Companies news of 2008-06-12 (page 4)
PhotoWorks and American Greetings Celebrate Weddings Month with New Bridal Suite of Photo...
SVB Analytics' eProsper Unit Simplifies Corporate Equity Management
SAIC Awarded $42 Million Contract From Defense Advanced Research Projects AgencyCompany to...
QSGI Announces Data Security & Compliance Contract With Major Data Processing...
Environmental Tectonics Corporation's Biomedical Division Announces Monoplace Chamber...
Xilinx at Bits & Chips Hardware Conference 2008What: Bits & Chips Hardware Conference...
RiT Technologies Announces Changes in its Principal Shareholders and ManagementMr. Sergey...
Leading Hospitality Group Selects IP Video Solution from CIEFFE, a March Networks Company,...
Telanetix Announces Stream Computing Joint Technology Agreement With AMDNew jointly...
Micrel Makes Maximum Strides In New Ethernet Solutions By Minimizing Size, Security Risks,...
Concur Sponsors Webinar on Driving Superior T&E Expense Management Performance on Tuesday,...
Pharsight to Present on Its Vision for Modeling and Simulation Software at PAGE Annual...
Micrel Makes Maximum Strides In New Ethernet Solutions By Minimizing Size, Security Risks,...
Latest Grilling Craze Offers a Fun and Unique Twist That Won't Leave Dad...
Verizon Wireless Activates New Cell Site in Adams County, Ohio
Performance Technologies Expands Customer base in Europe with Elephant Talk
First Year of AT&T U-verse TV in Michigan Delivers Choice, Jobs and InvestmentNew TV...
Expedia, Inc. Announces Private Offering of Senior Unsecured Notes
China Mobile Limited 2007 Annual Report on Form 20-F Filed with the SEC
Arrow China Named Most Preferred International Distributor by Electronics Supply &...
Microsoft Declares Quarterly DividendDividend of $0.11 per share payable in September
PhotoWorks and American Greetings Celebrate Weddings Month with New Bridal Suite of Photo Products, and Exclusive Line of Photo JewelryPersonal Photos Add a Special Touch to Engagement Announcements, Wedding Invitations, Guest Books, Bridal Party Gifts and More
CLEVELAND, June 12 /PRNewswire/ -- PhotoWorks ( http://www.photoworks.com/ ), American Greetings online personal photo publishing company and photography community, today unveiled a complete collection of coordinating bridal essentials -- ranging from engagement announcements and wedding invitations, to wedding planners and thank you gifts.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080423/CLW056LOGO )
(Photo: http://www.newscom.com/cgi-bin/prnh/20080612/CLTH020 )
Also making its debut in June is PhotoWorks exclusive new line of photo jewelry, which any mother-of-the-bride or bridesmaid will cherish.
For today's bride and groom who want to create the perfect wedding -- but not break the bank -- PhotoWorks.com offers a simple, yet professional-quality solution to a variety of wedding essentials. This elegant bridal suite features a new Damask-style design, heartfelt expressions crafted by American Greetings and can be photo personalized for a meaningful touch. The collection includes:
Invitation Suites
-- Damask Engagement Announcement (Under $2) - Personalize this
announcement with your photo, monogram initials, names, date and
message. Envelopes included.
-- Damask Wedding Save-the-Date (Under $1) - Personalize this postcard
with your photo, monogram initials, date, place and a brief custom
message for your big day. Envelope not included; simply place your
stamp on this postcard and drop it in the mail.
-- Damask Wedding Invitation (Under $3) - Personalize this classic
invitation with your photo, monogram initials, and all the details for
your big event. Envelopes included.
-- Damask Wedding RSVP (Under $1) - Personalize this with your photo,
monogram initials, RSVP date and return address. Envelope not included.
-- Damask Wedding Thank You [set of 12] (Under $2) - Personalize with your
names, monogrammed initials and a photo from your wedding or honeymoon.
There's plenty of room for your handwritten message to show your
appreciation for gifts and for sharing your special day. Envelopes
included.
Planning Essentials
-- Wedding Planner ($16.95) - Select from multiple cover options for this
photo personalized planner to keep track of all the details for your
big event.
-- Damask Guest Book ($39.95) - Includes 20 pages so you'll have plenty of
room for signatures and special messages from friends and family.
Commemorating and Gifting
-- Damask Wedding Memories photo book ($39.95) - The perfect way to
remember and celebrate your special day. Customize up to 80 pages with
text and photos; numerous page layouts available.
-- Damask Wedding Wine box ($29.95) - A timeless keepsake for wedding or
anniversaries, this maple wooden box hold up to a 750ml bottle of your
choice.
-- Damask Keepsake Box ($29.95) - Lined with a soft felt, this is the
perfect place to store and protect your treasured wedding keepsakes and
memories.
Anniversaries
-- Silver Anniversary Photo Book ($29.95) - This hardcover treasure
features a die-cut window with your photo peeking out. Several page
designs available to give yours that special touch.
-- Gold Anniversary Photo Book ($29.95) - Celebrate your years together
with this hardcover photo book featuring a die-cut window with your
photo peeking out. Several page designs available to give yours that
special touch.
Jewelry
-- Charm Bracelet ($59.95) - A classic sterling silver bracelet with a
sterling silver dime-sized square or circle photo charm. Add
additional photo charms (each $29.95) with pictures of your closest
girlfriends to create the perfect gift for your bridesmaids; packaged
in a beautiful gift box.
-- Sterling Silver Cluster Necklace ($79.95) - For the mother of the
bride, an elegant sterling silver oval is the perfect frame for your
favorite photo. This lovely necklace includes two small pearls and a
heart which dangles as an accent; packaged in an elegant gift box.
-- Pearl Accent Earrings ($29.95) - These silver and pearl accent earrings
are a lovely compliment to the coordinating Sterling Silver Cluster
Necklace.
In addition to the new Damask suite, PhotoWorks also features The Knot Boutique, a collection of coordinating engagement announcements, wedding invitations, RSVPs, event programs and thank you cards exclusively designed by The Knot. The Knot Boutique can be accessed under the "Cards" tab/Weddings on the PhotoWorks Web site.
PhotoWorks' Bridal photo books and gifts can be purchased online at http://www.photoworks.com/ beginning June 12th; select items are available at more than 200 American Greetings and Carlton Cards stores nationwide beginning June 30th.
About AG Interactive
AG Interactive (AGI), a subsidiary of American Greetings Corporation , is a global leader in licensing and creating original self and social expression products for online, instant messaging and mobile platforms. To create its premier content, the company leverages one of the world's largest creative studios and digital library of award-winning expressive content as well as an extensive international distribution capability. AGI attracts more than 40 million unique visitors per month in 18 countries to its popular websites http://www.americangreetings.com/ , http://www.bluemountain.com/ , http://www.egreetings.com/ , http://www.photoworks.com/ and http://www.webshots.com/ , as well as through Instant Messaging or online partnerships with AOL, MSN, and Yahoo!. The company has one of the largest online subscription services with over 3.7 million paying subscribers. For more information, visit http://www.aginteractive.com/ .
About PhotoWorks
PhotoWorks(R), an American Greetings company, is an Internet-based personal publishing company and photography community. The company's web-based services allow PC and Mac users to share and store their digital photos, host personalized My Share Web pages, sell one-of-a-kind products through My Storefront, join photo communities, and create hardbound photo books, customized greeting cards, calendars, prints and other photography-sourced products. Formerly known as Seattle Film Works, PhotoWorks has a 30-year national heritage of helping photographers share and preserve their memories with innovative and inspiring products and services. More information on the Company is available at http://www.photoworks.com/ .
About American Greetings Corporation
American Greetings Corporation is one of the world's largest manufacturers of social expression products. Along with greeting cards, its product lines include gift wrap, party goods, stationery, calendars, ornaments and electronic greetings. Located in Cleveland, Ohio, American Greetings generates annual revenue of approximately $1.7 billion. For more information on the Company, visit http://corporate.americangreetings.com/ .
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080423/CLW056LOGO http://www.newscom.com/cgi-bin/prnh/20080612/CLTH020 AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
American Greetings Corporation
CONTACT: Genesa Garbarino, Maloney & Fox, +1-646-356-8313, ggarbarino@maloneyfox.com, for American Greetings Corporation
Web site: http://www.photoworks.com/ http://www.aginteractive.com/ http://corporate.americangreetings.com/
SVB Analytics' eProsper Unit Simplifies Corporate Equity Management
SAN FRANCISCO, DENVER and BOSTON, June 12 /PRNewswire/ -- SVB Analytics' unit eProsper, a leading provider of corporate equity management solutions, announced improvements to its equity management software product, CapMx, today. As one of the most widely used equity management solutions on the market, CapMx helps private companies, their investors and their law firms easily track and analyze corporate securities while meeting complicated reporting and compliance requirements. eProsper is majority owned by SVB Analytics, which also provides fair market company valuations for private, venture capital-backed companies.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071221/AQF085LOGO)
"We acquired eProsper, a market leader, in August 2006 to help our clients simplify the management of their equity ownership information," said Jim Anderson, president of SVB Analytics, a part of SVB Financial Group. "We understand the regulatory pressures on CFOs and make CapMx available to help ensure compliance with difficult standards. Since our acquisition of eProsper the number of companies on the system has more than doubled."
More than 1,400 private, venture-backed companies benefit from CapMx with corporate equity management, reporting and FAS 123R accounting in one software package. It streamlines record keeping and reporting of corporate equity and capitalization, helping satisfy complex regulatory requirements for corporate finance departments.
The latest release of CapMx enhances a company's ability to calculate share-based compensation expenses, in compliance with FAS 123R, which is a rule set by the Financial Accounting Standard Board (FASB) that requires companies to report the fair value of common stock options and share-based payments on their income statements.
The upgrades to CapMx allow for the electronic delivery of option information to option holders and improve upon its best in class reporting and auditing capabilities. The new release has been reviewed and accepted as accurate by major accounting firms that focus on venture-backed emerging growth companies. The new CapMx product release is available immediately to eProsper's private company clients and more detailed product information can be found at http://www.eprosper.com/.
About eProsper and SVB Analytics
eProsper is majority owned by SVB Analytics, an SVB Financial Group company. eProsper provides on-demand corporate equity administration, analytics and capitalization management software to private, venture-funded companies through its industry-leading, Web-based software, CapMx. SVB Analytics services also include fair market company valuations for private, venture capital-backed companies and venture capital firms. More information can be found at http://www.svb.com/svbanalytics.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071221/AQF085LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
SVB Analytics
CONTACT: Carrie Merritt of SVB Financial Group, +1-503-574-3705, cmerritt@svb.com
Web site: http://www.svb.com/svbanalytics http://www.eprosper.com/
SAIC Awarded $42 Million Contract From Defense Advanced Research Projects AgencyCompany to Support Deep Green Program
SAN DIEGO and MCLEAN, Va., June 12 /PRNewswire-FirstCall/ -- Science Applications International Corporation announced today that it has been awarded a prime contract by the Defense Advanced Research Projects Agency (DARPA) to support the agency's Deep Green Program. This multiple-award contract has a one-year base period of performance, two one-year options, and a contract value of more than $42 million if all options are exercised. Work will be performed primarily in Orlando, Fla.
The Deep Green program seeks to develop a synergistic human/machine system to help military officers and their staffs quickly make command decisions and generate multiple options on the battlefield. The goal is to enable commanders with the ability to foresee the outcomes of plans through simulation, providing the ability to adjust those plans as required. Under the contract, the SAIC team will design, develop, and integrate the system, including establishing warfighter computer interfaces, creating a common futures graph, and building a synthetic battlespace engine that will understand inputs and employ reason to predict multiple battlefield outcomes.
"The Deep Green program will significantly advance military planning technology to support the capabilities of the commander on the battlefield," said Beverly Seay, SAIC senior vice president and business unit general manager. "We are proud to leverage our expertise in the areas of modeling and simulation, software development, and systems integration to advance this cutting-edge program. We look forward to creating an intuitive system that will help commanders visualize the future and act effectively to save warfighters' lives."
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, McLean Laura Luke, McLean
(703) 676-6762 (703) 676-6533
Melissa.l.koskovich@saic.com laura.luke@saic.com
SAIC
CONTACT: Melissa Koskovich, McLean, +1-703-676-6762, melissa.l.koskovich@saic.com, or Laura Luke, McLean, +1-703-676-6533, laura.luke@saic.com
Web site: http://www.saic.com/
QSGI Announces Data Security & Compliance Contract With Major Data Processing CompanyAwarded First Onsite Data Erasure Contract through Pilot Program with IBM
HIGHTSTOWN, N.J., PALM BEACH, Fla., June 12 /PRNewswire-FirstCall/ -- QSGI Inc. (BULLETIN BOARD: QSGI) a leading provider of information technology services to help corporations better manage hardware assets, maintenance expenses, and ensure best practices for data security and regulatory compliance, today announced it has entered an agreement to provide its onsite data security and compliance services for a major data processing company. The agreement is the result of the recently announced pilot program with IBM.
Marc Sherman, chairman and CEO, stated, "We are pleased to have been selected by this major data processing company to provide our full suite of data erasure, auditing and remarketing services. This is the first major contract resulting from our pilot program with IBM. Based upon our experience to date, having IBM as a reseller of our onsite data security and compliance services dramatically shortens our sales cycle from what otherwise may have easily taken over six months, to closing this account in less than sixty days."
About QSGI
QSGI provides a full suite of information technology solutions to help corporations and governmental agencies better manage hardware assets, reduce maintenance expenses, build best practices for data security and assure regulatory compliance. With a focus on the entire range of IT platforms - from the PC to the mainframe, the services offered by QSGI are specifically designed to reduce total cost of ownership for IT assets and maximize the clients' return on their IT investment.
For enterprise class hardware in the data center, QSGI offers hardware maintenance services, hardware environment planning and consultation, refurbished whole systems, parts, features, upgrades and add-ons. Additionally, for desktop IT assets, servers and SAN products, QSGI offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment with worldwide remarketing or proper IT asset recycling. Given the sensitive nature of the company's client relationships, it does not provide the names of its clients. Additional information about the company is available at http://www.qsgi.com/.
Statements about QSGI's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. QSGI intends that such forward- looking statements involve risks and uncertainties and are subject to change at any time, and QSGI's actual results could differ materially from expected results. QSGI undertakes no obligation to update forward- looking statements to reflect subsequently occurring events or circumstances.
QSGI Inc.
CONTACT: David K. Waldman or Klea K. Theoharis, LLC for QSGI Inc., +1-212-671-1020, qsgi@crescendo-ir.com, both of Crescendo Communications
Web site: http://www.qsgi.com/
Environmental Tectonics Corporation's Biomedical Division Announces Monoplace Chamber Certification
SOUTHAMPTON, Pa., June 12 /PRNewswire-FirstCall/ -- Environmental Tectonics Corporation's ("ETC" or the "Company") BioMedical Division today announced that the Malaysian Department of Safety & Health (DOSH) has certified the BARAMED(R) monoplace hyperbaric chamber for use in Malaysia. This is the first U.S. manufactured computer controlled monoplace chamber to receive such a certification.
ETC worked closely with our Malaysian distributor, Alif Harmonis S/B, to help ensure that the hyperbaric chamber passed all certification requirements. Obtaining DOSH certification clears the way for further sales of BARA-MED(R) chambers in Malaysia.
ETC is the manufacturer of the BARA-MED(R) and BARA-MED(R) XD, the industry's most technically advanced hyperbaric chambers. These chambers include a 4th generation Windows(R) based operating system which controls and records chamber activity. ETC hyperbaric chambers remain the leader in providing a patient friendly pressurization alternative (Smooth Ride(TM)) that minimizes complications due to middle ear and sinus barotraumas without increasing compression time. ETC's hyperbaric chambers are regularly used for clinical treatments at medical facilities around the world.
Eric Sprague, Director of Asia Sales for ETC, commented, "The Asian Market is very important to ETC's monoplace expansion plans."
The BioMedical Division continues to evolve its HBOT applications. The BARA-MED and BARA-MED XD are examples of ETC's ability to combine practical value with state-of-the-art technology. For further information on ETC hyperbaric chambers and how our chambers could benefit your HBOT (Hyperbaric Oxygen Therapy) programs please visit our website http://www.etcbiomedical.com/.
ETC designs, develops, installs and maintains aircrew training systems (aeromedical, tactical combat and general), disaster management training systems and services, entertainment products, sterilizers (steam and gas), environmental testing products, hyperbaric chambers and related products for domestic and international customers.
This Annual Report on Form 10-K includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward- looking statements are based on ETC's current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC's and its subsidiaries that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
These forward-looking statements include statements with respect to the Company's vision, mission, strategies, goals, beliefs, plans, objectives, expectations, anticipations, estimates, intentions, financial condition, results of operations, future performance and business of the company, including but not limited to, (i) the proposed acquisition of the Company by Lenfest, a member of ETC's Board of Directors and a significant shareholder, (ii) the potential delisting of the Company's common stock from the American Stock Exchange as a result of the Company's failure to comply with the AMEX listing standards, (iii) projections of revenues, costs of materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, capital structure, other financial items and the effects of currency fluctuations, (iv) statements of our plans and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions of customers, suppliers, competitors or regulatory authorities, (v) statements of future economic performance, (vi) statements of assumptions and other statements about the Company or its business, (vii) statements made about the possible outcomes of litigation involving the Company, including our outstanding litigation with Disney; (viii) statements regarding the Company's ability to obtain financing to support its operations and other expenses, and (ix) statements preceded by, followed by or that include the words, "may," "could," "should," "looking forward," "would," "believe," "expect," "anticipate," "estimate," "intend," "plan," or the negative of such terms or similar expressions. These forward- looking statements involve risks and uncertainties which are subject to change based on various important factors. Some of these risks and uncertainties, in whole or in part, are beyond the Company's control. Factors that might cause or contribute to such a material difference include, but are not limited to, those discussed in the Company's Annual Report on Form 10-K, in the section entitled "Risks Particular to Our Business." Shareholders are urged to review these risks carefully prior to making an investment in the Company's common stock.
The Company cautions that the foregoing list of important factors is not exclusive. Except as required by federal securities law, the Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.
Contact: Duane D. Deaner, CFO Tel: 215-355-9100 (ext. 1203) Fax: 215-357- 4000 ETC-Internet Home Page: http://www.etcusa.com/
Environmental Tectonics Corporation
CONTACT: Duane D. Deaner, CFO, +1-215-355-9100 ext. 1203, Fax: +1-215- 357-4000
Web site: http://www.etcusa.com/ http://www.etcbiomedical.com/
Xilinx at Bits & Chips Hardware Conference 2008What: Bits & Chips Hardware Conference 2008Where: Evoluon, Eindhoven, Netherlands, Silica Booth # 2.03When: June 19, 2008
EINDHOVEN, Netherlands, June 12 /PRNewswire/ -- Xilinx, Inc. today announced its participation at the Bits & Chips Hardware Conference 2008 on June 19, 2008 in Eindhoven. Conference attendees are invited to attend a keynote by Xilinx CTO Ivo Bolsens on the future of FPGAs, as well as see demonstrations of its industry-leading programmable technologies including the recently announced Virtex-5 FXT platform optimized for embedded processing, serial-connectivity and DSP applications.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO)
Keynote Address
FPGA: The future platform for transforming, transporting and computing
Time: 9:00 a.m.
Speaker: Ivo Bolsens, CTO, Xilinx
Abstract: As the use of FPGAs in hardware design rapidly increase, the use
of these flexible platforms become more pervasive in markets
such as automotive, consumer electronics, industrial and medical.
Bolsens will discuss the direction for FPGAs as they evolve to
solve the challenges for transforming and transporting computing.
He will describe the design methodologies, power consumption and
memory performance required in hardware design.
Demonstrations: Silica Stand # 2.03
-- Spartan-3A FPGA Evaluation Kit: Demonstration of the low cost
Spartan-3A FPGA Evaluation Kit designed for experimenting and
prototyping applications based on the Xilinx Spartan-3A FPGA family.
The kit provides first time FPGA designers with an easy and practical
platform while also providing advanced users with unique design
capabilities. For more information, visit
http://www.em.avnet.com/spartan3a-evl.
-- Virtex-5 FXT ML507: Demonstration of the Virtex-5 FXT FPGA ML507
development board that provides a versatile development platform for
embedded applications. The board provides on-board memory and industry
standard connectivity interfaces targeting the industrial,
communications, medical, industrial, and military and aerospace markets.
For more information, visit
http://www.xilinx.com/products/devkits/HW-V5-ML507-UNI-G.htm
About Bits & Chips Hardware Conference
The Bits and Chips hardware conference is the meeting place for high tech professions from the world of high end embedded systems. The central themes of the event this year are FPGAs, high speed board design, RF design and IC design. The conference combines an extensive exhibition with an independent lecture program of in depth technical presentations. For more information, visit http://www.hardwareconference.nl/.
About Xilinx
Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit http://www.xilinx.com/.
#0862e
Editorial Contact:
Christelle Moraga
Xilinx Public Relations
00 44 1932 836 526
cmoraga@xilinx.com
XILINX, the Xilinx Logo, Virtex, Spartan, ISE and other designated brands included herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Xilinx, Inc.
CONTACT: Christelle Moraga of Xilinx Public Relations, +00 44 1932 836 526, cmoraga@xilinx.com
Web site: http://www.xilinx.com/
RiT Technologies Announces Changes in its Principal Shareholders and ManagementMr. Sergey Anisimov Appointed Chairman of the Board of DirectorsMr. Avi Kovarsky Appointed Chief Executive Officer
TEL AVIV, Israel, June 12 /PRNewswire-FirstCall/ -- RiT Technologies following on its announcement on March 27, 2008, today announced that its principal shareholders, Yehuda Zisapel, the Chairman of the Board of Directors of the Company and its co-founder, Zohar Zisapel, the brother of Mr. Yehuda Zisapel, and Dr. Meir Barel, a director of the Company, informed RiT that they completed the sale of all of the 5,122,521 RiT shares held by them (or their affiliates), representing approximately 34.9% of RiT's outstanding share capital, to STINS COMAN Incorporated ("STINS COMAN"), a Russian corporation headquartered in Moscow, Russia, who has been RiT's distributor since 1994. The shares were acquired for an aggregate purchase price of US$4,405,368, or US$0.86 per share.
RiT also announced that, following on its announcement on May 2, 2008, STINS COMAN informed RiT that it successfully completed its previously announced partial tender offer for RiT shares, such that it will acquire a total of 1,027,815 RiT shares validly tendered in the offer, representing approximately 7.0% of RiT's outstanding share capital, at US$0.86 per share, net to the seller in cash. After payment for the shares tendered in the offer and accepted for payment, STINS COMAN will beneficially own 6,150,336 RiT shares, representing approximately 41.9% of RiT's outstanding share capital.
In connection with the completion of the said transactions, Messrs. Yehuda Zisapel and Meir Barel resigned from the Board of Directors of the Company. Messrs. Sergey Anisimov and Boris Granovsky joined the Board of Directors. Mr. Sergey Anisimov, president and founder of STINS COMAN since 1992, was appointed Chairman of the Board of Directors, replacing Yehuda Zisapel who served as Chairman since 1989.
In addition, RiT announced that Mr. Avi Kovarsky has been appointed as CEO of RiT, replacing Mr. Doron Zinger, effective as of July 1, 2008. Mr. Kovarsky, formerly a Senior VP Sales in RiT, has served in various managerial positions in RiT from 1997 to 2007.
The Audit Committee and Board of Directors of RiT have also determined, subject to the approval of RiT's shareholders as required by Israeli law, to appoint Mr. Kovarsky as a director of RiT and to approve the terms of his compensation as CEO. The Company intends to convene a shareholder meeting for this purpose in the coming weeks.
Mr. Sergey Anisimov, the newly appointed Chairman of RiT, commented: "I believe RiT has the ability to strengthen its leadership position and build a positive momentum in the network infrastructure control and management solutions market. I look forward to taking part in conceiving its new growth strategy together with RiT's management and board of directors."
About RiT Technologies
RiT is a leading provider of physical network infrastructure control and management solutions. Deployed in the networks of many of the world's largest carriers and enterprises, its pioneering, fast-ROI products have proven their ability to simplify service deployment and provisioning, enhance troubleshooting accuracy, reduce infrastructure maintenance costs, enhance physical layer security and enable cost-effective service qualification and verification.
For more information, please visit our website: http://www.rittech.com/
In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate", "forecast", "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described under the heading "Risk Factors" in our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 20-F, which may be revised or supplemented in subsequent reports filed with the SEC. These factors include, but are not limited to, the following: the pending delisting of our ordinary shares from the NASDAQ Capital Market; our ability to raise additional financing, if required; the continued development of market trends in directions that benefit our sales; our ability to maintain and grow our revenues; our dependence upon independent distributors, representatives and strategic partners; our ability to develop new products and enhance our existing products; the availability of third-party components used in our products; the economic condition of our customers; the impact of government regulation; and the economic and political situation in Israel. We are under no obligation, and expressly disclaim any obligation, to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.
COMPANY CONTACT:
Simona Green
VP Finance
+972-3-766-4249
simonag@rit.co.il
RiT Technologies Ltd
CONTACT: COMPANY CONTACT: Simona Green, VP Finance, +972-3-766-4249, simonag@rit.co.il
Leading Hospitality Group Selects IP Video Solution from CIEFFE, a March Networks Company, for Luxury Hotel in the Middle East
OTTAWA, June 12 /PRNewswire-FirstCall/ -- March Networks(R) (TSX:MN; AIM:MNW), a leading provider of intelligent IP video and business analysis applications, announced today that CIEFFE(TM), a March Networks Company, has been selected by a leading international hospitality group to supply its award-winning IP video surveillance solution for installation at the customer's premiere hotel property in the United Arab Emirates.
The customer, which manages some of the world's most prestigious hotels and hospitality-related businesses, selected the CIEFFE portfolio of interoperable encoders, standard resolution and megapixel cameras, video analytics and advanced video management software as the backbone of its phased security deployment. The initial implementation includes more than 160 IP cameras and integrated video management software. The solution was chosen for its exceptional video quality, and sophisticated video monitoring and event handling functionality, which meets the demanding performance requirements of the operator. Its flexible architecture enables future expansion and allows the customer to ultimately deploy an integrated IP video surveillance network across all of its properties worldwide.
"We are extremely pleased to have been selected as the IP video management solution of choice for one of the world's leading luxury hospitality operators," said Peter Strom, President and CEO, March Networks. "The advanced functionality of our solution is perfectly suited to the high performance security and surveillance requirements of commercial property managers. We look forward to building our position as a leading IP video management supplier throughout the United Arab Emirates and elsewhere in the Middle East."
About March Networks
March Networks(R) (TSX:MN; AIM:MNW) is a leading provider of intelligent IP video and business analysis applications that enable organizations to reduce losses, mitigate risks and improve security and operational efficiency. The Company's advanced software suite includes enterprise-class video management, powerful analytics and comprehensive managed and professional services. Our software and systems are used by leading financial institutions, retailers, transportation authorities and other organizations in more than 50 countries. For more information, please visit http://www.marchnetworks.com/.
Forward-Looking Statements
This release contains certain forward-looking information, including expectations of future business. This information is based on the company's current expectations and assumptions that are subject to a variety of risks and uncertainties that are difficult to predict and that may be beyond March Networks' control. Actual results could differ materially from those expressed in any forward-looking statements due to factors such as customer demand and timing of purchasing decisions, increased levels of competition, technological changes and the successful development of new products, dependence on third-party manufacturers, risks relating to intellectual property infringement claims, and other risks and factors identified in March Networks' public filings with regulatory authorities in Canada. March Networks assumes no obligation to update these forward-looking statements as a result of new information or future events.
(x) MARCH NETWORKS and the MARCH NETWORKS logo and CIEFFE and the CIEFFE
logo are trademarks of March Networks Corporation. All other
trademarks are the property of their respective owners.
MARCH NETWORKS CORPORATION
CONTACT: Peter Wilenius, March Networks Corporation, (613) 591-8181, pwilenius@marchnetworks.com
Telanetix Announces Stream Computing Joint Technology Agreement With AMDNew jointly developed technology expands capabilities and pushes HD telepresence into new markets
SAN DIEGO, June 12 /PRNewswire-FirstCall/ -- Telanetix, Inc. (OTC BB: TNXI), a leading communications solutions provider of telepresence and Voice over IP (VoIP) services, today revealed its agreement with AMD to jointly develop telepresence focused Stream Computing technology and announced the first results of this ongoing joint technology effort.
Stream Computing allows graphics processor units (GPUs) to accelerate the complex computations required in the encoding and decoding of telepresence media streams, while working in concert with both existing CPUs and future integrated CPU/GPU processing platforms.
"We are excited to have worked with Telanetix over the last year to adapt our Stream Computing technology for use in demanding media applications such as telepresence," said Patricia Harrell, Director, Stream Computing of AMD. "Telanetix Digital Presence is an ideal use for the sheer power and flexibility advantages our Stream Computing platform can offer. I believe that the Telanetix approach of using flexible computing resources such as GPUs and CPUs instead of application specific hardware will not only continue to be effective, but may grow even more powerful due to its superior flexibility."
"We continue to expand our Digital Presence technology, again showing the power of our software driven platform approach to do things formerly believed impossible except via long product cycle, expensive hardware," noted Rob Arnold, CTO of the Telanetix Video Division. "Harnessing the power of the ever more powerful, increasingly integrated CPU/GPU architecture with approaches such as Stream Computing is key to our ongoing technology roadmap. This further increases our ability to grow our unique technological edge in providing market leading feature sets, flexibility, and pricing."
By utilizing this new technology in its Digital Presence product line, Telanetix enables higher quality, lower cost High Definition (HD) telepresence, both extending HD capability to the large mid-market telepresence segment, and continuing to "future proof" the Digital Presence technology platform by enabling a wide range of workflow oriented vertical market solutions.
This technology is now available and shipping in every Digital Presence system, as part of the recent Telanetix 3.4.3 Digital Presence technology platform release. The technology has been applied not only to new systems, but also to the existing installed base through the Digital Presence systems' platform update capability. Additional platform products for conferencing and other vertical market solutions are in development. Additional information can be obtained by contacting Jim Blackman at (713) 256-0369.
About Telanetix, Inc.
Telanetix is a leading communications solutions provider offering telepresence and Voice over IP (VoIP) services to all business market segments. By leveraging ubiquitous network infrastructures, Telanetix solutions meet the real-world communications demands of its customers with an industry-leading value proposition. The company's telepresence offering, called Digital Presence(TM), creates fully immersive and interactive meeting environments that incorporate voice, video and data from multiple locations into a single environment. The company's Voice offerings, marketing under the "AccessLine" brand, give companies flexible calling solutions, a simpler installation experience, and a greater range of office-size support than traditional telecom providers. Additional information may be found at the Telanetix corporate website, http://www.telanetix.com/
About AMD
Advanced Micro Devices is a leading global provider of innovative processing solutions in the computing, graphics and consumer electronics markets. AMD is dedicated to driving open innovation, choice and industry growth by delivering superior customer-centric solutions that empower consumers and businesses worldwide. For more information, visit http://www.amd.com/.
Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The companies undertake no obligation to publicly release statements made to reflect events or circumstances after the date hereof.
Telanetix, Inc.
CONTACT: Kent Hellebust of Telanetix, Inc., +1-206-515-9160, khellebust@telanetix.com; or Investors, Jim Blackman of PR Financial Marketing, +1-713-256-0369, jim@prfmonline.com; or Media, Todd Barrish of Dukas PR, +1-212-704-7385, todd@dukaspr.com, both for Telanetix, Inc.
Web site: http://www.telanetix.com/ http://www.amd.com/
Micrel Makes Maximum Strides In New Ethernet Solutions By Minimizing Size, Security Risks, Maximizing Thinness
SAN JOSE, Calif., June 12 /PRNewswire-FirstCall/ -- Micrel Inc. , an industry leader in analog, high bandwidth communications and Ethernet IC solutions, today launched the KSZ8842-PMBL, KSZ8841-16MBL, KSZ8842-16MBL and KSZ8893MBL. Each new product is currently available in volume quantities and comes in a 9mm x 9mm, 100-ball FBGA package. The devices are Micrel's latest members of its embedded controller family and 3-port switches, all offering small footprint, secure IC-to-ICs over the PCB and ease of manufacturing. The ICs are ideal for numerous Ethernet applications in the Automotive, Ethernet switching and Industrial Ethernet arenas and complement the traditional solutions offered in a QFP package. For specific pricing, please contact the factory directly. Samples can now be ordered on line on Micrel's web site at: http://www.micrel.com/ProductList.do.
"Industry requirements continue to change rapidly in all markets including the industrial and automotive arenas," noted Richard Bowers, Micrel's director of marketing for Ethernet. "Micrel's new devices now come packaged in FBGA, offering a secure solution in a smaller footprint necessary to meet end users' evolving requirements."
The KSZ8842PMBL is a 2-port switch with a PCI interface to the host/CPU. It can be configured as a low-latency repeater to allow for 'cut thru' in latency-critical Embedded or Industrial Ethernet applications. It is the Company's proven, fourth generation, integration Layer-2 switch that is also fully compliant with the IEEE802.3u standard. The KSZ8841-16MBL is a single port, mixed-signal controller device offering Wake-on-LAN technology for addressing Fast Ethernet applications. It consists of a fast Ethernet MAC controller, 8-bit/ 16-bit, generic host processor interaction and incorporates a unique dynamic and fully utilizable 8KB buffer memory for both TX and RX directions in the host buffer interface.
The KSZ8842-16MBL is a 2-port switch with 8 and 16-bit generic host interface to the external CPU. Entirely compliant with the IEEE802.3u standard, the device can also be configured as a low-latency repeater to allow for 'cut thru' in latency critical Embedded or Industrial Ethernet applications. In Industrial applications, the solution runs in half-duplex mode.
Finally, the KSZ8893MBL is a highly integrated Layer-2 managed, high-speed non-blocking switch that contains two patented mixed-signal, low power technology 10/100 transceivers and three MAC (Media Access Control) units. Designed for low port count, cost-sensitive 10/100 Mbps switch systems, it offers an extensive feature set that includes rate limiting, tag/port-based VLAN, QoS priority, MIB counters, RMII/MII/SNI and CPU control/data interfaces to effectively address both current and emerging fast Ethernet applications.
About Micrel, Inc.
Micrel Inc. is a leading global manufacturer of IC solutions for the worldwide analog, Ethernet and high bandwidth markets. The Company's products include advanced mixed-signal, analog and power semiconductors; high performance communication, clock management, Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise, consumer, industrial, mobile, telecommunications, automotive, and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose, CA, with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. In addition, the Company maintains an extensive network of distributors and reps worldwide. Web: http://www.micrel.com/.
Micrel Inc.
CONTACT: Julieanne DiBene, Marketing Communications of Micrel Inc., +1-408-474-1276, Julie.DiBene@Micrel.com
Web site: http://www.micrel.com/
Concur Sponsors Webinar on Driving Superior T&E Expense Management Performance on Tuesday, June 24Industry expert Aberdeen Group shows how best-in-class organizations cut costs and increase compliance by complementing T&E automation with audit, reimbursement and analytics
REDMOND, Wash., June 12 /PRNewswire-FirstCall/ -- Concur the world's leading provider of on-demand business services that automate Employee Spend Management, today announced that it will host a free Webinar in conjunction with The Aberdeen Group on Tuesday, June 24 at 1 p.m. ET entitled, "T&E Expense Management -- Leveraging Data to Drive Performance." Featuring industry expert Andrew Bartolini, Global Supply Management Vice President for Aberdeen Group, this Webinar will reveal results from an independent survey by Aberdeen Group, Inc. showing that an overwhelming percentage of best-in-class organizations are embracing the full scope of a truly end-to-end travel and expense management process.
In addition to learning how top performing organizations enjoy a significantly superior level of compliance with corporate policies -- along with lower travel booking and expense processing costs -- all attendees will receive a complimentary copy of The Aberdeen Group's T&E Expense Management Report, which offers compelling insights into how top performing organizations are achieving best-in-class performance.
WHAT: "T&E Expense Management -- Leveraging Data to Drive Performance"
Webinar, featuring industry expert Andrew Bartolini, Global Supply
Management Vice President for Aberdeen Group
WHEN: Tuesday, June 24 at 1 p.m. ET
WHERE: Register for the Webinar at http://www.concur.com/. This event is
open to anyone interested in learning more about the benefits of
integrating and streamlining the often costly and time-consuming
process of travel procurement and expense management. Login details
will be sent to all registered attendees.
More information about Aberdeen Group's Travel & Entertainment Expense Management Report can be found here: http://www.aberdeen.com/link/sponsor.asp?spid=30410153&cid=4730.
About Concur
Concur is the world's leading provider of on-demand Employee Spend Management services. Concur enables organizations to globally control costs by automating the processes they use to manage employee spending. Concur's end-to-end solutions seamlessly unite online travel booking with automated expense reporting, streamline meeting management and optimize the process of managing vendor payments, employee check requests and direct reimbursements. Organizations of all sizes trust Concur to help them control spend before it occurs while eliminating paper and optimizing supplier relations. Concur's unified approach to managing employee spend delivers a 360 degree view into all employee expenses, helping companies globally enforce policies and monitor vendor compliance, while delivering unprecedented control and valuable insight. Concur's suite of on-demand services reach millions of employees across thousands of organizations around the world -- streamlining business processes, reducing operating costs, improving internal controls and providing enhanced visibility and actionable expense analysis. More information about Concur is available at http://www.concur.com/.
Concur
CONTACT: Stefanie Johansen of Weber Shandwick, +1-425-452-5468, sjohansen@webershandwick.com, for Concur
Web site: http://www.concur.com/
Pharsight to Present on Its Vision for Modeling and Simulation Software at PAGE Annual MeetingDr. Robert Leary Will Discuss Computational Methods for Model Evaluation; Dr. Mike Dunlavey Will Present Simplified Programming Approaches of Population Model User Interfaces
MOUNTAIN VIEW, Calif., June 12 /PRNewswire-FirstCall/ -- Pharsight Corporation , a leading provider of software, strategic consulting, and regulatory services for optimizing clinical drug development, today announced that Pharsight software development experts will deliver two poster presentations at the Population Approach Group in Europe (PAGE) 17th Annual Meeting in Marseille, France from June 18-20, 2008. Robert Leary, Ph.D., fellow, Pharsight Research and Development Group, will present work on computational methods for model evaluation. Mike Dunlavey, Ph.D., fellow, Pharsight Research and Development Group, will present new approaches on simplified programming of population model user interfaces.
These poster sessions will provide a forum for pharmaceutical scientists from industry and academia to have scientific discussion and collaborative exchange on model-based approaches. Pharsight's two presentations are:
-- June 18: Simplified Programming of Population Model User Interfaces.
Dr. Dunlavey will present a differential execution algorithm that
allows a "painting" paradigm (called Dynamic Dialogs) as an alternative
to event-based programming. This programming paradigm simplifies
implementation of software products with complex graphical displays and
user interface requirements.
-- June 19: Nonparametric Analogs to POSTHOC Estimates for Exploratory
Data Analysis. Dr. Leary will present a nonparametric model evaluation
method to complement commonly used approaches for exploratory data
analysis of possible covariate relationships. This work builds on
applied research presented by industry colleagues at past PAGE
conferences and on Dr. Leary's earlier work in the area of nonlinear
mixed effects (NLME) analysis.
"The development of advanced computational tools and next generation programming languages are integral to the continued growth of model-based drug development," said Shawn O'Connor, president, CEO, and chairman of Pharsight. "We continue to develop technology to remain on the cutting edge of the industry and to create solutions that meet our customers' specific needs. Pharsight looks forward to presenting on specific elements of our vision for the future of model-based drug development, and is proud to again have such a wide presence at PAGE this year."
Additional information about PAGE can be found at http://www.page-meeting.org/.
About Pharsight Corporation
Pharsight Corporation develops and markets integrated products and services that enable pharmaceutical and biotechnology companies to achieve significant and enduring improvements in the development and use of therapeutic products. Pharsight's goal is to help customers reduce the time, cost and risk of drug development, as well as optimize the post-approval marketing and use of pharmaceutical products.
Pharsight's approach enhances the fundamental element of drug development success: strong decision-making. By adopting the Pharsight approach, customers acquire a new decision-making process with the potential to systematically improve every level and phase of their business and scientific processes. Pharsight Corporation is headquartered in Mountain View, California. Information about Pharsight is available at http://www.pharsight.com/.
Registered Trademarks and Trademarks
Pharsight is a registered trademark of Pharsight Corporation. All other brand or product names mentioned in this document are trademarks or registered trademarks of their respective companies or organizations.
Pharsight Corporation
CONTACT: Investors, Douglas Sherk or Matthew Selinger, +1-415-896-6820, or Media, Steve DiMattia or Donald Takaya, +1-646-201-5445, all of EVC Group, for Pharsight Corporation
Web site: http://www.pharsight.com/ http://www.page-meeting.org/
Micrel Makes Maximum Strides In New Ethernet Solutions By Minimizing Size, Security Risks, Maximizing Thinness
SAN JOSE, California, June 12 /PRNewswire/ --
Micrel Inc. (Nasdaq: MCRL), an industry leader in analog, high bandwidth
communications and Ethernet IC solutions, today launched the KSZ8842-PMBL,
KSZ8841-16MBL, KSZ8842-16MBL and KSZ8893MBL. Each new product is currently
available in volume quantities and comes in a 9mm x 9mm, 100-ball FBGA
package. The devices are Micrel's latest members of its embedded controller
family and 3-port switches, all offering small footprint, secure IC-to-ICs
over the PCB and ease of manufacturing. The ICs are ideal for numerous
Ethernet applications in the Automotive, Ethernet switching and Industrial
Ethernet arenas and complement the traditional solutions offered in a QFP
package. For specific pricing, please contact the factory directly. Samples
can now be ordered on line on Micrel's web site at:
http://www.micrel.com/ProductList.do.
"Industry requirements continue to change rapidly in all markets
including the industrial and automotive arenas," noted Richard Bowers,
Micrel's director of marketing for Ethernet. "Micrel's new devices now come
packaged in FBGA, offering a secure solution in a smaller footprint necessary
to meet end users' evolving requirements."
The KSZ8842PMBL is a 2-port switch with a PCI interface to the host/CPU.
It can be configured as a low-latency repeater to allow for 'cut thru' in
latency-critical Embedded or Industrial Ethernet applications. It is the
Company's proven, fourth generation, integration Layer-2 switch that is also
fully compliant with the IEEE802.3u standard. The KSZ8841-16MBL is a single
port, mixed-signal controller device offering Wake-on-LAN technology for
addressing Fast Ethernet applications. It consists of a fast Ethernet MAC
controller, 8-bit/ 16-bit, generic host processor interaction and
incorporates a unique dynamic and fully utilizable 8KB buffer memory for both
TX and RX directions in the host buffer interface.
The KSZ8842-16MBL is a 2-port switch with 8 and 16-bit generic host
interface to the external CPU. Entirely compliant with the IEEE802.3u
standard, the device can also be configured as a low-latency repeater to
allow for 'cut thru' in latency critical Embedded or Industrial Ethernet
applications. In Industrial applications, the solution runs in half-duplex
mode.
Finally, the KSZ8893MBL is a highly integrated Layer-2 managed,
high-speed non-blocking switch that contains two patented mixed-signal, low
power technology 10/100 transceivers and three MAC (Media Access Control)
units. Designed for low port count, cost-sensitive 10/100 Mbps switch
systems, it offers an extensive feature set that includes rate limiting,
tag/port-based VLAN, QoS priority, MIB counters, RMII/MII/SNI and CPU
control/data interfaces to effectively address both current and emerging fast
Ethernet applications.
About Micrel, Inc.
Micrel Inc. is a leading global manufacturer of IC solutions for the
worldwide analog, Ethernet and high bandwidth markets. The Company's products
include advanced mixed-signal, analog and power semiconductors; high
performance communication, clock management, Ethernet switch and physical
layer transceiver ICs. Company customers include leading manufacturers of
enterprise, consumer, industrial, mobile, telecommunications, automotive, and
computer products. Corporation headquarters and state-of-the-art wafer
fabrication facilities are located in San Jose, CA, with regional sales and
support offices and advanced technology design centers situated throughout
the Americas, Europe and Asia. In addition, the Company maintains an
extensive network of distributors and reps worldwide.
Web: http://www.micrel.com.
Web site: http://www.micrel.com
Micrel Inc.
Julieanne DiBene, Marketing Communications of Micrel Inc., +1-408-474-1276, Julie.DiBene@Micrel.com
Latest Grilling Craze Offers a Fun and Unique Twist That Won't Leave Dad 'Ale'ing1-800-FLOWERS.COM Gears Up for Grilling Season with a New Spin on Beer and Chicken
CARLE PLACE, N.Y., June 12 /PRNewswire-FirstCall/ -- As summer kicks off and Dads nationwide fire up their grills for Father's Day and summertime festivities, the world's largest florist and leading multi-channel retailer, 1-800-FLOWERS.COM, Inc. , is bringing Beer Can Chicken to the forefront of the grilling scene.
It's no secret that burgers, steaks and hot dogs are typically hailed as the staples of the barbecue, but now more than ever, Americans are turning to poultry and fish for healthier and delicious alternatives on the grill. According to the National Chicken Council, chicken contains less fat than beef, zero carbohydrates and is a source of lean protein. Beer Can Chicken combines beer and the barbecue while offering a Father's Day meal that is more fun and unique than traditional grilling fare.
Developed by top chef and "Professor of Barbecue" Steven Raichlen, the process for cooking beer-infused chicken recipe ensures that the chicken retains its moisture while absorbing maximum taste. The highly visual technique used when making Beer Can Chicken calls for an entire chicken to sit vertically atop an open beer can. This process drains the fat while crisping the skin on the outside and flavoring the chicken on the inside. The beer provides a natural flavor to the meat, making it unnecessary to add any sort of barbecue sauce or rub and offering a healthier alternative for those watching their waistlines.
According to a recent objective by the Weber GrillWatch Survey, 31 percent of American grill owners are grilling more this year than years previous. One-third of survey respondents admitted that they have begun grilling leaner meats, such as poultry, and meat substitutes, because they are "trying to eat healthier." Additionally, Americans are grilling more frequently, with 71 percent of Americans grilling at least once a week during the grilling season (up from 69 percent last year) and 47 percent grilling a few times per week.
In keeping with this new grilling trend, 1-800-FLOWERS.COM(R) is featuring barbecue baskets from Steven Raichlen including a "Beer Can Chicken Basket" ($99.99 - $124.99) and "The Steven Raichlen Ultimate Barbecue Basket" ($79.99 - $99.99).
"We're in the business of gift-giving, and with more than 30 years of experience, our customers rely on us to stay ahead of the curve, bringing them the gifts and products that tie in with the latest cultural trends," said Jim McCann, CEO and founder of 1-800-FLOWERS.COM. "With healthy grilling becoming increasingly popular, Beer Can Chicken is a fun and timely gift that will help create great family memories."
To ensure that Dad gets his gift in time for Father's Day, same-day and next-day deliveries are available at 1-800-FLOWERS.COM.
About 1-800-FLOWERS.COM
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
CONTACT: Kristy Rivera, MWW Group for 1-800-Flowers.com, +1-212-827-3754, krivera@mww.com
Web site: http://www.1-800-flowers.com/
Verizon Wireless Activates New Cell Site in Adams County, Ohio
WEST UNION, Ohio, June 12 /PRNewswire/ -- Verizon Wireless, the wireless company with the highest customer loyalty, has activated a new cell site in Adams County that improves its network coverage in West Union and portions of Adams Lake State Reserve.
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/ http://www.verizonwireless.com/multimedia
Performance Technologies Expands Customer base in Europe with Elephant Talk
ROCHESTER, New York, June 12 /PRNewswire/ --
- European and Asian Markets Served with New Signalling Network using
SEGway(TM) STP Signalling Solution
Performance Technologies (Nasdaq: PTIX), a leading developer of
communication platforms and systems, today announced that Elephant Talk, (OTC
Bulletin Board: ETLK), an international telecom and multimedia content
distributor, has put into service the company's SEGway(TM) STP Signalling
solution to deliver advanced mobile service offerings such as SMS-based chat,
mobile games, and mobile e-commerce services to its customers.
"Performance Technologies' SEGway STP Signalling solution provides us
with the best in class suite of features, flexibility, and the throughput
capacity we were looking for, to enable us to expand into the mobile market
with full control over our network," said Martin Zuurbier, COO and CTO of
Elephant Talk. "Coupled with our existing interconnection agreements,
distribution network, and brand recognition, we are able to offer our
customers very cost competitive, value-added services to the European and
China markets."
Performance Technologies' SEGway SS7 Signalling Solutions are robust,
scalable, and highly flexible next-generation signalling solutions including
STPs, Signalling Gateways, and IP-Edges that offer full routing, address
translation, and screening, along with a complete set of network interfaces
including traditional TDM, SIGTRAN IP, and SIP that equips a service provider
with any-to-any connectivity across all interfaces.
"We are very pleased to be chosen by Elephant Talk as the core signalling
solution for their new network," said Cory Grant, vice president of
international sales for Performance Technologies. "Their decision to utilize
our advanced signalling solutions, to expand their international network,
clearly shows the strength of Performance Technologies as the market leader
in delivering the most cost-effective, feature rich, and highly scalable
signalling platforms and solutions available on the market today. The EMEA
region is a key market for us, and we are very excited to add a dynamic
company like Elephant Talk to our rapidly growing base of customers in
Europe."
About Elephant Talk Communications (www.elephanttalk.com)
Elephant Talk Communications is positioning itself as an international
telecom operator and enabler/systems integrator to the multimedia industry by
facilitating the distribution of all forms of content, as well as mobile and
fixed-telecom services, to global telecommunications consumers. The company
provides traditional telecom services, media streaming, and distribution
services primarily to the business-to-business (B2B) community within the
telecommunications market. Elephant Talk is also a system integrator and
developer for mobile telecom and content distribution solutions; and, as a
Mobile Virtual Network Enabler (MVNE), the company has positioned itself as
the premier outsourcing partner for both Mobile Network Operators (MNOs) as
well as for Mobile Virtual Network Operators (MVNOs). ETLK is positioning
itself as the preferred MVNE partner of the larger, global Mobile Operators
and currently operates sophisticated networks in over a dozen markets in
Europe, Asia Pacific, and the Middle East.
About Performance Technologies (www.pt.com)
Performance Technologies (Nasdaq: PTIX) is a global supplier of
integrated IP-based platforms and solutions for advanced communications
networks and innovative computer system architectures. Our Embedded Systems
Group offers robust application-ready platforms that incorporate
open-standards based software and hardware, providing significantly
accelerated end product deployment benefits for equipment manufacturers. Our
Signalling Systems Group offers the SEGway(TM) product suite, which includes
IP STPs, SS7 over IP transport solutions, and signalling gateways that enable
lower operating costs through utilization of IP networks, thereby creating
competitive advantages for carriers in existing and emerging markets.
Performance Technologies is headquartered in Rochester, New York.
Additional engineering facilities are located in San Diego and San Luis
Obispo, California, and Kanata, Ontario, Canada.
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for certain forward-looking statements. This press release contains
forward-looking statements which reflect the Company's current views with
respect to future events and financial performance, within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and is subject to the safe harbor provisions of those
Sections. The Company's future operating results are subject to various risks
and uncertainties and could differ materially from those discussed in the
forward-looking statements and may be affected by various trends and factors
which are beyond the Company's control. These risks and uncertainties
include, among other factors, general business and economic conditions, rapid
technological changes accompanied by frequent new product introductions,
competitive pressures, dependence on key customers, inability to gauge order
flows from customers, fluctuations in quarterly and annual results, the
reliance on a limited number of third party suppliers, limitations of the
Company's manufacturing capacity and arrangements, the protection of the
Company's proprietary technology, the dependence on key personnel, changes in
critical accounting estimates, potential impairments related to goodwill and
investments, foreign regulations and potential material weaknesses in
internal control over financial reporting. In addition, during weak or
uncertain economic periods, customers' visibility deteriorates causing delays
in the placement of their orders. These factors often result in a substantial
portion of the Company's revenue being derived from orders placed within a
quarter and shipped in the final month of the same quarter. Forward-looking
statements should be read in conjunction with the audited Consolidated
Financial Statements, the Notes thereto, Risk Factors, and Management's
Discussion and Analysis of Financial Condition and Results of Operations of
the Company as of December 31, 2007, as contained in the Company's Annual
Report on Form 10-K, and other documents filed with the Securities and
Exchange Commission.
The names of actual companies, products, or services may be the
trademarks, registered trademarks, or service marks of their respective
owners in the United States and/or other countries.
Web site: http://www.pt.com
http://www.elephanttalk.com
Performance Technologies
Will Smith, Marketing Communications Manager, Performance Technologies, +1-585-256-0200, wjs@pt.com
First Year of AT&T U-verse TV in Michigan Delivers Choice, Jobs and InvestmentNew TV Choice Available to More than 625,000 Living Units, Over 1,300 New Jobs Created Due to Video Reform Legislation
DETROIT, June 12 /PRNewswire-FirstCall/ -- This time last year, Michigan consumers were clamoring for choice in television services. One year after the launch of AT&T U-verse(SM) services in Michigan, AT&T Inc. announced today that AT&T U-verse services are now available to more than 625,000 living units across the state.
The introduction and expansion of AT&T U-verse services provides an alternative, affordable TV choice for Michigan consumers. It was made possible by the passage of Public Act 480 of 2006, which has also helped create more than 1,300 new positions and millions of dollars of new network investment in Michigan.
AT&T U-verse services -- including AT&T U-verse TV, AT&T U-verse High Speed Internet and AT&T U-verse Voice -- are now available in parts of more than 160 communities in southeastern and western Michigan, including the Ann Arbor, Detroit, Grand Rapids and Kalamazoo areas. In addition, there are plans to continue reaching more customers on an ongoing basis.
"When we passed video reform legislation nearly 18 months ago, we believed it would result in choice for consumers and job creation for Michigan," said state Rep. Mike Nofs, vice-chair of the House Committee on Energy and Technology and sponsor of the video-reform legislation. "I am thrilled to see the promises made come to fruition in such a short period of time."
"By breaking down the barriers to TV competition, Michigan consumers are seeing the benefits," said state Sen. Buzz Thomas. "With more competition, companies are investing in infrastructure and bringing jobs to Michigan."
AT&T is the only national provider to offer a 100 percent Internet Protocol-based television (IPTV) service, making AT&T U-verse TV one of the most advanced television offerings available anywhere. AT&T is deploying next- generation video services, including AT&T U-verse TV, as part of its mission to connect people with their world, everywhere they live and work, and do it better than anyone else.
"The Michigan Legislature should be commended for their persistent approach in creating an environment which benefits Michigan consumers," said Gail Torreano, president of AT&T Michigan. "The ability of AT&T to bring new investment, jobs and technology to Michigan consumers is a result of the leadership shown by our legislators, and I applaud them for their vision."
Robert Nixon, AT&T general manager for Michigan, said that consumers have embraced AT&T U-verse services during the past year.
"We're looking forward to bringing our innovative video choice to even more Michigan consumers. Over the past year, we've really been able to show Michigan what AT&T U-verse TV is all about. We've introduced new interactive features, grown our HD lineup to offer more channels than the local cable providers, and added sports networks that are important to Michigan fans -- like Big Ten Network and NFL Network," Nixon said.
For additional information on AT&T U-verse -- or to find out whether it's available in your area -- visit http://uverse.att.com/, call 800-ATT-2020 or visit a local AT&T retail location.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Amy Grundman of AT&T Inc., Wireless, +1-313-310-8909, agrundma@attnews.us
Web site: http://www.att.com/
Expedia, Inc. Announces Private Offering of Senior Unsecured Notes
BELLEVUE, Wash., June 11 /PRNewswire-FirstCall/ -- Expedia, Inc. announced today that it plans to privately offer $500 million of senior unsecured notes guaranteed by certain of its subsidiaries (the "Notes"). The Notes are expected to have a maturity of eight years, and the timing of the closing of the offering will be subject to market conditions. Expedia, Inc. plans to use the net proceeds of the offering for general corporate purposes and to repay borrowings of $330 million currently outstanding under its credit facility.
The offering will be made only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes will not be registered under the Securities Act and may not be offered or sold without registration unless an exemption from such registration is available. This notice is issued pursuant to Rule 135c of the Securities Act, and does not constitute an offer to sell the Notes, nor a solicitation for an offer to purchase the Notes.
This press release contains forward-looking statements regarding the future performance of Expedia, Inc., within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from current expectations. These risks and uncertainties include, but are not limited to, Expedia, Inc.'s ability to consummate the offering of the Notes. Additional cautionary statements regarding other risk factors that could have an effect on the future performance of Expedia, Inc. are contained in its filings with the SEC, including its reports on Forms 10-K, 10-Q and 8- K. Expedia, Inc. undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
(C) 2008 Expedia, Inc. All rights reserved. CST 2029030-40.
Expedia, Inc.
CONTACT: Investor Relations, +1-425-679-3555, ir@expedia.com; or Communications, +1-425-679-4317, press@expedia.com
Web site: http://www.expedia.com/
China Mobile Limited 2007 Annual Report on Form 20-F Filed with the SEC
HONG KONG, June 11 /Xinhua-PRNewswire-FirstCall/ -- China Mobile Limited (the "Company") (HKEx: 941) announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2007 (the "2007 Form 20-F") with the U.S. Securities and Exchange Commission.
The 2007 Form 20-F is available on the Investor Relations section of the Company's website at http://www.chinamobileltd.com/ and on the SEC's website at http://www.sec.gov/ . Shareholders may also request a hard copy of the Company's complete audited financial statements, free of charge, by contacting the Company at Investor Relations Department, China Mobile Limited, 60/F, The Center, 99 Queen's Road Central, Hong Kong (Email: ir@chinamobilehk.com; Telephone: 852-3121-8888; Fax: 852-2511-9092).
Press enquiries:
China Mobile Limited
Mr. Guan Yimin or Ms. Rainie Lei
Tel: +852-3121-8888
Fax: +852-3121-8809
China Mobile Limited
CONTACT: Mr. Guan Yi Min or Miss Rainie Lei, both of China Mobile Limited, +852-3121-8888, or fax, +852-3121-8809
Arrow China Named Most Preferred International Distributor by Electronics Supply & Manufacturing, China, Magazine
HONG KONG, June 11 /Xinhua-PRNewswire-FirstCall/ -- Arrow Asia Pac Ltd., a business unit of Arrow Electronics, Inc. , announced today that Arrow China ranked top again in the customer preference survey conducted by Electronics Supply & Manufacturing, China. This represents the seventh consecutive year that Arrow has been named the most preferred international distributor by customers participating in the survey. Arrow received the top ranking in categories including Most Preferred International Distributor, Best Supply Capacity Distributor, and Best Technical Support Distributor.
(Logo: http://www.xprn.com/xprn/sa/200703021139.JPG )
"The honor of again being named top distributor in China validates our growth strategies in China," said Peter Kong, president of Arrow Asia Pac Ltd. "This recognition is a tribute to the dedication and achievements of our employees in China. As we continue to enter new geographies and markets, expand our product offerings and operate more efficiently, we focus on delivering greater value and bringing higher levels of service to all of our customers, suppliers and business partners in the region."
Conducted by Electronics Supply & Manufacturing, China, annually, the survey examines the current state of mainland China's electronic components distribution market and provides an overview of customer preferences in selecting a distributor. This year, feedback was collected from 1,200 purchasing professionals with leading mainland electronics manufacturing companies in a range of industries, including consumer electronics, communications and various industrial segments.
About Arrow Asia Pac
A business unit of Arrow Electronics, Inc. , Arrow Asia Pac is one of Asia-Pacific's leading electronic component distributors. In addition to its regional headquarters in Hong Kong, Arrow Asia Pac operates 52 sales offices, four primary distribution centers and 13 local warehousing facilities in 12 countries/territories across Asia.
Providing a full range of semiconductors, passive, electromechanical and connector products from over 200 leading international and local suppliers, Arrow Asia Pac serves more than 10,000 original equipment and contract manufacturers and commercial customers in the Asia-Pacific region. Visit http://www.arrowasia.com/ .
Media Contact:
Ray Leung
Marketing Communications Director
Arrow Asia Pac Ltd.
Tel: +852-2484-2484
Email: marcom.asia@arrowasia.com
Grace Kung
Marketing Communications Manager
Tel: +852-2484-2682
Email: grace.kung@arrowasia.com
Arrow Asia Pac Ltd.
CONTACT: Ray Leung, Marketing Communications Director, +852-2484-2484, or marcom.asia@arrowasia.com, or Grace Kung, Marketing Communications Manager, +852-2484-2682, or grace.kung@arrowasia.com, both of Arrow Asia
Web Site: http://www.arrowasia.com/
Microsoft Declares Quarterly DividendDividend of $0.11 per share payable in September
REDMOND, Wash., June 11 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced that its board of directors declared a quarterly dividend of $0.11 per share. The dividend is payable Sept. 11, 2008, to shareholders of record on Aug. 21, 2008. The ex-dividend date will be Aug. 19, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
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: financial analysts and investors, Colleen Healy, general manager, Investor Relations of Microsoft Corp., +1-425-706-3703; or Rapid Response Team of Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.
Web site: http://www.microsoft.com/msft
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