Companies news of 2008-05-22 (page 2)
Geographic Split Plan Approved for 760 Area CodeNew '442' Area Code In Northern San Diego...
DigitalFX International, Inc. Adds Professional Men's Basketball Team to Client RosterLas...
The Oregon Clinic Extends Patient Care Services Across Metro Portland with Time Warner...
Borders Group Strategic Alternatives Process Remains Ongoing
Arbinet's Membership Base Exceeds 1000 MembersCompany offers increased opportunities for...
L.A. Care Offers ZixCorp e-Prescribing Services Through Health I.T. Incentive...
Media Sciences Announces 100% New-Build Color Toner Cartridges for Use in OKI(R) Business...
Arbinet's Membership Base Exceeds 1000 Members
comScore Releases April 2008 U.S. Search Engine Rankings
NBC TV's, The Biggest Loser Cheryl Forberg to Appear on 'Corporate Strategies with Tim...
Verizon Wireless Offers Tips to Help Customers Travel Safely and Drive Responsibly This...
Cellcom Israel Ltd. Announces Ruling Against Company's Reliance on Exemption From...
NuState Energy Subsidiary Rentar Logic Agrees With Driver's Alert to Cross-Market to Over...
Burrillville, Rhode Island Residents to Benefit from Verizon Wireless Network...
Playlogic Moves to New Headquarters
Feversham Arms Hotel in U.K. Selects Visual One Suite by AgilysysHotel Implements Property...
S-76(R) Helicopter Fleet Achieves 5 Million Flight Hours
Playlogic Moves to New Headquarters
Cascade Microtech Expands Global Service and Support Footprint
Southern Company Senior VP Chris Hobson to Present June 3 at Lehman Brothers Global...
Mid-Illini Credit Union Selects SEDONA MRM Technology and Services
AT&T Announces FOX's 'American Idol' Seventh Season Breaks All-Time Record for Text...
MBSB Announces Market Advances, Information Statement and Name Change
AT&T Offers Hyatt a Suite of Global Hosting and Managed SolutionsDeal Positions AT&T as...
Furniture Manufacturer Will Build Its Future on Integrated Microsoft Dynamics AX and...
NETGEAR to Present at Lehman Brothers' Worldwide Wireless, Wireline and Media Conference
MasterCard Worldwide Names Rob Reeg President of MasterCard Global Technology and...
KIT digital Enters Into Definitive Agreement to Acquire Kamera Content ABCompany expands...
KIT digital Enters Into Definitive Agreement to Acquire Kamera Content AB
TigerLogic Corporation Announces New 4.3.1 Release of Omnis Studio
Geographic Split Plan Approved for 760 Area CodeNew '442' Area Code In Northern San Diego County To Take Effect November 8, 2008
STERLING, Va., May 22 /PRNewswire-FirstCall/ -- NeuStar, Inc. , acting in its capacity as the North American Numbering Plan (NANP) administrator, announced today that the new 442 area code has been assigned to northern San Diego County as part of a split of the 760 area code, and that the new 442 area code will take effect on November 8, 2008. The California Public Utilities Commission (CPUC) approved the geographic split relief plan for the area now served by the 760 area code on April 24, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO )
The 760 area code currently serves northern San Diego County and extends east and northeast to the borders of Mexico, Arizona, and Nevada. While the 760 area code will continue to serve existing customers in Imperial, Inyo, Kern, Mono, Riverside and San Bernardino counties, customers in the southwestern portion of the 760 area code who reside in communities such as Borrego Springs, Camp Pendleton, Carlsbad, Encinitas, Escondido, Fallbrook, Julian, Oceanside, Pauma Valley, Ramona, San Marcos, Valley Center, Vista, and Warner Springs will migrate to the 442 area code.
Introduction of New Area Code
The 442 area code will be introduced during a six-month "permissive dialing" period, which begins November 8, 2008. During this period, people calling from outside the area can dial either the old 760 area code or the new 442 area code to reach customers in the 442 area code. Also during this time, customers in the 760 and 442 area codes can call between the two area codes using seven-digit dialing.
Mandatory dialing begins May 16, 2009, at which time callers must use the correct area code to complete their calls. In addition, customers will have to use "1+" ten-digit dialing (the digit 1, the area code, and the seven-digit telephone number) to call between area codes. After mandatory dialing begins, callers who forget to use the new 442 area code will receive a recorded message reminding them that the area code has changed, and they will be required to redial using the proper area code. The three-month recorded reminder will end on August 8, 2009.
Prices of Calls Will Not Be Affected
The introduction of the 442 area code will not affect the price of telephone calls. "All local calls will remain local, regardless of the area code change," said Joe Cocke, NANPA's senior area code relief planner for the Western Region, including California. A new area code is needed in the 760 calling area, Cocke said, because of the demand for additional telephone prefixes and competition in the local phone service market.
About NANPA
Area code relief activities for the 760 and 442 area codes are administered by NeuStar, which was selected by the Federal Communications Commission (FCC) to serve as the NANPA. NANPA is a neutral third-party administrator that works with the telecommunications industry in developing area code relief plans and also oversees the assignment of area codes, three- digit central office codes, carrier identification codes, and other numbering resources throughout the United States, Canada, Bermuda, and 16 Caribbean countries. Visit NANPA online at http://www.nanpa.com/.
About NeuStar, Inc.
NeuStar is a provider of clearinghouse and directory services to the global communications and Internet industry. Visit NeuStar online at http://www.neustar.biz/.
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NeuStar, Inc.
CONTACT: John Schneidawind of NeuStar, Inc., +1-571-434-5596, john.schneidawind@neustar.biz
Web site: http://www.neustar.biz/ http://www.nanpa.com/
DigitalFX International, Inc. Adds Professional Men's Basketball Team to Client RosterLas Vegas' Only Official Basketball Team to Raise Brand Awareness via Online Marketing Strategy
LAS VEGAS, May 22 /PRNewswire-FirstCall/ -- DigitalFX International, Inc. (http://www.digitalfx.com/) , a streaming video and digital communications company, today announced that the Las Vegas Stars (http://www.iblhoopsonline.com/teamLasVegas.asp), a professional men's basketball team with the International Basketball League (http://www.iblhoopsonline.com/), will stream select games, fan based video emails, and team information using DigitalFX's helloWorld Studio, thereby increasing DigitalFX's exposure in the sports community.
Alexis Levi-Scott, CEO and General Manager of the Las Vegas Stars said, "I'm thrilled to be the first professional IBL team to stream live games and offer our fan base an up close and personal look at our players and coaches. We believe a strong online presence is key to raising local brand awareness, while helping us grow our revenues."
Craig Ellins, CEO of DigitalFX said, "We're proud to offer streaming services to the only professional men's basketball team in Las Vegas. We hope this goes a long way to showing the sports world that Las Vegas can do more than just support a local team, it can do it on a global basis."
About DigitalFX International, Inc. DigitalFX International (http://www.digitalfx.com/) is a creator of web-based products such as streaming live and on-demand video, video email and digital storage that because of their extremely low cost for the first time brings the next generation Internet revolution to individuals through its http://www.helloworld.com/ site, and small and medium-sized businesses via its http://www.firststream.com/ site. The company also develops and markets proprietary communication and collaboration services, and social networking software applications, including its flagship product, called The Studio. The Studio is a cost-effective, all-in-one, web-based solution that allows users to send email and video email, group chat with video, conduct a private, public or pay-per-view live webcast, upload digital content, and post videos on demand in multiple media formats. For more information about DigitalFX, please visit us at http://www.digitalfx.com/.
To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, News Alerts and other pertinent information, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0
About the IBL:
The International Basketball League is a fourth year basketball league featuring two unique rules that reduce dead time, producing non stop action with greatly increased team scoring averages of over 126 points per game.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Examples of forward-looking statements include statements related to our product exposure in the sports arena. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward looking statements if they comply with the requirements of the Act.
DigitalFX International, Inc.
CONTACT: Investor Relations: Mike Flanigan or Ted Tackaberry, Communication Initiatives, +888-724-0208, IR@digitalfx.com; or Amy Black, President, DigitalFX International, +1-702-938-9300
Web site: http://www.digitalfx.com/ http://www.iblhoopsonline.com/ http://www.helloworld.com/ http://www.firststream.com/
The Oregon Clinic Extends Patient Care Services Across Metro Portland with Time Warner Telecom's Metro Ethernet Service-Clinic supports healthcare mission via flexible, secure 4 Gigabit network-Solution improves disaster recovery time by 98 percent
PORTLAND, Ore., May 22 /PRNewswire-FirstCall/ -- Time Warner Telecom Inc., , a leading provider of managed voice and data networking solutions for businesses, today announced the successful installation of metro Ethernet connectivity to The Oregon Clinic's West Hills Gastroenterology and West Side Surgical facilities in West Portland. The addition of these two new offices in West Portland and the Beaverton area brings to 12 the number of locations where The Oregon Clinic provides critical medical services.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080312/LAW511LOGO)
"The reliability and performance of Time Warner Telecom's metro Ethernet solution at our existing 10 sites in Portland motivated us to extend our network to our West Portland facilities," said Lee McMillian, CIO for The Oregon Clinic in Portland. "When Time Warner Telecom built fiber to that part of town, we were very pleased to add these two clinics to our metro network and upgrade the level of service we provide our patients. Each 500 Mbps metro Ethernet circuits allow us to deliver patient data to physician screens within seconds."
"This capability raises our level of care to what is normally associated with large, infrastructure-intensive hospitals," said McMillian. "Additionally, it opened the door to completing a business continuity disaster recovery (BCDR) project that will reduce our recovery time by 98 percent, from hours to minutes."
With the addition of the West Hills Gastroenterology and West Side Surgical facilities, all 12 of The Oregon Clinic's locations are seamlessly connected to one another through Time Warner Telecom's Portland area network. Transmission speeds vary up to 1 Gbps per location. Together, these locations support the clinic's ability to provide more than 120,000 patient appointments annually. Furthermore, The Oregon Clinic's metro Ethernet solution economically provides substantial bandwidth to meet the firm's goal of transmitting electronic medical record (EMR) data as well as patient exam images to physicians on the network as quickly as possible.
The network extension further provides The Oregon Clinic the ability to deploy a real-time, data backup disaster recovery solution. The DR solution will leverage their enterprise disk arrays to back up The Oregon Clinic's 17 terabytes of patient and enterprise data to the firm's data center facility across a Time Warner Telecom 500 Mbps metro Ethernet link. "The Time Warner Telecom, high-capacity circuits will reduce our recovery time from hours to minutes," said McMillian.
"The demand for cost-effective, reliable and secure data circuits from health care facilities and other businesses is driving our program to expand our fiber network to new areas of Portland," said Jon Nicholson, Vice President and General Manager for Time Warner Telecom in Portland. "Our metro Ethernet service easily scales to from 1Gbps and higher to handle our customers' most bandwidth-intensive data transport needs. Together, our national network, 75 metropolitan networks across the country and thousands of buildings on our network, companies can easily share large data files in town or across the country."
Time Warner Telecom is changing its name to tw telecom on July 1, 2008.
About Time Warner Telecom
Time Warner Telecom Inc., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP and security, to enterprise organizations and communications services companies throughout the U.S. As a leading provider of integrated and converged network solutions, Time Warner Telecom delivers customers overall economic value, quality, service, and improved business productivity. Time Warner Telecom will change its name to tw telecom on July 1, 2008. Please visit http://www.twtelecom.com/ for more information.
About The Oregon Clinic
The Oregon Clinic is one of the largest private specialty physician practices in Oregon. An evidence-based, multidisciplinary organization, The Oregon Clinic provides the highest quality care using a team approach to address medical conditions in the areas of cardiology, gastroenterology, neurology, pulmonology, urology, podiatry, otolaryntology, radiation and medical oncology, imaging, cardiothoracic surgery, and general and minimally invasive surgery. The Oregon Clinic is committed to provide the highest quality care, to practice data-driven medicine, to provide leadership for the healthcare community, and to offer respectful, compassionate service. It was founded in 1994 with the merger of several clinical groups in Portland, offering specialty care from Vancouver to Salem, and from Hood River to Astoria. The Oregon Clinic is located at 1111 NE 99th Ave., Portland, OR. Visit The Oregon Clinic website at http://www.orclinic.com/.
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Time Warner Telecom Inc.
CONTACT: Media, Patrick Mulcahy, Media Relations, of Time Warner Telecom, +1-303-566-1470, patrick.mulcahy@twtelecom.com; or Elizabeth Lindenmuth of The Oregon Clinic, +1-503-963-2893, elindenmuth@orclinic.com
Web site: http://www.twtelecom.com/ http://www.orclinic.com/
Borders Group Strategic Alternatives Process Remains Ongoing
ANN ARBOR, Mich., May 22 /PRNewswire-FirstCall/ -- In response to recent inquiries, Borders Group, Inc. today reported that the company is in the midst of the strategic alternatives process and has not engaged in substantive discussions regarding any specific transaction to date. The company does not intend to make any further comment while the process is ongoing.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060208/BORDERSGRPLOGO )
About Borders Group
Headquartered in Ann Arbor, Mich., Borders Group, Inc. is a leading global retailer of books, music and movies with more than 1,100 stores and approximately 30,000 employees worldwide. More information on the company is available at http://www.bordersgroupinc.com/ .
Photo: http://www.newscom.com/cgi-bin/prnh/20060208/BORDERSGRPLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Borders Group, Inc.
CONTACT: Investor Contact, Ed Wilhelm, +1-734-477-4245; or Media Contact, Anne Roman, +1-734-477-1392, both of Borders Group, Inc.
Web site: http://www.bordersgroupinc.com/
Company News On-Call: http://www.prnewswire.com/comp/106169.html
Arbinet's Membership Base Exceeds 1000 MembersCompany offers increased opportunities for efficiency and growth through thexchange
NEW BRUNSWICK, N.J., May 22 /PRNewswire-FirstCall/ -- Arbinet-thexchange, Inc. , the robust transaction platform for buying and selling voice and IP telecommunications capacity, announced today that it has surpassed the 1,000 Member mark during the first quarter of 2008. The company also indicated that March 2008 was the highest revenue month since its inception.
Arbinet, which now has 1,045 Members on the thexchange, experienced an increase in Membership due to the company's expansion in many emerging markets. Recently Arbinet announced its increased presence in the Middle East market, signing on a number of new customers and opening an office in Beirut to handle the demands of service providers in the region. In addition, the company has experienced membership growth in Asia, Africa and Latin America.
"Arbinet's increased membership base and continuous global expansion enable us to offer more choices and greater connectivity," said William Freeman, president and CEO, Arbinet. "Our solutions, coupled with our intelligent platform and routing expertise, empower Members to manage their operations and grow their businesses more effectively."
As Arbinet expands its presence globally, the company continues to attract buyers and sellers to its marketplace with a range of services that enhance business choices and opportunities for its Members. Arbinet's flexible, scalable solutions and managed services enable telecommunications providers to improve business efficiency and excel in an increasingly demanding and competitive market. This 1,000 Member milestone is a result of the outstanding solutions and services Arbinet continues to provide to Members around the world.
About Arbinet
Arbinet is a leading provider of innovative voice and IP solutions empowering communications companies to create the most efficient and valuable global interconnections. Arbinet offers the greatest flexibility in global scale, platform intelligence, and managed solutions to achieve commercial efficiency and interconnection simplicity.
Arbinet manages business relationships, back office operations and call routing for Members who route through Arbinet approximately 2% of the world's international voice traffic to over 1,300 destinations worldwide. These Members include fixed line, mobile, wholesale and VoIP carriers as well as calling card, ISPs and content providers around the world who buy and sell voice and IP telecommunications capacity and content. For more information about Arbinet's solutions, visit http://www.arbinet.com/
Forward-Looking Statements
This press release contains forward-looking statements regarding anticipated future revenues, growth, capital expenditures, management's future expansion plans, expected product and service developments or enhancements, and future operating results. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as: "believes," "expects," "may," "will," "should" or "anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Various important risks and uncertainties may cause Arbinet's actual results to differ materially from the results indicated by these forward-looking statements, including, without limitation: the ability of Arbinet to effectively divest Broad Street Digital Limited; members (in particular, significant trading members) not trading on our exchange or utilizing our new and additional services (including DirectAxcess(SM), PrivateExchange(SM), AssuredAxcess(SM) and PeeringSolutions(SM)); continued volatility in the volume and mix of trading activity; our uncertain and long member enrollment cycle; the failure to manage our credit risk; failure to manage our growth; pricing pressure; investment in our management team and investments in our personnel; regulatory uncertainty; system failures, human error and security breaches that could cause Arbinet to lose members and expose it to liability; and Arbinet's ability to obtain and enforce patent protection for our methods and technologies. For a further list and description of the risks and uncertainties the Company faces, please refer to Part I, Item 1A of the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 17, 2008, and other filings that have been filed with the Securities and Exchange Commission. Arbinet assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise and such statements are current only as of the date they are made.
Kristen Massaro
STC Associates
1.212.725.1900 ext. 204
kristen@stcassociates.com
Mark Brugger
Arbinet-thexchange, Inc.
1.732.509.9160
mdbrugger@arbinet.com
Arbinet-thexchange, Inc.
CONTACT: Kristen Massaro of STC Associates, +1-212-725-1900 ext. 204, kristen@stcassociates.com; or Mark Brugger of Arbinet-thexchange, Inc., +1-732-509-9160, mdbrugger@arbinet.com
Web site: http://www.arbinet.com/
L.A. Care Offers ZixCorp e-Prescribing Services Through Health I.T. Incentive ProgramPocketScript(R) e-Prescribing Service Offered to Over 800 Physicians
DALLAS, May 22 /PRNewswire-FirstCall/ -- Zix Corporation (ZixCorp(R)), , the leader in hosted services for email encryption and e-prescribing, today announced that L.A. Care, the nation's largest public health plan, will be offering the Company's PocketScript(R) e-Prescribing Service through its new Health I.T. Incentive Program. ZixCorp is one of several vendors that will be available through the program.
L.A. Care launched the Health I.T. Incentive Program in October 2007 as an addition to its Rewarding Results physician incentive program. The Health I.T. Incentive Program runs for one year only and will reward physicians for adoption and sustained utilization of healthcare technology, including e-prescribing. The L.A. Care Program reimburses eligible physicians up to $3,000 for e-Prescribing. Physicians must write a minimum of 80 electronic prescriptions per month for three consecutive months to qualify for reimbursement.
"Health information technologies, such as e-prescribing, promise substantial improvements in quality of care, administrative efficiency and patient satisfaction. L.A. Care designed the Health I.T. Incentive Program to assist practices that have made or are interested in making an investment in technology such as e-prescribing," said Dr. Elaine Batchlor, Chief Medical Officer at L.A. Care. "L.A. Care partnered with ZixCorp in 2006 to offer life-saving e-prescribing technology to qualified physicians in Los Angeles County and we are excited to offer this technology through our new incentive program. At L.A. Care, we strive to improve patient care by making e-prescribing accessible to health care providers, who often have limited resources to invest in patient care technology."
"L.A. Care fully understands that e-prescribing technology can be a critical tool in the prevention of adverse drug events and we are honored to be part of the new Health I.T. Incentive Program," said Rick Spurr, chief executive officer for ZixCorp. "While our payor customers continue to invest in our e-prescribing technology to improve patient safety and to lower pharmacy spend, they also realize the value of establishing an electronic connection with the doctor to deliver real-time, patient-specific decision support. This valuable decision support delivered to the point-of-care provides the opportunity for even further, dramatic improvements in the quality and cost of healthcare."
ZixCorp's PocketScript(R) e-prescribing service enables physicians to order prescriptions through a secure wireless mobile PDA or secure Web site and deliver them electronically to the patient's preferred pharmacy. PocketScript provides clinical decision support at the point-of-care with real-time access to a drug reference guide as well as patient-level eligibility, formulary, and co-pay information. This allows the prescriber to select the most cost-effective prescription based on the patient's benefits. The application also provides comprehensive drug-to-drug and drug-to-allergy interaction alerts based on patient-specific dispensed drug history. Through partnerships with RxHub, RelayHealth and SureScripts, PocketScript delivers end-to-end connectivity within the healthcare system to reduce unnecessary costs, improve patient safety and convenience, and enhance practice efficiency.
About L.A. Care
L.A. Care Health Plan is a local public agency and health plan serving residents of Los Angeles County through a variety of programs including Medi-Cal, Healthy Families, and Healthy Kids. With more than 750,000 enrolled members, L.A. Care is one of the largest health plans in California and is the nation's largest public health plan. L.A. Care is a leader in developing new programs through innovative coalitions and partnerships designed to support public health, the safety net, and health insurance coverage for vulnerable populations. For more information, please visit http://www.lacare.org/.
About Zix Corporation
ZixCorp is the leading provider of easy-to-use-and-deploy email encryption and e-prescribing services that Connect entities with their customers and partners to Protect and Deliver sensitive information in the healthcare, finance, insurance and government industries. ZixCorp's hosted Email Encryption Service provides an easy and cost-effective way to ensure customer privacy and regulatory compliance for corporate email. Its PocketScript(R) e-prescribing service saves lives and saves money by automating the prescription process between payors, doctors and pharmacies. For more information, visit http://www.zixcorp.com/.
Zix Corporation
CONTACT: public relations, Farrah Corley, +1-214-370-2175, publicrelations@zixcorp.com, or investor relations, Peter Wilensky, +1-214-515-7357, invest@zixcorp.com, both of Zix Corporation; or Thomas Tran of L.A. Care, cell, +1-213-446-9495, office, +1-213-694-1250, ext. 4185, ttran@lacare.org
Web site: http://www.zixcorp.com/ http://www.lacare.org/
Media Sciences Announces 100% New-Build Color Toner Cartridges for Use in OKI(R) Business Color Printers
OAKLAND, N.J., May 22 /PRNewswire-FirstCall/ -- Media Sciences International, Inc. , the leading independent manufacturer of color toner cartridges and solid ink sticks for color business printers, today announced the availability of 100% new-build Clearcase(R) color toner cartridges for use in OKI C5500, C5800, C6100, and C5550MFP business color printers.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020604/NYTU016LOGO )
On the Company's news, Media Sciences' CEO Michael W. Levin remarked, "OKI is one of the largest and most aggressively marketed color printer lines on the market today. The extension of our Clearcase line of color toner cartridges to these additional printers provides the end user with a high- quality, low-cost alternative to OKI brand cartridges."
Media Sciences is currently taking orders for its 100% newly manufactured, high quality, color toner cartridges for use in OKI C5500, C5800, C6100, and C5550MFP business color printers.
For more information on Media Sciences or its SEC filings, please visit the investor relations section of the Company's website at http://www.mediasciences.com/.
About Media Sciences International, Inc. : Media Sciences International, Inc. , the leading independent manufacturer of solid ink and color toner cartridges for office color printers, has a strong reputation for being the informed customer's choice. As the premium quality price alternative to the printer manufacturer's brand, Media Sciences' newly manufactured color toner and solid ink products for use in Dell(R), Samsung(R), Xerox(R), Tektronix(R), OKI(R), Ricoh(R), Konica-Minolta/Minolta- QMS(R), Epson(R), and Brother(R) office color printers deliver up to and over 30% in savings when compared to the printer manufacturer's brand. Behind every Media Sciences product is The Science of Color(TM) -- the company's proprietary process for delivering high quality products at the very best price, including its commitment to exceptional, highly responsive technical support and its longstanding, industry-leading warranty. With the Company's groundbreaking INKlusive(TM) FREE Color Printer Program (http://www.inklusive.com/), printer users buy the supplies, and get the printer for free. For more information on the Company, its products, and its programs, visit http://www.mediasciences.com/, E-mail info@mediasciences.com, or call 201.677.9311.
Brand names are used for descriptive purposes only and are the properties of their respective owners.
Contacts:
Investor Contact: Kevan D. Bloomgren, Chief Financial Officer, Media Sciences kbloomgren@mediasciences.com, 201.677.9311, ext. 213
Media Contact: Bill Besold, Director of Marketing Communications, Media Sciences bbesold@mediasciences.com, 201.677.9311, ext. 299
Forward Looking Statements
This press release contains certain forward-looking statements about our goals and prospects within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current beliefs and expectations and are subject to risks and uncertainties. Actual results may differ materially from those included in these statements due to a variety of factors, including those factors identified in our Annual Report on Form 10- KSB for the year ended June 30, 2007, on file with the Securities and Exchange Commission. Any forward-looking statements contained in this release speak only as of the time made and we assume no duty to update them, whether as a result of new information, unexpected events, future changes, or otherwise.
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Media Sciences International, Inc.
CONTACT: Investors, Kevan D. Bloomgren, Chief Financial Officer, +1-201- 677-9311, ext. 213, kbloomgren@mediasciences.com, or Media, Bill Besold, Director of Marketing Communications, +1-201-677-9311, ext. 299, bbesold@mediasciences.com, both of Media Sciences
Web site: http://www.mediasciences.com/ http://www.inklusive.com/
Arbinet's Membership Base Exceeds 1000 Members
NEW BRUNSWICK, New Jersey, May 22 /PRNewswire/ --
- Company offers increased opportunities for efficiency and growth
through thexchange
Arbinet-thexchange, Inc. (Nasdaq: ARBX), the robust transaction platform
for buying and selling voice and IP telecommunications capacity, announced
today that it has surpassed the 1,000 Member mark during the first quarter of
2008. The company also indicated that March 2008 was the highest revenue
month since its inception.
Arbinet, which now has 1,045 Members on the thexchange, experienced an
increase in Membership due to the company's expansion in many emerging
markets. Recently Arbinet announced its increased presence in the Middle East
market, signing on a number of new customers and opening an office in Beirut
to handle the demands of service providers in the region. In addition, the
company has experienced membership growth in Asia, Africa and Latin America.
"Arbinet's increased membership base and continuous global expansion
enable us to offer more choices and greater connectivity," said William
Freeman, president and CEO, Arbinet. "Our solutions, coupled with our
intelligent platform and routing expertise, empower Members to manage their
operations and grow their businesses more effectively."
As Arbinet expands its presence globally, the company continues to
attract buyers and sellers to its marketplace with a range of services that
enhance business choices and opportunities for its Members. Arbinet's
flexible, scalable solutions and managed services enable telecommunications
providers to improve business efficiency and excel in an increasingly
demanding and competitive market. This 1,000 Member milestone is a result of
the outstanding solutions and services Arbinet continues to provide to
Members around the world.
About Arbinet
Arbinet is a leading provider of innovative voice and IP solutions
empowering communications companies to create the most efficient and valuable
global interconnections. Arbinet offers the greatest flexibility in global
scale, platform intelligence, and managed solutions to achieve commercial
efficiency and interconnection simplicity.
Arbinet manages business relationships, back office operations and call
routing for Members who route through Arbinet approximately 2% of the world's
international voice traffic to over 1,300 destinations worldwide. These
Members include fixed line, mobile, wholesale and VoIP carriers as well as
calling card, ISPs and content providers around the world who buy and sell
voice and IP telecommunications capacity and content. For more information
about Arbinet's solutions, visit www.arbinet.com
Forward-Looking Statements
This press release contains forward-looking statements regarding
anticipated future revenues, growth, capital expenditures, management's
future expansion plans, expected product and service developments or
enhancements, and future operating results. Such forward-looking statements
may be identified by, among other things, the use of forward-looking
terminology such as: "believes," "expects," "may," "will," "should" or
"anticipates," or the negative thereof or other variations thereon or
comparable terminology, or by discussions of strategy that involve risks and
uncertainties. Various important risks and uncertainties may cause Arbinet's
actual results to differ materially from the results indicated by these
forward-looking statements, including, without limitation: the ability of
Arbinet to effectively divest Broad Street Digital Limited; members (in
particular, significant trading members) not trading on our exchange or
utilizing our new and additional services (including DirectAxcess(SM),
PrivateExchange(SM), AssuredAxcess(SM) and PeeringSolutions(SM)); continued
volatility in the volume and mix of trading activity; our uncertain and long
member enrollment cycle; the failure to manage our credit risk; failure to
manage our growth; pricing pressure; investment in our management team and
investments in our personnel; regulatory uncertainty; system failures, human
error and security breaches that could cause Arbinet to lose members and
expose it to liability; and Arbinet's ability to obtain and enforce patent
protection for our methods and technologies. For a further list and
description of the risks and uncertainties the Company faces, please refer to
Part I, Item 1A of the Company's Annual Report on Form 10-K, filed with the
Securities and Exchange Commission on March 17, 2008, and other filings that
have been filed with the Securities and Exchange Commission. Arbinet assumes
no obligation to update any forward-looking statements, whether as a result
of new information, future events or otherwise and such statements are
current only as of the date they are made.
Kristen Massaro
STC Associates
+1-212-725-1900 ext. 204
kristen@stcassociates.com
Mark Brugger
Arbinet-thexchange, Inc.
+1-732-509-9160
mdbrugger@arbinet.com
Web site: http://www.arbinet.com
Arbinet-thexchange, Inc.
Kristen Massaro of STC Associates, +1-212-725-1900 ext. 204, kristen@stcassociates.com; or Mark Brugger of Arbinet-thexchange, Inc., +1-732-509-9160, mdbrugger@arbinet.com
comScore Releases April 2008 U.S. Search Engine Rankings
RESTON, Va., May 22 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released its monthly comScore qSearch analysis of the U.S. search marketplace. April 2008 saw Americans conduct 10.6 billion core searches, with Google Sites continuing to gain market share as the leading search engine.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)
April 2008 U.S. Core Search Rankings
In April, Google Sites extended its share of core searches to 61.6 percent, up from 59.8 percent the previous month. Yahoo! Sites ranked second with 20.4 percent, followed by Microsoft Sites (9.1 percent), AOL LLC (4.6 percent), and Ask Network (4.3 percent).
comScore Core Search Report*
April 2008 vs. March 2008
Total U.S. - Home/Work/University Locations
Source: comScore qSearch 2.0
Share of Searches (%)
Point Change
Apr-08 vs.
Core Search Entity Mar-08 Apr-08 Mar-08
Total Core Search 100.0% 100.0% 0.0
Google Sites 59.8% 61.6% 1.8
Yahoo! Sites 21.3% 20.4% -0.9
Microsoft Sites 9.4% 9.1% -0.3
AOL LLC 4.8% 4.6% -0.2
Ask Network 4.7% 4.3% -0.4
* Based on the five major search engines including partner searches and
cross-channel searches. Searches for mapping, local directory, and
user-generated video sites that are not on the core domain of the five
search engines are not included in the core search numbers.
Americans conducted 10.6 billion searches at the core search engines, representing a 2-percent decline versus March. Google Sites saw more than 6.5 billion core searches, followed by Yahoo! Sites with 2.2 billion, and Microsoft Sites with 961 million.
comScore Core Search Report*
April 2008 vs. March 2008
Total U.S. - Home/Work/University Locations
Source: comScore qSearch 2.0
Search Queries (MM)
Percent Change
Apr-08 vs.
Core Search Entity Mar-08 Apr-08 Mar-08
Total Core Search 10,771 10,582 -2%
Google Sites 6,438 6,514 1%
Yahoo! Sites 2,296 2,159 -6%
Microsoft Sites 1,012 961 -5%
AOL LLC 521 491 -6%
Ask Network 503 458 -9%
* Based on the five major search engines including partner searches and
cross-channel searches. Searches for mapping, local directory, and
user-generated video sites that are not on the core domain of the five
search engines are not included in the core search numbers.
April U.S. Expanded Search Rankings
In comScore's April 2008 analysis of the Top 50 properties where search activity is observed, Google Sites led with 8.5 billion searches. Yahoo! Sites ranked second with 2.3 billion searches, followed by Microsoft Sites (1 billion), and AOL LLC (839 million).
comScore Expanded Search Query Report
April 2008 vs. March 2008
Total U.S. - Home/Work/University Locations
Source: comScore qSearch 2.0
Search Queries (MM)
Percent Change
Apr-08 vs.
Expanded Search Entity Mar-08 Apr-08 Mar-08
Total Expanded Search 15,088 14,988 -1%
Google Sites 8,267 8,467 2%
Google 6,531 6,639 2%
YouTube/All Other 1,736 1,828 5%
Yahoo! Sites 2,391 2,323 -3%
Yahoo! 2,359 2,290 -3%
All Other 32 33 3%
Microsoft Sites 1,054 1,000 -5%
MSN-Windows Live 1,019 964 -5%
Microsoft/All Other 35 36 3%
AOL LLC 891 839 -6%
AOL Search Network* N/A 459 N/A
MapQuest/All Other N/A 380 N/A
Ask Network 506 461 -9%
Ask.com 316 298 -6%
MyWebSearch.com/ All Other 190 163 -14%
eBay 474 450 -5%
Fox Interactive Media 377 360 -4%
MySpace 368 354 -4%
All Other 8 6 -21%
Craigslist.org 277 273 -2%
Amazon Sites 149 137 -8%
Facebook.com 107 112 5%
* AOL Search Network is a newly defined entity with April 2008 data and is
not directly comparable to previous months of data.
To request more information on comScore qSearch 2.0, please visit http://www.comscore.com/contact
About comScore
comScore, Inc. is a global leader in measuring the digital world. For more information, please visit http://www.comscore.com/boilerplate
Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
comScore, Inc.
CONTACT: Andrew Lipsman comScore, +1-312-775-6510, press@comscore.com
Web site: http://www.comscore.com/
NBC TV's, The Biggest Loser Cheryl Forberg to Appear on 'Corporate Strategies with Tim Connolly,' Friday, May 23, 2008 at 10:00 a.m. ET
HOUSTON, May 22 /PRNewswire/ -- Professional chef and the nutritionist for NBC's "The Biggest Loser" Cheryl Forberg will appear on "Corporate Strategies with Tim Connolly", Friday, May 23, 2008 at 10:00 am ET. Listeners may call in with questions live and toll free at 800-336-2225. Previous guests of the show have included CNBC "Mad Money" Host Jim Cramer, U.S. Senator John McCain, former SEC Chairman Arthur Levitt, Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, Mario Gabelli, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others. Natural Nutrition, Inc. (BULLETIN BOARD: NTNI) (http://www.naturalnutritioninc.com/) and Corporate Strategies Merchant Bankers are the lead sponsors of the Corporate Strategies Radio Show, (http://www.corporate-strategies.net/).
Corporate Strategies may be heard on over 400 affiliate stations nationwide listed at CRN1 http://www.cableradionetwork.com/ , or on the internet at http://www.corporate-strategies.net/radio . This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (http://www.corporate-strategies.net/). Noted Economist Mike King of Princeton Research provides live technical analysis for the show, and futures trader Oscar Carbone is a frequent commentator.
"Corporate Strategies with Tim Connolly" is live talk radio...with the Titans of Business who move financial markets! The show is hosted by Tim Connolly, CEO of Merchant Banker Corporate Strategies, Inc. The Executive Producer of the show is broadcast news veteran Jan Carson, an award winning journalist with more than 20 years experience as a top rated television news anchor and reporter for NBC, ABC and CBS network affiliates. "Corporate Strategies with Tim Connolly" features financial experts from across the nation providing the latest intelligence on equities, income investments, and a variety of risk, equity and option strategies.
Corporate Strategies, Inc.
CONTACT: Marcy Dorotik, Corporate Strategies, Inc., +1-713-337-3717, news@corporate-strategies.net
Web site: http://www.corporate-strategies.net/ http://www.naturalnutritioninc.com/ http://www.cableradionetwork.com/ http://www.corporate-strategies.net/radio
Verizon Wireless Offers Tips to Help Customers Travel Safely and Drive Responsibly This Summer
BASKING RIDGE, N.J., May 22 /PRNewswire/ -- With the busiest travel season nearly upon us, Verizon Wireless reminds customers who choose to talk on a wireless phone while driving to do so responsibly and safely when travelling over the next few months and all year long.
Drive Responsibly
Drivers should use common sense and obey all vehicular laws if they choose to talk on a wireless phone while driving, whether across town or across the country. Verizon Wireless offers the following reminders for using a wireless phone or service responsibly while driving:
-- When behind the wheel, safe and responsible driving is always your
first priority.
-- Using a wireless phone while driving may increase your risk of
distraction, whether or not you use a hands-free device. To eliminate
this risk, consider turning your phone off and allowing calls to go
to voice mail.
-- If you choose to talk and drive, always use a hands-free device. Make
sure your hands-free device is on and working before you begin
driving.
-- Turn your phone to speakerphone or use a headset. Many phones have
speakerphone capability. Headset models available from Verizon
Wireless range from Bluetooth(R) devices for individual use to
hands-free ear buds compatible with devices from many wireless
providers.
-- Do not manually dial or look up phone numbers when driving.
Pre-program important and frequently dialed numbers and use the
voice-activated and speed-dialing features of your phone.
-- Never view or send text or multi-media messages or video downloads
while driving.
-- If you're taking advantage of any navigation service, including VZ
Navigator(SM), program the address into your phone -- either directly
to the handset or online -- before you leave the curb; then you'll
need only to listen to the directions.
-- Do not engage in complex, stressful or emotional calls while driving.
-- The risk of using a wireless phone while driving may be increased
during hazardous traffic or weather conditions. When driving in these
conditions, consider turning your phone off and allowing calls to go
to voice mail.
Verizon Wireless is committed to educating the public on the safe and responsible use of wireless phones while driving. For more information on hands-free options and responsible driving, customers can visit a Verizon Wireless Communications Store or http://www.verizonwireless.com/.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast- quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Debra Lewis of Verizon Wireless, +1-908-559-7512, Debra.Lewis@verizonwireless.com
Web site: http://www.verizonwireless.com/ http://www.verizonwireless.com/multimedia
Cellcom Israel Ltd. Announces Ruling Against Company's Reliance on Exemption From Obtaining Building Permits for Radio Access Devices
NETANYA, Israel, May 22 /PRNewswire-FirstCall/ -- Cellcom Israel Ltd. ("Company") announced that the District court of Tel-Aviv-Jaffa ruled today, in its capacity as court of appeals, that the reliance of the Company and other cellular providers in Israel, upon the exemption from the requirement to obtain building permits in relation to cellular radio access devices, is invalid. As previously disclosed, this reliance has been challenged in court. In May 2008, the Israeli Attorney General opined that the exemption does apply to cellular radio access devices. The District Court has ruled today that the cellular operators' devices do not meet the exemption's requirements and therefore cannot be relied upon.
The Company believes the ruling is mistaken and intends to appeal this ruling to the Supreme Court. Other appeals on that issue are still under consideration in the District Court as court of appeals.
For additional details see the Company's most recent annual report for the year ended December 31, 2007 on Form 20-F under "Item 3. Key Information - D. Risk Factors - Risks related to our business - We may not be able to obtain permits to construct cell sites" as well as under Item 4. Information on the Company - B. Business Overview - Government Regulations - Permits for Cell site Construction - Site Licensing" and the Company's immediate report on Form 6-K filed on May 14, 2008 under "Other Developments Subsequent to Balance Sheet Date - Site Licensing".
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is the leading Israeli cellular provider; Cellcom Israel provides its 3.096 million subscribers (as at March 31, 2008) with a broad range of value added services including cellular and landline telephony, roaming services for tourists in Israel and for its subscribers abroad and additional services in the areas of music, video, mobile office etc., based on Cellcom Israel's technologically advanced infrastructure. The Company operates an HSPA 3.5 Generation network enabling the fastest high speed content transmission available in the world, in addition to GSM/GPRS/EDGE and TDMA networks. Cellcom Israel offers Israel's broadest and largest customer service infrastructure including telephone customer service centers, retail stores, and service and sale centers, distributed nationwide. Through its broad customer service network Cellcom Israel offers its customers technical support, account information, direct to the door parcel services, internet and fax services, dedicated centers for the hearing impaired, etc. In April 2006 Cellcom Israel, through Cellcom Fixed Line Communications L.P., a limited partnership wholly-owned by Cellcom Israel, became the first cellular operator to be granted a special general license for the provision of landline telephone communication services in Israel, in addition to data communication services. Cellcom Israel's shares are traded both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL).
For additional information please visit the Company's website http://investors.ircellcom.co.il/
Company Contact
Shiri Israeli
Investor Relations Coordinator
investors@cellcom.co.il
Tel: +972-52-998-9755
Investor Relations Contact
Ehud Helft / Ed Job
CCGK Investor Relations
ehud@gkir.com / ed.job@ccgir.com
Tel: (US) +1-866-704-6710 / +1-646-213-1914
Cellcom Israel Ltd.
CONTACT: Company Contact: Shiri Israeli, Investor Relations Coordinator, investors@cellcom.co.il, Tel: +972-52-998-9755. Investor Relations Contact: Ehud Helft / Ed Job, CCGK Investor Relations, ehud@gkir.com / ed.job@ccgir.com, Tel: (US) +1-866-704-6710 / +1-646-213-1914
NuState Energy Subsidiary Rentar Logic Agrees With Driver's Alert to Cross-Market to Over 10,000 Customers
WELLINGTON, Fla., May 22 /PRNewswire-FirstCall/ -- Rentar Logic, Inc., a NuState Energy Holdings, Inc. (BULLETIN BOARD: NSEH) subsidiary, the only company in the world that combines the Rentar Fuel Catalyst, a pre-combustion fuel technology with 26 domestic and international patents, and proprietary software to reduce fuel consumption and harmful emissions, announced that it will sell Driver's Alert's vehicle monitoring and online, driver safety education program to reduce serious accidents. Driver's Alert, through its call center, will market the Rentar Logic fuel management tool to over 10,000 companies with over 200,000 vehicles presently participating in their vehicle monitoring program.
Frank Reilly, CEO of Rentar Logic, commented, "The Driver's Alert program helps companies manage their fleet safety and vehicle monitoring throughout North America. Likewise, the management of Driver's Alert understands that Rentar Logic offers a cost-effective solution for reducing fuel consumption and emissions. Both companies expect this relationship to generate increased sales and profits."
About NuState Energy Holdings, Inc.
NuState is a technology company specializing in providing pertinent, real-time information to the worldwide transportation and security industries. Our telematics solutions collect vehicle and container-based data and integrate it with information gathered from various disparate legacy systems across the supply chain. The data is then synthesized and reformatted into valuable, actionable information, and delivered to appropriate end-users across the logistics value chain through secure web-based applications. Its subsidiary, Rentar Logic, provides end-users with a unified technology delivering meaningful fuel savings, all the information required to manage a truck fleet and the ability to validate and verify carbon emissions reduction as well as vehicle tracking, inventory/asset visibility, secure trucking, matching available freight with available trucks, and many others. Additionally, NuState owns Commodity Express Transportation, a freight transportation operation currently serving the southeastern United States.
About Driver's Alert
Driver's Alert, a Fort Lauderedale-based company founded in 1989, has a vehicle monitoring and online, driver safety education program that has been proven to reduce the number of unsafe driving acts leading to serious accidents. Its 10,000 customers include insurance companies, trucking companies, law enforcement agencies, school districts, delivery services, utilities and waste management companies. Vehicle monitoring is accomplished by concerned motorists who call the Driver's Alert toll-free number printed on a highly visible, reflective decal attached to vehicles that says "HOW AM I DRIVING?" These incoming calls are handled by in-house operators who prepare and transmit incident and other management reports to the vehicle's owner.
This press release includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements regarding our current business plans, strategies and objectives that involve risks and uncertainties that could cause actual results to differ materially from anticipated results. The forward-looking statements are based on our current expectations and what we believe are reasonable assumptions; however, our actual performance, results and achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Factors, within and beyond our control, that could cause or contribute to such differences include, among others, the following: we have a history of losses and an accumulated deficit, expect losses to continue for the foreseeable future and will need to raise additional working capital in order to implement our business model and sustain our operations; the loss of one or more of our major customers could materially and adversely effect our future revenue and business operations; as well as those factors discussed under "Risk Factors" in our Annual Report on form 10-KSB filed on October 15, 2007 and various disclosures in other reports filed from time to time with the United States Securities and Exchange Commission.
NuState Energy Holdings, Inc.
CONTACT: Richard Hersh, Chairman of NuState Energy Holdings, Inc., +1-561-998-7557, ext. 302, rhersh@mydriverseat.com
Burrillville, Rhode Island Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access
BURRILLVILLE, R.I., May 22 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Providence County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Route 100 and Buck Hill Road in Burrillville, Rhode Island.
Verizon Wireless has invested more than $45 billion since it was formed to increase the coverage and capacity of its national network and to add new services like BroadbandAccess and V CAST. Regionally the company has invested nearly $2.2 billion into its New England network, including over $292 million in 2007 alone. As a result of these investments, every Verizon Wireless cell site in New England offers wireless broadband connectivity.
BroadbandAccess offers computer users the nation's most reliable high- speed wireless mobile broadband network, operating at average upload speeds between 500 and 800 kbps, and download speeds between 600 kbps and 1.4 mbps over Verizon Wireless' BroadbandAccess with EV-DO Revision A network. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones.
Strong demand for Verizon Wireless services continued during the first quarter of 2008 as the company added 1.5 million net new customers and, for the fourteenth consecutive quarter, reported the lowest customer turnover (highest customer loyalty) rate in the wireless industry.
The company's 'nation's most reliable wireless network' reputation is based on network studies performed by real-life test men and test women throughout the country who inspired the "can you hear me now" national advertising campaign. Nationally, these test men and women drive nearly 100 specially equipped vehicles almost 1,000,000 miles annually on Interstate, U.S. and state highways as well as major roads and surface streets in high-population areas, based upon U.S. Census counts, to confirm that voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/ . To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia .
Verizon Wireless
CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213, Michael.murphy@verizonwireless.com; or Anne Elise O'Connor of Thomson Communications, +1-617-548-2765, Aeoc@thomsoncommunications.com, for Verizon Wireless
Web site: http://www.verizonwireless.com/
Playlogic Moves to New Headquarters
AMSTERDAM, Netherlands, May 22 /PRNewswire/ --
Today, Playlogic International N.V., a subsidiary of Playlogic
Entertainment Inc. (OTC Bulletin Board: PLGC) and an independent worldwide
publisher of entertainment software, announced that it is moving its
operational headquarters from Concertgebouwplein in Amsterdam to its new
10.000 square feet office in Amsterdam's World Trade Center, contributing to
its ongoing expansion in business activities.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071119/PLAYLOGICLOGO )
The improved facilities will help Playlogic to further develop its
publishing activities and capitalize on its broadening catalogue.
The new contact details as of Monday, May 26th:
Playlogic International N.V.
World Trade Center Amsterdam
C-Tower, 10th floor
Strawinskylaan 1041
1077 XX Amsterdam
The Netherlands
T: +31-20-676-03-04
F: +31-20-673-17-13
E: info@playlogicint.com
For more info about Playlogic, please visit the website:
www.playlogicgames.com.
ABOUT PLAYLOGIC:
Playlogic Entertainment, Inc. is an independent publisher of
entertainment software for consoles, PCs, handhelds, mobile devices, and
other digital media. Playlogic distributes its products worldwide through all
available channels, online and offline. Playlogic, who currently has
approximately 80 employees, is listed on the OTCBB under the symbol "PLGC"
and is headquartered in New York and Amsterdam. Its internal game development
studio is based in Breda (The Netherlands).
Playlogic's portfolio includes games that are being developed by several
teams at the Playlogic Game Factory, Playlogic's in-house development studio
based in Breda, as well as games developed by a number of studios throughout
the world with approximately 400 people of external development staff. The
Playlogic Game Factory also develops first party titles for Sony Computer
Entertainment Europe.
Playlogic publishes quality games, working with leading technology to
produce digital entertainment from concept to finished product. Playlogic
plans to publish 20 titles during 2008.
FORWARD LOOKING STATEMENTS:
This release contains statements about PLAYLOGIC's future expectations,
performance, plans, and prospects, as well as assumptions about future
events. The reader is cautioned not to put undue reliance on these
forward-looking statements, as these statements are subject to numerous
factors and uncertainties, including without limitation, business and
economic conditions and trends; fluctuations in operating results; reduced
customer demand relative to expectations; competitive factors; and other risk
factors listed from time to time in the company's SEC reports. Actual results
may differ materially from our expectations as the result of these and other
important factors relating to PLAYLOGIC'S business and product development
efforts, which are further described in filings with the Securities and
Exchange Commission. These filings can be obtained from the SEC's website
located at www.sec.gov. Any forward-looking statements are based on
information available to PLAYLOGIC on the date of this release, and PLAYLOGIC
assumes no obligation to update such statements.
FOR MORE INFORMATION
Playlogic International
Rick van Beem, PR Manager
T: +31-20-676-03-04
M: +31-6-22-95-67-23
E: rvanbeem@playlogicint.com
For further information about Playlogic, the games she publishes and
develops, artwork and press information, please visit our press section on
www.playlogicgames.com
Web site: http://www.playlogicgames.com
Playlogic International N.V.
Rick van Beem, PR Manager, Playlogic International, +31-20-676-03-04, cell +31-6-22-95-67-23, rvanbeem@playlogicint.com. Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071119/PLAYLOGICLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
Feversham Arms Hotel in U.K. Selects Visual One Suite by AgilysysHotel Implements Property Management, Point-of-Sale, Spa Management Solutions
BOCA RATON, Fla., May 22 /PRNewswire-FirstCall/ -- Agilysys, Inc. , a leading provider of innovative information technology and hospitality software solutions, announced today that Feversham Arms Hotel in Helmsley, North Yorkshire has selected a comprehensive Visual One suite of products by Agilysys to streamline operations at the property, which is adding a high-end spa this summer.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO )
Feversham Arms Hotel was looking for a single vendor that could provide integrated solutions for property management, point-of-sale and spa management. The Visual One suite was a perfect fit, with powerful yet scaleable systems that create more efficient business processes and deliver measurable results. The suite, which operates with a Microsoft SQL(R) server database, will enable the property to improve productivity in nearly every area of operations.
"We chose the Visual One suite because it provided us a comprehensive and 'one-stop shop' solution," said Simon Rhatigan, owner of Feversham Arms Hotel. "We especially appreciate that the modules are fully integrated and provide real-time information exchanges, so that guests can book a room and a spa appointment at the same time. Our primary objectives were enhancing guest service and increasing efficiency, and the Visual One suite enables us to do both."
Feversham Arms Hotel selected the following Visual One solutions:
-- Visual One Property Management System, a flexible and reliable property
management solution that offers a variety of features and
functionality, including front office operations, guest history,
housekeeping, night audit, reservations management and more. The hotel
also is implementing the accounts receivable and web booking modules.
-- Visual One Point-of-Sale (POS) System, a POS solution that is both
touch-screen and barcode controlled and operates in a variety of hotel
environments, including bars, gift shops and table service restaurants.
-- Visual One Spa Management System, a feature-rich spa management
solution that tracks employee work schedules and commission levels;
enables scheduling by date, time, type of service and staff member; and
sends e-mail appointment confirmations.
"The Visual One suite is ideal for properties like Feversham Arms Hotel that want powerful yet flexible property management and point-of-sale solutions that are fully integrated," said Tina Stehle, senior vice president and general manager of Agilysys Hospitality Solutions. "The Visual One suite will enable the property to reduce labor costs, operate at peak efficiency and deliver a higher level of service to its guests."
Feversham Arms Hotel is an independently owned and operated hotel located in Helmsley, North Yorkshire. The luxury hotel includes a full-service restaurant, meeting room, lounge, tennis courts and heated outdoor pool. A high-end spa, scheduled for completion in summer 2008, will include eight treatment rooms, manicure and pedicure area, outdoor hot tub and terrace. Feversham Arms Hotel is a member of The Great Inns of Britain.
About Agilysys, Inc.
Agilysys is a leading provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select markets, including retail and hospitality. The company uses technology - including hardware, software and services - to help customers resolve their most complicated IT needs. The company possesses expertise in enterprise architecture and high availability, infrastructure optimization, storage and resource management, identity management and business continuity; and provides industry-specific software, services and expertise to the retail and hospitality markets. Headquartered in Boca Raton, Fla., Agilysys operates extensively throughout North America, with additional sales offices in the United Kingdom and China. For more information, visit http://www.agilysys.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Agilysys, Inc.
CONTACT: Maureen Morreale, Agilysys, Inc., +1-440-519-8161, maureen.morreale@agilysys.com; or Vikki Meldrum, Dix & Eaton on behalf of Agilysys, +1-216-241-3020, vmeldrum@dix-eaton.com
Web site: http://www.agilysys.com/
S-76(R) Helicopter Fleet Achieves 5 Million Flight Hours
STRATFORD, Conn., May 22 /PRNewswire-FirstCall/ -- The S-76(R) helicopter fleet has topped the 5 million flight hour milestone, Sikorsky Aircraft Corp. announced today. Sikorsky is a subsidiary of United Technologies Corp. .
(Logo: http://www.newscom.com/cgi-bin/prnh/20060403/SIKORSKYLOGO )
The milestone follows two other highlights for the S-76 helicopter in 2008: the 30th anniversary of the first delivery and the 700th aircraft delivery. The program is on track to mark another major event later this year: first flight of the next production model, the S76-D(TM) helicopter.
"Outstanding safety, quality, reliability and mission flexibility are the hallmarks of the S-76 helicopter program," said Marc Poland, Vice President, Commercial Programs. "We had expected this aircraft fleet to reach the 5 million flight-hour mark during the third quarter of this year, so reaching this milestone now offers more validation of this fine aircraft."
An intermediate class, twin-engine commercial aircraft, the S-76 helicopter originally was intended for the offshore and executive transportation segments. The S-76 helicopter program was announced in February 1975 as the first strictly commercial production program in Sikorsky's history. It was certified by the U.S. Federal Aviation Administration in 1978, and the first production aircraft was delivered in February 1979.
Today, more than 200 operators in 37 countries are flying S-76 helicopters, serving many missions that include offshore oil crew transport, civil defense, emergency medical service, search and rescue, and corporate and VIP travel including heads of state.
The latest and most advanced model, the S-76D helicopter, will offer significant increase in useful load and extended range performance versus the S-76C+(TM) and S-76C++(TM) aircraft currently fielded. In addition, the S-76D helicopter model will feature all-composite, flaw-tolerant main rotor blades; an advanced Thales avionics system and autopilot; dual speed rotor with active vibration control; and Pratt & Whitney 210S engines. The S-76D helicopter is scheduled to enter production with certification in 2009, followed by customer deliveries in 2010.
Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in helicopter design, manufacture, and service. The company's long commitment to safety and innovation is reflected in its mission statement: "We pioneer flight solutions that bring people home everywhere ... every time(TM)." United Technologies Corp., based in Hartford, Conn., provides a broad range of high-technology products and support services to the aerospace and building systems industries.
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Sikorsky Aircraft Corp.
CONTACT: Paul Jackson, +1-203-386-7143, Paul.Jackson@sikorsky.com, or Marianne Heffernan, +1-203-386-4373, mheffernan@sikorsky.com
Web site: http://www.sikorsky.com/
Playlogic Moves to New Headquarters
AMSTERDAM, Netherlands, May 22 /PRNewswire-FirstCall/ -- Today, Playlogic International N.V., a subsidiary of Playlogic Entertainment Inc. (BULLETIN BOARD: PLGC) and an independent worldwide publisher of entertainment software, announced that it is moving its operational headquarters from Concertgebouwplein in Amsterdam to its new 10.000 square feet office in Amsterdam's World Trade Center, contributing to its ongoing expansion in business activities.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071119/PLAYLOGICLOGO )
The improved facilities will help Playlogic to further develop its publishing activities and capitalize on its broadening catalogue.
The new contact details as of Monday, May 26th:
Playlogic International N.V.
World Trade Center Amsterdam
C-Tower, 10th floor
Strawinskylaan 1041
1077 XX Amsterdam
The Netherlands
T: +31 20 676 03 04
F: +31 20 673 17 13
E: info@playlogicint.com
For more info about Playlogic, please visit the website: http://www.playlogicgames.com/.
ABOUT PLAYLOGIC:
Playlogic Entertainment, Inc. is an independent publisher of entertainment software for consoles, PCs, handhelds, mobile devices, and other digital media. Playlogic distributes its products worldwide through all available channels, online and offline. Playlogic, who currently has approximately 80 employees, is listed on the OTCBB under the symbol "PLGC" and is headquartered in New York and Amsterdam. Its internal game development studio is based in Breda (The Netherlands).
Playlogic's portfolio includes games that are being developed by several teams at the Playlogic Game Factory, Playlogic's in-house development studio based in Breda, as well as games developed by a number of studios throughout the world with approximately 400 people of external development staff. The Playlogic Game Factory also develops first party titles for Sony Computer Entertainment Europe.
Playlogic publishes quality games, working with leading technology to produce digital entertainment from concept to finished product. Playlogic plans to publish 20 titles during 2008.
FORWARD LOOKING STATEMENTS:
This release contains statements about PLAYLOGIC's future expectations, performance, plans, and prospects, as well as assumptions about future events. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions and trends; fluctuations in operating results; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's SEC reports. Actual results may differ materially from our expectations as the result of these and other important factors relating to PLAYLOGIC'S business and product development efforts, which are further described in filings with the Securities and Exchange Commission. These filings can be obtained from the SEC's website located at http://www.sec.gov/. Any forward-looking statements are based on information available to PLAYLOGIC on the date of this release, and PLAYLOGIC assumes no obligation to update such statements.
FOR MORE INFORMATION
Playlogic International
Rick van Beem, PR Manager
T: +31 20 676 03 04
M: +31 6 22 95 67 23
E: rvanbeem@playlogicint.com
For further information about Playlogic, the games she publishes and develops, artwork and press information, please visit our press section on http://www.playlogicgames.com/
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Playlogic International N.V.
CONTACT: Rick van Beem, PR Manager, Playlogic International, +31-20-676-03-04, cell +31-6-22-95-67-23, rvanbeem@playlogicint.com
Web site: http://www.playlogicgames.com/
Cascade Microtech Expands Global Service and Support Footprint
BEAVERTON, Ore., May 22 /PRNewswire-FirstCall/ -- Cascade Microtech, Inc. today announced global expansion with new offices and personnel in Munich as well as Phoenix, Arizona to provide service and support for production products customers in those regions. Semiconductor manufacturers, faced with growing complexity and heightened market pressures, increasingly require better and faster service and support from their equipment providers. Companies like Cascade Microtech, with a proven track record in meeting those needs, are enjoying escalating demand as a result. Cascade's expansion is driven by increased demand for its high-frequency RF probes and sockets for use in volume production test environments which will now be met with faster response times and shortened downtime for regional customers. The Munich location will also serve as a repair center for customers throughout the European Union. Cascade will announce additional expansion and support later this year.
Taking the helm at the Munich office will be Eric Wilms, director of European Sales. Prior to joining Cascade Microtech, Wilms held sales management positions at Schlumberger and Test Advantage. Wilms has added three new applications and service engineers to the Munich staff as well. The Munich service and repair center features state-of-the-art probe card inspection tools powered by Cascade Microtech's eVue digital imaging system, insuring fast repair times for customers.
In the new Phoenix, Arizona office, Mark Murdza has been named sales manager for the Gryphics Product Group, which provides high performance sockets for design engineering as well as high-volume production applications. These high-density, fine-pitch socket assemblies support a wide spectrum of semiconductor packages. Most recently Murdza was director of marketing at Antares Advanced Test Technologies.
"Our customers work under extreme time pressure. They simply cannot afford downtime," said Cascade Microtech CEO Geoff Wild. "Our deep understanding of our customers' needs enables us to provide the right products and services in the right time and place, which in turn is fueling heightened demand for our products. Extending our service and support reach globally is another extension of our commitment to our customers' success."
About Production Products Division
The Production Products Division of Cascade Microtech provides best-in-class test probes and sockets featuring their Pyramid Probe and Gryphics product families. Pyramid probe cards are rugged, robust, and well suited for the rigors of high-performance production wafer sort. Its industry leading signal integrity and mechanical alignment capabilities make these probe cards the perfect fit for multi-die testing for RF wireless, high-speed digital in SiPs, SoCs, and leading edge parametric testing. The Gryphics Products Group designs, manufactures and markets a range of high-performance socket products used for final production and evaluation testing of packaged semiconductor devices. Gryphics' advanced manufacturing and contact technologies achieve a very fine pitch and provide excellent signal fidelity for today's high frequency applications whilst driving down the cost-of-test.
About Cascade Microtech
Cascade Microtech, Inc. is a worldwide leader in the precise electrical measurement and test of integrated circuits (ICs) and other small structures. For technology businesses and scientific institutions that need to evaluate small structures, Cascade Microtech delivers access to, and extraction of, electrical data from wafers, integrated circuits (ICs), IC packages, circuit boards and modules, MEMS, biological structures, electro-optic devices and more. Cascade Microtech's leading-edge semiconductor production test consumables include unique probe cards and test sockets that reduce manufacturing costs of high-speed and high-density semiconductor chips. Information about Cascade Microtech can be found on the Web at http://www.cascademicrotech.com/.
Cascade Microtech, Inc.
CONTACT: Kerry McClenahan of McClenahan Bruer Communications, +1-503-546-1002, kerry@mcbru.com, for Cascade Microtech, Inc.; or Cali Sartor of Cascade Microtech, Inc., +1-503-601-1000, cali_sartor@cmicro.com
Web site: http://www.cascademicrotech.com/
Southern Company Senior VP Chris Hobson to Present June 3 at Lehman Brothers Global Warming Solutions Conference
ATLANTA, May 22 /PRNewswire-FirstCall/ -- Southern Company Senior Vice President of Research and Environmental Affairs Chris Hobson will speak at the Lehman Brothers Global Warming Solutions Conference on June 3, 2008. The conference will be held at the Lehman Brothers Headquarters Building at 745 Seventh Avenue in New York.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020207/SOCOLOGO )
Hobson will present at 1:30 pm EDT on a panel entitled "Generation Development in a Carbon Constrained World." The presentation will be webcast at http://investor.southerncompany.com/ and available for replay for 45 days.
With nearly 4.4 million customers and more than 42,000 megawatts of generating capacity, Atlanta-based Southern Company is the premier energy company serving the Southeast, one of America's fastest-growing regions. A leading U.S. producer of electricity, Southern Company owns electric utilities in four states and a growing competitive generation company, as well as fiber optics and wireless communications. Southern Company brands are known for excellent customer service, high reliability and retail electric prices that are significantly below the national average. Southern Company has been listed the top ranking U.S. electric service provider in customer satisfaction for nine consecutive years by the American Customer Satisfaction Index (ACSI). Visit our Web site at http://www.southerncompany.com/.
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Southern Company
CONTACT: Terri Cohilas, +1-404-506-5333 or +1-866-506-5333, media@southerncompany.com, or Investor Relations, Glen Kundert, +1-404-506-5135, gakunder2@southernco.com, both of Southern Company
Web site: http://www.southerncompany.com/ http://investor.southerncompany.com/
Mid-Illini Credit Union Selects SEDONA MRM Technology and Services
KING OF PRUSSIA, Pa., May 22 /PRNewswire-FirstCall/ -- SEDONA(R) Corporation (BULLETIN BOARD: SDNA) (http://www.sedonacorp.com/), a leading provider of Customer and Member Relationship Management (CRM/MRM) solutions for the small and mid-size financial services market, today announced that Mid-Illini Credit Union (http://www.midillinicu.com/) has selected SEDONA's technology and services to implement and deploy its member relationship management (MRM) system.
Established in 1940 and based in Bloomington, Illinois, Mid-Illini Credit Union is a non-profit, member owned credit union serving the full financial needs of over 7,000 members.
Tom Stewart, President of Mid-Illini commented, "We recognize that each of our members have distinct financial objectives and needs and we strive to tailor our products and services to meet them. By employing a comprehensive MRM solution, we will gain a better understanding of those objectives and needs, allowing us to provide the right product and service, at the right time, to each of our members."
About SEDONA Corporation
SEDONA(R) Corporation (BULLETIN BOARD: SDNA) provides multi-vertical Customer/Member Relationship Management (CRM/MRM) solutions and services specifically tailored to the small to mid-size financial services market. SEDONA's CRM/MRM solution, Intarsia(R), is designed and priced to support and meet the needs of the multiple lines of business of small to mid-size banks and credit unions. Intarsia provides the entire financial services institution with a complete and accurate view of their customers' and prospects' relationships and interactions. By utilizing SEDONA's CRM/MRM solution and services, SEDONA's clients effectively identify, acquire, foster, and retain loyal, profitable customers. For additional information, visit the SEDONA web site at http://www.sedonacorp.com/ or call 1-800-815-3307.
Forward-Looking Statements
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," or "expects," and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.
SEDONA(R) and Intarsia(R) are registered trademarks of SEDONA Corporation.
All other trade names are the property of their respective owners.
This press release and prior releases are available on the
SEDONA Corporation web site at http://www.sedonacorp.com/.
SEDONA Corporation
CONTACT: SEDONA INVESTOR CONTACT: Steve Ficyk, +1-216-373-6856, stevef@sedonacorp.com, or SEDONA MEDIA CONTACT: Michelle Brown, +1-610-337-8400, michelleb@sedonacorp.com, both of SEDONA Corporation
Web site: http://www.sedonacorp.com/
AT&T Announces FOX's 'American Idol' Seventh Season Breaks All-Time Record for Text MessagingAT&T Records More Than 78 Million 'American Idol'-Related Text Messages
SAN ANTONIO, May 22 /PRNewswire-FirstCall/ -- AT&T Inc. announced today that the company has shattered its text messaging record of 64.5 million by generating more than 78 million messages this season of "American Idol" -- the most popular show on television.
Since AT&T introduced text message voting in season 2 of FOX's "American Idol," text messaging has continued to play a significant role in the Idol interactive experience. In fact, during last week's hometown visits, a new text messaging component was used to inform the final three contestants of the Producer's Choice selection via their Apple iPhones, an AT&T-exclusive handset.
"There's no question that Idol fans are texting in huge numbers," said David Christopher, chief marketing officer, AT&T's wireless operations. "We rolled out a lot of great Idol-themed content this season that kept fans engaged and connected. From 'American Idol' trivia, special sweepstakes, TXT chats, vote number reminders and, of course, voting, there were plenty of opportunities for AT&T customers to enhance their favorite Idol moments."
AT&T's sponsorship of "American Idol" helped put text messaging on the map. Back in 2003, when the text message voting component was first introduced to the show, text messaging was still a relatively new technology and almost exclusively limited to the youth market. Today, text messaging has become almost as popular as voice communication as a way to stay connected while on the go.
This season, AT&T conducted an informal poll on its Web site to get a sense from customers about the role text messaging has played. Poll results are based on the 416 responses submitted March 7 to May 5, 2008.
-- Fifty-one percent said they tend to text more frequently during the
"American Idol" season than other times of the year.
-- Forty-three percent said they discuss "American Idol" with others
via text messaging while watching the show.
-- Twenty-two percent said they first learned to text message by voting
for their favorite Idol contestant.
By texting their votes this season, AT&T's wireless customers helped crown a new "American Idol" champion, David Cook, and made it possible for AT&T to capture a new text messaging milestone for television's No. 1 show.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Lauren Butler of AT&T, +1-404-236-6152, lbutler@attnews.us
Web site: http://www.att.com/
MBSB Announces Market Advances, Information Statement and Name Change
FORT WORTH, Texas, May 22 /PRNewswire-FirstCall/ -- MB Software Corporation (BULLETIN BOARD: MBSB) announced today it has currently filed its Information statement and will change the name of the company to Wound Management Technologies, Inc. The company will be getting a new symbol and new cusip number along with the expansion to 100 million authorized shares. "The company needed a name to better reflect its true mission, focus and technology in Healthcare," stated Scott Haire, CEO. "We firmly believe that we can now grow the business to the next level with our current products."
The company believes that the wound care products it distributes will contribute to market success in long term health care facilities, home care markets, patients with diabetes, emergency applications and quite possibly the military.
CellerateRX(R) is peerless in its simplicity of use and application as an advanced collagen based therapy. It significantly reduces the costs of wound care therapies and is safe, biocompatible and biodegradable. It is important to note that our product can be used with all other current wound care therapies. CellerateRX(R) is available in two forms, a powder and a gel, and both products feature HCPCS codes for reimbursement. The firm has a number of dedicated clients in the medical community with testimonials on effective use, especially in accelerated healing. The company will be expanding its market awareness rapidly over the next year.
"I am delighted to represent this firm and its mission," stated Jonathan Pappie, owner of Capital Pros Network. "This is truly a hardworking team that has culled a market opportunity in a much underserved medical field that has global applications. I have personally tried the product and I was amazed at the collagen based healing benefits that I experienced. I am sure that when the advanced selling process begins that CellerateRX(R) will be a very big success."
About Wound Management Technologies and MB Software
MB Software Corporation (BULLETIN BOARD: MBSB) , with its corporate headquarters in Fort Worth, Texas, markets and distributes wound care products to the healthcare market under patented technology licensed to the Company. The Company is positioned and seeks to be a leading provider of wound care products. For more information on the Company please visit the Company's Website at http://www.celleraterx.com/ .
"Safe Harbor" Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. This document may contain forward-looking statements concerning the Company's operations, current and future performance and financial condition. These items involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, the ability to consummate and integrate acquisitions, and other risks and uncertainties detailed in the Company's SEC filings. The Company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events.
Compensation Disclaimer: Capital Pros Network CPN has been compensated the equivalent of $50,000. in cash from MBSB.OB. Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by Capital Pros Network or MBSB.OB (the "Company"), as well as those contained herein, that are not historical facts are "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934 and, because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Wound Management Technologies, Inc.
CONTACT: Mr. Jonathan Pappie of Capital Pros Network, +1-760-669-9521, Fax: +1-760-281-9130, mrpappie@yahoo.com, jpappie@capitalpros.com
Web site: http://www.celleraterx.com/
AT&T Offers Hyatt a Suite of Global Hosting and Managed SolutionsDeal Positions AT&T as Strategic Hosting Provider for International Hotel Company
CHICAGO, May 22 /PRNewswire-FirstCall/ -- AT&T Inc. today announced a three-year hosting and managed services contract with Global Hyatt Corporation, one of the world's most recognizable hotel brands. Initially, AT&T will provide centralized hosting services for Hyatt.com and for Hyatt's property-management system. During the next two years, Hyatt and AT&T will work closely to migrate numerous other applications to the new hosting environment.
"A true global presence, secure facilities, disciplined processes and a dedication to customer satisfaction were all very important criteria to Hyatt," said Phil LaBelle, vice president, IT Strategy, Architecture and Planning, Global Hyatt Corporation. "As we move to centralize the vast majority of our applications, AT&T has stepped up and continues to provide valuable guidance, support and direction every step of the way."
Initially, Hyatt will use a pair of secure data centers in North America. AT&T will migrate Hyatt's customer-facing Web site to these new data centers, where AT&T will continue to provide secure hosting and around-the-clock monitoring services for Hyatt.com.
In these same two data centers, AT&T will also host Hyatt's property- management system, servicing Hyatt's network of nearly 300 hotels and resorts in North America. With AT&T's aligned advanced hosting capabilities supporting Hyatt's property-management system, Hyatt can optimize its core business services -- locating, scheduling and managing rooms and sites for guests, clients and properties around the globe.
"AT&T continues to be a valuable provider, delivering the solutions and management expertise to drive greater efficiency for Hyatt and our customers -- both online and at our properties," said Jim Lamb, senior vice president, Information Technology, Global Hyatt Corporation. "From our simple online reservation to a friendly, fast checkout, our customers will have more time to enjoy their travels."
Using AT&T's online management portal, Hyatt will receive secure access to ordering and management applications and to billing information, as well as quick and easy snapshots of application and network performance. This tool also simplifies online accounting and data analysis.
About Global Hyatt Corporation
Global Hyatt Corporation, one of the world's premier hotel companies, offers today's travelers more than 730 hotels and resorts (more than 136,000 rooms) in 45 countries. The company's affiliates own, operate, manage and franchise Hyatt-branded hotels and resorts under Park Hyatt(TM), Grand Hyatt(TM), Hyatt Regency(TM), Hyatt Resorts(TM), Hyatt(R), Hyatt Place(R) and Hyatt Summerfield Suites(R) brands. In April 2007, Hyatt launched its newest global brand, Andaz(TM). Global Hyatt Corporation is also the owner of Hyatt Vacation Ownership, Inc. operator of Hyatt Vacation Club and fractional residential properties and U.S. Franchise Systems, Inc, which franchises Hawthorn Suites and Microtel Inns and Suites. From the U.S. and Canada, reservations for any Hyatt hotel worldwide may be obtained by calling 1-800-233-1234, or logging on to http://www.hyatt.com/.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Bryan Blaise of AT&T Inc., +1-312-932-2831, bblaise@attnews.us
Web site: http://www.att.com/ http://www.hyatt.com/
Furniture Manufacturer Will Build Its Future on Integrated Microsoft Dynamics AX and Microsoft Dynamics CRM SolutionsAmerican of Martinsville will implement Microsoft technology to eliminate manual systems and manage products from concept to delivery.
REDMOND, Wash., May 22 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced that American of Martinsville, a Virginia-based contract furniture manufacturer, will closely integrate Microsoft Dynamics AX 4.0 and Microsoft Dynamics CRM 4.0 to automate its current manual processes and significantly improve its master-planning capabilities. American of Martinsville designs and produces furniture for the hospitality, healthcare and senior-living markets.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
Microsoft Dynamics AX, which will improve the accuracy and speed of the company's planning, scheduling and purchasing, is an adaptable business-management solution that provides powerful, role-based, industry-specific functionality for midsize and larger organizations. Microsoft Dynamics CRM, which the company will use to automate its quoting process, project management and customer communications, provides powerful, role-based customer relationship management (CRM) capabilities.
American of Martinsville is working with two Microsoft Gold Certified Partners: Sunrise Technologies, of Winston-Salem, N.C., with its deep expertise in Microsoft Dynamics AX, and Customer Effective Inc., of Greenville, S.C., which specializes in Microsoft Dynamics CRM. The two Microsoft Dynamics solutions will be tightly integrated so that workflow for the front-end and back-end operations of American of Martinsville runs seamlessly, from the order-entry phase all the way through design, master planning, production and delivery.
Before choosing Microsoft, American of Martinsville had also evaluated solutions from SYSPRO, Sage Software Inc., SAP AG and Infor. The company selected Microsoft to replace its 28-year-old Unisys mainframe system with applications that had been developed in-house.
The mainframe system required use of many manual spreadsheet processes with multiple databases for the same information, necessitating duplicate data entry across the company, accompanied by the inherent issues of human error and sluggish workflow. The furniture design process was not connected to manufacturing and delivery. With Microsoft Dynamics AX and Microsoft Dynamics CRM, all aspects of the operation will work harmoniously, sharing integrated data. The company also will implement Microsoft Office SharePoint Server to take advantage of the business portal capability of Microsoft Dynamics AX, along with Microsoft Office PerformancePoint Server to provide analytics from the data. Also integrated into system is a Vertex sales-tax solution.
To take advantage of this integration, American of Martinsville and Sunrise Technologies are implementing a number of Microsoft Dynamics AX 4.0 modules, including financials, e-banking, planning and scheduling, order management, shipping and warehousing, purchasing, inventory, multicurrency and multilanguage capabilities, Enterprise Portal, and field service. For Microsoft Dynamics CRM, working with Customer Effective, the company is implementing modules for project management, quote management and customer communications.
"Microsoft Dynamics AX and Microsoft Dynamics CRM work together as the most flexible system for our needs, and they provide a lot of functionality out of the box," said Yuri Romero, vice president of Information Technology at American of Martinsville. "With Microsoft Dynamics solutions, we will be able to do more business with the same number of people, handle more transactions, have better control of our information, and be more proactive in catching problems early in the process."
"Microsoft Dynamics CRM will be the catalyst for the front-end processes -- using standard functionality to manage interaction with customers and their agents, to document conversations and follow-up, and to schedule workflow and activities," said Michael Pereira, general manager for Sunrise Technologies. "Microsoft Dynamics AX picks up at the point of order entry to automate tasks associated with master scheduling, supply-chain planning and purchasing."
The integration of Microsoft Dynamics AX and Microsoft Dynamics CRM enables American of Martinsville to gain new capabilities in critical areas:
-- Support for company growth. By replacing manual work with automated
processes, American of Martinsville will be able to meet the demands
of additional business. The company produces a large percentage of its
products in China, and the capabilities of Microsoft Dynamics AX and
Microsoft Dynamics CRM enable the company to use Asian currency and
the Mandarin language when managing projects that the company produces
in China.
-- Improved accuracy. Elimination of manual processes and duplication of
data entry will result in fewer mistakes than before. With a single
database, everyone in the company now can work from the same,
up-to-date version of documents and reports. In addition, the company
expects to benefit from an accurate plan for purchasing materials,
resulting in accurate inventories and cost savings from reducing
obsolete inventory.
-- Faster, real-time reporting. Instead of requesting and waiting for
printed reports from a mainframe, employees can simply query the new
database and obtain up-to-date information on their computer screens.
All the data in the system can be retrieved directly, through the Web,
in reports or through the Microsoft Office PerformancePoint Server for
business analytics, offering more options more rapidly. Furthermore,
executives will gain visibility to open projects, track their progress
and make decisions with help from a dashboard view of all open
projects that shows their status, success rates and dollar amounts.
Replacing previously manually written reports, the Microsoft
technology will provide reports on projected schedules, purchase plans
and inventory targets.
-- Time savings. With its old technology, when working with its Shanghai
logistics office, the company needed to recompile spreadsheets and
enter them into the home-office system. With Microsoft Dynamics AX,
however, Shanghai personnel will be able to enter information into the
system directly through the Web or terminal services, reducing the
steps required to complete logistics arrangements.
-- Revenue improvement. Because Microsoft Dynamics CRM will permit
American of Martinsville sales staff to do a better job of tracking
and following up on leads than its previous technology allowed, the
company expects to convert more leads to customers. Previously,
follow-up required locating and examining a number of spreadsheets and
consolidating the information into yet another spreadsheet. Quote
management in Microsoft Dynamics CRM allows follow-up of quotes by
amount, customer and other variables simply by drawing on the digital
database. Sales reporting from Microsoft Dynamics CRM also is expected
to provide better information to target specific businesses and follow
up with them effectively.
-- Better planning. Planning of materials needed for each project, of
scheduling production and delivery, and of forecasting sales and
inventory now will be available with Microsoft Dynamics AX. American
of Martinsville keeps furniture in inventory that will be delivered
when, for example, a hotel chain opens a new location. The Microsoft
technology will allow the company to forecast its inventory needs
accurately and thereby carry out better production planning for the
year than it could do before.
-- Support for IT. Previously, when a manager needed an ad hoc report
that had not been programmed into the mainframe, the company's IT
staff had to create a program to extract the data and present it as
needed. Now, with the user able to generate queries through Microsoft
Dynamics AX and Microsoft Dynamics CRM, the demand on IT resources
will be reduced significantly.
"When we entered the enterprise resource planning (ERP) selection process, we re-engineered our business processes, which now require a high degree of integration that we didn't have before," Romero said. "Microsoft Dynamics AX gives us that integration right out of the box, without the need to write programs. Along with Microsoft Dynamics CRM, it will be the tool to support our company's continued process improvement and will be the enabler for helping us transform the way we run our business."
American of Martinsville anticipates that Microsoft Dynamics solutions will streamline its processes from start to finish, allowing the company to become much more efficient.
"Manufacturers like American of Martinsville are realizing the enormous business value of connecting their sales, design and ordering processes directly with their production and delivery operations to gain powerful improvements in speed, accuracy, business intelligence and customer satisfaction," said Michael Park, corporate vice president for Microsoft's U.S. Dynamics business. "Microsoft Dynamics AX and Microsoft Dynamics CRM offer the flexibility and seamless integration that make these benefits possible."
About American of Martinsville
American of Martinsville designs and manufactures furniture -- from end tables to upholstered chairs to chests of drawers -- for resident rooms, common-room areas, and dining rooms in hotels, senior centers and other facilities. The company's rich history spans more than 100 years.
About Sunrise Technologies
Sunrise Technologies was founded in 1994 and is a Microsoft Gold Certified Partner specializing in the Dynamics AX product line. Microsoft specifically recognizes Sunrise as an industry expert for the furniture industry. Sunrise is headquartered in Winston-Salem, North Carolina, with regional offices in Dallas; Los Angeles; and Xi'an, China.
About Customer Effective
Customer Effective, with headquarters in Greenville, SC., is a leading innovator in customer interaction solutions based on Microsoft Dynamics CRM (customer relationship management). The company is a Microsoft Gold Certified Partner, CRM Consultants and Solution Implementers, having completed hundreds of Microsoft CRM implementations and development projects. With its Capital Effective CRM Suite, the company provides front office solutions for financial services professionals in commercial banking, private equity, investment banks, hedge funds and wealth management. For more information, visit http://www.customereffective.com/.
About Microsoft Dynamics
Microsoft Dynamics is a line of financial, customer relationship and supply chain management solutions that helps businesses work more effectively. Delivered through a network of channel partners providing specialized services, these integrated, adaptable business management solutions work like and with familiar Microsoft software to streamline processes across an entire business.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Microsoft Corp.
CONTACT: Liz Pandzich of Airfoil Public Relations, +1-248-304-1444, Pandzich@airfoilpr.com, for Microsoft Corp.
Web site: http://www.microsoft.com/
NETGEAR to Present at Lehman Brothers' Worldwide Wireless, Wireline and Media Conference
SANTA CLARA, Calif., May 22 /PRNewswire-FirstCall/ -- NETGEAR, Inc. , a worldwide provider of technologically advanced, branded networking products, is scheduled to present at Lehman Brothers' Worldwide Wireless, Wireline and Media Conference in New York City. Christine Gorjanc, Chief Financial Officer, and David Soares, Senior Vice President of Worldwide Sales, will be presenting.
Date: Wednesday May 28, 2008
Time: 11:15 a.m., EDT
Place: The Hilton New York
About NETGEAR, Inc.
NETGEAR(R) designs technologically advanced, branded networking solutions that address the specific needs of small and medium business and home users. The Company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. As an ENERGY STAR(R) partner, NETGEAR offers products that prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the U.S. government. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at http://www.netgear.com/ or call (408) 907-8000.
(C)2008 NETGEAR, Inc. NETGEAR(R) and the NETGEAR logo are trademarks or registered trademarks of NETGEAR, Inc. in the United States and/or other countries. Other brand and product names are trademarks or registered trademarks of their respective holders. Information is subject to change without notice. All rights reserved.
Contacts:
Joseph Villalta
The Ruth Group
(646) 536-7003
jvillalta@theruthgroup.com
NETGEAR, Inc.
CONTACT: Joseph Villalta of The Ruth Group, +1-646-536-7003, jvillalta@theruthgroup.com, for NETGEAR, Inc.
Web site: http://www.netgear.com/
MasterCard Worldwide Names Rob Reeg President of MasterCard Global Technology and Operations
PURCHASE, N.Y., May 22 /PRNewswire/ -- MasterCard Worldwide today announced the appointment of Rob Reeg as President, MasterCard Global Technology and Operations, a position Mr. Reeg has held on an interim basis since January 2008. MasterCard Global Technology and Operations (GTO) has its headquarters outside St. Louis and operations around the world.
(Logo: http://www.newscom.com/cgi-bin/prnh/20061031/MCLOGO )
In announcing Mr. Reeg's appointment, Robert W. Selander, MasterCard President and CEO, said, "Rob Reeg is a valued long-time leader of MasterCard, and we are pleased to have Rob continue to direct our technology development and oversee the global MasterCard transaction processing network. Among other accomplishments, Rob has helped develop the company's processing platform and seamless global network -- a key competitive asset."
Mr. Reeg succeeds W. Roy Dunbar, who concluded his employment with MasterCard in January 2008 to become chief executive officer of a company outside the payments industry.
Mr. Reeg, 52, is a 13-year veteran of MasterCard. He was named MasterCard chief technology officer in 2005, and in that role he was responsible for computer operations, network engineering, technology architecture, database management, program management, information security and software testing and quality. Mr. Reeg led the company's core processing systems reengineering effort, resulting in the leading payments processing platform in the industry. Anchored by clearing, authorization and settlement systems, the platform greatly enhances business functionality for MasterCard's financial-institution customers while leveraging economies of scale.
From its headquarters, MasterCard GTO manages its operations in 210 countries and territories, including major processing centers in Brussels, Sydney and Chennai. For 25,000 financial institutions, the MasterCard network in 2007 processed 18.7 billion transactions with a gross dollar volume of $2.3 trillion. The MasterCard network has the capacity to handle 140 million transactions per hour with a response time of 140 milliseconds and 99.999 percent network availability.
Before joining MasterCard, Mr. Reeg held IT and business leadership positions at Sprint Corp., Cleveland Pneumatic, Totco, Inc. and Conoco, Inc.
Mr. Reeg, who has been named one of Computerworld magazine's Premier 100 IT Leaders, this year will assume the role of chairman of the board of directors of St. Louis-based Junior Achievement of the Mississippi Valley.
In addition, he holds several board memberships including the Unitech Systems Customer Advisory Board, the Washington University Professional Degree Programs Academic Advisory Board, the University of Missouri-St. Louis Leadership Council and the United Way-St. Louis Technology Committee. He has been recognized with the Northwestern Oklahoma State University Outstanding Business/Professional Graduate Award.
About MasterCard Worldwide
MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 18 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard(R), Maestro(R) and Cirrus(R), MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to http://www.mastercard.com/.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20061031/MCLOGO PRN Photo Desk, photodesk@prnewswire.com
MasterCard Worldwide
CONTACT: Nancy Tully, MasterCard Worldwide, +1-636-722-7782, nancy_tully@mastercard.com
Web site: http://www.mastercard.com/
KIT digital Enters Into Definitive Agreement to Acquire Kamera Content ABCompany expands European and Asian footprint and extends suite of IPTV solutions into mobile video
STOCKHOLM, Sweden, May 22 /PRNewswire-FirstCall/ -- KIT digital, Inc. (formerly ROO Group) (BULLETIN BOARD: RGRP) , a global provider of IPTV enablement technology and video-centric interactive marketing solutions, announced today that it has entered into a definitive agreement for the acquisition of Stockholm-based Kamera Content AB. The acquisition, which abides by the terms and conditions of the previously announced Letter of Intent between the companies, significantly expands the European and Asian presence of KIT digital, while adding market-leading mobile video capabilities to its product offerings.
Management believes that the combined company, with more than 200 corporate clients and over US$2 million in revenues per month, constitutes the leading device-agnostic provider of B2B, enterprise-class Internet and mobile TV enablement solutions.
Kaleil Isaza Tuzman, chairman and CEO of KIT digital, commented, "Our combined company has leading video-over-IP solutions, quality recurring revenues, and a marketing solutions-focused salesforce. As a result of this merger, we will review and expect to re-classify certain of our operational cost categories in our 2Q financials. Looking ahead, we expect our combined gross margins to be 65%+, and we target revenues of $2.5+ million per month with cash flow break-even at some point in the fourth quarter of this year. It's an exciting time at KIT digital and we feel that the market has not yet fully appreciated where we are developmentally."
Mr. Isaza Tuzman continued, "We are also pleased that we were able to structure the Kamera acquisition in such a way as to minimize dilution to existing KIT digital shareholders-with future stock or cash payments (at our option) which are subject to performance thresholds that, if reached, bode very well for the combined entity."
Under the terms of the agreement-which were previously announced in general form-KIT digital acquires 100% of Kamera capital stock for approximately US$4.5 million in cash upfront (less $300,000 already paid under a Content Distribution Agreement executed on March 12, 2008 between the companies). Subject to certain performance thresholds, an additional US$6.0 million in KIT digital common stock (or cash, at the election of KIT digital) will be paid to Kamera shareholders, to be priced at future trading prices of shares in KIT digital, and disbursed between months 6 and 21 after closing. Closing of the transaction, which is expected within weeks, is subject to certain corporate filings and administrative matters under Swedish law.
In 2007, on a standalone basis, Kamera generated approximately US$2.9 million of unaudited annual revenues and Kamera management recently projected 2008 standalone revenues of US$5.7 million.
*****************
Kamera offers a wide range of video content to an established base of over 110 clients, including 40+ mobile operators and 70+ broadband media publishers. Through its proprietary software and content distribution agreements, Kamera enables corporate clients such as Vodafone, MSN, Orange, Telefonica, O2, Hutchinson and China Mobile to deliver IPTV channels and content to their customers over mobile and online networks. The mobile and online distribution channels of Kamera reach more than 250 million users in Europe, the Middle East, Africa and Asia, and can be used to target well-defined groups or wide audiences. Kamera currently offers content in multiple languages, including English, German, Spanish, Swedish, Danish, Arabic, Russian, Polish and Mandarin.
With the addition of Kamera, KIT digital expands its capability to globally syndicate professionally produced video content to mobile phone users. Additionally, KIT has expanded its already strong content library with localized clips from ABC News, Associated Press (AP), SNTV and other providers. Kamera also brings to KIT digital a proprietary technology that allows for video content to be transcoded into any mobile/digital format nearly instantaneously.
"IMG already works with both Kamera and KIT digital to syndicate our clients' content around the world," said Dipesh Morjaria, Head of Digital Media Sales for IMG Media. "We now anticipate that the integration of KIT and Kamera will benefit IMG and our clients even further and, going forward, we are keen to expand our partnership with the newly integrated company."
A December 2007 ABI Research report predicts the opportunity for mobile video services to produce a compound annual growth rate of nearly 60%, amounting to $10 billion globally in 2012. According to Nielsen Mobile, today, in the United States, only about 7% of mobile subscribers (voice and data) watch video on their phones. But the analyst organization predicts that the industry is poised for major growth: Mobile video revenues at domestic carriers, for example, jumped to $308 million in the last three months of 2007 from $112 million in the same period a year earlier. For context, the U.S. is generally considered amongst the world's slowest growth markets with respects to video-over-mobile use.
Henrik Eklund, chief executive officer of Kamera, commented: "By merging with KIT digital, we expect to achieve global reach with our mobile video technology. Over the years, we have built up a strong client base in Northern and Continental Europe, and recently have had success penetrating the Asian and Middle Eastern markets. We recognize that both Internet and mobile TV are poised to grow more in the emerging markets over the next decade than in North America in particular-and these global markets are where KIT digital is focused, with feet on the ground."
Gartner expects revenue from global TV services over mobile phones to grow from approximately US$100 million in 2006 to US$15 billion by 2010. IDC Research projects that global IPTV revenues will top US$17 billion by 2010. The same research projects that the wireless telecom industry in Asia will grow to US$242 billion by the end of 2010 and online video revenue in the Asia/Pacific sector will reach US$2.87 billion by 2011. In China alone, the number of mobile TV subscribers is projected to grow to 94 million by 2009.
"KIT digital is focused on IPTV-driven growth in the context of cost discipline and our 4Q target for achieving cash-flow breakeven," explained Gavin Campion, president of KIT digital. "Through this prism, the acquisition of Kamera made eminent sense: we believe that it will be cash-flow accretive to our operations, and we see an excellent fit with respect to business culture, platform technology, and geographical footprint-the EMEA and Asia focus in particular. We are already in the process of marketing KIT's new mobile video capabilities to our existing roster of clients, and we'll market our full-line of web solutions to Kamera's existing client base."
Acquisition Benefits
The combination of KIT digital and Kamera unites two innovating companies, serving media, automotive, financial services, retail and other global brands looking to leverage the power of IPTV.
Key strengths expected from the combination include:
-- Expansion into mobile distribution. The addition of Kamera vaults KIT
into the mobile TV distribution space, where currently there is no
clear leader;
-- Increased geographical market presence, with Kamera's clients
primarily located in Continental Europe, Middle East and Asia;
-- Enhanced cross-selling opportunities to both the existing Kamera and
KIT digital web-oriented client bases;
-- Kamera's proprietary content management/localization software makes
video content locally relevant (through language overlay and editing
systems) for distribution partners (both on the mobile and broadband
sides);
-- Increased revenue growth, profitability and cash flow over time. KIT
digital's global business development team expands Kamera's product
reach, and Kamera's results support KIT digital's commitment to become
cash flow positive during the fourth quarter of 2008;
-- Cost synergies for the combined company in content acquisition and
ingestion, as well as European operations.
-- Seasoned management and business development team at Kamera, rooted in
the mobile-savvy Northern European markets, possessing unparalleled
experience in mobile TV distribution.
About Kamera
Kamera works with the Associated Press, Disney-ABC, SNTV, and other blue-chip content owners to package and distribute an extensive array of time-sensitive, IPTV content which is carried by over 70 online corporate customers and over 40 mobile carriers worldwide. Kamera's headquarters are in Stockholm, with local offices in Singapore and Cairo. For additional information, please visit http://www.kamera.com/.
About KIT digital
KIT digital, Inc. (formerly ROO Group) (BULLETIN BOARD: RGRP) is a leading, global provider of proprietary video distribution technologies and video-centric interactive marketing solutions. Through its end-to-end platform, KIT digital works closely with consumer brands and content providers to maximize the value of video content via the Internet. The KIT platform allows clients to publish, manage and distribute digital video content, build online communities and integrate advertising. In addition, enterprises can access approximately 100 KIT-syndicated channels and 40,000 KIT-syndicated videos. Through its wholly owned subsidiary, Sputnik Agency, the Company offers businesses a full range of interactive marketing solutions. KIT digital clients include News Corp., Verizon, K-Mart, NASDAQ, Hummer and RCS. KIT digital has principal offices in Dubai, Melbourne (Australia), New York, and London. For additional information, please visit http://www.kit-digital.com/.
Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of KIT digital, Inc. ("the Company"), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/.
KIT digital, Inc.
CONTACT: Todd Fromer, Investor Relations, +1-212-896-1215, tfromer@kcsa.com, or Lewis Goldberg, Public Relations, +1-212-896-1216, lgoldberg@kcsa.com, both of KCSA Strategic Communications for KIT digital, Inc.
Web site: http://www.kit-digital.com/ http://www.kamera.com/
KIT digital Enters Into Definitive Agreement to Acquire Kamera Content AB
STOCKHOLM, Sweden, May 22 /PRNewswire/ --
- Company expands European and Asian footprint and extends suite of IPTV
solutions into mobile video
KIT digital, Inc. (formerly ROO Group) (OTC Bulletin Board: RGRP), a
global provider of IPTV enablement technology and video-centric interactive
marketing solutions, announced today that it has entered into a definitive
agreement for the acquisition of Stockholm-based Kamera Content AB. The
acquisition, which abides by the terms and conditions of the previously
announced Letter of Intent between the companies, significantly expands the
European and Asian presence of KIT digital, while adding market-leading
mobile video capabilities to its product offerings.
Management believes that the combined company, with more than 200
corporate clients and over US$2 million in revenues per month, constitutes
the leading device-agnostic provider of B2B, enterprise-class Internet and
mobile TV enablement solutions.
Kaleil Isaza Tuzman, chairman and CEO of KIT digital, commented, "Our
combined company has leading video-over-IP solutions, quality recurring
revenues, and a marketing solutions-focused salesforce. As a result of this
merger, we will review and expect to re-classify certain of our operational
cost categories in our 2Q financials. Looking ahead, we expect our combined
gross margins to be 65%+, and we target revenues of US$2.5+ million per month
with cash flow break-even at some point in the fourth quarter of this year.
It's an exciting time at KIT digital and we feel that the market has not yet
fully appreciated where we are developmentally."
Mr. Isaza Tuzman continued, "We are also pleased that we were able to
structure the Kamera acquisition in such a way as to minimize dilution to
existing KIT digital shareholders-with future stock or cash payments (at our
option) which are subject to performance thresholds that, if reached, bode
very well for the combined entity."
Under the terms of the agreement-which were previously announced in
general form-KIT digital acquires 100% of Kamera capital stock for
approximately US$4.5 million in cash upfront (less US$300,000 already paid
under a Content Distribution Agreement executed on March 12, 2008 between the
companies). Subject to certain performance thresholds, an additional US$6.0
million in KIT digital common stock (or cash, at the election of KIT digital)
will be paid to Kamera shareholders, to be priced at future trading prices of
shares in KIT digital, and disbursed between months 6 and 21 after closing.
Closing of the transaction, which is expected within weeks, is subject to
certain corporate filings and administrative matters under Swedish law.
In 2007, on a standalone basis, Kamera generated approximately US$2.9
million of unaudited annual revenues and Kamera management recently projected
2008 standalone revenues of US$5.7 million.
*****************
Kamera offers a wide range of video content to an established base of
over 110 clients, including 40+ mobile operators and 70+ broadband media
publishers. Through its proprietary software and content distribution
agreements, Kamera enables corporate clients such as Vodafone, MSN, Orange,
Telefonica, O2, Hutchinson and China Mobile to deliver IPTV channels and
content to their customers over mobile and online networks. The mobile and
online distribution channels of Kamera reach more than 250 million users in
Europe, the Middle East, Africa and Asia, and can be used to target
well-defined groups or wide audiences. Kamera currently offers content in
multiple languages, including English, German, Spanish, Swedish, Danish,
Arabic, Russian, Polish and Mandarin.
With the addition of Kamera, KIT digital expands its capability to
globally syndicate professionally produced video content to mobile phone
users. Additionally, KIT has expanded its already strong content library with
localized clips from ABC News, Associated Press (AP), SNTV and other
providers. Kamera also brings to KIT digital a proprietary technology that
allows for video content to be transcoded into any mobile/digital format
nearly instantaneously.
"IMG already works with both Kamera and KIT digital to syndicate our
clients' content around the world," said Dipesh Morjaria, Head of Digital
Media Sales for IMG Media. "We now anticipate that the integration of KIT and
Kamera will benefit IMG and our clients even further and, going forward, we
are keen to expand our partnership with the newly integrated company."
A December 2007 ABI Research report predicts the opportunity for mobile
video services to produce a compound annual growth rate of nearly 60%,
amounting to US$10 billion globally in 2012. According to Nielsen Mobile,
today, in the United States, only about 7% of mobile subscribers (voice and
data) watch video on their phones. But the analyst organization predicts that
the industry is poised for major growth: Mobile video revenues at domestic
carriers, for example, jumped to US$308 million in the last three months of
2007 from US$112 million in the same period a year earlier. For context, the
U.S. is generally considered amongst the world's slowest growth markets with
respects to video-over-mobile use.
Henrik Eklund, chief executive officer of Kamera, commented: "By merging
with KIT digital, we expect to achieve global reach with our mobile video
technology. Over the years, we have built up a strong client base in Northern
and Continental Europe, and recently have had success penetrating the Asian
and Middle Eastern markets. We recognize that both Internet and mobile TV are
poised to grow more in the emerging markets over the next decade than in
North America in particular-and these global markets are where KIT digital is
focused, with feet on the ground."
Gartner expects revenue from global TV services over mobile phones to
grow from approximately US$100 million in 2006 to US$15 billion by 2010. IDC
Research projects that global IPTV revenues will top US$17 billion by 2010.
The same research projects that the wireless telecom industry in Asia will
grow to US$242 billion by the end of 2010 and online video revenue in the
Asia/Pacific sector will reach US$2.87 billion by 2011. In China alone, the
number of mobile TV subscribers is projected to grow to 94 million by 2009.
"KIT digital is focused on IPTV-driven growth in the context of cost
discipline and our 4Q target for achieving cash-flow breakeven," explained
Gavin Campion, president of KIT digital. "Through this prism, the acquisition
of Kamera made eminent sense: we believe that it will be cash-flow accretive
to our operations, and we see an excellent fit with respect to business
culture, platform technology, and geographical footprint-the EMEA and Asia
focus in particular. We are already in the process of marketing KIT's new
mobile video capabilities to our existing roster of clients, and we'll market
our full-line of web solutions to Kamera's existing client base."
Acquisition Benefits
The combination of KIT digital and Kamera unites two innovating
companies, serving media, automotive, financial services, retail and other
global brands looking to leverage the power of IPTV.
Key strengths expected from the combination include:
-- Expansion into mobile distribution. The addition of Kamera vaults KIT
into the mobile TV distribution space, where currently there is no
clear leader;
-- Increased geographical market presence, with Kamera's clients
primarily located in Continental Europe, Middle East and Asia;
-- Enhanced cross-selling opportunities to both the existing Kamera and
KIT digital web-oriented client bases;
-- Kamera's proprietary content management/localization software makes
video content locally relevant (through language overlay and editing
systems) for distribution partners (both on the mobile and broadband
sides);
-- Increased revenue growth, profitability and cash flow over time. KIT
digital's global business development team expands Kamera's product
reach, and Kamera's results support KIT digital's commitment to
become cash flow positive during the fourth quarter of 2008;
-- Cost synergies for the combined company in content acquisition and
ingestion, as well as European operations.
-- Seasoned management and business development team at Kamera, rooted
in the mobile-savvy Northern European markets, possessing
unparalleled experience in mobile TV distribution.
About Kamera
Kamera works with the Associated Press, Disney-ABC, SNTV, and other
blue-chip content owners to package and distribute an extensive array of
time-sensitive, IPTV content which is carried by over 70 online corporate
customers and over 40 mobile carriers worldwide. Kamera's headquarters are in
Stockholm, with local offices in Singapore and Cairo. For additional
information, please visit www.kamera.com.
About KIT digital
KIT digital, Inc. (formerly ROO Group) (OTC Bulletin Board: RGRP) is a
leading, global provider of proprietary video distribution technologies and
video-centric interactive marketing solutions. Through its end-to-end
platform, KIT digital works closely with consumer brands and content
providers to maximize the value of video content via the Internet. The KIT
platform allows clients to publish, manage and distribute digital video
content, build online communities and integrate advertising. In addition,
enterprises can access approximately 100 KIT-syndicated channels and 40,000
KIT-syndicated videos. Through its wholly owned subsidiary, Sputnik Agency,
the Company offers businesses a full range of interactive marketing
solutions. KIT digital clients include News Corp., Verizon, K-Mart, NASDAQ,
Hummer and RCS. KIT digital has principal offices in Dubai, Melbourne
(Australia), New York, and London. For additional information, please visit
www.kit-digital.com.
Certain statements in this document constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause the actual results,
performance or achievements of KIT digital, Inc. ("the Company"), or industry
results, to be materially different from any future results, performance, or
achievements expressed or implied by such forward-looking statements. The
Company's future operating results are dependent upon many factors, including
but not limited to the Company's ability to: (i) obtain sufficient capital or
a strategic business arrangement to fund its plan of operations when needed;
(ii) build the management and human resources and infrastructure necessary to
support the growth of its business; (iii) competitive factors and
developments beyond the Company's control; and (iv) other risk factors
discussed in the Company's periodic filings with the Securities and Exchange
Commission, which are available for review at www.sec.gov.
Web site: http://www.kit-digital.com
http://www.kamera.com
KIT digital, Inc.
Todd Fromer, Investor Relations, +1-212-896-1215, tfromer@kcsa.com, or Lewis Goldberg, Public Relations, +1-212-896-1216, lgoldberg@kcsa.com, both of KCSA Strategic Communications for KIT digital, Inc.
TigerLogic Corporation Announces New 4.3.1 Release of Omnis Studio
IRVINE, California, May 22 /PRNewswire/ --
- Extending the Ability to Build Enterprise and Web Applications,
Quickly and Easily
-- Full Support for Omnis Studio on Windows Vista and Mac OS X "Leopard"
-- Native Access for the Open-source PostgreSQL Database
-- Greater Provision for Unicode and Foreign Character Sets
-- Now Provides Access to Microsoft .NET Functionality
-- Enhancements to the Omnis Version Control System (VCS)
TigerLogic Corporation (Nasdaq: TIGR), formerly Raining Data Corporation,
a long-time provider of scalable, flexible and reliable data management
software and application development tools products for creating Web-centric
business software, is pleased to announce the general availability of Omnis
Studio 4.3.1 rapid application development (RAD) tool. This latest release
specifically improves the appearance and behavior of Omnis Studio running
under Mac OS X 10.5 "Leopard." Omnis Studio 4.3.1 greatly extends the ability
of Omnis to provide fast and easy-to-use tools for Windows, Mac and Linux
application developers. New features offer an overall improved Web
application developer and Web user experience.
"The Studio 4.3.1 release builds on our already strong support for
cross-platform, multi-database application development in Omnis.
Considering the Omnis native support for all leading databases, such as
MySQL, PostgreSQL, and Oracle, and its ability to integrate many other
technologies, including .NET, Java and Web Services, we believe Omnis
uniquely provides developers with the opportunity to create desktop or
Web-based applications under Windows, Mac OS X, and Linux, for any size of
company, and in any market sector. No other tool provides this power and
flexibility," commented Bob Whiting, Omnis Product Manager and General
Manager of Raining Data UK Limited, a subsidiary of TigerLogic Corporation.
Availability
Omnis Studio 4.3.1 is available for download from our Website at:
http://www.omnis.net. DVD media that includes both the Non-Unicode and
Unicode versions for all supported platforms, Windows, Mac and Linux, will be
available soon. To learn more about Omnis Studio, go to
http://www.omnis.net/products/studio/index.html.
A free trial version of Omnis Studio is available. To download an
evaluation copy, please register at
http://www.omnis.net/download/index.html?detail=studioeval.
About Omnis Studio
Omnis Studio is a high-performance visual RAD tool that provides a
component-based environment for building Web and enterprise, client/server
applications. Its Web Client plug-in technology allows server-based
applications to be accessed over the Internet using popular Web-browsers,
giving fast, secure, scalable solutions in a minimum of development time.
With complete scalability from individual to enterprise level solutions,
Omnis applications can be developed on any one supported platform and
deployed on any other platform without modification. Supported platforms
include, Windows XP and Vista, Mac OS X, and Linux, with full Unicode
support. Omnis directly supports traditional SQL databases such as MySQL,
PostgreSQL, Oracle, Sybase, and DB2, as well as TigerLogic's advanced
multidimensional database, D3, via the mvDesigner product. Most other
databases may be accessed via JDBC or ODBC. Omnis Studio dramatically cuts
application development time compared to 3GL environments (C++, Java), while
allowing the developer to use objects developed in 3GL environments as
components in Omnis applications.
About TigerLogic Corporation
TigerLogic's installed customer base includes more than 500,000 active
users representing more than 20,000 customer sites worldwide, with a
significant base of diverse vertical applications. With more than 100
employees and contractors worldwide, TigerLogic offers 24x7 customer support
services and maintains a strong international presence. More information
about TigerLogic and its products can be found at http://www.tigerlogic.com.
Except for the historical statements contained herein, the foregoing
release may contain forward-looking statements. These forward-looking
statements are subject to risks and uncertainties, and actual results could
differ materially due to several factors, including but not limited to the
success of the Company's research and development efforts to develop new
products and to penetrate new markets, the market acceptance of the Company's
new products and updates, technical risks related to such products and
updates, the Company's ability to maintain market share for its existing
products, the availability of adequate liquidity and other risks and
uncertainties. Please consult the various reports and documents filed by the
Company with the U.S. Securities and Exchange Commission, including but not
limited to the Company's most recent reports on Form 10-KSB and Form 10-QSB
for factors potentially affecting the Company's future financial results. All
forward-looking statements are made as of the date hereof and the Company
disclaims any responsibility to update or revise any forward-looking
statement provided in this news release. The Company's results for the
quarter ended December 31, 2007 are not necessarily indicative of the
Company's operating results for any future periods.
TigerLogic, ChunkIt!, Raining Data, Pick, mvDesigner, D3, mvEnterprise,
mvBase, Omnis, and Omnis Studio are trademarks of TigerLogic Corporation. All
other trademarks and registered trademarks are properties of their respective
owners.
Web site: http://www.tigerlogic.com
http://www.omnis.net
TigerLogic Corporation
Bob Whiting, Omnis Product Manager and General Manager of Raining Data UK Limited, a subsidiary of TigerLogic Corporation, +1-949-442-4400, Fax, +1-949-250-8187, bob.whiting@tigerlogic.com
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