Companies news of 2008-04-28 (page 4)
NETGEAR(R) Revamps Industry-Leading PowerShift Partner Program to Increase Partner...
NETGEAR(R) First to Deliver Dual-Band 802.11n Wireless Access Point for Small and Medium...
NETGEAR(R) Grows Industry-Leading Family of ProSafe Gigabit Smart Switches With Family of...
NETGEAR(R) Announces Industry's First Six-Bay Small Form Factor Network Attached Storage...
Pennsylvania Department of Revenue Announces Selection of Scientific Games to Commence...
SouthPeak Interactive to Access the Public Markets Through Transaction With Global...
CGI to Release Second Quarter Fiscal 2008 Results on April 29Stock Market Symbols GIB.A...
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MFLEX Invites the Public to Join Its Fiscal 2008 Second Quarter Financial Results...
China Security & Surveillance Technology Acquires Beijing Aurine Divine Land Technology...
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Apple Updates iMacNow with Faster Processors & Faster Graphics Option
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Omnicell Announces Common Stock Repurchase Program
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Hughes Technology Earns FIPS 140-2 Level 1 CertificationCertification Validates Hughes HN...
NETGEAR(R) Revamps Industry-Leading PowerShift Partner Program to Increase Partner Profitability, Enhance Training Resources, Improve Reseller SupportRestructured Partner Program Designed to Make It Easier and More Profitable to Sell and Support NETGEAR's Business-Class Families of Networking, Security and Storage Solutions for Small- and Medium-Sized Businesses
LAS VEGAS, April 28 /PRNewswire-FirstCall/ -- NETGEAR, Inc. , a worldwide provider of technologically advanced, branded networking solutions, today announced a major restructuring of its PowerShift Partner Program designed to provide its channel partners with higher profits and a host of tools and services that make it easier to sell and support NETGEAR's industry-leading family of ProSafe(R) business-class networking products for small and medium businesses.
NETGEAR's enhanced PowerShift Partner Program now includes four tiers with membership criteria based upon partner productivity. All NETGEAR resellers are eligible for the basic tier which provides an extensive list of reseller benefits, US-based technical support, sales and marketing assistance, and pre- and post-sales support. Based upon sales revenue, partners can become eligible for the PowerShift Gold, Platinum and Platinum Plus membership levels which provide added benefits including upfront product discounts, dedicated account managers, advanced network configuration technical support, and Market Development Funds (MDF).
"Even though the PowerShift Partner Program is consistently one of the highest-rated VAR programs among SMB networking and storage vendors, we are continuing to improve the value we deliver to the channel. Our partners told us how we could make it easier for them to do business with us and we listened," stated John Grady, NETGEAR's Director of Channel and SMB Marketing. "In doing so, we are making significant increases in our commitment to the channel and investing heavily in areas that are most valued by our partners and the customers they serve. No other networking company focused on serving small and medium businesses delivers the 'Channel Hat Trick,' a portfolio of SMB networking and storage products ranked at the top across all categories, a promise of quality and reliability that NETGEAR stands behind like no other SMB networking provider with our ProSafe Lifetime Warranty, and more gross profit for our channel partners in the form of richer upfront discounts, MDF and reduced support expense through US based customer support for our channel partners."
About the NETGEAR PowerShift Partner Program
All NETGEAR PowerShift Partner Program partners receive a variety of benefits, sales and marketing, and pre- and post-sales support to help increase reseller profitability and make NETGEAR products among the easiest to sell in the industry. All PowerShift Partner Program members receive the following benefits:
-- Reseller Benefits
o Volume incentive rebates;
o Instant rebates through Tier One distributors;
o Access to mail-in rebates and other promotions;
o Improved government and education discounts (stackable with other
discounts);
o Deal registration program.
-- Support
o Direct access to US-based 24x7x365 device-level technical support;
o Improved risk-free product evaluation program.
-- Sales and Marketing
o Listing on "where to buy" on the NETGEAR website;
o Marketing and sales toolkits;
o Welcome pack;
o Go-to-market toolkit.
-- Pre/Post Sales
o Network design and topology diagrams;
o Access to the improved NETGEAR PowerShift Partner Portal which
provides access to:
* Online and advanced return material authorization (RMA);
* Notification of product changes;
* Improved NETGEAR University training modules;
* Technical presentations and white papers;
* Frequent webinars offering live seminars, training sessions,
product launches, demonstrations and briefings.
NETGEAR resellers achieving a minimum of $10,000 in annual networking revenue are eligible for the PowerShift Gold level which adds upfront product discounts to the benefits offered at the basic membership level. NETGEAR resellers producing substantially higher levels of annual networking revenue are eligible for PowerShift Platinum level membership and are rewarded with additional sales and marketing support above and beyond the benefits offered in the Gold level including:
-- Dedicated account manager;
-- Advanced network configuration technical support;
-- Pre-sales sales engineer support;
-- Market Development Funds (MDF);
-- Premier posting on the vertical section of "where to buy" on the
NETGEAR website;
-- Joint sales call support;
-- Advanced product road map preview.
NETGEAR's premier partner level, PowerShift Platinum Plus, is offered to resellers by invitation only, providing partners with the highest available upfront discounts in addition to all of the benefits offered by the Platinum level membership.
Additional information about the PowerShift Partner Program can be found on NETGEAR's website at: http://www.netgear.com/Partners/Powershift.aspx.
About NETGEAR, Inc.
NETGEAR designs technologically advanced, branded networking solutions that address the specific needs of small and medium business and home users. The company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. As an ENERGY STAR(R) partner, NETGEAR offers products that prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the U.S. government. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at http://www.netgear.com/ or call (408) 907-8000.
(C) 2008 NETGEAR, Inc. NETGEAR(R), the NETGEAR Logo, and ProSafe are trademarks or registered trademarks of NETGEAR, Inc. in the United States and/or other countries. Other brand and product names are trademarks or registered trademarks of their respective holders. Information is subject to change without notice. All rights reserved. Actual data throughput will vary from maximum signal rates stipulated. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.:
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning the NETGEAR Powershift Partner Program and the expected performance characteristics, specifications, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's products and technology are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: the NETGEAR Powershift Partner Program may not meet the needs of NETGEAR's distribution partners, the actual price, performance and ease of use of NETGEAR's products may not meet the price, performance and ease of use requirements of customers; product performance may be adversely affected by real world operating conditions; new viruses or Internet threats may develop that challenge the effectiveness of security features in NETGEAR's products; the ability of NETGEAR to market and sell its products and technology; the impact and pricing of competing products and the introduction of alternative technological solutions. Further information on potential risk factors that could affect NETGEAR and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Part I -- Item 1A. Risk Factors," pages 12 through 24, in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2007, filed with the Securities and Exchange Commission on February 29, 2008. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030730/NETGEARLOGO)
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NETGEAR, Inc.
CONTACT: Technology & Channel Media, Ken Hagihara of Integrity Public Relations, +1-949-768-4423, ext. 101, ken@integritypr.net; or Other Media, Lisa Hawes of Sterling Communications, +1-408-884-5155, lhawes@sterlingpr.com, both for NETGEAR, Inc.
Web site: http://www.netgear.com/
NETGEAR(R) First to Deliver Dual-Band 802.11n Wireless Access Point for Small and Medium BusinessesThe Full-Featured Business-Class Wireless Access Point Delivers Draft 2.0 Wireless-N at Either 5GHz to Avoid Interference from Legacy 802.11b/g-based Devices or 2.4GHz to Provide Backward Compatibility with Them
LAS VEGAS, April 28 /PRNewswire-FirstCall/ -- NETGEAR, Inc. , a worldwide provider of technologically advanced, branded networking solutions, today announced the launch of the ProSafe 802.11n Dual Band Wireless Access Point (WNDAP330), a feature-rich dual-band wireless solution that enables small and medium businesses to enjoy the enhanced speed and coverage benefits of 5GHz 802.11n wireless technology and provides the ability to support existing legacy 802.11b, 802.11g and 802.11a devices.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030730/NETGEARLOGO)
The NETGEAR ProSafe 802.11n Dual Band Wireless Access Point (WNDAP330), which delivers up to 10 times the coverage and 15 times the speed of 802.11g-based networks, supports devices based upon the 5GHz 802.11a and 802.11n (draft 2.0 specification), or 2.4GHz 802.11b/g and 802.11n (draft 2.0 specification) technologies. The SNMP-manageable WNDAP330 incorporates 802.3af Power-over-Ethernet (PoE) support to eliminate power cables and simplify installation, and is ideal for deployment over large areas with support for point-to-point and point-to-multipoint bridging with Wireless Distribution System (WDS). The WNDAP330 secures the wireless network with a comprehensive feature set including WPA, WPA2, rogue AP detection, and 802.1x with RADIUS support.
"The promised benefits of Wireless-N networks are not being realized in many companies due to the existence of 11b and 11g clients in the network. The backward compatibility of the N standard has the consequence of lowering network performance while there are older laptops with integrated G adapters, wireless hand-held scanners, WiFi phones, wireless print servers, or any of the many wireless B or G clients around. To achieve full Wireless-N performance, companies are moving APs and clients to the uncongested 5GHz band where there are fewer legacy devices," explained Peter Newton, NETGEAR Director of Product Marketing for SMB Security and Wireless Products. "The ProSafe 802.11n Dual Band Wireless Access Point, which supports both 2.4GHz and 5.0GHz frequency bands, is the first in its class to offer 5GHz 802.11n support and provides businesses with an easy-to-manage solution for seamlessly transitioning the network infrastructure from 802.11g to 802.11n."
The NETGEAR ProSafe 802.11n Dual Band Wireless Access Point (WNDAP330) incorporates a 10/100/1000 Gigabit Ethernet port with Auto Uplink(TM), a console port for local configuration and monitoring, and three detachable antennas (two 5dBi and one 3dBi). For ease-of-installation and placement, the WNDAP330 is plenum-rated for safe and convenient placement above drop-down ceilings and features 802.3af PoE to eliminate the need for a dedicated power outlet.
The WNDAP330 is easily managed and configured using the ProSafe Control Center Web browser-based interface or via SNMP MIB I, MIB II and 802.11 MIB using network management software, such as NETGEAR's ProSafe Network Management System (NMS100). In addition to supporting all popular 802.1x port-based authentication protocols including Extensible Authentication Protocol (EAP) Transport Layer Security (TLS), Protected EAP (PEAP), and Tunneled TLS (TTLS), the WNDAP330 provides an extensive security feature set including WPA, WPA2, WEP, wireless access control, MAC address authentication, VPN pass-through support, secure SSH telnet, and Secure Sockets Layer (SSL) remote management login.
The NETGEAR ProSafe 802.11n Dual Band Wireless Access Point (WNDAP330) is backed by a lifetime warranty and is immediately available via leading direct marketers, e-commerce sites and value added resellers at a list price of $475.
About NETGEAR, Inc.
NETGEAR (NASDAQGM: NTGR) designs technologically advanced, branded networking solutions that address the specific needs of small and medium business and home users. The company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. As an ENERGY STAR(R) partner, NETGEAR offers products that prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the U.S. government. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at http://www.netgear.com/ or call (408) 907-8000.
(C) 2008 NETGEAR, Inc. NETGEAR(R), the NETGEAR Logo, and ProSafe are trademarks or registered trademarks of NETGEAR, Inc. in the United States and/or other countries. Other brand and product names are trademarks or registered trademarks of their respective holders. Information is subject to change without notice. All rights reserved. Actual data throughput will vary from maximum signal rates stipulated. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.:
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning the expected performance characteristics, specifications, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's products and technology are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: the actual price, performance and ease of use of NETGEAR's products may not meet the price, performance and ease of use requirements of customers; product performance may be adversely affected by real world operating conditions; new viruses or Internet threats may develop that challenge the effectiveness of security features in NETGEAR's products; the ability of NETGEAR to market and sell its products and technology; the impact and pricing of competing products and the introduction of alternative technological solutions. Further information on potential risk factors that could affect NETGEAR and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Part I - Item 1A. Risk Factors," pages 12 through 24, in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2007, filed with the Securities and Exchange Commission on February 29, 2008. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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NETGEAR, Inc.
CONTACT: Technology & Channel Media, Ken Hagihara of Integrity Public Relations, +1-949-768-4423, ext. 101, ken@integritypr.net; or Other Media, Lisa Hawes of Sterling Communications, +1-408-884-5155, lhawes@sterlingpr.com, both for NETGEAR, Inc.
Web site: http://www.netgear.com/
NETGEAR(R) Grows Industry-Leading Family of ProSafe Gigabit Smart Switches With Family of Advanced Solutions to Provide Small and Medium Businesses with an Alternative to Fully Managed SwitchesThree New ProSafe Gigabit Smart Switches Offer Static Routing and Advanced Feature Sets to Deliver Robust Security, Enhanced Traffic Management and Increased Network Availability to Support Critical Bandwidth-Intensive Business Applications
LAS VEGAS, April 28 /PRNewswire-FirstCall/ -- NETGEAR, Inc. , a worldwide provider of technologically advanced, branded networking solutions, today announced the expansion of its industry-leading family of ProSafe Gigabit Smart Switches with the introduction of three advanced Smart Switches at Interop 2008. Designed to deliver robust security and enhanced traffic management and availability to growing networks in small and medium businesses, the ProSafe 24- and 48-Port Gigabit Smart Switches with Static Routing (GS724TR and GS748TR) and 24-Port Gigabit Smart Switch with Advanced Features (GS724AT) are feature-rich, affordable, reliable, and easy-to-manage alternatives to fully-managed switches.
NETGEAR's new ProSafe Advanced Smart Switches (GS724TR, GS748TR and GS724AT) add advanced capabilities to the growing family of ProSafe Gigabit Smart Switches which includes the ProSafe 24- and 48-Port Gigabit Stackable Smart Switches (GS724TS and GS748TS), ProSafe 24- and 48-Port Gigabit Smart Switches with PoE (GS724TP and GS748TP), and ProSafe 8-Port Gigabit Smart Switch (GS108T). The new ProSafe Advanced Smart Switches, which are covered by NETGEAR's ProSafe Lifetime Warranty, deliver more robust security, higher quality of service (QoS) and high availability through an advanced feature set that includes Access Control Lists (ACL), 802.1x port authentication, rate limiting, IGMP snooping and Rapid Spanning Tree providing businesses with a scalable, reliable network that is geared for growth. NETGEAR's user-friendly Web-based ProSafe Control Center provides simple, yet comprehensive management through a streamlined interface that eases navigation, delivers basic and advanced views for different user types, and provides index and help functions.
Designed to ease congestion at the core of mid-sized business networks, the ProSafe 24- and 48-Port Gigabit Smart Switches with Static Routing (GS724TR and GS748TR) are the first Smart Switches in the industry to provide static routing capability. By using static routing to offload inter-VLAN routing traffic from the core, businesses can deploy the GS724TR and GS748TR to optimize bandwidth efficiency by freeing up the router for WAN and security traffic. The GS724TR and GS748TR, which feature 24 or 48 10/100/1000 ports and two or four shared SFP ports, support 32 static routes to enable inter-VLAN routing, manage broadcast storms more effectively and deliver tighter security.
The NETGEAR ProSafe 24-Port Gigabit Smart Switch with Advanced Features (GS724AT) provides small and mid-sized companies with management capabilities at an affordable price, providing the features found in fully managed switches without the associated cost and complexity of a fully-managed solution. The GS724AT incorporates 24 10/100/1000 ports and four combination SFP ports for optional fiber connectivity enabling businesses to deploy essential as well as advanced business applications such as security, ERP, wireless, Voice over IP (VoIP), and more. This switch also provides advanced features such as Access Control Lists (ACL) for increased security, Layer 3 based QoS for enhanced traffic prioritization, Auto Voice VLAN for 'Plug and Play' deployment of VoIP, and Rapid Spanning Tree (RSTP) for increased availability.
"Growing small and medium businesses are continually faced with the challenge of maintaining and growing scalable, reliable and affordable network infrastructures to support an increasing array of advanced applications such as ERP systems, wireless and converged communications systems," stated Sanjay Kumar, NETGEAR's Director of Product Marketing for Switching Products. "Security is a growing need with SMB customers, as is the need to prioritize applications. The addition of the Advanced Smart Switch products to our popular ProSafe Gigabit Smart Switch family provides small and mid-sized businesses with advanced, affordable and easy-to-manage alternatives to fully-managed switches. These advanced switches enable companies to gain better control and improve the efficiency of the network infrastructure while delivering the performance, functionality and value that have established our ProSafe Smart Switch line as an industry leader."
About the New NETGEAR ProSafe Advanced Smart Switches
The NETGEAR ProSafe 24- and 48-Port Gigabit Smart Switches with Static Routing (GS724TR and GS748TR) and ProSafe 24-Port Gigabit Smart Switch with Advanced Features (GS724AT) provide advanced security, advanced quality of service, and "smart" management features to growing small and medium businesses. Scalable, flexible and reliable, the high-performance ProSafe Advanced Smart Switches support the full range of network applications and secure the network without the overhead and complexity of fully managed switches. Easily managed through an intuitive, web-based GUI, users can save time and resources while being able to gain more control over the network and support advanced applications.
The GS724TR and GS748TR are designed to provide effective bandwidth management for organizations that deploy VLANs. With the ability to support 32 static routes, companies can off-load inter-VLAN communication from the core router making the network run faster and enabling companies to deploy a less expensive router in the core of the network.
The GS724TR, GS748TR and GS724AT provide enhanced security to SMB networks through support for 802.1x authentication and ACL filtering to permit or deny traffic based upon MAC and/or IP addresses. An extensive set of QoS features includes 802.1p-based prioritization, Layer 3-based (DSCP, TOS) prioritization, Layer 4-based (TCP/UDP port numbers) prioritization, and rate-limiting. Finally, Rapid Spanning Tree (RSTP) provides increased availability.
The ProSafe Advanced Smart Switches are optimized for use with NETGEAR's ProSafe Network Management Software (NMS100), but can also be managed through an easy-to-use Web console that can be used to configure, monitor and troubleshoot the switches.
The ProSafe Advanced Smart Switches are backed by a lifetime warranty and optional ProSupport Maintenance Packages. The GS724TR, GS748TR and GS724AT are immediately available via leading direct marketers, e-commerce sites and value added resellers at list prices of $925 USD, $1,665 USD and $575 USD, respectively.
About NETGEAR, Inc.
NETGEAR designs technologically advanced, branded networking solutions that address the specific needs of small and medium business and home users. The company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. As an ENERGY STAR(R) partner, NETGEAR offers products that prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the U.S. government. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at http://www.netgear.com/ or call (408) 907-8000.
(C) 2008 NETGEAR, Inc. NETGEAR(R), the NETGEAR Logo, and ProSafe are trademarks or registered trademarks of NETGEAR, Inc. in the United States and/or other countries. Other brand and product names are trademarks or registered trademarks of their respective holders. Information is subject to change without notice. All rights reserved. Actual data throughput will vary from maximum signal rates stipulated. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.:
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning the expected performance characteristics, specifications, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's products and technology are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: the actual price, performance and ease of use of NETGEAR's products may not meet the price, performance and ease of use requirements of customers; product performance may be adversely affected by real world operating conditions; new viruses or Internet threats may develop that challenge the effectiveness of security features in NETGEAR's products; the ability of NETGEAR to market and sell its products and technology; the impact and pricing of competing products and the introduction of alternative technological solutions. Further information on potential risk factors that could affect NETGEAR and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Part I - Item 1A. Risk Factors," pages 12 through 24, in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2007, filed with the Securities and Exchange Commission on February 29, 2008. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030730/NETGEARLOGO)
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NETGEAR, Inc.
CONTACT: Technology & channel media, Ken Hagihara of Integrity Public Relations, +1-949-768-4423, ext. 101, ken@integritypr.net; or other Media, Lisa Hawes of Sterling Communications, +1-408-884-5155, lhawes@sterlingpr.com, both for NETGEAR, Inc.
Web site: http://www.netgear.com/
NETGEAR(R) Announces Industry's First Six-Bay Small Form Factor Network Attached Storage Solution for Small and Medium BusinessesHigh Performance ReadyNAS Pro Gigabit Desktop Storage Products Enable SMBs to Store, Protect and Share Critical Data, Providing up to 6TB of Storage and a Robust Feature Set that Delivers High-Availability, Ease-of-Use, Expandability, and Serviceability
LAS VEGAS, April 28 /PRNewswire-FirstCall/ -- NETGEAR, Inc. , a worldwide provider of technologically advanced, branded networking solutions, today announced the launch of the industry's first six-bay small form factor desktop network attached storage (NAS) solution at Interop 2008. NETGEAR's ReadyNAS(TM) Pro 1.5TB Gigabit Desktop Storage (RNDP6350), ReadyNAS Pro 3TB Gigabit Desktop Storage (RNDP6310) and ReadyNAS Pro 6TB Gigabit Desktop Storage (RNDP6610) broaden the ReadyNAS product family to deliver class-leading performance, high availability, ease-of-use, expandability, and serviceability to small and medium businesses to provide centralized network storage for up to 200 users.
Cost-effective, easy-to-manage and quick-to-deploy, the versatile ReadyNAS Pro provides up to 6TB of network attached storage enabling users across the LAN or WAN to store, backup and share digital data from a combination of Windows, Macintosh and Linux platforms. ReadyNAS Pro, the newest and most powerful member of the award-winning ReadyNAS product family, supports RAID 0, 1, 5, 6, and auto-expandable X-RAID2 to provide robust data protection against single disk failure. To ensure high availability to stored data, the ReadyNAS Pro features dual redundant Gigabit Ethernet ports for failover protection.
"Growing small and medium businesses face unique challenges when it comes to storing and protecting critical data," stated Sam Feng, NETGEAR's Director of Product Marketing for Networked Storage. "An increasing number of growing SMBs are realizing the need for a powerful storage solution that enables them to centrally store, protect and share vast amounts of critical business data across a variety of different platforms. The ReadyNAS Pro is designed with the needs of the growing SMB in mind. This powerful all-in-one NAS device delivers the critical combination of value, performance and features that makes it an ideal, scalable networked storage solution for growing companies."
The NETGEAR ReadyNAS Pro Gigabit Desktop Network Storage products provide small and medium businesses with an easy-to-use, high-performance network attached storage solution to store and protect critical data. Housed in a compact desktop form factor, the ReadyNAS Pro products support up to six SATA I or SATA II hard drives via six lockable, hot-swappable disk trays. Three USB 2.0 ports enable the connection of USB drives or printers.
ReadyNAS Pro provides robust data protection and high-availability with failsafe features that include dual redundant Gigabit Ethernet ports and support for RAID 0, 1, 5, RAID 5 plus hot spare, RAID 6, and NETGEAR's proprietary X-RAID2 for automatic volume expansion. In addition to a Web based graphical user interface (GUI) and setup wizard for ease-of-use and setup, ReadyNAS Pro features an LCD display that provides quick and intuitive system status readings and incorporates an active system monitoring capability which continually monitors the entire system for abnormal situations or part failures and e-mails system alerts to the network administrator.
The NETGEAR ReadyNAS Pro is backed by a 5-year hardware warranty and will be available in Q3 2008 via leading direct marketers, e-commerce sites and value added resellers at a list price starting at $2,000 USD.
The ReadyNAS family of network attached storage solutions includes:
-- NEW - RNDP6350 ReadyNAS Pro 1.5TB Gigabit Desktop Network Storage
(includes three 500GB SATA drives);
-- NEW - RNDP6310 ReadyNAS Pro 3TB Gigabit Desktop Network Storage
(includes three 1000GB SATA drives);
-- NEW - RNDP6610 ReadyNAS Pro 6TB Gigabit Desktop Network Storage
(includes six 1000GB SATA drives);
-- RND4410 ReadyNAS NV+ 4TB Gigabit Desktop Network Storage (includes four
1TB SATA drives);
-- RND4475 ReadyNAS NV+ 3TB Gigabit Desktop Network Storage (includes four
750GB SATA drives);
-- RND4210 ReadyNAS NV+ 2TB Gigabit Desktop Network Storage (includes two
1TB SATA drives);
-- RND4450 ReadyNAS NV+ 2TB Gigabit Desktop Network Storage (includes four
500GB SATA drives);
-- RND4275 ReadyNAS NV+ 1.5TB Gigabit Desktop Network Storage (includes
two 750GB SATA drives);
-- RND4425 ReadyNAS NV+ 1TB Gigabit Desktop Network Storage (includes four
250GB SATA drives);
-- RND4250 ReadyNAS NV+ 1TB Gigabit Desktop Network Storage (includes two
500GB SATA drives);
-- RND4000 ReadyNAS NV+ 4-Bay Gigabit Desktop Network Storage (no drives
included);
-- RNR4410 ReadyNAS 1100 4TB Dual Gigabit Rackmount Network Storage
(includes four 1TB SATA drives);
-- RNR4475 ReadyNAS 1100 3TB Dual Gigabit Rackmount Network Storage
(includes four 750GB SATA drives);
-- RNR4450 ReadyNAS 1100 2TB Dual Gigabit Rackmount Network Storage
(includes four 500GB SATA drives);
-- RND2150 ReadyNAS Duo 500GB Home Media Server (includes one 500GB SATA
drive);
-- RND2175 ReadyNAS Duo 750GB Home Media Server (includes one 750GB SATA
drive);
-- RND2110 ReadyNAS Duo 1TB Home Media Server (includes one 1TB SATA
drive)
About NETGEAR, Inc.
NETGEAR (NASDAQGM: NTGR) designs technologically advanced, branded networking solutions that address the specific needs of small and medium business and home users. The company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. As an ENERGY STAR(R) partner, NETGEAR offers products that prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the U.S. government. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at http://www.netgear.com/ or call (408) 907-8000.
(C) 2008 NETGEAR, Inc. NETGEAR(R), the NETGEAR Logo, ReadyNAS, and X-RAID are trademarks or registered trademarks of NETGEAR, Inc. in the United States and/or other countries. Other brand and product names are trademarks or registered trademarks of their respective holders. Information is subject to change without notice. All rights reserved. Actual data throughput will vary from maximum signal rates stipulated. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.:
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning the expected performance characteristics, specifications, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's products and technology are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: the actual price, performance and ease of use of NETGEAR's products may not meet the price, performance and ease of use requirements of customers; product performance may be adversely affected by real world operating conditions; new viruses or Internet threats may develop that challenge the effectiveness of security features in NETGEAR's products; the ability of NETGEAR to market and sell its products and technology; the impact and pricing of competing products and the introduction of alternative technological solutions. Further information on potential risk factors that could affect NETGEAR and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Part I - Item 1A. Risk Factors," pages 12 through 24, in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2007, filed with the Securities and Exchange Commission on February 29, 2008. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030730/NETGEARLOGO)
Photo: http://www.newscom.com/cgi-bin/prnh/20030730/NETGEARLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
NETGEAR, Inc.
CONTACT: Technology & Channel Media, Ken Hagihara of Integrity Public Relations, +1-949-768-4423, ext. 101, ken@integritypr.net; or Other Media, Lisa Hawes of Sterling Communications, +1-408-884-5155, lhawes@sterlingpr.com, both for NETGEAR, Inc.
Web site: http://www.netgear.com/
Pennsylvania Department of Revenue Announces Selection of Scientific Games to Commence Negotiations for Their New Lottery Systems Contract
NEW YORK, April 28 /PRNewswire-FirstCall/ -- The Pennsylvania Department of Revenue announced it has selected Scientific Games to enter into negotiations for its lottery systems contract to supply a new range of lottery equipment, including the "next-generation" WAVE(TM) terminal. The contract begins in January 2009, will have an initial term of five years, and will provide for five one-year extension options. Scientific Games was chosen following an open and competitive procurement process.
Scientific Games will supply the Lottery with new gaming equipment, including a central system, approximately 10,000 WAVE(TM) terminals with touch-screen technology, customer display units and in-store customer ticket checkers for the Lottery's retailer network. Additionally, Scientific Games will install and maintain a state-of-the-art IP-based communications network.
"We are proud of the fact that the PA Lottery has been a valued customer of Scientific Games since its inception, and retention of longtime customers is one of our highest priorities. We also look forward to continuing to grow revenues that help fund important programs for the elderly in the Commonwealth," said Lorne Weil, Chairman and CEO of Scientific Games.
In fiscal 2007, the Pennsylvania Lottery generated over $3 billion in retail sales, of which $1.4 billion was derived from terminal-based games. Over the last five years, the Pennsylvania Lottery has grown 58% and contributed $4.4 billion to support senior benefit programs.
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, Scientific Games Corporation, +1-212-754-2233
Web site: http://www.scientificgames.com/
Company News On-Call: http://www.prnewswire.com/comp/117695.html
SouthPeak Interactive to Access the Public Markets Through Transaction With Global Services Partners Acquisition Corp.One of the Fastest Growing Videogame Publishers to Expand Product Offering and Global ReachClass B Common Stock Automatically Converted on April 25 Termination Date into Right to Receive Cash Distribution from Trust Fund
MIDLOTHIAN, Va., April 28 /PRNewswire-FirstCall/ -- SouthPeak Interactive, LLC ("SouthPeak") and Global Services Partners Acquisition Corp. ("GSPAC") (BULLETIN BOARD: GSPA, GSPAW, GSPAZ) jointly announced today that they have agreed to a transaction under which SouthPeak's shareholders shall acquire a majority of the common stock of GSPAC thereby enabling SouthPeak to access the public markets.
SouthPeak and GSPAC anticipate that a related institutional financing along with a business consolidation will occur in May 2008, which will value SouthPeak at $35 million and result in the anticipated issuance of 35 million shares to the SouthPeak shareholders. Upon closing of these related transactions, GSPAC will change its name to SouthPeak Interactive Corporation. The existing executive management team of SouthPeak, Terry Phillips and Melanie Mroz, will then become, respectively, Chairman and CEO of the new company.
SouthPeak is a fast growing video game publisher with a unique production model that exclusively utilizes independent studios to source and produce innovative video games. This model allows the company to leverage leading- edge development talent and minimize fixed overhead, thereby maximizing operational flexibility and profits. SouthPeak expects to exceed its previously announced forecasts of $30 million in revenue for its fiscal year ending June 30, 2008 (representing 140% growth over fiscal year 2007 revenue) and approximately $4.5 million in fiscal year 2008 EBITDA.
Abhishek Jain, President of GSPAC, said, "We are pleased that we have been able to complete a transaction with SouthPeak despite the challenging market for SPAC business combinations. We believe this transaction, together with the anticipated financing and restructuring, will be extremely favorable for our various stakeholders, preserving value for our common shareholders as well as our warrant holders, while also providing for the prompt distribution to our Class B shareholders of their pro rata shares of the trust fund distribution." As of April 10, 2008, there was $5.36 per share in trust.
Terry Phillips, Chairman of SouthPeak, said, "These transactions will bring SouthPeak public at an opportune moment in the video game industry. We are delighted by investor support we have been receiving for our unique operating model that leverages an expanding universe of game developers to maximize profits and creative potential." Phillips continued, "The capital provided under the institutional financing commitments we have received will allow us to accelerate our strategy of expanding our product portfolio and continue to outpace the industry in terms of top and bottom-line growth. SouthPeak is very well positioned to deliver unique and profitable game concepts and drive substantial shareholder value as a result."
The video game industry is growing rapidly with U.S. video game software sales expected to grow from $6.5 billion in 2006 to $13.6 billion in 2009, according to Goldman Sachs. Global video game software sales are expected to grow to $55 billion by 2009 as reported by PriceWaterhouseCoopers.
At a meeting of GSPAC's shareholders completed on April 25, 2008, a number of Class B common shares representing in excess of 20% of the outstanding shares of such class voted against the business combination previously contemplated. After giving effect to the cancellation of GSPAC's Class B Common Stock, effective on the April 25, 2008 Termination Date as provided by GSPAC's Certificate of Incorporation, but before giving effect to the transaction announced today in which 1 million shares were issued to SouthPeak shareholders, there will be 920,100 shares of the GSPAC common stock outstanding. In addition, there will be outstanding 7,517,500 Class W warrants and 6,137,500 Class Z warrants, including the publicly traded Class W and Class Z warrants, as well as a purchase option issued in connection with GSPAC's initial public offering. The transaction announced today has been unanimously approved by the Board of GSPAC, but is subject to certain closing conditions which the parties believe will be satisfied within two weeks.
About SouthPeak
SouthPeak Interactive, LLC develops and publishes interactive entertainment software for all current hardware platforms including: PLAYSTATION(R)3 computer entertainment system, PSP(R) (PlayStation(R) Portable) system, PlayStation(R)2 computer entertainment system, Xbox 360(TM) video game and entertainment system, Wii(TM), Nintendo DS(TM) and PC. SouthPeak's games cover all major genres including action/adventure, role playing, racing, puzzle strategy, fighting and combat. SouthPeak's products are sold in retail outlets in North America, Europe, Australia and Asia. SouthPeak is headquartered in Midlothian, Virginia, and has offices in Grapevine, Texas and London, England. http://www.southpeakgames.com/
About GSPAC
Global Services Partners Acquisition Corp. (BULLETIN BOARD: GSPA, GSPAW, GSPAZ) was formed for the specific purpose of consummating a business combination. It completed an initial public offering in April 2006, pursuant to which approximately $30.2 million was placed in trust. As of April 10, 2008, GSPAC had approximately $5.36 per Class B share in trust.
This press release contains statements relating to future results (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: market conditions for SouthPeak's published video games; market performance of SouthPeak's video games and the related impact on revenue and funds inflows/outflows; operational risks; costs related to the proposed acquisition by GSPAC; failure to gain the required approvals of GSPAC's stockholders; and risks that the closing of the transaction is substantially delayed or that the transaction does not close. These forward- looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
This release includes certain financial information (EBITDA) not derived in accordance with generally accepted accounting principles ("GAAP"). GSPAC believes that the presentation of this non-GAAP measure provides information that is useful to investors as it indicates more clearly the ability of SouthPeak to meet capital expenditures and working capital requirements and otherwise meet its obligations as they become due. SouthPeak's EBITDA was derived by taking projected earnings before interest, taxes, depreciation and amortization as it may be adjusted for certain one-time non-recurring items and exclusions.
All trademarks and copyrights contained herein are the property of their respective holders.
SouthPeak Interactive, LLC
CONTACT: Media, Bill Linn, +1-415-867-2100, bill@sandboxstrat.com, for SouthPeak Interactive, LLC; Investors, Abhishek Jain, +1-703-286-3776 for GSPAC
Web site: http://www.southpeakgames.com/
CGI to Release Second Quarter Fiscal 2008 Results on April 29Stock Market Symbols GIB.A (TSX) GIB (NYSE)
MONTREAL, April 28 /PRNewswire-FirstCall/ -- CGI Group Inc. (TSX: GIB.A; NYSE: GIB) will release results for its second quarter fiscal 2008, ended March 31, 2008, tomorrow Tuesday, April 29, 2008 before the markets open. Management will host a conference call and question-and-answer session to discuss earnings at 8:00 a.m. (EDT). Participants will include Michael E. Roach, President and Chief Executive Officer, as well as David Anderson, Executive Vice-President and Chief Financial Officer.
Who: CGI Group Inc.
What: Second Quarter Fiscal 2008 Results
When: Tuesday, April 29, 2008 at 8:00 a.m. (EDT)
Conference
Call: 1-866-225-0198
Webcast: A live webcast of the quarterly results conference call may
be accessed through the Company's website http://www.cgi.com/ where
a replay will also be archived. Listeners should allow
ample time to access the webcast. As well, reference slides
will be available for download shortly before the beginning
of the call.
Podcast: An MP3 version will be available for download later in the
day.
RSS Feed: Subscribe via our site to receive the latest news releases
and podcasts:
http://www.cgi.com/web/en/media_room/rss_podcast_feeds.htm.
About CGI
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 26,500 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $3.7 billion and at December 31st, 2007, CGI's order backlog was $12.04 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: http://www.cgi.com/.
CGI GROUP INC.
CONTACT: Lorne Gorber, Vice-President, Global Communications and Investor Relations, (514) 841-3355, lorne.gorber@cgi.com
New Products Driving Growth at myPhotopipe.com, Inc.Break-out Successes Include PRPrintsPro
ATLANTA, April 28 /PRNewswire-FirstCall/ -- myPhotopipe.com, Inc. (Pink Sheets: MPPC), a web-based online provider of digital photo processing and related services, today reported upon the role that new products are playing in its recent sales growth and strategy for future success.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080325/CLTU023)
New products are the lifeblood of any company, but the risks associated with them can be daunting, so much so that management is often forced into playing it safe. Not so at myPhotopipe.com. In 2007 the Company introduced over 800 new items, including a revamped line of Gallery Wraps and its PRPrintsPro product line. Data released today indicate that these new products are already paying healthy dividends to myPhotopipe.com, Inc. -- a fast-growing online photo processor that caters to serious amateur and professional photographers.
Most impressively, PRPrintsPro, a line of prints used by celebrities and professional sports organizations, grew by more than 144% between the first and second half of 2007, accounting for 8% of the Company's revenues in the final six months of the year. Meanwhile, sales of Gallery Wraps, a popular finish that wraps canvas prints around wood stretcher bars, increased 27%, from 3.7% of Company revenues in 2007, to 4.7% of sales during the first quarter of 2008. Taken together, these two new products accounted for 11.7% of myPhotopipe.com's revenues in the second half of 2007.
"PRPrintsPro represents an excellent example of how we look at processes and try to make them easier, faster and cheaper," stated L. Douglas Keeney, Chief Executive Officer of myPhotopipe.com, Inc. "People know we deliver quality, but the digital revolution is about making things easier. Surprisingly enough, there's a lot of pain in making a print for a celebrity to autograph -- finding the photo, cropping it just so, appending the brand or logo, adding the person's name, getting the spelling right, maybe including the logo or brand of a co-sponsor. Our software eliminates that pain, simplifies the process and cuts our costs, providing benefits that we then pass along to our customers. Considering the thousands of celebrities, professional athletes, memorabilia shows, sports organizations, fantasy camps, TV stations and more, we think this product has the makings of a multi-million dollar business for the Company."
PRPrintsPro was tested in the first half of 2007 and formally launched in June of that year. It was quickly adopted as the ordering platform for the media or community relations departments of many professional sports and entertainment organizations, including the Dallas Cowboys, the New York Giants, the Tennessee Titans, the Tampa Bay Buccaneers, Feld Entertainment (Disney-on-Ice and High School Musical) and more.
The Company has aggressively launched new products for serious photographers since its conversion to a digital processor. "It is not about putting your photo on a mouse pad," observed Keeney. "That's a manufacturing approach, not a technology approach. It's that same old 'put-your-logo-here' stuff we've seen for years. Digital photo tools are all about having your photograph printed your way. Borders? Captions? Different substrates? Panoramics? We give photographers the technology to convert their digital images into these formats without using photo processing software and without learning how to design or scale a print. Prints from digital images are now a multi-billion dollar business that is growing 27% a year. Our approach is to gain customers by applying technology to let them have it their way or better and to pass the savings on to them."
"Gallery Wraps represented less of a risk, because they caught a 'wave' that we thought was welling up in our industry," continued Keeney. "It's a beautiful finish on museum-quality canvas that can hang on a wall in an instant. Companies such as Rosetta Stone, Georgia Tech and numerous others have propelled Gallery Wrap sales to new highs, and we think the best is yet to come."
About myPhotopipe.com, Inc.
myPhotopipe.com, Inc. is a web-based online provider of digital photo processing, photo finishing, photo sharing, and related services. The Company's unique blend of 1000 print options, combined with manual print inspections and professional color management, have positioned myPhotopipe.com as one of the fastest-growing providers of digital photography services for professionals and serious amateurs.
The Company is headquartered in Atlanta, Georgia, and its common stock is listed on the OTC Pink Sheets under the symbol "MPPC". Additional information is available on the Internet at http://www.myphotopipe.com/.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are subject to the "safe harbor" created by those sections. Such forward-looking statements are based upon current information and expectations regarding myPhotopipe.com, Inc. These statements speak only as of the date on which they are made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecast in such forward-looking statements.
myPhotopipe.com, Inc. assumes no obligation to update the information contained in this release. Any forward-looking statements in this press release may be materially impacted by any number of factors, any or all of which could have a negative impact on sales, operating results, financial and budgetary constraints. The statements made herein are independent statements by myPhotopipe.com, Inc. The inclusion or mention, if any, of third parties in this press release does not represent an endorsement of any myPhotopipe.com, Inc. products or services by any such third party.
Contact:
L. Douglas Keeney, CEO, at (502) 419-5837 or via email at
dougk@myphotopipe.com
or
R. Jerry Falkner, CFA, RJ Falkner & Company, Inc., Investor Relations Counsel
at (830) 693-4400 or via email at info@rjfalkner.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080325/CLTU023 AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
myPhotopipe.com, Inc.
CONTACT: L. Douglas Keeney, CEO of myPhotopipe.com, Inc., +1-502-419-5837, dougk@myphotopipe.com; or R. Jerry Falkner, CFA, RJ Falkner & Company, Inc., Investor Relations Counsel, +1-830-693-4400, info@rjfalkner.com, for myPhotopipe.com, Inc.
Web site: http://www.myphotopipe.com/
MFLEX Invites the Public to Join Its Fiscal 2008 Second Quarter Financial Results Conference Call and Webcast on May 6, 2008
ANAHEIM, Calif., April 28 /PRNewswire-FirstCall/ -- Multi-Fineline Electronix, Inc. , a leading global provider of high-quality, technologically advanced flexible printed circuit and value-added component assembly solutions to the electronics industry, said today that it will host a conference call and webcast to review its fiscal 2008 second quarter financial results on May 6, 2008, at 5:30 p.m. Eastern time (2:30 p.m. Pacific time). The company's financial results are expected to be released at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) the same day and will be posted on the company's website at http://www.mflex.com/.
DETAILS
WHAT
MFLEX's fiscal 2008 second quarter financial results conference call and webcast
DATE
Tuesday, May 6, 2008
TIME
5:30 p.m. Eastern time (2:30 p.m. Pacific time)
HOW
The dial-in number for the call in North America is 888-695-7895 and 706-679-5242 for international callers. The teleconference ID number is 44840919. The call will also be webcast live over the Internet. Simply log-on to http://www.mflex.com/.
REPLAYS
The webcast will be archived on the company's website for 60 days following the call. An audio replay of the conference call will be available for seven days beginning at 8:30 p.m. Eastern time (5:30 p.m. Pacific time) on May 6, 2008. The audio replay dial-in number for North America is 800-642-1687 and 706-645-9291 for international callers. The replay pass code is 44840919.
About MFLEX
MFLEX (http://www.mflex.com/) is a global provider of high-quality, technologically advanced flexible printed circuit and value-added component assembly solutions to the electronics industry. The company is one of a limited number of manufacturers that provides a seamless, integrated end-to-end flexible printed circuit solution for customers, ranging from design and application engineering, prototyping and high-volume manufacturing to turnkey component assembly and testing. The company targets its solutions within the electronics market and, in particular, focuses on applications where flexible printed circuits are the enabling technology in achieving a desired size, shape, weight or functionality of an electronic device. Current applications for the company's products include mobile phones and smart mobile devices, personal digital assistants, mobile power adapters, medical devices, computer/data storage and portable bar code scanners. MFLEX's common stock is quoted on the Nasdaq Global Select Market under the symbol MFLX.
Certain statements in this news release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements which may be preceded by the words "will," "expect" "scheduled" or similar words. For such statements, the company claims the protection of the Private Securities Litigation Reform Act of 1995. Actual events or results may differ materially from the company's expectations. Important factors that could cause actual results to differ materially from those stated or implied by the company's forward-looking statements are disclosed in the company's SEC reports, including its Quarterly Report on Form 10-Q for the fiscal first quarter ended December 31, 2007. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims any intent or obligation to update these forward-looking statements.
Multi-Fineline Electronix, Inc.; MFLEX
CONTACT: Connie Chandler, Investor Relations of MFLEX, +1-714-573-1121, investor_relations@mflex.com
Web site: http://www.mflex.com/
China Security & Surveillance Technology Acquires Beijing Aurine Divine Land Technology Co., Ltd ('Guanling').
SHENZHEN, China, April 28 /Xinhua-PRNewswire/ -- China Security & Surveillance Technology, Inc. ("CSST" or "China Security"), a leading provider of digital surveillance technology in the PRC, today announced that China Safetech Holdings Limited ("Safetech"), a British Virgin Islands corporation and a wholly-owned subsidiary of CSST, has entered into an equity transfer agreement to purchase 100% ownership of Sharp Eagle (HK) Limited ("Sharp Eagle"). Sharp Eagle is a holding company that owns all the outstanding equity of Beijing Aurine Divine Land Technology Co., Ltd. ("Guanling").
CSST originally announced a letter of intent to establish an exclusive partnership agreement with Beijing Aurine Yingke Intelligent System Integration Co., Ltd. ("Yingke") and Guanling on June 28, 2007 (collectively "Beijing Guanling Co., Ltd."). Yingke is a system integrator operating from Beijing that has a strong customer focus in the banking and hotel industries, whereas Guanling is the appointed sales agent of Panasonic, Axis Communications and Samsung in China, for closed-circuit surveillance systems, public broadcasting equipments and plasma TV's. It was subsequently after the signing of the letter of intent that CSST decided to acquire Guanling and then to sign an exclusive cooperation agreement with Yingke. After acquiring Guanling, CSST expects to enter into an exclusive cooperation agreement with Yingke in the next few months. The terms of the exclusive cooperation agreement have yet to be finalized.
Under the Equity Transfer Agreement announced today, the Company will pay a total consideration of RMB 39.1 million (approximately $5.6 million) in exchange for 100% ownership of Sharp Eagle, consisting of RMB 12.5 million (approximately $1.8 million) in cash and RMB 26.6 million (approximately $3.8 million) in the Company's shares of common stock. The number of shares issuable in satisfaction of the equity portion of the purchase price is 206,661 (based upon $18.37 per share, which is the 20-day average closing price of the Company's stock prior to the signing of the Equity Transfer Agreement) which will be issued within 90 days following the execution of the Equity Transfer Agreement. The Company has paid off the cash portion of the purchase price as of the date of this press release.
Mr. Guo Shen Tu, Chief Executive Officer of China Security commented, "We are thrilled to add Guanling to our growing portfolio of acquired businesses. As a leading security equipment distributor, Guanling has a strong presence in the Northern part of China as well as a compelling portfolio of leading international security equipment providers. We still intend to finalize our exclusive partnership with Guanling's system integration business, Yingke and believe our acquisition of their distribution arm will result in a long-term relationship that will be highly beneficial to both companies in the future."
The monetary exchange rate used for each transaction is USD$1.00=RMB 7.00.
About China Security & Surveillance Technology, Inc.
Based in Shenzhen, China, China Security manufactures, distributes, installs and maintains security and surveillance systems throughout the PRC. China Security has manufacturing facilities located in China and an R&D facility which maintains an exclusive collaboration agreement with Beijing University. China Security has built a diversified customer base through its extensive sales and service network that includes numerous points of presence throughout the PRC. To learn more about the Company visit http://www.csst.com/ .
Safe Harbor Statement
This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as "will" "believes", "expects" or similar expressions. Statements in this press release about our ability to establish exclusive cooperation partnership with Yingke, for example, are forward-looking statements. These forward-looking statements may also include statements about our proposed discussions related to our business or growth strategy, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/ .
For more information, please contact:
Company Contact:
Kewa Luo
Tel: +1-212-588-0885
Email: ir@csst.com
Investor Contact:
ICR: Bill Zima & Ashley Ammon MacFarlane
Tel: +1-203-682-8200
Media Contact:
Fleishman-Hillard Hong Kong
Patrick Yu
Tel: +852-2530-2577
Email: Patrick.yu@fleishman.com
China Security & Surveillance Technology, Inc.
CONTACT: Company Contact - Kewa Luo, +1-212-588-0885, or ir@csst.com; Investor Contact - ICR: Bill Zima & Ashley Ammon MacFarlane, +1-203-682-8200; Media Contact - Fleishman-Hillard Hong Kong, Patrick Yu, +852-2530-2577, or Patrick.yu@fleishman.com
Web Site: http://www.csst.com/
Subaye.com Acquires 3,121 Newly Registered Corporate Members for Video Webpage Builder
BEIJING, April 28 /Xinhua-PRNewswire-FirstCall/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST; Frankfurt Stock Exchange: TQF) announced today that its majority-owned subsidiary, Subaye.com, Inc. ( http://www.subaye.com/ ), the enterprise video web development, hosting, marketing and e-commerce service provider, has successfully presented its Subaye.com English version beta site and new product, Enterprise Video Webpage Builder, to exhibitors of 103rd China Import and Export Fair (Canton Fair) in Guangzhou, China.
Subaye.com successfully registered 3,121 new corporate members for the new English site and the Video Webpage Builder. Most importantly, the Company received very good feedback and comments to help further improve the English version. Taking these comments into consideration, Subaye.com's English version site will officially launch in mid-May, once all user contents and new functions have been added.
About MyStarU.com, Inc.
MyStarU.com, Inc. (MYST) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. MyStarU.com, Inc. does business in Asia via its wholly-owned subsidiaries, MyStarU Ltd. ( http://www.mystaru.com/ , http://www.skyestar.com/ ,http://www.icurls.com/ ) and majority owned subsidiary Subaye.com, Inc. ( http://www.subaye.com/ , http://www.x381.com/ , http://www.goongreen.org/ ).
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact:
Ms. Helen Wang
MyStarU.com, Inc.
Tel: +86-10-6702-6968
Email: IR@MyStarU.com
MyStarU.com, Inc.
CONTACT: Ms. Helen Wang, MyStarU.com, Inc., +86-10-6702-6968, or IR@MyStarU.com
Web site: http://www.mystaru.com/ http://www.skyestar.com/ http://www.icurls.com/ http://www.subaye.com/ http://www.x381.com/ http://www.goongreen.org/
NETGEAR(R) Spearheads New Initiatives for Growing Small and Medium Businesses at Interop 2008 Through SMB-Focused Workshops and Presentations, Launch of Advanced Networking Products, and Enhanced Reseller ProgramNETGEAR Addresses SMB Network Administrators and Channel Professionals with Sponsorship of SMB Solutions Summit, Product Demonstrations and Booth Workshops, and Introduction of Innovative Industry-First Advanced ProSafe(TM) Smart Switches, Dual-Band 802.11n Wireless Access Point and Six-Bay High-Performance ReadyNAS(TM) Solution
LAS VEGAS, April 28 /PRNewswire-FirstCall/ -- NETGEAR, Inc. , a worldwide provider of technologically advanced, branded networking solutions, today announced the broadening of the company's end-to-end portfolio of business-class networking and storage solutions with the introduction of five innovative smart switches, wireless and network-attached storage products at Interop 2008. Designed to meet the needs of SOHO, micro businesses and growing small and medium businesses (SMB), NETGEAR will be displaying and demonstrating the new advanced business-class networking solutions in booth 1343 at the Mandalay Bay Convention Center, April 29 to May 1, 2008.
NETGEAR is debuting five industry-first network solutions designed to meet the unique demands of growing SMBs including the ProSafe 24- and 48-Port Gigabit Smart Switches with Static Routing (GS724TR and GS748TR), ProSafe 24-Port Gigabit Smart Switch with Advanced Features (GS724AT), ProSafe 802.11n Dual Band Wireless Access Point (WNDAP330), and ReadyNAS Pro 6-Bay Gigabit Desktop Storage (RNDP6000). NETGEAR also announced major enhancements to its feature-rich PowerShift(TM) Partner Program that will make it easier and potentially more profitable for VARs and solution providers to sell the industry-leading ProSafe family of end-to-end networking solutions.
For the second year in a row, NETGEAR is sponsoring the SMB Solutions Summit to ensure that the unique needs and interests of SMB network administrators and channel professionals are addressed at Interop 2008. NETGEAR executives will offer presentations on networking topics relevant to SMBs throughout the free three-day summit including: "Optimizing Wireless LAN Deployment and Management for Growing SMB Environments," "Security in the SMB Space," and "Smart Switches vs. Managed Switches: Which is the Ideal Foundation for SMB Networks?" In addition, NETGEAR will host a variety of workshops at the booth focusing on the topics of switching, wireless networking, security, storage, and the PowerShift Partner Program.
"With cutting-edge business applications such as VoIP, video conferencing, security, and VLANs achieving mainstream adoption among growing small and medium businesses, network administrators are facing the ever-increasing challenge of providing a reliable, cost effective, easy-to-use network infrastructure that supports the speeds and quality-of-service required by these demanding applications," stated Patrick Lo, chairman and chief executive officer of NETGEAR. "NETGEAR has always focused on delivering value-packed solutions to the SMB market that combine the performance and functionality of enterprise-class products with the ease-of-use, scalability, reliability, and value that is critical to growing SMBs. We're continuing to reinforce our dedication to the SMB market and the channel that serves it with the enhancement of our PowerShift Partner Program and the launch of several first-to-market, advanced networking products that broaden our portfolio of end-to-end networking solutions to serve the needs of growing businesses with five to 250+ users. The combination of our robust product portfolio and value-packed channel program will enable NETGEAR to further strengthen its position as the go-to provider for SMB networking solutions."
Advanced Gigabit Smart Switches Enhance Security and Traffic Management
NETGEAR's new ProSafe Advanced Smart Switches (GS724TR, GS748TR and GS724AT), the newest additions to the award-winning family of ProSafe Gigabit Smart Switches, deliver robust security and enhanced traffic management and availability to growing networks in small- and medium-sized businesses. The feature-rich, high performance Smart Switches incorporate high Quality of Service (QoS) and high availability through an advanced features set establishing them as affordable, reliable, and easy-to-manage alternatives to fully-managed switches.
The ProSafe 24- and 48-Port Gigabit Smart Switches with Static Routing (GS724TR and GS748TR) are the first Smart Switches in the industry to provide static routing capability, enabling businesses to offload inter-VLAN routing traffic from the core to optimize bandwidth efficiency. The GS724TR and GS748TR feature 24 or 48 10/100/1000 ports and two or four shared SFP ports and support 32 static routes to enable inter-VLAN routing, manage broadcast storms more effectively and deliver tighter security.
The NETGEAR ProSafe 24-Port Gigabit Smart Switch with Advanced Features (GS724AT) provides management capabilities at an affordable price incorporating 24 10/100/1000 ports and four combination SFP ports for optional fiber connectivity for the deployment of bandwidth-intensive applications such as security, Voice over IP (VoIP), and video conferencing.
The Industry's First Small Form Factor High-Performance Six-Bay NAS for the SMB
The ReadyNAS Pro Gigabit Desktop Storage products are the newest and most powerful members of the ReadyNAS family of business-class network attached storage solutions. ReadyNAS Pro, the first six-bay small form factor NAS designed for the SMB market, delivers class-leading performance, high availability, ease-of-use, expandability, and serviceability to small- and medium-sized businesses to provide centralized network storage for up to 200 users.
ReadyNAS Pro enables users across the LAN or WAN to store, backup and share digital data from a combination of Windows, Macintosh and Linux platforms. High availability to stored data is ensured through dual-redundant Gigabit Ethernet ports and support for RAID 0, 1, 5, 6, and auto-expandable X-RAID2 provides robust protection against data loss from single disk failure.
First 802.11n Dual-Band Wireless Access Point for Small and Medium Businesses
The NETGEAR ProSafe 802.11n Dual Band Wireless Access Point (WNDAP330) is a feature-rich dual-band wireless solution that enables small- and medium-sized businesses to enjoy the enhanced speed and coverage benefits of 5GHz 802.11n wireless technology and provides the ability to support existing legacy 802.11b, 802.11g and 802.11a devices.
The WNDAP330, the first business-class dual-band wireless access point in the industry, delivers up to 10 times the coverage and 15 times the speed of 802.11g-based networks. The SNMP-manageable WNDAP330, which incorporates 802.3af Power-over-Ethernet (PoE) to eliminate power cables and simplify installation, is plenum rated for safe and convenient placement above drop-down ceilings and is ideal for deployment over large areas with support for point-to-point and point-to-multipoint bridging with Wireless Distribution System (WDS). A comprehensive security feature set includes support for WPA, WPA2, rogue AP detection, and 802.1x with RADIUS.
Improved PowerShift Partner Program Offers Partners Expanded Services, Higher Profits
NETGEAR's PowerShift Partner Program has been restructured to provide its channel partners with higher profits and a host of tools and services that make it easier to sell and support NETGEAR's industry-leading family of ProSafe business-class networking products for small- and medium-sized businesses.
The enhanced PowerShift Partner Program now includes four tiers with membership criteria based upon partner productivity. All NETGEAR resellers are eligible for the basic tier which provides and extensive list of reseller benefits, US-based technical support, sales and marketing assistance, and pre- and post-sales support. Based upon annual sales revenues, partners can become eligible for the PowerShift Gold, Platinum and Platinum Plus membership levels which provide added benefits including upfront product discounts, dedicated account managers, advanced network configuration technical support, and Market Development Funds (MDF).
About NETGEAR, Inc.
NETGEAR (NASDAQGM: NTGR) designs technologically advanced, branded networking solutions that address the specific needs of small and medium business and home users. The company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. As an ENERGY STAR(R) partner, NETGEAR offers products that prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the U.S. government. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at http://www.netgear.com/ or call (408) 907-8000.
(C) 2008 NETGEAR, Inc. NETGEAR(R), the NETGEAR Logo, ProSafe, ReadyNAS, and X-RAID are trademarks or registered trademarks of NETGEAR, Inc. in the United States and/or other countries. Other brand and product names are trademarks or registered trademarks of their respective holders. Information is subject to change without notice. All rights reserved. Actual data throughput will vary from maximum signal rates stipulated. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.:
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning the expected performance characteristics, specifications, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's products and technology are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: the actual price, performance and ease of use of NETGEAR's products may not meet the price, performance and ease of use requirements of customers; product performance may be adversely affected by real world operating conditions; new viruses or Internet threats may develop that challenge the effectiveness of security features in NETGEAR's products; the ability of NETGEAR to market and sell its products and technology; the impact and pricing of competing products and the introduction of alternative technological solutions. Further information on potential risk factors that could affect NETGEAR and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Part I - Item 1A. Risk Factors," pages 12 through 24, in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2007, filed with the Securities and Exchange Commission on February 29, 2008. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030730/NETGEARLOGO)
Photo: http://www.newscom.com/cgi-bin/prnh/20030730/NETGEARLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
NETGEAR, Inc.
CONTACT: Technology & Channel Media, Ken Hagihara of Integrity Public Relations, +1-949-768-4423, ext. 101, ken@integritypr.net; or Other Media, Lisa Hawes of Sterling Communications, +1-408-884-5155, lhawes@sterlingpr.com, both for NETGEAR, Inc.
Web site: http://www.netgear.com/
Apple Updates iMacNow with Faster Processors & Faster Graphics Option
CUPERTINO, Calif., April 28 /PRNewswire-FirstCall/ -- Apple(R) today updated its all-in-one iMac(R) line with the latest Intel Core 2 Duo processors and the most powerful graphics ever available in an iMac. With prices starting at just $1,199, iMac includes faster processors with 6MB L2 cache and a faster 1066 MHz front-side bus across the entire line, and 2GB of memory standard in most models. The 24-inch iMac now offers a 3.06 GHz Intel processor and the high-performance NVIDIA GeForce 8800 GS graphics as options, extending iMac's lead as the ultimate all-in-one desktop computer for both consumers and professionals.
"The iMac's gorgeous aluminum and glass all-in-one design has been an incredible hit with our customers and is just one of the reasons Mac sales are growing three and a half times faster than PC sales," said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing. "With the latest Intel processors, a faster new graphics option and more memory, customers now have even more reasons to love the iMac."
Packing dual-core performance into the convenience of a striking all-in-one design, the new iMac includes faster Intel Core 2 Duo processors across the line; a 1066 MHz front-side bus; up to 4GB of 800 MHz DDR2 SDRAM memory; and a widescreen flat-panel display supporting millions of colors. For the first time, the 24-inch iMac features an optional NVIDIA GeForce 8800 GS with 512MB of video memory, to deliver up to two times standard performance for graphic intensive applications*. Providing the latest in high-performance connectivity options to quickly and conveniently transfer digital photos, music and video, iMac includes built-in AirPort Extreme(R) 802.11n Wi-Fi networking for up to five times the performance of 802.11g**; Bluetooth 2.1+EDR; Gigabit Ethernet; built-in iSight(R) video camera; a total of five USB 2.0 ports (including two on the Apple Keyboard); and one FireWire(R) 400 and one FireWire 800 port.
The iMac furthers Apple's commitment to environmental progress with highly recyclable and durable materials including scratch-resistant glass and professional grade aluminum. Every model in the iMac line is rated EPEAT Silver and the power-efficient iMac also meets the stringent Energy Star 4.0 requirements for power consumption. Customers who purchase any qualifying Apple computer can recycle their old PC or Mac(R) for free via the Apple Recycling Program.
Every Mac in the Apple lineup comes with iLife(R) '08, the most significant update ever to Apple's award-winning suite of digital lifestyle applications, featuring a major new version of iPhoto(R) and a completely reinvented iMovie(R), both seamlessly integrated with the new .Mac Web Gallery for online photo and video sharing. Every Mac also includes Leopard(R), the sixth major release of the world's most advanced operating system which features Time Machine(TM), an effortless way to automatically back up everything on a Mac***; a redesigned Finder(TM) that lets users quickly browse and share files between multiple Macs; Quick Look, a new way to instantly see files without opening an application; Spaces, an intuitive new feature used to create groups of applications and instantly switch between them; a brand new desktop with Stacks, a new way to easily access files from the Dock and major enhancements to Mail and iChat(R). .Mac members can use the new Back to My Mac feature to browse and access files on their home computer from a Mac over the Internet while on the road****.
Pricing & Availability
The new iMac line is available immediately through the Apple Store(R) (http://www.apple.com/), Apple's retail stores and Apple Authorized Resellers.
The new 20-inch 2.4 GHz iMac, for a suggested retail price of $1,199 (US), includes:
* 20-inch widescreen LCD display;
* 2.4 GHz Intel Core 2 Duo processor with a 1066 MHz front-side bus;
* 1GB of 800 MHz DDR2 SDRAM expandable to 4GB;
* 250GB Serial ATA hard drive running at 7200 rpm;
* a slot-load 8x SuperDrive(R) with double-layer support
(DVD+/-R DL/DVD+/-RW/CD-RW);
* ATI Radeon HD 2400 XT with 128MB GDDR3 memory;
* built-in iSight video camera;
* built-in AirPort Extreme 802.11n wireless networking &
Bluetooth 2.1+EDR;
* mini-DVI out (adapters for DVI, VGA and Composite/S-Video sold
separately);
* built-in stereo speakers and microphone; and
* the Apple Keyboard, Mighty Mouse and infrared Apple Remote.
The new 20-inch 2.66 GHz iMac, for a suggested retail price of $1,499 (US), includes:
* 20-inch widescreen LCD display;
* 2.66 GHz Intel Core 2 Duo processor with a 1066 MHz front-side bus;
* 2GB of 800 MHz DDR2 SDRAM expandable to 4GB;
* 320GB Serial ATA hard drive running at 7200 rpm;
* a slot-load 8x SuperDrive with double-layer support
(DVD+/-R DL/DVD+/-RW/CD-RW);
* ATI Radeon HD 2600 PRO with 256MB GDDR3 memory;
* built-in iSight video camera;
* built-in AirPort Extreme 802.11n wireless networking &
Bluetooth 2.1+EDR;
* mini-DVI out (adapters for DVI, VGA and Composite/S-Video sold
separately);
* built-in stereo speakers and microphone; and
* the Apple Keyboard, Mighty Mouse and infrared Apple Remote.
The new 24-inch 2.8 GHz iMac, for a suggested retail price of $1,799 (US), includes:
* 24-inch widescreen LCD display;
* 2.8 GHz Intel Core 2 Duo processor with a 1066 MHz front-side bus;
* 2GB of 800 MHz DDR2 SDRAM expandable to 4GB;
* 320GB Serial ATA hard drive running at 7200 rpm;
* a slot-load 8x SuperDrive with double-layer support
(DVD+/-R DL/DVD+/-RW/CD-RW);
* ATI Radeon HD 2600 PRO with 256MB GDDR3 memory;
* built-in iSight video camera;
* built-in AirPort Extreme 802.11n wireless networking &
Bluetooth 2.1+EDR;
* mini-DVI out (adapters for DVI, VGA and Composite/S-Video sold
separately);
* built-in stereo speakers and microphone; and
* the Apple Keyboard, Mighty Mouse and infrared Apple Remote.
Build-to-order options and accessories include: a 3.06 GHz Intel Core 2 Duo processor, up to 4GB DDR2 SDRAM, NVIDIA GeForce 8800 GS with 512MB of video memory and up to a 1TB Serial ATA hard drive on the 24-inch iMac; up to 4GB DDR2 SDRAM and up to 750GB Serial ATA hard drive on the 2.66 GHz 20-inch iMac; and up to 4GB of DDR2 SDRAM and up to 500GB Serial ATA hard drive on the 2.4 GHz 20-inch iMac. Additional options include: Apple Wireless Keyboard and Wireless Mighty Mouse; AirPort Express(R) and AirPort Extreme Base Station; the AppleCare Protection Plan; and pre-installed copies of iWork(R) '08, Logic(R) Express 8, Final Cut(R) Express 4 and Aperture(TM) 2.
*Testing conducted by Apple in April 2008 using preproduction 24-inch iMac units with 2.8GHz Intel Core 2 Duo processors. Based on Quake 4 using 1920 x 1200 High Quality setting. Performance tests are conducted using specific computer systems and reflect the approximate performance of iMac.
**AirPort Extreme is based on an IEEE 802.11n draft specification. Actual performance will vary based on range, connection rate, site conditions, size of network and other factors.
***Time Machine requires an additional hard drive (sold separately).
****The .Mac service is available to persons aged 13 or older. Annual membership fee and internet access required. Terms and conditions apply.
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award- winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.
(C) 2008 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS, Macintosh, iMac, AirPort Extreme, iSight, FireWire, iLife, iPhoto, iMovie, Leopard, Time Machine, Finder, iChat, Apple Store, SuperDrive, AirPort Express, iWork, Logic Express, Final Cut Express and Aperture are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
Apple
CONTACT: Jennifer Hakes, +1-408-974-7439, jenniferh@apple.com, or Anuj Nayar, +1-408-974-8388, anuj@apple.com, both of Apple
Web site: http://www.apple.com/
Phoenix FailSafe(TM) Is Optimized for the Qualcomm Gobi Mobile Internet & GPS Solution- Collaboration Demonstrates Increasing Industry Support for the Only Firmware-based, Cross-x86 Platform Theft-Deterrence Solution
MILPITAS, Calif., April 28 /PRNewswire-FirstCall/ -- Phoenix Technologies Ltd. , the global leader in core systems software, today announced that Phoenix FailSafe(TM), the most advanced theft-deterrence and PC protection solution available in the industry today, is being optimized for platforms utilizing Qualcomm's Gobi(TM) technology. Such platforms have high-speed internet connectivity to all 3G and legacy 2G networks worldwide through a single high performance embedded device. Through this collaboration, Phoenix FailSafe-enabled platforms will be tracked and remotely disabled wirelessly, world-wide, in response to theft or loss of the mobile device.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO)
"With FailSafe, we continue to strive to deliver the best theft-deterrence platform at the PC core itself, hardened with a complete set of anti-theft features," said Gaurav Banga, CTO and SVP Engineering at Phoenix Technologies. We are working with critical industry leaders like Qualcomm to ensure this vital technology works on every mobile PC platform that uses the Qualcomm Gobi device for seamless wireless connectivity.
Our BIOS expertise and market leadership gives us a unique advantage over every other company in this space in that it allows us to embed functionality at the very core of all PCs. We are thus able to provide the most optimal firmware-based solution to all our hardware/device partners, raising the bar of any other solution in the industry today."
Banga added, "In addition, we will enable Qualcomm's Gobi module to work even when the PC is in hibernate or suspend mode. As a result, when our acquisition of BeInSync closes later this month, we will be able to automatically back up data through the Gobi module even when the laptop is turned off. For the first time, laptop users will not have to worry about backing up data manually every time before they switch their systems off."
Phoenix FailSafe is the only true embedded PC data protection and theft-loss solution given that it is tightly integrated with Phoenix's BIOS or firmware products that are at the foundation of more than 60% of mobile PCs in the world today. As a result, FailSafe cannot be deleted or disabled through the operating system, ensuring its data encryption and remote management protection is constantly available and functioning.
Phoenix FailSafe empowers PC OEMs and ODMs to embed an innovative command and control system into the PC core to track, control and recover lost or stolen mobile PCs. Through an easy-to-use web-based interface, users can remotely encrypt and destroy data on lost laptops to protect sensitive or private information. They can even "kill" the compromised device remotely over the wireless broadband network and then "enable" it again if/when recovered.
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.
Safe Harbor
The statements in this release 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, but not limited to, Phoenix's technology collaboration with Qualcomm and Phoenix FailSafe functionality. These statements involve risks and uncertainties, including: technical challenges and delays, including code bugs, glitches and integration issues; unexpected challenges relating to the relationship between Phoenix and Qualcomm; the product offerings of competitors, especially with respect to functionality and time-to-market; price competition; Phoenix's ability to attract and retain key employees; the ability of OEM and ODM customers to introduce and market products that incorporate and leverage the Phoenix FailSafe solution; end-market demand for solutions supported by Phoenix FailSafe; and Phoenix's ability to adequately protect its intellectual property rights. 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 Phoenix's filings with the Securities and Exchange Commission, including, but not limited to, Phoenix's annual report on Form 10-K and quarterly reports on Form 10-Q. All Phoenix forward-looking statements included in this release are based upon assumptions, forecasts and information available to Phoenix as of the date hereof, and Phoenix assumes no obligation to update any such forward-looking statements.
Contact:
Phoenix Technologies
Global Communications
Tel. +1 408 570 1060
E-mail: public_relations@phoenix.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Phoenix Technologies Ltd.
CONTACT: Phoenix Technologies, Global Communications, +1-408-570-1060, public_relations@phoenix.com
Web site: http://www.phoenix.com/
Omnicell Announces Common Stock Repurchase Program
MOUNTAIN VIEW, Calif., April 28 /PRNewswire-FirstCall/ -- Omnicell, Inc. , a leading provider of system solutions to acute healthcare facilities, announced today that its Board of Directors has approved the repurchase of an aggregate of up to $50 million of its Common Stock over the next 12 months. The Company's Board of Directors decided to pursue this course of action after a review of the Company's financial position and investment alternatives. The Company expects the stock repurchase program to be accretive to earnings.
"This decision reflects our belief that our common stock is undervalued and does not reflect the intrinsic value of Omnicell, its performance and its prospects," said Randall Lipps, Chairman, President and CEO of Omnicell. "The repurchase program supports our strategic growth initiatives while utilizing available cash to optimize stockholder value. We believe Omnicell operations will continue to generate sufficient cash to make funds available for acquisitions and internal development."
The purchases of common stock will be executed periodically as market and business conditions warrant on the open market, in negotiated or block trades, or under a Rule 10b5-1 plan, which would permit shares to be repurchased when the Company might otherwise be precluded from doing so under insider trading laws. The stock repurchase program does not obligate the Company to repurchase any dollar amount or number of shares of common stock, and the timing and amount of any stock repurchased under the program will depend on market conditions, stock price, corporate and regulatory requirements, capital availability and other factors. Repurchases may be commenced or suspended at any time or from time to time without prior notice.
About Omnicell
Omnicell, Inc. is a leading provider of systems and software solutions targeting patient safety and operational efficiency in healthcare facilities. Since 1992, Omnicell has worked to enhance patient safety and allow clinicians to spend more time with their patients.
Omnicell's medication-use product line includes solutions for the central pharmacy, nursing unit, operating room, and patient bedside. Solutions range from large central pharmacy "smart inventory" carousels to small handheld devices. From the point at which a medication arrives at the receiving dock to the time it is administered, Omnicell systems store it, package it, bar code it, order it, issue it, and provide information and controls on its use and reorder.
Omnicell's supply product lines provide a healthcare institution with fast, effective control of costs, capture of charges for payer reimbursement, and timely reorder of supplies. Products range from high-security closed-cabinet systems and software to open-shelf and combination solutions in the nursing unit, cath lab and operating room.
Omnicell's mission is to provide the best customer experience in healthcare, helping hospitals reduce medication errors, operate more efficiently, and decrease costs. For more information, visit http://www.omnicell.com/.
Forward-Looking Statement
Statements contained herein that are not historical fact may be 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 may relate, among other things, to the Company's ability to execute its common stock repurchase program; the Company's expected financial and operating results; its ability to build and grow its business; the benefits or advantages of the stock repurchase program, services, or products; its ability to achieve its goals, plans and objectives; its ability to attract and retain customers; and its acquisition and development activities. As such, they are subject to the occurrence of many events outside Omnicell's control and are subject to various risk factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statement. The risk factors are described in the caption "Risk Factors" in the Company's Securities and Exchange Commission (SEC) filings. Prospective investors are cautioned not to place undue reliance on forward-looking statements.
Omnicell, Inc.
CONTACT: Deborah Reinert of Omnicell, Inc., +1-650-251-6403, deborahr@omnicell.com
Web site: http://www.omnicell.com/
Broadcom Announces the Industry's Highest Performance and Lowest Power Dual 10GBASE-KR PHY for Backplane ApplicationsIndustry's First 65nm Dual KR-to-XAUI PHY Enables 10, 2.5 and 1 Gigabit Ethernet on Existing Low Cost Backplane Infrastructures
LAS VEGAS, April 28 /PRNewswire-FirstCall/ -- Interop 2008 -- Broadcom Corporation , a global leader in semiconductors for wired and wireless communications, today announced the industry's highest performance and lowest power 10 Gigabit Ethernet (10GbE) PHY in support of the IEEE 10GBASE-KR standard for running 10 Gbps (Gigabits per second) serial data over backplane systems. The new dual physical layer (PHY) device extends the life of today's existing systems that use four lanes to carry 10 Gbps (XAUI) data rates by providing a four times bandwidth improvement per channel. Today's announcement further extends Broadcom's comprehensive portfolio of field proven and complete end-to-end 10GbE solutions featuring switching products, PHYs and controllers. Broadcom will be demonstrating its 10GBASE-KR PHY solution at Interop 2008.
Today's blade servers and advanced telecommunications computing architecture (ATCA) equipment are self-contained, modularly designed computing systems that typically use a chassis, common backplane and Ethernet connectivity to transfer voice, video, data and multimedia within the system. However, these computing systems can only support single-channel, low bandwidth capabilities (using 1000BASE-X or 1000BASE-KX standards), or four- channel, low bandwidth per channel capabilities (using the 10GBASE-KX4 standard).
With today's higher bandwidth applications (such as virtualization, security/encryption and multimedia), as well as the need to preserve existing systems running at 1 Gbps or XAUI data rates, serial 10 Gbps data must now be driven across the backplane. Broadcom was the first silicon vendor to address this market requirement in 2007 and is now introducing its second generation product that supports the new 10GBASE-KR standard for backplane systems.
Announced today is the Broadcom(R) BCM8073 dual serial 10GBASE-KR-to-XAUI backplane PHY that builds upon five generations of field proven 10GbE serial PHY technology. Designed using 65 nanometer (nm) CMOS process technology that provides the industry's highest level of integration and lowest power consumption, the BCM8073 is an all digital signal processing (DSP)-based 10GbE PHY that provides enterprise data centers with higher bandwidth and performance, as well as significant savings in cost, resources and manpower when upgrading to 10GbE links. The BCM8073 has been verified on more than 300 existing backplane channels and has more than 3dB of margin over the worst case channels encountered in the customer base. The performance surpasses competing analog solutions that cannot sufficiently operate error free over these types of backplane channels.
"Demand for increased bandwidth is growing in every market segment from consumer to enterprise to service/content providers as newer 10GbE technologies become more cost effective," said Lorenzo Longo, Senior Director and General Manager of Broadcom's High-Speed Interconnect Products line of business. "Broadcom is the only silicon provider that offers a complete line of networking components (switches, physical layer devices (PHYs) and controllers) needed to build an end-to-end 10GbE-based data center. As such, we are uniquely positioned to take advantage of the significant growth in this market."
Technical Information
The BCM8073 dual serial 10GBASE-KR-to-XAUI backplane PHY is the highest performing solution in the market exceeding the IEEE requirements for the 10GBASE-KR standard and has the ability to drive over 40 inches of FR-4 with 3 backplane connectors. Its all DSP-based architecture allows diagnostic tools to monitor system and channel parameters such as insertion loss, channel frequency response, equalizer response and frequency offsets, in addition to key performance metrics such as bit error rate (BER) and signal-to-noise ratio (SNR). Other key features include:
* All DSP-based architecture with a fully adaptive datapath, which
continuously adapts to changes in the backplane environment such as
temperature variations and crosstalk.
* Multi-rate with support for 10GBASE-KR, 1000BASE-KX and 2.5 Gbps
applications with auto-negotiation.
* Auto programmability with 10G transmitter pre-emphasis support.
* Integrated forward error correction (FEC) capabilities.
* Low power: 1.2 Watts.
Industry's Most Comprehensive 10 Gigabit PHY Portfolio
The new BCM8073 10GBASE-KR PHY and BCM8481 10GBASE-T PHY (also announced today) secure Broadcom's position as the only silicon provider in the industry with a complete line of 10G PHY products supporting backplane, twisted pair and optical front panel applications. 10G optical front panel products include the BCM8726, BCM8706, BCM8724 and BCM8705. Broadcom's comprehensive product portfolio includes support for all 10G PHY standards: 10GBASE-T, 10GBASE-KR, 10GBASE-LRM, 10GBASE-SR/LR and 10GBASE-ER/ZR.
Green by Design
Broadcom and its foundry partners are leveraging today's most advanced lithographic node for manufacturing semiconductors. By designing solutions in 65nm process technology, Broadcom is able to provide significant environmental benefits over competitive solutions in 90nm and 130nm processes by enabling lower power consumption, smaller size and higher yields while providing higher levels of integration that result in fewer components. Additionally, Broadcom supports the current industry initiatives to remove lead (Pb) and other hazardous materials, such as halogens like bromide and chlorine, from all products. With the depth and breadth of Broadcom's advanced portfolio of market-proven IP, the company is able to drive innovative new products to market while reducing the impact on human health and the environment.
Availability and Pricing
The Broadcom BCM8073 dual serial 10GBASE-KR-to-XAUI backplane PHY is now sampling to early access customers. Pricing is available upon request.
About Broadcom
Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom(R) products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R).
Broadcom is one of the world's largest fabless semiconductor companies, with 2007 revenue of $3.78 billion, and holds over 2,600 U.S. and 1,200 foreign patents, more than 7,450 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia.
Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at http://www.broadcom.com/.
Cautions regarding Forward Looking Statements:
All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward- looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. Examples of such forward-looking statements include, but are not limited to the demand for 10GbE products, our position in that market, the impact of our products on human health and the environment and the timing of volume production for the BCM8073. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.
Important factors that may cause such a difference for Broadcom in connection with BCM8073 10 Gigabit Ethernet serial PHY products include, but are not limited to:
* the rate at which our present and future customers and end-users adopt
Broadcom's technologies and products in the markets for 10GBASE-KR
backplane applications;
* the gain or loss of a key customer, design win or order;
* our ability to scale our operations in response to changes in demand
for our existing products and services or demand for new products
requested by our customers;
* the timing, rescheduling or cancellation of significant customer orders
and our ability, as well as the ability of our customers, to manage
inventory; and
* general economic and political conditions and specific conditions in
the markets we address, including the volatility in the technology
sector and semiconductor industry, trends in the broadband
communications markets in various geographic regions, including
seasonality in sales of consumer products into which our products are
incorporated, and possible disruption in commercial activities related
to terrorist activity or armed conflict in the United States and other
locations.
Additional factors that may cause Broadcom's actual results to differ materially from those expressed in forward-looking statements include, but are not limited to:
* our ability to specify, develop or acquire, complete, introduce, market
and transition to volume production new products and technologies in a
cost-effective and timely manner;
* intellectual property disputes and customer indemnification claims and
other types of litigation risk;
* our ability to retain, recruit and hire key executives, technical
personnel and other employees in the positions and numbers, with the
experience and capabilities, and at the compensation levels needed to
implement our business and product plans the quality of our products
and any remediation costs;
* changes in our product or customer mix;
* the volume of our product sales and pricing concessions on volume
sales;
* the effectiveness of our expense and product cost control and reduction
efforts;
* our ability to timely and accurately predict market requirements and
evolving industry standards and to identify opportunities in new
markets;
* delays in the adoption and acceptance of industry standards'
* problems or delays that we may face in shifting our products to smaller
geometry process technologies and in achieving higher levels of design
integration;
* the risks and uncertainties associated with our international
operations;
* competitive pressures and other factors such as the qualification,
availability and pricing of competing products and technologies and the
resulting effects on sales and pricing of our products;
* the timing of customer-industry qualification and certification of our
products and the risks of non-qualification or non-certification;
* the availability and pricing of third party semiconductor foundry,
assembly and test capacity and raw materials;
* fluctuations in the manufacturing yields of our third party
semiconductor foundries and other problems or delays in the
fabrication, assembly, testing or delivery of our products;
* the risks of producing products with new suppliers and at new
fabrication and assembly facilities;
* the effects of natural disasters, public health emergencies,
international conflicts and other events beyond our control; and
* the level of orders received that can be shipped in a fiscal quarter.
Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement, except as required by law.
Broadcom(R), the pulse logo, Connecting everything(R), and the Connecting everything logo are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.
Broadcom Trade Press Contact
Heather A. Roberts
Media Relations Manager
408-922-8195
hroberts@broadcom.com
Broadcom Investor Relations Contact
T. Peter Andrew
Vice President, Corporate Communications
949-926-5663
andrewtp@broadcom.com
Photo: http://www.newscom.com/cgi-bin/prnh/20060609/BROADCOMLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Broadcom Corporation; BRCM Enterprise Networking
CONTACT: Press, Heather A. Roberts, Media Relations Manager, +1-408-922-8195, hroberts@broadcom.com, or Investor Relations, T. Peter Andrew, Vice President, Corporate Communications, +1-949-926-5663, andrewtp@broadcom.com, both of Broadcom Corporation
Web site: http://www.broadcom.com/
ICSA Labs to Test Security for New Cellular and Internet Protocol TechnologiesTesting is Focus of Fourth Annual IP Security Forum
MECHANICSBURG, Pa., April 28 /PRNewswire/ -- ICSA Labs, an independent division of Verizon Business, will test the security aspects of new cellular and Internet protocol technologies at the fourth annual Internet Protocol Security (IPsec) forum next month.
The event, to be held by ICSA Labs May 19-23 in San Antonio, Texas, enables security vendors to test new products that work with the latest security-related protocol, called Internet Key Exchange version 2 (IKEv2). ICSA Labs will focus on testing two new technologies: femtocells and IPv6.
Femtocells are small mobile base stations that enable standard cellular devices to connect to a mobile carrier's network through a broadband connection, which results in more capacity and improved service, especially indoors. This emerging technology is quickly advancing to market, and ICSA Labs testing will assist vendors in verifying that femtocell devices are secure and interoperable.
IPv6 is the next-generation protocol for the Internet, and one key attribute of this technology is its built-in security functionality. ICSA Labs will use the forum to test the interoperability of IPsec for IPv6 to help companies prepare their networks as they move from IPv4, the current Internet standard.
Industry experts expect IPv6 to pick up momentum in the coming months. On June 30, all federal government agencies must add IPv6 capability as mandated by the Office of Management and Budget (OMB). IPv6 can support a virtually unlimited number of IP addresses -- a critical need as the number of networks and devices using the Internet continues to grow.
"Our previous forums have been extremely successful, enabling vendors to collect valuable data about their products and learn how they work with other products," said George Japak, managing director, ICSA Labs. "Many vendors have continued their commitment to providing secure and interoperable products by certifying their IPsec IKEv2 products with ICSA Labs."
For more information about the ICSA Labs IKEv2 Interoperability Workshop IV, please visit http://www.icsalabs.com/ipsec.
About ICSA Labs
ICSA Labs, an independent division of Verizon Business, offers vendor-neutral testing and certification of security products. Many of the world's top security vendors submit their products for testing and certification at ICSA Labs. Businesses rely on ICSA Labs to authoritatively set and apply objective testing and certification criteria for measuring product compliance and reliability. For more information about ICSA Labs, please visit: http://www.icsalabs.com/.
About Verizon Business
Verizon Business, a unit of Verizon Communications , is a global IP leader and network-based partner for delivering integrated communications and information technology (IT) solutions to large-business and government customers worldwide. Combining unsurpassed reach with managed services, security, mobility, collaboration and professional services capabilities, Verizon Business delivers global solutions that power innovation and enable its customers to do business better. For more information, visit http://www.verizonbusiness.com/.
Verizon Business
CONTACT: Brianna Carroll Boyle of Verizon Business, +1-703-886-7093, brianna.boyle@verizon.com
Web site: http://www.verizonbusiness.com/ http://www.verizon.com/ http://www.icsalabs.com/
Company News On-Call: http://www.prnewswire.com/comp/618232.html
Giant's ZT Online reaches a PCU of Over 2.1 Million, Representing a New Record in the Chinese Online Game Industry
SHANGHAI, China, April 28 /Xinhua-PRNewswire-FirstCall/ -- Giant Interactive Group Inc. (''Giant'' or ''the Company''), one of China's leading online game developers and operators, announced today that peak concurrent users (''PCU'') for its hit game, ZT Online, reached 2,102,118 at 8:42PM (Beijing Time) on April 26, 2008. This represents a new reported PCU record in the Chinese online game industry.
Mr. Yuzhu Shi, Chairman and Chief Executive Officer of Giant, commented, ''Although our flagship game ZT Online has been commercially launched for over two years now, we have continued our enhancement efforts of the game via constant improvements and new feature releases, in accordance to our focused strategy and our five year R&D game enhancement plan for ZT Online. As a result, we are very pleased to see that our player numbers have continued to grow substantially within a short period of time. This is an excellent testament to our strategy and R&D plan, and we expect to continue our enhancement efforts for ZT Online moving forward.''
Mr. Xuefeng Ji, General Manager of the ZT Online Business Unit, commented, ''Our robust R&D strength, as well as our deep understanding and constant analysis of our gamers has enabled us to introduce new gameplay features in accordance with gamers' preferences. For example, ZT Online has pioneered features such as the 'salary system' for non-paying accounts to stay more competitive against their paying rivals. Recently, we have also introduced the Neighboring Friends expansion pack to display the physical locations of the gamers in order to promote social networks and to expand our overall community. Leveraging upon our proprietary server technology, ZT Online shards can now encompass over 40,000 concurrent players. For example, one of the shards named 'Tian Ma Zai Xian' alone has sustained 43,297 PCU recently, which to our knowledge, represents a new reported PCU record for a single shard within the Chinese online game industry. This expanded in-game community has attracted many new players to join, thus contributing to the continued growth momentum of ZT Online.''
About Giant
Giant is one of China's leading online game developers and operators in terms of revenues, focusing on massively multiplayer online role playing games. Giant's game, ZT Online, was voted the most popular online game in China in 2006 according to the International Data Corporation. The Company's second game, Giant Online, entered into open beta testing on March 28, 2008. Giant has two additional online games that it intends to commercially launch, including King of Kings III and Empire of Sports. Giant has built a nationwide distribution network to sell the prepaid game cards and game points required to play its games, which as of December 31, 2007 consisted of over 200 distributors, and reached over 116,500 retail outlets, including internet cafes, software stores, supermarkets, bookstores, newspaper stands, and convenience stores located throughout China. For more information, please visit Giant Interactive Group Inc. on the web at http://www.ga-me.com/ .
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934 relating to, among other things, Giant's ability to continue to enhance its R&D and increase its player base. Giant's industry is highly competitive and it faces a number of risks including those outlined under ''Risk Factors'' beginning on page 12 of Giant's prospectus filed with the Securities and Exchange Commission on November 1, 2007. Giant undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release. Such information speaks only as of the date of this release.
For more information, please contact:
Investor Contact:
Eric He, CFO
Giant Interactive Group Inc.
Tel: +86-21-6451-5001
Investor Relations (US):
Mahmoud Siddig
Taylor Rafferty
Tel: +1-212-889-4350
Investor Relations (HK):
Ruby Yim
Taylor Rafferty
Tel: +852-3196-3712
Media Contact:
John Dudzinzky
Taylor Rafferty
Tel: +1-212-889-4350
Giant Interactive Group Inc.
CONTACT: Investor Contact, Eric He, CFO of Giant Interactive Group Inc., +86-21-6451-5001; Investor Relations (US), Mahmoud Siddig, +1-212-889-4350, or Investor Relations (HK), Ruby Yim, +852-3196-3712, or Media Contact, John Dudzinzky, +1-212-889-4350, all of Taylor Rafferty, for Giant
Web Site: http://www.giantig.com/
LSI to Form Multi-Service Business Gateway AllianceMSBG solutions to enable quad-play service delivery for SMB and enterprise remote branch office customers
MILPITAS, Calif., April 28 /PRNewswire-FirstCall/ -- LSI Corporation today announced an initiative to form a multi-service business gateway (MSBG) alliance and the availability of a reference platform to enable rapid development of MSBG solutions. The formation of the alliance represents an industry-wide effort among founding members that include service, system and components providers. The primary mission of the new alliance is to accelerate the development of MSBG systems and complete solutions for service providers.
"Managed business services represent a key growth opportunity for service providers," said Ibrahim Gedeon, chief technology officer, Telus. "The MSBG alliance and reference platform can help accelerate the delivery of managed services to business customers and will play an important role in defining next-generation solutions."
MSBG solutions can replace PBX, media gateways, Internet access devices, firewalls and routers with a single, cost-effective multi-service platform. Using MSBG technology, service providers will be able to offer small and medium business (SMB) customers access to enterprise-grade managed services and provide enterprise customers with access to corporate-level voice, video and data services at remote branch office (RBO) locations.
"Customer demand for multiple services consolidated into fewer devices at the Internet gateway is growing," said Abner Germanow, director of Enterprise Networking Research at IDC. "Reducing hardware footprint is a big first win and IDC expects new value to emerge from functions that operate more effectively together when paired on a common platform."
MSBG solutions deliver integrated services including secure, unified communication, high-speed connectivity and mobility by consolidating routers, gateways and access devices. As a result, service providers who deploy MSBG platforms will be better equipped to deliver new applications and managed services to SMB and RBO locations.
"LSI and other MSBG alliance members are creating the open technology platform to deliver high-performance solutions for the emerging hosted business services market," said Tony Pereira, business leader, Business Communications Portfolio, Nortel. "Nortel is excited about leading with our Business Services Gateway into this segment."
Charlie Kawwas, vice president of segment marketing, Networking and Storage Products Group, LSI, said, "Early on, LSI recognized the potential of the MSBG market, but also realized that a reference platform and solution delivery alliance were necessary for the market to flourish. Through the combined efforts of MSBG alliance members, service providers will now have the technology required to deliver new managed business services at a much faster pace."
LSI will showcase its MSBG solutions at Interop 2008, April 28 to May 1, in the Mandalay Bay Resort and Casino, Las Vegas, Nev. Alliance members will showcase their solutions in the LSI booth, Palm H, and will announce their participation during Interop 2008. On Tuesday, April 29, at 10:15 a.m. at Reef E, Kawwas will be joined by Pereira, where they will jointly present the session Managed Services: The Real-Time Tipping Point. This session will explore the new services and efficiencies enabled by the application of MSBG systems.
About LSI
LSI Corporation is a leading provider of innovative silicon, systems and software technologies that enable products which seamlessly bring people, information and digital content together. The company offers a broad portfolio of capabilities and services including custom and standard product ICs, adapters, systems and software that are trusted by the world's best known brands to power leading solutions in the Storage and Networking markets. More information is available at http://www.lsi.com/.
Editor's Notes:
1. All LSI news releases (financial, acquisitions, manufacturing,
products, technology, etc.) are issued exclusively by PR Newswire and
are immediately thereafter posted on the company's external website,
http://www.lsi.com/.
2. LSI and the LSI logo design are trademarks or registered trademarks of
LSI Corporation or its subsidiaries.
3. Telus is a registered trademark of Telus Corporation.
4. Nortel is a registered trademark of Nortel Networks.
5. All other brand or product names may be trademarks or registered
trademarks of their respective companies.
LSI Corporation
CONTACT: Dan Devine of LSI Corporation, +1-610-712-6802, dan.devine@lsi.com
Web site: http://www.lsilogic.com/
Neonode Lands Major Deal in Germany
STOCKHOLM, Sweden, April 28 /PRNewswire-FirstCall/ -- Neonode , the Swedish mobile communication company that develops touch screen technologies and designs mobile handsets, today announced it has entered the largest market in Western Europe by striking a deal with Brodos AG, one of the leading distributors and retailers in Germany. The German market comprises 25.6% of all handset sales in Europe; according to a 2007 industry report by market research firm RNCOS.
Brodos AG has a wide-ranging franchising system of major retailers, including the company's independent mobile chain of 500 outlets, my-eXtra. Brodos is the provider of major brands such as Nokia, Samsung, Sony Ericsson and LG. In addition to its own stores, my-eXtra supplies about 5,000 German dealers with mobile phones and enhancements.
The Neonode N2 will initially be sold in my-eXtra's stores beginning in May and subsequently rolled out in Brodos' extensive network of independent retailers. The first shipment was made in April.
With subscription at major carriers such as T-Mobile, Vodafone, E-Plus and O2 the Neonode N2 may be available to customers for as low as 1 EURO.
"Neonode N2 is a powerful and versatile multimedia mobile phone with state-of the-art touch screen technology that is likely to be well-received by our network of dealers," said Stefan Vitzithum, CPO at Brodos AG. "We are confident that the Neonode N2 will be an attractive addition to our portfolio of consumer technology products."
Neonode's entry into Germany and Brodos AG is facilitated by Sapera GmbH, a major market entry and sales specialist liaised with all leading mobile operators, major distributors and service providers nationwide. As Neonode's sales agent Sapera will, as a continuance, broaden the Company's distribution and marketing reach in Germany.
"We feel that this partnership holds great possibilities and the Sapera-Brodos arrangement enables Neonode a perfect entry into Germany," said Per Hellberg, Vice President of Sales at Neonode. "It is with great reassurance we are now launching the Neonode N2 in the largest Western European market."
The Neonode N2 will debut in Germany on April 28 in a pre-launch campaign on the exclusive online fashion and lifestyle shopping community BuyVIP (http://www.buyvip.de/).
For more information:
Karin Lehmann, Information Manager
Neonode
Tel: +46 8 678 18 50
Allen & Caron Inc
Tel: +1 212 691 8087
Media: Brian Kennedy (brian@allencaron.com)
Investors: Rudy Barrio (r.barrio@allencaron.com
About Neonode Inc.
Neonode designs and develops intuitive technologies and products. The company's focus is on solutions that increase the user experience of complex or monotonous devices. With offices in Stockholm, Sweden, San Ramon, USA, Shanghai and Hong Kong, China, Neonode Inc. is a publicly traded company with licenses and products sold worldwide through both direct web sales and local distribution partners. Neonode USA markets Neonode's innovative products within North America, Latin America and China and is the exclusive worldwide licensor of the Neonode Intellectual Property to third parties. Neonode USA's main office is located in New York, USA. For more information, visit http://www.neonode.com/
About Brodos AG
Brodos AG, founded in 1991, with headquarters in Baiersdorf, Germany and offices in Berlin and Hamburg, specializes in the distribution of telecommunication products. In 2007, the Company had a turnover of over 220 million Euros. Brodos AG employs about 200 employees in the business areas my-eXtra distribution and shops and in the IT services 'CashUp' and 'brodos.net'. Brodos is one of the three largest telecommunication distributors in Germany. Since 2004 Brodos is on continuous growth rate in the German telecommunication market with its franchise system my-eXtra -- Germany's independent mobile chain. For more details please visit http://www.brodos.com/
About my-eXtra
my-eXtra is Germany's independent mobile chain and distributes the four original German operators T-Mobile, E-Plus, Vodafone and O2 as well as all leading mobile phone brands (Nokia, Sony Ericsson, Samsung, Motorola, LG). The independent mobile chain is represented with its uniform orange-colored shop system throughout Germany. my-eXtra has grown continuously since the founding of the retail chain in 2004. Currently the offerings of my-eXtra are available in over 500 stores. For more details please visit http://www.my-extra-shops.de/
For more information:
Christian Blank, Press contact
Brodos AG
Tel: +49 9133 7770-4872
About BuyVIP
BuyVIP is a closed shopping community in the internet. Its members are invited to take part in temporally and quantitatively limited campaigns and to buy exclusive products and brands of the fashion and lifestyle sector. BuyVIP is growing by godparent hoods and co-operations with popular communities like Lokalisten or MySpace. Producers get the opportunity to sell overstocks and last season's products directly to their target group. By the exclusiveness of the community, brands are not damaged and cannibalization of brands can be avoided. The high level of activation of the members enables BuyVIP secure a high turnover of their partner's brands. This business model is irresistible, both for producers and its members. For further information, please have a look at http://www.buyvip.de/presse.
For more information:
Anna Friedemann, Press contact
BuyVIP
Tel: + 49 3025 7620 516
About Sapera GmbH
Sapera is the market entry specialist for wireless devices into the Central European markets. Its management and owners dispose of long term experience from the mobile industry, device manufacturers, mobile network operators and sales channels. The company sustains excellent relationships to all leading mobile network operators, the major distributors and service providers in Germany, Austria, Switzerland, Benelux and other European countries. Customers and partners are as well device manufacturers, network operators and solution integrators. Sapera's portfolio covers business development, marketing and strategic management consulting and sales especially in complex and competitive market environments. With its setup Sapera is able to deliver short term successful go to market concepts and realization. Sapera, being privately owned, is based in Monchengladbach and was founded in 1999.
For more information:
Georg Steimel, Managing Director
Sapera GmbH
Tel: +49 2161 5767 915
Forward-Looking Statements
This news release contains certain forward-looking statements that involve risks and uncertainties, including statements regarding future products and technology developments. Such statements are only predictions and the company's actual results may differ materially from those anticipated in these forward-looking statements. Factors that may cause such differences include, but are not limited to, the ability of Neonode to develop and sell new products and technologies. These factors and others are more fully discussed in the documents the company files from time to time with the Securities and Exchange Commission, particularly, the company's most recent Form 10-K and Form 10-Q. Neonode and the Neonode logo are registered trademarks of Neonode Inc. All other brand or product names are trademarks or registered trademarks of their respective holders.
Neonode Inc.
CONTACT: Karin Lehmann, Information Manager of Neonode, +46 8 678 18 50; or Media, Brian Kennedy, brian@allencaron.com, or Investors, Rudy Barrio, r.barrio@allencaron.com, both of Allen & Caron Inc, +1-212-691-8087, for Neonode Inc.; or Christian Blank, Press contact of Brodos AG, +49 9133 7770-4872; or Anna Friedemann, Press contact of BuyVIP, +49 3025 7620 516; or Georg Steimel, Managing Director of Sapera GmbH, +49 2161 5767 915
Web site: http://www.neonode.com/
Scopus Scheduled to Release First Quarter 2008 Results on Monday, May 5, 2008Conference Call Scheduled for May 5, 2008 at 1:00pm ET
TEL AVIV, Israel, April 28 /PRNewswire-FirstCall/ -- Scopus Video Networks , announced today that it will be releasing its first quarter 2008 results on Monday, May 5, 2008.
The Company will also be hosting a conference call later that same day at 1:00pm ET. On the call, management will review and discuss the results, and will be available to answer investor questions.
To participate, please call one of the following teleconferencing numbers. Please begin placing your calls at least 10 minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.
US Dial-in Number: 1-866-652-8972
UK Dial-in Number: 0-800-917-4613
Israel Dial-in Number: 03-918-0691
International Dial-in Number: +972-3-918-0691
at:
1:00pm Eastern Time, 10:00am Pacific Time, 6:00pm UK Time,
8:00pm Israel Time
For those unable to listen to the live call, a replay of the call will be available from the day after the call in the investor relations section of Scopus's website, at: http://www.scopus.net/
About Scopus Video Networks
Scopus Video Networks develops, markets, and supports digital video networking solutions that enable network operators to offer advanced video services to their subscribers. Scopus solutions support digital television, HDTV, live event coverage, and content distribution. Scopus' comprehensive digital video networking solutions offer intelligent video gateways, encoders, decoders, and network management platforms. Scopus' solutions are designed to allow network operators to increase service revenues, improve customer retention, and minimize capital and operating expenses. Scopus customers include satellite, cable, and terrestrial operators; broadcasters; and telecom service providers. Scopus solutions are used by hundreds of network operators worldwide. For more information visit: http://www.scopus.net/
Company Contact: Investor Relations Contact
Moshe Eisenberg Ehud Helft / Kenny Green
Chief Financial Officer GK Investor Relations
Tel: +972-3-900-7100 Tel: (US)+1-646-201-9246
Moshee@scopus.net info@gkir.com
Scopus Video Networks Ltd
CONTACT: Company Contact: Moshe Eisenberg, Chief Financial Officer, Tel: +972-3-900-7100, Moshee@scopus.net; Investor Relations Contact, Ehud Helft / Kenny Green, GK Investor Relations, Tel: (US)+1-646-201-9246, info@gkir.com
Lockheed Martin Promotes Secure Coding Best Practices with SANS Institute PartnershipWill Introduce New Employee Certification for Software Developers to Assure Secure Coding
GAITHERSBURG, Md., April 28 /PRNewswire/ -- Lockheed Martin is partnering with the SANS Institute to reduce cyber security vulnerabilities that may be introduced during software development. Through a new certification program and training initiatives, Lockheed Martin developers will be given new skills to further enhance the security of the code they write.
Initially, the SANS Lockheed Martin project will allow Lockheed Martin to assess the secure coding skills of 75 programmers, provide training to improve their skills, and certify its developers through a rigorous certification exam. Based on the results of the assessment and training, the program may be expanded to train a broader developer workforce.
"We are pleased to see Lockheed Martin adopt the GSSP certification and become the first systems integrator to provide its customers with assurance that the people building applications actually understand how to write secure code," said Alan Paller, Director of Research, SANS Institute. "Using industry standard certification for secure application development is essential to delivering secure solutions to customers," he said.
Lockheed Martin developers will be offered assessments, skills development, and certification for secure coding through the SANS Institute. The new Global Information Assurance Certification (GIAC) Secure Software Programmer (GSSP) examinations offered by SANS reliably measure mastery of the essential competencies for secure programming developed by the Secure Programming Council, a global consortium of individuals and organizations. The examinations use questions with real code examples, are currently available for Java, C and .NET developers, and are offered through SANS Institute.
"Lockheed Martin integrates all aspects of information assurance into every solution it delivers and continues to invest in proactive security measures," said Dr. Eric Cole, Senior Cyber Security Fellow, Lockheed Martin IS&GS. "We are committed to improving secure software development practices and are certifying our employees who are working in the area of cyber security on customer programs," he continued.
Secure coding best practices can reduce risk to Federal agencies that depend on Internet-facing web applications to deliver service to the citizen. Carnegie Mellon estimates that up to 90 percent of reported security incidents result from the exploitation of defects in software code or design.
Established in 1989, The SANS Institute is the trusted source for information security training, research and certification. With a community of more than 165,000 and over 15,000 students in 30 countries each year, it is also the largest. SANS also develops, maintains, and makes available at no cost, a large collection of information security related research documents and it operates the Internet's early warning system, The Internet Storm Center (http://www.isc.org/).
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2007 sales of $41.9 billion.
Lockheed Martin
CONTACT: Media Contact: Mary Phillips, +1-301-240-5488, mary.phillips@lmco.com; SANS contact: Mason Brown, +1-865-692-0978, mbrown@sans.org; For more on GSSP: http://www.sans.org/gssp or email spa@sans.org
Web site: http://www.isc.org/
Raytheon Inspires Students With New Virtual World of Math Via MathMovesU.com- Recent poll confirms math interest wanes in middle school -
WALTHAM, Mass., April 28 /PRNewswire/ -- A recent national survey of middle school students revealed that interest in math tends to wane during the crucial middle school years. This finding supports the critical need for tools like MathMovesU.com to keep children interested in math at an early age.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080428/NEM016 )
In a Raytheon Company-commissioned survey by Zogby International of children in sixth-to-eighth grade, 79 percent of 11-year olds like math. However, among 14-year olds, that number drops to 65 percent. Twenty-nine percent list math as their favorite subject, but enthusiasm in sixth grade (33 percent) drops by the time students are in eighth grade (24 percent). Twenty- nine percent of all middle school students cite math as their least favorite subject (28 percent of sixth graders vs. 32 percent of eighth graders).i This declining math interest continues throughout high school and college and, ultimately, prevents students from pursuing math and science careers.
As a consequence, Raytheon has revitalized its MathMovesU.com, the first math-based virtual world aimed at addressing the math education crisis in the United States by engaging middle school students.
Found at http://www.mathmovesu.com/, this new virtual world captures the imaginations of middle school students, fueling their interest in math by providing rich content tied to kids' life passions. Through research and focus groups, Raytheon identified music, fashion and sports as the three categories of interest that appeal to the broadest set of middle school students and developed virtual worlds on each of these subjects.
Students interact with each world through games, quizzes, polls and "factoids," which help to illustrate the math inherent in both the virtual and real world. Additionally, an online resource center in the site called MathMovesUniversity offers math help to students and additional content for teachers. The site uses customizable avatars, a virtual points system and digital download prizes to give the students the type of experience found on gaming and interactive sites.
"I am impressed with MathMovesU.com's capabilities in providing a supplemental educational resource for middle school students," said Brent Edwards, gifted-ed coordinator and math teacher, Desert Sky Middle School, Vail School District, Ariz. "Raytheon has provided my students with a novel tool, closely aligned with state and national standards, to help them learn and be excited about math at the same time. I'm confident that students will benefit from using the site."
"Raytheon believes that tomorrow's technologists and innovators need to be excited about math throughout their educational career and more specifically in middle school where interest typically drops," said Kristin Hilf, Raytheon vice president of community relations and corporate giving. "MathMovesU.com provides us with an opportunity to interact with kids in a hands-on way to enable them to unlock their own passion for math and science and use it to unlock doors in their future careers."
MathMovesU.com is the focal point of Raytheon's MathMovesU program, launched in the Fall of 2005. MathMovesU was created by Raytheon to help reverse the trend in declining math scores among American middle school students. The program encourages students to realize their math potential and reinforces their math skills through hands-on interaction including live events, mentoring and tutoring programs and competitions. Since the program's inception, MathMovesU has awarded more than $2 million in grants and scholarships to students, teachers and schools.
Zogby survey findings include:
-- General attitudes about math are improving. Seventy-two percent of
middle school students said 'they like math.'
-- Students want a more active learning experience to make math more fun.
Sixty-six percent of the surveyed students indicated that active
learning (e.g. playing games and having hands-on interaction with real
life examples) would make math more fun and interesting.
-- The engineering field has a brand identity problem among middle school
students. Most students have no idea how to define engineering. When
asked what they think engineers do, students' responses ranged from
'drives a train' to 'operates machinery.' Only four percent of students
say that engineering requires math skills. Only 18 percent make the
connection between engineering and the exciting design and innovation
opportunities that exist within the engineering field. Seventy percent
of middle school students say they would like jobs in the engineering
field, but of those students, only 38 percent realize it. Fifty-three
percent would like a job designing and building rides at amusement
parks. Forty-two percent would like a job designing video games.
Thirty-seven percent would like to work on equipment that explores Mars.
-- Children would rather do anything other than their math homework.
Instead of math homework, 89 percent of middle school students would
rather do their chores than math homework. Sixty-two percent would
rather brush their teeth; 36 percent would rather take out the garbage;
and 33 percent would rather go to bed early.
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:
(1) Zogby International was commissioned by Raytheon to conduct a national telephone survey of children in sixth through eighth grade during January 2008. The target sample was 425 interviews with approximately 18 questions asked. Samples were randomly drawn from a purchased list of middle school students. Zogby International surveys employ sampling strategies in which selection probabilities are proportional to population size within area codes and exchanges. Up to six calls were made to reach a sampled phone number. Cooperation rates were calculated using one of the American Association for Public Opinion Research's approved methodologies and are comparable to other professional public-opinion surveys conducted using similar sampling strategies. Weighting by region and gender is used to adjust for non-response. The margin of error is +/- 4.9 percentage points. Margins of errors are higher in sub-groups.
Contacts:
Jennifer Chan Bradley Matthews
Raytheon Company Text 100 for Raytheon
781.879.2030 212.331.8439
jennifer_k_chan@raytheon.com bmatthews@text100.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080428/NEM016 PRN Photo Desk, photodesk@prnewswire.com
Raytheon Company
CONTACT: Jennifer Chan of Raytheon Company, +1-781-879-2030, jennifer_k_chan@raytheon.com; or Bradley Matthews of Text 100 for Raytheon, +1-212-331-8439, bmatthews@text100.com
Web site: http://www.raytheon.com/ http://www.mathmovesu.com/
CSC to Webcast Institutional Investor Meeting
FALLS CHURCH, Va., April 28 /PRNewswire-FirstCall/ -- Computer Sciences Corporation today announced that it will host an institutional investor meeting on Thursday, June 5, 2008, at the Barclay InterContinental Hotel in New York City from 8:30 a.m. until 12:30 p.m., followed by lunch. Key members of CSC's executive leadership will discuss the company's longer-term strategic, operational and financial goals.
The meeting will be webcast simultaneously through a link on the company's Web site at http://www.csc.com/investorrelations. Webcast participants will be in a listen-only mode. A replay will be available on the CSC Web site beginning at 4:00 p.m. EDT on Thursday, June 5 through Friday, Aug. 1, 2008 at 8:00 p.m. EDT.
Please visit the Investor Registration site at http://www.csc.com/ir for further information and to register to attend, make hotel reservations and confirm lunch attendance.
About CSC
Computer Sciences Corporation is a leading IT services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.
With approximately 91,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. CSC reported revenue of $16.1 billion for the 12 months ended Dec. 28, 2007. For more information, visit the company's Web site at http://www.csc.com/.
Computer Sciences Corporation
CONTACT: Bill Lackey, Director, Investor Relations, Corporate, +1-310-615-1700, blackey3@csc.com, or Mike Dickerson, Director, Media Relations, Corporate, +1-310-615-1647, mdickers@csc.com, both of Computer Sciences Corporation
Web site: http://www.csc.com/
CCID Consulting: 'Convergence of Black and White' -- Inspiration from the Merging of Meiling by Changhong
BEIJING, April 28 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong , recently released its article on the inspiration from the merging of Meiling by Changhong.
As an important method of enterprise growth, a successful merge could optimize resource allocation among enterprises efficiently, promote the concentration of resources and transform organization structures, and boost upgrades of industrial structure. However, integrated management could be a key point in deciding if the enterprises may operate efficiently and fulfill its prospect after merging. According to relative statistics by CCID Consulting, the failure rate of global enterprises merging and restructuring is over 50%. An important reason behind this is the ignorance of effective integration after merging, and HR and culture could be an important factor in over 80% of failed cases, as is illustrated in Table 1.
Table 1: The five major factors lead to failure in merging & restructure
Factor proportion
HR management (problems related with management,
interpersonal relationship and conflict of enterprise
cultures) 85%
Lack of mutual understanding 24%
Lack of clear target and plan 35%
Lack of financial analysis 17%
Lack of coordination due to incoherence 9%
Source: CCID Consulting, April 2008
Two independent companies of different characters, cultures and value systems converge together by merging. A successful merging always depends on the effective integration of different organizations, the "convergence of black and white" with the merging of Changhong and Meiling is one of the few successful merging cases in recent years.
Apart from the limitation of tangible assets restructure, the merging of Changhong and Meiling also took culture convergence as a key factor during the procession. We may draw conclusions as illustrated below in Table 2 by analyzing the merging procession and operation achievements for the past two years.
Table 2: Major factors in HR management in merging of Changhong and
Meiling
Importance Major factors
1 Enterprise culture convergence
2 Effective communication
3 Detain key management personnel
4 More stimulation and income for employees in
target enterprise
5 The management team of buyer gets trust and
respect
Source: CCID Consulting, April 2008
The success of Changhong may serve as a reference for enterprises merging
First of all, take different enterprises' cultural integration strategy according to cultural characters on both sides. CCID Consulting divides enterprises' cultural convergence into four types according to the power of the enterprise as illustrated in Figure 1. It could be said that the contrast of cultural status and power may decide the method for convergence. The proper choice of the cultural integration method is the basis of the successful merging of Changhong and Meiling. However the decision makers at Changhong have always clear awareness of the real target for enterprise cultural convergence, that is, merging needs to take into account cultures on both sides based on equality, mutual benefit and integrity rather than conflict. Mr. ZHAO Yong, the chairman of Changhong Group and Meiling Shares, made commented on the integration of cultures in both enterprises, "What happens to Changhong and Meiling is strategic cooperation other than merging or restructure." He even calls for Changhong employees sent to Meiling should "learn to Meiling." Therefore, Changhong chose an integration model properly, which allows a smooth operation in Meiling with less barriers as an important step for a successful merging.
Figure 1: Culture integration model in enterprise merging
http://www.ccidconsulting.com/upload/12988.jpg
Source: CCID Consulting, April 2008
Secondly, effective communication could be an important method for fast convergence. Before the merging, Changhong had worked out a framework and plan for effective communication and took great efforts to implement it during the procession. Changhong had three requests to the new management team of Meiling: respect, be honest and compromise. It is "to respect the basic systems in Meiling with an open mind based on modesty, honesty and passion, make adequate compromises for those conflicts of non-principle." All these principles worked as the key in Meiling. Changhong pays special attention to cultural integration with different backgrounds and avoids the "convergence without solidification" in most merging.
Thirdly, it is also important to retain existing personnel apart from sufficient and effective communication; otherwise the merging could be rather frothy. Changhong is very clear of that, which is indicated by a private talk between ZHAO Yong and WANG Yong, "The value of Meiling is its group, it has no value without this team." An enterprise is formed by people. Skilled and experienced staff can only be retained with no influence for future operations by the consideration in economic stimulations such as working environment, working atmosphere, working guarantee, working tension & pressure as well as career future. Changhong had fully considered these, sending three senior managers to Meiling at the beginning who were arranged in the areas of worst performance and toughest environment. Even people from Meiling mentioned that "it was like banishment to be sent to these areas before." Consequently the recognition and respect of Changhong to Meiling got the trust and respect from employees in Meiling.
Finally, giving more stimulation and benefit to employees of target enterprise is integral to realize the successful merging by Changhong. During the HR integration in the merging, the acknowledgement of existing employee is a major factor in keeping a high passion and a faithful loyalty from employees, and the most simple way to show this is economic stimulation. In the year end bonus plan and implementation of 2006, Changhong made most Meiling employees experience the achievement of all reforms after the merging that all bonuses have been issued with the amount beyond expectation.
The cultural integration should focus on convergence, to be led by the strategic target of both sides based on equality, make comprehensive analysis to enterprise culture of both sides, keep the advantage and get rid of short-comings for a coherent convergence in the end. Implement the strategy widely accepted by both sides based on the mutual benefit and cultural environment and carry out the systems in the new enterprise for better popularization. The combination of Changhong and Meiling could be a successful example.
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, Coordinating Manager of CCID Consulting Co., Ltd., +86-10-8855-9080, or liuyan@ccidconsulting.com
Harris Corporation Antenna Reflector for Mobile Communications Satellite Deployed Successfully
MELBOURNE, Fla., April 28 /PRNewswire-FirstCall/ -- An antenna reflector built by Harris Corporation for the geosynchronous ICO G1 global communications satellite was successfully deployed on orbit Saturday, April 26, and will play a key role in providing next-generation mobile communications services across North America.
Harris Government Communications Systems provided the reflector and onboard articulating boom to Space Systems/Loral for ICO Global Communications (Holdings) Limited. The Harris 12-meter reflector features a unique design that allows it to be stowed in a smaller space, while providing increased antenna gain and improved performance required for mobile interactive media services.
Designed and built by Space Systems/Loral and launched April 14 from Cape Canaveral, the ICO G1 satellite will provide next-generation communications services across the U.S., Puerto Rico and the Virgin Islands. Trials of interactive mobile video, navigation, and emergency assistance services -- to be known as ICO mim(TM) -- will be conducted by ICO later this year. The Harris antenna reflector enables the ICO satellite to focus 2 GHz S-band signals on North America.
"This on-orbit success reflects our continuing commitment to providing the most advanced unfurlable reflector designs that meet the challenges of mobile communications providers and satellite broadcasters," said Jeremy Wensinger, group president of Harris Government Communications Systems. "The larger reflector size was achieved by using a patented Harris design and is key to providing new, high-quality satellite services to a full range of portable communication devices. We are pleased to be part of the Loral/ICO team in bringing these next-generation satellite services to users across the nation."
The reflector features a Harris-patented, gold-plated mesh reflective surface and a unique design that maximizes antenna gain while reducing stowed volume and antenna mass. During launch, the Harris reflector was stowed onboard the satellite much like an umbrella. Once on orbit, ground controllers sent a command signal to the satellite to unfurl the reflector. Minutes later, the reflector achieved a fully deployed status to its final intended configuration. The reflector and boom were manufactured at Harris facilities in Palm Bay, Florida.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of almost $5 billion and 16,000 employees -- including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/.
Harris Corporation
CONTACT: Sleighton Meyer of Harris Government Communications Systems, +1-321-727-6514, sleighton.meyer@harris.com; Jim Burke of Harris Corporation, +1-321-727-9131, jim.burke@harris.com; Marc Raimondi of Harris Corporation - Washington, D.C., +1-703-739-1738, marc.raimondi@harris.com
Web site: http://www.harris.com/
Memorex Rocks Out With Two Fun, New Digital Audio PlayersMMP8590 Digital Media Player and Clip & Play MP3 Player deliver style and full functionality for any lifestyle
CERRITOS, Calif., April 28 /PRNewswire-FirstCall/ -- Memorex, a portfolio brand of Imation Corp. , today added two digital audio players to its stylish line of consumer electronics. The Memorex MMP8590 Digital Media Player and Memorex Clip & Play MP3 Player connect consumers to their favorite music with the ultimate in chic portability. Whether you're looking for a full-size or compact music player, Memorex offers two fun and easy-to-use choices for enjoying media on the go.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080428/AQM516-a)
(Photo: http://www.newscom.com/cgi-bin/prnh/20080428/AQM516-b)
"The MMP8590 Digital Media Player and the Memorex Clip & Play MP3 Player cover both ends of the personal audio spectrum -- from feature-packed to feather-light," said Carla Pihowich, Memorex brand manager, Imation Corp. "The MMP8590 offers versatile functionality, while the Clip & Play is great for active users, but both are perfect for bringing more music into your life."
MMP8590 Digital Media Player
The MMP8590 Digital Media Player gives consumers access to favorite music and photos on the go. It features up to 4GB of flash memory, a 1.5-inch color OLED screen with photo viewer and a digital FM radio. Available in white, pink/white and black, the Memorex MMP8590 plays MP3, WMA, WMA-DRM 10, WAV and JPEG files. It also includes a digital voice recorder, stop watch function and equalizer with presets. And music lovers can enjoy up to 12 hours of listening time with the built-in lithium-ion battery.
Included in the MMP8590 Digital Media Player package are a sport arm strap, earbud headphones, USB cable and music management software. It is now available at U.S. retail for a suggested retail price (SRP) of $59.99 for the 2GB model.
Clip & Play MP3 Player
Perfect for active lifestyles, the stylish Clip & Play MP3 Player features 2GB of flash memory in a white, pink or black compact design. Clip the player anywhere you like and enjoy your favorite tunes while on a walk, run, bike ride or working out. The petite Clip & Play MP3 player also features a built-in FM radio, two-line dot matrix OLED display and equalizer with presets. It plays MP3, WMA and WMA-DRM-10 files and also includes music management software. A lithium-ion battery ensures up to 10 hours of playback time.
The Clip & Play MP3 Player 2GB comes with earbud headphones, a USB cable and software CD. It is now available at U.S. retail for an SRP of $49.99.
Is it live or is it Memorex?(R)
Memorex is one of the most trusted and recognized consumer brands in modern marketing history. A portfolio brand of Imation Corp , Memorex is the U.S. market share leader in optical media and media accessories at retail and one of the best known names in the consumer electronics industry. Memory makers and memory keepers turn to Memorex for simple and stylish products that capture, save and share precious moments in music, video and pictures. Memorex reaches into millions of homes with optical and high-definition media and drives, media accessories, home audio and video equipment, MP3 players, digital picture frames, iPod(R) electronics accessories, and LCD televisions that are stylish and simple in form and function. For more information about Memorex, please visit http://www.memorex.com/.
Memorex, the Memorex logo, "Is it live or is it Memorex?" and Imation are trademarks of Imation Corp and its subsidiaries.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080428/AQM516-a http://www.newscom.com/cgi-bin/prnh/20080428/AQM516-b AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Memorex
CONTACT: Jamie Ernst, +1-602-808-1166, jernst@brodeur.com, or Sarah Sbordone, +1-602-808-1167, ssbordone@brodeur.com both of Brodeur, for Memorex
Web site: http://www.imation.com/
Leading Provider United Seating & Mobility Implements Authentidate's Inscrybe Healthcare Platform to Standardize and Streamline Administrative Processes
BERKELEY HEIGHTS, N.J., April 28 /PRNewswire-FirstCall/ -- Authentidate Holding Corp. , a worldwide provider of secure workflow management software and web-based services, today announced that United Seating & Mobility, one of the nation's leading providers of comprehensive seating and mobility solutions for people with disabilities, will utilize the Inscrybe(TM) Healthcare platform from Authentidate(R) to facilitate its mobility provisioning process.
The standard process of specifying and providing seating and mobility products is highly detailed and complex. Even a small error in required documentation can cause delays for the disabled patient. To ensure that products are properly ordered and delivered to patients efficiently, United Seating & Mobility decided to implement Inscrybe Healthcare. As a secure, web-based platform that lets physical therapists, clinicians, medical equipment providers and health benefit administrators exchange and track documents and forms electronically or via facsimile, Inscrybe is an ideal solution for enhancing United Seating & Mobility's key administrative processes. Inscrybe Healthcare facilitates order processing, online review and electronic signature of healthcare documentation such as Letters of Medical Necessity, Written Orders and Prior Authorizations. In addition, Inscrybe Healthcare's error-checking algorithms ensure order accuracy and completion, aiding in timely delivery of the exact products designed for each patient's specific needs and shortening the claims reimbursement cycle with health claims administrators.
"Providing mobility services requires comprehensive and lengthy documentation from a variety of sources," said Dana Johnson, Vice President of Reimbursement at United Seating & Mobility. "Inscrybe Healthcare enables us to standardize and streamline the administrative portion of our mobility provisioning process and enhances our ability to comply with continually changing regulations."
"Improving the speed of patient care, the accuracy of orders and the reduction of operating costs are goals that often compete with one another," said Dawn Nieto, Vice President of Operations at United Seating & Mobility "Inscrybe Healthcare brings forth unique capabilities that allow us to achieve all three of our key goals, efficiently and cost effectively."
Inscrybe Healthcare's platform offers seamless interoperability with existing in-house and other external systems eliminating overhead costs and the potential for errors typical with manual re-entry of information. Inscrybe Healthcare's integration of electronic and fax transactions into a single management system provides unmatched transaction management, verification and auditable reporting capabilities.
"United Seating & Mobility recognized that Inscrybe Healthcare's automated, flexible features can provide improved efficiency and accuracy while streamlining communications between physical therapists and other healthcare professionals involved in the process of providing mobility and seating products. Inscrybe Healthcare's online platform converts information acquisition into a paperless process that is faster and easier to manage for everyone and, most importantly, results in better patient care and service," said Marcus Wagstaff, National Sales Director at Authentidate. "We look forward to supporting United Seating & Mobility in their leadership role in the mobility marketplace," Wagstaff concluded.
For more information on Inscrybe Healthcare, call 1-877-467-2792 or visit http://www.inscrybe.com/ .
About United Seating & Mobility
United Seating & Mobility provides seating and mobility solutions for individuals with disabilities while considering the patients' long-term needs, their work and home environment, access to transportation, social and emotional environments. United Seating & Mobility has over 30 years of experience in providing complex mobility and is accredited by The Accreditation Commission for Health Care, Inc. USM is a member of The National Registry of Rehabilitation Technology Suppliers, The Midwest Association for Medical Equipment Services, Wheelchair Professionals and the National Coalition for Assistive and Rehab Technology.
For more information, visit http://www.unitedseating.com/ .
About Authentidate Holding Corp.
Authentidate Holding Corp. is a worldwide provider of secure workflow management software and web-based services. The company's automated and trusted workflow solutions enable enterprises and office professionals to employ rules-based electronic forms, intelligent routing and transaction management, electronic signing, content authentication, identity credentialing and verification and web and fax based communication capabilities. Customer benefits from the company's offerings include reduced costs, improved productivity and service levels, automated audit trails, enhanced compliance with regulatory requirements and the reduction of paper-based processes. The company has offices in the United States and Germany. In the United States we offer our patent pending content authentication technology in the form of the United States Postal Service(R) Electronic Postmark(R) (EPM).
For more information, visit the company's website at http://www.authentidate.com/ .
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of the Company are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, related decisions by the USPS, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
Authentidate is a registered trademark of Authentidate Holding Corp. Inscrybe is a trademark of Authentidate Holding Corp. All other trade names are the property of their respective owners.
Investor Contacts: Media Contacts:
Todd Fromer / Garth Russell Erika Kay
KCSA Strategic Communications KCSA Strategic Communications
212-896-1215 / 212-896-1250 212-896-1208
tfromer@kcsa.com / grussell@kcsa.com ekay@kcsa.com
Authentidate Holding Corp.
CONTACT: Investors, Todd Fromer, +1-212-896-1215, tfromer@kcsa.com, or Garth Russell, +1-212-896-1250, grussell@kcsa.com; or Media, Erika Kay, +1-212-896-1208, ekay@kcsa.com, all of KCSA Strategic Communications, for Authentidate Holding Corp.
Web site: http://www.authentidate.com/ http://www.inscrybe.com/ http://www.unitedseating.com/
CACI Awarded Two Task Orders Valued at $36 Million to Support U.S. Army Night Vision & Electronic Sensors DirectorateContinuing and New Work Will Enhance Mission Effectiveness for U.S. Armed Forces Worldwide
ARLINGTON, Va., April 28 /PRNewswire-FirstCall/ -- CACI International Inc announced today that it has been awarded two task orders, each for two years and totaling an estimated $36 million in value, under its Strategic Services Sourcing (S3) contract with the U.S. Army. The awards support the Army's Night Vision & Electronic Sensors Directorate (NVESD). Under the terms of contract, CACI will provide both professional services and technical assistance to the NVESD as a prime contractor. The awards increases both the size and scope of CACI's previous work experience for NVESD at Ft. Belvoir, Virginia and expands CACI's business in the area of Army C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance).
NVESD provides the Army with research and development of advanced night vision and other sensor technologies, such as infrared weapon sights, surveillance systems and systems that enhance the soldier's ability to operate at night and during limited visibility conditions.
The NVESD awards include an estimated $20 million task order to continue CACI's engineering and technical support to the directorate's Science and Technology Division to provide support to identify, analyze and develop infrared, countermine, laser, imaging and other related sensor technologies as previously supported through other contract efforts. The second NVESD award is a new task order for an estimated $16 million to provide testing and prototype development support for advanced technology sensor programs, as well as advanced Focal Plane Array (FPA) and camera sensor development. CACI's work on these contracts will help the Army advance the state of night-vision technologies and enhance the capability and mission effectiveness of warfighters in-theater worldwide.
According to Bill Fairl, President of U.S. Operations, "We are pleased that the Army's Night Vision & Electronic Sensors Directorate has such a high level of confidence in CACI's ability and experience to grow our work with them. These task orders demonstrate the solid client relationship we have established with the Army."
CACI President and CEO Paul Cofoni said, "Our ongoing assignments under the Strategic Services Sourcing contract clearly show the value of our wide-ranging contributions to national defense capabilities. The more we can help our warfighters in performing their tasks more effectively and safely, the more we fulfill our overriding mission of being a national asset for national missions."
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/.
There are statements made herein which do not address historical facts and, therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the following: regional and national economic conditions in the United States and the United Kingdom, including conditions that result from terrorist activities or war; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. Government or other public sector projects in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq; government contract procurement (such as bid protest, small business set asides, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, and (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the company's Securities and Exchange Commission filings.
For investor information contact:
David Dragics, Senior Vice President, Investor Relations
(866) 606-3471, ddragics@caci.com
For other information contact:
Jody Brown, Executive Vice President, Public Relations
(703) 841-7801, jbrown@caci.com
CACI International Inc
CONTACT: Investors: David Dragics, Senior Vice President, Investor Relations, +1-866-606-3471, ddragics@caci.com, or Jody Brown, Executive Vice President, Public Relations, +1-703-841-7801, jbrown@caci.com, both of CACI International Inc
Web site: http://www.caci.com/
Hughes Technology Earns FIPS 140-2 Level 1 CertificationCertification Validates Hughes HN and HX Systems' Ability to Secure Government Data and Communications
GERMANTOWN, Md., April 28 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite solutions and services, today announced that its Crypto Kernel, the cryptographic component of its HN and HX Systems, has earned a Federal Information Processing Standard (FIPS) 140-2 level 1 certificate (Certs. #919 and #915) from the National Institute of Standards and Technology (NIST). FIPS 140-2 validation is a requirement for any cryptographic product which will be used in a U.S. government agency network.
"The FIPS 140-2 certification is the gold standard in validating cryptographic modules to ensure the security of government networks," said Tony Bardo, assistant vice president of government services at Hughes. "By achieving this certification, Hughes can now validate its ability to provide a high level of security in its HN and HX satellite broadband offerings. Government agencies seeking resilient, ubiquitous networks for mission-critical activities such as Continuity of Operations planning, emergency response or managed network services, can count on Hughes to provide those services, plus the assurance that its encryption standards meet the challenges of rigorous government testing and requirements."
FIPS is a set of standards that describe document processing, provide standard algorithms for searching and provide other information processing standards for security modules used to protect government networks. The Cryptographic Module Validation Program (CMVP), headed by NIST, provides module and algorithm testing for FIPS 140-2, which applies to Federal agencies using validated cryptographic modules to protect sensitive government data in computer and telecommunication systems. FIPS 140-2 provides stringent third-party assurance of security claims on any product containing cryptography that may be purchased by a government agency. For more information regarding NIST and FIPS, or to view the Hughes' certificate, visit: http://www.nist.gov/ or http://csrc.nist.gov/groups/STM/cmvp/documents/140-1/140crt/140crt919.pdf and http://csrc.nist.gov/groups/STM/cmvp/documents/140-1/140crt/140crt915.pdf.
In order to expedite the FIPS 140-2 validation process, Hughes partnered with Corsec Security, Inc., a consulting firm with over ten years of validation experience. "Corsec is proud to have worked with Hughes on their FIPS 140-2 validation effort," said Matthew Appler, CEO, Corsec Security. "This great achievement demonstrates Hughes' high level of commitment to their customers by providing them with superior, quality security assurance on the Hughes Crypto Kernel."
About Corsec Security, Inc.
Corsec Security, Inc. specializes in helping companies navigate through the complex process of receiving FIPS 140 and Common Criteria (CC) certifications. Corsec's consulting, document creation, and project management services deliver unmatched expertise in achieving government validation efforts at a firm, fixed price. Corsec partners with companies around the world to achieve local and international certification and to add security functionality to a wide range of products. Corsec minimizes the time, effort and money a vendor needs to invest in validation while ultimately maximizing the return on that investment. For further information, please visit http://www.corsec.com/.
About Hughes Network Systems
Hughes Network Systems, LLC (HUGHES) is the global leader in providing broadband satellite networks and services for large enterprises, governments, small businesses, and consumers. HughesNet(R) encompasses all broadband solutions and managed services from Hughes, bridging the best of satellite and terrestrial technologies. Hughes has shipped more than 1.5 million systems to customers in over 100 countries. Its broadband satellite products are based on global standards approved by the TIA, ETSI and ITU standards organizations, including IPoS/DVB-S2, RSM-A and GMR-1.
Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes maintains sales and support offices worldwide. Hughes is a wholly owned subsidiary of Hughes Communications, Inc. . For additional information, please visit http://www.hughes.com/.
Hughes and HughesNet are registered trademarks of Hughes Network Systems, LLC.
Hughes Network Systems, LLC
CONTACT: Jaclyn Joines of Hughes Network Systems, LLC, +1-301-601-2672, jjoines@hns.com, or Mary Alice Johnson of ConnellyWorks, Inc., +1-703-742-7183, maryalice@connellyworks.com
Web site: http://www.hughes.com/ http://www.corsec.com/ http://www.nist.gov/
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