Companies news of 2008-04-04 (page 2)
Solomon Announces Appeal Venue
CenturyTel Pursues Overlay of Existing Operations in 700 MHz Auction
The Quest for America's Life in Beautiful Smiles: Captured in PhotographyCrest Whitestrips...
Comcast and Starcom MediaVest Group Expand Addressable Advertising Trial to...
Mobile Text-Based Search Application ChaCha Wins AT&T Mobile Developer ContestDeveloper...
New Battery Charger IC From AnalogicTech Protects Against Faulty Input VoltagesIsolated...
CEVA, Inc. Schedules First Quarter 2008 Earnings Release and Conference Call
Sunovia and EPIR Announce Technology and Manufacturing Breakthroughs for Infrared Sensors...
Orbitz Worldwide Expands Hotel Presence in Las Vegas Through Agreement With Trump
Extreme Networks Schedules Financial Results Conference Call
Tessera Acquires Intellectual Property Rights from Kronos Advanced Technologies
VimpelCom Announces Extension of its GSM 900/1800 Licenses in 50 Russian Regions
AZZ incorporated Reports Results for the Fourth Quarter and Fiscal-Year 2008For the twelve...
Un opérateur du Moyen-Orient utilise la solution OSS dynamique Comptel pour la...
i-flex solutions Limited to Change Its Name to Oracle Financial Services LimitedAlignment...
Solomon Announces Appeal Venue
DANBURY, Conn., April 4, 2008 /PRNewswire-FirstCall/ -- Solomon Technologies, Inc. today announced the location of the oral arguments in its appeal of the decision by the International Trade Commission (ITC) alleging patent infringement by Toyota Motor Corporation, and certain of its affiliates. The case will be heard at the Court of Appeals for the Federal Circuit (CAFC), Court Room 402, 717 Madison Place, N.W. Washington D.C. on April 11, 2008 at 10:00 AM. Solomon's briefs in the case are available for review on Solomon's website. The hearing is open to the public.
The CAFC is the primary court in the United States that hears appeals of patent cases from the lower district courts and from the ITC.
Peter W. DeVecchis, President of Solomon's Motive Power Division commented earlier, "As we continue to prosecute our appeal of the Toyota matter we are pleased that the case has been scheduled for oral argument in an expedient fashion. As previously stated, we believe that the critical issues in the case rely substantially on points of law that have been well settled by this court in the past. We also believe that CAFC's review of this case, in the context of its own precedents, is helpful to Solomon in properly framing the fundamental issue in the case. We are confident that the appeal to the CAFC not only provides the best forum by which to establish the proper interpretation of our patent claims but also gives us a broad set of options to pursue full and fair remedies against Toyota, and other potential infringers, in the future. While our business model does not depend on the outcome of this case, we intend to vigorously pursue all infringements of our intellectual property."
As previously announced, Solomon brought suit against Toyota Motor Corporation, Toyota Motor Sales U.S.A. Inc. and Toyota Motor Manufacturing North America in the United States District Court for the Middle District of Florida, Tampa Division, on September 12, 2005, claiming infringement of Solomon's U.S. Patent Number 5,067,932, primarily relating to Toyota's use of the Hybrid Synergy Drive technology in its Prius and Highlander Hybrid vehicles. On January 11, 2006, Solomon filed an additional complaint against Toyota with the ITC seeking to exclude importation of the infringing technology. The action against Toyota and its affiliates in the United States District Court for the Middle District of Florida, Tampa Division, has been stayed pending resolution of the ITC action.
Information about Solomon Technologies, Inc.: Solomon Technologies, Inc., through its Motive Power and Power Electronics divisions, develops, licenses, manufactures and sells precision electric power drive systems, including those utilizing its patented Electric Wheel(R) Electric Transaxle(TM) and hybrid and regenerative technologies as well as direct current power supplies and power supply systems requiring high levels of reliability and ruggedness for defense, aerospace, marine, commercial, automotive, hybrid electric and all electric vehicle applications.
FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding Solomon Technologies, Inc. in this release that are not historical in nature, particularly those that utilize terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes," or "plans," or comparable terminology, are forward- looking statements based on current expectations about future events, which management has derived from the information currently available to it. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Important factors known to management that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in the Company's filings with the Securities and Exchange Commission. The forward- looking statements contained in this release speak only as of the date hereof, and the Company undertakes no obligation to correct or update any forward- looking statements, whether as a result of new information, future events or otherwise.
Contact:
Solomon Technologies, Inc.
Peter DeVecchis, 727-859-4447
http://www.solomontechnologies.com/
or
Crescent Communications
David Long, 203-226-5527
Solomon Technologies, Inc.
CONTACT: Peter DeVecchis, Solomon Technologies, Inc., +1-727-859-4447, David Long, Crescent Communications, +1-203-226-5527, for Solomon Technologies, Inc.
Web site: http://www.solomontechnologies.com/
CenturyTel Pursues Overlay of Existing Operations in 700 MHz Auction
MONROE, La., April 4, 2008 /PRNewswire-FirstCall/ -- CenturyTel, Inc. announced today that it was the successful bidder for 69 licenses in the Federal Communications Commission's (FCC) recently completed 700 megahertz (MHz) spectrum auction.
The spectrum, which provides wireless overlap of approximately 53% of CenturyTel's local exchange areas, is being acquired at an average price per megahertz pop of $.70 and a total cost of $149 million. The spectrum creates a highly contiguous footprint that closely overlaps CenturyTel's existing local exchange and long-haul fiber networks. The Company expects to pay the remaining 80% of the purchase price, which is due no later than April 17, 2008, utilizing funds from operations and its $750 million credit facility.
"We are very pleased with the opportunity to cover such a significant percentage of our local exchange markets at prices that are less than 40% of the average price paid per megahertz pop in Blocks A&B," said Glen F. Post, III, chairman and chief executive officer. "This spectrum is well suited for serving less densely populated markets and should enable us to leverage our existing network assets to offer our customers a compelling range of wireless and fixed-line voice and broadband products."
Licenses will not formally be granted until the FCC completes its approval process and, under FCC rules, the 700 MHz spectrum will not be cleared for usage until early 2009. Accordingly, the Company does not expect material changes to its 2008 capital budget or operating results as a result of acquiring the spectrum. The Company expects to provide additional information in late 2008 and early 2009 about its plans for deploying 700 MHz spectrum, including the impact of any such plans on its capital costs and free cash flow.
"We recognize the importance of our disciplined approach to capital deployment and free cash flow generation, and we remain focused on maintaining that discipline while positioning ourselves for long-term growth," Post said. "While it is too early to discuss financial and operational details, we are acquiring spectrum that overlaps our core ILEC and fiber transport networks. This should enable us to utilize our existing operations, including our current distribution and technical support infrastructure, to cost-effectively deploy wireless services, both in our existing markets and in selective contiguous markets, where we believe profitable growth is achievable."
We believe the acquisition and build-out of the 700 MHz wireless spectrum is strategically advantageous for CenturyTel for a number of reasons:
-- It provides CenturyTel the opportunity to deliver wireless voice and
broadband data to a significant percentage of our current customer
base, making CenturyTel the only on-net provider of both fixed and
wireless broadband in many of our markets.
-- Focusing on contiguous spectrum that overlaps existing local exchange
and fiber transport assets should enable CenturyTel to leverage
existing network, personnel, brand awareness and distribution channels.
-- We expect significant industry and equipment vendor focus on
development of 700 MHz broadband technologies.
Key Data
-- Percentage Access Line Overlap
* 75% to 100% - Arkansas, Louisiana, Montana and Ohio
* 50% to 74% - Alabama, Colorado, Illinois, Michigan and Missouri
* 25% to 49% - Oregon and Wisconsin
-- Approximately 30% of access lines have 24 MHz coverage and
approximately 23% have 12 MHz coverage.
-- Approximately 4,500 miles of CenturyTel's regional fiber network lies
within the acquired wireless footprint.
-- Cost Information:
* A Block - $.87 Average Price per MHz Pop versus $1.16 National
Average
* B Block - $.45 Average Price per MHz Pop versus $2.68 National
Average
* $.70 Overall Average Price per MHz Pop versus $1.92 National Average
for A & B Block Combined
A map outlining the results of CenturyTel's participation in the 700 MHz auction is available on the Investor Relations home page at ir.centurytel.com.
In addition to historical information, this release includes certain forward-looking statements and estimates that are based on current expectations only, and are subject to a number of risks, uncertainties and assumptions, many of which are beyond CenturyTel's control. Actual events and results may differ materially from those anticipated or estimated if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. Factors that could affect actual results include but are not limited to events or circumstances that prevent or delay the Company from receiving final 700 MHz spectrum licenses, whether caused by changes in the FCC's rules or schedule, the Company's failure to meet ownership requirements, or otherwise; changes in the Company's cash requirements or capital spending plans; the Company's ability to successfully introduce new product or service offerings on a timely and cost-effective basis; possible changes in the demand for, or pricing of, the Company's existing or proposed products and services; the timing, success and overall effects of competition from a wide variety of competitive providers; the risks inherent in rapid technological change; the effects of ongoing changes in the regulation of the communications industry; the Company's continued access to credit markets on favorable terms; other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission (the "SEC"); and the effects of more general factors such as changes in interest rates, in general market, labor or economic conditions, or in legislation, regulation or public policy. These and other uncertainties related to the Company's business are described in greater detail in the Company's Annual Report on Form 10-K for the year ended December 31, 2007, as updated by the Company's subsequent SEC reports. You should be aware that new factors may emerge from time to time and it is not possible for management to identify all such factors, nor can it predict the impact of each such factor on the business or the extent to which any one or more factors may cause actual results to differ from those reflected in any forward-looking statements. You are further cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The information contained in this release is as of April 4, 2008. The Company undertakes no obligation to update any of its forward- looking statements for any reason.
CenturyTel is a leading provider of communications, high-speed Internet and entertainment services in small-to-mid-size cities through our broadband and fiber transport networks. Included in the S&P 500 Index, CenturyTel delivers advanced communications with a personal touch to customers in 25 states. Visit us at http://www.centurytel.com/.
CenturyTel, Inc.
CONTACT: Tony Davis of CenturyTel, Inc., +1-318-388-9525, tony.davis@centurytel.com
Web site: http://www.centurytel.com/
The Quest for America's Life in Beautiful Smiles: Captured in PhotographyCrest Whitestrips Partners with Nigel Barker to Create Gallery of Beautiful Smiles Curated by Gen Art
NEW YORK, April 4, 2008 /PRNewswire-FirstCall/ -- Calling all beautiful, healthy smiles! To celebrate the launch of a new generation of smile care, Crest Whitestrips Daily Whitening + Tartar Protection -- the five minute daily solution for your smile to whiten and protect against tartar build-up -- Crest Whitestrips and Gen Art have partnered to host "My Life in Smiles," a national, amateur photography competition to showcase America's greatest smile moments.
To commemorate America's life in smiles and help entrants gain national exposure and recognition as a photographer, Crest Whitestrips and Gen Art have enlisted a judging panel including renowned photography industry experts to select twenty-five semi-finalists within five categories. The panel includes internationally recognized fashion photographer, Nigel Barker, Stephanie Kim, Photo Director for Woman's Day, Phillip Block, Deputy Director for Programs, Director of Education for the International Center of Photography, Carrie Schupper, Director of Art Programming for Gen Art and David Dintenfass, Associate Marketing Director, North American Oral Care, Procter & Gamble.
"Capturing a beautiful moment in a photo is something I'm very passionate about," said Nigel Barker. "I'm happy to help Crest Whitestrips on their mission to inspire photographers everywhere to capture smile moments and would encourage aspiring photographers to express themselves through their photos."
America will vote for their favorite photograph by logging onto http://www.mylifeinsmiles.com/ . The winning images will be featured at a Smile exhibition held in June at Openhouse Gallery in New York City where Crest Whitestrips and Gen Art will host a press conference and cocktail reception. One grand-prize winner will receive an all expenses paid trip for two to attend the opening plus a cash prize -- now that's something to smile about! Semi-finalists will receive a kit of the new Crest Whitestrips Daily Whitening + Tartar Protection to ensure they have picture-perfect, white teeth everyday.
"We wanted to create an interactive way for consumers to show how special a smile is by sharing their life in smiles with America," said David Dintenfass, Associate Marketing Director, North American Oral Care, Procter & Gamble. "Because of their credibility and expertise, we are excited to partner with Gen Art, the leading arts and entertainment organization dedicated to showcasing the best emerging talent."
For more information and to enter, visit http://www.mylifeinsmiles.com/ from April 4 through April 30, 2008 to submit a photo of your favorite smile moment within the following five categories: (1) Self Portrait: When I Smile, (2) Special Occasions: Evoking the Emotion of a Smile, (3) Abstract: Creative Angles of a Smile, (4) Say Cheese! Everyday Smiles, (5) Just Smiles: Many Smiles.
About Gen Art:
Gen Art is the leading arts and entertainment organization dedicated to showcasing emerging fashion designers, filmmakers, musicians and visual artists. With offices in New York, Los Angeles, San Francisco, Miami and Chicago, Gen Art produces over 100 events annually ranging from a week-long film festival to star-studded fashion shows, live music programming, art exhibitions, multi-media events and much more. Since its inception in 1994, it has showcased over 1,000 emerging artists. Gen Art strives to provide access to the film, fashion, art and music worlds for those that are interested in these areas, but often are intimidated by the exclusive nature of these art / entertainment realms. Gen Art has cultivated a loyal following of 21-39 year olds who want to keep in touch with new developments in the arts and who strive to be in-the-know about new happenings in their city.
About Crest Whitestrips:
Crest Whitestrips makes it easy and affordable to get a bright, white smile by using the same enamel-safe whitening ingredient dentists use to get out stains on and beneath the surface of teeth. Since 2001, the #1 dentist recommended brand and winner of multiple awards, Crest Whitestrips has helped bring brilliant, beautiful, brighter, whiter smiles to more than 30 million people. These people have made Crest Whitestrips their best beauty secret, transforming their smiles into the must-have accessory of any season. For more information, visit http://www.whitestrips.com/ .
About Procter & Gamble :
Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Pringles(R), Folgers(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Actonel(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella, Gillette(R), and Braun. The P&G community consists of over 135,000 employees working in over 80 countries worldwide. Please visit http://www.pg.com/ for the latest news and in-depth information about P&G and its brands.
For more information:
Taryn Levy Kristy Parker
212-891-0404 212-891-0411
tlevy@devries-pr.com kparker@devries-pr.com
Procter & Gamble
CONTACT: Taryn Levy, +1-212-891-0404, tlevy@devries-pr.com; or Kristy Parker, +1-212-891-0411, kparker@devries-pr.com
Web site: http://www.pg.com/ http://www.mylifeinsmiles.com/ http://www.whitestrips.com/
Comcast and Starcom MediaVest Group Expand Addressable Advertising Trial to BaltimoreInitial Trial Results Reveal Addressable Ads Delivered 56% More Efficiency and 38% More Effectiveness for Marketers
NEW YORK and CHICAGO, April 4, 2008 /PRNewswire/ -- Comcast Spotlight, the advertising sales division of Comcast Cable, and leading media agency network Starcom MediaVest Group (SMG) announced today the expansion of their agreement to test addressable TV advertising with a trial scheduled to launch in the third quarter of 2008 in the Baltimore, MD area. The companies also shared findings of a recently completed groundbreaking trial of addressable advertising technology, designed to make television advertising more relevant for viewers and more accountable for advertisers.
The initial technical trial, which began in December 2006, took place in Huntsville, AL. Comcast successfully delivered thousands of ads, across eight popular cable networks, addressed to different anonymous groups of households based on general characteristics selected by the trial's participating advertisers.
The trial was intended to illustrate the effectiveness and efficiency of addressable advertising. Comcast has been offering zone-based advertising, but this was the industry's first significant effort to deliver different ads within the same commercial break to different household groupings, based on demographics and advertiser segments, but not personally identifiable information, in the interest of increased ad relevance.
"Addressable advertising gets us closer to the power of mass personalization by delivering highly relevant brand messages to engaged consumers, and this is the ideal connection in a world of scarce consumer attention," said Laura Desmond, CEO-The Americas at Starcom MediaVest Group.
Major marketers active in the trial, all SMG agency clients, included General Motors, Discover Card, Hallmark, Kraft Foods, Mars, Miller Brewing Company and Procter & Gamble. One of the unprecedented capabilities demonstrated in this trial was advertisers were able to segment the market into audiences based on demographic data, and Comcast was able to deliver relevant ads for the advertisers' products and services to each segment.
Comcast's data services partner, Experian(R) Marketing Services, assisted Comcast in segmenting the market and matching relevant messages to groupings of households. Addressable advertisements were delivered with the support of OpenTV's SpotOn(TM) advanced advertising solution, which allows for seamless switching of video ads to aggregated groups of set-top boxes. During the trial, SMG received reports and analysis based on aggregated, anonymized viewership information from Comcast and its research partner TNS Media Research.
The trial revealed that viewers who saw ads directed to households within a particular group were less likely to change channels. Comcast and SMG found that, overall, homes receiving addressable advertising tuned away 38% less of the time available than homes that received non-addressable advertising.
According to George Shababb, COO TNS Research, this 'tune away' methodology opens important new doors to understanding the effectiveness of addressable video advertising. The trial also demonstrated a 56% greater efficiency from sending ads only to relevant groupings that the advertiser wanted to reach, based on the per-spot costs of addressable and non- addressable ads.
The Huntsville market was selected to pave the way for a larger scale deployment in 2008. The next Comcast Cable market slated to receive an expanded trial of addressable advertising is Baltimore, MD using Invidi's Advatar(TM) technology. SMG will continue to be the media agency partner for an additional twelve months and will play a central role in the Baltimore area trial, expected to begin this summer.
"The shift of client dollars to digital media has largely been driven by the delivery of relevant and accountable advertising, something the online industry has built their entire business model upon," said Curt Hecht, Chief Digital Officer at Starcom MediaVest Group. "Television needs its equivalent, and our trials indicate addressability could be it. Now they need to move at online speed to make it a reality and reinvent the television marketplace."
"Cable's unique technology can make TV advertising more relevant for our cable customers while providing innovative marketing solutions for our advertising clients and maintaining cable's commitment to safeguard customer privacy," said Charlie Thurston, President of Comcast Spotlight. "We see addressability as a critical capability for the future of advanced advertising touching virtually every format from linear on-air to on demand and interactive, and eventually, even DVRs."
"Across the board, we -- like all marketers -- have increasingly demanded more accountability in our marketing efforts. In a world with increased digital resources, converging technologies and greater need for fine-tuned consumer focus, there is no reason not to demand this accountability from TV advertising," said Betsy Lazar, Executive Director of Advertising and Media Operations at GM. "We believe that this effort by Comcast in partnership with Starcom MediaVest Group is a momentous step towards the future."
About Comcast Spotlight
Comcast Spotlight, the advertising sales division of Comcast Cable, helps put the power of cable to use for local, regional and national advertisers. It is focused on providing multi-platform marketing solutions to reach audiences most effectively and efficiently. Headquartered in New York with offices throughout the country, Comcast Spotlight has a presence in nearly 90 markets with approximately 30 million owned and represented subscribers. Comcast Spotlight is a trademark of Comcast Cable. For more information, visit http://www.comcastspotlight.com/.
About Starcom MediaVest Group
Ranked one of the largest brand communications groups in the world, Starcom MediaVest Group (http://www.smvgroup.com/) encompasses an integrated network of highly specialized consumer contact companies. SMG's global organization includes strategic marketing communication architects who are highly specialized in media management, response media, internet and digital communications, as well as multicultural, entertainment, gaming, sports, sponsorship, event marketing and media. With nearly 5,800 employees in 110 offices worldwide, SMG delivers brand-building results for many of the world's leading companies. It is part of Paris-based Publicis Groupe S.A.
Comcast Spotlight
CONTACT: Media: Dana Runnells, Comcast Spotlight, +1-917-934-1015, Dana_Runnells@cable.comcast.com; Lena Petersen, Starcom MediaVest Group, +1-312-220-4169, lena.petersen@smvgroup.com
Web site: http://www.comcast.com/ http://www.comcastspotlight.com/ http://www.smvgroup.com/
Mobile Text-Based Search Application ChaCha Wins AT&T Mobile Developer ContestDeveloper Wins $25,000 Grand Prize and Exposure To More Than 70 Million Wireless CustomersHeld at CTIA Show, 3rd Annual AT&T Fast-Pitch Program Also Awards Applications for Studying and Shopping On Wireless Devices
LAS VEGAS, April 4, 2008 /PRNewswire-FirstCall/ -- Need to know the weather in Miami tomorrow? Want to know how to spell ginormous? How about the ingredients in a frozen Margarita? Those answers and many more are available using an innovative mobile text message service from ChaCha, which won the grand prize award in a mobile software developer contest sponsored by AT&T.
ChaCha, along with more than 100 other mobile software developers, participated in the 3rd annual Fast Pitch contest held at the annual CTIA wireless show this week in Las Vegas. Indianapolis-based ChaCha, won a $25,000 grand prize. ChaCha also will be promoted on AT&T's premier wireless application portal MEdiaNet, giving it exposure to AT&T's more than 70 million customers.
Mobile Answers gives users the ability to text or call-in an open-ended question using a cell phone or other mobile device. A few minutes later, an answer will provided via text message, along with a web link to follow for more information. For example, a consumer could ask, "Where could I buy the cheapest gas in Orlando, Fla?" and a human guide, utilizing powerful tools to search the Web would return an answer in a text message with a Web reference link.
The two runners-up in the contest were Slifter, a location-based shopping service from New York-based GPSShopper, and Mobile Prep, from Positive Motion in Seattle, which enables students to prepare for exams by using a mobile device to access a vast library of information. Both companies received a $5,000 cash award.
"Our rapidly growing base of repeat customers proves that ChaCha mobile answers service is a true breakthrough," said Scot A. Jones, co-founder and CEO of ChaCha. "Being selected by the largest mobile carrier -- at the largest wireless show -- is an honor as it validates the unique capabilities provided by ChaCha. We are thrilled about the opportunity to make ChaCha's mobile answers service available to AT&T's customer base."
ChaCha and other entrants in the consumer contest were judged on several factors: innovation and originality of the application; market appeal; interface design; and number of platforms and handsets supported.
Fast-Pitch allows developers to meet with AT&T officials in person to discuss their applications for consideration for placement on AT&T's wireless network.
"Fast Pitch continues to be a very successful program in helping us to find new and innovative wireless applications," said Mark Collins, vice president of Consumer Data, AT&T's wireless unit. "We extend our congratulations to all the winners and thanks to this year's participants."
AT&T was the first major wireless carrier to create a developers relations program and now has over 20,000 developers registered in its program. The company offers its customers all of the world's major mobile operating systems working with developers to create applications and content for Blackberry, iPhone, Microsoft Windows Mobile, Java, Palm OS and Symbian.
All of AT&T's mobile applications operate on its GSM network, the world's standard in mobile communications used by nearly 3 billion people. GSM is inherently open, making it easy for developers and carriers to bring innovative applications to consumers.
In a competitive analysis of the developer relations programs of major wireless carriers and device manufacturers published last year by Evans Data, AT&T ranked first among carriers in its ability to help wireless developers successfully commercialize their applications from concept to certification to generating revenue.
The study -- which also ranked AT&T first amongst carriers and second overall for the quality of its developers program -- said, "(AT&T's developer) partnering options are amongst the most well-defined among the companies reviewed here. Developers are given several options to market their applications, through (AT&T's) own marketplace and through external resources like Cellmania and Handango."
Developers interested in joining AT&T's developer program should visit: http://developer.att.com/.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Mark Siegel of AT&T Inc., +1-404-236-6312, iPhone, +1-404-345-3673, mark.a.siegel@att.com
Web site: http://www.att.com/
New Battery Charger IC From AnalogicTech Protects Against Faulty Input VoltagesIsolated OVP Switch Offers Protection up to 28V
SANTA CLARA, Calif., April 4, 2008 /PRNewswire-FirstCall/ -- Advanced Analogic Technologies, Inc. (AnalogicTech) , a developer of power management semiconductors for mobile consumer electronic devices, announced today the AAT3783, a 1A linear Li-ion/Polymer battery charger IC with an integrated over-voltage protection (OVP) switch. Designed to charge 4.2-V Li-ion/Polymer battery cells from either AC or USB inputs, the new charger IC also features a digital thermal management system that maximizes charging efficiency and shortens battery recharge time.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050829/SFTU089LOGO)
"Today many manufacturers of cellular handsets, Bluetooth headsets, MP3 players and other portable systems require over-voltage protection to protect the battery and system against faulty inputs," notes Siamak Bastami, product line director at AnalogicTech. "By integrating an isolated OVP switch, the AAT3783 Li-Ion/Polymer battery charger offers protection against single point failures up to 28V while reducing component count and simplifying design."
Maximum Charge Efficiency
The AAT3783 integrates a charging device, a reverse blocking diode and current sensing circuitry in the same die. It operates off a 4.0-V to 7.5-V input range and supplies a programmable current from 100 mA to 1A.
To maximize charging current under all operating conditions, the AAT3783 features a special digital thermal management system that measures the internal die temperature and reduces the fast charge current when the device exceeds a preset threshold. This thermal loop control constantly re-evaluates the circuit die temperature and adjusts the fast charge current up or down in small steps until an equilibrium current is reached. Since the thermal loop controls the system charge level, it maximizes charging efficiency by ensuring the charger will use the highest level of constant current in fast charge mode possible for any given ambient temperature condition.
The AAT3783 also features over-voltage, over-current, short-circuit and over-temperature circuits which automatically protect the charging device, control system and battery-under-charge by shutting down the system when a fault occurs. A status monitor output pin is provided which can be used to indicate battery charge status by directly driving an external LED.
Price and Availability
Qualified across the -40 C to +85 C temperature range, the AAT3783 is available in a Pb-free, 16-pin TDFN package. The device sells for $0.95 in 1K quantities.
About AnalogicTech
Advanced Analogic Technologies, Inc. (AnalogicTech) is a supplier of Total Power Management(TM) semiconductor solutions for mobile consumer electronic devices, such as wireless handsets, notebook and tablet computers, smartphones, digital cameras, wireless LAN, and personal media players. The company focuses its design and marketing efforts on the application-specific power management needs of consumer, communications, and computing applications in these rapidly evolving devices. AnalogicTech also develops and licenses device, process, package, and application-related technology. AnalogicTech is headquartered in Santa Clara, California and Macau, S.A.R., with offices in China (Beijing, Shanghai and Shenzhen), Hong Kong, Taiwan, Japan, South Korea, Sweden, France and United Kingdom, as well as a worldwide network of sales representatives and distributors. The company is listed on the NASDAQ exchange under the ticker symbol AATI. For more information, please visit the AnalogicTech website: http://www.analogictech.com/. (AnalogicTech - G)
AnalogicTech and the AnalogicTech logo are trademarks of Advanced Analogic Technologies Incorporated. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.
Photo: http://www.newscom.com/cgi-bin/prnh/20050829/SFTU089LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Advanced Analogic Technologies, Inc.
CONTACT: headquarters, Karolien Cools-Wittry of AnalogicTech, +1-408-737-4600, karoliencw at analogictech.com; or agency, Matthew Quint of Quint Public Relations, +1-650-599-9450, mquint@quintpr.com, for Advanced Analogic Technologies, Inc.
Web site: http://www.analogictech.com/
CEVA, Inc. Schedules First Quarter 2008 Earnings Release and Conference Call
SAN JOSE, Calif., April 4, 2008 /PRNewswire-FirstCall/ -- CEVA, Inc. [; ], a leading licensor of silicon intellectual property (SIP) DSP cores and platform solutions for mobile handsets, consumer electronics and storage applications, will announce results for the first quarter ended March 31, 2008 on April 29, 2008 before the NASDAQ market opens.
(Video: http://www.videonewswire.com/event.asp?id=47253)
(Logo: http://www.newscom.com/cgi-bin/prnh/20051010/CEVALOGO)
Following the release, CEVA management will conduct a conference call at 8:30 a.m. Eastern Time / 1.30 p.m. London time, to discuss the operating performance for the quarter.
The conference call will be available via the following dial in numbers:
-- US Participants: Dial 1-877-493-9121 (Access Code: CEVA)
-- UK/Rest of World: Dial +44-800-032-3836 (Access Code: CEVA)
The conference call will also be available live via the Internet at the following link: http://www.videonewswire.com/event.asp?id=47253. Please go to the web site at least fifteen minutes prior to the call to register, download and install any necessary audio software.
For those who cannot access the live broadcast, a replay will be available by dialing 1-800-642-1687 (passcode: 42226593) for US domestic callers and +44-800-917-2646 (passcode: 42226593) for international callers from two hours after the end of the call until 11:59 p.m. (Eastern Time) on May 6, 2008. The replay will also be available at CEVA's web site http://www.ceva-dsp.com/.
About CEVA, Inc.
Headquartered in San Jose, Calif., CEVA is a leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores for mobile, consumer electronics and storage applications. CEVA's IP portfolio includes comprehensive solutions for multimedia, audio, voice over packet (VoP), Bluetooth and Serial ATA (SATA), and a wide range of programmable DSP cores and subsystems with different price/performance metrics serving multiple markets. In 2007, CEVA's IP was shipped in over 225 million devices. For more information, visit http://www.ceva-dsp.com/
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20051010/CEVALOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Video: http://www.videonewswire.com/event.asp?id=47253
CEVA, Inc.
CONTACT: Yaniv Arieli, CFO, +1-408-514-2941, yaniv.arieli@ceva-dsp.com, or Richard Kingston, Director of Marketing & Investor Relations, +1-408-514-2976, richard.kingston@ceva-dsp.com, both of CEVA, Inc.
Web site: http://www.ceva-dsp.com/
Sunovia and EPIR Announce Technology and Manufacturing Breakthroughs for Infrared Sensors and Next-Generation Solar Cells
SARASOTA, Fla., April 4, 2008 /PRNewswire-FirstCall/ -- Sunovia Energy Technologies, Inc. (BULLETIN BOARD: SUNV) is pleased to announce technology and manufacturing breakthroughs by EPIR Technologies, Inc. (EPIR). EPIR's research and development efforts have formed a cornerstone for products that enabled the U.S. military's night vision superiority. The breakthroughs address cost reductions that further enable infrared (IR) sensors for use in large commercial markets and provide a new paradigm for multi-junction solar cells. The new solar cell technology will have high efficiencies at lower costs by leveraging less expensive IR system materials and manufacturing processes that have been developed with more than $30 million dollars of investment over the past 25 years. Sunovia and EPIR believe that a very successful strategy is to leverage the ongoing commercialization and continued sale of advanced IR sensors while directly transferring these breakthrough IR technologies to the commercialization of next-generation solar cells. A portion of the core technologies behind EPIR's breakthroughs are disclosed in U.S. Patent No. 6,657,194, "Multispectral Monolithic Infrared Focal Plane Array Detectors".
Dr. T. S. Lee, who joined EPIR from the Microphysics Laboratory (MPL) at the University of Illinois at Chicago (UIC), was responsible for many of the technical breakthroughs needed for this work. Dr. Lee stated "We surmounted many technical hurdles such as the MBE growth of CdTe and HgCdTe layers on heterostructural silicon wafers containing readout integrated circuits to successfully mate II-VI semiconductor materials with Si for device fabrication for x-ray and infrared detection. I am very excited that this technology also has solar power applications, where it can play a major role in reducing the world's demands for fossil fuels."
"Owning the Night" has been a cornerstone of maintaining the U.S. Army's tactical superiority through advanced technology, plans and tactics. A key element in this equation is maintaining and expanding a clear technological edge in the area of IR imaging -- night vision. Improving sensitivity, decreasing noise, enhancing reliability, and lowering costs represent important success factors in this effort. Central to this work has been the very innovative and extensive research and development work of professor Siva Sivananthan and his teams at UIC, and at EPIR. The most significant advances over the last two and a half decades in the area of advanced materials for IR imaging have come out of the labs of UIC and EPIR.
In the area of night vision, enabling successful nighttime operations lies in the ability to widely disseminate cutting edge imaging technology to as many of the soldiers as possible involved in these nighttime operations. An impediment to accomplishing this goal has been the high cost of these IR imaging devices. The delicate nature and high cost of the MCT IR light detection material itself has been the prime culprit. This advance in depositing a very thin layer of ultra-sophisticated material directly on the read out circuitry represents the removal of a significant hurdle towards achieving substantially lower cost finished devices and systems.
Specifically, EPIR's achievement is a MCT IR focal plane array (FPA) grown directly on a thin cadmium telluride (CdTe) epilayer, which in turn was grown directly on a silicon (Si) read out integrated circuit (ROIC). Thus, the infrared focal plane array that generates the electrical signals to be converted into a digital picture was directly and monolithically connected to the ROIC that interprets those signals to create a picture, without a need for externally applied contacts and interconnects. This monolithic integration of an MCT FPA with its ROIC simultaneously realized a key differentiator within IR detector technology and formed a proof of concept for the fabrication of a novel high efficiency, two-junction and two-terminal solar cell.
This breakthrough resulted from many years of intensive work on the molecular beam epitaxial (MBE) growth of CdTe on Si and of MCT on CdTe, first at MPL and then by many of the same scientists and engineers at EPIR. One of the major challenges overcome was the cleaning of the Si ROICs without damaging the contacts or resorting to temperatures high enough to damage the ROICs. Another was the direct deposition of high quality single crystal CdTe directly on the Si ROICs with excellent current collection by the ROICs despite the small fractional area available for growth on ROICs. Yet others were the deposition of high quality single crystal MCT on the CdTe and the dopant activation and device processing to create an FPA, all at temperatures low enough not to harm the ROIC. Overcoming these challenges clearly demonstrated the ability to fabricate multijunction, two-terminal high- efficiency solar cells such as CdTe/Si cells or other more complex cells based on CdTe/Si and went far beyond that demonstration. This breakthrough and much other work by EPIR on IR FPAs has clearly demonstrated the ability to fabricate such solar cells with the necessary current matching and efficient current collection, without a buffer layer between the Si and the CdTe, with or without a thin zinc telluride tunneling barrier as needed for current matching.
Monolithic integration such as that achieved by EPIR obviates all of the deficiencies associated with the usual bump binding between the contact on each pixel of an FPA and the corresponding ROIC contact, eliminates complex and low-yield processes, eliminates thermal mismatches and thus allows much larger formats and greater resolution, creates compact systems with lower heat loads, and reduces costs by increasing yield. Non-monolithic FPAs, whether grown on Si or on cadmium zinc telluride (CZT) suffer from many deficiencies because of the necessary bump-bonding This bump-bonding requires extensive packaging, is susceptible to vibration failures and is plagued by parasitic capacitances and inductances that degrade the sensitivity and bandwidth of the FPAs.
The material grown and the monolithic devices fabricated were subjected to a number of tests and passed all of them. For example, the measured carrier recombination time, which is the primary measure of material quality and must be long enough to allow the currents generated by incident light to be efficiently collected, was excellent. Also the measured dynamic FPA impedance at the standard operating temperature of 80 K reached 10(6) Ohm-cm(2) at zero bias for growth on Si and 10(5) Ohm-cm(2) for growth on ROICs, again excellent values. Finally, the device operability was found to be excellent, although a small fraction of the pixels lost operability during device fabrication.
In addition to defense IR imaging applications and markets, much larger markets exist in providing a night vision / IR imaging capability in security, law enforcement, and spectroscopic imaging applications. Sunovia believes this significant cost saving advance will go far in enabling the widespread adoption of this technology into these new markets and applications.
Sunovia and EPIR have exclusively partnered to commercialize solar, IR and x-ray technologies for the renewable energy, night vision and medical and scientific markets. Sunovia is the exclusive marketer of all products, technologies and intellectual properties that are developed by EPIR, and currently owns a significant equity interest in EPIR. EPIR is the world leader in R&D on materials and devices for IR detection and imaging for night vision, missile tracking, exploration in space and other applications.
Sunovia announced today that Donna Webb has been appointed to the position of vice president of operations. The company mistakenly indicated that Mrs. Webb had been appointed to the position of chief operations officer in a press release dated March, 2008.
About Sunovia Energy Technologies, Inc.
Sunovia is a Sarasota, Fla. based renewable energy and energy conservation company that is working to develop one of the most advanced and cost-effective cadmium telluride (CdTe) solar cell technologies ever created. Sunovia is also the owner of the proprietary EvoLucia(TM) LED lighting product line, the incredibly energy-efficient solid-state lighting solutions have received CE, FCC, TUV and IP23 regulatory approvals, and are now being marketed worldwide.
Sunovia owns a significant equity interest in Illinois-based EPIR Technologies, Inc. (http://www.epir.com/), one of the most advanced IR sensor and IR imaging companies in the world. EPIR's knowledge, experience and expertise in the growth of CdTe, HgCdTe and other II-VI semiconductors equal or exceed any other company in the world. Their prowess in this area is unmatched and has been endorsed by the award of unprecedented congressional funds for the development of a manufacturing capability for CdTe on Si and the award of a patent for growing CdTe directly on a Si readout integrated circuit. EPIR and Sunovia have a network of close collaborative relationships with the major Defense Department and industrial labs involved in IR detection and imaging, including the Army Research Laboratory, the Night Vision Electronic Sensors Directorate, BAE Systems, Lockheed Martin, DRS, Raytheon, Rockwell, Texas Instruments and other laboratories around the world.
Sunovia Energy's Web site is located at http://www.sunoviaenergy.com/. EPIR Technologies, Inc.'s Web site is located at http://www.epir.com/. More information about this exclusive partnership may be viewed in the company's filings with the Securities and Exchange Commission (SEC), available online at http://www.sec.gov/.
The Sunovia Energy logo is a registered service mark of Sunovia Energy Technologies, Inc. in the United States and/or other countries. Sunovia Energy products and services are provided by Sunovia Energy Technologies, Inc.
About EPIR Technologies, Inc.
EPIR Technologies, Inc. (http://www.epir.com/) is one of the most advanced infrared sensor and infrared imaging companies in the world. EPIR's knowledge, experience and expertise in the growth of CdTe, HgCdTe and other II-VI semiconductors equals or exceeds that of any other company in the world. EPIR's prowess in this area is unmatched and has been endorsed by the award of unprecedented Congressional funds for the development of a manufacturing capability for CdTe on Si and the award of a patent for growing CdTe directly on a Si readout integrated circuit. EPIR and Sunovia have a network of close collaborative relationships with the major Defense Department and industrial labs involved in infrared detection and imaging, including the Army Research Laboratory, the Night Vision Electronic Sensors Directorate, BAE Systems, Lockheed Martin, DRS, Raytheon, Rockwell, Texas Instruments and other laboratories around the world.
Forward-Looking Statement
Some of the statements made by Sunovia in this press release are forward- looking in nature. Actual results may differ materially from those projected in forward-looking statements. Sunovia believes that its primary risk factors include, but are not limited to: development and maintenance of strategic acquisitions; domestic and international acceptance of our product lines; defending our intellectual property and proprietary rights; development of new products and services that meet customer demands and generate acceptable margins; successfully completing commercial testing of new technologies and systems to support new products and services; and attracting and retaining qualified management and other personnel. Additional information concerning these and other important factors can be found within Sunovia's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors.
Sunovia Energy Technologies, Inc.
CONTACT: Craig Hall, Sunovia Energy Technologies, Inc., +1-941-751-6800, craig.hall@sunoviaenergy.com
Web site: http://www.sunoviaenergy.com/
Orbitz Worldwide Expands Hotel Presence in Las Vegas Through Agreement With Trump
CHICAGO, April 4, 2008 /PRNewswire-FirstCall/ -- Orbitz Worldwide , a leading global online travel company, today announced it has reached a distribution agreement with the new Trump International Hotel & Tower Las Vegas (http://www.trumplasvegashotel.com/).
(Logo: http://www.newscom.com/cgi-bin/prnh/20070813/AQM125LOGO)
The agreement will make Trump International Hotel & Tower inventory available through a portfolio of Orbitz Worldwide online travel brands, including Orbitz (http://www.orbitz.com/), CheapTickets (http://www.cheaptickets.com/), ebookers.com (http://www.ebookers.com/) and HotelClub (http://www.hotelclub.com/).
"Las Vegas continues to be Orbitz Worldwide's #1 destination for customers booking flights plus hotel on our U.S. brands, Orbitz and CheapTickets," said Peggy Bianco, vice president of global hotel supplier relations for Orbitz Worldwide. "Trump International Hotel & Tower has been a much-anticipated addition to the Las Vegas landscape, and we're pleased to offer this elegant property and tranquil non-gaming setting to our customers."
The newest property in the Trump Hotel Collection, the 64-story Trump International Hotel & Tower Las Vegas opened March 31, 2008. The property features 1,232 guest suites and 50 penthouse suites, as well as an 11,000 square foot spa, fitness center, 2,400 square feet of meeting space, fine dining and more. The rooms range from studio suites to three-bedroom penthouse suites. All are outfitted with European-style kitchens featuring appointments by Wolf, Bosch and Subzero, master bath spa tubs and Stearns & Foster king bedding.
Trump International Hotel & Tower is a non-gaming, non-smoking facility, located directly across from Fashion Show Mall and adjacent to some of the city's best shopping and resort casinos.
"In partnering with Orbitz Worldwide, we're able to heighten our visibility both domestically and internationally, with a proven leader in business and leisure travel," said Jim Palank, vice president of sales and marketing, Trump International Hotel & Tower, Las Vegas. "As the Trump brand's long-awaited entry into Las Vegas, we look forward to helping to increase tourism in this market through this strategic distribution channel."
Orbitz Las Vegas Sale
Orbitz is making it a great time to get away to Las Vegas, with $50 off of qualifying 3+ night vacation packages. Travel must be booked between now and May 18, 2008, and taken by August 31, 2008. Use promotion code 50LVORBITZ.
$50 OFF PROMOTION CODE TERMS AND CONDITIONS (50LVORBITZ)
Book a qualifying Las Vegas flight + hotel vacation package between March 24, 2008, and May 18, 2008, for 3 nights for travel between March 24, 2008, and August 31, 2008, via Orbitz and instantly receive $50 off your booking through the use of the promotion code. To display qualifying vacation packages, click "I have a promotion code." and enter the promotion code, then look for vacation packages marked with the icon "COUPON." Limit one discount per hotel room and one promotion code per purchase. Discounts are not redeemable for cash for any reason. Any attempt at fraud will be prosecuted to the fullest extent of the law. Void where prohibited, taxed or restricted. Orbitz reserves the right to change or limit the promotion in its sole discretion.
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/), HotelClub (http://www.hotelclub.com/), RatesToGo (http://www.ratestogo.com/), 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 the Trump Organization
The Trump Organization encompasses global real estate development and global licensing, sales and marketing, property management, golf course development, entertainment, entertainment and product licensing, brand development as well as restaurants and event planning. Donald J. Trump is the chairman and president of The Trump Organization, a privately held company in New York. For more information, visit http://www.trump.com/.
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Orbitz Worldwide
CONTACT: Brian Hoyt of Orbitz Worldwide, +1-312-894-6890, bhoyt@orbitz.com
Web site: http://www.orbitz.com/ http://www.trump.com/
Extreme Networks Schedules Financial Results Conference Call
SANTA CLARA, Calif., April 4, 2008 /PRNewswire-FirstCall/ -- Extreme Networks, Inc. today announced that it plans to release the financial results of its 2008 fiscal third quarter ended March 30, 2008 after the close of regular market trading on Wednesday, April 23, 2008.
A conference call will follow at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). A live webcast and replay of the call will be available at http://www.extremenetworks.com/about-extreme/investor-relations.aspx. Financial information to be discussed during the conference call will be posted on the Investor Relations section of the Company's website (http://www.extremenetworks.com/).
Extreme Networks, Inc.
Extreme Networks designs, builds, and installs Ethernet infrastructure solutions that solve the toughest business communications challenges. The Company's commitment to open networking sets it apart from the alternatives by delivering meaningful insight and unprecedented control to applications and services. Extreme Networks believes openness is the best foundation for growth, freedom, flexibility, and choice. Extreme Networks focuses on enterprises and service providers who demand high performance, converged networks that support voice, video and data, over a wired and wireless infrastructure. For more information, visit: http://www.extremenetworks.com/
Extreme Networks, EPICenter and Summit are either trademarks or registered trademarks of Extreme Networks in the United States and/or other countries.
Extreme Networks, Inc.
CONTACT: Investor Relations, +1-408-579-3030, investor_relations@extremenetworks.com, or Public Relations, +1-408-579-3483, gcross@extremenetworks.com, both of Extreme Networks, Inc.
Web site: http://www.extremenetworks.com/
Tessera Acquires Intellectual Property Rights from Kronos Advanced Technologies
SAN JOSE, Calif. and BELMONT, Mass., April 3, 2008 /PRNewswire-FirstCall/ -- Tessera Technologies, Inc. , a leading provider of miniaturization technologies for the electronics industry, and Kronos Advanced Technologies, Inc. (BULLETIN BOARD: KNOS) , a leading developer of ionic- based products and technologies for air movement and purification, today announced the sale and licensing of certain intellectual property (IP) rights related to Kronos proprietary technologies to Tessera.
Kronos received $3.5 million from Tessera in exchange for the transfer of select Kronos patents covering micro-cooling applications. Kronos retains the rights to use these patents for applications outside of the field of micro- cooling. Tessera further has the right to acquire additional Kronos IP relating to micro-cooling applications, and the two companies have the option to continue to jointly develop new technologies in this field.
"The continued increase in the density of electronics has resulted in a growing demand for innovative ways to more effectively dissipate heat from electronic systems," said Daniel Dwight, president and chief executive officer of Kronos. "This agreement provides a significant validation of Kronos' technical expertise, while providing Tessera with the ability to further develop and commercialize this technology for a wide range of applications."
"Thermal management is a key area for the electronics industry, as well as a key aspect of miniaturization, and we are developing break-through thermal management solutions that target this space," said Bruce McWilliams, president, chairman and chief executive officer of Tessera. "We look forward to collaborating with Kronos to build on what we believe is the earliest and most significant IP in this space."
About Tessera Technologies, Inc.
Tessera Technologies, Inc. is a leading provider of miniaturization technologies for the electronics industry. The company provides a broad range of advanced packaging, interconnect, and consumer optics solutions which are widely adopted in high-growth markets including consumer, computing, communications, medical and defense electronics. Tessera's customers include the world's top semiconductor companies such as Intel, Samsung, Texas Instruments, Toshiba, Micron and Infineon. The company's stock is traded on the Nasdaq National Market under the symbol TSRA. Tessera is headquartered in San Jose, California. For information call 1.408.894.0700 or go to http://www.tessera.com/.
About Kronos Advanced Technologies, Inc.
Through its wholly-owned subsidiary, Kronos Air Technologies, Inc., Kronos Advanced Technologies has developed a new, proprietary air movement and purification system that utilizes state-of-the-art high voltage electronics and electrodes to silently move and clean air without any moving parts. Kronos is actively commercializing its technology for standalone and embedded products across multiple residential, commercial, and industrial markets. Kronos' technology is versatile, energy- and cost-efficient and exhibits multiple design attributes, creating a broad range of applications. Kronos' business strategy includes a combination of building internal capabilities, establishing strategic alliances and structuring licensing arrangements. Kronos Advanced Technologies is located in Belmont, MA. More information about Kronos Advanced Technologies is available at http://www.kronosati.com/.
Safe Harbor Statement
This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ significantly from those projected. Material factors that may cause results to differ from the statements made include delays, setbacks or losses relating to our intellectual property or intellectual property litigations, or any invalidation or limitation of our key patents; fluctuations in our operating results due to the timing of new license agreements and royalties, or due to legal costs; changes in patent laws, regulation or enforcement, or other factors that might affect our ability to protect our intellectual property; the risk of a decline in demand for semiconductor products; failure by the industry to adopt our technologies; competing technologies; the future expiration of our patents; the future expiration of our license agreements and the cessation of related royalty income; the failure or refusal of licensees to pay royalties; failure to achieve the growth prospects and synergies expected from acquisition transactions; and delays and challenges associated with integrating acquired companies with our existing businesses. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this release.
Tessera's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2007, include more information about factors that could affect the company's financial results.
Kronos' filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2007, include more information about factors that could affect the company's financial results.
Tessera and the Tessera logo are registered trademarks of Tessera. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.
Tessera Technologies, Inc. and Kronos Advanced Technologies, Inc.
CONTACT: Julie Seymour of Tessera Technologies, Inc., +1-408-383-3602, jseymour@tessera.com; or Daniel Dwight of Kronos Advanced Technologies, Inc., +1-617-364-5089, ddwight@kronosati.com; or Liya Sharif or Lori Scribner, +1-858-457-4888, Tessera_Team@jhg.com, both of JGH-Townsend for Tessera Technologies, Inc.
Web site: http://www.kronosati.com/ http://www.tessera.com/
VimpelCom Announces Extension of its GSM 900/1800 Licenses in 50 Russian Regions
MOSCOW, April 4, 2008 /PRNewswire-FirstCall/ -- Open Joint Stock Company "Vimpel-Communications" ("VimpelCom" or the "Company") , a leading provider of telecommunications services in Russia and the Commonwealth of Independent States ("CIS"), announced that the Company's licenses for GSM 900/1800 mobile radio telephony communications in 50 regions of the Russian Federation have been extended by issuance of new licenses. The licenses have been extended pursuant to the Federal Law On Communications and on the basis of order of the Federal Service for Supervision over Mass Communications, Telecommunication and Protection of Cultural Heritage of December 6, 2007.
New licenses govern the Company's operations in Moscow and Moscow Region, and on the territory of a number of regions of the Russian Federation in Siberia, Central, Southern and Volga federal districts and will be valid for 5 years from April 28, 2008 to April 28, 2013.
Licenses of the Company for GSM mobile radio telephony communications regulating its operations on the territory of regions in North-Western and Urals federal districts expire in the second half of 2012.
The VimpelCom Group is a telecommunications operator, providing voice and data services, covered through a range of wireless, fixed and broadband technologies. The Group includes companies operating in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia, in territories with a total population of about 250 million. VimpelCom was the first Russian company to list its shares on the New York Stock Exchange ("NYSE"). VimpelCom's ADSs are listed on the NYSE under the symbol "VIP".
For more information, please contact:
Alexander Boreyko Michael Polyviou
VimpelCom FD
Tel: 7(495) 910-5977 Tel: 1(212) 850 5600
Investor_Relations@vimpelcom.com mpolyviou@fd-us.com
Vimpel-Communications
CONTACT: Alexander Boreyko, VimpelCom, +7-495-910-5977, Investor_Relations@vimpelcom.com; Michael Polyviou, FD, +1-212-850-5600, mpolyviou@fd-us.com, for VimpelCom
AZZ incorporated Reports Results for the Fourth Quarter and Fiscal-Year 2008For the twelve months - Revenues Increase 23%, Net Income up 28%, Earnings Per Share Increased 24% and Backlog is up 12%
FORT WORTH, Texas, April 4, 2008 /PRNewswire-FirstCall/ -- AZZ incorporated , a manufacturer of electrical products and a provider of galvanizing services today announced unaudited financial results for the three and twelve-month periods ended February 29, 2008. Revenues for the fourth quarter were $76.6 million, compared to $79.6 million, a decrease of 4 percent from the comparable period last year. Net income rose 5 percent to $7.3 million, or $0.60 per diluted share, compared to net income of $7.0 million, or $0.58 per diluted share, in last year's fiscal fourth quarter. Earnings per share numbers reflect the effect of the two-for-one stock split in the form of a 100 percent share dividend declared on April 5, 2007.
Backlog at the end of the fourth quarter was $134.9 million, compared to $147.1 million at the end of the previous quarter and $120.7 million for the fourth quarter of last year. Incoming orders for the fourth quarter totaled $64.4 million while shipments for the quarter totaled $76.6 million, resulting in a book to ship ratio of 84 percent for the quarter.
For the fiscal year revenues increased 23 percent to $320.2 million, compared to $260.3 million for the prior year. Net income for the year was up 28 percent to $27.7 million, or $2.26 per diluted share, compared to $21.6 million, or $1.82 per diluted share for the comparable twelve-month period last year. Earnings per share numbers reflect the effect of the two-for-one stock split in the form of a 100 percent share dividend declared on April 5, 2007. Incoming orders for the twelve-month period were $334.4 million, while fiscal year revenues totaled $320.2 million, resulting in a book to ship ratio of 104 percent.
Revenues for the Electrical and Industrial Products Segment were $41.7 million for the fourth quarter, compared to $46.4 million in the previous year's fourth quarter, a decrease of 10 percent. Operating income for this segment decreased 2 percent to $6.8 million, compared to $6.9 million in the fourth quarter of last year. Operating income margins for the fourth quarter of 16 percent compare favorably to the 15 percent in the prior year. For the fiscal year ended February 29, 2008, revenues increased 19 percent to $179.2 million and operating income rose 37 percent to $29.1 million, which compared favorably to the $150.3 million and $21.3 million, respectively, in the prior fiscal year. Operating income margins for the fiscal year improved to 16 percent from the 14 percent in the prior fiscal year.
David H. Dingus, president and chief executive officer, commented, "The fourth quarter results for this segment were as anticipated based upon our quotation and customer shipments request and as included in our fiscal year guidance issued at the end of the third quarter. Quotations activity and project opportunities continue at a robust pace, however, the timing of release of these orders, particularly large international orders has been slower than desired and has had an adverse impact on our backlog. Similar to the quarterly variances we have seen over the past two years, we again believe it is a timing issue rather than a market correction. We remain optimistic that we will see backlog recovery in the first six month of our new fiscal year. The execution of our backlog continued to strengthen and operating margin for the fiscal year finished 2 percent points ahead of last year. Our challenge is to continue to succeed in our efforts to expand our served markets and product offerings, while maintaining our strong operating performance and management of volatile raw material pricing."
Revenues for the Company's Galvanizing Service Segment were $34.9 million for the fourth quarter, compared to $33.2 million in the previous year's comparable quarter, an increase of 5 percent. Operating income was up 7 percent to $8.9 million in the fourth quarter as compared to $8.3 million in the same quarter last year. Operating income margins for the fourth quarter were 26 percent versus 25 percent in same period last year. For the fiscal year, revenues increased 28 percent to $141.0 million, and operating income rose 10 percent to $35.1 million compared to $110.1 million and $31.9 million, respectively, for the prior fiscal year. Operating margins were 25 percent for the fiscal year compared to 29 percent in the prior fiscal year.
Mr. Dingus continued, "Strong market demand for galvanizing services continued and tons processed increased 18 percent for the fiscal year. Pricing levels for the fourth quarter were approximately the same as in the third quarter and margins for the fourth quarter were a robust 26 percent. Business demand remains strong across our markets. The effective execution of our business strategies, capitalizing on our market opportunities, and meeting or exceeding our margin projections has very positively contributed to our Fiscal 2008 success and we anticipate that we will be able to continue this in the new fiscal year."
On April 1, 2008, the company announced the signing of an asset purchase agreement with AAA Industries, Inc., a privately held company, to acquire substantially all of the assets related to AAA's galvanizing operations. We are pleased that we have been able to complete this acquisition and believe that it will continue to strengthen our national market leadership position and make a positive financial contribution in our first year of ownership. This strategic acquisition enhances the company's growth and expansion opportunities and compliments the Witt acquisition which was completed in November 2006. Annualized revenues for AAA Galvanizing are expected to exceed $50 million and should be accretive to earnings per share in the first year of operation.
In conjunction with the acquisition, the Company also completed a Private Placement of 10 Year 6.24 percent unsecured Senior Notes in the amount of $100 million on March 31, 2008, the details of which have been provided in the company's SEC filing. The purchase price of AAA Galvanizing of approximately $85 million was funded from this financial source. As of February 29, 2008 the company had no outstanding funded indebtedness under its revolving line of credit.
Mr. Dingus concluded, "On January 18, 2008, the company issued projections for Fiscal 2009 that revenues would be in the range of $320 to $330 million and that fully diluted earnings per share would be in the range of $2.20 to $2.30. Based upon the evaluation of information currently available to management, prior to the inclusion of the recent acquisition of AAA Galvanizing, our projections remain unchanged. Accounting for the favorable eleven month impact of this acquisition, we are pleased to project that our revenues for Fiscal 2009 will be within the record setting range of $365 million to $380 million and that fully diluted earnings per share will be within the record setting range of $2.28 to $2.42. We continue to build upon the success we have been able to achieve, and continually strive to enhance the performance of the Company. Our estimates assume that we will not have any significant delays in the delivery or timing in the receipt of orders of our electrical and industrial products, and that the cost of zinc will not significantly change from the current levels of $1.00 to $1.10 during the fiscal year."
AZZ incorporated will conduct a conference call to discuss financial results for the fourth quarter and fiscal 2008, the recent acquisition of AAA Galvanizing and the outlook for fiscal year 2009 at 11:00 A.M. Eastern on Friday April 4, 2008. Interested parties can access the call at (877) 356-5706 or (706) 643-0580 (international). The call will be web cast via the Internet at http://www.azz.com/AZZinvest.htm. A replay of the call will be available for three days at (800) 642-1687, or (706) 645-9291 (international) confirmation #40926295, or for 30 days at http://www.azz.com/AZZinvest.htm.
AZZ incorporated is a specialty electrical equipment manufacturer serving the global markets of industrial, power generation, transmission and distribution, as well as a leading provider of hot dip galvanizing services to the steel fabrication market nationwide.
Except for the statements of historical fact, this release may contain forward-looking statements that involve risks and uncertainties some of which are detailed from time to time in documents filed by the Company with the SEC. Those risks and uncertainties include, but are not limited to: changes in customer demand and response to products and services offered by the company, including demand by the electrical power generation markets, electrical transmission and distribution markets, the industrial markets, and the hot dip galvanizing markets; prices and raw material costs, including zinc and natural gas which are used in the hot dip galvanizing process; changes in the economic conditions of the various markets the Company serves, foreign and domestic, customer requested delays of shipments, acquisition opportunities, adequacy of financing, and availability of experienced management employees to implement the Company's growth strategy. The Company can give no assurance that such forward-looking statements will prove to be correct. We undertake no obligation to affirm, publicly update or revise any forward-looking statements, whether as a result of information, future events or otherwise.
AZZ incorporated
Condensed Consolidated Statement of Income
(in thousands except per share amounts)
Three Months Ended Twelve Months Ended
February 29, February 28, February 29, February 28,
2008 2007 2008 2007
(unaudited) (unaudited) (unaudited) (unaudited)
Net sales $76,617 $79,647 $320,193 $260,344
Costs and Expenses:
Cost of Sales 56,708 60,606 239,651 193,411
Selling, General
and Administrative 8,444 7,409 36,261 31,949
Interest Expense 233 487 1,495 1,495
Net (Gain) Loss on
Sales or Insurance
Settlement of
Property, Plant
and Equipment 84 90 32 (586)
Other (Income) (305) (151) (1,079) (525)
Other Expense
$65,165 $68,441 $276,360 $225,744
Income before income
taxes and accounting
change $11,452 $11,206 $43,833 $34,600
Income Tax Expense 4,124 4,252 16,145 12,910
Income Before
Cumulative Effect of
Changes in Accounting
Principles 7,328 6,954 27,688 21,690
Cumulative Effect of
Changes in Accounting
Principles (Net of Tax) - - - 85
Net income $7,328 $6,954 $27,688 $21,605
Net income per share
Basic $.60 $.60 $2.30 $1.86
Diluted $.60 $.58 $2.26 $1.82
Diluted Average
Shares Outstanding 12,313 11,980 12,227 11,839
Segment Reporting
(in thousands)
Three Months Ended Twelve Months Ended
February 29, February 28, February 29, February 28,
2008 2007 2008 2007
(unaudited) (unaudited) (unaudited) (unaudited)
Net Sales:
Electrical and
Industrial
Products $41,703 $46,425 $179,181 $150,250
Galvanizing
Services 34,914 33,222 141,012 110,094
$76,617 $79,647 $320,193 $260,344
Segment Operating
Income (a):
Electrical and
Industrial
Products $6,840 $6,946 $29,158 $21,301
Galvanizing
Services 8,909 8,295 35,087 31,945
Total Segment
Operating
Income $15,749 $15,241 $64,245 $53,246
Condensed Consolidated Balance Sheet
(in thousands)
February 29, 2008 February 28, 2007
(unaudited) (unaudited)
Assets:
Current assets $102,995 $111,968
Net property, plant and equipment 48,285 $46,628
Other assets, net 42,039 $42,312
Total assets $193,319 $200,908
Liabilities and shareholders' equity:
Current liabilities $42,696 $49,715
Long term debt due after one year - $35,200
Other liabilities 4,467 $4,845
Shareholders' equity $146,156 $111,148
Total liabilities and
shareholders' equity $193,319 $200,908
Condensed Consolidated Statement of Cash Flows
(in thousands)
Twelve Months Ended
February 29, 2008 February 28, 2007
(unaudited) (unaudited)
Net cash provided by (used
in) operating activities $38,926 $6,927
Net cash provided by (used
in) investing activities ($ 9,706) ($23,335)
Net cash provided by (used
in) financing activities ($28,696) $16,852
Net increase (decrease) in
cash and cash equivalents $524 $444
Cash and cash equivalents at
beginning of period $1,703 $1,259
Cash and cash equivalents at
end of period $2,227 $1,703
Contact: Dana Perry, Senior Vice President -- Finance and CFO
AZZ incorporated 817-810-0095
Internet: http://www.azz.com/
Lytham Partners 602-889-9700
Joe Dorame or Robert Blum
Internet: http://www.lythampartners.com/
AZZ incorporated
CONTACT: Dana Perry, Senior Vice President - Finance and CFO of AZZ incorporated, +1-817-810-0095; or Joe Dorame, or Robert Blum, both of Lytham Partners, +1-602-889-9700, for AZZ incorporated
Web site: http://www.azz.com/ http://www.lythampartners.com/
Un opérateur du Moyen-Orient utilise la solution OSS dynamique Comptel pour la conservation des données
HELSINKI, Finlande, April 4 /PRNewswire/ --
- La Solution Comptel vous aide pour la mise en conformité aux exigences
nationales sur la conservation de données sur les communications vocales et
autres services.
L'entreprise Comptel (OMX Helsinki: CTL1V), le vendeur de logiciels
dynamiques Operations Support System (OSS) leader de son secteur, a annoncé
aujourd'hui que la Solution Comptel de conservation des données a été
déployée par un opérateur de télécommunications au Moyen-Orient.
L'opérateur utilise la solution pour rassembler et conserver des données
relatives aux communications vocales et à l'utilisation d'autres services.
Ces données peuvent alors être utilisées par les autorités pour combattre le
crime organisé, y compris le terrorisme.
De nombreux pays dans le monde entier édictent une loi qui autorise la
conservation des données relatives à l'utilisation des services de
télécommunications. Par exemple, la directive sur la conservation des données
aux Etats-Unis est entrée en vigueur l'automne dernier. Ces lois sur la
conservation des données peuvent être très problématiques et coûteuses à
mettre en place d'un point de vue de l'opérateur, entre autres à cause de la
grande quantité de sources de données, et des énormes volumes que cela
engendre.
La Solution Comptel de conservation des données est une solution clé en
main qui comprend le logiciel Comptel pré-installé sur le matériel des
machines Sun Microsystems. Le logiciel de traitement de données de Comptel
éprouvé sur le terrain et leader de son secteur est utilisé pour rassembler
et traiter les données de appels à partir de divers réseaux. Le rassemblement
et le processus de traitement sont gérés par le logiciel de médiation de
facturation breveté de Comptel. Les données sont ensuite comprimées et
stockées dans une base de données pour un accès rapide et facile à la
demande. Le logiciel de Comptel a des caractéristiques prêtes à l'emploi
couvrant le traitement de données, l'usage de création de rapports et d'audit
de transfert intercellulaire, un stockage à bas coûts et d'autres exigences
en termes juridiques pour une solution de conservation des données.
La Solution Comptel de conservation des données a été lancée l'an dernier
et cette licence sur la vente a été conclue pendant le dernier trimestre de
l'année.
A propos de l'entreprise Comptel
Comptel commercialise des solutions OSS dynamiques Comptel, permettant
aux fournisseurs de service en télécommunications de fournir des services de
manière flexible et de les facturer efficacement. L'expertise de Comptel en
matière d'inventaire, de dimensionnement et d'activation, de médiation et de
facturation amène les fournisseurs de service à se concentrer sur la
fourniture de services innovants. Créée en 1986, Comptel emploie 550
personnes dans le monde entier. Les ventes nettes ont atteint 82,4 million
d'euros en 2007. Comptel a proposé des solutions à 260 clients ayant 500
millions d'abonnés dans 85 pays.
http://www.comptel.com
Comptel Corporation
Olivier Suard, olivier.suard@comptel.com, +44-20-78874513
i-flex solutions Limited to Change Its Name to Oracle Financial Services LimitedAlignment with Oracle brand reflects synergies of scale, resources, expertise and efficiency
MUMBAI, India, April 4, 2008 /PRNewswire-FirstCall/ -- The Board of Directors of i-flex solutions Ltd. (Reuters: IFLX.BO & IFLX.NS) at its meeting held today in Mumbai, approved a proposal to change the name of i-flex solutions Ltd. to Oracle Financial Services Limited, subject to regulatory and shareholder approvals.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO)
The proposed new name reflects the company's close strategic and operational alignment with its parent, Oracle Corporation, which owns 81 percent of the company. Oracle is the #1 enterprise software provider and counts 10 of the top 10 banks, insurance companies and securities firms among its more than 8,500 financial services customers across 145 countries.
The new "Oracle Financial Services" brand represents:
-- The industry's most comprehensive range of packaged software and
services solutions for financial services across banking, capital
markets, and insurance-all from Oracle
-- Deep domain expertise in the financial services industry coupled with
world-class software development and support experience
-- A unique combination of integrated and best-of-breed business solutions
for the industry
-- A business process-oriented approach that aligns IT initiatives with
business requirements and enables an evolutionary transformation of IT
infrastructure
-- A strong commitment to open systems and industry standards, helping to
ensure interoperability
-- A partner-oriented approach that enables partners to deliver increased
value around the solutions offered by Oracle Financial Services
The new branding strategy demonstrates the synergies of scale, resources, expertise and efficiency across the two organizations. The current management team under N.R.K. Raman, CEO and Managing Director, will continue to run the operations of the company.
"The new branding reflects the importance that Oracle attaches to the financial services sector," said Charles Phillips, Oracle President and Director of i-flex solutions Ltd. "Oracle Financial Services Limited will be a focal point for Oracle's investment in innovation and leadership in financial services, and we are delighted to put the power and credibility of the Oracle brand behind this strategic initiative."
"Our new corporate identity represents a unique combination of the industry-leading solutions portfolio and deep domain expertise of i-flex and the global capability, credibility, scale and technology leadership embodied by the Oracle brand, coming together to deliver comprehensive solutions to financial institutions around the world," said Rajesh Hukku, Chairman, i-flex solutions Ltd., and General Manager, Oracle Financial Services Global Business Unit.
N.R.K Raman, CEO & Managing Director, i-flex solutions Ltd., also commented, "The new identity will enable us to better leverage the global reach, infrastructure and brand visibility of Oracle to accelerate our growth. This is an important enabler of our mission to help financial institutions around the world excel through the effective use of information technology."
About i-flex solutions
i-flex(R) solutions (Reuters: IFLX.BO and IFLX.NS), majority owned by Oracle, is a world leader in providing IT solutions to the financial services industry, with more than 790 customers in over 130 countries. Its range of applications software, custom solutions and consulting services enable financial institutions to cut costs, respond rapidly to market needs, enhance customer service levels and mitigate risk.
About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, please 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.
Photo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Oracle
CONTACT: Peter Yorke of i-flex solutions, +91-80220-87560, peter.yorke@iflexsolutions.com; or Kevin Ruane of Oracle, +1-650-506-6610, kevin.ruane@oracle.com
Web site: http://www.oracle.com/
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