Companies news of 2008-06-30 (page 5)
City of Houston Adds NICE Inform for Improved 9-1-1 Emergency Services, Consolidating...
The University of Toledo selects SXC Health Solutions (informedRx) to provide pharmacy...
Mucho gusto! Te presentamos a Jetblue.com/Espanol: JetBlue Airways and MotionPoint Launch...
EnerSys Announces Completion of Refinancing
Allyn & Bacon/Merrill Professional Development Materials Now Featured on Perspective,...
IBM and NAVA Jumpstart Implementation of AnnuityIndustry's First Comprehensive Sales...
Joytoto USA, Inc. Information To Be Available Through S&P Market Access Program
Imation Acquires XtremeMacAcquisition Expands iPod, iPhone and Apple TV Accessory Lines
Expedia Corporate Travel Commits to Next Era of Innovation and Leadership With Egencia...
Rainmaker Expands Lead Development Solution for Global Enterprise Data Solutions...
New Era Solutions Strengthens Its Enterprise and SMB Advanced Business Solutions Offering...
Bruce Springsteen and the E Street Band Perform Songs Live From Europe July Fourth Only on...
STMicroelectronics Announces Further Advances in Corporate Responsibility During 2007
United Kingdom's ntl:Telewest Business Selects Amdocsntl:Telewest Business, part of the...
Overland Acquires Adaptec's Snap Server NAS Business to Further Extend the Reach of Its...
Incentra Solutions Holds Annual Meeting of Stockholders
ViewCast(R) Joins Partner Initiative to Deliver Next Generation Cross-Platform...
Adaptec Sells Snap Server NAS Business to Overland StorageAdaptec to Retain iSCSI Hardware...
Novint and Valve Announce Agreement to Add Touch to Some of Best Rated Games of All...
More Than 1 Million Entrepreneurs Have Made Microsoft Office Live Small Business One of...
MIPS32(R) 24Kc(TM) Pro Cores Power Magnum Semiconductor's DX1 Family of Professional Video...
VASCO Ranks 5th in FORTUNE Small Business' Top 100 for Fast Growing Smaller Public...
Elbit Systems Acquires Electro Optic Research and Development Company Ltd.
Planar Introduces Indisys(TM) Director for Management of Control Room and Video Wall...
Planar Announces Three New Control Room and Public Display Solutions for European Market
SST Launches Enhanced Performance FlashFlex MicrocontrollerNew SST89C58RC 8-bit MCU...
Global Crossing Helps Natural England Save Two Million Miles on the Road
Planar annonce trois nouvelles solutions pour les salles de contrôle et l'affichage public...
Planar lance l'Indisys(TM) Director destiné à la gestion d'affichages pour la salle de...
MyScreen files patents in India as it's a market set to grow to 500 million mobile phone...
City of Houston Adds NICE Inform for Improved 9-1-1 Emergency Services, Consolidating Fire, Police and Medical Services Communications ManagementFourth Largest U.S. City Deploys NICE Solution to Capture, Manage, and Analyze 9-1-1 Emergency Calls
RA'ANANA, Israel, June 30 /PRNewswire-FirstCall/ -- NICE Systems , the global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) to drive performance, today announced the City of Houston, Texas, has selected NICE Inform for its 9-1-1 Center. The consolidated center for the United States' fourth largest city, the Houston Emergency Center (HEC) is equipped with state-of-the-art technology. The City of Houston recently added NICE Inform and other NICE solutions to its Emergency Center for their unique ability to capture and manage high volumes of critical emergency communications and other vital multimedia incident information.
Houston consolidated its three communications centers into a single public safety answering point in 2003 and invested in advanced emergency communications technology, but still employed separate voice-only recording solutions for police, fire and emergency medical services (EMS). With the NICE solutions, including NICE Inform, the three departments will now be able to share a single, partitioned and redundant solution for recording and reviewing emergency communications, which will not only enhance reliability, but reduce the Department's overhead and technical support requirements as well.
"The NICE solutions are the next step in our evolution as a technologically-advanced emergency communications center," said Matt Hyde, Chief Technology Officer for the Houston Emergency Center. "NICE offered us advanced capabilities, and greater reliability, ease-of-use and scalability than we had before. With NICE Inform, we're also laying the foundation to be able to extend our recording capability beyond voice to include data and video too."
"The Houston Emergency Center is one of the most impressive and technologically-advanced emergency communications centers in the United States," said Chris Wooten, President, Security Division Americas, NICE. "We are very proud that the City of Houston has expanded its relationship with NICE by selecting NICE Inform and other NICE solutions for its advanced emergency communication facility."
NICE Inform is the world's first full-spectrum multimedia incident information management solution for the security market. It provides ground-breaking capabilities for effectively managing incident information from various sources, including audio, video, text and data, streamlining information-sharing, investigations and evidence delivery. The capabilities of NICE Inform also enable agencies and command and control centers to move beyond simply capturing voice communications to centrally capturing and managing many different types of multimedia information central to investigations, such as video, mug shots, affidavits and incident reports. The unique comprehensive capabilities of NICE Inform can be tailored to the specific needs of command and control centers for first responders and homeland security, transportation, government, and private sector organizations, and deliver improved collaboration and operational efficiency to enhance safety and security.
About the Houston Emergency Communications Center (HEC)
The Houston Emergency Center (HEC) is the consolidated communications center for the City of Houston, the fourth largest city in the United States of America and the largest city within the state of Texas. Approximately 10,000 emergency and non emergency calls per day are processed at HEC. The number of calls into the Houston HEC can easily double during times of inclement weather, as they did during Hurricanes Katrina and Rita, or during special City social/sporting events. More information at http://www.houstontx.gov/hec/index.html.
About NICE
NICE Systems is the leading provider of Insight from Interactions(TM) solutions and value-added services, powered by advanced analytics of unstructured multimedia content - from telephony, web, radio and video communications. NICE's solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 135 countries, including over 85 of the Fortune 100 companies. More information is available at http://www.nice.com/.
Trademark Note: Insight from Interactions(TM), 360 View(TM), Executive Connect(R), Executive Insight(TM)*, Freedom(R), Investigator(R), Mirra(R), Universe(R), My Universe(TM), NICE(R), NiceCall(R), NiceCall Focus(TM), NiceCLS(TM), NICE Learning(TM), eNiceLink(TM), NiceLog(R), Playback Organizer(TM), Renaissance(R), ScreenSense(TM), NiceScreen(TM), NICE SmartCenter(TM), NICE Storage Center(TM), NiceTrack(TM), NiceUniverse(R), NiceVision(R), NiceVision Analytics(TM), NiceVision ControlCenter(TM), NiceVision Digital(TM), NiceVision Harmony(TM), NiceVision Mobile(TM), NiceVision Net(TM), NiceVision Pro(TM), NiceVision NVSAT(TM), NiceVision Alto(TM), Scenario Replay(TM), Tienna(R), Wordnet(R), NICE Perform(R), NICE Inform(TM), NICE Analyzer(TM), Last Message Replay(TM), NiceUniverse Compact(TM), Customer Feedback(TM), Interaction Capture Unit(TM), Dispatcher Assessment(TM), Encoder(TM), Freedom Connect(R), FAST(R), FAST Alpha Silver(TM), FAST Alpha Blue(TM) and Alpha(R), Emvolve Performance Manager(TM), Performix Technologies(TM), IEX(R), TotalView(R) and other product names and services mentioned herein are trademarks and registered trademarks of NICE Systems Ltd. All other registered and unregistered trademarks are the property of their respective owners.
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of the management of NICE Systems Ltd. (the Company) only, and are subject to a number of risk factors and uncertainties, including but not limited to changes in technology and market requirements, decline in demand for the Company's products, inability to timely develop and introduce new technologies, products and applications, difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel, loss of market share, pressure on pricing resulting from competition, and inability to maintain certain marketing and distribution arrangements, which could cause the actual results or performance of the Company to differ materially from those described therein. We undertake no obligation to update these forward-looking statements. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission.
Corporate Media Contact:
Galit Belkind
NICE Systems
Galit.belkind@nice.com
+1-877-245-7448
Investors:
Daphna Golden
NICE Systems
ir@nice.com
+1-877-245-7449
Nice Systems Ltd.
CONTACT: Corporate Media Contact: Galit Belkind, NICE Systems, Galit.belkind@nice.com , +1-877-245-7448; Investors: Daphna Golden, NICE Systems, ir@nice.com , +1-877-245-7449.
The University of Toledo selects SXC Health Solutions (informedRx) to provide pharmacy benefit management services
LISLE, IL, June 30 /PRNewswire-FirstCall/ -- SXC Health Solutions Corp. ("SXC" or the "Company") , a leading provider of technology and pharmacy benefits management services, announces a five and a half year contract for its informedRx(R) pharmacy benefit management ("PBM") services with The University of Toledo ("UT").
SXC will begin providing its services for more than 6,000 members of UT's employee prescription benefit program on July 1, 2008 and will expand its coverage to more than 13,000 covered lives on January 1, 2009.
"This is an important step forward for SXC, as it expands our presence into the self-insured employer market and provides us with an opportunity to showcase our full-service transparent PBM services with a University that includes an academic medical center," said Mark Thierer, President and Chief Executive Officer at SXC. "The collaboration of UT and SXC reinforces our ability to compete with the industry's largest PBMs and demonstrates our ability to reach a broad number of healthcare organizations with our flexible suite of technology and services."
UT will use informedRx(R) to adjudicate prescription drug claims, manage reimbursement of retail pharmacy network contracts, analyze drug utilization, manage rebate contracts with pharmaceutical manufacturers, and handle member and pharmacy help desk calls. UT will also utilize SXC's adjudication platform to price and dispense "own use" class of trade products from UT owned pharmacies.
"This collaboration will give us creative options to serve the various prescription drug benefit needs of our employees," said Laura Miller, Senior Director of Benefits at UT. "For example, the additional purchasing power of a larger operation combined with personalized University-quality care will enable our employees and their families to spend less money and less time buying the pharmaceuticals they need."
About informedRx(R)
informedRx(R) is a broad suite of a la carte pharmacy benefit services that provide a flexible and cost-effective alternative to traditional pharmacy benefit management offerings. informedRx is built around SXC's industry leading technology solutions including pharmacy claims processing and reporting, rebate billing system and near real-time alternative therapy messaging. All contracting is founded on a total transparency and pass-through model for manufacturer rebates, retail network contracting and MAC management. informedRx also provides clinical intervention programs and drug utilization reviews which feature a coordinated approach with plan sponsors allowing input and control for specific client and market situations. All programs are priced on a fee-for-service basis.
About University of Toledo
Located in Toledo, Ohio, The University of Toledo, a student-centered, public metropolitan research university with 20,000 students and picturesque campuses is recognized nationally for their beauty and is one of 13 state universities in Ohio. Established in 1872 and a member of the state university system since 1967, The University of Toledo and the Medical University of Ohio have merged to form the third-largest public university operating budget in the state.
The University of Toledo is recognized as a leader nationally for several programs and offers more than 250 undergraduate, graduate and professional programs. For more information, please visit http://www.utoledo.edu/
About SXC Health Solutions
SXC Health Solutions Corp. (SXC) is a leading provider of pharmacy benefits management (PBM) services and HealthCare IT (HCIT) solutions to the healthcare benefits management industry. The Company's HCIT Group is dedicated to supporting the PBM industry with a broad range of technology, tools and services including a wide range of software applications, application service provider (ASP) processing services and professional services. SXC's customers include the largest organizations in the pharmaceutical supply chain, such as Federal, provincial, and state and local governments, PBMs, managed care organizations, institutional pharmacies, and other healthcare intermediaries. SXC is headquartered in Lisle, Illinois with 13 locations in the US and Canada. For more information please visit http://www.sxc.com/.
SXC Health Solutions Inc.
CONTACT: Jeff Park, Chief Financial Officer, SXC Health Solutions, Inc., Tel: (630) 577-3206, investors@sxc.com; Dave Mason, Investor Relations, The Equicom Group Inc., (416) 815-0700 ext. 237, dmason@equicomgroup.com; Susan Noonan, Investor Relations - U.S., The SAN Group, LLC, (212) 966-3650, susan@sanoonan.com
Mucho gusto! Te presentamos a Jetblue.com/Espanol: JetBlue Airways and MotionPoint Launch Bilingual, Customer-Friendly Website- Site provides a more robust online shopping experience for Spanish-speaking customers -
NEW YORK, June 30 /PRNewswire-FirstCall/ -- JetBlue Airways Corporation , together with website language management (WLM) company MotionPoint Corporation, today announced the launch of the much-anticipated Spanish version of http://www.jetblue.com/, offering a more robust online shopping experience for the value airline's Spanish-speaking jetters. Customers who prefer to shop for flights en espanol can now log on directly to http://www.jetblue.com/espanol or click the link at the top of the JetBlue.com homepage to access the site.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080630/JETBLUELOGO )
While most of the content is a direct translation of the English version, Hispanic-specific marketing messages and offers will also be posted. In the first phase, more than 90 percent of the JetBlue.com site is Spanish-enabled. Additional links, including: Work Here; Investor Relations; and some of the airline's ancillary products will be translated in the near future. Translation of JetBlue's kiosks, confirmation itineraries and pre-flight emails and consumer emails will also be part of phase two.
To translate the site into Spanish and keep it updated, JetBlue hired business partner MotionPoint Corporation. The company combines human translation with technology to deliver a fully enabled, multilingual web experience. Rather than building a second website, MotionPoint's TransMotion(R) technology adds another "language layer" to the original jetblue.com site.
"As JetBlue continues to expand into more and more Spanish-speaking markets, it is essential that we provide a robust bilingual website to stay culturally relevant to our largely diverse audience of JetBlue customers," said Michael Stromer, Director of Interactive Marketing for JetBlue Airways. "MotionPoint gives us the responsiveness and translation quality that we demand to preserve our brand and deliver the core JetBlue Experience to our Latino and Hispanic communities."
"JetBlue is such an innovator when it comes to surprising and delighting its customers. We are thrilled to be associated with JetBlue and are particularly pleased with their commitment to serving the rapidly growing Hispanic market here in the United States," said Chuck Whiteman, Senior Vice President of Client Services for MotionPoint.
JetBlue recently announced expansion plans in Florida, Puerto Rico and the Caribbean, including the Dominican Republic. The site is a further example of the airline's commitment to its bilingual Customers and Crewmembers in its efforts to grow its Hispanic markets.
MotionPoint Corporation offers clients a turnkey solution to publish their fully functional websites in multiple languages. MotionPoint's proprietary technology makes it easy to add any language to any website -- and radically improves the ROI of doing so. The company serves U.S. based and international clients from its headquarters in South Florida. For more information about MotionPoint, please visit http://www.motionpoint.com/.
New York-based JetBlue Airways has created a new airline category based on value, service and style. Known for its award-winning service and free TV as much as its low fares, JetBlue is now pleased to offer customers Lots of Legroom and super-spacious Even More Legroom seats. JetBlue introduced complimentary in-flight e-mail and instant messaging services on aircraft "BetaBlue," a first among U.S. domestic airlines. JetBlue is also America's first and only airline to offer its own Customer Bill of Rights, with meaningful and specific compensation for customers inconvenienced by service disruptions within JetBlue's control. Visit http://www.jetblue.com/promise for details. JetBlue serves 53 cities with 600 daily flights. With JetBlue, all seats are assigned, all travel is ticketless, all fares are one-way, and an overnight stay is never required. For information or reservations call 1-800-JETBLUE (1-800-538-2583) or visit http://www.jetblue.com/.
DIRECTV(R) service is not available on flights outside the continental United States. (C)2008 JetBlue Airways
This press release contains statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions, and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors, including, without limitation, our extremely competitive industry; increases in fuel prices, maintenance costs and interest rates; our ability to implement our growth strategy, including the ability to operate reliably the EMBRAER 190 aircraft and our new terminal at JFK; our significant fixed obligations; our ability to attract and retain qualified personnel and maintain our culture as we grow; our reliance on high daily aircraft utilization; our dependence on the New York metropolitan market and the effect of increased congestion in this market; our reliance on automated systems and technology; our being subject to potential unionization; our reliance on a limited number of suppliers; changes in or additional government regulation; changes in our industry due to other airlines' financial condition; and external geopolitical events and conditions. Further information concerning these and other factors is contained in the Company's Securities and Exchange Commission filings, including but not limited to, the Company's 2007 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
CONTACT:
JetBlue Corporate Communications
(718) 709-3089
CorporateCommunications@jetblue.com
JetBlue Reservations
(800) JET-BLUE (538-2583)
http://www.jetblue.com/?source=pr
Photo: http://www.newscom.com/cgi-bin/prnh/20080630/JETBLUELOGO PRN Photo Desk, photodesk@prnewswire.com
JetBlue Airways Corporation
CONTACT: JetBlue Corporate Communications, +1-718-709-3089, CorporateCommunications@jetblue.com
Web site: http://www.jetblue.com/espanol http://www.jetblue.com/
EnerSys Announces Completion of Refinancing
READING, Pa., June 30 /PRNewswire-FirstCall/ -- EnerSys , the world's largest manufacturer, marketer, and distributor of industrial batteries, announced today the closing and funding of its new senior secured facility totaling $350 million.
The new facility includes $225 million of Term A loans and a $125 million Revolver, with no initial drawings on the Revolver. The majority of the net proceeds, after fees, of the Term A loans were used to pay the combined balance of $191.4 million, which was the final amount owing on the Term B loans plus the Revolver under the previous U.S. credit facility. In May, 2008, $168.2 million of the Term B loan was paid from the net proceeds of the Company's convertible note offering.
The initial interest rate for this new senior secured credit facility was set at LIBOR plus 1.75% and can increase or decrease based on the Company's leverage ratio, as defined in the credit agreement. Banc of America Securities LLC and Wachovia Capital Markets, LLC were the joint lead arrangers and joint book-running managers for this facility.
"We are very pleased with our recent debt refinancing actions that were completed on June 27, 2008. Both the May, 2008 $172.5 million convertible senior unsecured note issuance and the June, 2008 $350 million senior secured credit facility syndication were well received by our lenders and investors, as evidenced by their strong demand and favorable terms and conditions," said Michael T. Philion, Executive Vice President of Finance and Chief Financial Officer of EnerSys. "All our financial objectives were accomplished; namely, providing future capital structure flexibility, adding borrowing capacity to support our Company's future growth and minimizing our long term cost of capital." Philion added, "We expect this refinancing will result in interest savings in fiscal year 2009 of approximately $4 million when compared to the prior fiscal year, which is equivalent to approximately $.06 of earnings per share."
Caution Concerning Forward-Looking Statements
This press release (and oral statements made regarding the subjects of this release) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include, but are not limited to, (i) statements regarding EnerSys' plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts, including statements identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will" or words of similar meaning; and (ii) statements about the benefits of the debt refinancing actions including any impact on our financial and operating results and estimates, and any impact on EnerSys' market position that may be realized from these actions. These forward-looking statements are based upon management's current beliefs or expectations and are inherently subject to significant business, economic, and competitive uncertainties and contingencies, many of which are beyond our control. The foregoing factors, among others, could cause actual results to differ materially from those described in the forward-looking statements. EnerSys may not realize benefits from these debt refinancing actions. The statements in this press release are made as of the date of this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date such forward-looking statement is made. For a list of other factors which could affect EnerSys' results, see EnerSys' filings with the Securities and Exchange Commission, including "Item 1A. Risk Factors," set forth in our EnerSys' Annual Report on Form 10-K for the fiscal year ended March 31, 2008.
For more information, please contact Richard Zuidema, Executive Vice President, EnerSys, P.O. Box 14145, Reading, PA 19612-4145. Tel: 800-538-3627.
About EnerSys
EnerSys, the world leader in stored energy solutions for industrial applications, manufactures, distributes and services reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers worldwide. Reserve power batteries are used in the telecommunications and utility industries, uninterruptible power suppliers, and numerous applications requiring standby power. Motive power batteries are utilized in electric forklift trucks and other commercial electric powered vehicles. The Company also provides aftermarket and customer support services to its customers from over 100 countries through its sales and manufacturing locations around the world.
More information regarding EnerSys can be found at http://www.enersys.com/.
EnerSys
CONTACT: Richard Zuidema, Executive Vice President of EnerSys, +1-800-538-3627
Web site: http://www.enersys.com/
Allyn & Bacon/Merrill Professional Development Materials Now Featured on Perspective, Pearson's Online Remediation and Enrichment ToolPearson to Provide Teachers With Online Professional Development on Effective Instructional Strategies
SAN ANTONIO, June 30 /PRNewswire-FirstCall/ -- Today at the National Educational Computing Conference (NECC), Pearson announced that Perspective(TM), the company's powerful online remediation and enrichment tool for students, will now include online access to teacher professional development materials from Allyn & Bacon/Merrill.
Perspective provides students, families and educators with a roadmap to student improvement through enrichment and remediation resources tailored to student needs. With a strong history in education publishing and a broad understanding of the education climate, Allyn & Bacon/Merrill Professional Development provides professional development materials that effectively blend academic research and practical application for today's K-12 educators.
With the addition of these new teacher professional development resources from Allyn & Bacon/Merrill, Perspective is putting even more tools for improving student achievement at teachers' fingertips. Now with the click of a mouse, educators using Perspective can access online professional development resources on topics such as the latest in literacy; English language acquisition; effective science, math and reading teaching methodologies; early childhood education; classroom management; leadership; and special education.
"Engaged, dedicated teachers are the key to student achievement," said Douglas Kubach, president and CEO, Assessment and Information, Pearson. "Providing teachers with access to Allyn & Bacon/Merrill's highly regarded professional development materials makes Perspective an even more powerful tool for helping all students achieve their academic potential."
Perspective is a ground-breaking, research-based tool designed to provide materials that enrich and improve students' knowledge and skills in areas where they are having difficulty. Perspective links students' test results with targeted teaching strategies and learning resources. Using the online tool, teachers can create custom assignment sheets, explore unit plans and access an ever-growing library of teacher support materials and professional development resources. Perspective helps families understand how students are doing, helps educators prepare for their classes and details what both can do to help each student succeed.
"It is exciting to add our professional development resources to this portal dedicated to improving student achievement," said Nancy Forsyth, president, Allyn & Bacon/Merrill, Pearson. "Our authors represent the best-of-the-best in professional development, and now teachers can quickly and easily access their expertise to learn new instructional strategies or refresh ones that they had used in the past."
These new online professional development resources for teachers are now available for download and printing, at no additional charge, to existing Perspective customers via the Perspective Web portal.
For more information on Perspective, visit http://www.pearsonperspective.com/. For more information on Allyn & Bacon/Merrill, visit http://www.allynbaconmerrill.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 The Stanford Achievement Test, the Wechsler Scales, PEMSolutions, Perspective, PASeries, Allyn & Bacon/Merrill, Scott Foresman, Prentice Hall, 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: Lisa Wolfe of L. Wolfe Communications, for Pearson, +1-773-227-1049, lwolfe@lwolfe.com
Web site: http://www.pearsoned.com/ http://www.pearsonperspective.com/ http://www.allynbaconmerrill.com/
IBM and NAVA Jumpstart Implementation of AnnuityIndustry's First Comprehensive Sales Automation InitiativeInnovative Common Reference Architecture Model, Jointly Developed by NAVA and IBM for NAVA's Straight-through Processing Initiative, Enables Rapid Deployment of Sales Automation Standards for $17 Trillion Retirement Market Opportunity
RESTON, Va. and ARMONK, N.Y., June 30 /PRNewswire/ -- NAVA, Inc., the Association for Insured Retirement Solutions, and IBM today announced the availability of the first Common Reference Architecture Model for NAVA's Straight-through Processing (STP) Standards Initiative. STP is an industry-backed initiative establishing an automated standardized process that streamlines the sale of annuities.
The STP Initiative was created to help the industry meet the expected growth in the annuity market as the baby boomer generation enters retirement with more than $17 trillion in retirement assets. STP-compliant annuity sales processes will enable the annuity industry to effectively address this opportunity by allowing for seamless interoperability between distributors and insurance carriers, improving "in-good-order" business, ensuring transparency, and enhancing the overall consumer experience. The STP Standards include automated processes to help ensure annuity sales suitability, as well as uniform processes for e-signatures, electronic forms, privacy policies, and records management.
Developed jointly by IBM and NAVA, the STP Common Reference Architecture Model, an extension of the STP process model, provides a framework for implementation of the NAVA STP Standards by annuity distributors and their insurance carrier partners. STP implementations are underway at a number of distributors, including Fidelity Investments, LPL Financial Services, Merrill Lynch, Morgan Stanley, National Planning Holdings, Pershing, Raymond James, and Wachovia Securities.
In addition, the reference architecture provides a roadmap for technology vendors developing software and services for insurance and financial services companies based on the STP standards.
"This is the first time that any segment of the financial industry has undertaken a business process automation program of this size and magnitude," said Karla Norsworthy, vice president, IBM Software Standards. "Customers are telling us that straight-through processing is the key to meeting critical annuity market, customer and regulatory requirements. By leveraging advanced technologies, IBM engineers have helped develop a reference platform that can dramatically accelerate STP adoption, helping prepare the industry to better meet the significant market opportunity ahead."
The STP Initiative leverages the power and efficiencies of advanced IT technologies to streamline annuity business processes. These include service oriented architecture (SOA), an IT approach that maximizes efficiencies by integrating business elements as linked, repeatable tasks or services, as well as Web services, Web 2.0 technologies, wizard-driven dynamic electronic forms, business process management (BPM), and externalized rules and profiles. STP also builds on industry IT standards and specifications, such as XML, SCA and SDO, as the basis for defining and driving the STP processes.
"The existing manually-intensive and paper-constrained annuity business processes are complex, inefficient and highly regulated," said Deborah Tucker, vice president of NAVA. "STP is the first program of its kind to comprehensively address these issues by defining a streamlined annuity sales process that is all electronic and in compliance with federal and state regulations. The reference architecture is an important component in our ongoing effort to facilitate industry-wide implementation of STP-compliant technologies and services."
NAVA is currently working with a wide range of insurance carriers, annuity distributors and technology vendors to promote and encourage the implementation of the STP standards and the development of STP-compliant solutions. NAVA is also working with state and federal regulators to secure an understanding and acceptance of the standards.
For more information about the NAVA STP Initiative, or to receive a copy of the STP reference architecture, please contact Deborah Tucker at STP@navanet.org or 703-707-8830.
For more information about IBM insurance industry solutions, visit http://www.ibm.com/insurance.
About NAVA
NAVA, Inc., the Association for Insured Retirement Solutions, is a non-profit trade association located in suburban Washington D.C. NAVA provides a variety of services to the industry, including educational forums, research, and conferences aimed at furthering the development and understanding of fixed and variable annuities, income annuities and variable life insurance. NAVA also maintains and supports an educational website for consumers at http://www.retireonyourterms.com/.
IBM, WebSphere, SmartSOA and the IBM e-business logo are trademarks or registered trademarks of International Business Machines Corporation. For a list of additional IBM trademarks, please see http://www.ibm.com/legal/copytrade.shtml.
All other company, product or service names may be trademarks or registered trademarks of others. Statements concerning IBM's future development plans and schedules are made for planning purposes only, and are subject to change or withdrawal without notice. Reseller prices may vary.
NAVA, Inc., the Association for Insured Retirement Solutions
CONTACT: George Millington, +1-408-369-7200, ext. 2974, NAVA@walt.com, for NAVA, Inc., the Association for Insured Retirement Solutions; or Kathleen Driscoll McKee of NAVA, Inc., the Association for Insured Retirement Solutions, +1-703-707-8830, ext. 17, kmckee@navanet.org; or Matt Berry of IBM Media Relations, +1-201-370-9133, mhberry@us.ibm.com
Web site: http://www.retireonyourterms.com/ http://www.ibm.com/insurance
Joytoto USA, Inc. Information To Be Available Through S&P Market Access Program
SANTA CLARA, Calif., June 30 /PRNewswire-FirstCall/ -- Joytoto USA, Inc. (BULLETIN BOARD: JYTO) , a leading consumer electronics and online game development and distribution corporation, has announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at http://www.advisorinsight.com/.
In addition, information about companies in Standard & Poor's Market Access Program will be available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of Joytoto USA, Inc. will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in approximately 38 states under their Blue Sky Laws.
About Joytoto:
Joytoto USA, Inc. (BULLETIN BOARD: JYTO) . The company's two business segments are electronic products and components, and online games. The electronic products and components business is that of a virtual, original equipment manufacturer (OEM) and original design manufacturer (ODM) of consumer electronics for retailers throughout the world. Joytoto USA's online game business segment operates online games in North America pursuant to an Exclusive North American Master License Agreement with Joyon Entertainment Co., Ltd. ("Joyon Korea"). The Master License Agreement gives Joytoto USA's wholly-owned subsidiary access to Joyon Korea's library of successful online games currently operating in the Asian markets which have generated more than $100,000,000 in the Asian markets.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and subject to the Safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to the company's access to additional capital competitive factors, the company's ability to consummate its acquisition strategy, consumer acceptance of the company's products and dependence on key management.
Company information distributed through the Market Access Program is based upon information that Standard & Poor's considers to be reliable, but neither Standard & Poor's nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.
Joytoto USA, Inc.
CONTACT: Investor Relations, Joytoto USA, Inc., 1-866-492-4138; Standard & Poor's Customer Contact, Richard Albanese, +1-212-438-3647, richard_albanese@sandp.com; or Media Relations, Michael Privitera of Standard and Poor's, +1-212-438-6679, michael_privitera@sandp.com
Web site: http://www.joytotousa.com/ http://www.advisorinsight.com/
Imation Acquires XtremeMacAcquisition Expands iPod, iPhone and Apple TV Accessory Lines
OAKDALE, Minn., June 30 /PRNewswire-FirstCall/ -- Imation Corp. today announced it has acquired substantially all of the assets of privately held Xtreme Accessories, LLC, (XtremeMac) for a purchase price of $9 million, to be comprised of $7 million of cash paid to XtremeMac plus $2 million of assumed net liabilities. There is potential additional consideration up to $10 million payable over a three-year period, contingent on financial performance of the acquired business. The acquisition is not expected to have a material impact on Imation's results of operations in fiscal 2008.
XtremeMac, a Florida-based product design and marketing firm focused on consumer electronics products and accessories for the iPod, iPhone and Apple TV markets, generated approximately $25 million of revenue in calendar year 2007.
Commenting on the transaction, Frank Russomanno, Imation's President and Chief Executive Officer said: "This acquisition is another building block in our strategy as we build a portfolio of strong brands that resonate with consumers -- in this case the large and growing number of iPod, iPhone and Apple TV customers. With the acquisition of XtremeMac, Imation has added a brand recognized and respected by Apple enthusiasts and one that enhances our portfolio of products serving the growing market for consumer electronics related accessories. The XtremeMac accessories can be found in Apple stores, consumer electronics retailers and on-line channels."
"Under Gary Bart, XtremeMac has developed a reputation for award-winning product designs. Their design experience and understanding of these markets broadens and strengthens our overall consumer electronics and accessory capability," he concluded.
Gary Bart, founder and President of XtremeMac said: "The combination of XtremeMac's market knowledge and product design skills with Imation's global reach and supply chain capabilities allows us to take advantage of the worldwide market opportunity in A/V consumer electronics accessories and create an unparalleled experience for our customer base. I am pleased to join the global Imation team as Executive Director, guiding iPod, iPhone and Apple TV accessory product design and direction as we integrate the XtremeMac brands into the growing Imation portfolio."
About XtremeMac
XtremeMac, headquartered in Weston, FL, is an innovative leader in the exciting and fast-paced MP3 player accessory market. Founded in 2001 shortly after the release of the Apple iPod, XtremeMac was the very first company to introduce a case for the iPod at MacWorld in January, 2002. Working closely with Apple Inc., the company has built a strong brand as one of the leading iPod accessory companies. With 29 employees, XtremeMac's business remains focused on creating innovative accessories that complement the iPod, iPhone, Apple TV and related products made by Apple Inc. Popular product lines include the award winning Luna, Tango, SportWrap, InCharge, TuffWrap, and a line of advanced affordable A/V cables sold under the XtremeHD brand. Further information about XtremeMac can be found at http://www.xtrememac.com/.
About Imation
Imation Corp. is the only company in the world focused on the development, manufacture and supply of removable data storage products spanning the four pillars of magnetic, optical, flash and removable hard disk storage. With more than 50 years of data storage leadership beginning with the development of the world's first computer tape, in 2006 Imation proudly marked its 10th anniversary as an independent company. In addition to the Imation brand, Imation Corp.'s global brand portfolio includes the Memorex brand, one of the most widely recognized names in the consumer electronics industry, famous for the slogan, "Is it live or is it Memorex?" Imation is also the exclusive licensee of the TDK Life on Record brand, one of the world's leading recording media brands. And as co-developer of Nickelodeon's Npower brand of consumer electronics, Imation helps empower kids of all ages to use the latest technology. Additional information about Imation and its brands is available at http://www.imation.com/ or by calling 1-888-466-3456.
Risk and Uncertainties
Certain information contained in this press release which does not relate to historical financial information may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties that could cause our actual results in the future to differ materially from our historical results and those presently anticipated or projected. We wish to caution investors not to place undue reliance on any such forward-looking statements. Any forward-looking statements speak only as of the date on which such statements are made, and we undertake no obligation to update such statements to reflect events or circumstances arising after such date. Risk factors include our ability to successfully integrate acquisitions and achieve the anticipated benefits in a timely manner; our ability to successfully manage multiple brands globally; our ability to successfully defend our intellectual property rights, including the Memorex and TDK Life on Record brands and the Philips patent cross license; continuing uncertainty in global economic conditions and particularly U.S. conditions that make it difficult to predict product demand; the volatility of the markets in which we operate; our ability to meet our cost reduction and revenue growth targets; our ability to successfully implement our global manufacturing strategy for magnetic data storage products and changes to our R&D organization and to realize the benefits expected from the related restructuring; our ability to introduce new offerings in a timely manner either independently or in association with OEMs or other third parties; our ability to achieve the expected benefits from the Moser Baer and other strategic relationships and distribution agreements such as the GDM joint venture and Tandberg relationship; the competitive pricing environment and its possible impact on profitability and inventory valuations; foreign currency fluctuations; the outcome of any pending or future litigation; our ability to secure adequate supply of certain high demand products at acceptable prices; the ready availability and price of energy and key raw materials or critical components; the market acceptance of newly introduced product and service offerings; the rate of decline for certain existing products; the possibility that our goodwill or other assets may become impaired, as well as various factors set forth from time to time in our filings with the Securities and Exchange Commission.
Imation Corp.
CONTACT: Brad Allen, Vice President, Corporate Communications and Investor Relations of Imation Corp., +1-651-704-5818
Web site: http://www.imation.com/ http://www.xtrememac.com/
Expedia Corporate Travel Commits to Next Era of Innovation and Leadership With Egencia BrandStrength of Egencia brand signifies Expedia, Inc.'s commitment to the corporate travel space
BELLEVUE, Wash., June 30 /PRNewswire-FirstCall/ -- Expedia(R) Corporate Travel today announced that the company has updated its brand to clarify its promise to customers, business travelers, travel bookers, suppliers and partners. The company has become a strong, growing global business on a scale that warrants its own distinct brand. As part of this effort, Expedia Corporate Travel is changing its name to Egencia, an Expedia, Inc. Company.
The Egencia(TM) brand will serve as a platform to further define and differentiate how the company is pushing the industry forward and driving the next evolution for its customers. Whether arming travel managers with the most in-depth global reporting tools available in the marketplace or enhancing the business traveler experience through access to user-generated content, Egencia is dedicated to delivering results that matter to corporate travel clients. As the corporate travel brand within Expedia, Inc., the world's largest online travel marketplace, the company is paving the way for further growth and increased global competitiveness.
"We pride ourselves on our ability to adapt to our customers changing needs and deliver the services expected of a true business partner, and the Egencia brand reflects who we truly are as a company," said Jean-Pierre Remy, president of Egencia. "Having led innovation in the corporate travel industry, we see this as an opportunity to further define ourselves in the marketplace and set a foundation for further advancements in the years to come."
Egencia is also introducing new tools for business travelers, travel managers and travel bookers that truly transform the business of travel. As the fifth largest travel management company in the world, Egencia is known for taking great strides and delivering meaningful solutions that create true value for customers, suppliers and partners.
"Expedia Corporate Travel has had a huge impact on the corporate travel industry," said Dara Khosrowshahi, president and chief executive officer of Expedia, Inc. "As Egencia, the company has the platform to grow its position in the marketplace and further evolve to stay ahead of the competition. With Expedia, Inc.'s strength and support, this change elevates the company to a whole new level, a true win-win situation for Egencia, its customers and partners."
Improved Customer Experience
Egencia continues its strategy of smart and strategic innovation with today's announcement of new solutions and technologies that benefit travel bookers, business travelers and travel managers. In line with today's announcement, Egencia is introducing several tools:
-- SeatGuru(R) -- A color-coded interactive airplane seating charts that outline the pros and cons of different seats for over 275 airplanes and more than 40 airlines. Provided by a community of frequent business travelers, the integrated intelligence tool takes convenience and comfort factors -- such as legroom and ability to recline -- into account. This informative SeatGuru content is integrated within the seat selection process for travelers and their bookers to help make more informed decisions for flights.
-- Hotel Reviews -- Traveler feedback and commentary appears on the hotel search results page. A blend of leisure and business traveler feedback further enables Egencia customers to make better decisions by sorting choices by opinion rating and link to content from their My Itineraries page.
-- TripAdvisor(R) City Guides -- Gives Egencia business travelers access to detailed destination information from the largest travel community in the world.
"We led a paradigm shift within the industry five years ago when we launched our powerful self-booking platform, showing companies that they should expect more from their travel management company," said Remy. "That was just the beginning. With today's news, I want to send another loud and clear message: Egencia will continue driving innovation within the industry, not because of trends or the latest headlines, but through a focused and strategic approach. We never lose sight of the fact that we're in this business to deliver results that matter to our clients."
Maximizing Value
Egencia also remains focused on delivering outstanding value to corporations globally without compromising service. The introduction of several new tools devoted to this goal include:
-- Ticket Performance Report -- As part of Egencia's commitment to arming its customers with meaningful data to make real-time decisions, the company is adding an unused ticket performance report. This added functionality will help travel managers monitor their usage of unused ticket inventory, review tickets that are about to expire, evaluate lost credits and determine overall savings.
-- Customized Hotel Tools -- Powerful new tools that give travel managers the control they need at their fingertips to customize hotel policies. These tools allow them to easily configure how hotels are displayed based on preferred suppliers and deliver personalized messages to travelers.
-- Global Customer Service Support -- Egencia continues to invest in delivering strong, globally consistent customer service. By measuring the performance of its travel consultants down to the individual level, the company brings additional accountability and oversight to a travel program, ensuring that travelers receive the same quality experience time after time, wherever they travel with Egencia.
-- Egencia(TM) Preferred Program -- Egencia is dedicated to negotiating unique rates and services on behalf of its customers that would not otherwise be available. As part of this effort to pass savings on to business travelers and corporations globally, the Egencia Preferred Program is expanding beyond hotel rates to include air and car rates.
"Expedia Corporate Travel has been a key partner for Continental in reaching additional business travelers around the world, allowing us the opportunity to promote our quality service and products to ECT's very valuable client base," said Dave Hilfman, Senior Vice President of Worldwide Sales, Continental Airlines. "As Egencia, the company will continue to be an integral part of our long-term distribution strategy, particularly in light of their strong management team, superior technology and ability to provide true value to our mutual customers."
Expanding Global Footprint
Egencia integrates the components of business travel so that companies can maintain a global edge. A global view combined with a deep knowledge of local markets ensures that our customers have the support they need where it matters. To this aim, Egencia Canada has entered into an agreement regarding the acquisition of Mississauga, Ontario-based Synergi Global Travel Management, a leading Canadian corporate travel management, meetings and incentives company.
The acquisition builds upon Egencia's existing presence in Canada and expands on its current strong service and product offering to Canadian business travelers and companies who do business on a local and global scale. It will enhance Egencia's existing team with additional experienced corporate travel professionals and expand its customer base with key clients.
About Egencia, an Expedia, Inc. Company
Egencia is the fifth largest travel management company in the world. As part of Expedia, Inc., , the world's largest travel marketplace, Egencia helps business get ahead by offering the only truly integrated corporate travel service. Egencia's industry expertise and the partnerships the company has built help drive results that matter, delivering meaningful advancements that have a real impact. By combining a powerful offline and online service, Egencia delivers a complete corporate travel offering supported by global market expertise and a best-in-class technology platform.
For more information, go to Egencia.com.
Expedia, Expedia.com, Expedia Corporate Travel and Egencia are either registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other countries. TripAdvisor and SeatGuru are either registered trademarks or trademarks of TripAdvisor LLC in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners.
(C) 2008 Expedia, Inc. All rights reserved. CST# 2029030-40, 2083922-50.
Expedia Corporate Travel; Egencia, an Expedia, Inc. Company
CONTACT: Jordan Rittenberry of Edelman, +1-312-233-1226, Jordan.Rittenberry@Edelman.com, for Egencia, an Expedia, Inc. Company
Web site: http://www.expediacorporate.com/
Rainmaker Expands Lead Development Solution for Global Enterprise Data Solutions ProviderExtends Pilot Program to Year-Long Contract for Outsourced Sales and Marketing Services
CAMPBELL, Calif., June 30 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions combining hosted application software and execution services, today announced that it has signed a one year contract for outsourced sales and marketing services, extending and expanding its client relationship with a global leading provider of enterprise data software and solutions. The expanded contract is based on the success of an initial pilot program under which Rainmaker initially provided its lead development services for this Client.
The Client currently leverages Rainmaker's lead development services to seamlessly extend the reach and effectiveness of its inside sales and marketing efforts. In the process, the Client has gained immediate access to Rainmaker's experience to accelerate its time to revenue. As part of the agreement, Rainmaker will generate, qualify and develop sales-ready leads for the Client's outside sales team to close, including all tradeshows, seminars, webinars and inbound web and chat inquiries.
Before selecting Rainmaker's services, the Client followed a traditional sales model that required its inside sales team to identify and develop leads and convert them to prospects. Transitioning to Rainmaker's outsourced solutions gives the Client a highly responsive, flexible and scalable inside sales team that has the proven ability to deliver higher conversion rates for sales leads and provide more VP level and senior decision-maker appointments per month.
"This new business agreement represents another strong endorsement of Rainmaker's fully integrated combination of technology, data and expertise," said Michael Silton, Rainmaker's CEO. "Our customers trust us to jumpstart their sales by reaching the right targets with the right message at the right time in the sales cycle."
About Rainmaker
Rainmaker Systems, Inc. delivers sales and marketing solutions, combining hosted application software and execution services designed to drive more revenue for our clients. Our Revenue Delivery Platform(SM) combines proprietary, on-demand application software and advanced analytics with specialized sales and marketing execution services. Rainmaker clients include large enterprises in a range of industries, including computer hardware and software, telecommunications, and financial services industries. For more information, visit http://www.rainmakersystems.com/ or call 800-631-1545.
NOTE: Rainmaker Systems, the Rainmaker logo, Sunset Direct and Contract Renewals Plus are registered with the U.S. Patent and Trademark Office. All other service marks or trademarks are the property of their respective owners.
This press release contains forward-looking statements regarding future events. These forward-looking statements are based on information available to Rainmaker as of this date and they assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially from current expectations. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are general market conditions, unfavorable economic conditions, our ability to execute our business strategy, our ability to integrate acquisitions without disruption to our business, the effectiveness of our sales team and approach, our ability to target, analyze and forecast the revenue to be derived from a client and the costs associated with providing services to that client, the date during the course of a calendar year that a new client is acquired, the length of the integration cycle for new clients and the timing of revenues and costs associated therewith, our client concentration given that we are currently dependent on a few significant client relationships, our ability to expand our channel hosted contract solution and drive adoption of this solution by resellers, potential competition in the marketplace, the ability to retain and attract employees, market acceptance of our service programs and pricing options, our ability to maintain our existing technology platform and to deploy new technology, our ability to sign new clients and control expenses, the possibility of the discontinuation and/or realignment of some client relationships, the financial condition of our clients' businesses, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including our filings on Forms 10-K and 10-Q.
Rainmaker Systems, Inc.
CONTACT: Steve Valenzuela, Chief Financial Officer of Rainmaker Systems, Inc., +1-408-626-2439, stevev@rmkr.com; or Todd Kehrli, or Jim Byers, Investor Relations, both of MKR Group, Inc., +1-323-468-2300, rmkr@mkr-group.com, for Rainmaker Systems, Inc.
Web site: http://www.rainmakersystems.com/
New Era Solutions Strengthens Its Enterprise and SMB Advanced Business Solutions Offering Through a Technology-Reseller Agreement With Magic SoftwareSystem Integrator and Partner Joins Magic Software's Ecosystem of Over 2000 Partners Worldwide That use and Resell eDeveloper Application Platform and iBOLT Business Integration Solutions
OR YEHUDA, Israel, June 30 /PRNewswire-FirstCall/ -- Magic Software Enterprises Ltd. (http://www.magicsoftware.com/) , a provider of business integration, application development and deployment tools, today announced a reseller agreement with New Era Solutions Consulting (http://www.newerasolutions.com/), a systems integrator and total solution provider based in New York City. New Era Solutions is reselling and supporting Magic Software's eDeveloper application platform (http://www.magicsoftware.com/76-en/products.aspx) and iBOLT business integration suite (http://www.magicsoftware.com/78-en/products.aspx).
New Era Solutions specializes in business performance management, sales and customer relationship management, and technology solutions that support business goals. Its customer base is comprised of Fortune 500 and other financial services and insurance companies.
"Adding Magic Software's entire product suite to our offering really strengthens our solutions overall to our customers," said Mayer Schmukler, President of New Era Solutions. "Our decision to increase our commitment to Magic Software's technology is based on our belief in the technology vision that Magic Software is providing to the industry."
Magic Software works with thousands of independent software vendors (ISVs) that use and resell the eDeveloper application platform, as well as hundreds of business partners that use and resell the iBOLT business integration suite. In addition to providing advanced technology functionality, the company is opening a new channel opportunity for partners by letting them sell Magic Software's technology directly to their respective customers and partners.
"I am very pleased with our business partnership with New Era Solutions," said Regev Yativ, president and chief executive officer of Magic Software Americas Operations. "Their expertise and savvy knowledge of Magic Software and our products make them an ideal partner for us at this time."
According to Yativ, "By utilizing and reselling Magic Software's application platform and integration solutions, New Era Solutions is offering its customers a more cost effective, reliable and secure approach to their business systems. A growing trend among our business partners is that they are moving away from an ISV or system integration partner model and more towards becoming resellers of Magic Software's technology stack. Our partners understand the benefits of our products best, so together we help extend the reach of Magic Software's eDeveloper and iBOLT technology solutions."
About New Era Solutions
New Era Solutions is a total solutions provider and systems integrator with a unique, holistic approach to assisting clients. Based in New York City, New Era Solutions offers both packaged applications and custom application development and integration solutions. For more information, please visit http://www.newerasolutions.com/.
About Magic Software Enterprises Magic Software Enterprises Ltd. is a leading provider of business integration, application development and deployment tools. Magic Software has a presence in over 50 countries as well as a global network of ISV's, system integrators, value-added distributors and resellers, and consulting and OEM partners. The company's award-winning code-free solutions give partners and customers the power to leverage existing IT resources, enhance business agility and focus on core business priorities. Magic Software's technological approach, product roadmap and corporate strategy are recognized by leading industry analysts. Magic Software has partnerships with global IT leaders including SAP AG, Salesforce.com, IBM and Oracle. For more information about Magic Software Enterprises and its products and services, visit http://www.magicsoftware.com/.
The company's North American subsidiary is located at 23046 Avenida de la Carlota, Suite 300, Laguna Hills, Calif. Contact may be made by telephone at +1-800-345-6244 or +1-949-250-1718 or on the web at http://www.magicsoftware.com/ or info@magicsoftware.com.
Except for the historical information contained herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based upon a number of factors including, but not limited to, risks in product and technology development, market acceptance of new products and continuing product conditions, both here and abroad, release and sales of new products by strategic resellers and customers, and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission
Media contact:
Cathy Caldeira
Metis Communications
Tel: +1-617-236-0500
magicsoftware@metiscomm.com
Magic Software Enterprises Ltd
CONTACT: Cathy Caldeira, Metis Communications, +1-617-236-0500, magicsoftware@metiscomm.com
Web site: http://www.magicsoftware.com/ http://www.newerasolutions.com/
Bruce Springsteen and the E Street Band Perform Songs Live From Europe July Fourth Only on Sirius Satellite RadioE Street Radio Channel Celebrates With Special Broadcast and Live Performance From the Band's Current Tour
NEW YORK, June 30 /PRNewswire-FirstCall/ -- SIRIUS Satellite Radio will broadcast exclusively from a concert performance by Bruce Springsteen and the E Street Band live in Goteborg, Sweden. The rare broadcast event will air exclusively on E Street Radio channel 10 on Friday, July 4th. Coverage will begin at 1 pm ET.
(Logo: http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125 )
SIRIUS host and Bruce Springsteen biographer Dave Marsh will lead the special broadcast of a live July 4th-themed show, and will segue into the concert in Sweden to bring listeners selected live songs performed by Bruce Springsteen and the E Street Band.
Springsteen and the E Street Band are currently on tour in Europe in support of their twenty-third album, Magic (Columbia Records), which debuted in October 2007 at number one on Billboard's Top 200 Albums Chart. The band will wrap up their 2007-08 series of concerts with twelve U.S. dates, and by the last show in Milwaukee on August 30, Springsteen and the band will have performed 100 concerts for over two million fans around the world.
"SIRIUS' E Street Radio is proud to allow the listeners of E Street Radio a special treat for this Fourth of July," said Scott Greenstein, President, Entertainment and Sports, SIRIUS. "This unforgettable event will give SIRIUS listeners across the country a rare all-access pass to hear one of music's most mesmerizing live performers."
SIRIUS recently extended the run of E Street Radio through mid-2009. This is the second time SIRIUS has extended the popular music channel's limited run. SIRIUS listeners have unprecedented access to all the music of Bruce Springsteen and the E Street Band, including exclusive concert broadcasts, rare archival recordings as well as insider reports and breaking news. To learn more about the E Street Radio channel on SIRIUS, please visit http://www.sirius.com/estreetradio.
About SIRIUS
SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL and NASCAR, and broadcasts live play-by-play games of the NFL as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.
SIRIUS Internet Radio (SIR) is an Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 80 channels of talk, entertainment, sports, and 100% commercial free music.
SIRIUS Backseat TV (TM) is the first ever live in-vehicle rear seat entertainment featuring three channels of children's programming, including Nickelodeon, Disney Channel and Cartoon Network, for the subscription fee of $6.99 plus applicable audio subscription fee.
SIRIUS products for the car, truck, home, RV and boat are available at shop.sirius.com and in more than 20,000 retail locations, including Best Buy, Circuit City, Crutchfield, Target, Wal-Mart, Sam's Club and RadioShack.
As of December 31, 2007, SIRIUS radios were available as a factory and dealer-installed option in 116 vehicle models and as a dealer only-installed option in 37 vehicle models.
SIRIUS has agreements with Aston Martin, Audi, Automobili Lamborghini, Bentley, BMW, Chrysler, Dodge, Ford, Jaguar, Jeep, Kia, Land Rover, Lincoln, Maybach, Mazda, Mercedes-Benz, Mercury, MINI, Mitsubishi, Rolls-Royce, Volvo, and Volkswagen to offer SIRIUS radios as factory or dealer-installed equipment in their vehicles. SIRIUS has relationships with Toyota and Scion to offer SIRIUS radios as dealer-installed equipment, and a relationship with Subaru to offer SIRIUS radios as factory or dealer-installed equipment. SIRIUS radios are also offered to renters of Hertz vehicles at airport locations nationwide.
Click on http://www.sirius.com/ to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.
Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2007 filed with the Securities and Exchange Commission. Among the significant factors that could cause our actual results to differ materially from those expressed are: our pending merger with XM Satellite Radio Holdings, Inc. ("XM"), including related uncertainties and risks and the impact on our business if the merger is not completed; any events which affect the useful life of our satellites; our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming providers; and our competitive position versus other audio entertainment providers.
MEDIA CONTACT:
Sal Resendez
SIRIUS
646 313 2405
sresendez@siriusradio.com
Photo: http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125
SIRIUS
CONTACT: Sal Resendez of SIRIUS, +1-646-313-2405, sresendez@siriusradio.com
Web site: http://www.sirius.com/ http://www.sirius.com/estreetradio http://shop.sirius.com/
STMicroelectronics Announces Further Advances in Corporate Responsibility During 2007
GENEVA, June 30 /PRNewswire-FirstCall/ -- STMicroelectronics , one of the world's leading semiconductor manufacturers, has announced the publication of the Company's 2007 Corporate Responsibility Report, which is available for download at http://www.st.com/cr. The report, which covers all of ST's activities and sites in 2007, contains detailed indicators of the Company's performance across the full range of Social, Environmental, Health & Safety, and Corporate Governance issues and reaffirms ST's long-established commitment to serving its stakeholders with integrity, transparency and excellence.
The report clearly demonstrates the scope and success of ST's Sustainable Excellence program, an evolution of TQM (Total Quality Management) culture designed to embed Corporate Responsibility at every level of the Company's activities. The term 'Sustainable Excellence' reflects ST's belief in its ability to balance and respond to stakeholders' expectations in the short and long term to make the Company "sustainable" -- successful now and in the future -- and enable it to contribute to sustainable development at a global level.
Performance highlights in 2007
Comprehensively deployed throughout the Company's sites around the world in 2007, the Sustainable Excellence program has contributed to ST's ability to grow faster than the other top ten semiconductor manufacturer in 2007 while continuing to make significant progress in multiple areas of Corporate Responsibility, including:
-- Around 95% of employees were trained in Corporate Responsibility and all managers have received additional training in compliance and ethics;
-- A Corporate Ethics Committee was established in July 2007 and a Chief Compliance Officer was appointed in December 2007;
-- Further reductions in energy consumption per unit produced means that energy per unit is now 50% of the baseline 1994 level. In water consumption, ST also continued to make excellent progress and has reduced its water consumption per unit of production by an average of 9% per year since 1994;
-- In greenhouse gas emissions, 2007 was a record-breaking year, with ST achieving an impressive 20% reduction in net greenhouse gas emissions. Direct net emissions due to the use of PFCs also decreased by 33%;
-- The Company has deployed its health plan worldwide so that every ST employee, wherever they are located in the world, now has access to the same medical follow-up;
-- In the field of Health & Safety, ST's severity rate for work-related injuries and illnesses decreased by 24% in 2007 compared with 2006, well above the Company's 10% target;
-- The ST Foundation provided IT training for over 10,000 people in deprived city areas or remote settlements in Morocco alone, in addition to its operations in countries such as India, Malaysia, Ethiopia and Uganda.
"We are delighted, although not unduly surprised, at the enthusiasm with which our Sustainable Excellence program has been embraced by all of our people worldwide," said Georges Auguste, Executive Vice President, Total Quality and Corporate Responsibility. "We were proud to play a pioneering role in demonstrating that 'Green is Black;' environmental responsibility delivers real financial benefits. Now we are demonstrating that the same is true of every aspect of Corporate Responsibility."
In fact, the report shows that ST not only maintained its continuous improvement in all of the Company's traditional areas of excellence in Corporate Responsibility, such as environment, product responsibility, employee well-being, and community involvement, but is also performing strongly in newer aspects that are becoming increasingly important to stakeholders. These include Health & Safety, implementation of human rights, responsible restructuring and management of Corporate Responsibility in the supply chain.
For example, ST is an active participant in the Electronic Industry Citizenship Coalition (EICC), in which leading electronics companies collaborate to help ensure safe conditions, worker rights and environmental responsibility in the global electronics supply chain. In 2007 ST also deepened its focus on human rights in business as a participant in Entreprises pour les Droits de l'Homme (EDH), an initiative inspired by the Business Leaders Initiative on Human Rights (BLIHR).
Product Responsibility
The report also highlights how Sustainable Excellence is embedded in ST's core business through advances in the area of Product Responsibility, which covers both quality and responsible environmental and social applications of ST products, including, in particular, energy-saving products and healthcare; the chemical content of our products; and restricted military use of ST products.
ST is a world leader in power management and has developed many products that help reduce residential and industrial energy consumption, which together represent 74% of overall energy consumption worldwide. The Company is also taking advantage of its strong position in the automotive market segment to develop applications for improved fuel consumption.
Some concrete examples provided in the report include:
-- Refrigerators: Replacing a traditional thermostat with an ST electronic sensor, and driving the compressor with ST's intelligent power management device, can reduce energy consumption by 40%, which is equivalent (on average) to 250 kWh/year.
-- Electric power steering: ST has solutions to replace hydraulic pumps in car steering systems that will result in energy savings with zero consumption when no force is applied to the steering wheel. The fuel saving impact is about 0.17 litres of fuel per 100 km.
-- Electrical heating: Here, again, intelligent power management devices provided by ST can help reduce consumption by 30%, resulting in savings of 500 to 600 kWh/year for each electrical heater.
-- Start and stop: ST has developed a solution in a new combined starter and alternator that will start and stop a car engine and save fuel when driving in an urban environment. The impact on consumption is quite high, with fuel savings of up to 15% in some cases.
ST is also capitalizing on its broad technology portfolio to develop innovative solutions for the healthcare market. These will improve the efficiency of medical diagnosis and treatment, but also -- thanks to the lower cost of these new technologies -- will help bring state-of-the-art medical equipment to less-developed countries.
ST's Principles for Sustainable Excellence clearly state that the Company will not sell products to a customer if it knows that they are to be included in weapons. In 2007 the Corporate Ethics Committee widened the definition of weapons to include not only "any instrument or application whose primary purpose is to kill human beings" but also any associated launch devices or guidance systems.
"The link between ethics and operations is not always simple and straightforward: it takes a lot of work to design the processes and the systems to 'lock' the two worlds of high-level values and actual practices together, but this work is necessary to build robust management systems," noted Auguste. "We are glad and encouraged to see that our society has reached a turning point where the need for Corporate Responsibility is no longer questioned. Being responsible is a matter of personal dignity and it is a prerequisite for doing sustainable business."
About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2007, the Company's net revenues were $10 billion. Further information on ST can be found at http://www.st.com/.
STMicroelectronics
CONTACT: Michael Markowitz of STMicroelectronics, +1-212-821-8959, michael.markowitz@st.com
Web site: http://www.st.com/ http://www.st.com/cr
United Kingdom's ntl:Telewest Business Selects Amdocsntl:Telewest Business, part of the Virgin Media Group, awards Amdocs a multi-year contract for software and services
ST. LOUIS, June 30 /PRNewswire-FirstCall/ -- Amdocs , the leading provider of customer experience systems, today announced that ntl:Telewest Business, part of the Virgin Media Group, has selected Amdocs to provide software and services as part of a strategic transformation project. Amdocs software will replace legacy systems and integrate others across its business, to establish a single way of delivering services to its customers.
ntl:Telewest Business has a vast nationwide Next Generation Network that provides businesses, public sector organizations and service providers across the UK with a complete portfolio of advanced data, Internet and voice services. The 13 billion pounds Sterling (approximately 25.6 billion USD) network is flexible, scalable and is already built out to more than 38,000 street cabinets across the UK.
About Amdocs Customer Experience Systems (CES)
Amdocs CES, introduced in January 2008, is an integrated portfolio that delivers the operating environment service providers need to transform from providers of utility voice, data and video services into purveyors of the digital lifestyle. Amdocs CES allows providers to deliver an optimal customer experience -- personalized, participatory and timely across any service, location and device. The Amdocs CES portfolio leverages Amdocs business process best practices based on real-world scenarios, and transcends traditional business support systems (BSS), operations support systems (OSS) and service delivery platforms (SDPs) to enable service providers to address both current and emerging customer experience business processes. Amdocs' unique business model focuses on enabling its customers to create differentiation and build brand, loyalty, profitability and competitive leadership.
About Amdocs
Amdocs is the market leader in customer experience systems innovation, enabling world-leading service providers to deliver an integrated, innovative and intentional customer experience(TM) at every point of service. Amdocs provides solutions that deliver customer experience excellence, combining the software, service and expertise to help its customers execute their strategies and achieve service, operational and financial excellence. A global company with revenue of $2.84 billion in fiscal 2007, Amdocs has more than 17,000 employees and serves customers in more than 50 countries around the world. For more information, visit Amdocs at http://www.amdocs.com/.
Amdocs Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business segments it serves, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future, however the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2007, filed on December 3, 2007, and in our quarterly 6-K furnished on February 11 and May 6, 2008.
Garland Harwood
Weber Shandwick for Amdocs,
Tel: 1-212-445-8373,
E-mail: gharwood@webershandwick.com
Amdocs
CONTACT: Garland Harwood of Weber Shandwick for Amdocs, +1-212-445-8373, gharwood@webershandwick.com
Web site: http://www.amdocs.com/
Overland Acquires Adaptec's Snap Server NAS Business to Further Extend the Reach of Its End-to-End Data Protection OfferingsTop-Selling NAS Servers Will Enhance Overland's Growth as the Premier Provider of Data Protection Solutions
SAN DIEGO, June 30 /PRNewswire-FirstCall/ -- Overland Storage, Inc. today announced that it has acquired the Snap Server NAS business from Adaptec Inc. , including the brand and all assets related to Snap Server networked and desktop storage appliances. The acquisition extends Overland's vision, reach and strategy for delivering end-to-end data protection to its customers and partners with the addition of best-in-class NAS and replication solutions. The net purchase price was $3.6 million, with $2.1 million paid in cash upon closing of the transaction, and the remainder to be paid in 12 months.
The Snap Server product line broadens Overland's capabilities by adding distributed NAS while also strengthening central and remote office data protection. Snap Server leads the NAS market with more than 200,000 units shipped. The acquisition will enable Overland to address the $1.2 billion SMB NAS market, which according to IDC continues to grow by at least 15 percent annually. The features and functions of the Snap Server product line position it well to target the three fastest growing market segments: distributed NAS, centralized data protection for remote sites and backup to disk.
This acquisition enables Overland to provide its customers and partners with much-needed NAS functionality that complements the company's well established REO(R) disk-based backup VTL, NEO(R) and ARCvault(TM) tape automation products along with ULTAMUS(R) RAID general-purpose SAN storage. The addition of the Snap Server business is important to Overland in a number of ways. First, it adds a best-in-class distributed NAS offering to the company's product portfolio, helping Overland achieve its goal of providing "end-to-end data protection solutions" to SMB customers and distributed enterprises. Second, the acquisition immediately adds approximately $18 million in annual revenue to the company's run rate, which should provide Overland with the ability to leverage its existing sales force, marketing resources and infrastructure. Finally, the acquisition contributes a significant amount of proprietary intellectual property (IP), which should strengthen the company's intrinsic value, along with a strong and cohesive development team to promote further growth of the Snap Server product line.
"We believe that the cross-pollination of existing Overland IP with the Snap Server IP will yield innovative features and products that will strengthen all our product offerings individually, as well as improve their interoperability," said Vern LoForti, president and CEO of Overland Storage. "Snap Servers are pervasive in the marketplace and we intend to leverage this position to continue the Snap tradition of simple, reliable, easy-to-use appliances. We also plan to extend the Snap reach by exploring emerging market segments such as the ever-increasing demands for high-performance, cost-effective, scalable file-based storage to accommodate the rapid rise of video surveillance and video archiving applications. Although the acquisition initially will negatively impact our P&L, our goal is to make the Snap business cash-flow positive by the third quarter of our fiscal year ending June 30, 2009."
"The sale of the Snap Server business allows us to focus on strengthening our leadership position in the Unified Serial RAID controller business, leverage our iSCSI assets and continue to streamline the company's operations," said S. "Sundi" Sandaresh, president and chief executive officer, Adaptec Inc. "We are extremely pleased to sell the Snap Server NAS business to Overland; its management team shares Adaptec's commitment to product quality, technology development and customer service."
Snap Servers featuring NAS functionality-specifically, Snap Server 650, Snap Server 520, Snap Server 410, Snap Server 210 and Snap Server 110-provide expandable capacity from 1TB to 88TBs with a combination of SATA and SAS drives. In addition to these products, Overland also acquired the proprietary Snap Server GuardianOS operating system and all licenses, patents, inventories and fixed assets relating to the Snap business. Overland will assume all Snap customer support obligations. Also, the Milpitas, Calif.-based Snap Server team of approximately 50 people will be joining Overland, including sales, marketing, engineering and support. All existing Snap Server customers will continue to receive full service and support.
Additional information will be provided in a Form 8-K to be filed with the Securities and Exchange Commission in connection with the transaction, as well as during Overland's fiscal 2008 fourth quarter conference call currently scheduled for August 7, 2008.
About Overland Storage
Overland Storage is a market leader and innovative provider of smart, affordable data protection appliances that help midrange and distributed enterprises ensure business-critical data is constantly protected, readily available and always there. Overland's award-winning products include NEO SERIES(R) and ARCvault(TM) tape libraries, REO SERIES(R) disk-based appliances with Virtual Tape Library (VTL) capabilities, ULTAMUS(R) RAID SAN-based appliances and Snap Server NAS-based appliances. Overland sells its products through leading OEMs, commercial distributors, storage integrators and value-added resellers. For more information, visit Overland's web site at http://www.overlandstorage.com/
Except for the factual statements made herein, the information contained in this news release consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as "will", "believe," "hopes," "intends," "estimates," "expects," "projects," "plans," "anticipates" and variations thereof, identify forward-looking statements, but their absence does not mean that a statement is not forward looking. Such forward-looking statements are not guarantees of performance and the company's actual results could differ materially from those contained in such statements. Factors that could cause or contribute to such differences include the inherent and significant risks of integrating a new acquisition, possible delays in new product introductions and shipments; market acceptance of the company's new product offerings; the ability to maintain strong relationships with branded channel partners; the timing and market acceptance of new product introductions by competitors; worldwide information technology spending levels; unexpected shortages of critical components; rescheduling or cancellation of customer orders; loss of a major customer; general competition and price pressures in the marketplace; the company's ability to control costs and expenses; and general economic conditions. Reference is also made to other factors detailed from time to time in the company's filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this release and the company undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.
Overland, Overland Storage, REO SERIES, REO, NEO SERIES, NEO, ARCvault SERIES, ARCvault, ULTAMUS, and Snap Server are trademarks of Overland Storage, Inc.
Overland Storage, Inc.
CONTACT: Sue Hetzel of HetzelMeade Communications, +1-760-434-9927, sue@hetzelmeade.com
Web site: http://www.overlandstorage.com/
Incentra Solutions Holds Annual Meeting of Stockholders
BOULDER, Colo., June 30 /PRNewswire-FirstCall/ -- Incentra Solutions, Inc. (BULLETIN BOARD: ICNS) today announced that it held its Annual Meeting of Stockholders on Friday, June 27, at the Boulderado Hotel in Boulder, CO, as scheduled. A quorum of stockholders was present in person or by proxy.
The business items voted on and approved at the Meeting included the election of four directors; the approval of the Company's 2008 Equity Incentive Plan; the approval of the Company's Employee Stock Purchase Plan and the appointment of GHP Horwath, P.C., independent registered public accountants, as the Company's independent auditors for the fiscal year ended December 31, 2008.
The directors reelected to the Board for the next year are Thomas P. Sweeney III, James Wolfinger, Robert S. Kocol, and Thomas G. Hudson. Previously appointed by the holders of the Series A Preferred Stock, David E. Weiss and Carmen J. Scarpa, continue to serve as Directors. Please refer to Incentra's 10-K or S-1/A filings for complete biographies of the Company's Directors.
About Incentra Solutions, Inc.
Incentra Solutions, Inc. (http://www.incentrasolutions.com/) (OTCBB:ICNS) is a provider of complete IT solutions and services to enterprises and managed service providers in North America and Europe. Incentra's complete solution includes managed services, professional services, hardware and software products with the Company's First Call and Enhanced First Call support services, IT outsourcing solutions and financing options.
Contacts:
Jill Bertotti Matt Richman
Allen & Caron Inc Incentra Solutions, Inc.
jill@allencaron.com mrichman@incentrasolutions.com
(949) 474-4300 (303) 449-8279
Incentra Solutions, Inc.
CONTACT: Jill Bertotti of Allen & Caron Inc, +1-949-474-4300, jill@allencaron.com, for Incentra Solutions, Inc.; or Matt Richman of Incentra Solutions, Inc., +1-303-449-8279, mrichman@incentrasolutions.com
Web site: http://www.incentrasolutions.com/
ViewCast(R) Joins Partner Initiative to Deliver Next Generation Cross-Platform MediaViewCast Solutions to Deliver High-Quality, High-Resolution Live Streaming with the Newest Rich-Media Capabilities
PLANO, Texas, June 30 /PRNewswire-FirstCall/ -- ViewCast Corporation (BULLETIN BOARD: VCST) , a leading global provider of streaming hardware and software solutions, today announced it has joined the Microsoft(R) Silverlight(TM) Partner Initiative to deliver the next generation of .NET-based media over the Internet.
By utilizing Windows Media/VC-1 format, the ViewCast Niagara SCX(R) encoding platform can deliver streaming video and audio content to users of Silverlight, a cross-browser, cross-platform, and cross-device plug-in offering flexibility in Windows(R), Macintosh(R), and Linux(R) environments. ViewCast Osprey(R) video capture cards, including the latest PCI Express(R) cards, also support encoding using Microsoft Expression(R) Encoder software, part of the Expression product family.
"ViewCast has been a key part of the Windows Media/VC-1 streaming architecture for many years," said Steve Sklepowich, Group Product Manager at Microsoft. "And its Niagara encoders and Osprey cards fulfill a critical role in the creation of quality media content for delivery to Silverlight-powered user experiences. As a result, ViewCast is a welcome addition to the Silverlight Partner Initiative."
ViewCast President and Chief Operating Officer Dave Stoner commented, "The Silverlight enhancements are expected to not only broaden demand for ViewCast streaming hardware and software, but also add value for current customers and partners.
"Enabling Silverlight-compatible Internet video is a natural evolution of our long-standing VC-1 and Windows Media capabilities," Stoner continued. "With Windows Media/VC-1 capability, our powerful Niagara encoders deliver high quality, high-resolution live streaming plus the newest rich media capabilities that Silverlight offers. For customers using the Expression family of tools to create rich Web applications, our Osprey cards remain the hardware of choice for capturing media content from real-time broadcast sources."
ViewCast's flexible Niagara(R) SCX and Niagara SCX Pro(R) software enable users to set up and control Niagara streaming encoders remotely, throughout an enterprise or over the Internet. Niagara SCX Pro empowers users to remotely and simultaneously encode multiple streams at multiple bitrates in multiple resolutions and formats, including Microsoft Windows Media/VC-1, MPEG-4, Adobe(R) Flash(R) Live and more. Using the Niagara SCX Web Services interface, developers can integrate management and monitoring of all SCX-supported encoding formats through a single, unified interface.
For more information, visit http://www.viewcast.com/silverlight.
About ViewCast Corporation
ViewCast designs, manufactures and markets industry leading hardware and software solutions that enable users to capture, encode audio/video content for live video streaming and video-on-demand (VOD) delivery over IP and mobile networks. ViewCast products include the Niagara(R) Pro and portable Niagara GoStream(R) families -- all powered by renowned Osprey(R) video capture technology. ViewCast's software, including Niagara SCX(R), Niagara SCX SDK and Osprey SimulStream(R) provides remote system management, and enables Osprey and Niagara hardware to configure multiple, simultaneous multi-format, multi-bitrate, multi-resolution video streams. This array of tools empowers broadcasters, businesses, network service providers and government to expand their audience in the digital media market place. http://www.viewcast.com/
ViewCast(R), Osprey(R), Niagara(R), Niagara SCX(R), GoStream(R), SimulStream(R), and EZStream(R) are trademarks or registered trademarks of ViewCast Corporation or its subsidiaries. All other trademarks appearing herein are the property of their respective owners.
ViewCast Contact:
Jeff Kopang
Vice President,
Marketing
Tel: +1 (972) 488-7200
E-mail: jeffk@viewcast.com
PR Agency Contact:
David Netz
Wall Street Communications
Tel: +1 (303) 329-0359
E-mail: dave@wallstcom.com
Investor Contact:
Dan Matsui
Allen & Caron
Tel: +1 (949) 474-4300
E-mail: d.matsui@allencaron.com
ViewCast Corporation
CONTACT: Jeff Kopang, Vice President, Marketing of ViewCast Corporation +1-972-488-7200, jeffk@viewcast.com; or PR Agency Contact, David Netz of Wall Street Communications, +1-303-329-0359, dave@wallstcom.com; or Investors, Dan Matsui of Allen & Caron, +1-949-474-4300, d.matsui@allencaron.com, both for ViewCast Corporation
Web site: http://www.viewcast.com/
Adaptec Sells Snap Server NAS Business to Overland StorageAdaptec to Retain iSCSI Hardware and Software Products and Technology as Part of Long-Term Strategy
MILPITAS, Calif., June 30 /PRNewswire-FirstCall/ -- Adaptec Inc. , a global leader in storage solutions, today announced that it has sold its Snap Server NAS business, including the brand and all assets related to Snap Server networked and desktop storage appliances, to Overland Storage Inc. for a net consideration of $3.6 million. Under the terms of the agreement, Adaptec will retain ownership of all iSCSI-based hardware and software products and assets, which will be rebranded and managed by Adaptec.
"The sale of the Snap Server business allows us to focus on strengthening our leadership position in the Unified Serial RAID controller business, leverage our iSCSI assets and continue to streamline the company's operations," said S. "Sundi" Sundaresh, president and chief executive officer, Adaptec Inc.
"With the acquisition of the Snap Server storage appliances, Overland is well positioned to extend our end-to-end data protection offerings while also meeting our customers' and partners' growing needs for best-of-class, distributed NAS appliances," said Vern LoForti, president and chief executive officer, Overland Storage. "The award-winning Snap Server family complements our existing robust portfolio of disk-, tape- and SAN-based products to reinforce Overland's strength as a global leader in the growing data protection market. At the same time we are thrilled at the creative talent pool that will be joining our existing team in strengthening a truly world class organization."
Overland Storage will take over control of all existing Snap Server networked and desktop storage appliance assets including licenses, patents, existing product inventory and fixed assets and assume customer support obligations. Approximately 50 Adaptec employees will receive offers to join Overland Storage effective June 30, 2008. These employees will remain in the same facility in Milpitas, California which Overland is subleasing from Adaptec.
Today, Adaptec offers a comprehensive family of products built upon its Unified Serial(TM) Architecture that allows VARs, OEMs and IT organizations to create flexible storage solutions with cost-effective, high-capacity Serial ATA (SATA) disk drives, or high-performance Serial Attached SCSI (SAS) drives, or both, in a single storage system. In addition, Adaptec will continue to focus on iSCSI market opportunities, and the development of new technologies for integrating high-value, competitive advantages into its RAID controller and HBA products lines. It is also working to expand its global sales channels and strategic partnerships within the data storage ecosystem to increase its visibility in strategic markets.
Additional information will be provided in a Form 8-K that will be filed with the Securities and Exchange Commission in connection with these agreements, as well as during Adaptec's Q1 quarter 2009 conference call.
About Adaptec
Adaptec, Inc. provides trusted storage solutions that reliably move, manage, and protect critical data and digital content. Adaptec's software and hardware-based solutions are delivered through leading channel partners and Original Equipment Manufacturers (OEMs) to provide storage connectivity, data protection, and networked storage to enterprises, government organizations, medium and small businesses worldwide. More information is available at http://www.adaptec.com/.
Safe Harbor Statement
This news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements are statements regarding future events or the future performance of Adaptec or Overland Storage, and may be identified by words such as "expects," "anticipates," "will," "intends," "plans," "projects," "believes" and other words or phrases expressing the possibility or potential for events to occur in the future. These forward-looking statements are based on current expectations, forecasts and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. These risks include: if we do not meet our restructuring objectives, we may have to continue to implement additional plans in order to reduce our operating costs; achieving necessary support from the contract manufacturers to which we have outsourced manufacturing, assembly and packaging of our products; retaining key management; Adaptec's ability to launch new software products; difficulty in forecasting the volume and timing of customer orders; reduced demand in the server, network storage and desktop computer markets; our target markets' failure to accept, or delay in accepting, network storage and other advanced storage solutions, including our SAS, SATA and iSCSI lines of products; decline in consumer acceptance of our current products; the timing and volume of orders by OEM customers for storage products; our ability to control and manage costs associated with the delivery of new products; and the adverse effects of the intense competition we face in our business. For a more complete discussion of risks related to our business, reference is made to the section titled "Risk Factors" included in our Quarterly Report on Form 10-Q for the quarter ended December 31, 2007 on file with the Securities and Exchange Commission. Adaptec assumes no obligation to update any forward-looking information that is included in this release.
Adaptec is a registered trademark in the United States and other countries. Other product and company names are trademarks or registered trademarks of their respective owners.
Editorial Contact Investor Contact
Andrew Staples Nicole Noutsios
Walt & Company NMN Advisors
408.369.7200 x1056 510.451.2952
astaples@walt.com
Adaptec Inc.
CONTACT: Editorial, Andrew Staples of Walt & Company, +1-408-369-7200, ext. 1056, astaples@walt.com; or Investors, Nicole Noutsios of NMN Advisors, +1-510-451-2952
Web site: http://www.adaptec.com/
Novint and Valve Announce Agreement to Add Touch to Some of Best Rated Games of All TimeOver 15 Million Steam Users Gain Access to Novint Falcon Enabled Games
ALBUQUERQUE, N.M., June 30 /PRNewswire-FirstCall/ -- Novint Technologies, Inc. (BULLETIN BOARD: NVNT) , the pioneer of 3D touch for consumer computing, and Valve Corporation, one of the video game industry's leading entertainment software and technology companies, announced today that they have entered a strategic agreement to add Falcon support to a number of Valve's games.
The Novint Falcon is an entirely new type of interface for PC gaming. Essentially a small robot, the Falcon lets players feel high-fidelity three-dimensional touch in enabled games.
Valve's best selling game franchises, which account for over 30 million retail units sold worldwide and over 80% of the PC online action market, include Half-Life(R), which has won over 50 Game of the Year Awards, Counter-Strike(R), Portal(TM) and Team Fortress(R) 2. Valve is also the developer of leading-edge technologies, including the Source(R) game engine and Steam(R), a leading platform for digital content distribution with over 15 million registered users.
Valve president and co-founder, Gabe Newell, said, "Recently we've seen how new interfaces have changed gaming. The Falcon adds a new level of interaction for PC gaming, adding compelling force feedback while maintaining controls as accurate as a mouse, and now the millions of Steam gamers will have the chance to play, feeling this new type of experience."
Under the agreement, a new update will be distributed through Steam adding Novint Falcon compatibility for customers of The Orange Box, Counter-Strike: Source(R), the Half-Life 2 series (including Half-Life 2, Episode One, and Episode Two), Team Fortress 2, Portal(TM) and the highly anticipated Left 4 Dead(TM). Using the Falcon, players feel realistic game actions, objects, environments and force feedback. In First Person Shooter (FPS) games, users feel weapon recoil, enemy attacks, vehicle movement, and interactions with the environment. A special Falcon Orange Box bundle is planned for later this year. Novint will also soon release its must have Pistol Grip accessory, which replaces the standard Falcon grip to create an even more immersive FPS gaming experience.
"We're very excited to partner with a company so dominant in the PC game industry," said Novint CEO, Tom Anderson. "Their sustained excellence, best-selling games, enormous user base, and forward looking vision make them standard bearers for the industry. Integration with some of the best-selling and best-reviewed games of all time, along with access to millions of users on Steam, are significant milestones for Novint. Along with the introduction of the Novint Falcon Pistol Grip, we believe that FPS players using the Falcon will have the most compelling and immersive FPS experience to date."
Novint is currently taking advance reservations for a special Falcon Orange Box bundle, due later this year. The bundle will include the new Black Falcon, Pistol Grip, and a touch-enabled version of The Orange Box (a $248.98 value) for $189.99. Reservations may be placed on the company's website (http://www.novint.com).the/ Falcon is currently available nationwide for $189.99 at Tiger Direct, Fry's Electronics, J & R Music, CompUSA.com, CircuitCity.com, Amazon.com and Novint.com.
About Novint
Novint (NVNT) develops, markets, and licenses technology that adds high-fidelity interactive 3D touch to computing. For more information visit: http://www.novint.com/.
About Valve
Valve is an entertainment software and technology company founded in 1996 and based in Bellevue, Washington with offices in Irvine, CA. The company's portfolio of entertainment properties includes Half-Life(R), Counter-Strike(R), Day of Defeat(R), Team Fortress(R), Portal(TM) and Left 4 Dead(TM). Valve's catalog of products accounts for over 30 million retail units sold worldwide, and over 80% of PC online action gameplay. In addition, Valve is a developer of leading-edge technologies, such as the Source(R) game engine and Steam(R), a broadband platform for the delivery and management of digital content. For more information, please visit http://www.valvesoftware.com/.
This press release contains statements that constitute "forward-looking statements." Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. Factors that may cause or contribute to such differences include fewer sales than expected, changes in industry conditions, litigation, and other risk factors identified in the Company's Form 10KSB filed with the SEC. The Company undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this press release.
Novint Technologies, Inc.
CONTACT: Sabrina Cook of Novint Technologies, Inc., 1-866-204-9333, ext. 3, sabrina@novint.com; or Investor Relations, ir@novint.com, or US, Marvin Maslow, +1-917-923-3300, or Europe, Herbert Strauss, +43 316 296 316
Web site: http://www.novint.com/ http://www.valvesoftware.com/
More Than 1 Million Entrepreneurs Have Made Microsoft Office Live Small Business One of the Fastest Growing Web ServicesMore small-business owners are recognizing the need for a Web presence in today's digital world.
REDMOND, Wash., June 30 /PRNewswire-FirstCall/ -- Microsoft Office Live Small Business (http://www.smallbusiness.officelive.com/) has reached a pivotal milestone: In less than two years since its November 2006 commercial debut, the online service that helps entrepreneurs take, promote and manage their businesses online has surpassed more than 1 million subscribers. This milestone demonstrates that increasing numbers of small businesses -- particularly those with fewer than 10 employees, for which the Office Live Small Business service is specifically designed -- are realizing the importance of having a Web presence.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
Although Internet access is pervasive among U.S. small businesses, many very small businesses still lack a company Web site, signaling a strong opportunity for millions more to get online.(1) Today, as more and more consumers turn to the Web to search for products and services, small businesses are increasingly choosing to embrace the power of the Web through services such as Office Live Small Business, which has more than doubled its subscriber base in the past year alone.
"From the outset we knew we wanted to tailor Office Live Small Business to the smallest of small businesses because they have unique needs that were not being addressed by any other service at the time," said Baris Cetinok, director of product management, marketing and planning for Microsoft Office Live Small Business. "We focused on three key things: make the service easy to use, make it affordable and make it all work together."
Office Live Small Business customers who immediately saw the positive effects of having a Web presence are Mary Hetherington of Brentwood, Calif., who runs a women's health club called FitDimensions, Lisa Christian of Kirkland, Wash., who runs a yoga studio, and Afua Anim of Washington, D.C., who runs a boutique bakery.
During the construction leading up to FitDimensions' grand opening, Hetherington was able to open the club's virtual doors to prospective members (http://fitdimensions.com/). "People would e-mail me with questions through the link on our Web site, which made me very accessible," Hetherington said. "This accessibility was crucial to our presale efforts." More than two-thirds of the gym's current membership signed up during the presale campaign.
Christian is an Office Live Small Business customer who said envisioning a Web site was an integral part of the overall business planning process that went into launching her yoga studio, called Studio Be (http://yogastudiobe.com/). "Before I even signed the lease for my space I was thinking about how I was going to build my Web site and have an online presence." Christian says she updates her Web site daily and that more than 70 percent of her clients discover her through the Web.
Anim opened her bakery in 2006 and soon recognized that she also needed to be online (http://ameliascakes.com/). "In order for the business to grow I knew we needed to reach more customers," Anim said. "For us to get as much exposure as possible, we'd have to be online." Since then, her business has grown by 60 percent, with two-thirds of customers originating from the Web.
"We are able to entice small businesses to come to the Web by making the barriers so low, you can do it yourself and get started for free," Cetinok added. "Some of our most successful customers have told us that their Web site is their business. It's not about a static online brochure. When you have back-office tools that talk to your front-office Web presence, your online activities go to a whole new level and help you grow your business."
About Microsoft Office Live Small Business
Microsoft Office Live Small Business is the award-winning service that offers a complete, affordable set of easy-to-use Internet-based tools that help small-business owners get online, attract customers and manage their business. Office Live Small Business has more than 1 million customers in five countries: U.S., U.K., France, Germany and Japan. More information is available at http://www.smallbusiness.officelive.com/.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
(1) AMI Partners Inc., "Microsoft Office Live Small Business: A Pulse Check," April 2008
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Microsoft Corp.
CONTACT: Michele Nachum, +1-425-638-7000, mnachum@waggeneredstrom.com, or Rapid Response Team, +1-503-443-7070, rrt@waggeneredstrom.com, both of Waggener Edstrom Worldwide for Microsoft Corp.
Web site: http://www.microsoft.com/ http://fitdimensions.com/ http://yogastudiobe.com/ http://ameliascakes.com/
MIPS32(R) 24Kc(TM) Pro Cores Power Magnum Semiconductor's DX1 Family of Professional Video EncodersMagnum Also Leveraging MIPS(R) Probe Technology for Custom Debug Tools
MOUNTAIN VIEW, Calif., June 30 /PRNewswire-FirstCall/ -- MIPS Technologies, Inc. , a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, today announced that its synthesizable MIPS32(R) 24Kc(TM) Pro processor cores are powering current and future generations of Magnum Semiconductor's DX1 family of professional video encoders. Magnum also licensed MIPS' System Navigator(TM) JTAG probe technology to create custom debugging tools its customers can use to get DX1-based products to market faster.
"MIPS Technologies offers the processor cores of choice for the digital living room and beyond, with a great balance of high performance, low cost and low power consumption," said Bob Saffari, vice president of marketing for set-top and broadcast products at Magnum. "MIPS' 24Kc Pro cores help us provide the feature-rich devices our professional broadcast customers require. We are pleased to work with MIPS as we continue to develop new DX1 chips for a variety of applications."
Magnum's DX8110 Professional H.264 SD/HD Encoder and DX8112 Professional MPEG-2 SD/HD Encoder are the first two members of Magnum's sixth-generation DX1 family of video encoder products. Based on the Magnum Domino[X] media processor architecture, the DX8110 H.264 Encoder provides a scalable platform for full-featured broadcast solutions for H.264 IPTV and satellite encoder applications, while the DX8112 provides similar capabilities for digital cable infrastructure, legacy satellite and ATSC digital terrestrial broadcast encoder applications based on the MPEG-2 compression standard. The DX1 family allows system engineers to implement state-of-the-art MPEG-2 solutions for today's infrastructure, and quickly advance to H.264 for emerging opportunities with minimal impact on their overall system.
"We are pleased that an innovative company like Magnum is leveraging MIPS' processor cores and debug tools technology for its new family of professional video encoder products," said Brad Holtzinger, vice president of worldwide sales at MIPS Technologies. "Clearly the market for real-time video encoders is growing as HDTV and IPTV proliferate across products and platforms. We look forward to working with Magnum as it extends its DX1 family for this exciting market."
According to market research firm In-Stat, the MPEG encoder and transcoder market will reach 44,000 units in 2011, with the silicon TAM for real-time broadcast MPEG encoders reaching $134 million (U.S.) in 2008.
About the MIPS32(R) 24K(R) Core Family
The MIPS32 24K core family offers performance of over 600 MHz in a 90nm G process, while minimizing design time and reducing product costs. 24K processor cores are well-suited for embedded consumer applications including digital and interactive TVs, set-top boxes and DVD players. Their low power consumption also makes them ideal for battery-powered consumer electronics such as handheld phones and portable media players. Leveraging the CorExtend(R) capability of MIPS Technologies' Pro Series of cores, development teams can add their own instructions and functionality to their MIPS-Based(TM) SoCs, lowering development costs and accelerating their time-to-market.
About Magnum Semiconductor
Magnum Semiconductor is a leading provider of chips, software, and platforms for consumer entertainment systems and the professional broadcast infrastructure. Magnum provides the tools and technologies for recording, storing, managing, viewing, and exchanging audio and video throughout the home, and on the go. Magnum Semiconductor is headquartered in Milpitas, California, with sales and engineering offices in Canada, China, Japan, Korea, and Taiwan. Further information is available at http://www.magnumsemi.com/.
About MIPS Technologies, Inc.
MIPS Technologies, Inc. (NasdaqGS: MIPS) is the world's second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies is the only company that provides a combined portfolio of processors, analog IP and software tools for the embedded market. The company powers some of the world's most popular products for the digital entertainment, home networking, wireless, and portable media markets-including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Mountain View, California, with offices worldwide. For more information, contact (650) 567-5000 or visit http://www.mips.com/.
MIPS, MIPS32, 24K, 24Kc, CorExtend and MIPS-Based are trademarks or registered trademarks in the United States and other countries of MIPS Technologies, Inc. All other trademarks referred to herein are the property of their respective owners.
MIPS Technologies, Inc.
CONTACT: Jen Bernier of MIPS Technologies, Inc., +1-650-567-5178, jenb@mips.com
Web site: http://www.mips.com/
VASCO Ranks 5th in FORTUNE Small Business' Top 100 for Fast Growing Smaller Public Businesses.
OAKBROOK TERRACE, Ill. and ZURICH, Switzerland, June 30
/PRNewswire-FirstCall/ -- VASCO Data Security International, Inc. (http://www.vasco.com/ ), a leading software security company specializing in authentication products, today announced that it ranks 5th in FORTUNE Small Business' Top 100 list of America's fastest-growing small public companies.
For the compilation of the eighth annual list, FORTUNE Small Business worked with financial research firm Zacks, which ranked public companies with revenues of less than $200 million and a stock price of more than $1. All companies that met these criteria were ranked, 1-100, based on the past three years' earnings growth, revenue growth, and stock performance. The overall rank was based on the sum of these three ranks. Banks and real-estate firms were excluded from the list.
VASCO ranks 5th -- as to eleventh in 2007 -- and is the first technology and IT-company in FORTUNE Small Business' Top 100 list. "We see this great accomplishment as recognition for VASCO's sustained business success," said Jan Valcke, VASCO's President & COO. "This ranking illustrates VASCO's leading presence as a global market leader in strong authentication."
Currently, VASCO secures approximately 7,100 companies, including over 1,000 banks, against e-fraud in more than 100 countries.
About VASCO: VASCO is a leading supplier of strong authentication and e- signature solutions and services specializing in Internet Security applications and transactions. VASCO has positioned itself as a global software company for Internet Security serving a customer base of close to 7,100 companies in more than 100 countries, including more than 1,000 international financial institutions. VASCO's prime markets are the financial sector, enterprise security, e-commerce and e-government.
Forward Looking Statements
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.
For more information contact:
VASCO: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com
VASCO Data Security
CONTACT: Jochem Binst of VASCO, +32 2 609 97 00, jbinst@vasco.com
Web site: http://www.vasco.com/
Elbit Systems Acquires Electro Optic Research and Development Company Ltd.
HAIFA, Israel, June 30 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. announced the acquisition of all of the shares of Electro Optic Research and Development Company Ltd. ("EORD") from their former shareholders, Technion Research & Development Foundation Ltd. and Bynet Electronics Ltd., for a purchase price amount not material to Elbit Systems.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )
EORD is an Israeli company, engaged in research and development of acoustic and seismic sensors and systems for military and security applications.
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned air vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.
This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management's expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.
Contacts:
Company Contact:
Joseph Gaspar, Executive VP & CFO
Dalia Rosen, Head of Corporate Communications
Elbit Systems Ltd
Tel: +972-4-8316663
Fax: +972-4-8316944
E-mail: gspr@elbit.co.il
daliarosen@elbit.co.il
IR Contact:
Ehud Helft / Kenny Green
G.K. Investor Relations
Tel: +1-646-201-9246
E-mail: info@gkir.com
Photo: http://www.newscom.com/cgi-bin/prnh/20080408/300441
Elbit Systems Ltd
CONTACT: Contacts: Company Contact:, Joseph Gaspar, Executive VP & CFO, Dalia Rosen, Head of Corporate Communications, Elbit Systems Ltd, Tel: +972-4-8316663, Fax: +972-4-8316944, E-mail: gspr@elbit.co.il, daliarosen@elbit.co.il; IR Contact:, Ehud Helft / Kenny Green, G.K. Investor Relations, Tel: +1-646-201-9246, E-mail: info@gkir.com
Planar Introduces Indisys(TM) Director for Management of Control Room and Video Wall Displays
BEAVERTON, Oregon, June 30 /PRNewswire/ --
Planar Systems, Inc. (Nasdaq: PLNR), a worldwide leader in specialty
display solutions, announced a new image processing software that gives
international customers complete management of control room visual
information. Fully integrated with the industry's only in-cube processing
solution, the new Indisys(TM) Director supports Planar's ongoing strategy to
provide customers with turnkey offerings that simplify and enhance the
operation of specialty displays in demanding control room environments.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO)
Designed for a variety of applications including utility control rooms,
security and surveillance, traffic control, government, network operations
centers and emergency call centers, Indisys Director offers complete
end-to-end management of video and data acquisition, distribution and
display, making it a unique, cohesive solution that is customizable for
specific market needs.
Indisys Director helps improve workflow and productivity by providing
control over key data such as event triggers, drag and drop sources, presets,
and live source and video wall thumbnails. Additionally, Indisys Director
communicates with the Indisys in-cube processor in order to manage and
control the video wall itself. Indisys Director allows the operator to power
cubes on and off, launch Set it and Forget it (SiFi(TM)) Auto Color Balance
on the video wall, and report and respond to conditions such as system
temperature and lamp life.
"Integrators and end users are looking for a more efficient way to manage
mission-critical control room visual information, with a single point of
control over all elements of the video wall system," said Kristina K.
Gorriaran, vice president and general manager for Planar's Control Room and
Signage Business Unit. "Indisys Director's full source-to-pixel control is
designed to meet this need by consolidating more functionality into a single,
more intuitive management application."
Indisys Director is part of Planar's latest generation Indisys image
processing system that features Indisys Packet Protocol (IP2). IP2 a
high-speed digital transport protocol that helps automate set-up and
improves overall performance. Indisys with IP2 includes the industry's only
in-cube processor, which improves video wall control and simplifies cable
routing. The in-cube processor provides 4 PIP, freeze frame, image scaling,
visual filters, snapshots, display monitoring and management. Additionally,
Indisys IP2 self-discovers the Indisys image processing components in a
network in order to simplify initial set-up and configuration. Indisys IP2
provides more efficient use of bandwidth and digitizes and transports visual
data at a full 16Gbps while employing a parallel architecture allowing all
sources to be present anywhere on any size wall. These features enable
scalability to larger video wall systems.
Additional Indisys Director features:
-- Drag and drop sources and presets
-- Live source and video wall thumbnails
-- Web enabled system monitoring
-- Event triggers enabling work flow management for improved productivity
-- Full API for end user customization and integration with existing
systems
Indisys Director will be available in October 2008 through Planar's
Authorized Control Room Integrated Reseller Network. For more information
please visit http://www.planarcontrolroom.com.
About Planar
Planar Systems, Inc (Nasdaq: PLNR) is a global leader of specialty
display technology providing hardware and software solutions for the world's
most demanding environments. Hospitals, space and military programs, utility
and transportation hubs, shopping centers, banks, government agencies,
businesses, and home theater enthusiasts all depend on Planar to provide
superior performance when image experience is of the highest importance.
Founded in 1983, Planar is headquartered in Oregon, USA, with offices,
manufacturing partners, and customers worldwide. For more information, visit
http://www.planar.com.
Web site: http://www.planar.com
Planar Systems, Inc.
media, Jolanda Medendorp, +31 6 12969550, Jolanda.medendorp@planar.com, or Kim Brown, +1-503-748-6724, kim.brown@planar.com, or investors, Ryan Gray, +1-503-748-1100, ryan.gray@planar.com, all of Planar Systems, Inc.; Photo: http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
Planar Announces Three New Control Room and Public Display Solutions for European Market
BEAVERTON, Oregon, June 30 /PRNewswire/ --
- Company Introduces Planar Precision(TM) Electronics for Simplified
Advanced Image Calibration
Planar Systems, Inc. (Nasdaq: PLNR), a worldwide leader in specialty
display solutions, today announced three new displays featuring leading-edge
technology for optimum image quality. The Clarity x100HD, Clarity c80RP and
Planar m52L support the company's ongoing strategy to expand its line of
advanced display solutions for demanding government, utility, security,
transportation, broadcast and corporate environments.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO)
In addition, the company introduced Planar Precision(TM) electronics,
offering solid state image alignment and electronic uniformity correction.
These innovations, along with other proprietary technology like Set it and
Forget it (SiFi(TM)) automatic color and brightness balancing, make it easier
for end-users to establish and maintain a precisely aligned, balanced and
uniform image on Clarity DLP(R) rear projection video walls.
"These latest offerings demonstrate Planar's continued commitment to the
development of high-value, large-format display solutions for the European
marketplace," said Kristina K. Gorriaran, vice president and general manager
for Planar's Control Room and Signage Business Unit. "The x100HD, c80RP, m52L
and Planar Precision electronics expand upon our existing lines to offer AV
integrators and end-users unprecedented display options and the tools to
optimize them for the customer's environment."
Clarity x100HD: Life-like Images and Exceptional Value
Planar has expanded its product line with the Clarity x100HD, a 100-inch
large screen display designed to be flush-mounted in a wall, ideal for
conference rooms, control rooms, security monitoring and broadcast
applications. For true-to-life images, the full high-definition x100HD
features DLP BrilliantColor(TM) technology, which offers a brighter display
and a wider color gamut not available in competing technologies. In addition,
its Planar Precision electronics make it easy to achieve a perfectly aligned
and uniform image. This is critical for conference rooms and broadcast
applications where excellent image quality is the primary concern. For AV
integrators seeking exceptional value and an overall lower cost of ownership,
the x100HD features easy set-up, full front serviceability and low power
consumption.
Clarity c80RP: Planar's Largest Control Room Cube with Built-in SiFi
Planar's new 80-inch Clarity c80RP offers SXGA+ native resolution, SiFi
Auto Color Balance to achieve consistent brightness and color uniformity
across screens, and a new high-contrast screen for sharp image, high
brightness and excellent tiling performance. The c80RP screen features
Planar's unique seamless screen technology and calibrated brackets to
simplify the deployment of perfectly uniform curved video walls. The
combination of large screen size and native SXGA+ DLP technology make the
c80RP ideal for displaying large volumes of fine-detailed data, such as SCADA
and other industrial control systems used in utility, telecommunications and
government installations.
Planar m52L: Narrow Bezel, High Brightness and Full HD
The Planar m52L joins the versatile m-Series family of commercial-grade
LCD displays suited for control room, broadcast and public display
applications. Designed for use in tiled or stand-alone use, the m52L features
the narrowest-available bezel (16mm) in the industry for a 52-inch LCD,
built-in tiling software, intelligent backlight control and a wide range
of source compatibility and connectivity. The m52L features a fully
adjustable high brightness LCD panel and full HD (1920x1080p) resolution.
Additional product highlights include:
Clarity x100HD
-- Full HD resolution (1920x1080p)
-- DLP BrilliantColor support
-- Clean in-wall installation and minimal depth requirement at ~30"
-- Low power consumption and easy in-place front access service
Clarity c80RP
-- Superior SXGA+ resolution (1400 x 1050)
-- Dual lamp option for mission-critical applications
-- Planar's SiFi Auto Color Balance technology
-- Industry-leading seamless screen technology
Planar m52L
-- Full HD resolution (1920 x 1080p)
-- High brightness and outstanding image quality at 700 nits and 2000:1
contrast ratio
-- Ambient light sensor intelligently controls backlight
-- Optional tiling brackets to ease tiled wall installation
The Clarity c80RP is available now. The Clarity x100HD and m52L will be
available later this year. All products are sold exclusively through Planar's
authorized control room resellers worldwide. For more information please
visit http://www.planarcontrolroom.com.
About Planar
Planar Systems, Inc (NASDAQ:PLNR) is a global leader of specialty display
technology providing hardware and software solutions for the world's most
demanding environments. Hospitals, space and military programs, utility and
transportation hubs, shopping centers, banks, government agencies,
businesses, and home theater enthusiasts all depend on Planar to provide
superior performance when image experience is of the highest importance.
Founded in 1983, Planar is headquartered in Oregon, USA, with offices,
manufacturing partners, and customers worldwide. For more information, visit
http://www.planar.com.
Web site: http://www.planar.com
http://www.planarcontrolroom.com
Planar Systems, Inc.
Media, Jolanda Medendorp, +31-6-12969550, Jolanda.medendorp@planar.com, or Kim Brown, +1-503-748-6724, kim.brown@planar.com, or Investors, Ryan Gray, +1-503-748-1100, ryan.gray@planar.com, all of Planar Systems, Inc./Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
SST Launches Enhanced Performance FlashFlex MicrocontrollerNew SST89C58RC 8-bit MCU Features Dual Enhanced SMBus Interfaces and Small-Form Factor for HDMI and Notebook PC Applications
SUNNYVALE, Calif., June 30 /PRNewswire-FirstCall/ -- SST (Silicon Storage Technology, Inc.) , a leader in flash memory technology, today announced a new addition to its FlashFlex family of 8-bit microcontrollers (MCUs), the SST89C58RC. The new device is the industry's first 8051-based MCU to feature two system management buses (SMBus), each supporting up to 400 Kbit per second data throughput, in a tiny 6mm x 6mm QFN package. The SST89C58RC supports operating voltages from 2.7V to 5.5V for implementation in applications with a variety of power supply requirements. Its dual SMBus feature, small form factor and support for a wide range of operating voltages make the SST89C58RC MCU an ideal solution for numerous applications, including HDMI, HDTVs, A/V receivers, home appliances, industrial instruments, notebook PCs, DVD players, Blu-ray players, RF modules and security applications such as fingerprint identification.
"Silicon Image appreciates the flexibility of the SST89C58RC MCU," stated Mark Williams, systems engineering director, Silicon Image, Inc. "The dual hardware SMBus interfaces let the SST89C58RC act as an intermediary between a host processor and a complex multi-chip A/V subsystem. The MCU is ideal for bundled applications, shielding the host from low-level interrupts while providing it with a 'virtual' register interface for simplified control and status access."
Glenn L. Marks, global design services technical leader at Silicon Image, also noted, "The new SST89C58RC MCU allowed us to successfully create our smallest reference board."
"The MCU market is very competitive, and to be successful semiconductor vendors must offer customers devices with the right blend of features, performance and ease of implementation," said Paul Lui, senior vice president, Memory and Special Products Business Unit, SST. "With its support for two SMBus interfaces in hardware and a tiny 6mm x 6mm package, the SST89C58RC addresses two important trends in mobile devices: minimizing board space and increasing functionality. We feel the SST89C58RC is a unique offering in the 8-bit 8051 MCU market that will enable customers to design new products quickly and efficiently."
The SST89C58RC is the latest member of the FlashFlex family of 8-bit microcontroller products with SST patented and proprietary SuperFlash nonvolatile flash memory cells. SuperFlash memory uses a split-gate cell design and a thick-oxide tunneling injector to offer significant cost and reliability benefits to customers. All devices in the FlashFlex family use the 8051 instruction set and are pin-for-pin compatible with standard 8051 microcontroller devices. In addition, all devices in the FlashFlex family feature In-System Programming (ISP) and In-Application Programming (IAP) to allow for maximum design flexibility by enabling the user to update the flash device in the field or in an application. Both IAP and ISP lower cost and improve time-to-market for manufacturers, while bringing enhanced user experiences and convenience to consumers. These re-programming features also have a significant role in enabling increased functionality, such as remote diagnostics and product monitoring, in network- or Internet-enabled devices. The SST89C58RC comes with 1 KByte of on-chip RAM and up to 34 KBytes of embedded SuperFlash memory.
Pricing and Availability
The SST89C58RC is now in production and is priced at $1.25 per unit in 10K unit quantities.
About Silicon Storage Technology, Inc.
Headquartered in Sunnyvale, California, SST designs, manufactures and markets a diversified range of memory and non-memory products for high volume applications in the digital consumer, networking, wireless communications and Internet computing markets. Leveraging its proprietary, patented SuperFlash technology, SST is a leading provider of nonvolatile memory solutions with product families that include various densities of high functionality flash memory components and flash mass storage products. The Company also offers its SuperFlash technology for embedded applications through its broad network of world-class manufacturing partners and technology licensees, including TSMC, which offers it under its trademark Emb-FLASH. SST's non-memory products include NAND controller-based products, smart card ICs and modules, flash microcontrollers and radio frequency ICs and modules. Further information on SST can be found on the company's Web site at http://www.sst.com/.
Forward-Looking Statements
Except for the historical information contained herein, this news release contains forward-looking statements regarding memory and non-memory market conditions, SST's future financial performance, the performance of new products, growth opportunities, SST's licensing business, SST's ability to diversify its business, the transition of SST's products to smaller geometrics, SST's ability to bring new products to market and shareholder returns, all of which involve risks and uncertainties. These risks may include timely development, acceptance and pricing of new products, the terms, conditions and revenue recognition issues associated with licensees' royalty payments, the impact of competitive products and pricing, and general economic conditions as they affect SST's customers, as well as other risks detailed from time to time in the SST's SEC reports, including the Annual Report on Form 10-K for the year ended December 31, 2007 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2008. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, SST disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
For more information about SST and the company's comprehensive list of product offerings, please call 1-888/SST-CHIP. Information can also be requested via email to literature@sst.com or through SST's Web site at http://www.sst.com/. SST's head office is located at 1171 Sonora Court, Sunnyvale, Calif.; telephone: 408/735-9110; fax: 408/735-9036.
The SST logo, FlashFlex and SuperFlash are registered trademarks, and In-Application Programming and IAP are trademarks of Silicon Storage Technology, Inc. All other trademarks or registered trademarks are the property of their respective holders.
For More Information Contact:
Ricky Gradwohl
Silicon Storage Technology, Inc.
408/720-6512
rgradwohl@sst.com
Bob Nelson
Tsantes Consulting Group
408/426-4905
bnelson@tsantes.com
Silicon Storage Technology, Inc.
CONTACT: Ricky Gradwohl of Silicon Storage Technology, Inc., +1-408-720-6512, rgradwohl@sst.com; or Bob Nelson of Tsantes Consulting Group, +1-408-426-4905, bnelson@tsantes.com, for Silicon Storage Technology, Inc.
Web site: http://www.sst.com/
Global Crossing Helps Natural England Save Two Million Miles on the Road
LONDON, June 30 /PRNewswire/ --
- Organization Commits to Cutting Carbon Footprint by Half
Global Crossing (Nasdaq: GLBC), a leading global IP solutions provider,
today announced that it is providing Natural England with end-to-end
telephony services across 44 sites and 2,500 users in the UK in a drive to
help the organization meet its aggressive targets to shrink its carbon
footprint and to bring all of its disparate telephony systems together.
Global Crossing will install an IP VPN, which will deliver Hosted IP
Telephony and managed videoconferencing among other services, including all
associated equipment. This will facilitate the migration of all of Natural
England's existing equipment onto one platform and promote the use of
collaboration services in Natural England's business.
Natural England was formed in October 2006. The organization exists to
conserve and enhance the natural environment for its intrinsic value, the
well-being and enjoyment of people and the economic prosperity that it
brings.
The consolidation enabled by Global Crossing will merge three telephony
estates, creating an opportunity for Natural England to take a lead among
government agencies on environmental issues. The solution from Global
Crossing will demonstrate how next-generation communications services can
deliver cost savings and, most importantly, cut carbon footprints.
"On examining how to merge our telephony estates, we conducted in-depth
analysis on the best approach, best supplier and benefits we could deliver
back to the organization," said Barney Smith, head of knowledge management
and Information Services, Natural England. "We estimate that the cost of this
installation will be approximately 1 million pounds Sterling, with a
potential return of 3.2 million pounds over the next five years. Most of this
will come from reduced travel expenditures, while videoconferencing will
yield savings of 20,000 man-days and two million miles of car journeys."
Anthony Christie, Global Crossing's managing director for EMEA, said:
"We're committed to helping Natural England achieve its mission to cut its
carbon footprint by at least 50 percent by 2010. With travel accounting for
68 percent of Natural England's carbon footprint, Global Crossing's
collaboration services offer an extremely reliable, robust and cost efficient
alternative for communicating face to face, while keeping traffic off the
roads and enabling employees to make far better use of their time."
"Our aim is to lead the way and to begin demonstrating cost savings
within six months. We feel entirely confident that with Global Crossing and
its approach to providing us with end-to-end managed services, we're already
well on the road to achieving our goals," concluded Smith.
ABOUT GLOBAL CROSSING
Global Crossing (Nasdaq: GLBC) provides telecommunications solutions over
the world's first integrated global IP-based network. Its core network
connects approximately 390 cities in more than 30 countries worldwide, and
delivers services to approximately 690 cities in more than 60 countries and 6
continents around the globe. The company's global sales and support model
matches the network footprint and, like the network, delivers a consistent
customer experience worldwide.
Global Crossing IP services are global in scale, linking the world's
enterprises, governments and carriers with customers, employees and partners
worldwide in a secure environment that is ideally suited for IP-based
business applications, allowing e-commerce to thrive. The company offers a
full range of data, voice and security products to approximately 40 percent
of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its
Professional Services and Managed Solutions provide VoIP, security and
network consulting and management services to support its Global Crossing IP
VPN service and Global Crossing VoIP services. Global Crossing was the first
global communications provider with IPv6 natively deployed in both its
private and public backbone networks.
Please visit www.globalcrossing.com or blogs.globalcrossing.com/ for more
information about Global Crossing.
Statements in this press release about expected future events and
financial results are forward-looking and subject to risks and uncertainties
that could cause the actual results to differ materially, including risks
referenced from time to time in the company's filings with the Securities and
Exchange Commission. Global Crossing undertakes no duty to update information
contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contacts
Becky Yeamans
+1-973-937-0155
PR@globalcrossing.com
Jane Rigg, Whiteoaks
Europe
+44-1252-727-313
janer@whiteoaks.co.uk
Analysts/Investors Contact
Gino Mathew
+1-800-836-0342
glbc@globalcrossing.com
GEN/PR1
Web site: http://www.globalcrossing.com
Global Crossing
Press Contacts - Becky Yeamans of Global Crossing, +1-973-937-0155, PR@globalcrossing.com; or Jane Rigg, of Whiteoaks, +44-1252-727-313, Janer@whiteoaks.co.uk; Analysts and Investors Contact - Gino Mathew of Global Crossing, +1-800-836-0342, glbc@globalcrossing.com
Planar annonce trois nouvelles solutions pour les salles de contrôle et l'affichage public destinées au marché européen
BEAVERTON, Oregon, June 30 /PRNewswire/ --
- La société lance les dispositifs électroniques Planar Precision(TM)
pour un calibrage avancé de l'image simplifié
Planar Systems, Inc. (Nasdaq : PLNR), leader mondial des solutions
d'affichage spécialisées, a annoncé aujourd'hui trois nouvelles solutions
d'affichage munies d'une technologie de pointe afin de garantir une qualité
d'image optimale. Les solutions Clarity x100HD, Clarity c80RP et Planar m52L
appuient la stratégie actuelle de la société, qui consiste à accroître sa
gamme de solutions d'affichage de pointe destinées aux environnements
exigeants des secteurs publics, de la sécurité, des transports, de la
diffusion, des entreprises et des services publics.
(Logo : http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO)
De plus, la société a lancé les dispositifs électroniques Planar
Precision(TM), qui permettent l'alignement d'images à semi-conducteurs et
l'ajustement électronique de l'uniformité. Ces innovations, ainsi que
d'autres technologies exclusives telles que l'ajustement automatique des
couleurs et de la luminosité 'Set it and Forget it' (SiFi(TM)), permettent
aux utilisateurs finaux d'établir et de maintenir plus facilement une image
alignée, équilibrée et uniformisée avec précision sur les murs d'images à
rétroprojection Clarity DLP(R).
<< Ces toutes dernières offres sont une preuve supplémentaire de
l'engagement soutenu de Planar vis-à-vis de l'élaboration de solutions
d'affichage grand format de grande valeur destinées au marché européen >>, a
déclaré Kristina K. Gorriaran, vice-présidente et directrice générale du
service Salles de contrôle et signalisation de Planar. << Les dispositifs
électroniques x100HD, c80RP, m52L et Planar Precision développent nos gammes
de produits existantes dans le but d'offrir aux utilisateurs finaux et aux
intégrateurs audiovisuels des options d'affichage inégalées et les outils
nécessaires pour les optimiser en fonction de l'environnement du client. >>
Clarity x100HD : des images réalistes et une valeur exceptionnelle
Planar a élargi sa gamme de produits en y ajoutant le Clarity x100HD,
grand écran de 100 pouces conçu pour être encastré dans un mur, idéal pour
les salles de conférence, les salles de contrôle, les locaux de surveillance
et les applications de diffusion. Afin de produire des images réalistes,
l'écran x100HD haute définition est équipé de la technologie DLP
BrilliantColor(TM), qui offre un affichage plus lumineux et une gamme de
couleurs plus étendue que les technologies concurrentielles ne proposent pas.
En outre, grâce aux dispositifs électroniques Planar Precision, il est plus
facile d'obtenir une image parfaitement alignée et uniformisée, qualité
essentielle pour les salles de conférence et les applications de diffusion,
pour lesquelles une excellente qualité d'image est primordiale. Pour les
intégrateurs audiovisuels à la recherche d'une valeur exceptionnelle et d'un
coût total de possession moindre, le x100HD offre une installation simple,
une pleine fonctionnalité à l'avant et une faible consommation d'énergie.
Clarity c80RP : le plus grand cube de salles de contrôle de Planar muni
d'une fonction SiFi intégrée
Le Clarity c80RP, nouvel écran Planar de 80 pouces, offre une résolution
native optimale SXGA+, l'ajustement automatique des couleurs SiFi qui permet
de régler la luminosité et les couleurs de tous les écrans de manière
uniforme, ainsi qu'un nouvel écran à contraste élevé pour une image précise,
une grande luminosité et un excellent rendement en matière de mosaïques.
L'écran c80RP est doté de la technologie d'affichage continue unique de
Planar ainsi que de supports calibrés qui simplifient le déploiement de murs
d'images arqués parfaitement uniformes. La combinaison des dimensions
importantes de l'écran et de la technologie optimale SXGA+ DLP native font du
c80RP l'écran idéal pour afficher un important volume de données hautement
détaillées telles que SCADA et d'autres systèmes de contrôle industriels
utilisés au sein des installations publiques, des services publics et des
entreprises de télécommunications.
Planar m52L : cadre étroit, grande luminosité et haute définition
complète
L'écran Planar m52L se joint à la famille polyvalente d'écrans
d'affichage de catégorie commerciale m-Series, conçus pour les salles de
contrôle ainsi que pour les applications de diffusion et d'affichage public.
Conçu pour être utilisé seul ou en mosaïque, le m52L présente le cadre le
plus étroit (16 mm) de l'industrie pour un écran LCD de 52 pouces, un
logiciel de mosaïques intégré, une fonction d'ajustement intelligent du
rétroéclairage ainsi qu'une importante gamme de connectivités et de
compatibilités avec la source. Le m52L est muni d'un panneau LCD de grande
luminosité entièrement réglable ainsi que d'une résolution haute définition
(1920 x 1080p) complète.
Les caractéristiques supplémentaires du produit incluent :
Clarity x100HD
-- Résolution HD (1920 x 1080p) complète
-- Prise en charge DLP BrilliantColor
-- Support encastré et exigence de profondeur minimale de ~30"
-- Faible consommation d'énergie et accès à l'avant convivial et fixe
Clarity c80RP
-- Résolution SXGA+ (1400 x 1050) supérieure
-- Option de signal lumineux double pour les applications critiques
-- Technologie d'ajustement automatique des couleurs SiFi de Planar
-- Leader de l'industrie en matière de technologie d'affichage continue
Planar m52L
-- Résolution HD (1920 x 1080p) complète
-- Grande luminosité et qualité d'image exceptionnelle à 700 nits et un
rapport des contrastes de 2000:1
-- Le capteur d'éclairage ambiant ajuste le rétroéclairage de manière
intelligente
-- Les supports de mosaïque optionnels facilitent l'installation au mur
Le Clarity c80RP est disponible dès maintenant. Le Clarity x100HD et le
m52L seront disponibles plus tard cette année. Tous les produits sont vendus
exclusivement par les membres du réseau de revente des salles de contrôle
autorisé de Planar partout dans le monde. Pour de plus amples renseignements,
veuillez consulter http://www.planarcontrolroom.com.
À propos de Planar
Planar Systems, Inc (NASDAQ : PLNR), leader mondial des technologies
d'affichage spécialisées, fournit des solutions matérielles et logicielles
aux milieux les plus exigeants au monde. Les hôpitaux, les programmes
aérospatiaux et militaires, les plaques tournantes des services publics et du
transport, les centres commerciaux, les banques, les organismes
gouvernementaux, les entreprises, et les amateurs de home cinéma font tous
confiance à Planar pour leur offrir une performance supérieure à une époque
où la qualité de l'image est de la plus haute importance. Fondée en 1983,
Planar est basée en Oregon, aux États-Unis, et possède des bureaux, des
partenaires de fabrication ainsi que des clients dans le monde entier. Pour
de plus amples renseignements, veuillez visiter http://www.planar.com.
Site Web : http://www.planar.com
http://www.planarcontrolroom.com
Planar Systems, Inc.
Médias, Jolanda Medendorp, +31-6-12969550, Jolanda.medendorp@planar.com, ou Kim Brown, +1-503-748-6724, kim.brown@planar.com, ou Investisseurs, Ryan Gray, +1-503-748-1100, ryan.gray@planar.com, tous de Planar Systems, Inc./Photo : NewsCom : http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO, AP Archive : http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
Planar lance l'Indisys(TM) Director destiné à la gestion d'affichages pour la salle de contrôle et le mur d'images
BEAVERTON, Oregon, June 30 /PRNewswire/ --
Planar Systems, Inc. (Nasdaq : PLNR), leader mondial des solutions
d'affichage spécialisés, a annoncé le lancement d'un nouveau logiciel de
traitement d'images qui permet aux clients internationaux d'assurer la
gestion complète de l'information visuelle d'une salle de contrôle.
Entièrement intégré à la seule solution de traitement en cubes de
l'industrie, le nouveau Indisys(TM) Director soutient la stratégie continue
de Planar consistant à offrir à la clientèle des produits clés en main qui
simplifient et améliorent le fonctionnement des affichages spécialisés dans
les environnements exigeants des salles de contrôle.
(Logo : http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO)
Conçu pour une vaste gamme d'applications, dont les salles de contrôle
des services publics, la sécurité et la surveillance, le contrôle de la
circulation, les affaires publiques, les centres d'exploitation de réseau
ainsi que les centres d'appel d'urgence, Indisys Director assure une gestion
de bout en bout complète des processus d'acquisition, de distribution et
d'affichage de données et de vidéos, ce qui en fait une solution tout aussi
cohésive qu'unique qui s'ajuste aux différents besoins spécifiques du marché.
Indisys Director permet d'améliorer le flux des travaux ainsi que la
productivité en assurant une surveillance des données clés comme des
déclencheurs d'évènements, des sources glisser-déplacer, des préréglages,
ainsi que des vignettes de mur d'images et de sources en direct. En outre,
Indisys Director communique avec le processeur en cubes d'Indisys afin de
gérer et de contrôler le mur d'images. Indisys Director permet à l'exploitant
de mettre les cubes sous tension et hors tension, de lancer la fonctionnalité
d'ajustement automatique des couleurs Set it and Forget it (SiFi(TM)) sur le
mur d'images, et de signaler certaines conditions comme la température du
système et la durée de vie des lampes et d'y répondre.
<< Les intégrateurs et les utilisateurs finaux cherchent une façon plus
efficace de gérer l'information visuelle essentielle d'une salle de contrôle
en ne disposant que d'un point de contrôle sur tous les éléments du système
de mur d'images >>, a affirmé Kristina K. Gorriaran, vice-présidente et
directrice générale du service Salles de contrôle et signalisation de Planar.
<< Le contrôle complet source-à-pixel d'Indisys Director est conçu de façon à
répondre à ce besoin en réunissant de nombreuses fonctionnalités en une seule
application de gestion plus intuitive.
Indisys Director fait partie de la dernière génération de systèmes de
traitement d'images Indisys de Planar qui est dotée du protocole Indisys
Packet Protocol (IP2). L'IP2 est un protocole de transport numérique à haute
vitesse qui permet d'automatiser l'installation et qui améliore la
performance globale du système. L'Indisys doté de l'IP2 comprend le seul
processeur en cubes de l'industrie, qui améliore le contrôle du mur d'images
et simplifie l'acheminement des câbles. Le processus en cubes fournit 4 PIP,
des images figées, une mise à l'échelle d'images, des filtres visuels, des
instantanés, ainsi que des capacités de surveillance et de gestion des
affichages. De plus, l'Indisys IP2 découvre lui-même les éléments de
traitement d'images d'Indisys dans un réseau afin de simplifier
l'installation et la configuration initiales. L'Indisys IP2 procure une
utilisation plus efficace de la bande passante et numérise, en plus de
transporter, l'information visuelle à 16 Gbps tout en ayant recours à une
architecture parallèle qui permet à l'ensemble des sources de se trouver à
n'importe quel endroit sur un mur de n'importe quelles dimensions. Ces
particularités assurent une extensibilité aux systèmes de mur d'images de
taille plus importante.
Autres caractéristiques d'Indisys Director :
-- Sources glisser-déplacer et préréglages
-- Sources en direct et vignettes de mur d'images
-- Surveillance de système Web
-- Déclencheurs d'évènements assurant la gestion du flux des travaux pour
une productivité accrue
-- Interface API complète pour personnalisation de l'utilisateur final et
intégration aux systèmes existants
Indisys Director sera disponible en octobre 2008 par le biais du Réseau
autorisé de revente intégrée des salles de contrôle de Planar. Pour de plus
amples renseignements, veuillez consulter http://www.planarcontrolroom.com.
À propos de Planar
Planar Systems, Inc (Nasdaq : PLNR), leader mondial des technologies
d'affichage spécialisées, fournit des solutions matérielles et logicielles
aux milieux les plus exigeants au monde. Les hôpitaux, les programmes
aérospatiaux et militaires, les plaques tournantes des services publics et du
transport, les centres commerciaux, les banques, les organismes
gouvernementaux, les entreprises, et les amateurs de cinéma maison dépendent
tous de Planar pour offrir une performance supérieure à une époque où la
qualité de l'image est de la plus haute importance. Fondée en 1983, Planar
est basée en Oregon, aux États-Unis, et possède des bureaux, des partenaires
de fabrication ainsi que des clients dans le monde entier. Pour de plus
amples renseignements, veuillez consulter http://www.planar.com.
Site Web : http://www.planar.com
Planar Systems, Inc.
médias, Jolanda Medendorp, +31 6 12969550, Jolanda.medendorp@planar.com, ou Kim Brown, +1-503-748-6724, kim.brown@planar.com, ou investisseurs, Ryan Gray, +1-503-748-1100, ryan.gray@planar.com, tous de Planar Systems, Inc. ; Photo : http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO, AP Archive : http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com
MyScreen files patents in India as it's a market set to grow to 500 million mobile phone subscribers by 2010
TORONTO, June 30 /PRNewswire-FirstCall/ -- MyScreen Mobile, Inc. ("Myscreen") (Pink Sheets: MYSL, Frankfurt: WICI) announced today that a patent application for its technology has been filed with the Patent Office in India. The company is seeking to protect the Intellectual Property Rights of Myscreen and enables the company to operate and maintain its position as global market innovator and leader in the mobile advertising space.
"The mobile phone market in India is predicted to grow to 500 million subscribers by 2010," said Christian H. Meissner, Executive Vice President, Myscreen. "One of our strategies is to target the rapidly growing BRIC countries (Brazil, Russia, India and China) where we feel advertisers will now have a utility to reach these consumers with ease".
The filing of patents in specific countries, such as India, is just the start to protect its technology globally. Myscreen's technology is patent pending in the USA, Canada and the World. By applying specifically to the Intellectual Property office for India, it ensures a solid foundation to build a successful market.
MyScreen is set to revolutionize the mobile communications industry with its Patent Pending technology. MyScreen delivers an outstanding value proposition to subscribers, advertisers and wireless carriers, through the delivery of non-intrusive advertising, to an engaged and receptive audience.
About MyScreen
MyScreen (Pink Sheets: MYSL, Frankfurt: WICI) is an innovative marketing and advertising tool within the mobile communication industry, establishing both a permission and incentive-based marketing model that allows mobile subscribers to be compensated for allowing targeted advertisements to appear on their cell phone or mobile device in the form of images, SMS and video at the end of a call.
MyScreen is now strategically positioned to launch in any market globally. Advertisers wishing to participate should contact the advertising department at sales@myscreen.com; users wishing to become part of the launch are invited to pre-register at http://www.myscreen.com/.
This press release contains "forward-looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risks and other uncertainties affecting the company, including those discussed in MyScreen Mobile reports and other documents filed with the U.S. Securities and Exchange Commission.
MyScreen
CONTACT: Danielle Restivo, Account Director, Media Profile, Danielle@mediaprofile.com, (416) 504-8464, cell: (416) 704-2210
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