Stinger Systems Contracts with Dr. Wayne McDaniel for Medical Studies and Consulting
Gene Newton, CEO of RCC Holdings Corp Creates Personal Wall on Wallst.net's Financial Social Community, http://my.wallst.net
NEW YORK, March 26 /PRNewswire-FirstCall/ -- Gene Newton, CEO of RCC Holdings Corp. (Pink Sheets: RCCH) (http://www.rccholdings.com/) will be updating the investment community through his personal profile on MyWallSt.net, available at http://www.wallst.net/. The dynamic profile will include exclusive interviews with Gene Newton, company blogs on which investors can comment, his personal stock watchlist, photos of company products and links to recent press.
Visit Gene Newton's profile on Mywallst.net at http://my.wallst.net/profile.php?ID=7307.
Stay updated about RCC Holdings Corp, ask Gene a question, post a comment on his personal page, join RCC Holdings' message board to discuss company activity with other interested parties, "invest" in RCCH.PK through the Rookie Challenge and join his financial social network today.
About WallSt.net:
http://www.wallst.net/ is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. (http://www.financialmediagroupinc.com/). The Web site is a leading provider of timely business news, executive interviews, multimedia content, and research tools. Financial Media Group, Inc. also owns http://my.wallst.net/, a financial social network for investors, and Financial Filings Corp. (http://www.financialfilings.com/), a provider of compliance solutions to publicly traded companies. In addition to WallSt.net, WallStreet Direct, Inc. owns and operates WallStRadio (http://www.wallstradio.com/), a business and finance podcast Web site.
About RCC Holdings Corp.:
RCC Holdings Corp. (Pink Sheets: RCCH) through acquisitions offers consulting, financing and overall business structure in the public and private equity sectors. The Company specializes in finding undervalued small cap and microcap companies with exciting products, services or technology that are poised for explosive growth. RCC Holdings Corp. provides these companies with guidance and strategic counseling to help them succeed.
The company's mission is to create value for its shareholders by applying strong technical expertise to strategies that will unlock substantial oil and gas resources in areas where production can be achieved quickly and efficiently.
For more information, please visit http://www.rccholdings.com/.
Contact: RCC Holdings Corporation
909.483.6500
rccholdings@rccholdings.com
RCC Holdings Corporation
CONTACT: RCC Holdings Corporation, +1-909-483-6500,
rccholdings@rccholdings.com
Web site: http://www.rccholdings.com/
http://www.wallst.net/
Thomson Shareholders Approve Acquisition of ReutersReuters Shareholders Also Approve Acquisition; Transaction Expected to Close on April 17, 2008
STAMFORD, Conn., March 26 /PRNewswire-FirstCall/ -- The Thomson Corporation (NYSE: TOC; TSX: TOC), a leading provider of information solutions to business and professional customers worldwide, today announced that its shareholders overwhelmingly approved the proposed acquisition of Reuters Group PLC at a special meeting held today in Toronto.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020227/NYW014LOGO )
In separate meetings held today in London, Reuters shareholders also overwhelmingly approved the transaction. Thomson and Reuters will each now seek court approvals in Canada and the United Kingdom, respectively. The acquisition is expected to close on April 17, 2008.
The Thomson Corporation
The Thomson Corporation (http://www.thomson.com/) is a global leader in providing essential electronic workflow solutions to business and professional customers. With operational headquarters in Stamford, Conn., Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research and healthcare. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
The directors of Thomson accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors of Thomson (who have taken all reasonable care to ensure such is the case), the information contained herein for which they accept responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information.
DEALING DISCLOSURE REQUIREMENTS
Under the provisions of Rule 8.3 of the Takeover Code (the 'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in 1% or more of any class of 'relevant securities' of Thomson or of Reuters, all 'dealings' in any 'relevant securities' of that company (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the acquisition of Reuters becomes, or is declared, unconditional, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an 'interest' in 'relevant securities' of Thomson or Reuters, they will be deemed to be a single person for the purpose of Rule 8.3.
Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant securities' of Thomson or Reuters by Thomson or Reuters, or by any of their respective 'associates', must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction.
A disclosure table, giving details of the companies in whose 'relevant securities' 'dealings' should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at http://www.thetakeoverpanel.org.uk/. 'Interests in securities' arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an 'interest' by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.
Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a 'dealing' under Rule 8, you should consult the Panel.
CAUTIONARY NOTE CONCERNING FACTORS THAT MAY AFFECT FUTURE RESULTS
This news release includes forward-looking statements that are based on certain assumptions and reflect the Corporation's current expectations. Forward-looking statements include the Corporation's belief that the Reuters acquisition will close on April 17, 2008. The closing of the transaction is subject to approval by courts in Ontario, Canada and the United Kingdom. Forward-looking statements in this news release are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These risks and uncertainties include the failure of the courts to approve the proposed transaction. Some of the other factors that could cause actual results or events to differ materially from current expectations are discussed in the Corporation's materials filed with the securities regulatory authorities in Canada and the United States from time to time, including the Corporation's management information circular dated February 29, 2008 for the special meeting of shareholders held on March 26, 2008, and its latest annual information form, which is also contained in its most recently filed annual report on Form 40-F. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by applicable law, rule or regulation.
This document does not constitute an offer for sale of any securities or an offer or an invitation to purchase any such securities. Documents relating to the proposed transaction have been furnished by Thomson and Reuters to the SEC. Shareholders are urged to read such documents regarding the proposed transaction because they contain important information. Shareholders may obtain free copies of Thomson's and Reuters' respective circulars, as well as other filings containing information about the companies, without charge, at the SEC's website at http://www.sec.gov/, at the Canadian securities regulatory authorities' website at http://www.sedar.com/ (in the case of Thomson) and from Thomson and Reuters. These documents are also available for inspection and copying at the public reference room maintained by the SEC at 100 F Street, N.E., Washington, D.C. 20549, United States. For further information about the public reference room, call the SEC at 1-800-732-0330. The Reuters circular, which constitutes an offer document of Thomson for the purposes of the UK Takeover Code, is also available for inspection during usual UK business hours on Monday to Friday of each week (UK public holidays excepted) at the registered office of Reuters, being The Reuters Building, South Colonnade, Canary Wharf, London E14 5EP, United Kingdom, from the date of this news release until the closing of the transaction.
Media Contact:
Fred Hawrysh
Global Director, External Communications
(203) 539-8314
fred.hawrysh@thomson.com
Investor Contact:
Frank J. Golden
Vice President, Investor Relations
(203) 539-8470
frank.golden@thomson.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020227/NYW014LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
The Thomson Corporation
CONTACT: Media - Fred Hawrysh, Global Director, External Communications,
+1-203-539-8314, fred.hawrysh@thomson.com, or Investor - Frank J. Golden, Vice
President, Investor Relations, +1-203-539-8470, frank.golden@thomson.com
Web site: http://www.thomson.com/
http://www.thetakeoverpanel.org.uk/
Lockheed Martin Team Achieves Major Milestone on U.S. Navy's Mobile User Objective SystemFirst satellite on schedule for on-orbit hand over in 2010
SUNNYVALE, Calif., March 26 /PRNewswire/ -- Lockheed Martin has achieved a key milestone in the development of the Mobile User Objective System (MUOS) with the successful completion of static loads testing of the first satellite in the program constellation. MUOS will provide significantly improved and assured communications for U.S. mobile warfighters.
The test, which validated the satellite's strength and ability to sustain its launch weight of over 13,000 pounds, was conducted by a team of engineers from Lockheed Martin Space Systems, Newtown, Pa., and ATK, Corona, Calif. The successful test demonstrated with high confidence that the structure can carry the physical loads it will experience during the satellite's manufacturing, launch and operation in geosynchronous orbit.
MUOS satellites will be the largest of Lockheed Martin's flight-proven A2100 spacecraft series. The first MUOS satellite along with the associated ground system are scheduled for on-orbit hand over to the Navy in 2010.
"Successful completion of this critical test is testimony to the team's commitment to successful, on-schedule program execution for our customer," said Paul Scearce, Lockheed Martin's vice president and MUOS program manager. "MUOS spacecraft will deliver significantly improved connectivity and we look forward to providing this new capability to the mobile warfighter."
The team is now preparing to deliver the spacecraft core structure to Lockheed Martin's Mississippi Space & Technology Center at the John C. Stennis Space Center, while the panels and other components will be shipped to the company's facilities in Newtown for the start of payload integration. The MUOS core propulsion structure and the integrated payload module are scheduled for delivery to Sunnyvale later this year for the start of final assembly, integration and test.
Lockheed Martin Space Systems, Sunnyvale, Calif., prime contractor and systems engineering lead for the MUOS program, is under contract to design, build and deploy the first two MUOS satellites and the associated MUOS ground system. The Navy's Program Executive Office for Space Systems, Chantilly, Va., and its Communications Satellite Program Office, San Diego, Calif., are responsible for the MUOS program. The contract also provides for options on three additional spacecraft. With all options exercised, the contract for up to five satellites has a total potential value of $3.26 billion.
The Lockheed Martin MUOS team, which includes General Dynamics C4 Systems, Scottsdale, Ariz.; and Boeing Satellite Systems, El Segundo, Calif.; has been given the green light by the U.S. Navy and the DoD to proceed with follow-on MUOS spacecraft.
MUOS will provide significantly improved and assured communications for U.S. mobile warfighters. The Lockheed Martin design features state-of-the art third generation (3G) mobile technology that will deliver simultaneous voice and data services, as well as the ability to increase capacity and features over the life of the program.
Users of the current Ultra High Frequency Follow-On system will have improved service and complete interoperability with the MUOS legacy payload which ensures a smooth transition to the next generation of 3G mobile user equipment.
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion.
Media Contact: Steve Tatum, 408-742-7531;
e-mail, Stephen.o.tatum@lmco.com
Lockheed Martin
CONTACT: Steve Tatum of Lockheed Martin, +1-408-742-7531,
Stephen.o.tatum@lmco.com
Web site: http://www.lockheedmartin.com/
Diguang International Announces March 31 Conference Call and Webcast to Discuss Q4 and Fiscal Year 2007 Results
SHENZHEN, China, March 26 /Xinhua-PRNewswire-FirstCall/ -- Diguang International Development Co., Ltd. (BULLETIN BOARD: DGNG) ("Diguang"), an emerging, China-based leader in the manufacture of CCFL and LED backlights for the LCD display industry, today announced that it will conduct a conference call and webcast to discuss financial results for the fourth quarter and full fiscal year 2007, ended December 31, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )
The conference call and webcast will take place at 8:00 a.m. Eastern (U.S.) time on Monday, March 31, 2007. Anyone interested in participating should call 866-825-1692 if calling from within the United States, or 617-213-8059 if calling internationally; the passcode is 27736002.
There will be a replay available until April 7, 2008. To listen to the playback, please call 888-286-8010 if calling within the United States, or 617-801-6888 if calling internationally. Please use passcode 21547948 for the replay.
The event will also be webcast live through a link on the Company's web site at http://www.diguangintl.com/ , and a webcast archive will be available for 90 days. The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at http://www.earnings.com/ , Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents ( http://www.streetevents.com/ ), a password-protected event management site.
About Diguang International Development Co., Ltd.
Diguang, through its subsidiaries, specializes in the research, development, production, sale and distribution of backlights and backlight technologies. A backlight is the typical light source of a liquid crystal display (LCD). The Company is focused on providing LED and CCFL backlights for international producers of televisions, monitors, cellular phones, digital cameras, DVDs and other home appliances. Diguang currently develops an average of approximately 50 new products per month. Diguang is a Nevada corporation with its manufacturing subsidiary located in Shenzhen, PRC, and its sales and marketing subsidiary located in the British Virgin Islands.
For more information, please contact:
Company Contact:
T.C. Shen, Assistant to the President
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Investor Relations Contact:
Sean Collins, Senior Partner
CCG Elite
Tel: +1-310-477-9800 x202
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO
PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840
Diguang International Development Co., Ltd.
CONTACT: Company Contact: T.C. Shen, Assistant to the President of
Diguang International Development Co., Ltd., +1-626-593-5486; Or Investor
Relations Contact: Sean Collins, Senior Partner of CCG Elite, +1-310-477-9800
x202
Web site: http://www.diguangintl.com/
http://www.streetevents.com/
http://www.earnings.com/
CIBER Begins Information Technology Project With Connecticut Department of Environmental ProtectionTo Build and Implement a Web-Based Air Emissions Inventory System
HARTFORD, Conn., March 26 /PRNewswire-FirstCall/ -- CIBER, Inc. today announced that it was awarded a $2 million, six-year contract in January with the state of Connecticut Department of Environmental Protection (DEP) to implement a Web-based Air Emissions Inventory System to help the state monitor and manage pollutants regulated under the U.S. Clean Air Act. The new system will replace a custom-built IT system that relies on older technology and that has been in use at the department for many years. The new system will offer the advantages of updated technology, and will automate numerous manual, paper-based data collection processes.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010927/CBRLOGO)
The attention on global climate change and evolving federal Environmental Protection Agency (EPA) regulations are putting greater pressure on all states to more efficiently and cost effectively monitor and report on environmental concerns. The air quality solutions that CIBER develops for states help streamline processes, reduce costs, and increase regulatory compliance and visibility.
For Connecticut, CIBER will provide project management, analysis, design, development, and implementation services. Connecticut's new Air Emissions Inventory System will be based on one that CIBER built and implemented at the Pennsylvania Department of Environmental Protection, the third largest air quality program in the nation. Using Microsoft .NET technology, the system offers a greenhouse gas inventory system and comprehensive reporting of industrial, area, and mobile emissions.
The new system provides a comprehensive inventory that will integrate with the department's existing IT system, as well as with the federal EPA's IT systems. It will support public inquiries -- via the Internet -- into emissions data, and offers flexibility and scalability so it can evolve with the department's programs and changing state and federal regulations.
"Our ten years of experience helping the Pennsylvania Department of Environmental Protection have shown us the challenges and intricacies that state environmental agencies face in this area," said Ed Burns, President of CIBER's State and Local Government Division. "Managing environmental data and relationships with regulated facilities -- such as utilities and manufacturing plants -- is a big challenge for any state, and even more challenging with budget cuts and changing regulations. We're honored that CIBER was recognized as a leader in this area, and have been trusted with Connecticut's important environmental mission."
About CIBER, Inc.
CIBER, Inc. is a pure-play international system integration consultancy with superior value-priced services and reliable delivery for both private and government sector clients. CIBER's services are offered globally on a project- or strategic-staffing basis, in both custom and enterprise resource planning (ERP) package environments, and across all technology platforms, operating systems and infrastructures. Founded in 1974 and headquartered in Greenwood Village, Colo., CIBER now serves client businesses from over 60 U.S. offices, 25 European offices and seven offices in Asia/Pacific. Operating in 18 countries, with more than 8,000 employees and annual revenue over $1 billion, CIBER and its IT specialists continuously build and upgrade clients' systems to "competitive advantage status." CIBER is included in the Russell 2000 Index and the S&P Small Cap 600 Index. CIBER, ALWAYS ABLE. http://www.ciber.com/
Forward-Looking and Cautionary Statements
Statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the company's filings with the Securities and Exchange Commission. CIBER undertakes neither intention nor obligation to publicly update or revise any forward-looking statements. CIBER and the CIBER logo are trademarks or registered trademarks of CIBER, Inc. Copyright(C) 2008.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010927/CBRLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
CIBER, Inc.
CONTACT: Diane Stoner, Media Relations, dstoner@ciber.com, or Jennifer
Matuschek, Investor Relations, jmatuschek@ciber.com, both of CIBER, Inc.,
+1-303-220-0100
Web site: http://www.ciber.com/
ATK and Ad Astra Rocket Company Sign Technology Development Alliance
HOUSTON, March 26 /PRNewswire-FirstCall/ -- On March 17, Alliant Techsystems and the Ad Astra Rocket Company of Houston, Texas signed and executed a Technology Development Alliance designed to strengthen the market presence of the two companies and explore future in-space propulsion systems for lunar and planetary missions.
The new alliance will explore how the respective skill sets and capabilities of each company can work together to deliver customer solutions that neither could accomplish on their own. ATK is an industry leader in the production and integration of advanced launch systems and solid rocket motors while Ad Astra specializes in advanced plasma propulsion technologies for operation in the vacuum of outer space. The agreement recognizes that a synergistic coupling of the companies' existing and emerging expertise would result in a stronger, more competitive end-to-end solution to customer needs and requirements in the rapidly evolving commercial and civil space markets.
The agreement will facilitate the sharing of sufficient cost, technical and programmatic information in order to assess the teaming advantages that may present themselves on future launch vehicle and rocket propulsion projects.
"This relationship opens many exciting opportunities that could be addressed through our combined skill sets. We look forward to developing them to their full potential," said Franklin R. Chang Diaz, Ad Astra's Chairman and CEO.
"We see this as a natural extension of ATK's efforts, and a critical link to bridge the gap between existing high-thrust, low-specific impulse propulsion systems and low-thrust, high-specific impulse systems to meet a variety of applications," said Charles J. Precourt, Vice President for Strategy and Business Development for ATK Launch Systems.
About ATK
ATK is an advanced space systems company with annual revenues in excess of $4.1 billion that employs more than 17,000 people in 21 states. ATK provides innovative and cost-effective launch systems solutions to a broad range of customers. It is the world's leading manufacturer of rocket motor systems for human-rated and unmanned space launch vehicles, strategic missiles and missile defense interceptors. It serves both commercial and government customers, including prime contractors, NASA, the U.S. Air Force, U.S. Navy, U.S. Army and U.S. Missile Defense Agency.
About Ad Astra
Ad Astra Rocket Company is a privately-owned corporation established January 14, 2005 to commercialize the technology of the VASIMR(TM) engine, a plasma propulsion system originally studied by NASA with potential to support an emerging in-space transportation market. The company has its main laboratory and corporate headquarters at 141 W. Bay Area Boulevard in Webster, Texas, USA. Ad Astra also owns and operates Ad Astra Rocket Company, Costa Rica, a supporting research and development subsidiary in Guanacaste, Costa Rica.
Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: the expected results of technology development alliances, changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; and economic conditions. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.
Media Contacts:
ATK -- George Torres (801) 251-2819, george.torres@atk.com
Ad Astra -- Tim Glover (281)-526-0500, tim.glover@adastrarocket.com
ATK
CONTACT: George Torres of ATK, +1-801-251-2819, george.torres@atk.com;
or Tim Glover of Ad Astra, +1-281-526-0500, tim.glover@adastrarocket.com
Web site: http://www.atk.com/
Phonetime Strengthens Senior Management Team- Telecommunications Industry Veteran James Baumhart Appointed Senior VP and GM of Company's Wholesale Operation -
MISSISSAUGA, ON, March 26 /PRNewswire-FirstCall/ -- Phonetime Inc. (TSX: PHD), a leading supplier of international long distance telecommunications services, announced today that telecommunications industry veteran James A. Baumhart has been appointed to the newly created role of Senior Vice President and General Manager of Phonetime's worldwide wholesale business, Phonetime Network Inc.
"Mr. Baumhart brings a track record of success with both established and emerging telecommunications companies to the fastest growing segment of our business," said Wayne Silver, President and Chief Executive Officer, Phonetime Inc. "As we continue to build our wholesale business, Mr. Baumhart's extensive sales and operating leadership experience will be invaluable to driving additional sales growth and maximizing the efficiency of our business. In addition to broadening and strengthening the capabilities of our senior management team, the appointment of Mr. Baumhart will allow us to increase the focus of our existing leadership resources on the execution of our broader corporate growth strategy. We are very pleased to add Jim to our Management Team."
Mr. Baumhart has more than 25 years of experience in the telecommunications industry, including more than two decades in managerial and executive roles. Most recently, he served as Chief Executive Officer and Partner of UFL Corporation, a reseller of wholesale telecommunications services, where he represented more than 40 international and domestic telecom companies. Mr. Baumhart initiated key contracts with leading carriers in the domestic and international telecommunications markets. Prior, to UFL, Baumhart spent 19 years at MCI/Worldcom where he held increasingly senior roles, culminating in his appointment as Vice President of Wireless for Worldcom where he managed an operation of 180 staff. Mr. Baumhart is a graduate of Loyola University's School of Business.
About Phonetime
Established in 1994, Phonetime Inc. is a leading international supplier of wholesale long distance call delivery to large and small domestic and international carriers as well as providing retail international long distance telecommunication services for individual consumers and businesses. Phonetime is a publicly traded company and its common shares are listed on the TSX (TSX: PHD). Phonetime is licensed in Canada as a Class A International Carrier, and is a vertically integrated telecommunication provider of both wholesale and retail operations. Phonetime now has 125 staff located on six continents and has facilities in Canada, Europe, Africa and South East Asia. Its wholly owned subsidiaries and divisions include; Phonetime Network, with operations in Toronto and Florida offering International Long Distance to ILEC's CLEC's and PTT world-wide; Symphony Telecom, with operations in Oaktown, Virginia and Cape Town, South Africa, which offers "direct" telecommunications facilities to "hard to reach" but highly profitable routes in Africa and South East Asia; Call Select, with an 55-seat call centre in Vancouver, offers retail 1+ long distance home service to more than a dozen ethnic communities across Canada; Phonetime International operates one of Canada's largest private networks with 40 Points-of-Presence, covering 85% of Canada's population. Phonetime International sells its excess Canadian network capacity on a wholesale basis to major carriers world-wide, as well as distributing long distance calling cards via nearly 2,500 retailers across Canada.
The TSX Exchange has neither approved nor disapproved the contents of the
press release.
Caution Regarding Forward Looking Information:
This press release contains forward-looking statements within the meaning of securities laws, including the "safe harbour" provisions of the Ontario Securities Act and the United States Private Securities Litigation Reform Act of 1995. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "believe", "expect", "plan", "intend", "forecast", "target", "project", "may", "will", "should", "could", "estimate", "predict" or similar words suggesting future outcomes or language suggesting an outlook.
Forward-looking statements and information are based on current beliefs as well as assumptions made by and information currently available to Phonetime concerning anticipated financial performance, business prospects, strategies and regulatory developments. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks that predictions, forecasts, projections and other forward-looking statements will not be achieved. We caution readers not to place undue reliance on these statements as a number of important factors could cause the actual results to differ materially from the beliefs, plans, objectives, expectations and anticipations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to: incorrect assessments of value when making acquisitions; increases in debt service charges; fluctuations in foreign currency and exchange rates; inadequate insurance coverage; changes in tax laws; and Phonetime's ability to access external sources of debt and equity capital.
The foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Furthermore, the forward-looking statements contained in this press release are made as of the date of this press release, and Phonetime does not undertake any obligation to up-date publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Phonetime Inc.
CONTACT: Ian Hochberg, Director, Phonetime Inc., (416) 505-4382,
ian@phonetime.com; Wayne Silver, President & C.E.O., (905) 361-8304,
wayne@phonetime.com; Rodney Franklin, Chairman & C F O, (905) 361-8305,
rodney@phonetime.com
BD to Present at the Leerink Swann Molecular Diagnostics Roundtable Conference
FRANKLIN LAKES, N.J., March 26 /PRNewswire-FirstCall/ -- BD (Becton, Dickinson and Company) , a global medical technology company, announced today that it would present at the Leerink Swann Molecular Diagnostics Roundtable Conference on Thursday, April 3, 2008 at 10:10 a.m. (ET).
The live webcast of BD's presentation can be accessed from the BD corporate website at http://www.bd.com/investors and will be available for replay through Thursday, April 10, 2008.
BD, a leading global medical technology company that manufactures and sells medical devices, instrument systems and reagents, is dedicated to improving people's health throughout the world. BD is focused on improving drug therapy, enhancing the quality and speed of diagnosing infectious diseases, and advancing research and discovery of new drugs and vaccines. The Company's capabilities are instrumental in combating many of the world's most pressing diseases. Founded in 1897 and headquartered in Franklin Lakes, New Jersey, BD employs approximately 28,000 people in approximately 50 countries throughout the world. The Company serves healthcare institutions, life science researchers, clinical laboratories, industry and the general public. For more information, please visit http://www.bd.com/.
BD (Becton, Dickinson and Company)
CONTACT: Investor Relations, Patricia A. Spinella, +1-201-847-5453, or
Corporate Communications, Colleen T. White, +1-201-847-5369, both for BD
(Becton, Dickinson and Company)
Web site: http://www.bd.com/
http://www.bd.com/investors
Finotec Group, Inc. announced the release of its enhanced White Label solution
NEW YORK, March 26 /PRNewswire-FirstCall/ -- Finotec Group, Inc. (OTCBB: FTGI), an online foreign exchange company regulated by the FSA in the United Kingdom, has released its enhanced White Label solution for financial institutions. The White Label platform is being offered to traditional financial institutions, as well as established online trading firms, and institutions looking to enhance their trading business via state-of-the-art technology. The solution will benefit firms seeking to move their retail forex trading operations online, as well as those wishing to expand their product range. Finotec's technology can be adapted to suit market making, hedge funds/CTAs, spread trading, institutional retail and proprietary needs.
"The Finotec White Label Program is a smart solution for companies wishing to provide their clients with an advanced and easy-to-use trading system for forex, options, commodities, futures and CFDs on stocks and stock indices," says Didier Essemini, Chairman of the Board and CEO of Finotec Group, Inc. "With demand for forex trading reaching record highs, the Finotec White Label solution will help financial institutions enhance revenue generation and cater to their clients' trading needs in a professional and efficient manner."
Finotec's White Label program is a turn-key solution that is adaptable to the specific needs of the White Label client. It was built using Finotec's proprietary trading platform which delivers real-time pricing and executions, integrated charts, technical analysis tools, position management features, and news updates. The customizable user-interface is currently available in a number of languages, and can be adapted by White Label clients to target additional local markets and specific trading products, including some specialist regional domestic markets. The Finotec White Label solution also includes a full back-end solution including CRM, back-office, marketing applications, SMS alerts module, statistics and accounting module with real- time P&L reporting.
Finotec Group, Inc. http://www.finotec.com/
Finotec Group, Inc., a pioneer in online forex trading, developed an internet-based software platform that allows clients to trade in the foreign exchange market. In addition to offering online forex trading, Finotec also offers online trading in indices, equities, commodities, futures and options in one integrated user-friendly system. The Finotec online platform offers real-time pricing and a sophisticated charting tool with over 50 easy-to-use technical indicators.
---------------------------
Cautionary Statement under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this fact sheet may contain information about the Company's future business prospects. These statements may be considered "forward looking" and are subject to risks and uncertainties that could cause actual results that differ materially from those set forth or implied by such forward looking statements.
Finotec Group, Inc.
CONTACT: Amnon Leshem, Title: Chief Operating Officer, Email Address:
amnon.l@finotec.com, Tel: +44 20 7621 3620
McGraw-Hill Professional and McGraw-Hill Construction Partner to Publish GreenSource Press TitlesNew Series of Books Addresses Sustainability
NEW YORK, March 26 /PRNewswire-FirstCall/ -- McGraw-Hill Construction and McGraw-Hill Professional, businesses of The McGraw-Hill Companies , have joined forces to publish GreenSource Press titles. The GreenSource Press titles are an extension of GreenSource magazine, McGraw-Hill Construction's award-winning publication devoted to sustainable design and construction.
The two groups' collaboration will benefit the industry by providing timely and practical information for building and construction professionals to aid with the planning and design of sustainable buildings, considering such factors as alternative energy sources, building materials, work processes, and building operations. The books will help readers understand the issues of sustainability as they relate to project development and construction. Covered topics include information on the latest materials, processes, and techniques.
The first two books in the series are available now: Solar Power in Building Design: The Engineer's Complete Design Resource by Peter Gevorkian (McGraw-Hill; October 2007; Hardcover: $99.95) is a complete guide to designing, implementing, and auditing energy-efficient, cost-effective solar power systems for residential, commercial, and industrial buildings. The Engineering Guide to LEED-New Construction: Sustainable Construction for Engineers by Liv Haselbach (McGraw-Hill; March 2008; Hardcover: $99.95) provides a solid understanding of the U.S. Green Building Council's LEED-NC rating system, explaining step-by-step how to apply it to real-world construction projects.
Additional books in the series, to be published throughout 2008, include:
* Emerald Architecture: Case Studies in Green Building by GreenSource
magazine is a lavishly illustrated collection of 24 in-depth case
studies on sustainable structures, packed with architectural design
data and specifications, and 200 design-inspiring photos and
illustrations. (May 2008; Hardcover: $59.95)
* Green Building: Designing and Delivering High-Performance Projects by
Jerry Yudelson, who chairs the Steering Committee for the USGBC's
Greenbuild Conference, delivers a step-by-step process for planning,
designing, constructing, and operating high-performance green
buildings. (July 2008; Hardcover: $65.00)
* The Green Building Bottom Line: The Real Cost of Sustainable Building
by Martin Melaver and Phyllis Mueller offers a behind-the-scenes view
of the green development and construction process. (October 2008;
Hardcover: $69.95)
"McGraw-Hill Construction's deep knowledge of and access to the Green Building market, combined with McGraw-Hill Professional's strength in content development and global distribution, will create a unique and compelling new series of books covering the most important issues and practices in sustainability," says Steve Chapman, publisher at McGraw-Hill Professional.
"McGraw-Hill Construction continues to respond to the needs and demands of the industry by providing extensive green design and construction intelligence in the form of this new book series," says James H. McGraw IV, group publisher, McGraw-Hill Construction. "We are excited about the opportunity the GreenSource Press titles represent -- to delve into the hottest topics, trends, and techniques that are shaping the industry on a global scale -- making the series an invaluable tool for green design and construction professionals."
A mainstay in the Green Building market since 2006, GreenSource magazine and GreenSourceMag.com are produced by the editors of McGraw-Hill Construction, in partnership with editors at BuildingGreen, Inc., with support from the United States Green Building Council. GreenSource has received numerous awards, including American Business Media's 2008 Neal Award for Best Website, the 2007 Neal Award for Best Start-up Publication, and FOLIO magazine's 2007 Ozzie Awards for "Best Design, New Magazine" and "Best Overall Design." Recognized for responding to the needs and demands of the profession, GreenSource is a leader in covering noteworthy trends in sustainable design and best practice case studies. Its award-winning content will continue to benefit key specifiers and buyers in the green design and construction industry through the new books offered by GreenSource Press.
GreenSource Press titles will be available at bookstores everywhere, and on MHProfessional.com and GreenSourceMag.com, where visitors will be able to view book summaries and covers, as well as read reviews and sample content.
About McGraw-Hill Professional
McGraw-Hill Professional is a unit of McGraw-Hill Education, a leading global provider of instructional, assessment and reference solutions that empower professionals and students of all ages. McGraw-Hill Education, a division of The McGraw-Hill Companies , has offices in 33 countries and publishes in more than 40 languages. Additional information is available at http://www.mhprofessional.com/.
About McGraw-Hill Construction
McGraw-Hill Construction connects people, projects and products across the design and construction industry. For more than a century, the Company has remained North America's leading provider of construction project information, plans and specifications, product information, industry news, and industry trends and forecasts. In print and online, The Company offers a variety of tools, applications, and resources that easily integrate with its customers' workflows. Backed by the power of Dodge, Sweets (http://www.sweets.com/), Architectural Record (http://www.architecturalrecord.com/), Engineering News-Record (http://www.enr.com/), GreenSource (http://www.greensourcemag.com/) and 11 regional publications, McGraw-Hill Construction serves more than one million customers within the $4.6 trillion global construction community. To learn more, visit http://www.construction.com/.
About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands including Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com/.
The McGraw-Hill Companies
CONTACT: Bettina Faltermeier
Senior Publicity Manager
McGraw-Hill Professional
+1-212-904-3604
bettina_faltermeier@mcgraw-hill.com
or
Kathy Malangone
Senior Director, Marketing Communications
McGraw-Hill Construction
+1-212-904-4376
kathy_malangone@mcgraw-hill.com
Web site: http://www.mcgraw-hill.com/
http://www.construction.com/
http://www.mhprofessional.com/
http://www.greensourcemag.com/
http://www.enr.com/
End-of-Life Military Planes to Be Sold as Shredded Scrap on www.Govliquidation.com27 Million Pounds of Ferrous and Nonferrous Metals Marks Largest Online Scrap Auction
SCOTTSDALE, Ariz., March 26 /PRNewswire/ -- In its largest auction to date, Government Liquidation is helping to clear some space in the "boneyard" on Davis-Monthan Air Force Base in Tucson, AZ, the final resting spot for over 4,200 decommissioned military aircraft. After serving their time with the United States Department of Defense (DOD), aircrafts such as C-141 Starlifters, A-4 Skyhawks, S-3 Vikings, T-34 trainers and "Jolly Green Giant" helicopters are being sold for their base materials in the form of 27 million pounds of ferrous and nonferrous scrap metal. Beginning on April 21, 2008, Government Liquidation will be accepting bids on these end-of-life aircraft through its online auction marketplace, http://www.govliquidation.com/.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080326/LAW071)
The boneyard at Davis-Monthan Air Force Base provides a unique savings account from which U.S. military units throughout the world may withdraw functional aircraft, parts or equipment. After non-functional, end-of-life aircraft have been stripped of all components, they turn into revenue generators for the DOD as they are sold for their scrap metal content.
This 27 million pound scrap sale consists of aircraft parts such as wings, wheels and hulls and includes scrap materials such as aluminum, steel, magnesium, titanium and rubber. Through its profit sharing arrangement with the DOD, Government Liquidation will return 77% of the net sales proceeds to the government.
Government Liquidation is the innovative online marketplace for the sale of surplus and scrap on behalf of the U.S. government. This unique site enables buyers to purchase government assets ranging from outdoor gear, genuine Hummer vehicle parts, office equipment, and medical and dental equipment to musical instruments, rare items and the occasional retired ceremonial mount, from more than 206 locations across the country.
Government Liquidation earned the exclusive contract with Defense Reutilization and Marketing Service (DRMS) for the sale of surplus and scrap assets of the DOD in 2001 and continues to move thousands of surplus items and scrap materials daily through its convenient and accessible Internet auction site.
"In addition to scrap term contracts, Government Liquidation offers a host of other items. All other bids, no matter the item, begin at $50.00," explains Tom Burton, President of Government Liquidation. "The market demand determines the final selling price."
For more information about the terms and conditions for term contracts and this single lot sale of 27 million pounds of scrap metal, visit http://www.govliquidation.com/.
-- Auction begins April 21, 2008 12 a.m. ET and closes April 25, 2008 8
p.m. ET. Buyers may view detailed information and photos as well as
place bids at
http://cgi.govliquidation.com/auction/view?auctionId=1650637.
About Government Liquidation, LLC
Government Liquidation, a subsidiary of Liquidity Services, Inc., , is the exclusive online marketplace for the sale of surplus and scrap Defense Department material to the public. Government Liquidation offers surplus buyers a unique and dynamic pool of property for purchase from over 206 locations throughout the continental U.S., Alaska, Hawaii, and Guam. For more information visit http://www.govliquidation.com/ or call (480) 367-1300.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080326/LAW071
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN8
PRN Photo Desk, photodesk@prnewswire.com
Government Liquidation, LLC
CONTACT: Julie Davis of Government Liquidation, +1-202-558-2634,
julie.davis@liquidation.com
Web site: http://www.govliquidation.com/
Building Energy Efficiency and Sustainability Performance Data Brought to You by Siemens Building TechnologiesGreenTouchscreen reveals sustainability concepts and their relation to energy use in buildings
BUFFALO GROVE, Ill., March 26 /PRNewswire/ -- In its raw form building energy consumption data is not likely to reveal much to building owners, occupants or others about its impact on the environment. Connecting the dots from energy use in buildings to more sophisticated ideas like sustainability require analytical skills that not everyone possesses. To help more people understand and apply these concepts, Siemens Building Technologies, Inc. now offers a powerful interactive tool that analyzes building energy consumption data in real time.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )
Through sophisticated integration to Siemens APOGEE(R) building automation system, the GreenTouchscreen(R) from Quality Attributes Software, Inc., (QAS) translates numerical building operational data into visual information that helps even the casual observer understand a variety of energy and sustainability related concepts.
By presenting building energy consumption data on an interactive touchscreen housed in a kiosk in a building's foyer or mounted on an accessible wall in a public space, Siemens can reveal the impact of energy efficiency measures and behavioral changes to anyone encountering the interface. Similarly, the interface can be transmitted via the web making it available in classrooms or other learning environments. The immediacy and accessibility of this information can help people understand the role they can play in saving energy in the spaces where they work, live, play or learn. With this kind of information people are better equipped to understand the relevance of their choices and change their behavior.
"Most organizations, whether they are public or private, want to provide stakeholders with better information on their sustainability and green efforts," said Siemens Building Technologies' Richard Walker, senior national manager - Environmental Solutions. "GreenTouchscreen offers us the ability to not only provide information on energy use and climate implications, but also on a broad variety of internal initiatives," he added.
GreenTouchscreen(R) technology, developed by QAS illustrates sustainability concepts by showing how much energy a building is currently using, how much it has saved over time and what that savings means in greenhouse gasses kept from the atmosphere, pounds of coal left unburned or even hours of playing X-Box.
The GreenTouchscreen will also play a key role in Siemens' Building Education program (an initiative that, among other things, is introducing green engineering and sustainability curricula to schools across the country). Siemens has plans to install these screens in schools to help expose students and educators to this exciting information and use it to inform themselves about their school's energy use and its impact on their local environment. Next fall for example, students attending the Henry Ford Learning Academy's Power House High (now currently under construction) will be able to attend classes with instruction guided by Siemens curricula and supported by the GreenTouchscreen displays.
As a leading provider of energy and environmental solutions, building controls, fire safety and security systems solutions, Siemens Building Technologies, Inc., makes buildings comfortable, safe, secure and less costly to operate. With U.S. headquarters in Buffalo Grove, Ill., Siemens Building Technologies employs 7,200 people and provides a full range of services and solutions from more than 100 locations coast-to-coast. Worldwide, the company has 28,000 employees and operates from more than 500 locations in 51 countries.
For more information on Siemens Building Technologies, visit: http://www.usa.siemens.com/buildingtechnologies
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Siemens Building Technologies, Inc.
CONTACT: Steven E. Kuehn of Siemens Building Technologies, Inc.,
+1-847-941-6047, steve.kuehn@siemens.com
Web site: http://www.usa.siemens.com/buildingtechnologies
Verizon Wireless Expands Wireless Broadband Network to Union Pier, Bridgman, Benton Harbor, Coloma and Other Michigan CommunitiesHigh-Speed Network Gives Verizon Wireless Customers Access to Fast Wireless Internet, Email, Mobile Music, Videos and More
BENTON HARBOR, Mich., March 26 /PRNewswire/ -- Verizon Wireless announced today that it has expanded the national rollout of its high-speed wireless network to Union Pier, Bridgman, Benton Harbor, Coloma and a number of other Michigan communities along Interstate 94 and State Highway 63, which connect these cities. The expansion includes the following areas:
-- Along the I-94 corridor as far south as State Highway 12, including
portions of New Buffalo, and as far north as State Highway 140 in
Watervliet.
-- Along State Highway 63, covering the route between St. Joseph and
Benton Harbor to Lake Michigan Beach.
-- Along I-196 as far south as Interstate 94 and as far north as Hagar
Shore Road in Lake Michigan Beach.
-- Other towns located within the coverage area include Lakeside, Harbert,
Sawyer, Shoreham, Stevensville, Fair Plain and Benton Heights, among
others.
"These Michigan communities represent vital markets with dynamic, tech- savvy business people, residents and tourists who want to stay connected," said Greg Haller, president-Michigan/Indiana/Kentucky Region, Verizon Wireless. "The launch of our broadband network here provides our customers with access to the very latest wireless technology."
With the wireless broadband network now available in Michigan's most populated markets, Verizon Wireless customers in the area now enjoy two prime services:
-- BroadbandAccess, the enhanced high-speed wireless service that equips
Verizon Wireless' business customers with a truly untethered mobile
office experience, enabling them to wirelessly access their calendars,
the Internet, email and critical business information residing behind
their companies' firewalls; and
-- V CAST, a consumer-oriented multimedia service that gives customers
access to the most comprehensive selection of downloadable music, high-
quality videos and the coolest 3D games found anywhere.
BroadbandAccess
Based on Evolution-Data Optimized Revision A (EV-DO Rev. A) network technology, BroadbandAccess provides mobile workers with the ability to access their corporate information as if they were attached to this data via a high- speed wired connection but with the freedom of true mobility. Developed with a range of users in mind, the service enables large enterprises, small to medium-sized businesses and mobile professionals to conduct business anytime, anywhere in the BroadbandAccess coverage area via a secure, true high-speed data connection.
With BroadbandAccess, business customers, residents and visitors to these Michigan communities can expect average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500 kbps to 800 kbps. That means they can download a 1 megabyte email attachment -- the equivalent of a small PowerPoint(R) presentation or a large PDF file -- in about eight seconds and upload the same-sized file in less than 13 seconds.
BroadbandAccess also enables Verizon Wireless customers to download files approximately 10 times faster than customers of wireless service providers that use different broadly deployed network technologies. Furthermore, customers who travel outside the enhanced BroadbandAccess coverage area with an EV-DO device will switch seamlessly to the company's NationalAccess service.
"Our enhanced BroadbandAccess service gives our customers three key advantages in wireless communication -- speed, mobility and security," Haller said. "With these advantages comes an increase in productivity and bottom-line business benefits."
V CAST: Video and Music
Verizon Wireless' wireless broadband network also enables its V CAST multimedia services, which offer customers the ability to download full-song tracks, play cutting-edge 3D games and stream video clips straight to the handset with top transmission speeds. With content updated daily, customers can watch dozens of on-demand videos, including breaking news, weather updates, sports highlights and the hottest entertainment clips.
With V CAST Music, Verizon Wireless has built a massive full-song mobile music store that contains more than 2.8 million songs -- from well-known as well as independent artists -- that customers can download over-the-air, directly onto their V CAST Music-enabled wireless phones.
Investment
The multi-million dollar expansion includes the installation of high-tech wireless hardware and software in wireless transmission sites throughout the region. Verizon Wireless has invested more than $44 billion since it was formed -- more than $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. More than $1 billion of this investment was spent in Michigan since 2001. In 2007, the company invested more than $145 million in Michigan network improvements.
Verizon Wireless was the first national wireless provider to commercially launch a high-speed wireless broadband network in the United States. These communities in Michigan are the latest market to be added to the coverage. For more information about Verizon Wireless products and services, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 65.7 million customers. The largest U.S. wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 69,000 employees nationwide. The company is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). Find more information on the Web at 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: Erica Sevilla of Verizon Wireless, +1-847-619-4326,
erica.sevilla@verizonwireless.com; or Michael Kern, +1-248-855-6777,
mkern@marxlayne.com, for Verizon Wireless
Web site: http://www.verizonwireless.com/
http://www.verizonwireless.com/multimedia
Credit Suisse Names EMC Strategic Supplier of the Year
HOPKINTON, Mass., March 26 /PRNewswire/ -- EMC Corporation, the world leader in information infrastructure solutions, today announced that Credit Suisse Group has recognized EMC as its Strategic Supplier of the Year.
Credit Suisse, one of the world's leading banks, established its Supplier Relationship Management Program (IT SRMP) in September 2006 to increase supplier efficiency and flexibility by aligning its strategy and streamlining communications with its numerous information technology suppliers. As part of this program, Credit Suisse began evaluating and rating its vendors based on competitive pricing, superior capability, high quality, managed risk and the overall relationship. Credit Suisse's scorecard process narrowed the suppliers to five finalists before selecting EMC as its Strategic Supplier of the Year in 2007.
"We are honored to be chosen as Credit Suisse's Strategic Supplier of the Year," said Frank Hauck, EMC's Executive Vice President, Global Marketing and Customer Quality. "This honor is testament to our relationship with Credit Suisse. At EMC, we strive to partner with our customers by listening to their needs, continually offering the highest quality information infrastructure solutions and being accessible when they need us. We look forward to being a part of their continued success."
EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.emc.com/.
EMC is a registered trademark of EMC Corporation. Other trademarks are the property of their respective owners.
EMC Corporation
CONTACT: Patrick Cooley of EMC Corporation, +1-508-293-6583,
cooley_patrick@emc.com
Web site: http://www.emc.com/
Raytheon Awarded $17.8 Million for NATO SEASPARROW Surface Missile System
TEWKSBURY, Mass., March 26, 2008 /PRNewswire/ -- Raytheon Company has been awarded a $17.8 million contract from the U.S. Navy and the NATO SEASPARROW Project Office for the company's MK57, MK29 and MK73 NATO SEASPARROW missile systems.
Under the contract, Raytheon Integrated Defense Systems (IDS) will assemble, test, and deliver components and support for the systems, which enable critical self-defense capabilities for U.S. and allied navy surface ships.
The MK57 NATO SEASPARROW Surface Missile System (NSSMS) is the primary self-defense weapons system installed on U.S. naval aircraft carriers and amphibious assault ships. As the solutions provider and Mission Systems Integrator for the MK57 NSSMS, Raytheon IDS provides the hardware and processing required for launch and control of the U.S. Navy's SEASPARROW and Evolved SEASPARROW (ESSM) self-defense missiles. Raytheon Missile Systems leads the cooperative development efforts for ESSM.
"The MK57 NSSMS is an advanced and affordable solution that our warfighters can depend on," said Raytheon IDS' Charles "Tom" Bush, vice president of Seapower Capability Systems. "We've worked very hard to ensure that we are delivering the most effective solution that accomplishes the mission the first time and every time."
The upgraded MK57 NSSMS integrates commercial off-the-shelf hardware for processing and displays, state-of-the-art microprocessors for signal processing, and new solid-state transmitter technology. The result is an open system that integrates seamlessly with IDS' Ship Self Defense System, optimizing the detect-to-engage capabilities with the advanced ESSM.
The contract includes the procurement, assembly, testing and delivery of ordnance alteration kits for the MK57 Mod 13 NSSMS, MK29 Mod 4 launcher and MK73 Mod 3 solid-state transmitter. Raytheon IDS will also provide associated spares and data for the systems.
Work will be performed at Raytheon's Seapower Capability Center, Portsmouth, R.I., and Integrated Air Defense Center, Andover, Mass.; Raytheon Canada Ltd., Waterloo, Canada; Miller Stuart Inc., Long Island, N.Y.; and Kuchera Defense Systems, Windber, Pa.
Changes made on U.S. naval aircraft carriers and amphibious assault ships are due, in part, to accommodate the replacement of the RIM-7 SEASPARROW missile as a primary self-defense weapon with the ESSM (RIM-162) on these ships. The Canadian Navy, also transitioning to the ESSM on its Halifax-class of ships, plans to make changes to its supporting sensor systems as part of its Halifax Modernization Program. Raytheon is part of a team, led by General Dynamics Canada, currently competing for that project.
Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning more than 85 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
Contact:
Carolyn Beaudry
401.842.3550
Raytheon Company
CONTACT: Carolyn Beaudry of Raytheon Company, +1-401-842-3550
Web site: http://www.raytheon.com/
AT&T Announces Grant to Center on Aging-University of Miami Miller School of MedicineResearchers Strive to Help Caregivers of Dementia Patients Through Grant
MIAMI, March 26 /PRNewswire-FirstCall/ -- AT&T Inc. today announced a $49,993 grant to the Center on Aging-University of Miami Miller School of Medicine. The funding will be used to examine a computer-integrated system for family caregivers of dementia patients.
Currently, about 9 million adults in the nation provide care to someone suffering from dementia who is 50 years or older. Caring for an individual with dementia is often a very stressful experience for the responsible loved ones and is known to contribute to psychiatric and physical morbidities.
"We're working hard to develop innovative programs to help family members care for their relatives with Alzheimer's disease," said Sara Czaja, Ph.D., co-director of the Center on Aging. "The trend now is to keep patients in their homes instead of sending them to long-term care facilities."
The burden of informal care-giving for family members will grow in the coming years because the number of individuals with dementia is expected to increases to as many as 16 million by 2050.
"With the coming of age of the baby boomers, innovative uses of technology to lessen the strain on caregivers will increasingly become more critical in the care of loved ones," said Marshall Criser III, president of AT&T Florida. "AT&T's support of Dr. Czaja's study will help identify meaningful tools to improve the quality of life for caregivers and provide a positive result to the people in their care."
The intervention method is being delivered through a video telephone system and Internet hookup designed to:
-- Provide caregivers with access to information about dementia,
care-giving and community resources.
-- Enhance knowledge and care-giving skills.
-- Enhance social support.
-- Reduce barriers between caregivers and health care professionals.
The study will take place throughout a five-month period and will include six individual skill-building sessions, five support group sessions and five educational broadcast lectures by the university. Diversity is a key element to the study; participants will include 162 African-American, Hispanic and Haitian family caregivers of dementia patients.
Researchers expect that the caregivers who receive the intervention will experience a reduction in depressive symptoms and the burdens they feel, as well as benefit from an enhanced quality of life. Furthermore, they will have greater knowledge of the available community resources and advanced social support systems, as well as engage in more self-care activities. The computer-based system will help caregivers link to other family members, such as children who live in distant locations. If proved successful, the intervention program could be implemented in communities throughout the United States.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Don Sadler of AT&T, office, +1-305-347-5320, wireless, +1-305-
965-7680, Ds4400@att.com
Web site: http://www.att.com/
Bookham to Present at B. Riley & Co. Annual Investor Conference
SAN JOSE, Calif., March 26 /PRNewswire-FirstCall/ -- Bookham, Inc., , a leading provider of optical components, modules and subsystems, today announced that Steve Abely, Bookham's Chief Financial Officer, will present at the B. Riley & Co. Annual Investor Conference on Wednesday, April 2, 2008 at 11:30 a.m. Pacific Time.
Event: B. Riley & Co. Annual Investor Conference
Date: Wednesday, April 2, 2008
Time: 11:30 a.m. Pacific Time
Location: The Palms Casino Resort - Las Vegas
Webcast: Investor section of the Company's website at
http://www.bookham.com/
About Bookham
Bookham, Inc. is a leading provider of high performance optical products, spanning from components to advanced subsystems. The company designs and manufactures a broad range of solutions tailored for the telecommunications optical infrastructure and selected markets, including industrial, life sciences, semiconductor, and scientific. The Company utilizes proprietary core technologies and a vertically integrated manufacturing organization to provide its customers with cost-effective and innovative devices, as well as flexible, scalable product delivery. Bookham is a global company, headquartered in San Jose, Calif., with leading edge chip fabrication facilities in the UK and Switzerland, and manufacturing sites in the US and China.
Bookham and all other Bookham, Inc. product names and slogans are trademarks or registered trademarks of Bookham, Inc. in the USA or other countries.
Bookham, Inc.
CONTACT: Jim Fanucchi of Summit IR Group Inc., +1-408-404-5400,
ir@bookham.com, for Bookham, Inc.
Web site: http://www.bookham.com/
Signature Devices, Inc. Finishes Development on Superhero Arcade GameGame to Include Well Known Comic and Television Superheroes
REDWOOD CITY, Calif., March 26 /PRNewswire-FirstCall/ -- Signature Devices, Inc. (Pink Sheets: SDVI) is pleased to announce that the Company has finished development on an arcade video game that will include several well known comic book and television superheroes. Signature Devices has developed the game through the Company's agreement with a major arcade video game publisher. The video game was developed using the company's recently announced open-source Elemental Engine II.
The game will feature a four-player arcade style co-operative play. Players can play solo or as a team against the plot, which takes place in three separate locations on earth and other planets. Signature Devices has developed the game to allow players to control the powers and abilities of earth's mightiest heroes in an action packed fight for justice against some of the greatest comic book villains. The Company has developed the game to truly come to life using the co-operative methods best utilized with two to four players at a time.
"The need for games to support co-operative play has become a growing trend in both the console and arcade markets, making most co-op titles instant hits and practically guaranteeing substantial sales numbers," stated Kenneth Hurley, CEO of Signature Devices, Inc. and Graffiti Entertainment, LLC.
The Company has recently announced that it has been receiving royalty payments of $100 per arcade unit for each Standard or Deluxe cabinet that contains the Paradise Lost arcade game and $50 per software upgrade kit. Signature Devices is currently signed with a major publisher of arcade style games and intends to continue signing with additional well-known publishers in 2008.
About Signature Devices, Inc. and Graffiti Entertainment LLC:
Based in Redwood City, Calif., Signature Devices, Inc. creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the Company's premiere technologies includes a blend of hardware and software for image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, LLC, (http://www.graffitientertainment.com/), a publisher of interactive entertainment software for advanced entertainment consoles.
The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
Contact:
For more information, please visit:
http://www.signaturedevices.com/
or Call
Investor Relations
+ 1-866-THE-APPL(E)
Signature Devices, Inc.
CONTACT: Investor Relations of Signature Devices, Inc.,
1-866-THE-APPL[E]
Web site: http://www.signaturedevices.com/
http://www.graffitientertainment.com/
Airvana Spotlights CDMA Femtocell Leadership at CTIA Wireless 2008Airvana and Partners Demonstrate HubBub(TM) CDMA Femtocells and Universal Access Gateway Technologies as part of comprehensive Fixed Mobile Convergence solutions
CHELMSFORD, Mass., March 26 /PRNewswire-FirstCall/ -- Airvana, Inc. , the company transforming the mobile experience, will showcase its comprehensive solutions for fixed-mobile convergence (FMC) at CTIA Wireless 2008 (Booth 3321), taking place April 1-3, 2008 in Las Vegas, NV. In live demonstrations, the company is highlighting the HubBub(TM) CDMA femtocell, the only femtocell to support both 1x-RTT and EV-DO services; the Universal Access Gateway (UAG), a convergence gateway for innovative femtocell or Wi-Fi-enabled FMC services; and the Femto Service Manager, which provides standards-based, highly scalable management and auto-configuration capabilities for femtocell deployments.
According to the CDMA Development Group (CDG), the number of CDMA subscribers exceeded 431 million globally at the close of 2007, a year-over- year increase of nearly 15 percent, and femtocells are expected to play a key role in CDMA network growth. Airvana offers the most comprehensive femtocell solution for CDMA networks, with in-home femtocells and a femto network gateway as well as the software to accelerate and scale deployments through automated configuration and remote management. In addition, Airvana's HubBub femtocell supports up to six concurrent users, features powerful RF interference mitigation capabilities, has a software-defined feature set to enable remote provisioning of new services, and is the only CDMA femtocell that supports both 1x-RTT and EV-DO. Based on these factors, Airvana's HubBub CDMA femtocell has been named a CTIA Emerging Technology Award finalist.
Another key factor in successful femtocell deployments is multi-vendor interoperability and the ability to leverage existing network investments, so Airvana is working closely with leading CDMA equipment manufacturers to provide operators with femtocell and gateway technologies optimized to work with their existing core mobile network infrastructures. To that end, Airvana and Motorola recently announced that the two companies have entered into an OEM agreement for CDMA femtocells.
"The customer desire to use their mobile phone as their primary communications device, coupled with the rise in 3G services, is the driving force behind FMC. And to provide customers with the best FMC experience possible, you need to support both 1x-RTT and EV-DO services," said Dave Nowicki, vice president, Marketing, Airvana. "Our CDMA femtocells, which uniquely support both voice and mobile broadband services, and our advanced UAG technology, when paired with the core mobile network infrastructure of our partners, is a compelling solution for operators wishing to deliver FMC options that truly meet their subscribers' requirements for features and performance."
Airvana's macro network EV-DO technology is currently deployed in more than 40,000 base stations in networks covering nearly half a billion subscribers worldwide. The company has leveraged this extensive experience to deliver high performance femtocell solutions for CDMA networks, which include:
-- HubBub CDMA femtocell - Airvana's femtocell for CDMA networks supports
both 1x-RTT and EV-DO services to deliver a consistent mobile
experience that mirrors that of the macro network. HubBub can support
up to six concurrent users and features powerful RF interference
mitigation capabilities to help ensure graceful coexistence with the
macro network. HubBub's software-defined feature set makes it efficient
and cost-effective to add new services in response to customer demand.
-- Femto Service Manager (FSM) - provides operators with a TR-069
standards-based, scalable management and auto-configuration platform
for femtocell deployments. Airvana's FSM enables operators to manage
femtocell deployments while leveraging their existing management
infrastructure. The Airvana FSM allows operators to fully automate
device configuration, initiate and manage remote software upgrades,
perform remote diagnostics using collected fault and performance data,
and easily handle device authentication. The FSM also incorporates an
innovative Automated Network Planner (ANP) that generates a specific
configuration per individual femtocell that maximizes RF performance.
-- Universal Access Gateway - a purpose-built convergence gateway designed
to address the unique security, mobility and performance challenges
that result from mobile operators using the Internet as an extension of
the radio access network. Airvana's UAG can be used to support both
femtocell and Wi-Fi generated traffic. This traffic is sent over the
Internet in a secure tunnel to the UAG, which authenticates and
inspects the traffic before sending it to the mobile operator's
network. As subscribers move between their home or office and the macro
cellular network, the UAG maintains seamless mobility over a secure,
QoS-enabled, wire-speed connection.
Airvana's CDMA femtocell solutions are currently in trials with mobile network operators and are expected to be commercially available in the second half of 2008.
About Airvana
Airvana specializes in helping operators transform the mobile experience for users worldwide. The company's high-performance technology and products, from comprehensive femtocell solutions to core mobile network infrastructure, enable operators to deliver broadband services to mobile devices, independent of physical location. Airvana is headquartered in Chelmsford, Mass., USA, with additional offices in the United Kingdom, China, India, Japan and Korea. For more information, please visit the company's Web site at http://www.airvana.com/.
Safe Harbor Statement
Any statements in this press release about future expectations, plans and prospects for Airvana constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements typically contain the words "believes," "anticipates," "plans," "expects," "will", "continue" and similar expressions. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including without limitation the highly competitive and rapidly evolving market in which Airvana competes, Airvana's limited operating history, the fluctuation of its past operating results and its reliance on sales through Nortel for a significant portion of its revenues and product and service billings and other factors discussed in Airvana's filings with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Airvana's views as of the date of this press release. Airvana anticipates that subsequent events and developments may cause its views to change. While Airvana may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward- looking statements should not be relied upon as representing Airvana's views as of any date subsequent to the date of this press release.
Media Contact Investor Contact
Jim McManus David Reichman
Davies Murphy Group Sharon Merrill Associates
(781) 418-2402 (617) 542-5300
airvana@daviesmurphy.com airv@investorrelations.com
Airvana, Inc.
CONTACT: Media, Jim McManus of Davies Murphy Group, +1-781-418-2402,
airvana@daviesmurphy.com; or Investors, David Reichman of Sharon Merrill
Associates, +1-617-542-5300, airv@investorrelations.com, both for Airvana,
Inc.
Web site: http://www.airvana.com/
http://www.ctiawireless.com/
Airvana's Participation in CTIA Wireless 2008 Showcases How Company is Transforming the Mobile ExperienceCDMA/UMTS femtocells, EV-DO Rev. B and UAG demonstrations highlight Airvana's mobile broadband expertise; speaking sessions detail business opportunities and security requirements of femtocells
CHELMSFORD, Mass., March 26 /PRNewswire-FirstCall/ -- Airvana, Inc. , the company transforming the mobile experience, will showcase its mobile broadband expertise across a variety of technologies at CTIA Wireless in Las Vegas April 1-3, 2008, through various live demonstrations of its CDMA and UMTS HubBub(TM) femtocells, Universal Access Gateway (UAG) with Femto Network Gateway capabilities and its EV-DO Rev. B technology. Airvana executives will share their views on the trends and technologies shaping the future of mobile in speaking sessions at CTIA Wireless and the CTIA-partnered Informa pre-conference Converged Services Summit.
The live demonstrations in Airvana's booth (3321) cover all aspects of mobile broadband networks from base station and core network infrastructure to in-home femtocell technology. Addressing the growth of mobile broadband and emerging industry trends for fixed mobile convergence, attendees visiting Airvana's booth can see the following examples of how the company is transforming the mobile experience:
-- CDMA femtocells -- a HubBub(TM) CDMA femtocell delivering both 1x-RTT
and EV-DO services to handsets on the show floor.
-- UMTS femtocells -- Airvana's HubBub(TM) UMTS, delivering femtocell
connectivity for UMTS networks.
-- EV-DO Rev. B -- EV-DO Rev. B technology enabling the delivery of full
HD video streaming over a 9.3 Mbps link.
-- Femto/Wi-Fi Network Gateway -- UAG managing live hand-offs between
Wi-Fi and 3G networks.
Reflecting the company's technical and thought leadership in the industry, Airvana's co-founders, Vedat Eyuboglu, chief technology officer, and Sanjeev Verma, vice president of business development, will offer their views on key trends, technologies and requirements for fixed mobile convergence in their respective conference sessions:
Topic: How Femtocells Change the Economics of Mobile Service Delivery
Presenter: Sanjeev Verma, Vice President of Business Development, Airvana
Date: Monday, March 31, 2008
Time: 2:30 p.m.
Location: Las Vegas Convention Center -- Room N256
Verma's presentation will provide attendees with an overview of the current business drivers for femtocell adoption and discuss how femtocell technology is a crucial element of strategies to achieve "intelligent coverage" for expanding mobile networks.
Topic: Addressing Network Security in the Era of Open Access & Fully
Functional Mobile Multimedia Devices
Presenter: Vedat Eyuboglu, Chief Technology Officer, Airvana
Date: Wednesday, April 2, 2008
Time: 4:00 p.m. -- 5:15 p.m.
Location: Las Vegas Convention Center -- Room: North 113
Eyuboglu's participation in this panel discussion will cover the methods and strategies mobile operators must consider for security of femtocell and dual-mode Wi-Fi/3G access to their core networks. Attendees of Eyuboglu's session will learn about the new security challenges presented by emerging trends and evolving technologies such as FMC, Wi-Fi access and IMS, and how mobile operators can optimally and comprehensively address these issues.
"As the number of mobile broadband users, devices and applications increases dramatically on an almost daily basis, operators are quickly focusing on ensuring they have the network coverage, capacity and security to support them," said Dave Nowicki, vice president, Marketing, Airvana. "Our presence at CTIA underscores our mobile broadband leadership and company focus on delivering IP-based solutions for the key parts of mobile networks, ultimately enabling consumers to receive a quality experience regardless of the network they are on."
For more information about CTIA Wireless or the Converged Services Summit, or to register for the event, please visit http://www.ctiawireless.com/.
About Airvana
Airvana specializes in helping operators transform the mobile experience for users worldwide. The company's high-performance technology and products, from comprehensive femtocell solutions to core mobile network infrastructure, enable operators to deliver broadband services to mobile devices, independent of physical location. Airvana is headquartered in Chelmsford, Mass., USA, with additional offices in the United Kingdom, China, India, Japan and Korea. For more information, please visit the company's Web site at http://www.airvana.com/.
Safe Harbor Statement
Any statements in this press release about future expectations, plans and prospects for Airvana constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements typically contain the words "believes," "anticipates," "plans," "expects," "will", "continue" and similar expressions. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including without limitation the highly competitive and rapidly evolving market in which Airvana competes, Airvana's limited operating history, the fluctuation of its past operating results and its reliance on sales through Nortel for a significant portion of its revenues and product and service billings and other factors discussed in Airvana's filings with the Securities and Exchange Commission. In addition, the forward- looking statements included in this press release represent Airvana's views as of the date of this press release. Airvana anticipates that subsequent events and developments may cause its views to change. While Airvana may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Airvana's views as of any date subsequent to the date of this press release.
Media Contact Investor Contact
Jim McManus David Reichman
Davies Murphy Group Sharon Merrill Associates
(781) 418-2402 (617) 542-5300
airvana@daviesmurphy.com airv@investorrelations.com
Airvana, Inc.
CONTACT: Media, Jim McManus of Davies Murphy Group, +1-781-418-2402,
airvana@daviesmurphy.com; or Investors, David Reichman of Sharon Merrill
Associates, +1-617-542-5300, airv@investorrelations.com, both for Airvana,
Inc.
Web site: http://www.airvana.com/
http://www.ctiawireless.com/
Verizon Asks FCC to Remove Cable Industry Obstacle to Consumer Choice in Bundled Services MarketConsumers Must be Able to Choose New Cable Providers as Easily as Choosing New Telephone Providers
WASHINGTON, March 26 /PRNewswire/ -- Seeking to remove a significant obstacle to consumer choice and competition in the market for bundled communications services, Verizon today asked the Federal Communications Commission to require the cable industry to make it as easy for consumers to choose a new video provider as it already is for them to switch voice providers.
In a separate filing with the FCC earlier this week, Verizon said that the cable industry delays its customers' switches to competing voice providers by regularly failing to meet the commission's timing requirements for local number portability.
Currently, many cable companies refuse to accept video service cancellations from a new provider, creating extra work and confusion for consumers. However, long-established procedures enable a new provider to submit a voice disconnection order on behalf of the customer.
"The process to switch video providers is more cumbersome for consumers," Verizon wrote in a petition filed with the FCC today to request a declaratory ruling. "Cable incumbents do not accept disconnect orders from the new provider; instead, they require the customer to contact them directly to cancel service after choosing a new video provider and to return equipment.
"This significantly complicates the process of switching video providers, thereby entrenching the cable incumbents' dominant market position."
Verizon also stated in its petition:
"Because such a ruling will establish parity in the processes for canceling telephone and video services, it will facilitate the ability of consumers to switch video providers, enhancing competition both in video services and in the triple play of bundled services. ... It is well within the commission's authority to make this declaratory ruling that will foster robust competition between cable incumbents and other video providers."
In a separate FCC filing Monday, Verizon asked the commission to stop a pattern of cable industry efforts to interfere with customer choice and convenience when customers want to transfer their voice service from a cable company to a new carrier and retain their local number. Verizon stated that cable companies routinely delay the ability of their voice customers to obtain more attractive offers from competitive providers by violating the FCC-approved customer transfer, or "porting," intervals Verizon and others have long met.
In addition, Verizon has explained that the cable industry is attempting to use the FCC and some state-level regulatory processes to protect itself from competition by preventing customers from even receiving information about attractive competitive offers -- so-called customer retention efforts -- that would benefit those customers.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 66 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of nearly 235,000 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon
CONTACT: David Fish of Verizon, +1-202-515-2514,
david.m.fish@verizon.com
Web site: http://www.verizon.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
WPCS Announces $12 Million in New Projects
EXTON, Pa., March 26 /PRNewswire-FirstCall/ -- WPCS International Incorporated , a leader in design-build engineering services for specialty communication systems and wireless infrastructure, has announced that, through its subsidiaries, it has been awarded approximately $12 million in new contracts.
The contracts include projects to be completed for The University of Connecticut, The Mashantucket Pequot Tribal Nation, Yosemite Vista Estates, Colliers International, The Illinois Tollway, California State Prison- Corcoran, ATS Automation, Aronson Security Group, Hartford Hospital, Johnson Controls, Amherst College, DCF-Riverview Hospital, The City of Fort Lauderdale, Bally's Park Place, Six Flags, Mermaid Beach TriCare of Australia and Xuzhou Towngas of China.
Donald Walker, Executive Vice President of WPCS, commented, "WPCS and its subsidiary companies continue to be awarded contracts from many new customers that have displayed confidence in our ability to provide high level engineering services for a variety of wireless and specialty communication requirements. We are encouraged that the market for our services remains healthy in both our domestic and international markets."
About WPCS International Incorporated:
WPCS is a design-build engineering company that focuses on the implementation requirements of wireless technology. The company serves the specialty communication systems and wireless infrastructure sectors and provides services that include site design, technology integration, electrical contracting, construction and project management for corporations, government entities and educational institutions worldwide. For more information, please visit http://www.wpcs.com/
Statements about the company's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward-looking statements.
WPCS International Incorporated
CONTACT: Carol Lindley of WPCS International Incorporated,
+1-610-903-0400 x100, ir@wpcs.com
Web site: http://www.wpcs.com/
MISCOR Group Announces New Locomotive Contract with Australia-Based Laing O'RourkeAmerican Motive Power Subsidiary Triples Backlog with Contract
SOUTH BEND, Ind., March 26 /PRNewswire-FirstCall/ -- Industrial services provider MISCOR Group, Ltd. (BULLETIN BOARD: MIGL) today announced its subsidiary, American Motive Power (AMP), has been awarded a contract worth approximately $6 million by the Australian construction and services company Laing O'Rourke for the remanufacture of five freight locomotives at its Dansville, NY location.
AMP, part of MISCOR's industry-leading Repair, Remanufacturing and Manufacturing (RRM) Group, was acquired by MISCOR in January 2008. Since then, AMP has seen its backlog of service work more than triple, growing from approximately $5 million in January 2008 to more than $19 million as of mid- March 2008.
"This contract is a great win for our newest subsidiary, as it continues to grow its backlog and gain industry recognition on a true global scale for its outstanding service and remanufacturing expertise," said John Martell, President and CEO of MISCOR. "This contract also validates our strategic growth initiatives as it marks a significant increase in our international presence and will help bolster our service platform as we continue to pursue additional overseas opportunities."
MISCOR noted that the selected locomotives will undergo an extensive remanufacturing process, including the installation of state-of-the-art microprocessors which will improve operating performance and reduce the cost of ongoing maintenance. In addition, the locomotives will be the beneficiaries of a number of enhancements to deal with the extreme desert conditions they will be subjected to in Saudi Arabia. The Company also said it will provide on site technical support and training in Saudi Arabia to support ongoing maintenance and operation of the locomotives.
"Our customer-oriented culture and industry-leading capabilities in remanufacturing, including the ability to modernize locomotives with the latest technology and our ability to work on a tight schedule were some of the key factors to winning this contract," concluded Rich Tamborski, Executive Vice President and COO of MISCOR and President of AMP. "We continue to believe that American Motive Power was a critical acquisition and will be a profitable business for us in the long-term, especially as we continue to increase our backlog and grow internationally."
The remanufactured locomotives will be headed to Saudi Arabia this fall and will play a critical role in the transportation of materials, equipment and workers for the ongoing construction of a significant new railroad system running through the An-Nafud wilderness.
About MISCOR
South Bend, Ind.-based MISCOR Group, Ltd. (BULLETIN BOARD: MIGL) provides electrical and mechanical solutions to industrial, commercial and institutional customers through two segments: RRM (repair, remanufacturing and manufacturing) segment, which provides maintenance and repair services for industrial motors, generators and lifting magnets, and diesel engine component manufacturing, remanufacturing and repair services; and CES (construction and engineering services) segment, which provides a wide range of electrical and mechanical contracting services and engineering and repair services for electrical power distribution systems. In 2007, MISCOR entered the wind power industry through its acquisition of 3-D Service, Ltd., providing both onsite and in-shop maintenance and repair services for wind farms. MISCOR was ranked on the Inc. 500 in 2004 and 2005 and has grown to more than 600 employees in 14 locations nationwide.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. For further discussion of risks and uncertainties, individuals should refer to the Company's SEC filings. MISCOR Group, Ltd. undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.
MISCOR Group, Ltd.
CONTACT: Rich Mullin, CFO of MISCOR Group, Ltd., +1-574-234-8131; or
Jeff Lambert or Patrick Kane of Lambert, Edwards & Associates, Inc.,
+1-616-233-0500 pkane@lambert-edwards.com, for MISCOR Group, Ltd.
AT&T Helps City of Seneca Manage Government Vehicles and Enhance Efficiency of City ServicesAT&T's Mobile Resource Management Service Gives City Administrators Real-Time Visibility Into Vehicle Operations of Light and Water Divisions
SENECA, S.C., March 26 /PRNewswire-FirstCall/ -- AT&T Inc. today announced a three-year contract with the city of Seneca to deliver AT&T's Mobile Resource Management (MRM) service for vehicle tracking.
The city of Seneca needed real-time visibility into its city light and water service vehicles for dispatch and safety purposes.
AT&T's MRM service will enable the city of Seneca to track light and water service vehicle locations, monitor their speed and condition while on the road and report on events within vehicles. The service enables the city to improve safety and control costs by routing vehicles as efficiently as possible -- cutting down on fuel and maintenance expenses.
"This solution will enhance visibility into the vehicular operations of our city, increasing staff productivity, reducing costs and improving the safety of our drivers," said Greg Dietterick, city administrator, city of Seneca. "The city of Seneca has done a great job providing light and water services. AT&T's MRM solution is giving the city an excellent resource management tool that will help us deliver even faster and more efficient light and water services to our citizens."
The AT&T MRM solution relays vehicle location, speed and other data across the AT&T wireless data network and sends it to a secure Web site portal that is hosted in AT&T's data center. MRM data will be available to designated city light and water administrators who have access to a Web browser.
"AT&T's MRM solution for the city of Seneca demonstrates the unique ability of the new AT&T to deliver a converged enterprise application hosted in our world-class data centers and delivered across AT&T's wireless network to our business and government customers," said Ebrahim Keshavarz, vice president of Business Development, AT&T. "This solution helps Seneca leverage technology to quickly and cost-effectively respond to urgent service situations, whenever and wherever they might arise."
For more information about AT&T solutions for the state and local government market, please visit http://www.att.com/stateandlocal. For more information about AT&T's MRM service, please visit http://www.att.com/mrm.
About City of Seneca
The City of Seneca, which sits on Lake Keowee, was founded in 1874 and is in Oconee County of South Carolina. There is an approximate population of 8,000 within the city limits. Seneca Light and Water incorporates the Electrical, Water, Sewer, Billing, Engineering, and Administrative departments for the City of Seneca. These departments provide services for the City as well as surrounding areas with a total of 55 employees. There are approximately 13,500 water users, approximately 6,600 electric users, and approximately 5,000 sewer users. These departments make use of 42 vehicles on a daily basis.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Drew Giblin of AT&T Inc., +1-404-739-0154, Mobile,
+1-404-964-7805, dgiblin@attnews.us
Web site: http://www.att.com/
/C O R R E C T I O N -- China Sunergy Co., Ltd./
In the news release, China Sunergy Announces Financial Results for the Fourth Quarter and Full Year 2007, issued earlier today by China Sunergy Co., Ltd. over Xinhua PR Newswire, in the first table following the "Safe Harbor Statement," the third column should read, "December 31, 2006," and not "December 31, 2007," as incorrectly transmitted by Xinhua PR Newswire.
Full, corrected table below:
China Sunergy Co., Ltd.
Unaudited Condensed Consolidated Income Statement Information
(In US$ '000, except share and per share data)
For the 3 Months Ended
Dec 31, Sep 30, Dec 31,
2007 2007 2006
Net sales 71,497 48,956 70,691
Cost of goods sold (66,888) (47,944) (56,255)
Gross profit 4,609 1,012 14,436
Operating expenses:
Selling expenses (571) (432) (552)
General and administrative expenses (4,771) (3,731) (2,107)
Research and development expenses (449) (446) (345)
Total operating expenses (5,791) (4,609) (3,004)
(Loss)/Income from operations (1,182) (3,597) 11,432
Interest expense (2,027) (2,047) (923)
Interest income 456 560 (27)
Other income/(expenses), net 32 524 (2)
(Loss)/Income before income tax (2,721) (4,560) 10,480
Income tax benefit 467 133 40
Net (loss)/income (2,254) (4,427) 10,520
Dividend on Series A redeemable
convertible preferred shares (13,206)
Dividend on Series B redeemable
convertible preferred shares (28,212)
Dividend on Series C redeemable
convertible preferred shares (7,091)
Net (loss)/income attributable to
ordinary shareholders (2,254) (4,427) (37,989)
Net (loss)/income per ADS
Basic $ (0.06) $ (0.11) $ (2.18)
Diluted $ (0.06) $ (0.11) $ (2.18)
Weighted average ADS outstanding
Basic 39,555,463 39,555,463 17,423,333
Diluted 395,554,633 39,555,463 17,423,333
For further information contact:
Financial Dynamics
Julian Wilson:
Email: julian.wilson@fd.com
Tel: +86-10-8591-1951
Peter Schmidt:
Email: peter.schmidt@fd.com
Tel: +86-10-8591-1953
China Sunergy Co., Ltd.
CONTACT: Julian Wilson of Financial Dynamics, +86-10-8591-1951, or
julian.wilson@fd.com; Or Peter Schmidt, +86-10-8591-1953, or
peter.schmidt@fd.com
Destiny Media Technologies to Present at B. Riley & Co. 9th Annual Investor Conference
VANCOUVER, British Columbia, March 26 /PRNewswire-FirstCall/ -- Destiny Media Technologies (BULLETIN BOARD: DSNY) , a leader in secure media distribution technologies via the internet, announces that CEO Steve Vestergaard will present to attendees of the B. Riley & Co. 9th Annual Investor Conference, on April 2nd, 2008 at the Palms Casino in Las Vegas at 10:00 am in the Jazz A room.
Destiny Media Technologies has developed its reputation as the driving force in the media and entertainment industries with its proprietary media delivery systems, Clipstream(TM), Play MPE(TM) and My Play MPE(TM).
Having posted record growth in 2007 in the radio & recording industry with Play MPE(TM), CEO Steve Vestergaard is poised to outline the impact that digital media delivery will have on the entertainment industries in the years to come and the economic results therein for investors attending the conference.
For further information about the conference and registration, please refer to http://www.brileyco.com/conference/confinfo.htm.
About Destiny Media Technologies
Destiny (http://www.dsny.com/) is a software development company which provides tools that some of the world's largest media companies use to distribute their content on the Internet.
The MPE(TM) product line is based on two patent pending technologies which give the content owner the choice of locking content or embedding a digital trace that identifies the person that made copies. The Play MPE(TM) (http://www.plaympe.com/ and http://www.myplaympe.com/) music preview service securely moves pre-release music for over thousand record labels to trusted third parties, such as radio stations and media outlets. PODDS(TM) (http://www.podds.ca/) is an MPE(R) powered white-label software solution for securely selling music online. Destiny operates their own online store selling digital music to DJ's and online jukeboxes in Canada.
Clipstream(R) is a standards based streaming video solution which reaches more viewers than other technologies at a fraction of the bandwidth cost. Other products require the purchase and maintenance of complicated and expensive streaming servers. With Clipstream(R), content owners simply encode and upload to their existing web server. Visitors to the site don't need to download or install video software. Clipstream(R) products include on demand audio (http://www.clipstreamaudio.com/) and video (http://www.clipstream.com/), internet radio (http://www.radiodestiny.com/), IPTV (http://live.clipstream.com/), telephone audio (http://www.audio-mail.com/) and solutions for adverting (http://www.clipstreamad.com/) and market research (http://surveyclip.com/) customers.
Safe Harbor Statement
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
For more information, please contact:
Brian McWilliams
Spelling Communications
310-477-9500
bmcwilliams@spellcom.com
Destiny Media Technologies
CONTACT: Brian McWilliams of Spelling Communications, +1-310-477-9500,
bmcwilliams@spellcom.com, for Destiny Media Technologies
Web site: http://www.dsny.com/
SGI-Powered Traffic and Transportation Simulation Enables Planning for Traffic Efficiency and Emergency EvacuationSGI Altix 4700 Leverages Shared Memory and Scalability to Deliver Traffic Modeling and Analysis
SUNNYVALE, Calif., March 26 /PRNewswire-FirstCall/ -- An SGI(R) Altix(R) 4700 from SGI is enabling sophisticated traffic simulation at the recently unveiled Universal Transportation Model Simulation Center (UTMSC) at City College of New York (CCNY). The center is using the high performance computing solution to run traffic simulators and models for traffic planning, signal optimization and network flow. These models can be used to meet escalating traffic demands or to establish an effective transportation plan in the event of a disaster.
The SGI Altix 4700, powered by 40 Intel(R) Itanium2(R) processors, was installed in February, 2007.
Running VISTA(TM) traffic simulation software on the powerful SGI platform, researchers, public agencies and private consulting firms can generate large scale models for a number of different scenarios. These include transportation planning models to evaluate the impact of various infrastructure changes and assessing traffic control measures such as signal timing, speed limit changes, and High Occupancy Vehicle (HOV) lanes. Also included are evacuation and emergency response models to be used in the event of a natural disaster or other catastrophe.
"Traffic simulation is a very data intensive application," said Dr. Neville Parker, director of UTMSC, CUNY Institute for Transportation Systems. "The 40 core SGI Altix 4700 platform provides the low latency, scalability and expansive shared memory we need to allow multiple users to run our large-scale transportation models simultaneously."
"We've already seen significant speed in performance," continued Dr. Parker. "The SGI Altix 4700 simulates traffic at over 8x real time for medium sized regional networks and can perform forty such simulations in parallel."
"The models and simulations that UTMSC is making possible will have a far ranging impact on commuters in the New York Metropolitan area," said Doug Britt, senior vice president of Worldwide Sales at SGI. "The list of uses for these models is staggering. Using simulation software on the Altix 4700, UTMSC can evaluate potential results of special events such as the Super Bowl or changes in travel demand on a particular route, such as the opening of a new shopping center. They can even provide scenarios for large scale emergency evacuation."
About The City College of New York
For more than 160 years, The City College of New York has provided low-cost, high-quality education for New Yorkers in a wide variety of disciplines. Over 14,000 students pursue undergraduate and graduate degrees in the College of Liberal Arts and Sciences; The School of Architecture, Urban Design and Landscape Architecture (SAUDLA); The School of Education; The Grove School of Engineering, and The Sophie Davis School of Biomedical Education. For additional information, visit http://www.ccny.cuny.edu/.
About SGI Altix 4700
SGI(R) Altix 4700 features a shared-memory architecture that simplifies software development, workload management and system administration. It supports up to 512 sockets or 1024 cores under one instance of Linux and as much as 128TB of globally addressable memory. In addition, the 4700 is designed to deliver industry-leading bandwidth and latency for superior performance in shared or distributed memory applications.
SGI | Innovation for Results(TM)
SGI is a leader in high-performance computing. SGI delivers a broad range of high-performance server, storage and visualization solutions along with industry-leading professional services and support that enable its customers to overcome the challenges of complex data-intensive workflows and accelerate breakthrough discoveries, innovation and information transformation. SGI helps customers solve significant challenges whether it's enhancing the quality of life through drug research, designing and manufacturing safer and more efficient cars and airplanes, studying global climate change, providing technologies for homeland security and defense, or helping enterprises manage large data. With offices worldwide, the company is headquartered in Sunnyvale, Calif., and can be found on the Web at http://www.sgi.com/.
(C) 2008 SGI. All rights reserved. SGI, the SGI cube and the SGI logo are registered trademarks of SGI in the United States and/or other countries worldwide. Intel, and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries. All other trademarks mentioned herein are the property of their respective owners.
Marla Robinson
256.773.2371
marlar@sgi.com
SGI
CONTACT: Marla Robinson of SGI, +1-256-773-2371, marlar@sgi.com
Web site: http://www.sgi.com/
http://www.ccny.cuny.edu/
Berliner Retains Kidron Corporate Advisors to Identify Acquisition Opportunities
ELMWOOD PARK, N.J., March 26 /PRNewswire-FirstCall/ -- Berliner Communications, Inc. ("Berliner" or the "Company") (BULLETIN BOARD: BERL) , an end-to-end provider of outsourced services for the wireless communications industry, today announced that it has engaged Kidron Corporate Advisors LLC ("Kidron") as a financial and strategic advisor to assist it in identifying and exploring potential acquisition opportunities for the Company.
Kidron has advised on a wide variety of transactions and advisory projects, specializing in acquisitions and divestitures, with a focus on emerging technology and media companies.
"Berliner continues to grow organically and through the successful integration of three acquisitions in the last fiscal year, working with a number of wireless carriers across the U.S. in maintaining and upgrading their networks," said Berliner Chairman and Chief Executive Officer, Richard Berliner. "We believe that our financial success in fiscal 2008 makes this the right time to consider making selected strategic acquisitions. We view Kidron as being a very good fit for us, given their ability to bring multiple disciplines to the table, and their reputation for working very closely with their clients to understand their needs."
Mark Segall, Senior Managing Director and founder of Kidron Corporate Advisors LLC, stated, "Berliner offers potential partners an established infrastructure across the U.S. and strong relationships with a broad range of wireless companies. In 2007, the company established its ability to successfully and quickly close acquisitions and, more importantly, execute effective integration plans to realize the potential of these newly acquired assets. We believe there are many potential merger or acquisition candidates in the wireless infrastructure and specialty communication services fields that will complement Berliner's business and participate in the Company's growth."
About Berliner Communications, Inc.
Berliner Communications, Inc. and its wholly owned operating subsidiary, BCI Communications, Inc., are headquartered in Elmwood Park, New Jersey. BCI is an end-to-end provider of outsourced services for the wireless communications industry, including planning, deployment and management of network build-outs. BCI provides wireless carriers with comprehensive real estate site acquisition and zoning services, radio frequency and network design and engineering, infrastructure equipment construction and installation, radio transmission base station modification and project management services. For more information about Berliner's services, please visit http://www.bcisites.com/.
The statements in this press release, which are not historical fact, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, without limitation, statements regarding our fiscal 2008 results, the ability to achieve our sales and profitability goals, our perception of future industry trends and the potential positive impact our business prospects, and other such statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from ours expectations. Such risks and uncertainties include, without limitation, risks detailed in our filings with the United States Securities and Exchange Commission, the risk that future trends we have identified do not materialize or if they materialize that they do not have the beneficial effect we anticipate, as well as the risk that we will not be able to achieve our sales and profitability goals. All forward- looking statements in this document are made as of the date hereof, based on information available to us on the date hereof, and we disclaim any intention or obligation to revise any forward-looking statements, including, without limitation, financial estimates, whether as a result of new information, future events or otherwise.
Berliner Communications, Inc.
CONTACT: Investors - Todd Fromer, +1-212-896-1215, tfromer@kcsa.com, or
Garth Russell, +1-212-896-1250, grussell@kcsa.com, both of KCSA Strategic
Communications, for Berliner Communications, Inc.
Web site: http://www.bcisites.com/
Landslide Technologies Announce Development of a New WebEx Connect On-Demand Solution for Sales 2.0 MarketWebEx Connect Brings Together People, Process and Applications in a Collaborative Workspace Designed for the Way Business People Work Today
PITTSBURGH and SAN JOSE, Calif., March 26 /PRNewswire/ -- Landslide Technologies and on-demand collaboration applications leader WebEx, now part of Cisco , today announced, Landslide Victory, a new sales application based on the WebEx Connect platform designed to help salespeople stay focused on moving deals through their pipeline and improving sales production. Landslide's sales software helps organizations consistently achieve their revenue objectives by establishing a unified sales process and ensuring usage of sales best-practices and prescribed sales messaging.
Landslide's sales software is a cornerstone of the Sales 2.0 approach. Landslide's iOChannel, a collaborative workspace for exchanging information, creates a unique and compelling buying experience for prospects and allows salespeople to track a buyer's activities and interest levels. Additionally, Landslide VIP is included with the service and allows salespeople to offload data entry, administration and sales support tasks to a live personal assistant via phone or e-mail, so they can focus on selling.
"Today's announcement underscores the company's Sales 2.0 strategy to leverage the communications and collaboration tools of WebEx in order to help salespeople engage and win in the marketplace more productively and effectively than ever before," said Razi Imam, CEO and founder, Landslide Technologies. "Businesses now have a highly collaborative sales platform deserving of their commitment to world-class selling. Today's announcement takes Landslide to the next level by extending the solution to the WebEx Connect community to connect sales with buyers around the globe and across technological and organizational boundaries."
"There is no better way to help our WebEx Connect customers grow their business than by closing more deals," said Shankar Iyer, vice president, WebEx Connect Ecosystem, Cisco WebEx. "Landslide's solution keeps salespeople focused on moving deals through their pipeline at a more consistent rate and providing great value in allowing our customers to connect and collaborate real-time with sales."
Landslide Victory is one of the many applications users will be able to access through WebEx Connect. WebEx Connect will enable users to integrate data from multiple applications into collaborative workspaces, custom designed for their particular workflows and business processes. WebEx Connect works seamlessly across firewalls and across platforms and unlike traditional transactional applications is designed to improve productivity by enhancing collaboration and interaction between individuals and provide contextual collaboration within a business process. By leveraging open Web 2.0 protocols and collaborative WebEx applications programming interfaces (APIs), WebEx Connect will make it easy to adapt on-demand, desktop, and enterprise applications to create composite, "mashup" applications.
WebEx Connect partner marketing services can help partners create and execute go-to-market strategies, promotions and even generate leads. To learn more about the WebEx Connect ecosystem, go to http://community.webex.com/connect .
About Landslide Technologies, Inc.
Landslide Technologies, Inc., a pioneer in Sales Workstyle Management, is the first company to directly address the software, collaboration, and support needs of individual salespeople. Built for salespeople by salespeople, Landslide enables BtoB sales teams to follow the best process for driving large complex deals through the pipeline in a consistent manner, provide access to sales tools that help engage buyers and removes data entry burden from the life of the salesperson. Landslide product line maximizes salespeoples' time, drives them to action, and delivers results. The company is privately held with headquarters in Pittsburgh, PA. Additional information can be found at http://www.landslide.com/ .
You can also sign up for a free trial at http://www.mylandslide.com/ .
About Cisco
Cisco is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com/ . For ongoing news, please go to http://newsroom.cisco.com/ .
With 2.6 million registered users, WebEx, now part of Cisco, is the global leader in on-demand applications for collaborative business on the web. WebEx offers a full suite of web collaboration applications for specific business processes including marketing, sales, training, and support. Companies of every size gain strategic advantage by using WebEx to replace high-cost/high- touch interactions with efficient web-touch interactions. WebEx applications work across firewalls and across platforms, making them ideal for both internal and external collaboration. WebEx provides its services over the WebEx MediaTone Network, a secure global network specifically designed for on- demand applications. WebEx is based in Santa Clara, California and has regional headquarters in Europe, Asia and Australia. Please call toll free 877-509-3239 or visit http://www.webex.com/ for more information.
WebEx and MediaTone are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the U.S. and certain other countries. Other brands and products are trademarks or registered trademarks of their respective holders.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by use of the terms anticipates, believes, continue, could, estimates, expects, intends, may, plans, potential, predicts, should or will, or the negative of those terms or similar expressions. These forward-looking statements are subject to significant risks and uncertainties. Actual results may differ materially from those described in such statements as a result of these risks and uncertainties.
Landslide Technologies, Inc.
CONTACT: Jacqueline Pigliucci of Cisco, +1-408-853-6389,
jpigliuc@cisco.com; or Saman Haqqi, VP, Marketing of Landslide Technologies,
Inc., +1-412-489-1700, pr@landslide.com
Web site: http://www.landslide.com/
http://www.mylandslide.com/
http://www.webex.com/
Stinger Systems Contracts with Dr. Wayne McDaniel for Medical Studies and Consulting
TAMPA, Fla., March 26 /PRNewswire-FirstCall/ -- Stinger Systems, Inc. (BULLETIN BOARD: STIY) , a leader in electro-stun technology today announced that it has contracted with Dr. Wayne McDaniel of the University of Missouri, to perform a comparative analysis of the Stinger S-200, the Taser M26, and the Taser X26. Dr. McDaniel is a well-known researcher in this field, who has previously co-authored multiple papers in the area of Electronic Immobilization Devices (EIDs). He has also served as a consultant to EID manufacturers and as an expert witness related to EIDs.
Dr. McDaniel has completed his comparative analysis, and a link to his full report can be found on the Stinger Systems' home page, http://www.stingersystems.com/.
His analysis first involved applying each of the three commercial projectile stun guns to a resistive load. His report concludes that the Stinger S-200 deliver less energy, power, current, and voltage than both the Taser M26 and X26 when applied to a resistive load.
His study also characterized the current that was delivered into the torso of a human-sized pig by each of the three commercially available EID's. His report concludes that the Stinger S-200 delivered less peak and rms current than both the Taser X26 and the Taser M26.
Dr. McDaniel will be available to law enforcement departments who need additional details on this comparative analysis or regarding his other studies in this area.
Robert Gruder, Stinger Systems' Chairman stated, "The Stinger S-200 has demonstrated great knockdown power, through the use of a radically different electrical waveform. We now have independent confirmation from an established researcher in this field, that the S-200 achieves this knock-down power while delivering less of what Dr. McDaniel believes to be the most important electrical parameters."
ABOUT STINGER SYSTEMS
Stinger Systems, Inc., a leading provider of electro stun technologies, develops and sells a broad array of products utilizing advanced electro sparc-pulsed technology to police, corrections, and security sectors worldwide. http://www.stingersystems.com/.
FORWARD-LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are based on Stinger Systems' current intent, belief and expectations. These statements are not guarantees of future performance and are subject to certain risks and uncertainties that are difficult to predict. Actual results may differ materially from these forward-looking statements because of the risks described in Stinger Systems' filings with the Securities and Exchange Commission. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. Stinger Systems undertakes no obligation to update or revise the information contained in this announcement whether as a result of new information, future events or circumstances, or otherwise.
Stinger Systems, Inc.
CONTACT: Robert Gruder, Chairman and President of Stinger Systems, Inc.,
+1-866-788-6746, or info@stingersystems.com
Web site: http://www.stingersystems.com/
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