Companies news of 2008-05-02 (page 1)
Alternate Marketing Networks Reports on Shareholder Dividend and New Internal Initiatives
Kiwibox Launches Beta Version of Kiwibox 2.0New site will combine enhanced social...
Sue Dasse Joins Hastings Entertainment Management Team as Vice President of Stores
Trial Court Finds for NVIDIA in 3dfx Bankruptcy Trial
Cyberlux Corporation Awarded U.S. Patent Claims for Multiple Lighting Technology...
RiT Technologies Reports Commencement of Partial Cash Tender Offer
Verizon Wireless Opens New Retail Location in Tilton, New HampshireInvesting to Stay Ahead...
Quepasa.com and Latinas Illustrated Launch International Swimsuit Model SearchModels to be...
Energy Focus, Inc. Invites You to Participate in Its First Quarter, 2008 Earnings...
Dynatronics Reduces Annual Expenses by $1.9 Million
RRsat Completes Acquisition of Hawley Teleport in Pennsylvania
Sonic Foundry Executives to Present at AeA's Annual Micro Cap Conference
Microsoft Announces Upcoming Events for the Financial CommunityEvents with Microsoft...
Dan Petri Announces Retirement From Verizon
Raytheon Sarcos Exoskeleton Robotic Suit Linked to Iron Man Superhero
Exobox Technologies Corp. CEO Robert B. Dillon Scheduled to Appear on WallSt.net's News...
Approval of Patent Boosts Value of MY DRIVER SEAT
Anixter International Inc. Announces Share Repurchase Program
Activision to Cast 'Rapala Fishing Frenzy' Into Consoles This Summer
Boeing Selects General Dynamics to Produce Radomes for F-15 Radar Modernization Program
KEMET Launches Space Grade Series of CapacitorsNew product optimized for...
Delphax Technologies Inc. (Nasdaq: DLPX) Quarterly Conference CallThursday, May 8,...
Current Technology's Celevoke Appoints the Real Security Company GPS Tracking System...
SEDONA and CU ink Extend Partnership to Deliver Marketing Services to Intarsia Customers
Federal Signal VelocityMDS System Provides Efficiency and Automation to Enhance Public...
WebMD to Present at the Third Annual Needham & Company Internet & Digital Media Conference...
More New Yorkers Gain TV Choice as Verizon Expands FiOS TV in Three More CommunitiesNew...
Healthcare Coalition Launches Enhanced Website Offering Tools and Materials to Improve...
General Dynamics Awarded $51 Million for Abrams Tank Work
Alternate Marketing Networks Reports on Shareholder Dividend and New Internal Initiatives
HUDSONVILLE, Mich., May 2 /PRNewswire-FirstCall/ -- The Board of Directors of Alternate Marketing Networks, Inc. (Pink Sheets: ALTM) has authorized a cash dividend of seven cents per share on the Company's common stock. The dividend is payable on June 24, 2008 to shareholders of record as of June 10, 2008.
Additionally, upon review of the Company's strategic uses of its working capital, the Board authorized an increase in investment in the Company's interactive strategy. The Company believes this investment is needed to ensure that its interactive programs continue to provide value to its advertisers and national market networks.
The Company's sole operating subsidiary, National Home Delivery, Inc., through its three divisions U.S. Suburban Press (USSPI), Custom Media Solutions (CMS) and Specialty Media Solutions (SMS), provides newspaper, online and promotional solutions to national advertisers in the United States.
Alternate Marketing Networks, Inc.
4675 - 32nd Avenue
Hudsonville, MI 49426
Alternate Marketing Networks, Inc.
CONTACT: Phil Miller, Chairman and CEO of Alternate Marketing Networks, Inc., +1-616-662-6420, ext. 12, pmiller@altmarknet.com
Web site: http://www.altmarknet.com/
Kiwibox Launches Beta Version of Kiwibox 2.0New site will combine enhanced social networking, online magazine and member profile features
NEW YORK, May 2 /PRNewswire-FirstCall/ -- Magnitude Information Systems, Inc. (Magnitude) (BULLETIN BOARD: MAGY.OB) disclosed today the following developments concerning Kiwibox, its primary business unit.
Kiwibox (http://www.kiwibox.com/), the first social networking destination and online magazine where teens produce, discover, and share content while connecting with friends, today launched the beta version of Kiwibox 2.0. The beta site is now available to more than 1.8 million current Kiwibox members, and will run concurrently with the existing Kiwibox.com as additional improvements are implemented. Kiwibox 2.0 beta includes expanded member profile pages, photo sharing, improved friend's lists, exclusive video streams, and enhanced daily content.
"We're leveraging the capital investment we received from Magnitude Information Systems to continue building our reputation for providing today's teens and young adults with personalized content that they enjoy, coupled with social networking functionality," said Lin Dai, chief executive officer of Kiwibox. "We believe the new site will drive membership growth while increasing our member retention rates."
Today's beta launch announcement marks the first stage in the planned re-launch of the Kiwibox.com website. Kiwibox plans to continue implementing additional functionality and services that will significantly improve its members' experience.
For more information, or to see the beta version of Kiwibox, visit http://beta.kiwibox.com/ .
About Kiwibox
Founded in 1999, Kiwibox.com is the first social networking destination and online magazine where teens produce, discover, and share content. Kiwibox members are teens in the know who go to Kiwibox to enjoy personalized content and share their interests with peers. With more than 1.8 million registered members, Kiwibox provides one of the largest distribution and marketing channels to connect advertisers with the highly sought after teen audience, in a controlled and interactive environment. For more information, visit http://www.kiwibox.com/.
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results, depending on a variety of factors. Potential factors that could impact results include the general economic conditions in different countries around the world, fluctuations in global equity and fixed income markets, exchange rates, rating agency actions, resolution of pending regulatory investigations and related issues, including those related to compensation arrangements with underwriters, pension funding, ultimate paid claims may be different from actuarial estimates and actuarial estimates may change over time, changes in technology and internet developments, commercial property and casualty markets and commercial premium rates, the competitive environment, the actual costs of resolution of contingent liabilities and other loss contingencies, and the heightened level of potential errors and omissions liability arising from placements of complex policies and sophisticated reinsurance arrangements in an insurance market in which insurer reserves are under pressure. Further information, concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission.
Magnitude Information Systems, Inc.
CONTACT: Todd Barrish, todd@dukaspr.com, or Bill McCue, bill@dukaspr.com, both of Dukas Public Relations, +1-212-704-7385, for Kiwibox.com; Edward L. Marney, President and Chief Executive Officer, Magnitude Information Systems Inc., +1-772-286-9292
Web site: http://beta.kiwibox.com/ http://www.kiwibox.com/
Sue Dasse Joins Hastings Entertainment Management Team as Vice President of Stores
AMARILLO, Texas, May 2 /PRNewswire-FirstCall/ -- Hastings Entertainment, Inc. , a leading multimedia entertainment retailer, is pleased to announce that Sue Dasse will join the Company as Vice President of Stores, effective May 19, 2008. Ms. Dasse previously served as Vice President of Store Operations, Waldenbooks and later as Senior Vice President of Stores, Borders Specialty Retail for Borders Group, Inc. Most recently, Ms. Dasse served as Vice President of Store Operations, Catherines Plus Sizes, for Charming Shoppes, Inc., a leading multi-channel specialty apparel retailer that primarily focuses on plus-size women's apparel.
"I'm thrilled that Sue Dasse is joining Hastings," said John H. Marmaduke, Chairman and Chief Executive Officer. "She brings a wealth of experience, love of books, and a passion for retailing that will add value to our associates and stores."
About Hastings
Founded in 1968, Hastings Entertainment, Inc. is a leading multimedia entertainment retailer that combines the sale of new and used CDs, books, videos and video games, as well as trends merchandise, with the rental of videos and video games in a superstore format. We currently operate 153 superstores, averaging approximately 20,000 square feet, primarily in medium-sized markets throughout the United States.
We also operate http://www.gohastings.com/, an e-commerce Internet Web site that makes available to our customers new and used entertainment products and unique, contemporary gifts and toys. The site features exceptional product and pricing offers. The Investor Relations section of our web site contains press releases, a link to request financial and other literature and access to our filings with the Securities and Exchange Commission.
Hastings Entertainment, Inc.
CONTACT: Dan Crow, Vice President and Chief Financial Officer of Hastings Entertainment, Inc., +1-806-677-1422
Web site: http://www.gohastings.com/
Trial Court Finds for NVIDIA in 3dfx Bankruptcy Trial
SANTA CLARA, Calif., May 2 /PRNewswire-FirstCall/ -- NVIDIA Corporation today announced that the United States Bankruptcy Court for the Northern District of California issued its Memorandum Decision After Trial (the "Decision") in the 3dfx bankruptcy action. In the Decision, the Court found in favor of NVIDIA on all issues and rejected the Trustee's attempts to obtain damages from NVIDIA in excess of $100 million. The Trustee's lawsuit arose from NVIDIA's 2001 acquisition of certain assets of its former competitor, 3dfx Interactive, Inc. Specifically, the Trustee claimed that NVIDIA did not pay fair value for the assets it acquired in the transaction, thereby allegedly harming 3dfx's creditors.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO)
"A trial was necessary to fully demonstrate that we conducted ourselves appropriately in the acquisition and we are very pleased with the Decision from the Court. The Decision is comprehensive, thorough, well-reasoned, and a complete rejection of the Trustee's legal and factual arguments," said David Shannon, NVIDIA's senior vice president and general counsel.
The Court expressly found that "the Trustee's valuation theory -- every way it is articulated -- is simply not credible," and concluded that "the creditors of 3dfx were not injured by the Transaction."
"We will continue to fight this matter through any and all appeals," said Mr. Shannon.
About NVIDIA
NVIDIA is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) products, the professional design and visualization market with its Quadro(R) products, and the high-performance computing market with its Tesla(TM) products. NVIDIA is headquartered in Santa Clara, Calif. and has offices throughout Asia, Europe, and the Americas. For more information, visit http://www.nvidia.com/.
Copyright (C) 2008 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, GeForce, Quadro, and Tesla are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
NVIDIA Corporation
CONTACT: Michael Hara, +1-408-486-2511, mhara@nvidia.com, or Calisa Cole, +1-408-486-6263, ccole@nvidia.com, both of NVIDIA Corporation
Web site: http://www.nvidia.com/
Cyberlux Corporation Awarded U.S. Patent Claims for Multiple Lighting Technology ApplicationsThe U.S. Patent Office Grants 29 patent claims across two patent filings
RESEARCH TRIANGLE, N.C., May 2 /PRNewswire-FirstCall/ -- Cyberlux Corporation (BULLETIN BOARD: CYBL) , a leading provider of LED lighting solutions, announced today that the U.S. Patent Office has recently awarded patent protection for 29 claims contained within two of the Company's patent filings that address the apparatus and methods for providing multi-mode solid-state lighting. These 29 claims provide the Company with patent protection that extends to its WatchDog and BrightEye family of tactical lighting products, as well as other future product releases.
"Cyberlux is a leader in innovation in the solid-state lighting field. The award of these 29 patent claims will not only provide patent protection for our important tactical lighting systems, but will also provide a development platform for future products," said Mark Schmidt, president and chief operating officer for Cyberlux. "The Company's ability to license, develop and patent innovative solid-state lighting technology is strategically important and supports our focus on near-term profitability and long-term growth."
The claims awarded by the U.S. Patent Office address a broad array of solid-state lighting devices that are comprised of an array of light emitting diodes (LEDs) with a corresponding control circuit that provides the system with power sensing, motion sensing and ambient light sensing for system control, along with a localized electrical energy source that powers the array of LEDs for illumination, along with a reflector positioned proximate to the array of LEDs for reflecting and optimizing the light output of the LEDs.
In addition, the awarded claims address the method of operating an LED light device that operates by sensing electrical power information, sensing mode of illumination information provided by a user via a user interface, sensing LED intensity information provided by the user via the user interface, directing an array of LEDs to operate in either a spot-light mode of illumination, a flood-light mode of illumination, or a combined mode of illumination based upon the sensed mode of illumination information, and displaying the information to the user via a user interface based upon the sensed battery electrical power information, the sensed mode of illumination information, and the sensed LED intensity information.
The 29 claims awarded under the two Cyberlux patent filings create an extensible intellectual property platform for current tactical lighting system production and future lighting system development.
About Cyberlux Corporation
Cyberlux Corporation (BULLETIN BOARD: CYBL) has created breakthrough LED lighting technology that provides the most energy efficient and cost effective lighting solutions available today for consumer, commercial and military uses. The Military and Homeland Security products deliver unique, covert, and advanced visible lighting capability for threat detection, force and asset protection. Cyberlux uses solid-state semiconductors, trademarked as its diodal(tm) lighting elements, which consume 75% less energy than incandescent lighting elements and perform for over 20 years in contrast to 750 hours for conventional bulbs. For more information, please visit http://www.cyberlux.com/ .
Investor Contact:
Richard Brown, rbrown@cyberlux.com / 617-314-7379
This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors, including, but not limited to, the Company's ability to expand its financing concurrent with the Company's growth. The Company's business is subject to significant risks and uncertainties discussed more thoroughly in Cyberlux Corporation's SEC filings, including but not limited to, its report on Form 10-KSB for the year ended December 31, 2007. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of occurrence of unanticipated events.
Cyberlux Corporation
CONTACT: Richard Brown of Cyberlux Corporation, +1-617-314-7379, rbrown@cyberlux.com
Web site: http://www.cyberlux.com/
RiT Technologies Reports Commencement of Partial Cash Tender Offer
TEL AVIV, Israel, May 2 /PRNewswire-FirstCall/ -- RiT Technologies, Ltd. , following on its announcement on March 27, 2008, announced that STINS COMAN Incorporated ("STINS COMAN") commenced a partial tender offer today to purchase for cash 734,079 ordinary shares of RiT, or such greater number of shares that will represent 5% of the total voting rights of RiT's outstanding ordinary shares as of the expiration of the offer, at the price of $0.86 per share, net, without interest, upon the terms and subject to the conditions of the offer.
As previously announced, on March 27, 2008, STINS COMAN entered into a securities purchase agreement with Messrs. Yehuda Zisapel, Zohar Zisapel and Meir Barel to purchase all 5,122,521 RiT shares held by them (and their affiliates) for a total of $4,405,368, or $0.86 per share. That purchase is contingent on the completion of the tender offer commenced today. Following consummation of the offer and the purchase contemplated by the securities purchase agreement, and assuming that none of RiT's outstanding options are exercised, STINS COMAN will beneficially own approximately 39.9% of RiT's outstanding ordinary shares.
The complete terms and conditions of the tender offer are contained in the Offer to Purchase included as an exhibit to the Tender Offer Statement on Schedule TO filed by STINS COMAN on May 2, 2008 with the U.S. Securities and Exchange Commission.
IMPORTANT NOTICE:
THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND IS NEITHER AN OFFER TO PURCHASE NOR A SOLICITATION OF AN OFFER TO SELL SECURITIES. INVESTORS AND SHAREHOLDERS OF RiT ARE STRONGLY ADVISED TO READ THE TENDER OFFER STATEMENT OF STINS COMAN, THE LETTER OF TRANSMITTAL AND RELATED TENDER OFFER MATERIALS AND TO READ THE SOLICITATION/RECOMMENDATION STATEMENT WITH RESPECT TO THE TENDER OFFER WHICH WILL BE FILED IN DUE COURSE BY RiT BECAUSE THEY CONTAIN IMPORTANT INFORMATION THAT SHAREHOLDERS SHOULD CONSIDER BEFORE MAKING ANY DECISIONS REGARDING TENDERING THEIR SHARES. INVESTORS AND SHAREHOLDERS MAY OBTAIN THE TENDER OFFER STATEMENT AND THE SOLICITATION/RECOMMENDATION STATEMENT AND OTHER FILED DOCUMENTS AT NO CHARGE ON THE SEC'S WEB SITE (http://www.sec.gov/) AND AT NO CHARGE BY CONTACTING MACKENZIE PARTNERS, INC., THE INFORMATION AGENT FOR THE TENDER OFFER, AT +1-212-929-5500 OR TOLL FREE (800)322-2885.
About RiT Technologies:
RiT is a leading provider of physical network infrastructure control and management solutions. Deployed in the networks of many of the world's largest carriers and enterprises, its pioneering, fast-ROI products have proven their ability to simplify service deployment and provisioning, enhance troubleshooting accuracy, reduce infrastructure maintenance costs, enhance physical layer security and enable cost-effective service qualification and verification.
For more information, please visit our website: http://www.rittech.com/
Safe Harbor Statement
In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate", "forecast", "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described under the heading "Risk Factors" in our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 20-F, which may be revised or supplemented in subsequent reports filed with the SEC. These factors include, but are not limited to, the following: our ability to raise additional financing, if required; risks and uncertainties resulting from the pending tender offer and the pending sale of approximately 34.9% of our outstanding share capital by our principal shareholders to an unaffiliated third party and the potential impact on our operations and strategies; our inability to satisfy Nasdaq's requirements for continued listing, the continued development of market trends in directions that benefit our sales; our ability to maintain and grow our revenues; our dependence upon independent distributors, representatives and strategic partners; our ability to develop new products and enhance our existing products; the availability of third-party components used in our products; the economic condition of our customers; the impact of government regulation; and the economic and political situation in Israel. Except as required by applicable law, we expressly disclaim any obligation to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.
COMPANY CONTACT:
Simona Green
VP Finance
+972-3-766-4249
simonag@rit.co.il
RiT Technologies Ltd
CONTACT: COMPANY CONTACT: Simona Green, VP Finance, +972-3-766-4249, simonag@rit.co.il
Verizon Wireless Opens New Retail Location in Tilton, New HampshireInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access
TILTON, N.H., May 2 /PRNewswire/ -- In response to growing demand for the company's voice and data products and services, Verizon Wireless has opened a new store location in Tilton, New Hampshire. Located inside the BJ's Wholesale Club at 119 Laconia Road, the Verizon Wireless kiosk is open Monday through Saturday 9:00 a.m. to 9:00 p.m.; and Sunday from 10 a.m. to 7 p.m. and can be reached at (603) 266-1042.
"We're very proud to open this newest Verizon Wireless location in New Hampshire," said Verizon Wireless District Manager, Hugh Dykens. "Demand for our wireless products, including our wireless Internet solutions, keeps increasing. By opening this new kiosk in Tilton, we've committed to providing increased customer service and shopping convenience to local residents."
Open to the public, the new location features the full range of Verizon Wireless products and is staffed for sales and customer service, enabling customers to speak directly with Verizon Wireless' highly trained representatives about their wireless needs.
Verizon Wireless has invested nearly $44 billion since it was formed to increase the coverage and capacity of its national network. Regionally the company has invested nearly $2.2 billion into its New England network, including over $292 million in 2007 alone. Verizon Wireless cell sites in New Hampshire and across New England offer wireless broadband connectivity.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/ . To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia .
Verizon Wireless
CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213, Michael.Murphy@verizonwireless.com; or David Thomson of Thomson Communications for Verizon Wireless, +1-978-808-7700, David@thomsoncommunications.com
Web site: http://www.verizonwireless.com/
Quepasa.com and Latinas Illustrated Launch International Swimsuit Model SearchModels to be featured in '09 Latinas Illustrated Swimsuit Calendar
WEST PALM BEACH, Fla., May 2 /PRNewswire-FirstCall/ -- Quepasa.com, one of the world's largest bilingual, Latino online communities, and Latinas Illustrated today announced an exclusive partnership to launch an international search for the top 12 most beautiful Latinas in the U.S. and Latin America. The partnership includes a fully interactive online community and international model search contest with the winners to be featured in the Latinas Illustrated 2009 swimsuit calendar edition.
"We are excited about providing Latinas from all over the U.S. and Latin America this great opportunity to showcase their talent and realize their modeling dreams," Quepasa CEO John C. Abbott stated. "Through the online community we are providing a unique outlet for aspiring Latina models to gain international recognition."
The Latinas Illustrated community and contest will launch on Quepasa.com on May 5th and will feature a vibrant, multimedia, interactive viral community, including exclusive videos, model profiles, pictures, user- generated content, and behind-the-scenes clips from past calendar shoots from all over Latin America.
"This is one of the many projects we are launching to drive traffic to Quepasa to enhance our social networking community for Latinos here and in Latin America," commented Jeff Valdez, Quepasa's recently installed co- chairman. "We are happy to be working with Latinas Illustrated to offer our members a richer online experience."
The community will center around the model search contest to find 12 gorgeous Latina models to feature in the 2009 Latinas Illustrated Swimsuit Calendar, which will be available for sale on Quepasa.com and other outlets. Entrants can sign up at quepasa.com/community/latinasillustrated.html and upload five photos from which the Quepasa.com community will vote on and determine who the finalists will be.
"The calendar has proven to be a great success for over six years," said Latina Illustrated Founder Jorge Cano Jr. "We are excited to be working with Quepasa to give Latinas a platform to advance their modeling careers."
Top contestants will be invited to participate in casting calls at the hottest venues in Los Angeles, Miami, and Mexico City and will culminate with a bikini contest and fashion show in Los Angeles where a panel of judges will decide which 12 women will be a part of the 2009 edition of the Latinas Illustrated Swimsuit Calendar.
About Quepasa Corporation
Quepasa Corporation , headquartered in West Palm Beach, FL (with offices in Los Angeles, Scottsdale, Miami and Hermosillo, MX), owns Quepasa.com, one of the world's largest, bicultural, Latino online communities committed to providing fun, competitive, interactive, and easy to use social tools, and rich multimedia content to embrace Latinos, and empower them to connect on-line, and share their interests, ideas, and activities.
About Latinas Illustrated:
For six consecutive seasons Latinas Illustrated has combined the beauty of Latin women, Latin beaches, and its people to create a unique product: The Latinas Illustrated Calendar.
Contact: Luz Maria Castellanos
LMC Media
(323) 924-2835
LMC@LMCMediaConsulting.com
Quepasa.com
CONTACT: Luz Maria Castellanos of LMC Media, +1-323-924-2835, LMC@LMCMediaConsulting.com, for Quepasa.com
Web site: http://www.quepasa.com/
Energy Focus, Inc. Invites You to Participate in Its First Quarter, 2008 Earnings Conference Call and Webcast
SOLON, Ohio, May 2 /PRNewswire-FirstCall/ -- Energy Focus, Inc. management will host a conference call on Thursday, May 8, 2008 at 11:30 a.m. EDT (8:30 a.m. PDT) to review the First quarter, 2008 financial results and other corporate events, followed by a Q & A session. Dialing 1-888-542-9137 (US Canada) or 1-706-758-4961 (International/Local) can access the call. The conference ID number is 46124730. Participants are asked to call the assigned number approximately 10 minutes before the conference call begins.
The conference call will also be available over the Internet at http://www.energyfocusinc.com/ in the Investor Relations area of the site or by going to http://www.mkr-group.com/. A replay of the conference call will be available two hours after the call for the following 7 days by dialing 1-888-542-9137(US/Canada) or 1-706-758-4961 (international/local) and entering the following pass code: 46124730. Also, an instant replay of the conference call will be available over the Internet at http://www.energyfocusinc.com/ on May 22, 2008 and will remain available for one year in the Investor Relations area of the site or by going to http://www.mkr-group.com/.
About Energy Focus, Inc.
Energy Focus, Inc. is the leading supplier of fiber optic lighting and the world's only supplier of EFO(R), a lighting technology which is more efficient than conventional electric lamps. Energy Focus products are designed, manufactured and marketed for the commercial lighting, sign and swimming pool, and spa markets. Energy Focus fiber optic lighting provides energy savings, aesthetic, safety and maintenance cost benefits over conventional lighting. Customers include supermarket chains, retail stores, fast food restaurants, theme parks and casinos, hotels, swimming pool builders, spa manufacturers and many others. Company headquarters are located at 32000 Aurora Rd., Solon, OH 44139. The Company has additional offices in Pleasanton, CA, United Kingdom and Germany. For more information, see http://www.energyfocusinc.com/.
Safe Harbor Statement
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding the business outlook for EFO systems. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. Risk factors that could affect the Company's future include, but are not limited to, the slowing U.S. and world economy and its effects on Energy Focus's markets, failure to develop marketable products from new technologies, failure of EFO or other new products to meet performance expectation. For more information about potential factors which could affect Energy Focus financial results, please refer to the Energy Focus SEC reports, including its Annual Report on Form 10-K for the year ended December 31, 2007, and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Energy Focus disclaims any intention or obligation to update or revise any forward-looking statements.
Energy Focus, Inc.
CONTACT: Energy Focus, Inc., Public Relations Office, +1-440-715-1295, pr@energyfocusinc.com
Web site: http://www.energyfocusinc.com/ http://www.mkr-group.com/
Dynatronics Reduces Annual Expenses by $1.9 Million
SALT LAKE CITY, May 2 /PRNewswire-FirstCall/ -- Dynatronics Corporation today announced that it has completed measures designed to reduce expenses by an estimated $1.9 million annually.
These cost savings were achieved primarily by a reduction of approximately 20 percent of the company's workforce and the elimination of duplicative overhead expense. Many of these reductions had been contemplated following the successful acquisition and assimilation of six key distributors last summer. Since that time, Dynatronics has successfully consolidated operations from eight distribution points to three.
"Reductions of this kind are never easy, but they were part of our assimilation plan going into the acquisitions," reported Kelvyn H. Cullimore Jr., chairman and president of Dynatronics. "It has taken a little longer than expected, but eliminating redundant positions and streamlining key processes will allow us to maximize the synergies of the combined operations and realize the savings we had anticipated in making these acquisitions."
All expense reductions were completed prior to March 31, the end of the company's fiscal third quarter. "The fact that we completed these reductions in the third quarter and recently introduced four exciting new products positions us well for the fourth quarter and beyond," Cullimore added.
Dynatronics manufactures, markets and distributes advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the physical therapy, pain management, sports medicine, chiropractic, podiatry, plastic surgery, dermatology and other related medical, cosmetic and aesthetic markets.
This press release contains forward-looking statements. Those statements include references to the company's expectations of future events, including the scope of the cost savings to be realized from the reductions in personnel and consolidation of overhead expenses. Actual results may vary from the views expressed in the forward-looking statements. The development and sale of the company's products are subject to a number of risks and uncertainties, including, but not limited to, competitive factors, inventory risks due to shifts in market demand, market demand for the company's products, FDA clearance of new products, and the risk factors listed from time to time in the company's SEC reports, including, but not limited to the report on Form 10-KSB for the year ended June 30, 2007 and subsequent quarterly reports.
Dynatronics Corporation
CONTACT: Bob Cardon of Dynatronics Corp., 1-800-874-6251, ext. 216, or +1-801-568-7000
Web site: http://www.dynatronics.com/
RRsat Completes Acquisition of Hawley Teleport in Pennsylvania
OMER, Israel, May 2 /PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. , a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced today that it has completed the previously announced acquisition of the Hawley Teleport located in Pike County, Pennsylvania, for approximately $4.25 million, of which $4 millions in cash and $250 thousands in services.
RRsat acquired all the property, assets and earth station licenses of the Hawley Teleport from Skynet Satellite Corporation. The Hawley Teleport, formerly owned by satellite operator Loral Skynet, includes approximately 200 acres, a 3 floor communication building, communications equipment and antennas, in which substantial resources have been invested during the teleport's 33 years of operation.
"We are very pleased to complete the acquisition of this premier teleport facility in Pennsylvania, our first such acquisition in the United States. This acquisition is the first step in our strategic plan to build a strong local presence in North America, further expanding our proprietary RRsat Global Network. We believe that the teleport is uniquely suited to complement our growing services and customer base given its facilities, as well as being geographically well-positioned for our service requirements," commented David Rivel, Founder and CEO of RRsat.
Mr. Rivel added, "We were assigned the 13 FCC earth station licenses previously held by Skynet and we are seeking to identify new value enhancing synergies in order to develop and offer additional services to our customer base - in North America, and globally."
About RRsat Global Communications Network Ltd.
RRsat Global Communications Network Ltd. provides global, comprehensive, content management and distribution services to the rapidly expanding television and radio broadcasting industries. Through its proprietary "RRsat Global Network," composed of satellite and terrestrial fiber optic transmission capacity and the public Internet, RRsat is able to offer high-quality and flexible global distribution services for content providers. RRsat's comprehensive content management services include producing and playing out TV content as well as providing satellite newsgathering services (SNG). RRsat concurrently provide these services to more than 425 television and radio channels, covering more than 150 countries. Visit the company's website http://www.rrsat.com/ for more information.
Safe Harbor Statement
This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding (i) our ability to successfully integrate the acquired assets, (ii) the growth of our business in the United States and elsewhere, (iii) our ability to build a strong local presence in the North American region, (iv) the growth of our business and the television and radio broadcasting industries, (v) our expectation to expand our client base and sell additional services to our existing client base, and (vi) our ability to report future successes. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry as of the date of this press release. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements, including the risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 20-F for the year ended December 31, 2007 and our Current Reports on Form 6-K.
Information in this press release concerning Loral Skynet has not been independently verified by RRsat.
Company Contact Information:
Gil Efron, CFO
Tel: +972-8-861-0000
Email: investors@RRsat.com
External Investor Relations Contacts:
Ehud Helft / Kenny Green
Tel: +1-866-704-6710
RRSat Global Communications Network Ltd
CONTACT: Company Contact Information: Gil Efron, CFO, Tel: +972-8-861-0000, Email: investors@RRsat.com; External Investor Relations Contacts: Ehud Helft / Kenny Green, Tel: +1-866-704-6710
Sonic Foundry Executives to Present at AeA's Annual Micro Cap Conference
MADISON, Wis., May 2 /PRNewswire-FirstCall/ -- Sonic Foundry, Inc. , the recognized market leader for rich media webcasting and knowledge management, today announced that Rimas Buinevicius, chairman and CEO, and Ken Minor, chief financial officer, will be featured presenters at the 10th Annual AeA Micro Cap Conference at the Monterey Plaza Hotel in Monterey, Calif. on Monday, May 5, 2008.
The AeA conference allows public technology companies to connect with investors. In this exclusive two-day forum, company executives present their technologies, strategic missions, trend analyses and other significant information to a focused group of investors.
In just a few years since it was first introduced, Sonic Foundry's Mediasite product and service offering has set the standard as a transformational communication medium for delivering critical information and sharing knowledge. The patented Mediasite webcasting and content management system automates the capture, management, delivery and search of multimedia presentations (combining audio, video and accompanying graphics) for live or on-demand viewing.
For more information on the conference, please visit http://www.aeanet.org/.
About Sonic Foundry(R), Inc.
Founded in 1991, Sonic Foundry is the recognized market leader for rich media webcasting and knowledge management, providing education and training solutions and services that link an information-driven world. Based in Madison, Wisconsin, the company has received numerous awards including the 2007 Frost & Sullivan Global Market Leadership Award, Ziff Davis Media's Baseline Magazine's sixth fastest-growing software company with sales under $150 million and Deloitte's Technology Fast 500. Named a Bersin & Associates 2007 Learning Leader, Sonic Foundry's webcasting and knowledge management solutions are trusted by education institutions, Fortune 500 companies and government agencies for a variety of critical communication needs. Sonic Foundry is changing the way organizations communicate via the web and how people around the globe receive vital information needed for education, business, professional advancement and safety. Product and service names mentioned herein are the trademarks of Sonic Foundry, Inc. or their respective owners.
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for Sonic Foundry's products, its ability to succeed in capturing significant revenues from media services and/or systems, the effect of new competitors in its market, integration of acquired business and other risk factors identified from time to time in its filings with the Securities and Exchange Commission.
Sonic Foundry, Inc.
CONTACT: Tammy Kramer of Sonic Foundry, Inc., +1-608-237-8592, tammyk@sonicfoundry.com
Web site: http://www.sonicfoundry.com/ http://www.aeanet.org/
Microsoft Announces Upcoming Events for the Financial CommunityEvents with Microsoft leadership slated for May
REDMOND, Wash., May 2 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced participation in the following upcoming events with the financial community. Interested parties can view a webcast of these events on Microsoft's Investor Relations Web site at http://www.microsoft.com/msft.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
Merrill Lynch Technology Conference
Tuesday, May 6, 2008
9:45 a.m. ET/6:45 a.m. PT
Brian Hall, general manager, Windows Live Business Group
Bernstein Strategic Decisions
Wednesday, May 28, 2008
9 a.m. ET/6 a.m. PT
Ray Ozzie, chief software architect
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Microsoft Corp.
CONTACT: financial analysts and investors only, Colleen Healy, general manager, Investor Relations of Microsoft, +1-425-706-3703; or press only, Rapid Response Team of Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.
Web site: http://www.microsoft.com/msft
Dan Petri Announces Retirement From Verizon
NEW YORK, May 2 /PRNewswire/ -- Daniel C. Petri, group president - International, has announced plans to retire after 37 years with Verizon Communications Inc., effective Aug. 1.
Since 2002, Petri has had overall responsibility for Verizon's businesses outside the United States, including telephone operations in more than 20 countries on five continents. His mission over the last several years has been to optimize the operational and financial performance of these international telephone operations. At the same time, he has helped Verizon rationalize its portfolio of international affiliates as the company has shifted its global emphasis to providing advanced communications services to businesses and governments around the world.
"Dan has distinguished himself as an astute operational executive and negotiator in diverse and often difficult business environments," said Chairman and CEO Ivan Seidenberg. "He has provided leadership and business acumen to Verizon during a period of rapid transformation. We will miss his wisdom and his counsel, and we wish him the best."
Petri said, "I have had the privilege of watching our company evolve from a sleepy monopoly to a raging global competitor. It has been great to be part of the change that has taken place, to help set the stage for further transformation, and to share the experience with such wonderful people. I want to thank all my friends and colleagues for the experience and the fun."
Petri will spend the next three months helping Verizon manage existing international investments, including the company's 23 percent stake in Vodafone Italy. He will also continue to oversee the operation and eventual disposition of Verizon Airfone, which provides in-flight telecommunications services in the general aviation market.
Petri started his career with Verizon predecessor company New York Telephone in 1971 and served in a variety of positions in the domestic telephone business, becoming vice president and general manager for operations in midtown Manhattan in 1991. Since 1994 he has been a senior executive in Verizon's International division.
A graduate of Rutgers University with a bachelor's degree in mechanical engineering and Long Island University with a master's degree in management science, he currently also serves as vice chairman of the Business Council for International Understanding, an organization formed in 1955 to strengthen ties between the U.S. Government and U.S. business interests overseas.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 67 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employed a diverse workforce of approximately 232,000 as of the end of the first quarter 2008 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon Communications Inc.
CONTACT: Peter Thonis of Verizon Communications, +1-212-395-2355, peter.thonis@verizon.com
Web site: http://www.verizon.com/ http://www.verizon.com/news
Company News On-Call: http://www.prnewswire.com/comp/618232.html
Raytheon Sarcos Exoskeleton Robotic Suit Linked to Iron Man Superhero
TEWKSBURY, Mass., May 2, 2008 /PRNewswire/ -- Raytheon Company's newest research facility in Salt Lake City, Utah, is developing a robotic suit for the soldier of tomorrow.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080502/NEF052 )
Known as an "Exoskeleton," it is essentially a wearable robot that amplifies its wearer's strength, endurance, and agility. In its May issue, Popular Science magazine likens the Exoskeleton to the "Iron Man"(R) in the movie of the same name and suggests a blurring of the lines between science fiction and reality.
Made of a combination of sensors, actuators and controllers, the futuristic suit enables a test engineer to easily carry a man on his back or lift 200 pounds several hundred times without tiring. Yet, it is agile enough to play soccer and climb stairs and ramps without issue.
The suit is being developed for the U.S. Army. Dr. Stephen Jacobsen leads Raytheon Sarcos and this project. He says his work is a combination of art, science, engineering and design. "People call it different things. Sometimes they call it inventing, sometimes they call it engineering. Sometimes they call it being a mad scientist. To us, it's the process of getting together, understanding the problems, goals, and then designing something to satisfy the need."
Development of the Exoskeleton has been underway since 2000 when Jacobsen realized that if humans could work alongside robots, they must also be able to work inside robots.
Exoskeleton test engineer Rex Jameson echoes his boss' enthusiasm for his work. "As far as software engineering goes, this job is about as good as it gets. We get to write programs, and we see them working on actual robots; that's very exciting."
Jacobsen and his team seek inspiration for their work from a wide variety of disparate sources including popular culture. Asked if he will see the "Iron Man" movie when it is released May 2, he replied: "Yes, sure. I go to see all those movies. We all do. We all like them. They're fun. They stimulate your imagination."
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 and 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:
Additional high resolution images of the Exoskeleton are available for download at http://www.raytheon.com/newsroom/
Contacts:
Mike Nason
Raytheon Integrated Defense Systems
1.703.419.1421
gardner_m_nason@raytheon.com
Kevin Doak
Text 100 Public Relations
1.617.399.4931
kevind@text100.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080502/NEF052 AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Raytheon Company
CONTACT: Mike Nason of Raytheon Integrated Defense Systems, +1-703-419-1421, gardner_m_nason@raytheon.com; or Kevin Doak of Text 100 Public Relations, +1-617-399-4931, kevind@text100.com, for Raytheon Company
Web site: http:/// http://www.raytheon.com/newsroom
Exobox Technologies Corp. CEO Robert B. Dillon Scheduled to Appear on WallSt.net's News Magazine Television Show on the Fox Business Channel on Sunday, May 4, 2008
HOUSTON, May 2 /PRNewswire-FirstCall/ -- Exobox Technologies Corp. (Pink Sheets: EXBX) CEO Robert B. Dillon is scheduled to appear on WallSt.net's News Magazine television show on the Fox Business Channel on Sunday, May 4, 2008 at 4:30 p.m. CDT.
The weekly show, which will air in major markets to an estimated 40 million homes each week, features four in-depth CEO interviews, a re-cap of the most newsworthy headlines from U.S. and international stock exchanges and proven investment strategies from well-known investment professionals and authors. It is hosted by former White House Correspondent, Peter Ward and Jill Scott, an experienced television news reporter covering feature and local news events in New York.
About Exobox Technologies Corp:
Exobox Technologies Corp., headquartered in Houston, Texas, is a network and end point security development and licensing company that owns patented and patent-pending technology it believes can address the serious and growing need in the computer market for a reliable, efficient and effective network and end point security system.
About WallSt.net:
WallSt.net is part of Financial Media Group, Inc. and is a branded financial consumer gateway that provides in-depth, original media-rich editorial content, up-to-the-minute business news, and comprehensive financial tools and data for investors. For more information, please visit http://financialmediagroupinc.com/
Contact: Michael G. Wirtz
Exobox Technologies Corp.
713-781-6173 Phone 713-781-6175 Facsimile
info@exobox.com
http://www.exobox.com/
Exobox Technologies Corp.
CONTACT: Michael G. Wirtz of Exobox Technologies Corp., +1-713-781-6173, or fax, +1-713-781-6175, info@exobox.com
Web site: http://www.exobox.com/
Approval of Patent Boosts Value of MY DRIVER SEAT
BOCA RATON, Fla., May 2 /PRNewswire-FirstCall/ -- NuState Energy Holdings, Inc. (BULLETIN BOARD: NSEH) , and Rentar Environmental Solutions, Inc. (a privately-held company headquartered in Wellington, FL) announced today that notice of approval had been received from the USPTO for the patent on the supply chain software that is the basis for the blockbuster MY DRIVER SEAT application -- one of the two major components of their recently announced RENTAR LOGIC package. This bundle of The Rentar Fuel Catalyst with MY DRIVER SEAT is the first product of its kind in the world. MY DRIVER SEAT is a potent fleet management tool which gathers data in real time and provides timely, concise reports that present a precise picture of speed, miles per gallon, idling time, out of route, unauthorized usage, and a great deal of other valuable information. These reports can be tailored to meet the differing, unique requirements of varied users. Simultaneously, the reports provide real time data which verifies the ongoing efficacy of The Rentar Fuel Catalyst, which reduces fuel consumption up to 12% and significantly lowers harmful emissions. The Rentar Fuel Catalyst is the holder of six domestic patents and 20 international patents. Frank Reilly, the CEO of NuState, and one of the guiding forces behind the new venture said, "This new patent gives our product greater protection. The combination of these two technologies creates an unparalleled package that gives fleet managers, and other interested parties, the ability to save money directly on fuel while dramatically increasing efficiency at the same time. In addition, the package enables the user to significantly reduce greenhouse gas emissions and provide clear verification of these reductions."
About NuState Energy Holdings, Inc.
NuState is a technology company specializing in providing pertinent, real-time information to the worldwide transportation and security industries. Its telematics solutions collect vehicle and container-based data and integrate it with information gathered from various disparate legacy systems across the supply chain. The data is then synthesized and reformatted into valuable, actionable information, and delivered to appropriate end-users across the logistics value chain through secure web-based applications. Specific offerings include: vehicle tracking, inventory/asset visibility, secure trucking, matching available freight with available trucks, and many others. Additionally, NuState owns Commodity Express Transportation, a freight transportation operation currently serving the southeastern United States.
About Rentar Environmental Solutions, Inc.
Rentar Environmental Solutions manufactures and markets the Rentar Fuel Catalyst, a technology that is verified to significantly reduce fuel consumption, particulate matter and such greenhouse gases as CO2 and Nox. Rentar's customers include numerous Fortune 500 companies, state and local governments, and various foreign entities.
This press release includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements regarding our current business plans, strategies and objectives that involve risks and uncertainties that could cause actual results to differ materially from anticipated results. The forward-looking statements are based on our current expectations and what we believe are reasonable assumptions; however, our actual performance, results and achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Factors, within and beyond our control, that could cause or contribute to such differences include, among others, the following: we have a history of losses and an accumulated deficit, expect losses to continue for the foreseeable future and will need to raise additional working capital in order to implement our business model and sustain our operations; the loss of one or more of our major customers could materially and adversely effect our future revenue and business operations; as well as those factors discussed under "Risk Factors" in our Annual Report on form 10-KSB filed on October 15, 2007 and various disclosures in other reports filed from time to time with the United States Securities and Exchange Commission.
NuState Energy Holdings, Inc.; Rentar Environmental Solutions, Inc.
CONTACT: Richard Hersh, Chairman, +1-561-998-7557, ext. 302, rhersh@mydriverseat.com, for NuState Energy Holdings, Inc.
Anixter International Inc. Announces Share Repurchase Program
GLENVIEW, Ill., May 2 /PRNewswire-FirstCall/ -- Anixter International Inc. today announced a share repurchase program under which the Company may repurchase up to 1 million of its outstanding shares with the exact volume and timing dependent on market conditions. Anixter noted that all previously announced share repurchase programs had been completed prior to the end of the first quarter of 2008.
Anixter currently has approximately 35.7 million shares outstanding.
About Anixter
Anixter International is a leading global distributor of communication products, electrical and electronic wire & cable and a leading distributor of fasteners and other small parts ("C" Class inventory components) to Original Equipment Manufacturers. The company adds value to the distribution process by providing its customers access to 1) innovative inventory management programs, 2) more than 400,000 products and over $1 billion in inventory, 3) 218 warehouses with more than 6 million square feet of space, and 4) locations in 249 cities in 49 countries. Founded in 1957 and headquartered near Chicago, Anixter trades on The New York Stock Exchange under the symbol AXE.
Safe Harbor Statement
The statements in this news release that use such words as "believe," "expect," "intend," "anticipate," "contemplate," "estimate," "plan," "project," "should," "may," or similar expressions are forward-looking statements. They are subject to a number of factors that could cause the company's actual results to differ materially from what is indicated here. These factors include general economic conditions, technology changes, changes in supplier or customer relationships, commodity price fluctuations, exchange rate fluctuations, new or changed competitors and risks associated with integration of recently acquired companies. Please see the company's Securities and Exchange Commission filings for more information.
Additional information about Anixter is available on the Internet at
http://www.anixter.com/
Anixter International Inc.
CONTACT: Dennis Letham, Chief Financial Officer of Anixter International Inc., +1-224-521-8601; or Investor and Media Inquiries, Chris Kettmann of Ashton Partners, +1-312-553-6716, for Anixter International Inc.
Web Site: http://www.anixter.com/
Activision to Cast 'Rapala Fishing Frenzy' Into Consoles This Summer
SANTA MONICA, Calif., May 2 /PRNewswire-FirstCall/ -- Bait your hook this summer to catch "Rapala Fishing Frenzy," the newest edition of the popular angling game from Activision, Inc. . Developed by Fun Labs in close collaboration with Rapala, the world's largest manufacturer of fishing lures and #1 fishing brand in the world, the title will supply heart-pounding fishing action in over 20 tournament events. The game is slated for release for the Xbox 360(R) video game and entertainment system from Microsoft, PLAYSTATION(R)3 computer entertainment system, and Wii(TM) in Summer 2008.
"Rapala is the gold standard when it comes to quality sport fishing games, and Fishing Frenzy is the natural progression for the franchise," said Dave Oxford, Activision Publishing. "Fun Labs has refined the controls for fishing enthusiasts while making the game easy to learn and action-packed for amateur anglers."
With their hands on authentic gear, players will feel like they have an actual rod in their hands as they cast, jig the bait, and reel in fish. Players can battle for their favorite trophy as they angle for 25 of the most sought after species of fish in the world, all within pristine, uncrowded freshwater environments. This is the most exciting, progressive fishing game ever made and every angler's dream.
"A proper fishing game needs to capture the adrenaline-pumping intensity of sport fishing," said Adrian Filippini from Fun Labs. "Fishing Frenzy delivers big time with beautiful graphics and controls adapted specifically to each console. Rapala's involvement has resulted in a game with a new level of realistic fishing fun."
For more information visit http://www.activision.com/.
About Fun Labs
Founded in 1999, Fun Labs develops videogames for PlayStation(R)2 computer entertainment system, PSP(R) (PlayStation(R)Portable) system, PLAYSTATION(R)3 computer entertainment system, Xbox, Xbox 360, and Wii. Throughout the years Fun Labs has developed and continues to develop an impressive amount of proprietary technology.
About Rapala
Dedicated to delivering memorable fishing experiences every time, the Rapala VMC Group, based in Vaaksy, Finland (Helsinki Stock Exchange: RAP1V), manufactures and markets fishing lures, fishing line, fishing rods, hooks, terminal tackle, knives and accessories under the Rapala, VMC, Blue Fox, Luhr Jensen, Terminator, Williamson and Storm brand names. The company was unofficially founded in 1936 when Lauri Rapala invented the Rapala fishing lure. Rapala maintains its strict standards of quality and craftsmanship while delivering its fishing products to anglers in more than 140 countries. For more information, visit rapala.com.
About Activision, Inc.
Headquartered in Santa Monica, California, Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products. Founded in 1979, Activision posted net revenues of $1.5 billion for the fiscal year ended March 31, 2007.
Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, Japan and South Korea. More information about Activision and its products can be found on the company's World Wide Web site, which is located at http://www.activision.com/.
Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision's expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. In this release they are identified by references to dates after the date of this release and words such as "will," "will be," "remains," "to be," "plans," "believes", "may", "expects," "intends," and similar expressions. These risks and uncertainties include, but are not limited to, sales of Activision's titles, shifts in consumer spending trends, the seasonal and cyclical nature of the interactive game market, Activision's ability to predict consumer preferences among competing hardware platforms (including next-generation hardware), declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision's products, adoption rate and availability of new hardware and related software, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, customers, vendors and third- party developers, international economic and political conditions, integration of recently acquired subsidiaries and identification of suitable future acquisition opportunities, limitations on our ability to issue stock and options and foreign exchange rate changes. Other factors that could cause Activision's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, without limitation, the further implementation, acceptance and effectiveness of the remedial measures recommended or adopted by the special sub-committee of independent directors established in July 2006 to review Activision's historical stock option granting practices, the board and Activision; the outcome of the SEC's formal investigation and the derivative litigation filed in July 2006 against certain current and former directors and officers of Activision relating to Activision's stock option granting practices, the possibility that additional claims and proceedings will be commenced, including additional stockholder litigation, employee litigation, and additional action by the SEC and/or other regulatory agencies, other litigation (unrelated to stock option granting practices), and the risks identified in Activision's most recent annual report on Form 10-K and recent reports on Form 8-K. The forward-looking statements in this release are based upon information available to Activision as of the date of this release, and Activision assumes no obligations to update any such forward-looking statement. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially from our current expectations.
(C)2008 Activision Publishing, Inc. Activision is a registered trademark of Activision Publishing, Inc.
Wii and Nintendo DS are trademarks of Nintendo. (C) 2006 Nintendo. All other trademarks and trade names are the properties of their respective owners.
"PlayStation", "PLAYSTATION" and "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.
(C) 2008 Microsoft Corporation. All rights reserved. Microsoft, Xbox, Xbox 360, Xbox LIVE and the Xbox logos are trademarks of the Microsoft group of companies and are used under license from Microsoft.
All other trademarks are the property of their respective owners.
Activision, Inc.
CONTACT: Steve Bowes of Sandbox Strategies, +1-212-213-2451, steve@sandboxstrat.com, for Activision, Inc.
Web site: http://www.activision.com/ http://www.rapala.com/
Boeing Selects General Dynamics to Produce Radomes for F-15 Radar Modernization Program
CHARLOTTE, N.C., May 2 /PRNewswire/ -- General Dynamics Armament and Technical Products has been selected by The Boeing Company as the preferred provider to supply the next generation of wideband radomes for the F-15 Radar Modernization Program. The source selection award covers the design, development and production of wideband radomes as part of the F-15 Radar Modernization Program (RMP). This program will upgrade the U.S. Air Force F-15E with an Active Electronically Scanned Array (AESA) radar system. The anticipated program start date is no later than the end of the third quarter, 2008. General Dynamics Armament and Technical Products is a business unit of General Dynamics .
Production and program management will be performed at General Dynamics' Advanced Materials facility in Marion, Va. General Dynamics also produces the M61A1 20mm Gatling-gun-based weapon system for the F-15E at its Saco, Maine, facility.
"Our team in Marion has been designing and manufacturing aircraft radomes for more than 50 years, and is the creator of a proprietary manufacturing process for wideband radome fabrication that includes precision machining to achieve the required electrical performance," stated Jim Losse, vice president and general manager of advanced materials for General Dynamics Armament and Technical Products. "We're proud to have been selected by Boeing for work on the F-15E AESA radar system," he continued.
General Dynamics Armament and Technical Products, located in Charlotte, N.C., provides a broad range of system solutions for military and commercial applications. The company designs, develops and produces high-performance armament systems; mobile shelter systems; and is the leading U.S. producer of biological and chemical detection systems. More information about General Dynamics Armament and Technical Products can be found on the World Wide Web at http://www.gdatp.com/.
General Dynamics, headquartered in Falls Church, Va., employs approximately 83,500 people worldwide and reported 2007 revenues of $27.2 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at http://www.generaldynamics.com/.
General Dynamics Armament and Technical Products
CONTACT: Gail Warner of General Dynamics Armament and Technical Products, +1-704-714-8014, or Fax: +1-704-714-8089, gwarner@gdatp.com
Web site: http://www.gdatp.com/ http://www.generaldynamics.com/
KEMET Launches Space Grade Series of CapacitorsNew product optimized for military/aerospace applications
GREENVILLE, S.C., May 2 /PRNewswire-FirstCall/ -- KEMET Corporation announced today that, as part of its continuing commitment to the defense and aerospace markets, the Company is introducing a new Space Grade Series of capacitors designed for use by military/aerospace customers in high-reliability space applications. This series meets the requirements of MIL-PRF-55365 as well as MIL-STD-1580. The capacitors in this series incorporate an intensive testing and screening protocol that can be customized to meet the customer's specific needs.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080502/CLF025 )
The part number is designed to allow for designation of Weibull grading (level C - 0.01%/k hours), surge current level (10 cycles at 25 C, 10 cycles - 55 C and +85 C before/after Weibull grading), performance testing level (catalog details available options), ESR (low and standard), and termination finish. Fused versions are available for built-in circuit protection, and multiple anode designs are available for very low ESR values.
"KEMET's military and aerospace customers have expressed the need for capacitors that can withstand the rigors of space applications," said Dr. Philip Lessner, KEMET's Chief Technology Officer and Chief Scientist. "This series is KEMET's response to that need. Our new Space Grade Series offers features that are optimized for military/aerospace applications and provide an opportunity for the customer to specify the desired testing level."
KEMET Corporation applies world-class service and quality to deliver industry-leading, high-performance capacitance solutions to its customers around the world. KEMET offers the world's most complete line of surface-mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. KEMET's common stock is listed on The New York Stock Exchange under the symbol KEM. Additional information about KEMET can be found at http://www.kemet.com/ .
Contact: Dean W. Dimke
Director of Corporate and
Marketing Communication
deandimke@kemet.com
864-228-4448
Craig Scruggs
Product Line Manager,
MnO2 and Specialty Product Lines
craigscruggs@kemet.com
864-228-4178
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080502/CLF025 PRN Photo Desk, photodesk@prnewswire.com
KEMET Corporation
CONTACT: Dean W. Dimke, Director of Corporate and Marketing Communication, +1-864-228-4448, deandimke@kemet.com, or Craig Scruggs, Product Line Manager, MnO2 and Specialty Product Lines, +1-864-228-4178, craigscruggs@kemet.com, both of KEMET Corporation
Web site: http://www.kemet.com/
Delphax Technologies Inc. (Nasdaq: DLPX) Quarterly Conference CallThursday, May 8, 200810:30 AM Central Time11:30 AM Eastern Time
MINNEAPOLIS, May 2 /PRNewswire-FirstCall/ -- Delphax Technologies Inc. , a global provider of high-speed digital printing systems, will discuss second quarter fiscal 2008 results in a conference call on Thursday, May 8, at 10:30 AM Central Time.
Delphax plans to release second quarter results before market opening on Thursday, May 8. To participate in the conference call, please call:
1-800-257-7063
shortly before 10:30 AM Central Time and ask for the DELPHAX conference call.
The conference call will also be webcast. To listen to the webcast, log on to: http://w.on24.com/r.htm?e=109012&s=1&k=A725481AC20B9F5F456C350355672C6F. To listen to a taped rebroadcast of the conference, call 1-800-405-2236 and enter the passcode 11113636#. This rebroadcast will be available starting at 12:30 p.m. Central Time on May 8 and will remain active through May 15, 2008.
We look forward to your participation. If you have any questions regarding the conference call, please contact Gregory S. Furness at (952) 939-9000.
Delphax Technologies Inc.
CONTACT: Gregory S. Furness of Delphax Technologies Inc., +1-952-939-9000
Web site: http://www.delphax.com/
Current Technology's Celevoke Appoints the Real Security Company GPS Tracking System Distribution Partner
VANCOUVER, British Columbia and NEW YORK, May 2 /PRNewswire-FirstCall/ -- Current Technology Corporation (OTCBB: CRTCF) and MSGI Security Solutions Inc. (OTCBB: MSGI) today announced Texas-based Celevoke, Inc. ("Celevoke") has appointed The Real Security Company Ltd. ("TRSC") of Kelowna, British Columbia a distribution channel partner. "TRSC has invested years in time and energy in a thorough analysis of the market for Telematics solutions," stated Celevoke Vice-president Brian Allen, "and has targeted a number of very significant verticals for distribution of products to be marketed under its EYE ON(TM) brand. TRSC has joined forces with Diverse Technologies Corp. ("DTC") to introduce its products to the pupil transportation industry."
According to the National Association For Pupil Transportation, pupil transportation is a $16 billion industry of over 475,000 people transporting more than 24 million children every school day, on over 450,000 school buses in the United States.
TRSC CEO Eldon Heppner said, "After years of reviewing numerous GPS technologies, we have determined the Celevoke platform is the best to use in launching the EYE ON(TM) to a number of significant markets, and are pleased to announce we will be launching our pupil transportation initiative in concert with DTC this month. DTC has years of experience solving security issues in a myriad of industries, so we are particularly well positioned to generate rapid sales in this important market."
About The Real Security Company
The Real Security Company(TM) (TRSC(TM)) is a global multi-divisional company diverse in product offerings. At the core, TRSC(TM) provides a complete line of residential and business theft deterrent / prevention safety products for the automotive, motorbike, marine, military and industrial sectors. For more information please go to http://www.therealsecuritycompany.com/ and http://www.gpsfor2007.com/ .
About Celevoke
Celevoke is poised to become a market leader in the projected $38.3 billion (by 2011) global market for Telematics (according to ABI Research), which is the integrated use of telecommunications and informatics. More specifically, it is the science of sending, receiving and storing information wirelessly via telecommunication devices. Celevoke has integrated Telematics and Global Positioning Systems (GPS) with sensing technology. This proprietary suite of hardware and software products enables users to remotely monitor, track, control and protect a wide variety of asset classes. Examples include people, automobiles and trucks, shipping containers and covert vehicles used for law enforcement and intelligence gathering in a global marketplace. In 2005, Celevoke acquired the assets of San Francisco based Televoke, Inc.; a telematics pioneer backed by Softbank Venture Capital, Cardinal Venture Capital, W.I. Harper Group and others, representing more than $15 million in funding. These assets provided the foundation for Celevoke's development of patented technology utilized today by Celevoke's many clients.
The news release contains forward-looking statements concerning the Company's business operations, and financial performance and condition. When used in the news release the words "believe," "anticipate," "intend," "estimate," "expect," "project," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. These forward-looking statements are based on current expectations and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause such differences include but are not limited to technological change, regulatory change, the general health of the economy and competitive factors. Many of these factors are beyond the Company's control; therefore, future events may vary substantially from what the Company currently foresees. You should not place undue reliance on such forward-looking statements.
Current Technology Corporation; MSGI Security Solutions Inc.
CONTACT: Robert Kramer of Current Technology Corporation, 1-800-661-4247; or Jeremy Barbera of MSGI Security Solutions Inc., +1-917-339-7134; or Investor Relations, Richard Hannon of Polestar Communications, 1-866-858-4100, for Current Technology Corporation; or Keith Fetter or Darren Bankston, both of Piedmont IR, LLC, +1-678-455-3696, both for Current Technology Corporation and MSGI Security Solutions Inc.
Web site: http://www.therealsecuritycompany.com/ http://www.gpsfor2007.com/
SEDONA and CU ink Extend Partnership to Deliver Marketing Services to Intarsia Customers
KING OF PRUSSIA, Pa., May 2 /PRNewswire-FirstCall/ -- SEDONA(R) Corporation (BULLETIN BOARD: SDNA) (http://www.sedonacorp.com/), a leading provider of Customer/Member Relationship Management (CRM/MRM) solutions for the small and mid-size financial services market, today announced a new extension to the partnership with CU ink, Inc (http://www.cuink.com/) to deliver marketing services to Intarsia(R) customers.
CU ink, founded in 1994 and headquartered in Norristown, PA, services the printing, marketing consulting and statement processing needs of over 1,000 credit unions in the US and Caribbean. SEDONA and CU ink announced a partnership in 2007, which has already produced the in-house deployment of Intarsia to a number of CU ink customers.
As a result of this extended partnership, Intarsia is now integrated with CU ink's cutting edge web-to-print solution, Marketing on Demand. CU ink's Marketing on Demand integrates customer and prospect data from Intarsia to produce tailored, branded marketing collateral based on demographic information.
Intarsia customers will now be able to streamline their entire marketing process from market analytics and campaign management to the production of personalized print collateral. They can truly achieve closed-loop marketing that integrates the entire process for the selection of target members to print fulfillment. When used together with Marketing on Demand, Intarsia customers can get the right message to the right person in a timely manner and therefore assist in achieving better marketing responses at lower costs.
For those credit unions that see the competitive advantages of Intarsia for their marketing efforts but may lack the resources for implementation, CU ink now offers marketing services for Intarsia to help credit unions build and execute their marketing plans. CU ink will work with your management team to deliver the situational analysis, develop tactics and strategies and develop reporting and operational processes to measure results. Marketing services for Intarsia can provide the critical first step that enables credit unions to get started and establish an achievable plan for success.
CU ink President Bob Connor commented, "Many of our clients have remarked that the promise of MRM seems beyond their reach because of limited resources to establish an effective plan, get it started and stay on course. With SEDONA's Intarsia and CU ink marketing services, we offer our clients a path to member relationship management specifically priced and designed for their needs, and with the right methodology to get started and increase return on investment."
Norristown Bell Credit Union CEO and President Helen Edwards noted, "With marketing services from CU ink, my organization can focus on our marketing objectives and leverage the use of Intarsia to achieve our goals much faster and more efficiently than we otherwise could have alone."
"SEDONA is please to see how our partners continue to leverage our CRM/MRM technology with value added services that enable financial services institutions to fully realize the benefits of Intarsia," noted Marco Emrich, SEDONA President and CEO. "CU ink's Marketing on Demand services provides such opportunity by allowing credit unions of any size to build, execute and track their marketing strategies and programs."
About SEDONA Corporation
SEDONA(R) Corporation (BULLETIN BOARD: SDNA) provides multi-vertical Customer/Member Relationship Management (CRM/MRM) solutions and services specifically tailored to the small to mid-size financial services market. SEDONA's CRM/MRM solution, Intarsia(R), is designed and priced to support and meet the needs of the multiple lines of business of small-to-midsize banks and credit unions. Intarsia provides the entire financial services institution with a complete and accurate view of their customers' and prospects' relationships and interactions. By utilizing SEDONA's CRM/MRM solution and services, SEDONA's clients effectively identify, acquire, foster, and retain loyal, profitable customers. For additional information, visit the SEDONA web site at http://www.sedonacorp.com/ or call 1-800-815-3307.
Forward-Looking Statements
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," or "expects," and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.
SEDONA(R) and Intarsia(R) are registered trademarks of SEDONA Corporation. All other trade names are the property of their respective owners. This press release and prior releases are available on the SEDONA Corporation web site at http://www.sedonacorp.com/.
SEDONA Corporation
CONTACT: Investors: Steve Ficyk, +1-216-373-6856, stevef@sedonacorp.com, or Media: Michelle Brown, +1-610-337-8400, michelleb@sedonacorp.com, both of SEDONA Corporation
Web site: http://www.sedonacorp.com/ http://www.cuink.com/
Federal Signal VelocityMDS System Provides Efficiency and Automation to Enhance Public Safety in Benton County, Arkansas
UNIVERSITY PARK, Ill., May 2 /PRNewswire-FirstCall/ -- Federal Signal Corporation's Safety and Security Systems Group, a leader in advancing security and well-being, today announced that the Benton County Sheriff's Office headquartered in Bentonville, Ark., has deployed the Federal Signal VelocityMDS mobile data system as a mobile interface to the agency's computer aided dispatch (CAD) and records management systems (RMS).
The benefits seen by the agency are improved efficiency and automation, reduced response times to incidents, and greater officer safety. Officer Jesse Martinez boasts of the VelocityMDS system, "I couldn't do my job without it. Response time is almost cut in half now that we have this technology."
Benton County, one of the fastest growing counties in the United States, quickly scaled to multiple VelocityMDS systems based on the satisfactory results of the initial deployment. The system enables a previously unattainable level of efficiency and automation for officers with real-time National Crime Information Center (NCIC) index access, automatic notification and audible alerts of incidents pushed out from the CAD system, call mapping and automatic vehicle location (AVL) assistance in routing officers to incident locations. Additional VelocityMDS system features include: real-time chat, e-mail, internet access, security checks and ride-bys, e-Ticket, an optional Federal Signal VelocityCAM mobile video system digital video interface, voice commands and more.
As multiple agencies now share the Benton County Communications Center, the AVL feature offers officers instant visibility to other officers' locations regardless of agency or jurisdiction. The VelocityMDS system also enables live chat functionality between officer's vehicles. With the multiple thread search functionality, a single query on an individual's driver license number or vehicle license plate can return multiple results by checking NCIC, as well as wants and warrants across multiple agencies and jurisdictions. The VelocityMDS system was sold and deployed by Southern Software, Inc., of Southern Pines, N.C., a leading reseller of Federal Signal's suite of public safety software.
"Our Federal Signal suite of public safety software offers law enforcement leaders a robust tool kit to take control of events in their communities," said Michael K. Wons, vice president and general manager of Federal Signal's Public Safety Systems Division. "Progressive sheriff's departments like Benton County's prefer Federal Signal's VelocityMDS system to manage first responders from almost anywhere, access databases instantly and reduce response times. We are delighted to help Benton protect people, property and the environment in their growing county."
The Codespear-enabled Federal Signal VelocityMDS system is part of the Federal Signal Public Safety Systems industry platform.
About Federal Signal
Federal Signal Corporation is a leader in advancing security and well-being for communities and workplaces around the world. The company designs and manufactures a suite of products and integrated solutions for municipal, governmental, industrial and airport customers. Federal Signal's portfolio of trusted, high-priority products include Bronto aerial devices, Elgin and Ravo street sweepers, E-ONE fire apparatus, Federal Signal safety and security systems, Guzzler industrial vacuums, Jetstream waterblasters and Vactor sewer cleaners. Federal Signal was founded in 1901 and is based in Oak Brook, Illinois.
Federal Signal Corporation's Safety and Security Systems Group
CONTACT: John Segvich of Federal Signal Corporation's Safety and Security Systems Group, +1-708-587-3486, jsegvich@federalsignal.com
Web site: http://www.federalsignal.com/
WebMD to Present at the Third Annual Needham & Company Internet & Digital Media Conference
NEW YORK, May 2 /PRNewswire-FirstCall/ -- WebMD Health Corp. and HLTH Corporation today announced that executives of WebMD are scheduled to participate at the Third Annual Needham & Company Internet & Digital Media Conference on Thursday, May 8, 2008 at 8:00 am ET.
Investors, analysts and the general public are invited to listen to a live audio broadcast of the presentation over the Internet. The broadcast can be accessed at http://www.wbmd.com/ (in the Investor Relations section). A replay of the broadcast will be available at the same web address.
About WebMD
WebMD Health Corp. is the leading provider of health information services, serving consumers, physicians, healthcare professionals, employers and health plans through our public and private online portals and health-focused publications. WebMD Health Corp. is a subsidiary of HLTH Corporation .
All statements contained in this press release, other than statements of historical fact, are forward-looking statements. These statements are based on WebMD's current plans and expectations and involve risks and uncertainties, including those described in our SEC filings.
WebMD
CONTACT: Investors, Risa Fisher, +1-212-624-3817, rfisher@webmd.net, or Media, Jennifer Newman, +1-212-624-3912, jnewman@webmd.net, both of WebMD
Web site: http://www.webmd.com/
More New Yorkers Gain TV Choice as Verizon Expands FiOS TV in Three More CommunitiesNew Fiber-Optic Service Now Available in Roslyn Harbor and Wappingers Falls; Service Expanded in Town of Newburgh
NEW YORK, May 2 /PRNewswire/ -- An innovative, reliable and competitive alternative to cable TV is coming to more New York consumers as Verizon expands its industry-leading FiOS TV service, which is provided on the nation's most advanced fiber-optic network straight to customers' homes.
Verizon is now taking orders for FiOS TV in parts of the villages of Roslyn Harbor on Long Island and Wappingers Falls in Dutchess County. Within the Town of Newburgh in Orange County, the service was also expanded to include the village of Plattekill and portions of the Village of Wallkill.
The company already offers FiOS TV in nearly 200 New York communities through 108 cable franchises that have been approved across the state.
(NOTE: See complete list below of New York communities where franchises have been granted to Verizon to offer FiOS TV.)
"Residents of the latest communities to get FiOS TV now can join the other New Yorkers who have been given an outstanding, superior choice for their video entertainment," said Monica Azare, Verizon senior vice president for New York and Connecticut. "FiOS TV will bring something to consumers they've never had before, with incredible pictures and sound clarity and innovative new services -- all from a brand they know and trust.
"Customers who liked what FiOS did for their Internet connection will love what it does for their TV. We've harnessed the speed and capacity of fiber-based broadband with the power of broadcast to create a revolutionary, new entertainment experience," said Azare.
New York consumers can check online at http://www.verizon.com/ny/savebig to see if FiOS TV is already available in their area, or to request that Verizon contact them when FiOS TV becomes available. Customers also can call their local Verizon sales office or 888-438-3467.
Service Highlights
Verizon's FiOS TV Premier package delivers 200 all-digital channels, including 31 high-definition (HD) channels in the New York market and access to more than 10,000 on-demand titles, 70 percent of which are free. Sports fans subscribing to FiOS TV Premier in the New York market will also receive the YES Network, MSG Network, FSN New York, SportsNet NY and the NFL Network at no extra charge.
Verizon offers three set-top boxes: standard definition for $5.99 per month; high definition, which includes HD channels, for $9.99 per month; and a dual-tuner digital video recorder for $12.99 per month.
Verizon also offers innovative features not available from other providers, such as Home Media DVR (digital video recorder) and FiOS TV Widgets. Home Media DVR has a multi-room DVR feature enabling up to three simultaneous viewings of recorded programs without requiring customers to set up a complex home network or buy extra equipment. Customers also can access photos and music on their PCs and play them on their TV. FiOS TV Widgets is a free interactive feature that provides viewers with local weather and traffic information while they're watching their favorite shows.
Delivered over Verizon's fiber-optic network, FiOS TV is a formidable competitor to cable and satellite. Verizon's fiber network delivers amazingly sharp pictures and sound, and has the capacity to transmit a wide array of high-definition programming that is so clear and intense it seems to leap from the TV screen. The company's fiber network also delivers Internet download speeds of up to 50 Mbps (megabits per second) and upload speeds of up to 20 Mbps, as well as high-quality voice service.*
The value of FiOS TV extends to the installation and customer support. Specially trained Verizon technicians will install the service and acquaint subscribers with FiOS TV features and services. Verizon is waiving the installation fee for up to three existing TV outlets, and there is no charge to install a needed optical network terminal at the subscriber's home. Charges for other installation services, such as additional outlets, may apply. Verizon provides 24 x 7 technical assistance by phone from its specialized Fiber Solutions Centers.
* NOTE: actual (throughput) speeds will vary.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 67 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employed a diverse workforce of approximately 232,000 as of the end of the first quarter 2008 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
The following New York state towns and villages have granted franchises to
Verizon to offer its revolutionary FiOS TV service in their communities:
Westchester County:
Cities of White Plains, Mount Vernon, Yonkers, New Rochelle, Peekskill and Rye. Towns of Greenburgh, Eastchester, Mount Kisco, North Castle, Mount Pleasant, Cortlandt, Mamaroneck and Ossining. Villages of Ardsley, Dobbs Ferry, Tarrytown, Irvington, Elmsford, Port Chester, Tuckahoe, Rye Brook, Scarsdale, Bronxville, Buchanan, Larchmont, Mamaroneck, Pelham Manor, Sleepy Hollow, Briarcliff Manor and Ossining.
Rockland County:
Towns of Clarkstown, Orangetown, Haverstraw, Ramapo and Stony Point. Villages of Nyack, South Nyack, Upper Nyack, Grandview-on-Hudson, Piermont, Airmont, West Haverstraw, Chestnut Ridge, Spring Valley, Haverstraw, Suffern and Hillburn.
Nassau County:
Towns of Hempstead, Oyster Bay and North Hempstead. Villages of Massapequa Park, Cedarhurst, Laurel Hollow, Lynbrook, Mineola, East Rockaway, Valley Stream, Farmingdale, Freeport, Williston Park, New Hyde Park, Bayville, Sands Point, Floral Park, South Floral Park, Garden City, Mill Neck, Stewart Manor, East Williston, Centre Island, Malverne, Oyster Bay Cove, Bellerose, Flower Hill, Great Neck, Great Neck Estates, Great Neck Plaza, Kensington, Kings Point, Lake Success, Munsey Park, North Hills, Plandome, Plandome Heights, Plandome Manor, Russell Gardens, Saddle Rock, Thomaston, East Hills, Roslyn Harbor and Roslyn Estates.
Suffolk County:
Towns of Smithtown, Huntington and Islip. Villages of Old Field, Nissequogue, Poquott, Head of the Harbor, The Branch, Huntington Bay and Lloyd Harbor.
Orange County:
Town of Newburgh.
Dutchess County:
Town of Wappinger. Village of Wappingers Falls.
Erie County:
Town of Orchard Park. Villages of Hamburg and Orchard Park.
Verizon
CONTACT: John Bonomo of Verizon, +1-212-321-8033, John.J.Bonomo@Verizon.com
Web site: http://www.verizon.com/ http://www.verizon.com/ny/savebig
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Healthcare Coalition Launches Enhanced Website Offering Tools and Materials to Improve Patient Care During Transitions of CareThe National Transitions of Care Coalition Also Creates New Associate Membership Category
LITTLE ROCK, Ark., May 2 /PRNewswire/ -- The National Transitions of Care Coalition (NTOCC) announced today the launch of an enhanced website at http://www.ntocc.org/. The redesigned site contains a variety of new downloadable tools and information to help address transition of care challenges and to raise awareness about transitions of care. Specific content is available for various groups including healthcare professionals, consumers (patients and their caregivers), policy makers and the media. NTOCC was founded in 2006 to address the challenges and complications created when a patient transitions from one health care setting to another. NTOCC is chaired and coordinated by the Case Management Society of America (CMSA) in partnership with sanofi-aventis U.S. LLC.
"The launch of our revamped website represents an important step in the development of NTOCC," Cheri Lattimer, NTOCC Project Director and CMSA Executive Director said. "People can now find information that addresses transitions of care from their particular perspective. Tools are available so that both professionals and consumers can help improve transitions of care."
The newly released tools and resources address several important areas that impact effective transitions including:
-- Personal Patient "My Medicine List" Essential Data Elements: This is a
list of important recommended information about a patient's
medications. The data elements indicate the prescriptions that
patients have been prescribed and are currently taking along with
information about their over-the-counter medications, vitamins, and
nutritional supplements. The goal of the personal medicine list is to
help patients improve their understanding of their current medicine
regimens including why they need to take the medication and for how
long. Patients who carry their updated list will assist healthcare
providers in ensuring safe transference of medication information.
-- Medication Reconciliation Essential Data Specifications: These
consensus elements will help healthcare professionals collect, transmit
and receive critical medication information needed when patients move
from one practice setting or level of care to another. The use of
these elements in the reconciliation process required by the Joint
Commission could help reduce medication errors.
-- Elements of Excellence Transitions of Care Checklist: This list
provides a detailed description of effective patient transfer between
practice settings. This process can help to ensure that patients and
their critical medical information are transferred safely, timely, and
efficiently.
In an effort to engage additional organizations seeking to support NTOCC's work and increase their involvement with the Coalition, NTOCC has also created an additional level of membership. Associate Members receive advanced notification of tools and resources being made available for public use and the opportunity, via a secured area on the website, to comment on coalition activities, initiatives and tools.
"The Associate Member program is the result of a multitude of requests we have received in the past year-and-a-half from a variety of groups to become more involved in NTOCC," Lattimer explained.
Organizations wanting to increase their involvement with NTOCC can submit an online application for Associate Membership. In addition, individuals may subscribe to receive e-mail updates on future NTOCC activities.
Transitions of care include situations in which a patient moves from primary care to specialty physicians or moves within the hospital including moves from the emergency department to other various departments, such as surgery or intensive care; or when a patient is discharged from the hospital and goes home or to an assisted living or skilled nursing facility. Patients, especially older persons, face significant challenges when moving from one level of care or practice setting to another in the healthcare system. During these transitions, lack of communication can result in redundant or conflicting information that often creates serious issues for patients, their caregivers and their families.
The NTOCC Advisory Board has guided the work of the coalition since 2007 and includes the Academy of Managed Care Pharmacy (AMCP), American Association of Homes and Services for the Aging (AAHSA), American College of Healthcare Executives (ACHE), American Geriatrics Society (AGS), American Medical Directors Association (AMDA), American Medical Group Association (AMGA), American Society of Health-System Pharmacists (ASHP), American Society on Aging (ASA), American Society of Consultant Pharmacists (ASCP), AXA Assistance USA Inc., Case Management Society of America (CMSA), Consumers Advancing Patient Safety (CAPS), Health Services Advisory Group (HSAG), Institute for Healthcare Improvement (IHI), Joint Commission International Center for Patient Safety (ICPS) ,Lipitz Center for Integrated Health Care, Mid-America Coalition on Health Care (MACHC), National Association of Directors of Nursing Administration - Long Term Care (NADONA / LTC), National Association of Social Workers (NASW), National Business Coalition on Health (NBCH), National Case Management Network of Canada (NCMN), National Quality Forum (NQF), Predictive Health, LLC, sanofi-aventis, U.S., LLC, Society of Hospital Medicine (SHM), The Joint Commission Disease - Specific Care Certification, United Health Group (UHG) and URAC.
About the National Transitions of Care Coalition (NTOCC)
NTOCC was formed in 2006 to address a serious U.S. health care issue: problematic situations which can occur when patients leave one care setting and move to another care setting. The U.S. healthcare system often fails to meet the needs of elderly patient populations during these transitions because care is rushed and responsibility is fragmented with little communication across care settings and multiple providers. These failures lead to undue burdens on patients and their families and negatively impact patient safety, quality of care and outcomes. The focus of NTOCC is to bring together thought leaders and health care experts from various settings to address this critical issue, define solutions and develop tools to address the gaps impacting patient care. Tools and resources developed by NTOCC will be made available to everyone in the health care industry including providers, payers, patients and consumers. NTOCC is chaired and coordinated by the Case Management Society of America in partnership with sanofi-aventis U.S. LLC. For more information visit http://www.ntocc.org/.
About Case Management Society of America (CMSA)
Established in 1990, the Case Management Society of America is an international non-profit 501(c)(6) multi-disciplinary professional association dedicated to the support and advancement of the case management profession through educational forums, networking opportunities, legislative advocacy, and establishing standards to advance the profession. It is based in Little Rock, AR, and serves more than 20,000 members/subscribers and 70 affiliate and pending chapters. Since its inception, CMSA has been at the forefront of setting professional standards for the industry, which allows for the highest level of efficiency and integrity, as well as developing national and local leaders who are recognized for their practice and professional excellence. For more information on CMSA, call CMSA at (501) 225-2229 or go to http://www.cmsa.org/.
About sanofi-aventis
Sanofi-aventis, a leading global pharmaceutical company, discovers, develops and distributes therapeutic solutions to improve the lives of everyone. Sanofi-aventis is listed in Paris (EURONEXT: SAN) and in New York .
Contacts:
Case Management Society of America
Cheri Lattimer, (501) 673-1144
sanofi-aventis U.S.
Marc Greene, (212) 551-4780
National Transitions of Care Coalition (NTOCC)
CONTACT: Cheri Lattimer, Case Management Society of America, +1-501-673-1144; or Marc Greene, sanofi-aventis U.S., +1-212-551-4780
Web site: http://www.sanofi-aventis.us/ http://www.sanofi-aventis.com/ http://www.ntocc.org/ http://www.cmsa.org/
Company News On-Call: http://www.prnewswire.com/comp/232375.html
General Dynamics Awarded $51 Million for Abrams Tank Work
STERLING HEIGHTS, Mich., May 2 /PRNewswire-FirstCall/ -- General Dynamics Land Systems, a business unit of General Dynamics , has been awarded two contracts worth $51 million for work on the Abrams main battle tank.
A $28 million contract was awarded April 25 for the purchase of long-lead materials to upgrade 63 M1A2 Systems Enhancement Package Version 1 Abrams tanks to the M1A2 Systems Enhancement Package Version Two (SEP V2) configuration. The most technologically advanced digital tank, the M1A2 SEP V2 includes improved displays, sights, auxiliary power and a tank-infantry phone. It also can accommodate future technology improvements to ensure compatibility with the U.S. Army's Future Combat Systems.
Work will be performed in Anniston, Ala., Tallahassee, Fla., Lima, Ohio, Sterling Heights, Mich., and Scranton, Pa., by existing General Dynamics employees. Work is expected be completed by Nov. 28, 2008.
A contract, valued at $23 million, has been awarded for the procurement of modification hardware for U.S. Army Abrams tanks. Work will be performed in Sterling Heights and is expected to be completed by Dec. 31, 2011.
General Dynamics, headquartered in Falls Church, Va., employs approximately 84,000 people worldwide and reported 2007 revenues of $27.2 billion. The company has leading market positions in mission critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation. More information about the company is available on the Internet at http://www.generaldynamics.com/.
General Dynamics Land Systems
CONTACT: Peter M. Keating of General Dynamics Land Systems, +1-586-825-7940, keating@gdls.com
Web site: http://www.gdls.com/
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