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SoftBrands Releases Two-Way Interface to SynXis' RedX
MINNEAPOLIS, June 12 /PRNewswire-FirstCall/ -- SoftBrands, Inc. , a global supplier of enterprise application software, today announced that it has released a two-way interface to the SynXis RedX Distribution Management System OTA 5.1.0, successfully connecting the SoftBrands Epitome property management system (PMS) and Core central reservation system (CRS) to SynXis' premier distribution service.
"The hospitality industry is not only focused on providing customers with access and control over the booking preferences but also on seamlessly integrating the suppliers, distribution channels and providers to better manage business," said Scott Alvis, president and general manager of SynXis.
The RedX two-way interface allows for the delivery of reservations from the RedX booking channels to the Epitome PMS, but also delivers guest profile information and the ability to manage rates, availability and restrictions from the PMS, which means better control and better business. SynXis provides reservation delivery from all 4 GDSs (Sabre, Galilleo, Amadeus and Worldspan), online travel sites (such as Travelocity, Priceline.com and Orbitz) and hotel websites with the RedX booking engine.
"Providing robust connectivity to SynXis RedX is another example of SoftBrands' commitment to providing its customers with a full range of distribution solutions," said Steve Van Tassel, senior vice president and general manager of SoftBrands Hospitality. "By partnering more closely with SynXis, we can offer our mutual customers better support and an improved ability to maximize both occupancy and rates."
About SynXis(R)
SynXis, a Sabre Holdings company, enables hotels to maximize revenue and reduce costs through innovative, market-driven technology combined with outstanding customized support. The RedX(R) Distribution Management System, at the solution's core, empowers hotel operators to consolidate and manage hotel inventory from all sources -- seamless GDS connectivity, popular Internet travel sites, private-label central reservations systems, and full-service hotel Web sites. It also helps hotels build revenue by enabling them to independently manage each distribution channel from one easy-to-use control center. SynXis operates full-service call centers in North and South America offering private label reservation services to hotels around the world. SynXis is the technology source for more than 8,000 hotels, bed and breakfasts, resorts, and destinations, including, Harrah's, Interstate Hotels & Resorts, Millennium Copthorne, Destination Hotels & Resorts, and Jumeirah Hotels. SynXis' corporate headquarters is in Southlake, Texas, with offices in Denver, Boston, Amsterdam, Singapore and Montevideo. For more information on SynXis and its products, please call +1-682-606-4000, e-mail info@synxis.com, or visit our Web site at http://www.synxis.com/. Sabre Holdings connects people with the world's greatest travel possibilities by retailing travel products and providing distribution and technology solutions for the travel industry. More information is available at http://www.sabre-holdings.com/.
About SoftBrands Hospitality
SoftBrands Hospitality provides central reservation, property management and business intelligence software that can be centrally managed to support many properties within a hotel chain as well as less complex offerings that can be installed on site at an independent hotel. Our distribution service, Karyon, allows hotels to easily manage rates and inventory availability across all four Global Distribution Systems and many other online sources of demand. SoftBrands is committed to the Hospitality Industry and are active members of OpenTravel, HTNG, HSMAI, HFTP, HEDNA, AH&LA, AAHOA, NBTA & PHMA.
About SoftBrands
SoftBrands, Inc. is a leader in providing software solutions for businesses in the manufacturing and hospitality industries worldwide. The company has established a global infrastructure for distribution, development and support of enterprise software, and has approximately 5,000 customers in more than 100 countries actively using its manufacturing and hospitality products. SoftBrands, which has approximately 825 employees, is headquartered in Minneapolis, Minnesota, with branch offices in Europe, India, Asia, Australia and Africa. Additional information can be found at http://www.softbrands.com/.
Contact Information
Christina Lanier
Public Relations Director, Hospitality
813.949.4153
christina.lanier@softbrands.com
SoftBrands, Inc.
CONTACT: Christina Lanier, Public Relations Director, Hospitality of
SoftBrands, +1-813-949-4153, christina.lanier@softbrands.com
Web site: http://www.softbrands.com/
http://www.synxis.com/
http://www.sabre-holdings.com/
Openwave Strengthens Executive Leadership Team With Appointment of Hari Haran As Senior Vice President of Worldwide Field OperationsGeneral Managers for Americas and Client Business Also Appointed
REDWOOD CITY, Calif., June 12 /PRNewswire-FirstCall/ -- Openwave Systems Inc. , the leading provider of independent software products and services for the communications industry, today announced the recent appointment of Hari Haran to senior vice president of worldwide field operations.
"We are pleased to have attracted a world-class telecom industry executive to lead Openwave's global sales and services efforts," said Robert Vrij, president and chief executive officer of Openwave. "After a number of years spent in previous international roles, Hari brings extensive knowledge of the global communications market to Openwave. I look forward to working with Hari in deepening relationships with our global customers and driving the delivery of our pioneering products into the market."
Haran, who has spent more than 20 years in the telecommunications industry, formerly served as vice president and general manager of Lucent EMEA, where he helped grow the business from $500 million to $2.5 billion in annual revenue. Haran will oversee Openwave's global field organization and all customer-facing functions, including sales, professional services and global support. He will also serve as a key member of the executive team and will be responsible for the successful execution of Openwave's global sales and services strategy.
Haran worked with several start-ups in senior executive-level roles, most recently as CEO of LongBoard, a leading fixed-mobile convergence company. Previously, he spent more than 12 years in various management positions at Lucent, Bell Labs and AT&T Network Systems.
Openwave also announced it has further strengthened its sales operations with the recent appointments of Sean MacNeill as general manager for the Americas region and Gordon Tsang as general manager for the client business, a newly created position designed to place increased focus on re-establishing Openwave's position as a market leader in client software.
Both appointments will report directly to Hari Haran, and together with current sales management, they will be focused on working with the regional sales and services teams to improve sales and services execution and further strengthen relationships with key Openwave customers.
MacNeill brings more than 15 years of experience in sales, operations, business development, and general management to Openwave, as well as a successful track record of executing large deals. MacNeill joins Openwave from SoluNet, Inc., an industry-leading total network solutions provider and value-added network integrator, where he was Chief Operating Officer, and bringing a deep understanding of the market for converged services. Previously, MacNeill served as President and Chief Operating Officer of Dynavar Corporation, an integrated communications solution provider in the telecommunications industry that was acquired by SoluNet in August 2006. Tsang brings more than 17 years of telecommunication experience to his new role. During the past three years, he has served as Openwave's area vice president for the Asia-Pacific region, a tenure highlighted by consistent sales execution and leadership in implementing Openwave's browser migration program.
About Openwave
Openwave Systems Inc. is the leading independent provider of software solutions that ignite mobility for the communications and media industries. Openwave empowers its customers to rapidly transform their business by sparking new revenue streams and market opportunities, building loyal subscriber communities and reducing operational costs. Openwave's broad range of IP-based handset-to-network solutions enable the rapid launch of information, communication and entertainment services across networks and devices and include handset software, content delivery, adaptive messaging, location, music and video services. Openwave is a global company headquartered in Redwood City, California. For more information please visit http://www.openwave.com/.
Openwave and the Openwave logo are trademarks of Openwave Systems Inc. or its subsidiaries. All other trademarks are the properties of their respective owners.
Cautionary Note Regarding Forward Looking Statements
In particular, the following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: (a) the ability to change business strategy, development plans and product offerings; (b) the ability to successfully implement and recognize cost savings; (c) the ability to develop and commercialize new products; (d) the results of Harbinger's unsolicited partial tender offer; (e) industry and customer adoption and acceptance of new products; (f) risks associated with the development and licensing of software generally, including potential delays in software development and technical difficulties that may be encountered in the development or use of our software; and (g) increased global competition and pricing pressure on our products.
For a detailed discussion of these and other cautionary statements, please refer to the risk factors discussed in filings with the U.S. Securities and Exchange Commission ("SEC"), including but not limited to the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2006, and any subsequently filed reports. All documents also are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at http://www.sec.gov/ or from Openwave's website at http://www.openwave.com/.
Openwave Systems Inc.
Investor Relations
Mike Bishop
investor@openwave.com
Tel: 650-480-4461
Public Relations
Vikki Herrera
Vikki.Herrera@openwave.com
Tel: 650-480-6753
Openwave Systems Inc.
CONTACT: Investor Relations, Mike Bishop, +1-650-480-4461,
investor@openwave.com, or Public Relations, Vikki Herrera, +1-650-480-6753,
Vikki.Herrera@openwave.com, both of Openwave Systems Inc.
Web site: http://www.openwave.com/
Rentrak FY2007 Net Income and Earnings Per Share Increase 35 Percent on 13 Percent Revenue Growth- Company Expands Multi-Screen Media Measurement Services to Include Mobile and TV Set Top Box Tracking -
PORTLAND, Ore., June 12 /PRNewswire-FirstCall/ -- Rentrak Corp. today announced financial results for its fourth quarter and fiscal year ended March 31, 2007.
Fourth Quarter Results
Fourth quarter net income increased five percent to $1.7 million, or $0.15 per diluted share, compared with $1.6 million, or $0.14 per diluted share, in last year's comparable period. Fourth quarter revenues of $28.3 million were nearly equal to last year's fourth quarter revenues of $28.4 million. Fourth quarter PPT segment revenues totaled $23.8 million, a decrease of four percent compared with $24.8 million in last year's comparable period. On a sequential basis, PPT revenues increased three percent compared with $23.1 million in the third quarter of fiscal 2007, reflecting a comparable slate of titles and steady consumer demand for rental and purchase of titles offered under revenue-sharing terms. Fourth quarter AMI segment revenues increased 23.5 percent to $4.4 million, compared with $3.6 million in last year's fourth fiscal quarter.
Selling and administrative expenses in the fourth quarter totaled $6.9 million, or 23.7 percent of revenue, compared with $6.3 million, or 22.3 percent of revenue, in last year's fourth quarter and $6.3 million, or 23.4 percent of revenue, in the third quarter of fiscal 2007. The increased year-over-year spending is related primarily to the company's continuing development, enhancement and marketing of its Essentials Suite(TM) services, together with incremental non-cash, stock-based compensation expenses of approximately $197,000 related to the company's April 1, 2006 adoption of SFAS 123(R).
Fourth quarter operating income of $2.4 million improved 10.7 percent from $2.2 million in last year's fourth quarter.
Fiscal 2007 Results
Net income for fiscal year 2007 increased 35.4 percent to $6.0 million, or $0.54 per diluted share, compared with net income of $4.5 million, or $0.40 per diluted share, in fiscal 2006. Fiscal year 2007 revenues totaled $106.0 million, a 13.5 percent increase over fiscal 2006 revenues of $93.4 million, and above the company's previous revenue guidance of at least $100 million. Fiscal year 2007 PPT segment revenues increased 11.4 percent to $90.6 million compared with $81.3 million in fiscal 2006, benefiting from a strong slate of available titles and strong consumer demand for rental and purchase of titles offered under revenue-sharing terms. Fiscal year 2007 AMI segment revenues increased 27.4 percent to $15.4 million, compared with $12.1 million in fiscal 2006.
Selling and administrative expenses totaled $24.9 million, or 23.5 percent of revenue, compared with $22.2 million, or 23.8 percent of revenue, in fiscal 2006. The increased year-over-year spending related primarily to the company's continuing development, enhancement and marketing of its Essentials Suite(TM) services, together with incremental non-cash, stock-based compensation expenses of approximately $856,000.
Full fiscal year 2007 operating income improved 41.8 percent to $8.6 million from $6.0 million in fiscal 2006.
Rentrak Chairman and Chief Executive Officer Paul Rosenbaum commented, "Fiscal year 2007 was an outstanding year for Rentrak, as our Essentials Suite(TM) of services gained important new customers and our multi-screen media measurement strategy demonstrated great promise. Revenues climbed comfortably above $100 million driven by double digit growth in our PPT and AMI divisions, while income from operations of $8.6 million and net income of $6.0 million were the highest in the past five years.
"Over the past year, we've continued to establish strong new relationships with leading cable MSOs, added new customers in our PPT and AMI segments, opened up new opportunities, and in May announced our move into the mobile TV platform through an agreement with HiWire."
Rosenbaum continued, "Rentrak has come a long way over the past five years by following a deliberate and methodical strategy. We've leveraged our proprietary data management and reporting technologies, added seasoned executives from key industry segments and carefully nurtured relationships of trust based on performance to create paths into new segments.
"Our success over the past two years with OnDemand Essentials(TM) has demonstrated our census-level capabilities to the broader television industry and opened doors into conventional television where $68 billion is spent annually on advertising and $2 billion on research. Rentrak is collecting TV data from set top boxes and testing its new TV Essentials service that tracks and reports anonymous second-by-second viewership information on programs and advertising. We believe our ability to capture TV viewership data at these levels of detail across tens of millions of set top boxes covering hundreds of channels and geographic markets is an incredibly important point of differentiation for Rentrak. The doors to TV would have been out of Rentrak's reach had we not invested time and capital to develop strong relationships of trust in the on-demand market."
Rosenbaum continued, "We believe more strongly than ever that Rentrak's multi-screen media measurement strategy is perfectly timed to capitalize on the powerful industry trends toward increased media fragmentation and measurement complexity. The media measurement company that positions itself to help industry leaders build successful new media business models around new distribution platforms will find itself in a very favorable position. We intend to make Rentrak that media measurement company.
"Rentrak's vision is to become the most reliable and trusted independent provider of timely, cross-platform media measurement and analytics in the multi-screen, digital world. We're working closely with industry leaders to design new services that track and report entertainment and advertising consumption on a timely basis across all platforms and at a level of detail that was never before possible.
"The trusted relationships we've built with our current data providers and customers, combined with our proprietary IT capabilities, give us what we believe to be a lead of several years over our nearest competitor, and each new vertical platform we address with a new service maintains or extends that lead. Our proprietary IT capabilities are designed to be quickly adaptable to address the information demands of new platforms with minimum incremental investment.
"Therefore, in fiscal year 2008 we'll continue to increase the use of our cash flow to develop services that track viewership of media distributed over mobile networks, broadband and on TV. Only by continuing to invest will Rentrak be positioned to realize its vision of offering the industry the most complete, most reliable, most accurate, and most timely cross-platform information accessible through a single, interactive, easy-to-use portal that makes analysis faster, more insightful and more actionable."
Rosenbaum concluded, "Everything we envisioned five years ago about how the media market would change with the advent of digital distribution is coming true. At that time, we had a core set of tools that we knew could be expanded to address the needs of the industry as it began to explore multiple new platforms. We made a commitment to develop new services so they would be ready for our customers when their digital, multi-platform distribution models materialized. Today, that's just beginning to happen, and the investments we've made over the past five years are enabling us to offer equally sophisticated media measurement technologies. As digital distribution platforms evolve and gain consumer acceptance, we believe that our Essentials Suite of services have the potential to produce substantial annual revenues and generate a significant return to our investors."
Conference Call
Rentrak has scheduled a conference call for 2 p.m. (PDT) on Tuesday, June 12, 2007 to discuss its financial performance. Shareowners, members of the media and other interested parties may participate in the call by dialing 866-831-5605 from the U.S. or Canada, or 617-213-8851 for international callers, passcode 30881696. An audio replay of the conference call is available through midnight June 13 by dialing 888-286-8010 from the U.S. or Canada, or 617-801-6888 from international locations, passcode 86359282. This call is being webcast by CCBN and can be accessed at Rentrak's web site at http://www.rentrak.com/ where it will be archived through June 12, 2008. The webcast is also accessible over CCBN's Investor Distribution Network and available to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at http://www.fulldisclosure.com/ or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (http://www.streetevents.com/).
About Rentrak Corporation
Rentrak Corporation, based in Portland, Oregon, is an information management company serving clients in the media, entertainment, retail, advertising and manufacturing industries. The company's Entertainment Essentials(TM) suite of services is redefining media measurement in the digital broadband era. Entertainment Essentials provides customers with near-real-time, actionable insight into performance of content distributed over a wide variety of modern media technologies. Available by license or subscription, each Entertainment Essentials application allows executives to analyze detailed industry-wide and title-specific data to make decisions that enhance the bottom line and provide competitive advantage. For further information, please visit Rentrak's corporate Web site at http://www.rentrak.com/.
Safe Harbor Statement
When used in this discussion, the words "anticipates," "expects," "intends" and similar expressions are intended to identify forward-looking statements. Such statements relate to, among other things, the revenues and results of operations for the company's PPT(R) and information services segments and are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could affect Rentrak's financial results include customer demand for movies in various media formats subject to company guarantees, the company's ability to attract new revenue-sharing customers and retain existing customers, the company's success in maintaining its relationships with studios and other product suppliers, the company's ability to successfully develop and market new services to create new revenue streams, and Rentrak's customers continuing to comply with the terms of their agreements. Additional factors that could affect Rentrak's financial results are described in Rentrak's March 31, 2007 annual report on Form 10-K and subsequent quarterly reports filed with the Securities and Exchange Commission. Results of operations in any past period should not be considered indicative of the results to be expected for future periods.
(Financial Tables Follow)
Rentrak Corporation and Subsidiaries
Consolidated Balance Sheets
(In thousands, except per share amounts)
March 31,
2007 2006
Assets
Current Assets:
Cash and cash equivalents $11,351 $15,666
Marketable securities 22,105 14,832
Accounts receivable, net of allowances for
doubtful accounts of $596 and $461 19,965 18,314
Note receivable 385 --
Advances to program suppliers, net of
program supplier reserves of $23 and $32 166 225
Deferred income tax assets 77 110
Other current assets 574 607
Total Current Assets 54,623 49,754
Property and Equipment, net of accumulated
depreciation of $6,325 and $5,876 5,097 3,623
Deferred Income Tax Assets -- 312
Other Assets 652 639
Total Assets $60,372 $54,328
Liabilities and Stockholders' Equity
Current Liabilities:
Accounts payable $13,707 $15,493
Taxes payable 125 972
Accrued liabilities 455 532
Deferred rent, current portion 90 --
Accrued compensation 1,631 1,366
Deferred revenue 460 484
Total Current Liabilities 16,468 18,847
Deferred Rent, long-term portion 1,050 --
Deferred Income Tax Liabilities 333 --
Notes Payable 955 --
Total Liabilities 18,806 18,847
Commitments and Contingencies -- --
Stockholders' Equity:
Preferred stock, $0.001 par value;
10,000 shares authorized; none issued -- --
Common stock, $0.001 par value; 30,000
shares authorized; shares issued and
outstanding: 10,724 and 10,697 11 11
Capital in excess of par value 48,155 48,069
Accumulated other comprehensive income 132 181
Accumulated deficit (6,732) (12,780)
Total Stockholders' Equity 41,566 35,481
Total Liabilities and Stockholders'
Equity $60,372 $54,328
Rentrak Corporation and Subsidiaries
Condensed Consolidated Income Statements (Unaudited)
(In thousands, except per share amounts)
For the Three Months For the Twelve Months
Ended March 31, Ended March 31,
2007 2006 2007 2006
Revenue $28,257 $28,391 $105,998 $93,394
Operating expenses:
Cost of sales 19,134 19,861 72,492 65,111
Selling and administrative 6,698 6,339 24,938 22,241
Net loss from litigation
settlements -- -- -- --
Asset impairment -- -- -- --
25,832 26,200 97,430 87,352
Income from operations 2,425 2,191 8,568 6,042
Other income (expense):
Interest income 406 323 1,521 1,016
Interest expense (2) -- (7) (2)
404 323 1,514 1,014
Income before income taxes 2,829 2,514 10,082 7,056
Provision for income taxes 1,169 934 4,034 2,590
Net income $1,660 $1,580 $6,048 $4,466
Basic net income per share $0.16 $0.15 $0.57 $0.42
Diluted net income per share $0.15 $0.14 $0.54 $0.40
Shares used in per share
calculations:
Basic 10,662 10,631 10,632 10,575
Diluted 11,243 11,151 11,170 11,047
Contacts:
Paul Rosenbaum Investors
Rentrak Corporation PondelWilkinson Parham
Chairman & CEO Ron Parham
503-284-7581 503-297-0202
par@rentrak.com rparham@pondel.com
Rentrak Corp.
CONTACT: Paul Rosenbaum, Chairman & CEO of Rentrak Corporation,
+1-503-284-7581, par@rentrak.com; or investors, Ron Parham of PondelWilkinson
Parham, +1-503-297-0202, rparham@pondel.com, for Rentrak Corp.
Web site: http://www.rentrak.com/
http://www.streetevents.com/
http://www.fulldisclosure.com/
Alternate Marketing Networks Reported on 2006 Financial Results, 2007 Projections and Shareholder Dividend at Annual Meeting
HUDSONVILLE, Mich., June 12 /PRNewswire-FirstCall/ -- Alternate Marketing Networks, Inc. (OTC Pink Sheets: ALTM) held its annual meeting on June 6, 2007 at its Schaumburg, Illinois office. As earlier reported, the Company had a net profit of $1,701,255 on sales of $31,952,054 for fiscal year ended December 31, 2006. The unaudited statements were prepared and presented by management. Alternate Marketing Networks became a non-reporting company pursuant to a Form 15 filed with the Securities and Exchange Commission effective January 2, 2004. The Company currently has 8,029,906 shares issued and outstanding.
The Company noted that it believes that sales and earnings for 2007 will be down from 2006 but higher than 2005. The Company is not actively pursuing any acquisitions and continues to invest in its interactive and promotional activities.
In addition, the Company announced that the previously reported cash dividend of ten cents per share on the Company's common stock will be paid later in the month. The dividend is payable June 20, 2007 to shareholders of record as of June 6, 2007.
Alternate Marketing Networks, Inc. provides print, interactive and promotional media solutions to national advertisers throughout the United States through its sole subsidiary, National Home Delivery, Inc., which operates through three divisions: U.S. Suburban Press (USSPI), Custom Media Solutions (CMS) and Specialty Media Solutions (SMS).
Certain statements in this press release that are not historical fact may be "forward-looking statements". Actual events may differ materially from those projected in any forward-looking statement. There are a number of important factors involving risks and uncertainties beyond the control of the Company that could cause actual events to differ materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this press release.
Alternate Marketing Networks, Inc.
CONTACT: Phil Miller, Chairman and CEO of Alternate Marketing Networks,
Inc., +1-616-662-6420, ext. 12, or pmiller@altmarknet.com
Web site: http://www.altmarknet.com/
Rockford Fosgate Mustang Package Rocks StangNet.com's New GT500 Project Adding PUNCH(R) to the Ultimate Pony Car
TEMPE, Ariz., June 12 /PRNewswire-FirstCall/ -- Rockford Corporation today announced its collaboration with StangNet.com and Classic Design Concepts (CDC) to bring a high performance audio package solution to StangNet's latest flagship project car, a fully built and very bold new Shelby GT500 Mustang.
"The Glassback GT500 grabs attention at every level, from its hand-styled exterior treatments to the high performance modifications lurking between the wheel wells. Bringing the audio system up to speed was a logical next move" Said George Huisman, President of Classic Design Concepts. To achieve this goal, StangNet.com and CDC contacted the experts at Rockford Fosgate, the leader in high performance mobile audio for over 25 years.
Rockford Fosgate's Mustang Audio Package was designed to provide second-to-none audio performance and compliment the overall needs and styling of StangNet's GT500. Rockford Fosgate began with clear goals set for the audio treatments; A front sound stage with impact, crystal clear and detailed high frequency reproduction and bass performance synonymous with our Rockford Fosgate sonic signature. To achieve these goals, a system design was created with requirements for 8-inch door woofers, front and rear 6.5-inch full-range component speakers, a long-throw 12-inch subwoofer and 2 Kilowatts of power.
Focusing first on the front stage in the car, Rockford Fosgate provided a pair of P2D48 8-inch woofers, powered by a new T400-2 Power series amplifier generating 400-watts. P162S 6.5-inch component speakers were then installed into the front and rear factory locations. Front and rear component speakers come alive via Rockford's legendary Power1000 amplifier, a single chassis 5- channel 1,400-watt flagship model that celebrates our 25 years of success. With only the need for heart-stopping bass remaining, a P2D412 PUNCH long-throw 12-inch subwoofer was loaded into a custom molded enclosure and mounted in the passenger side trunk area with a matching amplifier rack located on the driver side. The 5th channel of the Power1000 amplifier was tasked with creating the 600-watts needed for the subwoofer to dish out the boom.
"The final result of this GT500 project is nothing short of amazing". Said Joe Dahlquist, OEM Marketing Specialist for Rockford Corporation. "The components selected and their application provided a sound system that perfectly compliments the car, killer looks and killer performance. Who says you can't have the best of both worlds?"
The StangNet.com Shelby GT500 will be displayed at the Mid American Shelby & Ford meet in Tulsa, OK. June 14th to 17th and is also scheduled for SEMA in the Fall of 2007.
About Rockford Corporation (http://www.rockfordcorp.com/)
Rockford is a designer, manufacturer and distributor of high-performance audio systems for the mobile audio aftermarket and for the OEM market. Rockford's mobile audio products are marketed primarily under the Rockford Fosgate, Rockford Acoustic Design and Lightning Audio brand names.
Brand websites include: http://www.rockfordfosgate.com/, http://www.rockfordacousticdesign.com/, http://www.lightningaudio.com/ and http://www.installedge.com/.
Rockford Corporation
CONTACT: Joe Dahlquist, OEM Marketing Specialist of Rockford
Corporation, +1-480-444-3237, Joe.Dahlquist@rockfordcorp.com
Web site: http://www.rockfordcorp.com/
http://www.rockfordfosgate.com/
http://www.rockfordacousticdesign.com/
http://www.lightningaudio.com/
http://www.installedge.com/
JINPAN INTERNATIONAL LIMITED Material Research Breakthrough
ENGLEWOOD CLIFFS, N.J., June 12 /PRNewswire-FirstCall/ -- JINPAN INTERNATIONAL LIMITED announced today that they have successfully completed design verification testing for a R&D undertaking that will revolutionize the way they build a particular transformer product which is supplied to one of their major customers. This project was initiated in conjunction with JST's customer and will provide an overall cost reductions that will benefit each company. The R& D is centered about using non- conventional materials in the transformer design which results in significant cost benefits without compromising performance. The use of this material is unprecedented in the industry for these types of cast resin transformers which JST manufactures.
STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY'S CONTROL, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.
JINPAN INTERNATIONAL LIMITED
CONTACT: Mr. Rick Wolff, +1-201-227-0680
Web site: http://www.jstusa.net/
Salesforce.com Chief Strategy Officer to Host Roth Capital Investor GroupEvent to be Webcast Live on salesforce.com's Investor Relations Website
SAN FRANCISCO, June 12 /PRNewswire-FirstCall/ -- Salesforce.com , the market and technology leader in on-demand business services today announced that Tien Tzuo, Chief Strategy Officer of salesforce.com, will host a Roth Capital led investor group at the Company's San Francisco, California, headquarters on Thursday, June 14, 2007 at 9:00am (PDT) / 12:00pm (EDT).
(Logo: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO)
An audio webcast of Mr. Tzuo's presentation will be available on salesforce.com's website at http://www.salesforce.com/investor.
About salesforce.com
Salesforce.com is the market and technology leader in on-demand business services. The company's Salesforce suite of on-demand CRM applications allows customers to manage and share all of their sales, support, marketing and partner information on-demand. The Salesforce Platform, the world's first on-demand platform, enables customers, developers and partners to build powerful new on-demand applications that extend beyond CRM to deliver the benefits of multi-tenancy and The Business Web across the enterprise. The Salesforce Platform allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange directory, available at http://www.salesforce.com/appexchange . Customers can also take advantage of Successforce, salesforce.com's world-class training, support, consulting and best practices offerings.
As of April 30, 2007, salesforce.com manages customer information for approximately 32,300 customers including ABN AMRO, America Online (AOL), Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, Staples and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com/, or call 1-800-NO-SOFTWARE.
Salesforce.com is a registered trademark of salesforce.com, and AppExchange, The Business Web, IdeaExchange and Successforce are trademarks of salesforce.com, Inc., San Francisco, California. Other names used may be trademarks of their respective owners.
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salesforce.com
CONTACT: David Havlek, Investor Relations, +1-415-536-2171,
dhavlek@salesforce.com, or Gordon Evans, Public Relations, +1-415-536-7608,
gevans@salesforce.com, both of salesforce.com
Web site: http://www.salesforce.com/
Stratos Shareholders Approve Acquisition by CIP CanadaClosing expected by end of third quarter following final regulatory approvals
BETHESDA, MD, June 12 /PRNewswire-FirstCall/ -- Stratos Global Corporation ("Stratos" or the "Corporation") today announced shareholder approval of the plan of arrangement between Stratos and CIP Canada Investment Inc. ("CIP Canada") by which CIP Canada will acquire all of Stratos' outstanding shares for a cash price of C$7.00 per share. The total transaction value, including assumption of net debt, is US$624 million. The transaction remains subject to regulatory approvals, and is expected to close by the end of the third quarter.
The arrangement resolution was approved by 85.1 percent of the votes cast at the annual and special meeting of Stratos shareholders held earlier today.
"We are extremely pleased with the shareholders' decision on this transaction," said Charles Bissegger, Stratos' chairman of the Board of Directors. "We believe the acquisition of Stratos by CIP Canada is in the best interest of our shareholders, customers, partners, and employees. We now look forward to bringing the transaction to closure later this year."
CIP Canada is a wholly owned subsidiary of Communications Investment Partners Limited (CIP), a professional investment company with a focus on satellite services. The transaction will be indirectly financed by Inmarsat Finance III Limited, a wholly owned subsidiary of Inmarsat plc.
About Stratos
Stratos (TSX: SGB), with over a century of service, is the world's trusted leader for vital communications, offering the most powerful and extensive portfolio of remote communications products, including mobile and fixed satellite and microwave services. Stratos' more than 20,000 customers use its services on seven continents and across the world's oceans. Stratos serves U.S. and international government, military, first responder, NGO, oil and gas, industrial, maritime, aeronautical, enterprise, and media users. For more information visit http://www.stratosglobal.com/.
Stratos Global Corporation
CONTACT: Investor Contact: Alfred Giammarino, Executive Vice President &
CFO, (301) 968-1926, alfred.giammarino@stratosglobal.com
TROY Introduces 2015 MICR Security Printer Powered by HP LaserJet 2015 Secured by TROY
COSTA MESA, Calif., June 12 /PRNewswire-FirstCall/ -- TROY Group, Inc. (OTC Pink Sheets: TROY.PK), a Worldwide Provider in Secure Output Solutions, announces the TROY MICR 2015 Printer, the newest addition to TROY's line of Secure Printing Solutions. Based on the Hewlett-Packard P2015 LaserJet Printer, TROY's MICR 2015 offers a cost-effective printing solution with built-in security to help protect your on-demand check printing process.
Each unit is powered by an HP LaserJet P2015, but modified in TROY's ISO 9001:2000 certified facility to include MICR and security features from TROY. A low-volume unit, this solution is an exceptional way to print checks in a small office environment. The TROY MICR 2015 is available with a variety of features, including built in duplexer, network capabilities, as well as a lockable trays and is delivered with a TROY MICR Toner Secure(TM) Cartridge which contains an anti-fraud feature available only by TROY.
"TROY is adding the 2015 to its extensive line of security printers. The 2015 replaces the 1320 providing a solution which allows small businesses to affordably print checks," states Larry Landtiser, Executive Vice President and General Manager, Security Printing Solutions, "Our continual development of high quality products gives TROY the ability to introduce solutions to a full range of customers."
With first page out in less than 8.5 seconds, the 2015 is a low cost energy star printer. For individuals printing low check volumes each month the TROY MICR 2015 provides the ability to print 27 pages per minute with a duty cycle of 15,000 pages per month. The HP integrated printer and cartridge design allows TROY to create a MICR solution for the 2015 printer using the integrated cartridge which provides a more reliable low cost solution over the life of the printer. The TROY MICR 2015 can be also be used to print standard applications.
TROY will also offer a MICR Font Memory Kit, which will provide the ability to upgrade the standard HP P2015 with MICR capabilities.
About TROY Group
TROY Group, Inc. ("TROY") is a worldwide provider of secure payment solutions. Our security printing solutions include application software, high security check printing hardware and specialized consumables for secure printing and payment applications. Our ACH (Automated Clearing House) software includes ACH processing and origination software and consulting services. We sell and service our products to major corporations, banks, key government accounts and distributors worldwide. Visit TROY at http://www.troygroup.com/.
Forward-looking statements of TROY (statements that are not historical fact) in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terms such as believe, expect, may, will, estimate, could and should, and the negative of these terms or other similar expressions. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, but, are not limited to, the ability to develop new products, the ability to hire and retain qualified management, technology and other personnel, the impact of competition from existing and new technologies and companies and the other factors set forth in our periodic reports and other documents that we distribute from time to time which are available in our financial statements under certain important factors on our website TROYgroup.com or pinksheets.com. Statements included in this news release are based upon information known to TROY as of the date of this release, and TROY assumes no obligation to update information contained in this news release.
Note to Editors: TROY is a registered trademark of TROY Group, Inc. Hewlett-Packard is a trademark of Hewlett-Packard, Inc. All other trademarks are property of their respective holders.
For More Information Contact:
John Hodgson, Director of Marketing
TROY Group, Inc.
3 Bryan Drive
Wheeling, WV 26003-6121
(304) 232-0899
(304) 232-0996 Fax
http://www.troygroup.com/
TROY Group, Inc.
CONTACT: John Hodgson, Director of Marketing of TROY Group, Inc.,
+1-304-232-0899, or fax, +1-304-232-0996
Web site: http://www.troygroup.com/
Total Site Solution Closes Over $1.5 Million of Technology Consulting Engagements with New Customers
COLUMBIA, Md., June 12 /PRNewswire-FirstCall/ -- Fortress International Group (BULLETIN BOARD: FAAC) , and its wholly owned subsidiary, Total Site Solutions (TSS), a company providing comprehensive services for the planning, design and development of mission critical facilities and information infrastructure, today announced that TSS continues to experience success in its PYRAMID based GO-TO-MARKET strategy, in which the Company markets its services at the top of the project cycle. The strategy positions TSS as a consultant and engineer to the market place in order to establish its relationship with customers in the very early stages of the customer's project cycle.
Recently TSS secured mission critical technology consulting services contracts totaling more than $1.5 million to a significant number of top-tier customer organizations including:
-- Howard County General Hospital
-- Federal Reserve
-- eBay
-- Capital One
-- CSXIP
-- University Healthcare Systems
-- George Mason University
-- Diversified Information Technology
-- Thomson Financial
These new customers add to the growing list of blue chip corporations and organizations which TSS counts as clients. A more complete list can be found on the TSS website: http://www.totalsiteteam.com/.
Speaking of the engagements, Jerry Gallagher, CEO of TSS said, "These contracts are typical of how we envision our growth plans. These engagements will assist the customers in determining strategic options and or design services, and we will look for opportunities to provide these customers with other critical services in the area of construction management and facility management of their mission critical sites. For example, the Well Span project reported last quarter has already converted into a significant construction management contract for TSS and we believe our relationships with other customers will develop as well."
"These engagements also confirm a significant element of our market opportunity," added Thomas Rosato, Chairman of TSS. "We believe that our concentration of expertise regarding mission critical projects provides us with the opportunity to supplant the traditional vendors that customers are working with on their mission critical facilities. These new customers will also continue to strengthen the diversity of our backlog and improve our ability to create recurring revenue with a broader base of well established companies."
ABOUT TOTAL SITE SOLUTIONS
Total Site Solutions (TSS) plans, designs, builds and maintains specialized facilities such as data centers, trading floors, call centers, network operation centers, communication facilities, laboratories and secure facilities. For more than a quarter-century, the TSS team has pioneered building robust and scalable infrastructure into mission-critical facilities. The firm offers unsurpassed expertise in the infrastructure systems (electrical, mechanical, telecommunications, security, fire protection and building automation) that are the critical facility's lifeblood. TSS's comprehensive portfolio of services and multi-disciplinary expertise provide customers a highly respected single source for critical services that bridge the gap between IT and facilities.
Headquartered in the Baltimore-Washington corridor, TSS provides complete turnkey facility services from the initial planning stages, to construction, to ongoing maintenance of the completed project. Its clients include the world's most demanding mission-critical organizations, including Fortune 500 firms and US government agencies.
For more information, visit http://www.totalsiteteam.com/ or call 888-321-4TSS (4877).
FORWARD-LOOKING STATEMENTS
This document may contain "forward-looking statements" - that is, statements related to future-not past-events, plans, and prospects. In this context, forward-looking statements may address matters such as our expected future business and financial performance, and often contain words such as "guidance," "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For Fortress, particular uncertainties that could adversely or positively affect the Company's future results include: the Company's reliance on a significant portion of its revenues from a limited number of customers; the uncertainty as to whether the Company can replace its declining backlog; risks involved in properly managing complex projects; risks relating to revenues under customer contracts, many of which can be canceled on short notice; risks related to the implementation of the Company's strategic plan, including the ability to make acquisitions and the performance and future integration of acquired businesses; and other risks and uncertainties disclosed in the Company's filings with the Securities and Exchange Commission. These uncertainties may cause the Company's actual future results to be materially different than those expressed in the Company's forward-looking statements. The Company does not undertake to update its forward-looking statements.
Company Contact:
Tom Rosato
Chief Executive Officer
Fortress International Group
Phone: 410.312.9988 x 222
Investor Relations:
John McNamara
Cameron Associates
(212) 245-8800 Ext. 205
john@cameronassoc.com
Fortress International Group
CONTACT: Tom Rosato, Chief Executive Officer of Fortress International
Group, +1-410-312-9988 x 222; or Investor Relations: John McNamara of Cameron
Associates, +1-212-245-8800 Ext. 205, john@cameronassoc.com, for Fortress
International Group
Web site: http://www.totalsiteteam.com/
The Knot, Inc. is Proud to Announce the Arrival of TheNestBaby.comLeading Lifestage Media Company Launches Web Hub to Coach First-Time Parents Through Pregnancy & Parenthood
NEW YORK, June 12 /PRNewswire-FirstCall/ -- Before their third anniversary, 60% of TheKnot.com's annual 1+ million newlyweds will be pregnant. In response to the growing demand for pregnancy advice and resources, The Knot Inc. a leading lifestage media and services company, has given birth to a new hip and helpful hub for first-time parents: TheNestBaby.com.
(Photo: http://www.newscom.com/cgi-bin/prnh/20070612/NYTU107-A )
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Designed using the one-stop web resource model that made TheKnot.com the Internet's most popular online wedding planning destination, TheNestBaby.com has been crafted to guide the information-hungry parents of the 4+ million babies born in the U.S. each year through the uncharted territory of pregnancy and parenthood by bringing modern advice, an active community, and detailed local content together in a single website.
Harnessing the power of social networking, TheNestBaby.com connects parents to their peers and personalized advice -- using an unparalleled combination of user-generated content and up-to-date community features including baby blogs, local reviews, lists, profiles, photo galleries, and topic-based message boards. This highly interactive community gives moms to-be 24-hour access to the equivalent of thousands of phone calls to friends (many of whom have already connected through the online communities on TheKnot.com and TheNest.com).
Like TheKnot.com, TheNestBaby.com also provides pregnant moms and new parents with essential information such as stage-by-stage advice, expert Q&As, interactive tools, product reviews, checklists, as well as local events listings and resource reviews powered by Lilaguide.com, the Web's largest searchable database of real-parent feedback on local baby doctors, stores, and services.
"For years the brides who planned their weddings on TheKnot.com have been begging us to create 'The Knot for new moms,'" explains Carley Roney, The Knot Cofounder & Editor in Chief. "TheNestBaby.com combines our tell-it-like-it-is approach to advice with super-addictive social networking features and deep local content -- in a single destination."
TheNestBaby.com comes click-ready with these key features:
-- TRYING TO CONCIEVE COMMUNITY
Building upon the already burgeoning pre-pregnancy conversations on
TheNest.com (The Knot Inc.'s online resource for recently married
couples), TheNestBaby.com begins its relationship with users even
before the positive pregnancy test. The site has niche communities and
editorial areas devoted to infertility, adoption, twins, and more.
-- 30,000+ BEST-RANKED LOCAL BABY SERVICES Powered by Lilaguide.com
Access to candid reviews and contact information for the best-ranked
family-friendly eateries, baby gear retailers, nurses, nannies,
pediatricians, music and gym classes, mommy networks, and more, broken
down by zip code in thousands of neighborhoods in 30 U.S. cities, from
Brooklyn to Newport Beach.
-- TRIMESTER-BY-TRIMESTER SUPPORT
From morning sickness to labor pains and sleepless nights with an
infant, users can check in-by trimester and baby stage-with other
soon-to-be moms and new parents for support in numbers (at any time,
day or night).
-- "BABY BOOK" BLOGS & PHOTO GALLERIES
Create a family homepage at TheNestBaby.com, where you can post pics
of your growing belly, nursery, and newborn, alongside personal blog
entries, message board posts, and favorite articles on
TheNestBaby.com.
-- REAL Q&A FROM EXPERTS WITH REAL EXPERIENCE
Get answers to hundreds of essential (or embarrassing) questions on
fertility, pregnancy, or baby care from other real moms and our panel
of pros (ob-gyns, midwives, fertility specialists, lactation
consultants, therapists, and pediatricians) who are all parents too.
-- OVULATION TOOLS, KICK LOGS & PARENTING CHECKLISTS
Play with a myriad of interactive tools designed to help you have fun
while you prepare for baby's arrival, from when to get pregnant to
what to pack in your baby bag. Plus, find out if the addicting Chinese
gender chart really works!
-- THE WEB'S BIGGEST BABY NAME BLOG
Nicolas or Nathaniel? Amanda or Addison? Check out TheNestBaby
Editor's blog on the best baby namers on the Web, and stop by the baby
naming board to poll thousands of other moms on your potential nomers.
-- THE NEST BABY SHOP
Shop for hundreds of personalized baby gifts, nursery essentials and
an array of adorable, creative products for parents and their bundles
of joy: from sentimental presents to unique favors for a stylish baby
shower.
The Nest Baby can be found at TheNestBaby.com.
ABOUT THE KNOT, INC.
The Knot, Inc. is a leading lifestage media company. The Company's flagship brand, The Knot, is the nation's leading wedding resource, reaching well over one million engaged couples each year through the #1 wedding website TheKnot.com, The Knot Wedding magazines and The Knot, The Knot books (published by Random House and Chronicle), and several television series bearing The Knot name (on Style Network, Oxygen, and Comcast). The Nest focuses on the newlywed-to-pregnancy lifestage with the popular lifestyle website TheNest.com, a home décor book series with Clarkson Potter, The Nest magazine, and baby offshoot TheNestBaby.com. Also under The Knot, Inc. umbrella are e-commerce and service sites for weddings(WeddingChannel.com, ShopforWeddings.com, WedORama.com, GiftRegistryLocator.com); party planning site PartySpot.com; teen-oriented PromSpot.com; online personals site GreatBoyfriends.com; and local baby services and community site Lilaguide.com. The Knot Inc. is based in New York and has several other offices across the country.
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AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
The Knot Inc.
CONTACT: Melissa Bauer, Sr. Public Relations Manager, The Knot Inc.,
+1-212-219-8555 x1020, or pr@thenestbaby.com
Web site: http://www.theknot.com/
http://www.thenestbaby.com/
SCORE and Verizon Launch New Online Business Training at www.SCORE.orgFree Workshops Promote Use of Technology and Business-Growth Strategies
NEW YORK, June 12 /PRNewswire/ -- Small-business owners across the country now have access to free online training in the use of technology for marketing, e-commerce and business efficiency through workshops created jointly by Verizon and SCORE "Counselors to America's Small Business."
The two new online courses at http://www.score.org/ provide entrepreneurs with instruction for using technology and proven practices that will lead to business growth. SCORE and Verizon plan to expand the range of free learning tools on the SCORE Web site in the coming months. New online workshops will include some designed specifically for women and minority entrepreneurs.
"SCORE appreciates Verizon's support in helping provide entrepreneurs with valuable online tools that offer real-world applications," said SCORE CEO Ken Yancey. "These and future workshops will help serve the needs of many small- business owners who seek to better understand technology, marketing and business-growth issues."
Michael McLaughlin, director of marketing for Verizon's small-business team, said, "Smart use of technology can help small businesses become big businesses. Verizon has a long track record of providing the tools for e- commerce and effective business communications, and our alliance with SCORE allows entrepreneurs to put them to the best use."
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving 60.7 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon has a diverse workforce of more than 238,000 and last year generated consolidated operating revenues of more than $88 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
SCORE "Counselors to America's Small Business" is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. More than 10,500 volunteer counselors provide individual counseling and business workshops for aspiring entrepreneurs and small business owners. Counselors work with entrepreneurs through every phase of their entrepreneurial venture: generating and assessing ideas, preparing a business plan, raising capital and managing the operations and finances of the growing venture. SCORE has assisted more than 7 million Americans with online and face-to-face small business counseling. The SCORE Association was formed in 1964. For more information, visit http://www.score.org/.
Verizon
CONTACT: Jon Davies of Verizon, +1-805-231-3985, or
jon.davies@verizon.com; or Michael Keaton of SCORE, +1-202-205-7637, or
michael.keaton@score.org
Web site: http://www.verizon.com/
http://www.score.org/
Company News On-Call: http://www.prnewswire.com/comp/618232.html
Plug Power Announces Webcast of Investor Presentation on June 13, 2007
LATHAM, N.Y., June 12 /PRNewswire-FirstCall/ -- Plug Power Inc. , a leader in providing clean, reliable on-site energy products, today announced that Chief Marketing Officer Mark Sperry will deliver a presentation to investors at the Thomas Weisel Partners' Alternative Energy Conference 2007 on Wednesday, June 13 at 8:30 a.m. (EDT) in New York City.
Sperry's presentation will encompass Plug Power's growth strategy, products and services and market opportunities. The Company will offer a live audio feed of the presentation, which can be accessed by going directly to Plug Power's Web site at http://www.plugpower.com/ and selecting the appropriate link on the home page. The audio feed will also be archived on Plug Power's Web site for a period following the event.
Sperry will also conduct one-on-one meetings with investors and analysts throughout the morning. Investors can schedule a one-on-one meeting by contacting their representative at Thomas Weisel Partners.
About Plug Power
Plug Power Inc. , an established leader in the development and deployment of clean, reliable, on-site energy products, integrates fuel cell technology into backup and primary power products for telecommunications, material handling, utility and uninterruptible power supply applications. The Company is actively engaged with private and public customers in targeted markets throughout the world, including North America, Europe, the Middle East, Russia, South Africa and South America. For more information about how to join Plug Power's energy revolution as an investor, customer, supplier or strategic partner, please visit http://www.plugpower.com/.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to our 2007 milestones and statements regarding our growth plans. We believe that it is important to communicate our future expectations to our investors. However, there may be events in the future that we are not able to accurately predict or control and that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements, including, without limitation, the risk that the anticipated synergies of the Cellex Power and General Hydrogen acquisitions are not realized, that unit orders will not ship, be installed and/or convert to revenue, in whole or in part; Plug Power's ability to develop commercially viable on-site energy products; the cost and timing of developing Plug Power's on-site energy products; market acceptance of Plug Power's on-site energy products; Plug Power's ability to manufacture on-site energy products on a large-scale commercial basis; competitive factors, such as price competition and competition from other traditional and alternative energy companies; the cost and availability of components and parts for Plug Power's on-site energy products; Plug Power's ability to establish relationships with third parties with respect to product development, manufacturing, distribution and servicing and the supply of key product components; Plug Power's ability to protect its intellectual property; Plug Power's ability to lower the cost of its on-site energy products and demonstrate their reliability; the cost of complying with current and future governmental regulations; the impact of deregulation and restructuring of the electric utility industry on demand for Plug Power's on- site energy products and other risks and uncertainties discussed under "Item IA-Risk Factors" in Plug Power's annual report on Form 10-K for the fiscal year ended December 31, 2006, filed with the Securities and Exchange Commission ("SEC") on March 16, 2007, and the reports Plug Power files from time to time with the SEC. Plug Power does not intend to and undertakes no duty to update the information contained in this press release.
Plug Power Inc.
CONTACT: Media, Cynthia Mahoney White of Plug Power Inc., +1-518-782-7700
ext. 1973, Mobile, +1-518-527-1172 or cynthia_mahoneywhite@plugpower.com; or
Investors, Deborah K. Pawlowski of Kei Advisors for Plug Power Inc.,
+1-716-843-3908, +1-716-843-3874, or mobile +1-716-310-3949, +1-732-778-9966
or dpawlowski@keiadvisors.com
Web site: http://www.plugpower.com/
Comcast Named to 40 Best Companies for Diversity List by Black Enterprise MagazineNation's leading cable company also recognized as one of the 15 best companies for workforce diversity.
PHILADELPHIA, June 12 /PRNewswire/ -- Comcast was named to Black Enterprise's (BE) third annual list of the top 40 companies for diversity and also was recognized as one of the 15 best companies for workforce diversity.
"Comcast is thrilled to be named to this prestigious list," said Charisse Lillie, Vice President, Human Resources, Comcast Corporation. "This honor is a tribute to our senior leadership and our employees who make a commitment to diversity each day at Comcast."
BE's corporate diversity survey focused primarily on activities related to the participation of African Americans and other ethnic minority groups in four key areas: supplier diversity, senior management, board involvement and employee base. In selecting the top 40, BE conducted a comprehensive outreach effort to the CEOs and diversity executives of the top-grossing 1,000 publicly traded companies and the 50 leading global companies with significant U.S. operations.
"In developing this year's list, we wanted to make sure we identified companies that viewed diversity as a business imperative," says BE Careers and Lifestyle Editor Sonia Alleyne.
In 2007, Comcast was named to Essence Magazine's 25 Great Places to Work list, Black MBA Magazine's Top 50 Companies for Black MBAs to Work list and DiversityInc magazine's Top 50 Corporations for Diversity. In 2006, Comcast was named one of America's Top 50 corporations for multicultural business opportunities by DiversityBusiness.com, for the third consecutive year.
Comcast's overall commitment to diversity is focused in four key areas: attracting and retaining a multicultural workforce, developing a diverse supplier group, offering a wide selection of multicultural programming and pledging significant community investments.
The complete special report on the best companies for diversity, including methodology and selection criteria, is available in the July 2007 issue of Black Enterprise, on newsstands June 26.
About Comcast Corporation
Comcast Corporation ( http://www.comcast.com/ ) is the nation's leading provider of cable, entertainment and communications products and services. With 24.2 million cable customers, 12.1 million high-speed Internet customers, and 3.0 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.
Comcast's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, VERSUS, G4, AZN Television, PBS KIDS Sprout, TV One, Comcast SportsNet and Comcast Interactive Media, which develops and operates Comcast's Internet business. Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.
About Black Enterprise
Black Enterprise, your ultimate guide to financial empowerment, is the premier business and investment resource for African Americans. Since 1970, BE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. The monthly publication provides 3.9 million readers with information on entrepreneurship, careers, and financial management. As the definitive source of information for and about African American business markets and leaders, BE is the authority for business news and trends.
Comcast Corporation
CONTACT: Brooke Manbeck of Comcast Corporation, +1-215-286-5092
Web site: http://www.comcast.com/
Trend Micro Tackles Web Threats With Enterprise Desktop Security SolutionLatest version of Trend Micro(TM) OfficeScan(TM) extends protection beyond the corporate network with innovative Web reputation technology
CUPERTINO, Calif., June 12 /PRNewswire-FirstCall/ -- Trend Micro Incorporated , a leader in network antivirus and content security software and services, today announced the availability of the latest edition of its corporate desktop security solution, Trend Micro(TM) OfficeScan(TM) 8.0. The first corporate solution to have the new Web reputation technology blended into its functionality, OfficeScan 8.0 is also the first corporate desktop security solution to be awarded Microsoft(TM) Windows Vista certification. The solution provides greater protection against Web threats through the addition of Web Security Rating and enhanced anti-spyware technology.
OfficeScan 8.0 provides businesses a powerful layer of protection against multiple types of attack, including file-based malware, spyware, viruses, rootkits and network attacks such as hacking attempts. With mobile users often connecting to the Internet from remote connections such as airports, hotels and cafes, OfficeScan 8.0 extends protection beyond the corporate network with innovative Web threat protection technology. The new technology protects endpoints from accessing malware-related websites, based upon a dynamic evaluation of individual DNS-domain reputation.
In addition to the new technology enhancements, Trend Micro is also pleased to announce that Trend Micro OfficeScan 8.0 has recently been awarded Microsoft Vista certification. This reaffirms Trend Micro's commitment to delivering security protection and peace of mind to businesses that are planning the roll-out of Microsoft's new operating system.
"Enterprise endpoints are increasingly mobile, and laptops are now outnumbering desktops at many major corporations. It is clear that increasing mobility combined with the evolving sophistication of Web threats requires enterprises to look differently at how their security is enforced," said Max Cheng, general manager, Trend Micro enterprise business operations. "Trend Micro OfficeScan extends security beyond the network, providing dynamic, innovative protection against Web threats."
Deploying security can be a significant effort for enterprises, especially when it comes to deployment across a large number of clients. In recognition of this, Trend Micro has further enhanced OfficeScan with an extensible plug-in architecture. This architecture enables the easy deployment of additional new functionality to installed clients, without an administrator needing to redistribute or reinstall OfficeScan. This enables enterprises to efficiently maintain endpoint security with the most current OfficeScan technology available.
OfficeScan is a key component of the Trend Micro Enterprise Protection Strategy that weaves OfficeScan together with other solutions, providing a deeply layered defense against complex attacks involving both email and the Web. Trend Micro Enterprise Protection Strategy provides a comprehensive, multi-layered approach to network security. This strategy is one of the most effective security solution frameworks available for today's enterprise, protecting every network endpoint from the gateway to the desktop. All products in the Enterprise Protection Strategy are centrally managed through Trend Micro Control Manager(TM) for a coordinated defense against network and web threats.
Availability and Pricing
Trend Micro OfficeScan 8.0 is general available in English language immediately. North American pricing starts at US $26.06 per user, for 1001-users. For further information regarding OfficeScan 8.0, please visit: http://www.trendmicro.com/
About Trend Micro Incorporated
Trend Micro Incorporated is a pioneer in secure content and threat management. Founded in 1988, Trend Micro provides individuals and organizations of all sizes with award-winning security software, hardware and services. With headquarters in Tokyo and operations in more than 30 countries, Trend Micro solutions are sold through corporate and value-added resellers and service providers worldwide. For additional information and evaluation copies of Trend Micro products and services, visit our Web site at http://www.trendmicro.com/ .
Trend Micro, OfficeScan, and the t-ball logo are trademarks or registered trademarks of Trend Micro Incorporated. All other company or product names may be trademarks or registered trademarks of their owners.
Trend Micro Incorporated
CONTACT: Michael Sweeny, +1-408-863-6384, michael_sweeny@trendmicro.com,
or Mike Haro, +1-408-850-1069, Mike_Haro@trendmicro.com, both of Trend Micro
Incorporated
Web site: http://www.trendmicro.com/
Would-Be Moguls Will be Fishing for Profits as Majesco Announces 'Fish Tycoon' for the Nintendo DS(TM)
BRISTOL, England, June 12 /PRNewswire/ --
- With Photo
BRISTOL, England, June 12 /PRNewswire/ --
- Award-Winning Game Offers Real-Time Simulation Gameplay With
Entrepreneurial Twist
Turn your Nintendo DS(TM) into a virtual fish store with Fish Tycoon(R),
a unique fish-breeding simulation game from Majesco Entertainment Company
(NASDAQ: COOL), an innovative provider of video games and digital
entertainment products for the mass market. Originally created by Last Day of
Work and published by Big Fish Games as an online PC game, Fish Tycoon won
the 2006 iParenting Media Award and ranked in the top 10 of all 2006 casual
games for more than 40 straight weeks. Now, Majesco is bringing the
successful PC title to the Nintendo DS audience.
"As its popularity attests, Fish Tycoon is one of those exceptional games
with a unique premise that captures and holds your attention," said John
Merchant, Marketing Manager, Majesco Europe. "We believe that the game's
exclusive DS features and extensive Touch Screen use will ensure the handheld
iteration builds upon the PC version's success."
"We're excited to introduce this truly unique game to the handheld
market," said Paul Thelen, CEO of Big Fish Games. "Fish Tycoon is one of
those rare games whose appeal transcends platforms, genres, and demographics.
It is the perfect choice to be our first game released in the handheld
market."
"We feel Majesco is the perfect partner to bring Fish Tycoon to the DS,"
said Arthur Humphrey, CEO, Last Day of Work. Their history of unique and
successful titles on the DS shows that they have exactly the kind of vision
that will make this release a huge success."
"Staying alive" even when the Nintendo DS is off, Fish Tycoon is a
fish-breeding simulation that lets players raise fish in real-time virtual
aquariums and crossbreed them to their liking to create new breeds to sell in
their store. Selling fish provides funding for supplies, medicine, special
chemicals, technology research and store advertising to attract more
customers. Players start with a small selection of fish that they must
nurture and breed as they work to discover the correct genetic combination
for the "7 Magic Fish."
Additional game features include:
- Special DS-only features: 7 exclusive fish yield nearly twice
as many fish types as the PC version (over 750!); all new 3D environments
and several new tank decorations;
- Extensive use of the Touch Screen to breed fish, make purchases
and decorate tanks;
- Simulated real-time experience yields potential surprises every
time you turn the game on. Choose from 4 speed options to dictate how
time passes in game. Take regular care of your fish or watch your hard
work get flushed down the drain!
- Set your own prices for specific fish based on prior sales and
present needs;
- Buy fish tanks, decorations, plants, fish eggs, fish food, and
medicine to enhance the aesthetic of your tank;
- Research environment, food, and advertising techniques to
discover how to keep your rare fish healthy, feed more fish per feeding
and attract additional customers.
Fish Tycoon for the Nintendo DS is being developed by Aquaria
Interactive, Majesco's new internal development studio.
About Majesco Entertainment Company
Headquartered in Edison, NJ, with an international office based in
Bristol, UK, Majesco Entertainment Company (NASDAQ: COOL) is an innovative
provider of video games and digital entertainment products for the mass
market, with a focus on publishing video games for leading portable systems
and the Wii(TM) console. More information about Majesco can be found online
at www.majescoentertainment.com and www.majescoeurope.com.
About Big Fish Games, Inc.
Big Fish Games(TM), Inc., a developer, publisher, and distributor of
casual, family-friendly games, has one of the largest and highest-quality
game catalogs on the Internet with more than 400 titles, a global network
reach of over 25 million monthly unique users, and distribution partners such
as Viacom and NBC. Through partnerships with more than 400 game developers,
Big Fish Games offers consumers "A New Game Every Day" and makes acquiring
and playing Internet-delivered downloadable and online games a safe, easy and
reliable experience for more than 500,000 customers daily. The success of Big
Fish Games' entertainment portal and the introduction of hit game franchises
like Mystery Case Files(R), Hidden Expedition(TM) and Travelogue 360(TM) from
Big Fish Games' studios group have established Big Fish Games as a leading
worldwide consumer brand. Visit Big Fish Games at www.bigfishgames.com.
About Last Day of Work, LLC
Last Day of Work is an independent game studio based in San Francisco,
CA. The company is dedicated to lovingly crafting successful, casual video
games for Windows and Macintosh. Specializing in innovative "Virtual Life"
games that bend the definitions of existing genres and run in true real-time,
Last Day of Work has produced best-selling titles that include Fish Tycoon(R)
and the Virtual Villagers(R) series. Their upcoming game, Plant Tycoon(R) is
scheduled for release later this year. More information about Last Day of
Work is available online at www.ldw.com.
Safe Harbor
Certain statements contained herein are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995,
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking statements
may be identified by reference to a future period(s) or by the use of
forward-looking terminology, such as "may," "will," "intend," "should,"
"expect," "anticipate," "estimate" or "continue" or the negatives thereof or
other comparable terminology. The Company's actual results could differ
materially from those anticipated in such forward-looking statements due to a
variety of factors. These factors include but are not limited to, the demand
for our products; our ability to complete and release our products in a
timely fashion; competitive factors in the businesses in which we compete;
continued consumer acceptance of our products and the gaming platforms on
which our products operate; fulfillment of orders preliminarily made by
customers; adverse changes in the securities markets and the availability of
and costs associated with sources of liquidity. The Company does not
undertake, and specifically disclaims any obligation, to release publicly the
results of any revisions that may be made to any forward-looking statements
to reflect the occurrence of anticipated or unanticipated events or
circumstances after the date of such statements.
Note to Editors:
A picture accompanying this release is available through the PA
Photowire. It can be viewed at www.mediapoint.press.net or
www.prnewswire.co.uk
Majesco Entertainment Company
Contact: John Merchant, Majesco Europe, +44-117-373-6151, jmerchant@majescoentertainment.com
Women Involved in Farm Economics Issues Letter of Support for SIRIUS-XM Satellite Radio MergerCross Country Signal Allows Farmers Everywhere to Enjoy Top Quality Music, News, Entertainment and Sports Programming
WASHINGTON, June 12 /PRNewswire-USNewswire/ -- Women Involved in Farm Economics (WIFE) today endorsed the SIRIUS and XM satellite radio merger and encouraged the Federal Communications Commission (FCC) to allow the deal to go through.
"The farms and rural communities we represent have been well-served by satellite radio," said WIFE President Pam Potthoff, in a letter to the FCC. "Approval of the merger between SIRIUS and XM will ensure that our communities continue to receive important informational service via satellite radio, and also will provide our constituents with more programming choices at improved prices."
Rural communities benefit greatly from the weather, emergency, and other informational services provided by satellite radio. SIRIUS regularly broadcasts 24/7 news and weather information during natural disasters and other emergencies while XM provides Red Cross Radio, which delivers critical information for victims and relief workers in disaster zones.
In addition to the weather, emergency and other informational services provided by SIRIUS and XM, rural communities enjoy and depend upon satellite radio to provide a diverse selection of programming. Both companies provide a broad range of channels, including specialized choices that appeal to our members and are unmatched by other service providers. The merger of SIRIUS and XM will enhance these programming options for rural listeners and consumers everywhere.
WIFE was organized in December 1976 at Sidney, Nebraska as a non-profit agricultural association. We are a grassroots organization dedicated to improving profitability in production agriculture through educational, legislative, communicative, and cooperative efforts. To learn more, visit http://www.wifeline.com/.
SIRIUS
CONTACT: Pam Potthoff of Women Involved in Farm Economics,
+1-308-276-2548
Web site: http://www.wifeline.com/
Circuit City Stores, Inc. to Host First Quarter Results Conference Call
RICHMOND, Va., June 12 /PRNewswire-FirstCall/ -- Circuit City Stores, Inc. announced that it plans to report first quarter results on Wednesday, June 20, 2007.
The company expects to host a conference call for investors at 11:00 a.m. EDT that day. Investors in the United States and Canada may access the call at (800) 399-0127. Other investors may access the call at (706) 634-7512. A live Web cast of the conference call will be available on the company's investor information home page at http://investor.circuitcity.com/.
A replay of the call will be available by approximately 2:00 p.m. EDT on June 20 and will remain available through June 27. Investors in the United States and Canada may access the recording at (800) 642-1687, and other investors may dial (706) 645-9291. The access code for the replay is 3865723. A replay of the call also will be available on the Circuit City investor information home page.
About Circuit City Stores, Inc.
Circuit City Stores, Inc. is a leading specialty retailer of consumer electronics and related services. At May 31, the domestic segment operated through 643 Superstores and 13 other locations in 158 U.S. media markets. At May 31, the international segment operated through 800 retail stores and dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com/, http://www.thesource.ca/ and http://www.firedog.com/.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010709/CCLOGO )
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010709/CCLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Circuit City Stores, Inc.
CONTACT: Bill Cimino, Director of Corporate Communications,
+1-804-418-8163, or Jessica Clarke, Investor Relations, +1-804-527-4038, or
Patty Whitten, Investor Relations, +1-804-527-4033, all of Circuit City
Stores, Inc.
Web site: http://www.circuitcity.com/
http://investor.circuitcity.com/
http://www.thesource.ca/
http://www.firedog.com/
CSI Announces Payment of Quarterly Dividend
HECTOR, Minn., June 12 /PRNewswire-FirstCall/ -- Communications Systems, Inc. announced that the Company's Board of Directors has declared a cash dividend of $.10 per share of common stock payable to shareholders of record on June 22, 2007. The dividend will be distributed on July 1, 2007.
Communications Systems, Inc.
CONTACT: Curtis A. Sampson, Chairman, President and Chief Executive
Officer, or Jeffrey K. Berg, President and Chief Operating Officer, or Paul N.
Hanson, Vice President-Finance, all of Communications Systems, Inc.,
+1-320-848-6231
Thousands of Households in Florida's New Port Richey, Hudson and Southwestern Pasco County Can Now Receive Verizon's Fiber-Driven FiOS TVStartlingly Clear TV Pictures as Well as the Fastest Internet Speeds and Unlimited, 99.9 Percent Reliable Voice Services Now Available from Verizon
NEW PORT RICHEY, Fla., June 12 /PRNewswire/ -- The wait is over for more than 10,000 households in southwestern Pasco County as Verizon Tuesday (June 12) announced the availability of FiOS TV and the company's popular FiOS triple-play bundles to parts of this area. The services are delivered over Verizon's all-fiber network, directly to people's homes and businesses.
Previously, FiOS services were available to more than 66,000 households elsewhere in Pasco County, primarily in the Wesley Chapel and Land O Lakes areas, as well as other nearby locations. This is the first expansion of FiOS service to new areas in Pasco County.
"We are steadily adding to our fiber footprint in Pasco County and work daily to bring in even more households in the community," said John Ferrell, Verizon's senior vice president and general manager for the Southeast region. "We have been receiving regular inquiries from citizens in and around New Port Richey who are eager to experience the difference fiber can mean in their telecommunications and TV services. I'm happy to say that today we can make many of those people satisfied FiOS customers, with more to follow in the near future."
To date, Verizon has deployed 5 million feet of fiber in Pasco County and more than 48 million feet of fiber in its Florida service territory. More than 450,000 households in Hillsborough, Pasco, Sarasota, Manatee and northern Pinellas counties can now order one or more of the FiOS services.
Verizon, providing FiOS services on the nation's most advanced digital all-fiber-optic network, recently had its FiOS Internet service named a winner of PC World Magazine's 100 Best Products of 2007 Awards. The only Internet service to make the prestigious list, Verizon FiOS Internet was ranked fourth on the magazine's roster of what it calls "the finest products and services of the past 12 months," which were selected "based on exemplary design, features, performance and innovation." Additionally, only Verizon's network has earned the certification of the independent Fiber to the Home Council for providing fiber all the way to customers' homes.
Consumers can check online at http://www.verizon.com/fiostv to see if FiOS TV is already available in their area, or to request that Verizon contact them when FiOS TV is available. To order FiOS TV, consumers can call their local Verizon sales office or 1-877-4-FIOS-TV (1-877-434-6788).
Service Highlights
Verizon's FiOS TV Premier package delivers 200 all-digital channels for $42.99 per month. All Tampa Bay-area customers have access to 29 high- definition (HD) channels and 8,600 on-demand titles, 60 percent of which are free. Verizon offers three set-top boxes: standard definition for $4.99 per month; high definition, which includes HD channels, for $9.99 per month; and a dual-tuner, HD-capable digital video recorder for $12.99 per month.
Verizon also offers innovative features not available from other providers, such as Home Media DVR (digital video recorder) and FiOS TV Widgets. Home Media DVR, at $19.99 per month, has a multi-room DVR feature enabling up to three simultaneous viewings of recorded programs without requiring customers to set up a complex home network or buy extra equipment. Customers also can access photos and music on their PCs and play them on their TV. FiOS TV Widgets is a free interactive feature that provides viewers with local weather and traffic information while they're watching their favorite shows.
Currently, Verizon is also offering triple- and double-play bundles built around its FiOS service. The lineup for Verizon FiOS bundles in Florida is:
Triple plays
-- 20/5 Mbps (megabits per second) FiOS Internet service, FiOS Premier TV
and Freedom Essentials voice -- $109.99 per month.
-- 5/2 Mbps FiOS Internet service, FiOS Premier TV and Freedom Essentials
voice -- $99.99 per month.
Double plays
-- 20/5 Mbps FiOS Internet service and Freedom Essentials voice -- $69.99
per month.
-- 5/2 Mbps FiOS Internet service and Freedom Essentials voice -- $59.99
per month.
"Our all-fiber-optic network delivers a superior customer experience today and has an abundance of bandwidth for the exciting services we'll offer in the future," said Ferrell. "We also believe our bundled services offer both a great price and great value right now."
Verizon will bring FiOS TV in 2007 and beyond to additional communities in the six-county west central Florida area. The Florida legislature recently passed the Consumer Choice Act of 2007, which was signed into law May 18 by Gov. Charlie Crist and will speed franchise approvals in cities and counties where Verizon currently does not have a franchise. In addition to Florida, Verizon currently offers FiOS TV in parts of California, Delaware, Virginia, Maryland, Massachusetts, New Jersey, New York, Pennsylvania and Texas.
Fiber delivers amazingly sharp pictures and sound and has the capacity to transmit a wide array of high-definition programming that is so clear and intense it seems to leap from the TV screen. It also delivers Internet download speeds of up to 50 Mbps and upload speeds of up to 5 Mbps as well as high-quality voice service.*
The value of FiOS TV extends to the installation and customer support. Specially trained Verizon technicians will install the service and acquaint subscribers with FiOS TV features and services. Verizon is waiving the installation fee for up to three existing TV outlets, and there is no charge to install a needed optical network terminal at the subscriber's home. Charges for other installation services, such as additional outlets, may apply. Verizon provides 24x7 technical assistance by phone from its specialized Fiber Solutions Centers.
*NOTE: actual (throughput) speeds will vary.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving 60.7 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon has a diverse workforce of more than 238,000 and last year generated consolidated operating revenues of more than $88 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon
CONTACT: Bob Elek of Verizon, +1-813-483-2541, or bob.elek@verizon.com
Web site: http://www.verizon.com/
http://www.verizon.com/news
http://www.verizon.com/fiostv
Company News On-Call: http://www.prnewswire.com/comp/618232.html
Sarasota County, Florida, To Replace Touch Screen Voting Machines With Diebold Election Systems' Optical Scan and AutoMARK(TM) Voting SolutionsMany Florida counties rely on Diebold's paper ballot voting solution
ALLEN, Texas, June 12 /PRNewswire/ -- The commissioners of Sarasota County, Fla., have unanimously voted to replace their touch screen voting machines from another supplier with optical scan and AutoMARK(TM) ballot marking voting solutions from Diebold Election Systems, Inc. (DESI).
Sarasota County's touch screen machines have been in use for five years, and were used in last November's disputed 13th Congressional District election. The new DESI voting equipment, which uses a fully auditable paper ballot, is expected to be in place for the November 2007 elections. Sarasota County's decision brings to 32 the number of counties in Florida that use DESI optical scan voting solution with a fully auditable paper ballot.
Sarasota County is the first of 15 Florida counties that will replace existing touch screen voting systems with optical scan technology as required by Florida law.
"Receiving the unanimous vote to serve as the election systems provider for Sarasota County is a significant achievement and privilege for our company," said David Byrd, president, Diebold Election Systems. "Our proven optical scan voting solution already used in many Florida jurisdictions will ensure that every vote cast in Sarasota County is safe, secure and accurate."
The contract with Sarasota County will be for approximately 200 AccuVote- OS(TM) units and 188 AutoMARK ballot marking devices.
Diebold's optical scan solution has been a proven performer for many years in jurisdictions in Florida and throughout many areas of the United States. More than 70 percent of Florida's jurisdictions conducting the June 5 special primary election for state senator in District 3, and state representatives in Districts 24 and 43 used DESI's optical scan equipment.
"The Diebold optical scan machines worked very well during the election, and we are pleased with the excellent service and support we receive from the company," stated Susan Gill, Citrus County supervisor of elections. "We have used the Diebold system for over nine years. Numerous recounts through the years have verified the accuracy and reliability of the system. Our voters have confidence in the Diebold optical scan voting system."
AccuVote-OS is an optical scan unit that allows precinct-based counting of paper ballots. After marking a ballot, the voter inserts the ballot into the AccuVote-OS equipment to be cast and counted.
The AutoMARK ballot marking device enables voters with vision and physical disabilities to make clearly marked selections on the paper ballot using voice guidance navigation or a "sip n' puff" accessibility device.
About Diebold Election Systems
Diebold Election Systems, Inc. is a wholly owned operating subsidiary of Diebold, Incorporated , a global leader in providing integrated self-service delivery systems and services. Headquartered in Allen, Texas, Diebold Election Systems provides high-quality voting technology to jurisdictions of all sizes, along with comprehensive service and support capability, and is committed to elections accuracy, security and integrity. For more information on Diebold Election Systems, visit the company's Web site at http://www.dieboldes.com/, or call 1-800-433-VOTE.
Diebold Election Systems, Inc.
CONTACT: Media, David Bear of Diebold Election Systems, +1-317-997-9300,
dbear@pstrategies.com
Web site: http://www.dieboldes.com/
Interop(R) Global Brand Thrives After Successful Las Vegas EventIndustry Continues to Look to North America's Premier Business Technology Event For Insight into the Future of the Market
SAN FRANCISCO, June 12 /PRNewswire/ -- With the recent conclusion of CMP Technology's Interop Las Vegas 2007, strong momentum generated from the successful event has once again propelled the Interop brand forward, continuing to drive the growth and innovation of the trillion dollar global business technology market. This year's increased buyer attendance on the Interop Las Vegas show floor was a direct result of double digit increases in both exhibitors and attendees.
At Interop Las Vegas 2007, IT and business decision-makers jammed conference sessions, with topics such as security, Unified Communications, Green IT, mobility, data center, storage and SMB topics taking center stage during the week, reflecting the most pressing issues in the business technology industry today. Interop continues its momentum in 2007 at Interop New York, taking place October 22-26, as well as at Interop Tokyo (June 11-15), Interop Berlin (November 6-8), and Interop Moscow (May 30-31). Interop Las Vegas will return to the Mandalay Bay Convention Center in 2008 April 27 through May 2.
"As the lines between software and infrastructure blur, the business technology industry is at the beginning of a new cycle of innovation, with collaboration leading the way as the key enabler of this evolution," said Lenny Heymann, Interop General Manager. "As the leading event for business technology leaders, Interop will continue to expand its scope and its global reach to help business technology professionals worldwide incorporate the latest innovations into their organizations."
"Interop continues to rank among the most important forums for systems vendors, IT buyers, executives, press and industry analysts to exchange knowledge, promote solutions and make IT purchasing decisions," says Brian Riggs, Research Director, Current Analysis. "Interop Las Vegas 2007 came alive with a vibrant combination of product marketing, salesmanship and technical education."
Recently, CMP Technology announced that Software 2008, the industry's largest vendor-neutral gathering of software leaders, will co-locate with Interop Las Vegas 2008. This integration perfectly mirrors the interdependence of software and hardware in today's business technology environment, providing everyone -- from buyers to sellers of technology -- a single stage to participate in the conversation.
Additional information on Interop global events is available online at http://www.interop.com/.
About Interop(R)
Interop(R) drives the adoption of technology, providing knowledge and insight to help IT and corporate decision-makers achieve business success. Part of CMP Technology's family of global brands, Interop is the leading business technology event series. Through in-depth educational programs, workshops, real-world demonstrations and live technology implementations in its unique InteropNet and InteropLabs programs, Interop(r) provides the forum for the most powerful innovations and solutions the industry has to offer. As the meeting place for the global business technology community, Interop events in 2007 include Interop Las Vegas, May 20-25, Mandalay Bay Convention Center, Las Vegas; Interop Moscow, May 30-31, Forum Hall, Moscow; Interop Tokyo, June 11-15, Mukahari Messe, Tokyo; Interop New York, October 22-26, Javits Convention Center, New York City; and Interop Berlin, November 6-8, Fairground Berlin. For more information about these events, visit http://www.interop.com/.
About CMP Technology
CMP Technology (http://www.cmp.com/) is a marketing solutions company serving the technology industry. Through its market-leading portfolio of trusted information brands, CMP has earned the confidence of more technology professionals than any other media company. As a result, CMP is the premier provider of access, insight and actionable programs designed to connect sellers and buyers in ways that yield superior return on investment. CMP Technology is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com/), a global provider of news distribution and specialist information services with a market capitalization of more than $3 billion.
CMP Technology
CONTACT: Natalia Wodecki, PR Manager of CMP Technology, +1-415-947-6762,
NWodecki@cmp.com
Web site: http://www.cmp.com/
http://www.interop.com/
http://www.unitedbusinessmedia.com/
AT&T blue room Expands Music Content Through New Online Elements, Adds Access Via TV ScreenAT&T blue room music Will Give Fans Dedicated, 24-Hour Online Radio Stations; Web-Archived Coachella Performances Now Available Via AT&T TV Services
SAN ANTONIO, June 12 /PRNewswire-FirstCall/ -- AT&T Inc. has announced plans for an upcoming multipronged, cross-platform effort to give consumers greater access to exclusive music content from AT&T blue room (http://www.attblueroom.com/), including the launch of a 24-hour streaming radio "Festival channel." Also included, for the first time, is the on-demand availability of archived music performances from Coachella and other festivals across AT&T TV services.
"We continue to look for ways to build on the past success of AT&T blue room music by delivering more and more ways for fans to connect with and immerse themselves in the music they love," said Mikal Harn, vice president, AT&T Consumer Marketing. "Starting with the webcasts, which continue to be huge, and now with the addition of features such as the streaming blue room radio, we are giving people what they want while highlighting the benefits of a great broadband experience -- it's a win-win for everyone."
Dedicated Online Radio Channel
Since fall of last year, AT&T blue room music has offered fans the opportunity to expand the live webcast experience through the 24-hour streaming blue room radio Festival channel. Beginning this week, AT&T will expand blue room radio to include four additional channels, which will provide a unique parallel to current blue room music content.
Through a unique programming relationship with CBS RADIO, 24 hours of original programming each day will be delivered in five "station" formats: Top 40 Hits, Rock, Pop, Country and the Festival channel. The stations will also air special features that direct blue room visitors to specific artist sections in the blue room for additional artist content and promotions.
From the PC to the TV
For the first time this year, AT&T will also make exclusive blue room festival performances available for viewing as on-demand, archived video on the TV screen as part of AT&T U-verse(SM) TV and AT&T Homezone(SM) services.
Beginning on June 13, U-verse and Homezone customers will have on-demand access to performances from the recent Coachella celebration.
"We've worked hard to secure some of the best live music performances around the country for AT&T blue room visitors over the past few years, and now we're in prime position to extend that experience across screens to our video customers as well," said Dan York, head of content and programming, AT&T Entertainment Services. "We're showing consumers that AT&T is not only a trusted communications provider but also a provider of unique and quality entertainment as well."
A Tradition of Providing Music Festival Content
AT&T has served as the exclusive online destination for live Bonnaroo webcasts for two consecutive years.
Throughout the summer and into fall, blue room music will continue to deliver some of the biggest live festival performances from shows, including:
-- Lollapalooza (Chicago) -- Aug. 3 - 5, 2007
-- Austin City Limits Music Festival (Austin, Texas) -- Sept. 14 - 16,
2007
-- Vegoose (Las Vegas) -- Oct. 27 - 28, 2007
Festival lineups and specific details will be announced closer to each event.
AT&T blue room music is part of the blue room experience (http://www.attblueroom.com/), which brings together gaming enthusiasts, music fans, tailgaters and the Hollywood-minded through a single online portal that houses AT&T's unique sports, music, gaming and entertainment content. Launched in October 2006, blue room gives fans access to live entertainment, candid interviews, celebrity-athletes and spirited commentary on everything from music to politics to celebrities as part of a strategic initiative to link the AT&T brand to premier communications and entertainment experiences.
AT&T blue room features several groundbreaking online portals that, when put together, offer a wide range of content, such as live performances and candid interviews. The blue room and its online channels have helped to drive the promotion and sales of the company's core offerings -- high speed Internet, wireless, voice and video -- while building affinity for the AT&T brand in the entertainment space. For the complete array of AT&T offerings, visit http://www.att.com/.
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/.
(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: Tiffany Nels of AT&T, +1-512-963-6357, tnels@attnews.us
Web site: http://www.attblueroom.com/
http://www.att.com/
Advent Software Names Chris Flynn Vice President of Product Management, Trading and ComplianceNew Role Highlights Advent's Commitment to Extending Its Trading Leadership to a Broader Investment Management Client Base
SAN FRANCISCO, June 12 /PRNewswire-FirstCall/ -- Advent Software, Inc. , the leading provider of software and solutions for the investment management industry, today announced the appointment of Chris Flynn as Vice President of Product Management, Trading and Compliance. Flynn's appointment to this newly created position underscores Advent's deep commitment to enhancing and expanding its industry-leading suite of portfolio-management solutions with trading and compliance solutions for investment management firms of every size.
"Chris brings a deep understanding of the trading and compliance requirements that asset management firms face, and with a major release of Moxy(R) coming to the market shortly and an exciting new compliance product on its way, Advent's suite is entering a new era of applicability for the largest asset management firms," said Pete Hess, EVP and General Manager for Advent's Investment Management Group. "I'm confident that Chris' leadership, combined with the considerable investments we've made to enhance our trading offering, will continue to extend Advent's leadership by making us even more attractive to larger firms that need order management and compliance and want to take advantage of the industry's most powerful integrated suite for investment management."
Flynn joins Advent from LatentZero, a software company providing front-office solutions for buy-side investment managers, where he was North America Product Manager.
Flynn was with Advent for ten years before taking a post at LatentZero, and during his tenure at Advent he held a variety of roles, including product manager for Moxy(R), the industry's most widely used order management system (OMS).
About Advent
Advent Software, Inc. (http://www.advent.com/), a multi-national firm, has provided trusted solutions to the world's leading financial professionals since 1983. Firms in 60 countries use Advent technology and manage investments totaling nearly US $14 trillion. Advent's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent is the only financial services software company to be awarded the Support Center Practices certification for being a world-class support organization.
Advent and Moxy are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
Forward-looking Statements
Any forward-looking statements included in this press release involve risks and uncertainties that could cause actual results to differ materially from our expectations. These risks and uncertainties include market acceptance of new products, the impact of initiatives by competitors and other risks detailed in Advent's most recent filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K/A and quarterly report on Form 10-Q, copies of which may be obtained by contacting Advent Software at (415) 645-1787 or by visiting Advent's Investor Relations Web site at http://www.advent.com/.
Advent Software, Inc.
CONTACT: Katherine Calvert of Advent Software, +1-415-645-1853,
kcalvert@advent.com
Web site: http://www.advent.com/
Media General to Webcast Mid-Year Media Review Presentation
RICHMOND, Va., June 12 /PRNewswire-FirstCall/ -- Media General, Inc. said today that its presentation at the Mid-Year Media Review will be accessible via live audio Webcast. The presentation will begin at 11 a.m. Eastern Time on Tuesday, June 19, at the McGraw-Hill Building in New York City.
Media General speakers will be Marshall N. Morton, president and chief executive officer, Reid Ashe, executive vice president and chief operating officer, and John A. Schauss, vice president - finance and chief financial officer.
To listen to the Webcast, go to http://www.midyearmediareview.com/ and click on the Media General presentation. The site has instructions for accessing the Webcast, which will be available through Windows Media Player. Please allow at least 10 minutes to complete all the links before the presentation begins. The Webcast also will be available through http://www.mediageneral.com/.
At the conclusion of the presentation, a replay will be available for 30 days on the home page of the Media General Web site at http://www.mediageneral.com/ or visit http://www.midyearmediareview.com/. Media General also will post the full text of the presentation on its home page.
About Media General
Media General is a multimedia company operating leading newspapers, television stations and online enterprises primarily in the Southeastern United States. The company's publishing assets include three metropolitan newspapers, The Tampa Tribune, Richmond Times-Dispatch, and Winston-Salem Journal; 22 daily community newspapers in Virginia, North Carolina, Florida, Alabama and South Carolina; and more than 150 weekly newspapers and other publications. The company's broadcasting assets include 23 network-affiliated television stations that reach more than 32 percent of the television households in the Southeast and nearly 9.5 percent of those in the United States. The company's interactive media assets include more than 75 online enterprises that are associated with its newspapers and television stations. Media General also owns a 33 percent interest in SP Newsprint Company, a manufacturer of recycled newsprint.
Media General, Inc.
CONTACT: Investor, Lou Anne J. Nabhan, +1-804-649-6103, or Media, Ray
Kozakewicz, +1-804-649-6748, both of Media General, Inc.
Web site: http://www.mediageneral.com/
http://www.midyearmediareview.com/
AT&T Announces New Contracts With Haights Cross CommunicationsAT&T Selected to Enhance Communications among Publisher's Locations
WHITE PLAINS, N.Y., June 12 /PRNewswire-FirstCall/ -- AT&T Inc. has announced the signing of contracts that will provide voice and data network services to Haights Cross Communications, Inc. (HCC), a leading publisher of educational and library products. Founded in 1997, HCC serves markets for K-12 supplemental education, libraries and medical education.
AT&T will deliver AT&T Business Network (ABN) integrated services to HCC. The solution bundles local, long distance and international voice services under a single contract with a single bill.
A significant advantage of ABN is its eServicing capabilities, which are provided by the secure, award-winning AT&T BusinessDirect(R) portal. Using the BusinessDirect portal, HCC employees can increase operational efficiencies by monitoring the performance of the company's network through around-the-clock online access to real-time reports and direct connection to trouble-management systems.
AT&T will also provide Managed Internet Service (MIS), a dedicated Internet connection that supports constant real-time access to the Internet across the network. AT&T MIS will give HCC the flexibility to expand network bandwidth when additional capacity is needed while incorporating convenience, resources and flexibility in a completely vendor-provided Internet solution.
AT&T's MIS solution for HCC will help improve all data communications among locations on the company's existing network platform. By managing the routers and providing other MIS services, AT&T will ensure fast and flexible access to the Internet at all times.
"With a strong reputation for providing reliable, dependable and cost-effective services, AT&T was an obvious choice for us," said Paul J. Crecca, executive vice president and chief financial officer, HCC. "We're confident that AT&T's voice and data network services will increase efficiencies and reduce HCC's operational costs."
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About Haights Cross Communications
Founded in 1997 and based in White Plains, NY, Haights Cross is a leading developer and publisher of products for the kindergarten through twelfth grade, or K-12, supplemental education, library, and medical education markets. Haights Cross imprints include: Sundance/Newbridge Educational Publishing (Northborough, MA), Triumph Learning (New York, NY), Buckle Down Publishing (Iowa City, IA), Options Publishing (Merrimack, NH), Recorded Books (Prince Frederick, MD), and Oakstone Publishing (Birmingham, AL). For more information visit http://www.haightscross.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: Susan Baranyi of AT&T Inc., +1-617-692-0511,
sbaranyi@attnews.us
Web site: http://www.att.com/
http://www.haightscross.com/
iCAD Signs Development and Distribution Agreement with AgfaiCAD, Inc.'s SecondLook(R) Available with Agfa Full-Field Digital Mammography Systems Worldwide
NASHUA, N.H., June 12 /PRNewswire-FirstCall/ -- iCAD(R), Inc. , an industry-leading provider of Computer-Aided Detection (CAD) solutions, today announced signing of a development and distribution agreement with Agfa, a leading provider of IT enabled clinical workflow and diagnostic image solutions. With this agreement, iCAD's SecondLook Digital CAD solution is now available for Agfa's direct digital mammography systems. Agfa will market and sell this solution to customers globally, initially focusing on Europe and Asia. In the future, iCAD will develop a SecondLook Digital solution customized for Agfa's other market-leading mammography systems.
"We are encouraged by the broad scope of this agreement and look forward to working with Agfa to leverage our powerful systems together throughout the world," said Ken Ferry, President and CEO of iCAD. "We anticipate the collective iCAD and Agfa solution having an immediate impact in the market, particularly in Europe. Additionally, we believe iCAD and Agfa's collective future mammography solutions will significantly improve cancer detection and enhance digital workflow with CAD."
Using sophisticated algorithms, iCAD detection software enables earlier cancer detection which can allow less invasive and more effective treatment options, enhancing patient care. iCAD's algorithms have been shown to detect up to 72 percent of actionable missed cancers an average of 15 months earlier than mammography alone.
About Agfa Healthcare
Agfa offers a selection of proven solutions across the healthcare spectrum that includes conventional and digital imaging options as well as a complete range of information systems. Agfa customers around the world benefit from the combination of clinically specific features with hospital-wide connectivity, enabling a seamless flow of information and a 360-degree view of patients and healthcare facilities.
About iCAD, Inc.
iCAD, Inc. is an industry-leading provider of Computer- Aided Detection (CAD) solutions that enable healthcare professionals to better serve patients by identifying pathologies and pinpointing cancer earlier. iCAD offers a comprehensive range of high-performance, upgradeable CAD systems for the high, mid and low volume mammography markets. iCAD is entrusted with the task of early cancer detection by almost one thousand women's healthcare centers worldwide. For more information, call +1 877 iCADnow or visit http://www.icadmed.com/.
For iCAD investor relations, contact Kevin McGrath of Cameron Associates at
212-245-4577 or via email at kevin@cameronassoc.com
For iCAD Public Relations, contact Wendy Ryan of Schwartz Communications at
781-684-0770 or via email at icad@schwartz-pr.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
Certain statements contained in this News Release constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risks of uncertainty of patent protection, the impact of supply and manufacturing constraints or difficulties, product market acceptance, possible technological obsolescence, increased competition, customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission. The words "believe", "demonstrate", "intend", "expect", "estimate", "anticipate", "likely", and similar expressions identify forward- looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date the statement was made. The Company is under no obligation to provide any updates to any information contained in this release.
iCAD, Inc.
CONTACT: For iCAD investor relations, Kevin McGrath of Cameron
Associates, +1-212-245-4577, kevin@cameronassoc.com; or for iCAD Public
Relations, Wendy Ryan of Schwartz Communications, +1-781-684-0770,
icad@schwartz-pr.com
Web site: http://www.icadmed.com/
CEO America (CEOA) Executive Officer Adds Sales Duties
LOS ANGELES, June 12 /PRNewswire-FirstCall/ -- CEO America, Inc. (Pink Sheets: CEOA), exclusive US licensee of CREDITZ(R) Digital Currency, today announced that it has added the title of Executive Vice President, Business Development to Lawrence Bracco, according to CEO America's Chief Executive Officer, Charles Weber. The increased responsibilities for national sales, Investor Relations and business development parallel the recent growth and deployment of the Company. With several key retailers poised to adopt the CREDITZ system, Bracco believes the time is right for CREDITZ Digital Currency to make its entrance into the national marketplace. "I am honored with this promotion and expansion of my duties to include heading up our national sales and business development efforts," stated Bracco. "We are building a strong team and I am excited about the growth potential for CREDITZ this year."
"Bracco is one of the driving forces behind the Company, and his efforts in building our Master Agent sales and national retail sales program will be instrumental in helping the Company achieve its objectives," explained Weber. "We are pleased to be able to make this announcement as we expand the management team and deploy our services into the marketplace."
About CEO America, Inc.
CEO America Inc. (Pink Sheets: CEOA) has the exclusive U.S. license of the CREDITZ(R) Digital Currency System. Using IBM's latest database and infrastructure technology, CREDITZ is designed as a global payment, marketing and loyalty system that is universal, replaces cash, and provides spendable CREDITZ Digital Currency to consumers. CREDITZ are paid to customers for behavior, and merchants can earn incremental revenue from that behavior. CREDITZ is the first payment system to integrate 21st century technology micro-payments, loyalty, marketing and business intelligence into its operating platform. It is the world's first digital currency and the marketing engine for the digital economy. For more information, go to http://www.creditz.com/ .
CEO America, Inc.
CONTACT: Larry Bracco, Chief Marketing Officer of CEO America, Inc.,
+1-310-395-6500, fax, +1-310-459-7443, mobile, +1-818-730-3443,
lawrence.bracco@creditz.com
Web site: http://www.creditz.com/
ANADIGICS Ships WCDMA PAs for Huawei's Music Optimized 3G HandsetANADIGICS' AWT6279 PA Selected for Stylish, Feature-Rich U120 Mobile Phone
WARREN, N.J., June 12 /PRNewswire-FirstCall/ -- ANADIGICS, Inc. today announced that they are shipping production volumes of ANADIGICS AWT6279 High-Efficiency-at-Low-Power (HELP3(TM)) wideband CDMA (WCDMA) power amplifiers to Huawei Technologies Co., Ltd. for its U120 music optimized 3G handset. The stylish, feature-rich U120 is positioned as an entry-level device to help drive the development of the 3G market by targeting the ever growing on-the-go lifestyle.
The U120 offers many of the 3G multimedia services and applications available to wireless phone users today, including a 1.3 mega pixel CMOS camera. Designed with music enthusiasts in mind, the U120 possesses many versatile features and capabilities previously found only in high-end handsets. It plays MP3, AAC, AAC+ and eAAC+ audio formats, streams video, has Bluetooth(R) capabilities and also supports expandable memory with a MicroSD card slot.
"The U120 includes exceptional multimedia functions and we are very delighted to be apart of its success," said Dr. Bami Bastani, President & CEO of ANADIGICS. "ANADIGICS' leading line of wireless broadband products positions us to be a strong player in the advanced multimedia 3G handsets for all mobile phone users. We look forward to working closely with Huawei on the design of new handsets to aid in the expansion of the 3G market."
The AWT6279 WCDMA PA incorporates ANADIGICS' HELP3(TM) technology to provide low power consumption without the need for an external voltage regulator. The world-class performance and integration of ANADIGICS' HELP3(TM) products is achieved using the Company's patented InGaP-Plus(TM) technology, which combines bipolar and field-effect transistor (FET) devices on the same InGaP GaAs die.
The self-contained 4 mm x 4 mm x 1.1 mm surface mount package incorporates matching networks optimized for output power, efficiency, and linearity in a 50 ohm system. The AWT6279 is manufactured with ANADIGICS' advanced InGaP technology offering state-of-the-art reliability, temperature stability, and ruggedness.
The ANADIGICS AWT6279 PA is available now. For additional information, contact ANADIGICS by phone (908) 668-5000 or FAX (908) 668-5132 or visit the Company's Web site at http://www.anadigics.com/.
About ANADIGICS, Inc.
ANADIGICS, Inc. is a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets. The Company's products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components, which can be sold individually or packaged as integrated radio frequency and front end modules.
Safe Harbor Statement
Except for historical information contained herein, this press release contains projections and other forward-looking statements (as that term is defined in the Securities Exchange Act of 1934, as amended). These projections and forward-looking statements reflect the Company's current views with respect to future events and financial performance and can generally be identified as such because the context of the statement will include words such as "believe", "anticipate", "expect", or words of similar import. Similarly, statements that describe our future plans, objectives, estimates or goals are forward-looking statements. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results and developments could differ materially from those projected as a result of certain factors. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such projections and forward-looking statements include those factors detailed from time to time in our reports filed with the U.S. Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2006.
ANADIGICS, Inc.
CONTACT: Chuck Manners of Godfrey, +1-717-393-3831, Fax +1-717-393-1403,
chuck@godfrey.com; or Corporate, Jennifer Palella, +1-908-668-5000, Fax
+1-908-412-5978, jpalella@anadigics.com, or Investor Relations, Thomas
Shields, +1-908-412-5995, tshields@anadigics.com, both of ANADIGICS, Inc.
Web site: http://www.anadigics.com/
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