McAfee Inc. to Present at the 17th Annual Wachovia Nantucket Equity Conference
Optical Sensors Incorporated Changes Name to VASAMED, Inc.
MINNEAPOLIS, June 22 /PRNewswire-FirstCall/ -- Optical Sensors Incorporated d/b/a vasamed (Pink Sheets: OPTL), developer and supplier of non-invasive peripheral and cardiovascular diagnostic systems, today announced that it has changed its name to VASAMED, Inc.
"Since early 2004, Optical Sensors Incorporated has been doing business as "vasamed", a name that underscores our mission to provide non-invasive diagnostic tools for a variety of peripheral vascular and cardio vascular conditions," said Paulita LaPlante, president and chief executive officer. "In the course of bringing the SensiLase and AcQtrac diagnostic systems to market, our company has become known in the medical community as VASAMED and we have concluded that our corporate name should be changed to reflect this acceptance by our customers. Accordingly, under the laws of Delaware where we are incorporated, the holders of a majority of shares entitled to vote have consented to a change in our name to VASAMED, Inc. and our articles of incorporation have been amended to reflect this change."
VASAMED is a medical technology company specializing in low-cost, non-invasive peripheral and cardiovascular diagnostic systems for hemodynamic assessment and monitoring. Products developed, manufactured and sold by VASAMED include the SensiLase(TM) PAD 3000 diagnostic system that determines skin perfusion pressure and pulse volume waveforms for quantitative assessment of microvascular health in patients with chronic foot ulcers, diabetes and other peripheral arterial disease. Currently, most of VASAMED's revenues are from sales of the SensiLase product to wound care clinics, podiatrists, vascular surgeons and other health care providers. The Company also markets the non-invasive AcQtrac(TM) hemodynamic monitoring system that provides data required to better assess and direct the treatment of advanced heart failure, hypertension and other cardiovascular diseases. VASAMED's third device, the MicroStat(TM) tissue capnometry system, non-invasively measures sublingual CO2 and provides an early warning signal of diminished perfusion in tissue and possible organ failure.
For more information about VASAMED, see the company's web site at http://www.vasamed.com/. The Company's shares are traded on the Pink Sheets under the symbol OPTL.PK and its financial information is posted at http://www.pinksheets.com/.
VASAMED, Inc.; Optical Sensors Incorporated
CONTACT: Roberta Dircks, CFO of VASAMED, +1-952-944-5857, ext. 542
Web site: http://www.vasamed.com/
http://www.pinksheets.com/
/C O R R E C T I O N -- Obsidian Enterprises, Inc./
In the news release, Durham Files to Elect a New Board of Directors for CLST Holdings (formerly 'CellStar'), issued earlier today by Obsidian Enterprises, Inc. over PR Newswire, we are advised by the company that the ticker symbol for CLST Holdings, Inc. in first paragraph, first sentence should be (OTC Pink Sheets: CLHI) rather than CLST as originally issued inadvertently.
Obsidian Enterprises, Inc.
Imation Corp. Announces Second Quarter 2007 Conference Call Schedule
OAKDALE, Minn., June 22 /PRNewswire-FirstCall/ -- Imation Corp. is scheduled to webcast its teleconference following the release of second quarter 2007 financial results on Thursday, July 19, 2007. Financial results are scheduled to be released at 6:00 AM Central Daylight Time with the teleconference scheduled to begin at 9:00 AM Central Daylight Time.
A live webcast of the teleconference will be available on the Internet at http://www.imation.com/ or http://www.streetevents.com/. A replay of this webcast will be available at either of these websites through Wednesday, July 25, 2007. A taped replay of the teleconference will be available beginning at 1:00 PM Central Daylight Time, July 19, 2007 until 5:00 PM Central Daylight Time on Tuesday, July 24, 2007 by dialing 866-837-8032 (access #1104342).
All remarks made during the teleconference will be current at the time of the call and the replay will not be updated to reflect any subsequent material developments.
About Imation Corp
Imation Corp is a leading developer, manufacturer and supplier of magnetic and optical removable data storage media. Additional information about Imation is available on the company's website at http://www.imation.com/ , or by calling 1-888-466-3456.
Imation Corp.
CONTACT: Brad Allen of Imation Corp., +1-651-704-5818,
bdallen@Imation.com
Web site: http://www.imation.com/
http://www.streetevents.com/
Durham Files to Elect a New Board of Directors for CLST Holdings (formerly 'CellStar')
INDIANAPOLIS, June 22 /PRNewswire/ -- Timothy S. Durham, a major stockholder of CLST Holdings, Inc., formerly known as CellStar Corporation, (OTC Pink Sheets: CLST) (the "Company"), has delivered notice to the Company of his intention to nominate the following individuals for election as directors of the Company at the Company's annual meeting of stockholders scheduled for July 31, 2007:
(1) Robert A. Kaiser as the Class I director for a term of one year;
(2) Manoj Rajegowda as the Class II director for a term of two years; and
(3) Timothy S. Durham as the Class III director for a term of three years.
Mr. Durham has filed a preliminary proxy statement with regard to his nominees with the Securities and Exchange Commission.
THIS PRESS RELEASE IS NOT A SOLICITATION OF OR REQUEST FOR PROXIES.
SECURITY HOLDERS ARE ADVISED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER DOCUMENTS RELATED TO ANY SOLICITATION OF PROXIES BY MR. DURHAM AND HIS AFFILIATES FROM THE STOCKHOLDERS FOR USE AT ANY ANNUAL MEETING WHEN AND IF THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION, INCLUDING INFORMATION RELATING TO THE PARTICIPANTS IN ANY SUCH PROXY SOLICITATION. WHEN AND IF COMPLETED, A DEFINITIVE PROXY STATEMENT AND A FORM OF PROXY WILL BE MADE AVAILABLE TO STOCKHOLDERS OF CLST HOLDINGS, INC., AND WILL BE AVAILABLE AT NO CHARGE AT THE SECURITIES AND EXCHANGE COMMISSION'S WEBSITE AT http://www.sec.gov/.
Obsidian Enterprises, Inc.
CONTACT: Timothy Durham, CEO of Obsidian Enterprises, Inc.,
+1-317-237-4055, tsdurham@msn.com
QUALCOMM Honors Winners of the BREW Developer Awards at BREW 2007 Conference- Awards Include New Category - Best Public Service -
SAN DIEGO, June 22 /PRNewswire-FirstCall/ -- QUALCOMM Incorporated , a leading developer and innovator of advanced wireless technologies and mobile data solutions, today announced the winners of the BREW 2007 Developer Awards, a program that honors and promotes innovative mobile applications and services created by publishers and developers from around the world. The BREW 2007 Developer Awards are sponsored by Telecom Italia through its mobile unit TIM, the largest wireless operator in Italy. The program featured eight award categories for commercial and pre-commercial BREW applications and services that represent the best and brightest in wireless data innovation, including the People's Choice category, in which conference attendees determined the winner by voting for their favorite developer from a list of finalists. The winners were revealed during ceremonies at the BREW 2007 Conference, held June 20 - 22 at the Manchester Grand Hyatt in San Diego.
New for the BREW 2007 Developer Awards, the Best Public Service Application category honored BREW applications created to strengthen the economic and social development of underserved communities across the globe through the use of 3G wireless technology. The Best Community Application category also was updated to include BREW applications designed to encourage social networking or improve communications, such as blogging, e-mail, instant messaging or image sharing.
QUALCOMM congratulates the BREW 2007 Developer Awards winners:
-- Best Up and Coming Application: EZ Josyuseki Navi by KDDI Corporation
and NAVITIME Japan Co. Ltd. (Japan)
-- Best Public Service Application: Wireless Emergency Command System
(Kingeye) by Xi'an Kingtone Information Technology Co. Ltd. (China)
-- Best Business or Productivity Application: Celltop by Alltel Wireless
(U.S.)
-- Best Location-Based Service Application: BiM Active by Bones in Motion
(U.S.)
-- Best Community Application: JuiceCaster by Juice Wireless (U.S.)
-- Best Entertainment Application: NBA AirPlay Live by AirPlay Network
(U.S.)
-- Best Game Application: Brothers in Arms 3D by Gameloft (France)
-- People's Choice Award: Celltop by Alltel Wireless (U.S.)
"Every year, QUALCOMM aims to evolve the BREW Developer Awards, challenging our BREW publishers and developers to present their best wireless content for evaluation, and each year this growing community exceeds our expectations in terms of the number of innovative entries and the quality of the submitted applications," said Mitch Oliver, vice president of solutions and marketing for QUALCOMM Internet Services. "This year was no different, and we are truly impressed by how applications and services from BREW publishers and developers are making positive changes in all aspects of people's lives, from social networking to traveling from place to place. We are especially proud of the public service applications, as wireless is now poised to provide meaningful help to those most in need."
"TIM is proud to sponsor the BREW 2007 Developer Awards, a program designed to highlight a wide range of content from around the world," said Leopoldo Tranquilli, vice president of handset and SIM card development for TIM. "TIM is committed to evaluating the integration and adoption of the latest in mobile content and services, which the BREW Developer Awards finalists and winners provide. We applaud the winners and wish them the best in continuing to push the boundaries of how people around the world use wireless devices."
Finalists and winners of the BREW Developer Awards were judged by a panel of international industry experts. Each application was evaluated based on criteria such as ease of use, originality, capability and overall "wow factor." For more information on the BREW 2007 Conference, please visit: http://www.brew2007.com/
BREW solutions change the way people relate to wireless data services. By enabling the discovery and delivery of high-value content, BREW creates opportunities for the wireless industry to enhance consumers' mobile data experience. QUALCOMM's comprehensive and targeted BREW Signature Solutions offer reduced time to market and lower capital investment for companies providing mobile products and services. Customers also can benefit from several modular BREW offerings, including uiOne(TM), deliveryOne(TM) and QPoint(TM), which provide the foundation for customer-differentiated wireless data capabilities.
QUALCOMM Incorporated (http://www.qualcomm.com/) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2007 FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM.
QUALCOMM and BREW are registered trademarks of QUALCOMM Incorporated. uiOne, deliveryOne and QPoint are trademarks of QUALCOMM Incorporated. All other trademarks are the property of their respective owners.
QUALCOMM Contacts:
Chris Grandis, QUALCOMM Internet Services
Phone: 1-858-651-6022
Email: qis-pr@qualcomm.com
Emily Kilpatrick, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Gilbert, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
QUALCOMM Incorporated
CONTACT: Chris Grandis, QUALCOMM Internet Services, +1-858-651-6022,
qis-pr@qualcomm.com, or Emily Kilpatrick, Corporate Communications,
+1-858-845-5959, corpcomm@qualcomm.com, or John Gilbert, Investor Relations,
+1-858-658-4813, ir@qualcomm.com, all of QUALCOMM
Web site: http://www.qualcomm.com/
http://www.brew2007.com/
Wesley A. Jackson to Step Down as Leader of Belo Interactive MediaJackson Will Continue to Play an Advisory Role
DALLAS, June 22 /PRNewswire-FirstCall/ -- Belo Corp. announced today that Wesley A. "Wes" Jackson, president/General Manager of Belo Interactive Media, plans to step down from his role effective September 1, 2007. Jackson's decision stems from a desire to relocate closer to family in his hometown of Louisville, Kentucky. Jackson, who was elevated to his current position in March 2007, will continue to assist the Company in an advisory role.
Jackson joined Belo Interactive in June 2000 as vice president/Advertising Sales. He served as vice president/General Manager of Belo Interactive Media from January 2005 until he was elevated to senior vice president/General Manager of Belo Interactive Media in January 2006. Jackson was most recently promoted to president/General Manager of Belo Interactive Media and named a senior vice president of Belo Corp.
"Belo is actively positioning its assets to embrace digital opportunities and I am honored to have participated in those efforts. The recently announced second phase of the Yahoo! partnership is another indicator of the long-term foundation for success Belo is pursuing," said Jackson. "I am pleased to stay engaged in facilitating digital growth at Belo and also look forward to building new business opportunities from my hometown in Louisville."
Donald F. "Skip" Cass, Belo's executive vice president to whom Jackson reports, said, "Wes Jackson is an incredible talent whose contributions over the past seven years will have a lasting impact on Belo's online business. We're disappointed that he will no longer be with Belo in a full-time capacity, but are pleased he will continue to serve in an advisory role."
Jackson was instrumental in bringing Belo into Classified Ventures, LLC, which has developed various online classified products including Cars.com, and championing new products, such as a permission e-mail program. In addition, Jackson played a leading role on behalf of Belo and other Newspaper Consortium members in the recently announced agreement with Yahoo!. Jackson will continue to represent Belo in all Consortium-related negotiations with Yahoo! following his departure from day-to-day activities with Belo in September.
Belo Interactive Media focuses on interactive strategies that extend its core franchises to new media and audiences. Belo operates more than 30 Web sites, interactive alliances and partnerships, and a broad range of Internet-based products and services. In the first quarter of 2007, Belo's network of news and information Web sites averaged more than 7 million unique visitors and more than 145 million page views each month.
About Belo
Belo Corp. is one of the nation's largest media companies with a diversified group of market-leading television, newspaper, cable and interactive media assets. A Fortune 1000 company with 7,100 employees and $1.6 billion in annual revenues, Belo operates in some of America's most dynamic markets in Texas, the Northwest, the Southwest, the Mid-Atlantic and Rhode Island. Belo owns 20 television stations, six of which are in the 15 largest U.S. broadcast markets. The Company also owns or operates seven cable news channels and manages one television station through a local marketing agreement. Belo's daily newspapers are The Dallas Morning News, The Providence Journal, The Press-Enterprise (Riverside, CA) and the Denton Record-Chronicle (Denton, TX). The Company also publishes specialty publications targeting young adults, and the fast-growing Hispanic market, including Quick and Al Dia in Dallas/Fort Worth, and El D and La Prensa in Riverside. Belo operates more than 30 Web sites associated with its operating companies. Additional information is available at http://www.belo.com/ or by contacting Carey Hendrickson, vice president/Investor Relations & Corporate Communications, at 214-977-6626.
Belo Corp.
CONTACT: Carey Hendrickson, vice president/Investor Relations &
Corporate Communications of Belo Corp., +1-214-977-6626
Web site: http://www.belo.com/
Top Analyst Firm Positions EMC in Leaders Quadrant for Information Storage Services
HOPKINTON, Mass., June 22 /PRNewswire/ -- EMC Corporation , the world leader in information infrastructure solutions, today announced that it has been positioned by Gartner, Inc. in the "Leaders" quadrant of the "Magic Quadrant for Storage Services, 2Q07" report.(1) Gartner Inc.'s Magic Quadrant positioned EMC based on its completeness of vision and ability to execute. According to the Gartner report, "leaders are performing well today, have a clear vision of market direction, and are actively building competencies to sustain their leadership position in the market."
The full report, including EMC's position in the "Leaders" quadrant, can be viewed at http://www.emc.com/news/analyst/magic_quadrant/.
Howard Elias, EMC Executive Vice President of EMC Global Services, said, "We believe today's announcement builds on the success and recognition EMC has achieved as a leading provider of information management and storage services. Our customers recognize and value EMC Global Services as a trusted organization that can help them get the most value out of their corporate information and help them build a resilient, cost-effective information infrastructure. We will continue to develop and deliver comprehensive professional and support services that address the complete range of customer requirements, from aligning IT strategies with business objectives to implementing, managing, and maintaining a dynamic information infrastructure."
The EMC Global Services organization helps customers around the world get the maximum value out of their information strategies through 10,000 skilled information-focused professionals providing consulting, implementation, integration, solution, education, management, and support services. More information can be found at http://www.emc.com/services.
Magic Quadrant Disclaimer
The Magic Quadrant is copyrighted 2007 by Gartner Inc. and is reused with permission, which permission should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner Inc.'s opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Gartner does not advise enterprises to select only those firms in the "Leaders" quadrant. In some situations, firms in the Visionary, Challenger, or Niche Player quadrants may be the right matches for an enterprise's requirements. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner research is intended to be one of many information sources including other published information and direct analyst interaction. Gartner Inc. expressly disclaims all warranties, express or implied, of fitness of this research for a particular purpose.
(1) Gartner Magic Quadrant for Storage Service, Q2 2007, by Adam W.
Couture and Robert E. Passmore
About EMC
EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.emc.com/.
EMC is a registered trademark of EMC Corporation. Other trademarks are the property of their respective owners.
CONTACT: Michael Gallant
508-293-6357
gallant_michael@emc.com
EMC Corporation
CONTACT: Michael Gallant of EMC Corporation, +1-508-293-6357,
gallant_michael@emc.com
Web site: http://www.emc.com/
Best-Selling Author Dr. Stephen Covey Gives Small-Business Owners Tips on Empowering WorkersKey to success includes taking a team approach, inspiring trust and unleashing potential.
REDMOND, Wash., June 22 /PRNewswire-FirstCall/ -- What: Starting and maintaining a small business is not easy. All good entrepreneurs know they are only as strong as their team. The author of "The 8th Habit: From Effectiveness to Greatness," Dr. Stephen Covey, recently offered small-business owners advice on how to take their business to the next level through empowering employees and providing the proper management tools.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
The tips, which are part of a free Microsoft(R) Office Live Web Seminar Series, give small-business owners helpful advice and insights on topics critical to success.
Dr. Covey provides the following advice on how to empower employees:
1. Define a purpose. Ensure everyone in an organization understands his or
her role and responsibilities. Clearly articulate to employees why
their work is important and set expectations ahead of time.
2. Promote teamwork. When employees are given a chance to contribute
ideas, better solutions emerge. Teamwork is best recognized in a
culture where everyone's voice is heard.
3. Find and inspire trust in others. By recognizing everyone's
contributions to the team, dividing up tasks becomes simple. Understand
that every member of a team brings valuable experience. By harnessing
that experience, employees begin to feel ownership.
4. Unleash potential. While policies and procedures are important,
following the rules too closely can lead to stifled ideas. Some of the
best ideas come from new ways of thinking.
5. Understanding your employee's needs. To a leader, the growth of a staff
is integral to the growth of the business. When a leader understands
their dreams and aspirations, employees feel that they are being heard.
6. Provide recognition. As a leader, communicate worth and potential so
employees can do their best work. Recognize employees for a job well
done.
Where: Dr. Covey's entire seminar is available in the Office Live Seminars archives, which can be found at http://www.officeliveseminars.com/.
Who: Dr. Covey has taught leadership principles and management skills for more than 25 years to leaders in business, government and education. His consulting portfolio contains more than 150 of the Fortune 500 companies, as well as thousands of midsize and smaller organizations. He is the author of several books and numerous articles on leadership, personal and organizational effectiveness, and family and interpersonal relationships. His book, "The 7 Habits of Highly Effective People," was No. 1 on The New York Times best-sellers list with more than 1.5 million copies sold. The tips above stem from his recent book, "The 8th Habit: From Effectiveness to Greatness."
For more information: Knowing that most small businesses often have limited resources, Microsoft Office Live is sponsoring the free Microsoft Office Live Web Seminar Series. Microsoft Office Live is a set of Internet-based services and tools to help small businesses establish a professional Web presence and promote their business online.
This series gives entrepreneurs access to some of the most dynamic business leaders through interactive Web seminars that give practical advice on the hottest topics facing small businesses today, such as marketing on a budget, starting a new business and franchising. The series is hosted by Susan Wilson Solovic, CEO and chairman of SBTV.com, a Web-based television network focused on small business.
About Microsoft Office Live: Microsoft Office Live is a complete, affordable set of easy-to-use Internet-based software and services that helps small businesses attract new customers, keep in touch with existing customers and easily manage their business from any location. By combining the power of software plus services, Office Live helps small businesses establish a professional Web presence, stay in touch with their customers, and easily access company information from one complete online location. More information is available at http://www.officelive.com/.
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: Ana Tackett, +1-425-638-7000, anat@waggeneredstrom.com, or
Rapid Response Team +1-503-443-7070, rrt@waggeneredstrom.com, both of Waggener
Edstrom Worldwide, for Microsoft
Web site: http://www.microsoft.com/
http://www.officelive.com/
LodgeNet to Present Internet Protocol Television (IPTV) Solution at HITEC 2007 in OrlandoVideo on demand capability, interactive program guide highlight LodgeNet's innovative single-network solution
SIOUX FALLS, S.D., June 22 /PRNewswire-FirstCall/ -- LodgeNet Entertainment Corporation will showcase its IPTV (Internet Protocol TV) solution June 26-28 at HITEC 2007 in Orlando, FL.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000310/LODGELOGO)
IPTV involves transmitting video entertainment and information over an IP network within the hotel property. LodgeNet's complete, integrated IPTV solution utilizes the capabilities of high-speed Internet access (HSIA) and video on demand (VOD) servers along with commercial networking equipment to connect, inform and entertain guests through the in-room television as well as their own laptops and other portable media devices.
The LodgeNet IPTV solution provides the option of including an interactive program guide that displays scheduling for up to 6 hours of programming. The new LodgeNet IP solution has a similar look and feel to its industry-leading sigNETure HDTV(SM) platform to support a consistent guest experience for brands across hotels with different platforms. This feature will help hoteliers meet the expectations of travelers who enjoy similar convenience and control from their home cable or satellite providers.
LodgeNet's IPTV solution will be featured in Booth 961 at the Orange County Convention Center.
About LodgeNet
LodgeNet Entertainment Corporation is the leading provider of media and connectivity services designed to meet the unique needs of hospitality, healthcare and other visitor and guest-based businesses. LodgeNet serves more than 1.8 million hotel rooms representing 9,300 hotel properties worldwide in addition to healthcare facilities throughout the United States. LodgeNet's services include on demand movies, games, television programming, music and information, along with subscription sports programming and high-speed Internet access. LodgeNet Entertainment Corporation owns and operates businesses under the industry leading brands: LodgeNet, LodgeNetRX, On Command and StayOnline. LodgeNet is listed on NASDAQ and trades under the symbol LNET. For more information, please visit http://www.lodgenet.com/.
LodgeNet and the LodgeNet logo are registered trademarks of LodgeNet Entertainment Corporation.
Photo: http://www.newscom.com/cgi-bin/prnh/20000310/LODGELOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
LodgeNet Entertainment Corporation
CONTACT: Ann Parker, Director, Investor Relations of LodgeNet
Entertainment Corporation, +1-605-988-1000, ann.parker@lodgenet.com
Web site: http://www.lodgenet.com/
LodgeNet Announces Special Bundled Offer to Qualified Customers for High-Speed Internet AccessProviding a 'Complete Solution' That Combines LodgeNet Video on Demand and LodgeNet StayOnline High-Speed InternetBundled Offer to be Featured at HITEC 2007 in Orlando, FL
SIOUX FALLS, S.D. June 22 /PRNewswire-FirstCall/ -- LodgeNet Entertainment Corporation announced today that qualified hotel properties are eligible to receive a special savings on their high-speed Internet support fees. As a single source for interactive TV and broadband solutions, LodgeNet is offering a savings to qualified properties when LodgeNet video on demand (VOD) and LodgeNet StayOnline high-speed Internet access (HSIA) systems are installed or their current service is extended.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000310/LODGELOGO)
"With these savings on HSIA support and the convenience of streamlined interactive entertainment from LodgeNet, hoteliers can maximize TV and HSIA uptime and experience consistency across multiple solution platforms," said Antonio DiMilia, President of LodgeNet StayOnline.
The company's Guest Pay/HSIA Bundled Offer integrates opportunities for hoteliers to sell their services and support their marketing and promotions efforts through the guest room television as well as guests' laptop computers. Along with revenue and marketing opportunities, contracted properties will experience LodgeNet's commitment to service and support through a 24x7, toll-free contact center for guests and hotel staff. LodgeNet also offers on-site support from its network of more than 450 employee-based field service technicians.
Attendees of HITEC 2007 are invited to learn more about LodgeNet's Guest Pay/HSIA Bundled Offer in the LodgeNet booth (#961) or the LodgeNet StayOnline booth (#1061) at the Orange County Convention Center in Orlando, June 26-28.
About LodgeNet
LodgeNet Entertainment Corporation is the leading provider of media and connectivity services designed to meet the unique needs of hospitality, healthcare and other visitor and guest-based businesses. LodgeNet serves more than 1.8 million hotel rooms representing 9,300 hotel properties worldwide in addition to healthcare facilities throughout the United States. LodgeNet's services include on demand movies, games, television programming, music and information, along with subscription sports programming and high-speed Internet access. LodgeNet Entertainment Corporation owns and operates businesses under the industry leading brands: LodgeNet, LodgeNetRX, On Command and StayOnline. LodgeNet is listed on NASDAQ and trades under the symbol LNET. For more information, please visit http://www.lodgenet.com/.
The LodgeNet and StayOnline names are registered trademarks of LodgeNet Entertainment Corporation.
Photo: http://www.newscom.com/cgi-bin/prnh/20000310/LODGELOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
LodgeNet Entertainment Corporation
CONTACT: Ann Parker, Director of Investor Relations, LodgeNet
Entertainment Corporation, +1-605-988-1000, ann.parker@lodgenet.com
Web site: http://www.lodgenet.com/
Magplane Technology, Inc. Launches New Comprehensive Corporate Website
BEDFORD, Mass., June 22 /PRNewswire-FirstCall/ -- Magplane Technology, Inc. , focused on commercializing proprietary magnetic levitation (maglev) technologies, is pleased to announce the launch of its new corporate website at http://www.magplane.com/. The site offers detailed information including white papers and global business development initiatives for Magplane's maglev technologies.
The home page features videos demonstrating how maglev is used in the transportation of people and goods via the Magplane Passenger System and Pipeline System, respectively. The website also contains expanded corporate and investor relations information accessible in a more user-friendly layout. The Investor Relations section will be continually updated to feature the latest company news, SEC filings and stock information.
Chief Financial Officer, Jason Mill stated, "The enhanced website provides new information about our pipeline technology that is being deployed in Inner Mongolia. We encourage anyone interested in maglev to visit the site and learn more about our pipeline and passenger systems and we will keep investors up to date on our progress in China on the news page."
About Magplane Technology, Inc.
Founded by a group of MIT engineers, Magplane Technology, Inc. (MTI) is the developer of the Magplane system, an innovative magnetic levitation (maglev) transportation system that offers significant advancements over other high-speed trains and light-rail transit systems. Magplanes can achieve speeds up to 500 km/hour for inter-city travel and nearly silent operation for urban mass transit systems. The Magplane system has also been adapted for use in a unique pipeline application that can reduce the cost and pollution from diesel trucks used in transporting material from mining operations. Most recently, Magplane signed agreements with Inner Mongolia initially worth $80 Million to build commercial pipeline infrastructure for transporting the region's coal production.
For more information, visit http://www.magplane.com/.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such proclamations about the Company's future expectations, including future revenues and earnings, technology effectiveness and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
CONTACT:
For Investor Relations
Rick McCaffrey
OTC Financial Network
781-444-6100x621
rick@otcfn.com
http://www.otcfn.com/magp
At the Company
Jason Mill
Magplane Technology, Inc.
mill@magplane.com
Magplane Technology, Inc.
CONTACT: Jason Mill of Magplane Technology, Inc., mill@magplane.com; or
Rick McCaffrey of OTC Financial Network, +1-781-444-6100x621, rick@otcfn.com,
for Magplane Technology, Inc.
Web site: http://www.magplane.com/
Upgraded FourthShift Edition Represents Architectural Shift for Better Integration With SAP ProductsVersion 8.5 Enables More Efficient Integration with SAP Business One and Other Business One Add-Ons
MINNEAPOLIS, June 22 /PRNewswire-FirstCall/ -- SoftBrands, Inc. , a global supplier of enterprise application software and an ISV partner of SAP AG, today released version 8.5 of its manufacturing enterprise management software, FourthShift Edition for SAP Business One. With this upgrade, FourthShift Edition for SAP Business One takes greater advantage of the inventory and business management functionality that are at the core of SAP Business One, allowing for quicker development and implementation of new functions and tools for manufacturers.
FourthShift Edition for SAP Business One version 8.5 also represents an architectural shift in the ERP system, one that opens the door for SAP Business One partners and customers to add FourthShift Edition to existing SAP Business One implementations that need more manufacturing and inventory management capabilities than native SAP Business One provides.
Finally, version 8.5 also allows for easier integration of SAP Business One add-on enhancements, such as warehouse management, offered through other ISVs that rely on SAP Business One's native inventory management functions.
"FourthShift Edition 8.5 is built to rely on the natural strengths of SAP Business One, which lets us focus on more quickly developing and delivering the specific manufacturing functionality our customers need," said Diane Palmquist, vice president of SAP products at SoftBrands.
FourthShift Edition for SAP Business One combines strong manufacturing functionality with the strength and security of SAP, the worldwide leader in business software solutions. FourthShift Edition provides small and midsize companies with an affordable, easy to use solution that meets the needs of independent manufacturers and subsidiaries of large organizations that want to standardize on SAP-centric solutions. SoftBrands designed FourthShift Edition to address the needs of manufacturers in nine specific industries: food and beverage, chemicals, medical devices, electronics, semiconductors, pharmaceuticals, rubber and plastics, industrial machinery, and automotive.
"As SAP Business One develops and matures, we have to adjust our approach to complementing it with our specific manufacturing expertise," Palmquist said. "This new version of FourthShift Edition is a great fit for manufacturing businesses with an eye toward the future and the desire to build an agile enterprise."
About SoftBrands Manufacturing
Since 1984, SoftBrands has been providing manufacturers with state-of-the-art, easy-to-use ERP software to increase productivity and improve profitability. The strategic partnership with SAP and FourthShift Edition for SAP Business One are providing new opportunities for growth. FourthShift Edition combines strong manufacturing functionality with the strength and security of SAP, the worldwide leader in business software solutions. Manufacturers around the world rely on SoftBrands to keep their operations running efficiently and effectively.
About SoftBrands
SoftBrands, Inc., is a leader in providing software solutions for businesses in the manufacturing and hospitality industries worldwide. The company has established a global infrastructure for distribution, development and support of enterprise software, and has approximately 5,000 customers in more than 100 countries actively using its manufacturing and hospitality products. SoftBrands, which has approximately 825 employees, is headquartered in Minneapolis, Minn., with branch offices in Europe, India, Asia, Australia and Africa. Additional information can be found at http://www.softbrands.com/.
Contact:
Mark Palony
612-851-1500
mark.palony@softbrands.com
SoftBrands Manufacturing
CONTACT: Mark Palony of SoftBrands Manufacturing, +1-612-851-1500,
mark.palony@softbrands.com
Web site: http://www.softbrands.com/
Chautauqua County Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Calling, Data Access, and Music
JAMESTOWN, N.Y., June 22 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Chautauqua County, Verizon Wireless has expanded its network with a new cell site in Mina. The new site improves coverage and capacity along Route 86 from Ashton to Cemetery Road, and along Route 426 from Greenman Road to Lakeview Road
This network expansion is part of the company's aggressive multi-billion dollar network investment each year (more than $1 billion every 90 days) to stay ahead of the growing demand for Verizon Wireless voice and data services. Verizon Wireless has invested $39 billion in the last seven years -- more than $5 billion on average every year since the company was formed -- to increase coverage and capacity, and to offer customers the most reliable service available in the nation, including wireless data services such as picture messaging, text messaging, and wireless Internet access. NationalAccess, the company's national high-speed wireless data network, provides wireless Internet access at speeds between 60 and 80 kbps, with bursts up to 144 kbps.
Strong demand for Verizon Wireless services continued during the first quarter of 2007 as the company added 1.6 million net new customers. Verizon Wireless is the leader in wireless customer loyalty, posting a record-breaking low retail customer turnover rate of 1.08% in the first quarter, well below the rate reported by the other major wireless carriers.
The company's 'nation's most reliable wireless network' reputation is based on network studies performed by real-life test men and test women throughout the country who inspired the "Can you hear me now" national advertising campaign. These engineers drive nearly 100 specially equipped vehicles over 240,000 miles on average each quarter on Interstate, US and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 750,000 voice call attempts and more than four million data tests annually on Verizon Wireless' network and the networks of other carriers.
Verizon Wireless recently introduced its 30-day Test Drive, an industry first that lets customers experience its network virtually risk-free for 30 days. If customers are not satisfied with their experience and take their number to another carrier, Verizon Wireless will refund their money for calls, equipment, activation fee and taxes. For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 60.7 million customers. The largest US wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, NJ, with 66,000 employees nationwide. The company is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: John O'Malley of Verizon Wireless, +1-585-321-7264, or +1-585-
261-5899, or john.omalley@verizonwireless.com; or Meredith Dropkin for Verizon
Wireless, +1-315-233-3000, or meredithd@mragroup.com
Web site: http://www.verizonwireless.com/
http://www.verizonwireless.com/multimedia
Vodafone Portugal Selects Alcatel-Lucent DSL Network SolutionVodafone Portugal's first wireline broadband network will support expansion strategy
PARIS, June 22 /PRNewswire-FirstCall/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced it has been selected by Vodafone Portugal for the implementation of a triple play-capable network solution to provide DSL- based services. In the first phase of the three-year frame agreement, Vodafone Portugal will leverage the Alcatel-Lucent solution to provide high quality broadband services including high speed Internet and voice to residential customers, in what is the first wireline broadband network for the operator.
Vodafone Portugal has deployed Alcatel-Lucent's TPSDA (triple play service delivery architecture) that combines access and subscriber service delivery into an integrated DSL solution, as well as its next generation converged solutions. The Alcatel-Lucent TPSDA will enable Vodafone Portugal to deliver on its customers' total communications needs by complementing its existing mobile services portfolio with wireline-based high quality interactive services.
"Implementing a DSL network based on state of the art broadband and converged solutions was key to adapt our offerings to meet changing and more demanding customer needs," said Miguel Martins, Vodafone Portugal's Chief Technology Officer. "At Vodafone Portugal, we are committed to offering our customers over-the-top communication experiences. For this we rely on Alcatel- Lucent's experience and leadership in the wireline and convergence markets to deliver the highest quality, most advanced DSL services to our customers."
"Being able to provide the network framework, technology elements and global deployment expertise to help Vodafone Portugal realize its strategic vision for market growth and network transformation is of particular importance to Alcatel-Lucent," said Olivier Picard, President of Alcatel- Lucent's Europe & South activities. "The frame agreement confirms Alcatel- Lucent as the partner of choice for operators in their strategic transformation projects."
Alcatel-Lucent has supplied its Intelligent Services Access Manager (the industry's most deployed IP access platform for triple play), and its Network Analyser and Home Network Management solution (for the management of devices deployed in customer homes and businesses). It has also deployed its next generation Service Router along with the Service Aware Manager and the Access Gateway Controller.
Alcatel-Lucent has unparalleled experience in the deployment of end-to end-triple play network transformation projects worldwide and is currently involved in more than 40 triple play projects and more than 40 network transformation projects worldwide. In addition to voice and data services, Alcatel-Lucent's innovative and interactive Triple Play/IPTV applications enable the use of a TV set connected over the broadband network as a unique device for blending entertainment and communication (including TV, Video-on- Demand, web browsing, communication control, interactive voting, user generated content and media share).
Alcatel-Lucent is the uncontested market leader in broadband access with more than 133 million DSL lines shipped to date and a 41% market share according to industry analyst firm Dell'Oro. According to Ovum-RHK, Alcatel- Lucent was #2 in the IP/MPLS Edge market segment in Q4 2006, with 19% market share.
About Alcatel-Lucent
Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications, and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved adjusted proforma revenues of Euro 18.3 billion in 2006 and is incorporated in France, with executive offices located in Paris. [All figures exclude impact of activities transferred to Thales]. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com/
Alcatel-Lucent
CONTACT: Press, Dick Muldoon (North America), +1-908-582-1616,
rpmuldoon@alcatel-lucent.com, or Investor Relations, John DeBono (North
America), +1-908-582-7793, debono@alcatel-lucent.com, both of Alcatel-Lucent
Web site: http://www.alcatel-lucent.com/
New Facility Will Employ More Than 200 Individuals With Capacity To Grow
ENFIELD, Conn., June 22 /PRNewswire-FirstCall/ -- Governor M. Jodi Rell and state and local officials today joined Comcast to celebrate the official grand-opening of the company's second call center in Connecticut. By the end of the year, the new 77,000 square foot facility will employ more than 200 customer care representatives, who will help meet the growing customer demand for Comcast's cable television, high-speed Internet and phone products.
"We are thrilled that Comcast made the business decision to invest in our state and create over 200 jobs in the process. This new facility underscores the fact that Connecticut is open to business and has the talented workforce to fuel business growth," said Governor Rell. "Comcast is a valued member of Connecticut's business community, and their expanded presence in our state will have a positive impact on the local and state economies."
"I'm proud of the fact that the Department of Economic and Community Development works with companies like Comcast to grow and expand in Connecticut," said Joan McDonald, Economic and Community Development Commissioner. "We are happy to be a partner in Comcast's success."
Doug Guthrie, Vice President for Comcast's Connecticut-Western Massachusetts Region, thanked Governor Rell, the Town of Enfield and other state and local officials for their support. Guthrie noted that between the two call centers and 14 service centers located throughout the state, Comcast employs more than 1,100 individuals in Connecticut. He said that the new facility gives Comcast the capacity to add up to approximately 350 positions in the next few years as it continues to grow its business. In addition to the two Connecticut call centers, Comcast operates six other call centers in New England.
"Governor Rell and the Department of Economic and Community Development have been instrumental in Comcast's efforts to expand our operations in the state of Connecticut as we strive to meet the strong customer demand for our innovative products and services," said Guthrie. "Comcast's recipe for success starts with delivering a top-notch customer experience, and that includes locating our call centers in and around communities where our customers live and work."
Prior to the transition to Comcast, Adelphia/Tele-Media customer calls were entirely outsourced to other parts of the country, a trend that Comcast has reversed to ensure better service.
Guthrie added that the opening of the new call center coincides with the completed launch of Comcast Digital Voice, the company's innovative residential phone service, which is now available in every Connecticut community in which Comcast provides service, including those previously served by Adelphia/Tele-Media. With phone service offered throughout the state, Comcast's Triple Play bundle of Digital Cable with ON DEMAND, Comcast High- Speed Internet and Comcast Digital Voice is also available to customers throughout the company's footprint.
The Triple Play bundle is an increasingly popular option, offering customers all three products for $33 each for 12 months when they subscribe to all three. In addition to the product benefits, the Triple Play provides customers the convenience of one bill, one customer service point of contact and one installation visit to the home.
For more information on Comcast's products and services, customers can call 1-800-COMCAST or visit http://www.comcast.com/.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA; CMCSK) (http://www.comcast.com/) is the nation's leading provider of cable, entertainment and communications products and services. With 24.2 million cable customers, 12.1 million high-speed Internet customers, and 3.0 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.
Comcast's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, VERSUS, G4, AZN Television, PBS KIDS Sprout, TV One, Comcast SportsNet and Comcast Interactive Media, which develops and operates Comcast's Internet business. Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.
Comcast's New England regions serve 2.6 million customers in Massachusetts, New Hampshire, Vermont, Maine, Connecticut and New York and employ nearly 7,000 individuals.
Comcast Corporation
CONTACT: Kristen Roberts of Comcast Corporation, +1-860-505-2075,
kristen_roberts@cable.comcast.com
Web site: http://www.mediaone.com/
http://www.comcast.com/
Next Inning Technology Updates Outlooks for SiRF Technology, Microvision, and PMC-Sierra
PRINCETON, N.J., June 22 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), a subscription service focused on semiconductor and technology stocks, announced it has published updated outlooks for SiRF Technology , Microvision , and PMC-Sierra .
During their 21-day risk-free trial, new members will receive full access to the Next Inning web site including a recently published 14 page report providing detailed analysis of worldwide semiconductor sales: https://www.nextinning.com/subscribe/index.php?refer=prn499
In a report on SiRF's purchase of Centrality, editor Paul McWilliams wrote: "While many of the parameters of the deal were not disclosed, SiRF was emphatic that it paid a lower multiple for Centrality than Broadcom did for Global Locate. SiRF was also clear that it expects the acquisition to be accretive to profits starting in Q1 2008. That, in and of itself, tells us that Centrality has a rich design base and an impressive revenue forecast..."
McWilliams also looks at these topics:
-- Will SiRF's purchase of Centrality enable it to better compete against larger rivals in the GPS space? What does Centrality bring to SiRF's business?
-- What does Microvision's decision to exercise its right to call in its publicly traded warrants mean for investors? Will the move place a limit on future upside potential for the stock?
-- Should investors be concerned about PMC-Sierra's removal from the S&P 500? Is McWilliams enthusiastic about PMC-Sierra's potential as a supplier into telecom and IT applications?
Founded in September 2002, Next Inning's model portfolio has returned 284% since its inception versus 101% for the Nasdaq.
About Next Inning:
Next Inning is a subscription financial newsletter focused on technology stocks. Editor Paul McWilliams is a 20+-year industry veteran.
NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
CONTACT: Marcie Martin Next Inning Technology Research, +1-888-278-5515
Indie Research Advisors, LLC
CONTACT: Marcie Martin of Next Inning Technology Research,
+1-888-278-5515
Web site: http://www.nextinning.com/
https://www.nextinning.com/subscribe/index.php?refer=prn499
Progress Software Honors Epicor(R) With Visionary AwardEpicor Recognized for Technical Vision and Ability to Execute in Delivering Innovative Enterprise Software Solutions to Global Manufacturers
IRVINE, Calif., June 22 /PRNewswire-FirstCall/ -- Epicor Software Corporation , a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, was recently honored to receive the "Progress(R) Visionary Award" from Progress Software Corporation , a global supplier of application infrastructure software used to develop, deploy, integrate and manage business applications.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040615/LATU008LOGO)
The Progress Software Application Partner Awards -- held in Dallas, Texas -- celebrate the work and efforts of the Progress Application Partner Community by recognizing members for their vision, collaborative spirit and contributions to the Progress community, as well as their achievements in the marketplace. By leveraging Progress partner programs designed to help Application Partners (APs) transform their applications, companies are able to take advantage of the latest technologies and capabilities and competitively position themselves for even greater market success and profitability.
"It is an honor to be recognized with the Progress Visionary Award," said Mark Duffell, president and chief operating officer of Epicor. "The award further validates our accomplishments in delivering global enterprise solutions, leveraging innovative technology, that enable our customers around the world to streamline processes, increase efficiency and achieve growth."
The Progress Visionary Award goes to partners taking advantage of the flexibility of Progress technology to improve their competitiveness in their marketplaces. This award recognizes Epicor for its technical vision as well as its ability to execute -- leveraging both the Progress OpenEdge(R) platform and Microsoft .NET, Epicor delivered the industry's first enterprise manufacturing solution based on a flexible service-oriented architecture (SOA) and delivering greater business agility. The solution, Epicor Vantage(R), surpassed the 1000th customer mark in October 2006, demonstrating its market success and customer acceptance.
This is the fifth consecutive year that Epicor has received an award from Progress for its demonstrated success and ability to stay ahead of industry demands using the latest Progress technology. "Epicor continues to stay on the forefront of innovation leveraging cutting-edge technologies to deliver the most value to its global manufacturing customers," said Diane Albano, Vice President of Americas Operations for Progress. "We are pleased to once again recognize Epicor for the success they've achieved employing the OpenEdge Platform as an important component in their SOA strategy."
About Progress Software Corporation
Progress Software Corporation provides application infrastructure software for the development, deployment, integration and management of business applications. Our goal is to maximize the benefits of information technology while minimizing its complexity and total cost of ownership. Progress can be reached at http://www.progress.com/ or +1-781-280-4000.
About Epicor Software Corporation
Epicor, named one of FORTUNE magazine's 100 Fastest-Growing Companies in 2006, is a global leader dedicated to providing integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and professional services automation (PSA) software solutions to midmarket companies and divisions of the Global 1000. Founded in 1984, Epicor serves over 20,000 customers in more than 140 countries, providing solutions in over 30 languages. Employing innovative service-oriented architecture (SOA) and Web services technology, Epicor delivers end-to-end, industry-specific solutions for manufacturing, distribution, retail, hospitality and services that enable companies to drive increased efficiency, improve performance and build competitive advantage. Epicor solutions provide the scalability and flexibility to meet today's business challenges, while empowering enterprises for even greater success tomorrow. Epicor offers a comprehensive range of services with its solutions, providing a single point of accountability to promote rapid return on investment and low total cost of ownership. Epicor's worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit http://www.epicor.com/.
Epicor and Vantage are registered trademarks of Epicor Software Corporation. Progress and OpenEdge are trademarks or registered trademarks of Progress Software Corporation Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.
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Epicor Software Corporation
CONTACT: Lisa Preuss of Epicor Software Corporation, +1-949-585-4235,
lpreuss@epicor.com
Web site: http://www.epicor.com/
http://www.progress.com/
Openwave Comments on Expiration of Harbinger's Tender Offer
REDWOOD CITY, Calif., June 22 /PRNewswire-FirstCall/ -- Openwave Systems Inc. , the leading independent provider of software products and services for the communications industry, today issued the following statement in response to the announcement that Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P.'s (collectively, "Harbinger") have allowed Harbinger's tender offer to expire without purchasing any shares:
"Over the past weeks and months, we have met with and listened to many of
our stockholders, and we greatly appreciate their insights and feedback.
With the Harbinger tender offer now behind us, we look forward to
continuing to execute on our stand-alone plan. Our Board and management
team strongly believe that continued execution of our plan will drive
sustainable revenue and profit growth, and we are committed to enhancing
value for all of our stockholders."
About Openwave
Openwave Systems Inc. is the leading independent provider of software solutions that ignite mobility for the communications and media industries. Openwave empowers its customers to rapidly transform their business by sparking new revenue streams and market opportunities, building loyal subscriber communities and reducing operational costs. Openwave's broad range of IP-based handset-to-network solutions enable the rapid launch of information, communication and entertainment services across networks and devices and include handset software, content delivery, adaptive messaging, location, music and video services. Openwave is a global company headquartered in Redwood City, California. For more information please visit http://www.openwave.com/.
Cautionary Note Regarding Forward Looking Statements
This release contains forward-looking statements relating to expectations, plans or prospects for Openwave Systems Inc. that are based upon the current expectations and beliefs of Openwave's management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Notwithstanding changes that may occur with respect to matters relating to any forward looking statements, Openwave does not expect to, and disclaims any obligation to, update such statements. Openwave, however, reserves the right to update such statements or any portion thereof at any time 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 ability to change business strategy, development plans and product offerings; (b) the ability to successfully implement and recognize cost savings; (c) the ability to develop and commercialize new products; (d) industry and customer adoption and acceptance of new products; (e) risks associated with the development and licensing of software generally, including potential delays in software development and technical difficulties that may
be encountered in the development or use of our software; and (f) increased global competition and pricing pressure on our products.
For a detailed discussion of these and other cautionary statements, please refer to the risk factors discussed in filings with the U.S. Securities and Exchange Commission ("SEC"), including but not limited to the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2006, and any subsequently filed reports. All documents also are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at http://www.sec.gov/ or from Openwave's website at http://www.openwave.com/.
Openwave is the trademark of Openwave Systems Inc. All other trademarks are the properties of their respective owners.
For more information please contact:
Openwave Systems Inc.
Hal Covert
Chief Financial Officer
investor@openwave.com
Tel: 650-480-4461
Vikki Herrera
Public Relations
Vikki.Herrera@openwave.com
Tel: 650-480-6753
Matthew Sherman / Michael Cuneo
Joele Frank, Wilkinson Brimmer Katcher
Tel: 212-355-4449
Openwave Systems Inc.
CONTACT: Hal Covert, Chief Financial Officer, investor@openwave.com,
+1-650-480-4461, or Vikki Herrera, Public Relations,
Vikki.Herrera@openwave.com, or +1-650-480-6753, both of Openwave Systems Inc.;
or Matthew Sherman, or Michael Cuneo, both of Joele Frank, Wilkinson Brimmer
Katcher, +1-212-355-4449
Web site: http://www.openwave.com/
Agilysys Wins IBM RSS Solution Provider Excellence Award
BOCA RATON, Fla., June 22 /PRNewswire-FirstCall/ -- Agilysys, Inc. , a leading provider of innovative IT solutions, received the 2006 IBM Retail Store Solutions (RSS) Solution Provider Excellence Award. As the highest recognition the IBM RSS brand has to offer, Agilysys was just one of five Solution Provider Excellence award recipients, based on a total of 451 North American solution providers. The awards were presented to the winners on Thursday, May 17, 2007 at the Retail Store Solutions Sales Summit (RS4) in Miami Beach, FL.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO )
"This IBM Solution Provider Excellence award is another testament to the outstanding achievements of the Agilysys Retail Solutions' employees throughout the past year," said Paul Civils, vice president of sales, Agilysys Retail Solutions. "We are extremely honored to be recognized by IBM, one of Agilysys' valued retail solution supplier partners."
Business Partners who win a Solution Provider Excellence Award are among the top achieving Business Partners for IBM RSS and have made significant contributions in revenue achievement. Winners of this award demonstrate leadership characteristics such as, global leader for RSS revenue, achieved committed business targets with IBM RSS during prior calendar year, actively promoted current IBM RSS product offerings in prior year demand generation campaigns or similar activities, have a dedicated sales, marketing and technical support team to promote IBM solutions and is an Advanced or Premier level IBM Business Partner.
About Agilysys
Agilysys is a leading provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select vertical markets, including retail and hospitality. The company uses technology-including hardware, software and services-to help customers resolve their most complicated IT needs. The company possesses expertise in enterprise architecture and high availability, infrastructure optimization, storage and resource management, and business continuity; and provides industry-specific software, services and expertise to the retail and hospitality markets. Headquartered in Boca Raton, Fla., Agilysys operates extensively throughout North America, with additional sales offices in the United Kingdom and China.
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Agilysys, Inc.
CONTACT: Julie Young of Agilysys, Inc., +1-440-519-8160,
julie.young@agilysys.com, or Vikki Meldrum of Dix & Eaton for Agilysys,
+1-216-241-3020, vmeldrum@dix-eaton.com
Web site: http://www.agilysys.com/
International Game Technology Completes Investment in Digideal Corporation
RENO, Nev., June 22 /PRNewswire-FirstCall/ -- International Game Technology announced today that it has closed its previously announced investment in Digideal Corporation, a gaming technology company based in Spokane Valley, WA. Financial terms related to the investment were not released.
In connection with its investment, IGT has received access to Digideal's intellectual property portfolio, a five-year term of exclusive manufacturing and distribution rights for Digideal products, and an option to acquire Digideal within five years.
Digideal's primary technology is a patented electronic table game platform, and IGT expects to work jointly with Digideal to expand Digideal's game content library and electronic table game products.
"IGT is excited to complete this strategic investment in Digideal and to expand our product offering in the electronic table game market," said Tim Richards, Director of Table Products for IGT. "We look forward to the opportunity to leverage Digideal's intellectual property portfolio and engineering talent with IGT's depth of research and development resources."
"Digideal is eager to move forward in this next chapter of our company," said Michael Kuhn, Digideal's CEO. "As the electronic table game market continues to evolve, Digideal can now better leverage its strong pool of innovative game platforms and content."
International Game Technology (http://www.igt.com/) is a global company specializing in the design, development, manufacturing, distribution and sales of computerized gaming machines and system products.
Digideal (http://www.digideal.com/), a privately held Nevada corporation based out of Spokane Valley, WA, is a designer and inventor of products for the gaming industry.
Statements in this release, which are not historical facts, are "forward looking" statements under the Private Securities Litigation Reform Act of 1995. Although IGT believes that the expectations reflected in any of its forward-looking statements are reasonable, actual results could differ materially from those projected or assumed. IGT's future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent known and unknown risks and uncertainties. IGT does not intend, and undertakes no obligation, to update forward-looking statements to reflect future events or circumstances.
Information on risks and factors that could affect IGT's business and financial results are included in our public filings made with the Securities and Exchange Commission.
International Game Technology
CONTACT: Patrick Cavanaugh, Investor Relations of International Game
Technology, 1-866-296-4232; or Michael Kuhn, CEO of Digideal, +1-509-747-8887
Web site: http://www.igt.com/
Renowned Educator Takes Post at Renaissance Learning
WISCONSIN RAPIDS, Wis., June 22 /PRNewswire-FirstCall/ -- Renaissance Learning, Inc. announced today that it has hired Roy Truby as the company's Senior Vice President of State & Federal Programs. Truby will be responsible for increasing awareness of Renaissance Learning's computerized assessment products at state and federal levels. The appointment comes on the heels of favorable reviews by What Works Clearinghouse, the National Center on Student Progress Monitoring, and the federally-funded Florida Center for Reading Research that the company's products are scientifically research- based.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001108/RENAISSANCELOGO )
"I am pleased to work with Renaissance Learning, the industry leader in computerized testing and formative assessment that teachers and students nationwide love to use," Truby said. "What especially drew me to the company was not just that they have recognized, scientifically-based research, but that more than 71,000 schools have been using their products for the past 21 years. Of course everyone knows about the popularity of Accelerated Reader, but their STAR computer adaptive tests are state-of-the-art and used in over 45,000 schools."
"We are honored to have someone with Roy's expertise and knowledge join our company," said Steve Schmidt, Renaissance Learning's President and COO. "We are confident his expertise will help us carry our message on the need to expand the use of daily and monthly computerized formative assessments to accelerate student learning and close the gap."
Truby, who has dedicated his entire career to education, most recently served as an ambassador for the National Center for Education Statistics and Westat to chief state school officers and large urban school district superintendents, advising on National Assessment of Educational Progress (NAEP) and assessment issues. Prior to that appointment, from 1989 to 2002, he served as the Executive Director of the National Assessment Governing Board, which has policy direction over NAEP. Truby has also held positions as the State School Superintendent for Idaho and West Virginia, the only person to serve as both an elected and appointed state superintendent in two different states, and has served as the District Superintendent of Schools in Greenville County, South Carolina. He holds a doctorate of education degree from the University of Idaho and has taught students ranging from junior high to graduate school levels.
About Renaissance Learning, Inc.
Renaissance Learning, Inc. is the world's leading provider of computer-based testing technology designed to enhance core curriculum in K-12 education by personalizing reading, math, and writing instruction and practice. Adopted by more than 71,000 North American schools, Renaissance Learning's scientifically research-based products provide teachers and administrators with daily formative assessment and monthly progress monitoring tools to inform instruction, make data driven decisions, motivate students, dramatically accelerate learning, and improve test scores. Renaissance Learning has seven U.S. locations and subsidiaries in Canada, India, and the United Kingdom.
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Renaissance Learning, Inc.
CONTACT: Laurie Borkon of Renaissance Learning, Inc., 1-800-338-4204,
ext. 2019, pr@renlearn.com
Web site: http://www.renlearn.com/
Sierra Wireless congratulates M2M Value Chain Award WinnersEcast and Renewable Energy Systems honored for innovative use of wireless data in machine-to-machine (M2M) applications
VANCOUVER, June 22 /PRNewswire-FirstCall/ -- Sierra Wireless is pleased to congratulate Ecast and Renewable Energy Systems for being honored with M2M Value Chain Awards, announced Wednesday night at the M2M United Conference in Chicago. The awards, sponsored by M2M magazine, honor successful corporate adopters of M2M technology and highlight the process of combining multiple technologies to create a winning solution.
"Both Ecast and Renewable Energy Systems offer great examples of the efficiencies that broadband wireless data connectivity can bring to M2M applications," said Andy Berman, senior vice president of mobile and M2M for Sierra Wireless. "It's a thrill to see them honored for their innovative applications, and we are pleased to have had the privilege of collaborating with each of these companies to make wireless data work for them."
Both of the winning entries involve AirLink Raven modems, now a part of the Sierra Wireless Mobile & M2M product line. Powered by ALEOS, the longstanding benchmark for feature rich embedded intelligence, AirLink Raven modems provide an always on, always aware persistent wireless connection. Specifically designed for complex mobile data and remote asset management applications, they are ideal for a variety of applications, including telemetry, SCADA, intelligent transportation, utility management, remote monitoring, and security.
Ecast: Music on demand
Ecast (http://www.ecastnetwork.com/) is the largest broadband touch-screen media network in the United States, delivering on-demand music, advertising, and other forms of entertainment to more than 10,000 digital jukeboxes in bars and nightclubs throughout the country. Each jukebox requires a continuous Internet connection to access Ecast's online database of more than 200,000 songs. Using broadband landline connections proved to be cumbersome, often requiring long lead time for installation and limiting potential locations and relocations.
Using the AirLink Raven-E modem to provide wireless data connectivity, Ecast has reduced both the lead-time and the cost of installations, providing increased flexibility to choose the most profitable locations. In addition, Ecast is now able to consolidate new customers with a single Internet service provider, allowing the company to access service discounts and leverage a common management and support structure to reduce operating costs. To learn more, please visit http://www.airlink.com/press/casestudies/ecast.asp.
Renewable Energy Systems: Collecting wind data over the air
Renewable Energy Systems (RES) is one of the largest and most successful wind energy companies in the world, involved in nearly every aspect of wind energy projects including research, development, engineering, construction, operation and maintenance. To date, RES has built over 1,100 megawatts of wind plant energy capacity across the United States comprising over 800 wind turbines.
Each of RES's wind farm projects begins with a research phase in which data is collected at potential wind farm sites to assess their suitability for wind production. This involves erecting 200-foot meteorological towers on the proposed site, often situated in remote locations. Before implementing a wireless solution, RES contracted field technicians to visit each site once a month to retrieve the data and send it back to the RES office for analysis - a time-consuming, expensive process that could be further complicated by equipment malfunctions that stayed undetected for weeks between visits.
With the help of Mobile Electron, one of AirLink's value added resellers, RES integrated AirLink Raven modems for remote monitoring of wind farm sites. Mobile Electron provided turnkey integration and installation, as well as RF propagation analysis to help RES select the most appropriate cellular provider for a given area. As a result of the deployment, RES has increased operational efficiency and lowered overhead costs, and the company estimates that the cost of the new modems was recovered within six months. The company now has persistent, real-time, two-way connectivity between its regional offices and its remote equipment, enabling automated collection and retrieval of critical data. The solution has allowed RES to detect technical issues more quickly, and has eliminated the need for costly site visits. For more details, please see http://www.airlink.com/press/casestudies/res.asp.
For more information about the M2M Value Chain Awards, please visit http://www.specialtypub.com/m2m/valuechain/.
About Sierra Wireless
Sierra Wireless modems and software connect people all over the world with mobile broadband networks that keep them in touch, informed, and productive from wherever they need to be. The Company offers a diverse product portfolio addressing enterprise, consumer, original equipment manufacturer, machine-to-machine, and specialized vertical industry markets, and provides professional services to customers requiring expertise in wireless design, integration, and carrier certification. With 2006 revenues of $221 million, Sierra Wireless is headquartered in Richmond, British Columbia, Canada with additional offices in Carlsbad and Hayward, California; London; and Hong Kong. For more information about Sierra Wireless, visit http://www.sierrawireless.com/.
"AirCard" is a registered trademark of Sierra Wireless. Other product or service names mentioned herein may be the trademarks of their respective owners.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans contained in this press release that are not historical fact. Our expectations regarding future revenues and earnings depend in part upon our ability to successfully develop, manufacture, and supply products that we do not produce today and that meet defined specifications. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in the wireless data communications market. In light of the many risks and uncertainties surrounding the wireless data communications market, you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.
CONTACT: Sharlene Myers, Sierra Wireless, Phone: (604) 232-1445, Email: smyers@sierrawireless.com
Sierra Wireless, Inc.
CONTACT: Sharlene Myers, Sierra Wireless, Phone: (604) 232-1445, Email:
smyers@sierrawireless.com
Mediware to Delist from Pacific Stock Exchange, Will Retain Nasdaq Listing
LENEXA, Kan., June 22 /PRNewswire-FirstCall/ -- Mediware Information Systems, Inc. announced plans to voluntarily withdraw its common stock from listing on the Pacific Stock Exchange, now known as NYSE Arca, Inc. Mediware's common stock will continue to trade on the Nasdaq Capital Market.
The decision to voluntarily withdraw listing from NYSE Arca was made to reduce regulatory and administrative burdens.
About Mediware
Mediware Information Systems delivers powerful software solutions that encapsulate patient care instructions, reinforce patient safety practices and improve efficiencies to lower costs. Mediware targets three primary areas of patient care -- Medication Management, Perioperative Management and Blood Management (transfusion, inventory and donor practices) -- with specialized solutions that are proven in more than 1,000 client installations. Mediware's customers include prestigious hospitals, clinics, correctional institutions, blood centers and other public and private health care institutions throughout the world. For more information about Mediware products and services, visit our web site at http://www.mediware.com/.
Certain statements in this press release may constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, as the same may be amended from time to time (the "Act") and in releases made by the SEC from time to time. Such forward-looking statements are not based on historical facts and involve known and unknown risks, uncertainties and other factors disclosed in the Company's Annual Report on Form 10-K for the year ended June 30, 2006, which may cause the actual results of the Company to be materially different from any future results expressed or implied by such forward-looking statements. The Company disclaims any obligation to update its forward-looking statements.
Contact James Burgess Thomas Redington
913/307-1000 203/222-7399
http://www.mediware.com/ 212/926-1733
http://www.redingtoninc.com/
Mediware Information Systems, Inc.
CONTACT: James Burgess of Mediware Information Systems, Inc.,
+1-913-307-1000; or Thomas Redington, +1-203-222-7399, +1-212-926-1733
Web site: http://www.mediware.com/
Petel Incorporated Expansion and Dividend Update(Pink Sheets - PTEL.pk)
LONDON, June 22 /PRNewswire-FirstCall/ --
A2A Group Plc Business Combination
----------------------------------
Petel Incorporated has renegotiated its planned Business Combination with UK broadband channel platform provider A2A Group Plc.
Under the new agreement:
Each Petel Incorporated shareholder will receive two (2) A2A Group Plc shares at market price for every one (1) Petel Incorporated share held on 11 June 2007.
Under UK law the A2A shares must be issued in the first instance to the Company which will contact shareholders to arrange distribution.
Petel Incorporated will issue 100,000 shares to A2A Group Plc.
This new agreement reduces the dilution of Petel Incorporated Outstanding Shares and the dividend value by a factor of 50 whilst maintaining the shareholder value benefits of the original proposal.
Medify Solutions Limited
------------------------
The Company is considering a proposal to separate Medify Solutions Limited from Petel Incorporated. At this time the Company does not feel it can apply the appropriate investment or resource required to progress Medify Solutions Limited.
The transaction is subject to the identification of a suitable management team. It is proposed to float the new entity of the OTC Pink Sheets.
Under the proposed terms of the new floatation, all Petel Incorporated shareholders will receive one share in the new Medify Solutions entity for every Petel Incorporated share held at the date of record (to be announced on completion of the agreement).
The Board feel this is the best option to progress further development of the Medify Solutions Limited and anticipates discussions will be completed in approximately 6-8 weeks, with a further update to shareholders at this time.
Notes:
------
US shareholders seeking more information on Plus Market brokers should visit http://www.plusmarketsgroup.com/PLUS_brokers.shtml for a list of brokers who have the facility to trade Plus Markets.
Petel Incorporated's five year forecasts and business plan are included in the Corporate Overview, published on the Investor Relations page at http://www.petel.co.uk/
ENDS
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Petel, Inc. see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
Petel Incorporated
CONTACT: please visit http://www.petel.co.uk/ Or email enquiries@petel.co.uk
McAfee Inc. Offers Tips for a Spam-Free SummerHelps E-mail Users Say "No, Thanks" to Unwanted Messages
SANTA CLARA, Calif., June 22 /PRNewswire-FirstCall/ -- Don't want to return to a spam-filled inbox after a summer break? McAfee Inc. released tips today to help e-mail users unsubscribe and block unwanted e- mail.
According to research from McAfee(R) SiteAdvisor(TM), registering an e- mail address with just one Web site can result in hundreds of junk e-mails a week, demonstrating how easy it can be to become the target of unsolicited mail.
"While today's spam filters have improved to catch a larger percentage of junk mail, the threat of spam never really goes away," said Jeff Green, senior vice president of McAfee Avert(R) Labs. "We hope that users can benefit from our tips to help in their battle against the removal and blocking of unwanted mail."
To help prevent spam, McAfee recommends that users do the following:
-- Don't publish your e-mail address on any Web site or discussion forum
-- Use a separate e-mail address to sign up for newsletters, online
postings and trade shows. If your mailbox starts receiving an
abundance of spam, you can delete the mailbox or filter it more
aggressively
-- If you didn't originally sign up to receive an e-mail, or if you don't
recognize the sender, do not unsubscribe from the list. By
unsubscribing, you show the spammer that your e-mail address is active
-- If you use Web-based e-mail services, report spam to the service
provider. This helps the provider more accurately determine which
messages are spam
-- Use anti-spam software, which blocks 97 percent to 99 percent of spam
to significantly reduce the spam in your inbox
-- Keep a collection of mail you want to stop receiving and determine
which e-mail addresses or phrases in the messages don't change. Use
this information to keep further unwanted e-mail out of your inbox by
creating filters
-- Do not reply to spam. Most important, don't buy anything from spammers
More details on the spam-busting tips are available in a whitepaper titled, "Say 'No, Thanks' to Unwanted E-mail," which is available for download through the McAfee Threat Center at: http://www.mcafee.com/us/threat_center/default.asp.
For Internet users who want to learn just how spam savvy they are, the McAfee SiteAdvisor Spam quiz is available at http://www.mcafee.com/spamquiz.
About McAfee Avert Labs
McAfee Avert Labs maintains a top-ranked global security threat and research organization, employing researchers in 16 countries around the globe. The Labs combine world-class malicious-code and anti-virus research with intrusion prevention and vulnerability research expertise.
About McAfee, Inc.
McAfee, Inc. is the leading dedicated security technology company. Headquartered in Santa Clara, California, McAfee delivers proactive and proven solutions and services that secure systems and networks around the world. With its unmatched security expertise and commitment to innovation, McAfee empowers home users, businesses, the public sector, and service providers with the ability to block attacks, prevent disruptions, and continuously track and improve their security. http://www.mcafee.com/.
NOTE: McAfee and Avert are registered trademarks of McAfee, Inc. and/or its affiliates in the United States and/or other countries. McAfee Red in connection with security is distinctive of McAfee-brand products. All other registered and unregistered trademarks herein are the sole property of their respective owners. (C) 2007 McAfee, Inc. All Rights Reserved.
McAfee Inc.
CONTACT: Joris Evers of McAfee Inc., +1-408-346-3310,
joris_evers@mcafee.com; or Mindy Whittington of Red Consultancy,
+1-415-618-8811, mindy.whittington@redconsultancy.com, for McAfee Inc.
Web site: http://www.mcafee.com/
http://www.mcafee.com/us/threat_center/default.asp
http://www.mcafee.com/spamquiz
Vital Images to Present at the Jefferies Healthcare Conference on June 28Live Webcast at 7:10 a.m. CT
MINNEAPOLIS, June 22 /PRNewswire-FirstCall/ -- Vital Images, Inc. , a leading provider of enterprise-wide advanced visualization and analysis solutions, will present at the Jefferies Healthcare Conference on Thursday, June 28, at 7:10 a.m. CT (8:10 a.m. ET). Jay D. Miller, president and chief executive officer, will discuss the company's business and growth strategies.
To access the Webcast, go to the investors' section of the Vital Images Web site, http://www.vitalimages.com/, and click on the Webcast icon. The archived Webcast will be available at 10:00 a.m. CT on Thursday, June 28.
The Jefferies Healthcare Conference will be held June 26 to 28 at the Mandarin Oriental Hotel in New York.
About Vital Images
Vital Images, Inc., headquartered in Minneapolis, is a leading provider of enterprise-wide advanced visualization and analysis software solutions. The company's technology gives radiologists, cardiologists, oncologists and other medical specialists, time-saving productivity and communications tools that can be accessed throughout the enterprise and via the Web for easy use in the day-to-day practice of medicine. Vital Images also has offices in Den Haag, the Netherlands; and Beijing, China. For more information, visit http://www.vitalimages.com/.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties which could cause results to differ materially from those projected, including but not limited to dependence on market growth, the successful inter-operability of health care technology from multiple vendors, the timely availability and acceptance of new products, the impact of competitive products and pricing, dependence on major customers, third-party reimbursement, and other risks detailed from time to time in Vital Images' SEC reports, including Vital Images' annual report on Form 10-K for the year ended December 31, 2006.
Vital Images, Inc.
CONTACT: Michael H. Carrel, Chief Operating Officer and Chief Financial
Officer of Vital Images, +1-952-487-9500; or Nancy A. Johnson,
+1-612-455-1745, njohnson@psbpr.com, or Marian Briggs, +1-612-455-1742,
mbriggs@psbpr.com, both of Padilla Speer Beardsley, for Vital Images
Web site: http://www.vitalimages.com/
CACI International to Release FY08 Annual Guidance After the Market on June 27, 2007To Hold Conference Call Before the Market on June 28, 2007
ARLINGTON, Va., June 22 /PRNewswire-FirstCall/ -- CACI International Inc will issue its Fiscal Year 2008 (FY08) Annual Guidance at 4:05 p.m. Eastern Time on Wednesday, June 27, 2007. Following the release of this information, the company has scheduled a conference call for Thursday, June 28th at 8:30 a.m. Eastern Time, during which management will be making a brief presentation focusing on the FY08 guidance and the recently announced management transition. A question-and-answer session will follow to further discuss the guidance and management's performance expectations during FY08.
Interested parties can listen to the conference call and view accompanying exhibits over the Internet by logging on to CACI's Internet site at http://www.caci.com/ at the scheduled time. Or they may dial in to 888-802-2269, confirmation code 6178479. Slides of the presentation will be available on CACI's website during the call. A replay of the call will also be available over the Internet beginning on June 28th at 1:00 p.m. Eastern Time, and can be accessed through CACI's homepage (http://www.caci.com/).
CACI International Inc provides the IT and network solutions needed to prevail in today's new era of defense, intelligence, and e-government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of defense and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI has been named to the Fortune 1000 Largest Companies of 2006. A member of the Russell 1000 index, CACI provides dynamic careers for approximately 10,100 employees working in over 130 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/.
For investor information contact: For media information contact:
David Dragics Jody Brown
Senior Vice President, Executive Vice President,
Investor Relations Public Relations
(866) 606-3471, ddragics@caci.com (703) 841-7801, jbrown@caci.com
CACI International Inc
CONTACT: David Dragics, Senior Vice President, Investor Relations,
+1-866-606-3471, ddragics@caci.com, or Jody Brown, Executive Vice President,
Public Relations, +1-703-841-7801, jbrown@caci.com, both of CACI International
Inc
Web site: http://www.caci.com/
CCID Consulting Analyzes the Growth of Software Outsourcing Company
BEIJING, June 22 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), analyses the development of China as a service provider for the international outsourcing market in a recent report published through its Software Industry Research Center, written by analyst Zhang Xi.
Outsourcing Market - Grows Rapidly
China software outsourcing service market reaches 1.43 billion USD under the overall rapid growth of global market in 2006 with year-on-year growth of 55.4%, which is 10% more than last year. Global recognition in China's ability as service provider became a driving force behind the increasing demand, with Japanese outsourcers in long-term cooperation with their Chinese partners, as well as some European and US outsourcers who are enlarging their cooperation with China.
For a graphical analysis of "2003-2006 Global SOS Market Size & Growth", and "2002-2006 China's SOS Market Size & Growth", please refer to http://www.ccidconsulting.com/upload/11610.jpg . (Source: CCID Consulting, Jan. 2007)
Outsourcer Market -- Lead by Japan and Followed by Europe & US
Japan has always been the largest outsourcer market for China's SOS with 872 million USD as NO.1 in 2006. However, with efforts from Chinese government in fields of policy, training, international & national communication and overall branding promotion for Chinese outsourcing service in Europe and US markets from 2005, projects and revenue come from these markets have increase in recent years. The business from US and Europe increases with 79.3% and 71.8% respectively in 2006, and US & European outsourcers take more shares in China's SOS Market with 2.9% and 0.5% more respectively in 2006.
For a graphical analysis of "Global SOS Market Structure in 2006", and "China's SOS Outsourcer Market Structure in 2006", please refer to http://www.ccidconsulting.com/upload/11611.jpg . (Source: CCID Consulting, Jan. 2007)
Compared with general market, Neusoft takes Japan as the principle software outsourcing client. CCID Consulting forecasts that it will have considerable cooperation growth rate on mobile phones with Sony and Panasonic as the partnership is still in a beginning stage.
For a graphical analysis of "The Constitution of Neusoft Group's Software Outsourcing Client in 2006", please refer to http://www.ccidconsulting.com/upload/11614.jpg . (Source: CCID Consulting, May 2007)
Business Type -Concentrated at the Low-end
China's SOS Market is still in the bottom of the industrial chain in the world. Chinese outsourcing SP is adjusting their business structure to enhance its business to a higher end. Some service providers expand their business coverage or target market coverage by merging or financing, such as upgrading from localized business from the Japanese market to Europe & US market; and some cooperate more with foreign outsourcer on the other hand to increase project depth, size, cycle or cooperation level to concentrate limited resources for a new market base to maintain good client relationship.
For a graphical analysis of "2005-2006 Different Business Size & Growth of SOS in China", please refer to http://www.ccidconsulting.com/upload/11615.jpg . (Source: CCID Consulting, Jan. 2007)
For more on "The Principle Business Development Forecast of Major Software Outsourcing Firms in China", please refer to http://www.ccidconsulting.com/upload/11616.jpg . (Source: CCID Consulting, May 2007)
Bottleneck for Development - Short of Experts
Software outsourcing manufacturers could only rapidly develop in scale operation. Yet there are only five companies with a size of over 2,000 employees within more than 10,000 software service suppliers in China. On the contrary, at least 15 firms have more than 2,000 employees in India within less than 3,000 software service companies. Only 7 Chinese firms passed international CMM5 authentication and as requirements of US outsourcers are higher than of Japan, China providers have to upgrade their technical solution capability and firm scale in order to win business.
Take Neusoft for instance, employee internal transfer could be an important technical staff supply for experienced technical employees, while the company recruits a large number of fresh graduates, and provide internal training to them. However, a target growth rate of 50% and 25,000 USD revenue per capita will mean a staff size of 6,000 in software outsourcing in 2007, an estimated addition of 2,000 professionals, which is difficult for the company to depend solely on its own training system.
2003-2007 Neusoft Software Outsourcing Market Size and Output per Capita
2003A 2004A 2005A 2006A 2007E
Market Size(10,000 USD) -- 3317 6270 10000 15000
Outsourcing NO. 1100 1900 2700 4000 6000
Outsourcing NO. GR 72.7% 42.1% 48.1% 50.0% 72.7%
Production Value/capita -- 1.75 2.32 2.50 2.5
(10,000 USD)
(Source: CCID Consulting Settled from Annual Report)
Mechanism Adjustment -- Outsourcing as a Principle Orientation
INSIGMA has peeled off real estate and part of wireless value-added business after a steady and rapid progress in the past six years, and put focus on consulting service with software outsourcing as its core business and breakthrough in construction contract and project management. The company succeeds in exploring two new clients, NTT-DATA and JIP with the SAS strategic investment from Hitachi and realizes a big growth in operation performance. Hengtian has finish its reform and INSIGMA has set up its largest platform for business with US.
CCID Consulting considers that China software should expand international business and take SOS as an important breakthrough for internationalization development strategy while enforcing national business. The industry keeps a fast growth in 2006 with good turnover and sustainable development capability. Current SO business are mainly fulfilled via Chinasoft International, a listed company in Hong Kong Exchanges & Clearing Ltd. The company extends its SO business scale in very short time by series of merging and integration and consolidates its strategic partnership with Microsoft simultaneously. Chinasoft International focuses on business to US with some to Japan as well, well Beijing Chinasoft Fujitsu and Dalian Chinasoft that locates in Dalian Software Park focuses on business to Japan.
About CCID Consulting
CCID Consulting Co., Ltd. (also known as CCID Consulting), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: HK08235), is a direct affiliate of the China Center for Information Industry Development (hereinafter known as CCID Group). Headquartered in Beijing, CCID Consulting has so far set up branch offices in Shanghai, Guangzhou, Shenzhen and Harbin, with over 300 professional consultants and industry experts. The Company's business scope has covered over 200 large- and medium-sized cities in China. Apart from home market development, CCID Consulting is establishing international cooperation links across the United States, the Asia-Pacific region and Europe, by setting up agents in the U.S., Japan, South Korea, Australia, Singapore, Italy and Russia, with the aim of going global.
Based on four major competitive areas of powerful data channels, industrial resources, intense knowledge and deep understanding of information technology, CCID Consulting provides customers with consulting, research and IT outsourcing services covering strategy planning, IT application, marketing strategy, human resources and information technology outsourcing. Our customers range from industrial users in IT, telecommunications, energy, finance, automobile, to government departments at all levels and diversified industrial parks.
CCID Consulting is committed to becoming the No. 1 brand for strategy consulting, the No. 1 consultant for enterprise management and the No. 1 expert in market research. For more information, please visit our website at http://en.ccidconsulting.com/ .
For more information, please contact:
Cynthia Liu
Coordinating Manager
CCID Consulting Co., Ltd
Tel: +86-10-8855-9080
Email: liuyan@ccidconsulting.com
CCID Consulting Co., Ltd
CONTACT: Cynthia Liu of CCID Consulting Co., Ltd, +86-10-8855-9080, or
liuyan@ccidconsulting.com
Web site: http://en.ccidconsulting.com/
McAfee Inc. to Present at the 17th Annual Wachovia Nantucket Equity Conference
SANTA CLARA, Calif., June 22 /PRNewswire-FirstCall/ -- McAfee Inc. today announced that Eric Brown, McAfee's chief operating officer and chief financial officer, will present at the 17th Annual Wachovia Nantucket Equity Conference on Wednesday, June 27, 2007, at 3:30 p.m. EDT.
The presentation will be Webcast live and a replay will be archived on the investor relations Web site at http://investor.mcafee.com/. Investors interested in accessing the Webcast should go to the link listed above at least 10 minutes prior to the broadcast.
About McAfee Inc.
McAfee Inc. is the leading dedicated security technology company. Headquartered in Santa Clara, California, McAfee delivers proactive and proven solutions and services that secure systems and networks around the world. With its unmatched security expertise and commitment to innovation, McAfee empowers home users, businesses, the public sector, and service providers with the ability to block attacks, prevent disruptions, and continuously track and improve their security. http://www.mcafee.com/.
NOTE: McAfee is a registered trademark of McAfee Inc. and/or its affiliates in the U.S. and/or other countries. McAfee Red in connection with security is distinctive of McAfee brand products. All other registered and unregistered trademarks herein are the sole property of their respective owners.
McAfee Inc.
CONTACT: Investors: Victoria Hyde-Dunn, +1-408-992-8131,
victoria_hyde-dunn@mcafee.com, or Media: Siobhan MacDermott, +1-408-346-3783,
siobhan_macdermott@mcafee.com, both of McAfee Inc.
Web site: http://investor.mcafee.com/
http://www.mcafee.com/
Company News On-Call: http://www.prnewswire.com/comp/124004.html
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