Companies news of 2008-03-27 (page 4)
Microsoft Announces Call for Entries for the 2008 Pharmaceutical and Life Sciences...
Nokia Wins Frost & Sullivan Award for Mobile Advertising
Ener1 Announces That It Is Now Debt FreeReceived Conversion Notices for 100% of...
New York Times Bestselling Author Tim Ferriss Joins Interwoven GearUp 2008 Keynote Line Up...
Harris Corporation Completes Over-the-Air Certification Testing of Shipboard SATCOM...
Capella Hotels and Resorts Selects Agilysys for Point-of-Sale SolutionLuxury Properties in...
National Semiconductor's 1.6 GHz Clocking Family Provides Industry's Best Noise...
Oracle Acquires Web Application Testing Software Assets From EmpirixStrengthens Oracle...
Nation's Utilities Join With PG&E to Curtail Energy Demand in Information Technology...
SVB Analytics Releases Life Science Venture Capital Funding ResearchData Establishes Value...
Motorola Introduces New CDMA EV-DO Base Site ControllerIP-BSC-DO supports quick,...
BNY Mellon Asset Servicing Launches Back-Office Service That Enables Investment Managers...
SAIC Awarded $32 M Contract by Naval Surface Warfare Center Crane DivisionCompany to...
ALTech Software Opens New Markets by Migrating its System i Food Industry Solution to .NET...
Alliance Data Signs Long-Term Agreement With Leading Specialty RetailerAlliance Data to...
China Medicine Announces Record Fourth Quarter and Fiscal Year 2007 Results
International Game Technology Invites You To Join Its Second Quarter Fiscal Year 2008...
Dycom Industries, Inc. Names H. Andrew DeFerrari as New Chief Financial Officer
Numerex Aligns Brand with Dynamic Machine-to-Machine (M2M) Industry Environment-...
Verizon Business Offers New Option for Outsourcing Network ServicesJuniper Networks...
BIO-key(R) to Sponsor and Exhibit at AABB Spring ConferenceUnveiling a Secure, Convenient...
CSC Selected to Compete for Customer Service Task Orders Under $2.5 Billion GSA Contract
Silicon Image Announces Webcast of Upcoming Investor Event
Featured Stocks on Today's Edition of WallSt.net's 3-Minute Press Show: PXC, NHYF, SDVI
Orbitz Worldwide Renews Distribution Deal Partnership with Dollar Thrifty Automotive Group...
Silicon Image Announces Webcast of Upcoming Investor Events
Pharsight Signs New Diabetes Meta-Database CustomerTop 20 Global Pharmaceutical Company...
BioLife Solutions Expands Presence in Cell Therapy and Cord Blood Banking Market...
SINA to Present at the 11th Credit Suisse Asian Investment Conference
ACS Expands National Dental Outreach Program to DallasElementary school children to...
Microsoft Announces Call for Entries for the 2008 Pharmaceutical and Life Sciences Innovation AwardsAwards recognize Microsoft-based solutions in discovery and product innovation, sales and marketing, manufacturing and supply chain, and clinical development.
REDMOND, Wash., March 27 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced the call for entries for the 2008 Microsoft Pharmaceutical and Life Sciences Innovation Awards, recognizing breakthroughs in the use of Microsoft technology in four categories.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
Awarded annually, this year's competition will recognize the positive impact that new and innovative technologies are delivering in the areas of discovery and product innovation, sales and marketing, manufacturing and supply chain, and clinical development. Pharmaceutical and life sciences corporations worldwide are eligible, including those in the areas of biotechnology, diagnostics, medical equipment, animal health, nutritional products and consumer health products.
An award will be presented in each category to eligible pharmaceutical or life sciences corporations that best demonstrate leadership in improving business operations through deployment of Microsoft technologies. Implementations for consideration must include the use of BizTalk Server, the Microsoft Office system, Microsoft SQL Server or other Microsoft technology.
The award categories and judging criteria include these:
-- Discovery and Product Innovation. This award recognizes technological
innovation that enhances a pharmaceutical or life sciences
corporation's ability to quickly deliver safer and more efficacious
products to the market by reducing complexity, lowering cost, and
enhancing the speed and quality of the discovery process.
-- Sales and Marketing. This award recognizes technological innovation
that enhances a pharmaceutical or life sciences corporation's ability
to inform and educate physicians and healthcare professionals,
consumers, and even insurance and benefits plan providers about the
benefits, value and safety of the pharmaceutical and healthcare
offerings produced.
-- Manufacturing and Supply Chain. This award recognizes the use of
innovative technology to improve a pharmaceutical or life sciences
corporation's ability to expedite delivery of products to consumers by
reducing complexity and costs, improving productivity, and enhancing
product life-cycle management, compliance, safety, quality and speed to
use through advancements in manufacturing and supply chain.
-- Clinical Development. The winner in this category will be the
pharmaceutical or life sciences company demonstrating innovative use of
Microsoft technologies in drug development, biotechnology, medical and
diagnostic devices, or animal health and consumer health products
resulting in the company's ability to improve time to market as well as
quality during the process of conducting clinical trials, analysis and
submission.
Awards Schedule
Entries must be submitted by 5 p.m. PDT Monday, May 5, 2008. Microsoft will announce the winners at the DIA annual meeting in Boston in June 2008. An entry kit and full details are available on the Microsoft Life Sciences Web site at http://www.microsoft.com/lifesciences under the Events & Webcasts section. To enter, participants should download the entry form and e-mail their completed applications to lsia@microsoft.com. More information about the awards can be obtained by contacting Monika Skibeness at (425) 870-4880.
About Microsoft in Health and Life Sciences
Microsoft provides standards-based products and technology to help the healthcare and life sciences industries break down information barriers between the disparate IT environments across pharmaceutical, biotechnology and medical device companies, physicians and healthcare professionals, provider organizations, government and private-sector employers, health insurers, and consumers. Microsoft's vision for knowledge-driven health utilizes the company's market-leading technology to help people in the healthcare provider, payer and life sciences organizations integrate their systems, dramatically enhance collaboration, and increase information sharing and learning - ultimately resulting in the ability to deliver high-quality products and services to patients and consumers worldwide. More information about Microsoft in the Life Sciences Industry can be found at http://www.microsoft.com/lifesciences.
About Microsoft
Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages. Web links, telephone numbers and titles were correct at time of publication, but may since have changed. For additional assistance, journalists and analysts may contact Microsoft's Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/presspass/contactpr.mspx.
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Microsoft Corp.
CONTACT: Ted Ladd, Microsoft, +1-646-225-4722, tedladd@microsoft.com; or Caitlin McCabe, Ruder Finn, +1-415-348-2723, mccabec@ruderfinn.com
Web site: http://www.microsoft.com/
Nokia Wins Frost & Sullivan Award for Mobile Advertising
BOSTON, March 27 /PRNewswire/ -- Nokia has been awarded the 2008 North American Mobility Award for On-deck Mobile Advertising by Frost & Sullivan, solidifying the company's position as one of the pioneers and continued leaders of the mobile advertising industry.
Nokia acquired mobile advertising leader, Enpocket, in October 2007 and continues to leverage Enpocket's ground-breaking analytics technology to optimize campaigns, improve conversions, and measure campaign performance across the network, allowing the company to provide mobile advertising solutions to some of the biggest brand advertisers around the world.
"Nokia continues to drive innovation in the U.S. Mobile Advertising industry and remains the preferred partner of mobile operators, advertisers and content publishers," said Frost & Sullivan Senior Industry Analyst Vikrant Gandhi. "The company has been a key partner of Sprint's pioneering mobile advertising initiative and plays a central role in ad-enabling Sprint's mobile properties and powering the Sprint Mobile Media Network."
Nokia enables advertisers to place ads on publisher and operator mobile Web pages, as well as Nokia properties, representing a global consumer reach of more than 100 million mobile consumers. As part of the turn-key service for advertisers, the award-winning mobile marketing team from Nokia creates mobile campaigns for hundreds of top brands.
"We're pleased to accept this award from Frost & Sullivan," said Mike Baker, VP and head of Nokia Interactive. "We are committed to building a mobile advertising ecosystem that provides advertisers with a high-performing and measurable medium for reaching their target audience while ensuring a relevant and respectful advertising experience for consumers."
Frost & Sullivan Mobility Awards recognize outstanding industry achievements by presenting awards to top companies in a variety of Mobile & Wireless markets. The Mobility Awards recognize the diligence, perseverance, and dedication required to develop successful products, services, technologies, and solutions that have demonstrated unparalleled excellence in the increasingly competitive global marketplace. These Awards recognize superior planning and execution of product launches, technological innovations, distribution strategies, mergers and acquisitions, and strategic alliances. A host of other crucial marketing factors such as leadership, strategy, service, innovation, integration, and development are also recognized. Frost & Sullivan presents Mobility Awards in recognition of companies that endeavored to make a positive contribution to the Mobile & Wireless market.
To learn more about Frost & Sullivan's Best Practices Awards program, visit http://www.awards.frost.com/
About Nokia
Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We also provide equipment, solutions and services for communications networks through Nokia Siemens Networks.
Nokia
CONTACT: Nokia, Americas Communications, +1-972-894-4573, communication.corp@nokia.com, or Nokia Communications, +358-7180-34900, press.office@nokia.com
Web site: http://www.nokia.com/ http://www.awards.frost.com/
Ener1 Announces That It Is Now Debt FreeReceived Conversion Notices for 100% of Convertible Debentures
FORT LAUDERDALE, Fla., March 27 /PRNewswire-FirstCall/ -- Ener1, Inc. (BULLETIN BOARD: ENEI) today announced that all of the remaining holders of its 2004 and 2005 Convertible Secured Debentures have elected to convert their debentures into common stock.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040825/FLW010LOGO )
The Company also announced that Ener1 Group, Inc., the majority shareholder of Ener1, also converted its holdings of $11,960,000 of convertible Ener1 notes plus interest into common stock as of March 25, 2008. As a result of the conversions, the company is now debt free and the security interests in the company's assets that were granted in favor of the debenture holders can be released.
Charles Gassenheimer, Ener1's Chairman, commented, "In one of the most difficult capital markets environments, Ener1 has successfully completed a $32 million capital raise in November 2007 and now has completed the clean-up of its balance sheet. While we still have significant challenges ahead, the debt-free balance sheet allows management to focus on building company value, and frees operating cash to invest in our future. The improved balance sheet has also been a significant benefit in discussions with customers and partners."
About Ener1, Inc.
Ener1, Inc. (BULLETIN BOARD: ENEI) is leading the North American development and commercialization of advanced, high-performance safe lithium ion (Li-ion) batteries for hybrid electric vehicles (HEVs), Plug-in HEVs (PHEVs) and Electric Vehicles (EVs). Ener1 also is developing commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications at its NanoEner subsidiary. For more information, visit http://www.ener1.com/ and http://www.enerdel.com/ or call 954-556-4020.
Contact: Michael Mason (investor relations)
Allen & Caron Inc
212 691 8087
michaelm@allencaron.com
Jerry Herlihy (Ener1)
954 556-4020 x310
Jherlihy@ener1.com
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Ener1, Inc.
CONTACT: Michael Mason (investor relations) of Allen & Caron Inc, +1-212-691-8087, michaelm@allencaron.com; or Jerry Herlihy of Ener1, +1-954-556-4020 x310, Jherlihy@ener1.com
Web site: http://www.ener1.com/
New York Times Bestselling Author Tim Ferriss Joins Interwoven GearUp 2008 Keynote Line Up
SAN JOSE, Calif., March 27 /PRNewswire-FirstCall/ -- Interwoven, Inc. , a global leader in content management solutions, today announced that Tim Ferriss, New York Times Bestselling Author of The 4-Hour Workweek, has joined the lineup of keynote speakers for Interwoven GearUp 2008. GearUp 2008, Interwoven's annual user conference, will be held at the Marriott Hotel in San Francisco, April 22-24, 2008. For detailed information, or to register for the event, please visit http://www.interwoven.com/gearup.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO )
Tim Ferriss, an author and entrepreneur, is intent on shifting conventional wisdom around working in the digital age. Tim has been featured by dozens of media outlets, including The New York Times, The Economist, National Geographic Traveler, NBC, and MAXIM. The 4-Hour Workweek is his first book on the concept of performance-based living, workflow optimization, and lifestyle design. According to Tim, lifestyle design doesn't take much time. It just takes a few uncommon decisions, and even more uncommon actions to achieve its three necessary ingredients: time, income, and mobility.
Tim is a popular guest lecturer at Princeton University in High-Tech Entrepreneurship and Electrical Engineering since 2003, where he presents entrepreneurship as a tool for ideal lifestyle design and world change. Additionally, Tim has amassed a diverse roster of credentials and experience, including:
-- First American in history to hold a Guinness World Record in tango.
-- National Chinese kickboxing champion
-- Actor on hit TV series in mainland China and Hong Kong
-- Hurling competitor in Ireland.
"Many synergies exist between what I discuss in my book, The 4-Hour Workweek and Interwoven's GearUp 2008 theme, 'Shift -Expectations, Strategy, Perspectives.'" said Tim Ferriss, author and entrepreneur. "During my session, I will highlight for GearUp attendees how to shift and adapt their thinking in order to get the results they seek -this is the difference between being efficient and being effective."
"We're thrilled to add Tim to our all-star lineup of keynote speakers who will focus on shifting perspectives to adapt to the turbulent change underway in today's business landscape," said Ben Kiker, chief marketing officer at Interwoven. "To adapt and thrive we must shift perspectives professionally and personally, and we could think of no greater speaker than Tim to discuss how to successfully make this shift in the digital age. Plus, Tim speaks six languages and is the first American in history to hold a Guinness world record in tango, so his presentation promises something for everyone in the audience!"
Additional GearUp 2008 radical thinkers and speakers include:
-- Guy Kawasaki, an innovative entrepreneur and an author of eight books,
who has made a living from shifting conventional thinking.
-- Listen to a preview of his keynote at
http://www.interwoven.com/podguyk
-- Robert X. Cringely, an irreverent columnist for InfoWorld, and a host
and producer at PBS. Cringely was the 12th employee at Apple (1977) and
brings a unique view of the technology landscape based on his
experiences over the past 30 years.
-- Listen to a preview of his keynote at
http://www.interwoven.com/podcringely
-- Suresh Vittal, a senior analyst at Forrester focused on interactive
marketing. Vittal helps marketing clients navigate the ever-shifting
marketing technology landscape to develop data-driven marketing
strategies.
-- Listen to a preview of his keynote at
http://www.interwoven.com/podvittal
About GearUp 2008 and Registration
Interwoven's 7th annual GearUp 2008 conference will showcase how unlocking the value of content can help companies continue to prosper amidst a constantly shifting business landscape. This year's conference will be held at the Marriott Hotel in San Francisco, April 22-24, 2008. For detailed information, or to register for the event, please visit http://www.interwoven.com/gearup.
The theme for GearUp 2008 is "Shift -- Expectations, Strategy, Perspectives." In today's wildly fluctuating market landscape, a company's success lies in its ability to adapt to shifting demands. GearUp 2008 will showcase how companies are finding innovative ways to leverage content as one of their strongest assets, allowing them to set their sights on the future. By building a strong foundation with content at the core, businesses gain the agility to shift their strategy in response to changing market conditions.
About Interwoven
Interwoven, is a global leader in content management solutions. Interwoven's software and services enable organizations to maximize online business performance and organize, find, and govern business content. Interwoven solutions unlock the value of content by delivering the right content to the right person in the right context at the right time. Over 4,200 of the world's leading companies, professional services firms, and governments have chosen Interwoven, including adidas, Airbus, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, the Federal Reserve Bank, FedEx, Grant Thornton, Hilton Hotels, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Qantas Airways, Tesco, Virgin Mobile, and White & Case. Over 20,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit http://www.interwoven.com/.
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Interwoven, Inc.
CONTACT: Danielle Hamel of Interwoven, Inc., +1-408-953-7251, dhamel@interwoven.com
Web site: http://www.interwoven.com/ http://www.interwoven.com/gearup http://www.interwoven.com/podguyk http://www.interwoven.com/podcringely http://www.interwoven.com/podvittal
Harris Corporation Completes Over-the-Air Certification Testing of Shipboard SATCOM TerminalFirst Shipboard Terminals to Support Simultaneous X/Ka-band Operations; Provides Navy with Significantly Greater Bandwidth for Mission Critical Communications
MELBOURNE, Fla., March 27 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, has successfully completed over-the-air certification testing of a new shipboard satellite terminal that can help provide the U.S. Navy with more than 10 times the communications capacity of the predecessor satellite system.
Harris completed over-the-air Ka-band certification testing of its AN/WSC- 6 Tri-band shipboard SATCOM terminal using the first Wideband Global SATCOM (WGS) system satellite launched in October 2007. The testing was conducted at the Harris NetCentric Testbed facility in Palm Bay, Florida, by personnel from the Space and Missile Defense Command, Army Strategic Command and the Joint Systems Engineering Center. Testing included simulating a ship's motion consistent with very rough seas, called state 6 conditions.
A dual-band (C/X) version of the terminal, the AN/WSC-6E(V)9, was previously certified for X-band operation in June 2006. The AN/WSC-6E(V)9 terminals have the potential to be upgraded from a dual-band configuration to a tri-band configuration supporting simultaneous X-/Ka-band operations so crew members can take advantage of the significantly increased capacity offered by the WGS constellation.
"The simultaneous dual X/Ka-band capability is key to achieving substantial increases in bandwidth in comparison to single-band terminals," said Wes Covell, president, Harris Defense Programs. "Our AN/WSC-6E(V)9 terminals are already successfully deployed in the Navy's fleet, and are the first shipboard SATCOM terminals to support simultaneous X/Ka-band operations. The completion of the over-the-air testing is another major milestone in the 10-year history of the Harris AN/WSC-6(V)9 terminal family."
About Harris Corporation
Harris is an international communications and information technology company serving government, defense and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of almost $5 billion and 16,000 employees - including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(TM) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/ .
Harris Corporation
CONTACT: Sleighton Meyer of Harris Defense Programs, +1-321-727-6514, sleighton.meyer@harris.com; Jim Burke of Harris Corporation, +1-321-727-9131, jim.burke@harris.com; or Marc Raimondi of Harris Corporation - Washington, D.C., +1-703-739-1738, marc.raimondi@harris.com
Web site: http://www.harris.com/
Capella Hotels and Resorts Selects Agilysys for Point-of-Sale SolutionLuxury Properties in Austria and Ireland Implement InfoGenesis POS(TM) by Agilysys
BOCA RATON, Fla., March 27 /PRNewswire-FirstCall/ -- Agilysys, Inc. , a leading provider of innovative information technology and hospitality software solutions, announced today that Capella Hotels and Resorts, headquartered in Atlanta, has selected InfoGenesis POS(TM) by Agilysys to streamline food and beverage operations at two of its world-class destination properties -- Capella Castlemartyr in County Cork, Ireland and Schloss Velden in Velden, Austria. The system will interface with each hotel's property management system using Hotel Technology Next Generation (HTNG) protocol.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO )
InfoGenesis POS is a flexible, robust and enterprise-ready point-of-sale solution that combines powerful reporting and configuration capabilities with an easy-to-use touch-screen terminal application. The system's centralized database pulls together food and beverage functions, enabling total management of dining, bar and room service operations. Real-time access to information enables food and beverage managers to provide more efficient service and reduce potential losses. Features of the system include:
-- Sorting, filtering and grouping options that enable staff to locate
information quickly and easily;
-- Organizational controls that allow staff to monitor configuration
changes in the system;
-- Real-time reporting capabilities that enable properties to create
customized reports, review guest spending patterns and reduce costs;
and
-- Encryption tools that ensure guest data is safe and secure.
"We were looking for a flexible and reliable point-of-sale solution for our food and beverage operation, and InfoGenesis POS provided exactly what we needed," said Peter Schoch, vice president of food and beverage for Capella Hotels and Resorts. "The solution's functionality, reliability and seamless integration with other software systems will enable us to streamline operations and deliver the high quality of experience our guests have come to expect."
"The InfoGenesis POS solution has a track record of success at major hotel and resort properties around the world and is perfectly suited to the needs of Capella Castlemartyr and Schloss Velden," said Tina Stehle, senior vice president and general manager of Agilysys Hospitality Solutions. "The system's many features will enable the food and beverage operations at each hotel to operate at peak efficiency while allowing the properties to capitalize on revenue opportunities."
Capella Hotels and Resorts serves today's top-tier travelers and residential property owners and is setting a new standard in the hospitality industry. Capella promises the unique benefits of the finest boutique hotels - - including superb architecture and interior design, privacy, individualized service and attention to detail -- combined with the amenities and activities of the world's great luxury hotels and resorts. Capella, led by founder Horst Schulze, is a brand focused on customer choice, and offers selections no other hotel company in the world can match. Capella is opening world-class properties in gateway cities and high-profile resort destinations around the world, including: Capella Telluride in Telluride, Colo.; Capella Singapore on Sentosa Island; Breidenbacher Hof in Dusseldorf, Germany; Capella Bahia Maroma in Riviera Maya, Mexico; Capella Pedregal in Cabo San Lucas, Mexico; Capella Castlemartyr in Cork, Ireland; Capella Dunboy Castle in Castletownbere, Ireland; and Schloss Velden in Velden, Austria.
About Agilysys, Inc.
Agilysys is a leading provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select markets, including retail and hospitality. The company uses technology -- including hardware, software and services -- to help customers resolve their most complicated IT needs. The company possesses expertise in enterprise architecture and high availability, infrastructure optimization, storage and resource management, identity management and business continuity; and provides industry-specific software, services and expertise to the retail and hospitality markets. Headquartered in Boca Raton, Fla., Agilysys operates extensively throughout North America, with additional sales offices in the United Kingdom and China. For more information, visit http://www.agilysys.com/ .
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Agilysys, Inc.
CONTACT: Maureen Morreale of Agilysys, Inc., +1-440-519-8161, maureen.morreale@agilysys.com; or Vikki Meldrum of Dix & Eaton for Agilysys, Inc., +1-216-241-3020, vmeldrum@dix-eaton.com
Web site: http://www.agilysys.com/
National Semiconductor's 1.6 GHz Clocking Family Provides Industry's Best Noise PerformancePowerWise LMK010x0 Family Simplifies System Design with Low Additive Jitter
SANTA CLARA, Calif., March 27 /PRNewswire-FirstCall/ -- National Semiconductor Corp. today introduced a family of three ultra low-noise and fully-featured clock buffers, dividers and distributors that simplify system clock design while providing the industry's lowest additive noise -- 30 femtoseconds (fs) of additive root means square (RMS) jitter. The high-performance LMK01000, LMK01010 and LMK01020 divide and distribute low-jitter clocks throughout high-performance systems such as wireless infrastructure, test and measurement, and medical ultrasound and imaging.
National offers the LMK010x0 family in three output configurations: The LMK01000 has a mix of three low-voltage differential signaling (LVDS) and five low-voltage positive-emitter-coupled logic (LVPECL) outputs; the LMK01010 is offered with eight LVDS outputs to address low-power applications; and the LMK01020 has eight LVPECL outputs to support ultra high-performance applications. All three products provide power-noise specifications that place them among National's PowerWise(R) family of energy-efficient products. The LMK01000 offers 8.9 mW-ps per channel, while the LMK01010 is rated at 5.3 mW-ps per channel and the LMK01020 at 11.2 mW-ps per channel.
The devices' low additive jitter allows system designers to distribute multiple copies of a clean clock (while maintaining clock integrity) and eliminates the need for additional jitter cleaning components. Each device's output offers a programmable skew control circuit that simplifies board layout, enabling the designer to adjust the skew of each clock output and compensate for board trace mismatch.
Part of Highly Integrated Clock Family
The LMK01000, LMK01010 and LMK01020 ultra low-noise clock buffers, dividers and distributors are pin and footprint compatible with National's LMK02000 and LMK03000 family of precision clock conditioners. They join the recently released LMK03000D and LMK03001D low jitter (1.2 ps RMS) precision clock conditioners aimed at high-performance applications. National's precision clock conditioner family is available in four pin-compatible performance grades, allowing flexible system design using one PC board layout.
Key Technical Features -- Clock Buffers, Dividers, and Distributors
The LMK01000, LMK01010 and LMK01020 ultra low-noise clock buffers, dividers and distributors provide 1.6 GHz operation with low additive RMS jitter of 30 fs. Each individual clock output features an independently programmable divider and skew control circuit. These features allow the distribution of eight unique frequencies at eight unique skew relationships. The output of the dividers can be synchronized by an external pin.
The LMK010x0 family of devices has two separate clock inputs with a user programmable mux for selection between two different clock domains. National offers these devices in 48-pin LLP(R) packages.
National fabricates these products on its proprietary BiCMOS8 process technology in its South Portland, Maine, facility. This state-of-the-art silicon germanium process enables the devices to achieve the lowest jitter and power performance in the industry.
About National's Interface Portfolio
National Semiconductor, the LVDS and CML technology innovator and market leader, offers a wide range of interconnect solutions that transfer high-speed digital signals using world-class analog technology. These solutions help system designers develop high-performance applications in a variety of markets, including communication and industrial systems. The products feature high reliability, low power and low noise, as well as dramatic systems savings in cable and connector costs. National Semiconductor is the world's largest supplier of high-speed LVDS products, according to Databean's 2006 Analog IC Market Share survey. For more information on National's interface products, visit http://www.national.com/appinfo/interface/.
Pricing and Availability
Available now, the LMK01000, LMK01010 and LMK01020 are priced at $7.25 each in 1,000-unit quantities. For more information on these clock buffers, dividers and distributors, or to order samples and an evaluation board, visit http://www.national.com/pf/LM/LMK01000.html, http://www.national.com/pf/LM/LMK01010.html, and http://www.national.com/pf/LM/LMK01020.html.
National's clock design tool simplifies design, analysis and parts selection for a wide variety of applications. To explore this new design tool, visit http://www.national.com/timing.
About National Semiconductor
National Semiconductor, the industry's premier analog company, creates high-value analog devices and subsystems. National's leading-edge products include power management circuits, display drivers, audio and operational amplifiers, interface products and data conversion solutions. National's key analog markets include wireless handsets, displays, communications infrastructure, medical, automotive, industrial, and test and measurement applications. Headquartered in Santa Clara, Calif., National reported sales of $1.93 billion for fiscal 2007, which ended May 27, 2007. Additional company and product information is available at http://www.national.com/.
LLP is a registered trademark of National Semiconductor Corporation.
Media Contact Reader Information
Mark Alden Design Support Group
National Semiconductor (800) 272-9959
(408) 721-6929 World Wide Web
mark.alden@nsc.com http://www.national.com/
National Semiconductor Corp.
CONTACT: Media, Mark Alden of National Semiconductor Corp., +1-408-721-6929, mark.alden@nsc.com
Web site: http://www.national.com/
Oracle Acquires Web Application Testing Software Assets From EmpirixStrengthens Oracle Enterprise Manager with Leading e-TEST suite Products
REDWOOD SHORES, Calif., March 27 /PRNewswire-FirstCall/ -- Oracle announced today that it has entered into an agreement to acquire the e-TEST suite products from Empirix, a provider of Voice and Web application testing and monitoring solutions. Empirix's e-TEST suite is a set of Web application testing solutions that help customers deploy higher quality applications more efficiently and at lower cost. The e-TEST suite products will be incorporated into Oracle Enterprise Manager and Oracle Real Application Testing, and the combination is expected to result in a comprehensive solution for testing packaged and custom-built applications.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO )
"Application testing is becoming increasingly important as customers seek to deploy applications faster, at a lower cost and with higher quality of service," said Leng Leng Tan, Oracle Vice President, Applications and Systems Management. "Customers are looking for automated application testing solutions that help prevent costly application performance problems, avoid unplanned outages of business-critical applications, and automate the manual steps involved in application testing. We expect that the combination of Empirix's e-TEST suite and Oracle Enterprise Manager will create a best-of-breed systems management portfolio spanning the full application life cycle, from development and testing to production deployment and management."
"Empirix and Oracle have a shared commitment to provide industry-leading, standards-based offerings focusing on Web and SOA application development," said Larry Timm, VP and GM of Empirix's Web Business Unit. "We are excited that Oracle is adding the e-TEST suite to the Oracle Enterprise Manager portfolio and believe that customers and partners will benefit from being better able to deploy performance-optimized applications."
The transaction is subject to certain closing conditions, and Empirix's Web application testing business continues to be part of Empirix until the deal closes. Financial details were not disclosed. More information is available at http://www.oracle.com/Empirix.
About Oracle Enterprise Manager 10g
Spanning applications, middleware, and database management, Oracle Enterprise Manager 10g delivers integrated enterprise management for Oracle and non-Oracle systems to more than 21,000 customers worldwide. Employing a unique "top-down" approach to managing application and IT infrastructure resources, Oracle Enterprise Manager allows customers to focus on what matters for its business -- greater agility, better service quality and lower operational costs. With a broad set of administration, configuration management, provisioning, end-to-end monitoring, service level management, and security capabilities, Oracle Enterprise Manager 10g helps customers manage service levels, proactively isolate business exceptions before they become emergencies, and remediate issues at any level spanning application and heterogeneous infrastructure -- all within one management solution. Learn more at http://www.oracle.com/enterprisemanager.
About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com/.
Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners. This document is for informational purposes only and may not be incorporated into a contract.
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Oracle
CONTACT: Letty Ledbetter, Oracle Public Relations, +1-650-506-8071, letty.ledbetter@oracle.com, or Roy Lobo, Oracle Investor Relations, +1-650-506-4073, Investor_us@oracle.com
Web site: http://www.oracle.com/
Nation's Utilities Join With PG&E to Curtail Energy Demand in Information Technology IndustryOne-Of-Its-Kind Gathering Aims to Promote Green Technology within the IT Industry
SAN FRANCISCO, March 27 /PRNewswire-FirstCall/ -- Pacific Gas and Electric Company (PG&E) announced that 19 of the nation's utilities will gather today in San Francisco for the first face-to-face meeting of the PG&E-sponsored Utility Information Technology Energy Efficiency Coalition in an effort to dramatically reduce power usage in data centers and other IT applications.
"The opportunities for dramatic energy efficiency improvements in this market are drawing the attention of leading utilities across the United States," said Mark Bramfitt, principal program manager of customer energy efficiency at PG&E. "We're sharing program and service delivery models to drive nationwide adoption, helping to secure a sustainable energy future for the industry, and driving a positive impact on the environment through significantly reducing carbon dioxide emissions."
The Utility IT Energy Efficiency Coalition comprises over 24 utilities from across the US and Canada that are primed to address the high tech, data center, and IT infrastructure markets. California utilities are well represented, with Southern California Edison, San Diego Gas and Electric, the Sacramento Municipal Utility District, City of Palo Alto, and Los Angeles Department of Water and Power attending the meeting. Utilities from the Pacific Northwest, Texas, New York, and Canada will also participate at the two-day event.
To the extent possible, the utilities intend to drive toward consistent energy efficiency program and service offerings, leveraging the support of vendors and service providers to the IT industry. The meeting will feature technology and program briefings, a view of market potential from top industry analysts, and a tour of data centers in Silicon Valley that have implemented leading energy-efficient technologies and management practices.
PG&E founded the Coalition in 2007 and has established a collaborative web site where member utilities share program documentation, technical resources, and market intelligence. In addition to sponsoring the Coalition, PG&E supports other industry associations such as The Green Grid, and is a board member of the Climate Savers Computing Initiative.
With a large concentration of high-tech companies and data centers located in the San Francisco Bay Area, along with a thirty-plus year history of developing and delivering energy efficiency programs, PG&E has developed a comprehensive program portfolio to serve this market segment. The portfolio includes customer education and training programs, technical evaluation support, and financial incentives and rebates for customers who adopt energy-efficient technologies and practices.
PG&E's services for this market segment are part of a full suite of customized energy efficiency products and services the company offers to its customers, including rebates and incentives, energy analyses, demand response programs, and more. Since the inception of these programs in 1976, PG&E customers have achieved significant cumulative lifecycle energy and cost savings of more than 118 million megawatt hours of electricity and more than $22 billion, avoiding the release of more than 135 million tons of carbon dioxide (CO2) into the atmosphere.
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation, is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, the company delivers some of the nation's cleanest energy to 15 million people in northern and central California. For more information, visit http://www.pge.com/about/.
For more information about Pacific Gas and Electric Company, please visit the
company's web site at http://www.pge.com/
Pacific Gas and Electric Company
CONTACT: PG&E News Department, +1-415-973-5930
Web site: http://www.pge.com/
SVB Analytics Releases Life Science Venture Capital Funding ResearchData Establishes Value Expectations for Future Rounds of Funding
SAN FRANCISCO and BOSTON, March 27 /PRNewswire-FirstCall/ -- SVB Analytics, a leading provider of valuation and corporate equity management services, released Volume 3 of its research series today, which analyzes the value drivers in the world of venture capital. The research is based on examinations of valuation data for thousands of venture-backed technology and life science companies.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060213/SFM027LOGO)
This latest report provides data that investors and companies can employ to help benchmark value expectations for future rounds of venture capital financing. The research does this by taking an in-depth look at the difference in value between one round of venture capital financing and the next (step-ups), and uncovers the typical ranges for step-ups by stage in the life science sector. This data can serve as a valuable statistical reference point when determining pricing for future rounds of investment. Similar reports on the hardware and software sectors will follow in Q2 2008.
"Until now, figuring out an appropriate value for follow-on rounds has been an artful negotiation coupled with a lot of guesswork," said Jim Anderson, president of SVB Analytics. "Historically VCs have only had anecdotal step-up information about other life science companies to add to the detailed knowledge of their own portfolio. This data will give a broader perspective and infuse a little more science into the valuation process."
For a copy of SVB Analytics Research Series, Volume 3 please visit http://www.svb.com/pdfs/SVBAnalytics_Research_Vol3.pdf
The research is authored by theoretical mathematician and SVB Analytics Research Director Cindy Moore and edited by SVB Analytics founder and President Jim Anderson. The research was funded by SVB Analytics, a member of SVB Financial Group . SVB Analytics research is conducted using a database containing 16,000 companies and more than 51,000 financings.
About SVB Analytics
SVB Analytics offers valuation and corporate equity administration services to private, venture capital-backed companies and venture capital firms. SVB Analytics' initial service offerings include fair market 409A valuations and corporate equity tracking and administrative services. SVB Analytics is a member of global financial services firm SVB Financial Group , with Silicon Valley Bank, SVB Capital, SVB Global and SVB Private Client Services, which serve the unique needs of technology, life science and private equity firms. More information on the company can be found at http://www.svb.com/svbanalytics.
Disclaimer:
SVB Analytics is a non-bank affiliate of Silicon Valley Bank and a member of SVB Financial Group. Products and services offered by SVB Analytics are not FDIC insured and are not deposits or other obligations of Silicon Valley Bank. Silicon Valley Bank is a member of the FDIC and the Federal Reserve and it is the California bank subsidiary of SVB Financial Group, which is also a member of the Federal Reserve.
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SVB Analytics
CONTACT: Carrie Merritt of SVB Financial Group, +1-503-574-3705, cmerritt@svb.com
Web site: http://www.svb.com/
Motorola Introduces New CDMA EV-DO Base Site ControllerIP-BSC-DO supports quick, cost-efficient deployment of high bandwidth services
ARLINGTON HTS., Ill., March 27 /PRNewswire-FirstCall/ -- Motorola today announced the availability of a new IP-BSC-DO, a highly scalable EV-DO Base Site Controller (BSC) platform that enables CDMA operators to quickly and cost effectively upgrade the DO broadband data capacity. The new IP BSC provides 12 times the site capacity and IP data session capacity compared to the first generation DO BSC, while using significantly less floorspace. The new IP-BSC-DO is expected to be available for commercial shipment to operators worldwide in Q2 2008.
The new IP-BSC-DO product offers a higher bandwidth platform that not only supports existing operators' high speed data applications, but also is well suited to support advanced data applications like Voice over IP, video telephony and multimedia push-to-X services. The new product utilizes custom application software integrated into emerging telecom industry standard ATCA hardware platform technology to provide a highly scalable and cost efficient BSC solution.
"The increased capacity and bandwidth of Motorola's IP-BSC-DO significantly reduces the number of EV-DO base site controllers an operator needs to operate their network," said Darren McQueen, vice president, Home & Networks Mobility, Motorola. "This means they can trim both capital and operational expenses while delivering an enhanced broadband experience to their customers."
Motorola's IP-BSC-DO features excellent scalability, increased capacity, standards-based architecture and modular design. It combines EV-DO packet controller functions (PCF) with the operations and maintenance controller in a single Motorola platform for CDMA2000 EV-DO. The functions of the IP-BSC-DO include CDMA2000 EV-DO traffic and signaling control and routing between a Radio Access Network (RAN) and the Packet Data Serving Node (PDSN), authentication of users attempting to access the EV-DO system, and operator management of the IP-BSC-DO.
For more information on the IP-BSC-DO and Motorola's CDMA offerings, visit: http://www.motorola.com/
About Motorola
Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.
MOTOROLA and the stylized M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners. (C) Motorola, Inc. 2008. All rights reserved.
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Motorola
CONTACT: Media, Kathi Haas, +1-480-748-6456, kathi.haas@motorola.com, or Industry Analysts, Kathy Wiesner, +1-847-875-0166, k.wiesner@motorola.com, both of Motorola
Web site: http://www.motorola.com/
BNY Mellon Asset Servicing Launches Back-Office Service That Enables Investment Managers to Deliver Customized Communications to ClientsService Helps Managers to Build Their Brand and Benefit from Scale
PITTSBURGH, March 27 /PRNewswire-FirstCall/ -- BNY Mellon Asset Servicing, the global leader in securities servicing, has developed new outsourcing services that enable investment managers to deliver customized communications to their clients while benefiting from the lower costs that can be achieved with a large back-office specialist.
Among the information that BNY Mellon can help investment managers deliver to their clients via the Internet or through printed documents are portfolio holdings, billing, and transaction information. The investment managers can avoid expensive capital spending on technology and benefit from the savings derived from utilizing BNY Mellon's large, highly scalable back-office capabilities.
"Our new offering enables clients to protect and strengthen their branding, while avoiding expensive infrastructure investments," said Gunjan Kedia, executive vice president of BNY Mellon Asset Servicing and head of its global product group. "We are creating and delivering client materials that have a look and feel that is consistent with their overall client service and marketing strategy. Logos, fonts and other brand-critical components are accurately reflected."
Kedia added, "Our strategy is to provide the scale that we can achieve as a large back-end specialist, but in a way that allows for the investment manager to maintain a level of customization. We believe that this offering helps investment managers maintain their identities while they assign to us services not integral to their core capabilities."
BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York, Mellon Bank, N.A. and other related companies.
The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $11 trillion in outstanding debt. Additional information is available at bnymellon.com.
The Bank of New York Mellon Corporation
CONTACT: Mike Dunn of The Bank of New York Mellon Corporation, +1-212-922-7859, mike.g.dunn@bnymellon.com
Web site: http://www.bnymellon.com/
SAIC Awarded $32 M Contract by Naval Surface Warfare Center Crane DivisionCompany to Support Defense Security Systems and Antiterrorism Force Protection Initiatives
SAN DIEGO and MCLEAN, Va., March 27 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced it has been awarded a contract by Crane Division, Naval Surface Warfare Center (NSWC Crane) to provide engineering and technical services in support of physical security for Navy systems afloat and ashore. This contract has a two-year base period of performance, three one-year options and a total contract value of more than $32 million if all options are exercised. Work will be performed at NSWC Crane, Ind., and other U.S. Navy installations as required.
NSWC Crane is responsible for full life cycle support for electronic attack systems, electronic support and electronic protections systems to meet the needs of the Warfighter. Throughout the contract, SAIC will deliver engineering, technical, logistics, configuration management and other management support services. The company will also conduct scientific and engineering analysis and studies, and testing and evaluation to help maintain and enhance defense security systems and antiterrorism force protection initiatives.
"We are pleased to continue working with NSWC Crane on a wide variety of systems that help keep our Warfighters and critical infrastructure safe from harm," said Tom Baybrook, SAIC senior vice president and business unit general manager. "We have supported them for the past 19 years and we look forward to continuing this long-standing working relationship."
About SAIC
SAIC is a leading provider of scientific, engineering, systems integration and technical services and solutions to all branches of the U.S. military, agencies of the Department of Defense, the intelligence community, the U.S. Department of Homeland Security and other U.S. Government civil agencies, as well as to customers in selected commercial markets. With approximately 44,000 employees in more than 150 cities worldwide, SAIC engineers and scientists solve complex technical challenges requiring innovative solutions for customers' mission-critical functions. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008.
SAIC: FROM SCIENCE TO SOLUTIONS(R)
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward- looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2007, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
Contact: Melissa Koskovich, McLean Laura Luke, McLean
703/676-6762 703/676-6533
koskovichm@saic.com laura.luke@saic.com
SAIC
CONTACT: Melissa Koskovich, +1-703-676-6762, koskovichm@saic.com, or Laura Luke, +1-703-676-6533, laura.luke@saic.com, both of SAIC
Web site: http://www.saic.com/
ALTech Software Opens New Markets by Migrating its System i Food Industry Solution to .NET Using Monarch From ASNAMigration Opens New Markets and Sales Opportunities With .NET CustomersASNA's Monarch Enabled Migration at 25% of the Cost and in a Third of the Time
SAN ANTONIO, March 27 /PRNewswire-FirstCall/ -- ASNA, a BluePhoenix company , announced today that ALTech Software has successfully completed the migration of its Vision NPD solution from System i to .NET. Vision NPD is part of Vision for Food, the first integrated business system designed for Food Technology and Development Departments that complies with standards set by the United Nations for international food manufacturing.
Many of ALTech's target customers have little or no experience with IBM's System i and have expressed reluctance to invest in this legacy platform. ALTech used Monarch, ASNA's modernization solution, to migrate several hundred thousand lines of code in their existing System i application to create a new, Web-based solution able to access data on Microsoft's SQL Server, as well as on the System i for existing customers who wish to remain on that platform. The modernized application works seamlessly with the Vision for Food suite, a native .NET solution, and additional functionality can also be delivered using SOAP and AJAX Web services.
ASNA's modernization solution enables System i solution partners to improve their ability to drive revenue from their existing solutions with existing RPG resources. By migrating all or part of their applications and data to .NET, System i solution partners open themselves up to a new and growing .NET platform, enabling increased interoperability and functionality.
ASNA Monarch is the only solution that enables organizations to comprehensively modernize their applications. Monarch provides a rapid assessment of RPG programs, applications, and data, enabling the preparation of a project roadmap that meets the needs of the business, and then automatically executes staged extension and modernization of those important software assets from System i to Microsoft .NET and SQL Server.
"Conversion to .NET was essential for us to increase the market potential for our Vision NPD solution," said Alan Blyther, commercial director of ALTech. "By converting our legacy applications with Monarch from ASNA, we achieved the migration in a third of the time and at 25% of the cost that it would have taken us to rewrite the solution."
"It is probable that System i applications, with their existing user interface, will become increasingly obsolete," said Blyther. "They are already becoming more difficult to support and develop and fewer professionals have the requisite skills. System i users need to plan for the future, and their options are simple: migrate, rewrite, or replace. Wholesale replacement and rewriting are perceived to be higher risk, more costly and time consuming options."
About ALTech (http://www.altechsoftware.com/)
Altech Software markets Vision For Food which is an integrated suite of software applications designed by IT and food industry professionals specifically to improve development performance, quality, traceability and process control as well as food safety compliance for food manufacturing companies. Based on the Microsoft .NET framework, Vision for Food represents an innovative, international collaboration to provide long overdue assistance for the technical and development departments within food manufacturers.
Integrated modules for Total Quality Management, Food Safety, the NPD process, Product Definition & Specifications: VisionTQM, VisionNPD, VisionPDM, VisionAQL are ready to assist food companies to be quicker to market with products that are safer to make and easier to control, leading to fewer recalls. In addition VisionADC and VisionTQM-Mobile offer an opportunity to remove all paper recording from the production environment leveraging the Microsoft Windows Mobile platform.
About ASNA (http://www.asna.com/)
ASNA, a BluePhoenix company , provides comprehensive solutions for modernizing System i applications to RPG on the Microsoft .NET platform. Using a staged approach, ASNA enables companies to integrate and extend their solutions to .NET, the Web and beyond, while preserving investments in IT and human resources. ASNA solutions are distributed worldwide, and used by more than 1 million end users.
ASNA is a Microsoft Gold Certified Partner, Microsoft Visual Studio Industry Partner, IBM Tools Network Partner, and an Advanced Tier Member of IBM's PartnerWorld for Developers. ASNA is also a founding member of MAP (Midrange Alliance Program) and an exclusive Delivery Partner for the Microsoft NXT program for ISVs.
About BluePhoenix Solutions (http://www.bphx.com/)
BluePhoenix Solutions is a leading provider of value-driven modernization solutions for legacy information systems. BluePhoenix offerings include a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, rehosting, and renewal. Leveraging over 20 years of best-practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped, or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime.
SAFE HARBOR: Certain statements contained in this release may be deemed forward-looking statements, with respect to plans, projections, or future performance of the Company, the occurrence of which involves certain risks and uncertainties that could cause actual plans to differ materially from these statements. These risks and uncertainties include but are not limited to: market demand for the Company's tools, successful implementation of the Company's tools, competitive factors, the ability to manage the Company's growth, the ability to recruit and retrain additional software personnel, and the ability to develop new business lines. This press release is also available at http://www.bphx.com/. All names and trademarks are their owners' property.
Company Contact
Colleen Pence
BluePhoenix Solutions
+1-210-408-0212, ext. 600
cpence@bphx.com
Investor Contact
Peter Seltzberg
Hayden Communications
+1-(646)-415-8972
peter@haydenir.com
Financial Media Contact
Jeffrey Stanlis
Hayden Communications
+1-(602)-476-1821
jeff@haydenir.com
BluePhoenix Solutions Ltd
CONTACT: Colleen Pence of BluePhoenix Solutions, +1-210-408-0212, ext. 600, or cpence@bphx.com; or Investors, Peter Seltzberg, +1-646-415-8972, or peter@haydenir.com, or Media, Jeffrey Stanlis, +1-602-476-1821, or jeff@haydenir.com, both of Hayden Communications, for BluePhoenix Solutions Ltd.
Web site: http://www.bphx.com/ http://www.asna.com/ http://www.altechsoftware.com/
Alliance Data Signs Long-Term Agreement With Leading Specialty RetailerAlliance Data to Provide Private Label Credit Card Services for Hot Topic's Retailer Brand Torrid; Services to Enhance Existing Customer Loyalty Program
DALLAS, March 27 /PRNewswire-FirstCall/ -- Alliance Data Systems Corporation , a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced it has signed a long-term agreement with leading specialty retailer Hot Topic, Inc. to provide private label credit card services for its Torrid branded stores. Headquartered in City of Industry, Calif., Hot Topic is a specialty retailer of young men and women's apparel, accessories, music and gifts with 690 stores throughout the U.S. and Puerto Rico, and with fiscal 2007 net sales of $728 million. Torrid is Hot Topic's newest multi-channel retail brand launched in 2001 providing plus-size, fashion-forward apparel and accessories for women through more than 150 stores nationwide and its website http://www.torrid.com/.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO )
Under terms of the agreement, Alliance Data will provide private label credit card services including account acquisition and activation; receivables funding; card authorization; private label credit card issuance; statement generation; remittance processing; customer service functions; and marketing services for Torrid.
Alliance Data's private label credit card program will also complement and enhance Torrid's existing divastyle(R) customer rewards program. More than 1 million Torrid customers are currently enrolled in divastyle, which rewards customers for purchases by offering discounts, invitations to exclusive in- store shopping events, and communications regarding fashion trends and new styles. Divastyle customers that sign up for a Torrid private label credit card will receive additional program benefits for purchases made on the private label credit card.
"We are committed to offering trend-focused fashion apparel and accessories that appeal to fashion-savvy customers, and Alliance Data's integrated credit and marketing solution will allow us to further reinforce that brand promise and help us grow our business," said Chris Daniel, president of Torrid. "Alliance Data brings to bear extensive retail industry experience and a turnkey private label credit card solution that will serve as an effective marketing tool that also nicely augments our current divastyle loyalty program. We look forward to working with Alliance Data to support our ongoing sales and growth goals."
"Torrid is a great example of a specialty retailer that has built a distinctive brand and a loyal customer following, said Ivan Szeftel, president, Alliance Data's Retail Services. "We are excited to partner with Torrid to build upon their divastyle program and create and deliver even more value to their customers. Our partnership mission is to increase Torrid's retail sales; we'll leverage our unique consumer insights, proprietary marketing approach, and branded customer care to accomplish this goal."
About Hot Topic, Inc.
Hot Topic, Inc. is a national mall-based specialty retailer. Hot Topic offers apparel, accessories, music and gifts to young men and women principally between the ages of 12 and 22. Torrid, the company's second concept, provides plus-size fashion-forward apparel and accessories that target young women principally between the ages of 15 and 29. As of February 2, 2008 the company operated 690 Hot Topic stores in all 50 states and Puerto Rico, 151 Torrid stores, and Internet stores http://www.hottopic.com/ and http://www.torrid.com/.
About Alliance Data
Alliance Data is a leading provider of marketing, loyalty and transaction services, managing over 120 million consumer relationships for some of North America's most recognizable companies. Using transaction-rich data, Alliance Data creates and manages customized solutions that change consumer behavior and that enable its clients to create and enhance customer loyalty to build stronger, mutually beneficial relationships with their customers. Headquartered in Dallas, Alliance Data employs over 9,000 associates at more than 60 locations worldwide. Alliance Data's brands include AIR MILES(R), North America's premier coalition loyalty program, and Epsilon(R), a leading provider of multi-channel, data-driven technologies and marketing services. For more information about the Company, visit its website, http://www.alliancedata.com/.
Alliance Data's Safe Harbor Statement/Forward Looking Statements
This release may contain 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. Such statements may use words such as "anticipate," "believe," "estimate," "expect," "intend," "predict," "project" and similar expressions as they relate to us or our management. When we make forward-looking statements, we are basing them on our management's beliefs and assumptions, using information currently available to us. Although we believe that the expectations reflected in the forward-looking statements are reasonable, these forward-looking statements are subject to risks, uncertainties and assumptions, including those discussed in our filings with the Securities and Exchange Commission.
If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we projected. Any forward-looking statements contained in this presentation reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. These risks, uncertainties and assumptions include those made with respect to and any developments related to the proposed merger with an affiliate of The Blackstone Group, including the risk that conditions to closing, including the condition relating to regulatory approvals, may not be satisfied and that the proposed merger may not be consummated, as well as risks and uncertainties arising from actions that the respective parties to the merger agreement may take in connection therewith. The Company cannot provide any assurance that the conditions to closing the transaction will be satisfied or that the proposed merger will be completed. We have no intention, and disclaim any obligation, to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this presentation regarding Alliance Data Systems Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the company's Annual Report on Form 10-K for the most recently ended fiscal year. Risk factors may be updated in Item 1A in each of the Company's Quarterly Reports on Form 10-Q for each quarterly period subsequent to the Company's most recent Form 10-K.
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Alliance Data Systems Corporation
CONTACT: Investors, Julie Prozeller of Financial Dynamics for Alliance Data, +1-212-850-5721, alliancedata@fd.com; or Media, Shelley Whiddon of Alliance Data, +1-972-348-4310, Shelley.whiddon@alliancedata.com; or Gantry Jackson of Hot Topic-Torrid, +1-626-839-4681
Web site: http://www.alliancedata.com/ http://www.hottopic.com/ http://www.torrid.com/
China Medicine Announces Record Fourth Quarter and Fiscal Year 2007 Results
-- FY 07 revenues grow 75% to $42.1 million
-- FY 07 earnings up 43% to $6.9 million or 50 cents per diluted share
GUANGZHOU, China, March 27 /Xinhua-PRNewswire/ -- China Medicine Corporation (BULLETIN BOARD: CHME) ("China Medicine" or "the Company"), a leading distributor and developer of prescription and over the counter pharmaceuticals, traditional Chinese medicines (TCM), nutritional and dietary- supplements, medical devices, and medical formulations in the PRC, today reported record financial results for the fourth quarter and fiscal year ended December 31, 2007.
Fourth Quarter 2007 Highlights
-- Revenues increased 89% from Q4 of 2006, to $16.2 million
-- Gross profit increased 30% from Q4 of 2006, to $4.5 million
-- Operating income increased 15% from Q4 of 2006, to $3.4 million
-- Net Income increased 15% from Q4 of 2006, to $2.8 million
Full Year 2007 Highlights
-- Total revenues increased 75% to $42.1 million
-- Gross profit increased 38% to $12.4 million
-- Operating income increased 36% to $8.4 million
-- Net income increased 43% to $6.9 million, or $0.50 per diluted share
-- Obtained regional distribution rights to 774 new products in
Guangdong Province
-- Received RMB 800,000 in grants for aflatoxin detoxifizyme ("ADTZ")
project from Education Department of Guangdong Province
"This was a very successful year for China Medicine, both in terms of financial performance and the execution of our business strategy. Our very strong revenue growth was driven by an expanded number of pharmaceutical products provided by our suppliers, as well as increased sales of our self- developed medical formulations and other intellectual property relating to pharmaceutical product development," said Mr. Senshan Yang, China Medicine's Chairman and CEO.
"In 2007, we expanded our distribution network to cover both municipal and rural areas of Guangdong Province in China, to support the Chinese government's recent policy to promote healthcare coverage among the rural and low-income population. In the short term, our expansion to cover these new markets resulted in a reduction in our gross margins as we increased sales of lower-cost over-the-counter pharmaceutical and TCM products. However, as spending on rural healthcare continues to increase, we believe that the rural markets have tremendous potential as increasing funding and an aging population drive demand for more advanced pharmaceutical products."
Fourth Quarter 2007 Results
China Medicine's total revenues in the fourth quarter were $16.2 million, an increase of 89% over the fourth quarter of 2006. This was attributed to a 112% increase in product sales, primarily driven by the increase in over-the- counter product sales made through the company's newly expanded distribution network to municipal and rural areas of Guangdong Province. Product sales totaled $14.7 million and accounted for 91% of total net revenues. Sales of prescription products accounted for 59%, and over-the-counter medicines accounted for 31%, of total revenues during the quarter. Medical formula sales accounted for the remaining 9% of total revenues, totaling $1.5 million, down 10% from the same quarter of 2006. This decline was due to stricter regulation by the State Food and Drug Administration, which must approve every transfer of ownership of a medical formula in China, and which recently increased the complexity of its approval process.
Gross profit in the fourth quarter of 2007 was $4.5 million, an increase of 30% over the fourth quarter of 2006. Gross margin was 28% of total revenues, down from 40% of total revenues in the fourth quarter of 2006. The decline in gross margin was due to higher sales of over-the-counter products, which have lower profit margins than prescription products, and the costs of expansion of the Company's distribution network to rural areas of China in 2007.
Operating expenses in the fourth quarter of 2007 were $1.1 million, up 120% from $0.5 million in the fourth quarter of 2006. This increase was due to higher selling, general and administrative expenses caused by increased public company expenses, higher salaries and employee sales bonuses, as well as the amortization of non-cash expenses from incentive options, increased advertising, trade-show and marketing expenses, and the costs of setting up a distribution network to cover the rural areas of Guangdong Province. The Company does not expect significant increases in selling, general and administrative expenses over the next several quarters.
Operating expenses represented 7% of total revenues in the fourth quarter of 2007, up from 6% in the fourth quarter of 2006.
The Company recorded $214,541 in research and development expenses in the fourth quarter of 2007, compared to $23,378 in the fourth quarter of 2006. The significant increase was primarily due to the pre-clinical study of Yutian Capsule, a traditional Chinese medicine designed for use in the treatment of lung cancer.
Operating income was $3.4 million in the fourth quarter of 2007, up 15% from $2.9 million in fourth quarter of 2006. Operating margin was 21%, as compared to 34% a year ago.
Net income for the fourth quarter of 2007 was $2.8 million, or $0.17 per diluted share, compared to $2.4 million, or $0.31 per diluted share in the fourth quarter of 2006. Earnings per share reflect an additional 8.2 million diluted weighted average shares, primarily due to the exercise of warrants and options in 2007, which generated $7.8 million in gross proceeds to the Company.
Full Year 2007 Results
For the full year 2007, total revenues were $42.1 million, up 75% from $24.0 million in 2006. Approximately 93% of revenue came from product sales and 7% came from medical formula sales. Gross profit for the full year 2007 was $12.4 million, an increase of 38% from $9.0 million in 2006. Gross profit margin was 29% in 2007, a decrease from 37% in 2006. Operating income was $8.4 million, up 36% from $6.2 million in 2006. Operating margin was 20%, as compared to 26% in 2006. Net income for 2007 was $6.9 million or $0.50 per diluted share, compared to $4.8 million or $0.63 per diluted share in 2006. Earnings per share reflect an additional 6.0 million diluted weighted average shares, primarily due to the exercise of warrants and options in 2007.
Financial Condition
As of December 31, 2007, China Medicine had $5.8 million in cash and cash equivalents, and approximately $28.5 million in working capital, an increase of 140% from $11.9 million in 2006. For the year ended December 31, 2007, China Medicine used $2.3 million in cash from operations, due to the increase of advances to suppliers and inventories required to support higher sales. China Medicine also received $7.8 million in proceeds from the exercise of warrants and options. Stockholders' equity as of December 31, 2007 was $30.8 million, an increase of 132% over the $13.3 million recorded as of December 31, 2006.
2008 Outlook
"During 2008 we expect to see continued solid growth in sales, along with improving margins as we leverage our expanded distribution footprint, expand sales of higher margin exclusive products, and see a growing contribution from sales of our proprietary medical formulations," said Mr. Yang. "We are very encouraged by the contribution of our R&D partnerships to building a strong new product pipeline, and expect to report significant clinical milestones over the course of 2008. We are also focused on moving our novel ADTZ product into commercialization this year, and expect to obtain our production permit for the treatment of animal feed and begin trial sales in 2008. If we are successful, this would set us up to begin recognizing meaningful revenues from ADTZ in 2009 and could be an important driver for the Company's future growth. Finally, China Medicine continues to evaluate opportunities to acquire a pharmaceutical manufacturing facility to strengthen our competitive position and achieve vertical integration for our proprietary products, while enhancing our overall profitability," concluded Mr. Yang.
Based on China Medicine's expectations of continued strong demand in the pharmaceutical market, the company expects to achieve revenue growth in the range of approximately 25-35%, gross margins in the range of 30-35%, and approximately 20-22% growth in net income for the full year of 2008.
Conference Call
China Medicine will hold its fourth quarter conference call for all interested persons at 9:00 a.m. Eastern Time on March 27, 2008 to discuss its results. To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 888- 419-5570. International callers should dial 617-896-9871. When prompted by the operator, mention conference passcode 25022850. If you are unable to participate in the call at its scheduled time, a replay will be available for seven days starting on Thursday, March 27 at 11:00 a.m. Eastern Time. To access the replay, dial 888-286-8010 (international callers dial 617-801-6888), and enter the passcode 92139283.
About China Medicine Corporation
China Medicine Corporation is a leading pharmaceutical company which discovers and develops medical formulations and distributes over 2,200 pharmaceutical products in China including prescription and over the counter ("OTC") drugs, traditional Chinese medicine products, herbs and dietary- supplements. The Company distributes the products to wholesale distributors in 28 provinces, more than 300 hospitals, 500 medicine companies, and 1,788 drug stores throughout China. The Company actively develops a number of proprietary products for many uses including oncology, high blood pressure and the removal of toxins from food and animal feeds. For more information visit the Company's website at http://www.chinamedicinecorp.com/ .
Cautionary Statement
This press release contains forward-looking statements concerning the Company's business and products. The Company's actual results may differ materially depending on a number of risk factors including, but not limited to, the following: general economic and business conditions, obtaining regulatory approval for new products, the expected contribution of higher margin products, government support for rural health care, competition from existing and new competitors, changes in technology, and various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks factors detailed in the Company's reports filed with the Securities and Exchange Commission. China Medicine Corporation undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.
- FINANCIAL TABLES FOLLOW -
CHINA MEDICINE CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME
FOR THE YEARS ENDED DECEMBER 31, 2007 AND 2006
Three months ended Twelve Months ended
December 31, December 31,
2007 2006 2007 2006
REVENUES
Product sales 14,694,861 6,916,225 39,247,130 20,772,783
Medical formula sales 1,464,625 1,630,031 2,858,257 3,219,167
Total revenues 16,159,486 8,546,256 42,105,387 23,991,950
COST OF GOOD SOLD 11,678,186 5,106,769 29,708,088 15,017,100
GROSS PROFIT 4,481,300 3,439,487 12,397,299 8,974,850
OPERATING EXPENSES
Research and development 214,541 23,378 651,990 294,080
Selling, general and
administrative 895,619 481,094 3,343,058 1,565,288
Reverse acquisition -- 931,270
Total operating
expenses 1,110,160 504,472 3,995,048 2,790,638
INCOME FROM OPERATIONS 3,371,140 2,935,015 8,402,251 6,184,212
OTHER INCOME (EXPENSE), NET 11,819 (56,189) 15,423 (199,945)
INCOME BEFORE INCOME TAXES 3,382,959 2,878,827 8,417,674 5,984,267
AND MINORITY INTEREST
PROVISION FOR INCOME TAXES 630,371 499,857 1,649,114 1,229,688
INCOME BEFORE MINORITY
INTEREST 2,752,588 2,378,970 6,768,560 4,754,579
MINORITY INTEREST 26,012 33,295 94,658 33,295
NET INCOME 2,778,600 2,412,265 6,863,218 4,787,874
OTHER COMPREHENSIVE INCOME
Foreign currency
translation adjustment 721,233 200,151 1,621,672 399,991
COMPREHENSIVE INCOME 3,499,833 2,612,416 8,484,890 5,187,865
Earning per share - basic $ 0.19 $ 0.32 $ 0.56 $ 0.65
Earning per share - diluted $ 0.17 $ 0.31 $ 0.50 $ 0.63
Weighted average number of
shares outstanding - basic 14,688,310 7,635,111 12,346,208 7,352,082
Weighted average number of
shares outstanding -
diluted 15,890,110 7,788,000 13,658,007 7,653,584
CHINA MEDICINE CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
AS OF DECEMBER 31, 2007 AND 2006
A S S E T S
2007 2006
CURRENT ASSETS
Cash $5,767,774 $371,480
Accounts receivable, trade, net of
allowance for doubtful accounts
of $55,640 and $34,021 as of
December 31, 2007 and
December 31, 2006, respectively 13,626,347 7,034,911
Inventories 3,948,460 1,900,467
Advances to suppliers 5,983,277 3,126,100
Other current assets 81,221 42,136
Total current assets 29,407,079 12,475,094
EQUIPMENT, net 1,388,919 1,215,311
OTHER ASSETS
Deferred expenses 678,237 951,312
Intangible assets, net 1,166,003 128,882
Total other assets 1,844,240 1,080,194
Total assets $32,640,238 $14,770,599
L I A B I L I T I E S A N D S H A R E H O L D E R S' E Q U I T Y
CURRENT LIABILITIES
Accounts payable, trade $76,907 $188,877
Other payables - related parties -- 30,000
Other payables and accrued
liabilities 70,343 23,265
Customer deposits 203,281 17,980
Taxes payable 468,184 295,902
Liquidated damages payable 44,003 44,003
Total liabilities 862,718 600,027
MINORITY INTEREST 893,337 908,480
SHAREHOLDERS' EQUITY
Preferred stock, $0.0001 par value;
10,000,000 shares authorized,
111,649 and 2,340,000 shares
issued and outstanding
at December 31, 2007 and 2006,
respectively 11 234
Common stock, $0.0001 par value;
100,000,000 shares authorized,
14,821,641 and 8,160,000 shares
issued and outstanding
at December 31, 2007 and 2006,
respectively 1,482 816
Paid-in capital 12,560,078 4,396,971
Contribution receivable -- (961,500)
Statutory reserves 2,191,230 1,345,206
Retained earnings 14,008,587 7,979,242
Accumulated other comprehensive
income 2,122,795 501,123
Total shareholders' equity 30,884,183 13,262,092
Total liabilities and
shareholders' equity $32,640,238 $14,770,599
CHINA MEDICINE CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2007 AND 2006
2007 2006
CASH FLOWS FROM OPERATING
ACTIVITIES:
Net income $6,875,369 $4,787,874
Adjustments to reconcile net income
to cash
used in operating activities:
Minority interest (94,658) (33,295)
Depreciation and amortization 303,957 162,051
Bad debt expenses 18,495 --
Loss on sale of assets -- 15,732
Stock issued for services 179,400 607,500
Amortization of stock option
compensation 154,470 86,521
Amortization of deferred expenses 325,687 --
Loss from investment -- 110,982
Change in operating assets and
liabilities
Accounts receivable, trade (5,879,829) (4,514,763)
Inventories (1,840,170) (498,624)
Advances to suppliers (2,535,589) (2,933,832)
Other current assets (34,728) (129,096)
Accounts payable, trade (120,129) 17,275
Other payables - related parties (30,000) 30,000
Other payables and accrued
liabilities 45,119 (73,246)
Customer deposits 176,763 (19,140)
Taxes payable 145,730 121,850
Liquidated damages payable -- 44,003
Net cash used in operating
activities (2,310,113) (2,218,208)
CASH FLOWS FROM INVESTING
ACTIVITIES:
Purchase of equipment (389,588) (825,787)
Purchase of intangible asset -- (703)
Net cash used in investing
activities (389,588) (826,490)
CASH FLOWS FROM FINANCING
ACTIVITIES:
Payments on short-term loans -- (94,094)
Proceeds from issuance of preferred
stock -- 3,783,000
Payments for reverse acquisition -- (32,398)
Proceeds from exercise of warrants
and options 7,829,681 --
Cash paid on shares redeemed -- (167,602)
Net cash provided by financing
activities 7,829,681 3,488,906
EFFECT OF EXCHANGE RATE ON CASH 266,313 (164,692)
INCREASE IN CASH 5,396,293 279,516
CASH, beginning of year 371,480 91,964
CASH, end of year $5,767,773 $371,480
For more information, please contact:
Company Contact:
Ms. Huizhen Yu
Chief Financial Officer
China Medicine Corp
Tel: +86-20-8739-1718
Email: konzern08@163.com
Investor Relations Contact:
Mr. Crocker Coulson
President
CCG Elite Investor Relations
Tel: +1-646-213-1915 (NY Office)
Email: crocker.coulson@ccgir.com
China Medicine Corporation
CONTACT: Company Contact: Ms. Huizhen Yu, Chief Financial Officer Of China Medicine Corp, +86-20-8739-1718, or konzern08@163.com; Or Investor Relations Contact: Mr. Crocker Coulson, President of CCG Elite Investor Relations, +1-646-213-1915 (NY Office), or crocker.coulson@ccgir.com
International Game Technology Invites You To Join Its Second Quarter Fiscal Year 2008 Conference Call
RENO, Nev., March 27 /PRNewswire-FirstCall/ -- International Game Technology will host a conference call regarding its Second Quarter Fiscal Year 2008 earnings release on Thursday, April 17, 2008 at 6:00 a.m. (Pacific Time). The access numbers are as follows:
Domestic callers dial 888-455-9641, passcode IGT
International callers dial 517-308-9004, passcode IGT
The conference call will also be broadcast live over the Internet. A link to the webcast is available at our website http://www.igt.com/InvestorRelations. If you are unable to participate during the live webcast, the call will be archived until Friday, April 25, 2008 at http://www.igt.com/InvestorRelations.
Interested parties not having access to the Internet may listen to a taped replay of the entire conference call commencing at approximately 8:00 a.m. (Pacific Time) on Thursday, April 17, 2008. This replay will run through Friday, April 25, 2008. The access numbers are as follows:
Domestic callers dial 866-396-4180
International callers dial 203-369-0506
International Game Technology (http://www.igt.com/) is a global company specializing in the design, development, manufacturing, distribution and sales of computerized gaming machines and systems products.
International Game Technology
CONTACT: Patrick Cavanaugh, Vice President, Corporate Finance and Investor Relations, +1-866-296-4232
Web site: http://www.igt.com/
Dycom Industries, Inc. Names H. Andrew DeFerrari as New Chief Financial Officer
PALM BEACH GARDENS, Fla., March 27 /PRNewswire-FirstCall/ -- Dycom Industries, Inc. announced today that H. Andrew DeFerrari will become Chief Financial Officer of the Company effective April 4, 2008. Mr. DeFerrari will replace Richard L. Dunn who is leaving the Company to pursue other interests. Mr. Dunn will continue to provide service to the Company on a consulting basis. Mr. DeFerrari, 39, has been Vice President and Chief Accounting Officer of the Company since November 2005 and was the Company's Controller from July 2004 through November 2005. Prior to joining Dycom, Mr. DeFerrari was a senior audit manager with Ernst & Young LLP from May 2002 through July 2004.
"Since joining us in 2000, Dick has contributed to the development of the Company in many ways and was instrumental in strengthening our financial organization. We extend our gratitude to Dick for his service to the Company and wish him all the best in his future endeavors," said Steven Nielsen, Company Chairman and Chief Executive Officer.
Dycom is a leading provider of specialty contracting services throughout the United States. These services include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities including telecommunications providers, and other construction and maintenance services to electric utilities and others.
Dycom Industries, Inc.
CONTACT: Steven E. Nielsen, President and CEO of Dycom Industries, Inc., +1-561-627-7171
Web site: http://www.dycomind.com/
Numerex Aligns Brand with Dynamic Machine-to-Machine (M2M) Industry Environment- Introduces Machines Trust Us Marketing Campaign to Drive Leadership Momentum -
ATLANTA, March 27 /PRNewswire-FirstCall/ -- Numerex Corp. , the leading provider of full-service, highly secure Machine-to-Machine (M2M) network services and solutions, formally unveiled today a new brand identity that reflects Numerex's growing capabilities and depth in the M2M market.
The cornerstone of the new brand identity is the Company's expertise and record of success in the M2M market; it supports the new tagline: "Experience.Excellence."
Numerex's coordinating marketing campaign, Machines Trust Us(TM), underscores the confidence that machines -- and their owners -- have in Numerex and its highly secure networks. As the only North American M2M company to earn ISO 27001:2005 certification, Numerex ensures the highest levels of data confidentiality, integrity and availability.
The rebranding initiative also introduces the concept of All-Terrain M2M(TM) to highlight the breadth of Numerex's network offerings that include GSM, CDMA, and Satellite connectivity. The recent acquisition of Orbit One's satellite network services positions Numerex as the best choice for a wide range of coverage options.
"The Numerex brand is all about our experience and our commitment to providing excellence. It is rooted in our core values, i.e., what we all strive for at Numerex. Our purpose is to shape the company for a successful future," said Stratton Nicolaides, Numerex CEO. "One of our key tenets holds that "machines trust us" to securely deliver hundreds of millions of data messages every year. These brand changes will better highlight the benefits we offer to our customers and strengthen our overall position in the M2M market."
At the same time, Numerex has streamlined its organization to efficiently combine the multitude of options available through the company into: Numerex Networx, Techworx, and Flexworx.
The Numerex brand includes an updated logo, a new web site (http://www.numerex.com/ ) and marketing message, which will be fully unveiled at the Cellular Telecommunications Industry Association (CTIA) Wireless 2008 show on April 1st in Las Vegas.
About Numerex
Numerex Corp. offers the broadest choice of secure machine-to-machine (M2M) network services and solutions. Numerex delivers a depth of expertise and excellence through its M2M service platforms -- Networx, Techworx, and Flexworx -- that leading companies choose to power their M2M solutions. Numerex is the first M2M Company in North America to carry ISO 27001 certification -- ISO's highest information security benchmark that ensures data confidentially, integrity and availability. The Company offers its M2M products and services through a variety of brands including Uplink and Orbit One. Numerex is headquartered in Atlanta, Georgia. For additional information, visit http://www.numerex.com/
"Statements contained in this press release concerning Numerex that are not historical fact are 'forward-looking' statements and involve important risks and uncertainties. Such risks and uncertainties, which are detailed in Numerex's filings with the Securities and Exchange Commission, could cause Numerex's results to differ materially from current expectations as expressed in this press release."
Contact:
Alan Catherall
770 485-2527
Numerex Corp.
CONTACT: Alan Catherall, +1-770-485-2527, for Numerex Corp.
Web site: http://www.numerex.com/
Verizon Business Offers New Option for Outsourcing Network ServicesJuniper Networks J-Series Routers Bring Enterprises High Level of Carrier- Class Reliability, Performance
BASKING RIDGE, N.J., March 27 /PRNewswire/ -- Large-business and government customers with remote locations or smaller networks now have a robust new managed services option.
With the immediate availability of the Juniper Networks J-series services routers, Verizon Business becomes the first U.S.-based service provider to deliver a managed service offering to enterprise customers for this class of routers.
By offering management of the Juniper Networks J-series services routers, Verizon Business is helping enterprise customers take full advantage of the Juniper platform by reducing the day-to-day management burden so that the customer's technical staff can focus on critical business initiatives.
The Juniper Networks platform provides the foundation for real-time delivery of critical networking applications and is particularly well-suited to extended enterprises - dispersed organizations with branch and regional offices requiring secure and direct connections with suppliers, partners and customers.
"Every customer has specific networking requirements, especially when it comes to connecting their extended network to corporate resources," said Nancy Gofus, senior vice president and chief marketing officer, Verizon Business. "Adding the Juniper Networks J-series services routers to our broad suite of managed options underscores our commitment to delivering choice and flexibility to large-business and government customers."
Verizon Business plans to subsequently build on today's announcement by offering a powerful branch office services delivery platform based on the Juniper Networks J-series services routers and that integrates managed routing, security and other services, including Internet protocol (IP) telephony.
High Performance Name of the Game for Network Management
The Juniper Networks J-series services routers join Verizon Business' already extensive managed services portfolio, end-to-end network management resources and advanced monitoring systems. Leveraging Juniper Networks' modular JUNOS(TM) software, which provides a single-source operating system, the J-series services routers deliver advanced features and services, consistent implementation, and universal configuration and management tools.
The managed Juniper Networks J-series services routers offer predictable high performance and flexibility, providing enterprises fast and secure delivery of business-critical applications across corporate networks, while helping ensure that information-technology initiatives deliver cost-effective and measurable business value.
The new managed service offering is available immediately to U.S.-based medium- and large-sized business and government customers. It has been certified with a variety of Verizon Business networking services, including company's flagship Private IP, a multi-protocol labeling, system-based virtual private network service, as well as the company's private line and frame relay services.
Verizon Business offers three levels of service to support customers deploying the managed Juniper Networks J-series services router. The company's multi-tiered approach to network management enables it to help enterprises reduce the complexity associated with an IP environment. Verizon Business' IMPACT management platform supports its industry-leading service level commitments and enables the company to offer customer with the fully managed service option an actual time-to-repair commitment as low as 3.5 hours in the U.S.; the majority of Verizon Business' competitors still offer a mean time-to-repair commitment.
Today, Verizon Business manages 260,000-plus devices on more than 4,200 customer networks in 142 countries and territories, overseeing non-Verizon connections from more than 60 network providers around the world. Verizon Business' industry-leading service-level commitments and award-winning IMPACT management platform underscore its legacy of service and innovation. Verizon Business also offers a suite of professional network and security services to help customers successfully deploy and manage their IP networks. These services range from network assessment and design consulting to project management and capacity planning.
Note: Juniper Networks and the Juniper Networks logo are registered trademarks of Juniper Networks, Inc. in the United States and other countries. JUNOS is a trademark of Juniper Networks, Inc.
About Verizon Business
Verizon Business, a unit of Verizon Communications , is a leading provider of advanced communications and information technology (IT) solutions to large-business and government customers worldwide. Combining unsurpassed global network reach with advanced communications, security and professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit http://www.verizonbusiness.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 Business
CONTACT: Kevin W. Irland, +1-703-886-1117, kevin.w.irland@verizon.com
Web site: http://www.verizon.com/ http://www.verizonbusiness.com/
Company News On-Call: http://www.prnewswire.com/comp/618232.html
BIO-key(R) to Sponsor and Exhibit at AABB Spring ConferenceUnveiling a Secure, Convenient Solution to Identify Blood Bank Donors
WALL, N.J., March 27 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (BULLETIN BOARD: BKYI) , a leader in finger-based biometric identification and wireless public safety, is a proud sponsor at the spring 2008 AABB Conference being held in Orlando, Florida. The AABB, an international association formerly known as the American Association of Blood Banks, has members in 80 countries. In the US alone, there are more than 175 million people eligible to donate blood. Nearly 2,000 institutions -- including community and hospital blood banks, hospital transfusion services and laboratories -- and about 8,000 individuals are members of the AABB. The conference will be held on Friday, March 28 and Saturday, March 29 at the Buena Vista Palace Hotel & Spa in Orlando, Florida.
Last month, BIO-key announced that the Indiana Blood Center is implementing BIO-key's fingerprint identification technology to positively identify their donors at check-in without the need to present other forms of identity. At the conference, BIO-key will be demonstrating their biometric identification solution which can be implemented into any new or existing application to conveniently and positively establish a person's identity.
"This solution not only streamlines the donor check-in process, but also protects donor privacy and significantly improves the blood inventory integrity. Organizations now have a secure, convenient and cost effective alternative to the more costly, error prone and time consuming traditional methods of establishing a donor's identity," commented Mike DePasquale, CEO of BIO-key International. "BIO-key's superior flexibility and accuracy provides organizations with a real competitive advantage that is a win-win for both the donor and the staff responsible for deploying and supporting the donor check-in process."
About BIO-key
BIO-key International, Inc., headquartered in Wall, New Jersey, develops and delivers advanced identification solutions and information services to law enforcement departments, public safety agencies, government and private sector customers. BIO-key's mobile wireless technology provides first responders with critical, reliable, real-time data and images from local, state and national databases. BIO-key's high performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise data to improve security, convenience and privacy and to reduce identity theft. Over 750 police departments in North America use BIO-key solutions, making BIO-key the leading supplier of mobile and wireless solutions for law enforcement. (http://www.bio-key.com/)
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. The words "estimate," "project," "intends," "expects," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
Company Contact: BIO-key International, Inc.
Bud Yanak
732-359-1100
BIO-key International, Inc.
CONTACT: Bud Yanak of BIO-key International, Inc., +1-732-359-1100
Web site: http://www.bio-key.com/
CSC Selected to Compete for Customer Service Task Orders Under $2.5 Billion GSA Contract
EL SEGUNDO, Calif., March 27 /PRNewswire/ -- Computer Sciences Corporation announced today that it is one of nine firms selected by the U.S. General Services Administration (GSA) to provide contact center solutions to federal government agencies. The total ceiling value of the indefinite- delivery/indefinite-quantity contract, which has a two-year base period, four two-year options and three one-year options, for all nine firms is $2.5 billion. CSC estimates the total potential value of its portion of the contract to be approximately $100 million.
Under the terms of the contract, CSC will compete for task orders to provide federal agencies with a wide range of contact center management services, including automated and manual customer support services that respond to inquiries about federal government programs, policies, information sources and agencies from the general public, Congressional offices, academia, government offices, and electronic and print media.
In addition, CSC's Center of Excellence for Contact Center Solutions will perform technical and management functions to plan, design, implement, operate and manage these services. CSC will make information and services available through various communication methods including telephone, automated and interactive voice response services, telecommunication devices for the deaf, e-mail, postal mail, facsimile, the Internet and other media as appropriate.
"We are honored to continue our work with the GSA to support the President's directive to make the federal government more citizen-centric," said James W. Sheaffer, president of CSC's North American Public Sector business unit. "CSC will help ensure that citizen inquiries are responded to accurately and efficiently in a way that is cost effective for federal agencies. This contract validates CSC's Center of Excellence as a premier provider of innovative and responsive contact center solutions to the federal sector."
This contract vehicle focuses specifically on contact center management services that allow federal agencies to quickly issue task orders without going through the standard agency procurement process.
About CSC
Computer Sciences Corporation is a leading information technology (IT) services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.
With approximately 91,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. CSC reported revenue of $16.1 billion for the 12 months ended Dec. 28, 2007. For more information, visit the company's Web site at http://www.csc.com/.
Computer Sciences Corporation
CONTACT: Michelle S. Herd, Senior Manager, Communications, North American Public Sector, +1-703-641-3235, mherd@csc.com, Mike Dickerson, Director, Media Relations, Corporate, +1-310-615-1647, mdickers@csc.com, or Bill Lackey, Director, Investor Relations, Corporate, +1-310-615-1700, blackey3@csc.com, all of Computer Sciences Corporation
Web site: http://www.csc.com/
Silicon Image Announces Webcast of Upcoming Investor Event
SUNNYVALE, Calif., March 27 /PRNewswire-FirstCall/ -- Silicon Image, Inc. , a leader in semiconductors for the secure storage, distribution and presentation of high-definition content, today announced that it will be webcasting its investor presentation at the 9th Annual B. Riley Las Vegas Investor Conference on April 2, 2008 at 2:00 p.m. Pacific Time. The webcast will be accessible on the financial events page of the investor relations website at http://ir.siliconimage.com/events.cfm. An archive of the webcast will be available within two hours of the event.
About Silicon Image, Inc.
Silicon Image, Inc. is a global leader in driving the architecture and semiconductor implementation for the secure storage, distribution and presentation of high-definition content in the consumer electronics, personal computing, and mobile device markets. With a rich history of technology innovation that includes creating industry standards such as SATA, DVI and HDMI, Silicon Image partners with the world's leading entertainment creators and electronics manufacturers to deliver digital HD content to consumers anytime, anywhere, on any device. Silicon Image is also a leading provider of semiconductor intellectual property solutions for high-definition multimedia and data storage applications. Additionally, Simplay Labs, LLC, a wholly-owned subsidiary of Silicon Image, offers robust testing tools, technologies, support services, consulting and product certification to electronics manufacturers to maximize performance, interoperability and ensure the highest-quality HD experience to consumers. With engineering, sales and customer support facilities located throughout North America, Asia and Europe, Silicon Image is globally headquartered in Sunnyvale, California. For more information, please visit http://www.siliconimage.com/.
NOTE: Silicon Image and Simplay HD are trademarks, registered trademarks or service marks of Silicon Image, Inc. in the United States and other countries. HDMI(TM) and High-Definition Multimedia Interface are trademarks or registered trademarks of HDMI Licensing, LLC in the United States and other countries, and are used under license from HDMI Licensing, LLC. All other trademarks and registered trademarks are the property of their respective owners.
Silicon Image, Inc.
CONTACT: Media, Kasey Holman, Media Relations, +1-408-616-4192, Kasey.Holman@SiliconImage.com, or Investors, David H. Allen, Investor Relations, +1-408-616-4003, David.Allen@SiliconImage.com, both of Silicon Image, Inc.
Web site: http://www.siliconimage.com/ http://ir.siliconimage.com/events.cfm
Featured Stocks on Today's Edition of WallSt.net's 3-Minute Press Show: PXC, NHYF, SDVI
NEW YORK, March 27 /PRNewswire/ -- WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino.
Shows air Monday through Friday on: http://www.wallst.net/wallst_tv/3_minute_press_show/index_wallst.php.
WallSt.net's 3-Minute Press Show features in-depth interviews with public company executives on their company and most recent press releases. The show is designed to provide viewers with insight into a company's most recent press release, and its impact on the company's growth.
The following executives were interviewed on today's show:
* Robin Dow, Chief Executive Officer of Patrician Diamonds, Inc.
(TSX.V: PXC; http://www.patriciandiamonds.com/)
* Sam Dewar, Chief Executive Officer of Natural Harmony Foods, Inc.
(Pink Sheets: NHYF; http://www.naturalharmonyfoods.com/)
* Ken Hurley, Chief Executive Officer of Signature Devices, Inc.
(Pink Sheets: SDVI; http://www.signaturedevices.com/)
About WallStreet Direct, Inc.
WallStreet Direct, Inc. a wholly-owned subsidiary of Financial Media Group, Inc., owns and operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/) an online hub for business podcasts from well-known business news personalities and publishers. We have received four hundred ninety five dollars from Patrician Diamonds, Inc. for the dissemination of this press release. We have received four hundred ninety five dollars from Natural Harmony Foods, Inc. for the dissemination of this press release. We have received six hundred forty thousand restricted shares of SDVI from Signature Devices, Inc. for media and advertising services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.
Patrician Diamonds, Inc.
Patrician Diamonds, Inc., a development stage company, engages in the identification, acquisition, evaluation, and exploration of mineral properties, primarily diamond, in Canada. The company holds interest in approximately 18,000 acres in the Dismal Lake project located in Dismal Lake, Nunavut; an option agreement to purchase a 100% interest in eight claims in the Blackwater Lake property located in the Northwest Territories; Baffin Island project in Borden Peninsula; Dismal Lake project, Nunavut; and Sahtu project in the Sahtu region of the Northwest Territories. The company was incorporated in 1994 and is headquartered in Orleans, Canada.
About Natural Harmony Foods, Inc.
Natural Harmony Foods, Inc. is an innovative food company dedicated to producing healthy, flavorful, convenient foods that fit the lifestyles of individuals looking to make better, health conscious diet choices without sacrificing taste. For more information about Natural Harmony Foods, SoLean(R) products, and helpful Internet links, please visit http://www.naturalharmonyfoods.com/. NHYF Shareholders are encouraged to register on the "Investor Relations" page to receive ongoing Natural Harmony Foods news updates, and/or search "NHYF" on http://www.pinksheets.com/ for current financial information on the company.
About Signature Devices, Inc.
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.
Contact
WallSt.net
800-4-WALLST
WallStreet Direct, Inc.; Patrician Diamonds, Inc.; Natural Harmony
CONTACT: Nick Iyer, 1-800-4-WALLST, WallSt.net
Web site: http://www.wallst.net/ http://www.patriciandiamonds.com/ http://www.naturalharmonyfoods.com/ http://www.signaturedevices.com/ http://www.graffitientertainment.com/
Orbitz Worldwide Renews Distribution Deal Partnership with Dollar Thrifty Automotive Group
CHICAGO and TULSA, Okla., March 27 /PRNewswire-FirstCall/ -- Orbitz Worldwide , a leading global online travel company, today announced that is has renewed its distribution agreement with Dollar Thrifty Automotive Group, Inc. to distribute Dollar Rent-A-Car and Thrifty Car Rental inventory through its Orbitz (http://www.orbitz.com/) and CheapTickets (http://www.cheaptickets.com/) consumer brands and corporate travel brand, Orbitz for Business (http://www.orbitzforbusiness.com/).
(Logo: http://www.newscom.com/cgi-bin/prnh/20070813/AQM125LOGO)
The agreement will provide Orbitz Worldwide's customers with access to a broad array of rental cars from DOLLAR(R) and Thrifty Car Rental locations throughout the U.S. and Canada.
"During an economic period when Orbitz Worldwide customers are hunting for a value, we're pleased to be able to offer car rental inventory from a company like the Dollar Thrifty Automotive Group," said Seth Brody, Group Vice President, Americas Business Operations, Orbitz Worldwide. "From hybrids to high end to value rentals, Orbitz Worldwide remains committed to offering customers more choices for their travels when they book through our portfolio of brands across the globe."
For more information on how your company can partner with Orbitz Worldwide, visit http://corp.orbitz.com/.
"We're delighted to renew our partnership between two of the best car rental value brands in the industry with Orbitz Worldwide," said Charlie Coniglio, vice president of E-commerce and Global Distribution for Dollar Thrifty Automotive Group, Inc. "DOLLAR and Thrifty are an excellent fit with discriminating Orbitz Worldwide customers seeking travel value choices online."
About Orbitz Worldwide
Orbitz Worldwide is a leading global online travel company that uses innovative technology to enable leisure and business travelers to research, plan and book a broad range of travel products. Orbitz Worldwide owns and operates a portfolio of consumer brands that includes Orbitz (http://www.orbitz.com/), CheapTickets (http://www.cheaptickets.com/), ebookers (http://www.ebookers.com/), discount hotels provider HotelClub (http://www.hotelclub.com/), late rate hotel specialists RatesToGo (http://www.ratestogo.com/) and the Away Network (http://www.away.com/) and corporate travel brand Orbitz for Business (http://www.orbitzforbusiness.com/). For more information on how your company can partner with Orbitz Worldwide, visit http://corp.orbitz.com/.
About Dollar Thrifty Automotive Group, Inc.
Dollar Thrifty Automotive Group, Inc. is a Fortune 1000 Company headquartered in Tulsa, Oklahoma. Driven by the mission "Value Every Time," the Company's brands, Dollar Rent A Car and Thrifty Car Rental, serve value-conscious travelers in approximately 70 countries. Dollar and Thrifty have over 800 corporate and franchised locations in the United States and Canada, operating in virtually all of the top U.S. airport markets and in all of the top Canadian airport markets. The Company's more than 8,400 employees are located mainly in North America, but global service capabilities exist through an expanding international franchise network. For additional information, visit http://www.dtag.com/, http://www.dollar.com/ or http://www.thrifty.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20070813/AQM125LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Orbitz Worldwide
CONTACT: Brian Hoyt of Orbitz Worldwide, Inc., +1-312-894-6890, bhoyt@orbitz.com; or Chris Payne of Dollar Thrifty Automotive Group, Inc., +1-918-669-2236, chris.payne@dtag.com
Web site: http://www.orbitz.com/ http://www.cheaptickets.com/ http://www.ebookers.com/ http://www.hotelclub.com/ http://www.ratestogo.com/ http://www.away.com/ http://www.ratestogo.com/ http://www.orbitzforbusiness.com/ http://corp.orbitz.com/ http://www.dtag.com/ http://www.dollar.com/ http://www.thrifty.com/
Silicon Image Announces Webcast of Upcoming Investor Events
SUNNYVALE, Calif., March 27 /PRNewswire-FirstCall/ -- Silicon Image, Inc. , a leader in semiconductors for the secure storage, distribution and presentation of high-definition content, today announced that it will be webcasting the following investor events:
-- April 2, 2008 at 2:00 p.m. Pacific Time: 9th Annual B. Riley Las Vegas
Investor Conference; and
-- May 1, 2008 at 2:00 p.m. Pacific Time: Silicon Image's First Quarter
2008 Financial Results Conference Call.
Each webcast will be accessible on the financial events page of the investor relations website at http://ir.siliconimage.com/events.cfm. An archive of the webcast will be available within two hours of each event.
Silicon Image will release its first quarter 2008 financial results after the market closes on May 1, 2008. The company will host an investor conference call and web cast that event at 2:00 p.m. Pacific Time on the same day. To access the conference call, dial 719-325-4803 and enter pass code 7627614. The webcast will be accessible on Silicon Image's investor relations website at http://www.siliconimage.com/. A replay of the conference call will be available until midnight Pacific Time, May 15, 2008. To access the replay, dial 719-457-0820 or 888-203-1112, and enter pass code 7627614.
About Silicon Image, Inc.
Silicon Image, Inc. is a global leader in driving the architecture and semiconductor implementation for the secure storage, distribution and presentation of high-definition content in the consumer electronics, personal computing, and mobile device markets. With a rich history of technology innovation that includes creating industry standards such as SATA, DVI and HDMI, Silicon Image partners with the world's leading entertainment creators and electronics manufacturers to deliver digital HD content to consumers anytime, anywhere, on any device. Silicon Image is also a leading provider of semiconductor intellectual property solutions for high-definition multimedia and data storage applications. Additionally, Simplay Labs, LLC, a wholly-owned subsidiary of Silicon Image, offers robust testing tools, technologies, support services, consulting and product certification to electronics manufacturers to maximize performance, interoperability and ensure the highest-quality HD experience to consumers. With engineering, sales and customer support facilities located throughout North America, Asia and Europe, Silicon Image is globally headquartered in Sunnyvale, California. For more information, please visit http://www.siliconimage.com/.
NOTE: Silicon Image and Simplay HD are trademarks, registered trademarks or service marks of Silicon Image, Inc. in the United States and other countries. HDMI(TM) and High-Definition Multimedia Interface are trademarks or registered trademarks of HDMI Licensing, LLC in the United States and other countries, and are used under license from HDMI Licensing, LLC. All other trademarks and registered trademarks are the property of their respective owners.
Silicon Image, Inc.
CONTACT: Kasey Holman, Media Relations, +1-408-616-4192, Kasey.Holman@SiliconImage.com, or Investors, David H. Allen, +1-408-616-4003, David.Allen@SiliconImage.com, both of Silicon Image, Inc.
Web site: http://www.siliconimage.com/
Pharsight Signs New Diabetes Meta-Database CustomerTop 20 Global Pharmaceutical Company Licenses Public-Source Database to Quantify Competitive Treatment Landscape and Support Model-Based Drug Development
MOUNTAIN VIEW, Calif., March 27 /PRNewswire-FirstCall/ -- Pharsight Corporation , a leading provider of software, strategic consulting, and regulatory services for optimizing clinical drug development, today announced that it has licensed its public-source Type II Diabetes meta- database to a Top 20 global pharmaceutical company. The customer expects to use the database to build quantitative models of the competitive landscape for oral diabetes treatments that will support clinical program decision-making for promising compounds in its diabetes pipeline. This is the second license Pharsight has sold for its diabetes meta-database.
Pharsight's meta-database for Type II Non-Insulin Dependent Diabetes Mellitus (NIDDM) captures clinical efficacy and safety measures from 106 clinical trials, including multiple drug classes and comparative treatments and more than 30 clinical endpoints.
Pharsight has assembled a team of clinical database and clinical pharmacy experts dedicated to extracting information from the public domain and transforming this information into model-ready datasets. These datasets are used by biopharmaceutical companies and Pharsight scientific consultants to answer a variety of drug development questions. Pharsight offers public-source meta-databases in nine therapeutic areas, covering 20 disease indications. Additional information is available at http://www.pharsight.com/services/scs_sub_metadata.php.
"Pharsight is pleased that another leading pharmaceutical company has elected to use our meta-database to enable objective comparisons of drug effects for its diabetes programs," said Shawn O'Connor, president, chief executive officer and chairman of Pharsight. "Using public domain data extracted from the scientific literature to build predictive models of the competitive landscape provides a quantitative means for understanding the clinical potential of a drug candidate and earlier assessment of its' competitive viability. Pharsight systematically compiles public-source clinical databases, many in high-prevalence disease areas, with a deliberate focus to enable knowledge sharing and efficient drug-disease modeling to support our client's critical drug development decisions."
About Pharsight Public-Source Meta-databases
Pharsight meta-databases provide highly structured quantitative information from the public-source scientific literature that can be used to understand the competitive landscape for a particular therapeutic area and indication. Meta-databases provide a starting point for model-based drug development approaches, and when combined with proprietary data on specific compound(s) can be used to manage risk and address specific drug development program questions concerning dose selection, efficient and effective trial design, and "go/no-go" decisions. Pharsight offers meta-databases in nine therapeutic areas, covering 20 disease indications that include type II diabetes, thrombosis, depression and insomnia.
About Pharsight Corporation
Pharsight Corporation develops and markets integrated products and services that enable pharmaceutical and biotechnology companies to achieve significant and enduring improvements in the development and use of therapeutic products. The company's goal is to help customers reduce the time, cost and risk of drug development, as well as optimize the post-approval marketing and use of pharmaceutical products.
Pharsight's approach enhances the fundamental element of drug development success: strong decision-making. By adopting the Pharsight approach, customers acquire a new decision-making process with the potential to systematically improve every level and phase of their business and scientific processes. Pharsight is headquartered in Mountain View, California. Information about Pharsight is available at http://www.pharsight.com/.
Forward Looking Statements
The statements in this press release related to the design and performance of the Pharsight public-source meta-database offering are forward looking statements. Forward-looking statements are inherently speculative, and actual results may differ materially from Pharsight's expectations due to a variety of factors, including: changes in FDA regulations may affect the demand for the product; and customers may not perceive the benefits of the product to be the same as Pharsight believes them to be. Other risk factors relating to Pharsight are disclosed in the company's most recent Form 10-Q filed with the Securities and Exchange Commission on February 14, 2008. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.
Registered Trademarks and Trademarks
Pharsight is a registered trademark of Pharsight Corporation. All other brand and product names are trademarks or registered trademarks of their respective holders.
Pharsight Corporation
CONTACT: Investors, Douglas Sherk or Matthew Selinger, or Media, Steve DiMattia or Donald Takaya, all of EVC Group, +1-415-896-6820
Web site: http://www.pharsight.com/ http://www.pharsight.com/services/scs_sub_metadata.php
BioLife Solutions Expands Presence in Cell Therapy and Cord Blood Banking Market SegmentsOncolix, Inc. Selects CryoStor(TM) for Cryopreservation of Cell-Based Melanoma Therapy
BOTHELL, Wash., March 27 /PRNewswire-FirstCall/ -- BioLife Solutions Inc. (BULLETIN BOARD: BLFS) , a leading developer and marketer of proprietary hypothermic storage and cryopreservation media products for cells, tissues, and organs, today provided updated information on the adoption of its products in the cellular therapy and cord blood banking market segments.
BioLife announced that Oncolix, Inc., a biopharmaceutical company based in Greenville, South Carolina, is developing a potential lifesaving treatment for stage IV melanoma and has adopted CryoStor for the cryopreservation of the Company's proprietary dendritic cell-based cancer therapy. Michael Redman, President and CEO of Oncolix, commented on the selection of CryoStor for the company's novel treatment for stage IV melanoma by stating, "We evaluated other commercial cryopreservation media as well as an in-house formulation and found that CryoStor clearly offered post-preservation improvement in cellular yield and function without the use of human serum. Our 25-patient phase II clinical trial will commence within a few weeks so we're quite pleased that this variable in our development process has been locked down."
BioLife Chairman and CEO Mike Rice also commented on the use of CryoStor for the cryopreservation of umbilical cord blood: "The worldwide cord blood banking market is experiencing significant growth. We are currently supporting evaluations of CryoStor at several of the largest cord blood banks in the US, Europe, and Asia, and are optimistic that the results of these evaluations will mimic earlier published data about the advantages CryoStor and could lead to further product adoption in this key market."
Rice then remarked on the growing adoption of BioLife products in two strategic market segments: "We're happy to report that we have gained numerous new customers in the cellular therapy market as a result of repeatedly demonstrated improvements in yield, quality, and costs related to biopreservation of biologic source material and manufactured cell therapy products. Over one hundred cell therapy companies have evaluated or adopted HypoThermosol(R) and/or CryoStor for use in the production of novel cellular therapy products targeting a multitude of diseases and disorders such as cancer, heart failure, vision loss, neurologic disorders, and many others. Our products also extend the shelf life and transport time of both very precious blood and tissue based source material as well as for final cell-based clinical products. Several customers have commented that use of our products is critical to enabling eventual commercialization of their cell-based therapies."
About Oncolix
Oncolix is a drug development company focused on treatments for cancer. The company is currently evaluating Melaxin(R), a cellular therapy, for the treatment of metastatic melanoma in a Phase IIa clinical trial. In addition, the Company has a prolactin receptor antagonist (Prolanta(R)) for the treatment of breast cancer, which is expected to be evaluated in a Phase I trial in early 2009.
About BioLife Solutions
BioLife Solutions develops and markets patented hypothermic storage/transport and cryopreservation media products for cells, tissues, and organs. The Company's proprietary HypoThermosol(R) and CryoStor(TM) platform of preservation media products are marketed to academic research institutions, clinical care provider organizations, and commercial companies involved in cell therapy, tissue engineering, cord blood banking, drug discovery, and toxicology testing. BioLife's products are serum-free and protein-free, fully defined, and are formulated to reduce preservation-induced, delayed-onset cell damage and death. BioLife's enabling technology provides research and clinical organizations significant improvement in post-preservation cell and tissue and viability and function. For more information please visit http://www.biolifesolutions.com/.
This news release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include any statements that relate to the intent, belief, plans or expectations of the Company or its management, or that are not a statement of historical fact. Any forward-looking statements in this news release are based on current expectations and beliefs and are subject to numerous risks and uncertainties that could cause actual results to differ materially. Some of the specific factors that could cause BioLife Solutions' actual results to differ materially are discussed in the Company's recent filings with the Securities and Exchange Commission. BioLife Solutions disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.
Media Relations: Investor Relations:
Len Hall Dan Matsui
Allen & Caron Inc. Allen & Caron Inc.
(949) 474-4300 (949) 474-4300
len@allencaron.com d.matsui@allencaron.com
BioLife Solutions Inc.
CONTACT: Media Relations, Len Hall, len@allencaron.com, or Investor Relations, Dan Matsui, d.matsui@allencaron.com, both of Allen & Caron Inc., +1-949-474-4300, for BioLife Solutions Inc.
Web site: http://www.biolifesolutions.com/
SINA to Present at the 11th Credit Suisse Asian Investment Conference
SHANGHAI, China, March 27 /Xinhua-PRNewswire/ -- SINA Corporation , a leading online media company and value-added information service provider for China and for global Chinese communities, today announced that it is scheduled to present at the 11th Credit Suisse Asian Investment Conference in Hong Kong on Wednesday, April 2nd, 2008. Herman Yu, SINA's Chief Financial Officer, will be attending the conference.
Date: Wednesday, April 2nd, 2008
Time: 11:35am Local Time
Place: Island Shangri-La Hotel, Hong Kong
About SINA
SINA Corporation is a leading online media company and value-added information service (VAS) provider for China and for global Chinese communities. With a branded network of localized web sites targeting Greater China and overseas Chinese, SINA provides services through five major business lines including SINA.com (online news and content), SINA Mobile (mobile value-added services), SINA Community (community-based services and games), SINA.net (search and enterprise services) and SINA E-Commerce (online shopping). Together these provide an array of services including region- focused online portals, mobile value-added services, search and directory, interest-based and community-building channels, free and premium email, online games, virtual ISP, classified listings, fee-based services, e-commerce and enterprise e-solutions.
Safe Harbor Statement
This announcement contains forward-looking statements that relate to, among other things, SINA's strategic and operational plans. SINA may also make forward-looking statements in the Company's periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in its proxy statements, in its offering circulars and prospectuses, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. SINA assumes no obligation to update the forward-looking statements in this release and elsewhere. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, SINA's limited operating history, the uncertain regulatory landscape in the People's Republic of China, the changes by mobile operators in China to their policies for MVAS, the Company's ability to develop and market other MVAS products, fluctuations in quarterly operating results, the Company's reliance on online advertising sales and MVAS for a majority of its revenues, the Company's reliance on mobile operators in China to provide MVAS, any failure to successfully develop and introduce new products and any failure to successfully integrate acquired businesses. Further information regarding these and other risks is included in SINA's Annual Report on Form 10-K for the year ended December 31, 2006 and its other filings with the Securities and Exchange Commission.
For more information, please contact:
Cathy Peng
SINA Investor Relations
Tel: +86-10-8262-8888 x 3112
Email: ir@staff.sina.com.cn
Tyler Wilson
The Ruth Group
Tel: +1-646-536-7018
Email: twilson@theruthgroup.com
SINA Corporation
CONTACT: Cathy Peng of SINA Investor Relations, +86-10-8262-8888 x 3112, or ir@staff.sina.com.cn; Or Tyler Wilson of The Ruth Group, +1-646-536-7018, or twilson@theruthgroup.com
ACS Expands National Dental Outreach Program to DallasElementary school children to benefit from free dental screening
DALLAS, March 27 /PRNewswire-FirstCall/ -- As part of its nationwide Dental Outreach Initiative, Affiliated Computer Services, Inc. (ACS) will sponsor free dental education and screening for children in Dallas on Friday, March 28. The event will be held for pupils at Nancy J. Cochran Elementary School, 6000 Keeneland Parkway in Dallas, starting at 9:00 a.m.
The program, conducted in partnership with local volunteer dental professionals, provides free dental education and screenings to underserved children. ACS extended the initiative to Texas in September 2007 with a goal of educating and screening 2,000 children throughout the state. The program serves children in six states and the District of Columbia. Since the initiative was launched in 2004, more than 25,000 children have received dental education.
"With our deep roots in Texas, we are concerned about the health and well- being of our state's neediest children," said Kevin Kyser, ACS chief financial officer. "As a responsible corporate citizen, ACS is committed to helping Texans build and improve their lives. Working with our partners through the Dental Outreach is an opportunity to teach children habits that will profoundly benefit their lives for years to come."
The ACS Dental Outreach Initiative provides free dental screenings and education seminars on dental hygiene by licensed professionals. To reinforce what they learn during the seminars, students receive a gift bag containing a toothbrush, toothpaste, and dental education material. In addition, children receive a screening evaluation and a recommendation report to share with their parents or guardian.
"The ACS Dental Outreach Initiative is our way of reaching into communities throughout the state to help Texas children have not only healthy smiles, but healthy futures as well," said Kyser.
For many children, the ACS Dental Initiative screening will be their first dental check-up. In fact, the American Dental Association (ADA) and the American Academy of Pediatrics (AAP) state that children from low-income families are less likely to see a dentist regularly, and suffer twice as many dental cavities as their peers. In addition, pain and suffering due to untreated disease lead to problems in eating, speaking and paying attention in school. The ADA and the AAP also note that 51 million school hours are lost each year as a result of dental-related problems.
Along with Texas, the initiative benefits children in Florida, Georgia, Maryland, Mississippi, Tennessee, and the District of Columbia.
ACS' approximately 7,000 employees in Texas provide services to commercial and government clients. These include city, county, and state government, as well as businesses in the financial services, healthcare, and other industries. ACS provides Medicaid claims processing, operations support, and primary care case management program administration for the Texas Health and Human Services Commission through the Texas Medicaid & Healthcare Partnership.
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs-inc.com/ .
Affiliated Computer Services, Inc.
CONTACT: Andy Wilson, Director of Corporate Communications, Affiliated Computer Services, Inc., +1-214-841-8004, andy.wilson@acs-inc.com
Web site: http://www.acs-inc.com/
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