Companies news of 2008-06-30 (page 2)
Lockheed Martin Begins Critical Test Phase for First Advanced EHF Military Communications...
EDS Awarded $42 Million Contract to Modernize Tax and Revenue System for Ohio
Shelron Considering New Business Areas
Win Gaming Media in Major UK Broadcast Gambling DealWin Gaming Media's Subsidiary Two Way...
Satyam BPO Ranked No. 2 BPO Vendor GloballyBrown-Wilson Group's Black Book of Outsourcing...
Black Enterprise Magazine Names Verizon to Publication's List of 40 Best Companies for...
Ruud Spoor Joins Playlogic Entertainment, Inc. as Director
Video: Waters Celebrates Customers' Scientific Achievements through New Brand...
India and China Propel Internet Audience Growth in Asia-Pacific Region, According to...
Texas Instruments Delivers RFID Asset Visibility in Harsh and Metallic Environments with...
FileMaker Demonstrates New Bento Personal Database and FileMaker Pro Solutions at 2008...
Micromem U.S. subsidiary has been featured in a BAE Systems press release
Diebold Technology Maximizes Functionality, Streamlines Operation of KeyBank's...
The Ultimate Music Game Is Back For An EncoreHarmonix, MTV Games and Electronic Arts...
New Britain and Newington, Connecticut Residents to Benefit from Verizon Wireless Network...
US Dataworks, Inc. Announces Fiscal 2008 Financial Results- Company Restructuring Near...
Eagle Expands Strategic Relationship with Microsoft
Cyberlux Corporation Announces Completion of CEO TransitionCEO Donald F. Evans to Retire;...
Northern Trust Named to Computerworld's Annual List of Best Places to Work in Information...
Digimarc Board Approves $310 Million All-Cash Offer from L-1 Identity Solutions for...
Eagle Expands Strategic Relationship with Microsoft
Government executives encourage agencies to document enterprise-wide IT strategies in...
Majesco Entertainment Announces Details of 'Cooking Mama World Kitchen' for Wii(TM)Comedic...
General Dynamics Awarded $16 Million U.S. Army Delivery Order to Expand Fort Meade's...
Corporate Express Invites Businesses to Enter Ecoffice(R) Makeover ContestWinning Company...
Consumers Name Crime, While First Responders Rank Natural Disasters as Top Safety MatterAs...
AT&T Answers the Need for Speed in Charleston and HuntingtonCompany Delivers Supercharged...
Pearson Announces Partnership With Aspirations UnlimitedPearson Exclusive Publisher of My...
Naglieri Nonverbal Ability Test, Second Edition Now Available From Pearson in Online...
Pearson Introduces New, Individually State-Aligned Item Banks for Benchmarking and...
Lockheed Martin Begins Critical Test Phase for First Advanced EHF Military Communications Satellite
SUNNYVALE, Calif., June 30 /PRNewswire/ -- Lockheed Martin announced today that the first Advanced Extremely High Frequency (AEHF) military communications satellite is now undergoing thermal vacuum testing at the company's Sunnyvale, Calif. facilities.
The U.S. Air Force's AEHF system will provide global, highly secure, protected, survivable communications for all warfighters serving under the U.S. Department of Defense.
One of the most significant program milestones, thermal vacuum testing will verify AEHF spacecraft functionality and performance in a vacuum environment where the satellite is stressed at the extreme hot and cold temperatures it will experience in space throughout its 14-year design life.
AEHF thermal vacuum testing is conducted in Lockheed Martin's Dual Entry Large Thermal Altitude (DELTA) chamber and is one of several critical environmental test phases that validate the overall satellite design, quality of workmanship and survivability during space vehicle launching and on-orbit operations.
"The start of spacecraft thermal vacuum testing represents a significant achievement for the entire government-industry program team," said Leonard F. Kwiatkowski, Lockheed Martin vice president and general manager of Global Communications Systems. "We look forward to executing a successful test and delivering the unprecedented communications capabilities that AEHF will provide to our military."
Following completion of spacecraft thermal vacuum testing in late July, the team of Lockheed Martin Space Systems, Sunnyvale, Calif., the Advanced EHF prime contractor, and Northrop Grumman Space Technology, Redondo Beach, Calif., the payload supplier, will perform environmental test data analysis and remaining integration and test activities necessary to prepare the vehicle for flight. The spacecraft is planned for delivery to the Air Force in early 2009 in preparation for launch aboard an Atlas V launch vehicle.
A single AEHF satellite will provide greater total capacity than the entire Milstar constellation currently on-orbit. Individual user data rates will be five times improved. The higher data rates will permit transmission of tactical military communications, such as real-time video, battlefield maps and targeting data. In addition to its tactical mission, AEHF will also provide the critical survivable, protected, and endurable communications to the National Command Authority including presidential conferencing in all levels of conflict.
Lockheed Martin is currently under contract to provide three Advanced EHF satellites and the Mission Control Segment to its customer, the Military Satellite Communications Systems Wing, located at the Space and Missile Systems Center, Los Angeles Air Force Base, Calif. The program is in the early stages of adding a fourth spacecraft to the planned constellation.
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion.
Media Contact: Steve Tatum, 408-742-7531; e-mail, Stephen.o.tatum@lmco.com
Lockheed Martin
CONTACT: Steve Tatum of Lockheed Martin, +1-408-742-7531, Stephen.o.tatum@lmco.com
Web site: http://www.lockheedmartin.com/
EDS Awarded $42 Million Contract to Modernize Tax and Revenue System for Ohio
HERNDON, Va., June 30 /PRNewswire-FirstCall/ -- EDS has been awarded a $42.8 million, four-and-a-half year contract by the Ohio Department of Taxation to modernize the Ohio State Tax and Revenue System.
The new State Taxation Accounting and Revenue System (STARS) will simplify and streamline tax services to Ohio's citizens and collect state taxes more efficiently. EDS' U.S. state and local government subsidiary, Saber Government Solutions, will provide the contract services and solutions.
The Ohio Department of Taxation is responsible for taxpayer registration, returns and remittance processing, taxpayer accounting and billing, non-filer discovery, selection and management of audits, processing assessments, administering taxpayer appeals, revenue accounting and distribution of tax proceeds to local governments within the state. The STARS project will improve agency productivity, reporting, compliance efforts and customer service.
Under the STARS contract, EDS will consolidate 23 major state tax types from 27 different legacy applications and databases into a single application to give the state a better understanding of its citizens and businesses.
Additionally, EDS will leverage Oracle's Enterprise Taxation Management solution to implement tax changes more easily and quickly. The Oracle solution will provide the Department of Taxation with a flexible and configurable tax and revenue system that will allow the state to implement new and additional taxes with no additional software fees.
The STARS solution also includes program management, electronic data management, system integration, data conversion, training, documentation, managed server, and storage services. To support ongoing improvement and long- term growth of the system, Department of Taxation employees will receive training and hands-on support, enabling them to maintain and expand the use of STARS as needed.
"We look forward to working with the Ohio Department of Taxation to support their growing tax and revenue management needs," said Dennis Stolkey, vice president and general manager, EDS U.S. Government and Public Sector. "Our solution is based on technology that will support Ohio for many years and be maintained by the Department's staff, and will provide the state with the flexibility to more easily accommodate future tax changes."
About EDS
EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry 46 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.
CONTACT:
Ericka Floyd - EDS
703 742 1477
ericka.floyd@eds.com
Electronic Data Systems Corporation
CONTACT: Ericka Floyd of EDS, +1-703-742-1477, ericka.floyd@eds.com
Web site: http://www.eds.com/
Shelron Considering New Business Areas
NEW YORK, June 30 /PRNewswire-FirstCall/ -- The Shelron Group, Inc. (OTC BB: SHRN; the "Company"), the parent company of ActiveShopper(TM), a leading provider of e-commerce software and e-business solutions, today announced that the Company is considering expansion into new business areas.
In parallel with the ActiveShopper venture, The Shelron Group is now reviewing potential strategic alliances and joint ventures to expand its operations into the area of electronic advertising. "We believe that we can leverage our technical capabilities and management infrastructure to give us a clear advantage in this field," notes Eliron Yaron, Chairman of Shelron.
The Company will notify its shareholders of further developments.
About Shelron Group
Shelron Group Inc. is a leading developer of advertising and comparative shopping software, products, and services. ActiveShopper (TM) is the brand name of the company's comparative shopping products, which include US and UK comparative shopping websites, a mobile website for cell phone and PDA users, and various price-detecting comparative shopping installable clients. The company's stock is publicly traded on the OTC Bulletin Board under the symbol SHRN. Additional information is available at http://www.activeshopper.com/ and http://www.shelrongroup.com/.
Safe Harbor Statement:
Safe Harbor Statement This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives and other forward looking terminology such as "may," "expects," "believes," "anticipates," "intends," "projects," or similar terms, variations of such terms or the negative of such terms. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. A number of factors could cause our actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in our filings with the Securities and Exchange Commission (available at http://www.sec.gov/ ). Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein. We assume no obligation to update any forward-looking statements
Contact:
IR@activshopper.com
Joel Gering
+1-516-6206794
Shelron Group Inc.
CONTACT: Contact: IR@activshopper.com, Joel Gering, +1-516-6206794
Win Gaming Media in Major UK Broadcast Gambling DealWin Gaming Media's Subsidiary Two Way Gaming and Virgin Media Television Launch Gaming Channel "Challenge Jackpot" in the UK
NEVADA, June 30 /PRNewswire-FirstCall/ -- Win Gaming Media's (OTCBB: WGMI) subsidiary Two Way Gaming, a joint venture between WGM and leading UK TV production company Two Way Media, today announced that it has agreed a deal to launch a new channel, Challenge Jackpot in collaboration with Virgin Media Television (VMtv), part of leading UK entertainment and communications company Virgin Media.
Challenge Jackpot launches on 1 July 2008 and will be broadcast on Virgin Media's UK cable network alongside VMtv's long-established Challenge channel. The channel's output post-midnight will also be aired on VMtv's Virgin1 and Bravo2 channels, extending its reach to homes with satellite and digital terrestrial television. Challenge Jackpot will be a fun gaming channel, where viewers will be able to watch or play along with a variety of casino and skill-based games with the opportunity to win big money. WGM's Two Way Gaming will operate all of the gambling services associated with the channel, building on the company's experience of running live gaming services on TV and on the internet.
The new channel's ITV and IPTV services are powered by Win Gaming Media's wholly owned subsidiary MIXTV, a leader in TV 2.0 platforms. MIXTV's cutting-edge MIX Director and Enterprise server technology provides the tools to deliver live TV and streaming TV customer interaction, in addition to back office services for managing the multi-platform gaming channel CRM and financial services.
Challenge Jackpot will run at least eight hours of new live studio games every day. At launch, its flagship game will be Roulette Nation, which will soon be joined by live blackjack and live bingo games. In addition, viewers will be able to play along with a range of automated games supplied by Two Way Gaming, including Get Set Roulette, Face Up Hold 'Em and Hot Shot Keno.
Supporting the channel will be a new casino site http://www.challengejackpot.com/, operated by Two Way Gaming. The channel's output will be streamed online and viewers will be able to play along as the action unfolds. Two Way Gaming will also be offering a full suite of licensed games, which will include well-known TV brands such as Cluedo, Monopoly, The Price is Right and Wheel of Fortune, among others.
Jonathan Webb, the managing director of Virgin Media Television, explained: "Challenge Jackpot is the first step in reinventing our Challenge brand for the twenty-first century. We want this new channel to continue the values of fun and excitement that have long been synonymous with Challenge - but also to take the relationship with our viewers to the next level of interactivity."
Shimon Citron, CEO of Win Gaming Media said, "We are excited to team up with a media giant in the calibre of Virgin Media Television. This combination of innovative platforms, great entertainment and the fast-paced thrill of gaming, delivered to the world's largest legalized gambling market, has the power to drive substantial business for WGM and Two Way Gaming."
About Win Gaming Media
Win Gaming Media Inc. (OTCBB: WGMI) is a leading software provider in the interactive gaming industry, delivering cross-platform systems designed to handle mass participation gaming over mobile devices, TV and the Internet. Win Gaming Media specializes in delivering innovative entertainment platforms, including TV 2.0 and interactive live TV gaming. With an array of world-class solutions deployed globally and partnerships with key players in the gaming arena, including Cablevision, Lodgenet and Two Way Media, its partner in subsidiary Two Way Gaming, Win Gaming Media is a driving force in the global gaming industry. Win Gaming Media is based in Nevada, U.S..
For more information please visit http://www.wingamingmedia.com/ and http://www.mixtv.tv/.
About Virgin Media Television
Virgin Media Television has seven wholly-owned channels - some of the strongest brands in UK multichannel television: LIVING, LIVING2, Virgin1, Bravo, Bravo 2, Challenge and Trouble. VMtv is also BBC Worldwide's 50% partner in the UKTV portfolio of nine channels.
Virgin Media Television is part of Virgin Media, the UK's leading entertainment and communications company. Thanks to Virgin Media, consumers can for the first time, get everything they need from one company - a "quadplay" of digital TV, broadband, phone and mobile
About Two Way Gaming
Two Way Gaming is a private company registered in Alderney. It is a 50/50 joint venture between Win Gaming Media Inc. (OTCBB: WGMI) and Two Way Media, offering multi-platform gaming solutions and TV shows to the broadcast TV industry. It produces more than 50 hours of gambling TV shows a day, distributed on a number of Sky channels.
Two Way Gaming runs the only five platform single wallet gaming services in the world for Teletext. It operates the TeletextGames Channel on UK's Freeview, Teletext's analogue TV gaming system; a mobile service and an internet service - all driven by a Single Wallet Solution. This reaches over 11 million UK digital and analogue viewers weekly.
Two Way Gaming's The Winner Channel (http://www.winnerchannel.com/), an interactive TV betting service on UK cable is available in over 3 million homes. The company also provides and operates white label gambling services including services in the UK for Channel Five, Channel Four, Virgin Media Television, Teletext, the Sun and others.
Contacts:
Win Gaming Media:
Rinat Rond,
Koteret Public Relations,
rinat_r@koteret.com
or Tel: +972-3-575-5778 x112
Patrick Robinson,
Head of Corporate and Public Affairs,
Virgin Media Television
+44-20-7299-5695
Mob: +44-7787-196-609
patrick.robinson@virginmediatv.co.uk
Anna Landon,
PR Manager,
Two Way Media
+44-7958-537-857
anna@twowaymedia.co.uk
Win Gaming Media Inc.
CONTACT: Contacts: Win Gaming Media: Rinat Rond, Koteret Public Relations, rinat_r@koteret.com or Tel: +972-3-575-5778 x112; Patrick Robinson, Head of Corporate and Public Affairs, Virgin Media Television, +44-20-7299-5695, Mob: +44-7787-196-609, patrick.robinson@virginmediatv.co.uk; Anna Landon, PR Manager, Two Way Media, +44-7958-537-857, anna@twowaymedia.co.uk
Satyam BPO Ranked No. 2 BPO Vendor GloballyBrown-Wilson Group's Black Book of Outsourcing also ranks Satyam BPO fourth in Knowledge Process Outsourcing
HYDERABAD, India, June 30 /PRNewswire-FirstCall/ -- Satyam Computer Services Ltd. , a leading global consulting and information technology services provider, announced today that Satyam BPO, its business process outsourcing (BPO) arm, has been ranked second among the world's leading BPO vendors in Brown-Wilson Group's Black Book of Outsourcing. Satyam BPO also ranked fourth on the Knowledge Process Outsourcing Vendors list. More than 4,000 organizations were evaluated in compiling the lists.
For the third consecutive year, Satyam BPO has been ranked among the top 10 in Brown-Wilson Group's Black Book of Outsourcing. In 2007 and 2006, Satyam BPO, formerly Nipuna, had been ranked in several categories such as FAO, KPO and Energy and Utilities.
"The categories in which we have been ranked this year -- BPO and KPO -- are the key growth areas that we have been focusing on and basing our 'Specialty BPO' positioning on. This ranking fits in extremely well from a strategic perspective for us," said Satyam BPO's Chief Executive Officer Venkatesh Roddam. "Recognition from the Brown-Wilson Group shows our commitment to developing partnerships with clients and enabling transformation through superior delivery."
About Satyam
Satyam , a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 63* countries.
Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's 51,127* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.
Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 654* clients, including more than one third of the Fortune 500. For more information, see http://www.satyam.com/.
About Satyam BPO
Satyam BPO is powered by a combination of domain expertise, operational excellence, process skills, and superior technology. The company is the world's first eSCM Capability Level 5 service provider and India's leading integrated end-to-end outsourcing service providers. Satyam BPO offers proven, full-service expertise for multiple industries, including telecom, pharmaceuticals, financial services, and manufacturing. Its global delivery standards have resulted in numerous longstanding client relationships with Fortune 500 companies.
*As of March 31, 2008
Satyam Contacts
For clarifications, write to us at MediaRelations@Satyam.com
Or contact:
India
+91-986-659-6192 Kulwinder Singh Kulwinder_Singh@Satyambpo.com
+91-970-360-8822 Meigha Humbre Meigha_Humbre@Satyam.com
US
+1-703-877-2225 James Swords James_Swords@Satyam.com
Europe
+44-783-010-3838 Sandeep Thawani Sandeep_Thawani@Satyam.com
Asia-Pacific
+61-439-408-484 Dan Bleakman Dan@howorth.com.au
+65-98-140-507 Reshma Wad Jain Reshma@wer1.net
Safe Harbor
This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading "Risk Factors" in our report on Form 6-K concerning the quarter ended December 31, 2007, furnished to the United States Securities Exchange Commission on January 28, 2008 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov/.
This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from Satyam and that will contain detailed information about Satyam and its management, as well as financial statements.
Satyam Computer Services Ltd.
CONTACT: India, Kulwinder Singh, +91-986-659-6192, Kulwinder_Singh@Satyambpo.com, or Meigha Humbre, +91-970-360-8822, Meigha_Humbre@Satyam.com; US, James Swords, +1-703-877-2225, James_Swords@Satyam.com; Europe, Sandeep Thawani, +44-783-010-3838, Sandeep_Thawani@Satyam.com; Asia-Pacific, Dan Bleakman, +61-439-408-484, Dan@howorth.com.au, or Reshma Wad Jain, +65-98-140-507, Reshma@wer1.net, all of Satyam Computer Services Ltd.
Web site: http://www.satyam.com/
Black Enterprise Magazine Names Verizon to Publication's List of 40 Best Companies for Diversity
NEW YORK, June 30 /PRNewswire/ -- Verizon has again been named to Black Enterprise magazine's 40 Best Companies for Diversity, the most recent in a series of honors this year recognizing Verizon as a top employer and a leader in corporate diversity.
In selecting the companies, Black Enterprise evaluated diversity programs and consulted with diversity experts and corporate diversity officers. The publication also conducted an extensive survey of more than 1,000 of the country's largest publicly traded companies and more than 50 leading global companies with significant U.S. operations.
This is the third time that Verizon has been named to the list. The company was cited for the diversity of its Board of Directors, for having spent $3.1 billion with women and minority suppliers in 2007, and for rating highest for the percentage of advertising dollars spent in diverse markets.
The results of the survey appear in Black Enterprise's July issue.
"We're proud to be recognized as a company that sets the standard in American business," said Magda Yrizarry, Verizon's vice president for workplace culture, diversity and compliance. "At Verizon, diversity is as much about good business practices as it is the right thing to do."
Verizon has been recognized as a leader in workplace practices by numerous publications.
Earlier this year, Verizon was named No. 1 on DiversityInc magazine's list of Top 50 Companies for Diversity, for the second time in three years. BusinessWeek ranked Verizon fourth in the publication's 12th annual ranking of the best-performing companies in the Standard & Poor's 500-stock index. For the past two years, Verizon has been ranked by BusinessWeek as one of the Best Places to Launch a Career. And for the third consecutive year, Working Mother magazine named Verizon to its list of Best Companies for Multicultural Women.
Part of Verizon's culture and an integral part of its business strategy, diversity cuts across all business groups and functions -- from human resources and supplier relations, to marketing and philanthropy. The Verizon Foundation, the company's philanthropic arm, contributed more than $34 million in 2007 to charitable causes and organizations that serve minority communities across the country. The Verizon Center for Customers with Disabilities is in its 15th year and handled over 800,000 calls last year alone. Verizon's multilingual centers were created to answer customer demand for multilingual, multicultural services and provide services in six languages -- Spanish, Korean, Mandarin, Cantonese, Russian and Vietnamese.
Whether it's a wireless service, the latest in broadband technology, or the best in entertainment, Verizon depends on the unique talents, perspectives and experiences of all employees to maintain its premier network and better serve its customers.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 67 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employed a diverse workforce of approximately 232,000 as of the end of the first quarter 2008 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon
CONTACT: Alberto Canal of Verizon, +1-908-559-6367, alberto.c.canal@verizon.com
Web site: http://www.verizon.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Ruud Spoor Joins Playlogic Entertainment, Inc. as Director
AMSTERDAM, Netherlands and NEW YORK, June 30 /PRNewswire-FirstCall/ -- Playlogic Entertainment, Inc. (BULLETIN BOARD: PLGC) announced that Ruud Spoor joined the company as non-executive Director, effective the 23rd of June, 2008. Spoor is director at BL Capital B.V., Mr. Spoor will serve as the fourth non-executive director on the Board of Playlogic Entertainment, Inc. in addition to Chairman Willy Simon, Erik van Emden and George Calhoun. Executive board member is CEO/President Willem M. Smit.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071119/PLAYLOGICLOGO )
Since 2007, Mr. Spoor has been the director of BL Capital B.V., an investment firm located in 's Hertogenbosch, the Netherlands. Prior to BL Capital, Mr. Spoor was Commercial Director Corporate Clients of ABN-AMRO in the Netherlands. Spoor also currently serves as a director or as a member of the supervisory board in several Dutch companies.
Willy Simon, Playlogic's Chairman, said, "We are very pleased that Mr. Ruud Spoor joins the Board of Playlogic International at the next step of its growth. He adds significant financial and business experience, as well as access to the Dutch Investors community."
Ruud Spoor said, "I am excited to join the Board of Playlogic and help the company to manage its growth and visibility in a very dynamic market."
ABOUT PLAYLOGIC:
Playlogic Entertainment, Inc. is an independent worldwide publisher of entertainment software for consoles, PCs, handhelds, mobile devices, and other digital media. Playlogic distributes its products through all available channels, online and offline. Playlogic, who currently has approximately 80 employees, is listed on Nasdaq OTC under the symbol "PLGC.OB" and is headquartered in New York, USA and Amsterdam, the Netherlands. Its in-house game development studio "Playlogic Game Factory" is based in Breda (the Netherlands).
Playlogic's portfolio includes games that are being developed by several teams at the Playlogic Game Factory, as well as games developed by a number of studios throughout the world with approximately 400 people of external development staff. The Playlogic Game Factory also develops first party titles for Sony Computer Entertainment Europe (SCEE).
Playlogic publishes quality games, working with leading technology to produce digital entertainment from concept to finished product. Playlogic plans to publish 20 titles, on several platforms, during 2008.
FORWARD LOOKING STATEMENTS:
This release contains statements about PLAYLOGIC's future expectations, performance, plans, and prospects, as well as assumptions about future events. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions and trends; fluctuations in operating results; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's SEC reports. Actual results may differ materially from our expectations as the result of these and other important factors relating to PLAYLOGIC'S business and product development efforts, which are further described in filings with the Securities and Exchange Commission. These filings can be obtained from the SEC's website located at http://www.sec.gov/. Any forward-looking statements are based on information available to PLAYLOGIC on the date of this release, and PLAYLOGIC assumes no obligation to update such statements.
FOR MORE INFORMATION
Playlogic International
Robert A. Van Duivenbode
T: +31 20 676 03 04
M: +31 6 53 53 00 10
E: rvanduivenbode@playlogicint.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071119/PLAYLOGICLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Playlogic Entertainment, Inc.
CONTACT: Robert A. Van Duivenbode, Playlogic International, +31-20-676-03-04, or mobile +31-6-53-53-00-10, rvanduivenbode@playlogicint.com
Web site: http://www.playlogicgames.com/
Video: Waters Celebrates Customers' Scientific Achievements through New Brand ShowcaseFirst Customer Featured is Apotex, Inc., a World Leading Pharmaceutical Manufacturer
MILFORD, Mass., June 30 /PRNewswire-FirstCall/ -- Waters Corporation has unveiled its new brand showcase celebrating the achievements of customers and their scientific advancements made possible with Waters(R) liquid chromatography, mass spectrometry, chemistry and informatics technology innovations.
To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/waters/33494/
"Waters brand showcase is designed to bring The Science of What's Possible(TM) to life by highlighting how we enable our customers to make advancements in science that have positive impact on the world," said Art Caputo, Executive Vice President and President, Waters Division. "I am proud of what I hear from our customers and partners. It is rewarding to know that what we do at Waters makes a difference in helping to solve some of the world's most important scientific challenges."
To date, Waters has interviewed clients from pharmaceutical, proteomics, environmental, and clinical laboratories within companies and academic organizations to tell their stories through a series of video and print testimonials available in targeted publications and throughout http://www.waters.com/.
This first phase of Waters brand showcase includes an interview with Dr. Jeremy Desai, Executive Vice President of R&D for Apotex, Inc. (http://www.apotex.com/). Apotex produces more than 300 pharmaceuticals in over 6,000 dosages and formats which are used to fill more than 85 million prescriptions a year in Canada. Among discussing many topics, Dr. Desai outlines critical success factors for his company and how Waters supports specific goals, such as accelerated product development.
About Waters Corporation (http://www.waters.com/)
Waters Corporation creates business advantages for laboratory-dependent organizations by delivering practical and sustainable innovation to enable significant advancements in such areas as healthcare delivery, environmental management, food safety, and water quality worldwide.
Pioneering a connected portfolio of separations science, laboratory information management, mass spectrometry and thermal analysis, Waters technology breakthroughs and laboratory solutions provide an enduring platform for customer success.
With revenue of $1.47 billion in 2007 and 5,000 employees, Waters is driving scientific discovery and operational excellence for customers worldwide.
Waters and The Science of What's Possible are trademarks of Waters Corporation.
Contact:
Brian J. Murphy
Waters Corporation
Public Relations Manager
Brian_J_Murphy@waters.com
508-482-2614
Video: http://www.prnewswire.com/mnr/waters/33494
Waters Corporation
CONTACT: Brian J. Murphy, Public Relations Manager of Waters Corporation, +1-508-482-2614, Brian_J_Murphy@waters.com
Web site: http://www.waters.com/
India and China Propel Internet Audience Growth in Asia-Pacific Region, According to comScorecomScore to Present 'The State of the Global Internet with a Focus on Asia' Webcast in July
TOKYO, June 30 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released findings on the Asia-Pacific market from its report "The State of the Global Internet with a Focus on Asia," which will be presented via free Webcast from Singapore and Japan in July.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)
During the past year, the Asia-Pacific Internet audience (at home and work locations among users age 15 and older) grew 14 percent to 319 million visitors in April 2008, outpacing the growth of all other worldwide regions. The strongest growth occurred in India, which surged 27 percent to more than 28 million Internet users, followed by China, which grew 14 percent to more than 102 million visitors. Taiwan, Malaysia and New Zealand also achieved double-digit growth. Meanwhile, more developed Internet markets such as Japan (3 percent) and Singapore (4 percent) experienced modest gains.
Internet Audience Growth in the Asia-Pacific Region
April 2008 vs. April 2007
Total Asia-Pacific - Age 15+, Home and Work Locations*
Source: comScore World Metrix
Total Unique Visitors (000)
Apr-07 Apr-08 % Change
Asia Pacific 280,418 318,623 14
China 90,274 102,848 14
Japan 53,685 55,260 3
India 22,395 28,375 27
South Korea 26,323 25,652 -3
Australia 10,048 10,904 9
Taiwan 9,245 10,388 12
Malaysia 7,462 8,327 12
Hong Kong 3,525 3,718 5
Singapore 2,216 2,298 4
New Zealand 1,937 2,161 12
* Excludes traffic from public computers such as Internet cafes or access
from mobile phones or PDAs.
The presentation will include key insights on recent trends in Asia and other international markets that are shaping the global landscape of the Internet. Among these are the following:
-- Though each of the top 10 global properties is based in the United States, each one sources the majority of its audience from outside the U.S.
-- Half of the top 20 properties in the Asia-Pacific region are locally-owned entities.
-- Although Google Sites and Yahoo! Sites combined to capture the majority of search share in the Asia-Pacific region, five of the top 10 search properties are regional engines, including China's Baidu.com and Korea's NHN Corporation (Naver.com).
-- Internet users in Hong Kong, South Korea, Singapore, Taiwan and Australia spend the most time online in the region, but still spend less time than the worldwide average.
-- While Facebook.com is the leading social networking site worldwide, Friendster.com is the top social networking site in the Asia-Pacific region.
"The State of the Global Internet with a Focus on Asia" will be presented in English on July 2 from Singapore and in Japanese on a soon-to-announced date in July from Japan. For more information and to register please see the information below.
English Language Webcast Live from Singapore
Wednesday, July 2
10:00 a.m. SGT (GMT +8:00)/10:00 p.m. EDT (New York) July 1
Presenter: Kevin Tan, Asia-Pacific Business Development Director, comScore
Inc.
Registration: http://www.comscore.com/request/asiawebcast.asp
Japanese Language Webcast Live from Japan
July 2008
Presenter: Maru Sato, Managing Director of comScore Japan
Pre-registration: http://www.comscore.com/japanwebcastinfo
About comScore
comScore, Inc. is a global leader in measuring the digital world. For more information, please visit http://www.comscore.com/boilerplate
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comScore, Inc.
CONTACT: Sarah Radwanick of comScore, Inc., +1-312-775-6538, Press@comscore.com
Web site: http://www.comscore.com/
Texas Instruments Delivers RFID Asset Visibility in Harsh and Metallic Environments with Two New Low Frequency ProductsMulti-Usage Wedge Transponder and 24 mm LF Circular Inlay designed for industrial applications with TI's half-duplex technology
DALLAS, June 30 /PRNewswire/ -- While 134.2 kHz low frequency (LF) RFID technology has been used to identify everything from livestock to automotive parts since the late 1980s, a host of new applications are demanding tags with improved performance in highly metallic and other harsh industrial environments. Texas Instruments Incorporated (TI) , http://www.ti.com/rfid, today announced two additions to its LF product family: the 12 mm Multi-Usage Wedge Transponder and 24 mm LF Circular Inlay. The 12 mm Multi-Usage Wedge Transponder offers improvements in chip circuitry that enable direct-on-metal mounting. The 24 mm LF Circular Inlay, manufactured using TI's patented tuning process, provides improved consistency in read and write performance in applications such as waste management and industrial production.
The tags incorporate a number of TI's patented RFID technology and quality innovations including half-duplex (HDX) radio communication. HDX boosts read range by 50 percent compared with full-duplex (FDX) LF and offers a stronger RF signal because the HDX reader shuts down during the HDX tag's response. This allows the HDX reader to concentrate on receiving the signal thereby obtaining an accurate read as compared to FDX. In FDX systems, the reader signal remains on and may create RF interference as it attempts to read the FDX tag. HDX also features frequency shift keying technology which makes TI's tags more immune to electromagnetic interference (EMI) and other ambient environmental noise, allowing the reader to effectively read and differentiate tags that are close together.
Based on his experience with TI's LF HDX technology, Gerald Dittrich, research & development director of Brooks Automation Germany said, "Our customers have challenging conditions that require TI's LF HDX technology because it offers excellent read/write performance. The TI MUSA transponder delivers on that promise. We found that it's both shock resistant and performs particularly well in customer installations where metal resides."
TI's new tags are designed for rugged applications like container tracking in waste management, vehicle identification and access control, as well as other applications in highly metallic environments, such as oil refineries, oil drilling and tool production. The tags can also be applied to carbon fiber products, including aerospace, automotive and bicycle parts, and are developed to withstand the high temperatures of the manufacturing process.
"Low frequency HDX is the workhorse we recommend for applications where metal, temperature, and noisy environments often challenge other technologies," said Mikael Ahlund, director of asset tracking for Texas Instruments RFID Systems. "The performance and quality innovations we continue to make in our LF product portfolio ensure that the technology continues to find new applications."
In addition to being able to be directly mounted on metal, TI's 12 mm Multi-Usage Wedge Transponder also features 208 bits of flexible, user programmable memory and a password protected write capability that enables users to build a level of security into their application. For example, a company can have one portion of the tag's memory programmed with a factory-locked number, such as a manufacturer's ID code, while some of the other data sections can be freely used to record status, maintenance, or location updates over the life of an asset. Security can be imposed with a password that allows data updates only by authorized parties.
The 24 mm LF Circular Inlay is available with 80 bits of read/write memory or 64 bits of read only memory. The inlay is ISO/IEC 11785 compliant and can be easily encapsulated into a variety of materials and form factors. The inlays undergo complete inline parametric and functional testing to provide optimum off-the-reel yield. Both products are compatible with TI's reader portfolio. TI's HDX tag-reader combination offers the most optimized performance in addition to ease of installation and use.
TI's 134.2 kHz LF product family includes more than 40 transponder, inlay, antenna and reader products incorporating 20 years of the company's RFID design and manufacturing experience. For more information, visit http://www.ti.com/lowfrequency.
About Texas Instruments RFID Systems
Texas Instruments is the world's largest integrated manufacturer of radio frequency identification (RFID) transponders and reader systems. Capitalizing on its competencies in high-volume semiconductor manufacturing and microelectronics packaging, TI is a visionary leader and at the forefront of establishing new markets and international standards for RFID applications. For more information, contact RFID Systems at 1-800-962-RFID (North America) or +1 214-567-RFID (International), or visit the Web site at http://www.ti.com/rfid/
About Texas Instruments
Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/.
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Texas Instruments
CONTACT: Cindy Huff of Texas Instruments, +1-214-567-2463, chuff@ti.com; or Ashley Peterson of Bridgeman Communications, +1-617-742-7270, ashley@bridgeman.com, for Texas Instruments (Please do not publish these numbers or email addresses.)
Web site: http://www.ti.com/
FileMaker Demonstrates New Bento Personal Database and FileMaker Pro Solutions at 2008 National Educational Computing Conference (NECC)FileMaker software offers database solutions for education administrators
SANTA CLARA, Calif. and SAN ANTONIO, June 30 /PRNewswire-FirstCall/ -- NECC Conference -- FileMaker, Inc. will showcase the new Bento personal database software for Mac OS X Leopard, and will also demonstrate FileMaker Pro database solutions for school superintendents and district administrators, at the 2008 National Educational Computing Conference (NECC), June 30-July 2, 2008, at the Henry B. Gonzalez Convention Center in San Antonio, Texas in Booth Nos. 6088 and 6090.
Bento is the stylish personal database software for Mac OS X Leopard that is as easy to use as a Mac. Its iTunes-like interface puts Address Book, iCal and other Mac information in one place, making organization easy. Booth attendees will learn how teachers can use Bento to efficiently and creatively track staff and student contacts, coordinate events, track classroom projects, prioritize tasks, and more. Bento trial software is available at http://www.bentotrial.com/.
Appearing with FileMaker representatives at the company's booth will be AlaMark Technologies, a certified FileMaker development and training firm with offices in San Antonio, Houston, and Austin, Texas. AlaMark will preview its new Professional Association Database Management and Content Management system co-developed with the Texas Association of School Administrators (TASA). AlaMark's products, available this fall, are supported by the FileMaker 9 PHP API and live SQL connectivity. AlaMark will also demonstrate SCPro(TM) and CCPro(TM), FileMaker Pro-based solutions for automated database publishing and integrated marketing.
At the FileMaker booth, educators can receive free 30-day-trial CDs of both Bento and FileMaker Pro 9 while supplies last.
FileMaker database software helps schools collect, manage and report on student and administrative data. More than 10,000 K-12 schools use FileMaker in their data-driven decision-making processes to achieve greater operational efficiency, comply with federal and state reporting requirements and track student performance.
FileMaker also offers the K-12 Education Starter Kit, featuring five education starter solutions, and other helpful K-12 resources. The Starter Kit with a trial version of FileMaker Pro 9 can be downloaded at http://www.filemakertrial.com/k-12.
About FileMaker, Inc.
FileMaker, Inc. develops award-winning database software. Its products include the legendary FileMaker Pro product line for Windows, Mac and the web, and the new Bento personal database for Mac. FileMaker Pro won 49 awards, more than its next eight competitors combined, in the past five years in the U.S., and a total of 130 awards worldwide during this time. Millions of customers, from individuals to large organizations, rely on FileMaker, Inc. software to manage, analyze and share information. FileMaker, Inc. is a subsidiary of Apple Inc.
Copyright (C) 2008 FileMaker, Inc. All rights reserved. FileMaker and Bento are trademarks of FileMaker, Inc., registered in the U.S. and other countries. All other trademarks are the property of their respective owners.
FileMaker, Inc.
CONTACT: Kevin Mallon of FileMaker, Inc., +1-408-987-7227, kevin_mallon@filemaker.com
Web site: http://www.filemaker.com/
Micromem U.S. subsidiary has been featured in a BAE Systems press release
TORONTO, June 30 /PRNewswire-FirstCall/ -- Micromem Technologies Inc. (OTC BB: MMTIF) is pleased to announce that its wholly owned U.S. subsidiary Micromem Applied Sensor Technologies, Inc. has been featured in a BAE Systems Inc., press release. The press release can be viewed at the following link: http://www.baesystems.com/Newsroom/NewsReleases/autoGen_10853014158.html
Listing: NASD OTC-Bulletin Board - Symbol: "MMTIF"
Shares issued: 79,661,879
SEC File No: 0-26005
About Micromem Technologies Inc.
--------------------------------
Micromem Technologies, Inc. (http://www.micromeminc.com/) is focused on the development of magnetic random access memory (MRAM) and sensor technology.
Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements in volve risks and uncertainties, which may cause Micromem's actual results in future periods to differ materially from those expressed or suggested herein. These uncertainties and risks include, without limitation, the inherent uncertainty of research, product development and commercialization, the impact of competitive products and patents, our ability to fund our current and future business strategies and respond to the effect of economic and business conditions generally as well as other risks and uncerta inties detailed from time to time in Micromem's filings with the Securities & Exchange Commission. There can be no guarantee that Micromem will be able to enter into any commercial arrangements on terms that are favorable to it, or at all. For more information, please refer to Micromem's Annual Report on Form 20-F and its Form 6-Ks as filed with the U.S. Securities and Exchange Commission. Micromem is under no obligation (and expressly disclaims any obligation) to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Micromem Technologies Inc.
CONTACT: Jason Baun, Chief Information Officer, 1-877-388-8930
Diebold Technology Maximizes Functionality, Streamlines Operation of KeyBank's Self-Service ChannelAgreement with Diebold offers KeyBank expanded marketing reach, enhanced fleet administration
NORTH CANTON, Ohio, June 30 /PRNewswire-FirstCall/ -- Diebold, Incorporated , the global leader in integrated self-service delivery and imaging services, continues to provide thought leadership and turnkey solutions to advance the financial self-service industry. Through a partnership that spans decades, Diebold is helping KeyBank provide its clients with a better overall banking experience. In the latest agreement, KeyBank is modernizing its self-service channel and replacing older machines with Opteva(R) ATMs loaded with advanced functionality Agilis(R) software that:
-- Provides personalized screen content and messages tailored to specific client segments;
-- Enables KeyBank to troubleshoot and access specific ATMs from a central location;
-- Offers faster resolution of specific ATM transaction inquiries.
As KeyBank's long-time partner, Diebold is providing a total turnkey solution that enables the financial institution to increase functionality and decrease costs, freeing up assets for other expenditures, while maximizing time and resources across its ATM channel.
"Diebold is the preferred provider for KeyBank's self-service channel for a number of reasons," said Debbie Jones, senior manager, channel management division, KeyBank. "In addition to delivering highly reliable solutions and support, Diebold is helping us build a dependable self-service channel that's also a cost-effective tool to reach out to our customers and make their ATM experience memorable."
Working closely with KeyBank to identify its current goals and requirements, Diebold is assisting the financial institution in strategically building out a powerful self-service channel. "With Diebold's solutions and services, KeyBank can provide the accessibility and functionality customers want, while effectively marketing its services and streamlining back-end administration of its fleet," said Charles E. Ducey, Jr., senior vice president, global development and services, Diebold.
KeyBank's new machines are representative of a range of Opteva models. From Opteva 500-series stand-alone lobby and interior walk-up cash dispensers to 700-series advanced-function interior and exterior models, the financial institution has the means to reach customers and provide advanced services at its branches or off-site.
About KeyCorp
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $101 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit http://www.key.com/.
About Diebold
Diebold, Incorporated is a global leader in providing integrated self- service delivery and security systems and services. Diebold employs more than 17,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.' For more information, visit the company's Web site at http://www.diebold.com/.
Diebold, Incorporated
CONTACT: Media Relations, DeAnn Zackeroff, +1-330-490-5220, deann.zackeroff@diebold.com, or Investor Relations, Christopher Bast, +1-330-490-6908, christopher.bast@diebold.com
Web site: http://www.diebold.com/ http://www.key.com/
The Ultimate Music Game Is Back For An EncoreHarmonix, MTV Games and Electronic Arts Unleash Rock Band(TM)2Entire Rock Band Downloadable Content Music Catalog Compatible with Rock Band 2More Music, Online Modes, Features Than Ever Before With New and Improved Drum and Guitar PeripheralsRock Band Online Music Store Passes 15 Million Paid DownloadsRock Band 2 Makes Exclusive Debut on Xbox 360 This September
CAMBRIDGE, Mass., June 30 /PRNewswire/ -- Harmonix, the world's premier music video game company in the world, and MTV Games, a part of Viacom's MTV Networks , along with marketing and distribution partner Electronic Arts Inc. , are taking the groundbreaking music platform that forever changed the face of music video games to the next level this September with the release of Rock Band 2. With the original providing millions of players a new way to interact with the music and artists they love, Rock Band 2 is the next evolution of the franchise that redefined the standard for music games.
Rock Band is the groundbreaking platform that allows music fans and gamers to interact with music like never before -- challenging players to put together a band and tour for fame and fortune while learning to master lead/bass guitar, drums and vocals.
Rock Band 2 builds upon its foundation as the first music game to introduce co-operative band gameplay, multiple instruments, a robust online multiplayer experience, an unrivaled offering of downloadable content and raises the bar by delivering an entirely new level of depth, connectivity, authenticity and features including:
-- Backwards compatibility with Rock Band downloadable music content. All previously purchased tracks will immediately load into your Rock Band 2 song list. No need to re-purchase or re-download.
-- The biggest and most diverse soundtrack ever featuring some of rock's most prolific acts, comprised entirely of master recordings.
-- Major new and dynamic online modes that will connect the entire Rock Band community in more ways than ever before both locally and globally.
-- More variety of instrument choices than ever before with new and improved drum and guitar peripherals, enhanced functionality and innovative new designs -- all fully compatible with the original Rock Band instruments.
-- And much more.
"As successful as the original Rock Band continues to be, we've now had the benefit of the last eight months to listen to our fans' requests and to build upon that foundation," said Alex Rigopulos, co-founder and CEO of Harmonix. "Rock Band 2 is a second-generation band game that will elevate the music game experience to the next level."
Rock Band 2 will make its debut on Xbox 360(TM) video game and entertainment system from Microsoft this September and have an exclusive launch window in North America. Rock Band 2 will be available for additional platforms later this year.
"We expect Rock Band 2 to continue to drive an amazing social music experience on Xbox 360," said David Hufford, senior director, Xbox Product Management for the Interactive Entertainment Business, Microsoft. "We look forward to supporting Rock Band 2 on Xbox 360 as gamers continue to download hundreds of new music tracks from Xbox LIVE so they and their friends can perform the rock music they love most."
More details regarding features and music for Rock Band 2 will be revealed at the 2008 E3 Media & Business Summit. Rock Band, the first installment in the franchise, garnered more than 40 awards including Game Critics Award: Best of Show E3 2007.
In addition, Harmonix and MTV Games today announced that The Rock Band online music store recently surpassed 15 million paid downloads since the game's launch in late November 2007. With more than 200 tracks available to date via download purchase (complete list of tracks at http://www.rockband.com/dlc ), the massive Rock Band Music Store allows players to preview and purchase downloadable individual music tracks, packs and albums from the vast selection of offerings available as they build their own custom Rock Band library.
Rock Band 2 is rated "T" for Teen (lyrics, mild suggestive themes) by the ESRB.
For more information on Rock Band and Harmonix Music Systems please visit http://www.rockband.com/ and http://www.harmonixmusic.com/.
About MTV Networks
MTV Networks, a unit of Viacom , is one of the world's leading creators of programming and content across all media platforms. MTV Networks, with more than 150 channels worldwide, owns and operates the following television programming services -- MTV: MUSIC TELEVISION, MTV2, VH1, mtvU, NICKELODEON, NICK at NITE, COMEDY CENTRAL, TV LAND, SPIKE TV, CMT, NOGGIN/THE N, VH1 CLASSIC, MTVN INTERNATIONAL and THE DIGITAL SUITE FROM MTV NETWORKS, a package of 13 digital services, all of these networks trademarks of MTV Networks. MTV Networks connects with its audiences through its robust consumer products businesses and its more than 300 interactive properties worldwide, including online, broadband, wireless and interactive television services and also has licensing agreements, joint ventures, and syndication deals whereby all of its programming services can be seen worldwide.
About MTV Games
MTV Games is dedicated to creating, marketing and publishing high-quality, innovative interactive products that are relevant to the MTV audience and complement the core values of the MTV Networks brands.
About Harmonix Music Systems, Inc
Harmonix Music Systems, Inc., based in Cambridge, MA, and established in 1995, is the leading developer of groundbreaking music-oriented videogames. Harmonix was founded by Alex Rigopulos and Eran Egozy, who formed the company to invent new ways for non-musicians to experience the unique joy that comes from making music and have pioneered music and rhythm gaming in the US. For more information please visit: http://www.harmonixmusic.com/ .
About Electronic Arts
Electronic Arts Inc. (EA), headquartered in Redwood City, California, is the world's leading interactive entertainment software company. Founded in 1982, the Company develops, publishes, and distributes interactive software worldwide for video game systems, personal computers, cellular handsets and the Internet. Electronic Arts markets its products under four brand names: EA SPORTS(TM), EA(TM), EA SPORTS Freestyle(TM) and POGO(TM). In fiscal 2008, EA posted GAAP net revenue of $3.67 billion and had 27 titles that sold more than one million copies. EA's homepage and online game site is http://www.ea.com/. More information about EA's products and full text of press releases can be found on the Internet at http://info.ea.com/.
(C) 2008 Harmonix Music Systems, Inc. All Rights Reserved. Harmonix, Rock Band, Rock Band 2 and all related titles and logos are trademarks of Harmonix Music Systems, Inc., a MTV Networks company. Rock Band and Rock Band 2 developed by Harmonix Music Systems, Inc. MTV: Music Television, MTV Games and all related titles and logos are trademarks of MTV Networks, a division of Viacom International Inc All other marks are the property of their respective owners. EA, EA SPORTS, EA SPORTS Freestyle and POGO are trademarks or registered trademarks of Electronic Arts Inc. in the U.S. and/or other countries. Microsoft, Xbox. Xbox 360 and Xbox Live are trademarks of the Microsoft group of companies. All other trademarks are the property of their respective owners.
MTV
CONTACT: For Harmonix, Tracie Snitker of Reverb Communications, +1-209-586-1495 x104, Tracie@reverbinc.com; or Jeff Castaneda of MTV, +1-212-846-6774, Jeff.Castaneda@mtvstaff.com; or Bryce Baer of Electronic Arts, +1-650-628-5102, bbaer@ea.com
Web site: http://www.mtv.com/ http://www.rockband.com/dlc http://www.rockband.com/ http://www.harmonixmusic.com/ http://www.ea.com/ http://info.ea.com/
New Britain and Newington, Connecticut Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access
NEW BRITAIN, Conn., June 30 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Hartford County, Verizon Wireless has activated a new cell site. The new site increases high-speed wireless data coverage and capacity along Newington and New Britain Avenues, East Main Street, and Route 9 in New Britain and Newington, Connecticut, 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 for Verizon Wireless, +1-860-399-0191
Web site: http://www.verizonwireless.com/ http://www.verizonwireless.com/multimedia
US Dataworks, Inc. Announces Fiscal 2008 Financial Results- Company Restructuring Near Completion -- Announces New Version of Clearingworks 3.0 -
HOUSTON, June 30 /PRNewswire-FirstCall/ -- US Dataworks, Inc. , a leading developer of payment processing solutions, today announced financial results for its fiscal 2008 fourth quarter and year-end results ended March 31, 2008.
Revenues for the fourth quarter ended March 31, 2008 were $1,591,209 compared with revenues of $2,312,926 for the same period a year ago. Loss from operations for the fourth quarter was $4,617,982 compared to a loss of $1,159,698 for the fourth quarter ended March 31, 2007. Net loss for the fourth quarter was $4,408,665 or $(0.14) per share, compared to a net loss of $1,308,655 or $(0.04) per share, for the corresponding period in the prior year.
Revenues for the year ended March 31, 2008 were $5,717,593 compared with the revenues of $7,069,575 for the same period a year ago. Loss from operations for the year ended was $12,685,632 which included a non-cash charge for goodwill impairment of $10,112,931, compared to an operating loss of $2,964,826 for the year ended March 31, 2007. Net loss for the year ended was $11,674,891 or $(0.37) per share, compared to a net loss of $3,306,009 or $(0.11) per share, for the corresponding period in the prior year.
"Fiscal 2008 was a challenging year for our Company," said Charles E. Ramey, Chief Executive Officer of US Dataworks. "That being said, we are close to completing a major restructuring, which included a streamlining of the staff. We enter fiscal 2009 a leaner operation with new opportunities, including a new version of our proprietary software: Clearingworks 3.0. We believe the new structure will put us on the pathway toward profitability."
Mr. Ramey concluded, "I continue to believe that the demand for our software will continue to grow steadily with anticipated ramp up in production of our existing and new customers."
A conference call is scheduled for today, at 11:00 AM EDT. Interested parties may participate in the call by dialing (877) 869-3847; international callers dial (201) 689-8261 about 5-10 minutes prior to 11:00 AM EDT. The conference call will also be available on replay starting at 2:00 pm EDT on June 30, 2008, and ending on July 7, 2007. For the replay, please dial (877) 660-6853 (replay account #269, replay conference #289978). The access number for the replay for international callers is (201) 612-7415 (replay account #269, replay conference #289978).
About US Dataworks, Inc.
US Dataworks is a developer of payment processing solutions, focused on the Financial Services market, Federal, State and local governments, billers and retailers. Software developed by US Dataworks is designed to enable organizations to transition from traditional paper-based payment and billing processes to electronic solutions that automate end-to-end processes for accepting and clearing checks.
Except for the historical information contained herein, the matters set forth in this press release, including, but not limited to statements regarding the anticipated benefits of the Company's restructuring, the Company's profitability and the anticipated demand of the Company's products, the market demand for our products are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, the Company's position in the marketplace, our ability to develop and timely introduce products that address market demand, our ability to complete the restructuring, the impact of alternative technological advances and competitive products, market fluctuations and other risks detailed from time to time in the SEC reports of US Dataworks, including its annual report on Form 10-K for the period ended March 31, 2007 and its quarterly report on Form 10-Q for the period ended December 31, 2007. These forward-looking statements speak only as of the date hereof. US Dataworks disclaims any obligation to update these forward-looking statements.
- Tables to Follow -
US DATAWORKS, INC.
INCOME STATEMENT DATA
Three Months Ended Year-Ended
3/31/08 3/31/07 3/31/08 3/31/07
Revenues
Software licensing revenues (7,778) 80,267 282,045 689,425
Software transactional
revenues 623,087 357,029 1,848,130 1,495,617
Software maintenance
revenues 238,340 123,127 896,358 438,803
Software service revenues 866,842 752,503 2,820,332 3,445,730
ATM Equipment Revenues -- 1,000,000 -- 1,000,000
1,720,481 2,312,926 5,846,865 7,069,575
Discount on Sales (129,272) -- (129,272) --
Net Revenue 1,591,209 2,312,926 5,717,593 7,069,575
Cost of sales 495,243 1,299,209 1,964,555 2,859,063
Gross profit 1,095,966 1,013,717 3,753,038 4,210,512
Operating Expenses
General and administrative 1,484,949 2,134,547 6,144,484 7,031,224
Depreciation and
amortization 48,252 38,868 181,255 144,114
Goodwill Impairment 4,180,747 -- 10,112,931 --
Total operating expenses 5,713,948 2,713,415 16,438,670 7,175,338
(Loss) from operations (4,617,982) (1,159,698)(12,685,632)(2,964,826)
Other income (expense)
Financing costs (40,000) (46,200) (152,680) (46,200)
Interest expense (288,151) (6,402 (458,675) (226,820)
Interest expense -
related parties (10,668) (10,938) (47,256) (21,875)
Loss on disposition of
assets -- -- (44,231) --
Litigation settlements -- -- -- 222,600
Other income (expense) 11,585 -- 19,346 10,490
Gain on Derivative
liabilities (536,571) (85,418) 1,694,237 (279,378)
Total other income (expense) 209,317 (148,958) 1,010,741 (341,183)
Loss before provision for
income taxes (4,408,665) (1,308,656)(11,674,891)(3,306,009)
Provision for income taxes -- --
Net (loss) (4,408,665) (1,308,656)(11,674,891)(3,306,009)
Basic and diluted loss
per share $(0.14) $(0.04) $(0.37) $(0.11)
Basic and diluted weighted
- average shares
outstanding 32,062,962 31,444,647 31,744,212 30,717,707
US DATAWORKS, INC.
BALANCE SHEET
March 31, 2008
ASSETS
Current assets:
Cash and cash equivalents $903,393
Accounts receivable, trade 856,261
Prepaid expenses and other current assets 145,915
Total current assets 1,905,569
Property and equipment, net 478,687
Goodwill, net 4,020,698
Other assets 357,124
Total assets $6,762,078
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Notes payable $35,279
Deferred revenue 200,833
Accounts payable 271,677
Accrued expenses 366,538
Interest payable - related parties 18,188
Derivative - Compounded Embedded 353,749
Derivative - Warrants 267,532
Total current liabilities 1,513,796
Long term Note Payable 52,918
Long term Note Payable - Related Party 500,000
Long term convertible promissory note,
net unamortized discount of $1,995,636 2,004,364
Total long term liabilities 2,557,282
Total liabilities $4,071,078
Stockholders' Equity:
Convertible Series B preferred stock, $0.0001
par value; 700,000 shares authorized; 109,933
shares issued and outstanding; $3.75 liquidation
preference, dividends of $293,596 in arrears 55
Common stock, $0.0001 par value; 90,000,000
shares authorized; 32,062,962 shares issued and
outstanding 3,206
Additional paid-in capital 64,778,977
Accumulated deficit (62,091,238)
Total stockholders' equity 2,691,000
Total liabilities and stockholders' equity $6,762,078
CONTACTS:
Charles Ramey, CEO Donald C. Weinberger/Alisa Steinberg (media)
US Dataworks, Inc. Wolfe Axelrod Weinberger Assoc. LLC
(281) 504-8100 Tel. (212) 370-4500 Fax (212) 370-4505
US Dataworks, Inc.
CONTACT: Charles Ramey, CEO of US Dataworks, Inc., +1-281-504-8100; or media, Donald C. Weinberger or Alisa Steinberg, both of Wolfe Axelrod Weinberger Assoc. LLC, +1-212-370-4500, fax, +1-212-370-4505, for US Dataworks, Inc.
Web site: http://www.usdataworks.com/
Eagle Expands Strategic Relationship with Microsoft
BOSTON, June 30 /PRNewswire/ -- Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of The Bank of New York Mellon, today announced that it has expanded its relationship with Microsoft to take full advantage of Microsoft Windows(R) Presentation Foundation (WPF), a framework and tool set for developing smart client applications that are deployable via the Internet. With WPF, developers can create custom controls, graphics, 3D images and animations that are not available in traditional HTML code.
Eagle is leveraging WPF to develop its investment management solutions for data management, accounting and performance measurement, which are used by the asset management industry's leading firms. Eagle has incorporated WPF into its overall architecture to differentiate the user experience and take advantage of its features to deliver a richer presentation of the applications, improve its developer productivity, and build more dynamic applications in a faster timeframe.
"Through our expanded relationship, WPF enables Eagle to provide a more dynamic and interesting user experience through its delivery of enhanced presentation code," said Marc Firenze, Eagle's chief development officer. "It also provides a straightforward programming model and familiar design tools for our developers, making it easy to adopt internally and develop solutions faster."
"Financial software vendors are the latest industry group to take advantage of the rich programming and presentation features and tools to build out their applications," said Greg Urquhart, General Manager of Microsoft's ISV & National SI Organization. "Microsoft is excited to see Eagle take the presentation of their applications to the next level as they meet the needs of our joint customers."
About Eagle Investment Systems
Eagle Investment Systems LLC is a global provider of financial services technology, serving the world's leading financial institutions. Eagle's Web- based systems support the complex requirements of firms of any size including institutional investment managers, mutual funds, hedge funds, brokers, public funds, plan sponsors, and insurance companies. Eagle is committed to providing enterprise-wide, leading-edge technology and professional services for investment accounting, data management, performance measurement, and information delivery. Eagle's product suite is offered as an installed application or can be hosted via Eagle ACCESS, Eagle's application service provider. To learn more about Eagle's solutions, contact sales@eagleinvsys.com or visit http://www.eagleinvsys.com/.
About BNY Mellon Asset Servicing
BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York, Mellon Bank, N.A. and other related companies.
About The Bank of New York Mellon Corporation
The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $12 trillion in outstanding debt. Additional information is available at bnymellon.com.
Eagle Investment Systems LLC
CONTACT: Laura Norwood, Eagle Investment Systems LLC, +1-617-219-0138, lnorwood@eagleinvsys.com
Web site: http://www.eagleinvsys.com/ http://www.bnymellon.com/
Cyberlux Corporation Announces Completion of CEO TransitionCEO Donald F. Evans to Retire; Mark D. Schmidt, current President & COO, to Assume Role of CEO
RESEARCH TRIANGLE PARK, N.C., June 30 /PRNewswire-FirstCall/ -- Cyberlux Corporation, (BULLETIN BOARD: CYBL) , a leading provider of LED lighting solutions, announced today that the Company's Board of Directors has unanimously approved Mark D. Schmidt, President and Chief Operating Officer, to succeed Donald F. Evans as Chief Executive Officer, effective July 1, 2008. The appointment of Mr. Schmidt concludes a two-year internal transition plan during which time Mr. Schmidt managed the Company's operations. Mr. Evans, who founded the Company in 1999 and has led the Company as Chairman and Chief Executive Officer since 2000, is beginning a planned phased retirement at age 73. In conjunction with his retirement plan, Mr. Evans' estate advisors have proposed to privately place or otherwise liquidate up to 25% of his Cyberlux equity holdings over the next three years.
"Mark is a leader with great talents in the areas of marketing, operations and product innovation," commented Mr. Evans. "He has two decades of experience in building products and brands as well as scaling business operations. Since joining Cyberlux, he has transformed the Company from an early-stage technology company into a leading provider of advanced LED lighting solutions. As a large shareholder myself, I am excited that the Company is in such capable hands. It has been an intense and exhilarating eight years helping to build this great Company, and now my desire is to focus on emerging business opportunities in the renewable energy field."
"I am honored to have the opportunity to work as CEO along side our existing executive staff and dedicated employees -- such talent will allow me to fully focus on the continued growth and success of the Company," said Mark D. Schmidt. "Mr. Evans had the vision to create Cyberlux Corporation, one of the first LED lighting companies, and his efforts have established the successful foundations of the Company, which includes a very talented management team that I am excited to lead during our next phase of growth," added Schmidt. "Having the opportunity to work side-by-side with Don over the last several years has allowed me to utilize his talents in the areas of strategy and business development, as well as enabling a seamless management transition. During this time, we have re-focused our products and technology development on large markets with significant opportunity, such as the U.S. Military, SBInet deployment and core technology licensing."
In a related matter, the Cyberlux Board of Directors also unanimously appointed John W. Ringo, Cyberlux Corporate Counsel and Company Director, as the new Chairman of the Board of Directors.
About Cyberlux Corporation
Cyberlux Corporation (BULLETIN BOARD: CYBL) , a leader in solid-state lighting innovation, has developed breakthrough LED lighting technology that provides the most energy efficient and cost effective portable lighting solutions available today for military and commercial uses. The Military and Homeland Security products provide tactical covert and visible lighting capability and are designed as highly mobile, battery-powered lighting systems ideal for threat detection, force and asset protection and general expeditionary lighting needs. For more information, please visit http://www.cyberlux.com/ .
Investor Contact:
Richard Brown, rbrown@cyberlux.com / 617-314-7379
This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors, including, but not limited to, the Company's ability to expand its production capabilities concurrent with product orders. The Company's business is subject to significant risks and uncertainties discussed more thoroughly in Cyberlux Corporation's SEC filings, including but not limited to, its report on Form 10-K for the year ended December 31, 2007 and its 10-Q for the quarter ended March 31, 2008. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Cyberlux Corporation
Contact: Investor, Richard Brown, of Cyberlux Corporation, +1-617-314-7379, rbrown@cyberlux.com
Web site: http://www.cyberlux.com/
Northern Trust Named to Computerworld's Annual List of Best Places to Work in Information Technology
CHICAGO, June 30 /PRNewswire-FirstCall/ -- Northern Trust announced today that IDG's Computerworld, the "Voice of IT Management," has selected it as one of the top workplaces for information technology (IT) professionals. This honor is part of the weekly IT publication's 15th annual Best Places to Work in IT survey, which was published in the June 30 issue of Computerworld and online at Computerworld.com.
Since 1994, Computerworld's annual "Best Places to Work in IT" feature has ranked the top 100 work environments for technology professionals, based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention. In addition, this year Computerworld surveyed more than 31,000 IT workers for the list, and their responses factored heavily in determining the rankings.
"Northern Trust's continued appearance on this list is a testament to our focus on recruiting and retaining top IT talent within the financial services industry on an increasingly global level," said Nirup Krishnamurthy, Chief Technology Officer of Northern Trust. "As the survey's highest ranking global custodian, Northern Trust acknowledges the pivotal role played by its IT employees in achieving exceptional service and a high level of client satisfaction."
"Being among the Best Places to Work in IT means crafting a blend of employee advantages that includes the potential for flexible hours, competitive pay, excellent benefits, a supportive leadership environment, opportunities for ongoing training and advancement, and ultimately, the feeling that you'd like to stay with the company a long, long time," said Scot Finnie, editor in chief of Computerworld.
The complete listing of Best Places to Work can be accessed at: http://www.computerworld.com/spring/bp/2008/1.
About Northern Trust
Northern Trust Corporation is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Northern Trust, a multibank holding company based in Chicago, has a growing network of 85 offices in 18 U.S. states and has international offices in 15 locations in North America, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2008, Northern Trust had assets under custody of US$4.0 trillion, and assets under investment management of US$778.6 billion. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com/.
Northern Trust Corporation
CONTACT: John O'Connell, Vice President, +1-312-444-2388, or Alexis Geocaris, Officer, +1-312-444-3094, both of Northern Trust Corporation
Web site: http://www.northerntrust.com/
Digimarc Board Approves $310 Million All-Cash Offer from L-1 Identity Solutions for Digimarc's ID Systems BusinessDigimarc Unanimously Approves Offer from L-1 and Terminates Discussions with Safran
STAMFORD, Conn., June 30 /PRNewswire-FirstCall/ -- L-1 Identity Solutions ("L-1") , a leading provider of identity solutions and services, today announced that L-1 has signed an amended definitive merger agreement with Digimarc Corporation ("Digimarc") . The proposed transaction values the ID Systems Business of Digimarc at $310 million and offers Digimarc's stockholders increased consideration and certainty of value within a short time frame through the commencement of a tender offer by July 2, 2008. L-1 will finance the transaction through proceeds of a committed credit facility and private equity investments, including an investment by Robert V. LaPenta, Chairman, President and Chief Executive Officer of L-1 Identity Solutions.
The Digimarc Board of Directors unanimously supports the new offer from L-1 and is recommending that its stockholders tender into the offer. The Company has terminated discussions with Safran regarding their non-binding expression of interest in acquiring the ID Systems Business.
As previously announced on June 23, 2008, the Federal Trade Commission has granted early termination of the Hart-Scott-Rodino ("HSR") antitrust review process. Early termination of the HSR review removed a key closing condition to the proposed acquisition. Consummation of the transaction now requires only the completion of the tender offer, the spin-off of the digital watermarking business along with the company's cash, and other customary closing conditions.
"We believe that our all-cash offer is superior to the conditional, non- binding proposal from Safran SA and is a strong reflection of the intrinsic value of the business, its growth opportunities, and the synergies unique to the combination with L-1. The addition of Digimarc's ID Systems to L-1 would create an industry leader in secure credentials, biometric and authentication technologies and services," said Robert V. LaPenta, Chairman and CEO of L-1. "We believe that our offer is in the best interests of customers, U.S. citizens, and Digimarc employees and stockholders by offering them significant value and an expeditious closing of the transaction. As a Paris-based company with significant ownership by the French government, Safran's proposal would be subject to approval from the Committee on Foreign Investment in the United States ("CFIUS"). This process can be lengthy and approval cannot be assured."
Following the closing of the transaction, on a pro-forma calendar 2008 basis, L-1 expects to have revenue of approximately $670 million, Adjusted EBITDA of $110 million including operational efficiencies, unlevered free cash flow of $75 million and a backlog of approximately $1 billion. L-1 expects to recognize synergies and additional operating efficiencies once the businesses are combined. The transaction is expected to close in the third quarter of 2008 and be accretive to L-1 earnings.
"I believe the transaction with L-1 is the right choice for Digimarc's ID Systems Business, our stockholders, employees and customers. The combination of L-1's leading biometric recognition and authentication capabilities with our centralized credential production process will enable us to better serve our national and international customers with a superior products and services," said Bruce Davis, CEO and Chairman of the Board of Digimarc. "Furthermore, our combined presence and knowledge of international markets will enhance our customer reach through an expanded portfolio of innovative credentialing solutions, including national ID cards."
L-1 believes that the combination of L-1 and Digimarc's Secure ID business will bring significant synergies and benefits to the identity management industry. The company's customers will have a choice of secure credentialing production systems, including central issuance, over-the-counter, and hybrid approaches that utilizes both methods. The combined security feature portfolios of the companies will deliver best-in-class protection to produce the most secure credentials possible. The industry knowledge of the combined teams will foster development of superior next-generation security functionality for future applications. The increase in industry knowledge and cross-border relationships will help secure identities across the globe in emerging markets such as Russia and Asia-Pacific, as well as with Canadian and Mexican biometric credentialing programs. Leveraged synergies between the businesses will reduce the cost structures of both organizations to drive greater operational efficiency and shareholder value. These benefits also will be passed directly to the customer for improved customer service from the combined call center and field service teams, bolstered competency of the entire organization from acquired back office systems and processes, and valuable savings with more competitive pricing from economies of scale.
Under the terms of the amended merger agreement, the tender offer is expected to commence on July 2, 2008, but no later than July 7, 2008 and remain open for 20 business days. The spin-off of the digital watermarking business will occur prior to the expiration date of the tender offer.
About L-1 Identity Solutions
L-1 Identity Solutions, Inc. , together with its portfolio of companies, offers a comprehensive set of products and solutions for protecting and securing personal identities and assets. Leveraging the industry's most advanced multi-modal biometric platform for finger, face and iris recognition, our solutions provide a circle of trust around all aspects of an identity and the credentials assigned to it -- including proofing, enrollment, issuance and usage. With the trust and confidence in individual identities provided by L-1 Identity Solutions, government entities, law enforcement and border management agencies, and commercial enterprises can better guard the public against global terrorism, crime and identity theft fostered by fraudulent identity. L-1 Identity Solutions is headquartered in Stamford, CT. For more information, visit http://www.l1id.com/
Adjusted EBITDA
L-1 uses Adjusted EBITDA as a non-GAAP financial performance measurement. Adjusted EBITDA is calculated by adding back to net income (loss) interest, income taxes, depreciation, amortization, impairments of long term assets and stock-based compensation expense. Adjusted EBITDA is provided to investors to supplement the results of operations reported in accordance with GAAP. Management believes Adjusted EBITDA is useful to help investors analyze the operating trends of the business before and after the adoption of SFAS 123(R) and to assess the relative underlying performance of businesses with different capital and tax structures. Management believes that Adjusted EBITDA provides an additional tool for investors to use in comparing L-1's financial results with other companies in the industry, many of which also use Adjusted EBITDA in their communications to investors. By excluding non-cash charges such as amortization, depreciation and stock-based compensation, impairments of long term assets as well as non-operating charges for interest and income taxes, investors can evaluate the company's operations and can compare its results on a more consistent basis to the results of other companies in the industry. Management also uses Adjusted EBITDA to evaluate potential acquisitions, establish internal budgets and goals, and evaluate performance of its business units and management.
L-1 considers Adjusted EBITDA to be an important indicator of the company's operational strength and performance of its business and a useful measure of the company's historical and prospective operating trends. However, there are significant limitations to the use of Adjusted EBITDA since it excludes interest income and expense and income taxes, all of which impact the company's profitability, as well as depreciation and amortization and impairments related to the use of long term assets which benefit multiple periods. L-1 believes that these limitations are compensated by clearly identifying the difference between the two measures. Consequently, Adjusted EBITDA should not be considered in isolation or as a substitute for net income (loss) presented in accordance with GAAP. Adjusted EBITDA as defined by the Company may not be comparable with similarly named measures provided by other entities.
Unlevered Free Cash Flow
Unlevered Free Cash Flow represents cash flow from operating activities, plus cash interest expense and cash income taxes, less interest income, and capital expenditures. L-1 believes unlevered free cash flow is a useful measure for assessing the company's liquidity, meeting its debt service requirements and making acquisitions. Unlevered free cash flow is not necessarily comparable to similar measures used by other entities and is not a substitute for GAAP measures of liquidity such as cash flows from operating activities.
ID-L
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release and those made from time to time by L-1 through its senior management are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect the company's current expectations based on management's beliefs and assumptions and information currently available and actual results could differ materially from these expectations. Certain factors that could cause or contribute to such differences include, among other things, the consideration by Digimarc of the competing proposal as described in this press release, the ability of L-1 and Digimarc to complete the spin-off of the digital watermarking business and to satisfy other conditions in order to successfully close the acquisition on a timely basis, the availability of financing necessary to complete the acquisition, availability of government funding for the Company's products and solutions, general economic and political conditions and the unpredictable nature of working with government agencies. Additional risks and uncertainties are described in the Securities and Exchange Commission ("SEC") filings of L-1, including the company's Form 10-K for the year ended December 31, 2007. L-1 expressly disclaims any intention or obligation to update any forward-looking statements.
Additional Information
The tender offer to which this press release pertains has not commenced. The information contained herein is neither an offer to purchase nor a solicitation of an offer to sell shares of Digimarc. At the time the tender offer is commenced, Dolomite Acquisition Co. and L-1 intend to file a Tender Offer Statement on schedule TO containing an offer to purchase, forms of letters of transmittal and other documents relating to the tender offer and Digimarc intends to file a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the tender offer. L-1 and Digimarc intend to mail these documents to the stockholders of Digimarc. These documents will contain important information about the tender offer and stockholders of Digimarc are urged to read them carefully when they become available. Stockholders of Digimarc will be able to obtain a free copy of these documents (when they become available) at http://www.l1id.com/ and http://www.digimarc.com/ and the website maintained by the SEC at http://www.sec.gov/.
CONTACT:
Doni Fordyce
L-1 Identity Solutions
203-504-1109
dfordyce@L1ID.com
Steve Lipin
Brunswick Group
212-333-3810
L-1 Identity Solutions
CONTACT: Doni Fordyce, L-1 Identity Solutions, +1-203-504-1109, dfordyce@L1ID.com; Steve Lipin, Brunswick Group, +1-212-333-3810
Web site: http://www.l1id.com/ http://www.digimarc.com/
Eagle Expands Strategic Relationship with Microsoft
BOSTON, June 30 /PRNewswire/ --
Eagle Investment Systems LLC, a leading provider of financial services
technology and a subsidiary of The Bank of New York Mellon, today announced
that it has expanded its relationship with Microsoft to take full advantage
of Microsoft Windows(R) Presentation Foundation (WPF), a framework and tool
set for developing smart client applications that are deployable via the
Internet. With WPF, developers can create custom controls, graphics, 3D
images and animations that are not available in traditional HTML code.
Eagle is leveraging WPF to develop its investment management solutions
for data management, accounting and performance measurement, which are used
by the asset management industry's leading firms. Eagle has incorporated WPF
into its overall architecture to differentiate the user experience and take
advantage of its features to deliver a richer presentation of the
applications, improve its developer productivity, and build more dynamic
applications in a faster timeframe.
"Through our expanded relationship, WPF enables Eagle to provide a more
dynamic and interesting user experience through its delivery of enhanced
presentation code," said Marc Firenze, Eagle's chief development officer. "It
also provides a straightforward programming model and familiar design tools
for our developers, making it easy to adopt internally and develop solutions
faster."
"Financial software vendors are the latest industry group to take
advantage of the rich programming and presentation features and tools to
build out their applications," said Greg Urquhart, General Manager of
Microsoft's ISV & National SI Organization. "Microsoft is excited to see
Eagle take the presentation of their applications to the next level as they
meet the needs of our joint customers."
About Eagle Investment Systems
Eagle Investment Systems LLC is a global provider of financial services
technology, serving the world's leading financial institutions. Eagle's
Web-based systems support the complex requirements of firms of any size
including institutional investment managers, mutual funds, hedge funds,
brokers, public funds, plan sponsors, and insurance companies. Eagle is
committed to providing enterprise-wide, leading-edge technology and
professional services for investment accounting, data management, performance
measurement, and information delivery. Eagle's product suite is offered as an
installed application or can be hosted via Eagle ACCESS, Eagle's application
service provider. To learn more about Eagle's solutions, contact
sales@eagleinvsys.com or visit www.eagleinvsys.com.
About BNY Mellon Asset Servicing
BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of
specialized asset servicing capabilities, including custody and fund
services, securities lending, performance and analytics, and execution
services. BNY Mellon Asset Servicing provides services through The Bank of
New York, Mellon Bank, N.A. and other related companies.
About The Bank of New York Mellon Corporation
The Bank of New York Mellon Corporation (NYSE: BK) is a global financial
services company focused on helping clients manage and service their
financial assets, operating in 34 countries and serving more than 100
markets. The company is a leading provider of financial services for
institutions, corporations and high-net-worth individuals, providing superior
asset management and wealth management, asset servicing, issuer services,
clearing services and treasury services through a worldwide client-focused
team. It has more than US$23 trillion in assets under custody and
administration, more than US$1.1 trillion in assets under management and
services US$12 trillion in outstanding debt. Additional information is
available at bnymellon.com.
Web site: http://www.eagleinvsys.com
http://www.bnymellon.com
Eagle Investment Systems LLC
Laura Norwood, Eagle Investment Systems LLC, +1-617-219-0138, lnorwood@eagleinvsys.com
Government executives encourage agencies to document enterprise-wide IT strategies in advance of new 2009 administrationStock Market Symbols GIB.A (TSX) GIB (NYSE)CGI-GMU Initiative for Collaborative Government Event Highlights Key Factors for Maximizing Mission Value from Enterprise-wide IT
FAIRFAX, VA, June 30 /PRNewswire-FirstCall/ -- In a recent meeting sponsored by the CGI-GMU Initiative for Collaborative Government, a joint public policy initiative by CGI (TSX: GIB.A; NYSE: GIB) and George Mason University, senior executives from across the federal government and industry leaders outlined the success factors for the consolidation of IT services and encouraged other federal leaders to act now to document their enterprise-wide IT management strategy in advance of the next Administration.
To kick-off the meeting, featured guest speaker John Kost, Group Vice-President, Gartner CIO Research Worldwide, presented a "Checklist for Success" for IT consolidation that emphasized the importance of active governance and leadership engagement, as well as the need to define a clear motive, scope and end vision for enterprise-wide IT initiatives. Following Mr. Kost, Molly O'Neil, Chief Information Officer, U.S. Environmental Protection Agency (EPA) and Henry Chao, Chief Technical Officer, Centers for Medicare & Medicaid Services, shared approaches that their agencies have taken to successfully optimize agency-wide use of IT in support of mission activities.
Government executives at the CGI-GMU seminar stressed the importance of documenting agencies' enterprise-wide IT strategies in advance of January 2009. They recommended focusing IT strategies on defining the mission results to be achieved, with IT investments described in the context of how they support the mission outcome. The federal executives also highlighted the need to educate leaders throughout the agency on the benefits of managing IT across the agency, and how business decisions can affect the IT infrastructure.
"Every consolidation decision impacts the technology infrastructure, and without education of senior management, you won't get to where you need to be when you try to consolidate the agency's IT infrastructure," said EPA's O'Neil. "You need to have direct, honest explanations to promote understanding and trust." Chao added that it is important to determine the exact processes that are being consolidated and determine the end result desired before starting to reduce the IT infrastructure.
About the CGI-GMU Initiative for Collaborative Government
Created in January of 2008 by CGI Federal and George Mason University, the mission of the CGI-GMU Initiative for Collaborative Government is to analyze models of collaboration between government and the private and non-profit sectors, and how the government can best leverage these models to maximize mission results. For more information about the Initiative for Collaborative Government, please visit the Initiative at http://www.collaborativegov.org/.
About CGI Federal
CGI Federal (http://www.cgi.com/\usfederal) is a wholly-owned U.S. operating subsidiary of CGI Group Inc., dedicated to providing effective IT solutions for federal government agencies by combining over 30 years of government experience and technology skills. Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 27,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $3.8 billion and at March 31st, 2008, CGI's order backlog was $12.04 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: http://www.cgi.com/.
CGI GROUP INC.
CONTACT: Peter Cutler, Director, Communications, (703) 227-6933, peter.cutler@cgifederal.com
Majesco Entertainment Announces Details of 'Cooking Mama World Kitchen' for Wii(TM)Comedic Kitchen Mini-Games, Move to 3D Graphics and New Recipes Highlight Feature Additions
EDISON, N.J., June 30 /PRNewswire-FirstCall/ -- Preheat the oven, grease the baking pan and get out the spatula as Majesco Entertainment Company , an innovative provider of video games for the mass market, today announced additional details of Cooking Mama World Kitchen for Wii(TM). Developed by Cooking Mama Limited, the latest installment in the celebrated franchise includes an all new 3D graphic presentation along with new recipes, modes and comedic mini-game surprises.
"The Cooking Mama franchise continues to be a best seller at more than two million units sold to date," said Jesse Sutton, Chief Executive Officer, Majesco. "An original idea, inherently fun execution and Mama's appeal have clearly resonated with both Wii and Nintendo DS(TM) audiences. Mama's newest iteration, Cooking Mama World Kitchen, builds on this success with a host of feature enhancements that improve the cooking experience and deliver more of the unique personality that has made Mama such an endearing video game character."
In Cooking Mama World Kitchen, Mama and friends have a whole new look given the game's upgrade to full 3D graphics. By utilizing the Wii Remote(TM) as a universal kitchen utensil, players can simulate actual cooking by chopping, grating, slicing, stirring and rolling their way through all new recipes that range from parfait to shrimp au gratin. Best of all, kitchen mistakes during meal preparation result in comedic mini-game surprises; for example, if you flip a burger too high, you can control Mama as she rushes in to save the day by catching it in her apron. Finally, a new game play mechanic integrates traditional Wii Remote utensil play with additional rhythm and motion that makes cooking easier and more enjoyable.
Cooking Mama World Kitchen for Wii is expected to release this holiday. For additional information about Majesco's exciting line of products, please visit http://www.majescoentertainment.com/.
About Majesco Entertainment Company
Majesco Entertainment Company is a provider of video games for the mass market. Building on 20 years of operating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on leading console and portable systems. Product highlights include Nancy Drew(TM), Cooking Mama(TM) and Cake Mania(R)2 for Nintendo DS(TM) and Cooking Mama: Cook Off for the Wii(TM) system. The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ and has an international office in Bristol, UK. More information about Majesco can be found online at http://www.majescoentertainment.com/.
Safe Harbor
Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by reference to a future period(s) or by the use of forward- looking terminology, such as "may," "will," "intend," "should," "expect," "anticipate," "estimate" or "continue" or the negatives thereof or other comparable terminology. The Company's actual results could differ materially from those anticipated in such forward-looking statements due to a variety of factors. These factors include but are not limited to, the demand for our products; our ability to complete and release our products in a timely fashion; competitive factors in the businesses in which we compete; continued consumer acceptance of our products and the gaming platforms on which our products operate; fulfillment of orders preliminarily made by customers; adverse changes in the securities markets and the availability of and costs associated with sources of liquidity. The Company does not undertake, and specifically disclaims any obligation, to release publicly the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.
Majesco Entertainment Company
CONTACT: Audra McIver of Bender-Helper Impact, +1-212-689-6360, audra_mciver@bhimpact.com, for Majesco
Web site: http://www.majescoentertainment.com/
General Dynamics Awarded $16 Million U.S. Army Delivery Order to Expand Fort Meade's Information Technology Infrastructure
FAIRFAX, Va., June 30 /PRNewswire-FirstCall/ -- General Dynamics Information Technology, a business unit of General Dynamics , has been awarded a delivery order by the U.S. Army to expand information technology (IT) infrastructure and network capabilities at Fort Meade to support the Maryland base's growth. The delivery order has a total potential value of $16.5 million over two years if all options are exercised.
The General Dynamics delivery order at Fort Meade is part of the U.S. Army Program Executive Office, Enterprise Information Systems' Infrastructure Modernization (IMOD) program to expand bandwidth and network capabilities to address evolving U.S. Army communications requirements. Under the IMOD contract, General Dynamics will deploy a high-speed broadband network backbone to support enhanced base operations.
The relocation of the Defense Information Systems Agency (DISA) to Fort Meade is part of Base Realignment and Closing (BRAC) initiatives. When the DISA headquarters relocation is complete in 2011, the U.S. Army estimates that the Fort Meade base population will increase by approximately 4,300 people.
"The U.S. Army is refocusing select resources to address today's requirement for a strong and agile military," said Zannie Smith, senior vice president and general manager of Army Solutions for General Dynamics Information Technology. "General Dynamics Information Technology is drawing from its proven military enterprise networking experience to provide a highly scalable and reliable technology infrastructure for ongoing Fort Meade activities and new DISA operations."
As a trusted systems integrator for more than 50 years, General Dynamics Information Technology provides information technology (IT), systems engineering and professional services to customers in the defense, intelligence, homeland security, federal civilian government and commercial sectors. With 15,000 professionals worldwide, the company manages large-scale, mission-critical IT programs delivering IT services and enterprise solutions. More information about General Dynamics Information Technology is available at http://www.gdit.com/.
General Dynamics, headquartered in Falls Church, Va., employs approximately 84,000 people worldwide and reported 2007 revenues of $27.2 billion. The company has leading market positions in mission critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation. More information about the company is available on the Internet at http://www.generaldynamics.com/.
General Dynamics Information Technology
CONTACT: Mark Meudt of General Dynamics Information Technology, +1-703-246-0525, or fax, +1-703-246-0206, Mark.Meudt@gdit.com
Web site: http://www.generaldynamics.com/ http://www.gdit.com/
Corporate Express Invites Businesses to Enter Ecoffice(R) Makeover ContestWinning Company to Receive a $5K Green Office Product Shopping Spree at EcofficeSource.com
BROOMFIELD, Colo., June 30 /PRNewswire/ -- Corporate Express US Inc. today announced the launch of its Ecoffice(R) Makeover Contest, open to all U.S. businesses. The winner will receive a $5,000 shopping spree on the company's online Ecoffice Source catalog, which features more than 2,300 environmentally preferable office supplies, janitorial facility products and business furniture.
Corporate Express US Inc., part of the Dutch-based Corporate Express NV , is a leading business-to-business supplier in the U.S. of office and computer supplies, office furniture, facility supplies, document and print management, imaging and computer graphic supplies, promotional products and other similar items.
"Here at Corporate Express, we see sustainability as a partnership with our customers, and we take many steps with them to help reduce environmental impact, such as offering free toner and inkjet recycling, annual catalog recycling and eco-preferable shopping online," said Jay Mutschler, president of Corporate Express US. "Now, we're launching this contest to invite businesses across the U.S. to tell their sustainability story as a fun and creative way to encourage sustainability in the workplace."
Contest details
Entrants must submit an electronic presentation in Microsoft PowerPoint or Apple Keynote presentation format. The presentation can be up to twenty slides in length and must present in an interactive and creative fashion, why their organization deserves an Ecoffice Makeover -- regardless of whether they have just started on a sustainability journey or they have taken great strides to pave the way toward a more eco-conscious workplace.
"Purchasing eco-preferable products is just one of the many steps that businesses can take toward greater workplace sustainability," said Walter Scott, vice president of marketing and e-commerce, Corporate Express US. "Through this contest, we want to help raise awareness with businesses about the breadth of eco-conscious products that are available for the office."
The winning company's $5,000 shopping spree on Corporate Express' Ecoffice Source catalog, http://www.ecofficesource.com/, will allow it to select the eco-preferable items it needs for the workplace, such as:
-- Corporate Express brand Earthsaver(R) post-consumer recycled content
papers
-- Forest Stewardship Council (FSC)-certified Domtar EarthChoice(R) paper
-- Compostable break room supplies
-- Corporate Express brand Sustainable Earth(R) cleaners
-- Furniture with eco-preferable attributes
-- Eco-conscious facility supplies
-- Many more office products
The contest begins Monday, June 30, 2008 and closes at 11:59 PM mountain time, on Sunday, August 31, 2008. Entrants must go to http://www.corporateexpress.com/greencontest to download and fill out the Ecoffice Makeover Official Entry Form and read and accept the official terms and conditions for the contest.
Entrants must email completed Entry Forms and presentations to EcofficeMakeover@groundfloormedia.com. The winner will be announced in September 2008.
Corporate Express is committed to reducing its environmental impact through goals for facilities and distribution operations, sustainable forestry, environmentally friendly products and social responsibility. The company's U.S. Sustainability Policy can be found online at http://www.corporateexpress.com/sustainability.html.
About Corporate Express
Corporate Express provides customers with a single source of business products and services, so that they can focus their resources, energy and time on their core business. Corporate Express helps organizations to save time and maximize their productivity.
Headquartered in the Netherlands, Corporate Express NV generated 2007 sales of EUR 5.6 billion. The company has a widespread global distribution network spanning North America, Europe, Asia and Australia, has close to 18,000 employees and has operations in 21 countries. Corporate Express is listed on Euronext Amsterdam (Euronext: CXP) and in New York . For more information, please visit http://www.corporateexpress.com/.
Safe Harbor Statement
Statements included in this press release, which are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Such forward-looking statements are made based upon management's expectations and beliefs concerning future events impacting Corporate Express and therefore involve a number of uncertainties and risks, including, but not limited to industry conditions, changes in product supply, pricing and customer demand, competition, risks in integrating new businesses, currency fluctuations, and the other risks described from time to time in the Company's filings with the US Securities and Exchange Commission, including the Company's Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 14, 2008. As a result, the actual results of operations or financial conditions of the Company could differ materially from those expressed or implied in such forward-looking statements. Shareholders and other readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update publicly or revise any forward- looking statements.
Corporate Express US Inc.
CONTACT: Van Hindes, Vice President, Communications of Corporate Express US Inc., +1-303-664-3989
Web site: http://www.corporateexpress.com/ http://www.ecofficesource.com/
Consumers Name Crime, While First Responders Rank Natural Disasters as Top Safety MatterAs 2008 hurricane season begins, new survey results compare consumers' and first responders' safety priorities; both say future technology is critical
SCHAUMBURG, Ill., June 30 /PRNewswire-FirstCall/ -- Motorola, Inc. today released survey findings (http://www.motorola.com/business/v/index.jsp?vgnextoid=6ab65930db29a110VgnVCM 1000008406b00aRCRD) that reveal consumers rank crime as their top safety concern. Results of an APCO-Motorola survey (http://www.motorola.com/business/v/index.jsp?vgnextoid=244d4facb24c9110VgnVCM 1000008406b00aRCRD&vgnextchannel=216b4facb24c9110VgnVCM1000008406b00aRCRD&appI nstanceName=default) conducted earlier this year found that first responders named natural disasters as their highest priority. Regardless of the emergency, both groups agree that investments in technology are vital to protect officers and the public they serve.
Marking the beginning of the 2008 hurricane season and National Safety Month, Motorola's new consumer survey (https://www.motorola.com/governmentandenterprise/NorthAmerica/en- US/Public/Functions/microsite/micrositepromo.aspx?site=en_US/microsites/Future techConsumerForm&cwrap=N&WT.mc_id=FromSurveyLinkonPage), which polled approximately 1,000 consumers nationwide, uncovered the public's top safety priorities for their local communities. In the earlier first responder survey, Motorola teamed with the Association of Public-Safety Communications Officials (APCO) to poll 200 local firefighters, police officers, EMTs and county officials to determine their needs and concerns.
Overall, an analysis of the two surveys revealed that consumers and first responders have different concerns. For example, consumers selected crime and drugs (59 percent) which are immediate in nature and perhaps more frequent as opposed to less frequent events like natural disasters (19 percent). Conversely, first responders picked natural disasters like hurricanes, fires and floods (65 percent) as their top threat.
"During Hurricane Katrina, our communications systems became submerged in water and we were left unable to communicate with other counties to coordinate vital rescue and safety efforts," said Ronnie Cuevas, undersheriff, Hancock County, MS Sheriff's Department. "When a disaster strikes, communication is critical. Today, we've taken measures to ensure we have the technology we need, like a Project 25 digital communications system, so all of our agencies can talk to each other and we can also communicate with other counties to effectively coordinate evacuation, rescue and safety efforts."
Both consumers and first responders felt technology was essential to protect the public during everyday emergencies and natural disasters. In fact 92 percent of consumers believed that investments in new technology were important, with 69 percent ranking it as extremely or very important.
"We are committed to investing in new technologies that are innovative, intuitive and interoperable so that first responders are armed with the tools they need to save lives," said Bob Schassler, corporate vice president, Motorola Radio Products and Solutions Group, Government and Commercial Markets - Americas. "From withstanding harsh weather, fires and floods to improving response times to crimes, we work closely with first responders to develop new solutions."
Yet, only one in five consumers felt that their communities were well funded to purchase these advanced technologies. Similarly, in the Motorola/APCO survey, first responders pinpointed new technology as essential to help them do their jobs.
"Improving communications and providing critical information to emergency responders helps save lives regardless of the emergency," said Richard Mirgon, First Vice President of APCO.
"Plano has made a significant commitment to utilizing technology that helps our first responders better protect our community," said David Stephens, director, Technology Services, City of Plano, TX. "Through the use of our citywide mesh network, our public safety personnel are able to communicate and coordinate incident management better. By extending many IP-based applications into the field, they are able to make better, informed decisions by having more diverse information available at the scene."
The survey also found that consumer confidence in first responders' ability to coordinate and get help from colleagues ranked high. Nearly all consumers (85 percent) surveyed felt their communities were equipped to obtain/coordinate help from other first responders such as Federal agencies, state officials or other counties. In addition, consumers believed their community was prepared to efficiently warn residents to evacuate in the event of a natural disaster with 43 percent ranking their communities as extremely or very prepared to do so.
"Neighboring York and James City counties both had significant gaps in their communications capabilities and decided to build a state-of-the art regional communication system to better coordinate both day-to-day operability as well as interoperability with surrounding governments," said Terry Hall, emergency communications, York County, VA. "In just two years, the interoperable digital technology has been tested and proven time and again. When a fast-moving storm knocked out James City County's 9-1-1 communication center, calls were immediately re-routed to York County and during Queen Elizabeth's 2007 visit, county interoperability helped with federal, state and local governments to secure the area."
Not surprisingly consumers' opinions varied regionally as well. In the Northeast, more people (15 percent) worried about terrorist attacks versus those living in the Midwest, South and West regions combined (7 percent). Consumers in the South and West (22 percent) were more concerned with natural disasters like fires or hurricanes. In addition, southerners are more confident in their communities' ability to warn residents in the event of an evacuation and are more likely to feel that their public safety officials will be able to connect them to loved ones in an emergency situation. This may be a result of evacuation signs, shelters and other procedures that coastal states have employed to help facilitate evacuation.
Access a full report of the survey (https://www.motorola.com/governmentandenterprise/NorthAmerica/en- US/Public/Functions/microsite/micrositepromo.aspx?site=en_US/microsites/Future techConsumerForm&cwrap=N&WT.mc_id=FromSurveyLinkonPage).
About the Consumer Survey
Between April 18, 2008 and April 21, 2008, Opinion Research Corporation (hired by Motorola) conducted interviews of 1,009 consumers 18 years of age or older in the continental United States. The sample was comprised of 504 men and 505 women. The sampling error is plus/minus two to three percentage points at a 95 percent confidence level.
About the First Responder Survey
Between November 2 and December 4, 2007, the professional interviewing service, Western Wats, conducted a quantitative survey with 200 public safety officials, sampled from the top 100 MSAs. The sample includes both those responsible for overseeing first responders, and those responsible for managing purchases of technology used by first responders. The survey was conducted through telephone interviews, averaging 20 minutes in length. The sampling error for the survey results reported is plus or minus seven percentage points at the 95 percent confidence level.
About Motorola
Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.
About APCO
The Association of Public-Safety Communications Officials (APCO) International is the world's oldest and largest professional organization dedicated to the enhancement of public safety communications. APCO International serves the professional needs of its 15,000 members worldwide by creating a platform for setting professional standards, addressing professional issues and providing education, products and services for people who manage, operate, maintain and supply the communications systems used by police, fire and emergency medical dispatch agencies throughout the world.
MOTOROLA and the Stylized M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners. (C) Motorola, Inc. 2008. All rights reserved.
Photo: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Motorola, Inc.
CONTACT: Steve Gorecki of Motorola, Inc., +1-847-538-0368, steve.gorecki@motorola.com
Web site: http://www.motorola.com/
AT&T Answers the Need for Speed in Charleston and HuntingtonCompany Delivers Supercharged Wireless Access to Mobile Applications and Interactive Content in West Virginia
CHARLESTON/HUNTINGTON, W.Va., June 30 /PRNewswire-FirstCall/ -- Watch video on the go. Surf the wireless Internet at DSL-like speeds. Share live video during a wireless call. AT&T today announced the launch of third generation (3G) mobile broadband network in Charleston and Huntington -- opening the door to a new era of interactive wireless voice, video and data applications and selection of new devices including the new 3G iPhone being launched on July 11.
"I am pleased that West Virginia consumers will have access to mobile broadband and video services," said Sen. Jay Rockefeller. "AT&T's investment will benefit consumers, businesses, and make our state an even more attractive place to do business. The future of communications is being delivered in a wireless world, and West Virginians will have access to the leading-edge technology."
With the addition of 3G technology to more than 90 cell sites in the Charleston area, AT&T's fastest wireless data network is now available in South Charleston, Spring Hill, Institute, Nitro, Saint Albans, Tyler Heights, Cross Lanes, Scott Depot, Teays Valley, Hurricane, Culloden, Yeager Airport and Logan. The 3G network can also be accessed along 1-77 in Pocatalico, Ripley and Ravenswood. In the Huntington area, the network has been launched in Barboursville, Kenova, South Point, Ohio; Ironton, Ohio, Askland, Kentucky; Cannonsburg, Kentucky; Grayson, Kentucky; and Olive Hill, Kentucky. Consumers can also enjoy 3G coverage along I-64, Routes 23, 54 and 60 as well as at the Tri State airport.
"We are committed to delivering a top notch wireless experience every time our customers make a phone call, read an e-mail or surf the Internet on our network," said J. Michael Schweder, President, AT&T Mid-Atlantic Region. "This year AT&T plans to spend nearly $30 million in West Virginia to enhance network coverage, capacity and deploy the 3G network. Since 2005, AT&T's planned investment in the state has exceeded more than $70 million."
Benefits of the AT&T 3G Network
AT&T's 3G network provides the simultaneous delivery of voice and data -- a capability not offered by all wireless providers. With a compatible 3G device, consumers connect to razor-sharp clips through CV, an on-demand streaming video service, and can quickly download games, pictures and the latest music, entertainment, news and weather through MEdia(TM) Net, the company's mobile Internet portal. The 3G network can also allow customers to take advantage of groundbreaking services such as AT&T Video Share which allows users to share live video over wireless phones while carrying on a voice call. Road warriors can use their device as a wireless modem for their laptop and dial into a conference call at the same time.
"Charleston and Huntington are major business hubs with tech-savvy consumers who want broadband wireless connections to live video, web browsing and e-mail," said Erika K. Thompson, vice president and general manager for AT&T's wireless unit in West Virginia and Virginia. "AT&T's LaptopConnect helps mobile business users be more productive with quick access to large files or corporate applications. All that's required is a LaptopConnect card or a laptop with embedded 3G service, software and an AT&T data plan."
AT&T uses HSPA/UMTS (High Speed Packet Access/Universal Mobile Telephone System) technology, which is based on the world standard GSM (Global Systems for Mobile Communications).
HSPA is the most advanced GSM data technology, providing average downlink speeds between 700-1700 kilobits per second (Kbps) for advanced devices. These enhanced speeds allow AT&T customers to download a 5 MB file in 25 seconds, a three minute song (about 3MB) in 15 seconds and a Ringtone that might take one minute and 45 seconds over slower mobile technologies -- only takes an average of 25 seconds on AT&T's 3G network.
With the new addition of HSUPA (High Speed Uplink Packet Access) technology, AT&T customers can enjoy uplink speeds between 500 Kbps and 1.4 Mbps. The new upload speeds complement AT&T's 3G download capabilities, which currently offer up to 1.7 Mbps across all markets for customers who have capable devices, such as AT&T's LaptopConnect wireless modems.
Equally as important as the network is the device through which a customer experiences it. AT&T's handset portfolio in company-owned stores is more than 75 percent 3G-capable -- and will be even more enticing with a fresh selection of 3G-enabled smartphones in the summer and fall of 2008. AT&T's 3G devices are available at eight company-owned wireless retail locations in Charleston, Huntington, Scott Depot, Barboursville, Ashland, Kentucky; several national retailers including Wal-Mart, Best Buy, and Sam's Club.
AT&T's 3G network is now available in 280 U.S. major metropolitan areas. The company will deliver 3G service to nearly 350 leading U.S. markets by the end of 2008.
Customers who use a GSM phone, such as those offered by AT&T, can take their device and browse the Web and perform other data functions in more than 145 countries. They can make a wireless phone call in 200 countries and territories or on 75 cruise ships worldwide.
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/.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.
(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: Beth Gautier, +1-202-659-5888, elizabeth.gautier@fleishman.com, for AT&T Inc.
Web site: http://www.att.com/
Pearson Announces Partnership With Aspirations UnlimitedPearson Exclusive Publisher of My Voice Survey Products
SAN ANTONIO, June 30 /PRNewswire-FirstCall/ -- The Educational Assessment group of Pearson today announced a partnership with Aspirations Unlimited and its founder, Dr. Russell Quaglia, also the founder of the Quaglia Institute for Student Aspirations, to become the exclusive publisher of the popular My Voice Surveys and related products.
The My Voice Surveys assist students, educators and parents in discovering how a student perceives the school environment, what motivates and inspires the student to achieve, and how well the student believes the school is meeting those objectives through relationships and engaged learning. Survey results provide insight for adopting, implementing and sustaining positive changes to create an optimum teaching and learning environment.
The My Voice Survey has been given to hundreds of thousands of students and is supported by decades of research conducted by Dr. Quaglia and the Institute. The Survey is offered to students in grades 3-12, parents and teachers and is based on the Quaglia Institute's 8 Conditions That Make A Difference(R) in student aspirations. These conditions emphasize students' self-worth, active engagement, and sense of purpose.
"When students have high aspirations, they have the ability to dream about the future, while being inspired in the present to reach those dreams," said Dr. Quaglia. "Whether the goal is to learn trigonometry or a trade, get good grades or go to college, students want to be successful. Too often, however, students don't reach their goals and fullest potential because the conditions that inspire and support them are not in place."
My Voice consists of a short survey, lasting less than 15 minutes, of students, staff and parents to determine the perceived school environment. The survey results provide meaningful data and valuable insights to educators and helps reveal the connections and disconnections among educators, students and parents. In addition, accompanying Resource Guides provide plans and activities to improve the school environment and student aspirations.
"We are delighted to be the exclusive publisher of the My Voice Survey," said Deloris Flint, Director, Educational Assessment group, Pearson. "This is a powerful tool for helping teachers and administrators gain a better understanding of how students, parents and other teachers and administrators perceive their school and learning environment."
Additional information about My Voice can be found at http://www.myvoicesurvey.com/.
About Aspirations Unlimited and Quaglia Institute of Student Aspirations (QISA)
Aspirations Unlimited develops, based on QISA research, innovative resources using the most current information about the state of student aspirations in today's schools. Surveys for staff, students and parents and associated support materials for students, teachers, school leaders, parents, school board members and coaches are available for schools that wish to measure and improve the "8 Conditions" that affect student and staff aspirations and success in schools.
QISA's mission and commitment to schools are based on more than two decades of ground-breaking research. Data is collected annually from hundreds of thousands of students, providing QISA with an unprecedented database on student aspirations. Results from this database are used to inform educational policy at the international, national, and local levels. QISA takes great pride in presenting its research findings at academic conferences and publishing their results in leading professional journals.
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. For students preK-12, Pearson provides effective and innovative curriculum products in all available media, educational assessment and measurement for students and teachers, student information systems, and teacher professional development and certification programs. The company's respected brands include Scott Foresman, Prentice Hall, the Stanford Achievement Test, the Wechsler Scales, AGS, PowerSchool, SuccessMaker, TeacherVision 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: David Hakensen of Pearson, +1-952-681-3040
Web site: http://www.pearsoned.com/ http://www.myvoicesurvey.com/
Naglieri Nonverbal Ability Test, Second Edition Now Available From Pearson in Online FormatOnline Assessment Allows for Automated Capture, Real-Time Scoring, Reporting and Analysis
SAN ANTONIO, June 30 /PRNewswire-FirstCall/ -- Pearson today announced the availability of an online version of the Naglieri Nonverbal Ability Test, Second Edition (NNAT2), an assessment of student ability that yields a norm- based score that can be used to identify gifted students who are likely to have the potential for advanced scholastic achievement.
The online format of the assessment allows for automated capture, real- time scoring and reporting. The online format is also more convenient for school administrators and instructors, who do not need to store, distribute, organize and ship test booklets.
The NNAT2 is appropriate for students in grades K-12. The test measures general ability using diagrams to allow for a culturally neutral evaluation regardless of the individual student's primary language, education, culture, or socioeconomic background. The NNAT2 has been empirically validated for assessment and identification of gifted minority children and been shown to be free from race and gender bias.
Online items of the NNAT2 are presented one item per screen, facilitating a student's focus on the task. The online format calls for minimal computer- system requirements and provides online system-check tools, and automated analysis of the readiness of the computer that will be used. NNAT2 employs a secure browser to ensure that students cannot access other web sites or applications during test delivery.
Administration of the online version, like the paper-and-pencil NNAT2, takes 30 minutes and is specifically developed for use by a variety of education professionals, including bilingual educators, testing coordinators, gifted and talented teachers, special education teachers, functional life skills facilitators, counselors and school psychologists.
The online test gives the user the flexibility of automated capture, real- time scoring and analysis, without having to store and distribute paper booklets. For the right user, this will dramatically help save time and resources in administrating the NNAT2.
The NNAT2 is authored by Jack A. Naglieri, Ph.D., who has been an expert in assessment for more than two decades and is a professor of psychology at George Mason University. He is the author of more than 250 publications, including scholarly articles, books, tests, rating scales, and computer software solutions. He is also the co-author of the Wechsler Nonverbal Scale of Ability (Wechsler & Naglieri, 2006). In 1985, Dr. Naglieri published his first nonverbal test, the Matrix Analogies Test, which was renamed the Naglieri Nonverbal Ability Test (NNAT) in 1997 and is now the NNAT2.
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. For students preK-12, Pearson provides effective and innovative curriculum products in all available media, educational assessment and measurement for students and teachers, student information systems, and teacher professional development and certification programs. The company's respected brands include Scott Foresman, Prentice Hall, the Stanford Achievement Test, the Wechsler Scales, AGS, PowerSchool, SuccessMaker, TeacherVision 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: David Hakensen of Pearson, +1-952-681-3040
Web site: http://www.pearsoned.com/ http://www.myvoicesurvey.com/
Pearson Introduces New, Individually State-Aligned Item Banks for Benchmarking and Summative Assessments for High School CoursesEnd of Course Array(TM) Now Available for Arkansas, Maryland, North Carolina, South Carolina and Virginia
SAN ANTONIO, June 30 /PRNewswire-FirstCall/ -- Leading publisher Pearson today introduced benchmarking and summative assessment item banks for high school courses aligned to standards for five states. The new End of Course Array(TM) Editions for Arkansas, Maryland, North Carolina, South Carolina and Virginia give educators an assessment solution for tracking student performance in specific high school courses with content specifically aligned to each state's learning standards.
These state editions follow release last fall of the National Consensus Standards for high school courses algebra 1, algebra 2, geometry, biology and chemistry.
"Research shows that students who are held accountable through end-of- course testing not only have improved test scores, but place one-half of a grade level ahead in math and science," said Deloris Flint, Director, Educational Assessment group, Pearson. "Using EOC Array(TM), teachers generate the data necessary to truly drive instruction and maximize student learning, ultimately leading to greater success on their state's respective end-of- course exams."
Since districts' needs and usage vary, the EOC Array(TM) test item banks were designed to be comprehensive and flexible. The items included with the state editions of EOC Array(TM) are aligned to each state's standards, ensuring that the content is relevant to that state's classrooms. Within each course the items address the breadth and depth of each standard to help ensure a student becomes proficient in that standard. To provide teachers and administrators with additional flexibility, tests are easily created online. Tests may be created at the classroom, school or district levels, allowing districts to share tests across schools if desired. With the ability to share tests across schools, districts may customize their tests to match their specific needs and pacing guides.
Specific courses for each state are as follows:
-- Arkansas -- items for courses in algebra 1 and biology, aligned with the Arkansas Curriculum Framework, for use in the Arkansas End-of-Course Exams.
-- Maryland -- items for algebra 1 and biology, aligned with Maryland's Core Learning Goals, for use with the Maryland High School Assessment.
-- North Carolina -- items for algebra 1, algebra 2, geometry, biology and chemistry, aligned with the North Carolina Course of Study, for use with North Carolina End-of-Course tests.
-- South Carolina -- items for algebra 1, aligned with the South Carolina Course Standards, for use with the South Carolina End-of-Course Examinations.
-- Virginia -- items for algebra 1, algebra 2, geometry, biology and chemistry, aligned with the Virginia Standards of Learning, for use with the Virginia SOL End-of-Course testing.
The large number of quality items available for each course provides teachers and administrators with many options for using EOC Array(TM). Districts, schools and/or teachers can create a comprehensive assessment plan for their courses by using the items to create benchmark assessments and a summative end of course exam. Items not used for these exams may then be integrated into everyday instruction to help teachers continuously monitor student achievement and make informed instructional decisions to maximize student learning.
The new EOC Array(TM) state editions include the following features:
-- Assessments available for online administration and print-on-demand from the software platform for paper/pencil testing.
-- Immediate scoring online or scanning functionality for paper/pencil tests.
-- Keyboard entry of answer choices available.
-- Integration with iRespond wireless handheld personal response devices provides real-time data for students and teachers.
-- A flexible item bank of 900-1,400 items available for each course.
-- Item banking flexibility allowing test forms to be created at the district, school or classroom level.
-- Extensive reporting capabilities in PDF and dynamic online formats at the student, class, school and district levels -- including: Gain and Standard Analysis, Multi-Measures, Item Analysis, Proficiency, Grouping and Lists Reporting.
-- Multiple choice and constructed response items.
Using high-quality, reliable items aligned to state learning standards and national consensus standards, EOC Array(TM) enables educators to evaluate student mastery of subjects and measure student achievement with more accuracy.
For more information on any of the state edition EOC Array(TM) item banks, visit http://www.eocarray.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. For students preK-12, Pearson provides effective and innovative curriculum products in all available media, educational assessment and measurement for students and teachers, student information systems, and teacher professional development and certification programs. The company's respected brands include Scott Foresman, Prentice Hall, the Stanford Achievement Test, the Wechsler Scales, AGS, PowerSchool, SuccessMaker, TeacherVision 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: David Hakensen of Pearson, +1-952-681-3040
Web site: http://www.pearsoned.com/ http://www.eocarray.com/
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