Kontor New Media et Qtrax signent un contrat de licence numérique
The Quantum Group & IBM Sign Research Collaboration Agreement for the LA Grid University Consortium
WELLINGTON, Fla., May 28 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (http://www.quantummd.com/), a provider of business process solutions, service chain management, strategic consulting and leading edge technology innovations to the healthcare industry, announced today that it is joining IBM's Latin American Grid (LA Grid) initiative. LA Grid is comprised of a collection of human and computing resources in North America, Latin America and Spain, working in collaboration to perform as one massive supercomputer. Quantum now joins twelve other member universities worldwide and IBM in the development of this multi-national, distributed network platform for advanced research.
The LA Grid network, the largest academic multi-national computer grid, is already active in four universities in the United States, four in Mexico, two in Argentina, one in Puerto Rico and the Supercomputing Centers in Barcelona, Spain and San Luis Potosi, Mexico. Advanced research in Hurricane and Weather Modeling, Bio-Tech and Bio-Information has already led to a number of scientific grants and publications.
The portfolio of LA Grid stands to benefit from the unique expertise of Quantum in healthcare systems, strategic consulting and service chain management solutions coupled with the cutting-edge technology the Company has developed.
"IBM has invested in a strategy that applies the use of technology to solve societal challenges through collaboration with university and industry partners around the world," said Juan F. Caraballo, LA Grid Program Director. "The LA Grid initiative is a perfect example of this strategy and how working in a globally integrated environment can make strides toward solving major societal issues such as those encountered in healthcare. In the process, we are also contributing to the development of the next-generation of computer scientists. We are pleased that The Quantum Group is the latest addition, and the first healthcare industry partner, to the LA Grid team, as access to real-life healthcare experience is vital to the quality of research already underway."
Noel J. Guillama, President and CEO of The Quantum Group commented, "We anticipate that advances in healthcare will be greatly accelerated through this partnership. In addition, our access to privatized and secure records will provide fertile ground for advanced research in an industry seeking greater effectiveness, efficiency and innovation."
Pete Martinez, Senior Vice President and Chief Technology & Innovations Officer for The Quantum Group stated, "The Healthcare industry is ripe for the implementation of technology-based solutions. Medical records today are dispersed across thousands of medical offices, hospitals and ancillary facilities. The ability to manage such a large volume of records will require flexible networks that can integrate data quickly and securely. LA Grid is a perfect living laboratory for research to advance the healthcare industry."
About The Quantum Group, Inc.
The Quantum Group provides business process solutions, service chain management, strategic consulting and leading edge technology innovations to the healthcare industry.
Through our dynamic patient-centric architecture, we empower the communication that is critical for the coordination of care and take aim at the $600 billion inefficiency gap in the United States healthcare industry. We are guided by a mission to develop efficiencies, improve the quality of patient care and achieve cost reductions for the nation's largest and fastest growing industry.
We have developed leading-edge technology with the creation and deployment of a series of innovative patent-pending initiatives. Through approximately 2,000 healthcare providers and multiple insurance company relationships under management, we are positioned to be a catalyst for change to the Florida healthcare industry.
Certain statements contained in this news release, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial uncertainties and risks in part detailed in the respective company's Securities and Exchange Commission 10-KSB, 10-QSB, S-8 and 8-K filings (and amendments thereto) that may cause actual results to materially differ from projections. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates" and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. Such risk factors include, without limitation, the ability of the Company to properly execute its business model, to raise substantial and immediate additional capital to implement its business model, to attract and retain executive, management and operational personnel, to negotiate favorable current debt and future capital raises, to negotiate favorable agreements with a diversified provider base and to continue to supply the services needed by its HMO clients as well physician clients. The Company does not undertake any obligation to publicly update any forward-looking statements. There can be no assurance that the provisional patents discussed in this press release will be granted by the US Patent and Trademark Office, or, if they are granted, they will not be challenged by third parties, or if not that we will be able to effectively use or commercialize such patents and/or we may not have the resources to deploy such technology. As a result, investors should not place undue reliance on these forward-looking statements.
FOR MORE INFORMATION, PLEASE CONTACT:
PR Financial Marketing
Jim Blackman: 713-256-0369
jim@prfmonline.com
or
Danielle Amodio
Vice President Corporate Communications
The Quantum Group, Inc.
561.798.9800
The Quantum Group, Inc.
CONTACT: Jim Blackman, PR Financial Marketing, +1-713-256-0369,
jim@prfmonline.com, for The Quantum Group, Inc., or Danielle Amodio of The
Quantum Group, Inc., Vice President Corporate Communications, +1-561-798-9800
Web site: http://www.quantummd.com/
MTS Launches 3G in RussiaFirst Pan-Regional 3G Network in Russia to Initially Cover Four Cities
MOSCOW, May 28 /PRNewswire-FirstCall/ -- Mobile TeleSystems OJSC , the largest mobile phone operator in Russia and the CIS, announced the commercial launch of its 3G network in Saint Petersburg and technical readiness of 3G networks for commercial launch in Sochi, Yekaterinburg and Kazan.
Saint Petersburg becomes the first Russian city where MTS launched its next-generation network. The Company plans to launch additional 3G networks in over 10 cities during 2008 and in up to 40 cities in Russia through 2009. MTS also holds 3G licenses in Uzbekistan and Armenia, where the network will be launched as early as 2009. The Company plans to invest around 38 billion roubles(1) in 3G network development over the next three years to provide high-speed data transfer services to its customers in Russia and the CIS.
The key benefit of a next-generation network is the ability to provide customers with faster data download speeds with top download capacity using HSPA technology up to 3.6 Mbit/s. This is over ten times faster than the currently available 2G EDGE technology. Higher speeds enable faster download of mobile content and higher quality email services, particularly for work with large attachments. 3G brings true mobile broadband to subscribers of MTS Connect, a proprietary mobile Internet solution from MTS that comes as a modem for desktop PCs or laptops.
MTS also launched a number of innovative services available only through the 3G infrastructure. Customers on the new network are now able to make video calls, access mobile TV and roam on 3G networks. In addition, international roamers are able to access fast speeds and advanced services on MTS' 3G networks.
"With the launch of 3G networks in major regions of Russia, MTS is starting a new phase in the development of telecommunications in the CIS. We are keen to offer 3G services to our customers, as we see great demand for data and broadband solutions in Russia," noted Mr. Mikhail Shamolin, CEO of MTS Russia.
Mr. Shamolin continued: "We believe that conditions for the 3G launch in Russia are more favorable than in the developed markets. Today's HSPA-enabled infrastructure allows download speeds up to 10 times faster than the first phase of 3G networks, while the costs for equipment and devices are significantly cheaper. We have access to best-practice implementation from around the world and our 3G network benefits from higher-quality and more advanced mobile services and devices."
Development of the 3G network is a cornerstone of MTS' strategy to provide mobile broadband in the CIS. As the CIS markets demonstrate relatively low levels of fixed-line penetration and historic underinvestment in infrastructure, MTS views its networks as an ideal vehicle to meet the growing broadband Internet needs of its subscribers through attractive data products and services. MTS possesses 3G licenses in Russia, Uzbekistan and Armenia, as well as operating a CDMA-450 network in Ukraine to provide high-speed data access for its clients.
Mobile TeleSystems OJSC ("MTS") is the largest mobile phone operator in Russia and the CIS. Together with its subsidiaries, the Company services over 85.68 million subscribers. The regions of Russia, as well as Armenia, Belarus, Turkmenistan, Ukraine, and Uzbekistan, in which MTS and its associates and subsidiaries are licensed to provide GSM services, have a total population of more than 230 million. Since June 2000, MTS' Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). Additional information about MTS can be found on MTS' website at http://www1.mtsgsm.com/.
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," and the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission, specifically the Company's most recent Form 20-F. These documents contain and identify important factors, including those contained in the section captioned "Risk Factors" that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, potential fluctuations in quarterly results, our competitive environment, dependence on new service development and tariff structures, rapid technological and market change, acquisition strategy, risks associated with telecommunications infrastructure, risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject to risks.
---------------------------------
(1) Approximately $1.6 billion according to the official exchange rate on May 28, 2008.
For further information, please contact:
Mobile TeleSystems, Moscow Investor Relations
Tel: +7-495-223-2025
E-mail: ir@mts.ru
Mobile TeleSystems OJSC
CONTACT: For further information, please contact: Mobile TeleSystems,
Moscow Investor Relations, Tel: +7-495-223-2025, E-mail: ir@mts.ru
Asian American Business Group Names Verizon Wireless CIO One of 50 Outstanding Asian Americans in Business
NEW YORK, May 28 /PRNewswire/ -- The Asian American Business Development Center (AABDC) has named Verizon Wireless' Chief Information Officer Ajay Waghray as one of 50 Outstanding Asian Americans in Business. Waghray will be honored at an awards dinner and ceremony held here tonight at the Waldorf-Astoria.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080528/NYW018 )
The Asian American Business Development Center supports Asian American businesses and has organized the Outstanding 50 Asian Americans in Business award since 2001. The award event highlights the contributions of Asian American businesses to the economy and recognizes senior-level corporate executives for their outstanding achievements and leadership.
Waghray has been a leader of the Verizon Wireless Information Technology organization since the company was founded in 2000. He is currently responsible for the company's IT strategy, systems portfolio development and operation of all supporting infrastructure. Waghray's leadership has been recognized through the years. Most recently, he was identified as a "Premier 100 IT Leader" by IDG's Computerworld in 2008 and as "One to Watch" by CIO magazine in 2006.
Waghray holds an MBA from the University of Pennsylvania's Wharton School of Business; a master's degree in Computer Science from West Virginia University; and a bachelor's degree in Mechanical Engineering from Birla Institute of Science (BITS) in Pilani, India.
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.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080528/NYW018
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN4
PRN Photo Desk, photodesk@prnewswire.com
Verizon Wireless
CONTACT: Tom Pica, Verizon Wireless, +1-908-559-7516,
Thomas.Pica@verizonwireless.com
Web site: http://www.verizonwireless.com/
STMicroelectronics Boosts 32-bit Design Flexibility with Major Extension of STM32 MCU FamilyUp to 512 Kbytes of Flash, extra SRAM and added peripherals enhance lowest-power ARM Cortex-M3-based family
GENEVA, May 28 /PRNewswire-FirstCall/ -- STMicroelectronics , a world leader in microcontrollers, has increased both the scalability and peripheral options of its breakthrough 32-bit STM32 MCU family. Unveiled by ST in June 2007, the STM32 MCU has since reaped significant success with design wins and production ramp-up at many industry leaders in a wide range of high-volume applications. The company is now expanding the family to provide up to 512 Kbytes of on-chip Flash, larger SRAM and extra features for displays, sound, storage and advanced control. The STM32 family is built on the 32-bit ARM(R) Cortex(TM)-M3 CPU, and combines low power consumption with multiple power-saving modes for optimal performance in products such as industrial equipment, building-services controllers, medical devices and computer peripherals.
ST has added 28 new devices to the STM32 family, including devices in 36-pin packages at the low end and 144-pin packages at the high end. Compatibility of pin assignments, peripherals and software across all STM32 devices remains a core technical feature throughout this extended family of microcontrollers. The latest MCUs provide 256 Kbytes, 384 Kbytes or 512 Kbytes of embedded Flash for code and data storage, enabling developers to implement new features and enhance the capabilities of existing product platforms. Embedded SRAM has also been increased, to 64 Kbyte for the 72MHz Performance Line variants, and 48 Kbytes for the 36MHz Access Line devices. The Access Line is engineered to encourage entry to 32-bit design for cost-constrained applications, or 16-bit designs.
Extra peripherals embedded in MCUs with 256 Kbytes and larger Flash memories include a Flexible Static-Memory Controller (FSMC) supporting NOR and NAND Flash, SRAM, and CompactFlash memories. The FSMC also supports Intel 8080 and Motorola 6800 modes for parallel interface with LCD controllers. These MCUs also feature a host interface for removable media including SD (Secure Digital), SDIO (Secure Digital Input/Output) and MMC (MultiMediaCard), meeting MultiMediaCard System Specification 4.42 for 8-bit data transfer at 48MHz.
In addition, an I2S port supporting master and slave modes and audio-sampling frequencies from 8kHz to 48kHz has been added, as well as a 2-channel 12-bit DAC and an Embedded Trace Macrocell (ETM) to enhanced debug capabilities. Additional standard peripherals are included with a combination of up to five UARTs/USARTs and three SPI and two I2C bus interfaces. This new combination of peripherals allows the STM32 family to address new markets that require superior connectivity and additional control.
The new STM32 devices are available in LQFP64, LQFP/BGA100 and LQFP144/BGA144 packages. For lower memory-density versions, featuring 32 Kbytes or 64 Kbytes of Flash, a new QFN36, the smallest 6 x 6mm package in the STM32 family, has also been introduced, thereby supporting extended platform scalability for developers seeking a cost-effective common-hardware strategy for multiple market opportunities.
In addition, the new Performance Line MCUs, with 256 Kbytes to 512 Kbytes of Flash, now include an extra PWM timer, offering two timers with seven outputs and dead-time control. These two PWM timers combine up to four standard 16-bit timers to allow support of up to twenty-eight PWM signals using the largest package. With an extra 12-bit ADC, these devices provide up to 21 channels of ADC with triple sample-and-hold capability. This gives the STM32 dual motor-control capabilities, to enable it to drive two 3-phase brushless motors at the same time for air-conditioning units and applications requiring four-wheel drive, for example. All Performance Line MCUs also include a USB port and CAN interface.
In all, the STM32 product range now comprises 46 different Performance Line and Access Line devices. The STM32 environment allows developers to build applications on a standard core, drawing on a large ecosystem of software and tools. Support for developers includes a new ST evaluation board for the latest models introduced, software and firmware libraries, and a wide variety of compatible third-party tools.
The latest STM32 MCUs in the QFN36 package are in volume production and devices with 256 Kbytes and larger Flash memories are currently being sampled. Distribution pricing, in quantities of 10,000, for the STM32 MCUs is: $3.72 for 256 Kbytes of Flash in an LQFP64 and $5.88 for 512 Kbytes of Flash in an LQFP144 (Access Line); and $4.31 for 256 Kbytes of Flash in an LQFP64 and $6.51 for 512 Kbytes of Flash in an LQFP144 (Performance Line). The full family starts at 32 Kbytes and distribution pricing in quantities of 10,000 is: $1.80 for a 32-Kbyte Flash MCU (Access Line) and $2.20 for a 32-Kbyte Flash MCU (Performance Line) in a QFN36 package.
About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2007, the Company's net revenues were $10 billion. Further information on ST can be found at http://www.st.com/.
STMicroelectronics
CONTACT: Michael Markowitz of STMicroelectronics, +1-212-821-8959,
michael.markowitz@st.com
Web site: http://www.st.com/
SmartCard Marketing Systems Inc. (Pink Sheets: SMKG) Velocitymoney.com Sweepstakes 'Dare To Dream' a Growing Success for Personal and Business Accounts
SAN ANTONIO, May 28th /PRNewswire-FirstCall/ -- As stated by (Pink Sheets: SMKG) CEO Massimo Barone; "We are pleased to announce that the "DARE TO DREAM" sweepstakes which was launched in April of 2008 is being promoted at pre-selected Nascar Nationwide series and Sprint Series Cup events with the Velocitymoney.com models has already produced solid initial results.
Our goal to expand our customer base through Nascar enthusiasts allows us to further strengthen the Velocitymoney.com brand of services and our position in the market. Since our launch of the sweepstakes in April of 2008 we have had over 2000 registrations with an average daily 15 to 20 signups ongoing, which is materializing into new customer leads and activations on both personal and business accounts.
Management continues to focus on Sporting, Entertainment and Travel as an important method of materializing our growth strategy and capturing market share in the pre-paid and money remittance market. It is important to create brand awareness and market that strength nationwide and with the diverse demographic coverage of Nascar we believe that we can achieve brand awareness at a more accelerated rate and then focus in on specific regions with better results.
Furthermore we are pleased to announce that a similar sweepstakes strategy is being prepared for the Canadian marketplace with our existing Vendors to launch Velocitymoney.com at the Nascar Nationwide series coming to Montreal's Gilles Villeneuve track in August of 2008."
http://www.velocitymoney.com/ Sweepstakes
To enter or for more details visit http://www.velocitymoney.com/
We seek safe harbor.
SmartCard Marketing Systems Inc.
CONTACT: Massimo Barone of SmartCard Marketing Systems Inc.,
+1-866-774-2555, Maxbarone@gosmartcard.com
Web site: http://www.gosmartcard.com/
http://www.velocitymoney.com/
SectorWatch.biz Issues MarketStats on NBDL, DF, LWAY, TOF, and WFMI
IRVINE, Calif., May 28 /PRNewswire/ -- SectorWatch.biz announces the availability of MarketStats for organic food equities in the news and driving markets today. MarketStats offers a perspective on the aforementioned equities and the opportunity for investors to respond with articles and opinions on the subject and sector creating a confluence of opinion and analysis.
Investors can view MarketStats by visiting: http://www.sectorwatch.biz/ -- a division of financial news hub SmallCapSentinel.com.
Today's MarketStats for organic companies include NB Design and Licensing, Inc. (Pink Sheets: NBDL), Dean Foods Company , Lifeway Foods Inc. , Tofutti Brands, Inc. , Whole Foods Market, Inc. .
For a SmallCap Sentinel profile of organic company NB Design and Licensing, Inc. (Pink Sheets: NBDL) visit the following link: http://smallcapsentinel.com/archive/60
Visit SectorWatch's parent site SmallCapSentinel.com for an organic food related message board and to read or contribute articles on the subject. Users are invited to post editorials and messages on the website. Intelligent articles will be posted as "Member Editorials" for review by the investing public.
SectorWatch.biz is powered by Market Pathways, a leader in the representation of Small Cap equities for over twenty-five years. Market Pathways' analyst Brian Kelly holds CRD #288097. Contact us directly to have your company featured in StockUpTicks.com or SectorWatch.biz using the contact info below.
Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SectorWatch.biz, SmallCapSentinel.com and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies have not always approved the statements made in this report.
This report is neither a solicitation to buy nor an offer to sell securities but is for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor, analyst or licensed broker dealer and this report is not investment advice. MP has been paid fifteen thousand dollars by Organic Alliance Inc. for preparation and distribution of this report and other advertising services over a ninety day period. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject company.
SectorWatch.biz
CONTACT: Shannon Squyres, Editor, Market Pathways | SectorWatch.biz,
+1-949-955-0107
Web site: http://www.sectorwatch.biz/
http://smallcapsentinel.com/
Amerigon Climate Control Seat(TM) (CCS(TM)) System Featured on Distinctive Models of Redesigned 2009 Ford F-150 TruckCCS Will Be Standard Feature on New Lariat Platinum, King Ranch Models, Option on Lariat Model
NORTHVILLE, Mich., May 28 /PRNewswire-FirstCall/ -- Amerigon Incorporated , a leader in developing products based on advanced thermoelectric (TE) technologies for a wide range of global markets and applications, announced today that its proprietary Climate Control Seat(TM) (CCS(TM)) system will be offered on three of the distinctive, high-end models of the 2009 Ford F-150 truck, including the new Lariat Platinum, the Lariat and the King Ranch models. CCS will be a standard feature on the F-150's Lariat Platinum and King Ranch models and offered as an option on the Lariat.
The Ford F-150, traditionally America's best-selling and most popular vehicle, has redesigned the 2009 models inside and out, particularly the higher-end models that include CCS. The Lariat Platinum is completely new and designed to be the most luxurious F-150 ever built. It features a satin chrome grille and standard 20-inch, 16-inch spoke polished aluminum wheels and, inside, the CCS system is built into the 10-way captain's chairs upholstered with top-quality leather, tuxedo stitching and embroidered logos on the seatbacks.
The King Ranch, named after a sprawling Texas ranch, and Lariat models feature a list of upgrades including a Western motif and saddle-grade leather seats in some models. While the CCS system is offered as a standard feature on the King Ranch, CCS is being offered with an extensive option package in the 2009 Lariat model.
"Being a part of the Ford F-150 truck line is a significant milestone for Amerigon," said Amerigon President and Chief Executive Officer Daniel R. Coker. "As America's best selling vehicle, the F-150 may be the best known brand in the world when it comes to trucks. It is certainly one of the most respected truck lines ever produced. Furthermore, to have CCS be a standard feature on the Lariat Platinum, designed to be Ford's most luxurious truck, and King Ranch models and a featured option on the Lariat model, speaks to the respect our seat system has earned in the automotive industry. We are without question very proud to be a part of the new designs for Ford's best, most distinctive trucks."
About CCS
The CCS system, which is built around Amerigon's highly-efficient, solid-state thermoelectric device, is completely independent of the automobile's heating and air conditioning system and does not reduce power available to the engine. It also emits no CFCs or other gases and is completely friendly to the environment.
Air is forced through the heat pump in the CCS system and thermally conditioned in response to electronic switch input from the seat occupant. The conditioned air circulates by a specially designed fan through ducts in the seat cushion and seat back, so that the surface can be heated or cooled. Each seat has individual electronic controls to adjust the level of heating or cooling. CCS substantially improves comfort compared with conventional air conditioners by focusing the cooling directly on the passenger through the seat, rather than waiting until ambient air cools the seat surface behind the passenger.
Amerigon is the largest supplier of TE systems for cars, with more than 3.8 million thermoelectric-based seat systems sold.
About Amerigon
Amerigon develops products based on its advanced, proprietary, efficient thermoelectric (TE) technologies for a wide range of global markets and heating and cooling applications. The Company's current principal product is its proprietary Climate Control Seat(TM) (CCS(TM)) system, a solid-state, TE-based system that permits drivers and passengers of vehicles to individually and actively control the heating and cooling of their respective seats to ensure maximum year-round comfort. CCS, which is the only system of its type on the market today, uses no CFCs or other environmentally sensitive coolants. Amerigon maintains sales and technical support centers in Southern California, Detroit, Japan, Germany and England.
Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties, and actual results may be different. Important factors that could cause the Company's actual results to differ materially from its expectations in this release are risks that sales may not significantly increase, additional financing, if necessary, may not be available, new competitors may arise and adverse conditions in the automotive industry may negatively affect its results. The liquidity and trading price of its common stock may be negatively affected by these and other factors. Please also refer to Amerigon's Securities and Exchange Commission filings and reports, including, but not limited to, its Form 10-Q for the period ended March 31, 2008 and its Form 10-K for the year ended December 31, 2007.
Contact: Allen & Caron Inc
Jill Bertotti (investors)
jill@allencaron.com
Len Hall (media)
len@allencaron.com
(949) 474-4300
Amerigon Incorporated
CONTACT: Investors, Jill Bertotti, jill@allencaron.com, or Media, Len
Hall, len@allencaron.com, both of Allen & Caron Inc, +1-949-474-4300, for
Amerigon Incorporated
Swisscom and Verizon Business Enter Strategic AllianceAgreement Enhances Customer Experience Through 'One-Touch' Approach for Multinationals Operating in Switzerland
ZURICH, Switzerland, May 28 /PRNewswire/ -- Verizon Business, a leader in the delivery of global Internet protocol-based enterprise communications, and Swisscom, Switzerland's leading telecommunications provider, today announced an alliance that will provide enhanced global service and support capabilities to Swiss multinational companies and companies with operations in the Swiss market.
Swisscom and Verizon Business have established a preferred partnership that will deliver network and information and communications technology services and solutions to their customers. Swisscom customers with multinational operations will gain seamless access to Verizon Business' expansive global network and solutions; Verizon Business customers with operations in the Swiss market will likewise be able to benefit from Swisscom's extensive local market expertise, dense infrastructure and customer service organization. Customers that are served by both companies will benefit from an enhanced customer experience, with a streamlined service offering around the globe including integrated networks, convergent services, seamless processes and comprehensive customer services.
Under the alliance, a specialist team drawn from both companies will be created to serve joint Swisscom and Verizon Business multinational customers. The new team will offer customers a single point of contact to fulfill both their local and global communications requirements.
Swisscom is an acknowledged leader in the delivery of enterprise communication services within the Swiss market, while Verizon Business is recognized for its extensive global networks and ability to deliver integrated communications and information technology (IT) solutions to large-business and government customers worldwide. Additionally, both companies deliver security and IT outsourcing solutions.
"This alliance will significantly enhance our ability to meet the global communications needs of multinational customers based in, or operating in, the Swiss marketplace," said Urs Schaeppi, head of corporate business and a member of Swisscom's executive board. "Simplifying infrastructure management is a key concern for CIOs who are being asked to streamline costs, yet enhance performance. In Verizon Business, we have a partner with the global knowledge, reach and breadth of capabilities to perfectly complement our own deep local experience and close customer relationships. We look forward to bringing both companies' expertise to bear in the service of our joint customers."
Blair Crump, Verizon Business group president, international and premier accounts, said, "The Swiss market is unique in terms of the high proportion of multinational corporations with local headquarters. To ensure operational integrity both locally and with dispersed global sites, these corporations have exceptionally high expectations of both their in-country and global communications infrastructure. This alliance is all about helping our joint customers to more effectively serve their own customers; we will be able to focus each company's operations to better serve their customers' needs."
Both Swisscom and Verizon Business will continue to operate as usual within the Swiss market and globally to serve their respective customers not affected by this alliance.
About Swisscom Corporate Business
Whether voice or data, mobile or fixed network, individual products or integrated solutions: As the leading business communications provider, Swisscom Corporate Business supports its customers with the planning, implementation and operation of their IT and communications infrastructure, offering cost-effective solutions and reliable services
About Verizon Business
Verizon Business, a unit of Verizon Communications , operates the world's most connected public IP network and uses its industry-leading global-network capabilities to offer large-business and government customers an unmatched combination of security, reliability and speed. The company integrates advanced IP communications and information technology (IT) products and services to deliver leading enterprise solutions including managed services, security, mobility, collaboration and professional services. These solutions power innovation and enable the company's customers to do business better. For more information, visit http://www.verizonbusiness.com/.
Verizon Business
CONTACT: Jo Perrin, Verizon Business, +44 770 252 5868,
jo.perrin@verizonbusiness.com; Swisscom AG media relations, +41 31 342 91 93,
media@swisscom.com
Web site: http://www.verizonbusiness.com/
Company News On-Call: http://www.prnewswire.com/comp/618232.html
Swisscom and Verizon Business Enter Strategic Alliance
ZURICH, Switzerland, May 28 /PRNewswire/ --
- Agreement Enhances Customer Experience Through 'One-Touch' Approach for
Multinationals Operating in Switzerland
Verizon Business, a leader in the delivery of global Internet
protocol-based enterprise communications, and Swisscom, Switzerland's leading
telecommunications provider, today announced an alliance that will provide
enhanced global service and support capabilities to Swiss multinational
companies and companies with operations in the Swiss market.
Swisscom and Verizon Business have established a preferred partnership
which will deliver network and information and communications technology
services and solutions to their customers. Swisscom customers with
multinational operations will gain seamless access to Verizon Business'
expansive global network and solutions; Verizon Business customers with
operations in the Swiss market will likewise be able to benefit from
Swisscom's extensive local market expertise, dense infrastructure and
customer service organization. Customers that are served by both companies
will benefit from an enhanced customer experience, with a streamlined service
offering around the globe including integrated networks, convergent services,
seamless processes and comprehensive customer services.
Under the alliance, a specialist team drawn from both companies will be
created to serve joint Swisscom and Verizon Business multinational customers.
The new team will offer customers a single point of contact to fulfill both
their local and global communications requirements.
Swisscom is an acknowledged leader in the delivery of enterprise
communication services within the Swiss market, while Verizon Business is
recognised for its extensive global networks and ability to deliver
integrated communications and information technology (IT) solutions to
large-business and government customers worldwide. Additionally, both
companies deliver security and IT outsourcing solutions.
"This alliance will significantly enhance our ability to meet the global
communications needs of multinational customers based in, or operating in,
the Swiss marketplace," said Urs Schaeppi, head of corporate business and a
member of Swisscom's executive board. "Simplifying infrastructure management
is a key concern for CIOs who are being asked to streamline costs, yet
enhance performance. In Verizon Business, we have a partner with the global
knowledge, reach and breadth of capabilities to perfectly complement our own
deep local experience and close customer relationships. We look forward to
bringing both companies' expertise to bear in the service of our joint
customers."
Blair Crump, Verizon Business group president, international and premier
accounts, said, "The Swiss market is unique in terms of the high proportion
of multinational corporations with local headquarters. To ensure operational
integrity both locally and with dispersed global sites, these corporations
have exceptionally high expectations of both their in-country and global
communications infrastructure. This alliance is all about helping our joint
customers to more effectively serve their own customers; we will be able to
focus each company's operations to better serve their customers' needs."
Both Swisscom and Verizon Business will continue to operate as usual
within the Swiss market and globally to serve their respective customers not
affected by this alliance.
About Swisscom Corporate Business
Whether voice or data, mobile or fixed network, individual products or
integrated solutions: As the leading business communications provider,
Swisscom Corporate Business supports its customers with the planning,
implementation and operation of their IT and communications infrastructure,
offering cost-effective solutions and reliable services
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ), operates
the world's most connected public IP network and uses its industry-leading
global-network capabilities to offer large-business and government customers
an unmatched combination of security, reliability and speed. The company
integrates advanced IP communications and information technology (IT)
products and services to deliver leading enterprise solutions including
managed services, security, mobility, collaboration and professional
services. These solutions power innovation and enable the company's customers
to do business better. For more information, visit www.verizonbusiness.com.
Web site: http://www.verizonbusiness.com
http://www.verizon.com
Verizon Business
Jo Perrin, Verizon Business, +44-770-252-5868, jo.perrin@verizonbusiness.com; or Swisscom AG media relations, +41-31-342-91-93, media@swisscom.com ; Company News On-Call: http://www.prnewswire.com/comp/618232.html
UPDATE: Shanda Reports First Quarter 2008 Unaudited Results
-- Net revenues hit record high of US$111.1 million, up 46.5% YoY and
9.2% QoQ
-- Operating income hit record high of US$44.5 million, up 39.0% YoY and
11.9% QoQ
-- Diluted earnings per ADS US$0.56
SHANGHAI, China, May 28 /Xinhua-PRNewswire/ -- Shanda Interactive Entertainment Limited , or Shanda, a leading interactive entertainment media company in China, today announced its unaudited consolidated financial results for the first quarter ended March 31, 2008.
First Quarter 2008 Highlights(1)
-- Consolidated net revenues increased 46.5% year-over-year and 9.2%
quarter-over-quarter to a record high of RMB779.8 million
(US$111.1 million), compared to the Company's previous guidance of
quarter-over-quarter growth between 6% and 9%.
-- Revenues from MMORPGs increased 54.8% year-over-year and 6.3%
quarter-over-quarter to a record high of RMB640.8 million
(US$91.3 million).
-- Revenues from casual games increased 28.1% year-over-year and 36.0%
quarter-over-quarter to a record high of RMB116.6 million
(US$16.6 million).
-- Operating income increased 39.0% year-over-year and 11.9% quarter-
over-quarter to a record high of RMB312.1 million (US$44.5 million).
-- Non-GAAP(2) net income was RMB304.2 million (US$43.3 million),
compared with RMB215.4 million in the first quarter of 2007 and
RMB309.6 million the fourth quarter of 2007. Non-GAAP earnings per
diluted ADS were RMB4.14 (US$0.60), compared with RMB2.95 in the
first quarter of 2007 and RMB4.20 in the fourth quarter of 2007.
-- Net income was RMB288.8 million (US$41.2 million), compared with
RMB448.8 million in the first quarter of 2007 and RMB292.6 million in
the fourth quarter of 2007. Earnings per diluted ADS were RMB3.94
(US$0.56), compared with RMB6.14 in the first quarter of 2007 and
RMB3.98 in the fourth quarter of 2007.
-- Active paying accounts (APA) for all the games in commercial
operation increased 19.2% quarter-over-quarter to 6.03 million.
-- APA for MMORPGs increased 18.3% quarter-over-quarter to
4.11 million. Average monthly revenue per active paying account
(ARPU) for MMORPGs decreased 10.1% quarter-over-quarter to RMB52.0
due to dilution caused by the relatively lower APRU from new APAs in
the first quarter of 2008.
-- APA for casual games increased 21.3% quarter-over-quarter to
1.92 million. Average monthly revenue per active paying account
(ARPU) for casual games increased 12.1% quarter-over-quarter to
RMB20.3.
(1) The conversion of Renminbi (RMB) into U.S. dollars in this release
is based on RMB7.0190 to US$1.00 as published by the People's Bank of
China on March 31, 2008. The percentages stated in this press release
are calculated based on the RMB amounts.
(2) Non-GAAP measures are disclosed below and reconciled to the
corresponding GAAP measures in the section below titled "Non-GAAP
Financial Measures".
''Shanda has achieved another quarter of solid progress in the first quarter of 2008 based upon the successful implementation of the Company's 3C strategy of Content, Community and Commerce. Quarterly net revenues surpassed the US$100 million mark, with strong growth achieved in both MMORPGs and casual games. We continue to drive the expansion of our paying user base through content upgrades, unified platform and customized services, which resulted in the double-digit quarter-over-quarter growth in active paying accounts for both MMORPGs and casual games,'' said Tianqiao Chen, Chairman and Chief Executive Officer of Shanda. ''As we look ahead to the remainder of this year, we believe that our diversified content portfolio and strong operating platform will continue to generate sustainable and scalable long-term growth for the Company.''
Conference Call and Webcast Notice
Shanda will host a conference call on Wednesday, May 28, 2008 at 8:00 am (Eastern Time) / 8:00 pm (Beijing/Hong Kong time), to present an overview of the Company's financial performance and business operations. A live webcast of the conference call will be available on the Company's corporate website at http://www.snda.com/ .
First Quarter 2008 Financial Results(1)
Net Revenues. In the first quarter of 2008, Shanda reported net revenues of RMB779.8 million (US$111.1 million), representing an increase of 46.5% from RMB532.3 million in the first quarter of 2007 and 9.2% from RMB714.2 million in the fourth quarter of 2007.
Online game revenues, including MMORPGs and casual games, were RMB757.4 million (US$107.9 million) in the first quarter of 2008, representing an increase of 50.0% from RMB505.0 million in the first quarter of 2007 and 10.0% from RMB688.4 million in the fourth quarter of 2007.
Revenues from MMORPGs in the first quarter of 2008 increased 54.8% year- over-year and 6.3% quarter-over-quarter to RMB640.8 million (US$91.3 million), accounting for 82.2% of total revenues. The sequential growth in MMORPG revenues was primarily driven by expansion packs for existing game titles, in- game promotions, as well as enhanced community stickiness on our unified platform.
The number of APA for MMORPGs increased 18.3% from 3.47 million in the fourth quarter of 2007 to 4.11 million in the first quarter of 2008, due to the continuous efforts to convert free players to paying users. ARPU for MMORPGs decreased 10.1% to RMB52.0 in the first quarter of 2008 from RMB57.8 in the fourth quarter of 2007, primarily due to dilution caused by the relatively lower APRU from new APAs in the first quarter of 2008.
Revenues from casual games in the first quarter of 2008 increased 28.1% year-over-year and 36.0% quarter-over-quarter to RMB116.6 million (US$16.6 million), accounting for 15.0% of total revenues. The quarter-over-quarter increase in casual games revenues was driven by the release of expansion packs for existing game titles, virtual promotions, seasonal strength related to students' winter holiday and Chinese New Year, as well as enhanced stickiness to our unified virtual community.
As a result, the number of APA for casual games increased 21.3% from 1.68 million in the fourth quarter of 2007 to 1.92 million in the first quarter of 2008. ARPU for casual games increased 12.1% quarter-over-quarter to RMB20.3.
Other revenues in the first quarter of 2008 was RMB22.4 million (US$3.2 million), compared with RMB27.3 million in the first quarter of 2007 and RMB25.8 million in the fourth quarter of 2007.
Gross Profit. Gross profit for the first quarter of 2008 was RMB542.1 million (US$77.2 million), representing a 56.2% increase from RMB347.0 million in the first quarter of 2007 and a 13.1% increase from RMB479.3 million in the fourth quarter of 2007. Gross margin was 69.5% in the first quarter of 2008, compared with 65.2% in the first quarter of 2007 and 67.1% in the fourth quarter of 2007.
Income from Operations. Operating income for the first quarter of 2008 was RMB312.1 million (US$44.5 million), representing a 39.0% increase from RMB224.5 million in the first quarter of 2007 and a 11.9% increase from RMB278.9 million in the fourth quarter of 2007. Operating margin was 40.0% in the first quarter of 2008, compared with 42.2% in the first quarter of 2007 and 39.1% in the fourth quarter of 2007.
Share-based compensation was RMB15.4 million (US$2.1 million) in the first quarter of 2008, compared with RMB11.4 million in the first quarter of 2007 and RMB17.0 million in the fourth quarter of 2007.
Non-Operating Income. Net non-operating income for the first quarter of 2008 was RMB5.5 million (US$0.8 million), compared with RMB248.2 million in the first quarter of 2007 and RMB37.5 million in the fourth quarter of 2007. The year-over-year difference was primarily due to investment income of RMB244.8 million generated in connection with the disposal of SINA shares in the first quarter of 2007. Non-operating income contributed from government financial incentives amounted to RMB1.8 million (US$0.3 million) in the first quarter of 2008, compared with RMB14.4 million in the first quarter of 2007 and RMB14.2 million in the fourth quarter of 2007.
Income Tax Expense. Income tax expense for the first quarter of 2008 was RMB28.7 million (US$4.1 million), compared with income tax expenses of RMB23.8 million in the first quarter of 2007 and RMB23.8 million in the fourth quarter of 2007.
Effective as of January 1, 2008, the Chinese government adopted a new income tax law which unified the enterprise income tax payable by domestic and foreign-invested enterprises at 25%. Prior to the adoption of the new law, a number of the Group's subsidiaries and VIEs were entitled to various preferential tax treatments. The Chinese tax authorities are currently in the process of establishing a framework to receive and process applications from domestic and foreign-invested enterprises for the qualification of high and new technology enterprise and granting preferential tax policies to the entities in this category. The Directors of the Company believe it is appropriate to report the Company's income tax provision at the new statutory income tax rate of 25% beginning in the quarter ended March 31, 2008, except for certain of the Group's subsidiaries which are subject to a tax holiday. Based upon the Directors' assessment over the applicable income tax rate as aforementioned, an incremental future tax benefit of approximately RMB 20 million relating to those deductible temporary differences brought from the quarter ended December 31, 2007 are recognized in the quarter ended March 31, 2008 by offsetting income tax expenses. The future tax benefits, which are capitalized on balance sheet as deferred tax assets, may be reduced in future quarters as and when the subsidiaries or VIEs of the Group are granted with the aforementioned preferential tax policies for qualified high and new technology enterprises.
Non-GAAP Net Income. Non-GAAP net income in the first quarter of 2008 was RMB304.2 million (US$43.3 million), an increase of 41.3% from RMB215.4 million in the first quarter of 2007 and a decrease of 1.7% from RMB309.6 million in the fourth quarter of 2007. Non-GAAP earnings per diluted ADS in the first quarter of 2008 were RMB4.14 (US$0.60), compared with RMB2.95 in the first quarter of 2007 and RMB4.20 in the fourth quarter of 2007.
Net Income. Net income in the first quarter of 2008 was RMB288.8 million (US$41.2 million), compared with RMB448.8 million in the first quarter of 2007 and RMB292.6 million in the fourth quarter of 2007. Earnings per diluted ADS in the first quarter of 2008 were RMB3.94 (US$0.56), compared with RMB6.14 in the first quarter of 2007 and RMB3.98 in the fourth quarter of 2007.
Recent Business Highlights
-- Shanda announced that its President Jun Tang has resigned from his
position to pursue other opportunities. (Apr 3, 2008)
-- Shanda announced key executive appointments within the senior
leadership team and business units to support the continued expansion
and execution of the Company's 3C strategy of Content, Community, and
Commerce. (Apr 3-9, 2008)
1) Shanda Group
-- Qunzhao Tan, President and Chief Technology Officer
-- Danian Chen, Chief Operating Officer
-- Davis Zhu, Chief Investment Officer
-- Danning Mi, Chief Information Officer
2) Shanda Games (or ''SDG'', Shanda's online game business unit)
-- Diana Li, Chief Executive Officer
-- Hai Ling, President
-- Xiangdong Zhang, Chief Producer
-- Jisheng Zhu, Chief Technology Officer
3) Shanda Online (or ''SDO'', Shanda's business unit that operates
integrated e-commerce system and virtual community)
-- Judy Wang, Chief Executive Officer
-- Jianwu Liang, Chief Technology Officer
-- Shanda partnered with Zapak to bring Crazy Kart into the Indian
market. (Apr 16, 2008)
-- Shanda suspended game operation for three days to express deep
condolences to earthquake victims in Southwest China. (May 19, 2008)
-- Please visit Shanda's website (http://www.snda.com/) for details
about these and other announcements.
Note to the Financial Information
The unaudited financial information disclosed above is preliminary. The audit of the financial statements and related notes to be included in the Company's annual report on Form 20-F for the year ended December 31, 2007 is still in progress. Adjustments to the financial statements may be identified when audit work is completed, which could result in significant differences from the audited financial statements to this preliminary unaudited financial information relating to, for example, the Company's income tax expenses. In addition, because management's evaluation of the Company's internal controls over financial reporting in connection with of the Sarbanes-Oxley Act of 2002 has not yet been completed, the Company makes no representation as to the effectiveness of those internal controls as of the end of the Company's fiscal year of 2007.
Non-GAAP Financial Measures
To supplement the financial measures prepared in accordance with generally accepted accounting principals in the United States, or GAAP, this press release includes non-GAAP financial measures of adjusted net income and adjusted earning per ADS, each of which is adjusted to exclude share-based compensation and the net gain from the disposal of the Company's stake in SINA. The Company believes these non-GAAP financial measures are important to help investors understand the Company's current financial performance and future prospects, compare business trends among different reporting periods on a consistent basis and access the Company's core operating results. These non- GAAP financial measures should be considered in addition to financial measures prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP. For a reconciliation of each of these non-GAAP financial measures to the most directly comparable GAAP financial measure, please see the financial statements included with this press release.
Safe Harbor Statement
This announcement contains forward-looking statements that are based on current expectations, assumptions, estimates and projections about the company and the industry. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the statements regarding the Company's long-term strategy. These forward- looking statements involve various risks and uncertainties. Although the Company believes that its expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct. Important risks and uncertainties that could cause actual results to be materially different from expectations include but are not limited to the risk that there are delays in the localization and/or development of the MMORPGs and casual games Shanda intends to release in 2008, the risk that such MMORPGs and casual games are not well received by users in China, the risk that the games fail to be commercialized or the commercialized results fail to meet the expectations of end users, and the risks set forth in Shanda's filings with the U.S. Securities and Exchanges Commission, including Shanda's annual report on Form 20-F.
About Shanda Interactive Entertainment Limited
Shanda Interactive Entertainment Limited is a leading interactive entertainment media company in China. Shanda offers a portfolio of diversified entertainment content including some of the most popular massively multi-player online role-playing games (MMORPGs) and casual online games in China, as well as online chess and board games, network PC games and a variety of cartoons, literature works and music. Shanda's interactive entertainment platform attracts a large and loyal user base. Each user can interact with thousands of other users and enjoy the interactive entertainment content that Shanda provides. Interaction enriches your life. For more information about Shanda, please visit http://www.snda.com/ .
For more information, please contact:
Maggie Yun Zhou
Investor Relations Manager
Shanda Interactive Entertainment Limited
Phone: +86-21-5050-4740 (Shanghai)
Email: IR@shanda.com.cn
SHANDA INTERACTIVE ENTERTAINMENT LIMITED
CONSOLIDATED BALANCE SHEET
(in millions)
As of
December 31,
2007 As of March 31, 2008
RMB RMB US$
(unaudited) (unaudited) (unaudited)
ASSETS
Current assets:
Cash and cash equivalents 1,985.2 2,236.1 318.6
Short-term investments 791.3 1,010.7 144.0
Marketable securities 11.2 11.3 1.6
Accounts receivable 32.2 32.5 4.6
Inventories 2.2 2.0 0.3
Deferred licensing fees and
related costs 51.3 45.9 6.5
Prepayments and other current
assets 68.0 49.7 7.1
Deferred tax assets 67.3 91.3 13.0
Total current assets 3,008.7 3,479.5 495.7
Investment in affiliated companies 8.5 19.6 2.8
Property, equipment and software 316.2 313.3 44.6
Intangible assets 314.1 288.5 41.1
Goodwill 606.1 606.2 86.4
Long-term deposits 56.3 51.4 7.3
Long-term prepayments 135.2 137.5 19.6
Long-term prepaid license fee 234.5 240.9 34.3
Non-current deferred tax assets 83.1 78.0 11.1
Total assets 4,762.7 5,214.9 742.9
LIABILITIES
Current liabilities:
Accounts payable 48.6 56.7 8.1
Licensing fees payable 88.5 116.7 16.6
Taxes payable 137.0 136.4 19.4
Deferred revenue 408.6 405.2 57.7
Due to related parties 3.0 3.0 0.4
Other payables and accruals 191.6 223.3 31.9
Defer tax liabilities 7.4 6.8 1.0
Total current liabilities 884.7 948.1 135.1
Minority interests 216.3 325.3 46.3
Non-current deferred tax liabilities 34.1 33.0 4.7
Long-term liabilities 4.2 3.4 0.5
Non-current deferred revenue -- 0.4 0.0
Shareholders' equity
Ordinary shares 12.0 12.0 1.7
Additional paid-in capital 1,614.4 1,650.3 235.1
Statutory reserves 147.7 182.6 26.0
Accumulated other comprehensive
loss -22.2 -65.7 -9.4
Retained earnings 1,871.5 2,125.5 302.9
Total shareholders' equity 3,623.4 3,904.7 556.3
Total liabilities and shareholders'
equity 4,762.7 5,214.9 742.9
SHANDA INTERACTIVE ENTERTAINMENT LIMITED
CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except for share and per share data)
For the three months period ended,
March 31, December 31,
2007 2007 March 31, 2008
RMB RMB RMB US$
(unaudited) (unaudited) (unaudited) (unaudited)
Net revenues
MMORPG 414.0 602.6 640.8 91.3
Casual game 91.0 85.8 116.6 16.6
Others 27.3 25.8 22.4 3.2
Net revenues 532.3 714.2 779.8 111.1
Cost of services
Ongoing licensing fees
for online games -98.3 -98.0 -107.7 -15.3
Amortization of
intangible assets -14.7 -30.7 -21.7 -3.1
Server leasing and
maintenance fees -20.5 -22.3 -23.6 -3.4
Salary and benefits -12.9 -19.9 -21.7 -3.1
Depreciation of
property, equipment
and software -14.5 -13.8 -13.5 -1.9
Others -24.4 -50.2 -49.5 -7.1
Total cost of
services -185.3 -234.9 -237.7 -33.9
Gross profit 347.0 479.3 542.1 77.2
Operating expenses:
Product development -27.9 -55.1 -64.7 -9.2
Sales and marketing -29.6 -51.4 -59.2 -8.4
General and
administrative -65.0 -93.9 -106.1 -15.1
Total operating
expenses -122.5 -200.4 -230.0 -32.7
Income from operations 224.5 278.9 312.1 44.5
Interest income 11.2 22.1 18.9 2.7
Amortization of
convertible debt
issuance cost -4.5 -- -- --
Investment income 249.8 13.0 2.8 0.4
Other income(expenses),
net 7.6 3.6 -13.3 -1.9
Income before income tax
expenses, equity in
loss of affiliates
and minority interests 488.6 317.6 320.5 45.7
Income tax expense -23.8 -23.8 -28.7 -4.1
Equity in loss of
affiliates -16.1 -0.2 -0.4 0.0
Minority interests 0.1 -1.0 -2.6 -0.4
Net income 448.8 292.6 288.8 41.2
Earnings per share:
Basic 3.14 2.03 1.99 0.28
Diluted 3.07 1.99 1.97 0.28
Earnings per ADS:
Basic 6.28 4.06 3.98 0.56
Diluted 6.14 3.98 3.94 0.56
Weighted average
ordinary shares
outstanding:
Basic 143,163,288 144,427,380 144,885,662 144,885,662
Diluted 146,027,417 147,056,698 146,794,340 146,794,340
Weighted average
ADS outstanding:
Basic 71,581,644 72,213,690 72,442,831 72,442,831
Diluted 73,013,709 73,528,349 73,397,170 73,397,170
Reconciliation from
Non-GAAP measures
to GAAP measures:
Non-GAAP income 215.4 309.6 304.2 43.3
Net gain from
disposal of Sina's
Stake 244.8 -- -- --
Share-based
compensation cost -11.4 -17.0 -15.4 -2.1
Net income 448.8 292.6 288.8 41.2
Non-GAAP diluted
earnings per ADS 2.95 4.20 4.14 0.60
Net gain from
disposal of Sina's
Stake per ADS 3.35 -- -- --
Share-based
compensation cost
per ADS -0.16 -0.22 -0.20 -0.04
Diluted earnings
per ADS 6.14 3.98 3.94 0.56
Shanda Interactive Entertainment Limited
CONTACT: Maggie Yun Zhou, Investor Relations Manager of Shanda
Interactive Entertainment Limited, +86-21-5050-4740 (Shanghai), or
IR@shanda.com.cn
Web site: http://www.snda.com/
Experience and Share the Best in S60S60 Device Portfolio is Expanding With Samsung L870
BARCELONA, Spain - S60 Summit, May 28 /PRNewswire-FirstCall/ -- The two-day S60 Summit was opened today in Barcelona. The event highlights the largest contingent of mobile application developers in the event's history including more than 60 exhibits featuring location, enterprise, social media and productivity solutions as well as the latest devices. This annual event is open to all members of the S60 ecosystem, such as S60 device manufacturers, operators, service providers, hardware technology providers, software developers, analysts, scientists and academics from all continents.
"S60 Summit offers the S60 stakeholders an opportunity to share and discuss the S60 future trends and business opportunities," said Matti Vanska, Vice President, Mobile Software Sales and Marketing, Nokia. "Today the collaboration with one of the key stakeholders, Samsung, is strengthened with the launch of the business style L870. This announcement increases the total count of announced S60 devices to 79," he continues.
S60 supports a wide selection of device segments from S60 device manufacturers. In the S60 Summit, Samsung presented their latest stylish S60 mobile, Samsung L870. Leveraging the capabilities of S60 platform, the device brings full connectivity and business application offering to the hands of the business professionals.
"We are happy to compliment our product portfolio with yet another appealing S60 mobile, Samsung L870 that is fully customized with style, performance and user interface," says, Jongin Kim, Vice President of Mobile Communication Division of Samsung Electronics. "With S60, we can successfully deliver the latest mobile technology with fully customizable applications and intuitive user interfaces."
In this event, S60 further demonstrated the extended capabilities announced in April at Web 2.0 in San Francisco. The evolution of S60 Web Run-Time offering allows creation of personal and context aware widgets with access to information and functionalities from the user's mobile device. This enables the development of exciting new services and mash-ups by combining the power of the Web with the power of the S60 platform. S60 is also expanding its support for open source innovation through Open C++, bringing support for Standard Template Library and other popular platform-independent C++ libraries to the S60 platform. The implementation of these technologies was demonstrated by several companies at the S60 Summit expo.
Today, S60 also announced the opening of the Ambassador website. The S60 Ambassador program encourages and engages the early adopters consumer segment in discussion and sharing information on S60-based products, services and applications. Visit and register at the Ambassador website at http://www.ambassadors.s60.com/
For more information on S60 Summit, visit http://www.s60.com/S60Summit08
About S60
S60 software built on Symbian OS is the world's leading smartphone software, and is licensed by some of the industry's foremost mobile device manufacturers. More than 150 million S60 devices had been shipped by all licensees by January 2008. The flexibility of the S60 software allows for various hardware designs and software configurations, as evidenced by the multitude of S60 devices already available on the market. Through its award-winning user interface, extensive support for new mobile services and the innovation potential for partner solutions, the S60 provides an open and scalable business opportunity for mobile operators and 3rd party developers. For further information and news about the S60 and the S60 community, please http://visit/ http://www.s60.com/.
About Nokia
Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We also provide equipment, solutions and services for communications networks through Nokia Siemens Networks.
http://www.nokia.com/
http://www.s60.com/
Nokia Corporation
CONTACT: Media Enquiries: Nokia, Corporate Development Office
Communications, Tel. +358-7180-45792, E-mail: cdo.communications@nokia.com.
Nokia, Communications, Tel. +358-7180-34900, E-mail: press.services@nokia.com
Autonomy Meridio Partner Kainos Embraces Additional Autonomy Group TechnologyAutonomy Selected as Preferred Partner for High-End Information Processing
CAMBRIDGE, England and SAN FRANCISCO, May 28 /PRNewswire-FirstCall/ -- Autonomy Corporation plc , a global leader in infrastructure software for the enterprise, today announced that Kainos, Ireland's largest indigenous high tech company and a leading provider of IT solutions, has selected Autonomy as preferred partner for high-end information processing and Information Risk Management (IRM). Headquartered in Belfast, Kainos is a long-standing Autonomy Meridio partner committed to delivering innovative solutions that address specific business requirements and provide measurable improvements for clients in the financial services and public sector markets. The two companies boast an extensive list of past collaborations including projects at the UK Audit Commission, Havant Council and Northern Ireland's Eastern Health and Social Services Board (EHSSB).
Prompted by the huge market opportunity presented by the staggering growth in unstructured information, stringent regulations, and highly publicized internal fraud cases, Kainos chose to build on its existing partnership and expand the range of Autonomy technologies it offers. Kainos will create an Autonomy centre of excellence specializing in Autonomy's high-end information processing capabilities and Autonomy ZANTAZ Proactive IRM technology to deliver intelligent information governance solutions to its customer base. The move generates a compelling proposition as Autonomy's unique solutions are complemented by Kainos' client-focused consulting and implementation expertise.
"Kainos is delighted to take its strategic partnership with Autonomy to the next level," said Brian Reid, Sales Director at Kainos. "It's an exciting opportunity for us to work with a global software provider, adding real value in the delivery of enterprise business solutions. Autonomy's unique meaning-based offering and Kainos' customer-focused approach and first-rate technical expertise are certain to result in many future successful engagements, delivering tangible ROI to discerning organizations."
"We are pleased to announce this development in our relationship with Kainos," commented Dr Mike Lynch, CEO of Autonomy. "Partners are a critical component of our strategic vision at Autonomy and we are delighted to see this trend of niche partners embracing the value of high-end information processing to expand their offerings. We very much look forward to future collaborations with Kainos."
About Kainos
Kainos designs and implements IT solutions that make businesses perform better. The company was founded in 1986 and is headquartered in Belfast with offices in Dublin, London and Gdansk. Kainos employs over 240 consultants and it prides itself on the quality of its people; client focused, reliable, dedicated, and they understand how technology can be used to its best advantage. Kainos' customers include some of the biggest names in both private and public sector throughout the UK and Ireland, including AIB, Irish Life, Bank of Ireland, Hibernian, Northern Ireland Civil Service, and permanent tsb. For more information, see http://www.kainos.com/.
About Autonomy
Autonomy Corporation plc is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology forms a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, BI, CRM, KM, call center solutions, rich media management, information risk management solutions and security applications, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base comprises of more than 17,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. Autonomy also has over 300 OEM partners and more than 400 VARs and Integrators, numbering among them leading companies such as BEA, Business Objects, Citrix, EDS, IBM Global Services, Novell, Satyam, Sybase, Symantec, TIBCO, Vignette and Wipro. The company has offices worldwide.
The Autonomy Group includes: ZANTAZ, the leader in the archiving, e-Discovery and Proactive Information Risk Management (IRM) markets; Cardiff, a leading provider of Intelligent Document solutions; etalk, award-winning provider of enterprise-class contact center products, Virage, a visionary in rich media management and security and surveillance technology and Meridio, a leading provider of records management software.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
Autonomy Editorial Contacts:
Rowan Gardner
Autonomy (UK)
+44-1223-448000
rowang@autonomy.com
Sayo Ogundiran
Cohn & Wolfe (US)
+1-415-365-8552
cwna-autonomy@cohnwolfe.com
Edward Bridges
Financial Dynamics (UK)
+44-207-831-3113
edward.bridges@fd.com
Clare Gayner
Bite Communications
+44(0)20-8741-1123
clare.gayner@bitepr.com
Autonomy Corporation plc
CONTACT: Autonomy Editorial Contacts:, Rowan Gardner, Autonomy (UK),
+44-1223-448000, rowang@autonomy.com; Sayo Ogundiran, Cohn & Wolfe (US),
+1-415-365-8552, cwna-autonomy@cohnwolfe.com; Edward Bridges, Financial
Dynamics (UK), +44-207-831-3113, edward.bridges@fd.com; Clare Gayner, Bite
Communications, +44(0)20-8741-1123, clare.gayner@bitepr.com
Faraday Technology and NemoChips Team-Up to Build Next Generation Low Power Mobile Platform based upon the Cadence Low-Power Solution
CPF-Based Faraday SoCompiler Design Services Leverages the Cadence Low-Power Solution to Achieve> 99% Leakage Reduction and 65% Dynamic Power Reduction and
Significantly Reduced Design Time
HSINCHU, Taiwan and SUNNYVALE, Calif., May 28 /Xinhua-PRNewswire- FirstCall/ -- Faraday Technology Corporation (TAIEX: 3035), a leading ASIC and silicon IP provider, and NemoChips, an emerging leader in low power multimedia platform ICs, today announced that NemoChips has successfully taped out a low- power mobile video platform SoC leveraging Faraday's SoCompiler Design Services employing the Common Power Format (CPF)-enabled Cadence(R) Low-Power Solution. This leading-edge design took only 2 months from netlist to tape-out while achieving an impressive >99% leakage reduction and 65% dynamic power reduction using advanced techniques such as Dynamic Voltage & Frequency Scaling, Multi-Supply Voltages, and Power-Shut Off. ASIC customers designing complex and power sensitive SoCs can benefit from this proven methodology to dramatically reduce time to market as well as to reduce implementation risk.
NemoChips' low power, high performance, multimedia application processor is targeted for use within mobile terminals, including mobile handsets, portable media players, portable navigation devices and car entertainment systems. It delivers DVD quality video to mobile devices without video format limitation.
''We are pleased with the performance, power savings and rapid tape-out of our mobile application processor chip, which provides desktop-like multimedia experience to our customer on handheld devices without sacrificing battery life.'' said Dr. Lifeng Zhao, President of NemoChips Inc. ''Faraday has clearly demonstrated strong expertise in implementing complex low-power chips.''
''We are pleased with the performance, power savings and rapid tape-out of our mobile application processor chip, which provides desktop-like multimedia experience to our customer on handheld devices without sacrificing battery life.'' said Dr. Lifeng Zhao, President of NemoChips Inc. ''Faraday has clearly demonstrated strong expertise in implementing complex low-power chips.''
Faraday's SoCompiler Design Services team used the Si2 standard Common Power Format to specify power-saving techniques early, so the information could be reused throughout the design process. The Cadence Low-Power Solution integrates logic design, verification, and implementation with CPF, automating power-saving design techniques like dynamic voltage and frequency scaling (DVFS) without impacting delivery schedules.
In the early stages of the DVFS design, Faraday used Cadence Conformal LP, Logic Equivalence Checker (LEC), and Faraday's internal design kit, to handle best-in-class verification for this complex low power design. The verification includes more than 30 automatic checking procedures in the design flow, and it can be automatically performed in a few minutes. Cadence Conformal Low Power technologies are highly complementary and help Faraday to extend its ability to provide low power technology to design bigger, faster chips.
''Faraday has always committed to providing the most competitive solution to our customers, and the Faraday PowerSmart(TM) design flow is a natural extension of that commitment,'' said Dr George Hwang, VP of International Business of Faraday Technology. ''By working with Power Forward Initiative members Cadence and UMC, we are able to help Nemochips meet a set of stringent power requirements using a solution that provided a 2x productivity improvement, enabling delivery within a very short design cycle.''
''Faraday's fast, low-risk delivery of a low-power mobile platform to NemoChips demonstrates the value of a highly automated and holistic low-power solution,'' said Dr. Chi-Ping Hsu, corporate vice president, IC Digital and Power Forward at Cadence. ''We're excited about the continuing silicon successes of CPF-based Cadence Low Power Solution. And we're grateful for Faraday's recent contribution to "A Practical Guide to Low-Power Design - User experience with CPF," which is an online guide to low power design based entirely on actual user experience.''
"A Practical Guide to Low-Power Design - User experience with CPF," is published online by the Power Forward Initiative and available free of charge at http://www.powerforward.org/ . In its chapter, Faraday provides valuable insight into the methodologies used by the Faraday SoCompiler Design Services team to make the NemoChips project a success.
About Power Forward Initiative
The Power Forward Initiative, which has more than 25 member companies, is an industry initiative sponsored by Cadence Design Systems, Inc. and has the goal of enabling the design and production of more power- efficient electronic devices. The Advisory Group consists of representative companies across the design chain from microprocessors to IP to foundries and semiconductor companies and includes four EDA companies including Cadence. CPF v1.0 was contributed by Cadence to the Si2 Low Power Coalition in December 2006 and is now available as a Si2 standard to the industry at large. The Initiative has recently published A Practical Guide to Low-Power Design -- User experience with CPF which is aimed at educating the broad design marketplace in utilizing advanced low-power design techniques. The Guide is available free of charge at http://www.powerforward.org/ .
About Faraday Technology Corporation
Faraday Technology Corporation is a leading silicon IP and fabless ASIC vendor. The company's broad silicon IP portfolio includes Cell Library, Memory Compiler, ARM-compliant CPUs, DDRII, MPEG4, H.264, USB 2.0, 10/100 Ethernet, Serial ATA, PCI Express, and UWB . With 2007 revenue of US$ 156 million, Faraday is one of the largest fabless ASIC companies in the Asia-Pacific region, and it also has a significant presence in other world-wide markets. Headquartered in Taiwan, Faraday has service and support offices around the world, including the U.S., Japan, Europe, and China . For more information, please visit: http://www.faraday-tech.com/ .
Press contact
Carol Yang
Faraday Technology Corporation
Tel: +886-3-578-7888 ext 4047
Email: htyang@faraday-tech.com
Faraday Technology Corporation
CONTACT: Carol Yang of Faraday Technology Corporation, +886-3-578-7888
ext 4047, or htyang@faraday-tech.com
Web site: http://www.powerforward.org/
http://www.faraday-tech.com/
Nokia Crosses 1500-Unit Sales Milestone on New Multi-Core IP Security Platforms That Mitigate Deep-Level Corporate Network ThreatsNokia Network Security Portfolio Also Expands With New High Performance Nokia IP1280 and Array of Nokia Enterprise Security Software
ESPOO, Finland and MOUNTAIN VIEW, California, May 28
/PRNewswire-FirstCall/ -- Nokia today dealt deep layer enterprise security threats another blow as it launched the Nokia IP1280 - the latest in its line of high performance, multi-core IP Security appliances. Nokia also announced that global sales of its existing multi-core solutions, including the Nokia IP690 and IP2450, had exceeded 1500 units since their introduction in mid 2007.
Nokia's multi-core solutions support Check Point's latest multi-core software applications for security with performance, all backed by Nokia's global technical support. Using Nokia IPSO operating system and its extensive administration features included with the platforms, customers can gain better visibility of traffic flow and system performance for more for intelligent security management. The Check Point CoreXL multi-processing software functionality feature set is also available on the appliances, combining the multi-core technologies and with the operating systems to combat security threats by accelerating firewall throughput and SmartDefense performance.
"Our customers have always trusted us to deliver dependable, high performance security solutions. As we continue to expand our portfolio, we are providing more choices to solve the challenges facing mission critical networks," said Greg Podshadley, Vice President, Services & Software, Nokia. "Through our collaboration with Check Point, we have delivered numerous multi-processing innovations to help our customers secure their networks while maintaining performance and availability."
The quad-core Nokia IP1280 complements the dual-core Nokia IP690 and eight-core Nokia IP2450, offering customers a range of security appliances depending on their individual enterprise needs. The new compact Nokia IP1280 combines a powerful multi-core architecture (single quad core) with an upcoming Nokia Accelerated Data Path (ADP) performance add-on option and a choice of Check Point software version support, all at a price point attractive to cost-conscious customers who value Nokia product reliability and solution longevity. As part of Nokia's high-end product portfolio, the Nokia IP1280 helps reduce operating expenses and avoid interoperability issues through its extended lifespan and rigorously cross-tested components. Nokia customers upgrading from existing security platforms to the Nokia IP1280 may benefit from twice the performance improvements as well as multi-core capabilities and the flexibility of Nokia ADP when ready to deploy the latest Check Point multi-core applications on Nokia IPSO 6.
Pricing, Service and Support
Nokia IP1280 is available now starting at $39,995 USD and is backed by Nokia's First Call Final Resolution support and services. For more information about these new offerings and other security solutions from Nokia, visit http://www.nokiaforbusiness.com/security.
About Nokia
Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We also provide equipment, solutions and services for communications networks through Nokia Siemens Networks.
http://www.nokia.com/
Nokia Corporation
CONTACT: Media Enquiries: Nokia, Americas, Communications, Tel.
+1-972-894-4573, Email: communication.corp@nokia.com ; Nokia, SEAP,
Communications, Tel. +65-6723-2323, Email: nokia@text100.com.sg ; Nokia,
Communications, Tel. +358-7180-34900, Email: press.office@nokia.com .
Industry Analysts only: Nokia Industry Analyst Relations,
Industry.analyst@nokia.com
Japan Professional Football League Optimizes Match Scheduling With ILOG Constraint ProgrammingILOG Technology Radically Shortens Scheduling Time from Three Weeks to One Day
SUNNYVALE, Calif., May 28 /PRNewswire-FirstCall/ -- ILOG(R) (Nasdaq: ILOG; Euronext: ILO; ISIN: FR0004042364) announced today that Japan Professional Football League, J. LEAGUE, uses ILOG Constraint Programming (ILOG CP(R)) optimization software to optimize and streamline match scheduling. Using the new system, J. LEAGUE has been able to shorten scheduling time from three weeks to approximately one day. Optimal scheduling has enabled J. LEAGUE to satisfy the needs of the teams, fans and supporters.
The backbone of the J. LEAGUE Match Scheduling System is ILOG CP, a part of ILOG's market-leading suite of optimization scheduling software that uses constraint programming techniques to allow J. LEAGUE executives to instantly assess and compare several options before deciding on a final schedule. ILOG JViews(TM), visualization software from ILOG, is used to provide a more visually-appealing interface for the system. ILOG CP supports time-based constraints that allow organizations to generate optimal schedules with precise activity start-and-stop times.
J. LEAGUE is a top professional football (soccer) league in Japan and one of the most successful leagues in the Asian Football Confederation. The organization recognized a need to automate and streamline its complex match scheduling process, involving 33 teams and 79 schedules, with a total of 682 matches over a 10-month playing season. With no packaged application available for complex scheduling, J. LEAGUE decided on a custom approach based on optimization technology from ILOG. Optimization improves business decision making speed and efficiency by allowing organizations to calculate the best utilization of existing resources -- in this case, team personnel, stadiums and spectators.
Before using J. LEAGUE Match Scheduler, all match scheduling for the J. LEAGUE was performed manually and therefore took on an average two to three weeks to complete due to the complexity of the process. In deciding the combination of matches and dates, schedulers needed to juggle many different constraints. Such constraints include avoiding the scheduling of a succession of home games for a team, avoiding simultaneous home games of teams sharing a home stadium or belonging to the same region, as well as taking into consideration situations where stadiums are not available due to maintenance or other seasonal restrictions.
These constraints also changed each year due to the previous year's match results, the increase or decrease in the number of teams and specific requirements of each team, increasing the complexity of scheduling even further. With the previous method of scheduling, the increase in the number of teams was making it more and more difficult for the schedulers to handle. The new system was to ensure a fair schedule for all the teams, while taking into account each team's specific requests, such as availability of stadiums and potential conflicts of agendas.
Custom developed by ILOG, the J. LEAGUE Match Scheduler, the proprietary match scheduling software of J. LEAGUE, now makes it possible to create schedules that are optimized to meet the League's requirements, taking into account the innumerable constraints that need to be considered when scheduling series of games for a given season.
"Arranging a match schedule for 33 teams while satisfying such complex constraints to the fullest extent possible requires a considerable number of simulations, and it was almost impossible to do so manually," said Atsushi Kawasaki of J. LEAGUE. "ILOG CP and ILOG JViews, which were incorporated into the J. LEAGUE Match Scheduler, have provided schedules of the highest quality, while taking into consideration the basic scheduling rules set by J. LEAGUE and the numerous individual requests of each team. Also, ILOG is able to provide a high level of support to manage the changes of the system needed to improve the quality of our schedules. In addition to a flexible technical support to manage the schedule development task that gets more and more complex every year, we needed the highest performance optimization technology available, which is why we selected ILOG."
More than 1,000 commercial customers, including 160 members of the Global 500, use ILOG optimization tools, engines and applications to solve the world's most challenging planning and scheduling problems. These customers include APL, BNSF, JR East, Logistics, Maersk, Schneider, SNCF, United Airlines, the United States Postal Service and UPS in transportation and logistics; and Airbus, Coors, Dell, Hansol Paper, Michelin, Mitsubishi Chemicals, Nippon Steel, Nissan, Porsche, Saint Gobain, Thyssen Krupp, and Toyota in manufacturing. ILOG optimization products are also used by a majority of leading Supply Chain Management software vendors including i2, Infor, Manhattan Associates, JDA, Oracle, Red Prairie and SAP, as well as in research programs at over 1,000 universities around the world, making the products the "gold standard" for performance and solution quality in the Operations Research community. For more information, please visit http://www.ilog.com/products/optimization.
About ILOG
ILOG delivers software and services that empower customers to make better decisions faster and manage change and complexity. Over 3,000 corporations and more than 465 leading software vendors rely on ILOG's market-leading business rule management system (BRMS), supply chain and planning and scheduling applications, as well as its optimization and visualization software components, to achieve dramatic returns on investment, create market-defining products and services, and sharpen their competitive edge. ILOG was founded in 1987 and employs more than 850 people worldwide. For more information, please visit http://www.ilog.com/
ILOG, ILOG CP and ILOG JViews are registered trademarks of ILOG S.A. and ILOG, Inc. All other company and product names are trademarks of their respective owners.
ILOG
CONTACT: Monika Raj of ILOG, +1-408-991-7128, mraj@ilog.com
Web site: http://www.ilog.com/
MyScreen Secures $10 million Strategic Investment by Orascom Telecom
TORONTO, May 28 /PRNewswire-FirstCall/ -- MyScreen Mobile Inc. ("MyScreen") (Pink Sheets: MYSL, Frankfurt: WICI), is pleased to announce that Orascom Telecom Holding S.A.E ("Orascom") has made a strategic minority investment of US$10 million in MyScreen. After researching multiple mobile advertising technologies, Orascom invested in MyScreen to exclusively allow MyScreen access to their 70 million + subscribers in the Middle East, Africa, South Asia and its affiliates' (Wind Italy and Wind Greece) approximately 18 million subscribers.
"With over 90 million handsets in the Orascom/Weather group of companies, we believe that MyScreen will play an important role in allowing us to pursue plans to include mobile advertising in our business model" said Naguib Sawiris, Chairman and CEO of Orascom. Orascom Telecom is a leading global mobile telecommunications company, operating GSM networks in high growth markets in Pakistan, Egypt, Algeria, Bangladesh, Tunisia, Zimbabwe and most recently North Korea.
Orascom is seeking new revenue sources that are first and foremost customer friendly and deliver value to their rapidly growing subscriber base. Michael O'Connor, Orascom's Investment & Business Development Officer, commented that "After extensive research and evaluating several different opportunities, we choose MyScreen as it is one of the most compelling opportunities we have seen in the past 10 years," and added that "this was Orascom's first strategic investment in a technology company."
"We are delighted that Orascom believed that their subscribers must share in the rewards of advertising dollars - the unique value added proposition for subscribers opting-in to the MyScreen experience" commented Chris Meissner, EVP of MyScreen. With MyScreen, the subscriber is in control of what, when, and how they receive advertisements. Rewards are accumulated in each subscriber e-wallet account, and can be redeemed for high perceived value low cost products and services such as ring tones, extra air time, music downloads, and games. "Extended reach, ease of use, specific targeting and meaningful rewards we believe will make MyScreen the de facto standard in mobile advertising" commented Mr. Meissner.
MyScreen plans to apply for a senior exchange listing for its common shares later in 2008. However, there can be no assurance that such a listing will be made or accepted by any exchange or market quotation system.
About MyScreen
MyScreen is an innovative marketing and advertising tool within the mobile communication industry, establishing both a permission and incentive-based marketing model that allows mobile subscribers to be compensated for allowing targeted advertisements to appear on their cell phone or mobile device in the form of images, SMS and video at the end of a call.
MyScreen is now strategically positioned to launch in any market globally. Advertisers wishing to participate should contact the advertising department at sales@myscreen.com; users wishing to become part of the launch are invited to pre-register at http://www.myscreen.com/.
This press release contains "forward looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risks and other uncertainties affecting the company, including those discussed in MyScreen Mobile reports and other documents filed with the U.S. Securities and Exchange Commission.
My Screen
CONTACT: Investor/Media Contact: Christine Barisheff, Vice-President,
Communications, MyScreen Mobile Inc., 1-866-936-8333 x 11803,
christineb@myscreen.com
MyScreen Secures US$10 Million Strategic Investment by Orascom Telecom
TORONTO, Canada, May 28 /PRNewswire/ -- MyScreen Mobile Inc. ("MyScreen") (Pink Sheets: MYSL, Frankfurt: WICI),
is pleased to announce that Orascom Telecom Holding S.A.E ("Orascom") (LSE:
OTLD) has made a strategic minority investment of US$10 million in MyScreen.
After researching multiple mobile advertising technologies, Orascom invested
in MyScreen to exclusively allow MyScreen access to their 70 million +
subscribers in the Middle East, Africa, South Asia and its affiliates' (Wind
Italy and Wind Greece) approximately 18 million subscribers.
"With over 90 million handsets in the Orascom/Weather group of companies,
we believe that MyScreen will play an important role in allowing us to pursue
plans to include mobile advertising in our business model" said Naguib
Sawiris, Chairman and CEO of Orascom. Orascom Telecom is a leading global
mobile telecommunications company, operating GSM networks in high growth
markets in Pakistan, Egypt, Algeria, Bangladesh, Tunisia, Zimbabwe and most
recently North Korea.
Orascom is seeking new revenue sources that are first and foremost
customer friendly and deliver value to their rapidly growing subscriber base.
Michael O'Connor, Orascom's Investment & Business Development Officer,
commented that "After extensive research and evaluating several different
opportunities, we choose MyScreen as it is one of the most compelling
opportunities we have seen in the past 10 years," and added that "this was
Orascom's first strategic investment in a technology company."
"We are delighted that Orascom believed that their subscribers must share
in the rewards of advertising dollars - the unique value added proposition
for subscribers opting-in to the MyScreen experience" commented Chris
Meissner, EVP of MyScreen. With MyScreen, the subscriber is in control of
what, when, and how they receive advertisements. Rewards are accumulated in
each subscriber e-wallet account, and can be redeemed for high perceived
value low cost products and services such as ring tones, extra air time,
music downloads, and games. "Extended reach, ease of use, specific targeting
and meaningful rewards we believe will make MyScreen the de facto standard in
mobile advertising" commented Mr. Meissner.
MyScreen plans to apply for a senior exchange listing for its common
shares later in 2008. However, there can be no assurance that such a listing
will be made or accepted by any exchange or market quotation system.
About MyScreen
MyScreen is an innovative marketing and advertising tool within the
mobile communication industry, establishing both a permission and
incentive-based marketing model that allows mobile subscribers to be
compensated for allowing targeted advertisements to appear on their cell
phone or mobile device in the form of images, SMS and video at the end of a
call.
MyScreen is now strategically positioned to launch in any market
globally. Advertisers wishing to participate should contact the advertising
department at sales@myscreen.com; users wishing to become part of the
launch are invited to pre-register at http://www.myscreen.com.
This press release contains "forward looking" statements within the
meaning of Section 21A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934 as amended. Such statements
involve certain risks and uncertainties associated with an emerging company.
Actual results could differ materially from those projected in the
forward-looking statements as a result of risks and other uncertainties
affecting the company, including those discussed in MyScreen Mobile reports
and other documents filed with the U.S. Securities and Exchange Commission.
For further information: Investor/Media Contact: Christine Barisheff,
Vice-President, Communications, MyScreen Mobile Inc., +1-866-936-8333 x
11803, christineb@myscreen.com
MyScreen Mobile Inc.
For further information: Investor/Media Contact: Christine Barisheff, Vice-President, Communications, MyScreen Mobile Inc., +1-866-936-8333 x 11803, christineb@myscreen.com
Eircom, Motorola and Sigma Wireless Consortium (TETRA Ireland) Selected for Nationwide TETRA System DeploymentContract includes delivery as well as management and operation of the network
HONG KONG, May 27 /PRNewswire-FirstCall/ -- TETRA WORLD CONGRESS -- A consortium comprising Eircom, Motorola and Sigma Wireless (TETRA Ireland) has secured Ireland's National Digital Radio Services contract. The 8-year 'build-own-operate' contract will start with the roll-out of services in an area covering parts of Dublin (including the port and airport). The nationwide roll-out is scheduled to be completed within 2 years.
TETRA Ireland will work closely with the end-users of the network; An Garda Siochana, the Ambulance Service, Prision Services, Fire Service, Customs Service and all public sector agencies across Ireland to ensure the new system meets their requirements. The network will be operated as a fully managed service. It will enhance communication between the users, improving public safety for Irish citizens. The contract follows the successful deployment and operation of a pilot system covering Dublin and will cover the design, construction, management and operation of the network for public safety agencies and non-commercial public safety bodies in the Republic of Ireland.
The Minister for Justice Equality and Law Reform, Dermot Ahern TD, has welcomed the new contract. He said: "The Government and I have consistently given our commitment that An Garda Siochana will receive every necessary support to enable them to operate effectively as a modern police force.
The provision of the new digital radio service for the Force is a significant landmark in delivering on that promise. Almost euro 100m has been provided for Garda technology related projects this year alone and this includes significant financial provision for the new radio service."
The solution developed by the consortium will include:
-- Encrypted and resilient digital radio network providing instant
communications for mission critical situations
-- Multi-functional handsets that can operate as digital radios and
provide access to other public communication networks
-- GPS location tracking applications such as automatic vehicle location
and mobile data services
-- Secure nationwide inter-communication between all non-commercial public
sector bodies
-- Cross-border and cross-band capability providing compatibility with
international networks
"Naturally we are pleased to be part of the roll-out of a nationwide TETRA network in Ireland. This win further demonstrates Motorola's ability to work as a reliable partner in delivering communication solutions to Government and public safety organizations," said Manuel Torres, vice president and general manager, Motorola Government & Public Safety, EMEA.
This latest contract builds on Motorola's public safety heritage, its leading position within the TETRA market and its track record in delivering mission critical managed services. Motorola has delivered TETRA solutions to over 350 customers across 75 countries, in both public safety and commercial environments.
About Motorola
Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO
http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Motorola
CONTACT: Stephanie Forrest of Motorola, +44-7739-884452,
stephanie.forrest@motorola.com, or Lynn Chan of Motorola Asia Pacific,
+65-6486-2286, lynn.chan@motorola.com; or Walter Lee of Fleishman-Hillard Hong
Kong, +852-2111-3574, walter.lee@fleishman.com, for Motorola
Web site: http://www.motorola.com/
Exar Will Present at the Oppenheimer Annual Communications & Technology Conference
FREMONT, Calif., May 27 /PRNewswire-FirstCall/ -- Exar Corporation announced that Pete Rodriguez, president and chief executive officer, and J. Scott Kamsler, senior vice president and chief financial officer, will be attending the Oppenheimer Annual Communications & Technology Conference at the Four Seasons Hotel in Boston, MA. Mr. Rodriguez and Mr. Kamsler will be presenting on Tuesday, June 3, 2008 at 10:30 a.m. (EDT). A copy of the presentation will be available on Exar's Investor Relations web page on the morning of the event.
About Exar
Exar Corporation is Powering Connectivity by delivering highly differentiated silicon solutions empowering products to connect. With distinctive knowledge in analog and digital technologies, Exar enables a wide array of applications such as portable devices, home media gateways, communications systems, and industrial automation equipment. Exar has locations worldwide providing real-time system-level support to drive rapid product innovation. For more information about Exar visit: http://www.exar.com/.
Exar Corporation
CONTACT: Greg Kaufman, Marketing Communications of Exar Corporation,
+1-510-668-7121
Web site: http://www.exar.com/
Kontor New Media et Qtrax signent un contrat de licence numérique
NEW YORK, May 28 /PRNewswire/ --
Kontor New Media, un leader européen de la distribution numérique, et
Qtrax, le principal service musical pair-à-pair (P2P) gratuit et légal au
monde, ont annoncé aujourd'hui la signature d'un contrat de licence
numérique.
Le modèle d'affaires de Kontor permet de s'assurer que la musique et les
vidéoclips de ses maisons de disques indépendantes partenaires apparaissent
sur d'importants sites de téléchargement tels qu'iTunes, Napster, FNAC,
Beatport, Nokia Music Services, musicload, AOL et désormais Qtrax. La société
allemande a mis en place des partenariats avec des centaines de maisons de
disques indépendantes en Europe.
Kontor offre à ces maisons de disques la gestion et la distribution des
contenus, des services de vente et marketing, des campagnes de téléchargement
sur fixe et des campagnes de divertissement mobile, la gestion des royalties
ainsi qu'une foule d'autres possibilités d'utilisation pour la distribution
numérique.
<< Nous sommes heureux d'établir un partenariat avec Qtrax >>, a dit
Michael Pohl, directeur général de Kontor. << Notre mission a toujours été de
distribuer la production des artistes de façon à les rétribuer et à les aider
à continuer à produire d'autres titres tout en dédommageant leur maison de
disques pour son investissement. Qtrax permet de maîtriser les pertes de
recettes entraînées par la piraterie, ce qui est vital pour que ces artistes
puissent continuer à créer de la musique pour leurs fans >>, a poursuivi M.
Pohl.
<< Kontor New Media affiche continuellement son engagement à représenter
les artistes et les maisons de disques sur le marché de la distribution de
musique en ligne >>, a indiqué Allan Klepfisz, président du conseil et PDG de
Qtrax. << Dès le départ, ils ont été fidèles à une vision de la distribution
numérique qui soit juste pour toutes les parties qui investissent dans le
succès de l'artiste. Nous sommes ravis de pouvoir offrir le catalogue
d'excellents artistes et paroliers qu'offre Kontor >>, a poursuivi M.
Klepfisz.
A propos de Kontor New Media (http://www.kontornewmedia.com)
Kontor New Media représente plus de 70 000 titres et 1 400 vidéoclips,
plus de 700 détenteurs de droits et compte plus de 100 détenteurs de
licence/services numériques dans le monde entier, assurant ainsi une
distribution optimale via toutes les plates-formes commerciales et de niche
des domaines B2B et B2C au niveau mondial et créant des campagnes et
stratégies avec les détenteurs de droits et partenaires de distribution
concernés et tous les services Web et mobiles.
A propos de Qtrax (http://www.qtrax.com)
Qtrax est le premier service musical pair-à-pair (P2P) gratuit et légal
au monde. Qtrax présente un modèle de prestation innovant financé par de la
publicité qui dirige facilement les recettes vers les artistes et les
détenteurs de droits. Qtrax peut être parcouru immédiatement et offrira
bientôt aux fans un accès à son catalogue haut en couleur et diversifié
présentant des millions de fichiers musicaux de haute qualité représentant la
plus grande gamme de produits d'artistes disponible au monde. Basée à New
York, Qtrax est une filiale de Brilliant Technologies Corporation (symbole
BLLN.PK au tableau des titres négociés hors cote), une holding technologique
cotée en bourse.
Règle refuge
Le présent communiqué de presse contient des énoncés prospectifs
explicites ou implicites qui impliquent des risques et incertitudes connus et
inconnus pouvant entraîner un écart considérable entre les résultats réels et
ceux suggérés, y compris, mais de façon non limitative, les risques
identifiés et discutés dans les documents déposés par la société auprès de la
Securities and Exchange Commission. Ces énoncés prospectifs se basent sur des
informations et sur les attentes de la direction à ce jour, les résultats
futurs pouvant être considérablement différents de ces attentes, et la
société se dégage de toute obligation de les mettre à jour, sauf si exigé par
la loi.
Site Web : http://www.qtrax.com
http://www.kontornewmedia.com
Qtrax
Shamin Abas pour Qtrax, +1-212-532-2736, +1-917-494-9288 ; ou Michael Pohl de Kontor New Media, +49-040-646-905-268
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