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Dow Jones Insight-2008 Presidential Election Media Pulse: Campaign Finance Proving to Be Unfavorable Issue for Obama and McCain
NEW YORK, June 24 /PRNewswire/ -- Results from the Dow Jones Insight-2008 Presidential Election Media Pulse show that both presumed presidential nominees were dealt a blow concerning the issue of campaign finance, but Barack Obama still came out on top with both more funds and more favorable coverage.
Campaign-Finance Issue Causing Trouble for Both Candidates
Obama announced June 19 that he would not take public financing for the general election, a decision that allows him to spend the record-breaking several hundred million dollars he's raised thus far but which the McCain camp says is a reversal of a pledge he'd made earlier in the campaign. McCain, meanwhile, has raised far less overall and plans to accept public financing.
Obama has received quite a bit of bad press over the announcement and has been labeled a flip-flopper by some. But it appears that the discussion of McCain's resulting financing disadvantage has ultimately outweighed the flip-flopper criticism and produced more negative language in association with McCain than with Obama.
-- For the five days after Obama's announcement (June 19-23), Dow Jones Insight identified 1,118 press documents mentioning Obama and/or McCain in proximity to terms related to campaign finance, and 538 of these documents contained either favorable or unfavorable language dominating in reference to the candidate and issue.
-- Of non-neutral coverage, we found that Obama was discussed unfavorably on the topic of fundraising in 249 separate articles, or 86% of his total non-neutral coverage, while just 42 articles, or 14%, discussed Obama and financing using favorable language.
-- McCain fared worse, as 222 articles, or 90% of his non-neutral coverage, was unfavorable, and just 25 documents, or 10%, were favorable.
The Race of 'Race'
Race continues to be a part of the pack of key issues for Barack Obama as the campaign moves into the nuts-and-bolts phase of the general election. Over the past 14 days, Dow Jones Insight tracked how media outlets have been covering Obama and the issue of race in comparison to other current high-profile issues.
-- In the mainstream press, race was the top attention-getter in relation to Obama, with 5,101 mentions, edging out discussions of him on the issue of the faltering economy, which totaled 5,020 mentions during the period examined.
-- Taxes and fundraising were also well-covered topics in press articles about Obama, with 4,528 and 4,090 mentions, respectively.
-- In social-media sources, race was a close second in terms of number of mentions in conjunction with Obama with 4,265, trailing faith-related discussions, which totaled 4,412 mentions. Both faith and race reflected continuing rumors and denials about Obama's religious affiliation, his apologies to two Muslim women wearing head scarves who were asked to change seats at a rally, and reports on the Father's Day speech he made in a Chicago church. As it did in the mainstream press, fundraising ranked high, with 2,547 mentions, while the economy and taxes lagged far behind with just 1,928 and 1,898 mentions, respectively.
The Dow Jones Insight-2008 Presidential Election Media Pulse provides a high-level view of a competitive media landscape and demonstrates how candidates and issues are covered in the media and how that coverage changes over time. Dow Jones Insight combines proven research methodologies, trusted content and advanced text-mining and visualization tools to deliver strategic qualitative and quantitative media measurement metrics. Organizations use the analysis to nurture their reputation, demonstrate the effectiveness of their communications strategies and achieve business objectives. The platform processes nearly a million articles, Web pages, blogs and message board posts per day.
The charts are available at http://dowjonesinsight.blogspot.com/ and can be reproduced in print and online media. For further information about the Dow Jones Insight solutions or The Dow Jones Insight-2008 Presidential Election Media Pulse, please contact Shannon Sullivan at +1 609 627 2312 or shannon.sullivan@dowjones.com
ABOUT DOW JONES
Dow Jones & Company (http://www.dowjones.com) is a News Corporation company (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; http://www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.
Dow Jones & Company
CONTACT: Shannon Sullivan of Enterprise Media Group Public Relations for
Dow Jones & Company, +1-609-627-2312, Fax, +1-609-627-2301,
shannon.sullivan@dowjones.com
Web site: http://www.dowjones.com/
http://dowjonesinsight.blogspot.com/
http://www.newscorp.com/
Henry Bros. Electronics Added To the Russell Microcap Index
FAIR LAWN, N.J., June 24 /PRNewswire-FirstCall/ -- Henry Bros. Electronics, Inc. , a turnkey provider of technology-based integrated electronic security solutions, today announced that it has been selected for inclusion in the Russell Microcap Index, according to the preliminary list of additions issued by the Russell Investment Group on June 13, 2008. The Company will officially be a member of the index when it is reconstituted on June 30, 2008.
Annual reconstitution of Russell's U.S. indices captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Russell determines membership for its equity indices primarily by objective market capitalization rankings and style attributes.
Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4.4 trillion in assets currently are benchmarked to them. These investment tools originated from Russell's multi-manager investment business in the early 1980s when the company saw the need for a more objective, market-driven set of benchmarks in order to evaluate outside investment managers.
Brian Reach, President and Chief Operating Officer of Henry Bros. commented on the addition, stating, "We view the addition of Henry Bros. to the Russell Microcap Index as a significant milestone for our Company. We have worked to increase our sales and improve efficiencies over the past several years, and this work has been recognized by our investors, and resulted in an increase in our market capitalization. Our addition to the Russell Microcap will undoubtedly expose a wider audience of institutional investors to the Henry Bros. investment story, and serve to supplement our ongoing investor relations efforts."
About Henry Bros. Electronics, Inc.
Henry Bros. Electronics provides technology-based integrated electronic security systems, services and emergency preparedness consultation to commercial enterprises and government agencies. The Company has offices in Arizona, California, Colorado, Maryland, New Jersey, New York, Texas and Virginia.
For more information, visit http://www.hbe-inc.com/.
Safe Harbor Statement: Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward looking statements is contained under the heading of risk factors listed in the Company's filings with the U.S. Securities and Exchange Commission. Henry Bros. Electronics Inc. does not assume any obligation to update the forward-looking information.
Investor Contacts:
Todd Fromer / Erika Kay Jim Henry,
Chairman & Chief Executive Officer
KCSA Strategic Communications Henry Bros. Electronics, Inc.
212-896-1215 / 212-896-1208 201-794-6500
tfromer@kcsa.com / ekay@kcsa.com jhenry@hbe-inc.com
Henry Bros. Electronics, Inc.
CONTACT: Todd Fromer, +1-212-896-1215, tfromer@kcsa.com, or Erika Kay
+1-212-896-1208, ekay@kcsa.com, both of KCSA Strategic Communications for
Henry Bros. Electronics, Inc.; or Jim Henry, Chairman & Chief Executive
Officer of Henry Bros. Electronics, Inc., +1-201-794-6500, jhenry@hbe-inc.com
Web site: http://www.hbe-inc.com/
Global Payments Completes New Term Loan Agreement to Support Strategic Growth
ATLANTA, June 24 /PRNewswire-FirstCall/ -- Global Payments Inc. , a leading provider of electronic transaction processing solutions, announced today the completion of a five-year, $200 million term loan credit agreement with a syndicate of financial institutions. The term loan expires in June 2013 and has a variable interest rate based on a market short term floating rate plus a margin that varies according to Global's leverage position.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO )
Global intends to use the term loan proceeds of $200 million to pay for a portion of the $439 million purchase price for its 51 percent ownership in the recently announced joint venture with HSBC Bank plc. The joint venture will provide payment processing services to merchants in the United Kingdom and Internet merchants globally. For the remaining portion of the purchase price, Global will use its excess cash and approximately $45 million of its existing $350 million revolving credit facility.
"We are pleased to complete this new financing on attractive terms and with an outstanding group of supportive bank partners. This term loan not only enables the completion of our promising new joint venture with HSBC in the United Kingdom, but also preserves the vast majority of our $350 million revolving credit facility to fund future strategic acquisitions and other growth objectives," said Chief Financial Officer, Global Payments Inc., Joseph C. Hyde.
Global Payments Inc. is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, Latin America, Europe and the Asia-Pacific region. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management. The company also provides consumer money transfer services from the United States and Europe to destinations in Latin America, Morocco, and the Philippines. For more information about the company and its services, visit http://www.globalpaymentsinc.com/ .
This announcement by Global Payments may contain certain forward-looking statements within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including revenue and earnings estimates and management's expectations regarding future events and developments, are forward-looking statements and are subject to significant risks and uncertainties. Important factors that may cause actual events or results to differ materially from those anticipated by such forward-looking statements include the following: continued certification by credit card associations, foreign currency risks, competition and pricing, product demand, market and customer acceptance, development difficulties, the effect of economic conditions and consumer spending, security breaches or systems failures, costs of capital, changes in state, federal or foreign laws and increases in credit card association fees, utility or system interruptions, the ability to consummate and integrate acquisitions, and other risks detailed in the Company's SEC filings, including the most recently filed Form 10-Q or Form 10-K, as applicable. The Company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events.
Contact: Jane M. Elliott
770-829-8234 Voice
investor.relations@globalpay.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Global Payments Inc.
CONTACT: Jane M. Elliott of Global Payments Inc., +1-770-829-8234,
investor.relations@globalpay.com
Web site: http://www.globalpaymentsinc.com/
Advanced Digital Printing Adds Second Presstek 52DI(R) PressExpanded application range and extreme productivity drive business growth
HUDSON, N.H., June 24 /PRNewswire-FirstCall/ -- Presstek, Inc. , the leading manufacturer and marketer of digital offset printing business solutions, reported that New York-based Advanced Digital Printing has acquired its second Presstek 52DI digital offset press, just seven months after purchasing the first one.
"We saw an opportunity to expand our production of packaging materials to encompass the additional printed materials our customers require," said Elazar Wadler, Chief Information Officer for Advanced Digital Printing. "The larger format size of the 52DI press, combined with its ability to handle heavy stocks and its fast and efficient makeready have allowed us to significantly expand our product offerings and our revenues." Wadler points out that the company has also added conventional die-cutting to facilitate the production of packaging items produced on board stock, applications that can only be produced because of the DI press. Wadler replaced a two-page, four color conventional offset press with his first 52DI. "The 300 lpi print quality is outstanding," he adds. "This capability gives us another feather in our cap as we work with our customers to develop even more applications."
Presstek DI presses are the most efficient means of producing fast turnaround short-run, high quality color on a wide range of substrates. All plates are simultaneously imaged on-press, in precise register, and the press comes up to color quickly; in as few as 20 sheets. This is especially important when using expensive printing stocks. The DI's waterless printing ensures fast drying and reduced water consumption, and its chemistry-free platemaking combined with reduced paper waste also ensures cost effective production and an optimum environmental footprint.
"These presses are extremely reliable and productive," adds Wadler. "We run them 24 hours per day, and have already put six million impressions on our first 52DI, with a million on the second press in the first six weeks. We expect this growth trend to continue as customers seek cost-effective, short run color solutions."
"Advanced Digital Printing is a great example of an enterprising print service provider who is leveraging the full capabilities of the Presstek 52DI press for improved profitability, capability and competitiveness," said Mark Levin, Presstek President of the Americas. "Mr. Wadler discovered a business opportunity and applied the best technology to ensure market leadership and business growth. His acquisition of a second DI press in such a short window validates his smart business decision."
Advanced Digital Printing is also producing short-run flyers, brochures, newsletters and other promotional materials, in addition to its core packaging products, on its two Presstek 52DI presses.
Presstek 52DI: Bridges the Gap
The highly automated Presstek 52DI digital offset press delivers environmentally friendly high quality, short run four-color offset printing, economical in run length quantities as low as 250. Today, Presstek DI presses are the bridge that spans the strategic gap between conventional offset and digital toner-based presses. According to InfoTrends research, the Presstek DI delivers a 50 percent cost savings on average per letter-size page when compared to a high-volume production color digital press and job profitability is 13 percent higher on a DI press when compared to a conventional offset press.
The Presstek 52DI is a 52cm landscape format press with a maximum sheet size of 20.47 x 14.76 inches. This press supports 300 lpi printing, as well as stochastic (FM) screening without incurring additional time or expense, and can handle a wide range of substrates from onion skin to heavy card stock, as well as synthetics.
To See a 52DI Demonstration
To reserve a personal demonstration at Presstek's Digital Power Printing Forums being held throughout North America, please visit http://www.presstek.com/ or call 800-527-0003 x3599. These events offer a unique opportunity for print service providers to see Presstek DI, CTP and workflow solutions in action in a non-tradeshow environment. Upcoming events include:
East Rutherford, New Jersey August 19th to 21st
Seattle, Washington August 26th to 28th
Calgary, Alberta Canada September 2nd to 4th
About Presstek
Presstek, Inc. is the leading manufacturer and marketer of high tech digital imaging solutions to the graphic arts and laser imaging markets. Presstek's patented DI(R), CTP and plate products provide a streamlined workflow in a chemistry-free environment, thereby reducing printing cycle time and lowering production costs. Presstek solutions are designed to make it easier for printers to cost effectively meet increasing customer demand for high-quality, shorter print runs and faster turnaround while providing improved profit margins. Presstek subsidiary, Lasertel, Inc., manufactures semiconductor laser diodes for Presstek's and external customers' applications. For more information visit http://www.presstek.com/, or call 603-595- 7000 or email: info@presstek.com.
DI is a registered trademark of Presstek, Inc.
Contacts
Investor Relations Trade Relations
Kathleen Makrakis Betty LaBaugh
Director of Investor Relations Public Relations Manager
203-485-7534, ext. 1432 603-594-8585, ext. 3441
kmakrakis@presstek.com blabaugh@presstek.com
Presstek, Inc.
CONTACT: Investor Relations, Kathleen Makrakis, Director of Investor
Relations, +1-203-485-7534, ext. 1432, kmakrakis@presstek.com; Trade
Relations, Betty LaBaugh, Public Relations Manager, +1-603-594-8585, ext.
3441, blabaugh@presstek.com, both of Presstek Inc.
Web site: http://www.presstek.com/
Novellus Announces Availability and Timing of Analyst and Press Event at Semicon West and Second Quarter 2008 Earnings Webcast
SAN JOSE, Calif., June 24 /PRNewswire-FirstCall/ -- Novellus Systems, Inc. , today announced that it will provide live webcasts of the following events on July 14, 2008:
Second Quarter 2008 Earnings 1:30 - 2:30 p.m. PDT (4:30 p.m. EDT)
Analyst and Press Event at Semicon West 2008 4:00 p.m. PDT (7:00 p.m. EDT)
These presentations will be available to interested listeners through a webcast that can be accessed on Novellus' Investor Relations home page, located at http://www.novellus.com/. A replay of the second quarter 2008 earnings webcast will be available until July 14, 2009. A replay of the analyst and press event webcast at Semicon West 2008 will be available until July 21, 2008.
About Novellus:
Novellus Systems, Inc. is a leading provider of advanced process equipment for the global semiconductor industry. The company's products deliver value to customers by providing innovative technology backed by trusted productivity. An S&P 500 company, Novellus is headquartered in San Jose, Calif. with subsidiary offices across the globe. For more information please visit http://www.novellus.com/
Novellus Systems, Inc.
CONTACT: Robin S. Yim, Investor Relations of Novellus Systems, Inc.,
+1-408-943-9700
Web site: http://www.novellus.com/
Conversion Services International Announces Data Warehouse Redesign Engagement with Major Financial Services Client-CSI engaged to ensure successful design of new data warehouse-
EAST HANOVER, N.J., June 24 /PRNewswire-FirstCall/ -- Conversion Services International, Inc. , a premier professional services firm focused on delivering business intelligence and business process optimization solutions to Global 2000 organizations and other businesses, today announced a new engagement with the marketing subsidiary of a world leader in insurance and financial services.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO )
This client recently completed a merger and needed to combine their corporate data into a new system as a necessity of the merger process. With an identified need for resources and expertise to meet mandated deadlines, they selected CSI for its experience in both complex information management architecture and merger and integration processes. CSI will be developing the data streams from multiple source systems and converting the data for integration into the merged organizations' new system, using best practices to ensure data quality, efficiency of the new system and data connectivity. CSI's understanding of the challenges involved in integrating data in a merger scenario -- along with the ability to provide a flexible model, fixed-price and guaranteed delivery time -- was key to winning this engagement.
According to Scott Newman, CSI's chief executive officer, "The accuracy and quality of customer and company data that is consolidated during a merger is critical to business success. The accuracy and completeness of the data is essential to providing both quality customer information and company operating information after the merger is complete. As a trusted advisor to this client, with hands-on expertise in both information management and merger/integration best practices, we're able to increase the efficiency and accuracy of the data feeding from their legacy systems to their new data warehouse structure, directly impacting the new organization's business success."
About Conversion Services International, Inc.
Conversion Services International, Inc. (CSI) is a leading provider of professional services focusing on strategic consulting, data warehousing, business intelligence, business process reengineering, as well as integration and information technology management solutions. CSI offers an array of products and services to help companies define, develop, and implement the warehousing and strategic use of both enterprise-wide and specific categories of strategic data. CSI's customers include ADP, Coach, Goldman Sachs, Liberty Mutual, Merck, Morgan Stanley, and Pfizer. Information about CSI can be found on the web at http://www.csiwhq.com/ or by calling its corporate headquarters at 888-CSI-5036.
Note on Forward-Looking Statements
Except for the historical information contained herein, this press release contains, among other things, certain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such statements may include, without limitation, statements with respect to CSI's plans, objectives, expectations and intentions and other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans" or similar expressions. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond CSI's control). CSI undertakes no obligation to update publicly any forward-looking statements.
Media Contact:
Tracee Lee Beebe
Conversion Services International, Inc.
973-560-9400
tbeebe@csiwhq.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Conversion Services International, Inc.
CONTACT: Tracee Lee Beebe of Conversion Services International, Inc.,
+1-973-560-9400, tbeebe@csiwhq.com
Web site: http://www.csiwhq.com/
Vonage Applauds Congress for Passing the New and Emerging Technologies 911 Improvement Act of 2008
HOLMDEL, N.J., June 24 /PRNewswire-FirstCall/ -- Vonage, a leading provider of digital phone services, today hailed the United States House of Representatives' passage of the New and Emerging Technologies 911 Improvement Act of 2008. This new act grants long awaited rights and protection to VoIP service providers to interconnect to the traditional 911 network operated by incumbent telephone providers.
"Vonage is grateful for the many efforts in Congress to make this legislation a priority. It helps consumers, Public Safety and Vonage support the best possible emergency solution," said Jeffrey Citron, Chairman, Chief Strategist, and Interim CEO of Vonage. "With over 98% of our subscriber's lines with access to E911, Congress has provided additional tools, leadership and encouragement to get all parties to work together."
Vonage's E911 solution enables a customer's call to be automatically routed to the appropriate 911 center, with the caller's registered street address and telephone number appearing on the dispatcher's screen -- regardless of where or what exchange they are calling from.
The bill having passed both the Senate and House now awaits President Bush's signature.
Vg-a
About Vonage
Vonage is a leading provider of digital phone services with over 2.6 million subscriber lines. Our award-winning technology enables anyone to make and receive phone calls with a touch tone telephone almost anywhere a broadband Internet connection is available. We offer feature-rich and cost-effective communication services that offer users an experience similar to traditional telephone services.
Our Residential Premium Unlimited and Small Business Unlimited calling plans offer consumers unlimited local and long distance calling, and popular features like call waiting, call forwarding and voicemail - for one low, flat monthly rate. Vonage's service is sold on the web and through national retailers including Best Buy, Circuit City, Wal-Mart Stores Inc. and Target and is available to customers in the U.S., Canada and the United Kingdom. For more information about Vonage's products and services, please visit http://www.vonage.com/.
Vonage Holdings Corp. is headquartered in Holmdel, New Jersey. Vonage(R) is a registered trademark of Vonage Marketing Inc., a subsidiary of Vonage Holdings Corp.
This press release contains forward-looking statements relating to our E911 deployment. In addition, statements in this press release that are not historical facts or information may be forward-looking statements. The forward-looking statements in this release are based on information available at the time the statements are made and/or management's belief as of that time with respect to future events and involve risks and uncertainties that could cause actual results and outcomes to be materially different. Important factors that could cause such differences include, but are not limited to, our history of net operating losses and our need for cash to finance our growth; the competition we face; our dependence on our customers' existing broadband connections; differences between our service and traditional phone services, including our 911 service; uncertainties relating to regulation of VoIP services; system disruptions or flaws in our technology; our ability to manage our growth; the risk that VoIP does not gain broader acceptance; and other factors described in the "Risk Factors" section of our registration statement on Form S-1, as amended (File No. 333-136773), and in our subsequent periodic reports filed with the SEC. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, and therefore, you should not rely on these forward- looking statements as representing our views as of any date subsequent to today.
Vonage
CONTACT: Michael Zema of Vonage, +1-732-528-2677,
michael.zema@vonage.com; or Katie Pagliara of Access Communications for
Vonage, +1-917-522-3531, kpagliara@accesspr.com
Web site: http://www.vonage.com/
Valassis Enters Into Sale and Leaseback Agreement for Windsor, Conn. LocationsNet Proceeds to be Applied to Debt
LIVONIA, Mich., June 24 /PRNewswire-FirstCall/ -- Valassis , one of the nation's leading media and marketing services companies, announced today the sale of three company-owned buildings in Windsor, Conn. and the leaseback of two of those buildings, under long-term lease agreements. The building sales generated net cash proceeds of approximately $29 million. As required under the company's March 2007 Senior Secured Credit Facility, the net proceeds from the building sales will be used to repay a portion of the company's term loan B and delayed draw term loan portions of its Senior Secured Credit Facility.
Valassis sold buildings located at Ten Targeting Centre, One Targeting Centre and 235 Great Pond Drive, Windsor, Conn. The company entered into long-term lease agreements for the latter two buildings, used for office space and as a shared mail production facility, respectively.
"This decision is consistent with our overall corporate philosophy, management of our facilities and integration plans to drive efficiencies," said Alan F. Schultz, Valassis Chairman, President and CEO. "We continue to focus our efforts on our core business and not the management of real estate. Our long-term lease of the Windsor buildings is reflective of our commitment to the shared mail business, the Windsor location and community."
About Valassis
Valassis is one of the nation's leading media and marketing services companies, offering unparalleled reach and scale to more than 15,000 advertisers. Its RedPlum media portfolio delivers value on a weekly basis to over 100 million shoppers across a multi-media platform -- in-home, in-store and in-motion. Through its newest offering -- redplum.com -- consumers will find compelling national and local deals online. Headquartered in Livonia, Michigan with approximately 7,000 associates in 28 states and nine countries, Valassis is widely recognized for its associate and corporate citizenship programs, including its America's Looking for Its Missing Children(R) program. Valassis companies include Valassis Direct Mail, Inc., Valassis Canada, Promotion Watch, Valassis Relationship Marketing Systems, LLC and NCH Marketing Services, Inc. For more information, visit http://www.valassis.com/ or http://www.redplum.com/ .
Safe Harbor and Forward-Looking Statements
Certain statements found in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of Valassis to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: price competition from Valassis' existing competitors; new competitors in any of Valassis' businesses; a shift in client preference for different promotional materials, strategies or coupon delivery methods; an unforeseen increase in Valassis' paper or postal costs; changes which affect the businesses of Valassis' clients and lead to reduced sales promotion spending; challenges and costs of achieving synergies and cost savings in connection with the acquisition of ADVO and integrating ADVO's operations may be greater than expected; Valassis' substantial indebtedness, and its ability to incur additional indebtedness, may affect Valassis' financial health; certain covenants in Valassis' debt documents could adversely restrict Valassis' financial and operating flexibility; fluctuations in the amount, timing, pages, weight and kinds of advertising pieces from period to period, due to a change in Valassis' clients' promotional needs, inventories and other factors; Valassis' failure to attract and retain qualified personnel may affect its business and results of operations; a rise in interest rates could increase Valassis' borrowing costs; the outcome of ADVO's pending shareholder lawsuits; possible governmental regulation or litigation affecting aspects of Valassis' business; and general economic conditions, whether nationally or in the market areas in which Valassis conducts its business, may be less favorable than expected. These and other risks and uncertainties related to Valassis' business are described in greater detail in its filings with the United States Securities and Exchange Commission, including Valassis' reports on Forms 10-K and 10-Q, and the foregoing information should be read in conjunction with these filings. Valassis disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Valassis
CONTACT: Mary Broaddus, Director, Investor Relations and Corporate
Communications of Valassis, +1-734-591-7375, broaddusm@valassis.com
Web site: http://www.valassis.com/
http://www.redplum.com/
Aon eSolutions Releases Environmental ModuleProvides property owners and real estate developers with comprehensive, real-time view of environmental risks, compliance and coverage issues
CHICAGO, June 24 /PRNewswire-FirstCall/ -- Aon eSolutions, the client technology arm of Aon Corporation and the leading provider of global risk and insurance solutions, today announced it has released a new Environmental module as part of RiskConsole, its market-leading, browser-based risk management information system (RMIS).
(Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)
Developed in conjunction with Aon Environmental Services Group, RiskConsole's new Environmental module provides organizations with the ability to effectively manage the multi-faceted environmental due diligence process, which generates volumes of sampling data, assessment reports, regulatory correspondence, and other legal correspondence.
The environmental liabilities associated with the purchase, sale, and development of properties can be extremely complex and costly. Risk managers must be vigilant in addressing environmental issues to reduce the possibility of losses. As an essential step in any real estate transaction, a piece of property must be evaluated for environmental contamination and potential liabilities for the new owner in regards to cleanup costs.
"In today's litigious environment, managing the mountain of environmental material is a daunting task," said Kathleen Burns, chief executive officer of Aon eSolutions. "RiskConsole now enables efficient tracking and warehousing of information to thoroughly document environmental conditions. Clients can utilize this information to resolve prospective conflicts over indemnities and regulatory actions, as well as to obtain the best-possible environmental insurance coverage for their individual properties or portfolios."
Through this collaborative endeavor with the Aon Environmental Services Group, Aon eSolutions offers an Environmental due diligence system unparalleled in the industry. Key features and benefits of this RiskConsole module include:
-- The ability to manage the complex environmental due diligence process, as well as the environmental insurance submission and renewal process.
-- An easy-to-use browser-based interface provides security-enabled access for brokers, risk managers, underwriters, engineers, and asset managers. At renewal time, clients can provide competing carriers with access to the module, eliminating the need for underwriters to travel in order to review the hundreds of environmental documents that exist.
-- Real-time access to environmental coverage, enhancements, deductibles, limits, exclusions, and claims history for individual properties, as well as information on an aggregate portfolio basis. Clients can manage environmental issues and coverage for both current properties and potential acquisitions.
-- Increased efficiencies through automatic scheduling of reports and distribution of email alerts that notify clients of pre-defined risk events, such as the existence of non-compliant locations.
-- Client-owned data with complete portability regardless of broker or insurer relationship.
"The amount of time saved is astronomical," said Mitch Cohen, senior broker with Aon's Environmental Services Group. "In the past, property owners and real estate developers used spreadsheets to track environmental coverage. At renewal, they copied environmental documents onto a CD and sent it to the underwriter and engineer. The entire process was cumbersome and time-consuming. Today, RiskConsole functions as a comprehensive data repository to share environmental information in real time. As a result, uploaded data is provided to the underwriter in a matter of minutes-rather than weeks and days."
About Aon
Aon eSolutions is the client technology solutions arm of Aon Corporation . We provide innovative products, services and solutions to meet the diverse and varied needs of risk and insurance professionals. Our best-in-class systems-iVOS, RiskConsole, AonLine, and SafetyLogic-provide an unparalleled and integrated risk and insurance technology suite. This award-winning technology streamlines business processes and optimizes resources through a personalized and configurable approach and has resulted in measurable value for our clients. For more information on Aon eSolutions, log onto http://www.aon-esolutions.com/.
Aon Corporation is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting. Through its 36,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was named the world's "best broker" by Euromoney magazine's 2008 Insurance Survey. Aon also was ranked by A.M. Best as the number one global insurance brokerage in 2007 based on brokerage revenues, and voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 by the readers of Business Insurance. For more information on Aon, log onto http://www.aon.com/.
Media Contact:
Tammy Delatorre
661-775-0550
tammydelatorre@yahoo.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Aon Corporation
CONTACT: Tammy Delatorre of Aon Corporation, +1-661-775-0550,
tammydelatorre@yahoo.com
Web site: http://www.aon-esolutions.com/
http://www.aon.com/
SCM Microsystems Unveils Secure USB Token for Passwords, Network IdentitiesConvenient and Secure Access Solution Receives SME Innovation Award for IT Security
ISMANING, Germany, June 24 /PRNewswire-FirstCall/ -- SCM Microsystems, Inc. , a leading provider of solutions that open the Digital World, today announced CHIPDRIVE(R) MyKey(TM), a new, highly secure USB device that makes it safer and easier for people to access the Internet and information networks.
Based on smart card technology, CHIPDRIVE MyKey is a personal device that stores passwords, credit card numbers and other sensitive information. It works with a simple application that facilitates filling in username/password logins and online forms. Users insert it into a USB slot on a PC or notebook and enter a PIN (Personal Identification Number) to automatically answer login password requests, access personal data and easily fill in online forms to streamline shopping and other interactions with Web-based services.
CHIPDRIVE MyKey is convenient for users because it eliminates the need to remember multiple passwords and because it can be used safely anywhere. The compact device holds the encrypted information instead of the PC, so once the device is removed the information is not available to anyone else. This better protects privacy, identity and sensitive data, particularly in situations where others may have access to the computer, such as at work or at Internet cafes or airport kiosks.
For its CHIPDRIVE MyKey solution, SCM Microsystems received a 2008 Innovation Award for IT Security from the German-based Initiative for Small and Medium-Sized Enterprises (SMEs), an organization that provides IT consulting and market trend analysis. Since 2004, the Innovation Award has been presented annually for select new products based on criteria including benefit, innovation, and suitability for SMEs. The award jury consists of scientists, industry experts and specialized journalists. This year's jury evaluated 1,600 products, solutions and services for SMEs.
"The fact that the judges selected CHIPDRIVE MyKey from a field of 1,600 entries is a great testimony to the work of our team and how well our solution fits the needs of today's IT security market," said Dietmar Wendling, vice president marketing of SCM Microsystems. "We are also excited that SCM's CHIPDRIVE brand is gaining recognition for its easy to use productivity and security solutions for small and medium businesses."
The CHIPDRIVE MyKey package includes the CHIPDRIVE MyKey USB Token, a pre-cut CHIPDRIVE Masterkey 24k chip card and accompanying software on CD-ROM. More information is available at http://www.chipdrive.net/.
About CHIPDRIVE
Through its CHIPDRIVE product line, SCM Microsystems offers affordable, customized solutions for security, authentication, home banking and e-commerce to small and medium-sized enterprises and individuals. CHIPDRIVE secure card readers are based on industry standards and are ideal for providing user authentication and home banking. Smart card-based software solutions for applications such as network logon and time recording round off the range of CHIPDRIVE products. CHIPDRIVE stands for compatibility with industrial standards, easy handling and highest possible security. For more information, please visit http://www.chipdrive.net/.
About SCM Microsystems
SCM Microsystems is a leading provider of solutions that open the Digital World by enabling people to conveniently access digital content and services. The company develops, markets and sells the industry's broadest range of smart card reader technology for secure PC, network and physical access and digital media readers for transfer of digital content to OEM customers in the government, financial, enterprise, consumer electronics and photographic equipment markets worldwide. Global headquarters are in Ismaning, Germany. For additional information, visit the SCM Microsystems web site at http://www.scmmicro.com/.
Note: CHIPDRIVE is a registered trademark and MyKey is a trademark of SCM Microsystems. All trademarks are the property of their respective owners.
SCM Microsystems, Inc.
CONTACT: Annika Oelsner, +49 89 9595-5220, aoelsner@scmmicro.de, or
Darby Dye, +1-510-249-4883, ddye@scmmicro.com, both of SCM Microsystems, Inc.
Web site: http://www.scmmicro.com/
http://www.chipdrive.net/
Association of Educational Publishers Recognizes Pearson With Awards for Year's Best Education ProductsScott Foresman-Addison Wesley enVisionMATH, Next-Generation K-5 Math Curriculum, and Longman English Interactive Online Named Winners
NEW YORK, June 24 /PRNewswire-FirstCall/ -- At its annual awards ceremony in Washington, D.C., the Association of Educational Publishers (AEP) honored two Pearson products as the year's "most outstanding" materials in the field of teaching and learning. Scott Foresman-Addison Wesley enVisionMATH and Longman English Interactive Online Level 2 were honored with 2008 Distinguished Achievement Awards.
"Scott Foresman-Addison Wesley enVisionMATH and Longman English Interactive Online Level 2 from Pearson are both prime examples of the creative ways that companies are using today's innovative technology to help all students excel in the classroom," said Charlene Gaynor, CEO, AEP. "Whether it is building a firm foundation in mathematics for elementary students or helping high school English Language Learners build literacy skills, it is exciting to see Pearson and the other Distinguished Achievement Award winners developing products that meet the unique needs of today's students."
Scott Foresman-Addison Wesley enVisionMATH, the first-of-its-kind elementary math curriculum combining visual animation and next-generation technologies with a comprehensive foundation in math skills, was named the winner of the Distinguished Achievement Award for "Curriculum, Mathematics Instruction, Books, Textbooks, Grades K-5." Four years in the making, enVisionMATH is a research-based program that blends visual animations and compelling graphic text centered on conceptual understanding and helping students develop their reasoning ability for problem-solving -- the critical foundation for higher level math.
Pearson's senior vice president for mathematics Mike Evans said, "We are honored that the AEP has recognized the ground-breaking components of enVisionMATH. Hundreds of districts across the country have adopted this new program since its launch earlier this year, citing its focus on conceptual understanding and problem-solving -- with the goal of helping our children master the math skills they will need to be successful in their 21st century careers."
Longman English Interactive was honored with the Distinguished Achievement Award for "Curriculum, ESL/ELL Instruction, Technology, Websites, Grades 9-12." Longman English Interactive is an online, four-level, video-based integrated-skills program that includes more than 100 hours of instruction per level. The program provides presentation and practice in grammar, speaking, listening, vocabulary, pronunciation, reading and writing. Students can use the online program to learn English anytime, anywhere, receiving automated feedback as they develop their language skills. Contemporary video with engaging characters presents language in context, and cultural notes help learners understand cultural differences and learn a new language in a broad social context.
"Longman English Interactive offers high school students and young adults whose first language is not English a powerful tool for building language skills for reading, writing, speaking and listening," said Joanne Dresner, president of Pearson Longman. "As the world's leading provider of instructional materials for English learners, we are honored that AEP recognizes the importance of reaching this unique student population with high-quality online instructional tools.
This award is a great honor and further validates the long-standing reputation of the Longman brand and its commitment to producing the very best products for English learners everywhere."
The Distinguished Achievement Awards recognize the best educational resources within the categories of Curriculum, Periodicals and Professional Development. An expert panel of educators, editors, designers and technology specialists evaluates products based on efficacy, usability and overall educational value.
For more information about these winning products, go to http://www.envisionmath.com/ and http://www.pearsonlongman.com/.
About Pearson
Pearson is the global leader in educational publishing, assessment, information and services, helping people of all ages to learn at their own pace, in their own way. The company is home to such renowned publishing brands as Scott Foresman, Prentice Hall, PowerSchool, Addison Wesley, Allyn & Bacon, Longman and many others. Pearson's comprehensive offerings help inform targeted instruction and intervention so that success is within reach of every student. Pearson's other primary businesses include the Financial Times Group and the Penguin Group.
Pearson
CONTACT: Lisa Wolfe, L. Wolfe Communications, +1-773-227-1049,
lwolfe@lwolfe.com, for Pearson
Web site: http://www.pearsoned.com/
http://www.pearsonlongman.com/
http://www.envisionmath.com/
IAC Extends Consent Time and Expiration Time in Connection With Its Tender Offer and Consent Solicitation for Its 7% Senior Notes Due 2013
NEW YORK, June 24 /PRNewswire-FirstCall/ -- IAC announced today, in connection with its previously announced cash tender offer for any and all of its outstanding 7% Senior Notes due 2013 (the "Notes") (CUSIP Nos. 902984AD5 & 902984AC7 / ISINs US902984AD51, US902984AC78 & USU9033KAA26) and related consent solicitation to amend the indenture governing the Notes, that it is extending the Consent Time (as defined in the Offer to Purchase and Consent Solicitation Statement dated June 11, 2008 (the "Offer to Purchase")) from 5:00 p.m., New York City time, on Tuesday, June 24, 2008, to 5:00 p.m., New York City time, on Wednesday, July 9, 2008, and is extending the Expiration Time (as defined in the Offer to Purchase) from Midnight, New York City time, on Wednesday, July 9, 2008, to Midnight, New York City time, on Wednesday, July 23, 2008. IAC also is extending the Price Determination Date (as defined in the Offer to Purchase) from June 24, 2008 to July 9, 2008. Holders who previously have tendered Notes do not need to retender their Notes or take any other action in response to these extensions.
Except for the extension of the Consent Time, Expiration Time and Price Determination Date as described above, the tender offer and consent solicitation and the Offer to Purchase and related Letter of Transmittal and Consent remain in full force and effect. The tender offer and consent solicitation are subject to the satisfaction of certain conditions, including (i) the Minimum Tender Condition, which requires that Notes representing not less than a majority in aggregate principal amount of Notes outstanding (excluding Notes owned by IAC or any of its affiliates) be validly tendered (and not validly withdrawn) prior to the Expiration Time; (ii) the Spin-Off Condition, which requires that all conditions precedent to the previously announced proposed spin-offs to IAC's stockholders shall have been satisfied or waived by IAC and the distribution of shares of one or more of the companies to be spun-off shall have occurred prior to the Expiration Time; and (iii) the Indenture Condition, which requires that the supplemental indenture implementing the proposed amendments shall have been executed by the indenture trustee. Although the conditions to the tender offer and consent solicitation include the Spin-Off Condition, consummation of the tender offer and consent solicitation is not a condition precedent to any of the proposed spin-offs.
The tender offer will expire at Midnight, New York City time, on July 23, 2008, unless further extended or earlier terminated by IAC. The consent solicitation will expire at 5:00 p.m., New York City time, on July 9, 2008, unless further extended or earlier terminated by IAC. The yield on the Reference Security (as defined in the Offer to Purchase) will be calculated at 2:00 p.m. on July 9, 2008, unless the Price Determination Date is further extended or the tender offer and consent solicitation are earlier terminated by IAC. Except for the extensions described above, the complete terms and conditions of the tender offer and consent solicitation are described in the Offer to Purchase and related Letter of Transmittal and Consent.
IAC has retained Morgan Stanley & Co., Incorporated to act as the Dealer Manager for the tender offer and the Solicitation Agent for the consent solicitation. Questions regarding the tender offer and the consent solicitation may be directed to Morgan Stanley at (800) 624-1808 (toll-free) or (212) 761-1941 (collect) (Attn: Liability Management). Requests for documentation may be directed to MacKenzie Partners, Inc. the Information Agent for the tender offer and consent solicitation, at (800) 322-2885 (toll-free) or (212) 929-5500 (collect).
This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the Notes. This press release also is not a solicitation of consents to the proposed amendments to the indenture and the Notes. The tender offer and consent solicitation are being made solely by means of the tender offer and consent solicitation documents, including the Offer to Purchase that IAC has distributed to holders of Notes. The tender offer and consent solicitation are not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
Important Information
The matters discussed herein contain forward-looking statements. These statements involve risks and uncertainties. Additionally, IAC is subject to other risks and uncertainties set forth in its filings with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from any forward-looking statements made herein.
About IAC
IAC operates leading and diversified businesses in sectors being transformed by the internet, online and offline ... our mission is to harness the power of interactivity to make daily life easier and more productive for people all over the world. To view a full list of the companies of IAC please visit our website at http://iac.com/.
Contacts
IAC Investor Relations: IAC Corporate Communications:
Eoin Ryan Stacy Simpson / Leslie Cafferty
(212) 314-7400 (212) 314-7470 / 7326
IAC
CONTACT: Eoin Ryan of IAC Investor Relations, +1-212-314-7400, or Stacy
Simpson, +1-212-314-7470, or Leslie Cafferty, +1-212-314-7326, both of IAC
Corporate Communications
Web site: http://iac.com/
EXL Enhances Its Transformation Services CapabilitiesAddition of Mary Crawford as a Principal in Transformation Services
NEW YORK, June 24 /PRNewswire-FirstCall/ -- ExlService Holdings, Inc. ("EXL") , a leading provider of transformation and outsourcing solutions, today announced that Mary Crawford has joined its Transformation Services group as a Principal. Mary will be focused on helping EXL's clients improve their operations through providing leading-edge business analytics, streamlining and improving business processes and enhancing risk and control environments.
Mary Crawford commented, "After serving as an advisor to EXL over the last several months, I am looking forward to joining the team on a full-time basis. In serving EXL's clients, I will have at my disposal a global outsourcing model combined with a transformation team of 400 professionals, located both onshore and offshore with expertise in business process re-engineering, Six Sigma methodology, analytics and risk advisory services. Having this type of onshore and offshore transformation and outsourcing capability is a distinct advantage in delivering on the enterprise-wide cost re-engineering initiatives we are currently executing for our clients."
Rembert de Villa, EXL's Head of Transformation Services commented, "We are glad to have Mary join EXL to help us accelerate our growth. She is a highly experienced professional with deep financial services domain expertise. Her success in leading enterprise-wide cost re-engineering initiatives within global financial services companies will prove invaluable as our clients cope with the difficult economic environment. I look forward to working closely with Mary to help us expand the Transformation Services business."
Mary joins with over 20 years of global management experience and leadership at American Express where she was responsible for an enterprise-wide reengineering program that consistently generated over $1 billion in annual benefits. She played a key role in pioneering efforts to expand the Company's global operations network, with a deep understanding in the emerging markets of India and China. During her career at American Express, she held positions across international banking, strategic planning, card operations and customer service, product development, and finance. Mary joined the American Express Bank in 1982 and then the parent company's Strategic Planning Group. She holds an MBA from The Wharton School of the University of Pennsylvania and a BA in Economics from Rhodes College.
About ExlService Holdings, Inc.
ExlService Holdings, Inc. is a recognized business solutions provider. EXL's service offerings provide a competitive edge to its clients by transforming and outsourcing business processes. Transformation services enable continuous improvement of client processes by bringing together EXL's capabilities in reengineering, including Six Sigma process improvement, research & analytics, and risk advisory services. EXL's outsourcing services include a full spectrum of business process services from offshore delivery centers requiring ongoing process management skills. Headquartered in New York, EXL primarily serves the needs of Global 1000 companies in the banking, financial services, insurance, utilities, healthcare, telecommunications and transportation sectors. Find additional information about EXL at http://www.exlservice.com/.
This press release contains forward-looking statements. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL's control. Forward-looking statements include information concerning EXL's possible or assumed future results of operations, including descriptions of its business strategy. These statements often include words such as "may," "will," "should," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL's actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors are discussed in more details in EXL's filings with the Securities and Exchange Commission. These risks could cause actual results to differ materially from those implied by forward-looking statements in this release.
You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.
ExlService Holdings, Inc.
CONTACT: Jarrod Yahes, Head of Investor Relations, ExlService Holdings,
Inc., +1-212-277-7109, ir@exlservice.com
Web site: http://www.exlservice.com/
Compuware Changepoint Positioned in the IT PPM Leaders QuadrantCompuware Evaluated in Completeness of Vision and Ability to Execute
DETROIT, June 24 /PRNewswire-FirstCall/ -- Compuware Corporation today announced that it has been positioned by Gartner Inc. in the "leaders" quadrant in the "Magic Quadrant for IT Project and Portfolio Management."(1) The report evaluated 21 vendors on completeness of vision and ability to execute. A complimentary copy of the report can be viewed at: http://www.compuware.com/dl/gartner-magic-quad.pdf .
According to the report, "IT PPM 'leaders' have a record of meeting IT needs by providing analytic frameworks for application and project portfolios with tools that can track such non-project IT demands as minor software change requests so that managers can assess their cumulative impact on resource supply."(1)
"In my opinion, this report reflects Compuware's continued commitment to delivering economic value to our customers," said Lori Ellsworth, Vice President of IT Portfolio Management Solutions at Compuware Corporation. "I believe being positioned in the leaders quadrant in Gartner's PPM Magic Quadrant underscores Compuware's strength and leadership in the PPM market and our continued commitment to customer success by offering best-in-class IT portfolio management software, services and best practices."
Compuware's Changepoint is a business-centric IT management solution that enables IT executives to take a comprehensive approach to managing supply and demand--unlocking the potential of an IT organization to effectively meet the needs of the business. Using Changepoint, CIOs can deliver maximum business value through enhanced IT performance, improved collaboration between IT and business leadership, closer alignment of resources and activities with the business strategy, increased responsiveness to changing business needs and more effective life cycle management of the entire IT portfolio.
Compuware Corporation
Compuware Corporation makes IT rock around the world by helping CIOs more effectively manage the business of IT. Compuware solutions accelerate the development, improve the quality and enhance the performance of critical business systems while enabling CIOs to align and govern the entire IT portfolio, increasing efficiency, cost control and employee productivity throughout the IT organization. Founded in 1973, Compuware serves the world's leading IT organizations, including more than 90 percent of the Fortune 100 companies. Learn more about Compuware at http://www.compuware.com/.
About the Magic Quadrant
The Magic Quadrant is copyrighted June 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.
(1) Gartner, Inc.: "Magic Quadrant for IT Project and Portfolio Management," by Matt Light, Daniel B. Stang, June 13, 2008
Press Contact
Kayla White-Siefker, Compuware Communications and Investor Relations, kayla.siefker@compuware.com , 313-227-1402
For Sales and Marketing Information Compuware Corporation, One Campus Martius, Detroit, MI 48226, 800-521-9353, http://www.compuware.com/
Compuware Corporation
CONTACT: Media, Kayla White-Siefker, Compuware Communications and
Investor Relations, +1-313-227-1402, kayla.siefker@compuware.com; or For Sales
and Marketing Information, 1-800-521-9353
Web site: http://www.compuware.com/
http://www.compuware.com/dl/gartner-magic-quad.pdf
Company News On-Call: http://www.prnewswire.com/comp/112310.html
AT&T Delivers Webcast of Wynonna Judd Concert Live From AlaskaLive Concert Honoring U.S. Military to be Streamed via AT&T blue room Friday, June 27
ANCHORAGE, Alaska, June 24 /PRNewswire-FirstCall/ -- AT&T Inc. announced today that the company will stream Alaska's Operation Gratitude, a concert for the U.S. military headlined by Wynonna Judd, via AT&T blue room (http://www.attblueroom.com/).
The outdoor concert will take place Friday, June 27 on Elmendorf Air Force Base in Anchorage beginning at 8:30 p.m. ADT. It is free and open to the public.
U.S. service members serving in Iraq and Afghanistan will be able to watch and interact with the country music superstar via video conferencing provided by AT&T.
"It is such an honor for AT&T to be part of this event that recognizes the contributions and sacrifices of the men and women of the U.S. military," said Mike Felix, president, AT&T Alascom. "This tribute concert will bring a little bit of Alaska to people near and far."
This outdoor event marks the kickoff of the statewide celebration of Alaska's 50th Anniversary of Statehood. Immediately following the concert, there will be a recreation of the historic bonfires that occurred in Anchorage on June 30, 1958, the day that Alaska's statehood was approved by the United States Congress.
For more than 85 years AT&T has remained dedicated to supporting military service members and their families. AT&T's involvement with Alaska's military and in Alaska's communities extends beyond webcasting and the company remains committed to supporting community efforts statewide.
The blue room is an online music and sports destination that helps fuel the sales of the company's core offerings -- high speed Internet, wireless, voice and video -- while building an affinity for the AT&T brand in the entertainment space. For the complete array of AT&T offerings, visit http://www.att.com/.
Alaska's Concert for the Military is presented by the Anchorage Statehood Celebration Committee in cooperation with the United States Air Force.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Cathy Opinsky of AT&T, +1-907-264-7274,
COpinsky@alascom.att.com
Web site: http://www.att.com/
http://www.attblueroom.com/
Microsoft Announces Appointment of Michael Delman as Corporate Vice President of Global Marketing, Interactive Entertainment BusinessDelman to oversee worldwide marketing strategies for Xbox, Games for Windows and Microsoft Game Studios.
REDMOND, Wash., June 24 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced that marketing veteran Michael Delman has been named corporate vice president of global marketing for the Interactive Entertainment Business (IEB) in the Entertainment and Devices Division at Microsoft. Delman, who currently serves as the corporate vice president of the Global Marketing Communications Group at Microsoft, will be assuming his role with IEB starting in August.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
Reporting to Don Mattrick, senior vice president of IEB, Delman will be responsible for the global marketing strategies for the Xbox and Games for Windows businesses. He will drive initiatives to market Microsoft Game Studios games, grow the Xbox and Games for Windows platforms and brands, lead global marketing for Xbox LIVE, and manage customer insights and relationships. Delman will partner with subsidiary organizations to develop world-class global marketing strategies, in addition to working with internal and external groups to advance strategic global brand partnerships.
"I couldn't imagine a more exciting time to be joining the IEB team -- we're on the cusp of revolutionizing the gaming industry, and changing how people interact with their television and connect with others," Delman said. "I look forward to applying my experience in global marketing to extend the reach of our products and propel the business into the next phase of growth."
In his two decades as a global marketer, Delman has worked across various business sectors and regions. Delman most recently managed worldwide advertising, relationship marketing and events for the majority of Microsoft's business groups, which included running Microsoft's $1 billion global agency relationships with McCann Worldgroup and Young & Rubicam Brands. Delman also served as director of marketing for Microsoft Europe, Middle East and Africa (EMEA), where he was responsible for pan-European distribution strategy, pricing, licensing, market research and public relations. Before his position in EMEA, Delman served as general manager of the MSN Internet access business, managing product support, network operations and all international markets. Before joining Microsoft, Delman was a vice president at Ogilvy & Mather in addition to managing the Toshiba computer and corporate image accounts at NW Ayer and the First Interstate Bank business.
"Michael's global experience and work in Europe is a strategic asset as the Interactive Entertainment Business gears up for the next wave of growth and audience expansion," Mattrick said. "We welcome him to the team and look forward to utilizing his expertise to take our brand to new heights."
About Xbox 360
Xbox 360 is a superior video game and entertainment system delivering the best games, unique entertainment features and a unified online gaming network that revolve around gamers. Xbox 360 has a portfolio of nearly 400 games in 37
countries. More information can be found online at http://www.xbox.com/xbox360.
About Xbox LIVE
Xbox LIVE is the first and most comprehensive unified online entertainment network seamlessly integrated throughout the entire console experience, making it easy for people to find the friends, games and entertainment they want from the moment they power on their Xbox 360 system. Xbox LIVE connects more than 12 million members across 37 countries to enjoy hundreds of multiplayer games, downloadable games via Xbox LIVE Arcade, free and premium playable game demos, music videos, TV shows and movies in the United States as well as new game levels, characters and vehicles for all their favorite retail games. More information can be found online at http://www.xbox.com/en-us/live.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Microsoft Corp.
CONTACT: Joscelyn Zell of Edelman, +1-503-471-6808,
joscelyn.zell@edelman.com, for Microsoft Corp.
Web site: http://www.microsoft.com/
http://www.xbox.com/en-us/live
BD Announces Live Webcast of Third Fiscal Quarter Earnings Conference Call
FRANKLIN LAKES, N.J., June 24 /PRNewswire-FirstCall/ -- BD (Becton, Dickinson and Company) announced today that it will conduct a live webcast of its third fiscal quarter 2008 earnings conference call on Thursday, July 24, 2008 at 10:00 a.m. (ET). BD will issue a press release detailing the quarter's earnings earlier that morning.
The webcast of the conference call will be accessible through BD's website at http://www.bd.com/investors and will be available for replay through Thursday, July 31, 2008.
BD is a leading global medical technology company that develops, manufactures and sells medical devices, instrument systems and reagents. The Company is dedicated to improving people's health throughout the world. BD is focused on improving drug delivery, enhancing the quality and speed of diagnosing infectious diseases and cancers, and advancing research, discovery and production of new drugs and vaccines. BD's capabilities are instrumental in combating many of the world's most pressing diseases. Founded in 1897 and headquartered in Franklin Lakes, New Jersey, BD employs approximately 28,000 people in approximately 50 counties throughout the world. The company serves healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public. For more information, please visit http://www.bd.com/.
Contact Information:
Patricia A. Spinella, Investor Relations - 201-847-5453
Colleen T. White, Corporate Communications - 201-847-5369
BD (Becton, Dickinson and Company)
CONTACT: Patricia A. Spinella, Investor Relations, +1-201-847-5453, or
Colleen T. White, Corporate Communications, +1-201-847-5369, both of BD
(Becton, Dickinson and Company)
Web site: http://www.bd.com/
http://www.bd.com/investors
Horizon Semiconductors and Scopus Video Networks to Collaborate on Advanced Receiving/Processing PlatformScopus Deploys Horizon High Definition Decoding Technology in its Integrated Receiver Processor Platform for Multi-channel ATSC Decoder/Down Conversion
PHILADELPHIA, SCTE Cable-Tec Expo 08, June 24 /PRNewswire-FirstCall/ -- Horizon Semiconductors, a leading provider of highly integrated silicon solutions that enable secure video and audio compression & transmission for the consumer electronics and broadcast markets, and Scopus Video Networks Ltd. , provider of digital video networking solutions, today announced the integration of Horizon's Hz4210 SoC in Scopus' Integrated Receiver Processor (IRP-3910), a versatile multi-channel professional decoder/processor/down-converter unit.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070912/HORIZONLOGO )
"Introduction of the Scopus IRP-3910 reaffirms our record of providing best-in-class decoding and processing solutions," said Ovadia Cohen, Vice President of Business Development at Scopus. "Integrating Horizon decoding and processing technology in the advanced IRP down conversion platform allows us to provide the outstanding video quality, performance and expansion capabilities that cable operators expect as they transition to all digital networks."
Scopus' IRP-3910 is specifically designed to enable cable operators' transition from analog to ATSC digital television broadcasting. Packaged in a compact 1-RU chassis, the IRP-3910 provides up to four channels of HD decoding along with dynamic aspect ratio conversion. In addition, it incorporates a powerful multiplexing core that provides grooming and PSIP aggregation of multiple HD and SD programs for digital content distribution.
"We are excited to be working with Scopus on development and deployment of the most advanced digital video decoder and processor to be released into the market," said Amir Morad, President and CEO of Horizon Semiconductors. "Hz4210's unparalleled performance and video quality makes it an ideal solution to power Scopus' next generation ATSC products."
Horizon's professional Hz4210 High Definition single channel MPEG-2/AVC/VC1 Audio/Video decoder SoC de-multiplexes incoming off-air ATSC transport streams, extracts VBI data, timestamps, aspect ratio and other related stream parameters; filters and decodes certain user programmable channels; down-mixes 5.1 Dolby AC-3 audio into stereo audio; and performs professional HD down conversion scaling and automatic aspect ratio correction, as well as post-processing the output signal for enhanced video quality.
The IRP- 3910 will be demonstrated at SCTE Cable-Tec Expo 2008, Scopus' booth #434
About Horizon Semiconductors
Horizon Semiconductors is a leading provider of highly integrated silicon solutions that enable secured video and audio compression & transmission for the consumer electronics, home entertainment & broadcast markets. Using proprietary technologies and advanced design methodologies, Horizon designs, develops and supplies complete system-on-a-chip solutions and related hardware and software applications. Horizon's diverse product portfolio includes solutions for digital cable, satellite and IPTV set-top boxes, DVD and Blu-Ray players and recorders, HDTV, Digital Video Recorders, Home Media Centers and professional broadcast down converters & head-ends.
Horizon is headquartered in Herzliya, Israel, and may be contacted at +972-77-2020400 or at http://www.horizonsemi.com/.
About Scopus Video Networks
Scopus Video Networks develops, markets, and supports digital video networking solutions that enable network operators to offer advanced video services to their subscribers. Scopus solutions support digital television, HDTV, live event coverage, and content distribution. Scopus' comprehensive digital video networking solutions offer intelligent video gateways, encoders, decoders, and network management platforms. Scopus' solutions are designed to allow network operators to increase service revenues, improve customer retention, and minimize capital and operating expenses. Scopus customers include satellite, cable, and terrestrial operators; broadcasters; and telecom service providers. Scopus solutions are used by hundreds of network operators worldwide.
For more information visit: http://www.scopus.net/
Scopus(R), Horizon(R), the Horizon logo(R) and Beyond Vision(TM) are trademarks of Scopus Video Networks & Horizon Semiconductors Ltd. respectively, and/or their affiliates in Israel, United States and certain other countries. All other trademarks mentioned are the property of their respective owners.
Contacts:
Nir Fattal, Senior Marketing Manager
Tel: +972-77-2020400
Fax: +972-77-2020401
Email: marketing@horizonsemi.com
Satoshi Konno, Senior Marketing Manager
Tel: +81-3-57716411 (CSK-VC Office)
Mobile: +81-80-34115664
Email: marketing.jp@horizonsemi.com
Scopus Corporate Contact:
Rinat Yeffet
Tel. +972-3-9007767
Email: rinaty@scopus.net
Horizon Semiconductors and Scopus Video Networks Ltd.
CONTACT: Contacts: Nir Fattal, Senior Marketing Manager, Tel:
+972-77-2020400, Fax: +972-77-2020401, Email: marketing@horizonsemi.com;
Satoshi Konno, Senior Marketing Manager, Tel: +81-3-57716411 (CSK-VC Office),
Mobile: +81-80-34115664, Email: marketing.jp@horizonsemi.com; Scopus
Corporate Contact: Rinat Yeffet, Tel. +972-3-9007767, Email:
rinaty@scopus.net
Zebra Technologies Announces the RW 420 Route Palette, a High-Efficiency Solution for the Mobile WorkforceSimultaneous housing and charging of the Zebra RW 420 and Motorola's rugged mobile computers and enterprise digital assistants deliver convenience and efficiency
VERNON HILLS, Ill., June 24 /PRNewswire-FirstCall/ -- Zebra Technologies , a global leader in specialty printing and automatic identification solutions, announced today the launch of the RW 420 Route Palette. This multifunction device allows mobile workers to carry the RW 420, Zebra's leading mobile printer for direct store delivery (DSD) and route accounting, with their choice of Motorola's industry-leading rugged mobile computers: the MC70, the recently announced MC75 enterprise digital assistant (EDA) and the MC9000 mobile computers.
Designed with the road warrior in mind, the RW 420 Route Palette, which features simultaneous charging of the printer and mobile computer, is both sturdy and ergonomic. Mobile workers can carry it by a shoulder strap or fixed grip handle. During use, they can hold it in their arms like a painter's palette as they enter data and print receipts, invoices, inventory pick tickets and other items. The RW 420 Route Palette also features a simple release so that workers can use the printer and computer individually as necessary.
"Motorola's relationship with Zebra demonstrates our commitment to align with partners to deliver field-based enterprise mobility solutions that improve workforce productivity, optimize business operations and provide competitive advantage," said Brian Viscount, vice president of mobile computing, Motorola's Enterprise Mobility business.
The RW 420 Route Palette utilizes LED (light-emitting diode) indicators to alert users of the charging status and any error conditions. It also includes a built-in DEX (Digital Exchange) interface, which allows for easy integration with direct store delivery operations.
"By integrating world-class products from Zebra and Motorola, the RW 420 Route Palette offers a durable and convenient solution that delivers optimal efficiency to the mobile workforce," said Marty Johnson, mobile workforce practice leader for Zebra Technologies. "Additionally, the simplified charging process provides multiple benefits for the user, including a smaller footprint inside the vehicle, less time spent charging individual devices and the cost savings associated with purchasing only one charger."
Accessories available for charging the RW 420 Route Palette include:
-- Vehicle Cradle: This push-button release cradle can be mounted in any vehicle for convenient, secure storage and simultaneous charging. An optional RAM mount allows for flexible access and orientation.
-- AC Power Adapter: Allows users to connect the RW 420 Route Palette to a wall outlet and charge both the printer and terminal at once. A vehicle adapter is also available for charging in the vehicle without a cradle.
-- 4-Bay Power Station: Charges four RW 420 Route Palettes with one electrical outlet. It can be mounted on the wall in settlement rooms and field service dispatch centers.
The RW 420 Route Palette is now available in North America. For more information on Zebra's solutions for the mobile worker, please visit http://www.zebra.com/ or call +1 847 423 0442.
About Zebra Technologies
Zebra Technologies Corporation improves customers' business performance through products and solutions that identify, track and manage assets, transactions and people. In more than 100 countries around the world, more than 90 percent of Fortune 500 companies use innovative and reliable Zebra printers, supplies, RFID products and software to increase productivity, improve quality, lower costs, and deliver better customer service. Information about Zebra and Zebra-brand products can be found at http://www.zebra.com/.
CONTACT: Tim Dreyer
+1 847-793-5677
tdreyer@zebra.com
Zebra Technologies Corporation
CONTACT: Tim Dreyer of Zebra Technologies Corporation, +1-847-793-5677,
tdreyer@zebra.com
Web site: http://www.zebra.com/
Virident Unveils Green Platform Strategy to Meet Internet Data Center Demands for Energy Efficiency, Accelerated GrowthVirident GreenGateway(TM) turns Flash into DRAM-class memory enabling high-capacity, industry standard data-centric servers
MILPITAS, Calif., June 24 /PRNewswire/ -- Virident Systems announced today that it has developed the first data-centric technology platform to deliver a new class of green memory, servers and applications for the data center. Virident's high-performance, low-power platform solution enables Internet data centers to cost-effectively keep pace with the rising performance and energy demands of Internet-scale.
GreenGateway(TM), conceived and developed by Virident, turns today's compute-centric servers into large memory data-centric servers. This new class of servers offers random access, low-power, non-volatile, high-performance flash memory to applications such as Internet search, social networking, data analytics and content distribution. The Virident GreenGateway, combined with a new memory solution, Spansion(R) EcoRAM(TM), announced by Spansion today, provides DRAM-class read performance with larger memories, improving server efficiency and application throughput immediately. Ultimately, this sets the stage for several revolutionary changes in Internet server design and power efficiency to be announced in the future by Virident.
According to the Gartner Group, energy costs could soon consume as much as half of an organization's IT budget. Growth in systems is being driven by the explosion of data on the Internet. The size of data stores is estimated to be quadrupling every 18 months on major Internet sites, and the number of queries per terabyte is doubling every 18 months. Unfortunately, according to McKinsey and Company, most of these servers in the data center remain at very low levels of CPU utilization -- about 20%. In response, companies are forced to build and grow data centers faster than ever before, driving up infrastructure costs, and resulting in an energy crisis in the data center.
Former Sun CTO and VP/GM Raj Parekh, co-founder and CEO of Virident, said, "Today's servers were not built with the data-centric needs of the Internet in mind. As a result, compute-centric servers in Internet data centers can be made far more efficient with faster access to larger main memories. We created GreenGateway to enable Flash memory to replace DRAM and deliver performance and energy efficiency. We are thrilled to work with Spansion and their EcoRAM solution. The GreenGateway platform will enable Internet companies to access far larger main memories, achieving growth while living within the pressing power, space and cost constraints of the data center. Ultimately green technology will save the data center. At Virident, our goal is to make green and growth possible."
GreenGateway technology encompasses software, silicon, and hardware innovation. Systems based on the GreenGateway platform will deliver substantial improvements in memory density and power efficiency (QPS/Watt) without requiring any changes to sockets, motherboards, or industry-standard servers. Virident's platform is designed to be seamless and compatible with currently deployed data center hardware and software infrastructure.
The key benefits of the GreenGateway platform include:
-- Ability to greatly increase available main memory in industry standard servers
-- Lower power consumption based on flash memory low power profiles
-- Higher application performance in memory bound applications
-- Ability to consolidate servers based on larger per server memory capacity
-- Improved cluster level TCO based on capital and operating expense savings
-- No need to change existing server designs to incorporate GreenGateway technology
GreenGateway technology, combined with the new Spansion EcoRAM, based on Spansion's MirrorBit(R) Eclipse(TM) flash memory architecture, helps slash energy consumption in Internet data center servers, and offer more memory capacity.
Said Spansion CEO Bertrand Cambou, "Today's announcement gives Internet customers a compelling option to deliver more data faster to their users, while improving energy efficiency and reducing server count. Spansion EcoRAM delivers performance and reliability for the data center. Virident has demonstrated proven technology leadership and we are proud to be working with their exceptional team to solve this critical problem."
GreenGateway is the initial step in the Green Revolution in the data center which will be led by Virident. Virident will eventually develop green servers and software that can take advantage of the unique high density and persistence capabilities of non-volatile memory -- delivering enhanced service continuity and data center-wide improvements in application performance and energy efficiency.
About Virident
Virident is the creator of the first green data-centric technology platform that will deliver a new class of green memory, servers and applications for the data center. Virident's core technology platform delivers energy efficiency, improved server utilization, TCO, and service continuity to companies seeking to meet the demands of Internet-Scale. Virident's GreenGateway technology transforms today's compute-centric servers into large memory data-centric industry standard servers. Virident makes green and growth possible in the Internet data center. Founded in 2006 by notable Silicon Valley veterans from Sun, SGI, Google and Intel, Virident is headquartered in Milpitas, California. For more information, visit http://www.virident.com/.
Virident(TM), the Virident(TM) logo, GreenGateway(TM) and combinations thereof are trademarks of Virident Systems. Spansion(R), MirrorBit(R), Eclipse(TM) and EcoRAM (TM) are trademarks of Spansion LLC. Other names used are for informational purposes only and may be trademarks of their respective owners. All rights reserved.
Virident Systems
CONTACT: Scott Campbell, +1-512-423-4907,
dscampbell@phillipscompany.com, for Virident Systems
Web site: http://www.virident.com/
ARRIS Debuts New Optical Passives for its 1GHz CHP CORWave Multi-Wavelength Optic SolutionsNewly Upgraded CORWave Also Scores New Deployment by Top 5 MSO
SUWANEE, Ga., June 24 /PRNewswire-FirstCall/ -- ARRIS announced today the availability of new ergonomically designed optical passives in the OM4100 node fiber tray and field splice enclosure packages within its 1 GHz CHP CORWave system. The new ARRIS optical passives allow plug and play features in multiple wavelength systems, which significantly reduce deployment time with minimum service interruption.
The ARRIS CHP CORWave 1 GHz system, with this advancement in CORWave passives technology, is now in qualification testing or has been deployed at several of the largest North American MSOs, as well as a prominent European service provider.
CHP CORWave solution passives are designed to:
-- Facilitate quick segmentation without costly fiber construction
-- Be easily installed without the need for specialized equipment, fusion splices or complex fiber routings in the field
-- Offer superior isolation and low insertion loss over the operating temperature range
-- Allow pay-as-you-grow upgrades by installing additional receivers and transmitters as they are needed
The test point of CORWave passives can be used to measure the optical power of both forward and reverse wavelengths and as an injection point to perform inspection, certification, trouble-shooting and documentation of fiber cabling. This single easy-to-use capability can save operators time and money when diagnosing fiber cabling problems that may cause network performance issues.
About ARRIS
ARRIS is a global communications technology company specializing in the design, engineering and supply of technology supporting triple- and quad-play broadband services for residential and business customers around the world. The company supplies broadband operators with the tools and platforms they need to deliver, reliable telephony, demand driven video, next-generation advertising and high-speed data services. ARRIS products expand and help grow network capacity with access and outside plant construction equipment, reliably deliver voice, video and data services and assure optimal service delivery for end customers. Headquartered in Suwanee, GA, USA, ARRIS has R&D centers in Atlanta, Chicago, Beaverton, Wallingford, Cork, Ireland and Shenzhen, China, and operates support and sales offices throughout the world. Information about ARRIS products and services can be found at http://www.arrisi.com/ .
ARRIS
CONTACT: Alex Swan, Media Relations of ARRIS, +1-678-473-8327,
alex.swan@arrisi.com
Web site: http://www.arrisi.com/
Endeavors Offers Free Application Virtualization and Streaming
IRVINE, California and LONDON, June 24 /PRNewswire/ --
- Application Jukebox Lite Allows Everyone to Discover the Ease of
Creating and Deploying Streamable Applications
Endeavors Technologies, the pioneer in application streaming and
virtualization technology today announced Application Jukebox Lite, a free,
fully functional version of Application Jukebox, its application streaming
and virtualization software. Application Jukebox Lite is available at the
TryItNow site (http://tryitnow.endeavors.com), which also includes streamable
applications, community forums, FAQs and other information to get you
started.
Application Jukebox Lite offers the complete functionality of Application
Jukebox, but is limited to use on a single server, allowing administrators,
Managed Service Providers, ISVs and others to discover how easy it is to
quickly create and deploy on demand versions of existing applications.
Application Jukebox Lite replaces AppExpress Lite, enabling users to
experience powerful new features such as fully-configurable virtualization
that provides administrators with the flexibility to publish applications in
fully isolated (sandboxed) mode, fully integrated mode, or any combination
between the two options. Users also gain first-hand experience with the ease
of use of the kiosk mode, portals and usage metering features of Application
Jukebox SaaS Edition that support a pay-as-you-go model for application
rental.
"We received very positive feedback from users who tried AppExpress Lite,
the free version of our previous product," said Peter Bondar, CEO at
Endeavors. "It is important to provide this same experience for Application
Jukebox. This allows users to take the first step towards discovering the
power of our application streaming and virtualization solution without an
initial purchase commitment."
Application Jukebox Lite and TryItNow include applications that are ready
to stream, providing a quick look at application virtualization and
streaming. The Application Jukebox Studio component allows those interested
in taking a deeper look to quickly convert their existing applications into
streamable applications.
About Application Jukebox
The Application Jukebox family of products contain three key components.
Application Jukebox Player sits on the client to create the virtual
application environment and provides user authentication and application
license enforcement. Application Jukebox Server controls and delivers
applications, provides usage monitoring and logging, plus group, user and
application level administration. Application Jukebox Studio allows ISVs and
IT administrators to create a streamable, virtualized "appset" from standard,
Windows-based applications that is then published to the server.
Three versions of Application Jukebox are available today. Application
Jukebox SaaS Edition features usage metering and a kiosk mode to support a
pay-as-you-go model for application rental, plus portals that provide an
easy-to-use environment for service providers and ISVs to create a custom
application landing site. Application Jukebox Enterprise Edition supports
Active Directory and offers user and group monitoring, as well as extensive
tracking and support for cost-effective license management. Application
Jukebox Lite Edition is a fully functional trial version of the product that
is available as a free download at http://tryitnow.endeavors.com.
About Endeavors Technologies
Endeavors Technologies creates, develops and markets innovative
application virtualization and streaming technologies that allow servers to
stream pc-based applications to client computers where they are subsequently
executed. These "next stage" technologies replace thin client computing
paradigms. Application virtualization and streaming enables organizations to
reduce the total cost of ownership while improving service levels,
simplifying the management of computers and improving security and
reliability. This innovative application distribution methodology provides
companies with new revenue opportunities while reducing IT costs and
increasing user productivity. Endeavors Technologies is a pioneer and thought
leader with eight patents granted and 25 pending, including the first patents
granted for streaming applications. Endeavors Technologies provides its
solutions through licensing, royalty and technology transfer models. Visit
http://www.endeavors.com for more details.
About Endeavors plc
Endeavors plc (LSE: TAD) is a company in transition. The company was
formed in 1983 as Tadpole Technologies, a developer and manufacturer of high
performance portable workstations. In 2003, Tadpole transitioned to a
software group focused on two sectors: geospatial solutions and system level
software technologies. In mid 2007, Tadpole made a strategic decision to
focus exclusively on the application streaming and virtualization marketplace
and in November 2007 announced the sale of its geospatial interests. The
company established Endeavors Technologies Ltd. as its European trading arm,
complementing the existing Endeavors Technologies Inc. in the US. In June
2008, shareholders approved the name change to Endeavors plc, reflecting the
next step in its focus on a single brand and product set. For information on
Endeavors plc, visit http://www.tadpoletechnology.com.
Web site: http://www.endeavors.com
http://www.tadpoletechnology.com
Endeavors Technologies
Jan Tarzia of Endeavors Technologies Inc, +1-949-296-3998, jtarzia@endeavors.com, or Peter Bondar of Endeavors Technologies Ltd, +44-1845501202, pbondar@endeavors.com
Advance Nanotech's Owlstone Subsidiary Receives a $629,000 Order From Selex Galileo
NEW YORK, June 24 /PRNewswire-FirstCall/ -- Advance Nanotech, Inc., (OTC Bulletin Board: AVNA), announced today that its Owlstone Nanotech, Inc. ("Owlstone") subsidiary has received an order from SELEX GALILEO totaling $629,000. SELEX GALILEO, a Finmeccanica company and one of Europe's foremost Aerospace and Defense organizations, is a leader in surveillance, protection, tracking, targeting, navigation & control and imaging systems. This contract marks the third order in 18 months from SELEX GALILEO. Owlstone is expected to complete the contract delivery under this new contract by December 2008.
The order from SELEX GALILEO requires Owlstone to further the development of its miniature chemical detection technology to meet specific Homeland Defense requirements. Through the development of a fully integrated chemical detection prototype, in combination with the addition of an explosive detection system capability, this advanced work-program builds on the co-development of NEXSENSE C initiated with SELEX GALILEO in 2007.
"We are delighted to be embarking in further co-development with SELEX GALILEO, one of the UK's premier government contractors," said Bret Bader, CEO of Owlstone. "This follow on order will serve to accelerate our efforts toward commercialization and further solidifies our collaboration with this established partner as we address the burgeoning opportunities for the Owlstone sensor in the homeland defense and military markets."
In response, Michaela Clarke, Capability Manager Security & Surveillance Systems at SELEX GALILEO said, "We have been working closely with Owlstone and other sensor manufacturers to forward technological capabilities in chemical, biological, radiological and nuclear (CBRN) detection. Owlstone was selected for their key technical expertise in chemical detection utilizing their micro-fabricated FAMIS (Field-Asymmetric Ion Mobility Spectrometry) technology." Ms. Clarke went on to comment, "Working closely with Owlstone towards a mutually beneficial goal will help form key alliances to pursue mid-term business and provide a route to developing market leading products for the future."
About SELEX GALILEO
SELEX GALILEO is the brand adopted by Galileo Avionica SpA and SELEX Sensors and Airborne Systems Ltd, Finmeccanica companies, to present a common identity to the market. With the name SELEX GALILEO, the two companies employ over 7,000 people in the UK, Italy and the United States and represent a leading defence electronics supplier, providing world-class capabilities in surveillance, protection, tracking, targeting, navigation & control, and imaging systems. Further details can be obtained from our website http://www.selexgalileo.com/ .
About Advance Nanotech
Advance Nanotech is in the process of restructuring its business and becoming an operating company focused on next generation chemical and biological detection. Its proprietary technologies, developed at Cambridge University, are uniquely silicon-based, thereby offering miniaturization and network capability with wireless opportunities. The advantages of this protocol permits for real-time precision analytics leading to potential prevention of ensuing issues, concerns and dangers. For more information about Advance Nanotech, please visit http://www.advancenanotech.com/ .
About Owlstone Nanotech, Inc.
Owlstone Nanotech, Inc. ("Owlstone") is a majority owned subsidiary of Advance Nanotech and is a pioneer in the commercialization of nanotechnology-based chemical detection products. The Owlstone Detector is a revolutionary dime-sized sensor that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. Using leading-edge micro- and nano-fabrication techniques, Owlstone has created a complete chemical detection system that is significantly smaller and can be produced more cost effectively than existing technology. There are numerous applications -- across industries from security and defense to industrial process, air quality control and healthcare -- that depend on the rapid, accurate detection and measurement of chemical compounds. Owlstone works with market leaders within these industries to integrate the detector into next generation chemical sensing products and solutions. Owlstone's technology offers a unique combination of benefits, including: small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform. For more information on Owlstone Nanotech, please visit http://www.owlstonenanotech.com/ .
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, spending levels, market acceptance of product lines, the recent economic slowdown affecting technology companies, the future success of scientific studies, ability to successfully develop products, rapid technological change, changes in demand for future products, legislative, regulatory and competitive developments and other factors could cause actual results to differ materially from the Company's expectations. Advance Nanotech's Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports and other SEC filings discuss some of the important risk factors that may affect Advance Nanotech's business, results of operations and financial condition. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Advance Nanotech, Inc.
CONTACT: Yvonne Zappulla, Managing Director, Grannus Financial Advisors,
Inc., +1-212-681-4108, Yvonne@grannusfinancial.com, for Advance Nanotech,
Inc.
Web site: http://www.advancenanotech.com/
http://www.selexgalileo.com/
http://www.owlstonenanotech.com/
US Navy Conducts First Test of Raytheon's Standard Missile 6
WHITE SANDS, N.M., June 24, 2008 /PRNewswire/ -- The U.S. Navy successfully conducted the first test of the Standard Missile 6 extended range anti-air warfare missile produced by Raytheon Company .
The missile, launched from the Navy's Desert Ship at the White Sands Missile Range, successfully intercepted a BQM-74 aerial drone using the newly developed SM-6 active seeker. The active seeker autonomously acquired and engaged the target using the Navy's legacy command system, resulting in a direct hit. This launch demonstrates the first successful integration of the Navy's active missile technology into the weapon system to provide for both near-term advanced anti-air warfare and future over-the-horizon capability.
Standard Missile 6 is being developed by Raytheon to meet the Navy's requirement for an extended range anti-air warfare missile. Expected to deploy in 2011, it provides capability against fixed and rotary wing aircraft and unmanned aerial vehicles and delivers a transformational over-the-horizon counter to the ever-evolving cruise missile threat. Employing the Standard Missile-2 Block IVA airframe and the newly developed active sensor, Standard Missile 6 will also have an inherent capability to fulfill the Navy's sea-based terminal ballistic missile defense requirement.
"Standard Missile 6 is the latest advance in Raytheon's ongoing commitment to the Navy and its allies," said Frank Wyatt, Raytheon Missile Systems' vice president of the Naval Weapons Systems product line. "This test proves that Raytheon is on track to deliver this solution to the Navy as scheduled."
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
Contact:
Heather Uberuaga
520.665.5594
Uberuaga@raytheon.com
Raytheon Company
CONTACT: Heather Uberuaga of Raytheon Company, +1-520-665-5594,
Uberuaga@raytheon.com
Web site: http://www.raytheon.com/
WellPoint Web Sites Receive Six World Wide Web Health AwardsAwards include Best Interactive, Most Innovative, Health Promotion/Disease & Injury Prevention Information and Medicare Part D Decision Tool for Seniors & Patient Education Information
INDIANAPOLIS, June 24 /PRNewswire/ -- WellPoint, Inc. today announced that it has received six World Wide Web Health Awards from the Health Information Resource Center. NuestroBien.com (http://www.nuestrobien.com/) was the company's most celebrated Web site, receiving the Best Interactive and Most Innovative Awards and earning a Gold Award for Health Promotion/Disease and Injury, Prevention Information. Anthem CHDP portal (http://www.anthem.com/home.html) won a Bronze Award for Health Promotion/Disease and Injury, Prevention Information and Merit Awards were presented to Blue MedicareRx.com (http://www.bmedicarerx.com/) for Seniors and Patient Education Information and WellPoint NextRx (http://www.dynamiccmenh.com/) for its Dynamic CME site.
"The awards underscore our commitment to empowering consumers through technology," said Chad Pomeroy, vice president of Consumer Innovation and eBusiness. "The innovative tools and information we provide on our Web sites allow consumers to make informed decisions about their health and the health care they receive."
The World Wide Web Health Awards is a program that recognizes the best Web-based health-related content for consumers and professionals. The program is organized by the Health Information Resource Center (HIRC), a national clearinghouse for consumer health information programs and materials.
The World Wide Web Health Awards is held twice a year with the goal of providing a "seal of quality" for electronic health information. A panel of international health information and Internet experts judge entries based on accuracy, success in reaching the targeted audience and overall quality.
About WellPoint, Inc.
WellPoint, Inc. is the largest health benefits company in terms of medical membership in the United States. WellPoint is an independent licensee of the Blue Cross and Blue Shield Association and serves its members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, New York (as the Blue Cross Blue Shield licensee in 10 New York City metropolitan and surrounding counties and as the Blue Cross or Blue Cross Blue Shield licensee in selected upstate counties only), Ohio, Virginia (excluding northern Virginia suburbs of Washington, D.C.), Wisconsin; and through UniCare. Additional information about WellPoint is available at http://www.wellpoint.com/.
WellPoint, Inc.
CONTACT: Media, April Jaconski, +1-804-354-3601, Investors, Michael
Kleinman, +1-317-488-6713, both of WellPoint, Inc.
Web site: http://www.wellpoint.com/
http://www.nuestrobien.com/
http://www.anthem.com/home.html
http://www.bmedicarerx.com/
http://www.dynamiccmenh.com/
East Brookfield, Massachusetts Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access
EAST BROOKFIELD, Mass., June 24 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Worcester County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Route 49 in East Brookfield, Massachusetts, as well as the surrounding area.
Verizon Wireless has invested more than $45 billion since it was formed to increase the coverage and capacity of its national network and to add new services like BroadbandAccess and V CAST. Regionally the company has invested nearly $2.2 billion into its New England network, including over $292 million in 2007 alone. As a result of these investments, every Verizon Wireless cell site in New England offers wireless broadband connectivity.
BroadbandAccess offers computer users the nation's most reliable high-speed wireless mobile broadband network, operating at average upload speeds between 500 and 800 kbps, and download speeds between 600 kbps and 1.4 mbps over Verizon Wireless' BroadbandAccess with EV-DO Revision A network. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones.
Strong demand for Verizon Wireless services continued during the first quarter of 2008 as the company added 1.5 million net new customers and, for the fourteenth consecutive quarter, reported the lowest customer turnover (highest customer loyalty) rate in the wireless industry.
The company's 'nation's most reliable wireless network' reputation is based on network studies performed by real-life test men and test women throughout the country who inspired the "can you hear me now" national advertising campaign. Nationally, these test men and women drive nearly 100 specially equipped vehicles almost 1,000,000 miles annually on Interstate, U.S. and state highways as well as major roads and surface streets in high-population areas, based upon U.S. Census counts, to confirm that voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213; or Marcia
Simon of Thomson Communications, +1-860-399-0191, for Verizon Wireless
Web site: http://www.verizonwireless.com/
http://www.verizonwireless.com/multimedia
Companies Continue Move Toward Selective Outsourcing Approach, Watson Wyatt Finds
WASHINGTON, June 24 /PRNewswire-FirstCall/ -- Employers continue to take a selective approach to outsourcing their HR technology and functions rather than relying exclusively on a single provider, according to Watson Wyatt, a leading global consulting firm.
"Over the last few years, we've continued to see tremendous growth in selective outsourcing," said Richard Hubbard, director of Watson Wyatt's U.S. technology and administration solutions practice. "The economic strains some companies are facing will only add to the reasons to choose selective outsourcing. Selective outsourcing provides employers a lot of flexibility and helps them keep their options open."
Watson Wyatt's 2007 HR Technology Trends survey of 182 U.S. companies found that many companies expect to do more outsourcing in the future, in areas such as health and welfare programs.
HR Functions Outsourced Now or Likely to be Outsourced in Near Future
Currently Outsourced Plan to be Outsourced
This Year or Next
Defined Contribution
Retirement Administration 75% 1%
Health and Welfare 52% 6%
Defined Benefit Retirement
Administration 50% 5%
Stock Administration 40% 6%
Deferred Compensation 36% 3%
Payroll 22% 8%
Recruiting 9% 6%
Performance Management 4% 5%
However, few companies (21 percent) automatically look to outsource programs. The majority of companies (63 percent) turn to their internal or enterprise resource planning systems first to deliver HR services.
The independent technology research firm CedarCrestone has also found growth in selective outsourcing. In its 2007/2008 HR Systems Survey, 10th Annual Edition the firm found that selective outsourcing is preferred to total business process outsourcing in most HR categories. In the study, the firm forecasts that selective outsourcing will continue to grow in 2008, particularly as small and medium-sized organizations adopt the strategy.
"Selective outsourcing is growing so popular because it can be tailored to meet an organization's exact needs," Hubbard said. "For most organizations, this means outsourcing routine, transaction-oriented processes while refocusing the HR department on strategic planning. Many companies report that selective outsourcing best meets their needs for access to leading-edge technologies, while improving employee experience and service levels. The key to successful outsourcing is finding the solutions that fit the organization's needs and culture."
More information on Watson Wyatt's 2007 HR Technology Trends survey can be found at http://www.watsonwyatt.com/techtrends.
About Watson Wyatt
Watson Wyatt is the trusted business partner to the world's leading organizations on people and financial issues. The firm's global services include: managing the cost and effectiveness of employee benefit programs; developing attraction, retention and reward strategies; advising pension plan sponsors and other institutions on optimal investment strategies; providing strategic and financial advice to insurance and financial services companies; and delivering related technology, outsourcing and data services. Watson Wyatt has 7,000 associates in 32 countries and is located on the Web at http://www.watsonwyatt.com/.
Watson Wyatt
CONTACT: Ed Emerman, +1-609-275-5162, eemerman@eaglepr.com, for Watson
Wyatt; or Steve Arnoff of Watson Wyatt, +1-703-258-7634,
steven.arnoff@watsonwyatt.com
Web site: http://www.watsonwyatt.com/
http://www.watsonwyatt.com/techtrends
MTS Announces Successful 10 Billion Rouble Bond Placement on MICEX
MOSCOW, June 24 /PRNewswire-FirstCall/ -- Mobile TeleSystems OJSC ("MTS" - NYSE: MBT), the largest mobile phone operator in Russia and the CIS, today announced the terms for the placement of its first rouble bond. The 10 billion rouble bond will be due in 2018, with the notes carrying a coupon of 8.70%.
The bond issue was 1.7 times oversubscribed; foreign investors constituted one third of the total investor group.
The bond will be listed in the "V" quotation list on the Moscow Interbank Currency Exchange (MICEX).
The bond will have a two-year put option, with coupons being paid semiannually. Funds raised through the placement will be used for general corporate purposes, including investments into further company growth and ongoing business development.
Vsevolod Rozanov, Vice President and CFO of MTS, commented, "The Board of Directors of MTS approved a strategy of increased presence on the company on Russian capital markets. This is the first rouble bond issued by MTS, and the results of the placement laud this strategy. The high level of investor interest and professionalism of bond arrangers allowed MTS' bond to have one of the most effective coupon rates among non-governmental companies in Russia this year."
The Lead Arrangers of the bond are Gazprombank, Raiffeisenbank and Troika Dialog.
Mobile TeleSystems OJSC ("MTS") is the largest mobile phone operator in Russia and the CIS. Together with its subsidiaries, the Company services over 86.3 million subscribers. The regions of Russia, as well as Armenia, Belarus, Turkmenistan, Ukraine, and Uzbekistan, in which MTS and its associates and subsidiaries are licensed to provide GSM services, have a total population of more than 230 million. Since June 2000, MTS' Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). Additional information about MTS can be found on MTS' website at http://www1.mtsgsm.com/.
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," and the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission, specifically the Company's most recent Form 20-F. These documents contain and identify important factors, including those contained in the section captioned "Risk Factors" that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, potential fluctuations in quarterly results, our competitive environment, dependence on new service development and tariff structures, rapid technological and market change, acquisition strategy, risks associated with telecommunications infrastructure, risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject to risks.
For further information, please contact:
Mobile TeleSystems, Moscow Investor Relations
Tel: +7-495-223-2025
E-mail: ir@mts.ru
Mobile TeleSystems OJSC
CONTACT: For further information, please contact: Mobile TeleSystems,
Moscow Investor Relations, Tel: +7-495-223-2025, E-mail: ir@mts.ru
TiVo Joins With TRA to Provide First of its Kind Audience Research ProductOnly Service to combine anonymous viewership, demographics, and purchasing data; moves TRA closer to goal of one million household national sample size
NEW YORK, June 24 /PRNewswire-FirstCall/ -- TiVo Inc. , the creator of and a leader in advertising solutions and television services for digital video recorders (DVRs), and TRA, Inc. (http://www.traglobal.com/), developer of the only scalable advertising research system that creates intelligent media data by measuring and reporting true ROI accountability and transparency for advertising spend, today announced an agreement enabling TRA to license and market TiVo(R) Audience Research Metrics as a bundled offering with TRA's Media TRAnalytics(TM).
Through this partnership, TRA will be drawing anonymous viewing data from TiVo's base of 1.7 million stand-alone subscribers. This will give TRA's Media TRAnalytics service, the only research service with the ability to correlate household purchasing behavior with media exposure, access to an unprecedented national sample size in order to effectively evaluate ROI of media spend. This agreement will accelerate TRA's stated goal of having one million households nationwide of anonymous singlesource data (TV viewership associated with household purchase data). The combined data from TRA and TiVo provides the most comprehensive universe of anonymous purchasing data and anonymous viewership data, covering all television signal sources including digital cable, analog cable, satellite, and over-the-air television, in Live and Timeshifted viewing.
TRA has agreements with three MSOs and has been producing anonymous, aggregate reports associating TV viewership with household purchasing data based on cable data since October 2007. TRA intends to expand its use of cable television data and harmonize cable and TiVo data to produce the largest and most representative anonymous sampling of the United States television audience.
David F. Poltrack, Chief Research Officer, CBS Corporation and President of CBS Vision said, "As a TiVo Stop||Watch(TM) and Media TRAnalytics subscriber, the level of actionable, detailed reporting that each provides is extremely valuable in helping us evaluate TV viewing behavior and the efficacy of our advertiser's campaigns. By combining forces, TiVo and TRA will essentially be offering the 'single source' measurement of television viewing and product purchasing behavior that the marketing community has been asking for since the 1970's."
"We are at a pivotal time for the advertising community, as new technologies open new research avenues for the industry to get more in-depth insight into who is viewing which programs and then purchasing products based on advertising," said Mark Lieberman, CEO and Chairman of TRA Inc. "TRA's agreement with TiVo is exciting for our company as Media TRAnalytics(TM) becomes the most advanced media and marketing research solution available on the market today."
"This partnership is the result of a shared vision for the future of advertising research and an ongoing commitment to help the media industry better understand the effectiveness of ad campaigns," said Todd Juenger, Vice President & General Manager, TiVo Audience Research & Measurement. "TiVo's expansive audience behavioral data coupled with TRA's access to the richest amount of purchase statistics with corresponding demographics creates the most powerful, comprehensive research tool for measuring advertising efficacy and ROI of media spend -- bar none. By matching this anonymous data, without using small unreliable panels, advertisers are finally able to connect TV viewing patterns to household purchase behavior and achieve meaningful insight in a way that respects consumer privacy."
TiVo's Stop||Watch(TM) ratings service, introduced in February 2007, is offered via an easily sortable database of ratings for nationally run programs and advertisements from cable and broadcast networks, with data going back to September 2006. The data is derived from a daily, aggregate, anonymous, stratified random sample of 20,000 TiVo units -- from which the second-by-second "clickstream" of behavior and viewership is collected and assessed. TRA subscribers who are also Stop||Watch(TM) subscribers will have access to the total breadth and depth of both services.
The partnership was announced during the Advertising Research Foundation's Audience Measurement 3.0 conference in New York where Messrs. Juenger and Poltrack are featured speakers.
About TiVo Inc.
Founded in 1997, TiVo pioneered a brand new category of products with the development of the first commercially available digital video recorder (DVR). Sold through leading consumer electronic retailers and our website, TiVo has developed a brand which resonates boldly with consumers as providing a superior television experience. Through agreements with leading satellite and cable providers, TiVo also integrates its DVR service features into the set-top boxes of mass distributors. TiVo's DVR functionality and ease of use, with such features as Season Pass(TM) recordings and WishList(R) searches and TiVo KidZone, have elevated its popularity among consumers and have created a whole new way for viewers to watch television. With a continued investment in its patented technologies, TiVo is revolutionizing the way consumers watch and access home entertainment. Rapidly becoming the focal point of the digital living room, TiVo's DVR is at the center of experiencing new forms of content on the TV, such as broadband delivered video, music and photos. With innovative features, such as TiVoToGo(TM) transfers and online scheduling, TiVo is expanding the notion of consumers experiencing "TiVo, TV your way. (R)" The TiVo(R) service is also at the forefront of providing innovative marketing solutions for the television industry, including a unique platform for advertisers and audience research measurement.
TiVo, 'TiVo, TV your way.', Season Pass, WishList, TiVoToGo, Stop||Watch, and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. (C) 2008 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
About TRA, Inc.
TRA, Inc. (True ROI Accountability for Media -- http://www.traglobal.com/) is a media marketing research company whose proprietary patent pending technology cost effectively matches the ads that people actually receive with the products people actually buy; giving advertisers, agencies, and media transparency, accountable measurement, and return-on-investment for their advertising spend. TRA's Media TRAnalytics(TM) 2.0 provides Advertising/Media Exposure (AME), Return on Investment (ROI), Audience Retention (AR), Reach and Frequency (RF), and True Target Index (TTI) reports. TRA's engine has the ability to analyze viewership data from television digital set boxes (DSTBs) as well as cross-tabulate second-by-second advertising audience data from a significant number of DSTBs with other media touchpoints, household demographics and actual household product purchasing data in the same homes. TRA's Web-based research reports permit advertisers and agencies to reallocate their advertising, shifting money to advertising that produces higher sales per dollar.
Founded by Chairman and Chief Executive Officer Mark Lieberman, an experienced entrepreneur, and advertising industry measurement pioneer Bill Harvey, President and Co-Founder, TRA employs proprietary measurement technologies and proven algorithms developed and refined over a 10-year period. TRA's founders have been in the media research industry for more than 25 years and have built and run digital media companies in the marketing research, video-on-demand, Internet video and information publishing industries.
In August of 2007, TRA closed its first institutional financing round led by Kodiak Ventures, WPP/Kantar Media Research and unnamed angels. MediaVest, a subsidiary of Paris-based Publicis Groupe, is TRA's first agency to be using Media TRAnalytics 2.0. TRA's Board includes John Billock, the former Vice Chairman and Chief Operating Officer of Time Warner Cable, Burt Manning, the former Chief Executive Officer of J. Walter Thompson, Bruce Barnet, the former CEO of Reed Business Information, Chip Meakem, general partner from Kodiak Ventures, and Bill McKenna, the President of KMR, North America.
TiVo Inc.
CONTACT: Whit Clay of Sloane & Company, +1-212-446-1864,
wclay@sloanepr.com, for TiVo Inc.; or Andy Dear of Pan Communications,
+1-978-474-1900, tra@pancomm.com, for TRA, Inc.
Web site: http://www.tivo.com/
http://www.traglobal.com/
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