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Companies news of 2008-03-06 (page 4)

  • ASE Test Announces Shareholders Meeting Date and Record Date
  • Baidu to Present at the Piper Jaffray & ChinaVenture Investment Conference 2008
  • Expedia.co.in Launches in IndiaOnline Travel Leader Continues Global Expansion, Extends...
  • STMicroelectronics' Automotive-Grade Application Processor Powers New Range of Navigation...
  • AU Optronics Corp. February 2008 Consolidated Revenue Totaled NT$42.5 Billion
  • Verizon Business Boosts European Security Capabilities by Appointing New Director of...
  • La première alliance d'intégration de systèmes au service de l'Europe des entreprises sur...
  • Everest Poker Secures Key Multi-year World Series of Poker(R) Agreement
  • Certicom Reports Results for Third Quarter of Fiscal 2008New CEO focusing on accelerating...



    ASE Test Announces Shareholders Meeting Date and Record Date

    TAIPEI, Taiwan, March 6 /Xinhua-PRNewswire-FirstCall/ -- ASE Test Limited (Nasdaq: ASTSF; TAIEX: 9101; "ASE Test"), a majority-owned subsidiary of Advanced Semiconductor Engineering, Inc. ("ASE Inc."), today announced that a meeting of shareholders is expected to be held on May 6, 2008, Singapore time, at a place and time to be announced, for the purpose of considering and voting on the proposed acquisition by ASE Inc. of the outstanding ordinary shares of ASE Test that ASE Inc. does not directly or indirectly own, by way of a scheme of arrangement under Singapore law (the "Scheme"). ASE Test shareholders (other than ASE Inc. and its affiliates) of record as of close of business on March 24, New York time, (the "Record Date"), will be entitled to vote at the meeting of shareholders.

    In connection with the Scheme, ASE Test and ASE Inc. jointly filed a transaction statement on Schedule 13E-3 with the U.S. Securities and Exchange Commission (the "SEC") on January 4, 2008, which includes as an exhibit the draft disclosure document to be sent to shareholders of ASE Test (the "Scheme Document"). ASE Test and ASE Inc. also jointly filed amendments to the Schedule 13E-3 with the SEC on January 14, 2008 and today, respectively. The final Scheme Document will be mailed to shareholders of ASE Test of record as of the Record Date. Shareholders of ASE Test are encouraged to read the Scheme Document, as it will contain important information regarding the Scheme.

    About ASE Test

    ASE Test is one of the world's largest independent providers of semiconductor testing services. It provides customers with a complete range of semiconductor testing services, including front-end engineering test, wafer probe, final test and other test-related services.

    The ordinary shares of ASE Test are quoted for trading on The NASDAQ Global Market under the symbol "ASTSF". ASE Test's Taiwan Depository Shares, which represent its ordinary shares, are listed for trading on the Taiwan Stock Exchange under the symbol "9101".

    The directors of ASE Test (including any director who may have delegated detailed supervision of this press release) have taken all reasonable care to ensure that the facts stated and opinions expressed in this press release are fair or accurate and that no material facts have been omitted from this press release and they jointly and severally accept responsibility accordingly.

    Forward-Looking Statements

    All statements other than statements of historical facts included in this press release are or may be forward looking statements. Forward-looking statements include but are not limited to those using words such as "seek", "expect", "anticipate", "estimate", "believe", "intend", "project", "plan", "strategy", "forecast" and similar expressions or future or conditional verbs such as "will", "would", "should", "could", "may" and "might". These statements reflect ASE Test's current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. Such forward-looking statements are not guarantees of future performance or events and involve known and unknown risks and uncertainties. Accordingly, actual results may differ materially from those described in such forward-looking statements. Shareholders and investors should not place undue reliance on such forward-looking statements, and ASE Test undertakes no obligation to update publicly or revise any forward-looking statements.

    For further information please contact: Ken Hsiang (CFO) Tel: +1-510-687-2475 Steve C. Balet MacKenzie Partners, Inc. (Proxy Solicitation Agent) Tel: +44-20-7170-4155

    ASE Test Limited

    CONTACT: Ken Hsiang, CFO of ASE Test, +1-510-687-2475, or
    ken_hsiang@aseglobal.com; Steve C. Balet of MacKenzie Partners, Inc. (Proxy
    Solicitation Agent) for ASE Test, +44-20-7170-4155

    Web site: http://www.asetest.com/




    Baidu to Present at the Piper Jaffray & ChinaVenture Investment Conference 2008

    BEIJING, March 6 /Xinhua-PRNewswire/ -- Baidu.com, Inc. , the leading Chinese language Internet search provider, today announced that Mr. Robin Li, Baidu's chairman and chief executive officer, will present at the Piper Jaffray & ChinaVenture Investment Conference 2008 at the JW Marriott Hotel at Tomorrow Square in Shanghai, China. The presentation is scheduled to take place at 9:20AM Beijing/Hong Kong Time on Tuesday, March 11th, 2008.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO ) About Baidu

    Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, currently trade on the NASDAQ Global Select Market under the symbol "BIDU".

    For more information, please contact: For investor inquiries please contact: Linda Sun Baidu.com, Inc. Tel: +86-10-8262-1188 x8246 Email: ir@baidu.com For investor and media inquiries please contact: China Helen Plummer Ogilvy Public Relations Worldwide (Beijing) Tel: +86-10-8520-3090 Email: helen.plummer@ogilvy.com US Thomas Smith Ogilvy Public Relations Worldwide (New York) Tel: +1-212-880-5269 Email: thomas.smith@ogilvypr.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO
    PRN Photo Desk, 888-776-6555 or 212-782-2840 Baidu.com, Inc.

    CONTACT: For investor inquiries please contact - Linda Sun of Baidu.com,
    Inc., +86-10-8262-1188 x8246, or ir@baidu.com; For investor and media
    inquiries please contact - China: Helen Plummer of Ogilvy Public Relations
    Worldwide (Beijing), +86-10-8520-3090, or helen.plummer@ogilvy.com; or US:
    Thomas Smith of Ogilvy Public Relations Worldwide (New York), +1-212-880-5269,
    or thomas.smith@ogilvypr.com, both for Baidu

    Web site: http://www.baidu.com/




    Expedia.co.in Launches in IndiaOnline Travel Leader Continues Global Expansion, Extends International Selection to Indian Travelers

    NEW DELHI, India, March 6 /PRNewswire-FirstCall/ -- Expedia, Inc. , the world's leading online travel company, today announced its entry into India with the launch of Expedia.co.in (http://www.expedia.co.in/). Expedia.co.in is the newest addition to Expedia, Inc.'s global portfolio and is the seventeenth Expedia(R) branded site. Its launch marks continued momentum for Expedia in its global expansion efforts, and further emboldens the company's leadership in the Asia-Pacific region.

    "The launch of Expedia India provides us an additional foothold as we continue to invest aggressively in Asia to match the enormous scale and potential of the region," said Dara Khosrowshahi, CEO, Expedia, Inc. "Our goal is to grow our international revenue to half of our total revenue, and burgeoning travel markets like India are key to achieving that goal."

    In 2007, Expedia, Inc.'s international revenue accounted for 32 percent of worldwide revenue, up from 28 percent in 2006. The online travel market in India is projected to have strong growth potential, and Expedia is looking to establish a leadership position in the market.

    Expedia.co.in has been designed specifically for Indian travelers, offering a global selection of nearly 80,000 hotels and over 3,000 attractions, with payment in Indian rupees. Expedia also provides fully localized service and an in-country customer care center staffed with dedicated agents who speak both Hindi and English.

    "As the number of Indians traveling abroad continues to grow, the strength of Expedia's international supply gives us an advantage over existing travel providers in the market," said Sharat Dhall, managing director, Expedia India. "We aim to be the International travel expert for Indians, who can now travel the world with confidence with Expedia.co.in."

    About Expedia, Inc.

    Expedia, Inc. is the world's leading online travel company, empowering business and leisure travelers with the tools and information they need to easily research, plan, book and experience travel. Expedia, Inc. also provides wholesale travel to offline retail travel agents and in-destination concierge service and activity desks for travelers. The Expedia, Inc. portfolio of brands includes: Expedia.com(R), hotels.com(R), Hotwire(R), Expedia(R) Corporate Travel, TripAdvisor(R), Expedia Local Expert(TM), Classic Vacations(R) and eLong(TM). Expedia, Inc.'s companies operate more than 50 global points of sale with sites in North America, South America, Latin America, Europe, Middle East, Africa and Asia Pacific. Expedia, Inc. is a component of the S&P 500 index. For more information, visit http://www.expediainc.com/ .

    Expedia and Expedia.com are either registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other countries. Classic Vacations is either a trademark or registered trademark of Classic Vacations, LLC in the U.S. and/or other countries. hotels.com is either a trademark or registered trademark of hotels.com, L.P., a subsidiary of hotels.com in the U.S. and/or other countries. Hotwire is either a trademark or registered trademark of Hotwire, Inc. in the U.S. and/or other countries. TripAdvisor is either a trademark or registered trademark of TripAdvisor, LLC in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners.

    (C) 2008 Expedia, Inc. All rights reserved. CST: 2029030-40

    Expedia, Inc.

    CONTACT: Katie Deines of Expedia, Inc., +1-425-679-4317,
    press@expedia.com

    Web site: http://www.expedia.com/
    http://www.expedia.co.in/
    http://www.expediainc.com/




    STMicroelectronics' Automotive-Grade Application Processor Powers New Range of Navigation Products from GarminST's Cartesio System-on-Chip combines host processing capability with GPS functionality for integration into wide range of Garmin portable navigation products

    GENEVA, March 6 /PRNewswire-FirstCall/ -- STMicroelectronics , a world leader in semiconductors for automotive applications, today announced that its Cartesio automotive-grade application processor System-on-Chip (SoC) with embedded GPS for navigation and telematics is to be implemented inside several products from Garmin. Among the world leaders in portable navigation products, Garmin is to integrate the ST Cartesio processor in a range of navigation systems, including the new nuvi 205.

    Leading PND makers have begun to design products that use System-on-Chip solutions that combine host processing capability with GPS functionality, rather than implement the processor and GPS as discrete functions. This approach, which improves function and reliability, is increasingly gaining penetration in the portable navigation market, and is expected to be used in more than 40% of all the PNDs shipped in 2008, with even faster growth expected in 2009 and 2010.

    According to iSuppli, ST is the leading producer of semiconductors for Car Infotainment and a top-three chip supplier to the automotive industry. Building on ST's indisputable strengths in automotive technologies and applications, the new Cartesio processor was designed to meet the specific and rigorous demands for quality and reliability in the automotive market. The SoC addresses a large variety of applications in the automotive segment, including OEM and portable navigation devices, vehicle tracking systems, electronic fee collection, and advanced car radio.

    The Cartesio SoC is a derivative of ST's leading-edge Nomadik(R) application processor platform, and takes full advantage of Nomadik's world-class audio/visual capabilities for infotainment applications. The Nomadik platform is also used by some of the world's leading cell phone makers and mobile multimedia consumer manufacturers to develop smart phones, mobile TV products, and feature-rich portable multimedia devices and players.

    "This adoption of Cartesio by Garmin, a world leader in portable navigation, is a testament to ST's ability to deliver cutting-edge car infotainment solutions that meet automotive quality standards," said Domenico Rossi, General Manager of ST's Car Radio and Multimedia Division. "Cartesio is currently one of the most integrated solutions on the navigation and telematics market, providing high performance, while also meeting the cost and space constraints demanded by leading automotive OEMs."

    About Cartesio -- Further technical information

    ST's Cartesio (part number -- STA2062) integrates a powerful 32-bit ARM CPU core with a high-sensitivity 32-channel GPS subsystem and a powerful set of connectivity peripherals, including CAN, USB, UARTs, and SPI. It also provides on-chip high-speed RAM and real-time clock functionality. While the Cartesio processor can work with other GPS RF products, it perfectly couples with ST's STA5620 GPS RF chip creating a unique offering that significantly reduces the form factor and bill-of-materials with no compromise in performance. The STA2062 is housed in 16 x 16 x 1.4 mm LFBGA packages with a 0.8mm ball pitch to comply with the automotive industry assembly requirements.

    About STMicroelectronics

    STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2007, the Company's net revenues were $10 billion. Further information on ST can be found at http://www.st.com/.

    Nomadik is a registered trademark of STMicroelectronics

    STMicroelectronics

    CONTACT: Michael Markowitz of STMicroelectronics, +1-212-821-8959,
    michael.markowitz@st.com

    Web site: http://www.st.com/




    AU Optronics Corp. February 2008 Consolidated Revenue Totaled NT$42.5 Billion

    HSINCHU, March 6 /Xinhua-PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced February 2008 revenue with preliminary consolidated revenue of NT$42,474 million and unconsolidated revenue of NT$42,426 million; both representing a sequential decrease of 9.8%. On a year-over-year comparison, consolidated and unconsolidated February 2008 revenues increased by 87.2% and 87.1% respectively.

    Despite Chinese New Year holidays and less working days in February, shipments of large-sized panels(a) used in desktop monitor, notebook PC, LCD TV and other applications for February 2008 totaled 6.77 million units with a mild sequential decrease of 6.6%. However, shipments of small-and-medium-sized panels posted a 2.6% M-o-M increase to 12.18 million units.

    (a) Large-size refers to panels that are 10 inches and above in diagonal measurement while small- and medium-size refers to those below 10 inches Sales Report: (Unit: NT$ million) Net Sales(1)(2) Consolidated(3) Unconsolidated February 2008 42,474 42,426 January 2008 47,097 47,052 M-o-M Growth (9.8%) (9.8%) February 2007 22,690 22,674 Y-o-Y Growth 87.2% 87.1% Jan to Feb 2008 89,571 89,478 Jan to Feb 2007 51,148 51,128 Y-o-Y Growth 75.1% 75.0% (1) All figures are prepared in accordance with generally accepted accounting principles in Taiwan. (2) Monthly figures are unaudited, prepared by AU Optronics Corp. (3) Consolidated numbers include AU Optronics Corp., AU Optronics(L) Corporation, AU Optronics (Suzhou) Corporation, AU Optronics (Shanghai) Corporation, Tech - Well (Shanghai) Display Co., AU Optronics (Xiamen) Corp., Darwin Precisions (L) Corp. and Toppan CFI (Taiwan) Co, Ltd. ABOUT AU OPTRONICS

    AU Optronics Corp. ("AUO") is the world largest manufacturer* of large-size thin film transistor liquid crystal display panels ("TFT-LCD"), with approximately 20.3%* of global market share with revenues of NT$480.2 billion (US$14.81billion)* in 2007. TFT-LCD technology is currently the most widely used flat panel display technology. Targeted for 40"+ sized LCD TV panels, AUO's new generation (7.5-generation) fabrication facility production started mass production in the fourth quarter of 2006. The Company currently operates one 7.5-generation, two 6th-generation, four 5th-generation, one 4th- generation, and four 3.5-generation TFT- LCD fabs, in addition to eight module assembly facilities and the AUO Technology Center specializes in new technology platform and new product development. AUO is one of few top-tier TFT-LCD manufacturers capable of offering a wide range of small- to large- size (1.5"-65") TFT-LCD panels, which enables it to offer a broad and diversified product portfolio.

    * DisplaySearch 4Q2007 WW Large-Area TFT-LCD Shipment Report dated Jan 23, 2008. This data is used as reference only and AUO does not make any endorsement or representation in connection therewith. 2007 year end revenue converted by an exchange rate of NTD32.43:USD1. For more information, please contact: Rose Lee Corporate Communications Dept AU Optronics Corp Tel: +886-3-5008899 x3204 Fax: +886-3-5772730 Email: rose.lee@auo.com Yawen Hsiao Corporate Communications Dept. AU Optronics Corp. Tel: +886-3-5008899 ext 3211 Fax: +886-3-5772730 Email: yawen.hsiao@auo.com

    AU Optronics Corp.

    CONTACT: Rose Lee, Corporate Communications Dept, AU Optronics Corp.
    +886-3-5008899 ext 3204, or fax, +886-3-5772730, or rose.lee@auo.com;
    Yawen Hsiao, Corporate Communications Dept., AU Optronics Corp.,
    +886-3-5008899 ext 3211, or fax, +886-3-5772730, or yawen.hsiao@auo.com

    Web site: http://www.auo.com/




    Verizon Business Boosts European Security Capabilities by Appointing New Director of Professional Services

    READING, England, March 6 /PRNewswire/ --

    - Industry Expert Will Focus on Delivery of Security Solutions

    Verizon Business has appointed John Madelin as director of professional services for its EMEA Security Solutions practice. In this key role, Madelin will focus on enhancing the company's delivery of security solutions to Verizon Business' enterprise and government customers in the region.

    Madelin has 15 years of experience in a variety of senior roles in the security field, including expertise in network security, cryptography and identity management. Before joining Verizon Business, Madelin headed up BT's UK business continuity, security and governance practice. He was previously commercial vice president EMEA at Entrust Technologies, and director of corporate and business development at RSA Security.

    "We are extremely pleased to welcome an executive of John's calibre to our team," commented Kerry Bailey, vice president, Verizon Business Security Solutions. "John is a well-known and respected figure in the security industry, and will play a critical role in consolidating our professional service expertise to support the evolving security needs of our customers."

    Madelin said, "This is an exciting time to be joining Verizon Business. Developing effective security strategies for the extended enterprise environment is a critical concern for C-level executives in both public and private companies. As recent high-profile security breaches demonstrate, the penalties for getting it wrong can be very high. Verizon Business Security Solutions has a unique combination of security expertise and network knowledge, and I look forward to helping the team deliver these benefits to enterprise and government security customers."

    Madelin is a sought-after speaker on the strategic implications of network security and identity management, and is a founder member of the AXIS forum, a network of C-level executives engaged in understanding the enabling implications of security technology. He is also a member of the Institute of Information Security Professionals.

    Verizon Business Security Solutions offers a comprehensive portfolio of security services that includes threat and vulnerability management, identity management, security and compliance programs, and security strategy and consultation. More than 1,100 security professionals around the globe deliver these offerings through a range of managed services, professional services and products.

    About Verizon Business

    Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a leading provider of advanced communications and information technology (IT) solutions to large-business and government customers worldwide. Combining unsurpassed global network reach with advanced communications, security and other professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit www.verizonbusiness.com.

    Web site: http://www.verizon.com http://www.verizonbusiness.com

    Verizon Business

    Jo Perrin, +44-770-252-5868, jo.perrin@verizonbusiness.com; Company News On-Call: http://www.prnewswire.com/comp/618232.html




    La première alliance d'intégration de systèmes au service de l'Europe des entreprises sur le plan mondial

    FRANCFORT/MAIN, Allemagne et TEANECK, New Jersey, March 6 /PRNewswire/ --

    - T-Systems et Cognizant joignent leurs forces pour développer leurs activités de façon dynamique

    La division clients d'entreprise de Deutsche Telekom, T-Systems, et le fournisseur international de services TI, Cognizant (Nasdaq : CTSH), ont annoncé aujourd'hui la mise en place d'une véritable alliance mondiale d'intégration de systèmes. L'alliance vise principalement à offrir aux entreprises européennes ayant des exigences de remise mondiale pour des services d'intégration de système. Ce partenariat unique, entre une entreprise robuste TI de livraison internationale et un géant européen, devrait permettre aux clients de tirer profit des avantages de la livraison mondiale.

    Le partenariat associe l'expertise sur site et à l'étranger de T-Systems et Cognizant à travers les segments de l'industrie avec une empreinte géographique améliorée, une plus large gamme d'offres de services et d'un plus grand accès aux meilleurs talents mondiaux. Cette nouvelle alliance devrait attirer une base de talents combinée de plus de 110 000 employés dans le monde, dont plus de 40 000 travaillant à l'étranger. Les activités étendues dans des endroits géographiques clés, tels l'Europe, les Amériques et l'Asie, devraient augmenter considérablement la croissance des deux sociétés. Dans le cadre de ce nouveau partenariat commercial, T-Systems India et ses 1150 employés environ devraient être transférés à Cognizant, dans le cadre d'une autorisation réglementaire appropriée.

    En exploitant les atouts sur site, locaux et à l'étranger de T-Systems et Cognizant, le partenariat facilitera l'adoption d'un modèle de livraison de services mondiaux à l'échelle de l'Europe et au-delà permettant aux clients d'économiser au niveau des coûts à travers l'arbitrage collectif et entraîner la transformation de l'activité et l'innovation à travers un front-end robuste, profondément ancré dans l'environnement commercial local. Les deux sociétés offriront à leurs clients la synergie entre la puissance commerciale locale, culture d'entreprise, capacités de langage et philosophie de fonctionnement, et des ressources internationales.

    << Cette nouvelle alliance fera de la livraison internationale une réalité en Europe. Nous sommes, stratégiquement, les premiers à donner à nos clients un accès sans précédent à un nouveau modèle de service et de livraison >>, affirme Reinhard Clemens, membre du comité de direction pour les clients d'entreprise chez Deutsche Telekom et PDG de T-Systems. Jusqu'à présent, soit la concurrence occidentale a tenté d'intégrer des effectifs extraterritoriaux acquis de niveau 2, soit des fournisseurs indiens se sont efforcés de pénétrer sur les nouveaux marchés de l'Europe continentale. << Notre nouvelle alliance présentera de nouvelles occasions, et renforcera considérablement la rentabilité de T-Systems en offrant aux deux partenaires une position plus forte dans les secteurs verticaux clés. Elle rassemblera également de grands talents de Cognizant et T-Systems, amenant notre activité d'intégration à être plus vigoureuse dans ses plans de développements >>, ajoute M. Clemens.

    << En partenariat, nous pouvons fournir des services TI mondiaux véritablement uniques, en regroupant nos forces complémentaires dans le but d'accroître considérablement la valeur fournie aux clients >>, explique Francisco D'Souza, PDG de Cognizant. << Cognizant et T-Systems possèdent toutes deux un long héritage de partenariats avec des clients et nos capacités conjointes offriront une combinaison puissante d'étendue et d'agilité sur des marchés clés desservis par les deux sociétés. Nous espérons également accueillir les employés de T-Systems en Inde au sein de la famille Cognizant. Nous pensons que cette alliance offrira à nos clients communs une combinaison de calibre international disposant d'une connaissance locale approfondie et d'une plateforme de livraison internationale leader du marché. >>

    A propos de T-Systems

    T-Systems bénéficie d'une forte position sur le marché européen des services TIC, en particulier dans les services d'infrastructure (tels que l'externalisation de centres de données et de bureau, les services mondiaux de voix, données et IP), ainsi que dans le développement des applications, la gestion des applications et les services d'intégration de système. La vision de T-Systems consiste à intégrer de façon homogène les services TI et de télécommunications pour la vie et le travail connectés. Avec plus de 56 000 employés et 12 milliards d'euros de recettes en 2007, T-Systems est le leader incontesté des services TI en Allemagne, la plus importante économie d'Europe, et numéro deux en Europe. La société possède une forte clientèle dans le secteur automobile mondial, regroupée autour de grands équipementiers clés, ainsi que dans les secteurs publics et les industries manufacturières de l'Union Européenne.

    A propos de Cognizant

    Cognizant (Nasdaq : CTSH) est un fournisseur leader de services d'externalisation en matière de technologie de l'information, de consultance et de processus métier. La passion tenace de Cognizant consiste à dédier notre technologie mondiale et notre savoir-faire d'innovation, notre expertise dans le secteur et nos ressources mondiales à travailler ensemble avec les clients pour renforcer leurs activités. Avec plus de 35 centres de livraison mondiales et plus de 55 000 employés au 31 décembre 2007, nous combinons un modèle de livraison sur site/extraterritorial, infusé par une culture distincte de la satisfaction du client. Membre de l'indice NASDAQ-100 et de l'indice S&P Index, Cognizant est une société du classement Forbes Global 2000 et est classée parmi les plus grandes sociétés de technologie de l'information par BusinessWeek Info Tech 100, Hot Growth et Top 50 Performers. Vous pouvez consulter notre site Web au www.cognizant.com.

    Enoncés prospectifs

    Ce communiqué de presse contient des énoncés pouvant constituer des énoncés prospectifs formulés conformément aux règles refuges de la loi Private Securities Litigation Reform Act de 1995, dont la précision est nécessairement soumise à des risques, des incertitudes et des hypothèses concernant les événements futurs qui pourraient s'avérer incorrects. Les facteurs susceptibles d'entraîner des écarts considérables entre les résultats réels et ceux exprimés ou implicites comprennent la conjoncture économique générale et les facteurs décrits dans le formulaire 10-K le plus récent et d'autres documents déposés auprès de la Securities and Exchange Commission. Cognizant ne s'engage pas à de mettre à jour ou réviser ces énoncés prospectifs, que ce soit suite à de nouvelles informations, événements futurs ou autres.

    Site Web : http://www.cognizant.com http://www.t-systems.com/presscenter

    Cognizant

    T-Systems, +49-69-66531-126, presse@t-systems.com; ou Kirsten Paragona, Directrice, Relations avec les médias de l'entreprise chez Cognizant, +1-978-356-3342, Kirsten.paragona@cognizant.com; ou Relations avec les investisseurs, Scot Hoffman de Financial Dynamics, +1-212-850-5617, scot.hoffman@fd.com, pour Cognizant




    Everest Poker Secures Key Multi-year World Series of Poker(R) Agreement

    High Brand Visibility at World's No. 1 Tournament

    HONG KONG, March 5 /Xinhua-PRNewswire-FirstCall/ -- GigaMedia Limited announced today that its acclaimed Everest Poker offering has secured a key multi-year promotional agreement with the world's largest and most prestigious poker tournament -- the World Series of Poker.

    The World Series of Poker (WSOP(R)) is the world's premier poker event, with over 50,000 participants from around the world competing for a prize pool of over US$150 million -- all in front of a broadcast audience of over 350 million households worldwide during over 2700 broadcast hours.

    Everest Poker is one of the world's most popular poker sites, and was named Poker Operation of the Year in 2007 by industry journal e-Gaming Review.

    Under the terms of the deal announced today, Everest Poker will be the sole poker related table sponsor of the WSOP and will enjoy a prominent logo position on the "felt" on every table in the competition -- as well as exclusive brand positioning on the coveted "inner-rung" of the championship table.

    The alliance also includes other prominent on-site visibility at the WSOP, including hanging banners and barricade logos.

    "We are very pleased to have Everest Poker join the World Series of Poker family," said WSOP Commissioner Jeffrey Pollack. "Everest Poker is one of the leading poker brands in Europe and around the world and will help strengthen our own brand even further."

    "We are very proud, very excited for Everest Poker to be the sole poker related table sponsor of the World Series of Poker, one of the greatest championship events in the world," stated GigaMedia Chief Executive Officer Arthur Wang. "We plan to bring our large international player base to the WSOP to make it an even greater event -- in partnership with Everest Poker."

    The WSOP is operated by a subsidiary of Harrah's, the world's largest provider of branded casino entertainment. The 2008 WSOP will start on May 30 in Las Vegas, with an exciting line-up of 55 different events. More information on the WSOP is available at http://www.worldseriesofpoker.com/ .

    Everest Poker is exclusively powered by GigaMedia software. Everest's innovative suite of world-class poker offerings include tutorials, training rooms and a strong support services, all fully localized in 15 languages, more than any other offering. More information on Everest Poker is available at http://www.everestpoker.com/ .

    About GigaMedia

    GigaMedia Limited (Singapore registration number: 199905474H) is a major provider of online entertainment software and services. GigaMedia develops and licenses software for online gaming. GigaMedia also operates online games businesses including FunTown, a leading Asian casual games portal in Taiwan and the world's largest online MahJong game site in terms of revenue, and T2CN, a leading online sports game operator in China. More information on GigaMedia can be obtained from http://www.gigamedia.com.tw/ .

    The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the Company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in June 2007.

    For further information contact: Brad Miller, Investor Relations Director Tel: +886-2-3518-1107 Email: brad.miller@gigamedia.com.tw

    GigaMedia Limited

    CONTACT: Brad Miller of GigaMedia Limited, +886-2-2656-8016, or
    brad.miller@gigamedia.com.tw

    Web site: http://www.gigamedia.com.tw/
    http://www.everestpoker.com/
    http://www.worldseriesofpoker.com/




    Certicom Reports Results for Third Quarter of Fiscal 2008New CEO focusing on accelerating ECC adoption and improving company performanceHighlights for the Quarter:- Karna Gupta appointed new Chief Executive Officer- Bally Technologies licensed Certicom technology for gaming security- Texas Instruments licensed Certicom's ECC technology for improved security in next-generation government-issued identification documents- Kilopass and Certicom form partnership for delivery of security for digital content protection- IdentiPHI licensed Certicom's ECC technology for new security products for businesses and government agencies- Certicom's Suite B Power Bundle selected to support Cavium Networks' processors- Certicom Device Certificate Authority launched to benefit high-volume device manufacturersSubsequent to Quarter End:- Aristocrat Technologies licensed Certicom technology for gaming security

    MISSISSAUGA, ON, March 5 /PRNewswire-FirstCall/ -- Certicom Corp. (TSX: CIC) ("Certicom" or the "Company") today reported results for the third quarter of fiscal 2008 ended January 31, 2008. All figures are in U.S. dollars and in accordance with Canadian Generally Accepted Accounting Principles (GAAP) except where otherwise noted.

    Revenue for the quarter was $6.1 million compared to $4.3 million for the third quarter of fiscal 2007. For the first nine months of fiscal 2008, revenue was $13.1 million, compared to $14.8 million in the first nine months of fiscal 2007.

    "Our third quarter revenue included a one-time year-end payment for a customer contract, which can occur from time to time due to the nature of our business," said Karna Gupta, Chief Executive Officer.

    Mr. Gupta continued, "Going forward, we will have a sharper focus on select market segments and will also concentrate on expanding our efforts in high-potential geographic markets outside North America. While we are not satisfied with our year-to-date performance, we are encouraged by the strength and quality of our pipeline of opportunities and are absolutely committed to significantly enlarging this pipeline."

    Third Quarter Financial Review

    Operating expenses(1) for the quarter were $5.1 million, compared to $4.7 million in the third quarter of fiscal 2007. The increase in year-over-year operating expenses was mainly due to legal expenses related to the Sony litigation. However, these operating expenses were lower than the guidance given in the previous quarter due to lower-than-expected litigation expenses, which totaled $0.3 million, and generally lower level spending during the quarter. The Company posted a net loss on a GAAP basis of $0.2 million, or $0.00 per basic and diluted share for the quarter, compared to a net loss of $1.3 million, or $0.03 per basic and diluted share in the third quarter of fiscal 2007.

    The Company reports that recurring revenue for the third quarter was $2.0 million, consistent with $2.2 million in the third quarter of fiscal 2007.

    Certicom had $38.6 million in cash(2) at quarter-end compared to $43.2 million at year-end fiscal 2007 and $44.3 million at January 31, 2007. The Company has no debt.

    Nine-Month Financial Review

    Operating expenses(1) for the first nine months of fiscal 2008 were $15.8 million, compared to $13.8 million for the same period last year. The increase in year-over-year operating expenses was mainly due to legal expenses related to the Sony litigation, which totaled $1.1 million for the nine-month period, and a planned increase in development resources specifically related to new product initiatives.

    For the first nine months of fiscal 2008, the Company posted a net loss on a GAAP basis of $6.4 million, or $0.15 per basic and diluted share, compared to a net loss of $1.9 million, or $0.05 per basic and diluted share, for the same period last year.

    Sony Patent Infringement Litigation

    Certicom is currently progressing through the broad discovery phase of the litigation case, which requires both parties to provide specific documentation. Management is pleased that the claims construction hearing of the litigation case (known as a Markman hearing) has been set for June 11, 2009 and the trial date has been set for September 8, 2009.

    The Company remains confident of its legal position and ability to pursue this litigation to a successful conclusion.

    Outlook

    "I am excited to have joined Certicom at a pivotal time in the company's history," said Mr. Gupta. "Certicom has strong and scalable core assets, including leading-edge technology and a dedicated team of professionals. We intend to accelerate the development of complete security solutions tailored to our highest-potential market segments."

    Mr. Gupta continued, "We clearly acknowledge that we must improve performance and are reviewing all company activities with an eye to increasing revenue and cost efficiencies. An extensive review of our three-year strategic plan will be conducted over the next few months and we will share the plan's highlights with our shareholders once the review is complete."

    Management will focus on leveraging Certicom's global leadership position in ECC to build recurring revenue and profits. The Company continues to aggressively manage expenses to achieve a cost structure that is in line with revenue, a strategy that is key to achieving Certicom's goal of sustainable, profitable growth.

    Operating expenses(1) for the fourth quarter of fiscal 2008, excluding cost of revenue, depreciation and amortization, and stock-based compensation, are expected to range from $5.2 to $5.6 million, including estimated legal expenses associated with intellectual property protection ranging from $0.5 to $0.8 million.

    Conference Call ------------------------------------------------------------------------- Conference Call and Webcast March 6, 2008, 10 a.m. ET (7 a.m. PT) ------------------------------------------------------------------------- Participant Numbers 416-644-3423 or 1-800-731-5319 -------------------------------------------------------------------------

    The conference call will be webcast live with supporting slides and subsequently archived at http://www.certicom.com/. To listen to the webcast, participants will require Windows Media Player(TM) which can be downloaded from Certicom's website prior to the event. An archived recording will be available from 12 p.m. (ET) on March 6 until 12 a.m. (ET) on March 13, 2008. To access the archive, please call 416-640-1917 or 1-877-289-8525 and enter passcode 21263240, followed by the number sign.

    About Certicom

    Certicom protects the value of content, applications and devices with government-approved security. Adopted by the National Security Agency (NSA) for government communications, Elliptic Curve Cryptography (ECC) provides the most security per bit of any known public-key scheme. As the global leader in ECC, Certicom security offerings are currently licensed to more than 300 customers including General Dynamics, Motorola, Oracle, Research In Motion and Unisys. Founded in 1985, Certicom's corporate offices are in Mississauga, Ontario, Canada with worldwide sales and marketing headquarters in Reston, Virginia and offices in the U.S., Canada, Europe and China. Visit http://www.certicom.com/

    ENDNOTES: (1) This news release contains references to operating expenses. Certicom defines operating expenses as total operating expenses excluding cost of revenues, depreciation and amortization and stock-based compensation. It also excludes interest income, other income (expense) and withholding tax expense. --------------------------------------- Three months ended Nine months ended ------------------ ----------------- January 31, January 31, 2008 2007 2008 2007 --------------------------------------- Sales and marketing $ 1,955 $ 2,205 $ 5,950 $ 6,576 Product development and engineering 1,753 1,562 5,162 4,335 General and administrative 1,381 972 4,683 2,873 --------- --------- --------- --------- Total operating expenses $ 5,089 $ 4,739 $ 15,795 $ 13,784 --------- --------- --------- --------- --------- --------- --------- --------- (2) This news release contains references to cash, which is defined as cash and cash equivalents, short term and long term marketable securities and restricted cash. January 31, April 30, 2008 2007 Cash and cash equivalents $ 5,015 $ 3,397 Marketable securities 22,891 26,752 Long-term marketable securities 10,684 13,013 ------------------- Total Cash $ 38,590 $ 43,162 -------------------

    Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Forward-looking information includes information concerning the Company's future financial performance, business strategy, plans, goals and objectives. When used in such documents, the words "plans", "expects", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "will", "believes" or variations of such words and phrases often, but not always, identify forward looking statements. Factors which could cause actual results or events to differ materially from current expectations include, among other things: the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits; the ability of the Company to develop, promote and protect its proprietary technology security breaches or defects in the Company's products; competitive conditions in the businesses in which the Company participates; changes in consumer spending; the outcome of legal proceedings as they arise; general economic conditions and normal business uncertainty; consolidation in the Company's industry and by its customers; customer preferences towards product offerings; the risk that customers may cancel their contracts with the Company; reliance on a limited number of customers; demand for ECC-based technology; performance of the Company's management team and the Company's ability to attract and retain skilled employees; operating the Company's business profitably; fluctuations in revenue and foreign currency exchange rates; interest rate fluctuations and other changes in borrowing costs; the ability to develop and maintain strategic relationships; and other factors identified under the heading "Risk Factors" in the Company's annual information form dated July 26, 2007 and filed on SEDAR at http://www.sedar.com/.

    While the Company believes that its forecasts and assumptions are reasonable, results or events predicted in this forward-looking information may differ materially from actual results or events. In particular but without limitation, there is no assurance that the Company will achieve all or a portion of the goals outlined in its fiscal 2008 business plan within the time limits specified therein or at all.

    CERTICOM CORP. CONSOLIDATED BALANCE SHEETS (In thousands of U.S. dollars) CANADIAN GAAP January 31, April 30, 2008 2007 ----------- --------- (Unaudited) (Audited) ASSETS Current assets: Cash and cash equivalents.......................... $ 5,015 $ 3,397 Marketable securities.............................. 22,891 26,752 Accounts receivable, net........................... 4,353 6,008 Unbilled receivables............................... 399 559 Prepaid expenses and other current assets.......... 664 758 --------- --------- Total current assets............................. 33,322 37,474 Long-term marketable securities...................... 10,684 13,013 Property and equipment, net.......................... 1,227 1,250 Patents, net......................................... 2,703 2,222 Other assets......................................... 24 24 --------- --------- Total assets..................................... $ 47,960 $ 53,983 --------- --------- --------- --------- LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable................................... $ 1,050 $ 2,170 Accrued liabilities................................ 2,401 2,878 Deferred revenue................................... 1,744 3,378 Obligation under capital lease..................... 18 - Current portion of lease inducements............... 52 52 --------- --------- Total current liabilities........................ 5,265 8,478 Other long-term payables............................. 463 491 Obligation under capital lease, long term............ 35 - Lease inducements, net of current portion............ 48 87 --------- --------- Total liabilities................................ 5,811 9,056 Shareholders' equity: Share capital (Note 5)............................. 38,621 36,514 Contributed surplus................................ 8,411 7,044 Retained earnings (deficit)........................ (5,005) 1,369 Accumulated other comprehensive income (Note 2).... 122 - --------- --------- Total shareholders' equity....................... 42,149 44,927 --------- --------- Total liabilities and shareholders' equity....... $ 47,960 $ 53,983 --------- --------- --------- --------- CERTICOM CORP. CONSOLIDATED STATEMENTS OF OPERATIONS AND RETAINED EARNINGS (DEFICIT) (In thousands of U.S. dollars, except number of shares and per share data) (Unaudited) CANADIAN GAAP Three months ended Nine months ended January 31, January 31, 2008 2007 2008 2007 --------- --------- --------- --------- Revenues: Product and intellectual property...................... $ 4,409 $ 2,774 $ 7,460 $ 10,155 Services....................... 1,671 1,485 5,626 4,688 --------- --------- --------- --------- Total revenues............... 6,080 4,259 13,086 14,843 Cost of revenues: Product and intellectual property...................... - 73 12 141 Services....................... 826 439 2,430 1,548 --------- --------- --------- --------- Total cost of revenues....... 826 512 2,442 1,689 --------- --------- --------- --------- Gross margin..................... 5,254 3,747 10,644 13,154 Operating expenses: Sales and marketing............ 1,955 2,205 5,950 6,576 Product development and engineering............... 1,753 1,562 5,162 4,335 General and administrative..... 1,381 972 4,683 2,873 Depreciation and amortization.. 356 290 994 852 Stock-based compensation....... 475 440 1,686 1,272 --------- --------- --------- --------- Total operating expenses..... 5,920 5,469 18,475 15,908 --------- --------- --------- --------- Loss from operations............. (666) (1,722) (7,831) (2,754) Other income: Interest income................ 461 559 1,447 1,345 Interest expense and other, net........................... 31 5 29 (29) --------- --------- --------- --------- Total other income........... 492 564 1,476 1,316 --------- --------- --------- --------- Loss before provision for income taxes.................... (174) (1,158) (6,355) (1,438) Provision for income taxes..... - 109 19 486 --------- --------- --------- --------- Net loss for the period.......... $ (174) $ (1,267) $ (6,374) $ (1,924) Retained earnings (deficit), beginning of period............. (4,831) 3,845 1,369 4,502 --------- --------- --------- --------- Retained earnings (deficit), end of period................... $ (5,005) $ 2,578 $ (5,005) $ 2,578 --------- --------- --------- --------- --------- --------- --------- --------- Basic and diluted net loss per share (Note 3).............. $ 0.00 $ (0.03) $ (0.15) $ (0.05) --------- --------- --------- --------- --------- --------- --------- --------- Shares used in basic and diluted net loss per share calculations (Note 3)........... 43,669 42,615 43,545 41,082 --------- --------- --------- --------- --------- --------- --------- --------- CERTICOM CORP. CONSOLIDATED STATEMENTS OF COMPREHENSIVE GAIN (LOSS) (In thousands of U.S. dollars) (Unaudited) CANADIAN GAAP Three months ended Nine months ended January 31, January 31, 2008 2007 2008 2007 --------- --------- --------- --------- Net income (loss) for the period.................. $ (174) $ (1,267) $ (6,374) $ (1,924) Other comprehensive income: Net unrealized gain on derivatives designated as cash flow hedges........... (1,275) - (218) - --------- --------- --------- --------- Comprehensive gain (loss)........ $ (1,449) $ (1,267) $ (6,592) $ (1,924) --------- --------- --------- --------- --------- --------- --------- --------- CERTICOM CORP. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands of U.S. dollars) (Unaudited) CANADIAN GAAP Three months ended Nine months ended January 31, January 31, 2008 2007 2008 2007 --------- --------- --------- --------- Cash flows from operating activities: Net loss....................... $ (174) $ (1,267) $ (6,374) $ (1,924) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation and amortization................ 356 290 994 852 Stock-based compensation..... 475 440 1,686 1,272 Amortization of lease inducements................. (13) (13) (39) (39) Changes in operating assets and liabilities: Accounts receivable and unbilled receivables, net.......... (997) 1,824 1,815 (298) Prepaid expenses and other assets.............. 168 46 216 (37) Account payable............ (823) (152) (1,120) (36) Accrued liabilities........ 476 (235) (477) (457) Deferred revenue........... (955) (634) (1,634) (636) Obligation under capital lease............. 53 - 53 - Other payables............. - - (28) 32 --------- --------- --------- --------- Net cash provided by (used in) operating activities.............. (1,434) 299 (4,908) (1,271) Cash flows from investing activities: Purchase of property and equipment................. (171) (240) (604) (763) Purchase of patents............ (194) (233) (848) (590) Net maturity of marketable securities.................... 4,004 3,809 6,190 (15,596) --------- --------- --------- --------- Net cash provided by (used in) investing activities.................. 3,639 3,336 4,738 (16,949) Cash flows from financing activities: Proceeds from issuance of common stock, net.......... 3 83 2,094 22,215 Common shares repurchased (Note 5)...................... - - (306) - --------- --------- --------- --------- Net cash provided by financing activities........ 3 83 1,788 22,215 Effect of exchange rate on cash and cash equivalents....... - - - (44) --------- --------- --------- --------- Net increase (decrease) in cash and cash equivalents....... 2,208 3,718 1,618 3,951 Cash and cash equivalents, beginning of period............. 2,807 2,277 3,397 2,044 --------- --------- --------- --------- Cash and cash equivalents, end of period................... $ 5,015 $ 5,995 $ 5,015 $ 5,995 --------- --------- --------- --------- --------- --------- --------- ---------

    Certicom Corp.

    CONTACT: Investors and Financial Analysts: Herve Seguin, Chief Financial
    Officer, Certicom Corp., (905) 501-3827, hseguin@certicom.com; Media: John
    Callahan, Director, Public Relations & Marketing Communications, Certicom
    Corp., (703) 234-2357, jcallahan@certicom.com; http://www.certicom.com/

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