Companies news of 2007-06-26 (page 3)
AsiaInfo to Expand China Netcom's Broadband Billing System in Zhejiang Province
Baidu Appoints Mr. Nobuyuki Idei as an Independent Director
Hitachi Data Systems Selects Ogilvy PR as U.S. Agency of RecordOgilvy PR Technology...
Crailar Fiber Technologies(TM) Enters into Master Agreement for Technology Development and...
ITT Corporation to Acquire International Motion ControlAcquisition to enhance ITT's global...
Mobile Content Networks, Inc. Signs Worldwide Support Agreement with AtlasTG
BluePhoenix Successfully Migrates Billing System as Part of Multi-Million Dollar...
Amdocs Wins 'Overall Best Contribution to BSS' AwardThe 2007 World BSS Award recognizes...
ALONG Mobile Technologies Inc. to Launch 'Hello Kitty' Sports Series Games
Denali's Verification Software for Flash Memory Systems Leveraged by SST for Mobile and...
DigitalFX International Announces Launch of helloWorld.com in Spain, Italy, France and the...
Magic Software Subsidiary Signs Initial $1.3 Million Agreement with KLM Cargo- Hermes...
Global Sources Included in Russell 3000(R) Index
Virtual Network Partners Chooses Endeavors Technologies Application Streaming Solution
Microsoft and Dassault Systemes Expand Alliance Into Virtual EarthMicrosoft's Virtual...
Autonomy Granted Special Security Agreement by U.S. Department of Defense
RealPlayer Ushers in New Era in Internet VideoNew Version Available Today Enhances...
Video Surveillance Camera Based on Texas Instruments Digital Media Processing Solution,...
Pearson Foundation Announces New Digital Arts AlliancesInnovative Public-Private...
Tektronix Increases Share Repurchase Authorization
International Game Technology Announces Quarterly Dividend
Tektronix Prices $300 Million Senior Convertible Notes
AVIATION WEEK va organiser le Green Aviation Management Forum
AsiaInfo to Expand China Netcom's Broadband Billing System in Zhejiang Province
BEIJING and SANTA CLARA, Calif., June 26 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. , a leading provider of telecom software solutions and IT security products and services, today announced it has won a contract with Zhejiang Netcom, a subsidiary of China Netcom, to expand its broadband billing system.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040312/CNF002LOGO )
Zhejiang Netcom's current broadband billing system, which was first deployed by AsiaInfo in 2003, supports ADSL and Ethernet based broadband and leased line services for residential and enterprise users. Under the terms of the new agreement, AsiaInfo will expand the current system to meet subscriber growth and increased demand for new services by adding software licenses and modules, and expanding system hardware.
"The rapid growth of China's broadband market presents promising opportunities for our broadband billing solutions," said Steve Zhang, President and Chief Executive Officer of AsiaInfo. "As the leading broadband billing solution provider in the Chinese telecom market, AsiaInfo is at the forefront of developing billing technologies that provide superior performance and scalability."
AsiaInfo is the leading provider of broadband billing solutions in China. Its industry-leading AIOBS Internet Protocol (IP) Billing System is deployed at the China Netcom headquarters and its 12 provincial subsidiaries.
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. is a leading provider of high-quality telecom software solutions and IT security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of IT security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.
Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.
For more information about AsiaInfo, please visit http://www.asiainfo.com/ .
Forward-Looking Statements
The information contained in this document is as of June 26, 2007. AsiaInfo assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments.
This document contains forward-looking information about AsiaInfo's operating results and business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: government telecommunications infrastructure and budgetary policy in China; our ability to maintain our concentrated customer base; the long and variable cycles for our products and services that can cause our revenues and operating results to vary significantly from period to period; our ability to meet our working capital requirements; our ability to retain our executive officers; our ability to attract and retain skilled personnel; potential liabilities we are exposed to because we extend warranties to our customers; risks associated with cost overruns and delays; our ability to develop or acquire new products or enhancements to our software products that are marketable on a timely and cost-effective basis; our ability to adequately protect our proprietary rights; the competitive nature of the markets we operate in; political and economic policies of the Chinese government. A further list and description of these risks, uncertainties, and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2006, and in our periodic reports on Forms 10-Q and 8-K (if any) filed with the United States Securities and Exchange Commission and available at http://www.sec.gov/ .
For more information, please contact:
For Investors:
Charles Zhang
AsiaInfo Technologies (China), Inc.
Tel: +86-10-8216-6039
Email: ir@asiainfo.com
For Media:
Rory Macpherson
Ogilvy Public Relations Worldwide
Tel: +86-10-8520-6553
Email: rory.macpherson@ogilvy.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040312/CNF002LOGO PRN Photo Desk, 888-776-6555 or 212-782-2840
AsiaInfo Holdings, Inc.
CONTACT: Charles Zhang (Investors) of AsiaInfo Technologies (China), Inc., +86-10-8216-6039, or ir@asiainfo.com; Rory Macpherson (Media) of Ogilvy Public Relations Worldwide, +86-10-8520-6553, or rory.macpherson@ogilvy.com, for AsiaInfo Technologies (China), Inc.
Web site: http://www.asiainfo.com/
Baidu Appoints Mr. Nobuyuki Idei as an Independent Director
BEIJING, June 26 /Xinhua-PRNewswire/ -- Baidu.com, Inc. , the leading Chinese language Internet search provider, today announced the appointment of Mr. Nobuyuki Idei as an independent director of Baidu, effective from June 14, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO )
''We are very pleased to welcome Mr. Idei to Baidu's Board of Directors. His wealth of leadership experience coupled with his expertise in corporate governance will bring significant value to Baidu,'' said Robin Li, Baidu's Chairman and CEO. ''We are confident that he will make a significant contribution towards Baidu's efforts to extend our leadership in Chinese language Internet search and to develop our search platform in Japan.''
Nobuyuki Idei is Founder and CEO of Quantum Leaps Corporation, a specialized consulting firm that advises private and public institutions on the changing role of technology in the 21st century. An experienced director, Mr. Idei currently serves as Chairman of the Advisory Board of Sony Corporation, Director of Accenture, Director of Red Herring and Chairman of the National Conference on Fostering Beautiful Forests in Japan.
Mr. Idei was Chairman and CEO of Sony Corporation from 2000 to 2005. Prior to this, he held a range of leadership positions at Sony including General Manager of the audio division, Senior General Manager of the home video group, and President and Representative Director. In addition, Mr. Idei has served in a number of advisory positions including as Counselor to the Bank of Japan, member of Japan's national IT Strategy Council, and as Vice Chairman of Nippon Keidanren. Mr. Idei received a B.S. degree in Economics & Politics from Waseda University in Tokyo.
Separately, Mr. Asad Jamal recently resigned from Baidu's Board of Directors. ''I would like to thank Mr. Jamal for his contributions to Baidu over the past three years, and we appreciate his valuable insight and dedication,'' said Mr. Li. Mr. Jamal served as a director of Baidu for three years before his resignation in June 2007.
About Baidu
Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, are currently trading on the NASDAQ Global Market under the symbol ''BIDU''.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the ''safe harbor'' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as ''will'', ''expects'', ''anticipates'', ''future'', ''intends'', ''plans'', ''believes'', ''estimates'', ''confident'' and similar statements. Among other things, quotations from management in this announcement contain forward-looking statements. Statements that are not historical facts, including statements about Baidu's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those contained in any forward- looking statements. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of June 26, 2007, and Baidu undertakes no duty to update such information, except as required under applicable law.
For more information, please contact:
In China:
Investor inquiries:
Lynn Lin
Baidu.com, Inc.
Tel: +86-10-8262-1188 x8239
Email: ir@baidu.com
Investor and media inquiries:
Rory Macpherson
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-6553
Email: rory.macpherson@ogilvy.com
In the U.S.:
Thomas Smith
Ogilvy Public Relations Worldwide (New York)
Tel: +1-212-880-5269
Email: thomas.smith@ogilvypr.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840
Baidu.com, Inc.
CONTACT: China - Lynn Lin of Baidu.com, Inc., +86-10-8262-1188 x8239, or ir@baidu.com, or Rory Macpherson of Ogilvy Public Relations Worldwide (Beijing), +86-10-8520-6553 or rory.macpherson@ogilvy.com, or in US - Thomas Smith of Ogilvy Public Relations Worldwide (New York), +1-212-880-5269, or thomas.smith@ogilvypr.com, both for BAIDU
Web site: http://www.baidu.com/
Hitachi Data Systems Selects Ogilvy PR as U.S. Agency of RecordOgilvy PR Technology Practice to Represent Storage Solutions Leader
SAN FRANCISCO, June 26 /PRNewswire-USNewswire/ -- Hitachi Data Systems Corporation, a wholly owned subsidiary of Hitachi, Ltd. and the only provider of Services Oriented Storage Solutions, has selected Ogilvy Public Relations Worldwide (Ogilvy PR) as its agency of record in the U.S. Ogilvy PR will develop communications strategies designed to propel corporate brand exposure with external business and technology audiences, as well as promote Hitachi Data Systems market leadership across three key areas-storage virtualization, green storage and data protection/security. The comprehensive communications programs will include elements of traditional media, industry analyst and investor relations. In addition, Ogilvy PR will provide counsel in support of social media campaigns including viral videos, blogs and community Web sites.
"Ogilvy PR's strong combination of domain expertise in storage combined with proven, solid experience in industry analyst relations, financial communications and social media was a perfect fit for our needs," said Mary Ann Gallo, director of Global Public Relations, Hitachi Data Systems. "The team is innovative, bold and creative. Just days after partnering, Ogilvy PR ramped up quickly to ensure a smooth and successful acquisition announcement. In the subsequent four months, our unified PR team has facilitated numerous important analyst and media relations programs, as well as executed a hugely successful campaign supporting the launch of our flagship storage services platform, the Hitachi Universal Storage Platform V."
"As the clear market leader and visionary in the storage industry, Hitachi Data Systems is a strategic client for us," said Luca Penati, managing director of Ogilvy PR's Global Technology Practice. "They require a team that is familiar with the complexity of the storage industry, yet able to go beyond just pure, traditional tech PR-a team that knows how to create thought leadership campaigns and link those campaigns to concrete, business results. In addition, they are a collaborative and innovative team, pushing the PR envelope with fresh ideas and projects, and we at Ogilvy PR look forward to a long, productive partnership."
Ogilvy PR is currently Hitachi Data Systems' agency of record in Asia- Pacific. Led by Ogilvy PR's Technology Practice, the U.S. client relationship will be based in Ogilvy PR's San Francisco office.
About Hitachi Data Systems
Hitachi Data Systems Corporation provides Services Oriented Storage Solutions that enable heterogeneous storage to be dynamically provisioned according to business needs and centrally managed via industry-leading Hitachi storage virtualization software. As an integral part of the Hitachi Storage Solutions Group, Hitachi Data Systems delivers storage infrastructure platforms, storage management software, and storage consulting services through direct and indirect channels in over 170 countries and regions. Its customers include nearly 60-percent of Fortune 100 companies. For more information, visit the company's Web site at http://www.hds.com/.
About Ogilvy Public Relations Worldwide
Ogilvy Public Relations Worldwide (Ogilvy PR) is a leading global marketing communications firm, with offices in more than 60 cities around the world. In its 26th year, Ogilvy PR provides strategic public relations counsel to a variety of clients across its consumer marketing, corporate, healthcare, technology, public affairs, social marketing and entertainment practices. The agency also offers biotechnology and government affairs expertise through its subsidiaries Feinstein Kean Healthcare and Ogilvy Government Relations, respectively. Ogilvy Public Relations Worldwide is part of the WPP Group, one of the world's largest communications services organizations . For more information, visit our Web site at http://www.ogilvypr.com/.
Ogilvy Public Relations Worldwide
CONTACT: Rachel Foltz of Ogilvy Public Relations Worldwide, +1-202-729-4208, rachel.foltz@ogilvypr.com
Web site: http://www.ogilvypr.com/ http://www.hds.com/ http://www.wpp.com/
Crailar Fiber Technologies(TM) Enters into Master Agreement for Technology Development and Exclusive, Worldwide Licensing Deal With Alberta Research Council--Agreement Includes Development of Bast Fiber Technology and Use of New Intellectual Property--
PORTLAND, Ore., June 26 /PRNewswire-FirstCall/ -- Crailar Fiber Technologies(TM), a subsidiary of Naturally Advanced Technologies, Inc. (NAT, OTC Bulletin Board: NADVF), the leading provider of sustainable, environmentally friendly fibers and fabrics, has entered into a Master Agreement for Technology Development -- an agreement with the Alberta Research Council (ARC) for the development of bast fiber technology.
Under the agreement, Crailar Fiber Technologies (CFT) has the option for an exclusive, royalty-bearing worldwide license to use the new intellectual property developed by the Alberta Research Council on bast fibers. The Master Agreement will serve as an umbrella for various project agreements, the first of which will be the development of a sustainable, organic moisture management fiber for both winter and summer performance apparel applications, currently referred to as Crailar X-Series(R), a high performance fiber that is not reliant on environmentally harmful petroleum-based products.
Ken Barker, CEO of Naturally Advanced Technologies, said, "This agreement with ARC and our ongoing collaboration for the commercialization of Crailar fiber technology has led to what we believe is a revolutionary application for sustainable organic fibers. The performance apparel market has to date been created from fossil fuel based products with inherent drawbacks in many steps of the product life cycle. The Crailar development, referred to as Crailar X-Series, allows us to enter a far more dynamic sector of the apparel market; one that I have been deeply passionate and involved in for the past 25 years."
Under the agreement, Crailar Fiber Technologies will pay ARC a quarterly sum to support the collaboration and a royalty on any sales. A portion of the royalty will be used to fund future bast fiber development within ARC.
"We are very proud of this advancement in our core product offerings and delighted that the technology has had an opportunity to flourish through our work with ARC," continued Barker. "Advanced composites manufacturing applications are potentially a large opportunity; and an added bonus is our fiber processing by-products can be used as a bio fuel source that has multiple beneficial uses. These are industry altering inventions and we are privileged to have the opportunity to be a part of global initiatives that create a sustainable, healthier planet."
About Naturally Advanced Technologies, Inc
Naturally Advanced Technologies Inc. (NAT, OTC Bulletin Board: NADVF), http://www.naturallyadvanced.com/, is the leading provider of sustainable, environmentally friendly fibers and fabrics as well as the development of bast fiber processes(TM). The company was founded in 1995 in response to the growing demand for environmentally friendly, socially responsible clothing and has evolved into two operating entities: HT Naturals and Crailar(TM) Fiber Technologies. NAT adheres to a "triple bottom line" philosophy, respecting the human rights of employees, the environmental impact of the company's operations and fiscal responsibility to its shareholders.
The company is led by Ken Barker, who brings over 25 years of executive level apparel expertise with a global perspective to NAT. Barker's elite career includes serving as Director of Apparel for Adidas, America; Business Unit Manager of Apparel for Adidas, Canada and Head of USA Apparel Business, Adidas; General Merchandise Manager, Levi Strauss, Canada, and founder of his own successful sports apparel company in his native South Africa.
Safe Harbor Statement
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Exchange Act of 1934 and the provisions of the Private Securities Litigation Reform Act of 1995 and is subject to safe harbor created by these sections. Actual results may differ materially due to a number of risks, including, but not limited to, technological and operational challenges, needs for additional capital, changes in consumer preferences, risks associated with: market acceptance and technological changes; dependence on manufacturing and material supplies providers; international operations; and competition.
Contact: Cheryl Roth, OrganicWorks Marketing, 212.253.0474, Cheryl@organicworksmarketing.com
Naturally Advanced Technologies, Inc.
CONTACT: Cheryl Roth of OrganicWorks Marketing, +1-212-253-0474, Cheryl@organicworksmarketing.com, for Naturally Advanced Technologies, Inc.
Web site: http://www.naturallyadvanced.com/
ITT Corporation to Acquire International Motion ControlAcquisition to enhance ITT's global motion and flow control capabilities
WHITE PLAINS, N.Y., June 26 /PRNewswire-FirstCall/ -- ITT Corporation today announced it has executed an agreement to acquire privately held International Motion Control (IMC) for $395 million. IMC is a global developer of motion control products with 2006 revenues of approximately $200 million. The transaction, which is subject to normal closing conditions, is expected to be completed in the third quarter.
"The IMC acquisition aligns exceedingly well with our strategy to grow the ITT Motion and Flow Control business globally. IMC adds a complementary mix of highly engineered, mission-critical products to expand our core capabilities in specialty energy absorption and motion control applications," said Steve Loranger, chairman, president and chief executive officer of ITT. "We look forward to welcoming IMC's talented workforce and strong customer base to the ITT family."
IMC is a market leader in the manufacture of specialty energy absorption, industrial and aviation control and automation technology under the brand names of Burny, Enidine, Compact Automation, CMC, and Midland-ACS, among others. Under brand names including Koni, Jabsco, Neodyne, Rule and Flojet, ITT's Motion and Flow Control group produces leading products for the marine and leisure, transportation, aerospace, telecommunications, and industrial markets. Nick Hill, president of the ITT Motion and Flow Control group, will continue to lead the integrated organization.
"For more than four decades, our customers have known IMC for its technological expertise, problem-solving approach and exemplary customer service," said Patrick Lee, chairman and chief executive officer of IMC. "We found ITT to share these core characteristics and together expect to continue this tradition as we enter this exciting new chapter in our history."
Headquartered in Buffalo, N.Y., IMC employs 1,000 people in 11 manufacturing facilities -- three in the Asia Pacific region, six in the United States and two in Europe. Nearly half of IMC's revenues come from outside the United States.
While the impact of this transaction is projected to be slightly dilutive to ITT's earnings per share in 2007, the company continues to expect 2007 EPS to be in the range of $3.44 to $3.50. The transaction is expected to be accretive to earnings in 2008.
ITT's senior management will host a conference call for investors today, Tuesday, June 26, at 9:00 a.m. Eastern Daylight Time to review the IMC acquisition and answer questions. The briefing can be monitored live via webcast at the following address on the company's Web site: http://www.itt.com/ir.
About ITT Corporation
ITT Corporation (http://www.itt.com/) supplies advanced technology products and services in several growth markets. ITT is a global leader in the transport, treatment and control of water, wastewater and other fluids. The company plays a vital role in international security through its defense communications and electronics products; space surveillance and intelligence systems; and advanced engineering and related services. It also serves the growing leisure marine and electrical connectors markets with a wide range of products. Headquartered in White Plains, N.Y., the company generated $7.8 billion in 2006 sales. In addition to the New York Stock Exchange, ITT Corporation stock is traded on the Euronext and Frankfurt exchanges.
"Safe Harbor Statement" under the Private Securities Litigation Reform Act of 1995 ("the Act"):
Certain material presented herein includes forward-looking statements intended to qualify for the safe harbor from liability established by the Act. These forward-looking statements include statements that describe the Company's business strategy, outlook, objectives, plans, intentions or goals, and any discussion of future operating or financial performance. Whenever used, words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target" and other terms of similar meaning are intended to identify such forward-looking statements. Forward-looking statements are uncertain and to some extent unpredictable, and involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed in, or implied from, such forward-looking statements. Factors that could cause results to differ materially from those anticipated by the Company include general global economic conditions, decline in consumer spending, interest and foreign currency exchange rate fluctuations, availability of commodities, supplies and raw materials, competition, acquisitions or divestitures, changes in government defense budgets, employment and pension matters, contingencies related to actual or alleged environmental contamination, claims and concerns, intellectual property matters, personal injury claims, governmental investigations, tax obligations, and changes in generally accepted accounting principles. Other factors are more thoroughly set forth in Item 1. Business, Item 1A. Risk Factors, and Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Statements in the ITT Corp. Annual Report on Form 10-K for the fiscal year ended December 31, 2006, and other of its filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
ITT Corporation
CONTACT: Andy Hilton of ITT Corporation, +1-914-641-2160, andy.hilton@itt.com
Web site: http://www.itt.com/ http://www.itt.com/ir
Mobile Content Networks, Inc. Signs Worldwide Support Agreement with AtlasTG
REDMOND, Wash., June 26 /PRNewswire-FirstCall/ -- Tribeworks, Inc. (BULLETIN BOARD: TWKS) announced that it's primary operating subsidiary Atlas Technology Group, has signed a multi-year support agreement with Mobile Content Networks, Inc. (MCN).
The agreement calls for AtlasTG to provide worldwide network management and technical support of MCN's industry leading real-time search platform designed for the mobile marketplace. MCN's rapidly expanding customer base includes Total Access Communications Plc (DTAC), one of Thailand's largest mobile phone operators with over twelve million subscribers, and NTT DoCoMo, the world's leading mobile communications company. DoCoMo serves more than 52 million customers.
David Kurtz, MCN Vice President of Products, states: " We are offering our customers, and their tens of millions of subscribers, an unprecedented high level of uptime and support, which is critical for us. The support experience of the AtlasTG management team, coupled with their state-of-the-art monitoring capabilities and systems, resulted in a natural fit between our companies"
AtlasTG is in the process of implementing it's monitoring and support tool-sets into MCN's US, Asian, and other data centers, and providing 24X7X365 support worldwide. The highly proactive system will enable instantaneous information, management, and reporting of MCN's highly complex mobile search capabilities, while being additionally supported by multi-lingual support centers.
Michael Murphy, COO of AtlasTG, and a former Senior Director at Microsoft, states that "MCN has the winning mobile search technology and business model, and we look forward to supporting their exciting technology, together with growing their rapidly expanding customer base".
About Mobile Content Networks, Inc.
MCN is the leading provider of real-time mobile search services, supporting operators and content providers worldwide. MCN operates MobileSearch.net an agile, scalable, and global search platform that allows partners to drive traffic to content and create sustainable and profitable search businesses. MCN's patent-pending technology is based on a real-time search model that supports virtually all content sources, all languages, and any type of mobile client software. MCN-hosted mobile search solutions are delivering unrivaled end user experiences that continue to set new standards for the mobile industry. MCN was founded in late 2004 as an outgrowth from a two-year research and development project in mobile search. MCN has offices in Silicon Valley, Japan and Finland. MCN's international team has unparalleled experience building and managing real world search and mobile content solutions for the industry's leaders and pioneers. For more information, please visit http://www.mcn-inc.com/.
About Atlas Technology Group
AtlasTG, is Tribeworks, Inc.'s primary operating subsidiary, and provides outsourced application software support services for clients with large information technology functions worldwide. The company specializes in remotely supporting custom-built applications and networks, using proprietary process, monitoring, and management systems. AtlasTG has pioneered leading edge proactive monitoring and support tools, allowing for an unmatched level of service for highly complex software and network systems, which allows IT departments of all sizes to benefit from outsourcing these functions. http://www.atlastg.com/ The company operates data centers in Seattle and Malta, in addition to providing support services from centers in Gzira, Malta, Wellington, New Zealand, and Seattle, Washington. For more information please visit http://www.tribeworks.us/
This release shall not constitute an offer to sell or the solicitation of an offer to buy securities to/from any person, nor there any sale of these securities in any jurisdiction in which it is unlawful to make such an offer or solicitation. A number of statements in this press release are forward- looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the SEC. The actual results that the Company may achieve may differ materially from any forward- looking statements due to such risks and uncertainties.
Tribeworks, Inc.
CONTACT: Peter Jacobson, +1-949-274-3633, for Tribeworks, Inc.
Web site: http://www.tribeworks.us/ http://www.atlastg.com/ http://www.mcn-inc.com/
BluePhoenix Successfully Migrates Billing System as Part of Multi-Million Dollar Modernization Project for Israel Local AuthoritiesSystem Goes Live; Migration From ADABAS/Natural to Java/J2EE Will Improve Profitability, Productivity, Efficiency and Reduce TCO by 40%
HERZLIYA, Israel, June 26 /PRNewswire-FirstCall/ -- BluePhoenix Solutions , the leader in value-driven legacy modernization, today announced that Israel Local Authorities Data Processing Center (LADPC) has gone live with a successfully migrated billing system, part of a multi-million dollar modernization project involving billing, finance, human resource and payroll applications.
The $2.25-million modernization project is a component of LADPC's $6.7-million service bureau upgrade undertaken at its service bureau and its municipalities. The LADPC provides IT services to more than 250 of Israel's municipal authorities, serving more than 5,000 users.
The modernization of LADPC's legacy billing system to open systems will increase profitability and provide significant cost savings by enabling LADPC to run the application solely on a UNIX server instead of bearing the higher costs associated with mainframe maintenance and licensing fees. LADPC estimates that total cost of ownership will decrease by 40% and the project's payback period will be less than two years. In addition, LADPC will employ Oracle RDBMS and JAVA instead of the costly and less flexible ADABAS/Natural. LADPC also expects to realize substantial savings on manpower training associated with its legacy billing system.
The modernized billing application will improve the services LADPC offers to its clients, provide a Web-based graphical user interface to increase usability, and enable it to offer new services, such as sophisticated reporting capabilities.
According to Gilad Rabinovich, CEO of LADPC, "We were extremely pleased at both the short duration and smooth transition of the migration project and anticipate a rapid return on our investment. We were fortunate to work with BluePhoenix, which offers the only fully automated conversion solution to migrate our legacy environment to Java/J2EE."
The project was performed using BluePhoenix(TM) IT Discovery, BluePhoenix(TM)DBMSMigrator for ADABAS/Natural and BluePhoenix(TM)PlatformMigrator tools.
"We're excited about this significant milestone," said Arik Kilman, CEO for BluePhoenix. "The LADPC project highlights our ability to rapidly modernize a wide range of legacy systems to newer platforms, databases and languages. We look forward to working with LADPC to achieve a successful completion of the remaining portions of this project."
About LADPC
Israel Local Authorities Data Processing Center was established in 1968 by the Ministry of Interior and the Union of Local Authorities. It operates as a public company, with the local authorities owning 60% and the Government of Israel owning 40% of the founding shares. Offering the most comprehensive, integrative computer networking system in Israel, the company is dedicated to improving the efficiency and productivity of the country's local authorities. The LADPC serves over 5,000 users connected by over a 150 nodes' network. It provides real time service information from four central offices - located in Tel Aviv, Jerusalem, Beersheba and Haifa. LADPC provides all 263 of Israel's municipal authorities with a range of services including: HR and Salary services, Finance services, Billing services as well as tools for population management, online access to Government Ministries and banks, and joint operations with municipal staff.
About BluePhoenix Solutions (http://www.bphx.com/)
BluePhoenix Solutions is a leading provider of value driven modernization solutions for legacy information systems. BluePhoenix's offering includes a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, rehosting and renewal. Leveraging over twenty years of best practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime.
BluePhoenix's solutions serves companies from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing and retail. Among its prestigious customers are: Aflac, DaimlerChrysler, Danish Commerce and Companies Agency, Europe Assistance, Lawson Products, Los Angeles County Employees Retirement Association, Merrill Lynch, SDC Udvikling and TEMENOS. BluePhoenix has 13 offices in the U.S., UK, Denmark, Germany, Italy, Romania, Russia, Cyprus and Israel.
SAFE HARBOR: Certain statements contained in this release may be deemed forward-looking statements, with respect to plans, projections, or future performance of the Company, the occurrence of which involves certain risks and uncertainties that could cause actual plans to differ materially from these statements. These risks and uncertainties include but are not limited to: market demand for the Company's tools, successful implementation of the Company's tools, competitive factors, the ability to manage the Company's growth, the ability to recruit and retrain additional software personnel, and the ability to develop new business lines. This press release is also available at http://www.bphx.com/. All names and trademarks are their owners' property.
Company Contact
David Leichner
BluePhoenix Solutions
+972-9-952-6105
dleichner@bphx.com
Investor Relations
Paul Holm
H.L. Lanzet
+1-212-888-4570
paulmholm@gmail.com
BluePhoenix Solutions Ltd.
CONTACT: Company Contact: David Leichner, BluePhoenix Solutions, +972-9-952-6105, dleichner@bphx.com; Investor Relations: Paul Holm, H.L. Lanzet, +1-212-888-4570, paulmholm@gmail.com
Amdocs Wins 'Overall Best Contribution to BSS' AwardThe 2007 World BSS Award recognizes the Amdocs 7 suite as having the greatest impact on business support systems (BSS) landscape
ST. LOUIS, June 26 /PRNewswire-FirstCall/ -- Amdocs , the leading provider of customer experience systems, today announced it has won the 2007 World BSS award (formerly the World Billing Awards) in the "Overall Best Contribution to BSS" category for its Amdocs 7 suite. Launched earlier in 2007, Amdocs 7 is the first software suite designed to allow service providers to offer customers access to any service, over any network, at any time and on any device, which is made possible by the move to next-generation networks and the convergence of voice, video, data, content, and entertainment. The 2007 World BSS Awards were presented at a gala dinner at the Honorable Society of Lincoln's Inn, London, in conjunction with the IIR Billing & Information Management Systems 2007 event.
"The "Overall Best Contribution to BSS" award was presented to Amdocs for being at the vanguard of customer experience systems innovation and for introducing Amdocs 7," said Hugh Roberts, Chairman of the World BSS Judging Panel. "We believe that Amdocs 7 has every opportunity to fulfill its promise and help service providers achieve and profit from service convergence. We were also strongly impressed by the care and attention that had gone into the development of the Enterprise Product Catalog. By providing a single view of all product information, it helps address customer expectations for innovative offers and accurate offer information across all touchpoints, ensuring a customer experience that is personal and immediately valuable."
With Amdocs 7, complimented by the Amdocs Qpass Digital Commerce Solution and the Amdocs Cramer OSS suite, Amdocs offers an unmatched breadth of standards-based, modular products to address revenue management, customer management, digital commerce management, and service and resource management. Leveraging the dynamic, continuously perfected collection of Amdocs business process management (BPM) best practices, Amdocs 7 allows service providers a low-risk evolution to next-generation networks and service convergence, shortening time-to-solution and improving service quality, while reducing operational costs.
Amdocs 7 drives innovative customer experiences associated with next- generation convergent offerings. The suite offers the most advanced digital commerce management capabilities on the market today. Its new Advanced Recurring Charge Manager enables advanced support for video-based services. In addition, it provides improved support for hybrid prepaid-postpaid accounts and real-time service delivery.
Amdocs 7 also ensures an integrated and intentional customer experience in a multi-play environment by streamlining operations. It incorporates upgrades to the customer-facing systems and bridges the gap between these systems and the network-facing systems with new products such as Amdocs B/OSS Manager. This enables seamless and personalized customer interactions, despite growing service complexity. It also provides a common product foundation and allows centralized management of customer and product information with innovative applications such as Amdocs Enterprise Product Catalog. In addition, it offers built-in support for IP Multi-media Subsystem or IMS-based offerings and incorporates service oriented architecture (SOA) capabilities.
"Amdocs products and services impact the customer experiences of more than 1.3 billion people around the world, delivered by approximately 150 service providers. We are proud to leverage that to deliver Amdocs 7 to the market," said Michael Matthews, chief marketing officer at Amdocs. "This award, in addition to other awards and accolades garnered by Amdocs 7, is testament to the fact that the market is recognizing that delivering an innovative, integrated and intentional customer experience is imperative for service providers, and is the only true source of differentiation."
About The World BSS Awards 2007
The World BSS Awards help raise awareness of the significance of billing and information management processes to the communications industry, identifying key trends and rewarding BSS best practice. They are widely regarded as the highest industry recognition of BSS excellence. Launched in 1997, this will be the 11th year that these important awards will be presented in conjunction with the IIR Billing & Information Management Systems conference, the flagship event in IIR's Billing, IT, Customer Care & Revenue Management portfolio of conferences. Now in its 14th year, the event offers an unparalleled learning experience, plus the opportunity to meet all of the key Billing, IT/IS, Business and Operational Support, Customer Management and Revenue Assurance decision makers under one roof at one time.
About Amdocs
Amdocs is the market leader in customer experience systems innovation, enabling world-leading service providers to deliver an integrated, innovative and the intentional customer experience(TM) - at every point of service. Amdocs provides solutions that deliver customer experience excellence, combining the software, service and expertise to help our customers execute their strategies and achieve service, operational & financial excellence. A global company with revenue of $2.48 billion in fiscal 2006, Amdocs has over 16,000 employees and serves customers in more than 50 countries around the world. For more information, visit Amdocs at http://www.amdocs.com/.
Amdocs Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business segments it serves, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future, however the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2006, filed on December 13, 2006 and in our quarterly 6-K furnished on February 6 and May 11, 2007.
Media Contact:
Caitlin Snavely
Access Communications for Amdocs
Tel: 1-917-522-3526
E-Mail: csnavely@accesspr.com
Amdocs
CONTACT: Caitlin Snavely, Access Communications for Amdocs, +1-917-522-3526 or csnavely@accesspr.com
Web site: http://www.amdocs.com/
ALONG Mobile Technologies Inc. to Launch 'Hello Kitty' Sports Series Games
XIAN, China, June 26 /Xinhua-PRNewswire-FirstCall/ -- ALONG Mobile Technologies Inc. (BULLETIN BOARD: AGMB) , a leading provider of wireless interactive entertainment products and services to customers in China, today announced that it has reached an cooperation agreement with Beijing You Jie Le Communication Technologies Co., Ltd to develop and launch a series of " Hello Kitty" mobile games. Under the agreement, Beijing You Jie Le Communication Technologies Co., Ltd will provide the legal copyright and publishing right in China of the subject mobile phone game.
The new mobile game is based on the highly successful and widely popular cartoon character-Hello Kitty. The mobile game will allow fans of the cartoon and casual gamers the chance to experience a real sports meeting with the Hello Kitty and other three athletes. This game will greatly attract the player's interesting and acquire large downloading volume in the period of the Olympic Games hosted by China.
Mr. Li Jianwei, CEO of ALONG Mobile Technologies, Inc. said: "We are very excited to be able to offer the viewers of ''Hello Kitty's Sports Meeting'' several high-quality mobile games. With the game, we are able to extend the successful program to our mobile division whilst improving our brand prestige. We are confident this move will deliver a truly enjoyable mobile game experience for Hello Kitty fans and gamers alike."
The mobile games will be available as a download at the Treasury Box of the Mobile Network of mobile phones. The game is scheduled for release at the middle to the end term of July, 2007.
About Beijing You Jie Le Communication Technologies Co., Ltd
Beijing You Jie Le Communication Technologies Co. Ltd is a company mainly engaged in developing some GPRS-based application and service for China Mobile subscribers, including mobile phone ''Treasure Box'' multi-media MMS and WAP, etc. Currently the company is focusing on developing and providing various kinds of mobile phone services to China Mobile subscribers through mobile internet and the ''Treasure Box'' platform, such as mobile Kara OK and mobile downloads, and besides. It also introduces, develops and provides VOD-based Kara OK, online games, mobile business, mobile chatting and some internet- based high level applications according to the market and network status, which help to form a comprehensive mobile internet service platform.
For more information, please visit http://www.joyle.com.cn/ .
About ALONG
ALONG Mobile Technologies Inc. (OTC BB: AGMB.OB) is a public U.S. corporation, registered in Nevada State with the headquarter in Xi'an and a leading mobile value-added services provider of award winning mobile technology, content, games and applications in China. Our Wireless Applications are intended to be downloaded by customers on a fee-basis by means of our proprietary public downloading terminals mainly located at the public places. For more information about ALONG, please visit http://www.alonggame.com/ . Customers will soon be able to download our games via http://www.whatplay.cn/ .
Forward-looking statement
Certain information contained in these materials is 'forward-looking' information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.
For more information, please contact:
Michael Wang
ALONG Mobile Technologies Inc.
Tel: +86-29-8836-0097
Fax: +86-29-8836-0090
Email: michaelwang@alonggame.com
Web: http://www.alonggame.com/
ALONG Mobile Technologies Inc.
CONTACT: Michael Wang of ALONG Mobile Technologies Inc., +86-29-8836-0097, or fax, +86-29-8836-0090, or michaelwang@alonggame.com
Web Site: http://www.alonggame.com/ http://www.whatplay.cn/ http://www.joyle.com.cn/
Denali's Verification Software for Flash Memory Systems Leveraged by SST for Mobile and Wireless Applications
PALO ALTO, Calif., June 26 /PRNewswire/ -- Denali Software, Inc., a world-leading provider of electronic design automation (EDA) software and intellectual property (IP), today announced that its MMAV(TM) verification IP software has been applied by SST (Silicon Storage Technology, Inc., Nasdaq: SSTI), a leader in flash memory technology. SST incorporated Denali's MMAV solution to simulate the PSRAM features in its next-generation combination flash memory devices while streamlining time-to-market advantages.
"Denali's MMAV verification IP solution played a key role in enabling us to meet our device design specifications," said Ian Yue, senior vice president, design engineering at SST. "By giving us the capability to observe and operate on system-level data transactions during simulation, MMAV optimized design simulation, accelerated the verification process and delivered excellent turn-around time performance."
Denali's MMAV verification IP provides a comprehensive solution for modeling and simulating memory devices for chip and system level design. Developers use MMAV to simulate virtually any memory device from any memory vendor. A library of over 10,000 supported memory devices, including SST's memory models and specifications, can be accessed at: http://www.ememory.com/.
"Designers require the highest-quality verification IP solution to verify their memory subsystems, particularly when developing custom combination PSRAM-Flash devices for high-performance, low-power mobile and wireless applications," said David Lin, vice president of product marketing for Denali. "We are pleased to be working with SST and help them continue to meet their rigorous standards for quality and performance."
About Denali Software
Denali Software, Inc. is a world-leading provider of electronic design automation (EDA) software and intellectual property (IP) for system-on-chip (SoC) design and verification. Denali delivers the industry's most trusted solutions for deploying PCI Express, NAND Flash and DDR DRAM subsystems. Developers use Denali's EDA, IP and services to reduce risk and speed time-to- market for electronic system and chip design. Denali is headquartered in Palo Alto, California and has offices around the world to serve the global electronics industry. More information about Denali, its products and services is available at http://www.denali.com/.
Denali and Denali Software are registered trademarks of Denali Software, Inc. MMAV is a trademark of Denali Software, Inc. All other trademarks are of their respective owners.
Editorial contact:
Pierre Golde
Denali Software, Inc.
(650) 461-7262
pgolde@denali.com
Denali Software, Inc.
CONTACT: Pierre Golde of Denali Software, Inc., +1-650-461-7262, pgolde@denali.com
Web site: http://www.denali.com/ http://www.ememory.com/
DigitalFX International Announces Launch of helloWorld.com in Spain, Italy, France and the NetherlandsNow More than 78 million Internet Users in Europe Will Be Able to Easily and Affordably Stream Live Video, On-Demand Video, and Send Video Email
LAS VEGAS, June 26 /PRNewswire-FirstCall/ -- DigitalFX International, Inc. (BULLETIN BOARD: DFXN.OB) , a digital communications company, announced today that its streaming media showcase and multiple format media storage vault, The Studio, is now available on its social network, helloWorld.com to residents of Spain, Italy, France and the Netherlands as part of its continued European expansion.
The Company plans to enroll subscribers to its helloWorld social networking site and its proprietary product, The Studio, which enables individuals, businesses and members of social networks to easily conduct live streaming web casts, send video emails, group chat with video IM, post videos on demand for viewing in multiple player formats, and through multiple digital devices. The Studio also allows users to upload all their digital assets, including pictures, mp3s, and videos into its robust media vault for storage and sharing online. As in the flagship product in the United States the Studio will provide all these solutions starting at the affordable monthly price of euro 10.49.
CEO Craig Ellins of DigitalFX International said, "DigitalFX simplifies scattered digital lives by giving consumers one easy-to-use, robust media vault to upload, store, and share their digital music, photos and streaming videos, as well as create their own live or on demand streaming videos. Plus they are no longer shackled to a single media player format. Finally, you can play your digital assets on your iPod in the morning, your flash player in the afternoon and your Sony PSP in the evening because we do all the transcoding in our easy-to-use Studio. DigitalFx is proud to offer these solutions to a growing number of countries in Europe."
Christopher Bolsover, president of international development for DigitalFX International's marketing division, said, "This is part of our ever growing European expansion. Adding Spain, Italy, France and the Netherlands to our recent launch in Ireland and Germany represents a potential 78 million new Internet users for our products and services. We anticipate an enthusiastic reception in these countries, as more than 12 million of these users are accessing the Internet via DSL or higher."
Bolsover added, "Today, approximately $2 billion a year is spent on streaming media services in the US, alone. This number is projected to grow to $12 billion in the next few years, according to industry analysts. The success of single-function websites such as YouTube, MySpace and WebEx underscores the huge potential for helloWorld.com, which provides social networking, self-generated media publishing, digital asset management and streaming services in one convenient location.
About DigitalFX International, Inc.
DigitalFX International (BULLETIN BOARD: DFXN.OB) is a creator of digital communications and social networking solutions, as showcased on its social networking site http://www.helloworld.com/. The Company develops and markets proprietary communication and collaboration services, and social networking software applications, including video email, video instant messaging and live webcasting. DigitalFX International is democratizing the world of online streaming video and digital media archiving with its flagship product, called The Studio. The Studio is an affordable, cross digital platform web-based solution. Only the DigitalFX Studio brings together all this capability, simply and in one place.
For more information about DigitalFX please visit us at http://www.digitalfx.com/.
To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, News Alerts and other pertinent information, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward- looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward looking statements if they comply with the requirements of the Act.
Contact Info:
Alison Simard
Media Relations
Stern & Co.
323-650-7117
Arun Chakraborty
Investor Relations
Stern & Co.
212-888-0044
DigitalFX International, Inc.
CONTACT: media, Alison Simard, +1-323-650-7117, or investors, Arun Chakraborty, +1-212-888-0044, both of Stern & Co., for DigitalFX International, Inc.
Web site: http://www.digitalfx.com/ http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0 http://www.helloworld.com/
Magic Software Subsidiary Signs Initial $1.3 Million Agreement with KLM Cargo- Hermes Logistics Technologies to Deliver a State-of-the-Art Cargo Management System at KLM's Amsterdam Hub
OR YEHUDA, ISRAEL, June 26 /PRNewswire-FirstCall/ -- Magic Software Enterprises Ltd. , announced today that its wholly owned subsidiary, Hermes Logistics Technologies, a leading provider of air cargo management solutions, has signed an agreement with KLM Cargo to deliver a state-of-the-art cargo management system for the KLM Cargo Hub at Amsterdam's Schiphol Airport. The initial phase of the agreement is valued at over US $1.3 million, to be recognized over an 18-month period. The comprehensive system, based on Hermes' innovative cargo management solution, is due to be gradually rolled out into the KLM Cargo hubs during 2007 and 2008. It will enable KLM Cargo to further increase its efficiency by consolidating IT systems and by introducing real-time data captured throughout the hub's warehouse.
Hermes will enable KLM Cargo to leverage the advantages of mobile handheld terminals to track and manage cargo in real-time within their cargo hub. Hermes will also allow KLM Cargo to employ proactive service level management of all shipments with its built-in warnings and automatic reminders to operational staff. The Hermes system is powered by eDeveloper(TM), Magic Software's award-winning composite application platform.
Mattijs ten Brink, vice president of worldwide operations of KLM Cargo, comments, "We were looking for ways to reach that top level of efficiency out of an already slick operation and the Hermes system, combined with their considerable expertise within the air cargo industry, seemed the perfect match of real-time warehouse capability, flexibility, state-of-the-art technology and increased management control with a proven return on investment."
Barry Zigner, CEO of Hermes Logistics Technologies added, "We are delighted to be working with KLM on such a strategic facility. Having been selected by KLM Cargo, a major player in the market, is testimony to the unique benefits of increased efficiency and quality that Hermes brings to this industry."
David Assia, chairman and acting CEO of Magic Software, said, "We are very pleased that a major European airline, such as KLM, has chosen the Hermes cargo management solution, powered by eDeveloper, Magic Software's composite application platform. We strongly believe that our robust technology is ideal for effectively running large-scale real-time mission critical systems."
About KLM Cargo
For more than eighty-five years, KLM Cargo has been on the forefront of transporting and handling general and special cargo. Building on this experience, KLM Cargo offers a wide range of air transport services in the market, providing seamless connections throughout the world. The services KLM Cargo offers are developed in close cooperation with its customers, taking a close look at their transportation needs in the entire logistic process. KLM Cargo is a member of the SkyTeam Cargo Alliance.
About Hermes Logistics Technologies
Hermes Logistics Technologies, a UK-based company and a fully owned subsidiary of Magic Software Enterprises, develops, markets and supports software solutions that enable independent cargo ground handling agents and airlines to gain competitive edge by increasing service levels and operational efficiency while reducing operational costs. Hermes' products provide real- time data capture capability and availability of information, together with unique profiling abilities, that allow cargo handlers to realize measurable, accountable and tailored levels of services to their customers. For more information on Hermes Logistics Technologies and its products, visit http://www.hermes-cargo.com/.
About Magic Software Enterprises
Magic Software Enterprises has been a leader in enterprise application development, deployment and integration technology for more than two decades. The company's service-oriented (SOA) platforms are used by companies worldwide to develop, maintain, and deploy both legacy and new business solutions, while integrating these applications across both internal and external, heterogeneous environments. Magic Software's platform- independent methodology lets companies achieve agility by quickly assembling composite applications, allowing programmers to create services and architects and business analysts to orchestrate and reuse these services to enable business processes. Through partnerships with industry leaders such as IBM and SAP and more than 2500 ISVs worldwide, Magic Software technology is used by more than 1.5 million customers around the globe.
Magic Software is a subsidiary of the Formula Systems and Emblaze Group of companies.
For more information on Magic Software Enterprises and its products and services, visit http://www.magicsoftware.com/.
Except for the historical information contained herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based upon a number of factors including, but not limited to, risks in product and technology development, market acceptance of new products and continuing product conditions, both here and abroad, release and sales of new products by strategic resellers and customers, and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission.
Press contacts:
Steven L. Lubetkin
Public Relations Counsel
Magic Software Enterprises Ltd.
slubetkin@magicsoftware.com
Phone: +1-856-751-5491
Cell: +1-856-625-5502
Mary Lou Roberts
Magic Software Corporate Communications
Phone: 215-740-8976
mlroberts@magicsoftware.com
Magic Software Enterprises Ltd.
CONTACT: Steven L. Lubetkin, Public Relations Counsel of Magic Software Enterprises Ltd., +1-856-751-5491, cell: +1-856-625-5502, slubetkin@magicsoftware.com; Mary Lou Roberts of Magic Software Corporate Communications, +1-215-740-8976, mlroberts@magicsoftware.com
Web site: http://www.magicsoftware.com/ http://www.hermes-cargo.com/
Global Sources Included in Russell 3000(R) Index
HONG KONG, June 26 /Xinhua-PRNewswire-FirstCall/ -- Global Sources Ltd. has been included in the Russell 3000(R) Index.
Membership in the Russell 3000, which reflects the largest 3,000 US stocks as of the last trading day of May, is reconstituted each year at the end of June. The largest 1,000 companies in the ranking comprise the large-cap Russell 1000(R), while the remaining 2,000 comprise the small-cap Russell 2000(R), as well as a variety of growth and style indexes.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )
About Global Sources
Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other key business segment facilitates trade from the world to Greater China using Chinese-language media.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 600,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 1.8 million products and more than 150,000 suppliers annually through 13 online marketplaces, 12 monthly magazines, over 100 sourcing research reports and nine specialized trade shows which run 22 times a year across seven cities.
Suppliers receive more than 13 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com/ ) alone.
Global Sources has been facilitating global trade for 36 years. In mainland China it has over 1,700 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.
About Russell
Russell Investment Group aims to improve financial security for people by providing strategic advice, world-class implementation, state-of-the-art performance benchmarks, and a range of institutional-quality investment products. With more than $200 billion in assets under management, Russell serves individual, institutional and advisor clients in more than 40 countries. Russell provides access to some of the world's best money managers. It helps investors put this access to work in corporate defined benefit and defined contribution plans, and in the life savings of individual investors.
Founded in 1936, Russell is a subsidiary of Northwestern Mutual Life Insurance Company. Headquartered in Tacoma, Wash., U.S., Russell has principal offices in Amsterdam, Auckland, Hong Kong, Johannesburg, London, Melbourne, New York, Paris, San Francisco, Singapore, Sydney, Tokyo and Toronto.
Russell's indexes are unmanaged and cannot be investing in directly. For more information on Russell indexes, go to http://www.russell.com/ .
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Investor Contact in Asia:
Eddie Heng
Tel: +65-6547-2850
Email: eheng@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-602-978-7504
Email: strachan@globalsources.com
Global Sources Investor Contact in U.S.:
Moriah Shilton & Christiane Pelz
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: CPelz@lhai.com
Photo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b PR Newswire Photo Desk, photodesk@prnewswire.com
Global Sources
CONTACT: Press contact in Asia: Camellia So, +852-2555-5021, cso@globalsources.com; Press contact in U.S.: James W.W. Strachan, +1-602-978- 7504, strachan@globalsources.com, both of Global Sources; Investors contact in Asia, Eddie Heng of Global Sources, +65-6547-2850, eheng@globalsources.com; Investor Contacts in U.S.: Cathy Mattison & Christiane Pelz, +1-415-433-3777, or CPelz@lhai.com, both of Lippert/Heilshorn & Associates, Inc. for Global Sources
Web site: http://www.globalsources.com/ http://ww.russell.com/
Virtual Network Partners Chooses Endeavors Technologies Application Streaming Solution
IRVINE, California, June 26 /PRNewswire/ --
- New European Virtualization Distributor Accelerates Growth with
Endeavors' AppExpress
Endeavors Technologies Inc., the pioneer in application streaming, today
announced a pan-European distribution agreement with Virtual Network
Partners, a leading player in the market for integrated virtualization.
Virtual Network Partners has 14 infrastructure management resellers
across Europe and is expanding its network to offer Endeavors' AppExpress
application deployment and management solution. AppExpress is now a
fundamental leading edge component of vITILhub, Virtual's framework for
best-of-breed IT management and optimization products.
"Partnering with Endeavors allows us to offer the leading solution for
streaming applications on demand," said Mike Briercliffe, chairman and
founder. "AppExpress allows streamed applications to be delivered more
rapidly and easily than other solutions. Our technical team has previous
experience in this area with AppStream, including a number of early pilot
implementations, and the relationship we now have with Endeavors hits all the
right notes. We are pleased to conclude this agreement and incorporate
AppExpress with pride of place into our offering."
"Virtual's vITILhub approach has created a compelling portfolio of tools
and services," said Peter Bondar, CEO at Endeavors Technologies. "AppExpress
eases application delivery and management allowing organizations to be more
agile and responsive to users' computing requirements. Finding a team with
real life implementation experience in this field is a fantastic baseline and
we are very enthusiastic about the additional opportunities that this key
relationship with will bring."
About AppExpress
AppExpress is the leading application deployment and management solution
that enables the rapid deployment of software through the Internet or across
a corporate network. Applications then run on the desktop without code
modification, yet perform as if natively installed, regardless of whether the
desktop is connected to the Internet. The solution also provides
organizations with strong anti-piracy and license management control
features.
About Endeavors Technologies Inc.
Endeavors Technologies Inc., a California based subsidiary of Tadpole
Technology plc (London LSE TAD), together with its sister division, Stream
Theory Inc., creates, develops and markets innovative application streaming
technologies that allow servers to stream pc-based applications to client
computers where they are subsequently executed. These "next stage"
technologies replace thin client computing paradigms. Application streaming
enables organizations to reduce the total cost of ownership while improving
service levels, simplifying the management of computers while improving
security and reliability. This innovative distribution methodology provides
companies with new revenue opportunities while reducing IT costs and
increasing user productivity. Endeavors is a pioneer and thought leader with
eight patents granted and 25 pending, including the first patents granted for
streaming applications. Endeavors provides its solutions through licensing,
royalty and technology transfer models. See http://www.endeavors.com for more
details.
About Virtual Network Partners Limited.
Virtual Network Partners was formed in January 2007 and has acquired EMEA
distribution rights for an impressive technology stack, originally based upon
the Vector Networks product portfolio, together with the core UK-based
technical team from that company. In a relatively short time it has produced
its own "open management" framework, vITILhub, which enables the
inter-operation of technologies from a diverse range of product vendors,
including Vector, NetOp, Net-runna, Cy-nap, and now AppExpress. Other
relationships are being progressed in the areas of mobile data security, RFID
asset location and control and technologies such as patch management and BPM.
See http://www.virtualnetworkpartners.eu for more information on the company
and its offerings. All press enquiries on Virtual Network Partners initially
please to mike.briercliffe@virtualnetworkpartners.eu .
Media Contact:
Jan Tarzia
Endeavors Technologies Inc.
jtarzia@endeavors.com
+1-831-476-0570
Web site: http://www.endeavors.com
http://www.virtualnetworkpartners.eu
Endeavors Technologies Inc.
Jan Tarzia of Endeavors Technologies Inc., +1-831-476-0570, jtarzia@endeavors.com
Microsoft and Dassault Systemes Expand Alliance Into Virtual EarthMicrosoft's Virtual Earth platform combined with Dassault Systemes' technology will enable a more immersive and realistic 3-D environment.
REDMOND, Wash. and PARIS, June 26 /PRNewswire-FirstCall/ -- Microsoft Corp. and Dassault Systemes (DS), a world leader in 3-D and product lifecycle management solutions, today announced the extension of their alliance, committing to add advanced new features to Microsoft's Virtual Earth(TM) platform. Combining Microsoft's geolocalization technology with DS's proven 3-D modeling and realistic visualization know-how, this alliance will enable consumers to add an entirely new level of realism within Virtual Earth, providing an unrestricted freedom for creativity and innovation.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
"Together, our technologies will allow for a fusion of the real and virtual worlds that unleashes our imagined world and bridges it with the one we live in," said Bernard Charles, president and CEO, Dassault Systemes. "Our lifelike 3-D modeling solution will provide a robust dimension to Microsoft's powerful, immersive online mapping and visualization experience."
"Our alliance with Dassault Systemes represents a significant commitment to delivering an ever-increasing level of realism within the Virtual Earth platform," said Stephen Lawler, general manager of Virtual Earth at Microsoft.
This strategic alliance will leverage DS's exact 3-D modeling technologies, which are based on its CATIA world-class 3-D modeling capabilities. These capabilities will seamlessly integrate with Virtual Earth, facilitating design reuse and modifications for quicker design ramp-ups and innovations.
More information about the Microsoft-Dassault Systemes alliance can be found at http://www.3ds-microsoft.com/.
About Dassault Systemes
As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systemes (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA) brings value to more than 100,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systemes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance. The Dassault Systemes portfolio consists of CATIA for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA for virtual production - SIMULIA for virtual testing and ENOVIA for global collaborative lifecycle management, including ENOVIA VPLM, ENOVIA MatrixOne and ENOVIA SmarTeam. Dassault Systemes is listed on the Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges. For more information, visit http://www.3ds.com/.
About Microsoft
Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
Microsoft Corp.
CONTACT: Scott Trepanier, Waggener Edstrom Worldwide, +1-503-443-7000, scottr@waggeneredstrom.com, for Microsoft; or Rapid Response Team, Waggener Edstrom Worldwide for Microsoft, +1-503-443-7070, rrt@waggeneredstrom.com; or Mikiko Igarashi (AP), +81 3 5442 4138, mikiko_igarashi@ds-jp.com, or Derek Lane (Americas), +1-818-673-2243, derek_lane@ds-us.com, or Arnaud Malherbe (EMEA), +33 (0)1 55 49 87 73, arnaud_malherbe@ds-fr.com, all of Dassault Systemes
Web site: http://www.microsoft.com/
Autonomy Granted Special Security Agreement by U.S. Department of Defense
SAN FRANCISCO, June 26 /PRNewswire-FirstCall/ -- Autonomy Corporation plc today announced that on June 8, 2007, the U.S. Department of Defense (DoD) granted the company a Special Security Agreement (SSA). The SSA will be held by Verity, Inc., a part of the Autonomy Group. The granting of the SSA was the final step in a multi-year process undertaken by Autonomy, Verity and the DoD which included among other things:
- The establishment of a "Cleared Facility"
- The inspection and approval of the "Cleared Facility" by DoD officials
- The investigation and approval of certain Autonomy and Verity processes and personnel by DoD officials
Under the SSA, Verity will now administrate and hold clearances so as to better service the U.S. Department of Defense, U.S. intelligence agencies and the large systems integrators such as SAIC, Lockheed Martin, BAE, Microlink and Northrop Grumman who service these agencies.
"We are very pleased to have completed this process successfully and look forward to being able to better serve the needs of America's defense and intelligence communities," said Jack Warden, Vice President of Federal Operations.
The SSA took effect on June 8, 2007 and covers over 140 employees and one U.S.-based cleared facility. No other software vendor in the search space holds an SSA.
About Autonomy
Autonomy Corporation plc is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology forms a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, BI, CRM, KM, call center solutions, rich media management, compliance and litigation solutions and security applications, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base comprises more than 16,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Kraft Foods, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. Autonomy also has over 300 OEM partners and more than 350 VARs and Integrators, numbering among them leading companies such as BEA, Business Objects, Citrix, EDS, IBM Global Services, Novell, Stellent, Sybase, Symantec, TIBCO and Vignette. The company has offices worldwide.
The Autonomy Group includes: Aungate, specialist in real-time enterprise governance; Virage, a visionary in rich media management and security and surveillance technology; etalk, award-winning provider of enterprise-class contact center products and Cardiff, a leader in content capture and business process management solutions.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc.
Editorial Contacts:
Winifred Shum
Autonomy (US)
+1-408-542-2363
wshum@autonomy.com
Marijke Shugrue
Bite Communications
(US), +1-212-857-9376
marijke.shugrue@bitepr.com
Edward Bridges
Financial Dynamics (UK)
+44-207-831-3113
edward.bridges@fd.com
Autonomy Corporation plc
CONTACT: Editorial Contacts: Winifred Shum, Autonomy (US), +1-408-542-2363, wshum@autonomy.com; Marijke Shugrue, Bite Communications (US), +1-212-857-9376, marijke.shugrue@bitepr.com; Edward Bridges, Financial Dynamics (UK), +44-207-831-3113, edward.bridges@fd.com
RealPlayer Ushers in New Era in Internet VideoNew Version Available Today Enhances Consumers Control of Online Video
SEATTLE, June 26 /PRNewswire-FirstCall/ -- Digital entertainment services company RealNetworks(R) , announced that the much anticipated new RealPlayer(R) is now available for consumers to download for free at http://www.realplayer.com/. For the first time, consumers can use one application to record and download videos from tens-of-thousands of Web sites with a single click, bringing the digital video recorder (DVR) experience to the Web and ushering in a new era in Internet video.
(Photo: http://www.newscom.com/cgi-bin/prnh/20070626/AQTU097 )
"Our goal with the new RealPlayer is to enable consumers to watch Internet video whenever and wherever they want," said Rob Glaser, chairman and CEO of RealNetworks. "By making it 'one-click' simple to download, we're changing they way people experience online video."
Download, Search and Share
After installing the new RealPlayer, a "Download this Video" button will briefly appear in the consumer's Web browser whenever playing a video. With a single-click the video will begin downloading in the background, allowing the user to view other videos, switch to another site or even close their browser. For the first time, people can search thousands of sites across the Web for video content, regardless of format, directly from within the RealPlayer. During or after RealPlayer playback of a video clip users can click the new "Share Video Link" feature to email friends a link to the original location of the video.
Additional information about the new RealPlayer:
-- Multiple videos can be downloaded and recorded simultaneously. Users
can browse to new Web pages or close their browser while a download is
in process; the complete video will still be captured no matter when
the downloading feature is activated.
-- Users don't need to worry about the format of the video they are trying
to download. RealPlayer can capture online video in the most popular
formats including Flash, Windows Media, QuickTime and RealPlayer.
-- RealPlayer automatically recognizes and will not download video content
protected by DRM (digital rights management) systems.
-- RealPlayer gives users instant access to the most popular types of
video available on the Web through its "Best of the Web" collection
presented from within the application under the Real Guide tab.
-- Consumers have the option of burning videos to CD with the free version
of the product, which can be played back in most DVD players. With
RealPlayer Plus, available for $29.99, users can burn video to DVD.
-- Future versions of RealPlayer will enable users to transfer their
online video content to video iPods and other personal media devices.
-- Mac compatible and foreign language versions of the new RealPlayer will
be available later this year.
-- The new RealPlayer is available as a free download from
http://www.realplayer.com/.
Contact Information
Ryan Luckin
RealNetworks
206 892-6330
rluckin@real.com
John Carter
SHIFT Communications
(617) 681-1806
jcarter@shiftcomm.com
ABOUT REALNETWORKS
RealNetworks, Inc. is providing ways for consumers to be entertained on any screen (PC, home entertainment system, portable device or mobile phone) anywhere. Its digital entertainment services include RealPlayer, the acclaimed Rhapsody(R) music service, one of the largest Casual Games destinations RealArcade(R), and a variety of mobile entertainment services offered to consumers by leading wireless carriers around the world. RealNetworks' corporate information is located at http://www.realnetworks.com/company.
RealNetworks, RealPlayer, Rhapsody and the Real logo are registered trademarks of RealNetworks, Inc. All other trademarks, names of actual companies and products mentioned herein are the property of their respective owners.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070626/AQTU097 AP Archive: http://photoarchive.ap.org/ AP PhotoExpress Network: PRN8 PRN Photo Desk, photodesk@prnewswire.com
RealNetworks, Inc.
CONTACT: Ryan Luckin of RealNetworks, +1-206-892-6330, rluckin@real.com or John Carter of SHIFT Communications, +1-617-681-1806, jcarter@shiftcomm.com, for RealNetworks, Inc.
Web site: http://www.realnetworks.com/
Video Surveillance Camera Based on Texas Instruments Digital Media Processing Solution, Wins Best CCTV Product AwardCieffe's Nettuno MegaPX Camera, Based on TI's TMS320DM642 processor, Wins BSIA's Product Award at IFSEC
HOUSTON, June 26 /PRNewswire/ -- Texas Instruments today announced that Cieffe, a leading designer of integrated security systems and a TI customer, won an IFSEC Security Industry Innovation Award, organized by CMP Information and the British Security Industry Association (BSIA), for the second time in a row. Cieffe's Nettuno Mega PX, driven by TI's TMS320DM642 digital media processor, was awarded "Overall Best CCTV Product of 2007" and "Best of the Best" amongst more than 1000 contenders at the IFSEC 2007 Security Industry Innovation Awards. (See http://www.ti.com/cieffe)
"Year on year, the innovation and expertise of our industry never fails to amaze," said David Dickinson, BSIA Chief Executive. "I congratulate all the winners of this year's IFSEC Security Industry Innovation Awards, who are a testament to the sheer talent of the private security industry."
The Nettuno MegaPX is one of the first high-resolution IP cameras in the world with a two megapixel (MP) sensor that can elaborate images using MPEG4 compression, 20 times more efficiently than traditional JPEG compression. The camera is based on TI's DM642 digital media processor, a scalable, programmable digital signal processor that includes accelerators and peripherals optimized for a broad spectrum of digital video end equipments. TI's TMS320DM64x(TM) generation of digital media processors are fully programmable and offer industry-leading performance for the most demanding multimedia applications.
"We chose the DM642 processor running at 720MHz for its great computational power and special features for video management, audio and Ethernet," said Fabrizio Colciago, CEO of Cieffe. "The DM642 processor is very much the core of our product and allowed us to integrate advanced video analytics, networking and data streaming, as well as MPEG4 compression. In addition, the availability of TI's portfolio of robust, high-performance analog products optimized for video surveillance made it much simpler and quicker for us to develop the product."
"We are delighted that our technology has once again allowed a customer to achieve such success in their industry," said Cyril Clocher, business development manager for digital media DSP platforms, TI Europe. "TI is committed to providing designers and manufacturers with leading, innovative technology that lets them go beyond the existing boundaries of end equipments. This is a great example of what our digital media processing technology can do for customers and we're proud of Cieffe's achievement."
The Nettuno MegaPX is one of the industry's first CCTV cameras to combine megapixel resolution with MPEG4 compression, thanks to the advanced digital signal processing power of the DM642. The use of the MPEG4 algorithm with high resolution video avoids traditional restrictions given by JPEG compression. The Nettuno MegaPX provides high resolution video compression with a resolution eight times higher than present-day video technology using the same bandwidth.
Further advantages offered by the DM64x(TM) generation of products include the use of a scalable architecture, making it easy to move a product to the next generation processor without having to rewrite existing code, thereby protecting a customer's software investment. In addition to TI's extensive in-house system expertise, DM64x products are also supported by a broad network of third parties, who are able to provide specific end equipment solutions, embedded software, engineering services and development tools that help customers accelerate their development efforts and cut time-to-market.
The Nettuno MegaPX also utilizes a number of TI's high-performance analog products, specifically tailored to fit the needs of video surveillance applications. In particular, TI's TPS23750 enables the product with Power over Ethernet, which is essential in IP-based video surveillance equipment. Additional power management components with low power dissipation, such as the TPS62110, TPS79328 and TPS79518, provide the four different voltages needed for the DSP and image sensor.
About Texas Instruments
Texas Instruments Incorporated provides innovative DSP and analog technologies to meet our customers' real world signal processing requirements. In addition to Semiconductor, the company includes the Education Technology business. TI is headquartered in Dallas, Texas, and has manufacturing, design or sales operations in more than 25 countries.
Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at http://www.ti.com/
About Cieffe
Cieffe deals with the design and implementation of digital technologies in Integrated Security Systems. The company has become a reference worldwide for leading-edge, innovative Digital Video Management Systems, encoders-decoders and IP cameras of superior quality, performance and reliability.
Trademarks
TMS320DM64x is a trademark of Texas Instruments. All other trademarks are the property of their respective owners.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010105/NEF016LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
Texas Instruments
CONTACT: Stephanie Groswirt of Texas Instruments, +1-214-480-2512, s-groswirt@ti.com; or Tara Hanney of GolinHarris, +1-713-513-9561, thanney@golinharris.com, for Texas Instruments; or Ely Maspero of Cieffe, +39-0362-17935, emaspero@cieffe.com
Web site: http://www.ti.com/
Pearson Foundation Announces New Digital Arts AlliancesInnovative Public-Private Partnerships to Provide 21st Century Skills to K-12 Students and Teachers Nationwide
ATLANTA, June 25 /PRNewswire/ -- The Pearson Foundation today announced a series of new partnerships, programs, and funding commitments with members of the Digital Arts Alliance, the consortium that promotes digital arts in K-12 education through fully funded and staffed programs delivered directly to schools and community centers nationwide. The Pearson Foundation is the founding partner in the Digital Arts Alliance, and part of Pearson, the international education and information company.
At the opening of the annual National Educational Computing Conference (NECC), the Pearson Foundation welcomed seven new members to the Digital Arts Alliance: Adobe Systems, Inc., the American Red Cross, Facing History and Ourselves, Peachpit, Phi Delta Kappa International, and Pearson Education/Hispanic Leadership Council.
The Pearson Foundation also announced a significant expansion of its existing partnership with Nokia, as well as a national initiative with the International Society for Technology in Education (ISTE).
Each year, the Digital Arts Alliance makes it possible for more than 15,000 students and teachers to experience firsthand how laptop computers, video production equipment, and the latest mobile-phone technologies are changing the ways young people can organize, present, and share information about issues that matter to them.
Pearson Foundation president Mark Nieker said the following organizations made announcements today regarding their support of the Digital Arts Alliance:
-- Adobe, the leading digital arts technology publisher, will host
Digital Arts Alliance student movies and other digital stories on its
Digital Kids Club Website at http://www.adobe.com/education/digkids.
Additionally, the Digital Arts Alliance will use Adobe digital
photography, video, and imaging software as its preferred solution for
all Digital Arts Alliance student and educator programs.
-- The American Red Cross, the leading disaster preparedness and recovery
organization, along with the Pearson Foundation, will provide digital-
arts focused professional development for middle- and high-school
teachers in regional workshops across the United States.
-- Facing History and Ourselves, the international educational and
professional development organization, in collaboration with the
Pearson Foundation, will introduce the Facing History curriculum in
the form of digital arts projects. This new program for students and
educators will serve Title 1 middle and high schools, offering digital
arts support to high-need schools that might not otherwise receive
this valuable curriculum.
-- Nokia and the Pearson Foundation have announced a significant
expansion of their Mobile Learning Institute program. The new Mobile
Learning Institute Leadership Network will offer free two- and three-
day, hands-on sessions for teachers in regional workshops in at least
11 North American cities each year, in addition to continuing student
and educator support in California, Louisiana, Massachusetts,
Mississippi, New York, and Texas school districts. The new Digital
Arts Alliance Leadership Institute will provide comprehensive digital
arts training to more than 100 additional technology educators from
across the U.S., in conjunction with the International Association for
Technology in Education (ISTE) and other partners.
Through 2009, this increased commitment is expected to triple the
number of teachers served by the Mobile Learning Institute program
nationwide
-- Phi Delta Kappa, the international association for professional
educators, together with the Pearson Foundation, will sponsor the
Inside Our Schools video competition to schools engaged in the Future
Educator Association (FEA), the only nationally-recognized
organization promoting education as a career. This video program
encourages the high school students who take part in FEA Clubs to
create films that identify best practices and examples of teaching
excellence in their own schools. The Digital Arts Alliance will
enhance this program, working with select teams to create and
broadcast quality student films. The end result will be video created
by student participants that showcases future educators and their role
models - current teachers - who embody good teaching practices.
-- Peachpit, the leading digital arts publisher, will become the Digital
Arts Alliance's key publishing partner, working with the Pearson
Foundation to develop books on the use of technology, the impact of
digital arts on students and teachers, and best practices in use and
design. Peachpit will also secure contributions to the Digital Arts
Alliance Scholarship Fund, based on sales of key titles on market-
leading Adobe applications in the best-selling Visual QuickStart Guide
series.
-- Pearson Education, the leading educational publisher, and the Pearson
Foundation will sponsor the Pearson Education Digital Literacy
Fellowship Program, a Digital Arts Alliance program designed
specifically to promote digital literacies among teachers who serve
the nation's Hispanic communities. This initiative delivers digital
arts training and support to teachers and students in school districts
across America in conjunction with the Pearson Education Hispanic
Leadership Council, a nationwide body of select state and district
administrators representing educators serving Hispanic students - the
fastest-growing population in the U.S. public education system.
In addition, the Pearson Foundation today announced an innovative public- private partnership with The International Society for Technology in Education (ISTE) - The Digital Arts Alliance Leadership Institute -which integrates key efforts of Digital Arts Alliance members in partnership with (ISTE), the trusted source for professional development, knowledge generation, advocacy, and leadership for innovation. Beginning later this summer and continuing through the coming academic year, The Digital Arts Alliance Leadership Institute will provide regional education leaders across the United States: intensive, hands-on professional development sessions from the Mobile Learning Institute (sponsored by Nokia and the Pearson Foundation); extended Internet- based coaching and mentoring from a network of ISTE's national technology trainers; and additional resources and support from Adobe, Peachpit, and Pearson Education.
Nieker said "At Pearson, we are working with organizations which recognize that for today's young people, success in school and in life requires educational experiences that meet the challenges of our new century. Digital arts projects provide that kind of experience. As the growth of the Digital Arts Alliance indicates, we are not alone in this commitment. We are seeing increasing interest from both the public and private sectors, all eager to join us in offering these exceptional digital arts programs, which we hope will foster the development of confident school leaders."
About the Pearson Foundation
The Pearson Foundation extends Pearson's commitment to education by partnering with leading nonprofit, civic, and business organizations to provide financial, organizational, and publishing assistance across the globe. The foundation aims to make a difference by sponsoring innovative educational programs and extending its educational expertise to help in classrooms and in local communities. More information on the Pearson Foundation can be found at http://www.pearsonfoundation.org/
The Pearson Foundation
CONTACT: Kate Miller of The Pearson Foundation, 1-800-745-8489, or kate.miller@pearson.com
Web site: http://www.pearsonfoundation.org/ http://www.adobe.com/education/digkids http://www.pearsoned.com/
Tektronix Increases Share Repurchase Authorization
BEAVERTON, Ore., June 25 /PRNewswire-FirstCall/ -- Tektronix, Inc. announced today that its Board of Directors authorized an incremental $350 million to repurchase shares of common stock in the open market and in privately negotiated transactions under the company's share repurchase program. Since this share repurchase program was initiated in January 2000, including today's authorization, the board has authorized $1,600 million for share repurchase -- approximately $909 million of which has been used as of May 26, 2007.
"The increase in the share authorization reflects our commitment to further enhance shareholder value through an acceleration of our share repurchase program," said Rick Wills, Tektronix Chairman and CEO.
Statements and information in this press release that relate to future events or results are based on the Company's current expectations. They constitute forward-looking statements subject to a number of risk factors, which could cause actual results to differ materially from those currently expected or desired. Those factors include: worldwide geopolitical and economic conditions; current and future business conditions in the electronics, communications, computer and advanced technologies industries; changes in order rates and customer cancellations, including changes in seasonal buying habits; competitive factors, including pricing pressures, loss of key employees, technological developments and new products offered by competitors; changes in product and sales mix, and the related effects on gross margins; customer acceptance of large orders with delayed acceptance criteria; the Company's ability to deliver a timely flow of competitive new products, and market acceptance of these products; the availability of parts and supplies from third-party suppliers on a timely basis and at reasonable prices; risks associated with compliance with the "Restriction of Hazardous Substances" worldwide regulatory provisions, including the associated conversion of current and future product designs and manufacturing processes to procure or produce lead-free products, and with export regulations; inventory risks due to changes in market demand or the Company's business strategies; changes in effective tax rates; currency fluctuations; and the ability to develop effective sales channels. Further information on factors that could cause actual results to differ from those anticipated is included in filings made by the Company from time-to-time with the Securities and Exchange Commission, including but not limited to annual reports on Form 10-K and the quarterly reports on Form 10-Q.
About Tektronix
Tektronix is a leading supplier of test, measurement, and monitoring products, solutions and services for the communications, computer, and semiconductor industries -- as well as military/aerospace, consumer electronics, education and a broad range of other industries worldwide. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide.
Tektronix, Inc.
CONTACT: Media contact, Kimberly McAlear, +1-503-627-4314, kimberly.mcalear@tektronix.com, or analyst contact, Paul Oldham +1-503-627-4027, paul.r.oldham@tektronix.com, both of Tektronix, Inc.
Web site: http://www.tektronix.com/
International Game Technology Announces Quarterly Dividend
RENO, Nev., June 25 /PRNewswire-FirstCall/ -- International Game Technology today announced that its Board of Directors has declared a quarterly cash dividend of thirteen cents ($0.13) per share, payable on July 23, 2007 to shareholders of record on July 9, 2007.
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 systems products.
International Game Technology
CONTACT: Patrick Cavanaugh, Vice President, Investor Relations of International Game Technology, 1-866-296-4232
Web site: http://www.igt.com/
Tektronix Prices $300 Million Senior Convertible Notes
BEAVERTON, Ore., June 25 /PRNewswire-FirstCall/ -- Tektronix, Inc. today announced the pricing of $300 million principal amount of Senior Convertible Notes due 2012. The notes are being sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Tektronix granted the initial purchasers an option to purchase up to an additional $45 million aggregate principal amount of notes to cover overallotments.
The notes will pay interest semi-annually at a rate of 1.625% per annum. The notes will be convertible, at the holder's option, at an initial conversion rate of 25.1538 shares per $1,000 principal amount of notes, which represents a 15.00% conversion premium based on the last reported sale price of $34.57 per share of Tektronix' common stock on June 25, 2007. The notes will be convertible under certain circumstances. Upon conversion, holders will receive cash up to the principal amount, and any excess conversion value will be delivered, at Tektronix' election, in cash, common stock or a combination of cash and common stock.
Tektronix estimates that the net proceeds from this offering will be approximately $291.8 million after deducting estimated discounts and expenses (or approximately $335.7 million if the initial purchasers' overallotment option is exercised in full).
Tektronix expects to use the net proceeds from the offering to repurchase approximately $110 million worth of shares of its common stock in privately negotiated transactions contemporaneously with the closing of the sale of the notes. In addition, approximately $26.6 million of the foregoing net proceeds will be used to fund the net cost of convertible note hedge and warrant transactions that Tektronix expects to enter into with one or more of the initial purchasers of the notes and/or their affiliates. The remaining net proceeds will be used to purchase additional shares of our common stock under our share repurchase program and for general corporate purposes.
The convertible note hedge transaction will have an exercise price equal to the conversion price of the notes. In addition, Tektronix expects to enter into a separate warrant transaction with one or more of the initial purchasers and/or their affiliates. The warrants associated with the notes will have an exercise price that is 42.5% higher than the closing price of Tektronix stock on June 25,2007. The convertible note hedge and warrant transactions are intended to reduce potential dilution to Tektronix common stock upon potential future conversion of the notes and will generally have the effect on the company of increasing the conversion price of the notes to approximately $49.26 per share, representing a 42.5% premium based on the last reported sale price of $34.57 per share on June 25, 2007. In connection with these transactions, the hedge counterparties have advised Tektronix that they or their affiliates may enter into various derivative transactions with respect to Tektronix' common stock concurrently with or shortly following pricing of the notes. These activities could have the effect of increasing or preventing a decline in the price of Tektronix common stock concurrently or following the pricing of the notes. In addition, the hedge counterparties or their affiliates may from time to time, following the pricing of the notes, enter into or unwind various derivative transactions with respect to Tektronix common stock and/or purchase or sell Tektronix common stock in secondary market transactions. These activities could have the effect of decreasing the price of Tektronix common stock and could affect the price of the notes.
This notice does not constitute an offer to sell or the solicitation of an offer to buy securities. Any offers of the securities will be made only by means of a private offering memorandum. The securities and the shares of Tektronix common stock issuable upon conversion or exercise of the notes have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
About Tektronix
Tektronix is a leading supplier of test, measurement, and monitoring products, solutions and services for the communications, computer, and semiconductor industries -- as well as military/aerospace, consumer electronics, education and a broad range of other industries worldwide. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide.
Tektronix, Inc.
CONTACT: media, Kimberly McAlear, +1-503-627-4314, kimberly.mcalear@tektronix.com, or analysts, Paul Oldham, +1-503-627-4027, paul.r.oldham@tektronix.com, both of Tektronix, Inc.
Web site: http://www.tektronix.com/
AVIATION WEEK va organiser le Green Aviation Management Forum
NEW YORK, June 26 /PRNewswire/ --
- Les sessions aborderont les stratégies environnementales et les
solutions durables, le 12 septembre à Bruxelles
AVIATION WEEK, le plus grand prestataire de services et d'informations
multimédia pour les secteurs mondiaux de l'aviation, l'aérospatiale et la
défense, a annoncé aujourd'hui qu'il projette d'organiser le Green Aviation
Management Forum (Forum sur la gestion de l'aviation écologique) le 12
septembre à Bruxelles (Belgique) au Renaissance Brussels Hotel. Le forum
examinera des questions portant sur la stratégie environnementale au sein du
secteur de l'aviation et explorera les solutions durables, notamment
l'échange de quotas d'émissions, les combustibles alternatifs, et la gestion
du trafic aérien. Le forum abordera aussi les réglementations, les directives
gouvernementales et les défis politiques ; les ramifications fiscales du
système d'échange de quotas d'émissions de l'Union européenne ; et les
derniers développements technologiques. Il est prévu que l'événement attire
plus de 75 dirigeants du secteur et hauts fonctionnaires.
Le programme des intervenants du Green Aviation Management Forum comprend
des représentants de AVTECH, Boeing Corporation, l'Organisation des services
de navigation civile aérienne, Embry-Riddle, l'Association générale des
avionneurs, l'Association internationale du transport aérien, la Fédération
internationale des associations de contrôleurs aériens, KLM, Platts, et SaS
Group. Les délégués représenteront des cadres supérieurs d'opérateurs
commerciaux et militaires et des dirigeants d'aéroport, des fabricants et
fournisseurs d'avion, des fournisseurs d'entretien, de réparation et
d'exploitation, des autorités gouvernementales au sujet de l'environnement,
et des ONG environnementales.
<< L'environnementalisme est devenu un impératif économique et
opérationnel de plus en plus urgent au sein du secteur de l'aviation >>, a
déclaré Tom Henricks, Président, AVIATION WEEK. << Le Green Aviation
Management Forum de AVIATION WEEK permettra aux participants de s'engager
dans des discussions à propos de l'aviation durable et de transformer leurs
politiques écologiques d'une simple responsabilité d'entreprise en un
principe essentiel des activités >>, a-t-il ajouté.
En plus de l'événement en direct de Bruxelles, les personnes inscrites au
Green Aviation Management Forum pourront recevoir une inscription gratuite au
forum électronique Green Aviation eForum, << une première pour l'échange de
quotas d'émissions >>. Le eForum se déroulera de 15 août 2007 de 11 h 30 à
13 h 00 HE. D'autres informations et l'inscription en ligne au Green
Aviation Management Forum sont disponibles sur www.aviationweek.com/forums,
ou en appelant au +1-800-240-7645 ou +1-212-904-4483.
A propos de AVIATION WEEK
AVIATION WEEK, division du groupe The McGraw-Hill Companies, est le plus
grand prestataire de services et d'informations multimédia pour les secteurs
mondiaux de l'aviation, l'aérospatiale et la défense, et compte parmi ses
publications : Aviation Week & Space Technology, Defense Technology
International, Business & Commercial Aviation, Overhaul & Maintenance,
ShowNews, Aviation Daily, The Weekly of Business Aviation, Aerospace Daily &
Defense Report et World Aerospace Database. Le portail Internet du groupe,
http://www.aviationweek.com/, propose les actualités, les informations, les
données et les rubriques les plus fiables du secteur et son réseau
d'informations Aviation Week Intelligence Network (AWIN) à l'adresse
http://www.aviationweek.com/awin constitue l'outil de gestion le plus intégré
du secteur pour les responsables d'entreprise, responsables commerciaux,
acheteurs et ingénieurs couvrant tout le secteur de l'aviation et de
l'aérospatiale. Ce groupe organise également 12 grandes conférences et
expositions pour les secteurs de la fourniture d'entretien, de réparation et
d'exploitation, de la défense et des programmes. De plus amples informations
sont disponibles sur http://www.aviationweek.com/conferences.
A propos du groupe McGraw-Hill Companies
Fondé en 1888, le groupe The McGraw-Hill Companies (NYSE : MHP) est un
grand prestataire de services d'informations à l'échelle internationale, qui
répond aux besoins des marchés des services financiers, éducatifs et des
informations d'affaires, par le biais de marques de premier plan dont
Standard & Poor's, McGraw-Hill Education, BusinessWeek et J.D. Power and
Associates. Le groupe dispose de plus de 280 bureaux dans 40 pays et a
réalisé un chiffre d'affaires de 6,3 milliards de dollars US en 2006. De plus
amples informations sont disponibles sur http://www.mcgraw-hill.com.
Site Web : http://www.mcgraw-hill.com
http://www.aviationweek.com/forums
AVIATION WEEK
Patricia Walsh, +1-212-512-3364; +1-646-673-6640, Patricia_walsh@mcgraw-hill.com, ou Joe D'Andrea, +1-212-904-3780, joseph_dandrea@aviationweek.com
News archive of December 2009
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
News Archives of June 2007
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
News Archives other dates
2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec |