Companies news of 2008-05-23 (page 1)
Conolog Announces Orders of $381,000 for April 2008SHAREHOLDERS APPROVE ONE-FOR-FOUR...
GCI Receives Delisting Notice From Nasdaq
PSi Technologies Reports First Quarter 2008 Results
United Technologies Corp. Advisory to Securities Analysts, Investors and News Media
uBid.com Holdings, Inc. Streamlines OperationsAnnounces Closing of Bidville.comAsset...
Flextronics to Report First Quarter Results
Actel Discusses Power Issues and System Management Solutions at MicroTCA Summit
Level 3 SVP and Treasurer Robin Grey to Speak at Investor Conferences
PlanGraphics Kicks Off Multi-Agency GIS Project in Dawson County, Ga.
NightHawk Radiology Holdings, Inc. to Speak at the Goldman Sachs 29th Annual Global...
Sify Technologies to Report Fourth Quarter and Fiscal Year 2007-08 Fiscal Financial...
Demand Climbs for Wireless Voice, Multimedia and Internet Access in CaliforniaVerizon...
U.S. Retail e-Commerce Growth Rate Rebounds in April After Soft MarchcomScore Accurately...
Verizon Wireless and Korean Superstar 'Se7en' Celebrate Asian Pacific American Heritage...
Dimension Data Positioned in the Challengers Quadrant for North America Managed and...
Verizon Wireless Expands High-Speed Wireless Network to Batesville, IndianaHigh-Speed...
TDS Announces Second Quarter 2008 Dividend
General Dynamics Receives $6 Million Contract Modification for Nuclear Submarine...
Seven Summits Research Releases Alerts on C, AMAT, CHK, SPG, and NIHD
L.N. Curtis & Sons and AT&T Extend 79-Year Relationship Via New Network Services Contract
Raytheon Achieves Operational Milestone for Distributed Common Ground System Block 10.2...
Text Messages Sent Over Verizon Wireless Network Hit Record HighCompany puts customers in...
CVDT's Newly Acquired Beijing PowerUnique Technologies Co., Ltd. Forms Alliance with...
NVIDIA to Host Annual Meeting of Stockholders
Albany County Residents to Benefit from Verizon Wireless Network ExpansionInvesting to...
ICOP Digital Receives Orders from Police Agencies in Washington and North Carolina
Hop-On Releases $10 'Anti-iPhone'Spartan Cell Phone Loses the Display, Gains Convenience
The Bahamas Leaps Forward with Next Generation Network from Sonus NetworksMarket Leader...
Atheros to Present at Cowen, Lehman Conferences
Conolog Announces Orders of $381,000 for April 2008SHAREHOLDERS APPROVE ONE-FOR-FOUR REVERSE SPLIT
SOMERVILLE, N.J., May 23 /PRNewswire-FirstCall/ -- Conolog Corporation , an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today that for the month of April 2008, the Company received a total of $381,000 in new orders and shareholder approval for a one-for-four reverse split of the Corporation's common shares.
Chairman of Conolog Robert Benou stated, "Our products continue to confirm market acceptance and we welcome new and existing customers to our product offerings. The Company will continue to expand its marketing efforts and is focused on expanding sales, product applications, related software and production capacity throughout 2008."
Benou added that at a Special Meeting of the Company's shareholders held on May 21, 2008, the Company's shareholders approved a proposed amendment to the Company's certificate of incorporation to effect a one-for-four reverse split of the Company's common stock which was subsequently approved by the Company's Board of Directors.
About Conolog Corporation
Conolog Corporation is a provider of digital signal processing and digital security solutions to electric utilities worldwide. The Company designs and manufactures electromagnetic products to the military and provides engineering and design services to a variety of industries, government organizations and public utilities nationwide. The Company's INIVEN division manufactures a line of digital signal processing systems, including transmitters, receivers and multiplexers.
Contact: Conolog Corporation: Robert Benou, Chairman, 908/722-8081
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products introduced by competitors, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. There can be no assurance that utilities will purchase any of our systems.
Conolog Corporation
CONTACT: Robert Benou, Chairman of Conolog Corporation, +1-908-722-8081
Web site: http://www.conolog.com/
GCI Receives Delisting Notice From Nasdaq
ANCHORAGE, Alaska, May 23 /PRNewswire-FirstCall/ -- General Communication, Inc. ("GCI") announced that it received a Staff Determination Letter from Nasdaq on May 20, 2008 indicating that GCI's common stock is subject to delisting from The Nasdaq Stock Market. The letter stated that GCI is not in compliance with Nasdaq Marketplace Rule 4310(c)(14), which requires the company to file all required reports with the Securities and Exchange Commission within the required time periods, because GCI has not timely filed with Nasdaq its Quarterly Report on Form 10-Q for the period ended March 31, 2008 (the "Form 10-Q").
GCI will appeal the determination and request a hearing before a Nasdaq Listing Qualifications Panel (the "Panel"), which will automatically stay delisting of the company's common stock pending the Panel's review and determination.
As previously announced, GCI was unable to file its Form 10-Q by the prescribed due date because it is currently assessing the impact of an error in calculating depreciation in the initial year an asset is placed in service, and for capitalizing interest on certain assets. GCI is currently engaged in resolving this error and preparing the financial statements and disclosures for the Form 10-Q.
GCI is the largest Alaska-based and operated integrated telecommunications provider. A pioneer in bundled services, GCI provides local, wireless, and long distance telephone, cable television, Internet and data communication services. More information about the company can be found at http://www.gci.com/.
General Communication, Inc.
CONTACT: John Lowber, +1-907-868-5628, jlowber@gci.com, or Bruce Broquet, +1-907-868-6660, bbroquet@gci.com, or David Morris, +1-907-265-5396, dmorris@gci.com, all of General Communication, Inc.
Web Site: http://www.gci.com/
PSi Technologies Reports First Quarter 2008 Results
MANILA, Philippines, May 23 /PRNewswire-FirstCall/ -- PSi Technologies Holdings, Inc., , a leading independent provider of assembly and test services for the power semiconductor market, today announced financial results for the first quarter ended March 31, 2008:
First Quarter Financial Results
The first quarter revenue totaled $21.5 million, a decrease of 8.5% compared to $23.5 million in the fourth quarter of 2007, and a decline of 13.0% as compared to the same quarter in 2007. The decrease in sales over the first quarter of 2008 was primarily due to the downturn in customer orders of power packages for high power, medium current and fast-switching devices. These are commonly used for home appliances, office and industrial equipment, and personal and consumer electronic applications.
The top five customers for the first quarter of 2008 (in alphabetical order) were Infineon Technologies, NXP Semiconductors, ON Semiconductors, Power Integrations, and ST Microelectronics. The products assembled and tested for these customers are used in various end user applications, such as automotive systems, consumer electronics, communications equipment, industrial applications, home appliances and PC motherboards.
The cost of sales decreased to $21.1 million in the first quarter of 2008 from $22.7 million in the fourth quarter of 2007. The decrease was largely driven by lower sales volume, savings through effective manpower alignment, savings in machineries and equipment related expenses, reduction in power consumption and cost per kilowatt and other factory overhead savings.
Gross profit for the first quarter of 2008 decreased to $0.4 million compared to $0.8 million during the fourth quarter of 2007, primarily due to lower sales volume in the latest period.
Operating expenses in the first quarter of 2008 of $2.5 million were lower by 2.3% as compared to the fourth quarter of 2007. This is mainly due to savings in the cost of materials for research and development, marketing-related expenses and employee benefit costs.
Net loss decreased to $3.2 million for the first quarter of 2008 from $3.3 in the fourth quarter of 2007 largely due to lower foreign exchange losses.
Balance Sheet Highlights
Cash and cash equivalents totaled $4.6 million as of March 31, 2008, compared to $5.9 million as of December 31, 2007. The decrease in cash is largely attributable to lower sales during the first quarter of 2008 compared to the fourth quarter of 2007.
The increase in other current assets, from $0.8 million last December 31, 2007 to $1.1 million in the first quarter of 2008 is primarily due to pre-payments related to lease and insurance.
New acquisitions in property, plant and equipment totaled $1.2 million during the first quarter of 2008. These expenditures are mostly related to equipment retooling and refurbishment to improve quality and efficiency.
Total current liabilities increased by $0.8 million, from $33.4 million as of December 31, 2007 to $34.2 million as of March 31, 2008, mainly due to increase in trade and capital liabilities.
Non-current liabilities account includes the carrying amount of $7.1 million Exchangeable Notes issued in July 2003 and June 2005, net of discount representing the embedded conversion feature of the Note.
Business Outlook
Arthur J. Young, Jr., Chairman and CEO said, "The first quarter of 2008 was a very challenging period as inventory adjustments and weaknesses in demand from some of our key customers drove down our overall business. On the positive side, we have started the quarter with a healthier loading plan and continue to see month-to-month improvements. Moreover, we have positive developments in our new power management package portfolio, such as our QFN and Single Gauge DPAK. Our recent successful qualifications for Four Taiwan-based companies indicate that we are on the right track towards customer base diversity and better package mix. Although we are enthusiastic and optimistic with regards to the improving business environment, we remain cautious and focused on improving our customer base and enhancing our margins."
George A. Shaw, Chief Operating Officer said, "For the first quarter of 2008, several customers started the new year with caution that led to lower production volumes. However, during the first quarter, we completed the qualification phase of the Single Gauge DPAK for several new customers and initiated development programs for new customers for custom power packages, with expected production in the third and fourth quarters of 2008. With regards to our existing packages, our continuous improvement activities led to new low-cost versions for our volume runners. We are also continuing our focus on the Quality First initiative, and as a result, both of our factories continue to show improvement in operating metrics. We started the second quarter with much better loading, and we are seeing an improved market situation as compared to the first quarter."
About PSi Technologies
PSi Technologies is a focused independent semiconductor assembly and test service provider to the power semiconductor market. The Company provides comprehensive package design, assembly and test services for power semiconductors used in telecommunications and networking systems, computers and computer peripherals, consumer electronics, electronic office equipment, automotive systems and industrial products. Their customers include most of the major power semiconductor manufacturers in the world such as Infineon Technologies, ON Semiconductor, Philips Semiconductor, and ST Microelectronics. For more information, visit the Company's web site at http://www.psitechnologies.com/ or call:
At PSi Technologies Holdings, Inc.:
Larry Cajucom
(63 2) 838 4489
lvcajucomjr@psitechnologies.com.ph
At Financial Relations Board:
Lasse Glassen
(213) 486 6546
lglassen@financialrelationsboard.com
This press release contains forward-looking statements that involve risks and uncertainties. Actual results and outcomes may differ materially. Factors that might cause a difference include, but are not limited to, those relating to the pace of development and market acceptance of PSi's products and the power semiconductor market generally, commercialization and technological delays or difficulties, the impact of competitive products and technologies, competitive pricing pressures, manufacturing risks, the possibility of our products infringing patents and other intellectual property of third parties, product defects, costs of product development, manufacturing and government regulation, risks inherent in emerging markets, including but not limited to, currency volatility and depreciation, restricted access to financing and political and social unrest and the possibility that the initiatives described herein may not produce the intended results. PSi undertakes no responsibility to update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect PSi's financial results is included in the documents PSi files from time to time with the Securities and Exchange Commission.
-Financial Tables Follow-
PSi Technologies Holdings, Inc.
Unaudited Income Statement
(In US Dollars)
For the Three Months Ended
31-Mar-08 31-Dec-07 31-Mar-07
Unaudited Unaudited Unaudited
REVENUES $21,458,501 $23,460,578 $24,678,665
COST OF SALES 21,104,906 22,674,157 23,365,970
GROSS PROFIT 353,595 786,422 1,312,695
OPERATING EXPENSES
Research and development 330,709 374,991 251,799
Administrative expenses 1,986,388 1,996,723 1,677,232
Marketing expenses 196,380 200,582 229,475
Total Operating Expenses 2,513,477 2,572,296 2,158,506
LOSS FROM CONTINUING OPERATIONS (2,159,882) (1,785,874) (845,811)
Interest and bank charges-net (235,157) (221,217) (252,664)
Foreign exchange
gains(losses)-net (153,964) (665,472) (133,033)
Lease income 41,370 41,370 41,370
Exchangeable Note interest
and financing charges (716,049) (657,283) (616,929)
Gain on disposal of assets 3,900 8,811 -
Miscellaneous 19,258 34,508 12,263
Net Other Expense (1,040,642) (1,459,283) (948,993)
NET LOSS FROM CONTINUING
OPERATIONS (3,200,524) (3,245,157) (1,794,804)
NET LOSS FROM DISCONTINUED
OPERATIONS - 66,000 0
NET LOSS $(3,200,524) $(3,311,157) $(1,794,804)
No. of Shares Outstanding 13,289,525 13,289,525 13,289,525
EPS- based on Outstanding
Shares (0.24) (0.25) (0.14)
PSi Technologies Holdings, Inc.
Unaudited Consolidated Balance Sheet
(In US Dollars)
31-Mar-08 31-Dec-07
Unaudited Unaudited
ASSETS
Current Assets
Cash $4,568,700 $5,861,426
Accounts receivable-net 12,098,019 12,263,943
Inventories-net 5,270,129 4,823,987
Other current assets-net 1,106,145 777,141
Total Current Assets 23,042,993 23,726,497
Noncurrent Assets
Property, plant and equipment-net 24,718,654 26,380,350
Other noncurrent assets-net 1,007,367 970,568
Total Noncurrent Assets 25,726,021 27,350,918
$48,769,014 $51,077,415
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable and accrued
expenses $23,476,811 $22,407,087
Accounts payable CAPEX 734,979 427,200
Loans Payable 9,980,000 10,020,000
Advance from customer - 466,503
Trust receipts payable - 52,520
Total Current Liabilities 34,191,790 33,373,310
Noncurrent Liabilities
Exchangeable Note 7,126,917 6,843,695
Accrued retirement benefit cost 3,870,446 4,081,877
Total Noncurrent Liabilities 10,997,363 10,925,572
Stockholders' Equity
Capital stock-Philippine peso 1-2/3
par value
Authorized-37,058, shares
Issued and outstanding-13,289,525 shares 590,818 590,818
Additional paid-in capital 79,694,777 79,692,925
Other comprehensive loss (1,807,801) (1,807,801)
Deficit (74,897,933) (71,697,409)
Total Stockholders' Equity 3,579,861 6,778,533
$48,769,014 $51,077,415
PSi Technologies Holdings, Inc.
Unaudited Consolidated Statement of
Cash Flows
(In US Dollars)
For the Three Months
Ended March 31, 2008
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss $(3,200,524)
Adjustments to reconcile net loss to
net cash provided by operating
activities:
Depreciation 2,898,325
Stock compensation costs 1,853
Amortization of debt issuance costs
and discount 289,065
Unrealized foreign exchange losses (16,149)
Provision for pension expense 98,427
Loss on disposal of assets 70,362
Changes in operating assets and
liabilities:
Decrease (increase) in:
Trade and other receivables (306,055)
Inventories (510,786)
Other current assets (330,988)
Decrease in trade and other payables 365,058
Net cash provided by (used in)
operating activities (641,412)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisitions of property and
equipment (507,369)
Decrease (increase) in other
noncurrent assets (48,661)
Net cash used in investing activities (556,030)
CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from (payments of) trust
receipts payable (52,520)
Net proceeds from (payments of) loans
payable (40,000)
Net cash provided by financing
activities (92,520)
EFFECT OF EXCHANGE RATE CHANGES ON
CASH (2,764)
NET INCREASE (DECREASE) IN CASH (1,292,726)
CASH, BEGINNING OF PERIOD 5,861,426
CASH, END OF PERIOD $4,568,700
SUPPLEMENTAL INFORMATION ON NONCASH
INVESTING AND FINANCING ACTIVITIES
Property and equipment acquired on
account under accounts payable $734,979
PSi Technologies
CONTACT: Larry Cajucom of PSi Technologies Holdings, Inc., +(63 2) 838 4489, lvcajucomjr@psitechnologies.com.ph; or Lasse Glassen of Financial Relations Board, +1-213-486-6546, lglassen@financialrelationsboard.com, for PSi Technologies
Web site: http://www.psitechnologies.com/
United Technologies Corp. Advisory to Securities Analysts, Investors and News Media
HARTFORD, Conn., May 23 /PRNewswire-FirstCall/ -- A webcast of United Technologies Corp. President and Chief Executive Officer Louis R. Chenevert speaking at the Sanford C. Bernstein Strategic Decisions Conference is scheduled for 8 a.m. ET on Thursday, May 29. The presentation will be broadcast live on the Internet at http://www.utc.com/ and will be archived on the Web site afterward.
United Technologies, based in Hartford, Conn., is a diversified company that provides high technology products and services to the building and aerospace industries.
UTC-IR
Contact: John Moran, UTC
(860) 728-7062
Investor Relations, UTC
(860) 728-7608
United Technologies Corp.
CONTACT: John Moran, +1-860-728-7062, or Investor Relations, +1-860-728-7608, both of UTC
Web site: http://www.utc.com/
Company News On-Call: http://www.prnewswire.com/comp/913919.html
uBid.com Holdings, Inc. Streamlines OperationsAnnounces Closing of Bidville.comAsset Recovery Leader's New Direction Doesn't Support Consumer-to-Consumer Auction Site
CHICAGO, May 23 /PRNewswire-FirstCall/ -- uBid.com Holdings Inc. (BULLETIN BOARD: UBHI) , the leading asset recovery solutions company for the world's most trusted brands, today announced the decision to close its consumer-to-consumer auction website Bidville.com due to uBid.com Holdings' recent strategic change to focus on liquidating excess inventories.
Bidville.com's consumer-to-consumer model does not fit within uBid.com Holdings' recently streamlined strategy to provide comprehensive asset recovery solutions to its brand-name partners through a multi-channel sales model.
"We recently introduced a new, more focused business strategy," said uBid.com Holdings CEO Jeff Hoffman. "uBid.com Holdings is now a multi-channel asset recovery solutions provider. Clearly, our expertise is in a business-to-consumer marketplace dealing only in certified supply. We are simply not equipped to run a C-to-C marketplace like Bidville.com."
Guests may still register for the Bidville.com website via the "Register Now" button, which will remain active and allow users to bid in open auctions until June 13, 2008, when existing auctions must close. No new auctions may be listed as of May 27th and existing sellers have until June 27th to complete transactions. Prorated refunds will be available to sellers who provide their username, email address, and amount due in an email to refunds@bidville.com.
"We certainly appreciate everything the Bidville community has contributed. And, of course, if current B-to-C Bidville sellers fit our excess inventory solutions model, we hope they will find uBid.com a viable alternative," concluded Hoffman.
To become a uBid seller please visit http://www.ubid.com/sell
The closing of the Bidville site will have no material financial impact on uBid.com Holdings in the second quarter 2008. uBid.com Holdings, Inc. previously fully amortized the Bidville asset in the first quarter of 2008.
For more information please visit http://www.ubid.com/.
About uBid.com Holdings, Inc.
uBid Holdings, Inc. is the world's leading excess inventory solutions company that links brand name sellers with customers around the globe. uBid Holdings, Inc. does this through its multi-channel asset-recovery solution that includes an online auction platform located at http://www.ubid.com/, physical facilities liquidation and a business-to-business selling platform. Brand name sellers are able to reduce excess inventory more efficiently and profitably than ever before. And however they choose to buy, shoppers now have an inside connection to the world's most trusted brands at prices far below retail. With more than 10 years experience in online commerce, uBid Holdings, Inc. is headquartered in Chicago, IL. uBid.com Holdings, Inc. is publicly-traded on the NASD OTC bulletin board (UBHI).
SEC Filings and Forward-Looking Statements
Additional information about uBid.com is in the company's annual report on Form 10-K, filed with the Securities and Exchange Commission.
Certain statements made in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements using terminology such as "anticipate," "believe," "estimate," "expect," "intend," "may," "could," "possible," "plan," "project," "should," "will," "forecast," and similar words or expressions. uBid.com Holdings, Inc. intends that all forward-looking statements be subject to the safe harbor provisions of the Private Securities Litigation Reform Act. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of uBid.com Holdings, Inc. and the industries and markets in which uBid.com Holdings, Inc. operates. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. Factors which may affect the forward-looking statement identified above and uBid.com Holdings, Inc.'s business, financial condition and operating results generally include the effects of adverse changes in the economy, reductions in consumer spending, declines in the financial markets and the industries in which uBid.com Holdings, Inc. and its partners operate, adverse changes affecting the Internet and e-commerce, the ability of uBid.com Holdings, Inc. to develop and maintain relationships with strategic partners and suppliers and the timing of its establishment or extension of its relationships with strategic partners, the ability of uBid.com Holdings, Inc. to timely and successfully develop, maintain and protect its technology and product and service offerings and execute operationally, the ability of uBid.com Holdings, Inc. to attract and retain qualified personnel, the ability of uBid.com Holdings, Inc. to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. uBid.com Holdings, Inc. expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by uBid.com Holdings, Inc.
uBid.com Holdings Inc.
CONTACT: Jim Murphy of uBid.com, +1-773-272-4537, jimm@ubid.com
Web site: http://www.ubid.com/
Flextronics to Report First Quarter Results
SINGAPORE, May 23 /PRNewswire-FirstCall/ -- Flextronics today announced that it will report first quarter results on Thursday, July 24, 2008.
The conference call, hosted by Flextronics' senior management, will be held at 1:30 p.m. PDT to discuss the financial results of the Company and its future outlook. This call will be broadcast via the Internet and may be accessed by logging on to the Company's Web site at http://www.flextronics.com/. A replay of the broadcast will remain available on the Company's Web site after the call.
Minimum requirements to listen to the broadcast are Microsoft Windows Media Player software (free download at http://www.microsoft.com/windows/windowsmedia/download/default.asp) and at least a 28.8 Kbps bandwidth connection to the Internet.
About Flextronics
Headquartered in Singapore (Singapore Reg. No. 199002645H), Flextronics is a leading Electronics Manufacturing Services (EMS) provider focused on delivering complete design, engineering and manufacturing services to automotive, computing, consumer digital, industrial, infrastructure, medical and mobile OEMs. With the acquisition of Solectron, pro forma fiscal year 2008 revenues from continuing operations are more than US$33.6 billion. Flextronics helps customers design, build, ship, and service electronics products through a network of facilities in 30 countries on four continents. This global presence provides design and engineering solutions that are combined with core electronics manufacturing and logistics services, and vertically integrated with components technologies, to optimize customer operations by lowering costs and reducing time to market. For more information, please visit http://www.flextronics.com/.
Flextronics
CONTACT: Paul Read, Executive Vice President, Finance, +1-408-576-7722, investor_relations@flextronics.com, or Renee Brotherton, Vice President, Corporate Communications, +1-408-576-7189, renee.brotherton@flextronics.com, both of Flextronics
Web site: http://www.flextronics.com/
Actel Discusses Power Issues and System Management Solutions at MicroTCA Summit
MOUNTAIN VIEW, Calif., May 23 /PRNewswire-FirstCall/ -- Speakers from Actel Corporation will explore power management challenges and integrated system management at the MicroTCA Summit, being held May 28-30. At its booth (#107), Actel will showcase its Fusion-based Micro Telecommunications Computing Architecture (MicroTCA) solutions. With unprecedented levels of integration, Actel's mixed-signal Fusion Programmable System Chips (PSCs) deliver superior system and power management functionality in the smallest form factor available for TCA management applications.
What/When: Session #103: Infrastructure (Mechanical/Chassis/Power
Issues)
"Integrated System Management Using Mixed-signal
Programmable Chips"
Actel Speaker: Mike Brogley, Product Manager
Wednesday, May 28, 2:00-3:20 p.m.
Session #104: Reducing Power Consumption
"TCA Design Using Mixed-signal FPGAs"
Actel Speaker: Mike Thompson, Senior Manager, IP and
Applications Solution Marketing
Wednesday, May 28, 3:40-5:00 p.m.
Where: MicroTCA Summit
Marriott Westfields Hotel
Chantilly, Virginia
About MicroTCA Summit
MicroTCA Summit is a three-day event bringing together vendors and end-users to discuss the latest practical information and trends regarding MicroTCA. The summit includes half-day tutorials, keynotes, special sessions, paper and panel sessions and a special market research session.
About Actel
Attacking power consumption from both the chip and the system levels, Actel Corporation's innovative FPGAs and programmable system chip solutions enable power-efficient design. The company is traded on the NASDAQ National Market under the symbol ACTL and is headquartered at 2061 Stierlin Court, Mountain View, Calif., 94043-4655. For more information about Actel, visit http://www.actel.com/.
Actel Corporation
CONTACT: Stephanie Mrus of Actel Corporation, +1-650-318-4614, Stephanie.Mrus@actel.com; or Diane Orr of Orr & Company, +1-408-358-1617, diane@orr-co.com, for Actel Corporation
Web site: http://www.actel.com/
Level 3 SVP and Treasurer Robin Grey to Speak at Investor Conferences
BROOMFIELD, Colo., May 23 /PRNewswire-FirstCall/ -- Robin Grey, senior vice president and treasurer of Level 3 Communications, Inc. will make investor presentations at two upcoming conferences.
Ms. Grey will speak at the Cowen and Company 20/20 TMT Conference in New York, N.Y. on Friday, May 30. The presentation is scheduled to begin at approximately 9:30 a.m. EDT. A webcast of the event will be available on the Level 3 Web site at http://www.corporate-ir.net/ireye/conflobby.zhtml?ticker=LVLT&item_id=1853732.
Ms. Grey will also speak at the Oppenheimer Annual Communications & Technology Conference in Boston, Mass. on Tuesday, June 3. The presentation is scheduled to begin at approximately 1:10 p.m. EDT. A webcast of the event will be available on the Level 3 Web site at http://www.level3.com/investor_relations/presentations_events/index.html.
About Level 3 Communications
Level 3 Communications, Inc. is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit http://www.level3.com/.
Level 3 Communications, Level 3, the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC and/or its affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service, product or company names recited herein are trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements made in this press release are forward looking in nature. These statements are based on management's current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to the company's ability to: successfully integrate acquisitions; increase the volume of traffic on the network; defend intellectual property and proprietary rights; develop new products and services that meet customer demands and generate acceptable margins; successfully complete commercial testing of new technology and information systems to support new products and services; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/19990721/LVLTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Level 3 Communications, Inc.
CONTACT: media, Chris Hardman, +1-720-888-2292, or Kimberly Tulp, +1-720-888-3675, or investors, Valerie Finberg, +1-720-888-2501, or Mark Stoutenberg, +1-720-888-1662, all of Level 3 Communications, Inc.
Web site: http://www.level3.com/
PlanGraphics Kicks Off Multi-Agency GIS Project in Dawson County, Ga.
FRANKFORT, Ky., May 23 /PRNewswire-FirstCall/ -- PlanGraphics, Inc. (Pink Sheets: PGRA) and project partner Jordan Jones & Goulding (JJG) of Norcross, Ga., this week kicked off a major new multi-agency GIS development project in Dawson County, Ga.
Located about 60 miles north of Atlanta, Dawson County is growing rapidly and has seen its population approximately double in the last 10 years and projects even higher rates of growth in the future. The Dawson County Area Regional GIS (DCAR GIS) project involves the collaboration of multiple agencies and organizations that see an expanded enterprise GIS as a way to reduce redundant efforts, enhance their capabilities, and complement their business processes. Participating agencies are Dawson County; County Schools; Sheriff; 911; Development Authority; and Etowah Water & Sewer.
The PlanGraphics team will be responsible for a series of tasks leading to system deployment:
-- Documentation of user requirements
-- Development of a GIS roadmap for future applications throughout Dawson
County
-- Data conversion of existing GIS data
-- Geodatabase development
-- System implementation and configuration.
Additionally, PlanGraphics will rapidly deploy a DCAR GIS DataMart using its STEPs technology; providing the participating agencies secure access to existing information resources and incremental expansion of information assets throughout the project.
Annie Metcalf, one of PlanGraphics' most experienced consultants on local-government GIS, is the project manager.
PlanGraphics, founded in 1979, is a full life-cycle systems integration and implementation firm providing a broad range of services in the design and implementation of information technology in the public and commercial sectors. PlanGraphics' experience with spatial information systems and e-services capabilities provides a critical discriminator among other IT consulting and integration firms. PlanGraphics has headquarters in Frankfort, Ky., and regional offices in Maryland and Colorado. On the Web: http://www.plangraphics.com/ .
Project partner JJG is a southeastern regional consulting firm offering engineering, planning, and information management services. JJG has offices in Georgia, South Carolina, North Carolina, Tennessee, Ohio, Louisiana, and Florida.
PlanGraphics, Inc.
CONTACT: Fred Beisser, Senior Vice President-Finance, PlanGraphics, Inc., +1-720-851-0716, fbeisser@plangraphics.com
Web site: http://www.plangraphics.com/
NightHawk Radiology Holdings, Inc. to Speak at the Goldman Sachs 29th Annual Global Healthcare Conference
COEUR D'ALENE, Idaho, May 23 /PRNewswire-FirstCall/ -- NightHawk Radiology Holdings, Inc. , the leading provider of radiology solutions to radiology groups and hospitals throughout the United States, today announced that it will present at the Goldman Sachs 29th Annual Global Healthcare Conference in Dana Point, CA on Tuesday, June 10, 2008 at 8:40 am PDT. Presenting at the conference will be Dr. Paul Berger, Chairman and Chief Executive Officer, David Sankaran, Chief Financial Officer and Andrea Clegg, Vice President of Finance and Corporate Treasurer. A live and archived webcast will be available on the investor relations section of NightHawk's website at http://www.nighthawkrad.net/.
About NightHawk
NightHawk Radiology , headquartered in Coeur d'Alene, Idaho, is leading the transformation of the practice of radiology by providing high-quality, cost-effective services to radiology groups and hospitals throughout the United States. NightHawk provides the most complete suite of solutions, including professional services, business services, and its advanced, proprietary clinical workflow technology, all designed to increase efficiencies and improve the quality of patient care and the lives of physicians who provide it. NightHawk's team of U.S. board-certified, state-licensed, and hospital-privileged physicians located in the United States, Australia, and Switzerland, provides services 24 hours a day, seven days a week, to approximately 1,500 sites, representing approximately 26% of all hospitals in the United States. For more information, visit http://www.nighthawkrad.net/.
"NHWKF"
NightHawk Radiology Holdings, Inc.
CONTACT: Press, Robert Minicucci of Warner Communications, +1-603-488-5856, Mobile, +1-339-206-1722, robert@warnerpr.com, for NightHawk Radiology Holdings, Inc.; or Investor Inquiries, Andrea Clegg of NightHawk Radiology Holdings, Inc., 1-866-402-4295, +1-208-292-2818, aclegg@nighthawkrad.net
Web Site: http://www.nighthawkrad.net/
Sify Technologies to Report Fourth Quarter and Fiscal Year 2007-08 Fiscal Financial Results on Friday, May 30, 2008
CHENNAI, India, May 23 /PRNewswire-FirstCall/ -- Sify Technologies Limited , a leader in Consumer Internet Services and Enterprise Services in India with global delivery capabilities, announced today that it will report its financial results for the fourth quarter and fiscal year 2007-08, ended March 31, 2008 on Friday, May 30, 2008 before the market opens.
In conjunction with the earnings release, Sify will host a conference call at 9:00 AM EDT hosted by Mr. Raju Vegesna, Chairman of the Board and Chief Executive Officer, Mr. CVS Suri, Chief Operating Officer and Mr. MP Vijay Kumar, Chief Financial Officer.
Interested parties may participate in the conference call by dialing 877-407-8031 (U.S. or Canada) or +1-201-689-8031 (international), which will also be simultaneously broadcast live over the Internet at http://www.sifycorp.com/ or http://www.vcall.com/.
Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.
The online archive of the Web cast will be available shortly after the conference call, or investors can listen to the replay by dialing 877-660-6853 or +1-201-612-7415 and entering account number 286 and conference ID number 286469. Please allow for some time post conference call to access the archive of the Web cast.
About Sify
Sify is among the largest Internet, network and e-Commerce services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common Internet backbone infrastructure. This Internet backbone reaches 348 cities and towns in India. A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. A host of blue chip customers use Sify's corporate service offerings. Consumer services include broadband home access, dial up connectivity and the iWay cyber cafe chain across 164 cities and towns. Sify is recognized as an ISO 9001:2000 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and BS7799 certified for Internet Data Center operations. Sify.com the consumer portal of Sify has sub portals like http://www.samachar.com/, http://www.walletwatch.com/, http://www.sifymax.com/ and http://www.chennailive.in/, http://www.bangalorelive.in/, http://www.mumbailive.in/, http://www.hyderabadlive.in/ the city based live video on the web. The content is available in 5 Indian languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil.
For more information about Sify, visit http://www.sifycorp.com/.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward- looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify's business, please see the discussion under the caption "Risks Related to Our Business" in the company's report on Form 6-K for the Quarter ended December 31, 2007 which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at http://www.sec.gov/.
For further information please contact:
David Appasamy
Investor Relations
Sify Technologies Limited
+91-44-2254 0770 Ext. 2013
Email: david_appasamy@sifycorp.com
Truc N. Nguyen (ext. 418) or Christopher Chu (ext. 426)
Investor Relations
Grayling Global
+1-646-284-9400
Email: tnguyen@hfgcg.com or cchu@hfgcg.com
Sify Technologies Limited
CONTACT: David Appasamy, Investor Relations, Sify Technologies Limited, +91-44-2254-0770 ext. 2013, david_appasamy@sifycorp.com; or Truc N. Nguyen, +1-646-284-9400 ext. 418, tnguyen@hfgcg.com, or Christopher Chu, +1-646-284-9400 ext. 426, cchu@hfgcg.com, both of Investor Relations, Grayling Global, for Sify Technologies Limited
Web site: http://www.sifycorp.com/ http://www.vcall.com/ http://www.samachar.com/ http://www.walletwatch.com/ http://www.sifymax.com/ http://www.chennailive.in/ http://www.bangalorelive.in/ http://www.mumbailive.in/ http://www.hyderabadlive.in/
Demand Climbs for Wireless Voice, Multimedia and Internet Access in CaliforniaVerizon Wireless adds seven new cell sites in San Diego County to stay ahead of the growth
IRVINE, Calif., May 23 /PRNewswire/ -- Wireless users in more California locations are now experiencing expanded voice and data coverage thanks to the addition of new cell sites from Verizon Wireless, the carrier with the highest customer loyalty.
The new sites improve overall coverage and call capacity for customers in and around:
-- Oceanside -- Along Mesa Drive from El Camino Real to Old Grove Road
and surrounding residential area near the El Camino High School
-- Ramona -- Downtown Ramona and surrounding area
-- San Diego --
-- Downtown San Diego, including Petco Park and nearby high rise
condominiums
-- Along Mission Boulevard and Ocean Front Walk in Mission Beach,
and surrounding area, including Belmont Park
-- In-building coverage for high rise condominiums and downtown
San Diego, south of "Little Italy"
-- Along Linda Vista Road and the southern end of the University
of San Diego and residential area in Bay Park
-- San Marcos -- To the central San Marcos area, near Highway 78
-- Solana Beach -- Along Camino Del Mar and Coast Highway 101 and
surrounding area, including Del Mar Fairgrounds
The recent expansion adds to Verizon Wireless' $4.6 billion dollar investment in California last year. Nationwide the company has invested nearly $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national wireless network and to add services like BroadbandAccess, V CAST, VZ Navigator(SM) and many more.
Verizon Wireless is the most widely used brand of service in wireless. The company now serves more than 67.2 million customers nationwide. In the first quarter of 2008, the company delivered nearly 58 billion text messages and completed 133 million downloads of music, videos, games, ringtones, and exclusive content, including 34.6 million video and music downloads.
"Our network expansion in California is just another example of how we invest our resources to stay ahead of demand and to make sure that our customers enjoy a superior wireless experience," said John Palmer, regional president of Verizon Wireless.
"This consistent investment is a key reason Verizon Wireless has ranked first in customer loyalty in the industry in each of the last 14 quarters.*"
Other examples of company leadership include being first to offer nationwide plans with unlimited calling and the only provider to offer a 30-day network "Test Drive" pledge that pays for calls if a customer isn't satisfied and switches to another carrier.
Verizon Wireless' reputation as the nation's most reliable wireless network is supported by industry-leading redundancy and maintenance measures. This has proven particularly valuable during natural disasters and other emergencies across the country. Standard Verizon Wireless network-reliability features include battery back-up power at all facilities as well as generators installed at all switching facilities and many cell site locations.
For more information about the company's network coverage, Test Drive from Verizon Wireless or any of our products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.
* Loyalty claims based upon publicly available churn (customer turnover) figures.
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: Ken Muche of Verizon Wireless, +1-949-286-8193, ken.muche@verizonwireless.com
Web site: http://www.verizonwireless.com/
U.S. Retail e-Commerce Growth Rate Rebounds in April After Soft MarchcomScore Accurately Reported Q1 E-commerce Spending Weeks Before U.S. Department of Commerce Released Figures
RESTON, Va., May 23 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released retail e-commerce data for April 2008, which showed that the year-over-year growth rate rebounded to 15 percent, following an increase of just 9 percent in March. Further details on April's retail e-commerce are provided below and will be presented in greater depth by comScore Chairman Gian Fulgoni and comScore CEO Magid Abraham during a free, public webinar on Friday, May 30, 2008 at 11:00 a.m. EST (webinar details below).
Retail E-Commerce Growth Rates
Excludes Auctions, Autos and Large Corporate
Purchases
Total U.S. - Home/Work/University Locations
Source: comScore, Inc.
Month Y/Y Percent Change
Apr-07 18%
May-07 25%
Jun-07 25%
Jul-07 22%
Aug-07 28%
Sep-07 19%
Oct-07 19%
Nov-07 20%
Dec-07 18%
Jan-08 12%
Feb-08 14%
Mar-08 9%
Apr-08 15%
"While the e-commerce growth rates in 2008 are softer than what we saw last year, it's encouraging that April's growth rate represented an increase from what was obviously a soft March for online consumer spending," said comScore Chairman Gian Fulgoni. "One hopes that April will emerge as the beginning of a turnaround in the consumer economy and that spending will continue to accelerate as we move through the year and as the impact of the government's economic stimulus tax rebate program begins to be felt."
comScore Q1 2008 E-Commerce Data Once Again Accurately Predicted Department of Commerce Numbers
comScore data showed $32.8 billion in online retail spending for Q1 2008 (including auction fees and autos but excluding event tickets, in accordance with the U.S. Department of Commerce definition of e-commerce), approximately one month prior to the U.S. Department of Commerce publishing its estimate of $32.4 billion.
comScore's data has exhibited remarkable consistency with the U.S. Department of Commerce estimates during the past seven years. Dating back to Q1 2001, the past 29 quarters of comScore's e-commerce estimates have accurately predicted the Department of Commerce data within an average margin of variation of less than 3 percent.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080523/AQF511)
comScore Chairman Gian Fulgoni and comScore CEO Magid Abraham will be presenting a complimentary review of the current trends in e-commerce and search marketing on Friday, May 30, 2008 at 11 a.m. EST. To register for the free webinar, please visit: https://www1.gotomeeting.com/register/436386894.
About comScore
comScore, Inc. is a global leader in measuring the digital world. For more information, please visit http://www.comscore.com/boilerplate.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)
Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO http://www.newscom.com/cgi-bin/prnh/20080523/AQF511 AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
comScore, Inc.
CONTACT: Andrea Vollman of comScore, Inc., +1-312-775-6646, press@comscore.com
Web site: http://www.comscore.com/
Verizon Wireless and Korean Superstar 'Se7en' Celebrate Asian Pacific American Heritage Month With Free Concert
IRVINE, Calif., May 23 /PRNewswire/ --
WHAT: Interview and b-roll opportunities with Se7en.
WHO: Since being awarded MTV Korea's "New Artist Award" in 2003,
Se7en has released three albums and received many accolades,
including MTV Asia's "Favorite Artist-Korea" award in 2006.
In addition to his music career, Se7en stars in a weekly Korean
drama, "Goong S," which premiered in January 2007.
WHERE: Club Performance
May 25, 2008: 12:00a.m. - 2:00a.m.
Ritual Supperclub
1743 N. Cahuenga Blvd.
Hollywood, CA 90026
Meet and Greet
May 26, 2008: 2:00p.m. - 4:00p.m.
Verizon Wireless Communications Store
Cerritos Town Center
12603 Towne Center Drive
Cerritos, CA 90703
WHEN: May 25-26, 2008
WHY: Verizon Wireless is celebrating Asian Pacific American Heritage
Month by sponsoring cultural events throughout southern
California, including this performance and fan meet
and greet with Se7en.
VIP access at the store event will be limited to Verizon
Wireless customers and anyone donating a no-longer-used cell
phone or accessory to the company's HopeLine(R) program,
which benefits survivors of domestic violence.
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: Ken Muche of Verizon Wireless, +1-949-286-8193, Ken.Muche@VerizonWireless.com
Web site: http://www.verizonwireless.com/
Dimension Data Positioned in the Challengers Quadrant for North America Managed and Professional Network ServicesEvaluation Based on Completeness of Vision and Ability to Execute
NEW YORK, May 23 /PRNewswire-FirstCall/ -- Dimension Data, a $3.8 billion leading IT solutions and services provider, today announced that Dimension Data has been positioned by Gartner, Inc., in the Challengers quadrant of the "Magic Quadrant for Managed and Professional Network Service Providers, North America"(1) report.
"We are pleased to be recognized by Gartner for our completeness of vision and ability to execute," said Jere Brown, CEO of Dimension Data Americas. "In my opinion, our placement in the Challengers Quadrant by Gartner is confirmation of Dimension Data Americas' proven track record in providing high-quality, cost-effective network services to our clients in the U.S."
This Gartner Magic Quadrant examines the North American managed and professional network services market, assessing a vendor's completeness of vision and ability to execute. Gartner considered a number of criteria in assessing companies for inclusion in the Magic Quadrant. In terms of completeness of vision, "Gartner evaluates technology and IT services providers on their ability to convincingly articulate logical statements about market direction, innovation, customer needs and competitive forces, and how well they map onto the Gartner position." In terms of ability to execute, "Gartner evaluates vendors on the quality and efficacy of the processes, methods or procedures that enable them to be competitive, efficient and effective, and to affect revenue, retention and reputation in a positive way."
Most IT systems have evolved over a company's lifetime. As companies make investments and upgrades in both infrastructure and applications, systems become more distributed and complicated to manage. To realize these efficiencies, corporate networks must extend beyond the organization, linking the enterprise with key processes that reside on the Internet or with vendors, suppliers, customers and strategic partners. Network infrastructure management and monitoring are critical elements in the support and maintenance of an enterprise network.
"The only way to guarantee the optimal performance of a network is to rely on the expertise of network professionals equipped with the right skills to deal with complex environments as well as tools and processes to ensure 24 x 7 coverage of the network," continued Brown. "Dimension Data has invested in six Global Service Centers around the world, including the United States, that provide a complete range of network operations services which ensure high availability, reliability, throughput and security for our domestic and global clients."
To read Gartner's Magic Quadrant for Managed and Professional Network Service Providers, North America, visit: http://www.dimensiondata.com/na/documentlibrary/brochures/managedservices/magi cquadrant.htm (Due to the length of this URL, please copy and paste it into your web browser)
About the Magic Quadrant
The Magic Quadrant is copyrighted May 14, 2008, by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Dimension Data
Dimension Data , a specialist IT services and solutions provider, helps clients plan, build, support and manage their network and IT infrastructures. Dimension Data applies its expertise in networking, security, operating environments, storage and contact center technologies and its unique skills in consulting, integration and managed services to create customized client services. For more information: Call 866-DIDATA-US or visit http://www.dimensiondata.com/na .
(1) Gartner, Inc. "Magic Quadrant for Managed and Professional Network
Service Providers, North America" by Eric Goodness et al, May 14,
2008.
Media Contacts:
Lisa Grimes Nancy Pieretti
Dimension Data Davies Murphy Group
(703) 217-2692 (781) 418-2424
lisa.grimes@us.didata.com ddna@daviesmurphy.com
Dimension Data
CONTACT: Lisa Grimes of Dimension Data, +1-703-217-2692, lisa.grimes@us.didata.com; or Nancy Pieretti of Davies Murphy Group, +1-781-418-2424, ddna@daviesmurphy.com, for Dimension Data
Web site: http://www.dimensiondata.com/na
Verizon Wireless Expands High-Speed Wireless Network to Batesville, IndianaHigh-Speed Network Gives Customers Access to Fast Wireless Internet, Email, Mobile Music and Videos
BATESVILLE, Ind., May 23 /PRNewswire/ -- Verizon Wireless announced today that it has expanded the national rollout of its high-speed wireless network to Batesville, Indiana.
"The expansion of our wireless broadband network in Batesville provides our customers with access to the very latest wireless technology," said Greg Haller, president-Indiana/Kentucky/Michigan Region, Verizon Wireless.
With the wireless broadband network now available in Batesville, Verizon Wireless customers can enjoy two prime services:
-- BroadbandAccess, the enhanced high-speed wireless service that equips
Verizon Wireless' business customers with a truly untethered mobile
office experience, enabling them to wirelessly access their calendars,
the Internet, email and critical business information residing behind
their companies' firewalls; and
-- V CAST, a consumer-oriented multimedia service that gives customers
access to the most comprehensive selection of downloadable music, high-
quality videos and the coolest 3D games found anywhere.
BroadbandAccess
Based on Evolution-Data Optimized Revision A (EV-DO Rev. A) network technology, BroadbandAccess provides mobile workers with the ability to access their corporate information as if they were attached to this data via a high- speed wired connection but with the freedom of true mobility. Developed with a range of users in mind, the service enables large enterprises, small to medium-sized businesses and mobile professionals to conduct business anytime, anywhere in the BroadbandAccess coverage area via a secure, true high-speed data connection.
With BroadbandAccess, business customers, residents and visitors can expect average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500 kbps to 800 kbps. That means they can download a 1 megabyte email attachment-the equivalent of a small PowerPoint(R) presentation or a large PDF file-in about eight seconds and upload the same-sized file in less than 13 seconds.
BroadbandAccess also enables Verizon Wireless customers to download files significantly faster than customers of wireless service providers that use different broadly deployed network technologies. Furthermore, customers who travel outside the enhanced BroadbandAccess coverage area with an EV-DO device will switch seamlessly to the company's NationalAccess service.
"Our enhanced BroadbandAccess service gives our customers three key advantages in wireless communication-speed, mobility and security," Haller said. "With these advantages comes an increase in productivity and bottom-line business benefits."
V CAST: Video and Music
The company's wireless broadband network also enables its V CAST multimedia services, which offer customers the ability to download full-song tracks, play cutting-edge 3D games and stream video clips straight to the handset with top transmission speeds. With content updated daily, customers can watch dozens of on-demand videos, including breaking news, weather updates, sports highlights and the hottest entertainment clips.
With V CAST Music, Verizon Wireless has built a massive full-song mobile music store that contains more than 3 million songs-from well-known as well as independent artists-that customers can download over-the-air, directly onto their V CAST Music-enabled wireless phones.
Investment
The multi-million dollar expansion includes the installation of high-tech wireless hardware and software in wireless transmission sites throughout the area. Verizon Wireless has invested more than $45 billion since it was formed- $5.5 billion on average every year-to increase the coverage and capacity of its national network and to add new services. Nearly $870 million of this investment has been spent in Indiana since 2000.
Verizon Wireless was the first national wireless provider to commercially launch a high-speed wireless broadband network in the United States. In Indiana, Verizon Wireless' broadband network is also available in Anderson, Bedford, Bloomington, Brazil, central Indiana (including Indianapolis), Cambridge City, Clinton, Columbus, Connersville, Edinburgh, Ellettsville, the greater Fort Wayne area (including Auburn, Bluffton, Columbia City and Decatur), French Lick, Greensburg, Hagerstown, Kokomo, Lafayette, Liberty, Muncie, Nashville, North Vernon, northwest Indiana (including Demotte, Gary, Merrillville, Mitchell, Monon, Monticello, Paoli, Rensselaer, Reynolds, Roselawn and Wolcott), Richmond, Seymour, southwest Indiana (including Evansville), South Bend, Sullivan, Terre Haute, Vincennes and Washington.
For more information about Verizon Wireless products and services, call 1-800-2 JOIN IN or go to 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: MEDIA: Michelle Gilbert, Verizon Wireless, +1-248-915-3680, michelle.gilbert@verizonwireless.com; Kyle Niederpruem, For Verizon Wireless, +1-317-509-7334, kyle@kylecommunications.com
Web site: http://www.verizonwireless.com/
TDS Announces Second Quarter 2008 Dividend
CHICAGO, May 23 /PRNewswire-FirstCall/ -- The board of directors of Telephone and Data Systems, Inc. , a leading provider of telecommunications services, has declared a second quarter 2008 dividend of $.1025 per Common Share, Special Common Share and Series A Common Share. Payment will be made on June 30, 2008 to shareholders of record on June 16, 2008.
TDS has paid cash dividends on its common stock since 1974.
About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 500(R) company, provides wireless, local and long-distance telephone, and broadband services to nearly 7.4 million customers in 36 states through its business units, U.S. Cellular(R) (wireless) and TDS Telecom (wireline). Founded in 1969 and headquartered in Chicago, TDS employed 12,100 people as of March 31, 2008.
For more information about TDS and its subsidiaries, visit the Web sites at:
TDS: http://www.teldta.com/ TDS Telecom: http://www.tdstelecom.com/
USM: http://www.uscellular.com/
Telephone and Data Systems, Inc.
CONTACT: Julie D. Mathews, Manager, Investor Relations of Telephone and Data Systems, Inc., +1-312-592-5341, julie.mathews@teldta.com
Web site: http://www.teldta.com/
General Dynamics Receives $6 Million Contract Modification for Nuclear Submarine Maintenance
GROTON, Conn., May 23 /PRNewswire-FirstCall/ -- The U. S. Navy has awarded General Dynamics Electric Boat a $6 million contract modification for management and nuclear maintenance work on submarines stationed at Submarine Base New London, Conn. Electric Boat is a wholly owned subsidiary of General Dynamics .
Under the terms of the contract modification, Electric Boat will continue to operate the Nuclear Regional Maintenance Department (NRMD) at the submarine base through Sept. 30, 2008. The company will provide project management, planning, training and radiological-control services to support maintenance, modernization and repairs in support of operational submarines. About 25 Electric Boat employees are assigned to the NRMD.
The initial contract was awarded in December 2005 and has a potential value of $75.4 million over three years if all options are exercised.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 84,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at http://www.generaldynamics.com/.
General Dynamics Electric Boat
CONTACT: Robert A. Hamilton of General Dynamics Electric Boat, +1-860-433-8556, Cell, +1-860-705-6197, Rhamilt1@gdeb.com
Web site: http://www.generaldynamics.com/ http://www.gdeb.com/
Seven Summits Research Releases Alerts on C, AMAT, CHK, SPG, and NIHD
CHICAGO, May 23 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks.
Seven Summits Strategic Investments' PriceWatch Alerts are available at
http://www.iotogo.com/s/052308A (Note: You may have to copy this link into your browser then press the [ENTER] key.)
Today's PriceWatch Alerts cover the following stocks: Citigroup Inc. , Applied Materials Inc. , Chesapeake Energy Corp. , Simon Property Group Inc. , and NII Holdings Inc. .
Along with our PriceWatch Alerts, these brief reports contain a concise market overview, economic calendar and current news leaders and laggards. PriceWatch Alerts include hedged trade ideas designed to potentially protect investors from unexpected market shifts. While other market reports only provide stock news, we offer strategies that hedge investments against uncertainty. Hedged trades increase your chances of making a profit, even if a stock goes down.
"Our PriceWatch Alerts go beyond other market reports. Along with a brief concise market overview, each PriceWatch Alert provides useful strategies, which ensure potential investments are protected with basic hedging techniques," says Reid Stratton, Seven Summits Senior Analyst. "This brief report contains information that can benefit expert and novice investors who want to stay ahead of the market."
For essential information on stocks poised to move go to:
http://www.iotogo.com/s/052308A for Seven Summits Strategic Investments' PriceWatch Alerts.
Seven Summits Investment Research is an independent investment research group, which focuses on the U.S. equities and options markets. Our analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best possible investment decisions. For more information go to
http://www.sevensummitsinvestmentresearch.com/. CRD# 137114
Louis Navellier names his Next 5 Googles in his last special investing report.
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Seven Summits Investment Research
CONTACT: Steve Blackbourniski of Seven Summits Investment Research, +1-434-293-9100
Web site: http://www.sevensummitsinvestmentresearch.com/ http://www.sevensummitsstrategicinvestments.com/
L.N. Curtis & Sons and AT&T Extend 79-Year Relationship Via New Network Services Contract
OAKLAND, Calif., May 23 /PRNewswire-FirstCall/ -- AT&T Inc. has announced that L.N. Curtis & Sons, a provider of emergency responder equipment, has signed a new three-year agreement for AT&T's Multiprotocol Label Switching (MPLS) Virtual Private Network (VPN) service. The service will link L.N. Curtis & Sons' nine facilities across the western United States.
The new AT&T MPLS-VPN network services will provide seamless voice and data connectivity among L.N. Curtis & Sons' offices, improving communications, boosting efficiencies and allowing company sites to be linked together regardless of location or application. The MPLS environment also will allow L.N. Curtis & Sons to prioritize and run voice traffic over the AT&T network.
"We trust AT&T to integrate and deliver communications solutions for our expanding business," said Larry Shields, chief technology officer, L.N. Curtis & Sons. "Through the AT&T network services, we're able to better serve our customers through a unified approach to voice and data."
AT&T also will provide network integration services to L.N. Curtis & Sons. These include the configuration and deployment of Voice over Internet Protocol (VoIP).
The expanded agreement renews and extends a long-standing relationship between the two companies that spans more than 79 years.
About L.N. Curtis & Sons
L.N. Curtis & Sons is a supplier of emergency responder equipment to the Western United States and to the United States Government on a worldwide basis. The company's tag line is Tools for Heroes. L.N. Curtis & Sons was established in 1929 and has operational centers in Oakland, CA; Seattle WA; Salt Lake City, UT; Phoenix, AZ and Los Angeles, CA. Their subsidiary company ECMS, Inc. performs care and maintenance on emergency responder clothing and has facilities operating in Las Vegas, NV; Oakland, CA; Los Angeles, CA and Phoenix, AZ. Additional information about L.N. Curtis & Sons is available at http://www.lncurtis.com/ and http://www.ecmsinc.biz/.\
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: Gina Pernetti of AT&T Inc., +1-916-847-8542, gp7182@att.com; or Larry Shields of L.N. Curtis & Sons, +1-510-839-5111, l.shields@lncurtis.com
Web site: http://www.att.com/ http://www.lncurtis.com/
Raytheon Achieves Operational Milestone for Distributed Common Ground System Block 10.2 SystemMilestone brings system closer to operational capability
GARLAND, Texas, May 23, 2008 /PRNewswire/ -- Raytheon Company has accomplished a major requirement of the Distributed Common Ground System (DCGS) contract -- completing the end-to-end factory acceptance testing of the DCGS 10.2 system.
During the test, Raytheon conducted a series of on-site evaluations with representatives from the U.S. Air Force exercising the system and evaluating the results. In the next phase, Raytheon will deliver the DCGS 10.2 system to the first of several planned core sites, DGS-2 at Beale Air Force Base, Calif. There Raytheon will complete installation, integration and checkout in preparation for the site acceptance testing.
"The extended factory acceptance test signifies a key milestone to bring the Air Force DCGS sites closer to a network-centric reality, where each site is able to share intelligence information in near real-time," said Anthony DiFurio, director of Multi-Intelligence Systems for Raytheon's Intelligence and Information Systems. "DCGS is a critical part of our nation's security plan, providing our military services with best-of-breed technology."
When fully fielded, DCGS Block 10.2 will be a worldwide distributed, network centric enterprise architecture that enables collaborative intelligence operations and production. Its environment provides for both the physical and electronic distribution of intelligence, surveillance and reconnaissance data analysis and tools.
Raytheon's DCGS 10.2 upgrade will be capable of continuous on-demand intelligence brokering that will enable U.S. and coalition forces to get the information they need to take action and influence events in a significantly shorter amount of time.
Based in Garland, Texas, Raytheon IIS is a leading provider of information and intelligence solutions to the government. Raytheon IIS has annual revenues of approximately $2.7 billion and employs more than 9,000 engineering and technical professionals worldwide.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
Contact:
Keith Little
703.849.1675
KDLittle@raytheon.com
Raytheon Company
CONTACT: Keith Little of Raytheon Company, +1-703-849-1675, KDLittle@raytheon.com
Web site: http://www.raytheon.com/
Text Messages Sent Over Verizon Wireless Network Hit Record HighCompany puts customers in control
IRVINE, Calif., May 23 /PRNewswire/ -- In the first quarter of 2008, Verizon Wireless delivered nearly 58 billion text messages from coast to coast. But for those looking to control text messaging, such as on their child's cell phone, Verizon Wireless offers numerous consumer-friendly options to block some or all text messages.
These options include:
-- Blocking: Customers can log into http://www.vtext.com/ or
http://text.vzw.com/ using their mobile number and password, choose
preferences, then text blocking, then select from several options --
1. Block all messages from the Web/Internet (where most spam is
generated)
2. Block all messages from e-mail
3. Block messages from up to 15 specific domain names or e-mail
addresses.
4. Allow only texts sent to a nickname@vtext.com.
-- Premium SMS Blocking: Log into "My Verizon" on
http:/// http://www.verizonwireless.com/, choose features, then choose
add/delete to block only text messages for short code campaigns that
involve premium charges.
-- V-BLOCK: This option prevents a specific mobile number/cell phone from
sending or receiving text messages. The only messages the customer
will receive are voicemail alerts.
Customers can also add any of these options by calling Customer Service.
Verizon Wireless also has a long history of consistently leading the wireless industry to advocate and adopt consumer-friendly policies. These firsts include:
-- ... when Early Termination Fees (ETFs) remained unchanged no matter
how long consumers had been under a service contract, Verizon Wireless
was the first to announce and, for the past 18 months, has been the
only national service provider offering declining ETFs that decrease
$5 for every month a customer has been under contract
-- ... when an effort to publish wireless phone numbers in a public
directory was under discussion, Verizon Wireless publicly condemned
the initiative as "a dumb idea" and reasserted its commitment to keep
its customers' numbers private.
-- ... when wireless consumers had to pay for service if they cancelled
during a "trial period", Verizon Wireless became and remains the only
service provider to stop billing for those calls if the customer takes
their number to another service provider.
-- ... when wireless consumers had to give up their number if they
switched providers, Verizon Wireless led the way for change and now
consumers can take their phone number with them when they switch.
-- ... when wireless consumers in California became concerned about
responsible driving with cell phones, Verizon Wireless advocated, and
was the only wireless company to support, a bill that mandated the use
of hands-free devices while driving. That bill became state law
(Vehicle Code (VC) section 23123) and goes into effect July 1, 2008.
-- ... when text message spamming by con artists was on the rise, Verizon
Wireless was the first wireless company to take legal action to
protect consumers.
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: Ken Muche of Verizon Wireless, +1-949-286-8193, Ken.Muche@verizonwireless.com
Web site: http://www.verizonwireless.com/
CVDT's Newly Acquired Beijing PowerUnique Technologies Co., Ltd. Forms Alliance with VMware
JINAN, China, May 23 /Xinhua-PRNewswire-FirstCall/ -- China VoIP & Digital Telecom Inc., (BULLETIN BOARD: CVDT) announced today that its newly acquired subsidiary Beijing PowerUnique Technologies Co., Ltd. (''BPUT'') signed a cooperative agreement with VMware to become an official Technology Alliance Partner (TAP) of VMware.
VMware is the global leader in virtualization solutions from the desktop to the data center. Customers of all sizes rely on VMware to reduce capital and operating expenses, ensure business continuity, strengthen security and go green. VMware has more than 100,000 customers worldwide and all Fortune 100 enterprises are using the mature virtual technology of VMware.
The alliance agreement with VMware demonstrates BPUT's leading position in the virtualization field in China. BPUT will leverage VMware's advanced virtual technology in the information security products marketplace in order to broaden its product offerings and strengthen its competitive advantage.
Mr. Kunwu Li, CVDT's Chief Executive Officer and Chairman of the Board commented on the BPUT's agreement with VMware, "BPUT is honored to be VMware's partner. We believe that the Technology Alliance Partner agreement between the two companies will help further develop the global virtualization market and we will see more innovative products for more customers around the world."
More information can be found at http://www.chinavoip-telecom.com/ .
Safe Harbor Statement
Certain of the statements made in the press release constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward- looking terminology such as 'believe,' 'expect,' 'may,' 'will,' 'should,' 'project,' 'plan,' 'seek,' 'intend,' or 'anticipate' or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.
For more information, please contact:
Yinquan Investor Contacts:
Michelle Wong
Tel: +86-531-8702-7114
Email: michellewong@yinquan.cn
Great Wall Research LLC
John Armstrong
Tel: +1-203-536-1928
Email: jarmstrong@greatwallresearch.com
China VOIP and Digital Telecom, Inc.
CONTACT: Yinquan Investor Contacts: Michelle Wong, +86-531-8702-7114, michellewong@yinquan.cn; or Great Wall Research LLC, John Armstrong, +1-203- 536-1928, or jarmstrong@greatwallresearch.com
Web site: http://www.chinavoip-telecom.com/
NVIDIA to Host Annual Meeting of Stockholders
SANTA CLARA, Calif., May 23 /PRNewswire-FirstCall/ -- NVIDIA Corporation will hold its Annual Meeting of Stockholders at its headquarters in Santa Clara, California on Thursday, June 19, 2008, at 10:00 AM Pacific Time. The meeting will take place in Building E, located at 2800 Scott Boulevard, Santa Clara, California.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO)
The matters to be voted on at the meeting are set forth in NVIDIA's Proxy Statement filed with the U.S. Securities and Exchange Commission on May 15, 2008. The Proxy Statement is available at http://www.nvidia.com/proxy.
A live audio Web cast of the presentations and accompanying slides will be available via the Company's Investor Relations Web site at http://www.nvidia.com/investor. A replay of the Web cast will be available for thirty days after the event.
About NVIDIA
NVIDIA is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) products, the professional design and visualization market with its Quadro(R) products, and the high-performance computing market with its Tesla(TM) products. NVIDIA is headquartered in Santa Clara, California, and has offices throughout Asia, Europe, and the Americas. NVIDIA's inaugural NVISION 08 conference will be held August 25-27, 2008 in San Jose, California. For more information, visit http://www.nvidia.com/ and http://www.nvision08.com/.
Copyright (C) 2008 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, GeForce, Quadro, and Tesla are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
NVIDIA Corporation
CONTACT: Michael Hara, Investor Relations, +1-408-486-2511, mhara@nvidia.com, or Calisa Cole, Corporate Communications, +1-408-486-6263, ccole@nvidia.com, both of NVIDIA Corporation
Web site: http://www.nvidia.com/ http://www.nvision08.com/
Albany County Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Calling, Data Access, and Music
ALBANY, N.Y., May 23 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Albany County, Verizon Wireless has expanded its network with a new cell site in Voorheesville. The new site improves coverage and capacity along Route 85A from Route 85 to Route 156, Route 85 from Route 85A to Maple Road, and Maple Road from Route 156 to Route 85.
This network expansion is part of the company's aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless voice and data services. The company has invested more than $45 billion since it was formed -- on average, $5.5 billion every year -- to increase the coverage and capacity of its national network and to add new services.
Services include wireless data services such as picture messaging, text messaging, V CAST and V CAST Music, ESPN MVP and BroadbandAccess, the company's high-speed wireless broadband network geared toward mobile professionals and business customers. It provides average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second (mbps), and average upload speeds of 500-800 kbps.
Strong demand for Verizon Wireless services continued during the first quarter of 2008 as the company added 1.5 million new customers. Verizon Wireless, the wireless company with the highest customer loyalty, reported the lowest customer turnover (highest customer loyalty) rate in the industry -- 1.2% in the first quarter -- for the 14th consecutive quarter.
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. These engineers drive nearly 100 specially equipped vehicles over 240,000 miles on average each quarter on Interstate, US and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 750,000 voice call attempts and more than four million data tests annually on Verizon Wireless' network and the networks of other carriers.
Last year, Verizon Wireless introduced its 30-day Test Drive, an industry first that lets customers experience its network virtually risk-free for 30 days. If customers are not satisfied with their experience and take their number to another carrier, Verizon Wireless will refund their money for calls, equipment, activation fee and taxes. For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to 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: John O'Malley of Verizon Wireless, +1-585-321-7264, or +1-585-261-5899, john.omalley@verizonwireless.com; or Meredith Dropkin, +1-315-233-3000, meredithd@mragroup.com, for Verizon Wireless
Web site: http://www.verizonwireless.com/
ICOP Digital Receives Orders from Police Agencies in Washington and North Carolina
LENEXA, Kan., May 23 /PRNewswire-FirstCall/ -- ICOP Digital, Inc. , an industry-leading company engaged in advancing digital surveillance solutions, today announced that the Company has received a $150,000 initial purchase order from a police department in the State of Washington providing for its near full fleet deployment of ICOP Model 20/20(R)-W digital in-car video systems. The agency's fleet is currently comprised of 35 patrol vehicles.
In addition, the Company has recently processed a follow-on order from a police agency in North Carolina engaged in deploying ICOP Model 20/20-W units in its fleet of 100 patrol cars. The initial order for approximately $74,000 was processed in late March, while the recent re-order totaled approximately $35,000.
About ICOP Digital, Inc.
ICOP Digital, Inc. operates on the core principle that 'without local security, there is no national security.' It endeavors to protect people, assets and profits for communities with innovative, mission-critical security, surveillance and communication solutions. The Company engineers, manufactures and markets mobile and stationary surveillance products for use in the public and private sectors, and facilitates the delivery of live video to first responders. (GSA Contractor)
The ICOP Model 20/20(R)-W, ICOP's flagship, award-winning product, is the leading digital in-car video recorder system for law enforcement. ICOP LIVE(TM) delivers live streaming video to and from first responder vehicles and headquarters, empowering first responders with enhanced real-time situational awareness and actionable intelligence, optimizing the outcome of a crisis. ICOP LIVE delivers live video wirelessly to first responders over any wireless network and to multiple internet enabled Windows(R) devices simultaneously. The ICOP Model 4000(TM), ICOP's newest advanced surveillance solution, is the next generation transit/rail DVR system. The ICOP Model 4000 uses less power than traditional DVR's, which means less heat and translates into a more reliable unit with less downtime. In addition, the ICOP Model 4000 boasts many advanced and innovative features and capabilities, such as wireless file uploading and wireless video streaming, among many others.
For more information, please view the following video presentations at http://www.icopdigital.com/why_icop.html and http://www.icop.com/veil.html, or visit http://www.icop.com/.
For more information, contact:
Laura E. Owen, President and COO
16801 West 116th Street
Lenexa, KS 66219 USA
Phone: (913) 338-5550
Fax: (913) 312-0264
Lowen@ICOP.com
http://www.icop.com/
For Investor/Media Relations:
Elite Financial Communications Group /Elite Media Group
Dodi Handy, President and CEO
Phone: (407) 585-1080
ICOP@efcg.net
ICOP Digital, Inc.
CONTACT: Laura E. Owen, President and COO, +1-913-338-5550, Lowen@ICOP.com, or Investor-Media Relations, Elite Financial Communications Group-Elite Media Group, Dodi Handy, President and CEO, +1-407-585-1080, ICOP@efcg.net
Web site: http://www.icop.com/ http://www.icopdigital.com/why_icop.html http://www.icop.com/veil.html
Hop-On Releases $10 'Anti-iPhone'Spartan Cell Phone Loses the Display, Gains Convenience
IRVINE, Calif., May 23 /PRNewswire-FirstCall/ -- Hop-On, Inc. (Pink Sheets: HPNN) today announces that its GSM cell phone, the Hop1800, is now available in the United States for $10 USD, and worldwide. One of the new breed of ultra convenient cell phones, the pre-paid HOP1800 is ideal as a backup cell phone, when traveling abroad, or for anyone looking for a super affordable cell phone that does one thing extremely well: make phone calls.
"Though the iPhone is an amazing device, I challenge anyone to make a call faster than with the HOP1800," says Hop-On CEO Peter Michaels. "With the cost of living and roaming fees going though the roof, the HOP1800 is also the perfect iPhone traveling companion. Just buy a local SIM card and you can use the HOP1800 with over 40 domestic wireless carriers," Michaels said.
Both HOP1800 phones, one a Dual-band 850/1900MHz or the 900/1800MHz for Europe and Asia, weigh a scant 77 grams, offers 4 hours of talk time, 150 hours of standby time and polyphonic ring tones. Though low in cost, the HOP1800 uses reliable Infineon chip sets for excellent audio quality, reception and call stability.
At a $10 price point in the US retail and convenient stores, the HOP1800 could be considered disposable, but the company offers a $5 rebate for returning the phone to encourage recycling the phone to "Keep it Green".
Keeping it simple
The HOP1800 is a study in simplicity. There is no display. A tactile numeric keypad with Braille markings, offers reassuring buttons that touch screen cell phone users are longing for. Being a pre-paid cell phone, no contracts are required so you can be up and talking in seconds. The HOP1800 can be used with over 40 US carriers including AT&T, Cingular and T-Mobile as well as through Hop-On's own low cost Graffiti Wireless(TM) network.
Co-Branding Opportunities
The HOP1800 is now available to retailers such as drug and convenience stores, big box retailers and to businesses looking for a unique branding opportunity. Hop-on can imprint sport teams or corporate logos on the HOP1800, making it one of the most unique - and useful - premiums available. "Instead of another coffee mug, offering a branded cell phone is a memorable branding opportunity that will literally keep you in touch with your customers. What would be a better way for companies, such as insurance brokers to give to their customers, handy in case of an accident!" adds Michaels.
For more information, visit http://www.hop-on.com/.
About Hop-On, Inc.
HOP-ON (Pink Sheets: HPNN) develops and markets wireless phones and accessories for emerging markets and other domestic carriers and is best known for developing the world's first disposable cell phone. Currently, Hop-On is expanding into value-added services, like mobile gambling and SMS wagering. Hop-On's exclusive software will allow users to stream live interactive feed from legal jurisdictions to play poker, blackjack, roulette and baccarat on personal cell phones.
For more information, visit http://www.hop-on.com/.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All Statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
CONTACT:
Hop-on, Inc.
Danny Coleman
(949) 756-9008
Hop-On, Inc.
CONTACT: Danny Coleman of Hop-on, Inc., +1-949-756-9008
Web site: http://www.hop-on.com/
The Bahamas Leaps Forward with Next Generation Network from Sonus NetworksMarket Leader Chosen By The Bahamas Telecom Company To Migrate Existing Countrywide Wireline Network To IP Based Infrastructure
WESTFORD, Mass., May 23 /PRNewswire-FirstCall/ -- Sonus Networks, Inc. , a market leader in IP communications infrastructure, and The Bahamas Telecommunications Company Limited (BTC) have signed an agreement to bring a next generation communications network to The Bahamas. This is a major advancement in the convergence of voice and Internet services that will give the people of The Bahamas a world leading communications infrastructure.
Sonus Networks has been chosen to replace the legacy technology across the entire wireline network, and will plan and manage the migration and implementation from core to edge of the new network, using its IP based technology. Sonus will also deploy equipment from market leading access solutions partner Calix, to manage and deliver advanced IP services from the central office to the network edge. BTC is making this investment in the future of the Bahamian Commonwealth's communications industry to provide a network that will enable it to maintain a lead over future competitors and be responsive to subscribers' needs.
"The Bahamas Telecommunications Company continues to deliver on its promise to provide leading edge technology to maintain the competitive position of The Bahamas in the global marketplace. Our customers deserve the highest quality of voice and Internet services," commented I. Kirk Griffin, executive vice president at BTC. "By migrating from the traditional network to an IP-based infrastructure from Sonus Networks, we are bringing world class communications throughout our region. We are preparing for the future delivery of next generation network services, enabling our business and residential communities to remain globally competitive and connected."
BTC concluded that the fully integrated IP-based platform from Sonus Networks will bring significant reduction in the amount of equipment needed to manage the growing traffic across BTC's network, when compared to their existing legacy systems. BTC estimates that, by choosing Sonus technology, it will save over a million dollars a year in energy costs alone, and approximately another million dollars a year in maintenance and upgrades. The plan also includes a disaster recovery site located in Miami, to allow BTC to quickly recover the islands' communications network, should an unforeseen event such as a hurricane cause outages in Nassau.
"BTC is taking a leap forward, and investing in the future of communications," commented Hassan Ahmed, CEO and chairman at Sonus Networks. "BTC is ahead of many major carriers in its adoption of IP-based telephony. We are proud to be chosen for this country-wide deployment, and look forward to continuing our relationship with BTC, enabling it to deliver new services to both business and home subscribers."
Sonus is migrating the entire wireline network, which is spread across 16 islands. The Sonus components that will be implemented include the Sonus Insight Element Management System (EMS)(TM), Sonus PSX (TM), Sonus GSX9000 (TM) media gateway and Network Border Switch(TM), the Sonus ASX (TM) Class 5 feature server and Sonus SGX (TM). This advanced IP-based network also includes the integration of access solutions from Calix, including the Calix C7 Multiservice Access Platform (MSAP); the most widely deployed MSAP in North America. The network components will be primarily installed in the islands of Grand Bahamas and New Providence. The other islands will be served by this centralized equipment over the BTC MPLS network. BTC will also have equipment located in Miami, to terminate traffic to local US carriers, as well as function as a disaster recovery site. If an unforeseen event occurs, the islands' communications network can be quickly recovered by the back up network components located in Miami.
About Sonus Networks
Sonus Networks, Inc. is a market leader in IP communications infrastructure for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Westford, Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com/.
This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to Item 1A "Risk Factors" of Sonus' Quarterly Report on Form 10-Q for the period ended March 31, 2008, filed with the SEC, which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Risk factors include among others: the impact of material weaknesses in our disclosure controls and procedures and our internal control over financial reporting on our ability to report our financial results timely and accurately; the unpredictability of our quarterly financial results; risks and uncertainties associated with the Company's restatement of its historical stock option granting practices and accounting including regulatory actions or litigation; risks associated with our international expansion and growth; consolidation in the telecommunications industry; and potential costs resulting from pending securities and patent litigation against the Company. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so, except as required by law.
Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
For more information, please contact:
Sonus Investor Relations: Sonus Media Relations: BTC Media Relations:
Jocelyn Philbrook Lucy Millington Indira Collie
978-614-8672 978-614-8240 242-302-7573
jphilbrook@sonusnet.com lmillington@sonusnet.com icollie@btcbahamas.com
Sonus Networks, Inc.
CONTACT: Investors, Jocelyn Philbrook, +1-978-614-8672, jphilbrook@sonusnet.com, or Media, Lucy Millington, +1-978-614-8240, lmillington@sonusnet.com, both of Sonus Networks, Inc.; or Indira Collie of The Bahamas Telecommunications Company Limited, +1-242-302-7573, icollie@btcbahamas.com
Web site: http://www.sonusnet.com/
Atheros to Present at Cowen, Lehman Conferences
SANTA CLARA, Calif., May 23 /PRNewswire-FirstCall/ -- Atheros Communications, Inc. , a leading developer of advanced wireless and wired network communications solutions, today announced that Jack Lazar, chief financial officer and vice president of corporate development, will present at the Cowen and Company 20/20 TMT Conference on Wednesday, May 28 at The New York Palace Hotel.
On Thursday, May 29, Mr. Lazar will present at the Lehman Brothers Worldwide Wireless and Wireline Conference at the Hilton Hotel in New York.
The presentation at the Cowen & Company conference is scheduled for 2:35 p.m. Eastern time, and the presentation at the Lehman Brothers conference is scheduled for 12:30 p.m. Eastern time. These presentations will be webcast live via the investor relations section of the Atheros website at http://www.atheros.com/.
About Atheros Communications, Inc.
Atheros Communications is a leading developer of semiconductor system solutions for wireless and wired communications products. Atheros combines its wireless systems expertise with high-performance radio frequency (RF), mixed signal and digital semiconductor design skills to provide highly integrated chipsets that are manufacturable on low-cost, standard complementary metal-oxide semiconductor (CMOS) processes. Atheros technology is being used by a broad base of leading customers, including personal computer, networking equipment and consumer device manufacturers. For more information, visit http://www.atheros.com/ or send email to info@atheros.com .
Atheros Communications, Inc.
CONTACT: Jack Lazar, Chief Financial Officer of Atheros Communications, Inc., +1-408-773-5200; or Deborah Stapleton, President of Stapleton Communications Inc., +1-650-470-0200, for Atheros Communications, Inc.
Web site: http://www.atheros.com/
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