Companies news of 2008-01-16 (page 1)
Micrel Schedules Fourth Quarter 2007 Earnings Release and Conference Call
GSD&M's Idea City Awarded Two Additional AT&T DivisionsIdea City to handle marketing and...
Overland Storage Announces Editorial Error in UK Computer Trade Publication
Harris Corporation Announces Falcon(R) Radio Orders Exceeding $150 Million; Includes...
Overstock.com Customer Service Again Ranks #4 Among All Retailers in Nation2007 NRF...
PacificNet Completes Acquisition of Octavian International - Global Provider of Gaming...
Southpeak Interactive to Access Public Markets Through Business Combination With Global...
Muhammad Ali Enterprises Launches Online Store on 66th Birthday of The Greatest of All...
MarketAxess to Host Conference Call Announcing 2007 Fourth Quarter and Full-Year Results
Coherent to Host Investor Tour at Photonics West Tradeshow
Bull annonce l'acquisition de sa filiale Maine CI par Elco
Garmin Ltd. Invites You to Listen to Its Fiscal 2007 Earnings Call
EnerSys Announces 3rd Quarter Fiscal 2008 Results Conference Call
Aberdeen Group Reveals Demand Management Best Practices for Discrete Manufacturers
Motorola Fourth-Quarter 2007 Earnings Results to Be Issued on 23 JanuaryPresentation by...
ProLink Solutions Installs GPS Systems at Record Number of Golf Courses in 2007Superior...
RentBureau Signs Three New ParticipantsMid-America Apartment Communities, Inc., McKinley...
AT&T Announces $20 Million for Nationwide Software Architecture Systems Project for the...
U.S. Army Awards ITT $174.7 Million Night Vision Order
/C O R R E C T I O N -- Edgetech International, Inc./In the news release, EGIL Teams With...
Microsoft and EDGAR Online Team Up on Advertising and ContentEDGAR Online audience...
ANADIGICS Earnings Conference Call to Be Webcast February 12, 2008
Adspace Networks Expands Partnership With CBL & Associates PropertiesOne of the Nation's...
WallSt.net (www.wallst.net) Updates the Investment Community Through an All-New Interview...
Dr. Bart Harmon Named Chief Medical Officer for Harris Corporation's Healthcare Solutions...
Comtech Group, Inc. Provides Business Update and Reiterates Guidance
Scripps Launches Interactive Forum for Diverse Political, Cultural ViewsNew social...
Allot Communications to Host Fourth Quarter and Full Year 2007 Earnings Results Conference...
Siemens Healthcare Diagnostics Launches B12, Folate, and Ferritin Tests on Its Dimension...
Micrel Schedules Fourth Quarter 2007 Earnings Release and Conference Call
SAN JOSE, Calif., Jan. 16 /PRNewswire-FirstCall/ -- Micrel Inc. , an industry leader in high performance analog and high-speed mixed signal solutions, will announce financial results for the fourth quarter and fiscal year ended December 31, 2007 after the market closes on Thursday, January 31, 2008.
The Company will host a conference call at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) on January 31, 2008. Chief Executive Officer Raymond Zinn and Chief Financial Officer Richard Crowley will present an overview of fourth quarter and fiscal year 2007 financial results, discuss current business conditions and then respond to questions.
The call is available, live, to any interested party on a listen only basis by dialing (866) 321-6651. For international callers, please dial (416) 642-5212. Interested callers should dial in at least five minutes before the scheduled start time and ask to be connected to the Micrel, Incorporated Conference Call. A live webcast will also be available through http://www.vcall.com/. An audio replay of the conference call will be available through February 6, 2008, by dialing (719) 457-0820 or (888) 203-1112 and entering access code number 5478741. The webcast replay will also be available on the Company's website at: http://www.micrel.com/.
About Micrel
Micrel Inc. is a leading global manufacturer of high performance analog and high-speed mixed signal solutions. The Company's products include advanced mixed-signal, analog and power semiconductors; high performance communication, clock management, Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise, consumer, industrial, mobile, telecommunications, automotive, and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose, CA with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. In addition, the Company maintains an extensive network of distributors and sales representatives worldwide.
For further information, contact Richard Crowley at: Micrel, Incorporated, 2180 Fortune Drive, San Jose, California 95131, (408) 944-0800; or visit our website at http://www.micrel.com/.
Micrel Inc.
CONTACT: Richard Crowley of Micrel, Incorporated, +1-408-944-0800
Web site: http://www.micrel.com/
GSD&M's Idea City Awarded Two Additional AT&T DivisionsIdea City to handle marketing and advertising duties for AT&T 411 and 1-800-YELLOWPAGES
AUSTIN, Texas, Jan. 16 /PRNewswire/ -- . GSD&M's Idea City, long-time AT&T advertising roster agency, will add the AT&T 411 and 1-800-YELLOWPAGES businesses to their other AT&T responsibilities. Idea City is charged with helping AT&T 411 and 1-800-YELLOWPAGES develop a strategy that will build brand awareness and traffic while keeping the "Your World, Delivered" tagline.
"Consumers have many choices to find information," said Wendy Clark, senior vice president of advertising at AT&T. "With AT&T, you get local, relevant and reliable information anytime, anywhere and in whatever way you want it. There's no better partner to help spread that message than GSD&M's Idea City."
GSD&M's Idea City developed the successful YELLOWPAGES.COM "Need Something?" campaign that increased brand awareness and positioned YELLOWPAGES.COM as the online authority for local information. Additionally, Idea City handled the rollover of SBC Yellow Pages to AT&T Real Yellow Pages that increased usage numbers across the U.S.
With the addition of AT&T 411 and 1-800-YELLOWPAGES, GSD&M's Idea City now handles marketing and advertising for all of AT&T's directory and search services in addition to the consumer products DRTV business.
"We've had a long, successful relationship with AT&T," said Duff Stewart, president and COO of GSD&M's Idea City. "We are honored that AT&T selected us to help drive the marketing efforts that will position AT&T as the premier choice for local search information."
About GSD&M's Idea City
In 1971, a group of friends started an advertising agency after graduating from The University of Texas at Austin. Through 36 years of helping grow some of the world's most successful brands, GSD&M's Idea City has become a leading national marketing communications and advertising company using the power of Purpose-based Branding and Dynamic Collaboration to create a destination for visionary ideas that make a difference for our people, our clients, our country and the world. For more information go to http://www.ideacity.com/. GSD&M's Idea City is part of Omnicom Group, Inc. .
About AT&T
AT&T Inc. is a premier communications holding company in the United States and around the world, with operating subsidiaries providing services under the AT&T brand. AT&T is the recognized world leader in providing IP-based communications services to business and the U.S. leader in providing wireless, high speed Internet access, local and long distance voice, and directory publishing and advertising services. As part of its "three screen" integration strategy, AT&T is expanding video entertainment offerings to include such next-generation television services as AT&T U-verse(SM) TV. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
GSD&M's Idea City
CONTACT: John.McGrath@IdeaCity.com, +1-512-242-4349, or Melanie.Mahaffey@IdeaCity.com, +1-512-242-4594, both of GSD&M's Idea City
Overland Storage Announces Editorial Error in UK Computer Trade Publication
SAN DIEGO, Jan. 16 /PRNewswire-FirstCall/ -- Overland Storage, Inc. today announced that an article, which appeared on Monday, January 14th in a computer trade publication based in the United Kingdom, contained an editorial error that overstated the company's UK sales results for the final calendar quarter of 2007. The company will be announcing its second-quarter fiscal year 2008 results as previously scheduled on January 24th.
About Overland Storage
Now in its 27th year, Overland Storage is a market leader and innovative provider of simply protected storage solutions -- smart data protection appliances and software modules designed to work together, affordably, to ensure that information is automatically safe, readily available and always there. Overland's award-winning data protection solutions include the ULTAMUS(TM) RAID SERIES of affordable, high-capacity storage; REO SERIES(R) of disk-based backup, recovery and VTL appliances; and the NEO SERIES(R) and ARCvault(TM) SERIES tape automation solutions. Overland sells its products through leading OEMs, commercial distributors, storage integrators and value-added resellers. For more information, visit Overland's web site at http://www.overlandstorage.com/.
Overland Storage, Inc.
CONTACT: Vernon A. LoForti, vloforti@overlandstorage.com, or Kurt Kalbfleisch, Interim CFO, kkalbfleisch@overlandstorage.com, both of Overland Storage, Inc., +1-858-571-5555
Web site: http://www.overlandstorage.com/
Harris Corporation Announces Falcon(R) Radio Orders Exceeding $150 Million; Includes Orders under JTRS Program CISCHR Contract
ROCHESTER, N.Y., Jan. 16 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, has received several new orders for its Falcon family of radios worth $158 million.
The orders came from multiple branches of the U.S. Department of Defense and cover a broad range of tactical applications:
-- A $118 million order from the U.S. Army to supply Falcon II high
frequency (HF) vehicular radio systems for HMMWV's and other vehicles.
The purchase allows the Army, Army Reserves and National Guard to
continue expanding their use of Harris HF tactical radios for mobile,
beyond line-of-sight communications.
-- Orders worth up to $26 million from the U.S. Air Force to supply JTRS
approved Falcon(R) III AN/PRC-152(C) handheld tactical radio systems.
The orders were placed under the previously announced $2.7 billion
Consolidated Interim Single Channel Handheld Radio (CISCHR) IDIQ
contract awarded to Harris by the Joint Program Executive Office for
the Joint Tactical Radio System. The AN/PRC-152(C) offers users a wide
range of capabilities such as SINCGARS interoperability, ultra high
frequency (UHF) ground-to-ground line-of-sight communications, close
air support and programmable encryption.
-- A $14 million order from the U.S. Marine Corps for Falcon III AN/VRC
110 vehicular radio systems to support Mine Resistant Ambush Protected
(MRAP) and other tactical vehicles. The vehicle systems incorporate
JTRS-approved AN/PRC-152(C) handheld radios. This is the third order
under the $212 million Tactical Handheld Radio (THHR) IDIQ contract
awarded last summer following a competitive bidding process.
"Demand for our Falcon radios remains robust and is driven by a broad range of customers within the U.S. Department of Defense as well as throughout our international markets," said Dana Mehnert, president of Harris RF Communications. "Our opportunity pipeline continues to be very robust and reflects our ability to meet the advanced communications requirements of our customers. We have further increased our production capacity to address the higher expected demand in the second half of fiscal 2008 and beyond."
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of over $4 billion and 16,000 employees - including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(TM) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/.
Forward-Looking Statement
This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about the expected value of the program to Harris are forward-looking and involve risks and uncertainties. Other factors that may impact the company's results and forward-looking statement may be disclosed in the company's filings with the SEC. Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Harris Corporation
CONTACT: Kevin Aman of RF Communications for Harris Corporation, +1-585-241-8186, Kevin.Aman@harris.com; or Jim Burke of Harris Corporation, +1-321-727-9131, Jim.Burke@harris.com
Web site: http://www.harris.com/
Overstock.com Customer Service Again Ranks #4 Among All Retailers in Nation2007 NRF Foundation/American Express Customer Service Survey Results Released
NEW YORK, Jan. 16 /PRNewswire-FirstCall/ -- Overstock.com, Inc. announced today that it held its high rank in the 2007 NRF Foundation/American Express Customer Service Survey. Source: [http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=457].
"Providing great customer service is something that the best retailers have been able to perfect for centuries," said Katherine Mance, vice president of the NRF Foundation. "According to shoppers, Overstock.com is one of the brightest stars for customer service and should be congratulated for this award."
When the NRF Foundation /American Express Customer Service Survey list debuted two years ago, Overstock.com did not appear among even the top 50 companies. Last year, Overstock.com shot to number four on the list and maintained that position again this year, despite tough competition. Stormy Simon, Overstock senior vice president, branding and customer care, attributes the rise to a careful restructuring of the company's customer care department. Ms. Simon's efforts began in 2005 when she assumed management of the department and set up certification and online education programs for customer care agents, installed new CRM software by RightNow Technologies to improve agents' response time to customer inquiries, and ambitiously made it a mission for every employee in the company to perfect the customer experience.
"We are fanatic about giving customers the best experience possible each time they visit and shop on the Overstock site," said Patrick Byrne, Overstock.com chairman and chief executive officer. "Their ranking us above all but three other retailers in the nation, on-line and off-line, could only have been achieved through extraordinary efforts not only of our customer care department in general, and Stormy Simon's super leadership in particular, but also from people throughout the company, from website design to product fulfillment. We will always put our customers' needs first as we make further improvements throughout the firm in 2008."
About the Survey
The NRF Foundation is the research and education arm of the National Retail Federation. A non-profit foundation created in 1981, the foundation conducts industry research, develops education and workforce development programs, professional certification programs, and promotes retailing as a career destination.
The NRF Foundation/American Express Customer Service Survey polled 8,877 consumers and was conducted by consumer marketing intelligence firm BIGresearch from September 4-11, 2007. The consumer poll has a margin of error of plus or minus 1.0 percent. Consumers answered the open ended question, "Which retailer delivers the best customer service?" In order to develop a fair comparison, regardless of a retailer's size or geographic coverage, the consumer survey responses were compared to each retailer's 2006 revenues to develop the overall rankings.
About Overstock.com
Overstock.com, Inc. is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com/.
Overstock.com(R) is a registered trademark of Overstock.com, Inc. All other trademarks are the property of their respective owners.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, statements regarding customers' satisfaction, improvements in customer response time, customer service as a priority, always putting customer needs first, and further improvements in the company in 2008. Our Form 10-K for the year ended December 31, 2006, our subsequent quarterly reports on Form 10-Q, and our other subsequent filings with the Securities and Exchange Commission identify important factors that could cause our actual results to differ materially from those contained in our projections, estimates or forward-looking statements.
Overstock.com, Inc.
CONTACT: media, Kirstie Burden, +1-801-947-3116, kburden@overstock.com, or investors, Kevin Moon, +1-801-947-3282, kmoon@overstock.com, both of Overstock.com, Inc.
Web site: http://www.overstock.com/
PacificNet Completes Acquisition of Octavian International - Global Provider of Gaming Technology
- Combined Company to Focus on High-Margin Gaming Technology Business
with Global Presence; with Combined Annual Revenue of $116 million,
Gross Profit of $38 million and EBITDA of $13 million
- Acquisition Anticipated to be Accretive to PacificNet's Consolidated
Earnings Per Share (EPS) in 2008
- Acquisition to Drive Synergy Effects between Global and Asian Gaming
Business
BEIJING, Jan. 16 /Xinhua-PRNewswire-FirstCall/ -- PacificNet, Inc. , a leading provider of gaming technology, Customer Relationship Management (CRM) and e-commerce in China, announced today that it has completed the acquisition of 100% ownership of Octavian International Limited ("Octavian"), a worldwide supplier of gaming technology, solutions and systems.
Following the signing of a definitive agreement with Octavian on December 7, 2007, due diligence was successfully completed within four weeks and the acquisition was consummated on January 15, 2008.
As part of the closing, PacificNet issued 2,330,000 restricted shares of PACT representing approximately 19.5% of PacificNet's outstanding shares, which will be held in an escrow account and will be released in accordance to the payment and earn-out schedule in the Acquisition Agreement. According to Octavian's financial reports as audited by Grant Thornton UK LLP under UK GAAP, Octavian had revenue of approximately $64.6 million, gross profit of approximately $18.4 million, EBITDA of approximately $6.2 million USD, and pre-tax profit of approximately $5.5 million, for the fiscal year ending Dec 31, 2006. This acquisition is expected to increase PacificNet's overall gaming revenues and profits. The combined company will focus on the high-margin gaming technology business with a global presence and anticipates combined 2008 projected annual revenue of $116 million, Gross Profit of $38 million and EBITDA of $13 million subject to securing additional funding or equipment financing. As of January 15, Octavian had already secured 33% of its projected orders for 2008 (representing 19% of combined Octavian and PacificNet revenues for the year). Furthermore, Octavian's projected figures for 2008 are currently based only on sales revenue from its existing markets in Europe, CIS and Latin America. Octavian's projections for 2008 do not take into account sales of its existing games and systems into new markets, such as the Asia- Pacific region.
Due to the traditional slow season in the first quarter of the year, the combined company expects that it may incur a one-time non-recurring loss in Q1 2008, after taking into account of certain one-time non-recurring post-merger write-offs, and merger and acquisition expenses. During 2007 Octavian invested in certification of its products, including GLI certification by Gaming Laboratories International, which now enables Octavian systems and games to be sold in regulated gaming markets worldwide. Octavian expects GLI approval to significantly boost revenues in the medium and long term.
Octavian will continue operating under its current name as a wholly-owned subsidiary of PacificNet and will continue to pursue its global growth strategy as a leading provider of gaming technology. Harmen Brenninkmeijer will become an Executive Director of PacificNet and a member of the board of directors, and continue to serve as CEO of the Octavian subsidiary within PacificNet's gaming division. Furthermore, upon completion of the earn-out provisions and profit targets as defined in the acquisition agreement, Harmen Brenninkmeijer would become President of PacificNet's Global Gaming Division. Sterne Agee has been appointed as the financial advisor for Octavian for this transaction.
Octavian ( http://www.octavianinternational.com/ ), which maintains worldwide headquarters in Guildford, United Kingdom, develops and markets innovative games and systems and sells its gaming solutions in over 30 countries including Russia, Italy, Germany, Ukraine, Colombia, Bolivia, Mexico, Argentina and South Africa. It also distributes gaming machines and equipment from many of the world's leading gaming brands through its OctaSupplies division. The company's own games and systems include the DreamGames portfolio of casino video slot games, AWP games, downloadable/VLT games and systems for gaming and lottery operations, and ACP (Accounting, Control, Progressives) slot management systems. Octavian is one of the largest independent suppliers of back-end systems to casinos.
PacificNet is a leading provider of gaming and mobile game technology, e- commerce, and Customer Relationship Management (CRM) solutions in China. Its gaming clients include leading hotels, casinos, and gaming operators in Macau, Asia and Europe. PacificNet's products include multi-player electronic table games, roulette machines, Server-Based Games (SBG) with multiple client betting stations, slot and bingo machines, Video Lottery Terminals (VLTs), Amusement With Prizes (AWP) machines, gaming cabinet and client/server system designs, online i-gaming software design and multimedia entertainment kiosks. Through its China subsidiary, PacificNet is also a legally licensed provider and sales agent for the legalized welfare lottery gaming in the Peoples Republic of China. PacificNet currently sells its gaming products and solutions in dozens of countries worldwide with a strong focus on Asia.
Commenting on the deal, Tony Tong, CEO of PacificNet, said: "We are delighted that this acquisition has been completed so smoothly. Great synergy exists between PacificNet and Octavian and we are confident that we can harness this to help us garner long-term, high-margin, recurring revenue contracts in emerging gaming markets worldwide. We expect the synergistic effect of combining Octavian's strong global brand name and worldwide gaming distribution expertise with PacificNet's low-cost development resources in China and local Asian gaming expertise to be considerable."
Harmen Brenninkmeijer, CEO of Octavian, added: "We have developed a strong systems-led product portfolio, a clear global growth strategy and effective distribution channels into the casino, AWP and lottery markets. This provides an extremely good and complementary fit with PacificNet's strategic focus, its expertise in the mobile sector and internet-based gaming, and its ambitions in the gaming world in general. We are very excited by the prospect of operating as an independent subsidiary of PacificNet and playing a leading role in the growth of PacificNet's gaming business. As part of PacificNet, we believe that Octavian is extremely well placed for strong growth in existing and new markets. In addition, Octavian adds market-leading technology, software and experience in the rapidly-expanding lottery market to the PacificNet portfolio."
"We are delighted to welcome Octavian to the PacificNet roster of subsidiary companies," added Victor Tong, President of PacificNet. "Working with Octavian will allow PacificNet to accelerate its gaming expansion and sharpen its focus in the high margin gaming technology business, where we see huge potential for growth."
PacificNet's President Victor Tong and Octavian's CEO Harmen Brenninkmeijer will jointly present the company's combined global gaming strategy and financial outlooks at the 10th Annual ICR XChange Investor Conference January 16, 2008 at 1:00 P.M. Pacific Time at the St. Regis Monarch Beach Resort in Dana Point, California. The presentation will be webcast live at: http://www.corporate-ir.net/ireye/conflobby.zhtml?ticker=W134444&item_id=1732783
For more info on the conference, please see:
http://www.icrinc.com/web/icrxchange-us-about.php
About Octavian International
Octavian International ( http://www.octavianinternational.com/ ) was established in 2001 and has operations in the UK, Russia, Ukraine, Italy, Germany, Argentina, Colombia, India, Australia and USA. Octavian employs 224 staff worldwide. The company is an international provider of innovative networked gaming solutions, developed to enhance the efficiency, profitability and enjoyment of gaming and lottery operations. Activities encompass both software development (OctaSystems and OctaGames) and gaming equipment distribution (OctaSupplies). Octavian serves casino, AWP (Amusements with Prizes), lottery and emerging gaming markets worldwide. It delivers solutions directly to gaming and lottery operators, large and small, and also works in close collaboration with hardware manufacturers, other gaming industry software developers and distributors.
About PacificNet
PacificNet, Inc. ( http://www.pacificnet.com/ ) is a leading provider of gaming and mobile game technology, e-commerce, and Customer Relationship Management (CRM) in China. PacificNet's gaming products are specially designed for Chinese and Asian gamers with focus on integrating localized Chinese and Asian themes and content, advanced graphics, digital sound effects and popular domestic music, with secondary bonus games and jackpots. Through its Chinese subsidiary, PacificNet is also a legally licensed provider and sales agent for the legalized welfare lottery gaming in the People's Republic of China.
PacificNet gaming products include: Multi-player Electronic Table Games- Baccarat, Sicbo, Fish-Prawn-Crab, Roulette machines, Server-Based Games (SBG) with multiple client betting stations, slot and bingo machines, Video Lottery Terminals (VLTs), Amusement With Prizes (AWP) machines, gaming cabinet and client/server system designs, online i-gaming software design, and multimedia entertainment kiosks.
PacificNet's gaming clients include the leading hotels, casinos, and gaming operators in Macau, Asia, and Europe, while e-commerce and CRM clients include the leading telecom companies, banks, insurance, travel, marketing and business services companies and telecom consumers in Greater China such as China Telecom, China Mobile, Unicom, PCCW, Hutchison Telecom, Bell24, Motorola, Nokia, SONY, TCL, Huawei, American Express, Citibank, HSBC, Bank of China, Bank of East Asia, DBS, TNT, China and Hong Kong government.
PacificNet employs about 1,500 staff in its various subsidiaries throughout China with offices in Hong Kong, Beijing, Shanghai, Shenzhen, Guangzhou, Macau and Zhuhai China, USA and the Philippines.
Safe Harbor Statement
This announcement contains forward-looking statements. We may also make written or oral forward-looking statements in our periodic reports to the SEC on Forms 10-K, 10-Q, 8-K, etc., in our annual report to shareholders, in our proxy statements, in press releases and other written materials and in oral statements made by our officers, directors or employees to third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, PacificNet's historical and possible future losses, limited operating history, uncertain regulatory landscape in China, and fluctuations in quarterly and annual operating results. Further information regarding these and other risks is included in PacificNet's Form 10K and other filings with the SEC.
For more information, please contact:
If to PacificNet:
PacificNet USA office:
Jacob Lakhany
Tel: +1-605-229-6678
Email: investor@pacificnet.com
If to Octavian:
Octavian International
Helen Hedgeland
Tel: +44-0-1483-543-543
Email: H.Hedgeland@octavianonline.co.uk
PacificNet, Inc.
CONTACT: Jacob Lakhany of the PacificNet USA office at +1-605-229-6678 or investor@pacificnet.com; Helen Hedgeland of Octavian International at +44- 0-1483-543-543 or H.Hedgeland@octavianonline.co.uk
Web site: http://www.pacificnet.com/ http://www.octavianinternational.com/
Southpeak Interactive to Access Public Markets Through Business Combination With Global Services Partners Acquisition Corp.One of the Fastest Growing Video Game Publishers to Expand Product Offering and Global Reach
MIDLOTHIAN, Va., Jan. 16 /PRNewswire/ -- SouthPeak Interactive, LLC ("SouthPeak") and Global Services Partners Acquisition Corp. ("GSPAC") (OTC Bulletin Board: GSPA, GSPAB, GSPAW, GSPAZ) jointly announced today that they have agreed to a business combination resulting in a new publicly held entity that will be called SouthPeak Interactive Corporation. The transaction will allow SouthPeak to access the public markets to accelerate its growth strategy and take advantage of strong industry growth trends.
SouthPeak is a fast growing video game publisher with a unique production model that exclusively utilizes independent studios to source and produce innovative video games. This model allows the company to leverage leading-edge independent development talent and minimize fixed overhead, thereby maximizing operational flexibility and profits. SouthPeak expects to achieve approximately $30 million in revenues for its fiscal year ending June 30, 2008, representing 140% growth over fiscal year 2007 revenues. Fiscal year 2008 EBITDA is expected to be approximately $4.5 million.
The transaction values SouthPeak at approximately $31 million based on the last sale price of $5.22 for GSPAC's Class B Common Stock as of January 15, 2008. The consideration paid at closing will be comprised of 5,000,000 shares of common stock and $5 million in cash.
The existing executive management team of SouthPeak, Terry Phillips and Melanie Mroz, will become, respectively, Chairman and CEO of the new company. At the closing, SouthPeak's management will own approximately 42% of the total 11,900,100 shares outstanding in SouthPeak Interactive Corporation.
Rahul C. Prakash, Chairman and CEO of GSPAC, said, "GSPAC's mission was to find a company in a dynamic business sector with high growth, strong operational performance and at an attractive price so that we could create real and lasting value for our stockholders. We found all of these in SouthPeak."
Melanie Mroz, CEO of SouthPeak, added, "SouthPeak is already an established player in the industry with significant retail sales expertise. Our unique operating model leverages an expanding universe of game developers to maximize profits and creative potential. We have a winning portfolio of games and a robust development pipeline." Mroz continued, "The financial resources provided by this transaction will allow us to accelerate our strategy of expanding our product portfolio and continue to outpace the industry in terms of top and bottom-line growth."
The video game industry is growing rapidly with U.S. video game software sales expected to grow from $6.5 billion in 2006 to $13.6 billion in 2009, according to Goldman Sachs. Global video game software sales are expected to grow to $55 billion by 2009 as reported by PricewaterhouseCoopers.
Terry Phillips, Chairman of SouthPeak, said, "This transaction brings SouthPeak public at an opportune moment in the video game industry. Overall industry sales are growing rapidly and the customer base is diversifying, opening up significant opportunity for new video game products. SouthPeak is very well positioned to deliver unique and profitable game concepts and drive substantial stockholder value as a result."
Abhishek Jain, President of GSPAC, said, "SouthPeak operates in one of the fastest growing sectors of the media business. They have a highly regarded management team with incredibly deep retail experience and established relationships. The company already has a track record of strong financial performance and is well positioned to scale its unique operating model. We believe that the consideration to be paid for SouthPeak is very favorable to our stockholders and we are very enthusiastic about this transaction."
After giving effect to the completion of the business combination and the automatic conversion of GSPAC's Class B Common Stock into ordinary common stock, and assuming that none of its stockholders of Class B Common Stock exercise their conversion rights, there will be 11,900,100 shares outstanding. In addition, there will be 7,517,500 Class W warrants and 6,387,500 Class Z warrants outstanding. The publicly traded Class W and Z warrants are exercisable at $5.00 per share and callable at $7.50 and $8.75, respectively. The current owners of SouthPeak may earn up to 3,000,000 additional shares, subject to certain earnings and share price targets. The transaction, which has been unanimously approved by the Board of GSPAC, is subject to GSPAC stockholder approval, regulatory approval and other customary closing conditions. GSPAC anticipates completing the transaction in April 2008.
About SouthPeak
SouthPeak Interactive, LLC develops and publishes interactive entertainment software for all current hardware platforms including: PLAYSTATION(R)3 computer entertainment system, PSP(R) (PlayStation(R) Portable) system, PlayStation(R)2 computer entertainment system, Xbox 360(TM) video game and entertainment system, Wii(TM), Nintendo DS(TM) and PC. SouthPeak's games cover all major genres including action/adventure, role- playing, racing, puzzle/strategy, fighting and combat. SouthPeak's products are sold in retail outlets in North America, Europe, Australia and Asia. SouthPeak is headquartered in Midlothian, Virginia, and has offices in Grapevine, Texas and London, England. http://www.southpeakgames.com/
About GSPAC
Global Services Partners Acquisition Corp. (BULLETIN BOARD: GSPA, GSPAB, GSPAW, GSPAZ) is a blank check company that was formed for the specific purpose of consummating a business combination. It raised proceeds of approximately $34.7 million through its initial public offering consummated in April 2006, of which approximately $30.2 million was placed in trust. As of December 31, 2007, GSPAC had approximately $31.8 million in trust which equals approximately $5.31 per Class B share. Since the offering, GSPAC has dedicated its time to seeking and evaluating business opportunities.
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This press release contains statements relating to future results (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: market conditions for SouthPeak's published video games; market performance of SouthPeak's video games and the related impact on revenue and funds inflows/outflows; operational risks; costs related to the proposed acquisition by GSPAC; failure to gain the required approvals of GSPAC's stockholders; and risks that the closing of the transaction is substantially delayed or that the transaction does not close. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
In connection with the pending transaction, SouthPeak Interactive Corporation has filed with the SEC a registration statement on Form S-4, which includes a proxy statement/prospectus for the stockholders of GSPAC. The stockholders of GSPAC are urged to read the registration statement and the proxy statement/prospectus, when it is available, as well as all other relevant documents filed or to be filed with the SEC, because they will contain important information about SouthPeak Interactive Corporation, GSPAC and the proposed transaction. The final proxy statement/prospectus will be mailed to stockholders of GSPAC after the registration statement is declared effective by the SEC. GSPAC stockholders will be able to obtain the registration statement, the proxy statement/prospectus and any other relevant filed documents for free at the SEC's website (http://www.sec.gov/). These documents can also be obtained for free from GSPAC by directing a request to: Global Services Partners Acquisition Corp., 3130 Fairview Park Drive, Suite 500, Falls Church, Virginia 22042.
A registration statement relating to SouthPeak Interactive Corporation's securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
This release includes certain financial information (EBITDA) not derived in accordance with generally accepted accounting principles ("GAAP"). GSPAC believes that the presentation of this non-GAAP measure provides information that is useful to investors as it indicates more clearly the ability of SouthPeak to meet capital expenditures and working capital requirements and otherwise meet its obligations as they become due. SouthPeak's EBITDA was derived by taking projected earnings before interest, taxes, depreciation and amortization as it may be adjusted for certain one-time non-recurring items and exclusions.
All trademarks and copyrights contained herein are the property of their respective holders.
SouthPeak Interactive, LLC
CONTACT: SouthPeak Media contact: Bill Linn, +1-415-867-2100, bill@sandboxstrat.com, or GSPAC Investor contact: Rahul C. Prakash or Abhishek Jain, +1-703-286-3776
Web site: http://www.southpeakgames.com/
Muhammad Ali Enterprises Launches Online Store on 66th Birthday of The Greatest of All TimePlans for authentic autographed items and online chats at www.ALI.com
BERRIEN SPRINGS, Mich., Jan. 16 /PRNewswire/ -- Muhammad Ali's unique brand of courage, integrity, humor and determination continues to inspire millions of people around the world. To celebrate his 66th birthday tomorrow, on January 17, Muhammad Ali Enterprises LLC will launch the first-ever official Muhammad Ali online store at http://www.ali.com/, featuring authentic autographed items and licensed products.
In addition, MAE will also go online at http://www.ali.com/ to offer photographs that have never been available to the public before, as well as the opportunity to chat with Ali's friends and entourage. The public will even be able to send a birthday greeting to The Greatest of All Time himself.
"We are transforming our website into a platform offering even more original content about Muhammad," said Ronald A. DiNicola, president and CEO of Muhammad Ali Enterprises LLC. "We will be creating an online global community of Ali fans and we want everyone to be a part of it."
Fans will be able to chat with Howard Bingham, Ali's longtime best friend and photographer, at http://www.ali.com/ on January 17, and with other members of Ali's entourage in the coming days and weeks. For more information and details, visit http://www.ali.com/.
"Over the years, Ali has received many requests for authentic, quality signature items," DiNicola said. "Muhammad Ali Enterprises LLC is now able to offer a wide range of one-of-a-kind pieces, including autographed boxing gloves, shadow boxes, posters, and prints from its exclusive Ken Regan photo library."
"The website will evolve over time, as we will be changing and expanding our offerings based on feedback from Ali fans," he added.
About Muhammad Ali Enterprises LLC: Muhammad Ali Enterprises LLC ("MAE") is a California limited liability company. MAE is aggressively involved in a worldwide licensing program, merchandising, television, film, video and Internet projects. For more information on MAE, visit http://www.ali.com/. MAE is a subsidiary of CKX, Inc., a publicly traded company listed on the NASDAQ National Market(R) under the ticker symbol "CKXE." Also visit http://www.ckx.com/.
Muhammad Ali Enterprises LLC
CONTACT: Ed Tagliaferri for CKX, Inc., +1-212-981-5182
Web site: http://www.ali.com/
MarketAxess to Host Conference Call Announcing 2007 Fourth Quarter and Full-Year Results
NEW YORK, Jan. 16 /PRNewswire-FirstCall/ -- MarketAxess Holdings Inc. , the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other fixed-income securities, will announce its 2007 fourth quarter and full-year results on Wednesday, February 6, 2008. Richard M. McVey, MarketAxess' Chairman and CEO, T. Kelley Millet, President and James N. B. Rucker, Chief Financial Officer will host a conference call to discuss the Company's financial results and outlook on Wednesday, February 6, 2008 at 8:30 a.m. Eastern time.
To access the conference call, please dial 800-299-6183 (U.S.) or 617-801- 9713 (international). The passcode for all callers is 19424457. The Company will also host a live audio Webcast of the conference call on the Investor Relations section of the Company's website at http://www.marketaxess.com/. A replay of the call will be made available by dialing 888-286-8010 (U.S.) or 617-801-6888 (international) for one week after the announcement. The passcode for replay callers is 50359679. The Webcast will also be archived on http://www.marketaxess.com/ for 90 days following the announcement.
About MarketAxess
MarketAxess operates one of the leading platforms for the electronic trading of corporate bonds and certain other types of fixed-income securities, serving as an electronic platform through which our more than 675 active institutional investor clients can access the liquidity provided by our 30 broker-dealer clients. MarketAxess' multi-dealer trading platform allows our institutional investor clients to simultaneously request competitive, executable bids or offers from multiple broker-dealers, and to execute trades with the broker-dealer of their choice. MarketAxess offers our clients the ability to trade U.S. high-grade corporate bonds, European high-grade corporate bonds, credit default swaps, agencies, high-yield and emerging markets bonds. MarketAxess also provides data and analytical tools that help our clients make trading decisions, and we facilitate the trading process by electronically communicating order information between trading counterparties. Our DealerAxess(R) trading service allows dealers to trade fixed-income securities with each other on our platform.
MarketAxess Holdings Inc.
CONTACT: Media and Investor contacts; Stephen Davidson of MarketAxess Holdings Inc., +1-212-813-6021, or Sharron Silvers of Gavin Anderson & Co., +1-212-515-1931, for MarketAxess Holdings Inc.
Web site: http://www.marketaxess.com/
Coherent to Host Investor Tour at Photonics West Tradeshow
SANTA CLARA, Calif., Jan. 16 /PRNewswire-FirstCall/ -- Coherent, Inc. (Pink Sheets: COHR) (Santa Clara, CA) will host an investor tour on Wednesday, January 23, 2008 from 11:00 A.M. to noon at the Photonics West tradeshow at the San Jose Convention Center. CEO John Ambroseo will provide an overview on the products and applications being featured at the show including the new E-Series CO2 platform and several key additions to Coherent's patented OPS family. For any questions regarding the tour, please contact Investor Relations at 408-764-4174.
About Coherent, Inc.
Founded in 1966, Coherent, Inc. is a world leader in providing laser-based solutions to the commercial and scientific research markets. For more information about Coherent, including product and financial updates, visit our website at http://www.coherent.com/.
About Photonics West
SPIE Photonics West is the single most important North American exhibition for the photonics industry, focusing on optics, lasers, biomedical optics, optoelectronic components, and imaging technologies. Located at the center of Silicon Valley, Photonics West brings together more than 1,000 exhibitors and 17,000 attendees from the national and the international optics and photonics community.
Coherent, Inc.
CONTACT: Leen Simonet of Coherent, Inc., +1-408-764-4161
Web site: http://www.coherent.com/
Bull annonce l'acquisition de sa filiale Maine CI par Elco
PARIS, January 16 /PRNewswire/ --
- Bull poursuit son recentrage sur ses métiers stratégiques
Bull annonce aujourd'hui avoir réalisé le 11
janvier 2008 la vente de 100% de sa filiale Maine Circuits Imprimés (Maine
CI) au groupe italien Elco.
L'un des leaders italiens en matière de circuits imprimés techniques
destinés aux marchés de l'aéronautique et militaire, de l'industrie et des
télécommunications, Elco a réalisé en 2006 un chiffre d'affaires de 25
millions euros.
Implantée à Angers et spécialisée dans les circuits imprimés multicouches
et complexes destinés aux marchés de l'aéronautique, du militaire, des
industries scientifiques et techniques, Maine CI compte 80 personnes et a
réalisé, en 2006, un chiffre d'affaires de EUR 7 millions. Leader en France
dans les circuits prototypes et les marchés de petite série, elle bénéficie
d'une clientèle de premier plan.
L'adossement de Maine CI à Elco lui ouvre un nouveau potentiel de
croissance en capitalisant sur l'implantation internationale d'Elco et une
offre élargie. Par ailleurs, Elco s'est engagé à investir plusieurs millions
d'euros dans Maine CI au cours des deux prochaines années, ce qui permettra à
Maine CI d'accompagner ses clients dans l'évolution de leurs besoins.
Par le biais de cette transaction, le Groupe confirme sa capacité à
poursuivre sa transformation et à atteindre ses objectifs.
Maine CI intègrera le périmètre de consolidation d'Elco avec effet au 1er
janvier 2008.
A propos de Bull, architecte d'un monde ouvert
Expert des systèmes d'information ouverts, flexibles et sécurisés, Bull
est l'un des premiers acteurs informatiques européens. Le Groupe accompagne
les grandes entreprises et les administrations dans la transformation de leur
système d'information en leur apportant son expérience et son savoir-faire
dans trois domaines fondamentaux :
Serveurs ouverts, robustes et performants basés sur des technologies
standard, bénéficiant de son savoir-faire historique dans le domaine des
grands serveurs d'entreprise ;
Infrastructures applicatives flexibles et communicantes, grâce à ses
alliances avec les principaux éditeurs et son engagement de longue date dans
les logiciels libres ;
Sécurité de bout en bout des échanges et des données pour préserver la
souveraineté de ses clients.
Bull est particulièrement présent dans le secteur public, la santé, la
finance, les télécommunications, l'industrie et la défense. Son réseau de
distribution et de partenaires s'étend sur plus de 60 pays.
Pour plus d'informations : http://www.bull.fr
A propos de Elco
Basé près de Rome,le groupe Elco est un des leaders italiens en matière
de circuits imprimés techniques destinés aux marchés de l' aéronautique et
militaire, des semi-conducteurs, de l'industrie, des équipementiers
automobiles et des télécommunications. Avec près de 400 personnes, Elco est
également implanté en Chine et en Espagne.
Pour plus d'information, voir le site http://www.elco-group.com
Contact presse
Anne Marie Jourdain
Tel: +33-1-30-80-32-52
anne-marie.jourdain@bull.net
Relations Investisseurs
Peter Campbell
Tel: +33-1-30-80-32-36
peter.campbell@bull.net
Bull
Contact presse: Anne Marie Jourdain, Tel : +33-1-30-80-32-52, anne-marie.jourdain@bull.net; Relations Investisseurs: Peter Campbell, Tel: +33-1-30-80-32-36, peter.campbell@bull.net
Garmin Ltd. Invites You to Listen to Its Fiscal 2007 Earnings Call
CAYMAN ISLANDS, Jan. 16 /PRNewswire-FirstCall/ -- Garmin Ltd. invites shareholders and investors to listen to its fiscal year 2007 earnings conference call that will be broadcast over the Internet on Wednesday, February 20, 2008 at 11 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on February 20, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO)
What: Garmin Ltd. Fiscal 2007 Earnings Call
When: Wednesday, February 20, 2008, at 11:00 a.m. ET
Where: http://www.garmin.com/aboutGarmin/invRelations/irCalendar.html
How: Simply log on to the Web at the address above, or call to listen
in at (800) 883-9537 or (706) 643-9558.
Contact: investor.relations@garmin.com
A phone recording will be available for three business days following the earnings call and can be accessed by dialing (800) 642-1687 or (706) 645-9291 and utilizing the access code #31169439. An archive of the live webcast will be available until March 21, 2008 on the Garmin website at http://www.garmin.com/. To access the replay, click on the Investor Relations link and click over to the Events Calendar page.
Through its operating subsidiaries, Garmin Ltd. designs and manufactures navigation, communication and information electronics. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor, fitness, automotive, mobile and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit the Investor Relations site of Garmin Ltd. at http://www.garmin.com/ or contact the Investor Relations department at 913-397-8200.
Photo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Garmin Ltd.
CONTACT: Polly Schwerdt, Investor Relations Manager, +1-913-440-1394, investor.relations@garmin.com, or Ted Gartner, Media Relations Manager, +1-913-397-8200, ext. 1240, ted.gartner@garmin.com, both of Garmin Ltd.
Web site: http://www.garmin.com/
EnerSys Announces 3rd Quarter Fiscal 2008 Results Conference Call
READING, Pa., Jan. 16 /PRNewswire-FirstCall/ -- EnerSys , the world's largest manufacturer, marketer and distributor of industrial batteries, will host a conference call to discuss the Company's third fiscal quarter 2008 financial results and to provide an overview of the business. The call will conclude with a question and answer session.
The call, scheduled for Thursday, February 7, 2007 at 9:00 a.m. Eastern Time, will be hosted by John D. Craig, Chairman, President & Chief Executive Officer and Michael T. Philion, Executive Vice President - Finance & Chief Financial Officer.
The call will also be Webcast on EnerSys' website. There will be a free download of a compatible media player on the company's web site at http://www.enersys.com/.
The conference call information is:
Date: Thursday, February 7, 2007
Time: 9:00 a.m. Eastern Time
Via Internet: http://www.enersys.com/
Domestic Dial-In Number: 800-573-4752
International Dial-In Number: 617-224-4324
Passcode: 57893368
A replay of the conference call will be available from 11:00 a.m. on February 7, 2007 through midnight on March 6 2007.
The replay information is:
Via Internet: http://www.enersys.com/
Domestic Replay Number: 888-286-8010
International Replay Number: 617-801-6888
Passcode: 51068751
For more information, contact Richard Zuidema, Executive Vice President, EnerSys, P.O. Box 14145, Reading, PA 19612-4145, USA. Tel: 800/538-3627
About EnerSys:
EnerSys, the world leader in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers worldwide. Motive power batteries are utilized in electric fork trucks and other commercial electric powered vehicles. Reserve power batteries are used in the telecommunications and utility industries, uninterruptible power suppliers, and numerous applications requiring standby power. The company also provides aftermarket and customer support services to its customers from over 100 countries through its sales and manufacturing locations around the world.
More information regarding EnerSys can be found at http://www.enersys.com/.
EnerSys
CONTACT: Richard Zuidema, Executive Vice President of EnerSys, +1-800-538-3627
Web site: http://www.enersys.com/
Aberdeen Group Reveals Demand Management Best Practices for Discrete Manufacturers
CHICAGO, Jan. 16 /PRNewswire/ -- John Galt Solutions, the leading provider of affordable planning solutions for the consumer-driven supply chain, today announced the availability of a complimentary new report issued by Aberdeen Group entitled "Demand Management in Discrete Industries: Order to Delivery Excellence." This report discloses supply chain best practices shared by discrete manufacturers.
The recent benchmark report by Aberdeen, a Harte-Hanks Company , focused on the demand management practices of more than 260 companies. Aberdeen's investigation showed that 70% of respondents have a focused demand management program in place. In fact, 31% of companies indicate that they have had a program in place longer than 4 years.
Aberdeen research finds that these companies need to refocus their attention towards order-to-delivery excellence as a driver for demand management rather than just concentrating on demand planning (statistical forecasting). Aspects that companies should focus on include external collaboration, customer level forecasting, and integration with order management.
Nari Viswanathan, research director of the supply chain and logistics practice for Aberdeen remarked, "The transformation to a global model is creating new supply chain challenges internally within OEMs and in their suppliers. Lead-time reduction and order to delivery excellence are key drivers for demand management in the discrete industries."
Aberdeen used three key performance criteria, namely finished goods inventory turns, average customer service level, and average forecast accuracy at the product family level to distinguish Best-in-Class companies from Industry Average and Laggard organizations. Results show that Best-in-Class companies are:
-- 3x more likely than all others to have a single view of demand with
multiple views as inputs
-- 2.5x more likely than all others to integrate order management tightly
with the demand planning process
-- 2x more likely than all others to segment demand forecasts based on key
product-customer characteristics
-- 3x more likely than all others to allocate forecasts down to the SKU
level
Anne Omrod, CEO of John Galt Solutions adds, "Today demand planners struggle to create forecasts with spreadsheets that weren't designed to collect or manage all the information and input needed. With our Atlas Planning Suite, planners benefit from a comprehensive supply chain planning solution that offers more input via our S&OP process and Collaboration Portal, as well as more information using our new Point of Sale (POS) forecasting capabilities. Our customers benefit from the ability to further segment demand forecasts as well as allocate at the SKU level."
To obtain a complimentary copy of the report, visit: http://www.aberdeen.com/link/sponsor.asp?cid=4213.
About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen(TM) for insights that drive decisions.
About John Galt Solutions
John Galt Solutions helps increase forecast accuracy and optimize inventory levels in consumer-driven supply chains. With the ForecastX Wizard and the Atlas Planning Suite, we provide a wide range of affordable, easy to implement, supply chain planning solutions designed for growing mid-market companies. Over 5,000 customers have benefited from our deep industry expertise and innovative technologies. Industry leaders such as Bayer Crop Science, DuPont, Fidelity Investments, Hasbro Games, Huhtamaki, Sealy, Syngenta Crop Protection, and The Container Store have improved their bottom line through increased revenues and inventory cost reductions. To learn more please visit http://www.johngalt.com/ or call 312.701.9026.
John Galt Solutions
CONTACT: Paul Mackie of John Galt Solutions, +1-312-701-9026
Web site: http://www.johngalt.com/
Motorola Fourth-Quarter 2007 Earnings Results to Be Issued on 23 JanuaryPresentation by Executives Following Earnings Release to be Webcast
SCHAUMBURG, Ill., Jan. 16 /PRNewswire-FirstCall/ -- Motorola, Inc. fourth-quarter results are scheduled to be issued at approximately 6:00 a.m. Central Time (USA) on Wednesday, 23 January. Motorola will host its quarterly conference call with financial analysts following the earnings release at 7:00 a.m. Central Time (USA) on 23 January. The conference call will be webcast live with audio and slides at http://www.motorola.com/investor.
A replay of the conference call will be available over the Internet at http://www.motorola.com/investor, approximately three hours after the call has been completed.
About Motorola
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of seamless mobility, the people of Motorola are committed to helping you connect simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $42.8 billion in 2006. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Motorola, Inc.
CONTACT: Media, Jennifer Erickson, +1-847-435-5320, Jennifer.erickson@motorola.com, or Investors, Dean Lindroth, +1-847-576-6899, Dean.lindroth@motorola.com, both of Motorola, Inc.
Web site: http://www.motorola.com/
ProLink Solutions Installs GPS Systems at Record Number of Golf Courses in 2007Superior Technology, Revenue-Enhancing Ad Program Result in 17.6% Increase in Golf Course Installations
CHANDLER, Ariz., Jan. 16 /PRNewswire-FirstCall/ -- ProLink Solutions -- a wholly-owned subsidiary of ProLink Holdings Corp. (BULLETIN BOARD: PLKH) and the world's leading provider of Global Positioning Satellite ("GPS") golf course management systems and on-course advertising -- announced today that it installed its Systems at a record number of courses throughout the world in 2007.
Last year, 180 golf courses installed, upgraded or renewed their leases on the industry-leading ProLink GPS system. This marked the largest single-year expansion in the company's history with a 17.6-percent increase from the 153 courses installed in 2006. A total of 10,642 ProLink GPS units were sold or leased in the United States and abroad during 2007. ProLink now enjoys a presence on five continents across the globe in countries including Scotland, Germany, Dubai, South Africa, Spain, Mexico, Japan and England.
Use of ProLink GPS continued growing in key golf territories such as Hawaii, California and Arizona in 2007. Among the high-profile courses and resorts choosing ProLink were the Four Seasons Hualalai (Hawaii), Black Gold Golf Club (California) and the Arizona Biltmore. ProLink also claimed key accounts in Myrtle Beach, S.C. (Tidewater GC, Resort Course at Grande Dunes) and New Mexico (Towa Resort, Inn of the Mountain Gods, University of New Mexico). Highly regarded management companies including Florida's Hampton Golf Inc. and Access Golf of Washington state selected ProLink as the exclusive GPS provider for their properties.
ProLink's system is now featured at more than 700 golf properties around the world. More than 550 of these courses are equipped with media-ready systems to support the advertising initiatives being launched worldwide. ProLink recently entered an exclusive partnership with ABC New Media Sales to sell national advertising on The ProLink Network, which reaches more than 12 million golfers annually. Through its ProFit program, ProLink is responsible for on-screen ad sales while courses share those revenues.
"ProLink continued its rapid expansion in 2007 thanks to the efforts of our outstanding sales force, innovative screen features that make golf more enjoyable, and the numerous system functions that help course operators boost revenues," said Lawrence D. Bain, CEO of ProLink Solutions. "Our growth provides further validation of ProLink's superior technology, service and the value proposition offered to courses.
"Through improved pace-of-play, higher food-and-beverage income, increased tournament play and ad-revenue sharing, courses recognize a significant return when investing in ProLink. As use of our system spreads, advertisers also receive greater access to a demographic they covet -- affluent golfers -- in a captive setting where ad recall is outstanding."
Our continued investment in customer service and the formation of our Partner Management group yielded great results as we achieved record levels of customer renewals and upgrades. In a recent independent survey over 87% of Prolinks customers said they would refer us to another course."
ProLink's 2007 expansion highlighted a year of key developments. The company also acquired ScoreCast, maker of the game's most widely used tournament scoring software; introduced a real-time scrolling sports ticker to its screens; named Andy Batkin CEO and Chris Kager Executive Vice President of The ProLink Network, its advertising sales division; formed a significant partnership with ABC New Media Sales and appeared as the Official Distance Measurement System on ESPN2's broadcast of "People vs. the Pros."
About ProLink
ProLink Solutions is the world's leading provider of GPS golf course management systems and revenue-generating on-course advertising. ProLink Solutions' core philosophy is to be a "Trusted Partner" to its golf-course customers. From enhancing golfers' overall experience and improving pace-of-play, to increasing current revenue streams and creating new profit centers for golf courses, ProLink Solutions' products and services have captured markets both nationally and globally. For more information about ProLink, visit http://www.goprolink.com/, call 480.753.2337 or email info@goprolink.com.
Safe Harbor
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about ProLink Holdings Corp. (PLKH). Forward-looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of ProLink's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The information set forth herein should be read in light of such risks. ProLink Solutions does not assume any obligation to update the information contained in this press release.
CONTACT:
Daniel Mitchell
Buffalo Communications
253.312.4536
dmitchell@billycaspergolf.com
Investor Relations Contact:
CEOcast, Inc.
Andrew Hellman
212.732.4300
adhellman@ceocast.com
BPC Financial Marketing
John Baldissera
800.368.1217
ProLink Holdings Corp.
CONTACT: Daniel Mitchell of Buffalo Communications, +1-253-312-4536, dmitchell@billycaspergolf.com; or investor relations, Andrew Hellman of CEOcast, Inc., +1-212-732-4300, adhellman@ceocast.com; or John Baldissera of BPC Financial Marketing, 1-800-368-1217, all for ProLink Holdings Corp.
Web site: http://www.goprolink.com/
RentBureau Signs Three New ParticipantsMid-America Apartment Communities, Inc., McKinley Inc., and Morrison, Ekre & Bart Management Services (MEB) add 71,000 units to rental payment database
ATLANTA, Jan. 16 /PRNewswire/ -- RentBureau(TM), the first national online repository of rental payment histories, has added three national apartment owners and managers as participants, announced RentBureau President and CEO Eric Hartz. Mid-America Apartment Communities, Inc. (Public, NYSE: MAA), McKinley Inc., and Morrison, Ekre & Bart Management Services will contribute and have access to the data in RentBureau's National Rental Data Exchange (NRDE(TM)) database. The three new participants represent more than 71,000 apartment units in 19 states.
As partners with RentBureau, Mid-America, McKinley and MEB have access to four million rental payment records available through RentBureau's NRDE database, enabling them to identify potentially risky residents at the time of their application. The NRDE database also allows them to support their residents by helping them establish or restore their credit.
Mid-America Apartment Communities, Inc. is a real estate investment trust that owns and manages 40,500 apartments in 13 states. The company is traded on the NYSE and is headquartered in Memphis, TN. Headquartered in Ann Arbor, Michigan, McKinley Inc. is a national real estate investment firm that owns and operates $1.8 billion in assets in 103 properties, including 17,300 apartments and more than five million square feet of commercial space in 10 states. Morrison, Ekre & Bart Management Services provides management services to a diverse portfolio of over 14,000 apartment units and over 300,000 square feet of commercial property. MEB is based in Arizona.
"Working with RentBureau provides us with the data we need to not only accept good applicants into our properties, but also to control operating costs at the property level by mitigating many of the expenses associated with skips, evictions and damages caused by bad renters," said James Maclin, Senior VP & Director of Corporate Support of Mid-America Apartment Communities, Inc.
"RentBureau's data will become an important management tool for McKinley because it can be shared among properties in different states, allowing our sales staff to make more informed leasing decisions at the time of application," noted Ken Polsinelli, Executive Vice President of McKinley Inc.
"The addition of RentBureau data assists MEB in continuing to provide quality housing to deserving applicants, including those who may have been previously missed, while improving the financial performance of our portfolio," added Jodi Bart of Morrison, Ekre & Bart Management Services.
"The NRDE database is quickly becoming the standard, as illustrated by the addition of these three prestigious partners," said Eric Hartz. "Not only are apartment owners and managers able to make better leasing decisions about their prospective tenants, they help their residents seeking to build credit. With each new company, the strength of our database and the benefits provided to RentBureau's participants grows exponentially."
About RentBureau
RentBureau is the first national system providing apartment owners and managers with accurate and current rental payment histories of apartment residents and applicants. Every 24 hours, RentBureau automatically and securely collects resident rental payment information from its members' existing property management software. RentBureau makes the data collected in its National Rental Data Exchange (NRDE(R)) database available directly or through an apartment company's existing screening provider.
Media Contact:
Todd Scott
Himmelrich PR
410-528-5400 / 877-528-1515
todd@himmelrich.com
Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Eric Hartz http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=68251
RentBureau
CONTACT: Todd Scott of Himmelrich PR, +1-410-528-5400, +1-877-528-1515, todd@himmelrich.com, for RentBureau
AT&T Announces $20 Million for Nationwide Software Architecture Systems Project for the United States Postal Service
VIENNA, Va., Jan. 16 /PRNewswire-FirstCall/ -- AT&T Inc. today announced that the AT&T Government Solutions business unit was awarded a task order worth up to $20 million to provide Software Engineering services for software verification and validation of United States Postal Service (USPS) automated mail-processing and sorting systems.
AT&T software engineering expert teams will test USPS systems nationwide that help process billions of mail pieces every year. AT&T will assist the USPS to drive continued implementation of standardized software development life-cycle processes and procedures across the USPS Engineering organization.
Under the terms of the contract, AT&T will use its Software Engineering services and IT expertise to provide software and documentation Independent Verification and Validation (IV&V), software-configuration management (SCM) and other required services to the USPS Engineering Software Process Management (SPM) group.
The SPM group supports the USPS and Engineering by focusing on continuously providing the necessary high-quality and reliable software required by USPS automated mail-processing and sorting systems.
"When you deliver 200 billion-plus pieces of mail a year, a sound approach to enhancing your software architecture is a key to generating efficiencies," said John R. Klebonis, Jr., vice president-Professional Services, AT&T. "AT&T's software engineering expertise, combined with our knowledge-driven and CMMI-rated expert teams, helps USPS ensure the development of their systems and provides it with the extra quality assurance it needs."
AT&T's Software Engineering services that it will execute for the USPS automated mail-processing and sorting systems recently received the Capability Maturity Model Integration (CMMI) Maturity Level 3 rating in all 21 process areas. The CMMI rating covered AT&T's systems and software development, integrated process and product development, and supplier sourcing.
The task order is up to two years, with three one-year options. The task order was awarded under the Integrated Business System Solutions Ordering Agreement (IBSS OA) contract.
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About AT&T Government Solutions
AT&T Government Solutions is a long-standing, trusted source of network-enabled solutions for the federal government, integrating unmatched network resources and IT and software engineering expertise with innovative technologies from AT&T Labs and industry-leading partners. With headquarters in Vienna, Va., AT&T Government Solutions is best known for network leadership in voice, data, video and managed services. AT&T Government Solutions is a proven solutions integrator, with expertise in areas such as education and training, enterprise resource planning and management, information assurance, knowledge management, modeling and simulation, network transformation and management and program management.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Alex Kepnes, +1-703-575-8900, alex.kepnes@fleishman.com, for AT&T Inc.
Web site: http://www.att.com/
U.S. Army Awards ITT $174.7 Million Night Vision Order
WHITE PLAINS, N.Y., Jan. 16 /PRNewswire/ -- ITT Corporation today announced that its night vision business was awarded an order from the U.S. Army Research, Development & Engineering Command Acquisition Center totaling $174.7 million. The order is for the AN/PVS-14 night vision monocular-ITT's most versatile night vision unit-and spare image tubes. It is the latest order for the Omnibus VII contract awarded by the U.S. Army in September 2005.
The AN/PVS-14 allows users to adjust the gain control in varying light conditions in both urban and rural settings. These versatile devices can be hand-held, head or weapon mounted, or fitted to a camera. The spare image tubes will support the Army Life Cycle Management Command's reset initiatives to refurbish battle-worn goggles.
"The Omnibus VII contract has been an important tool for the Army to equip every serving unit with crucial night vision technology in support of night and low-light missions," said Mike Hayman, president and general manager, ITT Night Vision. "We are pleased to receive this latest order, and are proud to support our warfighters."
In addition to the AN/PVS-14 monocular devices, image tubes for AN/PVS-7 and AN/PVS-14 goggles will be delivered through this latest order. ITT's Omnibus VII contract has a total potential value of $1.39 billion. Work will be performed in Roanoke, Va.
By the end of 2007, ITT had received Omnibus VII orders for more than 250,000 AN/PVS-14 monocular devices, 3,000 AN/PVS-7 goggles and 100,000 associated spare image intensifier tubes.
ITT Night Vision (http://www.nightvision.com/) is the world's leading developer, producer and supplier of Generation (Gen) 3 image intensifier technology for U.S. and allied military forces as well as the homeland security market. ITT has served the U.S. military with premier night vision solutions for more than 45 years and delivered its one millionth Gen 3 image tube in 2007.
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 water and fluid transport, treatment and control technology. The company plays a vital role in international security with communications and electronics products; space surveillance and intelligence systems; and advanced engineering and services. It also serves a number of growing markets-including marine, transportation and aerospace-with a wide range of motion and flow control technologies. Headquartered in White Plains, N.Y., the company employs approximately 40,000 people and generated $7.8 billion in 2006 sales.
Safe Harbor Statement
Certain material presented herein includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995 ("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 Corporation 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: Allison Moore, +1-540-561-0582, allison.moore@itt.com, or Tom Glover, +1-703-790-6334, tom.glover@itt.com, both of ITT Corporation
Web site: http://www.itt.com/ http://www.nightvision.com/
/C O R R E C T I O N -- Edgetech International, Inc./In the news release, EGIL Teams With Action Electric to Beta Test The PC Edge for the Service Industry Vertical Market, issued yesterday, Jan. 15, by Edgetech International, Inc. over PR Newswire, the Stock Symbol should have been referenced in the release as "(OTC: EGIL)" rather than "(OTC Bulletin Board: EGIL)" as incorrectly transmitted by PR Newswire.Complete, corrected release follows:EGIL Teams With Action Electric to Beta Test The PC Edge for the Service Industry Vertical Market
LAUDERDALE BY THE SEA, Fla., Jan. 15 /PRNewswire-FirstCall/ -- Edgetech International, Inc. (together with its wholly-owned subsidiary), ("Edgetech" or the "Company") is pleased to announce that the Company has initiated a beta test with Action Electric to provide a Mobile Computing Solution for its field service organization. The Action Electric field service personnel will now be able to manage their daily schedules, receive e-mail notifications of pending appointments, and open attached documents for job specifications. In addition The PC Edge will provide GPS location information, driving directions, and remotely access inventory information.
"The PC Edge" is a unique, handheld, stand alone wireless unit with a built in modem and full-screen display providing High Speed Internet Access.
Edgetech Vice President of Sales, Keith R. Jones, stated, "We are very excited to work with Action Electric on The Service Industry Vertical Market Application. This is an opportunity to leverage the capabilities of The PC Edge to meet the requirements of customers in this vertical market."
Action Electric Field Service Manager, Douglas Hammer, stated, "The PC Edge offers our company a mobile computing solution that in the past could only be accomplished with multiple devices at a much higher cost. The combination of size, speed, capabilities, and price makes The PC Edge a compelling solution for organizations with field service personnel."
About Action Electric:
Action Electric has been family owned and operated servicing Broward and Palm Beach County for over seventeen years. The company takes pride in delivering the best quality service possible for the electrical service industry. Action Electric has a history of utilizing the latest technology in their efforts to provide customers with the highest quality service available in the market place.
About Edgetech International:
We are an authorized distributor of "The PC Edge". "The PC Edge" is a robust, handheld wireless internet access device which delivers High Speed Internet Access, displaying full content HTML, web pages, graphics and java script. "The PC Edge" offers a full desktop web experience, together with a larger functional keyboard than competitive products.
The Company's executive office facility is located at 218 E. Commercial Blvd., Suite 208 I, Lauderdale by the Sea, Florida 33308. Its telephone number is 954-772-7782 and its website address is http://www.thepcedge.com/.
Except for historical information, the matters discussed in this press release are "forward looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties that could cause actual results to be materially different from historical results or from any results expressed or implied by such forward looking statements. Any forward looking statements speak only as of the date on which such statement is made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward looking statements, whether as result of new information, future events or otherwise. Factors that could cause such results to differ materially from the results discussed in such forward looking statements include, without limitation: uncertain continued ability to meet our operational needs in view of continued severe ongoing working capital constraints; need for substantial additional capital to fully implement our plan of operations; no assurances of and uncertainty of profitability; no assurances of the Company's ability to effect sufficient product sales so as to maintain exclusivity in certain territorial markets, the result of which could materially adversely effect the Company's results of operations; need for additional management, sales and marketing personnel, which is contingent upon our receipt of additional capital; competition from companies having substantially great financial, marketing and other resources than the Company, including name and brand recognition; the impact of competitive services and pricing; changing consumer tastes and trends; and the legal, auditing and administrative cost of compliance associated with the Sarbanes Oxley Act. Many of such risk factors are beyond the Company's control. New factors emerge from time to time and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business of the Company or the extent to which any factor, or combination of factors may cause actual results to differ materially from those contained in any forward looking statements. In light of these risks and uncertainties, there can be no assurance that the results anticipated in these forward looking statements will in fact occur. The Company undertakes no obligation to update any such forward looking statements.
Edgetech International, Inc.
CONTACT: Gabriel Goldfine of Southeastern Financial Holdings LLC, +1-786-629-0334, for Edgetech International, Inc.; Keith R. Jones, Vice President of Sales of Edgetech International, Inc., +1-954-772-7782
Web site: http://www.thepcedge.com/
Microsoft and EDGAR Online Team Up on Advertising and ContentEDGAR Online audience provides increasingly strategic opportunities for advertisers.
REDMOND, Wash. and SOUTH NORWALK, Conn., Jan. 16 /PRNewswire-FirstCall/ -- Microsoft Corp. and EDGAR Online Inc. today announced a strategic alliance in which the two companies will collaborate to bring relevant advertising to the EDGAR Online audience and content to the MSN portal. EDGAR Online is a premier source of financial information and corporate intelligence and is a leading provider of Extensible Markup Language (XML)- and Extensible Business Reporting Language (XBRL)-tagged data and information. Through the deal, Microsoft will be the exclusive third-party provider of display, contextual and video advertising for EDGAR Online and its global audience of more than 2 million unique visitors per month, and EDGAR Online will provide content, such as Securities and Exchange Commission (SEC) filing documents, to MSN Money.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
"EDGAR Online attracts a highly targeted audience with its deep business and financial content, and coupling that audience with Microsoft's advertising technologies is going to be a winning combination for advertisers," said Brian McAndrews, senior vice president, Advertiser and Publisher Solutions at Microsoft. "The inclusion of EDGAR Online as a syndicated advertising partner site and the addition of its content to MSN Money will add value for our users and will help advertisers reach an even broader audience in this highly attractive financial vertical."
The content provided by EDGAR Online will include access to all SEC filing documents for publicly traded U.S. companies and will be accessible via the ticker and company search function on the MSN Money Web site. EDGAR Online content will cover all public companies that file information with the SEC and provide access to the complete database of millions of company, fund and individual filers to facilitate company and financial research at summary and in-depth levels.
"Microsoft's advertising technologies are best in class, and we believe this deal will further enhance the experience of our users by ensuring the advertising they see on our site is relevant to their interests," said Sue Bratone Childs, executive vice president and chief marketing officer, EDGAR Online. "Furthermore, the addition of our financial content to MSN Money is a strategic expansion of our brand and reach, and a win for consumers and advertisers alike."
Microsoft is expected to begin serving contextual, display and video ads on the EDGAR Online site in March. Content integration on MSN Money is under way, and a launch is expected later this year.
About EDGAR Online
EDGAR Online, Inc. , http://www.edgar-online.com/, is a leading provider of value-added business and financial information on global companies to financial, corporate and advisory professionals. The Company makes information and a variety of analysis tools available via online subscriptions and licensing agreements to a large user base.
About Microsoft
Founded in 1975, Microsoft 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: Red Consultancy, +1-212-529-7700, mdasus@redconsultancy.com, for Microsoft Corp.
Web site: http://www.microsoft.com/ http://www.edgar-online.com/
ANADIGICS Earnings Conference Call to Be Webcast February 12, 2008
WARREN, N.J., Jan. 16 /PRNewswire-FirstCall/ -- ANADIGICS, Inc. , a leading supplier of wireless and broadband communications solutions, will host a conference call to review fourth quarter and year end 2007 financial results and provide forward-looking guidance on Tuesday, February 12, 2008 at 5:00 p.m. (EST). The conference call will be web cast live on the Company's web site at http://www.anadigics.com/.
A telephone playback of the conference call will be available approximately one hour after the call's completion and can be accessed by dialing 800-388-5895. The playback will be available until Tuesday February 19, 2007.
ANADIGICS will distribute 2007 financial results at approximately 4:00 p.m. (EDT) on Tuesday, February 12, 2008.
About ANADIGICS
ANADIGICS, Inc. is a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets. The Company's products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components, which can be sold individually or packaged as integrated radio frequency and front end modules.
Except for historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, order rescheduling or cancellation, changes in customers' forecasts of product demand, timely product and process development and protection of the associated intellectual property rights, individual product pricing pressure, variation in production yield, changes in estimated product lives, difficulties in obtaining components and assembly and test services needed for production of integrated circuits, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including the report on Form 10-K for the year ended December 31, 2006. Actual results could differ materially from the Company's forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as "believe", "anticipate", "expect", or words of similar import. Similarly, statements that describe the Company's future plans, objectives, estimates, or goals are forward-looking statements. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such statements include those factors discussed herein.
ANADIGICS, Inc.
CONTACT: Investor Relations, Thomas Shields of ANADIGICS, Inc., +1-908-412-5995, tshields@anadigics.com
Web site: http://www.anadigics.com/
Adspace Networks Expands Partnership With CBL & Associates PropertiesOne of the Nation's Top Mall Operators To Install Adspace Digital Video Advertising Network in 67 Malls Nationwide
NEW YORK, Jan. 16 /PRNewswire/ -- Adspace Networks, Inc., operator of the country's largest in-mall digital video advertising network, has announced that one of the nation's largest owners and operators of malls, CBL & Associates Properties, Inc. , will expand its installation of Adspace digital displays to 67 CBL mall properties across the country.
CBL and Adspace announced a strategic partnership in April 2007, which resulted in the implementation of the Adspace Mall Network in 12 CBL properties.
The expanded relationship with CBL follows Adspace's announcement that it had turned on its digital signs in its 100th mall location at the Chesterfield Mall, Chesterfield, Mo., a CBL property. Adspace currently has 190 malls under contract and is already installed in 102 malls, of which 23 are CBL properties in top markets including Pittsburgh, St. Louis, Raleigh-Durham, Atlanta, Detroit, Minneapolis, Cleveland, Baltimore and Nashville.
A key feature of the Adspace Mall Network is the "Today's Top Ten" programming, which showcases a mall's top 10 sales items each week. The program allows the mall's retailers to compete to be featured on the screens by submitting their best deals including original prices and total savings. Adspace then chooses the 10 best deals and produces a free 12-second spot, for each, and incorporates the ten spots into its six-minute loop of content and advertising.
"The Adspace Mall Network has proven to be extremely popular with our retailers and shoppers," said Jerry Sink, senior vice president, mall management, CBL & Associates Properties, Inc. "They have embraced the Adspace programming and technology, especially its ability to promote sales and specials, as well as mall events, in an interesting and entertaining way. We look forward to giving retailers and consumers in many other CBL locations the opportunity to view Adspace's programming."
"The expansion of our relationship with CBL demonstrates the rapidly growing acceptance of Adspace as the leader in mall-based digital media," said Eric Steinert, senior vice president of Business Development, Adspace Networks. "CBL's portfolio provides access to a strong list of centers that will help drive the overall development of our growing network."
In addition to CBL, Adspace Networks also operates its network in malls owned by General Growth Properties, Westfield and Glimcher Realty Trust . Adspace currently provides a presence in 39 top DMAs across the United States.
About CBL Properties
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 162 properties, including 84 regional malls/open-air centers. The properties are located in 27 states and total 82.8 million square feet including 1.8 million square feet of non-owned shopping centers managed for third parties. CBL currently has eleven projects under construction totaling 2.9 million square feet including Pearland Town Center, Houston (Pearland), TX; Settlers Ridge in Pittsburgh, PA; CBL Center II in Chattanooga, TN; two lifestyle/associated centers, five mall expansions/redevelopments, and one community center. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas, TX, and St. Louis, MO. Additional information can be found at cblproperties.com.
About Adspace Networks, Inc.
Adspace Networks, Inc. http://www.adspacenetworks.com/ owns and operates the Adspace Mall Network, the largest in-mall digital video advertising network in the country. Currently located throughout more than 100 Class A malls across the United States, the network consists of over 1,300, eight and nine-foot- tall plasma screens- called "Smart Screens." The Smart Screen displays show programming which combines a mix of the top ten sale items in the mall, mall events, and local and national advertising. The network reaches 100 million affluent (source: Directory of Major Malls(R)) consumers each month, and is particularly effective at reaching teens, young adults, and women. Adspace is also a charter member of the Out-of-Home Video Advertising Bureau (OVAB), an organization that will help provide standards and best practices for the burgeoning out-of-home video advertising industry.
This release is available on the KCSA Worldwide Web site at http://www.kcsa.com/.
CONTACT: Anne Donohoe / Christa Conte
KCSA Worldwide
212.896.1261 / 212.896.1238
adonohoe@kcsa.com / cconte@kcsa.com
Adspace Networks, Inc.
CONTACT: Anne Donohoe, +1-212-896-1261, adonohoe@kcsa.com, or Christa Conte, +1-212-896-1238, cconte@kcsa.com, both of KCSA Worldwide, for Adspace Networks, Inc.
Web site: http://www.adspacenetworks.com/ http://www.cblproperties.com/
WallSt.net (www.wallst.net) Updates the Investment Community Through an All-New Interview with CDEX, Inc.
NEW YORK, Jan. 16 /PRNewswire/ -- On January 15, Malcolm Philips, Jr., President and CEO of CDEX, Inc. (BULLETIN BOARD: CEXI) (http://www.cdex-inc.com/) updated the investment community in an all-new interview with http://www.wallst.net/. Topics covered in the interview include an overview of the company and its growth strategy, recent press releases, market opportunity, and upcoming milestones for investors to watch for.
To hear the interview in its entirety, visit http://www.wallst.net/, and click on "Interviews." The interview can be accessed either by locating the company's ticker symbol under the appropriate exchange on the top of the "Interviews" section of the site, or by entering the company's ticker symbol in the Search Archive window.
About CDEX, Inc.
CDEX, a technology development company currently developing products using its patented/patent pending chemical detection technologies, is focused on (i) identification of substances of concern (e.g., explosives and illegal drugs, for security markets); and (ii) validation of substances for anti-counterfeiting, brand protection and quality assurance (e.g., validation of compounded medication and detection of counterfeit or sub-par products, for the medical and brand protection markets). ValiMed(TM) and the Meth Scanner(TM) are CDEX solutions for the healthcare and security markets. Corporate headquarters and R&D facilities are located in Tucson, Arizona. For more information, visit http://www.cdex-inc.com/ and http://www.valimed.com/ or contact Malcolm Philips (mphilips@cdex-inc.com) or Stuart Poteet (spoteet@cdex-inc.com) at 520.745.5172 X 210 or X 202.
About WallSt.net:
http://www.wallst.net/ is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. (http://www.financialmediagroupinc.com/). The Web site is a leading provider of timely business news, executive interviews, multimedia content, and research tools. Financial Media Group, Inc. also owns http://www.mywallst.net/, a financial social network for investors, and Financial Filings Corp. (http://www.financialfilings.com/), a provider of media and compliance solutions to publicly traded companies. In addition to WallSt.net, WallStreet Direct, Inc. owns and operates WallStRadio (http://www.wallstradio.com/), a business and finance podcast Web site. Financial Filings Corp. is expecting to receive two hundred eighty dollars from CDEX, Inc. for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp .
(Logo: http://www.newscom.com/cgi-bin/prnh/20050927/LATU121LOGO)
Contact: WallSt.net
800-4-WALLST
Photo: http://www.newscom.com/cgi-bin/prnh/20050927/LATU121LOGO PRN Photo Desk, photodesk@prnewswire.com
WallStreet Direct, Inc.
CONTACT: WallSt.net, 1-800-4-WALLST
Web site: http://www.wallst.net/ http://www.cdex-inc.com/ http://www.valimed.com/ http://www.financialmediagroupinc.com/ http://www.mywallst.net/ http://www.financialfilings.com/
Dr. Bart Harmon Named Chief Medical Officer for Harris Corporation's Healthcare Solutions Business
MELBOURNE, Fla., Jan. 16 /PRNewswire-FirstCall/ -- Dr. Bart Harmon, MD, MPH, a national leader in military healthcare and health information systems, has joined Harris Corporation as chief medical officer (CMO) of the company's new Healthcare Solutions business. Harris Healthcare Solutions is delivering enterprise intelligence solutions to private and military healthcare clients by leveraging the company's leadership in assured communications(R) and information technology (IT), including an extensive portfolio of digital content management and visualization products for commercial and government healthcare markets.
Dr. Harmon was previously chief medical information officer and director of information management for the Military Health System (MHS) of the U.S. Department of Defense (DoD). In this role he served on the staff of the Assistant Secretary of Defense for Health Affairs. For more than ten years, Dr. Harmon led electronic health record initiatives within the DoD. He also chaired the work group that defined information sharing requirements between the DoD and the Veterans Health Administration.
Dr. Harmon serves on a work group to standardize health information technology terms for the Office of the National Coordinator for Health Information Technology. He previously served on the Electronic Health Records Work Group and was on the Board of the Health Information Technology Standards Panel. Both groups report to the American Health Information Community (AHIC), which is chaired by the U.S. Secretary of Health and Human Services.
Dr. Harmon also chaired the NATO Medical Communication and Information Systems Expert Panel and served as the DoD lead for the international health standards organization, Health Level Seven (HL7). In 2003, Dr. Harmon was deployed to Kuwait and Iraq to provide training on the DoD Electronic Health Record system for the regional medical team.
"Dr. Harmon brings recognized expertise and insight into both military health systems and national health IT initiatives that are critical to improving healthcare in the United States," said Jim Traficant, vice president of Harris Healthcare Solutions. "He will be instrumental in our mission to deliver enterprise intelligence solutions and services for military and private healthcare clients, and in helping to improve healthcare delivery at the point of care for our veterans here at home as well as our troops serving around the globe."
Dr. Harmon received his medical degree from the University of Washington, a master's degree in Public Health from the Harvard School of Public Health, and a bachelor of science degree from Northwest Nazarene University. He is also a graduate of the U.S. Army Command and the General Staff course. He retired from the U.S. Army at the rank of Colonel. Dr. Harmon will be based at the Harris offices in Falls Church, Virginia. A high-resolution photograph of Dr. Harmon is available at http://www.harris.com/images/PressRelease/harmon.jpg
Harris Healthcare Solutions provides enterprise intelligence solutions and services for commercial and government customers, including systems integration, intelligent infrastructure, visualization and display, and digital content management solutions. Harris products, systems, and services improve health outcomes by assuring that critical medical information is delivered with security and privacy to the right person, on the right device, at the point of care.
About Harris Corporation
Harris is an international communications and information technology company serving government, defense and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of over $4 billion and 16,000 employees -- including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(TM) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/.
Harris Corporation
CONTACT: Sleighton Meyer of Harris Healthcare Solutions, +1-321-727- 6514, sleighton.meyer@harris.com; or Jim Burke, +1-321-727-9131, jim.burke@harris.com; or Marc Raimondi, +1-703-739-1738, marc.raimondi@harris.com, both of Harris Corporation
Web site: http://www.harris.com/
Comtech Group, Inc. Provides Business Update and Reiterates Guidance
SHENZHEN, China, Jan. 16 /PRNewswire-FirstCall/ -- Comtech Group, Inc. , a leading provider of customized module design solutions for more than 200 technology product manufacturing companies based in China, today provided an update on its fourth quarter of 2007 and outlook for 2008.
Jeffrey Kang, Chairman & Chief Executive Officer, Comtech Group said, "During the fourth quarter of 2007, Comtech saw strong business expansion in all business segments: Digital Media, Mobile Handset and Telecom Infrastructure. Although we do not yet have final results for the quarter, we expect the fourth quarter to be the biggest quarter in company history."
The Company reiterates 2007 full year guidance on non-GAAP earnings at $0.70 per share and revenue of $221 million, which would represent 30% year on year growth.
Mr. Kang continued, "Although we are facing the slowdown of the US economy, our management remains confident about Comtech's strong business growth outlook in 2008. The US economy has little effect on Comtech because the majority of our business comes from the Chinese domestic market. We also anticipate that the demand from our end markets will result in strong growth in 2008. We expect this growth to be driven by strong consumer spending in China and vigorous growth in emerging markets, such as India."
The Company schedules to announce its preliminary earnings results for the fourth quarter of 2007 and provide 2008 business outlook on February 1, 2008.
About Comtech:
Comtech Group, is a leading provider of customized module and subsystem design solutions for the Chinese market. The company believes it acts as a proxy to China's technology industry as it works with virtually all the major ODMs and OEMs in China. Comtech utilizes these relationships and combines their IP to create designs that Comtech then sells to electronic manufacturers. These designs allow manufacturers to reduce their time to market for new products and ultimately increase sales. Comtech Group focuses on the mobile handset, telecom equipment and digital media end-markets for their customized design modules while also offering business and engineering services to their large telecom equipment vendor customers. Over the last twelve years, Comtech has grown its customer list to include more than 200 of the largest and most well known manufacturers across the mobile handset, telecom equipment and consumer markets, covering both multinational Chinese subsidiaries and Chinese domestic companies.
Safe Harbor Statement:
This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include statements about our proposed discussions related to our business or growth strategy such as growth in digital media, growth in mobile handset business, as well as our potential acquisitions which are subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. For a further descriptions of other risks and uncertainties, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings, including our most recent S-1 Form and/or S-3. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/.
Comtech Group, Inc.
CONTACT: Investor Relations of Comtech Group, Inc., HK, +852 2730 1518, or US, +1-646-291-8998, communications@comtech.com.cn
Web site: http://www.comtech.com.cn/
Scripps Launches Interactive Forum for Diverse Political, Cultural ViewsNew social networking site encourages lively online discussion
CINCINNATI, Jan. 16 /PRNewswire-FirstCall/ -- RedBlueAmerica, a fully interactive forum for diverse political and cultural ideas and opinion, was launched today to tap the country's intense interest in the democratic process and to encourage vigorous public discourse during the 2008 national election campaigns and beyond.
The innovative social networking site -- which can be found on the Internet at RedBlueAmerica.com -- was created by The E. W. Scripps Company and is designed to appeal to the significant percentage of Americans who are engaged in the political process and have a deep interest in the diversity of opinion in American society.
The site will serve as an ongoing public forum for a full array of user- generated content, including blogs, personal profiles, videos and more. While focusing at the outset on the 2008 election campaigns, RedBlueAmerica intends to provide the public with an open forum for a wide range of cultural and political views long after the votes have been counted.
RedBlueAmerica is a free online service that delivers timely political news, provides subscribers with an e-mail service and conducts a daily public opinion poll on selected topics. The site also will include a feature called "Truth or Not" that will challenge, among other things, the veracity of factual claims made by high-profile newsmakers and others.
"RedBlueAmerica.com is a place for people interested in what the other half thinks on the important and interesting issues of the day," said John Temple, founder of the Web site, and vice president of news for The E. W. Scripps Company's newspaper division. "It's a place where they'll always find the best thinkers on their own side stacked up against the best thinkers on the other side; a place for a lively and civil conversation about the topics people are talking about -- or should be talking about."
The public debate on RedBlueAmerica will be moderated by two experienced online journalists, each providing perspective on either the conservative (Red) or liberal (Blue) viewpoint.
Ben Boychuk, former managing editor of the Claremont Review of Books, an editorial writer for Investor's Business Daily and a blogger on such sites as Infinite Monkeys, will represent the "Red" side. Joel Mathis, an award-winning blogger, reporter and former managing editor for convergence at the World Company in Lawrence, Kansas -- one of America's most innovative local media companies -- will represent the "Blue" point of view.
"As moderators, Ben and Joel will pick the topics featured on the site and find the best writing representing their respective sides," Temple said. "They'll be involved in a constant and transparent conversation on the issues in their own blogs. But, it will be the site's users who will play the key role. They can share their thoughts on the moderators' featured topics and advise them of possible better postings, either from the RedBlueAmerica site, or from other media sources. At all times, RedBlueAmerica will be a two-way conversation."
RedBlueAmerica -- an advertising-supported Web site -- is the product of an entrepreneur fund established by the Scripps newspaper division. The fund was created to develop new content ventures that fulfill the company's journalistic mission. RedBlueAmerica was developed by pingVision of Boulder, Colo.
About Scripps
The E. W. Scripps Company (http://www.scripps.com/) is a diverse and growing media enterprise with interests in national cable networks, newspaper publishing, broadcast television stations, interactive media, and licensing and syndication.
The company's portfolio of media properties includes: Scripps Networks, with such brands as HGTV, Food Network, DIY Network, Fine Living and Great American Country; daily and community newspapers in 16 markets and the Washington-based Scripps Media Center, home to the Scripps Howard News Service; 10 broadcast TV stations, including six ABC-affiliated stations, three NBC affiliates and one independent; Scripps Interactive Media, including leading online search and comparison shopping services, Shopzilla and uSwitch; and United Media, a leading worldwide licensing and syndication company that is the home of PEANUTS, DILBERT and approximately 150 other features and comics.
The E. W. Scripps Company
CONTACT: John Temple, +1-303-954-5172, temple@rockymountainnews.com, or Linda Sease, +1-303-484-1885, Linda.Sease@scripps.com, both of The E. W. Scripps Company
Web site: http://www.scripps.com/ http://redblueamerica.com/
Allot Communications to Host Fourth Quarter and Full Year 2007 Earnings Results Conference Call on Tuesday, February 12, 2008-- Call to be held at 8:30 AM EST --
HOD HASHARON, Israel, Jan. 16 /PRNewswire-FirstCall/ -- Allot Communications Ltd. will host a conference call to discuss its fourth quarter and full year 2007 results on Tuesday, February 12, 2008, at 8:30 AM EST, 3:30 PM Israel time. The quarterly and annual results will be published prior to the conference call.
To access the conference call, please dial one of the following numbers: US: 1-866-966-5335, International: +44-20-3003-2666, Israel: 1-809-216-213.
A replay of the conference call will be available from 12:01 am EST on February 13, 2008 through March 12, 2008 at 11:59 pm EST. To access the replay, please dial: +44-20-8196-1998, access code: 650204#
A live webcast of the conference call can be accessed on the Allot Communications website at http://www.allot.com/. The webcast will also be archived on the website following the conference call.
About Allot Communications
Allot Communications is a leading provider of intelligent IP service optimization solutions for DSL, wireless and mobile broadband carriers, service providers, and enterprises. Allot's rich portfolio of hardware platforms and software applications utilizes deep packet inspection (DPI) technology to transform broadband pipes into smart networks that can rapidly and efficiently deploy value added Internet services. Allot's scalable, carrier-grade solutions provide the visibility, application control and subscriber management that are vital to managing Internet service delivery, guaranteeing quality of experience (QoE), containing operating costs, and maximizing revenue in broadband networks. For more information, visit http://www.allot.com/.
Allot Communications
CONTACT: Jay Kalish, Executive Director, Investor Relations of Allot Communications, International access code, +972-9-761-9365
Web site: http://www.allot.com/
Siemens Healthcare Diagnostics Launches B12, Folate, and Ferritin Tests on Its Dimension vista Intelligent Lab SystemAnemia test menu expanded through use of advanced LOCI(R) chemiluminescence technology
DEERFIELD, Ill., Jan. 16 /PRNewswire-FirstCall/ -- Siemens Healthcare Diagnostics, today announced that it has launched the LOCI(R) Folate, LOCI(R) B12, and LOCI(R) Ferritin tests for use on the Dimension Vista(R) 1500 Intelligent Lab System, an ultra-integrated chemistry analyzer. These tests are used by physicians to diagnose and monitor anemia in patients, and further expand Siemens' LOCI immunoassay test menu for the Dimension Vista System.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )
Anemia is generally defined as a decreased amount of healthy red blood cells in the circulation or an abnormally low concentration of hemoglobin, which is necessary to carry oxygen throughout the body. Vitamin B12 deficiency anemia, folic acid deficiency anemia, and iron deficiency anemia are among the most commonly diagnosed anemias.
"Anemia is estimated to affect up to 30 percent of the world's population," said Jim Reid-Anderson, President, and CEO, Siemens Healthcare Diagnostics. "Early diagnosis and effective treatment of anemia can make a strong contribution to improving patient outcomes and enhancing the quality of life. With the addition of B12, Folate, and Ferritin to the Dimension Vista Intelligent Lab System test menu, we can further support physicians in advancing the successful treatment of the most common forms of anemia."
Through the use of the LOCI Advanced Chemiluminescence Technology, Siemens Healthcare Diagnostics provides clinical laboratories greater levels of testing sensitivity for immunoassay testing and a broad test menu capability on the Dimension Vista Intelligent Lab system. This ultra-integrated chemistry analyzer now offers one of the most comprehensive menus for the detection and differentiation of anemia and iron metabolism, including Folate, B12, and Ferritin by LOCI technology; Iron and Total Iron Binding Capacity by photometric methodology; and Haptoglobin, Soluble Transferrin Receptor, and Transferrin testing by nephelometric methodology. The Dimension Vista Intelligent Lab system menu offers panels for anemia, cardiac disease, thyroid disorders, therapeutic drug monitoring, protein testing, drugs-of-abuse testing, and routine and specialty chemistry testing.
About Siemens Healthcare Diagnostics
Siemens Healthcare Diagnostics is the leading clinical diagnostics company in the world. The company offers health care providers the broadest range of diagnostic products and services that are used for diagnosing medical conditions, monitoring patient therapy and providing quality health care. Siemens' comprehensive portfolio of solutions and highly responsive service are designed to improve clinical outcomes, streamline workflow and enhance the operational efficiency of clinical laboratories around the world. Visit http://www.siemens.com/diagnostics.
About Siemens Medical Solutions
Siemens Medical Solutions is one of the world's largest suppliers to the healthcare industry. The company is a renowned medical solutions provider with core competence and innovative strength in diagnostic and therapeutic technologies as well as in knowledge engineering, including information technology and system integration. With its laboratory diagnostics acquisitions, Siemens Medical Solutions will be the first fully integrated diagnostics company, bringing together imaging and lab diagnostics, therapy, and healthcare information technology solutions, supplemented by consulting and support services. The company delivers solutions across the entire continuum of care -- from prevention and early detection, to diagnosis, therapy and care. Siemens Medical Solutions employs more than 49,000 people worldwide and operates in 130 countries. According to IFRS, in the fiscal year 2007 (Sept. 30), Siemens Medical Solutions reported sales of euro 9.85 billion, orders of euro 10.27 billion, and group profit of euro 1.32 billion (preliminary figures, unaudited). Further information can be found by visiting http://www.siemens.com/medical.
Siemens Healthcare
CONTACT: Amanda Naiman, Siemens Medical Solutions, +1-610-448-4531, amanda.naiman@siemens.com
Web site: http://www.usa.siemens.com/medical
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