Ingram Micro Fortifies Consumer Electronics Presence With Acquisition of DBL...
Comarco Announces Fiscal 2008 First Quarter Results Release and Conference Call Date
LAKE FOREST, Calif., June 13 /PRNewswire-FirstCall/ -- Comarco, Inc. , a leading provider of universal mobile power products used to power and charge notebook computers, mobile phones, and many other rechargeable mobile devices, and a provider of wireless test solutions and wireless emergency call box systems, announced today that it will release financial results for the first quarter of fiscal 2008, which ended April 30, 2007, after the market close on Thursday, June 14, 2007. The Company will host a conference call and webcast on Friday, June 15, 2007 at 8:30 a.m. Pacific Time to discuss the Company's fiscal first quarter results and current corporate developments. The dial-in number for the conference call is 800-257-1836 for domestic participants and 303-262-2140 for international participants.
A taped replay of the conference call will also be available beginning approximately one hour after the call's conclusion and will remain available for seven days. It can be accessed by dialing 800-405-2236 for domestic callers and 303-590-3000 for international callers, both using passcode 11091856#. To access the live webcast of the call, visit Comarco's website at http://www.comarco.com/. An archived webcast will also be available at http://www.comarco.com/.
About Comarco
Based in Lake Forest, Calif., Comarco is a leading provider of universal mobile power products used to power and charge notebook computers, mobile phones, and many other rechargeable mobile devices. Comarco is also a provider of wireless test solutions and wireless emergency call box systems. The Company's web sites can be found at http://www.comarco.com/ and http://www.chargesource.com/.
Comarco, Inc.
CONTACT: Tom Franza, President and CEO, +1-949-599-7440,
tfranza@comarco.com, or Dan Lutz, Vice President and CFO, +1-949-599-7556,
dlutz@comarco.com, both of Comarco, Inc.; or investors, Douglas Sherk,
+1-415-896-6820, dsherk@evcgroup.com; or Jenifer Kirtland, +1-415-896-6820,
jkirtland@evcgroup.com, both of EVC Group, Inc., for Comarco, Inc.
Web site: http://www.comarco.com/
http://www.chargesource.com/
Telecommunications Veteran Michael Daniels Appointed to Sybase Board of DirectorsFormer Mobile 365 Board Chairman Brings More Than 30 Years of Experience, Enhancing Sybase's Already Strong Foothold in Mobile Services
DUBLIN, Calif., June 13 /PRNewswire-FirstCall/ -- Sybase, Inc. , a leading provider of enterprise infrastructure and mobile software, today announced Michael Daniels, former chairman of Mobile 365, has been elected to the company's Board of Directors.
"Mike's expertise complements the composition of the existing Board while reinforcing mobile messaging as one of the company's target areas of investment," said John Chen, Sybase chairman, CEO and president. "His background in mobile technology is a valuable asset to Sybase and we are delighted to welcome him to the Board."
Daniels' experience in telecommunications and technology includes serving in senior positions at SAIC, a leading scientific and engineering professional services company, from 1986 to 2004, where he led a number of successful acquisitions including Network Solutions, Inc., Computer Systems Technology and played a key role in the acquisition of Telcordia Technologies. Additionally, he served as chairman of the board for Network Solutions from 1995 to 2000 and as its CEO in 1999. Daniels led Network Solutions merger with VeriSign, Inc. in June 2000 and served on the VeriSign Board of Directors from 2000 to 2001.
Active in industry organizations and community affairs, Daniels has served as the Chairman of the Northern Virginia Technology Council and the Governor's Information Technology Commission for the Commonwealth of Virginia. He has also served as an advisor to the White House National Security Council, a U.S. National Commissioner to UNESCO and a member of the U.S. Trade Representative's International Investment Policy Advisory Committee.
About Sybase, Inc.
Sybase is the largest global enterprise software company exclusively focused on managing and mobilizing information from the data center to the point of action. Sybase provides open, cross-platform solutions that securely deliver information anytime, anywhere, enabling customers and partners to create an information edge. The world's most critical data in commerce, communications, finance, government and healthcare runs on Sybase. For more information, visit the Sybase Web site: http://www.sybase.com/.
Sybase, Inc.
CONTACT: Lorna Fernandes of Sybase, Inc., +1-925-236-4107,
lorna.fernandes@sybase.com, or Melissa Sheridan of Citigate Cunningham,
+1-415-618-8783, msheridan@citigatecunningham.com, for Sybase, Inc.
Web site: http://www.sybase.com/
Lockheed Martin Unit Receives Prestigious Cogswell Award for Industrial Security ExcellenceDOD Honors Transportation and Security Solutions
ROCKVILLE, Md., June 13 /PRNewswire/ -- Lockheed Martin Transportation and Security Solutions has been named by the Department of Defense as a 2007 recipient of the Defense Security Service's James S. Cogswell Outstanding Industrial Security Achievement Award.
Lockheed Martin is one of 30 companies out of nearly 12,000 cleared DOD contractors to receive the award this year. Named in honor of the late Air Force Col. James S. Cogswell, the first chief of the unified office of Industrial Security, the award is the most prestigious honor the Defense Security Service bestows, and less than one percent of cleared contractors are selected to receive this award annually.
"This is a tremendous achievement for our workforce and corporation," noted Lockheed Martin's Transportation and Security Solutions President Judy Marks. "Our business was selected the first year we were eligible. Our security personnel are to be commended for their stellar performance. Yet, it is everyone's consolidated, daily efforts and commitment to securing information vital to the defense of our nation that allows TSS to accept this award with tremendous pride."
Robin A. Smith, a Lockheed Martin facility security officer and the senior manager of Industrial Security for Lockheed Martin's Transportation and Security Solutions, along with Greg Karol, the business' vice president of Human Resources, will represent the company June 20 at an awards ceremony held during the National Classification Management Society's annual security seminar.
The Cogswell award selection process is rigorous. A Defense Security Service Industrial Representative may only nominate a facility that has a minimum of two consecutive superior review ratings, and demonstrates a sustained degree of excellence and innovation in overall security program management, implementation and oversight.
In determining award winners, each facility's security program is measured against Defense Department regulations, the contractor's historical performance, and the performance of other competing contractors. The criteria for the award focuses on the principles of industrial security excellence, which includes establishing and maintaining a security program that goes well beyond the basic National Industrial Security Program requirements as well as providing leadership to other cleared facilities to set high standards for security.
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2006 sales of $39.6 billion.
For additional information, visit our website: http://www.lockheedmartin.com/
Lockheed Martin
CONTACT: Jan Gottfredsen of Lockheed Martin, +1-301-640-4236,
mobile: +1-240-367-5682, janet.gottfredsen@lmco.com
Web site: http://www.lockheedmartin.com/
National Semiconductor Prices $1.0 Billion Senior Unsecured Notes Offering
SANTA CLARA, Calif., June 13 /PRNewswire-FirstCall/ -- National Semiconductor Corporation announced today that it has priced a public offering of $1.0 billion principal amount of senior unsecured notes. The offering of senior unsecured notes includes $250 million in aggregate principal amount of senior floating rate notes, $375 million in aggregate principal amount of 6.15 percent senior notes due 2012 and $375 million in aggregate principal amount of 6.60 percent senior notes due 2017. The senior floating rate notes will bear interest at a rate per year equal to the three-month LIBOR plus 0.25 percent, reset and payable quarterly, and will be callable by National beginning 18 months after issuance. The senior fixed rate notes will be callable by National at any time. The sale of the notes is expected to close on June 18, 2007, subject to customary closing conditions.
National plans to use the net proceeds from this offering to partially repay indebtedness under its recent $1.5 billion bridge facility, the proceeds of which are being used to repurchase outstanding shares of National's common stock pursuant to a $1.5 billion accelerated share repurchase program announced on June 7, 2007.
Goldman, Sachs & Co. is the sole book-running manager, and Banc of America Securities LLC is the co-manager for the offering. The offering of these securities will be made only by means of a prospectus and related prospectus supplement. Copies of the prospectus and related prospectus supplement may be obtained from Goldman, Sachs & Co. by mail at Goldman, Sachs & Co., Attention: Prospectus Department, 85 Broad Street, New York, NY 10004, by fax at (212) 902- 9316 or by email at prospectus-ny@ny.email.gs.com.
This press release is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Special Note Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to financial condition, results of operations, and other matters. Statements that are not historical facts, including statements about National's beliefs or expectations, are forward-looking statements and often include words, such as "expects, "anticipates," "intends," "plans," "believes, "seeks," "estimates," or words of similar meaning, or future or conditional verbs, such as "will," "should," "could," or "may." Forward-looking statements provide our expectations or predictions of future conditions, events or results. They are not guarantees of future performance. By their nature forward-looking statements are subject to risks and uncertainties. These statements speak only as of the date they are made. We do not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. There are a number of factors, many of which are beyond our control, that could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. The factors are generally described in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q under the captions "Outlook", "Risk Factors" and "Management's Discussion and Analysis of Financial Conditions and Results of Operations" contained therein.
About National Semiconductor
National Semiconductor creates high-value analog devices and subsystems. National's products include power management circuits, display drivers, audio and operational amplifiers, interface products and data conversion solutions. National's key analog markets include wireless handsets, displays and a variety of broad electronics markets, including medical, automotive, industrial, and test and measurement applications. National is headquartered in Santa Clara, California.
Media Contact: Financial:
LuAnn Jenkins Long Ly
National Semiconductor National Semiconductor
(408) 721-2440 (408) 721-5007
luann.jenkins@nsc.com invest.group@nsc.com
National Semiconductor Corporation
CONTACT: media, LuAnn Jenkins, +1-408-721-2440, luann.jenkins@nsc.com,
or financial, Long Ly, +1-408-721-5007, invest.group@nsc.com, both of National
Semiconductor
Web site: http://www.national.com/
Sapiens Announces Further Repayment of Debt to Israeli Institutional InvestorsCompany Repurchases Approximately $745,000 of its Convertible Debentures
CARY, North Carolina, June 13 /PRNewswire-FirstCall/ -- Sapiens International Corporation N.V. a member of the Emblaze / Formula Group , today announced that, following upon the $20 million private placement which it publicized earlier this week, the Company has repaid another portion of its debt to certain Israeli institutional investors, through the repurchase of the Company's convertible debentures (Series A) in the aggregate amount of 3,112,831 NIS, nominal value, representing approximately $745,000. The convertible debentures (Series A) were purchase at a price of NIS 0.95 per NIS 1.00 unit. The total amount of convertible debentures (Series A) repurchased by this Company this week amounted to 15 million, NIS, nominal value.
Pursuant to the terms of the prospectus governing the convertible debentures (Series A), the 3,112,831 NIS, nominal value, will be cancelled and removed from trading on the Tel Aviv Stock Exchange.
The remaining convertible debentures (Series A) in circulation shall be unaffected by this transaction.
About Sapiens International
Sapiens International Corporation N.V. (Nasdaq and TASE: SPNS), a member of Formula Group , and the Emblaze Ltd group, is a leading global provider of proven IT solutions that modernize business processes and enable insurance organizations to adapt quickly to change. Sapiens' innovative solutions are widely recognized for their ability to cost-effectively align IT with the business demands for speed, flexibility and efficiency. Sapiens operates through its subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific, and has partnerships with market leaders such as IBM and EDS. Sapiens' clients include AXA, Liverpool Victoria, Norwich Union, OneBeacon, Principal Financial Group, Prudential, ING, Menora Mivtachim, and Occidental Fire & Casualty among others. For more information, please visit http://www.sapiens.com/.
FOR ADDITIONAL INFORMATION:
Elior Brin
Chief Financial Officer
Sapiens International
Tel: +972-8-938-2721
E-mail: IR.Sapiens@sapiens.com
Roni Al-Dor
Chief Executive Officer
Sapiens International
+972-8-938-2721
E-mail: IR.Sapiens@sapiens.com
Sapiens International Corporation N.V.
CONTACT: FOR ADDITIONAL INFORMATION: Elior Brin, Chief Financial
Officer, Sapiens International, Tel: +972-8-938-2721, E-mail:
IR.Sapiens@sapiens.com; Roni Al-Dor, Chief Executive Officer, Sapiens
International, +972-8-938-2721, E-mail: IR.Sapiens@sapiens.com
Marvell WLAN Système sur puce reçoit le prestigieux prix INSIGHT
SANTA CLARA, Californie, June 13 /PRNewswire/ --
- Le Système sur puce Marvell(R) 88W8686 récompensé pour son intégration
et son innovation avec les transrécepteurs RF IC par Semiconductor Insights
Marvell (Nasdaq: MRVL) http://www.marvell.com, le leader des solutions
silicone de stockage, de communications et de biens de grande consommation, a
annoncé que la solution sur puce Marvell(R) 88W8686 à puissance ultra faible
90 nanomètres (nm) WLAN a reçu le prix INSIGHT 2007 qui récompense le
transrécepteur RF IC le plus innovateur. Le prix, parrainé par Semiconductor
Insights (SI) en conjonction avec Semico et EETimes, récompense les
caractéristiques de marque et individuelles en technologie. Les appareils
retenus sont soumis à une analyse pertinente complète par SI afin de se
qualifier pour le prix.
(Logo : http://www.newscom.com/cgi-bin/prnh/20070411/SFW034LOGO )
<< Le Système sur puce Marvell 88W8686 a fait preuve d'un niveau très
élevé d'intégration, proposant un transrécepteur à double bande RF opérant à
2,4 et 5 GHz, une couche physique, un contrôleur d'accès média et un
processeur ARM sur une seule puce >>, a déclaré Michael Keller, directeur
technologique pour Wireless chez SI. << En fabricant les circuits FR IC et
analogues en parallèle aux numériques, Marvell a utilisé des techniques
innovatrices de mise en place des composantes RF, démontrant ainsi clairement
l'engagement de Marvell à développer de nouvelles technologies de processus.
Notre analyste sans fil en chef a été plutôt impressionné par l'appareil de
Marvell, qui a été choisi au lieu d'autres nominés tels qu'Infineon, Qualcomm
et Nordic. >>
<< Marvell est honoré de recevoir cette récompense pour la solution
88W8686 WLAN >>, a annoncé le Dr. Paramesh Gopi, vice-président et directeur
général de l'unité Embedded and Emerging Business Unit, Communications and
Consumer Business Solutions de Marvell. << En mettant en place le 88W8686,
nous avons cherché à proposer des caractéristiques révolutionnaires
et une durée de vie de batterie améliorée pour les appareils grand public. Ce
prix consacre notre engagement à mettre en oeuvre des solutions innovatrices
pour les gros clients de produits grand public. >>
Pour de plus amples renseignements sur les avancées en technologie sans
file de Marvell, veuillez consulter les [Wi-Fi Solutions] de la société au
http://www.marvell.com/products/wireless/index.jsp.
Le Marvell 88W8686 intègre un processeur de transmission compatible avec
l'ARM, des HSSI et un transrécepteur avancé 802.11 a/b/g RF avec coexistence
cellulaire complète. Prévu pour un large éventail d'appareils grand public,
dont les téléphones troisième génération et à large bande, le Marvell 88W8686
respecte entièrement les normes avancées de communication, dont le support
complet pour L3, TCP/IP, UMA et IMS. Le 88W8686 incorpore l'architecture MAC
qui a fait ses preuves, et des transferts du processeur de transmission hôte
en basse puissance, et un rendement de système amélioré. Le 88W8686 est
entièrement rétrocompatible avec la suite de logiciels WLAN éprouvée et
leader de l'industrie de Marvell pour Linux, Microsoft Windows CE et d'autres
systèmes d'exploitation brevetés.
Pour de plus amples renseignements à propos du prix INSIGHT, veuillez
consulter le site http://www.semiconductor.com/insightawards/index.asp.
À propos de Marvell
[Marvell (Nasdaq: MRVL)] http://www.marvell.com est le leader du
développement de solutions silicone de stockage, de communication et grand
public. Le portefeuille diversifié de la société comprend des commutateurs,
des transrécepteurs, des solutions sans fil et de stockage qui alimentent
l'infrastructure entière de communications, dont les mises en réseau
professionnelles, urbaines, résidentielles et de stockage. Tels qu'utilisés
dans le présent communiqué, les termes << société >> et << Marvell >> font
référence au Marvell Technology Group Ltd. et à ses filiales, dont Marvell
Semiconductor, Inc. (MSI), Marvell Asia Pte Ltd (MAPL), Marvell Japan K.K.,
Marvell Taiwan Ltd., Marvell International Ltd. (MIL), Marvell U.K. Limited,
Marvell Semiconductor Israel Ltd. (MSIL), Marvell Software Solutions Israel
Ltd. et Marvell Semiconductor Germany GmbH. Le siège de MSI est situé à Santa
Clara en Californie, où les produits sont conçus, développés et
commercialisés pour MIL et MAPL. MSI peut être contactée au +1-408-222-2500
ou à l'adresse : http://www.marvell.com.
À propos de Semiconductor Insights
Semiconductor Insights (SI) est le leader du conseil technologique pour
la communauté microélectronique mondiale. SI soutient ses clients en
affirmant leurs droits de propriété intellectuelle (PI) et en développant et
commercialisant les nouvelles technologies et de nouveaux produits, par le
biais de l'étude technique approfondie de circuits intégrés et électroniques.
Ses clients typiques sont les grandes entreprises électroniques et de
semi-conducteurs du Japon, de Corée, de Taiwan, d'Europe et d'Amérique du
Nord, ainsi que les cabinets juridiques qui les représentent. SI a participé
à toutes les principales campagnes de licences de semi-conducteurs depuis la
création de la société en 1989.
Déclaration du principe de sphère de sécurité dans le cadre de la Private
Securities Litigation Reform Act américaine de 1995 :
Ce communiqué contient des énoncés prospectifs basés sur des projections
et des hypothèses relatives à nos produits et nos marchés. Des termes tels
que << anticipe >>, << s'attend à >>, << a l'intention de >>, << planifie >>,
<< croît >>, << cherche à >>, << estime >>, << peut >>, << va >>, << devrait
>> et leurs variantes identifient de tels énoncés prospectifs. Les énoncés
qui font référence à, ou sont basés sur des projections, des événements
incertains ou des suppositions sont également considérés être des énoncés
prospectifs. Ces énoncés ne sont nullement des garanties de résultat et sont
soumis à des risques et des incertitudes. Certains de ces risques et
incertitudes qui peuvent avoir des conséquences néfastes sur les déclarations
incluses dans le présent communiqué à propos des produits décrits
comprennent, mais sans s'y limiter, le rendement, les capacités et l'adoption
des produits système sur puce 88W8686 de Marvell. Concernant les autres
facteurs qui pourraient influencer les résultats des attentes de Marvell,
veuillez consulter les sections intitulées << Risk Factors >> dans le rapport
trimestriel de Marvell sur le formulaire 10-Q pour le premier trimestre
fiscal ayant pris fin le 29 avril 2006 et d'autres facteurs détaillés de
temps à autre dans les déclarations de Marvell auprès de la Securities and
Exchange Commission. Nous n'assumons aucune responsabilité ni obligation
quant à la mise à jour des données ou à la révision des énoncés prospectifs.
Marvell(R) est une marque déposée de Marvell ou de ses filiales.
Les autres noms et marques peuvent être réclamées comme étant des marques
de propriété d'autrui.
Pour de plus amples renseignements, contactez :
Diane Vanasse
Marvell Media Relations
+1-408-242-0027
dvanasse@marvell.com
Linda Sanders
Marvell Analyst Relations
+1-408-807-0910
lsanders@marvell.com
Site Web : http://www.marvell.com
Marvell
Diane Vanasse des Relations au média de Marvell, +1-408-242-0027, dvanasse@marvell.com, ou Linda Sanders des Relations aux analystes de Marvell, +1-408-807-0910, lsanders@marvell.com, toutes deux de Marvell ; Photo : NewsCom : http://www.newscom.com/cgi-bin/prnh/20070411/SFW034LOGO, AP Archive : http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
Motorola Announces Next Generation 10Gbps AdvancedTCA Packet Processing Blade Based on Many-core TechnologyCavium Networks-based architecture designed to deliver line rate packet processing to ATCA 10Gbps arena; Wind River Linux and tools simplify application development and portability
TEMPE, Ariz., June 13 /PRNewswire-FirstCall/ -- Motorola, Inc. today announced a powerful new AdvancedTCA(R) (ATCA(R)) blade, the ATCA-9301, that incorporates many-core technology developed to provide a substantial increase in performance and functionality for high-bandwidth packet processing applications. It features two Cavium Networks OCTEON(TM) sixteen-core processors with built-in hardware acceleration engines, designed to deliver 10Gbps packet forwarding throughput. The blade uses Wind River's Platform for Network Equipment, Linux Edition (PNE-LE) operating system, which includes Cavium's Software Development Kit, providing an integrated tool chain for application development.
The ATCA-9301 is designed to help network equipment providers consolidate infrastructure and lower costs, while accelerating the introduction of high bandwidth, intelligent packet processing applications. The many-core processor with a standard Carrier Grade Linux programming environment allows both conventional programs and packet processing tasks to be handled on the same hardware. Data plane elements that include deep packet inspection, including network gateway and edge functions for 4G wireless and IPTV applications, can now be deployed with high density control plane and security processing functionality on a common platform. This will help network operators to provide new and differentiated services to consumers faster and more cost effectively.
Key ATCA-9301 blade features include:
-- Dual Cavium OCTEON CN5860 Many-Core Processing Units (MPUs) with
sixteen cores each
-- Hardware acceleration for security, de-/compression, packet queuing,
and scheduling functions
-- Wind River PNE-LE Carrier Grade Linux operating environment
10-port Gigabit Ethernet Network Interfaces for operational flexibility
"The ATCA-9301 blade's Cavium-based architecture permits packet processing tasks such as forwarding, packet inspection, and security functions to be done in parallel with control plane tasks at a lower total cost of ownership. This will help providers to spend more time developing the broadest set of applications on a single platform and less time dealing with the power and cooling challenges of conventional communications processors," said Jorge Magalhaes, Director of Marketing, Embedded Communications Computing, Motorola. "By universally servicing both data plane and control plane applications the ATCA-9301 provides a powerful engine to continue the success of Motorola's communications servers as one of the most widely adopted common platforms for network equipment."
"As the only Cavium-based ATCA blade supported as a standard part of our Carrier Grade Linux offering, Motorola's ATCA-9301 enables network equipment providers to source a complete solution from an industry leader. This offering delivers a high performance solution with a smoother path to application development that can be leveraged for multiple projects," said John Bruggeman, Chief Marketing Officer at Wind River. "With the Device Software Optimization methodology behind our operating systems and tools platforms, Wind River can help application developers take full advantage of the Cavium architecture while also speeding time to market."
"We are pleased to be able to bring the benefits of many-core processing to ATCA in collaboration with a leader in ATCA technology," said Amer Haider, Director of Strategic Marketing and Ecosystem Development at Cavium Networks. "Our next-generation OCTEON CN5800 series of processors delivers state of the art packet processing and intelligent networking acceleration, with leading performance and performance/watt. Motorola's OCTEON-based ATCA solution enables network equipment providers to accelerate the cost-effective deployment of enhanced IP and quad-play services."
The ATCA-9301 is available as standalone product or as part of Motorola's Centellis(TM) 4000 series of ATCA-based communications servers. Centellis 4000 series communications servers are designed to address high speed I/O and bandwidth intensive applications. Motorola's communications servers are open, fully integrated and validated systems that act as a common, carrier-grade platform for a wide range of applications. This common platform concept integrates hardware and software elements to enable equipment manufacturers to focus on adding their application-specific value, thereby reducing the time, cost and risk involved in deploying new revenue-generating applications or migrating existing applications to standards-based technology. Motorola offers one of the broadest embedded communications computing product ranges in the industry, extending from individual blades and modules through fully integrated and validated MicroTCA(TM) and ATCA communications servers. For more information: http://www.motorola.com/computing.
About Motorola
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of seamless mobility, the people of Motorola are committed to helping you connect simply and seamlessly to the people, information and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $42.9 billion in 2006. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.
MOTOROLA and the Stylized M Logo are registered in the US Patent & Trademark Office. AdvancedTCA and MicroTCA are registered trademarks of the PCI Industrial Computers Manufacturers Group. All other product or service names are the property of their respective owners. (C) Motorola, Inc. 2007. All rights reserved.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO
http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Motorola, Inc.
CONTACT: Lee Ann Kuster, +1-602-438-3623, leeannkuster@motorola.com, or
Shreek Raivadera, +44 (0) 116 267 7396, shreek@motorola.com, both of Embedded
Communications Computing of Motorola
Web site: http://www.motorola.com/
Gemalto Delivers First Smart Card Driving License Program in Mexico
AMSTERDAM, June 13 /PRNewswire/ -- Gemalto (Euronext NL0000400653 GTO), a world leader in digital security,
today announces that it has successfully delivered Mexico's first smart card
driving license to the city of Monterrey, Nuevo Leon state, Mexico. The
contract includes 900,000 driving licenses over a period of 3 years. This new
card also acts as a reliable ID document and opens up the potential for
additional e-schemes like healthcare for the benefits of all citizens.
The solution includes the Gemalto smart card platform that will securely
store the driver's information, and a sophisticated card body with specific
security features that makes it difficult to copy and counterfeit. Prime
contractor Cosmocolor handles the enrolment process and provides on-site
personalization of the solution.
The driving license is a chip-based ID document that entitles a specific
person to drive a certain category of vehicle. The microprocessor securely
stores a high-resolution picture of the holder, his/her blood type, and the
drivers' credentials to enable digital signature. The chip also contains the
history of drivers' fines, allowing the transit authorities to easily monitor
drivers' behavior on the roads and could, in the future, be used for
insurance companies to calculate policy costs. Fingerprint and facial picture
of the driver are encoded in the card body.
In the street the policemen will be holding a handheld terminal. This new
terminal can read the microprocessor of the driving license, showing on
screen the digitalized picture stored in the chip. The policeman then can see
whether it matches the picture encoded in the card body of the driving
license. The terminal also encodes a list of most frequent driving penalties
and enables the policeman to write into the chip the corresponding code each
time the driver breaks the law, as well as other details such as the date and
place.
"Thanks to this new scheme, we are now sure to have the fines and
sanctions apply to the driver and not the vehicle" explains Jorge Domene,
director of the Instituto de Control Vehicular. "The other major benefit of
this smart card-based program lies in the information sharing capability
since the chip allows for collecting and sharing information about the driver
with other public Mexican institutions. We now can compare the fingerprint
and photos with the Justice Department for example, making the driving
license an efficient tool for public security".
Eric Claudel, vice president Latin America for Gemalto, comments: "The
Instituto de Control Vehicular chose to adopt a smart card-based solution
combining the latest biometrics identification techniques with the most
advanced security features. As a result, the Nuevo Leon state now enjoys a
fast, secure and user-friendly scheme for driver registration, which should
reduce fraud and administration costs. As this new card also acts as the
national ID document, it might as well be upgraded with additional e-services
like healthcare."
About Gemalto
Gemalto (Euronext NL 0000400653 GTO) is a leader in digital security with
Pro forma 2006 annual revenues of EUR1.7 billion, operations in about 100
countries and over 10,000 employees including 1,500 R&D engineers.
In a world where the digital revolution is increasingly transforming our
lives, Gemalto's solutions are designed to make personal digital interactions
more convenient, secure and enjoyable. Gemalto provides end-to-end digital
security solutions, from the development of software applications through
design and production of secure personal devices such as smart cards, SIMs,
e-passports, and tokens to the management of deployment services for its
customers.
More than a billion people worldwide use the company's products and
services for telecommunications, financial services, e-government, identity
management, multimedia content, digital rights management, IT security, mass
transit and many other applications. As the use of Gemalto's software and
secure devices increases with the number of people interacting in the digital
and wireless world, the company is poised to thrive over the coming years.
Gemalto was formed in June 2006 by the combination of Axalto and Gemplus.
Contacts
Media Relations
Emmanuelle Saby
T: +33-6-09-10-76-10
Emmanuelle.saby@gemalto.com
Investor Relations
Stéphane Bisseuil
T: +33-1-55-01-50-97
stephane.bisseuil@gemalto.com
Gemalto
Contacts: Media Relations, Emmanuelle Saby, T: +33-6-09-10-76-10, Emmanuelle.saby@gemalto.com; Investor Relations, Stéphane Bisseuil, T: +33-1-55-01-50-97, stephane.bisseuil@gemalto.com
Gibbs Entering U.S. Market With Amphibious Vehicles
DETROIT, June 13 /PRNewswire/ -- UK-based Gibbs Technologies is forming three new companies to produce and market a broad range of amphibious vehicles in North America.
(Photo: http://www.newscom.com/cgi-bin/prnh/20070613/CLW023-a )
(Photo: http://www.newscom.com/cgi-bin/prnh/20070613/CLW023-b )
(Photo: http://www.newscom.com/cgi-bin/prnh/20070613/CLW023-c )
Two production-ready vehicles planned for introduction in the U.S. in 2009 were displayed at a news conference here today. Quadski, an all-terrain vehicle, will be manufactured and sold by Gibbs Sports Amphibians. Aquada, a vehicle that combines the handling of a sports car with an ability to travel at more than 30 miles per hour on water, will be built and marketed by Gibbs Amphibians.
A third company, Gibbs Military Amphibians, will have responsibility for the development of high-speed amphibians (HSA) for military use under an agreement with Lockheed Martin . Gibbs and Lockheed Martin plan to unveil several military concept vehicles based on Gibbs' patented technology later this summer.
Gibbs Technologies currently is considering locations for technical centers, sales offices and manufacturing plants in several states including Georgia, Virginia, Michigan and Texas, according to Alan Gibbs, the firm's founder and chairman.
"We'll finalize our bricks-and-mortar decisions within the next several months and expect to begin new-model production in North America late next year."
Gibbs added that the recruitment of executives for key management positions at each of the three new companies began last month. Openings also will be available in engineering, manufacturing, finance, human resources and sales. Employment at Gibbs facilities in North America is expected to total more than 1,500 within three years.
"Our plans for North America are ambitious, aggressive and achievable," Gibbs said. "We're exploring a variety of manufacturing, supplier and dealer- distribution options, as well as partnerships with potential investors and licensees for our technology.
"Our market research indicates that a line-up of high-speed amphibious vehicles similar to the Aquada could generate annual sales volumes of 100,000 or more within five years."
Developed at a cost of more than $100 million, both Aquada and Quadski are scheduled for introduction in the U.S. during the first half of 2009. Fully homologated for sale in Europe, a fleet of 10 Aquadas currently is undergoing tests in southeastern Michigan.
"A commercially viable high-speed amphibious vehicle has eluded auto manufacturers, entrepreneurs and inventors for more than 100 years," Gibbs noted. "Recent developments in light-weight materials, engine technology and vehicle architecture, however, have enabled us to accomplish what many believed to be impossible."
Initial design work on the Aquada began in Detroit in 1997 with a team of more than 20 engineers. Product development later transferred to Coventry in the UK, where the company tapped into a unique blend of motorsports, aerospace and OEM engineering talent. More than one million man hours have gone into the development of the company's technology.
In 2004, a Gibbs prototype HSA crossed the English Channel in a record- setting time of less than two hours. During tests in Europe and North America, prototype amphibians have traveled at speeds of more than 110 mph on land and 45 mph on water. Both Quadski and Aquada also have the unique ability to transition from land-to-water or water-to-land in five seconds.
"Although Quadski and Aquada will be among the first products introduced with our HSA technology, we're actively exploring a variety of other commercial and military applications," the company's founder pointed out.
Gibbs protects its amphibious vehicle technology with more than 70 patents and also has a number of patents pending, according to Neil Jenkins, the company's president and CEO. Jenkins merged his company, Krafthaus, with Gibbs in 1999 and his work in developing high-speed amphibious-vehicle technology recently received the UK's prestigious Churchill Medal for innovation and engineering excellence.
"Since the late 1890's, there have been literally hundreds of attempts to build a commercially viable amphibious vehicle," Gibbs noted. "The Magrelen Amphibium built in Denmark in 1899 is credited with being one of the first motorized attempts, while the Hobbycar produced in France between 1992 and 1995 was one of the last."
Porsche built an estimated 5,000 Type 166 Schwimmwagens between 1940 and 1944. Hans Trippel manufactured and sold nearly 4,000 Amphicars during the 1960's. The USA produced thousands of amphibious vehicles during World War II. None were capable of speeds of more than seven mph on water.
Gibbs Technologies is headquartered in Nuneaton near Coventry in the UK, where it has research and development facilities, a prototype manufacturing plant, as well as styling, engineering and marine-test facilities. Additional information about the company, its technology and amphibious vehicles is available on the Internet at http://www.gibbstech.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20070613/CLW023-a
http://www.newscom.com/cgi-bin/prnh/20070613/CLW023-b
http://www.newscom.com/cgi-bin/prnh/20070613/CLW023-c
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN1,PRN2,PRN3
PRN Photo Desk, photodesk@prnewswire.com
Gibbs Technologies
CONTACT: Holly Clark, hclark@usautocom.com or Emily Ernst,
eernst@usautocom.com of AutoCom Associates, +1-248-647-8621; or Steve Bailey
of Gibbs Technologies, +44.2476.388.828, sbailey@gibbstech.co.uk
Web site: http://www.gibbstech.com/
SERMA TECHNOLOGIES : Réorganisation du capital
Monsieur Claude CIZEAU, Président du Directoire de SERMA
TECHNOLOGIES et actionnaire de référence réorganise le capital de la société
SERMA TECHNOLOGIES en s'associant à ses managers et à MBO PARTENAIRES au
travers d'une société holding dénommée GROUPE SERMA.
Cette opération permet à Monsieur Claude CIZEAU et, plus
largement, aux actionnaires dirigeants de céder une partie de leurs actions
SERMA TECHNOLOGIES et à l'équipe de management de prendre une position
majoritaire au travers de la holding. Monsieur Claude CIZEAU et les managers
historiques du Groupe SERMA TECHNOLOGIES restent impliqués à long terme dans
le projet de développement de la société, et ce aux cotés de MBO PARTENAIRES.
Par ces opérations, combinant cession d'actions et apports au
profit de GROUPE SERMA, cette dernière détient à ce jour 50,92 % du capital
de SERMA TECHNOLOGIES et déposera, en application de la réglementation
boursière en vigueur, auprès de l'Autorité des Marchés Financiers, un projet
de garantie de cours sur le solde du capital de SERMA TECHNOLOGIE au prix
unitaire de 17,38 euros par action, prix correspondant aux opérations
intervenues dans le cadre de cette réorganisation du capital de SERMA
TECHNOLOGIES. SERMA TECHNOLOGIES a, de son coté, demandé aux autorités de
marchés la suspension de la cotation de son titre.
La transaction valorise 100 % du capital de SERMA TECHNOLOGIES
à 20 millions d'euros. Le prix de 17,38 euros par action représente une prime
de 6,9 % par rapport à la moyenne des 12 derniers mois (16,26 euros).
Le jour de la suspension de cotation, l'action SERMA
TECHNOLOGIES cotait 16,30 euros.
Cette opération offre une opportunité de liquidité à
l'ensemble des actionnaires qui ont accompagnés SERMA TECHNOLOGIES depuis sa
cotation en bourse.
Euroland Finance est conseil de Monsieur Claude CIZEAU dans le cadre de
cette opération. Il s'agit de la première opération de LBO réalisée sur le
marché Alternext depuis sa création en 2005.
A propos de SERMA TECHNOLOGIES :
Le Groupe SERMA développe auprès de ses clients grands comptes
une offre de prestations à haute valeur ajoutée dans le domaine de
l'électronique embarquée et industrielle. Il compte aujourd'hui près de 400
ingénieurs et techniciens sur 9 sites en France et en Allemagne. SERMA
Technologies, maison mère du groupe est cotée au marché ALTERNEXT de Paris
depuis décembre 2005.
http://www.serma.com
A propos de MBO PARTENAIRES :
MBO Partenaires est spécialisé dans les opérations de MBO sur
les PME dont la valorisation est comprise entre 5 et 60MEUR, tous secteurs
d'activités confondus. MBO Partenaires gère actuellement 270MEUR au travers
de deux fonds communs de placement à risques, MBO Capital (120MEUR) et MBO
Capital 2 (150MEUR). Contacts : Laurent Tesson, Florian de Gouvion Saint
Cyr).
SERMA TECHNOLOGIES
Anne-Marie Puyastier, Assistante - division Electronique, SERMA TECHNOLOGIES, Tel :+33(0)5-57-26-09-52
Gemalto remporte le premier programme de permis de conduire à carte à puce du Mexique
AMSTERDAM, June 13 /PRNewswire/ -- Gemalto (Euronext NL0000400653 GTO), leader mondial de la sécurité
numérique, annonce avoir fourni au Mexique le premier permis de conduire
intégrant la technologie de la carte à puce à Monterrey, dans l'État de Nuevo
Leon. Le contrat prévoit la livraison de 900 000 permis de conduire sur une
période de trois ans. Cette nouvelle carte peut également servir de pièce
d'identité officielle et pourrait être utilisée pour d'autres applications,
notamment dans le secteur de la santé, pour le plus grand bénéfice de tous
les citoyens.
La solution comprend la plate-forme de gestion de carte à puce Gemalto
qui stocke, de manière sécurisée, les informations relatives aux conducteurs,
et un corps de carte particulièrement sophistiqué, dont la sécurité est telle
qu'il peut difficilement être copié ou contrefait. La société Cosmocolor,
maître d'oeuvre de la solution, gère le processus d'inscription et assure la
personnalisation de la solution sur site.
Le permis de conduire est une pièce d'identité dotée d'une puce qui
autorise une personne à conduire une certaine catégorie de véhicules. Le
microprocesseur renferme, de manière sécurisée, une photo haute résolution du
titulaire de la carte, son groupe sanguin et les certificats permettant sa
signature numérique. La puce contient également l'historique des amendes
infligées au titulaire, permettant ainsi aux autorités chargées de la
sécurité routière de mieux appréhender le comportement des automobilistes.
Elle pourrait, à l'avenir, être utilisée par les compagnies d'assurance pour
calculer le coût de leurs polices. Les empreintes digitales et la photo du
conducteur sont encodées dans le corps de la carte.
Les agents de police de la ville seront équipés d'un terminal mobile. Ce
nouveau terminal pourra lire le microprocesseur du permis de conduire et
affichera la photo numérisée stockée sur la puce. L'agent de police pourra
alors vérifier la correspondance de la photo avec celle encodée dans la
carte. Le terminal intègre également une liste préenregistrée et encodée des
infractions à la circulation les plus fréquentes, permettant à l'agent
d'inscrire directement sur la puce le code correspondant au délit commis par
l'automobiliste, mais aussi d'autres informations comme la date et le lieu de
l'infraction.
<< Grâce à ce nouveau système, nous sommes désormais certains d'appliquer
les amendes et les sanctions au conducteur et non au véhicule >>, explique
Jorge Domene, directeur de l'Instituto de Control Vehicular(1). << L'autre
avantage majeur de ce permis à puce tient à sa capacité de partage de
l'information, puisque la puce permet la collecte et l'échange d'informations
sur le conducteur avec d'autres institutions publiques mexicaines. Nous
pouvons désormais par exemple interroger les autorités judiciaires à l'aide
des empreintes digitales et des photos. Le permis de conduire devient ainsi
un outil efficace de sécurité publique >>.
Eric Claudel, vice-président de Gemalto pour l'Amérique Latine, précise:
<< L'Instituto de Control Vehicular a choisi d'adopter une solution carte à
puce qui combine les toutes dernières techniques d'identification biométrique
avec les caractéristiques de sécurité les plus sophistiquées. L'État de Nuevo
Leon bénéficie désormais d'un système rapide, simple et sécurisé pour la
gestion des permis de conduire, qui devrait réduire la fraude et les coûts
administratifs. Cette nouvelle carte servant également de pièce d'identité
officielle, elle pourrait intégrer d'autres services électroniques, notamment
en matière de santé >>.
À propos de Gemalto
Gemalto (Euronext NL 0000400653 GTO) est un leader de la
sécurité numérique avec un chiffre d'affaires pro forma 2006 de 1,7 MdEUR,
des opérations dans quelque 100 pays et plus de 10 000 salariés dont 1 500
ingénieurs de Recherche & Développement.
Dans un monde où la révolution numérique transforme de plus en
plus notre vie quotidienne, les solutions de Gemalto sont conçues pour rendre
les interactions numériques personnelles plus conviviales, plus sûres et plus
agréables.
Gemalto propose des solutions de sécurité numérique intégrées,
depuis le développement de logiciels jusqu'à la création et la fabrication
d'outils de sécurité numérique comme les cartes à puce, cartes SIM,
passeports électroniques ou tokens ou encore la gestion et le déploiement de
services pour ses clients.
Nos produits et services sont utilisés par plus d'un milliard
de personnes à travers le monde pour diverses applications, notamment dans
les télécommunications, les services financiers, les administrations, la
gestion des identités, le contenu multimédia, la gestion des droits
numériques, la sécurité informatique et les transports en commun.
Parce que l'utilisation de ses logiciels et dispositifs
sécurisés augmente avec le nombre de personnes qui interagissent dans le
monde numérique, Gemalto est aujourd'hui idéalement positionné pour croître
dans les années à venir.
Gemalto est issu du rapprochement en juin 2006 entre Axalto et
Gemplus.
Pour plus d'informations, visitez notre site internet
www.gemalto.com.
(1) Organisme public décentralisé du Gouvernement de l'Etat de Nuevo Leon
Contacts
Gemalto
Emmanuelle Saby
Media Relations
T.: +33-(0)6-09-10-76-10
emmanuelle.saby@gemalto.com
Stéphane Bisseuil
Relations Investisseurs
T.: +33-(0)-1-55-01-50-97
maxence.naouri@tbwa-corporate.com
Gemalto
Contacts: Gemalto, Emmanuelle Saby, Media Relations, T.: +33-(0)6-09-10-76-10, emmanuelle.saby@gemalto.com; Stéphane Bisseuil, Relations Investisseurs, T.: +33-(0)-1-55-01-50-97, maxence.naouri@tbwa-corporate.com
Global Crossing Holds Annual General Meeting of Shareholders
FLORHAM PARK, N.J., June 13 /PRNewswire-FirstCall/ -- Global Crossing today announced that it held its 2007 Annual General Meeting of Shareholders (AGM) yesterday, June 12, 2007. Each of the proposals submitted for shareholder approval at the 2007 AGM was approved. Specifically, the shareholders approved: (1) the reelection of Charles Macaluso and Michael Rescoe to the board of directors for a term expiring at the 2008 AGM; (2) an increase in the authorized share capital of the company from 85,000,000 common shares to 110,000,000 common shares; (3) an amendment of the 2003 Global Crossing Limited Stock Incentive Plan to increase the number of authorized shares of common stock reserved for issuance under that plan; (4) amendments to the company's bye-laws; and (5) the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2007.
At the AGM, John Legere, chief executive officer, presented 2006 and first quarter 2007 results and updated shareholders on his expectations for the business for the balance of 2007, confirming that the company was on track to meet its 2007 financial guidance previously issued on May 10, 2007. Mr. Legere's presentation from the AGM is available on Global Crossing's Web site at http://investors.globalcrossing.com/events.cfm.
ABOUT GLOBAL CROSSING
Global Crossing provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 320 cities in 31 countries worldwide, and delivers services to more than 600 cities in 60 countries and 6 continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.
Global Crossing IP services are global in scale, linking the world's enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive. The company offers a full range of data, voice and security products, to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its Professional Services and Managed Solutions provide VoIP, security and network consulting and management services to support its Global Crossing IP VPN service and Global Crossing VoIP services. Global Crossing was the first -- and remains the only -- global communications provider with IPv6 natively deployed in both its private and public backbone networks.
Please visit http://www.globalcrossing.com/ or blogs.globalcrossing.com/ for more information about Global Crossing.
Cautionary Statements That May Affect Future Results
This report contains statements about expected future financial results that are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including: Failure to achieve expected synergies or operating results resulting from the acquisitions of Fibernet or Impsat; Global Crossing's history of substantial operating losses and the fact that, in the near term, funds from operations will not satisfy cash requirements; legal and contractual restrictions on the inter-company transfer of funds by the company's subsidiaries; the company's ability to continue to connect its network to incumbent carriers' networks or maintain Internet peering arrangements on favorable terms; the consequences of any inadvertent violation of the company's Network Security Agreement with the U.S. Government; increased competition and pricing pressures resulting from technology advances and regulatory changes; competitive disadvantages relative to competitors with superior resources; political, legal and other risks due to the company's substantial international operations; potential weaknesses in internal controls of acquired businesses, and difficulties in integrating internal controls of those businesses with the company's own internal controls; the concentration of revenue in a limited number of customers, and the rights of such customers to terminate their contracts or to simply cease purchasing services thereunder; exposure to contingent liabilities; and other risks referenced from time to time in the company's and Impsat's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this report or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contact
Becky Yeamans
+ 1 973 937 0155
PR@globalcrossing.com
Analysts/Investors Contact
Laurinda Pang
+ 1 800 836 0342
glbc@globalcrossing.com
IR/PR1
Global Crossing
CONTACT: Press, Becky Yeamans, +1-973-937-0155, PR@globalcrossing.com,
or Analysts-Investors, Laurinda Pang, +1-800-836-0342,
glbc@globalcrossing.com, both of Global Crossing
Web site: http://www.globalcrossing.com/
http://investors.globalcrossing.com/events.cfm
Tollgrade Introduces DOCSIS(R)-Based Broadband Wireless Access Point at Cable-Tec EXPO 2007
PITTSBURGH, June 13 /PRNewswire-FirstCall/ -- Tollgrade Communications, Inc. , a leading supplier of network service assurance products for the cable and telecom industries, announced today the introduction of its most recent product development, the company's DOCSIS(R)-based broadband wireless access point, the HyFi(TM)1100. The HyFi 1100 is an economical solution that is intended to enable Cable Operators to leverage their existing Hybrid Fiber Coax (HFC) network to provide broadband wireless services for city-wide Hotzone and Municipal Wi-Fi applications. The HyFi 1100 will be featured at Booth 356 at SCTE Cable-Tec EXPO 2007, being held next week in Orlando, Florida.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050603/CLF046LOGO )
"With well over one million test and measurement products deployed across cable systems around the world, Tollgrade has built a strong reputation for providing cost-effective, reliable solutions for the challenging HFC environment", stated Mark Peterson, Tollgrade's President and Chief Executive Officer. "We are excited to apply this expertise to enable cable operators to rapidly deploy, provision and maintain broadband wireless services that leverage their existing HFC access network."
When deployed in concert with Tollgrade's Consolidated Access Server Application (CASA) software, a network of installed HyFi 1100s will be able to be auto-discovered, remotely configured, and centrally managed for the following primary applications:
Roaming Broadband Access for existing cable modem subscribers, enabling
MSOs to increase broadband revenues while positioning themselves against
competitive broadband service providers.
Public Hotspot Access within outdoor community spaces, providing
incremental sources of revenue and increasing goodwill within the
community.
Secured mobile technician network access, reducing expenses through
improved productivity and reduced wireless fees. This application is also
designed to increase MSO revenues by offering service contracts to other
mobile workforces (realtors, municipal employees, etc.)
The HyFi 1100 is designed to support up to four independent IEEE 802.11 a/b/g radios within a single enclosure. Each radio is designed to be configurable to support a variety of wireless, networking and security parameters. Tollgrade's CASA will also serve as a centralized platform for RADIUS Proxy support and custom web page hosting for various Wi-Fi Hotspot applications.
The HyFi 1100 is expected to be available for beta trials in the third quarter of 2007, with general availability in the fourth quarter 2007.
About Tollgrade
Tollgrade Communications, Inc. is a leading provider of network service assurance products and services for centralized test systems around the world. Tollgrade designs, engineers, markets and supports centralized test systems, test access and status monitoring products, and next generation network assurance technologies for the broadband marketplace. Tollgrade's customers range from the top RBOCs (Regional Bell Operating Companies) and Cable providers, to numerous independent telecom, cable and broadband providers around the world. Tollgrade's network testing, measurement and monitoring solutions support the infrastructure of cable and telecom companies offering current and emerging triple play services. Tollgrade, headquartered near Pittsburgh in Cheswick, Pa., and its products and customer reach span over 300 million embedded access lines, more than any other test and measurement supplier. For more information, visit Tollgrade's web site at http://www.tollgrade.com/
Forward-Looking Statements
The foregoing release contains "forward-looking statements" regarding future events or results within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning the Company's current expectations regarding the expected availability date for new products, and the Company's ability to introduce next generation network technologies into existing customer infrastructures and to execute its strategies. The Company cautions readers that such "forward-looking statements" are, in fact, predictions that are subject to risks and uncertainties and that actual events or results may differ materially from those anticipated events or results expressed or implied by such forward-looking statements. The Company disclaims any current intention to update its "forward-looking statements," and the estimates and assumptions within them, at any time or for any reason. In particular, the following factors, among others could cause actual results to differ materially from those described in the "forward-looking statements:" (a) the inability to gain market acceptance of our new products within the customer base; (b) the inability to complete or possible delays in completing certain research and development efforts that may be required for product release and general availability; (c) our dependence upon a limited number of third party subcontractors to manufacture certain aspects of the products we sell, including the products which are the subject of this release; and (d) the inability to make changes in business strategy, development plans and product offerings to respond to the needs of the significantly changing telecommunications markets and network technologies.
Other factors that could cause actual events or results to differ materially from those contained in the "forward-looking statements" are included in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") including, but not limited to, the Company's Form 10-K for the year ended December 31, 2006 and any subsequently filed reports. All documents are also available through the SEC's Electronic Data Gathering Analysis and Retrieval system at http://www.sec.gov/ or from the Company's website at http://www.tollgrade.com/ .
(TM)HyFi is a trademark of Tollgrade Communications, Inc.
(R)DOCSIS is a registered trademark of Cable Television Laboratories, Inc.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050603/CLF046LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Tollgrade Communications, Inc.
CONTACT: Bob Butter, Corporate Communications of Tollgrade
Communications, Inc., Office, +1-412-820-1347, or Cell, +1-412-736-6186,
bbutter@tollgrade.com
Web site: http://www.tollgrade.com/
Company News On-Call: http://www.prnewswire.com/comp/849775.html
Sakonnet Technology Selects AT&T for New Network ServicesAT&T Will Serve as Primary Network and Data Services Provider
NEW YORK, June 13 /PRNewswire-FirstCall/ -- AT&T Inc. today announced a new contract to provide network services to Sakonnet Technology, LLC (http://www.sknt.com/), a market leader in Software as a Service (SaaS) for energy trading and risk management.
Under the terms of the three-year contract, AT&T will now serve as Sakonnet's primary network and data services provider, using AT&T's Internet Protocol (IP)-enabled Virtual Private Network (VPN) services to connect AT&T Internet data center sites hosting Sakonnet's Xenon(R) application and Sakonnet's Application Service Provider (ASP) clients in Europe and the U.S.
The fully managed IP-enabled VPN service provided by AT&T meets Sakonnet's demand for expanded bandwidth and fast, secure data flows. Sakonnet will use AT&T's VPN service to enhance performance of its Xenon trading and risk application, by accelerating price and trade data flows between client remote workstations and Xenon server sets in AT&T's Internet data center. The network will also be used to continuously transmit client trade data to servers at a second AT&T Internet data center, as part of Sakonnet's disaster-recovery (DR) service.
The VPN solution leverages AT&T's Multiprotocol Label Switching (MPLS)- enabled network, providing a secure, fully private and meshed network while delivering robust Quality of Service (QoS) capabilities that allow Sakonnet to prioritize the transfer of its most critical data. AT&T's MPLS network also provides the highest levels of reliability and redundancy and can be scaled to incorporate future growth of Sakonnet's client base.
"As our ASP clients include some of the highest-volume traders in European power markets, we need a first-rate platform for data flow," said Eric Min, Sakonnet's chief operating officer. "The network solution provided by AT&T is an example of Sakonnet's commitment to harnessing the latest technological innovations that improve our application performance and client service."
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About Sakonnet Technology
Sakonnet Technology is the market leader in Software as a Service (SaaS) for energy trading and risk management. Sakonnet's expert international teams provide an unrivalled level of hosting, support, upgrade and consulting services linked to its advanced Xenon(R) platform. These services along with Xenon's streamlined interfaces and workflow, transform the end-user experience, resulting in higher productivity, stronger risk control and a trading edge. Sakonnet addresses the needs of energy companies, banks and hedge funds trading in power, natural gas, crude oil and related markets and has offices in New York, London and Rio de Janeiro. For more information, visit http://www.sknt.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. Subsidiaries and affiliates of AT&T Inc. provide products and services under the AT&T brand. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Seth Bloom of AT&T Inc., +1-617-692-0523, sbloom@attnews.us
Web site: http://www.sknt.com/
http://www.att.com/
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Globalstar Expands Satellite Data Coverage Throughout All of Australia, New Zealand and Surrounding Maritime RegionInstallation of new Simplex data applique continues Globalstar strategy of growing market segments and data business by expanding geographic satellite coverage
MILPITAS, Calif., June 13 /PRNewswire-FirstCall/ -- Globalstar, Inc. , a leading provider of mobile satellite voice and data services to businesses, government, and individuals, today announced that it has expanded its satellite Simplex data coverage to include all of Australia, New Zealand and the surrounding maritime region. Globalstar customers in these regions will now have access to a variety of satellite asset tracking, tracing and data monitoring solutions utilizing the Globalstar Simplex data network.
The expanded Simplex data coverage, which is now available on six continents, is the result of hardware upgrades made by Globalstar, to the satellite gateway or ground station located in Dubbo, Australia. The gateway is owned and operated by Globalstar independent service provider Globalstar Australia Pty Limited and is used to provide customers with access to ground based voice and data networks via the Globalstar satellite constellation.
"Installation of this new applique not only expands Globalstar's satellite Simplex geographic coverage in Australia and New Zealand but when combined with our recent agreement with SingTel, it continues our expanded presence in the Pacific Rim region which includes some of the world's fastest growing economies," said Jay Monroe, Chairman and CEO of Globalstar, Inc. Mr. Monroe added, "This investment is also further evidence of our company's commitment to one of the fastest growing areas of our business. In the last two quarters Globalstar has made a number of compelling Simplex data announcements, and we expect to continue to expand our simplex market opportunity through 2007 and beyond."
Since the beginning of the year, Globalstar has announced a number of Simplex data initiatives including the introduction of a new smaller and lighter Simplex data modem known as the AXTracker MMT, the launch of Simplex data and back office service for its customers in Latin America, and the extension of a Simplex data reseller agreement with General Electric's Asset Intelligence unit. In May Globalstar entered into an agreement with Singapore Telecommunications Limited (SingTel) which paves the way for both companies to deliver tracking and trace solutions for the maritime and logistics industries, using the Globalstar Simplex data network.
The Globalstar Simplex data offering is a low cost, one-way satellite data service that allows customers to use Simplex data modems and integrated back office management solutions to track mobile assets -- such as vehicles, trailers, cargo containers and marine vessels, using GPS or other location-based software. Because it can be used to monitor data offshore, far from the reach of terrestrial based wireless networks, the service is also ideal for recreational marine and fishing vessel-monitoring applications. The Globalstar Simplex data service can also be used for a wide variety of industrial and security applications to monitor and send information from fixed assets, such as environmental measuring instruments, utility meters, or report the state of various mobile sensor devices and their locations.
This service enhancement once again demonstrates Globalstar's commitment to introducing new product and pricing solutions designed to meet the dynamic requirements of the satellite voice and data marketplace. For sales information in the United States regarding Globalstar's simplex data offering, please contact Bob Bennett at 408-933-4441 or via email at bob.Bennett@globalstar.com. In Australia, please contact Brian Heaven on +61 756 303080 or send an email to sales@globalstar.com.au
About Globalstar, Inc.
With over 250,000 activated satellite voice and data units, Globalstar offers satellite services to commercial and recreational users in more than 120 countries around the world. The Company's voice and data products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset tracking, data monitoring and SCADA applications.
For more information regarding Globalstar, please visit Globalstar's web site at http://www.globalstar.com
Safe Harbor Language for Globalstar Releases
This press release contains certain statements such as "Globalstar has made a number of compelling Simplex data announcements, and we expect to continue to expand our simplex market opportunity through 2007 and beyond" that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond Globalstar's control, including demand for the Company's products and services; problems relating to the construction, launch or in-orbit performance of its existing and future satellites, problems relating to the ground-based facilities operated by it or by independent gateway operators; its ability to attract sufficient additional funding if needed to meet its future capital requirements; competition and its competitiveness vis-a-vis other providers of satellite and ground-based communications products and services; the pace and effects of industry consolidation; the continued availability of launch insurance on commercially reasonable terms, and the effects of any insurance exclusions; changes in technology; its ability to continue to attract and retain qualified personnel; worldwide economic, geopolitical and business conditions and risks associated with doing business on a global basis; and legal, regulatory, and tax developments, including changes in domestic and international government regulation.
Any forward-looking statements made in this press release speak as of the date made and are not guarantees of future performance. Actual results or developments may differ materially from the expectations expressed or implied in the forward-looking statements, and the Company undertakes no obligation to update any such statements. Additional information on factors that could influence Globalstar's financial results is included in its filings with the Securities and Exchange Commission, including its report on Form 10-Q for the quarter ended March 31, 2007.
Globalstar, Inc.
CONTACT: Dean Hirasawa of Globalstar, Inc., +1-408-933-4006,
Dean.hirasawa@globalstar.com
Web site: http://www.globalstar.com/
Force Protection to Join Russell 3000 Index
LADSON, S.C., June 13 /PRNewswire-FirstCall/ -- Force Protection , the first company to bring lifesaving, mine-resistant, ambush- protected vehicles (MRAPs) to U.S. troops in combat, and the only company whose MRAP vehicles have a proven track record of saving soldiers' lives in the battlefield, has announced that the company has been added to the Russell(R) 3000 Index, according to a preliminary list of additions issued by Frank Russell Company.
Force Protection's inclusion into the Russell 3000 index will occur when the index formally reconstitutes its family of U.S. indices on June 22nd, according to the Russell website. The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization.
Membership in the broad-market Russell 3000 remains in place for one year. It also means automatic inclusion in additional Russell indices. Russell determines membership for its equity indices primarily by objective, market capitalization rankings, and style attributes.
"Force Protection's inclusion in the Russell 3000 is truly a milestone for our growing company," said Force Protection Chief Financial Officer Michael S. Durski. "Our company's inclusion in the Russell 3000 will further enhance Force Protection's visibility with investors, and with the institutions that rely on the Russell indices as part of their investment strategies. Moreover, this milestone reaffirms our commitment to getting as many of our lifesaving trucks into the hands of U.S. troops as quickly as possible.
"Russell indices are widely used by investment managers and institutional investors for index funds, and as benchmarks for both passive and active investment strategies. Investment managers who oversee these funds purchase shares of member stocks according to the company's weighting in that particular index. The combined market capitalization of stocks in the Russell 3000, which reflects about 98% of the U.S. equity universe, has increased more than $3 trillion from $15.3 trillion at this point last year to $18.5 trillion today.
About Force Protection
Force Protection is a leading ballistics research and manufacturing enterprise, specializing in the development and production of highly reinforced armored personnel carriers that are designed to save soldiers' lives by shielding them from the deadly effects of roadside bombs, or IEDs, which have become a leading killer of U.S. troops in Iraq. The trucks' unique, V-shaped hull is designed to deflect the force of IED blasts away from the vehicle, keeping soldiers inside safe and alive, and have become the proven response to an emerging global threat to U.S. troops. Force Protection's mine and ballistic protection technologies are among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C. Visit the company's website at http://www.forceprotection.net/.
This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward looking statements are further qualified by factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/) and the company's public statements. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.
Force Protection
CONTACT: Investors, Julie Tu, +1-843-740-7015 ext. 200, or Media, Tom
Corbett, +1-312-640-6757, both for Force Protection
Web site: http://www.forceprotection.net/
IKANO Communications Inc. Signs New DSL Agreement with AT&T Worth $26 Million
SALT LAKE CITY, June 13 /PRNewswire-FirstCall/ -- AT&T Inc. has announced that IKANO Communications Inc., a leading provider of private-label, wholesale, and retail Internet services, has signed a 30-month multiservices agreement (MSA) worth $26 million with AT&T.
The MSA includes a new DSL commercial agreement for AT&T DSL Internet Service, which enables IKANO to provide broadband access to its end users, as well as the AT&T Wholesale Roaming Service, which provides dial-up Internet access and Internet Protocol (IP) backbone connectivity by using the AT&T IP dial-up network.
In concert with these services, IKANO will become an aggregator for lower- volume Internet service provider (ISP) customers who are seeking competitive rates. Additionally, AT&T will work with IKANO to enhance its Layer 2 backbone for concentration of the DSL services through AT&T's Advanced Broadband Service, an end-to-end dedicated interstate Internet information access service.
AT&T is the nation's largest broadband provider. The agreement with AT&T allows IKANO to sell services in a wide footprint that includes 13 states (Missouri, Michigan, Arkansas, Ohio, Wisconsin, Indiana, California, Texas, Oklahoma, Connecticut, Nevada, Kansas and Illinois). IKANO will be able to offer three tiers of DSL including 1.5 Mbps, 3 Mbps and 6 Mbps.
"The agreement with AT&T allows IKANO to increase network services to our customers and gives us a 13-state expansion and a competitive DSL access product for potential new customers in those territories," said George Naspo, president and CEO, IKANO. "The new agreement also helps us to expand our retail and wholesale offerings simultaneously, which is extremely positive for our business."
"We are pleased to enter into the next level of our relationship with IKANO," said Thomas Harvey, vice president, Emerging Markets for AT&T Wholesale, AT&T Operations, Inc. "This agreement enables both IKANO and AT&T to explore new opportunities in a changing market."
IKANO has established relationships with some of the largest telecommunications carriers in the United States and Canada. The agreement with AT&T also allows IKANO to grow other segments of its business, including Internet networking infrastructure, wholesale access, private-label and consumer Internet services. Its private-label platform supports turnkey dial-up, DSL, wireless access solutions, e-mail/Webmail, instant messaging, hosting, billing and branded customer service. The company expects further growth as the infrastructure for broadband service expands nationwide. IKANO is backed by a number of industry-leading investors, including Insight Venture Partners at http://www.insightpartners.com/.
AT&T is a global leader in delivering a full portfolio of reliable and highly secure network, data and IP solutions to the six wholesale industry segments it serves. As a leading provider of wholesale services, AT&T provides complete end-to-end solutions locally and globally for carriers, wireless operators, cable providers, systems integrators, Internet service providers and content providers. The company helps businesses grow by extending their footprint, strengthening their network infrastructure, making their internal
business operations more efficient and complementing their existing offers with value-added application services.
About IKANO Communications, Inc.
IKANO Communications was founded over 10 years ago as a regional Internet service provider in the Intermountain West and since then has flourished to become the industry leader in private-label, wholesale, and retail Internet services. IKANO leverages its ISP platform to provide outstanding services at highly competitive prices. The company's rapid growth and excellence in the field have resulted in IKANO's ranking in the Inc. 500, Technology Fast 500, Inner City 100, Utah 100, and Call Center of the Year. For more information, please visit http://www.ikano.com/. Companies interested in learning more about IKANO should contact info@ikano.com, or call 877.492.0121.
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
CONTACT: Wendi Fuller of AT&T, +1-214-665-1306, wfuller@attnews.us; or
Douglas Pollei of IKANO Communications Inc., +1-801-415-8057,
dpollei@ikano.com
Lexmark achieves OHSAS 18001 certification worldwide at its manufacturing facilities
LEXINGTON, Ky., June 13 /PRNewswire-FirstCall/ -- Lexmark International, Inc. has achieved OHSAS 18001 certification at its business products facility in Juarez, Mexico, where the company manufactures laser cartridges. With the completion of this certification, all of Lexmark's manufacturing facilities globally are now certified to the OHSAS 18001 standard.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020819/LEXMARKLOGO )
Established by a group of leading standard and certification organizations, OHSAS 18001 is an international standard that outlines specifications for developing an occupational health and safety management system. It is designed to help companies manage a safe and healthy work environment for their employees.
"As a socially responsible company, we have a longstanding commitment to the health and safety of our employees. Our goal is to continually improve our health and safety performance, and we're proud to have our management systems certified at all our manufacturing facilities around the world," said Paul J. Curlander, Lexmark chairman and chief executive officer.
Lexmark is also ISO 14001 certified at its manufacturing facilities globally. ISO 14001 is a global standard that sets the framework for environmental management systems.
For more information on Lexmark's environmental, health and safety programs, visit http://environment.lexmark.com/.
About Lexmark
Lexmark International, Inc. provides businesses and consumers in more than 150 countries with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2006, Lexmark reported $5.1 billion in revenue. Learn how Lexmark can help you get more done at http://www.lexmark.com/.
Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.
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Lexmark International, Inc.
CONTACT: Melissa G. Lucas of Lexmark International, Inc.,
+1-859-232-5806, mlucas@lexmark.com
Web site: http://www.lexmark.com/
Marvell WLAN SoC Receives Prestigious INSIGHT Award
SANTA CLARA, California, June 13 /PRNewswire/ --
- Marvell(R) 88W8686 System-on-a-Chip (SoC) Recognized for Integration
and Innovation in RF IC Transceiver Design by Semiconductor Insights
Marvell (Nasdaq: MRVL) http://www.marvell.com, the leader in storage,
communications, and consumer silicon solutions, announced that the Marvell(R)
88W8686 ultra-low-power 90 nanometer (nm) WLAN System-on-a-Chip (SoC)
solution has received the 2007 INSIGHT award for most innovative RF IC
transceiver. The award, sponsored by Semiconductor Insights (SI) in
conjunction with Semico and EETimes, recognizes corporate and individual
feats in technology. Selected devices undergo a complete relevant analysis by
SI in order to qualify for the award.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070411/SFW034LOGO)
"The Marvell 88W8686 SoC demonstrated a very high level of integration,
featuring a dual-band RF transceiver operating at 2.4 and 5 GHz, a physical
layer, a media access controller, and an ARM processor on a single die,"
stated Michael Keller, technology manager for Wireless at SI. "In fabricating
the RF IC and analog circuits alongside the digital ones, Marvell utilized
innovative techniques in laying out the RF components, clearly illustrating
Marvell's commitment to developing new process technologies. Our lead
wireless analyst was quite impressed with the Marvell device, which was
selected over other nominees such as Infineon, Qualcomm, and Nordic."
"Marvell is honored to receive this distinction for the 88W8686 WLAN
solution," stated Dr. Paramesh Gopi, Marvell's vice president and general
manager of the Embedded and Emerging Business Unit, Communications and
Consumer Business Solutions. "In developing the 88W8686 we endeavored to
provide revolutionary features and enhanced battery life on consumer devices.
This award recognizes our dedication to developing innovative solutions for
high-volume consumer markets."
For more information on Marvell's advances in wireless technology, please
visit the company's [Wi-Fi Solutions] at
http://www.marvell.com/products/wireless/index.jsp.
The Marvell 88W8686 integrates an ARM-compliant CPU, high-speed serial
host interfaces, and an advanced 802.11 a/b/g RF transceiver with full
cellular coexistence. Targeted at a wide variety of consumer devices,
including 3G and broadband handsets, the Marvell 88W8686 has full compliance
for advanced communications standards including complete support for L3,
TCP/IP, UMA, and IMS. The 88W8686 incorporates Marvell's proven thick MAC
architecture, and offloads the host CPU-resulting in lower power and
increased system performance. The 88W8686 is fully backward compatible with
Marvell's field-proven, industry-leading WLAN software suite for Linux,
Microsoft Windows CE, and other proprietary operating systems.
For more information on the INSIGHT awards, please visit
http://www.semiconductor.com/insightawards/index.asp.
About Marvell
[Marvell (Nasdaq: MRVL)] http://www.marvell.com is the leader in
development of storage, communications, and consumer silicon solutions. The
company's diverse product portfolio includes switching, transceiver,
communications controller, wireless, and storage solutions that power the
entire communications infrastructure including enterprise, metro, home and
storage networking. As used in this release, the terms "company" and
"Marvell" refer to Marvell Technology Group Ltd. and its subsidiaries,
including Marvell Semiconductor, Inc. (MSI), Marvell Asia Pte Ltd (MAPL),
Marvell Japan K.K., Marvell Taiwan Ltd., Marvell International Ltd. (MIL),
Marvell U.K. Limited, Marvell Semiconductor Israel Ltd. (MSIL), Marvell
Software Solutions Israel Ltd., and Marvell Semiconductor Germany GmbH. MSI
is headquartered in Santa Clara, California and designs, develops and markets
products on behalf of MIL and MAPL. MSI may be contacted at (408) 222-2500 or
at http://www.marvell.com.
About Semiconductor Insights
Semiconductor Insights (SI) is the leading technical advisor to the
world's microelectronics community. SI supports its clients in asserting
their intellectual property (IP) rights and developing and commercializing
new technologies and products, through in-depth technical investigation of
integrated circuits and electronic systems. Typical clients are major
electronics and semiconductor corporations in Japan, Korea, Taiwan, Europe,
and North America and their representing law firms. SI has participated in
virtually every major semiconductor licensing campaign since the company's
inception in 1989.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995:
This release contains forward-looking statements based on projections and
assumptions about our products and our markets. Words such as "anticipates,"
"expects," "intends," "plans," "believes," "seeks," "estimates," "may,"
"will," "should," and their variations identify forward-looking statements.
Statements that refer to, or are based on projections, uncertain events or
assumptions also identify forward-looking statements. These statements are
not guarantees of results and are subject to risks and uncertainties. Some
risks and uncertainties that may adversely impact the statements in this
release about the products described in this release include, but are not
limited to, the performance, capabilities and adoption of Marvell's 88W8686
SoC products. For other factors that could cause Marvell's results to vary
from expectations, please see the sections titled "Risk Factors" in Marvell's
quarterly report on Form 10-Q for the fiscal quarter ended April 29, 2006 and
other factors detailed from time to time in Marvell's filings with the
Securities and Exchange Commission. We undertake no obligation to revise or
update publicly any forward-looking statements.
Marvell(R) is a registered trademark of Marvell or its affiliates.
Other names and brands may be claimed as the property of others.
For Further Information Contact:
Diane Vanasse
Marvell Media Relations
+1-408-242-0027
dvanasse@marvell.com
Linda Sanders
Marvell Analyst Relations
+1-408-807-0910
lsanders@marvell.com
Web site: http://www.marvell.com
Marvell
Diane Vanasse of Marvell Media Relations, +1-408-242-0027, dvanasse@marvell.com, or Linda Sanders of Marvell Analyst Relations, +1-408-807-0910, lsanders@marvell.com, both of Marvell; Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070411/SFW034LOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
Valero Refines Compliance and Safety Processes With SAPNorth America's Largest Oil Refiner Selects SAP Solutions to Meet Evolving Compliance Regulations and Safety Reporting Requirements
SAN ANTONIO, June 13 /PRNewswire-FirstCall/ -- SAP AG today announced that Valero Energy Corporation, North America's largest refiner, has selected SAP(R) solutions to address the increasing number of business issues facing the oil and gas industry, including regulatory compliance, managing risk and driving business performance. Faced with continually evolving global compliance regulations and growing needs to monitor, manage and report on operational performance, including plant safety metrics, oil and gas companies are continuing to invest in IT solutions that integrate their mature enterprise infrastructures for continued operational excellence.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a )
"Valero's relationship with SAP has been a key enabler for our aggressive growth strategies," said Hal Zesch, CIO and SVP, Valero. "As we look to meet the evolving operational needs of our business, SAP's offerings were a natural selection to deliver an efficient, dependable solution that can increase transparency and reporting across our operations with demonstrable success."
Today's oil and gas companies are faced with increased pressures and requirements regarding process safety management. In addition to ensuring regulatory compliance, gaining visibility into operational indicators of plant safety, reliability, efficiency and financial performance is essential to a company's long-term success and sustainability. The SAP(R) xApp(TM) Manufacturing Integration and Intelligence (SAP xMII) composite application and SAP solutions for governance, risk and compliance (SAP solutions for GRC) will complement Valero's already broad SAP landscape and address the growing needs for visibility into process controls, plant safety metrics and daily operations. With SAP xMII, any key operational metric can be deployed and displayed in a manner to transform data into actionable information, with charts, trends and alerts to track deviations and to help ensure compliance with regulatory and best practice standards.
"Valero's impressive track record of growth and business success is built upon a strong foundation of IT investments that have enabled the integration of its many acquisitions and its expansion into new business models," said Bill McDermott, president and CEO, SAP Americas and Asia Pacific Japan. "Recognizing the increasing regulatory requirements of its industry, Valero is once again taking a leadership position, making prudent investments in new SAP solutions designed to meet the business compliance and risk management issues that will drive its continued business success. We continue to be pleased with Valero's selection of SAP as its solution partner."
This implementation, supporting Valero's enterprise service-oriented architecture strategy and leveraging the company's existing SAP NetWeaver(R) platform, will expand a standardized IT platform across the company's operations. The integration of many disparate operational systems will enable Valero to maintain its reputation of technology innovator and leader in IT strategies that support and enable business and operations successes. SAP solutions have helped support Valero's growth by enabling streamlined integration of the company's numerous acquisitions, which have led to Valero becoming a national leader in the refining industry.
Under the agreement, Valero will implement a wide range of software from SAP in a phased rollout for approximately 9,000 users at 18 company sites. In addition to SAP solutions for GRC and SAP xMII, Valero is also implementing the SAP(R) xApp(TM) Emissions Management (SAP xEM) composite application, Duet(TM) software, SAP(R) Interactive Forms by Adobe, SAP(R) Extended Sourcing for Oil & Gas and the SAP(R) xApp(TM) Resource and Portfolio Management (SAP xRPM) composite application. The first part of the implementation is currently running with additional rollouts scheduled in the coming weeks.
About SAP
SAP is the world's leading provider of business software.* Today, more than 39,400 customers in more than 120 countries run SAP(R) applications -- from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver(R) platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com/)
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Copyright (C) 2007 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.
Note to editors:
For free video content about SAP, please log onto http://www.thenewsmarket.com/sap to preview and request video. You can receive broadcast-standard video digitally or by tape from this site. Registration and video is free to the media.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
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SAP AG
CONTACT: Randi Polanich of SAP, +1-610-661-4491, randi.polanich@sap.com,
EDT, or the SAP Press Office, +49 (6227) 7-46315, CET, +1-610-661-3200, EDT,
press@sap.com; or Jim Sarlo of Burson-Marsteller, +1-312-596-3525,
jim.sarlo@bm.com, CDT, for SAP AG
Web site: http://www.sap.com/
EDS Launches Mid-Range Card Platform in Latin AmericaBrazil's BV Financeira Signs Six-Year Contract and Becomes First Client of New Platform
SAO PAULO, Brazil, June 13 /PRNewswire-FirstCall/ -- EDS today announced the launch of a new mid-range card platform that will allow a wider scope of financial institutions to introduce more creative, differentiated products within a shortened time frame. The new solution offers robust functionality for private label and bank issuing, both regional and global. The mid-range card platform is already operational in the EDS regional Service Management Centres in Brazil.
Providing proven customer benefits, the new card solution presents substantially lower costs than a mainframe platform, combined with volume and consumption-based pricing which transforms traditional fixed costs into variable costs. Private label and bank card issuers will also find a reduced time to market and comprehensive authorization tools to ensure compliance with risk policies. EDS' mid-range card platform is also differentiated by linking traditional credit and installment loan products, enabling a single view of customer account balances.
Sao Paulo-based BV Financeira has signed a six-year agreement with EDS to process its credit card transactions, making the Brazilian financial institution the first client to launch a credit card product using EDS' new mid-range card platform. BV Financeira's first card production was launched with both MasterCard and Visa cards within a two-month time frame by EDS. BV Financeira anticipates its card portfolio will grow to approximately three million cards in the next six years.
"Our success with BV Financeira demonstrates EDS' innovative offerings and reaffirms our global financial services expertise, including deep knowledge of card processing in Latin America," said Bob Segert, vice president, global financial products at EDS. "Our mid-range card platform gives financial institutions the opportunity to gain entry into the card marketplace without heavy capital investment or long lead times, all on an architecture that ensures scalability."
More than 100 EDS professionals were directly involved with the development and launch of this card platform in Brazil. Additionally, EDS relied heavily on the best-in-class technology of three EDS Agility Alliance partners: EMC (storage), Oracle (database licenses) and Sun Microsystems (servers). Each partner worked jointly with EDS to define the architecture for the new card platform, as well as the environment needed to develop and test the solution.
"Currently, EDS Brazil processes 4.5 million cards annually, totaling 2.1 billion transactions for its financial services clients," said Chu Tung, EDS country manager, Brazil. "EDS occupies the leading position in cardholder transaction processing in Brazil and, globally, has operations in more than 18 countries."
Some 25,000 EDS employees work on finance-related projects for about 200 customers in 30 countries for clients such as ABN Amro, Aon, Bank of Canada, Bank of Queensland, la Caixa, CIBC, Commonwealth Bank Group, KBC, Korea First Bank, Lloyds TSB, Royal Bank of Scotland, Societe Generale, Visa and Westpac.
About BV Financeira
Established in 1996, in only 11 years BV Financeira became one of Brazil's largest financial institutions, with about 2 million clients and a funding portfolio that exceeds R$ 10 billion. All this was built by a winning team of 3,800 employees in 54 agencies spread all over the country. The Votorantim Group started being built in 1918. It has been operating in several industries such as the cement, metals, pulp and paper, agribusiness, chemical, and energy industries. In 1988, always in search of diversification, the group started the creation of what was later called the Votorantim Financas holding company that now gathers Banco Votorantim, Votorantim Asset Management, Votorantim Corretora and BV Financeira.
About EDS
EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry 45 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at http://www.eds.com/.
About the EDS Agility Alliance
The EDS Agility Alliance is a coalition of companies globally recognized for their quality, products and value to clients. Its mission is to innovate, develop and deliver the EDS Agile Enterprise Platform -- EDS' next-generation global delivery system. Together, EDS and its Agility Alliance partners collaborate to design, build and run a market-leading services platform and develop technology-based services to deliver tangible client results. EDS Agility Alliance partners include Cisco, EMC, Microsoft, Oracle, SAP, Sun Microsystems and Xerox.
CONTACT:
Annabelle Baxter -- EDS Gabriela Boff -- EDS
972 605 09 78 011 3707 4339
annabelle.baxter@eds.com gabriela.boff@eds.com
EDS
CONTACT: Annabelle Baxter, +1-972-605-0978, annabelle.baxter@eds.com,
Gabriela Boff, 011 3707 4339, gabriela.boff@eds.com, both of EDS
Web site: http://www.eds.com/
Spare Backup Software Now Available for Health Care Providers Seeking an Electronic Data Backup and Recovery System for Their HIPAA Compliance
PALM DESERT, Calif., June 13 /PRNewswire-FirstCall/ -- Spare Backup, Inc (BULLETIN BOARD: SPBU) announced today that its software is now available for use for Healthcare providers needing to use a cost effective remote date backup and recovery system that meets the requirements set forth by HIPAA.
Spare Backup Data Protection can help health organizations meet HIPAA compliance requirements, specifically those of the Subpart C-Security Standards for the Protection of Electronic Protected Health Information.
Spare Backup is a secure, online backup service that automates the process of backing up electronic data. Spare Backup was created to satisfy the broad need for an easy to use, automatic and secure method of backing up data offsite. All data selected for backup including, patient and billing records, are encrypted before leaving the user's computer(s) and are not accessible unless authenticated by the user's encryption key. This encryption key is stored on the user's system and is never transmitted over the Internet. Thus, only the user has access to his or her files, eliminating the threat of unauthorized access. Spare Backup does not have access to the unencrypted files.
Each file is individually encrypted using a unique 256 bit encryption key. Spare Backup uses 256-bit Advanced Encryption Standard (AES) encryption technology. AES encryption was developed by the U.S. National Institute of Standards and Technology (NIST) and is now the state-of-the-art standard encryption technique for both commercial and government applications. For added security, and to meet Subpart C-Security Standards for the Protection of Electronic Protected Health Information transmission requirements, each encrypted file is sent over the Internet via a secure channel using Secure Sockets Layer (SSL) technology. This is the same Internet transmission technology used for online banking and credit card applications. As a result, all data is encrypted twice. It is encrypted at all times using the 256-bit AES encryption, and is further encrypted during transmission over the secure Internet connection, to and from the data centers. Further, all user data is sent to and stored within our secure Tier 3 data centers. Spare Backups Tier 3 data centers have 24/7 on-site monitoring, advanced security technology such as biometric access controls, backup generators and redundant connections to the Internet.
Cery Perle, CEO of Spare Backup stated, "Our solution provides Healthcare providers with a cost effective and easy way to comply with certain HIPAA requirements and we are excited to enter into this growing and important field of use."
About Spare Backup, Inc.
Spare Backup, Inc. specializes in helping consumers, small office/home office users, and small to mid-sized businesses protect their computer data quickly, automatically and cost-effectively. The company's flagship Spare Backup product is the first totally automated online backup service that intelligently selects, secures and stores files without any user intervention, automatically backing up documents, email, music, photos and other PC files on a continuous basis or according to the schedule of the user's choice. The company is headquartered in Palm Desert, Calif.
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement.
Spare Backup, Inc
CONTACT: Robert Schatz of Wolfe Axelrod Weinberger Assoc. LLC,
+1-212-370-4500, rob@wolfeaxelrod.com, for Spare Backup
Web site: http://www.sparebackup.com/
Conolog Announces Initial Order For CM-100 Direct Substation Communicators From a North American Electric Utility for Substation to Restore Service and Plant Safety
SOMERVILLE, N.J., June 13 /PRNewswire-FirstCall/ -- Conolog Corporation , an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today receiving initial orders for CM-100 Communicators in various configurations from a major North American utility for short-term restoration of service and plant safety.
President of Conolog Marc Benou stated, "Our CM-100, a first-of-its kind in direct communication between substations, is an ideal solution for electric utilities. The CM-100 is designed for easy installation, operation and updates in the field."
Benou added, "This versatility provides the utilities with minimum downtime and enhanced operational performance."
About Conolog Corporation
Conolog Corporation is a provider of digital signal processing and digital security solutions to electric utilities worldwide. The Company designs and manufactures electromagnetic products to the military and provides engineering and design services to a variety of industries, government organizations and public utilities nationwide. The Company's INIVEN division manufactures a line of digital signal processing systems, including transmitters, receivers and multiplexers.
Contact: Conolog Corporation: Robert Benou, Chairman, 908/722-8081
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products introduced by competitors, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. There can be no assurance that utilities will purchase any of our CM-100 units.
Conolog Corporation
CONTACT: Robert Benou, Chairman of Conolog Corporation, +1-908-722-8081
Web site: http://www.conolog.com/
FileMaker Developer Conference 2007 'Early-Bird' Pricing Ends June 29
SANTA CLARA, Calif., June 13 /PRNewswire-FirstCall/ -- Attendees registering for the annual FileMaker Developer Conference will save $200 with "early-bird" pricing until June 29, 2007, FileMaker announced today (http://www.filemaker.com/devcon).
FileMaker Developer Conference 2007 is set for Aug. 5 - 9 at the Grande Lakes JW Marriott Hotel & Resort, Orlando, FL. After June 29, the full conference fee of $1,395 will apply.
This year's conference will include more than 50 sessions focusing on new tools and techniques, best practices and new approaches for developing databases solutions more securely, efficiently and creatively. In addition to a wide range of technical sessions, the conference will offer a multi-vendor product showcase featuring FileMaker third-party solutions and products, under-the-hood sessions, meetings with FileMaker engineers, product managers, and technical support team members, along with many other social and networking events.
About FileMaker, Inc.
FileMaker Pro is used by millions of individuals and workgroups around the world to be more productive and efficient. Business, education and government customers rely on FileMaker to manage people, projects, images, assets and other information. In addition to being the number one-selling easy-to-use database software, the award-winning FileMaker product line also includes low-cost Applications that automate basic business tasks, ready-to-use Starter Solutions, and tools to create and share solutions from the desktop to the web. FileMaker, Inc. is a subsidiary of Apple Inc.
(C)2007 FileMaker, Inc. All rights reserved. FileMaker is a trademark of FileMaker, Inc., registered in the U.S. and other countries. All other trademarks are the property of their respective owners.
FileMaker, Inc.
CONTACT: Customers, FileMaker, Inc., 1-800-325-2747; or Media, Kevin
Mallon of FileMaker, Inc., +1-408-987-7227, kevin_mallon@filemaker.com
/First Call Analyst:
Web site: http://www.filemaker.com/
http://www.filemaker.com/devcon
Groundbreaking 'Halo 3' Multiplayer Beta Concludes; Official Countdown for Launch of Game BeginsPeople worldwide can gear up for the game's launch Sept. 25 with new, limited edition 'Halo 3'-themed Xbox 360 Wireless Controllers and an Xbox 360 Wireless Headset.
REDMOND, Wash., June 13 /PRNewswire-FirstCall/ -- The countdown has begun for the biggest entertainment event of 2007 with the close of Bungie Studios' massively successful "Halo(R) 3" multiplayer beta. A first for the acclaimed "Halo" franchise, the limited public beta was an overwhelming success, seeing more than 820,000 unique participants and more than 12 million hours of online gameplay in its short test period, equivalent to more than 1,400 years of continuous play by one person.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
Now that the beta has closed, consumers worldwide can gear up for the game's release with a variety of new merchandise, including two new Xbox 360(TM) Limited Edition "Halo 3" Wireless Controllers designed by Spawn and McFarlane Toys creator Todd McFarlane, as well as an Xbox 360 Limited Edition "Halo 3" Wireless Headset, which lets gamers talk with friends over Xbox LIVE(R). The controllers and headset will be available starting in early September and can be preordered at select retailers today, allowing "Halo" fans everywhere to prepare for the launch of this year's biggest game.
"The participation in the 'Halo 3' beta was staggering," said Shane Kim, corporate vice president of Microsoft Game Studios. "Witnessing such a great reaction to a small portion of the game has been inspiring. It's a testament to the fervor and anticipation that surrounds 'Halo 3.' We're confident that on Sept. 25 Halo 3 will drive an unprecedented wave of new gamers to the Xbox 360 platform and Xbox LIVE."
The "Halo 3" beta, an early look at parts of the multiplayer gameplay of "Halo 3," debuted to Xbox 360 owners worldwide via Xbox LIVE on May 16. The more than 820,000 users who played the beta resulted in more than 350 terabytes of data downloaded from Xbox LIVE, equivalent to more than 82 million digital music downloads from the Internet.* Also telling was the players' response to an exciting new saved-film feature, which provided them with the unprecedented ability to record their games and share them over Xbox LIVE with friends for the first time on Xbox 360. The feature, which was unveiled in the beta, saw more than 580,000 saved films created by users, representing more than 2.7 terabytes of data. Because of the tremendous participation in the beta, Bungie now has an exhaustive amount of data that will be used to improve the overall game experience.
Fans looking to immerse themselves in the "Halo" universe before the game's epic launch this September will be able to dive into "Halo" through a variety of new merchandise and accessories:
-- Xbox 360 Limited Edition "Halo 3" Wireless Controllers. Two new Xbox
360 Limited Edition Halo 3 Wireless Controllers will be available
starting Sept. 18 and can be preordered today at select retailers.
Designed with original artwork by legendary Spawn artist Todd
McFarlane, they will be available in either the Covenant Brute or
Master Chief themes. Each controller will be packaged with a limited
edition "Halo 3" collectible figurine created by McFarlane Toys will
sell for an estimated retail price $59.99 (U.S.).
-- Xbox 360 Limited Edition "Halo 3" Wireless Headset. For the "Halo 3"
enthusiast who enjoys wireless mobility while playing with friends on
Xbox LIVE, the Xbox 360 Limited Edition Halo 3 Wireless Headset will
sport the Spartan green and gold and provide high-quality voice
connections over Xbox LIVE for an estimated retail price of $59.99
(U.S.). Available in early September, this accessory can be preordered
today at select retailers.
-- "Halo: Contact Harvest." "Halo" fans can look forward to the latest
book in the "Halo" saga, "Halo: Contact Harvest," published by Tor
Books and due Oct. 2, 2007. Written by Joseph Staten, the Bungie
Studios cinematic and writing lead for the first two "Halo" games, the
newest piece of fiction precedes the current New York Times'
best-selling book series, telling the tale of the first encounters
between UNSC forces and the alien Covenant race that threatens to
destroy all humanity. The trade paperback will cost $12.95 (U.S.).
-- Marvel Comic miniseries. Bungie Studios has teamed up with Marvel
Comics to release the monthly miniseries "Halo: Uprising." The
four-issue miniseries, featuring original storylines and artwork from
the Eisner Award-winning team of superscribe Brian Michael Bendis and
artist extraordinaire Alex Maleev, will launch with issue one on July
25, 2007 and cost $3.99 (U.S.) per issue.
-- Zune(TM)-Halo 3 edition. Encased in collectible packaging, the
Zune-Halo 3 edition digital media player comes preloaded with artwork,
trailers and music from all three "Halo" games, as well as an exclusive
new episode of "Red vs. Blue" from the fan-adored machinima creator
Rooster Teeth Productions LLC. The Zune-Halo 3 edition will be
available exclusively at GameStop starting June 15 for an estimated
retail price of $249 (U.S.).
About Bungie Studios
Bungie Studios was founded in 1991 with two goals: to develop games that combine brilliant technology, beautiful art, intelligent stories and deep gameplay, and then sell enough of those games to achieve its real goal of total world domination. Over the past 10 years it has produced games such as the "Marathon Trilogy" and the first two "Myth" games, hailed as classics by critics and gamers around the world. Bungie's "Halo" franchise is an international award-winning action title that has grown into a global entertainment phenomenon, selling more than 14.7 million units worldwide, logging nearly 1 billion hours of multiplayer action on Xbox LIVE, and spawning action figures, books, a graphic novel, apparel and more. Bungie is currently at work on "Halo 3," which represents the third chapter in this "Halo" trilogy and is slated for release in 2007. More information on Bungie can be found at http://www.bungie.net/.
About Microsoft Game Studios
Microsoft Game Studios is a leading worldwide publisher and developer of games for the Xbox(R) and Xbox 360 video game systems, the Windows(R) operating system and online platforms. Comprising a network of top developers, Microsoft Game Studios is committed to creating innovative and diverse games for Windows (http://www.microsoft.com/games), including such franchises as "Age of Empires(R)," "Flight Simulator" and "Zoo Tycoon(R)"; Xbox and Xbox 360 (http://www.xbox.com/), including such games as "Gears of War" and franchises such as "Halo," "Fable(R)," "Project Gotham Racing(R)" and "Forza Motorsport(R)"; and MSN(R) Games (http://www.games.msn.com/), the official games channel for the MSN network and home to such hits as "Bejeweled" and "Hexic(R)."
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
The "Halo 3" multiplayer beta will require gamers to have access to an Xbox 360 console equipped with a hard drive as well as an Xbox LIVE Gold Membership.
*Based on an average of 4.5 minutes per song and 128-bit encoding.
Microsoft, Halo, Xbox 360, Xbox LIVE, Zune, Xbox, Windows, Age of Empires, Zoo Tycoon, Fable, Project Gotham Racing, Forza Motorsport, MSN and Hexic are trademarks of the Microsoft group of companies.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Microsoft
CONTACT: Josh Kerwin of Edelman, +1-206-223-2282,
josh.kerwin@edelman.com, or Joe DiMiero of Edelman, +1-323-202-1063,
joe.dimiero@edelman.com, both for Microsoft; or Jen Martin of Microsoft,
+1-425-722-5319, jem@microsoft.com
Web site: http://www.microsoft.com/
Globalstar Announces Megan Fitzgerald To ResignMs. Fitzgerald to remain with the company through the second launch of additional satellites later this summer
MILPITAS, Calif., June 13 /PRNewswire-FirstCall/ -- Globalstar, Inc. , a leading provider of mobile satellite voice and data services to businesses, government, and individuals, today announced the resignation of Megan Fitzgerald, effective August 17, 2007. Globalstar expects to complete the launch of four additional Globalstar satellites prior to her departure. Globalstar also announced that, upon Ms. Fitzgerald's departure, Tony Navarra, President of Global Operations, will assume Megan's responsibilities on an interim basis. Mr. Navarra has been with Globalstar and its predecessor since 1991 and served as Executive Vice President of Business Development until 1999 when he was appointed President. Mr. Navarra has approximately 30 years of engineering, satellite development and program management experience.
"I would like to thank Megan for her outstanding contribution and service to Globalstar," said Jay Monroe, Chairman and CEO of Globalstar, Inc. "Megan has been an integral part of Globalstar's operations and she will be missed. We also thank her for participating in an orderly transition of her responsibilities during the next two months. Over the past year she has dealt with an arduous travel schedule, having just returned from three weeks in Kazakhstan overseeing last month's successful launch of four satellites. We are grateful that she will remain with Globalstar to oversee and manage the final launch of our spare satellites. The spare satellites will be used to augment our current constellation and will provide two-way voice and data service through the launch of the second-generation satellite constellation."
Mr. Monroe added, "Megan has made a considerable contribution to our second-generation space segment by playing a prominent role in defining and contracting for this critical aspect of Globalstar's future. Megan will also remain responsible for securing a second-generation satellite launch contract. In many ways, the manufacture and launch of the second-generation constellation represent achievements that Megan has already accomplished, and so we respect her desire to pursue other challenges. I am confident her experiences at Globalstar will enable her to take new and exciting steps in her career. On behalf of Globalstar, I wish Megan continued success in all of her future endeavors."
About Globalstar, Inc.
With over 250,000 activated satellite voice and data units, Globalstar offers satellite services to commercial and recreational users in more than 120 countries around the world. The Company's voice and data products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset tracking, data monitoring and SCADA applications.
For more information regarding Globalstar, please visit Globalstar's web site at http://www.globalstar.com/
For further media information:
Globalstar, Inc.
Dean Hirasawa
(408) 933-4006
Dean.hirasawa@globalstar.com
Safe Harbor Language for Globalstar Releases
This press release contains certain statements such as "Globalstar expects to complete the launch of four additional Globalstar satellites prior to her departure," that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond Globalstar's control, including demand for the Company's products and services; problems relating to the construction, launch or in-orbit performance of its existing and future satellites, problems relating to the ground-based facilities operated by it or by independent gateway operators; its ability to attract sufficient additional funding if needed to meet its future capital requirements; competition and its competitiveness vis-a-vis other providers of satellite and ground-based communications products and services; the pace and effects of industry consolidation; the continued availability of launch insurance on commercially reasonable terms, and the effects of any insurance exclusions; changes in technology; its ability to continue to attract and retain qualified personnel; worldwide economic, geopolitical and business conditions and risks associated with doing business on a global basis; and legal, regulatory, and tax developments, including changes in domestic and international government regulation.
Any forward-looking statements made in this press release speak as of the date made and are not guarantees of future performance. Actual results or developments may differ materially from the expectations expressed or implied in the forward-looking statements, and the Company undertakes no obligation to update any such statements. Additional information on factors that could influence Globalstar's financial results is included in its filings with the Securities and Exchange Commission, including its report on Form 10-Q for the quarter ended March 31, 2007.
Globalstar, Inc.
CONTACT: Dean Hirasawa of Globalstar, Inc., +1-408-933-4006,
Dean.hirasawa@globalstar.com
Web site: http://www.globalstar.com/
AT&T BusinessDirect(R) Tops All Competitors in Analyst Firm's Survey of Enterprise PortalsStudy Marks the Third Straight Year that AT&T's Customer Portal Has Been Recognized as Providing the Strongest Online Support
SAN ANTONIO, June 13 /PRNewswire-FirstCall/ -- AT&T Inc. today announced that for the third consecutive year it has been recognized by a leading industry research firm as providing customers with the strongest online support and service experience in the industry through its Web portal, AT&T BusinessDirect.
AT&T BusinessDirect was once again was ranked as the best e-portal in service categories deemed critical to enterprise customers in an annual survey of leading carriers providing wired and wireless services conducted by the Yankee Group.
AT&T BusinessDirect combines service management and support reporting tools into a single, secure extranet site that provides users with increased visibility and cost control over their network performance and investments. Each month, hundreds of thousands of AT&T business customers conduct more than 3 million transactions -- ranging from ordering services, to maintenance requests, to billing inquiries -- using AT&T BusinessDirect. The number of BusinessDirect customer transactions increased 12 percent in 2006, and AT&T expects use of the service will continue to grow even higher in 2007.
The Yankee Group study, which was completed in December 2006 and published in May 2007, compared ordering, maintenance, billing and network management functionality in the portals of five Tier-1 service providers. In addition, the study concluded that AT&T had the strongest enterprise portal across all of these areas with the widest range of product coverage, functionality and integration to the enterprise.
"Web-based self-care emerged as an invaluable tool for providing enterprise customers with more information and choices for how to manage their carrier-based services," said Paul Hughes, Vice President of Enabling Technologies Service Provider Group at Yankee Group. "This is the third consecutive year that AT&T continues to be the industry leader for online customer service and support with AT&T BusinessDirect. AT&T stood out in 2006 by demonstrating leadership in the integration of mobile devices into the Web portal. Other carriers should follow its lead."
"We are once again honored to be acknowledged by Yankee Group as the leader in business portal services. This confirms AT&T's ongoing commitment to and investment in providing a superb customer experience," Mark Metzendorf, vice president of eSales and Service. "We've worked very hard and are extremely proud of the industry leadership status that the AT&T BusinessDirect portal has achieved."
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: Michael Lordi, +1-908-234-6071, office, +1-908-329-4854, mobile,
mlordi@attnews.us, or Janet Wyles, +1-908-234-6067, office,
+1-732-331-6754, mobile, wyles@att.com, both of AT&T
Web site: http://www.att.com/
Synopsys Chief Financial Officer Brian Beattie to Speak at NASDAQ 19th Investor Program
MOUNTAIN VIEW, Calif., June 13 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in semiconductor design software, today announced that Chief Financial Officer Brian Beattie will speak at the NASDAQ 19th Investor Program in London, on June 19, 2007.
This event will be broadcast live on the Internet via the Synopsys corporate website at http://www.synopsys.com/corporate/invest/invest.html on Tuesday, June 19, 2007 at 6:15 a.m. ET (3:15 a.m. PT). To access the live webcast presentation, please go to the website at least 10 minutes early to register and to download and install any necessary audio software. The webcast replay of the presentation can be accessed at the Synopsys corporate website within 90 minutes of the conclusion of the live event.
About Synopsys
Synopsys, Inc. is a world leader in electronic design automation (EDA) software for semiconductor design. The company delivers technology-leading system and semiconductor design and verification platforms, IC manufacturing and yield optimization solutions, semiconductor intellectual property and design services to the global electronics market. These solutions enable the development and production of complex integrated circuits and electronic systems. Through its comprehensive solutions, Synopsys addresses the key challenges designers and manufacturers face today, including power management, accelerated time to yield and system-to-silicon verification. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan and Asia. Visit Synopsys online at http://www.synopsys.com/.
Synopsys is a registered trademark of Synopsys, Inc. All other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.
Investor Contact:
Roberta Reid
Synopsys, Inc.
(650) 584-1901
Synopsys, Inc.
CONTACT: Investors, Roberta Reid of Synopsys, Inc., +1-650-584-1901
Web site: http://www.synopsys.com/
Ingram Micro Fortifies Consumer Electronics Presence With Acquisition of DBL DistributingWorld's Largest Technology Distributor Expands its Consumer Electronics Portfolio by Purchasing a Leading U.S. Provider of Accessories
SANTA ANA, Calif., June 13 /PRNewswire/ -- Ingram Micro Inc. , the world's largest technology distributor, strengthened its position in the consumer electronics market today with the signing of a definitive agreement to acquire certain net assets of DBL Distributing Inc., one of the nation's top distributors of consumer electronics (CE) accessories and related products.
"Our acquisition of DBL Distributing is another step forward in Ingram Micro's consumer electronics strategy," said Greg Spierkel, chief executive officer, Ingram Micro Inc. "This strategy positions Ingram Micro at the forefront of two significant trends: the continuing convergence of commercial and consumer technologies and the growing importance of retailers in the marketplace. The transaction is an example of how we plan to deploy capital in the future -- through strategic acquisitions that spur growth, enhance profitability and expand our addressable market."
DBL Distributing, based in Scottsdale, Ariz. with approximately 350 employees, offers a comprehensive mix of more than 17,000 consumer electronics products to thousands of independent retailers across the United States. The company reported 2006 sales of nearly $300 million, following four years of double-digit sales growth, with gross and operating margins double those of Ingram Micro's core distribution business.
"While our purchase of AVAD two years ago made us leaders in the custom installation market, the acquisition of DBL makes us leaders in the independent retail market," said Keith Bradley, president, Ingram Micro North America. "This acquisition provides us with a complementary portfolio of products and services for a new and expansive customer base. We plan to leverage this opportunity by cross-selling our current selection of information technology products to DBL's customers as well as offer our customers access to DBL's extensive CE accessory products."
Bradley added that DBL Distributing will operate as a wholly owned subsidiary of Ingram Micro Inc., maintaining the same brand name, business model and management structure to ease the transition for customers and vendor partners of both companies.
"DBL Distributing is excited to be a part of Ingram Micro and at the prospect of being able to offer a wider range of information technology products to our customer base," said David Lorsch, president and CEO of DBL Distributing. "Our world-class management team led the company to 18 straight years of impressive annual growth, and we're looking forward to joining with Ingram Micro to provide the necessary resources and capital to help us continue this legacy."
The agreement calls for a purchase price of $96 million, subject to final working capital adjustments, and will be financed through existing borrowing capacity. The transaction is expected to be nominally accretive to earnings per share in 2007, building to approximately $0.03 and $0.06 in 2008 and 2009, respectively, which assumes annual non-cash amortization expense for intangibles of approximately $3.0 million and a combined U.S. federal and state income tax rate of 40 percent.
DBL Distributing publishes the most comprehensive CE wholesale catalog in the industry, highlighting a vendor base that includes renowned CE brands such as Philips, Samsung and Sony. As part of this transaction, Ingram Micro has also purchased NXG Technology, DBL's own exclusive brand of custom audio and video installation products. The NXG brand includes two complete lines of audio/video cables, three complete lines of in-wall and indoor/outdoor speakers and a complete offering of in-wall volume controls and A/V selectors.
Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995
The matters in this press release that are forward-looking statements, including but not limited to statements about future revenues, sales levels, operating income, margins, stock-based compensation expense, integration costs, cost synergies, operating efficiencies, profitability, market share and rates of return, are based on current management expectations that involve certain risks which, if realized, in whole or in part, could cause such expectations to fail to be achieved and have a material adverse effect on Ingram Micro's business, financial condition and results of operations, including, without limitation: (1) intense competition, regionally and internationally, including competition from alternative business models, such as manufacturer-to-end-user selling, which may lead to reduced prices, lower sales or reduced sales growth, lower gross margins, extended payment terms with customers, increased capital investment and interest costs, bad debt risks and product supply shortages; (2) integration of our acquired businesses and similar transactions involve various risks and difficulties -- our operations may be adversely impacted by an acquisition that (i) is not suited for us, (ii) is improperly executed, or (iii) substantially increases our debt; (3) foreign exchange rate fluctuations, devaluation of a foreign currency, adverse governmental controls or actions, political or economic instability, or disruption of a foreign market, and other related risks of our international operations may adversely impact our operations in that country or globally; (4) we may not achieve the objectives of our process improvement efforts or be able to adequately adjust our cost structure in a timely fashion to remain competitive, which may cause our profitability to suffer; (5) our failure to attract new sources of profitable business from expansion of products or services or risks associated with entry into new markets, including geographies, products and services, could negatively impact our future operating results; (6) an interruption or failure of or disruptions due to changes to our information systems or subversion of access or other system controls may result in a significant loss of business, assets, or competitive information and may adversely impact our results of operations; (7) significant changes in supplier terms, such as higher thresholds on sales volume before distributors may qualify for discounts and/or rebates, the overall reduction in the amount of incentives available, reduction or termination of price protection, return levels, or other inventory management programs, or reductions in payment terms, may adversely impact our results of operations or financial condition; (8) termination of a supply or services agreement with a major supplier or product supply shortages may adversely impact our results of operations; (9) changes in, or interpretations of, tax rules and regulations may adversely affect our effective tax rates or we may be required to pay additional tax assessments; (10) we cannot predict with certainty, the outcome of the SEC and U.S. Attorney's inquiries or assessments by Brazilian taxing authorities; (11) if there is a downturn in economic conditions for an extended period of time, it will likely have an adverse impact on our business; (12) we may experience loss of business from one or more significant customers, and an increased risk of credit loss as a result of reseller customers' businesses being negatively impacted by dramatic changes in the information technology products and services industry as well as intense competition among resellers -- increased losses, if any, may not be covered by credit insurance or we may not be able to obtain credit insurance at reasonable rates or at all; (13) rapid product improvement and technological change resulting in inventory obsolescence or changes in demand may result in a decline in value of a portion of our inventory; (14) future terrorist or military actions could result in disruption to our operations or loss of assets, in certain markets or globally; (15) the loss of a key executive officer or other key employees, or changes affecting the work force such as government regulations, collective bargaining agreements or the limited availability of qualified personnel, could disrupt operations or increase our cost structure; (16) changes in our credit rating or other market factors may increase our interest expense or other costs of capital, or capital may not be available to us on acceptable terms to fund our working capital needs; (17) our failure to adequately adapt to industry changes and to manage potential growth and/or contractions could negatively impact our future operating results; (18) future periodic assessments required by current or new accounting standards such as those relating to long-lived assets, goodwill and other intangible assets and expensing of stock options may result in additional non-cash charges; (19) seasonal variations in the demand for products and services, as well as the introduction of new products, may cause variations in our quarterly results; and (20) the failure of certain shipping companies to deliver product to us, or from us to our customers, may adversely impact our results of operations.
Ingram Micro has instituted in the past and continues to institute changes to its strategies, operations and processes to address these risk factors and to mitigate their impact on Ingram Micro's results of operations and financial condition. However, no assurances can be given that Ingram Micro will be successful in these efforts. For a further discussion of significant factors to consider in connection with forward-looking statements concerning Ingram Micro, reference is made to Item 1A Risk Factors of Ingram Micro's Annual Report on Form 10-K for the year ended December 30, 2006; other risks or uncertainties may be detailed from time to time in Ingram Micro's future SEC filings. Ingram Micro disclaims any duty to update any forward-looking statements.
About Ingram Micro Inc.
As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics services, technical support, financial services, and product aggregation and distribution. The company serves more than 150 countries and is the only global broadline IT distributor with operations in Asia. Visit http://www.ingrammicro.com/.
About DBL Distributing Inc.
DBL Distributing, Inc. is one of the nation's top distributors of consumer electronics accessories and related products, with more than 30,000 retail customers nationwide. Headquartered in a custom-built 144,000 square foot facility in Scottsdale, Arizona, DBL carries more than 17,000 products from nearly 400 quality manufacturers. DBL offers same-day shipping for orders placed by 5:00 p.m. MST, a best price for 1 or 100 piece policy and has a "no minimum" order policy. DBL's business strategy proves that customers come first. For more information please visit http://www.dbldistributing.com/, or call (800) 733-6766.
Ingram Micro Inc.
CONTACT: Media, Jim Trainor, +1-714-382-2378,
jim.trainor@ingrammicro.com, or Rekha Parthasarathy, +1-714-382-1319,
rekha@ingrammicro.com, or Investors, Ria Marie Carlson, +1-714-382-4400,
ria.carlson@ingrammicro.com, or Kay Leyba, +1-714-382-4175,
kay.leyba@ingrammicro.com, all of Ingram Micro Inc.
Web site: http://www.ingrammicro.com/
http://www.dbldistributing.com/
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