Companies news of 2008-06-23 (page 3)
BT Americas Signs Joint Marketing Agreement With SAP America
Emageon and Oliver Press Partners Settle Proxy ContestAugustus K. Oliver, Benner Ulrich...
Oracle Announces Creation of Health Sciences Global Business UnitNew Organization to Help...
Memorex(R) SimpleSave DVDs are a Neat and Easy Way to Back Up Summer Vacation Photos and...
ShoreTel Expands Global Partnership with Black BoxCompanies Bring Pure IP Unified...
ZipRealty Selects Centive Compel(R) to Automate Sales Compensation for Nationwide Network...
Concuity Announces Partnership with Financial Healthcare Systems, LLCPartnership Expands...
Wonder Auto Technology Reports Results of the 2008 Annual Meeting of Stockholders
AsiaInfo to Upgrade China Unicom's Rechargeable Card System to Support Nationwide...
U.S. Army Dental Command Selects Harris Corporation for $12 Million IT Services Program...
Logility Customer Honored as a High Achiever at Managing Automation's 2008 Progressive...
Blue Cross and Blue Shield of Minnesota Enables Enterprise Content Management Improvement...
Leading Analyst Firm Positions Oracle's Siebel Multi-Channel Campaign Management Software...
Salesforce.com Delivers New Force.com Toolkit for Google Data APIs, Giving Developers New...
iCAD To Acquire Assets of CAD SciencesiCAD Extends Product and Technology Portfolio with...
Environmental Tectonics Corporation Announces Sale of Two Monoplace Hyperbaric Chambers
Firethorn Joins Forces with BECU to Make the Mobile Wallet a Reality- Relationship Puts...
MediaFLO USA, ESPN Mobile TV and NBC Sports on NBC 2Go Bring Live Grand Slam Tennis From...
RTG Ventures, Inc. (RTGV) and Atlantic Network Holdings Limited (ANHL) to Close Share...
SXC Health Solutions announces three-year $35 million PBM contract with the State of...
Monitise Americas Wins Cards International Global Award and Named a Finalist for Two...
Directed Electronics (DEIX) Announces Parent Company Name Change and New Senior Officers...
en2go(TM) International, Inc. Engages Carlaris, Inc. to Provide Financial and Accounting...
Informatica's U.S. Support Service Center Earns SSPA 'Rated Outstanding'...
Phoenix Technologies to Present at Collins Stewart Growth Conference on Wednesday, July 9,...
Tower Semiconductor Chosen as Strategic Supplier for a Select Portfolio of CMOS Products...
Synaptics VP to Present at CONNECTIONS(TM) 2008 Conference
Radware's APSolute Immunity(TM) Provides Networks With Ability to Fight Emerging...
Ceragon FibeAir(R) IP-10 Achieves Metro Ethernet Forum CertificationFibeAir IP-10 is now...
South Africa's Office of the Public Protector Does Justice With SAP SolutionState...
BT Americas Signs Joint Marketing Agreement With SAP America
EL SEGUNDO, Calif. and NEWTOWN SQUARE, Pa., June 23
/PRNewswire-FirstCall/ -- BT Americas, Inc. ("BT") and SAP America, Inc. ("SAP") today announced that they have signed a joint marketing agreement to promote BT's telecommunications services and solutions and SAP's business software applications to customers and prospects.
BT, one of the world's leading providers of communications solutions and services operating in 170 countries, and SAP America, a subsidiary of SAP AG, the world's leading provider of business software solutions, plan to explore ways to drive next-generation products and services, leveraging the capabilities of SAP(R) applications and BT's Software Development Kit to create an innovation ecosystem of embedded intelligence and capabilities within BT's 21st century network.
"IT is increasingly recognized as a strategic enabler of transformation by enterprises of all sizes," said Michael Boustridge, president, BT Americas. "Bringing together BT's and SAP's complementary technologies offers our joint customers more effective enterprise-wide solutions, helping them utilize IT to meet their business goals. The JMA between SAP and BT deepens the global delivery capabilities of BT around SAP applications. We anticipate it being a springboard for future SAP and BT solutions."
"We are excited to be working with BT, which will support SAP applications and enhance our capabilities to deliver end-to-end services to customers," said Bill McDermott, president and CEO, SAP Americas and Asia Pacific Japan. "We will work to align our sales, service and support organizations with those from BT to enhance the value our customers receive from their enterprise applications."
About SAP
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 47,800 customers (excludes customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." (For more information, visit http://www.sap.com/)
About BT
BT is one of the world's leading providers of communications solutions and services operating in 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to our customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale.
In the year ended 31 March 2008, BT Group plc's revenue was 20,704 million pounds Sterling with profit before taxation and specific items of 2,506 million pounds Sterling.
British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.
For more information, visit http://www.bt.com/aboutbt.
(*) SAP defines business software as comprising enterprise resource planning and related applications.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Copyright (C) 2008 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
BT Americas, Inc.
CONTACT: Maria Cubeta of SAP, +1-917-216-4910, maria.cubeta@bm.com; or Diane Noe, +1-703-755-6215, Diane.noe@bt.com or Eileen Connolly, +1-908-410-1419, Eileen.connolly@bt.com, both of BT
Web site: http://www.btplc.com/ http://www.sap.com/
Emageon and Oliver Press Partners Settle Proxy ContestAugustus K. Oliver, Benner Ulrich and Another Director Selected by Oliver Press to Join Board of Directors; Strategic Alternatives Committee to Pursue all Options Including a Sale of the Company
BIRMINGHAM, Ala., June 23 /PRNewswire-FirstCall/ -- Emageon Inc. and Oliver Press Partners, LLC announced today that they have reached an agreement under which three new directors will join the Emageon Board of Directors. Augustus Oliver, a principal of Oliver Press Partners and Benner Ulrich, Director of Research at Oliver Press Partners, will be elected to the Board today for a term expiring at the 2010 Annual Meeting, and a third new independent director selected by Oliver Press will also be added for a term expiring at the 2011 Annual Meeting. Additionally, Benner Ulrich and the to-be-named new director, upon his election, will be appointed to the company's Strategic Alternatives Committee, which has a broad mandate to pursue all strategic alternatives for Emageon, including a sale of the company.
The size of the Board will temporarily be increased from 8 to 10 directors. As a condition of the agreement, Oliver Press will end its efforts to elect a slate of three nominees to the Board and will vote its shares in support of the company's slate of nominees.
Emageon has agreed to adjourn the company's Annual Meeting of shareholders until July 8, 2008 in order to give shareholders an opportunity to consider the settlement prior to voting. Promptly after the conclusion of the Annual Meeting, Charles A. Jett and Douglas D. French will resign from the Board and Mr. Jett will continue to serve as Chief Executive Officer at the discretion of the Board thereafter. In addition, upon the resignation of Mr. French, one of the existing directors with a term expiring at the 2010 Annual Meeting will fill his vacancy with a term expiring at the 2009 Annual Meeting. Following the 2008 Annual Meeting, the size of the Board will be fixed at nine directors.
Hugh Williamson, Lead Independent Director of Emageon, said "This resolution will enable the Board to continue its efforts to identify and pursue the best interests of Emageon, its shareholders, employees and customers."
Gus Oliver also endorsed the agreement. "We have a high level of confidence in Emageon and its products which are installed in over 600 facilities and are used by thousands of physicians every day to enhance their delivery of health care to their patients. With a unified Board that incorporates strong representation by significant shareholders, we expect that the Company will be able to pursue a course in the best interests of its customers, employees and stockholders."
About Emageon Inc.
Emageon provides information technology systems for hospitals, healthcare networks and imaging facilities. Its enterprise family of solutions includes RadSuite(TM), HeartSuite(TM) and other specialty suites. All Emageon solutions are built on a unified Enterprise Content Management system offering advanced visualization and infrastructure tools for the clinical analysis and management of digital medical images, reports and associated clinical content. Emageon's standards-based solutions are designed to help customers enhance patient care, automate workflow, lower costs, improve productivity and provide better service to physicians. For more information, please visit http://www.emageon.com/.
Forward Looking Statements
This press release contains forward-looking statements about Emageon that represent the Company's current views with respect to, among other things, future events and financial performance. Any forward-looking statements contained in this press release are based on Emageon's historical performance and on current plans, beliefs and expectations. Actual results may differ materially from those expressed or implied by such forward-looking statements as a result of various risks, uncertainties and other factors beyond its control. These risks, uncertainties and other factors include, among others, the risk that it may not compete successfully against larger competitors, risks associated with the cyclical nature of its industry and changes in economic conditions in general, risks associated with its history of operating losses, risks associated with changes in its primary market for PACS radiology systems and the recent decline in PACS radiology system sales orders, risks associated with fluctuations in its quarterly operating results, risks associated with the recent decline in the market price of its common stock, risks associated with the nomination of a competing slate of directors for election at this year's annual meeting of stockholders, the risk of loss of its senior executive management, risk associated with expansion of its market and selling efforts into new product segments, the risk that its target markets do not develop as expected, the risk that its acquisitions could result in integration difficulties, dilution or other adverse financial consequences, the risk of failure to raise additional capital on acceptable terms, risks associated with its reliance on continuing relationships with large customers, the risk of significant product errors or product failures, the risk of its reliance on reseller arrangements for important components of its solution, the risk that it may not respond effectively to changes in its industry, the risk of its customers' reliance on third party reimbursements, and the risk of the potential impact on its business of Food & Drug Administration (FDA) regulations and other applicable health care regulations. Additional information concerning these and other factors that could affect Emageon's financial and operating results may be found under the heading "Risk Factors" and elsewhere in the Company's Form 10-K for the year ended December 31, 2007, which was filed with the Securities and Exchange Commission on March 17, 2008.
Important Information
On May 19, 2008, Emageon Inc. filed with the Securities and Exchange Commission a definitive proxy statement and accompanying WHITE proxy card in connection with its annual meeting of stockholders, and on May 21, 2008 it began mailing these proxy materials to its stockholders. Emageon stockholders are strongly advised to read Emageon's proxy statement as it contains important information. Stockholders may obtain the proxy statement, any amendments or supplements to the proxy statement, and the annual, quarterly and current reports and other information filed by Emageon with the Securities and Exchange Commission for free at the Internet website maintained by the Securities and Exchange Commission at http://www.sec.gov/. Copies of the definitive proxy statement and any amendments and supplements to the definitive proxy statement are also available for free at Emageon's Internet website at http://www.emageon.com/ or by writing to Emageon Inc., 1200 Corporate Drive, Suite 200, Birmingham, Alabama 35242, Attn: Corporate Secretary. In addition, copies of Emageon's proxy materials may be requested by contacting our proxy solicitor, Morrow & Co., LLC at (800) 662-5200. Emageon's directors and certain of its officers may be deemed to be participants in the solicitation of proxies from its stockholders in connection with the annual meeting. Information identifying these participants and describing their direct and indirect interests is available in Emageon's definitive proxy statement filed with the Securities and Exchange Commission on May 19, 2008.
Emageon Inc.
CONTACT: John Wilhoite, Emageon, +1-205-259-2831; or Susan Noonan, The SAN Group, LLC, +1-212-966-3650
Web site: http://www.emageon.com/
Oracle Announces Creation of Health Sciences Global Business UnitNew Organization to Help Pharmaceutical, Biotechnology, Medical Device and Healthcare Companies Accelerate Insights for Better Health
BOSTON, June 23 /PRNewswire-FirstCall/ -- DIA 44th Annual meeting --
-- Responding to continued growth in clinical trials as well as the increasing linkages across life sciences, diagnostics and healthcare, Oracle today announced the formation of a new Global Business Unit focused on software applications for the health sciences industry. Neil de Crescenzo has been named Senior Vice President and General Manager for the business unit.
-- The Oracle Health Sciences Global Business Unit will build on Oracle's proven track record in the sector. Today, 20 of the 20 top pharmas and 14 of the 15 top U.S. hospitals run Oracle.
-- The Oracle Health Sciences Global Business Unit will help health sciences organizations discover, develop and successfully market innovative products and services to prevent and cure disease, enhance quality of life and meet their shareholder and stakeholder expectations.
-- Oracle today offers the sector's most comprehensive suite of software applications for clinical development. These products can be deployed individually or together and include Oracle Clinical, Oracle Remote Data Capture, Oracle Thesaurus Management System, Oracle Adverse Event Reporting System, Oracle Life Sciences Data Hub and Oracle's Siebel Clinical Trial Management System.
-- Oracle's application platform for health sciences helps companies bring together all the critical aspects of the clinical development, safety and pharmacovigilance processes into a single, open platform built on state-of-the-art technology.
-- Oracle's clinical applications provide a streamlined system for managing large volumes of patient data collected during clinical trials. They offer features for modeling any kind of clinical study, automatically storing components for reuse in a flexible global library.
-- The company also offers Oracle Healthcare Transaction Base, which helps healthcare companies simultaneously improve patient care and control costs by providing a foundation for interoperability and integration of existing and new systems.
Supporting Quotes
-- "Accenture believes the industry needs to move to a more integrated set of clinical capabilities to realize the strategic value of the data available to support research and development," said Arjun Bedi, Global Lead of Accenture's Health & Life Sciences R&D practice. "We welcome efforts like Oracle's to bring together and enhance the necessary components to enable such a capability. With our range of services and the right software components, we can help our clients realize more business value from their R&D investments."
-- "There is a dramatic transformation taking place today in life sciences, diagnostics and healthcare in order to accelerate insights for better health. The creation of the Oracle Health Sciences Global Business Unit signals Oracle's commitment to this important sector and our focus on delivering value to health sciences organizations by offering them a comprehensive set of capabilities and superior ownership experience," said Neil de Crescenzo, Senior Vice President and General Manager, Oracle Health Sciences Global Business Unit.
Supporting Resources
Oracle in Health Sciences
http://www.oracle.com/industries/health_sciences/index.html
Oracle Clinical Applications
http://www.oracle.com/industries/life_sciences/clinical.html
Oracle Life Sciences Applications Receive Positive Rating from Leading Analyst Firm
http://www.oracle.com/corporate/press/2008_mar/lsamarketscope.html
Oracle Life Sciences Customer Success
http://www.oracle.com/customers/industries/lifesciences.html
Oracle Healthcare Transaction Base
http://www.oracle.com/industries/healthcare/htb.html
About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com/.
Trademark
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO)
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Oracle
CONTACT: Kevin Ruane of Oracle, +1-650-506-6610, kevin.ruane@oracle.com
Web site: http://www.oracle.com/
Memorex(R) SimpleSave DVDs are a Neat and Easy Way to Back Up Summer Vacation Photos and VideosIt's Software ... It's Recordable Media ... It's the All-in-One Solution that Backs Up, with Just a Click
CERRITOS, Calif., June 23 /PRNewswire-FirstCall/ -- Consumers will use their digital cameras more than ever this summer to capture memories and thrilling moments from family vacations, backyard get-togethers and warm weather activities. Memorex, the leading brand of optical media at U.S. retail and a portfolio brand of Imation Corp. , offers Memorex SimpleSave Photo & Video Back-Up DVDs, an easy and hassle-free way to back up those precious summer pictures and safeguard them against heartbreaking loss due to PC crashes. Available now, the discs are record-once DVDs with embedded software that automatically finds, organizes and backs up photo and video files on PCs and connected drives. The software is auto-launching and requires no installation, making SimpleSave a totally new way to back up content with almost no effort required.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080623/AQM052)
Armed with their ubiquitous digital cameras, Americans are turning into prolific digital photographers. According to Forrester Research, more than six in every 10 U.S. individuals now own a digital camera, take an estimated 28 photos per month and transfer nearly all of them into their home computer(1). However, even as these avid photogs create hundreds or even thousands of digital snapshots each year, they do not back them up regularly to protect against accidental loss from a virus, hard drive crash or other data loss situation. According to Harris Research only 4 percent of consumers regularly back up data on their PCs.
"The process of backing-up your PC can be a laborious, time-consuming and complicated task," said Carla Pihowich, Memorex brand manager, Imation Corp. "Many consumers don't want the hassle of having to deal with complicated back-up software, and yet they know they should be taking steps to preserve their irreplaceable digital photos. Memorex has come up with a simple solution that takes the pain out of digital photo back up, so consumers can focus on other things, like family time and vacation fun." With Memorex SimpleSave DVDs, a user inserts a disc into the DVD burner on their PC and the photo back up software starts to load and search for photo and even video files instantly. With just one easy click, the software burns the files back onto the very same disc that the software launched from.
Memorex SimpleSave Photo and Video Back-Up DVDs are an ideal solution for photography hobbyists, memory keepers, busy moms and anyone who owns a digital camera. In just one step, summer travelers can store an entire season of photographs on one DVD. Once inserted, the Memorex SimpleSave DVD automatically searches for photo and video files, and saves up to 2,000 photos on a single disc. For the happy snapper who took more photos this summer than a single disc can hold, the SimpleSave software will automatically alert them to how many discs are needed to back up all photo and video files. Advanced options also offer the choice to designate which file types should be located and saved, as Memorex SimpleSave discs recognize more than 40 different image and 50 video file formats.
Pricing and Availability
Memorex SimpleSave Photo & Video Back-Up DVDs are available in packs of five discs with slim storage cases for a suggested retail price (SRP) of $14.99 per pack. The discs are available this summer at Fry's Electronics and OfficeMax stores nationwide.
Is it live or is it Memorex?(R)
Memorex is one of the most trusted and recognized consumer brands in modern marketing history. A portfolio brand of Imation Corp. , Memorex is the U.S. market share leader in optical media and media accessories at retail and one of the best known names in the consumer electronics industry. Memory makers and memory keepers turn to Memorex for simple and stylish products that capture, save and share precious moments in music, video and pictures. Memorex reaches into millions of homes with optical and high-definition media and drives, media accessories, home audio and video equipment, MP3 players, digital picture frames, iPod(R) electronics accessories, and LCD televisions that are stylish and simple in form and function. For more information about Memorex, please visit http://www.memorex.com/.
(1) Forrester Research, "U.S. Digital Camera Owners Move Photos Online,"
J.P. Gownder and Alexander Hesse, April, 2, 2008.
Memorex, the Memorex logo, eMemorex, "Is it live or is it Memorex?" and Imation are trademarks of Imation Corp. and its subsidiaries.
SimpleSave(TM) is a trademark of Hewlett-Packard Company, used under license.
Photo capacity based on average JPEG size of 2 MB per photo. Actual results may vary depending upon photo size.
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Imation Corp.
CONTACT: Josie Lee, +1-602-808-1162, jlee@brodeur.com, or Sarah Sbordonne, +1-602-808-1167, ssbordonne@brodeur.com, both of Brodeur Partners, for Imation Corp.
Web site: http://www.imation.com/
ShoreTel Expands Global Partnership with Black BoxCompanies Bring Pure IP Unified Communications to Australia and UK
SUNNYVALE, Calif., June 23 /PRNewswire-FirstCall/ -- ShoreTel(R), Inc. , a leading provider of Pure IP Unified Communications solutions, and Black Box Corporation , the world's largest technical services company, today announced an expansion of their strategic alliance in which Black Box will deliver ShoreTel's solutions to customers throughout Australia and the UK.
With a strong partnership already established across the United States and Canada, ShoreTel and Black Box build on existing success in delivering IP Unified Communications solutions to SMB and enterprise-class organizations, including some of the most demanding FORTUNE 1000 organizations.
"Expanding our relationship with ShoreTel furthers our commitment to bringing only the best telecom products and services to our customers worldwide," said Brendan Tobin, Black Box managing director UK and Ireland, and Denzil Stephenson, Black Box country manager ANZ, "Black Box has had a long standing relationship with ShoreTel and we look forward to working together to bring reliable, scalable one-stop shop solutions to our customers."
Black Box is the world's largest voice and data networking company employing over 5,000 staff and with more than 175,000 clients in 141 countries around the world. Black Box offers complete communications solutions including evaluation, design, procurement, implementation and maintenance of data and voice network infrastructure systems. The expansion of the company's relationship with ShoreTel adds local presence in Australia and the UK to Black Box's global support of ShoreTel customers. In Europe, ShoreTel will begin work with Black Box in the UK with plans to expand Black Box's reach across 15 countries.
"Enterprise and SME customers in Europe expect and demand local service and support. By partnering with such an established technical services provider as Black Box, we can drive the expansion of our business and ensure that our global customers continue to be delighted by delivering the support they need on their doorstep. The growth of this strategic global alliance will enable us to deliver a reliable, flexible and easy-to-use unified communications solution to an already established customer base," said Mark Swendsen, EMEA managing director of ShoreTel.
ShoreTel's Pure IP Unified Communications solutions provide customers with a number of key benefits, including ease of use, manageability and lower total cost of ownership than alternative solutions. ShoreTel's distributed software architecture and switched-based hardware platform extend enterprise-class voice services to every office and remote location, keeping employees fully connected wherever they go.
"Our expanded relationship with Black Box is another important step in our commitment to help enterprises of all sizes reap the collaboration and productivity benefits that distributed unified communications make possible," said Mark Arman, vice president of business development of ShoreTel. "ShoreTel is proud to work with a company of Black Box's caliber and we believe customers will receive the best solutions and services as a result."
About Black Box
Black Box is a leading provider of voice and data network infrastructure services and products. It is one of the world's largest technical services company dedicated to designing, building and maintaining data and voice infrastructure systems. The company serves 175,000 clients from 187 offices location in North & South America, Canada, Europe and Asia Pacific. To learn more, visit the Black Box website at http://www.blackbox.com/.
About ShoreTel, Inc.
ShoreTel, Inc., is a leading provider of Pure IP Unified Communications solutions. ShoreTel enables companies of any size to seamlessly integrate all communications-voice, video, messaging and data-with their business processes. Independent of device or location, ShoreTel's distributed software architecture eliminates the traditional costs, complexity and reliability issues typically associated with other solutions. ShoreTel continues to deliver the highest levels of customer satisfaction, ease of use and manageability while driving down the overall total cost of ownership. ShoreTel is headquartered in Sunnyvale, California, and has regional offices in the United Kingdom, Sydney, Australia and Munich, Germany. For more information, visit http://www.shoretel.com/ or call 1-877-80SHORE.
Media Contacts:
Andy Achimu Kim Rose
AxiCom ShoreTel, Inc
+44 (0)20 8392 4071 408-331-3357
andrew.achimu@axicom.com krose@shoretel.com
ShoreTel, Inc.
CONTACT: Andy Achimu of AxiCom, +44 (0)20 8392 4071, andrew.achimu@axicom.com, for ShoreTel, Inc; or Kim Rose of ShoreTel, Inc, +1-408-331-3357, krose@shoretel.com
Web site: http://www.shoretel.com/ http://www.blackbox.com/
ZipRealty Selects Centive Compel(R) to Automate Sales Compensation for Nationwide Network of ZipAgents
LOWELL, Mass., June 23 /PRNewswire/ -- Centive, the leader in on-demand solutions for sales compensation and sales performance management, today announced that ZipRealty, Inc. , a leading national real estate brokerage operating in 34 major markets in 19 states and the District of Columbia, has selected Centive Compel to automate sales compensation management and drive agent sales performance.
As one of the nation's fastest growing real estate brokerages, ZipRealty, Inc. provides its clients an innovative on-line solution for buying and selling homes, researching local markets and finding local agents. ZipRealty's licensed employee ZipAgents offer years of experience in their local communities, and provide customers with professional, personalized service backed by guaranteed client satisfaction.
"In a competitive real estate marketplace, we want to be sure our agents are highly motivated to provide the best possible service to help our clients buy and sell their homes," said David Rector, chief financial officer, ZipRealty, Inc. "A competitive and well-managed sales compensation program provides that motivation. We look forward to using Compel to automate our compensation programs, and especially to provide our ZipAgents with secure, web-based dashboards so they can monitor their own earnings and performance."
Centive Compel is an affordable, on-demand solution that automates the entire sales compensation process in one secure, centralized system. Compel provides powerful tools like plan modeling, commission expense forecasting, custom reporting and performance analytics to help companies optimize plan effectiveness and drive sales performance and top-line revenue growth. Compel supports compliance initiatives such as Sarbanes Oxley by providing accuracy, security, automated process controls and a complete, valid audit trail. Centive is the only on-demand sales compensation management vendor to earn a SAS 70 Type II control review certification.
"As a publicly traded company, security and compliance are two of the key requirements for our sales compensation solution," added Mr. Rector. "Compel proved to be the best solution for our requirements, and Centive has demonstrated its commitment to the product by obtaining a SAS 70 Type II certification."
"ZipRealty is clearly a leader in the use of both on-line technology and experienced agents to support their clients' real estate transactions," said Michael Torto, president and CEO, Centive. "They are also a leader in the use of technology to support internal business processes. That's why we are especially pleased that ZipRealty selected Compel as the best solution for managing sales compensation and motivating their ZipAgents to achieve the highest levels of success."
About Centive
Centive, headquartered in Lowell, MA, is the recognized leader in on- demand sales performance management. Companies use Centive Compel, hailed by CIO Magazine as the "most widely used choice for sales compensation management," to accurately model and forecast commission costs, calculate commission and bonus earnings and gain real-time visibility into sales performance metrics. Compel, a salesforce.com AppExchange certified solution, is a winner of the CODiE award for "Best Financial Software," the CRM Excellence and Product of the Year awards from Customer Inter@ction Solutions, and the CRM WizKids Award from Beagle Research. Centive is the first and only on-demand sales compensation / sales performance management vendor to be recognized as a SAS-70 Type II service provider. To learn more about Centive, please visit http://www.centive.com/ or call 1-877-CENTIVE
Centive, Compel, Inspire Performance, From Prospect to Paycheck and the Carrot logo are registered trademarks of Centive, Inc. All other company or product names are or may be trademarks of their respective owners.
Media Contact: Cindy Martin
Centive
781-852-3500
cmartin@centive.com
Centive
CONTACT: Cindy Martin of Centive, +1-781-852-3500, cmartin@centive.com
Web site: http://www.centive.com/
Concuity Announces Partnership with Financial Healthcare Systems, LLCPartnership Expands Concuity's Product Suite by Adding Price Transparency
VERNON HILLS, Ill. and DUBLIN, Ireland, June 23 /PRNewswire-FirstCall/ -- Concuity, a healthcare division of Trintech and a leading provider of contract management and revenue recovery technology ("Peer Reviewed by HFMA") and services, today announced its partnership with Financial Healthcare Systems (FHS Corp), a provider of a web-based solution for credible procedural price estimates that provides patients with specific out-of-pocket costs, allowing them to better plan for impending medical expenses, while giving hospitals the ability to more accurately project revenue. By partnering with FHS Corp, Concuity further enhances its value proposition for hospitals seeking to increase customer satisfaction, streamline operations, and improve revenue calculation.
PriceAdvisor, developed as a result of this technology partnership, will provide a seamless interface from the ClearContracts system to accurately calculate patient financial responsibility at any point during a patient encounter. Calculations are based on actual contractual agreements that providers have with insurance companies for covered patients.
"Our goal is to gather pricing information and disseminate it in a manner that will be of use to the healthcare consumer. The toughest barrier for most hospitals is the availability of tools with which they can present this data to patients. Many hospitals work with a blue bar sheet from their Charge Description Master," said Travis Gentry, President for FHS Corporation. "Concuity's PriceAdvisor, integrated with its contract management system, will leverage contract management data so that hospitals can estimate what it costs for a particular diagnosis or procedure, what a payer will pay, and what a patient can expect their balance to be. The marriage of ClearContracts with a price transparency application makes perfect sense."
"Our partnership with FHS Corporation will provide additional growth opportunities for both companies and it represents an important addition to our well-established ClearContracts suite," said Ed Gallo, EVP for Concuity. "Additionally, we're pleased to provide an application that benefits both consumers and hospitals. Consumers get patient-friendly billing, which incorporates their specific condition and insurance coverage and hospitals get a system which enables them to earlier and better forecast revenue."
About Financial Healthcare Systems, LLC (FHS Corp)
Founded in 2005, FHS Corp is a national company focused on providing innovative financial healthcare systems. The Denver-based company provides a web-based solution, ACE Logicus(TM), which generates credible procedural price estimate that provide patients with specific out-of-pocket costs. This allows patients to plan for potential medical expenses. FHS Corp has gained national recognition for their work on Capitol Hill advocating for price transparency within the healthcare industry. For more information, please visit http://www.fhscorp.net/ or call 303-216-0202.
About Concuity
Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions on a SAAS platform, including ClearContractsTM which has been reviewed by HFMA and features the notable "Peer Reviewed by HFMA" mark, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance.
Concuity's rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 847-465-6003 or visit http://www.concuity.com/.
About Trintech Group
Trintech Group Plc is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech's recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.
Over 600 leading global organizations realize the benefits of Trintech's configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer's Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.
Trintech's technology enables our customers to ensure their internal financial processes are optimized, improve performance through stronger management of revenue and cost cycles, ensure the accuracy and integrity of financial data, improve the quality and efficiency of the financial close process, as well as reduce the risk of material weaknesses and restatements.
For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at http://www.trintech.com/ or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.
Trintech - 15851 Dallas Parkway, Suite 900 - Addison, TX 75001 - Tel 1 972 701 9802
Trintech UK Ltd. - Warnford Court, 29 Throgmorton St. - London EC2N2AT, UK - Tel +44 (0) 20 7628 5235
Trintech Technologies - Block C, Central Park - Leopardstown, Dublin 18, Ireland - Tel +353 1 293 9840
Trintech - Cypresbaan 9 - 2908 LT Capelle a/d Ijssel, The Netherlands - Tel +31 (0) 10 8507 474
Trintech Press Contact
Dallas: Donna Martinez, Marketing Communications Manager, Trintech
Tel. +1 972 739 1611. email:donna.martinez@trintech.com
Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Ed Gallo http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=75899
Concuity
CONTACT: Donna Martinez, Marketing Communications Manager of Trintech, +1-972-739-1611, donna.martinez@trintech.com
Web site: http://www.concuity.com/ http://www.trintech.com/ http://www.fhscorp.net/
Wonder Auto Technology Reports Results of the 2008 Annual Meeting of Stockholders
JINZHOU CITY, Liaoning, China, June 23 /Xinhua-PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced the results of its 2008 Annual Meeting of Stockholders held on Friday, June 20, 2008 in Beijing.
At the annual meeting, Mr. Qingjie Zhao, Wonder Auto's Chairman and Chief Executive Officer, Mr. Meirong Yuan, the Company's Chief Financial Officer and Treasurer, Mr. Larry Goldman, Mr. David Murphy, and Mr. Xingye Zhang, were all re-elected to the Board of Directors. Also at the annual meeting, the Wonder Auto Technology, Inc. 2008 Equity Incentive Plan was approved by shareholders, and PFK Hong Kong, Certified Public Accountants, was approved as the Company's independent registered public accounting firm.
About Wonder Auto
Based in Jinzhou City, Liaoning, China, Wonder Auto, through its Chinese subsidiaries, designs, develops, manufactures and sells automotive electrical parts and suspension products. Wonder Auto was ranked second in sales revenue in the China market for automotive alternators and starters in 2006. With 5 different series and over 150 models of alternators, 70 models of starters and various suspension related parts, the Company supplies a wide range of automakers, engine producers and auto parts suppliers both in domestic China and overseas. Wonder Auto's main customers include Beijing Hyundai Motor Company, Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd., Harbin Dongan Automotive Engine Manufacturing Co., Ltd., and Tianjin FAW Xiali Automotive Co., Ltd. For more information, please log on http://www.watg.cn/ .
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, among others, all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of the Company to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to the use of proceeds for the recent private placement, new and existing products, product defects and any related product recall; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China; any statements of belief or intention; any of the factors and risks mentioned in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2007 and any subsequent SEC filings. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.
For further information, please contact:
Yuechun Xie
Investor Relations Manager
Wonder Auto Technology, Inc.
Tel: +86-800-890-2596
Tel: +86-416-266-1186
Email: ycxie@watg.cn
Kevin Theiss
Investor Relations
The Global Consulting Group
Tel: +1-646-284-9409
Email: ktheiss@hfgcg.com
Stacy Dimakakos
Media Relations
The Global Consulting Group
Tel: +1-646-284-9417
Email: sdimakakos@hfgcg.com
Wonder Auto Technology, Inc.
CONTACT: Yuechun Xie, Investor Relations Manager of Wonder Auto Technology, Inc., Tel: +86-800-890-2596, or +86-416-266-1186, or ycxie@watg.cn; or Kevin Theiss, Investor Relations of The Global Consulting Group, +1-646- 284-9409, or ktheiss@hfgcg.com; or Stacy Dimakakos, Media Relations of The Global Consulting Group, +1-646-284-9417, or sdimakakos@hfgcg.com
Web site: http://www.watg.cn/
AsiaInfo to Upgrade China Unicom's Rechargeable Card System to Support Nationwide Rechargeable Card
BEIJING and SANTA CLARA, Calif., June 23 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. , a leading provider of telecom software solutions and IT security products and services in China, today announced that it has signed a contract with China Unicom to upgrade its rechargeable mobile phone card system in China Unicom's headquarters and subsidiaries in Hunan and Fujian provinces. The new system will allow China Unicom to centralize management of its rechargeable card systems in various provinces.
"We are pleased to leverage our best-of-class technology to optimize China Unicom's business and allow the company to provide more convenient and user- friendly services that will help it differentiate its service offering in the face of increased competition," said Steve Zhang, AsiaInfo's president and chief executive officer. "As a long-term strategic partner of China Unicom, we will continue to devote our experience in developing full-service operational support systems and in-depth understanding of China's telecommunications industry to help China Unicom increase its competitiveness after China's telecom industry restructuring."
The upgrade of the rechargeable card system will involve the modification of multiple China Unicom systems including its existing customer relationship management ("CRM") and billing systems. The upgrade will enable China Unicom to consolidate its numerous existing independent rechargeable card systems in each province to realize centralized management of the entire system. By utilizing the nationwide system, subscribers will be able to add money to their mobile phone accounts via multiple channels including Integrated Voice Response ("IVR") and Short Message Service ("SMS") and in any of the 31 provinces, municipalities and special administrative regions in China.
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. is a leading provider of high- quality telecom software solutions and IT security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of IT security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.
Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.
For more information about AsiaInfo, please visit http://www.asiainfo.com/ .
The information contained in this document is as of June 23, 2008. AsiaInfo assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments.
This document contains forward-looking information about AsiaInfo's operating results and business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: government telecommunications infrastructure and budgetary policy in China; our ability to maintain our concentrated customer base; the long and variable billing cycles for our products and services that can cause our revenues and operating results to vary significantly from period to period; our ability to meet our working capital requirements; our ability to retain our executive officers; our ability to attract and retain skilled personnel; potential liabilities we are exposed to because we extend warranties to our customers; risks associated with cost overruns and delays; our ability to develop or acquire new products or enhancements to our software products that are marketable on a timely and cost-effective basis; our ability to adequately protect our proprietary rights; the competitive nature of the markets we operate in; political and economic policies of the Chinese government. A further list and description of these risks, uncertainties, and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2007, and in our periodic reports on Forms 10-Q and 8-K (if any) filed with the United States Securities and Exchange Commission and available at http://www.sec.gov/ .
For more information, please contact:
For Investors:
Sheryl Zhang
AsiaInfo Holdings, Inc.
Tel: +86-10-8216-6039
Email: ir@asiainfo.com
For Media:
Andrew Keller
Ogilvy Public Relations Worldwide
Tel: +86-10-8520-3112
Email: andrew.keller@ogilvy.com
AsiaInfo Holdings, Inc.
CONTACT: For investors, Sheryl Zhang of AsiaInfo Holdings, Inc., +86-10- 8216-6039, or ir@asiainfo.com; for media, Andrew Keller of Ogilvy Public Relations Worldwide for AsiaInfo Holdings, Inc., +86-10-8520-3112, or andrew.keller@ogilvy.com
Web site: http://www.asiainfo.com/
U.S. Army Dental Command Selects Harris Corporation for $12 Million IT Services Program under NETCENTS Contract
FALLS CHURCH, Va., June 23 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, announces the award of a contract to provide application and network support for the U.S. Army Dental Command Information Management & Technology Division. The task order, with a ceiling of $11.6 million, was issued through the U.S. Air Force Network Centric Solutions (NETCENTS) contract vehicle for a base period of one year, with two one-year options.
Harris Information Technology (IT) Services will provide local operations and support to the U.S. Army Dental Command at Ft. Sam Houston, Texas, and other Army dental clinics at locations around the world. Specific requirements include support to develop, operate, maintain, and enhance the Corporate Dental Application (CDA) and database, the Digital Enterprise Viewing & Acquisition Application (DEVAA) and database, the DENCOM Web page, the dental digital Web portal -- an offsite disaster recovery solution, and an asset management solution. Harris IT Services also will provide development of new modules including worldwide support to DENCOM customers' dental clinics and dental enterprise digital radiography programs as needed.
"Harris is honored that we have been selected to support requirements key to ensuring the health of the warfighter," said John Heller, vice president, DoD Operations, Harris IT Services. "This contract win supports our further expansion into the healthcare IT market, and we look forward to bringing our track record of success with the NETCENTS program to the U.S. Dental Command."
The Harris team is comprised of ASM Research of Fairfax, Virginia, STG of Reston, Virginia, and Atlantic Comm-Tech of Norfolk, Virginia.
Harris Information Technology Services is a leading provider of IT and communications services to defense, intelligence, homeland security, and civil customers. With the recent acquisition of Multimax Inc., over 3,000 professionals are now operating at locations worldwide, supporting large- scale, mission-critical networks with technical expertise and unparalleled customer commitment through the full technology lifecycle. Multimax Inc., part of Harris IT Services, holds the NETCENTS prime contract.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of more than $5 billion and more than 16,000 employees-including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/.
Forward-Looking Statements
This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about the expected value of the program to Harris are forward-looking and involve risks and uncertainties. Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Harris Corporation
CONTACT: CeeCee L. Evans, ceecee.evans@harris.com, +1-703-480-2615, Harris Information Technology Services, or Jim Burke, Corporate Headquarters, jim.burke@harris.com, +1-321-727-9131, or Marc Raimondi, Harris Corporation - Washington, D.C., marc.raimondi@harris.com, +1-703-739-1738
Web site: http://www.harris.com/
Logility Customer Honored as a High Achiever at Managing Automation's 2008 Progressive Manufacturing AwardsIntertape Polymer Group Inc. Receives Top Award for Supply Network Mastery
ATLANTA, June 23 /PRNewswire/ -- Logility, Inc. , a leading supplier of collaborative solutions to optimize the supply chain, today announced Intertape Polymer Group Inc., a leading tape and film manufacturer in North America and Logility Voyager Solutions(TM) user, has received Managing Automation's High Achiever Award, the highest recognition given for Supply Network Mastery at the 2008 Progressive Manufacturing Awards.
The 2008 Progressive Manufacturing Awards recognize manufacturers for accomplishments achieved using technology-driven business processes to better manage operational costs, and the growing challenges of globalization, outsourcing and off-shoring. Intertape Polymer Group Inc. was one of 50 manufacturers recognized as a Progressive Manufacturer and one of eight to receive a top award in a category of distinction. Managing Automation recognized manufacturers for achieving distinction in at least one of the eight core disciplines defined by the magazine as critical to future business success -- Business Model Mastery, Innovation Mastery, Customer Mastery, Supply Network Mastery, Data & Integration Mastery, Education and Training Mastery, Leadership Mastery and Operational Excellence. In addition to the Progressive Manufacturing 50 recognition, Intertape Polymer Group was awarded the High Achiever Award for the Supply Network Mastery category for successfully restructuring their supply chain processes to alleviate challenges that arose as a result of rapid growth through acquisitions. Intertape Polymer Group's new supply chain structure, supported by Logility Voyager Solutions(TM), has resulted in increased fill rates, higher forecast accuracy and reduced inventory.
"Intertape Polymer Group has built a more collaborative and efficient supply chain foundation and we are proud to be the technology partner that has supported them through this process," said Mike Edenfield, president and CEO, Logility. "Intertape Polymer Group has achieved impressive improvements in forecast accuracy, fill rates, and customer service and we congratulate them on receiving this prestigious recognition from Managing Automation."
The award was presented to Intertape Polymer Group at the Progressive Manufacturing Awards Gala Dinner held recently in Las Vegas. Logility was also recognized for the being the technology partner that played a key role in enabling Intertape Polymer Group's success in Supply Network Mastery. It is the second consecutive year that a Logility customer has been recognized as a Progressive Manufacturing High Achiever.
About Intertape Polymer Group Inc.
Intertape Polymer Group Inc. is a recognized leader in the development and manufacture of specialized polyolefin plastic and paper based packaging products and complementary packaging systems for industrial and retail use. Headquartered in Montreal, Quebec and Sarasota/Bradenton, Florida, the Company employs approximately 2,100 employees with operations in 17 locations, including 13 manufacturing facilities in North America and one in Europe.
About Logility
With more than 1,250 customers worldwide, Logility is a leading provider of collaborative, best-of-breed supply chain solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility Voyager Solutions is a complete supply chain management solution that features performance monitoring capabilities in a single Internet-based framework and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); supply and global sourcing optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include McCain Foods, Pernod Ricard, Sigma Aldrich, and VF Corporation. Logility is a majority owned subsidiary of American Software . For more information about Logility, call 1-800-762-5207 or visit http://www.logility.com/.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, changes in general economic conditions, technology and the market for the Company's products and services including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the effect of competitive products and pricing; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company's revenues. For further information about risks the Company could experience as well as other information, please refer to the Company's Form 10-K for the year ended April 30, 2007 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information about risks the Company could face as well as other information, contact Vincent C. Klinges, Chief Financial Officer, Logility, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777. FAX: (404) 264-5206 INTERNET: http://www.logility.com/ or E-mail: asklogility@logility.com.
All trademarks are properties of their respective owners.
Logility, Inc.
CONTACT: Michelle Duke of Logility, Inc., +1-404-264-5485, mduke@logility.com
Web site: http://www.logility.com/
Company News On-Call: http://www.prnewswire.com/comp/120967.html
Blue Cross and Blue Shield of Minnesota Enables Enterprise Content Management Improvement with Oracle(R) Universal Content ManagementProvider of Healthcare Products and Services Succeeds with Web Content Management Initiative, Looks to Expand Enterprise Content Management Footprint
REDWOOD SHORES, Calif., June 23 /PRNewswire-FirstCall/ -- -- Blue Cross and Blue Shield of Minnesota, the largest health plan in Minnesota, improved the quality of its Web content and significantly reduced the time and resources required to maintain its public Web site, as well as its intranet, by deploying Oracle Universal Content Management.
-- Using Oracle software, the organization has enabled line of business managers to update Web content without assistance from IT staff. As a result, Blue Cross and Blue Shield of Minnesota was able to more strategically allocate IT resources and reduce the time required for Web site updates from an average of three days to just 15 or 20 minutes.
-- Because the process for making site updates has been simplified by Oracle Universal Content Management, the organization can better serve its constituents by consistently providing them with the most up-to-date information on its products and services.
-- Blue Cross and Blue Shield of Minnesota's Web Content Management system is now accessed by hundreds of employees, and the number of users is growing rapidly. By 2009, the organization expects to have more than 4,000 employees using the system.
-- Building on the success of the first stage of its deployment, Blue Cross and Blue Shield of Minnesota plans to roll out additional components of Oracle Universal Content Management, including digital asset management and document management, while integrating several business applications into the system to create a true enterprise content management solution.
Supporting Quotes
-- "With Oracle Universal Content Management, our Web content is now in the hands of the business people. They completely own it. We don't have to have a Webmaster or anyone else from IT worrying about making sure content gets to the site," said Tom Chaffee, Principal Operations Architect, Blue Cross and Blue Shield of Minnesota.
-- "Long term, we need a content management system that provides a single content repository that can be integrated with a wide range of applications and content sources. Oracle Universal Content Management delivers the scalability and functionality we need along with the best tools for integration we have seen," said Chaffee.
Supporting Resources
Demo
Multisite Web Content Management
http://tinyurl.com/54syxu
Analyst Reports
Independent Analyst Reports on Oracle Enterprise Content Management http://www.oracle.com/corporate/analyst/reports/infrastructure/index.html#ocs
Podcasts
A Platform Approach to Managing Multiple Web Sites
http://tinyurl.com/3tt8kb
Related Press Releases
Oracle Expands Enterprise Content Management Portfolio with Launch of Oracle Universal Online Archive
http://tinyurl.com/4varq2
Oracle Strengthens Content Security, Enhances Content Management Platform
http://tinyurl.com/6mmd9o
Related Articles
InfoWorld 2008 Technology of the Year Awards
http://www.infoworld.com/archives/t.jsp?N=s&V=94327
Controlling the Content Evolution
http://www.oracle.com/technology/oramag/oracle/07-nov/o67content.html
Oracle Expert Blogs
Billy Cripe - Oracle Fusion ECM
http://blogs.oracle.com/fusionecm/
Related Resources
Download Oracle Software
http://www.oracle.com/technology/software/index.html
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About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com/.
Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
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Oracle
CONTACT: Greg Lunsford of Oracle, +1-650-506-6523, greg.lunsford@oracle.com; or Simon Jones of Blanc & Otus, +1-415-856-5155, sjones@blancandotus.com, for Oracle
Web site: http://www.oracle.com/
Leading Analyst Firm Positions Oracle's Siebel Multi-Channel Campaign Management Software in Leader's Quadrant
REDWOOD SHORES, Calif., June 23 /PRNewswire-FirstCall/ --
-- Oracle today announced that its Siebel Enterprise
Marketing Suite has been positioned in the Leader's Quadrant of the
Gartner Multi-Channel Campaign Management, 2008 Magic Quadrant
report.(1)
-- The Gartner Magic Quadrant evaluates vendors based on their
completeness of vision and their ability to execute on that vision.
-- According to Gartner, vendors in the Leaders Quadrant " ...
consistently do considerably better in overall campaign management
performance for basic and advanced campaign management, as well as for
integration with e-marketing. Leaders have high market visibility, high
market penetration, strong market momentum and a strategic vision for
growing the campaign management business."
-- Siebel Enterprise Marketing links strategy and planning to multi-
channel execution and measurement, and uniquely guides marketers
through tasks based on embedded best practices. It offers integrated
but modular solutions covering planning and resource management,
campaign management, segmentation and targeting, email and Web
marketing, events management, channel marketing, loyalty program
management, lead and response management and marketing analytics.
-- In 2007, Oracle delivered its latest suite of marketing applications,
Siebel Enterprise Marketing 8.0, which enables marketers to improve
response rates and increase revenues. Siebel Enterprise Marketing 8.0
is ideal for business-to-business organizations that need strong lead
management capabilities and tight integration with trade promotions and
sales force automation. This new release is also a clear choice for
business to consumer organizations, particularly in the retail and
travel industries, that need strong loyalty management capabilities.
Supporting Quotes
-- According to the Gartner report, "The multichannel campaign management
market continues to show strong growth. Marketing automation is the
fastest-growing CRM investment area, with approximately 14.7% compound
annual growth rate from 2007 through 2012."
-- "In my opinion, this strong growth is driven by marketers need to
deliver better campaign results. With customers in both B2B and B2C
industries, Siebel Marketing has demonstrated its ability to support
marketers looking to deliver measurable and successful campaigns," said
Oracle Vice President of Marketing and Loyalty Strategy, Melissa Boxer
Supporting Resources
-- Full report - http://tinyurl.com/5c33ot
-- Siebel Enterprise Marketing Suite homepage - http://tinyurl.com/5t5jpt
-- Siebel Enterprise Marketing Suite datasheet - http://tinyurl.com/546ae9
(1) Gartner, Inc. "Magic Quadrant for Multichannel Campaign Management, 2008" by Adam Sarner, April 25, 2008.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com/.
Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
Reference herein to third party content, including analysis, opinions, predictions and statements, does not constitute or imply Oracle's endorsement of or concurrence with such content.
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Oracle Corporation
CONTACT: Susie Penner of Oracle Corporation, +1-650-506-1973, susanne.penner@oracle.com; or Aaron Wessels of Blanc and Otus, +1-415-378-8090, awessels@blancandotus.com, for Oracle Corporation
Web site: http://www.oracle.com/
Salesforce.com Delivers New Force.com Toolkit for Google Data APIs, Giving Developers New Capabilities to Harness the Power of Cloud Computing for Application DevelopmentForce.com Toolkit for Google Data APIs enables developers to bring together the Force.com platform and Google's open APIsWill accelerate the creation of new multi-cloud-based applications
SAN FRANCISCO, June 23 /PRNewswire-FirstCall/ -- Salesforce.com , the market and technology leader in Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS) today expanded its global strategic alliance with Google, making it easier for developers to harness the power of cloud computing for Web and business application development and deployment. The new Force.com Toolkit for Google Data APIs provides a set of tools and services to empower developers to take advantage of Google Data APIs(TM), a common set of standard APIs for interacting with data in Google(TM) services, within their applications and projects on Force.com. Freely available at http://developer.force.com/ and http://code.google.com/p/apex-google-data/, the new toolkit will help developers bring together data and content in Google Apps(TM) with the database, logic and workflow capabilities in Force.com. The Force.com Platform-as-a-Service and Google's open APIs are creating new opportunities for partners and developers to build powerful new business applications delivered completely via the cloud.
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"Google and salesforce.com share a common vision for making the cloud accessible to all developers," said Vic Gundotra, vice president, engineering, Google. "Our work with salesforce.com will help make cloud computing increasingly accessible and powerful for developers, resulting in better Web applications and experiences."
"Bringing together the Google and salesforce.com platforms will enable the creation of powerful new applications delivered completely in the cloud," said Marc Benioff, chairman and CEO, salesforce.com. "Developers now can take advantage of the virtually unlimited power and infrastructure of multiple cloud computing architectures from Google and salesforce.com to build the next-generation of business applications."
Force.com Platform and Google's Open APIs - Enabling Developer Success
Salesforce.com and Google's alliance gives developers a multi-cloud computing platform for building and running applications. The Force.com Platform-as-a-Service, encompassing a complete feature set for the creation of business applications, and Google's open APIs and technologies, together will enable the creation of powerful new innovative applications delivered on the Web.
Additionally, the Force.com Toolkit for Google Data APIs creates new opportunities for developers and ISVs to extend the widely adopted Salesforce for Google Apps. The toolkit gives developers and partners the ability to create business applications that extend Salesforce for Google Apps as well as build entirely new applications to help customers run their entire business in the cloud. The toolkit will accelerate the creation of applications like sales quote generation and business forecasting that can be deployed by customers with just a few clicks via the AppExchange. Already, 6 of the top 10 applications on salesforce.com's AppExchange marketplace are Google-related partners, demonstrating the growing customer demand for third-party applications that leverage multiple cloud platforms.
CODA, one of Europe's leading financial applications providers, has built a Web application prototype that takes data from Google Spreadsheets and brings it directly into their Order-to-Cash module of CODA 2go, a financials application built on Force.com. The initial prototype can be used to perform a cost allocation over extracted transaction details from CODA 2go. Users can apportion new values by editing the cells used by formulas in the spreadsheet; the results are then posted in the form of a journal back into CODA 2go from within the Google Spreadsheet user interface via a Visualforce-powered Google Gadget(TM).
"Following the launch of the Salesforce for Google Apps, we have prototyped a CODA 2go-specific Google Apps integration," said Jeremy Roche, CEO of CODA, a leading European financials application provider. "Our experience of producing finance software over decades is that accountants love manipulating transactions in spreadsheets. Now in just a few weekends, we have produced an on-demand solution that uses Google Spreadsheets and Force.com."
New Force.com Toolkit for Google Data APIs
Freely available at http://developer.force.com/ and at http://code.google.com/p/apex-google-data/, the new Force.com Toolkit for Google Data APIs will help developers create new Web and business applications that leverage the capabilities of Google Data APIs, including read and write access to data and content in Google Apps, with their Force.com projects and offerings. With the toolkit, developers have access to the Google Data APIs directly within Force.com's Apex code, allowing the easy creation of new user experiences and Web applications that connect directly to Force.com's database, integration, Apex programming language, and Visualforce user interface capabilities. Developers can also publish applications built with the Force.com Toolkit for Google Data APIs in the Google section on the AppExchange marketplace and the Google Solutions Marketplace, making them immediately available to customer and developer communities.
About salesforce.com
Salesforce.com is the market and technology leader in Software-as-a- Service (SaaS) and Platform-as-a-Service (PaaS). The company's portfolio of SaaS applications, including its award-winning CRM application, available at http://www.salesforce.com/products/, has revolutionized the ways that customers manage and share business information over the Internet. The company's Force.com PaaS enables customers, developers and partners to build powerful on-demand applications that deliver the benefits of multi-tenancy across the enterprise. Applications built on the Force.com platform, available at http://www.force.com/, can be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace available at http://www.salesforce.com/appexchange.
As of April 30, 2008, salesforce.com manages customer information for approximately 43,600 customers including ABN AMRO, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com/, or call 1-800-NO- SOFTWARE.
Copyright (c) 2008 salesforce.com, inc. All rights reserved. Salesforce and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.
Google Apps, Google Data API, and Google Gadget are trademarks of Google Inc.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
Salesforce.com
CONTACT: Gordon Evans of salesforce.com, +1-415-536-7608, gevans@salesforce.com
Web site: http://www.salesforce.com/
iCAD To Acquire Assets of CAD SciencesiCAD Extends Product and Technology Portfolio with Computer-Aided Visualization for MRI Studies; to Apply Innovative Kinetics Technology for Breast, Prostate and the Future Development of Advanced Solutions
NASHUA, N.H., June 23 /PRNewswire-FirstCall/ -- iCAD, Inc. , an industry-leading provider of Computer-Aided Detection (CAD) solutions, today announced the signing of a definitive agreement to purchase the principal assets of CAD Sciences, a privately-held medical technology company based in White Plains, N.Y.
Under the terms of the agreement, iCAD will pay $2 million in cash and $3 million in shares of iCAD common stock. The number of shares issued will be calculated using the average closing price for the 10 consecutive trading days immediately preceding the closing. This synergistic business transaction is projected by iCAD to add approximately $500,000 to its quarterly operating expenses through the balance of 2008, and the transaction is expected to close early in the third quarter of 2008, subject to certain pre-closing conditions.
CAD Sciences develops and distributes pharmaco-kinetic based CAD products that aid in the interpretation of contrast enhanced Magnetic Resonance Imaging (MRI) images of the breast and prostate. Products are also under development by CAD Sciences for therapy monitoring, for the identification of vascular diseases using contrast enhanced Magnetic Resonance Angiography (MRA), and for cancer detection using contrast enhanced Computed Tomography (CT). CAD Sciences has established clinical relationships at leading hospitals and teaching institutions worldwide with installations at Duke University, Massachusetts General Hospital, Johns Hopkins Hospital, University of Nijmegen (The Netherlands), University of Vienna (Austria), and the Universities of Essen and Cologne (Germany).
"This transaction fits perfectly with our strategic growth plan to expand iCAD's leadership position beyond mammography CAD. MRI and CT are demonstrating significant advances in the imaging sector. We believe our ability to offer outstanding image analysis and clinical decision support solutions for MRI and CT imaging will expand iCAD's ability to address the most prevalent cancers. Helping clinicians find these cancers earlier, faster and with greater confidence where awareness, early detection and monitoring are critically important and should further strengthen and broaden our market position," said Ken Ferry, President and CEO of iCAD.
"The technology platforms of our two companies are highly complementary and have the potential of delivering the most accurate detection and workflow solutions available in the imaging industry," he added. "We also see significant synergy regarding customer call points, providing our sales team with additional products to sell."
"We are proud to have developed this leading CAD technology for breast and prostate MRI and believe that its adoption by physicians will be accelerated by iCAD's strong market position in mammography CAD," said Ray Joslin, Chairman and CEO of CAD Sciences.
Key Strategic Benefits
Advantages iCAD anticipates in association with this transaction include the following:
-- Strengthens iCAD's leadership position through a broader portfolio of advanced image analysis and workflow solutions for the early detection of the most prevalent cancers including breast, colon, prostate and, in the future, lung cancer. This will extend iCAD's reach in the largest imaging modalities of Computed Tomography and MRI in addition to its expertise in film-based, digital radiography, and computed radiography.
-- Leverages existing call points for iCAD's sales and marketing teams enabling a rapid integration.
-- Increases the potential of an expanded relationship with OEM partners who manufacture and market MRI systems through direct integration of these solutions.
-- Expands iCAD's global presence and increases its leadership position abroad by building upon a larger international business and leveraging new opportunities with global partners.
-- Extends iCAD's technological expertise and product development initiatives with the inclusion of a more robust pharmaco-kinetic technology, FTP. FTP is a second-generation algorithm that uses near continuous data sampling versus the prior generation that uses only three fixed time points, which may omit critical data from the analysis.
-- Complements iCAD's core competency in morphology based CAD solutions providing a platform for next-generation products delivering both kinetics and morphology technology in a single CAD solution.
-- Augments iCAD's product-development initiatives for CT solutions for the early detection of colon and lung cancer.
About Breast MRI
-- Breast MRI received FDA clearance in 1991 for use as an adjunct to mammography. New guidelines were released by the American Cancer Society (ACS) and published in the March/April 2007 CA: A Cancer Journal of Clinicians, recommending MRI for screening women at high risk for breast cancer. The guidelines recommended MRI scans for women with a lifetime risk of breast cancer of 20%-25% or greater, including women with a strong family history of breast or ovarian cancer and women who were treated for Hodgkin's disease. This recommendation was a major step toward moving breast MRI into the clinical mainstream of screening for high-risk women.(1)
-- The use of MRI in the management of breast cancer has doubled since 2003, from 314,000 to 645,000 procedures as reported in a study published this month by IMV Medical Information Division of Des Plaines, IL.(2)
MRI scans are more effective than other screening modalities in the following cases:
-- Screening women with dense breasts, breast implants and breast implant
ruptures
-- Screening women with a family history of breast cancer
-- Screening women at risk of breast cancer recurrence
-- Biopsy support when lesions are difficult to detect by other modalities
-- Staging of diagnosed breast cancer
-- Locating a primary tumor in women with breast cancer that has spread to
the lymph nodes
-- Detecting tumor recurrences and residual tumors post-lumpectomy
-- Assisting in determining extensive surgical resection (lumpectomy or
mastectomy)
-- Showing the effectiveness in contra-lateral (opposite) breast cancer
detection and multi centricity
(1) AuntMinnie.com Staff Writers, March 28, 2007
(2) AuntMinnie.com, June 5, 2008, by Cheryl Hall Harris, R.N., Contributing Writer
About iCAD, Inc.
iCAD, Inc. is an industry-leading provider of Computer-Aided Detection (CAD) solutions that enable healthcare professionals to better serve patients by identifying pathologies and pinpointing cancer earlier. iCAD offers a comprehensive range of high-performance, upgradeable CAD systems for the high, mid and low volume mammography markets. iCAD is entrusted with the task of early cancer detection by more than 2,200 women's healthcare centers worldwide. For more information, call +1 877 iCADnow or visit http://www.icadmed.com/.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
Certain statements contained in this News Release constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risks of uncertainty of patent protection, the impact of supply and manufacturing constraints or difficulties, product market acceptance, possible technological obsolescence, increased competition, customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission. The words "believe", "demonstrate", "intend", "expect", "estimate", "anticipate", "likely", and similar expressions identify forward- looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date the statement was made. The Company is under no obligation to provide any updates to any information contained in this release.
iCAD, Inc.
CONTACT: Darlene Deptula-Hicks of iCAD, +1-603-882-5200 x7944, ddeptula@icadmed.com; Investor Relations, Anne Marie Fields of Lippert/Heilshorn & Associates, +1-212-838-3777 x6604, afields@lhai.com; Public Relations, Jill Testagrossa of Schwartz Communications, +1-781-684-0770, icad@schwartz-pr.com
Web site: http://www.icadmed.com/
Environmental Tectonics Corporation Announces Sale of Two Monoplace Hyperbaric Chambers
SOUTHAMPTON, Pa., June 23 /PRNewswire-FirstCall/ -- Environmental Tectonics Corporation's ("ETC" or the "Company") BioMedical Systems Division today announced the sale of two (2) BARA-MED(R) XD Monoplace Hyperbaric Chambers to Hyperbaric Therapy of Newtown Square.
ETC is delighted to work with Hyperbaric Therapy of Newtown Square, a hyperbaric oxygen therapy (HBOT) treatment center that is conveniently located near Philadelphia to serve the surrounding area. Hyperbaric Oxygen Therapy (HBO) is a non-invasive therapy. In its clinical applications, the patient breathes 100% oxygen while fully enclosed in a specially designed chamber at ambient pressures up to three times normal atmospheric pressure. HBO is used to promote and support healing in the management of conditions in which oxygen transport to the tissues has been disrupted by traumatic injury, infection, inflammation, or edema.
ETC prides itself on being the only manufacturer of a computerized monoplace hyperbaric chamber. The BARA-MED(R) XD includes a 4th generation Windows(TM) based operating system. Our computerized system eliminates the need for operator dive time management and paper recordkeeping while ensuring comprehensive documentation of the procedure. These features enable technicians to focus their attention on patient care and management, making them more effective and efficient.
Gene Davis, President of ETC's BioMedical Division, commented, "Recently some of our staff experienced HBOT treatments at this facility and gave our chambers and the staff at the facility high marks." Ann McMaster, Sales Coordinator, commented, "The facility staff made the treatments comfortable and easy. I was able to lay back and relax and viewed a movie on the video entertainment system during the treatment."
ETC's BioMedical Systems Division's goal is to keep its equipment and customers at the forefront of hyperbaric medicine. In addition to their regular use in clinical treatments at medical facilities around the globe, the BARA-MED(R) XD hyperbaric chambers are routinely involved in the field of research.
For further information on ETC hyperbaric chambers and how our chambers could benefit your Hyperbaric Oxygen Therapy programs please visit our website at 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 press release 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 for the fiscal year ended February 29, 2008, 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 of Environmental Tectonics Corporation, +1-215-355-9100, ext. 1203, Fax, +1-215-357-4000
Web site: http://www.etcusa.com/ http://www.etcbiomedical.com/
Firethorn Joins Forces with BECU to Make the Mobile Wallet a Reality- Relationship Puts Banking in the Palm of BECU Members' Hands -
ATLANTA, June 23 /PRNewswire-FirstCall/ -- Firethorn Holdings LLC, a Qualcomm company , today announced that it has added BECU (formally known as Boeing Employees' Credit Union) to its growing roster of financial institution customers. The nation's fourth largest credit union, BECU plans on launching the Firethorn mobile wallet application in the first quarter of 2009. By collaborating with Firethorn, BECU will enable its members to check their account balances, transfer funds and view and pay bills through their mobile devices. Future service capabilities will include more advanced mobile transactions and mobile commerce.
With more than 550,000 members and more than $8.3 billion in assets, BECU is the largest credit union in Washington state and is one of the top five financial cooperatives in the country. BECU has more than 45 branches and more than 150 ATMs located throughout Western Washington.
"At BECU, our focus is always on the members and, in this case, letting members choose how they want to interact with us," stated Howie Wu, vice president of virtual banking at BECU. "By broadening our mobile strategy, we are better able to serve our members' needs and stay ahead of the curve in this ever-changing landscape. Our decision to enter into a strategic collaboration with Firethorn was grounded in the belief that they share our vision for mobile banking and mobile payments. In addition, Firethorn's recent acquisition by Qualcomm places them in a great position to help us ensure we are able to meet the future needs of our members in the mobile commerce space."
Because Firethorn is the preferred mobile commerce enabler of the nation's leading mobile network operators, Firethorn's strategic clients, such as BECU, gain the unique advantages of a certified, frequently pre-loaded application, as well as marketing expertise to drive adoption and end-to-end customer support.
"As the nation's fourth largest credit union, BECU is sending a message to credit unions across the nation that the future is mobile," said Tripp Rackley, Firethorn's chief executive officer. "Firethorn is proud to be collaborating with BECU to make mobile commerce a mainstream reality."
As the mobile commerce subsidiary of global wireless technology leader Qualcomm, Firethorn is able to leverage Qualcomm's substantial wireless technology innovations and its world-leading development expertise to design and deliver a superior mobile user experience.
About Firethorn
Firethorn, a Qualcomm company , is the mobile commerce enabler supported by the nation's leading financial institutions and wireless carriers. The Firethorn mobile wallet is a single, secure, certified application embedded on select wireless handsets, which enables financial institutions to deliver branded services to consumers via the mobile device; wireless operators to deliver consumer-convenient, mass-market applications to subscribers; and mobile device users to access and add multiple financial relationships with one password. For more information on Firethorn, visit http://www.firethornmobile.com/.
About Qualcomm
Qualcomm Incorporated (http://www.qualcomm.com/) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2008 FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM.
Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
Qualcomm Contacts:
Kelly Buday, Firethorn
Phone: 1-678-507-2555
Email: kbuday@qualcomm.com
Emily Kilpatrick, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Gilbert, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
Firethorn Holdings LLC
CONTACT: Kelly Buday, Firethorn, +1-678-507-2555, kbuday@qualcomm.com, or Emily Kilpatrick, Corporate Communications, +1-858-845-5959, corpcomm@qualcomm.com, or John Gilbert, Investor Relations, +1-858-658-4813, ir@qualcomm.com, all of Qualcomm
Web site: http://www.firethornmobile.com/ http://www.qualcomm.com/
MediaFLO USA, ESPN Mobile TV and NBC Sports on NBC 2Go Bring Live Grand Slam Tennis From Wimbledon to Mobile Phones Across America- Award-winning FLO TV Service Brings Sports Fans 119 Hours of World-class Championship Tennis, June 23 - July 6, 2008 -
SAN DIEGO, June 23 /PRNewswire-FirstCall/ -- MediaFLO USA, a wholly owned subsidiary of Qualcomm Incorporated , ESPN on ESPN Mobile TV, and NBC Sports on NBC 2Go will provide comprehensive live coverage of championship tennis from Wimbledon, one of the world's greatest sports events, on the award-winning FLO TV(TM) service, June 23 - July 6, 2008. Available to AT&T subscribers as AT&T Mobile TV with FLO, the FLO TV service will let sports fans watch in stunning clarity all of the excitement from London's All England Lawn Tennis Club, live on AT&T devices, including the LG Vu and the Samsung Access.
Just days after bringing mobile consumers five thrilling days of U.S. Open coverage on the FLO TV service, ESPN on ESPN Mobile TV and NBC Sports on NBC 2Go will provide MediaFLO USA with a combined 119 hours of live video coverage from Wimbledon starting with the opening match on Monday, June 23 and concluding with championship finals matches on Sunday, July 6 (all times Eastern):
-- Monday, June 23
o ESPN Mobile TV: 7 a.m. - 5 p.m.
-- Tuesday, June 24
o ESPN Mobile TV: 7 a.m. - 5:30 p.m.
-- Wednesday, June 25
o ESPN Mobile TV: 7 a.m. - 5 p.m.
-- Thursday, June 26
o ESPN Mobile TV: 7 a.m. - 12 p.m.
-- Friday, June 27
o ESPN Mobile TV: 7 a.m. - 3 p.m.
-- Saturday, June 28
o ESPN Mobile TV: 8 a.m. - 12 p.m.
o NBC Sports on NBC 2Go: 12 p.m. - 3 p.m.
-- Sunday, June 29
o NBC Sports on NBC 2Go: 12 p.m. - 3p.m.
-- Monday, June 30
o ESPN Mobile TV: 7 a.m. - 10 a.m.
o NBC Sports on NBC 2Go: 10 a.m. - 1 p.m. & 11:35 p.m. - 11:50 p.m.
-- Tuesday, July 1 (Ladies' Singles Quarter-Finals)
o ESPN Mobile TV: 7 a.m. - 10 a.m.
o NBC Sports on NBC 2Go: 10 a.m. - 1 p.m. & 11:35 p.m. - 11:50 p.m.
-- Wednesday, July 2 (Men's Singles Quarter-Finals)
o ESPN Mobile TV: 7 a.m. - 10 a.m.
o NBC Sports on NBC 2Go: 10 a.m. - 1 p.m. & 11:35 p.m. - 11:50 p.m.
-- Thursday, July 3 (Ladies' Singles Semi-Finals, Championship Doubles
Semi-Finals)
o ESPN Mobile TV: 7 a.m. - 12 p.m.
o NBC Sports on NBC 2Go: 12 p.m. - 5 p.m. & 11:35 p.m. - 11:50 p.m.
-- Friday, July 4 (Men's Singles Semi-Finals, Championship Doubles
Semi-Finals)
o ESPN Mobile TV: 7 a.m. - 12 p.m.
o NBC Sports on NBC 2Go: 12 p.m. - 5 p.m. & 11:35 p.m. - 12:05 a.m.
-- Saturday, July 5 (Ladies' Singles Final, Men's Doubles Final, Ladies'
Doubles Final)
o NBC Sports on NBC 2Go: 9 a.m. - 2 p.m.
-- Sunday, July 6 (Men's Singles Finals, Mixed Doubles Final)
o NBC Sports on NBC 2Go: 9 a.m. - 3 p.m.
*All programming is subject to change.
NBC Sports' Wimbledon coverage will also be available on local NBC stations.
"Wimbledon is one of the most exciting sports events of the year for tennis fans around the world, and now these fans can catch all of the aces, backhands, drop shots and volleys from this historic championship live on their mobile phones with our award-winning FLO TV service," said Gina Lombardi, president of MediaFLO USA. "By embracing this revolutionary entertainment medium, ESPN and NBC Sports are pioneering new ways for consumers to stay connected and engaged with their favorite sports wherever they go."
"The mobile experience is about keeping consumers connected to the people and events they care about most," said Mark Collins, vice president, consumer products, AT&T's wireless unit. "We are pleased that our customers will be able to enjoy the most prestigious tennis event in the world -- live and in color -- on their AT&T phones."
In addition to The Championships, Wimbledon, MediaFLO USA will continue to bring sports fans an unrivalled array of high-quality sports programming from CBS, ESPN, FOX and NBC Sports on NBC 2Go throughout the year. Since launching the FLO TV service in March 2007, MediaFLO USA has delivered more than 3,000 hours of live sports coverage to mobile phones. MediaFLO USA will feature several not-to-be-missed sports events throughout the summer. Stay tuned for programming details or visit http://www.flotv.com/ for updates.
The FLO TV service, available to consumers as AT&T Mobile TV, features an impressive lineup of primetime, news, entertainment and children's content from leading entertainment brands such as CBS, CBS College Sports, CBS News, Comedy Central, ESPN, FOX, FOX News, FOX Sports, MTV, NBC 2GO, NBC, NBC Sports, NBC News, CNBC, MSNBC, NickToons and Nickelodeon. Recent programming highlights include "CSI" (CBS Mobile), "The Hills" and "Real World: Hollywood Season 20" (MTV), "Bones" (FOX Mobile), NBC's "30 Rock" and more.
All programs on the FLO TV service are available to consumers through AT&T Mobile TV in 58 major metropolitan areas nationwide, including Atlanta, Chicago, Dallas, Las Vegas, Los Angeles, New York, San Diego, Seattle and Washington, D.C., among others. Consumers can learn more about the FLO TV service by visiting http://www.flotv.com/, http://www.mediaflousa.com/, http://www.att.com/mobiletv, or by stopping by local AT&T stores.
About MediaFLO USA, Inc.
MediaFLO USA, Inc. unleashes the power of TV for mobile consumers, combining the best content, an intuitive user interface and a superior multicast network to deliver a true TV experience. The award-winning FLO TV service from MediaFLO USA offers full-length simulcast and time-shifted programming from the world's best entertainment brands, including CBS, CBS College Sports, CBS News, Comedy Central, ESPN, FOX, FOX News, FOX Sports, MTV, NBC 2Go, NBC, NBC Sports, NBC News, CNBC, MSNBC, NickToons and Nickelodeon. Based in San Diego, Calif., MediaFLO USA is a wholly owned subsidiary of Qualcomm Incorporated.
Qualcomm is a registered trademark of Qualcomm Incorporated. MediaFLO, MediaFLO USA, FLO, with FLO, and FLO TV are trademarks of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
Qualcomm Contacts:
Melinda Hutcheon, MediaFLO USA, Inc.
Phone: 1-858-651-7334
Email: melindah@mediaflousa.com
Emily Kilpatrick, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Gilbert, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
MediaFLO USA, Inc.
CONTACT: Melinda Hutcheon, MediaFLO USA, Inc., +1-858-651-7334, melindah@mediaflousa.com, or Emily Kilpatrick, Corporate Communications, +1-858-845-5959, corpcomm@qualcomm.com, or John Gilbert, Investor Relations, +1-858-658-4813, ir@qualcomm.com, all of Qualcomm Incorporated
Web site: http://www.qualcomm.com/ http://www.flotv.com/ http://www.mediaflousa.com/ http://www.att.com/mobiletv
RTG Ventures, Inc. (RTGV) and Atlantic Network Holdings Limited (ANHL) to Close Share Exchange Agreement On September 17, 2008
NEW YORK, June 23 /PRNewswire-FirstCall/ -- The last press release on June 2, 2008 was a brief by the officers of RTGV and ANHL to share their investment philosophy with RTGV shareholders, both current and prospective. This philosophy is being translated into a business strategy. The reason we are stressing these values is because we believe shareholder value will be optimized in the long term by not cutting corners.
To integrate the philosophy with the Business Plan ("BP") there was a shake-up in the ANHL Board earlier in the year resulting in Barry Fludgate being appointed Chairman/CEO of NMTV, Inc. coincident with closing. Barry, as CFO of RTGV, understands the importance of transparency and focus on shareholder value in a public company, honed after many years of experience in the public market. Delivering long term, sustainable results can only be achieved from a firm foundation. The 3-year audit to GAAP standards required as a Condition of Closing will provide that basis. His appointment will also result in a seamless transition of NMTV, Inc. into the US public marketplace. The execution of the BP has evolved into specific plans, with benchmarks, already resulting in negotiations with principals in new opportunities which will be of benefit to all shareholders. The BP is evergreen and as such will be adjusted as needed along the way to take advantage of any situations which fit the business strategy by growing the company organically and through acquisition toward an exit strategy of a move to a higher exchange or buyout by a larger company.
Several of our updates have focused on the delays caused by a very labor intensive audit fraught with lost or inaccessible documents which left ANHL in the position of replicating documents, many of which then require independent valuation to capture the accretion since the last audit four years ago or assets purchased since that time. In addition, the Super 8-K cannot be completed until the audit is concluded since it must be filed within 4 days of closing. The reapportionment of shares will also take place coincident with closing. It is important to remember that RTGV is a fully reporting Bulletin Board company, subject to the rigors of the SEC/FINRA/NASDAQ, that fact increases the value to all our shareholders. Progress is being made, but the summer months, particularly in Europe, make it increasingly difficult to contact all parties required in audit documentation to GAAP standards. The tasks are labor intensive and require multiple inputs to complete. For an abundance of caution, we have set the closing date on September 17, 2008 in New York in the offices of the RTGV's Corporate Counsel, Paykin, Mahon, Rooney & Krieg, LLP, who will remain as counsel to NMTV after the closing.
Many in the micro-cap market are accustomed to shorter time frames, however the officers of both RTGV and ANHL and the majority of RTGV's shareholders share the same vision of building a sustainable venture with common goals, focused on the long-term goals of NMTV. As was stated in last press release, "we are on this journey together." The upside of the longer closing period required is the focus on execution, thus a seamless transition post-closing.
About NMTV: NMTV is a media venture utilizing a new exclusive broadband technology which delivers multicast transmissions ensuring TV quality without buffering or freezing. Its infrastructure is comprised of an established studio complex outside of London with six operational subsidiaries, an investment vehicle which owns the freehold on the studio property, and a television production operation which has joint venture agreements with 15 internet channels. The Company has a payment system product with two brands, epaypoint and Web-Pay, geared to the Internet and designed to accommodate exponential demand for media and is a natural extension for NMTV. Initiatives are also underway in Reality TV and ongoing natural history filming. Other subsidiaries hold film interests via script rights.
Safe Harbor Provisions: The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
RTG Ventures, Inc.
CONTACT: Investor Relations Contact Info: New York, +1-917-488-6473
SXC Health Solutions announces three-year $35 million PBM contract with the State of Tennessee
LISLE, IL, June 23 /PRNewswire-FirstCall/ -- SXC Health Solutions, Corp. ("SXC" or the "Company") , a leading provider of technology and pharmacy benefits management services, announces that its HealthCare Information Technology (HCIT) Group has been awarded a three-year $35 million Pharmacy Benefits Manager (PBM) contract with the State of Tennessee's, Bureau of TennCare ("TennCare").
Under terms of the proposed agreement, SXC will administer TennCare's pharmacy claims system, an online system that processes all Medicaid pharmacy transactions. SXC will also help administer TennCare's Preferred Drug List, manage their pharmacy network, provide pharmacists with weekly payments for their services, and generate weekly encounter data and reconciliation services for TennCare.
"We are very pleased to establish a relationship with TennCare and to be part of their efforts to deliver a high quality and cost effective healthcare experience to their plan recipients," said Mark Thierer, President and COO of SXC. "We continue to expand our footprint in the public sector where our fee-for-service business model, point-of-sale pharmacy claims adjudication and rebate systems, and Medicaid domain expertise is ideally suited to deliver the flexibility and transparency that State Medicaid agencies and other public sector organizations require."
"The contract resulting from this RFP process represents another step forward in appropriately aligning the incentives in our program," said TennCare Pharmacy Director David Beshara. "SXC has the tools, technology and expertise that will give us the ability to develop unique benefit programs, and to manage program costs without compromising our high service standards."
The base contract is for three years with an expected launch date of October 1, 2008, and includes two one-year extension options. Through its $650 million annual pharmacy program, TennCare fills about one million claims a month.
About TennCare
TennCare is Tennessee's managed-care Medicaid program serving approximately 1.2 million low-income children, pregnant women and disabled Tennesseans, with an annual budget of $7 billion.
About SXC Health Solutions
SXC Health Solutions, Corp. (SXC) is a leading provider of pharmacy benefits management (PBM) services and HealthCare IT (HCIT) solutions to the healthcare benefits management industry. The Company's HCIT Group is dedicated to supporting the PBM industry with a broad range of technology, tools and services including a wide range of software applications, application service provider (ASP) processing services and professional services. SXC's customers include the largest organizations in the pharmaceutical supply chain, such as Federal, provincial, and state and local governments, PBMs, managed care organizations, institutional pharmacies, and other healthcare intermediaries. SXC is headquartered in Lisle, Illinois with 13 locations in the US and Canada. For more information please visit http://www.sxc.com/.
SXC Health Solutions Inc.
CONTACT: Jeff Park, Chief Financial Officer, SXC Health Solutions, Inc., Tel: (630) 577-3206, investors@sxc.com; Dave Mason, Investor Relations, The Equicom Group Inc., (416) 815-0700 ext. 237, dmason@equicomgroup.com; Susan Noonan, Investor Relations - U.S., The SAN Group, LLC, (212) 966-3650, susan@sanoonan.com
Monitise Americas Wins Cards International Global Award and Named a Finalist for Two Additional Industry Awards
PROVIDENCE, R.I., June 23 /PRNewswire/ -- Monitise Americas, LLC, a mobile financial services company, today announced that it has been named the most promising new entrant for the Cards International Global Awards 2008. The company also received finalist recognition for two industry awards, Cards & Payments Best in Payments, and the 5th Annual MITX Technology Awards.
The Cards International Global Awards are based on an organization's achievements within the last 12 months. A panel of judges including the editorial team from Cards International, VRL KnowledgeBank, three recognized international industry consultants and two credit card experts evaluated the submissions. Monitise Americas was announced as the winner of the most promising new entrant category at the Conrad Hotel in Brussels on Thursday, June 19 in conjunction with the Cards & Payments Europe Conference and Expo.
Cards & Payments, a financial magazine that focuses on electronic payments, credit, debit and smart cards, identified companies who are striving for industry excellence within the payments space at its 20th Annual Card Forum & Expo conference. Monitise Americas was recognized as a finalist in the best new product category.
The Massachusetts Innovation & Technology Exchange (MITX) recognizes innovative technologies developed in the New England area, as well as the individuals and organizations responsible for driving these advancements. As part of its annual award ceremony, Monitise Americas was recognized as a finalist in the mobile category. MITX is the country's leading association bringing together digital marketing, media and technology professionals to engage in what's next for the web and how it impacts the marketing and business worlds.
"In its fifth year, the MITX Technology Awards have attracted some of the most distinguished technological innovations that the region has to offer," said Kiki Mills, Executive Director of MITX. "It is this tremendous interest that enables our organization to accomplish its mission of uniting the brightest minds in the digital marketing, media and technology community and honoring their outstanding achievement."
Monitise Americas delivers mobile banking capabilities directly to consumers' mobile devices through a highly secure and easily scalable service by replicating the simple interface of an ATM in a secure, trusted application on the mobile handset.
"The mobile phone continues to revolutionize our daily lives, and banking has emerged as the next frontier," said Lisa Stanton, Chief Executive Officer of Monitise Americas. "We are excited to be recognized throughout the industry, validating our unique model and the rapid success we've achieved thus far."
Because of its unique solution, Monitise Americas allows institutions of all sizes to offer a new way of banking to their customers without significant investments in new technology infrastructure.
About Monitise Americas
Monitise Americas is a joint venture between Metavante Corporation, a leading provider of banking and payments technologies to financial institutions and businesses worldwide and Monitise plc (MONI.L), a specialist in mobile banking technology. Monitise Americas provides mobile banking and payment services to North American financial institutions predicated on an "ecosystem" principle, which allows multiple mobile carriers and financial institutions to deliver services over a single platform. It has a sister ecosystem in the United Kingdom, MONILINK, developed by Monitise plc in partnership with VocaLink. Current partners of MONILINK include: first direct, Alliance & Leicester, Royal Bank of Scotland, NatWest, Vodafone, Orange, O2, T-Mobile and Hutchison 3G.
For more information on Monitise Americas and details of how to benefit from participating in its cross-America ecosystem, please visit http://www.monitise.com/.
Monitise Americas LLC
CONTACT: Kristina Peterson of Monitise Americas, +1-401-749-8012, kristina.peterson@monitise.com; or Jennifer Mussman of Edelman for Monitise Americas LLC, +1-312-233-1244, jennifer.mussman@edelman.com
Web site: http://www.monitise.com/
Directed Electronics (DEIX) Announces Parent Company Name Change and New Senior Officers Group
VISTA, Calif., June 23 /PRNewswire-FirstCall/ -- Directed Electronics today announced that its shareholders approved the change of its name from Directed Electronics, Inc. to DEI Holdings, Inc. The name change is part of an effort to more closely align the Company's corporate structure with its daily operations.
James E. Minarik, President and CEO since 2001, will continue to serve as the President and CEO of the parent company, DEI Holdings, and will continue to have overall responsibility for the entire company, which currently includes Polk Audio, Definitive Technology, Directed Canada, and the Vista, CA based mobile electronics business, which will continue to do business under the "Directed Electronics" name.
The company concurrently announced the upcoming appointment of Michael S. Simmons to the position of President of Directed Electronics. Mr. Simmons has previously been a consultant to the company focused on marketing and product planning which had been managed by Kevin Duffy who served as SVP of Product Planning and Marketing, prior to his appointment as EVP and CFO.
Mr. Simmons will take over Mr. Minarik's day-to-day responsibilities of running the Vista, CA based business most famous for its Viper, Python, and Clifford Security mobile electronics products as well as its Orion mobile audio and Sirius satellite radio businesses. Mr. Simmons has led a variety of businesses and brings extensive experience in the automotive and consumer electronics industries to Directed Electronics. His previous roles include Chief Marketing Officer of a major automotive aftermarket performance company, CFO of Sonance (a custom audio manufacturer), CEO of TechSpace (a technology infrastructure provider), and various management positions at Ford Motor Company and PricewaterhouseCoopers. He holds a BBA from the University of Michigan and an MBA from Northwestern's Kellogg School of Management.
The company also announced the formation of a new senior officers group composed of Mr. Minarik; Kevin Duffy, EVP and CFO of DEI Holdings; Jim Herd, President of Polk Audio; Sandy Gross, President of Definitive Technology; Derek Schuman, President of Directed Canada; and Mr. Simmons, President of Directed Electronics. Messrs. Herd, Gross, Schumann, and Simmons will be responsible for both the management of their individual businesses and in assisting Mr. Minarik and Mr. Duffy in the overall strategy and management of DEI Holdings. All will report directly to Mr. Minarik.
Mr. Minarik said, "These changes will more closely align our corporate structure and leadership roles with the day-to-day operations and responsibilities at the company. They will also allow our leadership to better focus on operational excellence at each of our businesses, while enabling Mr. Duffy and me to focus on achieving synergies across our portfolio of brands and enhancing shareholder value. Our new name is also more appropriate for the collection of brands we are today and will better allow for possible future brand acquisitions to be housed under the DEI Holdings umbrella."
About DEI Holdings
Headquartered in Southern California, DEI Holdings, Inc. is the parent company of some of the most respected brands in the consumer electronics industry. DEI Holdings is the largest designer and marketer in North America of premium home theater loudspeakers (sold under the Polk Audio(R) and Definitive Technology(R) brand names), and consumer-branded vehicle security and remote start systems (sold under the Viper(R), Clifford(R), Python(R), Autostart(R) and other brand names). DEI Holdings is also the largest aftermarket supplier of SIRIUS satellite radios and accessories, and a supplier of mobile audio sold principally under both the Polk Audio and Orion brand names. DEI Holdings markets its broad portfolio of products through many channels including leading national retailers and specialty chains throughout North America and around the world. Founded in 1982, the company has more than 500 employees and operations in California, Maryland, Canada, Europe and Asia. For more information, please visit http://www.deiholdings.com/.
Directed Electronics, Inc.
CONTACT: Kevin Duffy, Chief Financial Officer of Directed Electronics, Inc., +1-760-598-6200; or John Mills of Integrated Corporate Relations, +1-310-954-1100, for Directed Electronics, Inc.
Web site: http://www.directed.com/ http://www.deiholdings.com/
en2go(TM) International, Inc. Engages Carlaris, Inc. to Provide Financial and Accounting ServicesFormer EarthLink CFO to Work Closely with en2go(TM) Management
BURBANK, Calif., June 23 /PRNewswire-FirstCall/ -- en2go International, Inc. ("en2go" or the "Company") (BULLETIN BOARD: ENGO) , a developer of next-generation applications, content and media assets targeting the computer desktops, television, PDAs, iPhones, iPods, cameras and mobile phones today announced that it had signed a contract with Carlaris, Inc. for it to provide financial and accounting consulting to the Company. As specified in the contract, Carlaris, Inc.'s President, Barry Hall, will be principal provider of such services.
In commenting on the engagement, Mr. Hall stated, "We are extremely excited about working with a company that holds a number of core technologies. We expect to work with en2go's management to build a supporting administrative infrastructure that will support the Company's anticipated growth."
Barry Hall brings a strong accounting and financial background with more than twenty-five years in senior executive roles in technology companies. Mr. Hall's career highlights include serving as Chief Financial Officer of EarthLink Network from 1996 to 1997, from its start-up through initial public offering. He also served as Chairman and Chief Executive Officer of California Amplifier, Inc. from 1989 to 1994, a publicly-held manufacturer of satellite television and wireless cable amplifiers. Mr. Hall's other career highlights include serving as Chief Financial Officer and Chief Operations Officer of Microwave Photonics, and as Executive Vice President and Chief Financial Officer of Styleclick, Inc. prior to and after its purchase by USA Networks. Mr. Hall was also Vice President Finance and Chief Financial Officer of LA Cellular from 1987 to 1989, and was Vice President Finance and Treasurer, Chief Financial Officer of Applied Solar Energy Corporation, a manufacturer of solar cells and solar panels for satellites and space applications from 1983 to 1987. At Applied Solar Energy Corporation he completed the company's initial public offering and the sale of the company to Stauffer Chemical Company.
Tolga Katas, founder and CEO of en2go, stated, "We deeply value working with Barry Hall through Carlaris because of his wealth of knowledge and years of experience helping companies like ours establish long-term sustainability. This relationship is an important step in our progress towards achieving our strategic goals."
About en2go International, Inc.
en2go(TM) International, Inc., a Burbank, California-based company is developing and launching products that create a monetizable bridge between technology, digital entertainment, and the converged space they occupy. en2go is currently developing Flyxo(TM), eMaculate(TM) and others based upon en2ools(TM). en2ools technology facilitates a light speed, browser-bypassing architecture for searching, sending, managing and viewing massive digital video, graphic and data files on the Internet. Flyxo delivers a stream of mixed clips from HD video to high-resolution images to users' desktops. eMaculate enables users to search, share and download pictures (and eventually, all types of multimedia). eMaculate will evolve to become the ultimate multimedia organizer, capable of instantly transferring and organizing large multimedia files from different web sites, peers and networks.
For further information about en2go call 1.888.730.4888 or visit http://www.en2go.net/.
Forward-Looking Statements: This release contains "forward-looking" statements that are based on present circumstances and on en2go's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements. Such forward-looking statements are made only as of the date of this release and en2go assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements.
Contact:
Paul Fishkin
1-888-730-4888
en2go International, Inc.
CONTACT: Paul Fishkin of en2go International, Inc. 1-888-730-4888
Web site: http://www.en2go.com/
Informatica's U.S. Support Service Center Earns SSPA 'Rated Outstanding' CertificationDemonstrates excellence in Core Support, Assisted Support and Unassisted Support
REDWOOD CITY, Calif., June 23 /PRNewswire-FirstCall/ -- Informatica Corporation , the leading independent provider of data integration software and services, today announced that Informatica Global Customer Support's California Service Center has been awarded the Service and Support Professionals Association's (SSPA) prestigious "Rated Outstanding" certification for Core Support, Assisted Support and Unassisted Support. Developed by 50 leading technology companies, the SSPA certification program involves in-depth audits of support functions against a broad range of best practice criteria for delivering industry-leading customer support.
"SSPA certification is the gold standard for measuring superior customer support operations and Informatica is pleased to be among the elite group of companies to have earned this distinction," said Ansa Sekharan, senior vice president, Global Customer Support, Informatica. "Everything we do is geared towards ensuring customer satisfaction and achieving 'SSPA Rated Outstanding' certification underscores that fact."
Serving customers worldwide, Informatica's California Support Center is part of a network of strategically located Centers linked in real-time to provide 24x7 service and support. To achieve 'SSPA Rated Outstanding' certification, Informatica Global Customer Support had to meet or exceed 80 percent of the SSPA certification program's relevant best-in-class criteria as part of a rigorous on-site audit of its California Support Center.
Informatica Global Customer Support continually adds to its support services portfolio. Recent services available include Value Added Support(SM) services, designed to enhance customer value by augmenting Informatica's support offerings by providing proactive delivery of support services, accelerating time-to-value for Informatica implementations, and enabling a faster return on customer investments. Additionally, earlier this month Informatica announced an enhanced "Self-service" support platform for online health checks through myInformatica.com. "Self-service" is easy-to-use and includes support forums facilitated and monitored by Informatica experts, product documentation, Configuration Support Manager, Service Request Wizard, and Change Request Tracking.
"Throughout the audit process, Informatica demonstrated its commitment to top-tier customer support," said Stephen Smith, executive director, SSPA. "With the awarding of 'SSPA Rated Outstanding' certification, the company's customers can be assured that world-class support operations are in place for providing outstanding support and service."
About the SSPA
As the support industry's premier management community, the Service & Support Professionals Association (SSPA) is a key resource for the information and best practices needed to make better business decisions. It brings together the best minds from across the industry spectrum -- from established companies with successful track records to pioneering newcomers with out-of-the-box ideas. The SSPA also partners with thought leaders such as J.D. Power and Associates and the Wharton School to create programs that benefit the industry. The SSPA is a member of a global network of associations that includes the Technology Professional Services Association (TPSA) and the Association for Services Management International (AFSMI). Value-Added Support is a registered service mark of the SSPA. For more information, visit http://www.thesspa.com/.
About Informatica
Informatica Corporation is a leading provider of enterprise 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 +1 650 385 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, for Informatica Corporation
Web site: http://www.informatica.com/
Phoenix Technologies to Present at Collins Stewart Growth Conference on Wednesday, July 9, 2008
MILPITAS, Calif., June 23 /PRNewswire-FirstCall/ -- Phoenix Technologies Ltd. , the global leader in core systems firmware and embedded virtualization, today announced that Chief Operating Officer and Chief Financial Officer Richard Arnold will present at the Fourth Annual Collins Stewart Growth Conference on Wednesday, July 9, 2008 at 10:30am ET at the Mandarin Oriental Hotel in New York City.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO)
Mr. Arnold's presentation will be webcast live and accessible on the Investor Relations section of the Phoenix Technologies web site at http://www.phoenix.com/. A webcast replay will be available within 24 hours after the live presentation and will be archived for 90 days.
About Phoenix Technologies
Phoenix Technologies Ltd. is the global market leader in system firmware that provides the most secure foundation for today's computing environments. The PC industry's top builders and specifiers trust Phoenix to pioneer open standards and deliver innovative solutions that will help them differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products, AwardCore, SecureCore, FailSafe, HyperSpace and BeInSync are revolutionizing the PC user experience by delivering unprecedented security, reliability, continuity, and ease-of-use. The Company established industry leadership with its original BIOS product in 1983, has 155 technology patents and 139 pending applications, and has shipped in over one billion systems. Phoenix is headquartered in Milpitas, California with offices worldwide. For more information, visit http://www.phoenix.com/
Phoenix, Phoenix Technologies, AwardCore, Phoenix SecureCore, Phoenix FailSafe, HyperSpace, BeInSync and the Phoenix Technologies logo are trademarks and/or registered trademarks of Phoenix Technologies Ltd. All other trademarks are the property of their respective owners.
Investor Relations Contact:
The Piacente Group, Investor Relations
Sanjay M. Hurry
Tel. +1 212 481 2050
Email: phoenix@thepiacentegroup.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Phoenix Technologies Ltd.
CONTACT: Sanjay M. Hurry of The Piacente Group, Investor Relations, +1-212-481-2050, phoenix@thepiacentegroup.com, for Phoenix Technologies Ltd.
Web site: http://www.phoenix.com/
Tower Semiconductor Chosen as Strategic Supplier for a Select Portfolio of CMOS Products by ON SemiconductorCompanies Launch a Multi-Year and Potentially Multi-Million Dollar Collaboration Project
MIGDAL HA'EMEK, Israel, June 23 /PRNewswire-FirstCall/ -- Tower Semiconductor, Ltd. , an independent specialty foundry, today announced that ON Semiconductor , a leading supplier of high performance energy efficient silicon solutions, has selected Tower Semiconductor as strategic supplier to co-develop and manufacture multiple lines of products and technologies. This decision further demonstrates the tight and long-term working relationships between the two companies.
The multi-year, and potentially multi-million dollar collaboration project is aimed at a variety of Automotive, Computing, Consumer and Communications end markets.
Tower and ON Semiconductor are to jointly develop new, best in class, manufacturing technology platforms, leveraging each company's core expertise to achieve a highly competitive, cost-effective product offering. These products are to be manufactured in Tower's Fab1 facility.
"With its high-quality engineering support and manufacturing capabilities, Tower is an ideal supplier for ON Semiconductor to partner with, and we view this partnership as a natural extension of our manufacturing capabilities," said John Nelson, ON Semiconductor's Chief Operating Officer. "We are committed to expanding our collaboration, while improving our position in the market place, through Tower's manufacturing capacity and innovative developments aimed at giving us a competitive edge."
"We are pleased to be recognized by ON Semiconductor for our excellent engineering services and expanded manufacturing capacity provided to its most valued business units," said Dr. Itzhak Edrei, Executive senior vice president for worldwide product lines and sales at Tower Semiconductor, Ltd. "This added layer of collaboration between both companies should significantly increase our manufacturing volume of ON Semiconductor products."
About ON Semiconductor:
With its global logistics network and strong product portfolio, ON Semiconductor is a leading supplier of high performance energy efficient silicon solutions to customers in the power supply, automotive, communication, computer, consumer, medical, industrial, mobile phone, and military/aerospace markets. The company's broad portfolio includes power, analog, DSP, mixed-signal, advance logic, clock management and standard component devices. Global corporate headquarters are located in Phoenix, Arizona. The company operates a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com/.
About Tower Semiconductor Ltd.:
Tower Semiconductor Ltd. is an independent specialty foundry that delivers customized solutions in a variety of advanced CMOS technologies, including digital CMOS, mixed-signal and RF (radio frequency) CMOS, CMOS image sensors, power management devices, and embedded non-volatile memory solutions. Tower's customer orientation is complemented by its uncompromising attention to quality and service. Its specialized processes and engineering expertise provides highly flexible, customized manufacturing solutions to fulfill the increasing variety of customer needs worldwide. Boasting two world-class manufacturing facilities with standard and specialized process technologies ranging from 1.0- to 0.13-micron, Tower Semiconductor provides exceptional design support and technical services to help customers sustain long-term, reliable product performance, while delivering on-time and on-budget results. More information can be found at http://www.towersemi.com/.
Safe Harbor
This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect our business is included under the heading "Risk Factors" in our most recent Annual Report on Form 20-F, Forms F-1, F-3 and 6-K, as were filed with the Securities and Exchange Commission and the Israel Securities Authority. We do not intend to update, and expressly disclaim any obligation to update, the information contained in this release.
Press Contact:
Tower Semiconductor USA,
Michael Axelrod,
+1-408-330-6871,
pr@towersemi.com .
Tower Semiconductor Ltd
CONTACT: Press Contact: Tower Semiconductor USA, Michael Axelrod, +1-408-330-6871, pr@towersemi.com .
Synaptics VP to Present at CONNECTIONS(TM) 2008 Conference
SANTA CLARA, Calif., June 23 /PRNewswire-FirstCall/ -- Synaptics Inc. , a leading developer of human interface solutions for mobile computing, communications, and entertainment devices, today announced that it will present at the CONNECTIONS 2008 Conference at the Santa Clara Convention Center in Santa Clara, California at 2:30 PM PDT on Wednesday, June 25th, 2008. Mark Vena, vice president of Synaptics' PC business unit, will present on the panel 'User Interfaces: Moving from Afterthought to Core Component' in Grand Ballroom E of the convention center.
Event: CONNECTIONS 2008 Conference
When: Wednesday, June 25th, 2008
Time: 2:30 PM PDT
Where: Grand Ballroom E, Santa Clara Convention Center,
5001 Great America Pkwy., Santa Clara, CA 95054
About Synaptics
Synaptics is a leading developer of human interface solutions for the mobile computing, communications, and entertainment industries. The company creates interface solutions for a variety of devices including notebook PCs, PC peripherals, digital music players, and mobile phones. The TouchPad(TM), Synaptics' flagship product, is integrated into a majority of today's notebook computers. Consumer electronics and computing manufacturers use Synaptics' solutions to enrich the interaction between humans and intelligent devices through improved usability, functionality, and industrial design. The company is headquartered in Santa Clara, Calif. http://www.synaptics.com/. See gestures for Synaptics TouchPad http://www.youtube.com/watch?v=ShmqUHR7RO0
For further information, please contact:
Rebecca Parr Tara Yingst
Synaptics Edelman
408-454-5178 650-762-2942
rparr@synaptics.com tara.yingst@edelman.com
Synaptics Inc.
CONTACT: Rebecca Parr of Synaptics, +1-408-454-5178, rparr@synaptics.com; or Tara Yingst of Edelman, +1-650-762-2942, tara.yingst@edelman.com, for Synaptics
Web site: http://www.synaptics.com/
Radware's APSolute Immunity(TM) Provides Networks With Ability to Fight Emerging ThreatsAward-Winning DefensePro Deploys Automatic Real-Time Signatures to Safeguard Against Emerging Network Threats Undetectable by Static Signature IPS
MAHWAH, New Jersey, June 23 /PRNewswire-FirstCall/ -- Radware , the leading provider of integrated application delivery solutions for business-smart networking, today introduced its APSolute Immunity security initiative, a new strategic approach that maintains business continuity by protecting the applications infrastructure against existing and emerging network based threats that cannot be detected by traditional IPS such as: application misuse threats, SSL attacks and VoIP service mis-use. Coupled with Radware's DefensePro security solution, this umbrella security strategy allows organizations to move beyond static intrusion prevention systems (IPS) by mitigating attacks that use legitimate application services for malicious activity.
Radware's APSolute Immunity strategy reflects the human immune system's ability to combat a myriad of known and unknown diseases, often without the need of vaccinations, by providing "immunity" against known and unknown vulnerabilities that seek to compromise the health of the application infrastructure. This is vital in ensuring real-time protection against many of today's targeted financially motivated attacks that require more than simple, signature-based detection - including non-vulnerability based threats that misappropriate the use of an application without exploiting any software flaw in its design. Examples of such threats include phishing, brute force, network and application flooding as well as network and application scanning. These threats behave like legitimate user transactions and cannot be detected through a standard signature-based IPS.
"Hackers no longer receive thrills from just hacking into an IT system. Today, concentrating on financial gain, they have added non-vulnerability threats to their arsenal, making detection almost impossible. Radware is currently the only provider to have an IPS solution that uses real-time signatures relying on behavioral analysis technology for identifying and blocking these new types of attacks," stated Rob Ayoub, Analyst, Frost & Sullivan.
With today's introduction of the APSolute Immunity initiative, Radware also offers an upgraded DefensePro solution, version 4.10. This enhanced offering provides greater network visibility, generating detailed reports as to the nature of a network threat or attack, and drawing on client behavioral, network-behavioral and server-behavioral analysis to solve the "lag" associated with non-vulnerability and zero-minute attacks. DefensePro incorporates vulnerability-based IPS features with adaptive behavioral-based IPS that support automatic real-time attack signature generation, to maintain critical application availability when under non vulnerability-based or zero-minute attack by blocking attack traffic without blocking legitimate user traffic.
"Our enhanced APSolute Immunity security approach identifies Layer-7 server resource misuse, abnormal user activity and can block abnormal users' access to the specific server resources such as web pages or service login under attack," said Avi Chesla, Vice-President of Security, Radware Ltd. "This ensures the detection and prevention of attacks that misuse applications while maintaining uninterrupted legitimate user access during attack time".
"Combined with the release of the new DefensePro version 4.10, IT managers and CSOs are provided with behavioral driven real-time signature technology and advanced intelligence into normal and abnormal network behavior with full, real-time visibility into detailed attack signature and attack information. This is critical to ensure greater network, organization and end-user protection against emerging threats," Chesla continued.
Additionally, under the APSolute Immunity umbrella strategy, Radware offers organizations the opportunity to greatly reduce operation expenditures, by offering seamless integration of its transparent security solutions into the network environment by requiring zero modifications to network settings. Further organizational value is achieved through the strategy's "hands-off" approach as APSolute Immunity is self-learning and self-protecting, requiring no human intervention while the network is under attack, and no need for advanced configuration and tuning.
About Radware
Radware , the global leader in integrated application delivery solutions, assures the full availability, maximum performance, and complete security of business-critical applications for more than 5,000 enterprises and carriers worldwide. With APSolute(TM), Radware's comprehensive and award-winning suite of intelligent front-end, access, and security products, companies in every industry can drive business productivity, improve profitability, and reduce IT operating and infrastructure costs by making their networks "business smart." For more information, please visit http://www.radware.com/.
This press release may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the Application Switching or Network Security industry, changes in demand for Application Switching or Network Security products, the timing and amount or cancellation of orders and other risks detailed from time to time in Radware's filings with the Securities and Exchange Commission, including Radware's Form 20-F.
Radware Ltd
CONTACT: Media Relations: Joyce Anne Shulman, +1-201-785-3209, joyceannes@radware.com
Ceragon FibeAir(R) IP-10 Achieves Metro Ethernet Forum CertificationFibeAir IP-10 is now Fully MEF 9 and MEF 14 Certified for Delivering Standard Carrier-Ethernet Services Over Microwave
TEL AVIV, Israel, June 23 /PRNewswire-FirstCall/ -- Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity wireless backhaul solutions, today announced that its leading-edge FibeAir IP-10 solution has earned certification from the Metro Ethernet Forum (MEF). The MEF certification programs are designed to accelerate the deployment of Carrier Ethernet services worldwide by offering assurance to service providers that certified vendor equipment conforms to stringent Carrier Ethernet interoperability requirements. Announced three months ago, in March 2008, FibeAir IP-10 is now fully MEF 9 and MEF 14 certified. Qualification with these technical specifications ensures that FibeAir IP-10 can be used to deliver all MEF-defined standard carrier-Ethernet services, including point-to-point (EPL/EVPL) and multipoint-to-multipoint (E-LAN) services.
Ceragon's FibeAir IP-10 high-capacity microwave Ethernet system was tested by Iometrix, an independent testing lab and the official certification lab of the Metro Ethernet Forum. MEF 9 and MEF 14 are complementary specifications that provide a comprehensive set of test cases to determine the readiness of Carrier Ethernet equipment to deliver standard Ethernet services and ensure interoperability in a multi-vendor environment. MEF certification is now a common requirement in carrier network tenders. With it, system vendor can increase tender opportunities and competitiveness and dramatically reduces testing costs, time-to-market and installation time.
"Ethernet is being used by more and more carriers today, all of whom are looking to benefit from higher bandwidths and lower network costs," said Ray Mota, Chief Analyst at Synergy Research Group. "This trend drives the demand for Carrier Ethernet solutions that offer high band predictable performance to support a range of data, voice and multimedia applications."
"We are pleased to confirm that Ceragon's FibeAir IP-10 is now fully MEF 9 and MEF 14 certified," said Bob Mandeville, President of Iometrix. "MEF standards contribute to the accelerated worldwide adoption of Carrier Ethernet services and are an important milestone on the way to turning Ethernet into a true carrier-class technology."
"Ceragon has again proven its commitment to maintain its position as a leading wireless Ethernet backhaul solutions provider," said Ira Palti, Ceragon's President and CEO. "We were the first to introduce a fully MEF certified Ethernet microwave solution to the market in July 2007. Now we are proud to extend Ceragon's trusted Carrier-grade solutions portfolio with our newest FibeAir IP-10 solution."
For more information about FibeAir IP-10 visit: http://www.ceragon.com/
For more information please visit http://www.metroethernetforum.org/.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ and TASE: CRNT) is a leading provider of high capacity wireless backhaul solutions that enable wireless service providers to deliver voice and premium data services, such as Internet browsing, music and video applications. Ceragon's wireless backhaul solutions use microwave technology to transfer large amounts of network traffic between base stations and the infrastructure at the core of the mobile network. Ceragon designs solutions to provide fiber-like connectivity for circuit-switched, or SONET/SDH, networks, next generation Ethernet/Internet Protocol, or IP-based, networks, and hybrid networks that combine circuit-switched and IP-based networks. Ceragon's solutions support all wireless access technologies, including GSM, CDMA, EV-DO and WiMAX. These solutions address wireless service providers' need to cost-effectively build-out and scale their infrastructure to meet the increasing demands placed on their networks by growing numbers of subscribers and the increasing demand for premium data services. Ceragon also provides its solutions to businesses and public institutions that operate their own private communications networks. Ceragon's solutions are deployed by more than 150 service providers of all sizes, as well as in hundreds of private networks, in nearly 100 countries. More information is available at http://www.ceragon.com/
Ceragon Networks(R), CeraView(R), FibeAir(R) and the FibeAir(R) design mark are registered trademarks of Ceragon Networks Ltd., and Ceragon(TM), PolyView(TM), ConfigAir(TM), CeraMon(TM), EtherAir(TM), QuickAir(TM), QuickAir Partner Program(TM), QuickAir Partner Certification Program(TM), QuickAir Partner Zone(TM), EncryptAir(TM) and Microwave Fiber(TM) are trademarks of Ceragon Networks Ltd.
This press release may contain statements concerning Ceragon's future prospects that are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and projections that involve a number of risks and uncertainties. There can be no assurance that future results will be achieved, and actual results could differ materially from forecasts and estimates. These are important factors that could cause actual results to differ materially from forecasts and estimates. These risks and uncertainties, as well as others, are discussed in greater detail in Ceragon's Annual Report on Form 20-F and Ceragon's other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made and Ceragon undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made.
Company Contact: Investor Contact:
Yoel Knoll Vered Shaked
Ceragon Networks Ltd. Ceragon Networks Ltd.
+972-3-766-6419 +972-3-645-5513
yoelk@ceragon.com ir@ceragon.com
Ceragon Networks Ltd
CONTACT: Company Contact: Yoel Knoll, Ceragon Networks Ltd., +972-3-766-6419, yoelk@ceragon.com; Investor Contact: Vered Shaked, Ceragon Networks Ltd., +972-3-645-5513, ir@ceragon.com
South Africa's Office of the Public Protector Does Justice With SAP SolutionState Ombudsman to Automate Investigations Processes and Boost Efficiency With Investigative Case Management Software Based on SAP(R) CRM 2007
WALLDORF, Germany and PRETORIA, South Africa, June 23
/PRNewswire-FirstCall/ -- SAP AG today announced that South Africa's Office of the Public Protector (OPP) has selected an SAP(R) solution to transform its case management operations, automating its manually driven investigations, reviews, analysis and reporting processes. The office, an independent and impartial constitutional institution, aims to more efficiently fulfill its charter to strengthen democracy by conducting investigations into alleged improper conduct by state organizations. With the new SAP(R) Investigative Case Management for Public Sector package, based on the SAP(R) Customer Relationship Management (SAP CRM) application and the SAP NetWeaver(R) technology platform, the OPP will automate its core processes in facilitating resolution of disputes, reporting and recommending remedial action, and enhancing awareness of the office's role and responsibilities.
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"The Public Protector has the power to investigate any conduct in state affairs, or in the public administration in any sphere of government that is alleged or suspected to be improper or to result in any impropriety or prejudice," said Charles Motau, head of Information Technology, Office of the Public Protector. "We look forward to leveraging the possibilities of modern technology for a more efficient handling of all case-related information. SAP software will be a pivotal element of our new IT infrastructure, and will help us to prepare our reports to the National Assembly with more relevant analytical data and in a more timely manner."
Investigative Case Management: Critical Success Factor for OPP
To keep up with demand for its services, the OPP needed to handle more investigations with existing resources and provide its staff with intuitive, easy-to-use software. With SAP Investigative Case Management for Public Sector, the OPP will automate case management processes and gain a central repository from which staff can access complete information related to any case. Due to the sensitive nature of the OPP's work, the highest levels of security and access rights are needed to ensure that only those with authorization can access and view case information. The intuitive user interface of SAP CRM 2007, the software's holistic approach and the secure, role-based access were among the critical factors that guided the OPP in selecting SAP software.
The case management software combines the highest standards of CRM functionality with the business process flexibility of an open and integrative technology platform. The software is designed to support all aspects of large-scale, time-consuming investigations, involving both a high level of complexity and large numbers of witnesses, documents, exhibits, lines of inquiry and investigative teams.
The software helps users to manage various leads, calls, reports and incidents via workflow tools, and empowers them to easily and quickly route information to the correct parties and alert key investigative specialists where appropriate. Users can also integrate the SAP Investigative Case Management package with third-party tools for visualization and text mining, graphical information systems and biometric solutions. Key requirements for the implementation also include SAP audit capabilities with read-logging on any people or case-related information.
The implementation of the software package at South Africa's OPP began June 1, 2008, with support from two SAP partners: Nambiti Technology and MIIB Consulting. The go-live is planned for the end of 2008.
"We are proud that our software solution will help the Office of the Public Protector to deliver on its mission and to reach its ambitious goals," said Tom Shirk, president, SAP Global Public Services. "We hope that the new system helps to support the OPP in its important task to guarantee a high level of transparency and justice in South African government and society. We wish the OPP all the best in its important work for the future of South Africa."
About South Africa's Office of the Public Protector
Most democracies have a national institution similar to that of the Public Protector, which is empowered by legislation to assist in establishing and maintaining efficient and proper public administration. With the founding of a modern democracy in South Africa, it was decided that such an institution should also form part of the establishment of institutions that will protect fundamental human rights and that will prevent the state from treating the public in an unfair and high-handed manner.
Established in October 1995, South Africa's Office of the Public Protector receives complaints from aggrieved persons against government agencies or officials and has the power to investigate, recommend corrective action and issue reports. An investigation can be started by the OPP in case of improper prejudice suffered by the complainant or another person as a result of abuse of power, the violation of a human right or any other cause brought about or decision taken by the authorities, in the case of maladministration, improper dealings with respect to public money, improper enrichment or receipt of improper advantage.
About SAP(R) for Public Sector
The SAP(R) for Public Sector solution portfolio provides comprehensive solutions to help governments and public organizations improve economic viability and increase process efficiency and transparency while maximizing public value for the constituent. The solution portfolio is based on the open SAP NetWeaver(TM) technology platform to support the integration of government business processes to help optimize limited resources, increase process efficiency and transparency, and support collaborative outcomes between two or more government agencies. (Additional information at http://www.sap.com/publicsector/)
About SAP(R) Customer Relationship Management
SAP offers market-leading customer relationship management (CRM) solutions, based on an enterprise service-oriented architecture, that help companies drive new growth, maintain competitive agility and attain operational excellence through customer-centric processes. Delivering best-in-class front-office capabilities with enabling end-to-end, industry-specific processes, the SAP(R) CRM application enables customers to empower their teams, delight their customers and grow their business by driving rapid user adoption and enhanced productivity. SAP CRM is one of the core applications within the SAP(R) Business Suite that is built upon the SAP NetWeaver(R) platform. The software helps companies empower employees with the real-time information and analysis they need to gain customer insight, acquire new customers, boost customer loyalty and build lasting relationships. (For more information, visit http://www.sap.com/crm).
About SAP
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 47,800 customers (excludes customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." (For more information, visit http://www.sap.com/).
(*) SAP defines business software as comprising enterprise resource
planning and related applications.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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