Companies news of 2008-06-03 (page 5)
In-Game Advertising Research Proves Effectiveness for Brands Across Categories and Game...
Clement Chen Joins SAICIndustry Leader Named Senior Vice President for Strategic...
Stratos is First Company Licensed to Offer BGAN Mobile Satellite Service to Canadian...
Danaher CEO Comments on Outlook
TXP Announces Increase in Revenue for the First Quarter of 2008Completes Financing to...
Tyco Electronics Hosts Investor Meeting; Will Confirm Third-Quarter Guidance
ATK Receives Laureate Award From Computerworld Honors Program for Storage and Data...
New Oriental Discusses Impact of Earthquake and Beijing Olympics
MasTec Continues its Diversification Strategy by Acquiring Pumpco, Inc.
Hemlock Semiconductor Expansions Bringing New Polysilicon Supply to Solar and...
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Informatica Announces First Comprehensive, Unified, and Open Platform for Data...
Verizon Business Receives 2007 Nortel Partner Advantage Innovation AwardCompany Recognized...
Ira Carlin Advisor to Eloda
[video] WallSt.net's '3 Minute Press Show' Features Executive Interviews and Highlights...
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Massive Inc Is First Dynamic In-Game Advertising Network Validated Through Third-Party...
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In-Game Advertising Research Proves Effectiveness for Brands Across Categories and Game Titlesadidas, other leading brands from quick-service restaurant, candy and entertainment categories drive key marketing metrics for brands and products advertised throughout Massive Network.
NEW YORK, June 3 /PRNewswire-FirstCall/ -- Massive Inc., a wholly owned subsidiary of Microsoft Corp. and a leading network for video game advertising, and Interpret LLC, a leading new media research firm, today released research results that provide further insight into the significant brand impact of dynamic in-game advertising. The study demonstrates that the gaming audience has a consistently positive opinion of the ads and how the ads affect their game experience.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
Interpret conducted detailed research on behalf of Massive and four of its advertisers: adidas utilizing brand advertising for footwear and apparel, a quick-service restaurant (QSR) brand promoting a tie-in to gaming and a specific menu option, a candy company marketing new creative for its candy bar brand, and an entertainment studio advertising the DVD release for a hit film. The study measures a broad range of brand metrics across game environments and suggests best practices to guide advertisers and their agencies within this rapidly maturing medium.
adidas tested ads it ran through the Massive Network in "Major League Baseball(R) 2K7," published by 2K Sports, a publishing label of Take-Two Interactive Software Inc. Among those exposed to the adidas ads (the test group), 40 percent recall the company's tagline of "Impossible Is Nothing" -- an increase of 90 percent over those not exposed to the ads (the control group). The number of gamers exposed to the ads who agreed with the statements "adidas is the only brand for me" and "adidas is an inspirational brand" rose 70 percent over those not exposed to the ads. In addition, 73 percent of gamers recalling the ads agreed with the statement that "the ads enhanced the realism of the game."
"The influence of gaming on our target for adidas can't be denied," said Brian Mathena, group media director for Carat. "The scalability and effectiveness that Massive's dynamic in-game solution provides is evident in the results of our efforts. Massive has consistently been a true partner in consulting on the best gaming solutions for adidas and the rest of our clients."
Drawing on its unparalleled experience in video game advertising research, Massive has conducted studies for more than 30 clients across North America and Europe assessing the impact of in-game ads across numerous key brand metrics, including purchase interest, brand recommendation and brand attributes. Results such as these released today help the advertising community understand how and why in-game advertising works, and guides the development of best practices for this important component of media plans.
Across all game genres and advertisers studied, the research revealed that an average of 70 percent of gamers agreed with statements that the dynamic in-game ads "contributed to realism," "fit the games" in which they were served and looked "cool."
A leading QSR brand executed custom ad creative for select titles with strong results. Among those gamers exposed to the QSR ads in "Need for Speed Carbon," a racing title published by Electronic Arts Inc., the number saying that they would recommend the QSR brand to others rose by 39 percent compared with the control group, and those assigning the QSR brand the highest possible brand rating rose by 17 percent from the control group to the test group. Fifty-six percent of exposed gamers agreed with the statement that the ads made the gaming environment feel more interactive.
A global candy bar company executed a branding campaign in "NASCAR(R) 08," published by Electronic Arts. Seventy-five percent of gamers recalled the candy bar in-game advertising with 56 percent recalling the specific ad creative. Within the test group, 72 percent agreed with the statement that the candy bar is "a great snack to eat while playing video games," an increase of 29 percent from the control group; the proportion agreeing that the candy bar "gives you energy" and "is cool" rose 24 percent and 21 percent from control group to test group, respectively.
An entertainment studio ran a campaign advertising the DVD release of a hit film in "Rainbow Six: Vegas," an action title published by Ubisoft Entertainment. Unaided awareness of the DVD increased 16 percent among gamers exposed to the ads as compared with the control group, with 66 percent of those recalling the campaign having a more positive opinion of the DVD following in-game exposure. Purchase intent for the DVD rose 23 percent from control group to test group, with 80 percent of exposed gamers responding in the survey that "they would probably or definitely purchase the DVD."
"The depth of this research reflects Massive's commitment to offering advertisers an understanding of how in-game advertising can impact brands across game genres and advertising categories," said Cory Van Arsdale, CEO of Massive. "As the in-game medium matures and establishes its position on the media plan, advertisers and agencies are eager for insight into creative nuances and best practices for maximizing its impact. We view this type of guidance as an essential part of our role as an industry leader and innovator."
Methodology
Interpret implemented a test/control methodology for each game in which Massive dynamically served ads, totaling over 1,000 gamers across the United States. Both control and test group respondents played the same game title that was studied for each ad client. The control group consisted of those who had played the game but were not exposed to ads delivered from Massive. The test group had played the game on a connected Xbox 360 system or PC during the time the ad campaigns were live, and had the opportunity to be exposed to the ads delivered by Massive. Both groups were asked the same set of questions about the brands and ads included in the study, and the respondent differences were evaluated to identify significant shifts in each brand metric measured.
About Interpret LLC
Interpret is a next-generation media and market research firm with a focus on evaluating and measuring the intersections of content, advertising, technology and consumer behavior. Interpret's management team has unique experience pioneering new custom research methodologies and analytics to help companies Plan, Test and Measure(TM) their new media strategies. In addition to campaign ad effectiveness testing, Interpret's suite of products and services include GaMeasure and GamerLog, two syndicated services developed to deliver planning and measurement intelligence to the burgeoning field of in and around-game advertising. The firm is headquartered in Santa Monica, California, with offices in New York and London. More information can be found online at: http://www.interpretllc.com/.
About Massive Inc.
Massive Inc., a wholly owned subsidiary of Microsoft, is the creator of a leading network for dynamic video game advertising. The Massive Network offers advertisers the ability to reach an aggregated gaming audience in real time across multiple platforms. Over 200 blue-chip advertisers have run campaigns across the Massive Network throughout North America and Europe. Publishers in the Massive Network generate revenue through dynamic in-game advertising, enabling them to fully realize the value of their content while preserving and enhancing the game experience. Massive's technology allows for all forms of downloadable media and advertising content to be contextually integrated into the game environment, including image, audio, video and game object formats. More information can be found online at http://www.massiveincorporated.com/.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
Microsoft Corp.
CONTACT: Corie Pierce of The SutherlandGold Group, +1-318-402-3654, corie@sutherlandgold.com, for Microsoft
Web site: http://www.microsoft.com/ http://www.massiveincorporated.com/ http://www.interpretllc.com/
Clement Chen Joins SAICIndustry Leader Named Senior Vice President for Strategic Development, Infrastructure, Logistics and Product Solutions Group
SAN DIEGO and MCLEAN, Va., June 3 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced that Clement Chen has joined SAIC's Infrastructure, Logistics and Product Solutions Group (ILPSG) as senior vice president for strategic development. He will develop innovative business strategies for the Group and will play a leadership role in shaping the portfolio of services available to clients.
The Group, one of four at SAIC, provides technical and engineering solutions for a variety of customers and mission areas including chemical, biological, radiological and nuclear; logistics and product support; safety and mission assurance; operational test and evaluation; environmental support; and energy management services. ILPSG is also a leading designer, producer and installer of non-intrusive imaging and integrated cargo inspection systems.
Prior to joining SAIC, Chen was vice president of business innovation at Lockheed Martin Corp. where he led technology development, business models and strategy for a broad spectrum of areas including human terrain exploitation, biological systems integration, virtual world environments and network driven business transformation. Over a 12-year career at Lockheed Martin he also held executive positions involved in strategic development, mergers and acquisitions, business development and business operations. Chen's experience also includes business development and financial management roles at Software AG and IBM.
Chen is a 1984 graduate of the United States Naval Academy and earned a master's degree in business administration in 1990 from the College of William and Mary. He began his career as a naval officer specializing in surface warfare and later became an operational test director for naval engineering and combat systems.
"Clement has outstanding industry credentials and the sound leadership experience necessary to create and communicate our strategic plan," said Joe Craver, president of SAIC's Infrastructure, Logistics and Product Solutions Group. "He will also play a critical role in working with our business units to create innovative business strategies, identifying strategic acquisition candidates and managing company-wide strategic initiatives at the Group level."
For a photo of Chen, visit http://www.saic.com/news/images/chen_saic.jpg.
About SAIC
SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit http://www.saic.com/. SAIC: From Science to Solutions(R)
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward- looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2008, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
Contact: Melissa Koskovich Laura Luke
(703) 676-6762 (703) 676-6533
Melissa.l.koskovich@saic.com laura.luke@saic.com
SAIC
CONTACT: Melissa Koskovich, +1-703-676-6762, Melissa.l.koskovich@saic.com, or Laura Luke, +1-703-676-6533, laura.luke@saic.com, both of SAIC
Web site: http://www.saic.com/ http://www.saic.com/news/images/chen_saic.jpg
Stratos is First Company Licensed to Offer BGAN Mobile Satellite Service to Canadian MarketBGAN from Stratos offers mobile, high-speed data and voice connectivity to professionals, first responders and media organizations
ST. JOHN'S, June 3 /PRNewswire-FirstCall/ -- Stratos Global Corporation, the leading global provider of advanced mobile and fixed-site remote communications solutions, today announced that its subsidiary Stratos Wireless Inc. has been granted a spectrum license by Industry Canada to offer the BGAN mobile satellite service to Canadian businesses and government agencies. Stratos is the first company licensed to offer BGAN to the Canadian market.
Stratos is one of the world's largest distributors of Inmarsat's BGAN (Broadband Global Area Network), a mobile satellite service that uses portable, lightweight terminals to provide simultaneous, high-speed data (up to 492 kbps) and voice connectivity anywhere in the world. BGAN is ideally suited to enable communications in areas where terrestrial or cellular networks are damaged, congested, or non-existent.
Since its introduction in 2006, BGAN from Stratos has been widely adopted by military & NGO agencies, media organizations, first responders and professionals in many other industries worldwide.
Stratos now boasts BGAN customers in 185 countries, which cover 95 percent of the BGAN footprint. These customers fully utilize the Stratos Advantage, a suite of value-added services that help make BGAN usage more productive and affordable.
With the benefit of the Stratos Advantage, BGAN from Stratos is elevated far above baseline BGAN services. These value-added services, including Stratos Dashboard for BGAN, provide users with cost control, firewall management, full traffic information, pre-paid facilities, high security options, easy VPN access, messaging services and full IP range.
"Now that we offer BGAN from Stratos to the Canadian market, we expect a significant number of professionals and government officials to benefit from the same high levels of convenience, performance and productivity that BGAN has been providing to others worldwide," said Stratos President and CEO Jim Parm. "We look forward to working with leading Canadian organizations to demonstrate how Stratos can make mobile broadband satellite solutions easy to use and efficient to own."
For more information, customers can contact Stratos or visit http://www.thepowerofbgan.com/.
About Stratos
Stratos is the world's trusted leader for vital communications. With more than a century of service, Stratos offers the most powerful and extensive portfolio of remote communications solutions including mobile and fixed satellite and microwave services. More than 20,000 customers use Stratos products and industry-leading value-added services to optimize communications performance. Stratos serves U.S. and international government, military, first responder, NGO, oil and gas, industrial, maritime, aeronautical, enterprise, and media users on seven continents and across the world's oceans. For more information visit http://www.stratosglobal.com/.
Stratos Global Corporation
CONTACT: Media Contact: Carla Riggs, Director, Marketing Communications, Ph. (709) 748-4857, carla.riggs@stratosglobal.com
Danaher CEO Comments on Outlook
WASHINGTON, June 3 /PRNewswire-FirstCall/ -- Danaher Corporation announced that its President and Chief Executive Officer, H. Lawrence Culp, Jr., will comment today on the Company's second quarter outlook at the J.P. Morgan Basics and Industrials Conference in New York City. Mr. Culp will communicate that the company's adjusted earnings per share is anticipated to be $1.04-$1.07 for the 2008 second quarter versus the previous guidance range of $1.02 to $1.07. This range excludes an estimated $0.03 per share of non-cash charges for fair value adjustments to recorded inventory and deferred revenue incurred in connection with the acquisition of Tektronix. Including these charges, the updated guidance range is $1.01 to $1.04 per share.
Danaher Corporation is a leading manufacturer, specializing in Professional Instrumentation, Medical Technologies, Industrial Technologies and Tools and Components (http://www.danaher.com/).
Statements in this release that are not strictly historical, including the statement regarding expectations for the second quarter of 2008 and any other statements regarding events or developments that we believe or anticipate will or may occur in the future, may be "forward-looking" statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These factors include, among other things, competition, our ability to develop and successfully market new products and technologies, our ability to expand our business in new markets, our ability to identify, consummate and integrate appropriate acquisitions, litigation and other contingent liabilities including intellectual property and environmental matters, our compliance with applicable laws and regulations and changes in applicable laws and regulations, tax audits and changes in our tax rate, currency exchange rates, commodity costs and surcharges, our relationships with and the performance of our channel partners, our ability to achieve projected efficiencies, cost reductions, sales growth and earnings, economic and other conditions in the end-markets we sell into, and general domestic and international economic conditions. Additional information regarding the factors that may cause actual results to differ materially from these forward- looking statements is available in our SEC filings, including our 2007 Annual Report on Form 10-K and our Quarterly Report on Form 10-Q for the first quarter of 2008. These forward-looking statements speak only as of the date of this release and the Company does not intend to update any forward-looking statement.
Danaher Corporation
CONTACT: Andy Wilson, Vice President, Investor Relations of Danaher Corporation, +1-202-828-0850, Fax: +1-202-828-0860
Web site: http://www.danaher.com/
TXP Announces Increase in Revenue for the First Quarter of 2008Completes Financing to Accelerate ONT Strategy
RICHARDSON, Texas, June 3 /PRNewswire-FirstCall/ -- TXP Corporation (BULLETIN BOARD: TXPO) , an Original Design Manufacturer (ODM) for the telecommunications industry, today announced financial results for the three months ended Mach 31, 2008.
Recent Highlights:
-- Revenue increased approximately 14% for the three months ended
March 31, 2008 compared to the three months ended March 31, 2007;
approximately 35% year-over-year increase in revenue, excluding
$332,000 of one-time ONT development revenue in the first quarter of
2007
-- Successfully reached interoperability with 16 global GPON Optical Line
Terminal (OLT) providers
-- Increased customer base to 139 from 117 for the same period in 2007
-- Began commercial shipments of ONTs to an unannounced domestic ONT
partner
Michael C. Shores, President and Chief Executive Officer of TXP, stated, "Overall, we are pleased with our progress during the first quarter of 2008. We attribute our increase in revenue to the continued strength of our prototype services business, as well as the growth of our retrofit solutions, which provide an economically compelling alternative for telecom carriers who must overhaul their local access infrastructures. During the quarter, we focused heavily on our sales and marketing initiatives within the Optical Network Terminal (ONT) group. Specifically, we are engaged in active discussions with a number of carriers to utilize our Gigabit Passive Optical Network (GPON) ONTs for their next generation Fiber-to-the-Home network. We now have product trials ongoing with over 15 carriers and have received favorable feedback from our partners. ONTs provide the connectivity for "the last mile" enabling integrated voice, video and high-speed internet access in the home or business location, and we believe our technology is ideally positioned as carriers look for a low-cost and reliable ONT solution that is interoperable with all of the leading GPON OLT providers."
Total revenue for the first quarter of 2008 increased approximately 14% to approximately $2.5 million, compared with approximately $2.2 million for the same period in 2007. Operating loss for the first quarter was approximately $2.4 million, compared to operating loss of approximately $1.2 million for the same period last year. Net loss for the first quarter of 2008 was approximately $198,000, or $0.00 per share, compared to net loss of approximately $378,000, or $0.00 per share, for the same period in 2007. Net loss in the first quarter of 2008 and 2007 included a non-cash gain of approximately $2.8 million and $1.1 million, respectively, related to change in fair value of derivative financial instruments.
Additionally, the company announced it has completed a financing of up to $5.75 million with YA Global Investments, L.P. Mr. Shores commented, "This additional capital should help to strengthen our balance sheet and enhance our working capital position, as we accelerate our sales and marketing strategy in order to promote our goal of becoming a leading provider of next-generation ONTs."
Additional information about the company's financing is available on the Company's Form 8-K filed with the Securities & Exchange Commission (SEC) on June 2, 2008. Detailed financial results are available in the Company's quarterly report on Form 10-Q for the three months ended March 31, 2008 that was filed with the SEC on May 20, 2008.
About TXP
TXP is an Original Design Manufacturer (ODM) for the telecommunications industry. Based in Richardson, Texas, TXP has three primary business units: TXP-Prototyping Solutions, TXP-ONT Solutions and TXP-Retrofit Solutions. TXP-Prototyping Solutions provides pre-manufacturing services for the electronics industry that help Original Equipment Manufacturers (OEMs) bring products to market both faster and more cost effectively. TXP-ONT Solutions develops and markets, via an ODM model, a line of Carrier-Class CPE products including home gateways and the world's broadest independent family of ONT products to both OEMs and ILECs. ONTs are used in FTTH-based services to terminate the passive optical network at the home or business location, and enable integrated voice, video and high-speed internet access. TXP-Retrofit Solutions provides custom engineered kits that enable ILEC's to upgrade their local access service delivery infrastructure at minimum cost and time, enabling a wide range of next generation telecom platforms to easily fit into the variety of remote OSP cabinets that have been broadly deployed over the last 30 years. For more information visit: http://www.txpcorp.com/
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are "forward-looking statements" that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission which may cause actual results, performance and achievements of the company to be materially different from any future results, performance or achievements expressed or implied.
Media: Investor Relations:
Paul Forzisi David K. Waldman / Klea K. Theoharis
TXP Corporation Crescendo Communications
(214) 575-9300 (212) 671-1020
(tables follow)
TXP CORPORATION
CONSOLIDATED BALANCE SHEETS
March 31, 2008 and December 31, 2007
Cash $294,000 $210,000
Accounts receivable, net of allowance
of $23,000 and $23,000 as of
March 31, 2008 and December 31, 2007 1,658,000 1,708,000
Inventory 2,108,000 1,772,000
Other current assets 182,000 212,000
Total current assets 4,242,000 3,902,000
Property and equipment, net 2,756,000 2,641,000
Other assets 114,000 140,000
TOTAL ASSETS $7,112,000 $6,683,000
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Current maturities of notes payable $168,000 $144,000
Current capital lease obligations 114,000 120,000
Lines of credit 5,000,000 3,300,000
Accounts payable 1,771,000 1,239,000
Deferred revenue 38,000 17,000
Accrued expenses 1,128,000 704,000
Total current liabilities 8,219,000 5,524,000
Notes payable, net of current maturities 108,000 -
Capital lease obligations, net of
current obligations 138,000 165,000
Convertible debentures, net of
unamortized discount of $3,007,000
and $3,370,000 as of March 31, 2008
and December 31, 2007 respectively 1,993,000 1,630,000
Derivative financial instruments 2,382,000 5,178,000
Deferred tax liability 48,000 48,000
TOTAL LIABILITIES 12,888,000 12,545,000
STOCKHOLDERS' DEFICIT
Common Stock , $.001 par value,
300,000,000 authorized, 116,704,428
and 116,584,428 shares issued and
outstanding as of December 31, 2008
and 2007, respectively 117,000 117,000
Additional paid in capital 8,417,000 8,133,000
Accumulated deficit (14,315,000) (14,117,000)
Accumulated other comprehensive income 5,000 5,000
TOTAL STOCKHOLDERS' DEFICIT (5,776,000) (5,862,000)
TOTAL LIABILITIES AND STOCKHOLDERS'
DEFICIT $7,112,000 $6,683,000
TXP CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
Three Months Ended March 31, 2008 and 2007 (unaudited)
2008 2007
Revenues
Prototyping and assembly $1,035,000 $1,084,000
Material management services 958,000 565,000
Retrofit solutions 336,000 184,000
Product and accessory 167,000 19,000
Design and development - 332,000
Total revenues 2,496,000 2,184,000
Cost of sales 1,963,000 1,449,000
Gross profit 533,000 735,000
Costs and expenses
Selling, general and administrative 1,527,000 1,197,000
Research and development 1,346,000 746,000
Depreciation 58,000 33,000
Total costs and expenses 2,931,000 1,976,000
Operating loss (2,398,000) (1,241,000)
Other income (expense)
Interest expense, net (596,000) (248,000)
Change in fair value of derivative
financial instruments 2,796,000 1,111,000
Total other income 2,200,000 863,000
Loss before income taxes (198,000) (378,000)
Income tax expense - -
Net loss $(198,000) $(378,000)
Comprehensive loss $(198,000) $(378,000)
Basic earnings loss per share $(0.00) $(0.00)
Diluted earnings loss per share $(0.00) $(0.00)
Basic weighted average shares outstanding 116,672,780 104,234,515
Diluted weighted average shares outstanding 116,672,780 104,234,515
TXP Corporation
CONTACT: Media, Paul Forzisi of TXP Corporation, +1-214-575-9300; or Investor Relations, David K. Waldman, or Klea K. Theoharis, both of Crescendo Communications, +1-212-671-1020, for TXP Corporation
Web site: http://www.txpcorporation.com/
Tyco Electronics Hosts Investor Meeting; Will Confirm Third-Quarter Guidance
PEMBROKE, Bermuda, June 3 /PRNewswire-FirstCall/ -- Tyco Electronics Ltd. is hosting a meeting today in New York City to update investors on the company and its growth initiatives, strategic priorities and financial performance. The program will include presentations from Tyco Electronics' Chief Executive Officer Tom Lynch, as well as several members of the company's senior management team. The event, which runs from 8:00 a.m. Eastern Daylight Time (EDT) to approximately noon, is being held at the Jumeirah Essex House, 160 Central Park South (between 6th and 7th Avenues) in New York City.
During the meeting, Tyco Electronics will confirm its third-quarter guidance of sales growth of 15 to 17 percent over prior-year sales of $3.3 billion, with organic sales growth of 7 to 9 percent. The company expects diluted earnings per share (EPS) from continuing operations of $0.63 to $0.65, which includes restructuring costs of approximately $0.03 per share. Adjusted EPS from continuing operations are expected to be $0.66 to $0.68, an increase of 35 to 39 percent over the prior-year quarter.
Individuals who are unable to attend the meeting in person will be able to view a webcast at Tyco Electronics' website: http://investors.tycoelectronics.com/. A replay of the presentations will be available at the same website until 11:59 p.m. EDT on July 3, 2008.
ABOUT TYCO ELECTRONICS
Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, undersea telecommunication systems and wireless systems, with 2007 sales of $13.0 billion to customers in more than 150 countries. We design, manufacture and market products for customers in industries from automotive, appliance and aerospace and defense to telecommunications, computers and consumer electronics. With over 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/.
NON-GAAP MEASURES
The difference between reported net sales growth (the most comparable GAAP measure) and organic sales growth (the non-GAAP measure) consists of the impact from foreign currency, acquisitions and divestitures. Please see Exhibit 99.1 to our Form 8-K filed on May 1, 2008 for further explanation of organic sales growth and adjusted EPS.
FORWARD-LOOKING STATEMENTS
This release may contain certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. The forward-looking statements in this release include statements addressing the following subjects: future financial condition and operating results. Economic, business, competitive and/or regulatory factors affecting Tyco Electronics' businesses are examples of factors, among others, that could cause actual results to differ materially from those described in the forward- looking statements. In addition, Tyco Electronics' historical combined financial information is not necessarily representative of the results it would have achieved as an independent, publicly-traded company and may not be a reliable indicator of its future results. Tyco Electronics has no intention and is under no obligation to update or alter (and expressly disclaims any such intention or obligation to do so) its forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. More detailed information about these and other factors is set forth in Tyco Electronics' Annual Report on Form 10-K for the fiscal year ended September 28, 2007 and Quarterly Report on Form 10-Q for the quarterly period ended March 28, 2008, as well as in current reports on Form 8-K filed by Tyco Electronics.
Tyco Electronics Ltd.
CONTACT: Media Relations, Sheri Woodruff, +1-610-893-9555, Mobile, +1-609-933-9243, swoodruff@tycoelectronics.com; or Investor Relations, John Roselli, +1-610-893-9559, john.roselli@tycoelectronics.com, or Keith Kolstrom, +1-610-893-9551, keith.kolstrom@tycoelectronics.com, all of Tyco Electronics Ltd.
Web site: http://www.tycoelectronics.com/
ATK Receives Laureate Award From Computerworld Honors Program for Storage and Data Protection Innovation Featuring Overland's ProductsGlobal Information Technology Awards Foundation Pays Tribute to Individuals and Organizations that Use Technology to Benefit Society
SAN DIEGO, June 3 /PRNewswire-FirstCall/ -- Overland Storage, Inc. today announced that esteemed customer, Alliant Techsystems , a leading provider of advanced weapon and space systems with $4.5 billion in annual sales, has been recognized as a Laureate by the Computerworld Honors Program. This year's honorees were commemorated last night during the 20th Annual Laureates Medal Ceremony & Gala Awards event at the Andrew W. Mellon auditorium in Washington, D.C. ATK's award-winning case study, "Tiered Data Protection Gets Lift-Off," was recognized for its highly effective use of leading-edge storage, disk-based VTLs and scalable tape libraries from Overland Storage.
At ATK, a service-oriented, performance-based data protection and disaster recovery model safeguards soaring storage requirements. In supporting ATK's Baltimore operations, an operating unit in Elkton, Md., and a remote location in California, 150 TBs of storage have been allocated for active, production data along with data backups and resource volumes.
As early proponents of disk-based backup and recovery, ATK initially deployed Overland's REO VTLs along with a scalable NEO 2000 tape library for disk-to-disk-to-tape data protection. VMware and FalconStor's IPStor SANs were embraced for server and storage virtualization. When an EMC Clariion SAN became oversaturated due to aggressive data growth, ATK once again turned to Overland Storage for another layer of data protection. In early 2008, ATK deployed Overland's ULTAMUS RAID 4800 with 1 TB drives for up to 48 TBs of nearline storage capacity within an industry-leading density of only 4u of rack space.
According to Peter McCallum, storage and server administrator for ATK's Elkton location, Overland's best-of-class products provide three different ways to recover mission-critical data, encompassing vital document imaging, statistical analysis, as well as vital SQL Server and Exchange applications. "We are extremely pleased that our world-class technology coupled with focused business-needs analysis is being recognized for technical excellence by the prestigious Computerworld Honors Program," he says. "Overland's disk-to-disk-to-tape (D2D2T) backup and recovery and nearline storage solutions have proven instrumental in helping ATK build a robust and agile system that ensures our mission-critical data is safe and sound."
Members of the Chairmen's Committee, a group of 100 chairmen/CEOs of global technology companies, nominate individuals and organizations from around the world whose visionary applications of information technology promote positive social and economic progress. "Each year, the Computerworld Honors Program seeks to recognize organizations, from a variety of sectors, for their ongoing efforts to utilize technology in order to benefit society," said Ron Milton, chairman of the Board of Trustees for the Computerworld Information Technology Awards Foundation and Executive Vice President of Computerworld. "We are proud to provide the platform to publicly acknowledge these contributions."
About the Computerworld Honors Program
Founded by International Data Group (IDG) in 1988, the Computerworld Honors Program is governed by the not-for-profit Computerworld Information Technology Awards Foundation. In its 20th year, Computerworld Honors is the longest running global program to honor individuals and organizations that use information technology to benefit society.
Each year, the program's Chairmen's Committee, a group of 100 chairmen/CEOs of global technology companies, nominate individuals and organizations from around the world whose visionary applications of information technology promotes positive social and economic progress. Nominations are evaluated by an independent board of CIO-level judges who select laureates, finalists and award recipients in 10 industry-related categories, to be honored at a Laureate Medal Ceremony. This year's ceremony and accompanying Gala Awards Program took place on June 2, 2008 at the Andrew W. Mellon Auditorium in Washington, D.C.
The technology achievements honored by this program are preserved and protected in national archives and in over 350 universities, museums and research institutions throughout the world. Additional information about the program and a Global Archive of past laureate case studies and oral histories can be found at the Computerworld Honors web site: http://www.cwhonors.org/.
About International Data Group (IDG)
International Data Group (IDG) is the world's leading technology media, events and research company. IDG's online network includes more than 450 web sites spanning business technology, consumer technology, digital entertainment and video games worldwide. IDG publishes more than 300 magazines and newspapers in 85 countries including CIO, CSO, Computerworld, GamePro, InfoWorld, Macworld, Network World and PC World. IDG's lead-generation service, IDG Connect, matches technology companies with an audience of engaged, high-quality IT professionals, influencers and decision makers.
IDG is a leading producer of more than 750 technology-related events including Macworld Conference & Expo, LinuxWorld Conference & Expo, Entertainment for all Expo (E for All), DEMO and IDC Directions. IDC, a subsidiary of IDG, is the premier global provider of market intelligence, advisory services and events. Over 900 IDC analysts in more than 90 countries provide global, regional and local expertise on technology and industry opportunities and trends.
Additional information about IDG, a privately held company, is available at idg.com. Note: All product and company names are trademarks of their respective companies.
About Overland Storage
Now in its 27th year, Overland Storage is a market leader and innovative provider of smart, affordable data protection appliances that help midrange and distributed enterprises ensure business-critical data is constantly protected, readily available and always there. Overland's award-winning products include NEO SERIES(R) and ARCvault(TM) tape libraries, REO SERIES(R) disk-based appliances with Virtual Tape Library (VTL) capabilities and ULTAMUS(TM) RAID high-performance, high-density storage. Overland sells its products through leading OEMs, commercial distributors, storage integrators and value-added resellers. For more information, visit Overland's web site at http://www.overlandstorage.com/
Overland, Overland Storage, REO Series, REO, NEO Series, NEO, ARCvault Series, ARCvault and ULTAMUS are trademarks of Overland Storage, Inc.
Overland Storage, Inc.
CONTACT: Sue Hetzel of HetzelMeade Communications, +1-760-434-9927, sue@hetzelmeade.com, for Overland Storage, Inc.
Web site: http://www.overlandstorage.com/ http://www.cbhonors.org/
New Oriental Discusses Impact of Earthquake and Beijing Olympics
BEIJING, June 3 /Xinhua-PRNewswire/ -- New Oriental Education & Technology Group Inc. , the largest provider of private educational services in China, today released a statement on the impact of the May 12, 2008 earthquake in Sichuan province and the 2008 Beijing Olympic Games.
China is currently dealing with its largest natural disaster in a generation, and the entire nation is mobilized in response to the earthquake in Sichuan and in preparation for the Beijing Olympics in August. New Oriental has received an unusually large number of inquiries from investors and analysts regarding the impact of these two events on the Company's business. These events have created a number of short-term challenges, but the Company remains confident in the long-term success of the business.
Sichuan Earthquake
The Sichuan earthquake is dominating the attention and priorities of the entire nation, and has created an urgent sense of national responsibility, which has driven millions of young people to raise millions of dollars for quake relief and, in many cases, travel themselves to Sichuan to assist in the relief efforts. New Oriental, its employees and staff have contributed RMB15 million to earthquake relief and the Company has also sent volunteer teachers and staff to the quake area to help set up "Hope Schools" and other services for quake victims.
New Oriental has twelve schools and learning centers in Sichuan province - six in Chengdu and six in Chongqing - which account for slightly less than three percent of the Company's revenues. The schools suffered minor damage and are expected to reopen next month.
With the nation's attention focused on the disaster in Sichuan, quake relief has taken priority over personal endeavors such as test preparation and studying. New Oriental, in the two weeks after the earthquake, has seen a noticeable nationwide decrease in the number of students enrolling in new classes compared to the Company's own internal estimates, a trend which was especially pronounced during the three days of official mourning from May 19 to 21, 2008. New Oriental is hopeful that the trend will reverse itself, and expects enrollments to recover in June as preliminary relief efforts are completed and the nation returns to a more normal state.
The Company noted that there would be no material adverse financial impact from the Sichuan earthquake for the fourth quarter ended May 31, 2008. While the earthquake may affect enrollments in the coming months, the Company does not expect any long-term negative impact on its business as a result of the earthquake.
Beijing Olympics
The Beijing Olympic Games are scheduled to take place for two weeks from August 8 to 22, 2008. In an effort to reduce traffic congestion and pollution, the Beijing government will institute certain transportation restrictions starting in early July. During the Olympic Games, many roads in and around Olympic venues will have restricted access or will be closed to the public, making it less convenient for New Oriental students to attend classes.
Additionally, college and university students in Beijing must vacate their dorms from July 9, 2008 until the end of summer as a security measure. Normally, students from both Beijing and outside of Beijing attend New Oriental summer programs during this period. The Company has begun marketing to students located outside of Beijing to encourage them to attend New Oriental programs in other Chinese cities such as Shanghai, Tianjin and Zhengzhou. The Company plans to increase capacities in those cities during the summer months. Beijing accounts for approximately 35 percent of New Oriental's revenue, and the summer quarter accounts for approximately 40 percent of annual revenues.
New Oriental schools and learning centers in Beijing will remain open during the summer. Prior to the Sichuan earthquake, New Oriental was seeing strong demand in the vast majority of its schools for the summer quarter, with enrollments in Beijing showing slower growth as expected due to the Beijing Olympics. As previously mentioned, this demand has slowed noticeably in the two weeks following the earthquake, but the Company expects the slowdown to be temporary and for enrollments to recover in the summer. New Oriental does not expect any long-term, material, adverse impact to its business as a result of the Beijing Olympic Games.
About New Oriental
New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental offers a wide range of educational programs, services and products consisting primarily of English and other foreign language training, test preparation courses for major admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. New Oriental's ADSs, each of which represents four common shares, currently trade on the New York Stock Exchange under the symbol "EDU." For more information about New Oriental, please visit http://english.neworiental.org/ .
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about New Oriental's beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. Information regarding these risks and uncertainties is included in our registration statement on Form F-1 and other documents filed with the Securities and Exchange Commission. New Oriental does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of June 3, 2008, and New Oriental undertakes no duty to update such information, except as required under applicable law.
For more information, please contact:
In China:
Ms. Sisi Zhao
New Oriental Education and Technology Group Inc.
Tel: +86-10-6260-5566 x8203
Email: zhaosisi@staff.neworiental.org
Mr. Derek Mitchell
Ogilvy Public Relations Worldwide
Tel: +86-10-8520-6284
Email: derek.mitchell@ogilvy.com
In the United States:
Mr. Thomas Smith
Ogilvy Public Relations Worldwide
Tel: +1-212-880-5269
Email: thomas.smith@ogilvypr.com
New Oriental Education and Technology Group Inc.
CONTACT: In China: Ms. Sisi Zhao of New Oriental Education and Technology Group Inc., +86-10-6260-5566 x8203, or zhaosisi@staff.neworiental.org; Mr. Derek Mitchell of Ogilvy Public Relations Worldwide, +86-10-8520-6284, or derek.mitchell@ogilvy.com; In the United States: Mr. Thomas Smith of Ogilvy Public Relations Worldwide, +1-212-880-5269, or thomas.smith@ogilvypr.com
Web Site: http://english.neworiental.org/
MasTec Continues its Diversification Strategy by Acquiring Pumpco, Inc.
CORAL GABLES, Fla., June 3 /PRNewswire-FirstCall/ -- MasTec, Inc. today announced that it has acquired Pumpco, Inc., a private company specializing in midstream oil and gas pipeline construction. Pumpco, which has been in business for over 25 years, is headquartered in Giddings, Texas, and had annual revenue of approximately $70 million in 2007.
Total purchase price of the acquisition was $44 million plus a 5 year earn out that provides for additional incentive payments if certain financial threshold returns are met. A substantial portion of the purchase price was financed through a new $22.5 million equipment financing facility.
Jose Mas, MasTec's President and CEO noted, "The acquisition of Pumpco continues our diversification and expansion strategy. Gas pipeline customers have been in our top ten customer lists for several quarters and this acquisition significantly expands our presence and capabilities in this growing area."
Mr. Mas concluded, "We were impressed with the quality of the management team and expect this transaction to be accretive in 2008."
Pumpco's experienced management team will remain in place after the acquisition, and Alan Roberts, Pumpco's President and CEO noted, "This transaction was a perfect fit for both parties. Joining forces with MasTec will give Pumpco the added capabilities and resources to grow in our rapidly expanding markets and we are excited to be a part of MasTec's ongoing diversification and growth strategy."
MasTec will discuss the financial impact of this transaction in more detail in conjunction with its second quarter earnings call.
MasTec is a leading specialty contractor operating mainly throughout the United States across a range of industries. The Company's core activities are the building, installation, maintenance and upgrade of communication and utility infrastructure systems. The Company's corporate website is located at http://www.mastec.com/.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current expectations and are subject to a number of risks, uncertainties, and assumptions, including that our revenues, margins and earnings per share may differ from that projected; that our expectations and estimates concerning acquired businesses, including our ability to successfully manage the operational challenges, risks and integration of any such acquisition, may differ from our expectations; that we may be impacted by business and economic conditions affecting us or our customers, including economic downturns, reduced capital expenditures, consolidation and technological and regulatory changes in the industries we serve and any liquidity issues related to our securities held for sale; material changes in estimates for legal costs or case settlements; adverse determinations on any claim, lawsuit or proceeding; the highly competitive nature of our industry; our dependence on a limited number of customers; the ability of our customers to terminate or reduce the amount of work, or in some cases prices paid for services under many of our contracts; the adequacy of our insurance, legal and other reserves and allowances for doubtful accounts; any exposure related to our recently sold DOT projects and assets; restrictions imposed by our credit facility and senior notes; the outcome of our plans for future operations, growth, and services, including backlog and acquisitions; as well as other risks detailed in our filings with the Securities and Exchange Commission. Actual results may differ significantly from results expressed or implied in these statements. We do not undertake any obligation to update forward-looking statements.
MasTec
CONTACT: J. Marc Lewis, Vice President-Investor Relations, +1-305-406-1815, +1-305-406-1886 fax, marc.lewis@mastec.com
Web site: http://www.mastec.com/
Hemlock Semiconductor Expansions Bringing New Polysilicon Supply to Solar and Semiconductor Industries$1.5 billion in announced expansions beginning to come online
HEMLOCK, Mich., June 3 /PRNewswire-FirstCall/ -- Hemlock Semiconductor Corporation has begun production at its new polysilicon facility that will nearly double its output of polycrystalline silicon (polysilicon) to serve the needs of the semiconductor and fast-growing solar energy industries.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080603/CLTU007 )
This new facility - part of a $1.5 billion expansion of the company's Hemlock, Mich. (U.S.) site announced last year - will produce approximately 9,000 metric tons of new polysilicon capacity, bringing the company's annual capacity to approximately 19,000 metric tons by the end of 2008 and making it the largest single polysilicon facility in the world.
"Delivering polysilicon from our new facility as quickly as possible was essential to meet our customers' expectations," said Hemlock Semiconductor President and CEO Rick Doornbos. "These customers have put a lot of faith in us and the additional quantities of silicon feedstock will enable them to advance solar technology throughout the globe."
Hemlock Semiconductor expects to complete an additional expansion with operations and supply beginning in 2010. This expansion will increase the total capacity from the Hemlock site to 36,000 tons by the end of 2011.
"Hemlock Semiconductor's more-than 40 years of technical and manufacturing expertise to supply high-purity polysilicon to the semiconductor and solar industries was critical to our successful construction and operation of this new, world-class operation," said Doornbos. "We are proud of our team for successfully completing this expansion on-time and within budget."
Hemlock Semiconductor is continuing its search for a second location to potentially build a new manufacturing facility. Collaborative efforts with customers are underway and may lead to further expansions as the company expects high demand for its materials to continue.
"As a leading manufacturer of polycrystalline silicon, we feel honored to be working so closely with our customers, who represent many of the global leaders in both the solar and electronics industries," said Doornbos. "Our goal is to use our polysilicon expertise to help them secure a long-term supply of high-purity silicon to meet their growth objectives. "
Hemlock Semiconductor is a joint venture of Dow Corning Corporation and two Japan-based firms, Shin-Etsu Handotai Co., Ltd. and Mitsubishi Materials Corporation. In solar applications, polycrystalline silicon is the cornerstone material used to produce solar cells that harvest renewable energy from light rays. In addition to serving the solar energy market, polysilicon is also used in the production of semiconductor devices used in computers, cell phones and other electronic applications.
NOTE TO EDITORS: A media teleconference will be held on Thursday, June 5 from 10:30-11:00 a.m. (Eastern Time Zone) for media with follow up/clarification questions regarding this news. Please email Jarrod.Erpelding@dowcorning.com for teleconference access numbers if you wish to attend. No analysts please.
Dow Corning Corporation (http://www.dowcorning.com/) provides performance-enhancing solutions to serve the diverse needs of more than 25,000 customers worldwide. A global leader in silicon-based technology and innovation, offering more than 7,000 products and services, Dow Corning is equally owned by The Dow Chemical Company and Corning, Incorporated. More than half of Dow Corning's annual sales are outside the United States.
Hemlock Semiconductor Corporation (http://www.hemlocksemiconductor.com/) is a leading provider of polycrystalline silicon and other silicon-based products used in the manufacturing of semiconductors devices and passive solar cells and modules. Headquartered in Hemlock, Mich., Hemlock Semiconductor is a joint venture of Dow Corning Corporation and two Japan-based firms, Shin-Etsu Handotai Co., Ltd. and Mitsubishi Materials Corporation.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080603/CLTU007 AP Archive: http://photoarchive.ap.org/ AP PhotoExpress Network: PRN4 PRN Photo Desk, photodesk@prnewswire.com
Dow Corning Corporation
CONTACT: Jarrod Erpelding of Dow Corning, +1-989-496-1582, Jarrod.Erpelding@dowcorning.com
Web site: http://www.dowcorning.com/ http://www.hemlocksemiconductor.com/
Informatica Announces 2008 Innovation Award WinnersLeading companies demonstrate return on investment and benefits of data integration
LAS VEGAS, June 3 /PRNewswire-FirstCall/ -- Informatica Corporation , the leading independent provider of data integration software and services, today announced the winners of the 2008 Informatica Innovation Awards competition, spotlighting companies that have achieved unique and far-reaching business advantage through their use of Informatica solutions. The panel of judges recognized individual winners in nine Business and Technical Enablement categories, with the overall "best-of-the-best" honor going to Dutch telecommunications leader KPN for its creation of comprehensive, up-to-the-second customer views powered by accurate, real-time integrated data.
"In judging the 2008 Informatica Innovation Awards, it quickly became clear that these are companies on the cutting edge, and it has been an honor to recognize their trail-blazing efforts," said guest judge Michael Friedenberg, CEO and president, CXO Media. "From assimilating acquisitions to delivering superior customer service to driving compliance, the winners highlight the pervasive power of clean, comprehensive and timely data, and the wealth of creative ways with which it can be leveraged for sustainable business value."
"Informatica products and services have been critical to driving shareholder value through improved customer service," said Jan Muchez, CIO, KPN. "To realize our Strategic Innovation goals, we built our Customer Data Cleansing platform with Informatica; it gives us real-time access and cleansing of our customer data. Our winning of the overall 2008 Innovation Award signifies industry acknowledgement of the competitive advantage this project has brought to KPN."
The winners were announced at Informatica World 2008, the company's 10th annual data integration showcase and user conference, attended by more than 1,200 customers, partners and industry professionals from around the world. The nine categories and eleven winners in this year's competition underscore the broad applicability of data integration and data quality technologies in today's market, and their vast potential for delivering business advantage. The 2008 winners in each category are:
Business Enablement Awards Winners
-- Driving shareholder value in M&A - Virgin Media
-- Delivering enhanced customer service - KPN
-- Driving operational efficiency - Oi and ING Americas
-- Enabling better decision making - Deutsche Post and Ahold Netherlands
-- Ensuring governance and compliance - Bank of America
"Our platform is a comprehensive information environment covering the total retail value chain, supporting our decision-making and analytical processes," said Egbert Dijkstra, Global Director of Business Intelligence, Ahold Netherlands. "We use Informatica to integrate data from over 90 sources, including POS and stock data, which are loaded in real time - about 1.5 billion records a week. Thanks to rapid availability of information and a high degree of detail, this platform supports every aspect of the business and is used by individuals at all levels -- from the shop floors, to business partners, to the board. In addition, over 30,000 customers access the data warehouse weekly."
Technology Enablement Award Winners
-- Data quality - ACH Food Companies
-- On-demand data integration - Ellie Mae
-- B2B partner integration - Paramount
-- Strategic approach to enterprise data integration - Duke Energy
"Growth and acquisition has demanded that we remain flexible. At the core of that is our technology platform," said Donnie Steward, CIO, ACH Food Companies. "Using Informatica's technology and Velocity Methodology, we converted customer, vendor, and material data to SAP and consolidated the customer data base. At the same time, we cleansed the data - all within six months. As a result, we have streamlined our processes and improved the efficiency of conducting business with our partners. We look forward to our continued relationship and joint effort in taking our use of the Informatica toolset to the next level."
About Informatica
Informatica Corporation is the leading independent provider of data integration software and services. With Informatica, organizations can gain greater business value by integrating all their information assets from across the enterprise. More than 3,200 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of varying complexity and scale. For more information, call +1 650 38 5 5000 (1 800 653 9871 in the U.S.), or visit http://www.informatica.com/.
Note: Informatica is a registered trademark of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.
Informatica Corporation
CONTACT: Deborah Wiltshire of Informatica Corporation, +1-650-385-5360, mobile, +1-650-862-8186, dwiltshire@informatica.com; or Donna Lyon of Text 100, +1-415-593-8478, mobile, +1-650-248-1587, informatica@text100.com
Web site: http://www.informatica.com/
Informatica Announces First Comprehensive, Unified, and Open Platform for Data IntegrationInformatica 8.6 delivers real-time data integration, integration-as-a-service, cross-enterprise data exchange and proactive data quality
LAS VEGAS, June 3 /PRNewswire-FirstCall/ -- Informatica Corporation today announced the first comprehensive, unified, and open platform for data integration, Informatica 8.6. This latest release delivers new product and Software-as-a-Service offerings including PowerCenter Real Time Edition, on-demand Data Loader Service, B2B Data Exchange, and Data Quality with identity resolution. This comprehensive platform addresses the complete range of data integration requirements within the enterprise and beyond.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080603/AQTU180)
"Informatica 8.6 is the first comprehensive, unified, and open platform for data integration," said Sohaib Abbasi, chairman and CEO, Informatica. "With a comprehensive platform delivering timely and trustworthy data, customers can gain a competitive advantage, while mitigating risks, in today's information economy."
Comprehensive Platform
Informatica 8.6 delivers the industry's first comprehensive platform with best-in-class technology in each of the following four categories:
- Real time, near-universal data integration within an enterprise
- On-demand data integration to retain control over outsourced,
off-premise data
- Multi-enterprise integration to flexibly exchange data with partners
- Data quality solutions to gain confidence in all data
Real-time Data Integration
Informatica 8.6 includes the new PowerCenter Real Time Edition. With new features such as streaming changed data capture, PowerCenter 8.6 supports the entire continuum of data integration latency or timeliness requirements from batch to real-time. Developers are much more productive with powerful orchestration facilities to further automate the data integration lifecycle.
"PowerCenter's right-time data integration capabilities provide a framework for deriving information from data as soon as the data becomes available. The resulting increase in forecasting accuracy in the past year has delivered millions of dollars to the bottom line for both Electronic Arts and our retail customers," said Rajesh Gupta, PMP, Business Intelligence and Data Services at Electronic Arts, Inc.
Third On-Demand Integration Service
Informatica continues to deliver on its pioneering roadmap with its third software-as-a-service offering for cloud computing-based data integration. The new Data Loader service provides business users with a simple-to-use service to integrate their off-premise data managed by salesforce.com with their on-premise data. With Informatica On Demand services, data integration is as easy to use as consumer web sites.
"We used to write scripts to extract data from our local databases, transform the data, and schedule the file loads into Salesforce," said Mauricio del Rio, Senior CRM Analyst at Illumina Inc. "With Informatica's On Demand Data Loader Service, we can simply use a browser to configure and deploy our integration jobs. This service really enhances our Salesforce user experience and validates the fact that we can truly do everything On Demand."
New B2B Data Exchange
The new B2B Data Exchange category includes two products: B2B Data Transformation and B2B Data Exchange. B2B Data Transformation delivers near-universal support for unstructured data, such as Microsoft Excel and Word, as well semi-structured industry-specific standards like SWIFT for financial services and HIPAA for healthcare. B2B Data Exchange flexibly automates data exchange between organizations with orchestration and partner management facilities.
"In order to support billions of dollars of payment transactions for our commercial and large corporate customers, we needed to transform any type of customer data," said Terry Johnson, Payments Logistics, Wells Fargo Wholesale Services. "Informatica enabled our business analysts to integrate our customers' data in a matter of days instead weeks."
Proactive Data Quality with Identity Resolution
The new release delivers proactive data quality preventing problems from occurring at the point-of-entry. Additionally, identity resolution technology uniquely enables search, match and resolution of identification data across multiple systems and more than 60 languages. This unique capability will be available as an integral part of Data Quality 8.6.
"Informatica products and services have been critical to driving shareholder value through improved customer service," said Jan Muchez, CIO at KPN. "To realize our Strategic Innovation goals, we built our Customer Data Cleansing platform with Informatica; it gives us real-time cleansing and standardization of our customer data."
Unified Platform
The new product release, 8.6, offers the first unified data integration platform to mitigate risks associated with assembling technology components from a variety of vendors. Informatica products are all designed to work together. The new release significantly enhances developer productivity by providing a common user interface and reusability facilities based on a common metadata repository. The unified runtime engine and simplified administration reduces the total cost of ownership.
Open Platform
Informatica supports the broadest array of operating systems, databases, middleware, business intelligence and application software. As a result, the Informatica platform enables near-universal access to all data: structured and unstructured; on-premise and off-premise.
"Businesses are being driven by growing customer expectations, intense competitive pressures, and constantly changing macroeconomic issues to become more adaptive, agile and efficient," said Dave Stodder, vice president and research director, Ventana Research. "To thrive in this environment, leading businesses are actively evolving to stay ahead. Informatica 8.6 shows potential to help businesses to make the evolution by enabling them to access, integrate and utilize their data in real-time to improve decision making and improve operational efficiency."
Availability
Informatica 8.6 will be generally available on June 30. Try Informatica On Demand at http://www.informatica.com/ondemand.
About Informatica
Informatica Corporation is the leading independent provider of data integration software and services. With Informatica, organizations can gain greater business value by integrating all their information assets across the enterprise. More than 3,200 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of varying complexity and scale. For more information, call +1 650 38 5 5000 (1 800 653 9871 in the U.S.), or visit http://www.informatica.com/.
Note: Informatica, PowerCenter, Informatica Data Quality, Informatica Data Explorer, Informatica B2B Data Transformation, Informatica B2B Data Exchange and Informatica On Demand are trademarks or registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.
This press release contains forward-looking statements that are based on assumptions regarding Informatica's product release and service availability. However, these statements are not guarantees of the availability, which may be delayed or cancelled. The development, release and timing of any Informatica product or service features described in this document remain at the sole discretion of Informatica and should not be relied upon in making a purchasing decision. This document is provided for information purposes only. Statements made regarding product and/or services packaging and future functionality are based on current available information, which is subject to change. Such statements should not be relied upon as a representation, warranty or commitment to deliver specific products or services, or functionality in the future. Such statements involve risks and uncertainties, and actual results may differ materially from the results described in this press release. More information about potential risks and uncertainties that could affect Informatica's business. products and services are included under the caption "Risk Factors" in Part I Item 1A of Informatica's report on Form 10-K for the year ended December 31, 2007 and in Part II Item 1A of Informatica's report on Form 10-Q for the quarter ended March 31, 2008, which are on file with the SEC, and available on the company's investor relations website at http://www.informatica.com/. All information provided in this release is as of June 3, 2008, and Informatica undertakes no duty to update this information.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080603/AQTU180 AP Archive: http://photoarchive.ap.org/ AP PhotoExpress Network: PRN13 PRN Photo Desk, photodesk@prnewswire.com
Informatica Corporation
CONTACT: Deborah Wiltshire of Informatica Corporation, +1-650-385-5360, mobile, +1-650-862-8186, dwiltshire@informatica.com; Donna Lyon of Text 100, +1-415-593-8478, mobile, +1-650-248-1587, informatica@text100.com, for Informatica Corporation
Web site: http://www.informatica.com/
Verizon Business Receives 2007 Nortel Partner Advantage Innovation AwardCompany Recognized for Helping Companies Manage VoIP Transition
BASKING RIDGE, N.J., June 3 /PRNewswire/ -- Verizon Business has received the 2007 Nortel Partner Advantage Innovation Award, recognizing the company's success in helping customers transition to voice over Internet protocol (VoIP) while providing ongoing management of their Nortel VoIP platforms.
The award recognizes a Nortel business partner for crafting unique solutions using Nortel products and services that meet specific customer requirements. Verizon Business was selected from scores of Nortel partners, based on its successful launch of a new managed service to support Nortel Internet protocol (IP) telephony platforms.
"This award underscores our focus and commitment to delivering flexible, world-class voice-over-IP solutions to the marketplace," said Nancy Gofus, senior vice president and chief marketing officer, Verizon Business. "Working with Nortel, we are combining our individual strengths to provide customers with the expertise and technology necessary to successfully deploy and manage enterprise VoIP services that make a difference for our customers."
In December 2007, Verizon Business announced availability of a new managed service for Nortel IP PBX equipment that combines the reliability, flexibility and simplicity of Nortel's portfolio with Verizon Business' comprehensive management, PBX expertise and advanced monitoring systems and processes. The new managed IP PBX offering provides large-business and government customers another strong option for efficiently transitioning to an advanced, integrated IP-based communications platform with the addition of a new server and updated software.
"It is an honor to recognize Verizon Business for its commitment to investing in new Nortel-based capabilities to meet the IP-transition needs of enterprise customers," said Laura Hale, manager - enterprise business development, Nortel. "Our collaboration makes good business sense, and we look forward to raising the bar in 2008 as we help customers prepare for accelerating IP transformation and unified communications."
Verizon Business has been a Nortel partner for more than 20 years and is a Nortel Elite Advantage partner. Its technical and support staff collectively hold more than 1,000 Nortel certifications for design, support, technology and sales. Verizon Business has deployed more than 155,000 Nortel PBXs and more than 4,800 Nortel IP telephony platforms, and currently maintains nearly 30,000 Nortel systems.
Verizon Business manages nearly 260,000 devices on more than 4,000 customer networks in 142 countries and territories, overseeing non-Verizon connections from more than 60 network providers around the world. Verizon Business' industry-leading service-level commitments for its managed network services and award-winning IMPACT management platform underscore its legacy of service and innovation. Verizon Business also offers a suite of professional network and security services to help customers successfully deploy and manage IP networks. These services range from network assessment and design consulting to project management and capacity planning.
Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks.
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'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon Business
CONTACT: Kevin W. Irland, +1-703-886-1117, kevin.w.irland@verizon.com
Web site: http://www.verizonbusiness.com/ http://www.verizon.com/ http://www.verizon.com/news
Ira Carlin Advisor to Eloda
MONTREAL and NEW YORK, June 3 /PRNewswire-FirstCall/ -- Eloda Corporation (TSX-V: ELA) is pleased to announce that Ira Carlin will act as a Senior Advisor to the Board and to the management of the company. Mr. Carlin is a recognized industry leader on the subject of new and emerging technologies in marketing, advertising and media.
Mr. Carlin brings to Eloda 36 years of top-level media and new media management as well as strategic thinking for some of the world's largest advertising agencies and their clients. "I am honored to know that Eloda will benefit from the knowledge and experience Ira can bring to the company. His impressive understanding of the media industry and its challenges is of tremendous value to us in the present phase of commercialization of our product," said François Rainville, President and CEO of Eloda.
Mr. Carlin was, most recently, Chairman-International of MAGNA Global Worldwide, one of the world's largest media services firms. MAGNA works on behalf of the Interpublic Group's media specialists, including Universal McCann, Initiative Media, and other IPG media shops around the world. MAGNA Global negotiates media around the world on behalf of aggregated clients from these agencies. Earlier Mr. Carlin was Chairman and CEO of Universal McCann and EVP/Worldwide Media Director of the $15 billion media arm of McCann- Erickson Worldwide, a leading multinational advertising agency network spanning over 130 countries around the world, prior to the establishment of UM. He was also Chairman of Thunderhouse, IPG's first effort in Global online advertising and media operations. Mr. Carlin was a primary architect of McCann-Erickson's 1987 sponsorship of the MIT Media Lab, and served as a member of the Lab's News in the Future executive committee during the '90's.
Mr. Carlin has served as a member of the Board of Directors of Mediaplex and Valueclick, and is currently serving on the Board of The Knot, where he chairs the compensation committee for this NASDAQ listed company that is the premier wedding life stage media company.
About Eloda Corporation
Eloda Corporation (TSX-V: ELA) is a third party provider of a suite of innovative, effective and user-friendly measurement and validation tools for the advertising industry. The company is headquartered in Montreal, with an office in New York City. For more information, visit http://www.eloda.com/.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Eloda Corporation
CONTACT: Christiane Allaire, Ext. 203, or Sonia Ferland, Ext. 223, both of Eloda Corporation, 1-866-303-1513, com@eloda.com
Web site: http://www.eloda.com/
[video] WallSt.net's '3 Minute Press Show' Features Executive Interviews and Highlights Recent Press for the Following: VSHD, EDWT, AVI, CFTN, XMDC, BFNH, BKYI, CYU, GRPS, EPS
NEW YORK, June 3 /PRNewswire/ -- WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino.
Shows air Monday through Friday on: http://tv.wallst.net/3-min-press/3-min-press.php.
WallSt.net's 3-Minute Press Show features in-depth interviews with public company executives on their company and most recent press releases. The show is designed to provide viewers with insight into a company's most recent press release, and its impact on the company's growth.
The following executives were interviewed on today's show:
-- Jordan Hudgens, Chief Executive Officer of Vidshadow, Inc.
(Pink Sheets: VSHD) (http://www.vidshadow.com/)
-- Rob Saunders, Chief Executive Officer of Edgewater Foods International,
Inc.
(BULLETIN BOARD: EDWT) (http://www.edgewaterfoods.com/)
-- Renaud Beauchesne, Chief Executive Officer of Advitech, Inc.
(TSX.V: AVI) (http://www.advitech.com/)
-- Kenneth Friedman, President of Clifton Mining Co.
(Pink Sheets: CFTN) (http://www.cliftonmining.com/)
-- Paul Lisenby, Chief Executive Officer of XTend Medical Corp.
(Pink Sheets: XMDC) (http://www.xtendmedical.com/)
-- Greg Brown, Chief Financial Officer of BioForce Nanosciences Holdings,
Inc.
(BULLETIN BOARD: BFNH) (http://www.bioforcenano.com/)
-- Michael DePasquale, Chief Executive Officer of BIO-key International,
Inc.
(BULLETIN BOARD: BKYI) (http://www.bio-key.com/)
-- Ronald Coombes, President and CEO of Columbia Yukon Explorations, Inc.
(TSX.V: CYU) (http://www.columbiayukon.com/)
-- Bruce Caplin, Chief Executive Officer of Gold River Productions, Inc.
(Pink Sheets: GRPS) (http://www.goldriverinc.com/)
-- Fred Zaziski, President and CEO of Epsilon Energy Ltd.
(TSX: EPS) (http://www.epsilonenergyltd.com/)
About WallStreet Direct, Inc.
WallStreet Direct, Inc. a wholly-owned subsidiary of Financial Media Group, Inc. (BULLETIN BOARD: FNGP) , owns and operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/) an online hub for business podcasts from well-known business news personalities and publishers. We have received nine hundred ninety five dollars from BioForce Nanosciences Holdings, Inc. for media and advertising services. We have received one million two hundred fifty thousand restricted shares of XMDC from XTend Medical Corp. for media and advertising services. We have received nine thousand nine hundred ninety five dollars and one hundred thirty thousand restricted shares of VSDW from Vidshadow, Inc. for media and advertising services. We have received four hundred ninety five dollars from BIO-key International, Inc. for press release dissemination services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.
Contact
WallSt.net
800-4-WALLST
WallStreet Direct, Inc.; Vidshadow, Inc.; Edgewater Foods
CONTACT: WallSt.net, 1-800-4-WALLST
Web site: http://www.wallst.net/ http://www.vidshadow.com/ http://www.edgewaterfoods.com/ http://www.advitech.com/ http://www.cliftonmining.com/ http://www.xtendmedical.com/ http://www.bioforcenano.com/ http://www.bio-key.com/ http://www.columbiayukon.com/ http://www.goldriverinc.com/ http://www.epsilonenergyltd.com/
DSW.com Invites Shoe Lovers in West Virginia to Unleash Their Passion OnlineCustomers Can Now Shop From More Than 2,000 Shoe Styles Available on the New E-Commerce Site
COLUMBUS, Ohio, June 3 /PRNewswire-FirstCall/ -- Shoe lovers in West Virginia have a new reason to kick up their heels. DSW Inc., one of the fastest growing specialty footwear retailers, today announced the public launch of its e-commerce site, DSW.com .
(Logo: http://www.newscom.com/cgi-bin/prnh/20050629/CLW021LOGO )
The site enables West Virginia residents to experience what millions of DSW customers across the country have become so passionate about -- a remarkable selection of the latest styles of footwear at a significant value. With sandals, pumps, flats, boots and athletic footwear in the fashion-right colors and fabrications, DSW.com features more than 2,000 styles. The site offers the hottest trends from more than 175 well-known brands and continues to add more.
While the company opened its first store in Dublin, Ohio, in 1991, it deliberately waited until now to launch its online presence.
"The DSW in-store experience, including the 'wow' factor of the assortment and the surprise of ever-changing inventory, is cherished by our customers," said Debbie Ferree, vice chairman of DSW. "It was important that we waited until we could replicate that experience as closely as possible online."
Unique Online Shopping Experience
In order to achieve an online experience that most accurately mirrors that of shopping in a DSW store, the retailer went straight to the experts -- active members of its Rewards program. Inspired largely by their vision, DSW.com engages customers through its stunning, yet simple design. The shoes are shown in high-definition, with 360-degree views, including the top and bottom.
To help customers make their choices, the site provides product recommendations. In addition, it inspires conversations among shoe lovers through mini-blogs and product ratings. DSW also plans to introduce additional, interactive features to the site in the coming months.
DSW.com further extends the company's commitment to superior customer service. In addition to providing customers with 24/7 access to its remarkable selection of the latest styles, the company welcomes customers to return products purchased online at any of its 270 stores nationwide.
Join DSW Rewards and Receive Free Shipping
For a limited time, DSW Rewards members will receive free shipping on all online orders. The program, named "Best Retail Rewards Program" by Kiplinger, currently has 9 million active members. Members are the first to receive special news and the best product offers throughout the year.
"We are excited about the prospect of combining our successful and fast- growing loyalty program with our new online shopping experience," Ferree continued. "We are delighted that residents in West Virginia will now be able to engage in the DSW experience online."
As one of the nation's fastest growing specialty retailers, DSW also continues to open new stores across the country. In 2007, DSW opened 37 stores in strategic markets and plans to open at least 30 more in 2008. DSW recorded total sales of $1.4 billion in 2007.
For high resolution images and a Web demonstration of DSW.com, please click on the following links: DSW.com Home Page ( http://www.dswinc.com/images/dswcom/hi-res-screenshot_homepage.jpg ), Women's Shoes ( http://www.dswinc.com/images/dswcom/hi-res-screenshot_landing_page.jpg ) and DSW.com Demonstration ( http://www.dswinc.com/images/dswcom/prodpage.wmv ).
DSW Inc. is a leading branded footwear specialty retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear for women and men. As of May 29, 2008, DSW operated 270 stores in 37 states and operated an e-commerce site, http://www.dsw.com/ . DSW also supplied footwear to 384 leased locations (36 for related retailers and 348 for non-related retailers) in the United States. For store locations and additional information about DSW, visit http://www.dswinc.com/ .
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050629/CLW021LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
DSW Inc.
CONTACT: Debbie Mitchell of DSW, Inc., +1-614-872-1078, DebbieMitchell@dswinc.com
Web site: http://www.dsw.com/ http://www.dswinc.com/ http://www.dswshoes.com/
DSW.com Invites Shoe Lovers in Vermont to Unleash Their Passion OnlineCustomers Can Now Shop From More Than 2,000 Shoe Styles Available on the New E-Commerce Site
COLUMBUS, Ohio, June 3 /PRNewswire-FirstCall/ -- Shoe lovers in Vermont have a new reason to kick up their heels. DSW Inc., one of the fastest growing specialty footwear retailers, today announced the public launch of its e-commerce site, DSW.com.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050629/CLW021LOGO )
The site enables Vermont residents to experience what millions of DSW customers across the country have become so passionate about - a remarkable selection of the latest styles of footwear at a significant value. With sandals, pumps, flats, boots and athletic footwear in the fashion-right colors and fabrications, DSW.com features more than 2,000 styles. The site offers the hottest trends from more than 175 well-known brands and continues to add more.
While the company opened its first store in Dublin, Ohio, in 1991, it deliberately waited until now to launch its online presence.
"The DSW in-store experience, including the 'wow' factor of the assortment and the surprise of ever-changing inventory, is cherished by our customers," said Debbie Ferree, vice chairman of DSW. "It was important that we waited until we could replicate that experience as closely as possible online."
Unique Online Shopping Experience
In order to achieve an online experience that most accurately mirrors that of shopping in a DSW store, the retailer went straight to the experts - active members of its Rewards program. Inspired largely by their vision, DSW.com engages customers through its stunning, yet simple design. The shoes are shown in high-definition, with 360-degree views, including the top and bottom.
To help customers make their choices, the site provides product recommendations. In addition, it inspires conversations among shoe lovers through mini-blogs and product ratings. DSW also plans to introduce additional, interactive features to the site in the coming months.
DSW.com further extends the company's commitment to superior customer service. In addition to providing customers with 24/7 access to its remarkable selection of the latest styles, the company welcomes customers to return products purchased online at any of its 270 stores nationwide.
Join DSW Rewards and Receive Free Shipping
For a limited time, DSW Rewards members will receive free shipping on all online orders. The program, named "Best Retail Rewards Program" by Kiplinger, currently has 9 million active members. Members are the first to receive special news and the best product offers throughout the year.
"We are excited about the prospect of combining our successful and fast- growing loyalty program with our new online shopping experience," Ferree continued. "We are delighted that residents in Vermont will now be able to engage in the DSW experience online."
As one of the nation's fastest growing specialty retailers, DSW also continues to open new stores across the country. In 2007, DSW opened 37 stores in strategic markets and plans to open at least 30 more in 2008. DSW recorded total sales of $1.4 billion in 2007.
For high resolution images and a Web demonstration of DSW.com, please click on the following links: DSW.com Home Page
( http://www.dswinc.com/images/dswcom/hi-res-screenshot_homepage.jpg ), Women's Shoes ( http://www.dswinc.com/images/dswcom/hi-res-screenshot_landing_page.jpg ) and DSW.com Demonstration ( http://www.dswinc.com/images/dswcom/prodpage.wmv ).
DSW Inc. is a leading branded footwear specialty retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear for women and men. As of May 29, 2008, DSW operated 270 stores in 37 states and operated an e-commerce site, http://www.dsw.com/. DSW also supplied footwear to 384 leased locations (36 for related retailers and 348 for non-related retailers) in the United States. For store locations and additional information about DSW, visit http://www.dswinc.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20050629/CLW021LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
DSW Inc.
CONTACT: Debbie Mitchell of DSW Inc., +1-614-872-1078, DebbieMitchell@dswinc.com
Web site: http://www.dsw.com/ http://www.dswinc.com/
DSW Invites Shoe Lovers to Unleash Their Passion OnlineFeatures of New E-Commerce Site Inspired by Members of the DSW Rewards Program
COLUMBUS, Ohio, June 3 /PRNewswire-FirstCall/ -- Shoe lovers nationwide have a new reason to kick up their heels. DSW Inc., one of the fastest growing specialty footwear retailers, today announced the public launch of its e-commerce site, DSW.com.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050629/CLW021LOGO )
The site makes available on a mass scale what millions of DSW customers have become so passionate about -- a remarkable selection of the latest styles of footwear at a significant value. With sandals, pumps, flats, boots and athletic footwear in the fashion-right colors and fabrications, DSW.com features more than 2,000 styles. The site offers the hottest trends from more than 175 well-known brands and continues to add more.
While the company opened its first store in Dublin, Ohio, in 1991, it deliberately waited until now to launch its online presence.
"The DSW in-store experience, including the 'wow' factor of the assortment and the surprise of ever-changing inventory, is cherished by our customers," said Debbie Ferree, vice chairman of DSW. "It was important that we waited until we could replicate that experience as closely as possible online."
Unique Online Shopping Experience
In order to achieve an online experience that most accurately mirrors that of shopping in a DSW store, the retailer went straight to the experts -- active members of its Rewards program. Inspired largely by their vision, DSW.com engages customers through its stunning, yet simple design. The shoes are shown in high-definition, with 360-degree views, including the top and bottom.
To help customers make their choices, the site provides product recommendations. In addition, it inspires conversations among shoe lovers through mini-blogs and product ratings. DSW also plans to introduce additional interactive features to the site in the coming months.
DSW.com further extends the company's commitment to superior customer service. In addition to providing customers with 24/7 access to its remarkable selection of the latest styles, the company welcomes customers to return products purchased online at any of its 270 stores nationwide.
Join DSW Rewards and Receive Free Shipping
For a limited time, DSW Rewards members will receive free shipping on all online orders. The program, named "Best Retail Rewards Program" by Kiplinger, currently has 9 million active members. Members are the first to receive special news and the best product offers throughout the year.
"We are excited about the prospect of combining our successful and fast-growing loyalty program with our new online shopping experience," Ferree continued. "We are delighted to be able to offer our customers both a remarkable in-store shopping experience and online shopping anywhere, anytime."
As one of the nation's fastest growing specialty retailers, DSW also continues to open new stores across the country. In 2007, DSW opened 37 stores in strategic markets and plans to open at least 30 more in 2008. DSW recorded total sales of $1.4 billion in 2007.
For high resolution images and a Web demonstration of DSW.com, please click on the following links: DSW.com Home Page ( http://www.dswinc.com/images/dswcom/hi-res-screenshot_homepage.jpg ), Women's Shoes ( http://www.dswinc.com/images/dswcom/hi-res-screenshot_landing_page.jpg ) and DSW.com Demonstration ( http://www.dswinc.com/images/dswcom/prodpage.wmv ).
DSW Inc. is a leading branded footwear specialty retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear for women and men. As of May 29, 2008, DSW operated 270 stores in 37 states and operated an e-commerce site, http://www.dsw.com/ . DSW also supplied footwear to 384 leased locations (36 for related retailers and 348 for non-related retailers) in the United States. For store locations and additional information about DSW, visit http://www.dswinc.com/ .
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050629/CLW021LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
DSW Inc.
CONTACT: Debbie Mitchell of DSW Inc., +1-614-872-1078, DebbieMitchell@dswinc.com
Web site: http://www.dsw.com/ http://www.dswinc.com/
Massive Inc Is First Dynamic In-Game Advertising Network Validated Through Third-Party Auditing Process
NEW YORK, June 3 /PRNewswire/ --
- As in-game media form matures, proven accuracy of Massive's impression
counting provides strong accountability for advertisers and agencies.
Massive Inc, a wholly owned subsidiary of Microsoft Corp and a leading
network for video game advertising, today announced that it has successfully
completed an audit by Interactive Media Services Group Ltd (ImServices) to
verify the accuracy of Massive's process for impression counting. As the
first dynamic in-game advertising network to undergo a third-party impression
audit, Massive provides advertisers and agencies with the accountability
required of a mature media form.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
"Our audit by ImServices, an industry leader in auditing websites and
advertising networks, is the latest affirmation that the Massive in-game
advertising network is taking the necessary steps to rapidly evolve and to
deliver the level of measurement and accountability our clients expect," said
Cory Van Arsdale, chief executive officer of Massive. "As the pioneers and
leading innovators in the in-game industry, we remain committed to a high
level of transparency and integrity in our processes, and third-party
auditing is a critical step."
"Our review of Massive's controls over advertising delivery, measurement
and data security shows Massive to be compliant with the Interactive
Advertising Bureau (IAB) Ad Impressions Measurement and Audit Guidelines and
applicable Minimum Standards as published by the Media Rating Council (MRC),"
said Dick Bennett, CEO of ImServices. "I believe it is significant that
Massive, one of the top players in online gaming, has taken the leadership
role and become the first in-game advertising network to seek a third-party
audit."
Massive will undergo annual audits on the performance of its current
procedures based on standards for accuracy and accountability. Specifically,
the audit verifies that Massive's process for impression counting is
consistent, and that the sizes, angles and cumulative second thresholds cited
are accurately reflected in the network's technology and operations.
While no industry standards currently exist for in-game advertising
measurement, Massive will be one of a number of in-game advertising companies
working with the IAB and the MRC to develop acceptable standards. Once such
guidelines are in place, Massive will evaluate its processes and make
necessary adjustments so that it is in full compliance, and will make them
the basis of all subsequent audits.
The team's broad industry experience at ImServices has given them
considerable insight into the needs of online advertisers, content providers
and service providers. They possess a thorough knowledge of the processes
involved with developing independent measurement standards and have been
deeply involved in initiatives to create these critical standards for the
online advertising community. Through active participation in key
organisations such as the Interactive Advertising Bureau (IAB) and
Advertising Research Foundation (ARF), they have helped to shape evolving
online measurement and verification standards.
About Massive Inc
Massive Inc, a wholly owned subsidiary of Microsoft Corp, is the creator
of a leading network for dynamic video game advertising. The Massive Network
offers advertisers the ability to engage an aggregated gaming audience in
real time across multiple platforms. Over 200 blue-chip advertisers have run
campaigns across the Massive Network throughout North America and Europe.
Publishers in the Massive Network generate revenue through dynamic in-game
advertising, enabling them to fully realise the value of their content while
preserving and enhancing the game experience. Massive's technology allows for
all forms of downloadable media and advertising content to be contextually
integrated into the game environment, including image, audio, video and game
object formats. More information can be found online at
http://www.massiveincorporated.com.
About Microsoft
Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in
software, services and solutions that help people and businesses realise
their full potential.
About Microsoft EMEA (Europe, Middle East and Africa)
Microsoft has operated in EMEA since 1982. In the region Microsoft
employs more than 16,000 people in over 64 subsidiaries, delivering products
and services in more than 139 countries and territories.
This material is for informational purposes only. Microsoft Corp
disclaims all warranties and conditions with regard to use of the material
for other purposes. Microsoft Corp shall not, at any time, be liable for any
special, direct, indirect or consequential damages, whether in an action of
contract, negligence or other action arising out of or in connection with the
use or performance of the material. Nothing herein should be construed as
constituting any kind of warranty.
Web site: http://www.microsoft.com
Microsoft Corp
Corie Pierce of The SutherlandGold Group, +1-318-402-3654, corie@sutherlandgold.com, for Microsoft Corp. NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft in EMEA, please visit http://www.microsoft.com/emea or the EMEA Press Centre at http://www.microsoft.com/emea/presscentre. Web links, telephone numbers and titles were correct at the time of publication, but may since have changed. For additional assistance, journalists and analysts may contact the appropriate contacts listed at http://www.microsoft.com/emea/presscentre/contactus.mspx. If you are interested in viewing additional information on Microsoft Corp, please visit the Microsoft web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages. Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
Verizon Business Expands Ultra-Long-Haul (ULH) Network to Asia-Pacific RegionOptical Technology Complements High Capacity Networks in U.S. and Europe
BASKING RIDGE, N.J., June 3 /PRNewswire/ -- Verizon Business is expanding its ultra-long-haul (ULH) network to enhance communication services for companies doing business in the fast-growing Asia-Pacific region.
The company will deploy 155 kilometers (96.3 miles) of ULH network in Japan between Tokyo and Maruyama. The latest ULH expansion, part of Verizon Business' planned 2008 investment to advance the company's industry-leading global network capabilities, complements Verizon Business' pioneering deployments of the high-capacity optical technology in the United States and Europe.
ULH transports information (data, video, voice) over long distances more reliably and quickly because it requires fewer signal regenerators.
"Expansion of our ULH network reflects Verizon Business' commitment to meet the evolving needs of our business and government customers worldwide," said Joe Cook, vice president of global network engineering and planning for Verizon Business. "We're constantly improving on our already exceptional network reliability and speed."
The company already has deployed and activated more than 51,500 kilometers (32,000 miles) of ULH in the U.S. and plans to add 6,437 kilometers (4,000 miles) by year-end. New key routes are Seattle to Portland, Ore.; Denver to Dallas; New York City to Baltimore; St. Louis to Memphis, Tenn.; Indianapolis to Nashville, Tenn.; Atlanta to Mobile, Ala.; Buffalo, N.Y., to New York City; Portland, Ore., to Sacramento, Calif.; and Boston to New York City.
In Europe, Verizon Business completed 3,100 kilometers (1,926 miles) of ULH network in late 2007 on the core backbone network and turned up service in April of this year. Main network hubs are located in London, Amsterdam, Frankfurt, Paris and Brussels.
When completed, the ULH network will extend 80,467 kilometers (50,000 miles). ULH enhances delivery of high-bandwidth applications such as video, wireless, high-speed Internet, multimedia content distribution, real-time imaging, storage networking and Web services. With its ability to transmit signals up to 2,000 kilometers (approximately four times farther than traditional technology) without regeneration, ULH allows elimination of thousands of pieces of equipment and physical connections among network elements. This improves network performance and efficiency while also allowing quicker network restoration and provisioning.
Capable of delivering both 10 gigabits-per-second (Gbps) and 40 Gbps signals, the Verizon Business ULH system enables delivery of next-generation services such as MPLS, SONET and synchronous digital hierarchy (SDH), as well as IP. As the company deploys 40 Gbps on selected routes, customers benefit from enhanced overall performance and responsiveness on those routes.
Initially announced in 2004, Verizon Business was the first major communications service provider to deploy an extensive ULH network in the United States.
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'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon Business
CONTACT: Lynn Staggs, +1-918-590-2403, c-lynn.staggs@verizonbusiness.com; Jo Perrin + 44 770 252 5868, jo.perrin@verizonbusiness.com, both of Verizon Business
Web site: http://www.verizonbusiness.com/ http://www.verizon.com/news
DSW.com Invites Shoe Lovers in South Carolina to Unleash Their Passion OnlineCustomers Can Now Shop From More Than 2,000 Shoe Styles Available on the New E-Commerce Site
COLUMBUS, Ohio, June 3 /PRNewswire-FirstCall/ -- Shoe lovers in South Carolina have a new reason to kick up their heels. DSW Inc., one of the fastest growing specialty footwear retailers, today announced the public launch of its e-commerce site, DSW.com.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050629/CLW021LOGO )
The site enables South Carolina residents to experience what millions of DSW customers across the country have become so passionate about - a remarkable selection of the latest styles of footwear at a significant value. With sandals, pumps, flats, boots and athletic footwear in the fashion-right colors and fabrications, DSW.com features more than 2,000 styles. The site offers the hottest trends from more than 175 well-known brands and continues to add more.
While the company opened its first store in Dublin, Ohio, in 1991, it deliberately waited until now to launch its online presence.
"The DSW in-store experience, including the 'wow' factor of the assortment and the surprise of ever-changing inventory, is cherished by our customers," said Debbie Ferree, vice chairman of DSW. "It was important that we waited until we could replicate that experience as closely as possible online."
Unique Online Shopping Experience
In order to achieve an online experience that most accurately mirrors that of shopping in a DSW store, the retailer went straight to the experts - active members of its Rewards program. Inspired largely by their vision, DSW.com engages customers through its stunning, yet simple design. The shoes are shown in high-definition, with 360-degree views, including the top and bottom.
To help customers make their choices, the site provides product recommendations. In addition, it inspires conversations among shoe lovers through mini-blogs and product ratings. DSW also plans to introduce additional, interactive features to the site in the coming months.
DSW.com further extends the company's commitment to superior customer service. In addition to providing customers with 24/7 access to its remarkable selection of the latest styles, the company welcomes customers to return products purchased online at any of its 270 stores nationwide.
Join DSW Rewards and Receive Free Shipping
For a limited time, DSW Rewards members will receive free shipping on all online orders. The program, named "Best Retail Rewards Program" by Kiplinger, currently has 9 million active members. Members are the first to receive special news and the best product offers throughout the year.
"We are excited about the prospect of combining our successful and fast-growing loyalty program with our new online shopping experience," Ferree continued. "We are delighted that residents in South Carolina will now be able to engage in the DSW experience online."
As one of the nation's fastest growing specialty retailers, DSW also continues to open new stores across the country. In 2007, DSW opened 37 stores in strategic markets and plans to open at least 30 more in 2008. DSW recorded total sales of $1.4 billion in 2007.
For high resolution images and a Web demonstration of DSW.com, please click on the following links: DSW.com Home Page
( http://www.dswinc.com/images/dswcom/hi-res-screenshot_homepage.jpg ), Women's Shoes ( http://www.dswinc.com/images/dswcom/hi-res-screenshot_landing_page.jpg ) and DSW.com Demonstration ( http://www.dswinc.com/images/dswcom/prodpage.wmv ).
DSW Inc. is a leading branded footwear specialty retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear for women and men. As of May 29, 2008, DSW operated 270 stores in 37 states and operated an e-commerce site, http://www.dsw.com/. DSW also supplied footwear to 384 leased locations (36 for related retailers and 348 for non-related retailers) in the United States. For store locations and additional information about DSW, visit http://www.dswinc.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20050629/CLW021LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
DSW Inc.
CONTACT: Debbie Mitchell of DSW Inc., +1-614-872-1078, DebbieMitchell@dswinc.com
Web site: http://www.dsw.com/ http://www.dswinc.com/
Verizon Wireless Activates New Cell Site in Clermont County, Ohio
AMELIA, Ohio, June 3 /PRNewswire/ -- Verizon Wireless, the wireless company with the highest customer loyalty, has activated a new cell site in the Locust Corner area west of the village of Amelia that improves its network coverage along State Route 749 from US Route 52 to Lindale, along 10 Mile Road from State Route 749 to White Oak Road, and along Bradbury/White Oak Road from 9 Mile Road to 10 Mile Road.
With the improved network coverage, more customers can use their wireless phones to make calls; send and receive email and text, picture and video messages; download music, games and ringtones; and view high-quality videos while enjoying clearer reception and fewer dropped calls.
"Network reliability is the No. 1 reason that customers choose and stay with Verizon Wireless," said Roger Tang, president-Ohio/Pennsylvania/West Virginia Region, Verizon Wireless. "Getting through on the first try and maintaining a connection are important to our customers. We continue to optimize our network so that it remains the most reliable in the nation."
This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Ohio and throughout the country. Verizon Wireless has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. Last year, the company invested nearly $190 million in its Ohio network improvements.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Laura Merritt of Verizon Wireless, +1-614-560-2605, laura.merritt@verizonwireless.com; or Laura Deaton, +1-513-271-7222 ext. 15, ldeaton@wordsworthweb.com, for Verizon Wireless
Web site: http://www.verizonwireless.com/
New Orbitz Visa Credit Card Powered by Capital One No Hassle Rewards Offers Orbitz Travelers Triple Travel RewardsTravelers Now Earn Triple the Travel Rewards by Booking Eligible Travel on Orbitz.com
CHICAGO, June 3 /PRNewswire-FirstCall/ -- Orbitz Worldwide , a leading global online travel company, today introduced the new Orbitz Visa Credit Card powered by Capital One No Hassle Rewards, a new credit card that makes it easy for travelers to earn triple Capital One No Hassle Rewards points by booking airfare, hotel accommodations and vacation packages on Orbitz.com.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070813/AQM125LOGO)
The new Orbitz Visa Credit Card lets consumers accumulate and redeem travel rewards points quickly by offering one point per dollar spent on purchases and rich bonus options. Cardholders can choose from a variety of Capital One No Hassle Rewards options including travel on Orbitz.com, cash, gift cards and name brand merchandise without having to worry about point caps, annual fees, or foreign transaction fees.
"Our customers love to travel and tell us that they want to earn travel rewards points for doing so," said Tom Russell, Group Vice President of Brand Marketing, Orbitz Worldwide. "Our partnership with Capital One allows us to provide a straight-forward rewards credit card with outstanding earning potential and redemption options."
In addition to the triple Capital One No Hassle Rewards points customers earn by booking eligible travel on Orbitz.com, credit card users also receive the following benefits:
Points for purchasing air plus 7-night hotel package for a family of four
from Chicago to Cancun on Orbitz.com: Cost $3,000
Capital One No Hassle Rewards $3,000 x 3 points =
Points earned: 9,000 points
Booking bonus points for 2,000 points
purchasing an eligible vacation
package on Orbitz.com:
Total Capital One No Hassle 11,000 points
Rewards Points earned:
"We're proud to partner with Orbitz to provide their customers a rich credit card rewards experience," said Jim Banta, Managing Vice President of Partnerships, Capital One Financial Corporation. "Orbitz customers will earn points fast, and redeem them without hassles, which is a winning combination."
For more information or to apply for the credit card visit: orbitzvisacard.orbitz.com.
About Orbitz:
Orbitz (http://www.orbitz.com/) is a leading online travel company that enables travelers to search for and purchase a broad array of travel products, including airline tickets, hotel rooms, rental cars, cruises and vacation packages. Since launching its website http://www.orbitz.com/ to the general public in June 2001, Orbitz has become one of the largest online travel sites in the world based on gross travel bookings. On Orbitz, consumers can search more than 80,000 suppliers worldwide including airlines, hotels and car rental companies. Orbitz is a brand that is owned and operated by Orbitz Worldwide .
About Orbitz Worldwide:
Orbitz Worldwide is a leading global online travel company that uses innovative technology to enable leisure and business travelers to research, plan and book a broad range of travel products. Orbitz Worldwide owns and operates a portfolio of consumer brands that includes Orbitz (http://www.orbitz.com/), CheapTickets (http://www.cheaptickets.com/), ebookers (http://www.ebookers.com/), HotelClub (http://www.hotelclub.com/), RatesToGo (http://www.ratestogo.com/), the Away Network (http://www.away.com/) and corporate travel brand Orbitz for Business (http://www.orbitzforbusiness.com/). For more information on how your company can partner with Orbitz Worldwide, visit http://corp.orbitz.com/.
About Capital One:
Capital One Financial Corporation (http://www.capitalone.com/) is a financial holding company whose subsidiaries collectively had $87.7 billion in deposits and $148.0 billion in managed loans outstanding as of March 31, 2008. Headquartered in McLean, VA, Capital One has 745 locations in New York, New Jersey, Connecticut, Texas and Louisiana. It is a diversified bank whose principal subsidiaries, Capital One, N.A., Capital One Bank (USA), N. A., and Capital One Auto Finance, Inc., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.
Capital One's No Hassle Rewards suite of products eliminates key consumer frustrations such as blackout dates, seat restrictions, advance purchase requirements, and hidden redemption fees. There's no limit to the amount of rewards consumers can earn, and rewards never expire. Capital One cardholders also enjoy no foreign exchange fees when they travel outside the U.S.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070813/AQM125LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Orbitz Worldwide
CONTACT: Abby Hunt of Orbitz, +1-312-894-4734, abigail.hunt@orbitz.com; or Pam Girardo of Capital One, +1-703-720-2351, pam.girardo@capitalone.com
Web site: http://www.orbitz.com/
Captaris Selected for Gold Membership in Avaya DevConnect ProgramHighlights- Captaris achieves Gold membership in Avaya DevConnect program- Partnership supports delivery of compliance-tested Captaris RightFax for FoIP solutions
BELLEVUE, Wash., June 3 /PRNewswire-FirstCall/ -- Captaris, Inc., a leading provider of software products that automate document-centric processes, today announced it has been selected by Avaya Inc., a leading global provider of business communications applications, systems and services, for Gold membership in the Avaya DevConnect program.
The Avaya DevConnect program promotes development, compliance-testing and co-marketing of innovative third-party products that are compatible with standards-based Avaya solutions. Member organizations have expertise in a broad range of technologies, helping companies extend the value of multivendor networks and deliver true value to the bottom line.
Captaris specializes in document capture, recognition, routing, workflow and delivery. Captaris RightFax is the market leader in document delivery and fax software that enables companies to deliver business information from virtually any application via fax, email, print devices or over the Internet. For companies extending unified communication strategies with IP-based document delivery, RightFax for Fax over IP supports a direct connection to Voice over IP gateways or routers via the T.38 real-time Fax over IP standard. "RightFax for Fax over IP allows organizations to leverage the latest technology advancements for transmitting data with reliable and proven network-based fax management," said Paul Yantus, executive vice president of marketing and new product development for Captaris.
Companies using Avaya Intelligent Communications recognize the benefits of moving to a VoIP infrastructure. Integrating Fax over IP further leverages IP investments and can eliminate or reduce analog and ISDN lines. "Membership in Avaya's developer community will help us deliver the compliance-tested, interoperable solutions customers need to realize cost-savings," Yantus noted. "Building on Avaya's resources, we are able to provide solutions in a manner that reduces network complexity, improves security and reliability and speeds time to deployment."
The Avaya DevConnect program currently includes thousands of software and hardware developer companies, integrators, service providers and customers. As a member of the DevConnect program, companies have access to a wide range of support from Avaya, including technical resources and training. Members have created a broad array of innovative solutions tested for Avaya compliance.
"With the involvement of companies like Captaris, our Avaya developer community has become a catalyst for rapid innovation -- creating multivendor applications that help enterprises around the world unleash powerful new possibilities for operating more efficiently and effectively," said Eric Rossman, vice president, developer relations and technical alliances, Avaya. "We help businesses embed secure, reliable Intelligent Communications into the very fabric of their organization so employees and customers have ready access to information regardless of where they are and how they prefer to communicate."
Through the DevConnect program, Avaya provides a number of tools and capabilities to member companies. One example is Application Enablement Services (AES)-- a set of application programming interfaces, protocols and Web services that makes it easier for developers to create Avaya-compatible networks, devices and applications.
There are three levels of DevConnect membership -- Registered, Gold and Platinum -- each entailing progressive levels of marketing and sales involvement. Free Registered membership is available to anyone interested in designing Avaya-compatible solutions. Gold-level members and Platinum members must meet rigorous Avaya criteria for customer satisfaction, product support, business operations, marketing and sales. Captaris is a Gold member of the Avaya DevConnect program.
Membership information and a listing of solutions developed and tested under the DevConnect program are available at http://www.avaya.com/devconnect.
About Avaya
Avaya delivers Intelligent Communications solutions that help companies transform their businesses to achieve marketplace advantage. More than 1 million businesses worldwide, including more than 90 percent of the FORTUNE 500(R), use Avaya solutions for IP Telephony, Unified Communications, Contact Centers and Communications-Enabled Business Processes. Avaya Global Services provides comprehensive service and support for companies, small to large. For more information visit the Avaya Web site: http://www.avaya.com/.
About Captaris
Captaris, Inc. is a leading provider of software products that automate document-centric business processes. Captaris specializes in document capture, recognition, routing, workflow and delivery. Captaris integrated solutions provide interoperability with leading line of business applications and technology platforms. Captaris products include RightFax, Captaris Workflow, Alchemy, FaxPress, DOKuStar, RecoStar, Single Click Entry and IDStar which are distributed through a global network of leading technology partners. Captaris customers include the entire Fortune 100 and the majority of Global 2000 companies. Headquartered in Bellevue, Washington, Captaris was founded in 1982 and is publicly traded on the NASDAQ Global Market under the symbol CAPA. http://www.captaris.com/.
(C)2008 All rights reserved. No part of this publication may be reproduced, transmitted, transcribed, stored in a retrieval system, or translated into any language in any form by any means without the written permission of Captaris. The following are registered trademarks and trademarks of Captaris Inc. and its subsidiaries: Captaris, the Captaris logo, Alchemy(R), Captaris Workflow(TM), RightDocs(TM), RightFax(R), RightFlow(TM) and RightStar(TM) in the US and/or other jurisdictions. FaxPress(TM) is a registered trademark of Castelle. RecoStar, DOKuStar, DOKuStar Capture Suite, Single Click Entry, and Invoice CENTER are registered trademarks and trademarks of Captaris Document Technologies GmbH. All other brand names and trademarks are the property of their respective owners.
Captaris, Inc.
CONTACT: media, Kim LaPlante of Captaris, +1-425-455-6000, kimlaplante@captaris.com; or Lynn Newman of Avaya, +1-908-953-8692, lynnnewman@Avaya.com
Web site: http://www.captaris.com/ http://www.avaya.com/ http://www.avaya.com/devconnect
Sunplus Selects Sonic CinePlayer BD Navigator for its Blu-ray SoC
NOVATO, Calif., June 3 /PRNewswire-FirstCall/ -- Sonic Solutions(R) , the leader in digital media software, today announced an agreement to license the Sonic(R) CinePlayer(R) BD Navigator software to Sunplus Technology Co., Ltd., one of the world's premier consumer electronics IC designers. Already a leading vendor of chips for the DVD player market, Sunplus is integrating Sonic's HDMV and BD-J technology to enable interactive playback and navigation in its new System-On-a-Chip (SoC) solutions aimed at the burgeoning Blu-ray Disc player market.
"Sonic's proven technology was a natural choice as Sunplus looked to develop new chip solutions for the high-definition video playback market," said Ho-Jung Ou, General Manager of the Home Entertainment Business Unit, Sunplus. "CinePlayer is not only reliable, but also easy to integrate into our Blu-ray IC solutions, which speeds our time to market."
Backed by Sonic's Hollywood-proven playback compatibility and quality, the CinePlayer BD Navigator SDK provides application developers a trouble-free way to add rich, Blu-ray Disc playback to their video applications and entertainment systems. CinePlayer-enabled products comply fully with the BD specification to offer exceptional high-definition audio, video, and interactive component playback.
"With broad expertise in interactive high-definition video and years of experience developing software for consumer electronics devices, Sonic is the ideal choice for companies entering the high-definition player market," said Jim Taylor, chief technologist and general manager of Sonic's Advanced Technology Group. "We are proud to be working with Sunplus, a respected leader in CE devices. As our agreement affirms, CinePlayer BD represents a compelling solution for consumer electronics component and device manufacturers wishing to compete successfully in the BD market."
A new report from Strategy Analytics, an international research and consulting firm, forecasts nearly 30 million BD-enabled households worldwide by the end of 2008 -- a number they expect to quadruple by 2012. The report also predicts shipments of 19 million BD-enabled playback devices this year. Although the group expects the majority of these units to be game consoles, they expect stand-alone BD players to become the dominant segment in 2009.
Created by Sonic's Advanced Technology Group, CinePlayer BD Navigator is part of the company's expanding portfolio of technologies that are licensed to enable CD, DVD, and Blu-ray Disc playback, recording, and authoring. Sonic's technologies are licensed by leading firms such as Adobe, Broadcom, Microsoft, Scientific Atlanta, Sony, and ST Micro, and used to enable digital media experiences in a wide variety of markets including consumer electronics, PCs, kiosks, automotive entertainment systems, and music download services. For more information on Sonic's technologies for application developers, visit: (http://www.sonic.com/products/Developer/AuthorScript/DVD.aspx).
About Sonic Solutions
Sonic Solutions (Nasdaq: SNIC; http://www.sonic.com/) enables the creation, management, and enjoyment of digital media content through its Hollywood to Home(TM) products, services, and technologies. Sonic's products range from the advanced authoring systems used to produce Hollywood DVD and Blu-ray Disc titles to the award-winning Roxio-branded photo, video, music, and digital-media management applications. Sonic's patented technologies and AuthorScript(R) media engine are relied upon by leading technology firms to define rich media experiences on a wide array of consumer electronics, mobile devices, set-top players, retail kiosks, and PCs. Always an innovator, Sonic has taken a leading role in helping professional and consumer markets make the successful transition to the new high-definition media formats and, through the Qflix(TM) platform, Sonic is defining new models for the digital distribution of Hollywood entertainment. Sonic Solutions is headquartered in Marin County, California.
About Sunplus
Sunplus Group, headed by Sunplus Technology Company Limited established in 1990, is devoted in IC design for electrical consumer applications. Sunplus offers not only IC design but also system solutions to maximize customer's benefits by differentiating each design. Sunplus' reusable IPs such as audio/video, microprocessor and digital signal processor technologies are applied to numerous IC solutions for multimedia home applications and ASICs that contributed to our quality life. Due to the expansion of business scope, Sunplus split its BUs into several fabless IC design companies in 2006. The LCD IC business was spun-off into Orise Technology Co., Ltd.; the Controller & Peripheral BU was transferred into Sunplus Innovation Technology Inc.; the Personal Entertainment BU and Advanced BU were spun-off into Sunplus mMobile Inc. The parent company, Sunplus Technology, keeps working on Home Entertainment IC solutions such as VCD/DVD, DVR, DVB, LCD TV and DTV. For more information, please visit the Sunplus website: http://www.sunplus.com/.
Forward Looking Statements
This press release may contain forward-looking statements that are based upon current expectations, including the distribution and market acceptance of CinePlayer. Actual results could differ materially from those projected in the forward-looking statements as a result of various risks and uncertainties, including those discussed in the Company's annual and quarterly reports on file with the Securities and Exchange Commission. This press release should be read in conjunction with the Company's most recent annual report on Form 10-K, Form 10-Q and other reports on file with the Securities and Exchange Commission, which contain a more detailed discussion of the Company's business including risks and uncertainties that may affect future results. The Company does not undertake to update any forward-looking statements.
Sonic, the Sonic logo, Sonic Solutions, AuthorScript, Hollywood to Home, Qflix, CinePlayer, and Roxio are trademarks or registered trademarks of Sonic Solutions in the United States and/or other countries. All other company or product names are trademarks of their respective owners and, in some cases, are used under license.
Sonic Solutions
CONTACT: Chris Taylor of Sonic Solutions, +1-408-367-5231, chris_taylor@sonic.com
Web site: http://www.sonic.com/ http://www.sunplus.com/
comScore Releases April 2008 U.K. Search Rankings
LONDON, June 3 /PRNewswire/ --
- qSearch 2.0 Measurement Service Expands to Include Local U.K. Search
Properties
- Social Networking Sites Gain Stature in U.K. Search Market
comScore, Inc. (Nasdaq: SCOR), a leader in measuring the digital world,
today released its first report on the U.K. search market from the enhanced
comScore qSearch 2.0 online search measurement tool. The service, which was
first launched in the U.K. in September 2007, has been updated to include
several local market properties where search activity occurs, such as
Rightmove Sites and Bebo.com.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)
Top 10 U.K. Search Properties
In April, Google Sites continued its reign as the leading search property
in the U.K. with 74.2 percent of all searches. eBay ranked second with 6
percent, followed by Yahoo! Sites (4.3 percent) and Microsoft Sites (3.4
percent).
Two U.K. properties, Rightmove Sites (0.8 percent share) and Bebo.com
(0.7 percent share), ranked amongst the top 10. Popular social networking
property, Facebook.com, claimed a 1.8-percent market share in April.
comScore qSearch 2.0 U.K. Share of Search Report*
April 2008 vs. March 2008
Total U.K., Age 15+ - Home & Work Locations**
Source: comScore qSearch 2.0
Property Feb-08 Mar-08 Pt Change
Total Internet 100.0 100.0 0.0
Google Sites 74.4 74.2 -0.2
eBay 5.7 6.0 0.3
Yahoo! Sites 4.4 4.3 -0.1
Microsoft Sites 3.5 3.4 -0.1
Ask Network 2.7 2.7 0.0
Facebook.com 1.7 1.8 0.1
AOL LLC 1.6 1.6 0.0
Rightmove Sites 0.8 0.8 0.0
Bebo.com 0.7 0.7 0.0
Amazon Sites 0.7 0.7 0.0
** Excludes searches from public computers such as Internet cafes or
access from mobile phones or PDAs.
Other notable findings from April 2008 include:
-- There were 4.1 billion searches conducted in the U.K., more than in
any other European country
-- 31.2 million U.K. Internet users made at least one search during the
month
-- U.K. searchers conducted an average of 130 searches per searcher
during the month, or more than 4 searches per day.
About comScore
comScore, Inc. (Nasdaq: SCOR) is a global leader in measuring the digital
world. For more information, please visit www.comscore.com/boilerplate
Web site: http://www.comscore.com
comScore, Inc.
Jamie Gavin of comScore, Inc., +44-(0)-207-099-1775, worldpress@comscore.com ; Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
23 millions internautes ont visionne plus de 2 milliards de videos sur internet en France en janvier 2008
LONDRES, June 3 /PRNewswire/ --
- 23 millions de personnes ont regarde plus de 2 milliards de videos en
ligne en France au cours du mois de janvier 2008
- Avec YouTube largement en tête, les sites Google représentent
- 29 % du marché de la vidéo en ligne
comScore, Inc. (NASDAQ: SCOR), un des leaders mondiaux dans le domaine de
la mesure d'Internet publie aujourd'hui les données de son service comScore
Video Metrix, indiquant que 23,2 millions d'Internautes français ont regardé
2,1 milliards de vidéos en ligne au cours du mois de Janvier 2008. comScore
Video Metrix, le premier service de ce genre à avoir été lancé sur le marché
américain il y a plus de deux ans, est devenu le service principal dans le
domaine de la mesure de la vidéo en ligne et reste le seul service de ce
type en France.
Le site vidéo français Dailymotion.com second derrière les sites Google
Les sites Google, menés par la popularité de YouTube.com (qui a
représenté 95 % de toutes les vidéos regardées sur ces sites en Janvier), ont
représenté 28,8 % de toutes les vidéos en ligne visionnées en France. Malgré
cette position de leader parmi les sites de vidéo en France, c'est dans ce
pays que les sites Google enregistrent leur plus basse part de marché parmi
les quatre autres pays dans lesquels comScore Video Metrix existe : Ils ont
représenté 47,9 % de parts de marché au Canada, 41,6 % en Allemagne, 45 % au
Royaume-Uni et 33,4 % aux U.S.A.
Le site de partage de vidéos français Dailymotion.com, s'est classé en
deuxième position avec 16,8 % de vidéos regardées, suivi par deux autres
sites français : Les sites du Groupe TF1 (1,9 % de parts) et les sites
Iliad/free.fr (0,7 % de parts).
Classement des sites de vidéo en ligne en France en termes de videos
visionnées
Janvier 2008
Total France - Internautes âgés de 15 ans et +, Domicile et Travail**
Source : comScore Video Metrix
Sites Vidéos (000) Part (%) du total
des vidéos
Total internet 2.090.201 100,0
Sites Google 602.032 28,8
Dailymotion.com 350.720 16.8
Groupe TF1 40.742 1,9
Sites Iliad/Free.fr 14.070 0,7
Kewego 13.466 0,6
Sites Yahoo! 11.643 0,6
Sites AlloCiné 11.531 0,6
VEOH.COM 10.895 0,5
Sites Microsoft 10.830 0,5
Stage6 par DivX 10.739 0,5
*Classements basés sur des sites à contenu vidéo ; hors réseaux de
serveurs vidéo. La vidéo en ligne inclut à la fois le streaming et la
vidéo à téléchargement progressif.
** Les vidéos visionnées depuis des ordinateurs publics comme dans les
cybercafés ou à partir de téléphones portables ou d'assistants
numériques personnels ne sont pas incluses.
Les Internautes Français ont regardé 90 vidéos par personne en Janvier
23,2 millions d'Internautes Français ont regardé une moyenne de 89,9
vidéos par personne en Janvier. Les sites Google ont attiré le plus de
spectateurs (12,2 millions), avec une moyenne de 49,4 vidéos par personne,
suivis de près par Dailymotion.com, qui a attiré 10 millions de spectateurs
ayant regardé une moyenne de 34,9 vidéos par personne. Le Groupe TF1 a attiré
le troisième plus gros groupe de spectateurs (4,2 millions), suivi par les
Sites Microsoft (également avec 4,2 millions) et les Sites AlloCiné (2,3
millions)
Classement des sites de vidéo en ligne en France en termes de nombre de
spectateurs uniques
Janvier 2008
Total France - Internautes âgés de 15 ans et +, Domicile et Travail**
Source : comScore Video Metrix
Sites Total des spectateurs Nombre moyen
uniques (000) de vidéos par spectateur
Total Internet 23,243 89.9
sites Google 12,181 49.4
Dailymotion.com 10,041 34.9
Groupe TF1 4,231 9.6
Sites Microsoft 4,176 2.6
Sites AlloCiné 2,275 5.1
Kewego 2,093 6.4
Sites Iliad/Free.fr 2,074 6.8
AOL LLC 1,619 5.9
Fox Interactive Media 1,514 3.0
Sites Orange 1,439 4.6
*Classements basés sur des sites à contenu vidéo ; hors réseaux de
serveurs vidéos. La vidéo en ligne inclut à la fois le streaming et la
video à téléchargement progressif.
** Les vidéos visionnées depuis des ordinateurs publics comme dans les
cybercafés ou à partir de téléphones portables ou d'assistants
numériques personnels ne sont pas incluses.
On a pu constater en janvier 2008 les faits suivants :
- 79,5 % du total des internautes français a regardé des vidéos
en ligne.
- Les spectateurs de vidéo en ligne français ont regardé tout
confondu un total de 140 millions d'heures de contenu vidéo.
- Les spectateurs français ont regardé un total de 28 millions
d'heures de vidéo en ligne sur Dailymotion.com, ce qui est plus que sur
tout autre site.
- 11,8 millions de spectateurs ont regardé 571 millions de vidéos
sur YouTube.com (48,4 vidéos par spectateur).
- La durée moyenne des vidéos en ligne était de 4 minutes.
Au sujet de comScore
comScore, Inc. (NASDAQ: SCOR) est un des leaders mondiaux dans le domaine de
la mesure d'Internet. Pour plus d'informations, veuillez visiter
www.comscore.com/boilerplate
Site web: http://www.comscore.com
comScore, Inc.
Jamie Gavin de comScore, Inc., +44-(0)-207-099-1775, worldpress@comscore.com ; Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
Azerbaijan's Bakcell Selects Amdocs for Convergent Charging & Service DeliveryAmdocs Compact Convergence Suite Selected as Platform for Prepaid and Postpaid Customers
ST. LOUIS and BAKU, Azerbaijan, June 3 /PRNewswire-FirstCall/ -- Amdocs , the leading provider of customer experience systems, today announced that Bakcell, Ltd., the pioneer mobile service provider in Azerbaijan with more than 1 million subscribers, has selected Amdocs Compact Convergence suite to support its continued growth. Bakcell will use Amdocs' unified convergent charging platform as well as its service delivery and value-added-services system to support prepaid and postpaid voice, Short Message Service (SMS) and data services.
Bakcell's deployment of the Amdocs Compact Convergence suite, a full network-connected service enablement platform designed for high-growth markets, allows Bakcell to quickly and cost-effectively launch special rate plans, promotions and many value-added services, such as ringback tones and missed call notification. Using the Amdocs solution, Bakcell will be able to charge customers for services via any payment method and in real-time. Bakcell will also use Amdocs to implement a disaster data recovery system to back up its customer information.
"Using Amdocs Compact Convergence, we will be able to dramatically reduce our time to market for new services, and enjoy the operational flexibility and agility we need to continue our rapid growth in the Azeri market," said Martin Quirke, chief executive officer of Bakcell. "The Amdocs solution will enable us to provide our customers a much broader service offering, more pricing options, and an enhanced and personalized customer experience."
About Amdocs Customer Experience Systems (CES)
Amdocs CES, introduced in January 2008, is an integrated portfolio that delivers the operating environment service providers need to transform from providers of utility voice, data and video services into purveyors of the digital lifestyle. Amdocs CES allows providers to deliver an optimal customer experience-personalized, participatory and timely across any service, location and device. The Amdocs CES portfolio leverages Amdocs business process best practices based on real-world scenarios, and transcends traditional business support systems (BSS), operations support systems (OSS) and service delivery platforms (SDPs) to enable service providers to address both current and emerging customer experience business processes. Amdocs' unique business model focuses on enabling its customers to create differentiation and build brand, loyalty, profitability and competitive leadership.
About Amdocs
Amdocs is the market leader in customer experience systems innovation, enabling world-leading service providers to deliver an integrated, innovative and intentional customer experience(TM) at every point of service. Amdocs provides solutions that deliver customer experience excellence, combining the software, service and expertise to help its customers execute their strategies and achieve service, operational and financial excellence. A global company with revenue of $2.84 billion in fiscal 2007, Amdocs has more than 17,000 employees and serves customers in more than 50 countries around the world. For more information, visit Amdocs at http://www.amdocs.com/.
About Bakcell
Bakcell Limited is a leading GSM and WiMAX operator providing services throughout the republic of Azerbaijan. Bakcell is currently experiencing a period of rapid growth following recent network investments and expansion in its network coverage and capacity. Bakcell is committed to providing the best nationwide coverage in Azerbaijan and become the country's mobile operator of choice. Bakcell was originally formed in 1994 as a joint venture between GTIB and the Ministry of Communication of the Azerbaijan Republic and provided analogue (ETACS) service until the introduction of GSM service in 2000. Following the completion of the company's privatization process in December 2003, Bakcell is 100% under private ownership.
Amdocs Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business segments it serves, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future, however the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2007, filed on December 3, 2007, and in our quarterly 6-K furnished on February 11 and May 6, 2008.
Amdocs
CONTACT: Garland Harwood of Weber Shandwick for Amdocs, +1-212-445-8373, gharwood@webershandwick.com
Web site: http://www.amdocs.com/
The Popcorn Factory(R) to Launch Personalized Photo Greeting Cans(R)'Eye-Popping Popcorn -- Not Just any Ordinary Gourmet Can'
LAKE FOREST, Ill., June 3 /PRNewswire-FirstCall/ -- The Popcorn Factory, subsidiary of 1-800-FLOWERS.COM, Inc. , today announced the launch of their personalized photo Greeting Cans(R)! New, exclusive and one- of-a-kind, these photo Greeting Cans(R) make a great gift for Father's Day. Just upload your photo on http://www.thepopcornfactory.com/ and include your special Father's Day message for the perfect personalized snack for Dad!
"A picture is worth a thousand words," says Cheryl Zatz, Vice President, Marketing, The Popcorn Factory. "We are thrilled to provide our customers with this exclusive unique offering, as it adds a special touch to such a perfect and delicious gift."
Choosing from appetizing flavors in 3-way variety tins (butter, cheese and caramel) and 4-way variety tins (butter, cheese, caramel and white cheddar), this Father's Day, consumers can give Dad something special to talk about over the savory taste of these one-of-a-kind gifts from The Popcorn Factory. In addition, consumers can choose from an array of packages ranging from $19.99- $59.99.
For more information about The Popcorn Factory or their exclusive personalized Greeting Cans(R), please visit http://www.thepopcornfactory.com/.
About The Popcorn Factory
The Popcorn Factory(R), subsidiary of 1-800-FLOWERS.COM, Inc. , has been delighting people with fun gifts for all occasions for nearly 30 years. Whether you are shopping for family, friends or business associates, The Popcorn Factory(R) has gifts to express every sentiment, and the quality of your selection is always guaranteed. The Popcorn Factory specializes in fresh popped popcorn in exclusively designed tins. Only high quality ingredients are used, including 100% corn oil, real butter, genuine cheddar cheese and a special private recipe of caramel corn. The Popcorn Factory still continues to sell all their unique gifts on The Popcorn Factory website, http://www.thepopcornfactory.com/ , as well as through their catalogs.
About 1-800-FLOWERS.COM, Inc.
1-800-FLOWERS.COM, Inc. is the world's leading florist and a provider of specialty gifts for all occasions. For more than 30 years, 1-800-FLOWERS.COM, Inc. has been providing customers with fresh flowers and the finest selection of plants, gift baskets, gourmet foods, confections and plush stuffed animals perfect for every occasion. 1-800-FLOWERS(R) (1-800-356-9377 or http://www.1800flowers.com/), named one of the top 50 online retailers by Internet Retailer and the recipient of ICMI's 2006 Global Call Center of the Year Award, offers the best of both worlds: exquisite, florist-designed arrangements individually created by some of the nation's top floral artists and hand-delivered the same day, and spectacular flowers shipped overnight from our "Fresh From Our Growers(R)" collection. As always, 100% satisfaction and freshness are guaranteed.
The 1-800-FLOWERS.COM, Inc. collection of brands also includes Gourmet Gifts such as popcorn and specialty treats from The Popcorn Factory(R) (1-800- 541-2676 or http://www.thepopcornfactory.com/); exceptional cookies and baked gifts from Cheryl&Co.(R) (1-800-443-8124 or http://www.cherylandco.com/); premium chocolates and confections from Fannie May(R) confections brands (http://www.fanniemay.com/ and http://www.harrylondon.com/); gourmet foods from Greatfood.com(R) (http://www.greatfood.com/); wine gifts from Ambrosia(R) (http://www.ambrosia.com/); gift baskets from 1-800- BASKETS.COM(R) (http://www.1800baskets.com/) as well as Home Décor from Plow & Hearth(R) (1-800-627-1712 or http://www.plowandhearth.com/), Problem Solvers(R) (http://www.problemsolvers.com/), Wind & Weather(R) (http://www.windandweather.com/), and Children's Gifts from HearthSong(R) (http://www.hearthsong.com/) and Magic Cabin(R) (http://www.magiccabin.com/); and the BloomNet(R) international floral wire service, which provides quality products and diverse services to a select network of florists. 1-800-FLOWERS.COM, Inc. stock is traded on the NASDAQ Global Select Market under ticker symbol FLWS.
1-800-FLOWERS.COM, Inc.
CONTACT: Erin Maestas, +1-516-237-4867, for 1-800-FLOWERS.COM, Inc.
Web site: http://www.1800flowers.com/ http://www.thepopcornfactory.com/
Universal Capital Management, Inc. and SIVOO Inc. Sign New Management Agreement
WILMINGTON, Del., June 3 /PRNewswire-FirstCall/ -- Universal Capital Management, Inc., (BULLETIN BOARD: UCMT) , a publicly traded venture capital company that provides emerging growth companies with management and strategic resources for successful growth, is pleased to announce that it has signed a new management agreement with its portfolio company SIVOO, Inc., to provide investor relations and management services to SIVOO.
The agreement provides, among other things, that UCM will provide SIVOO with services related to SIVOO's Form 10 registration statement that SIVOO expects to file with the SEC in the near future. Upon the SEC's final review of this filing, SIVOO will be eligible to apply for trading on the Over-the-counter Bulletin Board as a fully reporting company. "SIVOO is one of Universal's largest portfolio company holdings," said Universal's president and CEO Michael D. Queen, "and we believe that facilitating SIVOO's move the Bulletin Board as a fully reporting company is the single most valuable contribution we can make to their long-term success at this time."
Chris Myers, SIVOO's president and COO added that, "This new agreement with Universal allows our management to focus more on operations and sales at a time when we are within striking distance of break-even, which we believe will ultimately add value for SIVOO and our shareholders."
About SIVOO Inc.: Founded in 2000, SIVOO, Inc. has created CEDR, an end-to-end solution to encode, distribute, and monetize video across distribution channels including Internet, mobile, IPTV, and RSS syndication. With SIVOO, video assets are easily and automatically managed and distributed to Internet sites like YouTube and MetaCafe, mobile platforms like Verizon V-Cast, cable outlets like Charter Communications broadband, IPTV providers like Verizon FIOS TV and Verismo, and iTunes Podcasts and blogs. For more information, please visit http://www.sivoo.com/ .
About Universal Capital Management, Inc.: Universal Capital Management, Inc. is a publicly traded Business Development Company created under the Investment Act of 1940. Its purpose is to assist its portfolio companies with funding and management to facilitate growth and increase their value. Please refer to the company's website at http://www.unicapman.com/ .
Forward-looking Statements:
Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as Universal Capital Management, Inc., or SIVOO, Inc. "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe UCM's or SIVOO's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of UCM or SIVOO as appropriate, and the valuation of UCM's investment portfolio, which could cause actual results to differ materially from those currently anticipated. Although UCM and SIVOO believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, they cannot give any assurance that their expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements, and some of these factors are discussed herein. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and both UCM and SIVOO do not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Web site: http://www.unicapman.com/
Universal Capital Management, Inc.
CONTACT: Mr. Michael Queen of Universal Capital Management, +1-302-998-8824, michael.queen@unicapman.com
Web site: http://www.unicapman.com/ http://www.sivoo.com/
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