenting on the announcement, Mr. McClelland said, "I have followed the growth of Consolidated Graphics with interest and feel that this combination will ensure the continuation of Cyril Scott's reputation for excellence in the marketplace and will offer our employees an opportunity for continued growth and development."
Consolidated Graphics (CGX), headquartered in Houston, Texas, is North America's leading general commercial printing company. With 68 printing facilities, 12 fulfillment and two technology centers strategically located across 27 states and Canada, CGX offers an unmatched geographic footprint with extensive capabilities supported by an unparalleled level of convenience, efficiency and service.
CGX has the largest and most technologically advanced sheetfed printing capability in North America, a sizeable and strategically important web printing capability, industry-leading digital printing services, a rapidly growing number of fulfillment centers and proprietary Internet-based technology solutions. CGX offers the unique service ability to respond to all printing-related needs no matter how large, small, specialized or complex. With locations in or near virtually every major U.S. market, as well as Toronto, CGX offers highly responsive service and convenient access to a vast capabilities network through a single point of contact at the local level. For more information, visit the Consolidated Graphics Web site at http://www.cgx.com/.
This press release contains forward-looking statements, which involve known and unknown risks, uncertainties or other factors that could cause actual results to materially differ from the results, performance or other expectations implied by these forward-looking statements. Consolidated Graphics' expectations regarding future sales and profitability assume, among other things, stability in the economy and reasonable growth in the demand for its products, the continued availability of raw materials at affordable prices, retention of its key management and operating personnel, as well as other factors detailed in Consolidated Graphics' filings with the Securities and Exchange Commission. The forward-looking statements, assumptions and factors stated or referred to in this press release are based on information available to Consolidated Graphics today. Consolidated Graphics expressly disclaims any duty to provide updates to these forward-looking statements, assumptions and other factors after the day of this release to reflect the occurrence of events or circumstances or changes in expectations.
Consolidated Graphics, Inc.
CONTACT: G. Christopher Colville, Executive Vice President-Chief Financial Officer of Consolidated Graphics, Inc., +1-713-787-0977; or Christine Mohrmann or Alexandra Tramont, both of FD, +1-212-850-5600, for Consolidated Graphics, Inc.
Web site: http://www.cgx.com/
Commonwealth of Kentucky Launches Public Safety Network with Harris Stratex Networks- Successful installation and testing complete on initial segment of $28.3 million IP-based microwave network for Kentucky Emergency Warning System and state-wide digital transport -
RESEARCH TRIANGLE PARK, N.C., June 11 /PRNewswire-FirstCall/ -- The Commonwealth of Kentucky last week tested the first traffic on its new high- capacity, digital wireless information network designed to support public safety communications and a wide range of voice, video and data services. Harris Stratex Networks, Inc. , the leading independent supplier of turnkey wireless network solutions, is under contract to upgrade the Kentucky Emergency Warning System (KEWS), an analog microwave system. Funding in the amount of $28.3 million has been allocated since the contract was awarded in February 2006.
Built in 1976, KEWS, Kentucky's public safety network, is one of the country's largest and most successful state-wide networks for emergency services. Harris Stratex Networks designed and is constructing the IP-based network upgrade, which is based on the company's advanced, highly scalable TRuepoint(R) digital microwave radio system. Harris Stratex Networks' NetBoss(R) Service Assurance solution will manage service delivery and quality of service (QoS) on the network. The company is serving as systems integrator for the project, including site planning and the installation of all network facilities, equipment and technologies.
The new digital KEWS network will provide state-wide public safety communications interoperability, allowing agency personnel to communicate over a secure, highly survivable system that supports law enforcement agencies, fire fighters and other emergency service organizations. It will also enable state-wide mobile data solutions for the public sector and 911 interconnectivity of land-based and cellular phone environments.
"Public safety remains our top priority and this project is key and essential for the protection of life and property for every community in the Commonwealth. Upgrading the KEWS system allows us to use advanced, future- ready technologies to meet national and state Homeland Security objectives," said Alecia Webb-Edgington, executive director of the Kentucky Office of Homeland Security. "With this upgrade, KEWS will continue to be the cornerstone of our interoperability strategies by supplying a secure and redundant communication system and enable our public safety agencies to meet Governor Fletcher's charge of protecting the Commonwealth."
"Today we usher in a new era for our public safety agencies as we lay the foundation for their technology future. With Governor Fletcher championing this project, collaboration between state, local, and federal entities has been a success," said Mark Rutledge, Commissioner of Technology. "The digital network will allow us to provide our first responders with modern technologies and continue the Commonwealth's leadership position in public safety infrastructure".
"Harris Stratex Networks is proud to provide its technology and expertise to fulfill the Commonwealth's requirement-building a highly survivable, statewide communications network," said Jayne Leighton, vice president, North American Sales and Services, Harris Stratex Networks. "Our TRuepoint(R) product family meets today's connectivity needs, with an eye on future network requirements and services. The Commonwealth is a perfect example of how a high-bandwidth microwave backbone can easily connect geographically dispersed agencies and infrastructure. This solution greatly benefits the Kentucky agencies most critical to the public's safety and security, and offers a wide range of benefits to other state organizations and programs."
The network is based on Harris Stratex Networks' TRuepoint(R) digital microwave radio family, a highly versatile, scalable platform ideally suited for Kentucky's transport requirements. TRuepoint(R) is capable of carrying both TDM and IP traffic simultaneously, enabling easy migration of TDM networks to IP, and the addition of new bandwidth-intensive IP-based services, including mobile data traffic and video, as the network evolves.
The NetBoss system will provide continuous oversight and management of the statewide microwave radio elements, and monitor all environmental and site alarms, a function essential to the 24/7 operation of the emergency system. KEWS personnel will be able to manage every aspect of the network-from the advanced IP/MPLS backbone, to the wireless communications equipment, environmental elements and contact closures-from a single location.
About Commonwealth of Kentucky
The Commonwealth of Kentucky has heightened its focus on interoperability, as it is one of only two states selected by SAFECOM to take part in a First Responder Voice Communication Project to provide a state-wide strategy for interoperable radio voice communications for state and local agencies. SAFECOM is managed by the U.S. Department of Homeland Security and provides guidelines and assistance for local, tribal, state and federal public safety agencies working to improve public safety response through effective and efficient interoperable wireless communications. The Wireless Information Network is crucial to SAFECOM's Kentucky initiative as migration to a digital network is essential to achieve these interoperability goals and will ensure improved public safety communications. The Wireless Information Network project is an effort under the Kentucky Wireless Interoperability Initiative. More information on the KEWS upgrade project can be found at: http://kews.ky.gov/upgrade.htm
About Harris Stratex Networks, Inc.
Harris Stratex Networks, Inc. is the world's leading independent supplier of turnkey wireless network solutions. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognised around the world for innovative, best- in-class wireless networking solutions and services. For more information, visit http://www.harrisstratex.com/.
Harris Stratex Networks, Inc.
CONTACT: Media, Kami Spangenberg of Harris Stratex Networks, +1-919-767-5238, Kami.Spangenberg@hstx.com
Web site: http://www.harrisstratex.com/ http://www.harris.com/
IPO Education Foundation Honors Top Inventor of 2007Upright(TM) MRI Inventor Recognized for Patented Innovation on Capitol Hill
WASHINGTON, June 11 /PRNewswire-USNewswire/ -- Intellectual Property Owners Education Foundation today announced the winner of the 2007 National Inventor of the Year Award. The program, now in its 34th year, honors the spirit of American innovation and the protection offered to inventors by the patent system. Dr. Raymond V. Damadian will be recognized for his breakthrough in diagnostic medicine tonight on Capitol Hill.
Professor Raymond Damadian, M.D. is currently President and Chairman of FONAR Corporation , Melville, New York. Dr. Damadian is being recognized for his development of Upright(TM) Magnetic Resonance Imaging (MRI) technology. This invention allows physicians to image patients in various weight-bearing positions in order to view tissues or analyze the spine, joints, or bones for fractures under the strain of normal use rather than in a prone position. The device also allows doctors to image the cardiovascular system when the body is upright and blood is being propelled against gravity.
The system is equipped with an MRI-compatible motorized patient handling system that moves the patient into the magnet and places the anatomy of interest into the center of the magnet gap. It also can rotate the vertically- oriented patient into a horizontal position so the patient can be scanned lying down as in conventional MRI scanning.
The Upright MRI scanner can examine any part of the body under its normal functional load. This is particularly useful given the human body and its many components are dynamic. Upright MRI can scan a patient in virtually any position that reproduces pain or other symptoms. From the patient's perspective, the scanner's open configuration may make MRI imaging more comfortable.
"We are delighted to honor Dr. Damadian with this award," said IPO Foundation President Harry J. Gwinnell. "His contributions to the field of magnetic resonance imaging, particularly with the Upright(TM) MRI technology for which we salute him today, have been critical in advancing modern medicine's diagnostic and treatment capabilities."
Currently, Dr. Damadian has patents pending on a 360 degree or "room size" MRI, which allows surgeons complete access to a patient in the operating room during MRI scans, providing immediate diagnostic analysis of the surgery and allowing a surgeon to see images of the tissues as surgery is being performed. In this fashion, surgeons will be able to adapt operational procedures and techniques and can view lesions such as tumors in detail to be certain that they have removed 100% of the diseased tissue. The first of these devices was installed in January 2006 by FONAR Corporation, which Dr. Damadian founded in 1978, at Oxford University in England. Further research is underway.
IPO Education Foundation, in conjunction with Intellectual Property Owners Association (IPO), is at the forefront of not only educating consumers about the patent process but ensuring that the rights of patent holders are protected. IPO is the only association in the United States that serves all intellectual property owners in all industries and all fields of technology.
Presented by IPO Foundation, the Inventor of the Year award is the best known honor for recent American inventors, having gone previously to those responsible for the development of the Jarvik Seven Artificial Heart, Bose speaker technology and other patented breakthrough inventions.
The Inventor of the Year ceremony will take place tonight in the Caucus Room at the Cannon House Office Building. Interested press can attend by contacting Samantha Grover at 202-521-6730.
About IPO Education Foundation
Intellectual Property Owners Education Foundation, a non-profit subsidiary of Intellectual Property Owners Association (IPO), was established in 2005 to educate the public on the importance of intellectual property rights to the national and global economies. IPO Foundation conducts programs to:
-- Broaden public understanding of systems for protecting intellectual
property
-- Sponsor awards for the purpose of recognizing outstanding achievement
in the fields of invention, creativity, and IP rights
-- Publish reports dealing with legal, economic, and other aspects of
intellectual property
Donations to the foundation by individuals are tax deductible to the extent allowed by law. To find out more about IPO Education Foundation programs or how to make a donation, call 202/466-2396.
Intellectual Property Owners Education Foundation
CONTACT: Samantha Grover of Intellectual Property Owners Education Foundation, +1-202-521-6730, samantha@ipo.org; or Daniel Culver of FONAR Corporation, +1-631-694-2929, d.culver@fonar.com
AT&T Enhances Online Tool for Optimal Customer CommunicationAT&T Business Connections, Part of AT&T BusinessDirect, Enables Enterprise Customers to Better Collaborate With AT&T
SAN ANTONIO, June 11 /PRNewswire-FirstCall/ -- AT&T Inc. has announced the launch of an enhanced online tool, AT&T Business Connections(SM), which is part of the AT&T BusinessDirect(R) Portfolio. The new tool will help AT&T's enterprise business customers better facilitate and strengthen collaboration with their AT&T account team. The service is available to AT&T enterprise business customers at no extra charge, and enables customers to effectively streamline their communication with AT&T in a secure online environment across various time zones.
Through AT&T Business Connections, AT&T customers will have advanced document collaboration capabilities that permit users to share, modify and track changes to important documents, as well as to assign authorized access privileges at the user level on a document-by-document basis. Other collaborative features include a powerful search tool to easily find specific documents, as well as the ability to send and receive messages with a built-in date and time-stamped running history for systematic version control. The real-time communications capabilities of AT&T BusinessConnections will help customers more effectively communicate with AT&T for their evolving business needs.
"We've designed this comprehensive collaboration and support service to create a secure online workstation for all of our enterprise business customers who rely on flexible communications tools to instantly respond to changing business needs at all times," said Mark Metzendorf, vice president of eSales and Service, AT&T. "We've integrated our application to maximize electronic collaboration through one core system and to eliminate the dependency on the routing of documents. We will continue to leverage technology to make it as easy as possible for our customers to do business with us around the world."
AT&T Business Connections furthers AT&T's vision of offering Internet Protocol (IP)-based converged services to enhance productivity and support new business models. Ultimately, business customers will be able to order, monitor and manage all wireline and wireless services and devices from the AT&T BusinessDirect customer portal.
Recently, the AT&T BusinessDirect service received the top rating for its award-winning customer portal in an independent evaluation by Current Analysis of the top carriers' ability to deliver near real-time network and application-performance information. Current Analysis concluded that AT&T BusinessDirect service provided the most sophisticated link between back-end OSS and BSS capabilities and a comprehensive, user-friendly customer portal.
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
AT&T and the AT&T logo are trademarks of AT&T Knowledge Ventures. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Melissa Mirabile, +1-212-453-2327, mmirabil@attnews.us, or Janet Wyles, +1-908-234-6067, wyles@att.com, both of AT&T
Web site: http://www.att.com/
University of Missouri Furthers Online Collaboration With EMC Information InfrastructureLeading Public University Slashes Time to Backup Microsoft Exchange from Four Hours to Ninety Minutes as Storage Capacity Quadruples
HOPKINTON, Mass., June 11 /PRNewswire/ -- EMC Corporation , the world leader in information infrastructure solutions, today announced that the University of Missouri, one of the nation's largest and most prestigious public research universities, has accelerated the value, performance and reliability of its Microsoft Exchange messaging environment with EMC(R) software, storage and services. This enables the University's more than 50,000 students, faculty, researchers and administrators to collaborate and communicate more effectively, while better protecting Exchange email stores and simplifying IT administration.
Randy Wiemer, Associate Director of IT, said, "University life today is characterized by online communication and collaboration. Professors distribute class assignments via email; students post questions and collaborate on projects; researchers share information electronically; and administrators conduct business online. Consequently, we've seen the volume of emails increase dramatically. Today, the number of concurrent users on our Exchange email system frequently exceeds 15,000 and the size of the files emailed has grown tremendously because people are now sharing large PowerPoint files, Excel spreadsheets, and even videos.
"To accommodate dramatic growth and accelerate the business value of our Exchange environment, we worked with EMC Global Services' Microsoft experts to design an expanded information infrastructure with EMC solutions specifically for Exchange. Since deploying EMC, we've been able to increase employee mailbox quotas by 500 percent and double student mailbox quotas. Our users are enjoying faster, more reliable access to their email regardless of the time of day or night. Even though our Exchange storage capacity has quadrupled, we still manage it with the same number of storage administrators as before because of simplified administration and automation provided by EMC software."
Using EMC software, the University of Missouri implemented an information lifecycle management (ILM) strategy to automate the capture and movement of information across storage tiers, accelerating Exchange backup and recovery and lowering storage administration costs. The University stores Exchange information on two EMC CLARiiON(R) storage systems in separate data centers. Each site is used for production and as a backup for the other site. The University uses EMC SnapView(TM) software to capture point-in-time, full-copy clones of production Exchange data stored on CLARiiON fibre channel, which are also archived via EMC SAN Copy on CLARiiON ATA disks. EMC Replication Manager software, which is designed to tightly integrate with Microsoft Exchange, coordinates clone creation with Microsoft Volume Shadow Copy Service (VSS) to ensure a complete and consistent copy of active Exchange stores without disrupting the application.
"With such strong growth in Exchange data, we needed an efficient backup and recovery solution that could support the increase without adding time to the process," said Wiemer. "Before, backups took about four hours. Now, with EMC's Replication Manager and Microsoft's VSS we can complete the process in just 11/2 hours, even though we're backing up nearly four times as much data. The EMC software also enables virtually instantaneous recovery in the event of file corruption. And by copying the clones to each respective backup system, we have rapid disaster recovery for Exchange should an entire site be lost. We've also set up policies with Replication Manager to automate this entire process, so we've minimized the amount of time and resources needed to manage our backups."
According to Wiemer, the University is planning a smooth migration from Exchange 2003 to Exchange 2007. "Because advanced support for Exchange 2007 is already built into the EMC systems, we will be able to focus on optimizing Exchange services with no need to re-architect our storage infrastructure. That will reduce the time and costs associated with Exchange migration and allow us to deliver the new features our users need more quickly."
In addition to supporting Exchange, the University of Missouri's 200- terabyte EMC information infrastructure includes a third EMC CLARiiON CX system to support the University's high-performance computing environment for research, and to store cardiology images from the University's hospital. The University uses EMC Symmetrix(R) DMX(TM) storage for PeopleSoft applications supporting University administration; EMC Celerra(R) network-attached storage (NAS) to support file-serving applications; and will soon be using EMC Centera(TM) content-addressed storage to archive radiology images from the hospital's PACS system.
About EMC
EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.emc.com/.
EMC, Celerra, CLARiiON, and Symmetrix are registered trademarks, and Centera, SnapView, SAN Copy, and Symmetrix DMX are trademarks of EMC Corporation. Other trademarks are the property of their respective owners.
This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) risks associated with acquisitions and investments, including the challenges and costs of integration, restructuring and achieving anticipated synergies; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (vi) component and product quality and availability; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) insufficient, excess or obsolete inventory; (ix) war or acts of terrorism; (x) the ability to attract and retain highly qualified employees; (xi) fluctuating currency exchange rates; and (xii) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.
EMC Corporation
CONTACT: Patrick Cooley of EMC Corporation, +1-508-293-6583, cooley_patrick@emc.com
Web site: http://www.emc.com/
AT&T Announces New Contract With 360 Architecture Inc.Missouri-Based Architectural Practice Upgrades Network Using AT&T Services
KANSAS CITY, Mo., June 11 /PRNewswire-FirstCall/ -- AT&T Inc. has announced a new networking services contract with 360 Architecture Inc., an architectural practice with headquarters in Kansas City, Mo. Under the terms of the three-year contract, AT&T will serve as the primary data services provider and will deliver Multiprotocol Label Switching (MPLS) Virtual Private Network (VPN) and AT&T Integration services.
With AT&T VPN, 360 Architecture will have complete management control of its network options and will use the service's benefits, including MPLS-based security, any-to-any connectivity, traffic prioritization, Web-based reporting and flexible billing options. Additionally, with AT&T Integration services, 360 Architecture will be able to rely on AT&T to provide industry-leading installation and customer support.
"As an architecture firm, some of the files we share are high-resolution images that require large amounts of bandwidth and can bog down our network," said Jeff Hamer, director of Information Technology, 360 Architecture. "The solution provided by AT&T will allow us to transmit large data files faster and more securely, creating a seamless communication network that will help us increase efficiency within our company."
With this solution, 360 Architecture will experience improved connectivity in voice and data communications for its four locations: Kansas City, Mo., Columbus, Ohio, Des Moines, Iowa, and San Francisco. Along with the support of a newly installed Local Access Network (LAN) infrastructure at 360 Architecture headquarters, the VPN will also allow for faster desktop communications by increasing data transfer speeds from 100MB to 1GB. This will allow 360 Architecture employees to send the larger, bandwidth-intensive data files that are associated with their architecture business at much faster speeds, thus enabling users to view files more quickly and work more efficiently. Additionally, with the solution's remote access feature, employees who are on-site or traveling will have the same level of connectivity to critical business applications and data.
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About 360 Architecture Inc.
360 Architecture, Inc. is an innovative architectural practice that is widely recognized for excellence in planning, design and execution across a diversity of projects, including ballparks and sports arenas, corporate and commercial office buildings, mixed-use entertainment districts, municipal and government facilities, and single- and multi-family residential buildings. 360 Architecture is headquartered in Kansas City, Mo. and has offices in San Francisco, Columbus and Des Moines. http://www.360architects.com/.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2007 AT&T Knowledge Ventures. All rights reserved. AT&T and the AT&T logo are trademarks of AT&T Knowledge Ventures. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Don Brown of AT&T Inc., +1-785-276-5992, don.brown@att.com
Web site: http://www.att.com/ http://www.360architects.com/
Hansen and Walker Merge Sedgwick Rd. and TM Advertising
DALLAS and SEATTLE, June 11 /PRNewswire/ -- Calling it a blending of perfectly complementary agencies, Tom Hansen, president of TM Advertising, and Jim Walker, president and executive creative director of Sedgwick Rd., announced their merger. Both agencies are independents and part of the Interpublic Group of Companies, Inc. . Hansen will serve as president, and Walker as chief creative officer.
The combined resources will focus on innovation, employing a cross-discipline approach to marketing, the ability to invent new ways to reach customers and the development of ideas that build brands and businesses. The agency will also bring an entrepreneurial spirit built upon the foundation of business acumen, which will inspire the team to continuously challenge convention. The agency will be called TM until it is rebranded to better reflect the combined organization.
"Matching the innovation-driven edginess of Seattle and the entrepreneurial mind-set of Dallas gives us a high-energy culture that isn't bound by convention," said Hansen. "We'll build off of a strong core in Dallas and employ the very best people wherever they reside, allowing us to invent an agency that is truly remarkable."
To ensure they were in perfect sync before finalizing the merger, the agencies began working together in October 2006. Both agencies have built on new business success lately, with TM winning new assignments from clients including Discover Network, Idearc Media and Textron and Sedgwick Rd. winning Digeo and Group Health, as well as nontraditional assignments.
"Sedgwick Rd. has a well-deserved reputation as an edgy, creative shop that creates award-winning advertising that gets results. Our work for clients like Washington Mutual and Tower Records is very well known," said Walker. "TM has also done outstanding creative for clients like Nationwide Insurance, American Airlines and Superpages.com but has been best known as a well-established, solid marketing company with strong roots in retail. Together, it's a perfect blend of business acumen, strategic skills and creative excellence."
Hansen and Walker have known each other for years, first meeting when they were at Tracy-Locke in the late '80s, with Walker as executive creative director in Los Angeles and Hansen as creative director in Dallas. Walker moved on to McCann Seattle, eventually remaking that agency into Sedgwick Rd. Hansen left for Leo Burnett and Y&R before founding Square One in Dallas in 1995.
TM Advertising, headquartered in Irving, Texas, and with offices in Austin and Seattle, is an independently managed full-service agency within the McCann Worldgroup, one of the world's largest marketing communications companies. Agency clients include the brands of American Airlines, Bell Helicopter, Discover Network, E-Z-GO, Fossil, Group Health, Krispy Kreme/ICON LLC, Nationwide Insurance, Nintendo, oneworld Alliance, Redhook Ale Brewery, Superpages.com and Texas Tourism. For more information, please visit http://www.tm.com/.
TM Advertising; Sedgwick Rd.
CONTACT: Sarah Avery of TM Advertising, +1-972-830-2267, sarah.avery@tm.com; or Ray Vincenzo of Sedgwick Rd., +1-206-971-4278, ray.vincenzo@sedgwickrd.com
Web site: http://www.tm.com/
SRA Announces Senior Management PromotionsTimothy J. Atkin and John M. Gilligan Promoted to Senior Vice President
FAIRFAX, Va., June 11 /PRNewswire-FirstCall/ -- SRA International, Inc. , a leading provider of technology and strategic consulting services and solutions to federal government organizations, today announced the promotion of two senior executives. Timothy J. Atkin has been promoted to Senior Vice President and Director, Civil Sector; and John M. Gilligan has been promoted to Senior Vice President and Director, Defense Sector.
Atkin will continue to develop and manage SRA's civil government business, which includes providing management consulting, program management, and information technology solutions to assist clients in achieving their missions. He previously served as Vice President and Deputy Director of SRA's Civil Sector and has also directed the Company's homeland security and critical infrastructure protection programs. Before joining SRA in 1999, Atkin was a member of the U.S. Government's senior executive service, served as Chief of Staff to the Deputy Secretary of the Department of Labor, was a director at the National Security Council, and served with the U.S. Coast Guard as a commissioned officer.
Gilligan, who joined SRA in 2005 as Vice President and Deputy Director of the Defense Sector, leads the company's work with the Department of Defense, the defense agencies, the armed services, and their installations. Prior to joining SRA, Gilligan held a number of senior executive positions in a 24-year U.S. government career, most recently serving as the Air Force Chief Information Officer.
"Tim and John have a track record of outstanding achievement in developing new business, working with clients, and managing people," said SRA President and CEO Stanton D. Sloane. "I am pleased to recognize their exceptional performance in this way and look forward to their contributions to SRA and clients in the years ahead."
About SRA International, Inc.
SRA is a leading provider of technology and strategic consulting services and solutions -- including systems design, development, and integration; and outsourcing and managed services -- to clients in national security, civil government, and health care and public health markets. The Company also delivers business solutions for contingency and disaster response planning, information assurance, business intelligence, environmental strategies, enterprise architecture, infrastructure management, and wireless integration.
FORTUNE(R) magazine has chosen SRA as one of the "100 Best Companies to Work For" for eight consecutive years. The Company's 5,200 employees serve clients from its headquarters in Fairfax, Virginia, and offices across the country. For additional information on SRA, please visit http://www.sra.com/.
Any statements in this press release about future expectations, plans, and prospects for SRA, including statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of June 11, 2007. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to June 11, 2007.
SRA International, Inc.
CONTACT: Laura Luke of SRA International, Inc., +1-703-803-1856, Laura_Luke@sra.com
Web site: http://www.sra.com/
eCollege(R) Furthers Commitment to Standards Compliance, Supporting IMS Global Learning Consortium InitiativesCompany Supports Seamless Flow of Content and Applications between Providers and the eCollege System
DENVER, June 11 /PRNewswire-FirstCall/ -- eCollege(R) , a leading provider of eLearning and enrollment services to post-secondary education, today announced its ongoing commitment to standards compliance, further working to support such specifications as the IMS GLC Common Cartridge and IMS GLC Learning Tools Interoperability (LTI). Additionally, Matthew Schnittman, president of eCollege's eLearning Division, has been elected to serve on the IMS GLC Board of Directors where he will join the group in collaborating on standards that impact learning technology.
"We continue to look for ways to provide our customers with seamless access to a variety of third party content and applications, and the IMS GLC specifications present a great opportunity to advance the interoperability of our system and options for our customers," said Matthew Schnittman, president of the eCollege eLearning Division. "I am honored to join the IMS GLC Board of Directors, as I believe that the Board, eCollege, and the industry, as a whole, will benefit from the collaboration of this influential group in shaping and expanding technical standards in education."
Through eCollege's support of the IMS GLC Common Cartridge, which enables content delivery from a commonly supported format, eCollege customers will be able to easily and cost-effectively access a wide variety of content to further customize their online courses and programs. eCollege's commitment to the Common Cartridge defines yet another way the Company is helping institutions quickly build and grow their programs, while also extending opportunities to create the highest quality and most engaging student experience.
As IMS GLC continues to develop LTI, which leverages standard API's to improve the interaction of various tools with a learning/course management system, eCollege expects to use the specifications to enhance its own framework. eCollege's commitment to LTI will make it easier for institutions to leverage and integrate other third party applications, resources and systems with the eCollege System.
"The world of Internet-supported learning continues to expand to encompass a wide range of capabilities including publisher digital assets, learning resource Web sites, rich media, assessment, and integrated classroom technology, and our goal is to enable seamless inclusion of best-of-breed components," said Rob Abel, CEO of IMS GLC. "We are pleased to see eCollege providing leadership for the benefit of their customers, partners, and the industry by making a commitment to the further development and adoption of Common Cartridge, LTI and the open interoperability work of IMS GLC."
About eCollege
eCollege is a leading provider of eLearning and enrollment services to post-secondary and K-12 education. The Company's eLearning Division designs, builds and supports some of the most successful, fully online degree, certificate/diploma and professional development programs in the country. The Company's Enrollment Division, Datamark, Inc., helps institutions build new enrollments and increase student retention. Customers include publicly traded for-profit institutions, community colleges, public and private universities, school districts and state departments of education. eCollege was founded in 1996 and is headquartered in Chicago, with the eLearning Division headquartered in Denver. Datamark was founded in 1987 and is headquartered in Salt Lake City. For more information, visit http://www.ecollege.com/ and http://www.datamark.com/.
This news release contains statements that are not historical in nature and that may be characterized as "forward-looking statements" within the meaning of the securities laws. Examples of these forward-looking statements would include statements about the expected benefits to customers of our products or services and any other statements that are not historical facts. These statements are based on management's current expectations and are subject to a number of uncertainties and risks. Actual performance and results may differ materially from those reflected in these forward-looking statements due to general financial, economic, regulatory and political conditions affecting the Company's industries as well as the more specific risks and uncertainties facing the Company, including those identified in the Company's reports on Form 10-K, Form 10-Q and Form 8-K filed with the U.S. Securities and Exchange Commission ("SEC"), which you are encouraged to review in connection with this release. You should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release.
eCollege is a registered trademark of eCollege.
eCollege
CONTACT: Kristi Emerson of eCollege, +1-303-915-9574, kristie@eCollege.com
Web site: http://www.ecollege.com/ http://www.datamark.com/
Bookham to Feature Fully Qualified Ultra-High Power Fiber Laser Pump at LASER 2007Leading high power laser diode manufacturer to strengthen its fiber laser portfolio
ZURICH, Switzerland, June 11 /PRNewswire-FirstCall/ -- Bookham, Inc. , a leading provider of optical components, modules and subsystems, is to launch a fully qualified, ultra-high power, un-cooled multimode laser module for fiber laser pumping at LASER 2007 in Munich next week.
The un-cooled single emitter module, incorporating the latest generation of multimode pump laser chips from the Bookham Zurich facility, delivers 8 to 10W light output power at 940-960nm from a multimode fiber with 105µm core diameter and 0.15 or 0.22 numerical aperture. The module is designed to support current and next generation fiber laser systems by providing increased brightness while retaining high reliability and cost-effectiveness.
To achieve full qualification, the module's laser chip has undergone a rigorous 5000h accelerated lifetest under various test conditions. The module itself has also been subjected to a 2000h lifetest at 10A injection current and 45 degrees C heat sink temperature.
"With the new higher power pump modules, Bookham continues to build on its leading position in the fiber laser market," said Berthold Schmidt, director of product marketing for High Power Lasers. "In addition to requiring increasing high brightness, our customers also demand exceptional reliability; we are demonstrating this at LASER with the release of the qualified pump module. We will also show new data that highlights the exceptional ability of our seed laser module, which is being used in pulsed fiber lasers."
The seed laser butterfly module has been characterized at very high peak currents of up to 5A with 200ns pulses. During a 2000h lifetest, the modules have proven their long term stability in the pulsed operation mode. The module incorporates a high power 1060nm single-mode laser diode including a thermistor and a back-facet monitor.
At its stand (number B3.149) Bookham will be demonstrating how its high power laser diodes can be configured into pump units to scale the power needed for different fiber laser requirements. Bookham will partner with customers to demonstrate end applications of its laser diode products, including CW and pulsed fiber lasers for cutting, welding, micromachining, and marking.
In addition to showcasing its technology at the exhibition, Bookham will be delivering two technical papers: 'Broad area single emitter (BASE) modules with improved brightness' and 'Brightness Scaling of High Power Laser Diode Bars'. Bookham will also give two talks at the "Photonics Forum - Talking Trends" entitled 'High performance laser diode bars are setting the pace for industrial systems' and 'Increasing brightness of single emitter pump lasers scales direct diode and fiber laser applications'.
About Bookham
Bookham is a leading manufacturer and independent, vertically integrated supplier of high performance, high reliability industrial laser diodes across many markets, including industrial, medical, display, analytical, printing, aerospace and defense.
The company boasts two decades of experience as a leader in laser diode development, continued investment in technology and customer support, and offers scalability for cost efficient, high volume production through the use of advanced automated manufacturing processes in its state of the art facility in Zurich.
Bookham was the first company to offer 120W 9xxnm diode bars and is a leader in the market for single emitter 8W pigtailed laser modules for fiber laser pumping. The company's diversified high power laser diode offering ranges from 8W pigtailed multimode modules to 120W bars and 2.4kW fast axis collimated stacks.
More information on Bookham, Inc. is available at http://www.bookham.com/
Bookham and all other Bookham, Inc. product names and slogans are trademarks or registered trademarks of Bookham, Inc. in the USA or other countries.
Bookham, Inc.
CONTACT: Julie Molloy of Bookham, Inc., +44 (0) 1327 350581, julie.molloy@bookham.com; or Helen Lyman Smith, helen@bcspr.co.uk, or Howard Jones, howard@bcspr.co.uk, both of BCS Public Relations, +44 (0) 115 948 6901, for Bookham, Inc.
Web site: http://www.bookham.com/
SkillSoft to Host Live Leadership Development Channel Event Featuring Marshall GoldsmithAttendees will learn how behavioral coaching can impact performance and make leaders even more successful
NASHUA, N.H., June 11 /PRNewswire-FirstCall/ -- SkillSoft PLC , a leading provider of e-learning and performance support solutions for global enterprises, government, education and small- to medium- sized businesses, today announced it will host a live Leadership Development Channel(TM) event, Coaching for Success: How Successful People Get Even Better, featuring best-selling author and America's preeminent executive coach, Marshall Goldsmith.
Who: Marshall Goldsmith is a professor at Alliant International University's Marshall Goldsmith School of Management, which was named in his honor in 2006. He has been recognized by BusinessWeek as one of 50 great leaders in the United States, and is the author of 22 books, including The Leader of the Future and Coaching for Leadership.
What: Mr. Goldsmith will be featured in a live, interactive, video event entitled Coaching for Success: How Successful People Get Even Better. A world authority in helping successful leaders achieve positive, measurable change in behavior, Goldsmith will discuss how to use his proven coaching techniques for behavioral change.
In addition, attendees will learn:
-- How to understand their role in the coaching process and the key belief
structures that support or hinder behavioral change
-- An eight-step approach for behavioral coaching
-- The keys to achieving positive, measurable, long-term change in
behavior
Following Mr. Goldsmith's talk, participants will have the opportunity to ask him questions pertaining to their own organization, during a virtual 30-minute Q&A session.
When: Tuesday, June 26, 2007 at 12:00 p.m. EDT
Where: In addition to being broadcast over the Web, this live virtual event will be simulcast at a number of regional locations where interested parties can gather together to watch and participate in the discussion with Mr. Goldsmith. For more information or to find the location nearest you, please visit http://seminars.skillsoft.com/events/series.asp
SkillSoft's Leadership Development Channel(TM) (LDC) is a unique collection of on-demand video learning programs designed to accelerate performance and success at all levels of an organization. Featuring best-selling business authors, experts and CEOs, the LDC delivers compelling advice and best practices in a dynamic, engaging and easily consumable video format, enabling companies to bring the gurus and concepts at the forefront of the business community into their organizations in a highly efficient, cost-effective manner. In addition to a growing collection of Leadership and CEO QuickTalks and Video On-Demand Programs, the LDC provides subscribers with access to Live Leadership Events. These live, interactive presentations have featured the most recognized and sought-after thought leaders including Marcus Buckingham, Stephen Covey, Ken Blanchard and more.
To learn more about subscribing to the Leadership Development Channel and participating in live events such as these, please visit: http://www.skillsoft.com/products/LDC/default.asp
About SkillSoft
SkillSoft PLC is a leading provider of e-learning and performance support solutions for global enterprises, government, education and small to medium-sized businesses. SkillSoft enables business organizations to maximize business performance through a combination of comprehensive e- learning content, online information resources, flexible learning technologies and support services.
Content offerings include business, IT, desktop, compliance and consumer/SMB courseware collections, as well as complementary content assets such as Leadership Development Channel video products, KnowledgeCenter(TM) portals, virtual instructor-led training services and online mentoring services. The Books24x7(R) division offers online access to more than 15,000 digitized IT and business books, as well as book summaries and executive reports. Technology offerings include the SkillPort(R) learning management system, Search-and-Learn(R), SkillSoft(R) Dialogue(TM) virtual classroom, and SkillView(R) competency management software.
SkillSoft courseware content described herein is for information purposes only and is subject to change without notice. SkillSoft has no obligation or commitment to develop or deliver any future release, upgrade, feature, enhancement or function described in this press release except as specifically set forth in a written agreement.
SkillSoft, the SkillSoft logo, SkillPort, Search-and-Learn, SkillChoice, Books24x7, ITPro, BusinessPro, OfficeEssentials, GovEssentials, EngineeringPro, FinancePro, AnalystPerspectives ExecSummaries, ExecBlueprints, Express Guide and Dialogue are trademarks or registered trademarks of SkillSoft PLC in the United States and certain other countries. All other trademarks are the property of their respective owners.
Contacts:
Donna Keenan Ed Hadley
SkillSoft PAN Communications, Inc.
603.821.3211 978.474.1900
Donna_Keenan@SkillSoft.com SkillSoft@pancomm.com
SkillSoft PLC
CONTACT: Donna Keenan of SkillSoft, +1-603-821-3211, Donna_Keenan@SkillSoft.com; or Ed Hadley of PAN Communications, Inc., +1-978-474-1900, SkillSoft@pancomm.com
Web site: http://www.skillsoft.com/ http://seminars.skillsoft.com/events/series.asp
AT&T Wins Voice and Networking Services Contract From AAR CORP.Multiproduct Contract Minimizes Costs While Maximizing Flexibility for Aerospace Industry Service Provider
CHICAGO, June 11 /PRNewswire-FirstCall/ -- AT&T Inc. has announced a two-year voice and networking services contract with AAR CORP., a global product and value-added services provider for the aerospace and aviation industries. Under the terms of the contract, AT&T will provide AAR with a OneNet voice solution and will offer AT&T's full breadth of voice services under a single contract. AAR will be able to apply a wide variety of call management, routing and processing features to its global enterprise and will minimize costs while maximizing flexibility.
AAR, which is located in Wood Dale, Ill., serves airline and defense customers from more than 40 locations worldwide in four primary areas: aviation supply chain; maintenance, repair and overhaul; structures and systems; and aircraft sales and leasing.
AT&T will provide Multiprotocol Label Switching (MPLS)-enabled Private Network Transport (PNT) service to integrate the company's corporate headquarters with its locations around the world. As part of the network services upgrade, AT&T will work with equipment vendors to deliver new routers and hardware at more than 30 locations. These fully managed network integration services include the staging, deployment and installation of all hardware and network elements. The new MPLS-based wide area network (WAN) will increase the efficiency of data transmission and traffic among the company's global offices.
AT&T will further provide Internet security solutions to enhance AAR's commitment to its clients. AT&T's fully managed security services include AT&T's Network-Based Firewall service, which is a secure, cost-effective solution that manages and controls employee access to the Internet and prevents unauthorized access to the corporate network. AT&T Internet Protect, a security-alerting and notification service that offers advanced information regarding potential real-time attacks, will enhance AAR's robust network security against viruses, worms and other cyber threats.
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About AAR CORP.
AAR is a leading provider of products and value-added services to the worldwide aviation/aerospace industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve airline and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems and Aircraft Sales and Leasing. More information can be found at http://www.aarcorp.com/.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2007 AT&T Knowledge Ventures. All rights reserved. AT&T and the AT&T logo are trademarks of AT&T Knowledge Ventures. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Tom Hopkins, +1-312-696-3634, thomashopkins@att.com, or Bryan Blaise, +1-312-932-2831, bblaise@attnews.us, both of AT&T Inc.
Web site: http://www.att.com/ http://www.aarcorp.com/
iPhone2, Inc. Reaches Lockdown Agreement with Major Shareholders
ALBUQUERQUE, N.M., June 11 /PRNewswire-FirstCall/ -- iPhone2, Inc. (Pink Sheets: IPHE), today announced that by overwhelming vote the majority stock holders have agreed to enter into a lockdown agreement, locking down over 23,000,000 shares out of the 32,787,769 free trading shares currently in the float for the next 120 days.
"Our recent decline in share price seems to have been driven by a relatively small amount of selling, rather than by the company's fundamentals," stated Charles Greenberg, iPhone2's Chairman. "I'm delighted I've been able to secure a lockdown agreement from the majority of our shareholders while we complete pending acquisitions and filings for the OTCBB." Greenberg added, "As we continue to execute our business plan I'm confident the market will respond accordingly."
iPhone2, Inc. is an innovative Voice and Video over Internet Protocol communication provider offering residential and commercial customers affordable and user-friendly ways to communicate more efficiently. iPhone2's OfficePhone2.0 is the Next Generation of Communication Products enabling small-to-midsized companies to enjoy the benefits and features of large, expensive phone systems without the prohibitive initial expense or ongoing maintenance costs.
About iPhone2, Inc.
iPhone Inc. http://www.iphone2.com/ (Pink Sheets: IPHE), iPhone2, Inc is an innovative Voice and Video over Internet Protocol communication provider offering residential and business customers user friendly and affordable ways to communicate more effectively.
For more information, please visit http://www.iphone2.com/, or contact the Company at info@iphone2.com 561-952-0300, x 101
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although iPhone2 believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be correct. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by iPhone2 or any other person that the objective and plans of iPhone2 will be achieved.
iPhone2, Inc.
CONTACT: iPhone2, Inc., +1-561-952-0300, ext. 101, info@iphone2.com
Web site: http://www.iphone2.com/
Advisory - Zarlink Semiconductor Inc. (NYSE/TSX:ZL) to Ring The Closing Bell(SM) at NYSE - Monday, June 11th, 2007
OTTAWA, June 11 /PRNewswire-FirstCall/ -- Zarlink Semiconductor Inc. will visit the New York Stock Exchange today (Monday, June 11th) to celebrate the company's 26th anniversary as a listed company on the exchange. To celebrate this occasion, Zarlink President and CEO Kirk Mandy and Senior Vice President of Finance and CFO Scott Milligan will ring The Closing Bell at the NYSE.
Photo/video
Photos available via Associated Press/New York (212-621-1902), Reuters America (646-223-6285) and Bloomberg Photo (212-617-3420). The Closing Bell(SM) (starting at 3:55 p.m.) feed is available via fiber line at Ascent media #1630.
Webcast
A live webcast of The Closing Bell (beginning at 3:55 p.m.) will be available on the homepage of nyse.com.
ZARLINK SEMICONDUCTOR
CONTACT: Zarlink Semiconductor: Laura Slater, High Road Communications, (613) 688-1192, LSlater@HighRoad.com; NYSE: Annmarie Gioia, (212) 656-5437
Vimicro Launches a New Generation of High Performance Web Camera Processors to Enable Web 2.0 Applications
BEIJING, June 11 /Xinhua-PRNewswire-FirstCall/ -- Vimicro Corporation , a leading fabless semiconductor company that designs advanced mixed-signal multimedia products and solutions, today announced the launch of its latest web camera processor, the VC0336, targeting attachable web cameras and laptop-embedded cameras. The VC0336 offers a vast array of functions for enhancing web camera multimedia experiences such as HD (High Definition) video recording, audio recording, auto focus, and audio noise cancellation, etc. This state-of-the-art design is a versatile web camera solution that brings a new and enhanced experience to Internet users in the era of Web 2.0, in that the everyday Internet user can create and share video content freely and conveniently.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070528/CNM014LOGO )
"Vimicro is the leading supplier of web camera image processors, and the VC0336 is the most advanced web camera processor in the market today," said Jun Zhu, vice president and general manager of PC multimedia Product Unit of Vimicro. "The VC0336 represents a significant advance in web camera processor technology, as it not only supports high-quality video conference, but also the creation of personal digital movies in HD resolution, which is critical for Internet video applications in the era of Web 2.0."
The VC0336 is the premier choice for providing the advanced streaming video capabilities critical to some of the latest PCs and notebooks targeting high-end web camera applications. Vimicro's innovative processor already has been adopted in some of the latest products offered by the world's leading web camera and notebook vendors. The VC0336 can stream video at 60 frames per second (fps) with a resolution of 0.3 mega pixels, 30 fps with a resolution of 1.3 mega pixels, and 20 fps with a resolution of 2.0 mega pixels.
The VC0336 is also equipped with two high-quality audio channels, which allow PC cameras utilizing the processor to sample two streams of audio signals from two different microphones, simultaneously. The VC0336 offers users a high-quality audio experience and is fully compliant with Microsoft's UAA (Universal Audio Architecture) standard and is integrated with the newest Microphone Array technology. As a result of Vimicro's new HFA (High Fidelity Audio) and Beam-Forming technology, the VC0336 supports extremely clear audio conversation regardless of a web camera user's environment.
"Powered by the latest breakthrough in audio/video processing from the Microsoft-Vimicro Multimedia Technology Center, the VC0336 represents a significant advance in web camera processor technology," said Mike Yu, Director of Microsoft-Vimicro Multimedia Technology Center and vice president of Vimicro. "Over the past four years, Vimicro and Microsoft have cooperated in real-time multimedia communications and 3C convergence areas. The collaboration has already resulted in cutting-edge web camera and embedded notebook-camera solutions. We will keep the fast pace of innovation in this field to empower more and more web 2.0 applications."
About Vimicro
Vimicro International Corporation is a leading fabless semiconductor company in China designing, developing and marketing proprietary digital multimedia signal processing chips and solutions enabling multimedia applications for mobile phones over 2.5G/3G networks and PCs over broadband Internet.
http://www.vimicro.com/english
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070528/CNM014LOGO PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840
Vimicro Corporation
CONTACT: Meghan Weber / Nicole Blake, of Stanton Communications, +1-212-616-3601, or mweber@stantoncomm.com, or nblake@stantoncomm.com; or Sheena Shen / Haizhen Du of Vimicro Corporation, +86-10-6894-8888, or sheenshen@vimicro.com, or duhaizhen@vimicro.com
Web Site: http://www.vimicro.com/english
Measurement Specialties Announces Settlement of Outstanding Litigation
HAMPTON, Va., June 11 /PRNewswire-FirstCall/ -- Measurement Specialties, Inc. , a designer and manufacturer of sensors and sensor-based systems, announced that it has reached a settlement in the DeWelt and Samuel lawsuits.
The DeWelt Case, filed in July 2002 by Robert DeWelt, a former employee, was based on a constructive discharge claim associated with the Company's 2002 restatement. On Friday, June 08, 2007, the Company entered into a settlement agreement with DeWelt in the amount of $1.05 million. Additionally, on May 7, 2007 the Company entered into a settlement agreement with Dan Samuel, a former director, for $0.2 million. Please refer to the Company's filings with the SEC for more information on these matters.
Frank Guidone, Company CEO commented, "While the Company maintains its position regarding both cases, we felt it was in the best interest of shareholders to settle these matters and focus our attention on operating and growing the business. Both cases were a significant distraction, and have consumed in excess of $0.5 million in legal fees over the last several years. Although both settlement agreements were signed in the first quarter of fiscal 2008, $1.3 million in settlement expense related to these cases, or $0.06 per diluted share (after tax), will be reflected in our March 31, 2007 results, which we will announce tomorrow. With these cases behind us, we currently have no outstanding litigation."
The Company will host an investor conference call on Wednesday, June 13th, 2007 at 11 am EDT to answer questions regarding the quarterly and annual results reported in our Form 10-K for fiscal year ended March 31, 2007. US dialers: (866) 835-8907; International dialers: (703) 639-1414. Interested parties may also listen via the Internet at: http://www.investorcalendar.com/. The call will be available for replay for 30 days through AT&T by dialing (800) 475-6701 (US dialers); (320) 365-3844 (International dialers), and entering access code 876635, and on Investorcalendar.com.
About Measurement Specialties. Measurement Specialties, Inc. (MEAS) designs and manufactures sensors and sensor-based systems to measure precise ranges of physical characteristics such as pressure, temperature, position, force, vibration, humidity and photo optics. MEAS uses multiple advanced technologies - including piezoresistive, electro-optic, electro-magnetic, capacitive, application specific integrated circuits (ASICs), micro- electromechanical systems (MEMS), piezoelectric polymers and strain gauges - to engineer sensors that operate precisely and cost effectively.
This release includes forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward looking statements may be identified by such words or phrases "should", "intends", " is subject to", "expects", "will", "continue", "anticipate", "estimated", "projected", "may", "we believe", "future prospects", or similar expressions. The forward- looking statements above involve a number of risks and uncertainties. Factors that might cause actual results to differ include, but are not limited to, success of any reorganization; ability to raise additional funds; conditions in the general economy and in the markets served by the Company; competitive factors, such as price pressures and the potential emergence of rival technologies; interruptions of suppliers' operations affecting availability of component materials at reasonable prices; timely development and market acceptance, and warranty performance of new products; success in integrating prior acquisitions; changes in product mix, costs and yields, fluctuations in foreign currency exchange rates; uncertainties related to doing business in Hong Kong and China; and the risk factors listed from time to time in the Company's SEC reports. The Company from time-to-time considers acquiring or disposing of business or product lines. Forward-looking statements do not include the impact of acquisitions or dispositions of assets, which could affect results in the near term. Actual results may differ materially. The Company assumes no obligation to update the information in this issue.
Contact: Mark Thomson, CFO
(757) 766-4224
Boutcher & Boutcher Investor Relations
Aimee Boutcher or Daniel Boutcher
(973) 239-2878
Measurement Specialties
CONTACT: Mark Thomson, CFO of Measurement Specialties, +1-757-766-4224; or Aimee Boutcher or Daniel Boutcher of Boutcher & Boutcher Investor Relations, +1-973-239-2878
Web site: http://www.meas-spec.com/
MSC.Software Announces that David Fetah has Joined the Company as Vice President of Human Resources
SANTA ANA, Calif., June 11 /PRNewswire-FirstCall/ -- MSC.Software Corporation , the leading global provider of enterprise simulation solutions including simulation software and services, announced today that David Fetah has joined the Company as Vice President of Human Resources.
Mr. Fetah is a seasoned human resources executive with broad accounting experience within the technology, manufacturing and engineering industries. During his career he has demonstrated ability to combine visionary, strategic and tactical human resources expertise to deliver bottom-line results. Fetah joins MSC.Software from St. Jude Medical, Inc., a global large market cap S&P company and leading manufacturer of medical devices where he served as vice president of human resources. During his tenure at St. Jude, Fetah developed and deployed human resource solutions that integrated strategic and operating business plans with the human capital assets of the company to drive successful business performance across the entire enterprise. Prior to that position he served as vice president, human resources and administration for Western Digital Corporation, a worldwide leader in the engineering and manufacturing of computer hard disk drives where he led the human resources function on a worldwide basis. Fetah also served in previous high-level human resources positions at PeopleSoft, Inc. and the Fluor Corporation.
"David Fetah's global human resources experience is marked not only by technical strengths and proven ability, but also by support and understanding of business initiatives," said John A. Mongelluzzo, Executive Vice President, Business Administration, Legal Affairs and Secretary of MSC.Software. "He is a strong leader with an established global track record of aligning core human resources strategy with business, improving process and influencing best-practices. We are pleased to welcome him to MSC.Software."
About MSC.Software Corporation
MSC.Software Corporation is a leading global provider of enterprise simulation solutions, including simulation software and services that help companies make money, save time and reduce costs associated with designing and testing manufactured products. MSC.Software works with thousands of companies in hundreds of industries to develop better products faster by utilizing information technology, software and services. MSC.Software employs more than 1100 people in 23 countries. For additional information about MSC.Software's products and services, please visit http://www.mscsoftware.com/.
Safe Harbor Language
This press release contains forward-looking statements, including all statements relating to the features, benefits, capabilities and performance of MSC.Software products. These statements are subject to risks and uncertainties that could cause actual results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, changes in technology, the end-user computing and analysis environment, implementation and support that meet evolving customer requirements, general industry trends and the impact of competitive products.
Furthermore, information provided herein, which is not historical in nature, are forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward- looking statements are based largely on management's expectations and are subject to and qualified by risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
The MSC.Software Corporate Logo and MSC are trademarks or registered trademarks of MSC.Software Corporation in the USA and/or other countries. NASTRAN is a registered trademark of NASA. All other trademarks belong to their respective owners.
MSC.Software Corporation
CONTACT: Investor Contact, Joanne Keates, Vice President, Investor Relations, +1-714-444-8551, joanne.keates@mscsoftware.com, or Media Contact, Jennifer Brannon, Senior Manager, Public Relations, +1-714-445-3119, Jennifer.brannon@mscsoftware.com, both of MSC.Software Corporation
Web site: http://www.mscsoftware.com/
Alliance Consulting's President & CEO Anthony Ibarguen Named Ernst & Young Entrepreneur of the Year(R) 2007 Award Finalist in Greater Philadelphia
CONSHOHOCKEN, Pa., June 11 /PRNewswire/ -- Alliance Consulting, a premier global provider of Business Intelligence and Application Outsourcing solutions, today announced that President & CEO Tony Ibarguen is a finalist for the Ernst & Young Entrepreneur Of The Year(R) 2007 Award in the Greater Philadelphia Area. According to Ernst & Young, the awards program was designed to recognize outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic, growing businesses. Tony was selected as a finalist from nearly 75 nominations by a panel of independent judges. Award winners will be announced at a special gala event on June 21, 2007 at the Loews Hotel in Philadelphia.
"It is an honor that I was chosen as a finalist for this award, however, the entire Alliance team really deserves the recognition for the tremendous job they do in addressing the needs of our clients every day," said Ibarguen. "The team's efforts have made Alliance a recognized leader in the Information Technology space and we're committed to delivering extraordinary value to our shareholders, clients, employees, partners and the community at large."
The Ernst & Young Entrepreneur Of The Year awards program celebrates its 21st anniversary this year. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.
Regional award winners are eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2007 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 17, 2007. The national Entrepreneur Of The Year celebration is part of Ernst & Young's Strategic Growth Forum. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are pleased to have Bank of America as the national presenting sponsor, as well as SAP America and the Ewing Marion Kauffman Foundation as national sponsors.
In Greater Philadelphia, local sponsors include Ballard Spahr Andrews & Ingersoll, LLP, Marsh, Morgan Lewis, and Pepper Hamilton LLP.
About Alliance Consulting
Alliance Consulting delivers IT consulting and software solutions to targeted clients worldwide. Alliance Consulting's solutions encompass strategic IT and business intelligence consulting, custom application development and packaged software integration, data warehouse integration and application management outsourcing. Alliance Consulting is a partner company of Safeguard Scientifics, Inc. For more information, please visit http://www.allianceconsulting.com/
About Safeguard
Safeguard Scientifics, Inc. , a holding company, builds value in growth-stage technology and life sciences businesses. Safeguard provides growth capital as well as a range of strategic, operational and management resources to our partner companies. Safeguard participates in growth buyout financings, including corporate spin-outs and management buyouts, expansion financings, industry consolidations and early-stage financings. http://www.safeguard.com/
About the Ernst & Young Entrepreneur Of The Year Awards
The Entrepreneur Of The Year(R) awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur Of The Year(R) Award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program, which celebrated its 20th anniversary in 2006, honors entrepreneurs through regional, national and global award programs in over 125 cities and 40 countries.
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to enhancing the public's trust in professional services firms and in the quality of financial reporting. Its 114,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at http://www.ey.com/perspectives. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, a U.K. company limited by guarantee, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients. Ernst & Young LLP is a U.S. client-serving member firm of Ernst & Young Global Limited.
Alliance Consulting
CONTACT: Jessica Morrison of Alliance Consulting, +1-610-234-4335, jmorrison@alliance-consulting.com
Web site: http://www.alliance-consulting.com/ http://www.ey.com/perspectives http://www.safeguard.com/
SGI Joins Bio-IT Alliance to Help Advance Scientific DiscoverySGI Collaboration Will Aid Cross-Industry Group's Integration of Science and Technology
SUNNYVALE, Calif., June 11 /PRNewswire-FirstCall/ -- . To spearhead new ways of sharing complex data in the bioinformatics market, SGI today announced that the company has joined the BioIT Alliance, a group of organizations working together to realize the potential of personalized medicine. The Alliance unites the pharmaceutical, biotech, hardware, and software industries to explore new ways to share complex biomedical data and collaborate among multi-disciplinary teams to speed the pace of discovery in the life sciences.
"By joining the BioIT Alliance, SGI deepens its commitment to biosciences professionals and continues to advance innovative ways this user community can meet the challenges they face of ever-increasing workflow demands," said Deepak Thakkar, biosciences segment manager, SGI. "We are very pleased to join the Alliance and look forward to collaborating with other distinguished members."
The BioIT Alliance brings together science and technology leaders to consider new ways to address the unique technical challenges life scientists face in data integration, collaboration, and knowledge management and use Microsoft technology to reduce costs, streamline research, and market their products more effectively.
"The BioIT Alliance welcomes SGI, a company whose legacy in the sciences field and advances in shared memory processing architecture enables greatly accelerated performance, especially for the large data sets bioinformatics research now requires," said Don Rule, BioIT Alliance Manager and business development manager of Microsoft Strategic Relations. "SGI's long-standing customer base and industry acclaim within the life sciences community will be a terrific asset to the Alliance as we move forward in decoding the mysteries of humans, plants and animals for the betterment of all."
The decision to join the Alliance falls on-the-heals of the recent launch of SGI(R) Scientific Workflow Solution optimized for life sciences. The SGI Scientific Workflow Solution addresses an increasingly costly problem in today's research labs. To enable new breakthroughs in biosciences and other disciplines, modern scientific workflows must incorporate an ever-widening array of applications -- something that puts extraordinary pressures on organizations struggling to make do with a single primary computing resource. SGI's Scientific Workflow Solution is a hybrid computing solution that successfully blends three different computing architectures -- x86 clusters, shared memory systems and field-programmable gate arrays (FPGA) -- and data storage into a single, integrated workflow environment to satisfy the diverse application performance requirements.
"With decades of experience and knowledge with our life sciences customers, SGI remains at the forefront of understanding the overwhelming need for robust, optimized, integrated, open system solutions that blast through bottlenecks in genomics, proteomics, bioinformatics, genome sequencing and drug discovery," added Thakkar.
For information on biosciences solutions from SGI visit http://www.sgi.com/industries/sciences/.
About the BioIT Alliance
Formed in 2006, the BioIT Alliance is a cross-industry group working to integrate science and technology in order to accelerate the pace of drug discovery and realize the potential of personalized medicine. Founding members include Accelrys Software Inc., Affymetrix, Inc., Agilent Technologies Inc., Amylin Pharmaceuticals, Inc., Applied Biosystems, The BioTeam Inc., Digipede Technologies LLC, Discovery Biosciences Corporation, Geospiza Inc., Hewlett- Packard Development Company, L.P., Illumina Inc., InterKnowlogy, Microsoft Corporation, Sun Microsystems Inc., The Scripps Research Institute, VizX Labs LLC and other key companies in the pharmaceutical, biotech, hardware and software industries. Additional information about the BioIT Alliance can be found on the BioIT Alliance Web site at http://www.bioitalliance.org/.
SGI - Innovation for Results(TM)
SGI is a leader in high-performance computing. SGI delivers a complete range of high-performance server and storage solutions along with industry-leading professional services and support that enable its customers to overcome the challenges of complex data-intensive workflows and accelerate breakthrough discoveries, innovation and information transformation. SGI solutions help customers solve their computing challenges whether it's enhancing the quality of life through drug research, designing and manufacturing safer and more efficient cars and airplanes, studying global climate, providing technologies for homeland security and defense, or helping enterprises manage large data. With offices worldwide, the company is headquartered in Sunnyvale, Calif., and can be found on the Web at http://www.sgi.com/.
(C) 2007 SGI. All rights reserved. SGI, Atix, the SGI cube and the SGI logo are registered trademarks of SGI, and NUMAflex and RASC are trademarks in the United States and/or other countries worldwide. Linux is a registered trademark of Linus Torvalds in several countries. Intel, Itanium, and Xeon are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries. All other trademarks mentioned herein are the property of their respective owners.
This news release contains forward-looking statements regarding SGI technologies and third-party technologies that are subject to risks and uncertainties. These risks and uncertainties could cause actual results to differ materially from those described in such statements. The reader is cautioned not to rely unduly on these forward-looking statements, which are not a guarantee of future or current performance. Such risks and uncertainties include long-term program commitments, the performance of third parties, the sustained performance of current and future products, financing risks, the ability to integrate and support a complex technology solution involving multiple providers and users, and other risks detailed from time to time in the company's most recent SEC reports, including its reports on Form 10-K and Form 10-Q.
MEDIA CONTACT
Marla Robinson
marlar@sgi.com
256.773.2371
SGI PR HOTLINE
650.933.7777
SGI PR FACSIMILE
650.933.0714
SGI
CONTACT: MEDIA, Marla Robinson of SGI, +1-256-773-2371, marlar@sgi.com, or SGI PR HOTLINE, +1-650-933-7777, or SGI PR FACSIMILE, +1-650-933-0714
Web site: http://www.sgi.com/
SAP and Vistex Extend Reseller Agreement to Serve Distributors and Manufacturers WorldwideSAP Investment in Vistex to Accelerate Delivery in Key Markets, Help More Customers Streamline and Automate Business Processes
WALLDORF, Germany and CHICAGO, Ill., June 11 /PRNewswire-FirstCall/ -- Building upon the success of its North American partnership, SAP AG today announced a worldwide expansion of its current reseller agreement with Vistex Inc., a leading provider of embedded solutions that extend the core value of SAP application functionality. In response to increasing global market demand, SAP has agreed to resell Vistex solutions worldwide, marketed under the names SAP(R) Paybacks and Chargebacks by Vistex and SAP(R) Incentive Administration by Vistex. These solutions have been successfully deployed at several leading companies, including Ashland, Georgia-Pacific, Graybar, and Medline. As part of this new agreement, SAP is also making a strategic investment in Vistex that will help accelerate solution delivery in North America, Asia Pacific and Europe, the Middle East and Africa (EMEA).
(Photo: http://www.newscom.com/cgi-bin/prnh/20070606/AQW087 )
"Our deployment of Vistex as the tool to manage the complex rebate requirements of our suppliers in our solutions from SAP has enabled us to enhance our profitability by capturing more of the incentives we have earned," said Beatty D'Alessandro, senior vice president and chief financial officer, Graybar. "Our SAP - Vistex implementation has been an important part of our 11 percent compounded growth rate in revenues and the 102 percent compounded annual growth rate in net profits since we fully implemented the system in 2004. These solutions allow us to automate and track claims, incentives and rebates, helping us to forge truly collaborative relationships with our suppliers. We are encouraged by SAP's move to deepen its relationship with Vistex."
Vistex solutions help automate and streamline collaborative business processes between distributors and manufacturers in several industries, including consumer products, foodservices, life sciences and retail. Contract pricing, chargebacks, billbacks, performance rebates, brokerage payments, royalties and other incentive programs play a crucial role in acquiring and retaining customers profitably. Distributors and manufacturers are using Vistex solutions to administer contracts, validate claims, reduce disputes, prevent overpayments and achieve extensive savings in labor costs associated with these programs.
"We have worked with SAP since the inception of Vistex in 1999, and take tremendous pride in the success our relationship has generated and the worldwide demand we are seeing today for our solutions," said Sanjay Shah, founder and CEO, Vistex. "SAP has done an outstanding job of supporting and nurturing the partner ecosystem that is manifested in our success and our mutually rewarding relationship. The expansion of our agreement with SAP and their strategic investment is testimony to the value we provide to SAP customers. The investment will boost our market presence as we continue to enhance our value to users of SAP applications."
Since June 2004, Vistex solutions have been licensed and supported by SAP under a reseller agreement for North America, the United Kingdom and the Caribbean region. These solutions are integrated with SAP applications, and complement the comprehensive SAP solution portfolio, offering cross-industry and cross-solution functionality.
"Vistex solutions help differentiate SAP offerings and continue to be market leading in terms of functionality delivered," said Ed Lange, executive vice president and chief customer officer, SAP Americas. "The solution extensions from Vistex have been well-received by our customers, leading to faster implementation times, superior performance and improved risk management -- all resulting in greater ROI. We value Vistex's commitment to supporting SAP solutions and are pleased to be making this investment toward extending our reseller agreement with them, offering their solutions worldwide."
About Vistex
Vistex delivers stylish, innovative add-ons to SAP application functionality that allows customers to fully exploit the strengths and potential of their SAP solution-based systems. Vistex leverages its extensive business and technical expertise to deliver unprecedented solutions to users of SAP applications who demand enhanced value from their installed systems.
Founded in early 1999 and headquartered in Chicago, USA, Vistex solutions have been deployed by numerous SAP customers. Since its inception, Vistex has a proven track record of working with SAP to exceed customer expectations. Located across the U.S.A, Germany and India, Vistex professionals are dedicated to providing high-end customer support and services.
About SAP
SAP is the world's leading provider of business software*. Today, more than 39,400 customers in more than 120 countries run SAP applications-from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at )
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Copyright (C) 2007 SAP AG. All rights reserved.
SAP, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, press only:
Jason Loesche, +1 (610) 661-8541, j.loesche@sap.com, EDT
SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com
Larry Buchman, +1 (847) 490-0420, lbuchman@vistex.com, CDT
Chris Goold, Burson-Marsteller, +49 69 238 09-21, chris.goold@bm.com, CET
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SAP AG
CONTACT: press only, Jason Loesche, +1-610-661-8541, or j.loesche@sap.com, EDT SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com, or Larry Buchman, +1 (847) 490-0420, lbuchman@vistex.com, CDT, or Chris Goold, Burson-Marsteller, +49 69 238 09-21, chris.goold@bm.com, CET
Web site: http://www.sap.com/
Tyler Technologies Signs Contract With State of Indiana to Provide Odyssey Courts Software Statewide
DALLAS, June 11 /PRNewswire-FirstCall/ -- Tyler Technologies, Inc. announced today that the Indiana Supreme Court has signed a contract for Tyler to provide and implement its Odyssey software to manage cases for Indiana trial courts. The contract, which followed a lengthy competitive procurement and includes software licensing and professional services for training and deployment, is valued at approximately $11 million, with additional services expected to be added later through follow-on agreements.
"With more than 1.5 million cases filed in Indiana courts each year, Hoosier law enforcement officers, lawyers, government agencies and citizens need timely and accurate court information. Indiana courts and court clerks must have a 21st century computer system to help them manage their caseloads and provide court information to those who need it. While many individual courts have computerized case management systems today, we believe Tyler offers us the best opportunity to equip Indiana courts with a 21st century case management system and to connect those systems with each other and with those who need and use court information," said Justice Frank Sullivan, Jr., chair of the Supreme Court's Judicial Technology and Automation Committee (JTAC).
Odyssey is Tyler's new generation Web-based court case management solution for the state and local government market. A unified case management system as defined by the National Center for State Courts, Tyler's Odyssey system enables courts to automate all case management functions -- imaging, accounting, docketing, calendaring, reporting, forms merge and others -- for all case types, in a single software package. Tyler's Odyssey system is currently deployed statewide in Minnesota and New Hampshire, and eight of the nation's 35 largest counties have signed contracts with Tyler to implement Odyssey.
"We are extremely pleased that the Indiana Supreme Court has chosen to implement Tyler's Odyssey Case Manager solution statewide," commented Dustin Womble, Executive Vice President of Tyler Technologies. "The Court conducted an extremely thorough evaluation of competing courts software products, and Tyler emerged as the clear choice. We look forward to continuing to build what we believe will be a long and mutually rewarding partnership between Tyler and the state of Indiana. In our view, Odyssey is now firmly established as the courts software market leader, and our combination of advanced technology, deep domain expertise, and strong client references from across the nation enables us to continue to build momentum in the courts marketplace."
The Indiana Supreme Court's selection of Tyler to provide new case management software completed months of review of 14 proposals submitted by vendors from throughout the country in response to a public solicitation in early 2006. The selection process included week-long product demonstrations in Indianapolis by finalist vendors, including demonstrations open to the public. More than 175 individuals attended these public sessions. Indiana judges, clerks and other experts also traveled to courts in Indiana and other states where finalist vendors' systems were in use.
The Court's choice of Tyler's Odyssey product adopted the recommendation made by both JTAC and a statewide board of judges, clerks, court staff and technology experts established by JTAC to oversee and govern the computerized case management system project. Judge John A. Rader of the Warren Circuit Court noted that he and his fellow statewide board members Judge Mary G. Willis of the Henry Circuit Court, and Judge Frances C. Gull of the Allen Superior Court, had spent "countless hours in product demonstrations, systems review, and speaking to actual court end users. All three of us were strongly of the opinion that the Tyler Odyssey product was the top choice for Indiana courts." Judge Rader added that his, Judge Willis', and Judge Gull's extensive involvement "insured that the selection of Tyler reflected the informed views of sitting judges from small, medium and large Indiana counties."
Judge Gull said that she appreciated the Supreme Court's adoption of the statewide board's recommendation because she had "personally visited judges, clerks and court staff using each of the competing vendors' products," and believed the selection of Tyler was "the right choice for Indiana." Another member of the statewide board, Al Mizen, the chief financial officer of Center Township in Marion County, added that "among the vendors we examined, Tyler had the best technology for connecting court computer systems with those of state agencies such as the Bureau of Motor Vehicles, the Department of Revenue, and law enforcement agencies."
Two county clerks who participated in the procurement also endorsed the selection of Tyler and its Odyssey product. "The Odyssey case management system provided the best combination of functionality, technology, usability, and a proven track record for implementing statewide trial court case management systems," said Therese Brown, Allen County Clerk. "While not perfect, having personally seen the system in use in Minnesota and comparing it with other case management products, I believe that Tyler's system will be the best for Indiana's courts and clerks," added Jackie Rowan, DeKalb County Clerk.
Based in Dallas, Tyler Technologies is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to make local government more accessible to the public, more responsive to needs of citizens, and more efficient. Tyler's client base includes more than 6,000 local government offices throughout all 50 states, Canada, Puerto Rico and the United Kingdom. In April 2007, Tyler was named one of "America's 100 Most Trustworthy Companies" by Audit Integrity, an independent research firm. More information about Tyler Technologies can be found at http://www.tylertech.com/.
Tyler Technologies, Inc. has included in this press release "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning its business and operations. Tyler Technologies expressly disclaims any obligation to release publicly any updates or revisions to these forward-looking statements to reflect any change in its expectations. These expectations and the related statements are inherently subject to risks and uncertainties that could cause actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, changes in competition, changes in general economic conditions, changes in the budgets and regulatory environments of the Company's customers, risks associated with the development of new products and the enhancement of existing products, the ability to attract and retain qualified personnel, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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Tyler Technologies, Inc.
CONTACT: Brian K. Miller, Senior Vice President & CFO of Tyler Technologies, Inc., +1-972-713-3720, brian.miller@tylertech.com
Web site: http://www.tylertech.com/
Websense Unveils Industry's First Information Leak Prevention Software with Web IntelligenceNew Security Software Integrates Information Leak Prevention with Web Security to Provide New Level of Protection from Accidental and Malicious Data Leaks
SAN DIEGO, June 11 /PRNewswire-FirstCall/ -- Websense, Inc. today unveiled Websense(R) Content Protection Suite v6, the industry's first security software that integrates information leak prevention capabilities with Web categorization and filtering to provide organizations with a new level of information protection. This combination of content and destination awareness, available only from Websense, allows automated enforcement of who has access to what information, how the information can be used, and where it can be sent. As a result, organizations can take advantage of emerging online business productivity applications, such as Web 2.0 sites -- confident that security and usage policies, as well as predetermined business processes, are enforced and sensitive data is protected.
Websense Content Protection Suite v6 combines content and context awareness leveraging Web intelligence through integration with Websense's URL database and ThreatSeeker(TM) malicious content classification technology, as well as new context-based data recognition capabilities that increase detection accuracy and enable organizations to create and enforce powerful, user-specific data sharing policies.
"Websense makes the difficult process of protecting your 'intellectual crown jewels' easier through intelligent content security," said Gene Hodges, CEO, Websense. "What Websense does with its unique context, fingerprinting, Web intelligence, and other technologies, is protect information that is important to our customers so they can mitigate risk -- simply and easily. This release is a significant milestone in our content security vision and the combination of our existing and new, strategic technologies gained through the acquisition of PortAuthority earlier this year."
Over the past two years, data leaks have compromised more than 150 million personal data records, according to the Privacy Rights Clearinghouse. Analyst firm Forrester wrote in the April 2007 report, "Calculating The Cost of a Security Breach," that a security breach can cost anywhere between $90 and $305 per record, meaning that the cost of a single, significant breach may run into millions or even billions of dollars.
Websense Content Protection Suite, with its new context- and content-based policy enforcement capabilities, helps curb this alarming data loss trend.
"As a current Websense customer, we're excited that Websense is integrating two of its strongest technologies," said Roger McIlmoyle, director, Technical Services, TLC Vision. "We have used Websense Content Protection Suite for more than a year, and this new Web intelligence capability is a giant leap-forward for customers looking to protect their confidential information. In particular the new higher level of granularity and the ability to delegate incident response to the policy owner will allow the response to be issued from the right department in a timely manner."
According to Forrester analysts Jonathan Penn and Thomas Raschke in the December 2006 report, "The Forrester Wave(TM): Information Leak Prevention, Q4 2006, "ILP [information leak prevention] solutions must be able to set policy and make enforcement decisions based on content or context ... Context-based policy enforcement consists of understanding the people, applications, and channel involved, as well as other aspects of the activity."
New capabilities in Websense Content Protection Suite v6 include:
-- Context Awareness and Control -- Unlike other information leak
prevention or content filtering solutions, which provide organizations
the limited choice to "allow" or "not allow" online applications such
as Web-based email or file download sites, Websense Content Protection
Suite enables organizations to set intelligent policies that allow
employees or groups of employees to use these and other online business
productivity tools securely. Organizations can now authorize Web site
categories they have traditionally blocked, while protecting their data
from information leakage. For example, an organization could allow an
employee or group of employees to access their personal Web-based email
accounts, but restrict them from sending sensitive corporate
information through those accounts.
-- Enhanced Content Awareness -- Websense Content Protection Suite v6 adds
PreciseID(TM) Natural Language Processing which allows the detection of
virtually any type of content while increasing the performance,
efficiency and flexibility of information detection.
-- Advanced Security Protection -- The combination of Websense's
ThreatSeeker and information leak prevention technologies adds layers
of context, along with advanced risk mitigation capabilities, and
represents a major step-forward in protecting information from a
growing number of information-stealing, targeted attacks.
-- Management and Deployment Enhancements -- Websense Content Protection
Suite also provides a unique graphical interface to manage large-scale,
multi-site and distributed component implementations. This new feature
and the industry's first multi-platform "soft appliance" option,
provide unmatched flexibility and make deploying and managing
enterprise implementations significantly easier than other products
both for customers and the channel partners who support them.
"For our clients, response time to potential data leak policy violations is crucial," said Allen Allison, vice president, Information Security Practice, MTM Technologies. "With Websense Content Protection Suite, security managers will have information about who is trying to send data out and to where, as well as an understanding of the risk level of the violation. If a person is trying to send confidential information to a competitor's Web site, or clearly breaking a regulation, our clients can identify and mitigate the risk quickly."
Select channel partners and customers are currently evaluating the beta version of Websense Content Protection Suite v6. General availability is anticipated by August 2007.
About Websense, Inc.
Websense, Inc. protects more than 25 million employees from external and internal computer security threats. Using a combination of preemptive ThreatSeeker(TM) malicious content identification and categorization technology and information leak prevention technology, Websense helps make computing safe and productive. Distributed through its global network of channel partners, Websense software helps organizations block malicious code, prevent the loss of confidential information and manage Internet and wireless access. For more information, visit http://www.websense.com/.
Websense and Websense Enterprise are registered trademarks of Websense, Inc. in the United States and certain international markets. Websense has numerous other unregistered trademarks in the United States and internationally. All other trademarks are the property of their respective owners. This press release contains forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Websense's results to differ materially from historical results or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding future product offerings; statements of belief and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, risks relating to execution of growth initiatives, customer acceptance of the company's services, products and fee structures; the success of Websense's brand development efforts; the volatile and competitive nature of the Internet industry; changes in domestic and international market conditions and the entry into and development of international markets for the company's products; risks relating to intellectual property ownership; and the other risks and uncertainties described in Websense's public filings with the Securities and Exchange Commission, available at http://www.sec.gov/. Websense assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.
MEDIA CONTACT:
Sarah Thornton
Websense, Inc.
(858) 320 9500
sthornton@websense.com
Websense, Inc.
CONTACT: Sarah Thornton of Websense, Inc., +1-858-320-9500, sthornton@websense.com
Web site: http://www.websense.com/
CCID Consulting: China's DVD Exports Slowed Down, Testing Enterprises' Survival Capacity
BEIJING, June 11 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), says China's DVD exports have slowed down, which is now testing enterprises' survival capacity.
Affected by a relatively saturated and slowing global DVD market in the past 2 years, China's DVD export market maintained a trend of rising export volume but falling export value in 2006. For the whole year, export volume totaled 153.341 million sets, up by 4.0% year-on-year, marking a small growth over 2005. Export value stood at $6332.24 million, down by 4.6% year-on-year.
Export regions: European and US market saturated. CCID Consulting statistics show that the EU and the United States were the main markets for China's DVD exports. In 2006, China exported 61.888 million DVDs to these 2 regions, accounting for 40.4% of its total DVD exports, down by almost 6% from 2005. Export value reached $2566.604 million, accounting for 40.5% of China's DVD export value, down by almost 5% from 2005. There was a notable trend of rising export volume but falling export value.
The market in Europe and the United States has gradually saturated. In 2006, there was a slight drop in their market shares, down by 2% to 30%, respectively, as shown in the following figure.
Fig. 1 Distribution of China's DVD Exports in 2006
http://www.ccidconsulting.com/upload/11567.jpg
Source: CCID Consulting, May 2007
There was a drop in China's DVD exports to the United States. Export volume reached 38.928 million sets, down by 3.5% year-on-year, while export value amounted to $1664.684 million, down by 8.2% year-on-year. In recent years, the US DVD player market grew rather fast. Statistics show that in 2000, the DVD player penetration rate in the US market was only around 7%. By the end of 2006, some 80% of US families had a DVD player. Meanwhile, as DVD players gradually penetrated into more families, US users' second-time machine change demands also gradually approached saturation. The US DVD player market started to show a falling trend.
The EU market as a whole appears sluggish. However, the recordable DVD player market deserves attention. In 2006, the EU market lacked growth momentum. There was a drop in China's DVD player exports to the EU. Export volume and value both experienced a two-digit fall from the previous year. Export volume stood at 22.96 million sets, down by 16.4% year-on-year, while export value amounted $901.92 million, down by 24.2% year-on-year. However, DVD players' new digital program recording function is becoming the main reason convincing consumers to buy or update their DVD products. CCID Consulting thinks that, though the EU market has dropped significantly, as the price of high-end DVD products such as recordable DVD player falls, the market will still have room for growth in the next few years. The recordable DVD market in the EU is worth paying attention to.
Fig. 2 Distribution of China's DVD Exports in the EU market in 2006
http://www.ccidconsulting.com/upload/11568.jpg
Source: CCID Consulting, May 2007
Form of export: OEM processing dominates, while market environment is a cause for serious concern. Since 2002, high core technology patent fees have gradually weakened the export advantages of China-made low-cost DVDs. Currently, the patent fee which domestic enterprises pay for making one DVD accounts for over 30% of its export price. This has made most enterprises choose OEM production for foreign brands rather than develop their own brands. China's DVD industry is, in essence, controlled by others.
Meanwhile, as the production threshold is not very high, SMBs continue to enter the ranks of exporters. Statistics show that a total of 982 enterprises engaged in DVD export processing and production in 2006, up by almost 30% year-on-year. Because most DVD production and export enterprises have low technical elements in their products, low price competition has been a rising trend and the export environment is worsening.
In 2006, China's OEM DVDs reached 135.83 million sets, down by 2.7% from 2005. Export value stood at $5753.122 million, down by 9.2% from the previous year.
Fig. 3 Distribution of China's OEM DVD Exports in 2006
http://www.ccidconsulting.com/upload/11569.jpg
Source: CCID Consulting, May 2007
Core patents are lacking, testing enterprises' survival capacity. In early 2007, Toshiba sued 14 Chinese enterprises for patent infringement. Once sued enterprises are "absent from court" or lose their case, the concerned party may issue a limited exclusion order or a universal exclusion order, thus preventing the supposed infringing products from being exported to the United States. The restrictive measures may expend to upstream and downstream products, and even affect the EU market where the same standard is adopted. Of course, the concerned organizations in China are making continuous efforts to effectively avoid the patent issue. Recently, the C-HD DVD-ROM special specification has been adopted in Japan. This can help lower production cost in China. However, it also requires that HD-DVD players in the Chinese market only read domestic CDs, while relevant patent fees be paid separately for exported HD-DVD products. With the encroachment from foreign brands on the one hand and high lawsuit response fees and patent expenses on the other, domestic DVD enterprises are in a worrying situation.
CCID Consulting thinks that to get rid of this passive situation, enterprises can, in the short-term, stabilize export prices and focus on producing products with high-added values through actively adjusting production and export structure and adopting a blue sea thinking to extend the existing industry boundaries. For example, they can suitably raise the percentage of recordable DVDs, mobile DVDs and other high-end products in their production and export, reducing low-price exports and avoiding low price competition, while continuing to improve their competitiveness in the international market. However, in the long-term, the key to addressing the problem lies in domestic enterprises fundamentally changing their position at the end of the industry chain and developing more control over core technologies. Obviously, this will be a long process.
About CCID Consulting
CCID Consulting Co., Ltd. (also known as CCID Consulting), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: HK08235), is a direct affiliate of the China Center for Information Industry Development (hereinafter known as CCID Group). Headquartered in Beijing, CCID Consulting has so far set up branch offices in Shanghai, Guangzhou, Shenzhen and Harbin, with over 300 professional consultants and industry experts. The Company's business scope has covered over 200 large- and medium-sized cities in China. Apart from home market development, CCID Consulting is establishing international cooperation links across the United States, the Asia-Pacific region and Europe, by setting up agents in the U.S., Japan, South Korea, Australia, Singapore, Italy and Russia, with the aim of going global.
Based on four major competitive areas of powerful data channels, industrial resources, intense knowledge and deep understanding of information technology, CCID Consulting provides customers with consulting, research and IT outsourcing services covering strategy planning, IT application, marketing strategy, human resources and information technology outsourcing. Our customers range from industrial users in IT, telecommunications, energy, finance, automobile, to government departments at all levels and diversified industrial parks.
CCID Consulting is committed to becoming the No. 1 brand for strategy consulting, the No. 1 consultant for enterprise management and the No. 1 expert in market research. For more information, please visit our website at http://en.ccidconsulting.com/ .
For more information, please contact:
Cynthia Liu
Coordinating Manager
CCID Consulting Co., Ltd
Tel: +86-10-8855-9080
Email: liuyan@ccidconsulting.com
CCID Consulting Co., Ltd.
CONTACT: Cynthia Liu, Coordinating Manager of CCID Consulting Co., Ltd +86-10-8855-9080, or liuyan@ccidconsulting.com
ITC^DeltaCom Announces Refinancing Commitments to Recapitalize the CompanyNOTE TO EDITORS: In the company name ITC^DeltaCom noted in this news release, there is a caret between ITC and DeltaCom. This symbol may not appear properly in some systems.
HUNTSVILLE, Ala., June 11 /PRNewswire-FirstCall/ -- ITC^DeltaCom, Inc. (BULLETIN BOARD: ITCD) , a leading provider of integrated communications services to customers in the southeastern United States, today announced that it had received commitments for debt and equity financing intended to deleverage its balance sheet, simplify its capital structure, and enhance its liquidity profile. The committed refinancing includes commitments (i) from affiliates of Credit Suisse to provide $240 million of first lien credit facilities and to purchase $29 million of common stock, (ii) from investment funds associated with Tennenbaum Capital Partners, LLC ("Tennenbaum"), a current lender, to provide a $75 million second lien credit facility and to exchange $25 million of third lien debt and all preferred shares and warrants held by them for common stock, and (iii) from investment funds associated with Welsh, Carson, Anderson & Stowe ("Welsh Carson"), the Company's majority shareholder and a current lender, to purchase $21 million of common stock and to exchange $23.5 million of third lien debt and all preferred shares and warrants held by them for common stock. In addition, the Company said that it intends to exchange common stock for its other closely held outstanding series of preferred shares. The net effect of the transactions will be to completely refinance the Company's outstanding debt and eliminate three series of preferred stock and related warrants, leaving the Company with $305 million of first and second lien funded debt, a $10 million undrawn revolver, approximately 81 million shares of common stock outstanding on a fully diluted basis, and cash on hand of approximately $50 million. The transactions were approved by a committee of independent directors with the assistance of independent legal and investment advisors because of the participation of Welsh Carson and Tennenbaum.
"When consummated, the transactions will significantly reduce the Company's outstanding debt, lower our cost of capital, position the Company to seek re-listing on the NASDAQ, and make our balance sheet more transparent by eliminating the confusing overhang of convertible preferred shares and warrants," said Randall E. Curran, ITC^DeltaCom's Chief Executive Officer. "We are particularly gratified that our long term investors were willing to invest additional capital and convert their debt and preferred equity positions to common equity."
The completion of each of these financing transactions is conditioned on the completion of the others as well as other customary financing conditions. Subject to the satisfaction of these conditions, the Company currently expects it will close the transactions early in the third quarter of 2007.
Miller Buckfire & Co., LLC acted as the Company's financial advisor on this transaction. Additional information about the foregoing financing transactions will be contained in ITC^DeltaCom's current report on Form 8-K to be filed with the Securities and Exchange Commission.
The shares of common stock issued in the refinancing transactions will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration under the Securities Act of 1933 or an applicable exemption from such registration requirements.
ABOUT ITC^DELTACOM, INC.
ITC^DeltaCom, Inc. ("ITC^DeltaCom") headquartered in Huntsville, Alabama, provides, through its operating subsidiaries, integrated telecommunications and technology services to businesses and consumers in the southeastern United States. ITC^DeltaCom has a fiber optic network spanning approximately 14,500 route miles, including more than 11,000 route miles of owned fiber, and offers a comprehensive suite of voice and data communications services, including local, long distance, broadband data communications, Internet connectivity, and customer premise equipment to end-user customers. ITC^DeltaCom is one of the largest competitive telecommunications providers in its primary eight- state region. ITC^DeltaCom has interconnection agreements with BellSouth, Verizon, SBC, CenturyTel and Sprint for resale and access to unbundled network elements and is a certified competitive local exchange carrier (CLEC) in Arkansas, Texas, Virginia and all nine BellSouth states. For more information about ITC^DeltaCom, visit ITC^DeltaCom's Web site at http://www.deltacom.com/.
FORWARD-LOOKING STATEMENTS
Except for the historical and present factual information contained herein, this release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this release, the words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions as they relate to ITC^DeltaCom, Inc. or its management are intended to identify these forward-looking statements. All statements by the Company regarding its expected financial position, revenues, liquidity, cash flow and other operating results, balance sheet improvement, business strategy, financing plans, forecasted trends related to the markets in which it operates, legal proceedings and similar matters are forward-looking statements. The Company's actual results could be materially different from its expectations because of various risks. These risks, some of which are discussed under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2006, and in the Company's subsequent SEC reports, include the Company's dependence on new product development, rapid technological and market change, the Company's dependence upon rights of way and other third- party agreements, debt service and other cash requirements, liquidity constraints and risks related to future growth and rapid expansion. Other important risk factors that could cause actual events or results to differ from those contained or implied in the forward-looking statements include, without limitation, customer attrition, delays or difficulties in deployment and implementation of collocation arrangements and facilities, appeals of or failures by third parties to comply with rulings of governmental entities, inability to meet installation schedules, general economic and business conditions, failure to maintain underlying service/vendor arrangements, competition, adverse changes in the regulatory or legislative environment, and various other factors beyond the Company's control. ITC^DeltaCom disclaims any responsibility to update these forward-looking statements.
Investor Contact: Media Contact:
Richard E. Fish Lee A. Kimball
Chief Financial Officer Vice President, Marketing
256-382-3827 919-863-7149
richard.fish@deltacom.com lee.kimball@deltacom.com
ITC^DeltaCom, Inc.
CONTACT: Investors, Richard E. Fish, Chief Financial Officer, +1-256-382-3827, richard.fish@deltacom.com, or Media, Lee A. Kimball, Vice President, Marketing, +1-919-863-7149, lee.kimball@deltacom.com, both of ITC^DeltaCom, Inc.
Web site: http://www.deltacom.com/
WD Makes the World a Bigger Place With 1.5 TB and 750 GB My Book(TM) World(TM) Shared Storage AppliancesMy Book Family of External Hard Drives Grows in Capacity
LAKE FOREST, Calif., June 11 /PRNewswire-FirstCall/ -- Expanding its lineup of consumer-friendly, easy-to-use external hard drives, Western Digital Corp. today announced that its My Book(TM) family of storage appliances is now available with capacities of 1.5 TB and 750 GB. From remote access and sharing anywhere in the world to simple add-on storage and back up, the My Book family meets a variety of needs generated by today's increasingly large files from digital pictures, HD (high definition) video and music. WD's My Book family includes My Book World, My Book Pro, My Book Premium and My Book Essential Editions.
"Consumers are inundated with a plethora of devices that create rich multimedia content -- from digital cameras to music players to video camcorders. The My Book family of external drives delivers peace of mind in a simple solution to remotely access, share, protect and store precious files," said Jim Welsh, vice president and general manager of WD's Branded Products Group.
Plug-and-play Storage
WD's popular My Book family is designed to be as easy to use for mainstream consumers as common household appliances. The unique remote-access of WD's My Book World Edition storage system offers a surprisingly simple and secure way to access and share data, photos, and music at home, in the office, and anywhere in the world -- even when your local computer is off.
WD's My Book Pro, Premium and Essential Editions are the easiest way to add extra storage to a PC or Mac(R) and offer plenty of room to back up and store precious data. Each member of the My Book family solves storage needs for the variety of consumers and their respective purposes: from simple, plug- and-play backup to high-performance additional storage for massive audio/video projects.
Availability and Pricing
The My Book family of storage appliances with capacities of 1.5 TB and 750 GB are available now at select retail stores, online retailers and in the United States directly from WD at http://www.shopwd.com/. Estimated pricing for the My Book family ranges from $279 USD to $699 USD depending upon model and capacity.
A 3-D view and more information on the My Book family of external storage products can be found at http://www.wdmybook.com/.
About WD
WD, one of the storage industry's pioneers and long-time leaders, provides products and services for people and organizations that collect, manage and use digital information. The company produces reliable, high-performance hard drives that keep users' data close-at-hand and secure from loss. WD applies its storage expertise to consumer products for external, portable and shared storage products.
WD was founded in 1970. The company's storage products are marketed to leading systems manufacturers, selected resellers and retailers under the Western Digital and WD brand names. Visit the Investor section of the company's Web site (http://www.westerndigital.com/) to access a variety of financial and investor information.
Western Digital, WD and the WD logo are registered trademarks; My Book, World Edition, Pro Edition, Premium Edition and Essential Edition are trademarks of Western Digital Technologies, Inc. Other marks may be mentioned herein that belong to other companies. All other brand and product names mentioned herein are the property of their respective companies. One gigabyte (GB) = 1 billion bytes. One terabyte (TB) = one trillion bytes. Total accessible capacity varies depending on operating environment. Product specifications are subject to change without notice.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO)
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Western Digital Corp.
CONTACT: Constance Griffiths, WD Press Relations, +1-949-672-7891, Constance.Griffiths@wdc.com, or Bob Blair, WD Investor Relations, +1-949-672-7834, Robert.Blair@wdc.com
Web site: http://www.westerndigital.com/ http://www.shopwd.com/ http://www.wdmybook.com/
Air National Guard Takes Off With Aruba Networks for First Responder PreparednessWireless LAN and client-to-core security products installed at Air National Guard wings and regional training centers for both rapid-deployment and flight-line applications
SUNNYVALE, Calif., June 11 /PRNewswire-FirstCall/ -- Aruba Networks, Inc. , a global leader in secure mobility solutions, today announced that its wireless LANs and security solutions have been installed at the first group of twenty five Air National Guard (ANG) facilities for both first-responder disaster recovery purposes and to optimize maintenance logistics. The first application includes deployable Aruba wireless LANs for off-base applications in support of military and Homeland Security missions such as national catastrophes and natural disasters. The robust design and simple operation of Aruba's wireless LANs and network security systems makes them well suited for rapid deployment scenarios. In the second application, the Aruba wireless LAN and intrusion detection systems enable maintenance crews equipped with hardened laptop computers to securely access on-line information required to test, repair, and replace aircraft parts and systems. The Air National Guard expects faster aircraft maintenance, less down-time, reduced paperwork, and more efficient utilization of skilled service personnel. Both projects were awarded to Telos Corporation, an Aruba value added reseller and a leading provider of secure network solutions.
"In order to obtain a solid return on investment the Air National Guard mandated the use of very high reliability equipment with client-to-core security, simple set-up, and minimal maintenance," said Dan Brigati, Aruba's Federal operations director. "These requirements are not unique to the Government -- Aruba's enterprise customers have the very same expectations and needs. That we were able to supply commercial off-the-shelf Aruba products for demanding deployable and flight-line applications speaks volumes about the underlying robustness of Aruba hardware, and the usability of our software solutions."
The Air National Guard is in the midst of a modernization program to upgrade to standards-based information systems and networks associated with both deployable and fixed converged data, voice, and video applications. The objective of the program is to improve the reliability, interoperability, and compatibility of information systems to better meet current and future needs of the Department of Defense and Department of Homeland Security.
"Prior to the implementation of the flight line system network, aircraft mechanics had to wade through reams of paperwork to locate the data required to repair, test, or replace a specific part or system," said Mike Horn, director of wireless programs at Telos. "These documents would have to be photocopied and carried to the flight-line or engine shop. The Aruba-based network we installed is a reliable workhorse that will significantly improve the productivity and efficiency of ANG mechanics and technicians."
About Aruba Networks, Inc.
Aruba's user-centric architecture provides access to enterprise data, voice and video applications across wired and wireless LAN, WAN, and carrier networks without compromising security or mobility. Follow-me security and access policies are centrally managed and associated with users, not ports, and are enforced regardless of where users roam within or outside of the enterprise. Aruba's solution suite encompasses ArubaOS software running on a range of Mobility Controller hardware platforms, value-added application software modules including an enterprise FMC option, network management software, wired and wireless access points, and valued-added access point software modules including a secure enterprise mesh option for wire-free networking. Based in Sunnyvale, California, Aruba has operations across the Americas, Europe, the Middle East, and the Asia Pacific region. To learn more, visit Aruba at http://www.arubanetworks.com/.
Aruba Networks is a registered trademark, and Aruba The Mobile Edge Company and Mobile Edge Architecture are trademarks of Aruba Networks, Inc. All other trademarks or registered trademarks are the property of their respective holders. Portions (C) 2007 Aruba Networks, Inc. All rights reserved. Specifications are subject to change without notice.
Aruba Networks, Inc.
CONTACT: Michael Tennefoss of Aruba Networks, Inc., +1-408-754-8034, mtennefoss@arubanetworks.com, or Jay Nichols of Sterling Communications, Inc., +1-415-392-2300, jnichols@sterlingpr.com, for Aruba Networks, Inc.
Web site: http://www.arubanetworks.com/
Informatica and Deloitte Consulting Announce Strategic Alliance for Enterprise Information ManagementDeloitte Consulting named an Informatica Premier Consulting Partner
REDWOOD CITY, Calif., June 11 /PRNewswire-FirstCall/ -- Informatica Corporation , a leading provider of data integration solutions, today announced a strategic alliance with Deloitte Consulting LLP (Deloitte Consulting), a subsidiary of Deloitte & Touche USA LLP, one of the nation's leading providers of professional services, whereby the two companies will collaborate to deliver offerings for enterprise information management, data quality, governance, and compliance.
"Informatica and Deloitte Consulting have forged a very strong relationship with enormous potential for delivering value to clients," said Mike Pickett, vice president, Global Alliances, Informatica. "This is an alliance built on a history of collaboration, which has resulted in multiple award-winning implementations for our mutual customers and joint customer education programs. Our strategic product roadmap has benefited from Deloitte Consulting's valuable input, and a strong base of their professionals are already trained on Informatica products. Going forward we will be able to provide many new offerings for our mutual customers."
In support of the strategic alliance, Deloitte Consulting has implemented an Informatica data integration environment at its Glenn Mills, Pennsylvania data center and established Informatica Centers of Excellence in Mumbai and Hyderabad, India for Deloitte Consulting clients and prospects. In addition, more than 350 Deloitte Consulting professionals worldwide have been trained on the Informatica data integration platform and a program has been launched to educate new Deloitte Consulting hires as they come on board.
"Through this alliance, Deloitte Consulting and Informatica will continue to provide clients with the Business Intelligence and Enterprise Data Integration experience that can help companies enhance the consistency, accuracy, and integrity of all types of data across the Enterprise," said Scott Sognefest, a principal with Deloitte Consulting and the U.S. practice leader for Business Intelligence and Data Warehousing.
As part of the new strategic alliance, the two organizations are also enhancing their collaborative market education program by adding a new series of joint seminars and other educational activities.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the United States, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.
About Informatica
Informatica Corporation is a leading provider of enterprise data integration software and services. With Informatica, organizations can gain greater business value by integrating all their information assets from across the enterprise. More than 2,790 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of any complexity and scale. For more information, call 650-385-5000 (1-800-653-9871 in the U.S.), or visit http://www.informatica.com/.
Note: Informatica is a trademark of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.
Informatica Corporation
CONTACT: Deborah Wiltshire of Informatica Corporation, +1-650-385-5360, or Mobile, +1-650-862-8186, dwiltshire@informatica.com; or Kerry Hall of Text 100, +1-415-593-8462, or Mobile, +1-415-350-6615, informatica@text100.com, for Informatica Corporation; or John La Place of Deloitte Services LLP, +1-212-492-4267, or Mobile, +1-201-410-2705, jlaplace@deloitte.com
Web site: http://www.informatica.com/
Middle East's Largest-Ever Exhibition of China Suppliers Opens Today in Dubai
DUBAI, United Arab Emirates, June 11 /PRNewswire/ --
Global Sources (Nasdaq: GSOL) opened the largest exhibition of quality
China suppliers ever held in Dubai, the China Sourcing Fair: Gifts & Home
Products ( http://www.chinasourcingfair.com/dubai ). The trade fair, Global
Sources' first in the Middle East, is scheduled to run through June 13 at the
Dubai International Convention & Exhibition Centre.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )
(Photo: http://www.newscom.com/cgi-bin/prnh/20070611/HKM001 )
Joining Global Sources chairman and CEO, Merle A. Hinrichs, at the
opening ceremony were:
-- His Excellency Abdul Rahman Mohammad Al Owais, Minister of Culture,
Youth and Community Development, United Arab Emirates;
-- Gao Youzhen, Consul General, Consulate General of the People's
Republic of China in Dubai;
-- Simon Zhang, Counselor of Economic & Commercial Section, Consulate
General of the People's Republic of China in Dubai;
-- Zhang Xijing, Chief Representative, the Gulf Area, China Council for
the Promotion of International Trade (CCPIT); and,
-- Helal S.K. Almarri, Director General, Dubai World Trade Centre.
Hinrichs said: "To help buyers meet growing market demand for quality,
competitively priced merchandise, we've brought the biggest-ever collection
of quality suppliers from mainland China, Hong Kong and Taiwan together in
Dubai. The China Sourcing Fair provides a valuable opportunity for
professional buyers throughout the Middle East, India, Africa and the Russian
Federation to meet experienced suppliers and do business face-to-face."
Simon Zhang said: "We think China's manufacturing capability is very
positively represented at this event. Importers can find quality products at
this show, from premiums and home products to consumer electronics and
fashion accessories. If you are a buyer, then this event clearly helps you
find quality suppliers for a large selection of products."
Almarri said: "We are very pleased to welcome the China Sourcing Fair and
I am convinced that this is the ideal platform for visitors from the region
to do business with Chinese companies."
Hinrichs added: "We're very excited about the strong buyer turnout for
this China Sourcing Fair. Dubai is clearly the place to be.
"As the world's third-largest re-export market after Hong Kong and
Singapore, Dubai is the perfect location for the China Sourcing Fair. And
seeing the thousands of buyers who attended the Fair today, it's clear that
Dubai is an ideal location for buyers in the region who want to source direct
from China."
Exclusive Conference on How to Source From China at the China Sourcing
Fair Dubai
The three-day event features an exclusive, multi-session conference
program focused on "How to Source from China." The conference sessions,
presented by leaders in trade with China, cover topics such as working with
China suppliers, quality control, payment processing, and shipping &
logistics.
"This is the first time ever that a specialized conference program on how
to source from China has been presented in Dubai," said Bill Janeri, Global
Sources' General Manager for the Middle East.
Over 500 Booths from Mainland China, Hong Kong and Taiwan
The China Sourcing Fair in Dubai features over 500 booths from Greater
China, which includes mainland China, Hong Kong and Taiwan.
Gifts & Home Products
-- Candles & holders
-- Key chains
-- Pen & pencil holders & sets
-- Digital clocks & calculators
-- Decorative wall hangings
-- Bedroom & closet storage
-- Handicrafts
-- Gift tins
-- Cookware sets
-- Bed covers & linens & blankets
Consumer Electronics
-- MP3 players
-- Portable CD/VCD/DVD players
-- Car DVD players
-- Speakers
-- GPS products
-- Combination TVs
-- LCD TVs
-- In-car TVs
-- AC/DC adapters
-- Laptop bags
Fashion Accessories
-- Costume jewelry & earrings
-- Fashion bracelets
-- Men's & women's sports shoes
-- Bra & panty sets
-- Robes & sleepwear
-- Perfumes & oils
-- Tote & beach bags
Baby & Children's Products
-- Inflatable toys
-- Radio-controlled toys
-- Play tents & houses
-- Dollhouses & furniture
-- Balloons
-- Inflatable play structures
-- Kid's table & chair sets
-- Model
More information about the China Sourcing Fair: Gifts & Home Products in
Dubai is available at http://www.chinasourcingfair.com/dubai .
China Sourcing Fair Complements Global Sources' Total Sourcing Service
The China Sourcing Fairs are part of Global Sources' sourcing and product
information services, which include Global Sources trade magazines, Global
Sources Online ( http://www.globalsources.com ), Global Sources Direct
( http://www.globalsourcesdirect.com ) and the China Sourcing Reports
( http://www.chinasourcingreports.com ). For more information, visit
http://www.corporate.globalsources.com .
About Global Sources
Global Sources is a leading business-to-business (B2B) media company and
a primary facilitator of two-way trade with Greater China. The core business
is facilitating trade from Greater China to the world, using a wide range of
English-language media. The other key business segment facilitates trade from
the world to Greater China using Chinese-language media.
The company provides sourcing information to volume buyers and integrated
marketing services to suppliers. It helps a community of over 600,000 active
buyers source more profitably from complex overseas supply markets. With the
goal of providing the most effective ways possible to advertise, market and
sell, Global Sources enables suppliers to sell to hard-to-reach buyers in
over 230 countries.
The company offers the most extensive range of media and export marketing
services in the industries it serves. It delivers information on 1.8 million
products and more than 150,000 suppliers annually through 13 online
marketplaces, 12 monthly magazines, over 100 sourcing research reports and
nine specialized trade shows which run 22 times a year across seven cities.
Suppliers receive more than 13 million sales leads annually from buyers
through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 36 years. In
mainland China it has over 1,700 team members in 44 locations, and a
community of over 1 million registered online users and magazine readers for
Chinese-language media.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Investor Contact in Asia:
Eddie Heng
Tel: +65-6547-2850
Email: eheng@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-602-978-7504
Email: strachan@globalsources.com
Global Sources Investor Contact in U.S.:
Moriah Shilton & Cathy Mattison
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: cmattison@lhai.com
Web site: http://www.globalsources.com
http://www.chinasourcingfair.com/dubai
http://www.chinasourcingreports.com
http://www.corporate.globalsources.com
Global Sources
Press contact in Asia: Camellia So, +852-2555-5021, cso@globalsources.com; Press contact in U.S.: James W.W. Strachan, +1-602-978-7504, strachan@globalsources.com, both of Global Sources; Investors contact in Asia, Eddie Heng of Global Sources, +65-6547-2850, eheng@globalsources.com; Investor Contacts in U.S.: Cathy Mattison & Moriah Shilton, +1-415-433-3777, or cmattsion@lhai.com, both of Lippert/Heilshorn & Associates, Inc. for Global Sources. Photo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b , http://www.newscom.com/cgi-bin/prnh/20070611/HKM001 , PR Newswire Photo Desk, photodesk@prnewswire.com
Digital Watermarking Alliance Reports Industry Demand for Anti-Piracy, Imagery, Broadcast Monitoring and ID Security Solutions ContinuesDigital Watermarking Alliance also announces its participation on the 'Piracy and DRM' panel at Digital Hollywood Spring
LOS ANGELES, June 11 /PRNewswire/ -- The Digital Watermarking Alliance (DWA), an international group of industry leading companies involved in commercializing digital watermarking solutions, today announced the alliance is seeing continued industry demand for real-world solutions to deter the piracy of entertainment content, better manage and measure broadcast programming, enhance the security of driver licenses, and improve the use of commercial and geospatial imagery.
The DWA also announced that it will be represented at the Digital Hollywood Spring conference June 11-14 in Santa Monica by Joe Winograd, who is speaking Wed., June 13 at 10:45 a.m. on behalf of the Alliance on the panel: Piracy and Digital Rights Management: Legal, Legislative and Social Issues Surrounding DRM and Anti-Piracy Implementation. The DWA was also recently represented by Eric Diehl at Broadband World Forum June 5-8 in Beijing, China, with participation on two digital rights management-related panels.
Recent industry developments and news demonstrating growing momentum and interest in digital watermarking solutions include:
-- Cinea, a Dolby company, announced early this year that its digital
watermarking-based anti-piracy solutions were incorporated into 23
award screener films as part of the British Academy of Film and
Television Arts (BAFTA) 2006-2007 awards season. Visit:
http://www.cinea.com/press/BAFTAscreener_0107.pdf. Cinea also launched
the next generation of its Running Marks(TM) system for video on demand
systems and is also offering digital watermarking support for
compressed domain message insertion, allowing system operators to add
powerful and easy-to-use serialization capabilities to their content
distribution methods. Visit:
http://www.cinea.com/press/NAB2007Release.pdf and
http://www.cinea.com/press/MultiCodecNAB2007.pdf
-- DataMark Technologies, a Singapore-based company, announced that the
newest version of its digital watermarking solution, StegMark, will be
distributed together with Hewlett Packard's high-end scanners and also
in Singapore's new traffic enforcement camera systems. StegMark
utilizes patented and standard cryptographic algorithms to secure
digital photographs against modification. StegMark is targeted at law
enforcement agencies and companies required to ensure the authenticity
and copyright of their digital photographs. Visit:
http://www.datamark.com.sg/
-- Digimarc announced a licensing agreement with Card Scanning Solutions.
CSS, a provider of ID scanning and verification solutions, will
incorporate Digimarc digital watermarking inspection capabilities into
its portfolio of ID reading and verification solutions to help
customers such as retailers, insurers and auto dealerships fight
identity theft and fraud by reliably authenticating driver licenses
presented as proof of identity and age. Visit:
http://www.digimarc.com/media/release.asp?newsID=535
-- GCS Research announced a strategic partnership with Valtus to introduce
next-generation geospatial digital watermarking functionality into
Valtus imagery solutions. The companies have built a demonstration of
the capabilities offered by digital watermarking using a homeland
security scenario wherein a "dirty bomb" was detonated in downtown San
Diego, requiring rapid geospatial situational awareness for evacuation
of the affected population and massively scaled response by local,
state, and federal resources into the downtown area. Visit:
http://www.gcs-research.com/index.php/ID/
0f3066688b25c0f828b60a4cae5c4661/fuseaction/announcements.detail.htm
(due to the length of the url you may have to copy and paste this link
into your browser)
-- Philips introduced VTrack, a robust watermarking solution for enhanced
content protection in Pay TV applications that can survive camcorder
copying. VTrack can easily be integrated with the set-top-box chipsets
from major vendors including Broadcom, ST and Texas Instruments.
Moreover, Philips announced an Avid AVX(TM) (Avid Video eXtensions)
plug-in that allows content creators to use Philips watermarking
technology within their Avid editing workflow to protect their content
with a unique watermark. Visit:
http://www.philips.com/ci
-- Signum announced that it continues to expand its base of VeriData and
VeriData iDem users, enabling government agencies to secure digital
images against fraudulent or accidental alteration. Users include over
30 police agencies in the U.K., 10 agencies in the U.S. and large-scale
installations in Australia and South Africa. Visit:
http://www.signumtech.com/
-- Teletrax announced that their contract with ABC Television Network has
been extended to include coverage in all U.S. markets. ABC is the first
Teletrax client to contract to receive broadcast tracking and analysis
across all 210 TV markets in the U.S. ABC Affiliate Marketing utilizes
Teletrax to electronically track the broadcast of its on-air television
show promotions. The company has also added three new direct response
advertising clients to its roster, including media buying agencies RJ
Palmer and Tower Media along with a marketing and advertising agency.
All will use the Teletrax(TM) suite of broadcast verification services
to monitor and track all broadcast, cable and satellite television
airings of its short- and long-form direct response programming. Visit:
http://www.teletrax.tv/index.php/News/Teletrax/
-- NexGuard, Thomson's forensic watermarking solution for audiovisual
content, is now available for set-top boxes and other consumer video
devices to address piracy of movies and TV programming without limiting
the needs of consumers. NexGuard is addressing cable, satellite and
terrestrial operators' security requirements. The solution can be
deployed for every device using ST Microelectronics ST 71XX chipset
series and various CAS providers. Announcements of integration of the
Thomson NexGuard solution for set-top boxes were made at NAB tradeshow
by Irdeto, SecureMedia, and Viaccess. Thomson has also unveiled a
system capable of digitally watermarking content encoded with Microsoft
Windows Media Video 9 (WMV9) or VC-1 Main Profile codecs for
circulation of preview copies and on-line content delivery. Visit:
http://contentsecurity.thomson.net/
-- Verimatrix announced that its VideoMark(TM) forensic watermarking
technology is in the final process of integration with Amino's
AmiNET125 set-top box (STB) for commercial deployments. Visit:
http://www.verimatrix.com/newsevents/press_releasedetail.php?
pressrelease_id=74 (due to the length of the url you may have to copy
and paste this link into your browser)
-- Widevine announced it has expanded its intellectual property portfolio
with the issuance of a patent for digital watermarking. Additionally,
TVN Entertainment is now in full commercial deployment with
watermarking its entire VOD line-up delivered to all major MSOs and
telcos in the U.S with Widevine Mensor(TM). Widevine Mensor
watermarking is also being integrated into the company's recently
announced protection system for Adobe(R) Flash videos. Visit:
http://www.drmwatch.com/article.php/3680811,
http://www.nwinnovation.com/widevine_gets_digital_watermarking_patent/
s-0007662.html, http://www.widevine.com/pr/109_cypher_flash.html
(due to the length of the url you may have to copy and paste this link
into your browser)
The Digital Watermarking Alliance was launched in September 2006 to build awareness of the value of digital watermarking to content owners, industry, policy makers and consumers (http://www.digitalwatermarkingalliance.org/).
Digital watermarks can identify copyrighted content and associated rights, during and after distribution, to determine copyright ownership and facilitate rights management policy while enabling innovative new content distribution and usage models. Digital watermarks are broadly deployed with billions of watermarked objects and hundreds of millions of watermark detectors in the market, supporting various commercial and government applications. For more information about the Digital Watermarking Alliance, please visit: http://www.digitalwatermarkingalliance.org/
About the Digital Watermarking Alliance
The Digital Watermarking Alliance (DWA) is an international alliance of industry leading companies that deliver valuable digital watermarking technology and solutions to a broad range of customers and markets around the world. Member companies include Cinea, Inc., a Dolby company , DataMark Technologies, Digimarc , GCS Research, Gibson, Jura, MediaGrid, Media Sciences International, Philips Electronics, Signum, Teletrax , Thomson (Euronext 18453; NYSE: TMS), Verance, Verimatrix, and Widevine Technologies. For more information, please visit http://www.digitalwatermarkingalliance.org/.
The Digital Watermarking Alliance
CONTACT: Anna Hughes, +1-202-585-0230, Hughes@itstrategies.com, for The Digital Watermarking Alliance
Web site: http://www.digitalwatermarkingalliance.org/
News Archives of June 2007
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