Companies news of 2008-04-22 (page 3)
Herley Awarded $1 Million in Awards for Integrated Microwave Assemblies for U.S. Military...
Raytheon Awarded Planning Contract for European Mid-course Radar Program
Worldstock Returns $30 Million to ArtisansTicker Added to Web Site
CIC and Forrester Research to Host Webinar: Electronic Signatures in Banking'Enabling the...
Microsoft Releases Latest Microsoft Security Intelligence Report
Microsoft présente son tout dernier rapport sur les données de sécurité de Microsoft
Honeywell Helps Butler University Reach Students and Faculty in an EmergencyInstant Alert...
TigerLogic Adds Jeffrey L. Wong to Executive TeamSilicon Valley Marketing Executive Brings...
TI introduces high-performance 16-bit, 800 MSPS dual-channel digital-to-analog converter...
Global Med Technologies(R), Inc. to Present at Inaugural LD MICRO Conference at the Omni...
Microsoft Highlights Innovation in Second Round of Ingenuity Point WinnersIndependent...
Aida Pharmaceuticals, Inc. Announces Availability of Downloadable Corporate Synopsis on...
Scientific Games Awarded 4-Year Paragon Casino Race Book Contract
Futuremedia Learning Strengthens Team
Vimeo Receives a 2008 'Webware 100' Award for Video
Medialink Chief Technology Officer Donald M. Michels Named Streaming Media Magazine...
Conolog Announces Orders of $367,000 for the Month of March 2008
WEGENER(R) Receives Additional Order from Jones Radio Networks(R) for Network...
Nordson Agreement with Sensory Analytics Aims to Reduce Costs and Improve Quality for...
SPX Service Solutions Selected to Manage Vehicle Owner Guides for Ford Motor Company in...
CACI Announces the Release of 'Our Good Name'The Book That Sets the Record Straight and...
SI International Awarded Enterprise Program Management II Contracts
Phoenix Technologies Ltd. Reports Second Quarter FY2008 Financial ResultsRevenues Increase...
AsiaInfo Signs Contract to Upgrade China Mobile's Nationwide WLAN Authentication and...
Interwoven Showcases at GearUp 2008 New Capabilities to Help Organizations Maximize Online...
Interwoven Delivers Increased Flexibility and Enhanced Compatibility for Mobile...
Finnegan Transforms Information Accessibility with Interwoven Universal SearchInterwoven...
bioMETRX, Inc. Initiates Integration of Personnel and Assets of Sequiam Corp.Biometric...
Trina Solar's Key Suppliers Sign Investment Agreements with Changzhou National High Tech...
CCID Consulting Analyzes Alibaba from Platform to SP
Herley Awarded $1 Million in Awards for Integrated Microwave Assemblies for U.S. Military Aircraft
LANCASTER, Pa., April 22 /PRNewswire-FirstCall/ -- Herley Industries, Inc. announced today that its Herley Lancaster division has received contract awards totaling approximately $1 million from a major U.S. defense contractor for the manufacture of complex Integrated Microwave Assemblies (IMA) for U.S. Air Force jet fighters.
Myron Levy, Herley's Chairman and CEO, commented, "Herley has provided electronic hardware to support U. S. Air Force military aircraft for many. We are very pleased to continue that support through follow-on awards such as these."
Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Lancaster, PA, Herley has eight manufacturing locations and approximately 965 employees. Additional information about the company can be found on the Internet at http://www.herley.com/
For information at Herley contact: Tel: (717) 735-8117
Peg Guzzetti http://www.herley.com/
Investor Relations
Safe Harbor Statement - Except for the historical information contained herein, this release may contain forward-looking statements. Such statements are inherently subject to risks and uncertainties. When used in this report, words such as "anticipated," "believes," "could," "estimates," "expects," "may," "plans," "potential" and "intends" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the belief of the Company's management, as well as assumptions made by and information currently available to the Company's management. The Company's results could differ materially based on various factors, including, but not limited to, cancellation or deferral of customer orders, difficulties in the timely development of new products, difficulties in manufacturing, increased competitive pressures, the effects of the indictment of the Company and general economic conditions. The Company undertakes no obligation to update forward-looking statements as a result of future events or developments.
Herley Industries, Inc.
CONTACT: Peg Guzzetti, Investor Relations of Herley Industries, Inc., +1-717-735-8117
Web site: http://www.herley.com/
Raytheon Awarded Planning Contract for European Mid-course Radar Program
TEWKSBURY, Mass., April 22, 2008 /PRNewswire/ -- Raytheon Company has been awarded a $5 million U. S. Missile Defense Agency contract to begin initial planning and requirements definition for the European Mid-course Radar program proposed for the Czech Republic.
Subject to successful completion of negotiations with the Czech Republic and ratification, this program includes the assembly and installation of an existing X-band radar located in the Republic of the Marshall Islands. The radar will be moved to a newly prepared site southwest of Prague. The relocation is part of the United States' initiative to extend missile defense capability to include the protection of Europe and deployed U.S. and allied forces from potential long-range ballistic missile threats.
"Raytheon is pleased to offer this capability," said Pete Franklin, vice president, National & Theater Security Programs for Raytheon Integrated Air Defense Systems. "This radar's extraordinary discrimination capability and interoperability will provide the United States and its NATO partners significant confidence and flexibility in response to these threats."
Additionally, Raytheon intends to maximize Czech industry participation in the development and construction of the site and facilities. The total potential value of this contract is $400 million through 2013.
Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
Note to Editors:
This contract award was originally announced by the Department of Defense April 15, 2008
Contact:
Maureen Heard
339.645.6664
Raytheon Company
CONTACT: Maureen Heard of Raytheon Company, +1-339-645-6664
Web site: http://www.raytheon.com/
Worldstock Returns $30 Million to ArtisansTicker Added to Web Site
SALT LAKE CITY, April 22 /PRNewswire-FirstCall/ -- Worldstock, the division of Overstock.com, Inc. that sells handmade jewelry, apparel and household wares made by artisans from various nations, confirmed today that it crossed the $30 million mark in payments made to artisans and the groups that represent them. Worldstock has sold more than $46 million in merchandise since its debut in September 2001.
Worldstock distinguishes itself from its competitors because it returns on average more than 60% of the sales price to its suppliers, typically impoverished or handicapped artisans, co-ops of such artisans, or groups working with such artisans. Worldstock posts background stories about the artisans next to many of the items it offers for sale, and its merchandise is always handmade. The artisans' workshops are typical small, rarely employing more than 20 people. Worldstock currently features merchandise from Bali, China, Colombia, Ghana, Guatemala, India, Indonesia, Israel, Mexico, Morocco, Nepal, Pakistan, Peru, Tibet, Thailand, Tunisia, United States, and Vietnam.
"Many artisans create attractive merchandise, but lack capital to advertise or set up supply chains into the United States. Overstock.com allows these artists to take advantage of the system that we have already built," said Overstock.com CEO Patrick Byrne. "Our goal is to return as much money as possible directly to the artisans."
"The artisans generally can receive significantly more for their work by selling to us, and invest that extra income back into their businesses, without having to sacrifice the quality of their merchandise," added Worldstock Director Angela Ramirez.
A ticker has been placed on the Overstock.com website to allow consumers to track future progress. To find the ticker, go to http://www.overstock.com/Worldstock/6/store.html. The ticker will be updated weekly.
Interviews with artisans are welcomed. To schedule one, please contact Kirstie Burden at (801) 947-3116.
About Overstock.com
Overstock.com, Inc. is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com/.
Overstock.com(R) is a registered trademark of Overstock.com, Inc.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, statements regarding size of artisan workshops, countries supplying products for sale on Worldstock, and the artisans' use of proceeds. Our Form 10-K for the year ended December 31, 2007, our subsequent quarterly reports on Form 10-Q, or any amendments thereto, and our other subsequent filings with the Securities and Exchange Commission identify important factors that could cause our actual results to differ materially from those contained in our projections, estimates or forward-looking statements.
Overstock.com, Inc.
CONTACT: Media, Kirstie Burden, +1-801-947-3116, kburden@overstock.com, or Investors, Kevin Moon, +1-801-947-3282, kmoon@overstock.com, both of Overstock.com, Inc.
Web site: http://www.overstock.com/
CIC and Forrester Research to Host Webinar: Electronic Signatures in Banking'Enabling the Paperless Bank'
REDWOOD SHORES, Calif., April 22 /PRNewswire-FirstCall/ -- Communication Intelligence Corporation (BULLETIN BOARD: CICI) ("CIC"), a leading supplier of electronic signature solutions for business process automation in the financial industry and the recognized leader in biometric signature verification will join Forrester Research, Inc, an independent technology and market research company that provides pragmatic and forward- thinking advice to global leaders in business and technology, in hosting a live webinar entitled "Enabling the Paperless Bank" on May 15, 2008 at 1:00 pm EST.
US banks and lenders are challenged with the need to increase revenue while improving the effectiveness and efficiency of their processes in the face of increased regulatory and compliance demands exacerbated by the recent sub prime and credit crises. Electronic signature solutions enhance the customer experience, whether it is face to face, through a call center or via the Web, and significantly reduce the time required for account openings and applications creating more time available for up-cross selling while delivering significant reductions in the life cycle cost of managing mission critical documents and providing immediate access to electronic content thereby significantly reducing back office costs.
The May 15 webinar will feature Ellen Carney, industry-leading Senior Analyst, Forrester Research, author of upcoming research entitled "Industry Essentials: US Retail Banking" and Russ Davis, CIC's Chief Technology Officer.
Targeted to banks and lenders seeking expert advice on market drivers, and deployments and benefits of electronic signature solutions, this webinar will outline the findings of this report and provide attendees with valuable insight into:
Focused Adoption -- Top applications for eSignatures that help banks surmount competitive pressures, tightening credit markets, and portfolio instability
Going for Great -- Taking wallet share to the next level
Bridging Silos -- Understanding your requirements and solution options
Compressing the Business Cycle -- Closing business in a fraction of the time
Compliance -- Standards and regulations in the banking industry
Green Strategy -- Get a practical perspective on how this technology can support emerging solutions and green initiatives that promote environmentally responsible practices
To enroll for the event please Register Here.
About CIC
Communication Intelligence Corporation ("CIC") is a leading supplier of electronic signature solutions for business process automation in the Financial Industry and the recognized leader in biometric signature verification. CIC's products enable companies to achieve truly paperless work flow in their eBusiness processes by enabling them with "The Power to Sign Online(R)" with multiple signature technologies across virtually all applications. Industry leaders such as AIG, Charles Schwab, Prudential, Nationwide (UK), Snap-on Credit and Wells Fargo chose CIC's products to meet their needs. CIC sells directly to enterprises and through system integrators, channel partners and OEMs. CIC is headquartered in Redwood Shores, California and has a joint venture, CICC, in Nanjing, China. For more information, please visit our website at http://www.cic.com/
Forward Looking Statement
Certain statements contained in this press release, including without limitation, statements containing the words "believes", "anticipates", "hopes", "intends", "expects", and other words of similar import, constitute "forward looking" statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of products containing the Company's technology; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect the Company's business; (3) the Company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.
CIC, its logo and the Power to Sign Online are registered trademarks. All other trademarks and registered trademarks are the property of their respective holders.
Contact Information
CIC
Investor Relations Inquiries:
Chantal Eshghipour
650-802-7740
investorrelations@cic.com
CIC
CONTACT: Investor Relations, Chantal Eshghipour of CIC, +1-650-802-7740, investorrelations@cic.com
Web site: http://www.cic.com/
Microsoft Releases Latest Microsoft Security Intelligence Report
LONDON, April 22 /PRNewswire/ --
- Company finds use of malicious software increasingly motivated by
financial gain.
Microsoft Corp today released the fourth volume of its Microsoft Security
Intelligence Report (SIR) at Infosecurity Europe 2008. The report focuses on
the second half of 2007 and uses data derived from a range of tools running
on approximately 450 million computers worldwide to provide an in-depth,
global view of software vulnerabilities, software exploits, malicious
software and potentially unwanted software.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
The latest SIR shows the fewest number of security vulnerability
disclosures across the software industry since the second half of 2005, along
with a rise in malicious and potentially unwanted software, which
demonstrates a continued use of malware as a tool for targeting computer
users for profit.
More specifically, the second half of 2007 showed a decline in new
security vulnerability disclosures by 15 per cent and a decrease in total
vulnerability disclosures by 5 per cent for all of 2007. Vulnerabilities are
weaknesses in software that allow an attacker to compromise the integrity,
availability or confidentiality of that software. The data also reveals a 300
per cent increase in the number of trojan downloaders and droppers --
malicious code used to install files on users' systems -- illustrating that
the malware category continues to grow in popularity among attackers.
The report also shows a 66.7 per cent increase in the number of
potentially unwanted software detections -- programs that may impact user
privacy or security by performing actions the person may not want -- between
1 July and 31 Dec, with a total of 129.5 million pieces of potentially
unwanted software found on users' systems.
"The SIR provides us with a chance to share with our customers and
industry partners what we're seeing in the threat landscape so we can all
help ensure users are better protected and work toward a more trusted
internet," said Vinny Gullotto, general manager of the Microsoft Malware
Protection Center. "This latest volume supports our position that today's
threats continue to be motivated by monetary gain, and it also gives us a
solid view of vulnerability and exploit trends."
The purpose of the SIR is to keep customers informed of the major trends
in the threat landscape and provide valuable insights and security guidance
designed to help customers make better, more informed decisions with regard
to products, technologies and resources. The latest report builds on
previously gathered data, but also includes new sections focused on issues of
security breach notifications, spam and phishing, internet safety
enforcement, and the storm worm -- a highly visible, continually updating and
adapting trojan dropper.
Based on these and other key findings from the report, Microsoft
recommends all interested parties use the data, insights and guidance
contained in the report to better assess and improve their own security
practices. Active steps Microsoft recommends include the following:
-- Check for and apply software updates on an ongoing basis, including
updates provided for third-party applications.
-- Enable a firewall.
-- Install and maintain up-to-date anti-virus and anti-spyware programs
that provide increased protection from malicious and potentially
unwanted software.
A copy of Microsoft's newest Security Intelligence Report and other
related information can be found at http://www.microsoft.com/sir.
About Microsoft
Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in
software, services and solutions that help people and businesses realise
their full potential.
About Microsoft EMEA (Europe, Middle East and Africa)
Microsoft has operated in EMEA since 1982. In the region Microsoft
employs more than 16,000 people in over 64 subsidiaries, delivering products
and services in more than 139 countries and territories.
This material is for informational purposes only. Microsoft Corp
disclaims all warranties and conditions with regard to use of the material
for other purposes. Microsoft Corp shall not, at any time, be liable for any
special, direct, indirect or consequential damages, whether in an action of
contract, negligence or other action arising out of or in connection with the
use or performance of the material. Nothing herein should be construed as
constituting any kind of warranty.
Web site: http://www.microsoft.com
Microsoft Corp
Rickard Andersson, +44-20-7632-3800, randersson@waggeneredstrom.com, or EMEA Response Centre, emearesponse@waggeneredstrom.com, both for Microsoft Corp /NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft in EMEA, please visit http://www.microsoft.com/emea or the EMEA Press Centre at http://www.microsoft.com/emea/presscentre. Web links, telephone numbers and titles were correct at the time of publication, but may since have changed. For additional assistance, journalists and analysts may contact the appropriate contacts listed at http://www.microsoft.com/emea/presscentre/contactus.mspx. If you are interested in viewing additional information on Microsoft Corp, please visit the Microsoft web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages. /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
Microsoft présente son tout dernier rapport sur les données de sécurité de Microsoft
LONDRES, April 22 /PRNewswire/ --
- La société souligne que l'utilisation de programmes malveillants est de
plus en plus motivée par le gain financier.
Microsoft Corp a publié aujourd'hui le quatrième volume de son Rapport
sur les données de sécurité (Microsoft Security Intelligence Report (SIR)) à
l'occasion d'Infosecurity Europe 2008. Le rapport se concentre sur le
deuxième semestre de l'année 2007 et, en se fondant sur les données fournies
par un éventail d'outils installés sur environ 450 millions d'ordinateurs
dans le monde entier, permet d'apporter une perspective globale approfondie
sur les vulnérabilités et exploitations de logiciels ainsi que sur les
logiciels malveillants et potentiellement indésirables.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
Le tout dernier SIR révèle le plus faible nombre d'apparitions de
vulnérabilités en matière de sécurité dans l'ensemble de l'industrie du
logiciel depuis le deuxième semestre 2005, mais aussi une hausse du nombre de
logiciels malveillants ou potentiellement indésirables, ce qui démontre que
l'utilisation de logiciels malveillants ciblant les utilisateurs
d'ordinateurs à des fins lucratives continue.
Pour être plus précis, au cours du deuxième semestre de 2007, le nombre
de nouvelles apparitions de vulnérabilités en matière de sécurité a connu une
baisse de 15 pour cent, tandis que la diminution des apparitions de
vulnérabilités totales pour toute l'année 2007 est de l'ordre de 5 pour cent.
Les vulnérabilités sont des faiblesses au sein d'un programme qui permettent
à un attaquant d'en compromettre l'intégrité, la disponibilité ou la
confidentialité. Les données recueillies révèlent également une augmentation
de 300 pour cent du nombre de téléchargeurs et installeurs de chevaux de
Troie -- des codes malveillants utilisés pour installer des fichiers sur les
systèmes de certains utilisateurs -- ce qui illustre bien le fait que la
popularité de la catégorie des logiciels malveillants continue d'augmenter
parmi les attaquants.
Le rapport révèle également une augmentation de 66,7 pour cent du nombre
de détections de programmes potentiellement indésirables -- des programmes
pouvant affecter la sécurité ou bien le droit au domaine privé de
l'utilisateur en exécutant des actions dont l'utilisateur pourrait ne pas
vouloir -- entre le 1er juillet et le 31 décembre, avec un total de 129,5
millions d'éléments de programmes potentiellement indésirables détectés sur
les systèmes des utilisateurs.
<< Le SIR nous donne l'occasion de partager avec nos clients et nos
partenaires de l'industrie les dernières tendances en termes de menace
informatique, ceci afin de tous pouvoir faire en sorte que les utilisateurs
soient mieux protégés et d'oeuvrer pour créer un univers Internet dans lequel
nous puissions avoir davantage confiance >>, a déclaré Vinny Gullotto,
directeur du Centre de protection Microsoft contre les logiciels
malveillants. << Ce dernier volume en date soutient notre opinion selon
laquelle les menaces informatiques d'aujourd'hui continuent d'être motivées
par le gain financier, et il nous fournit également une perspective solide
sur les tendances en matière de vulnérabilité et d'exploitation. >>
Le but du SIR est de maintenir les clients informés des grandes tendances
observées dans le domaine de la menace informatique et de fournir des
informations précieuses ainsi que des conseils en matière de sécurité
destinés à aider les clients à prendre des décisions mieux fondées et plus
adéquates, que cela soit au niveau des produits, des technologies ou des
ressources. Le tout dernier rapport s'appuie sur des données recueillies
précédemment, mais inclut également de nouvelles sections portant plus
particulièrement sur les questions de notifications de brèche de sécurité,
spam et phishing (hameçonnage) et mise en application de la sécurité sur
Internet, ainsi que sur le << storm worm >> -- un ver installeur de cheval de
Troie extrêmement visible, se mettant à jour et s'adaptant en permanence.
En se basant sur ces conclusions principales du rapport ainsi que sur
plusieurs autres, Microsoft recommande que toutes les parties intéressées
utilisent les données, les informations et les conseils contenus dans le
rapport afin de mieux évaluer et ainsi améliorer leurs propres pratiques en
matière de sécurité. Parmi les mesures actives à prendre, Microsoft
recommande les suivantes :
-- Vérifier régulièrement si des mises à jour de programmes sont
disponibles et, le cas échéant, les installer, y compris les mises à
jour fournies pour les applications tierces.
-- Utiliser un pare-feu.
-- Installer et mettre régulièrement à jour des programmes anti-virus et
anti-logiciel espion offrant une meilleure protection contre les
programmes malveillants et potentiellement indésirables.
Une copie du Rapport Microsoft sur les données de sécurité ainsi que des
informations complémentaires sont disponibles sur le site suivant :
http://www.microsoft.com/sir.
À propos de Microsoft
Fondé en 1975, Microsoft (Nasdaq : MSFT) est le leader mondial en matière
de logiciels, services et solutions informatiques aidant les particuliers
ainsi que les entreprises à réaliser pleinement leur potentiel.
À propos de Microsoft EMEA (Europe, Moyen-Orient et Afrique)
Microsoft est présent dans la zone EMEA depuis 1982. Microsoft y compte
plus de 16 000 employés répartis dans plus de 64 filiales fournissant ainsi
ses produits et services dans plus de 139 pays et territoires.
Le présent document est fourni exclusivement à titre indicatif. Microsoft
Corp décline toutes les garanties et les conditions afférentes à
l'utilisation du présent document pour toute autre fin. Microsoft Corp ne
saurait, à aucun moment, être tenu responsable des dommages particuliers,
directs, indirects ou consécutifs ayant été occasionnés au cours d'une action
contractuelle, d'une négligence ou de toute autre action, découlant de
l'utilisation ou de la performance du document. Aucun des propos contenus
dans le présent communiqué ne peut être interprété comme une forme quelconque
de garantie.
Site web: http://www.microsoft.com
Microsoft Corp
Rickard Andersson, +44-20-7632-3800, randersson@waggeneredstrom.com, ou Centre de réponse de EMEA, emearesponse@waggeneredstrom.com, tous deux pour Microsoft Corp / NOTE AUX RÉDACTEURS : Si vous souhaitez obtenir de plus amples renseignements sur Microsoft dans la région EMEA, veuillez consulter http://www.microsoft.com/emea ou le Centre de presse EMEA : http://www.microsoft.com/emea/presscentre. Les liens Internet, numéros de téléphone et titres étaient corrects au moment de la publication, mais sont susceptibles d'avoir changé depuis. Pour obtenir une assistance supplémentaire, les journalistes et analystes peuvent contacter les personnes appropriées figurant sur la liste du site http://www.microsoft.com/emea/presscentre/contactus.mspx. Si vous souhaitez obtenir davantage de renseignements sur Microsoft Corp, veuillez consulter la page Web de Microsoft : http://www.microsoft.com/presspass sur les pages d'informations d'entreprise de Microsoft. /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, Archive AP : http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
Honeywell Helps Butler University Reach Students and Faculty in an EmergencyInstant Alert Plus Notification Service Allows Administrators to Quickly Send Messages by Phone, Text or E-mail
MINNEAPOLIS, April 22 /PRNewswire-FirstCall/ -- Honeywell today announced that Butler University in Indianapolis has selected the Instant Alert(R) Plus notification service to quickly provide details and direction to students, faculty and staff during emergencies.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071030/AQTU029LOGO)
The service allows administrators to broadcast voice or text messages to any communication device -- phone, cell phone, e-mail, pager or PDA -- which will help the university connect with people on and off the 290-acre campus, and improve response times for emergency personnel. It will augment other efforts like sending e-mails and voicemails, posting messages on the university Web site and providing information through the local media.
"With Instant Alert Plus, students, faculty and staff will immediately receive reliable, accurate information -- wherever they are," said Courtney Tuell, director of public relations at Butler University, which has more than 4,400 undergraduate and graduate students. "Following the tragedy at Virginia Tech, and now Northern Illinois University, it was important that we look for new, faster ways to notify the campus in an emergency."
Instant Alert Plus can send up to 150,000 30-second phone calls and 125,000 text messages in 15 minutes, giving Butler University the ability to reach its contacts within minutes. The service also allows the university to send customized messages to specific groups, such as emergency responders or residents of a particular dormitory. And it provides real-time, Web-based reports that show who has or has not received a particular alert.
In addition, Butler University can poll and get feedback from students, faculty and staff with the service's two-way communication function. Other features include the ability to automatically bridge message recipients into a conference call, and send attachments with text-based messages to provide more detailed information and instructions.
To activate an alert, administrators only need to place a phone call or type a message on an Internet-connected computer. Instant Alert Plus uses a series of distributed, redundant call center networks to distribute information. As a result, it is one of the most reliable means of emergency communication available.
"In today's mobile society, organizations are realizing emergency notification is not a one-size-fits-all service," said Luca Mazzei, director of Americas marketing at Honeywell Building Solutions. "It's impossible to predict where people are or the best way to reach them. So Instant Alert Plus offers the features and flexibility that Butler University and other schools need to communicate with their students and staff."
Created for municipalities, colleges and universities, businesses, and healthcare and industrial facilities, Instant Alert Plus is an extension of Instant Alert for Schools, a notification service that helps K-12 school districts improve communication and emergency preparedness. More than 2,300 schools nationwide use Instant Alert to connect with parents and guardians.
For more information about Honeywell Instant Alert Plus or Instant Alert for Schools, call 800-345-6770 ext. 601 or visit http://www.honeywell.com/instantalert.
Honeywell International is a $36 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit http://www.honeywell.com/. Honeywell Building Solutions is part of the Honeywell Automation and Control Solutions business group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Building Solutions, access http://www.honeywell.com/buildingsolutions.
This release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
Instant Alert(R) is a registered trademark of Honeywell International Inc.
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Honeywell
CONTACT: Aaron Parker of Honeywell, +1-763-954-4257, aaron.parker@honeywell.com
Web Site: http://www.honeywell.com/
TigerLogic Adds Jeffrey L. Wong to Executive TeamSilicon Valley Marketing Executive Brings More than 20 Years of Marketing and Sales Experience to Focus on TigerLogic's New Web Search Product ChunkIt!
SAN JOSE, Calif., April 22 /PRNewswire-FirstCall/ -- TigerLogic Corporation , formerly Raining Data Corporation , the creators of the new Web search product ChunkIt!, today announced that they have added Jeffrey L. Wong to their executive team as Vice President of Marketing. Last week the company released a corporate name change and new product direction with the announcement of ChunkIt!, an Internet browser-based application that enhances the search experience of any popular search engine or Web page.
"Since July 2007, Jeff has been an important addition to our team to help us build and refine our innovative search product aimed at improving the way people search and find information on the Web," said Carlton H. Baab, President and CEO of TigerLogic Corporation. "Jeff's consumer marketing and sales experience with startups and large technology corporations will greatly help the company take on this new direction and take our innovative new Web search tool to market."
For more than 20 years, Wong has led major marketing and sales campaigns at a variety of large technology companies including HP, Quantum and Genesys Conferencing, as well as at a number of successful startups. He played an instrumental role in defining the corporate positioning and spearheading the branding efforts at Silicon Gaming and Lexar Media, two start-ups that executed successful IPOs. In addition, Wong was also the Director of Product Marketing at Placeware, where he defined the startup's products and helped grow the Web conferencing service into an attractive business that was acquired by Microsoft.
More information about TigerLogic is available at http://www.tigerlogic.com/
More information on ChunkIt! is available at http://www.tigerlogic.com/ChunkIt
About TigerLogic Corporation
TigerLogic's installed customer base includes more than 500,000 active users representing more than 20,000 customer sites worldwide, with a significant base of diverse vertical applications. With more than 100 employees and contractors worldwide, TigerLogic offers 24x7 customer support services and maintains a strong international presence. More information about TigerLogic and its products can be found at http://www.tigerlogic.com/. Product details about ChunkIt! are available at http://www.tigerlogic.com/ChunkIt.
Except for the historical statements contained herein, the foregoing release may contain forward-looking statements. These forward-looking statements are subject to risks and uncertainties, and actual results could differ materially due to several factors, including but not limited to the success of the Company's research and development efforts to develop new products and to penetrate new markets, the market acceptance of the Company's new products and updates, technical risks related to such products and updates, the Company's ability to maintain market share for its existing products, the availability of adequate liquidity and other risks and uncertainties. Please consult the various reports and documents filed by the Company with the U.S. Securities and Exchange Commission, including but not limited to the Company's most recent reports on Form 10-KSB and Form 10-QSB for factors potentially affecting the Company's future financial results. All forward-looking statements are made as of the date hereof and the Company disclaims any responsibility to update or revise any forward-looking statement provided in this news release. The Company's results for the quarter ended December 31, 2007 are not necessarily indicative of the Company's operating results for any future periods.
TigerLogic, ChunkIt!, Raining Data, Pick, mvDesigner, D3, mvEnterprise, mvBase, Omnis, and Omnis Studio are trademarks of TigerLogic Corporation. All other trademarks and registered trademarks are properties of their respective owners.
TigerLogic Corporation
CONTACT: media, Erica Jostedt of SutherlandGold Group, +1-415-848-7172, ej@sutherlandgold.com; or investors, Brian Cheek of TigerLogic Corporation, +1-949-260-5147, brian.cheek@tigerlogic.com
Web site: http://www.tigerlogic.com/
TI introduces high-performance 16-bit, 800 MSPS dual-channel digital-to-analog converter for 3G and 4G communications
DALLAS, April 22 /PRNewswire/ -- Texas Instruments Incorporated (TI) today introduced a 16-bit, dual channel, 800 MSPS digital-to-analog converter (DAC). The new device builds on the field-proven design of the DAC5687 and continues to push the space and performance boundaries in transmit DAC solutions for wireless base stations, software-defined radio applications and multi-frequency test equipment (See http://www.ti.com/dac5688-pr).
The DAC5688 expands on TI's portfolio of full-featured DACs and represents a 67 percent space reduction over the previous generation. Offered in a space-saving 64-pin 9 mm x 9 mm QFN package, the DAC5688 features enhanced performance to support existing 3G applications, including WCDMA and TD-SCDMA, and emerging 4G applications, including WiMAX and LTE. For instance, for an output frequency of 70 MHz, the device achieves 81 dBC ACLR for a single-carrier WCDMA application.
To further enhance performance in communications design, the DAC5688 allows for more exact frequency placement, superior linearity, noise crosstalk and PLL phase noise performance. An optional frequency mixer with a 32-bit numerically controlled oscillator (NCO) runs up to 800 MHz, enabling more exact frequency placement. A digital inverse SINC filter compensates for natural DAC sin (x)/x frequency roll-off. In addition, the digital quadrature modulator correction (QMC) feature allows IQ compensation of phase, gain and offset to maximize sideband rejection to create a flatter pass band. An integrated 2x-32x clock multiplying PLL/VCO offers lower jitter and four times the multiplying range over the DAC5687. This extended range can enable designers to operate with simpler external clocking, reducing complexity and cost.
To increase flexibility, the DAC5688 dual CMOS data bus provides 250 Mbps input data transfer per DAC channel. Several input data options are available including dual-bus data, single-bus interleaved data, even and odd multiplexing at half-rate, and an input FIFO with either external or internal clock, which eases interface timing. Input data can be interpolated two, four or eight times by on-board digital interpolating FIR filters with greater than 80dB stop-band attenuation.
Tools, support and signal chain solutions ease design
TI offers a suite of easy-to-use evaluation modules (EVMs) and tools to speed development time. With the inclusion of the TRF3703 single-chip quadrature modulator and CDCM7005 clocking distribution chip, the DAC5688 EVM allows for rapid prototyping of high performance, space efficient, transmit signal chain solutions. In addition, the TSW3100 digital pattern generator's CMOS outputs provide an evaluation platform to enable designers to realize the increased system performance provided by the new device's wide bandwidth, including the following:
-- Improved power amplifier linearization for digital pre-distortion (DPD)
solutions with TI's GC5322 single-chip transmit processor solution
-- Reduced cost of infrastructure, covering wide bandwidth with one
implementation
-- Implementation of more standards in software-defined radios
-- Advanced system performance for test and measurement
To further simplify design, reduce development costs and speed time to market, TI offers a wide variety of devices to complete the signal chain, including operational amplifiers (OPA695) and an integrated PLL/VCO (TRF3761).
In addition to analog signal chain solutions, TI also provides a line of wireless infrastructure DSPs including single and multi-core devices and wireless air interface specific software libraries. TI leads the industry in deployment with the top eight 3G base station manufacturers using TI products. For more information on TI's complete wireless infrastructure solutions, please visit http://www.ti.com/wi.
Pricing and availability
The DAC5688 is available now in 64-pin quad flat no-lead (QFN) package and is priced at $29.95 in 1,000-piece quantities (suggested resale pricing). Samples and EVMs are available from http://www.ti.com/dataconverters.
About Texas Instruments
Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/
Please refer all reader inquiries to:
Texas Instruments Incorporated
Semiconductor Group, SC-08037
Literature Response Center
14950 FAA Blvd.
Fort Worth, TX 76155
1-800-477-8924
Trademarks
All registered trademarks and other trademarks are the property of their respective owners.
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Texas Instruments Incorporated
CONTACT: Sarah Martin of Texas Instruments, +1-214-480-5035, smartin@ti.com; or Jacqi Moore of GolinHarris, +1-972-341-2514, jmoore@golinharris.com, for Texas Instruments
Web site: http://www.ti.com/
Global Med Technologies(R), Inc. to Present at Inaugural LD MICRO Conference at the Omni Hotel in Los Angeles
DENVER, April 22 /PRNewswire-FirstCall/ -- Global Med Technologies(R), Inc. (BULLETIN BOARD: GLOB) , an international e-Health, medical information technology company, today announced that its founder and CEO, Michael I. Ruxin, M.D., will be presenting the Company's story at the first LD MICRO annual conference at the Omni Los Angeles hotel on Tuesday, April 29, at 1:00 p.m. PDT.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040226/GLOBALMEDLOGO)
"It is truly gratifying to be included among the outstanding publicly traded companies presenting at this conference," said Dr. Ruxin. "Global Med Technologies is on an exciting growth path and is working toward impressive international expansion and leadership in its field. We welcome the opportunity to highlight the recent exciting events that have transpired as well as the Company's direction going forward," Dr. Ruxin added.
About LD MICRO
LD MICRO is a by-invitation only newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published an annual list of recommended stocks as well as comprehensive reports on select companies throughout the year. For the past several years, LD MICRO has concentrated on finding, researching, and investing in companies that are overlooked by institutional investors. For more information on the list of presenting companies or to register for the event, please visit http://www.ldmicro.com/ or call (310) 862-4512.
About Global Med Technologies, Inc.
Global Med Technologies(R), Inc. is an international e-Health medical information technology company providing information management software products and services to the healthcare industry. Its Wyndgate Technologies(R) division is a leading supplier of information management systems to U.S. and international blood centers and hospital transfusion centers. Each year, Wyndgate's products and services manage more than eight million blood components, representing over 27% of the U.S. blood supply. Wyndgate's products are also being used in Canada, Africa, and the Caribbean. Wyndgate's software provides Vein-to-Vein(R) tracking from donor collection to patient transfusion through its Donor Doc(TM) interactive donor health history questionnaire, ElDorado Donor(TM) and SafeTrace(R) donor management systems, to its SafeTrace Tx(R) advanced transfusion management system. Global Med's PeopleMed(R), Inc. subsidiary provides custom software validation, consulting and compliance solutions to hospitals and blood centers. PeopleMed's in-depth knowledge of Wyndgate's products and the blood banking industry results in cost-effective validation services, which leads to more efficient software implementations and upgrades for our customers.
For more information about Global Med's products and services, please call 800-WYNDGATE or visit http://www.globalmedtech.com/, http://www.peoplemed.com/ and http://www.wyndgate.com/.
This news release may include statements that constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expects" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this news release.
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Global Med Technologies, Inc.
CONTACT: Michael I. Ruxin, M.D., of Global Med Technologies, Inc., +1-303-238-2000, mick@globalmedtech.com; or Investors, Paul Holm, President of portfoliopr.inc, +1-212-888-4570, paulh@portfoliopr.biz, for Global Med Technologies, Inc.
Web site: http://www.globalmedtech.com/ http://www.ldmicro.com/
Microsoft Highlights Innovation in Second Round of Ingenuity Point WinnersIndependent software vendors use Microsoft technology to help customers overcome linguistic and learning barriers and design carbon-neutral buildings.
REDMOND, Wash., April 22 /PRNewswire-FirstCall/ -- The passion and development expertise of Microsoft Corp.'s partner community was recognized today as the company announced the second round of Gold Ingenuity Point winners in its worldwide contest for independent software vendors (ISVs). The three ISVs were chosen from entrants around the world that submitted solutions to address needs in education, healthcare and "clean" technology.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
The Ingenuity Point competition provides ISVs with a platform to showcase their passion, their development expertise and the potential of software as they work on solutions that improve people's lives and the planet. The winners of this round are the following:
-- Agilix Labs Inc. Agilix's GoCourse Learning System allows teachers and
trainers to build and manage media-rich learning content that delivers
a structured, self-guided learning experience for students, whether
online or offline. GoCourse Learning System also provides automated
tools for grading and monitoring student progress. GoCourse is used by
corporations, schools, universities and colleges in the United States,
Brazil, China and Peru, with some deployments serving more than 10,000
users.
-- Green Building Studio Inc. This California-based ISV creates a
building design analysis solution for architects, engineers and
construction companies. Currently more than 6,000 users have
registered on the Green Building Studio's Web service to assess their
building's energy, water and carbon emission performance. The
assessment, which previously could take several weeks, now uses
today's leading building information modeling tools and can be
completed in a few minutes, and for a fraction of the cost. Green
Building Studio is currently in the process of being acquired by
Autodesk Inc., the world leader in 2-D and 3-D design software for the
manufacturing, building and construction, and media and entertainment
markets.
-- Lebab Systems. Based in Madrid, Spain, Lebab has developed an
"interpreter to integration" solution that bridges the communications
gap between medical staff and patients who speak different languages.
Used for emergency care, surgical preparation and general family
practice, the solution, which combines text and sound, includes a
database of 70,000 medical questions that are recorded in English,
Spanish, Chinese, Arabic, Romanian and Bulgarian. By eliminating the
need for an interpreter, Lebab's solution helps doctors more quickly
diagnose health problems. It can add a greater level of privacy and
trust in the doctor-patient relationship, regardless of cultural and
linguistic barriers, thus increasing the satisfaction of patients and
professionals.
Unlocking the Potential of Software
These three companies join the Gold Ingenuity Point winners from round one of the competition -- Tobii Technology, TR Control Solutions and OSIsoft Inc. -- as ISVs that have made a noteworthy contribution in fundamental areas such as increasing literacy, improving healthcare and taking care of the environment.
Rob Bernard, Microsoft's chief environmental strategist and one of the judges of the Ingenuity Point contest, said that the work of these software companies demonstrates the impact being made by innovative software solutions. "Microsoft recognizes that improvements in education, healthcare and the environment require a significant amount of time and resources to develop applications, operating systems, interfaces and development tools -- the fundamental building blocks to help shape the vision of developers and end users," he said. "We are honoring these ISVs for demonstrating how the potential of technology can make a difference in our world."
On May 19, the company will announce one of the six ISVs as the recipient of the Platinum Ingenuity Point Award. A representative from that ISV will serve as a guest judge in the global finals of Microsoft's Imagine Cup 2008, held in Paris later this year.
More information on the ISVs, the Ingenuity Point contest and future competitions can be found at http://www.theingenuitypoint.com/main/default.aspx.
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
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Microsoft Corp.
CONTACT: Manny Rivera, +1-503-443-7000, mrivera@waggeneredstrom.com, or Rapid Response Team, +1-503-443-7070, rrt@waggeneredstrom.com, both of Waggener Edstrom Worldwide for Microsoft Corp.
Web site: http://www.microsoft.com/
Aida Pharmaceuticals, Inc. Announces Availability of Downloadable Corporate Synopsis on its Website
SANTA MONICA, Calif., April 22 /PRNewswire-FirstCall/ -- Aida Pharmaceuticals, Inc. (BULLETIN BOARD: AIDA) today announced the availability of an investor-focused corporate synopsis on its English language website, http://en.aidapharma.com/, which may be downloaded as a pdf document. The synopsis details Aida Pharmaceuticals, Inc.'s public company financial information, current product line, the drugs in its development pipeline, as well as its future growth avenues.
About Aida Pharmaceuticals
Aida Pharmaceuticals, Inc. is a product-focused pharmaceuticals company engaged in the formulation, clinical testing, registration, manufacture, sales and marketing of advanced pharmaceutical and genetic products in mainland China. The Company's mission is to discover, develop and market meaningful new therapies that improve human health. Aida Pharmaceuticals, Inc., in operation since March 1999, is headquartered in Hangzhou, the People's Republic of China (the "PRC") with manufacturing, distribution and sales points throughout mainland China. Aida Pharmaceuticals, Inc. is GMP certified in the PRC and ISO9002 certified for quality assurance and ISO14000 certified for ecologically-friendly practices.
Contact Information:
Ashley Hull
(310) 450-9100 opt 1
ashley@leacapital.com
Broker Contact:
Chesapeake Group
(410) 825-3930
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Aida Pharmaceuticals, Inc.
CONTACT: Ashley Hull, +1-310-450-9100, opt 1, ashley@leacapital.com; or broker contact, Chesapeake Group, +1-410-825-3930, both for Aida Pharmaceuticals, Inc.
Web site: http://en.aidapharma.com/
Scientific Games Awarded 4-Year Paragon Casino Race Book Contract
NEW YORK, April 22 /PRNewswire-FirstCall/ -- Scientific Games announced that its wholly-owned subsidiary Autotote Enterprises, Inc. has signed a four-year deal to supply race book venue management services to the Tunica-Biloxi Tribe of Louisiana for the Paragon Casino Resort in Marksville, Louisiana. The Paragon Casino Resort has more than 2,000 slot machines, 46 table games and poker. The Tunica-Biloxi Tribe of Louisiana is the owner and operator of the Central Louisiana destination resort and convention, which opened in 1994.
"We are privileged to add the Paragon Casino Resort to our growing network of North American race books. Given the strong horse racing tradition in Louisiana and neighboring areas, the addition of pari-mutuel racing to complement their broad array of gaming and entertainment venues already in place will bring added revenues and excitement for years to come," said Rick Pullman, President of Autotote Enterprises.
"Scientific Games has an excellent reputation among tribal race book operators and we are looking forward to this exciting new addition to our casino offerings," said Linda Bordelon, Vice President of Public Relations. "Clearly their successful record with the Mohegan Sun in Connecticut, as well as the Ho-Chunk and Oneida Nations in Wisconsin, gives us confidence that they will do a great job supporting our race book as well."
About Scientific Games
Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries worldwide, a leading supplier of server based gaming machines and systems, Amusement and Skill with Prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut, Maine and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries. For more information about Scientific Games, please visit our web site at http://www.scientificgames.com/.
Company Contact:
Investor Relations
Scientific Games Corporation
212-754-2233
Forward-Looking Statements
Certain statements in this press release which are not historical facts, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, including those relating to timing of contracts, renewals or other events, business plans and performance objectives, are based upon management's current expectations, assumptions and estimates and are not guarantees of future results or performance. Actual results may differ materially from those projected in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; material adverse changes in economic and industry conditions in our markets; technological change; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; seasonality; dependence on suppliers and manufacturers; factors associated with foreign operations; failure to retain, renew or perform on contracts; resolution of pending or future litigation; and other factors described from time to time in our filings with the SEC, including our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and except for our ongoing obligations under the U.S. federal securities laws, we undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
Scientific Games Corporation
CONTACT: Investor Relations for Scientific Games Corporation, +1-212-754-2233
Web site: http://www.scientificgames.com/
Company News On-Call: http://www.prnewswire.com/comp/117695.html
Futuremedia Learning Strengthens Team
BRIGHTON, England, April 22 /PRNewswire/ -- Futuremedia Learning, a leading e-learning provider and a division of Futuremedia plc (BULLETIN BOARD: FMDAY) , announced today that it has strengthened its e-learning team with key new appointments as part of its drive to provide the best possible service to clients.
Craig Jarvis, previously with KnowledgePool and Reed, has joined in the capacity of Business Development Director to head up the business development and account management functions. Craig will be directly responsible for sales strategy, new business and the ongoing relationship management of Futuremedia Learning's client portfolio.
Craig has over 15 years of experience in e-learning across a range of industries including financial services, telecommunications, and the public sector. Craig said, "I am delighted to be joining Futuremedia Learning at this exciting time in its development and look forward to working with both its staff and clients to grow the business and to help spread the effective use of learning technologies."
John Helmer, an experienced marketer specialising in digital industries, and a leading figure in the UK e-learning industry, has been retained to guide Futuremedia Learning's marketing strategy. John has worked at a senior level with some of the UK's leading names in e-learning including Epic, Ufi, Kineo, Learning Light, Academy Internet and Capita Learning Solutions, and will bring his extensive experience to bear in helping to develop the Company's offering and its communications with the market (http://www.johnhelmer.co.uk/).
Dorian Rogers has joined as Programme Manager from Epic, where he worked on many significant e-learning and web communications projects, bringing with him a wealth of project management experience. Dorian's role will be central in the introduction of a team-based structure, which is part of a new initiative to re-engineer all Futuremedia Learning's processes around customer service.
Andy Costello has joined as Senior Learning Designer, also from Epic. Andy's flair and extensive instructional design experience will further increase the strength of a team which has already won praise for its distinctive, creative approach. Additionally, Laura Pryor has joined as Learning Designer and was formerly with Epic.
Andrea Miles, Managing Director of Futuremedia Learning, commented, "The quality of our people is the quality of our business. I'm delighted to welcome Craig, John, Dorian, Andy and Laura to Futuremedia Learning. Not only do they have great background and experience, they also have that all-important passion for learning we look for in every one of our employees. These appointments show that Futuremedia Learning continues to attract some of the brightest talent in e-learning to work on innovative and creative learning solutions that deliver great value for our clients."
About Futuremedia
Futuremedia plc (BULLETIN BOARD: FMDAY) is a global media company providing online learning, design, exhibition and event services to public and private sector organizations. Established in 1982, Futuremedia helps its clients to communicate their values, product and brand information to employees, customers and industry, and believes that learning is a key component in the communication mix. Futuremedia divisions are Futuremedia Learning and Button Group. Button has been providing design, exhibition and event services around the world for more than 30 years. For more information, visit http://www.futuremedia.co.uk/.
Futuremedia Learning
CONTACT: Jenna Focarino of Brainerd Communicators, Inc., for Futuremedia plc, +1-212-986-6667, or Lucy Perry of Futuremedia Learning, +44-1273-829-700
Web site: http://www.futuremedia.co.uk/ http://www.johnhelmer.co.uk/
Vimeo Receives a 2008 'Webware 100' Award for Video
NEW YORK, April 22 /PRNewswire/ -- Vimeo today announced that it has received a 2008 Webware 100 award for video by Webware, a CNET site. The Web 2.0 user community cast nearly two million votes in an online voting poll, which ultimately determined the winners. Finalists for the 2008 Webware 100 Awards were selected by the editors of Webware.
The 2008 Webware 100 Awards recognize the best Web 2.0 sites, services, and applications that are leading the next wave of innovation. Webware editors received and reviewed thousands of entries. A complete list of the winners can be found at http://www.webware.com/100.
Vimeo (http://www.vimeo.com/) is home to an innovative online video community and features advanced privacy options, sharing tools, and the first video-sharing platform to offer true high definition viewing and video encoding. Founded in 2004, Vimeo currently boasts over 4,500 unique video channels.
"The Vimeo community is extremely passionate about creating and sharing videos," said Tim Allen, Vice President of IAC Consumer Applications and Portals. "The CNET Webware Award confirms Vimeo's goal of differentiating itself by not only the quality of its content but by the quality of its video viewing platform."
"The Webware 100 list has proven to be such a valuable resource for people new to Web 2.0," said Rafe Needleman, editor at Webware and CNET. "We honor those organizations who strive to deliver the most innovative Web 2.0 sites, services and applications."
Winners are invited to celebrate at the Web 2.0 Expo San Francisco (http://www.web2expo.com/) held April 22-25, 2008 at the Moscone Center West in San Francisco. Webware will honor the winners with a celebration as part of the Web 2.0 Expo Booth Crawl on Thursday, April 24, 2008 at 4:30 p.m. PDT on the show floor. The Web 2.0 Expo is the official partner of the 2008 Webware 100 Awards. To view all the winners and finalists, go to: http://www.webware.com/html/ww/100/2008/winners.html.
About IAC Consumer Applications and Portals
IAC CAP, a wholly owned business of IAC , is a leading web developer of consumer applications, platforms and portals enabling users to creatively and visually express themselves online. IAC CAP brands include the Excite, IWON and My Way portals, as well as Zwinky, Smiley Central, Webfetti, Popular Screensavers, My Fun Cards and Cursor Mania.
Contact:
David Barkoe
212 201 7894
david@attentionpr.com
IAC Consumer Applications and Portals
CONTACT: David Barkoe, +1-212 201 7894, david@attentionpr.com
Web site: http://www.vimeo.com/ http://www.webware.com/100 http://www.webware.com/html/ww/100/2008/winners.html http://www.web2expo.com/
Medialink Chief Technology Officer Donald M. Michels Named Streaming Media Magazine All-StarEditors Select 25 for Inaugural Roster Reflecting Contributions to Online Video Industry
NEW YORK, April 22 /PRNewswire-FirstCall/ -- In celebration of its decade milestone in publishing, Streaming Media magazine recently launched its inaugural Streaming Media All-Stars awards and announced the selection of Donald M. Michels, Chief Technology Officer of Medialink Worldwide Incorporated, as one of its first 25 honorees. Medialink is a leading provider of diversified media services for professional communicators and marketers and, through its Teletrax subsidiaries, a leading provider of digital video tracking services to content owners.
After reviewing more than 130 nominations, Streaming Media editors based their final selections on individual achievements that have advanced the online video industry with contributions in technology, business, or education, well before its mainstream acceptance.
"We weren't interested in giving attention to the people who've already gotten credit in the eyes of the public," said Streaming Media Editor Eric Schumacher-Rasmussen. "I suppose if you extend the baseball metaphor, these 25 people would really make up the streaming media hall of fame."
Digital media veteran Michels joined Medialink in 2007 to direct the development, implementation and maintenance of Medialink's technology applications and networks as the Company further expands its broadband capabilities with Mediaseed(R), its Web 2.0 content management platform and online news portal (http://www.mediaseed.tv/). Michel's responsibilities also include continued enhancements of the digital video monitoring and content tracking technology of Teletrax(R). Prior to Medialink, Michels was Vice President of Technology at The Feedroom, Inc., a supplier of broadband media solutions for media companies, where he supervised technical design and production on several high-profile Internet broadcast events, including the NCAA Men's Division I Basketball Championship known as "March Madness" for CBS/Sportline and CSTV.
"We are extremely proud of Don's career-long achievements and his recognition by Streaming Media as a pioneer in the online video arena," stated Laurence Moskowitz, Chief Executive Officer of Medialink. "For more than 20 years, Medialink has propelled professional communicators and major content producers to success with our sound counsel, award-winning creativity and innovative media platforms. With client projects ranging from public relations and marketing campaigns to global media intelligence programs, all-star performances are delivered everyday at Medialink by our team of talented employees in the United States and United Kingdom."
Medialink produces and distributes fully-sourced video and audio via the Web, television and radio on behalf of its 500 public relations and marketing clients worldwide. In addition, Medialink's broadband distribution network disseminates client content by posting it on top video sharing sites and with major Web syndicators and aggregators.
Medialink provides custom digital newsrooms powered by Mediaseed that enable clients to post video and other rich media, select media distribution options, and expedite delivery of content worldwide to professional journalists and publishers. Clients also can access reports of video usage on television via Medialink's exclusive global television tracking service, Teletrax, and view its publication on various Internet sites.
Teletrax is the world's first global digital video broadcast intelligence and video asset management service. Teletrax provides clients with video watermarking services that enable them to precisely track and monitor where, when and how their content is being aired via cable, satellite and terrestrially. Clients can easily evaluate, respond to and manage broadcast information relating to their video content through Teletrax's Web-based reporting tools. Teletrax yields critical media intelligence that is of proven value to motion picture studios, news organizations, network and syndicated TV programmers, brand marketers, corporate communicators, and advertising and public relations agencies.
About Medialink:
Medialink (http://www.medialink.com/) is a global leader in providing unique news and marketing media strategies and solutions that enable corporations and organizations to inform and educate their intended audiences with maximum impact on television, radio, print, and the Internet. The Company offers creative services and multimedia distribution programs including video and audio news and short-form programming. Through its majority-owned subsidiaries, Medialink also provides Teletrax(R), a global television tracking and media asset management service to help clients evaluate return on investment from their programming and advertising efforts. Teletrax is 76%- owned by Medialink and 24%-owned by Royal Philips Electronics. Based in New York, Medialink has offices in major cities throughout the United States and an international hub in London.
With the exception of the historical information contained in the release, the matters described herein contain certain "forward-looking statements" that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Actual results may vary materially from those expressed or implied by the statements herein. Such statements may relate, among other things, to our ability to respond to economic changes and improve operational efficiency, the benefits of our products to be realized by our customers, or our plans, objectives, and expected financial and operating results. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances or using words such as: will, believe, anticipate, expect, could, may, estimate, project, plan, predict, intend or similar expressions that involve risk or uncertainty. These risks and uncertainties include, among other things, our recent history of losses; our ability to achieve or maintain profitability; potential regulatory action; worldwide economic weakness; geopolitical conditions and continued threats of terrorism; effectiveness of our cost reduction programs; the receptiveness of the media to our services; changes in our marketplace that could limit or reduce the perceived value of our services to our clients; our ability to develop new services and market acceptance of such services, such as Mediaseed(R); the volume and importance of breaking news, which can have the effect of crowding out the content we produce and deliver to broadcast outlets on behalf of our clients; our ability to develop new products and services that keep pace with technology; the process of embedding a Teletrax watermark or the watermark itself rendering client content unsuitable for broadcast; our ability to develop and maintain successful relationships with critical vendors; the potential negative effects of our international operations on the Company; future acquisitions or divestitures, which may adversely affect our operations and financial results; the absence of long term contracts with customers and vendors; and increased competition, which may have an adverse effect on pricing, revenues, gross margins and our customer base. More detailed information about these risk factors is set forth in filings by Medialink Worldwide Incorporated with the Securities and Exchange Commission, including the Company's registration statement, most recent quarterly report on Form 10-Q, most recent annual report on Form 10-K and other publicly available information regarding the Company. Medialink Worldwide Incorporated is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward- looking statements whether as a result of new information, future events or otherwise.
Medialink
CONTACT: Maria Di Masi of Medialink Worldwide Incorporated, +1-212-682-8300, info@medialink.com
Web site: http://www.mediaseed.tv/
Conolog Announces Orders of $367,000 for the Month of March 2008
Somerville, N.J., April 22 /PRNewswire-FirstCall/ -- Conolog Corporation , an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today that for the month of March 2008, the Company received a total of $367,000 in additional orders, increasing its previously announced backlog.
Chairman of Conolog Robert Benou stated, "Our products continue to confirm market acceptance and we welcome new and existing customers to our product offerings."
Benou added, "The Company will continue to expand its marketing efforts and is focused on expanding sales, product applications, related software and production capacity throughout 2008."
About Conolog Corporation
Conolog Corporation is a provider of digital signal processing and digital security solutions to electric utilities worldwide. The Company designs and manufactures electromagnetic products to the military and provides engineering and design services to a variety of industries, government organizations and public utilities nationwide. The Company's INIVEN division manufactures a line of digital signal processing systems, including transmitters, receivers and multiplexers.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products introduced by competitors, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. There can be no assurance that utilities will purchase any of our systems.
Contact: Conolog Corporation: Robert Benou, Chairman, 908/722-8081
Conolog Corporation
CONTACT: Robert Benou, Chairman of Conolog Corporation, +1-908-722-8081
Web site: http://www.conolog.com/
WEGENER(R) Receives Additional Order from Jones Radio Networks(R) for Network ExpansionJones Radio Networks Expands its Linear and File-based Radio Networks with WEGENER(R) iPump(R) and Unity(R) products
DULUTH, Ga., April 22 /PRNewswire-FirstCall/ -- Wegener Corporation , a leading provider of equipment for television, audio and data distribution networks worldwide, today announced that Jones Radio Networks(R) (JRN), America's leading independent radio programming company, has placed a large order for WEGENER(R) iPump(R) 6420 professional media servers and Unity(R) 4600 professional media receivers. The products will ship in WEGENER's fourth quarter.
The new purchase will augment the Jones Digital Audio Server (JDAS) delivery technology platform which was supplied by WEGENER and launched in January 2007. The JDAS system distributes radio content to its network of over 2,000 radio stations and the purchase represents growth of the network.
WEGENER's file-based distribution solution enables centralized control, distribution and playout of radio programming and rebroadcasts. With the ability to insert local advertising and station promotions, WEGENER's file based distribution solution combines the efficiencies of large network operations with the customized listening experiences of localized content. Specifically designed for localizing affiliate radio broadcasts, the WEGENER iPump 6420 media server uses playlists and network commands to generate a custom audio channel by seamlessly transitioning between live and stored audio programs.
"We utilize WEGENER equipment to provide ground-breaking programming quality and targeted delivery for our advertisers," said Eric Wiler, Vice President of Technology for Jones Radio Networks. "WEGENER has provided a system with unparalleled flexibility which we are glad to expand with this recent order."
"With this new equipment order, Jones Radio Networks continues to grow their operation," said Ned L. Mountain, President and COO of WEGENER. "Jones is a forward-thinking radio network that is expanding its program delivery and advertising insertion capabilities with our equipment. We have a strong partnership with Jones and are proud to continue serving their needs."
ABOUT WEGENER
WEGENER(R) (Wegener Communications, Inc.), a wholly-owned subsidiary of Wegener Corporation , is an international provider of digital solutions for video, audio, and IP data networks. Applications include IP data delivery, broadcast television, cable television, radio networks, business television, distance education, business music and financial information distribution. Compel(R), WEGENER's patented network control system, provides networks with unparalleled ability to regionalize programming and commercials. Compel(R) network control capability is integrated into WEGENER(R) digital satellite receivers. WEGENER(R) can be reached at +1.770.814.4000 or on the World Wide Web at http://www.wegener.com/ .
WEGENER, COMPEL, COMPEL CONTROL, iPUMP, MEDIAPLAN, UNITY, ASSURED FILE DELIVERY, PANDA, PROSWITCH, VIDATA, the stylized W-design logo (for WEGENER(R)), the stylized C-design logo (for Compel(R)) and the stylized PANDA design logo are all registered trademarks of WEGENER(R). All Rights Reserved.
About Jones Radio Networks(R)
A subsidiary of Jones Media Group(R), Inc. (JMG), Jones Radio Networks(R) (JRN), is America's leading independent radio programming company with offices and studios in New York, Dallas, Seattle, Denver and Nashville. JMG also owns Jones MediaAmerica(R), Inc. (JMA), America 's largest independent sales representation company, which sells national advertising for more than 120 national radio programs (http://www.mediaamerica.com/), and Jones(TM), Inc., which creates, produces and distributes music-based products for broadcast media use. Through its subsidiaries, JMG serves more than 5,000 radio stations with a full menu of services and programming solutions (http://www.jonesradio.com/).
This news release may contain forward-looking statements within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995, and the Company intends that such forward-looking statements are subject to the safe harbors created thereby. Forward-looking statements may be identified by words such as "believes," "expects," "projects," "plans," "anticipates," and similar expressions, and include, for example, statements relating to expectations regarding future sales, income and cash flows. Forward-looking statements are based upon the Company's current expectations and assumptions, which are subject to a number of risks and uncertainties including, but not limited to: customer acceptance and effectiveness of recently introduced products, development of additional business for the Company's digital video and audio transmission product lines, effectiveness of the sales organization, the successful development and introduction of new products in the future, delays in the conversion by private and broadcast networks to next generation digital broadcast equipment, acceptance by various networks of standards for digital broadcasting, the Company's liquidity position and capital resources, general market conditions which may not improve during fiscal year 2008 and beyond, and success of the Company's research and development efforts aimed at developing new products. Discussion of these and other risks and uncertainties are provided in detail in the Company's periodic filings with the SEC, including the Company's most recent Annual Report on Form 10-K. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. Forward-looking statements speak only as of the date the statement was made. The Company does not undertake any obligation to update any forward-looking statements.
Wegener Corporation
CONTACT: Press: Robin Hoffman of Pipeline Communications for WEGENER, +1-973-746-6970, robinh@pipecomm.com; or Investor Relations, Troy Woodbury of WEGENER, +1-770-814-4000, Fax: +1-770-623-9648, info@wegener.com
Web site: http://www.wegener.com/ http://www.jonesradio.com/ http://www.mediaamerica.com/
Nordson Agreement with Sensory Analytics Aims to Reduce Costs and Improve Quality for Container ManufacturerscScan+(TM) Coating Measurement System to be Powered by Innovative SpecMetrix Technology
WESTLAKE, Ohio and ESSEN, Germany, April 22 /PRNewswire-FirstCall/ -- Nordson Corporation today announced that it has signed a license and distribution agreement with Sensory Analytics, a leading developer of innovative coating measurement systems, for the exclusive use of certain of its SpecMetrix(R) coating measurement technologies within new Nordson coating measurement offerings for container manufacturers. The first Nordson cScan+(TM) coating measurement systems featuring SpecMetrix technology will be introduced to the global packaging industry at Booth # 3-333 at the MetPack 2008 Show in Essen, Germany this week.
"We are confident that our new cScan+ coating measurement offerings, powered by SpecMetrix technology, will help improve the coating quality and reduce the coating costs of container manufacturers worldwide," stated Doug Bloomfield, Vice President of the Industrial Coating and Automotive Systems Division at Nordson. "Nordson appreciates the unique challenges being faced by global manufacturers of coated products, and we remain committed to working closely with them to ensure their continued success."
"We are excited to partner with a recognized global coating systems leader such as Nordson to bring the tremendous benefits of our SpecMetrix(R) coating measurement technologies to container manufacturers worldwide," said Greg Frisby, CEO of Sensory Analytics. "These new, non-contact coating measurement systems from Nordson will help beverage and food container manufacturers optimize their coating quality while reducing product costs."
SpecMetrix(R) technology was recently recognized by Finishing Today Magazine as one of the year's hottest innovations in the global product finishing and coatings markets. The editorial team at Finishing Today selected SpecMetrix(R) technology for the Instrumentation Award, stating "No other technology can measure such a broad thickness range over so many different substrates."
About Nordson
Nordson Industrial Coating and Automotive Systems division is a worldwide leader in powder coating and liquid spray equipment and technology. Nordson Corporation is one of the world's leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures equipment used in the testing and inspection of electronic components as well as technology-based systems used for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has nearly 4,100 employees worldwide, and direct operations and sales support offices in 30 countries. http://www.nordson.com/
About SpecMetrix Technology
SpecMetrix(R) coating measurement technologies were developed by Sensory Analytics of Greensboro, North Carolina, a fast-growing leader in the development of high-precision coating thickness measurement systems for manufacturers. SpecMetrix(R) portable and automated coating measurement systems are bringing real-time coating quality measurement and process validation to manufacturers within the packaging, aerospace, electronics, medical devices and industrial coatings markets. For additional information on the innovative and award-winning SpecMetrix(R) coating measurement systems, visit http://www.sensoryanalytics.com/
Nordson Corporation
CONTACT: Mark Novotny, Global Marketing Mgr. of Nordson Corporation, +1-440-985-4000, container@nordson.com, or Greg Frisby, CEO of Sensory Analytics, +1-336-315-6090, greg.frisby@sensoryanalytics.com
Web site: http://www.nordson.com/ http://www.sensoryanalytics.com/
SPX Service Solutions Selected to Manage Vehicle Owner Guides for Ford Motor Company in Asia Pacific and Africa
CHARLOTTE, N.C., April 22 /PRNewswire-FirstCall/ -- SPX Corporation today announced that its Service Solutions business has been selected by the Ford Motor Company to support the centralization of owner guides across Asia Pacific and Africa.
"We are a content management partner to Ford and have the expertise to provide a quality transition for its owner guides," said David Kowalski, segment president, SPX. "We are excited about the opportunity to work with Ford and its markets in Asia Pacific and Africa, in delivering this important centralization project," he added.
SPX plans to lead the project from Australia and coordinate with Service Solutions' offices in Asia Pacific, Europe and the Americas. The project is scheduled to begin in August. According to Kowalski, SPX Service Solutions provides content management expertise to many global automotive original equipment manufacturers (OEMs).
"We are undertaking this multi-year project to coordinate the content of owner guides in our many markets in this region," said Mark Cruse, Technical Support Operations Manager, Customer Service Operations, Ford Asia Pacific and Africa. "This will help ensure consistency and synergy across multiple vehicle platforms and configurations, and will ultimately help our markets to provide top quality information to vehicle owners.
"We have selected SPX Service Solutions as our partner for authoring, translation, production and logistics. Its global presence and expertise in all facets of automotive service makes it an ideal partner for this venture," he added.
Current economic and market forecasting from industry sources predicts 800,000 to one million Ford vehicles will be in demand in Asia Pacific and Africa markets over the next two years, with that number doubling by 2012. Total OEM vehicle sales in these markets are forecasted to exceed 21 million in 2008.
SPX Service Solutions, headquartered in Southfield, Michigan and with offices around the world, designs, manufactures and markets a fully integrated family of global brands providing special service tools, advanced diagnostic and shop equipment and technical information for vehicle servicing and maintenance.
SPX Corporation is a Fortune 500 multi-industry manufacturing leader. The company offers highly-specialized engineered solutions to solve critical problems for customers.
SPX is focused on providing solutions that support the expansion of global infrastructure, with particular emphasis on the growing worldwide demand for energy and power. Its innovative product portfolio, containing many environmentally friendly products, includes cooling systems for all types of power plants throughout the world; custom engineered pumps, valves and mixers that assist a variety of flow processes including oil and gas exploration, distribution and refinement; handheld diagnostic tools that aid in vehicle maintenance and repair; and power transformers that regulate voltage for electrical transmission and distribution by utility companies.
SPX is headquartered in Charlotte, North Carolina and employs over 17,000 people worldwide in over 35 countries. Visit http://www.spx.com/ .
Certain statements in this press release, including any statements as to market opportunities, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. Please refer to our public filings for a discussion of certain important factors that relate to forward-looking statements contained in this press release. The words "scheduled," "planned" and similar expressions identify forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.
SPX Corporation
CONTACT: Jeremy W. Smeltser (Investors), +1-704-752-4478, investor@spx.com, or Jennifer H. Epstein (Media), +1-704-752-7403, jennifer.epstein@spx.com, both of SPX Corporation
Web site: http://www.spx.com/
CACI Announces the Release of 'Our Good Name'The Book That Sets the Record Straight and Documents the Truth About CACI's Work at Abu Ghraib
ARLINGTON, Va., April 22 /PRNewswire-FirstCall/ -- CACI International Inc announced today the release of Our Good Name, A Company's Fight to Defend Its Honor and Get the Truth Told About Abu Ghraib. The book comprehensively recounts how the Iraqi prison scandal of 2004 unexpectedly dragged the Virginia-based contractor into the international spotlight and put the company's dedicated employees, reputation, and future at risk.
As told by company chairman Dr. J. Phillip ("Jack") London and the CACI team who defended the company during the Abu Ghraib crisis, Our Good Name offers a unique inside look at how the company prevailed against allegations surrounding an employee who was precipitously and wrongly accused of responsibility for abuses at Abu Ghraib. It is a story of how CACI coped with the misplaced anger and harsh criticism that followed during the media-driven crisis.
As London explains, "Our Good Name is about CACI and the media frenzy that spun out of control and perpetuated the sensationalism surrounding the Abu Ghraib scandal. It is a factual account of how the CACI team fought for the truth, as well as for the 9,500 CACI employees (2004) whose livelihoods were put at risk because of the rush to judgment. We were just as appalled as everyone at the behavior depicted in the Abu Ghraib photos, but there were too many errors and inconsistencies in the allegations to believe we were somehow central to the blame for these actions. No CACI people appeared in any of the horrendous abuse photographs, and we had not heard about any problems from the Army in Iraq. We had to get the bottom of these allegations fast, but act only when the facts were known. Our reputation and our future existence were at stake."
Our Good Name outlines the development and implementation of CACI's innovative crisis response strategy, highlighting the team-focused leadership style of Jack London, a U.S. Naval Academy graduate and the company's CEO at the time. Following the principles established in the company's award-winning ethics program, CACI's strategy was based on a policy of open and honest communications with all stakeholders -- clients, employees, shareholders -- including its main customer, the U.S. government.
Unlike the media and other critics who were quick to condemn the company, CACI held fast to the standard of "innocent until proven guilty." This meant CACI's strategy had to include a wide-ranging and painstaking effort to correct the public record as the media amplified every mistake, exaggeration, rumor, and innuendo about the company. The book also chronicles how pundits and other opportunists used CACI's turmoil over Abu Ghraib to promote their own agendas and how the company stood firm against these and other detractors.
Our Good Name is a thoroughly documented examination of the allegations against CACI, using official U.S. government records, sworn public testimony, and other factual public records. Official government investigations not only dramatically backed away from the initial suspicions about a single CACI interrogator at Abu Ghraib, but four years later not one current or former CACI employee has been charged with or found culpable of any wrongdoing at Abu Ghraib. The preponderance of factual evidence demonstrated that CACI personnel were not responsible for the horrific events at Abu Ghraib and, in fact, that contractors like CACI had provided a valuable service to the military.
Even after the initial media uproar subsided, CACI continued to face challenges about Abu Ghraib from critics and members of the public who could not accept that the accusatory reports they had embraced as fact were simply wrong. In the end, CACI's determination prevailed, and the company continues to grow through valuable service to its important customers, with its good name prevailing.
The company's commitment to ethical business practices was recently recognized by the independent Ethisphere Institute when it named CACI to its list of Best Overall Ethics Programs. Among the company's scores, CACI received the highest classification of "Excellent" and placed third among the 100 Largest Government Contractors. In addition, CACI placed second among Fortune magazine's Most Admired IT Service Companies in the magazine's Most Admired Companies list, as well as second among Fortune's Most Admired Companies in Virginia.
Today CACI is the largest software developer, the third largest systems integrator, and the fourth largest IT employer in the Washington, D.C. metropolitan area. The company is a valuable national asset, dedicated to serving the nation's armed forces, homeland security, and the American people. CACI is committed to a safe, secure America and to being ever vigilant in the war on terror.
All company royalties from the sale of Our Good Name are being donated to charitable causes for disabled veterans.
For more information, including excerpts from the book, visit http://www.ourgoodnamethebook.com/.
CACI International Inc provides the IT and network solutions needed to prevail in today's new era of national security, intelligence, and e-government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of national security and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 11,800 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/.
For further information contact:
Jody Brown
Executive Vice President, Public Relations
(703) 841-7801
jbrown@caci.com
CACI International Inc
CONTACT: Jody Brown, Executive Vice President, Public Relations of CACI International Inc, +1-703-841-7801, jbrown@caci.com
Web site: http://www.caci.com/ http://www.ourgoodnamethebook.com/
SI International Awarded Enterprise Program Management II Contracts
RESTON, Va., April 22 /PRNewswire-FirstCall/ -- SI International, Inc. , an information technology and network solutions (IT) company, announced today that the Company has been awarded three Enterprise Program Management II (EPM II) contracts with the National Security Agency (NSA). Under these single award IDIQ contracts, SI International will support enterprise-wide systems engineering and program management for the efficient and effective modernization of the NSA. The prime contracts have cumulative ceiling values of over $131 million over a 5 year performance period with a potential ceiling expansion of an additional $200 million.
The EPM II Program was established to support the NSA acquisition organization and provides the contract vehicles by which the Agency will obtain acquisition support for the portfolios managed by each of the Program Executive Offices (PEOs). Major subcontractors on the SI International EPM II Team include Booz | Allen | Hamilton and Lockheed Martin.
"We bring a seamless link to the culture and traditions of the Department of Defense, enabling NSA to rapidly acquire and manage technology and services to support its global missions. Our strong knowledge of the agency's acquisition environment allows us to provide rapid response and help the agency assure mission success," said Brad Antle, President and CEO of SI International.
About SI International: SI International, a member of the Russell 2000 and S&P SmallCap 600 indices, is a provider of information technology and network solutions (IT) primarily to the federal government. The Company combines technology and industry expertise to provide a full spectrum of state-of-the- practice solutions and services, from design and development to documentation and operations, to assist clients in achieving their missions. SI International is ranked as the 42nd largest Federal Prime IT Contractor by Washington Technology and has approximately 4,500 employees. More information about SI International can be found at http://www.si-intl.com/.
The above-referenced statements may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals, financial information or reporting, and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward- looking statements may involve a number of risks and uncertainties, which are described in the Company's filings with the Securities and Exchange Commission. These risks and uncertainties include: changes in federal government (or other applicable) procurement laws, regulations, policies and budgets; risks relating to contract performance; changes in the competitive environment (including as a result of bid protests); and the important factors discussed in the Risk Factors section of the annual report on Form 10-K filed by the Company with the Securities and Exchange Commission and available directly from the Commission at http://www.sec.gov/. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact: Alan Hill
VP. Corp. Communications
703-234-6854
alan.hill@si-intl.com
SI International, Inc.
CONTACT: Alan Hill, VP. Corp. Communications of SI International, Inc., +1-703-234-6854, alan.hill@si-intl.com
Web site: http://www.si-intl.com/
Phoenix Technologies Ltd. Reports Second Quarter FY2008 Financial ResultsRevenues Increase 89% Over Prior Year Second Quarter
MILPITAS, Calif., April 22 /PRNewswire-FirstCall/ -- Phoenix Technologies Ltd. , the global leader in core systems software, today announced its financial results for the second quarter of fiscal year 2008, which ended March 31, 2008.
Highlights for Q2 FY2008 included:
-- Total revenues grew approximately 89% to $17.1 million, compared with
$9.0 million in Q2 FY2007;
-- Gross margin improved to 89% of revenue, compared with 73% of revenue
in Q2 FY2007;
-- GAAP net loss was ($1.4 million), or ($0.05) per diluted share,
compared with a loss of ($6.0 million), or ($0.23) per share in Q2
FY2007;
-- On a non-GAAP basis, net income was $2.3 million, or $0.08 per diluted
share, compared with a non-GAAP net loss of ($3.2 million), or ($0.13)
per share in Q2 FY2007.
Other financial highlights include:
-- $7.5 million in positive cash flow from operations, compared to
($0.5 million) in negative cash flow from operations for Q2 FY2007;
-- Deferred revenue of $14.4 million, compared to $11.8 million at
September 30, 2007;
-- Cash and cash equivalents were $79.0 million, compared to $62.7 million
at September 30, 2007.
President and CEO Woody Hobbs said, "Phoenix is an exciting company which serves not only as a great vehicle for immediate value but as the foundation of the next generation of personal computing. We are reporting another very successful quarter, which underscores the strength of our core business. We are delivering solid margins and cash flow while simultaneously building a new scalable infrastructure and new products needed to execute against our game-changing strategic goals.
"Over the last two months we have announced agreements to acquire BeInSync and TouchStone Software, moving us closer to the realization of PC 3.0(TM), which we expect will create a radical and revolutionary transformation of the PC user experience. We also announced numerous major partnerships for Phoenix FailSafe(TM) and HyperSpace(TM), laying the foundation for additional revenue in future quarters."
Richard Arnold, COO and CFO, said, "During the second quarter we posted impressive year-over-year revenue growth and delivered sustained and growing cash flow, which has enabled us to internally fund our merger and acquisitions program. From a bookings perspective, we had a very strong quarter, ending with unbilled Volume Purchase commitments above $40 million, representing a more than 100% increase over the prior year quarter. Combined with deferred revenues, our total order backlog for the quarter is now nearly $55 million, or 92% higher than year-ago levels. This positions us well for sustained revenue growth over future quarters as we begin to invoice and recognize this revenue."
Conference Call
The Company will conduct its regularly scheduled financial announcement conference call on Tuesday, April 22, 2008, at 5:30 a.m. PT (8:30 a.m. ET). Investors are invited to listen to a live audio web cast of the quarterly conference call on the investor relations section of the Company's website at http://investor.phoenix.com/webcasts.cfm, which will also contain supplemental financial information related to the conference call. A replay of the web cast will be available two hours after the conclusion of the call and will be available for 30 calendar days. Alternatively, investors can listen to the conference call via telephone at: 800-896-8445 (U.S./Canada) or 785-830-1916 (international). An audio replay of the conference call will also be available approximately two hours after the conclusion of the call and will be available until 8:30 a.m. PT on Friday, April 25, 2008. The audio replay can be accessed by dialing 888-203-1112 (U.S./Canada) or 719-457-0820 (international) and entering conference call ID 4588040.
About Phoenix Technologies
Phoenix Technologies Ltd. is the global market leader in system firmware that provides the most secure foundation for today's computing environments. The PC industry's top builders and specifiers trust Phoenix to pioneer open standards and deliver innovative solutions that will help them differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products, AwardCore, SecureCore, FailSafe and HyperSpace, are revolutionizing the PC user experience by delivering unprecedented security, reliability and ease-of-use. The Company established industry leadership with its original BIOS product in 1983, has 155 technology patents and 139 pending applications, and has shipped in over one billion systems. Phoenix is headquartered in Milpitas, California with offices worldwide. For more information, visit http://www.phoenix.com/
Phoenix, Phoenix Technologies, Phoenix FailSafe, HyperSpace, HyperCore, PC 3.0 and the Phoenix Technologies logo are trademarks and/or registered trademarks of Phoenix Technologies Ltd. All other trademarks are the property of their respective owners.
Use of Non-GAAP Financial Information
To supplement Phoenix's consolidated condensed financial statements presented on a GAAP basis, Phoenix also presents non-GAAP net income (loss) information in this press release. Total non-GAAP adjustments in the second quarter of fiscal year 2008 were $3.7 million compared to $2.7 million of non-GAAP adjustments in the second quarter of fiscal year 2007. The adjustments in the current quarter consist principally of non-cash stock compensation expense as required according to Statement of Financial Accounting Standards (SFAS 123R). These non-GAAP adjustments, as well as management's reasons for providing non-GAAP information, are more fully described in the reconciliation between net income (loss) on a GAAP basis and non-GAAP net income (loss) provided in the financial statements which accompany this press release.
Safe Harbor
With the exception of historical information, the statements set forth above include 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, regarding the Company's ability to maintain its current level of operational efficiency and financial performance, the prospects and impact of the Company's recently announced acquisitions and partnerships, and the Company's vision for its new products and PC 3.0. These statements involve risk and uncertainties, including: our dependence on key customers; our ability to successfully enhance existing products and develop and market new products and technologies; our ability to remain profitable; our ability to meet our capital requirements in the long-term and maintain positive cash flow from operations; our ability to attract and retain key personnel; product and price competition in our industry and the markets in which we operate; our ability to successfully compete in new markets where we do not have significant prior experience; end-user demand for products incorporating our products; the ability of our customers to introduce and market new products that incorporate our products; risks associated with any acquisition strategy that we might employ; results of litigation; failure to protect our intellectual property rights; changes in our relationship with leading software and semiconductor companies; the rate of adoption of new operating system and microprocessor design technology; risks associated with our international sales and operating internationally, including currency fluctuations, acts of war or terrorism, and changes in laws and regulations relating to our employees in international locations; whether future restructurings become necessary; our ability to increase the number of volume purchase agreements and pay-as-you-go arrangements with customers; any material weakness in our internal controls over financial reporting; changes in financial accounting standards and our cost of compliance; the effects of any software viruses or other breaches of our network security, power shortages and unexpected natural disasters; trends regarding the use of the x86 microprocessor architecture for personal computers and other digital devices; and changes in our effective tax rates. For a further list and description of risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements in this release, we refer you to the Company's filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements included in this document are based upon assumptions, forecasts and information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward-looking statements.
Investor Relations Contacts:
Phoenix Technologies Ltd.
Richard Arnold
Chief Operating Officer and Chief Financial Officer
Tel. +1 408 570 1256
investor_relations@phoenix.com
The Piacente Group, Investor Relations
Sanjay M. Hurry
Tel. +1 212 481 2050
phoenix@thepiacentegroup.com
PHOENIX TECHNOLOGIES LTD.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(unaudited)
March 31, September 30,
2008 2007
Assets
Current assets:
Cash and cash equivalents $78,985 $62,705
Accounts receivable, net of allowances 4,018 6,383
Other assets - current 1,894 3,496
Total current assets 84,897 72,584
Property and equipment, net 2,709 2,791
Purchased technology and intangible assets,
net 3,500 3,571
Goodwill 14,497 14,497
Other assets - noncurrent 3,132 1,037
Total assets $108,735 $94,480
Liabilities and stockholders' equity
Current liabilities:
Accounts payable $1,182 $1,186
Accrued compensation and related
liabilities 3,646 3,922
Deferred revenue 14,383 11,805
Income taxes payable 3,177 11,733
Accrued restructuring charges - current 813 1,905
Other liabilities - current 2,393 1,744
Total current liabilities 25,594 32,295
Accrued restructuring charges - noncurrent 37 358
Income taxes payable - noncurrent 12,163 -
Other liabilities - noncurrent 2,328 2,055
Total liabilities 40,122 34,708
Stockholders' equity:
Preferred stock - -
Common stock 28 28
Additional paid-in capital 215,037 206,800
Accumulated deficit (54,436) (55,311)
Accumulated other comprehensive loss (338) (67)
Less: Cost of treasury stock (91,678) (91,678)
Total stockholders' equity 68,613 59,772
Total liabilities and stockholders'
equity $108,735 $94,480
See notes to unaudited condensed consolidated financial statements
PHOENIX TECHNOLOGIES LTD.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share amounts)
(unaudited)
Three months ended Six months ended
March 31, March 31,
2008 2007 2008 2007
Revenues:
License fees $14,818 $7,475 $30,227 $15,399
Service fees 2,242 1,573 4,197 3,373
Total revenues 17,060 9,048 34,424 18,772
Cost of revenues:
License fees 83 227 242 492
Service fees 1,719 1,960 3,517 3,957
Amortization of purchased
technology - 291 71 583
Total cost of revenues 1,802 2,478 3,830 5,032
Gross margin 15,258 6,570 30,594 13,740
Operating expenses:
Research and development 6,569 4,306 11,672 8,852
Sales and marketing 2,769 2,705 5,640 6,845
General and administrative 5,586 4,411 9,513 8,639
Restructuring 44 885 113 3,096
Total operating expenses 14,968 12,307 26,938 27,432
Income (loss) from operations 290 (5,737) 3,656 (13,692)
Interest and other income (expenses),
net (403) 462 274 1,035
Income (loss) before income taxes (113) (5,275) 3,930 (12,657)
Income tax expense 1,252 681 2,803 1,310
Net income (loss) $(1,365) $(5,956) $1,127 $(13,967)
Earnings (loss) per share:
Basic $(0.05) $(0.23) $0.04 $(0.55)
Diluted $(0.05) $(0.23) $0.04 $(0.55)
Shares used in earnings (loss) per
share calculation:
Basic 27,431 25,686 27,291 25,580
Diluted 27,431 25,686 29,114 25,580
See notes to unaudited condensed consolidated financial statements
PHOENIX TECHNOLOGIES LTD.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
Three months ended Six months ended
March 31, Dec. 31, March 31, March 31,
2008 2007 2007 2008 2007
Cash flows from operating
activities:
Net income (loss) $(1,365) $2,492 $(5,956) $1,127 $(13,967)
Reconciliation to net
cash provided by (used
in) operating
activities:
Depreciation and
amortization 501 550 827 1,051 1,712
Stock-based compensation 3,665 1,022 1,604 4,687 2,755
Loss from disposal of
fixed assets - 33 (1) 33 27
Change in operating
assets and liabilities:
Accounts receivable 942 1,319 (889) 2,261 1,603
Prepaid royalties and
maintenance 3 29 25 32 68
Other assets (882) 332 1,001 (550) 1,090
Accounts payable (177) 174 55 (3) (1,559)
Accrued compensation
and related
liabilities 645 (933) (235) (288) (1,036)
Deferred revenue 2,267 197 4,673 2,464 2,224
Income taxes 1,755 1,452 271 3,207 343
Accrued restructuring
charges (246) (1,230) (1,206) (1,476) (2,276)
Other accrued
liabilities 348 530 (707) 878 (1,756)
Net cash provided by
(used in) operating
activities 7,456 5,967 (538) 13,423 (10,772)
Cash flows from investing
activities:
Proceeds from sales of
marketable securities - - 55,306 - 103,435
Proceeds from maturities
of marketable securities - - 8,500 - 8,500
Purchases of marketable
securities - - (41,100) - (89,125)
Purchases of property and
equipment (316) (615) (12) (931) (100)
Purchases of technology - - - - -
Net cash provided by
investing activities (316) (615) 22,694 (931) 22,710
Cash flows from financing
activities:
Proceeds from stock
purchases under stock
option and stock
purchase plans 1,355 2,195 1,007 3,550 1,572
Net cash provided by
financing activities 1,355 2,195 1,007 3,550 1,572
Effect of changes in
exchange rates 191 47 4 238 40
Net increase in cash and
cash equivalents 8,686 7,594 23,167 16,280 13,550
Cash and cash equivalents
at beginning of period 70,299 62,705 25,126 62,705 34,743
Cash and cash equivalents
at end of period $78,985 $70,299 $48,293 $78,985 $48,293
See notes to unaudited condensed consolidated financial statements
PHOENIX TECHNOLOGIES LTD.
RECONCILIATION OF GAAP TO NON-GAAP NET INCOME (LOSS) AND
NET EARNINGS (LOSS) PER SHARE
(in thousands, except per share data)
(unaudited)
Three months ended Six months ended
March 31, Dec. 31, March 31, March 31,
2008 2007 2007 2008 2007
GAAP net income (loss) $(1,365) $2,492 $(5,956) $1,127 $(13,967)
Equity-based compensation
expense under SFAS
No. 123(R) (1) 3,665 1,022 1,568 4,687 2,703
Restructuring (2) 44 69 885 113 3,096
Amortization of purchased
technology (3) - 71 291 71 583
Non-GAAP net income
(loss) $2,344 $3,654 $(3,212) $5,998 $(7,585)
Non-GAAP earnings (loss)
per share:
Basic $0.09 $0.13 $(0.13) $0.22 $(0.30)
Diluted $0.08 $0.13 $(0.13) $0.21 $(0.30)
Shares used in earnings
(loss) per share
calculation:
Basic 27,431 27,149 25,686 27,291 25,580
Diluted 29,514 28,961 25,686 29,114 25,580
These adjustments reconcile the Company's GAAP net income (loss) to the
reported non-GAAP net income (loss). The Company believes that
presentation of net income and net income per share excluding
equity-based compensation, restructuring cost, and amortization of
purchase technology provides meaningful supplemental information to
investors, as well as management, that is indicative of the Company's
core operating results and facilitates comparison of operating results
across reporting periods as well as comparison with other companies. The
Company uses these non-GAAP measures when evaluating its financial
results as well as for internal planning and budgeting purposes.
Equity-based compensation and restructuring costs are excluded from
non-GAAP financial results since they may not be considered directly
related to our on-going business operations. Amortization of purchased
technology is excluded from non-GAAP financial results since it generally
cannot be changed by management after an acquisition of technology has
occurred. These non-GAAP measures should not be viewed as a substitute
for the Company's GAAP results, and may be different than non-GAAP
measures used by other companies.
(1) This number represents equity-based compensation expense related to
the Company's adoption of SFAS No. 123(R) beginning October 1, 2005.
For the three months ended March 31, 2008, equity-based
compensation was $3.7 million, allocated as follows: $0.1 million
to cost of goods sold, $1.0 million to research and development,
$0.4 million to sales and marketing and $2.2 million to general and
administrative. For the three months ended December 31, 2007,
equity-based compensation was $1.0 million, allocated as follows:
$0.1 million to cost of goods sold, $0.2 million to research and
development, $0.2 million to sales and marketing and $0.5 million to
general and administrative. For the three months ended March 31,
2007, equity-based compensation was $1.6 million, allocated as
follows: $0.1 million to cost of goods sold, $0.3 million to
research and development, $0.2 million to sales and marketing and
$1.0 million to general and administrative. For the six months
ending March 31, 2008, equity-based compensation was $4.7 million,
allocated as follows: $0.2 million to cost of goods sold,
$1.1 million to research and development, $0.6 million to sales and
marketing and $2.8 million to general and administrative. For the
six months ending March 31, 2007, equity-based compensation was
$2.7 million, allocated as follows: $0.1 million to cost of goods
sold, $0.6 million to research and development, $0.5 million to
sales and marketing and $1.5 million to general and administrative.
Management believes that it is useful to investors to understand how
the expenses associated with the adoption of SFAS No. 123(R) are
reflected in net income.
The quarter ended March 31, 2008 is the first quarter during in
which the Company reported equity-based compensation expense under
SFAS No. 123(R) in respect of stock options granted to the Company's
four most senior executives as approved by the Company's
stockholders on January 2, 2008 (the "Performance Options"). Of the
$3.7 million of equity-based compensation for the three moths ended
March 31, 2008, $2.0 million was due to equity-based compensation
expense which resulted from the grant of the Performance Options.
(2) The Company has incurred restructuring expenses, included in its
GAAP presentation of operating expense, primarily due to workforce
related charges such as payments for severance and benefits and
estimated costs of exiting and terminating facility lease
commitments related to formal restructuring plans approved by the
Board of Directors in June 2006, in September 2006, November 2006
and September 2007. For the three months ended March 31, 2008, cost
related to exiting and terminating 2 facility leases totaled
approximately $47,000 and severance and benefits decreased for over
accrued employer taxes of approximately $3,000. For the three
months ended December 31, 2007, severance and benefits totaled
$0.1 million and cost related to exiting and terminating 2 facility
leases totaled $0.1 million. These costs were partly offset when
the Company decreased its fiscal year 2003 restructuring reserve for
the Irvine facility by $0.1 million due to projected income from the
signing of a new sublease over the remaining term of the lease. For
the three months ending March 31, 2007, restructuring costs were
$0.9 million. The Company decreased the September and November 2006
restructuring reserves by $0.1 million due to a revised projection
of outplacement and health insurance benefits liability. Also,
costs related to terminating facility leases totaled $1.0 million.
For the six months ending March 31, 2008, restructuring costs were
$0.1 million. The severance and benefits costs totaled
approximately $80,000. The facilities lease costs totaled
approximately $30,000. For the six months ending March 31, 2007,
restructuring costs were $3.1 million. The severance and benefits
costs totaled $1.8 million. Included as part of the total severance
and benefits cost, the Company decreased the September and November
2006 restructuring reserves by $0.1 million due to a revised
projection of outplacement and health insurance benefits liability.
Costs related to terminating facility leases totaled $1.3 million.
Included as part of the total lease termination cost, the Company
decreased the fiscal year 2003 restructuring reserve for the Irvine
facility by $0.1 million due to a revised projection of the
liability over the remaining term of the lease. The Company believes
that these items do not reflect expected future operating expenses
nor does the Company believe that they provide a meaningful
evaluation of current versus past operational performance.
(3) This number represents amortization of purchase technology in
accordance with SFAS No. 144, "Accounting for the Impairment or
Disposal of Long-Lived Assets" ("SFAS No. 144") and SFAS No. 86,
"Accounting for the Costs of Computer Software to Be Sold, Leased,
or Otherwise Marketed" ("SFAS No. 86"). For the three months ended
March 31, 2008, there was no amortization of purchased technology.
For the six months ending March 31, 2008, amortization of purchase
technology was $0.1 million allocated to cost of goods sold. Future
acquisitions may cause amortization expenses to be higher than these
amounts. For the three months ended December 31, 2007,
amortization of purchase technology was $0.1 million allocated to
cost of goods sold. For the three months ended March 31, 2007,
amortization of purchase technology was $0.3 million allocated to
cost of goods sold. For the six months ending March 31, 2007,
amortization of purchase technology was $0.6 million allocated to
cost of goods sold.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO)
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Phoenix Technologies Ltd.
CONTACT: Richard Arnold, Chief Operating Officer and Chief Financial Officer of Phoenix Technologies Ltd., +1-408-570-1256, investor_relations@phoenix.com; or Sanjay M. Hurry of The Piacente Group, +1-212-481-2050, phoenix@thepiacentegroup.com, for Phoenix Technologies Ltd.
Web site: http://www.phoenix.com/
AsiaInfo Signs Contract to Upgrade China Mobile's Nationwide WLAN Authentication and Billing System
Network to Provide Wireless Internet Coverage at 2008 Beijing Olympic Games
BEIJING and SANTA CLARA, Calif., April 22 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. , a leading provider of telecom software solutions and IT security products and services in China, today announced that it has signed a contract with China Mobile to upgrade its Wireless Local Area Network ("WLAN") authentication and billing system to satisfy increased subscriber demand expected during the 2008 Beijing Olympic Games.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040312/CNF002LOGO )
China Mobile's WLAN business has gradually gained customer acceptance since 2002, and the 2008 Beijing Olympic Games are expected to increase demand for WLAN services. As partner of the Beijing 2008 Olympic Games, China Mobile will provide a communications network and related services for the Beijing 2008 Olympic Games. Journalists, athletes and tourists are expected to be the primary users of the service during the Olympic Games. The upgraded system will have the capacity to support 5 million users and can support both static and dynamic password authentication technology.
"The Olympic Games provide an ideal platform for the telecommunications industry to showcase new and innovative services," said Steve Zhang, AsiaInfo's president and chief executive officer. "Our leading market position and longstanding relationship with China Mobile allows us to leverage our world class telecom software solutions to support their WLAN coverage of Olympic venues, which will be the first network of its kind in Olympic history."
The Olympic WLAN network is a high speed wireless data transmission network constructed by China Mobile for the 2008 Beijing Olympic Games. The network will provide high-speed wireless Internet access for end users in Olympic gymnasiums, stadiums and surrounding areas in Olympic cities including Beijing, Tianjin, and Shanghai.
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. is a leading provider of high- quality telecom software solutions and IT security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of IT security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.
Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.
For more information about AsiaInfo, please visit http://www.asiainfo.com/ .
The information contained in this document is as of April 22, 2008. AsiaInfo assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments.
This document contains forward-looking information about AsiaInfo's operating results and business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: government telecommunications infrastructure and budgetary policy in China; our ability to maintain our concentrated customer base; the long and variable billing cycles for our products and services that can cause our revenues and operating results to vary significantly from period to period; our ability to meet our working capital requirements; our ability to retain our executive officers; our ability to attract and retain skilled personnel; potential liabilities we are exposed to because we extend warranties to our customers; risks associated with cost overruns and delays; our ability to develop or acquire new products or enhancements to our software products that are marketable on a timely and cost-effective basis; our ability to adequately protect our proprietary rights; the competitive nature of the markets we operate in; political and economic policies of the Chinese government. A further list and description of these risks, uncertainties, and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2007, and in our periodic reports on Forms 10-Q and 8-K (if any) filed with the United States Securities and Exchange Commission and available at http://www.sec.gov/ .
For Investors and Media:
Justin Knapp
Ogilvy Public Relations Worldwide
Tel: +86-10-8520-6556
Email: justin.knapp@ogilvy.com
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AsiaInfo Holdings, Inc.
CONTACT: For Investors and Media, Justin Knapp of Ogilvy Public Relations Worldwide, +86-10-8520-6556, or justin.knapp@ogilvy.com
Web Site: http://www.asiainfo.com/
Interwoven Showcases at GearUp 2008 New Capabilities to Help Organizations Maximize Online Business PerformanceInnovations Build on Interwoven's Leadership in Web Content Management by Enabling Marketers to Create, Deliver, and Optimize Content
SAN FRANCISCO, April 22 /PRNewswire-FirstCall/ -- GEARUP 2008 -- Interwoven, Inc. , a global leader in content management solutions, today highlighted a series of significant innovations designed to allow organizations to maximize their online business performance. These new capabilities enable organizations to unlock the value of content, digital assets, customer engagement, and marketing creativity, while providing a strong foundation for leveraging the power of the Web to strengthen their brand and drive business success. The company unveiled these solutions at GearUp, Interwoven's annual customer conference taking place April 22 - 24 at the Marriott Hotel in San Francisco.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO)
These innovations include the following:
-- Significant enhancements to Interwoven TeamSite to allow marketers to
more easily and rapidly create microsites, landing pages, and content
for marketing campaigns to captivate and engage customers.
-- Significant enhancements to Interwoven Targeting and Interwoven
LiveSite to allow marketers to deliver Websites that sizzle with
engaging, relevant, and dynamic content. These include new features
that allow businesses to deliver targeted content based on geography,
date, time, clickstream, browser and operating system data.
-- Significant enhancements to Interwoven Optimost to allow marketers to
maximize their online marketing investments, by continually testing
and optimizing their Website.
"The Web is the new battleground in the insurance industry, as increasingly Web savvy consumers select their insurance provider based on their online experience," said Craig Oldham, Director of Internet Marketing at Allstate Insurance. "As such, marketers need a solution that empowers them to create, deliver, and optimize content that will engage individuals in the digital marketplace. It is exciting to see Interwoven build on its strategy to help businesses maximize online performance. Their new solutions should enable customers to continue to leverage content in creative ways."
"Content is at the heart of what drives online business performance," said Steve Furman, Marketing Director at Discover Financial. "Whether we are creating a new landing page to maximize a search engine optimization strategy, creating a new campaign, or launching a new product, ultimately we rely on the ability to deliver compelling, timely, and relevant content to engage our site visitors. We need the right tools that unlock the value of content and help our marketing team leverage this essential asset."
Create Websites that Move at the Speed of Now with Advanced Features in Interwoven TeamSite
Marketers are under immense pressure to react to market changes more quickly, move faster than the competition, rapidly execute global marketing campaigns and product rollouts, and respond to changing customer preferences on the fly. To effectively attract and engage customers online, marketing departments need to quickly and easily create landing pages, entire Web sites and a variety of interactive online campaigns that will enable them to unlock the potential of their interactive strategies.
Interwoven is showcasing at GearUp an enhanced version of Interwoven TeamSite that includes several innovations designed to help marketers more rapidly create a compelling online presence, including:
-- Over 90 new out-of-the box TeamSite Site Publisher building blocks
that enable marketers to rapidly build landing pages, microsites and
entire Web sites. These include the following components:
-- Social Computing Components to implement 5-Star Rating, Polling,
RSS and other feedback mechanisms to better engage with online
customers;
-- Digital Asset Components to enrich Websites with engaging image
slideshows, photo galleries or Adobe Flash;
-- Marketing Components to accelerate the assembly of critical
campaign content such as advertisements, promotions, product
descriptions, and custom forms; and
-- Page Element Components to easily add essential page content and
design including registration, headers, footers, and navigation.
-- New TeamSite SitePublisher fixed area layout capabilities that empower
marketers to easily create Websites, while allowing IT to maintain
control over the page template.
-- A new tag interface that allows individuals to be more productive by
making it easy for them to tag multiple Web assets in a single step,
while maintaining consistency and accuracy for the metadata keywords.
-- Enhanced invisible content management capabilities that allow
marketers to contribute content to the Web directly from tools like
Microsoft Office.
-- Improved performance capabilities and updated platform and browser
support for TeamSite, TeamSite ReportCenter and TeamSite
SitePublisher.
Deliver Timely, Relevant and Engaging Websites with New Capabilities for Interwoven Targeting and Interwoven LiveSite
To maximize online business performance, organizations recognize that they must provide a dynamic and compelling Web presence. More and more, customers are expecting a richer and more targeted online experience, and organizations need to be able to deliver timely, relevant content.
To help deliver the right content to the right customer at the right time, Interwoven highlighted new capabilities for Interwoven Targeting and Interwoven LiveSite that help unlock the value of online targeting strategies and customer data. The new capabilities include the following:
Interwoven Targeting
-- New capabilities that allow marketers to target content based on
geography, date, time, clickstream, browser and operating system to
deliver relevant content experiences to both known and anonymous
Website visitors.
-- For example, through testing and tracking, a car rental company could
identify that Web visitors from San Francisco are more likely to
respond to offers for special rates on convertibles on the weekends
and visitors from New York are more likely to respond to offers for
special rates on compact cars during the week. Using Interwoven
Targeting, the rental car company could then deliver the right offers
to the right visitors based on their physical location.
Interwoven LiveSite
-- Enhanced capabilities to allow marketing and IT teams to accelerate
the delivery of dynamic content for a captivating customer experience.
-- New tag libraries allow marketing teams to maintain control over
sections of a Web page for targeted, dynamic promotions and content,
while IT maintains the rest of the page in their existing portal or
custom delivery environment.
-- Ability to define search engine-friendly URLs and deliver SEO-ready
sites. This allows marketers to create a tighter link between their
search engine strategies and the content they deliver to visitors
responding to search queries.
Optimize the Customer Experience with Enhancements to Interwoven Optimost
Marketers need to continually test and optimize their Website to maximize their online marketing investments. They are looking for proven ways for improving conversion rates, increase lift, and online revenue. Many organizations have begun to test content across their online campaigns, but marketing teams cannot address this huge challenge simply with manual or A-B testing approaches.
Interwoven has delivered important enhancements to the Multivariable Optimization solution, powered by Interwoven Optimost, to help customers identify the most compelling combination of content and layout to enhance customer engagement. The new capabilities include:
-- Addition of internal Website search engine results to expand testing
and targeting of content.
-- Enhanced account "home page" to easily retrieve experimentation
portfolios and related documents across the entire company.
-- Customizable campaign consoles for Interwoven creative agency partners
to view real-time results of their customer tests.
Interwoven is expanding resources to support the demand for Interwoven Optimost, including:
-- Announcing today that seven leading interactive marketing firms --
Avenue A | Razorfish, Digitaria, Earthbound Media Group, Molecular,
One to One Interactive, Roundarch, and Stratigent -- have been
certified on Interwoven Optimost. See related press release
http://www.interwoven.com/opticert.
-- Recently announcing that Interwoven Optimost is now generally
available in the Asia Pacific region. See related press release
http://www.interwoven.com/optimostapac.
"Businesses today are under immense pressure to transform their Web presence into an asset that engages customers and drives growth," said Joe Cowan, CEO at Interwoven. "The innovations we are highlighting this week at GearUp underscore our commitment to deliver the solutions businesses require to build next generation Websites that help them compete in a turbulent and shifting market. This is why the brands that drive the global economy continue to put Interwoven -- and content -- at the core of their online presence."
"Intersections" Podcast -- Maximizing Online Business Performance
For more detailed information on the new innovations designed to enable marketers to maximize online business performance, listen to our "Intersections" Podcast: http://www.interwoven.com/podflagship.
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, 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/.
This information is intended to outline our general product direction and may not be incorporated into any contract and should not be relied upon in making a purchasing decision as it is not a commitment, promise or legal obligation to deliver any material, code or functionality. The development, release, and timing of any features or functionality described for our products remains at our sole discretion.
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Interwoven, Inc.
CONTACT: Randy Cairns of Interwoven, Inc., +1-408-953-7111, rcairns@interwoven.com
Web site: http://www.interwoven.com/
Interwoven Delivers Increased Flexibility and Enhanced Compatibility for Mobile ProfessionalsNew Version of Interwoven WorkSite Mobility Supports All Smart Phones, Offering Users Anytime, Anywhere Access to Content in Interwoven WorkSite
SAN FRANCISCO, April 22 /PRNewswire-FirstCall/ -- GEARUP 2008 -- Recognizing the evolving needs of the professional services industry, Interwoven, Inc. , a global leader in content management solutions, is releasing an enhanced version of Interwoven WorkSite Mobility that empowers a greater number of mobile professionals to organize, find, and govern their business content. Previously available only for BlackBerry users, Interwoven WorkSite Mobility is now also available as a Web-based solution that will support any smart phone device with a browser including those using Windows Mobile, iPhone, Palm OS, and Symbian OS. Using the new mobile Web client, users can access Interwoven WorkSite files without any additional software installation on their device.
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Recent studies indicate a growing number of organizations -- over 75 percent -- are placing increased priority on enabling a mobile workforce, including remote access to business-critical data and applications. Today, almost ninety percent of the top 100 companies in the US offer telecommuting as a way to increase personal productivity and job satisfaction. The extension of mobile access to business applications translates to improved decision making, faster access to critical business data and ultimately, better bottom lines.
Interwoven WorkSite Mobility enables users to access client files, collaborate with colleagues, manage email, and share information with clients through their smart phones. Interwoven WorkSite Mobility provides a fluid user experience that helps professionals locate and access the right content quickly for on-the-fly client interactions. Using a Web-based browser across all devices allows firms to maintain proper data hygiene and governance firm wide.
The smart phone market is rapidly developing to include a myriad of choices for the mobile professional. In the last quarter of 2007, sales of smart phones increased by 163 percent over the year before in the US. By providing anytime, anywhere access to business content through any mobile device, Interwoven WorkSite Mobility can play a pivotal role in an organization's mobility strategy.
"What's most important to us is that we now have a reliable way of retaining information relating to a matter in the one place," said David Kelly, director of Information Systems at Morrison Cohen LLP. "People in our firm spend much of their working time away from their desks, so a centralized electronic matter file just wasn't practical without smart phone integration. We chose Interwoven WorkSite Mobility because it enables our attorneys to locate, access, and file the right content immediately regardless of where they are located."
"Today, professional services firms are becoming more global and employees are spending more time on the road. The ability to provide mobile professionals with access to critical business content is an important component of what Interwoven refers to as 'the firm of the future,'" said Neil Araujo, vice president of professional services industry solutions marketing at Interwoven. "By bringing key information access, document management, and email management capabilities to mobile devices, Interwoven solutions offer the flexibility to meet changing business dynamics, strengthens the ability to mitigate risk, and the mobility necessary to keep staff efficient and productive. Interwoven WorkSite Mobility's advanced features allow client teams greater access to the critical content they need anytime and anywhere."
Availability
Interwoven WorkSite Mobility will be generally available at the end of Q2 2008.
About Interwoven WorkSite Mobility
As a key component of Interwoven's solution for the mobile workplace, WorkSite Mobility enables mobile workers to be productive from anywhere at anytime. Through an innovative approach for filing email and over-the-air information synchronization, mobile users now have a new unique capability to interact with client files and store, send, and attach WorkSite documents to e-mails while collaborating with colleagues or communicating with clients. It provides access to critical business content to help make decisions quickly, as well as share information with workgroups and with clients, managing client correspondence in real time without any additional effort from the user.
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, 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/
Finnegan Transforms Information Accessibility with Interwoven Universal SearchInterwoven Solution Helps Leading Law Firm Unify and Simplify Search Experience
SAN FRANCISCO, April 22 /PRNewswire-FirstCall/ -- GEARUP 2008 -- One of the largest hurdles law firms face today is providing lawyers with simple and fast access to the exact information they are looking for, while at the same time maintaining a secure environment. With information often coming from several sources, firms typically need to search across multiple systems to find pertinent data, creating a confounding array of results that take hours to sort through. Faced with this challenge, leading intellectual property law firm, Finnegan, turned to Interwoven , a global leader in content management solutions, to maximize the value of their information assets and, in turn, the productivity of the staff.
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Finnegan selected Interwoven Universal Search -- Professional Services Edition to provide firm professionals with a solution that immediately and accurately delivers results for ensuring optimal sharing of firm expertise. Interwoven Universal Search enables professionals to securely search, access, and use data from multiple internal and external content sources.
Presented in an intuitive and easy to navigate Web interface, search results are clearly categorized according to subject and document type. In an information-rich business, where content can appear very similar from one data source to the next, search relevancy and clarity can spare professionals hours of wasted time.
"As our firm moved to electronic records, we recognized the need to unify the search experience and create better efficiency for our attorneys," states John Kuttler, director of IT at Finnegan. "When I saw that Interwoven Universal Search could pull from multiple repositories and do so with speed, ease and relevancy, I knew I had found a valuable solution."
For Finnegan's intellectual property attorneys searching for particular patent data, there is an extensive array of information scattered over disparate repositories, including Interwoven WorkSite, the firm's Intranet, the http://www.finnegan.com/ Web site, and the firm's CPI docketing system. Interwoven Universal Search collects the results and spotlights high-value content with advanced visualization and dynamic categorization, making it easy for the Finnegan team to zero in on relevant results.
"Finnegan first selected Interwoven eight years ago, and our decision has continually been validated through Interwoven's ability to innovate and enhance their product line to fit needs of this increasingly complex industry."
Mike Younts, CEO of Younts Consulting, which helped integrate Interwoven Universal Search at Finnegan said, "The essence of this solution is its ability to deliver relevant content all together in one view. Before Interwoven Universal Search, users had to search multiple data sources all with different user interfaces. Now multiple sources of data can be searched within one interface and can be presented in a unified customizable format. Within this format we can highlight important data and allow for the expansion of the view to additional sources. This product greatly enhances the way knowledge workers gain access to information and gives them the ability to leverage it."
About Interwoven Universal Search -- Professional Services Edition
Interwoven Universal Search -- Professional Services Edition is an intuitive search solution uniquely designed to meet the demands and expectations of professional services firms. By providing professionals with a solution for instantly locating important content throughout a firm, Interwoven is delivering a powerful tool to improve firm efficiency and enhance the client experience. Interwoven Universal Search -- Professional Services Edition is powered by Vivisimo Velocity.
About Finnegan
Finnegan is dedicated to protecting the ideas and innovations that drive businesses around the world. With over 300 lawyers, eight offices, and four decades of experience specializing in intellectual property law, we offer full-service IP coverage in virtually every technology and product category ranging from consumer goods, electronics, medical devices, and manufacturing to pharmaceuticals and nanotechnology. Our practice includes all aspects of patent, trademark, copyright, and trade secret law, including counseling, prosecution, licensing, and litigation. We also represent clients on IP issues related to international trade, portfolio management, the Internet, e-commerce, government contracts, antitrust, and unfair competition.
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, 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.finnegan.com/
bioMETRX, Inc. Initiates Integration of Personnel and Assets of Sequiam Corp.Biometric Investors, LLC funds Company Initial $250,000 under March agreement
JERICHO, N.Y., April 22 /PRNewswire-FirstCall/ -- bioMETRX Inc., (BULLETIN BOARD: BMRX) , a leading developer and supplier of consumer-based finger-activated products, today announced that it has commenced the initial integration of the assets and former personnel of Sequiam Corporation (BULLETIN BOARD: SQUME) through a previously announced agreement with Biometric Investors, LLC.
"We were notified last week by Biometric Investors, LLC that it has secured an order from the bankruptcy court to take immediate possession of Sequiam's assets. We have implemented a plan to incorporate many former Sequiam employees into our core business, and to take immediate possession of the equipment, inventory and technology base. We expect a smooth transition of those assets into bioMETRX over the next few weeks", stated Mark Basile, Chief Executive Officer at bioMETRX, Inc.
In addition, Biometric Investors, LLC has funded $250,000 to bioMETRX as part of the asset acquisition and financing agreement between the companies. The total financing, once completed, will significantly increase the Company's ability to expand its proprietary smartTOUCH(TM) and smartFIT technology across many vertical markets and continue to establish itself as the most dominant global leader in the development of low cost, low power OEM biometric integration products.
As the global leader in consumer biometric product engineering, development and sales, bioMETRX's technology has proven to be the most dependable and robust consumer biometric platform available today. It's smartTOUCH product line is just starting to make its way into the marketplace, having shipped over 18,000 units of its garage door opener to Home Depot last quarter. The smartTOUCH line is now being expanded to door locks, cabinet locks, mailboxes and luggage. The company's new smartFIT technology is now being introduced to many OEM's, as well as the new smartTOUCH bioBOX and smartTOUCH bioVAULT products.
About bioMETRX, Inc.
bioMETRX, Inc. is rapidly becoming the leader in designing and bringing to market, practical, secure, everyday consumer biometric products for the garage door, door hardware, HVAC, home security, PC, automotive and portable lock markets. Utilizing its proprietary technology, the "powered by smartTOUCH(TM)" platform, bioMETRX has developed an entire family of products so smart, they recognize you. The company's product line is branded under the protected trade name smartTOUCH(TM). bioMETRX also designs and provides fingerprint technology to a number of Original Equipment Manufacturers (OEM's).
For more information on bioMETRX and/or the company's smartTOUCH line of products, including the Master Lock smartTOUCH garage door opener, visit the Company's Web site at http://www.biometrx.net/.
Safe Harbor Statement: This release may contain certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release with respect to bioMETRX's business, financial condition or results of operations, as well as matters of timing and the prospective terms of any transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond bioMETRX's control with respect to market acceptance of their technology and/or products, whether financing will be available, the effect of the application of acquisition accounting policies as well as certain other risk factors which are and may be detailed from time to time in bioMETRX's filings with the Securities and Exchange Commission.
bioMETRX Inc.
CONTACT: bioMETRX, Inc., +1-516-937-2828, or 1-866-9NO-KEYS, prinquiries@biometrx.net
Web site: http://www.biometrx.net/
Trina Solar's Key Suppliers Sign Investment Agreements with Changzhou National High Tech District
CHANGZHOU, China, April 22 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited (NYSE: TSL; ''Trina Solar'' or the ''Company''), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced that five of its key suppliers have signed investment agreements to establish production facilities in the Changzhou Trina Photovoltaic Industrial Park. With the help of Trina Solar, these suppliers signed agreements today with the Changzhou National High Tech District in conjunction with Trina Solar's 10th Anniversary celebration. "We welcome these suppliers to Changzhou and are very happy to assist Trina Solar in reaching its aggressive expansion goals," said Vincent Dai, Vice-Director of the Administrative Committee.
The suppliers, which include Guangzhou ChienSong Grind Material Co., Ltd., Hubei Feilihua Quartz Glass Co., Ltd., Suzhou Good-Ark Electronics Co., Ltd., and a European manufacturer of PV glass, produce products such as reclaimed slurry, crucibles, junction boxes, and low iron glass used in the production of solar PV modules. These companies are targeting total investments of over $275 million in Changzhou. "We are very excited by the advancement of the Changzhou Trina Photovoltaic Industrial Park and the opportunity to form strong partnerships with each of these key suppliers," said Jifan Gao, Trina Solar's Chairman and CEO.
The five suppliers plan to build production facilities in Changzhou and enter into long-term supply agreements with Trina Solar. Their presence in the Changzhou Trina Photovoltaic Industrial Park will help to advance Trina Solar's goal of ensuring a steady supply of its key supply chain components, while providing the company with lower material costs, among other logistical advantages.
About Trina Solar Limited
Trina Solar Limited , through its wholly-owned subsidiary Changzhou Trina Solar Energy Co. Ltd, is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is currently one of the few PV manufacturers that has developed a vertically integrated business model from the production of monocrystalline and multicrystalline ingots, wafers and cells to the assembly of high quality modules. This integrated value chain helps to ensure that high quality products can be delivered to its end customers around the globe, including a number of European countries, such as Germany, Spain and Italy. Trina Solar's solar modules provide reliable and environmentally-friendly electric power for residential, commercial, industrial and other applications worldwide. For further information, please visit Trina Solar's website at http://www.trinasolar.com/ .
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; the effectiveness, profitability, and marketability of its products; the future trading of the securities of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
For more information, please contact:
Trina Solar Limited
Mr. Sean Shao, CFO
Phone: +86-519-8548-2008 (Changzhou)
Mr. Thomas Young, Director of Investor Relations
Phone: +86-519-8548-2008 (Changzhou)
Email: ir@trinasolar.com
CCG Elite Investor Relations
Mr. Crocker Coulson, President
Phone: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Ed Job, CFA
Phone: +1-646-213-1914
Email: ed.job@ccgir.com
Trina Solar Limited
CONTACT: Trina Solar Limited, Mr. Sean Shao, CFO, +86-519-8548-2008 (Changzhou), or Mr. Thomas Young, Director of Investor Relations, +86-519- 8548-2008 (Changzhou), ir@trinasolar.com; or CCG Elite Investor Relations for Trina Solar Limited, Mr. Crocker Coulson, President, +1-646-213-1915, or crocker.coulson@ccgir.com, or Ed Job, CFA, +1-646-213-1914, or ed.job@ccgir.com
Web Site: http://www.trinasolar.com/
CCID Consulting Analyzes Alibaba from Platform to SP
BEIJING, April 22 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong , analyzes recent developments with Alibaba. Alibaba has attracted widespread attention again recently from industry and media for its new business as an international domain name registration service provider. Actually it has acquired authorization from ICANN in November 2007 and it is a bold step in its development strategy.
Internet started to develop faster in 2007 and trade revenue in e-commerce kept a high growth rate of 54.5%. There were 1.31 million portals in China in June 30, 2007 with an annual growth rate of 66.4%. Millions of medium- and small-sized enterprises have a need for e-commerce. However, few have their own portals. A powerful Internet company can seize this opportunity, making the business expansion of Alibaba near certain.
Strategically, there should be two cores of e-commerce: one is to set up a system and the other is to create value. The construction of the system is to integrate scattered businesses into a systematic one-station solution. All businesses, like B2B, C2C, payment or searching, are platforms and tools of e-commerce, but the "robot" made out of all these "components" could be a helpful assistant with complete service functions. Users have to master the tool as it has no life, yet an assistant could even take the job in implementation other than strategic recommendation. Thus all the other competitors in all segmentations of the whole of e-commerce will be no more competitive.
To create value is more than the creation of demand for value, to help clients succeed and share value could also be possible. For the long term, the firm who paid the client would hardly beat those who help client to profit. The best profit model for an e-commerce enterprise is to try to help MSE for better development after introducing them into the area. The core strategy of Alibaba is worth considering and referencing although the majority of companies could hardly reach a complete e-commerce industrial chain like it has. Ma Yun said that the "elephant could not step an ant dead." A firm could successfully develop in segmentations of e-commerce if it could fulfill the above-listed requirements, no matter how small it is.
The popularity of the Internet brings more demand for e-commerce from enterprises. E-commerce enterprises like Alibaba provide network business information platforms for those MSEs who have no relative conditions. This further develops a simple B2B platform into an e-commerce business service system by integrating IM, e-payment and searching as well as C2C platforms. Users could easily find the system and finish most actions within the system (although e-commerce firms fail to provide good logistics solutions). Many users are attracted by its cheap price and complete services. Some businesses think of setting up independent portals on their own after a while of operation and resource accumulation. It may be described as an experience center that stimulates the desire to "buy" -- the demand for independent development.
Ma Yun mentioned in February of this year that his company will process e- commerce infrastructure construction for all MSEs across the world and tame an ecology chain of e-commerce. Alibaba becoming a SP of the international domain names indicates that it will soon engage in domain name registration and portal construction. Infrastructure construction of e-commerce is more than domain name registration and portal construction planning, it also covers the whole series of services and products including hardware, management software, network marketing, payment and logistics. We will wait and see if there will be hardware and logistics as "portal construction" will soon launch. The complete e-commerce service system is coming forth with predominant as opposed to simple domain name SP.
It is no doubt that "e-commerce infrastructure construction" is an opportunity. The business expansion of Alibaba in this area is quite understandable as its staple business is gradually steadier and its IPO further enforces its capability in business extension. Whereas the launch of the new business should cautiously move forward as most products are still far from a mature profit model. It is estimated that the first half of 2008 will still be the preparation and other firms therefore, need to make more efforts to improve the quality of products and service for better competitiveness, thus to provide us a healthier e-commerce service market.
About CCID Consulting
CCID Consulting Co., Ltd. (hereinafter known as "CCID Consulting"), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: HK08235), is directly affiliated to the China Center for Information Industry Development (hereinafter known as "CCID Group"). Headquartered in Beijing, CCID Consulting has set up branch offices in Shanghai, Guangzhou, Shenzhen, and Harbin, with over 300 professional consultants and industry experts. The company's business covers over 200 large and medium-sized cities in China. Apart from home market development, CCID Consulting establishes international cooperation links across the United States, the Asia-Pacific region and Europe with agents in the U.S., Japan, South Korea, Australia, Singapore, Italy and Russia, with the aim of going global.
Based on four major competitive areas: powerful data channels, industrial resources, intense knowledge and a deep understanding of information technology, CCID Consulting provides customers with consulting, research and IT outsourcing services covering strategic planning, IT applications, marketing strategies, human resources and information technology outsourcing. Customers range from industrial IT users, telecommunications companies, energy companies, finance companies, and automobile companies, to government departments at all levels and diversified industrial parks. CCID Consulting commits itself to be the number 1 consultant in strategy consulting, the number 1 advisor for enterprise management and the number 1 consultant for government decision-making.
For more information, please contact:
Cynthia Liu
Coordinating Manager
CCID Consulting Co., Ltd.
Tel: +86-10-8855-9080
Email: liuyan@ccidconsulting.com
CCID Consulting Co., Ltd.
CONTACT: Cynthia Liu of CCID Consulting Co., Ltd., +86-10-8855-9080, or liuyan@ccidconsulting.com
Web site: http://en.ccidconsulting.com/
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