Companies news of 2008-03-18 (page 2)
Cablevision Makes It Easy for Customers with High-Definition Television Sets to Experience...
Aon eSolutions Successfully Completes SAS 70 Type II ExaminationRigorous internal controls...
$250,000 Verizon Grant Will Help Create Greater Opportunities for California's...
Microsoft and Intel Launch Parallel Computing Research Centers to Accelerate Benefits to...
DST Streamlines Direct-to-Fund Account Set-UpWeb Services Interface Designed to Eliminate...
Verizon Wireless Expands Coverage in Southern WisconsinResidents of Walworth, Jefferson...
Construction Project Management Software From Meridian Named as Constructech Top...
Nickelodeon/MTVN Kids and Family Group Serves Up More Gaming Across Its Digital Properties...
California Micro Devices to Present WLCSP Paper and Host Panel at IMAPS in Scottsdale
comScore 'Digital World: State of the Internet' Report Highlights Growth in Emerging...
MyStarU.com Sells Three Master Franchise Licenses
California Micro Devices to Present WLCSP Paper and Host Panel at IMAPS in ScottsdaleCMD...
comScore 'Digital World: State of the Internet' Report Highlights Growth in Emerging...
CooperVision Increases Network Performance While Reducing Costs With Time Warner Telecom's...
eMoney Advisor and Blue Frog Solutions Form Strategic PartnershipClients will Receive...
Imperium Romanum Finally Reaches American ShoresRe-live Rome's Golden Era In The Highly...
Superstar Performances Added to the Line-Up for the '2008 CMT MUSIC AWARDS'Additional...
Western & Southern Life Chooses SUSE Linux Enterprise From NovellWestern & Southern saved...
Global Gaming and Entertainment Web Site Wins Greater Security with Novellbwin automates...
Novell Approaches 6,000 Customers for Its Identity and Security Management SolutionsLarge...
Sesame Workshop Welcomes Novell to the NeighborhoodNovell helps non-profit educational...
StratoComm Briefs FAA for First Stratospheric Flight
TAT Technologies Ltd. Announces That it has Been Informed by its Controlling Shareholder,...
ROO Group Signs LOI to Acquire KameraAdvance Payment of $300,000
On The Go Healthcare Sells VAR Business to Wireless and Internet Space Development Leader...
Veridigm Inc., Retains Prior AuditorThe Company Extends Ex-Dividend & Sets Revised Record...
TAT Technologies Ltd. Announces That its Board of Directors has Approved the Formation of...
Nectar Signs ROI Networks as New Channel PartnerDemand for Nectar services accelerates...
Perot Systems and ChinaSoft to Pursue Chinese Healthcare Opportunities
Sterling Savings Bank Implements Integrated Teller Deposit Automation Using Full-Service...
Cablevision Makes It Easy for Customers with High-Definition Television Sets to Experience 'March Madness' in HD on iO TV(SM)Cablevision Makes The Switch To The Superior Picture And Sound Of High Definition Quick And Easy, In Time For College Basketball's Signature Event
BETHPAGE, N.Y., March 18 /PRNewswire-FirstCall/ -- With the tip-off of the 2008 NCAA College Basketball Tournament just days away, Cablevision Systems Corp. is reminding customers who have purchased high-definition television sets that the transition from standard-definition to HD is quick, easy, and -- for current iO TV digital customers -- free. Unlike its competitors, Cablevision does not charge customers any additional equipment or programming fees to receive HD channels.
"Cablevision offers 45 of the best high-definition channels, including all of the HD games of all nine New York-area professional sports teams, at no additional cost," said John Trierweiler, Cablevision's senior vice president of product management. "We have made it easy for more than one million of our iO TV customers with high-definition television sets to experience sports, movies, and other programming -- like this year's NCAA College Basketball Tournament -- with the superior picture and sound made possible by HD."
iO TV customers who have purchased high-definition television sets and are seeking to experience their favorite events including the NCAA Tournament, 2008 Masters Golf Championship, American Idol finale and more in crystal clear HD can simply exchange their existing standard-definition digital set-top box for an HD-capable box at one of the 48 Cablevision walk-in centers located throughout the New York metropolitan area. New customers can call 1-866-218-3259 to order service and installation. Additional information can be found at http://www.cablevision.com/.
With more than 2.6 million iO TV digital cable customers, 84 percent of Cablevision's cable customers have embraced the company's digital service, the highest rate of digital penetration in the nation. iO TV offers customers access to more than 360 channels, including 53 premium movie channels, 48 channels of commercial-free digital music, more than 2,000 titles available on demand at all times, an interactive programming guide, 45 high-definition programming services and groundbreaking interactive television applications including News 12 Interactive.
About Cablevision
Cablevision Systems Corporation is one of the nation's leading entertainment and telecommunications companies. Its cable television operations serve more than 3 million households in the New York metropolitan area. The company's advanced telecommunications offerings include its iO: Interactive Optimum(R) digital television, Optimum Online(R) high-speed Internet, Optimum Voice(R) digital voice-over-cable, and its Optimum Lightpath integrated business communications services. Cablevision's Rainbow Media Holdings LLC operates several successful programming businesses, including AMC, IFC, WE tv and other national and regional networks. In addition to its telecommunications and programming businesses, Cablevision owns Madison Square Garden and its sports teams, the New York Knicks, Rangers and Liberty. The company also operates New York's famed Radio City Music Hall, and owns and operates Clearview Cinemas.
Cablevision Systems Corporation
CONTACT: Patrick MacElroy for Cablevision Systems Corporation, +1-516-803-1249
Web site: http://www.cablevision.com/
Aon eSolutions Successfully Completes SAS 70 Type II ExaminationRigorous internal controls help RiskConsole clients comply with Sarbanes-Oxley Act
CHICAGO, March 18 /PRNewswire-FirstCall/ -- Aon eSolutions, the leading provider of global browser-based risk management information systems, today announced it has successfully completed the SAS 70 (Statement of Auditing Standards No. 70) Type II examination, which was conducted by Ernst & Young, a global leader in assurance, tax, transaction and advisory services.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)
Aon eSolutions operates as a Software as a Service (SaaS) provider, offering Aon RiskConsole, its premier global risk management information system (RMIS), as a true on-demand browser-based solution. As a SaaS provider, Aon eSolutions becomes a critical, integrated component of a client's information management strategy.
The SAS 70 Type II examination provides clients of Aon eSolutions with objective third-party verification that Aon RiskConsole meets exacting standards of security and a wide array of mission-critical internal controls, which have been exhaustively examined, documented, and tested by Ernst & Young.
SAS 70 Type II is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA), which indicates that a service provider has undergone an in-depth examination of its internal controls and security processes. In fact, the U.S. Securities and Exchange Commission (SEC) has designated SAS 70 as the acceptable method to confirm a service organization's internal controls.
"By successfully completing this examination, we have demonstrated our continued market leadership in establishing security and internal controls, and we have proven our commitment to maintaining the highest safeguards to support client efforts to comply with the Sarbanes-Oxley Act," said Kathleen Burns, chief executive officer of Aon eSolutions.
Under Section 404 of the Sarbanes-Oxley (SOX) Act of 2002, public companies are required to report on their controls to secure and protect sensitive information. As interpreted by SOX legislation, service providers who host, manage, and process client information are viewed as extensions of the companies they serve, and therefore, must also meet rigorous control standards. As companies turn to SaaS providers for system needs, selecting a SAS-70 vendor is critical to SOX compliance.
Ernest & Young assessed Aon RiskConsole on the following processes, activities, and operational control objectives:
-- Program change management
-- Network and physical security
-- Authorized Internet access
-- Daily computer operations
-- Data backup and recovery of tape backups
Aon eSolutions can provide clients with a comprehensive Type II report, which not only includes a description of its internal controls, but also verifies testing of the design and effectiveness of these controls. The report verifies that the company has achieved operational excellence with the highest levels of security, reliability and predictability of systems.
About Aon
Aon Corporation is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. Through its 43,000 professionals worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was ranked by A.M. Best as the number one global insurance brokerage in 2007 based on brokerage revenues, and voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 by the readers of Business Insurance. For more information on Aon, log onto http://www.aon.com/.
Media Contact
Tammy Delatorre
661.775.0550
tammydelatorre@yahoo.com
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Aon Corporation
CONTACT: Media, Tammy Delatorre, +1-661-775-0550, tammydelatorre@yahoo.com, for Aon Corporation
Web site: http://www.aon.com/
$250,000 Verizon Grant Will Help Create Greater Opportunities for California's African-American-Owned Businesses
LOS ANGELES, March 18 /PRNewswire/ -- Verizon Tuesday (March 18) presented a $250,000 grant that will create greater opportunities for African-American-owned companies to serve as suppliers to major corporations throughout California.
The grant funds the creation of the African-American Supplier Engagement Collaboration, a consortium whose members include the National Black Business Council, the California Black Chamber of Commerce and the Black Business Association.
"The consortium will further strengthen Verizon's relationship with businesses owned by African-Americans," said Tim McCallion, Verizon's West region president. "The program will create new opportunities for California corporations to develop enduring partnerships with African-American-owned companies, based on a solid value proposition for all involved."
The initiatives of the African-American Supplier Engagement Collaboration include:
-- Developing step-by-step instructions to guide participating
African-American-owned businesses through the request-for-proposal
process.
-- Providing a template showing African-American-owned businesses ways
in which they, in turn, can engage African-American-owned businesses
as second-tier contractors.
-- Increasing the number of African-American-owned businesses listed in
the California Public Utilities Commission clearinghouse by
developing resources to help applicants navigate the certification
process.
"This strategic partnership between several powerful African-American trade associations broadens access to performance-based inclusion contracts and promotes the growth of sustainable jobs and wealth," said Mary Ann Mitchell, chair of the National Black Business Council. "We attach high importance to Verizon's contribution, as it benefits community transformation."
Verizon announced the grant Tuesday at a ceremony at the California African-American History Museum, where speakers included California Public Utilities Commissioner Timothy Simon and Assemblyman Curren Price Jr.
Price said: "The fundamental duty of government is to provide a broad range of services for the people, and public resources are not always adequate. It is imperative that we rely on private businesses to be substantive partners on projects that support the public good.
"This is especially important where small businesses are concerned, as their growth and success is paramount for the state's success; while the small business is providing a much-needed service to the public, the state is serving the public good by supporting small businesses."
The grant continues Verizon's longstanding commitment to creating diversity among its suppliers and promoting the prosperity of the communities where it does business. In 2007, for example, Verizon spent more than $157 million in California with minority, women and disabled veteran business enterprises.
About Verizon Communications
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/.
About the Verizon Foundation
The Verizon Foundation, the philanthropic arm of Verizon Communications, supports the advancement of literacy and K-12 education through its signature program, Thinkfinity.org, and fosters awareness and prevention of domestic violence. In 2007, the foundation awarded more than $67.4 million in grants to nonprofit agencies in the United States and abroad. The foundation also matched the charitable donations of Verizon employees and retirees, resulting in $25.1 million in combined contributions. Through Verizon Volunteers, one of the nation's largest employee volunteer programs, Verizon employees and retirees have volunteered more than 3 million hours of community service since Verizon's inception in 2000.
For more information on the foundation, visit http://www.verizon.com/foundation.
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: Jon Davies of Verizon, +1-805-231-3985, jon.davies@verizon.com
Web site: http://www.verizon.com/ http://www.verizon.com/news http://www.verizon.com/foundation http://thinkfinity.org/
Company News On-Call: http://www.prnewswire.com/comp/618232.html
Microsoft and Intel Launch Parallel Computing Research Centers to Accelerate Benefits to Consumers, BusinessesCenter locations will be at UC Berkeley and the University of Illinois at Urbana-Champaign.
REDMOND, Wash. and SANTA CLARA, Calif., March. 18 /PRNewswire-FirstCall/ -- Intel Corporation and Microsoft Corp. are partnering with academia to create two Universal Parallel Computing Research Centers (UPCRC), aimed at accelerating developments in mainstream parallel computing, for consumers and businesses in desktop and mobile computing. The new research centers will be located at the University of California, Berkeley (UC Berkeley), and the University of Illinois at Urbana-Champaign (UIUC). Microsoft and Intel have committed a combined $20 million to the Berkeley and UIUC research centers over the next five years. An additional $8 million will come from UIUC, and UC Berkeley has applied for $7 million in funds from a state-supported program to match industry grants. Research will focus on advancing parallel programming applications, architecture and operating systems software. This is the first joint industry and university research alliance of this magnitude in the United States focused on mainstream parallel computing.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
Parallel computing brings together advanced software and processors that have multiple cores or engines, which when combined can handle multiple instructions and tasks simultaneously. Although Microsoft, Intel and many others deliver hardware and software that is capable of handling dual- and quad-core-based PCs today, in the coming years computers are likely to have even more processors inside them.
"Intel has already shown an 80-core research processor, and we're quickly moving the computing industry to a many-core world," said Andrew Chien, vice president, Corporate Technology Group and director, Intel Research. "Working with Microsoft and these two prestigious universities will help catalyze the long-term breakthroughs that are needed to enable dramatic new applications for the mainstream user. We think these new applications will have the ability to efficiently and robustly sense and act in our everyday world with new capabilities: rich digital media and visual interfaces, powerful statistical analyses and search, and mobile applications. Ultimately, these sensing and human interface capabilities will bridge the physical world with the virtual."
"Driven by the unprecedented capability of multicore processors, we're in the midst of a revolution in the computing industry, which profoundly affects the way we develop software," said Tony Hey, corporate vice president of External Research at Microsoft Research. "Working jointly with industry and academia, we plan to explore the next generation of hardware and software to unlock the promise and the power of parallel computing and enable a change in the way people use technology."
About the Universal Parallel Computing Research Centers
Twenty-five top-tier institutions in the field of parallel computing research were evaluated as part of the selection process. UC Berkeley and UIUC were unanimously selected for their outstanding reputation in computing and their expertise in the specific area of parallel computing among other reasons. The UPCRC at UC Berkeley will be directed by David Patterson, professor of computer science and pioneering expert in computer architecture, and will include 14 members from the UC Berkeley faculty, as well as 50 doctoral students and postdoctoral researchers. The UPCRC at the University of Illinois at Urbana-Champaign will be led by Marc Snir, professor of computer science and Wen-Mei Hwu, professor of electrical and computer engineering, in collaboration with 20 additional faculty members and 26 graduate students and researchers. Software developed by the centers will be made available to the technology community for additional development.
"This new center is exciting because it will allow us to explore the amazing potential of parallel computing," Patterson said. "We look forward to this once-in-a-career opportunity chance to recast the foundations of information technology, which will benefit the entire IT industry for decades to come."
"We now face the exciting challenge of making parallelism so easy to use that parallel programming becomes synonymous with programming," Snir said. "The University of Illinois has a long and proud tradition of being at the forefront in parallel computing. We look forward to ushering in a new era of parallel computing with Microsoft and Intel -- one that meets the unique needs of client-focused mass-market applications."
The research will complement and extend existing parallel computing programs at UC Berkeley, UIUC, Microsoft and Intel. The centers' research agenda aligns closely with both Intel's Tera-scale Computing Research Program and Microsoft's Technical Computing Initiative.
Parallel computing has become essential to enhancing program performance and satisfying the increased demands for power efficiency and small form factors. The challenge ahead for the technology industry is bringing the benefits of multicore processing based on tens or hundreds of cores to mainstream developers and, eventually, consumers. The ultimate goal is to make parallel computing easier for developers by providing solutions to new platform architectures, operating system architectures, programming methods and tools, and application models. The changes needed affect the entire industry, from consumers to hardware manufacturers and from the entire software development infrastructure to application developers who rely upon it.
About Intel R&D
Intel's worldwide network of research centers spans more than a dozen countries, including China, India, Russia, Germany, Mexico and Spain. Intel has a long history of collaboration with university researchers, and funds hundreds of individual academic research grants and encourages open, collaborative innovation through its network of research labs located adjacent to top universities. Intel's research foci span many areas of computing, including wireless communication, energy efficiency, transistor materials, multi-core architecture, and the future mobile and pervasive computing. More information can be found at http://www.intel.com/research.
About Microsoft Research
Founded in 1991, Microsoft Research is dedicated to conducting both basic and applied research in computer science and software engineering. Its goals are to enhance the user experience on computing devices, reduce the cost of writing and maintaining software, and invent novel computing technologies. Researchers focus on more than 55 areas of computing and collaborate with leading academic, government and industry researchers to advance the state of the art in such areas as graphics, speech recognition, user-interface research, natural language processing, programming tools and methodologies, operating systems and networking, and the mathematical sciences. Microsoft Research currently employs more than 800 people in six labs located in Redmond, Wash.; Cambridge, Mass.; Silicon Valley, Calif.; Cambridge, England; Beijing, China; and Bangalore, India. Microsoft Research collaborates openly with colleges and universities worldwide to enhance the teaching and learning experience, inspire technological innovation, and broadly advance the field of computer science. More information can be found at http://www.research.microsoft.com/.
About Intel
Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at http://www.intel.com/pressroom and blogs.intel.com.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Intel, the Intel logo, Centrino, "Intel. Leap ahead.," "Intel. Leap ahead." logo, Intel Viiv and Intel Inside are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.
* Other names and brands may be claimed as the property of others.
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Microsoft Corp.
CONTACT: Laurie Rieger, +1-925-551-5989, lrieger@waggeneredstrom.com, or Rapid Response Team, +1-503-443-7070, rrt@waggeneredstrom.com, both of Waggener Edstrom Worldwide for Microsoft; or Megan Langer of Intel, +1-503-712-4305, megan.e.langer@intel.com
Web site: http://www.microsoft.com/
DST Streamlines Direct-to-Fund Account Set-UpWeb Services Interface Designed to Eliminate Paper-Based Processing of New Accounts
KANSAS CITY, Mo., March 18 /PRNewswire-FirstCall/ -- DST Systems, Inc. has developed a new Web services interface to help broker/dealers establish direct-to-fund accounts electronically. The technology offers both funds and broker/dealers an industry-wide solution to the inefficiencies and costs associated with paper-based new account processing, which is common today.
With the new solution, broker/dealers initiate the new account transaction by submitting data through the DST interface. The interface includes parameters to properly format the data and meet the fund's new account rules. In return, funds reply with a confirmation in the form of the newly established account number. In addition to account establishment, broker/dealers may utilize a newly developed Web service that electronically delivers images of fund family applications, forms and other documents into the fund company's document management system. The image transfer Web service also may be used independently of new account establishment to fulfill any fund family document or form requirements.
The automated solution is designed to expedite the new account establishment process; settle the initial purchase electronically through ACH; improve compliance oversight; and eliminate "not in good order" business. It also is designed to eliminate fund family and broker/dealer costs associated with printing forms, manually processing applications and overnight delivery.
The solution leverages the mutual fund company relationships of DST's industry-leading DST Vision(R) account management Web site for financial intermediaries, and the technology of its internationally recognized business process management solution, the Automated Work Distributor(TM) (AWD(R)). Vision provides interface expertise and connectivity to more than 270 fund families, while AWD provides imaging, workflow and customer service solutions to enable automation.
"Today, both funds and dealers are still grappling with the high costs and overhead associated with paper-based new accounts, especially 529s and prototype IRAs," said Kyle Mallot, DST client service officer. "This industry-wide solution finally eliminates the lion's share of manual processing that remains in the mutual fund industry."
"We are thrilled to participate in this revolutionary initiative," said Ismael Carlo, chief technology officer, NEXT Financial Group. "We look forward to the efficiency gains our representatives can expect from electronic processing, and to the day that paper is no longer necessary to conduct business in this industry."
DST Systems, Inc. provides sophisticated information processing and computer software products and services to support the mutual fund, investment management, insurance and healthcare industries. In addition to technology products and services, DST provides integrated print and electronic statement and billing output solutions through a wholly owned subsidiary. DST's world-class data centers provide technology infrastructure support for mutual fund companies, healthcare providers, banks, mortgage bankers and insurance companies around the globe. DST is headquartered in Kansas City, Mo., and is a publicly traded company on the New York Stock Exchange.
The information and comments above may include forward-looking statements respecting DST and its businesses. Such information and comments are based on DST's views as of today, and actual actions or results could differ. There could be a number of factors affecting future actions or results, including those set forth in DST's latest periodic financial report (Form 10-K or 10-Q) filed with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking comment. The Company will not update any forward-looking statements in this press release to reflect future events.
DST Systems, Inc.
CONTACT: Jill Patton of DST Systems, Inc., +1-816-843-9087
Verizon Wireless Expands Coverage in Southern WisconsinResidents of Walworth, Jefferson and Rock Counties Can Expect Reliable Coverage, High-Speed Features
MILWAUKEE, March 18 /PRNewswire/ -- Verizon Wireless today announced its plans to expand coverage in southern Wisconsin. This expansion, which will be completed in the next three months, will bring the nation's most reliable network to approximately 59,000 residents in Walworth, Jefferson and Rock counties.
The new coverage area, which will cover 350 square miles, will include the communities of Jefferson, Helenville, Sullivan, Fort Atkinson, Palmyra, Harmony, Bradford, Cold Spring, La Grange and Whitewater, including the University of Wisconsin-Whitewater campus.
"Our expansion in southern Wisconsin is in response to the growing population in the area -- specifically in Walworth, Jefferson and Rock Counties -- and to the increasing enrollment at the University of Wisconsin-Whitewater," said T.J. Fox, president - Wisconsin/Illinois Region, Verizon Wireless. "We continually strive to perfect our network, and make sure that no matter where our customers live, work and play, they're able to take advantage of all the great services our network has to offer."
High-Speed Features: BroadbandAccess, V CAST
Verizon Wireless customers in the expanded coverage area will now be able to access the company's high-speed wireless network and enjoy two prime services: BroadbandAccess and V CAST multimedia services.
Based on Evolution-Data Optimized (EV-DO) Revision A (Rev. A) network technology, BroadbandAccess provides mobile workers with the ability to access to 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 through a secure, high-speed data connection.
With BroadbandAccess, users 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. Customers 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. Customers who travel outside the BroadbandAccess coverage area with an EV-DO device will switch seamlessly to Verizon Wireless' existing NationalAccess network.
"Now business customers traveling though and working in the area will be able to take advantage of the benefits in wireless communication -- speed, mobility and security," said Fox. "Highway 12 is a major thoroughfare for the area and this expansion will allow business users to increase their productivity."
The company's high-speed network also enables its V CAST multimedia services, offering customers the ability to download full song tracks, play cutting-edge 3D games and stream video clips straight to the handset with top transmission speeds. With content updated daily, customers can watch dozens of on-demand videos, including breaking news, weather, sports highlights and the hottest entertainment clips.
V CAST Music, available to customers with V CAST Music-enabled handsets, is the world's most comprehensive, over-the-air mobile music service. Customers with V CAST Music can download song tracks directly to their Verizon Wireless handsets or to PCs equipped with Windows(R) XP operating software. The V CAST Music on demand service includes access to a catalog of more than 2.8 million songs.
Network Investment
The expanded network into Walworth, Jefferson and Rock Counties is part of Verizon Wireless' effort to enlarge its coverage area, improve indoor reception, increase capacity and enhance the quality of its wireless voice and data network in Wisconsin and throughout the country. Since the company was formed in 2000, Verizon Wireless has invested more than $222 million in Wisconsin on improvements to its network to increase the coverage and capacity and to add new services. More than $37 million of this investment was spent in Wisconsin in 2007.
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: Carolyn A. Schamberger, APR of Verizon Wireless, +1-847-619-4282, carolyn.schamberger1@verizonwireless.com; or Beth Crivello-Wagner, +1-414-291-0912, ext. 122, beth@corecreative.com, for Verizon Wireless
Web site: http://www.verizonwireless.com/
Construction Project Management Software From Meridian Named as Constructech Top ProductsConstructech Magazine Names Prolog and Proliance Software as Top Products for 2008
FOLSOM, Calif., March 18 /PRNewswire/ -- Meridian Systems, a software solutions leader for improving capital program and construction project performance, announced today that both its Prolog(R) software and Proliance(R) software, have been named Top Products for 2008 by Constructech Commercial Magazine.
Constructech Top Products are chosen based on product description, the product's overall usefulness and uniqueness to the industry, and the customer growth rate for the particular product throughout the past few years.
"The products chosen as the 2008 Constructech Top Products are innovative, successful, and some of the best of what can be utilized today. Constructech's readers are eagerly adopting the available technology solutions in the commercial construction space," said Mike Carrozzo, editor of Constructech magazine. "As these builders and contractors look to improve their business practices, the solution providers must strive to meet the demand."
-- Prolog, Meridian's flagship product, is the industry standard for
managing successful construction project implementation. Prolog
provides complete project control by automating all aspects of the
construction lifecycle, from project design to close out. For more
information on Prolog, visit:
http://www.meridiansystems.com/products/prolog/constructionprojectmanagement.asp.
-- Proliance is a complete infrastructure lifecycle management (ILM)
solution that manages the three phases of physical assets: plan, build
and operate. Proliance optimizes project lifecycles and automates
business processes for real estate, construction, and other physical
infrastructure initiatives. For more information on Proliance, visit:
http://www.meridiansystems.com/products/proliance/index.asp.
About Constructech Magazine
Looking at information technology and building control automation through the eyes of the builder, contractor, and corporate owner, Constructech magazine is focused on providing the construction industry with the necessary tools to increase productivity and profitability. Constructech Commercial takes the perspective of the commercial construction professional and corporate building owner in uncovering the true value of information technology tools and building control automation. To learn more about the commercial winners, don't miss the March issue of Constructech: http://www.constructech.com/.
About Meridian Systems
Meridian Systems, a Trimble Company , provides software solutions that improve capital program, project and facility performance. Meridian product and service offerings enable building owners, construction firms, and public agencies to streamline the plan-build-operate project lifecycle, reducing construction costs, schedules, and project risk. Meridian has been ranked the market share leader for project management and collaboration software among general contractors larger than $101 million in revenue by the CFMA(1). For more information, call Meridian Systems at (800) 850 2660, or visit: http://www.meridiansystems.com/.
(1) CFMA's 2008 Information Technology Survey for the Construction
Industry, seventh edition with the permission of the Construction
Financial Management Association, Princeton, NJ, (609) 452 8000.
Meridian Systems
CONTACT: Tamara Kaestner, Marketing Programs Manager of Meridian Systems, +1-916-294-2375, tkaestner@meridiansystems.com
Web site: http://www.meridiansystems.com/ http://www.constructech.com/
Nickelodeon/MTVN Kids and Family Group Serves Up More Gaming Across Its Digital Properties in 2008 with 1,600 New Games, Game Development Tools and Gaming Websites600 Original, Exclusive Titles Join the Nick Kids and Family Group's Games Library
NEW YORK, March 18 /PRNewswire/ -- With more than 80% of its audience gaming online, Nickelodeon/MTVN Kids and Family Group continues to provide its demos with premium gaming experiences across its entire digital portfolio. Nickelodeon Kids and Family Group's digital sites, which reach 20 million game players monthly (according to comScore Media Metrix, January 2008, US only), are adding 1,600 new games to an existing library of 5,000 games, along with new tools for users to build their own games and several demographic-focused gaming sites. The game expansion plans will roll out across all of the Nickelodeon/MTVN Kids and Family Group's digital sites, which include: Nickjr.com (http://www.nickjr.com/); Nick.com (http://www.nick.com/); Nicktropolis.com (http://www.nicktropolis.com/); NickArcade.com (http://www.nickarcade.com/); TurboNick.com (http://www.turbonick.com/); Neopets.com (http://www.neopets.com/); AddictingGames.com (http://www.addictinggames.com/); The-N.com (http://www.the-n.com/); and Shockwave.com (http://www.shockwave.com/). Today's announcement further advances Nickelodeon Kids and Family Group's recent $100 million investment in the casual gaming space across all of its various brands.
"Our portfolio of digital brands is delivering fun and innovative gaming experiences for all of our audiences," said Cyma Zarghami, President, Nickelodeon/MTVN Kids and Family Group. "Because our gaming sites complement and serve the same breadth of audiences as each of our linear channels, we are now offering game experiences that range from educational content, virtual worlds to casual games that are both property driven and totally original."
1,600 New Games
Currently, across its entire portfolio of digital sites, Nickelodeon/MTVN Kids and Family Group has more than 5,000 games and will add another 1,600 in 2008. Of these new additions, approximately 600 will be exclusive, original games to the sites, and 1,000 will come from outside publishers to expand the variety of offerings. Highlights of the exclusive, original games are:
-- Nick.com, TurboNick, Nicktropolis and NickJr.com: Nick.com, Nickjr.com
TurboNick and Nicktropolis will launch more than 185 games in 2008,
with a focus on multiplayer, cooperative games such as 3D Nicktoons
SlimeBall on Nicktropolis. Other titles include an Avatar multiplayer
global game in the fall, where players assume a character's
personality, such as Aang or Zuko, and battle each other in real time
in various challenges to unlock new Avatar content.
-- Nick.com will completely redesign its gaming experience by launching
a brand new games landing page at http://www.nickgames.com/. It will
also add a multiplayer focus to its New Game of the Week franchise,
which launches 52 new, original games each week of the year.
-- Nicktropolis will introduce more than 20 single and multiplayer
games in 2008, the first title being 3D Slimeball. And TurboNick,
Nickelodeon's interactive, broadband video player will launch more
than 30 new, original games.
-- Nickjr.com will launch 35 original games for preschoolers in 2008,
including titles such as: Spin Art, giving kids tools to create
their unique pieces of art; Diego's Snowboard Rescue (launching mid-
March) featuring Diego hitting the slopes to rescue a variety of
Antarctic wildlife; and The Wonder Pets Storybook (launching end of
March) for parents and preschoolers to play together to help the
Wonder Pets save a baby triceratops.
-- AddictingGames, the largest source of the best free online games on the
web with more than 3,000 games, will introduce 75 exclusive self-
published and licensed games, along with 600+ new titles from game
developers around the world, in 2008. More than 25 of the exclusive
games will be self-published, and 50 under exclusive license.
-- AddictingGames will also expand its News and Celebrity Game Series,
which are new games focused on happenings in the news or around the
latest celebrity craze, launched close to real time. Examples of
titles include Paris Oh Paris where players feed and fatten up Paris
Hilton.
-- Neopets, the number-one most engaging youth entertainment site on the
web, will expand into multiplayer games which include a new retail
convergent element with Key Quest, along with global gaming tournaments
with the return of Daily Dare and Altador Cup. The site will launch
approximately 25 new content games that are exclusive to the site.
Neopets' Key Quest is a new multiplayer gaming and collecting
experience tied to Neopets retail product.
-- The-N.com, the number-one site for teen girls 12 to 17, will launch up
to 10 exclusive games in 2008, featuring titles like Avatar University
(launching in August), a sequel to The-N.com's first blockbuster game,
Avatar High. This sim-style game lets the player control a virtual
college full of students that party, study, hook up, and break up, even
when the player logs off and leaves them alone. Other titles include:
the multiplayer game Slasher! (launching in May) and The Hook Up 2
(launching in December). On The-N.com, gaming is the biggest single
activity and accounts for more than one-third of the site's traffic.
-- Shockwave, the original casual gaming destination for women 35+, will
introduce more than 115 exclusive, self published, downloadable and
licensed online games in 2008, in addition to more than 300 other non-
exclusive titles. Twelve of those exclusive properties will be self-
published, along with 50 exclusive licensed games; four self-published
downloadable games; and 50 flash lite games -- both self-published and
licensed -- across its minis and Qwikies platforms. The site will also
focus on co-play, with new games rolling out later in the year
involving adults playing with their kids.
Nickelodeon's mobile web service (wap.nick.com) will also continue to build a robust library of games, with 20 new games scheduled to launch in 2008. The company will also will launch approximately 10 to 12 downloadable game titles this year, following recent launches such as the SpongeBob SquarePants UnderPants Slam game for Xbox Live Arcade.
"We want to be the bookmark sites for each of our target demographics and we know that for our audiences, casual games are what they crave online," said Steve Youngwood, Executive Vice President of Digital Media, Nickelodeon/MTVN Kids and Family Group. "Not only do we want to entertain our audiences with a robust gaming portfolio and demo-focused gaming sites, but also tap into their creativity through game development tools to enhance the gaming community and help them entertain each other."
Game Development Tools
Several of the Nickelodeon Kids and Family Group sites will introduce tools for users to build original games and game levels. These include:
-- Nickgamestudio.com is a completely new vertical launch for the
Nickelodeon Kids and Family Group. Launching in third quarter,
Nickgamestudio.com will provide users with various tools to build new
Nick-branded or original games and levels within existing games.
-- AddictingGames Toolkits and Shockwave Gamebuilder: AddictingGames
Toolkits and Shockwave Gamebuilder lets users create and upload their
own versions of games and game levels using simple drag and drop
editing tools, and a selection of art assets. AddictingGames has
already seen huge success with the first of these games, Pencil Racer,
launched in February.
-- The-N.com Role Player: The-N.com users have spent years creating their
own role-playing games on the site's message boards. Groups of friends
craft rich, collaborative stories, some of which have gone on for
years. Role Player, launching in June, gives users new tools to create
games, expanding and enriching these stories outside of the confines of
the message boards. Users can invent their own worlds and characters,
audition players, and customize different versions of their avatars to
fit each game they're playing.
Gaming Sites
In addition to expanding its game development, Nickelodeon Kids and Family Group will launch several new demographic-focused game sites and services in 2008, some of which will be subscription-based and some free to play.
-- N-Games.com: In June, The-N.com will launch the first major gaming site
to focus solely on teen girls, N-Games.com. With an emphasis on social
gaming and collaborative creativity tool, N-Games.com endeavors to
address the underserved demographic of teen girls with games like
Slasher, Avatar Mall and others.
-- myNOGGIN.com: Existing services such as the recently launched
http://www.mynoggin.com/, a personalized, premium subscription-based
service for preschoolers and their parents featuring curriculum-based
learning through game play, will expand. myNOGGIN will also have a
presence at retail with a gift card offering for a subscription to the
service.
As virtual worlds become one of the fastest growing segments in terms of online casual gaming, the company will continue to focus in this area with three new virtual worlds currently in development, and by growing its existing virtual worlds Neopets and Nicktropolis.
In addition, Nickelodeon Kids and Family Group's digital sites will continue to build community features around its gaming content to deepen the user experience. By adding game rankings, comments, profiles and user rewards, the company aims to bring its users' voice to its sites. AddictingGames, for example, will launch user profiles in second quarter, which will feature social networking functionality.
MTV Networks has an expansive footprint in gaming through a diverse portfolio of online casual gaming, console-based and handheld games. MTV Networks continues to build a multi-dimensional games media network with acquired properties Xfire and GameTrailers.com, and content on branded sites including MTV.com and SpikeTV.com. The company also has a strong foothold in console-based and handheld gaming with MTV Games and Harmonix, which provides music fans with a deeper interactive experience through its popular music and rhythm titles.
About Nickelodeon
Nickelodeon, in its 28th year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The company includes television programming and production in the United States and around the world, plus consumer products, online, recreation, books, magazines and feature films. Nickelodeon's U.S. television network is seen in more than 96 million households and has been the number- one-rated basic cable network for more than 13 consecutive years. Nickelodeon and all related titles, characters and logos are trademarks of Viacom Inc. .
Nickelodeon
CONTACT: Joanna Roses, +1-212-846-7326, joanna.roses@nick.com, or Nakiah Cherry Chinchilla, +1-212-846-6492, nakiah.cherry@nick.com, both of Nickelodeon,
Web site: http://www.nick.com/ http://www.nickjr.com/ http://www.nicktropolis.com/ http://www.nickarcade.com/ http://www.turbonick.com/ http://www.neopets.com/ http://www.addictinggames.com/ http://www.the-n.com/ http://www.mynoggin.com/ http://www.shockwave.com/
California Micro Devices to Present WLCSP Paper and Host Panel at IMAPS in Scottsdale
SCOTTSDALE, Arizona, March 18 /PRNewswire/ --
- CMD Paper on New Re-Passivation Technology to be Presented as Part of
WLCSP Forum Program Track
California Micro Devices announced it would deliver a technical paper on
a new CSP repassivation technology designed to minimize parasitic elements in
ASIP(TM) (Application Specific Integrated Passive(TM)) products at the IMAPS
4th Annual International Conference and Exhibition on Device Packaging, March
17th through March 20th, 2008, at the Radisson Fort McDowell Resort and
Casino in Scottsdale, Arizona. The presentation will be part of a technical
track of papers sponsored by the Wafer Level Chip Scale (WLCSP) Forum on
wafer level chip scale package board reliability.
New CSP Manufacturing Technology Improves ASIP Performance and
Reliability
The paper, entitled "A Novel Re-Passivation/RDL CSP Technology for
Minimizing Parasitic Elements in ASIP Products," addresses the role of
parasitic capacitances in WLCSP technologies and presents an optimized
re-passivation and RDL technology for WLCSP that can lead to improved
electrical performance in CSP based electrostatic discharge (ESD) protection
products and electromagnetic interference (EMI) filters and enhanced
thermo-mechanical reliability. The paper will be presented by Dr. Umesh
Sharma, director of Foundry Engineering and Operations at California Micro
Devices. The paper will be available for downloading from the corporate
website after the conference by going to:
http://www.cmd.com/applications/papers.php, or from the Wafer Level Chipscale
Forum website at: http://www.wlcspforum.org.
Panel Discussion on WLCSP Reliability
During the IMAPS device packaging conference, the WLCSP Forum will host
two panel discussions on WLCSP board reliability. The first session, taking
place on March 18th, will feature a presentation on California Micro Devices'
new re-passivation and RDL CSP technology and four other technical papers
written and presented by WLCSP Forum members. The panel discussion will be
co-hosted by Kyle Baker, California Micro Devices' vice president of
marketing and the Chairman of the WLCSP Forum.
About California Micro Devices Corporation
California Micro Devices Corporation is a leading supplier of application
specific analog and mixed signal semiconductor products for the mobile
handset, digital consumer electronics and personal computer markets. Key
products include protection devices for mobile handsets, digital consumer
electronics products such as digital TVs, and personal computers as well as
analog and mixed signal ICs for mobile handset displays. Detailed corporate
and product information may be accessed at http://www.cmd.com.
ASIP and Application Specific Integrated Passive are trademarks of
California Micro Devices Corporation. All trademarks are property of their
respective owners.
Web site: http://www.cmd.com
California Micro Devices
Richard Haas of California Micro Devices, +1-408-934-3108, richardh@cmd.com
comScore 'Digital World: State of the Internet' Report Highlights Growth in Emerging Internet Markets
RESTON, Virginia, March 18 /PRNewswire/ --
- U.S. Currently Accounts for 21 Percent of Worldwide Internet Users,
Down from 66 Percent in 1996
comScore, Inc. (Nasdaq: SCOR), a leader in measuring the digital world,
today released several key findings from its "Digital World: State of the
Internet" report. The study highlights the changing dynamics of worldwide
Internet usage, as it has grown from a U.S.-centric medium to its currently
global landscape.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO )
In January 2008, the Asia Pacific region had more than 300 million
Internet users at least 15 years of age accessing the Internet from work and
home computers. This represents an increase of 14 percent versus year ago and
makes Asia Pacific the largest of the five worldwide regions. Latin America
and Middle East-Africa have also experienced above average audience growth
during the past year, while North America and Europe have grown at more
modest rates.
Worldwide Internet Audience (000)
January 2008 vs. January 2007
Total Worldwide, Age 15+ - Home and Work Locations(i)
Source: comScore World Metrix
Percent
Region Jan-07 Jan-08 Change
Worldwide 746,934 824,435 10.4%
Asia Pacific 271,192 308,817 13.9%
Europe 218,063 232,866 6.8%
North America 173,839 183,823 5.7%
Latin America 50,641 59,025 16.6%
Middle East - Africa 33,199 39,904 20.2%
(i) Excludes traffic from public computers such as Internet cafes or
access from mobile phones or PDAs.
The "Digital World" report covers a broad array of topics illustrating
the key global trends that underlie how the Internet is used around the world
today. Some of the key findings include:
-- The U.S. now accounts for 21 percent of Internet users worldwide.
While growth in the number of Internet users in the U.S. has slowed,
several Asian and Eastern European countries continue to add new users
at a rapid rate.
-- Google is the dominant search brand in most countries, including most
of Europe and Latin America, with a few significant exceptions --
countries where Chinese, Korean, and Russian languages dominate.
-- Chinese language search engine Baidu currently ranks #3 in worldwide
search market share, behind Google and Yahoo!
-- The number of worldwide visitors to social networking sites has grown
34 percent in the past year to 530 million, representing approximately
2 out of every 3 Internet users. MySpace and Facebook are in a tight
battle for the global leadership position, each attracting more than
100 million visitors per month.
-- Online video has become the dominant online entertainment format, led
by the global popularity of YouTube with more than 250 million
visitors in January.
-- The Internet has become an important source of news for most Web
users. The top 10 global news brands show great diversity between
country of origin, including the U.S., U.K., China and South Korea.
The comScore "Digital World" report is priced at US$4,999 for the first
copy and US$999 for each additional copy shipped to the same address, and can
be purchased online at http://www.comscore.com/reports.
About comScore
comScore, Inc. (Nasdaq: SCOR) is a global leader in measuring the digital
world. This capability is based on a massive, global cross-section of more
than 2 million consumers who have given comScore permission to confidentially
capture their browsing and transaction behavior, including online and offline
purchasing. comScore panelists also participate in survey research that
captures and integrates their attitudes and intentions. Through its
proprietary technology, comScore measures what matters across a broad
spectrum of behavior and attitudes. comScore analysts apply this deep
knowledge of customers and competitors to help clients design powerful
marketing strategies and tactics that deliver superior ROI. comScore services
are used by nearly 900 clients, including global leaders such as AOL,
Microsoft, Yahoo!, BBC, Carat, Cyworld, Deutsche Bank, France Telecom, Best
Buy, The Newspaper Association of America, Financial Times, ESPN, Fox Sports,
Nestle, Starcom, Universal McCann, the United States Postal Service, Verizon,
ViaMichelin, Merck and Expedia. For more information, please visit
http://www.comscore.com
Web site: http://www.comscore.com
comScore, Inc.
Andrew Lipsman of comScore, Inc., +1-312-775-6510, press@comscore.com. Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
MyStarU.com Sells Three Master Franchise Licenses
BEIJING, March 18 /Xinhua-PRNewswire-FirstCall/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST; Frankfurt Stock Exchange: TQF) announced today that its Online Social Vocational Education and Culture Business Group, MyStarU.com ( http://www.mystaru.com/ ), has sold the exclusive license to three master franchisees in China in March.
The franchisee pays MyStarU.com a license fee of $200,000 in a one-time offer, and has rights to sell licenses to unlimited franchisees inside of the Jiangsu, Anhui and Shandong provinces. Under the agreements, the master franchisees plans that a minimum total of 50,000 vocational students will use their online education programs in 2008. MyStarU.com will generate revenues of $250,000 in monthly royalty fees, as a forecast.
About MyStarU.com, Inc.
MyStarU.com, Inc. (MYST) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. MyStarU.com, Inc. does business in Asia via its wholly-owned subsidiaries, MyStarU Ltd. ( http://www.mystaru.com/ , http://www.skyestar.com/ , http://www.goongreen.org/ , http://www.icurls.com/ ) and majority owned subsidiary Subaye.com, Inc. ( http://www.subaye.com/ ).
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Helen Wang
MyStarU.com, Inc.
Tel: +86-10-6702-6968
Email: IR@MyStarU.com
MyStarU.com, Inc.
CONTACT: Ms. Helen Wang for MyStarU.com, Inc., +86-10-6702-6968, or IR@MyStarU.com
Web Site: http://www.mystaru.com/
California Micro Devices to Present WLCSP Paper and Host Panel at IMAPS in ScottsdaleCMD Paper on New Re-Passivation Technology to be Presented as Part of WLCSP Forum Program Track
SCOTTSDALE, Ariz., March 18 /PRNewswire-FirstCall/ -- California Micro Devices announced it would deliver a technical paper on a new CSP repassivation technology designed to minimize parasitic elements in ASIP(TM) (Application Specific Integrated Passive(TM)) products at the IMAPS 4th Annual International Conference and Exhibition on Device Packaging, March 17th through March 20th, 2008, at the Radisson Fort McDowell Resort and Casino in Scottsdale, Arizona. The presentation will be part of a technical track of papers sponsored by the Wafer Level Chip Scale (WLCSP) Forum on wafer level chip scale package board reliability.
New CSP Manufacturing Technology Improves ASIP Performance and Reliability
The paper, entitled "A Novel Re-Passivation/RDL CSP Technology for Minimizing Parasitic Elements in ASIP Products," addresses the role of parasitic capacitances in WLCSP technologies and presents an optimized re-passivation and RDL technology for WLCSP that can lead to improved electrical performance in CSP based electrostatic discharge (ESD) protection products and electromagnetic interference (EMI) filters and enhanced thermo-mechanical reliability. The paper will be presented by Dr. Umesh Sharma, director of Foundry Engineering and Operations at California Micro Devices. The paper will be available for downloading from the corporate website after the conference by going to: http://www.cmd.com/applications/papers.php, or from the Wafer Level Chipscale Forum website at: http://www.wlcspforum.org/.
Panel Discussion on WLCSP Reliability
During the IMAPS device packaging conference, the WLCSP Forum will host two panel discussions on WLCSP board reliability. The first session, taking place on March 18th, will feature a presentation on California Micro Devices' new re-passivation and RDL CSP technology and four other technical papers written and presented by WLCSP Forum members. The panel discussion will be co-hosted by Kyle Baker, California Micro Devices' vice president of marketing and the Chairman of the WLCSP Forum.
About California Micro Devices Corporation
California Micro Devices Corporation is a leading supplier of application specific analog and mixed signal semiconductor products for the mobile handset, digital consumer electronics and personal computer markets. Key products include protection devices for mobile handsets, digital consumer electronics products such as digital TVs, and personal computers as well as analog and mixed signal ICs for mobile handset displays. Detailed corporate and product information may be accessed at http://www.cmd.com/.
ASIP and Application Specific Integrated Passive are trademarks of California Micro Devices Corporation. All trademarks are property of their respective owners.
California Micro Devices
CONTACT: Richard Haas of California Micro Devices, +1-408-934-3108, richardh@cmd.com
Web site: http://www.cmd.com/
comScore 'Digital World: State of the Internet' Report Highlights Growth in Emerging Internet MarketsU.S. Currently Accounts for 21 Percent of Worldwide Internet Users, Down from 66 Percent in 1996
RESTON, Va., March 18 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released several key findings from its "Digital World: State of the Internet" report. The study highlights the changing dynamics of worldwide Internet usage, as it has grown from a U.S.-centric medium to its currently global landscape.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)
In January 2008, the Asia Pacific region had more than 300 million Internet users at least 15 years of age accessing the Internet from work and home computers. This represents an increase of 14 percent versus year ago and makes Asia Pacific the largest of the five worldwide regions. Latin America and Middle East-Africa have also experienced above average audience growth during the past year, while North America and Europe have grown at more modest rates.
Worldwide Internet Audience (000)
January 2008 vs. January 2007
Total Worldwide, Age 15+ - Home and Work Locations*
Source: comScore World Metrix
Percent
Region Jan-07 Jan-08 Change
Worldwide 746,934 824,435 10.4%
Asia Pacific 271,192 308,817 13.9%
Europe 218,063 232,866 6.8%
North America 173,839 183,823 5.7%
Latin America 50,641 59,025 16.6%
Middle East - Africa 33,199 39,904 20.2%
* Excludes traffic from public computers such as Internet cafes or access
from mobile phones or PDAs.
The "Digital World" report covers a broad array of topics illustrating the key global trends that underlie how the Internet is used around the world today. Some of the key findings include:
-- The U.S. now accounts for 21 percent of Internet users worldwide.
While growth in the number of Internet users in the U.S. has slowed,
several Asian and Eastern European countries continue to add new users
at a rapid rate.
-- Google is the dominant search brand in most countries, including most
of Europe and Latin America, with a few significant exceptions --
countries where Chinese, Korean, and Russian languages dominate.
-- Chinese language search engine Baidu currently ranks #3 in worldwide
search market share, behind Google and Yahoo!
-- The number of worldwide visitors to social networking sites has grown
34 percent in the past year to 530 million, representing approximately
2 out of every 3 Internet users. MySpace and Facebook are in a tight
battle for the global leadership position, each attracting more than
100 million visitors per month.
-- Online video has become the dominant online entertainment format, led
by the global popularity of YouTube with more than 250 million visitors
in January.
-- The Internet has become an important source of news for most Web users.
The top 10 global news brands show great diversity between country of
origin, including the U.S., U.K., China and South Korea.
The comScore "Digital World" report is priced at $4,999 for the first copy and $999 for each additional copy shipped to the same address, and can be purchased online at http://www.comscore.com/reports.
About comScore
comScore, Inc. is a global leader in measuring the digital world. This capability is based on a massive, global cross-section of more than 2 million consumers who have given comScore permission to confidentially capture their browsing and transaction behavior, including online and offline purchasing. comScore panelists also participate in survey research that captures and integrates their attitudes and intentions. Through its proprietary technology, comScore measures what matters across a broad spectrum of behavior and attitudes. comScore analysts apply this deep knowledge of customers and competitors to help clients design powerful marketing strategies and tactics that deliver superior ROI. comScore services are used by nearly 900 clients, including global leaders such as AOL, Microsoft, Yahoo!, BBC, Carat, Cyworld, Deutsche Bank, France Telecom, Best Buy, The Newspaper Association of America, Financial Times, ESPN, Fox Sports, Nestle, Starcom, Universal McCann, the United States Postal Service, Verizon, ViaMichelin, Merck and Expedia. For more information, please visit http://www.comscore.com/
Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
comScore, Inc.
CONTACT: Andrew Lipsman of comScore, Inc., +1-312-775-6510, press@comscore.com
Web site: http://www.comscore.com/
CooperVision Increases Network Performance While Reducing Costs With Time Warner Telecom's IP VPN- Multi-year contract provides IP VPN service to eight sites nationwide- Triples network bandwidth to more than 1 Gbps at half the cost of legacy solution
ROCHESTER, N.Y., March 18 /PRNewswire-FirstCall/ -- Time Warner Telecom Inc. , a leading provider of managed voice and data networking solutions for businesses, today announced a multi-year, contract to deploy an eight-site IP VPN solution to CooperVision, Inc. of Fairport, New York. CooperVision is a worldwide leader in the manufacture of contact lenses including toric astigmatism correction lenses and multifocal lenses.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080312/LAW511LOGO)
"Time Warner Telecom's end-to-end network solution delivers three times the bandwidth for about half the cost of our old network," said Steve Baxter, Director of regional IT, Americas for CooperVision in Fairport. "The installation of the high-capacity, IP VPN network was a critical to implementing the consolidation of our server and storage infrastructure in our Americas region. We estimate that project will save our company $1.5 million over the life of this telecommunications contract."
In addition to cost savings and increased bandwidth, CooperVision praised the flexibility that the Time Warner Telecom service provides. "We can scale circuit capacity up to a high of 1 Gbps in about one-third the time of other communications vendors I've worked with," explained Baxter. "And their class of service (CoS) technology is much easier and more flexible to implement than other providers, while being very cost competitive. CoS was a key technical requirement in being able to consolidate our IT infrastructure."
The full backing of service level agreements (SLAs) was an additional requirement IT managers had of a telecommunications vendor. "Time Warner Telecom was willing to stand by their network to guarantee SLAs, along with specified penalties for failing to meet those standards," recalled Baxter. "I was pleasantly surprised by that."
Time Warner Telecom is providing IP VPN services to eight CooperVision sites in New York, California, Arizona and Virginia. Six of these facilities utilize between 6 and 50 Mbps of fiber capacity. A dual-entry fiber connection to the company's corporate headquarters provides redundancy to the IP VPN network. Additionally, the company installed a 1 Gbps point-to-point circuit that supports data replication between the firm's production data center and a disaster recovery site. The new network delivers sufficient capacity and availability allowing managers to replace an outsourced conferencing solution with an in-house voice over IP (VoIP) solution utilizing Cisco's call and video conferencing technology.
"Our national fiber network along with our advanced communications solutions, such as IP VPN, gives businesses the capability, reliability and flexibility they require to grow their own networks," said Jim Groark, vice president and general manager for Time Warner Telecom in Rochester. "By providing these services entirely over our own network, we're able to deliver SLA guarantees that other providers simply can't match."
Time Warner Telecom is changing its name to tw telecom on July 1, 2008.
About Time Warner Telecom
Time Warner Telecom Inc., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP and security, to enterprise organizations and communications services companies throughout the U.S. As a leading provider of integrated and converged network solutions, Time Warner Telecom delivers customers overall economic value, quality, service, and improved business productivity. Time Warner Telecom will change its name to tw telecom on July 1, 2008. Please visit http://www.twtelecom.com/ for more information.
About CooperVision
CooperVision is one of the world's leading and fastest-growing manufacturers of contact lenses, currently the third-largest manufacturer in the United States and worldwide. CooperVision is considered the world's leading producer of premium-quality toric lenses for people with astigmatism. In addition, CooperVision manufactures lenses for people with spherical and presbyopic conditions.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080312/LAW511LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Time Warner Telecom Inc.
CONTACT: Patrick Mulcahy of Time Warner Telecom Inc., +1-303-566-1470, patrick.mulcahy@twtelecom.com
Web site: http://www.twtelecom.com/
eMoney Advisor and Blue Frog Solutions Form Strategic PartnershipClients will Receive Enhanced Retirement Services as Result of Agreement
CONSHOHOCKEN, Pa., and POMPANO BEACH, Fla., March 18 /PRNewswire/ -- eMoney Advisor, (http://www.emoneyadvisor.com/), a leading provider of comprehensive wealth and goal planning solutions, announced today that it has teamed up with Blue Frog Solutions, (http://www.bluefrogsolutions.com/) a leading technology solutions provider and business processing outsourcing (BPO) firm that focuses on the life and annuities market. The partnership will result in superior data integration capabilities for advisors and their clients, and specifically the baby boomer generation seeking retirement planning.
Blue Frog's AFFIRM(TM) for Annuities solution provides point-of-sale data capture of annuity products for compliant and in-good-order straight-through- processing. Advisors that have clients seeking fixed income products will now be able to use eMoney to integrate directly with processing functionality that will result in improved processing times and drastic reductions in errors for clients seeking retirement income products.
"The combination of eMoney's award-winning advisory tools and Blue Frog's impressive processing capabilities results in an exciting new development for the retirement market," said Michael Zebrowski, COO, eMoney Advisor. "Data integration has been an important issue in retirement planning and this partnership showcases our commitment to provide innovation and best-of-breed services."
Later this month, eMoney will release Version 5.2 of its eMoney Advisor 360Pro suite of financial planning tools, which will include a sophisticated Annuity Income Analysis Tool, which headlines five new stand-alone Needs Analysis Modules. The application was created in order to meet the need of rising annuity sales, and combining this with Blue Frog's technology brings a superior product to the market.
"This exciting alliance with eMoney Advisor allows us to build upon our existing foundation of providing comprehensive services," said Brad Levine, President, Blue Frog Solutions. "Integrating our sophisticated technology with eMoney's first class tools, results in a more efficient process for advisors and their clients."
The eMoney 360 and 360Pro software allows financial advisors to supply all-inclusive planning for both affluent and high net worth clients. In addition to the Retirement Income Planning Module, the software includes a dynamic interview process, full financial planning capabilities, Modular Needs Analysis now in 11 categories, Mandatory Spending vs. Guaranteed Income Analysis and Asset Allocation. Advisors can provide clients with all of this information online, on paper or directly to their PDAs and phones.
The alliance is effective immediately.
About eMoney Advisor
eMoney Advisor, (http://www.emoneyadvisor.com/) based in Conshohocken, Pennsylvania is a wholly-owned subsidiary of Commerce Bancorp . eMoney's suite of tools is an award-winning, web-based wealth-planning tool that offers an aggregated, comprehensive view of a client's financial portfolio, as well as features and functions that enable more complete planning and better servicing of a client's needs. With the suite of tools, advisors can proactively manage their client relationships by identifying strengths and weaknesses in asset allocation, keeping accounts up-to-date and monitoring significant changes in their clients' financial status.
About Blue Frog Solutions
Blue Frog Solutions(http://www.bluefrogsolutions.com/), based in Pompano Beach, Florida, is a leading technology solutions provider and business processing outsourcing (BPO) firm that focuses on the life, annuities and long-term care market. Blue Frog automates both front and back end business processes between Carriers and Distributors with a focus on compliance to create automated business process efficiencies. Blue Frog's solutions are based on the firm's flagship ADMServer Framework software suite. As one of the largest providers of ACORD-based transactions and access to DTCC solutions, Blue Frog currently provides ADMServer solutions to more than 60 percent of the top 40 life and annuity companies and many of the largest distributors in the U.S.
Contacts:
Suzanne Bergin
eMoney Advisor, Inc.
Phone: 484-947-5782
suzanneb@emoneyadvisor.com
Debra Berliner
G.S. Schwartz & Co. Inc.
Phone: (212) 725-4500
dberliner@schwartz.com
Brad Levine
Blue Frog Solutions, Inc.
Phone: 954-633-1777
blevine@bluefrogsolutions.com
eMoney Advisor
CONTACT: Suzanne Bergin of eMoney Advisor, Inc., +1-484-947-5782, suzanneb@emoneyadvisor.com; Debra Berliner, +1-212-725-4500, dberliner@schwartz.com, of G.S. Schwartz & Co. Inc.; Brad Levine, +1-954-633-1777, blevine@bluefrogsolutions.com, of Blue Frog Solutions, Inc., all for eMoney Advisor
Web site: http://www.emoneyadvisor.com/ http://www.bluefrogsolutions.com/
Imperium Romanum Finally Reaches American ShoresRe-live Rome's Golden Era In The Highly Anticipated RTS Game
GRAPEVINE, Texas, March 18 /PRNewswire-FirstCall/ -- SouthPeak Games today announced that "Imperium Romanum" is now available in North America. Imperium Romanum lets PC players revisit Rome's most epic conquests, following its ascent into history. Build, Reign, Defend!
Set during the Roman Empire's zenith, the goal is to ensure that the glory of the Roman Empire is retained. Players lead their Roman province through natural disasters, crime waves, and threats of war. Monitor the city's prosperity by providing the people with everything from basic necessities to lavish luxuries.
"Imperium Romanum is the genuine historical strategy gaming experience RTS players seek," said Melanie Mroz, CEO of SouthPeak Games. "The immense attention to details - from building structures to the camera's mobility - is unlike anything previously seen in the genre."
Imperium Romanum is available now for suggested retail price of $39.99 at retailers everywhere and for digital download. It is rated E 10+ for Everyone 10+.
About SouthPeak Games
SouthPeak Interactive, LLC develops and publishes interactive entertainment software for all current hardware platforms including: PLAYSTATION(R)3 computer entertainment system, PSP(R) (PlayStation(R)Portable) system, PlayStation(R)2 computer entertainment system, Xbox360(TM) video game and entertainment system, Wii(TM), Nintendo DS(TM) and PC. SouthPeak's games cover all major genres including action/adventure, role- playing, racing, puzzle/strategy, fighting and combat. SouthPeak's products are sold in retail outlets in North America, Europe, Australia and Asia. SouthPeak is headquartered in Midlothian, Virginia, and has offices in Grapevine, Texas and London, England. http://www.southpeakgames.com/
In January, SouthPeak Interactive, LLC and Global Services Partners Acquisition Corp. (BULLETIN BOARD: GSPA, GSPAB, GSPAW, GSPAZ) jointly announced that they have agreed to a business combination resulting in a new publicly held entity that will be called SouthPeak Interactive Corporation. The transaction will allow SouthPeak to access the public markets to accelerate its growth strategy and take advantage of strong industry growth trends.
SouthPeak Games
CONTACT: Rob Fleischer of Sandbox Strategies, +1-212-213-2451, rob@sandboxstrat.com
Web site: http://www.southpeakgames.com/
Superstar Performances Added to the Line-Up for the '2008 CMT MUSIC AWARDS'Additional Performers Include Kenny Chesney, Tim McGraw and Faith Hill, LeAnn Rimes, Keith Urban and Brooks & Dunn
NASHVILLE, Tenn., March 18 /PRNewswire/ -- Country music's only fan-voted awards show just got hotter with the addition of country superstars Kenny Chesney, Tim McGraw and Faith Hill, LeAnn Rimes, Keith Urban and Brooks & Dunn to the lineup for the 2008 CMT MUSIC AWARDS. Previously announced performances include Carrie Underwood, Sugarland, Brad Paisley, Rascal Flatts, Toby Keith, Alan Jackson, Taylor Swift and a special performance by Billy Ray Cyrus and Miley Cyrus.
Hosted by Billy Ray Cyrus and Miley Cyrus, the 2008 CMT MUSIC AWARDS air live from Nashville's Curb Event Center at Belmont University on Monday, April 14 at 8:00 p.m. ET/PT* on CMT and CMT.com. The 2008 CMT MUSIC AWARDS continues to be the genre's only fan-voted awards. Fans can vote online at CMT.com through Friday, April 11 to determine the night's winners.
The 2008 CMT MUSIC AWARDS is produced by Audrey Morrissey and Camouflage Films, Inc. John Hamlin and Margaret Comeaux serve as the executive producers for CMT.
Visit CMT's press-only web site http://www.cmtmusicawardspress.com/ for more information about the 2008 CMT MUSIC AWARDS and media credentialing.
CMT, a unit of Viacom's MTV Networks , is the leading television and digital authority on country music and Heartland entertainment, reaching more than 87 million homes in the U.S. CMT and its website, CMT.com, offer an unparalleled mix of music, news, live concerts and series and is the top resource for country music on demand. The network's digital platforms include the 24-hour music channel, CMT Pure Country, CMT Mobile and CMT VOD.
*EDITORS: The 2008 CMT MUSIC AWARDS premiere LIVE on Monday, April 14 at 8:00 PM, Eastern and 7:00 PM, Central; and at 9:00 PM, Mountain and 8:00 PM, Pacific (tape delayed).
CMT
CONTACT: Cindy McLean, +1-615-335-8404, cindy.mclean@cmt.com, or Natasha Powell, +1-615-335-8412, natasha.powell@cmt.com, both of CMT
Web site: http://www.cmt.com/ http://www.cmt.com/cmt-music-awards http://www.cmtmusicawardspress.com/
Western & Southern Life Chooses SUSE Linux Enterprise From NovellWestern & Southern saved 75 percent on cost of equivalent proprietary solution and is using Xen virtualization and ZENworks Linux Management to manage more than 180 branch servers
SALT LAKE CITY, March 18 /PRNewswire-FirstCall/ -- (BrainShare(R) 2008) -- Novell today announced that Western & Southern Life, a subsidiary of Fortune 500 financial company Western & Southern Financial Group, has implemented SUSE(R) Linux Enterprise Server from Novell(R) in each of its branch offices for 25 percent of the cost of an equivalent proprietary solution. With a flexible platform, the company can take advantage of open source applications to reduce software costs, such as proxy software which has increased caching speed by 50 percent. The company is also using Xen* virtualization in SUSE Linux Enterprise Server and plans to migrate many of its Sun* Solaris* applications to Linux*.
"SUSE Linux Enterprise Server comes with a lot of tools out of the box and gives us a platform to try out new open source applications without requiring a huge financial investment," said Sean Keplinger, technical analyst at Western & Southern Financial Group. "Xen virtualization is helping us dramatically consolidate servers. For instance, our annuity system will now require one server instead of five. Virtualization also makes it easier to provision new applications for our users, without the prohibitive costs of new hardware."
With Novell ZENworks(R) Linux Management, Western & Southern Life administers more than 180 branch servers running SUSE Linux Enterprise Server from a central location, in addition to the 40 servers with SUSE Linux Enterprise Server in its corporate offices running a variety of mission-critical applications. Western & Southern provides life insurance, annuities, mutual funds and investment management through one or more of its member companies. The company is one of the 10 highest-rated life insurance groups in the world according to Standard & Poor's, and it has assets owned, managed and under care in excess of $48 billion.
Roger Levy, Novell senior vice president and general manager of Open Platform Solutions, said, "The demands placed on technology in the financial services industry are extremely high. The reliability and flexibility of SUSE Linux Enterprise and open source software let Western & Southern and other customers do more for their users with fewer resources and less cost, while serving their own customers more efficiently."
The next-generation platform for the open enterprise, SUSE Linux Enterprise is the best-engineered and most interoperable platform for mission-critical computing, from the desktop to the data center. For more information on SUSE Linux Enterprise offerings from Novell, visit http://www.novell.com/linux. For more on how customers around the globe are leveraging Novell solutions, visit http://www.novell.com/success.
About Novell
Novell, Inc. delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.
Novell, SUSE and ZENworks are registered trademarks and BrainShare is a registered service mark of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.
Novell, Inc.
CONTACT: Kevan Barney of Novell, +1-801-861-2931, kbarney@novell.com; or Amy Anderson of SHIFT Communications, +1-617-779-1825, aanderson@shiftcomm.com, for Novell, Inc.
Web site: http://www.novell.com/
Global Gaming and Entertainment Web Site Wins Greater Security with Novellbwin automates PCI compliance process and improves security for its users
SALT LAKE CITY, March 18 /PRNewswire-FirstCall/ -- (BrainShare(R) 2008) -- Novell today announced one of the world's leading providers of online gaming and entertainment has selected Novell to secure its IT infrastructure and enforce compliance mandates. The bwin Group has millions of users for its betting, poker, casino and games offered over the Internet and other digital distribution channels. Using Novell's security and information management solution Novell(R) Sentinel(TM), bwin can now automatically detect threats to user data and meet the stringent auditing requirements of the Payment Card Industry Data Security Standard (PCI-DSS).
"As one of Europe's largest online betting sites, we process thousands of secure financial transactions each day," said Oliver Eckel, head of Corporate Security at bwin Interactive Entertainment AG. "Security is very important to bwin, as it protects our status as a trusted payment card processor and demonstrates to customers that we place the highest possible emphasis on safeguarding their financial data. Novell Sentinel gives us all the tools we need to reduce the time involved in meeting PCI-DSS compliance requirements, proactively defend against security threats, and centralize network security monitoring and reporting."
With millions of customers, thousands of internal users and hundreds of applications and databases, bwin was spending significant time and effort compiling reports for the PCI-DSS, which requires retailers to meet a detailed set of data security requirements to comply with their payment card company contracts. Among other requirements, the most recent PCI-DSS specification calls on payment card processors to maintain a secure network, protect stored card holder data, implement strong access control measures, regularly monitor and test networks and maintain a comprehensive information security policy. To reduce the cost and effort of compliance and improve security reporting, bwin needed an automated, centralized solution for monitoring and managing multiple security log files.
Working with Novell Austrian partner Verizon Business, bwin has deployed Novell Sentinel across its entire payment infrastructure, replacing the manual, department-led monitoring of distinct network elements with an automated, enterprise-wide solution for real-time monitoring and reporting of security issues, managed from a single point of control. In addition to improving security metrics, Sentinel is reducing administrative and compliance costs by releasing departmental staff from manual monitoring duties. Implemented currently across the data centers of its global subsidiaries, bwin plans to extend the scope of its security information and event monitoring to all corporate systems.
"As a high-profile company processing large volumes of card payments, bwin is an attractive target for increasingly sophisticated online fraudsters," said Jim Ebzery, senior vice president and general manager of Identity and Security Management at Novell. "By using Novell Sentinel to centralize and automate its network security monitoring and reporting capabilities, bwin has strengthened its protection against intrusion. Most important, we have helped them simplify the process of security reporting, enabling bwin to more easily prove compliance with the PCI-DSS."
About Novell
Novell, Inc. delivers the best engineered, most interoperable Linux* platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.
Novell is a registered trademark, BrainShare is a registered service mark and Sentinel is a trademark of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.
Novell
CONTACT: Charlotte Betterley of Novell, +1-781-464-8253, cbetterley@novell.com; or Danielle Mancano of SHIFT Communications, +1-617-681-1216, dmancano@shiftcomm.com, for Novell
Web site: http://www.novell.com/
Novell Approaches 6,000 Customers for Its Identity and Security Management SolutionsLarge and small enterprises, representing financial services, healthcare, education and government, are securing user identities and meeting compliance requirements with Novell
SALT LAKE CITY, March 18 /PRNewswire-FirstCall/ -- (BrainShare(R) 2008)
-- Novell today announced a major achievement for its identity and security management software -- rapidly approaching 6,000 customers worldwide, Novell's identity and security management offerings increase operational efficiency and user productivity, enforce compliance with industry regulations and simplify and automate identity management processes. Demonstrating its scalability and flexibility, Novell's products are being widely deployed across many different heterogeneous IT environments, ranging from Fortune 500 companies to small businesses in a variety of industries including financial services, healthcare, government and education. A few of the thousands of customers using Novell's identity and security management solutions are Abercrombie & Fitch, BASF, Catholic Healthcare West, Endesa, Fairchild Semiconductor, Fairfax County Public Schools, Frankfurt Airport, Intesa Sanpaolo, JohnsonDiversey, Leesport Financial Corp., Lufthansa, New York City Transit, Royal Philips Electronics and Toll Brothers.
"End-to-end, secure identity and access management (IAM) within a distributed systems infrastructure is a key goal of most organizations today," said Sally Hudson, research director, Security Products and Services of IDC. "Novell has grown its identity and security management products steadily over the past several years and is constantly working to extend the capabilities of its identity and security product suite. The company has consistently held a leadership position in this market and is especially strong in the manufacturing, financial, healthcare and government sectors."
Cobb County School District Streamlines User Provisioning
Cobb County School District recently selected Novell to centralize its identity infrastructure and comply with Family Educational Rights and Privacy Act (FERPA) and the Health Insurance Portability and Accountability Act (HIPAA) for protecting student and faculty information. The second-largest school district in Georgia, Cobb County is located in North metro Atlanta, serves more than 107,000 students in 113 schools and employs 18,000 staff members. Cobb County School District has realized significant benefits from its identity deployment -- reduction in time spent on provisioning 125,000 users to 24 hours from two months, elimination of nearly 400 hours of password-related helpdesk calls per month, and automated identity management across multiple applications including its student information system, Novell(R) GroupWise(R), Oracle* and SQL* databases, Remedy, Mac* Open LDAP, Linux*, Microsoft* Windows* and Macintosh* platforms.
"Novell has delivered an automated, centralized identity system allowing us to meet compliance requirements and synchronize identity information across heterogeneous platforms and applications," said Chris Ragsdale, chief technology officer of Cobb County School District. "Manually creating and updating 125,000 accounts each year was a time-consuming and expensive project for us. By implementing Novell's identity and security management solutions, our school district has automated identity management, saving two months of manual effort and an estimated $150,000 per year."
Greater Baltimore Medical HealthCare Addresses Compliance Requirements
Greater Baltimore Medical HealthCare, another recent customer, consists of the Greater Baltimore Medical Center, a 292-bed acute care hospital serving nearly 22,000 inpatients and providing approximately 60,000 emergency room visits annually; Hospice of Baltimore; and the GBMC Foundation. GBMC has implemented Novell's identity and security management solutions to synchronize employee identity information among its clinical applications and provide single sign-on to a variety of applications, including Novell GroupWise, MEDITECH, Lawson HR, Kronos, Microsoft Active Directory*, Citrix* and the center's radiology system. GBMC now has the ability to track access to patient data based on user identity, helping the organization to comply with HIPAA requirements.
"Novell provided a comprehensive identity management solution that allows us to do everything we want to do," said Pat Duty, desktop manager at GBMC. "We get it all without having to purchase additional hardware and have been able to eliminate the problem of having a generic login to applications at GBMC, thus dramatically improving security and compliance."
Novell Identity and Security Management Solutions
Novell's identity and security management solutions are designed to help enterprises with their most pressing business challenges of reducing the risk of identity and data theft, streamlining IT administration, enforcing business policies and proving compliance with government mandates. Our broad portfolio of identity-based solutions operate in heterogeneous environments, supporting many platforms and applications, allowing companies to leverage their existing IT investments. Novell's identity and security management solutions -- which include Novell Identity Manager, Novell Access Manager(TM), Novell SecureLogin and Novell Sentinel(TM) -- work well independently or can be integrated as part of a complete security solution.
"Novell is continually adapting our identity solutions to meet our customers' most pressing business challenges, which today are governance, risk management and compliance," said Jim Ebzery, senior vice president of Identity and Security Management at Novell. "Novell makes it easier for our customers to automate and centralize their identity infrastructure by offering tools to simplify the deployment process, partnerships with specialized vendors to ensure an end-to-end identity infrastructure, and integration with our single sign-on and security information and event monitoring solutions to provide organizations with a holistic view of the people, processes and policies in their environment."
For more information about Novell's identity and security management solutions, visit http://www.novell.com/management/security.
About Novell
Novell, Inc. delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.
Novell and GroupWise are registered trademarks, BrainShare is a registered service mark, and Access Manager and Sentinel are trademarks of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.
Novell, Inc.
CONTACT: Charlotte Betterley of Novell, +1-781-464-8253, cbetterley@novell.com; or Amanda Munroe of SHIFT Communications, +1-617-779-1816, amunroe@shiftcomm.com, for Novell
Web site: http://www.novell.com/
Sesame Workshop Welcomes Novell to the NeighborhoodNovell helps non-profit educational company reduce costs by implementing ZENworks Asset Management and SUSE Linux Enterprise Server with Xen virtualization
SALT LAKE CITY, March 18 /PRNewswire-FirstCall/ -- (BrainShare(R) 2008) -- Novell today announced that Sesame Workshop, the non-profit educational organization behind the ground-breaking children's television program "Sesame Street," has selected Novell to streamline its hardware and software infrastructure. Using Novell(R) ZENworks(R) Asset Management, which provides a complete and accurate view of the organization's software licenses, inventories and usage, Sesame Workshop is now better able to comply with audit requests and properly manage its leasing contracts. By consolidating its Web server infrastructure using Xen* virtualization on SUSE(R) Linux Enterprise Server, Sesame Workshop is lowering server hardware costs, increasing flexibility and enabling its data center to dynamically respond to the needs of its business.
Improving Compliance with ZENworks Asset Management
"Novell ZENworks Asset Management is a good fit for us because it works across multiple platforms including Linux, UNIX*, Windows and Macintosh*," said Noah Broadwater, vice president of Information Services at Sesame Workshop. "With ZENworks Asset Management, we know exactly what is installed and where. Having a real-time inventory makes it easy for us to comply with software licensing requirements, as well as our leasing schedules."
As a non-profit educational organization, Sesame Workshop leases most of its desktops, laptops and servers. The organization selected Novell ZENworks Asset Management to automate the process of tracking hardware and software inventory. The policy-based asset management process has enabled the company to decrease the time it takes to inventory and distribute new equipment. With ZENworks Asset Management, the organization has reduced its inventory management time by 70 percent, freeing its small IT staff to focus on more strategic projects while ensuring the proper management of its licensing contracts. In addition, the organization is using Novell identity and security management solutions to provide more than 10,000 users with secure access to its intranet.
"Sesame Workshop needs technology solutions that help them focus on effectively and efficiently reaching millions of children, parents and educators," said Joe Wagner, senior vice president and general manager of Novell Systems and Resource Management. "With Novell ZENworks Asset Management, Sesame Workshop has simplified its asset management process and gained control over their software and hardware licensing, allowing them to cost-effectively fulfill their educational mission."
Reducing Cost with Xen Virtualization
Sesame Workshop also selected SUSE Linux Enterprise Server from Novell to run its Web infrastructure at roughly 15 percent of the cost of a proprietary solution. With the Xen virtualization built into SUSE Linux Enterprise Server, the company has reduced its Web server footprint by 80 percent and its hardware costs by 30 percent, because they can now use virtual Web servers to run multiple Web sites. By leveraging open source software, the organization has dramatically reduced its software costs, contributing to an overall IT budget reduction of 18 percent.
Sesame Workshop is also replacing its Sun* Solaris*, Microsoft* Windows* and Debian servers with SUSE Linux Enterprise Server. Since migrating to Linux*, the company has demonstrated dramatic improvement in its Web performance as its home page load time decreased by 130 percent.
"Instead of paying for proprietary hardware with UNIX, we can now get competitive pricing from all the major hardware vendors," Broadwater said. "Moving to SUSE Linux Enterprise Server gives us the robustness of Linux, as well as the option to run whatever open source tools best fit our business. The cost savings are incredible."
Roger Levy, Novell senior vice president and general manager of Open Platform Solutions, said, "By leveraging Xen virtualization in SUSE Linux Enterprise Server, Sesame Workshop achieves high performance at a lower cost than proprietary virtualization software. We're pleased to be part of the Sesame Workshop neighborhood and are thrilled they are using the entire suite of Novell software -- from Linux to asset management to identity management -- to increase flexibility in their data center and lower costs, so they can focus on their core business of educating children around the globe."
About Novell
Novell, Inc. delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.
Novell, SUSE and ZENworks are registered trademarks and BrainShare is a registered service mark of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.
Novell
CONTACT: Kerry Adorno of Novell, +1-781-464-8042, kadorno@novell.com; or Danielle Mancano of SHIFT Communications, +1-617-779-1834, dmancano@shiftcomm.com, for Novell
Web site: http://www.novell.com/
StratoComm Briefs FAA for First Stratospheric Flight
EATONTOWN, N.J., March 18 /PRNewswire-FirstCall/ -- StratoComm Corporation met, in Washington, D.C., with the FAA (Federal Aviation Agency) to inform of plans for its first stratospheric lighter-than-air test flight. StratoComm's first stratospheric test is scheduled for the third quarter of this year.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071024/NYW094LOGO )
The purpose of the briefing was to make the FAA aware of StratoComm's overall stratospheric development program, the schedule for its completion, its preparations for launch and to elicit expectations that the FAA may have for StratoComm's overall development plans.
Also included in the briefing was StratoComm's long-term roadmap inclusive of subsequent test flight vehicles leading to completion of the final commercially viable vehicle and its certification for flight and operation.
StratoComm is presently evaluating various test sites both in the U.S. and elsewhere throughout its target market. A final decision as to test site location will be made during the second quarter of 2008.
StratoComm Corporation is a developer and provider of telecommunications infrastructure technologies with a specific focus to the delivery of ubiquitous and cost sensitive communication services to the developing world. The company is further committed to the allocation of a portion of each system's service capacity for the provision of low cost/no cost social and economic outreach programs.
Safe Harbor Disclosure - This Press Release contains or incorporates by reference "Forward-looking statements," including certain information with respect to plans and strategies of StratoComm Corporation. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including StratoComm Corporation beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to StratoComm Corporation as of such date. There are a number of important factors that could cause actual events or actual results of StratoComm Corporation and its subsidiaries to differ materially from those indicated by such forward looking statements.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071024/NYW094LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
StratoComm Corporation
CONTACT: Roger D. Shearer, CEO of StratoComm Corporation, +1-518-608-8940, ext. 15, info@stratocommcorporation.com
Web site: http://www.stratocommcorporation.com/
TAT Technologies Ltd. Announces That it has Been Informed by its Controlling Shareholder, TAT Industries Ltd., That it Intends to Purchase Shares of the Company
GEDERA, Israel, March 18 /PRNewswire-FirstCall/ -- TAT Technologies Limited today announced that on March 16, 2008, the Board of Directors of its controlling shareholder, TAT Industries Ltd., authorized, the purchase by TAT Industries Ltd., of up to NIS 20,000,000 (approximately $5,800,000) of shares of the Company, which shares are traded on the Tel Aviv Stock Exchange and on the NASDAQ Capital Market. The Board approval is effective through July 31, 2008. The timing and amount of any shares purchased will be determined by the Company's management based on its evaluation of market conditions and other factors. The purchase program may be suspended or discontinued at any time.
About TAT Technologies Ltd.
TAT, together with its subsidiaries, is principally engaged in the manufacture, repair and overhaul of heat transfer equipment, such as heat exchangers, precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems, electronic equipment and other applications. In addition the company manufactures and overhauls aircraft accessories and systems such as pumps, valves, power systems, turbines, etc.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, and other risks detailed from time to time in its filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.
For further information, please contact:
Mr. Israel Ofen
Executive Vice-President and Chief Financial Officer,
TAT Technologies Ltd.,
+972-8-859-5411.
TAT Technologies Ltd
CONTACT: For further information, please contact: Mr. Israel Ofen Executive Vice-President and Chief Financial Officer, TAT Technologies Ltd., +972-8-859-5411
ROO Group Signs LOI to Acquire KameraAdvance Payment of $300,000
NEW YORK, March 18 /PRNewswire-FirstCall/ -- ROO Group (BULLETIN BOARD: RGRP) today announced that it had entered into a Content Distribution Agreement (CDA) with Kamera Content AB, providing for a collateralized and callable advance payment by ROO of US$300,000. The CDA provides ROO with an exclusive time period during which to fully negotiate the acquisition of Kamera. The binding CDA was signed between the companies on March 12, 2008, at the same time as the execution of a non-binding Letter of Intent (LOI) for the purchase of 100% of the capital stock of Kamera by ROO.
Kamera is privately held and based in Stockholm, Sweden, with certain back-office operations in Cairo, Egypt. Through its proprietary software and content distribution agreements, Kamera enables corporate clients such as Vodafone, MSN, Orange, Telefonica, O2, Hutchinson and China Mobile to deliver IPTV channels to their customers over mobile and online networks. Kamera's content library includes localized, ready-to-publish clips from ABC News, Associated Press (AP), SNTV and others, and its proprietary ingestion engine allows for video content to be transcoded into any mobile/digital format.
"We have recognized for some time that Kamera could benefit from associating itself with a more global platform," explained Henrik Eklund, chief executive officer of Kamera Content. "We believe that our strength in the Eurozone and our deep mobile TV experience will help bring about the overall vision for international IPTV enablement that ROO has set out for itself."
On an unaudited basis, Kamera generated approximately US$2.9 million of revenue in the 12 months ending December 31, 2007. Kamera management projects revenues of US$5.6 million in 2008.
Kaleil Isaza Tuzman, chairman and chief executive officer of ROO Group, commented, "Henrik and I have known each other for some time, and I have great respect for him and the Kamera team. Our companies have a like-minded approach to corporate clients. We value Kamera's European footprint, and the potential combination of ROO's interactive marketing and video enablement tools with Kamera's mobile distribution capabilities can give us the ability to offer a full-suite IPTV solution. While Kamera is currently generating a very small operating loss, we believe the immediate elimination of overlapping overhead costs will bring this loss to a gain position."
Isaza Tuzman continued, "The structure of the CDA gives us a great degree of flexibility and ensures ROO's exclusivity in the negotiation-as we move from LOI to a Definitive Agreement. If we decide to proceed with the acquisition of Kamera, we will do so with an upfront cash amount which can be paid out of treasury and the previously disclosed KIT Capital investment, without the need for any further equity financing. The current LOI also contemplates certain equity payments to Kamera at future dates- based on performance thresholds being met, and priced at future ROO common stock trading levels."
Unless otherwise amended, if either Kamera or ROO terminates the CDA before April 15, 2008, Kamera is obligated to pay back the cash advance in full plus an amount equal to an annual interest rate of 12 percent compounded daily, by June 30, 2008. The cash advance is also collateralized by Kamera's source code and a substantial number of Kamera's shares.
Conference Call:
It has been previously announced that management will hold an investor call on Wednesday, March 19, 2008 at 9:00am EDT/1:00pm GMT to discuss its current capital structure and management streamlining. Questions on the Kamera transaction will also be addressed. The call-in details are as follows:
Live dial-in information:
U.S. dial-in -- (888) 603-6873
International dial-in -- (973) 582-2706
Conference ID # -- 39876475
Replay dial-in information:
U.S. dial-in -- (800) 642-1687
International dial-in -- (706) 645-9291
Conference ID # -- 39876475
Investors can also access the call in a "listen only" mode via the Internet at http://www.kcsa.com/Audio.html. Please allow extra time prior to the call to visit the site and download any necessary audio software.
About ROO
ROO Group Inc. (BULLETIN BOARD: RGRP) , through its 100% subsidiary ROO Media Corporation, is a global service provider enabling businesses to leverage their digital media assets and provide an enhanced user experience. The Company's proprietary platform and content management system, the ROO Video Exchange, and a suite of related products, allows web sites and their advertisers to organize video content, target advertising and maximize views. ROO is the service provider of choice for companies seeking enterprise level solutions and effective strategies for monetizing digital media assets. The Company also operates an advertising agency business specializing in a variety of media services including direct marketing, brand planning and identity, media buying and packaging. ROO has offices in New York, London, Dubai and Melbourne, Australia. For additional information, please visit http://www.roo.com/.
About Kamera
Kamera works with the Associated Press, Disney-ABC, SNTV, and other blue- chip content owners to package and distribute an extensive array of time- sensitive, IPTV content which is carried by over 70 online corporate customers and 40 mobile carriers worldwide. Kamera's headquarters are in Stockholm, with local offices in Singapore and Cairo. For additional information, please visit http://www.kamera.com/.
Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of ROO Group, Inc. could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rates and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.
ROO Group
CONTACT: Investor Relations, Todd Fromer, +1-212-896-1215, tfromer@kcsa.com; or Public Relations, Lewis Goldberg, +1-212-896-1216, lgoldberg@kcsa.com, both of KCSA Strategic Communications for ROO Group
Web site: http://www.roo.com/ http://www.kamera.com/
On The Go Healthcare Sells VAR Business to Wireless and Internet Space Development Leader FTS Group
CONCORD, Ontario, March 18 /PRNewswire-FirstCall/ -- On The Go Healthcare, Inc. (OTC Bulletin Board: OGOH; 'OTG' 'the Company'), a leading multi-industry computer hardware, software and systems integrator, announced today that after more than four industry award-winning and revenue-rich years, the Company has sold its Value Added Reseller ('VAR') business unit to Tampa, FL based FTS Group (BULLETIN BOARD: FLIP) . The terms of the sale, in the amount of $4 Million, consist of the assumption of OTG supplier debt as well as a Note receivable from FTS.
During the next 90 day period, On The Go intends to clear its Accounts Receivable line with Laurus Funds in full from the collection of all its corporate receivables, and eliminate all other outstanding debt obligations, re-establishing the Company as debt-free. On The Go will be moving forward in a new business venture, to be announced at a later date as the business plan is more fully developed.
Since 2002, FTS Group has been focused on acquiring, developing and investing in cash flow positive businesses and viable business ventures, primarily those in the technology, wireless and Internet space. The Company functions as a holding Company and has built its revenue stream during this period from just over $100K in 2003 to over $7 Million in 2007. FTS generates revenue through its three wholly owned subsidiaries; See World Satellites, inc., Elysium Internet, Inc. and FTS Wireless, Inc. The Company has formed a new subsidiary Company called OTG Technologies Group, Inc. to facilitate the asset purchase. Additionally FTS Group has named its current COO and director Mr. David Rasmussen to lead up the new venture. Effective immediately Dave will become the Chairman and CEO of OTG Technologies Group, Inc.
The sale is of mutual benefit. Since October, 2003, On The Go has built a business that has grown substantially in product offering, customer service that has been consistently and widely acknowledged by the IT industry, and year-over-year revenue. The transition will not only allow the Company to build another business platform as strongly and as effectively as that of OTG, but do so with a higher-margined product focus and in a debt-free fashion. In turn, FTS Group is able to provide the existing hardware and software solution packages ample US distribution -- via its strategic partnerships -- a geographical and professional market that OTG has worked diligently to establish, particularly in the healthcare diagnostic arena.
OTG CEO Stuart Turk commented, "On The Go, its business directive and strength of growth over the past number of years, has brought me and my team much satisfaction. We learned and haven taken a great deal of acumen away with us ... and it's that which we plan to instill into the new business venture. We look forward to re-launching with a clean slate, and a solid new opportunity for strong shareholder appreciation."
FTS Group CEO Scott Gallagher added, "I've watched Stuart Turk build OTG into an IT powerhouse over recent years in what has been at times a very trying environment for micro-cap public Companies both from a funding and regulatory perspective. We plan to build on the tremendous team and overall organization Stuart has put together to create a high growth, profitable, multinational IT Company." Gallagher continued, "Dave's career experience in the IT space at GE and other leading fortune 500 Companies will be an invaluable asset to the future growth of the new Company. Together with the experienced team I'm confident OTG will become the successful, profitable Company we all want it to be.
About FTS Group, Inc.
FTS Group, Inc. (BULLETIN BOARD: FLIP) is a publicly traded acquisition and development Company focused on acquiring, developing and investing in cash flow positive businesses and viable business ventures primarily those in the Technology, Wireless and Internet space. The Company generates revenue through its three wholly owned subsidiaries; See World Satellites, Inc., FTS Wireless, Inc. and Elysium Internet, Inc. For additional information about FTS Group, Inc. or any of its wholly owned subsidiaries please review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.sec.gov/ or contact the Company at the e-mail or phone number below.
About On The Go Technologies Group
On The Go Technologies Group is a North American corporation focused on acquiring versatile and profitable companies in the IT sector. OTG and its divisions: OTG Enterprise, catering to Fortune 1000 and SME clientele and vendors such as HP, Apple, IBM, Viatronix, Extreme Networks and Adobe; OTG Digital Media & OTG Creative, prominent systems integrators in the U.S. and Canadian digital entertainment industry; OTG Healthcare, compiling digital solutions and networks for the diagnostic medical community; OTG Research, providing solutions to the education, funding and research communities; and in-house multimedia studio Go Motion + Design, have established themselves as a respected and sought after industry competitors. The Company's intention is to maintain sustained growth in the years to come via continued organic development in its existing divisions and an aggressive acquisition schedule.
For more information, visit http://www.otgtech.com/ or http://www.otgtech.com/video.
To view a company profile, visit http://www.otgtech.com/pp.pdf . To be added to On The Go Technologies Group's e-mail list for company news, visit http://www.otgtech.com/new_site/inv_pkg_form.htm .
This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as "expects," "believes," "anticipates" and "intends." Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company's ability to finance its planned expansion efforts; the company's ability to manage its planned growth; and changes in regulations affecting the company's business and such other risks disclosed from time to time in the company's reports filed with the Securities and Exchange Commission. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management's expectations, except as required by law.
Investor Relations Contact Information
Al Kau
(888) 795-3166 (California)
al@thesearchforvalue.com
FTS Group, Inc.
Contact:
http://www.ftsgroup.com/
Scott Gallagher, CEO
(727) 417-7807
FTSGroup@aol.com
On The Go Technologies Group; FTS Group, Inc.
CONTACT: Investor Relations, Al Kau, +1-888-795-3166, California, al@thesearchforvalue.com; or Scott Gallagher, CEO of FTS Group, Inc., +1-727-417-7807, FTSGroup@aol.com, both for On The Go Technologies Group
Web site: http://www.otgtech.com/ http://www.ftsgroup.com/ http://www.otgtech.com/pp.pdf
Veridigm Inc., Retains Prior AuditorThe Company Extends Ex-Dividend & Sets Revised Record Date
PACIFIC PALISADES, Calif., March 18 /PRNewswire-FirstCall/ -- Veridigm Inc. (BULLETIN BOARD: VRDG) . Veridigm management is pleased to announce the re-hiring of Michael F. Albanese, CPA, to serve as the Company independent auditor. Mr. Albanese is registered with PCAOB.
The Company announced an 18.5% stock dividend on 3/12/2008, with an ex-dividend date of March 31st 2008. The Board has elected to extend the ex-dividend date to 5/23/2008. The Company has updated its equity structure as follows:
-- Equity authorized 510,000,000. (*reserved 250,000,000)
-- 10,000,000 of 510,000,000 is authorized and reserved as preferred
shares.
-- There are 2,142,000 preferred shares issued and outstanding.
-- Each preferred share votes one hundred common shares. The preferred
shares are convertible after the appropriate restriction period has
elapsed at a ratio of ten to one.
-- The Company uses the fully diluted equity for all voting calculations.
-- The Company maintains the ledger *reserve account of 250,000,000 shares
within the authorized to maintain integrity of the fully diluted voting
capacity.
-- There are 5,552,171 shares of Veridigm Inc., common stock issued and
outstanding. 467,244 and 5,000,000 are common restricted shares issued
and held only in ledger or certificate form for the benefit of
officers, directors and affiliated shareholders.
-- Approximately 0.79% of the issued and outstanding common shares trades
as free trading shares.
Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain '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. When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'may,' 'intend,' 'expect' and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance
Veridigm Inc.
CONTACT: Andrew Wilcox, Investor Relations, Veridigm Inc., 1-888-646-5677
TAT Technologies Ltd. Announces That its Board of Directors has Approved the Formation of a New Subsidiary That Will Hold all of the Assets of its Aviation Equipment Manufacturing and Repair Businesses
GEDERA, Israel, March 18 /PRNewswire-FirstCall/ -- TAT Technologies Limited today announced that on March 16, 2008, the Board of Directors of the Company approved the formation of a new wholly-owned subsidiary that will focus on the manufacture and repair of aviation related equipment and aircraft accessories. The Company will transfer all of its assets, rights, equipment, intangible assets, operations, liabilities and goodwill relating to this business activity to the new subsidiary. The completion of the transfer of assets will be contingent upon the transfer and assignment of key permits used by the Company in connection with its operations, as well as the procurement of certain approvals and permits from Israeli authorities with respect to the transfer of employees, and the transfer to the new subsidiary of the Company's existing tax benefits. The company expects that such transfer will be exempt from tax under the Israeli Tax Ordinance. as long as the Company and its new subsidiary will comply with the following requirements in connection with dispositions of the assets and issuances of the subsidiary's shares to third parties:
(a) For two years from the consummation of the transfer the Company will not dispose of more than 10% of its holdings in the new subsidiary (subject to dilution of Company's holdings in the the subsidiary of up to 51% as a result of a public offering of the subsidiary taking into account dilution under sub-section (c) below));
(b) For two years from the consummation of the transfer, the new subsidiary will not dispose of the assets transferred to it;
(c) For two years from the consummation of the transfer the subsidiary will not issue shares to any third party such that such third party's holdings will exceed 25% of its outstanding share capital.
Mr. Israel Ofen, the Company's Chief Financial Officer stated in connection with the formation of the new subsidiary that:" we believe that the establishment of the new subsidiary is important to the Company as it will enable the Company in the future to concentrate its entire aviation operations in one entity."
Upon the execution of the agreement and fulfilling the various conditions precedent stated therein the Company will issue a press release.
About TAT Technologies Ltd.
TAT, together with its subsidiaries, is principally engaged in the manufacture, repair and overhaul of heat transfer equipment, such as heat exchangers, precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems, electronic equipment and other applications. In addition the company manufactures and overhauls aircraft accessories and systems such as pumps, valves, power systems, turbines, etc.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, and other risks detailed from time to time in its filings with the Securities and exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.
For further information, please contact:
Mr. Israel Ofen
Executive Vice-President and Chief Financial Officer
TAT Technologies Ltd.
+972-8-859-5411
TAT Technologies Ltd
CONTACT: For further information, please contact: Mr. Israel Ofen, Executive Vice-President and Chief Financial Officer, TAT Technologies Ltd., +972-8-859-5411
Nectar Signs ROI Networks as New Channel PartnerDemand for Nectar services accelerates growth of company's channel program
ORLANDO, Fla., March 18 /PRNewswire/ -- VoiceCon Booth 1105 -- Nectar Services Corp., an IP communications and management services provider, and wholly owned subsidiary of Juma Technology Corp. (BULLETIN BOARD: JUMT) , today welcomed ROI Networks, Inc. as the newest member of its rapidly growing Channel Program.
Nectar's Enterprise Session Management (ESM), Hosted Telephony Services (HTS), and Converged Management Platform (CMP) provide the company's channel partners with compelling solutions that add value and help drive additional revenue.
ROI Networks, headquartered in southern California, has been designated as a Platinum Nectar Partner. ROI Networks is an Avaya Gold BusinessPartner that is focused on delivering total communications solutions to its customers.
Jeff Hiebert, President of ROI Networks, said that Nectar's Converged Management Platform was the driving force that solidified the partnership. "The Nectar team totally understands our business," said Hiebert. "The Nectar services platforms are focused on what our company needs to build out a best- in-class managed services suite and offer more innovative, value-added services to our customers."
Hiebert said that as a systems integration company specializing in VoIP, his team recognized a market need and customer demand for an advanced network management and converged monitoring platform that would enable their customers to quickly isolate problems that affect their business.
"After reviewing numerous managed services providers, platforms and tools, we found that they all fall short of what our clients really needed to manage the complex, converged network." ROI Networks considered the option of developing a platform in-house until they were introduced to Nectar's Converged Management Platform. "Adding the Nectar solution to our portfolio was by far the best and most cost-effective option for us and our clients."
"We are extremely excited about embarking on this new partnership. The Nectar suite of products is a perfect complement to our comprehensive solution offering," said Hiebert.
David Giangano, President of Global Channels for Nectar, welcomed the team at ROI Networks.
"The Nectar Channel Program has really taken off," said Giangano. "Enlisting ROI Networks as a Nectar partner truly speaks volumes for our Channel program and service platforms. Jeff Hiebert is highly respected as a leading voice in the industry. Our partnership with ROI Networks is an affirmation of our services and their value-added differentiation in this market space," continued Giangano. "We look forward to working with Jeff and his team at ROI to satisfy an enormous market appetite with solutions that will transform this industry."
About Nectar Services Corp.
Nectar (http://www.nectarcorp.com/), formally AGN Networks, is an IP communications and management services provider that preserves customer investments in existing telecommunications systems while transitioning to VoIP. Nectar, a subsidiary of Juma Technology Corp (BULLETIN BOARD: JUMT) , provides Enterprise Session Management (ESM), Hosted Telephony Services (HTS) and a Converged Management Platform (CMP). Nectar's innovative solutions deliver significant cost savings, inherent business continuity, intelligent call-routing and the centralization of both applications and management. Nectar is a Platinum member of the Avaya DevConnect program.
About ROI Networks, Inc.
ROI Networks is a systems integrator focused on communication solutions that enable our customers and partners to succeed. These solutions are centered on our customers business needs and are intended to improve communication throughout the enterprise, while providing quantifiable business results. We do this through a blending of equipment, software, services and support in a way that leverages organizations existing investments, while improving the flow of communication throughout the organization.
Nectar Services Corp.
CONTACT: Melissa Nacerino of Nectar Services Corp., +1-646-291-8264, mnacerino@nectarcorp.com
Web site: http://www.nectarcorp.com/ http://www.jumatechnology.com/
Perot Systems and ChinaSoft to Pursue Chinese Healthcare Opportunities
PLANO, Texas, March 18 /PRNewswire-FirstCall/ -- Perot Systems Corporation and ChinaSoft International (HK8216) today announced that they have agreed to cooperatively develop mutually beneficial opportunities in the Chinese Healthcare market.
"Perot Systems is excited about the opportunity to take our broad Healthcare IT expertise into the international marketplace, and our intent is to deepen our relationship with ChinaSoft in order to evaluate and pursue opportunities that are available in China," said Chuck Lyles, president of Perot Systems' Healthcare industry group.
"ChinaSoft International is perceived as the window into China for global corporations. We are trying to build the platform for interacting between Chinese and global markets. I believe the agreement between Perot Systems and ChinaSoft International will improve our mutual development," said Dr. Chen Yuhong, CEO of ChinaSoft International.
About ChinaSoft International
ChinaSoft International Ltd., is a Hong Kong-listed public company (HK8216) which is one of the largest China-based information technology outsourcing (ITO) service and software companies. With over 4,600 employees worldwide, ChinaSoft International Ltd. is dedicated to becoming the No. 1 platform of industry integration, interaction between China and global markets and talent supply chain in China. Additional information on ChinaSoft International is available at http://www.icss.com.cn/.
MEDIA CONTACT:
PEROT SYSTEMS CORPORATION
Jonathan Moss
+ 1 972 577 6395
jonathan.moss@ps.net
Yolanda Yin Tel (86-10)82861666-6265
Email yinyp@icss.com.cn
Address: North Wing 12/F, Raycom Infotech Park Tower C, No.2 Kexueyuan
Nanlu Haidian District, Beijing 100080, PRC
About Perot Systems
Perot Systems is a worldwide provider of information technology services and business solutions. Through its flexible and collaborative approach, Perot Systems integrates expertise from across the company to deliver custom solutions that enable clients to accelerate growth, streamline operations and create new levels of customer value. Headquartered in Plano, Texas, Perot Systems reported 2007 revenue of $2.6 billion. The company has more than 23,000 associates located in North America, Europe, MENA and Asia. Additional information on Perot Systems is available at http://www.perotsystems.com/.
This press release contains forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. For factors that could affect our business and cause actual results to differ materially, please refer to our Annual Report on Form 10-K for the fiscal year ended December 31, 2007, as filed with the U.S. Securities and Exchange Commission and available at http://www.sec.gov/, as updated in our Quarterly Reports on Form 10-Q filed after such Form 10-K, for additional information regarding risk factors. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise.
Perot Systems Corporation
CONTACT: Jonathan Moss of Perot Systems Corporation, +1-972-577-6395, jonathan.moss@ps.net; or Yolanda Yin of ChinaSoft International, (86-10)82861666-6265, yinyp@icss.com.cn
Web site: http://www.perotsystems.com/ http://www.icss.com.cn/
Company News On-Call: http://www.prnewswire.com/comp/122686.html
Sterling Savings Bank Implements Integrated Teller Deposit Automation Using Full-Service Banking (FSB) Solutions TellerAdvanced solution results in money saving processes and improved customer service
WEST HILLS, Calif., March 18 /PRNewswire-FirstCall/ -- Full-Service Banking (FSB) Solutions, a leading provider in branch automation and lending origination products and services and a division of S1 Corporation , today announced that Sterling Savings Bank -- a subsidiary of Sterling Financial Corp. and a leading commercial bank in the Western U.S. -- is implementing fully integrated front counter Teller Deposit Automation. The solution automatically reads and captures transaction data and item images, improving transaction time and giving branch personnel more face-to-face interaction with customers.
The solution is now being rolled out to Sterling's 178 branches as part of their continuous improvement business strategy to increase revenue, reduce costs and enhance customer service by truncating paper checks and eliminating paper at the first point of presentment. The complete end-to-end software solution features seamless integration of FSB Teller with Open Solution's TotalPLUS core processing platform, Goldleaf's image capture technology, and Orbograph's IQUA and image recognition.
According to Kade Peterson, SVP and banking support director at Sterling, "This solution set provides an important competitive advantage for us to reduce unit costs while improving our customer experience. Our ability to reduce data entry at the teller station and focus on our customers gives us that opportunity. The tight integration with FSB Teller was critical to making this happen."
Bob Pill, General Manager of FSB-Solutions, agrees. "To truly achieve the results we were looking for, we needed to understand what would bring about the best return on our client's investment. The seamless interface we provide for Teller Deposit Automation ensures that our client's teller lines will not only continue uninterrupted, but will actually see increased efficiencies."
"This solution really changes the face of retail banking," Peterson added. "FSB has proven their expertise, ability to deliver quality and on-time product, and eagerness to work so well with our other business providers to deliver what we needed."
About Sterling
Located in Spokane, WA, Sterling Savings Bank has 178 depository branches located throughout Washington, Idaho, Oregon, Montana and California. The Washington-state chartered commercial bank, which opened in 1983 as a stock savings and loan association, has $12 billion in assets and more than 2,500 employees.
Sterling Financial Corporation is a bank holding company, of which the principal operating subsidiaries are Sterling Savings Bank and Golf Savings Bank. Sterling Savings Bank is a Washington State-chartered, federally insured commercial bank, which opened in April 1983 as a stock savings and loan association. Sterling Savings Bank, based in Spokane, Washington, has financial service centers throughout Washington, California, Oregon, Idaho and Montana. Through Sterling Savings Bank's wholly owned subsidiaries, Action Mortgage Company and INTERVEST-Mortgage Investment Company, it operates loan production offices throughout the western region. Sterling Savings Bank's subsidiary Harbor Financial Services provides non-bank investments, including mutual funds, variable annuities and tax-deferred annuities and other investment products through regional representatives throughout Sterling Savings Bank's branch network.
About FSB-Solutions
FSB-Solutions is an industry leader in branch automation and lending origination products and a division of S1 Corporation . FSB- Solutions' products are currently installed in over 1,000 financial institutions at some 100,000+ workstations. FSB-Solutions combines the strengths of two great product suites, FSB Branch Automation and FSB Lending Solutions, with a robust development, support, and services organization dedicated to superior customer care and the delivery of value-generating Branch Automation and Credit Origination solutions for the financial industry. Additional information about FSB-Solutions is available at http://www.fsb-solutions.com/ or by phone at 818.577.2229.
About S1 Corporation
S1 Corporation delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB-Solutions. Additional information about S1 solutions is available at http://www.s1.com/, http://www.postilion.com/, http://www.s1enterprise.com/, and http://www.fsb-solutions.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at http://www.s1.com/ or the SEC's web site at http://www.sec.gov/) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.
FSB-Solutions
CONTACT: Karen Walker, +1-818-577-2229, karen.walker@fsb-solutions.com, or Andy Mosley, +1-407-921-9147, andy.mosley@fsb-solutions.com, both of FSB- Solutions
Web site: http://www.fsb-solutions.com/ http://www.s1.com/ http://www.s1enterprise.com/ http://www.postilion.com/
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