Companies news of 2008-03-03 (page 2)
Software entrepreneur and philanthropist Bruce A. Saville joins Board of Serenic...
Lawyers USA Unveils Newly Redesigned WebsiteNew user-friendly site offers a host of new...
TomTom Reveals Revolutionary IQ Routes(TM) Technology on New TomTom GO Series~ Unique...
Hughes Enables a Digital Signage Solution for Carrefour in BrazilHughesNet Managed Service...
Organic Announces New Team to Lead Detroit and Chicago OfficesJames Heughens will Serve as...
Amazon.com and Penguin Group (USA) Reveal Top 10 Finalists for Amazon Breakthrough Novel...
Harris Corporation to Host Annual Analyst Meeting Webcast
AT&T U-verse Voice Launches in Kansas CityNext-Generation Voice Service Offers Convenient...
AT&T U-verse TV Expands Local HD Channel Lineup in New Haven, Hartford
AT&T U-verse TV Expands Local HD Channel Lineup in Fairfield County
Maharam Selects AT&T for New Network ServicesAT&T Will Be Primary Network and Data...
Mercury Computer Systems Receives U.S. Government Research & Development Prime Contract...
Open Text Unveils Enterprise 2.0 StrategyComprehensive Strategy Will Help Organizations...
Open Text Introduces Solution to Accelerate Social Computing and Collaboration in...
Niteo Partners Announces Cognos Now! Partnership, Solutions
4C Controls Inc. Announces Strategic Alliance and Financing of BQT Solutions Limited
Trend Alert: Busy Parents Now Turning to Video-on-Demand for Safe, Affordable, Convenient...
DealerTrack Launches Independent NetworkNew Platform to Connect Independent Dealers and...
Verizon Executive to Present at Raymond James Conference on March 4
Performance Technologies Building Components for Ground-based Regional Augmentation System...
Herley Industries, Inc. Receives a Follow-on Contract Award of More than $1.4 Million from...
Agreement Signed for Sale of Nam Tai's Entire Interest in J.I.C. Technology Company...
Verizon Wireless Expands Wireless Broadband Network in Pennsylvania to Edinboro...
TI linear regulator cuts MSP430 standby power consumption in half150-mA, dual-level output...
WallSt.net (www.wallst.net) Updates Investment Community Through All-New Interview With...
Health Information Technology Executives Overwhelmingly Believe the Industry Needs to Work...
ATA Inc. Announces Conference Call to Discuss Third Quarter Fiscal Year 2008 Results
PrimeYield LCC Enables Litho-Clean Tapeout for LG Electronics HDTV Application...
Dynamics Research Corporation Awarded TRICARE Teams Contract- Selected for $5 Billion...
Preformed Line Products Announces Financial Results for the Fourth Quarter and Full Year...
Software entrepreneur and philanthropist Bruce A. Saville joins Board of Serenic CorporationTSX Venture Exchange Symbol "SER"
EDMONTON, March 3 /PRNewswire-FirstCall/ -- Serenic Corporation (TSX-V:SER), ("Serenic" or the "Corporation"), a leading publisher of financial management and business operations software for not-for-profit organizations, is pleased to announce that Bruce A. Saville and Randy Keith have joined the Board of Directors of the Corporation.
Mr. Saville began his career in the computer industry in the early 1970's as a computer programmer and systems analyst, working for several large corporations. He founded Saville Systems in 1982, which developed and marketed billing solutions to the telecommunication industry world-wide, a company which he grew and subsequently sold to a NASDAQ-listed corporation for approximately $750 million in the mid 1990s.
Mr. Saville now serves as President of Saville Interest Group, a private investment company, and dedicates much of his time to educational, sports, and philanthropic interests. Currently, he sits on several not-for profit, community, and technology organization boards as a director or advisor, including the Edmonton Oilers Alumni Association, Stollery Children's Hospital Foundation, Telus World of Science, CodeBaby Corp. and VTN Technologies. He also is a member of the Board of Governors of the University of Alberta where he chairs the Educational Affairs Committee.
Mr. Saville has contributed as a former director to many other organizations, including the Northern Alberta Institute of Technology, Noujaim Institute (non-profit cancer research), Edmonton Investors Group (owners of the Edmonton Oilers NHL hockey club), Edmonton Eskimos Football Club, and as Chairman of the Inner City Agencies Foundation.
He was awarded the 1991 Entrepreneur of the Year Award, the 2001 Edmonton Philanthropist of the Year Award, and in 2003 was awarded the Queen's Golden Jubilee Award. In 2005, Mr. Saville was inducted into the Alberta Business Hall of Fame and was awarded the Alberta Centennial Medal.
"NFP organizations have, for the most part, been ignored by technology providers until quite recently," remarked Bruce Saville. "Since 2000, more than half a million new not-for-profit groups have organized in North America, and evolving global social conscience and financial ability has caused similar growth to mobilize in Europe, Middle East, Africa, and Asia. Serenic's opportunity not only serves the interests of its investors, but its solutions also contribute to the way many NFP organizations are able to carry out their work to improve human or other causes, somewhere on the planet. I certainly look forward to contributing where ever I can."
Mr. Keith joined the Corporation in November 2006, and was appointed to the position of CEO on July 1, 2007. Prior to joining Serenic, he played a significant role in advancing the growth of Navision technology, products and reseller channels in North America during the time he spent as President of the Navision US and Canadian companies, prior to their acquisition by Microsoft.
"We are very pleased to have Bruce and Randy join our board," stated Dwayne Kushniruk, Chairman of Serenic. "Bruce has excelled at a level that few other Canadian software entrepreneurs have been able to achieve, and now continues to inspire us by dedicating so much of his time, resources and knowledge to so many worthy causes that require our products and services." Kushniruk continued, "Randy's strong leadership and experience, particularly regarding Microsoft's Dynamics NAV partner channels, technology and products, has certainly evolved Serenic greatly during the past year. Together, Bruce and Randy joining our Board will assist us greatly in advancing our opportunities."
About Serenic Corporation:
Serenic Corporation publishes mission-critical software products for not-for-profits (NFP), educational institutions and governments. The Company's products are based on leading application and technology platforms from Microsoft, including Dynamics NAV, SQL Server, and .NET, and are distributed in North America and internationally through value-added resellers and a direct sales organization. Serenic Corporation is also the exclusive developer of human resource management and payroll products for Microsoft Dynamics NAV ERP users in North America.
Serenic was named the "ISV (Industry Solutions Vendor) Partner of the Year" by Microsoft in 2007 and is a member of Microsoft's President Club and Inner Circle, the latter being an elite group of sixty-seven members representing the top 1% of Microsoft partners world-wide. Serenic has offices in Edmonton, Alberta and Lakewood (Denver), Colorado, and staff located throughout the USA.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Serenic Corporation
CONTACT: Dwayne Kushniruk, Chairman (dkushniruk@serenic.com) or Paul Johnston, CFO (pjohnston@serenic.com), Phone: (877) 737-3642 x144, http://www.serenic.com/; Investor Relations: Dollarton Group, Nick Waddell or Kit Spence (ir@serenic.com), Phone: (877) 737-3642 x144
Lawyers USA Unveils Newly Redesigned WebsiteNew user-friendly site offers a host of new features
BOSTON, March 3 /PRNewswire/ -- Lawyers USA announces the launch of a newly redesigned version of http://www.lawyersusaonline.com/. The new website, going live today, is the culmination of over a year of development in response to the growing needs of the legal community.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060921/NETH028LOGO )
Susan Bocamazo, Editor & Publisher of Lawyers USA, worked very closely with web developers to ensure that the end product is user-friendly as well as comprehensive and dynamic. When asked why the site needed an overhaul, Susan explained, "The former site design was not inline with the image of the Lawyers USA print product. We are a progressive publication, in step with the needs and desires of our readers; we wanted our electronic product to coincide with that."
The new site will not only offer an improved design and easier navigation; it will also be updated daily with reporters and bloggers adding content as it becomes available. Late breaking news stories and case digests will be posted as soon as they are written and reporters on assignment at trial will provide subscribers with up-to-the-minute information. Some of the most popular features of the former site, including the searchable archives and the verdicts collection, will remain but will have improved functionality.
The new site will also offer enhancements for advertisers with new opportunities within the daily e-mail alerts and targeted marketing campaigns. Bocamazo details the new choices. "Web advertisers will now be able to hone in on particular sub-sets of our market with messages tailored specifically to attorneys interested in a particular area of practice. Our clients can choose to target readers within our daily practice area e-mail alerts and pages on the new site, including Business Litigation & Civil Practice, Criminal Law, Employment Law, Personal Injury and more."
For additional information on the new Lawyers USA website, contact Susan Bocamazo at 617.451.7300 or visit http://www.lawyersusaonline.com/.
About Lawyers USA
Lawyers USA is a bi-weekly national legal newspaper owned by Dolan Media Company . Based in Boston, Massachusetts, Lawyers USA maintains a presence throughout the country and covers all of the nation's state and federal courts. To subscribe to Lawyers USA, visit http://www.lawyersusaonline.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20060921/NETH028LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Lawyers USA
CONTACT: Susan Bocamazo, Esq., Publisher of Lawyers USA, +1-617-451-7300, Fax, +1-617-451-1466, susan.bocamazo@lawyersusaonline.com
Web site: http://www.lawyersusaonline.com/
TomTom Reveals Revolutionary IQ Routes(TM) Technology on New TomTom GO Series~ Unique route calculation method provides smartest routing on the market ~
CONCORD, Mass., March 3 /PRNewswire-FirstCall/ -- TomTom, the world's largest portable navigation solutions provider, today announces ground- breaking features and unique content on the new TomTom GO range, including its exclusive IQ Routes(TM) technology and Advanced Lane Guidance.
The innovative IQ Routes(TM) technology is based on actual average speeds measured on roads, rather than posted speed limits. This means that the new TomTom GO range determines a route by considering all possible routes and then selecting the one that takes the least time based on recent historical data. In almost 50% of all journeys, this results in a faster route, and saves significant travel time, fuel, and money.
In addition, the new TomTom GO series includes TomTom's Advanced Lane Guidance feature. Advanced Lane Guidance provides users with realistic representations of complex highway junctions and lane-specific visual directions that take the stress out of navigating these otherwise difficult junctions.
The two new features will be available with the new TomTom GO series, the TomTom GO 930 and TomTom GO 730, starting at the end of April 2008.
"With the introduction of IQ Routes(TM) technology, we continue to focus our efforts on features and content that improves the core navigation experience," said Jocelyn Vigreux, president of TomTom Inc. "IQ Routes(TM) delivers what we call 'intelligent routing' -- an even smarter and more efficient way of planning your daily route that will help TomTom GO users save time, fuel and money."
TomTom IQ Routes(TM)
The new TomTom IQ Routes(TM) technology is based on actual average speeds on roads, rather than the posted speed limits. This intelligent routing technology is based on anonymous historical speed profiles of over 6.2 billion miles of driven roads, gathered over the years by millions of TomTom users. It takes into account all the factors that may influence the time it takes drivers to get to their destination, including traffic lights, rotaries, steep slopes and speed bumps.
The TomTom IQ Routes(TM) speed profile database continues to grow at the rate of over half a billion measurements per day, so the time and spatial accuracy of TomTom IQ Routes(TM) technology will continually increase. Drivers can be confident that they will always be given the smartest route, incorporating detailed local knowledge. This allows for more efficient daily route planning, in particular when driving through urban and mountainous areas.
Advanced Lane Guidance
With the new Advanced Lane Guidance feature, navigating difficult junctions becomes easier than ever before. Advanced Lane Guidance provides users with realistic visuals of complex highway junctions and lane-specific directions. Static images of road signs, in the same color as the ones displayed on the road, ensure that drivers have an even more realistic view of the road ahead, and their specific route.
A host of extra features
In addition to IQ Routes(TM) and Advanced Lane Guidance, the new TomTom GO range has a new premium look with a high-quality finish, expanded map coverage and comes pre-installed with the latest navigation features, including:
-- TomTom Map Share(TM) technology, enabling users to make updates and
corrections to their own maps instantly and to benefit from
improvements made by other users, completely free of charge. New Map
Share features include the ability to change turn restrictions and
posted road speeds
-- Latest map guarantee so users always have free access to the latest map
at time of purchase
-- Voice address input so that users can drive to millions of cities and
street names by simply announcing the address of their destination
-- Clear voice instructions and text-to-speech to enable street names,
places, traffic alerts and SMS messages to be read aloud as part of the
spoken instructions
-- Enhanced Positioning Technology (EPT) for uninterrupted navigation even
in tunnels or highly-built areas (TomTom GO 930 only)
-- TomTom RDS-TMC Traffic Receiver, as a compatible accessory, for
detailed traffic information
-- Large 4.3 inch touch screen with new generation icons and an updated
user interface to navigate drivers to their destination even more
easily
-- Enhanced hands-free calling with high-quality sound system via
Bluetooth(R) to allow drivers to keep their eyes firmly on the road
while making phone calls in the car
-- Extensive safety features, including the 'Help Me' menu that gives
drivers direct access to emergency services and roadside assistance
-- Built-in FM Transmitter to play music and navigation instructions
seamlessly over the car stereo
-- New smart & fun extras to personalize users' devices, including
recording your own driving instructions, view documents, exchange
positions via SMS and Bluetooth(TM) wireless technology and select a
favorite car icon on the screen
-- Free TomTom HOME software and content from the TomTom community to keep
your TomTom device up to date at all times
-- Full range of accessories to match the design and finish of the updated
GO range
Map Coverage
-- The TomTom GO 930 comes pre-installed with the most up-to-date maps of
US, Canada and Western and Central Europe stored on the internal memory
-- The TomTom GO 730 includes new expanded map coverage, including the
latest maps of the US and Canada
Availability
The new TomTom GO range will be available across North America and Europe starting at end of April 2008.
Product technical specifications
-- 4.3" widescreen 16:9 format LCD (WQVGA: 480*272 pixels)
-- CPU 400 MHz
-- TomTom GO 930: 4 GB internal flash memory, TomTom GO 730: 2 GB
-- SD card slot
-- High sensitivity GPS receiver
-- Bluetooth(TM)
-- Lithium-polymer battery (up to 5 hours operation)
-- Dimensions: 118 mm x 83 mm x 24 mm- convert to inches 4.6 x 3.2 x 1
-- Weight: 7.7 ounces
For more information:
IQ Routes(TM) technology: http://www.tomtom.com/iq-routes
Advanced Lane Guidance: http://www.tomtom.com/lane-guidance
For Public Relations please contact:
Karen CK Drake
PR Manager, TomTom Inc.
Tel: 978-405-1688
Email: us.publicrelations@tomtom.com
Or
Meredith Kish
Hill and Knowlton
Tel: 212-885-0329
Email: Meredith.kish@hillandknowlton.com
For Investor Relations, please contact:
Taco Titulaer
Head of Investor Relations
Tel: +31 (0)20 850 0994
Email: investor.relations@tomtom.com
About TomTom
TomTom NV is the world's largest navigation solutions provider. TomTom's products are developed with an emphasis on innovation, quality, ease of use, safety and value. TomTom's products include all-in-one navigation devices which enable customers to navigate right out of the box; these are the award-winning TomTom GO family, the TomTom ONE XL and TomTom ONE ranges and the TomTom RIDER. Additionally, independent research proves that TomTom products have a significant positive effect on driving and road safety. TomTom offers a portfolio of content and services for TomTom's navigation products, which are easily available through TomTom HOME. TomTom also provides navigation software products that integrate with third party devices; the TomTom NAVIGATOR software for PDAs and smartphones. TomTom WORK combines industry leading communication and smart navigation technology with leading edge tracking and tracing expertise. TomTom's products are sold through a network of leading retailers in 30 countries and online. TomTom was founded in 1991 in Amsterdam and has offices in Europe, North America and Asia Pacific. TomTom is listed at Euronext Amsterdam in The Netherlands. For more information, go to http://www.tomtom.com/.
TomTom
CONTACT: Public Relations, Karen CK Drake, PR Manager of TomTom Inc., +1-978-405-1688, us.publicrelations@tomtom.com; or Meredith Kish of Hill and Knowlton for TomTom Inc., +1-212-885-0329, Meredith.kish@hillandknowlton.com; or Investor Relations, Taco Titulaer, Head of Investor Relations of TomTom Inc., +31-20-850-0994, investor.relations@tomtom.com
Web site: http://www.tomtom.com/ http://www.tomtom.com/iq-routes http://www.tomtom.com/lane-guidance
Hughes Enables a Digital Signage Solution for Carrefour in BrazilHughesNet Managed Service Solution Connects all Brazilian Carrefour's Retail Stores for Interactive Media POP Marketing
GERMANTOWN, Md., March 3 /PRNewswire-FirstCall/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite solutions and services, announced today that it has completed the installation of a HughesNet(R) Managed Service Solution connecting 108 Hypermarket store locations of Carrefour in Brazil to deliver Carrefour TV. CerejaPRN, the largest in-store media company in Brazil, selected Hughes in late 2007 to connect all Carrefour stores via its nationwide HughesNet broadband satellite service.
Every store is now equipped with flat screen panels in strategic locations with high consumer traffic, such as the produce and meat sections, and at cashier stations. Both editorial content and advertising from Carrefour and other advertisers will be delivered to these locations. Selected partners will provide this new in-store media solution with beauty, cuisine, and travel tips, as well as technology and sports news, to enhance the shopping experience for customers, 24 hours a day, 7 days a week.
"With its nationwide footprint and high quality of service, Hughes was the only company able to meet all our operational requirements and cost-effectively enable our project," said Flavia Sampaio, operations director, CerejaPRN. "HughesNet two-way connectivity throughout Brazil also allows us to proactively manage the entire service provided to Carrefour remotely."
The HughesNet Digital Signage solution is capable of simultaneously transmitting a large amount of content to every point in the network and is bidirectional, meaning that each remote point can receive and transmit information by satellite, enabling CerejaPRN to monitor every Carrefour supermarket remotely. The HughesNet solution also provides advanced reporting and reliability measures -- reassuring advertisers that their messages are delivered to the point of purchase.
Fabio Riccetto, Hughes sales director in Brazil said, "Retailers can use our HughesNet solution to enhance customer satisfaction, differentiate the shopping experience, and as a result, increase sales. We are excited to be selected and integrated with CerejaPRN's retail media solutions, which validates our ability to deliver superior network coverage and quality cost-effectively."
CerejaPRN is a joint-venture between Cereja Digital, a leading out-of-home digital media company in Brazil, and Premier Retail Networks (PRN), a wholly-owned subsidiary of Thomson SA , the worldwide leader in retail media networks.
About Carrefour Network
Carrefour's new digital retail media network will include three channels, each one with specific configuration and lineup. The Storewide channel, placed at higher traffic locations and primary corridors, will be used to inform and entertain consumers while motivating them to visit other store sections. The Checkout channel will provide customers with entertainment and information
while waiting at the checkout lines. At the electronics section the VideoWall channel will provide entertainment and information on new technologies.
About PRN
The recent arrival in Brazil of Thomson , through its wholly-owned subsidiary Premier Retail Networks (PRN), opened the road for a new kind of advertisement: the audiovisual digital media at POP. PRN has 300 million viewers every month and is the worldwide leader in retail media networks, will lead the development of this new approach to advertizing.
In 2007, PRN extended the reach of its in-store media networks to various countries including Poland, China and now Brazil in conjunction with Cereja Digital. PRN was already the undisputed market leader in the U.S., with retail media networks in more than 6,500 stores nationwide, and 250 million viewers every month. With the addition of the Poland, China and Brazil networks, PRN's in-store media networks passed the 300 million viewer threshold. In Brazil surveys show that consumers make 75% of their purchase decisions at the POP -- thus the importance of this media at the store.
About Hughes Network Systems
Hughes Network Systems, LLC (HUGHES) is the global leader in providing broadband satellite networks and services for large enterprises, governments, small businesses, and consumers. HughesNet(R) encompasses all broadband solutions and managed services from Hughes, bridging the best of satellite and terrestrial technologies. Hughes has shipped more than 1.5 million systems to customers in over 100 countries. Its broadband satellite products are based on global standards approved by the TIA, ETSI and ITU standards organizations, including IPoS/DVB-S2, RSM-A and GMR-1.
Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes maintains sales and support offices worldwide. Hughes is a wholly owned subsidiary of Hughes Communications, Inc. . For additional information, please visit http://www.hughes.com/.
Hughes and HughesNet are registered trademarks of Hughes Network Systems, LLC.
Hughes Network Systems
CONTACT: Judy Blake of Hughes Network Systems, +1-301-601-7330, jblake@hns.com; or Cristina Camarena of Brodeur, +55-11-3323-1606, cristina.camarena@brodeur.com.br
Web site: http://www.hughes.com/
Organic Announces New Team to Lead Detroit and Chicago OfficesJames Heughens will Serve as General Manager and Joe DiMeglio will Lead Chrysler LLC Account
BLOOMFIELD HILLS, Mich., March 3 /PRNewswire/ -- Organic, Inc., a leading digital communications agency, today announced two executive appointments. James Heughens was promoted from Executive Director of Project Management to Senior Vice President and General Manager of the Detroit and Chicago offices. Joe DiMeglio was also promoted from Group Director of Engagement Management, servicing the Dodge account, to Vice President of Engagement Management overseeing the Chrysler LLC account, including the Chrysler, Dodge, and Jeep brands. James will report directly to Mark Kingdon, Organic's CEO, and Joe will report into James. These two senior executives will be focused on maintaining existing business and developing new client relationships in the Midwestern region.
Chuck Russo, who had been serving as the interim General Manager for the Detroit and Chicago offices, will transition fully into his current role as Executive Vice President and Chief Client Development Officer focused on client development and satisfaction.
"Jim's impressive 18-year track record in the services business and his outstanding leadership skills make him a perfect executive to lead the Detroit and Chicago offices. Likewise, Joe has done a tremendous job delivering on the Dodge account, and we look forward to putting his skills and experience to work on the rest of the Chrysler relationship," said Mark Kingdon, CEO of Organic. "I look forward to working with Jim and Joe to take our Midwestern presence to the next level."
About James Heughens, Senior Vice President and General Manager
James Heughens is the SVP and General Manager of Organic's Detroit and Chicago offices. He joined Organic a year ago as the Executive Director of Project Management. In this role, he led Organic's efforts to innovate and improve the way we plan and deliver work for our clients. James also uses his 18 years of consulting experience to lead internal improvement initiatives and organizational change. Prior to joining Organic, James was a Director at Sapient Corporation where he led teams in delivering complex strategic, business, and technology projects in a fixed-time, fixed-price environment. His clients have been as diverse as Toyota Motor Sales, General Motors, Rationale, Inc., and the United States Marine Corps. James was also the metro area lead for the Washington D.C. office. Prior to joining Sapient, James worked at Accenture and spent two years studying and living in Japan. James earned his Bachelor of Science from the University of Maryland.
About Joe DiMeglio, Vice President, Engagement Management
Joe DiMeglio has been promoted from Group Director, leading the Dodge account, to Vice President of Engagement Management in Organic's Detroit office. In his new role at Organic, he will manage the overall relationship and project execution on the Chrysler LLC account. Joe has over 20 years of experience in advertising and customer relationship management. Prior to joining Organic, Joe was Senior Vice President and Group Director at J. Walter Thompson where he successfully managed cross-functional teams for the Ford Truck and SUV account. He also helped co-found JWT's CRM practice. Prior to JWT, he spent 8 years at Wunderman as an Account Supervisor, working with clients such as DuPont and Lincoln-Mercury in the areas of CRM, B2B, and traditional advertising. Joe received his BA in Communications and Business from the University of Detroit.
About Organic, Inc.
Organic is a leading digital communications agency that uses a consumer empathy-based approach, combined with a holistic view of the digital landscape, to design and build exceptional interactive experiences that effectively engage and persuade customers. Founded in 1993, Organic has offices in Chicago, Detroit, Los Angeles, New York, San Francisco, and Toronto. Adweek ranked Organic as the number one interactive agency in their 2007 interactive agency report card. To learn more about Organic and the Organic(R) services, please visit http://www.organic.com/ or read our blog at http://threeminds.organic.com/.
Organic is a part of Omnicom Group Inc. (http://www.omnicomgroup.com/). Omnicom Group Inc. is a leading global marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning, digital and interactive, direct and promotional marketing, public relations, and other specialty communications services to over 5,000 clients in more than 100 countries.
Organic, Inc.
CONTACT: Amanda Van Nuys of Organic, +1-415-581-5834, avannuys@organic.com
Web site: http://www.organic.com/ http://www.omnicomgroup.com/ http://threeminds.organic.com/
Amazon.com and Penguin Group (USA) Reveal Top 10 Finalists for Amazon Breakthrough Novel AwardAmazon Customers Can Now Vote to Choose the Grand Prize Winner at http://www.amazon.com/abnaWinner to be Announced in New York City on April 7
NEW YORK and SEATTLE, March 3 /PRNewswire/ -- Ten finalists have been chosen from a pool of nearly 5,000 qualified writers in the Amazon Breakthrough Novel Award (ABNA), a contest in search of the next popular novel, sponsored by Amazon.com, Penguin Group (USA), and HP. From now through March 31, the public can go to http://www.amazon.com/abna and vote for their favorite work by reading, rating and reviewing excerpts of the Top 10 finalists' submissions. The winner of the Amazon Breakthrough Novel Award will be unveiled in New York City on Monday, April 7, 2008 and will be awarded a publishing contract with Penguin Group (USA).
The Top 10 finalists and the titles of their respective novels, are (in alphabetical order):
-- Bad Things Happen by Harry Dolan, Ypsilanti, MI
Mr. Dolan edits an academic journal by day but yearns to publish
mysteries like his favorite authors Harlan Coben and Raymond Chandler.
-- The Butterflies of Grand Canyon by Margaret Erhart, Flagstaff, AZ
Ms. Erhart teaches creative writing through the poetry of Pablo Neruda
to middle schoolers on a Navajo reservation.
-- Casting Off by Nicole Dickson, Greensboro, NC
Ms. Dickson completed her manuscript while commuting to and from her
job at Macy's.
-- Fresh Kills by Bill Loehfelm, New Orleans, LA
Mr. Loehfelm is a retired high school English teacher who currently
bartends at night and writes by day.
-- The Hellraiser of the Hollywood Hills: A McAfee Twins Novel by Jennifer
Colt, Santa Monica, CA
Ms. Colt is a former screenwriter for Miramax.
-- Motherless Children by Randall Luce, Montgomery Village, MD
Mr. Luce is a paralegal with an advanced degree in Anthropology, who
based his manuscript on the deeply stirring research and interviews he
had conducted while writing a thesis on social change in the Deep
South.
-- The Prospect of My Arrival by Dwight Okita, Chicago, IL
Mr. Okita works as an office manager for a non-profit in Chicago and is
a playwright on the side.
-- Ring of Lies by Karen Laugel, Woodbridge, CT
Ms. Laugel is a pediatrician who conceived her medical thriller after-
hours.
-- The Wet Nurse's Tale by Erica Eisdorfer, Carrboro, NC
Ms. Eisdorfer is the longtime manager of a college bookstore in North
Carolina, whose historical novel was inspired by her literary heroes
Charles Dickens and Jane Austen.
-- Wrecking Civilization Before Lunch by John Ring, Shawnee, KS
Mr. Ring is a computer programmer who's been writing on the side for
the past 20 years.
The 10 finalists' work represents a diverse range of genres, perspectives, themes and literary styles. Although the 10 writers come from across the country, they all share the common dream of having their manuscript chosen by Amazon customers as the Grand Prize winner on April 7 and having their novel subsequently published by Penguin Group (USA).
Susan Petersen Kennedy, President of Penguin Group (USA), commented: "The range of imagination among the finalists is incredibly broad. Each manuscript has a distinct voice and setting, and it will be fascinating to see which novel ultimately ends up capturing the interest of readers everywhere."
Russell Grandinetti, Vice President of Books at Amazon.com, said: "Our goal with the Amazon Breakthrough Novel Award was to provide our customers with an exciting, significant voice in discovering the next popular novel. Now Amazon customers have the exciting chance to make the final decision on what that breakthrough novel will be."
Rich Raimondi, Vice President and General Manager, U.S. Graphic Arts Organization, HP, said: "We are excited to be helping these writers to the next phase of their careers as published authors. For more than a year, Amazon has relied on HP Indigo presses for the production of offset-quality books on demand, and the ABNA runner-up finalists will see the benefits of this relationship in the first printed copies of their novels."
Over the five month course of the contest, a virtual community of readers and writers has emerged on the ABNA discussion boards, where members are able to encourage, critique and become friends with one another. One of the Top 10 finalists commented: "The community that has been created online by the contest is very, very cool," and added that he expects to remain in touch with many of the other entrants he has befriended during the contest. Another Top 10 finalist has been using the virtual world, like many others, to track the feedback from the public on his submission.
The Top 10 finalists' excerpts will be accompanied by the reviews and rankings they received in previous stages of the contest from Amazon Reviewers and Publishers Weekly. The Top 10 finalists' works are now being read by a prestigious panel of top publishing industry professionals, including: Elizabeth Gilbert, New York Times bestselling author of Eat, Pray, Love; literary critic John Freeman, President of the National Book Critics' Circle (NBCC); literary agent Eric Simonoff, Co-Director of Janklow & Nesbit Associates; and Publisher Amy Einhorn, of Amy Einhorn Books. These experts will each read all 10 manuscripts and, on or about March 17th, post their comments on Amazon.com.
NOTE TO THE PRESS:
The Amazon Breakthrough Novel Award, sponsored by Amazon.com, Penguin Group (USA), HP, and CreateSpace, launched on October 1, 2007 and received nearly 5,000 qualified submissions, with representation from approximately 2,000 cities around the world and in every state in the United States. All submissions were first read by Amazon.com Top Reviewers -- individuals recognized for the high quality and frequency of their comments on the site -- who generated over 10,000 ratings in selecting 836 submissions to advance to the next round. Publishing trade magazine Publishers Weekly reviewed the full manuscripts of each submission. Based on these reviews and the feedback from Amazon Reviewers, editors from Penguin Group (USA) narrowed the field to 100 semi-finalists. Penguin Group (USA)'s editorial staff read and evaluated each of the semi-finalist entries, ultimately selecting the Top 10 finalists. Amazon customers can now choose the grand prize winner by going to http://www.amazon.com/abna. The winner of the Amazon Breakthrough Novel Award will be announced on April 7, 2008.
The grand prize winner of the Amazon Breakthrough Novel Award will receive a publishing contract from Penguin Group (USA), which includes a $25,000 advance. In addition, HP will provide the winning author with an entertainment technology package that will include an HP 50-inch Plasma TV, Digital Entertainment Center, HP Pavilion Notebook, HP LaserJet All-in-One and HP Photosmart Digital camera. All runner-up finalists will be offered a "Total Design Freedom" BookSurge self-publishing package from Amazon worth $2,400.
The Amazon Breakthrough Novel Award is sponsored by Penguin Group (USA); HP, Amazon's preferred color print-on-demand vendor; and CreateSpace.
To vote on the Top 10 Amazon Breakthrough Novel Award finalists and help select the winner, visit http://www.amazon.com/abna.
About Penguin Group (USA)
Penguin Group (USA) Inc. is the U.S. member of the internationally renowned Penguin Group. Penguin Group (USA) is one of the leading U.S. adult and children's trade book publishers, owning a wide range of imprints and trademarks, including Viking, G. P. Putnam's Sons, The Penguin Press, Riverhead Books, Dutton, Penguin Books, Berkley Books, Gotham Books, Portfolio, New American Library, Plume, Tarcher, Philomel, Grosset & Dunlap, Puffin, and Frederick Warne, among others. The Penguin Group (http://www.penguin.com/) is part of Pearson plc, the international media company.
About Amazon.com
Amazon.com, Inc., , a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com, Inc. seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon and its affiliates operate websites, including http://www.amazon.com/, http://www.amazon.co.uk/, http://www.amazon.de/, http://www.amazon.co.jp/, http://www.amazon.fr/, http://www.amazon.ca/, and the Joyo Amazon websites at http://www.joyo.cn/ and http://www.amazon.cn/.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
About CreateSpace
CreateSpace is a DBA of On-Demand Publishing LLC, a subsidiary of Amazon.com Inc. . A leader in manufacture-on-demand services for independent creative content owners, CreateSpace was originally founded as CustomFlix Labs, Inc. in 2002 and acquired by Amazon.com Inc. in 2005. The company's mission is to profitably connect its members to a worldwide audience through multiple channels, including Amazon.com. CreateSpace provides inventory-free, physical distribution of books, CDs and DVDs on demand, and video downloads via Amazon Unbox.
Forward-Looking Statements
This announcement contains 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. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, significant amount of indebtedness, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2006, and all subsequent filings.
Penguin Group (USA)
CONTACT: Marilyn Ducksworth, +1-212-366-2564, marilyn.ducksworth@us.penguingroup.com, or Stephanie Sorensen, +1-212-366-2576, stephanie.sorensen@us.penguingroup.com, both of Penguin Group (USA); or Amazon Media Hotline, +1-206-266-7180, or Kristine Snyder of HP, +1-949-548-4995, kristine.snyder@hp.com
Web site: http://www.penguin.com/ http://www.amazon.com/abna http://www.amazon.com/
Harris Corporation to Host Annual Analyst Meeting Webcast
MELBOURNE, Fla., March 3 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, will host a live audio webcast and listen-only conference call on Thursday, March 6, at 1 p.m. ET in conjunction with its annual analyst meeting being held in Melbourne, Florida. The webcast and call will include presentations on the company's business update and strategy review by Howard L. Lance, chairman, president and chief executive officer, and financial summary by Gary L. McArthur, vice president and chief financial officer.
The webcast will be broadcast live via the Internet at http://www.harris.com/webcast. The dial-in number for the conference call is 913-312-0718, access code 7197247. A replay of the conference call is available at 719-457-0820, access code 7197247 from 6 p.m. March 6 (ET) through midnight (ET) on March 13. A replay of the webcast will be available on the company's website.
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 almost $5 billion and more than 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: Investor Relations, Pamela Padgett, +1-321-727-9383, pamela.padgett@harris.com, or Media, Jim Burke, +1-321-727-9131, jim.burke@harris.com, both of Harris Corporation; or for additional information, contact Harris Corporation at webmaster@harris.com
Web site: http://www.harris.com/webcast http://www.harris.com/
AT&T U-verse Voice Launches in Kansas CityNext-Generation Voice Service Offers Convenient Integrated Wired and Wireless Features, Reliable Call Quality
KANSAS CITY, Kan., March 3 /PRNewswire-FirstCall/ -- AT&T Inc. today announced the availability of AT&T U-verse(SM) Voice in Kansas City, Kan., bringing consumers a next-generation digital voice service delivered over the AT&T U-verse Internet Protocol (IP) network. U-verse Voice brings together customers' AT&T wireline and wireless voice, broadband and TV services with unique features that provide a new level of integration, convenience and control.
AT&T U-verse Voice completes the company's IP triple play. With U-verse Voice, customers receive a new set of features that highlight the benefits of having advanced video, broadband, and wireless and wireline voice services from a single provider - and all on one bill.
AT&T U-verse Voice is a managed IP-based service that is delivered over AT&T's fiber-rich network, unlike many Voice over IP (VoIP) providers that offer best-effort digital phone services over the public Internet. This allows U-verse Voice customers to enjoy great sound quality and reliability, as well as unmatched calling features that combine with customers' AT&T U-verse TV, broadband and AT&T wireless services.
"AT&T U-verse Voice is one of the ways we're responding to our customers' needs to have all of their services work together, around their lifestyle, to keep them connected," said Mark Thompson, AT&T vice president and general manager for Kansas. "Just like U-verse TV has changed the way people watch television, U-verse Voice will change the way people use their home phone."
AT&T U-verse Voice has advanced features that go beyond traditional phone service and many competitors' offerings, including:
-- Combined AT&T U-verse Voice and wireless voice mail with U-verse
Messaging, which provides a single voice mailbox that can be accessed
from any phone line or PC.
-- U-verse Central, an online management portal that gives users the
option to easily and conveniently manage their call preferences, voice
mail, contacts, call history and more from any PC, in addition to the
ability to access voice mail and control call preferences from their
home phone.
-- An online voice mailbox so that customers can listen to, manage and
forward voice mail from the online portal, much like an e-mail inbox.
-- Call History, which enables customers to view their most recent
incoming and outgoing calls online or to view their most recent
incoming calls on their AT&T U-verse TV screen.
-- Click to Call, which will connect a call to any number in a customer's
Call History with one click of a mouse or the U-verse TV remote
control.
-- An online Address Book that is accessible from any PC and allows
customers to Click to Call from their home phone, to create and share
contact groups with other U-verse Voice customers or to set up
distribution lists for voice messages.
-- Locate Me, a feature that provides simultaneous ringing on up to four
wireless or landline numbers so that a customer never misses an
important incoming call.
-- Traditional calling features, such as Call Screening, Call Blocking,
Do Not Disturb and privacy settings.
All U-verse Voice customers will have 911 service. Where available via the local 911 network, U-verse Voice customers will have Enhanced 911 (E911) service.
U-verse TV customers can choose from two flexible U-verse Voice calling plans:
-- U-verse Voice Unlimited, which includes unlimited local and nationwide
minutes to any location in the U.S., Canada or U.S. territories for
$40 a month.
-- U-verse Voice 1000, which includes 1,000 Call Anywhere minutes to any
location in the U.S. or U.S. territories for $30 a month.
A second phone line, which shares the primary line's calling plan, can be added for $20 a month, and each plan features competitive international rates with no recurring monthly charge. Professional installation is included for new AT&T U-verse TV customers.
AT&T wireless customers who subscribe to an AT&T Unity(SM) plan can call any AT&T U-verse Voice number as part of the nation's largest free calling community without using up any wireless Anytime Minutes.
Customers who want additional information on AT&T U-verse can visit http://uverse.att.com/.
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 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 and detailed disclaimer information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T U-verse Voice: Available in limited areas and only with purchase of AT&T U-verse TV. Prices subject to change. Residential customers only. Taxes, fees, and other charges, including Universal Service Fund charge, are extra. Installation charge applies, unless waived as part of promotion. International calls billed at additional per-minute rates; higher rates may apply for calls terminating on mobile phones or other wireless devices. U-verse Voice, including 911 dialing, will not function during a power outage without battery backup power. Non-returned equipment charges will apply if equipment is not returned within required timeframe upon disconnect of services. Service is not portable; will function only in your home. May be incompatible with monitored home alarms and medical monitoring systems. Refer to Learn More pages for U-verse Voice at http://www.uverse.att.com/ for more information on 911, battery backup, and home alarms. Acceptance of Terms of Service and 911 Acknowledgement required. Credit and other restrictions apply. U-verse Voice 1000: Minutes over 1000 are 7¢/min.; minutes are rounded up.
AT&T U-verse Installation Offer: No charge for standard installation for new AT&T U-verse customers who order prior to 05/24/08 and whose order includes AT&T U-verse TV.
AT&T Inc.
CONTACT: Don Brown of AT&T Inc., +1-785-276-5992, don.brown@att.com
Web site: http://www.att.com/
AT&T U-verse TV Expands Local HD Channel Lineup in New Haven, Hartford
NEW HAVEN, Conn., March 3 /PRNewswire-FirstCall/ -- Local AT&T U-verse(SM) TV customers can now enjoy even more High Definition (HD) from the latest video choice in town. AT&T Inc. today announced the addition of WCTX HD (My Network), WNET HD (PBS) and WTXX HD (CW) to the U-verse TV channel lineup in the New Haven and Hartford areas.
With these additions, local U-verse TV customers with the HD service option have access to a lineup of 44 HD channels -- more HD channels than local cable providers offer.
"The addition of these new channels is further proof that, if you crave more HD, then U-verse TV is the right video choice for you," said Chad Townes, AT&T vice president and general manager for Connecticut. "With more HD channels and important items such as HD-capable equipment and DVR included in most packages, we're offering an HD experience -- and value -- you can't pass up."
HD service is available for an additional $10 a month with any U-verse TV programming package. All U-verse TV packages include HD-ready equipment, and most include an HD-capable DVR.
AT&T is the only national provider to offer a 100 percent Internet Protocol-based television (IPTV) service, making AT&T U-verse TV one of the most advanced television offerings available anywhere. AT&T is deploying next-generation video services, including AT&T U-verse TV, as part of its mission to connect people with their world, everywhere they live and work, and do it better than anyone else.
Customers who want additional information on AT&T U-verse TV -- or to find out if it's available in their area -- can visit http://uverse.att.com/. U-verse TV customers can get more information about U-verse TV programming and television events by visiting http://uverse.att.com/uconnect.
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 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.
HD claim based on local, major cable providers' HD channels compared to HD channels provided by AT&T U-verse TV.
AT&T Inc.
CONTACT: Adam Cormier of AT&T Inc., +1-203-771-4474, acormier@attnews.us
Web site: http://www.att.com/
AT&T U-verse TV Expands Local HD Channel Lineup in Fairfield County
STAMFORD, Conn., March 3 /PRNewswire-FirstCall/ -- Local AT&T U-verse(SM) TV customers can now enjoy even more High Definition (HD) from the latest video choice in town. AT&T Inc. today announced the addition of five local HD channels to the U-verse TV channel lineup in Fairfield County, including WPIX HD (CW-NYC), WTXX HD (CW-Hartford/New Haven), WNET HD (PBS), WWOR HD (My Network-NYC), and WCTX HD (My Network-Hartford/New Haven).
Customers will also receive WNYE (IND) as part of their basic programming packages.
With these additions, local U-verse TV customers with the HD service option have access to a lineup of 49 HD channels -- more HD channels than local cable providers offer.
"The addition of these new channels is further proof that, if you crave more HD, then U-verse TV is the right video choice for you," said Chad Townes, AT&T vice president and general manager for Connecticut. "With more HD channels and important items such as HD-capable equipment and DVR included in most packages, we're offering an HD experience -- and value -- you can't pass up."
HD service is available for $10 a month with any U-verse TV programming package. All U-verse TV packages include HD-ready equipment, and most include an HD-capable DVR.
AT&T is the only national provider to offer a 100 percent Internet Protocol-based television (IPTV) service, making AT&T U-verse TV one of the most advanced television offerings available anywhere. AT&T is deploying next-generation video services, including AT&T U-verse TV, as part of its mission to connect people with their world, everywhere they live and work, and do it better than anyone else.
Customers who want additional information on AT&T U-verse TV -- or to find out if it's available in their area -- can visit http://uverse.att.com/. U-verse TV customers can get more information about U-verse TV programming and television events by visiting http://uverse.att.com/uconnect.
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 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.
HD claim based on local, major cable providers' HD channels compared to HD channels provided by AT&T U-verse TV.
AT&T Inc.
CONTACT: Adam Cormier of AT&T Inc., +1-203-771-4474, acormier@attnews.us
Web site: http://www.att.com/ http://uverse.att.com/
Maharam Selects AT&T for New Network ServicesAT&T Will Be Primary Network and Data Services Provider for Global Textile Company
NEW YORK, March 3 /PRNewswire-FirstCall/ -- AT&T Inc. has announced that Maharam, a developer and engineer of commercial textile applications with headquarters in New York City, has awarded a new network services contract to AT&T. Maharam has 22 locations throughout the United States.
Under terms of the two-year contract, AT&T will serve as the primary network and data services provider to Maharam and will help the company migrate to Multiprotocol Label Switching (MPLS)-enabled Virtual Private Network (VPN) services for improved communications.
The fully managed Internet Protocol (IP)-enabled VPN service will give Maharam the enhanced bandwidth that is required to create a secure environment and to enable simultaneous access and improve connectivity among the company's many locations. In addition, this flexible solution will allow for Maharam to add additional applications as the company's communications needs evolve.
"The unified network solution provided by AT&T will improve connectivity with our multiple locations and streamline our administrative business operations," said Sal Deaugustino, information technology manager, Maharam. "Customer service is vital to Maharam's business, and with AT&T's solution, we are able to enhance our customer service across our business locations."
With the scalable AT&T solution, Maharam will be able to consolidate its critical business applications onto a unified IP-enabled platform. This platform allows the company to add other features or services, such as a Voice over Internet Protocol (VoIP) solution, in the future. Additionally, the overall cost-effectiveness of the solution will contribute to the efficiency of Maharam's business in a highly competitive industry.
Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.
About Maharam
Maharam, a fourth generation family-run business, celebrated its centennial in 2002. First renowned as a supplier of theatrical textiles, in the 1960s Maharam pioneered the contract textile concept, developing engineered textiles for commercial application. Though performance is an essential element of every product, Maharam continues to create innovative textiles through the exploration of pattern, material and technique. New York-based Maharam offers a comprehensive collection of textiles for seating, walls, window covering, systems and healthcare applications. In North America, Maharam textiles are available to the trade and through a select group of authorized Maharam retailers. For more information, visit http://www.maharam.com/.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 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: Glen Schwartz of AT&T Inc., +1-617-692-0528, gschwart@attnews.us
Web site: http://www.att.com/ http://www.maharam.com/
Mercury Computer Systems Receives U.S. Government Research & Development Prime Contract for JCREW Technology DemonstrationWholly owned subsidiary Mercury Federal Systems, Inc. to provide testbed and support for counter-IED systems development and collaborate with ITT Electronic Systems on CANWAC algorithm component portability demonstration
CHELMSFORD, Mass., March 3 /PRNewswire-FirstCall/ -- Mercury Computer Systems, Inc. announced that its wholly owned subsidiary, Mercury Federal Systems, Inc., has received a $2.5 million contract award from U.S. Army Ft. Monmouth's CECOM in New Jersey, for development and demonstration of a testbed to support the Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare (JCREW) program. The testbed will be used by the U.S. Government to develop and test advanced open- architecture technology for counter-IED systems development.
An IED (improvised explosive device), commonly known as a "road-side bomb," is designed to distract, destroy or incapacitate personnel or vehicles. Crafted from combustible, toxic, destructive, and often lethal chemicals from military or commercially sourced explosives, IEDs are capable of propagating a life-threatening effect beyond shrapnel, concussive blasts, and fire normally associated with bombs.
Under this contract, Mercury will provide an "open-systems" digital signal processing (DSP) architecture technology and testbed systems for counter-IED research and development, as well as systems engineering support services to the U.S. Government and to contractors that use the testbed facilities. In addition, Mercury will demonstrate a scalable data acquisition and processing application within a very dense, size/weight/power (SWaP)-constrained environment. Mercury will further demonstrate the X-Midas platform-independent software framework as an application environment, which is designed to reuse existing applications from other Government and contractor sources for developing DSP applications.
Mercury also announced a related agreement with ITT Electronic Systems , a leading supplier of information and electronic warfare (EW) technologies, systems, and services that enable mission success and survivability for a broad range of military aircraft. Through collaboration with ITT's Electronic Warfare Systems business area, the strengths of each organization shall be leveraged to demonstrate algorithm component portability for the JCREW testbed architecture, which is an important element of the R&D objectives of the program.
"It is our intention to collaborate with high-technology companies such as Mercury, to enable the rapid design and development of affordable electronic warfare systems for military applications," said Pete Steensma, Director, Advanced Concepts and Technology at ITT Electronic Systems. "We look forward to this relationship and the mutual pursuit of follow-on opportunities in the electronic warfare market."
In the initial development effort, Mercury and ITT will combine forces to implement and demonstrate the portability of the CANWAC (Constant Amplitude Network Waveform Adaptive Combiner) algorithm. Mercury will provide ITT with its Waveform-Ready(TM) processing platform and Component Portability Infrastructure(TM) (CPI(TM)) middleware. CPI simplifies programming and greatly improves code portability, interoperability, and performance in FPGA- and DSP-based heterogeneous processing environments, by providing well-defined waveform component APIs with a set of infrastructure building blocks that act as a hardware abstraction layer. The Mercury Waveform-Ready processing platform combines the latest processor, transceiver, and interconnect technologies with CPI to help customers rapidly meet the challenge of leveraging evolving standards and emerging technologies.
Mercury believes a common technology baseline can be deployed to cover a range of mission requirements. "Leveraging the advantages of an open architecture with a software-programmable environment will be critical to affordably and rapidly developing new applications, and inserting new technologies into deployed mission-critical systems," said Terry Ryan, Senior Vice President and General Manager of Mercury Federal Systems, Inc. "Together with ITT Electronic Systems, we will make this possible, as we have the necessary capabilities to develop open solutions that will enable new and emerging threats to be detected, countered, and tracked in a time-critical manner."
For more information on Mercury's CPI middleware, visit http://www.mc.com/CPI, or contact Mercury at (866) 627-6951 or info@mc.com.
Mercury Computer Systems, Inc. - Where Challenges Drive Innovation
Mercury Computer Systems is the leading provider of computing systems and software for data-intensive applications that include image processing, signal processing, and visualization. With a strong commitment to innovation, our expertise in algorithm optimization, systems development, and silicon design is blended with software application knowledge and industry-standard technologies to solve unique computing challenges. We work closely with our customers to architect solutions that have a meaningful impact on everyday life: detecting aneurysms; designing safer, more fuel-efficient aircraft; identifying security threats; discovering oil; developing new drugs; and visualizing virtually every aspect of scientific investigation.
Mercury's comprehensive, purpose-built solutions capture, process, and present data for the world's largest medical imaging companies, 8 of the 10 top defense prime contractors, and other leading Fortune 500 and mid-market companies in semiconductor, energy, telecommunications, and other industries. Our dedication to performance excellence and collaborative innovation continues a 24-year history in enabling customers to stay at the forefront of the markets they serve.
Mercury is based in Chelmsford, Massachusetts and serves customers worldwide through a broad network of direct sales offices, subsidiaries, and distributors. We are listed on the Nasdaq Global Select Market . Visit Mercury at http://www.mc.com/.
Forward-Looking Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the contract awarded by the U.S. Government and the agreement awarded by ITT Electronic Systems to Mercury Federal Systems. You can identify these statements by our use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geo-political unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, continued funding of defense programs, the timing of such funding, changes in the U.S. Government's interpretation of federal procurement rules and regulations, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, and difficulties in retaining key customers. These risks and uncertainties also include such additional risk factors as are discussed in the Company's recent filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2007. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.
Contacts:
Terry Ryan, Senior VP & General Manager
Mercury Federal Systems, Inc.
703-638-3390 / tryan@mc.com
Russ Adamchak, Manager, Business Development
Mercury Federal Systems, Inc.
703-673-2721 / radamchak@mc.com
Kathy Sniezek, Public Relations Manager
Mercury Computer Systems, Inc.
978-967-1126 / ksniezek@mc.com
Leigh McLeod, Media Relations
Mercury Computer Systems, Inc.
978-967-1120 / lmcleod@mc.com
Challenges Drive Innovation, Component Portability Infrastructure and CPI, and Waveform-Ready are trademarks of Mercury Computer Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.
Photo: http://www.newscom.com/cgi-bin/prnh/20030930/MERCURYCSLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Mercury Computer Systems, Inc.
CONTACT: Terry Ryan, Senior VP & General Manager, +1-703-638-3390, tryan@mc.com or Russ Adamchak, Manager, Business Development, +1-703-673-2721, radamchak@mc.com, both of Mercury Federal Systems, Inc.; Kathy Sniezek, Public Relations Manager, +1-978-967-1126, ksniezek@mc.com or Leigh McLeod, Media Relations, +1-978-967-1120, lmcleod@mc.com, both of Mercury Computer Systems, Inc.
Web site: http://www.mc.com/
Open Text Unveils Enterprise 2.0 StrategyComprehensive Strategy Will Help Organizations Accelerate Social Computing, Embrace Web 2.0, Advance Collaboration and Ensure ComplianceCompany Announces New Solutions As Part of Broader 2.0 Strategy
AIIM Conf. & Expo 2008, BOSTON, and CeBIT 2008, HANNOVER, Germany, March 3
/PRNewswire-FirstCall/ -- Open Text(TM) Corporation , a global leader in enterprise content management (ECM), today unveiled its Enterprise 2.0 strategy designed to help customers transform their organizations with powerful social computing tools. Open Text is taking its collaboration and Web solutions offerings to a new level, providing 2.0 capabilities -- wikis, forums, blogs, tagging, moderation, communities and real-time collaboration -- that are persuasive, productive and integrated into business processes, while still respecting compliance initiatives.
Web 2.0 technologies have redefined the Web as a platform to harness collective intelligence. Applied in the enterprise, organizations can achieve a future desired state of Enterprise 2.0, where its internal and external web sites and applications get better the more people use them. Application of these new technologies creates more engaging Web experiences, improves knowledge sharing and collaboration, increases employee productivity and helps improve brand loyalty and interaction.
Leveraging its existing Web 2.0 solutions based on its market leading web content management offering, Open Text will provide a comprehensive set of new solutions to better address the broad range of 2.0 requirements. These solutions are aimed at collaboration and social computing requirements behind the firewall as a natural extension of customers' current ECM initiatives (ensuring a tight link to existing content and processes), as well as Web 2.0 enablement of public websites, intranets and extranets.
"In order to be successful, customers must view Enterprise 2.0 within the context of their ECM strategies," said Bill Forquer, Executive Vice President of Marketing at Open Text. "Our ECM leadership is based on advocating a holistic approach, where content originating from multiple sources and repositories can be effectively managed, reused and delivered across the enterprise. An effective Enterprise 2.0 strategy requires a similar holistic approach that factors in all the 2.0 content being created."
Forquer adds, "Many organizations treated email as special content outside their ECM strategy. Consequently, this silo treatment has degenerated email repositories into unmanaged chaos and unquantifiable risk. There is no need to repeat that experience with emerging 2.0 content and rich media."
Open Text has the credentials to help organizations take this holistic approach for their Enterprise 2.0 aspirations, according to Forquer, "We have a track record of innovation in web-centricity, collaboration and search. We're also leaders in helping organizations apply records and archiving rules to content across many systems, from email to SharePoint to SAP to Oracle to our own content repositories. We can bring a holistic view of content that can tie Enterprise 2.0 into the broader ECM context, so that 2.0 content can be managed."
The fundamental elements of Open Text's Enterprise 2.0 strategy include:
- Experience Optimization: Optimize the end user experience through
personalization, language preferences, analytics, voting, tagging,
blogs and moderation.
- Workgroup Optimization: Optimize collaborative applications that
enhance the variety of workgroup structures in an organization such as
teams, projects, communities of practice and program offices.
- Enterprise 2.0 Content Management: Provide flexible use of wikis,
forums, blogs, tagging, and real-time collaboration. Provide advanced
handling of rich-media content, with special emphasis on video, which
is quickly becoming the de-facto format for 2.0 style work.
- Make Enterprise 2.0 Content Safe: Manage Enterprise 2.0 content
holistically alongside other content repositories providing a
consistent implementation of archiving, disposition, retention and
compliance policies.
- Find Before Search: Intuitively find and deliver information relevant
to the user's then-current context and present that information
without the user explicitly searching for the same.
In line with its Enterprise 2.0 strategy, Open Text is emphasizing product development and technology directions that support 2.0 fundamentals, with areas of focus that include:
- Meta-Data to Underpin Experience Optimization: Deeper levels of
meta-data handling will enrich the user experience. This includes
richer meta-data handling for content, but with particular emphasis on
richer meta-data for people and processes as well. It also includes
blending the best of both top-down taxonomies with bottom-up tags.
- Relationships: Graphing interactions between people, processes and
content that can reveal implicit, sometimes hidden, relationships that
can be used to optimize business processes.
- Workgroups: Adapting technology to improve workgroup effectiveness.
Additional workgroups include committees, governance boards,
escalation teams, and exception management. This also includes
blending collaborative escalation and exception handling within high-
throughput applications such as Accounts Payable.
- Classification: Improved intuition to auto-classify content,
particularly drawing on past user behaviors and current context.
- Email Analytics: Building on classifications and graphing interaction,
introduce or extend tools that reduce our email dependency and burden,
such as auto-promotion of email threads to blogs.
New Offerings Accelerate 2.0 Adoption
In a separate release today (http://www.opentext.com/news/pr.html?id=2019), Open Text is announcing Livelink ECM - Extended Collaboration, a solution designed to provide the building blocks to help Livelink ECM customers implement 2.0 technologies.
In September, Open Text also announced a set of solutions for its RedDot Web Content Management suite that help customers 2.0-enable public websites, intranets and extranets (http://www.opentext.com/news/pr.html?id=1928).
AIIM Conference & Expo 2008, CeBIT 2008 Conference
Open Text is announcing its Enterprise 2.0 news in conjunction with the AIIM Conference this week in Boston, where Open Text is exhibiting in booth #3221, and at the CeBIT 2008 Conference in Hannover, Germany, where Open Text is exhibiting in booth #D09, Hall 3.
About Open Text
Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 46,000 customers and millions of users in 114 countries. Working with our customers and partners, we bring together leading Content Experts(TM) to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit http://www.opentext.com/.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995
This news release may contain forward-looking statements relating to the success of any of the Company's strategic initiatives, the Company's growth and profitability prospects, the benefits of the Company's products to be realized by customers, the Company's position in the market and future opportunities therein, the deployment of Livelink and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2008 You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.
Copyright (C) 2008 by Open Text Corporation. LIVELINK ECM and OPEN TEXT are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.
Open Text Corporation
CONTACT: Richard Maganini, Open Text Corporation, (847) 267-9330 ext.4266, rmaganin@opentext.com; Stephanie Dodge, Open Text Corporation, (519) 888-7111, x2429, sdodge@opentext.com; Brian Edwards, McKenzie Worldwide, (503) 577-4583, briane@mckenzieworldwide.com
Open Text Introduces Solution to Accelerate Social Computing and Collaboration in OrganizationsNew Livelink ECM - Extended Collaboration Connects People, Processes and Content in Real-Time
AIIM Conf. & Expo 2008, BOSTON and CeBIT 2008, HANNOVER, March 3
/PRNewswire-FirstCall/ -- Open Text(TM) Corporation , a global leader in enterprise content management (ECM), today announced a major new collaboration offering that will help organizations extend the power of Web 2.0 to the promise of Enterprise 2.0: Livelink ECM - Extended Collaboration, which will give customers a powerful set of communities, social computing and real-time collaboration tools in Livelink ECM.
The new offering is one of several product initiatives the company will be introducing as part of a broad new Enterprise 2.0 strategy (http://www.opentext.com/news/pr.html?id=2018) unveiled today to help customers transform their organizations with powerful social computing tools. Open Text is taking its collaboration and Web solutions offerings to a new level, providing 2.0 capabilities, including wikis, forums, blogs, tagging, moderation, communities and real-time collaboration within an organization's broader ECM strategy. Livelink ECM - Extended Collaboration is complemented by Open Text's strong Web Solutions offerings that are well integrated with the Livelink ECM platform, and other popular content repositories.
"Large organizations today are operating in highly competitive global markets, managing a decentralized workforce and legions of remote workers. The need for transparency, collaboration and knowledge sharing are more important than ever," said Cheryl McKinnon, Director, Collaborative Content Management at Open Text. "Livelink ECM - Extended Collaboration gives organizations a roadmap to Enterprise 2.0 within a broader ECM strategy, while providing dynamic new ways to improve employee collaboration and productivity, and increase customer loyalty."
Livelink ECM - Extended Collaboration connects people, processes and content across an organization, creating a work environment where employees can easily circulate ideas, experiences and knowledge in real-time. The solution combines a robust knowledge repository with project workspaces, polls, news channels, tasks and milestones. A set of community applications brings specialized, enterprise-ready tools, such as forums, blogs, wikis, and real-time collaboration; along with newsletter views, FAQs, and event calendars to promote shared expertise and best practices.
These collaborative and community-oriented tools co-exist with content in an intuitive environment that encourages people to work together, while capturing critical project information in an underlying ECM framework. Security, access control, and retention policies are strictly enforced using the native security mechanisms already in place, without adding another administrative layer. Empowered workers can quickly and securely form cross-functional project teams, capture shared knowledge, manage processes and meet project deadlines even across geographic and departmental boundaries.
- Sharing Expertise and Promoting Best Practices within Communities:
Organizations can effectively interconnect their islands of knowledge
and expertise, enabling employees with similar goals and challenges
to connect with one another. They can create a support network to
share news ideas and opportunities, establish standards and best
practices, and work more effectively with customers and partners.
Livelink ECM - Extended Collaboration also offers the ability to
place content from the communities environment under secure records
management controls.
- Enhancing Organizational Agility with Project Management: Dedicated
project workspaces can create a sense of focus for team members.
Coordinators can form project teams on the fly - adding team members
and assigning multiple roles and tasks within a Web-based interface.
All relevant project information - including plans, documents, task
lists, and URLs - is consolidated and stored in the project space for
easy access. Communication among project members can be captured
within threaded discussions and integrated with popular email systems
for desktop delivery.
- Access to People and Information in Real-Time: Real-time capabilities
provide the ability to collaborate in an ad-hoc, spontaneous fashion
within the secure walls of an organization. Support for team
meetings, instant messaging, screen and application sharing, as well
as shared collaborative workspaces will improve teamwork and enhance
productivity.
Availability: Livelink ECM - Extended Collaboration will be released in May 2008. For more information, go to: http://www.opentext.com/2/sol-products/sol-pro-docmgmt-collaboration/pro-ll- collaboration.htm
AIIM Conference & Expo 2008, CeBIT 2008 Conference
Open Text is announcing its Enterprise 2.0 news in conjunction with the AIIM Conference this week in Boston, where Open Text is exhibiting in booth # 3221, and at the CeBIT 2008 Conference in Hannover, Germany, where Open Text is exhibiting in booth # D09, Hall 3.
About Open Text
Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 46,000 customers and millions of users in 114 countries. Working with our customers and partners, we bring together leading Content Experts(TM) to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit http://www.opentext.com/.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995
This news release may contain forward-looking statements relating to the success of any of the Company's strategic initiatives, the Company's growth and profitability prospects, the benefits of the Company's products to be realized by customers, the Company's position in the market and future opportunities therein, the deployment of Livelink and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2008 You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.
Copyright (C) 2008 by Open Text Corporation. LIVELINK ECM and OPEN TEXT are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.
Open Text Corporation
CONTACT: Richard Maganini, Open Text Corporation, (847) 267-9330 ext.4266, rmaganin@opentext.com; Stephanie Dodge, Open Text Corporation, (519) 888-7111, x2429, sdodge@opentext.com; Brian Edwards, McKenzie Worldwide, (503) 577-4583, briane@mckenzieworldwide.com
Niteo Partners Announces Cognos Now! Partnership, Solutions
EDISON, N.J., March 3 /PRNewswire/ -- Niteo Partners, an NEC Company, announced today that it has completed a Partnership Agreement with Cognos to deliver services and solutions based on the Cognos Now! Operational Business Intelligence (BI) platform.
Recently, Niteo has been recognized by Cognos with both the "North American Services Partner of the Year Award" and the "Platinum Partner Award" for its role in Cognos' ongoing solutions and sales success in North America. Niteo is one of the first companies to be an official Cognos Now! certified partner.
Cognos Now! Monitor is a complete BI offering packaged as an appliance and meets an organization's Strategic, Tactical and Operational BI needs. It enables continuous monitoring of operational systems and efficient development of dashboards for rapid enterprise deployment. With a scalable architecture, Cognos Now! Monitor supports vast numbers of users, data sources and dashboards on a single appliance requiring minimal maintenance.
"Cognos Now! Monitor includes excellent real time analytics capabilities that are ideal for dashboards and performance management," said Frank Bianchi, Senior Vice President of Client Services, Niteo Partners. "Niteo's differentiated solutions include vertical specific dashboards for financial services and insurance, manufacturing operations, retail, education, media, customer service and treasury operations. These components can be quickly adapted to the unique business requirements and operational metrics for any vertical or functional area."
Niteo will unveil their Cognos Now! Monitor solutions at the Cognos Forum in Las Vegas, May 2008. Niteo is a Platinum Sponsor of the Cognos Forum event.
About Niteo Partners:
Niteo Partners, a consulting and systems integration firm, leverages both business expertise and technology to deliver innovative solutions for Global 2000 companies. A wholly-owned subsidiary of NEC Solutions (America), Inc., Niteo Partners offers solutions in Business Intelligence, Corporate Performance Management, Operational and Financial Dashboards, Enterprise Planning and Migration Services. Niteo has sales and solution centers in the United States and utilizes a dual-shore capability in Chennai to create additional value and cost savings to their clients.
Niteo's solutions provide clients with tangible business value from the latest technologies. By dramatically improving the quality and analysis of information, clients make smarter decisions, faster. For more information on our services, please visit http://www.niteo.com/.
About NEC Corporation of America, Inc.
NEC Corporation of America is a leading technology provider of network, IT and identity management solutions. Headquartered in Irving, Texas, NEC Corporation of America is the North America subsidiary of NEC Corporation (NIPNY.PK), a Global 200 company founded in 1899, which delivers technology and professional services ranging from server and storage technologies, virtualization and digital cinema solutions to biometric security, optical network, radio communications and IP voice and data systems. NEC Corporation of America serves carrier, SMB and large enterprise clients across multiple vertical industries. For more information, please visit http://www.necam.com/.
(C) 2008 NEC is a registered trademark of NEC Corporation. All Rights Reserved.
Media Contact:
Michael Clark
Niteo Partners
379 Thornall Street
Edison NJ 08837
732-767-0400
m.clark@niteo.com
Niteo Partners
CONTACT: Media, Michael Clark of Niteo Partners, +1-732-767-0400, m.clark@niteo.com
Web site: http://www.niteo.com/ http://www.necam.com/
4C Controls Inc. Announces Strategic Alliance and Financing of BQT Solutions Limited
NEW YORK and SYDNEY, Australia, March 3 /PRNewswire-FirstCall/ -- 4C Controls Inc. (BULLETIN BOARD: FOUR.OB) ("4C Controls") and BQT Solutions Limited ("BQT Solutions") today announced they have reached agreement whereby 4C Controls will invest in BQT Solutions and two of its current subsidiaries. The total value of the investment is AUD$24 million (approximately US$21.6 million) of which AUD$4 million is to be directly invested in BQT Solutions.
4C Controls is a publicly traded U.S. company. Approximately 80% of the issued and outstanding shares of 4C Controls were recently acquired by a Swiss-based investment group, Rudana Investment Group AG ("Rudana"), to serve as a public platform to create strategic affiliations with leading international security and surveillance enterprises serving security markets worldwide. Through these alliances, 4C Controls intends to position itself at the forefront of international security and surveillance technology, and establish its ability to design, manage and integrate state-of-the-art high technology security solutions with comprehensive and fully integrated service offerings.
4C Controls anticipates acquiring technologies and large global distribution networks primarily in the market sectors of (1) electronic surveillance/ global access control markets (biometric and closed-circuit television (CCTV)) and (2) low-orbit high resolution satellites technologies.
Gerald Sullivan, 4C Controls Chief Financial Officer, also serving as interim President and Chief Executive Officer, commented "4C Controls business plan is focused on technology as the key growth driver in the security market based on a general market shift towards more integrated security solutions. We believe that the diversified technologies portfolio of BQT, and specifically the remarkable opportunity provided by access to the low-orbit high resolution satellites market, as well as its first class customer base, will facilitate entrance into the security and surveillance industry by 4C Controls and creates a foundation on which to globally distribute sophisticated security solutions for a wide range of applications."
Rudana has undertaken to provide 4C Controls with the funds required to complete its investment in BQT Solutions, BQT Satellites Ltd ("BQT Satellites") and BQT Intelligent Security Systems Pty Ltd ("BQT Security") as specified in a Securities Purchase Agreement to be entered into between 4C Controls, BQT Solutions, BQT Satellites and BQT Security.
"This strategic alliance with 4C Controls is a significant milestone for our company. We are proud of our development of cutting edge technologies and the quality of our client base. Our goal is to capitalise on these achievements," said Mr. Abdulrahman Ahmad Falaknaz, Chairman of BQT Solutions, adding, "We will focus our strategy on corporate development and commercialization of the BQT Group technologies."
The investment by 4C Controls has been initiated, organized and managed by Prime Asset Finance Ltd. ("PAF"), a current financial adviser to BQT Solutions, and Arimathea Limited ("Arimathea"), a corporate development and financial advisory company based in the Isle of Man.
1. Corporate Development Overview
BQT Solutions is an Australian public company specializing in access control systems, biometric and smart card readers, CCTV, cameras and customised developments for selected clients.
BQT Solutions' strategy is to diversify and expand its activities in the security and surveillance technology sector. This strategy will involve hiring of senior management with expertise in the selected expanding sectors, especially the commercial segment. The expansion plan will be conducted as follows:
BQT Solutions will focus on commercializing its SMAX access control system and support sales of existing company technologies of biometrics, smart card readers, CCTV cameras and customized solutions for selected key clients.
BQT Satellites (currently 60% owned by BQT Solutions) will focus on design, building and operation of small synthetic aperture radar (SAR) satellites dedicated for earth observation and surveillance. BQT Satellites has finalized the establishment of an Italian joint venture company with Politechnico di Torino ("Polito"), one of the leading European technology scientific research institutes and technology partners for the satellite project. The new joint venture company named BQT Polito Space Technologies SPA ("BP Space") has been established as an Italian private stock company. BQT Satellites intends to seek listing on the Australian Stock Exchange through an initial public offering.
BQT Security (currently 60% owned by BQT Solutions) is in the final stage of acquiring from Polito technologies in the field of intrusion detection systems, radar systems for border and pipeline surveillance, radio frequency identification (RFID) and real time locating systems (RTLS) for monitoring and surveillance. BQT Security is also negotiating to acquire a highly qualified manufacturer of security and surveillance products. The completion of this acquisition will provide BQT Security with a manufacturing capability for the technologies to be acquired from Polito.
2. Investment Terms:
4C Controls will provide funds as follows:
AUD$1 million (first tranche) to be provided immediately for issue of 5,000,000 ordinary shares of BQT Solutions at a price of AUD$0.20 per share for the purpose of working capital.
AUD$3 million (second tranche) for issue of 15,000,000 ordinary shares of BQT Solutions at a price of AUD$0.20 per share (AUD$0.5 million will be used for the support of the advanced access control system "SMAX" global commercialization and AUD$2.5 million will be used for corporate development).
The AUD$3 million second tranche will be provided upon BQT Solutions fulfilling the following conditions:
2.1. Appoint a new Group CEO nominated by 4C Controls to manage and
complete the group expansion plan.
2.2. Consolidation of BQT Solutions shares (referred to in the United
States as a reverse split) at a ratio of 7 to 1, which will require
BQT Solutions shareholder approval.
After the 7 for 1 consolidation (reverse split) BQT Solutions will issue options to 4C Controls for the issue of 9,500,000 ordinary shares of BQT Solutions at an exercise price of AUD$0.10 per share.
AUD$14 million (approximately US$12.6 million) as an equity participation in BQT Satellites. The funds will be utilized to set up production facilities in Italy. The business plan for this segment of operations is to be finalized by BQT Satellites and revised by PriceWaterhouseCoopers. At the conclusion of this equity participation 4C Controls will own 40% of BQT Satellites and BQT Solutions will retain an equity interest of 20% of BQT Satellites.
AUD$6 million (approximately US$5.6 million) as an equity participation in BQT Security. The proceeds will be invested to finalize the acquisition and prototyping of technologies to be acquired from Politechnico di Torino (Polito), as well as the completion of the acquisition transaction referred to above. At the conclusion of this equity participation, 4C Controls will own 40% of BQT Security and BQT Solutions will retain an equity interest of 20% of BQT Security.
BQT and 4C Controls will verify within the coming weeks tax and regulatory compliances for the investment into BQT Satellites (AUD$14 million) and BQT Security (AUD$6 million).
Conditions of the investments into BQT Satellites and BQT Security include that BQT Solutions:
2.3. Adopt a new global corporate name, which brands its new security
surveillance systems structure and international business strategy.
Initiate the process of seeking supplemental listings on European
exchanges and on Nasdaq or the New York Stock Exchange (registration
as American Depository Receipts, "ADRs").
3. Manager Fees and Options
3.1. BQT Solutions, BQT Security and BQT Satellites will pay PAF and
Arimathea ("Managers"), for their respective work in facilitating the
investments by 4C Controls described above (collectively, the
"Financing"), a commission of eight per cent (8%) of the respective
capital received from 4C Controls and introduced by the Managers (the
"Commissions"). For clarity, there will be no duplication of
Commissions due or payable to the Managers and the Commissions are
payable by the respective recipient companies.
3.2. In addition to the Commissions, in further consideration for the
respective work of the Managers on behalf of BQT Solutions, BQT
Satellites and BQT Security in relation to the Financing, BQT
Solutions will, subject to BQT Solutions shareholder approval, grant
to each Manager options for the issue of 4,500,000 ordinary shares of
BQT Solutions (post consolidation) at an exercise price of AUD$0.10
(post consolidation) per share (the "Manager Options"). The Manager
Options will be issued after the BQT Solutions consolidation and pro
rata in proportion to the funds received. The Manager Options may be
exercised by the Managers at any time on or before December 31, 2013
by written notice to BQT Solutions.
3.3. All 54,000,000 issued and outstanding BQT Solutions options
previously granted to PAF, will, subject to shareholder approval, be
replaced by an equivalent number of further options that may be
exercised at any time on or before December 31, 2013.
In connection with the investment by 4C Controls, BQT Solutions will seek the consent of shareholders to the seven-for-one share consolidation and the issues of BQT Solutions shares and options referred to above. BQT Solutions also expects to announce additional organizational restructuring during the course of the next few weeks.
Forward-Looking Statements
This press release contains 'forward-looking statements' as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon currently available competitive, financial, and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. 4C Controls cannot provide assurances that any prospective matters described in the press release will be successfully completed or that it will realize the anticipated benefits of any transactions. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential from war or other hostilities in other parts of the world; availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; its ability to retain key management and employees; intense competition and the ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the 4C Controls SEC filings. 4C Controls undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with the business of 4C Controls, please refer to the risks and uncertainties detailed in the 4C Controls SEC filings.
4C Controls Inc.
CONTACT: Scott Eckstein, Financial Relations Board, +1-212-827-3766, for 4C Controls Inc.
Trend Alert: Busy Parents Now Turning to Video-on-Demand for Safe, Affordable, Convenient Children's EntertainmentMost-Popular Verizon FiOS TV Free Video-on-Demand TitlesShow Parents Trust Interactive TV for Affordable, Family-Friendly Entertainment That Fits Their Busy Schedules
NEW YORK, March 3 /PRNewswire/ -- Today's busy parents are increasingly embracing interactive television to find family-friendly entertainment they can enjoy whenever their hectic schedules allow. This home-entertainment trend is reflected in the selections that Verizon FiOS TV subscribers are making from the thousands of titles in the service's free video-on-demand library. In February, the most popular titles were family fare.
"In February, we saw the continuation of a strong trend of families taking advantage of our free video-on-demand service to access kid-friendly entertainment," said Shawn Strickland, Verizon vice president of video solutions. "Because we're delivering FiOS TV over the nation's most advanced fiber-optic network, straight to customer's doors, families are now able to access interactive video services that help them save time and money, and enjoy unparalleled picture quality and programming choices for all their TV viewing."
In February, the most-watched free FiOS TV video-on-demand titles were:
1. The Disney Channel's "Wizards of Waverly Place, Season 1: Episode 10:
Potion Commotion"
2. The Disney Channel's "Hannah Montana, Season 2: Episode 1: Cuffs Will
Keep Us Together"
3. The Disney Channel's "The Suite Life of Zack & Cody, Season 3: Episode
19: Foiled Again"
4. Nickelodeon's "Backyardigans: Quest for the Flying Rock"
5. Nickelodeon's "Dora the Explorer: School Pet"
6. Nickelodeon's "Fairly OddParents: Baby Face"
7. The Disney Channel's "Hannah Montana, Season 2: Episode 20: Bye Bye
Ball"
8. Nickelodeon's "Dora the Explorer: Leon, The Circus Lion"
9. The Disney Channel's "Minutemen"
10. Nickelodeon's "Diego: Chito and Rita Spectacled Bears"
Strickland said that three key factors are driving family home- entertainment trends: affordability, safety and convenience.
"Families want to break away from video store membership dues, late fees and the hassles of squeezing in those trips to the rental store to pick up and return DVDs," he said. "They want entertainment that is instantly available, fits their budget and that they can trust to be family-friendly. FiOS TV's video-on-demand fits the bill."
Customers access video on demand simply by pressing the "VOD" or "On Demand" button on their remote control, by using a menu on FiOS TV's interactive media guide, or selecting the VOD channel.
Verizon's collection of on-demand programming for children and families is one of the largest in the industry and includes programming from Discovery Kids, Nickelodeon, PBS Kids Sprout and others. FiOS TV's industry-leading video-on-demand family programming also includes free content from the Disney Channel. In addition, FiOS offers parental controls that let parents decide what's off-limits for their kids.
In addition to family fare, Verizon offers its FiOS TV subscribers more than 10,000 video-on-demand titles each month, 60 percent of which are free. Also, subscribers to HBO, Cinemax or FiOS TV's Movie Package, which includes Showtime, Starz, the Movie Channel and Encore, automatically have on-demand access to past and present episodes of original programming and movie releases.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 66 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of nearly 235,000 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon
CONTACT: Heather Wilner of Verizon, +1-212-321-8333 or heather.b.wilner@verizon.com
Web site: http://www.verizon.com/
Company News On-Call: http://www.prnewswire.com/comp/618232.html
DealerTrack Launches Independent NetworkNew Platform to Connect Independent Dealers and Lenders
LAKE SUCCESS, N.Y., March 3 /PRNewswire-FirstCall/ -- DealerTrack Holdings, Inc. , a leading provider of on-demand software and data solutions for the U.S. automotive retail industry, today announced the launch of the DealerTrack Independent Network(TM), a new web-based platform connecting independent (non-franchised) dealers and financing sources. The platform will include robust risk-mitigation capabilities enabling dealers to provide additional financing options to their customers.
"The DealerTrack Independent Network is a natural extension of our market- leading solution for submitting credit application data," said Mark O'Neil, chairman and chief executive officer of DealerTrack. "By providing a comprehensive package of risk-mitigation capabilities, we believe our new Independent Network will enable many more lenders and independent dealers to be comfortable doing business with each other."
Over 90% of U.S.-based franchised dealerships and several thousand of the largest independent auto dealers are active DealerTrack users connected with multiple lenders. However, the majority of the nation's estimated 42,800 independent dealers, which sold over 13 million used vehicles in 2007, have some level of difficulty developing relationships with financing sources.
Among other high value features, the DealerTrack Independent Network will include ongoing dealer monitoring, as well as vehicle title processing and title insurance. DealerTrack has formed alliances with VINtek, Inc. and Vehicle Title Agency, LLC, respectively, to offer these services.
Richard McLeer, senior vice president, strategy and development, DealerTrack, said, "The inability of many independent dealerships to offer financing options to their customers limits their potential revenue opportunities and puts them at risk for losing deals. By partnering with VINtek and Vehicle Title Agency, LLC, we are minimizing the risks lenders sometimes face, benefiting lenders, dealers and consumers alike."
The first five financing sources that have agreed to connect to the DealerTrack Independent Network are ACC Consumer Finance, AmeriCredit Financial Services, Fireside Bank, Turner Acceptance Corporation and Universal Special Auto Finance.
O'Neil concluded, "We believe the Independent Network is a key strategic solution for DealerTrack. It has the potential to leverage our existing credit application network not only in connecting more dealers and lenders, but also by creating new growth opportunities for DealerTrack. Subscription and transaction products such as the DealerTrack Arkona DMS, our InventoryPro inventory management solution, the DealerTrack Aftermarket Network, online used car valuation tools and our compliance solutions can help independent dealers better manage their business."
About DealerTrack (http://www.dealertrack.com/)
DealerTrack Holdings, Inc. is a leading provider of on- demand software and data solutions for the U.S. automotive and related industries. The company's solutions enable dealers to receive consumer leads, submit credit applications and receive responses, compare financing and leasing options, sell insurance, accessories and other aftermarket products, document compliance, and execute financing contracts electronically. In addition, the DealerTrack Arkona DMS (dealer management system) is used by dealerships nationwide. Over 22,000 dealers, including more than 90% of all franchised dealers; over 500 financing sources; and other service and information providers are active in the DealerTrack network.
About VINtek, Inc. (http://www.vintek.com/)
Founded in 1990, Philadelphia-based VINtek provides automotive collateral management services and business process outsourcing for banks, credit unions and other auto finance institutions using paper or electronic titles. A provider of Electronic Lien Transform (ELT) technology, VINtek helps lenders increase efficiency, decrease costs associated with account management and reduce errors and exceptions on titles and liens through automation. For more information, visit http://www.vintek.com/.
About Vehicle Title Agency, LLC (http://www.autotitleguard.com/)
Vehicle Title Agency, LLC is a joint venture between The First American Corporation , a FORTUNE 500(R) company that traces its history to 1889, and Experian Automotive, the automotive industry's premier information and vehicle history data supplier. By combining the strengths and expertise of these two companies, Vehicle Title Agency, LLC maximizes its efficiencies to deliver TitleGuard Vehicle Title Insurance to the used car buying and selling public. TitleGuard is the first and only product that insures used car buyers, sellers and lenders against the actual losses that can result from unreported DMV title defects for up to 100 percent of the vehicle's fair market retail value, or $50,000. To learn more about Vehicle Title's TitleGuard, visit http://www.autotitleguard.com/.
Safe Harbor for Forward-Looking and Cautionary Statements
Statements in this press release regarding DealerTrack, the benefits of the DealerTrack Independent Network, the potential to leverage the DealerTrack Independent Network to create new growth opportunities and sell additional subscription products, and all other statements in this release other than the recitation of historical facts are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of DealerTrack to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements.
Factors that might cause such a difference include: the number of financing sources and dealers that participate in the DealerTrack Independent Network, the technical functionality of the DealerTrack Independent Network, and other risks listed in our reports filed with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ended December 31, 2007. These filings can be found on DealerTrack's website at http://www.dealertrack.com/ and the SEC's website at http://www.sec.gov/. Forward-looking statements included herein speak only as of the date hereof and DealerTrack disclaims any obligation to revise or update such statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events or circumstances.
TRAK-G
Contacts:
Raphael Carty
DealerTrack
(516) 734-3777
raphael.carty@dealertrack.com
Stephanie Lowenthal
RF|Binder Partners
(212) 994-7619
stephanie.lowenthal@rfbinder.com
DealerTrack Holdings, Inc.
CONTACT: Raphael Carty of DealerTrack Holdings, Inc., +1-516-734-3777, raphael.carty@dealertrack.com; or Stephanie Lowenthal of RF|Binder Partners, +1-212-994-7619, stephanie.lowenthal@rfbinder.com
Web site: http://www.dealertrack.com/ http://www.vintek.com/ http://www.autotitleguard.com/
Verizon Executive to Present at Raymond James Conference on March 4
NEW YORK, March 3 /PRNewswire/ -- Ron Lataille, senior vice president - Investor Relations for Verizon Communications Inc. , will speak at the Raymond James 29th Annual Institutional Investors Conference in Orlando, Fla., on Tuesday, March 4. His presentation will be webcast beginning approximately 9:15 a.m. Eastern time on Verizon's Investor Relations Web site, http://www.verizon.com/investor. Access instructions and presentation materials will be available on the site that day.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon Communications
CONTACT: Bob Varettoni of Verizon Communications, +1-908-559-6388, robert.a.varettoni@verizon.com
Web site: http://www.verizon.com/ http://www.verizon.com/investor http://www.verizon.com/news
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Performance Technologies Building Components for Ground-based Regional Augmentation System (GRAS) for Airservices AustraliaProject Includes Work with Honeywell Aerospace
ROCHESTER, N.Y., March 3 /PRNewswire-FirstCall/ -- Performance Technologies , a leading developer of communication platforms and systems, today announced that it is working with Honeywell Precision Landing Systems in support of the Ground-based Regional Augmentation System (GRAS). This system is currently being developed by Honeywell for Airservices Australia to improve GPS-based navigation for commercial flights over continental Australia.
The GRAS system utilizes a network of VHF radio stations to transmit radio signals that correct for inherent GPS navigation errors. Performance Technologies' Advanced Managed Platform(TM) is utilized in building the ground-based navigation aid to compare the GPS information with the station's surveyed location, and identify errors in GPS, then links that information to the VHF transmitters for broadcast to airplanes.
Airservices Australia is a government-owned corporation providing air traffic control management and related airside services to the aviation industry. The Australian Flight Information region covers 11 percent of the earth's surface, including international airspace over the Pacific and Indian Oceans in addition to Australian airspace.
The Advanced Managed Platform (model AMP5095) is an integrated, high availability communications solution comprised of the following hardware and software from Performance Technologies:
-- High-density, 7U chassis with redundant power and cooling
-- 24-port, Gb Ethernet switch (CPC6600)
-- 24-port T1/E1/J1 edge processor (CPC324)
-- High-performance, IP storage blade (CPC5900)
-- The company's exclusive Intelligent Shelf Manager architecture for
remote monitoring
-- NexusWare(R), a CGL registered Linux(R) operating system and
development environment
The GRAS deployment improves navigation accuracy, integrity, and overall safety for aircraft in flight. For airport terminals, the improved accuracy and integrity enables the GPS to provide lateral and vertical guidance, enabling pilots to safely fly an instrument approach to within 250 feet above the ground in low visibility or terrain challenged environments. Major benefits of the system include improved air safety and the ability for small airports without traditional navigation tools to operate in reduced visibility conditions.
More information on Performance Technologies' Advanced Managed Platforms can be found at http://www.pt.com/amp08.
About Performance Technologies (http://www.pt.com/)
Performance Technologies is a global supplier of integrated IP-based platforms and solutions for advanced communications networks and innovative computer system architectures. Our Embedded Systems Group offers robust application-ready platforms that incorporate open-standards based software and hardware, providing significantly accelerated end product deployment benefits for equipment manufacturers. Our Signaling Systems Group offers the SEGway(TM) product suite, which includes IP STPs, SS7 over IP transport solutions, and signaling gateways that enable lower operating costs through utilization of IP networks, thereby creating competitive advantages for carriers in existing and emerging markets.
Performance Technologies is headquartered in Rochester, New York. Additional engineering facilities are located in San Diego and San Luis Obispo, California, and Kanata, Ontario, Canada.
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. This press release contains forward-looking statements which reflect the Company's current views with respect to future events and financial performance, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor provisions of those Sections.
These forward-looking statements are subject to certain risks and uncertainties, and the Company's actual results can differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, among other factors, general business and economic conditions, rapid technological changes accompanied by frequent new product introductions, competitive pressures, dependence on key customers, the attainment of design wins and obtaining orders as a result, fluctuations in quarterly and annual results, the reliance on a limited number of third party suppliers, limitations of the Company's manufacturing capacity and arrangements, the protection of the Company's proprietary technology, the dependence on key personnel, changes in critical accounting estimates, potential impairments related to investments, foreign regulations and potential material weaknesses in the future. Forward-looking statements should be read in conjunction with the audited Consolidated Financial Statements, the Notes thereto, Risk Factors, and Management's Discussion and Analysis of Financial Condition and Results of Operations of the Company as of December 31, 2006, as contained in the Company's Annual Report on Form 10-K, and other documents filed with the Securities and Exchange Commission.
The names of actual companies, products, or services may be the trademarks, registered trademarks, or service marks of their respective owners in the United States and other countries.
Performance Technologies
CONTACT: Will Smith, Marketing Communications Manager of Performance Technologies, +1-585-256-0200, wjs@pt.com
Web site: http://www.pt.com/ http://www.pt.com/amp08
Herley Industries, Inc. Receives a Follow-on Contract Award of More than $1.4 Million from Telephonics Corporation
LANCASTER, Pa., March 3 /PRNewswire-FirstCall/ -- Herley Industries, Inc. announced that Telephonics Corporation, based in Farmingdale, New York, has awarded a contract valued at more than $1.4 million to Herley Lancaster, the Company's Pennsylvania division. Herley Lancaster will provide integrated receiver exciters for Telephonics search and surveillance radars.
Company Chairman and CEO, Myron Levy, commented, "Herley Lancaster has been providing radar components to Telephonics for more than ten years. This product is currently in production for Telephonics, and this follow-on order provides for deliveries well into 2009."
Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Lancaster, PA, Herley has eight manufacturing locations and approximately 985 employees. Additional information about the company can be found on the Internet at http://www.herley.com/
Safe Harbor Statement -- Except for the historical information contained herein, this release may contain forward-looking statements. Such statements are inherently subject to risks and uncertainties. When used in this report, words such as "anticipated," "believes," "could," "estimates," "expects," "may," "plans," "potential" and "intends" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the belief of the Company's management, as well as assumptions made by and information currently available to the Company's management. The Company's results could differ materially based on various factors, including, but not limited to, cancellation or deferral of customer orders, difficulties in the timely development of new products, difficulties in manufacturing, increased competitive pressures, the effects of the indictment of the Company and general economic conditions. The Company undertakes no obligation to update forward-looking statements as a result of future events or developments.
For information at Herley contact:
Peg Guzzetti
Investor Relations
Tel: (717)735-8117
http://www.herley.com/
Herley Industries, Inc.
CONTACT: Peg Guzzetti, Investor Relations, Herley Industries, Inc., +1-717-735-8117
Web site: http://www.herley.com/
Agreement Signed for Sale of Nam Tai's Entire Interest in J.I.C. Technology Company LimitedNam Tai to Sell JIC Shares for Cash of Approximately $51.1 million
MACAO, China, March 3 /PRNewswire-FirstCall/ -- As previously announced, Nam Tai Electronics, Inc. ("Nam Tai", NYSE: NTE) has been engaged in negotiations regarding the potential sale of Nam Tai's entire interest in its Hong Kong-listed subsidiary, J.I.C. Technology Company Limited ("JIC"). Nam Tai owns 572,594,978 shares of JIC, representing approximately 74.99% of the outstanding share capital of JIC. These negotiations were concluded on February 26, 2008, when Nam Tai and HKC (Holdings) Limited ("HKC") entered into a Share Purchase Agreement, under which HKC agreed to purchase, and Nam Tai agreed to sell, Nam Tai's entire interest in JIC for cash in the aggregate amount of approximately $51.1 million (all dollar information in this press release are US dollars, which have been converted from Hong Kong dollars based on the currency exchange rate of 1 US dollar to 7.782 Hong Kong dollars). The primary businesses of HKC, whose securities are listed on the Hong Kong Stock Exchange (stock code: 00190), consist of property investment, development and management; infrastructure and alternative energy; and construction and engineering. These operations are principally conducted in Hong Kong and in Mainland China.
Under the Exclusivity Agreement entered into between Nam Tai and a wholly- owned subsidiary of HKC on 6 February 2008, such wholly-owned subsidiary of HKC has paid Nam Tai earnest money in the amount of $128,500. Under the Share Purchase Agreement, HKC has agreed to pay additional earnest money to Nam Tai of approximately $12.8 million if the transaction has not closed by March 11, 2008 (or such other date as the parties may agree in writing). The parties have agreed that all earnest money payments will be applied to the purchase price payable by HKC to Nam Tai at the closing of the transaction, at which time the balance of the purchase price will be payable to Nam Tai in cash.
The closing of the sale is subject to the satisfaction or waiver of various conditions precedent, including the continued trading of JIC's shares on the Hong Kong Stock Exchange prior to closing (save for temporary suspension pending the announcements in connection with the Share Purchase Agreement and the transactions contemplated thereunder); the absence of any objection to such listing by the Hong Kong Stock Exchange or the Hong Kong Securities and Future Commission; and other customary closing conditions. Under the Share Purchase Agreement, if approval of HKC's shareholders is required for the transaction, such approval must be obtained no later than May 26, 2008, unless extended by the parties. HKC may terminate its obligations to purchase the JIC shares from Nam Tai under the Share Purchase Agreement if the conditions necessary for the transaction to close have not occurred, or been waived by HKC, by May 26, 2008.
Following the closing, and conditioned thereon, HKC will be required under the Hong Kong Code on Takeovers and Mergers to conduct the Hong Kong- equivalent of a US tender offer for the shares of JIC that HKC does not already own and offer to JIC's minority shareholders a price per share not less than an equivalent price per share that HKC is paying to Nam Tai for its 74.99% interest in JIC. Further information concerning the transaction will be available on the websites of JIC and HKC, which may be accessed at http://www.jic-group.com/ and http://www.hkcholdings.com/, respectively.
Except as contracting parties, neither Nam Tai nor any of its affiliates (including JIC) had any relationship with HKC through the date the Share Purchase Agreement was executed.
"If the transaction is successfully consummated, Nam Tai expects to record an extraordinary gain of approximately $20 million from the sale of its JIC shares," commented John Farina, Nam Tai's President and Chief Financial Officer. "We also expect that a successful sale of our interest in JIC will reduce our overall administration and infrastructure expenses and permit Nam Tai's management to focus on expanding and improving efficiencies in Nam Tai's core manufacturing business," Mr. Farina added.
ABOUT NAM TAI ELECTRONICS, INC.
We are an electronics manufacturing and design services provider to a select group of the world's leading OEMs of telecommunications and consumer electronic products. Through our electronics manufacturing services operations, we manufacture electronic components and subassemblies, including LCD panels, LCD modules, RF modules, DAB modules, FPC subassemblies and image sensors modules and PCBAs for headsets containing Bluetooth wireless technology. These components are used in numerous electronic products, including mobile phones, laptop computers, digital cameras, electronic toys, handheld video game devices, and entertainment devices. We also manufacture finished products, including mobile phone accessories, home entertainment products and educational products. We assist our OEM customers in the design and development of their products and furnish full turnkey manufacturing services that utilize advanced manufacturing processes and production technologies.
Nam Tai currently has two Hong Kong listed subsidiaries, Nam Tai Electronic & Electrical Products Limited ("NTEEP") and JIC. Interested investors may go to the website of The Stock Exchange of Hong Kong at http://www.hkex.com.hk/ to obtain information specific to NTEEP and JIC. The stock codes of NTEEP and JIC in The Stock Exchange of Hong Kong are 2633 and 987, respectively. Investors are reminded to exercise caution when assessing such information and not to deal with the shares of Nam Tai based solely upon reliance on such information.
Nam Tai Electronics, Inc.
CONTACT: Investors: John Farina, +853-2835-6333, or fax, +853-2835-6262, shareholder@namtai.com
Web site: http://www.namtai.com/ http://www.jic-group.com/ http://www.hkcholdings.com/
Verizon Wireless Expands Wireless Broadband Network in Pennsylvania to Edinboro UniversityHigh-Speed Network Gives Verizon Wireless Customers Access to Fast Wireless Internet, E-mail, Mobile Music, Videos, and More
EDINBORO, Pa., March 3 /PRNewswire/ -- Verizon Wireless announced today that it has expanded the national rollout of its high-speed wireless network to Edinboro University campus and a portion of the town of Edinboro.
"This is a vital area with dynamic, tech-savvy business people, students, visitors, and residents who want to stay connected," said Roger Tang, president -- Ohio/Pennsylvania/West Virginia region, Verizon Wireless. "The launch of our broadband network here provides our customers with access to the very latest wireless technology."
With the wireless broadband network now available, Verizon Wireless customers in the area can enjoy two prime services:
-- BroadbandAccess, the enhanced high-speed wireless service that equips
Verizon Wireless' business customers with a truly untethered mobile
office experience, enabling them to wirelessly access their calendars,
the Internet, e-mail, and critical business information residing behind
their companies' firewalls; and
-- V CAST, a consumer-oriented multimedia service that gives customers
access to the most comprehensive selection of downloadable music,
high-quality videos and the coolest 3D games found anywhere.
BroadbandAccess
Based on Evolution-Data Optimized (EV-DO) Revision A (Rev. A) network technology, BroadbandAccess provides mobile workers with the ability to access their corporate information as if they were attached to this data via a high-speed wired connection but with the freedom of true mobility. Developed with a range of users in mind, the service enables large enterprises, small- to medium-sized businesses and mobile professionals to conduct business anytime, anywhere in the BroadbandAccess coverage area via a secure, true high-speed data connection.
With BroadbandAccess, business customers, students, residents, and visitors to the area can expect average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps. That means they can download a 1 Megabyte e-mail attachment -- the equivalent of a small PowerPoint(R) presentation or a large PDF file -- in about eight seconds and upload the same-sized file in less than 13 seconds.
BroadbandAccess also enables Verizon Wireless customers to download files approximately 10 times faster than customers of wireless service providers that use different broadly deployed network technologies. Furthermore, customers who travel outside the enhanced BroadbandAccess coverage area with an EV-DO device will switch seamlessly to the company's NationalAccess service.
"Our enhanced BroadbandAccess service gives our customers three key advantages in wireless communication -- speed, mobility and security," Tang said. "With these advantages comes an increase in productivity and bottom-line business benefits."
V CAST: Video and Music
The company's wireless broadband network also enables its V CAST multimedia services, which offer customers the ability to download full-song tracks, play cutting-edge 3D games and stream video clips straight to their handsets with top transmission speeds. With content updated daily, customers can watch dozens of on demand videos, including breaking news, weather updates, sports highlights, and the hottest entertainment clips.
With V CAST Music, Verizon Wireless has built a massive full-song mobile music store that contains more than 2.7 million songs -- from well-known as well as independent artists -- that customers can download over-the-air, directly onto their V CAST Music-enabled wireless phones.
Investment
The multi-million dollar expansion includes the installation of high-tech wireless hardware and software in wireless transmission sites throughout the region. Verizon Wireless has invested more than $44 billion since it was formed -- nearly $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. Nearly $1.4 billion of this investment was spent in Pennsylvania since 2001. In 2007, the company invested nearly $236 million in its Pennsylvania network improvements.
Verizon Wireless was the first national wireless provider to commercially launch a high-speed wireless broadband network in the United States. Edinboro University is the latest to be added to the coverage.
For more information about Verizon Wireless products and services, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 65.7 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Laura Merritt of Verizon Wireless, +1-614-560-2605, Laura.Merritt@verizonwireless.com; or Jeff Donaldson For Verizon Wireless, +1-412-642-7700, jeff.donaldson@elias-savion.com
Web site: http://www.verizonwireless.com/ http://www.verizonwireless.com/multimedia
TI linear regulator cuts MSP430 standby power consumption in half150-mA, dual-level output LDOs with 500-nA quiescent current
DALLAS, March 3 /PRNewswire-FirstCall/ -- Texas Instruments Incorporated (TI) today introduced 150-mA, low-dropout linear regulators (LDOs) with dual-level voltage output for MSP430 microcontroller-based,
battery-powered devices. Consuming the lowest quiescent current in the industry at 500-nanoAmps, the LDO's voltage select (VSET) pin gives designers the ability to switch between two voltage levels to customize and cut power consumption in half during operation. See: http://www.ti.com/tps780xx-pr.
TI's new ultra-low power TPS780xx LDOs with selectable dual-level output voltages allow designers to dynamically shift to a lower voltage level in a battery-powered design when the microprocessor is in sleep mode. The two voltage levels are preset at the factory by applying a unique architecture using EPROM, which provides multiple output voltage options.
The LDO requires no external parts to implement the device's dynamic voltage scaling (DVS) feature for an 8-bit or 16-bit MSP430 or other microcontroller design. The TPS780xx is stable with any output capacitor greater than 0.1uF. The devices come in a 6-pin, 2 mm x 2 mm, SON package, which is targeted at portable applications, such as mobile handsets, digital still cameras and MSP430 microcontroller-based applications that require low power, while maintaining a small footprint.
Key features of the TPS780xx family:
-- 150-mA low dropout regulator with pin-selectable dual level output
-- Low dropout: 250-mV (typical) at 150-mA
-- 3-percent typical accuracy over load/line/temperature
-- Low total quiescent current: 500-nA
-- Adjustable or fixed output voltages ranging from 0.8 V to 5.0 V. Fixed
output voltages easily modified using factory EPROM programming.
-- VSET pin toggles between two factory preset voltage levels
-- Thermal shutdown and overcurrent protection
Pricing and availability
The TPS780xx family of LDOs are sampling today. Volume production is expected in March. Suggested retail pricing in 1,000-piece quantities is $0.75. Other LDOs supporting MSP430 microcontrollers include the TPS781xx with a 1-uA quiescent current, TPS797xx and TPS715xx regulators. For a full range of LDOs, see http://power.ti.com/.
TI enables innovation with a broad range of controllers
From ultra-low power MSP430 and 32-bit general purpose TMS470 ARM7(R)-based MCUs to high performance TMS320C2000(TM) digital signal controllers, TI offers designers a broad range of embedded control solutions. Designers can also accelerate their design to market by tapping into TI's complete software and hardware tools, extensive third party offerings and technical support. For more information on the broad range of TI's controllers, see http://www.ti.com/mcu.
About Texas Instruments
Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/.
Please refer all reader inquiries to:
Texas Instruments Incorporated
Semiconductor Group, SC-08030
Literature Response Center
14950 FAA Blvd.
Fort Worth, TX 76155
1-800-477-8924
Trademarks
All registered trademarks and other trademarks belong to their respective owners.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010105/NEF016LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
Texas Instruments Incorporated
CONTACT: Matt McKinney of Texas Instruments, +1-214-480-6894, m-mckinney1@ti.com; or Jacqi Moore of GolinHarris, +1-972-341-2514, jmoore@golinharris.com, for Texas Instruments Incorporated
Web site: http://www.ti.com/
WallSt.net (www.wallst.net) Updates Investment Community Through All-New Interview With NewMarket Latin America
NEW YORK, March 3 /PRNewswire/ -- On February 29, Aubrey Brown, CEO of NewMarket Latin America, Inc. (Pink Sheets: NLAI) (http://www.newmarketlatinamerica.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 which investors should watch.
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 at the top of the "Interviews" section of the site or by entering the company's ticker symbol in the Search Archive window.
Ask Aubrey Brown a question, post a comment on his personal page, and join his financial social network today at http://www.mywallst.net/.
About NewMarket Latin America, Inc.
NewMarket Latin America is a consolidated subsidiary of NewMarket Technology providing world class systems integration services through relationships with Hyperion, Oracle, SAP, SSA Global, Microsoft and many more. NewMarket Latin America has major customers in various sectors such as Oil and Gas, Consumer Products, Financial Services, and Pharmaceuticals Industries.
NewMarket Latin America delivers solutions to regional customers in addition to specializing in helping US clients expand their businesses and operations into one of the fastest growing economic regions in the world. NewMarket Latin America has offices and operations throughout Latin America.
NewMarket Latin America also identifies emerging technologies developed within the region and brings those latest technologies to market worldwide. These innovations help clients grow their businesses and gain a new competitive advantage.
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 website 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 compliance solutions to publicly traded companies. In addition, WallStreet Direct owns and operates WallStRadio (http://www.wallstradio.com/), a business and finance podcast website. Financial Filings Corp. is expecting to receive two hundred eighty dollars from NewMarket Latin America, 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
NewLatin America Inc. Investor Relations
214-722-3065
ir@latinamericainc.com
Photo: http://www.newscom.com/cgi-bin/prnh/20050927/LATU121LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
WallStreet Direct, Inc.; NewMarket Latin America, Inc.
CONTACT: WallSt.net, 1-800-4-WALLST; or NewLatin America Inc. Investor Relations, +1-214-722-3065, ir@latinamericainc.com
Web site: http://www.wallst.net/
Health Information Technology Executives Overwhelmingly Believe the Industry Needs to Work Together on Information SecurityNinety-Six Percent of Executives Believe that Uniformity is the Key to Ensuring Sensitive Healthcare Information is Properly Protected
DALLAS, March 3 /PRNewswire-USNewswire/ -- A new survey shows that 96 percent of health information technology (HIT) executives think it is important to have a uniform way for verifying the security of sensitive healthcare information, and 85 percent think it is time for the industry to come together and develop a comprehensive framework that can provide that uniformity. The survey, the first of an annual series commissioned by the Health Information Trust Alliance (HITRUST) and conducted by KRC Research, also shows that more than half of those surveyed are frustrated that there are no standardized practices for complying with HIPAA.
"The results of this survey confirm what we've known anecdotally for a long time," said Daniel Nutkis, CEO of HITRUST. "That there is a substantial need for a common security framework that is created by industry, for industry, and is therefore better able to quickly adapt to changes in technology and business practices as well as to constantly changing threats."
HIT leaders worry most about loss of customers' trust if their organization mishandled sensitive information. Minimizing the risk of information theft is the number one benefit that HIT executives think will result from adopting a common set of healthcare information standards and practices, and 77 percent believe a common set of standards and practices would make it easier to obtain necessary funding for information security from top management.
Although 82 percent believe that a common security framework would help their companies' efforts to secure electronic healthcare information, more than a third of HIT executives do not think there is enough cooperation yet to effectively implement a common set of information security standards, guidelines and practices.
As the volume of electronically shared healthcare information continues to skyrocket, two-thirds of HIT executives agree that a major security breach is inevitable if action is not taken in the security arena. Illustrating one potential cause of this fear: nearly half of executives are very confident in the security of their own companies, yet 74 percent have concerns that their business partners do not have sufficient information security measures in place. This criticism of external partners also supports the growing trend for organizations requiring information security audits of their trading partners.
"None of us wants to think that we're the 'weakest link' in the healthcare information supply chain," said Frank Grant, Senior Director, U.S. Healthcare at Cisco, which helped to fund the survey. "But, given the numerous different ways that companies store and exchange personal data, sensitive information is inevitably at a higher risk of being compromised, even if unintentionally. A standard framework will help to significantly mitigate that risk and provide healthcare executives with a guideline for more accurate self-assessment and third party accreditation."
Additionally, respondents expressed concerns if the federal government were to take a leadership role in the development of a common framework for securing sensitive healthcare information. These concerns included the government's insulation from market forces and worries about the bottom line. Other concerns included the government's late adoption of new technologies and its bad track record on securing data.
KRC Research conducted 150 telephone interviews with executives in the healthcare industry with IT security responsibilities between January 28 and February 15, 2008. The estimated margin of error among this audience is ±8 percentage points at the 95% confidence interval. The stratified sample included health care providers, health plans, pharmaceutical benefits managers, manufacturers of pharmaceuticals, biotech and medical supply or devices, wholesale distributor, retailer or mail order pharmacies and information networks, clearinghouse or data exchanges.
An executive summary and the full survey report are available at http://www.hitrustalliance.org/. In addition, the survey results will be discussed in detail at the upcoming HITRUST Common Security Framework Summit on April 28 - 29, 2008. More information on the Summit and the HITRUST Common Security Framework is available at http://www.hitrustalliance.org/summit.
About HITRUST
The Health Information Trust Alliance (HITRUST), a private, independent company was created to establish a common security framework that will allow for more effective and secure access, storage and exchange of personal health information. HITRUST is bringing together a broad array of healthcare organizations and stakeholders, who are united by the core belief that standardizing a higher level of security will build greater trust in the electronic flow of information through the healthcare system. For more information on HITRUST and its programs, go to http://www.hitrustalliance.org/.
About KRC Research
Headquartered in Washington, D.C., KRC Research is a leading non-partisan full-service communications research firm. The firm has worked for over 30 years on behalf of corporations, not-for-profits and governments, as well as the PR and marketing agencies that represent them. A unit of the Interpublic Group of Companies , KRC offers the high quality and custom service of a small firm, plus the reach of a global organization. For more information, visit http://www.krcresearch.com/.
Health Information Trust Alliance
CONTACT: Heather Cable, +1-202-585-2765, hcable@powelltate.com, for the Health Information Trust Alliance
Web Site: http://www.hitrustalliance.org/ http://www.krcresearch.com/
ATA Inc. Announces Conference Call to Discuss Third Quarter Fiscal Year 2008 Results
BEIJING, March 3 /Xinhua-PRNewswire-FirstCall/ -- ATA Inc. ("ATA", or the "Company"), the leading provider of computer-based testing services in China, announced today that it will host a conference call at 9:00 a.m. ET on Tuesday, March 11, 2008, to discuss results for the third quarter of fiscal year 2008.
Joining Kevin Ma, CEO of ATA Inc., will be Walter Wang, Director and President, and Carl Yeung, Chief Financial Officer. The Company plans to distribute its earnings announcement before the call.
To participate in the conference call, please dial +1(800)299-7635 five to ten minutes prior to the scheduled conference call time and ask to join the ATA Inc call. International callers should dial +1(617)786-2901.
If you are unable to participate in the call at this time, a replay will be available on March 11 at 11:00 a.m. ET, through March 18. To access the replay, dial +1(888)286-8010, international callers should dial +1(617)801- 6888, and enter the pass code 91631251.
This conference call will be broadcast live over the Internet and can be accessed by all interested parties on ATA Inc.'s website at http://www.ata.net.cn/ . To listen to the live webcast, please go to ATA Inc.'s website at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a replay will be available shortly after the call on ATA Inc.'s website for 90 days.
About ATA Inc.
ATA Inc. ("ATA" or the "Company") is the leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. The Company's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology, or IT, services, banking, teaching, securities, insurance and accounting. ATA's test center network comprised 1,810 authorized test centers located throughout China as of September 30, 2007, which the Company believes is the largest test center network of any commercial testing service provider in China. Combined with its test delivery technologies, this network allows ATA's clients to administer large-scale nationwide tests in a consistent, secure and cost-effective manner. ATA has delivered over 23 million tests since it commenced operations in 1999, and in July 2007 delivered tests to more than 200,000 test takers in a single day for the China Banking Association, through its test delivery platform.
For more information, please contact:
ATA Inc.
Carl Yeung, CFO
Tel: +86-10-6518-1122 x5107
Email: carlyeung@ata.net.cn
CCG Elite Investor Relations
Crocker Coulson, President
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Ed Job, CFA
Tel: +1-646-213-1914
Email: ed.job@ccgir.com
ATA Inc.
CONTACT: ATA Inc. - Carl Yeung, CFO, +86-10-6518-1122 x5107, or carlyeung@ata.net.cn; CCG Elite Investor Relations - Crocker Coulson, President, +1-646-213-1915, or crocker.coulson@ccgir.com; or Ed Job, CFA, +1- 646-213-1914, or ed.job@ccgir.com, both for ATA
Web site: http://www.ata.net.cn/
PrimeYield LCC Enables Litho-Clean Tapeout for LG Electronics HDTV Application ChipsetPrimeYield LCC Successfully Reduces Litho-Induced Design Respins
MOUNTAIN VIEW, Calif., March 3 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in software and IP for semiconductor design and manufacturing, today announced that LG Electronics (LGE) has successfully discovered and fixed lithography hotspots in its HDTV application chipset using Synopsys' PrimeYield LCC (lithography compliance checker). The HDTV application chipset, a high-volume design on TSMC 65nm technology, is intended for use in high-definition television. PrimeYield LCC enables designers to avoid having to either respin their designs due to missing litho hotspots or rely on a post-tapeout foundry service that could take one to four weeks to perform the litho verification.
To accurately flag critical hotspots, PrimeYield LCC utilizes encrypted manufacturing information from the foundry. Using this information together with Synopsys' production-proven Proteus optical proximity correction (OPC) technology, PrimeYield LCC creates a "virtual fab" to provide fast and accurate results on the designer's desktop. In addition to flagging litho- hotspot results in a format similar to design rule checking (DRC), PrimeYield LCC provides correction guidance to the Synopsys IC Compiler place-and-route solution.
This auto-correction link between PrimeYield LCC and IC Compiler was the key to LG Electronics' selection of PrimeYield LCC. According to Woo-Hyun Paik, vice president of LG Electronics, System IC Business Unit, "As a longtime customer, we're familiar with the benefits of Synopsys' physical design products. With PrimeYield LCC, we were able to extend those benefits into manufacturing to deliver a zero-defect design to the foundry."
"PrimeYield LCC extends DRC by performing accurate and foundry-qualified lithography checks," said Antun Domic, Synopsys senior vice president and Implementation Group general manager. "The successful use of PrimeYield LCC for high-volume chips such as the LGE HDTV application chipset is a testament to the tool's value in avoiding litho-induced design respins."
About LG Electronics
LG Electronics, Inc. is a global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 82,000 people working in over 110 operations including 81 subsidiaries around the world. With 2007 global sales of USD 44 billion, LG is comprised of four business units -- Mobile Communications, Digital Appliance, Digital Display and Digital Media. LG is the world's leading producer of mobile handsets, flat panel TVs, air conditioners, front-loading washing machines, optical storage products, DVD players and home theater systems. For more information, please visit http://www.lge.com/.
About Synopsys
Synopsys, Inc. is a world leader in electronic design automation (EDA) software for semiconductor design. The Company delivers technology-leading system and semiconductor design and verification platforms, IC manufacturing and yield optimization solutions, semiconductor intellectual property and design services to the global electronics market. These solutions enable the development and production of complex integrated circuits and electronic systems. Through its comprehensive solutions, Synopsys addresses the key challenges designers and manufacturers face today, including power management, accelerated time to yield and system-to-silicon verification. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan and Asia. Visit Synopsys online at http://www.synopsys.com/.
Synopsys is a registered trademark of Synopsys, Inc. Any other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.
Editorial Contacts:
Sheryl Gulizia
Synopsys, Inc.
650-584-8635
sgulizia@synopsys.com
Lisa Gillette-Martin
MCA, Inc.
650-968-8900 x115
lgmartin@mcapr.com
Synopsys, Inc.
CONTACT: Sheryl Gulizia of Synopsys, Inc., +1-650-584-8635, sgulizia@synopsys.com; or Lisa Gillette-Martin of MCA, Inc., +1-650-968-8900 ext. 115, lgmartin@mcapr.com
Web site: http://www.synopsys.com/ http://www.lge.com/
Dynamics Research Corporation Awarded TRICARE Teams Contract- Selected for $5 Billion Contract Providing Solutions and Services for Military Health Systems -
ANDOVER, Mass., March 3 /PRNewswire-FirstCall/ -- Dynamics Research Corporation , a leading provider of innovative engineering, technical and information technology services and solutions to federal and state governments, announced today that it was one of 22 companies awarded a prime contract for the $5 billion TRICARE Evaluation, Analysis, Management and Support program, or TEAMS. This indefinite delivery and indefinite quantity contract with the Office of the Assistant Secretary of Defense for Health Affairs and TRICARE Management Activity has a one-year base period with nine option years. We anticipate task order RFPs will begin to flow later this year.
"We are very excited to have this opportunity to bring our proven program management and business process improvement solutions to TRICARE, a program that is critical to our country and to the many veterans that work at DRC," said James P. Regan, DRC's chairman, president and CEO. "This effort is an integral part of DRC's thrust to provide more services to the military health community."
Under the terms of the contract, DRC will provide services to Health Affairs in support of policy development, decision support, program and project management and administration, as well as specialized studies and analysis, performance-based budgeting, financial analysis, business process improvement, functional validation and verification, information management, acquisition management, and logistical support.
DRC was selected for the TEAMS vehicle Category 2, Program Management Support, due to extensive management services expertise and proven performance supporting defense, national security and civilian government.
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) is a leading provider of mission- critical technology management services and solutions for government programs. DRC offers forward-thinking solutions backed by a history of excellence and customer satisfaction. Founded in 1955, DRC is a publicly held corporation and maintains more than 25 offices nationwide with major offices in Andover, Massachusetts; Reston, Virginia; and Fairborn, Ohio. For more information please visit our website at http://www.drc.com/.
Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Some statements contained or implied in this news release, may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the company's financial results, please refer to DRC's most recent filings with the SEC. The company assumes no obligation to update any forward-looking information.
CONTACTS:
Investors:
Dave Keleher
SVP and Chief Financial Officer
978.289.1615
dkeleher@drc.com
Media:
Duyen "Jen" Truong,
Sage Communications (for DRC)
703.584.5645
duyent@aboutsage.com
Dynamics Research Corporation
CONTACT: Investors, Dave Keleher, SVP and Chief Financial Officer of Dynamics Research Corporation, +1-978-289-1615, dkeleher@drc.com; or Media, Duyen "Jen" Truong, of Sage Communications for Dynamics Research Corporation, +1-703-584-5645, duyent@aboutsage.com
Web site: http://www.drc.com/
Preformed Line Products Announces Financial Results for the Fourth Quarter and Full Year 2007Net sales increased 17% for the year 2007Earnings per diluted share increased 27% for the year 2007
MAYFIELD VILLAGE, Ohio, March 3 /PRNewswire-FirstCall/ -- Preformed Line Products Company today reported financial results for the fourth quarter and the full year 2007.
Net income for the quarter ended December 31, 2007 was $1,568,000, or $.29 per diluted share, compared to $2,044,000, or $.38 per diluted share, for the comparable period in 2006. Net income for the quarter ended December 31, 2007 included non-cash, after-tax charges of $537,000 for goodwill impairment and the write off of tax loss carryforwards, both related to our Thailand operation. Net sales in the fourth quarter 2007 improved 32% to $68,224,000 compared to last year's $51,765,000.
Net income for the year ended December 31, 2007 increased 22% to $14,766,000, or $2.72 per diluted share, compared to the prior year's $12,103,000, or $2.14 per diluted share. Net sales for the year 2007 improved 17% to $254,607,000 compared to last year's $216,937,000.
Currency had a favorable impact on sales for the year and fourth quarter of $10 million and $4 million, respectively. Currency favorably impacted net income for the year and quarter by $.6 million and $.3 million, respectively.
Rob Ruhlman, Chairman and Chief Executive Officer, said, "I am pleased with the growth and progress of our domestic business. Improvements in our domestic sales are allowing us to successfully leverage our expenses. Our international businesses maintained their positions after strong gains experienced in 2006. Our acquisitions were successfully integrated and provide exciting expansion of our product lines. Sales from our newly acquired companies contributed $17 million for the year and $7 million for the quarter. I see a strong future for Preformed Line Products."
Founded in 1947, Preformed Line Products is an international designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications and broadband network companies.
Preformed's world headquarters are in Cleveland, Ohio, and the Company operates four domestic manufacturing centers located in Rogers, Arkansas, Albuquerque, New Mexico, Albemarle, North Carolina, and Asheville, North Carolina. The Company serves its worldwide market through international operations in Australia, Brazil, Canada, China, England, Mexico, New Zealand, Poland, South Africa, Spain and Thailand.
This news release contains "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 regarding the Company, including those statements regarding the Company's and management's beliefs and expectations concerning the Company's future performance or anticipated financial results, among others. Except for historical information, the matters discussed in this release are forward-looking statements that involve risks and uncertainties which may cause results to differ materially from those set forth in those statements. Among other things, factors that could cause actual results to differ materially from those expressed in such forward-looking statements include the strength of the economy and demand for the Company's products, increases in raw material prices, the Company's ability to identify, complete and integrate acquisitions for profitable growth, and other factors described under the heading "Forward-Looking Statements" in the Company's Form 10-K/A filed with the SEC on January 4, 2008. The Form 10-K/A and the Company's other filings with the SEC can be found on the SEC's website at http://www.sec.gov/. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
PREFORMED LINE PRODUCTS COMPANY
STATEMENTS OF CONSOLIDATED OPERATIONS
(UNAUDITED)
Three month Twelve month
periods ended periods ended
In thousands, except per share data December 31, December 31,
2007 2006 2007 2006
Net sales $68,224 $51,765 $254,607 $216,937
Cost of products sold 47,913 35,639 171,544 147,132
GROSS PROFIT 20,311 16,126 83,063 69,805
Costs and expenses
Selling 6,715 5,611 25,504 22,483
General and administrative 8,801 6,481 27,902 23,828
Research and engineering 2,276 1,852 8,305 7,659
Other operating expenses
(income) - net 177 69 298 387
Asset impairment 199 - 199 -
18,168 14,013 62,208 54,357
Royalty income - net 338 330 1,825 1,334
OPERATING INCOME 2,481 2,443 22,680 16,782
Other income (expense)
Interest income 297 350 1,150 1,494
Interest expense (158) (165) (595) (564)
Other expense - net (283) (18) (305) (71)
(144) 167 250 859
INCOME BEFORE INCOME TAXES
AND MINORITY INTERESTS 2,337 2,610 22,930 17,641
Income taxes 739 566 8,110 5,538
INCOME BEFORE MINORITY
INTERESTS 1,598 2,044 14,820 12,103
Minority interests 30 - 54 -
NET INCOME $1,568 $2,044 $14,766 $12,103
Net income per share - basic $0.29 $0.38 $2.75 $2.16
Net income per share - diluted $0.29 $0.38 $2.72 $2.14
Cash dividends declared per share $0.20 $0.20 $0.80 $0.80
Weighted average number of shares
outstanding - basic 5,379 5,360 5,372 5,611
Weighted average number of shares
outstanding - diluted 5,430 5,405 5,422 5,660
In 2007 we adopted FASB Staff Position No. AUG AIR - 1 retrospectively.
Consequently for the three month period and twelve month period ended
December 31, 2006 net income increased by $12 and $43, respectively.
PREFORMED LINE PRODUCTS COMPANY
CONSOLIDATED BALANCE SHEETS
(UNAUDITED)
Thousands of dollars, except share December 31, December 31,
data 2007 2006
ASSETS
Cash and cash equivalents $23,392 $29,949
Accounts receivable, less allowances
of $1,718 ($1,209 in 2006) 40,079 30,029
Inventories - net 48,926 36,747
Deferred income taxes 3,192 1,415
Prepaids and other 4,542 2,504
TOTAL CURRENT ASSETS 120,131 100,644
Property and equipment - net 62,901 52,810
Patents and other intangibles - net 5,637 2,546
Goodwill - net 3,928 2,166
Deferred income taxes 3,685 6,258
Other assets 8,190 6,428
TOTAL ASSETS $204,472 $170,852
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable to banks $4,076 $3,738
Current portion of long-term debt 1,949 2,157
Trade accounts payable 16,083 11,606
Accrued compensation and amounts
withheld from employees 7,309 5,556
Accrued expenses and other
liabilities 13,866 10,022
TOTAL CURRENT LIABILITIES 43,283 33,079
Long-term debt, less current portion 3,010 2,204
Other non-current liabilities and
deferred income taxes 6,947 4,421
Minority interests 904 -
SHAREHOLDERS' EQUITY
Common shares - $2 par value,
15,000,000 shares authorized,
5,380,956 and 5,360,259
outstanding, net of 378,333
and 365,311 treasury shares
at par, respectively 10,762 10,721
Paid in capital 2,720 1,562
Retained earnings 140,946 131,949
Accumulated other comprehensive loss (4,100) (13,084)
TOTAL SHAREHOLDERS' EQUITY 150,328 131,148
TOTAL LIABILITIES AND
SHAREHOLDERS' EQUITY $204,472 $170,852
In 2007 we adopted FASB Staff Position No. AUG AIR - 1 retrospectively.
Consequently at December 31, 2006 retained earnings increased by $215,
accrued expenses decreased by $326 and deferred income taxes decreased
$111.
In 2007 we changed the classification of the portion of inventories not
expected to be sold within on year to non-current and included the amount
in other assets. The comparable amount at December 31, 2006 has been
reclassified accordingly.
Preformed Line Products Company
CONTACT: Eric R. Graef of Preformed Line Products, +1-440-473-9249
Web site: http://www.preformed.com/
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