Companies news of 2008-05-12 (page 4)
Security Portfolios a Critical Option for Protecting Your Business from Cybercriminals
Perot Systems Acquires Original Solutions
The Wexford Group International, a CACI Company, Awarded Prime Position on $453 Million,...
Trintech Announces New Version of AssureNET GL for General Ledger Reconciliation, Review,...
ESS Technology Reports First Quarter 2008 Results
Atheros Receives Prestigious Emerging Growth Company AwardLeading Supplier of...
SunPower Announces World-Record Solar Cell EfficiencyFull-Scale Prototype Produced at 23.4...
CheapTickets.com Memorial Day Cheapometer Reveals Alternative Destinations Offering...
Actel Introduces IGLOO-based Portable Control SolutionsNew Daughter Cards Enable Human...
Salesforce.com Announces Timing of Its First Quarter and Fiscal 2009 Financial Results...
CB&S Bank Improves Customer Service and Makes Employees More Productive With ShoreTel's...
National Semiconductor Introduces Industry's Lowest Jitter SerDes ChipsetHighly Integrated...
SAIC Schedules First Quarter Fiscal Year 2009 Earnings Release and Conference Call for...
Diguang International Announces May 16 Conference Call and Webcast to Discuss 2008 First...
QSGI to Host First Quarter 2008 Conference Call on May 16, 2008
Qualcomm Demonstrates MediaFLO and International ISDB-T Mobile TV Standards on Multi-mode...
AAR SUMMA Technology Earns Recognition as a John Deere 'Partner-level Supplier'
Xilinx Introduces the World's Highest Performance Reconfigurable DSP SolutionNew Virtex-5...
Development Kit for Counterfeit-Proofing Embedded Application Development
Pericom Introduces 'Industry First' PCI Express Gen2 Timing & Signal Conditioning Products...
Commitment To Excellence Earns Mattson Technology OHSAS 18001:2007 Certification
Integrated Silicon Solution, Inc. Names New Chief Financial Officer
Gemalto and McAfee, Inc. Introduce Simple Two-Factor Authentication for Full Disk...
DynaPel Systems, Inc. Changes Name to Nio Security, Inc., Introduces Advanced New Products...
Elbit Systems Schedules First Quarter 2008 Results Release for May 20, 2008Conference Call...
RIM, RBC and Thomson Reuters to Anchor a US$150 Million BlackBerry Partners Fund Focused...
Security Portfolios a Critical Option for Protecting Your Business from Cybercriminals
OVERLAND PARK, Kan., May 12 /PRNewswire-FirstCall/ -- Most businesses probably feel far removed from Odysseus' sneak attack against his competition with the Trojan horse, but cybercriminals are using their own modern-day Trojans to sneak into businesses' networks and computers and attack them by stealing information, sabotaging data, disrupting service and laundering money.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060516/EMBARQLOGO )
The Federal Bureau of Investigation's Computer Crime Survey, based on the responses of more than 2,000 public and private organizations, found that nearly 90 percent had experienced security attacks within a year's time, and most of these attacks resulted in financial losses. Viruses and worms were the most costly, accounting for $12 million of the $32 million in total losses.
While viruses and spyware were cited as the most common types of attacks in the survey, cybercriminals have an arsenal of tools from which to choose -- the aforementioned Trojans, bots and zombies to name a few -- and they can come from anywhere in the world. Survey results showed 36 different countries were sources of attacks against respondents.
The best way for businesses to defend themselves against cyber attacks is to invest in the appropriate level of security needed to manage their risks, but picking the right security solution can be an overwhelming process because there are many options in the marketplace. It can be especially difficult for small businesses that don't employ IT professionals.
To simplify the process, businesses should consider working with a provider that offers a full portfolio of security options. EMBARQ, for example, has created EMBARQ(TM) Business Security Solutions, a complete security suite that combats multiple risks with a portfolio of options including software, hardware and network-based solutions.
"Our research has shown that at least half of all businesses believe that data security is one of the most pressing issues they face," said Susan Sarna, vice president of marketing and product management for EMBARQ. "No one security measure can protect them from all threats, so we worked with security industry leaders to develop a one-stop security toolbox. Our portfolio lets businesses pick the appropriate level of security to manage risk according to their unique needs."
The EMBARQ(TM) Business Security Solutions portfolio includes desktop, network and e-mail security as well as continuity services such as back-up, recovery and re-routing. Each of the security services can by purchased individually or together using monthly payments, which is another bonus for small businesses because paying for security products up front can often time be a financial hurdle.
Cybercriminals develop new weapons for their arsenal every day, and their armies continue to grow in size. Combating them in the most effective ways possible helps reduce the likelihood that your business will be their next victim. Technology will only become more integral in business, so having appropriate security measures in place to protect information, resources and even the businesses themselves has never been more vital. For more information, visit Embarq.com/security.
About EMBARQ
Embarq Corporation , headquartered in Overland Park, Kansas, offers a complete suite of communications services. The company has approximately 18,000 employees and operates in 18 states. EMBARQ is included in the S&P 500. For consumers, EMBARQ offers an innovative portfolio of services that includes reliable local and long distance home phone service, high-speed Internet, wireless, and satellite TV from DISH Network(R) -- all on one monthly bill. EMBARQ(TM) High-Speed Internet customers also have access to the myembarq.com portal featuring premium services including EMBARQ(TM) Unlimited Music and broadband video on demand. For businesses, EMBARQ has a comprehensive range of flexible and integrated services designed to help businesses of all sizes be more productive and communicate with their customers. This service portfolio includes local voice and data services, long distance, Business Class High Speed Internet, wireless, satellite TV from DIRECTV(R), enhanced data network services, voice and data communication equipment and managed network services. EMBARQ received the highest numerical score among providers of local telephone voice services in the proprietary J.D. Power and Associates 2007 Major Provider Business Telecommunications Voice Services Study(SM). Study based on responses from 2,048 business customers measuring 4 providers. Proprietary study results are based on experiences and perceptions of consumers surveyed in January-February 2007. Your experiences may vary. Visit jdpower.com. For more information, visit embarq.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060516/EMBARQLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Embarq Corporation
CONTACT: Media, Tom Matthews of EMBARQ, +1-919-554-7185, Tom.R.Matthews@embarq.com
Web site: http://www.embarq.com/ http://embarq.com/security
Perot Systems Acquires Original Solutions
PLANO, Texas, May 12 /PRNewswire/ --
- Ireland-based acquisition adds to Perot Systems' global
applications delivery capabilities
Perot Systems Corporation (NYSE: PER) announced today that it has
acquired Original Solutions Limited (Original Solutions), a professional IT
services firm providing applications development and management services to
clients in Ireland and the United Kingdom. Financial details of the
acquisition were not disclosed.
Original Solutions' competencies include web applications and client
server development, enterprise integration and legacy systems re-engineering,
as well as significant expertise in IT Service Management and IT
Infrastructure Library process management. Based in Limerick and Dublin,
Ireland, Original Solutions employs approximately 90 people and reported
revenues of euro 9 million in 2007.
"We are pleased to welcome Original Solutions to the Perot Systems global
team," said Peter Altabef, president and CEO of Perot Systems Corporation.
"With its technology expertise and commitment to operational excellence,
Original Solutions will enhance our expanding worldwide IT services
capabilities."
"We are proud to be joining Perot Systems," said John Collins, Chief
Executive Officer of Original Solutions. "The scale and reach of Perot
Systems will enable us to better serve our existing clients and provide new
opportunities for our team members. We look forward to becoming a part of
Perot Systems' global operations."
"Original Solutions strengthens our portfolio of services and
capabilities in the Irish and EMEA markets," said Stephen Walsh, client
executive for Perot Systems in Ireland.
Original Solutions' clients include Allied Irish Bank, Bank of Ireland,
Eircom, and O2. John Collins, the original founder, will remain as head of
the company and will facilitate further expansion.
About Original Solutions
Original Solutions provides business and technology services and cost
effective applications management. With an office in Dublin and a near-shore
solution center in Limerick, Original Solutions helps companies to harness
and optimize IT Effectiveness. Original Solutions' associates work closely
with clients to bring significant improvements in quality, customer service
and operational performance, delivering advantage across the enterprise. The
company possesses outstanding methodologies and technical skills and employs
approximately 90 people in Ireland.
About Perot Systems
Perot Systems is a worldwide provider of information technology services
and business solutions. Through its flexible and collaborative approach,
Perot Systems integrates expertise from across the company to deliver custom
solutions that enable clients to accelerate growth, streamline operations,
and create new levels of customer value. Headquartered in Plano, Texas, Perot
Systems reported 2007 revenue of US$2.6 billion. The company has more than
23,000 associates located in North America, Europe, MENA and Asia. Additional
information on Perot Systems is available at http://www.perotsystems.com/.
This press release contains forward-looking statements that are subject
to known and unknown risks and uncertainties that could cause actual results
to differ materially from those expressed or implied by such statements. For
factors that could affect our business and cause actual results to differ
materially, please refer to our Annual Report on Form 10-K for the fiscal
year ended December 31, 2007, as filed with the U.S. Securities and Exchange
Commission and available at http://www.sec.gov/, as updated in our Quarterly
Reports on Form 10-Q filed after such Form 10-K, for additional information
regarding risk factors. We disclaim any intention or obligation to revise any
forward-looking statements whether as a result of new information, future
developments, or otherwise.
Media Contacts:
Perot Systems Corporation
US - Global
Joe McNamara
+1-972-577-6165
joe.mcnamara@ps.net
UK
Charlie Richards
+44-20-7892-1071
Charlie.richards@ps.net
Ireland
Mary Sweetman
+353-0-86-856-0425
mary@sweetcomms.net
Web site: http://www.perotsystems.com
Perot Systems Corporation
US - Global: Joe McNamara, +1-972-577-6165, or joe.mcnamara@ps.net, or UK, Charlie Richards, +44-20-7892-1071, or Charlie.richards@ps.net, or Ireland, Mary Sweetman, +353-0-86-856-0425, or mary@sweetcomms.net, all of Perot Systems Corporation
The Wexford Group International, a CACI Company, Awarded Prime Position on $453 Million, Multiple-Award Contract to Support Joint Improvised Explosive Device Defeat OrganizationCACI Acquired Wexford in June 2007 to Expand Capabilities in Integrated Security and Intelligence Solutions
ARLINGTON, Va., May 12 /PRNewswire-FirstCall/ -- The Wexford Group International, a wholly owned company of CACI International Inc , announced today that the company has been awarded a five-year prime contract to continue its support for the Joint Improvised Explosive Device Defeat Organization (JIEDDO). This is one of four awards for this indefinite delivery/indefinite quantity contract, which has a ceiling value of approximately $453 million. The contract expands the company's existing business with JIEDDO and positions CACI as one of the premier counter-IED companies in the world. The award strengthens CACI's functional core competency in integrated security and intelligence solutions and leverages the strengths of the Wexford acquisition as a centerpiece of that core competency.
JIEDDO leads all Department of Defense organizations in countering improvised explosive devices (IEDs), via a three-pronged strategy for defeating IEDs: attack the network, defeat the device, and train the force. JIEDDO integrates its efforts with all the Armed Services, the Intelligence Community, interagency organizations, and public and private partners.
CACI currently provides JIEDDO with consulting, training, and related services in direct support of both decision-makers and warfighters in the field. The company's ability to deliver expert training, assessment, and analysis helps assure mission goals are met successfully, effectively, and on time. The company has been working with JIEDDO and its predecessors since November 2003.
Bill Fairl, CACI President of U.S. Operations, said "Through our acquisition of the Wexford Group and its unique history of support for the Joint Improvised Explosive Device Defeat Organization, we have a deep understanding of JIEDDO's critical mission. This enables us to provide proven services that help JIEDDO evaluate, develop, test, and deliver the solutions our warfighters need to defeat IEDs and neutralize IED networks."
According to Paul Cofoni, CACI President and Chief Executive Officer, "We are extremely proud to have the Wexford Group International on our CACI team, providing unmatched expertise that has enabled us to expand the integrated security and intelligence solutions we offer our clients. This award is an important opportunity for CACI to increase our support for America's highest priorities and provide valuable solutions that counter terrorist threats and directly serve and protect our warfighters."
CACI International Inc provides the professional services and IT solutions needed to prevail in today's defense, intelligence, homeland security and federal civilian government arenas. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; information assurance, information operations, and cyber security services; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. We add value to our clients' operations, increase their skills and capabilities, and enhance their missions. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 11,800 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/.
There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the following: the accretiveness of the Dragon Development Corporation and Athena Innovative Solutions, Inc. transactions to our earnings; regional and national economic conditions in the United States and the United Kingdom, including conditions that result from terrorist activities or war; changes in interest rates; currency fluctuations; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. government or other public sector projects, based on a change in spending patterns, or in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq; government contract procurement (such as bid protest, small business set asides, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; and (iv) accounting for convertible debt instruments; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the company's Securities and Exchange Commission filings.
For investor information contact:
David Dragics, Senior Vice President, Investor Relations
(866) 606-3471, ddragics@caci.com
For other information contact:
Jody Brown, Executive Vice President, Public Relations
(703) 841-7801, jbrown@caci.com
CACI International Inc
CONTACT: David Dragics, Senior Vice President, Investor Relations, +1-866-606-3471, ddragics@caci.com, or Jody Brown, Executive Vice President, Public Relations, +1-703-841-7801, jbrown@caci.com, both of CACI International Inc
Web site: http://www.caci.com/
Trintech Announces New Version of AssureNET GL for General Ledger Reconciliation, Review, and CertificationAssureNET GL 4.0 to Enhance User Experience with Operational Dashboard, Mitigate Risk, and Strengthen Internal Controls to Support Compliance
DALLAS and DUBLIN, Ireland, May 12 /PRNewswire-FirstCall/ -- Trintech Group Plc , a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced enhancements to its AssureNET GL accounting compliance application for general ledger reconciliation, review and certification.
AssureNET GL 4.0 delivers a new level of product usability. AssureNET GL 4.0 enhancements include the addition of an operational dashboard with comprehensive drill down capabilities, design modifications that enhance the user experience, context-based help files, support for SQL 2005, and enhanced integration with other Trintech products. AssureNET GL 4.0 demonstrates Trintech's commitment to providing functionally rich, flexible, user-friendly solutions that are critical to gaining end-user adoption.
AssureNET GL is used by some of the world's most well known companies, including Accenture, ConAgra, Rohm and Haas, Brady Corporation, JohnsonDiversey, and AMC Theatres to streamline business workflow while enforcing an internal control structure. AssureNET GL can reduce the cost and effort involved in compliance administration, reduce audit fees, and help companies proactively identify current and potential compliance issues.
"Customers demand improved insight into transaction processes, easier access to data, and more timely results," said John Harte, EVP and General Manager for Trintech. "With the release of AssureNET GL 4.0, we provide an even easier to use, secure, account reconciliation solution that drives operational efficiency on a single platform."
About Trintech Group
Trintech Group Plc is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech's recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.
Over 600 leading global organizations realize the benefits of Trintech's configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer's Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.
Trintech's technology enables our customers to ensure their internal financial processes are optimized, improve performance through stronger management of revenue and cost cycles, ensure the accuracy and integrity of financial data, improve the quality and efficiency of the financial close process, as well as reduce the risk of material weaknesses and restatements.
For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at http://www.trintech.com/ or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.
Trintech - 15851 Dallas Parkway, Suite 900 - Addison, TX 75001 -
Tel 1 972 701 9802
Trintech UK Ltd. - Warnford Court, 29 Throgmorton St. - London EC2N2AT, UK
- Tel +44 (0) 20 7628 5235
Trintech Technologies - Block C, Central Park - Leopardstown, Dublin 18,
Ireland - Tel +353 1 293 9840
Trintech - Cypresbaan 9 - 2908 LT Capelle a/d Ijssel, The Netherlands -
Tel +31 (0) 10 8507 474
Trintech Press Contact:
Dallas: Donna Martinez, Marketing Communications Manager, Trintech
Tel. +1 972 739 1611. email:donna.martinez@trintech.com
Available Topic Expert(s): For information on the listed expert(s), click appropriate link. George Santillan http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=71376 Heather Lynds http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=70453
Trintech Group Plc
CONTACT: Dallas, Donna Martinez, Marketing Communications Manager of Trintech, +1-972-739-1611, donna.martinez@trintech.com
Web site: http://www.trintech.com/
ESS Technology Reports First Quarter 2008 Results
FREMONT, Calif., May 12 /PRNewswire-FirstCall/ -- ESS Technology today reported net revenues for the first quarter of 2008 of $14.4 million compared to $17.8 million for the same period last year and compared to $15.7 million in the fourth quarter of 2007. GAAP net loss for the first quarter of 2008 was $2.8 million, or ($0.08) per diluted share, compared to the first quarter of 2007 GAAP net income of $4.6 million, or $0.13 per diluted share. For the fourth quarter of 2007, GAAP net loss was $0.7 million, or ($0.02) per diluted share. Included in results for the first quarter of 2007 was an $8.5 million gain on the sale of Blu-ray technology and tangible assets, and a $0.9 million impairment of property, plant and equipment associated with the Digital Imaging business
Non-GAAP net loss for the first quarter of 2008 was $2.2 million, or $(0.06) per diluted share, compared to the first quarter of 2007 non-GAAP net loss of $1.6 million, or $(0.04) per diluted share. For the fourth quarter of 2007, non-GAAP net income was $24,000, or $0.00 per diluted share. Non-GAAP net income/loss excludes write-down of investment, stock option expenses under SFAS No. 123(R), impairment of property, plant and equipment, gain on sale of Blu-ray technology and tangible assets, interest expense accrued on uncertain tax balances under FIN No. 48, and their related tax effects.
Robert Blair, president and CEO of ESS Technology commented, "Our revenue was at the upper end of our prior guidance and our gross margin also exceeded our prior guidance. However, our operating expenses were higher than anticipated, primarily due to approximately $1.6 million of transaction expenses related to the previously announced agreement to sell ESS Technology to Imperium Master Fund, Ltd. As a result, Non-GAAP net loss per diluted share was below our prior guidance by $0.02."
Mr. Blair continued, "We continue to work to finalize with the Securities Exchange Commission (SEC) our Registration Statement on Form S-4 relating to shareholder approval of our proposed sale to Imperium. The Registration Statement includes a proxy statement of ESS Technology and a prospectus and proxy statement of our subsidiary Echo Technology (Delaware), Inc. The Registration Statement has not been declared effective by the SEC. We anticipate setting a date for our shareholders' meeting shortly."
About ESS Technology
ESS Technology, Inc. designs and markets high-performance digital video and audio processors for the consumer market.
ESS, headquartered in Fremont, California, has R&D, sales, and technical support offices worldwide. ESS Technology's common stock is traded on the Nasdaq Global Market under the symbol "ESST". ESS Technology's web site address is: http://www.esstech.com/.
(ATTACHMENTS: Condensed Consolidated Summary Financial Statements)
The matters discussed in this news release include certain forward-looking statements that involve risks and uncertainties, including, but not limited to, the possible deterioration of revenues associated with our restructuring efforts, the possible sale or close of additional assets or businesses and the impact of such transactions, the impact of competitive products and pricing, the possible reduction of consumer spending occasioned by general economic conditions, continued growth in demand for consumer electronics products, the timely availability and acceptance of ESS' products, the uncertainty associated with the conditions to closing of our merger transaction with Imperium Partners, and the other risks detailed from time to time in the SEC reports of ESS, including the reports on Form 10-K, Form 10-Q and Form 8-K (if any) which we incorporate by reference. Examples of forward-looking statements include statements regarding ESS' future financial results, specifically statements regarding improvement in the coming quarters of the Company's gross margins and profitability due to any new products, operating results, business strategies, projected costs, projected gross margins, projected profitability, products, competitive positions, management's plans and objectives for future operations, and industry trends. These forward- looking statements are based on management's estimates, projections and assumptions as of the date hereof and include the assumptions that underlie such statements. Forward-looking statements may contain words such as "will", "expect", "anticipate", "believe", "continue", "plan", "should", other comparable terminology or the negative of these terms. Actual results could differ materially from those projected in the forward-looking statements. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
ESS TECHNOLOGY, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(unaudited)
(in thousands)
March 31, December 31,
2008 2007
ASSETS
Current Assets:
Cash and cash equivalents $41,089 $43,110
Short-term investments 8,047 6,837
Accounts and other receivables, net 8,104 5,885
Inventory 6,833 7,210
Prepaid expenses and other assets 899 823
Total current assets 64,972 63,865
Property, plant and equipment, net 12,015 12,609
Non-current deferred tax asset 5,874 5,874
Investment and other assets 7,992 9,025
Total assets $90,853 $91,373
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
Accounts payable and accrued expenses $10,592 $7,928
Income taxes payable 53 19
Total current liabilities 10,645 7,947
Non-current income tax liabilities 36,167 35,661
Total liabilities 46,812 43,608
Shareholders' Equity:
Common stock 176,529 176,459
Accumulated other comprehensive income (loss) (151) 845
Accumulated deficit (132,337) (129,539)
Total shareholders' equity 44,041 47,765
Total liabilities and shareholders' equity $90,853 $91,373
ESS TECHNOLOGY, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited)
(in thousands, except per share data)
Three months ended
March 31, March 31,
2008 2007
Net revenues $14,371 $17,772
Cost of revenues 9,143 10,400
Gross profit 5,228 7,372
Operating expenses:
Research and development 3,023 4,591
Selling, general and administrative 4,941 4,940
Impairment of property, plant and equipment - 859
Gain on sale of technology and tangible assets - (8,481)
Operating income (loss) (2,736) 5,463
Non-operating income (loss), net 477 (86)
Net income (loss) before income taxes (2,259) 5,377
Provision for income taxes 539 774
Net income (loss) $(2,798) $4,603
Net income (loss) per share - basic and diluted $(0.08) $0.13
Shares used in per share calculation
- basic and diluted 35,545 35,508
Non-GAAP Measures
To supplement the consolidated financial statements presented in accordance with U.S. generally accepted accounting principles (GAAP). We use non-GAAP measures of net income and income per share, which are adjusted from results based on GAAP to exclude certain expenses. These non-GAAP financial measures are provided to enhance the user's overall understanding of our current financial performance and prospects for the future. These non-GAAP financial measures reflect an additional way of viewing aspects of our operations that, when viewed with our GAAP results and the accompanying reconciliations to corresponding GAAP financial measures, provide a more complete understanding of factors and trends affecting our business.
Non-GAAP Net Income
Non-GAAP net income excludes write-down of investment, stock option expenses under SFAS No. 123(R), impairment of property, plant and equipment, gain on sale of our Blu-ray technology and tangible assets, interest expense accrued on uncertain tax balances under FIN No. 48, and their related tax effects. Management believes that the non-GAAP net income measure is useful information to investors because it provides our investors with a means to conduct a meaningful, consistent comparison to our prior periods' results and to our investors' expectations for GAAP net income (loss). Given the significant effect of the non-GAAP adjustments, we believe that non-GAAP net income is a useful means to demonstrate the sustainability of our performance in a manner not affected by unusual events and charges required by GAAP accounting. We use non-GAAP net income to conduct and evaluate our business. It is the primary means for us to assess on-going operating performance and to set future operating performance expectations. The economic substance behind our decision to use non-GAAP net income is that the adjustments to net income (loss), which did not reflect the on-going sustainability of performance, had the effect of reducing net income (loss) by approximately $0.6 million and $6.2 million for the three months ended March 31, 2008 and 2007, respectively. Despite the importance of this measure to management in goal-setting and performance measurement, we stress that non-GAAP net income is a non-GAAP financial measure that has no standardized meaning defined by GAAP and, therefore, has limits in its usefulness to investors. Because of its non- standardized definitions, non-GAAP net income (unlike GAAP net income) may not be comparable with the calculation of similar measures of other companies. Non-GAAP net income is presented solely to enable investors to more fully understand how management assesses the performance of our company. We compensate for these limitations by providing full disclosure of the net earnings (loss) on a basis prepared in conformance with GAAP to enable investors to consider net earnings (loss) determined under GAAP as well as on an adjusted basis, and perform their own analysis, as appropriate.
Non-GAAP Net Income Per Share
Non-GAAP net income per share excludes write-down of investment, stock option expenses under SFAS No. 123(R), impairment of property, plant and equipment, gain on sale of our Blu-ray technology and tangible assets, interest expense accrued on uncertain tax balances under FIN No. 48, and their related tax effects. Management believes that the non-GAAP net income per share measure is useful information to investors because it provides a basis for investors to compare the performance of our operations to prior periods' results and to their expectations for performance. It also provides a useful means for investors to evaluate the profitability and sustainability of ongoing operations. Given the market's focus on earnings (loss) per share and adjusted earnings (loss) per share measures, by providing adjusted earnings (loss) per share measurement and showing the components thereof, we seek to eliminate confusion in the marketplace and to provide a consistent means for evaluation of performance. We use non-GAAP net income per share to conduct and evaluate our business by comparing the measure to prior periods using a consistent method of calculation. We view non-GAAP net income per share as a primary indicator of the profitability and sustainability of the underlying business, and we use the measure to compare performance to the objectives identified for the business during our budget process. A material limitation associated with the use of this measure as compared to the GAAP measure of net loss per share is that it is a non-GAAP measure which is adjusted for the after tax effect of write-down of investments, stock option expenses under SFAS No. 123(R), impairment of property, plant and equipment, gain on sale of our Blu-ray technology and tangible assets and interest expense included in our provision (benefit) for income taxes, and, as such, has no standardized measurement prescribed by GAAP and accordingly has limits in its usefulness to investors. Non-GAAP net income (loss) per share may not be comparable with the calculation of non-GAAP income (loss) per share for other companies. We compensate for these limitations when using non-GAAP net income (loss) per share by providing full disclosure of the earnings (loss) per share measurement on GAAP basis in the financial statements and related commentary in our quarterly release which investors can use to appropriately consider earnings (loss) per share determined under GAAP as well as on an adjusted basis.
ESS TECHNOLOGY, INC.
RECONCILIATION OF GAAP NET INCOME (LOSS) TO NON-GAAP NET INCOME (LOSS)
(unaudited)
(in thousands)
Three months ended
March 31, March 31, December 31,
2008 2007 2007
Net income (loss) - GAAP basis $(2,798) $4,603 $(723)
Reconciling items:
Write-down of investment - 500 -
Stock-based compensation:
Cost of revenues 5 7 8
Research and development 26 125 78
Selling, general and administrative
expense 38 198 66
Impairment of property, plant and
equipment - 859 -
Gain on sale of technology and
tangible assets - (8,481) -
Interest on tax payable 506 534 595
Tax effects - 74 -
Net income (loss) - Non-GAAP $(2,223) $(1,581) $24
ESS TECHNOLOGY, INC.
RECONCILIATION OF GAAP NET INCOME (LOSS) PER SHARE TO NON-GAAP NET INCOME
(LOSS) PER SHARE
(unaudited)
(in dollars)
Three months ended
March 31, March 31, December 31,
2008 2007 2007
Basic and Diluted:
GAAP basic and diluted net income
(loss) per share $(0.08) $0.13 $(0.02)
Reconciling items:
Write-down of investment - 0.01 -
Stock-based compensation: -
Cost of revenues - - -
Research and development - 0.01 -
Selling, general and administrative
expense - 0.01 -
Impairment of property, plant and
equipment - 0.02 -
Gain on sale of technology and
tangible assets - (0.24) -
Interest on tax payable 0.02 0.02 0.02
Tax effects - - -
Non-GAAP basic and diluted net income
(loss) per share $(0.06) $(0.04) $0.00
ESS Technology, Inc.
CONTACT: Investor Relations of ESS Technology, Inc., +1-510-492-1161; or Rebecca Mack of Bergman Mack & Associates, +1-949-981-4496, rebecca@bergmanmack.com, for ESS Technology, Inc.
Web site: http://www.esstech.com/
Atheros Receives Prestigious Emerging Growth Company AwardLeading Supplier of Semiconductor Communications Solutions Recognized for Consecutive Revenue Growth over the Last 12 Quarters
SANTA CLARA, Calif., May 12 /PRNewswire-FirstCall/ -- Atheros Communications, Inc. , a leading developer of advanced semiconductor system solutions for wireless and wired communications, has been named the winner of the 2008 Emerging Growth Company Award by the Silicon Valley Chapter of the Association for Corporate Growth (ACG). The Emerging Growth Company Award recognizes a company with distinctive strategic positioning, dynamic CEO leadership, superior growth and future potential. Past winners include Yahoo! Inc., Cisco, McAfee Associates, Linear Technology and Adaptec. Atheros was presented the Emerging Growth Company Award at the ACG Silicon Valley Chapter 2008 Awards Dinner on May 6.
"Atheros is honored to be named the recipient of this prestigious industry award," said Craig Barratt, president and chief executive officer of Atheros. "Over the last three years, we have expanded our offerings beyond our initial focus on WLAN technology, to now include Bluetooth, GPS, Ethernet and PAS. This strategy to deliver complete communications solutions to our world-class customers is beginning to take root. We appreciate the ACG's acknowledgement of our success, strategy and growth potential."
ACG Silicon Valley President, 2008-2010, John Stringer said, "We congratulate Atheros Communications on its impressive track record of growth. The company embodies the entrepreneurial spirit and opportunity here in Silicon Valley. We expect with its exemplary management and Atheros' continued pursuit of innovation that the company's prospects will continue to shine bright in the years ahead."
About ACG
Founded in 1954, The Association for Corporate Growth (http://www.acg.org/) is the premiere global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions. Leaders in corporations, private equity, finance, and professional service firms focused on building value in their organizations belong to ACG. They recognize the multiple benefits of networking within an influential community of executives growing public and private companies worldwide. For more than 50 years, ACG members have focused on strategic activities that increase revenues, profits and ultimately, shareholder value. Today ACG includes nearly 14,000 members representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 53 chapters in North America and Europe.
About Atheros Communications, Inc.
Atheros Communications is a leading developer of semiconductor system solutions for wireless and wired communications products. Atheros combines its wireless and networking systems expertise with high-performance radio frequency (RF), mixed signal and digital semiconductor design skills to provide highly integrated chipsets that are manufactured on low-cost, standard complementary metal-oxide semiconductor (CMOS) processes. Atheros technology is used by a broad base of leading customers, including personal computer, networking equipment and consumer device manufacturers. For more information, please visit http://www.atheros.com/ or send email to info@atheros.com.
Atheros and the Atheros logo are trademarks of Atheros Communications, Inc. All other trademarks mentioned in this document are the sole property of their respective owners.
NOTE ON FORWARD-LOOKING STATEMENTS:
Except for the historical information contained herein, the matters set forth in this press release, including the anticipated growth of the market for Atheros products, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including, but not limited to, difficulties in the development of new and enhanced products, general economic conditions, the effects of any changes in government regulations that may occur, and the risks detailed in Atheros' Annual Report on Form 10-K for the year ended December 2007 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, as filed with the Securities and Exchange Commission, and in other reports filed with the SEC by Atheros from time to time. These forward-looking statements speak only as of the date hereof. Atheros disclaims any obligation to update these forward-looking statements.
Atheros Communications, Inc.
CONTACT: Editorial Contacts, Dakota Lee of Atheros Communications, +1-408-720-5597, dakota@atheros.com; Greg Wood of A&R Edelman for Atheros, +1-650-762-2838, gwood@ar-edelman.com; or IR Contact, Deborah Stapleton of Stapleton Communications, +1-650-470-0200, deb@stapleton.com
Web site: http://www.atheros.com/
SunPower Announces World-Record Solar Cell EfficiencyFull-Scale Prototype Produced at 23.4 Percent
SAN JOSE, Calif., May 12 /PRNewswire-FirstCall/ -- SunPower Corporation a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, announced today that it has produced a full-scale, five inch prototype solar cell with an efficiency of 23.4 percent. This is a world-record for a large area solar cell. SunPower has reported improvements of its cell efficiency in the laboratory and in mass production since its first all-back contact solar cell prototype in 2003.
"This is a step function increase from our 22 percent efficient Gen 2 technology, which has been in mass production since last year," said Tom Werner, CEO of SunPower Corp. "Credit for this achievement goes to our world- class research and development team led by Dick Swanson and Bill Mulligan, as well as to our talented engineering group."
"We are pleased to have demonstrated early success with our Gen 3 technology," said Bill Mulligan, vice president of technology and development at SunPower Corporation. "This record efficiency solar cell, which is expected to be commercially available in approximately two years, extends SunPower's leadership position and is a key component of our plan to reduce system cost by 50 percent by the year 2012."
About SunPower
SunPower Corporation designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com/. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. .
Forward Looking Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that do not represent historical facts. The company uses words and phrases such as "expected," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the company's plans and expectations regarding the commercial availability of Gen 3 solar cells and the company's ability to reduce system costs by 50 percent by the year 2012. These forward-looking statements are based on information available to the company as of the date of this release and management's current expectations, forecasts and assumptions, and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond the company's control. In particular, risks and uncertainties that could cause actual results to differ include (i) the company's ability to obtain a adequate supply of polysilicon, ingots and wafers to manufacture its products and the price it pays for such materials; (ii) business and economic conditions and growth trends in the solar power industry; (iii) the continuation of governmental and related economic incentives promoting the use of solar power; (iv) increases in the available supply of third party solar panels; (v) the continued availability of third-party financing arrangements for the company's customers; (vi) the company's ability to ramp new production lines and realize expected manufacturing efficiencies; (vii) unforeseen manufacturing equipment delays at the company's fabrication facilities and panel factories; (viii) the company's ability to utilize thinner wafers, reduce kerf loss and otherwise achieve anticipated improvements in polysilicon usage efficiency; (ix) production difficulties that could arise; (x) the success of the company's ongoing research and development efforts; (xi) the potential renegotiation of or non-performance by parties to the company's supply and customer contracts; and (xii) other risks described in the company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2008, and other filings with the Securities and Exchange Commission. These forward- looking statements should not be relied upon as representing the company's views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward- looking statements, whether as a result of new information, future events or otherwise
SunPower is a registered trademark of SunPower Corporation. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.
SunPower Corporation
CONTACT: Helen Kendrick, +1-408-240-5585, helen.kendrick@sunpowercorp.com, or Julie Blunden, +1-408-240-5577, Julie.blunden@sunpowercorp.com, both of SunPower Corporation
Web site: http://www.sunpowercorp.com/
CheapTickets.com Memorial Day Cheapometer Reveals Alternative Destinations Offering Savings Up to 60%Summer Sale Eases Price Crunch with $50-Off Three Night Vacations
CHICAGO, May 12 /PRNewswire/ -- Memorial Day marks the unofficial start to summer, and whether aiming for a holiday weekend spent shopping in the big city, hiking the mountains or lounging on the beach, travelers have ample choices. Staying on budget is top-of-mind as summer approaches, and in response, CheapTickets.com is announcing their annual Summer Sale(1) and Memorial Day Cheapometer(SM) for 2008. A pricing guide that reviews where travelers can maximize their money, the Cheapometer suggests top alternatives to some of weekend's most popular retreats, revealing savings upwards of 60 percent.
Offering $50-off qualifying flight + hotel packages of three or more nights using the promotional code SUNSALE50, CheapTickets' Summer Sale allows for savings on top destinations such as Denver, Tucson and Chicago. Travelers must book by July 6, 2008 and travel through August 31, 2008.
"In the current economic climate, travelers are acutely aware of the bottom line for their summer travel plans," said Heather Leisman, senior director of merchandising for CheapTickets. "While travelers will find good deals in many of these popular destinations, such as New York City, Los Angeles and Sedona, don't discount some of these alternative picks that have similar appeal to their popular counterparts."
Memorial Day 2008 Cheapometer:
CheapTickets focused on a range of popular travel regions -- including big cities, mountain towns, Southwest hotspots and beach retreats. CheapTickets then identified top-notch alternatives offering significant savings this Memorial Day Weekend.
CheapTickets' Top Alternatives for Memorial Day 2008
Destination Average Alternative Average Savings(2)
Daily Rate Daily Rate
Sedona, AZ $208.64 Tucson, AZ $80.17 62%
Jackson Hole, WY $164.94 Denver, CO $76.23 52%
Los Angeles, CA $148.00 Orange County, CA $83.00 45%
New York City $207.58 Chicago, IL $124.29 40%
Puerto Vallarta, Mexico $116.32 Mazatlan, Mexico $69.24 40%
Myrtle Beach, SC $154.61 Virginia Beach, VA $122.80 20%
Top Memorial Day Alternatives:
For those flexible about their destination -- but not their experience -- CheapTickets' top alternatives are a Memorial Day weekend must. Example packages (for travel May 23 - 26, 2008), utilizing CheapTickets' Summer Sale, highlight the great summer deals to be had ($50 savings have been applied).(3):
Tucson, AZ - Late May is the perfect time to explore the Southwest. Prices have dropped for the season, but travelers can still beat the peak of summer's heat. Tucson hotels are offering more than 60 percent savings compared to their Sedona counterparts, and the Tucson Pops are hosting a free Memorial Day concert as a beautiful tribute to servicemen past and present.
Fly from Seattle to Tucson and stay 3 nights at the 3-star Palo Verde Inn & Suites from $483 per person.
Denver, CO - For fresh mountain air, Memorial Day travelers should head to Denver, where prices are 52 percent less than in Jackson Hole, WY. At the 10th Annual Downtown Denver Arts Festival this Memorial Day weekend, travelers can enjoy a free peek at the works of Colorado's best artists.
Fly from Chicago to Denver and stay 3 nights at the 3-star Red Lion Denver Central from $211 per person.
Orange County, CA - Hitting the best beach retreats can also be a hit to the wallet during summer months. However, hotel costs in California's Orange County are 45 percent less than in Los Angeles. Newport Beach is hosting a Food & Wine Festival Memorial Day Weekend, and visitors can toast summer tasting a variety the world's best wines, ports and cognacs.
Fly from Chicago to Orange County and stay 3 nights at the 4-star Costa Mesa Marriott from $497 per person.
Chicago, IL - For big city splendor without a big price tag, travelers should consider Chicago over New York, where they can find a 40 percent savings on hotel stays this Memorial Day. The Chicago Memorial Day Parade is a must -- considered among the largest of its kind in the United States -- featuring marching bands, drum and bugle corps and beyond.
Fly from Minneapolis to Chicago and stay 3 nights at the 3-star Allerton Hotel from $314 per person.
Mazatlan, Mexico - Heading south of the border for Memorial Day? Mazatlan is offering 40 percent savings compared to Puerto Vallarta, which makes for a convincing argument. Explorer Jacques-Yves Cousteau declared the Sea of Cortes the "world's aquarium," and travelers can experience the region's best during a sailing eco tour around Mazatlan's islands.
Fly from Dallas to Mazatlan and stay 3 nights at the 3-star Las Flores Beach Resort from $656 per person.
Virginia Beach, VA - Families will find Virginia Beach offers a little bit of everything: beautiful beaches, countryside and discounts (20 percent hotel savings compared to Myrtle Beach, SC). Virginia Beach's Pungo Strawberry Festival, held Memorial Day Weekend, features 50 different ways to eat summer's sweet treat. Kids will delight in the pie eating competitions featuring, yes -- strawberries.
Fly from New York City to Virginia Beach and stay 3 nights at the 4-star Cavalier Hotel- On the Hill from $436 per person.
For more information on CheapTickets' Summer Sale, visit: http://www.cheaptickets.com/
Terms & Conditions:
(1) Book a qualifying flight + hotel vacation package between May 12,
2008 and July 6, 2008, for 3 nights for travel between May 12, 2008
and August 31, 2008, via CheapTickets and instantly receive $50 off
your purchase through the use of the promotion code. To display
qualifying vacation packages, click "I have a promotion code" and
enter the promotion code, then look for vacation packages marked with
the icon "COUPON." Limit one discount per hotel room and one
promotion code per purchase. Discounts are not redeemable for cash
for any reason. Any attempt at fraud will be prosecuted to the
fullest extent of the law. Void where prohibited, taxed or
restricted. CheapTickets reserves the right to change or limit the
promotion in its sole discretion.
Promo code: SUNSALE50
(2) Percentage savings were calculated on 4/30/2008 by taking the average
price for all 3-star hotel bookings in the listed city purchased on
CheapTickets.com for travel over Memorial Day Weekend 2008 (arrivals
5/22-5/24) and comparing them with the average price for all 3-star
hotel bookings in the listed alternative destination purchased on
CheapTickets.com during the same time period.
(3) Sample rates shown were accurate and available on CheapTickets.com on
5/7/2008 on the dates specified and may not represent current prices
because our real-time pricing booking engine is constantly updating
prices and availability. Vacation package prices shown are for one
adult, based on double-occupancy, include applicable taxes and fees,
and will vary by selected day of departure, departure city, length of
stay, hotel selected, hotel room category, and availability. $50
promo code savings have been applied to package costs.
About CheapTickets
CheapTickets (http://www.cheaptickets.com/) is a leading seller of discounted leisure travel products online through its Web site, http://www.cheaptickets.com/. CheapTickets provides consumers access to its collection of airfares on hundreds of airlines. In addition to air, CheapTickets' family of discounted travel products also includes hotel accommodations, cruises, rental cars, vacation packages, condo rentals and Last Minute Trips. Founded in 1986, CheapTickets is a brand that is owned and operated by Orbitz Worldwide .
CheapTickets.com
CONTACT: Patricia Nugent, +1-212-284-9935, pnugent@mg-pr.com, or Kathleen Cullinane, +1-212-980-9194, kcullinane@mg-pr.com, for CheapTickets.com
Actel Introduces IGLOO-based Portable Control SolutionsNew Daughter Cards Enable Human Machine Interface and Miniature Motor Control Functionality
MOUNTAIN VIEW, Calif., May 12 /PRNewswire-FirstCall/ -- Further expanding its offerings for the portable market based on the industry's lowest power field-programmable gate array (FPGA), Actel Corporation today announced two plug-in daughter cards developed to manage human machine interface (HMI) and miniature motor control functionality. The new HMI Daughter Card and the Motor Control Daughter Card are offered as plug-ins to Actel's popular IGLOO Icicle Kit. Combined with the company's previously announced IGLOO-based storage and display-related development boards, design examples and intellectual property (IP) cores, the company believes these new control-related solutions will increase market penetration for Actel's 5 microwatt IGLOO FPGAs in the rapidly growing portable market.
"Over the past year, we have targeted our ultra low-power IGLOO FPGAs at key functions, such as storage, display, and control, within portable designs," said Actel vice president, Yankin Tanurhan. "A platform-based design approach, our sophisticated and flexible HMI and miniature motor control solutions enable designers to shave months off of their design time and easily meet the most stringent power budgets."
Small Footprint Daughter Boards Speed Control Design with Turnkey Solutions
As keypads, light-emitting diodes (LEDs) for backlight and display, and motors have grown commonplace, portable designers have typically relied on microcontrollers, application-specific standard products (ASSPs) or complex programmable logic devices (CPLDs) to handle HMI and miniature motor control functions. However, microcontrollers and ASSPs do not provide adequate flexibility and CPLDs do not offer the levels of integration or sophistication of FPGAs.
Co-developed with partners Ishnatek, a design services company, and Avnet Memec, a division of Avnet, the new HMI and miniature motor control solutions provide a platform-based design approach, enabling designers to quickly and easily address changing requirements, implement custom algorithms, and make design changes through device reprogramming.
The HMI Daughter Card demonstrates keypad control, brightness control for white LEDs, color mixing for red, green blue (RGB) LEDs and tone generation, which is beneficial for applications like smart phones, portable gaming consoles and remote control devices. The Motor Control Daughter Card demonstrates brushless DC and stepper motor control and can support a variety of functions often found in portable medical, industrial and consumer applications, such as respirators, infusion and volumetric pumps, smart phones and security cameras.
An attractive low-power platform for portable design, the feature-rich microwatt IGLOO FPGAs can absorb additional glue logic and multiple functions -- from storage and display to control -- into a single chip, thereby reducing bill of materials, board area, power consumption and cost. And, with IGLOO's power-saving Flash*Freeze function, one of several power modes the IGLOO family offers to optimize power consumption, designers can tap the lowest power solution for HMI and miniature motor control applications-up to 1700 times lower than competing programmable solutions.
According to Marc Gsand, vice president, technical marketing at Avnet Electronics, who will sell the new boards, "Avnet Memec's customers value solutions which enable them to get to market faster. These daughter cards, which leverage Actel's award-winning IGLOO FPGAs, provide a complete reference for power-sensitive and portable applications, going beyond just a piece of silicon. Customers further benefit from the knowledge that the complimentary devices on the daughter cards, which are available from the Avnet Memec line card, have been proven to work together."
About the IGLOO Icicle Kit
Leveraging the company's microwatt IGLOO FPGA, the Icicle Kit showcases the ultra low-power attributes, flexible implementation options and battery-saving advantages of IGLOO FPGAs for portable applications. The $99 kit allows designers to easily and rapidly program, evaluate and modify their low-power IGLOO-based portable designs. Powered by a rechargeable lithium-ion battery, the 1.4" x 3.6" Icicle evaluation board consumes less than one- seventh the power of competitive FPGA development solutions in a design the size of a small cell phone.
Pricing and Availability
Available now, customers can purchase the $99 Icicle Kit from Actel. The HMI and motor control daughter cards can be purchased from Avnet's Design Resource Center at http://em.avnet.com/acteligloohmicard and http://em.avnet.com/acteligloomotorcard, respectively. Pricing for the daughter cards is $139 and $229 for the HMI and motor control solutions, respectively. The RTL design files, packaged as design examples, will also be available for free download from Actel's website.
About Actel
Attacking power consumption from both the chip and the system levels, Actel Corporation's innovative FPGAs and programmable system chip solutions enable power-efficient design. The company is traded on the NASDAQ National Market under the symbol ACTL and is headquartered at 2061 Stierlin Court, Mountain View, Calif., 94043-4655. For more information about Actel, visit http://www.actel.com/.
The Actel name, logo and Actel IGLOO are trademarks of Actel Corporation. All other trademarks and service marks are the property of their respective owners.
Actel Corporation
CONTACT: Stephanie Mrus of Actel Corporation, +1-650-318-4614, stephanie.mrus@actel.com; or Diane Orr of Orr & Company, +1-408-358-1617, diane@orr-co.com, for Actel Corporation
Web site: http://www.actel.com/
Salesforce.com Announces Timing of Its First Quarter and Fiscal 2009 Financial Results Conference CallResults to be released on May 21, 2008, after the market close
SAN FRANCISCO, May 12 /PRNewswire-FirstCall/ -- Salesforce.com , the market and technology leader in Software-as-a-Service and Platform-as-a-Service, today announced that its first quarter and fiscal 2009 results will be released on Wednesday, May 21, 2008, after the close of the market. The company will host a conference call at 2:00 PM (PT) / 5:00 PM (ET) to discuss the financial results with the investment community. A live web broadcast of the event will be available on the salesforce.com Investor Relations website at http://www.salesforce.com/investor. A live dial-in is available domestically at 866-901-SFDC or 866-901-7332 and internationally at 706-902-1764. A replay will be available at (800) 642-1687 or (706) 645-9291, passcode 46678383, until midnight (ET) June 13, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO)
About salesforce.com
Salesforce.com is the market and technology leader in Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS). The company's portfolio of SaaS applications, including its award-winning CRM, available at http://www.salesforce.com/products/, has revolutionized the ways that customers manage and share business information over the Internet. The company's Force.com PaaS enables customers, developers and partners to build powerful on-demand applications that deliver the benefits of multi-tenancy across the enterprise. Applications built on the Force.com platform, available at http://www.force.com/, can be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace available at http://www.salesforce.com/appexchange/.
As of January 31, 2008, salesforce.com manages customer information for approximately 41,000 customers including ABN AMRO, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM".
For more information please visit http://www.salesforce.com/, or call 1-800-NO-SOFTWARE.
Copyright (c) 2008 salesforce.com, inc. All rights reserved. Salesforce and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
salesforce.com
CONTACT: investor relations, David Havlek, +1-415-536-2171, dhavlek@salesforce.com, or public relations, Jane Hynes, +1-415-901-5079, jhynes@salesforce.com, both of salesforce.com
Web site: http://www.salesforce.com/
CB&S Bank Improves Customer Service and Makes Employees More Productive With ShoreTel's Unified Communications SolutionEasy-to-manage distributed unified communications solution helps bank with 40 offices create a centralized call center, while lowering communications costs and creating a more collaborative work environment
SUNNYVALE, Calif., May 12 /PRNewswire-FirstCall/ -- ShoreTel(R), Inc. , a leading provider of Pure IP Unified Communications (UC) solutions, today revealed details of a successful deployment of a ShoreTel distributed unified communications solution at Alabama's CB&S Bank. The ShoreTel UC solution has helped the multi-site bank improve customer service through a centralized call center, reduce costs through least-cost routing and in-house system maintenance, and increase staff productivity through features that facilitate collaboration.
Usually touted for cost savings and enhanced functionality, unified communications solutions now provide a wider range of benefits and are the solution of choice for banks looking to ensure business continuity and improve customer service, resource management, and overall performance. Saddled with disparate and aging PBX phone systems that were difficult to manage and not scalable, CB&S Bank, with 40 locations and more than 300 employees, recognized the advantages of unified communications and explored solutions from 3Com, Altigen, Cisco and ShoreTel. Based on call center features, ease of use and management, fail-over capabilities and more, the bank chose ShoreTel.
"Not only was the ShoreTel system more cost-effective than the rest, it offered us the ease of use and intuitiveness we were hoping to find," said Jeremy Scott, IT Manager with CB&S Bank. "ShoreTel also offered more standard features than the other vendors and proved to be more reliable." With ShoreTel, the bank now has an easy-to-manage, centralized call center that routes calls made to any branch to the next available call center staff member, eliminating the need for a receptionist at each location. Added Scott, "We're presenting a unified front to our customers and prospective customers. And like everything about ShoreTel, it's easy to set up and change workgroups."
Working with ShoreTel's Tampa, Florida-based partner DataComm Networks Incorporated, CB&S Bank has deployed more than 520 ShorePhone(TM) IP telephones and 40 ShoreGear(R) voice switches, including three ShoreGear T1 voice switches for high-density trunking to support Primary Rate Interface (PRI) signaling. Additional benefits of the ShoreTel solution include:
-- Ease of use: From using the telephones to managing the entire system,
ShoreTel's ease of use is unmatched in the industry. ShoreTel allows
CB&S Bank administrators to perform moves, adds and changes in seconds
instead of waiting two or three days for a service call. Even bringing
on a new branch or location can be done within hours.
-- Integration: Tightly integrated with Microsoft Outlook(R), the ShoreTel
distributed unified communications solution offers features that create
a more productive and collaborative workplace. Integrated messaging,
directory dialing, contact screen pops, and calendar integration make
bank employees more efficient so they can spend more time on critical
tasks. Employees can also set up and record conference calls any time
they want without paying for an expensive conference hosting company.
-- Reliability: ShoreTel met CB&S Bank's high standards of reliability.
ShoreTel's call control software is distributed to every voice switch,
eliminating any single point of failure. Should any ShoreGear voice
switch ever fail at a site, the phones automatically fail over to the
other switches at that site.
-- Cost efficiency: CB&S Bank is also saving significant time and money
through the simplified, browser-based management of the system.
Least-cost routing capabilities allow the bank to avoid toll charges.
For example, a call from the Russellville, Alabama headquarters to a
customer in Falkner, Mississippi, is routed through the company's data
lines to the Falkner branch and then out to the customer, bypassing
toll charges.
"CB&S Bank turned to ShoreTel for a reliable, easy-to-manage phone system that could also be used to create a centralized call center," said Steve Timmerman, vice president of marketing at ShoreTel. "ShoreTel delivered far more. With the product's outstanding features and ease of use, ShoreTel's unified communications solution is driving down overall communication costs, enhancing customer service, and helping employees be more productive and collaborate more effectively with their colleagues."
About ShoreTel, Inc.
ShoreTel, Inc., is a leading provider of Pure IP Unified Communications solutions. ShoreTel enables companies of any size to seamlessly integrate all communications-voice, video, messaging and data -with their business processes. Independent of device or location, ShoreTel's distributed software architecture eliminates the traditional costs, complexity and reliability issues typically associated with other solutions. ShoreTel continues to deliver the highest levels of customer satisfaction, ease of use and manageability while driving down the overall total cost of ownership. ShoreTel is headquartered in Sunnyvale, California, and has regional offices in the United Kingdom, Sydney, Australia and Munich, Germany. For more information, visit http://www.shoretel.com/ or call 1-877-80SHORE.
Press Contacts:
Kim Rose
ShoreTel, Inc.
408-331-3357
krose@shoretel.com
ShoreTel, Inc.
CONTACT: Kim Rose of ShoreTel, Inc., +1-408-331-3357, krose@shoretel.com
Web site: http://www.shoretel.com/
National Semiconductor Introduces Industry's Lowest Jitter SerDes ChipsetHighly Integrated Chipset Simplifies Data Serialization at Transmission Rates up to 3.125 Gbps
SANTA CLARA, Calif., May 12 /PRNewswire-FirstCall/ -- A new serializer and deserializer (SerDes) chipset from National Semiconductor Corp. delivers the industry's best output jitter performance of 35 ps peak-to-peak and the best input jitter tolerance of 0.9 units interval (UI) with a bit error rate (BER) of 10 (-15). The SerDes chipset serializes data up to 3.125 Gbps and is well-suited for industrial and medical imaging, communications infrastructure, commercial displays, and test and measurement systems.
The highly integrated chipset includes the DS32ELX0421 serializer and DS32ELX0124 deserializer. They feature advanced on-chip signal and clock conditioning circuitry that extends data transmission reach of CAT-6 (shielded 23 AWG) cable beyond 20 meters. The SerDes also support a wide variety of interconnect media, including CAT-5 cable, optical fiber, 50-Ohm or 75-Ohm coaxial cable and FR-4 backplanes.
The SerDes' unique architecture replaces the traditional wide single-ended parallel bus with a 5-bit low-voltage differential signaling (LVDS) interface. This breakthrough interface simplifies board layout by reducing the number of input/output (I/O) pins and traces between the serializer, deserializer and field-programmable gate array (FPGA). In addition, the SerDes' LVDS interface reduces electromagnetic interference (EMI), while enabling the use of low-cost FPGAs in a variety of high-speed, high-performance applications.
The SerDes' redundant I/Os and retimed active loop-through enable advanced system configurations such as failover, link aggregation and daisy chaining. Power consumption is less than 1W, and both devices include an automatic standby mode using signal detect and a configurable sleep mode for additional power savings.
"National's new family of high-speed serializers and deserializers is optimized to serve as a front-end chipset to our low-cost Spartan-3 Generation FPGA products," said Oliver Garreau, senior engineering manager in the Spartan FPGA Group at Xilinx. "This SerDes solution supports a broad array of high-speed applications with excellent analog performance, while remaining cost-effective thanks to a high level of integration."
"Low cost FPGA families have lacked the ability to support high speed serial interfaces," said Jim Beneke, vice president of global technical marketing for Avnet Electronics Marketing. "With the introduction of National Semiconductor's new serializers and deserializers, our customers now have the ability to add high speed serial interfaces that are both easy to implement and cost effective. Together National and Avnet have developed the necessary tools and reference designs to help our FPGA customers succeed in using these exciting new SerDes products."
National also offers reference IP and design guides for interfacing FPGAs to the DS32ELX0421 and DS32ELX0124. As part of its FPGA IP package, National includes a bit error rate test (BERT) engine for test pattern generation/validation and system-level functions such as link aggregation and failover.
Technical Features - DS32ELX0421 Serializer
Offered in a small 48-pin LLP(R) package, National's DS32ELX0421 serializer includes a double data-rate (DDR) 5-bit LVDS parallel data interface and a redundant serial output channel. The integrated jitter cleaning PLL accepts a wide 125 MHz to 312.5 MHz input clock for a serial data rate of 1.25 Gbps to 3.125 Gbps. The DS32ELX0421 allows programming of transmit de-emphasis levels, output voltage levels, and selection of DC-balance encoding. This programming flexibility enables the use of DS32ELX0421 in a wider range of interconnect media and applications compared to existing serializers. A remote sensing feature automatically detects and negotiates link status with the companion DS32ELX0124 deserializer. The DS32ELX0421 typically consumes 470 mW of power at 3.125 Gbps.
Technical Features - DS32ELX0124 Deserializer
Offered in a small 48-pin LLP package, National's DS32ELX0124 deserializer includes a DDR 5-bit LVDS parallel interface, redundant serial input and retimed serial output channel. The DS32ELX0124 deserializes up to 3.125 Gbps of high-speed serial data to five LVDS outputs without the need for an external reference clock. The DS32ELX0124 offers programmable receive equalization, and a minimum jitter tolerance of 0.9 UI. A remote sensing feature automatically signals link status conditions to its companion DS32ELX0421 serializer for intelligent link management. The DS32ELX0124 typically consumes 525 mW of power at 3.125 Gbps.
In addition to the DS32ELX0421 serializer and DS32ELX0124 deserializer, National also offers the DS32EL0421 serializer for applications that do not require a redundant serial output channel and the DS32EL0124 deserializer without a redundant serial input and a retimed serial output channel.
About National's Interface Portfolio
National Semiconductor, the LVDS and CML technology innovator and market leader, offers a wide range of interconnect solutions that transfer high-speed digital signals using world-class analog technology. These solutions help system designers develop high-performance applications in a variety of markets, including communication and industrial systems. The products feature high reliability, low power and low noise, as well as dramatic systems savings in cable and connector costs. National Semiconductor is the world's largest supplier of high-speed LVDS products, according to Databean's 2007 Analog IC Market Share survey. For more information on National's interface products, visit http://www.national.com/appinfo/interface/.
Pricing and Availability
Available now, the DS32ELX0421 serializer and DS32ELX0124 deserializer are priced at $18 each in 1,000-unit quantities. For more information on the DS32ELX0421 and DS32ELX0124 or to order samples and an evaluation board with FPGA IP package, visit http://www.national.com/pf/DS/DS32ELX0421.html and http://www.national.com/pf/DS/DS32ELX0124.html.
Available now, the DS32EL0421 serializer without redundant output channel and the DS32EL0124 deserializer without redundant input and retimed output channel are $14 each in 1,000-unit quantities. For more information on the DS32EL0421 and DS32EL0124 or to order samples and an evaluation board with FPGA IP package, visit http://www.national.com/pf/DS/DS32EL0421.html and http://www.national.com/pf/DS/DS32EL0124.html.
About National Semiconductor
National Semiconductor, the industry's premier analog company, creates high-value analog devices and subsystems. National's leading-edge products include power management circuits, display drivers, audio and operational amplifiers, interface products and data conversion solutions. National's key analog markets include wireless handsets, displays, communications infrastructure, medical, automotive, industrial, and test and measurement applications. Headquartered in Santa Clara, Calif., National reported sales of $1.93 billion for fiscal 2007, which ended May 27, 2007. Additional company and product information is available at http://www.national.com/.
LLP is a registered trademark of National Semiconductor Corporation.
Media Contact Reader Information
Mark Alden Design Support Group
National Semiconductor (800) 272-9959
(408) 721-6929 World Wide Web
mark.alden@nsc.com http://www.national.com/
National Semiconductor Corp.
CONTACT: Mark Alden of National Semiconductor, +1-408-721-6929, mark.alden@nsc.com; or Reader Information, Design Support Group, 1-800-272-9959
Web site: http://www.national.com/
SAIC Schedules First Quarter Fiscal Year 2009 Earnings Release and Conference Call for June 3, 2008
SAN DIEGO and MCLEAN, Va., May 12 /PRNewswire-FirstCall/ -- SAIC, Inc. will issue its first quarter fiscal year 2009 earnings press release after close of market Tuesday, June 3, 2008. Management will discuss the financial results in a conference call beginning at 5 p.m. Eastern.
Analysts and institutional investors may participate on the conference call by dialing (800) 510-9661 (U.S/Canada) or (617) 614-3452 (International/Local) and entering passcode 37633811. The conference call will be webcast simultaneously to the public through a link on the Investor Relations section of the SAIC Web site (http://investors.saic.com/).
A replay of the conference call will be available by telephone approximately one hour after conclusion of the call through June 17, 2008 by dialing (888) 286-8010 (U.S./Canada) or (617) 801-6888 (International/Local) and entering passcode 37633811. In addition, a replay of the webcast will be available on the SAIC web site approximately two hours after the conclusion of the conference call.
About SAIC
SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit http://www.saic.com/. SAIC: From Science To Solutions(R)
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2008, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
Contact:
Media Relations Investor Relations
Laura Luke Stuart Davis
703-676-6533 703-676-2283
laura.luke@saic.com stuart.davis@saic.com
SAIC
CONTACT: Media Relations: Laura Luke, +1-703-676-6533, laura.luke@saic.com, or Investor Relations: Stuart Davis, +1-703-676-2283, stuart.davis@saic.com, both of SAIC
Web site: http://www.saic.com/
Diguang International Announces May 16 Conference Call and Webcast to Discuss 2008 First Quarter Financial Results
SHENZHEN, China, May 12 /Xinhua-PRNewswire-FirstCall/ -- Diguang International Development Co., Ltd. (BULLETIN BOARD: DGNG) (''Diguang''), an emerging, China-based leader in the manufacture of CCFL and LED backlights for the LCD display industry, today announced a conference call and webcast to discuss financial results of its 2008 first quarter, ended March 31, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )
The conference call and webcast will take place at 9:00 a.m. Eastern U.S. time on Friday, May 16, 2008. Anyone interested in participating should call 866-543-6407 if calling from within the United States, or 617-213-8898 if calling internationally; the passcode is 58147526.
There will be a replay available until May 23, 2008. To listen to the playback, please call 888-286-8010 if calling within the United States, or 617-801-6888 if calling internationally. Please use passcode 65419320 for the replay.
The event will also be webcast live and a webcast archive will be available for 90 days. The webcast will be available on the Company's website at http://www.diguangintl.com/ and at: http://phx.corporate-ir.net/playerlink.zhtml?c=137803&s=wm&e=1844170 and is being distributed through the Thomson StreetEvents Network. Also, individual investors can listen to the call at http://www.earnings.com/ , Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents ( http://www.streetevents.com/ ), a password-protected event management site.
About Diguang International Development Co., Ltd.
Diguang, through its subsidiaries, specializes in the research, development, production, sale and distribution of backlights and backlight technologies. A backlight is the typical light source of a liquid crystal display (LCD). The Company is focused on providing LED and CCFL backlights for international producers of televisions, monitors, cellular phones, digital cameras, DVDs and other home appliances. Diguang currently develops an average of approximately 50 new products per month. Diguang is a Nevada corporation with its manufacturing subsidiary located in Shenzhen, PRC, and its sales and marketing subsidiary located in the British Virgin Islands.
For more information, please contact:
Company Contact:
Steven Tsung, Investor Relations
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Email: hunhun505@gmail.com
Investor Relations Contact:
Sean Collins, Senior Partner
CCG Elite
Tel: +1-310-477-9800 x202
Web: http://www.ccgelite.com/
Photo: Newscom: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840
Diguang International Development Co., Ltd.
CONTACT: Company Contact: Steven Tsung, Investor Relations of Diguang International Development Co., Ltd., +1-626-593-5486, or hunhun505@gmail.com; or Investor Relations Contact: Sean Collins, Senior Partner of CCG Elite, +1- 310-477-9800 x202, or Web site: http://www.ccgelite.com/
Web site: http://www.diguang.com/ http://www.earnings.com/ http://www.streetevents.com/
QSGI to Host First Quarter 2008 Conference Call on May 16, 2008
HIGHTSTOWN, N.J., May 12 /PRNewswire-FirstCall/ -- QSGI, Inc. (BULLETIN BOARD: QSGI) , the only provider of a full suite of information technology services to help corporations better manage hardware assets, maintenance expenses, and ensure best practices for data security and regulatory compliance, today announced that it will release financial results for the first quarter ended March 31, 2008 before the markets open on Friday May 16, 2008.
QSGI will also host a conference call at 10:00 a.m. Eastern Time on Friday, May 16, 2008. During the call, Marc Sherman, chairman and chief executive officer, Seth Grossman, president and chief operating officer, and Ed Cummings, chief financial officer, will discuss the Company's quarterly performance and financial results.
The telephone number for the conference call is 1-866-334-4934. A live webcast of the call will also be available on the company's website, http://www.qsgi.com/. To listen to the live call online, please visit the site at least 10 minutes early to register, download and install any necessary audio software.
The webcast will be archived on the site, and investors will be able to access an encore recording of the conference call for one week by calling 1- 866-245-6755, ID #320082. The encore recording will be available two hours after the conference call has concluded.
About QSGI
QSGI provides a full suite of information technology services to help corporations and governmental agencies better manage hardware assets, reduce maintenance expenses, build best practices for data security and assure regulatory compliance. With a focus on the entire range of IT platforms - from the mainframe to the PC, the services offered by QSGI are specifically designed to reduce total cost of ownership for IT assets and maximize the clients' return on their IT investment.
For enterprise class hardware in the data center, QSGI offers hardware maintenance services, hardware environment planning and consultation, refurbished whole systems, parts, features, upgrades and add-ons. Additionally, for desktop IT assets, servers and SAN products, QSGI offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment with worldwide remarketing or proper IT asset recycling. Given the sensitive nature of the company's client relationships, it does not provide the names of its clients. Additional information about the company is available at http://www.qsgi.com/.
QSGI, Inc.
CONTACT: David K. Waldman or Klea K. Theoharis, Crescendo Communications, LLC, +1-212-671-1021, qsgi@crescendo-ir.com, for QSGI, Inc.
Web site: http://www.qsgi.com/
Qualcomm Demonstrates MediaFLO and International ISDB-T Mobile TV Standards on Multi-mode Handset- MediaFLO Platform Complements International ISDB-T Services to Enable Optimum Mobile TV Business Model and User Experience for Japan and Brazil -
SAN DIEGO, May 12 /PRNewswire-FirstCall/ -- Qualcomm Incorporated , a leading developer and innovator of advanced wireless technologies and data solutions, today announced that it has successfully demonstrated the capability to support the MediaFLO(TM) and International Integrated Services Digital Broadcasting-Terrestrial (International ISDB-T) mobile TV standards on a multi-mode handset. Powered by Qualcomm's Universal Broadcast Modem(TM) (UBM(TM)) chipset, the technology demonstration illustrates that MediaFLO technology can complement the free-to-air ISDB-T One-Seg standard used in Japan and the ISDB-TB standard used in Brazil to enable a mix of free and paid mobile broadcast content and services to drive consumer adoption and revenue.
The MediaFLO mobile broadcast platform enables the delivery of television content as well as value-added audio, video, data and interactive services and provides a means for broadcasters and operators to augment and monetize their existing International ISDB-T services. By employing both complementary technologies in a combined service offering, broadcasters and operators can offer free-to-air content using International ISDB-T, while providing a large number of pay TV channels and enhanced services over the MediaFLO platform to generate subscription revenue. As Qualcomm supports both mobile TV technologies on a single chip, handset OEMs can achieve economies of scale in producing multi-mode, TV-enabled phones without incurring a significant increase to their bill of material costs.
"To date, the mobile broadcast deployments in Asia have been successful in driving handset adoption, but so far have not generated a strong return on investment for the mobile TV service providers," said Neville Meijers, senior vice president and general manager of Qualcomm MediaFLO Technologies. "Demonstrating MediaFLO and International ISDB-T standards on a single, multi-mode handset illustrates a clear path for monetizing mobile TV services through a hybrid free / pay TV service offering that leverages the popularity of free TV with the revenue potential of subscription-based content and value added services."
The UBM solution delivers an unsurpassed level of integration to support the MediaFLO system, as well as DVB-H and one-segment implementations of ISDB-T. Designed as a companion to Qualcomm's CDMA2000(R) and WCDMA/UMTS Mobile Station Modem(TM) (MSM(TM)) chipsets, the UBM solution eliminates the need for additional dedicated application processors for more power-efficient devices with smaller form factors.
"As mobile TV is poised to grow exponentially, products such as Qualcomm's Universal Broadcast Modem deliver a unique advantage to device manufacturers by supporting three of the industry's leading standards in one chip," said Mike Concannon, senior vice president of product management for Qualcomm CDMA Technologies. "This milestone marks significant progress in bringing compelling mobile TV content to handsets around the world."
The MediaFLO / International ISDB-T mobile TV demonstrations can be seen at the Qualcomm booth A4 at the Tela Viva Movel conference in Sao Paulo, May 13-14 and at the Qualcomm booth C401 at the ExpoComm Japan show in Tokyo, July 22-24.
MediaFLO is a mobile broadcast platform for the delivery of high-quality entertainment and information, including streaming video and audio, Clipcasting(TM) media, IP datacasting and interactive services. FLO(TM) is an open, globally recognized air interface technology standardized by the Telecommunications Industry Association (TIA) and recommended by ITU-R for the broadcasting of multimedia and data applications. Invented for mobility, MediaFLO is designed to increase capacity and coverage, as well as reduce costs for multimedia content delivery to mobile devices. More information about MediaFLO is available at http://www.mediaflo.com/.
Qualcomm Incorporated (http://www.qualcomm.com/) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2008 FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM.
Qualcomm is a registered trademark of Qualcomm Incorporated. Clipcasting, FLO, MediaFLO, Universal Broadcast Modem and UBM are trademarks of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
Qualcomm Contacts:
Mona Klausing, Qualcomm MediaFLO Technologies
Phone: 1-858-651-4268
Email: mediaflo_pr@qualcomm.com
Emily Kilpatrick, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Gilbert, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
Qualcomm Incorporated
CONTACT: Mona Klausing, Qualcomm MediaFLO Technologies, +1-858-651-4268, mediaflo_pr@qualcomm.com, or Emily Kilpatrick, Corporate Communications, +1-858-845-5959, corpcomm@qualcomm.com, or John Gilbert, Investor Relations, +1-858-658-4813, ir@qualcomm.com, all of Qualcomm Incorporated
Web site: http://www.qualcomm.com/ http://www.mediaflo.com/
AAR SUMMA Technology Earns Recognition as a John Deere 'Partner-level Supplier'
WOOD DALE, Ill., May 12 /PRNewswire-FirstCall/ -- AAR CORP. today announced that AAR SUMMA Technology has earned recognition as a Partner-level supplier for 2008 in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company's highest supplier rating. AAR SUMMA Technology's facility in Lebanon, Kentucky was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement. Company employees accepted the recognition during a ceremony held on February 19, 2008 in Davenport, Iowa.
AAR SUMMA Technology is a supplier of axles and other critical tractor components to John Deere's operation in Greenville, Tenn.
"We strive to provide our customers with quality precision-manufactured components and consistently high levels of customer service," said Terry Stinson, group vice president of AAR's Structures and Systems Division. "The excellent performance and this prestigious recognition from such a valued customer serve as testaments to the great team we have in place at AAR SUMMA Technology."
Suppliers who participate in the Achieving Excellence program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support and wavelength, which is a measure of responsiveness. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.
AAR acquired SUMMA Technology in December 2007 as part of the Company's strategy to broaden its product offerings, diversify is customer base and expand in to new markets. AAR SUMMA Technology currently provides precision machining, fabrication, welding and engineering services in support of F-35, F-22, F-16, F-18, C-130 and Gulfstream Aircraft, the Expeditionary Fighting Vehicle (EFV) and various missile, space and commercial programs.
AAR SUMMA Technology operates as part of AAR's Structures and Systems segment, which accounts for 27 percent of the Company's sales. AAR is a leading provider of products and value-added services to the worldwide aviation and defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve airline and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems and Aircraft Sales and Leasing. More information can be found at http://www.aarcorp.com/.
AAR CORP.
CONTACT: Chris Mason, Director, Corporate Communications of AAR CORP., +1-630-227-2062, chris.mason@aarcorp.com
Web site: http://www.aarcorp.com/
Xilinx Introduces the World's Highest Performance Reconfigurable DSP SolutionNew Virtex-5 SX240T FPGA and Floating Point Operator IP Core Targets Broadcast, High-Performance Computing and Other High-Speed DSP Applications
SAN JOSE, Calif., May 12 /PRNewswire/ -- Xilinx, Inc. , the world's leading provider of programmable solutions, today announced the introduction of the Virtex(R)-5 SX240T device to its award winning 65nm Virtex-5 SXT FPGA platform optimized for high-performance digital signal processing (DSP). With up to 528GMACs of multiply-and-accumulate performance and over 190 GFLOPS of single-precision, floating-point DSP performance, the new device offers developers of broadcast video, medical imaging, wireless communication, defense, and high-performance computing applications the world's highest performing reconfigurable DSP solution.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080512/AQM019)
(Logo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO)
"Broadcast equipment manufacturers needing to support High Definition (HD) video require over 5X more processing power than Standard Definition (SD) designs," said Roger Fawcett, managing director of OmniTek, a design consultancy to the leading broadcast companies and provider of video test equipment. "The Virtex-5 SX240T helps meet the high computational demands of broadcast and digital cinema advanced video processing algorithms better than any other FPGA in the market."
The new 65nm Virtex-5 SXT240T device incorporates 1056 25bit x 18bit DSP48E slices that designers can combine to implement scalable signal processing chains using dedicated routing resources. Each DSP48E slice consumes typically 1.4mW/100MHz dynamic power enabling efficient power management without sacrificing performance. In addition, the SX240T device has over 18Mbits of block RAM to store data and coefficients, and 24 high-speed GTP serial transceivers each supporting data rates of up to 3.75Gbps. The higher DSP bandwidth combined with memory and high speed serial connectivity enables designers to use fewer devices on their printed circuit boards, thus reducing overall system costs and power consumption while meeting stringent performance requirements.
In support of the SXT240T device Xilinx has also introduced version v4.0 of its Floating-Point Operator (FPO) IP core. The new FPO IP core has been optimized to use the 25bit x 18bit DSP slices to perform a floating-point multiply operations with half the resources of previous versions. The SXT240T device and the FPO IP core combine to deliver over 190 GFLOPS of single-precision, floating-point DSP performance for high-performance computing, medical imaging and defense applications. This amount of DSP performance can be used to implement up to 63 percent more single-precision floating-point multiply operations or 125 percent single-precision floating-point add operations than competing devices.
"The SX240T device delivers the optimal balance of logic, memory, signal processing, and high speed GTP serial transceivers resources to meet the high-performance demands of leading edge DSP applications," said Steve Douglass vice president of product development at Xilinx. "The Virtex-5 family further optimizes costs and minimizes power consumption by delivering the only FPGA family with built-in PCI Express(R) Endpoint and tri-mode Ethernet MAC blocks."
XtremeDSP Tools
DSP designs can be created for the SXT240T device using the XtremeDSP Solution Development Tools Package that includes System Generator for DSP and the AccelDSP(TM) synthesis tool. These tools provide an FPGA implementation path for DSP algorithms developed using The Mathworks popular MATLAB(R) and Simulink(R) DSP modeling environments. System Generator for DSP provides a Xilinx optimized DSP blockset, netlist generation and hardware-in-the-loop co-simulation plug-ins for the Simulink environment. The AccelDSP synthesis tool extends these capabilities to also include fixed-point conversion, design exploration and RTL generation of floating-point MATLAB algorithms.
Pricing & Availability
Customers can start designing the SXT240T into their next generation products today using the new ISE(R) Design Suite 10.1.01. Initial samples of the device will be available in the third quarter of 2008, with full production expected to begin in the fourth quarter. Pricing for these devices is available now; customers can contact their authorized Xilinx representative to obtain a quote. The Floating-Point Operator IP core V4.0 is provided at no additional cost to customers as part of the standard IP library in the Core Generator system included with ISE Design Suite 10.1.01.
About Xilinx XtremeDSP Solutions
Xilinx is the world's leading supplier of high-performance reconfigurable DSP solutions optimized for performance, price and power. Xilinx XtremeDSP solutions come complete with silicon platforms, design tools, development boards and kits, reference designs and a host of signal processing IP for wireless and multimedia video applications. The XtremeDSP silicon portfolio delivers maximum flexibility with three device platforms: the Virtex-4 SX platform with over 250 GMACS at 500MHz, Virtex-5 SXT platform for ultra-high bandwidth with over 528 GMACS at 550MHz and integrated low-power serial connectivity, and the Spartan(R)-3A DSP platform with the most price-performance optimized devices offering over 30 GMACS at 250MHz. Detailed information is available at http://www.xilinx.com/dsp.
About Xilinx Virtex-5 FPGAs
Named 'Product and Innovation of the Year' by EDN Magazine, the Virtex-5 family represents the fifth generation in the award-winning Virtex series. Built upon the industry's most advanced 65nm triple-oxide technology, breakthrough new ExpressFabric(TM) technology and proven ASMBL(TM) architecture, the Virtex-5 family includes four domain-optimized platforms for high-speed logic, digital signal processing (DSP), embedded processing and serial connectivity applications. Production devices are shipping now and may be purchased online or through Xilinx distributors. Visit http://www.xilinx.com/virtex5 for more information.
About Xilinx
Xilinx, Inc. is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at http://www.xilinx.com/.
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Xilinx, the Xilinx logo, ISE, Spartan, Virtex, and other brands designated herein are trademarks of Xilinx. MATLAB and Simulink are registered trademarks of The MathWorks, Inc.
Editorial Contacts:
Bruce Fienberg
Xilinx, Inc.
(408) 879-4631
bruce.fienberg@xilinx.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080512/AQM019 http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Xilinx, Inc.
CONTACT: Bruce Fienberg of Xilinx, Inc., +1-408-879-4631, bruce.fienberg@xilinx.com
Web site: http://www.xilinx.com/
Development Kit for Counterfeit-Proofing Embedded Application Development
SAN JOSE, California, May 12 /PRNewswire/ --
- Embedded Crypto Evaluation Studio Offers Menu-driven Security
Configuration and Evaluation
Atmel(R) Corporation (Nasdaq: ATML) today announced its Aris++
Development kit with Crypto Evaluation Studio(TM) tool suite for the design
and evaluation of counterfeit-proofing embedded applications that are
protected by hardware-based encryption and mutual authentication. The Aris++
kit includes a stand-alone application development board with Atmel's 8 Kbit
CryptoMemory(R) IC, a CryptoCompanion chip for plug-and-play host-side
configuration, and an AT90USB1287 AVR(C) flash microcontroller for
application development. The board has an LCD display, joy stick, push
buttons and LEDs. JTAG, USB, and serial ports provide extensive debug,
connectivity, and power options.
The Embedded Crypto Evaluation Studio in Aris++ provides a menu-driven,
graphical user interface for CryptoMemory configuration and testing. Aris++
includes development libraries that implement all host cryptographic
operations required for secure communication on a variety of different
microcontroller platforms. The Aris++ Embedded Crypto Solutions CD also
provides comprehensive information pertaining to CryptoMemory and
CryptoCompanion ICs, including datasheets, white papers, application examples
and much more. Applications developed with Aris++ may be ported to any
microcontroller platform.
Increasingly, hackers are illegally using embedded system IP to create
and market product clones. This is a common problem in GPS navigators, cell
phones, settop boxes and game consoles, to name a few. One of the most
effective means of protecting embedded systems that are prone to
counterfeiting, firmware theft and the violation of licensing agreements is
through the implementation of cryptographic hardware security, such as that
provided by CryptoMemory.
Developing such systems without the Aris++ kit and CryptoCompanion chip
requires engineers to develop expertise on cryptography and cryptographic
algorithms and manually write software to implement systems security. The
libraries that come with the Aris++ kit contain all the required
cryptographic functions in a ready-to-use form. Embedded Crypto Evaluation
Studio walks engineers through the security-configuration process via check
boxes and walk-through menus. No coding is required.
The complete embedded application and its security features can be fully
demonstrated, evaluated, and tested using the LCD screen, joy stick, buttons
and LEDs on the Aris++ development board, without loading any software on a
PC. With the JTAG port, engineers can easily detect syntactic and semantic
errors in their software and have greater visibility into the workings of
their applications. Aris++ is fully compatible with Atmel's low cost JTAG-ICE
MkII debug platform.
CryptoMemory devices are the world's only secure EEPROMs with a 64-bit
embedded hardware cryptographic engine including multiple non-readable 64-bit
keys that can be used for both authentication and session encryption.
CryptoMemory features dual authentication capability, with 1- to 256-Kbits of
usable memory and up to 16 individually configurable sectors. It supports a
2-Wire and IS0 7816-3 (T=0 mode) communications interfaces.
CryptoCompanion is a single-chip host solution that implements algorithms
and securely stores and manages the host secrets required for secure
communications. The companion chip implements these algorithms and the entire
protocol completely in hardware so the system designer does not have to
design or test the security layer of his application software. It integrates
hardware cryptographic engines, a cryptographic quality hardware random
number generator, and securely manages up to 16 host keys. The
CryptoCompanion executes all host-side operations including dual
authentication, data encryption, firmware integrity verification, and
generation of Message Authentication Codes (MAC) for secure communication.
Availability and Pricing
Aris++ kits are available now through Atmel's normal sales channels. The
kits sell for US$99.95 each.
CryptoMemory ICs are available in standard 8-pin SOIC and PDIP plastic
packages, and smartcard modules. Prices start at US$0.30 in quantities of
10,000 units. CryptoCompanion chips are available in 8-pin SOIC packages and
are priced at US$0.30 in quantities of 10,000 units.
About Atmel
Atmel is a worldwide leader in the design and manufacture of
microcontrollers, advanced logic, mixed-signal, nonvolatile memory and radio
frequency (RF) components. Leveraging one of the industry's broadest
intellectual property (IP) technology portfolios, Atmel is able to provide
the electronics industry with complete system solutions focused on consumer,
industrial, security, communications, computing and automotive markets.
(C) 2008 Atmel Corporation. All Rights Reserved. Atmel(R), logo and
combinations thereof, AVR(R), CryptoMemory(R) and others are registered
trademarks, CryptoCompanion(TM) and others are trademarks, of Atmel
Corporation or its subsidiaries. Other terms and product names may be
trademarks of others.
Information:
Atmel's CryptoMemory product information may be retrieved at:
http://www.atmel.com/products/SecureMem/
Press Contacts:
Sharon Harnisch, Marketing Communications Manager
Tel: +1-719-540-1723, Email: Sharon.Harnish@atmel.com
Helen Perlegos, Public Relations
Tel: +1-408-487-2963, Email: Helen.Perlegos@atmel.com
Web site: http://www.atmel.com
Atmel Corporation
Sharon Harnisch, Marketing Communications Manager, +1-719-540-1723, Sharon.Harnish@atmel.com, or Helen Perlegos, Public Relations, +1-408-487-2963, Helen.Perlegos@atmel.com, both of Atmel Corporation
Pericom Introduces 'Industry First' PCI Express Gen2 Timing & Signal Conditioning Products for Next Generation Computing & Communications PlatformsPericom's two new product families are first to specifically address the stringent timing and signal integrity requirements of the high-speed serial PCIeG2 (5Gbps) specification
SAN JOSE, Calif., May 12 /PRNewswire-FirstCall/ -- Pericom Semiconductor Corporation , a worldwide preferred supplier of PCI Express technology for connectivity, timing and signal integrity, today announced two 'Industry First' PCI Express Gen2 (PCIeG2 5Gbps) timing and ReDriver(TM) signal conditioning product families aimed primarily at next generation computing and communications platforms.
Both families are specifically designed to comply with the latest PCIeG2 5Gbps specification which is experiencing rapid adoption by next generation server, PC, storage, and telecommunications platforms. These new products enable platform designers to solve the challenges faced when clocking and routing difficult-to-design 5Gbps serial high-speed signals inside the chassis, and allow signals to be extended outside the chassis.
"PCIeG2 is expected to be broadly adopted in computing platforms," said Jag Bolaria, senior analyst at semiconductor market research firm The Linley Group. "The increase in data rate, however, could present significant design challenges. Pericom's signal conditioning and timing chips enable OEMs to confidently design systems using PCIeG2."
The first family of PCIeG2-specific signal conditioning products in the industry, the PI2EQX5804 and PI2EQX5864 PCIeG2 ReDriver conditioners are specifically designed to ensure signal quality of PCIe protocol serial signals over extended FR4 traces, through multiple connectors, and/or blade-to-blade across the back or mid-plane. The family also features a mux/demux with ReDriver capability for routing signals across even longer FR4 trace lengths to different locations on the PCB board.
"Driven by Gen2 CPU chipset introductions and design activities at our Tier 1 desktop, notebook, and server customers, shipments of PCIeG2 capable systems are expected to grow from about 10% of total systems in 2008, to over 50% in 2009," said Shaf Rahman, Pericom's senior director of switch and interface products. "However, that growth rate is coupled to a serious technology challenge. Since signal degradation takes place at a much faster rate when speeds are higher, useable trace length shrinks rapidly. Customers now view Pericom ReDriver technology as essential to enabling their platform operation and reliability."
The first family of PCIeG2 specific timing sources in the industry, the low phase jitter 'SH' Series HCSL oscillators are specifically designed to meet the stringent 3.1 picosecond rms phase jitter requirements of the PCIeG2 protocol.
"Platform designers implementing PCIeG2 are faced with complex timing issues such as precision timing source, quality signal replication, and jitter budget," said Kay Annamalai, Pericom's senior director of timing products. "Pericom provides a complete PCIeG2 timing solution with a combination of our new SH series very low jitter crystal oscillators and our previously introduced PCIeG2 multi-output clock buffer family. We are uniquely positioned with both quartz-and-silicon-based timing technologies, and our complete solution utilizes both to provide the best match in performance, size, and power savings for PCIeG2 applications."
PI2EQX5804 & PI2EQX5864 PCIeG2 ReDriver Key Features and Benefits
-- 4-lane PCIeG2 differential signal conditioners enable bi-directional
5Gbps communication over FR4 traces exceeding 30 inches.
-- Programmable receiver equalization provides input signal reconstruction
optimized for trace length, to compensate for signal loss and jitter.
-- Programmable transmitter de-emphasis & amplitude allows optimized
pre-compensation of the output signal for maximum trace length and
signal quality.
-- Automatic receiver detection greatly simplifies system design for open
slot and cabled applications where the number of active lanes is
unknown at the design time.
-- Loop-back and mux/demux modes enable independent subsystem testing to
make system manufacturing and field repair much easier.
SH Series PCIeG2 Crystal Oscillator Key Features and Benefits
-- <3.1 ps rms phase jitter as defined by PCIeG2 standard -- provides
clean clock reference and enables reliable system timing with very low
error rate.
-- <40ps Period jitter -- provides more timing margin for the PCIe serial
link.
-- 7mmx5mm and 5mmx3.2mm ceramic package -- enables integrating into
smaller space for size-constrained systems such as blade-based systems.
-- Direct HCSL Differential Output without any translation required --
simplifies the interface to PCIeG2 Serdes.
For more on PCIeG2 ReDriver and Timing product offerings, please visit http://www.pericom.com/.
Pricing & Availability
PI2EQX5804 and PI2EQX5864 are available now in production quantities and are offered in Pb-free & Green packaging. 10Ku OEM pricing is $7.55 for PI2EQX5804 and $7.25 for PI2EQX5864.
The SH Series crystal oscillator family is available now and offered in Pb-free and Green packaging. Pricing ranges from $2.5 to $4 depending on the volume.
Press Graphic -- PCIe Gen2 ReDriver:
For high-resolution press graphics visit http://www.pericom.com/press/pr_graphics.php
About Pericom:
Pericom Semiconductor Corporation enables serial connectivity with the industry's most complete solutions for the computing, communications and consumer market segments. Pericom's analog, digital and mixed-signal integrated circuits, along with its SaRonix-eCera frequency control products are essential in timing, connecting and conditioning of high-speed signals required by today's ever-increasing speed and bandwidth demanding applications. Company headquarters are in San Jose, Calif., with design centers and technical sales and support offices globally. http://www.pericom.com/.
PCI Express(R) is a trademark of PCI SIG (http://www.pcisig.org/).
Pericom Semiconductor Corporation
CONTACT: Marketing, Shaf Rahman, ext. 259, srahman@pericom.com, or Kay Annamalai, ext. 218, kannamalai@pericom.com, both of Pericom Semiconductor Corp., +1-408-435-0800; or Press, Sacha Arts of Bella Vista Communications, +1-408-356-3099, s.arts@comcast.net, for Pericom Semiconductor Corp.
Web site: http://www.pericom.com/
Commitment To Excellence Earns Mattson Technology OHSAS 18001:2007 Certification
FREMONT, Calif., May 12 /PRNewswire-FirstCall/ -- Mattson Technology, Inc. , a leading supplier of advanced semiconductor process equipment used to manufacture Integrated Circuits (or ICs), announced today that TUVRheinland(R), the world leader in independent testing and certification services, has recognized the Company with the Occupational Health and Safety Assessment Series (OHSAS) 18001:2007 certification at its corporate headquarters in Fremont, California. Established by a group of leading standard and certification organizations, OHSAS 18001 is an international standard that outlines specifications for developing an occupational health and safety management system; and verifies that Mattson's procedures consistently meet the highest measure for a work environment that is safe and healthy for its valued employees.
Mattson Technology also achieved International Organization for Standardization (ISO) 9001:2000 global certification for all manufacturing sites and sales and service operations in 2003; and in 2006, became the only semiconductor capital equipment company to ever receive Cal/OSHA's elite star status in its voluntary protection program. The California Voluntary Protection Program STAR (Cal/VPP STAR) is designed to recognize employers and their employees who have implemented safety and health programs that go beyond minimal Cal/OSHA standards, and effectively prevent and control occupational hazards. Cal/VPP STAR establishments are considered to be leaders in the field of workplace safety and health.
David Dutton, president and chief executive officer, commented, "The achievement of OHSAS 18001 certification by Mattson Technology's employees and management is another major milestone for the Company. Our culture promotes continuous improvement, and the award is a testament to our objective of managing an environmentally responsible organization that is mindful of our employees' health and safety. Our health and safety management system transforms risk assessments into corrective actions. This allows us to reduce potential employee hazard exposures, which in turn leads to a reduced number of health and safety incidents." Dutton concluded, "We are committed to continuing our high level of quality and compliance with regard to health and safety; and our next step is to expand this effort to our manufacturing facility in Germany."
About TUVRheinland(R)
TUVRheinland(R) is the world leader in independent testing and assessment services. The $1.2 billion-corporation is comprised of an international network of more than 10,000 employees at over 340 locations in 60 countries and serves most industry sectors and markets worldwide. TUVRheinland is a member of the Global Compact of the United Nations, a global network of companies and interest groups.
About Mattson Technology, Inc.
Mattson Technology, Inc. is a leading supplier of dry strip equipment and the second largest supplier of rapid thermal processing equipment in the global semiconductor industry. The company's strip and RTP equipment utilize innovative technology to deliver advanced processing performance and productivity gains to semiconductor manufacturers worldwide for the fabrication of current- and next-generation devices. For more information, please contact Mattson Technology, Inc., 47131 Bayside Parkway, Fremont, Calif. 94538. Telephone: (800) MATTSON/(510) 657-5900. Fax: (510) 492-5911. Internet: http://www.mattson.com/.
Mattson Technology Contact
Kerem Kapkin
tel +1-(510) 492-2765
fax +1-(510) 474-1449
Kerem.Kapkin@mattson.com
Investor & Media Contact
Laura Guerrant
Guerrant Associates
tel 808-882-1467
fax 808-882-1267
lguerrant@guerrantir.com
Mattson Technology, Inc.
CONTACT: Kerem Kapkin, +1-510-492-2765, +1-510-474-1449, fax, Kerem.Kapkin@mattson.com; or Investor & Media Contact, Laura Guerrant of Guerrant Associates, +1-808-882-1467, +1-808-882-1267, fax, lguerrant@guerrantir.com
Web site: http://www.mattson.com/
Integrated Silicon Solution, Inc. Names New Chief Financial Officer
SAN JOSE, Calif., May 12 /PRNewswire-FirstCall/ -- Integrated Silicon Solution, Inc. today announced the appointment of John M. Cobb to the position of Chief Financial Officer and Vice-President of Finance and Administration effective May 12, 2008. He is to report directly to President and Chief Executive Officer (CEO), Scott Howarth. In Mr. Cobb's most recent experience, he held the position of Chief Financial Officer and Vice President of Finance and Administration of Power Integrations, a San Jose, California based fabless analog semiconductor company, for five years. He also served as CFO of PalmChip Corporation, a privately held venture funded company, and also held various financial positions at Quantum Corporation including CFO of their Hard Disk Drive Group during his 10 year career there. He also held senior audit and senior manager positions at Ernst & Young and Deloitte & Touche. Mr. Cobb is a cum laude graduate with a B.S. degree in accounting from Villanova University in Pennsylvania.
"I am very happy to find someone with John's extensive finance and accounting background to take over the position of CFO at ISSI," said Mr. Howarth, "With John's prior CFO experience at Power Integrations and Quantum, he brings a balance of leadership, financial and operational knowledge, and investor relations skills to ISSI. I look forward to working with him in his new role."
About the Company
ISSI is a fabless semiconductor company that designs and markets high performance integrated circuits for the following key markets: (i) digital consumer electronics, (ii) networking, (iii) mobile communications and (iv) automotive electronics. The Company's primary products are high speed and low power SRAM and low and medium density DRAM. The Company also designs and markets EEPROM, SmartCards and is developing selected non-memory products focused on its key markets. ISSI is headquartered in Silicon Valley with worldwide offices in China, Europe, Hong Kong, India, Korea, Singapore, Japan, and Taiwan. Visit our web site at http://www.issi.com/.
Integrated Silicon Solution, Inc.
CONTACT: Scott Howarth, CEO and President, Investor Relations, of Integrated Silicon Solution, Inc., +1-408-969-6600, ir@issi.com
Web site: http://www.issi.com/
Gemalto and McAfee, Inc. Introduce Simple Two-Factor Authentication for Full Disk Encryption
AUSTIN, Texas and SANTA CLARA, Calif., May 12 /PRNewswire-FirstCall/ -- Gemalto and McAfee announced today a new integrated solution that enables PC and laptop users secure and convenient access to fully encrypted disks through strong, secure, hardware-based, two factor authentication. Both the Gemalto .NET smart card and their Smart Enterprise Guardian (SEG) digital security device have been tested and validated for compatibility with the McAfee(R) Endpoint Encryption solution and McAfee Total Protection for Data. Now users of these McAfee products can leverage Gemalto smart cards and security tokens to authenticate themselves to their encrypted devices.
"By working with Gemalto, we are able to offer an interoperable security solution that provides peace of mind to organizations," said Frank Jorissen, vice president international business development with McAfee's Data Protection Business Unit. "McAfee Endpoint Encryption, with its industry leading encryption, coupled with Gemalto's .NET devices, guarantees that sensitive data, whether in transition or within the company, is secure. The integrated solution protects organizations from data security access breaches that result in costly disclosure events, lost revenue and damaged brands."
McAfee Endpoint Encryption (formerly SafeBoot(R) Device Encryption) includes full disk encryption to ensure security of information stored on desktops, laptops, tablets and other mobile devices. The encryption is transparent to the user and performed "on the fly" so it does not affect user productivity. Security administrators can set a system to prompt for authentication before it even starts booting to protect against possible attacks on the operating system, or just before it is finished booting. Users must insert their Gemalto digital security device and enter a passphrase or PIN before being authorized to access the system data. This procedure provides the highest levels of security that only two-factor authentication can provide.
In addition, management of McAfee Endpoint Encryption can be centralized, enabling demonstration of compliance with data privacy legislation as well as internal and external security mandates. The integrated solution from Gemalto and McAfee makes it easy to adopt data security measures for organizations and the end user, and reduces the potential risk posed by employees not adhering to data security policies.
"Full disk encryption that requires authentication with an external intelligent device before even loading the operating system is an extremely secure solution," said Jerome Denis, Identity and Access Management director at Gemalto. "By working with McAfee's partner program, we make it straightforward for any individual or organization to implement the highest levels of digital security."
Partnering Essential for Complete Encryption Solutions
Since 2006, McAfee Data Protection (formerly SafeBoot) encryption solutions have been compatibility tested with leading smart card and token vendors. The strong authentication capabilities provided by these partners have been a natural complement to the strong encryption and key management solutions provided by McAfee. These Data Protection partners will become part of the McAfee Security Innovation Alliance as McAfee merges its technology partnering programs.
With more than five million users, McAfee Data Protection's highly scalable enterprise solutions are Common Criteria EAL4 and FIPS 140-1 and 140-2 certified, ensuring that they employ strong encryption and secure key management. McAfee is the data protection and access control solution of choice for more than 4,200 organizations in 76 countries, including banks, insurance companies, consultancy firms, governmental bodies and health care organizations.
About McAfee, Inc.
McAfee, Inc., headquartered in Santa Clara, California, is the world's largest dedicated security technology company. It delivers proactive and proven solutions and services that secure systems and networks around the world, allowing users to browse and shop the Web securely. With its unmatched security expertise and commitment to innovation, McAfee empowers home users, businesses, the public sector and service providers by enabling them to comply with regulations, protect data, prevent disruptions, identify vulnerabilities and continuously monitor and improve their security. http://www.mcafee.com/.
About Gemalto
Gemalto (Euronext NL 0000400653 GTO) is the leader in digital security with pro forma 2007 annual revenues of over euro 1.6 billion, more than 85 offices in 40 countries and about 10,000 employees including 1,300 R&D engineers. In a world where the digital revolution is increasingly transforming our lives, Gemalto's solutions are designed to make personal digital interactions more convenient, secure and enjoyable.
Gemalto provides end-to-end digital security solutions, from the development of software applications through design and production of secure personal devices such as smart cards, SIMs, e-passports and tokens to the deployment of managed services for its customers. More than a billion people worldwide use the company's products and services for telecommunications, financial services, e-government, identity management, multimedia content, digital rights management, IT security, mass transit and many other applications.
As the use of Gemalto's software and secure devices increases with the number of people interacting in the digital and wireless world, the company is poised to thrive over the coming years. Gemalto was formed in June 2006 by the combination of Axalto and Gemplus. For more information, please visit http://www.gemalto.com/.
McAfee and/or other noted McAfee related products contained herein are registered trademarks or trademarks of McAfee, Inc., and/or its affiliates in the US and/or other countries. McAfee Red in connection with security is distinctive of McAfee brand products. Any other non-McAfee related products, registered and/or unregistered trademarks contained herein is only by reference and are the sole property of their respective owners. (C) 2008 McAfee, Inc. All rights reserved.
McAfee, Inc.
CONTACT: Deb Montner of Montner & Associates, +1-203-226-9290, dmontner@montner.com, for Gemalto; or Erica Coleman of McAfee, Inc., +1-408-346-5624, erica_coleman@mcafee.com; or Ian Bain of Red Consultancy, +1-415-618-8806, ian.bain@redconsultancy.com, for McAfee, Inc.
Web site: http://www.mcafee.com/ http://www.gemalto.com/
DynaPel Systems, Inc. Changes Name to Nio Security, Inc., Introduces Advanced New Products at IFSEC 2008
BIRMINGHAM, England, May 12 /PRNewswire/ --
- Unified Brand Builds on Acquisition of Tempest Microsystems - New
Worldwide Marketing Campaign; Oslo Bourse Ticker Changed to 'NIO'
IFSEC 2008 -- DynaPel Systems, Inc. (Oslo, Norway and Bokeelia, FL),
(OSE: DYNA), a world leader in smart video solutions for the security market,
today announced it will be officially changing the name of the company to
Nio(R) Security, Inc. effective immediately. The company's stock will trade
on the Oslo Stock Exchange under the new ticker symbol of (OSE: NIO) as of 16
May, 2008 - no material impact on the company's financial position is
expected due to this change-of-name process.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080512/CLM067LOGO )
The name change to Nio (pronounced as 'Neo') was undertaken to provide a
consistent brand and corporate identity for the merger of DynaPel and Tempest
Microsystems, Inc., announced in August, 2007. Named after the never-sleeping
guardians flanking the entrance to all Buddhist Temples, Nio's new corporate
identity was formally launched at the IFSEC 2008 security industry trade show
in Birmingham, England.
An aggressive new worldwide marketing campaign was also unveiled at IFSEC
to promote the corporate brand and products that were announced at the show.
The company's merged product lines, under the tagline of 'Watchful
Intelligence' include a complete range of smart video cameras, digital video
recorders and image enhancement peripherals that represent a compelling
solution for the growing world security market.
Nio also announced two new products at IFSEC - the beautifully-styled
EyeMax(R) intelligent camera, incorporating advanced AI (Artificial
Intelligence) algorithms and a stunning new visual design. The company also
announced the new CloseView(R) Supreme - a quad-camera video enhancement
peripheral that allows for the unmanned operation of up to 4 different
cameras, while simultaneously enhancing the quality and depth-of-field for
recorded video from any of these sources. Details on both products, as well
as the other members of the Nio solution for video security, may be found at
the new company website - http://www.niosec.com.
"The announcement of the evolution of DynaPel into Nio is the first step
in the company's new worldwide marketing activities," said Pal Fevang, CEO
and President of Nio Security, Inc. "Creating a new 'umbrella brand' for the
merged DynaPel and Tempest brings enhanced clarity to our communications
efforts about the strengths of this merger and the complete solutions we
offer for intelligent video analytics. We are very confident that the new
products we are announcing at IFSEC will be well received for their unique
capabilities and price points, ranging from entry-level components to
complete security solutions. The Nio brand is the ideal new vehicle for these
breakthrough designs and we are looking forward to capitalizing on the
momentum we hope to achieve at the show."
About Nio:
Nio Security, Inc. is a leading developer of intelligent video
surveillance solutions for physical security applications. Nio's unique and
patented video surveillance technology provides 'Watchful Intelligence' to a
worldwide customer base ranging from Fortune 500(R) companies and governments
to small businesses. Traded on the Oslo Stock Exchange as (OSE: NIO), the
company was founded in 1992 and is headquartered in Florida with engineering
and development facilities in Munich, Germany, and San Diego, CA. Nio markets
its products through a worldwide network of certified dealers, distributors,
system integrators, and OEM's. Further details are available at
www.niosec.com.
Notice on Forward-Looking Statements:
This release includes forward-looking statements intended to qualify for
the safe harbor from liability established by the Private Securities
Litigation Reform Act of 1995. These forward-looking statements generally can
be identified by phrases such as Nio or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words or phrases
of similar import. Similarly, statements herein that describe Nio's business
strategy, outlook, objectives, plans, intentions or goals also are
forward-looking statements. All such forward-looking statements are
subject to certain risks and uncertainties that could cause actual results to
differ materially from those in forward-looking statements.
The forward-looking statements included in this release are made only as
of the date of this release and Nio undertakes no obligation to update the
forward-looking statements to reflect subsequent events or circumstances.
Nio is a registered trademark of Nio Security, Inc. CloseView and EyeMax
are registered trademarks of Nio Security, Inc. All other trademarks and
registered trademarks previously cited are the property of their respective
owners and are hereby acknowledged. Editor's Note: Images and logos are
available from Nio's public relations counsel, with a subset available on the
company website.
Web site: http://www.niosec.com
Nio Security, Inc.
Jonathan Hirshon of Horizon Communications for Nio Security, +1-408-969-4888, jh@horizonpr.com/ Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080512/CLM067LOGO/ AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Elbit Systems Schedules First Quarter 2008 Results Release for May 20, 2008Conference Call Scheduled for May 20, 2008 at 9am ET
HAIFA, Israel, May 12 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. announced today that it will be releasing its financial results for the first quarter of 2008 on Tuesday, May 20, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )
The Company will also be hosting a conference call later the same day at 9:00 am ET. On the call, management will review and discuss the results and will be available to answer questions.
To participate, please call one of the teleconferencing numbers that follow. Please begin placing your calls at least 10 minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.
US Dial-in Numbers: +1-888-407-2553
UK Dial-in Number: 0-800-917-9141
ISRAEL Dial-in Number: 03-918-0610
INTERNATIONAL Dial-in Number: +972-3-918-0610
at:
9:00 am Eastern Time; 6:00 am Pacific Time; 2:00 pm UK Time; 4:00 pm Israel Time.
This call will also be broadcast live on Elbit Systems' web-site at http://www.elbitsystems.com/. An online replay will be available 24 hours following end of the call.
Alternatively, for two days following the end of the call, investors will be able to dial a replay number to listen to the call. The dial-in numbers: +1-888-254-7270 (US); or +972-3-925-5929 (Israel and International).
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned air vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.
Company Contact:
Joseph Gaspar, Executive VP & CFO
Dalia Rosen, Director of Corporate Communications
Elbit Systems Ltd
Tel: +972-4-8316663
Fax: +972-4-8316944
E-mail: gspr@elbit.co.il
daliarosen@elbit.co.il
IR Contact:
Ehud Helft / Kenny Green
G.K. Investor Relations
Tel: +1-646-201-9246
E-mail: info@gkir.com
Photo: http://www.newscom.com/cgi-bin/prnh/20080408/300441
Elbit Systems Ltd
CONTACT: Company Contact:Joseph Gaspar, Executive VP & CFO, Dalia Rosen, Director of Corporate Communications, Elbit Systems Ltd, Tel: +972-4-8316663, Fax: +972-4-8316944, E-mail: gspr@elbit.co.il, daliarosen@elbit.co.il; IR Contact: Ehud Helft / Kenny Green, G.K. Investor Relations, Tel: +1-646-201-9246, E-mail: info@gkir.com
RIM, RBC and Thomson Reuters to Anchor a US$150 Million BlackBerry Partners Fund Focused on Investing in Mobile Applications and Services
TORONTO, May 12 /PRNewswire/ --
- New fund to mark "mobile" as the new frontier
Research In Motion (RIM) (TSX: RIM; Nasdaq: RIMM), RBC (RY: TSX;
RY: NYSE) and Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; Nasdaq: TRIN),
today announced plans to launch the BlackBerry(R) Partners Fund, a
US$150 million venture capital fund, to invest in mobile applications and
services for the BlackBerry(R) platform and other mobile platforms. The Fund
is to be co-managed by JLA Ventures and RBC Venture Partners.
Agnostic to both stage and balance sheet, the BlackBerry Partners Fund
will not restrict the development of mobile applications and services to
any single mobile platform or any specific industry segment. The Fund will be
designed to advance the industry by fostering development and driving the
entrepreneurial spirit to create the most innovative mobile offerings for
customers.
"The mobile world has evolved well beyond phone calls and simple
messaging to require more empowering and liberating solutions that
connect people to everything that matters most to them, wherever and whenever
they want," said Jim Balsillie, Co-CEO, Research In Motion. "RIM, RBC and
Thomson Reuters share the common belief that mobile applications and services
will propel the industry forward and the BlackBerry Partners Fund is being
formed to help fuel innovation and activity in the mobile ecosystem."
"Thomson Reuters is committed to supporting the development of next
generation mobile applications that will provide our professional and
business customers with anywhere, anytime capabilities," said Devin Wenig,
Chief Executive Officer, Markets Division of Thomson Reuters. "The ability to
make business critical decisions with intelligent information available on
mobile devices will give our customers a clear competitive advantage."
"The BlackBerry Partners Fund will focus on evaluating companies in all
regions of the world and investing in the long term success of those that
demonstrate market leadership and unique differentiation," said John
Albright, Managing Partner of JLA Ventures, who will also assume the role of
Co-Managing Partner of the BlackBerry Partners Fund. "Whether it's access to
corporate data or the latest craze in mobile entertainment, we want to fund
companies that are forerunners in driving adoption and further enriching the
mobile experience."
"The BlackBerry Partners Fund will be a catalyst for the development of
next generation mobile applications and services," said Kevin Talbot, RBC
Vice President and Managing Director of RBC Venture Partners, who will also
assume the role of Co-Managing Partner of the BlackBerry Partners Fund. "The
BlackBerry Partners Fund will focus exclusively on mobile applications
and services and our close alliance with RIM will bring unparalleled access
and value to our portfolio companies."
About BlackBerry Partners Fund
The BlackBerry Partners Fund is a US$150 million venture capital fund
being formed to focus on applications and services for the BlackBerry
platform and other mobile platforms including mobile commerce (payments,
advertising, retailing and banking), vertical and horizontal enterprise
applications, communications, social networking, location-based applications
and services (navigation and mapping), media and entertainment, and lifestyle
and personal productivity applications. The Fund will consider all stages of
development and is to be co-managed by JLA Ventures and RBC Venture Partners.
To sign up to receive further information visit:
www.blackberrypartnersfund.com.
About Research In Motion
Research In Motion is a leading designer, manufacturer and marketer of
innovative wireless solutions for the worldwide mobile communications
market. Through the development of integrated hardware, software and services
that support multiple wireless network standards, RIM provides platforms and
solutions for seamless access to time-sensitive information including
email, phone, SMS messaging, Internet and intranet-based applications. RIM
technology also enables a broad array of third party developers and
manufacturers to enhance their products and services with wireless
connectivity to data. RIM's portfolio of award-winning products, services and
embedded technologies are used by thousands of organizations around the world
and include the BlackBerry(R) wireless platform, the RIM Wireless
Handheld(TM) product line, software development tools, radio-modems and
software/hardware licensing agreements. Founded in 1984 and based in
Waterloo, Ontario, RIM operates offices in North America, Europe and Asia
Pacific. RIM is listed on the Nasdaq Stock Market (Nasdaq: RIMM) and the
Toronto Stock Exchange (TSX: RIM). For more information, visit www.rim.com
or www.blackberry.com.
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information
for businesses and professionals. We combine industry expertise with
innovative technology to deliver critical information to leading decision
makers in the financial, legal, tax and accounting, scientific,
healthcare and media markets, powered by the world's most trusted news
organization. With headquarters in New York and major operations in London
and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in
93 countries. Thomson Reuters shares are listed on the New York Stock
Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock
Exchange (LSE: TRIL); and Nasdaq (Nasdaq: TRIN). For more information, go to
www.thomsonreuters.com.
About RBC
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate
under the master brand name of RBC. We are Canada's largest bank as
measured by assets and market capitalization and one of North America's
leading diversified financial services companies. We provide personal and
commercial banking, wealth management services, insurance, corporate and
investment banking, and transaction processing services on a global basis. We
employ approximately 70,000 full- and part-time employees who serve more than
15 million personal, business, public sector and institutional clients
through offices in Canada, the U.S. and 36 other countries. For more
information, please visit rbc.com.
This news release contains forward-looking statements within the meaning
of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian
securities laws relating to plans and expectations for the BlackBerry
Partners Fund. The terms and phrases, "plans to launch", "is to be
co-managed", "will", "to be focused", and similar terms and phrases are
intended to identify these forward-looking statements. Forward-looking
statements are based on estimates and assumptions made by the parties to this
news release in light of their experience and perception of historical
trends, current conditions and expected future developments, as well as other
factors they believe are appropriate in the circumstances. Many factors could
cause the actual results, performance or achievements of the Fund, to differ
materially from those expressed or implied by the forward-looking statements,
including, without limitation, the following: the launch of the Fund will be
subject to, among other things, the approval of the final structure and terms
of the Fund by RIM, RBC, Thomson Reuters and the managers of the Fund, the
preparation of definitive documentation relating to the Fund, compliance with
applicable regulatory requirements and other customary closing conditions;
risks relating to the Fund's ability to identify suitable investment
opportunities; risks relating to investment in early-stage and speculative
technologies and companies, the success of which may be uncertain; and other
risks relating to the mobile communications industry, many of which are
discussed in greater detail in the "Risk Factors" section of RIM's Annual
Information Form, which is included in its Annual Report on Form 40-F (copies
of which filings may be obtained at www.sedar.com or www.sec.gov). These
factors should be considered carefully, and readers should not place undue
reliance on the forward-looking statements contained in this news release.
The parties to this news release have no intention and undertake no
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
law.
The BlackBerry and RIM families of related marks, images and symbols are
the exclusive properties and trademarks of Research In Motion Limited.
RIM, Research In Motion and BlackBerry are registered with the U.S. Patent
and Trademark Office and may be pending or registered in other countries. RIM
assumes no obligations or liability and makes no representation, warranty,
endorsement or guarantee in relation to any aspect of any third party
products or services. Trademarks used in this press release include Royal
Bank of Canada, RBC, and RBC Venture Partners which are trademarks of Royal
Bank of Canada and/or its subsidiaries under license.
RIM, RBC and Thomson Reuters
Matthew Bogart, BlackBerry Partners Fund, +1-416-367-2401, Matthew.bogart@blackberrypartnersfund.com
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